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Will Hash Power Mining Lead Ethereum Into 2.0?

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2020 is destined to be an extraordinary year. The global health problems brought about by the Corona-virus, had not only accelerated fluctuation in personal assets, but also intensified the turbulence of the capital market. The first thing that bears the brunt is the US dollar system as the global currency, followed by crude oil, stocks, etc. At this time, the outstanding performance of cryptocurrencies has attracted the attention of many traditional investors, and the concept of “mainstream cryptocurrencies as safe-haven assets” was mentioned again.

From the perspective of M1, bitcoin is now recognized as the sixth largest currency in the world, which indicates that cryptocurrencies have officially integrated into the global mainstream financial system.

In 2020, the world’s largest digital payment platform PayPal announced that it will soon be able to let its more than 1 billion users to trade cryptocurrencies such as BTC, ETH through its online wallet.

In 2020, a financial services company led by Jack Dorsey, CEO of the digital payment company Square, announced that it had bought 4,709 BTC worth $50 million, which accounted for 1% of the company’s total assets.

In 2020, Singapore’s largest retail and commercial bank — DBS Bank, will soon launch the DBS cryptoexchange, which will support Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and Bitcoin Cash (BCH) to start with.

In 2020, Ethereum settlement exceeded 1 trillion USD, surpassing the Bitcoin network settlement amount for the first time.

In 2020, the ecological market value of Ethereum has exceeded 100 billion USD, and the total lock-up amount of the Ethereum DeFi project has exceed 10 billion USD, which is a tenfold increase compared to 2019.

In 2020, the concept of DeFi made an explosion in the blockchain industry. Until late august, the total market value of all Defi tokens has reached 11.5 billion USD, the trading volume of decentralized cryptoexchanges has exceeded 400 million USD, and the total lock up value of DeFi projects has raised over 6.2 billion USD.

Moreover, the data above came from the current congestion and the racket high gas fee of ETH . After Ethereum 2.0 is fully launched, the TPS of Ethereum said to be increasing from 10-25 TPS to 100,000 TPS, and the market value of Ethereum ecosystem will reach trillions of dollars.

Although there are many complaints about the Ethereum network now, among the 242 DeFi projects, 197 are deployed on Ethereum, while EOS and Bitcoin have only 22 and 23 DeFi projects respectively.

With the increasing scale of the Ethereum DeFi ecosystem, the governance rights will be handed over to the community more and more, which makes migration basically impossible. This situation makes Ethereum and DeFi pushing each other’s mutual achievements.

From investors’ perspective, having experienced the collapse of ICO and many other incidents, it may be difficult for them to establish trust in centralized crypto-projects again.

In this context, the Galaxy Cloud hash power mining platform is a decentralized asset management platform that integrates ETH 1.0 POW mining , ETH 2.0 POS cloud mining and DeFi liquid mining, and is constructed to achieve tens of trillions of dollars of market value of ETH 2.0 in the future!

Galaxy Cloud hash power mining platform is created by the Galaxy Cloud Foundation. Galaxy Cloud Foundation was branched from Singapore AI Foundation in May 2020, aiming to support the research and development of various blockchain software and hardware, among which Ethereum and the decentralized technology ecosystem are the main targets.

Since the establishment of Singapore AI Foundation in 2017, it has been committed to support the research and development of artificial intelligence, and the return on their investment projects has been at the leading level of the AI industry. At the beginning of 2020, the AI Foundation decided to put out some funds and personnel to establish a blockchain fund to help the development of the emerging technology industries, and there came Galaxy Cloud Foundation.

The mission of Galaxy Cloud Foundation is to promote the development of new technologies and applications, especially in the field of new open and decentralized hardware and software architectures. Its goal is to develop, cultivate, promote and maintain decentralized and open technologies.

Galaxy Cloud Foundation gathers the world’s top financial technology talents, through years of research and development, formed the world’s leading artificial intelligence DeFi asset management platform — Galaxy Cloud hash power mining platform. Based on the global DeFi alliance (including Uniswap, MakerDao, Debank and dozens of other DeFi platforms), it integrated ETH 1.0 POW mining, ETH 2.0 POS cloud mining and DEFI liquidity mining. The Galaxy Cloud hash power mining platform will become the benchmark application of the future DeFi ecology, helping to build an application ecology with a market value of 10 trillion US dollars for ETH 2.0 for the next ten years.

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Modcon Advances Oxygen Measurement with MOD 1040 In Situ Analyzer

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Modcon Systems’ MOD-1040 In-Situ Oxygen Analyzer provides fast, direct oxygen measurement for hydrogen and other demanding process gas applications. Using optical technology, it measures from 1 ppm to 100% O₂, operates at pressures up to 350 barg, and delivers T90 response below 5 seconds. By measuring directly in the process, the MOD-1040 can reduce the need for complex sample extraction and conditioning systems, improving response time while reducing maintenance and potential leak points. The analyzer is ATEX/IECEx Zone 1 and SIL 2 certified, with automatic pressure and temperature compensation for changing process conditions.

London, United Kingdom, 9th Sep 2026 – Modcon Systems Ltd., a developer of advanced process analyzers and industrial optimization technologies, is advancing oxygen measurement for hydrogen, natural gas, refining and other process industries with its MOD-1040 In-Situ Optical Oxygen Analyzer.

The MOD-1040 is designed to measure oxygen directly at the process measurement point, reducing the need for conventional sample extraction and conditioning systems. This approach can provide faster visibility of changing oxygen concentrations while reducing sample tubing, pressure regulators, filters and other components associated with extractive analyzer systems.

Using optical luminescence-quenching technology, the MOD-1040 provides continuous oxygen measurement from 1 ppm to 100% O₂, operates at process pressures up to 350 barg (5,076 psi) and provides a T90 response time of less than five seconds.

Addressing the Challenges of Hydrogen Measurement

Fast and reliable oxygen measurement is particularly important in hydrogen production, compression, storage and transportation. Oxygen contamination can affect hydrogen purity and, at elevated concentrations, become a significant process safety concern.

In electrolyzer applications, monitoring oxygen in the hydrogen stream can also provide early indication of abnormal gas crossover conditions.

Traditional extractive analyzer systems typically remove a gas sample from the process, reduce its pressure and transport it to an analyzer. For high-pressure hydrogen applications, this may require additional tubing, regulators, valves and sample handling equipment.

The MOD-1040 enables oxygen measurement directly at process pressure, simplifying the measurement architecture and reducing sample transport delays and potential leak points.

Automatic Compensation for Process Conditions

Direct process measurement requires the analyzer to account for changing operating conditions. The latest MOD-1040 design supports automatic pressure and temperature compensation, using external process signals to correct the oxygen measurement as operating conditions change.

The analyzer also provides Modbus RTU communication and Bluetooth connectivity for commissioning, calibration and diagnostics.

Different wetted-material configurations are available for demanding process environments, including 316/316L stainless steel, Nickel 200/201, Inconel 625 and Hastelloy C276.

Designed for Hazardous Process Applications

The MOD-1040 is ATEX, ECASEx and IECEx certified for Zone 1 hazardous areas and SIL 2 certified, supporting its use in critical hydrogen, hydrocarbon and industrial gas applications.

Beyond hydrogen, the analyzer can be applied to natural gas, refinery and petrochemical gases, flare gas, biogas, renewable natural gas and industrial gas production, where rapid detection of oxygen can support process control, gas quality and operational safety.

Moving Oxygen Measurement Closer to the Process

As industrial plants increasingly rely on real-time process data for automation, safety systems, digital twins and Industrial AI, the speed and quality of measurement are becoming increasingly important.

The MOD-1040 reflects Modcon’s approach of moving analysis closer to the process itself. Rather than bringing the process sample to the analyzer, the analyzer is brought directly to the process.

About Modcon Systems

For more than 50 years, Modcon Systems Ltd. has supported process industries with online analyzers, advanced process control and real-time optimisation technologies. Today, Modcon provides process analyzers, integrated analyzer solutions and Modcon.AI Industrial AI technologies for hydrogen, refining, petrochemicals, natural gas, industrial gases and other continuous process industries.

For more information about the MOD-1040 Oxygen Analyzer, visit:

https://www.modcon-systems.com/oxygen-analyzer/

Media Contact

Organization: Modcon Systems Ltd.

Contact Person: Anya Alter

Website: https://www.modcon-systems.com

Email: Send Email

Contact Number: +442045771737

Address: 10 Orange St., Haymarket

City: London

State: London

Country: United Kingdom

Release id: 48945

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IC Markets Australia Wins People’s Choice Forex Broker Innovation Award at the 2026 Finder Innovation Awards

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Sydney, Australia, September 9th, 2026, FinanceWire

IC Markets Australia is proud to announce it has been named the winner of the People’s Choice Forex Broker Innovation Award in the 2026 Finder Innovation Awards program.

The Finder Innovation Awards recognise products, services and brands that are delivering meaningful innovation for Australian consumers. Unlike many industry awards, the Finder Awards are not pay-to-play, providing an independent endorsement based on product merit and customer value.

The People’s Choice Forex Broker Innovation Award highlights IC Markets Australia’s ongoing commitment to enhancing the trading experience for Australian clients through technology, platform innovation and client-focused solutions.

IC Markets Australia provides traders with access to advanced trading platforms, competitive pricing and a trading environment designed to support a wide range of trading styles and experience levels. The award recognises the company’s focus on continuously improving its offering to meet the evolving needs of Australian traders.

“We’re honoured to receive the People’s Choice Forex Broker Innovation Award from Finder,” said Peter Tardent, Managing Director of IC Markets Australia. “Innovation is central to everything we do, from investing in trading technology and platform enhancements to improving the overall client experience. Receiving recognition from a trusted Australian comparison platform reinforces our commitment to delivering value for our clients.”

According to Finder, consumer trust in independent awards remains strong, with 79% of Australians placing greater trust in awards that are not paid for. As a respected Australian comparison platform, Finder’s recognition provides valuable third-party validation for brands that demonstrate excellence and innovation.

This latest award adds to a growing list of industry recognitions received by IC Markets Australia and reflects the company’s continued focus on providing Australian traders with access to world-class trading technology, transparent pricing and exceptional service.

About IC Markets Australia

IC Markets Australia is a leading online trading provider offering access to global financial markets through advanced trading platforms. Committed to delivering innovative technology, competitive pricing and a high-quality trading experience, IC Markets Australia supports traders across a broad range of markets and trading styles.

Contact

Bao Huynh
IC Markets
b.huynh@icmarkets.com.au
0479107400

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CMS: Initial Prescriptions for Silevimig Injection, the World’s First Bispecific Antibody Against Rabies, Issued in China

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SHENZHEN, CHINA – On 9 September, China Medical System Holdings Limited (867.HK/8A8.SG) (“CMS” or the “Group”) is pleased to announce that the initial prescriptions for the Class 1 innovative drug Silevimig Injection (the “Product”) have recently been issued in multiple hospitals across China, including Beijing Luhe Hospital of Capital Medical University, Wenzhou People’s Hospital, Kaiping Central Hospital, Dongguan Guangji Hospital and Huidong Jilong Ankang Hospital. This marks that the world’s first bispecific antibody for passive immunization against rabies has officially commenced its large-scale clinical application, offering a better solution for urgent post-exposure management against rabies in China.

 

Dual-Epitope Neutralization with Low Dosing, Addressing Clinical Pain Points

Silevimig Injection is the world’s first fully human bispecific antibody targeting dual epitopes (G protein epitopes I and III) of the rabies virus, which is consistent with the World Health Organization (“WHO”) recommendation for a “cocktail” therapeutic paradigm. It can effectively neutralize different viral strains or genotypes of the rabies virus, providing immediate protection before the establishment of full protection by active rabies vaccination, and building a critical line of defense against viral infection.

 

The Product is currently the passive immunization product with the smallest dose for rabies (0.05 mg/kg); compared with human rabies immune globulin (“HRIG”), it requires less injection volume and easier administration, which can effectively reduce pain and improve compliance for patient. Manufactured using recombinant technology, the Product is non-plasma-derived and carries no risk of blood-borne infections. It can be manufactured at scale through standardized and stable processes, with controllable production costs, while offering a single active ingredient, consistent quality and minimal batch-to-batch variability. These advantages open up new possibilities for improving the safety, standardized supply and patient accessibility of rabies passive immunization products, with the potential to further increase market penetration.

 

Initial Prescriptions Issued Within About Two Months After Approval, Academic-Driven Commercialization Platform Accelerating Value Realization

Silevimig Injection was approved for marketing in China in June 2026. Following the approval, CMS worked closely with its partner Genrix Bio to advance critical workstreams including drug supply, market access and academic promotion, while integrating expert networks and market resources. The inital prescriptions were issued in China within approximately two months, accelerating the translation of innovation outcomes into a clinically accessible new treatment option.

 

Currently, CMS has nine commercialized innovative drugs that are progressively achieving large-scale clinical application across China, accelerating the realization of the clinical value of each quality medicine. Going forward, CMS will remain focused on clinical unmet needs and continue to build a differentiated innovative product portfolio through a dual-track system of in-house R&D and collaborative R&D, accelerating accessibility of quality innovative drugs and taking concrete action to safeguard patients’ lives and health.

 

About Rabies

Rabies is an acute zoonotic disease caused by RABV, clinically characterized by aerophobia, hydrophobia, pharyngeal muscle spasms and progressive paralysis[1], with a case-fatality rate approaching 100%. At present, there is no proven treatment for rabies once clinical symptoms appear. Standardized post-exposure management, comprising wound care, vaccination and passive immunization administered as needed, remains the most effective strategy[2]. As vaccine-induced antibodies require 1-2 weeks after the first dose of vaccine injection to reach protective levels, passive immunization provides immediate coverage [1].

 

According to the National Technical Guidelines for the Rabies Exposure Prophylaxis (2023 Edition), patients with Category III exposure, patients with confirmed Category II exposure involving severe immunodeficiency, and patients with Category II exposure involving wounds to the head or face while the health status of the offending animal cannot be determined should receive passive immunization at the same time as the first dose of rabies vaccine[3]. In China, more than 40 million people are exposed to rabies annually, of whom approximately 40% fall under Category III exposure[1]. However, due to factors such as limited awareness, high price, and restricted accessibility, only about 15% of Category III cases receive passive immunization[1]. Currently, the primary passive immunization option in China is HRIG. However, HRIG must be sourced from healthy donors, making it difficult and costly to obtain. Furthermore, it carries potential risks of blood-borne infections. This has led to a low penetration rate of passive immunization products in China.

 

More Information about Silevimig Injection

In a Phase III clinical trial in adults in China, Silevimig Injection met its primary efficacy endpoint, demonstrating non-inferior protective efficacy compared with HRIG, the currently most used passive immunization product in China. The Product provides immediate protection during the early stages of rabies virus exposure without compromising the active immune response induced by vaccination. In addition, a Phase III clinical trial in children and adolescents aged 2 to <18 years is currently ongoing in China. The Product has been granted a patent in China.

 

In September 2025, the Group through subsidiaries of the Company entered into an Exclusive Collaboration Agreement (the “Agreement”) with Chongqing Genrix Biopharmaceutical Co., Ltd. In accordance with the Agreement, the Group has obtained exclusive commercialization rights for the Product in mainland China and exclusive licensing rights for the rest of the Asia-Pacific region, the Middle East and North Africa. The collaboration term extends until ten years after the Product receives the marketing approval in Mainland China (the “Initial Term for the Product”). Unless terminated or dissolved under the terms set forth in the Agreement, the Agreement will automatically renew for successive ten-year periods upon expiration of the Initial Term for the Product.

 

About CMS

CMS is an innovative pharmaceutical company focused on the identification, building, and full lifecycle management of differentiated specialty pharmaceuticals. With a dual-engine approach of in-house R&D and collaborative R&D, and leveraging its core capability to build markets and brands from the ground up, the Group enables each medicine to fully realize both its clinical value and commercial value.

 

CMS has established an end-to-end capability loop across the full product lifecycleprecisely identifying quality innovation targets, matching them with optimal development pathways, and efficiently advancing clinical development and registration; developing medical strategies aligned with clinical needs, and driving scaled clinical adoption through a professional academic promotion system and network.

 

CMS focuses on advantaged specialties including cardiovascular-kidney-metabolic, central nervous system, gastroenterology, ophthalmology, and skin health. Through professional academic promotion and academic resources across multiple disease areas, CMS has built sustainable scale advantages in specialties, with its skin health business becoming a leading player in its segment. Meanwhile, CMS continues to strengthen its international replication capabilities, validating the transferability of its business model in emerging markets such as Southeast Asia and the Middle East, and injecting long-term momentum for the Group’s high-quality, sustainable development.

 

Reference:

1. Chinese Center for Disease Control and Prevention. Technical Guidelines for Human Rabies Prevention and Control (2016). https://www.chinacdc.cn/jkyj/crb2/yl/kqb/jswj_kqb/202409/P02024090652542…

2. Yin Wenwu, Wang Chuanlin, et al. Expert consensus on rabies exposure prophylaxis [J]. Chinese Journal of Preventive Medicine, 2019, 53(7): 668679. DOI: 10.3760/cma.j.issn.0253-9624.2019.07.004

3. Chinese Center for Disease Control and Prevention. National Technical Guidelines for the Rabies Exposure Prophylaxis (2023 Edition). https://www.chinacdc.cn/jkyj/crb2/yl/kqb/jswj_kqb/202409/P020240906525421817465.pdf

 

CMS Disclaimer and Forward-Looking Statements

This press release is not intended to promote any products to you and is not for advertising purposes. This press release does not recommend any drugs, medical devices and/or indications. If you want to know more about the diagnosis and treatment of specific diseases, please follow the opinions or guidance of your doctor or other medical and health professionals. Any treatment-related decisions made by healthcare professionals should be based on the patient’s specific circumstances and in accordance with the drug package insert.

 

This press release which has been prepared by CMS does not constitute any offer or invitation to purchase or subscribe for any securities, and shall not form the basis for or be relied on in connection with any contract or binding commitment whatsoever. This press release has been prepared by CMS based on information and data which it considers reliable, but CMS makes no representation or warranty, express or implied, whatsoever, and no reliance shall be placed on the truth, accuracy, completeness, fairness and reasonableness of the contents of this press release. Certain matters discussed in this press release may contain statements regarding the Group’s market opportunity and business prospects that are individually and collectively forward-looking statements. Such forward-looking statements are not guarantees of future performance and are subject to known and unknown risks, uncertainties and assumptions that are difficult to predict. Any forward-looking statements and projections made by third parties included in this press release are not adopted by the Group and the Company is not responsible for such third-party statements and projections.

 

Media Contact

Brand: China Medical System Holdings Ltd.

Contact: CMS Investor Relations

Email: ir@cms.net.cn

Website: https://web.cms.net.cn/en/home/

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