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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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Press Release

Cryptorefills launches x402 payments for AI agents, publishes agentic commerce reference

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USDC payments on Base for AI agents at checkout, alongside open-source documentation of how merchants run agent-driven commerce.

Amsterdam, May 11th 2026, ZEX PR WIRE, 15:00 CEST. Cryptorefills has enabled x402 payments at checkout, allowing AI agents to pay for gift cards, mobile top-ups and eSIMs using USDC on the Base network. The protocol, developed by Coinbase and Cloudflare, lets autonomous software settle stablecoin transactions programmatically. Cryptorefills has also published an open-source operations reference for the merchant operations layer of agentic commerce.

x402 lets a software agent receive an HTTP 402 Payment Required response from a merchant, settle the requested amount in stablecoin, and complete the transaction in a single automated exchange. For Cryptorefills, checkout becomes a programmable endpoint that agents can call directly.

The x402 launch adds a second agent-payment rail to the platform. Cryptorefills released its Model Context Protocol server in October 2025, allowing agents to discover products, build orders, and complete purchases through MCP. x402 addresses a different pattern: the agent calls a Cryptorefills endpoint, receives payment terms, settles in USDC, and completes the request in one round trip. The two rails serve different agent contexts and run in parallel. 

“We shipped x402 and open-sourced our merchant operations work in the same week on purpose. One is a payment rail, while the other is what a merchant needs around it to accept agent traffic. Agentic commerce is happening, and very little about the second part has been written down,” said Massimiliano Silenzi, CEO of Cryptorefills. “We’ve been running stablecoin checkout since 2018, and a lot of what we learned there carries over. We chose to publish what we’ve learned and continue building the rest openly.”

The reference repository, available at github.com/Cryptorefills/agentic-commerce, covers the operations surface that surrounds the protocol stack. Topics include catalogue discovery for agent buyers, settlement reconciliation across chains, quote-and-pricing handling, and delivery confirmations. Documentation is released under CC0; example code is Apache 2.0.

“In the repository we just open-sourced there are nine playbooks, the TypeScript schemas behind them, and five runnable examples. Two of them connect to our live MCP and x402 endpoints, so a developer can clone the repository and watch the agent-merchant exchange execute against production,” said Simonluca Landi, CTO of Cryptorefills.

Cryptorefills serves AI agents through three of the field’s emerging standards: MCP for context, Agent Skills for capability publishing, and x402 for stablecoin settlement. 

About Cryptorefills

Cryptorefills enables people in over 180 countries to spend cryptocurrency on everyday products and services. Categories include gift cards from over 6,600 brands, mobile top-ups across 600 operators, eSIMs, flights across 300 airlines, and stays at over 1 million hotels and properties. The platform supports stablecoin checkout across Base, Ethereum, Tron, Solana, Polygon, and other major networks, alongside Bitcoin and Lightning. It is among the first ecommerce companies to integrate AI-agent payment standards including MCP, Agent Skills, and x402.

Operating publicly since 2018 and headquartered in Amsterdam, Cryptorefills is a member of the Holland Fintech Association and Blockchain Netherlands Foundation.

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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

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Emicap, ICEnergy Forge Partnership to Accelerate European Carbon Capture Deployments

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Collaboration to focus on cost-effective capture and mineralization of biogenic CO₂ in Europe

Korea South, 11th May 2026, SEOUL, South Korea & KORTRIJK, Belgium – South Korea’s ICEnergy and Belgium-based Emicap have partnered to deploy cryogenic carbon capture systems targeting biogenic CO₂ in Europe. The partnership combines ICEnergy’s proprietary capture technology with Emicap’s cryogenic R&D and market access, supported by Emicap’s sister company, LM Engineering, which provides industrial engineering and execution capabilities.

Dr. Sungho Park(icenergy0805@gmail.com), CEO of ICEnergy, stated that he hopes this partnership will enable ICEnergy and Emicap to take a further step toward realizing carbon neutrality in the European market. The collaboration comes at a pivotal moment following the successful demonstration of ICEnergy’s technology. Amid a rapidly expanding European market for biogenic CO₂ solutions, early deployment is critical to secure access to high-quality feedstocks and permanent storage pathways.

ICEnergy recently demonstrated a 10 ton/day cryogenic carbon capture system for both onshore and marine applications. The system converts flue gas CO2 directly into dry ice, avoiding the need for conventional separation and liquefaction steps. A key feature of the electrically driven process is the internal recovery and reuse of cold energy. By recycling this energy, external demand is reduced and consumption is focused on CO₂ conversion, resulting in approximately 30% lower energy use compared to conventional systems, supporting a low lifecycle carbon footprint.

Emicap integrates cryogenic CO2 capture with downstream applications by coupling emission sources from Waste-to-Energy and biomass plants to the carbonation of alkaline industrial residues such as steel slags and fly ash. To ensure seamless site-specific deployment, Emicap applies its cryogenic R&D expertise to tailor ICEnergy’s capture systems for these European industrial plants. This integration enables the permanent storage of CO2 while upgrading captured emissions and industrial residues into supplementary cementitious materials for use in low-carbon construction. By operating across the full value chain, Emicap helps offset capture costs, reducing reliance on institutional subsidies.

The partners are targeting removal of up to 200 kilotons of CO₂ annually by 2035, positioning the collaboration to contribute to industrial-scale, net-negative emissions.

Media Contact

Organization: ICEnergy Co.,

Contact
Person:
Sungho Park

Website:

https://www.icenergy.co.kr/

Email:

icenergy0805@gmail.com

Contact Number: 82313307852

Country:Korea South

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Emicap, ICEnergy Forge Partnership to Accelerate European Carbon Capture Deployments
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It is provided by a third-party content
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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

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Press Release

Emicap, ICEnergy Forge Partnership to Accelerate European Carbon Capture Deployments

Published

on

Collaboration to focus on cost-effective capture and mineralization of biogenic CO₂ in Europe

Korea South, 11th May 2026, SEOUL, South Korea & KORTRIJK, Belgium – South Korea’s ICEnergy and Belgium-based Emicap have partnered to deploy cryogenic carbon capture systems targeting biogenic CO₂ in Europe. The partnership combines ICEnergy’s proprietary capture technology with Emicap’s cryogenic R&D and market access, supported by Emicap’s sister company, LM Engineering, which provides industrial engineering and execution capabilities.

Dr. Sungho Park(icenergy0805@gmail.com), CEO of ICEnergy, stated that he hopes this partnership will enable ICEnergy and Emicap to take a further step toward realizing carbon neutrality in the European market. The collaboration comes at a pivotal moment following the successful demonstration of ICEnergy’s technology. Amid a rapidly expanding European market for biogenic CO₂ solutions, early deployment is critical to secure access to high-quality feedstocks and permanent storage pathways.

ICEnergy recently demonstrated a 10 ton/day cryogenic carbon capture system for both onshore and marine applications. The system converts flue gas CO2 directly into dry ice, avoiding the need for conventional separation and liquefaction steps. A key feature of the electrically driven process is the internal recovery and reuse of cold energy. By recycling this energy, external demand is reduced and consumption is focused on CO₂ conversion, resulting in approximately 30% lower energy use compared to conventional systems, supporting a low lifecycle carbon footprint.

Emicap integrates cryogenic CO2 capture with downstream applications by coupling emission sources from Waste-to-Energy and biomass plants to the carbonation of alkaline industrial residues such as steel slags and fly ash. To ensure seamless site-specific deployment, Emicap applies its cryogenic R&D expertise to tailor ICEnergy’s capture systems for these European industrial plants. This integration enables the permanent storage of CO2 while upgrading captured emissions and industrial residues into supplementary cementitious materials for use in low-carbon construction. By operating across the full value chain, Emicap helps offset capture costs, reducing reliance on institutional subsidies.

The partners are targeting removal of up to 200 kilotons of CO₂ annually by 2035, positioning the collaboration to contribute to industrial-scale, net-negative emissions.

Media Contact

Organization: ICEnergy Co.,

Contact
Person:
Sungho Park

Website:

https://www.icenergy.co.kr/

Email:

icenergy0805@gmail.com

Contact Number: 82313307852

Country:Korea South

The post
Emicap, ICEnergy Forge Partnership to Accelerate European Carbon Capture Deployments
appeared first on
Brand News 24.
It is provided by a third-party content
provider. Brand News 24 makes no
warranties or representations in connection with it.

About Author

Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

Continue Reading

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