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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

Demeter Tactical Investments (ME) Limited bolsters governance with two board appointments

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Abu Dhabi, United Arab Emirates, August 11th, 2026, FinanceWire

Dr Ryan Lemand and Emmanouil Tzannes bring regulatory, asset management and institutional strategy expertise to the ADGM-based firm

Demeter Tactical Investments (ME) Limited, the ADGM-based investment firm, today announced the appointment of Dr Ryan Lemand and Emmanouil Tzannes to its board of directors. The appointments deepen the board’s expertise across regulation, asset management, governance and strategic partnerships as the firm extends its institutional presence in the region.

Dr Ryan Lemand joins the board as an Independent Non-Executive Director. A French national, he is Founder and Chief Executive Officer of the Neovision group of companies, a leading fund hosting platform. He holds a PhD in Financial Econometrics, awarded summa cum laude, from the École Normale Supérieure, and brings senior experience spanning regulation, asset management and board governance. He previously served as Chief Executive Officer of ADS Investment Solutions, as Senior Advisor and Head of Risk Management at the UAE’s federal securities regulator, and as Lead Portfolio Manager at Fortis Investments, where he oversaw a portfolio of EUR 14.6 billion.

An approved person across multiple jurisdictions, including the FSRA, SFC, MAS, AMF and Saudi CMA, Dr Lemand currently serves as Independent Non-Executive Director on the boards of several regulated entities across the ADGM, VARA and DFSA. He is a published author, academic researcher and frequent commentator on international financial markets.

Emmanouil Tzannes is an international executive with deep experience in institutional strategy, governance, financial sustainability and strategic partnerships across the cultural, non-profit and mission-driven sectors. He has advised senior leaders and government stakeholders on organisational growth and long-term value creation, and has led the development of innovative funding models and high-value collaborations across the Middle East. He brings to the board a multidisciplinary perspective, strong stakeholder judgement and expertise in philanthropy, corporate partnerships and strategic oversight.

Commenting on his appointment, Dr Ryan Lemand, Independent Non-Executive Director, said:

“I am delighted to join the board of Demeter Tactical Investments as an Independent Non-Executive Director. Demeter’s systematic, evidence-based approach to managing risk and exposure reflects exactly the kind of disciplined process that institutional investors and regulators rightly expect, and I look forward to supporting the board in upholding the strong governance and oversight standards that underpin it.”

Commenting on the appointments, Jeffrey Sexton, Founder and Chief Investment Officer at Demeter Tactical Investments (ME) Limited said:

“Strong governance is the foundation on which everything we do at Demeter is built. Ryan and Emmanouil bring complementary strengths, from regulatory depth and portfolio oversight to institutional strategy and strategic partnerships. Their appointments reflect our commitment to maintaining the highest standards of governance, transparency, and accountability as we continue to expand our presence across the region.”

John Hensel, Senior Executive Officer and SVP, Middle East Markets at Demeter Tactical Investments (ME) Limited, added: “The Abu Dhabi Global Market has become one of the region’s most respected centres for institutional asset management, and boards of this calibre are a large part of the reason why. Ryan brings independent oversight experience across the jurisdictions that matter most to our partners, while Emmanouil adds the institutional judgement and depth of regional relationships that support long-term growth. Their appointments strengthen the confidence that investors and counterparties across the Middle East place in Demeter as we build from our Abu Dhabi base.”

The appointments come as Demeter strengthens its governance framework supporting its growth from its Abu Dhabi Global Market base. The firm’s systematic, evidence-based approach is rooted in the academic research of Nobel Laureate Eugene Fama, using price as the primary indicator of market conditions to adjust exposure with discipline through changing markets, and the strengthened board will support the oversight standards on which that process depends.

About Demeter Tactical Investments

Demeter Tactical Investments (ME) Limited is a quantitative investment manager operating from the Abu Dhabi Global Market. The firm manages proprietary, systematic strategies focused on liquid U.S. and international equity markets, applying a price-based investment process informed by Nobel Prize-winning empirical research in financial economics. With a track record spanning more than 13 years, Demeter combines disciplined quantitative portfolio management with an institutional operating platform. For more information www.demeter-funds.ae.

Contact

Loredana Matei
JENSEN MATTHEWS PR
loredana@jensenmatthews.com

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Press Release

CT3 Begins Preparing Its Ecosystem for the Launch of the CT3GB Economy

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London, UK, August 10th, 2026, Chainwire

CT3 has announced the start of comprehensive preparations for the future listing of the CT3GB token. The company has begun scaling its data storage infrastructure, building financial and infrastructure reserves, and preparing its own tokenized economy, in which CT3GB will become the platform’s primary settlement asset. At the same time, the transition to a new data storage architecture based on specialized smart contracts is underway, while an independent audit of the entire core smart contract infrastructure will be conducted ahead of the listing.

Over the past several months, CT3 has significantly expanded the capabilities of its platform. One of the most important milestones was the implementation of automatic backup technology, following which demand for data storage services increased substantially. The growth in data volumes confirmed the platform’s readiness to support continuous data storage scenarios and became a signal to move on to the next stage of ecosystem development.

The company notes that further scaling cannot be considered separately from the platform’s economy. For this reason, preparations for the CT3GB listing began before the token enters the open market.

Transition to an In-House Settlement System

Today, most internal CT3 operations are carried out using the Polygon infrastructure. Following the launch of CT3GB, the company plans to transition all major financial processes within the platform to its own token.

CT3GB will be used to pay for data storage services, settle payments with infrastructure owners, distribute rewards, facilitate internal settlements between network participants, and carry out other operations required for the functioning of the CT3 Cloud ecosystem.

Thus, the token will become not merely an additional means of payment, but a fundamental element of the platform’s economy, facilitating the flow of value between users, storage infrastructure, and CT3 services.

Preparing the Economy Before the Listing

According to CT3, the sustainability of a tokenized economy is determined not by the moment of listing itself, but by the degree to which the infrastructure is prepared to operate after the listing.

That is why the company has already begun expanding its data storage network, increasing available computing capacity, and building reserves that will enable the platform to continue scaling without compromising performance.

Part of this strategy is being implemented through the Storage Contracts program. The company views it not as a separate stage of product development, but as one of the tools for building financial and infrastructure reserves. This approach makes it possible to gradually increase the network’s capacity while maintaining a high level of commercial utilization and, at the same time, creating the resource buffer required for the continued growth of the ecosystem after the listing.

A New Network Architecture

In parallel, CT3 continues to modernize its technology platform.

One of the key areas of development is the segmentation of the storage infrastructure into separate specialized smart contracts. Instead of relying on a single architecture, different products within the ecosystem are gradually being assigned their own contracts with independent capacity limits and resource accounting.

According to the company, this model will enable more efficient platform scaling, improve transparency in infrastructure utilization, and provide greater flexibility for developing new services without affecting products that are already operational.

Independent Audit Before the CT3GB Launch

Another mandatory stage of the preparation process will be an independent audit of the smart contracts.

Before CT3GB enters the public market, the company plans to complete a comprehensive review of the smart contract infrastructure that will support the token and the platform’s key services. The audit will focus on verifying the security of the contracts, the correctness of their business logic, and compliance with industry standards.

CT3 notes that the audit is considered an essential part of preparing for the public launch of the project’s economy and one of the factors that can help strengthen trust among users, partners, and cryptocurrency exchanges.

The Next Stage of CT3’s Development

The preparation for the CT3GB listing is part of CT3’s long-term development strategy aimed at creating a fully autonomous data storage infrastructure with its own economic model.

Once the preparations are complete, CT3GB will become the platform’s primary settlement asset and will be used for all internal operations across the ecosystem. At the same time, the value of the token will be driven not only by market demand but also by its practical utility in the day-to-day operation of CT3 Cloud services.

Infrastructure expansion, reserve creation, the implementation of a new storage architecture, and preparation for an independent audit are all part of a unified strategy designed to ensure that CT3GB launches within an ecosystem that is already prepared for further scaling and growth.

About CT3

CT3 is a technology company developing next-generation decentralized data storage infrastructure. The company’s ecosystem combines a distributed storage network, NFT-based access keys, automatic backup technologies, and a scalable smart contract architecture. CT3 solutions are designed for both individual users and the corporate sector, providing secure long-term data storage, backup, and protection of digital information.

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CMO
Rodrigo Pereira
CT3
contact@ct-3.ltd

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Press Release

SCANDIC TRADE Ultimate 2.6 is now complete – the SNC SCANDIC ECO-System is now fully operational

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Nottingham, United Kingdom, August 10th, 2026, Chainwire

Anyone who tracks digital assets is familiar with the problem: prices here, charts there, wallet transactions in yet another app, and portfolio notes in spreadsheets.

SCANDIC TRADE aims to put an end to this fragmentation. The new platform brings together market monitoring, AI-powered analysis, non-custodial trading (self-custody, trading directly from your own wallet without third-party access), portfolio management and features relating to the SNC SCANDIC COIN within a single, integrated workspace.

The approach is aimed at users who no longer wish to piece together information from numerous separate solutions. Instead of yet another isolated crypto tool, the aim is to create a central interface that clearly maps the journey from initial market monitoring through analysis to wallet-signed transactions. A key principle is upheld throughout: control over digital assets should remain with the user.

From a mix of tools to a personalised market dashboard

The SCANDIC TRADE dashboard combines global market data, trend indicators, top cryptocurrencies, search functions and account-related information. Registered users can personalise their overview: watchlists, portfolio holdings, active alerts, current market analyses and relevant signals are all consolidated within a single interface.

SCANDIC TRADE positions itself not merely as a price list, but as a working environment for structured decision-making. Users should be able to identify more quickly which digital assets are gaining momentum, where increased risks exist and which positions deserve special attention. The aim is not to reduce the market to a single metric, but to organise information in such a way that decisions can be prepared on a more sound basis and better understood later on.

AI market analysis as a research assistant

A key element is the AI-powered crypto market analysis. It evaluates selected digital assets based on live market data, historical price movements, technical indicators, liquidity, supply structure, volatility and the market environment. The results are presented in a standardised format that translates complex data into clearly structured insights.

Depending on the analysis, this may include market sentiment, a trend assessment, 10- and 30-day scenarios, a confidence value, the risk level, key influencing factors and a reasoned assessment. Particularly during volatile market phases, the benefit lies less in a supposedly infallible prediction than in the structured consolidation of relevant information.

SCANDIC TRADE uses a credit system for new calculations and certain premium technical functions. Existing analyses can be reused within defined update windows. This reduces duplicate queries, conserves technical resources and, at the same time, ensures that users can see how up-to-date an analysis is.

Non-custodial trading: your own wallet remains the decisive factor

A second pillar is the module for non-custodial trading and swaps. SCANDIC TRADE supports the preparation of buying and selling processes without centrally holding users’ assets. The platform compiles transaction data, guides users through the individual steps and leaves the final authorisation to the connected wallet.

The range of functions includes the selection of network and token, the use of user-defined contract addresses, slippage settings, the verification of price quotes, ERC-20 approvals and the final transaction signature. Before approval, users can check, amongst other things, the expected amount to be received, the minimum receipt amount, the estimated network fees and the selected route.

SCANDIC TRADE combines ease of use with the principle of self-custody: no final transaction takes place until the user signs it in their own wallet. This separation between preparation and authorisation is a key feature, particularly for users who wish to avoid centralised custody.

Charts, wallet payments and on-chain verification

For in-depth technical analysis, the platform integrates a TradingView chart workspace with symbol search, customisable time intervals, light and dark modes, and full-screen view. This allows price trends, candlestick patterns and market movements to be analysed within a familiar charting environment.

The $SNC SCANDIC COIN is also integrated into this analysis workflow. Exchange- or data-source-specific symbol formats can be resolved in the background, simplifying direct access to SNC charts.

Wallet-based processes are also used when purchasing credits. On-chain payments are verified based on the recipient, amount, network, transaction status and sender requirements before a credit is issued. This reduces the need for manual confirmations and links the use of paid platform features to traceable blockchain data.

SNC SCANDIC COIN as an integral component

For holders of SNC SCANDIC COIN, the so-called ‘Earn’ module consolidates staking functions on the Ethereum mainnet. Among other things, it displays SNC holdings, releases, staked amounts, outstanding staking rewards, the end of any lock-up periods, the current lock-up status, available reward reserves and potential deductions in the event of early withdrawal.

Users can unlock SNC, stake it, claim rewards, withdraw partial amounts or close a position entirely. At the same time, the interface provides information on the network, unlock requirements, lock-up periods, possible extensions and the conditions for early termination.

The coin is therefore not treated as an isolated add-on product, but is integrated into analysis, staking and management processes. This creates a central interface for the SNC ecosystem, where market information and practical use converge.

Portfolio, Alerts and Journal for an up-to-date overview

SCANDIC TRADE complements analysis and transactions with tools for personal organisation. Relevant coins can be saved to the watchlist and monitored using up-to-date market data. The portfolio module records holdings, quantities and average purchase prices, and uses these to calculate current value, invested capital, and realised and unrealised gains.

Alerts can be based on price levels, significant daily movements, changes to AI classifications, risk levels, confidence thresholds or forecast values. The journal provides space for documenting trades, fees, notes, opening and closing times, as well as for later comparison between initial assumptions and actual performance.

These features transform a one-off analysis into an ongoing workflow. Market monitoring, strategy, execution and evaluation thus remain more closely linked.

Technical infrastructure with a focus on availability

According to reports, SCANDIC TRADE was developed by a team of twelve developers over a period of around ten months. The work encompassed product planning, front-end and back-end development, wallet integration, AI analysis, trading and swap functions, staking integration, testing and technical optimisation.

SCANDIC TRADE’s technical foundation comprises no fewer than 10 IBM z17 high-end rack-mounted mainframes for enhanced AI capabilities and PQC cryptography options, as well as its own hyperscale infrastructure with locations in Manama (Bahrain), Kuwait City and Singapore. This environment, representing an investment in the millions, is designed to support the processing of market data, the coordination of analysis workflows, the monitoring of operations and the interlinking of the individual product modules. Organisationally, the platform is integrated into the international structure of the SCANDIC FINANCE GROUP, headquartered in Hong Kong.

To ensure data availability, the platform utilises primary and fallback sources, in-memory caching, the deduplication of similar queries, and persistent caches. Should a primary source be temporarily restricted or provide incomplete data, market pages should not immediately appear empty. The source and current status can be indicated when data does not originate from the primary live feed.

Transparency and responsible use

The platform’s concept includes publicly accessible pages on terms of use, data protection, cookies, risk disclosures, unauthorised use, AI ethics, accessibility and comprehensive compliance. In the crypto sector in particular, this level is more than just a formal addition: it creates a framework for how analysis functions, wallet processes and forecasting models should be interpreted.

AI analyses, alerts and scenarios are information tools. They may be inaccurate, are based on available data and are no substitute for individual assessment or financial advice. Digital assets remain highly volatile and can result in significant losses; this applies to the entire crypto market.

With its currently highly complex user interface and range of features, SCANDIC TRADE could establish itself in the market in the long term, particularly as, according to reports, the scope of functions is set to be significantly expanded. Data quality, technical reliability, transparent security processes and consistently transparent communication will be crucial; in this regard, the substantial investment in IBM’s z17 mainframes is likely to prove a truly ingenious move for SCANDIC TRADE.

However, the product approach meets a clear need: it reduces the need to switch between individual solutions without taking final control of the wallet and transactions out of the user’s hands, which enhances security and, in conjunction with the internationally active KYC partner CRIF, currently constitutes a unique selling point.

The combination of AI-powered market analysis, non-custodial trading, portfolio tools and the integration of the SNC SCANDIC COIN creates a comprehensive system that offers guidance to newcomers as well as a structured working environment for experienced users.

Further information can be found here: https://www.Scandic.Trade

This PR is intended solely for journalistic information and does not constitute investment, financial, legal or tax advice. The editorial team accepts no liability – to the extent permitted by law – for information provided by SCANDIC TRADE or third parties; financial decisions are made solely at the reader’s own risk.

Contact

Peter Wilson
info@NottinghamGuardian.co.uk

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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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