Posts

Showing posts from August, 2026

YZi Labs Backs TermMax to Advance On-Chain Bond Market Infrastructure

Image
Singapore, Singapore, August 27th, 2026, Chainwire TermMax , a fixed-rate lending protocol built by Term Structure Labs, announced on August 26 that it has received a strategic investment from YZi Labs . Terms were not disclosed. TermMax was selected for YZi Labs’ EASY Residency Season 3 and has raised more than $8 million to date. Its earlier backers include Cumberland DRW — which led the 2023 seed round — HashKey Capital, Decima Fund, Longling Capital and MZ Web3 Fund. The protocol has been live on mainnet since April 2025 and now runs across 10 EVM-compatible chains, with 60 fixed-rate markets, 40 strategy vaults, tens of millions of dollars in total value locked and more than 1.5 million registered wallets. Keyrock, Hardcore Labs, Edge Capital and Origami serve as Curators, managing strategy vaults on the protocol. The $TMX token completed its TGE on August 25. The investor’s own public position points to the gap this investment is meant to fill. In an August...

Utorg launches Utapp crypto wallet and card for iOS users, expanding its consumer product ecosystem

Image
Abu Dhabi, United Arab Emirates, August 21, 2026 Utapp brings Utorg’s self-custodial wallet and crypto card experience to iOS in a new product environment built for the company’s next stage of consumer growth. The app gives users one place to buy, hold, send, swap and spend crypto, while creating the foundation for new wallet, card and payment features planned for release in the coming months. The iOS launch equally introduces gasless crypto swaps alongside core wallet and card functionality. Utorg will use Utapp as the consumer home for future product releases as it expands its app experience beyond the current wallet and card offering. Users can already download Utapp on the App store . Existing iPhone users can restore access to their wallets and cards in Utapp in a few steps using their recovery phrase. Utorg will email a detailed guide to affected users. The change applies only to iOS. Android users can continue using the app as before. “Utapp is not a ...

Zebec Introduces “Earn on Pay” Capability with Solstice’s USX

Image
Dubai, United Arab Emirates, August 13th, 2026, Chainwire Zebec Network , a leading onchain payroll and payments platform, today announced a partnership with Solstice Finance, an institutional yield protocol on Solana, to introduce USX across its payroll ecosystem, enabling enterprises to earn rewards on prefunded payroll balances for the first time through onchain dollar infrastructure.  The integration brings USX into Zebec’s $500 million annual payroll network, introducing a reward-bearing dollar layer across enterprise payroll flows. It also allows globally distributed employees and contractors paid through Zebec to receive USX straight to a debit card, spendable in the real world or withdrawable to a wallet on demand.  The shift sits at the treasury level. This means that when enterprises top up payroll balances onchain, those funds usually sit idle until payout day, essentially earning nothing while waiting to be disbursed. Through this integration, prefunded balan...