Latest news with #Stacks
Irish Examiner
08-06-2025
- Sport
- Irish Examiner
Kerry SFL: Austin Stacks and Kerins O'Rahillys clash to decide title
This year's Kerry County League Division 1 title will be decided when Austin Stacks and Kerins O'Rahillys clash in the second last round at Connolly Park. Both sides are locked at top of the table on fifteen points each. It looks like a winner takes all game as both will be playing teams positioned towards the foot of the table in their final match. Stacks travelled to Beaufort who are battling relegation and emerged victorious 1-20 to 1-16. It was level after the opening quarter at 0-5 each. Fergal Hallissey was accurate from placed balls for the home side while Ferdia O'Brien (2), Brendan O'Sullivan and Sean Quilter had scored for Stacks. The Tralee side stretched 0-11 to 0-17 clear by the 25th minute thanks to two Ryan O'Driscoll points from play, and a two-point free and a close-in free from Quilter. They looked in control. But Beaufort, thanks to a Hallissey free and a goal from Ger Hartnett, saw the sides retire 1-9 to 0-12 at the interval and it was all to play for. Stacks were two clear by the 40th minute thanks to two Joe Reidy points, 0-15 to 1-10, when disaster struck for Beaufort when Sean Coffey, now playing outfield, picked up a yellow card following a clash with Ryan O'Driscoll. He then received a black and Beaufort were reduced to 14 players. But Beaufort refused to throw in the towel and Liam Carey fired over a two-pointer to level the contest 1-14 to 0-17 in the 59th minute. But Stacks finished the stronger with a Ferdia O'Brien goal and a point, and a point each from Ryan O'Driscoll and Joe Reidy. Stacks escaped to victory despite a late Fergal Hallissey two-pointer which brought his total to 0-9. Kerins O'Rahilly's had things far easier against a depleted Rathmore who were not only missing their county players but also those gone to the US. The Tralee club won as they liked on 6-15 to 2-10. O'Rahillys led 4-4 to 1-5 at half-time thanks to a brace of goals each from Conor Hayes and Darragh O'Connor despite an Alan Dineen goal from play for Rathmore. Ciaran Collins was waging a one-man battle for Rathmore but early second half two-pointers from O'Connor and Tom Hoare removed all doubt while O'Connor completed his hat-trick as the Tralee side moved 5-11 to 1-7 clear by the 46th minute. O'Rahillys cruised to a 17-point win. Glenflesk travelled to Glenbeigh to play the locals and they beat them 1-21 to 1-10 with a power-packed second half. This result means that Glenbeigh/Glencar are relegated but they fought hard in the opening half and trailed 1-10 to 1-6 with Callum Cronin and the Roche brothers Darragh and Dylan on the scoresheet. Glenbeigh could only manage four points in the second half while Tommy Bowler kicked three two-pointers and Darragh Roche continued to find the target. Glenflesk move to 10 points in fifth spot. In a relegation four-pointer, Laune Rangers managed to beat Ballymacelligott 2-16 to 1-14 but neither side are safe with Ballymac needing a miracle to stay up as they play Legion and Crokes, along with Beaufort, in their final games. There was nothing in the game at the interval with Rangers leading 1-7 to 0-9. A John Tyther goal from a penalty was the difference at the break with Niall Collins, Aidan Breen and a two-pointer from Donal Daly keeping Ballymac in touch. A point each from Eoin and Darragh Clifford and a two-pointer from Tyther pushed Rangers four clear but a Jack Joy two-pointer offered Ballymac hope. But then once Daire Cleary struck for a Rangers goal, they always controlled the game. Dr Crokes, who will probably have to settle for third place this year, won the Killarney derby by a point, beating Killarney Legion 1-11 to 0-13 with David Shaw kicking some fine second half scores. Crokes led by the minimum at half time, 1-6 to 0-8. Brian Looney, who lined out at midfield for Dr Crokes, kicked two points including the final score of the game. Kilcummin beat Spa 1-21 to 2-11 and that means Spa are still not safe. Philip O'Leary got the all important goal for the winners.
Associated Press
07-06-2025
- Business
- Associated Press
TakeOver Successfully Hosts Second Annual BitGala Celebrating Bitcoin in Las Vegas
LAS VEGAS, NV, May 26, 2025 - TakeOver , Magic Eden , Spark , and Stacks successfully hosted their second annual BitGala on May 26th at the Wynn in Las Vegas. The celebration brought together over 200 Bitcoin industry leaders and community members for an evening dedicated to celebrating Bitcoin. The BitGala was designed as a curated gathering focused on inspiring continued development, education, and adoption while reflecting on the strides Bitcoin has made toward a future of open, decentralized money. The event successfully brought together key leaders, creating meaningful opportunities for collaboration and strategic partnerships within the Bitcoin space. 'BitGala celebrates our partnership with Spark, marketing a major leap forward for Bitcoin DeFi,' said Elizabeth Olson, Head of Marketing for Bitcoin at Magic Eden. ' As the #1 Bitcoin app, Magic Eden has spent the past few years pushing Bitcoin L1 to its limits, always with the goal of making Bitcoin more usable, fast, and fun without compromising its core ethos. We believe Spark has the potential to unlock a new era of building on Bitcoin, and we're thrilled to be leading that charge together.' 'The BitGala was a stunning celebration of Bitcoin culture where luxury meets the cypherpunk spirit. We're proving that Bitcoin isn't just a protocol, it's a movement connecting freedom-minded people from art, fashion, finance, and more. To us, it was a pure signal that people are starting to see what Stacks has been building all along: a future where Bitcoin isn't just held, but used for apps, defi, and real ownership.' - Rena Shah, COO of Stacks. Set against the backdrop of the Sphere, the evening brought together innovators, investors, and community leaders for a night dedicated to celebrating Bitcoin's growth and the people driving its future. The program opened with a welcome reception, followed by gourmet hors d'oeuvres and vibrant conversations. A keynote and honors segment recognized those making meaningful strides in Bitcoin adoption and development. Guests were then invited to explore a premium tequila tasting experience curated by Reach, and indulge in interactive gourmet chef stations. 'Our team has been fortunate to be part of the Bitcoin community since 2016, so we're thrilled to see all the progress on display almost 10 years later at Bitcoin 2025. The energy in the room at BitGala was electric—from conversations sparking new partnerships to shared reflections on what's next for Bitcoin—it was a powerful reminder of why we're all here: to build an open, decentralized financial system that empowers everyone.' noted Kelley Weaver, Founder and CEO, Melrose PR and Founder, Bitwire. This unforgettable gathering—hosted in partnership with leading organizations including Magic Eden, Spark, and Stacks—was more than a celebration. It was a call to continue pushing forward innovation, education, and adoption in the Bitcoin ecosystem. BitGala was made possible through the generous support of key sponsors and partners who share Takeover's commitment to fostering connections in the web3 space. 'We're focused on making Bitcoin more useful for everyone, and events like this remind us that we're not alone in that mission. It was inspiring to connect with others who share the vision of a more open, decentralized financial future powered by Bitcoin.' - Spark Team Presenting Sponsors: Supporting Partners: The collaborative support from these organizations was instrumental in delivering a memorable event for all attendees. Actor and comedian T.J. Miller was also a speaker at the event: 'The bitcoin conference 2025 was incredible for so many reasons. It was such a joyful journey to be with so many like-minded people (all of whom have been laughed at) who share the same values: freedom, community, hope, and getting rich- the highpoint was the BitGala. I bought incredibly large expensive shoes for the specific purpose of showing up to the gala non-verbally saying bitcoin destroying Fiat, well that's big shoes to fill… and we'll fill 'em. I can't wait to return next year. I will wear more orange.' About TakeOver TakeOver is the experiential agency at the forefront of culture and innovation in the crypto space, known for curating powerful moments that educate, connect, and inspire. With a global Bitcoin Dinner Series and their annual flagship event, BitGala, they've become a cornerstone of community-building in Web3. Last year, they made headlines with a dramatic takeover of Nashville's Parthenon—setting the bar for what crypto gatherings can be. About Magic Eden Magic Eden is the easiest platform to trade all digital assets onchain. As the #1 Bitcoin app and largest NFT marketplace, we provide a seamless trading experience to everyone. Magic Eden's acquisition of Slingshot has expanded their capabilities to offer frictionless trading of over 5,000,000 tokens across all major chains. Magic Eden's expanded product suite includes a cross-chain wallet, powerful trading tools, and the ability to mint, collect, and seamlessly trade NFTs and tokens.
Associated Press
04-06-2025
- Business
- Associated Press
Stacks to be Showcased at Blockchain and Digital Assets Virtual Investor Conference on June 5th
NEW YORK, June 04, 2025 (GLOBE NEWSWIRE) -- Stacks (STX), the leading Bitcoin Layer-2 (L2), which is dedicated to unlocking and scaling Bitcoin's full potential, will be represented at the upcoming Blockchain and Digital Assets Virtual Investor Conference hosted by on June 5th, 2025. Kyle Ellicott, Executive Director at the Stacks Asia Foundation, is scheduled to present live at the event. Stacks enables both retail and institutional users and investors to seamlessly participate in the Bitcoin economy. Event Details This will be a live, interactive online event where investors are invited to ask the company questions in real-time. If attendees are not able to join the event live on the day of the conference, an archived webcast will also be made available after the event. It is recommended that online investors pre-register and run the online system check to expedite participation and receive event updates. Date: June 5, 2025 Time: 11:00 AM ET Link: REGISTER HERE Kyle Ellicott will be available for 1x1 meetings with investors on June 5th & 10th. Learn more about the event at Recent Stacks Highlights About Stacks Stacks is the leading Bitcoin Layer 2 (L2) and the top L2 by developer traction, user activity, and market capitalization. Stacks is unlocking over $1 trillion in passive Bitcoin capital and making BTC a fully programmable, productive asset. Stacks enables smart contracts and decentralized applications to leverage Bitcoin as a secure, programmable foundation. With the Nakamoto upgrade activated in October 2024, Stacks achieved near-instant transactions, while retaining the security and irreversibility of Bitcoin L1. The launch of sBTC in December 2024 opened the door for developers and users to use native BTC in smart contracts, DeFi, and other Bitcoin-secured applications, including paying gas fees with BTC. The Stacks (STX) token was the first to undergo an SEC-qualified sale in the United States, and the project fully decentralized before the mainnet launch in 2021. About Virtual Investor Conferences® Virtual Investor Conferences (VIC) is the leading proprietary investor conference series that provides an interactive forum for publicly traded companies to seamlessly present directly to investors. Providing a real-time investor engagement solution, VIC is specifically designed to offer companies more efficient investor access. Replicating the components of an on-site investor conference, VIC offers companies enhanced capabilities to connect with investors, schedule targeted one-on-one meetings and enhance their presentations with dynamic video content. Accelerating the next level of investor engagement, Virtual Investor Conferences delivers leading investor communications to a global network of retail and institutional investors. CONTACTS: Virtual Investor Conferences John M. Viglotti SVP Corporate Services, Investor Access OTC Markets Group (212) 220-2221 [email protected]
Yahoo
30-05-2025
- Business
- Yahoo
How Stacks is looking to power a second wave of Bitcoin DeFi
How Stacks is looking to power a second wave of Bitcoin DeFi originally appeared on TheStreet. While the crypto world continues to watch publicly traded companies build their own Bitcoin treasuries, builders in the Stacks ecosystem are quietly preparing to scale ways for more people to earn yield on their Bitcoin via their Layer-2. A new draft proposal — SIP-031, titled Fueling Stacks Builders & Growth — marks the next step in a long-term plan to turn Bitcoin into more than just digital gold, according to co-founder Muneeb Ali. "I think the analogy would be that if Bitcoin is sort of like a highway and it's congested, Stacks is like a more modern highway right next to it where you can pay a small toll and use it," Ali said about the ecosystem's efforts to expand Bitcoin's usage. "And I feel like now, projects are reaching that level of maturity — that it's not just initial experimentation, it's not just building the thing, but it's actually maturing to real usage and then generating protocol revenue and then figuring out what happens with the protocol revenue." The new Stacks proposal seeks to answer that, by establishing a Stacks Endowment that will be fueled in-part by higher emissions over the next five years, raising from 3.52% to an average of 5.75% per year. As the proposal highlights, Stacks is somewhat unique in how it has operated with less firepower than other top-50 projects in crypto after raising about $80 million six years ago. It's also unique in that Stacks was born out of one of the few U.S. Securities and Exchange Commission (SEC) qualified offerings in the space. (Despite that, the SEC still opened a probe into Stacks and later closed it in 2024.) Now, Ali says Stacks is looking to accelerate its unique positioning under new leadership at the SEC. "Stacks is all about making Bitcoin productive, so people are bringing their Bitcoin into the into the L2 and they're using it either for payments or in DeFi or lending, whatever they want to do. But as more Bitcoin capital comes in and gets used on the network, there are very clear value accrual models where value accrues back to STX," he said. "And I think we can be much more explicit about it now ... we feel more comfortable because the ecosystem is so decentralized. The SEC already looked into the project for three years and gave a letter saying, you know, you guys are all clear." One of the clearest use cases to come from Stacks' early efforts has been the advent of their challenger to centralized custodians expanding Bitcoin to other blockchains. Rather than offering wrapped Bitcoin that may be operated by centralized players like BitGo or others, Stacks' sBTC has sought to offer a more decentralized alternative by tokenizing Bitcoin and bringing it to other blockchains like Solana and Sui. After launching in December with a 1,000 sBTC cap, the project expanded a few months later to a 3,000 sBTC cap — which it hit just 24 hours later. After raising the cap again this month, total sBTC surpassed 5,000 may soon be showing up in more places. 'We want to take Bitcoin to where the users are ... and open almost like this two-way street. That helps them discover Stacks. That helps them discover Bitcoin DeFi," Ali said. Behind it all is a simple yet powerful bet: Bitcoin can do more. And with regulatory attitudes shifting and protocol maturity setting in, Ali believes Stacks is finally in a position to show how. 'We want to be the most trust-minimized way for people to keep their Bitcoin in a programable environment where they can actually earn yields ... [and] deploy easily in applications and so on,' he said. After a community comment period, SIP-031 will be voted on by the Stacks community and could very well help to accelerate progress. How Stacks is looking to power a second wave of Bitcoin DeFi first appeared on TheStreet on May 30, 2025 This story was originally reported by TheStreet on May 30, 2025, where it first appeared. Fehler beim Abrufen der Daten Melden Sie sich an, um Ihr Portfolio aufzurufen. Fehler beim Abrufen der Daten Fehler beim Abrufen der Daten Fehler beim Abrufen der Daten Fehler beim Abrufen der Daten
The Print
30-05-2025
- Business
- The Print
Why is Pakistan going all out on crypto? There's a Donald Trump angle
Crypto is already widely popular in Pakistan, with around 20 million users —far more than the 420,000 people who invest in the capital market—placing the country among the global top 10 for crypto trading. In a surprising move, in late April, Pakistan partnered with World Liberty Financial (WLF), a company linked to the US President Donald Trump's family. WLF has promised to help Pakistan develop blockchain tools, tokenise assets, and provide crypto industry guidance. However, details of the deal remain vague. New Delhi: As its economy remains in shambles and ever dependent on IMF bailouts, a desperate Pakistan is trying hard to find a new window of growth. And this new life line is coming in the form of cryptocurrency and a company that has links to US President Donald Trump. In February 2025, the government formed a Crypto Council, and on Tuesday, it upgraded this into a full regulatory body called the Pakistan Digital Asset Authority. This new authority will oversee and regulate digital assets like crypto and blockchain-based technologies. The government now aims to regulate and tax the sector, attract foreign investment, and legitimise the ecosystem through the newly formed Pakistan Digital Asset Authority (PDAA), led by Bilal Bin Saqib—a Forbes 30 Under 30 and MBE awardee. Pakistani-British entrepreneur Saqib's appointment signals Pakistan's push to align with global trends. With global crypto exchange platforms like Binance and Stacks showing interest, Pakistan is also allocating power for data centres to support crypto mining and AI. Saqib is tasked with creating a FATF-compliant crypto framework, launching Bitcoin mining, regulating it, and integrating blockchain into governance and finance. However, questions are being raised about policymaking and governmental control. Hussain Nadeem, a policy strategist and Pakistani AI expert, posed a few questions to Bilal Bin Saqib, who earlier headed the Pakistan Crypto Council and will now lead the PDAA. In a long post on X, he asked if there was a white paper on crypto advancement in Pakistan, how much of governmental/army control there would be and whether there were public discussions on policymaking in crypto post the tie-up with Trump's company. Nadeem's questions point toward larger policy hiccups. Industry experts, however, are confident of the prospects of crypto in Pakistan. 'The founders of WLFI recently visited Pakistan and expressed strong interest in supporting our crypto ecosystem. With their stablecoin valued at over $2 billion, WLFI is a significant global player. While the details of our collaboration will be announced soon, possibly at the upcoming Bitcoin Vegas Conference, their visit alone signals growing international confidence in Pakistan's crypto ambitions,' Ali Farid Khwaja, chairman at KTrade Securities and a domain expert, told ThePrint. Geopolitical concerns There are also geopolitical implications. An article from The Economist's May edition pointed out that many in India interpreted the US-Pakistan crypto deal as Pakistan's way to win Trump's favour, which perhaps even led to Trump declaring the ceasefire. In late April, Texas-based logistics firm Fr8Tech made headlines by pledging up to $20 million to buy $TRUMP, a cryptocurrency launched by Donald Trump. The firm, linked to World Liberty Finance, also promised to help Pakistan develop blockchain products and provide crypto industry advice—raising eyebrows globally. Meanwhile, the Trump family's deep ties to crypto via promotion, regulation, and investor perks like exclusive dinners are drawing the industry into US politics. While this gives crypto unprecedented visibility, critics in The Economist article, warn that its association with a partisan figure could ultimately harm its broader legitimacy. Nadeem too, in his criticism, compared the new crypto push to the Pakistan Army's involvement in Special Investment Facilitation Council, which is a federal body under the Pakistan government but one that is effectively run by the Pakistan military, including 36 active military officers. Established in 2023, under Prime Minister Shehbaz Sharif, SIFC aims to increase foreign investment and ease business but heavy military presence in the council has sparked concerns over civilian-military power balance. Calling it a 'great disservice to the country', Nadeem said 'Crypto is the new SIFC' 'The way this regime is approaching Crypto, it has unfortunately become a new con that has politics, not public good, as an end goal…. The regime has only ONE interest in Crypto: Access to the Trump White House, and sadly this hype is all about that, nothing more,' he wrote on X. Even Indian analysts are issuing words of caution. Pakistan's growing crypto adoption highlights a significant shift in the region's digital strategy—one India should closely monitor given the potential geopolitical and economic impacts, distinguished fellow at the Council on Strategic and Defence Research, C Raja Mohan, wrote in a recent column for The Indian Express. Khwaja, however, is hopeful for crypto's prospects in Pakistan and is not worried about governmental control overriding the positive impacts. Since the Crypto Council was announced just three months ago, Pakistan has attracted significant attention from some of the top names in the crypto industry. Binance, World Liberty Finance, crypto billionaire Justin Sun, and Stacks, a New York-based token with a $2 billion market cap, have all publicly announced engagements with Pakistan, he said. 'This surge of inbound interest from major global players is driving investment and prompting the government to actively facilitate regulations, aiming to position Pakistan as both a regional and global leader in crypto,' Khwaja said. He also added that, unlike before, when interest was often met with scepticism, the government is embracing these opportunities. 'It's not about trying to force development; companies are coming forward saying, 'We want to invest,' and Pakistan is responding. Similarly, in the US, President Trump has expressed a strong desire for the country to lead globally in this space, reflecting how quickly things are evolving worldwide,' he added. (Edited by Theres Sudeep)
