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Babylon Labs Collaborates with Fiamma to Build Trust-Minimized Bitcoin Bridges

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TORTOLA, British Virgin Islands, Jan. 10, 2025 /PRNewswire/ — Fiamma, a pioneer in BitVM2 technology, has secured strategic investment from Babylon Labs to advance the shared vision of a Bitcoin-secured decentralized world. The initiative focuses on developing the software solution for the first Trust-Minimized Bitcoin Bridges to cosmos chains in the ecosystem. These bridges achieve unparalleled security by pioneering the integration of zero-knowledge technology into Bitcoin through the innovative BitVM2 paradigm. This effort aims to unlock the untapped potential of 21M BTC, enabling Bitcoin to transcend its traditional limitations and interact seamlessly with other ecosystems.

This integration is more than just a bridge—it’s a step toward redefining Bitcoin‘s utility and efficiency within the digital economy. By enabling innovative solutions built on Bitcoin‘s inherent strengths, the collaboration sets the stage for breakthroughs that will reshape how Bitcoin is utilized across programmable blockchains and beyond.

Fiamma: BitVM2 Pioneer

In November 2024, Fiamma launched the alpha testnet for Fiamma Bridge, the first BitVM2-powered trust-minimized Bitcoin bridge, along with the devnet for Bitcoin‘s first ZK verification layer utilizing BitVM2. These groundbreaking innovations mark the first implementations of BitVM2, a technology that not only scales Bitcoin but also enables seamless, pragmatically trustless interactions with other programmable blockchains.

Fiamma has pioneered the development and implementation of the most efficient and compact verifiers in Bitcoin Script, including Fflonk and Groth16, setting a new standard for optimized ZK verification. This achievement lays the foundation for future advancements in ZK technology, with a commitment to further innovation and refinement.

Babylon Protocol: The Leading Trustless Bitcoin Staking Solution

Babylon Labs, which develops software solutions enabling new native use cases for Bitcoin, including Bitcoin‘s largest staking protocol with over 57,000 BTC staked through it (equivalent to $6 billion in TVL), is helping transform the perception about Bitcoin‘s utility through this novel trustless staking technology that allows Bitcoin holders to mobilize their BTC to secure other proof-of-stake systems while receiving additional programmatic rewards.

Key Milestones in the Integration

After months of technical discussions and collaboration, the two teams have outlined two key milestones for their integration:

Trust-Minimized Bridge: A transformative solution that activates BTC’s asset potential, providing holders with more options and trustless participation in DeFi, PayFi, and other use cases on any chain without security concerns.Future Innovations Beyond the Bridge: Building on the foundation of the Trust-Minimized Bridge, the integration is designed to pave the way for advanced solutions that enhance Bitcoin‘s utility and capital efficiency, unlocking its role in the broader financial and decentralized landscape.

The integration will initially focus on developing the Trust-Minimized Bridge, combining the strengths of both parties to create high-impact, high-quality solutions that set a new standard for Bitcoin-based interoperability.

Trust-Minimized BTC Bridge

Based on the BitVM2 paper, the definition of “Trust-Minimized” is the existence of one active rational operator and rational challengers.

This means that:

As long as there is 1 honest challenger, the safety of the Bridge is established;As long as there is 1 honest operator, the liveness of the Bridge is established.

Based on this trust assumption, Fiamma and Babylon Labs are working together to research and develop software for a Trust-minimized bridge by ensuring users retain custody of their assets, with the following parameters:

Peg-In (Deposit) Safety:  If the B-BTC is minted on Babylon chain, then the same amount of BTC has been locked on the Bitcoin networkPeg-In Liveness: If the user has locked some amount of BTC on the Bitcoin network following the bridge protocol, then the user can self-mint the same amount of B-BTC on Babylon chain within a finite known time bound.Peg-Out (Withdraw) Safety: If the BTC is unlocked on Bitcoin, then the same amount of B-BTC has been burnt on the Babylon chainPeg-Out Liveness: If the user has burnt some amount of B-BTC on Babylon chain following the bridge protocol, then the user can unlock the same amount of BTC on the Bitcoin network within a finite known time bound.

The system leverages the following key components to ensure the above security properties.

●     Sidechain Modules:On-Chain Bitcoin Light ClientBridge ContractWrapped BTC Contract●     Bitcoin Modules:ZK Light Client Networks (Bitcoin & Sidechain)BitVM2-based Snark Verification on BitcoinBitVM2 Transaction Graph●     Off-Chain Module:Event MonitorRelayer NetworkMulti-OperatorsFungible Liquidity ProviderPermissionless ChallengeProof GenerationProof Aggregation

For detailed information on the bridge’s architecture and security, check out our docs and stay tuned for our upcoming blog series.

About Fiamma

Fiamma is unlocking real-world use cases for Bitcoin, transforming it into a dynamic asset and the foundation for a decentralized internet and financial system. Backed by Lightspeed Faction and L2IV, Fiamma leads innovation with the Fiamma Bridge and Fiamma Layer, the first products to implement BitVM2. These foundational technologies are just the beginning, as Fiamma continues to develop protocols that expand Bitcoin‘s potential across programmable blockchains and real-world applications. With a growing network of strategic partners, including Babylon, BOB, Satlayer, and RiscZero, Fiamma is shaping the future of decentralized systems.

Website | Twitter | Discord | Telegram

About Babylon Labs

Babylon Labs focuses on Bitcoin security-sharing protocols with a vision of building a Bitcoin-secured decentralized world. The latest software development is the world’s first trustless and self-custodial Bitcoin staking protocol, which enables Bitcoin holders to stake their BTC on other decentralized systems such as PoS chains, L2s, Data Availability (DA) layers, etc, enabling stakers to receive staking rewards without the need for third-party custody, bridge solutions, or wrapping services. The greater idea is to combine the high security and wide adoption of Bitcoin with the efficiency and scalability of PoS systems, increasing Bitcoin‘s utility.

For more information about Babylon Labs, a developer of the Babylon Bitcoin staking protocol, please visit:

Website | Twitter | Discord | Linkedin

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BinBase Expands 2026 BIN Dataset with Instant Payout Intelligence for iGaming, Gambling, and Cross-Border Transfers

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BinBase updates its 2026 dataset with specialized Fast Funds, Visa Direct, and Mastercard MoneySend indicators to help iGaming operators and payout platforms execute seamless, instant card disbursements.

MIAMI, July 23, 2026 /PRNewswire-PRWeb/ — BinBase, a global provider of payment routing intelligence and card issuing data, has introduced specialized instant payout indicators as part of its upgraded 2026 BIN Database. Tailored for iGaming operators, online gambling platforms, crypto-to-fiat ramps, and payout aggregators, the updated dataset helps platform engineers streamline real-time card disbursements and Push-to-Card (P2C) transactions.

In high-velocity sectors such as online betting and gaming, instantaneous player payouts are a primary driver of customer retention. However, executing Push-to-Card transactions through protocols like Visa Direct and Mastercard MoneySend requires knowing whether the receiving card issuer supports Fast Funds for specific merchant category codes (MCCs). Attempting instant payouts on non-eligible cards leads to declined transactions, elevated processing fees, and poor user experiences.

The 2026 BinBase release solves this operational bottleneck by delivering dedicated attributes for real-time fund disbursements:

Fast Funds Eligibility: Granular indicators identifying domestic and cross-border Fast Funds support across global Visa and Mastercard ranges.Online Gambling Fast Funds (OG FF): Dedicated flags specifically identifying card ranges authorized to receive real-time gambling and betting payouts.Mastercard MoneySend & Visa Direct Indicators: Precise protocol compatibility markers (MS Ind & MT Ind) ensuring push transactions are routed only to eligible recipient cards.Direct Debit & Pull-Funds Support: Indicators for recurring collections and account-funding transactions.

“Player payouts in iGaming cannot wait for standard 2-to-3-day ACH settlements,” said a spokesperson for Damiko Inc. “By embedding our Fast Funds and Gambling FF flags into their payment engines, operators can instantly validate recipient cards before initiating a transfer, guaranteeing high success rates and instant liquidity for their users.”

Fintech engineers and payout architects can examine the full 29-field database schema and access a free 2026 sample dataset on GitHub.

To explore commercial licensing, bulk database downloads, or custom data feeds, visit BinBase at https://binbase.com.

About Damiko Inc

Damiko Inc is a US-based fintech data provider specializing in card issuer analytics, payment routing data, and global BIN database solutions. Operating through its flagship product, BinBase.com, the company supplies high-precision transaction intelligence to help merchants and payment facilitators worldwide optimize approval rates and mitigate processing fees.

Media Contact
Fedor Lavrikoff, BinBase, 1 7866133334, sales@binbase.com, www.binbase.com 

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Walnut Coding’s Young Coders Serve as ‘Instructors’ at Huawei Cloud Developer Training Camp

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Ages 8 and 15, students showcase AI-era project-building skills from concept to working application

BEIJING, July 23, 2026 /PRNewswire/ — Walnut Coding (the “Company”), a leading online platform for youth coding education, said two of its students – ages 8 and 15 – have joined the “instructor” lineup at Huawei Cloud Developer Training Camp, making them among the youngest “instructors” in the program’s history. The Company cites the pair as a prime example of how young learners can combine coding fundamentals with AI tools to turn ideas into working applications.

The two students, Bolin Du, 8, and Peiqi Gao, 15, built working applications using Huawei Cloud CodeArts, an AI coding assistant, then presented the projects to the training camp themselves – walking the audience through their design choices, technical builds, and debugging process.

The move lands at a moment when AI coding tools are forcing a rethink across the education sector. Tools that can generate functioning code from a plain-language prompt have undercut the traditional argument for teaching children to program – that they need the skill to build things themselves. Walnut Coding’s answer is that the more valuable skill now is judgment – knowing what problem to solve, breaking it into parts, and determining whether an AI’s output actually works.

Gao built a travel-planning application that generates routes, itineraries, and recommendations based on user input, handling the project end to end, from requirements and design through coding and debugging. Du, the younger of the two, built an interactive calendar application, using HTML for page structure, CSS for visual design, and JavaScript for interactive features. Both students then took on an instructor’s role at the camp, presenting their project goals and technical implementation to the audience – a step Walnut Coding says separated the work from a typical classroom assignment.

These were not classroom exercises but working projects, built and presented inside a professional developer-training environment. The experience demanded more from both students than simply producing something functional – they needed to articulate their reasoning, defend technical choices, and refine the final result under scrutiny. Their participation signals a broader shift underway in what youth coding education can deliver.

AI is making code generation easier, but it is also redrawing which skills actually matter. A student who relies only on one-click generation may get a rough prototype quickly, but still struggle to spot logical flaws, judge whether the output is reliable, or turn an abstract idea into a product that actually works. Students with programming foundations, by contrast, are better positioned to define requirements, evaluate what the AI produces, correct its errors, and treat the technology as a tool rather than a shortcut to lean on.

“AI can help children generate code faster, but it cannot decide for them what problem they should solve, nor can it make the final judgment about whether the result is truly effective,” said Pengxuan Zeng, founder and CEO of Walnut Coding. “What these two students demonstrated is not just coding technique, but the ability to define needs, break down tasks, verify outcomes, and turn an idea into a working product. That is why we believe young people still need to learn programming in the AI era.”

Walnut Coding structures its courses around that thesis, pairing student-led project work with teaching-assistant guidance and AI-assisted support. According to the Company, this data is continuously fed back into its systems to refine the personalization of AI-assisted feedback — a closed-loop process linking teaching, practice, feedback, and curriculum development.

The Company frames the payoffs less around producing professional software engineers than around a broader form of literacy. As AI continues to reshape how tasks get done, the ability to understand the technology, structure problems clearly and collaborate effectively with intelligent tools may prove one of the most durable skills a young learner can develop.

Walnut Coding says it plans to keep expanding opportunities for students to build practical projects, partner with industry technology platforms such as Huawei Cloud, and develop the core capabilities needed to build with technology in the AI era.

View original content:https://www.prnewswire.com/news-releases/walnut-codings-young-coders-serve-as-instructors-at-huawei-cloud-developer-training-camp-302833884.html

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MOREH Showcases High-Performance LLM Inference on AMD GPUs at AMD Advancing AI 2026

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SAN FRANCISCO, July 23, 2026 /PRNewswire/ — Moreh, an AI infrastructure software company, led by CEO Gangwon Jo, participated in AMD Advancing AI 2026, AMD’s flagship annual AI event held in San Francisco on July 22–23 (local time), where it demonstrated its distributed inference solution, the MoAI Inference Framework, running on AMD GPUs.

At the event, Moreh presented a live demonstration of the GLM-5.1 large language model (LLM) powered by the MoAI Inference Framework on a system equipped with 32 AMD Instinct™ MI300X GPUs across four nodes. Visitors experienced the chatbot firsthand, evaluating its response speed and service quality while observing performance across a range of real-world use cases.

Unlike conventional demonstrations that simply run an AI model, Moreh’s showcase displayed key inference service metrics in real time, including GPU utilization, Tokens Per Second (TPS), Time To First Token (TTFT), and Time Per Output Token (TPOT). This enabled attendees to directly verify both inference performance and GPU resource efficiency in a production-like service environment.

Global AI industry leaders and enterprise customers attending the event expressed strong interest in the system’s fast response times and stable performance. In particular, the live deployment of the computationally demanding GLM-5.1 model on AMD GPUs at production-grade service levels received positive feedback from visitors.

Moreh’s MoAI Inference Framework is widely recognized as the world’s first commercially deployed distributed inference solution built for the AMD ecosystem. Its distributed inference and heterogeneous computing technologies are designed to dramatically reduce AI service costs, enabling broader adoption of AI worldwide. The technology addresses one of the industry’s biggest challenges-the rapidly rising infrastructure and service costs caused by increasingly larger AI models-by delivering a more efficient inference infrastructure.

Moreh CEO Gangwon Jo stated, “This event provided an opportunity for global customers to verify firsthand that top-tier inference performance can be achieved on AMD GPU environments,” and added “We will continue advancing our AI infrastructure software so enterprises can operate AI services as efficiently as possible, regardless of the underlying GPU platform.”

Moreh develops its own AI infrastructure engine and has expanded its end-to-end AI capabilities through its foundation LLM subsidiary, Motif Technologies, covering both AI infrastructure and foundation models. The company is also strengthening its presence in the global AI market through strategic partnerships with leading technology companies, including AMD and Tenstorrent.

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