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Vaulta and Virgo Announce Strategic Partnership for VirgoPay Cross-Border Payments Solution

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1 year ago

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The VirgoPay cross-border remittance network, launching in May, will combine traditional fiat currency transfers and innovative stablecoin solutions, with Vaulta acting as the network’s default settlement layer

VANCOUVER, BC, April 4, 2025 /PRNewswire/ — Vaulta, a scalable operating system that powers Web3 Banking with fast, low-cost transactions and seamless blockchain connectivity, today announced a strategic partnership with VirgoCX Global Holdings (Herein Virgo), a leading global comprehensive digital asset service provider, to launch VirgoPay, a dedicated cross-border remittance network that uses stablecoins to both reduce transfer fees and decrease transfer times for international wire transfers and payments.

The partnership will make Vaulta the default transaction and settlement layer for VirgoPay, which is set to launch in May, and become a critical part of Vaulta’s Web3 Banking vision. VirgoPay will benefit from the near instant finality of the Vaulta blockchain, ensuring the security, speed, and reliability of the payment network surpasses that of more traditional payment rail experiences.

“In addition to being very costly and slow, cross-border payments have always relied on access to traditional banks or financial institutions, which often isn’t an option in areas that lack that necessary and widely available infrastructure,” said Yves La Rose, founder and CEO of Vaulta Foundation. “Virgo is tackling this problem head on by leveraging the power of stablecoins, while also acting as the first true proof-of-concept for our chain’s new focus around the evolution of finance. The VirgoPay network stands as the first testament to the Vaulta Banking OS framework our team has perfected over years of iterations, and is step one in realizing our vision for Web3 Banking.”

The VirgoPay service will allow users to add funds using traditional local payment rails (E.g. bank transfers, e-transfers and card processing) or directly from a crypto wallet, and allows users to select from a range of fiat currencies. Once initialized, users can track the status of their payment in real time, with recipients able to access funds using their preferred currency once the transaction is complete.

This approach is designed to reduce cross-border transaction fees by up to 70%, while also allowing for transactions to occur in minutes as opposed to several days with traditional remittance services. Additionally, leveraging stablecoins provides users with protection against fluctuations in local currency value alongside additional security and transparency afforded by the use of blockchain technology.

Adam Cai, CEO of Virgo commented, “Vaulta’s vision about Web3 Banking is aligned very well with Virgo’s vision ‘make crypto great for all’. Leveraging stablecoins for payments is going to be the first killer application for DLT. VirgoPay is thrilled to partner with Vaulta to achieve its’ global mission to make money flow freely and easily.”

The first phase of the VirgoPay launch will establish connections across a number of global financial hubs, including U.S., Hong Kong, Canada, Argentina, Brazil and Australia. Phase 2 will expand the VirgoPay network into other countries in South America , South east asia, and the Middle East, seeking to capitalize on the growing remittance market that is projected to reach over $1 Trillion by 2029.

Virgo, the experienced digital asset solutions expert behind VirgoPay, stands as one of the premiere crypto service providers in Canada with fast-growing presence in the United States and Australia. It has processed over $2.5 billion CAD in transactions across all business lines. For 2025, it expects to process an annual record of CAD$ 3.5 billion in transactions, signaling exponential growth and additional mainstream adoption of crypto from its global user bases.

In addition to using Vaulta’s layer one chain as the default settlement layer for transactions, the partnership will also provide the chain’s users with direct access to easy and seamless cross-border payments through VirgoPay. The Vaulta team, which recently rebranded from EOS Network, plans to integrate additional features and financial services through a host of strategic partnerships to be announced in the near future.

Additional details regarding the official launch date of VirgoPay, as well as how the product will directly integrate with Vaulta’s Banking OS, will be announced in the coming weeks.

About Vaulta
Vaulta is a highly scalable, high-performance Banking Operating System designed to empower developers and enterprises with unmatched speed, reliability, and flexibility. As a gateway to the Bitcoin ecosystem and a pioneer in decentralized data management through RAM markets, Vaulta is redefining financial infrastructure by bridging Web3 banking with institutional-grade performance. Built on a dynamic and flexible infrastructure, Vaulta enables customizable virtual environments, like Vaulta EVM and exSat, to deliver full data availability and seamless inter-blockchain communication. With zero downtime, instant finality, and one of the lowest transaction costs in the market, Vaulta will unlock the next financial frontier – Web3 Banking.

About Virgo
Virgo is a global comprehensive digital asset solutions provider which owns and operates multiple OTC desks and retail trading services in APAC and North America, as well as a fully regulated Canadian digital Asset management firm. Virgo’s mission is to bridge the gap between digital currencies and traditional finance services with a full suite of innovative products and client-first services targeting financial institutions, high net-worth individuals, retail users and family offices.

Media Contact
vaulta@mgroupsc.com 

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BC Token Hits $0.02, Setting a New All-Time High

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40 minutes ago

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July 23, 2026

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$BC has risen nearly 70% since April as BC Engine continues to expand the token‘s utility across the BC.GAME ecosystem

BELIZE CITY, Belize, July 22, 2026 /PRNewswire/ — BC Token ($BC), the ecosystem token of BC.GAME, reached $0.02 on July 23, setting a new all-time high and extending its recent upward price movement.

According to CoinGecko, $BC reached the $0.02 milestone after moving steadily into a higher price range over the past several weeks. The token previously recorded a high of around $0.01561 on July 17 before continuing its upward movement.

Compared with its price of approximately $0.01181 on April 12, $BC has increased by nearly 70%. The latest milestone is also part of a series of new price records reached by the token since the launch of BC Engine in April.

Alongside the price growth, BC.GAME has continued to expand the practical use of $BC across its platform ecosystem.

Through BC Engine, users can allocate eligible $BC to the platform’s reward system and receive BCD rewards distributed on an hourly basis. Users can also view their allocated tokens, accumulated rewards and participation data directly through the BC Engine interface.

The system is designed to connect $BC participation with activity generated by products and partners across the wider BC.GAME ecosystem.

BC Originals, Croco Gaming and sports betting technology provider BETBY have already been integrated as Engine Nodes. Contributions from participating products and partners help support the BC Engine reward pool, creating a direct connection between platform activity, user participation and token utility.

“Reaching $0.02 is an important milestone for $BC, but price is only one part of the ecosystem’s continued development,” a BC.GAME spokesperson said. “Our focus remains on expanding the token‘s practical uses and connecting it more closely with products, rewards and user participation across the platform.”

The $BC ecosystem also includes separate buyback and token-burning mechanisms.

A portion of the tokens acquired through BC.GAME’s ongoing buyback activity may be redistributed to eligible active users through features such as Instant Bonus. The buyback programme operates separately from the token-burning mechanism.

Token burning is primarily connected to the BC Engine unlocking process. When users unlock $BC less than seven days after allocating it to BC Engine, 1% of the unlocked amount is permanently burned. Users who wait at least seven days can unlock the full amount without triggering a burn.

BC.GAME plans to introduce additional products and Engine Nodes while continuing to improve the visibility of reward distributions, token burns and other related on-chain activity.

The platform will also explore further uses for $BC across original games, sports betting and digital-asset reward experiences as the ecosystem continues to develop.

More information about BC Engine and the $BC ecosystem is available at bc.game/bc.

View original content to download multimedia:https://www.prnewswire.com/news-releases/bc-token-hits-0-02–setting-a-new-all-time-high-302832793.html

SOURCE BC.GAME

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BinBase Enhances 2026 USA BIN Intelligence for Durbin Compliance, Debit Network Routing, and Level 2/3 Interchange Savings

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40 minutes ago

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July 23, 2026

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BinBase updates its US payment dataset with advanced Durbin Regulation flags, ATM/Debit network routing indicators, and Level 2/3 commercial card markers to help merchants significantly reduce processing fees.

MIAMI, July 22, 2026 /PRNewswire-PRWeb/ — BinBase, a leading provider of card issuing and payment analytics data, has announced major US-focused updates to its 2026 BIN Database. Designed specifically for payment facilitators (PayFacs), US acquiring banks, and enterprise e-commerce merchants, the updated dataset targets one of the largest operational costs in payment processing: transaction interchange fees.

In the competitive US payment ecosystem, a fraction of a percent in interchange savings translates to millions of dollars for merchants. BinBase provides the exact data needed for dynamic cost-optimizing routing.

Processing credit and debit cards in the United States requires navigating complex regulatory framework and network rules. A critical element is the Durbin Amendment, which caps interchange fees on debit cards issued by regulated US banks (institutions with $10 billion or more in assets). Without precise, updated BIN-level data, payment gateways frequently misidentify unregulated cards, leading to suboptimal routing and higher processing fees.

The updated BinBase dataset addresses this challenge by providing dedicated attributes for US processing optimization:

Durbin Regulation Identification: Instant Y/N status markers allowing payment gateways to dynamically detect US regulated debit cards and apply appropriate cost structures.US Debit & ATM Network Routing: Granular routing indicators for major US PIN-debit and PINless networks, including STAR, NYCE, Pulse, and Accel, empowering payment routing engines to choose the most cost-effective path.Commercial Data Eligibility (Level 2 / Level 3): Precise identification of corporate, business, and purchasing cards eligible for Level 2/3 line-item processing, helping B2B merchants lower interchange rates on corporate transactions.Personal vs. Commercial Usage Classification: Clear distinction between consumer and corporate card ranges to prevent fee misclassification at checkout.

“In the competitive US payment ecosystem, a fraction of a percent in interchange savings translates to millions of dollars annually for high-volume merchants,” said a spokesperson for Damiko Inc. “By combining Durbin status with US debit network data and extended 8-to-11-digit precision, BinBase provides payment engineers with the exact surgical data needed to build smart, cost-optimizing routing engines.”

To evaluate the US-specific data attributes and test integration compatibility, developers can inspect the schema and download the free 2026 sample dataset on GitHub.

For complete commercial licensing, custom data exports, and enterprise integration details, 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 7866133333, sales@binbase.com, www.binbase.com

View original content:https://www.prweb.com/releases/binbase-enhances-2026-usa-bin-intelligence-for-durbin-compliance-debit-network-routing-and-level-23-interchange-savings-302829300.html

SOURCE BinBase

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InfiMotion Technology Makes Public Debut, Showcasing Full-Stack E‑Drive Capabilities at Wuxi Event

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40 minutes ago

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July 23, 2026

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WUXI, China, July 22, 2026 /PRNewswire/ — InfiMotion Technology (InfiMotion), a global innovator in intelligent e‑drive systems, hosted a technology showcase event in Wuxi on July 16, marking its first public appearance as an independent supplier to the global automotive industry. The event demonstrated the company’s end‑to‑end capabilities spanning global R&D, extreme validation, and micron‑precision manufacturing – solidifying its position as a rising force in the new‑energy vehicle (NEV) drivetrain sector.

“Let the world know InfiMotion” said Joe Lin, CEO of InfiMotion Technology. “We have spent years perfecting our e‑drive technology for leading global automakers, and we are now ready to stand on our own as a trusted partner for the wider market.”

Cloud-Synced Global R&D: Engineering Without Borders

InfiMotion’s R&D network spans Wuxi, Shanghai, Ningbo, Hangzhou, and Gothenburg, with over 1,000 engineers – including a Swedish team of over 100 people – collaborating in real time via the cloud. This global footprint is built around real-world extremes: high-load endurance on European autobahns, Nordic cold starts, and tropical full-load operation in Southeast Asia – scenarios that directly shape InfiMotion’s globalization DNA.

A Track Record of Industry “Firsts”

InfiMotion’s technical pedigree speaks for itself:

2021: Pioneered China’s first self-developed 400V SiC EDU for ZEEKR 001.2024: Launched the world’s first 11-in-1 domain-controlled EDU, achieving over 90% CLTC efficiency on a 400V IGBT platform.2025: Released the world’s first mass-produced magnesium-aluminum alloy dual-motor EDU and the world’s first 900V high-performance magnesium-alloy coaxial EDU – delivering 5,200 Nm peak torque at just 77 kg net weight.

The company has also pioneered Umini-pin winding, 0.2mm ultra-thin silicon steel laminations, embedded and three-level PCM technologies, and is leading the formulation of industry standards for amorphous alloy materials.

Tested to the Extreme – Certified for Global Trust

InfiMotion adheres to ASPICE Level 3 processes and ASIL-D (ISO 26262) certification. Its validation system includes temperature cycling from -60°C to 140°C, 1,500-hour salt-spray tests, and 2,500-hour comprehensive endurance runs – with over 9,000 individual test items required for one European premium brand. The company’s CNAS-accredited testing center houses the world’s first 30,000 rpm motor test bench.

Manufacturing at Micron-Level Precision

InfiMotion operates five smart manufacturing bases across China (Wuxi, Hangzhou, Ningbo, Quzhou, and Jiaxing), with motor line automation reaching 95%. SMT accuracy is held to ±25μm, measurement instruments resolve down to 0.1μm, and an AI-driven visual inspection system detects defects as small as 20μm.

From Wuxi to the World

Today, InfiMotion supplies e-drive systems across the full voltage spectrum (400V–900V) for all vehicle classes, from A0 to supercars. Its global network spans China, Europe, and Malaysia, with vertical integration from key components to complete system. In the first half of 2026, the company ranked among China’s top three suppliers for both motor and inverter shipments, with volume production already serving Geely, Volvo, and JLR.

The InfiMotion Era Has Just Begun

As the global NEV industry undergoes profound transformation, InfiMotion remains committed to full-stack in-house R&D, global collaborative synergy, and open-win partnerships – delivering proven, traceable, and mass-producible Chinese e-drive solutions to the world.

About InfiMotion Technology

InfiMotion Technology is a global leader in the R&D and manufacturing of advanced electric drive systems and components for new energy vehicles. Committed to innovation, performance, and sustainability, InfiMotion provides comprehensive solutions empowering automakers to create the next generation of efficient, powerful, and intelligent electric vehicles.

For more information, please visit: www.infimotion.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/infimotion-technology-makes-public-debut-showcasing-full-stack-edrive-capabilities-at-wuxi-event-302832804.html

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