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MagicBlock Raises $7.5 Million to Bring Real-Time, App-Specific Extensions to Solana

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SINGAPORE, April 24, 2025 /PRNewswire/ — MagicBlock, a real-time engine for decentralised games and applications on Solana, has raised a $7.5 million Seed round. The round was led by Lightspeed Faction, with participation from Maven11, Delphi Digital, Robot Ventures, Mechanism Capital, Equilibrium, Pivot Global, and notable angels including Anatoly Yakovenko, Mert Mumtaz, and Tristan Yver. This investment fuels MagicBlock’s mission to power real-time, fully onchain games and applications built natively on Solana, ensuring that developers can build decentralized experiences with ultra-low latency and full composability – without the tradeoffs of an L2.

Following a $3 million investment led by a16z CSX in September 2024, this latest raise further accelerates MagicBlock’s momentum as it blurs the boundaries between blockchain and traditional servers. While traditional appchains force developers to choose between fragmented liquidity and app-specific customizations, MagicBlock delivers ultra-low latency and elastic throughput while maintaining full access to Solana‘s liquidity and composable ecosystem. With MagicBlock’s Ephemeral Rollups, developers can build natively on Solana and access app-specific extensions, or plugins, like real-time pricing feeds, custom sequencing, or institutional-grade permissioned environment..

MagicBlock’s ephemeral rollup technology, pioneered by co-founders Andrea Fortugno and Gabriele Picco, is a breakthrough in real-time blockchain execution. Unlike traditional L2s and rollups that require bridging, this innovation enhances Solana‘s performance without sacrificing native composability. MagicBlock ensures that developers can harness high-speed infrastructure with seamless interoperability across DeFi, gaming, and high-performance dApps.

As part of this growth phase, MagicBlock has partnered with Flash Trade, Supersize, Pyth, Jito, and dTelecom, leading projects in the Solana ecosystem that share its vision for fully onchain, high-performance applications.

Flash Trade, a decentralized derivative exchange, leverages MagicBlock’s ephemeral rollups to execute real-time, gas-efficient trades with minimal latency.Supersize, a real-time multiplayer game built fully onchain for maximum composability and verifiabilitydTelecom, a decentralized real-time communication network running ephemeral rollup technology to deliver a low latency experience with ultra-cheap fees.Pyth Lazer, for a 1ms price stream running in Ephemeral RollupsJito, a leader in Solana‘s validator ecosystem, collaborates with MagicBlock to enhance security with restaking and reducing execution time

These partnerships reinforce MagicBlock’s commitment to providing the fastest, most scalable infrastructure for developers building high-frequency trading platforms, real-time gaming, and next-generation onchain applications.

“Every application developer wants to build on the fastest chain with the deepest liquidity — that’s Solana. But they also want the customizability and real-time performance of a Web2 server. With MagicBlock, they don’t have to choose. [MagicBlock Co-Founder Andrea Fortugno].

With this funding, MagicBlock will expand its engineering team, scale its developer ecosystem, and continue optimizing its ephemeral rollup technology. As demand for real-time onchain applications grows, MagicBlock is positioning itself as the go-to execution layer for Web3 builders looking to harness Solana‘s speed and composability.

About MagicBlock

MagicBlock is a real-time engine seamlessly integrated with Solana. It provides ultra-low latency, on-demand runtimes, and elastic scalability for fully onchain applications. Built for developers, MagicBlock delivers an unmatched combination of speed, composability, and scalability, ensuring that decentralized applications can achieve Web2-level performance without sacrificing the benefits of Web3. With cutting-edge ephemeral rollup technology, MagicBlock enables congestion-free, high-throughput transactions, empowering builders to create the next generation of onchain experiences across gaming, DeFi, and beyond.

Developers interested in leveraging MagicBlock’s technology can explore our documentation and start building today.

For more information, visit https://www.magicblock.xyz/ or follow us on X and LinkedIn.

Media Contact:
press@magicblock.xyz

View original content:https://www.prnewswire.com/news-releases/magicblock-raises-7-5-million-to-bring-real-time-app-specific-extensions-to-solana-302437827.html

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Bonree Powers Global Digital Finance with Intelligent Observability

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DONGGUAN, China, April 27, 2026 /PRNewswire/ — From March 31 to April 2, 2026, the second Huawei Global Financial EcoWeek, themed “Inspire • Collaborate • Achieve: Reshaping the Future of Finance”, was held in Sanyapo, Dongguan. The event brought together over 400 attendees from Huawei partners across more than 30 countries and regions, including over 60 independent software vendors (ISVs) and over 120 system integrators (SIs) in the financial industry. As global financial data volumes surge, customer demands diversify, and regulatory requirements evolve, financial institutions are accelerating their digital and intelligent transformation. Observability and intelligent operations technologies enable institutions to detect system anomalies in real time, optimise performance, and ensure business continuity, while cross-regional and cross-institution collaboration is becoming a key driver of industry innovation.

At the event, NTT Data signed a partnership agreement with BONREE DATA TECHNOLOGY Co., Ltd. (Bonree), marking the launch of a renewed global financial ecosystem under the “SI Value Growth Plan.” As the first publicly listed company in China’s Application Performance Management (APM) and observability market, Bonree is advancing its globalisation strategy with established operations in Hong Kong SAR, Singapore, and Malaysia. The company has already secured orders worth millions in the Hong Kong and Macau region. Bonree complies with internationally recognised standards, including SOC 2 Type II and CMMI Level 5. Its self-developed LLM-powered observability platform has been selected for Huawei Cloud’s international baseline solution library, reflecting recognition from global cloud ecosystems and supporting its expansion with a “global deployment, local compliance” approach.

Bonree serves over 1,000 leading clients worldwide with system monitoring, performance optimisation, and intelligent operations solutions. Leveraging proprietary unsupervised knowledge graph root cause analysis technology and AI-driven intelligent analytics, Bonree delivers plug-and-play monitoring and fully managed adaptive alerting systems that detect anomalies quickly and accurately with minimal noise. With 56 authorised invention patents and 135 software copyrights, as well as 24/7 global technical support, Bonree maintains an NPS of 79 and a client satisfaction rate of 95%, reflecting its deep overseas market presence and trust among international financial institutions. With these core strengths, Bonree continues to lead in global fintech and digital operations, helping clients ensure business continuity and digital transformation while striving to become a leading global player in APM and observability.

CONTACT: 
Yao Xiaohan
yaoxiaohan@bonree.com 
+8618210189324

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HZICC: The 2025 Hangzhou Highlights Awards Celebrating Visionaries Elevating the City’s Global Profile

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HANGZHOU, China, April 27, 2026 /PRNewswire/ — What does the world see when it looks at Hangzhou? The Hangzhou & Friends: 2025 Hangzhou Highlights Awards, unveiled on February 4, offered an answer—not through statistics alone, but through the stories of connection that unfolded across the year.

The awards were born from a simple recognition: that a city’s global presence is built not only on grand events, but on the countless moments when people reach across borders. To honor this, the organizers structured the awards into four chapters: Dialogue of Civilizations, Industrial Narratives, Social Innovation, and Moments of the Year, each capturing a different way that Hangzhou touched the world.

Across these categories, moments of quiet resonance stood out. In the realm of cultural dialogue, ten friends from ten nations explored Hangzhou for the first time, their journeys later echoed by the city’s own return visits to Istanbul and Cairo. After the visits, a German photographer’s image of Qiandao Lake’s giant net fishing found its way to the pages of The Times, Hangzhou’s bond with Verona deepened into a year-long romance of music, art, and shared celebration, proving that sister-city ties can bloom into something far richer than ceremony.

On the Liangzhu Day of 2025, the “Liangzhu and the World: Dialogue between Liangzhu Ancient City and Rome Ancient City” was held—one of several moments when the region’s archaeological treasures found new resonance on the global stage. Beyond culture, the awards recognized how Hangzhou’s industries are telling Chinese stories overseas, from Geely’s global development to the rise of cross-border e-commerce that brings Hangzhou products,and the culture behind them directly to international consumers.

Yet there were also countless other people and moments that helped the world know Hangzhou. An international student from Pakistan filmed the city he had come to call home, capturing not just its landmarks but the feeling of belonging. A volunteer from Zimbabwe found himself holding hands with local police and strangers in a human chain at West Lake to maintain traffic order, discovering that being welcomed means being trusted to help. The Hangzhou International Conference Center became a stage for cross-cultural encounter, while Hangzhou’s tech-themed travel routes offered visitors a chance to explore the city’s cutting-edge innovations.

Together, these moments traced a portrait of Hangzhou not as a place that simply welcomes visitors, but as one that listens, shares, and grows, through the people who carry its stories onward.

 

View original content:https://www.prnewswire.com/apac/news-releases/hzicc-the-2025-hangzhou-highlights-awards-celebrating-visionaries-elevating-the-citys-global-profile-302753932.html

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Flagship Tablet to Highlight Huawei Innovative Product Launch in Bangkok

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BANGKOK, April 27, 2026 /PRNewswire/ — Huawei officially announced the “Now Is Your Spark” Innovative Launch Event, due to be held in Bangkok, Thailand on May 7, 2026. This launch event will unveil a comprehensive lineup of flagship tablets, wearables, and smartphones. Empowering daily life with technology and exploring future frontiers through innovation, Huawei aims to inspire every user through intelligent experiences across all scenarios.

As one of the highlights of this launch event, the flagship tablet HUAWEI MatePad Pro Max will make its global debut. The HUAWEI MatePad Pro series has consistently delivered comprehensive experience breakthroughs with best-in-class productivity and creativity. This new device is Huawei’s best tablet yet, with a lightweight design, PC-level productivity, and PaperMatte Display, opening new possibilities for work, creation, and creative expression.

In the wearables sector, the HUAWEI WATCH FIT Series continues to gain widespread recognition from global consumers. By April 2026, shipments have exceeded 24 million units, setting a new benchmark in the fashion sports smartwatch market. The series offers a lightweight, comfortable wearing experience while providing professional sports guidance and health management features. At the Huawei Innovative Launch Event in Bangkok, the all-new HUAWEI WATCH FIT 5 Series will debut. It is set to become the ideal companion for users to express personal style, explore sports enjoyment, and monitor health around the clock. Additionally, this launch will introduce the HUAWEI WATCH GT Runner 2 Racing Legend Edition, specially designed for marathons with its upgraded data analysis capabilities to scientifically support every step of the run. Moreover, Huawei plans to unveil its first jewelry smartwatch designed in partnership with renowned international jewelry designer Francesca Amfitheatrof—the HUAWEI WATCH ULTIMATE DESIGN Spring Edition. Also making a grand return after five years is the next-generation premium kids watch, the HUAWEI WATCH KIDS X1 Series.

In the smartphone segment, HUAWEI nova 15 Max will deliver an upgraded experience for global consumers. Leveraging strengths in imaging technology, battery life, and reliable quality, it is an ideal companion for young people to capture life’s moments and unleash their creativity.

Now Is Your Spark— every individual can light up the world to drive change, and technology serves as the torch to ignite, connect, and amplify this force. By giving passion a voice, inspiration a purpose, and expression a stage, Huawei aims to empower consumers worldwide to write their own stories with innovative technologies.

Photo – https://mma.prnewswire.com/media/2966013/84.jpg

View original content:https://www.prnewswire.co.uk/news-releases/flagship-tablet-to-highlight-huawei-innovative-product-launch-in-bangkok-302753958.html

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