Technology
Sungrow Master 2026 Advances Installer Excellence for a Stronger Solar Industry in the Philippines
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3 hours agoon
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MAKATI, Philippines, June 23, 2026 /PRNewswire/ — Sungrow, the globally leading PV inverter and energy storage system provider successfully concluded the Sungrow Master — Installation Skill Competition 2026 Philippines Station, bringing together more than 2,000 solar installers and industry partners in Southeast Asia. The nationwide technical competition is designed to enhance solar installation quality, technical capability, and professional certification in the Philippines.
As one of Southeast Asia’s fastest-growing solar markets, the Philippines faces challenges including extreme weather conditions, grid stability constraints, and a shortage of skilled installation professionals. Sungrow Master aims to help address these gaps by providing structured technical training, hands-on learning, and standardized installation guidance.
Over several months, participants completed training covering product knowledge, installation, commissioning, maintenance, and troubleshooting, supported by online learning sessions, community engagement, and offline roadshows. The campaign also generated over 200 authentic user-generated cases, showcasing real-world Sungrow installations across the region.
The competition concluded with a Grand Final held in Makati City, where 30 top installers were evaluated through written tests and hands-on installation challenges assessing safety, speed, accuracy, and overall technical performance. Several participants were also awarded the “Master Installer” title and received official Sungrow certification in recognition of their technical excellence.
“Sungrow products are very user-friendly, and the technical support and service teams are very responsive and supportive. It is clear that everyone involved is highly dedicated to advancing its technology,” said Aijhalon Auxtero, Champion of the Sungrow Master Installation Competition Philippines.
“This competition is very meaningful for us as installers. It provides a great platform to demonstrate our installation skills using Sungrow products and to exchange experience with other professionals in the industry. We are also proud to be part of a program supported by a leading global brand like Sungrow.”
“Behind every high-performing solar system is a skilled installer who ensures quality, safety, and long-term reliability. Through Sungrow Master, we are investing in the people who bring clean energy projects to life every day,” said Ray Xu, APAC Channel Business Manager.
“This program goes beyond competition. It equips installers with practical skills, standardized technical knowledge, and professional certification. By strengthening installation capabilities across the Philippines, Sungrow aims to support safer systems, higher efficiency, and greater long-term value for all participants across the solar ecosystem.”
Sungrow will continue expanding installer training and certification programs globally, supporting the development of a more skilled workforce and the transition toward a sustainable energy future.
CONTACT:
Luly Wang
luly.wang@sungrow-hq.com
+86 15618330862
View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/sungrow-master-2026-advances-installer-excellence-for-a-stronger-solar-industry-in-the-philippines-302807222.html
SOURCE Sungrow Power
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Technology
Metal Stamping Market to Reach USD 373.85B by 2033 as Demand for Precision Manufacturing Accelerates Across Automotive, Electronics, and Industrial Sectors
Published
52 minutes agoon
June 23, 2026By
Rising adoption of lightweight materials, expanding electric vehicle production, and advancements in automated stamping technologies are expected to drive long-term market growth
SAN FRANCISCO, June 23, 2026 /PRNewswire/ — The global metal stamping industry is poised for steady expansion over the coming decade, driven by increasing demand for precision-engineered components across automotive, consumer electronics, industrial machinery, aerospace, and electrical applications. According to a recent market analysis by Grand View Research, the global metal stamping market was valued at USD 257.26 billion in 2025 and is projected to grow from USD 266.27 billion in 2026 to USD 373.85 billion by 2033, advancing at a compound annual growth rate (CAGR) of 5.0% from 2026 to 2033.
Metal Stamping Remains a Cornerstone of Modern Manufacturing
Metal stamping continues to play a vital role in modern manufacturing by enabling high-volume production of complex metal components with exceptional dimensional accuracy and cost efficiency. The process is widely utilized for the fabrication of body panels, structural components, electrical connectors, brackets, enclosures, and numerous other mission-critical parts used across industrial value chains.
Lightweight Vehicle Production and Electrification Create New Growth Opportunities
The growing emphasis on lightweight and high-strength materials is creating significant opportunities for metal stamping manufacturers. Automotive manufacturers, in particular, are increasingly adopting advanced stamping technologies to produce lightweight vehicle structures that improve fuel efficiency and support emissions reduction goals.
As electric vehicle adoption accelerates worldwide, demand for stamped battery enclosures, chassis components, reinforcement structures, and thermal management systems is expected to increase substantially. Industry analysts note that vehicle electrification trends are reshaping manufacturing requirements and generating sustained demand for advanced metal-forming capabilities.
Automation and Smart Manufacturing Transform Production Capabilities
The market is benefiting from a convergence of technological innovation and sustainability initiatives. Manufacturers are investing in servo-driven presses, robotic automation, digital quality-control systems, and advanced die technologies to improve productivity while reducing material waste.
These developments are helping metal stamping companies achieve greater operational efficiency, improve consistency, and meet increasingly stringent customer requirements for quality and precision.
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Blanking Emerges as the Leading Process Segment
Among process categories, blanking remains the dominant segment, accounting for more than 32.0% of the global market in 2025. The process serves as a foundational manufacturing step for producing accurately shaped metal components at scale and is extensively used in automotive, appliance, electronics, and industrial applications.
Its ability to deliver high production volumes while maintaining dimensional consistency continues to make blanking one of the most widely adopted metal stamping processes worldwide.
Automotive Industry Continues to Anchor Global Demand
The automotive and transportation sector remains the largest consumer of stamped metal components globally. Manufacturers rely on metal stamping for vehicle body structures, transmission systems, safety assemblies, seating systems, and a wide range of interior and exterior components.
The ongoing transition toward electric mobility, lightweight materials, and advanced vehicle architectures is expected to further strengthen demand throughout the forecast period.
Consumer Electronics Segment Expected to Witness Accelerated Expansion
Consumer electronics is anticipated to emerge as one of the fastest-growing application segments, registering a CAGR of 6.2% through 2033. As electronic devices become increasingly compact and sophisticated, manufacturers require high-precision stamped components for connectors, casings, electromagnetic shielding systems, and thermal management applications.
The rapid growth of smart devices, wearable technologies, and connected consumer products is expected to create new opportunities for metal stamping suppliers worldwide.
Asia Pacific Maintains Leadership Position in Global Market
Regional analysis indicates that Asia Pacific continues to lead the global market, accounting for more than 37.0% of total revenue in 2025. The region benefits from a strong manufacturing ecosystem, a large automotive production base, and a rapidly expanding electronics sector.
Countries such as China, India, and Japan remain major contributors to regional demand, supported by industrial expansion, infrastructure investments, and favorable manufacturing policies.
Strong Industrial Growth Supports Regional Expansion
Asia Pacific is projected to be among the fastest-growing regional markets, with the region expected to register a CAGR of 6.1% during the forecast period. Continued investments in electric vehicle production, industrial automation, and consumer electronics manufacturing are anticipated to create substantial opportunities for metal stamping companies operating across the region.
Emerging Applications Expand Market Potential Beyond Automotive
Beyond automotive and electronics, metal stamping is gaining momentum across industrial machinery, aerospace, telecommunications, and construction sectors. Industrial equipment manufacturers increasingly depend on stamped components for housings, supports, gears, and structural assemblies capable of withstanding demanding operating conditions.
In telecommunications, expanding connectivity infrastructure and next-generation communication networks are driving demand for precision-engineered metal components used in antennas, electrical contacts, and protective enclosures.
Sustainability Initiatives Influence Future Manufacturing Strategies
Sustainability remains a key factor shaping the future of the metal stamping industry. Manufacturers are implementing energy-efficient production methods, reducing material waste, and incorporating recycled metal feedstocks to improve environmental performance.
The inherent recyclability of stamped metal components further supports circular manufacturing initiatives and aligns with global sustainability objectives.
Future Outlook: Innovation and Capacity Expansion to Define Competitive Success
Looking ahead, industry participants are expected to prioritize automation, digital manufacturing technologies, advanced tooling solutions, and strategic capacity expansion initiatives. Companies that successfully integrate smart manufacturing capabilities with sustainable production practices are likely to strengthen their competitive positioning in the evolving marketplace.
As industries continue to prioritize precision, scalability, and cost efficiency, metal stamping is expected to remain an essential manufacturing process supporting next-generation industrial innovation and product development.
About Grand View Research
Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.
Browse Investment Insights by Grand View Research – a dedicated, scalable fundamental research platform designed to function as a seamless extension of investment teams across the buy-side and sell-side ecosystem.
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View original content to download multimedia:https://www.prnewswire.co.uk/news-releases/metal-stamping-market-to-reach-usd-373-85b-by-2033-as-demand-for-precision-manufacturing-accelerates-across-automotive-electronics-and-industrial-sectors-302806555.html
Technology
CATL Debuts World’s First Field-Validated Sodium-Ion BESS, Bringing Sodium Storage to Commercial Reality
Published
52 minutes agoon
June 23, 2026By
MUNICH, June 23, 2026 /PRNewswire/ — On June 22, 2026, CATL officially unveiled the TENER Sodium Energy Storage System, the world’s first real-world validated sodium-ion energy storage solution in Munich, Germany. The solution has reached full commercial maturity across technology, production capacity, and supply chain readiness. Cumulative shipments are expected to reach 1 GWh by the end of 2026, with global deliveries to begin in June 2027.
“CATL is committed to promoting energy independence around the world while delivering long term value for our customers. To achieve this we have made it our mission to develop a new battery chemistry based upon abundant resources available across all continents, one that can support the energy needs of all eight billion people, while offering longer cycle life and enhanced safety” said William Wu, Director of CATL’s Energy Storage Technology Center, at the launch event. ” We believe that sodium and lithium together will form the twin foundations of the future energy storage system.”
TENER Sodium: Certainty for an Uncertain Future
As the share of renewable energy continues to rise and AI-driven power demand surges, energy storage is moving from a supporting role to critical infrastructure for the global energy system. However, conventional energy storage has relied heavily on lithium-based systems, whose concentrated supply and volatile prices pose growing supply chain risks. Sodium—over 1,000 times more abundant than lithium and widely distributed—offers better extreme-temperature performance, safety, and cost potential, making a technology transition in energy storage inevitable.
“The energy storage industry has moved beyond a race for scale. Today, success is increasingly defined by the ability to create long-term value,” said Amanda Xu, CTO ESS and President of ESS Europe CATL, in her keynote speech. “The principle we most firmly believe in is that readiness creates certainty.”
And this is precisely the mission of TENER Sodium.
Powered by CATL’s latest sodium-ion technology, TENER Sodium delivers more than 30 MWh of rated capacity on a fully modular architecture. This architecture delivers three direct benefits for customers:
Simpler project deployment, with each single module weighing about 42 tonnes and only 34 units required for a 1 GWh site.
Greater configuration flexibility, with energy and power blocks decoupled to support flexible storage durations of 1, 2, 4, 6, and 8 hours, tailored to specific project requirements.
Lower maintenance cost, as faulty modules can be quickly isolated and replaced independently, simultaneously improving station-level system availability while reducing customer OPEX and maximizing asset utilization.
Beyond modular convenience, CATL has purpose-built a station-level platform specifically for sodium-ion systems.
1.Voltage regulation: To address the wide voltage range of sodium-ion batteries, CATL has developed a dedicated bidirectional (Bi-DC) voltage regulation system for its sodium solution. The system enables automatic voltage boosting in the low-voltage range, allowing the PCS to consistently deliver optimal output across the full range. This improves overall system round trip efficiency (RTE) by nearly 2%. For a 1 GWh energy storage station, this means millions of additional kilowatt-hours of power generation each year. The system is compatible with all major PCS products worldwide and provides stronger grid support capability.
2. BMS system: CATL has designed a BMS system for sodium-ion energy storage systems to leverage sodium chemistry’s continuously sloping voltage curve, enabling more accurate SOC estimation. Furthermore, the overcharge SOC tolerance of sodium-ion batteries has been increased by 20% compared with lithium-ion batteries. This gives the BMS an additional 20% safety margin for operation, allowing greater flexibility.
3. Ultra-low auxiliary energy consumption: The unique top-discharge airflow design eliminates thermal-island effects at the source, reducing system heat generation by nearly 30% compared to conventional solutions. Combined with a highly efficient liquid-cooling system, auxiliary power consumption has been reduced from the industry average of 2% to 1%. For large-scale, long-duration energy storage projects, this improvement can save millions of euros in operating costs.
4. Low-noise design: TENER Sodium operates at only 65 decibels — 10 decibels lower than conventional systems. This helps address local community concerns commonly encountered across the industry, allowing for energy storage stations to be built closer to load centers, saving substantial transmission and distribution costs.
In addition, the TENER Sodium system is compatible with LFP systems and shares the same physical footprint. The same platform can accommodate either sodium-ion or lithium-ion batteries without changing enclosures, redesigning projects, or repeating certification processes. This flexibility to switch seamlessly between sodium-ion and lithium-ion technologies provides customers with a practical solution for managing lithium price volatility. Looking ahead, the TENER Sodium system also reserves an upgrade path to 2000V high-voltage architectures, enabling it to adapt to evolving technology routes.
A Decade in the Making: Supply Chain and Manufacturing Now Fully Commercial-Grade
TENER Sodium’s comprehensive advantages in safety, returns, and reliability did not emerge overnight. CATL has been engaged in sodium-ion battery R&D since 2016, investing nearly €1.2 billion over the past decade. With more than 300 R&D professionals involved, it has accumulated more than 1,600 patent families and over 200 globally granted patents, overcome more than 100 technical challenges, and fully established the end-to-end manufacturing process from materials to cells.
Sodium-ion technology has evolved from a laboratory project to an energy storage material system with scalable capability. At present, CATL has built up manufacturing capability to deliver tens of thousands of tonnes of anode and cathode materials. Production costs for the NFPP are expected to decline further as the technology matures.
CATL is working with system integrators to build a complete closed loop ecosystem for sodium-ion energy storage, covering cell R&D, system delivery, product testing, and commercial deployment. In terms of production capacity, CATL has invested RMB 5 billion to expand sodium-ion production lines at its Fuding base, adding 40 GWh of annual capacity. The Jining base in Shandong has planned 160 GWh of sodium-ion production capacity. CATL’s mass-production lines are fully commissioned and operational, ready to support large-scale deployment.
The comprehensive maturity of technology, products, supply chain, and manufacturing capability has significantly accelerated the commercialization of sodium-ion energy storage. In China, CATL will officially begin delivering its first sodium-ion energy storage systems to customers this September, with cumulative shipments expected to reach 1 GWh by the end of 2026. International deliveries are scheduled to begin in June 2027.
In April 2026, CATL and HyperStrong signed the world’s largest sodium-ion commercial contract — a three-year, 60 GWh energy storage order — marking the official entry of sodium-ion energy storage into the GWh-scale deployment era.
Next-Generation Energy Storage: Building Certainty for the Future Grid
From pioneering LFP as the mainstream chemistry for energy storage, to defining the first-generation dedicated energy storage cells of 280Ah and 314Ah and the second-generation 587Ah cell, and now to launching its first real-world validated sodium-ion energy storage system, every standard transition by CATL has moved the industry one step forward.
The launch of the CATL TENER Sodium Energy Storage System marks a new stage in which lithium and sodium together form the twin foundation of next-generation energy storage infrastructure, supporting the energy transition for decades to come. As TENER Sodium makes its global debut and moves steadily toward mass delivery, CATL and its global partners are working together to turn the strategic vision into tangible reality — a more stable, cost-effective, and sustainable foundation for the world’s energy future.
SOURCE CATL
Technology
Capital.com enters South Africa under dual FSCA regulatory licence
Published
52 minutes agoon
June 23, 2026By
The global fintech group has been authorised as an Over-the-Counter Derivatives Provider and Category 1 Financial Services Provider, establishing its regulated operating framework in the country
LIMASSOL, Cyprus, June 23, 2026 /PRNewswire/ — Capital.com today announced dual regulatory approval from South Africa’s Financial Sector Conduct Authority (FSCA). The global financial group, which operates a technology-led trading platform, has been authorised as an Over-the-Counter Derivatives Provider (ODP) and Category 1 Financial Services Provider (FSP). The approvals establish Capital.com’s regulated operating framework in South Africa under FSCA supervision.
Capital.com South Africa plans to onboard clients and provide access to contracts for difference (CFDs) across more than 5,000 markets, including equities, commodities, indices and foreign exchange, and to execute derivative transactions in accordance with South Africa’s regulatory framework for derivatives providers. The licence also permits the offering of crypto CFDs under FSCA supervision.
In parallel, Capital.com South Africa is authorised as a Category 1 FSP, allowing it to market and promote Capital.com locally as an approved financial services provider and to provide financial services and intermediary (non-advice) services for approved financial products, including shares and other investment products, subject to FSCA requirements.
Commenting on the approvals, Valentina Rzheutskaya, Executive Director at Capital.com, said: “Operating under local regulatory supervision is fundamental to how we approach market entry. The FSCA approvals define the framework within which Capital.com is permitted to operate in South Africa, including the standards we must meet around governance, conduct and risk controls.”
Capital.com has appointed Travis Robson as Chief Executive Officer for South Africa. Travis is a senior financial services executive with extensive experience building and running businesses within regulated financial services environments. His background includes establishing local governance structures, engaging with regulators, and overseeing regulated trading operations, making him well-placed to lead Capital.com’s South African business.
Travis Robson, CEO, South Africa, Capital.com, said: “Operating through a regulated local entity matters because it shapes the environment in which decisions are made. Our role is to ensure clients engage with markets within a framework that is governed, supervised and designed to prioritise clarity around risk. By operating under FSCA oversight, we are focused on providing access to markets in a way that supports informed decision-making.”
The South Africa approvals follow Capital.com’s recent regulatory authorisation by the Capital Markets Authority of Kenya, reflecting the group’s approach to regulated market entry.
Capital.com holds licences through regulated entities authorised by financial regulators including the UK Financial Conduct Authority, the Cyprus Securities and Exchange Commission, the Australian Securities and Investments Commission, the Securities Commission of The Bahamas, the UAE Capital Market Authority, the Bermuda Monetary Authority and the Capital Markets Authority of Kenya.
Notes to editors
About Capital.com
Capital.com is a global, regulated financial company established in 2016. It operates a technology-led platform providing access to financial markets, designed to support deliberate and informed decision-making.
The company’s operating model is structured around regulatory compliance, governance, and operational discipline. Platform design emphasises clarity, information sequencing, and risk awareness, with features intended to limit unnecessary urgency and support considered market participation.
Capital.com operates across multiple jurisdictions under established regulatory frameworks. The company’s focus is on long-term consistency, resilience, and stability across market conditions, including periods of heightened volatility.
Capital.com maintains operational offices in major financial and business centres, including London, Dubai, Warsaw, Milan, Nassau, Sofia, Limassol, Nairobi, and Melbourne. Capital Com (UK) Limited is authorised and regulated by the Financial Conduct Authority (FCA) under registration number 793714. Capital Com SV Investments Limited is authorised and regulated by the Cyprus Securities and Exchange Commission (CySEC), under licence number 319/17. Capital Com Group Ltd is authorised and regulated by the CySEC under licence number 463/25. Capital Com Australia Pty Ltd is authorised and regulated by the Australian Securities and Investments Commission (ASIC) under AFSL Number 513393. Capital Com Online Investments Ltd is a Company registered in the Commonwealth of The Bahamas and authorised to carry out Securities Business by the Securities Commission of The Bahamas with licence number SIA-F245. Capital Com Mena Securities Trading LLC is authorised and regulated by the Capital Market Authority (CMA), under licence number 20200000176. Capital Com Investments (Bermuda) Ltd. is authorised and regulated by the Bermuda Monetary Authority (“BMA”) under the Investment Business Standard Licence and Digital Asset Business (Class F) Licence dated 15 April 2025. CC Kenya Securities Limited trading as Capital.com is regulated by the Capital Markets Authority of Kenya under licence number 244. Capital Com South Africa (Pty) Ltd is incorporated in South Africa with registration number 2025/355173/07, and is authorised and regulated by the Financial Sector Conduct Authority (“FSCA”) as a Financial Services Provider under the licence number 55488 and as an Over the Counter Derivatives Provider.
To find out more, please visit: www.capital.com
This press release is for media use only. It’s not intended for individual investors and doesn’t include personal advice or recommendations.
DISCLAIMER
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Depending on the company, between 61-89% of retail investor accounts lose money when trading CFDs with Capital.com Group. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Crypto Derivatives are not available to Retail clients registered with Capital Com (UK) Ltd. Spread bets are available only to UK clients.
The value of shares and ETFs bought through a share dealing account can fall as well as rise, which could mean getting back less than you originally put in. Past performance is no guarantee of future results.
Capital Com (UK) Limited (“CCUK”) is incorporated in England and Wales with registration number 10506220, and is authorised and regulated by the Financial Conduct Authority (“FCA”) under the reference number 793714. Capital Com Group Ltd is incorporated in the Republic of Cyprus with registration number ΗΕ446198, and is authorised and regulated by the Cyprus Securities and Exchange Commission (“CySEC”) under the licence number 463/25. Capital Com SV Investments Limited (“CCSV”) is incorporated in the Republic of Cyprus with registration number HE354252, and is authorised and regulated by the CySEC under the licence number 319/17. Capital Com Australia Pty Ltd is incorporated in Australia with registration number 625 601 489, and is authorised and regulated by the Australian Securities and Investments Commission (“ASIC”) under AFSL licence number 513393. Capital Com Online Investments Ltd. is incorporated in the Commonwealth of The Bahamas with registration number 209236B, and is authorised and regulated by the Securities Commission of The Bahamas (“SCB”) under the licence number SIA-F245. Capital Com Mena Securities Trading L.L.C is incorporated in the United Arab Emirates with registration number 1994695, and is authorised and regulated by the Capital Market Authority (“CMA”) under the licence number 20200000176. Capital Com Investments (Bermuda) Ltd. is incorporated in Bermuda with registration number 202201970, and is authorised and regulated by the Bermuda Monetary Authority (“BMA”) under the Investment Business Standard Licence and Digital Asset Business (Class F) Licence dated 15 April 2025. CC Kenya Securities Ltd is incorporated in Kenya with registration number PVT-RXUMQ5KL, and is authorised and regulated by the Capital Markets Authority (“CMA”) under the licence number 244. Capital Com South Africa (Pty) Ltd is incorporated in South Africa with registration number 2025/355173/07, and is authorised and regulated by the Financial Sector Conduct Authority (“FSCA”) as a Financial Services Provider under the licence number 55488 and as an Over the Counter Derivatives Provider under the approval dated 12 May 2026.
Capital.com is an execution-only brokerage platform and the content provided on the Capital.com website is intended for informational purposes only and should not be regarded as an offer to sell or a solicitation of an offer to buy the products or securities to which it applies. No representation or warranty is given as to the accuracy or completeness of the information provided.
The information provided does not constitute investment advice nor take into account the individual financial circumstances or objectives of any investor. Any information that may be provided relating to past performance is not a reliable indicator of future results or performance.
To the extent permitted by law, in no event shall Capital.com (or any affiliate or employee) have any liability for any loss arising from the use of the information provided. Any person acting on the information does so entirely at their own risk.
Any information which could be construed as “investment research” has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication.
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Logo: https://mma.prnewswire.com/media/2998154/Capital_com_Logo.jpg
SOURCE Capital.com
Metal Stamping Market to Reach USD 373.85B by 2033 as Demand for Precision Manufacturing Accelerates Across Automotive, Electronics, and Industrial Sectors
CATL Debuts World’s First Field-Validated Sodium-Ion BESS, Bringing Sodium Storage to Commercial Reality
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