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Kaito launched the Katalyst reward layer, introducing a pay-for-performance mechanism for creator activities

According to official news, Kaito announced the launch of Kaito Katalyst, a new reward layer aimed at creator activities, where project parties can pay based on the actual results brought by creators. This mechanism is based on Kaito's latest intelligence infrastructure and supports the distribution of rewards through various flexible criteria such as mind share, clicks, registrations, deposits, and platform activities. The underlying support comes from Kaito's data protocol with X, Brevis_zk's verification architecture, and its self-built attribution infrastructure.In the past two months, Kaito has conducted pilot tests in multiple companies across AI laboratories, consumer-grade AI applications, smart hardware companies, as well as in the cryptocurrency and financial sectors, with some projects set to launch soon. For TGE projects, Kaito has also introduced a dedicated format with no service fees: project parties must provide both a refundable deposit and a reward pool to ensure that creators are aware that funds are in place before the release. Each activity will announce the token distribution pool and attribution terms in advance, allowing creators to clearly understand the content and timing of their earnings.Under this mechanism, 80% of the token pool is allocated to creators who deliver actual results, while the remaining 20% is distributed to KAITO stakers and holders of YT-sKAITO on Pendle. Long-term holders and Yapybara holders can receive additional multiplier rewards. Kaito stated that this structure continues the Stakedrop mechanism that has been in operation since 2025, bringing approximately 136% annualized returns to the entire Kaito ecosystem. This model is also applicable to tokenized equity projects willing to use tokens or equity to accelerate growth.

Kraken's parent company Payward acquires Magic Labs' embedded wallet business

According to The Block, Magic Labs has agreed to sell its embedded wallet business to cryptocurrency exchange Kraken's parent company Payward as part of a broader company restructuring, with Magic Labs simultaneously rebranding to Newton Labs. This transaction is in the form of an asset sale, and after the deal is completed, Magic Labs and Payward will continue to operate independently, with wallet customers being taken over by Payward Services.Since its establishment in 2018, Magic Labs has created over 60 million wallets, supporting more than 200,000 developers. Newton Labs will focus on developing the Newton Protocol, which is an authorization layer for on-chain finance that executes compliance, security, and risk strategies before transactions are settled on-chain. The protocol entered the mainnet testing phase in June 2026. The first product based on the Newton Protocol, VaultKit, is a set of composable strategy tools for institutional-grade vaults.This acquisition is another transaction in Payward's ongoing expansion of its financial infrastructure platform. Previously, the company completed the acquisition of the CFTC-licensed derivatives exchange Bitnomial for up to $550 million in cash and stock, and acquired the Hong Kong stablecoin payment company Reap Technologies for $600 million. In 2025, it also acquired the retail futures platform NinjaTrader for $1.5 billion.
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