Category Archives: News

EDGE Markets Partners with ProphetX to Bring 24/7 Banking Rails to the Exchange

Powered by EDGE Connect, ProphetX traders now have access to 24/7/365 fund movement, daily deposit limits of up to $1 million, and FDIC-insured deposit accounts through EDGE Boost

NEW YORK, Aug. 25, 2026 /PRNewswire/ — EDGE Markets, a financial services company that creates products for alternative financial markets, including crypto and prediction markets, today announced a partnership with ProphetX, a leading sports exchange platform, to enable 24/7 real-time deposits, with daily deposit limits of up to $1 million for eligible users and no deposit fees charged to ProphetX participants. The integration brings EDGE Connect, a private closed-loop settlement network, to ProphetX, enabling eligible EDGE Boost customers to fund their ProphetX accounts with up to $1 million a day. The move builds on EDGE Markets’ recently announced partnerships with Kalshi and Polymarket, making ProphetX the latest exchange to adopt EDGE Connect.

Traditional account-funding methods can involve lower transaction limits, processing delays, and fees. These limitations can be particularly inconvenient for traders seeking to move funds during nights, weekends, and live market events. The introduction of EDGE Boost into the ProphetX funding rails gives eligible users access to daily deposit limits of up to $1 million, real-time fund movement with no banking-hour restrictions, and a dedicated bank account that separates trading capital from everyday finances. The ability to move significant capital onto ProphetX in real time addresses one of the most persistent friction points for active traders. Nights, weekends, and live market events are exactly when the traditional banking system creates delays. EDGE Connect solves this with FedNow rails that clear funds in near real-time, 24 hours a day, 365 days a year.

“The most active traders are no different from sophisticated participants in any other vertical: they need fast, reliable access to their capital on their schedule, not the bank’s,” said Seni Thomas, Founder and CEO of EDGE Markets. “Reaching the traders who are already moving serious capital on prediction markets is how EDGE Boost becomes the default financial platform for this space, and ProphetX gets us there.”

“As the first federally regulated sports-native exchange, ProphetX is committed to building every layer of this ecosystem to the highest standard. EDGE Markets brings the same philosophy to the financial rails. FDIC-insured deposit accounts, real-time fund movement, and higher funding limits, all things critical infrastructure for our active traders as this market matures,” said Dean Sisun, CEO and Co-Founder of ProphetX.

EDGE Markets recently closed a $29 million Series A round led by CoinFund, with participation from Indicator Ventures, Mantis VC, Stepstone Group, and Bullpen Capital, to accelerate the buildout of its institutional and consumer banking products across prediction markets. Since launching EDGE Boost, the company has processed more than $2 billion in transactions.

EDGE Boost, the banking product powering this integration, is built around responsible trading. Its pilot program linking cashback rewards to responsible trading tools saw a 97% opt-in rate among users. Personalized spending limits and cashback incentives give traders tools to stay in control of their finances.

Eligible ProphetX traders can sign up for EDGE Boost at https://edgeboost.io/prophetx.

About EDGE Markets 

EDGE Markets provides infrastructure and banking solutions that empower users with financial transparency, and support emerging verticals including cryptocurrency platforms and prediction markets. Its original product, EDGE Boost, is a purpose-built debit card account that is FDIC insured up to $250,000¹.

About ProphetX

Founded in 2018, ProphetX is America’s first sports-native prediction market. The company is a regulated U.S. exchange for event-driven contracts, built on a sports-focused foundation and designed to expand across a broad range of event markets. Its mission is to create the world’s most trusted and innovative marketplace where anyone can participate in event outcomes.

Media Contacts: 

Justine Sacco / justine@edgemarkets.io

Edgemarkets@greenbrier.partners

ProphetX Newsroom / press@prophetexchange.com

<sup>_____________________________

1</sup> Deposit accounts are held at Cross River Bank, Member FDIC, and are insured up to $250,000 per depositor. Through our relationship with IntraFi^® Network DepositsSM, funds may be eligible for additional FDIC insurance coverage by being distributed across participating network banks – up to $10,000,000 in aggregate for consumer accounts enrolled in the applicable program. FDIC insurance coverage is subject to applicable terms and conditions, including account structure, account ownership categories, and regulatory requirements. The EDGE Boost Visa^® Debit Card is issued by Cross River Bank, Member FDIC, pursuant to a license from Visa U.S.A. Inc., and is not available to all residents of U.S. territories. Account limits and other applicable terms are described in our Terms of Service and Cardholder Agreement and CRB Account Agreement.

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ZeroBounce Can Now Detect AI-Managed Mailboxes

New data helps businesses identify mailboxes managed by autonomous AI agents, going beyond traditional email validation. 

SANTA BARBARA, Calif., Aug. 25, 2026 /PRNewswire/ — ZeroBounce, the email validation and deliverability platform, today announced it can now detect AI-managed mailboxes, a new layer of email intelligence that identifies mailboxes managed primarily by autonomous AI agents rather than people. ZeroBounce is the first email validation platform to provide customers with this type of insight.

Business email is changing. More organizations are putting AI in charge of handling incoming email, with many messages now being evaluated and acted on before a person ever sees them. ZeroBounce is expanding email validation beyond deliverability alone.

“For years, email validation has answered one question: Can this email address receive email?” said Liviu Tanase, founder and CEO of ZeroBounce. “As AI changes the way organizations communicate, another question becomes just as important: Who’s receiving the email? AI-managed mailbox detection helps answer that question.”

Unlike inboxes where AI simply assists users by suggesting replies or summarizing conversations, AI-managed mailboxes rely on autonomous AI agents to evaluate incoming messages and determine what happens next. Depending on how they’re configured, these systems may respond automatically, qualify prospects, route requests, schedule meetings, or decide whether an email should ever reach a human recipient.

Using proprietary mailbox intelligence and provider signals, ZeroBounce identifies two types of AI-managed mailboxes:

• AI Agent Mailbox – Assigned to valid email addresses that appear to be managed by an AI agent.
  
  
  
  
• Catch-all AI Agent Mailbox – Assigned to AI-managed addresses hosted on catch-all domains.

The feature gives organizations greater visibility into how their contacts may process incoming email. However, the new classifications are informational and are not recommendations to suppress or remove contacts. Many AI-managed mailboxes belong to legitimate businesses and valuable customers. 

“Until recently, marketers focused on whether an email could be delivered,” CEO Liviu Tanase added. “With this new data from ZeroBounce, they’re beginning to understand how that email is likely to be handled after it arrives. That’s valuable intelligence for sales, marketing, customer success, and anyone communicating at scale.”

AI-managed mailbox detection is available immediately to all ZeroBounce customers and users. To learn more about AI-managed mailboxes and how ZeroBounce identifies them, visit: https://www.zerobounce.net/free-email-verifier/ai-managed-mailboxes.

About ZeroBounce

ZeroBounce is an email validation and deliverability platform that helps more than 650,000 customers worldwide land their emails in the inbox. The company validates close to 1 billion email addresses every month and offers tools including email validation, inbox placement testing, blacklist monitoring, DMARC monitoring, email scoring, and more. ZeroBounce is widely recognized for its 99.6% accuracy guarantee, strong security standards, and award-winning customer support. 

For more information, visit https://www.zerobounce.net/.

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CheQ Launches CheQ UPI, Bringing India’s Most Rewarding UPI Experience for RuPay Credit Card Users

BENGALURU, India, Aug. 25, 2026 /PRNewswire/ — CheQ, India’s leading credit card management platform, today announced the launch of CheQ UPI, expanding its proposition from credit management into everyday digital payments. The new offering enables users to make seamless UPI payments using linked bank accounts and RuPay credit cards by scanning any UPI QR code across India’s merchant network.

With CheQ UPI, CheQ became the first platform to offer rewards on UPI payments made through RuPay-linked credit cards, bringing together the convenience of UPI, the benefits of credit card rewards and CheQ’s broader credit ecosystem in a single experience.

CheQ was built to help consumers get more from their credit – from credit card repayments and rewards to credit insights and AI-led products. With the launch of CheQ UPI, the company is taking that proposition beyond periodic credit management and into the everyday payment moments where consumers use their credit.

UPI has become an integral part of daily life in India, from paying at a neighbourhood kirana store or café to ordering groceries, dining out or shopping online. The integration of RuPay credit cards with UPI has further expanded the role of credit cards in these everyday transactions. CheQ UPI builds on this evolution with an experience designed specifically around the needs of credit card users.

Along with the speed, security and reliability users expect from every UPI payment, CheQ UPI is anchored by two standout propositions:

For CheQ AU RuPay Credit Card users:

• 2.5% rewards on all RuPay credit card UPI transactions, among the highest in the market.
• 12% rewards on CheQ Travel, Amazon, Flipkart, Zomato and BigBasket.
• 5% rewards across 10,000+ other merchants spanning travel, dining, online shopping and grocery.
• Rewards redeemable for travel bookings, gift cards and bill payments, all within CheQ.

For all other RuPay credit card users:

• 1.5% rewards on top of existing bank rewards, making CheQ the most rewarding RuPay UPI platform available today.
• Rewards redeemable directly against utility bills and credit card bills on CheQ.

The proposition is simple: if you own a RuPay credit card, CheQ gives you the most compelling reason to use it for everyday UPI payments, pairing a frictionless payment experience with the full weight of the CheQ ecosystem behind every transaction.

Aditya Soni, Founder & CEO, CheQ, said, “CheQ started with a simple ambition: to help people get more out of their credit. With CheQ UPI, we’re taking that ambition into something Indians do multiple times everyday — payments. CheQ UPI brings together the scale and simplicity of UPI with CheQ’s deep understanding of credit card users. We want CheQ to become the natural home for every RuPay credit card, seamless to pay with, rewarding to use, and fully integrated with how you manage your credit. This is a defining step for CheQ, moving from a platform people visit to manage their credit, to one they use every single day.“

CheQ UPI also deepens the CheQ ecosystem itself, uniting everyday payments, RuPay credit card usage, credit management and rewards into a single, connected experience.

The launch is a cornerstone of CheQ’s broader ambition of building India’s most comprehensive credit ecosystem helping the country’s fast-growing credit-active population not just manage credit better but derive greater value from it in everyday life.

For more information, visit https://cheq.one/

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Keypoint Intelligence Launches Why Buy Research Series Exploring How SMBs Purchase Print and Scanning Technology

New primary research examines how buyers across the US and EMEA research, evaluate, and purchase workplace technology

FAIRFIELD, N.J., Aug. 25, 2026 /PRNewswire/ — Keypoint Intelligence has announced the Why Buy Research Series, a new set of primary research studies examining how small and medium-sized business buyers research, evaluate, and purchase print and scanning technology across the US and EMEA.

Designed for printer and scanner manufacturers, retailers, e-tailers, and channel partners, the series provides an end-to-end view of the buyer journey, from initial research and product evaluation through purchase, setup, supplies, and post-sale engagement. The findings can help technology providers refine product positioning, strengthen marketing and sales strategies, and better understand the factors influencing purchase decisions.

The research shows that the SMB technology purchase journey varies considerably depending on the buyer. Company size, age, use case, and regional market differences can influence where customers begin their research, which brands they consider, where they ultimately make a purchase, and what they expect after the sale.

Across the print studies, digital discovery plays a central role. Buyers frequently turn to search engines, online reviews, retailer websites, and manufacturer content as they move toward a purchase decision. Practical considerations such as availability, ease of purchase, product performance, support, sustainability, and trust also influence the final choice.

Areas explored in the Why Buy Research Series include:

• Buyer personas and end-to-end purchase journeys
• Digital research, online reviews, and purchasing behavior
• Purchase triggers, product priorities, and brand consideration
• Channel preferences across marketplaces, retailers, OEMs, and resellers
• Sustainability and subscription considerations
• Regional differences between US, Western European, and UAE buyers
• Supplies and paper purchasing behavior
• Post-sale engagement and customer retention opportunities
• Scanner workflow requirements and productivity priorities

“Company size really emerged as the strongest structural driver of buyer behavior across the customer journey,” said Deborah Hawkins, Group Director of Keypoint Intelligence’s Workplace Team. “Our research suggests that the biggest behavioral differences occur by company size. That has important implications for how vendors approach segment messaging and create differentiated journeys for each buyer persona.”

The findings also highlight opportunities beyond the initial hardware transaction. In the US print study, buyers often continue purchasing supplies through channels they used earlier in their buying journey, while convenience is a leading factor when purchasing ink and toner. Paper follows a different pattern, with buyers placing greater emphasis on quality, compatibility, availability, and brand confidence.

The EMEA research points to additional regional differences. Buyer behavior in Western Europe and the UAE varies in areas such as expansion purchases, employer funding, sensitivity to promotions, and sustainability priorities. These differences show why manufacturers and channel partners need to adapt their approach to individual markets rather than relying on a single message across the region.

The Why Buy Research Series includes four research briefings covering print and dedicated scanning technology in the US and EMEA. Each briefing turns primary buyer research into practical insights for product, marketing, sales, and channel teams.

Organizations can also work with Keypoint Intelligence analysts on vendor-specific reviews of the research and explore ways to use the findings for sales enablement, thought leadership, marketing content, and other market-facing initiatives.

For more information or to request access to the research briefings, visit the Why Buy Research Series.

About Keypoint Intelligence

For more than 60 years, clients in the digital imaging industry have relied on Keypoint Intelligence for independent hands-on testing, lab data, and extensive market research to drive their product and sales success. Keypoint Intelligence has been recognized as the industry’s most trusted resource for unbiased information, analysis, and awards due to decades of analyst experience.

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Relativity Accelerates Enterprise AI Transformation with Google Cloud’s Gemini Enterprise for Legal

News Summary:

• RelativityOne now integrates with Google Cloud’s Gemini Enterprise for Legal through the Model Context Protocol (MCP).
• This integration enables shared users to accelerate enterprise workflows with increased speed and security.
• The MCP integration for Gemini Enterprise is another informed step toward strengthening the intuitive experience of the company’s AI platform for legal data intelligence, expanding the legal work it supports by bringing it to legal professionals where and how they work.

CHICAGO, Aug. 25, 2026 /PRNewswire/ — Relativity, a legal data intelligence company, today announced that its extensible AI platform for legal work, RelativityOne, now integrates with Google Cloud’s Gemini Enterprise for Legal through the Model Context Protocol (MCP). This integration enables shared users to accelerate enterprise workflows with increased speed and security.

This latest connection to the MCP has launched as part of Gemini Enterprise for Legal, an agentic solution purpose-built to meet the complex requirements and workflows of the legal industry. The MCP now connects to Gemini Enterprise, adding a conversational agentic execution layer on top of RelativityOne, letting system administrators—including litigation support teams, legal operations, service providers and developers—stand up new matters, align workspaces to the structure of their data, and manage access and workflows through natural language.

“Our goal in connecting RelativityOne directly to Gemini Enterprise for Legal is to make leveraging advanced AI both practical and actionable for legal teams,” said Chris Brown, President, Relativity. “This integration empowers users to orchestrate matters and workflows inside RelativityOne, their sensitive data never leaving the platform and the substantive analysis staying within Relativity aiR.”

“Legal teams need AI solutions that are powerful and deeply integrated into their trusted platforms,” said Satish Thomas, Vice President, Google Cloud. “This integration with RelativityOne brings the advanced reasoning and agentic capabilities of Gemini Enterprise directly into legal workflows, enabling firm and enterprise users to operate with greater speed, precision, and security.”

The MCP also delivers real-time insight into operations, surfacing usage patterns, reinforcing best practices and supporting more informed decisions across matters, clients and practice groups. That level of instant visibility can strengthen governance: teams can audit access, manage matter lifecycles and maintain a defensible posture with less risk of inadvertent disclosure.

The MCP integration for Gemini Enterprise is another informed step toward strengthening the intuitive experience of the company’s AI platform for legal data intelligence, expanding the legal work it supports by bringing it to legal professionals where and how they work. RelativityOne has long been a platform designed to be extended through APIs and a partner ecosystem. This Gemini Enterprise integration further empowers Relativity’s user community to manage and tailor their RelativityOne environments to meet their unique needs, simplify operational tasks and ultimately focus more time on the meaningful work that drives real outcomes.

Learn more about enabling the Gemini Enterprise connector in RelativityOne instance.

About Relativity

Relativity is a leading legal data intelligence company that builds technology to help users organize data, discover the truth, and act on it. Its extensible cloud platform, RelativityOne, transforms complex data into actionable insights at massive scale for litigation, investigations, regulatory inquiries, data breach responses, and other legal use cases. The world’s largest law firms and corporations, government agencies, and a robust network of channel partners rely on Relativity’s legal AI software to securely surface and manage the most relevant and impactful information in their matters. The company also expands access to technology by providing its platform at no cost to academic institutions through its Relativity Academic program and to organizations supporting pro bono legal work through its Justice for Change initiative.

CONTACT: PR@relativity.com

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Spinnaker Support Names Rex Young Chief Information Officer as Company Scales Global Operations

Veteran Tech Leader Brings 25-Plus Years of IT, Cybersecurity, and AI Experience to Modernize Platforms and Strengthen Security

DENVER, Colo., Aug. 25, 2026 /PRNewswire/ — Spinnaker Support, the third-party software support leader entrusted by 1,300+ global clients, today announced the appointment of Rex Young as Chief Information Officer (CIO). Reporting to CEO Matt Stava, Young will lead Spinnaker’s global technology strategy as the company expands to meet the accelerating global demand for Oracle, SAP, VMware, and PostgreSQL support.

Young’s mandate centers on modernizing the company’s technology platforms, strengthening its data and analytics capabilities, and enhancing cybersecurity. That work extends to Spinnaker’s AI strategy, building on tools like Navigator and Spinnaker Intelligence to speed issue resolution while hardening the security posture for every department. He will also partner closely with other leaders across the company to use technology in ways that improve operational efficiency, support customers, and enable smarter, data-driven decision-making.

“Our core technology capabilities shape how we operate and serve our customers,” said Matt Stava, CEO of Spinnaker Support. “Rex has spent his career turning complex technology environments into engines for growth. His experience modernizing platforms, strengthening security, and putting data and AI to work will help us deliver more for our customers.”

Young brings more than 25 years of executive technology leadership experience, including roles with private equity-backed software and technology companies. He most recently served as CIO and Chief Information Security Officer (CISO) at SambaSafety, where he led enterprise IT, information security, digital transformation, AI enablement, and large-scale modernization initiatives that supported the company’s growth. Earlier in his career, he served as CIO at LogRhythm.

“Spinnaker is growing fast, and that growth has to be matched by technology that scales with it,” said Young. “My focus is on simplifying how the business runs, so AI can do more than automate tasks. Done right, it strengthens security instead of expanding the attack surface, and gives our engineers faster answers instead of more noise. And this isn’t just internal IT. I want us building technology our customers benefit from directly, not only what keeps the lights on behind the scenes. That’s the foundation I want under Spinnaker as we grow. I look forward to partnering with Matt and the leadership team at a stage where the business has real momentum.”

Spinnaker carries a 94% customer satisfaction rating and support teams averaging more than 20 years of enterprise engineering experience. The last 12 months have brought a series of significant milestones:

• Revenue growth: Spinnaker is sustaining double-digit growth as enterprises increasingly turn to independent support for greater control and flexibility. Demand continues to accelerate across Oracle, SAP, and VMware practices, with expansion across both new and existing global customers.
• South Africa expansion: In March 2026, Spinnaker opened its South Africa office in partnership with African Rainbow Capital, establishing a regional delivery and engineering hub and extending the company’s global reach across Africa and sub-Saharan regions.
• VMware division growth: In response to Broadcom’s subscription licensing changes, the VMware practice has signed dozens of enterprise clients and announced indefinite support for organizations running vSphere 7 past Broadcom’s October 2025 end-of-support deadline.

About Spinnaker Support

Spinnaker Support delivers independent third-party support and expert services for Oracle, SAP, VMware, and PostgreSQL environments. Its global support and maintenance, and open-source modernization solutions help organizations run, optimize, and transform enterprise technology environments. It empowers customers to reduce vendor dependency and align technology strategies with business objectives. Spinnaker Support is trusted worldwide, including in highly regulated industries, giving organizations greater choice, control, and flexibility to unlock long-term value and transformation. For more information: www.spinnakersupport.com. Follow Spinnaker on LinkedIn.

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Utility Global Taps Erik Meuleman as Chief Technology Officer to Advance Proprietary H2Gen Commercialization

Industry veteran brings 20+ years of experience advancing decarbonization technologies from research to commercial deployment

HOUSTON, Aug. 25, 2026 /PRNewswire/ — Utility Global (“Utility”), a global company enabling economic industrial decarbonization, today announced the appointment of Erik Meuleman, Ph.D., as Chief Technology Officer. Meuleman joins Utility as the company continues rapid acceleration of its proprietary H2Gen® technology from proven technology into broad commercial deployment, bringing more than two decades of experience advancing separation and carbon capture technologies from early-stage research through commercial-ready systems.

Meuleman joins Utility from ION Clean Energy, where he served as CTO since 2016, leading the transformation of a research-driven carbon capture company into an integrated product development organization focused on commercial deployment. He grew ION’s engineering and science organization from six to 25 professionals with zero unplanned turnover and directed system-level optimization efforts that improved the cost of capture by 30 percent for capital expenditures and 15 percent for operating expenditures, while cutting solvent reclamation needs by a staggering 90 percent.

Previously, at Australia’s Commonwealth Scientific and Industrial Research Organisation, he led teams of up to 25 research engineers and scientists advancing carbon capture technologies from inception through pilot scale, supporting the development of more than 15 patents and four pilot plants. Earlier in his career, at the Netherlands Organization for Applied Scientific Research, he initiated and led the development of separation technologies, including new distillation and pervaporation systems, across multi-national research programs. Meuleman holds a Ph.D. in chemical engineering from the University of Twente in the Netherlands.

“Erik has spent two decades moving technology out of the lab and into industrial plants that run, which is exactly the discipline and leadership we need right now,” said Utility Chief Executive Officer Parker Meeks. “He’s built technology organizations from the ground up more than once, and we are looking forward to working with Erik to enhance our advanced technical team’s ability to accelerate the continued commercial deployment of our proprietary H2Gen around the world.”

Utility enables industrial companies to unlock value by extending the economic life of existing assets, eliminating or reducing emissions and accelerating progress toward their sustainability and decarbonization goals to support a cleaner environment for our communities and the world.

As Utility advances multiple commercial projects and expands its footprint across North America, Europe and Asia, Meuleman will lead the technology organization through this next stage of growth.

“What drew me to Utility is the combination of an exciting technology that already works at scale and a team ready to build real engineering discipline around it,” Meuleman said. “I’ve spent my career doing exactly that kind of work, closing the gap between what’s proven in demonstration and what a customer can actually run with extreme confidence at industrial scale.”

Utility Global is a portfolio company of Ara Partners, a global private equity and infrastructure firm decarbonizing the industrial economy.

About Utility Global  

Utility Global is an economic industrial decarbonization company. We transform industrial operations to reduce or eliminate emissions by converting water into clean hydrogen without electricity and off-gases into concentrated CO₂, all without requiring customers to replace existing assets. Utility creates value by extending the economic life of legacy assets. Our proprietary H2Gen® technology is commercially-deploying globally and ready for the rigorous demands of industrial operations. Utility combines deep technical innovation with a culture of curiosity, collaboration and purpose.

Utility is a portfolio company of Ara Partners, a global private equity and infrastructure firm that is decarbonizing the industrial economy. 

For more information on Utility’s solutions and services, visit www.utilityglobal.com

About Ara Partners

Founded in 2017, Ara Partners is a global private markets firm focused on decarbonizing the industrial economy. The firm invests in the middle market across three strategies: Private Equity, Infrastructure, and Energy. The firm scales commercially demonstrated decarbonization solutions, supports the businesses and infrastructure that enable their adoption, and reduces emissions at the source across the conventional energy value chain. Ara’s model combines investing, market and policy expertise, project execution and operational optimization, and rigorous carbon accounting to reduce emissions economically and unlock growth at an industrial scale. The firm operates from Houston, Boston, Dublin and Washington D.C., and, as of March 31, 2026, had approximately $8.2 billion in assets under management.

For more information about Ara Partners, please visit www.arapartners.com.

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CLO Virtual Fashion Resolves Major US Patent Infringement Case, Secures Settlement Against Style3D

NEW YORK, Aug. 25, 2026 /PRNewswire/ — CLO Virtual Fashion (“CLO”), the leading innovator in 3D garment design technologies, secured an agreement that concludes its U.S. patent infringement lawsuit against Zhejiang Lingdi Digital Technology Co., Ltd. (also known as Linctex), the company behind Style3D. The legal action, initiated in 2023, alleged that Linctex engaged in willful and unauthorized use of CLO’s patented technology. The lawsuit sought damages and injunctive relief to halt infringement of three of CLO’s patents in the U.S. As part of the resolution, Linctex has admitted that the accused Style3D Studio software infringes upon CLO’s asserted patents (U.S. Patent Nos. 10,733,773, 11,410,355 and 11,222,448). In addition, Linctex has also admitted that CLO’s asserted patents are valid and enforceable. Other terms of the settlement remain confidential.

For over 15 years, CLO has earned the trust of many industries – including fashion design, garment production, automotive, home goods, filmmaking, VFX and gaming among others – through a relentless commitment to research and development and a culture of innovation. To protect the company’s ideas and inventions, CLO maintains a substantial portfolio of patents and intellectual property across the globe, including in the United States, Europe, South Korea, and China. CLO remains unwavering in its commitment to the protection of its proprietary technology and intellectual property.

“CLO has spent years and invested substantial resources and energy into developing groundbreaking solutions that have revolutionized numerous industries,” said Simon Kim, CEO of CLO Virtual Fashion. “The protection of intellectual property is not just about our business; it’s about maintaining the value of great ideas and fostering an environment of fair competition and innovation that benefits everyone. In this age of digitization, it is vital to safeguard the work of creators and inventors to ensure the healthy and sustainable growth of industry. This outcome demonstrates our commitment to that principle and to our user community.”

Renowned for its user-centric development, CLO has empowered many industries to embrace 3D design. In 2024, the Company’s commitment to research and innovation was recognized when Co-Founder Jaden Oh was presented with an Academy Award for contributions to filmmaking through the development of CLO’s Marvelous Designer software. CLO is steadfast in continuously improving and innovating its products and services for its users and clients.

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KuMining Broadens Access to Proof-of-Work Infrastructure with KAS Cloud Mining

PROVIDENCIALES, Turks and Caicos Islands, Aug. 25, 2026 /PRNewswire/ — As Proof-of-Work mining becomes increasingly dependent on specialized hardware, energy resources and professional operations, direct participation remains out of reach for many individual users. KuMining, the cloud mining platform powered by global cryptocurrency exchange KuCoin, today announced the launch of KAS Cloud Mining, further expanding its multi-asset mining ecosystem and providing eligible users with a simpler way to access professional KAS mining infrastructure.

KAS is the native asset of Kaspa, a Proof-of-Work blockDAG network. As new KAS enters circulation through mining, access to hashrate allows users to participate in the network’s block production and security process, offering an alternative to purchasing the asset directly on the secondary market.

With KAS mining now primarily reliant on specialized ASIC hardware, users would otherwise need to purchase and transport equipment, secure suitable power and hosting, configure mining pools, and manage ongoing maintenance. KuMining brings these operational requirements together in a streamlined cloud mining experience, creating an accessible path between buying KAS and operating a physical mining setup.

Eligible users can select contracts ranging from 7 to 360 days and receive variable daily KAS mining output based on their purchased hashrate and applicable product rules. The pool-based model provides a more continuous and observable experience than probability-based solo mining, while removing the need to own or operate mining equipment.

KAS Cloud Mining also adopts KuMining’s “mine first, pay electricity later” model. Users pay the applicable hashrate fee upfront, while electricity charges are settled over time. This reduces initial cash requirements and provides greater cash-flow flexibility, without implying lower total mining costs.

“Mining should be accessible to anyone who wants to participate, not limited to those with the resources to purchase and operate specialized equipment,” said Jolie Du, Chief Operating Officer of KuMining. “By introducing KAS Cloud Mining, we are giving more users a simpler path into professional Proof-of-Work mining while taking another step in the expansion of KuMining’s multi-asset ecosystem. Our goal is to connect professional infrastructure with everyday users through a transparent and integrated experience.”

Integrated with KuCoin, KuMining enables users to receive and manage mining output without navigating separate mining pools, wallets and exchanges. The launch further extends KuMining’s Trade → Earn → Mine journey and reinforces its role as an accessible gateway to professional mining infrastructure.

KAS Cloud Mining is now available to eligible users here.

About KuMining

KuMining is a leading cloud mining platform developed by KuCoin, one of the world’s top cryptocurrency exchanges. Dedicated to democratizing mining, KuMining offers secure, efficient hashrate services to users globally, backed by cutting-edge infrastructure and seamless integration with KuCoin’s ecosystem.

Follow KuMining on X | Telegram

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Bybit Introduces Zero-Fee Apple Pay Crypto Purchases

DUBAI, UAE, Aug. 25, 2026 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is pleased to announce crypto purchases via Apple Pay will come with zero fees from now until September 24, 2026, offering a faster, more accessible, and affordable way to accumulate digital assets.

The offer spans 36 supported fiat currencies, allowing purchases using any eligible bank card linked to Apple Wallet. For a limited time, eligible Apple Pay purchases of 100 USDT or equivalent on Bybit will incur zero fees, benefiting new entrants to the crypto space and retail traders looking to adjust positions.

The purchase flow is designed for simplicity. Through Bybit One-Click Buy, eligible users can select a preferred cryptocurrency and payment currency, choose Apple Pay as the payment method, and complete a transaction in just a few steps, without the fee overhead for regular card-based crypto purchases.

No more transfers or long waiting time, now users simply need a bank card supported by their Apple Wallet to start their crypto journey. Compatible with Apple Pay and dozens of currencies, Bybit extends the speed and familiarity of Apple’s payment ecosystem to crypto purchases, allowing users to tap into the fast-moving world of digital assets within seconds.

The limited-time zero-fee feature further lowers the barrier to entry, making it easier and more cost-effective for users to acquire crypto without navigating complex funding processes or absorbing additional transaction costs.

Bybit is mission bound to expand accessible, low-friction payment options to everyone as it builds towards its New Financial Platform vision.

Terms and conditions, and an upper limit of the fees apply. For more details on eligibility, and potential restrictions, users may visit: Buy crypto with Apple Pay, now with zero fees.

#Bybit  / #NewFinancialPlatform 

About Bybit

Bybit is The New Financial Platform.

We believe every person should have access to every financial opportunity on earth. That’s why we’re building the first intelligent platform that connects anyone, anywhere to the world’s finance.

Trusted by more than 80 million users worldwide, Bybit brings together investing, trading, payments, and wealth-building in a single secure and intelligent ecosystem. Through the combination of AI-powered technology, deep global liquidity, robust security, and transparent operations, Bybit makes global finance more accessible, efficient, and empowering for everyone.

Built for everyone. Powered by intelligence. Open to the world.

Learn more at Bybit.com

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