News linked to both this project and an event.
: Celestia Labs has announced the acquisition of Sovereign Labs, a developer of high-performance blockchain frameworks. Since 2021, Sovereign Labs has been deeply involved in the Celestia ecosystem, with its framework providing underlying support for projects such as the cross-chain bridge Relay Protocol and the high-performance perpetual contract trading platform Bullet. Following this acquisition, Celestia Labs' technical capabilities will extend from Layer 1 to the execution and application layers, positioning it as a full-stack custom blockchain development partner for enterprises. As projects like Hyperliquid, Polymarket, and Robinhood have chosen to build their own chains, enterprise demand for full-stack blockchain infrastructure is growing.
on-chain analyst Ai Yi posted on Platform X, stating that Memecoins are becoming the primary traffic gateway for Robinhood Chain. CASHCAT reached a market cap of $100 million within five hours, and Robinhood CEO @vladtenev participated in related discussions. Robinhood Chain saw over 10,000 new tokens launched in a single day, with DEX trading volume exceeding $560 million. Robinhood Chain is an L2 network. Users can add the network via wallets such as OKX, Binance, and MetaMask, with Chain ID 4663. The official Robinhood Wallet is available on iOS and Android mobile apps and features cross-chain functionality. Cross-chain methods on Robinhood Chain include the official cross-chain bridge, Robinhood Wallet, and third-party aggregators like Relay, Stargate, and Across. Withdrawals via the official cross-chain bridge have a 7-day waiting period. DEXs on the Robinhood Chain ecosystem include Uniswap and NOXA Fun. Meme tracking tools include DEXScreener and GMGN.
MNX, a decentralized futures exchange focused on the AI economy, has completed a $6.4 million funding round with participation from Village Global, Cambrian, Relay Digital, North Island Ventures, and others. MNX aims to build AI-native derivatives infrastructure, covering futures on GPU rental prices and data center electricity costs, valuation markets for private labs such as OpenAI, Anthropic, and DeepSeek, AI benchmarks and financial forecasting markets, as well as perpetual contracts for AI-related global equities. The platform supports leverage, portfolio margin, and batch auction for fair execution. Settlements are conducted in a fully non-custodial manner on MegaETH, with the mainnet scheduled to launch this summer.
According to the official announcement, to celebrate its fourth anniversary, Huobi Community launched the themed campaign “Four Years Together, Grateful for Your Presence” from May 19 to June 11, and unveiled the dedicated page “Community Co-Journey Archive.” This special page features four major sections: “Community Prophecy Highlights,” “Milestones of the Fourth Anniversary,” “Annual Data Report,” and “User Memory Wall,” enabling users to revisit top posts, trending topics, and the “Top Creators List” of the year. The themed campaign comprises four interactive activities: 1. **The “Oracle Challenge”** runs from May 20 to May 29. Every day at 11:00 a.m., the platform posts the day’s trending token in the campaign thread; users submit their prediction—“up” or “down”—for the next day’s price movement. Results are determined by comparing the Huobi HTX closing price at 11:59 p.m. against the opening price that day. Each day, 20 correct predictors are randomly selected to receive rewards. 2. **The “Wealth Story Submission Campaign”** runs from May 19 to June 7. Users can post stories about their personal experiences or investment insights under the hashtag #HuobiCommunity4thAnniversary# to compete for three tiers of awards, including the “Annual Story Award.” 3. **The “Fourth Anniversary Meme Relay Contest”** runs from May 20 to June 8. Users may post original memes, emoji packs, or humorous anecdotes in the comment section of the campaign thread; an official judging panel will select the top three “Meme Relay Champions.” 4. **“My First Time in the Community – Memory Collection”** launches concurrently. Users are invited to share their first comment, first article, or most memorable discussion on Huobi Community; selected submissions will be featured on the “User Memory Wall” section of the dedicated page.