Mevolaxy expands asset list: SHIB, XLM, and XRP staking now available
Los Angeles, CA , July 18, 2025 (GLOBE NEWSWIRE) — Mevolaxy, a platform known for its high-yield MEV staking pools, has announced an expansion of its supported assets. Users can now earn rewards not only through staking existing currencies but also with SHIB, XLM, and XRP – significantly broadening investment opportunities and making the product more flexible and accessible.
Adding these assets is a key step in Mevolaxy's scaling strategy. Many investors prefer holding Shib, XLM, or Ripple (XRP), and now they can participate in MEV extraction without needing to swap their holdings. This lowers the entry barrier and simplifies platform engagement.
Additionally, all new assets are integrated into Mevolaxy's existing MEV bot infrastructure, ensuring profitability and stability remain consistent regardless of the chosen cryptocurrency.
What Is MEV Staking?
Unlike traditional staking, where rewards depend on network activity, MEV staking uses sandwich bots that profit from optimizing transaction ordering in the blockchain. Mevolaxy's bots employ strategies like 'sandwich attacks', allowing them to generate returns in any market condition even during low volatility.
What's Next?
According to the Mevolaxy team, this is just the beginning. Plans are underway to add support for more niche crypto assets. The team is also developing a mobile app and working on integrations with popular DeFi wallets.
Disclaimer: The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities.
Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same.
Ahmedabad Plane Crash
GlobeNewswire provides press release distribution services globally, with substantial operations in North America and Europe.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
25 minutes ago
- Yahoo
Top analyst predicts XRP could soar 430% in the near term
Top analyst predicts XRP could soar 430% in the near term originally appeared on TheStreet. XRP, the third-largest cryptocurrency, is among the best-performing digital assets this cycle, as it has soared around 80% over the span of a month. There are several factors behind XRP achieving such extraordinary momentum. There is, of course, the broader crypto market rally tied to the tailwind offered by Bitcoin's historic rally. Then, there are developments tied to Ripple, such as the banking license application and the launch of ProShares XRP futures exchange-traded fund (ETF). As per Kraken, XRP was trading at $3.51 at the time of writing, around 10% lower than its record high of $3.84 that it hit on Jan. 4, 2018. Join the discussion with CryptosRUs on Roundtable here. While most market analysts are hoping for the crypto asset to merely surpass its highest price, there is one analyst who can spot its value appreciating more than 400% soon enough. Ali Martinez, a crypto analyst who goes by the handle @ali_charts on X, shared XRP's price analysis chart on July 22. The analyst spotted XRP forming a symmetrical triangle pattern. Let's dig deeper into the technical analysis. The chart shows the upper and lower trendlines converge from late 2024 until July 2025, showing price consolidation. Next, Ali anticipates a price breakout, and since it is equal to the height of the triangle at its widest point, XRP is expected to hit $15 soon enough. Given its current price, the analyst is expecting XRP to soar around 430%. It's an extraordinary expectation. But then, the cryptocurrency has soared 470% over a year. Disclaimer: The content above is intended for informational purposes only and should not be taken as financial advice. Do your own research before investing. Top analyst predicts XRP could soar 430% in the near term first appeared on TheStreet on Jul 22, 2025 This story was originally reported by TheStreet on Jul 22, 2025, where it first appeared.
Business Upturn
an hour ago
- Business Upturn
LexisNexis Launches Protégé in Canada: A Secure, Personalized AI Assistant That Automates Legal Work and Amplifies Lawyer Productivity
Toronto, ON, July 22, 2025 (GLOBE NEWSWIRE) — LexisNexis® Legal & Professional, a leading global provider of AI-powered legal analytics and decision tools, today announces a range of enhancements to Lexis+ AI™ and the Canadian launch of LexisNexis Protégé™. This follows the successful launches of Protégé in the USA, Australia, and the UK. The personalized AI assistant intelligently supports legal practitioners in drafting, researching and advising their clients faster and more accurately, helping them focus on higher-value work. Built with the highest levels of security, compliance and privacy, Protégé is now available in the Lexis+ AI legal workflow solution and will soon be available in the Microsoft Word drafting solution, Lexis® Create+. Advertisement Developed responsibly with human oversight, the agentic AI capabilities in Protégé allow it to complete multi-step tasks, review its own output and suggest improvements, leaving lawyers free to focus on strategic work. Leveraging proprietary agentic and generative AI technology from LexisNexis, Protégé can: Draft full, tailored transactional documents. It can check its own work before turning to human legal professionals for a final review. Documents can be further edited directly in Lexis+ AI or in Microsoft Word. It can check its own work before turning to human legal professionals for a final review. Documents can be further edited directly in Lexis+ AI or in Microsoft Word. Produce fully drafted litigation materials with precision and consistency. It can create context-aware litigation drafts, such as motions, legal memos, arguments, and client correspondence. It can create context-aware litigation drafts, such as motions, legal memos, arguments, and client correspondence. Suggest legal workflow actions based on the type of documents uploaded (e.g. draft a memo, summarize). based on the type of documents uploaded (e.g. draft a memo, summarize). Provide prompt assistance, proactively suggesting refinements to queries to help the user accomplish their goals efficiently. proactively suggesting refinements to queries to help the user accomplish their goals efficiently. Store tens of thousands of legal documents to secure Vaults. On each Vault, users can perform numerous AI tasks to summarize, draft, research and more. On each Vault, users can perform numerous AI tasks to summarize, draft, research and more. Generate a graphical timeline of events from uploaded documents. 'At LexisNexis, we're committed to helping legal professionals across Canada achieve better outcomes through greater efficiency and smarter tools,' said Sam Puchala, President and General Manager of LexisNexis Canada 'Our goal is to equip every lawyer with a personalized AI assistant that enhances their daily work, and we're proud to bring that vision to life in Canada with our fully integrated, legal-grade AI platform.' Protégé can be tailored to each user by integrating with Document Management Systems (DMS). This allows users to query, extract clauses and draft from their firm or organization's knowledge base, making it easier to access and apply relevant precedents. Supported DMS integrations include iManage, SharePoint and others. Through a customer-driven innovation program, LexisNexis have developed Protégé by working closely with several Canadian customers across the industry. The LexisNexis global technology platform seamlessly integrates each wave of AI innovation, including extractive AI, which finds relevant results within data and provides deep insights; generative AI, which creates new content from data based on user-entered prompts or instruction; To learn more about LexisNexis Protégé capabilities, visit To learn more about Lexis+ AI, visit About LexisNexis Legal & Professional LexisNexis® Legal & Professional provides legal, regulatory, and business information and analytics that help customers increase their productivity, improve decision-making, achieve better outcomes, and advance the rule of law around the world. As a digital pioneer, the company was the first to bring legal and business information online with its Lexis® and Nexis® services. LexisNexis Legal & Professional, which serves customers in more than 150 countries with 11,800 employees worldwide, is part of RELX, a global provider of information-based analytics and decision tools for professional and business customers. Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same.
Business Upturn
an hour ago
- Business Upturn
DebitMyData™ Closes Oversubscribed Seed Round- Launches $1B Human Energy Grid Global Expansion
DebitMyData™ Logo FORT LAUDERDALE, Fla., July 22, 2025 (GLOBE NEWSWIRE) — DebitMyData™, Inc.—the powerhouse has closed a seed round at more than twice its original target. This surge of investor confidence paves the way for a bold, billion-dollar global rollout of DebitMyData™'s Human Energy Grid, setting a new standard for individual data ownership, ethical monetization, and human-centric AI innovation. Preparing to launch a U.S and global expansion round, DebitMyData™ is already attracting top-tier venture capitalists—some of whom previously backed OpenAI alumni Ilya Sutskever and Mira Murati. Their attention is now focused on founder Preska Thomas and her breakthrough vision for a decentralized, human-led future in Adtech, AI, cybersecurity, and digital sovereignty. 'We're advancing AI frameworks including Fuzzy Logic, ML, NLP, and robotic networks—but the Human Energy Grid ensures we embed ethics, skills, and human vision at the algorithmic core,' said Preska Thomas, Founder & CEO . Agentic Logos, Nodes, and Verified Digital Identity Integral to DebitMyData™ 's technology are Agentic Logos—cryptographically validated identity tools that combat fraud, impersonation, and deepfakes. Core LLM Features: Verified Ownership: Every identity is cryptographically bound to an authentic user or brand. Every identity is cryptographically bound to an authentic user or brand. Real-Time Security: Proprietary consensus mechanisms eliminate spoofing and fakes. Proprietary consensus mechanisms eliminate spoofing and fakes. Plug-and-Play APIs: Enterprises and large language models (LLMs) can easily verify and interface with Agentic Nodes. By embedding identity-driven trust into content and advertising, DebitMyData™ transforms audience engagement. Brands and individuals alike benefit from frictionless, permission-based experiences that foster credibility and prevent misuse. The Human Energy Grid: An Ethics-Powered Digital Ecosystem DebitMyData™'s signature innovation—the Human Energy Grid—places people at the center of the digital economy. Key Components: Digital Ownership: Users control and protect their digital footprints via DID-LLM (Digital Identity LLM). Users control and protect their digital footprints via DID-LLM (Digital Identity LLM). Agentic Avatars: AI agents trained and owned by users, supporting monetization through sponsorships, licensing, and personal branding. AI agents trained and owned by users, supporting monetization through sponsorships, licensing, and personal branding. Ethical AI Training: Decentralized Agentic Avatars contribute to safe, human-aligned AI development. Decentralized Agentic Avatars contribute to safe, human-aligned AI development. NFT-Backed Security: Blockchain-protected digital creations ensure transparent royalties and rights. Blockchain-protected digital creations ensure transparent royalties and rights. Quantum-Resistant Privacy: Federated learning and next-generation encryption secure all interactions. This ecosystem empowers individuals to earn from their data and digital identity, marking a shift from extractive models toward equitable participation in the digital economy. Global Expansion and Ecosystem Integration Building on its momentum, DebitMyData™ is launching a global initiative to: Open subsidiaries in the EU, Asia, and the Middle East Advance Agentic Avatar technology for LLMs, APIs, and user-controlled AI Partner with NFT platforms and creator-centric brands like AnimeGamer, MemeShorts ('The TikTok of America'), and Monetize YourSelfie The roadmap includes further integration across decentralized marketplaces for data, content, and avatar-based economies. Institutional & Government Alignment DebitMyData™ is engaged in advanced discussions with regulatory bodies, family offices, and public sector partners worldwide, reinforcing its commitment to compliance, transparency, and leadership in large-scale data solutions. Image by DebitMyData™ About DebitMyData™, Inc. DebitMyData™, Inc. enables users to reclaim, verify, and monetize their digital identities through Agentic Logos and Agentic Avatars. Its scalable platform ensures GDPR compliance and AI alignment via the Human Energy Grid and DID-LLM, meeting evolving demands in ethical AI, cybersecurity, and digital equity. 'This is our moment—not just to advance AI but to protect what makes us human. The Human Energy Grid ensures humanity stays present, empowered, and valued in the algorithms that shape the future,' said Preska Thomas, Founder & CEO. For more information, visit: Media Contact:Henry Cision(754) 315-2420 [email protected]
