Latest news with #Dolomite
Yahoo
12-06-2025
- Business
- Yahoo
Botanix Labs challenges Ethereum to cement Bitcoin as finance hub
Botanix Labs challenges Ethereum to cement Bitcoin as finance hub originally appeared on TheStreet. In an interview with TheStreet Roundtable, Alisia Painter, co-founder of Botanix Labs, outlined a plan to migrate decentralized finance from Ethereum onto Bitcoin — rebuilding Bitcoin's full financial stack on-chain to support its evolution from peer-to-peer cash to a global reserve asset. Painter noted that most DeFi today lives on Ethereum, yet Bitcoin holders have long lacked comparable on-chain options. 'Everything that we see in TradFi, we need to bring on-chain and we need to bring it to Bitcoin,' she said — framing Botanix's mission as a direct challenge to Ethereum's supremacy. She explained that institutions and everyday investors are eager both to hold and to earn yield on Bitcoin. 'They do not want to sell their Bitcoin,' Painter said — highlighting demand for collateralized lending and yield products native to Bitcoin rather than wrapped versions on other chains. Botanix's day-one offerings will include lending protocols comparable to Ethereum's largest platforms. 'You'll be able to use a lending protocol such as Dolomite, such as Aave in a few months, which are some of the largest lending protocols in Ethereum,' Painter said — enabling users to use their Bitcoin as collateral to borrow, effectively using Bitcoin as money. By contrast, current Bitcoin loans often rely on centralized exchanges or cross-chain bridges that introduce custodial or technical risk. Botanix's fully on-chain approach aims to keep all activity secure and aligned with Bitcoin's principles. Painter coined the term 'real Bitcoin yield' to describe returns generated entirely on Bitcoin's network. 'Whenever you bridge to another cryptocurrency, there is some risk,' she said — referring to the hacks and exploits that plague cross-chain bridges. Botanix's yield mechanism is based on transaction activity within its Bitcoin-native ecosystem. Users will stake Bitcoin directly and earn passive yield, paid in Bitcoin, without ever leaving the chain. Painter argued that most Bitcoin gains to date have come solely from price appreciation, asking, 'Why doesn't Bitcoin actually earn yield?' Painter says that by offering native on-chain lending and yield services, Botanix can draw DeFi users from Ethereum — solidifying Bitcoin's status as the main hub of decentralized finance. Botanix Labs challenges Ethereum to cement Bitcoin as finance hub first appeared on TheStreet on Jun 12, 2025 This story was originally reported by TheStreet on Jun 12, 2025, where it first appeared.
Business Upturn
24-04-2025
- Business
- Business Upturn
BYDFi Launches DOLO/USDT and INIT/USDT with a $10,000 Prize Pool
VICTORIA, Seychelles, April 24, 2025 (GLOBE NEWSWIRE) — The global crypto exchange BYDFi announced the official listing of Dolomite and Initia tokens, now available for spot trading under the pairs DOLO/USDT and INIT/USDT. To celebrate the launch, BYDFi has introduced a $10,000 prize pool, giving all participants the opportunity to earn rewards by trading. $DOLO: A Core Asset in the Berachain Ecosystem $DOLO is the native token of the Dolomite protocol, serving key functions in governance, liquidity incentives, and risk hedging. Dolomite is a decentralized finance (DeFi) platform built on Berachain that integrates a DEX module, enabling users to stake, lend, vote, and earn yield — all while maintaining full control of their assets, even when borrowing. Since its inception in 2018, Dolomite has become one of Berachain's leading lending protocols, known for its virtual liquidity model, multi-layered reward system, and cross-protocol compatibility. Its co-founder, Corey Caplan, now serves as the Head of Technical Strategy for the Trump-affiliated DeFi initiative World Liberty Financial (WLFI), helping evolve Dolomite's technical framework. The project has raised over $3.4 million from prominent investors, including Coinbase Ventures, NGC Ventures, and Polygon. $INIT: A Modular Layer 1 Built for the Future Initia ($INIT) is a modular Layer 1 blockchain powered by the Omnitia Consensus mechanism and built using the Initia Interwoven Stack. It is designed to overcome scalability limitations in traditional blockchains and enable seamless cross-chain interoperability and resource sharing. With innovations like Gas Abstraction and a dual-deflationary token model, Initia enhances overall performance and security while significantly lowering the user barrier to cross-chain operations. With innovations like Gas Abstraction and a dual-layer deflationary mechanism, INIT enhances performance, security, and cross-chain interoperability. Backed by leading VCs like Delphi Digital, Hack VC, and Theory Ventures, Initia has attracted over 5,000 developers, with a project valuation of $250 million. Multiple Rewards Now Live on BYDFi Starting today, users who trade DOLO/USDT and INIT/USDT on the BYDFi platform will not only have a chance to share in the $10,000 prize pool, but can also participate in the following limited-time bonus campaigns: More details are available on BYDFi's official platform. About BYDFi Founded in 2020, BYDFi has been recognized by Forbes as one of the Top 10 Global Crypto Exchanges and is officially listed on CoinMarketCap and CoinGecko. Serving users in 190+ countries, the platform is trusted by over 1,000,000 users worldwide. As an official sponsor of Token2049 in Dubai, BYDFi welcomes users and partners from around the world to connect in person and discuss the future of Web3. BYDFi is committed to delivering a world-class crypto trading experience for every user. BUIDL Your Dream Finance. Twitter( X ) | LinkedIn | Facebook | Telegram | YouTube Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same.
Sky News AU
22-04-2025
- Entertainment
- Sky News AU
MasterChef star Andy Allen and wife Alexandra purchase stunning Melbourne showcase home
MasterChef judge Andy Allen has purchased a show-stopping designer home in Melbourne's inner north after relocating back to Victoria's capital city from Sydney. Allen, 36, and his wife Alexandra reportedly dished up an eye-watering $3.85 million for the contemporary four-bedroom home in the trendy suburb of Northcote. According to a listing from agency Nelson Alexander, the 'landmark' home features soaring ceilings at the back and a sumptuous open plan living zone. The home is also complete with glass stacker doors perfect for resort-style alfresco entertaining, as well as a deluxe undercover deck and solar-heated in-ground pool. Other amenities include a two-zoned powder room, ducted reverse cycle air conditioning, video intercom, solid American oak floors and cabinetry, heated bathroom floors, and an oversized lock up garage with a 22kW car charger ideal for EV vehicles. Unsurprisingly, one of the home's main focal points is the airy kitchen complete with Smeg fixtures and stone surfaces, perfect for whipping up MasterChef-worthy meals. 'Dressed in Dolomite stone, the stunning gourmet kitchen has Smeg fixtures including two ovens, a double fridge/freezer, coffee machine, dishwasher, induction cooking and wine storage, plus a huge island with a breakfast bar and impressive butler's pantry,' the agency said. It is understood the Allens purchased the home in late December 2024. The celebrity chef first found fame as a contestant on MasterChef Australia in 2012, eventually winning the competition and launching a successful career as a restaurateur and host. He returned to the franchise in 2020 as a judge after Ten infamously axed Matt Preston, George Calombaris and Gary Mehigan in favour of Allen, Jock Zonfrillo and food critic Melissa Leong. Zonfrillo tragically died in 2023 shortly after completing production on the fifteenth series of the reality juggernaut, while Leong departed from the program later the same year. Allen is now preparing for his sixth season on the panel, with MasterChef: Back to Win returning to Channel 10 on April 28. The fan favourite will be joined by Poh Ling Yeow, Jean-Christophe Novelli and Sofia Levin on the judging panel.
Associated Press
17-04-2025
- Business
- Associated Press
Dolomite (CAS 16389-88-1) Industry Report 2025: Global and Regional Market Trends 2019-2024 and Forecasts 2025-2029 - Manufacturers, Market Prices, Patents, Down-stream Industries
DUBLIN--(BUSINESS WIRE)--Apr 17, 2025-- The 'Dolomite (CAS 16389-88-1) Industry Research 2025: Global and Regional Market Trends 2019-2024 and Forecast to 2029" report has been added to offering. This report on Dolomite provides comprehensive insights, including general information, synonyms, chemical composition, safety, hazards, handling, storage, and toxicological and ecological details, along with transport information. This in-depth study serves as a vital resource for understanding the Dolomite market landscape and its growth potential worldwide. It explores various applications and examines manufacturing methods, supported by an analysis of relevant patents. The global market analysis covers constraints, drivers, and opportunities from 2019 to 2024, supply and demand dynamics, suppliers and regional overviews across Europe, Asia, North America, and other regions. The report forecasts future trends and supply-demand scenarios up to 2029, with detailed market predictions by region. Additionally, it analyzes market prices across different regions and evaluates the end-use sectors for Dolomite. The Dolomite global market report covers the following key points: Key questions answered in the report: Key Topics Covered: 1. DOLOMITE 1.1. General information, synonyms 1.2. Composition, chemical structure 1.3. Safety information 1.4. Hazards identification 1.5. Handling and storage 1.6. Toxicological & ecological information 1.7. Transport information 2. DOLOMITE APPLICATIONS 3. DOLOMITE MANUFACTURING METHODS 4. DOLOMITE PATENTS 5. DOLOMITE WORLD MARKET ANALYSIS 5.1. Dolomite market constraints, drivers and opportunities in 2019-2024 5.2. Dolomite supply/demand in 2019-2024 5.3. Dolomite market overview by region - Europe, Asia, North America, etc. 6. MANUFACTURERS OF DOLOMITE 6.1. Dolomite manufacturers in Europe 6.2. Dolomite manufacturers in Asia 6.3. Dolomite manufacturers in North America 6.4. Dolomite manufacturers in RoW 7. SUPPLIERS OF DOLOMITE 7.1. Dolomite suppliers in Europe 7.2. Dolomite suppliers in Asia 7.3. Dolomite suppliers in North America 7.4. Dolomite suppliers in RoW 8. DOLOMITE WORLD MARKET FORECAST 8.1. Future trends in global Dolomite market 8.2. Dolomite supply/demand forecast to 2029 8.3. Dolomite market forecast to 2029 by region (Europe, Asia, North America, etc.) 9. DOLOMITE MARKET PRICES 9.1. Dolomite prices in Europe 9.2. Dolomite prices in Asia 9.3. Dolomite prices in North America 9.4. Dolomite prices in RoW 10. DOLOMITE END-USE SECTOR For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. View source version on CONTACT: Laura Wood, Senior Press Manager [email protected] For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900 KEYWORD: INDUSTRY KEYWORD: MINING/MINERALS NATURAL RESOURCES SOURCE: Research and Markets Copyright Business Wire 2025. PUB: 04/17/2025 09:28 AM/DISC: 04/17/2025 09:28 AM
Forbes
08-04-2025
- Science
- Forbes
Solving The Dolomite Problem
The Dolomite Mountains in South Tirol. The mineral Dolomite — a calcium-magnesium-carbonate — forms the dolostone landscape of the Dolomite mountains in Italy, the Niagara Escarpment between the U.S. and Canada, covers vast areas of the North American continent, the Iberian Peninsula, China, South Africa and is very abundant in marine sediments older than 100 million years with depositional thicknesses exceeding several hundred meters. Yet scientists have failed to grow significant amounts of dolomite in the laboratory. Under Earth's surface temperature and pressure conditions chemical effects hinder the incorporation of magnesium ions into the crystal structure, favoring the formation of pure calcium carbonate like calcite or aragonite. This finding aligns with geological observations indicating the scarcity of dolomite in contemporary sediments. This distinctive geological phenomenon, coupled with unsuccessful synthesis attempts, has given rise to the 'dolomite problem,' which has perplexed geologists for over two centuries. Three primary hypotheses have been proposed regarding the mechanisms of dolomite genesis: In 2023, a study using a combination of computer simulations and laboratory tests showed how repeated deposition of magnesium and calcium layers followed by dissolution of parts of the crystal, removing so the surplus calcium, can create stable dolomite near ambient conditions. Dolomite crystals in dolostone from the Dolomites. A new study published by Chinese researchers adds further evidence to this theory by constraining the formation temperature of dolomite from field samples. The research looked at magnesium isotopes and fluid inclusions recovered from a drill core obtained by drilling through a thick dolostone succession deposited between 500 to 400 million years ago in the Tarim Basin in Northwestern China. Thermodynamic theory predicts that the extent of isotopic fractionation of magnesium diminishes as temperature increases. At low temperatures, the most common magnesium in a dolomite crystal is isotope 26. At higher temperatures, two types of magnesium — isotope 26 and isotope 25 — are equally distributed in the crystal. In a similar way, the chemical composition of fluid inclusions — bubbles of liquids or gases trapped inside a solid crystal — reflect the temperature at the moment of their formation. The measurements and calculations show that most dolomite formed at temperatures from 45 to 189 degrees Celsius. Dolomitization starts in a near-surface environment as the carbonate sediment reacts with seawater under ambient conditions. Under shallow burial conditions, residual seawater trapped in the sediment continues to form dolomite at medium-high temperatures. Very hot hydrothermal fluids only play a role at medium to deep burial conditions. The important role of temperature in the dolomitization process also explains why dolomite is so rarely formed today. Most dolomite formed when temperatures across the world's oceans were higher, providing ideal conditions for the accumulation of thick deposits. As Earth's temperature dropped over the past 100 million years, dolomite was replaced by now common calcium minerals. The study, "Using Mg isotopes to constrain the formation temperature of dolomite," was published in the journal scientific reports.
