Lit Protocol SDK v7 Released with Major Updates and Improvements

Binance has officially rolled out support for the 0x address format for IoTeX (IOTX) deposits and withdrawals on its web platform and mobile app. This update marks an important step in the IoTeX chain's ongoing effort to simplify interoperability and align with the standard Ethereum-style "0x" format. After carefully evaluating tradeoffs, the IoTeX team proposed deprecating the legacy "io1" format through IIP-40: Deprecate io1 Address Format in late 2024. Following open community discussion, the proposal was approved, paving the way for consistent address handling across exchanges and ecosystems. Binance’s implementation represents a major milestone toward global standardization, improving cross-chain compatibility and user experience for IOTX holders worldwide. As part of this change, Binance users will now see the 0x version of their existing deposit addresses. No action is required, as deposits sent to the older "io1" version of the same address will continue to work seamlessly. When withdrawing IOTX, users can now enter either address format: 0x… (new format) or io1… (legacy format). Both address formats remain fully supported during the transition, ensuring uninterrupted use for all users and exchanges. To make conversion simple, the IoTeX team has released an Address Converter Tool on the IoTeX Hub, allowing anyone to instantly switch between io1 and 0x formats. This milestone marks a major step forward for the IoTeX chain. With Binance now supporting the 0x format, the largest exchange in the world sets the precedent for others to follow, accelerating the transition toward a unified ecosystem for the Real-World AI economy. Beyond simplifying user experience and integrations, this upgrade strengthens the IoTeX L1's foundation for the AI-powered, real-world economy, where data, devices, and digital assets interact seamlessly across chains. IoTeX is uniquely positioned to capture the multi-trillion-dollar AI and data economy, trusted by partners like Google, Samsung, and others.

DePIN Day, a premier global event series focused on Decentralized Physical Infrastructure Networks (DePIN), is set to make its Latin American debut on November 18, 2025, during Devconnect Week in Buenos Aires. Organized by Fluence, a cloudless computing platform, and co-hosted with the Filecoin Foundation, this significant event aims to unite innovators, investors, and thinkers who are at the forefront of decentralizing physical infrastructure. The event will delve into how crypto-incentivized systems are revolutionizing wireless networks, energy systems, sensors, computing, and storage, promising exciting announcements from the community. The lineup of speakers at DePIN Day Buenos Aires includes industry leaders such as Tom Trowbridge from Fluence, Juan Benet from Protocol Labs, and Dylan Bane from Messari, among others. These experts will discuss the transformative potential of DePIN in creating user-owned, transparent, and verifiable infrastructure. Clara Tsao from the Filecoin Foundation expressed enthusiasm for the event, highlighting its ability to bring together visionary founders who are rethinking industries through DePIN. Other attendees have echoed similar sentiments, noting the event's standout nature compared to other conferences. DePIN Day has established itself as a vital platform for discussing the evolution of decentralized infrastructure, with over 13 editions held globally in cities like Denver, Berlin, and Singapore. Supported by over 150 ecosystem partners, including Helium and Polygon, the event serves as a meeting point for thousands of builders, venture capitalists, and protocol teams. As the DePIN movement continues to grow, DePIN Day remains at the forefront, shaping the future of physical infrastructure through innovative discussions and collaborations.

Arweave (AR) has experienced a remarkable 25.5% price rally in the past 24 hours, significantly outperforming the broader cryptocurrency market and its peers within the Decentralised Physical Infrastructure Networks (DePIN) sector. This surge is attributed to a renewed interest in decentralised storage solutions, particularly following recent outages experienced by major cloud providers like AWS and Microsoft. As traders position themselves for a potential long-term breakout, the DePIN sector has seen a notable increase of 10.93%, with Arweave and Filecoin leading the charge, posting impressive weekly gains of 37.9% and 51.8%, respectively. This shift highlights the growing recognition of the risks associated with centralised storage systems and the advantages of Arweave's permanent storage model, which offers a censorship-resistant and immutable data layer. The recent Arweave Day Asia event has further fueled optimism around the AR price, showcasing the AO decentralised computing framework and introducing innovative tools such as “DevBot,” which enables the deployment of AI-generated decentralised applications on Arweave's network. This event has generated excitement among developers and investors alike, reinforcing Arweave's image as a versatile ecosystem. The demonstrations of dApp creation and network upgrades aimed at lowering barriers to decentralised development have attracted more developers interested in building AI-assisted applications that can live permanently on the Arweave network. This growing interest has contributed to sustained bullish sentiment, allowing AR to extend its gains despite a broader market slowdown. From a technical perspective, Arweave's price has broken through key resistance levels, indicating a bullish momentum. After surpassing the 23.6% Fibonacci retracement at $5.03 and the 30-day simple moving average at $4.22, AR now targets the next resistance level at $6.31. Analysts suggest that maintaining a price above $4.82 is crucial for sustaining this bullish structure, with potential targets ranging from $25.31 to $28.17 in the short term. Long-term projections remain optimistic, with forecasts suggesting that if market conditions align, AR could reach as high as $61.97 to $71.46. However, sustaining momentum within the $5.03–$6.31 range is critical as overall crypto liquidity declines.

DePIN Day, a premier global event series focused on Decentralized Physical Infrastructure Networks, is set to make its Latin American debut on November 18, 2025, during Devconnect Week in Buenos Aires. This significant event is organized by Fluence, a cloudless computing platform tailored for enterprise applications, and co-hosted with the Filecoin Foundation. The Buenos Aires edition aims to unite builders, thinkers, and investors who are pivotal in advancing the decentralized future of physical infrastructure, marking a new milestone for the DePIN movement in a fresh continent. The event will delve into how crypto-incentivized systems are transforming various sectors, including wireless networks, energy systems, sensors, compute, and storage. Attendees can anticipate groundbreaking announcements from the community, with a lineup featuring influential figures such as Tom Trowbridge from Fluence, Juan Benet from Protocol Labs, and many others who are unlocking a new era of user-owned and verifiable infrastructure. Industry leaders have expressed their enthusiasm, highlighting DePIN Day as a unique opportunity to rethink industries through decentralized infrastructure. DePIN Day has established itself as the leading conference series in the DePIN sector, with over 13 editions held globally in cities like Denver, Berlin, and Singapore. It serves as a vital meeting point for thousands of builders, venture capitalists, and protocol teams dedicated to reshaping the future of physical infrastructure. Supported by over 150 ecosystem partners and amplified by media collaborations, DePIN Day continues to foster discussions on how decentralized technologies can revolutionize global infrastructure, making it a must-attend event for those invested in the future of decentralized systems.

WeatherXM has unveiled an innovative initiative called the Beaver Collection, which combines the power of NFTs with real-world climate resilience. Each NFT represents a share in a deployable weather station, aimed at addressing the significant issue of weather data deserts—regions lacking reliable weather forecasts. The Beaver Collection pays homage to nature's original engineers, the beavers, who instinctively build systems to protect ecosystems from floods and droughts. By minting these NFTs, community members contribute to building a decentralized weather network that can provide critical data to farmers, businesses, and communities. The minting process for the Beaver NFTs will take place on the WeatherXM decentralized application (dApp) on the Base blockchain, using either $WXM or $USDC. Each NFT will fund a quarter of a real weather station, and minting will be available on a first-come, first-served basis. Once minted, these NFTs will not only represent ownership of a piece of weather infrastructure but also generate daily rewards in $WXM for their holders. This unique model allows NFT holders to stake their Beavers for enhanced yields, thereby creating a sustainable ecosystem that rewards participation and investment in climate resilience. Looking ahead, the secondary market for Beaver NFTs is set to open in 2026, allowing holders to trade their digital assets on major NFT marketplaces. Each Beaver carries its own history, including staking stats and reward records, making them valuable not just as art but as impactful contributions to weather data collection. With a total supply of 1,500 NFTs, WeatherXM aims to empower communities and transform how weather infrastructure is built and owned, fostering a collaborative approach to climate resilience. By minting a Beaver, individuals join a movement that seeks to fill the gaps in weather data and enhance preparedness for climate-related challenges.

In the evolving landscape of cryptocurrency, a new class of projects known as DePIN (Decentralized Physical Infrastructure Networks) is gaining traction. These projects are focused on rebuilding assets and utilities through blockchain technology, rewarding users for providing essential resources such as storage, computing power, and wireless coverage. Investors are increasingly viewing DePIN projects as promising opportunities with long-term potential, as they link digital networks with real-world assets, thus enhancing blockchain utility. Among the notable DePIN projects to watch in 2025 are Helium, Render Network, and Akash Network. Helium has established itself as a pioneer by enabling users to create decentralized wireless hotspots, earning HNT tokens in the process. Render Network offers a decentralized marketplace for GPU power, allowing individuals to monetize their unused resources while supporting creators with affordable rendering services. Similarly, Akash Network provides a decentralized alternative to traditional cloud providers, enabling users to lease computing power and earn AKT tokens, appealing to developers seeking cost-effective solutions for AI and Web3 applications. Other significant DePIN projects include Filecoin, Arweave, IoTeX, and DIMO. Filecoin revolutionizes cloud storage by creating a decentralized marketplace for renting unused space, while Arweave addresses the challenge of permanent data storage through a one-time payment model. IoTeX connects IoT devices to blockchain technology, ensuring user control over data, and DIMO transforms vehicles into connected data hubs, rewarding drivers for sharing secure car data. Collectively, these projects signify a shift towards decentralized infrastructure, empowering communities to profit from their contributions and marking DePIN as a key growth sector in the blockchain realm.