NewPay 1.9.0 Officially Released, Enhancing the AB Ecosystem Wallet
March 7, 2025 – AB DAO has officially released NewPay 1.9.0, introducing key updates aimed at improving user experience and ecosystem functionality:
NEW tokens have been renamed to AB: All assets displayed in the wallet have been updated, with balances remaining unchanged.
Token Unlocking in DAO: PoS mining was terminated on February 1, 2025, and related earnings have been settled. Please unlock your tokens in the DAO as soon as possible.
The update is now available:
Android users: The update has been pushed. Google Play users should back up their wallets and download the latest version from the official website: https://ab.org/en/abwallet.
iOS users: The update has been submitted for review and will be available once the App Store approves.
In parallel, AB DAO has launched a global recall campaign, calling on 21,989 BEP2 NEW token holders to claim 65 million AB (formerly NEW, valued at approximately $1 million) and complete the cross-chain conversion to integrate into the AB ecosystem.
Global Recall: Resolving the BEP2 NEW-09E Asset Migration Issue
AB DAO previously issued BEP2 tokens (NEW-09E) on BNB Beacon Chain, but some users were unable to complete their cross-chain conversion before BNB Beacon Chain's shutdown, leaving 65,335,749.375 NEW stranded on the network.
AB DAO has worked closely with Binance’s technical team to ensure these assets are successfully migrated and adopted an approach based on the BNB Beacon Chain Token Recovery Tool to implement a dedicated cross-chain recall program.
>>Claim Details
·Total AB available for claim: 65,335,749.37
·Total affected holders: 21,989
·User distribution:
1. Holders with 1,000,000+ NEW: 8
2. Holders with 100,000+ NEW: 142
3. Holders with 10,000+ NEW: 725
4. Holders with 1,000+ NEW: 1,395
>> Check if your address is eligible: https://explorer.bnbchain.org/asset/holders/NEW-09E
NEW-09E to AB Cross-Chain Conversion in 5 Steps
1. Visit the cross-chain conversion page: https://new-09e-recover.ab.org and click "Connect Wallet" to link your wallet.
2. Enter the NEW format address of the AB chain.
3. Click the "Confirm Receiver Address & Next" button to invoke wallet signature.
4. Waiting for finalizing recovery (about 7 days).
5. Tokens recovered to your receiver address automatically.
>>Note
a. This process references the approach of the BNB Beacon Chain Token Recovery Tool and only supports BNB Chain Wallet and Trust Wallet Extension. Users using other wallets, such as the Trust Wallet App, need to first import them into BNB Chain Wallet or Trust Wallet Extension.
b. Only users with 101 NEW or more are supported for cross-chain transactions.
c. There will be a 100 NEW transaction fee for cross-chain operations.
d. The conversion will automatically swap all of a user's NEW-09E holdings into AB (Formerly NEW) in a single transaction. Please ensure your AB address is correct before proceeding.
AB DAO Ecosystem Continues to Expand
Users can now trade $AB on the following exchanges:
·Bitget (bitget.com)
·MEXC (mexc.com)
·BingX (bingx.com)
·HTX (htx.com)
·4E (eeee.com)
·Hotcoin (hotcoin.com) (Coming soon)
·BitMart (bitmart.com) (Coming soon)
AB DAO is actively expanding its global trading network, with plans to list on more exchanges, enhance ecosystem applications, and accelerate worldwide adoption.
>>Stay Updated with AB DAO
·Official Website:https://ab.org
·Telegram Community:https://t.me/Newtonproject
·Telegram Channel:https://t.me/AB202528
·X (Twitter):https://x.com/ABDAO_Global
·Discord:https://discord.gg/BSbgK6J
SC Ventures has invested in One Trading, boosting its role as Europe's first regulated platform for crypto perpetual futures. This investment, alongside increased stakes from existing investors, will support One Trading's launch of innovative crypto products under MiFID II regulations.
WeatherlyDisney+ Hotstar's new AI tool reduces data use by 25% for offline video downloads and increases watch time per gigabyte by 12.5% while maintaining video quality. The technology optimises data based on scene complexity and user habits, promising more efficient streaming.
AnaisEthereum is underperforming against Bitcoin and competitors like Solana, with its ETH/BTC ratio hitting a three-year low. Despite this, Bitwise CIO Matt Hougan views Ethereum's dominance in DeFi and stablecoins as a strong long-term investment opportunity, anticipating potential gains if regulatory clarity improves.
WeatherlyAnimoca Brands is considering Hong Kong for its upcoming IPO due to the city’s growing digital asset sector. Despite a drop in valuation from $5.9 billion to between $1.5 billion and $3 billion, the company is focused on expanding and has yet to set a firm IPO timeline.
AnaisBhutan has become a major Bitcoin player by mining 13,011 BTC, worth around $780 million, through a partnership with Bitdeer and using its hydropower resources. This mining initiative, which has boosted Bhutan’s capacity to 600 megawatts, represents a third of its GDP and reflects a strategic shift towards digital assets.
AnaisUSDT is trading at a 0.3% discount to the USD/CNY, meaning investors have been cashing out. Bitcoin prices are showing strength, but derivatives traders are skeptical that the momentum may not last.
AlexAndras Istvan Arato, known as "Hide The Pain Harold," is making waves at Token2049 in Singapore, where he’s a guest of Memeland and the NFT community Arc. From his origins as a stock image model, Arato has embraced his meme fame, leading to numerous public appearances and commercial opportunities.
WeatherlyBlackRock and Microsoft are launching a $30 billion AI investment fund, in collaboration with Global Infrastructure Partners, to support the growing demand for AI infrastructure. This fund aims to secure up to $70 billion in debt financing to build data centers and energy solutions necessary for advancing AI technology.
AnaisAt TOKEN2049 Singapore, Binance CEO Richard Teng discussed leading the company after founder CZ's imprisonment. Despite challenges, he expressed confidence in Binance's future, emphasizing its strong global team and community. Teng highlighted the importance of regulatory compliance as a competitive edge, particularly amidst evolving regulations and growing institutional adoption, such as ETFs.
CatherineLess than 50 days before the U.S. presidential election, Trump announced the official launch of the new financial revolution project World Liberty Financial, saying that cryptocurrency is a very powerful market. This move faces scrutiny from Democrats in the U.S. House of Representatives.
Miyuki