Space and Time Archives - Coin Engineer

Grayscale Registers Space and Time Trust in Delaware

Yigit Taha OZTURK — Tue, 24 Jun 2025 08:30:06 +0000

The lines between traditional finance and digital assets continue to blur, with major players adapting quickly. In this rapidly evolving market, Grayscale has once again made a noteworthy move that underscores its long-term vision.

A Strategic Registration for the Future of Digital Trusts

According to sources cited by PANews, Grayscale has officially registered its Space and Time (SXT) Trust in the state of Delaware. This step is expected to create a well-structured legal framework, allowing the trust to operate efficiently and securely.

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The registration will likely pave the way for institutional investment in Space and Time tokens through a regulated structure.

A Diversified Approach to Crypto Investing

This development signals Grayscale’s continued efforts to broaden its digital asset portfolio. By moving beyond dominant assets like Bitcoin and Ethereum, the company is actively exploring newer and emerging projects.

With investor interest shifting toward regulated crypto products, Grayscale’s move may serve as a benchmark for future institutional participation in alternative tokens.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post Grayscale Registers Space and Time Trust in Delaware appeared first on Coin Engineer.

Space and Time Mainnet Launches With Support From Microsoft and More

Yigit Taha OZTURK — Thu, 08 May 2025 17:30:05 +0000

Space and Time, backed by Microsoft, has officially launched its permissionless mainnet to power crypto apps with ZK (zero-knowledge)-proven data infrastructure. Developed by MakeInfinite Labs, the platform allows developers to securely access historical, crosschain, and offchain data in a fast and decentralized way.

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Indexing data from major networks like Ethereum, the platform delivers it through a decentralized network of validators. Every data query is cryptographically verified via the Proof of SQL — a sub-second ZK coprocessor built to ensure tamper-proof transparency for smart contracts.

Big Players Are Already on Board: Microsoft, Chainlink, ZKsync…

According to co-founder Scott Dykstra, Space and Time is already being integrated by major institutions and cloud providers like Microsoft Azure, Google BigQuery, as well as leading crypto projects like Chainlink, Sui, and ZKsync. Developers can now securely connect cloud databases to smart contracts with cryptographic proofs.

The platform’s native utility token, SXT, is set to launch on May 8. As an open and permissionless network, the team encourages community members to join as validators and delegated stakers.

During its testnet phase, over 30 validators participated globally, including in the US, Europe, Asia, and Latin America.

Space and Time received strategic funding led by Microsoft in 2022, followed by a Series A round in 2024. MakeInfinite Labs, the core contributor, has also supported other notable projects such as Blitzar and the Chainlink DeFi Yield Index.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post Space and Time Mainnet Launches With Support From Microsoft and More appeared first on Coin Engineer.

Binance Launchpool Announces a New Project!

Yigit Taha OZTURK — Mon, 05 May 2025 14:46:41 +0000

Binance, one of the world’s largest crypto exchanges, has announced Space and Time (SXT) as its 69th Launchpool project. Backed by Microsoft, this blockchain project focuses on secure data processing using ZK (Zero-Knowledge) technology.

Users will be able to farm SXT for just 2 days by locking BNB, FDUSD, and USDC. The farming period starts on May 6, 2025, at 00:00 UTC. A total of 125,000,000 SXT will be distributed as Launchpool rewards, representing 2.5% of the total token supply.

SXT Listing on Binance Set for May 8

SXT will be listed on Binance starting May 8, 2025, at 13:00 UTC, with the following trading pairs: SXT/USDT, SXT/USDC, SXT/BNB, SXT/FDUSD, and SXT/TRY. The token will initially carry the Seed Tag designation.

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In addition, SXT will be available on Binance Alpha one hour prior to the official spot listing. Once spot trading opens, it will no longer be showcased on Binance Alpha.

With a total token supply of 5,000,000,000 SXT, the initial circulating supply will be 1,400,000,000 SXT (28%) at the time of listing.

Launchpool Participation Details

To participate in Launchpool, users must complete Binance KYC verification. The reward pool distribution is as follows:

For BNB lockers: 106,250,000 SXT in rewards (85%)
For FDUSD lockers: 6,250,000 SXT in rewards (5%)
For USDC lockers: 12,500,000 SXT in rewards (10%)

Maximum hourly cap per user:

BNB pool: 221,354 SXT
FDUSD pool: 13,020 SXT
USDC pool: 26,040 SXT

Farming period:

May 6, 2025, 00:00 UTC – May 7, 2025, 23:59 UTC (2 days).

The Launchpool web pages will go live approximately 12 hours before the farming begins. A detailed research report on SXT will also be released within 48 hours of this announcement.

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