Tag Archives: infrastructure

Napa Valley College’s $7.5 million solar field was once a model. Now it sits dead in the weeds

It was April 2006, and the mood was celebratory at Napa Valley College. A crowd had assembled to toast the school’s new solar field—5,600 photovoltaic panels arranged in neat rows across 5 acres of floodplain the school said couldn’t be used for much else beyond hay cultivation.

Solar installations are ubiquitous now, appearing on desert plains, winery properties, and carports. In 2006, they looked like the future. Rep. Mike Thompson addressed the onlookers that day, calling the project “a model and inspiration.” Then two students flipped a symbolic power switch, marking what was seen as the beginning of a new energy era for the campus.

At the time, the photovoltaic array was the fifth largest in the United States. The system could generate about 1.2 megawatts of power—roughly 40% of the campus’ electricity needs—with panels that automatically pivoted with the sun. Officials estimated it would shave about $300,000 a year from PG&E bills.

Napa Valley College (NVC) proudly featured the solar field on the cover of its 2005-06 Report to the Community. Accolades followed. A Korean TV crew came to film a segment in spring 2007, and the 2007-08 Napa County Grand Jury report commended the college for the solar installation as well as a new cooling system that worked by circulating chilled liquid, saying both could serve as national models for reducing emissions.

Some reports predicted a 25-year lifespan for the system. Others said 30. But roughly 15 years after that ribbon-cutting moment, the panels went dark. They now sit idle and overgrown with weeds.

### What happened to Napa Valley College’s $7.5 million solar field?

The answer points to a public institution unable to keep pace with a rapidly evolving industry and offers a cautionary tale for other energy innovators navigating the turbulent world of solar power.

### The Early Years

The project began with Measure N, a $133.8 million bond approved by voters in November 2002 to upgrade campus infrastructure, including a new library, performing arts center, and life sciences building. Among its goals: the installation of a photovoltaic system to reduce the school’s reliance on utility power.

By 2005, NVC had hired Berkeley-based solar energy company PowerLight to design and build the system at a cost of $7.5 million—$4 million from Measure N bond funds and $3.5 million from PG&E incentives. It was a full turnkey project, with PowerLight handling the engineering, procurement, and construction, then selling the completed system outright to the college once it was commissioned. Installation was completed the following year.

“*There may be like 100 people who understand this stuff. Napa Valley College is not in the 100,*” said Gopal Shanker, founder of Napa-based Récolte Energy.

In its proposal, PowerLight—which at the time called itself the most experienced solar system supplier—said the solar farm would save the college $9.1 million over 25 years and require “virtually no maintenance.” It offered a 25-year warranty on the panels.

Within a year, in January 2007, PowerLight was acquired by Silicon Valley-based solar panel manufacturer SunPower Corp., which inherited the project’s annual inspections and maintenance duties. For a while, everything seemed to work smoothly.

A 2013 college report on Measure N projects showed the array producing the promised 40% of campus electricity, cutting carbon emissions by about 600 tons per year. Then performance began to slip.

By 2017, output had fallen to about one-third of the campus’s needs, according to a facilities master plan from that year. Maintenance costs climbed as the system aged.

In 2018, SunPower discovered a fault in the wiring and charged the college $160,000 for repairs. By late that year, a report listed the array’s “useful life” as nearly expired, and administrators floated the idea of relocating it to rooftops or parking lots to free up the land.

### The Switch to Fuel Cells

As PG&E rates rose and solar output fell, the college sought other solutions. In August 2020, it entered into an agreement with San Jose-based Bloom Energy to install a fuel cell on campus.

The system runs on natural gas but converts it through a chemical reaction that’s more efficient and less polluting than burning fuel in a conventional generator. Installed in early 2021, the fuel cell was expected to save the college more than $3 million over 15 years. Bloom would own, operate, and maintain it, while the college paid for the energy it produced.

NVC spokesperson Jenna Sanders said the solar panels were decommissioned when the fuel cell came online because they had started leaking, posing a fire hazard. When the college sought repairs, she said, the company responsible for maintenance—SunPower—had gone out of business and was unavailable.

“The solar field was deactivated at some point and has not provided any electrical support to the campus in recent years,” she said. But Sanders offered no additional details, and without a clear timeline from the college or alignment between recent statements and older board records, it remains difficult to determine exactly when the panels were taken offline.

In a recording of the August 2020 board meeting, as then-assistant superintendent Bob Parker presented the fuel cell proposal for approval, he told the college’s board of trustees the solar field was still producing some of the campus’s daytime power. The fuel cell, he said, would augment the electricity produced by the solar field, not replace it.

Sanders said the college does not have information on the performance of the solar panels at that time. Up until February 2021, the college was making payments to SunPower for maintenance of the solar panels, documents show. Soon after that, they appear to have been deactivated.

Trustee Jason Kishineff said he doesn’t recall any discussion of the solar array since joining the board four years ago. Asked by The Press Democrat about the system’s performance and any records on its decommissioning, college officials said they had no information to share.

While a 2016 maintenance contract with SunPower promises annual performance reports, a public records request for any such documents did not yield any results.

### SunPower’s Fall and the College’s Loss

The college’s timeline regarding SunPower doesn’t seem to match the public record. The company spun off its manufacturing division in 2019 but continued operating its commercial and industrial installation units through early 2022, according to published reports. It didn’t file for bankruptcy until August 2024.

By 2022, Napa Valley College was trying to recover costs linked to the failing array, but those efforts fizzled.

“We ran into a buzz saw,” Assistant Superintendent James Reeves said at a district facilities committee meeting in March 2025. “They (SunPower) went bankrupt and now they’ve been dissolved.”

College representatives did not respond to questions about whether the school sought insurance coverage, warranty compensation, or reimbursement for the project’s losses.

After SunPower’s bankruptcy, another company, Complete Solar, acquired its brand and trademarks. The new company directs former SunPower customers seeking service or warranty help to outside lenders, leaving many—including Napa Valley College—without clear recourse.

### The ‘Solar Coaster’

In retrospect, it’s hard not to view Napa Valley College’s solar project as a failure. Yet some energy experts say the idea itself had merit.

“I quite like projects like the one you describe in Napa,” said Omer Karaduman, Center Fellow at the Stanford Institute for Economic Policy Research and at the Precourt Institute for Energy. “There are a lot of efficiencies you get by scaling the size of panels. Over around 1 megawatt, the scale works quite well. Without knowing the specifics of the project, I would say it sounds like a reasonable investment.”

And NVC isn’t the only public entity that struggled to adapt to problems that emerged in the solar industry, said Gopal Shanker, founder of Napa-based Récolte Energy and a renewable energy consultant for more than 20 years. He described a sector defined by shifting incentives, frequent bankruptcies, and layers of bureaucratic complexity from PG&E to the California Public Utilities Commission.

Industry insiders have a name for that volatility: “the solar coaster.”

“There may be like 100 people who understand this stuff,” Shanker said. “Napa Valley College is not in the 100. They have other things to do with their time. They’re trying to educate kids.”

He pointed to his work with Napa Valley Unified School District. The manufacturer that supplied the solar modules for district projects between 2010 and 2017—a Chinese company called Suntech Power—went out of business. So did the firm that made Napa Valley Unified’s inverters. And so did all three of the solar installers that built those systems.

“The burden of trying to figure out what all this means is falling on the person in charge of facilities, who in the middle of a meeting I’m having with him gets a call saying there’s an ant infestation in a classroom, and he’s got to run to solve that problem,” Shanker said.

The constant churn of technology and policy only adds to the chaos, he said.

“While we are developing a project, every morning I wake up and have to think, ‘OK, where have the goalposts moved today?’ Because the rules change while you are playing the game.”

When Napa Valley College installed its solar field, Shanker said, large arrays typically relied on powerful central inverters that controlled the entire system. Those inverters began failing after about a decade and have largely been replaced industry-wide by networks of smaller “string” or “micro” inverters.

As for the promised 25- to 30-year lifespans? Shanker said those projections became an industry mantra, repeated so often they were accepted as fact—even though they were “pulled out of thin air” by a solar module manufacturer in the late 1990s and early 2000s and not based on real data.

Karaduman agreed. While a 25- to 30-year lifespan has become the industry norm today, he said, that expectation wasn’t realistic in 2006.

“How long did they last? 10 to 15 years?” Karaduman said of the NVC panels. “I would say that’s pretty good.”

### The Road Ahead

More than a year ago, the college began exploring a new campus-wide solar project. San Francisco-based solar energy company ForeFront Power proposed two systems: a 2.7-megawatt array for the main campus and a 442-kilowatt version for the college’s River Trail Village housing complex.

At an August 2024 meeting, physics professor Joshua Murillo praised the college’s intent to reduce fossil fuel use but asked whether the original solar project met its goals and, if it didn’t, whether the barriers it faced were being addressed in the new proposal.

“As someone concerned with the long-term impact of fossil fuel usage, I fully support efforts to reduce our reliance on them,” he said. “However, as a taxpayer, I also want to ensure that the college is assessing these projects with due diligence.”

In the months that followed, administrators determined the Bloom Energy fuel cell already offset much of the school’s electricity costs. A change in PG&E regulations meant customers could export electricity to the grid from only one on-site power source. As a result, the college withdrew from its contract with ForeFront for the main campus.

ForeFront had also offered in January to dismantle the old solar array for about $1 million, but the college balked.

“Eventually, we’ll do an open bid to demolish it,” Reeves said in March. “I think it may have some salvage value. I’d like to get rid of it as much as anybody but for a million dollars, we have to take a closer look.”

The college still plans to salvage the panels but has no firm schedule.

Today, the panels no longer follow the sun. They stand motionless as grass and weeds grow high around them near the Napa Valley Vine Trail—rusting reminders of a dead project.

The college did not provide information about ongoing maintenance expenses or liability insurance coverage. More recently, officials said a consultant involved in the early years of the project has offered to help redesign it to export energy again. The college has just begun exploring this option.

Meanwhile, the college is also considering another bond measure to fund future construction and infrastructure—more than two decades after voters approved the one that built the first solar field.

Despite the original system’s failure to live up to its promise, at least one expert thinks Napa Valley College should consider returning to solar power. Panel costs have fallen about 90% since 2006, said Karaduman, the Stanford Institute fellow, while electricity rates continue to rise. The technology has also become far more efficient—enough that the college could generate three or four times as much power from the same 5 acres. And with advances in battery storage, NVC could now use the energy it produces instead of navigating strict regulations on exporting it to the grid.

“Building a solar field from scratch is hard,” Karaduman said. “You have to get permits and do all this due diligence. But since you already have a field there, and you have connection to me, this sounds like a no-brainer investment.”
https://www.mercurynews.com/2025/11/14/napa-valley-colleges-7-5-million-solar-field-was-once-a-model-now-it-sits-dead-in-the-weeds/

Visa Tests On-Chain Stablecoin Payouts for the Creator and Freelance Economy

Visa Introduces Stablecoin Payout Pilot to Simplify Payments for Businesses and Digital Creators

Visa, the global payments technology company founded in 1958, has launched an innovative stablecoin payout pilot designed to streamline payments for businesses, digital creators, freelancers, and gig workers. This new initiative enables businesses to send USD-backed stablecoin payouts directly to digital wallets, aiming to make transactions faster, more flexible, and accessible across borders.

Announced at Web Summit, the pilot program allows businesses using Visa Direct to fund payouts in traditional fiat currency. Recipients then have the option to receive their payments in USD-backed stablecoins such as USDC. This approach is especially beneficial for workers in markets grappling with currency volatility or limited banking infrastructure, providing them with greater control and reliability over how they receive funds.

Chris Newkirk, President of Commercial & Money Movement Solutions at Visa, explained the vision behind the rollout:
“Launching stablecoin payouts is about enabling truly universal access to money in minutes, not days, for anyone, anywhere in the world. Whether it’s a creator building a digital brand, a business reaching new global markets, or a freelancer working across borders, everyone benefits from faster, more flexible money movement.”

Supporting the Growing Creator Economy

Visa’s 2025 Economy Report sheds light on the challenges and priorities faced by the burgeoning creator economy. The report found that 26% of creators experienced negative impacts on content production due to payment delays, underscoring how timing can directly influence productivity and revenue streams. Additionally, 30% of respondents expressed a desire for card features that provide faster access to their earned funds, while 57% identified instant access to funds as their primary motivation for adopting digital payment methods.

Expanding Stablecoin-Powered Payments with Visa Direct

Furthering its exploration into stablecoin-powered solutions, Visa Direct launched a pilot program at SIBOS in September. This program enables businesses to pre-fund payouts using stablecoins, thereby increasing financial accessibility for Visa’s corporate clients and consumers worldwide.

Visa’s Growing Crypto and Stablecoin Footprint

As part of its broader digital assets strategy, Visa recently announced the expansion of its settlement infrastructure to support four new stablecoins across four blockchains: Stellar (XLM), Avalanche (AVAX), Ethereum (ETH), and Solana (SOL).

Since 2020, Visa’s platform has processed over $140 billion in crypto and stablecoin flows, including $100 billion in digital asset purchases and $35 billion in on-chain spending via Visa credentials. The company currently supports leading stablecoins such as USDC and Circle’s euro-backed EURC. Visa operates more than 130 stablecoin-linked card programs across 40 countries, maintaining an annualized settlement run rate exceeding $2.5 billion.

Strategic Partnerships and Market Position

Visa’s expansion plans include partnerships with key stablecoin issuers like Paxos, which facilitated the integration of PayPal’s digital dollar token (PYUSD) into Visa’s ecosystem in July. These collaborations position Visa to capitalize on the growing demand for programmable money, particularly in regions with limited access to traditional banking infrastructure.

The stablecoin market continues to mature, currently boasting a combined market capitalization of approximately $305.3 billion, despite a recent slight seven-day decline of $748 million. Tether (USDT) remains the dominant player, controlling over 60% of the total market.

With this stablecoin payout pilot and continued investments in digital asset infrastructure, Visa is demonstrating its commitment to enhancing global payment systems and supporting the evolving needs of businesses and creators worldwide.
https://bitcoinethereumnews.com/tech/visa-tests-on-chain-stablecoin-payouts-for-the-creator-and-freelance-economy/

Some States Could See Meteor Shower, Northern Lights at Same Time Wednesday

**Rare Celestial Show: Taurid Meteor Shower and Northern Lights May Appear Simultaneously Across Dozens of U.S. States**

*Wednesday night offers a unique astronomical event as viewers across many states could witness both the Taurid meteor shower and the Northern Lights—also known as the aurora borealis—potentially visible as far south as Alabama.*

### Why This Matters

The sky over the United States on Wednesday night presents a rare opportunity: the potential to see the aurora borealis at unusually low latitudes alongside the peak of the Taurid meteor shower. This exceptional event is driven by a severe geomagnetic storm caused by recent solar activity, setting the stage for millions to witness light displays typically reserved for northern regions.

According to the National Oceanic and Atmospheric Administration (NOAA), “While not unprecedented, it is quite unusual for the aurora to be visible at these low latitudes, probably only occurring once or twice per solar cycle.” The solar activity responsible involves Coronal Mass Ejections (CMEs) — bursts of solar wind and magnetic fields that can produce bright auroras and, in rare instances, push the northern lights far from the polar circles.

### Best Viewing Times and Conditions

Experts suggest the ideal window to witness the northern lights is between 10 p.m. and 2 a.m. local time. For the best experience, viewers should find dark, open areas away from city lights. Using long-exposure photography or smartphone cameras may help capture auroral colors and patterns invisible to the naked eye.

Adding to the spectacle, the Taurid meteor shower will peak Wednesday night, promising extra brilliance. Known for producing slow-moving fireballs, the Taurids are easier to spot even in areas with light pollution.

### States With the Highest Likelihood to See the Northern Lights

Based on NOAA forecasts and multiple reports, the following states have the highest probability of aurora visibility on Wednesday night:

– Alaska
– Washington
– Oregon
– Idaho
– Montana
– North Dakota
– South Dakota
– Minnesota
– Wisconsin
– Nebraska
– Michigan
– Illinois
– Iowa
– New York
– Maine
– Vermont
– New Hampshire
– Wyoming

Other states with possible, though lower, chances—especially under favorable conditions—include parts of:

– Nebraska
– Indiana
– Ohio
– Pennsylvania
– Massachusetts
– Colorado

Occasionally, during the strongest geomagnetic storm periods, the aurora may reach as far south as Alabama, California, Texas, Kentucky, and Virginia.

*Note:* Cloudy skies may hinder viewing efforts, so skywatchers are encouraged to check local weather forecasts before venturing out.

### Taurid Meteor Shower: What to Expect

The Taurid meteor shower peaks Wednesday night and is visible across the entire United States. It is famous for slow, bright meteors, sometimes called fireballs. This year, viewing conditions are especially favorable because the shower coincides with a last-quarter moon, resulting in darker skies.

The best time to observe Taurids runs from late evening through the pre-dawn hours, increasing your chances of catching a spectacular meteor streak across the sky.

### What Experts Are Saying

A spokesperson from the Space Weather Prediction Center (SWPC) told *Newsweek*:
“We don’t have any specific details on the Taurid meteor shower, but its activity peaks November 11-12. Some folks may be able to see both aurora and meteor showers tonight, assuming skies are favorable [clear].”

On social media platform X, the SWPC posted:
“G3 geomagnetic conditions are currently observed. G4 conditions with a chance for higher levels remain possible as another CME is expected to arrive midday (EST).”

Senior meteorologist Matthew Cappucci of MyRadarWX shared on X:
“A SEVERE (G4) or EXTREME (G5) geomagnetic storm remains POSSIBLE TONIGHT, Wednesday, November 12, 2025. Make plans now to hunt for the aurora borealis with your loved ones! This depends on the timing of the ‘grand finale’ CME, a magnetic shockwave. If it arrives too early, we might only catch the tail end of the storm at night. You could also witness a rogue Taurid meteor! The meteor shower doesn’t produce many meteors, but some sporadic, bright shooting stars may appear.”

### What to Do Next

For those eager to experience this extraordinary celestial event, keep an eye on updated weather and geomagnetic forecasts. Seek out dark, open locations far from artificial lights to enhance your viewing experience.

This convergence of the Taurid meteor shower and the Northern Lights offers a rare chance to witness two of nature’s most striking sky phenomena simultaneously.

### Impact on Technology

While this geomagnetic activity creates incredible viewing opportunities, it can also affect radio communications, GPS, and satellite operations. Although widespread disruptions are not guaranteed, observers and infrastructure managers should monitor updates from SWPC and local meteorological offices to stay informed.

Stay tuned and clear skies!
https://www.newsweek.com/some-states-could-see-meteor-shower-northern-lights-at-same-time-wednesday-11035647

FANZO enters U.S. market by acquiring The Sports TV Guide

**FANZO Expands into the U.S. Market with Acquisition of The Sports TV Guide**

LOS ANGELES — FANZO, the global sports bar finder and fan engagement platform, has taken a major step into the United States by acquiring The Sports TV Guide, a well-established communications channel for American sports bars and restaurants.

The London-based company announced the deal on Thursday, gaining direct access to The Sports TV Guide’s extensive nationwide network of bar and restaurant operators. This acquisition accelerates FANZO’s mission to transform how fans discover venues and engage with live sports outside the home, while providing the platform with a built-in customer base and brand credibility cultivated over more than two decades.

Since its launch, FANZO has raised $8.2 million and attracted over 6 million users in 2025. Today, more than 40,000 venues worldwide use the platform, which offers location-based sports discovery, fan engagement tools, and audience analytics.

For years, The Sports TV Guide has been a primary communication channel to thousands of U.S. venue decision-makers, including national hospitality chains such as Buffalo Wild Wings, Applebee’s, Twin Peaks, and TGI Fridays. FANZO plans to begin migrating these operators onto its international platform, melding strong local relationships with its global technology infrastructure.

“With this acquisition, we now have both the infrastructure and vision to bring a new era of fan engagement to the American sports bars market,” said FANZO co-founder Leo MacLehose. “Our goal is to unlock previously untapped value through measurable, authentic connections between fans, venues, brands, and rights holders.”

Andrew Jaffe, founder of The Sports TV Guide, described the move as a natural progression. “Joining forces with FANZO marks a powerful next chapter,” Jaffe said. “We’ve spent more than two decades building trusted relationships with venues across the U.S., and FANZO brings the technology and global vision to elevate that work.”

The United States represents a significant opportunity for FANZO. An estimated 153 million American fans watch sports in bars, restaurants, and pubs, yet no centralized platform currently links these fans with venues and brand partners at scale.

FANZO already operates in the U.K., France, Ireland, Germany, Australia, and New Zealand, collaborating with leading sports and media partners such as UEFA, World Rugby, Canal+, TNT, Diageo, Anheuser-Busch, and Joe Hand Promotions.

Lucien Boyer, founding partner at Inspiring Sport Capital, highlighted the strategic timing of FANZO’s U.S. expansion. “This is the perfect time for FANZO to enter the U.S. market, with the FIFA World Cup this summer and the Los Angeles Olympics in 2028,” Boyer said. “We are excited to welcome The Sports TV Guide team and support FANZO’s growth.”

This acquisition positions FANZO to become the premier platform connecting sports fans, venues, and brands across the United States, ushering in a new era of fan engagement at live sports venues nationwide.
https://www.thesportingtribune.com/2025/11/10/fanzo-enters-us-market

Risk assessment must evolve to navigate digital asset M&A

When a company acquires or merges with a digital asset business, they’re not just acquiring people, products, and intellectual property—they’re acquiring every onchain transaction that has ever occurred on that technology stack. These touchpoints could range from the mundane to high risk; from routine operational activity to exposure to sanctioned entities or opaque fund flows.

As traditional finance and digital asset markets continue to converge, mergers and acquisitions are gathering pace in both directions. Notable examples include Stripe’s $1.1 billion acquisition of crypto infrastructure company Bridge, and Ripple’s $1.25 billion purchase of prime brokerage Hidden Road. In 2024 alone, digital asset M&A volumes reached $15.8 billion, an incredible surge from just $1 billion in 2019.

In this converging market, digital footprints on the blockchain aren’t just background noise—they’re risk signals. Without proper onchain analysis, they can quickly become potential liabilities. Legacy frameworks, which focus on balance sheets, market position, leadership, and reputation factors, remain essential but don’t tell the whole story.

Without integrating traditional risk assessments with onchain data, businesses operate with an incomplete picture. This can be detrimental not just for the deal but also for wider trust and stability in the industry, especially when products are being developed at the nexus of fiat and crypto. That’s why today’s M&A deals require an evolved risk assessment.

### Onchain Data Is the Layer of Truth

Traditional risk assessments start with the fundamentals: order book depth, workforce structure and leadership stability, treasury and reserve transparency and reputation, as well as regulatory compliance—all central to traditional deal-making. However, this process alone is no longer sufficient for digital asset M&A.

Analyzing and understanding onchain data in combination with conventional methods is the only way to reveal certain risk pockets and operational red flags. In short, reconciling onchain insights with off-chain data is essential.

Consider this scenario: an assessment of a digital asset firm may pass standard reputational due diligence, with traditional compliance checks revealing no direct exposure to sanctioned jurisdictions or entities. These checks don’t account for the blockchain transactions’ decentralized or pseudonymous nature and may have no visibility into wallet transactions or previous DeFi activity.

Critical risks can be missed without integrating and analyzing onchain data. Historical transactions with high-risk wallets or protocols can indicate reputational and legal red flags. Mixers, for example, can be used as obfuscation tools to conceal the origin and destination of funds.

Further onchain analysis may uncover repeated treasury interactions with wallets tied to darknet marketplaces offering stolen data, money laundering services, or tools to conduct fraud. These onchain indicators represent more than compliance oversights; they introduce tangible reputational, financial, and legal risk, including potential penalties from regulators and other agencies.

This is just one example. Other onchain risk indicators can range from overexposure to a specific token to illiquid or highly concentrated positions, as seen with the collapse of crypto lender Celsius. Risks can also extend to unreliable technical infrastructure that could challenge future integrations.

Governance structure matters too. Onchain voting data can reveal which actors in an ecosystem truly direct and make decisions about the blockchain, further informing actual ownership and corporate structure.

### The Limits of Onchain Data Alone

Despite its apparent benefits, onchain data alone can miss critical off-chain exposures. In 2022, FTX appeared healthy. Blockchain data could have flagged certain risks like low liquidity in its token FTT, or the movement of large sums between FTX and Alameda Research. Still, it wouldn’t have revealed the core fraud—the commingling of customer funds by Sam Bankman-Fried and the false claim of solvency.

### Moving Toward a Hybrid, Holistic Approach

To understand the risks and opportunities in a digital asset M&A, off-chain data must supplement onchain risk signals to achieve a flexible and evolved risk management framework. This is the only way to adequately equip businesses to assess and identify risks originating from M&As.

Most importantly, this hybrid approach doesn’t replace legacy frameworks—it enhances them. A recent EY report found that 83% of institutional investors plan to increase allocations to digital assets. With that level of interest comes greater pressure to apply rigorous, fit-for-purpose oversight.

Data-first due diligence, combining onchain and off-chain signals, will be essential for assessing counterparties, managing integration, and safeguarding long-term value.

Trust remains the linchpin of successful M&A. Blockchain, with its immutable trails, is a powerful tool for building, confirming, and maintaining this trust. But this can only be achieved if the right data is being used and the right questions are being asked.

The future of finance depends on our ability to bridge old and new systems. That means evolving how we see and manage risks—meeting transparency with intelligence.
https://bitcoinethereumnews.com/tech/risk-assessment-must-evolve-to-navigate-digital-asset-ma/

In Spite Of What The IEA Says Let Hydropower Be Forgotten

While I appreciate the work of the International Energy Agency (IEA) and often use their data in my analysis, I must respectfully disagree in the strongest terms with the Executive Director and his views on hydropower.

In his commentary, “Hydropower is still ‘the forgotten giant of electricity’ and that needs to change,” Executive Director Fatih Birol begins by reflecting on a report the IEA released four years ago. That report lamented the exclusion of hydro in conversations about expanding energy infrastructure and provided steps to remedy this supposed problem.

For those of us with firsthand experience of the devastation caused by hydropower dams, the points he glosses over so generally are, in fact, the primary causes of concern and deserve more attention.

With all respect to the Executive Director, I hope that in another four years’ time hydropower will indeed be the forgotten giant of electricity.

I’ve been a conservationist for decades and have direct experience in development. Working on the ground has given me a perspective that I fear the Executive Director lacks.

Not until the last paragraph of his commentary does he mention sustainability—and when he does, it’s only two sentences. He discusses sustainability mainly as a public perception problem that must be addressed, not as a real issue in itself.

Fluctuating rain conditions due to climate change are mentioned, but there is no acknowledgment of the deforestation caused by dams, nor the rainfall fluctuations caused by this deforestation.

It’s easy to say that sustainability must be prioritized when building dam projects, but what does this mean in practice? Dams cause devastation wherever they’re built, and to call them clean energy is categorically incorrect. Future reforms in energy policy will surely address this error.

In tropical countries with dwindling forests, these dams directly destroy large swaths of forest and replace them with methane-spewing reservoirs, turning carbon sinks into carbon emitters.

An important point of distinction where I agree with the Executive Director is Pumped Storage Hydropower (PSH).

For storing energy while keeping our forests intact, I advocate for the targeted use of Pumped Storage Hydropower. We can use gravity and potential energy to build giant water batteries and keep rare minerals for other applications.

While PSH does require some space, it’s not as inherently damaging to forests as traditional hydropower dams.

We should decouple them mentally because, besides water, they have little in common.

Pumped Storage Hydropower is an energy storage system that continues to be proven useful, whereas hydropower dams are outdated and dangerous forms of generating electricity that serve no useful purpose.

PSH has been around for over a century and is well established.

I’m proposing that we continue to use PSH for storage in conjunction with clean variable energy sources like wind and solar so that we can phase out the destructive hydroelectric dams that have been a scourge to developing countries.

In spite of what the Executive Director claims, hydro projects do not bring equitable or sustainable economic development.

Hydropower dams and their reservoirs destroy thousands of hectares of forest. They turn carbon sinks into carbon emitters in tropical countries, as continued research shows.

This deforestation has a compounding effect that’s directly caused by forest destruction—the effect on rainfall and water scarcity.

Without forests to bring in, capture, and then release this rainfall, inland areas are subjected to droughts and torrents.

The depletion of regional rainfall has been observed in deforested areas, and dams have witnessed the impacts of this dryness on their productivity. Some have closed, and many now have significantly reduced capacity.

As a method of generating power or storing water for irrigation, traditional hydropower dams are self-defeating.

On the other hand, pumped storage hydro provides around 90% of global long-duration energy storage capacity and has been fit for purpose since 1907.

The smart use of pumped storage hydro can have a place in our future energy landscape.

Traditional hydropower dams do not have a place in our net-zero-by-2050 future.
https://bitcoinethereumnews.com/finance/in-spite-of-what-the-iea-says-let-hydropower-be-forgotten/

Dogecoin Price Prediction: AI Trading Bots Explode as DeepSnitch AI Network Ships Tools With 100x Potential

**AI-Powered Trading Bots Are Flooding Crypto Markets: What Traders Need to Know**

AI trading bots are rapidly infiltrating crypto markets, stirring excitement and caution among traders eager to automate strategies. While these tools promise to revolutionize trading, experts warn that most fail to outperform market benchmarks in real-world scenarios. As regulatory pressure mounts, the EU is considering delaying its AI Act rollout, giving AI projects—including those fueling crypto innovation—additional breathing room.

## AI Bots Surge, But Experts Urge Caution

AI trading tools are catching the crypto world’s attention, but there’s a growing disconnect between trader expectations and actual results. Brett Singer from Glassnode emphasizes that the primary advantage of these bots isn’t magical profit-making predictions, but sheer data-processing speed. Advanced models can sift through massive databases and shape trading strategies in days. However, in real market conditions, most bots still falter in beating the market.

Meanwhile, the European Commission is considering a simplification package for its AI Act, which could grant generative AI providers a one-year grace period before fines apply. This move, pressured by US Big Tech firms, raises concerns that stringent regulation could stifle crypto innovation in Europe.

Recent security incidents have further highlighted the importance of robust infrastructure. After the Bybit hack in February—where over $1.5 billion in Ethereum was stolen—Ethereum rearchitected its systems to combat threats stemming from smart contract vulnerabilities and sophisticated social engineering attacks. The need for effective AI tools and security solutions is higher than ever; most generic bots and weak infrastructure still fail to deliver reliable market advantages.

## Meme Coin Momentum: Dogecoin and Pepe Price Outlook

### Dogecoin Price Prediction

Dogecoin (DOGE) continues to attract attention as a meme-fueled token with undeniable brand power. Currently trading just below $0.18, DOGE is up about 9% since November 6th, with daily trading volume near $3 billion. Technical models suggest the price could climb toward $0.19 by early December, a potential 13% gain. The Relative Strength Index (RSI) is near 33, indicating DOGE is close to oversold territory, yet sentiment remains cautious with the Fear & Greed Index at “Extreme Fear” (24).

Dogecoin’s upside is largely sentiment-driven, tied closely to Elon Musk’s involvement and its vibrant meme community. Despite its stability, DOGE’s enormous market cap can constrain explosive growth. The coin remains more of a sentiment play than a utility asset, with its medium- and long-term future dependent on internet culture and ongoing high-profile endorsements.

### Pepe Price Prediction

Pepe (PEPE) is priced around $0.000006, having jumped nearly 11% in the past 24 hours. That said, technical indicators are flashing bearish signals—Extreme Fear at 24, with forecasts predicting a drop of over 25% to around $0.000004 by December 7th. PEPE has shown significant volatility: about 47% green days in the last month, with a 30-day range between $0.000005 and $0.000010.

Looking ahead to 2025, forecasts suggest PEPE could remain stuck between $0.000004 and $0.000006, likely averaging a 5% loss from current levels. The coin’s appeal lies in its volatility and meme status, offering short-term trading opportunities but lacking real utility.

## DeepSnitch AI: A New Class of Crypto Intelligence

While most AI trading bots are little more than repurposed chatbots, DeepSnitch AI sets itself apart. It features five unique agents (“snitches”) built by expert on-chain analysts to tackle retail trading’s biggest pain points:

– **SnitchScan:** Reviews tokens for safety based on on-chain metrics, contract age, liquidity locks, and rug-pull indicators.
– **SnitchCast:** Delivers real-time insights from top alpha channels directly to Telegram.
– **AuditSnitch:** Conducts instant contract audits to flag risks often missed by retail traders.
– **SnitchFeed:** Handles real-time whale tracking and market sentiment analysis.

DeepSnitch AI is operational—these are not just theoretical tools or vaporware promises. With a $504K raise and a live network, it’s actively addressing the information asymmetry that typically leaves retail investors trailing behind whales.

The recent Bybit hack showcased the devastating impact of security gaps, and DeepSnitch AI’s contract audit features directly help prevent similar scenarios.

Most bots struggle to adapt to changing market conditions, but DeepSnitch’s specialized agents provide the flexibility and intelligence needed to keep traders ahead of the curve. It’s also priced attractively at $0.02200 per token, offering a low starting point for potential upside.

## Why DeepSnitch AI Stands Out

Experts continue to warn: AI bots aren’t money printers. However, intelligence platforms that can surface actionable information faster than competitors do offer significant advantages. For example, Dogecoin recently surged 9% in 24 hours because traders reacted quickly to signals—signals DeepSnitch makes accessible to all, not just whales with custom dashboards.

While meme coins like DOGE and PEPE capture headlines and wild price swings, DeepSnitch AI brings credibility, utility, and long-term potential to the table. Its working product and audited contracts give it more room to run compared to speculative meme tokens.

## Verdict: Hype vs. Utility

Meme coins like PEPE and DOGE will continue to fuel short-term volatility and momentum trades. However, neither offers the utility or groundwork needed to justify 100x returns from current valuations. In contrast, DeepSnitch AI provides meaningful utility for traders, addressing real market problems and closing the information gap that has long favored whales and insiders.

Visit the [DeepSnitch AI website](#) to join the presale, and follow their [X (Twitter)](#) and [Telegram](#) channels for the latest updates.

## FAQs

**What is the Dogecoin price prediction for December 2025?**
Technical forecasts suggest DOGE could rise to around $0.19 by December 7th, reflecting a roughly 13% gain from current levels. However, sentiment remains bearish, so further upside depends on renewed buying pressure.

**Why is DeepSnitch AI better than standard AI trading bots?**
Most bots are generic chatbots ill-equipped for real market conditions. DeepSnitch AI provides five specialized agents for crypto surveillance—whale tracking, contract audits, and alpha aggregation—offering superior intelligence tools built for crypto markets.

**Can PEPE reach $0.00001 in 2025?**
Current forecasts predict PEPE will drop over 25% to around $0.000004 by December 7th, so a move to $0.00001 seems unlikely without a major catalyst. For greater upside, consider projects like DeepSnitch AI, priced at $0.02200 in Stage 2.

*Disclaimer: This article is for informational purposes only and does not constitute financial advice. Conduct your own research before investing in any cryptocurrency or AI-based trading platform.*
https://bitcoinethereumnews.com/tech/dogecoin-price-prediction-ai-trading-bots-explode-as-deepsnitch-ai-network-ships-tools-with-100x-potential/

ETH2 Beacon Deposit Contract Now Controls 60% Of All Ethereum: Arkham

**Arkham Intelligence Reveals Ethereum’s Largest ETH Holders: Staking Contract Leads the Pack**

New on-chain research from Arkham Intelligence this week reveals that the wallet address holding the most ETH today is neither an individual, nor an exchange, nor an ETF issuer—but the staking contract that secures the Ethereum network.

According to Arkham, the ETH2 Beacon Deposit Contract currently holds more than 72.4 million ETH, worth around $252 billion at current market prices. This staggering amount represents approximately 60% of Ethereum’s total supply, underscoring the critical role of staking in the network’s security and operation.

### Largest Individual ETH Holders

In terms of individual ownership, the research confirms that the largest known individual holder of ETH is Rain Lohmus, the founder of the Estonian bank LHV. Lohmus purchased 250,000 ETH in the 2014 presale for roughly $75,000. Today, those coins would be worth approximately $871 million. However, he no longer has access to them as he lost the private keys years ago.

The second largest identifiable individual holder is Ethereum co-founder Vitalik Buterin, who currently holds around 240,000 ETH. This amount is valued at about $840 million.

### Institutional Holders and Exchanges

Beyond individuals, centralized exchanges and institutional entities collectively control some of the largest ETH pools:

– **Binance** holds approximately 4.09 million ETH.
– **BlackRock**, the asset manager, owns around 3.94 million ETH, primarily associated with its iShares Ethereum Trust ETF.
– **Coinbase** follows closely, with around 3.5 million ETH spread across multiple addresses, including cold wallets and staking reserves for its cbETH staking token.
– **Bitfinex** also appears among the top institutional holders.

### Government Seized Funds and Stolen ETH

Arkham’s research also highlights government holdings. For example, the United States government controls about 60,000 ETH, mainly consisting of seized criminal funds. These include funds from the Potapenko/Turogin case and seizures related to the Bitfinex hacker incident.

High-profile hacker wallets remain significant holders as well. Notably, the wallet controlled by the Gatecoin exploiter still holds more than 156,000 ETH stolen back in 2016.

### Wrapped Ether (WETH) and Layer-2 Bridges

On the infrastructure side, the Wrapped Ether (WETH) contract holds over 2.2 million ETH. This supply represents WETH minted to make ETH compatible with the ERC-20 token standard.

Native Layer-2 bridges also account for substantial locked ETH balances:

– Arbitrum’s native bridge has approximately 833,000 ETH deposited.
– Base’s bridge holds around 723,000 ETH.

### Summary

Overall, the latest on-chain data from Arkham Intelligence identifies staking contracts, exchanges, ETF issuers, bridges, and custody platforms as the largest known entities holding Ether today. These insights provide a clearer picture of Ethereum’s distribution landscape and the key players supporting its ecosystem.
https://bitcoinethereumnews.com/ethereum/eth2-beacon-deposit-contract-now-controls-60-of-all-ethereum-arkham/

Lloyds Banking Group plc (LYG) Discusses Digital and AI Strategy, Infrastructure Enhancements, and Future Opportunities – Slideshow

**Lloyds Banking Group plc (LYG) Discusses Digital and AI Strategy, Infrastructure Enhancements, and Future Opportunities**

The following slide deck was published by Lloyds Banking Group plc in conjunction with their recent event, highlighting key aspects of their digital and artificial intelligence strategy, infrastructure improvements, and future growth opportunities.

This article was prepared by the Seeking Alpha Transcripts team, who oversee the development of all transcript-related projects on our platform. We currently publish thousands of quarterly earnings call transcripts each quarter and continue to expand our coverage to better serve our readers.

The purpose of this profile is to keep you informed about the latest transcript-related developments from Seeking Alpha.

Thank you for your continued support.

— The Seeking Alpha Transcripts Team

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https://seekingalpha.com/article/4840836-lloyds-banking-group-plc-lyg-discusses-digital-and-ai-strategy-infrastructure-enhancements?source=feed_all_articles

Next 100x Cryptos in 2025? BullZilla ($BZIL), XRP, and Solana (SOL) Are Powering the Bull Run Ahead

**Explore BullZilla, XRP, and Solana: The Next 100x Cryptos in 2025 with Massive ROI and Bullish Market Momentum**

They say laughter is the best hedge against volatility, especially when portfolios swing wildly on crypto’s roller coaster. As 2025 unfolds, XRP and Solana dominate headlines with groundbreaking partnerships and massive institutional inflows shaking global sentiment.

Bitcoin ETFs continue attracting record liquidity, while Federal Reserve rate-cut optimism and easing regulations add renewed strength to the digital economy. These catalysts are restoring investor confidence and sparking a wave of accumulation across exchanges. The bulls appear to be waking again, setting the stage for a potentially explosive and opportunity-filled year ahead.

But amid this renewed excitement, one presale is quickly becoming the center of investor attention. BullZilla (ZIL), a meme-inspired yet utility-rich project, is drawing comparisons to early Shiba Inu and Dogecoin moments. Now widely discussed among the next 100x cryptos in 2025, its ecosystem blends staking rewards, structured burn mechanisms, and progressive stage-based ROI that reward early buyers.

This fusion of fun and function has captured serious capital, marking BullZilla as a top contender to lead the next bull rally before listings ignite widespread market momentum.

### Grab Millions Of ZIL Tokens Before The 2.87% Price Surge – Don’t Miss This Wave!

### XRP Jumps 4% As Analysts Predict $10 Target By End Of 2025

XRP surged 4% to $2.33 after enduring weeks of selling pressure, driven by Ripple’s new partnership with Mastercard to pilot the RLUSD stablecoin on the XRP Ledger. The collaboration showcases rising institutional trust in Ripple’s payment infrastructure.

Analyst Steph Crypto predicts a rally toward $10 by late 2025, fueled by potential U.S. quantitative easing and revived liquidity. Historical data supports this optimism, as XRP climbed from $0.10 to $1.70 during 2020’s stimulus wave.

With legal clarity restored, XRP’s outlook is strong, though breakout potential now shifts toward presale innovators like BullZilla.

#### Frequently Asked Questions about XRP

**What drives XRP’s price growth recently?**
XRP’s recent rise is driven by Ripple’s partnership with Mastercard, renewed institutional inflows, and market optimism surrounding stablecoin development on the XRP Ledger. These developments reinforce Ripple’s expanding role in cross-border finance.

**Can XRP realistically hit $10 by 2025?**
Analysts suggest $10 is possible if macroeconomic conditions favor liquidity expansion, ETFs attract institutional exposure, and Ripple continues global adoption. Sustained utility growth and regulatory clarity are key factors for long-term upside.

### BullZilla (ZIL): The Next 100x Crypto in 2025

BullZilla (ZIL) dominates conversations around the most promising meme coins merging real-world utility with massive growth potential. Now in Stage 9, “Bullish By Nature,” the presale is priced at $0.00023239 in Phase 3, surpassing $1 million raised with 3,500+ holders and 31 billion tokens sold.

Offering a 2,168.34% ROI to its $0.00527 listing and 3,941.56% early ROI potential, it’s gaining serious traction. With a +2.87% increase approaching in Stage 9D, BullZilla’s innovative ecosystem — featuring staking, referrals, and token burns — continues fueling scarcity, transparency, and lasting investor confidence before its highly anticipated launch.

#### $2,000 Investment Scenario: The Roar of ROI Potential

A $2,000 investment in BullZilla (ZIL) today secures over 8.6 million tokens at current presale rates, offering enormous upside potential. If it reaches the projected listing price of $0.00527, that same investment could exceed $45,000 in value.

These gains demonstrate why many analysts consider BullZilla among the next 100x cryptos in 2025. With Stage 9D’s 2.87% price rise approaching, timing becomes critical.

Its steady growth, Ethereum-backed infrastructure, and transparent tokenomics position BullZilla as a powerful, long-term addition to portfolios targeting explosive yet sustainable crypto opportunities.

#### How to Join the BullZilla Presale

To join the BullZilla presale:

1. Set up a Web3 wallet like MetaMask or Trust Wallet.
2. Purchase ETH from a trusted exchange such as Binance or Coinbase.
3. Transfer ETH to your wallet.
4. Visit the official BullZilla presale page, connect your wallet, and swap your ETH for ZIL tokens.

These tokens remain securely locked until launch, with clear vesting schedules displayed on the dashboard. This process ensures transparency, simplicity, and full control for both new and experienced investors looking to join early and maximize potential returns safely.

#### Frequently Asked Questions about BullZilla

**What is the current BullZilla Presale price?**
BullZilla’s current presale price is $0.00023239 at Stage 9C, with an upcoming increase to $0.00023906. Early participants secure lower entry costs before Stage 10 pushes the price further.

**What’s the BullZilla Presale price prediction?**
Analysts expect BullZilla to reach its listing price of $0.00527, representing over 2,100% ROI. Continued community growth and burn events could drive even higher valuation post-launch.

**Will BullZilla Presale be listed on Coinbase?**
While Coinbase listing isn’t confirmed, BullZilla’s momentum and Ethereum-based architecture make it a potential candidate for tier-1 exchange listings after its official launch.

### Solana Eyes $500–$1,000 As Institutional Inflows Power Breakout Potential

Solana surged to $159.22 after a $417 million inflow into the Bitwise SOL Staking ETF (BSOL). The ETF ranked 16th among all funds and outperformed Bitcoin and Ethereum for weekly inflows, highlighting Wall Street’s growing interest.

Analysts are watching for a break above $175 that could catapult SOL toward $500 or even $1,000. Meanwhile, its $10.3 billion DeFi TVL and institutional growth cement its position as a market pillar.

Despite its momentum, some traders see Solana as a mature asset rather than a hyper-growth play. It anchors portfolios with stability, but the explosive returns now emerge from presales like BullZilla, where stage-based pricing and scarcity mechanics multiply ROI potential for early buyers.

#### Frequently Asked Questions about Solana

**What fuels Solana’s current growth?**
Strong ETF inflows, institutional adoption, and expanding DeFi TVL are key drivers. Wall Street’s exposure through Bitwise’s SOL ETF has boosted confidence and long-term investment interest.

**Can Solana reach $1,000 by 2025?**
If institutional inflows continue and on-chain metrics improve, analysts see $1,000 as possible. However, sustained momentum and macro conditions must remain favorable to support such growth.

### Conclusion

XRP’s accelerating partnerships and Solana’s ETF-driven breakout capture a wider revival across global crypto markets. Both ecosystems are proving their resilience, showing that reliability and innovation can coexist in 2025’s bullish atmosphere.

Institutional interest, expanding DeFi integrations, and supportive macro trends are reinforcing investor confidence. As liquidity deepens and regulations become clearer, these projects offer the dependable fundamentals investors crave amid volatility. Their track records of performance and ecosystem strength make XRP and Solana essential pillars of the digital-asset space heading into the next major growth cycle.

However, BullZilla’s ongoing presale highlights why new and innovative projects are dominating ROI conversations among the next 100x cryptos in 2025. With an impressive 2,168.34% ROI potential projected to its $0.00527 listing price, BullZilla continues to attract early investors seeking life-changing potential.

Its structured burn, staking, and referral systems enhance token scarcity while rewarding long-term holders. As Stage 10 approaches with another planned price surge, momentum is building rapidly.

BullZilla’s blend of community energy, transparency, and sustainable design makes it a standout presale opportunity this year.

### Join The BullZilla Presale Now – Grab Tokens Before The Next Stage Surge!

For More Information:
[BZIL Official Website]
[Join BZIL Telegram Channel]

*This publication is sponsored. Coindoo does not endorse or assume responsibility for the content, accuracy, quality, advertising, products, or any other materials on this page. Readers are encouraged to conduct their own research before engaging in any cryptocurrency-related actions. Coindoo will not be liable, directly or indirectly, for any damages or losses resulting from the use of or reliance on any content, goods, or services mentioned. Always do your own research.*

**Author:** Alexander Zdravkov
Reporter at Coindoo

Alexander Zdravkov is an experienced crypto analyst with over 3 years in the digital currency space. Known for exploring the logic behind market trends, his in-depth analysis and daily reports make him a valuable member of the Coindoo team.
https://coindoo.com/next-100x-cryptos-in-2025-bullzilla-bzil-xrp-and-solana-sol-are-powering-the-bull-run-ahead/