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The project, called DoubleZero Edge, offers a real-time feed of raw data from the Solana blockchain, giving traders faster access to information that can influence prices.
Solana, a high-speed blockchain popular with traders, produces large amounts of real-time data as transactions are processed. DoubleZero plugs into that system by working with validators to distribute it more quickly to market players.
Unlike traditional finance, where exchanges rely on specialized networks to deliver data at high speed, crypto markets still largely depend on the public internet: a setup that can introduce delays and inconsistencies. DoubleZero is trying to change that by building a dedicated system designed specifically for onchain data.
According to the company, the new network can shave tens of milliseconds off data delivery times, with bigger gains during periods of heavy network activity. For high-frequency trading firms, even small speed improvements can translate into a competitive edge.
The platform works by sending data over a private fiber network using multicast, a method commonly used in traditional financial markets to simultaneously distribute data to multiple participants.
Beyond speed, DoubleZero is also pitching a new economic model. Validators on the Solana network can earn additional revenue by supplying data to the platform, while traders pay to subscribe to the feeds using USDC.
The launch comes as crypto trading firms increasingly seek more reliable, predictable infrastructure, particularly as competition intensifies and margins tighten. DoubleZero says its system could help level the playing field by reducing uncertainty in how quickly market data reaches participants.
Traditional finance has spent decades building infrastructure where speed and deterministic performance are a real competitive advantage,” said Andrew McConnell, a co-founder of DoubleZero, in a press release shared with CoinDesk. “On-chain markets didn't get that foundation, which left even sophisticated trading firms working on uneven ground. Deterministic infrastructure removes a risk market makers have to price in, which leads to tighter spreads and better execution.”
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Kharkiv, Ukraine – Hushruzjon Salohidinov, 26, was working as a courier in Saint Petersburg, Russia’s second-largest city and President Vladimir Putin’s hometown.
tising Muslim says he was arrested while picking up a parcel which police claimed contained money stolen from elderly women.
Salohidinov says he never interacted with the alleged criminals, but nevertheless spent nine months in the Kresty-2 pre-trial detention centre about 32km (20 miles) from the city, while a judge refused to start his trial because of the “weak evidence” against him.
But instead of releasing him after that, prison wardens threatened to place him in a cell with HIV-infected inmates who, they said, would gang-rape him – unless he “volunteered” to fight in Ukraine.
“They said, ‘Oh, you’ll put on a skirt now, you’ll be raped,’” Salohidinov, who has raven black hair and a messy full beard, told Al Jazeera at a centre for war prisoners in northeastern Ukraine, where he is now being held, having been captured in January this year by Ukrainian forces.
Using a carrot-and-stick tactic, the wardens also promised him a sign-up bonus of 2 million rubles ($26,200), a monthly salary of 200,000 rubles ($2,620) and an amnesty from all convictions
So, in the autumn of 2025, Salohidinov signed up as he “saw no other way out
Officials in Kresty-2, St Petersburg’s prosecutors’ office and Russia’s Ministry of Defence did not respond to any of Al Jazeera’s requests for comment
Salohidinov is just one of tens of thousands of labour migrants from Central Asia coerced by Russia to become soldiers as part of the Kremlin’s nationwide campaign, according to human rights groups, media reports and Russian officials
Hochu Jit, a Ukrainian group that helps Russian soldiers surrender, has published verified lists of thousands of Central Asian soldiers like Salohidinov.
“They are literally sent to be killed, no one considers them soldiers that need to be saved,” the group wrote in a 2025 post on Telegram. These soldiers’ life expectancy on the front line is about four months. “Losses among them are catastrophic,” the group reported
With its low birthrate and large oil wealth, Russia has for years been a magnet for millions of labour migrants from ex-Soviet Central Asia, especially Tajikistan, Uzbekistan and Kyrgyzstan
The campaign by the Kremlin to force Central Asians to fight in Ukraine dates back to 2023 – the year after Russia’s invasion of Ukraine – when police began rounding up anyone who didn’t look Slavic and charging them with real or imagined transgressions such as a lack of registration, expired or “fake” permits or blurred stamps on their documents. Sometimes, migrants are simply bused straight to conscription offices.
In 2025, Al Jazeera interviewed another Tajik man who said he had been detained with an expired work permit and was then tortured into “volunteering” while being subjected to countless xenophobic and Islamophobic slurs from his officers
Migrants say they are abused, tortured and threatened with jail or having their entire families deported
“The main way of recruiting as many migrants as possible is pressure on them with threats of deportation,” Alisher Ilkhamov, the Uzbekistan-born head of the London-based Central Asia Due Diligence think tank, told Al Jazeera
Sometimes, migrants are simply duped
Salohidinov said one serviceman in his squad was an Uzbek who “didn’t speak a word of Russian” and was fooled into “volunteering” while signing papers at a migration centre.
In their reports about “catching” migrants, officials frequently use derogatory terms about them, and also when they describe men who have obtained Russian passports but skipped registration at conscription offices. Since the Soviet era, such registration has been obligatory for all men and, since 2024, a newly naturalised Russian national can lose his citizenship if he fails to do it.
“We’ve caught 80,000 such Russian citizens, who don’t just want to go to the front line, they don’t even want to go to a conscription office,” chief prosecutor Alexander Bastrykin said in May 2025, referring to the migrants’ alleged patriotic sentiments
He boasted that 20,000 Central Asians with Russian passports were herded to the front line in 2025
“I’m even glad that I got captured, because I’m not fighting anyone now, not risking anything,” he said. “I’ll even say thanks to Ukraine for taking me prisoner.”
The Tajik embassy in Kyiv did not respond to Al Jazeera’s request for comment
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The kingdom's holdings have dropped from 13,000 BTC to 3,954 since October 2024, with $215.7 million moved out this year alone. Its last mining inflow over $100,000 was recorded more than a year ago.
The transaction is part of a series of ongoing sales that have been going on for a while.
Bhutan held approximately 13,000 BTC in October 2024, accumulated through a hydropower-backed mining operation run by Druk Holding and Investments, the kingdom's sovereign wealth fund.
That was the proof-of-concept for sovereign bitcoin mining. A tiny, landlocked country with cheap renewable energy, no legacy financial infrastructure to protect, and a sovereign wealth fund willing to experiment.
Since then, it has sold steadily. Holdings now stand at 3,954 BTC worth roughly $280.6 million, a 70% reduction in 18 months. Arkham data shows $215.7 million in bitcoin has moved out of Bhutan's holding addresses this year alone, with $162.6 million of that going to unlabeled wallets.
The selling has accelerated into a market where virtually every other major holder is doing the opposite.
Strategy bought 4,871 BTC for $330 million last weekend, bringing its total to 766,970. U.S. spot ETFs absorbed approximately 50,000 BTC in March. The Ethereum Foundation staked $93 million of ether in a single day rather than sell. Even gold-backed sovereign funds have been adding to positions during the Iran conflict.
Bhutan is the only sovereign-level holder visibly liquidating. But there is also a question about whether the mining operation itself is still running.
Arkham data shows Bhutan's last bitcoin inflow exceeding $100,000 was recorded over a year ago. A government that once generated bitcoin from power harnessed from its own rivers may now simply be spending down what it accumulated, with no new supply coming in to replace what it sells.
Druk Holdings has not responded to several emails and calls from CoinDesk over the past week, the latest of which was sent in the Asian morning hours on Friday. It has not publicly commented on the transfers or the status of its mining operation.
The economics may explain the shift, however.
Bhutan's mining operation was viable when difficulty was lower, and bitcoin traded above $90,000. At current levels near $71,000, with network difficulty at all-time highs and the post-halving block reward reduced to 3.125 BTC, the margins on small-scale sovereign mining have compressed significantly.
The same hydropower that made Bhutan's operation novel may now generate more revenue from electricity sold to neighboring India than from bitcoin mining, as mining hardware depreciates with every difficulty adjustment.
Choosing to sell rather than hold or mine is a data point about the gap between bitcoin's narrative appeal to nation-states and the operational reality of maintaining a position through a prolonged drawdown.
Bhutan's remaining 3,954 BTC is now smaller than what Strategy purchases in a typical week. The kingdom that once held 13,000 bitcoin mined from its own mountains is watching a single company in Virginia accumulate more in five days than Bhutan has left.
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Iran and the United States have both claimed victory in their conflict as they both accepted a two-week ceasefire just before US President Donald Trump’s apocalyptic deadline to obliterate Iranian “civilisation” if Tehran did not agree to a deal.
At least 2,076 people have died in US-Israel strikes on Iran that began on February 28, and thousands of others have been killed across the region. The war has also disrupted global energy supplies, stranding oil tankers and causing prices to shoot up in what’s being called the biggest shock to the industry in history.
Trump, in a Tuesday post on Truth Social, said the US would suspend bombing Iran after receiving a 10-point ceasefire proposal that he said was “workable”. The US president added that “almost all of the various points of past contention have been agreed to”.
also said it will allow ships to begin to move through the Strait of Hormuz, even as some in the country have angrily denounced their government’s bowing to pressure.
Both sides are expected to continue Pakistan-mediated talks in Islamabad from Friday.
But despite the formal bluster, both the US and Iran appear to have shifted from some of their earlier stated red lines to agree to Tuesday’s deal. Those sticking points could reemerge to complicate the upcoming talks, analysts say.
Here’s what we know about what they both wanted and what concessions have been made so far:
The reason for doing so is that we have already met and exceeded all Military objectives, and are very far along with a definitive Agreement concerning Longterm PEACE with Iran, and PEACE in the Middle East…a two week period will allow the Agreement to be finalized and consummated,” Trump posted.
The US president did not immediately confirm if US negotiators would be in Islamabad.
For Trump, the big achievement is to have Iran agree to negotiate after his escalating threats,” Chris Featherstone, a political scientist at the University of York, told Al Jazeera.
“He is presenting this as a success, but he will need to achieve some form of concession from Iran to be able to present this as a success in the longer term,” he said
Meanwhile, Iran’s Foreign Minister Abbas Araghchi said that Iran would also cease “defensive operations” if attacks on the country are halted, and that Iran’s armed forces would allow safe passage through the Strait of Hormuz.
Many in Iran, however, have expressed anger and fault Tehran for responding to a ceasefire deal, as distrust for the US has soared in the country, say analysts.
The pessimism in Iran is probably more than in any other place because we’ve been attacked two times in the middle of negotiations,” Foad Izadi, a professor at the University of Tehran, told Al Jazeera.
He was referring to the US’s bombing of Iran during last June’s 12-day war alongside Israel, and the US-Israeli strikes on February 28th. Both escalations came as negotiations were ongoing
As both sides are expected to begin what will likely be tough negotiations on Friday, analysts are speculating over what final concessions either side might be prepared to make and what issues will be non-starters.
At least one of Iran’s demands has been flagged as a no-go area for Washington: ending the US military presence in the Middle East.
The US has maintained a military presence in the region for more than 65 years. As many as 50,000 US troops are stationed across 19 sites in several countries, not including the thousands more troops called up amid the Iran war.
Iran has argued that those bases proved to be a liability for Gulf countries during the war, some analysts say, as they became targets of Tehran’s ire, as it lashed out in heavy retaliatory strikes.
Still, “these countries are all sovereign countries, they make their own decisions”, Izadi of the University of Tehran said.
“The experience our southern neighbours had with US bases was not good,” he noted. “But that particular concept [of the US leaving] is something that the independent governments in the Persian Gulf have to make for their own selves
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