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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.
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.