Author: saad@menanewswire.com

DUBAI, UAE, July 22, 2024 /PRNewswire/ — Bybit, the world’s second-largest web3 platform by trading volume, proudly announces the launch of Next-Gen Web3 Writers: Global Challenge co-hosted by Bybit Web3 and Bybit Learn. This exciting initiative aims to empower young minds, ignite creativity, and foster a deeper understanding of Web3 technology. “At Bybit Web3, we’re passionate about fostering innovation and empowering young minds within the Web3 space,” said MK Chin, Bybit Web3 Evangelist. “We invite the young visionaries of today to lend their voices, write, and share their stories. Your unique perspectives and innovative ideas are the catalysts that will shape…

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TORTOLA, British Virgin Islands, July  22, 2024 /PRNewswire/ — Worldwide Stablecoin Payment Network (WSPN), a global digital payments leader, and HELIX, a leading Real World Asset (RWA) DeFi protocol, are excited to announce their partnership to explore a fiat-collateralized stablecoin backed by RWA assets. WSPN, known for its innovative digital payment solutions, is the issuer of Worldwide USD (WUSD), a fiat-collateralized stablecoin pegged 1:1 against the US dollar. This partnership integrates TradFi with DeFi, offering a robust and secure investment backed by real-world assets. The fiat-collateralized stablecoin will leverage HELIX’s RWA expertise and WSPN’s cutting-edge stablecoin infrastructure to provide transparent,…

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– Collaboration Strengthens DeFi Ecosystem with Advanced Options Infrastructure SINGAPORE, July 22, 2024 /PRNewswire/ — Moby, an on-chain options protocol backed by its pioneering Synchronized Liquidity Engine (SLE) that offers the narrowest spreads in the market, today announced a collaboration with GMX, the largest decentralized perpetual exchange on Arbitrum and Avalanche. This collaboration aims to support insurance options for perpetual traders, providing protection against liquidation risks. GMX, a pioneering perpetual exchange, offers traders low fees, deep liquidity, reduced liquidation risks, and transparent pricing. With close to a 100 decentralized finance integrations, GMX has built a powerful ecosystem and functions as a…

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DUBAI, UAE, July 22, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, invites crypto enthusiasts to a special livestream, “Crypto Games 2024: What’s Hot, What’s Not in Crypto.” The livestream, set to air on July 23 at 8am UTC, 4pm SGT, and 12pm Dubai Time, will explore the sizzling trends in crypto this summer. Hosted by Ejiro Oviri, Bybit’s Brand Lead, and featuring industry experts such as Stella Yuan, Campaign Specialist; Dirk Pennings, Web3 Evangelist; and Nathan Thompson, Lead Tech Writer, the event will be a comprehensive dive into the successes and failures shaping the crypto…

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DUBAI, UAE, July 19, 2024 /PRNewswire/ — Bybit, the world’s second-largest web3 platform by trading volume, announced the launch of its Block Merchant program, designed to empower users to maximize their earnings while buying or selling cryptocurrencies. Through this exciting initiative, Bybit aims to recognize and reward the valuable contributions of its P2P users. By becoming a Bybit Block Merchant, users can unlock a range of exclusive benefits, including: Lucrative USDT Merchant Rewards: Earn substantial rewards for buying or selling crypto. Enhanced Visibility: Enjoy a prominent position on the platform with a special diamond label and higher priority than Bybit Verified Advertisers.…

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VICTORIA, Seychelles, July 19, 2024 /PRNewswire/ — July 23, 2024 – KuCoin, a leading cryptocurrency exchange, is pleased to announce a significant enhancement to its Broker Program, designed to cater to liquidity-seeking partners. This upgraded program enables participants to leverage KuCoin’s superior liquidity and diverse asset offerings across both Spot and Futures markets. With this enhancement, participants can now benefit from KuCoin’s top-tier liquidity, high-revenue shares, unlimited sub-accounts, and independent deposit addresses, allowing for functional flexibility and maintaining their own client management powers. “Our new brokerage infrastructure is suitable for multiple types of institutional partners, such as crypto exchanges, execution terminals, layer…

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Hata obtains full approval from the Securities Commission of Malaysia and launched its exchange Support USD onramp and offramp Rolled out affiliate programme, sharing 30% of its trading fee with users who refer others to trade on its Exchange Zero trading fee across major pairs and opportunity to earn crypto airdrop KUALA LUMPUR, Malaysia, July 19, 2024 /PRNewswire/ — Hata has officially secured full approval from the Securities Commission of Malaysia to launch its exchange. Having obtained full approval from the Labuan Financial Services Authority (a mid-shore jurisdiction in Malaysia) in June 2023, Hata is now the first and only dual-licensed exchange by both…

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TYLER, Texas, July 17, 2024 /PRNewswire/ — Howe-Baker International, a leader in design and engineering for the energy sector, is pleased to announce the signing of a Memorandum of Understanding (MOU) with D.Energy, a layer 1 blockchain pioneering clean energy protocols. This strategic partnership aims to advance the research and development of implementing blockchain technology in the generation of clean hydrogen. Under the terms of the MOU, Howe-Baker and D.Energy will collaborate to explore and develop blockchain-based systems to enhance the efficiency, transparency, and security of hydrogen production processes. The collaboration aligns with both companies’ commitment to fostering innovation and sustainability…

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SINGAPORE, July 18, 2024 /PRNewswire/ — HTX announces its integration of Fireblocks Off Exchange, an innovative direct custody solution that mitigates exchange counterparty risk. Fireblocks, an enterprise platform to manage digital asset operations and build innovative businesses on blockchain, launched Off Exchange to enable trading firms and asset managers to trade on centralized exchanges from an on-chain multi-party computation (MPC) shared wallet. The integration of Off Exchange will help strengthen digital asset security, streamline global compliance operations, and create a better virtual asset trading experience for HTX users. Off Exchange effectively mitigates exchange counterparty risk by allocating and mirroring assets from…

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DUBAI, UAE, July 18, 2024 /PRNewswire/ — Bybit, the world’s second-largest web3 platform by trading volume, today announced an upcoming Initial DEX Offering (IDO) for LayerNet ($NET) on its Web3 platform. This will be Bybit Web3’s first IDO after successfully refreshing and launching its IDO 2.0 offering, with an industry-first refund policy and new game and reward mechanics. LayerNet: Building the Gaming Layer on Telegram LayerNet introduces an innovative concept – a gaming layer built directly on Telegram. Through Netcoin, their flagship play-to-earn (P2E) game, users can compete against AI opponents and earn rewards. $NET serves as the primary utility token…

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