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Blockchain Press Releases

UST Partners with Plutora to Simplify and Streamline Cloud Operations

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Comprehensive cloud solution from cloud sector leaders helps firms allocate resources and identify savings opportunities

LONDON, June 22, 2023 /PRNewswire/ — USTa leading digital transformation solutions company, today announced a partnership with Plutora, a leading provider of value stream management solutions for enterprise IT. This dynamic partnership will empower both companies to deliver greater transparency and visibility for test environment planning.

The partnership between UST and Plutora will bring unified scheduling as well as optimized utilization of environments and test team productivity to cloud solutions, greatly simplifying cloud migration. Furthermore, UST Cloud Manager’s Cost Control module brings cost data into Plutora that makes it easier to track cloud spending and trends. This will allow for comprehensive and detailed billing reports that provide bespoke savings recommendations that will boost efficiency.

“UST Cloud Manager is uniquely positioned to leverage the Release Engineering features of Plutora and help customers optimize the Cost to Serve. This is a stellar example of how the UST Smart Eco system is designed to build meaningful propositions,” said Praveen Prabhakaran, Chief Delivery Officer, UST.

“Integrating Plutora into our competitive cloud offering will result in tangible benefits for customers. Combining the strengths of these two leading solutions will make it easier to book cloud test environments, effectively allocate cloud resources and improve governance. We look forward to strengthening our relationship with Plutora and providing innovative technology that sets the bar in the rapidly changing cloud sector,” said Muraleekrishnan Nair, Global Head of Cloud Infrastructure Services, UST.

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“We’re truly excited to join forces with UST. This partnership brings together Plutora’s value stream management capabilities with UST’s innovative Cloud Manager, resulting in a unique platform for optimizing cloud operations. Not only will this drive cost efficiencies, but it will also empower companies with enhanced control over their cloud resources. Together with UST, we’re simplifying cloud management and helping businesses thrive in the digital age,” said Dalibor Siroky, Chief Executive Officer, Plutora.

Over the past two decades UST has established itself as a key business transformation partner across a range of industries. For more information on UST and its work driving cloud transformation, please visit the UST website.

About UST

For more than 23 years, UST has worked side by side with the world’s best companies to make a real impact through transformation. Powered by technology, inspired by people, and led by our purpose, we partner with our clients from design to operation. Through our nimble approach, we identify their core challenges, and craft disruptive solutions that bring their vision to life. With deep domain expertise and a future-proof philosophy, we embed innovation and agility into our clients’ organizations—delivering measurable value and lasting change across industries, and around the world. Together, with over 30,000 employees in 30+ countries, we build for boundless impact—touching billions of lives in the process. Visit us at www.UST.com

About Plutora

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Plutora, the market leader of value stream management solutions for enterprise IT, improves the speed and quality of software creation by capturing, visualizing and analyzing critical indicators of every aspect of the delivery process. Plutora orchestrates release pipelines across a diverse ecosystem of development methodologies, manages hybrid test environments, correlates data from existing toolchains, and incorporates test metrics gathered at every step. The Plutora Platform ensures organizational alignment of software development with business strategy and provides visibility, analytics and a system of insights into the entire value stream, guiding continuous improvement through the measured outcomes of each effort.
https://www.plutora.com/

Media Contacts, UST:
Tinu Cherian Abraham
+1 (949) 415-9857

Merrick Laravea
+1 (949) 416-6212

Neha Misri
+91-9284726602
[email protected]

Media Contacts, U.S.:
S&C PR
+1-646.941.9139
[email protected]

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Makovsky
[email protected]

Media Contacts, U.K.:
FTI Consulting
[email protected]

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Blockchain Press Releases

Market Needs a Stronger Boost than Trump’s Crypto Strategic Reserve: New Bybit x Block Scholes Crypto Derivatives Report

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DUBAI, UAE, March 10, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, released the latest weekly crypto derivatives analytics report with Block Scholes as President Trump signed the executive order to establish a strategic BTC reserve on Thursday.

In the first week of March, crypto market movements suggested traders had digested the positive news and pulled towards bearish territories with a declining S&P 500 and growing skepticism surrounding ETH and SOL. This waning enthusiasm is evidenced by a notable increase in demand for short-term protective options as investors seek to mitigate potential risks in the evolving market landscape.

Key Highlights:

  • Stable Funding Rates: Following President Trump’s announcement on Mar. 2, the spot prices of involved cryptocurrencies surged. However, funding rates for these assets have not reached extreme levels, remaining relatively stable compared to highs seen prior to Trump’s inauguration. This suggests a balanced demand for long positions, indicating subdued short interest in the market.
  • Volatility in ETH Options: The enthusiasm surrounding ETH was quickly tempered as ongoing tariff discussions contributed to bearish market sentiment. This has resulted in a notable increase in realized volatility, surpassing options-implied levels. As traders seek protection, the market has seen a shift in short-term volatility towards puts, reflecting a cautious outlook.
  • Decline in SOL Open Interest: The report also notes a decrease in open interest for Solana options at the end of February. Despite the inclusion of SOL in the proposed crypto reserve, open interest has not seen a corresponding uptick, with a majority of new positions still favoring calls, albeit at a lackluster pace.

Access the Full Report

For detailed insights, readers may download the full report.

#Bybit / #TheCryptoArk /#BybitResearch

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About Bybit

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.

For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: [email protected]
For updates, please follow: Bybit’s Communities and Social Media

Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube

 

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Blockchain Press Releases

AB is Now Listed on Hotcoin and Set to Launch on Gate, BitMart, Lbank, and Biconomy

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SINGAPORE, March 9, 2025 /PRNewswire/ — On March 8, 2025, AB DAO announced that $AB has officially been listed on Hotcoin (hotcoin.com) at 18:00 (UTC+8), further expanding its global trading network and driving AB’s adoption in the Web3 ecosystem. Additionally, $AB is set to be listed on four more major exchanges: Gate (gate.io), BitMart (bitmart.com), Lbank (lbank.com), and Biconomy (biconomy.com), significantly enhancing AB’s global liquidity and ecosystem reach.

AB Trading Details
Trading Pair: AB/USDT
Deposit Opening: March 7, 2025, 12:00 (UTC+8)
Trading Opening: March 8, 2025, 18:00 (UTC+8)
Hotcoin Official Announcement:
https://www.hotcoin.com/zh_CN/support/article/?id=25704168485425152&code=25704168485163008&catalogCode=19112597563772928 

AB DAO Ecosystem Continues to Expand
With the Hotcoin listing, users can now trade $AB on the following exchanges:
Bitget (bitget.com)
HTX (htx.com)
MEXC (mexc.com)
BingX (bingx.com)
Hotcoin (hotcoin.com)
4E (eeee.com)
Gate (gate.io) (Coming Soon)
BitMart (bitmart.com) (Coming Soon)
Lbank (lbank.com) (Coming Soon)
Biconomy (biconomy.com) (Coming Soon)
The listing of $AB on Hotcoin marks another major step in AB DAO’s global expansion strategy. In the coming months, AB will continue listing on more exchanges, expanding its ecosystem use cases and accelerating worldwide adoption.

AB DAO’s Goal: 100 Million $AB Holders
Now is the time to join the movement—unite, strengthen the community, and drive the expansion of the AB ecosystem. The mission is clear: onboard tens of millions of users and build a decentralized future together.

Stay Updated with AB DAO
Official Website: https://ab.org
Telegram Global Community: https://t.me/Newtonproject
Telegram Chinese Community: http://t.me/ABgonglian
Telegram English Channel: https://t.me/AB202528
X (Twitter): https://x.com/ABDAO_Global
Discord: https://discord.gg/BSbgK6J

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Blockchain Press Releases

HASHKEY GLOBAL PARTNERS WITH VERIFYVASP TO EXPAND GLOBAL TRAVEL RULE COMPLIANCE

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Strategic partnership strengthens regulatory compliance across HashKey Global’s international exchange network.

SINGAPORE, March 10, 2025 /PRNewswire/ — HashKey Global, a leading licensed exchange, and VerifyVASP, a global Travel Rule solution provider, have announced a strategic partnership to deploy comprehensive Travel Rule compliance solutions across HashKey’s international network of licensed exchanges. This initiative aligns with the accelerated enforcement of Financial Action Task Force (FATF) Travel Rule regulations by jurisdictions worldwide, addressing evolving anti-money laundering (AML) requirements for virtual asset transactions.

HashKey Global, as the flagship licensed exchange under HashKey Group, stands out as a leading platform in the digital asset industry. It is designed to deliver a secure, transparent, and reliable trading experience for users worldwide. The platform incorporates comprehensive measures such as robust asset segregation, stringent information security protocols, insurance coverage, independent audits, and secure payment settlement systems. These features ensure the highest level of protection for user assets and data while maintaining operational transparency.

Since integrating with VerifyVASP’s network of Virtual Asset Service Providers (VASPs) last year, HashKey Global has successfully processed thousands of verifications, ensuring compliant and accurate transfers of assets received by the intended counterparty and corresponding beneficiary.

Tim Xing, Board Director, HashKey Global, said: “This partnership with VerifyVASP reinforces HashKey Global’s commitment to setting the industry standard for regulatory compliance and security. As global enforcement of the Travel Rule accelerates, we are proactively enhancing our infrastructure to ensure seamless and compliant virtual asset transactions. By expanding this integration across our licensed exchanges, we continue to build a trusted and transparent digital asset ecosystem for users worldwide.”

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“We are thrilled to be supporting HashKey Global in their Travel Rule compliance,” said ShihYun Chia, CEO at VerifyVASP. “This partnership demonstrates HashKey’s commitment to regulatory excellence and contributes to building a more compliant digital asset ecosystem globally. It also marks a significant milestone of successful travel rule implementation in the digital asset regulatory landscape.”

About HashKey Global

HashKey Global is the flagship digital asset exchange under HashKey Group, offering licensed digital asset trading services to users worldwide, and becomes one of the fastest-growing crypto exchanges in 2024. HashKey Global has obtained a license from the Bermuda Monetary Authority providing mainstream trading and service products such as LaunchPad, contracts, leverage, etc.

Please read our latest Disclaimer.
For more details, please visit global.hashkey.com
Follow HashKey on X, Telegram, and Discord

About VerifyVASP

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VerifyVASP is a decentralised messaging protocol for Travel Rule compliance supported by regulated VASPs. VerifyVASP provides comprehensive Travel Rule solutions that include counterparty due diligence, messaging protocol, on-chain risk analysis and consultation on Travel Rule/personal data protection requirements.

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