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Blockchain Press Releases

Essence Security Partners with Videor to Bring its Innovative MyShield Security Solution to the DACH Region

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Essence, a leading provider of IoT-based security solutions, will leverage Videor’s vast distribution network and integration with Insocam to offer its most advanced product to German, Austrian and Swiss markets

HERZLIYA, Israel, June 22, 2023 /PRNewswire/ — Essence Security, a leading global provider of IoT-based security solutions, today announced its strategic partnership with Videor, a top German distributor of video and security technology. This collaboration comes on the heels of Essence Group integrating its security solutions with Insocam, a German software and information management provider, opening the availability of Essence Security’s innovative security solution, MyShield, the world’s first all-in-one battery operated IoT smoke-generating intruder intervention and deterrence system, to the DACH market.

The partnership between Essence Security and Videor will provide German security installers and end customers with convenient access to the MyShield active security solution. MyShield is designed for a variety of businesses and residential locations, such as retail stores and warehouses, which can leverage its compact footprint and flexibility through additional interconnected security devices to provide preventative security across different contexts. As part of the agreement, Videor, with its extensive network of over 3,000 professional security installers, will distribute the MyShield product.

Essence Security has also integrated its security solutions within the AM/Win-system from Insocam, a German software and information management provider, to allow any monitoring station using Insocam’s software to seamlessly incorporate MyShield into its services. Now, through this partnership with Videor, installers and end customers can purchase MyShield locally and connect it to a range of monitoring service providers, granting 24/7 monitoring-as-a-service and a smoke function activation in the event of a verified intruder.

“We are thrilled to join forces with Videor to bring the MyShield security solution to thousands of professionals in Germany and cement our presence in a new market,” said Dr. Haim Amir, CEO and Founder at Essence Group. “Working with Videor, we will continue to build out the proactive, preventative security ecosystem, while ensuring large-scale availability of the MyShield solution throughout Germany and promoting peace of mind for individuals across the region.”

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Through strategic investments and cultivating a depth of industry knowledge, Essence Security has created an ecosystem to deliver advanced security solutions accessible to the mass market at an affordable price point. By providing a compact, self-contained, and easy-to-install security solution, MyShield makes intruder intervention accessible to everyone. Unlike traditional smoke-generating systems that are large, expensive, and require arduous installation, MyShield offers a cost-effective alternative that can be installed in various locations, ensuring active intrusion prevention for all.

“This collaboration is indicative of our commitment to empowering individuals and organizations from both the retail and private sectors with advanced security solutions,” said Daniel Großeloh, Head of Product Management at Videor. “With the MyShield intervention solution, we are able to offer our customers a state-of-the-art and user-friendly security product. We look forward to working with Essence Security to establish itself and benefit installers and customers across Germany and the DACH region.”

Essence Security will be attending Europe’s premier security conference, SicherheitsExpo. The event brings together security professionals and industry experts to foster collaboration and innovation. Essence Security will showcase the MyShield solution at the SicherheitsExpo in Munich on June 28-29, 2023 at stand G14.

About Essence Group

Essence Group is a global technology leader with a mission to develop and deploy innovative, cloud-based end-to-end security and healthcare solutions, underpinned by supporting services, that provide peace of mind to users. For over a quarter of a century, Essence has challenged convention by making care and safety both accessible and affordable. With over 80 million connected devices deployed worldwide, Essence helps people to live safer and more independent lives.

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For more information: https://www.essence-grp.com/

Follow Essence Group on LinkedInTwitter and Facebook

About Videor

VIDEOR E. Hartig GmbH is the leading distributor for professional video and security technology. As an independent and reliable partner, VIDEOR links up leading, innovative manufacturers and users from the fields of security, broadcast, imaging, digital signage, access control and cloud services. VIDEOR supports customers in becoming more efficient through competent consulting, individual solutions and innovative services, and reduces the complexity of both their daily and project business. Vendors, installers, system houses and professional users appreciate the VIDEOR portfolio of products, solutions and services. With comprehensive market and product knowledge and efficient logistics, VIDEOR has stood for successful, binding and cooperative partnerships for 45 years.

For more information: https://www.videor.com/en/ 

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Essence Media Contact:

Mushkie Meyer
Headline Media
[email protected]
US: +19143364035
UK: +442037694034

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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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