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Blockchain Press Releases

Benchmark Celebrates Grand Reopening of its World Class Engineering and Manufacturing Facility in Almelo, Netherlands

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Benchmark Almelo Experienced Rapid Growth Over the Last Five Years Facilitating the Need for the Expansion, Which is Complete and Unveiled Today

TEMPE, Ariz., June 23, 2023 /PRNewswire/ — Benchmark Electronics, Inc. (NYSE: BHE), a global provider of engineering, design, and manufacturing services, today celebrated the grand reopening of its facility in Almelo, Netherlands serving customers across the aerospace and defense, industrial, medical and semiconductor capital equipment industries. While the facility was never closed during the renovations, Benchmark is calling it a Grand Reopening due to a complete revitalization of the facility with extensive expansions and upgrades throughout. The company celebrated the Grand Reopening of Almelo on Friday, June 23, alongside Almelo Mayor Arjen Gerritsen, key customers, and a host of partners, suppliers, and dignitaries.

“Benchmark’s Almelo facility is a critical site in our global network that is home to our two Centers of Excellence – Fluid Management and Electromechanical Systems- as well as a wealth of expertise in other technologies critical to the industries we serve,” said Jeff Benck, president and CEO, Benchmark. “This revitalization adds space for more customer’s projects, brand new capabilities and technologies, improves the site’s carbon footprint, and enhances the quality of life for our rapidly growing talent base in the region. The entirety of Benchmark celebrates with Herman Bartelink, Vice President Europe Operations and John Perik, Vice President Development Engineering and their teams today.”

To facilitate a rapid increase in customer projects and production over the last five years, Benchmark Almelo has had to grow its talent by 25% – expanding from 480 employees in 2018, to 650 today. This growth led Benchmark’s leadership team to invest in the revitalization of the facility to increase and better utilize space. This included creating purpose-built spaces for employee activities, customer collaboration, 3D modeling, new product builds, expanded testing, employee training, and more.

“It is an honor to welcome our customers, partners, suppliers, and the greater Almelo community to our ‘new’ facility,” said Bartelink. “We have built an incredible team across a broad range of skills who are producing excellent value for our customers, while demand for our product realization services has grown exponentially. Today, we’re thrilled to celebrate our Grand Reopening and unveil the updated Almelo site.”

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The renovations are highlighted by the site’s 4,000 m2 expansion, which includes a 3,000 m2 increase to the production floor and a new Design Center of Innovation to host interactive concept and design projects with customers. Benchmark also reorganized to enable a more efficient material and production flow. Technology investments include a new 3D rapid prototyping printing lab, prototyping lab enhancements, installation of a major EMC pre-compliance test lab, improvements to the site’s ISO Class 6 and 7 cleanrooms. Additional upgrades and investments include:

  • Upgraded Calibration Lab
  • Improved and Expanded Tester Build Area
  • New Production Lines
  • New Product Demo Space
  • New Employee Training Facility

“We are pleased to be able to facilitate such a wonderful, modern design environment that motivates and inspires our employees to provide the very best for our customers,” said Perik. “With these renovations, we’re taking Benchmark’s product realization services to the next level here in Europe by providing a space where engineers and manufacturers can collaborate closely and work with the latest technology available. Our customers will be delighted by the opportunity to work with us in this new space.”

In continued pursuit of its sustainability goal of reducing the company’s carbon footprint, the site has also incorporated several features to improve energy efficiency. This includes better insulation, triple glass windows, more efficient heating, solar cells to power the heat/cooling pump, and LED lighting throughout the facility. With these improvements, Almelo was able to achieve a 30% reduction in energy consumption per square meter.

“In Almelo, numerous renowned companies make unique international contributions to the development and production of high-tech applications. From sustainable energy concepts to robotics and from efficient health technology to smart logistics,” said Almelo Mayor Arjen Gerritsen. “Benchmark Almelo has been part of this range of wonderful companies for years. In our city and region, we are proud of these companies, which invest in top talent, high-quality employment and continuous innovation. The renovation and reopening of Benchmark Almelo marks a new highlight of how technological entrepreneurship, global trade, and regional employment come together.”

To learn more about Benchmark Almelo and the new site features, please visit the website at https://www.bench.com/almelo-the-netherlands.

About Benchmark Electronics, Inc.

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Benchmark provides comprehensive solutions across the entire product lifecycle by leading through its innovative technology and engineering design services, leveraging its optimized global supply chain, and delivering world-class manufacturing services in the following industries: commercial aerospace, defense, advanced computing, next-generation communications, complex industrials, medical, and semiconductor capital equipment. Benchmark operates in eight countries and its common shares trade on the New York Stock Exchange under the symbol BHE.

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Blockchain Press Releases

KuCoin Introduces Omnibus Account Structure to Enhance Liquidity for Brokerage Partners

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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 2 aggregators, OTCs, and traditional financial service providers venturing into crypto,” said Anton Starchenko, Director of Institution Business Development of KuCoin. 

“This upgrade demonstrates our commitment to providing our partners with the tools they need to succeed in the rapidly evolving crypto market.”

By joining the KuCoin brokerage service, brokers gain access to one main broker account with unlimited sub-accounts. Each sub-account features an exclusive deposit address, serving as a wallet to separate funds and trades. Additionally, each sub-account undergoes independent risk checks. These ongoing risk and compliance measures bolster KuCoin’s commitment to protecting partner interests. Broker accounts are subject to separate fee structures, while the broker receives a combined commission based on the cumulative volume across all accounts.

As a leading platform in the cryptocurrency industry, KuCoin is dedicated to providing top-notch security and reliability. The platform employs state-of-the-art security measures, including advanced encryption protocols, multi-factor authentication, and real-time monitoring systems to ensure the safety of users’ assets. KuCoin’s unwavering focus on security and innovation has solidified its reputation as a trusted and forward-thinking exchange in the global crypto market.

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For more information about the KuCoin Broker Program and the new omnibus account structure, please visit KuCoin’s official website.

About KuCoin

Launched in September 2017, KuCoin is a leading cryptocurrency exchange with its operational headquarters in Seychelles. As a user-oriented platform with a focus on inclusiveness and community engagement. It offers over 900 digital assets across Spot trading, Margin trading, P2P Fiat trading, Futures trading, and Staking to its 34 million users in more than 200 countries and regions. KuCoin ranks as one of the top 6 crypto exchanges. KuCoin was acclaimed as “One of the Best Crypto Apps & Exchanges of June 2024” by Forbes Advisor and has been included as one of the top 50 companies in the “2024 Hurun Global Unicorn List”. Learn more at https://www.kucoin.com/ .

Contact Us to Join

Telegram: @KuCoin_Broker

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Email: [email protected]

Book a Product Call here.

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Blockchain Press Releases

Bybit Launches Block Merchant Program, Offering Up to 3,000 USDT in Rewards

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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.
  • Increased Transaction Limits: Process larger transaction volumes with a single order limit raised to 200,000 USDT.
  • Priority Ad Ranking: Achieve top-tier visibility among advertisers under similar conditions.
  • Swift Appeal Resolution: Benefit from expedited customer service support for any issues.

Bybit is committed to providing its users with exceptional trading experiences and opportunities to thrive in the dynamic cryptocurrency market. The Block Merchant program reflects our commitment, offering users a chance to boost their income while contributing to the growth of the Bybit P2P ecosystem.

#Bybit / #TheCryptoArk

About Bybit

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving over 33 million users. Established in 2018, Bybit provides a professional platform where crypto investors and traders can find an ultra-fast matching engine, 24/7 customer service, and multilingual community support. Bybit is a proud partner of Formula One’s reigning Constructors’ and Drivers’ champions: the Oracle Red Bull Racing team.

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For more details about Bybit, please visit Bybit Press.
For media inquiries, please contact: [email protected]
For more information, please visit: https://www.bybit.com
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

Hata obtains full approval from the Securities Commission of Malaysia Launches 30% revenue sharing model on its USD crypto exchange

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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 onshore and mid-shore regulators in Malaysia.

Filling the gap in Asia with USD onramp and offramp 

Hata operates a US Dollar cryptocurrency exchange, allowing users globally to deposit, trade and withdraw funds in US Dollars. Hata users can also swap US Dollars with USDT for free.

With the foreign exchange market in Asia Pacific recorded at $396 trillion annually[1], Hata aims to serve the large US Dollar foreign exchange market by providing traders and institutions a licensed platform to convert US Dollars into stablecoins to facilitate cross border payments and access cryptocurrency in the region.

“Institutions and high net worth individuals still rely heavily on US Dollars to settle cross border transactions in Asia. With institutional adoption into cryptocurrency on the rise, coupled with weakening local currencies in the region against US Dollar, we foresee users moving their monies into USD pegged stablecoins to conduct transactions.” says David Low, Chief Executive Officer of Hata.

Hata currently supports trading of more than 40 cryptocurrency pairs on its platform that are paired with USDT and US Dollar, with the goal of supporting more crypto products in the near future.

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30% Revenue Share on its Exchange

Hata (www.hata.io) has introduced an affiliate program. Any users who sign up on Hata can refer their family and friends to earn a reward. Hata provides a revenue share of 30% from the trading fees it earns to the affiliates who refer their network to trade on Hata’s exchange.

“This affiliate programme is designed to let users globally capitalise on their network to earn rewards. We hope that this provides an economic opportunity for our users to earn a side income with minimal effort,” says Darien Ng, Chief Revenue Officer of Hata.

Zero trading fees and free airdrop

To further incentivise early users, Hata has also rolled out zero fees for its major crypto pairs, including USD/USDT pair.

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Users who sign up from now until 31 October 2024 and trade on the exchange will be added to a waitlist. Users in the waitlist will have an opportunity to earn free airdrops in the near future.

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