Blockchain Press Releases
Huawei-IUCN Tech4Nature Initiative Announced New Phase of Coral Reef Protection Project
Digital Technology Helps Mauritius to Become a Global Pioneer in the Field of Coral Reef Conservation, Research, and Education
FLACQ, Mauritius, June 24, 2023 /PRNewswire/ — Huawei Mauritius, International Union for Conservation of Nature (IUCN), and EcoMode Society today announced a new phase of the Tech4Nature Mauritius project to study species’ reproductive success in a restored area of reef in Mauritius.
The new phase directly follows a key project milestone achieved in June in which the partners, supported by the local community, successfully transplanted 25,000 coral fragments cultivated in coral nurseries to a degraded area of the reef ecosystem in Pointe-aux-Feuilles, a 20-km2 site off the east coast of Mauritius. This project is one of the first its type in the Western Indian Ocean.
“I commend the achievement of the Tech4Nature initiative. Our objective is that by 2030, we can work together for a healthy ocean that supports nature and people,” said the Honorable Sudheer Maudhoo, Minister of Blue Economy, Marine Resources, Fisheries and Shipping for Mauritius. “With the support of the Tech4Nature initiative, Huawei, and its partners, we look forward to continued action to restore ocean and coastal biodiversity for future generations.”
To monitor the mobility of species at the coral reef restoration site and determine the factors that disturb reproductive success, a solution comprising cameras and GPS receivers, 4G, and cloud has been deployed. The second phase of the project will use AI-based data analysis to guide the conservation decisions, support the research of marine biologists, and educate the public on the importance of reef conservation and restoration.
“The project will help us to have more information to manage and regulate public use,” said Nadeem Nazurally, President of the EcoMode Society. “It will also bring biodiversity conservation closer to the general public, as videos and other dissemination materials are planned through the mobile app. In collaboration with IUCN and Huawei, the project allows us to make a qualitative leap by incorporating new technologies to the monitoring and conservation of species.”
The 243-km2 lagoon created by the 150-km reef system of fringing coral is home to a rich array of aquatic life, including 61 species of macroalgae, 110 species of corals, 132 species of fish, and many endemic species. However, the reef system faces many threats, including overfishing, pollution, and changing seawater composition due to the removal of mangroves and seagrass. Climate change has caused a rise in sea levels, more extreme storms, and increased sea temperatures. Restoration efforts for coral reefs can boost resilience against climate change by protecting coastal regions against erosion and mitigate rising sea levels.
As a Small Island Developing State (SIDS), Mauritius relies heavily on its coral reef resources, especially its fisheries and tourism industries – tourism accounts for about 8% of the island nation’s GDP and 10% of its employment. Coral aquaculture to repair degraded reef has gained traction in Mauritius, with microfragmentation serving as a relatively new technique where small coral fragments are mounted in off-site nurseries using concrete blocks, galvanized structures, and natural basaltic rocks to support coral growth.
Early monitoring at the restoration site has shown an increase in local biodiversity, and an additional 1,890 coral fragments are currently being propagated in the coral nursery to expand the restoration area. With the site’s designation as a Voluntary Marine Conservation Area (VMCA), the momentum for revitalizing biodiversity in the reef ecosystem using the power of technology and partnerships is accelerating.
“Collaboration between public institutions and the private sector is increasingly necessary to determine success in the face of complex environmental challenges,” said James Hardcastle, Head of Protected and Conserved Areas Team for IUCN. “We have the opportunity to take advantage of technological innovations and incorporate them into conservation measures for our ecosystems. This project exemplifies how cooperation and mainstreaming are the way forward to halt biodiversity loss.”
“This project is the first of its kind that we are investing in Mauritius, after dozens of successful experiences of developing solutions to protect different species and natural spaces in countries around the world using advanced technologies such as cloud, AI, and connectivity,” said Zheng Kui, CEO of Huawei Mauritius. “The role of the technology industry in meeting this challenge is key, but only through collaboration with strategic and committed partners can the objectives be achieved in a real way.”
It is hoped that this project can be replicated in other areas of Mauritius and balance the needs of tourism and conservation. And with up to 50% of the world’s coral reef already destroyed or degraded, the project’s success to date demonstrates the value of further large-scale global reef restoration supported by digital technology.
About Huawei TECH4ALL
TECH4ALL is Huawei’s long-term digital inclusion initiative that aims to leave no one behind in the digital world. It focuses on four domains: enabling equity and quality of education, conserving nature with technology, enabling inclusive healthcare, and development.
For more information, please visit the website at https://www.huawei.com/en/tech4all
Follow us on Twitter at
https://twitter.com/HUAWEI_TECH4ALL
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Blockchain Press Releases
Bybit Expresses Deep Gratitude as Crypto Industry Unites Against Security Threats
DUBAI, UAE, Feb. 22, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, extends its heartfelt thanks to the global crypto community for the overwhelming support received in the wake of a recent security incident. This unprecedented show of solidarity has not only reinforced Bybit’s resilience but has also laid the foundation for stronger industry-wide measures to counter and prevent future hacking incidents. From institutional liquidity providers to leading blockchain security firms, the swift and coordinated response has exemplified the strength of the Web3 community.
A United Front Against Threats
As soon as the incident was detected, Bybit’s security team took immediate action—locking down systems, securing funds, and collaborating with top cybersecurity experts. The exchange received overwhelming support from key players across the industry, all working together to track, contain, and mitigate the impact of the exploit.
Ben Zhou, Co-Founder and CEO of Bybit, expressed his gratitude:
“It’s been a challenging period for Bybit, but one thing is clear—our partners have our backs. The support from Antalpha Global, Bitget, Pionex, MEXC, SoSoValue, Galaxy Digital, FalconX, Lido Finance, Solana Foundation, Ton Foundation, Ghaf Capital, Fenbushi, Bitvavocom, Tether and many others has been nothing short of incredible. Your trust, quick action, and solidarity mean everything. We’re moving forward, stronger and more determined than ever. Thank you for standing with us.”
Industry Leaders Take Immediate Action
Several major players in both DeFi and CeFi swiftly mobilized to prevent further movement of stolen funds and uphold market stability:
- Orbiter, deBridge, SynFutures, MYX, Thruster and Owlto blacklisted exploit-related addresses, preventing unauthorized transfers.
- Chainalysis rapidly tracked and published the exploiter’s wallet addresses, enabling a coordinated industry-wide response.
- SIS cross-chain bridge stepped up to block associated addresses, restricting the attacker’s ability to launder assets.
- Zero Shadows activated its 24/7/365 Global Response team, collaborating closely on Bad Actor Tracing and Identification, Funds Tracing, and Law Enforcement Communications to support the investigation and recovery efforts.
- Institutional clients, including TMSI, Bayside trading, Mathrix, Wintermute, Cumberland, GSR Markets, maintained their trading positions, reinforcing stability amid uncertainty.
“Their trust in us, despite the circumstances, speaks volumes about the maturity and resilience of this industry,” Ben added. “It shows a defining moment that proves crypto’s strongest players stand together when it matters most.”
A Community That Stands Together
Bybit also acknowledged the unwavering support from its VIP clients, traders, and broader user base. Messages of encouragement and patience from the community have been instrumental as the exchange works around the clock to enhance security measures and safeguard funds.
“While this has been a difficult moment, it is also a powerful reminder of why we are here—to build an open, resilient, and decentralized financial future,” Ben said. “The real work has just started, and with this level of unity in this space, we know we’ll come back even stronger.”
Bybit remains committed to transparency and will continue to provide updates as it implements additional security enhancements. The exchange is working closely with industry leaders to set new standards for crisis management, ensuring the safety and trust of its users while strengthening the broader industry’s defenses against future threats.
#Bybit / #TheCryptoArk
//ENDS
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 updates, please follow: Bybit’s Communities and Social Media
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View original content:https://www.prnewswire.co.uk/news-releases/bybit-expresses-deep-gratitude-as-crypto-industry-unites-against-security-threats-302382806.html
Blockchain Press Releases
DEX Platform DeriW Officially Debuts at the ‘Connecting Legends’ Event in Hong Kong
HONG KONG, Feb. 22, 2025 /PRNewswire/ — DeriW, powered by CoinW, celebrated the official product launch of its cutting-edge gas-free, decentralized perpetual exchange. The CoinW-hosted event took place at the prestigious The Henderson-Cloud 39 rooftop ballroom in Central Hong Kong during the ‘Connecting Legends’ after-party.
This landmark event brought together 400 leading figures from the cryptocurrency sector. It included crypto leaders, innovative projects, key opinion leaders (KOLs), and affiliates.
Interactive Fun and Airdrop Rewards
The evening began with an engaging short video showcasing DeriW as the pinnacle of trading platforms developed by the seasoned experts at CoinW.
Julia, Head of Marketing at DeriW, captivated the audience by outlining the core advantages of DeriW. She presented its vast opportunities available to traders and affiliates. There was also a sneak peek provided into the eagerly anticipated testnet launch.
Another highlight of the evening was a unique interactive event, designed to engage participants and give them a firsthand experience of DeriW’s user-centric platform.
Attendees had the opportunity to participate in various activities, and winners were rewarded with $USDT airdrops, which will be distributed following the platform’s mainnet launch.
Designed for the Future
DeriW sets itself apart by combining the robust security measures of traditional finance with the innovative flexibility of decentralized networks. At its core, DeriW utilizes state-of-the-art Layer 3 technology on Arbitrum Orbit.
This allows it to process up to 80,000 transactions per second without incurring gas fees.
Its technical prowess promises to deliver an unparalleled trading experience that is both cost-effective and exceptionally fast, catering to the needs of both novice and professional traders.
The launch was not only a celebration but also a forward-looking gathering that set the stage for the upcoming testnet phase of DeriW.
This phase is crucial as it allows users to evaluate the platform’s functionalities and provide necessary feedback.
It ensured that DeriW meets community standards and expectations before its full official rollout.
DeriW Ecosystem: A World of Opportunities
Following the Product Launch, DeriW invites Projects and Affiliates to take advantage of opportunities within the DeriW Ecosystem.
Affiliates can benefit from high commission rates of up to 50% and trading rebates for bringing in new traders, while Projects can make use of ample liquidity, token listing opportunities and extensive support for a successful product launch.
Stay Connected
DeriW is committed to transparency and community engagement.
Its official product launch is just the beginning of what promises to be a revolutionary journey in the world of cryptocurrency trading.
For those interested in DeriW’s latest developments and participating in its testnet:
- Follow them on Twitter: @deriwfi
- Visit their official website: www.deriw.com
- Join DeriW Community: https://t.me/deriwfinance
- Discord: https://discord.com/invite/deriwfinance
Join DeriW on this exciting journey to transform the digital finance landscape, one transaction at a time.
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View original content:https://www.prnewswire.co.uk/news-releases/dex-platform-deriw-officially-debuts-at-the-connecting-legends-event-in-hong-kong-302382795.html
Blockchain Press Releases
AB Set to Launch on BingX Exchange, Further Expanding Global Trading Channels
SINGAPORE, Feb. 22, 2025 /PRNewswire/ — AB DAO has officially announced that the AB token will soon be listed on BingX Exchange, with an official announcement to follow upon listing. This move will further expand global trading channels, enhance liquidity, and accelerate the worldwide growth of the AB ecosystem. This milestone will provide users with a seamless and secure trading experience while driving broader adoption of AB in the Web3 space.
As a leading global cryptocurrency exchange, BingX offers a secure and efficient trading environment for users worldwide. The listing of AB on BingX will enable more users to trade, invest, and actively participate in the AB ecosystem.
This listing is an important step in AB DAO’s global expansion strategy, with AB tokens set to be integrated into more major exchanges in the near future, expanding its use cases and accelerating ecosystem growth.
Additionally, investors can also trade $AB on HTX (htx.com), MEXC (mexc.com), and 4E (eeee.com). Furthermore, BitMart (bitmart.com) is also set to list the AB trading pair soon, providing even more trading opportunities for global investors.
Stay Updated on AB DAO
- Official Website: https://ab.org
- Telegram Community: https://t.me/Newtonproject
- Telegram Channel: https://t.me/AB202528
- X (Twitter): https://x.com/ABDAO_Global
- Discord: https://discord.gg/BSbgK6J
- Medium: https://medium.com/@AB.org
View original content:https://www.prnewswire.co.uk/news-releases/ab-set-to-launch-on-bingx-exchange-further-expanding-global-trading-channels-302382794.html
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