Blockchain Press Releases
XTEND DEFENSE ACHIEVES FULL NDAA COMPLIANCE ACROSS ITS RANGE OF HUMAN-GUIDED AUTONOMOUS DRONES
XTENDER, Wolverine and Griffon join pool of trusted, NDAA-compliant drones as XTEND expands US operations and ramps up US-based production to fulfil multiple new contracts
With over 1,000 US-made drones set to be produced over the next 24 months to equip US Department of Defense and other partners
TEL AVIV, Israel and WASHINGTON, June 27, 2023 /PRNewswire/ — At the Modern Day Marine (MDM) Expo, XTEND, developer of a human-guided autonomous operating system (XOS) which is revolutionizing the way humans interact with drones, has today announced that its range / family of XTENDER, Wolverine and Griffon drones have achieved full NDAA compliance. The company will be increasing US-based production in response to a growing demand for its revolutionary, robust, affordable solutions from the US Department of Defense and the wider US Government technology community.
“Our compliance with the National Defense Authorization Act (NDAA) further strengthens XTEND’s ongoing collaboration with the U.S. Department of Defense and supercharges our US expansion,” says Robert Peters, XTEND Defense’s General Manager. “In the last four years we have secured over 30 new contracts with the U.S. Department of Defense, its allies and partners, which will see over 1000 of our revolutionary US-made drones produced over the next 24 months.”
XTEND’s drone systems allow any operator to perform extremely accurate maneuvers and actions, in any environment with minimal training. Powered by the company’s patented XOS operating system, XTEND’s drones fuse the best of human intelligence and machine autonomy to enhance an operator’s abilities and simultaneously reduce the need for physical confrontation, thus minimizing casualties and injuries. Hundreds of XTEND’s systems are already operationally deployed worldwide and the company is continuously developing its operating system and drones to deliver the future of man machine teaming in defense, HLS, industrial inspection, and public safety.
Ido Bar-On, XTEND’s Vice President of Business Development and Sales, adds: “We cherish our partnership with the US Government and remain fully committed to aligning our operations and with its well-justified standards for facing near-peer threats. We recently grew our team in Florida threefold, and we will continue to support our defense partners and customers with our highly experienced, Veteran team.”
As part of XTEND’s continued expansion in the US market, it has recently appointed Robert Peters as General Manager of XTEND Defense. Peters brings over 40 years of experience in the defense market and has held senior business executive positions with Textron Systems, General Dynamics, GE, and Lockheed Martin.
Additional information on XTEND’s range of human-guided autonomous drones:
XTEND’s drone systems are designed to be wearable, mobile, and lightweight, with a single, natural hand gesture-based controller. XTEND’s range of fully NDAA compliant, human-guided autonomous drones includes:
- XTENDER – a new micro tactical indoor ISR system that enables any operator to perform accurate remote multi-mission tasks in complex environments. XTENDER can enter a remote target site, perform reconnaissance and data collection tasks with extreme precision, and then exit seamlessly, unaffected by any indoor-outdoor transition limitations and regardless of any GPS denied locations. Additionally, it enables control of drone teams and remote control of payloads deployed to actively engage in the operational mission.
- Wolverine C-IED – a small, lightweight, and rugged drone, Wolverine is affordable, versatile, and has low power consumption. Easy to use, it enables operators – even those with no flight experience – to perform extremely precise remote tasks, maneuvers, and actions in complex environments (indoor or outdoor), with minimal training and maintenance. Wolverine extends a team’s operational reach in critical situations where precision and versatility are paramount, giving them battlefield dominance in terms of both operator experience, mission performance, and after-action assessment.
- Griffon C-UAS – a portable counter UAS system for the interception of aerial threats. Griffon can intercept and counter drones at up to 80 mph with no prior experience. Griffon allows operators to perform vision-assisted, semi-automated interceptions and to control a drone team that automatically launches when detecting aerial threats.
To learn more please come and visit our booth #2811 at Modern Day Marine (MDM) Expo, 27-29 June 2023 Walter E. Washington Convention Center, Washington, DC.
Note to Editors: Headshots and logos are available on request.
About XTEND and XOS:
XTEND provides revolutionary human-guided autonomous machine systems that enable any operator to perform extremely accurate manoeuvres and actions, in any environment with minimal training. The company’s patented XOS operating system fuses the best of human intelligence and machine autonomy to enhance the operator’s abilities, and simultaneously reduce the need for physical confrontation, thereby minimizing casualties and injuries. Hundreds of XTEND’s systems are already operationally deployed worldwide, and the company is continuously developing its XOS operating system and platforms to deliver the future of human-machine teaming to defense, HLS, and security professionals worldwide. Find out more here.
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View original content:https://www.prnewswire.co.uk/news-releases/xtend-defense-achieves-full-ndaa-compliance-across-its-range-of-human-guided-autonomous-drones-301864316.html
Blockchain Press Releases
Bybit Partnered with University of Wollongong in Dubai to Host Exclusive Demo Trading Challenge
DUBAI, UAE, March 18, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has partnered exclusively with the University of Wollongong in Dubai (UOWD) to host a Demo Trading Challenge & Workshop at UOWD campus. This initiative equipped students from Business Analysis, Finance, Accounting, and other business-related disciplines with practical trading knowledge, enhanced their understanding of cryptocurrency markets, and bridged the gap between academic theory and real-world trading strategies.
UOWD, the UAE’s first international Australian university, is recognized for its commitment to academic excellence and industry collaboration. Accredited by both the UAE Ministry of Education and Australia’s Tertiary Education Quality and Standards Agency (TEQSA), UOWD has played a key role in developing future business and finance leaders.
Bybit leveraged this collaboration to strengthen its ties with UOWD, increase brand visibility within the academic community, and introduce students to the Bybit trading ecosystem. Additionally, this initiative aligned with Bybit’s broader strategy to identify and recruit top-tier fresh graduates, expanding its talent pipeline in the region.
The workshop provided participants with hands-on experience using Bybit’s demo trading platform, allowing them to navigate market fluctuations in real time while learning key strategies from industry experts. The event culminated in a competitive trading challenge, where students applied their newly acquired knowledge in a dynamic, risk-free environment.
Attendees also gained insights from a lineup of distinguished speakers alongside Bybit’s senior product managers specializing in trading bots, copy trading, and demo trading. Their expertise gave students a deeper understanding of spot and contract trading processes, market data analysis, and risk management.
“At Bybit, we believe that financial literacy and hands-on experience are key to unlocking opportunities in the digital economy,” said Phoebe Peng, Head of Organization Development at Bybit. “Through this collaboration with UOWD, we empowered the next generation of professionals with the skills and knowledge needed to thrive in the evolving world of cryptocurrency trading.”
This partnership underscored Bybit’s dedication to fostering financial literacy and talent development within the digital asset ecosystem. Bybit continues to expand its engagement with educational institutions worldwide, creating opportunities for emerging professionals to explore the potential of Web3 and decentralized finance.
#Bybit / #TheCryptoArk
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]
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View original content:https://www.prnewswire.co.uk/news-releases/bybit-partnered-with-university-of-wollongong-in-dubai-to-host-exclusive-demo-trading-challenge-302404959.html
SHANGHAI, March 18, 2025 /PRNewswire/ — Cango Inc. (NYSE: CANG) (“Cango” or the “Company”), a leading Bitcoin mining company with an automotive transaction service in China, today announced that it has been included in the Bitwise Bitcoin Standard Corporations ETF (NYSE Arca: OWNB), launched by Bitwise Asset Management on March 11, 2025. The exchange-traded fund (ETF) tracks the Bitwise Bitcoin Standard Index, providing investors with exposure to forward-looking publicly traded corporations holding a minimum of 1,000 Bitcoins on their balance sheets.
“We are proud to be included in the recently launched Bitwise Bitcoin Standard Corporations ETF. Our inclusion highlights the industry’s acknowledgement of our strategic pivot to Bitcoin mining and significant achievements in such a short time,” said Mr. Jiayuan Lin, Chief Executive Officer of Cango. “As a forward-looking company, our future-ready business model ensures we are well-positioned for sustained growth, global expansion, and operational flexibility in the Bitcoin mining sector in 2025 and beyond.”
Since transitioning to a capital-light Bitcoin mining model in Q4 2024, Cango has achieved a number of milestones, including leading the industry in productivity per hash rate with 17.81 Bitcoin per EH/s and securing a hashrate of 32 EH/s, ranking 3rd globally.
About Cango Inc.
Cango Inc. (NYSE: CANG) primarily operates a leading Bitcoin mining business. Headquartered in Shanghai, China, Cango has deployed its mining operation across strategic locations including North America, Middle East, South America, and East Africa. Cango expanded into the crypto assets market in November 2024, driven by the development in blockchain technology, increasing prevalence of crypto assets and its endeavor to diversify its business. Meanwhile, Cango has continued to operate the automotive transaction service in China since 2010, aiming to make car purchases simple and enjoyable. For more information, please visit: www.cangoonline.com.
Safe Harbor Statement
This announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” and similar statements. Cango may also make written or oral forward-looking statements in its periodic reports to the SEC, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about Cango’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: Cango’s goal and strategies; Cango’s expansion plans; Cango’s future business development, financial condition and results of operations; Cango’s expectations regarding demand for, and market acceptance of, its solutions and services; Cango’s expectations regarding keeping and strengthening its relationships with dealers, financial institutions, car buyers and other platform participants; general economic and business conditions; and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in Cango’s filings with the SEC. All information provided in this press release and in the attachments is as of the date of this press release, and Cango does not undertake any obligation to update any forward-looking statement, except as required under applicable law.
Investor Relations Contact
Yihe Liu
Cango Inc.
Tel: +86 21 3183 5088 ext.5581
Email: [email protected]
Helen Wu
Piacente Financial Communications
Tel: +86 10 6508 0677
Email: [email protected]
View original content:https://www.prnewswire.co.uk/news-releases/cango-inc-joins-bitwise-bitcoin-standard-corporations-etf-302404481.html
Blockchain Press Releases
BingX Levels Up Trading Experience with CScalp’s Advanced Features & Fee Discounts
PANAMA CITY, Panama, March 18, 2025 /PRNewswire/ — BingX, a global leading cryptocurrency exchange, is excited to announce its integration with CScalp, a free and powerful trading terminal designed for active cryptocurrency and futures traders. This partnership aims to provide BingX users with advanced trading tools and a seamless trading experience across multiple exchanges.
CScalp is renowned for its robust features tailored for scalping and intraday trading. The platform allows traders to operate across multiple exchanges and trade different instruments within a single interface. Its user-friendly interface and comprehensive tools are optimized for quick market analysis, one-click order placement, and efficient position management.
With this integration, BingX users can now leverage CScalp’s capabilities to enhance their trading strategies. The platform’s features, such as multi-account management, stable connection, and customizable workspace, will enable users to execute trades more efficiently and effectively. BingX users can also benefit from discounts on exchange fees, access to trading signals, and an active trader community, fostering a more informed and cost-effective trading experience.
“We are thrilled to integrate BingX with CScalp, providing our users with a powerful tool to enhance their trading experience”, said Vivien Lin, Chief Product Officer of BingX. “This collaboration underscores our commitment to offering innovative solutions that cater to the diverse needs of our trading community.”
This integration not only benefits individual traders but also strengthens BingX’s position in the market by offering a more versatile and user-centric platform. By aligning with CScalp, BingX continues to demonstrate its dedication to providing cutting-edge tools and services that empower its users to navigate the dynamic cryptocurrency trading landscape with confidence.
About BingX
Founded in 2018, BingX is a leading crypto exchange, serving over 20 million users worldwide. BingX offers diversified products and services, including spot, derivatives, copy trading, and asset management – all designed for the evolving needs of users, from beginners to professionals. BingX is committed to providing a trustworthy platform that empowers users with innovative tools and features to elevate their trading proficiency. In 2024, BingX proudly became the official crypto exchange partner of Chelsea Football Club, marking an exciting debut in the world of sports.
For more information please visit: https://bingx.com/
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View original content:https://www.prnewswire.co.uk/news-releases/bingx-levels-up-trading-experience-with-cscalps-advanced-features–fee-discounts-302404412.html
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