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Blockchain Press Releases

ZTE shines at the MWC Shanghai 2023, shaping digital innovation and witnessing unleashed value

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  • ZTE will present the new value it has created in seven scenarios, allowing MWC attendees to be immersed in innovations of extending technological boundaries, integrating core capabilities, and enabling autonomous intelligence.
  • ZTE will hold the grand Partner Event Day and joint events to engage with global operators, industry partners and thought leaders to share valuable insights, perspectives, and practical case studies on a range of trendy topics.

SHANGHAI, June 27, 2023 /PRNewswire/ — ZTE Corporation (0763.HK / 000063.SZ), a global leading provider of information and communication technology solutions, is set to make a prominent appearance at the Mobile World Congress (MWC) Shanghai 2023 under the theme of “Shaping Digital Innovation” from June 28th to 30th at Shanghai New International Expo Center. Fully connecting with customers and end users, ZTE presents the new value it has created in seven scenarios. At the ZTE booth, MWC attendees will be immersed in innovations of extending technological boundaries, integrating core capabilities, and enabling autonomous intelligence.

Located at B20 in Hall N3, ZTE booth will showcase the Company’s groundbreaking ICT technologies and applications across seven immersive exhibition areas: Industrial Field Network, Stronger Computing Power, Green for All, Wireless Infinity, All Optical World, Phygital Innovation, and Better User Experience.

Joining hands with industry partners, ZTE has rolled out the solution for building fully-connected factories with “Industrial Field Network + ZTE Digital Nebula”. This solution can optimize the value chain for process manufacturing and improve agility in discrete manufacturing, comprehensively building ubiquitous industrial intelligence. An intelligent manufacturing process is simulated at the “Industrial Field Network” exhibition area, involving the scenarios of information center, production management, equipment management, energy & environment protection, and security guarantee. Meanwhile, it showcases how ZTE Digital Nebula enables centralized production control, energy management, security control, AI machine vision, unmanned “3D” jobs, and intelligent logistics in factories, giving an impetus to the high-quality development of enterprises.

The relentless surge in computing power is placing higher demands on the underlying computing power infrastructures, including servers, storage and data centers. ZTE is committed to further enhancing the R&D and innovation of software and hardware products that are related with computing power infrastructures. At the “Stronger Computing Power” exhibition area, MWC attendees can watch the demos of ZTE’s products and solutions for stronger computing power, including scenario-tailored modular data centers, new computing power infrastructure, Cloud DCnet, high-performance optical infrastructure, and cross-domain computing power scheduling. Through multicloud coordination and efficient computing power operation, these products and solutions empower both project builders and operators of the East-to-West Computing Resource Transfer to reduce the cost and monetize computing power.

As a driver of digital economy, ZTE paves a green path to digital economy with innovative technologies. Through extensive collaboration with more than 500 industry partners, ZTE explores technological empowerment for energy-saving, emission reduction, and operational efficiency improvements. The “Green for All” exhibition zone presents innovative solutions in green operations, supply chain, digital infrastructure, and empowering green industries. Dedicated to the four dimensions, ZTE continues to support operators in building end-to-end green and low-carbon networks, fostering harmonious coexistence among societies, environments, and stakeholders.

At the “Wireless Infinity” area, ZTE offers precise network construction solutions covering all scenarios, which are tailored to operators’ demands for high integration, large bandwidth, multi-band frequency, high power, and high capacity. Turbo Core maximizes the value of every bit by software-hardware integration. Steady Core for highly reliable and resilient networks ensure efficient and smooth operations. AI-empowered 5G New Calling creates a superior real-time communication experience through comprehensive upgrades and innovation across devices, networks, cloud platforms, and vertical industries. Digital twin and intent-driven uSmartNet provide better and more intelligent user experiences. Technologies for 5G-Advanced scenarios, such as 5G Non-Terrestrial Network, Zero-Carbon Network, Internet of Low-Altitude UAVs, and Internet of Vehicles, are expected to bring about a 10-fold network capacity increase and unleash enormous value.

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Meanwhile, as a leading player in the all-optical network field, ZTE has launched the solution of high-value all-optical networks, building a high-speed network foundation for the digital economy. At the “All Optical World” exhibition area, ZTE will present the end-to-end product series covering optical terminals, OAN, and OTN. With innovative applications, such as UHD videos, metaverse, and ChatGPT keep emerging, ZTE strives to build optical networks with higher bandwidth and lower latency, and a future-ready digital infrastructure, to embrace ubiquitous connectivity in the 10G era.

The “Phygital Innovation” exhibition zone will demonstrate the innovative values unleashed by ZTE Digital Nebula 2.0. The Company, combining industry demands with product innovation and customization, has introduced the ZTE Digital Nebula platform, a specifically designed digital platform for enterprises. ZTE Digital Nebula 2.0 comes with a comprehensive upgrade in terms of data, algorithms, and computing power, which are known as the three pillars in the digital intelligence era. Together with partners, ZTE will explore more opportunities in various fields to achieve win-win, for example, the digital transformation of large enterprises, critical urban infrastructure, low-carbon industrial parks, big data-driven urban railways, port digitalization, smart ports, and water management based on digital twins. It will enable the modular, flexible, convenient, and highly efficient cloud-network convergence solutions tailored to meet the specific needs of industry clients.

As a global tech leader in smart terminals, ZTE keeps making 5G innovations to build the “1+2+N” Full-Scenario Intelligent Ecosystem 2.0. Attendees will enjoy a full series of smart terminals and mobile devices at the “Better User Experience” zone, including the world’s first AI-powered eyewear-free 3D tablet, the world’s first consumer-grade GPT wireless AR glasses, the world’s first Wi-Fi 7 5G CPE and the first 5G notebook cloud terminal around the globe. These offerings can meet users’ growing demands for visual experience, seamless connection, and extension of senses.

Additionally, ZTE will hold the grand Partner Event Day and joint events during the show, to engage with global operators, industry partners and thought leaders to share valuable insights, perspectives, and practical case studies on a range of trendy topics centering around 5G, future optical network and digital everything.

Furthermore, a dedicated website for the MWC Shanghai 2023 will be presented online, enabling global customers to access the latest updates and exciting happenings of the event anytime and from anywhere in the world. Playing an indispensable role in digital intelligence industry, ZTE actively embraces the momentum of digital transformation. Internally, ZTE adheres to the business philosophy of “Simplicity, Agility, and Openness for Win-Win”. Externally, ZTE positions itself as a “Driver of Digital Economy”, continuously leveraging its connectivity and computing power to strengthen the ICT full-stack core capabilities and collaborating with partners from various industries to build an open and cooperative ecosystem for mutual benefit. ZTE remains committed to shaping digital innovation while expanding its boundaries in transactions, capabilities, and values.

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For more information, please visit:

https://www.zte.com.cn/global/about/exhibition/mwcs23.html

ABOUT ZTE:

ZTE helps to connect the world with continuous innovation for a better future. The company provides innovative technologies and integrated solutions, its portfolio spans all series of wireless, wireline, devices and professional telecommunications services. Serving over a quarter of the global population, ZTE is dedicated to creating a digital and intelligent ecosystem, and enabling connectivity and trust everywhere. ZTE is listed on both the Hong Kong and Shenzhen Stock Exchanges. www.zte.com.cn/global

FOLLOW US:

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Facebook  www.facebook.com/ZTECorp
Twitter  www.twitter.com/ZTEPress
LinkedIn www.linkedin.com/company/zte
YouTube www.youtube.com/@ZTECorporation

MEDIA INQUIRIES:

ZTE Corporation
Communications
Email: [email protected]

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Blockchain Press Releases

Markets Show Resilience Ahead of End-of-Year Options Expirations: Bybit x Block Scholes Crypto Derivatives Report

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DUBAI, UAE, Dec. 26, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, released the latest Crypto Derivatives Analytics Report in collaboration with Block Scholes, highlighting the muted market volatility despite major options expirations on Friday. BTC and ETH’s realized volatility has increased, but short-term options haven’t adjusted to this change. This indicates that while spot prices are fluctuating, the options market is not fully reacting to these shifts, although BTC and ETH volumes have displayed slightly different patterns.

With more than $525 million in BTC and ETH options contracts expiring on Dec 27, 2024’s end-of-year options expiration looks set to be one of the biggest yet, yet expectations for volatility have remained subdued. The report highlights an unusual inversion in ETH’s volatility structure, but BTC has not mirrored the reaction. Additionally, a change in funding rates—sometimes turning negative as spot prices drop—signals a new market phase. Notably, BTC’s volatility structure has been less responsive to changes in spot prices, whereas ETH’s short-term options are exhibiting more noticeable fluctuations.

Key Findings:

BTC Options Expirations:

In the past month, BTC’s realized volatility has been higher than implied volatility on three occasions, each time reaching a relatively calm equilibrium. Open interest in BTC options remains high, contributing to potential increased volatility as we near the end of the year. Around $360 million worth of BTC options (both puts and calls) are set to expire soon, which can affect price movement.

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ETH Options: Calls Dominate

Despite a mid-week inversion, ETH’s volatility term structure has flattened, maintaining levels similar to those seen over the past month. In the final week of 2024, calls overwhelmed puts in open interest in ETH options, although market movements and trading activities are more on the put side. 

Access the Full Report:

Gain deeper insights and explore the potential impacts on your crypto trading strategies by downloading the full report here: Bybit X Block Scholes Crypto Derivatives Analytics Report (Dec 24, 2024)

#Bybit / #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 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

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Blockchain Press Releases

BC.GAME Launches Monkey King-Themed Slot Game Wukong

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NICOSIA, Cyprus, Dec. 26, 2024 /PRNewswire/ — BC.GAME has launched its latest slot game, Wukong, inspired by the highly acclaimed Black Myth: Wukong, a groundbreaking AAA game that has captivated players worldwide. Officially released on December 24, this 6-reel, 5-row slot game allows players to experience the essence of Wukong’s legendary journey while aiming for rewards of up to 10,000 times their bet.

The game incorporates iconic symbols and elements from Black Myth: Wukong, such as the Ruyi staff, gourd bottles, and treasure pearls, designed to recreate the mythical atmosphere of the original story. The addition of the Sticky Symbols feature enhances gameplay by keeping special symbols locked in place during free spins, significantly increasing the chances of winning and unlocking larger rewards.

Dark Visual Design and Storytelling Behind Wukong

The visual design of Wukong draws from traditional Chinese art styles, blending elements from Journey to the West. The reels are filled with recognizable symbols like the Ruyi staff, gourd bottles, and treasure pearls. These symbols immerse players in the mythical world of the story, faithfully recreating key moments from the novel, such as Sun Wukong’s havoc in Heaven and his encounters with the White Bone Demon.

The game’s background is rooted in Journey to the West, where Sun Wukong embarks on a journey with the monk Tang Seng and his companions to obtain sacred scriptures. Each detail of the game is carefully crafted to bring this legendary tale to life, offering a unique gaming experience and a tribute to Chinese culture and mythology.

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Key Features of the Wukong Slot Game:

Free Spins and Bonus Opportunities: Triggering free spins unlocks additional reward mechanisms, increasing the chances of landing big wins.

Sticky Symbols Feature: Special symbols remain in place during free spins, greatly enhancing winning potential.

Up to 10,000x Max Win: The game offers a maximum payout of up to 10,000 times the bet, providing significant winning opportunities.

“Wukong is not just about spinning reels; it’s about experiencing a rich part of Chinese culture. We’ve worked hard to ensure the game is stunning and fun and engaging for players, with layers of features that add excitement. We’re proud to offer a game that blends storytelling with gameplay, and we think players will love the journey through Wukong’s legendary world,” Jack Dorset, CEO of BC.GAME said.

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About BC.GAME

BC.GAME is a leading online gaming platform that integrates blockchain technology and cryptocurrency into its casino games, by offering a secure, transparent, and decentralized experience, BC.GAME allows players to enjoy a variety of gaming options, including slots, table games, and live casino offerings. The platform is dedicated to providing players with exciting, fair, and innovative ways to engage with the world of gaming. citing, fair, and innovative ways to engage with the world of gaming.

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Blockchain Press Releases

WSPN Appoints Former EY Global Chief Innovation Officer Jeff Wong as Independent Director

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SINGAPORE, Dec. 26, 2024 /PRNewswire/ — Worldwide Stablecoin Payment Network (WSPN), a leading stablecoin infrastructure company, announces the appointment of Jeff Wong as Independent Director. Mr. Wong brings over 25 years of experience in technology innovation and enterprise transformation to WSPN. He most recently served as EY’s Global Chief Innovation Officer from 2015 to 2024, where he spearheaded the firm’s global innovation initiatives and established EY’s advanced technology labs focusing on Artificial Intelligence, Blockchain, Quantum Computing, and Web3.

Prior to EY, Mr. Wong held leadership roles at eBay and JPMorgan Partners. He is a member of the Council on Foreign Relations, the Forbes Technology Council, and the founding Chair of Asia Society’s Technology and Innovation Council, helping drive the innovation and transformation agenda. He was also a member of the World Economic Forum’s Global Future Council on Innovation Ecosystems. He has previously served on the Oxford Foundry Board at Oxford University and the Advisory Board for AI4All. Mr. Wong is a recipient of the Outstanding 50 Asian Americans in Business award and an honoree of the A100 List by Gold House, recognizing individuals with Asian Pacific heritage who have made a significant impact on American culture and society.

“Joining WSPN at this pivotal moment in the stablecoin industry is incredibly exciting,” said Mr. Wong. “I look forward to contributing my experience in emerging technologies and enterprise transformation to help WSPN build the next generation of digital payment infrastructure.”

“Jeff’s appointment represents a significant strategic addition to WSPN,” said Raymond Yuan, Founder and CEO of WSPN. “His deep expertise in innovation management, enterprise transformation, and emerging technologies, combined with his leadership experience at global institutions, will be invaluable as we accelerate our market expansion and global development.”

About WSPN

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WSPN is a leading provider of next-generation stablecoin infrastructure, committed to building a more secure, efficient, and transparent payment solution for the global economy. Their flagship product, WUSD stablecoin, is pegged 1:1 to the U.S. Dollar and aims to optimize secure digital payments for Web3 users. WSPN’s Stablecoin 2.0 approach prioritizes user-centricity, community governance, and accessibility, paving the way for widespread stablecoin adoption.

Learn more: www.wspn.io | X | LinkedIn

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