Blockchain Press Releases
Huawei Will Launch Full Set of Commercial 5.5G Network Equipment in 2024
SHANGHAI, June 29, 2023 /PRNewswire/ — Huawei announced they will launch a complete set of commercial 5.5G network equipment in 2024 at the 5G Advanced Forum during MWC Shanghai 2023. Huawei’s Director and President of ICT Products & Solutions Yang Chaobin who made the announcement said the company intends for this launch to mark the beginning of the 5.5G era for the ICT industry.
5G deployment progressed rapidly over the past four years and is already yielding significant financial gains. Today, there are more than 260 commercial 5G networks worldwide, serving over 1.2 billion users, and there are already 115 million gigabit F5G users. With service models and content continuously evolving, breakthroughs in technologies like glasses-free 3D are creating unprecedented immersive experiences for users. However, these new services continue to require stronger 5G network capabilities. The industry has widely agreed that 5.5G will be a key milestone in 5G evolution, and that it is fast approaching.
Huawei proposed the concept of a “5.5G Era”, based on an end-to-end solution that integrates comprehensive evolved technologies including 5.5G, F5.5G, and Net5.5G. This solution would protect operators’ previous investment in 5G, while also improving network performance by 10 times. This 5.5G Era would feature 10 gigabit peak downlink speeds and gigabit peak uplink speeds to meet increasingly diverse service requirements. It would also refresh the industry vision by using new technologies like passive IoT to unlock a market of 100 billion IoT connections.
Yang explained, “With a clearly defined standardization schedule, the 5.5G Era is already poised for technological and commercial verification. In 2024, Huawei will launch a complete set of commercial 5.5G network equipment to be prepared for the commercial deployment of 5.5G. We look forward to working with all industry players to embark on the new journey towards the 5.5G era.”
As an advocate for end-to-end 5.5G solutions, Huawei has been working with multiple players across the industry on R&D and verification of key 5.5G technologies. Significant progress has been made in this verification process, specifically for extremely large antenna array (ELAA) which underpins 10 gigabit downlink, flexible spectrum access which helps realize gigabit uplink, and passive IoT which can enable 100 billion IoT connections. 50G PON is another key technology that can enable 10 gigabit speeds for F5.5G ultra-broadband networks, and is expected to be extensively used in homes, campuses, and productions in the future. Huawei has worked with over 30 operators around the world on technological verification and application pilots for these technologies.
In addition to the development of key technologies for 5.5G wireless and optical access networks, Yang announced that the company has been working on applying AI-native technologies to 5.5G core networks to continuously enhance network capabilities and availability. This would allow AI capabilities to be delivered to the very ends of networks, so that they can better serve numerous industries. Net5.5G promises 10 gigabit access, ultra-broadband transport, and microsecond-level latency over AI networks, allowing it to serve as a next-generation network foundation for industrial digitalization by providing high-quality network access.
The industry is still in its earliest stages of developing a vision for 6G, and only just beginning related research into key technologies. This is why many have turned to 5.5G as their milestone for future development. The 10-fold improvement in network capabilities in the 5.5G Era is set to enable numerous industries to unleash the productivity of digital technology.
MWC Shanghai 2023 runs from June 28 to June 30 in Shanghai, China. Huawei will showcase its products and solutions at stands E10 and E50 in Hall N1 of Shanghai New International Expo Centre (SNIEC). Together with global operators, industry professionals, and opinion leaders, we dive into topics such as speeding up 5G prosperity, striding towards the 5.5G era, and intelligent digital transformation. 5.5G creates new business value in areas like connecting people, Internet of Things (IoT), and Internet of Vehicles (IoV), supporting countless industries as they move towards an intelligent world. For more information, please visit: https://carrier.huawei.com/en/events/mwcs2023.
View original content:https://www.prnewswire.co.uk/news-releases/huawei-will-launch-full-set-of-commercial-5-5g-network-equipment-in-2024–301867046.html
Blockchain Press Releases
Trading With Confidence: Bybit Offers Zero-Loss Coverage and Educational Rewards
DUBAI, UAE, May 23, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has renewed its offers for trading beginners in a bundle of first-trade coverage and rewards this summer. The five-track Fearless Futures initiative has something to offer in every stage of crypto trading—from research to futures trading.
Modeled after fitness coaching, Fearless Futures is a supportive package for fresh traders and learners starting their crypto trading journey. The comprehensive loss protection and rewards program offers derisking opportunities for first-time traders in sync with the market-wide rally, with BTC pushing above 100K and ETH regaining investor favor. Sophisticated product suites and knowledge sharing are becoming increasingly accessible to everyday traders, and Bybit continues to support the crypto community with professional-grade tools and flawless execution with millisecond precision.
From now until June 30 or until prize pools are fully unlocked, eligible Bybit users will enjoy exclusive protection and rewards as they advance their trading levels:
- A Zero-Risk Introduction to Futures Trading: Eligible user’s first Futures trade will be covered up to 50 USDT at Bybit should a loss occur. Vouchers are available for first-time Futures traders on Bybit until June 30, 2025.
- Carefree Copy Trading: New followers of Master Traders may claim up to 100 USDT in loss protection for Copy Trading. This welcome offer not only takes away the pressure of strategizing, but also reduces volatility risks. Copy Trading Vouchers can be used as margin and are up for grabs until December 30, 2025.
- Gold & FX Copy Trading: Another Copy Trading product tailored for Gold and FX matched the limited-time offer for first-time traders until June 30, 2025.
- It Pays to Learn: Before diving into trading, beginners may explore Bybit’s Read-to-Earn initiative and get the basics down while dividing up a 18,000 USDT prize pool.
- Bonus Community Challenge: Signing up for the Bybit Learn Community will qualify eligible users for the Community Futures Challenge. The gamified experience incentivizes knowledge sharing and community engagement with a 2,500 USDT weekly prize pool, to be shared by top contributors in the leaderboard.
The campaign benefits Bybit users at a strategic juncture when the crypto market continues its upward trajectory. Supporting the broader crypto community since 2018, Bybit aspires to help its users navigate volatility responsibly, become better traders, and be part of their progress.
Registration and task fulfilments are required, and terms and conditions apply. For details, users may visit: Fearless Futures | Trade with Confidence, Not Consequence.
#Bybit / #TheCryptoArk
About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 70 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
Photo – https://mma.prnewswire.com/media/2695073/Trading_With_Confidence_Bybit_Offers_Zero_Loss_Coverage_Educational_Rewards.jpg
Logo – https://mma.prnewswire.com/media/2267288/Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/trading-with-confidence-bybit-offers-zero-loss-coverage-and-educational-rewards-302464289.html
Blockchain Press Releases
Leptage Debuts at TOKEN2049 Dubai: Showcasing Innovations in Web3 Infrastructure
WARSAW, Poland, May 23, 2025 /PRNewswire/ — Leptage, a modern fintech platform catering to global ambition, recently made its significant debut at TOKEN2049 Dubai, one of the most anticipated global crypto events in the Web3 ecosystem. Through its active participation at the event, Leptage captivated both attendees and industry leaders, marking an important step in expanding its presence within the global crypto community.
Hosted at the prestigious Madinat Jumeirah from April 30 to May 1, TOKEN2049 Dubai attracted over 15,000 participants from more than 160 countries, including industry pioneers, innovators, regulators, developers, and institutional investors. Leptage’s involvement went beyond sponsorship, reflecting the company’s ongoing commitment to advancing industry knowledge, fostering regional growth, and supporting community empowerment. TOKEN2049 served as a valuable platform for exchanging insights and driving innovation, echoing the vision that Leptage continues to champion.
At TOKEN2049, Leptage introduced key updates to its core infrastructure products, reflecting its continued innovation in shaping the future of crypto transactions and blockchain technology. The enhanced Ramping service enables real-time fiat-to-crypto conversions across more than 180 countries, while Treasury delivers more agile and secure management of stablecoins and digital assets. CardLink, a cutting-edge crypto wallet management infrastructure that provides seamless and secure integration for crypto card services. These updates demonstrate Leptage’s commitment to providing seamless, compliant, and scalable pathways that bridge Web2 and Web3.
Leptage’s participation at TOKEN2049 Dubai marked a pivotal step in its global journey. Leptage continues to bridge Web2 and Web3 with cutting-edge solutions that drive real-world adoption. Looking ahead, Leptage remains focused on advancing blockchain technology and shaping the next wave of Web3 innovation.
About Leptage
Leptage is a modern fintech platform catering to global ambition.
Regulated in Poland, our headquarters is situated in Warsaw. We have expanded our operations to include strategic teams in Hong Kong, the United Kingdom, and Singapore. Our international footprint is a testament to our commitment to serving clients worldwide.
At Leptage, we pride ourselves on providing fully compliant, cutting-edge solutions that harmoniously integrate advanced technology with a user-centric design. We aim to build a more secure, efficient, and seamless financial landscape by breaking down barriers and bridging gaps for boundless businesses.
Logo – ttps://mma.prnewswire.com/media/2642832/Leptage_Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/leptage-debuts-at-token2049-dubai-showcasing-innovations-in-web3-infrastructure-302464263.html
Blockchain Press Releases
Compass Mining Partners with Synota’s “Impact Mining” Initiative to Transform Bitcoin Hashrate into Community Impact
Initial donation supports a hospital and village in Nigeria, with plans for further expansion
WILMINGTON, Del., May 23, 2025 /PRNewswire/ — Compass Mining, a leading provider of Bitcoin mining infrastructure and services, proudly announces its role as the inaugural donor to Synota’s Impact Mining initiative. Through this groundbreaking partnership, Compass is turning Bitcoin’s computing power, or “hashrate”, into a humanitarian resource: affordable, reliable energy for underserved communities.
Through this collaboration with Synota, Compass Mining aims to demonstrate another way the Bitcoin mining industry can contribute directly to energy access, healthcare, and education in underserved communities without leaving the data center.
“This is hashrate with heart,” said Paul Gosker, CEO of Compass Mining. “We’re proud to show our customers and the broader industry how Bitcoin mining can improve lives, not just balance sheets.”
Under the Impact Mining initiative, Compass Mining has directed some of the output of its mining machines to a Bitcoin mining pool configuration provided by Synota and managed on behalf of Renewvia Solar Africa, an operator of clean energy mini-grids in Africa. The revenue generated by this hashrate is used to offset electricity costs for critical infrastructure in Nigeria.
- At Oloibiri Hospital, Compass’s contribution is helping cover the monthly power bills. This allows the facility to redirect resources to patient care. Serving over 3,600 patients annually and having delivered over 34,000 babies since 2010, this hospital is now empowered to treat hundreds more.
- In Ozuzu, a rural village connected to a solar mini-grid in 2021, 150 homes, businesses, and a school are now benefiting from a 20% reduction in power costs thanks to Impact Mining. Lower energy prices mean more lighting, more technology use, and ultimately more economic opportunity.
“Bitcoin mining has always been a driver of energy innovation,” said CJ Burnett, Chief Revenue Officer at Compass Mining. “Now it’s a driver of energy opportunity. A small portion of global hashrate is delivering outsized impact for real people.”
Compass Mining views this initiative as a proof-of-concept that mining can be more than profitable; it can be purposeful. Whether through direct machine allocation or partial hashrate donations, every block solved can help power a brighter world. Looking ahead, Synota plans to expand the Impact Mining initiative and Compass Mining intends to continue the partnership.
“We’re thrilled to have Compass Mining lead the way,” said Austin Mitchell, CEO and Co-founder of Synota. “They’ve shown that any miner, anywhere in the world, can take part in Impact Mining simply by redirecting a portion of their hashrate through a shared pool configuration. It’s a small step that can make a big difference. Donating hashrate also offers tax advantages, and we’re building the infrastructure to support that.”
To learn more about Impact Mining, visit synota.io/impact-mining.
About Compass Mining
Compass Mining is a customer-first company that provides a platform for individuals and businesses to purchase Bitcoin mining hardware, host machines, build and manage mining facilities, and access a range of ancillary services. With a commitment to exceptional customer support and transparency, Compass Mining sets the benchmark for bitcoin mining hosting. Its mission is to make Bitcoin mining accessible to everyone. To learn more about Compass Mining or to start mining today, visit compassmining.io.
Logo – https://mma.prnewswire.com/media/1957082/Compass_Mining_Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/compass-mining-partners-with-synotas-impact-mining-initiative-to-transform-bitcoin-hashrate-into-community-impact-302464076.html
-
Blockchain Press Releases5 days agoCoinW Unveils Industry-First Futures Protection Program：Instant Refunds Designed to Safeguard Traders
-
Blockchain4 days agoBlocks & Headlines: Today in Blockchain – May 19, 2025 | DoubleZero, Toobit, Story Protocol, Marco Polo, Argo Blockchain
-
Blockchain Press Releases2 days agoCM Global Services (CMGS) Secures Exclusive Multi-Year Logistics & Procurement Partnerships with Compass Mining and NovoMod
-
Blockchain Press Releases2 days agoOnRe, Backed by Ethena, Solana Ventures, and RockawayX Launches Structured Yield Product Combining Real-World Stability and On-Chain Upside
-
Blockchain Press Releases4 days agoHTX Unveils Finalists for $6M Mars Program Special Edition, Space Journey Selection Enters Final Phase
-
Blockchain Press Releases4 days agoHTX Launches Multi-Assets Collateral Mode for USDT-Margined Futures, Empowering Traders With Enhanced Capital Efficiency
-
Blockchain Press Releases3 days ago
HTX Executives Go Face-to-Face: Justin Sun & Molly Dive Into Market Strategy, Space Visions, and More Opportunities
-
Blockchain3 days agoVanEck Prepares to Launch PurposeBuilt Fund to Invest in Real-World Applications on Avalanche
