Blockchain Press Releases
Logicalis UKI Releases 2023 IT Survey Results

IT professionals required to do more with less as security threats remain major concern
LONDON, July 4, 2023 /PRNewswire/ — IT security remains a top priority for most UKI professionals as revealed by Logicalis’ 2023 IT Survey. The survey finds 71% of IT professionals list security as their top priority for the year. The independent UK & I survey, which canvassed the opinions of over 1000 IT professionals from across the UK & Ireland, unveils businesses are grappling with tightening IT budgets, changing IT priorities, and elevated concerns over security threats and technical skills shortages.
During uncertainty, digital transformation remains a key driver of innovation and security. In an environment of escalating cyber threats that come with significant costs, investing in cybersecurity has become an essential requirement across all market conditions. Just under half (47%) of respondents identify security threats as their biggest challenges in 2023, followed closely by technical skills and resourcing (46%).
These concerns are interrelated, as gaps in critical skills exacerbate security vulnerabilities. As a result, IT leaders are increasingly levering the technical skills of external IT specialists to pursue digital strategies. In line with this, Logicalis’ 2023 CIO Survey revealed that while a third of CIOs already work with outsourced IT and managed services, 74% expect to increase this spending in the year ahead.
Amid prevailing economic instability, 36% of IT professionals cite budgetary pressure as another major concern. The percentage of respondents expecting a decrease in their IT budgets has risen from 16% in 2022 to 25% in 2023. There is still a notable 35% seeing an increase (down from 51%), while 40% anticipate no change. IT teams are facing mounting pressure to bolster security while operating with limited budgets.
On these findings, Alex Louth, Managing Director, at Logicalis UK&I comments, “In the face of an evolving IT security landscape, IT professionals are having to do more with less. In 2023, prioritisation is critical as organisations look to optimise their technology spending to drive successful digital transformation. Logicalis’ research shows that CIOs and Transformation/Data leaders are actively involving cross-functional leadership to capitalise on opportunities, mitigate risks, and safeguard their organisation. Having the right individuals in key positions is pivotal for driving organisational change and ensuring a smooth and impactful digital transformation.”
Amid the rise in high-profile security threats, IT security is dominating organisations’ IT strategies. As we progress through the second half of 2023, the rapid pace of technological advancements shows no signs of slowing. This juncture presents a critical moment to embrace innovation, navigate security challenges, and harness technology’s potential for a more secure and sustainable future.
To explore the detailed insights and gain a comprehensive understanding of the UK’s current IT landscape, read the full research report at: https://www.uki.logicalis.com/it-priorities-survey-2023
About Logicalis UK
We are Architects of Change™.
We help organisations succeed in a digital-first world.
At Logicalis, we harness our collective technology expertise to help our clients build a blueprint for success, so they can deliver sustainable outcomes that matter.
Our lifecycle services across cloud, connectivity, collaboration, and security are designed to help optimise operations, reduce risk, and empower employees.
As a global technology service provider, we deliver next-generation digital managed services, to provide our clients with real-time visibility and actionable insights across the performance of their digital ecosystem including; availability, user experience, security, economic performance, and sustainability.
Our 7000+ ‘Architects of Change’ are based in 27 countries around the globe, helping our 10,000+ clients across a range of industry sectors, create sustainable outcomes through technology.
Logicalis has annualised revenues of $1.7 billion, from operations in Europe, North America, Latin America, Asia Pacific, and Africa.
For more information visit uki.logicalis.com
View original content:https://www.prnewswire.co.uk/news-releases/logicalis-uki-releases-2023-it-survey-results-301869687.html
Blockchain Press Releases
CM Global Services (CMGS) Secures Exclusive Multi-Year Logistics & Procurement Partnerships with Compass Mining and NovoMod

DENVER, May 22, 2025 /PRNewswire/ — CM Global Services LLC (CMGS) proudly announces its official designation as the exclusive logistics and procurement partner for Compass Mining Inc. and NovoMod LLC, two leaders in the Bitcoin mining and modular infrastructure sectors. These multi-year partnerships reinforce CMGS’s growing influence as the supply chain backbone powering some of the most advanced digital infrastructure projects in the world.
Founded with a mission to eliminate the bottlenecks and fragmentation that plague traditional supply chains, CMGS is a fully integrated logistics and infrastructure services firm specializing in Bitcoin mining services, data center development, and high-demand electrical infrastructure. From sourcing crypto mining machine parts and network hardware to coordinating the full deployment of large scale sites, CMGS is designed to scale with our clients and move at the speed they need.
For Compass Mining and NovoMod, CMGS serves as more than a vendor; we are an embedded partner, streamlining critical operations and bringing transparency to every stage of the infrastructure lifecycle. Our team leads:
- Global sourcing and procurement of critical components, from power distribution units (PDUs) and switchgear to Ethernet cables, breakers, and enclosures.
- Inbound logistics and Customs navigation, moving sensitive equipment efficiently across Asia, LATAM, and North America on time, on budget, and compliantly.
- Refurbishment and redeployment of crypto mining machines, ensuring optimal uptime, performance, and recovery value from aging or idle equipment.
- Infrastructure buildout support, including on-site coordination, material staging, labor oversight, and final commissioning of modular and large-scale mining sites.
By centralizing sourcing, logistics, testing, and deployment under one roof, CMGS is helping Compass Mining and NovoMod compress timelines, reduce operational overhead, and eliminate costly inefficiencies that historically slowed down crypto mining and infrastructure projects.
While our partnerships with Compass Mining and NovoMod are foundational, CMGS also supports a growing number of mining companies, original equipment manufacturers, and infrastructure developers behind the scenes. Quietly powering the supply chains of both public and private firms across the U.S., LATAM, and Asia. In a market where downtime is costly and speed is currency, CMGS brings industrial discipline, real-world experience, with timely execution.
CMGS covers the full supply chain lifecycle, including:
- Global logistics and freight management
- Strategic sourcing and vendor negotiations
- Crypto mining machine parts sales, sourcing, and testing
- Full-site infrastructure build outs
- Cleaning, repair, and redeployment programs
- Consulting for operational optimization and supply chain resilience
As the digital infrastructure landscape grows more complex, CMGS is positioned to be the silent engine behind the most ambitious operators, ensuring they have what they need, where they need it, exactly when it’s needed.
About CMGS
CM Global Services (CMGS) is a full service logistics and procurement company specializing in Bitcoin mining and high performance computing industries. CMGS helps clients source equipment, manage global freight, deploy infrastructure, and streamline operations across every stage of the supply chain. With a commitment to reliability, speed, and cost efficiency, CMGS enables miners and data center operators to scale smarter.
To learn more about CM Global Services visit cmglobalservices.io
Media Contact
BlocksBridge Consulting
[email protected]
View original content:https://www.prnewswire.co.uk/news-releases/cm-global-services-cmgs-secures-exclusive-multi-year-logistics–procurement-partnerships-with-compass-mining-and-novomod-302462858.html
Blockchain Press Releases
Bybit Presents “Chicken Trader”: The World’s First Poultry-Powered Trading Showdown Livestream

DUBAI, UAE, May 22, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is taking novel trading challenges to new heights with the announcement of the Chicken Trader special, an unprecedented livestream session where professional crypto traders will have their authority challenged by their own pet chickens.
Scheduled to air on May 23, 2025 at 8AM UTC, the first-of-its-kind spectacle will feature Dylon Lord of Entry, Crypto trader & host at Crypto Banter, and DaviddTechI, Crypto trader & Co-Founder at DaviddTech, two seasoned trading pros whose market fortunes will temporarily rest on the shoulders of their feathered advisors.
Highlights
- Chickens Calling the Shots: Each chicken will peck at different treats representative of various trading options to channel their instruction. Yielding the strategizing power to the beaks of the chickens, both traders will be asked to execute the trading decisions faithfully.
- Live PnL Showdown: The resulting profit and loss (PnL) percentage will be tracked real-time during the livestream—and promises to shock the traders and the audience.
- Predictions and Live Giveaways: The audience will share in a 1,000 USDT prize pool by voting and participating in the red packets giveaway.
The special edition at Bybit Live is for entertainment purposes only and does not constitute financial or investment advice. Participants should be mindful of the risks associated with crypto trading.
No animals are harmed in the process. Terms and conditions and usual disclaimers apply. The not-to-be-missed battle will go live on May 23, and users may subscribe to upcoming session on Bybit Live.
#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
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View original content:https://www.prnewswire.co.uk/news-releases/bybit-presents-chicken-trader-the-worlds-first-poultry-powered-trading-showdown-livestream-302463077.html
Blockchain
Blocks & Headlines: Today in Blockchain – May 21, 2025

In an era defined by rapid innovation and regulatory shifts, today’s blockchain briefing spotlights five pivotal developments: enterprise-grade data integration, municipal crypto pilots, state-level policy hearings, AI-powered token growth, and secure communications on a public ledger. Across these stories, three key trends emerge:
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Enterprise Adoption & Data Integration
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Government Experimentation & Oversight
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AI & Security Innovations in Crypto
Below, we dissect each story’s essence, unpack its broader implications, and offer opinion-driven insight for Web3 stakeholders.
1. Space and Time Joins Forces with Microsoft Fabric
Source: Chainwire / The Defiant
On May 20, 2025, Space and Time Labs (SXT)—a zero-knowledge data platform backed by Microsoft’s M12 Ventures—announced integration of its multichain index (Bitcoin, Sui, Ethereum) into Microsoft Fabric’s OneLake environment. This partnership delivers real-time, verifiable blockchain data directly within Azure, enabling developers and enterprises to build data-driven Web3 and AI applications without custom pipelines.
Opinion: Embedding verifiable on-chain data into mainstream analytics tools marks a watershed moment. As traditional enterprises crave decentralized insights, Fabric’s native access to SXT’s ZK-proven data could accelerate blockchain analytics, foster hybrid cloud-Web3 solutions, and reduce vendor lock-in. Expect more legacy tech giants to pursue similar alliances.
2. New York City Eyes Crypto for Taxes & Records
Source: DL News
Mayor Eric Adams revealed plans to form a Digital Assets Advisory Council to explore crypto-based payments for municipal services, including taxes, birth/death certificates, and land records. While specifics remain under wraps, Adams highlighted zero-knowledge proofs as a privacy-preserving tool for public documentation on distributed ledgers.
Opinion: New York’s initiative signals growing municipal appetite for blockchain beyond investments. By potentially accepting tax payments in crypto and securing vital records on-chain, NYC could pioneer use cases that blend transparency with privacy. However, pilot programs must rigorously address volatility, regulatory compliance, and digital inclusion to avoid disenfranchising underserved communities.
3. Wyoming Committee Explores Blockchain, AI & Right-to-Repair
Source: Wyoming Public Media
During its first interim meeting (May 14–15, Jackson Hole), Wyoming’s Select Committee on Blockchain, Financial Technology and Digital Innovation reviewed the state’s proposed Wyoming Stable Token—tethered 1:1 to USD—and examined AI governance and right-to-repair legislation. The Stable Token Commission anticipates a July 4 alpha launch, while lawmakers debated CBDC distinctions, tokenized real-world assets, and consumer repair rights.
Opinion: Wyoming continues to cement its reputation as a blockchain haven. Explicit carve-outs distinguishing stablecoins from CBDCs, coupled with regulatory sandboxes for AI and repair laws, underscore a holistic approach to innovation. Other states should monitor Wyoming’s alpha testing outcomes to inform balanced policy frameworks that nurture Web3 while safeguarding consumer interests.
4. AI Tokens Surge in Crypto’s New Tango
Source: The Economic Times
Himanshi Lohchab reports that AI-centric utility tokens—built to autonomously execute services like compute renting (Render), predictive analytics (SingularityNET), and data marketplaces (Ocean Protocol)—have seen market caps soar from $2.7 billion to nearly $30 billion within a year. Key players include Near Protocol’s AI modules, ICP, The Graph, and emerging AI agents that generate revenue per usage. Institutional interest from Grayscale, BlackRock, and Fidelity further validates the trend.
Opinion: The AI-blockchain convergence is no fleeting fad. AI tokens promise programmable revenue streams and decentralized toolchains, but they also introduce autonomous risk vectors—buggy smart contracts, accountability gaps, and regulatory ambiguity. Security audits, standardized interoperability protocols, and clear legal frameworks will be crucial to sustain investor confidence.
5. BSV Association Selects Binarii Labs for Secure Communications
Source: CoinGeek (via PRNewswire)
The BSV Association has designated Binarii Labs to implement BinariiDSM, an encrypted file exchange and messaging suite that logs proofs of record on the BSV blockchain. This integration ensures immutable audit trails, data resilience, and end-to-end confidentiality for enterprises seeking verifiable trust without centralized intermediaries.
Opinion: As data privacy regulations tighten globally, blockchain-anchored communication platforms like BinariiDSM offer a compelling alternative to legacy VPNs and secure email. By immutably recording metadata on-chain, organizations can demonstrate compliance, simplify audits, and deter insider threats. Look for BSV’s secure-messaging model to inspire similar offerings on other smart-contract platforms.
Conclusion: Navigating a Dynamic Blockchain Frontier
Today’s stories reaffirm that blockchain is no longer an experimental niche—it’s permeating analytics, public services, legislative agendas, tokenomics, and secure communications. To thrive:
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Forge Strategic Alliances: Enterprises should partner with ZK and data-fabric innovators to embed blockchain insights into their analytics stacks.
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Pilot Pragmatically: Municipalities must balance visionary crypto use cases with compliance, volatility management, and equitable access.
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Craft Balanced Policy: States can emulate Wyoming’s sandbox approach—distinguishing stablecoins from CBDCs, while addressing AI and repair rights.
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Secure the Autonomous Agent Era: As AI tokens multiply, enforce rigorous security audits and interoperability standards.
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Leverage On-Chain Trust: Consider blockchain-anchored communications for immutable audit trails and enhanced data resilience.
By embracing these actions, organizations and policymakers can harness blockchain’s transformative power while mitigating emerging risks.
The post Blocks & Headlines: Today in Blockchain – May 21, 2025 appeared first on News, Events, Advertising Options.
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