Blockchain Press Releases
CGTN: With new member, SCO eyes closer cooperation amid global challenges
BEIJING, July 4, 2023 /PRNewswire/ — Iran on Tuesday officially became the ninth member state of the Shanghai Cooperation Organization (SCO), a comprehensive regional cooperation organization that covers the largest area and population on the globe.
Iran’s full-scale admission was formalized at the 23rd meeting of the Council of Heads of State of the organization. SCO leaders attended the meeting online.
Addressing the meeting, Chinese President Xi Jinping welcomed Iran into the SCO family and called on SCO member states to stay in unity and coordination so as to bring more certainty and positive energy to world peace and development.
“The people’s wish for a happy life is our goal, and peace, development and win-win cooperation are the unstoppable trends of the times,” Xi noted.
Calling for making the world a better place, Xi told SCO leaders that China is ready to work with other member states to actively implement the Global Development Initiative (GDI), Global Security Initiative (GSI), and Global Civilization Initiative (GCI).
In a world of turmoil and transformation, President Xi successively proposed the GDI, GSI and GCI, contributing China’s solution to global governance. The three initiatives also meet the needs of the SCO to strengthen its “three pillars,” the three major cooperation areas of security, economy and people-to-people exchanges.
Safeguarding common security
The SCO was born more than two decades ago with a fundamental mission to combat the three forces of terrorism, separatism and extremism. Over the years, security cooperation has remained a major focus for member states within the SCO framework.
To combat the “three forces,” SCO members have made notable strides by expanding intelligence sharing and information exchanges, and carrying out joint anti-terror exercises. In 2020 alone, SCO member states managed to prevent over 40 terrorist attacks and dismantled more than 50 terrorist groups.
The organization also functions as a major coordinator of the member countries’ efforts to clamp down on drug trafficking and transnational organized crimes and handle flare-ups of regional hotspots through such mechanisms as the SCO-Afghanistan Contact Group.
Calling for maintaining regional peace and safeguarding common security, Xi pointed out that “sustaining peace and security in this region is our common responsibility.”
He added that China stands ready to work with all sides to implement the GSI, promote the settlement of international disputes through dialogue and consultation, and encourage political settlement of international and regional hotspots, so as to forge a solid security shield in the region.
Making ‘cooperation pie’ bigger
Covering three-fifths of the Eurasian continent, the SCO presents nearly half of the world’s population and over 20 percent of the global gross domestic product (GDP), which also means even greater potential for development. And the China-proposed Belt and Road Initiative (BRI) has offered SCO members a chance to tap the potential and gear up their practical cooperation, notably in infrastructure.
With the construction of transportation services such as the China–Kyrgyzstan–Uzbekistan railway, the China-Central Asia natural gas pipeline and the regular operation of China–Europe freight train services, ties among SCO member states have become physically closer.
“We should work together to broaden the Belt and Road as a ‘path of happiness’ benefiting the whole world,” Xi said, and he told SCO leaders that on the BRI’s 10th anniversary, China will hold the third Belt and Road Forum for International Cooperation.
The China-SCO local economic and trade cooperation demonstration zone has also brought tangible benefits to local people. Its trade with SCO countries surged to 8.1 billion yuan (about $1.1 billion) in 2022 from 850 million yuan (about $117 million) in 2019.
Promoting economic growth is a common task for all countries in the region, President Xi stressed during the meeting. He called on SCO members to focus on practical cooperation and expedite economic recovery.
He also vowed to work with all sides to implement the GDI and make the pie of win-win cooperation bigger while voicing against protectionism, unilateral sanctions and the overstretching of national security, and rejecting moves of setting up barriers, decoupling and severing supply chains.
Tightening bonds among people
The SCO states are home to many ancient civilizations and ethnic groups with a kaleidoscopic religious and cultural inheritance, making efforts to promote cross-cultural exchanges and mutual understanding truly necessary.
Cultural events such as the Year of Languages, the Year of Culture, and the Year of Tourism have been held in succession among member countries, aiming to help people from SCO member states know each other better.
The SCO has also developed the University of Shanghai Cooperation Organization (USCO), which encourages cultural and academic exchanges between the youth from SCO member states. At present, there are 82 colleges and universities under the cooperation program of the USCO, with seven professional directions.
The Chinese president on Tuesday announced that in the coming three years, China will provide SCO member states with 1,000 International Chinese Language Teachers Scholarships, offer 3,000 “Chinese Bridge” summer camp opportunities, and invite 100 young scientists to China for scientific research exchanges.
Xi believes that all nations in the region aspire to see harmonious development of different civilizations. “We welcome all sides to work together to implement the Global Civilization Initiative, promote inclusiveness and coexistence among all civilizations, and increase mutual understanding and friendship among all nations.”
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Blockchain Press Releases
Compass Mining Scales Texas Operations with 25 MW Bitcoin Mining Facility, Plans Further Expansion
Energizes Over 50 MW in 2024 Across Six States, with 35 MW Coming Online by January 2025
WILMINGTON, Del., Dec. 20, 2024 /PRNewswire/ — Compass Mining (“Compass” or the “Company”), a leading provider of Bitcoin mining hardware, hosting, and operational solutions, proudly announces the addition of a new 25 megawatts (MW) Bitcoin mining facility in Texas to its growing network of North American operations. The facility is already fully built out and will be operational with an initial 5 MW of capacity by year’s end, scaling to 25 MW in early January 2025. Compass also plans to expand the facility’s capacity to 60 MW by Q3 2025.
The new Texas facility will house a mix of relocated machines from Compass’s existing sites, as well as newly deployed units, ensuring continuity for current customers while offering new clients a seamless and turnkey Bitcoin mining experience. By January 2025, new customers purchasing machines through Compass’s platform will have the option to deploy them at the “Texas 6″ site.
“Our new Texas facility represents another milestone in our mission to make bitcoin mining more accessible for everyone,” said Paul Gosker, CEO of Compass Mining. “We bring a wealth of experience from successfully operating at multiple locations across Texas, navigating the unique grid dynamics and leveraging local resources. For this site, we will provide our support and expertise, including assisting our site partner in hiring expert technicians who meet Compass’s high standards. This ensures high uptime and reliability, delivering the quality our customers expect.”
Compass’s strategy combines vertical integration through proprietary facilities, such as the new Iowa 4 site, with partnerships at third-party facilities renowned for high uptime and reliability. This dual approach allows the company to maintain operational flexibility while delivering reliable hosting solutions. The company has energized a total of approximately 50 MW of power capacity across mining facilities in Indiana, Iowa, Ohio, Kentucky, Nebraska, and Texas in 2024, with plans to add another 35 MW by January 2025.
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.
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DUBAI, UAE, Dec. 20, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, will be extending the festive fun with lavish virtual gifts for Bybit Card holders. From Dec. 20, 2024 to Jan. 31, 2025, with every swipe of their Bybit Card, users may get a chance to unwrap mystery gift boxes, including 1,000 in USDT and other exciting airdrops from DOGE to BTC—all rewards, no catches.
For each 100 USDT spent in eligible purchases with the Bybit Card, users will receive a lucky draw ticket to redeem a gift box on Bybit. Each gift box promises a crypto reward—from Christmas baubles in DOGE, SOL, ETH, XRP and BTC airdrops, all the way up to the grand prize of 1,000 in USDT. Registration is required and the special Holiday Giveaway ends at the end of Jan. 2025.
For users looking for a convenient way to utilize their crypto assets for daily spendings and debit payments, it is not too late to apply for the Bybit Card. The application and verification process takes minutes, and a virtual card will be issued as soon as the card is approved, enabling seamless digital payment on Apple and Android devices in applicable regions.
“The Bybit Card takes the hassle out of crypto off-ramp for regular users and weaves rewards and benefits into daily spendings. On top of regular cashbacks, we are introducing extra perks as our token of thanks to wrap up an eventful year in crypto,” said Joan Han, Sales and Marketing Director at Bybit.
The Bybit Card made expansive global footprints 2024 as crypto adoption continues to rise in the past year. Trusted and frictionless crypto payment solutions are in demand in various parts of the world, and Bybit is one of the natural habitats of crypto native consumers. Spanning from Buenos Aires to Amsterdam, the Bybit Card community is growing and so are the perks:
- Up to 10% cashback in USDT, BTC and ETH on eligible purchases
- Zero fees for instant virtual card issuance
- Zero annual or hidden fees
- Up to 8% APY
Enjoy this festive season in all its splendor. Eligible Bybit Card holders from all regions are welcome; terms and conditions apply: Bybit Card Holiday Giveaway: Swipe, Spend & Sparkle!
#Bybit / #TheCryptoArk #theBybitCard
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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Blockchain Press Releases
Bybit P2P Unlocks 20,000 USDT Prize Pools for Select Users in South Asia and Africa
DUBAI, UAE, Dec. 20, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, will be concluding 2024 with lucky spins all around for eligible users on Bybit P2P. With a chance at two grand bonus pools of 10,000 USDT each, select users in parts of South Asia and Africa stand to make the most of their P2P trades at Bybit.
From now to Dec. 31, 2024, eligible users may create their own P2P trading bonus at Bybit and unlock 100% chance of winning:
- South Asia: Eligible users in South Asia may sign up for the Grand Spin Extravaganza
- Africa: Eligible users may register to enter the P2P Prize Spinner
Successful participants may complete one or more referral, deposit, or trading tasks to earn up to 10 Lucky Draw Tickets. Tasks start at beginner level including a first-time deposit of 10 USDT. With a Ticket, users get to spin the wheel of fortune for a guaranteed airdrop from the 10,000 USDT Prize Pool.
As communities in the Global South start to build and diversify their wealth, millions are in dire need of modernized and inclusive financial infrastructures. The digital asset class offers an alternative for grassroot investors in emerging markets, demonstrating transformative power to shape the future of growth.
Bybit’s peer-to-peer trading platform provides user-friendly and trusted tools for P2P merchants and buyers. Users can compare and execute trades at an optimal price agreed upon by both parties, carried out on Bybit’s ultra smooth trading platform at zero fees. Supporting over 60 fiat currencies and over 300 payment methods, Bybit P2P contributes to democratizing access to the digital economy.
Users who have completed Bybit Identity Verification Level 1 may log in to confirm their eligibility. Terms and conditions apply.
#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]
For updates, please follow: Bybit’s Communities and Social Media
Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube
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