Blockchain Press Releases
Infortrend Expands NVMe All-Flash Storage Lineup with High-Capacity 4U48 Models, Reducing Management Complexity and Operation Costs
TAIPEI, July 5, 2023 /PRNewswire/ — Infortrend® Technology, Inc. (TWSE: 2495), the industry-leading enterprise storage provider, has announced their first 4U 48-bay models as an expansion to their EonStor GS U.2 NVMe all-flash storage systems. The new solutions offer greater storage capacity for businesses to consolidate their storage hardware infrastructure while reducing management complexity, and are ideal for data-intensive applications such as VMware and VDI.
With most NVMe all-flash storage systems on the market available in the 2U form factor, Infortrend breaks through with 4U48 solutions that support PCIe Gen4 U.2 NVMe SSDs to offer up to 700TB of storage capacity in one appliance. The systems come in dual-controller configurations, and can be coupled with the 100GbE host interface to deliver up to 1.1M IOPS, 24GB/s read and 12GB/s write throughput performances.
One benefit of the 4U48 solutions is minimizing hardware, where one 4U48 is the equivalent to two 2U systems. Deployment-wise, this means fewer cables, switches, peripherals, and less power consumption, which can dramatically reduce operation costs. Additionally, administrators can manage fewer storage systems with 4U48, which enhances storage maintenance efficiency.
The new solutions, available in two models – GS 4048U and GS 3048UT, support 48 U.2 NVMe SSDs in one appliance and the 100GbE host interface, making them ideal for workloads that require high IOPS and low latency.
“The launch of the EonStor GS U.2 NVMe all-flash 4U 48-bay storage system is a significant milestone. By breaking through the 2U form factor, our new storage provides customers with a cost-effective, high-capacity, all-flash, and easy-to-manage solution that will transform their data storage capabilities while saving operating costs,” said Frank Lee, Senior Director of Product Planning at Infortrend Technology.
Learn more about EonStor GS, GS 4048U, and GS 3048UT
Connect with Infortrend on LinkedIn
Contact Infortrend to Make an Inquiry
About Infortrend
Infortrend (TWSE: 2495) has been developing and manufacturing storage solutions since 1993. With a strong emphasis on in-house design, testing, and manufacturing, Infortrend storage delivers performance and scalability with the latest standards, user friendly data services, personal after-sales support, and unrivaled value. For more information, please visit www.infortrend.com
Infortrend® and EonStor® are trademarks or registered trademarks of Infortrend Technology, Inc.; other trademarks are the property of their respective owners.
View original content:https://www.prnewswire.co.uk/news-releases/infortrend-expands-nvme-all-flash-storage-lineup-with-high-capacity-4u48-models-reducing-management-complexity-and-operation-costs-301869540.html
The blockchain world continues to captivate with its blend of innovation, controversy, and global collaboration. In today’s briefing, we spotlight the latest developments, from token launches to regulatory crackdowns and academic partnerships.
KuCoin Introduces Trump Token on Spot Trading Platform
KuCoin has launched the official Trump Token on its spot trading platform, adding a new layer of political intrigue to the cryptocurrency market. Designed to capitalize on the former U.S. President’s enduring influence, the token represents the intersection of digital assets and cultural zeitgeist. While the move has garnered attention, it also raises questions about the broader implications of politically themed tokens in the blockchain space.
Source: PRNewswire
Trump Immortalized on Bitcoin Blockchain
Donald Trump’s image has been etched into Bitcoin’s blockchain, ensuring his face remains a permanent part of the decentralized ledger. This act highlights the creative and often polarizing ways blockchain technology can be utilized for artistic and symbolic purposes. The incident has sparked debate about the ethical and practical considerations of embedding non-financial data in immutable systems.
Source: Decrypt
Ripple Partners with Ireland’s Trinity College
Ripple has joined forces with Trinity College in Ireland to address pressing blockchain challenges. This partnership aims to advance research and develop innovative solutions to improve blockchain technology’s scalability, efficiency, and security. Such collaborations between academia and industry are vital for fostering the next generation of blockchain breakthroughs.
Source: Crypto.News
SEC Takes Action Against Engineer in GME Rug Pull Case
The U.S. Securities and Exchange Commission (SEC) has charged a New York engineer for orchestrating a rug pull involving a cryptocurrency named GME. The incident underscores the ongoing regulatory scrutiny facing the blockchain industry and highlights the need for robust consumer protection mechanisms to prevent fraudulent activities.
Source: Cryptopolitan
The Gambia’s Blockchain-Powered Digital Infrastructure Plan
The Gambia is embarking on an ambitious project to develop blockchain-powered digital infrastructure. This initiative aims to enhance governance, improve transparency, and boost economic growth. By leveraging blockchain technology, The Gambia seeks to position itself as a trailblazer in utilizing decentralized solutions for national development.
Source: Coingeek
Reflections and Projections
The blockchain ecosystem’s diversity is evident in today’s stories. KuCoin’s launch of the Trump Token and the embedding of Donald Trump’s image on the Bitcoin blockchain illustrate the interplay of culture and technology. Meanwhile, Ripple’s academic partnership with Trinity College highlights the sector’s commitment to solving foundational challenges.
The SEC’s enforcement actions remind us of the importance of regulatory oversight in ensuring the industry’s integrity. Lastly, The Gambia’s forward-thinking adoption of blockchain for national infrastructure development serves as an inspiring example of blockchain’s potential to drive meaningful change.
As the industry evolves, the balance between innovation, regulation, and ethical considerations will remain critical.
The post Blocks & Headlines: Today in Blockchain (KuCoin, Ripple, Trinity College) appeared first on News, Events, Advertising Options.
Blockchain Press Releases
Crypto Dawn: A Thrilling Journey into the Future of Cryptocurrency with 1 BTC & Tesla as Rewards
DUBAI, UAE, Jan. 20, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is excited to launch “Crypto Dawn” campaign for new users and traders, inviting them to embark on a journey into the vibrant world of cryptocurrency under the theme “Heading Towards the Bright Future of Cryptocurrency.” This initiative offers participants engaging opportunities to deposit, trade, collect crypto cards, and win remarkable prizes, including 1 BTC and a Tesla Model 3.
A New Era in Cryptocurrency
By 2025, Bitcoin has become a key geopolitical asset, with governments and central banks exploring its role in national reserves alongside gold and fiat currencies. Industry experts highlight recent policy shifts in major economies as a sign of Bitcoin’s growing importance in global finance. Discussions around creating dedicated Bitcoin reserves have further fueled optimism, reflecting a broader confidence in cryptocurrency’s future among advocates and markets worldwide.
Crypto Dawn: Deposit, Trade, and Collect
1. Deposit
Participants begin by depositing at least $100 to select from a variety of cryptocurrencies, including SOL, XRP, SUI, MNT, DOGE, AAVE, ENA, LINK, bbSOL, and TON. Each eligible deposit qualifies for a reward, distributed on a first-come, first-served basis, and grants one lottery ticket for daily rewards.
2. Trade
Trading activities allow participants to earn crypto cards, which represent different cryptocurrencies. Collecting at least six cards enables the synthesis of a lottery ticket, increasing eligibility for additional rewards. Frequent trading enhances opportunities to gather more cards and tickets. Lucky draw prizes include Tesla Model 3, Rolex Submariner, BTC, ETH, XRP tokens and others.
3. Collect
On Feb. 7, a Bitcoin block hash will determine the campaign’s grand prize winner. The participant whose lottery ticket numbers match the block hash most closely will be awarded 1 BTC.
Joan Han, Sales and Marketing Director of Bybit, shared her excitement about the campaign, stating, “Crypto Dawn exemplifies our commitment to creating engaging and rewarding experiences for our users. By offering a combination of fun, innovation, and significant prizes, we aim to make cryptocurrency more accessible and appealing to everyone.”
With a focus on fostering accessibility and engagement, Bybit’s “Crypto Dawn” campaign paves the way for new and seasoned traders to explore the possibilities of cryptocurrency while celebrating the innovation and opportunities of the digital asset space.
#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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Logo – https://mma.prnewswire.com/media/2267288/Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/crypto-dawn-a-thrilling-journey-into-the-future-of-cryptocurrency-with-1-btc–tesla-as-rewards-302355651.html
Blockchain Press Releases
From DeFi to Tokenization: Bybit’s Shunyet Jan Explores the Future of Crypto Trading at iFX EXPO
DUBAI, UAE, Jan. 20, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, was presented by Shunyet Jan, Head of Derivatives Business and Institutional Sales, at the iFX EXPO.
Shunyet joined an expert panel titled “Crypto Trading: Finding the Evergreen” to discuss the evolving dynamics of the cryptocurrency market. The session, moderated by Karnika E. Yashwant, Founder and Chairman of KEY Difference, featured Wael Makarem, Financial Markets Strategists Lead at Exness, alongside Shunyet. Together, the panelists explored the concept of “evergreen” strategies in crypto trading, examining how to identify and implement approaches that stand the test of time.
Reflecting on the discussion, Shunyet Jan said, “The iFX EXPO brought together some of the sharpest minds in trading and crypto to tackle the hard questions that define success in a volatile market. Sitting alongside Wael Makarem and Mr. Key on the panel, we delved into the forces shaping crypto’s future – from the integration of AI to the shifting role of institutional players and evolving regulations. Conversations like these are crucial for advancing the industry and helping participants find the ‘evergreen’ in an ever-changing landscape.“
Key discussion points included navigating market volatility, leveraging AI and machine learning for sustainable strategies, the role of institutional players and evolving regulations, and the importance of psychological resilience in long-term trading success. They also analyzed emerging market trends, such as DeFi and tokenization, and shared practical tips for avoiding common pitfalls and building diversified portfolios that thrive in a volatile environment.
Shunyet Jan also led a Gold and Forex workshop at Bybit’s Dubai HQ, generating strong interest in the platform. Bybit’s new MetaTrader-5 license provides professional traders with access to gold, forex, and cryptocurrencies, offering advanced tools, up to 500x leverage, competitive fees, and an intuitive interface for a seamless trading experience.
The iFX EXPO, the online trading industry’s biggest event series, bridges the world’s top brands with like-minded professionals, traders, and more. It has grown into a global standard, providing every individual a hub to network, exchange ideas, and grow their business. The iFX EXPO remains a vital platform for fostering dialogue and collaboration among industry leaders, and Shunyet’s contributions underscore Bybit’s commitment to advancing the cryptocurrency space.
#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
Photo – https://mma.prnewswire.com/media/2601577/Bybit_s_Shunyet_Jan.jpg
Logo – https://mma.prnewswire.com/media/2267288/Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/from-defi-to-tokenization-bybits-shunyet-jan-explores-the-future-of-crypto-trading-at-ifx-expo-302355234.html
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