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Retail Logistics Market to Hit $626.59 Billion by 2030: Grand View Research, Inc.

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SAN FRANCISCO, July 11, 2023 /PRNewswire/ — The global retail logistics market size is anticipated to reach USD 626.59 billion by 2030, registering a CAGR of 12.5% over the forecast period, according to a new report by Grand View Research, Inc. The growth is likely to be driven by new last-mile delivery methods, such as the introduction of the Internet of Things (IoT), the use of data analytics, and urban warehousing, among others, in the supply chain. An IoT-based supply chain connects much technical equipment using sensors, allowing for real-time data collecting on critical aspects such as filing rate and temperature. IoT-based supply chain solutions also provide merchants with unprecedented inventory control and accuracy. IoT sensors integrated into warehouses and storage facilities continually check stock levels, initiating replenishment orders automatically when specific criteria are achieved. This data-driven strategy reduces stockouts and overstocks while optimizing inventory levels and lowering carrying costs.

Key Industry Insights & Findings from the report:

  • Due to rising internet penetration and increased worldwide trade activities, the retail logistics industry is expected to develop significantly during the projected period.
  • The conventional retail logistics segment held a substantial market share in 2022, due to the growing preference of customers; who relied less on the Internet and favored shopping in traditional brick-and-mortar stores.
  • The supply chain solution segment accounted for a notable market share in 2022 as a result of the increased adoption of cloud-based solutions in supply chain management. These solutions enabled retail companies to effectively track and optimize transportation as well as efficiently manage returns.
  • The roadways segment emerged as the dominant market player in 2022 within the mode of transport segment. This can be attributed to the rising demand for road vehicles in the transportation of retail products over long distances, especially within domestic regions.
  • In terms of regional share, the Asia Pacific region led the market in 2022 and is projected to grow significantly during the forecast period. The presence of a significant consumer base for retail items is accelerating the expansion in the region.
  • The leading market players’ principal strategies consist of partnerships & collaborations, mergers & acquisitions, and expansions among others. For instance, in October 2022, Boohoo Group plc, a UK-based fashion retailer with annual sales exceeding $2.4 billion, selected DHL Supply Chain, a contract logistics firm and a subsidiary of Deutsche Post DHL Group based out in Germany, to oversee its inaugural distribution center in the United States. DHL Supply Chain will offer warehousing solutions to support Boohoo’s anticipated expansion in the US market.

Read  full market research report, “Retail Logistics Market Size, Share & Trends Analysis Report By Type (Conventional Retail Logistics, E-commerce Retail Logistics), By Solution, By Mode Of Transport, By Region, And Segment Forecasts, 2023 – 2030“, published by Grand View Research.

Retail Logistics Market Growth & Trends

Customers can also benefit from technical improvements such as intelligent distribution robots and automated sorting systems, ushering in a new era of smart logistics. Key firms can comprehend the genuine demands of customers faster and more accurately owing to t the majority of the links in the new retail format that have been digitalized and are readily available in real-time, combined with the usage of new technologies such as machine learning (ML), big data, and artificial intelligence (AI).

Moreover, AI and ML algorithms may improve logistics planning in various ways, including route planning, fleet management, and delivery scheduling. AI-powered systems construct optimal delivery routes by considering elements such as traffic conditions, delivery time windows, and vehicle capacity, lowering transportation costs and enhancing operational efficiency. Advanced AI algorithms may also optimize resource allocation, such as warehouses, labor, and transportation, to simplify operations and satisfy consumer needs cost-effectively.

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To update existing retail formats, retail firms and traditional distribution channels should focus on B2C e-commerce, self-service vending machines, B2B wholesale distribution, and O2O. Additionally, factors such as growing globalization, an increase in international retailing, and an improvement in the economy owing to the increasing tax-generated revenue from the goods imported and exported are expected to assist the industry’s growth in the coming years.

The rapid expansion of retail e-commerce has opened up several new opportunities for new and prominent players in the market. However, retail e-commerce is facing several financial and operational issues in recent years. Return shipments are becoming a more common element of logistics processes, thus posing operational issues and the potential to minimize logistic-related costs. Moreover, poor infrastructure can hinder the market’s growth by making market participants hesitant to spend and expand.

Retail Logistics Market Report Scope 

Report Attribute

Details

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Market size value in 2023

USD 274.31 billion

Revenue forecast in 2030

USD 626.59 billion

Growth rate

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CAGR of 12.5% from 2023 to 2030

Base year for estimation

2022

Historical data

2017 – 2021

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Forecast period

2023 – 2030

 

Retail Logistics Market Segmentation

Grand View Research has segmented the global retail logistics market based on type, solution, mode of transport, and region:

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Retail Logistics Market – Type Outlook (Revenue, USD Billion, 2017 – 2030)

  • Conventional Retail Logistics
  • E-commerce Retail Logistics

Retail Logistics Market – Solution Outlook (Revenue, USD Billion, 2017 – 2030)

  • Commerce Enablement
  • Supply Chain Solutions
  • Reverse Logistics & Liquidation
  • Transportation Management
  • Others

Retail Logistics Market – Mode of Transport Outlook (Revenue, USD Billion, 2017 – 2030)

  • Railways
  • Airways
  • Roadways
  • Waterways

Retail Logistics Market – Regional Outlook (Revenue, USD Billion, 2017 – 2030)

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • France
  • Asia Pacific
    • China
    • India
    • Japan
    • Australia
  • Latin America
    • Brazil
    • Mexico
  • Middle East & Africa

List of Key Players in the Retail Logistics Market

  • XPO Logistics, Inc.
  • DSV
  • Kuehne + Nagel International
  • C.H. Robinson Worldwide, Inc.
  • Nippon Express
  • FedEx
  • Schneider
  • United Parcel Service
  • APL Logistics Ltd
  • DHL International GmbH
  • A.P. Moller – Maersk

Check out more related studies published by Grand View Research:

  • Logistics Automation Market – The global logistics automation market size is expected to reach USD 90.00 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to witness a CAGR of 14.7% over the forecast period. Logistics operations are critical factors in the smooth functioning of the supply chain of any business, especially low-margin, high-volume businesses. The logistics sector is witnessing a continuous increase in investments with a significant emphasis on the automation of several logistics functions. Automation enhances efficiency and aids in integrating supply chains; thus, automation is increasingly getting adopted across sectors. The growing tendency of the logistics industry towards adopting automation solutions is one of the significant factors driving the growth of the logistics automation industry.
  • Connected Logistics Market – The global connected logistics market size is expected to reach USD 86.57 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to witness a CAGR of 14.5% in the forecast period. The term ‘connected logistics’ refers to a collection of tools, and platforms, including hardware and software, that enable real-time tracking of commodities sent by land, rail, air, and sea routes.
  • Secure Logistics Market – The global secure logistics market size is anticipated to reach USD 153.44 billion by 2030, registering a CAGR of 8.9% over the forecast period, according to a new report by Grand View Research, Inc. ATMs play a vital role in maintaining the core banking touchpoint with consumers. Initially, ATMs were introduced to reduce congestion in branches. However, the types of services provided at ATMs have expanded significantly. The increasing trend of introducing cash recycling ATMs is likely to accelerate the ATM market growth. Economic size and population density have a positive impact on the financial sector. The densely populated countries have a higher ATM penetration and higher geographic branch.

Browse through Grand View Research’s  Automotive & Transportation Research Reports.

About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

Contact:

Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc.
Phone: 1-415-349-0058
Toll Free: 1-888-202-9519
Email: [email protected]
Web: https://www.grandviewresearch.com
Grand View Compass | Astra ESG Solutions
Follow Us: LinkedIn | Twitter

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Blocks & Headlines: Today in Blockchain – May 9, 2025

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Welcome to Blocks & Headlines, your daily deep-dive into the most impactful movements in blockchain technology and the cryptocurrency sector. In today’s edition, we unpack five major stories that illuminate trends in funding, sustainability, payment innovation, banking collaborations, and technical interoperability—all vital signposts for developers, investors, and Web3 enthusiasts. Here’s what’s on the docket:

  1. Camp Network’s New IP-Focused Testnet

  2. Blockchain for Sustainable Packaging

  3. Meta’s Blockchain-Based Payment System Plans

  4. Mocse Credit Union Joins Metal Blockchain’s Innovation Program

  5. Apex Fusion on the Urgency of Blockchain Defragmentation

Through concise reporting, opinion-driven analysis, and SEO-optimized insights—featuring keywords like blockchain, cryptocurrency, Web3, DeFi, and NFTs—we’ll explore how these developments shape the next wave of decentralized finance, enterprise adoption, and mass onboarding.


1. Camp Network Launches Testnet for IP-Focused Blockchain

What Happened:
Camp Network has unveiled its long-anticipated testnet following a $30 million funding round led by leading crypto VCs. This new network is tailored for intellectual property (IP) asset tokenization, aiming to streamline rights management and royalty payments via smart contracts.

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  • Technical Highlights:

    • Modular Consensus: Hybrid PoS/PoA consensus that allows IP rightsholders to validate transactions.

    • On-Chain Licensing: Smart contracts enabling programmable licensing terms, automated royalty splits, and revocable access controls.

    • Interoperability: Bridges to Ethereum and Polygon enable seamless asset transfers and liquidity provisioning.

Analysis & Implications:
By focusing on IP tokenization, Camp Network addresses a glaring gap in current NFT platforms, which often lack robust legal-framework integration. This specialization could catalyze:

  • New Revenue Models: Musicians, authors, and inventors can fractionalize royalties, unlocking liquidity and democratizing investment in creative works.

  • Institutional Adoption: Traditional publishers and studios may pilot tokenized licensing, accelerating blockchain’s entrée into regulated industries.

  • Secondary Markets: With on-chain licensing data, marketplaces can enforce provenance and anti-fraud measures more effectively.

Camp Network’s testnet success will hinge on developer tooling, legal partnerships, and gas-fee economics. Should it deliver a smooth UX and clear ROI for rightsholders, it could set a new standard for Web3 IP infrastructure.

Source: The Block


2. Blockchain as a Sustainable Packaging Game-Changer

What Happened:
A recent report explores how blockchain can revolutionize sustainable packaging by delivering end-to-end supply-chain transparency. The solution combines on-chain tracking of materials, IoT sensor data for carbon footprint measurement, and tokenized incentives for recycling.

  • Key Components:

    • Immutable Traceability: Each packaging component is logged on a public ledger, enabling consumers to verify sustainable sourcing.

    • Carbon Credit Tokens: Brands earn tokenized credits when they hit recycling targets, tradable on carbon-market DAOs.

    • Consumer-Facing Apps: QR-code scanning interfaces reveal environmental impact metrics and reward programs.

Analysis & Implications:
Integrating blockchain with sustainable packaging tackles greenwashing and fragmented reporting. The ability to tie physical materials to on-chain records introduces:

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  • Enhanced Accountability: Brands face real-time public scrutiny of ESG claims, improving trust and regulatory compliance.

  • Market Mechanisms: Carbon credit tokens linking packaging to broader DeFi ecosystems incentivize circular economy behaviors.

  • Consumer Engagement: NFTs or loyalty tokens tied to sustainable purchases could accelerate brand loyalty in eco-conscious demographics.

This convergence of blockchain, IoT, and token economics exemplifies how decentralized technologies can underpin not only financial systems but also planetary stewardship.

Source: Yahoo Finance


3. Meta Plans New Blockchain-Based Payment System

What Happened:
Meta is reportedly developing a blockchain-powered payment network to underpin its digital wallet ambitions, aiming to facilitate low-fee remittances, in-app purchases, and peer-to-peer transfers across Facebook, Instagram, and WhatsApp.

  • Proposed Features:

    • Cross-Border Settlements: Utilizing stablecoins pegged to major fiat currencies to avoid volatility.

    • Layer-2 Scalability: Built atop an Ethereum Layer-2 or a proprietary chain to ensure sub-second confirmation times and minimal fees.

    • Regulatory Compliance: On-chain KYC/AML checks integrated via permissioned sidechains.

Analysis & Implications:
Meta’s push into blockchain payments could reshape the competitive landscape:

  • Crypto On-Ramp: With 3 billion+ monthly users, built-in wallet functionality could massively expand mainstream cryptocurrency adoption.

  • Disintermediation Risk: Traditional payment processors and remittance services face margin compression as Meta internalizes transaction flows.

  • Regulatory Scrutiny: Centralized control of a global payments network raises data-privacy and antitrust questions, likely attracting significant oversight.

If Meta balances decentralization ethos with compliance demands, it could serve as a blueprint for other Big Tech firms eyeing Web3 integration.

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Source: Dig.watch


4. Mocse Credit Union Joins Metal Blockchain’s Banking Innovation Program

What Happened:
Mocse Credit Union has signed on to Metal Blockchain’s Banking Innovation Program, a consortium designed to accelerate pilot projects in tokenized lending, fractional deposits, and programmable savings accounts.

  • Program Benefits:

    • Sandbox Environment: Regulatory-compliant testbeds for tokenized asset experiments.

    • API Integrations: Plug-and-play modules for KYC, smart-contract auditing, and fiat-crypto on-ramps.

    • Co-Innovation Workshops: Joint labs with fellow financial institutions and DeFi projects.

Analysis & Implications:
This partnership signals the banking sector’s growing willingness to explore blockchain beyond hype:

  • Tokenized Deposits: By issuing interest-bearing stablecoin equivalents, credit unions can attract a new demographic of digitally native savers.

  • Risk Management: Sandboxed pilots allow institutions to evaluate smart-contract risks without exposing core systems.

  • Interoperable Finance: Aligning legacy banking with DeFi rails can unlock hybrid products—e.g., flash loans collateralized by insured deposits.

Such collaborations could spearhead a wave of embedded finance offerings, blurring the lines between centralized and decentralized banking infrastructures.

Source: Newswire

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5. Apex Fusion: Defragmenting Blockchain for Mass Adoption

What Happened:
In an op-ed, Apex Fusion argues that blockchain interoperability and defragmentation are critical prerequisites for mainstream Web3 uptake. The piece advocates standardized cross-chain messaging protocols, unified identity layers, and aggregated liquidity pools.

  • Core Proposals:

    • Protocol Neutral Messaging: A universal middleware to transmit value and data across disparate chains.

    • Decentralized Identity (DID): A shared credential framework enabling seamless dApp logins without wallet-hopping.

    • Liquidity Hubs: Cross-chain Automated Market Makers (AMMs) that pool assets to reduce slippage and gas friction.

Analysis & Implications:
A fragmented blockchain ecosystem hinders user experience and developer efficiency:

  • Onboarding Friction: New users face wallet complexity, chain-switching hassles, and inconsistent UX across apps.

  • Capital Inefficiency: Isolated liquidity silos lead to higher trading costs and limit DeFi yield optimization.

  • Developer Overhead: Building multichain dApps requires fragmented toolkits and disparate security audits.

Solving these challenges through interoperable frameworks will be pivotal for DeFi, NFT, and enterprise Web3 solutions to scale beyond niche audiences. Apex Fusion’s recommendations may inform upcoming standards efforts by bodies like the Blockchain Governance Initiative Network (BGIN).

Source: Euro Weekly News


Conclusion

Today’s blockchain developments reflect a maturing industry at the crossroads of innovation and integration:

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  • Specialized Networks: Camp Network’s IP testnet showcases niche use-cases driving targeted blockchain deployments.

  • Sustainability & Token Economics: Linking environmental impact to on-chain incentives demonstrates blockchain’s potential in non-financial arenas.

  • Big Tech Entry: Meta’s payment ambitions could accelerate global crypto adoption while raising regulatory stakes.

  • Banking Collaboration: Programs like Metal Blockchain’s underscore financial institutions’ appetite for safe, regulated Web3 experimentation.

  • Interoperability Imperative: As Apex Fusion highlights, defragmentation and cross-chain standards are essential for seamless UX and liquidity flow.

As blockchain weaves deeper into finance, supply chains, and digital ecosystems, the future hinges on striking the right balance between decentralization, compliance, and user-centric design. Stay tuned for tomorrow’s Blocks & Headlines where we continue to chronicle the pulse of Web3 innovation.

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Blockchain Press Releases

Bybit Surpasses 70 Million Users, Reinforces Commitment to Transparency and Institutional Growth

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DUBAI, UAE, May 9, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, today announced it has surpassed 70 million registered users, a milestone that highlights the platform’s sustained global growth and deepening trust among both retail and institutional clients. This achievement underscores Bybit’s robust market presence and its steadfast commitment to security, compliance, and product innovation.

“Reaching 70 million users is more than a number—it’s a testament to the trust our global community places in us,” said Ben Zhou, co-founder and CEO of Bybit. “We are doubling down on compliance, institutional-grade infrastructure, and user-centric innovation to ensure everyone—from first-time traders to global institutions—can access the future of finance with confidence.”

Strengthening Global Compliance and Regulatory Engagement
Bybit continues to expand its global compliance framework, working closely with regulators around the world. Most recently, Bybit held strategic discussions with Vietnam’s Ministry of Finance, contributing to the country’s regulatory sandbox initiative by sharing expertise in KYC, AML, and international best practices.

Bybit has also made key progress in major jurisdictions, including the United Arab Emirates, further demonstrating its commitment to regulatory alignment and operational transparency.

Accelerating Institutional Growth
Bybit is seeing rapid growth among institutional clients, driven by high-performance trading infrastructure, advanced risk controls, and strategic partnerships. The integration with Zodia Custody—a leading provider of institutional-grade custody and off-venue settlement solutions—reflects Bybit’s ongoing efforts to meet the needs of sophisticated investors with robust, compliant offerings.

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Pioneering Web3 Integration and Real-World Utility
Bybit continues to lead in practical Web3 innovation. The Bybit Card, now used by nearly 2 million people, enables everyday crypto spending, while Bybit Pay streamlines on-chain and off-chain transactions for both users and merchants.

In line with its user-first philosophy, Bybit is also leveraging artificial intelligence to enhance trading, research, and support services. CryptoLens, an in-house AI analytics tool, offers users deep insights into token fundamentals, community activity, social trends, and tokenomics—even for projects not listed on the platform. TradeGPT, an AI agent trained on Bybit’s proprietary data, delivers rapid price action summaries and technical analysis, helping traders make smarter decisions. Complementing these innovations, an AI Support Agent enhances customer service by improving response efficiency and user experience across the platform.

Bridging Traditional Finance and the Future of Digital Assets
Bybit remains committed to its role as #TheCryptoArk—a safe, trusted bridge from traditional finance into the world of Web3. Through intuitive products, regulatory collaboration, and cutting-edge technology, Bybit empowers users of all levels to navigate and thrive in the digital asset ecosystem.

“We’re building the infrastructure for the next era of finance,” Ben added. “By championing regulation, professionalism, and a relentless user-first approach, we’re shaping a safer, more inclusive, and more empowering financial future for all.”

#Bybit / #TheCryptoArk

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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

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Blockchain Press Releases

Unleashing the Power of Futures Combo Bots on Bybit: Leveling up Futures Trading with More Rewards

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DUBAI, UAE, May 9, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, Futures Combo Carnival, a month-long trading event rewarding both new and experienced Futures Combo traders with multiple rewards tracks. Trading thresholds start at 300 USDT with rewards of up to 500 USDT in prizes weekly. 

The largest Futures Combo campaign on Bybit to date, the Carnival gives traders even more reasons to make their futures trading journey hassle-free and more rewarding. Bot-enabled automated trading is becoming the norm among strategic traders in a turbulent market, where no traders can afford manmade mistakes or delays in execution.  

Bybit’s Futures Combo Bot is a powerful tool for streamlining users’ futures trading experience, empowering them to build portfolios and rebalance positions across multiple futures contracts. The innovative solution allows traders to set up a Bot within minutes, minimizing manual management of complex trading strategies, and achieving both efficiency and flexibility when managing combos of futures contracts.

From now to Jun. 9, 2025, eligible Bybit users may take part in two events with a welcome bonus for first-time users:

  1. The Combo Battle offers newcomers who achieve a trading volume of 300 USDT an immediate 5 USDT Bot Bonus on a first-come, first-served basis, while experienced traders can earn lucky draw tickets by reaching volume milestones of 1,000 USDT and 2,500 USDT respectively using Bybit’s Futures Combo Bot.
  2. The Combo Challenge  invites Mandarin-speaking Key Opinion Leaders to create and share their trading strategies on social media using the hashtag #ComboChallenge, with three weekly winners receiving 500 USDT each.

Bybit is committed to making futures trading more accessible to users looking to diversify their trading strategies. With rewards designed for both newcomers and experienced traders, this event strengthens community engagement while supporting users wherever they are on their trading journey. For more details and terms and conditions, users may visit: Bybit Futures Combo Carnival

#Bybit / #TheCryptoArk

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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 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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