Blockchain Press Releases
PQShield selected to participate in AWS European Defence Accelerator
LONDON and OXFORD, England, July 12, 2023 /PRNewswire/ — PQShield, a leading provider of quantum-safe cryptographic solutions, has been selected by AWS to participate in its AWS European Defence Accelerator, to advance the development and deployment of cutting-edge quantum-resistant encryption technology. This collaboration elevates PQShield’s ability to support defense and national security organizations across Europe and addresses four key focus areas of the defense industry’s needs identified by the AWS European Defence Accelerator.
Energy Resilience:
Cryptography plays a pivotal role in securing critical national infrastructure (CNI), as it remains a primary target for nation-state attacks. PQShield’s innovative cryptographic solutions will bolster the energy sector’s resilience, protecting vital assets and ensuring uninterrupted service.
Secure Information Sharing:
Confidentiality and integrity are paramount in secure information sharing. PQShield’s advanced encryption algorithms provide robust protection for sensitive data, guaranteeing its confidentiality and integrity during transmission and storage.
Quantum:
As quantum advancements accelerate, the need for quantum-safe cryptography becomes increasingly urgent. PQShield is at the forefront of this evolving field, developing and implementing cryptographic solutions that can withstand the power of quantum computers.This collaboration will enable rapid advancements in the realm of quantum cryptography.
Cyber Resilience:
Cryptography forms the cornerstone of multi-domain system integration and is crucial for enhancing cyber resilience. PQShield’s expertise in quantum-safe cryptography will fortify cyber defenses, ensuring secure communications and protecting against emerging threats.
Beginning in September 2023, the AWS European Defence Accelerator is a four-week technical, business, and mentorship program delivered in collaboration with Plexal, a United Kingdom Government supported innovation technology firm. Participating startups are eligible to receive AWS computing credits, specialized AWS training, mentoring from defense and national security domain and technical subject matter experts, business development, go-to-market advice, and investment guidance. To further accelerate their solutions’ go-to-market opportunities, the cohort companies will have the chance to connect with AWS defense customers, industry leaders, and members of AWS Partner Network (APN) looking for defense solutions.
With a strong track record of successfully completing joint innovation projects, such as IUK and Horizon, POShield is well-positioned to contribute to this transformative endeavor. Backed by a world-class research team, PQShield recognizes that collaboration is key to securing the migration to quantum-safe cryptography and beyond.
PQShield already plays a vital role in policymaking discussions and standard-setting projects, as well as supporting the wider global move towards quantum-safe solutions, for example, being a leading contributor to the US National Institute of Standards and Technology (NIST) process to standardize post-quantum cryptography that concludes this summer, and advised on / contributed to all of the algorithms announced in the first group of winners in July 2022.
The AWS European Defence Accelerator provides an unprecedented opportunity to collaborate with multiple organizations simultaneously, driving innovation and reinforcing the security landscape.
“Virtually every organization, government and device in the world relies on public-key cryptography that will be rendered useless by large-scale quantum computers,” said Dr. Ali El Kaafarani, CEO, PQShield. “The result could be particularly devastating for defense and national security agencies. This collaboration will arm our team with better tools to help the defense industry modernize their cryptography and build in quantum-resistant encryption to protect their systems.”
Cameron Brooks, AWS Director (Europe) said “I congratulate PQShield and all those selected to participate in the AWS European Defence Accelerator.”
About PQShield
PQShield is a post-quantum cryptography (PQC) company creating the global standards and core technologies to power the future security layer of the world’s leading organizations. Its quantum-secure cryptographic solutions work with companies’ legacy systems to protect sensitive data now and for years to come.
It is the only cybersecurity company that can deliver high-quality secure implementations of quantum-safe cryptography on chips, in applications, and in the cloud, and is also an authority on PQC side channel attack resistance, having built a dedicated SCA test lab with partner, Riscure.
PQShield is also a leading contributor to the National Institute of Standards and Technology (NIST) post-quantum cryptography standardization project, and has contributed multiple cryptographic extensions to RISC-V.
With dedicated research teams in France, and teams across the United Kingdom, United States, Belgium, the Netherlands and Japan, PQShield is principally backed by Addition, Crane Venture Partners, Oxford Science Enterprises (formerly OSI), Kindred Capital, and InnovateUK. Its latest white papers are available to read here.
View original content:https://www.prnewswire.co.uk/news-releases/pqshield-selected-to-participate-in-aws-european-defence-accelerator-301875699.html
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.
Media Contact
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[email protected]
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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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View original content:https://www.prnewswire.co.uk/news-releases/bybit-p2p-unlocks-20-000-usdt-prize-pools-for-select-users-in-south-asia-and-africa-302337255.html
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