– MiL.k decided to onboard on Arbitrum for accelerating its global business expansion
– Arbitrum is the leading Ethereum layer 2 solution for various dApps and Web3 projects
– Expected for the active collaboration with the Arbitrum ecosystem to strengthen partnerships with global blockchain projects primarily in Asia

SEOUL, South Korea, March 1, 2025 /PRNewswire/ — Milk Partners (CEO Jayden Jo), which operates the blockchain-based loyalty integration platform MiL.k, announced on the 27th that it plans to migrate to Arbitrum, the world’s largest Ethereum Layer 2, to expand its global Web3 ecosystem.

MiL.k made the decision to move their mainnet from the Luniverse chain to Arbitrum One Chain to secure infrastructure optimized for the Web3 business in the fast-changing market and strengthen partnerships in the global blockchain ecosystem.

MiL.k is a DApp that supports the integration and exchange of reward points from various service companies. By solving the difficulties arising from different database and policies for each company with blockchain technology, it has introduced a new standard of point utilization, revolutionizing the market. MiL.k has rapidly grown by establishing a loyalty ecosystem in collaboration with major domestic and international service companies such as AirAsia (global airline), Yanolja (No.1 online travel agency in Korea), OK Cashback (loyalty system of SK Group, the second largest group in Korea), Lotte L-Point (loyalty system of Lotte Group), CU (market No.1 convenience store in Korea), and Megabox (top multiplex in Korea).

Through the Arbitrum migration, MiL.k plans to solidify its global presence by actively pursuing diverse web 3 partnerships within the Arbitrum ecosystem and global service companies. Arbitrum is the representative Ethereum Layer 2 solution which offers the highest scalability to more than 1,000 projects, including 420 DeFi projects, 33 AI & Depin projects, and 63 gaming projects. By leveraging Arbitrum’s technological strengths and global influence, MiL.k will accelerate the global business development and market penetration through marketing collaborations with various projects.

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Both parties are planning to actively expand global business together based on the 1.5 million DApp users of MiL.k and the technical expertise and network of the Arbitrum Foundation. In particular, to strengthen the presence in global markets primarily in Asia, both parties plan to initiate various Web3-based marketing and business.

Jayden Jo, CEO of Milk Partners, stated, “This migration is a strategic decision that will accelerate MiL.k’s global expansion, going beyond a mere transition of the mainnet. Through the collaboration with Arbitrum, the positioning of the MiL.k will be a leading global web3 project.”

Meanwhile, even after migrating to the Arbitrum, MiL.k will maintain and strengthen its close collaboration with ‘Lamda 256’ operating company of the Luniverse chain. Both companies have agreed to actively cooperate to enhance stable blockchain infrastructure and services.

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In an era defined by rapid digital transformation, blockchain technology continues to reshape the landscape of finance, technology, and everyday life. As decentralized systems gain momentum, industry leaders and innovative startups are pushing the boundaries of what’s possible—from establishing trusted validator networks and securing multi-million-dollar investments to launching groundbreaking cross-chain solutions and driving blockchain adoption in capital markets. Today’s briefing explores the latest developments in blockchain and cryptocurrency through an op-ed-style daily roundup, offering in-depth analysis and thoughtful commentary on key trends. In this comprehensive article, we delve into five pivotal news stories that illustrate the dynamic evolution of the blockchain space.

Drawing on trusted sources such as Cointelegraph, Crypto.News, BusinessWire, Traders Magazine, and PR Newswire, this article examines how major players are shaping the future of decentralized technology. We analyze the implications of Deutsche Telekom’s new role as a validator on the Injective blockchain, the significant $200 million investment in blockchain-based lender Figure by Sixth Street, and Saga’s innovative cross-chain liquidity layer that promises to transform blockchain economics by eliminating gas fees. In addition, we explore UBS’s vigorous advocacy for blockchain-driven capital markets and Bybit Card’s efforts to merge the world of cryptocurrency with premium travel experiences.

Throughout this briefing, we emphasize the importance of keywords such as blockchain, cryptocurrency, Web3, DeFi, and NFTs to ensure that our analysis is accessible to professionals, enthusiasts, and curious digital citizens alike. Whether you are an investor, developer, or policymaker, understanding these trends is essential for navigating the ever-evolving digital ecosystem. Join us as we explore the key stories, their broader implications, and the strategic maneuvers that are setting the stage for a decentralized future.

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Introduction: Unpacking a New Era in Blockchain

Blockchain technology has evolved far beyond its origins as the backbone of Bitcoin. Today, blockchain represents a multifaceted revolution that is redefining industries—from decentralized finance (DeFi) and digital identity to supply chain management and beyond. The news of the day highlights not only technological innovations but also strategic partnerships, significant investments, and a proactive shift by traditional finance toward decentralized solutions.

The current state of the blockchain ecosystem is marked by a convergence of diverse trends. On one hand, established corporations like Deutsche Telekom are leveraging blockchain to enhance operational transparency and security. On the other, nimble startups and emerging platforms are challenging traditional financial systems by introducing innovative DeFi solutions and cross-chain protocols. These developments reflect a broader movement toward decentralization and digital democratization that promises to empower users, reduce friction in transactions, and create new economic models.

Our briefing today focuses on five major stories that capture the pulse of blockchain innovation. We begin with the strategic move by Deutsche Telekom to become a validator on the Injective blockchain—a decision that underscores the growing interest from established telecom giants in distributed ledger technology. Next, we examine how a blockchain-based lender, Figure, has secured a groundbreaking $200 million investment from Sixth Street, signaling robust confidence in blockchain-driven finance. We then turn our attention to Saga, which is making waves with the launch of a cross-chain liquidity layer designed to eliminate gas fees and redefine blockchain economics.

Further, we explore how UBS, one of the world’s leading financial institutions, is championing blockchain-driven capital markets as a transformative force in modern finance. Finally, we look at the innovative Bybit Card, which is not only redefining crypto payments but also integrating premium travel experiences into its service offering, thereby bridging the gap between digital assets and real-world utility.

Each of these stories is more than just a headline—they represent a shift in how we conceive, deploy, and benefit from blockchain technology. In the pages that follow, we will unpack these developments in detail, providing a balanced mix of technical insight, market analysis, and forward-looking commentary. Our aim is to offer you a holistic view of today’s blockchain landscape and to highlight the trends that are set to influence the digital economy in the years to come.

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Deutsche Telekom and Injective: A Strategic Validator Partnership

Embracing Decentralization: The Role of Validators

In a bold move that signals the growing institutional interest in blockchain technology, Deutsche Telekom has recently taken on the role of a validator on the Injective blockchain. Validators are the backbone of many blockchain networks—they are responsible for verifying transactions, maintaining network integrity, and ensuring the security of decentralized protocols. By stepping into this role, Deutsche Telekom is not only contributing its considerable technical expertise but also positioning itself as a key player in the evolution of blockchain infrastructure.

The Significance of Deutsche Telekom’s Involvement

Deutsche Telekom’s decision to become a validator on Injective is a testament to the increasing trust that traditional corporations are placing in decentralized systems. For a company with a long history in telecommunications, this move is both strategic and symbolic. It represents a fusion of legacy industry know-how with the disruptive potential of blockchain. Validators on networks like Injective are critical for maintaining a secure and reliable blockchain, and by bringing its robust infrastructure and experience to the table, Deutsche Telekom is setting a precedent for other large enterprises to follow.

This partnership also highlights the trend of traditional industries embracing blockchain not merely as a buzzword but as a transformative technology with real-world applications. As networks become more decentralized, the need for secure, efficient, and scalable validator solutions grows. Deutsche Telekom’s involvement in Injective’s ecosystem underscores a broader shift toward a more integrated digital future, where established companies and innovative startups collaborate to drive progress.

Industry Implications and Strategic Insights

From an op-ed perspective, the entry of Deutsche Telekom into the blockchain validation space signals a maturation of the industry. It reflects a growing recognition that blockchain is not just for cryptocurrencies but is a robust, scalable technology with far-reaching applications across multiple sectors. By lending its expertise to Injective, Deutsche Telekom is helping to ensure that the network remains secure and efficient, which in turn can boost investor confidence and pave the way for wider adoption.

Moreover, this move can spur further innovation within the blockchain ecosystem. With major telecom players now actively participating in decentralized networks, we may see enhanced network performance, reduced transaction times, and a surge in the development of new applications. This collaboration also serves as a model for how traditional industries can leverage blockchain technology to drive operational efficiencies and create new revenue streams.

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In summary, Deutsche Telekom’s role as a validator on the Injective blockchain is a landmark development that exemplifies the convergence of legacy industry expertise and cutting-edge technology. It underscores the importance of robust, scalable infrastructure in the burgeoning world of blockchain and sets the stage for further institutional adoption.
Source: Cointelegraph

Figure Secures $200M Investment: Fueling the Future of Blockchain-Based Lending

A New Chapter in Decentralized Finance

In a move that could redefine the landscape of decentralized finance, blockchain-based lender Figure has recently received a staggering $200 million investment from Sixth Street. This infusion of capital marks a significant milestone for Figure, a company that has been at the forefront of leveraging blockchain technology to disrupt traditional lending practices. By utilizing smart contracts, tokenization, and decentralized protocols, Figure aims to streamline financial services, reduce intermediaries, and offer more transparent and efficient lending solutions.

Unpacking the Investment and Its Implications

The substantial investment from Sixth Street is more than just a financial boost—it is a powerful vote of confidence in the potential of blockchain-based lending platforms. The capital will be used to accelerate Figure’s growth, enhance its technological capabilities, and expand its market presence. With this funding, Figure is well-positioned to drive innovation in the decentralized lending space, offering products that can challenge conventional banking systems.

For investors, this deal represents a clear signal that the era of traditional finance is giving way to a new paradigm defined by decentralization and transparency. Blockchain-based lending platforms like Figure offer a host of benefits, including faster loan processing, lower fees, and improved security. The use of blockchain ensures that every transaction is recorded on an immutable ledger, reducing the risks of fraud and errors while increasing accountability.

Strategic Analysis and Market Impact

From a strategic standpoint, Figure’s success is emblematic of the broader trends sweeping the financial services industry. As regulators and consumers alike demand greater transparency and efficiency, blockchain-based solutions are emerging as viable alternatives to legacy systems. The $200 million investment not only validates Figure’s business model but also highlights the significant market opportunity in the decentralized finance space.

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This investment has the potential to catalyze further innovation in the sector. As more capital flows into blockchain-based financial platforms, we can expect a proliferation of new products and services that challenge traditional banking norms. This shift is likely to spur a wave of innovation across the financial industry, driving competition and ultimately benefiting consumers with more choice and lower costs.

Moreover, Figure’s success may encourage other traditional financial institutions to explore blockchain solutions, fostering greater collaboration between legacy banks and fintech startups. Such partnerships could lead to the development of hybrid systems that combine the reliability of traditional finance with the agility and transparency of blockchain technology.

In conclusion, the $200 million investment in Figure marks a turning point in the evolution of decentralized finance. It underscores the transformative potential of blockchain in revolutionizing lending practices and paves the way for a more inclusive, transparent, and efficient financial ecosystem.
Source: Crypto.News

Saga’s Cross-Chain Liquidity Layer: Redefining Blockchain Economics

Breaking Down Barriers: The Quest for Interoperability

One of the most exciting developments in the blockchain space is the launch of Saga’s cross-chain liquidity layer—a groundbreaking solution designed to transform blockchain economics by eliminating gas fees and fostering seamless interoperability. In today’s fast-paced digital world, high transaction fees and limited cross-chain compatibility have long been major obstacles to blockchain adoption. Saga’s innovative approach aims to address these challenges head-on, offering a unified framework that simplifies asset transfers and enhances liquidity across multiple blockchain networks.

The Technology Behind the Innovation

Saga’s cross-chain liquidity layer leverages advanced smart contract protocols, automated market-making algorithms, and decentralized governance to create a frictionless environment for digital asset exchange. By integrating multiple blockchain networks into a single, cohesive ecosystem, Saga not only reduces the cost of transactions but also opens up new avenues for DeFi (decentralized finance) applications. The elimination of gas fees is particularly significant, as it removes a major barrier for users and developers alike, making blockchain-based transactions more accessible and economically viable.

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This technological breakthrough is set to have a profound impact on the broader blockchain landscape. By enabling true interoperability, Saga’s solution allows for the seamless transfer of value and information across previously siloed networks. This capability is essential for realizing the full potential of Web3, where decentralized applications (dApps) can operate across a myriad of blockchain environments without friction.

Strategic Implications and Market Dynamics

From an op-ed perspective, Saga’s cross-chain liquidity layer represents a paradigm shift in how we conceive blockchain economics. The ability to eliminate gas fees while facilitating interoperability addresses two of the most critical pain points in the current ecosystem. This innovation is likely to spur increased adoption of blockchain technology, as both individual users and enterprises will benefit from lower costs and enhanced functionality.

Moreover, Saga’s initiative is poised to catalyze further investments in cross-chain technologies. As the demand for interoperable solutions grows, other projects may follow suit, creating a virtuous cycle of innovation that accelerates the maturation of the blockchain industry. The broader implications are clear: a more interconnected blockchain environment can drive new business models, enhance liquidity, and ultimately lead to a more robust and resilient digital economy.

The introduction of this liquidity layer also underscores the importance of collaboration and open standards in the blockchain community. By working together to overcome technical challenges, developers and companies can create solutions that benefit the entire ecosystem. In this light, Saga’s cross-chain liquidity layer is not just a technological achievement—it is a strategic milestone that could redefine the economics of blockchain for years to come.
Source: BusinessWire

UBS Advocates for Blockchain-Driven Capital Markets: A Vision for the Future

Bridging Traditional Finance and Digital Innovation

In a bold statement of intent, UBS has emerged as a vocal advocate for blockchain-driven capital markets. As one of the world’s leading financial institutions, UBS recognizes the transformative potential of blockchain technology in modernizing the capital markets ecosystem. By championing the adoption of decentralized technologies, UBS is paving the way for more transparent, efficient, and secure financial systems that can better serve the needs of investors and institutions alike.

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The Case for Blockchain in Capital Markets

UBS’s advocacy for blockchain in capital markets is grounded in the technology’s ability to streamline processes, reduce operational costs, and enhance data security. Traditional capital markets often suffer from inefficiencies, including lengthy settlement times, high transaction fees, and a lack of transparency. Blockchain technology offers a compelling solution by providing a decentralized, immutable ledger that records every transaction in real time. This capability not only minimizes the risk of errors and fraud but also ensures that all parties have access to a single, verifiable source of truth.

Moreover, blockchain can facilitate the tokenization of assets, enabling new forms of liquidity and investment opportunities. By converting traditional securities into digital tokens, financial institutions can unlock previously inaccessible markets and create more dynamic, liquid trading environments. This shift has the potential to democratize access to capital markets, making it easier for smaller investors to participate and for companies to raise funds more efficiently.

Strategic Analysis and Broader Implications

From an opinion-driven perspective, UBS’s push for blockchain-driven capital markets is both visionary and pragmatic. It acknowledges the pressing need to modernize financial infrastructures while also highlighting the opportunities that decentralized technologies can bring. As blockchain continues to disrupt traditional finance, the role of established institutions like UBS becomes crucial in bridging the gap between legacy systems and the digital future.

UBS’s stance is likely to influence regulatory frameworks and industry standards, encouraging a more proactive approach to innovation within the financial sector. By advocating for blockchain integration, UBS not only positions itself as a forward-thinking leader but also contributes to the broader discourse on digital transformation in capital markets. This strategic move has far-reaching implications, from enhancing market efficiency to fostering greater trust among investors and regulators alike.

In essence, the advocacy for blockchain in capital markets is a call to action—a challenge to rethink the way financial systems operate in the 21st century. As more institutions join this movement, we can expect a significant reshaping of the financial landscape, characterized by increased transparency, reduced costs, and a more inclusive approach to capital formation.
Source: Traders Magazine

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Bybit Card: Elevating the Crypto Experience in Travel and Beyond

Integrating Blockchain with Everyday Utility

As the lines between digital assets and real-world utility continue to blur, innovative solutions are emerging that bring the benefits of cryptocurrency to everyday life. Bybit Card is one such innovation, merging the convenience of a traditional payment card with the power of blockchain technology. Designed to elevate the travel experience, the Bybit Card now offers premium lounge access and even the chance for first-class flights, making it an enticing option for crypto enthusiasts and frequent travelers alike.

The Technology and Features Behind Bybit Card

The Bybit Card represents a new generation of financial products that integrate cryptocurrency into conventional consumer services. With this card, users can seamlessly convert their digital assets into fiat currency at the point of sale, enjoy exclusive travel perks, and access premium services that enhance their overall journey. The integration of blockchain technology ensures that transactions are secure, transparent, and efficient, while the added travel benefits differentiate the card from traditional offerings.

This innovative product not only highlights the growing adoption of cryptocurrencies but also underscores the potential for blockchain to disrupt and improve everyday financial services. By combining the best aspects of digital finance with tangible real-world benefits, Bybit Card is setting a new standard for what consumers can expect from crypto-enabled financial products.

Market Impact and Strategic Perspectives

From an op-ed standpoint, Bybit Card’s foray into the travel sector is emblematic of the broader trend of mass adoption in the cryptocurrency industry. As digital assets become more mainstream, the integration of blockchain technology into everyday financial products will accelerate. The Bybit Card is a clear signal that the future of finance lies in products that offer not only security and efficiency but also enhanced user experiences that bridge the digital and physical worlds.

This move is likely to prompt traditional financial institutions to reexamine their own offerings and consider how they can incorporate blockchain-driven features to stay competitive. Moreover, the success of Bybit Card could spur further innovations in the realm of crypto payments and loyalty programs, ultimately benefiting both consumers and merchants.

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In conclusion, Bybit Card’s innovative approach to merging cryptocurrency with premium travel experiences is a noteworthy development that underscores the transformative potential of blockchain technology in everyday life. It reflects a broader shift toward financial products that are not only functional but also engaging and value-added.
Source: PR Newswire

Synthesis and Strategic Insights: The Day’s Major Takeaways in Blockchain

Convergence of Innovation and Real-World Utility

Today’s blockchain briefing brings together a diverse set of stories that illustrate the multifaceted nature of the industry. From strategic validator partnerships and multi-million-dollar investments to groundbreaking cross-chain solutions, blockchain is proving to be a disruptive force with far-reaching implications. The convergence of technology and finance is evident in every story—from Deutsche Telekom’s validator role on Injective to Figure’s record-breaking investment, Saga’s gas fee-eliminating liquidity layer, UBS’s advocacy for blockchain-driven capital markets, and Bybit Card’s innovative fusion of crypto with travel.

Each of these developments underscores a key trend: the evolution of blockchain technology from a niche innovation into a mainstream, transformative force. The integration of blockchain into established industries, combined with the rapid pace of technological innovation, is creating new opportunities for efficiency, transparency, and value creation. As more players—from traditional telecom giants to agile fintech startups—embrace blockchain, the ecosystem becomes more robust, competitive, and poised for future growth.

Implications for Investors, Developers, and Policymakers

For investors, the stories of Figure’s significant funding and the rise of cross-chain technologies like Saga’s liquidity layer signal a ripe opportunity to back projects that are at the forefront of blockchain innovation. The infusion of capital into blockchain-based lending and the rapid development of interoperable systems are indicators of a maturing market that promises substantial returns.

For developers and technologists, the increasing adoption of blockchain by major institutions like Deutsche Telekom and UBS highlights the need for cutting-edge skills and innovative approaches. As the demand for secure, scalable, and user-friendly blockchain solutions grows, developers are challenged to push the envelope and create technologies that not only meet market demands but also anticipate future needs.

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Policymakers, on the other hand, are confronted with the challenge of balancing regulation with innovation. As blockchain disrupts traditional financial systems, there is an urgent need for regulatory frameworks that protect consumers and ensure market integrity without stifling innovation. The advocacy for blockchain-driven capital markets by institutions like UBS underscores the importance of forward-thinking policy that can adapt to rapid technological change.

Looking Ahead: A Vision for a Decentralized Future

The insights from today’s briefing point to a future where blockchain technology becomes an integral part of our economic and social fabric. As the lines between digital and physical assets continue to blur, the benefits of decentralization—transparency, efficiency, and democratization—will become increasingly apparent. The stories we have examined today are not isolated events; they are part of a larger narrative that is reshaping industries and driving us toward a decentralized future.

Investors, developers, and policymakers alike must work together to harness the transformative power of blockchain while navigating the challenges that come with rapid innovation. The evolution of blockchain from a disruptive technology to a foundational element of the digital economy is well underway, and those who adapt to this new paradigm will be best positioned to succeed.

Conclusion: Charting the Future of Blockchain

As we conclude today’s comprehensive blockchain briefing, it is clear that the industry is experiencing a period of rapid transformation and unparalleled innovation. The convergence of strategic partnerships, significant investments, and technological breakthroughs is driving blockchain into the mainstream, redefining how we think about finance, technology, and everyday interactions.

The stories highlighted in this briefing—from Deutsche Telekom’s validator role on Injective and Figure’s groundbreaking $200M investment to Saga’s revolutionary cross-chain liquidity layer, UBS’s push for blockchain-driven capital markets, and Bybit Card’s innovative approach to merging crypto with travel—demonstrate the dynamic nature of the blockchain ecosystem. They serve as a reminder that innovation is not only about technology but also about creating real-world value and utility.

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For industry professionals and enthusiasts, today’s developments offer valuable insights into the trends that will shape the future of blockchain. The move toward decentralization is more than a technological shift—it is a transformative process that has the potential to democratize finance, enhance security, and foster greater collaboration across sectors.

Looking ahead, the blockchain space is poised for continued growth and evolution. The innovations we have explored today are just the beginning; as technology advances and regulatory frameworks adapt, we can expect even more groundbreaking developments that will further integrate blockchain into our daily lives. By staying informed and embracing these changes, investors, developers, and policymakers can play a pivotal role in shaping a decentralized future that benefits everyone.

In closing, the blockchain revolution is well underway, and its impact will be felt across industries and geographies. As we navigate this exciting and ever-changing landscape, one thing remains certain: the potential of blockchain technology is limitless, and the journey toward a more transparent, efficient, and inclusive digital economy has only just begun.

Thank you for joining us for today’s in-depth exploration of the blockchain and cryptocurrency world. We hope this briefing has provided you with valuable insights and a deeper understanding of the trends driving the industry. Stay tuned for more updates as we continue to cover the stories that matter in the dynamic world of blockchain.

The post Blocks & Headlines: Today in Blockchain – February 28, 2025 – Featuring Deutsche Telekom, Injective, Figure, Saga, UBS, Bybit Card appeared first on News, Events, Advertising Options.

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DUBAI, UAE, Feb. 28, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, announced an exclusive opportunity for USDT holders to maximize their earnings with a limited-time Fixed Savings Plan offering an impressive 15% Annual Percentage Rate (APR).

The USDT Flash Deal invites participants to stake their USDT and earn rewards in just seven days while having the chance to share a prize pool of 300,000 USDT. The event is scheduled to run from February 26 until March 26, 2025.

Participants will begin by depositing USDT into their Bybit accounts using any supported method before selecting the 7-day USDT Fixed Savings Plan to secure the guaranteed APR. With deposit limits set between 1,000 USDT and 10,000 USDT, the initiative is designed to deliver a fast and efficient way to grow digital assets.

Joan Han, Sales & Marketing Director at Bybit, commented on the initiative: “We understand that market conditions can be unpredictable, which is why we continue to offer different ways for users to manage and grow their assets. This Flash Deal is designed to provide a high-yield opportunity with stability, helping our community navigate market fluctuations with confidence.”

The promotion is available on a first-come, first-served basis and permits only a single stake per eligible user. It is open exclusively to users who have recently deposited a minimum amount and completed Identity Verification Level 1, with certain restrictions applying in select jurisdictions. Bybit continues to set industry benchmarks in digital asset management by delivering innovative financial solutions.

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#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

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