Blockchain Press Releases
MGI Empowers Life Sciences Industry with Revolutionary What If Campaign at XXIIIrd International Congress of Genetics
MELBOURNE, Australia, July 17, 2023 /PRNewswire/ — MGI Tech Co. Ltd. (MGI), a company committed to building core tools and technology to lead life science, today announced the launch of a global brand campaign titled “What If?” at the XXIII International Congress of Genetics (ICG), a five-yearly conference to bring together the international genetics community from around the world. Capturing MGI’s extensive capabilities and solutions, the campaign intends to introduce MGI to the global market, including Australia and New Zealand, and position the brand as an important partner bringing the global science community the right to another choice.
The genomics industry in Australia and New Zealand faces significant challenges in terms of accessibility, affordability, and speed. These obstacles hinder progress not only within the clinical space but also across the broader life science landscape.” said Dr. Bicheng Yang, Director of MGI Australia, “With the launch of the ‘What If?’ campaign, we reaffirm our commitment to overcoming these limitations by providing tools that cater to various needs and requirements, eliminating the need for long waiting periods for results. Our goal is to empower scientists and healthcare professionals to unlock the full potential of genomics.”
Under “What If?”, MGI sets out to redirect the industry dialogue from competition and comparison of platform specifications to customer-centered solutions by prompting scientists, researchers and decision-makers to tap into the possibilities of their most pressing genomics needs and desires being met.
- What if cost was not a barrier?
MGI is ushering in a sub $100 human genome era with the fully automated DNBSEQ-T20×2 sequencer designed to accommodate the most challenging sequencing needs. With all components integrated by robotics to process six slides per run, combined with consecutive robotic dipping of multiple slides in the same reagent, a single T20×2 can produce up to 50,000 WGS per year for less than $100 per 30x human genome including instrument depreciation. - What if speed, low cost and flexibility were not a trade-off?
Powered MGI’s DNBSEQTM technology, DNBSEQ-T7 delivers the trifecta of sequencing innovation with high speed, high flexibility, and ultra-high throughput. It can deliver up to 7 Tb of high-quality data at a fraction of the cost in only 24 hours. The sequencer’s quadruple flow cell staging allows simultaneous but independent operation of one to four flow cells, with different read lengths and applications to be processed independently in a single run, saving time and cost. To date, T7 has enabled multiple National Genome Projects in UAE, Thailand, Indonesia, Brazil and more. - What if the right targeted sequencing was only 24 hours away?
With DNBSEQ-G99 that boasts both the flexibility of a high-throughput sequencer and the speed of single target tests, MGI is revolutionizing precision medicine by delivering faster and more accurate targeted therapies than ever before. G99 for the first time adopts triangular matrix signal spots on sequencing flow cell, reaching higher density of data output, with an overall throughput of 8-48 Gb per run. Highly suited for targeted gene sequencing and small genome sequencing, it was instrumental in the discovery of the first imported case of Monkeypox in Chongqing, China. - What if there was a company that recognizes that sequencing is not just about the sequencer?
As experts in automation and integration, MGI’s lab automation systems including MGISTP-7000, MGISP-Smart 8, MGISP-NE384, MGISP-960, and more, enable high-throughput, automated sample transfer processing, nucleic acid extraction, sample preparation, and large-scale testing. Offering a wide range of throughput capabilities, the systems can accommodate needs from low to medium and high volumes while ensuring scalability and adaptability. With modular designs and customizable features, laboratories can tailor these systems to their specific requirements, seamlessly integrating them into existing workflows. MGIGLab-L, the ultra-high throughput library preparation system, integrates MGI’s proprietary instruments for large-scale sequencing library preparation. MGIGLab-L can handle over 1,000 samples per day with only one to three junior lab technicians, allowing researchers to experience a new level of convenience, accuracy, and efficiency. - What if genomics were leveraged to empower communities?
MGI has been continuously advancing genomics and driving progress in local communities. Amidst the rise of the COVID-19 Delta variant when local testing capacity was limited, MGI supplied Australia and New Zealand nationwide with proprietary testing equipment and kits to safeguard its people. MGI has supported over 80 countries to date in the global responses to the pandemic. - What if data management could be safer and more reliable?
MGI’s ZTRON Appliance is a GDPR-compliant, highly automated genomics data platform designed by MGI for its high-throughput sequencers. Dubbed “Sequencer Buddy”, ZTRON provides a high-performance edge computing and storage solution to execute laboratory management, bioinformatics analysis, data governance, and data delivery. Promising safety and reliability, ZTRON Appliance can be used directly in the laboratory or traditional data centers. It can be deployed independently and scaled out easily.
Backed by its product portfolio of ultra-high, high, and medium-throughput sequencers, MGI stands out in the market with its extensive offering tailored to different sequencing needs at a competitive cost. In addition to sequencers, the company provides a one-stop-shop solution, ranging from lab automation, single-cell solutions and bioinformatics platforms including lab information management system and data management center. Under the “What If?” campaign which will gradually roll out globally, MGI continues its commitment to enabling researchers to make breakthrough discoveries and improve human health through the latest technologies and tools. What if I had a choice? What if? MGI!
For more information, please visit: http://mgi-whatif.com/
About MGI
MGI Tech Co., Ltd. (or its affiliates, “MGI”), headquartered in Shenzhen, is committed to building core tools and technology to lead life science through intelligent innovation. Based on its proprietary technology, MGI focuses on research & development, production, and sales of sequencing instruments*, reagents*, and related products to support life science research, agriculture, precision medicine and healthcare. As of December 31, 2022, MGI has more than 2,800 employees, and 36% of whom are R&D personnel. Founded in 2016, MGI operates in more than 90 countries and regions, serving more than 2,000 customers. For more information, please visit the MGI website or connect on Twitter, LinkedIn or YouTube.
*Unless otherwise informed, StandardMPS and CoolMPS sequencing reagents, and sequencers for use with such reagents are not available in Germany, Spain, UK, Sweden, Italy, Czech Republic, Switzerland and Hong Kong (CoolMPS is available in Hong Kong).
*Products are provided for Research Use Only. Not for use in diagnostic procedures (except as specifically noted)
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Blockchain
Blocks & Headlines: Today in Blockchain (BRICS, Hungri Games, Nano Labs, MetaHorse Unity)
Building Customer Trust in AI with Blockchain
Blockchain is emerging as a critical tool in addressing the trust deficit in artificial intelligence. By leveraging decentralized ledgers, companies can provide transparent data provenance, ensuring that AI algorithms operate ethically and without bias. This integration allows customers to verify the origins of data used in AI models, fostering greater confidence.
Businesses deploying blockchain for AI governance must prioritize simplicity and accessibility in their implementations. While the technology’s potential is immense, it is essential to communicate its benefits in a manner that resonates with non-technical stakeholders.
Source: Harvard Business Review
Blockchain at a Crossroads: Balancing Promise and Peril
As blockchain technology matures, it finds itself at a crossroads. On one side, the promise of decentralization continues to captivate industries, offering solutions for supply chain management, finance, and digital identity. On the other, challenges such as regulatory scrutiny, scalability issues, and energy consumption threaten to impede its growth.
The path forward will require a concerted effort from developers, regulators, and industry leaders. Collaborative frameworks that address these challenges while preserving blockchain’s core principles of decentralization and transparency are key to ensuring its sustained relevance.
Source: Cointelegraph
BRICS vs. USD: Blockchain’s Role in Economic Shifts
The BRICS nations (Brazil, Russia, India, China, and South Africa) are exploring blockchain-based solutions to reduce their reliance on the US dollar in international trade. By adopting decentralized technologies, these nations aim to foster economic independence and promote stability in the face of geopolitical tensions.
This initiative exemplifies blockchain’s potential to redefine global financial systems. However, its success hinges on addressing interoperability issues and fostering international collaboration. The evolution of blockchain-based trade networks could mark the beginning of a new era in economic diplomacy.
Source: CoinGeek
Hungri Games Expands MetaHorse Unity to Base Blockchain
Hungri Games has announced the expansion of its MetaHorse Unity project to the Base blockchain, aiming to enhance the gaming experience with improved scalability and lower transaction costs. This move aligns with the growing trend of integrating blockchain into gaming to create transparent and secure ecosystems.
By adopting Base, a layer-2 blockchain, MetaHorse Unity seeks to offer players a seamless and cost-effective gaming experience. The partnership highlights the potential of blockchain to transform the gaming industry, enabling innovative monetization models and fostering player engagement.
Source: CoinTrust
Nano Labs Purchases Trump Tokens to Celebrate Presidency
Nano Labs commemorated former President Donald Trump’s legacy with the acquisition of 47 Trump Tokens. This symbolic gesture underscores the intersection of blockchain technology and cultural milestones, showcasing how tokens can represent historical and social narratives.
The purchase also highlights the increasing role of blockchain in creating unique, tradable assets that capture moments in time. As tokenization continues to gain traction, it is redefining how value and significance are assigned in the digital age.
Source: PRNewswire
Final Thoughts: Blockchain’s Expanding Horizons
This week’s developments highlight the diverse applications of blockchain technology, from fostering trust in AI to reshaping global economic systems. As the industry navigates challenges and opportunities, collaboration and innovation will be crucial in unlocking blockchain’s full potential.
While hurdles such as scalability and regulation persist, the technology’s ability to drive transparency, security, and inclusivity remains unparalleled. The coming years will undoubtedly see blockchain continue to evolve, solidifying its role as a transformative force across sectors.
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Blockchain Press Releases
Introducing CoinDesk 80: Diversified Exposure to Digital Assets Beyond the Top 20
Bullish Exchange Launches CoinDesk 80 Index Perpetual Futures
NEW YORK, Jan. 21, 2025 /PRNewswire/ — CoinDesk Indices is proud to announce the launch of the CoinDesk 80 Index, designed to track the performance of the next 80 leading digital assets after the CoinDesk 20 Index. This innovative index provides seamless and diversified exposure to the evolving digital asset landscape, meeting the growing demand from institutional trading firms for liquidity on a larger breadth of digital assets.
As the digital asset market matures, institutional participation continues to accelerate. Investors are increasingly seeking opportunities beyond bitcoin and ether to diversify their portfolios. Since its debut in January 2024, the CoinDesk 20 Index has become the industry benchmark for larger-cap digital assets, driving over $12 billion in total trading volume and underpinning more than a dozen investment products globally. The CoinDesk 80 Index builds on this success by capturing the next tier of large and liquid digital assets.
To support this launch, Bullish Exchange, one of the fastest-growing regulated digital asset exchanges, has listed a CoinDesk 80 Index Perpetual Futures Contract (CD80/USDC-PERP). Bullish, which has surpassed $1 trillion in cumulative trading volume since its launch in November 2021, continues to expand its offerings to meet institutional and retail demand. In 2H 2024, the platform recorded average daily trading volumes exceeding $2 billion.
Maxime Seiler, CEO, STS Digital Ltd, Bermuda said, “The CoinDesk 80 Index Perpetual Future will enable us to efficiently manage market exposure arising from our wide-ranging altcoin option offering to our clients. It is another innovative product from Bullish, enhancing their strong product suite and bringing index derivatives forward.”
“CoinDesk Indices is committed to creating tradable and trusted benchmarks,” said Alan Campbell, President of CoinDesk Indices. “With the CoinDesk 80, we’re addressing institutional demand for exposure beyond the top 20 digital assets. This index provides a scalable solution for trading, risk management, and allocation. We’re thrilled to see early adoption and growing liquidity as we expand our suite of regulated indices.”
The next tier is here. Key Features of the CoinDesk 80 Index:
- Liquidity and Scalability: Focused on assets with high liquidity and significant market size.
- Minimal Exclusions: Stablecoins, wrapped, pegged, staked, and gas tokens.
- Comprehensive Liquidity Screening: Evaluates /USD, /USDC, and /USDT pairs on top-tier exchanges ranked by CCData, an affiliate of CoinDesk.
- Market Cap Weighting: Constituents are weighted by market cap, with a 5% cap per asset to ensure diversification.
- Quarterly Reconstitution: Aligns with CoinDesk 20 reconstitutions, using buffers to reduce turnover and adhering to a robust governance framework.
“The demand for index products is growing as digital assets become an established part of global financial markets,” said Tom Farley, CEO of Bullish. “We are excited to launch the CoinDesk 80 Index Perpetual Futures Contract on our platform, leveraging our tight spreads, deep liquidity, and robust regulatory framework to support market participants.”
To learn more about the CoinDesk 80 Index, please visit coindesk.com/price/cd80.
For more information on CoinDesk 80 perpetual futures offered by Bullish, please get in touch with a Bullish Relationship Manager.
About CoinDesk Indices
Since 2014, CoinDesk Indices has been at the forefront of the digital asset revolution, empowering investors globally. A portfolio company of the Bullish Group, our indices form the foundation of the world’s largest digital asset products. Through the recent addition of CC Data Limited, an FCA regulated benchmark administrator, CoinDesk Indices now offers BMR-compliant products across multi-asset indices, reference rates, and strategies. Flagships such as the CoinDesk Bitcoin Price Index and the CoinDesk 20 Index set the industry standard for measuring, trading, and investing in digital assets. With tens of billions of dollars in benchmarked assets, CoinDesk Indices is a trusted partner.
Discover more at coindeskmarkets.com.
About Bullish
With a focus on developing products and services for the digital assets sector, Bullish has rewired the traditional exchange to benefit asset holders, enable traders and increase market transparency. Supported by the Group’s well-capitalized treasury, Bullish’s digital asset spot and derivatives trading services utilize high-performance central limit order matching and proprietary market making technology to deliver deep liquidity and tight spreads within a compliant framework.
Launched in November 2021, the exchange is available in 50+ select jurisdictions in Asia Pacific, Europe, Africa, and Latin America. Bullish prioritizes compliance and safeguarding customer assets through robust security measures and regulatory oversight. The business is licensed by the German Federal Financial Supervisory Authority (BaFin) and the Gibraltar Financial Services Commission. For more information on Bullish, please visit bullish.com and follow LinkedIn and X.
Disclaimer
CoinDesk is a portfolio company of the Bullish Group. CoinDesk Indices, Inc., including CC Data Limited, its affiliate which performs certain outsourced administration and calculation services on its behalf (collectively, “CoinDesk Indices”), does not sponsor, endorse, sell, promote, or manage any investment offered by any third party that seeks to provide an investment return based on the performance of any index. CoinDesk Indices is neither an investment adviser nor a commodity trading advisor and makes no representation regarding the advisability of making an investment linked to any CoinDesk Indices index. CoinDesk Indices does not act as a fiduciary. A decision to invest in any asset linked to a CoinDesk Indices index should not be made in reliance on any of the statements set forth in this document or elsewhere by CoinDesk Indices. All content displayed here or otherwise used in connection with any CoinDesk Indices index (the “Content”) is owned by CoinDesk Indices and/or its third-party data providers and licensors, unless stated otherwise by CoinDesk Indices. CoinDesk Indices does not guarantee the accuracy, completeness, timeliness, adequacy, validity, or availability of any of the Content. CoinDesk Indices is not responsible for any errors or omissions, regardless of the cause, in the results obtained from the use of any of the Content. CoinDesk Indices does not assume any obligation to update the Content following publication in any form or format. © 2025 CoinDesk Indices, Inc. All rights reserved.
Bullish Exchange is operated by Bullish (GI) Ltd which is licensed by the Gibraltar Financial Services Commission (DLT license: FSC1038FSA). High risk product. Only available to eligible professional investors in select locations. Not available to persons located in the United Kingdom unless they are investment professionals or high net worth entities, as defined in Article 19 and 49 of the Financial Services and Markets Act 2000 (Financial Promotions) Order 2005 (as amended). Important info and risk warnings here: bullish.com/legal.
Forward-Looking Statements
This press release may include “forward-looking statements” relating to future events or the Bullish Group’s future financial or operating performance, business strategy, and potential market opportunity. Such forward-looking statements are based upon estimates and assumptions that, while considered reasonable by the Bullish Group, are inherently uncertain and are subject to risks, uncertainties, and other factors which could cause actual results to differ materially from those expressed or implied by such forward-looking statements. You should not place undue reliance on any such forward-looking statements, which speak only as of the date they are made, and the Bullish Group undertakes no duty to update these forward-looking statements.
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Blockchain Press Releases
“You Voted, We Listed”: ByVotes Community Propelled TOSHI, HAT, and HPOS10I to Bybit Spot Listings
DUBAI, UAE, Jan. 21, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has welcomed a stream of successful community-led and backed listings through its ByVotes mechanism in January. To celebrate the listings, the exchange is offering exclusive rewards for three newly listed tokens: TOSHI, HAT, and HPOS10I in respective Puzzle Hunt events.
Now listed on Bybit, the tokens are available for Bybit Spot trading, Spot Grid Trading Bots, and Convert. Users can buy and convert them with more than 400 crypto assets or USDT at zero fee:
- Representing the BASE mascot, Coinbase co-founder Brian Armstrong’s beloved cat and BTC’s revered creator, TOSHI is native to the Meow DAO and exemplifies community governance in the tokenized economy as the oldest meme coin on the Base network.
- For the Top Hat token HAT, the listing will enhance access to the customizable AI agent revolution for Bybit users looking to tap into emerging technologies. It fuels the no-code AI agent generation platform, allowing users to create and personalize their very own AI agents within minutes and without hard technical skills.
- The iconic memecoin HPOS10I was the first of its kind to fuse the realm of fantasy and the chaotic lure of crypto since May 2023. It is known for its vibrant community, the Sproto Gremlins, an NFT collection of 3,333 exclusive unique manifestations of HPOS10I’s egregore.
Spot Listing Perks
ByVotes users who carried the projects across the finishing lines have divided the respective prize pool for their voting success. Additionally, each listing comes with more exclusive Bybit Spot rewards.
From now to Jan. 31, eligible Bybit users may sign up for the TOSHI Puzzle Hunt and the HPOS10I Puzzle Hunt for a chance to win up to 1,000,000 TOSHI tokens or up to 600 HPOS10I from the total prize pools. To participate, users may earn or exchange puzzle pieces through simple tasks: check-ins, deposits, trading, or referrals.
Separately, from now to Feb.4, another 18,000,000 HAT are up for grabs for in the HAT Puzzle Hunt event.
Diversifying Bybit Spot Through ByVotes
ByVotes was upgraded in 2024 with resounding success, having launched 6 exciting new projects and saw a 300% increase in visits after the revamp. The platform also recorded a 200% growth in voters.
The benefits of the ByVotes platform include community innovation and enhanced dynamics between new projects and its backers. It offers an innovative alternative to decision making for token listings on Bybit, empowering the its users to help expand the offerings on Bybit Spot by popular votes. The ByVotes prize pools also provide early supporters with opportunities to gain from pre-listing rewards and airdrops.
Users may visit ByVotes to get a headstart on supporting more upcoming projects championing innovation and creativity in the Web3 and blockchain 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
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