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Blockchain Press Releases

CDNetworks Named a Top CDN Provider in the Frost Radar™: Global Content Delivery Network, 2023

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Frost & Sullivan credits CDNetworks’ success to forward-thinking innovation, sound investment, consistent growth, and advantages in emerging markets.

SINGAPORE, July 18, 2023 /PRNewswire/ — CDNetworks, an APAC-leading network to deliver edge as a service, is proud to be named as a top Content Delivery Network (CDN) provider in the Frost Radar™ Global Content Delivery Network, 2023. This prestigious report, released by Frost & Sullivan, provides a benchmarking system that recognizes CDN companies for their innovative methodologies and growth.

As a leading global analytics firm, Frost & Sullivan credits CDNetworks’ success to forward-thinking innovation, sound investment, and consistent growth along with advantages suited for today’s emerging markets.

When it comes to innovation, CDNetworks has made significant R&D investments and innovations in cloud security and edge computing. With the introduction of its enterprise secure access cloud service (Zero Trust implementation), a low-latency streaming solution, full-platform support for the latest QUIC and HTTP/3, and a multilayered approach to web application and API protection, CDNetworks’ comprehensive product portfolios continue to demonstrate our uniquely qualified position at the edge.

With years of real-world technical knowledge in edge computing, CDNetworks is not only able to leverage its robust CDN technology to help clients expand their business. CDNetworks can also assist enterprises in addressing the challenges that come with supporting edge workflows and serverless computing.

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For example, CDNetworks’ serverless Nginx Platform, CDN Pro, is a single edge platform designed with developers in mind for managing websites, APIs, and cloud applications. Boasting a competitive set of features, CDN Pro makes it easy to configure a variety of settings, including load balancing, staging environments prior to deployment, programmable Edge Logic interface, and built-in security.

In terms of its growth, CDNetworks’ presence has expanded to 14 global offices and 10 R&D centers that provide local and rapid professional services. Our worldwide infrastructure includes 2,800 global Points of Presence in more than 70 countries and 270 cities, more than 200,000 servers, and upwards of 200 ISP partner connections. Together, this commitment demonstrates CDNetworks’ unique ability to help companies expand their global operations. At the same time, such rapid expansion is also bringing CDNetworks more tangible benefits.

As Frost & Sullivan noted, “With a focus on emerging markets in Southeast Asia, established markets such as Japan and Korea, and China proper, CDNetworks has experienced significant growth and reported an overall 52% net profit increase in 2022.” In response to this impressive business growth, Frost & Sullivan further evaluated CDNetworks’ business development in the APAC region, stating: “CDNetworks has been embracing the emerging market fashion faster than its Asian counterparts, building edge computing and security services into its existing CDN network.”

“The evolving needs of businesses in today’s digital landscape are quite different than before. CDNetworks recognizes this transformation and continues to evolve into multifaceted hybrid businesses that serve a variety of industries and use cases with a consolidated edge platform. Through CDNetworks, businesses can customize and deploy various services, including Web Performance, Media Delivery, Cloud Security, and Edge Computing, Zero Trust solution, faster and easier than ever before,” said Doyle Deng, Head of Global Marketing and Product of CDNetworks. “Recognizing CDNetworks as one of the top CDN providers in Frost & Sullivan’s Global Content Delivery Network Market validates our ongoing commitment to drive continuous innovation as we continue to grow our company by providing unparalleled content delivery services that remain unmatched in our industry.”

Download the complimentary copy of the Frost Radar™ report here to learn more about how CDNetworks is recognized as a top CDN provider in the global CDN market. Interested in our robust CDN services? Take advantage of our current offer – get 6 months of FREE CDN service with 100TB/month traffic and 20TB of Object Storage! Claim the special offer today at https://bit.ly/3Xver1i.

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Frost Radar™ Analytics

Out of more than 50 CDN providers that offer content delivery networks, Frost & Sullivan plotted 15 of the top providers in this Frost Radar™ analysis after measuring the 15 selected companies on both growth and innovation.

The five growth measurements include:

1. Market share for the previous 3 years
2. Revenue growth for the previous 3 years
3. Growth pipeline
4. Vision and strategy alignment
5. Sales and marketing effectiveness

Frost & Sullivan captured five innovation measurements:

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1. Innovation scalability, including global applicability and scalability in adjacent and non-adjacent industry verticals
2. Research and development
3. Product portfolio
4. “Mega Trends” leverage of evolving opportunities and new business models
5. Customer alignment

About CDNetworks
As the APAC-leading network with over 2800 global Points of Presence and more than 20 years of technology experience, CDNetworks embraces the new era of Edge and takes it to the next level by using the Edge as a service to deliver the fastest and most secure digital experiences to end users. Our diverse products and services include web performance, media delivery, cloud security, zero trust security, and colocation services — all of which are uniquely designed to spur business innovation. To learn more, visit cdnetworks.com and follow us on LinkedIn.

Media Contact
CDNetworks Co. Ltd
[email protected]
www.cdnetworks.com

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Blockchain Press Releases

Compass Mining Scales Texas Operations with 25 MW Bitcoin Mining Facility, Plans Further Expansion

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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.

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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

BlocksBridge Consulting
[email protected] 

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Blockchain Press Releases

Surprises Guaranteed: Bybit Card Dishes Out Rewards in Holiday Giveaway

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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:

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  • 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]
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

Bybit P2P Unlocks 20,000 USDT Prize Pools for Select Users in South Asia and Africa

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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:

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.

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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

Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube

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