Blockchain Press Releases
W.Media Set To Host 2nd Edition of Bangalore Cloud & Datacenter Convention 2023 on 28th July at Sheraton Grand Brigade Gateway
BANGALORE, India, July 20, 2023 /PRNewswire/ — Mark 28th July 2023 down on your calendar! This will be an important day for the data center and cloud sector as the 2nd Edition of Bangalore Cloud & Datacenter Convention 2023 will be hosted at the Sheraton Grand Bangalore Brigade Gateway.
The Bangalore CDC 2023 is expected to welcome more than 750+ senior-level data center and C-level digital infrastructure professionals, information technology experts, cloud technology & business leaders, key buyers and decision-makers, project heads onto one platform.
India is at the cusp of the next big digital revolution, which holds a promising future for the country’s burgeoning digital economy. The backbone of all digital innovations, data center and cloud infrastructure has an immense role to play in this growth story.
The Indian Data Center market analysis reports an expected growth of USD 10 billion in the next five years. The rapid adoption of cloud-based business operations have encouraged businesses to acquire data management capacities. India is becoming the global destination for setting up data centers.
The government’s decision to promote the adoption of 5G technology, with an emphasis on changing the landscape of cloud computing and data centers in the international arena, has been a success. Bangalore, as a developed and prosperous city, with an estimated GDP of more than US$110 billion accounts for one-third of India’s IT exports, aiding its IT and data center infrastructure to be secure, intelligent, and scalable.
Fuji Electric India, one of the Gold Sponsors of Bangalore CDC 2023, with 100 years of rich expertise, are excited to share their vision of empowering innovation and sustainability in the electrical industry.
Mr. Shivaji Waghmare – CEO of Fuji Electric India, says, “We at Fuji Electric India are happy to be a part of the Bangalore Cloud & Data Centre Convention 2023 as a Gold Sponsor. This event is a perfect opportunity for us to showcase our innovative products and solutions tailored specifically to the rapidly evolving data center market. We look forward to engaging in insightful discussions, forging valuable partnerships on the journey towards a greener and sustainable data center.”
Bangalore CDC 2023 will be bringing together key governmental organizations and state-owned enterprises with domestic and international players in the industry thereby creating partnerships that will not just secure but also consolidate Bangalore’s emergence as the cloud computing and data center hub of South Asia. Furthermore, the Bangalore market holds immense potential for technological growth and innovation. With its vibrant ecosystem, talented workforce, and forward-thinking businesses, it continues to attract investments and drive digital transformation.
Speaking about their Gold Sponsorship at the Bangalore CDC 2023, Mr. Mayank Srivastava, Segment Head- C&SP, Schneider Electric, said, “At Schneider Electric our vision is about data center performance going into the future. The four vectors of Sustainability, Efficiency, Adaptability, and Resiliency are the focus. This framework is a mix of what we can do today and things that we have on the road map to do in the future. To talk more about this, we have partnered with W.Media as Gold Sponsor for the Bangalore CDC 2023 and look forward to seeing you and being your trusted partner along the journey.”
The day-long convention will give you major insight into outlook for the growth of data centers and cloud in Bangalore and Karnataka over the next few years. The convention in association with CIO Klub Bangalore Chapter will feature over 40+ key speakers. Through keynote speeches and panel discussions by key C-level leaders who have been experiential learners of global and Indian data center and cloud market, you will get to learn the key factors driving the uptick in data center demand. The sessions across the day will focus on:
- Designing and building for growth of Bangalore market
- How the enterprise view of cloud & colocation is changing?
- How will data demand growth impact enterprise data center operations?
- Preparing your data center and enterprise for the Hybrid IT journey
- How is modular design and build evolving to meet changing market needs?
One of key power panel speakers at the Bangalore CDC 2023, Mr. Sunil Gupta, Co-founder, MD & CEO, Yotta Data Services shared, “I’m excited to join W.Media’s Cloud and Data Center Convention in Bengaluru, and I look forward to engaging with industry leaders, exchanging insights, and charting a roadmap to tap the endless possibilities that India’s digital ecosystem presents.”
“Bangalore is one of our major cities of focus, and I feel Bangalore CDC 2023 provides us an excellent platform to connect and initiate dialogue with our customers and the industry leaders,” said one of the key speakers, Mr. Anil Nama, CIO, CtrlS. “CtrlS Datacenters is a leader in the datacenter sector and we continue to strengthen our presence both nationally and globally. CtrlS is well positioned to retain its leadership position in the coming years with aggressive expansion both in the hyperscale/colocation and edge markets. We look forward to showcase our capabilities, expertise and innovations in the sector as well as share our views on the changing datacenter landscape with our industry peers at the CDC 2023.”
Mr. Blesson Varghese, Managing Director, AvenueCorp India who was also the Bronze sponsor for the Chennai CDC 2023 sees the convention as the perfect opportunity to showcase their innovative products and solutions offered specifically to the rapidly evolving data center market.
He says, “With over 80% end-user attendees and 65% participants being C-level executives, directors, and data center owners, we believe that the platform provided by W.Media has helped us to get connected with clients and network. We look forward to this incredible opportunity to be a part of W.Media Data Center events so that we also learn, network, and grow with key industry players.”
In addition, the conference hall will be supported by exhibition booths from fast-growing organizations showcasing their cutting-edge solutions and technologies and tech talk sessions will be hosted to provide further insights into the functionality of these products.
As one of the Bronze Sponsors of Bangalore CDC 2023, Cotmac Electronics Private Limited, with over 3 decades of experience as a trusted Automation Solution Partner and System Integrator in the industry, would be showcasing their cutting-edge products and tailored solutions designed specifically for the data center market.
Mr. Arjun Sirur, Chairman & Managing Director, Cotmac Electronics Private Limited, shared, “We are sure, this convention will serve valuable networking opportunities and engagement with industry experts and professionals to foster collaborative growth and advancement in the continuously expanding market. We extend our best wishes to W.Media for the success of this event and eagerly look forward to meeting industry giants.”
Global economy is witnessing tremendous growth in the Data Centre Space – powerful partnerships are crucial to help shape this development. “We are delighted that HOPPECKE is a Bronze Sponsor at the Bangalore CDC for the 2nd time. This event offers us the opportunity to create valuable connections and engage with industry leaders on solutions, challenges, as well as products and trends,” says Mr. Mahesh Nichani, Head-BU Reserve Power-India, HOPPECKE.
Riello Power India who will be one of the Bronze Sponsors considers this event the perfect opportunity to showcase to the datacenter fraternity their newly launched UPS – Multi Power2, which provides more than 98% efficiency in online double conversion mode and drastically optimizes the TCO. Multi Power2 represents a significant step forward in the development of UPS solutions for modern data centers.
Mr. Anil Munjal, CEO, of Riello Power India, says, “We are thrilled to be a part of Bangalore CDC 2023, which brings together technology enthusiasts, thought leaders, and industry professionals. We look forward to further strengthening our presence in this dynamic market and contributing to its progress. Our participation underscores our commitment to innovation and our dedication to empowering businesses with reliable power solutions.”
“W.Media is a renowned event producer and we believe that the platform provided will help us connect with clients and network with the brightest minds and industry leaders. This event is a perfect opportunity to showcase our capability and presence in India. We look forward to this incredible opportunity to learn, network, and grow with key industry players,” seconds Mr. Bhupinder Parmar, Country Manager – India, Sygna who has come onboard as the Bronze Sponsor for the Bangalore CDC 2023.
Starline who will be a Bronze sponsor considers this event perfect for them to connect and interact ‘with the industry’s top data experts’. With nearly 90 years of experience and now a Legrand company, Starline has grown to become a trusted name in power distribution solutions. Sathya Sivaramakrishnan – Starline, Regional Manager – Southwest Asia & Middle East, says, “We’ve been regular participants at the CDC event and look forward to demonstrating our knowledge and expertise in the data center market.”
Visit W.Media to register and learn more about the agenda, speakers, schedule, and session information.
For sponsorship, exhibition and further involvement opportunities, get in touch at [email protected]
Media Contact:
Naveen Lawrence
[email protected]
+91-9867831994
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Blockchain Press Releases
Market Eyes “Crypto President” Inauguration as BTC Tumbles at $100K: Bybit and Block Scholes Analysis
DUBAI, UAE, Jan. 10, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has released the latest crypto derivatives report, published weekly with Blocks Scholes. Noting BTC’s retreat from the $100k mark a week into the new year, the analysis showed on-risk assets including crypto bore the brunt of broader macro factors. Past week’s data indicates heightened uncertainty in market dynamics ahead of Trump’s anticipated Jan. 21 inauguration, highlighting shifting investor sentiment during this significant political transition.
Key Insights:
Perpetuals Took a Winter Break: The perpetual swap market experienced a notable decline in liquidity over the holidays, with trading volumes winding down throughout Dec. 2024, leading to decreased realized volatility across the market. Notably, open interest maintained stability compared to levels preceding the great expiration of options contracts in Dec. 2024, indicating conservative positioning and limited hedging activity in perpetual swap markets.
Wide Disparity Between 30-Day Implied Volatility and 7-Day Realized Volatility: ETH’s options markets signalled an unmistakable preference for call options. In contrast, BTC’s open interest is rebalancing after the expiration in Dec. 2024. Both ETH and BTC have experienced notable changes in their term structures heading into the new year. The sharp divergence between implied and realized volatility is at its largest since the U.S. elections, suggesting that options traders are paying a premium to price in a higher level of risk or volatility despite the calm at the surface.
ETH Calls Gaining Traction
There has been a reshuffling in ETH open interest. While put options still hold sway in terms of total volume, call contracts have seen an uptick after Dec. However, the optimism comes with a caveat—the decline in realized volatility in the year so far has given options traders pause. The volatility term structure has steepened further, with short-term volatility (measured at a 30-day tenor) still sitting more than 15 points above its realized counterpart. This gap is the widest since the pre-election period of 2024, when geopolitical uncertainty fueled volatility premiums. Today, however, the premium seems driven more by general speculation than by any specific event. Even as the market settles, investors remain cautious, signaling looming uncertainty.
Access the Full Report here.
#Bybit / #TheCryptoArk /#BybitResearch
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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Blockchain Press Releases
HTX 2025 Outlook: Five Sectors to Look Forward to, and How Trump’s Policy Will Affect Crypto Industry
SINGAPORE, Jan. 10, 2025 /PRNewswire/ — The year 2024 marks a significant chapter in the history of the crypto industry, where we witnessed continuous breakthroughs in blockchain technology, surges in Bitcoin price, and a gradually more open regulatory environment, with cryptocurrencies gaining increasing recognition from the mainstream. As 2025 unfolds, HTX, the world’s leading digital asset exchange, has released its latest report, HTX 2024 Global Web3 Blockchain Ecosystem Review and 2025 Outlook, which provides forward-looking insights into the development prospects of the crypto industry.
Key Sectors for 2025
In the report, HTX highlighted five key sectors that showed encouraging progress last year, and will continue to closely monitor these areas in 2025.
Bitcoin Ecosystem
In 2024, Bitcoin’s market dominance kept increasing, solidifying its position as the core asset, with spot ETFs acting as liquidity channels, and U.S. listed companies such as MicroStrategy (MSTR) serving as the vehicles to absorb unlimited dollar liquidity.
As a result, it is increasingly essential to further develop Bitcoin’s ecosystem and enhance capital utilization efficiency. With strong support from macro markets and infrastructure support, a further surge in Bitcoin demand over the next two years is well-anticipated.
Infrastructure
Infrastructure remained a cornerstone in 2024’s crypto investments and funding. The synergy between capital and technology has driven the rapid development of Layer 1, Layer 2, and middleware projects, among others.
Layer 1 solutions, in particular, now represent the focal point of technical development and exploration within the crypto space, and it is expected to remain a priority for development resources and capital investment in the future.
Meme Coins
The Meme coin sector emerged as a hotspot in 2024, fostering community consensus while integrating with fields like DeFi and GameFi to create new use cases. As the crypto market environment grows increasingly favorable, more retail investors are expected to enter the market, positioning Meme projects as vital channels for capital inflows.
AI
In 2024, the intersection of Crypto and AI sector has been driving the exploration of several segmented fields, the hottest one of which is AI agents. In the future, AI agents will gradually become personal butlers and assistants for users, serving them with comprehensive capabilities. Over time, they may develop unique cultures and religions.
This deep integration of AI and encryption technology is a groundbreaking evolution that is unattainable within Web2 and cannot be achieved by Web3 relying solely on encryption technology.
TON Ecosystem
Attributable to Telegram’s hundreds of millions of users and robust technical support, the TON ecosystem achieved significant milestones in various fields, pioneering the monetization of Web2 social applications through crypto. Moving into 2025, it needs to explore and find new business models to improve user retention and identify its next growth curve.
Donald Trump Effect: Bitcoin Strategic Reserve Worth Anticipating
The report also discusses the potential impact of crypto-friendly policies that could arise after Donald Trump takes office. Two important bills, the FIT21 Act and the Bitcoin Strategic Reserve Act, are likely to pass more quickly thanks to him.
The FIT21 Act aims to create a clear legal framework for token issuance and trading by classifying tokens as digital assets or digital commodities, transferring the regulatory responsibilities of many blockchain projects from the SEC to the CFTC, and introducing a safe harbor mechanism. This would help standardize and promote the healthy growth of the entire industry.
The Bitcoin Strategic Reserve Act, aligning with Trump’s campaign promises, if passed, would mark Bitcoin’s transition from a niche asset to a nationally recognized reserve asset, greatly enhancing its legitimacy and recognition. It may also prompt other countries to adopt similar measures to further advance Bitcoin’s global recognition and application.
The Act was submitted to Congress for deliberation on August 4, 2024, and referred to the Senate Banking Committee for review. Trump is well-positioned to push this bill through. Meanwhile, several U.S. states have already proposed their own Bitcoin Strategic Reserve bills. By 2025, Bitcoin as a strategic reserve may become a reality.
Additionally, under Trump’s presidency, the SAB121 Act is likely to be repealed, allowing traditional financial institutions to hold cryptocurrencies on their balance sheets, further accelerating the institutionalization of crypto assets and contributing to the overall maturity of the crypto market. The SEC’s application criteria of the Howey Test may also be relaxed, increasing the likelihood of more spot crypto ETFs being approved and more public listings of crypto companies.
Meanwhile, the report also provides a comprehensive summary of 2024, looking back on the key events that had a major impact on the crypto industry while summing up what HTX had achieved over the last year.
To learn more, please visit: https://square.htx.com/htx-2024-global-web3-blockchain-ecosystem-review-and-2025-outlook/
About HTX
Founded in 2013, HTX has evolved from a virtual asset exchange into a comprehensive ecosystem of blockchain businesses that span digital asset trading, financial derivatives, research, investments, incubation, and other businesses.
As a world-leading gateway to Web3, we harbor global capabilities that enable us to provide users with safe and reliable services.
Our growth strategy – “Global Expansion, Thriving Ecosystem, Wealth Effect, Security & Compliance”, underpins our commitment to providing quality services and values to virtual asset enthusiasts worldwide.
Contact Details
Ruder Finn Asia
[email protected]
Company Website
https://www.htx.com
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Blockchain Press Releases
Vietnam’s Youth Rally Behind Blockchain: KuCoin Reveals Groundbreaking Insights at VTIS 2024
HANOI, Vietnam, Jan. 10, 2025 /PRNewswire/ — KuCoin, a leading global cryptocurrency exchange, is excited to share the findings from its second edition of the KuCoin Campus Survey, conducted during the Vietnam Technology & Investment Summit (VTIS) 2024. With 926 participants surveyed from December 3rd to December 4th, 2024, the results underscore the vibrant interest in blockchain technologies among Vietnam’s youth, reinforcing KuCoin’s commitment to nurturing this vital market.
The survey, a key initiative under KuCoin Campus, highlights a strong, positive sentiment towards cryptocurrencies, with 92% of participants optimistic about the future of digital assets. Remarkably, 82% of respondents are considering blockchain-related careers, signaling a burgeoning talent pool eager for development and opportunities within the industry.
Vietnam’s strategic importance to both KuCoin and the broader crypto community is evident as 68% of participants expressed a “very high interest” in blockchain, making it a critical hub for crypto innovations and community engagement. Additionally, 73% of respondents currently hold cryptocurrencies, demonstrating a mature market ready for further expansion and adoption.
The survey also uncovered a significant inclination towards diverse blockchain roles, with data analysis (24%), marketing (22%), and business development (21%) being the most coveted. These insights are invaluable as they highlight the areas of highest potential and interest among the future workforce.
“Vietnam has been and will continue to be a key market for us,” said Alicia Kao, the Managing Director of KuCoin. “As the People’s Exchange, we are committed to empowering and equipping this new generation with the tools they need to succeed in the evolving digital landscape.”
View the full report here (EN version, VN Version), or visit KuCoin’s official website for further information.
About KuCoin
Founded in 2017, KuCoin is one of the pioneering and most globally recognized technology platforms supporting digital economies, built on a robust foundation of cutting-edge blockchain infrastructure, liquidity solutions, and an exceptional user experience. With a connected user base exceeding 37 million worldwide, KuCoin offers comprehensive digital asset solutions across wallets, trading, wealth management, payments, research, ventures, and AI-powered bots. KuCoin has garnered accolades such as “Best Crypto Apps & Exchanges” by Forbes and has been recognized among the “Top 50 Global Unicorns” by Hurun in 2024. These recognitions reflect its commitment to user-centric principles and core values, which include integrity, accountability, collaboration, and a relentless pursuit of excellence.
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