Blockchain Press Releases
EVE Energy SVP Alexander Holden Reveals Half-Year Business Processes for 2023
HUIZHOU, China, July 24, 2023 /PRNewswire/ — Alexander Holden, the Senior Vice President of the International OEM Department at EVE Energy (SHE: 300014), a leading lithium-ion battery manufacturer, revealed that the Company will place great importance on expanding its presence in global markets to better serve their international customers by planning green battery factories in Europe and Southeast Asia. According to EVTank’s data, in 2021, global sales of new energy vehicles reached 6.7 million units, +102.4% year-on-year, with a penetration rate of 8.3%; in 2022, global sales of new energy vehicles reached 10.8 million units, +61.6% year-on-year, with a penetration rate of 13.0%.
Holden, who has been instrumental in driving the company’s push for tech innovation, a client-centric approach, and all-important international expansion, confirmed that EVE Energy achieved significant milestones as part of its bid for global expansion during the first half of the year. EVE Energy is strategically positioned for success, with projections indicating that by 2030, global sales of new energy vehicles will reach 52.1 million units and the penetration rate will exceed 50% based on EVTank’s data.
To fortify its position in the market, EVE Energy has actively strengthened its supply chain network. Through collaborations with industry leaders such as Capchem, Semcorp, Dynanonic, and Zhongke Electric, the company has established partnerships within the lithium-ion raw material sector. Additionally, EVE Energy has acquired equity stakes in Dahua Chemical, Jinkunlun Lithium Industry, and Xinghua Lithium Salt and established a joint venture company, Jinhai Lithium Industry. These strategic moves lay the foundation for the enrichment of lithium resources and lithium carbonate resources.
Furthermore, EVE Energy has successfully completed the construction of its international regional sales network, ensuring close proximity to customers and maintaining reliable and familiar communication channels. This comprehensive network guarantees a steadfast connection with existing customers while facilitating the acquisition of new clients and projects.
With nearly 20 years of experience at EVE Energy, Alexander Holden reflects on the remarkable growth the company has achieved. From its humble beginnings in a rented factory, EVE Energy has transformed into a high-volume manufacturing powerhouse, supplying top-tier EV brands like BMW with its signature cylindrical batteries. However, Holden emphasizes that EVE Energy’s success lies not only in its manufacturing capabilities but also in its technological leadership. The company boasts thousands of patents, making it a true industry pioneer in battery technology for both present and future needs.
Alexander Holden also shared his heartfelt reflections on his time spent and the stories that have gone hand in hand with his own development. He expressed his appreciation for the courteous and respectful treatment he has received as a foreign visitor in China, and he praised the younger generation’s eagerness to embrace novel ideas and speak English fluently. Holden believes that effective communication is at the heart of any successful business partnership, and he gives credit to EVE Energy’s customer-focused approach for its growth and success in the industry. Their dedication to listening and understanding their clients’ needs has been instrumental in driving their progress and achievements.
Holden shared that he was inspired by Dr. Liu Jincheng, the founder of EVE Energy, and his commitment to developing technology that improves society rather than just chasing profits. He became passionate about the lithium battery industry and contributed to its advancement. In his role as team leader, Holden pointed out some significant accomplishments, particularly in establishing partnerships with top industry players like BMW, Mercedes-Benz, Hyundai Kia, and Jaguar Land Rover. He credits the emphasis on communication, transparency, and client needs at EVE Energy for these achievements. Through building robust relationships and attentive listening to customers, EVE Energy has established itself as a dependable supplier to renowned firms globally.
Regarding the lithium battery industry, Holden acknowledges China’s impressive technological advancements and the government’s support for renewable energy. China has actively worked towards reducing carbon emissions, improving manufacturing processes, and promoting sustainable living conditions. Holden highlights China’s prominent position in lithium battery production, with the country accounting for over 80% of the world’s lithium batteries.
According to reports from SNE Analysts, the market for electric vehicle batteries could exhibit explosive growth. Their data suggests that the electric vehicle market penetration rate rose from a mere 1% between 2015 and 2017 to a hefty 13% in 2022. During this period, the demand for power batteries surged from 28GWh to 492GWh. Projections indicate that by 2035, the sales of new energy vehicles will reach approximately 80 million units with a penetration rate of around 90%. The three major markets, namely, China, Europe, and North America, will exhibit a 60% electric vehicle adoption rate starting in 2029, possibly hitting 90% by 2035. With the rapid development of the global electric vehicle market, the power battery market size is poised to increase fivefold from $121 billion this year to an impressive $616 billion by 2035.
Looking ahead, Holden highlighted the strengths, opportunities, and expected growth of EVE Energy. The company’s emphasis on technology development and effective collaboration between research, sales, and manufacturing teams positions it for ongoing success. Holden draws attention to the different demand levels between domestic and international markets, with volume playing a pivotal role in differentiation. He stresses the importance of understanding market dynamics and adapting strategies accordingly to meet customer criteria.
EVE Energy places great importance on expanding its presence in global markets. To achieve this goal, the company is implementing strategic initiatives such as industry chain integration, team internationalization, and the application of international operational modes. EVE Energy also plans to partner with established distributors in Europe to increase its sales force and benefit from their expertise and existing customer relationships.
To learn more about EVE Energy and its innovative battery solutions, please visit their website at https://www.evebattery.com/en.
About EVE Energy
Founded in 2001 and listed in Shenzhen in 2009, EVE Energy has developed into a global player in the market, providing core technologies and comprehensive solutions for both consumer and power batteries, especially regarding the Internet of Things and the energy internet. Currently, EVE Energy has set up a research institute with 60 doctors and over 4,100 interdisciplinary R&D engineers in materials, electrochemistry, structure design, and electronic circuit design, obtained over 5,900 national patents in China. The company launched a carbon reduction roadmap with a series of low-carbon reduction efforts in energy use, the manufacturing process, the supply chain, and resource management, and was named a “National Green Factory”. Meanwhile, EVE Energy leverages its BIM technology to provide accurate and reliable data for project management, saving a total of 2,533 tons of standard coal and reducing 16,000 tons of CO2 emissions annually.
View original content:https://www.prnewswire.co.uk/news-releases/eve-energy-svp-alexander-holden-reveals-half-year-business-processes-for-2023-301882935.html
Blockchain Press Releases
MEXC Announces Listing of Hyperlane (HYPER) with a 165,000 HYPER and 50,000 USDT Prize Pool
VICTORIA, Seychelles, April 21, 2025 /PRNewswire/ — MEXC, a leading global cryptocurrency exchange, announced the Hyperlane (HYPER) listing on April 22, 2025(UTC).To celebrate this significant addition to the exchange, MEXC is launching a special event with a prize pool of 165,000 HYPER and 50,000 USDT for new and existing users.
Hyperlane is the first permissionless, universal interoperability protocol dedicated to building a truly open and decentralized cross-chain communication infrastructure. As “The Open Interoperability Framework,” it enables anyone to freely expand, utilize, and customize the network, allowing developers to easily and securely build cross-chain applications and token bridges. To date, Hyperlane has connected over 140 blockchains, processed nearly 9 million cross-chain messages, and bridged more than $6 billion in volume through its Warp Routes.
$HYPER is the native token of the Hyperlane ecosystem, with an initial total supply of 1 billion tokens. It plays a critical role in securing the protocol through staking, rewarding validators for verifying cross-chain messages, incentivizing user-driven activity, and enabling community governance over protocol development.
To celebrate the listing, MEXC will launch an Airdrop+ event with substantial rewards for users:
Event Period: April 21, 2025, 10:00 – May 01, 2025, 10:00 (UTC)
Benefit 1: Deposit and share 120,000 HYPER (New user exclusive)
Benefit 2: Spot Challenge — Trade to share 15,000 HYPER (For all users)
Benefit 3: Futures Challenge — Trade to share 50,000 USDT in Futures bonus (For all users)
Benefit 4: Invite new users and share 30,000 HYPER (For all users)
MEXC has established itself as a leading exchange by consistently offering users early access to high-potential crypto assets. In 2024 alone, the platform listed 2,376 new tokens, including 1,716 initial listings. According to the latest TokenInsight report, MEXC led the industry with 461 spot listings between November 1, 2024, and February 15, 2025. During this period, the exchange maintained a high listing frequency, consistently ranking among the top six platforms, demonstrating its agility in capturing emerging market trends. MEXC will continue to expand its asset offerings and help users seize timely opportunities in the fast-moving crypto market.
For full event details and participation rules, please visit here.
About MEXC
Founded in 2018, MEXC is committed to being “Your Easiest Way to Crypto.” Serving over 36 million users across 170+ countries, MEXC is known for its broad selection of trending tokens, everyday airdrop opportunities, and low trading fees. Our user-friendly platform is designed to support both new traders and experienced investors, offering secure and efficient access to digital assets. MEXC prioritizes simplicity and innovation, making crypto trading more accessible and rewarding.
MEXC Official Website｜ X ｜ Telegram ｜How to Sign Up on MEXC
Risk Disclaimer:
The information provided in this article regarding cryptocurrencies does not constitute investment advice. Given the highly volatile nature of the cryptocurrency market, investors are encouraged to carefully assess market fluctuations, the fundamentals of projects, and potential financial risks before making any trading decisions.
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View original content:https://www.prnewswire.co.uk/news-releases/mexc-announces-listing-of-hyperlane-hyper-with-a-165-000-hyper-and-50-000-usdt-prize-pool-302433327.html
Blockchain Press Releases
Introducing Clementine Bridge: Citrea Deploys First Complete BitVM Bridge Design on Testnet
Citrea’s Clementine Bridge marks the first time that a fully programmable layer is tested for settling on Bitcoin.
GEORGE TOWN, Cayman Islands, April 21, 2025 /PRNewswire/ — Citrea, the first ZK rollup to enhance capabilities of Bitcoin blockspace and enable Bitcoin applications (₿apps), has successfully deployed its Clementine Bridge, the first complete BitVM bridge design on Bitcoin Testnet. Citrea has also recently revealed Clementine’s whitepaper, marking the first real-world implementation of a BitVM-based bridge which extends BTC’s utility to decentralized finance in the most Bitcoin-secured and native way possible. With Clementine’s testnet deployment, Bitcoin is for the first time tested for optimistically verifying a fully programmable layer. The Clementine whitepaper is currently the only documentation of how to use BitVM in a bridge design with clear solutions toward a secure and efficient bridge implementation.
Despite being the world’s largest digital asset, BTC has struggled to build relevance in decentralized finance. A secure bridge between Bitcoin and a secondary layer has always been a bottleneck for using BTC in a programmable environment. This problem has forced users to either keep Bitcoin as a passive store of value or rely on custodians for using BTC in financial activities. Citrea’s BitVM-based Bitcoin bridge Clementine solves this by enabling the safest and most trust-minimized way to bridge BTC and extend its utility to decentralized finance.
Citrea’s Clementine bridge marks a historic moment for Bitcoin and a new beginning for BTC’s utility. “It felt like magic when we saw all the bridge components work smoothly in our internal tests and that any malicious act is stopped by a single honest actor,” said Ekrem Bal, Co-Creator of Citrea. “We’re now ready to test Clementine in a real Bitcoin Testnet environment and make it more battle-tested for Citrea mainnet.”
With the introduction of BitVM by a Bitcoin developer Robin Linus, verifying computations on Bitcoin and building Bitcoin-secured bridges became a possibility. Very soon after its introduction, Citrea team became a core contributor of BitVM and later a founding member of BitVM alliance, where BitVM’s fundamental technology of executing a fraud proof of a zero-knowledge (ZK) proof on Bitcoin was developed collaboratively. Although accomplishing a ZK proof verification on Bitcoin was a prerequisite, there were still critical problems to address to implement this fundamental technology securely and efficiently into a Bitcoin bridge design. A detailed breakdown of this can be found in Clementine’s whitepaper.
Clementine’s design and whitepaper introduce novel solutions to two main research topics in BitVM-based bridge implementation, namely Bitcoin chain fork selection and capital efficiency of operators. These topics have been critical to solve as they ensure both the bridge’s security and efficiency. Citrea’s Clementine bridge offers clear solutions to both of these problems:
- Bitcoin Chain Fork Selection: This is related to ensuring that the bridge follows the longest Bitcoin chain. It has been an open research topic where the BitVM creator introduced superblocks approach but its security was later found to be broken. Citrea introduces a new Bitcoin Light Client design that uses succinct Header Chain Proofs of Bitcoin. These proofs are aggregated by operators into a single BitVM proof.
- Capital Efficiency of Operators: This has been another limitation of implementing BitVM efficiently into a bridge design. With Citrea’s approach to non-standard Bitcoin transactions, operators can now process hundreds of withdrawals in parallel with a single collateral. Disproving only one withdrawal is enough to stop other malicious withdrawal processes.
Clementine’s design relies on zero-knowledge proofs, Bitcoin data availability, a novel Bitcoin Light Client design and BitVM. In the case of a malicious act, an honest watchtower provides a proof of the longest Bitcoin chain. Then the operator generates a proof verifying Citrea’s state, watchtowers’ challenges and payout for the withdrawal. If the operator is malicious, it won’t be able to generate such proof, resulting in slashing the operator. Clementine has three main bridge actors to ensure the system’s integrity:
- Signers enforce BitVM spendings by managing peg-ins through presign transactions
- Watchtowers are tasked with monitoring operators and challenging any malicious behavior by sending a proof of longest Bitcoin chain
- Operators, a group of profit-seeking entities, temporarily cover users’ withdrawals and are later reimbursed with presigned transactions.
Citrea: Bitcoin’s Application (₿app) Layer
Citrea extends Bitcoin’s utility without sacrificing its security. With zero-knowledge technology, Citrea enables Bitcoin to function as a fully programmable layer. With its Bitcoin bridge Clementine, Citrea offers the safest and most trust-minimized way to bridge BTC to a fully programmable secondary layer.
For the first time in its history, Bitcoin Network will be able to support diverse on-chain applications and its utility will be extended to decentralized finance.
Apply to Citrea’s unique incubation program ‘Citrea Origins‘ to build ₿apps.
For more information, please visit: Citrea website | Citrea X Account
View original content:https://www.prnewswire.co.uk/news-releases/introducing-clementine-bridge-citrea-deploys-first-complete-bitvm-bridge-design-on-testnet-302432655.html
PANAMA CITY, April 21, 2025 /PRNewswire/ — BingX, a global leading cryptocurrency exchange, announces the listing of EPT, the native token for Balance.fun, for both spot trading and also on the BingX Xpool. The spot listing will commence on April 21 at 12:00 (UTC) while the Xpool launch will start on April 22 at 10:00 (UTC). BingX users can stake BTC and EPT in Xpool, though new users will have an additional option to stake USDT to win a bigger share of the reward pool that includes 2,000,000 EPT Points. The first 1000 new users who stake a minimum of 100 USDT will also be able to earn an additional bonus voucher worth 100 USDT.
EPT is the governance token of Balance, an AI-powered web3 experience infrastructure designed for the masses. This new digital asset will fuel the new Balance Platform to create an open and inclusive gaming ecosystem for both gamers and developers with fairness at its core. With the integration of AI and blockchain technology, games can be built and marketed more easily while allowing players to benefit from the enhanced and diversified gaming experience.
Users of the existing Epal platform can transfer their EPT tokens to BingX, enabling a reliable method to trade EPT or, alternatively, purchase EPT for governance purposes. Having a solid exchange to further explore the vast world of cryptocurrencies, this new listing further empowers both Epal and Balance users in the process.
Vivien Lin, Chief Product Officer of BingX, shared her thoughts on the new trading option and Xpool listing: “I think providing users with these new trading and early investment options is our responsibility as a responsible cryptocurrency exchange since some of our users rely on us to introduce such projects with such numerous functions across multiple subcategories”.
Visit bingx.com to join the Xpool starting April 22 and start trading EPT on spot from April 21. Whether you’re a gamer, builder, or crypto enthusiast, this is your chance to be part of a new decentralized chapter in entertainment.
About BingX
Founded in 2018, BingX is a leading crypto exchange, serving over 20 million users worldwide. BingX offers diversified products and services, including spot, derivatives, copy trading, and asset management – all designed for the evolving needs of users, from beginners to professionals. BingX is committed to providing a trustworthy platform that empowers users with innovative tools and features to elevate their trading proficiency. In 2024, BingX proudly became the official crypto exchange partner of Chelsea Football Club, marking an exciting debut in the world of sports.
For more information, please visit: https://bingx.com/
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View original content:https://www.prnewswire.co.uk/news-releases/bingx-brings-balance-ept-to-spot-with-a-200-million-ept-xpool-302433296.html
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