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Blockchain Press Releases

Omdia: Connected car on the road to grow 18% in 2023 opening potential lucrative new revenue streams

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LONDON, July 25, 2023 /PRNewswire/ — Connected cars on the road are set to grow 18% in 2023 according to Omdia’s latest outlook into the automotive market’s media landscape.  Companies including the likes of Google and Apple are positioning themselves to capture and develop the potential revenue opportunities from this market over the coming decade.

Omdia’s research further reveals that over 900 million connected cars will be on the road at the start of the next decade, eclipsing the installed base of popular consumer devices such as pay-TV set top boxes and tablets. These vehicles will include a plethora of screens in the front and rear of the cabin which are growing in size each year to enable video and gaming services.

As seen with their approach across other product categories, platform owners Google and Apple are looking to become key gatekeepers within the car environment with their respective in-car software solutions. Amazon is bringing its immensely popular Fire TV entertainment solution in-vehicles for media consumption too. In response to this attempt, car OEMs are developing their own software solutions to keep drivers within their own ecosystems, allowing them to retain control of the whole consumer experience across both the vehicle and the software.

Over the next few years all new car sales will include connectivity as a standard feature enabling services and subscriptions in the car cabin as the industry pivots its focus to repeated revenues in a new business model. Monetization strategies are already being put in place through add-on subscriptions ranging from cloud gaming services to heated seats and even the cars themselves.

Discussing the market outlook, Omdia Principal Analyst David Tett commented: “There is ongoing uncertainty as to consumers’ willingness to pay extra for in-car services particularly as they correlate it with value for money given average journeys range between 15-30 minutes. Although it has been difficult to monetize, native car-based services are expected to provide such opportunities over the coming years. This potential has meant many stakeholders consider automotive as a key area for future growth.”

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ABOUT OMDIA

Omdia, part of Informa Tech, is a technology research and advisory group. Our deep knowledge of tech markets combined with our actionable insights empower organizations to make smart growth decisions.

Fasiha Khan [email protected] 

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Blockchain Press Releases

MEXC Lists Nillion (NIL) and Kicks Off 270,000 USDT Prize Pool Event

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VICTORIA, Seychelles, March 21, 2025 /PRNewswire/ — MEXC, a leading global cryptocurrency exchange, is thrilled to announce the listing of Nillion(NIL) on 24 March 2025 (UTC). To celebrate, MEXC is launching an event with a massive 270,000 USDT prize pool, giving both new and existing users exciting opportunities to win rewards.

Nillion (NIL): A New Era in Blockchain

Nillion is an advanced blockchain network designed to securely store and process private data for AI and blockchain applications.

The network’s suite of developer tools, including nilAI, nilVM, nilDB, and nilChain, provides the resources needed to build on Nillion’s infrastructure. Nillion has partnered with leading projects such as NEAR, Aptos, Arbitrum, and Meta, and its Verifier Program has attracted nearly 500,000 active verifiers, securing 1,050 GB of data.

The NIL token plays a central role in the Nillion ecosystem, serving functions such as paying for computational services, data storage, and transaction fees. It also enables staking for network security, rewards, and participation in decentralized governance. Tokenholders can propose and vote on network decisions, with voting power proportional to the amount of NIL staked.

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The total supply of NIL tokens is capped at 1,000,000,000.

Nillion Listing Celebration: 270,000 USDT Prize Pool for Users

To celebrate the listing of Nillion (NIL) on MEXC, the exchange is offering a massive prize pool of up to 270,000 USDT.

Airdrop+ Event

  • Event Period: March 21, 2025, 05:00 – March 31, 2025, 05:00 (UTC)
  • Key Benefits:
    • Deposit and Share 200,000 USDT in Futures Bonus (New user exclusive)
    • Futures Challenge: Trade to share 50,000 USDT in Futures Bonus (Open to all users)
    • Invite new users and share 20,000 USDT in Futures Bonus (Open to all users)

As one of the leading cryptocurrency exchanges, MEXC is committed to innovation and providing a user-centric experience. Focusing on early-stage token listings, the platform offers traders seamless access to the rapidly growing blockchain ecosystem. In addition, MEXC delivers a secure, easy-to-use interface, low fees, daily airdrops, and deep liquidity, all of which help traders discover promising projects early and maximize their potential returns.

For more information and to participate, please visit the event page.

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About MEXC

Founded in 2018, MEXC is committed to being “Your Easiest Way to Crypto.” Serving over 34 million users across 170+ countries, MEXC is known for its broad selection of trending tokens, frequent 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 about cryptocurrencies does not represent MEXC’s official stance or investment advice. Given the highly volatile nature of the cryptocurrency market, investors are encouraged to carefully evaluate market fluctuations, project fundamentals, and potential financial risks before making any trading decisions.

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Blockchain Press Releases

Lace Wallet Is Going Multichain – Starting with Bitcoin

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Lace Users Will be Able Store, Manage, and Interact with Bitcoin Directly from Their Wallet

LONDON and SINGAPORE, March 20, 2025 /PRNewswire/ — Input | Output (IO), the leading infrastructure and research engineering firm dedicated to building a sustainable Web3 ecosystem,  today announced that Lace, its Web3 non-custodial wallet, will be going multichain—starting with none other than Bitcoin.

This upcoming milestone will allow Lace users for the first time to securely store, manage, and interact with Bitcoin (BTC) within the wallet’s intuitive and user-friendly interface, bringing the world’s largest cryptocurrency into the Lace ecosystem. This is a significant milestone in Lace’s mission to simplify Web3 and offer seamless access to multiple blockchain networks.

Bitcoin is the foundation of the crypto industry, yet its Decentralized Finance (DeFi) ecosystem is still in its early stages. With the rise of Bitcoin Layer 2 solutions and innovation in Bitcoin-native smart contracts, Bitcoin DeFi is growing rapidly—and this is the beginning of Lace’s multi-chain journey.

When Bitcoin support goes live, Lace users will be able to:

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  • Securely manage BTC in a trusted Web3 wallet.
  • Prepare for the next wave of Bitcoin innovation, from Layer 2 scaling solutions to emerging DeFi applications.
  • Enjoy a seamless, intuitive experience that simplifies the complexity of managing multiple blockchain assets.
  • Purchase, store and transact BTC using Lace.

Bitcoin is just the beginning for Lace’s multichain future. With Lace’s expansion underway, IO is actively working to integrate more chains, assets, and DeFi opportunities, making Lace the ultimate hub for secure, interoperable, and user-friendly Web3 management.

“The future of blockchain is multichain, and with Lace, we’re making sure users have everything they need in one powerful, easy-to-use wallet. Building on the foundations we have established with Cardano, we identified Bitcoin as the logical next step. And we’re just getting started,” said Brandon Wolf, GM at Lace.

Media Contact

Georgia Hanias
Input | Output
[email protected]

About Lace

Lace is a next-generation Web3 non-custodial wallet platform designed to bring the power of decentralized finance (DeFi), NFTs, and multi-chain asset management to users in a seamless, intuitive way. Built by Input | Output (IO), Lace is designed to make Web3 more accessible, secure, and interoperable for everyone. With a focus on usability, performance, and multichain support, Lace is redefining how users interact with blockchain technology.

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For more information, visit: lace.io

About Input | Output (IO)

Input | Output (IO) is a world-leading blockchain infrastructure and research engineering firm dedicated to building a sustainable Web3 ecosystem. IO is committed to advancing the next generation of blockchain innovation, focusing on scalability, security, and real-world adoption through pioneering research and cutting-edge engineering.

For more information, visit: iohk.io

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Blockchain Press Releases

MEXC DEX+ Forms Strategic Partnership with pump.fun for Next Evolution of DeFi and CeFi Integration

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VICTORIA, Seychelles, March 21, 2025 /PRNewswire/ — MEXC, a leading global cryptocurrency exchange, has announced a strategic partnership with pump.fun, the world’s leading crypto token launchpad where anyone can create their own token for free. This collaboration aims to enhance the trading experience on MEXC’s DEX+ platform and explore further synergies between centralized finance (CeFi) and decentralized finance (DeFi). The first step in this partnership will be the integration with pump.fun’s new DEX, PumpSwap.

MEXC has recently launched its innovative hybrid product, DEX+, offering a seamless, one-stop solution for both on-chain and off-chain trading. This unique platform enables users to trade directly on decentralized exchanges (DEXs) through the MEXC App and website, providing access to a diverse array of on-chain assets. The initial version of DEX+ will support the Solana ecosystem, giving users the ability to trade over 10,000 tokens available on Raydium and pump.fun. Future updates will expand to include additional DEXs and blockchain networks, broadening the platform’s reach and liquidity.

MEXC DEX+ simplifies the complexities of DEX by enabling users to trade various on-chain assets within the Solana ecosystem directly through a familiar CEX interface. This eliminates the need to manually hurdle through multi-step interactions, such as switching wallets or cross-chain transactions.

Through this strategic partnership with pump.fun, MEXC aims to provide a streamlined, accessible experience for the potential onchain assets, further solidifying its commitment to innovative solutions within the crypto space. MEXC DEX+ users gain unique access to trade newly launched tokens on pump.fun at an early stage. DEX+ allows users to participate in trading as soon as a memecoin is issued, even before it is listed on CEX, enabling them to capitalize on market opportunities from the outset. By leveraging pump.fun’s robust capabilities in launching memecoins, this model significantly lowers the entry barrier for users seeking to enter the Web3 trading space.

“MEXC is committed to offering a broad spectrum of accessible assets through our listing strategy while ensuring fast listing speeds and top-tier security for our users. With DEX+, we aim to address key challenges by providing a familiar, CEX-like trading experience while retaining the benefits of accessing on-chain assets. We are thrilled to partner with pump.fun to empower users to discover and support memecoins in this rapidly evolving investment space. This collaboration underscores our dedication to fostering innovation and providing new opportunities for our users in the ever-evolving crypto landscape,” said Tracy Jin, COO of MEXC.

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“pump.fun democratized token creation, standardized token contracts, and brought crypto to the people. pump.fun’s partnership with MEXC will give DEX+ users a powerful tool to access the coins they want to trade — long before they’re available on a centralized exchange. pump.fun is building crypto’s largest social network, and bridging communities across crypto through partnerships like this with MEXC is how that foundation is built,” said Alon Cohen, Co-Founder pump.fun.

Looking ahead, MEXC’s DEX+ is positioned to be a transformative force in the evolution and mass adoption of DeFi and DEX ecosystems, with its strategic partnership with pump.fun marking a crucial first step in this journey. As user adoption of decentralized trading accelerates, the seamless integration of centralized and decentralized exchange models becomes essential, and MEXC stands at the forefront of this convergence, systematically expanding our ecosystem partnerships to deliver increasingly sophisticated, secure, and user-centric trading experiences that will define the next generation of crypto trading.

To celebrate the successful launch of DEX+ and its strategic partnership with pump.fun, MEXC is pleased to announce its incentive program: new users completing trades of 100 USDT or more on the DEX+ platform will be eligible to receive a 20 USDT reward. For more details, please visit: https://www.mexc.com/dex-rewards.

About MEXC

Founded in 2018, MEXC is committed to being “Your Easiest Way to Crypto”. Serving over 34 million users across 170+ countries and regions, MEXC is known for its broad selection of trending tokens, frequent 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.

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For more information, visit: MEXC WebsiteXTelegramHow to Sign Up on MEXC

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