Blockchain Press Releases
Dubai International Financial Centre reaffirms position as global hub for finance, innovation, and talent attraction with strong H1 2023 results
DUBAI, UAE, Aug. 2, 2023 /PRNewswire/ — Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia (MEASA) region, witnessed unparalleled growth in the first half of 2023. DIFC’s performance reaffirms its efforts in driving the future of finance as the region’s growth catalyst for financial institutions, FinTech firms and Innovation companies.
A total of 661 new entities registered during the first half of this year, representing a double digit (23 per cent) year-on-year increase. The total number of companies operating in DIFC has risen from 4,031 to 4,949 at the end of June 2023, a year-on-year increase of 23 per cent. Reflecting DIFC’s growing reputation as a global hub for FinTech and Innovation, the number of firms in those sectors grew from 599 to 811 year-on-year, up 35 per cent.
Company growth has led to a strong increase in job creation, up 20 per cent year-on-year to 3,057, bringing the total workforce in DIFC to 39,140 individuals in line with DIFC’s 2030 Strategy, further strengthening Dubai’s position as a global hub for world-class talent.
The strong inflow of top firms underscores Dubai’s attractiveness as a global business hub and reaffirms DIFC’s world-class reputation that continues to attract companies from around the world. The inflow of hedge funds continued in H1 2023, leveraging DIFC’s eco-system of over 300 Wealth and Asset Management firms, and progressive global centre for alternative investments. Amongst its 4,949 entities, DIFC is currently home to 17 of the world’s top 20 banks, 25 of the world’s top 30 global systemically important banks, five of the top 10 insurance companies, five of the top 10 asset managers, and many leading global law and consulting firms.
Recognising Dubai’s progress within the industry, the spring 2023 edition of Global Financial Centres Index, categorised the city as one of only ten financial centres in the world as a global leader with broad and deep capabilities. Dubai is the only financial centre in the Middle East, Africa and South Asia region to be awarded this classification. www.difc.ae
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Blockchain Press Releases
Bybit Joins AI Coin Revolution with AI16Z Listing
DUBAI, UAE, Jan. 7, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has added the trending Solana-based AI token, AI16Z, to Bybit Spot on Jan. 6, 2025. The official listing came on the heels of AI16Z’s success on ByVotes, and was followed by a 24-hour gain of 47% after listing on Bybit.
AI16Z was the first ByVotes project to have garnered vast community support for Spot Listing on Bybit in 2025. Since the revamp of the platform, ByVotes has attracted a wave of quality projects from the niche to the high profile. Under the new mechanisms, the Bybit community now has a direct impact on choosing projects for listing on the exchange by casting their votes of confidence via ByVotes. A number of fan favorites made their mark on ByVotes in the past year, including AI-themed LUNAI with a record number of 512 million votes, and other iconic memecoins such as CHILLGUY, LUCE, NEIROCTO, and HPOS10I.
Users may still unlock exclusive rewards trading AI16Z on Bybit Spot in two events: Token Splash and Puzzle Hunt, each with a 50,000 AI16Z prize pool. The token attracted over 72,000 Bybit users in the pre-listing round of community votes on ByVotes, and received some 300,000,000 votes in the two-day voting period.
AI16Z on Bybit Spot
Bybit users have the opportunities to get more out of their AI16Z trades on Bybit:
- AI16Z Token Splash: the newly listed token comes with a 50,000 AI16Z prize pool for both new and seasoned traders. From now to Jan. 20, 2025, the first 3,500 eligible new users to successfully complete two simple tasks will receive 10 AI16Z each. In addition, existing users stand to earn up to 1,000 AI16Z by trading the token.
- AI16Z Puzzle Hunt: A new puzzle hunt for 50,000 AI16Z has kicked off on Bybit. From now to Jan. 21, Bybit users may earn or exchange puzzle pieces for a chance to win from the lucky draw, and the luckiest first 200 users to complete the entire puzzle will get to claim 50 AI16Z.
Registration is required for both events, terms and conditions apply. AI16Z are also available for trades via Bybit Spot Grid Bots.
Since Dec. 25, 2024, the native token of the world’s first investment DAO led by AI agents has doubled in market cap after the listing, well past the $2 billion mark as of this week. Leading the way as blockchain’s decentralized answer to traditional VC, the DAO fuses AI’s advanced power with crypto’s meme culture to raise the bar for intelligent decentralized governance. Powered by the Eliza Framework, the face of the ai16z is AI Marc who is a brainchild of Marc Andreessen.
#Bybit / #TheCryptoArk
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: media@bybit.com
For updates, please follow: Bybit’s Communities and Social Media
Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube
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View original content:https://www.prnewswire.co.uk/news-releases/bybit-joins-ai-coin-revolution-with-ai16z-listing-302344710.html
Blockchain Press Releases
Get Ready for Bybit’s ‘Keynote with Ben’ Livestream: Unveiling 2025 Vision and Exclusive Prize Pool
DUBAI, UAE, Jan. 7, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is gearing up to captivate audiences with its highly anticipated livestream event, Keynote with Ben: In the Driving Seat to the Moon — Beat the Unknown. The event promises to spotlight Bybit’s remarkable journey, its vision for 2025 and beyond, and a series of groundbreaking innovations that redefine the digital finance landscape.
Scheduled for Jan. 21, 2025, at 8 a.m. UTC, the livestream will feature Bybit’s CEO Ben Zhou delivering insights into the future of Web3, Bybit’s ecosystem expansion, and pioneering advancements in wealth management. With a commitment to shaping the next era of decentralized finance, Bybit aims to inspire and inform both its loyal community and newcomers alike.
Exciting Rewards Await
In conjunction with the keynote, Bybit is launching an exclusive campaign running from now to Jan. 21, 2025. Participants have the opportunity to win a share from a generous 5,250 prize pool in combined rewards, including tokens and P2P coupons. The rewards will be distributed through various activities:
- New User Exclusive: New users who sign up and subscribe to the event early can claim a 5 USDT reward on top of Bybit’s 20 USDT sign-up bonus. This offer is limited to the first 150 participants.
- Spread the Word: By sharing the livestream link on social media and submitting proof of their posts, 100 lucky participants will receive a 5 USDT spot airdrop.
- Trade and Win During the Livestream: Participants who trade at least 50 USDT during the livestream can share a 3,300 CHILLGUY prize pool, while new users depositing 100 USDT or more will compete for a 200 GRASS token prize pool.
- Ask and Earn: By submitting thought-provoking questions through the livestream page, 25 standout participants will win 20 USDT P2P coupons, sharing a total prize of $500.
Unveiling a Bullish Vision
Bybit’s 2025 roadmap includes ambitious milestones and transformative strategies designed to empower its users in the evolving Web3 ecosystem. Attendees of the keynote can expect firsthand insights into the company’s accomplishments and its forward-looking initiatives.
The keynote will feature a retrospective on Bybit’s significant milestones achieved in 2024, the unveiling of new ecosystem expansions, and an exploration of cutting-edge Web3 innovations. Additionally, attendees can look forward to announcements about advanced wealth management solutions designed to empower users in a decentralized future.
Bybit invites its community and beyond to join this milestone event, where vision meets action, and opportunities for rewards are plentiful. While the livestream is sure to inspire, the accompanying campaign ensures tangible benefits for those participating in Bybit’s ongoing journey to the moon.
#Bybit / #TheCryptoArk / #BybitLivestream
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: media@bybit.com
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
TONCASH Secures Strategic Investment from TON Ventures to Scale Crypto Cashback Platform
The investment will enable TONCASH to accelerate the onboarding of millions of users to its innovative crypto cashback platform and build the Web3 standard for best-price shopping.
HONG KONG, Jan. 7, 2025 /PRNewswire/ — TONCASH, the Telegram-native crypto cashback and rewards platform, has received a strategic investment from TON Ventures, the flagship venture fund of The Open Network (TON). The strategic investment will accelerate TONCASH’s mission to onboard millions of users and become the Web3 standard for best-price shopping and on-chain rewards.
Ben Usinger, CEO and Co-Founder of TONCASH, commented: “This investment deepens our collaboration with Telegram and The Open Network, empowering us to deliver the best online shopping and rewards experience for the Web3 audience. With TON Ventures’ strategic support, we’re driving the adoption of on-chain payments, engaging millions of users through innovative cashback mechanics and redefining how brands connect with customers in the Web3 space.”
Since launching its Telegram Mini App in November 2024, TONCASH has gained over 200,000 users and a large following on social media, underscoring its product-market fit and rapid growth potential.
TONCASH users enjoy deals from over 200 top brands, including Apple, Adidas, Binance, or Trip.com, offering up to 80% cashback — redeemable in Bitcoin, USDT, or TON tokens. Beyond cashback, the mini app provides perks such as airdrops and engagement rewards, all while operating seamlessly on any phone with Telegram installed.
With TON Ventures’ backing, TONCASH now pursues an aggressive expansion across Asia-Pacific, Europe, the Middle East, and Latin America, reaching Telegram’s 950-million-user base and connecting global brands to Web3 users through crypto cashback and rewards.
To join the app and benefit from its perks:
Visit: TONCASH website
Join us on Telegram
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View original content:https://www.prnewswire.co.uk/news-releases/toncash-secures-strategic-investment-from-ton-ventures-to-scale-crypto-cashback-platform-302343118.html
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