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Blockchain Press Releases

VVDN launches end-to-end Private 5G Solution for Enterprises for SI, OEMs, Telcos

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GURUGRAM, India, Aug. 3, 2023 /PRNewswire/ — VVDN Technologies, a global provider of product engineering, manufacturing and digital services and solutions, today announced the availability of reliable, secure, deployment ready end-to-end 5G Enterprise solution. The Private 5G solution comprises VVDN’s indigenously designed ORAN Radio Units, customised CU/DU and 5G Core. The solution is completely designed, developed, integrated, and fully tested by VVDN.

VVDN has robust production ready radio units for Private 5G Network for multiple countries and markets. VVDN has both Low Power (4T4R 1W) and Mid Power (4T4R 20W) radio units suitable for Private 5G deployments. VVDN’s radio units support global requirements in Band 48 CBRS, Band n78/n77 (3400 to 4100 MHz), and bandwidth up to 100Mhz, TDD duplex mode 4T4R and 2T2R for indoor and outdoor applications. These radios are full compliant with ORAN 7.0 and FCC/CE certified.  

VVDN 5G Radio Units are pre-integrated with enterprise grade VVDN CU/DU stack and 5G core. The solution is enabled by open standards-based architectures (ORAN) which support URLLC and eMMB and will be able to handle dense environments required for seamless indoor coverage.

The cloud native 5G core, providing a reliable, scalable and distributed autonomous network solution which helps mobile network operators and system integrators build their own solutions to deploy IoT, Private/Enterprise Networks, MEC networks.

The Private 5G Solutions from VVDN has been into R&D for the last 4 years. The solution has been thoroughly tested for various factors such as on time network launch, network performance, downtime prevention, and maintaining SLAs etc. With high-performance, security, and flexibility, the solution can be adopted for facilities as complex as warehouses, manufacturing, campuses, stadiums, airports, seaports, oil & gas etc.

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VVDN plans to work with global OEM’s, Telecom Operators, System Integrators to adopt the Private Enterprise Wireless Solution. VVDN is already engaged with customers in North America (US and Canada), Europe, UK, Japan, S. Korea and India markets.

VVDN has state of the art R&D, Testing and Manufacturing facilities for 5G Products and Solutions.

Company is already into the design, development and manufacturing of various 5G RAN products for different markets including the US, Japan, Europe, India etc. VVDN has strategically partnered with OEMs and SI’s globally for Private Enterprise deployments across multiple industries.

Joseph George, 5G Business Unit Head, VVDN Technologies said, “Leveraging our capabilities, experience and infrastructure in developing and manufacturing 5G telco RAN solutions, we forayed into 5G enterprise space.  Telecom Operators, SI’s, OEMs are looking for simple ways to deploy private 5G networks which fundamentally starts with the right “Device” choice. VVDN, with ready to deploy “end-to-end device solution” that is tested and secure that will help accelerate 5G Enterprise deployment. VVDN’s complete private networking solution is aimed at giving Telcos, SI’s, OEM’s new opportunities to grow their enterprise business.” 

About VVDN:

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VVDN is a Product Engineering & Manufacturing company focused on designing & manufacturing end-to-end products across several technology vertical markets (5G, DataCenter, Networking and Wi-Fi, Vision, Automotive, IoT, Cloud & Apps). VVDN’s India HQ is located at Gurgaon, India and its North America HQ’s is located in Fremont, CA, USA. VVDN serves global customers across several regions including US, Canada, Europe, India, Vietnam, Korea, and Japan. VVDN has 11 advanced Product Engineering Centres in India and the world, which are fully equipped to design & test the complete hardware & software required to develop a complete product or solution. VVDN’s 7 Manufacturing facilities are located at Manesar, Gurgaon, and Pollachi, Tamil Nadu, India, which includes in-house best-in-class SMT Factory, Molding & Tooling Factory, Die Casting, Antenna Assembly, Product Assembly Factory, and Product Certifications labs. VVDN’s Engineering & Manufacturing facilities are fully compiled to develop & manufacture Enterprise, Consumer, Industrial, and Automotive-grade products.

Media Contact:
Kunwar Sinha
[email protected]
+91-9971887719

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Blockchain Press Releases

Markets Show Resilience Ahead of End-of-Year Options Expirations: Bybit x Block Scholes Crypto Derivatives Report

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DUBAI, UAE, Dec. 26, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, released the latest Crypto Derivatives Analytics Report in collaboration with Block Scholes, highlighting the muted market volatility despite major options expirations on Friday. BTC and ETH’s realized volatility has increased, but short-term options haven’t adjusted to this change. This indicates that while spot prices are fluctuating, the options market is not fully reacting to these shifts, although BTC and ETH volumes have displayed slightly different patterns.

With more than $525 million in BTC and ETH options contracts expiring on Dec 27, 2024’s end-of-year options expiration looks set to be one of the biggest yet, yet expectations for volatility have remained subdued. The report highlights an unusual inversion in ETH’s volatility structure, but BTC has not mirrored the reaction. Additionally, a change in funding rates—sometimes turning negative as spot prices drop—signals a new market phase. Notably, BTC’s volatility structure has been less responsive to changes in spot prices, whereas ETH’s short-term options are exhibiting more noticeable fluctuations.

Key Findings:

BTC Options Expirations:

In the past month, BTC’s realized volatility has been higher than implied volatility on three occasions, each time reaching a relatively calm equilibrium. Open interest in BTC options remains high, contributing to potential increased volatility as we near the end of the year. Around $360 million worth of BTC options (both puts and calls) are set to expire soon, which can affect price movement.

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ETH Options: Calls Dominate

Despite a mid-week inversion, ETH’s volatility term structure has flattened, maintaining levels similar to those seen over the past month. In the final week of 2024, calls overwhelmed puts in open interest in ETH options, although market movements and trading activities are more on the put side. 

Access the Full Report:

Gain deeper insights and explore the potential impacts on your crypto trading strategies by downloading the full report here: Bybit X Block Scholes Crypto Derivatives Analytics Report (Dec 24, 2024)

#Bybit / #BybitResearch

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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 media inquiries, please contact: [email protected]

For more information, please visit: https://www.bybit.com

For updates, please follow: Bybit’s Communities and Social Media

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Blockchain Press Releases

BC.GAME Launches Monkey King-Themed Slot Game Wukong

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NICOSIA, Cyprus, Dec. 26, 2024 /PRNewswire/ — BC.GAME has launched its latest slot game, Wukong, inspired by the highly acclaimed Black Myth: Wukong, a groundbreaking AAA game that has captivated players worldwide. Officially released on December 24, this 6-reel, 5-row slot game allows players to experience the essence of Wukong’s legendary journey while aiming for rewards of up to 10,000 times their bet.

The game incorporates iconic symbols and elements from Black Myth: Wukong, such as the Ruyi staff, gourd bottles, and treasure pearls, designed to recreate the mythical atmosphere of the original story. The addition of the Sticky Symbols feature enhances gameplay by keeping special symbols locked in place during free spins, significantly increasing the chances of winning and unlocking larger rewards.

Dark Visual Design and Storytelling Behind Wukong

The visual design of Wukong draws from traditional Chinese art styles, blending elements from Journey to the West. The reels are filled with recognizable symbols like the Ruyi staff, gourd bottles, and treasure pearls. These symbols immerse players in the mythical world of the story, faithfully recreating key moments from the novel, such as Sun Wukong’s havoc in Heaven and his encounters with the White Bone Demon.

The game’s background is rooted in Journey to the West, where Sun Wukong embarks on a journey with the monk Tang Seng and his companions to obtain sacred scriptures. Each detail of the game is carefully crafted to bring this legendary tale to life, offering a unique gaming experience and a tribute to Chinese culture and mythology.

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Key Features of the Wukong Slot Game:

Free Spins and Bonus Opportunities: Triggering free spins unlocks additional reward mechanisms, increasing the chances of landing big wins.

Sticky Symbols Feature: Special symbols remain in place during free spins, greatly enhancing winning potential.

Up to 10,000x Max Win: The game offers a maximum payout of up to 10,000 times the bet, providing significant winning opportunities.

“Wukong is not just about spinning reels; it’s about experiencing a rich part of Chinese culture. We’ve worked hard to ensure the game is stunning and fun and engaging for players, with layers of features that add excitement. We’re proud to offer a game that blends storytelling with gameplay, and we think players will love the journey through Wukong’s legendary world,” Jack Dorset, CEO of BC.GAME said.

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About BC.GAME

BC.GAME is a leading online gaming platform that integrates blockchain technology and cryptocurrency into its casino games, by offering a secure, transparent, and decentralized experience, BC.GAME allows players to enjoy a variety of gaming options, including slots, table games, and live casino offerings. The platform is dedicated to providing players with exciting, fair, and innovative ways to engage with the world of gaming. citing, fair, and innovative ways to engage with the world of gaming.

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Blockchain Press Releases

WSPN Appoints Former EY Global Chief Innovation Officer Jeff Wong as Independent Director

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SINGAPORE, Dec. 26, 2024 /PRNewswire/ — Worldwide Stablecoin Payment Network (WSPN), a leading stablecoin infrastructure company, announces the appointment of Jeff Wong as Independent Director. Mr. Wong brings over 25 years of experience in technology innovation and enterprise transformation to WSPN. He most recently served as EY’s Global Chief Innovation Officer from 2015 to 2024, where he spearheaded the firm’s global innovation initiatives and established EY’s advanced technology labs focusing on Artificial Intelligence, Blockchain, Quantum Computing, and Web3.

Prior to EY, Mr. Wong held leadership roles at eBay and JPMorgan Partners. He is a member of the Council on Foreign Relations, the Forbes Technology Council, and the founding Chair of Asia Society’s Technology and Innovation Council, helping drive the innovation and transformation agenda. He was also a member of the World Economic Forum’s Global Future Council on Innovation Ecosystems. He has previously served on the Oxford Foundry Board at Oxford University and the Advisory Board for AI4All. Mr. Wong is a recipient of the Outstanding 50 Asian Americans in Business award and an honoree of the A100 List by Gold House, recognizing individuals with Asian Pacific heritage who have made a significant impact on American culture and society.

“Joining WSPN at this pivotal moment in the stablecoin industry is incredibly exciting,” said Mr. Wong. “I look forward to contributing my experience in emerging technologies and enterprise transformation to help WSPN build the next generation of digital payment infrastructure.”

“Jeff’s appointment represents a significant strategic addition to WSPN,” said Raymond Yuan, Founder and CEO of WSPN. “His deep expertise in innovation management, enterprise transformation, and emerging technologies, combined with his leadership experience at global institutions, will be invaluable as we accelerate our market expansion and global development.”

About WSPN

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WSPN is a leading provider of next-generation stablecoin infrastructure, committed to building a more secure, efficient, and transparent payment solution for the global economy. Their flagship product, WUSD stablecoin, is pegged 1:1 to the U.S. Dollar and aims to optimize secure digital payments for Web3 users. WSPN’s Stablecoin 2.0 approach prioritizes user-centricity, community governance, and accessibility, paving the way for widespread stablecoin adoption.

Learn more: www.wspn.io | X | LinkedIn

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