Blockchain Press Releases
MyntExchange: Why Securities Need to Be on the Blockchain
From the desk of Myntfund
REYKJAVÍK, Iceland., Aug. 8, 2023 /PRNewswire/ — One of the fundamental benefits of blockchain technology is its ability to record transactions transparently in a tamper-proof ledger.
This level of openness is unprecedented in a financial sector where obscurity, complicated acronyms, and manipulation benefit only the most powerful players. Specifically, blockchain technology can shine a light on unethical tactics like the use of dark pools-private exchanges where large trades happen, hidden from the public eye. In short, these pools allow hedge funds to influence prices undetected by dumping stocks en masse.
But only a few at the top of the securities hierarchy benefit from “taking a dip” into these pools.
In 2016, Barclays and Credit Suisse were fined more than $150 million by the SEC for operating dark pools.
In the words of the famous David Fincher film “The Social Network” about Facebook’s meteoric rise:
“In the grand scheme of things, that’s a speeding ticket.”
In other words, those fines mean nothing to these firms, and the SEC is nothing but a highway patrolman catching them in the act every once in a while.
To level the investing playing field, larger technological changes are necessary.
Blockchain’s transparency permits regulators to monitor markets continually instead of relying on sporadic inspections. While the SEC changed laws recently to inspect hedge funds unannounced, their oversight remains limited. Blockchain provides constant surveillance of all network activity and assets.
This visibility deters foul play and benefits retail investors.
The inefficiencies and obfuscation of legacy financial systems ultimately stem from high costs and outdated processes. For example, the systemic practice of “beautifying” balance sheets uses significant resources to polish company images before listing publicly.
There’s another word for this process:
Fraud.
But hey, we’re not the SEC-what do we know?
Then there’s the substantial administrative overhead of managing securities through decades-old infrastructure.
For example, simply listing a stock on an exchange requires tens of millions of dollars (depending on the number of stocks issued) and over a year of jumping through hoops. The costs and complexities of issuance and trading continue to plague processes long after the initial hurdles.
This bureaucratic bottleneck contradicts the swift pace of modern business.
Let’s face it: despite the many (valid) complaints about cryptocurrencies, blockchain technology could bring securities into the 21st century.
Blockchain technology allows assets like stocks to be issued and traded in a direct peer-to-peer manner, sans middlemen. Intermediaries and gatekeepers have traditionally cream-skimmed value while saddling processes with exorbitant costs.
Not so on-chain.
Blockchain also enables fractional ownership, letting retail investors participate in opportunities otherwise accessible only to the wealthy, such as real estate or investment funds. By opening doors to diverse investors, blockchain also promotes financial inclusion in capital markets.
For issuers and companies, listing securities on the blockchain dramatically cuts down costs compared to traditional routes. Startups in particular can benefit from this affordability and lower their barriers to entry. Ongoing costs are also slashed through process automation and reduced paperwork.
Beyond listing, blockchain tech also reduces the overhead of compliance, tracking ownership, and shareholder communications. These activities typically take tremendous manual effort and expense in legacy frameworks.
Blockchain’s ability to embed rules and automate workflows via smart contracts also smooths operations throughout the security’s lifecycle.
Specialized blockchain exchanges have already emerged to solve some of these endemic industry problems. For example, MyntExchange implements an innovative fee model where transactions incur a small charge in company stock instead of cash.
Moreover, it uses smart contract technology to protect users from so-called “pump and dumps” where company leaders dump all of their stock at the highest point, leaving their investors “holding the bag” of now-worthless company stocks. (Unfortunately, this happens a lot in the crypto world.)
In a blockchain-enabled investing environment like the one we’re describing-with a unique “pay in shares” fee model-holding shares aligns the exchange’s incentives with listed firms, as well as the investors, thus avoiding conflicts of interest.
Don’t forget:
In the traditional, legacy financial system, “conflict of interest” is a synonym for “business as usual.”
Let’s say we change that, eh?
Of course, while blockchain technology improves security through encryption and resilience, risks like hacking remain. Exchanges must utilize impenetrable infrastructure and smart contract code to thwart exploits.
Users also need to manage their private keys responsibly to prevent theft. Ultimately, like all things cybersecurity, blockchain technology is only as secure as its underlying implementation.
For securities in particular, blockchain must be layered with protections against fraud. MyntExchange, for example, achieves this by isolating its ecosystem to render stolen assets worthless. In other words, the exchange also uses its native currency MintPay to enable trading between assets. This liquidity pool acts as a protective moat by only allowing whitelisted tokens.
BROADER POTENTIAL OF BLOCKCHAIN
Beyond trading, blockchain technology opens doors the doors to all kinds of other benefits for retail investors, including:
- Embedded governance
- Secure voting
- Compliance
- Automated regulatory filings
In short, shareholders can participate in transparent decision-making while companies save costs and effort.
Overall, blockchain technology presents a monumental opportunity to fix foundational flaws in the securities industry plaguing both issuers and traders. By enhancing transparency, promoting fair access, reducing costs, and enabling innovation, blockchain can propel securities into the 21st century.
The next generation of securities rests on a foundation of openness, efficiency, and equal opportunity.
To get your asset on-chain, [email protected]
CONTACT:
The following files are available for download:
https://news.cision.com/myntfund-ehf-/i/why-myntexchange-is-born-out-of-necessity,c3204270 – Why MyntExchange is born out of necessity
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PANAMA CITY, March 15, 2025 /PRNewswire/ — BingX, a global leading cryptocurrency exchange, is excited to announce its participation as a Gold Sponsor at the 5th edition of Next Block Expo (NBX), scheduled for March 19-20, 2025, at Multikino Złote Tarasy in Warsaw, Poland. As one of Europe’s premier Web3 events, NBX 2025 is expected to attract over 2,000 attendees, making it a key platform for blockchain innovation and collaboration.
NBX serves as a dynamic hub for industry leaders, startups, investors, and developers, fostering knowledge-sharing and networking opportunities to drive the future of blockchain. As a firm advocate for Web3 advancements, BingX will showcase its ongoing commitment to innovation through an interactive booth, featuring engaging activities, expert insights, and exclusive giveaways. Attendees will gain firsthand knowledge of how BingX supports high-potential blockchain projects with financial backing, technical expertise, and strategic growth consultations.
In addition to its sponsorship, Vivien Lin, Chief Product Officer of BingX, will be a key speaker at NBX 2025, contributing to discussions on strategic trading approaches, risk management, and the evolving landscape of blockchain investments. She will also deliver a keynote speech exploring BingX’s vision for blockchain innovation and how the company translates emerging technologies into real-world applications.
“At BingX, we believe that true innovation comes from bold ideas and strategic execution,” said Lin. “Sponsoring NBX 2025 is more than just a presence for us — it’s a commitment to fostering a thriving blockchain ecosystem. We are here to connect with visionaries, provide the resources they need, and help shape the future of decentralized technology. By empowering builders and innovators, we’re not just supporting projects — we are accelerating the evolution of Web3 itself.”
BingX’s participation at NBX 2025 underscores its long-term vision of driving blockchain innovation and supporting the next generation of industry leaders. As BingX continues to expand its global footprint, initiatives like this sponsorship reinforce its role as a catalyst for growth in crypto space. By engaging with emerging projects, thought leaders, and investors, BingX remains at the forefront of Web3 advancements, bridging the gap between groundbreaking ideas and real-world impact.
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-joins-nbx-2025-as-a-gold-sponsor-empowering-blockchain-innovation-302402414.html
Blockchain Press Releases
Opportunities in Volatility: Navigate Crypto Market Trends with KuCoin Trading Bots
VICTORIA, Seychelles, March 14, 2025 /PRNewswire/ — KuCoin, a global leading cryptocurrency exchange, is excited to announce the release of its latest market trend and trading bot strategies report for March 2025. This detailed production is designed to empower traders by enhancing their understanding of the crypto market and refining their trading techniques.
This new report is set to support both novice and experienced traders by providing them with a detailed historical analysis of Bitcoin’s performance over the past 13 years, diving into the long-term trends and cyclicality of the market, enabling traders to enhance their understanding of the market landscape.
To help everyone to better keep up with the dynamics of the market, the report features a calendar of key events in March that are expected to impact the crypto markets. This report serves as learning materials with the purpose of information sharing, users are welcome to leverage the detailed information provided in the report to personalize their own analysis and develop trading strategies that align with their individual trading habits and risk appetite.
This is a testament to KuCoin’s ongoing commitment to education and excellence in the crypto trading space. New users are also welcomed to join the latest Trading Bot Carnival to stand a chance of getting various types of rewards. Users are encouraged to read through risk warnings before proceeding to investing.
For a full report and access to the educational resources provided by KuCoin, please visit KuCoin Official Website.
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 40 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. This recognition reflects its commitment to user-centric principles and core values, which include integrity, accountability, collaboration, and a relentless pursuit of excellence. Learn more: https://www.kucoin.com/.
Disclaimer: This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions or any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances.
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View original content:https://www.prnewswire.co.uk/news-releases/opportunities-in-volatility-navigate-crypto-market-trends-with-kucoin-trading-bots-302401870.html
DUBAI, UAE, March 14, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has announced a new perk for MT5 users on Bybit in a zero-fee trading event, Indices Unleashed.
From today until April 12, 2025, Bybit traders can execute transactions on 18 prominent indice pairs without incurring trading fees. The offer applies automatically to derivatives linked to indices including the Dow Jones Index Cash CFD (DJ30), NAS100 Cash (NAS100), Hang Seng Index Cash CFD (HK50), S&P Index Cash CFD (SP500), GER40 Cash (GER40), US SMALL CAP 2000 – CASH (US2000), France 40 Index (FRA40), Nikkei Index Cash CFD (Nikkei225), UK 100 Cash (UK100), EUSTX50 Cash (EU50), ES35 Index Cash (ES35), Hang Seng Tech Index Case CFD (HKTECH), Bovespa Cash CFD (BVSPX), South Africa 40 – CASH (SA40), S&P/ASX 200 Index Cash CFD (SPI200), Singapore 20 Index Cash CFD (SGP20), and the Taiwan RIC Index Cash CFD (TWINDEX), all available on the Bybit Gold & Forex Trading platform.
Bybit Gold & FX Trading marks a significant milestone for Bybit as the first cryptocurrency exchange to achieve seamless MT5 integration. This groundbreaking advancement provides users with access to a diverse range of financial instruments, including forex, gold, and other commodities, alongside traditional crypto offerings. With MT5’s sophisticated charting tools, automated trading capabilities, and intuitive interface, Bybit Gold & FX Trading enhances the trading experience for both seasoned professionals and those new to the markets, setting a new benchmark within the digital asset trading landscape.
“Whatever the market conditions, broader access and powerful, intelligent tools are a trader’s best friend. We’re offering free access to indices trading via MT5 on Bybit for a limited time to allow users to experience the platform and find their trading rhythm in a dynamic market,” said Joan Han, Sales and Marketing Director of Bybit.
To find out more about the event and its terms and conditions, users may visit: Bybit Indices Unleashed – Trade for Free
#Bybit #TheCryptoArk
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
Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube
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View original content:https://www.prnewswire.co.uk/news-releases/bybit-introduces-zero-fees-on-indices-trading-for-mt5-users-302401749.html
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