Blockchain Press Releases
CDNetworks and 17LIVE Joined Forces to Deliver the Top Live Streaming Experience in Asia
With seamless low-latency live streaming services and round-the-clock support, CDNetworks elevates 17LIVE’s live streaming user experience to greater heights.
SINGAPORE, Aug. 16, 2023 /PRNewswire/ — CDNetworks, an APAC-leading network to deliver edge as a service, proudly acknowledges its instrumental role in the ascent of 17LIVE, Asia’s leading live streaming platform. The collaboration between the two companies, which began in 2016, underpins 17LIVE’s evolution as today’s leading live streaming platform in Japan and, soon, across Asia.
With a wide range of content offerings that span interactive gaming, music, and art sharing, 17LIVE has become a major player in the live streaming industry since its inception in 2015. Its unique combination of low latency, high stability, and superior audiovisual presentation sets it apart from competitors, creating an immersive interactive experience for users. This exceptional user experience is closely tied to the robust CDN capabilities and Media Delivery technologies offered by CDNetworks.
How CDNetworks Powered up 17LIVE’s Live Streaming Business
Enhance Global Network Infrastructure (High-performance Cross-border Streaming)
With a mission “To empower human connections through live technology,” 17LIVE dedicated itself, from day 1, to serving global users with an unparalleled experience. CDNetworks, with over 2,800 points-of-presence in more than 70 countries and regions around the world, provides 17LIVE with the high-quality CDN and streaming media distribution services it needs to deliver on this vision. Notably, in Asia, CDNetworks is recognized as the top-performing CDN provider, enabling 17LIVE’s live streaming platform to offer exceptional service and gain a competitive edge right from the beginning.
For regions such as China, that enforce unique internet policies, CDNetworks overcame cross-border latency issues and unstable connections through its China Premium Service. This service enables live streaming viewers and key opinion leaders (KOLs) to engage in seamless cross-country interactions without limitations.
Enable Low Latency Streaming
Unlike some other CDN providers, CDNetworks is one of the few that offers latencies as low as 3 seconds for live streaming platforms through its support of FLV large volume distribution. This protocol not only provides lower latency compared to HLS/DASH, RTMP, and other protocols. It also helps live streaming platforms avoid the high costs associated with using ultra-low latency technologies that are required only for live event broadcasting. It perfectly suits the round-the-clock continuous live streaming business of 17LIVE.
17LIVE’s growing user base is evidence of how low latency in the live streaming arena can be critical to a company’s success by unlocking 17LIVE’s many interactive features. Currently, 17LIVE has successfully developed multiple apps, including video streaming, voice streaming, and e-commerce streaming, all built around low latency features.
Create Immersive User Experiences
To build a platform that delivers a truly immersive live streaming experience, 17LIVE leverages the various streaming media processing technologies provided by CDNetworks, including screenshot, recording, and storage, to further enhance user engagement on their platform. For example, through the screenshotting and recording features, the platform can set corresponding covers for channels and provide users with the ability to replay content, thereby increasing interactive communication on the platform.
At the same time, CDNetworks also offers transcoding to adapt and transcode live streaming content based on different network environments and device terminals. This approach ensures seamless end-to-end interactive experiences for users.
Boost Daily Operation Efficiency
With the exponential increase in the number of users and KOLs, the 17LIVE platform was in dire need of finding an automated solution that could regulate and store the mounting amounts of real-time content that were being generated on a daily basis. To address this challenge, CDNetworks built an efficient moderation and storage mechanism using the aforementioned streaming technologies that helped 17LIVE reduce the manpower required to perform daily operations. In this way, 17LIVE’s backend team could easily monitor the entire platform around the clock, utilizing AI-monitoring and machine-learning technologies to prevent any illegal and inappropriate conduct on its streaming platforms.
Provide 24/7 Dedicated Support
CDNetworks formed a dedicated work group to provide wide ranging services such as business analysis, instant message services, policies customization & optimization, configuration validation, emergency response, and proactive optimization. CDNetworks also arranged periodic business reviews that enabled 17LIVE to boost its key technology iterations.
“The CDNetworks’ media delivery solutions provided to 17LIVE can be described as all-weather, all-encompassing, and multi-dimensional. We are fortunate to have become a valued partner from the very beginning of 17LIVE and witness its growth into the Asia’s leading live streaming platform. 17LIVE’s ongoing success serves as a testament to CDNetworks’ cutting-edge media delivery solutions in the industry.” said Doyle Deng, Head of Global Marketing and Product at CDNetworks.
Regarding this successful cooperation Andy Tseng, Sr. Engineering Director from 17LIVE commented, “CDNetworks has been our trusted growth partner since 2016. Their services continue to play a critical role that empower us to meet the increasing demands of our growing business year after year. Their robust content delivery network, media processing capabilities, and supporting services enable us to provide exceptional streaming experiences to our end users and ultimately become the largest live streaming platform in Asia.”
Looking ahead, CDNetworks and 17LIVE are committed to further enhancing the live streaming experience for users and expanding 17LIVE’s global reach. Both companies have ambitious plans for innovation, content delivery, and audience engagement, with the goal of providing the best live streaming platform to global viewers.
About CDNetworks
As the APAC-leading network with over 2800 global Points of Presence and more than 20 years of technology experience, CDNetworks embraces the new era of Edge and takes it to the next level by using the Edge as a service to deliver the fastest and most secure digital experiences to end users. Our diverse products and services include web performance, media delivery, cloud security, zero trust security, and colocation services — all of which are uniquely designed to spur business innovation. To learn more, visit cdnetworks.com and follow us on LinkedIn
About 17LIVE
17LIVE (one seven live) is Japan’s largest* live-streaming platform and is located in Tokyo, headed by Global CEO, Hirofumi ONO. With a mission to “Empower Human Connections through Live Technology”, we aim to create a world where users can enjoy every moment of their lives on the seven continents under one sky. The platform reached 50 million registered users worldwide as of September 2021. For more information about the company, please visit https://jp.17.live/
*Data from App Annie on downloads and sales (January-December 2020)
Media Contact
CDNetworks Co. Ltd
media@cdnetworks.com
www.cdnetworks.com
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Blockchain Press Releases
Compass Mining Scales Texas Operations with 25 MW Bitcoin Mining Facility, Plans Further Expansion
Energizes Over 50 MW in 2024 Across Six States, with 35 MW Coming Online by January 2025
WILMINGTON, Del., Dec. 20, 2024 /PRNewswire/ — Compass Mining (“Compass” or the “Company”), a leading provider of Bitcoin mining hardware, hosting, and operational solutions, proudly announces the addition of a new 25 megawatts (MW) Bitcoin mining facility in Texas to its growing network of North American operations. The facility is already fully built out and will be operational with an initial 5 MW of capacity by year’s end, scaling to 25 MW in early January 2025. Compass also plans to expand the facility’s capacity to 60 MW by Q3 2025.
The new Texas facility will house a mix of relocated machines from Compass’s existing sites, as well as newly deployed units, ensuring continuity for current customers while offering new clients a seamless and turnkey Bitcoin mining experience. By January 2025, new customers purchasing machines through Compass’s platform will have the option to deploy them at the “Texas 6″ site.
“Our new Texas facility represents another milestone in our mission to make bitcoin mining more accessible for everyone,” said Paul Gosker, CEO of Compass Mining. “We bring a wealth of experience from successfully operating at multiple locations across Texas, navigating the unique grid dynamics and leveraging local resources. For this site, we will provide our support and expertise, including assisting our site partner in hiring expert technicians who meet Compass’s high standards. This ensures high uptime and reliability, delivering the quality our customers expect.”
Compass’s strategy combines vertical integration through proprietary facilities, such as the new Iowa 4 site, with partnerships at third-party facilities renowned for high uptime and reliability. This dual approach allows the company to maintain operational flexibility while delivering reliable hosting solutions. The company has energized a total of approximately 50 MW of power capacity across mining facilities in Indiana, Iowa, Ohio, Kentucky, Nebraska, and Texas in 2024, with plans to add another 35 MW by January 2025.
About Compass Mining
Compass Mining is a customer-first company that provides a platform for individuals and businesses to purchase Bitcoin mining hardware, host machines, build and manage mining facilities, and access a range of ancillary services. With a commitment to exceptional customer support and transparency, Compass Mining sets the benchmark for bitcoin mining hosting. Its mission is to make Bitcoin mining accessible to everyone. To learn more about Compass Mining or to start mining today, visit compassmining.io.
Media Contact
BlocksBridge Consulting
[email protected]
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DUBAI, UAE, Dec. 20, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, will be extending the festive fun with lavish virtual gifts for Bybit Card holders. From Dec. 20, 2024 to Jan. 31, 2025, with every swipe of their Bybit Card, users may get a chance to unwrap mystery gift boxes, including 1,000 in USDT and other exciting airdrops from DOGE to BTC—all rewards, no catches.
For each 100 USDT spent in eligible purchases with the Bybit Card, users will receive a lucky draw ticket to redeem a gift box on Bybit. Each gift box promises a crypto reward—from Christmas baubles in DOGE, SOL, ETH, XRP and BTC airdrops, all the way up to the grand prize of 1,000 in USDT. Registration is required and the special Holiday Giveaway ends at the end of Jan. 2025.
For users looking for a convenient way to utilize their crypto assets for daily spendings and debit payments, it is not too late to apply for the Bybit Card. The application and verification process takes minutes, and a virtual card will be issued as soon as the card is approved, enabling seamless digital payment on Apple and Android devices in applicable regions.
“The Bybit Card takes the hassle out of crypto off-ramp for regular users and weaves rewards and benefits into daily spendings. On top of regular cashbacks, we are introducing extra perks as our token of thanks to wrap up an eventful year in crypto,” said Joan Han, Sales and Marketing Director at Bybit.
The Bybit Card made expansive global footprints 2024 as crypto adoption continues to rise in the past year. Trusted and frictionless crypto payment solutions are in demand in various parts of the world, and Bybit is one of the natural habitats of crypto native consumers. Spanning from Buenos Aires to Amsterdam, the Bybit Card community is growing and so are the perks:
- Up to 10% cashback in USDT, BTC and ETH on eligible purchases
- Zero fees for instant virtual card issuance
- Zero annual or hidden fees
- Up to 8% APY
Enjoy this festive season in all its splendor. Eligible Bybit Card holders from all regions are welcome; terms and conditions apply: Bybit Card Holiday Giveaway: Swipe, Spend & Sparkle!
#Bybit / #TheCryptoArk #theBybitCard
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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Blockchain Press Releases
Bybit P2P Unlocks 20,000 USDT Prize Pools for Select Users in South Asia and Africa
DUBAI, UAE, Dec. 20, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, will be concluding 2024 with lucky spins all around for eligible users on Bybit P2P. With a chance at two grand bonus pools of 10,000 USDT each, select users in parts of South Asia and Africa stand to make the most of their P2P trades at Bybit.
From now to Dec. 31, 2024, eligible users may create their own P2P trading bonus at Bybit and unlock 100% chance of winning:
- South Asia: Eligible users in South Asia may sign up for the Grand Spin Extravaganza
- Africa: Eligible users may register to enter the P2P Prize Spinner
Successful participants may complete one or more referral, deposit, or trading tasks to earn up to 10 Lucky Draw Tickets. Tasks start at beginner level including a first-time deposit of 10 USDT. With a Ticket, users get to spin the wheel of fortune for a guaranteed airdrop from the 10,000 USDT Prize Pool.
As communities in the Global South start to build and diversify their wealth, millions are in dire need of modernized and inclusive financial infrastructures. The digital asset class offers an alternative for grassroot investors in emerging markets, demonstrating transformative power to shape the future of growth.
Bybit’s peer-to-peer trading platform provides user-friendly and trusted tools for P2P merchants and buyers. Users can compare and execute trades at an optimal price agreed upon by both parties, carried out on Bybit’s ultra smooth trading platform at zero fees. Supporting over 60 fiat currencies and over 300 payment methods, Bybit P2P contributes to democratizing access to the digital economy.
Users who have completed Bybit Identity Verification Level 1 may log in to confirm their eligibility. Terms and conditions apply.
#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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