Blockchain Press Releases
Risen Energy’s Nanbin 15GW Manufacturing Base Commences Operation, Producing the Hyper-ion HJT Solar Module
NINGBO, China, Aug. 18, 2023 /PRNewswire/ — Risen Energy (“the Company”), a global leading manufacturer of high-performance solar photovoltaic (PV) products, has announced that the Hyper-ion heterojunction (HJT) solar module produced by the Company’s Nanbin 15GW manufacturing base (Phase-1) has rolled off the assembly line. The moment was celebrated with a ceremony attended by Risen Energy’s executives and government officials who together witnessed the significant milestone that will go a long way in bolstering the company’s plan to scale up the Hyper-ion series production capacity.
The announcement comes as Risen Energy has vowed to zero in on the research and development of n-type HJT modules as part of the Company’s mission and strategy to catalyst innovation for high-power, high-efficiency solar modules. Risen Energy is the latest solar leader to see HJT technology as one of the key innovations that will usher in a new era for the solar sector, boosting power generation while trimming down the cost and carbon footprint of solar products. Earlier this year, Risen Energy unveiled plans to raise the production capacity of its n-type HJT Hyper-ion series to 15GW by the end of 2023.
Risen Energy’s HJT Hyper-ion modules are equipped with a wide range of state-of-the-art features at the forefront of solar technology, outperforming their market counterparts in terms of both performance and cost-effectiveness. Their industry-leading efficiency is achieved through the use of low-temperature double-sided passivated contacts and double-sided microcrystalline technology. Additionally, the adoption of pastes with lower silver content and an alloy frame design ensures excellent reliability while further reducing costs.
With a highest power output of 741.456Wp and an efficiency exceeding 23.89%, Risen Energy’s Hyper-ion HJT modules offer a stable temperature coefficient, capable of maintaining their power output above 90% even after 30 years of use. Furthermore, the carbon footprint value (CFP) of the modules is less than 400kg eq CO2/kWc.
Situated in southern Ningbo with a total investment of RMB 15.2 billion, Risen Energy’s Nanbin manufacturing base covers an area of 1,448 mu (238 acres). It is a major project that is supercharging Ningbo’s new energy ambition to establish a hundred-billion-scale industrial eco-system that specializes in the R&D and production of solar PV cells, glasses, modules, and energy storage systems. Ninghai, a county under the administration of Ningbo has launched itself to be a solar hub. Ninghai has seen the combined industrial output of the PV and energy storage sectors achieve RMB 6.65 billion in 2023 Q1 alone, up 78.8% from the same period last year.
Extending congratulations on the landmark moment of the manufacturing base, Ge Renyuan, Deputy County Mayor of Ninghai, said, “Risen Energy’s leadership in PV R&D and manufacturing has greatly contributed to the industry’s growth, and the inauguration of Risen Energy’s Nanbin manufacturing plant is instrumental in further expanding Ninghai’s renewable energy landscape. We pledge to foster a business-friendly environment, creating a space where new energy companies can explore innovation and drive transformative changes that help China and beyond accelerate toward energy transition while uplifting people’s living standards.”
“The official operation of the Nanbin manufacturing base not only gives Risen Energy another competitive edge but also holds pivotal importance in fuelling Ninghai’s resources for developing intelligent manufacturing. Moving forward, Risen Energy remains steadfast in its mission to deliver a paradigm shift to the solar industry with technological breakthroughs, empowering the global economy to build a green, sustainable future for all. We will focus on ramping up the production of high-efficiency modules as we continue to strengthen the solar value chain in Nanhai to achieve greater industry synergy, helping the region establish itself as a PV and energy storage powerhouse,” said Wu Xuegang, President & Member of Executive Board of Risen Energy.
As Risen Energy is poised to level up its production capacity of high-efficiency HJT modules, the Company strives to meet the global market demand for clean, sustainable energy solutions with more HJT offerings. Guided by its mission of enabling new green energy for a better life, Risen Energy remains dedicated to pioneering technological advancements that drive meaningful change for humanity.
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View original content:https://www.prnewswire.co.uk/news-releases/risen-energys-nanbin-15gw-manufacturing-base-commences-operation-producing-the-hyper-ion-hjt-solar-module-301904270.html
DUBAI, UAE, Nov. 28, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, in collaboration with Blocks Scholes, released the latest weekly derivatives analytics report and uncovered signals indicating ETH’s rise above BTC in the past week.
Fueled by news of current U.S. SEC Chair Gary Gensler’s departure at the end of the Biden administration’s term, ETH performance has positively surprised investors. In particular, open interest in ETH perpetual has been on the rise. Several large-cap altcoins also benefited from Gensler’s announcement, anticipating less scrutiny upcoming January.
Key Insights:
ETH outperformed BTC in open interest: Perpetual swap data has seen a gradual decline in BTC open interest while ETH contracts increased. ETH has also been taking a bigger share of daily trading volumes in the past 6-month time frame despite an overall slower market this week. The optimism could be attributed to hopeful investors’ expectation of a more crypto-friendly SEC Chair after Gensler’s last day on Jan. 20, 2025.
BTC price in retreat: BTC price’s ebbing from the $100K mark has flattened the ATM volatility term structure, with short-tenor options dipping below 60%. This mirrors a pattern observed since the U.S. election. Lower realized volatility explains the drop, while open interest in calls and puts remains unchanged, demands for short-term options this week have stagnated.
ETH options – bullish sentiment in moderation: ETH options show slightly more bullish sentiment than BTC options. Markets have recalibrated after the post-election high, but call options remain in the lead in both trading volumes and open interests.
Access the Full Report:
Read the full report in context here.
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About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving over 50 million users. Established in 2018, Bybit provides a professional platform where crypto investors and traders can find an ultra-fast matching engine, 24/7 customer service, and multilingual community support. Bybit is a proud partner of Formula One’s reigning Constructors’ and Drivers’ champions: the Oracle Red Bull Racing team.
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View original content:https://www.prnewswire.co.uk/news-releases/bybit-x-block-scholes-derivatives-report-eth-outperforms-btc-302318387.html
GZIRA, Malta, Nov. 28, 2024 /PRNewswire/ — Popular iGaming content provider BGaming has secured a highly sought-after licence in Peru, marking a significant milestone in its expansion across LatAm.
BGaming’s technical system of gaming software and its engaging portfolio have been officially approved by the gambling regulator Mincetur, a national administrative authority which implements and oversees all aspects of online gaming and sports betting in Peru. By receiving the B2B certification, BGaming broadens its appeal with local licenced operators in the newly regulated market.
The licence also opens up more opportunities for BGaming to expand its business and strengthen its position in the wider LatAm region, where it has enjoyed significant attention in the last 12 months.
Marina Ostrovtsova, CEO at BGaming, said: “Securing the Peru licence marks a pivotal moment in BGaming’s global expansion. This certification not only strengthens our presence in Latin America but also underscores our commitment to bringing high-quality, immersive gaming experiences to new audiences.
“We are excited about the opportunities this will unlock, both in terms of growth and the reception of our slots in this new market.”
BGaming is a fast-growing iGaming content provider converting gambling into gaming. Thanks to an expert team and a player-driven approach, the studio creates innovative and engaging products featured on reputable platforms and 1,000+ online casinos worldwide. BGaming is the world’s first to support cryptocurrencies and offer Provably Fair games. Today the brand’s portfolio includes 100+ products with HD graphics and a clear user interface for every device. The studio is also known for its brand exclusives created in partnerships with leading operators in the industry.
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View original content:https://www.prnewswire.co.uk/news-releases/bgaming-awarded-peru-supplier-licence-302317696.html
TAIPEI, Nov. 28, 2024 /PRNewswire/ — KryptoGO, a leader in Web3 financial infrastructure, has taken another groundbreaking step to ensure unparalleled user and enterprise safety by completing a rigorous security audit aligned with industry-leading methodologies. This milestone solidifies KryptoGO’s position alongside globally trusted platforms like 1Password, Metamask, and Trust Wallet, known for their exceptional security standards.
The audit, conducted with methodologies comparable to those used for 1Password—a benchmark in secure password management—focused on ensuring KryptoGO’s mobile applications, backend systems, and API endpoints meet the highest security standards. 1Password’s robust security features, such as end-to-end encryption, zero-knowledge architecture, and constant vulnerability testing, serve as the foundation for KryptoGO’s enhanced protection framework.
Demonstrating Excellence in Cybersecurity
KryptoGO has consistently showcased its expertise in security through achievements in prominent cybersecurity competitions and hackathons. Recognized for exceptional performance in events like 2024 BlazCTF, ETH Tokyo Hackathon, and ETH Taipei Hackathon, KryptoGO has solidified its reputation as a trusted innovator.
This audit marks another significant step forward, addressing potential vulnerabilities and reaffirming KryptoGO’s ability to safeguard user assets in an increasingly complex Web3 landscape. Notably, the findings resulted in a 50% reduction in vulnerabilities compared to prior assessments, demonstrating tangible progress in security hardening.
Why Security in Web3 Wallets Matters
In the Web3 ecosystem, wallets act as critical gateways, holding sensitive keys that grant users exclusive control over their digital assets. A single security lapse can lead to catastrophic consequences, including the loss of assets and the erosion of user trust.
Recognizing this, KryptoGO employs a multi-layered approach to private key management, ensuring the highest levels of security and reliability for its users:
- Device-Level Encryption: Private keys are encrypted with a Device Encryption Key and securely stored in the device’s protected environment (Keychain for iOS and Keystore for Android). Access to these keys is tightly controlled through biometric authentication, preventing unauthorized access.
- Password Protection with Argon2: For users who opt for password backups, KryptoGO utilizes Argon2-HMAC-SHA256 with 310,000 iterations to derive an Account Unlock Key (AUK). This industry-standard process, aligned with NIST guidelines, offers robust resistance to brute-force attacks while ensuring compatibility across a broad range of devices.
- Cloud Backup with Shamir’s Secret Sharing: To enhance convenience and accessibility, KryptoGO employs Shamir’s Secret Sharing Scheme (SSS) for password-free cloud backups. This approach splits private keys into multiple fragments (Key Shares) stored across diverse platforms like iCloud and Google Drive. Restoration is possible with any two fragments, ensuring data availability without compromising security.
These measures collectively address the most critical challenges in wallet security:
- Token Integrity: Robust lifecycle management prevents impersonation or unauthorized access.
- Advanced Encryption Standards: Sensitive wallet data and transactions are safeguarded by cutting-edge cryptographic techniques.
- Resilience Against Data Loss: Diverse and secure backup options ensure users can recover their wallets without fear of permanent loss.
- Access Control Enhancements: Multi-layered authentication mechanisms safeguard accounts.
- Secure APIs: Backdoor vulnerabilities and information leaks are actively prevented.
Results That Build Trust
The rigorous Cure53 audit, leveraging white-box and gray-box penetration testing, verified KryptoGO’s resilience against security threats. Cure53’s global reputation for securing critical systems further amplifies the credibility of KryptoGO’s security achievements. The resolution of key vulnerabilities identified during the audit, including token mismanagement and API access concerns, reflects KryptoGO’s dedication to continuous improvement and operational excellence.
Raising the Bar for Web3 Security
By achieving security certifications on par with 1Password and other leading platforms, KryptoGO has set a new benchmark for wallet safety in the Web3 era. These advancements empower users to confidently manage their digital assets while positioning KryptoGO as the trusted partner for enterprises seeking high standard and scalable blockchain solutions.
About KryptoGO
KryptoGO is a pioneer in Web3 solutions, providing secure, compliant, and user-friendly wallet services. Focused on stablecoin payment infrastructure and asset management, KryptoGO empowers businesses to seamlessly transition into the decentralized economy, backed by cutting-edge technology and industry best practices.
For more information on how KryptoGO can support your Web3 business needs, please visit www.kryptogo.com or contact us directly.
Media Contact: [email protected]
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View original content:https://www.prnewswire.co.uk/news-releases/kryptogo-leads-the-way-with-top-tier-wallet-security-standards-302318212.html
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