Blockchain Press Releases
KryptoGO Launches AI-Powered One-Stop Web3 Cloud Solution
KryptoGO Studio Addresses the Three Major Challenges of Web2 Businesses Upgrading to Web3
TAIPEI, Sept. 1, 2023 /PRNewswire/ — Today, KryptoGO announces the launch of its new AI-powered cloud solution for diverse Web3 enterprise scenarios – KryptoGO Studio (hereinafter referred to as KG Studio). The solution offers a one-stop, secure, and compliant peer-to-peer marketplace application. It addresses the three key challenges faced by global Web2 businesses entering the Web3 domain: identity interoperability, technical security, and user experience, by providing intelligent solutions.
KryptoGO is one of the few industry players that drive innovation with a core focus on regulatory technology. Having gained support from the National Development Fund and launched a cross-chain wallet last year, the company is now upgrading its brand services to accelerate enterprise enablement. With KG Studio, KryptoGO aims to provide the customer journey and user experience required for entry into the Web3 market. The enterprise-level application offers rapid, secure multi-chain wallets, compliance technology, encrypted financial management, innovative NFT marketing tools, user management, and intelligent analytics. All these features aim to empower businesses to succeed in the era of Web3+AI.
Founder and CEO Kordan Ou stated: “Utilizing AI can accelerate the resolution of the pain points Web2 businesses encounter when entering the Web3 realm, serving as a powerful tool. KG Studio is not just a technical solution but also a strategic partner. It helps businesses take the lead in entering the Web3 era, reducing costs and accelerating market entry. The platform offers a user-centric design, robust security and privacy measures, and flexible cryptocurrency fund management, ensuring businesses maintain a competitive edge in the rapidly evolving Web3 world.”
AI-Enabled Solutions for Overcoming the Challenges of Transitioning from Web2 to Web3
During the launch event, KryptoGO identified three significant challenges that have deterred Web2 businesses from entering the Web3 domain: First, the issue of identity and data interoperability between Web3 on-chain and Web2 off-chain, a problem KryptoGO has been addressing through its KYC/AML compliant technology. Second, the high technical barriers around cryptocurrency management for Web2 businesses interested in transitioning to Web3. Third, the necessity for a better user experience in Web3 compared to Web2, which sets higher challenges for brand owners facing user retention and acquisition. These challenges have held back some Web2 businesses from entering the Web3 metaverse.
Kordan Ou believes that AI and the applications based on large language models (AIGC) are accelerating the digital transformation of all enterprises. The fusion of AI and blockchain grants new generational capabilities to various applications, leveraging unprecedented productivity growth brought by AI while combining the security and transparency provided by blockchain. This synthesis can offer stronger efficiency, trust, and management across different industries, from traditional financial investment and cross-border payment CeFi and DeFi applications to various GameFi scenarios based on game ecosystems, IP, P2E, social, NFT, etc.
According to data from Emergen Research, the global Web 3.0 market reached $3.2 billion in 2021 and is expected to grow rapidly, possibly reaching $81.5 billion by 2030. The rapid growth is mainly due to advancements in AI and blockchain technologies, increased usage of cryptocurrencies, and a demand for more secure transaction methods across various industries. By 2030, the market combining blockchain and AI could reach $9.807 billion. Companies pioneering new business models using these two technologies have the opportunity for rapid growth.
Primarily in technological transformation, AI accelerates learning and adaptation to new blockchain technologies, aiding developers in quickly mastering the required knowledge. In the security domain, AI can identify abnormal transaction patterns and potential security risks, enhancing the security of blockchain systems. In compliance, AI can automatically verify identities and data, reducing human errors and non-compliance, particularly important under blockchain industry regulations. Additionally, AI can analyze large volumes of data, provide insights, and assist operators in adjusting business models to align better with market demands.
KG Studio’s Five Key Features Addressing Three Major Challenges in Enterprise Transformation and Upgradation
KryptoGO is taking the lead in launching this one-stop service against such trends. KG Studio has formulated five major modules for front-end, middle-end, and back-end enterprise scenarios. The application of AI runs through each service, resolving the longstanding three major challenges and pain points. These modules and features include:
- User 360: Focused on user understanding and analysis, offering customizable analytics charts for enterprises to conduct deep data analysis and insights. Advanced analytics features help enterprises better comprehend user behavior and market trends, enabling precise market and user demand positioning.
- AssetPro: Tackling the complexity of asset management and operations, AssetPro simplifies on-chain fee (e.g., Gas Fee) management and provides financial scheduling for NFT and token airdrops. This enables businesses to operate assets in the Web3 world more flexibly and conveniently.
- Compliance: Resolves concerns around compliance and security by integrating KYC verification and providing identity and personal data management, especially for KYC requirements in On-ramp and Off-ramp financial flows. This ensures transactional compliance and security.
- NFT Boost: By offering NFT collection management and multi-chain support, businesses can easily create, manage, and sell their own NFT projects, breaking down barriers in establishing and promoting the NFT market.
- Wallet: Addresses the complexity and inconvenience of multi-chain wallets by offering a one-stop multi-chain wallet solution. Features include community marketplaces for NFT trading, enriched user experiences through social chat interaction, and enterprise-level wallet management mechanisms.
Bundled Solutions for GameFi and DeFi
KryptoGO introduces bundled solutions for both GameFi and DeFi industries. The KG Studio Lite offers a lightweight, modular design for rapid deployment, aiding businesses in quickly setting up branded wallets, NFT activities, customer management, and providing visual data reporting. KG Studio Pro offers a comprehensive one-stop solution from customer journey to internal operations, including custom solutions based on diverse client needs.
Brand Upgrade and Comprehensive Empowerment
KryptoGO’s Founder and CEO stated: “KryptoGO has gained deep insights into the challenges faced in entering the Web3 space from long-term mutual growth with Taiwan and global users. Supported by national development and venture funds, we actively collaborate with industry partners, associations, governments, and regulatory bodies to drive innovation in compliance technology and AI research. Through KG Studio, we have achieved on-chain and off-chain integration, aligning with our vision for a decentralized omnichannel. In 2023, our collaboration with YGG Japan led to the launch of a GameFi asset management system, not only enhancing user control and asset security but also facilitating the rapid entry of new users into Web3.”
After its brand upgrade, KryptoGO focuses on three core businesses: First, continuing to offer KYC/AML compliant tech services for the financial and banking sectors to improve efficiency and ensure compliance; second, providing a one-stop solution for businesses transitioning from Web2 to Web3, helping them overcome market entry and technical barriers while offering the best Web3 experience to their brand users; and lastly, offering wallet services to end Web3 users to solve issues related to security and interconnectivity. KryptoGO has also comprehensively integrated AI technology into its workflow and products to efficiently assist clients in resolving issues encountered during their growth stages.
About KryptoGO
KryptoGO is a leading brand advocating for the construction of a secure, transparent, and trustworthy Web3 world. Founded in 2019, KryptoGO utilizes blockchain technology, artificial intelligence, and regulatory technology to create a secure, reliable, and fully transparent decentralized virtual asset management platform for Web3 individuals and businesses. It serves as a robust bridge connecting on-chain assets with offline applications. The core engineering team has an average of over 10 years of development experience and hails from globally renowned internet companies and champions of Olympiad-level programming contests. They bring rich experience in open-source project development (with Github projects totaling over 25,000 stars), over 6 years of blockchain development experience, and hold more than 10 patents in artificial intelligence and blockchain. KryptoGO has not only achieved ISO 27001 and 27701 international certifications but also has attracted significant investment from capital sources like the National Development Fund, pushing its valuation over a hundred million. Current clients include banks, venture capital firms, and numerous virtual asset service providers. Its strategic partners are located both domestically and internationally, including the largest Web3 gaming guild YGG’s Japanese gaming guild, YGGJ.
Official Website: https://kryptogo.com
Photo – https://mma.prnewswire.com/media/2198812/HPS_4308.jpg
Photo – https://mma.prnewswire.com/media/2198801/IMG_7531.jpg
View original content:https://www.prnewswire.co.uk/news-releases/kryptogo-launches-ai-powered-one-stop-web3-cloud-solution-301915535.html
SHANGHAI, March 18, 2025 /PRNewswire/ — Cango Inc. (NYSE: CANG) (“Cango” or the “Company”), a leading Bitcoin mining company with an automotive transaction service in China, today announced that it has been included in the Bitwise Bitcoin Standard Corporations ETF (NYSE Arca: OWNB), launched by Bitwise Asset Management on March 11, 2025. The exchange-traded fund (ETF) tracks the Bitwise Bitcoin Standard Index, providing investors with exposure to forward-looking publicly traded corporations holding a minimum of 1,000 Bitcoins on their balance sheets.
“We are proud to be included in the recently launched Bitwise Bitcoin Standard Corporations ETF. Our inclusion highlights the industry’s acknowledgement of our strategic pivot to Bitcoin mining and significant achievements in such a short time,” said Mr. Jiayuan Lin, Chief Executive Officer of Cango. “As a forward-looking company, our future-ready business model ensures we are well-positioned for sustained growth, global expansion, and operational flexibility in the Bitcoin mining sector in 2025 and beyond.”
Since transitioning to a capital-light Bitcoin mining model in Q4 2024, Cango has achieved a number of milestones, including leading the industry in productivity per hash rate with 17.81 Bitcoin per EH/s and securing a hashrate of 32 EH/s, ranking 3rd globally.
About Cango Inc.
Cango Inc. (NYSE: CANG) primarily operates a leading Bitcoin mining business. Headquartered in Shanghai, China, Cango has deployed its mining operation across strategic locations including North America, Middle East, South America, and East Africa. Cango expanded into the crypto assets market in November 2024, driven by the development in blockchain technology, increasing prevalence of crypto assets and its endeavor to diversify its business. Meanwhile, Cango has continued to operate the automotive transaction service in China since 2010, aiming to make car purchases simple and enjoyable. For more information, please visit: www.cangoonline.com.
Safe Harbor Statement
This announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” and similar statements. Cango may also make written or oral forward-looking statements in its periodic reports to the SEC, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about Cango’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: Cango’s goal and strategies; Cango’s expansion plans; Cango’s future business development, financial condition and results of operations; Cango’s expectations regarding demand for, and market acceptance of, its solutions and services; Cango’s expectations regarding keeping and strengthening its relationships with dealers, financial institutions, car buyers and other platform participants; general economic and business conditions; and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in Cango’s filings with the SEC. All information provided in this press release and in the attachments is as of the date of this press release, and Cango does not undertake any obligation to update any forward-looking statement, except as required under applicable law.
Investor Relations Contact
Yihe Liu
Cango Inc.
Tel: +86 21 3183 5088 ext.5581
Email: [email protected]
Helen Wu
Piacente Financial Communications
Tel: +86 10 6508 0677
Email: [email protected]
View original content:https://www.prnewswire.co.uk/news-releases/cango-inc-joins-bitwise-bitcoin-standard-corporations-etf-302404481.html
Blockchain Press Releases
BingX Levels Up Trading Experience with CScalp’s Advanced Features & Fee Discounts
PANAMA CITY, Panama, March 18, 2025 /PRNewswire/ — BingX, a global leading cryptocurrency exchange, is excited to announce its integration with CScalp, a free and powerful trading terminal designed for active cryptocurrency and futures traders. This partnership aims to provide BingX users with advanced trading tools and a seamless trading experience across multiple exchanges.
CScalp is renowned for its robust features tailored for scalping and intraday trading. The platform allows traders to operate across multiple exchanges and trade different instruments within a single interface. Its user-friendly interface and comprehensive tools are optimized for quick market analysis, one-click order placement, and efficient position management.
With this integration, BingX users can now leverage CScalp’s capabilities to enhance their trading strategies. The platform’s features, such as multi-account management, stable connection, and customizable workspace, will enable users to execute trades more efficiently and effectively. BingX users can also benefit from discounts on exchange fees, access to trading signals, and an active trader community, fostering a more informed and cost-effective trading experience.
“We are thrilled to integrate BingX with CScalp, providing our users with a powerful tool to enhance their trading experience”, said Vivien Lin, Chief Product Officer of BingX. “This collaboration underscores our commitment to offering innovative solutions that cater to the diverse needs of our trading community.”
This integration not only benefits individual traders but also strengthens BingX’s position in the market by offering a more versatile and user-centric platform. By aligning with CScalp, BingX continues to demonstrate its dedication to providing cutting-edge tools and services that empower its users to navigate the dynamic cryptocurrency trading landscape with confidence.
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/
Photo – https://mma.prnewswire.com/media/2644058/BingX_Levels_Up_Trading_Experience_CScalp_s_Advanced_Features___Fee.jpg
Logo – https://mma.prnewswire.com/media/2310183/BingX_logo_Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/bingx-levels-up-trading-experience-with-cscalps-advanced-features–fee-discounts-302404412.html
Blockchain Press Releases
HTX Ventures: Striking a Balance between Compliance and Innovation in a Shifting Regulatory Landscape
SINGAPORE, March 18, 2025 /PRNewswire/ — HTX, a leading crypto exchange, has been ranked as the “Top 3 Exchanges for EUR-Stablecoin Trading Activity” in a recent CoinDesk report titled “MiCAR: The Institutional Playbook for Europe’s Digital Asset Market“. The report explores key trends shaping the European digital asset market with the implementation of Markets in Crypto-Assets Regulation (MiCAR) and highlights that HTX achieved a monthly average EUR-stablecoin trading volume of €48 million, with a notable volume of €33 million in November 2024, ranking third following Binance and Coinbase.
This surge in EUR-denominated trading coincides with the regulatory shifts. Regulatory clarity has become a key driver of institutional adoption and market confidence. The full rollout of MiCAR represents a major milestone for the industry, offering a unified framework that spans across 27 European Union (EU) member states. While MiCAR streamlines compliance and fosters innovation, it also brings along complex challenges that exchanges must navigate. HTX Ventures explores both the opportunities and hurdles that come with this landmark regulation.
Alec Goh, Head of HTX Ventures, said, “The implementation of MiCAR is a major step in the right direction for the crypto industry, providing much-needed regulatory clarity and fostering an environment conducive to institutional adoption. As jurisdictions worldwide become more crypto-friendly, a united framework like MiCAR will accelerate innovation while ensuring robust compliance. At HTX Ventures, we see this as an opportunity to drive the development of on-chain compliance tools, support the emergence of compliant DeFi solutions, and bridge the gap between traditional finance and digital assets.”
Opportunities:
- Unified Regulatory Framework Reduces Costs and Boosts Market Confidence
MiCAR covers all 27 EU member states through a “single license” approach, enabling exchanges to significantly reduce compliance costs across borders. This unified regulatory framework provides a clear and stable regulatory environment for the market, increasing confidence and participation among institutional investors while positioning Europe to becoming the world’s largest compliant digital asset market. - Technological Innovations Drive On-Chain Compliance Tools
To meet MiCAR’s stringent anti-money laundering (AML) and reserve monitoring requirements, exchanges can actively explore compliance tool innovations, including:- Using oracle networks to modularize AML rules and reserve monitoring, executing them on-chain for real-time data transparency.
- Adopting zk-SNARKs to build an on-chain central platform for regulatory data, enabling transaction data desensitization to balance regulatory transparency with user privacy.
- Leveraging account abstraction technology (ERC-4337) to integrate KYC processes into non-custodial wallets, lowering barriers for traditional financial institutions to access DeFi.
- New Opportunities for the Convergence of Traditional and Crypto Assets
With platforms such as Coinbase launching securitized tokens, exchanges can introduce real-world asset (RWA) trading. This includes income-based stablecoins backed by US stocks or Treasuries, enabling users to leverage assets like USDT for multi-asset allocation and global liquidity matching.
Challenges:
- High Costs and Technical Complexity of Compliance
MiCAR imposes strict requirements on stablecoin issuers and Crypto Asset Service Providers (CASPs), including adequate reserves, regular audits, and robust anti-money laundering measures. Exchanges must invest significantly in R&D to integrate compliance tools, data desensitization techniques, and on-chain regulatory platforms without compromising market fluidity.
- Uncertainty in the Dynamic Policy Environment
With regulatory policies evolving rapidly, exchanges must establish multi-chain testing environments and collaborate with regulatory-friendly regions (e.g., Lithuania, Malta) for cross-border stress tests and regulatory scenario simulations. This requires continuous investment, with risks at the policy interpretation and implementation levels.
- Security Risks and Stringent Custody Requirements
Following high-profile incidents like FTX, MiCAR has introduced rigorous digital asset custody requirements, mandating bank-level security measures to prevent hacking and asset loss. As DeFi integrates with traditional financial regulations, exchanges must address both technical vulnerabilities and evolving security risks.
HTX Ventures firmly believes that under a clearer regulatory framework such as MiCAR, exchanges can achieve a win-win situation through technological innovations and global asset allocation, balancing compliance with market innovation. Moving forward, the firm will continue to leverage its insights and expertise to actively explore on-chain compliance tools, expand RWA trading, and build a dynamic testing environment, navigating regulatory complexities and ensuring that crypto innovation remains aligned with long-term institutional adoption and market sustainability.
– End –
About HTX Ventures
HTX Ventures, the global investment division of HTX, integrates investment, incubation, and research to identify the best and brightest teams worldwide. With more than a decade-long history as an industry pioneer, HTX Ventures excels at identifying cutting-edge technologies and emerging business models within the sector. To foster growth within the blockchain ecosystem, we provide comprehensive support to projects, including financing, resources, and strategic advice.
HTX Ventures currently backs over 300 projects spanning multiple blockchain sectors, with select high-quality initiatives already trading on the HTX exchange. Furthermore, as one of the most active FOF (Fund of Funds) funds, HTX Ventures invests in 30 top global funds and collaborates with leading blockchain funds such as Polychain, Dragonfly, Bankless, Gitcoin, Figment, Nomad, Animoca, and Hack VC to jointly build a blockchain ecosystem. Visit us here.
Feel free to contact us for investment and collaboration at [email protected].
About HTX
Founded in 2013, HTX has evolved from a virtual asset exchange into a comprehensive ecosystem of blockchain businesses that span digital asset trading, financial derivatives, wallets, research, investments, incubation, and other businesses. As a world-leading gateway to Web3, HTX harbors global capabilities that enable it to provide users with safe and reliable services. Adhering to the growth strategy of “Global Expansion, Thriving Ecosystem, Wealth Effect, Security & Compliance”, HTX is dedicated to providing quality services and values to virtual asset enthusiasts worldwide.
For more information on HTX, please visit the HTX Square, or https://www.htx.com/, and follow X, Telegram, Discord. For further press enquiries, please contact [email protected].
View original content:https://www.prnewswire.co.uk/news-releases/htx-ventures-striking-a-balance-between-compliance-and-innovation-in-a-shifting-regulatory-landscape-302404319.html
-
Blockchain5 days agoBlocks & Headlines: Today in Blockchain – March 13, 2025: Featuring XRPTurbo, Ripple, DFSA, 75th USARIC, Allianz
-
Blockchain Press Releases4 days agoMEXC Lists AO (AO), Expanding Support for Decentralized Computing and AI Innovation with a 140,000 USDT Prize Pool
-
Blockchain6 days ago
Blocks & Headlines: Today in Blockchain – March 12, 2025 | Blockchain Week Rome, Sony Integration, DC Blockchain Summit, Base, BingX
-
Blockchain Press Releases6 days agoAB DAO Accelerates Global Expansion: Now AB Listed on BitMart & HTX AMA to Explore the Future of Web3
-
Blockchain4 days ago
Concerned Stockholders Prevail in Delaware Court; Obtain Stockholder List Necessary for Robust Proxy Solicitation
-
Blockchain7 days ago
Blocks & Headlines: Today in Blockchain – March 11, 2025: Utah Legislature, Pakistan, Women Leaders, JPMorgan, XRPTurbo, Ripple XRP
-
Blockchain6 days ago
Mercurity Fintech Holding Inc. Announces Strategic Engagement with BitGo for Institutional-Grade Custody Services
-
Blockchain Press Releases5 days ago
HTX Ventures: DeepSeek Triggers AI’s “iPhone Moment”, Accelerating AI Agents into Real Crypto Use
