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Blockchain Press Releases

Bitget Reveals $100 Million EmpowerX Fund To Build All-Encompassing Ecosystem

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VICTORIA, Seychelles, Sept. 12, 2023 /PRNewswire/ — Bitget, top crypto derivatives and copy trading exchange, has announced the establishment of the Bitget EmpowerX Fund. The new fund will be dedicated to fostering the platform’s ecosystem development, which will seek investment opportunities in regional exchanges, data analytics firms, media organizations and other entities that contribute to the growth of its ecosystem.

The EmpowerX Fund will invest with a capital base of $100 million, signaling Bitget’s ambitious vision. These resources will be strategically and selectively invested to maximize the company’s long-term impact in the digital assets space and its ecosystem. Bitget believes that the key to expanding the native ecosystem lies in diversifying services to cater to the varied demands of the global user base. From a strategic perspective, Bitget aims to broaden its business horizons, creating a comprehensive trading ecosystem encompassing trading, investment, research, DeFi, media, and other functions.

“The CEX landscape is continually evolving amid influences of tightened regulations, rapid growth of Layer 2 and DeFi technologies, and we are expecting that more investment, meager and acquisition will happen in the following months. Our vision goes beyond the present. With the launch of the Bitget EmpowerX Fund, we take another major step in our mission to develop Bitget into a truly comprehensive platform for all needs. Through strategic, targeted investments that foster long-term growth, we aim to continually expand our ecosystem of services to better serve the evolving needs of users. We also want to empower other people in our industry, because a rising tide lifts all boats.” as Gracy Chen, the Managing Director of Bitget, commented on the launch of the EmpowerX Fund.

For years now, Bitget has been on a relentless journey to evolve alongside the ever-changing crypto world. As both an industry and community, we have remained dedicated to supporting the development of the next generation of innovation, the latest being the launch of the $100 Million Web3 Fund in April of 2023. The fund focuses on identifying VCs and projects globally, while prioritising Asia-based partners with a clear roadmap and innovations driven to solving real-world problems. The VCs the Bitget Web3 Fund has invested in are Foresight Ventures, Dragonfly Capital, SevenX Ventures, Gitcoin Fund, DAO Maker, and ABCDE Capital.

Bitget is actively pushing forward its decentralized strategies. Bitget announced a $30 million investment in the decentralized BitKeep multi-chain wallet in March, which was later rebranded into the Bitget Wallet. This move makes Bitget the controlling stakeholder in the wallet, marking a significant step forward in the decentralized space.

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On the other hand, Bitget is also strengthening its competitive edges in the centralized domain. It continuously optimizes trading experience, enriches product matrix and steps up membership cultivation efforts. The new “Trade smarter” rebranding philosophy now underpins Bitget’s market direction, emphasizing its dedication to empowering individuals with intuitive tools for a secure, user-friendly, and efficient financial future. The exchange intends to continue developing its native ecosystem, adding new products and features to maintain user interest and drive new engagements.

About Bitget

Established in 2018, Bitget is the world’s leading cryptocurrency exchange that offers Copy Trading services as one of its key features. Serving over 20 million users in more than 100 countries and regions, the exchange is committed to helping users trade smarter by providing a secure, one-stop trading solution. Bitget inspires individuals to embrace crypto through collaborations with credible partners, including legendary Argentinian footballer Lionel Messi and official eSports events organizer PGL.

For more information, visit: Website  |  Twitter  |  Telegram  |  LinkedIn  | Discord

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Blockchain

The GAM3 Awards 2024 Winners Announced

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The winners of the GAM3 Awards 2024 have been crowned! The 21 champions were revealed at a live event presented in partnership with Yield Guild Games (YGG) on November 22nd, marking a well-deserved close to the year and celebration of how far the web3 gaming industry has come.

Following an extremely close competition between the top games, creators, and ecosystems in the industry, our GAM3 Awards victors were revealed during the 2-hour in-person event in Manila and across all major live-streaming platforms. Each game, content creator, and ecosystem managed to top their category to stand out amongst their peers based on their tremendous progress made over the past 12 months.

The 2024 Winners

Here is the full list of winners:

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  • Best Fighting Game: Champions Ascension
  • Best Art Direction: Moonfrost
  • Best Browser: Pirate Nation
  • Best Mobile Game: Fableborne
  • Best RPG: Big Time
  • Best Strategy Game: Parallel
  • Best Action Game: Off the Grid
  • Best Casual Game: Pixels
  • Best Sports Game: Sparkball
  • Best Adventure Game: Ravenquest
  • Best Card Game: Parallel
  • Best Shooter Game: Off the Grid
  • Best Content Creator: YellowPanther
  • Best On-Chain Game: Pirate Nation
  • Best Ecosystem: Ronin
  • Games’ Choice: Wildcard
  • Best Esports Game: Parallel
  • Best Multiplayer Game: Off the Grid
  • People’s Choice: Pixels
  • Most Anticipated Game: MapleStory Universe
  • Game of the Year: Off the Grid

Prizes and Partners

Among the exciting updates for our 2024 GAM3 Awards was the increased $5 million prize pool, which consisted of grants, products, services, marketing, and blockchain support from partners such as AWS, XAI, Thirdweb, Aethir, and Community Gaming among others to help finalists and winners grow even further.

This represented a substantial increase from previous years and underscored our event’s commitment to supporting and fostering the next generation of web3 games. In addition to YGG, we also partnered with Arbitrum, Magic Eden, Immutable, Avalanche, and Skale to make this year’s event even bigger and better than previous years.

Jury and Voting

This year’s jury featured over 70 prominent traditional and blockchain gaming figures, with many returning jurors from previous ceremonies. The diverse panel included representatives from powerhouses such as Amazon, Google, Samsung, Ubisoft, Animoca Brands, Immutable, Arbitrum, Blockchain Game Alliance (BGA), Base, Ronin, and Avalanche, as well as content creators and major media outlets such as VentureBeat.

Much like previous years, the voting process saw the jury’s votes represent 90% of the final decision, with the community making up the remaining 10% for most categories except People’s Choice and Best Content Creator, which were both 100% community voting-based, and Games’ Choice, which is based on shortlisted game studios voting for their favorite title game.

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Community voting played a role in deciding the final decisions with over 1 Million votes from over 143k unique voters. Early October marked the GAM3 Awards 2024 announcement. Since then, hundreds of web3 games urged their communities to nominate and vote for them across different categories. Thousands of social posts were spread across partners, games, media outlets, content creators, and community members generating over 60 Million impressions.

Final Thoughts

The GAM3 Awards 2024 ceremony on November 22nd saw a peak viewership of 48k CCV, reaching over 450k views in the first 24 hours alone. Off The Grid by Gunzilla Games took home four awards, including the coveted “Game of the Year” award. This was followed closely by Parallel, who claimed an impressive three awards. Pixels and Pirate Nation took home two awards each!

With over 300+ in-person attendees, viewers got to witness gameplay premiers and exclusive premier trailers from Golden Tides, Unfettered, Elumia, Providence, Shrapnel, Raven Quest, Mighty Bear Games, Revenge, Trail Xtreme, Warped, and more! All of which are a testament to the bright future of web3 gaming as we head into 2025 with the event expected to return next November for its fourth consecutive edition.

The post The GAM3 Awards 2024 Winners Announced appeared first on News, Events, Advertising Options.

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Blockchain Press Releases

Request Finance acquires Pay.so Lithuania; launches revolutionary one-click crypto/fiat payment solution.

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The acquisition allows clients to compliantly make payments to third parties, pay bills, and pay employees with a one-click on/off ramp feature.

PARIS, Nov. 25, 2024 /PRNewswire/ — Request Finance, a leader in crypto and fiat financial operations, has announced its acquisition of Pay.so Lithuania, a regulated VASP. The acquisition enables Request Finance to provide a fully compliant, one-click on/off ramp payment solution that bridges crypto and fiat, streamlining global transactions for businesses of all sizes. Now, Request provides a multi-payee on/off ramp, consolidating its position as the one-stop shop for all finance operations of businesses of all sizes.

Pay.so Lithuania operates under one of the strongest and most reliable regulatory frameworks for companies providing services on digital assets. Pay.so has grown tenfold in just nine months, solidifying its position as a key partner for significant corporations adopting digital currencies. With one of the broadest currency coverages in the market, Pay.so has been providing Request Finance’s clients with fiat payouts in a wide range of currencies for several months now, including USD, EUR, GBP, AUD, CHF, SGD, NZD, THB, HKD, IDR, CAD, INR, AED, KRW, JPY, MYR, and PHP.

By acquiring its trusted long-term partner, Request Finance now powers the smoothest Fiat2Crypto onramps and Crypto2Fiat offramps for $100 to $100 million transactions.

This acquisition brings uniquely powerful on/off ramp for its clients, as simple as in one click. Clients can now make offramps and onramps to and from third parties. This applies to direct payments, multi-payee bill payments, and employee payments.

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Chris Butcher, CEO of Pay.So US, commented, “The acquisition of this regulated Lithuanian entity puts Request in a prime position to double down on fiat payments and extend its lead as the number one crypto accounting and payment solution.”

Cameron Butcher, CTO of Pay.so US, added, “Request has inherited a unique platform, processing millions of dollars of volume daily, on local payment rails worldwide, all while maintaining airtight compliance”.

Valentin Faye, Head of Legal & Compliance at Request Finance, added, “Acquiring a VASP and pursuing MiCA compliance is essential for building trust and long-term growth in our digital finance landscape. We ensure that our operations meet the highest security and transparency standards and that our clients transact confidently across borders in full compliance with regulations. This positions us to support the largest enterprises as they adopt digital currencies. Plus, offering our users the first in a long line of regulated services enables them to manage all their operations with and from our platform.”

Christophe Lassuyt, CEO of Request Finance, mentioned, “This is a game changer for Request Finance which now supports a broad range of hybrid businesses, from those who want to earn revenues in digital currencies without touching crypto, with no crypto on the balance sheet, to those who run compliant finances without a bank account“.

Check out what finance leaders say about Request Finance’s new feature:

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  1. Diego Casanova, Sr Finance Operations Analyst at Decentraland Foundation, mentioned: “We have been using Request Finance since 2022 to streamline our crypto payments. One of the most valuable features for us has been the batch payment option, which simplifies complex transactions. A few months ago, we were introduced to a new feature within the platform, allowing us to make seamless fiat payments using crypto through its off-ramp services. Since then, our experience has been outstanding, with consistent support from the Request Finance team, always attentive to our needs and inquiries.”
  2. Daniel Lustig, Head of Operations and BI at Ocean Protocol, added: “Since the Request team introduced crypto-to-fiat payments, our workflow has become incredibly streamlined. The new solution has enabled us to handle both crypto and fiat transactions seamlessly, allowing us to focus more on our core business without worrying about complex conversions and payment tracking. It’s been a game-changer for our team, providing a new level of transparency we’ve been looking for. Needless to say our auditors love it, too.”
  3. Krisztin Lipárdi, COO at Galaxis.xyz, highlights that “Request Finance has honestly changed the way how I at Galaxis handle payments. Earlier I had to use several platforms and I had to separate Crypto and Fiat payments. Seeing all the invoices at one place and the Crypto to Fiat feature has made my life so much easier. The multi-currency options are perfect for my clients across the globe. I really wouldn’t want to go back to anything else!”

About Request Finance:

Request Finance‘s mission is to enhance crypto adoption by compliant businesses. The all-in-one finance platform for crypto and fiat operations already offers Accounts Payable, Accounts Receivable, Accounting, and direct payments to 190+ countries.

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Blockchain Press Releases

Africa Exclusive: Bybit Promotes Crypto Education with P2P Security Webinar

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DUBAI, UAE, Nov. 22, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, sets out to raise awareness of P2P security and to equip users with the latest anti-fraud knowledge and tools in a new learn and earn event exclusively for users in Africa. Hosting a P2P security Webinar on Nov. 25, Bybit P2P will also be announcing a prize pool valued at 10,000 USDT for a new Africa-exclusive deposit event.

P2P Security Webinar
On Nov. 25, the live webinar on P2P security will be broadcast in the Bybit Africa Telegram group from 7 to 9PM UTC. Attendees may benefit from a comprehensive session on tips and the latest know-how on asset safety and counterparty risks. The free webinar will cover the following topics:

  1. Fraud detection: users will learn about signs of common scams and steps to verify payment authenticity.
  2. Staying safe with Bybit P2P: users get to discover Bybit’s security tools and the latest features to combat fraudulent attempts.
  3. Trading with confidence: users will gain practical advice and practical tips on how to trade safely.

The floor will be open for a live Q&A session after the sharing by Bybit P2P experts. Ahead of the webinar, attendees are invited to submit questions and the lucky ones will win 10 USDT if their questions are chosen by the speakers.

10,000 USDT Rewards for First-Time Deposits
From Nov. 25 to Dec. 15, 2024, new users who successfully sign up for a Bybit account and complete Identity Verification Level 1 may be eligible to share in a 10,000 USDT prize pool reserved for eligible users in Africa only. Users must  sign up for the event and make a deposit via Bybit P2P to qualify and win up to 10 USDT, terms and conditions apply.

“Financial fraud is an age-old challenge and users must stay vigilant as scammers and fraudsters evolve. Bybit is constantly investing in our hardware and software to build the necessary guardrails for our platform. It does not take away the importance of user education, however, and we hope through engagements of this kind, we can help elevate the community on a path of growth,” said Joan Han, Sales and Marketing Director at Bybit.

P2P is an organic part of the crypto economy and helps to promote inclusivity in emerging economies. With Bybit P2P, users of all levels may access the user-friendly peer-to-peer trading platform to trade between themselves at an optimal, agreed-upon price. The service minimizes the need for the middleman, improving cost effectiveness while providing exchange-backed platform security.

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Find out more about the event and eligibility at Bybit P2P.

#Bybit / #TheCryptoArk

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.

For more details about Bybit, please visit Bybit Press
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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