Blockchain Press Releases
Bitget’s Blockchain4Youth U30 Hackathon Unveils Winners: Nurturing Young AI and Blockchain Innovators
VICTORIA, Seychelles, Oct. 16, 2023 /PRNewswire/ — Bitget, a leading cryptocurrency derivatives and copy trading platform, proudly announces the victorious teams of its Under 30 Virtual Hackathon, a dynamic initiative within the Blockchain4Youth CSR program. The competition, which unfolded from August 12 to September 24, 2023, witnessed outstanding innovation in the realms of AI and blockchain.
With a robust collaboration between Bitget and industry leaders, including Bitget Wallet, Foresight Ventures and HackerEarth, the U30 Hackathon offered a total prize pool of $40,000, attracting over 1,000 teams of young talents who showcased remarkable creativity and technological acumen. The judging panel for this event consisted of Bitget’s internal blockchain experts, ensuring that the winning submissions demonstrated not only innovation but also the viability and impact required for real-world applications.
The competition involved three captivating themes:
- Trustless Infrastructure for AI: Contestants demonstrated their innovative skills by creating a trustless infrastructure for AI, ensuring secure and private AI applications using zero-knowledge proofs (zkp) and zk-SNARKs. Their solutions also empowered developers with zero-knowledge proofs and zero-knowledge proofs empowered AI DApps and zkml (zero-knowledge machine learning), enabling secure and private machine learning applications using blockchain technology.
- AIGC and Web3 Gaming: The gaming industry is one of the fastest-growing sectors worldwide, but it faces challenges in scalability, security, and transparency. Participants developed solutions that leveraged AIGC and blockchain technology to revolutionize Web 3 gaming, enhancing immersion and trust for players.
- AI Marketplace: With AI and ML gaining popularity, ensuring secure and private AI applications is crucial. Participants in this challenge created an AI marketplace that ensured the secure and transparent exchange of AI algorithms and data with the help of blockchain technology.
Winners emerged in distinct categories below, each receiving $10,000 in recognition of their exceptional work:
- Impact to Blockchain Community: Lilium, for their innovative carbon offset program that employs blockchain to verify carbon credits.
- Most Creative Solution: Grease Pencil, creators of an AI-infused storyboard builder.
- Most Viable Solution: Explore the World, developers of an NFT-based game where businesses offer coupons on NFTs for collecting and using.
- Best Design: Derma 360, for their AI-powered skin problem diagnosing pen.
Gracy Chen, Managing Director of Bitget, expressed her delight at the results, saying, “This Hackathon exemplifies the creativity and potential of our future leaders and is deeply aligned with Bitget’s overarching Blockchain4Youth initiative, which seeks to inspire blockchain and cryptocurrency adoption among young individuals. The ideas and innovations presented here will undoubtedly shape the future of the crypto and blockchain industries.”
About Bitget
Established in 2018, Bitget is the world’s leading cryptocurrency exchange and web3 company. Serving over 20 million users in 100+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, swap, NFT Marketplace, DApp browser, and more. 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 | Bitget Wallet
View original content:https://www.prnewswire.co.uk/news-releases/bitgets-blockchain4youth-u30-hackathon-unveils-winners-nurturing-young-ai-and-blockchain-innovators-301957203.html
Blockchain Press Releases
Bosera HashKey Bitcoin and Ether Spot ETFs Officially Launch on HKEX with Two-Way Investment Flexibility
HONG KONG, April 30, 2024 /PRNewswire/ — The Exchange Traded Funds, Bosera HashKey Bitcoin ETF and Bosera HashKey Ether ETF (the “ETFs”) have officially launched on the Hong Kong Stock Exchange today. In respect of the ETFs, Bosera Asset Management (International) Co., Limited and HashKey Capital Limited are the Investment Manager and Sub-Investment Manager respectively. The ETFs are part of the first batch of Bitcoin and Ether spot ETFs to launch in a major financial hub in Asia and they are now listed under the tickers BTC: 3008.HK (HKD); 9008.HK (USD) and ETH: 3009.HK (HKD); 9009.HK (USD) respectively.
One of the key features of these ETFs is that they introduce an ‘in-kind’ subscription mechanism, which allows investors to directly subscribe for ETF shares using Bitcoin and Ethereum. Investors can purchase the ETFs with Bitcoin or Ethereum and subsequently sell them for cash, or vice versa, enabling seamless two-way investment flexibility.
Additionally, the Bosera HashKey Bitcoin ETF and Bosera HashKey Ether ETF track the CME CF Bitcoin Reference Rate – Asia Pacific Variant and the CME CF Ether-Dollar Reference Rate – Asia Pacific Variant respectively.
“The launch of the Bosera HashKey Bitcoin ETF and Bosera HashKey Ether ETF marks a significant leap forward in democratizing access to cryptocurrencies,” said Deng Chao, CEO of HashKey Capital. “These innovative ETFs not only provide a convenient entry point for investors but also underscore our commitment to driving innovation in the virtual asset ecosystem.”
Importantly, non-Hong Kong nationals can also subscribe for or purchase units in the ETFs if they meet local regulatory requirements, such as passing customer due diligence.
The Bosera HashKey Bitcoin ETF and Bosera HashKey Ether ETF are now available for trading on the Hong Kong Stock Exchange.
Note: The tickers BTC: 3008.HK (HKD); 9008.HK (USD) and ETH: 3009.HK (HKD); 9009.HK (USD)are now officially listed on the Hong Kong Stock Exchange (HKEX).
About HashKey Capital
Global in influence and crypto-native, HashKey Capital is a digital asset and blockchain leader helping institutions, founders and talents advance the blockchain industries.
As one of the largest crypto funds and the earliest institutional investor in Ethereum, HashKey Capital has managed over US$1 billion in client assets since its inception, with over 500 investments in infrastructure, tools, and applications.
With our deep knowledge across the blockchain ecosystem, HashKey Capital has built a robust network connecting founders, investors, developers, and regulators.
For media enquiries, please contact [email protected] ; [email protected]
Logo – https://mma.prnewswire.com/media/2400243/CAPITAL_Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/bosera-hashkey-bitcoin-and-ether-spot-etfs-officially-launch-on-hkex-with-two-way-investment-flexibility-302130349.html
A lawmaker in Russia has stated that there are no plans for a total ban on cryptocurrencies in the country. This statement provides clarity on the regulatory stance of the Russian government regarding cryptocurrencies and addresses concerns about potential prohibitive measures.
The clarification from the lawmaker indicates that while Russia may be considering regulations to govern the use and trading of cryptocurrencies, there are no intentions to outright ban their existence or usage. This stance suggests a more nuanced approach to cryptocurrency regulation, aiming to balance innovation and development in the digital asset space with regulatory oversight and consumer protection.
The statement may help alleviate uncertainty and fears within the cryptocurrency community in Russia, as well as among international investors and stakeholders. Clear regulatory guidelines and a willingness to engage with the crypto industry can foster a more conducive environment for innovation, investment, and economic growth.
The lawmaker’s assertion that there are no plans for a total crypto ban in Russia provides reassurance to market participants and signals a potentially more constructive approach to cryptocurrency regulation in the country. It remains to be seen how regulatory frameworks will evolve in Russia, but this statement suggests a willingness to engage in dialogue and develop regulations that support the growth of the crypto industry while addressing regulatory concerns.
Source: crypto.news
The post No plans for total crypto ban in Russia, lawmaker says appeared first on HIPTHER Alerts.
Blockchain
A New Cyberpunk-Inspired Meme Coin on the Solana Blockchain Set to Revolutionize the Crypto World
A new cyberpunk-inspired meme coin on the Solana blockchain is poised to revolutionize the crypto world. This announcement highlights the emergence of innovative projects and tokens in the cryptocurrency space, leveraging the unique features and capabilities of blockchain technology.
The new meme coin, inspired by the cyberpunk genre, represents a novel approach to engaging with the crypto community and capturing the imagination of enthusiasts and investors. By tapping into the cultural aesthetics and themes of cyberpunk, the project aims to differentiate itself in a crowded market and attract attention from a diverse audience.
Built on the Solana blockchain, the meme coin benefits from the platform’s high throughput, low transaction fees, and scalability, offering users a fast and efficient experience for transacting and interacting with the token. This choice of blockchain infrastructure reflects a strategic decision to leverage cutting-edge technology and capitalize on the growing popularity of Solana within the cryptocurrency ecosystem.
The press release suggests that the new meme coin has the potential to disrupt the crypto world and redefine the meme coin landscape. By combining elements of cyberpunk culture with blockchain technology, the project aims to create a unique and engaging experience for users while delivering value and utility to holders of the token.
The announcement of a cyberpunk-inspired meme coin on the Solana blockchain underscores the dynamic and innovative nature of the cryptocurrency industry. As blockchain technology continues to evolve and mature, we can expect to see more creative projects and tokens emerge, pushing the boundaries of what is possible in the crypto world.
Source: tech.einnews.com
The post A New Cyberpunk-Inspired Meme Coin on the Solana Blockchain Set to Revolutionize the Crypto World appeared first on HIPTHER Alerts.
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