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Blockchain Press Releases

Coins.ph is the First Philippine Exchange to Support BRC-20

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MANILA, Philippines, Dec. 27, 2023 /PRNewswire/ — Coins.ph, the country’s leading cryptocurrency platform, is the first Philippine exchange to bring BRC-20 token services to the local market, marking a significant milestone in the country’s digital asset landscape.

What is BRC-20? 

BRC-20 is a technical standard for the minting and management of fungible tokens, including $ORDI, $VMPX, and $PEPE, on the Bitcoin blockchain. Fungible tokens are interchangeable and have equal value, making them ideal for representing assets such as cryptocurrencies, tokens, and even real-world assets like stocks or commodities.

BRC-20 differs from smart contract-dependent standards by utilizing ordinal inscriptions, which are data structures used to represent and manage tokens on the Bitcoin blockchain. This innovation enables seamless token creation and transfer without the need for complex smart contracts, thus enhancing efficiency and reducing cost.

A Milestone for the Country’s Digital Asset Landscape

Coins.ph is the first Philippine exchange to offer BRC-20 inscription services, a move that aligns with the company’s vision to provide Filipinos with greater access to digital asset services.

“This move signifies that Coins.ph is committed to being at the forefront of digital asset innovation,” said Wei Zhou, Coins.ph CEO. “BRC-20 has seen significant growth in activity since it launched earlier this year. We want to allow our users to participate in these opportunities whether it be through tokens like $ORDI which we recently listed, or other product offerings enabled by BRC-20,” he added.

In addition to listing $ORDI, a prominent BRC-20 token, Coins.ph is looking at expanding the range of BRC-20 tokens available on its platform as these have significant traction in the market due to their unique features and innovative use cases.

There are also plans to further bolster its BRC-20 offerings as Coins.ph aims to solidify its position as the leading provider of BRC-20 services in the Philippines, and empower its users with access to a suite of tokenized assets and innovative financial tools.

The introduction of BRC-20 inscription services represents a notable advancement in extending Bitcoin’s capabilities beyond its initial purpose as a digital currency. Coins.ph plans to pave the way for novel opportunities in digital asset ownership and management through the launch of BRC-20 services and the goal to expand on additional inscription services in the near future.

About Coins.ph

Coins.ph is on a mission to power the new internet with easy access to digital assets and web3 products. Launched in 2014, Coins.ph is the most established crypto brand in the Philippines and has gained the trust of more than 18 million users. Through the easy-to-use mobile app, users can buy and sell a variety of different cryptocurrencies and access a wide range of financial services.

Coins.ph is fully regulated by the Bangko Sentral ng Pilipinas (BSP) and is the first ever crypto-based company in Asia to hold both Virtual Currency and Electronic Money Issuer licenses from a central bank.

Photo – https://mma.prnewswire.com/media/2306806/image_5025879_22355181.jpg

 

Cision View original content:https://www.prnewswire.co.uk/news-releases/coinsph-is-the-first-philippine-exchange-to-support-brc-20-302022784.html

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Blockchain Press Releases

Bybit Launches Global P2P Ranger Recruitment with Opportunities to Earn Up to 1,000 USDT Monthly

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DUBAI, UAE, May 23, 2024 /PRNewswire/ — Bybit, one of the world’s top three crypto exchanges by volume, has launched its new and improved Peer-to-Peer (P2P) Trading program: P2P Ranger. This will engage crypto enthusiasts from diverse regions, offering them multiple ways to earn significant rewards by supporting Bybit’s P2P community.

The P2P Ranger Program offers crypto enthusiasts the opportunity to earn up to 1000 USDT every month. Ideal candidates are enthusiastic about cryptocurrency, passionate about P2P trading, and available for at least 25 hours a week, including weekends. Candidates should be fluent in English with proficiency in additional languages an advantage.

Interested candidates can apply by filling out the Google Form at Application Form. Applicants must provide information and answer a few questions to showcase their passion for crypto and P2P trading.

As a P2P Ranger, active participation and community support will be recognized and rewarded. The more points collected each month, the higher the rank and rewards.

Bybit’s dedicated team will review all applications and contact eligible candidates. This program is an excellent opportunity to become an integral part of Bybit’s global family and contribute to making P2P trading more enjoyable and rewarding for everyone.

#Bybit / #TheCryptoArk

About Bybit

Bybit is one of the world’s top three cryptocurrency exchanges by trading volume with 30 million users established in 2018. It offers 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

Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube

Bybit Logo

Photo – https://mma.prnewswire.com/media/2420392/Image.jpg 
Logo – https://mma.prnewswire.com/media/2267288/4722860/Logo.jpg

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Blockchain Press Releases

Bybit Boosts Security on its Peer-to-Peer Market with Verified Advertisers

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DUBAI, UAE, May 23, 2024 /PRNewswire/ — Bybit, one of the world’s top three crypto exchanges by volume, has announced new exclusive benefits for Verified Advertisers on its Peer-to-Peer (P2P) trading platform. These enhanced privileges will bolster the trading experience, providing advantages for users trading in the platform’s trusted P2P marketplace.

Key Features and Benefits for Verified P2P Advertisers:

  • Increased Visibility and Trading Limits: Verified Advertisers can enjoy higher trading limits, with the ability to post significantly larger amounts of USDT, BTC, and ETH in their advertisements. This enables higher transactions, catering to a broader range of trading needs and strategies.
  • Enhanced Trust and Security: Advertisements from Verified Advertisers will feature a special logo, boosting their visibility and distinguishing them from other traders. This mark of verification enhances trust among platform users.
  • Priority Support and Special Promotions: Verified Advertisers gain access to dedicated customer support, which is especially useful in resolving transactions swiftly. Also, they will receive exclusive access to specific promotions, adding value and excitement to their business.

“Our P2P trading platform is designed to empower our users with seamless trading experiences, and the introduction of exclusive benefits for our Verified Advertisers is a way of further enhancing the trust and transparency we are known for,” said Joan Han, Sales and Marketing Director of Bybit. “These enhancements will help P2P traders grow their business and ensure buyers get the best deals possible.”

Traders aspiring to become Verified Advertisers must meet specific criteria, including a minimum balance, a solid track record of transactions, and adherence to Bybit’s rigorous standards for security and compliance. Once qualified, traders can apply through an easy-to-navigate online process.

#Bybit / #TheCryptoArk

About Bybit

Bybit is one of the world’s top three crypto exchanges by trading volume with 30 million users. Established in 2018, it offers 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

Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube

Bybit Logo

Photo – https://mma.prnewswire.com/media/2420395/image.jpg
Logo – https://mma.prnewswire.com/media/2267288/Logo.jpg

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Blockchain Press Releases

Dynasty Global’s D¥N to become BrickMark Group’s payment token

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Crypto Valley: Two pioneers open up the global real estate market

  • D¥N -issuer Dynasty acquires stake in tokenization service provider BrickMark
  • Settlement of the investment of CHF 10 million with Dynasty payment tokens
  • Tokenization of real estate worth CHF 1.5 billion planned through BrickMark

SÃO PAULO and ZUG, Switzerland, May 23, 2024 /PRNewswire/ — Tokenization pioneers Dynasty Global Investments AG (Dynasty) and BrickMark Group AG (BrickMark), based in Zug/Switzerland, today signed an agreement under which BrickMark will integrate the D¥N payment token issued by Dynasty into its tokenization platform for real estate. In return, Dynasty will acquire a strategic stake in BrickMark. The investment totaling CHF 10 million will be part of the Series A financing of BrickMark and settled mainly with Dynasty’s payment token and cash. The financing is expected to close by the end of June 2024.

This transaction represents a significant step for both companies as part of their growth strategy on the global property markets. The real estate-focused payment token D¥N issued by Dynasty is going to take on a leading role for tokenized real estate transactions in the future. From now on, real estate tokenized through the BrickMark platform can be traded with D¥N without any further effort.

BrickMark is set to tokenize real estate assets worth over CHF 1.5 billion on its platform in the coming months, with CHF 400 million of these assets already sourced from Dynasty’s network. Through its tokenization platform BrickGate, BrickMark is already active in Switzerland, Germany, Austria, Luxembourg, Hong Kong, the United Arab Emirates, and across the African continent. The collaboration with Dynasty will significantly extend BrickMark’s reach to the American continent. Dynasty Token holders will have preferred access to any Real Estate Token offering of BrickMark’s platform in the future.

Eduardo Carvalho, CEO and co-founder of Dynasty Global AG, expects the company’s token to establish itself worldwide as a Tether for the property market. “Every cryptocurrency goes through various validation processes. In the case of Bitcoin, this first happened in 2010 when it was accepted for the purchase of two pizzas. For D¥N, the integration into the BrickMark platform is a strategic step that further emphasizes its value.”

For Stephan Rind, CEO and founder of BrickMark Group AG, the integration of D¥N and the participation of Dynasty Global AG marks another significant milestone in the company’s growth strategy. “Thanks to D¥N, we are now in a position to offer a uniform and cost-effective solution for a wide range of real estate transactions worldwide on the basis of a universal and recognized crypto currency, which gives private and institutional investors access to markets that were previously only open to a few.”

D¥N has successfully completed the authorization process in Switzerland and is qualified as a payment token by the Swiss Financial Market Supervisory Authority. On May 1, 2024, in addition CVM, the Brazilian Financial Market Authority, authorized D¥N as a payment token for the Brazilian market with its 220 million consumer base. Dynasty Global AG is regulated by the Swiss financial market supervisory regime. With a maximum of 21 million tokens issuance, D¥N is currently listed in Brazil via Mercado Bitcoin and with other international exchanges.

About 

Dynasty Global AG 

Dynasty Global AG is the first cryptocurrency issuing company in the world to use a real estate portfolio as a reference for its payment tokens. Through D¥N, the issuer can simplify financial and real estate transactions globally and provide a decentralized experience, as well as greater stability, since it has a reference value of a real asset. With a strong presence in the European, Asian, and Brazilian markets, the company is headquartered in Zug in Crypto Valley, Switzerland. With maximum of 21 million tokens issuance, D¥N is listed on various global exchanges, and in Brazil, it is available on the Mercado Bitcoin exchange.

BrickMark Group AG 

BrickMark Group AG is a first-tier pioneer in the tokenization of real estate assets and a one-stop-solution provider to create, issue and manage digital assets and securities. Since its inception in 2018, the company has been a leader in a variety of transactions, including for the world’s largest tokenization of a single commercial property on Bahnhofstrasse in Zurich. To date, the company has executed tokenization transactions with a total value of more than USD 160 million. BrickMark developed and operates the first fully scalable vertical tokenization infrastructure for real estate assets in Europe, BRICKGATE, to cater to the rapidly growing tokenization markets, whose volume is expected to grow from USD 310 billion in 2022 to USD 16 trillion in 2030. BrickMark Group is headquartered in the Canton of Zug, with a subsidiary in Luxemburg. 

Contact 

Brazil: Team MOTIM 

Paola Cruvinel[email protected]  
+11 98669-5183 
Raphael Bueno[email protected] 
+11 99723-7397 
Caroline Tondato[email protected] 
+11 98183-4482 

Switzerland & Europe  

Wolfgang Weber-Thedy, [email protected]  
+41 44 266 1586

Jessica Winkler, [email protected] 
Investor and Public Relations BrickMark Group AG
+49 176 1816 0008

Logo – https://mma.prnewswire.com/media/2419496/Dynasty_Global.jpg
Logo – https://mma.prnewswire.com/media/2419497/BrickMark_Group.jpg

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Cision View original content:https://www.prnewswire.co.uk/news-releases/dynasty-globals-dn-to-become-brickmark-groups-payment-token-302153293.html

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