Blockchain Press Releases
Bybit Web3 Surpasses 1 Million Wallet Users, Introduces Keyless Wallet for Unrivaled Security and Simplicity
DUBAI, UAE, Jan. 19, 2024 /PRNewswire/ — Bybit, the world’s third largest crypto exchange by volume, today announces the launch of its Keyless Wallet, a revolutionary self-custody solution redefining digital asset security and accessibility, as Bybit celebrates reaching 1 million users on our #BybitWeb3 wallet.
Built upon cutting-edge Multiparty Computation (MPC) technology, Keyless Wallet empowers users with ultimate control over their assets, eliminating the need for vulnerable private keys and third-party trust. Bybit Web3 is also planning for the next upgrade by introducing seed phrase wallet in February 2024, marking another stride in user-centric solutions.
“At Bybit, we believe Web3 holds immense potential, but complexity and security concerns remain significant barriers to entry,” says Ben Zhou, co-founder and CEO of Bybit. “Keyless Wallet is an important milestone of our Web3 vision to build a simpler, open, and equal ecosystem for everyone, where security isn’t sacrificed for convenience. Today, we are thrilled with the overwhelming support from the Web3 community as our Bybit Web3 wallet reaches 1 million users, marking a celebratory achievement in our journey towards a more inclusive digital landscape.”
Bybit’s Crypto Wallet Study Underlines the Importance of Both Security and Ease of Use
As highlighted in Bybit’s recent crypto wallet study, security and user-friendliness are key factors when choosing a digital asset wallet. Bybit’s Keyless Wallet addresses this critical need by combining cutting-edge security with an intuitive interface.
Powered by MPC technology, Keyless Wallet eliminates the need for users to memorize or store private keys, mitigating the risk of loss and compromise. Instead, private keys are distributed and processed in secure enclaves, significantly enhancing security without sacrificing convenience.
MPC Wallets: Fortress for Your Crypto Assets
- Keyless Convenience: Users can experience keyless convenience by leveraging MPC technology. The keys are stored in pieces in separate locations and provide top-notch security without the need for traditional mnemonics.
- Revolutionizing Security: Users can enjoy unparalleled asset protection via Bybit Keyless Wallet. The signature process of interacting with the Dapp will not show the complete private key, eliminating the risk of private key exposure and greatly improving the security of the private key and assets.
- Self-Custody Empowerment: Bybit Keyless Wallets empower the users with full ownership of assets and control over their private keys, pioneering advanced crypto asset protection.
Keyless Wallet Highlights:
CertiK-Audited Security: Bybit Keyless Wallet is undergoing a rigorous security audit by CertiK, renowned for their high-caliber blockchain security evaluations.
3FA Trading Protection: Triple-layer security with Bybit account, wallet password, and mobile device authentication grants an extra layer of protection for users’ valuable assets.
TEE Environment Signatures: Both client and server operate within secure Trusted Execution Environments (TEEs) for signing transactions, further bolstering security.
3FA Recovery System: A robust recovery system requiring users’ Bybit account, recovery password, and personal cloud storage ensures secure account retrieval.
In the era of digitization and self-management, Bybit Keyless Wallet opens a new gateway to seamless, secure, and self-controlled digital asset management.
#Bybit #BybitWeb3 #TheCryptoArk
About Bybit Web3
Bybit Web3 is redefining openness in the decentralized world, creating a simpler, open, and equal ecosystem for everyone. We are committed to welcoming builders, creators, and partners in the blockchain space, extending an invitation to both crypto enthusiasts and the curious, with a community of over 1-million wallet users, over 10 major ecosystem partners, and counting.
Bybit Web3 provides a comprehensive suite of Web3 products designed to make accessing, swapping, collecting and growing Web3 assets as open and simple as possible. Our wallets, marketplaces and platforms are all backed by the security and expertise that define Bybit as a top 3 global crypto exchange, trusted by 20 million users globally.
Join the revolution now and open the door to your Web3 future with Bybit.
About Bybit
Bybit is a top-three cryptocurrency exchange by volume with 20 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
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Blockchain Press Releases
HTX Hot Listings Week 6 May 2025: Top Gainer Up 521% as Bitcoin Breaks $100K Again
SINGAPORE, May 15, 2025 /PRNewswire/ — As Bitcoin surged back above $100,000, the crypto market saw a notable resurgence in trading activity and investor enthusiasm over the past week. On HTX, several trending tokens—spanning Solana Memecoins, Ethereum Memes, AI, and Restaking sectors—recorded sharp gains and significant trading volume from May 6 to May 12. Below are the recently standout tokens based on 7-day performance:
Solana Meme Sector
MOODENG (+521%)
Inspired by the viral pygmy hippopotamus “Moo Deng” in Thailand, this token combined community-driven buzz and the surging popularity of Solana Meme coins to become the week’s most impressive gainer, skyrocketing over fivefold.
For details, please read: What is MOODENG?
GOAT (+164%)
As the First meme coin created by truth_terminal, GOAT is inspired by a notorious internet meme and becomes a symbol of the AI’s capacity for randomness, disruption, and memetic influence. Positioned at the intersection of AI and meme culture, GOAT quickly captured market attention with over $200 million in trading volume just days after its launch.
For details, please read: What is GOAT?
PNUT (+147%)
PNUT pays tribute to Peanut the Squirrel, which was taken away by NYSDEC and euthanised. It blends political satire with meme culture, gaining further attention after Elon Musk reposted related content on X, driving strong community engagement.
For details, please read: What is PNUT?
GRIFFAIN (+78%)
Griffain is a blockchain-based AI platform designed to operate within the Solana ecosystem. The project focuses on creating a robust and scalable DeFi solution that supports seamless token swaps, liquidity provision, and ecosystem growth. It aims to empower users with efficient tools for trading and managing digital assets while maintaining transparency and decentralization as core principles.
For details, please read: What is GRIFFAIN?
Ethereum Meme Sector
NEIRO (+104%)
NEIRO is the Shiba Inu who has gained popularity on social media, similar to Kabosu (DOGE). As a retro-style Ethereum meme token, NEIRO taps into nostalgia with classic meme aesthetics and narrative playbooks. Its rapid rise last week signals renewed interest in vintage meme formats.
For details, please read: What is NEIRO?
PEPE (+80%)
PEPE leverages the cultural significance of the meme, positioning itself in the meme coin market alongside Dogecoin and Shiba Inu. It has no intrinsic utility beyond speculative trading, with its rapid rise fueled by social media, exchange listings, and the overall meme coin trend. The token’s resurgence affirms its solid community foundation and lasting appeal.
For details, please read: What is PEPE?
DEGEN (+161%)
Degen started as a meme token on the BASE chain for rewarding participants in the Farcaster Degen channel but gained quite some attention due to its performance in the secondary market.
For details, please read: What is DEGEN?
AI & Restaking Sectors
KAITO (+113%)
KAITO is the native token and the fundamental building block of the AI-powered InfoFi network. It helps shape the direction of the ecosystem by influencing how attention is allocated across the network.
For details, please read: What is KAITO?
ETHFI (+98%)
ETHFI is the token of Ether.fi, which is a non-custodial liquidity staking protocol that allows stakers to maintain control over their private keys, thereby ensuring the security and autonomy of their assets.
For details, please read: What is ETHFI?
*The above content is not an investment advice and does not constitute any offer or solicitation to offer or recommendation of any investment product.
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, 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.
To learn more about HTX, please visit HTX Square or https://www.htx.com/, and follow HTX on X, Telegram, and Discord.
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Blockchain Press Releases
Fintica AI and Mima Wallet Announce Strategic Partnership and Launch Joint Venture, Fintica Crypto Ltd
HONG KONG, May 15, 2025 /PRNewswire/ — Fintica AI Ltd, a pioneer in next-generation artificial intelligence technologies for capital markets, and Mima Wallet, a Hong Kong-based firm specializing in secure crypto wallet infrastructure with a strategic focus on Mainland China and the Greater China region, today announced a strategic partnership and the launch of their joint venture: Fintica Crypto Ltd.
This collaboration marks a pivotal milestone in both companies’ efforts to accelerate innovation across digital asset markets. Fintica Crypto Ltd will combine Fintica AI’s proprietary unsupervised AI platform with Mima Wallet’s cutting-edge security solutions to develop next-generation crypto trading products tailored to the evolving needs of the Greater China region.
The joint venture aims to serve as a launchpad for AI-driven trading and security solutions—bringing together Fintica AI’s advanced analytics and Mima Wallet’s quantum-resistant infrastructure to address growing demand for secure, intelligent, and accessible crypto investment tools.
Julien Gall, CEO of Mima Wallet, commented:
“We are excited to collaborate with Fintica AI and its world-class AI technology team. Fintica’s academic depth and R&D expertise in quantitative modeling, combined with Mima’s proven high-security infrastructure, creates a powerful foundation for delivering transformative innovation in digital asset protection and trading.”
He added: “At Mima Wallet, our mission is to maximize simplification and deliver an intuitive, user-friendly experience. With an ageing population and the next wave of crypto users expected to be 40 and above, accessibility is critical. Our AI-powered prompts will guide users through secure transactions, making crypto easy and intuitive for everyone.”
Thomas Zeeb, Chairman of Fintica AI Advisory board, stated:
“Our partnership with Mima Wallet is a strategic leap forward in realizing our vision to redefine financial markets through advanced AI. Together, we will explore the vast potential of Hong Kong and Greater China’s financial ecosystems and deliver impactful, AI-powered solutions for the crypto economy.”
About Fintica AI Ltd
Headquartered in Tel Aviv, Fintica AI delivers advanced AI-powered solutions for global capital markets. Its flagship platform, Spectrum MRI, provides predictive analytics and real-time risk management across equities, fixed income, commodities, and digital assets.
About Mima Wallet
Mima Wallet is a Hong Kong-based security infrastructure firm focused on the crypto market. Its core innovation, the “Double Face” neurometric and biometric authentication technology, is a certified quantum-resistant system that ensures privacy and universal device compatibility—enabling secure crypto access for all, regardless of device sophistication.
For more information:
Visit www.fintica-ai.com and www.mimawallet.com
Contact: [email protected] and [email protected]
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Blockchain Press Releases
HTX DeepThink: U.S. Inflation Falls, Liquidity Rises–How Long Can the Rally Last?
SINGAPORE, May 15, 2025 /PRNewswire/ — Since the start of May, macro tailwinds have gained momentum—U.S. inflation cooled, trade tensions began to ease, and the Fed has injected fresh liquidity. Bitcoin has surged back above $100,000, with ETH and SOL also posting strong gains. Yet beneath the surface of this rally, volatility risks remain. In this edition of HTX DeepThink, Chloe (@ChloeTalk1) from HTX Research unpacks the macro catalysts, institutional activity, and market structure to assess whether this rally can truly last.
Expectations for Rate Cuts Strengthened, Fed Liquidity Improves
The U.S. Consumer Price Index (CPI) data released on May 13, 2025, showed further cooling of inflation, reinforcing market expectations for Fed rate cuts later this year. Headline CPI rose 2.3% year-over-year (vs. 2.4% expected, 2.6% previous), marking the lowest level since March 2021; core CPI was 2.8% (in line with expectations, 3.0% previous). However, it is important to note that the Fed’s preferred inflation gauge, core PCE, stood at 2.3% in March, still above the 2% target.
Market support also stemmed from a phase of expanding macro liquidity. The Fed’s total assets rose slightly from $6.70 trillion on April 30 to $6.73 trillion in early May. FED Net Liquidity (balance sheet + TGA – RRP) increased from $4.89 trillion to $4.94 trillion over the same period, injecting about $50 billion of net liquidity. Meanwhile, the U.S. Treasury General Account (TGA) balance rose to $583 billion, while the Reverse Repo Facility (RRP) balance dropped to a record low of $78 billion. This improvement in liquidity was mainly driven by the Fed slowing the pace of QT (reducing Treasury redemptions to $5 billion), the post-tax season Treasury cash inflows, and money market funds reallocating capital out of the RRP.
A significant risk remains, however: should a debt ceiling agreement be reached in July or August, substantial Treasury issuance to replenish the TGA, coupled with an almost depleted RRP buffer, could lead to a tightening of system liquidity once again, potentially exerting downward pressure on risk assets.
Institutional Inflows Power Crypto Rally
Boosted by the improving macro backdrop, crypto market flows rebounded significantly. Bitcoin (BTC) futures open interest (OI) remained at elevated levels, with CME data showing about 660,000 BTC, representing 3.4% of circulating supply, highlighting strong institutional positioning. BTC OI on crypto-native exchanges also rose by 12%, with positions largely concentrated around the $100,000 level. Ethereum (ETH) and Solana (SOL) derivatives markets also saw a strong recovery, with ETH OI rising 15% since the first week of May and SOL rebounding 18% from late April lows. On-chain data showed ETH short-term holder (STH) profit addresses rising to approximately 90% and SOL to 88%, approaching historically high thresholds (>90% usually signals local top risk), raising concerns over near-term profit-taking pressures.
Data from Deribit showed that the near-term implied volatility of Bitcoin options decreased from 65% prior to the CPI release to 58%, reflecting expectations of short-term price stability and encouraging some institutions to sell options to capture premium yields. The ETH options market displayed a longer-dated bullish structure, with strong demand for $4,000–$5,000 call options expiring in December, suggesting institutional investors are positioning early for the next potential rally.
Macro Tailwinds Drive Bullish Bias, But Volatility Risks Linger
In summary, the combination of macro liquidity expansion, cooling CPI strengthening rate-cut expectations, sustained institutional allocation, and a rebound in derivatives market risk appetite has driven the strong May rally in BTC, ETH, and SOL.
However, in the short term, the high percentage of short-term holders in profit and the concentration of leveraged positions imply that any breakout or breakdown of key technical levels could trigger concentrated profit-taking and liquidation cascades, leading to heightened volatility. The overall market structure remains defined by a medium-term structural bull trend combined with a short-term consolidation phase.
*The above content is not an investment advice and does not constitute any offer or solicitation to offer or recommendation of any investment product.
About HTX DeepThink:
HTX DeepThink is a flagship market insights column created by HTX, dedicated to exploring global macro trends, key economic indicators, and major developments across the crypto industry. In a world where volatility is the norm, HTX DeepThink aims to help readers “Find Order in Chaos.”
About HTX Research
HTX Research is the dedicated research arm of HTX Group, responsible for conducting in-depth analyses, producing comprehensive reports, and delivering expert evaluations across a broad spectrum of topics, including cryptocurrency, blockchain technology, and emerging market trends.
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