Blockchain Press Releases
Bitget Wallet Welcomes Alvin Kan, Former Senior Executive at BNB Chain, as New COO
VICTORIA, Seychelles, Feb. 5, 2024 /PRNewswire/ — Bitget Wallet, a global leading Web3 trading wallet, has officially announced the appointment of Alvin Kan as its Chief Operating Officer (COO) to lead the company’s global growth strategy and coordinate brand development, operations, and growth initiatives.
Alvin Kan brings a wealth of expertise with over 15 years of professional experience, having held prominent roles at BNB Chain and Sei Labs. Notably, he spearheaded ecosystem growth at BNB Chain and served as the Head of Asia for Sei Labs. Before this, Alvin spent almost a decade at LinkedIn, where he led the Asia-Pacific data team and played a crucial role in the company’s strategic development across Asia. With a strong background in market growth and data analysis in the Web2 domain, coupled with his insightful understanding of building Web3 ecosystems, Alvin is well-equipped to introduce innovative ideas and steer global growth strategies at Bitget Wallet. His leadership will be instrumental in shaping the company’s direction and planning for the upcoming year, elevating the brand’s global presence.
In outlining the company’s 2024 development plan, Alvin emphasizes a strategic focus on acquiring new users, expanding the roster of supported assets, and exploring novel opportunities.
1. Global Expansion and Growth
In 2024, Alvin is charting a course for global expansion, outlining a comprehensive globalization strategy that involves deploying localized teams in strategic regions worldwide. This initiative aims to establish operational capabilities tailored to specific regions, facilitating accelerated growth and market penetration on a global scale and catering to the diverse needs of a global userbase. Initial endeavors in Turkey, Vietnam, and Pakistan have demonstrated promising outcomes, laying the groundwork for broader success.
Amidst a bullish market outlook, the cryptocurrency sector is poised to attract a diverse influx of new users and key opinion leaders (KOLs) spanning various industries. Alvin’s unwavering commitment involves fostering a symbiotic relationship between product development and market operations within the company. This approach ensures a seamless integration for new users, hailing from diverse backgrounds, into the dynamic realm of Web3. Moreover, strategic collaborations with well-established Web2 brands are on the horizon to amplify synergy and elevate Bitget Wallet’s global brand recognition.
2. Capturing New Narratives and Assets
As the COO of Bitget Wallet, Alvin will be spearheading the establishment of a more adaptive team structure, geared towards swift responses to market dynamics and keen recognition of emerging narratives and assets. This initiative aims to facilitate the rapid implementation of technology and product strategies. “New assets will always be at the core of wealth generation within this industry,” Alvin says. “Our goal is to be the first to uncover the next big opportunity for our users.”
Equipped with core features like Swap, smart quotes, Launchpad for new offerings, and inscription tools, Bitget Wallet is strategically crafted to empower users in capitalizing on valuable assets early, thereby maximizing returns. Alvin underscores a dual-strategy approach, advocating for the robust execution of long-term initiatives alongside flexible engagement with short-term trends. This balanced strategy ensures a nimble response to market shifts while concurrently focusing on meticulous infrastructure development. The overarching aim here is to fortify Bitget Wallet’s product suite and establish a robust infrastructure to fully harness the benefits of sustained growth.
3. Exploring New Opportunities in Wallets
Web3 wallets as an industy have witnessed significant growth from basic functionalities such as address creation, fund transfers, and receipts to more advanced features such as the integration of multi-chain DEXs, NFT marketplaces, and diverse protocols. This evolution has broadened the scope and redefined what it means to serve a Web3 wallet in today’s context, elevating them to comprehensive Web3 gateways that encompass asset management, Swap transactions, inscriptions, NFT minting, and interactions across entire blockchain ecosystems. Notably, innovations like MPC and AA wallets have contributed to enhancing user experiences, introducing greater convenience. Throughout this transformative journey, Bitget Wallet has consistently positioned itself at the forefront, actively exploring and anticipating future trends in the realm of Web3 wallets.
Under Alvin’s leadership, Bitget Wallet is actively working towards establishing systematic capabilities, consistently expanding core product features, and fostering innovation based on emerging narratives. The goal is to carve out a distinctive competitive edge for Bitget Wallet in the dynamic market. Alvin places a strong emphasis on simplifying the product experience, aiming for Bitget Wallet to serve as a seamless Web3 bridge.
“In our recent App version, the team has thoroughly reconsidered and redesigned the UI, with a dedicated focus on enhancing user-friendliness and ease of experience,” Alvin highlights.
“Bitget Wallet has always been on what we believe is the right path to chart the future of Web3 Wallets,” he concludes. “Continuous progress is key in ensuring that we continually place ourselves and our users at the forefront of Web3 innovation.”
About Bitget Wallet (Web3 Trading Wallet)
Bitget Wallet stands as Asia’s largest and global frontrunner among all-in-one Web3 multi-chain wallets. We offer a comprehensive range of on-chain products and DeFi services to our users, including wallet functionality, Swap feature, NFT trading, DApp browsing, and more.
With a 5-year legacy, Bitget Wallet has garnered acclaim from over 15 million users worldwide and has secured partnerships with prominent industry leaders including Bitcoin, Ethereum, TRON, BNB Chain, Solana, Base, and others. This success stems from our commitment to consistently delivering secure and convenient products and services.
For more information, visit: Website | Twitter | Telegram | Discord
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Blockchain Press Releases
Compass Mining Scales Texas Operations with 25 MW Bitcoin Mining Facility, Plans Further Expansion
Energizes Over 50 MW in 2024 Across Six States, with 35 MW Coming Online by January 2025
WILMINGTON, Del., Dec. 20, 2024 /PRNewswire/ — Compass Mining (“Compass” or the “Company”), a leading provider of Bitcoin mining hardware, hosting, and operational solutions, proudly announces the addition of a new 25 megawatts (MW) Bitcoin mining facility in Texas to its growing network of North American operations. The facility is already fully built out and will be operational with an initial 5 MW of capacity by year’s end, scaling to 25 MW in early January 2025. Compass also plans to expand the facility’s capacity to 60 MW by Q3 2025.
The new Texas facility will house a mix of relocated machines from Compass’s existing sites, as well as newly deployed units, ensuring continuity for current customers while offering new clients a seamless and turnkey Bitcoin mining experience. By January 2025, new customers purchasing machines through Compass’s platform will have the option to deploy them at the “Texas 6″ site.
“Our new Texas facility represents another milestone in our mission to make bitcoin mining more accessible for everyone,” said Paul Gosker, CEO of Compass Mining. “We bring a wealth of experience from successfully operating at multiple locations across Texas, navigating the unique grid dynamics and leveraging local resources. For this site, we will provide our support and expertise, including assisting our site partner in hiring expert technicians who meet Compass’s high standards. This ensures high uptime and reliability, delivering the quality our customers expect.”
Compass’s strategy combines vertical integration through proprietary facilities, such as the new Iowa 4 site, with partnerships at third-party facilities renowned for high uptime and reliability. This dual approach allows the company to maintain operational flexibility while delivering reliable hosting solutions. The company has energized a total of approximately 50 MW of power capacity across mining facilities in Indiana, Iowa, Ohio, Kentucky, Nebraska, and Texas in 2024, with plans to add another 35 MW by January 2025.
About Compass Mining
Compass Mining is a customer-first company that provides a platform for individuals and businesses to purchase Bitcoin mining hardware, host machines, build and manage mining facilities, and access a range of ancillary services. With a commitment to exceptional customer support and transparency, Compass Mining sets the benchmark for bitcoin mining hosting. Its mission is to make Bitcoin mining accessible to everyone. To learn more about Compass Mining or to start mining today, visit compassmining.io.
Media Contact
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DUBAI, UAE, Dec. 20, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, will be extending the festive fun with lavish virtual gifts for Bybit Card holders. From Dec. 20, 2024 to Jan. 31, 2025, with every swipe of their Bybit Card, users may get a chance to unwrap mystery gift boxes, including 1,000 in USDT and other exciting airdrops from DOGE to BTC—all rewards, no catches.
For each 100 USDT spent in eligible purchases with the Bybit Card, users will receive a lucky draw ticket to redeem a gift box on Bybit. Each gift box promises a crypto reward—from Christmas baubles in DOGE, SOL, ETH, XRP and BTC airdrops, all the way up to the grand prize of 1,000 in USDT. Registration is required and the special Holiday Giveaway ends at the end of Jan. 2025.
For users looking for a convenient way to utilize their crypto assets for daily spendings and debit payments, it is not too late to apply for the Bybit Card. The application and verification process takes minutes, and a virtual card will be issued as soon as the card is approved, enabling seamless digital payment on Apple and Android devices in applicable regions.
“The Bybit Card takes the hassle out of crypto off-ramp for regular users and weaves rewards and benefits into daily spendings. On top of regular cashbacks, we are introducing extra perks as our token of thanks to wrap up an eventful year in crypto,” said Joan Han, Sales and Marketing Director at Bybit.
The Bybit Card made expansive global footprints 2024 as crypto adoption continues to rise in the past year. Trusted and frictionless crypto payment solutions are in demand in various parts of the world, and Bybit is one of the natural habitats of crypto native consumers. Spanning from Buenos Aires to Amsterdam, the Bybit Card community is growing and so are the perks:
- Up to 10% cashback in USDT, BTC and ETH on eligible purchases
- Zero fees for instant virtual card issuance
- Zero annual or hidden fees
- Up to 8% APY
Enjoy this festive season in all its splendor. Eligible Bybit Card holders from all regions are welcome; terms and conditions apply: Bybit Card Holiday Giveaway: Swipe, Spend & Sparkle!
#Bybit / #TheCryptoArk #theBybitCard
About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.
For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: [email protected]
For updates, please follow: Bybit’s Communities and Social Media
Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube
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Blockchain Press Releases
Bybit P2P Unlocks 20,000 USDT Prize Pools for Select Users in South Asia and Africa
DUBAI, UAE, Dec. 20, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, will be concluding 2024 with lucky spins all around for eligible users on Bybit P2P. With a chance at two grand bonus pools of 10,000 USDT each, select users in parts of South Asia and Africa stand to make the most of their P2P trades at Bybit.
From now to Dec. 31, 2024, eligible users may create their own P2P trading bonus at Bybit and unlock 100% chance of winning:
- South Asia: Eligible users in South Asia may sign up for the Grand Spin Extravaganza
- Africa: Eligible users may register to enter the P2P Prize Spinner
Successful participants may complete one or more referral, deposit, or trading tasks to earn up to 10 Lucky Draw Tickets. Tasks start at beginner level including a first-time deposit of 10 USDT. With a Ticket, users get to spin the wheel of fortune for a guaranteed airdrop from the 10,000 USDT Prize Pool.
As communities in the Global South start to build and diversify their wealth, millions are in dire need of modernized and inclusive financial infrastructures. The digital asset class offers an alternative for grassroot investors in emerging markets, demonstrating transformative power to shape the future of growth.
Bybit’s peer-to-peer trading platform provides user-friendly and trusted tools for P2P merchants and buyers. Users can compare and execute trades at an optimal price agreed upon by both parties, carried out on Bybit’s ultra smooth trading platform at zero fees. Supporting over 60 fiat currencies and over 300 payment methods, Bybit P2P contributes to democratizing access to the digital economy.
Users who have completed Bybit Identity Verification Level 1 may log in to confirm their eligibility. Terms and conditions apply.
#Bybit / #TheCryptoArk
About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.
For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: [email protected]
For updates, please follow: Bybit’s Communities and Social Media
Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube
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View original content:https://www.prnewswire.co.uk/news-releases/bybit-p2p-unlocks-20-000-usdt-prize-pools-for-select-users-in-south-asia-and-africa-302337255.html
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