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Blockchain Press Releases

Bitget Unveils Blockchain4Her Ambassador Program Joined By Three Female Leaders

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VICTORIA, Seychelles, March 8, 2024 /PRNewswire/ — Bitget, the leading cryptocurrency exchange and Web3 company, has announced the launch of the Blockchain4Her (B4H) Ambassador Program — a unique project under the Blockchain4Her Initiative, aimed at bolstering inclusiveness in the publicly secure funding opportunities for women. The new program will give aspiring women the chance to act as ambassadors and catalysts for change, encouraging more individuals to join.

Bitget is launching the B4H Ambassador Program based on its findings, which reveal a significant gender gap and limited opportunities for talented women to engage publicly and secure funding. The program seeks to bridge this gap by welcoming exceptional women leaders, who will serve as role models, builders, supporters, and mentors, empowering and elevating a new generation of female talent and leaders through their guidance, assistance, and expertise.

At present, the B4H Ambassador Program has already attracted three prominent female individuals, including Tess Hau, the founder of Tess Ventures, Yevheniia Broshevan, the Co-founder of Hacken, and Cecilia Hsueh, the CEO of the Layer 2 ecosystem project Morph.

The initiative will include a number of special projects and events that aim to create a supportive and inclusive environment by cultivating a network of empowered female leaders and innovators. Bitget’s B4H Ambassador Program will advance the role of women in the Web3 space through a multi-faceted approach, which will include four key initiatives:

Role modeling

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The program will spotlight the diverse journeys of its Ambassadors through inspirational stories. This strategy aims to humanize the path to success in various fields, making it more relatable and inspiring for women. It encourages more women to delve into Web3 opportunities and advance by connecting with pioneers in the industry.

Networking

Events and meetups will form the second avenue of empowerment, providing a vibrant platform for Ambassadors to showcase their expertise at regional and international gatherings, including conferences and speaking engagements. Regular events will amplify the visibility of key figures in the Web3 industry and expand their professional networks, thus opening more avenues for aspiring women to pursue professional development opportunities.

Involvement

Ambassadors are pivotal to the B4H Initiative, contributing their expertise, networks, and resources across projects and events. They will support women through consultancy sessions and mentorship programs, creating a supportive environment that nurtures female talent.

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Targeted support

Comprehensive support and training are key to advancing blockchain adoption, as Bitget is committed to the continuous development of its Ambassadors, providing them with essential training and support. This also includes opportunities for collaboration with leadership teams and industry professionals, ensuring that the Ambassadors are well-equipped to make significant contributions to the community and their personal growth.

“Women are the most underused resource of the global economy in practically every industry. We, on our part, are determined to promote their involvement in the blockchain space by opening up opportunities for them to join the industry and develop,” as Gracy Chen, the Managing Director of Bitget, commented on the launch of the B4H Ambassador Program.

The Ambassadors expressed their enthusiasm and high expectations for contributing to the Blockchain4Her initiative:

Tess Hau stated: “As a female VC and actively sought-out speaker in Web3 and gender equality, I find that Blockchain4Her’s mission aligns with Tess Ventures. It’s crucial to support women developers and leaders, ensuring that innovative and creative minds have the resources they need to succeed. As an Ambassador, I advocate for the transformative power of blockchain in promoting financial literacy and inclusion for women. I am excited about the opportunity to contribute to Blockchain4Her’s initiative and look forward to the positive change we can create together.”

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Yevheniia Broshevan expressed: “While we dream of Web3’s widespread adoption, it’s crucial to understand that achieving this goal is impossible without ensuring equal opportunities and openness for everyone in this space. I am honored to support initiatives that address these disparities, as I believe that projects of this nature propel us towards a world free from barriers and judgments.”

Cecilia Hsueh said: “The male-dominated blockchain industry is now witnessing an increasing number of female leaders. Their presence marks a step forward towards more acceptance and inclusivity. This change not only adds diversity to the sector but also makes the spread of complex blockchain technologies more accessible to the general public.”

Bitget has engaged in various CSR initiatives, notably launching Blockchain 4uth and Blockchain4Her, each backed by a $10 million commitment. The latter focuses on enhancing gender diversity and inclusivity within the blockchain industry.

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. 

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

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Blockchain Press Releases

Bybit x Block Scholes Derivatives Report: ETH Outperforms BTC

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DUBAI, UAE, Nov. 28, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, in collaboration with Blocks Scholes, released the latest weekly derivatives analytics report and uncovered signals indicating ETH’s rise above BTC in the past week.

Fueled by news of current U.S. SEC Chair Gary Gensler’s departure at the end of the Biden administration’s term, ETH performance has positively surprised investors. In particular, open interest in ETH perpetual has been on the rise. Several large-cap altcoins also benefited from Gensler’s announcement, anticipating less scrutiny upcoming January.

Key Insights:

ETH outperformed BTC in open interest: Perpetual swap data has seen a gradual decline in BTC open interest while ETH contracts increased. ETH has also been taking a bigger share of daily trading volumes in the past 6-month time frame despite an overall slower market this week. The optimism could be attributed to hopeful investors’ expectation of a more crypto-friendly SEC Chair after Gensler’s last day on Jan. 20, 2025.

BTC price in retreat: BTC price’s ebbing from the $100K mark has flattened the ATM volatility term structure, with short-tenor options dipping below 60%. This mirrors a pattern observed since the U.S. election. Lower realized volatility explains the drop, while open interest in calls and puts remains unchanged, demands for short-term options this week have stagnated.

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ETH options – bullish sentiment in moderation: ETH options show slightly more bullish sentiment than BTC options. Markets have recalibrated after the post-election high, but call options remain in the lead in both trading volumes and open interests.

Access the Full Report:

Read the full report in context here.

#Bybit / #TheCryptoArk /#BybitResearch

About Bybit

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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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Blockchain Press Releases

BGAMING AWARDED PERU SUPPLIER LICENCE

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GZIRA, Malta, Nov. 28, 2024 /PRNewswire/ — Popular iGaming content provider BGaming has secured a highly sought-after licence in Peru, marking a significant milestone in its expansion across LatAm.

BGaming’s technical system of gaming software and its engaging portfolio have been officially approved by the gambling regulator Mincetur, a national administrative authority which implements and oversees all aspects of online gaming and sports betting in Peru. By receiving the B2B certification, BGaming broadens its appeal with local licenced operators in the newly regulated market.

The licence also opens up more opportunities for BGaming to expand its business and strengthen its position in the wider LatAm region, where it has enjoyed significant attention in the last 12 months.

Marina Ostrovtsova, CEO at BGaming, said: “Securing the Peru licence marks a pivotal moment in BGaming’s global expansion. This certification not only strengthens our presence in Latin America but also underscores our commitment to bringing high-quality, immersive gaming experiences to new audiences.

“We are excited about the opportunities this will unlock, both in terms of growth and the reception of our slots in this new market.”

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BGaming is a fast-growing iGaming content provider converting gambling into gaming. Thanks to an expert team and a player-driven approach, the studio creates innovative and engaging products featured on reputable platforms and 1,000+ online casinos worldwide. BGaming is the world’s first to support cryptocurrencies and offer Provably Fair games. Today the brand’s portfolio includes 100+ products with HD graphics and a clear user interface for every device. The studio is also known for its brand exclusives created in partnerships with leading operators in the industry.

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Blockchain Press Releases

KryptoGO Leads the Way with Top-Tier Wallet Security Standards

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TAIPEI, Nov. 28, 2024 /PRNewswire/ — KryptoGO, a leader in Web3 financial infrastructure, has taken another groundbreaking step to ensure unparalleled user and enterprise safety by completing a rigorous security audit aligned with industry-leading methodologies. This milestone solidifies KryptoGO’s position alongside globally trusted platforms like 1Password, Metamask, and Trust Wallet, known for their exceptional security standards.

The audit, conducted with methodologies comparable to those used for 1Password—a benchmark in secure password management—focused on ensuring KryptoGO’s mobile applications, backend systems, and API endpoints meet the highest security standards. 1Password’s robust security features, such as end-to-end encryption, zero-knowledge architecture, and constant vulnerability testing, serve as the foundation for KryptoGO’s enhanced protection framework.

Demonstrating Excellence in Cybersecurity

KryptoGO has consistently showcased its expertise in security through achievements in prominent cybersecurity competitions and hackathons. Recognized for exceptional performance in events like 2024 BlazCTF, ETH Tokyo Hackathon, and ETH Taipei Hackathon, KryptoGO has solidified its reputation as a trusted innovator.

This audit marks another significant step forward, addressing potential vulnerabilities and reaffirming KryptoGO’s ability to safeguard user assets in an increasingly complex Web3 landscape. Notably, the findings resulted in a 50% reduction in vulnerabilities compared to prior assessments, demonstrating tangible progress in security hardening.

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Why Security in Web3 Wallets Matters

In the Web3 ecosystem, wallets act as critical gateways, holding sensitive keys that grant users exclusive control over their digital assets. A single security lapse can lead to catastrophic consequences, including the loss of assets and the erosion of user trust.

Recognizing this, KryptoGO employs a multi-layered approach to private key management, ensuring the highest levels of security and reliability for its users:

  • Device-Level Encryption: Private keys are encrypted with a Device Encryption Key and securely stored in the device’s protected environment (Keychain for iOS and Keystore for Android). Access to these keys is tightly controlled through biometric authentication, preventing unauthorized access.
  • Password Protection with Argon2: For users who opt for password backups, KryptoGO utilizes Argon2-HMAC-SHA256 with 310,000 iterations to derive an Account Unlock Key (AUK). This industry-standard process, aligned with NIST guidelines, offers robust resistance to brute-force attacks while ensuring compatibility across a broad range of devices.
  • Cloud Backup with Shamir’s Secret Sharing: To enhance convenience and accessibility, KryptoGO employs Shamir’s Secret Sharing Scheme (SSS) for password-free cloud backups. This approach splits private keys into multiple fragments (Key Shares) stored across diverse platforms like iCloud and Google Drive. Restoration is possible with any two fragments, ensuring data availability without compromising security.

These measures collectively address the most critical challenges in wallet security:

  • Token Integrity: Robust lifecycle management prevents impersonation or unauthorized access.
  • Advanced Encryption Standards: Sensitive wallet data and transactions are safeguarded by cutting-edge cryptographic techniques.
  • Resilience Against Data Loss: Diverse and secure backup options ensure users can recover their wallets without fear of permanent loss.
  • Access Control Enhancements: Multi-layered authentication mechanisms safeguard accounts.
  • Secure APIs: Backdoor vulnerabilities and information leaks are actively prevented.

Results That Build Trust

The rigorous Cure53 audit, leveraging white-box and gray-box penetration testing, verified KryptoGO’s resilience against security threats. Cure53’s global reputation for securing critical systems further amplifies the credibility of KryptoGO’s security achievements. The resolution of key vulnerabilities identified during the audit, including token mismanagement and API access concerns, reflects KryptoGO’s dedication to continuous improvement and operational excellence.

Raising the Bar for Web3 Security

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By achieving security certifications on par with 1Password and other leading platforms, KryptoGO has set a new benchmark for wallet safety in the Web3 era. These advancements empower users to confidently manage their digital assets while positioning KryptoGO as the trusted partner for enterprises seeking high standard and scalable blockchain solutions.

About KryptoGO

KryptoGO is a pioneer in Web3 solutions, providing secure, compliant, and user-friendly wallet services. Focused on stablecoin payment infrastructure and asset management, KryptoGO empowers businesses to seamlessly transition into the decentralized economy, backed by cutting-edge technology and industry best practices.

For more information on how KryptoGO can support your Web3 business needs, please visit www.kryptogo.com or contact us directly.

Media Contact: [email protected]

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Learn more: www.kryptogo.com | X | LinkedIn

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