Blockchain Press Releases
Bitget Wallet Reaches 20 Million Users, Becoming the Fourth Largest Global Web3 Wallet
VICTORIA, Seychelles, March 20, 2024 /PRNewswire/ — In a significant milestone for the industry, Bitget Wallet, the leading Web3 wallet in Asia, has announced that its global user base has exceeded the 20 million mark, establishing it as the fourth largest wallet worldwide. This achievement coincides with the launch of the platform’s token, BWB, alongside a captivating six-week BWB token airdrop campaign, attracting widespread attention within the global community.
Harnessing Product Innovation for Unprecedented User Growth
Since launching in May 2018, Bitget Wallet has dedicated itself to developing a robust Web3 infrastructure with the mission of providing every user equitable and unrestricted access to the Web3 universe. Through sharp market insight and relentless innovation in product development, Bitget Wallet has experienced an explosive increase in its user base, marking a significant achievement in its five-year journey.
Bitget Wallet’s strategic foresight during the 2020 DeFi Summer led to the early adoption of DEX quotations, significantly enhancing the user experience in asset discovery and trading onchain. This innovation garnered significant user interest. The subsequent rise of NFTs and the metaverse saw Bitget Wallet expanding its offerings with an NFT marketplace, further propelling its growth. As decentralized trading gained mainstream acceptance, Bitget Wallet was at the forefront, integrating Swap trading functionality and establishing itself as the industry’s first to offer aggregated cross-chain DEX market data and facilitate gas-free cross-chain transactions. The continuous enhancement of its Swap product has been a crucial driver of Bitget Wallet’s user base expansion.
In 2022, Bitget Wallet achieved a remarkable milestone by completing a $15 million Series A funding round at a $100 million valuation, led by Dragonfly Capital. This was followed by a strategic $30 million investment from Bitget Exchange, boosting its valuation to $300 million.
Post-investment, Bitget Wallet underwent comprehensive brand enhancement and optimization of its Swap services, introducing cutting-edge features like intelligent market data and Smart Money tracking. Its Swap trading volume consistently ranks in the top ten among all DeFi projects, rivaling and occasionally surpassing MetaMask, underscoring its competitive edge in the marketplace.
Beyond refining its Swap transactions, Bitget Wallet has broadened its ecosystem with the introduction of Launchpad and a profit-earning center, facilitating users in discovering new assets and opportunities. Today, Bitget Wallet transcends the traditional wallet paradigm, evolving into a comprehensive decentralized ecosystem platform encompassing DEX, intelligent market data, Launchpad, inscription platforms, NFT marketplace, and a Web3 task incentive platform.
In 2022, Bitget Wallet’s diverse user base spanned across 168 countries and regions, including Asia, Europe, and North America, with a count of 15 million users. By the fourth quarter of 2023, its global download rank ascended to fourth, with the total user count now exceeding 20 million. This places Bitget Wallet at the forefront of the global wallet sphere.
Embracing User-Centric Innovation, Focusing on New Assets and Opportunities
With the industry’s recent shift towards a community-centric narrative, highlighted by the emergence of meme coins, Bitget Wallet has positioned itself as a pioneer in the discovery and trading of meme coins, attracting a dedicated user base thanks to its superior functionality in this niche.
This success can be attributed to Bitget Wallet’s comprehensive infrastructure, which includes advanced market analysis tools, encompassing full-chain trend analysis, multi-dimensional market rankings, and smart money insights, covering 100 mainstream blockchains. This, combined with innovations such as gas-free trades and automatic slippage adjustments, has empowered users to discover and trade tokens more efficiently and ahead of the curve.
Moreover, Bitget Wallet’s strategic focus on “New Assets” and “New Opportunities,” as emphasized by COO Alvin, reflects its commitment to leading the market in innovation. Whether through the support of new blockchains, the listing of new tokens, the introduction of the Launchpad platform, or the launch of inscription functions, Bitget Wallet’s initiatives are strategically aligned with unlocking new assets and opportunities for its users. Facilitating users in capitalizing on these opportunities, thereby maximizing their earnings in the Web3 world, remains the cornerstone of Bitget Wallet’s growth strategy.
With the recent launch of its platform ecosystem token, BWB, Bitget Wallet underscores its commitment to fostering a vibrant ecosystem. BWB is poised to play a central and pivotal role in the wallet’s ecosystem, with Bitget Wallet’s future growth prospects intricately linked to BWB, following the significant milestone of surpassing 20 million users.
About Bitget Wallet
Bitget Wallet is Asia’s largest and leading global Web3 trading wallet with over 20 million users worldwide. It offers a comprehensive range of features, including asset management, intelligent market data, swap trading, launchpad, inscribing, and DApp browsing. Currently, it supports more than 100 major blockchains, hundreds of EVM-compatible chains, and over 250,000 cryptocurrencies. Bitget Wallet enhances liquidity by aggregating it across hundreds of top DEXs and cross-chain bridges, facilitating seamless trading on over 40 blockchains.
For more information, visit: Website | Twitter | Telegram | Discord
View original content:https://www.prnewswire.co.uk/news-releases/bitget-wallet-reaches-20-million-users-becoming-the-fourth-largest-global-web3-wallet-302094468.html
DUBAI, UAE, April 18, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is making waves with its latest trading showdown: Crypto Surf: Ride the Waves with Trailing Stops. This high-octane competition invites traders to rally behind either copy trading or trading bots, battling it out for their share of a prize pool worth up to $250,000 in USDT.
Running from April 18 to May 19, 2025, at 12 a.m. UTC, the event introduces a squad-based structure where users choose their camp, trade strategically, and compete across PnL, ROI and trading volume leaderboards. With a dynamic reward structure, participants can also win by predicting which squad will come out on top.
Prize Pool Distribution Highlights:
- 40% to the champion squad
- 30% to the runner-up
- 25% to the top 100 individual traders by volume
- 5% to users who correctly predict the winning squad
The event brings together the best of both worlds: the strategic finesse of copy trading and the automated power of trading bots. It celebrates innovation, user choice, and the thrill of crypto trading.
Participants must hold a minimum wallet balance of $1,000 in USDT, generate at least $10,000 in squad volume, and complete identity verification Level 1 to qualify. Users can only register for one squad and vote once to predict the winner. Rewards will be distributed within 14 business days of the event’s completion.
The total prize pool will scale in line with event volume milestones, starting at $1.2 billion and unlocking up to $2 billion in traded volume for the full $250,000 in USDT.
Bybit continues to redefine the competitive trading landscape – bringing fun, strategy and serious rewards to its global community.
#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-launches-crypto-surf-copy-traders-and-bots-battle-for-250k-usdt-302432444.html
Blockchain Press Releases
Tomorrowland Brasil 2025 General Sale in Full Swing — Exclusive Cashback for Bybit Cardholders
DUBAI, UAE, April 18, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, highlights that general ticket sales for Tomorrowland Brasil 2025 are currently ongoing, with exclusive benefit available to Bybit Card and Bybit Pay eligible users such as 20% cashback.
The Bybit Card is designed for global use and supports both fiat currencies—ARS, BRL, EUR, USD—and a wide selection of cryptocurrencies. Integrated with Apple Pay, Google Pay, and Samsung Pay, it offers users up to 10% cashback on everyday purchases, 8% APR through Auto-Savings, free worldwide delivery, and $100 in monthly ATM withdrawals at no cost—without any annual fees.
Returning to the vibrant setting of Parque Maeda in Itu, São Paulo, Tomorrowland Brasil 2025 will take place from October 12 to 14, promising three days of music, imagination, and cultural exchange. Famed for its theatrical stages, global audience, and meticulously curated lineup, Tomorrowland is more than a festival—it’s a world of its own. With each edition, it transforms into a breathtaking playground of light, sound, and storytelling, drawing music lovers from over 100 countries to celebrate unity through electronic music.
This year’s Brazilian edition will feature performances from some of the world’s most sought-after artists, including David Guetta, Armin van Buuren, Vintage Culture, Mind Against, Steve Aoki, James Hype, Alesso, Nervo, and I Hate Models. Special acts include Alok’s “Something Else” concept, ANNA b2b Vintage Culture, and a powerful b2b set from Matisse & Sadko and Third Party. With more names still to be revealed, the event is shaping up to be one of the strongest editions yet.
“Tomorrowland Brasil is one of those rare experiences that transcends music—it creates lasting memories and connects people from every walk of life,” said Joan Han, Head of Payment business unit at Bybit. “We’re proud to support this global celebration by offering our users exclusive benefits that make it easier to be part of something truly unforgettable.”
Tomorrowland Brasil continues to be a beacon of creativity, community, and connection, standing at the intersection of music, technology, and art.
#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
About TOMORROWLAND BRASIL
Tomorrowland Brasil 2025 will take place on October 10-12 in the beautiful festival area of Parque Maeda in Itu, a municipality in São Paulo. The festival will revolve around the mesmerizing ‘LIFE’ theme, set against the backdrop of Brazil’s enchanting natural beauty. A story set in the mythical realm of Silvyra, it’s a world unto its own, filled with creatures, plant life, and people living in harmony, each with their own stories, with the diversity of Silvyra’s lush nature represented in the spectacular ‘LIFE’ Mainstage. Offering the ultimate escape from the city during three days of bliss, guests will be treated to breathtaking performances by more than 150 of the world’s finest electronic artists across 6 mesmerizing stages.
The first two festival editions of Tomorrowland Brasil took place in 2015 and 2016 in the beautiful festival area of Parque Maeda in Itu, São Paulo. After years of dreaming of a return, Tomorrowland finally headed back to Brazil in 2023, becoming a yearly highlight once again.
Tomorrowland Brasil 2025
October 10-12, 2025
Parque Maeda, Itu
brasil.tomorrowland.com
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Blockchain Press Releases
MEXC Announces Listing of Initia (INIT) with a 115,000 INIT and 50,000 USDT Prize Pool
VICTORIA, Seychelles, April 18, 2025 /PRNewswire/ — MEXC, a leading global cryptocurrency exchange, announced the listing of Initia (INIT) on April 24, 2025 (UTC), accompanied by a celebratory event featuring a 115,000 INIT and 50,000 USDT prize pool for new and existing users.
Initia is the first interwoven optimistic–rollup network, reconstructing multichain architecture with native interoperability and shared liquidity. As a full–stack Layer 1+2 platform, Initia supports both EVM & Move VM, enabling seamless cross–ecosystem collaboration. Developed by veterans from top DeFi and blockchain security teams and backed by YZi Labs(Binance Labs), Hack VC, Delphi Digital, and Theory Ventures.
$INIT is the native utility token of the Initia ecosystem, powering key functions such as gas payments, staking, governance, cross-chain transfers, and liquidity provision. Through these utilities, $INIT drives user participation and supports the growth of a secure and decentralized Initia ecosystem.
To celebrate the listing, MEXC will launch an Airdrop+ event, running from April 18 to May 4, 2025 (UTC). The event will include the following activities:
- Deposit and share 90,000 INIT (exclusive to new users)
- Spot Challenge – Trade to share 10,000 INIT (for all users)
- Futures Challenge – Trade to share 50,000 USDT in futures bonus (for all users)
- Invite new users and share 15,000 INIT (for all users)
MEXC has established itself as a leading exchange by consistently offering users early access to high-potential crypto assets. In 2024 alone, the platform listed 2,376 new tokens, including 1,716 initial listings. According to the latest TokenInsight report, MEXC led the industry with 461 spot listings between November 1, 2024, and February 15, 2025. During this period, the exchange maintained a high listing frequency, consistently ranking among the top six platforms, demonstrating its agility in capturing emerging market trends. MEXC will continue to expand its asset offerings and help users seize timely opportunities in the fast-moving crypto market.
For full event details and participation rules, please visit here.
About MEXC
Founded in 2018, MEXC is committed to being “Your Easiest Way to Crypto.” Serving over 36 million users across 170+ countries, MEXC is known for its broad selection of trending tokens, everyday airdrop opportunities, and low trading fees. Our user-friendly platform is designed to support both new traders and experienced investors, offering secure and efficient access to digital assets. MEXC prioritizes simplicity and innovation, making crypto trading more accessible and rewarding.
MEXC Official Website｜ X ｜ Telegram ｜How to Sign Up on MEXC
Risk Disclaimer:
The information provided in this article regarding cryptocurrencies does not constitute investment advice. Given the highly volatile nature of the cryptocurrency market, investors are encouraged to carefully assess market fluctuations, the fundamentals of projects, and potential financial risks before making any trading decisions.
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View original content:https://www.prnewswire.co.uk/news-releases/mexc-announces-listing-of-initia-init-with-a-115-000-init-and-50-000-usdt-prize-pool-302432359.html
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