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Blockchain Press Releases

Bitget Blockchain4Youth Unveils COO Apprentice Program to Foster Future Crypto Pioneers

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VICTORIA, Seychelles, April 8, 2024 /PRNewswire/ — Bitget, a leading cryptocurrency exchange and web3 company, is proud to announce the launch of the Bitget COO Apprentice: Web3 Leadership Program in Europe, as a cornerstone of its Blockchain4Youth corporate social responsibility (CSR) initiative. This program is designed to empower and nurture the upcoming cadre of crypto pioneers, equipping them with essential skills and experiences, enabling these potential leaders to excel and innovate within the swiftly evolving cryptocurrency ecosystem.

The Bitget COO Apprentice Program is set to debut in Europe, presenting an exceptional opportunity for participants to dive deep into the realm of Web3. Under the mentorship of Bitget’s top executives, including COO Vugar Usi Zade, apprentices will gain practical training and guidance. This program offers a platform to acquire profound knowledge and skills, empowering participants to contribute significantly to the evolution of the Web3 world. Additionally, they will gain valuable experience in operating within a fully remote, global corporate environment.

As a program under Blockchain4Youth, this initiative is open to ambitious young individuals who are passionate about Web3 and blockchain technology, eager to learn and grow, and adept at working collaboratively in a dynamic environment. The top three apprentices selected for the program will receive an exclusive, fully-funded mentorship trip to Dubai with Bitget’s COO, providing them with unparalleled access to industry insights and networking opportunities.

“We are excited to launch the Bitget COO Apprentice program as part of our commitment to fostering talent and innovation in the Web3 space,” said Vugar Usi Zade, COO of Bitget. “This program offers young graduates the chance to learn from industry experts, gain practical experience, and prepare them to have meaningful impacts on the crypto industry. We believe this program represents more than just an apprentice experience; it is also a launchpad for aspiring Web3 enthusiasts and believers to make their mark on the digital finance revolution.”

Bitget’s Blockchain4Youth initiative was launched in May 2023 with $10 million committed in the following 5 years. A study conducted by Bitget indicates that Millennials and Generation Z are pivotal in shaping a crypto-friendly future, with Millennials accounting for 46% of crypto enthusiasts. With the introduction of the COO Apprentice Program, Bitget aims to immerse participants deeply into Web3, transforming them into future leaders in the blockchain space.

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About Bitget

Established in 2018, Bitget is the world’s leading cryptocurrency exchange and Web3 company. Serving over 25 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.

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

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Blocks & Headlines: Today in Blockchain – May 9, 2025

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Welcome to Blocks & Headlines, your daily deep-dive into the most impactful movements in blockchain technology and the cryptocurrency sector. In today’s edition, we unpack five major stories that illuminate trends in funding, sustainability, payment innovation, banking collaborations, and technical interoperability—all vital signposts for developers, investors, and Web3 enthusiasts. Here’s what’s on the docket:

  1. Camp Network’s New IP-Focused Testnet

  2. Blockchain for Sustainable Packaging

  3. Meta’s Blockchain-Based Payment System Plans

  4. Mocse Credit Union Joins Metal Blockchain’s Innovation Program

  5. Apex Fusion on the Urgency of Blockchain Defragmentation

Through concise reporting, opinion-driven analysis, and SEO-optimized insights—featuring keywords like blockchain, cryptocurrency, Web3, DeFi, and NFTs—we’ll explore how these developments shape the next wave of decentralized finance, enterprise adoption, and mass onboarding.


1. Camp Network Launches Testnet for IP-Focused Blockchain

What Happened:
Camp Network has unveiled its long-anticipated testnet following a $30 million funding round led by leading crypto VCs. This new network is tailored for intellectual property (IP) asset tokenization, aiming to streamline rights management and royalty payments via smart contracts.

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  • Technical Highlights:

    • Modular Consensus: Hybrid PoS/PoA consensus that allows IP rightsholders to validate transactions.

    • On-Chain Licensing: Smart contracts enabling programmable licensing terms, automated royalty splits, and revocable access controls.

    • Interoperability: Bridges to Ethereum and Polygon enable seamless asset transfers and liquidity provisioning.

Analysis & Implications:
By focusing on IP tokenization, Camp Network addresses a glaring gap in current NFT platforms, which often lack robust legal-framework integration. This specialization could catalyze:

  • New Revenue Models: Musicians, authors, and inventors can fractionalize royalties, unlocking liquidity and democratizing investment in creative works.

  • Institutional Adoption: Traditional publishers and studios may pilot tokenized licensing, accelerating blockchain’s entrée into regulated industries.

  • Secondary Markets: With on-chain licensing data, marketplaces can enforce provenance and anti-fraud measures more effectively.

Camp Network’s testnet success will hinge on developer tooling, legal partnerships, and gas-fee economics. Should it deliver a smooth UX and clear ROI for rightsholders, it could set a new standard for Web3 IP infrastructure.

Source: The Block


2. Blockchain as a Sustainable Packaging Game-Changer

What Happened:
A recent report explores how blockchain can revolutionize sustainable packaging by delivering end-to-end supply-chain transparency. The solution combines on-chain tracking of materials, IoT sensor data for carbon footprint measurement, and tokenized incentives for recycling.

  • Key Components:

    • Immutable Traceability: Each packaging component is logged on a public ledger, enabling consumers to verify sustainable sourcing.

    • Carbon Credit Tokens: Brands earn tokenized credits when they hit recycling targets, tradable on carbon-market DAOs.

    • Consumer-Facing Apps: QR-code scanning interfaces reveal environmental impact metrics and reward programs.

Analysis & Implications:
Integrating blockchain with sustainable packaging tackles greenwashing and fragmented reporting. The ability to tie physical materials to on-chain records introduces:

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  • Enhanced Accountability: Brands face real-time public scrutiny of ESG claims, improving trust and regulatory compliance.

  • Market Mechanisms: Carbon credit tokens linking packaging to broader DeFi ecosystems incentivize circular economy behaviors.

  • Consumer Engagement: NFTs or loyalty tokens tied to sustainable purchases could accelerate brand loyalty in eco-conscious demographics.

This convergence of blockchain, IoT, and token economics exemplifies how decentralized technologies can underpin not only financial systems but also planetary stewardship.

Source: Yahoo Finance


3. Meta Plans New Blockchain-Based Payment System

What Happened:
Meta is reportedly developing a blockchain-powered payment network to underpin its digital wallet ambitions, aiming to facilitate low-fee remittances, in-app purchases, and peer-to-peer transfers across Facebook, Instagram, and WhatsApp.

  • Proposed Features:

    • Cross-Border Settlements: Utilizing stablecoins pegged to major fiat currencies to avoid volatility.

    • Layer-2 Scalability: Built atop an Ethereum Layer-2 or a proprietary chain to ensure sub-second confirmation times and minimal fees.

    • Regulatory Compliance: On-chain KYC/AML checks integrated via permissioned sidechains.

Analysis & Implications:
Meta’s push into blockchain payments could reshape the competitive landscape:

  • Crypto On-Ramp: With 3 billion+ monthly users, built-in wallet functionality could massively expand mainstream cryptocurrency adoption.

  • Disintermediation Risk: Traditional payment processors and remittance services face margin compression as Meta internalizes transaction flows.

  • Regulatory Scrutiny: Centralized control of a global payments network raises data-privacy and antitrust questions, likely attracting significant oversight.

If Meta balances decentralization ethos with compliance demands, it could serve as a blueprint for other Big Tech firms eyeing Web3 integration.

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Source: Dig.watch


4. Mocse Credit Union Joins Metal Blockchain’s Banking Innovation Program

What Happened:
Mocse Credit Union has signed on to Metal Blockchain’s Banking Innovation Program, a consortium designed to accelerate pilot projects in tokenized lending, fractional deposits, and programmable savings accounts.

  • Program Benefits:

    • Sandbox Environment: Regulatory-compliant testbeds for tokenized asset experiments.

    • API Integrations: Plug-and-play modules for KYC, smart-contract auditing, and fiat-crypto on-ramps.

    • Co-Innovation Workshops: Joint labs with fellow financial institutions and DeFi projects.

Analysis & Implications:
This partnership signals the banking sector’s growing willingness to explore blockchain beyond hype:

  • Tokenized Deposits: By issuing interest-bearing stablecoin equivalents, credit unions can attract a new demographic of digitally native savers.

  • Risk Management: Sandboxed pilots allow institutions to evaluate smart-contract risks without exposing core systems.

  • Interoperable Finance: Aligning legacy banking with DeFi rails can unlock hybrid products—e.g., flash loans collateralized by insured deposits.

Such collaborations could spearhead a wave of embedded finance offerings, blurring the lines between centralized and decentralized banking infrastructures.

Source: Newswire

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5. Apex Fusion: Defragmenting Blockchain for Mass Adoption

What Happened:
In an op-ed, Apex Fusion argues that blockchain interoperability and defragmentation are critical prerequisites for mainstream Web3 uptake. The piece advocates standardized cross-chain messaging protocols, unified identity layers, and aggregated liquidity pools.

  • Core Proposals:

    • Protocol Neutral Messaging: A universal middleware to transmit value and data across disparate chains.

    • Decentralized Identity (DID): A shared credential framework enabling seamless dApp logins without wallet-hopping.

    • Liquidity Hubs: Cross-chain Automated Market Makers (AMMs) that pool assets to reduce slippage and gas friction.

Analysis & Implications:
A fragmented blockchain ecosystem hinders user experience and developer efficiency:

  • Onboarding Friction: New users face wallet complexity, chain-switching hassles, and inconsistent UX across apps.

  • Capital Inefficiency: Isolated liquidity silos lead to higher trading costs and limit DeFi yield optimization.

  • Developer Overhead: Building multichain dApps requires fragmented toolkits and disparate security audits.

Solving these challenges through interoperable frameworks will be pivotal for DeFi, NFT, and enterprise Web3 solutions to scale beyond niche audiences. Apex Fusion’s recommendations may inform upcoming standards efforts by bodies like the Blockchain Governance Initiative Network (BGIN).

Source: Euro Weekly News


Conclusion

Today’s blockchain developments reflect a maturing industry at the crossroads of innovation and integration:

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  • Specialized Networks: Camp Network’s IP testnet showcases niche use-cases driving targeted blockchain deployments.

  • Sustainability & Token Economics: Linking environmental impact to on-chain incentives demonstrates blockchain’s potential in non-financial arenas.

  • Big Tech Entry: Meta’s payment ambitions could accelerate global crypto adoption while raising regulatory stakes.

  • Banking Collaboration: Programs like Metal Blockchain’s underscore financial institutions’ appetite for safe, regulated Web3 experimentation.

  • Interoperability Imperative: As Apex Fusion highlights, defragmentation and cross-chain standards are essential for seamless UX and liquidity flow.

As blockchain weaves deeper into finance, supply chains, and digital ecosystems, the future hinges on striking the right balance between decentralization, compliance, and user-centric design. Stay tuned for tomorrow’s Blocks & Headlines where we continue to chronicle the pulse of Web3 innovation.

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Blockchain Press Releases

Bybit Surpasses 70 Million Users, Reinforces Commitment to Transparency and Institutional Growth

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DUBAI, UAE, May 9, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, today announced it has surpassed 70 million registered users, a milestone that highlights the platform’s sustained global growth and deepening trust among both retail and institutional clients. This achievement underscores Bybit’s robust market presence and its steadfast commitment to security, compliance, and product innovation.

“Reaching 70 million users is more than a number—it’s a testament to the trust our global community places in us,” said Ben Zhou, co-founder and CEO of Bybit. “We are doubling down on compliance, institutional-grade infrastructure, and user-centric innovation to ensure everyone—from first-time traders to global institutions—can access the future of finance with confidence.”

Strengthening Global Compliance and Regulatory Engagement
Bybit continues to expand its global compliance framework, working closely with regulators around the world. Most recently, Bybit held strategic discussions with Vietnam’s Ministry of Finance, contributing to the country’s regulatory sandbox initiative by sharing expertise in KYC, AML, and international best practices.

Bybit has also made key progress in major jurisdictions, including the United Arab Emirates, further demonstrating its commitment to regulatory alignment and operational transparency.

Accelerating Institutional Growth
Bybit is seeing rapid growth among institutional clients, driven by high-performance trading infrastructure, advanced risk controls, and strategic partnerships. The integration with Zodia Custody—a leading provider of institutional-grade custody and off-venue settlement solutions—reflects Bybit’s ongoing efforts to meet the needs of sophisticated investors with robust, compliant offerings.

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Pioneering Web3 Integration and Real-World Utility
Bybit continues to lead in practical Web3 innovation. The Bybit Card, now used by nearly 2 million people, enables everyday crypto spending, while Bybit Pay streamlines on-chain and off-chain transactions for both users and merchants.

In line with its user-first philosophy, Bybit is also leveraging artificial intelligence to enhance trading, research, and support services. CryptoLens, an in-house AI analytics tool, offers users deep insights into token fundamentals, community activity, social trends, and tokenomics—even for projects not listed on the platform. TradeGPT, an AI agent trained on Bybit’s proprietary data, delivers rapid price action summaries and technical analysis, helping traders make smarter decisions. Complementing these innovations, an AI Support Agent enhances customer service by improving response efficiency and user experience across the platform.

Bridging Traditional Finance and the Future of Digital Assets
Bybit remains committed to its role as #TheCryptoArk—a safe, trusted bridge from traditional finance into the world of Web3. Through intuitive products, regulatory collaboration, and cutting-edge technology, Bybit empowers users of all levels to navigate and thrive in the digital asset ecosystem.

“We’re building the infrastructure for the next era of finance,” Ben added. “By championing regulation, professionalism, and a relentless user-first approach, we’re shaping a safer, more inclusive, and more empowering financial future for all.”

#Bybit / #TheCryptoArk

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About Bybit

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 70 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

Unleashing the Power of Futures Combo Bots on Bybit: Leveling up Futures Trading with More Rewards

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DUBAI, UAE, May 9, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, Futures Combo Carnival, a month-long trading event rewarding both new and experienced Futures Combo traders with multiple rewards tracks. Trading thresholds start at 300 USDT with rewards of up to 500 USDT in prizes weekly. 

The largest Futures Combo campaign on Bybit to date, the Carnival gives traders even more reasons to make their futures trading journey hassle-free and more rewarding. Bot-enabled automated trading is becoming the norm among strategic traders in a turbulent market, where no traders can afford manmade mistakes or delays in execution.  

Bybit’s Futures Combo Bot is a powerful tool for streamlining users’ futures trading experience, empowering them to build portfolios and rebalance positions across multiple futures contracts. The innovative solution allows traders to set up a Bot within minutes, minimizing manual management of complex trading strategies, and achieving both efficiency and flexibility when managing combos of futures contracts.

From now to Jun. 9, 2025, eligible Bybit users may take part in two events with a welcome bonus for first-time users:

  1. The Combo Battle offers newcomers who achieve a trading volume of 300 USDT an immediate 5 USDT Bot Bonus on a first-come, first-served basis, while experienced traders can earn lucky draw tickets by reaching volume milestones of 1,000 USDT and 2,500 USDT respectively using Bybit’s Futures Combo Bot.
  2. The Combo Challenge  invites Mandarin-speaking Key Opinion Leaders to create and share their trading strategies on social media using the hashtag #ComboChallenge, with three weekly winners receiving 500 USDT each.

Bybit is committed to making futures trading more accessible to users looking to diversify their trading strategies. With rewards designed for both newcomers and experienced traders, this event strengthens community engagement while supporting users wherever they are on their trading journey. For more details and terms and conditions, users may visit: Bybit Futures Combo Carnival

#Bybit / #TheCryptoArk

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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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