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Blockchain Press Releases

EUR Zero Fees Fiesta: Bybit’s Global Campaign Offers Zero Deposit and Trading Fees

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DUBAI, UAE, April 9, 2024 /PRNewswire/ — Bybit, one of the world’s top three crypto exchanges by volume, is thrilled to unveil its latest campaign, the EUR Zero Fees Fiesta. This new campaign transcends borders, welcoming users from across the globe to harness the potential of the Euro (EUR) in the crypto market. Launched on April 8, 2024, the EUR Zero Fees Fiesta promises an unparalleled trading experience with zero fees and exclusive rewards.

EUR Takes Center Stage

With the Euro (EUR) gaining significant traction in the crypto market, Bybit is providing global users with the perfect platform to explore its potential. The campaign, running from April 8, 2024, 12:00 AM UTC to May 11, 2024, 11:59 PM UTC, boasts a multitude of attractive features:

Event 1: Zero-Fee Trading Spree (All Users): Unleash the full power of EUR with zero fees on nine (9) popular EUR Spot trading pairs: USDT/EUR, USDC/EUR, ADA/EUR, SOL/EUR, BTC/EUR, ETH/EUR, DOGE/EUR, XRP/EUR, and LTC/EUR.

Event 2: Zero Deposit Fees for New Users: New to Bybit? Make your first deposit of at least 100 EUR and enjoy complete peace of mind – Bybit will cover your deposit fees. (Eligible deposit methods: Easy bank payments and SEPA. Max coverage: 3 EUR)

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Event 3: Discover High APY Products: Put your EUR to work. Bybit offers a variety of high-yield APY products to help your crypto grow passively.

Join the EUR Revolution with Bybit

Don’t miss out on this exceptional opportunity to leverage the growing significance of EUR in the crypto space. Register now and experience the power of EUR trading with zero fees on Bybit.

#Bybit / #TheCryptoArk

About Bybit

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Bybit is one of the world’s top three crypto exchanges by trading volume with 25 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

Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube

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Blocks & Headlines: Today in Blockchain – January 30, 2025 (Dogecoin, U.S. Army, DeepSeek, Web3)

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Introduction

The blockchain and cryptocurrency industry continues to evolve, with major advancements in institutional adoption, regulatory modernization, and innovative applications. Today’s roundup covers Dogecoin’s new blockchain strategy, the U.S. Army’s use of blockchain for tracking aid, notable blockchain startups, domain challenges for Web3 companies, the first AI blockchain agent, and Luxembourg’s legal updates for custody chains. Let’s break down the biggest headlines shaping the future of blockchain technology and decentralized finance.


Dogecoin Unveils Strategic Blockchain Movement

Expanding Beyond a Meme Coin

Dogecoin, often viewed as a lighthearted cryptocurrency, is making serious strides toward blockchain utility with a new strategic initiative aimed at expanding its use case beyond simple transactions. The Dogecoin Foundation has announced plans to integrate layer-2 solutions, smart contracts, and interoperability features, potentially positioning DOGE as a serious competitor in the decentralized finance (DeFi) space.

This move signals a shift in the perception of Dogecoin, which has long relied on community-driven momentum. With the new strategy, DOGE could become an integral part of the growing Web3 ecosystem.

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Source: Crypto Briefing


U.S. Army Utilizes Blockchain for Aid Tracking in Ukraine

Military Adopts Emerging Tech for Transparency

The U.S. Army is leveraging blockchain, big data, and generative AI to track billions of dollars in aid sent to Ukraine. This marks a significant step in blockchain’s adoption by governments and defense agencies to enhance transparency and prevent fraud.

By using blockchain for immutable record-keeping, military officials aim to improve logistics tracking, reduce inefficiencies, and ensure secure auditing of aid distribution. This could set a precedent for future government adoption of blockchain-based verification systems.

Source: Breaking Defense


10 Blockchain Startups to Watch in 2025

Innovation Driving the Next Wave of Web3

A new report highlights ten emerging blockchain startups poised to disrupt industries from finance to supply chain management. These companies are working on scalable smart contracts, decentralized identity solutions, and improved cross-chain interoperability.

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Among the standout names are startups focusing on privacy-preserving transactions, institutional DeFi tools, and real-world asset tokenization, reinforcing blockchain’s growing role in mainstream finance and enterprise adoption.

Source: Yahoo Finance


Web3 Companies Struggle with Domain Name Challenges

Decentralization vs. Traditional Domain Ownership

As blockchain companies push forward with Web3 adoption, many are encountering significant hurdles in securing relevant domain names. Unlike traditional domains governed by ICANN, blockchain-native domains such as .crypto and .eth exist outside standard regulatory frameworks, leading to disputes and accessibility issues.

Industry experts are calling for greater collaboration between blockchain projects and domain registrars to ensure seamless Web3 adoption while maintaining online accessibility for users.

Source: Domain Name Wire

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Klaus Agent Becomes the First Blockchain AI to Use Custom DeepSeek Model

AI and Blockchain Converge

The Klaus Agent, an AI-powered blockchain agent, has integrated the DeepSeek AI model to enhance decision-making, smart contract automation, and decentralized application (dApp) intelligence. This innovation represents a major step in merging artificial intelligence with blockchain networks, allowing for more sophisticated automation in DeFi, NFT trading, and DAO governance.

As AI and blockchain continue to converge, the potential for autonomous smart contract execution and predictive analytics is expected to grow, leading to more efficient decentralized systems.

Source: GlobeNewswire


Luxembourg Modernizes Custody Chain Laws for Blockchain

A Legal Framework for Tokenized Assets

Luxembourg, a key financial hub in Europe, has updated its custody chain regulations to accommodate blockchain-based assets. These changes are designed to facilitate institutional adoption of tokenized securities and digital asset custody solutions.

By providing a clear regulatory framework, Luxembourg aims to attract fintech firms, investment funds, and digital asset custodians, further strengthening its position as a leader in blockchain finance.

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Source: National Law Review


Conclusion

The latest blockchain developments underscore the rapid evolution of the industry, from Dogecoin’s strategic shift to military adoption of blockchain for transparency. As AI and blockchain begin to merge, and governments refine regulations, we are witnessing a pivotal moment in decentralized technology.

With institutional interest growing and regulatory frameworks taking shape, blockchain and Web3 technologies are moving closer to mainstream acceptance. Stay tuned for the next Blocks & Headlines briefing as we continue to track the most significant trends shaping the future of decentralized finance and digital assets.

 

The post Blocks & Headlines: Today in Blockchain – January 30, 2025 (Dogecoin, U.S. Army, DeepSeek, Web3) appeared first on News, Events, Advertising Options.

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From Apes to Humans: ApeChain Joins Humanity Protocol’s zkProofer Network to Scale Proof of Humanity

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Humanity Protocol, a leader in on-chain Proof of Humanity (PoH) and decentralized identity, is today announcing its partnership with ApeChain, the blockchain powering the ApeCoin ecosystem. ApeChain will join Humanity Protocol’s zkProofer network, a decentralized infrastructure for privacy-preserving identity verification. This partnership positions ApeChain at the forefront of integrating Sybil-resistant, human-centric identity solutions, enhancing governance, utility, and trust across the ApeCoin ecosystem.
Humanity Protocol has established itself as the leading identity layer for Web3 with over 2.5 million users onboarded during its testnet and an impending mainnet launch. Humanity Protocol leverages its Self-Sovereign Identity (SSI) framework and PoH technology to deliver unique human authentication for decentralized applications. zkProofers, key components of this framework, validate identities using zero-knowledge proofs, ensuring privacy while maintaining trust. As a zkProofer, ApeChain will play a pivotal role in scaling this identity network, enabling privacy-preserving verification for its users without compromising personal data.
ApeChain, the blockchain underpinning the vibrant ApeCoin ecosystem, supports decentralized applications across NFTs, DeFi, gaming, and governance. Its commitment to scalability, security, and interoperability makes it an ideal partner for Humanity Protocol. By integrating PoH and becoming part of the zkProofer network, ApeChain is elevating its ecosystem with innovative identity solutions designed to bridge the gap between the digital and physical worlds.
With Proof of Humanity, ApeDAO governance will benefit from greater transparency and fairness. Verified human identities tied to voting will prevent Sybil attacks and foster genuine community engagement while maintaining user privacy. This partnership addresses longstanding challenges in decentralized governance, enabling ApeDAO to operate more effectively and equitably.
Terence Kwok, Founder and CEO of Humanity Protocol said: “Partnering with ApeChain as a zkProofer is a significant milestone in advancing decentralized identity. Humanity Protocol’s Proof of Humanity framework will enhance governance, unlock new utility for NFTs, and create privacy-preserving experiences that bridge digital ownership with real-world interactions. This collaboration represents a shared commitment to building secure, human-centric systems that drive innovation in Web3.”
Waabam, ApeCoin Special Council Member and ApeChain Director, said: “This partnership with Humanity Protocol represents a pivotal step forward for the ApeCoin and ApeChain ecosystem. By joining Humanity Protocol’s zkProofer network and integrating its groundbreaking Proof of Humanity technology, we are enhancing not only the security and fairness of our governance processes but also unlocking new possibilities for utility and engagement across our ecosystem.”

The post From Apes to Humans: ApeChain Joins Humanity Protocol’s zkProofer Network to Scale Proof of Humanity appeared first on News, Events, Advertising Options.

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Blockchain Press Releases

WEEX Completes First-Ever Burn $120 Million Worth of WXT, Reducing Supply by 40% — Could WXT Be the Next 100x Gem?

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SINGAPORE, Jan. 30, 2025 /PRNewswire/ — Platform tokens like BNB and BGB have demonstrated their ability to create immense value through well-planned tokenomics strategies. Following these examples, WEEX is set to execute a significant milestone: the planned destruction of 40% of WXT’s total supply, valued at $120 million, signals a strategic step towards increasing scarcity and enhancing the token’s utility within the WEEX ecosystem.

WXT $120 Million Burn vs. BNB and BGB

As outlined in the burn process, WEEX ensures complete transparency by recording every token burn event on-chain. Such openness reinforces investor confidence and showcases the platform’s dedication to responsible token management.

Key Post-Burn Metrics

  • Token Name: WEEX Token (WXT)
  • Blockchain: Ethereum (ERC-20)
  • Total Supply After Burn: 6,000,000,000
  • Burned Token Value: $120 million

For comparison, Binance’s 30th quarterly burn eliminated 1.63 million BNB, valued at $1.16 billion, while Bitget unveiled a plan to burn over $5 billion worth of BGB tokens, WEEX’s upcoming burn stands out as a bold move to immediately reduce WXT’s supply by 40%. With plans for regular quarterly burns in the future, this initial large-scale reduction signals WEEX’s commitment to aligning with proven strategies in the industry while tailoring its approach to meet the platform’s growth and community needs.

Expanding Utility Across the WEEX Ecosystem

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A Growing Ecosystem Backed by Numbers

Since its launch in August 2023, WXT has seen a cumulative price increase of 384%, reflecting its growing utility and market confidence. Over the past year, WEEX has solidified its presence in the global cryptocurrency market:

  • Daily Trading Volume: Exceeding $20 billion, consistently ranking among the top 10 derivatives exchanges.
  • Active User Base: Over 5 million users, supported by partnerships with 10000 star traders and 2000 global influencers.
  • Security and Transparency: Backed by a 1000 BTC investor protection fund and on-chain verification of all token burns.

These figures underscore the platform’s robust foundation and the critical role WXT plays in its ecosystem.

A Systematic Burn Schedule for Sustainable Growth
The whitepaper also highlights WEEX’s ongoing commitment to reducing WXT’s circulating supply through quarterly burns. This process involves allocating 20% of the exchange’s quarterly revenue—including spot and futures transaction fees and listing fees—for token repurchases and subsequent destruction.

Such a systematic approach ensures WXT remains deflationary, sustaining its scarcity while reinforcing its value proposition within the ecosystem.

Benefits for WXT Holders

The whitepaper emphasizes WXT’s integration into the WEEX platform’s comprehensive offerings,too. WXT holders enjoy numerous benefits:

1)Fee Discounts: Up to 70% off futures trading fees, making trading more cost-efficient.

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2)Profit Opportunities: Enhanced profit-sharing through copy trading and VIP upgrades.

3)Exclusive Airdrops: Access to high-value token airdrops via the WE-Launch program, with annualized returns potentially exceeding 140%.

4)Governance Rights: WXT holders can participate in platform decision-making, including proposals for new listings and feature updates.

Future plans include integrating WXT into decentralized finance (DeFi) applications and extending its utility to cross-chain platforms and decentralized exchanges (DEXs), further broadening its use cases.

Will WXT Be the Next 100x Gem?

The upcoming $120 million WXT burn is poised to make an impact in the competitive landscape of platform tokens. By reducing its supply significantly, WEEX creates a foundation for WXT’s scarcity-driven value potential, positioning it alongside successful examples like BNB and BGB.

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As WEEX continues to innovate and expand globally, WXT’s future will be shaped by its ability to adapt to market demands and deliver value to its holders. Whether WXT achieves “100x gem” status will depend on the platform’s sustained efforts to refine its tokenomics and expand its applications.

For those seeking a platform token with robust fundamentals and growth potential, WXT presents a compelling opportunity as it navigates the next stage of its evolution.

About WEEX

Founded in 2018, WEEX has quickly emerged as a global leader in cryptocurrency trading. With an extensive selection of trading pairs, cutting-edge features like WE-Launch, and partnerships with global icons like Michael Owen, WEEX continues to redefine the trading experience for millions worldwide.

For more information:

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Website: WEEX Exchange

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