Blockchain Press Releases

Bitget Appoints Gracy Chen as CEO

Published

10 months ago

May 21, 2024

VICTORIA, Seychelles, May 21, 2024 /PRNewswire/ — Bitget, the leading cryptocurrency exchange and Web 3 company, today announces the appointment of Gracy Chen as its new Chief Executive Officer (CEO), effective in May 2024, succeeding Sandra Lou, who will be leaving the platform to pursue her own business goals. With over 10 years of experience in business management, marketing, and investment, Gracy proves herself to be a leading female entrepreneur in the crypto world.

Since 2014, as a notable TV host, Gracy found herself increasingly drawn into the dynamic world of blockchain technology, hence, cryptocurrencies through her interactions with knowledgeable guests like Tim Draper. Each interview not only enriched her show but also deepened her fascination with this emerging field. Her growing passion for the subject soon evolved to invest in several crypto startups, including Bitkeep (currently Bitget Wallet), the largest Web 3 multi-chain wallet in Asia.

In June 2022, Gracy joined Bitget as its first Managing Director (MD), leading Bitget’s growth strategies as the platform accelerates its global expansion plan. Over the past two years, her exceptional ability to manage and inspire multinational decentralized teams has been instrumental in navigating the fast-paced and highly competitive cryptocurrency landscape. One of her most remarkable achievements was co-leading the strategy that quadrupled Bitget’s user base through partnerships with legendary footballer Leo Messi as well as the establishment of a robust global affiliate network. This solidified Bitget’s position as a top-five crypto exchange and Web 3 platform.

“I’m extremely honored to step into the role of CEO at Bitget,” said Gracy Chen. “Over the past six years, with the robust foundation we’ve built and an incredible team by my side, Bitget has transformed into a leading crypto platform. By consistently innovating in product offerings and creating value for our 25 million users, Bitget has risen to become a top 5 futures trading platform and a top 10 spot trading platform. I’m thrilled to continue to be part of shaping this industry that is on the edge of innovation, empowering the future of digital finance. It’s a privilege to lead such a dynamic group and I can’t wait to steer our global expansion to new heights!”

Gracy is also advocating for a more diverse and inclusive crypto industry by leading two Corporate Social Responsibility (CSR) initiatives at Bitget. She spearheaded the launch of the #Blockchain4Youth campaign in May 2023, aiming to drive Web 3 adoption by inspiring the younger generation to embrace crypto and blockchain. The activity partnered with over 50 educational institutions and benefits over 6,000 young talents in just one year. As a key initiator of Bitget’s #Blockchain4Her initiative, her vision for a sustainable future involves integrating inclusivity and gender diversity into the blockchain industry, ensuring females have equal opportunities and representation in this transformative sector.

Beyond her responsibilities at Bitget, Gracy is proactively seeking opportunities to contribute to the cryptocurrency field. As a columnist for major publications such as Forbes and Cointelegraph, she has published over 50 articles to introduce blockchain to the public. She is also known as a judge of the first reality crypto TV show Killer Whales, a program co-created by Hollywood producers. The show aims to discover promising Web 3 projects and empower them to make a real-life impact. Her contributions earned her recognition as a Global Shaper by the World Economic Forum in 2015, and she was elected to the Forbes Business Council in 2023.

Gracy holds a Bachelor’s Degree from the National University of Singapore (NUS) and an MBA degree from the Massachusetts Institute of Technology (MIT).

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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View original content:https://www.prnewswire.co.uk/news-releases/bitget-appoints-gracy-chen-as-ceo-302151311.html

Blockchain Press Releases

Market Needs a Stronger Boost than Trump’s Crypto Strategic Reserve: New Bybit x Block Scholes Crypto Derivatives Report

Published

2 hours ago

March 10, 2025

CISION (PR Newswire)

market-needs-a-stronger-boost-than-trump’s-crypto-strategic-reserve:-new-bybit-x-block-scholes-crypto-derivatives-report

DUBAI, UAE, March 10, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, released the latest weekly crypto derivatives analytics report with Block Scholes as President Trump signed the executive order to establish a strategic BTC reserve on Thursday.

In the first week of March, crypto market movements suggested traders had digested the positive news and pulled towards bearish territories with a declining S&P 500 and growing skepticism surrounding ETH and SOL. This waning enthusiasm is evidenced by a notable increase in demand for short-term protective options as investors seek to mitigate potential risks in the evolving market landscape.

Key Highlights:

Stable Funding Rates: Following President Trump’s announcement on Mar. 2, the spot prices of involved cryptocurrencies surged. However, funding rates for these assets have not reached extreme levels, remaining relatively stable compared to highs seen prior to Trump’s inauguration. This suggests a balanced demand for long positions, indicating subdued short interest in the market.
Volatility in ETH Options: The enthusiasm surrounding ETH was quickly tempered as ongoing tariff discussions contributed to bearish market sentiment. This has resulted in a notable increase in realized volatility, surpassing options-implied levels. As traders seek protection, the market has seen a shift in short-term volatility towards puts, reflecting a cautious outlook.
Decline in SOL Open Interest: The report also notes a decrease in open interest for Solana options at the end of February. Despite the inclusion of SOL in the proposed crypto reserve, open interest has not seen a corresponding uptick, with a majority of new positions still favoring calls, albeit at a lackluster pace.

Access the Full Report

For detailed insights, readers may download the full report.

#Bybit / #TheCryptoArk /#BybitResearch

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

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View original content:https://www.prnewswire.co.uk/news-releases/market-needs-a-stronger-boost-than-trumps-crypto-strategic-reserve-new-bybit-x-block-scholes-crypto-derivatives-report-302396850.html

Blockchain Press Releases

AB is Now Listed on Hotcoin and Set to Launch on Gate, BitMart, Lbank, and Biconomy

Published

5 hours ago

March 10, 2025

CISION (PR Newswire)

SINGAPORE, March 9, 2025 /PRNewswire/ — On March 8, 2025, AB DAO announced that $AB has officially been listed on Hotcoin (hotcoin.com) at 18:00 (UTC+8), further expanding its global trading network and driving AB’s adoption in the Web3 ecosystem. Additionally, $AB is set to be listed on four more major exchanges: Gate (gate.io), BitMart (bitmart.com), Lbank (lbank.com), and Biconomy (biconomy.com), significantly enhancing AB’s global liquidity and ecosystem reach.

AB Trading Details
Trading Pair: AB/USDT
Deposit Opening: March 7, 2025, 12:00 (UTC+8)
Trading Opening: March 8, 2025, 18:00 (UTC+8)
Hotcoin Official Announcement:
https://www.hotcoin.com/zh_CN/support/article/?id=25704168485425152&code=25704168485163008&catalogCode=19112597563772928

AB DAO Ecosystem Continues to Expand
With the Hotcoin listing, users can now trade $AB on the following exchanges:
Bitget (bitget.com)
HTX (htx.com)
MEXC (mexc.com)
BingX (bingx.com)
Hotcoin (hotcoin.com)
4E (eeee.com)
Gate (gate.io) (Coming Soon)
BitMart (bitmart.com) (Coming Soon)
Lbank (lbank.com) (Coming Soon)
Biconomy (biconomy.com) (Coming Soon)
The listing of $AB on Hotcoin marks another major step in AB DAO’s global expansion strategy. In the coming months, AB will continue listing on more exchanges, expanding its ecosystem use cases and accelerating worldwide adoption.

AB DAO’s Goal: 100 Million $AB Holders
Now is the time to join the movement—unite, strengthen the community, and drive the expansion of the AB ecosystem. The mission is clear: onboard tens of millions of users and build a decentralized future together.

Stay Updated with AB DAO
Official Website: https://ab.org
Telegram Global Community: https://t.me/Newtonproject
Telegram Chinese Community: http://t.me/ABgonglian
Telegram English Channel: https://t.me/AB202528
X (Twitter): https://x.com/ABDAO_Global
Discord: https://discord.gg/BSbgK6J

View original content:https://www.prnewswire.co.uk/news-releases/ab-is-now-listed-on-hotcoin-and-set-to-launch-on-gate-bitmart-lbank-and-biconomy-302396571.html

Blockchain Press Releases

HASHKEY GLOBAL PARTNERS WITH VERIFYVASP TO EXPAND GLOBAL TRAVEL RULE COMPLIANCE

Published

8 hours ago

March 10, 2025

CISION (PR Newswire)

hashkey-global-partners-with-verifyvasp-to-expand-global-travel-rule-compliance

Strategic partnership strengthens regulatory compliance across HashKey Global’s international exchange network.

SINGAPORE, March 10, 2025 /PRNewswire/ — HashKey Global, a leading licensed exchange, and VerifyVASP, a global Travel Rule solution provider, have announced a strategic partnership to deploy comprehensive Travel Rule compliance solutions across HashKey’s international network of licensed exchanges. This initiative aligns with the accelerated enforcement of Financial Action Task Force (FATF) Travel Rule regulations by jurisdictions worldwide, addressing evolving anti-money laundering (AML) requirements for virtual asset transactions.

HashKey Global, as the flagship licensed exchange under HashKey Group, stands out as a leading platform in the digital asset industry. It is designed to deliver a secure, transparent, and reliable trading experience for users worldwide. The platform incorporates comprehensive measures such as robust asset segregation, stringent information security protocols, insurance coverage, independent audits, and secure payment settlement systems. These features ensure the highest level of protection for user assets and data while maintaining operational transparency.

Since integrating with VerifyVASP’s network of Virtual Asset Service Providers (VASPs) last year, HashKey Global has successfully processed thousands of verifications, ensuring compliant and accurate transfers of assets received by the intended counterparty and corresponding beneficiary.

Tim Xing, Board Director, HashKey Global, said: “This partnership with VerifyVASP reinforces HashKey Global’s commitment to setting the industry standard for regulatory compliance and security. As global enforcement of the Travel Rule accelerates, we are proactively enhancing our infrastructure to ensure seamless and compliant virtual asset transactions. By expanding this integration across our licensed exchanges, we continue to build a trusted and transparent digital asset ecosystem for users worldwide.”

“We are thrilled to be supporting HashKey Global in their Travel Rule compliance,” said ShihYun Chia, CEO at VerifyVASP. “This partnership demonstrates HashKey’s commitment to regulatory excellence and contributes to building a more compliant digital asset ecosystem globally. It also marks a significant milestone of successful travel rule implementation in the digital asset regulatory landscape.”

About HashKey Global

HashKey Global is the flagship digital asset exchange under HashKey Group, offering licensed digital asset trading services to users worldwide, and becomes one of the fastest-growing crypto exchanges in 2024. HashKey Global has obtained a license from the Bermuda Monetary Authority providing mainstream trading and service products such as LaunchPad, contracts, leverage, etc.

Please read our latest Disclaimer.
For more details, please visit global.hashkey.com
Follow HashKey on X, Telegram, and Discord

About VerifyVASP

VerifyVASP is a decentralised messaging protocol for Travel Rule compliance supported by regulated VASPs. VerifyVASP provides comprehensive Travel Rule solutions that include counterparty due diligence, messaging protocol, on-chain risk analysis and consultation on Travel Rule/personal data protection requirements.

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View original content:https://www.prnewswire.co.uk/news-releases/hashkey-global-partners-with-verifyvasp-to-expand-global-travel-rule-compliance-302395817.html

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