Blockchain Press Releases
HTX Ventures Announces Strategic Investment in Figment Capital to Enhance Global Innovation Support
SINGAPORE, May 30, 2024 /PRNewswire/ — HTX Ventures, the global investment arm of the cryptocurrency exchange HTX, has officially announced a strategic investment in Figment Capital, an early-stage venture fund focused on blockchain infrastructure. This investment underscores HTX Ventures’ commitment to fostering innovation and supporting scalable Web3 technology development globally.
Launched in 2021, Figment Capital is dedicated to investing in high-conviction, early-stage blockchain infrastructure projects. By leveraging its strong technical understanding and deep connection with Figment Inc., a leader in enterprise-grade staking infrastructure, Figment Capital offers unparalleled technical insights and support to its portfolio companies.
Edward, Managing Partner at HTX Ventures, stated, “We are delighted to welcome Figment Capital as a strategic partner. This investment aligns with our mission to support promising companies and drive the next generation of technological innovations. By leveraging Figment’s technical expertise and robust network, we can identify and support superior projects while also helping them expand into the Asian market. HTX Ventures continues to solidify its position as a global investment leader.”
James Parillo, Managing Partner at Figment Capital, also shared, “The HTX Ventures team has been incredibly helpful in our growth as an emerging investment fund. Their knowledge of the Asian market and experience operating a globally recognized exchange has been invaluable as we continue to grow. We’re thankful for the trust and support the HTX Ventures team has placed in us and continue to look forward to collaborating for years to come.”
Figment Capital’s portfolio boasts notable projects such as EigenLayer, Celestia, Initia, Wormhole, Movement, zkSync, and more. The trust and reputation that Figment Capital has earned among Web3 founders are further strengthened by its close collaboration with portfolio companies, providing strategic guidance and technical support.
HTX Ventures is excited about the potential of this partnership. By combining Figment Capital’s technical prowess and industry connections with HTX Ventures’ extensive market reach, particularly in Asia, we are well-positioned to support the next wave of innovative blockchain projects. This strategic investment marks a significant milestone in our mission to enhance global innovation support in the blockchain space.
About HTX Ventures
HTX Ventures, the global investment division of HTX, integrates investment, incubation, and research to identify the best and brightest teams worldwide. With a decade-long history as an industry pioneer, HTX Ventures excels at identifying cutting-edge technologies and emerging business models within the sector. To foster growth within the blockchain ecosystem, we provide comprehensive support to projects, including financing, resources, and strategic advice.
HTX Ventures currently backs over 200 projects spanning multiple blockchain sectors, with select high-quality initiatives already trading on the HTX exchange. Furthermore, as one of the most active Fund of Funds (FOF) investors, HTX Ventures collaboratively forges the blockchain ecosystem alongside premier global blockchain funds, including Figment Capital, Dragonfly, Bankless Ventures, Animoca, Shima, and IVC. Visit us here.
Contact Details
Michael Wang
[email protected]
https://www.htx.com/en-us/ventures
About Figment Capital
Figment Capital is an early stage venture fund, focused primarily on investing in blockchain infrastructure. Launched in 2021, Figment Capital invests in high-conviction, early-stage blockchain infrastructure projects, leveraging strong technical insights and support. Notable portfolio companies include EigenLayer, Celestia, Initia, Wormhole, Movement, and Starkware.
Logo – https://mma.prnewswire.com/media/2391903/image_ID__Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/htx-ventures-announces-strategic-investment-in-figment-capital-to-enhance-global-innovation-support-302159631.html
Blockchain Press Releases
Options Market Recovers From Monday’s Sell-Off: Bybit and Block Scholes Analysis
DUBAI, UAE, Jan. 31, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has released the latest crypto derivatives report, published weekly with Blocks Scholes.
This week’s report highlights a significant risk-off event early in the week, as DeepSeek’s LLM announcement coincided with sharp declines across major indices and crypto markets. Despite this volatility, open interest in perpetual swaps remained stable, with funding rates momentarily turning negative before recovering. The options market also saw increased trading activity during the sell-off, even as forward-looking volatility expectations declined.
Key Insights:
- BTC Open Interest Shows Minimal Movement – Despite the highest single-day trading volumes in BTC call options this month – reaching nearly $250 million during the spot price decline – volatility has continued to decline in both realized and implied terms. Short-tenor options are exhibiting lower volatility with a neutral skew, while longer-dated volatility smiles maintain a bullish bias towards out-of-the-money (OTM) calls, continuing a trend seen since the election.
- ETH Options Maintain Bullish Momentum – Trading volume for ETH options has surged to its highest levels in a month, with open interest remaining heavily weighted toward calls. While the global market sell-off briefly impacted short-tenor ETH volatility smiles, ETH options have continued to trade at higher volatility levels relative to BTC. Despite ETH’s spot recovery lagging behind BTC’s, its options market remains strong.
- Solana Options See Solid Open Interest – Following a price rally spurred by the launch of two presidential meme coins, Solana (SOL) has retraced alongside the broader crypto market. However, open interest in puts and calls remains elevated, with trading activity surpassing pre-rally levels. Stable levels of newly opened put options suggest strategic protective buying to hedge profitable long positions in other instruments.
The Bybit x Block Scholes Crypto Derivatives Analytics Report continues to provide actionable insights for traders and investors, offering a detailed breakdown of market trends and trading dynamics.
Access the Full Report here.
#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
Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube
Photo – https://mma.prnewswire.com/media/2610298/Sources_Bybit_Block_Scholes.jpg
Logo – https://mma.prnewswire.com/media/2267288/Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/options-market-recovers-from-mondays-sell-off-bybit-and-block-scholes-analysis-302365301.html
Blockchain Press Releases
BlackDuckRWA Takes Flight with Token Launch – Bridging Traditional Finance and Web3
DUBAI, UAE, Jan. 31, 2025 /PRNewswire/ — BlackDuckRWA proudly announces the successful launch of its BD crypto token, a groundbreaking digital asset designed to seamlessly integrate traditional finance with the rapidly evolving Web3 ecosystem. Established in 2019, the company’s pioneering model empowers investors to qualify for rewards generated from trading within the $7.5 trillion foreign exchange (Forex) market, offering unparalleled access to structured financial products on-chain.
Following a fair launch on the Solana network on January 24, BD exceeded expectations, attracting 2,000 wallet holders in just five minutes and reaching a £3 million market cap within days. With a robust six-month roadmap and a strong emphasis on regulatory compliance, BlackDuckRWA is now preparing for major exchange listings in the coming months to expand its global reach.
Revolutionizing DeFi with Forex Rebates and Staking Rewards
BlackDuckRWA is transforming decentralized finance by introducing on-chain Forex structured products, providing investors with diverse risk-adjusted opportunities. Backed by an executive team with experience at Goldman Sachs and JP Morgan, the company reported an average return of 36% per month in altcoin trading in 2024, reinforcing its track record in high-performance investment strategies.
With the launch of BD, BlackDuckRWA’s innovative model extends benefits to token holders through Forex rebates, which are earned from high-frequency trading activity. Investors can lock their BD tokens into the staking platform to qualify for reward distributions based on their holdings and staking duration. This initiative is scheduled to go live in month three of the six-month roadmap.
By linking the BD token’s value to Forex trading volume and rebates, BlackDuckRWA ensures a sustainable incentive for ownership and participation. Additionally, the platform will foster an engaged community, empowering members to propose new features and participate in exclusive NFT drops that reward early adopters and active contributors.
Official Statement from BlackDuckRWA:
“BlackDuckRWA is dedicated to bridging traditional finance and Web3 by offering investors innovative, yield-generating opportunities in a fully compliant and scalable ecosystem. Our mission is to create a more inclusive and accessible financial system, ensuring broader participation in the evolving digital economy.
“With the increasing adoption of blockchain technology, the demand for cutting-edge financial solutions is at an all-time high. Our BD token staking platform and Forex rebate model will provide tangible value to holders, and we look forward to expanding our ecosystem through upcoming exchange listings and community-driven developments.”
For more information, visit www.blackduckrwa.com or join the discussion on X at @blackduckrwa.
Logo: https://mma.prnewswire.com/media/2610017/BlackDuck_Logo.jpg
Media contact:
BlackDuckRWA Communications Team
Email: [email protected]
Website: www.blackduckrwa.com
View original content:https://www.prnewswire.co.uk/news-releases/blackduckrwa-takes-flight-with-token-launch–bridging-traditional-finance-and-web3-302365260.html
Blockchain
Blocks & Headlines: Today in Blockchain – January 30, 2025 (Dogecoin, U.S. Army, DeepSeek, Web3)
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.
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.
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
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.
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.
-
Blockchain7 days agoBlocks & Headlines: Today in Blockchain – January 24, 2025 (IBM, SAP, Oracle, Bitfury Group, Auxesis Services Technologies, Binance, European Central Bank)
-
Blockchain4 days ago
Blocks & Headlines: Today in Blockchain – January 27, 2025 (Metropolitan Museum of Art, Binance Academy, Amazon Web Services, Gate Ventures, Morph VC Collective, NASA)
-
Blockchain3 days ago
Blocks & Headlines: Today in Blockchain – January 28, 2025 (EVIANCX, Abstract, Venice, KPMG, Hashgraph Group)
-
Blockchain2 days agoMicro, Small and Medium Enterprise (MSME) Financing Global Strategic Business Report 2025: Shift Towards Sustainable and Green Financing Solutions Expands Market Potential – Global Forecasts to 2030
-
Blockchain4 days ago
Dizzaract Studio Founder Predicts AI Supercycle by 2025; VanECK estimates one million New AI Agents by end of the year
-
Blockchain4 days ago
DYOR Partners with Ava Labs, Announces Major Developments With Matt Dyor Joining as Advisor Plus Acquisition of DYOR.com
-
Blockchain Press Releases1 day agoWEEX Completes First-Ever Burn $120 Million Worth of WXT, Reducing Supply by 40% — Could WXT Be the Next 100x Gem?
-
Blockchain4 days ago
Humanity Protocol Secures $20 Million Strategic Funding from Jump Crypto and Pantera Capital at $1.1B Fully Diluted Valuation
