Blockchain Press Releases
Announcing Citrea Public Devnet for Developers and Users
This marks the first time that Bitcoin is being tested as a Data Availability Layer
GEORGE TOWN, Cayman Islands, June 5, 2024 /PRNewswire/ — Citrea is thrilled to announce the launch of its Public Devnet for developers and users. Citrea Public Devnet marks the first time that Bitcoin is being tested as a data availability layer. With this launch, Bitcoin will serve as a foundational layer for complex applications, allowing developers leverage full Bitcoin security. Citrea Public Devnet is also available for users to engage with applications deployed on the network.
Citrea is the first ZK rollup that uses Bitcoin both as a data availability and a settlement layer, via its BitVM-based trust-minimized two-way peg program – Clementine. Citrea is fully EVM compatible, enabling all the EVM developers to easily build on Bitcoin.
Citrea’s unique approach to Bitcoin scalability and its Public Devnet signifies:
- The first time that Bitcoin’s scalability limit as a data availability layer is tested.
- First and only ZK rollup that inscribes state differences along with the zero-knowledge proofs of the batches to Bitcoin.
- Only scalability solution to allow developers to build complex applications that inherit full Bitcoin security.
Making Bitcoin the Foundation for World’s Finance
Citrea’s vision is to build scalable infrastructure that advances Bitcoin into its next phase, the foundation for the World’s finance. Achieving this vision requires scaling Bitcoin blockspace to increase its transaction capacity and offer more expressivity and features without changing its consensus rules.
Today, Citrea Public Devnet goes live marking the first step in establishing Bitcoin as the base layer for a dynamic financial ecosystem. Developers who want to build on Citrea can now refer to its development guide and contact the team about their application ideas through the developer contact form.
Bridge to Citrea Public Devnet: Users can now engage with decentralized applications deployed on the Devnet by bridging test BTC from the custom Bitcoin signet to Citrea Public Devnet. Claiming funds from Citrea Public Devnet is trustless. This means that users can unilaterally get their funds back after 200 Bitcoin blocks when encountered a problem with their deposit. Although funds have no value in Devnet and Testnet stages, Citrea team has prioritized enabling their users to experience the trustless claiming feature.
Secure on-chain finance with Bitcoin!
About Citrea
Citrea is the first rollup that enhances the capabilities of Bitcoin blockspace with zero-knowledge technology, making it possible to build everything on Bitcoin. For more information, please visit: https://citrea.xyz/
Citrea technical docs: https://docs.citrea.xyz
View original content:https://www.prnewswire.co.uk/news-releases/announcing-citrea-public-devnet-for-developers-and-users-302163151.html
Blockchain Press Releases
Bybit x Block Scholes Derivatives Report Uncovers BTC Call Option Boom Amidst Election Uncertainty
DUBAI, UAE, Oct. 11, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, in collaboration with Blocks Scholes, is excited to unveil its latest crypto derivatives report. This insightful report explores the market’s response to recent price fluctuations and the backdrop of the upcoming U.S. election.
Key Insights:
Decline in BTC Options Implied Volatility: Surprisingly, implied volatility for Bitcoin (BTC) options has dropped, despite the looming U.S. election. Traditionally, market uncertainty would lead to increased volatility ahead of major events, like the much-anticipated BTC Spot ETF launch, making this a noteworthy deviation.
Surge in Call Option Volumes: BTC call option trading volumes have surged significantly in recent weeks, potentially signaling a shift towards a bullish market sentiment.
Muted Futures Activity: While futures trading saw positive momentum with early October’s market volatility, open interest has remained relatively subdued compared to pre-September expiration levels.
Spike in BTC Perpetual Swap Volumes: Open interest in BTC perpetual swaps remained stable; however, trading volumes surged in response to early October’s volatility spike, marking an important market movement.
Cautious Sentiment in ETH Options: Ethereum (ETH) options also saw a decline in implied volatility. Put option volumes have surpassed call volumes over the past week, suggesting traders are taking a more cautious stance regarding ETH’s future price movements.
Access the Full Report:
Gain deeper insights and explore the potential impacts on your crypto trading strategies by downloading the full report here: https://learn.bybit.com/crypto-insight/bybit-x-block-scholes-crypto-derivatives-analytics-report-oct-9-2024/
#Bybit / #TheCryptoArk /#BybitResearch
About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving over 50 million users. Established in 2018, Bybit provides 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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View original content:https://www.prnewswire.co.uk/news-releases/bybit-x-block-scholes-derivatives-report-uncovers-btc-call-option-boom-amidst-election-uncertainty-302273884.html
Blockchain Press Releases
Bybit Doubles Down on Rewards for Late Entrants of WSOT 2024 With New 100,000 Prize Pool
DUBAI, UAE, Oct. 11, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has announced another exclusive round of rewards for a limited time only, looking to incentivize late entrants to the World Series of Trading (WSOT) 2024 in the final registration phase.
Between now and Oct. 20, 10 AM UTC, eligible participants who join new WSOT squads with their Main or Subaccounts on Bybit stand the chance to unlock a fresh 100,000 USDT prize pool. This bonus pool, available just before the registration period ends, offers participants one last opportunity to boost their WSOT rewards. Notably, this prize pool is separate from the WSOT 2024’s total prize pool of 10,000,000 USDT.
This last-mile campaign comes on the heels of a successful 24-hour flash airdrop this week, during which 100,000 USDT was claimed by both new and existing participants in record time, underscoring the broad appeal of WSOT 2024 among the crypto community.
How to participate:
- Sign up for WSOT 2024 with your main account or Subaccount(s)
- Join a squad
- Achieve a minimum trading volume of $10,000 with the accounts to qualify
“We promised to keep the rewards flowing throughout WSOT 2024, and Bybit is delivering on that promise. With two sign-up campaigns targeting different trader segments in one week and additional bonus rewards for side events, WSOT 2024 is shaping up to be our most rewarding year yet,” said Joan Han, Sales and Marketing Director at Bybit.
The Flagship Crypto Trading Competition
Bybit has pioneered the format of crypto trading competitions and consistently raised the bar with organic growth of WSOT. Each year, the total prize pool, competition design, weighting system, diversity of challenges, and new elements continue to evolve to improve the fairness, competitiveness and enjoyability of WSOT. 2024 will see the largest prize pool in WSOT history plus exciting prizes such as luxury yachts, Rolex watches, exclusive trips and other enticing rewards.
WSOT is a platform for traders of all skill levels, with a strong emphasis on community. This year, WSOT will feature the decentralized platform for the first time with the launch of WSOT DEX Wave, which includes its own prize pool.
Follow the longest running and largest trading competition in crypto: WSOT 2024.
#Bybit / #TheCryptoArk / #WSOT2024
About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving over 50 million users. Established in 2018, Bybit provides 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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View original content:https://www.prnewswire.co.uk/news-releases/bybit-doubles-down-on-rewards-for-late-entrants-of-wsot-2024-with-new-100-000-prize-pool-302273994.html
Blockchain Press Releases
Crypto Content Creator Campus (CCCC) Unveils Star-Studded Speaker Lineup for Inaugural Event
DUBAI, UAE, Oct. 11, 2024 /PRNewswire/ — The Crypto Content Creator Campus (CCCC), the premier annual gathering for the crypto community, is thrilled to unveil its impressive lineup of confirmed speakers for the inaugural event taking place from November 8th to 10th in Dubai.
This powerhouse roster brings together leading figures in social media, marketing, finance, and the blockchain space, offering attendees unparalleled access to expert insights and invaluable industry connections.
Influencer Powerhouse Speakers:
Randi Zuckerberg, Founder & CEO, Zuckerberg Media and HUG: A pioneer in leveraging technology for social impact, Randi Zuckerberg will share her expertise on building a successful online presence and fostering meaningful connections in the crypto community.
Zach King, Top Global YouTuber: Renowned for his mind-bending illusions and captivating content, Zach King will offer creators unique strategies to capture attention, cultivate engagement, and stand out in the fast-paced digital landscape.
Humphrey Yang, TikTok Finance Influencer: A master of breaking down complex financial concepts into digestible, engaging content, Humphrey Yang will empower creators to navigate the world of crypto finance education with clarity and effectiveness.
Industry Leader Insights:
Kudzi Chikumbu, Ex-Global Head of Creator Marketing at TikTok: Kudzi Chikumbu brings a wealth of knowledge from the leading social media platform and as a successful creator himself. He will offer creators valuable insights into content strategies that resonate on TikTok and leverage its vast global reach.
Jon Youshaei, YouTube & Instagram Insider: With 8 years of experience at YouTube and Instagram, Jon provides a unique perspective on what it actually takes to grow your audience and income through social media. He’ll delve into creator best practices from his experience working at the world’s top social platforms and interviewing some of today’s biggest stars on his show, which has become a go-to source for creator education.
Venke Sharma, Global Head Product Strategy at Sprinklr: Leading product strategist Venke Sharma will shed light on emerging trends in content creation tools and technologies, equipping creators with the knowledge to stay ahead of the curve.
Stephanie Hind, Head of Top Creator Partnerships at Patreon and Ex-Head of Lifestyle and Education at TikTok: Stephanie Hind brings firsthand experience in shaping content trends on a massive platform. She’ll provide creators with actionable strategies for crafting content that resonates with specific audiences within the crypto community.
Quotes from Speakers:
Randi Zuckerberg: “I’m excited to join CCCC and share my insights on building a strong online voice and fostering impactful connections within the dynamic world of crypto.”
Zach King: “I’m looking forward to encouraging creators to break new ground, stretch their creativity, and captivate audiences with their unique content.”
Humphrey Yang: “Demystifying complex financial concepts for a new generation is crucial. I’m excited to share my experience and empower creators to educate audiences about the crypto space in a clear and engaging way.”
Registration for the Crypto Content Creator Campus is now open. Visit the official website to secure your spot at this groundbreaking event.
About Crypto Content Creator Campus (CCCC)
We are a team of industry experts and visionaries committed to shaping the future of content creation within the Web3 and crypto sphere. Driven by a shared passion for creating a high-value community, we’ve curated a campus that promises an experience unlike any other.
For more details about CCCC, please visit: https://www.cccc.buzz/
For inquiries, please contact: [email protected]
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View original content:https://www.prnewswire.co.uk/news-releases/crypto-content-creator-campus-cccc-unveils-star-studded-speaker-lineup-for-inaugural-event-302273983.html
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