Blockchain Press Releases
HTX Ventures Invests in Avail to Support Key Infrastructure Development
SINGAPORE, June 12, 2024 /PRNewswire/ — In a move that underscores its commitment to broadening the reach and usability of Web3 technologies, HTX Ventures, the global investment arm of the cryptocurrency exchange HTX, has announced a strategic investment in Avail, a modular blockchain solution designed to unify Web3 and optimize data availability (DA) for scalable and customizable applications.
Avail DA provides decentralized infrastructure for developers to quickly build and scale modern blockchain applications. By inheriting security from the base layer through rollups and extending restaking to include multiple assets, such as BTC and ETH, it aims to provide ample security for the thousands of rollups built on top.
Edward, Managing Partner at HTX Ventures, shared his investment insights: “The Avail team possesses exceptional technical capabilities, and Avail DA is one of the fastest and most cost-effective data availability solutions in the market right now. By combining their data availability layer with cross-chain interoperability and the robust security provided by Avail Nexus & Avail Fusion, Avail is building the unification layer for Web3. HTX Ventures is excited to support Avail on this journey and participated in the recently announced $43M Series A fundraise alongside Founders Fund & Dragonfly.”
“This Series A funding marks a pivotal moment for Avail as we strive to build the permissionless unification layer for Web3,” said Anurag Arjun, Co-founder of Avail. “With this new capital, we are poised to accelerate our development, expand our global presence, and continue to address the most critical challenges facing Web3 today, such as blockchain fragmentation, insufficient data availability, and limited scaling. Additionally, it will help foster partnerships and collaborations with other players across the entire Web3 ecosystem, which is mission-critical for Avail’s success.”
Recently, Avail has crossed a major milestone in its incentivized testnet, “Clash of Nodes,” with nearly 110,000 total accounts created, and 116 million transactions processed — ahead of its upcoming mainnet due to be launched in the next few weeks. HTX Ventures is excited to support prominent projects like Avail that are building solid infrastructure to enable a user-friendly decentralized future.
About Avail:
Avail is led by Polygon’s former co-founder Anurag Arjun and is building a unification layer to solve rollup fragmentation at scale. Avail addresses this from first principles solving blockchain scalability with Avail DA, a foundational DA layer which implements the same technology planned for Ethereum’s danksharding roadmap, including KZG Commitments and Data Availability Sampling (DAS). Avail Nexus addresses growing fragmentation concerns with permissionless interoperability, leveraging proof aggregation on Avail’s scalable DA layer. Avail’s security is then reinforced with multi-asset staking through Avail Fusion. Start your unification journey today at availproject.org
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 300 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 Dragonfly, Bankless, Gitcoin, Figment, and Animoca. Visit us here.
Contact Details
Michael Wang
[email protected]
Company Website
https://www.htx.com/en-us/ventures
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View original content:https://www.prnewswire.co.uk/news-releases/htx-ventures-invests-in-avail-to-support-key-infrastructure-development-302170911.html
Join us in our 10th-anniversary celebrations – special campaigns every week!
bitFlyer Europe S.A. is launching 17 new crypto-assets over the next four weeks to celebrate 10 successful years of the bitFlyer Group. Each week we will launch a new crypto-assets campaign and each week you can win exciting prizes! Our first campaign started September 26, 2024 with the launch of Axie Infinity (AXS), Decentraland (MANA), Immutable (IMX), and The Sandbox (SAND)!
Here is our campaign calendar** for the next three weeks:
- Week 2 (October 3, 2024: ApeCoin (APE), Chilliz (CHZ), Ripple (XRP), Palette Token (PLT).
- Week 3 (October 10, 2024): Avalanche (AVAX), Mask Network (MASK), The Graph (GRT), Chainlink (LINK).
- Week 4 (October 17, 2024): Flare (FLR), Symbol (XYM), Nem (XEM), Dogecoin (DOGE), and Shiba Inu (SHIB).
* Visit our 10th-anniversary site for more details. (https://bitflyer.com/en-eu/s/lp/10th-anniversary). Terms and conditions apply.
** The listing schedule is subject to change.
“These new crypto-assets not only allow customers to benefit from a more diverse environment for their investments but also gives them the opportunity to participate in cutting-edge web3 projects,” said Ms Ami Nagata, CEO of bitFlyer Europe.
“With a firm foundation in Japan and a strong regional presence in Luxembourg, bitFlyer serves a large loyal customer base that reflects its global reach. bitFlyer is truly glocal,” added Mr Yuzo Kano, founder and CEO of the bitFlyer Group.
How to Create an Account: If you are not already using our market
If you are not already using our market leading services, you can create an account and start your crypto journey with bitFlyer today. Visit our website or download the bitFlyer App on iOS and Android.
The post Join us in our 10th-anniversary celebrations – special campaigns every week! appeared first on HIPTHER Alerts.
Blockchain Press Releases
Crypto Derivatives Market Rebounds Amid Positive Sentiment, Bybit x Block Scholes Report Finds
DUBAI, UAE, Sept. 27, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, in collaboration with Block Scholes, a renowned quantitative finance firm, has released its latest crypto derivatives analytics report. The report provides a comprehensive analysis of the crypto market’s response to the Federal Reserve’s recent rate cut and highlights key trends in futures, options, and perpetual contracts.
Following the 50 basis point rate cut on September 18, 2024, both spot and derivatives markets have exhibited positive sentiment. Bitcoin (BTC) and Ethereum (ETH) have seen price increases, while open interest in futures and perpetual swaps remains high. Funding rates have generally been positive, and BTC call open interest has gradually risen. Additionally, the volatility smile has expanded for both BTC and ETH calls, indicating increased investor optimism.
Key Findings from the Report:
- Futures Market: While futures trade volumes have declined, open interest remains resilient, suggesting traders are maintaining their positions.
- Perpetual Swaps: Perpetual swap open interest and trading volumes have remained relatively stable, indicating consistent trader activity.
- Options Market: BTC options activity has favored puts over calls, but open interest for calls is slowly recovering. Implied volatility for short-tenor options has fallen since the Fed’s rate cut, indicating growing bullish sentiment.
Bybit remains committed to providing its users with comprehensive market analysis and tools to help them make informed trading decisions.
For more information and to download the full report, please visit: https://learn.bybit.com/crypto-insights/bybit-x-block-scholescrypto-derivatives-analytics-report-sep-25-2024/
#Bybit / #TheCryptoArk
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/crypto-derivatives-market-rebounds-amid-positive-sentiment-bybit-x-block-scholes-report-finds-302261056.html
DUBAI, UAE, Sept. 27, 2024 /PRNewswire/ — Bybit, the world’s second-largest crypto exchange by trading volume, is excited to invite users in Argentina to unlock early-bird access to the physical Bybit Card. As part of its ongoing efforts to reach more retail consumers and investors, Bybit reaffirms its commitment to becoming the go-to crypto destination in South America’s second-largest economy by GDP.
Building on the resounding success of its virtual card launch in July, the issuer is seeking to benefit more users with the introduction of the physical, Bybit-branded Mastercard debit card. Eligible applicants will be among the first to get hold of the card before it becomes available to the general public in Argentina.
During the pre-registration period, the physical card will be issued free of charge for a limited time only. The new offer echoes the success of the virtual card, with over 75% of Bybit’s Argentinian users rushing to apply within the first two months. Users who have yet to sign up may apply for the virtual Bybit Card for a chance to enjoy 30,000 ARS in cashbacks for the first 100 USDT deposit.
“While consumers are no longer tied to traditional brick-and-mortar banks, we recognize many users’ preference for a physical card for the additional peace of mind. We are doing our best to meet the popular demands of our Argentinian community by offering better, faster, and more secure everyday solutions to help them off-ramp crypto assets, one step at a time,” said Joan Han, Sales and Marketing Director of Bybit.
The Bybit Card is available in select markets and has quickly become a preferred solution for users looking to safely expend their digital assets, including BTC, ETH, USDT, TON, and other tokens. It provides reliable and instant access to crypto, eliminating the hassle of complex on- and off-ramp processes. With just a swipe, Bybit Card holders can make payments and purchases at over 90 million merchants worldwide through the Mastercard network. The Bybit Card also comes loaded with benefits, regular and special rewards, with no annual fees or hidden charges.
Apply now to get ahead of the curve. Terms and conditions apply.
#Bybit / #TheCryptoArk
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/pre-registration-open-for-physical-bybit-card-in-argentina-302261004.html
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