Blockchain Press Releases
Bitget Strengthens Partnership with Ethena by Supporting USDe in Earn Offerings and Futures Collateral
VICTORIA, Seychelles, June 20, 2024 /PRNewswire/ — Bitget, the world’s leading cryptocurrency exchange and Web3 company, announced the expansion of the partnership with Ethena, a synthetic dollar protocol developed on the Ethereum blockchain, to introduce its synthetic USDe into services such as Bitget Savings and Coin-Margined (Coin-M) Contracts.
Created by Ethena Labs, USDe is a synthetic dollar that aims to provide a censorship-resistant, stable, and scalable digital asset. Since its inception, USDe has seen its supply skyrocket to over 3.5 billion, with more than 215,000 users. This surge in supply and user adoption signals a significant milestone for USDe in the digital currency realm.
With this new integration, Bitget users can now leverage USDe as a collateral asset to trade coin-margined perpetual futures or as a savings product, both offering an attractive 15% APR. Additionally, Earn product users will benefit from using USDe for both fixed and flexible savings subscriptions, each up to $200,000, creating opportunities for substantial interest gains.
This partnership also broadens the range of trading strategies available, catering to the diverse needs of every Bitget user. Using USDe as yielding margin collateral or through savings greatly enhances capital efficiency by enabling users to expect a different return profile for their assets. Bitget users are the first in the space to benefit by potentially receiving a yield from their stable derivatives margin collateral.
Bitget Savings is one of the Bitget Earn offerings and works similarly to savings in traditional finance. Bitget Savings acts as a backstop for uncertainties and volatilities found in crypto, offering a low-risk financial product similar to traditional savings, tailored for the crypto market with Fixed Savings and Flexible Savings.
“Our decision to team up with Ethena was driven by their pioneering approach to creating scalable, censorship-resistant synthetic dollars, which aligns perfectly with our mission to provide our users with reliable and cutting-edge financial solutions. Bitget is set to enhance its multifaceted collaborations with Web3 innovative projects, further bolstering the Bitget ecosystem. This initiative underscores Bitget’s commitment to investing in and developing a robust ecosystem as part of its long-term strategic vision,” says Gracy Chen, CEO at Bitget.
“Ethena’s integration with Bitget marks another significant step forward in expanding access to USDe and creating new use cases for the asset,” said Guy Young, CEO and Founder of Ethena Labs. “From saving to collateral, If traders are using stable assets instead of USDe for basically any function, they are missing out on substantial value – and in continuing to form partnerships with the world’s largest exchanges, our goal is to ensure that no trader has to forgo that value any longer.”
For more information about USDe trading at Bitget, please, visit the official website page.
About Bitget
Established in 2018, Bitget is the world’s leading cryptocurrency exchange and Web3 company. Serving over 25 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 Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team).
For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet
About Ethena Labs
Founded in 2023, Ethena Labs is a research, development, and engineering firm building infrastructure supporting the first-ever scalable synthetic dollar alongside a value-accruing “Internet Bond”. The firm is backed by Dragonfly Capital, Arthur Hayes’ family office Maelstrom, and every major crypto futures exchange including incubation from Binance Labs, Bybit, OKX, Deribit, Kraken, Gemini, and other leading investment firms including Franklin Templeton, a venture fund of Fidelity Investments and Brevan Howard Digital. The Ethena Labs team brings deep experience from both traditional finance and crypto, including from firms such as Cerberus, Wintermute, Flow Traders, Paradigm, Deribit, Lido, and Goldman Sachs.
For more information, visit the official website.
View original content:https://www.prnewswire.co.uk/news-releases/bitget-strengthens-partnership-with-ethena-by-supporting-usde-in-earn-offerings-and-futures-collateral-302177937.html
Blockchain Press Releases
Super Seven: BingX Unveils $2.2M Anniversary Campaign With Games and Giveaways
PANAMA CITY, April 24, 2025 /PRNewswire/ — BingX, a global leading cryptocurrency exchange, is excited to launch its Super Seven anniversary celebration with a special campaign featuring a total prize pool of $2.2 million. To commemorate this milestone, BingX is unveiling five interactive activities designed to engage both new and existing users through games, trading competitions, and social challenges. Running from April 24 at 00:00 (UTC+8) to May 26 at 18:00 (UTC+8), this month-long celebration promises a full month of fun, rewards, and community spirit.
The festivities begin with a daily BTC Token Merge Game, giving users the chance to test their speed and luck for a share of the $1 million prize pool. Additional activities include solo and team trading competitions, together with a dynamic referral contest. Surprise-filled mystery boxes will be delivered on May 20. Each event offers unique ways to earn through trading performance, social engagement, or simply showing up and playing.
Whether you’re a seasoned trader or just getting started, the Super Seven anniversary carnival offers something for everyone. With flexible participation formats and inclusive entry criteria, even first-time users can win—especially by inviting three or more friends to join BingX.
“Our 7th anniversary is not just a celebration — it’s a heartfelt thank you to the incredible community that has grown with us,” said Vivien Lin, Chief Product Officer at BingX. “From day one, our users have been at the heart of everything we do. This year’s campaign is our way of giving back — with fun, rewards, and shared joy. Beyond the festivities, we are also working on a major evolution of our product offerings to empower our users with even more tools, assets, and opportunities. Stay tuned, this is just the beginning of what is to come.”
As BingX continues its journey into the future of digital finance, this anniversary campaign is a reminder of what sets the platform apart — user-first vision, innovative engagement, and a commitment to making trading more rewarding for everyone.
About BingX
Founded in 2018, BingX is a leading crypto exchange, serving over 20 million users worldwide. BingX offers diversified products and services, including spot, derivatives, copy trading, and asset management – all designed for the evolving needs of users, from beginners to professionals. BingX is committed to providing a trustworthy platform that empowers users with innovative tools and features to elevate their trading proficiency. In 2024, BingX proudly became the official crypto exchange partner of Chelsea Football Club, marking an exciting debut in the world of sports.
For more information please visit: https://bingx.com/
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View original content:https://www.prnewswire.co.uk/news-releases/super-seven-bingx-unveils-2-2m-anniversary-campaign-with-games-and-giveaways-302437078.html
Blockchain
Blocks & Headlines: Today in Blockchain – April 23, 2025 – EDPB, Binance, MicroCloud, Nile Coin, TruaBroker
Welcome to Blocks & Headlines, your daily op-ed–style briefing on the most significant developments in blockchain technology and the cryptocurrency industry. Today’s dispatch spotlights landmark privacy guidelines from the European Data Protection Board, Malaysia’s engagement with Binance’s founder to turbocharge digital finance, a groundbreaking blockchain reconstruction solution from MicroCloud Hologram, the impending launch of Nile Coin on Solana by Hyperscale Data’s subsidiary BitNile.com, and Trua’s AI-driven TruaBroker compliance platform. These stories underscore how regulation, infrastructure innovation, token launches, and compliance automation are shaping Web3’s next chapter.
1. EU’s Privacy Guardrails: EDPB Proposes Blockchain Data Access Guidelines
Source: Decrypt
The European Data Protection Board (EDPB) has published draft guidelines aimed at reconciling blockchain’s immutable architecture with GDPR’s privacy mandates. Key directives include avoiding on-chain storage of personal data when it conflicts with Data Protection by Design and by Default, conducting Data Protection Impact Assessments (DPIAs) for high-risk processing, and implementing organizational and technical measures to limit default data access to an “indefinite number of persons” Decrypt.
Op-Ed Insight:These guidelines mark a pivotal moment. By mandating privacy-by-design and off-chain anchoring of sensitive information, the EDPB effectively pressures projects to adopt hybrid architectures—where on-chain transparency coexists with off-chain confidentiality. While defenders of pure decentralization decry potential censorship, privacy advocates hail these guardrails as essential to prevent authoritarian misuse of immutable ledgers. Ultimately, projects that bake data protection into their smart contracts and storage layers will secure both regulatory compliance and user trust.
2. Malaysia Taps Binance’s CZ for a Blockchain Finance Overhaul
Source: Bitcoin News
Malaysian Prime Minister Anwar Ibrahim has initiated high-level discussions with Changpeng Zhao (CZ), Binance’s founder and former CEO, to position Malaysia as Southeast Asia’s preeminent hub for tokenization and digital finance. The dialogue focuses on leveraging blockchain to modernize capital markets, streamline cross-border payments, and foster regulatory sandboxes that attract global Web3 startups Beamstart.
Op-Ed Insight: Engaging CZ signals Malaysia’s ambition to leapfrog legacy financial architectures by importing Binance’s exchange expertise and compliance playbooks. Yet success hinges on crafting balanced regulations that encourage innovation without compromising investor protection. If Malaysia can marry CZ’s technical insights with proactive oversight—such as clear licensing pathways for decentralized exchanges—it could catalyze a shift in regional capital flows from traditional finance hubs like Singapore to Kuala Lumpur.
3. MicroCloud Hologram’s VSS-Powered Blockchain Reconstruction Solution
Source: PR Newswire
MicroCloud Hologram Inc. (NASDAQ: HOLO) unveiled an innovative blockchain reconstruction solution that employs Verifiable Secret Sharing (VSS) technology to split and distribute private key shares across distributed nodes. Four core components—VSS-based key sharding, redundant node storage, dynamic participant verification, and incentive-driven reward/penalty mechanisms—enable rapid, trustless restoration of blockchain data integrity following attacks or node failures PR Newswire.
Op-Ed Insight: As DeFi and on-chain finance proliferate, uninterrupted availability and data consistency have become paramount. MicroCloud’s VSS approach transforms reconstruction from a centralized recovery process into a decentralized protocol, minimizing reliance on any single custodian. This paradigm could redefine disaster-recovery benchmarks: imagine an exploited smart contract whose state is instantly rebuilt through pre-sharded secrets, preserving transactional continuity without manual key escrow.
4. BitNile.com to Launch Nile Coin on Solana Blockchain
Source: GlobeNewswire
Hyperscale Data, Inc. (NYSE American: GPUS) announced that its social gaming subsidiary BitNile.com will launch Nile Coin on Solana on May 1, 2025. Solana’s high throughput and low fees position it as an optimal platform for BitNile’s gaming ecosystems, where Nile Coin will fuel in-game economies, reward completions, and facilitate peer-to-peer transactions. Further details on tokenomics and utility are expected in the coming weeks GlobeNewswire.
Op-Ed Insight: While new token launches are ubiquitous, Nile Coin’s Solana-native design leverages one of the fastest blockchains for scalable micro-transactions—a critical requirement for social gaming. Success will depend on robust token utility, partnership integrations, and community incentives. If BitNile.com can embed Nile Coin across multiple entertainment verticals (e-sports, virtual concerts, NFTs), it could ignite a network-effect flywheel, bolstering both user engagement and on-chain liquidity.
5. TruaBroker: Automating Compliance with AI-Powered Trust Credentials
Source: PR Newswire (via Benzinga)
Trua, a leader in digital trust credentials, launched TruaBroker
, a cloud-based platform that automates compliance for broker-dealers and Registered Investment Advisors. Built on Trua’s patented Continuous Evaluation engine, TruaBroker delivers real-time monitoring of FINRA, SEC, and NFA records; identity verification; and continuous credential checks—all without IT integration. Its AI algorithms flag licensing gaps, disciplinary histories, and civil actions, enabling firms to maintain audit readiness and mitigate risk proactively Benzinga.
Op-Ed Insight: In an era when on-chain transactions intersect with regulated financial activities, seamless compliance is non-negotiable. TruaBroker’s model—issuing reusable, verifiable digital credentials anchored by blockchain—offers a blueprint for how KYC/AML processes can evolve into dynamic, trustless workflows. As DeFi platforms eye tokenized securities and on-ramps, integrating similar continuous-evaluation mechanics could become a competitive differentiator, blending self-sovereign identity with regulatory assurance.
Conclusion
Today’s headlines illustrate blockchain’s multifaceted evolution: from regulatory frameworks enforcing privacy and consumer rights, to infrastructure innovations that ensure resilience; from national strategies enlisting industry titans to drive tokenization, to platform launches forging new digital economies; and from compliance automation transforming institutional trust to AI-powered credentialing.
As the space matures, successful projects will be those that:
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Embed privacy and compliance by design—aligning with GDPR and global regulations.
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Invest in self-healing architectures—leveraging cryptographic primitives like VSS.
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Cultivate vibrant token ecosystems—anchored on high-performance chains.
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Adopt continuous, AI-driven governance—bridging the gap between Web3 innovation and traditional financial oversight.
Stay tuned to Blocks & Headlines for incisive commentary and daily updates on the blockchain stories that shape tomorrow’s decentralized future.
The post Blocks & Headlines: Today in Blockchain – April 23, 2025 – EDPB, Binance, MicroCloud, Nile Coin, TruaBroker appeared first on News, Events, Advertising Options.
Blockchain Press Releases
Compass Mining Partners with NiceHash to Provide Discounted Pool Fees to Customers
WILMINGTON, Del., April 23, 2025 /PRNewswire/ — Compass Mining, a leading provider of Bitcoin mining hardware, hosting, and operational solutions, today announced a new partnership with NiceHash, one of the world’s most popular hashpower marketplaces, to offer special discounted mining pool fees to Compass Mining customers.
This collaboration marks the beginning of Compass Mining’s broader initiative to bring added value to its community by securing competitive advantages in pool partnerships—starting with NiceHash. Through the agreement with NiceHash, Compass Mining users will gain access to specially negotiated pool fee rates, enhancing their mining profitability and overall operational efficiency. This partnership leverages Compass Mining’s substantial hash rate, offering NiceHash increased activity, while in return, Compass Mining customers benefit from reduced fees.
“Our mission is to make Bitcoin mining accessible and cost-effective for everyone,” said Kris Bakker, Head of Account Management at Compass Mining. “By partnering with NiceHash, we’re helping miners not only access top-tier infrastructure but also unlock better economics at the pool level by leveraging our significant hash rate to secure more favorable fee structures. This mutually beneficial collaboration empowers our customers while deepening collaboration across the mining ecosystem.”
As part of the partnership, NiceHash will list Compass Mining as a preferred hosting partner, increasing visibility among miners seeking reliable hosting options. The collaboration is mutually beneficial: Compass Mining customers enjoy lower costs, while NiceHash attracts new miners through greater exposure.
“You are who you surround yourself with. At NiceHash we want to surround ourselves with reputable companies, such as Compass Mining,” said Marko Tarman, Lead Mining Manager at NiceHash. “This partnership is a win for NiceHash, Compass Mining and most importantly, a win for our shared users.”
Compass Mining is committed to exploring further partnerships to enhance customer profitability and operational efficiency. To stay informed on new partnerships for Compass Mining customers, follow Compass Mining’s newsletter, podcast, and social media channels.
About Compass Mining
Compass Mining is a customer-first company that provides a platform for individuals and businesses to purchase Bitcoin mining hardware, host machines, build and manage mining facilities, and access a range of ancillary services. With a commitment to exceptional customer support and transparency, Compass Mining sets the benchmark for bitcoin mining hosting. Its mission is to make Bitcoin mining accessible to everyone. To learn more about Compass Mining or to start mining today, visit compassmining.io.
About NiceHash
NiceHash is more than a mining pool – It is the world’s largest hashrate marketplace, connecting buyers and miners. Based and fully regulated in Switzerland, NiceHash has been at the forefront of crypto mining since 2014. With a full suite of software and tools for optimizing big mining operations, custom firmware, lightning network support, and automated payouts, NiceHash is home to many miners that sell their hashrate. Follow NiceHash on X for the latest news and updates @NiceHashMining. Contact a representative at [email protected]. Website: www.nicehash.com.
Media Contact
BlocksBridge Consulting
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View original content:https://www.prnewswire.co.uk/news-releases/compass-mining-partners-with-nicehash-to-provide-discounted-pool-fees-to-customers-302435335.html
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