Blockchain Press Releases
Milk Partners with AirAsia rewards to bring Web3 exclusive events in The Sandbox
“United for global expansion beyond borders and sectors.”
– MiL.k partnered with AirAsia rewards for global marketing collaboration and web3 exclusive events on The Sandbox.
– Plans to introduce MiL.k to global users through AirAsia rewards, a travel loyalty program with over 33 million members globally, and The Sandbox, one of the most representative metaverse platforms in the world.
– MiL.k will continuously discover its use cases satisfying both partners and users through the differentiated marketing activities.
KUALA LUMPUR, Malaysia, July 11, 2024 /PRNewswire/ — For advancing the Web3 era, leaders of each industry had decided to establish a transcendent cooperative partnership.
Milk Partners, the operating company of the blockchain based loyalty integration platform “MiL.k”, announced a global marketing collaboration on 11th with Asean’s leading travel rewards program “AirAsia rewards” and “The Sandbox”, the global metaverse platform with over 5 million users globally.
On 20th June (Thursday), Jungmin Cho, CEO of Milk Partners, Nicole Tan, Head of AirAsia rewards, and George Wong, country manager of The Sandbox Malaysia and SEA Partnerships attended the announcement of global marketing partnership at AirAsia MOVE office in Kuala Lumpur, Malaysia.
Through this partnership, the three companies have committed to actively collaborate in co-marketing initiatives, targeting global users to participate in metaverse events and offering rewards to those participants.
This collaboration between the three companies has been made based on the reliability and global network of MiL.k, which has established its presence as the innovation model in the loyalty market, by expanding its partnership with major global partners.
MiL.k is a blockchain based service that can exchange points or mileage of various companies with Milk Coin. It is providing the point exchange service by partnering with major players in Korea such as SK OK Cashbag (SK Group’s loyalty platform), Lotte L.Point (Lotte Group’s loyalty platform), CU, Megabox (Representative theater), Yanolja (No.1 OTA), Jinair (LCC of Korean air), Dailyhotel (Premium OTA) and overseas partners like AirAsia (Global airline) and GetPlus (loyalty coalition of Djarum Group).
AirAsia rewards run a comprehensive loyalty platform for the entire AirAsia group of companies to power its synergistic travel and lifestyle businesses such as airlines, online travel agent (OTA), logistics, aviation services, e-commerce, financial services, and more. The rebranded travel app – AirAsia MOVE (formerly known as AirAsia Superapp), is an all-in-one travel platform that allows users to book flights, hotels, and plan trips effortlessly.
The Sandbox is a metaverse platform that provides unique and immersive blockchain experiences to users and supports them to freely generate profits through creations. It is actively collaborating with more than 800 major global companies, including △Adidas △ Warner Music Group △ Gucci, etc.
Jungmin Cho, CEO of Milk Partners said “We will provide the new marketing channels to the partners and develop its use case to provide real benefits to users. As much as we build more use cases, MiL.k will build great references and it will lead MiL.k to be informed and approached to global users easily.”
Nicole Tan, Head of AirAsia rewards, said, “In 2022, we launched a partnership between AirAsia rewards and MiL.k, enabling members to exchange their AirAsia points and Milk Coins. With the extended collaboration now including The Sandbox, we expect to offer unique and innovative member engagement initiatives in the metaverse. This demonstrates our ongoing commitment to provide an enhanced and more satisfying point experience to our members.”
George Wong, country manager of the Sandbox Malaysia and SEA Partnerships, said “This collaboration is a true manifestation of the collaborative spirit in Web3. We are extremely excited that a Malaysian and regional institution like AirAsia rewards is being supported by someone as innovative as MiL.k to develop truly engaging experiences in The Sandbox. Personally, I can’t wait to see what innovation this partnership between MiL.k and AirAsia rewards would deliver and it’s something I believe will be looked forward to by fans in Southeast Asia and beyond.”
On another note, MiL.k recently launched ‘play CU X MiL.k’, the co-marketing activity with CU and The Sandbox, continuing its collaboration expansion with various global partners.
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Blockchain Press Releases
Bybit Expresses Deep Gratitude as Crypto Industry Unites Against Security Threats
DUBAI, UAE, Feb. 22, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, extends its heartfelt thanks to the global crypto community for the overwhelming support received in the wake of a recent security incident. This unprecedented show of solidarity has not only reinforced Bybit’s resilience but has also laid the foundation for stronger industry-wide measures to counter and prevent future hacking incidents. From institutional liquidity providers to leading blockchain security firms, the swift and coordinated response has exemplified the strength of the Web3 community.
A United Front Against Threats
As soon as the incident was detected, Bybit’s security team took immediate action—locking down systems, securing funds, and collaborating with top cybersecurity experts. The exchange received overwhelming support from key players across the industry, all working together to track, contain, and mitigate the impact of the exploit.
Ben Zhou, Co-Founder and CEO of Bybit, expressed his gratitude:
“It’s been a challenging period for Bybit, but one thing is clear—our partners have our backs. The support from Antalpha Global, Bitget, Pionex, MEXC, SoSoValue, Galaxy Digital, FalconX, Lido Finance, Solana Foundation, Ton Foundation, Ghaf Capital, Fenbushi, Bitvavocom, Tether and many others has been nothing short of incredible. Your trust, quick action, and solidarity mean everything. We’re moving forward, stronger and more determined than ever. Thank you for standing with us.”
Industry Leaders Take Immediate Action
Several major players in both DeFi and CeFi swiftly mobilized to prevent further movement of stolen funds and uphold market stability:
- Orbiter, deBridge, SynFutures, MYX, Thruster and Owlto blacklisted exploit-related addresses, preventing unauthorized transfers.
- Chainalysis rapidly tracked and published the exploiter’s wallet addresses, enabling a coordinated industry-wide response.
- SIS cross-chain bridge stepped up to block associated addresses, restricting the attacker’s ability to launder assets.
- Zero Shadows activated its 24/7/365 Global Response team, collaborating closely on Bad Actor Tracing and Identification, Funds Tracing, and Law Enforcement Communications to support the investigation and recovery efforts.
- Institutional clients, including TMSI, Bayside trading, Mathrix, Wintermute, Cumberland, GSR Markets, maintained their trading positions, reinforcing stability amid uncertainty.
“Their trust in us, despite the circumstances, speaks volumes about the maturity and resilience of this industry,” Ben added. “It shows a defining moment that proves crypto’s strongest players stand together when it matters most.”
A Community That Stands Together
Bybit also acknowledged the unwavering support from its VIP clients, traders, and broader user base. Messages of encouragement and patience from the community have been instrumental as the exchange works around the clock to enhance security measures and safeguard funds.
“While this has been a difficult moment, it is also a powerful reminder of why we are here—to build an open, resilient, and decentralized financial future,” Ben said. “The real work has just started, and with this level of unity in this space, we know we’ll come back even stronger.”
Bybit remains committed to transparency and will continue to provide updates as it implements additional security enhancements. The exchange is working closely with industry leaders to set new standards for crisis management, ensuring the safety and trust of its users while strengthening the broader industry’s defenses against future threats.
#Bybit / #TheCryptoArk
//ENDS
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 updates, please follow: Bybit’s Communities and Social Media
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Blockchain Press Releases
DEX Platform DeriW Officially Debuts at the ‘Connecting Legends’ Event in Hong Kong
HONG KONG, Feb. 22, 2025 /PRNewswire/ — DeriW, powered by CoinW, celebrated the official product launch of its cutting-edge gas-free, decentralized perpetual exchange. The CoinW-hosted event took place at the prestigious The Henderson-Cloud 39 rooftop ballroom in Central Hong Kong during the ‘Connecting Legends’ after-party.
This landmark event brought together 400 leading figures from the cryptocurrency sector. It included crypto leaders, innovative projects, key opinion leaders (KOLs), and affiliates.
Interactive Fun and Airdrop Rewards
The evening began with an engaging short video showcasing DeriW as the pinnacle of trading platforms developed by the seasoned experts at CoinW.
Julia, Head of Marketing at DeriW, captivated the audience by outlining the core advantages of DeriW. She presented its vast opportunities available to traders and affiliates. There was also a sneak peek provided into the eagerly anticipated testnet launch.
Another highlight of the evening was a unique interactive event, designed to engage participants and give them a firsthand experience of DeriW’s user-centric platform.
Attendees had the opportunity to participate in various activities, and winners were rewarded with $USDT airdrops, which will be distributed following the platform’s mainnet launch.
Designed for the Future
DeriW sets itself apart by combining the robust security measures of traditional finance with the innovative flexibility of decentralized networks. At its core, DeriW utilizes state-of-the-art Layer 3 technology on Arbitrum Orbit.
This allows it to process up to 80,000 transactions per second without incurring gas fees.
Its technical prowess promises to deliver an unparalleled trading experience that is both cost-effective and exceptionally fast, catering to the needs of both novice and professional traders.
The launch was not only a celebration but also a forward-looking gathering that set the stage for the upcoming testnet phase of DeriW.
This phase is crucial as it allows users to evaluate the platform’s functionalities and provide necessary feedback.
It ensured that DeriW meets community standards and expectations before its full official rollout.
DeriW Ecosystem: A World of Opportunities
Following the Product Launch, DeriW invites Projects and Affiliates to take advantage of opportunities within the DeriW Ecosystem.
Affiliates can benefit from high commission rates of up to 50% and trading rebates for bringing in new traders, while Projects can make use of ample liquidity, token listing opportunities and extensive support for a successful product launch.
Stay Connected
DeriW is committed to transparency and community engagement.
Its official product launch is just the beginning of what promises to be a revolutionary journey in the world of cryptocurrency trading.
For those interested in DeriW’s latest developments and participating in its testnet:
- Follow them on Twitter: @deriwfi
- Visit their official website: www.deriw.com
- Join DeriW Community: https://t.me/deriwfinance
- Discord: https://discord.com/invite/deriwfinance
Join DeriW on this exciting journey to transform the digital finance landscape, one transaction at a time.
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Blockchain Press Releases
AB Set to Launch on BingX Exchange, Further Expanding Global Trading Channels
SINGAPORE, Feb. 22, 2025 /PRNewswire/ — AB DAO has officially announced that the AB token will soon be listed on BingX Exchange, with an official announcement to follow upon listing. This move will further expand global trading channels, enhance liquidity, and accelerate the worldwide growth of the AB ecosystem. This milestone will provide users with a seamless and secure trading experience while driving broader adoption of AB in the Web3 space.
As a leading global cryptocurrency exchange, BingX offers a secure and efficient trading environment for users worldwide. The listing of AB on BingX will enable more users to trade, invest, and actively participate in the AB ecosystem.
This listing is an important step in AB DAO’s global expansion strategy, with AB tokens set to be integrated into more major exchanges in the near future, expanding its use cases and accelerating ecosystem growth.
Additionally, investors can also trade $AB on HTX (htx.com), MEXC (mexc.com), and 4E (eeee.com). Furthermore, BitMart (bitmart.com) is also set to list the AB trading pair soon, providing even more trading opportunities for global investors.
Stay Updated on AB DAO
- Official Website: https://ab.org
- Telegram Community: https://t.me/Newtonproject
- Telegram Channel: https://t.me/AB202528
- X (Twitter): https://x.com/ABDAO_Global
- Discord: https://discord.gg/BSbgK6J
- Medium: https://medium.com/@AB.org
View original content:https://www.prnewswire.co.uk/news-releases/ab-set-to-launch-on-bingx-exchange-further-expanding-global-trading-channels-302382794.html
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