Blockchain Press Releases
Bybit Web3 Announces Upcoming IDO for LayerNet, a Pioneering Telegram-Based Play-to-Earn Game

DUBAI, UAE, July 18, 2024 /PRNewswire/ — Bybit, the world’s second-largest web3 platform by trading volume, today announced an upcoming Initial DEX Offering (IDO) for LayerNet ($NET) on its Web3 platform. This will be Bybit Web3’s first IDO after successfully refreshing and launching its IDO 2.0 offering, with an industry-first refund policy and new game and reward mechanics.
LayerNet: Building the Gaming Layer on Telegram
LayerNet introduces an innovative concept – a gaming layer built directly on Telegram. Through Netcoin, their flagship play-to-earn (P2E) game, users can compete against AI opponents and earn rewards. $NET serves as the primary utility token within the LayerNet ecosystem, powering in-game transactions and functionalities.
“LayerNet is committed to building the Gaming Layer within the TON ecosystem, aiming to provide users with a unique gaming experience. Its flagship product, NetCoin, is a mini-game that allows users to easily earn rewards with a click, gaining points through simple actions.”
“NetCoin is just an appetizer. LayerNet’s future plans include building the L2 network for TON and designing an SDK for game development. This will enable deeper integration of the TON blockchain features with Telegram’s extensive user base in gaming,” said Alex, COO of LayerNet.
IDO Stages (All timings are in UTC)
- Subscription Period: 18 July 2024, 10AM to 25 July 2024, 10AM
- Lottery Draw: 25 July 2024, 10AM to 25 July 2024, 10.15AM
- Redemption: 25 July 2024, 10.15AM to 26 July 2024, 10AM
- First Come First Serve Round (FCFS): 26 July 2024, 10.10AM to 26 July 2024, 11.10AM
Token Details
- Token: $NET
- Total Allocated to Bybit IDO: 15,000,000
- Total Supply: 800,000,000
- Chain: ETH
Eligibility Requirements
- Users must hold a Bybit Cloud Wallet to participate in the IDO. Please ensure that there is enough gas fee for transactions.
- Maximum number of winners: 1,500
For detailed information on the IDO process and eligibility requirements, please visit the Bybit Web3 page: https://www.bybit.com/en/web3/ido
#Bybit / #TheCryptoArk / #BybitWeb3
About Bybit Web3
Bybit Web3 is redefining openness in the decentralized world, creating a simpler, open, and equal ecosystem for everyone. We are committed to welcoming builders, creators, and partners in the blockchain space, extending an invitation to both crypto enthusiasts and the curious, with a community of over 10 million wallet users, over 10 major ecosystem partners, and counting.
Bybit Web3 provides a comprehensive suite of Web3 products designed to make accessing, swapping, collecting and growing Web3 assets as open and simple as possible. Our wallets, marketplaces and platforms are all backed by the security and expertise that define Bybit as a top 3 global crypto exchange, trusted by 33 million users globally.
Join the revolution now and open the door to your Web3 future with Bybit.
For more details about Bybit, please visit Bybit Web3.
About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving over 33 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

Photo – https://mma.prnewswire.com/media/2464342/Image.jpg
Logo – https://mma.prnewswire.com/media/2311075/Bybit_Web3_Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/bybit-web3-announces-upcoming-ido-for-layernet-a-pioneering-telegram-based-play-to-earn-game-302200564.html
Blockchain Press Releases
Market Needs a Stronger Boost than Trump’s Crypto Strategic Reserve: New Bybit x Block Scholes Crypto Derivatives Report

DUBAI, UAE, March 10, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, released the latest weekly crypto derivatives analytics report with Block Scholes as President Trump signed the executive order to establish a strategic BTC reserve on Thursday.
In the first week of March, crypto market movements suggested traders had digested the positive news and pulled towards bearish territories with a declining S&P 500 and growing skepticism surrounding ETH and SOL. This waning enthusiasm is evidenced by a notable increase in demand for short-term protective options as investors seek to mitigate potential risks in the evolving market landscape.
Key Highlights:
- Stable Funding Rates: Following President Trump’s announcement on Mar. 2, the spot prices of involved cryptocurrencies surged. However, funding rates for these assets have not reached extreme levels, remaining relatively stable compared to highs seen prior to Trump’s inauguration. This suggests a balanced demand for long positions, indicating subdued short interest in the market.
- Volatility in ETH Options: The enthusiasm surrounding ETH was quickly tempered as ongoing tariff discussions contributed to bearish market sentiment. This has resulted in a notable increase in realized volatility, surpassing options-implied levels. As traders seek protection, the market has seen a shift in short-term volatility towards puts, reflecting a cautious outlook.
- Decline in SOL Open Interest: The report also notes a decrease in open interest for Solana options at the end of February. Despite the inclusion of SOL in the proposed crypto reserve, open interest has not seen a corresponding uptick, with a majority of new positions still favoring calls, albeit at a lackluster pace.
Access the Full Report
For detailed insights, readers may download the full report.
#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/2636763/1.jpg
Photo – https://mma.prnewswire.com/media/2636745/image_5029802_42288064.jpg
Logo – https://mma.prnewswire.com/media/2267288/Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/market-needs-a-stronger-boost-than-trumps-crypto-strategic-reserve-new-bybit-x-block-scholes-crypto-derivatives-report-302396850.html
Blockchain Press Releases
AB is Now Listed on Hotcoin and Set to Launch on Gate, BitMart, Lbank, and Biconomy

SINGAPORE, March 9, 2025 /PRNewswire/ — On March 8, 2025, AB DAO announced that $AB has officially been listed on Hotcoin (hotcoin.com) at 18:00 (UTC+8), further expanding its global trading network and driving AB’s adoption in the Web3 ecosystem. Additionally, $AB is set to be listed on four more major exchanges: Gate (gate.io), BitMart (bitmart.com), Lbank (lbank.com), and Biconomy (biconomy.com), significantly enhancing AB’s global liquidity and ecosystem reach.
AB Trading Details
Trading Pair: AB/USDT
Deposit Opening: March 7, 2025, 12:00 (UTC+8)
Trading Opening: March 8, 2025, 18:00 (UTC+8)
Hotcoin Official Announcement:
https://www.hotcoin.com/zh_CN/support/article/?id=25704168485425152&code=25704168485163008&catalogCode=19112597563772928
AB DAO Ecosystem Continues to Expand
With the Hotcoin listing, users can now trade $AB on the following exchanges:
Bitget (bitget.com)
HTX (htx.com)
MEXC (mexc.com)
BingX (bingx.com)
Hotcoin (hotcoin.com)
4E (eeee.com)
Gate (gate.io) (Coming Soon)
BitMart (bitmart.com) (Coming Soon)
Lbank (lbank.com) (Coming Soon)
Biconomy (biconomy.com) (Coming Soon)
The listing of $AB on Hotcoin marks another major step in AB DAO’s global expansion strategy. In the coming months, AB will continue listing on more exchanges, expanding its ecosystem use cases and accelerating worldwide adoption.
AB DAO’s Goal: 100 Million $AB Holders
Now is the time to join the movement—unite, strengthen the community, and drive the expansion of the AB ecosystem. The mission is clear: onboard tens of millions of users and build a decentralized future together.
Stay Updated with AB DAO
Official Website: https://ab.org
Telegram Global Community: https://t.me/Newtonproject
Telegram Chinese Community: http://t.me/ABgonglian
Telegram English Channel: https://t.me/AB202528
X (Twitter): https://x.com/ABDAO_Global
Discord: https://discord.gg/BSbgK6J
View original content:https://www.prnewswire.co.uk/news-releases/ab-is-now-listed-on-hotcoin-and-set-to-launch-on-gate-bitmart-lbank-and-biconomy-302396571.html
Blockchain Press Releases
HASHKEY GLOBAL PARTNERS WITH VERIFYVASP TO EXPAND GLOBAL TRAVEL RULE COMPLIANCE

Strategic partnership strengthens regulatory compliance across HashKey Global’s international exchange network.
SINGAPORE, March 10, 2025 /PRNewswire/ — HashKey Global, a leading licensed exchange, and VerifyVASP, a global Travel Rule solution provider, have announced a strategic partnership to deploy comprehensive Travel Rule compliance solutions across HashKey’s international network of licensed exchanges. This initiative aligns with the accelerated enforcement of Financial Action Task Force (FATF) Travel Rule regulations by jurisdictions worldwide, addressing evolving anti-money laundering (AML) requirements for virtual asset transactions.
HashKey Global, as the flagship licensed exchange under HashKey Group, stands out as a leading platform in the digital asset industry. It is designed to deliver a secure, transparent, and reliable trading experience for users worldwide. The platform incorporates comprehensive measures such as robust asset segregation, stringent information security protocols, insurance coverage, independent audits, and secure payment settlement systems. These features ensure the highest level of protection for user assets and data while maintaining operational transparency.
Since integrating with VerifyVASP’s network of Virtual Asset Service Providers (VASPs) last year, HashKey Global has successfully processed thousands of verifications, ensuring compliant and accurate transfers of assets received by the intended counterparty and corresponding beneficiary.
Tim Xing, Board Director, HashKey Global, said: “This partnership with VerifyVASP reinforces HashKey Global’s commitment to setting the industry standard for regulatory compliance and security. As global enforcement of the Travel Rule accelerates, we are proactively enhancing our infrastructure to ensure seamless and compliant virtual asset transactions. By expanding this integration across our licensed exchanges, we continue to build a trusted and transparent digital asset ecosystem for users worldwide.”
“We are thrilled to be supporting HashKey Global in their Travel Rule compliance,” said ShihYun Chia, CEO at VerifyVASP. “This partnership demonstrates HashKey’s commitment to regulatory excellence and contributes to building a more compliant digital asset ecosystem globally. It also marks a significant milestone of successful travel rule implementation in the digital asset regulatory landscape.”
About HashKey Global
HashKey Global is the flagship digital asset exchange under HashKey Group, offering licensed digital asset trading services to users worldwide, and becomes one of the fastest-growing crypto exchanges in 2024. HashKey Global has obtained a license from the Bermuda Monetary Authority providing mainstream trading and service products such as LaunchPad, contracts, leverage, etc.
Please read our latest Disclaimer.
For more details, please visit global.hashkey.com
Follow HashKey on X, Telegram, and Discord
About VerifyVASP
VerifyVASP is a decentralised messaging protocol for Travel Rule compliance supported by regulated VASPs. VerifyVASP provides comprehensive Travel Rule solutions that include counterparty due diligence, messaging protocol, on-chain risk analysis and consultation on Travel Rule/personal data protection requirements.
Photo – https://mma.prnewswire.com/media/2636814/VerifyVASP_HashKey_Global.jpg
View original content:https://www.prnewswire.co.uk/news-releases/hashkey-global-partners-with-verifyvasp-to-expand-global-travel-rule-compliance-302395817.html
-
Blockchain4 days ago
Blocks & Headlines: Today in Blockchain – March 6, 2025 – Featuring Powerhive, Telcoin, Elon Musk, Avalanche, Parsiqs
-
Blockchain Press Releases6 days ago
President Trump Proposes CoinDesk Large Cap Select Index (“CoinDesk 5”) Components for U.S. Crypto Strategic Reserve
-
Blockchain6 days ago
Asset Token Ventures Launches MBSTokenTM Funds to Unlock Mortgage-Backed Securities on the Blockchain
-
Blockchain7 days ago
Blocks & Headlines: Today in Blockchain – March 3, 2025 | Crypto.com, Cronos, Ethereum Foundation, Tesla, InfinixChain
-
Blockchain3 days ago
Blocks & Headlines: Today in Blockchain – March 7, 2025 | THSYU Exchange, EY, Virginia Blockchain Council
-
Blockchain Press Releases4 days ago
Bybit Unveils EcoGalaxy: Mantle Surge, Featuring the Largest MNT Prize Pool with Up to 1,000,000 MNT in Airdrops
-
Blockchain Press Releases3 days ago
CoolWallet Strengthens Security with Enhanced Transaction Confirmation
-
Blockchain7 days ago
Fifth Era Acquisition Corp I Completes $230,000,000 Initial Public Offering