Blockchain Press Releases
Animoca-backed Upland’s SPARKLET Token Lists Exclusively on Bitget Launchpool
VICTORIA, Seychelles, July 23, 2024 /PRNewswire/ — Bitget, the leading cryptocurrency exchange and Web3 company, announced the exclusive listing of Upland’s first-ever tradable token SPARKLET on the Bitget Launchpool.
The one-of-its-kind metaverse project will launch its token generation event (TGE) in collaboration with Bitget, allowing the platform’s users to have priority access for the awaited token. The farming for SPARKLET will start at 13:00 (UTC), on 24th July and end on 1st August 2024. With this, users can stake Bitget Token (BGB) to earn a total prize pool of 7,000,000 SPARKLET tokens. The SPARKLET/USDT pair will be listed on Bitget Spot market, with trading service starting at the same time as Launchpool.
This news comes right after the partnership announcement between Bitget and Upland, which includes building the exchange’s virtual headquarters in the metaverse. As part of this initiative, Bitget has purchased Treasure Island, the last unminted neighborhood in Upland’s San Francisco which houses 888 properties.
Built in 2019, Upland stands as one of the most widely-used web3 platforms, with 30,000+ daily active players, 300,000 unique land owners, and over 6,000,000 NFT sales. Upland has transformed into a Layer 1 metaverse, delivering the foundational infrastructure of an open, immersive web, including identity, liquidity, currency, land, no-code NFT creation, fiat on/off ramps, and governance.
“The initiative directs Upland’s strong stance towards decentralization, allowing Spark holders to trade Sparklet in liquid markets. It also aims to boost Upland’s presence and credibility in the Web3 industry by listing on top-tier exchanges such as Bitget, attracting more users and enhancing the platform’s network effects,” says Dirk Lueth, CEO at Upland.
Spark as the native utility token, fueled all value creation in Upland. It is the resource required for world-building, joint community projects, no-code NFT minting, and “manufacturing” of 3D map NFTs such as cars or decor items and more. The SPARKLET token is one-thousandth of a SPARK. In May 2024, Upland users were airdropped Sparks, which now has been migrated to SPARKLET tokens on Ethereum.
“At Bitget, our support for crypto gems goes beyond a simple listing. We are dedicated to helping promising projects gain more visibility, users, and partners through our Launchpool, Launchpad, and various educational and reward initiatives. Our collaboration with Upland to create a Bitget-themed metaverse is a mutually beneficial and exciting endeavor. We aim to become the top choice for more emerging projects in the future, aiding them in creating a greater real-life impact,” says Gracy Chen, CEO at Bitget.
The exclusive listing of SPARKLET on Bitget’s launchpool provides its users with early access to Upland’s first-ever tradable token. This also allows Upland’s current users to use their SPARKLET airdrops for further trading on a sophisticated platform such as Bitget. Previously, Bitget’s launchpool listed high potential projects such as Merlin Chain (MERL), Ethena (ENA), ZetaChain (ZETA) and more.
To participate, users can visit SPARKLET launchpool on Bitget, enter preferred staking amount and earn tokens within a few clicks.
For more information on getting exclusive access to SPARKLET tokens, please visit here.
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
View original content:https://www.prnewswire.co.uk/news-releases/animoca-backed-uplands-sparklet-token-lists-exclusively-on-bitget-launchpool-302203733.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
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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.
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View original content:https://www.prnewswire.co.uk/news-releases/hashkey-global-partners-with-verifyvasp-to-expand-global-travel-rule-compliance-302395817.html
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