Blockchain Press Releases
Kaia hosts “KSL 2024” to Reveal its Strategy for Asia’s No.1 Blockchain
- Under the theme of “Asia’s Gateway to Web3,” the event introduces Kaia Wave, a new Web 3.0 builder support program that utilizes LINE’s established service, business, and marketing infrastructure.
- Along with leading Web 3 partners such as LINE Xenesis, Hashkey, DWF Labs and Google Cloud, speakers from new RWA projects such as Galactica, Grab JOOB, and TADA-MVL will participate in this event.
SEOUL, South Korea, Aug. 14, 2024 /PRNewswire/ — ‘Kaia’, a global layer 1 blockchain mainnet formed through the merger of the Klaytn and Finschia blockchains, which were initially developed by IT giants Kakao and LINE respectively, will host Kaia Square Lounge (KSL) 2024 during Korea Blockchain Week 2024. KSL 2024 will be held under the overarching theme of “Asia’s Gateway to Web3″, embodying Kaia’s goal of connecting global partners with Asia’s blockchain market. With co-hosts LINE NEXT Inc. and DWF Labs, KSL 2024 will introduce Kaia’s flagship RWA tokenization projects and new partnerships, while discussing how to expand Kaia’s Web3 ecosystem in Asia and beyond.
In addition, the Kaia project will introduce Kaia Wave, a new Web3 builder support program created in collaboration with LINE NEXT. Designed to optimize dApp UX and growth on Kaia, Kaia Wave will allow builders to tap on LINE’s service, business, and marketing infrastructure. LINE is one of Asia’s most used mobile superapps, with extensive user bases in Japan, Taiwan region, Thailand, and other Asian countries.
“KSL 2024 is a major event where we’ll highlight how LINE NEXT and Kaia intend to collaborate to develop the Web 3.0 ecosystem in Asia further and meet ecosystem participants in person,” said Youngsu Ko, CEO of LINE NEXT. “We will work with Kaia to ensure more users and developers can fully utilize the potential of Web 3.0.”
KSL: Kaia’s Flagship Ecosystem Event for Partners, Builders, and Retail Users
The KSL 2024 conference consists of two main topics: “Introducing Kaia: Your Web3 Journey Begins Today” on the first day, and “Welcome to Kaia: Your On-chain Gateway to Asia and Beyond” on the second day. The first day of the event will feature sessions to discuss the Kaia Wave program and the operation of the Kaia mainnet, while sharing global Web3 trends and insights.
On the second day, speakers from Asia’s leading Web3 projects will discuss blockchain market trends in Korea, Japan, Vietnam, and Thailand. Kaia’s partnering companies in the RWA and DeFi sectors will also introduce their new projects and Kaia ecosystem contribution plans. The ‘Networking Night’ events will follow after the conference sessions on both event days.
“DWF Labs has a strong commitment to fostering innovation and expansion within the blockchain ecosystem, and we are excited to co-host KSL 2024,” said Andrei Grachev, CEO of DWF Labs. “The progress in the Kaia project and strategic initiatives such as Kaia Wave represents a significant leap forward in connecting existing platforms across Asia with Web3 technologies. DWF Labs will support Kaia on its journey to become the largest blockchain ecosystem in Asia.”
KSL 2024 will bring together a number of influential Web3 companies such as LINE Xenesis and Hashkey. Projects that are exploring blockchain technologies to transform conventional businesses into tokenized RWA projects benefiting both users and investors will also take the stage, including Grab JOOB, TADA-MVL, and CREDER. What’s more, Google Cloud and Kaia’s flagship RWA project Galactica, will share their insights.
Dr. Sam Seo, Representative Director of Klaytn Foundation, stated, “KSL 2024 will serve as a platform to introduce Kaia to the audience, explore its prospects, and discuss the challenges it must overcome for significant progress.” He continued, “The event will foster valuable discussions with industry experts, aiming to position Kaia as a leading Asian player. Additionally, KSL will enhance our network with Web3 builders attending KBW 2024, thereby expanding Kaia’s global ecosystem.”
To attend KSL 2024, you can register online through the event banner on the Kaia official website (Kaia.io) or the side event list on the “Korea Blockchain Week 2024” website.
About LINE NEXT Inc.
Based in the United States, LINE NEXT Inc. is focused on growing the global Web3 business. Through building a Web3 ecosystem, LINE NEXT aims to provide new digital experiences and lead the way into the future.
About DWF Labs
DWF Labs is the new generation Web3 investor and market maker, one of the world’s largest high-frequency cryptocurrency trading entities, which trades spot and derivatives markets on over 60 top exchanges.
About Kaia blockchain
Kaia is a high performance public blockchain that simplifies Web3 for users, builders, investors, enterprises, and everyone in-between. Formed through the merger of the Klaytn and Finschia blockchains that were initially developed by Kakao and LINE respectively, Kaia is Asia’s largest Web3 ecosystem, with over 420 DApps and over 250 million potential users – all of whom can experience Web3 with the ease and speed of Web2 to connect, create, collaborate, and contribute to the ecosystem.
Kaia PR Contact:
Kaia | PR & Communications Lead
Kevin Kim
[email protected]
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Blockchain Press Releases
Compass Mining Scales Texas Operations with 25 MW Bitcoin Mining Facility, Plans Further Expansion
Energizes Over 50 MW in 2024 Across Six States, with 35 MW Coming Online by January 2025
WILMINGTON, Del., Dec. 20, 2024 /PRNewswire/ — Compass Mining (“Compass” or the “Company”), a leading provider of Bitcoin mining hardware, hosting, and operational solutions, proudly announces the addition of a new 25 megawatts (MW) Bitcoin mining facility in Texas to its growing network of North American operations. The facility is already fully built out and will be operational with an initial 5 MW of capacity by year’s end, scaling to 25 MW in early January 2025. Compass also plans to expand the facility’s capacity to 60 MW by Q3 2025.
The new Texas facility will house a mix of relocated machines from Compass’s existing sites, as well as newly deployed units, ensuring continuity for current customers while offering new clients a seamless and turnkey Bitcoin mining experience. By January 2025, new customers purchasing machines through Compass’s platform will have the option to deploy them at the “Texas 6″ site.
“Our new Texas facility represents another milestone in our mission to make bitcoin mining more accessible for everyone,” said Paul Gosker, CEO of Compass Mining. “We bring a wealth of experience from successfully operating at multiple locations across Texas, navigating the unique grid dynamics and leveraging local resources. For this site, we will provide our support and expertise, including assisting our site partner in hiring expert technicians who meet Compass’s high standards. This ensures high uptime and reliability, delivering the quality our customers expect.”
Compass’s strategy combines vertical integration through proprietary facilities, such as the new Iowa 4 site, with partnerships at third-party facilities renowned for high uptime and reliability. This dual approach allows the company to maintain operational flexibility while delivering reliable hosting solutions. The company has energized a total of approximately 50 MW of power capacity across mining facilities in Indiana, Iowa, Ohio, Kentucky, Nebraska, and Texas in 2024, with plans to add another 35 MW by January 2025.
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.
Media Contact
BlocksBridge Consulting
[email protected]
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DUBAI, UAE, Dec. 20, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, will be extending the festive fun with lavish virtual gifts for Bybit Card holders. From Dec. 20, 2024 to Jan. 31, 2025, with every swipe of their Bybit Card, users may get a chance to unwrap mystery gift boxes, including 1,000 in USDT and other exciting airdrops from DOGE to BTC—all rewards, no catches.
For each 100 USDT spent in eligible purchases with the Bybit Card, users will receive a lucky draw ticket to redeem a gift box on Bybit. Each gift box promises a crypto reward—from Christmas baubles in DOGE, SOL, ETH, XRP and BTC airdrops, all the way up to the grand prize of 1,000 in USDT. Registration is required and the special Holiday Giveaway ends at the end of Jan. 2025.
For users looking for a convenient way to utilize their crypto assets for daily spendings and debit payments, it is not too late to apply for the Bybit Card. The application and verification process takes minutes, and a virtual card will be issued as soon as the card is approved, enabling seamless digital payment on Apple and Android devices in applicable regions.
“The Bybit Card takes the hassle out of crypto off-ramp for regular users and weaves rewards and benefits into daily spendings. On top of regular cashbacks, we are introducing extra perks as our token of thanks to wrap up an eventful year in crypto,” said Joan Han, Sales and Marketing Director at Bybit.
The Bybit Card made expansive global footprints 2024 as crypto adoption continues to rise in the past year. Trusted and frictionless crypto payment solutions are in demand in various parts of the world, and Bybit is one of the natural habitats of crypto native consumers. Spanning from Buenos Aires to Amsterdam, the Bybit Card community is growing and so are the perks:
- Up to 10% cashback in USDT, BTC and ETH on eligible purchases
- Zero fees for instant virtual card issuance
- Zero annual or hidden fees
- Up to 8% APY
Enjoy this festive season in all its splendor. Eligible Bybit Card holders from all regions are welcome; terms and conditions apply: Bybit Card Holiday Giveaway: Swipe, Spend & Sparkle!
#Bybit / #TheCryptoArk #theBybitCard
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
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Blockchain Press Releases
Bybit P2P Unlocks 20,000 USDT Prize Pools for Select Users in South Asia and Africa
DUBAI, UAE, Dec. 20, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, will be concluding 2024 with lucky spins all around for eligible users on Bybit P2P. With a chance at two grand bonus pools of 10,000 USDT each, select users in parts of South Asia and Africa stand to make the most of their P2P trades at Bybit.
From now to Dec. 31, 2024, eligible users may create their own P2P trading bonus at Bybit and unlock 100% chance of winning:
- South Asia: Eligible users in South Asia may sign up for the Grand Spin Extravaganza
- Africa: Eligible users may register to enter the P2P Prize Spinner
Successful participants may complete one or more referral, deposit, or trading tasks to earn up to 10 Lucky Draw Tickets. Tasks start at beginner level including a first-time deposit of 10 USDT. With a Ticket, users get to spin the wheel of fortune for a guaranteed airdrop from the 10,000 USDT Prize Pool.
As communities in the Global South start to build and diversify their wealth, millions are in dire need of modernized and inclusive financial infrastructures. The digital asset class offers an alternative for grassroot investors in emerging markets, demonstrating transformative power to shape the future of growth.
Bybit’s peer-to-peer trading platform provides user-friendly and trusted tools for P2P merchants and buyers. Users can compare and execute trades at an optimal price agreed upon by both parties, carried out on Bybit’s ultra smooth trading platform at zero fees. Supporting over 60 fiat currencies and over 300 payment methods, Bybit P2P contributes to democratizing access to the digital economy.
Users who have completed Bybit Identity Verification Level 1 may log in to confirm their eligibility. Terms and conditions apply.
#Bybit / #TheCryptoArk
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
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View original content:https://www.prnewswire.co.uk/news-releases/bybit-p2p-unlocks-20-000-usdt-prize-pools-for-select-users-in-south-asia-and-africa-302337255.html
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