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Blockchain Press Releases

HTX’s August Performance Report Released: 11th Anniversary Celebration Highlights the Month and Paves the Way for a New Journey

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SINGAPORE, Sept. 5, 2024 /PRNewswire/ — HTX delivers an impressive Performance Report for August. In celebration of its upcoming 11th anniversary, HTX has rolled out a series of exciting events that have elevated the anniversary festivities to new heights. During this month, the highly anticipated HTX 11th Anniversary event series kicked off, generating excitement throughout the month and culminating in a Futures Trading Contest that showcased intense competition among veteran traders. All these highlight moments demonstrated HTX’s industry-leading prowess and marked remarkable milestones of HTX over the past eleven years, while paving the way for an exciting new chapter.

HTX’s 11th Anniversary Celebration Commenced with Thrilling Events

HTX launched its 11th Anniversary Celebration in August, featuring events that excited users. On August 7, HTX held the launch ceremony for its 11th-anniversary event series themed ‘Turning Trials to Triumph’, with attendance from Justin Sun, Global Advisor of HTX, and several renowned crypto influencers. At the ceremony,  Justin Sun highlighted that HTX, as a crypto pioneer, will remain committed to delivering the best user experience.

On August 21, HTX unveiled the battle report for its 11th-anniversary Futures Trading Contest, with rewards totaling $200,000 in $HTX distributed. Additionally, the champion of the Individual Challenge won a free trip to TOKEN2049 and a grand reward of $30,000 in $HTX. HTX also offered multiple perks to both new and existing users, making sure everyone can benefit from the platform.

HTX Partners with SunPump to Lead the Meme Coin Charge

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In August, HTX supported the listing of seven popular SunPump meme coins, including SUNDOG (Sundog), SUNCAT (Suncat), and IVFUN (Invest Zone).

Currently, the first governance collaboration between SunPump and HTX is now live, establishing a bridge between the TRON ecosystem and HTX users. This allows users to vote for meme token projects to get listed on the HTX exchange by locking their $SUN tokens. The collaboration not only streamlines the listing process but also enables seamless integration between CEX and DEX, injecting new life into market liquidity.

HTX Gains Major Ground in Russian Market, Traffic Share Surpasses 21.2%

In August, HTX saw its traffic share in Russia rise to 21.2%, demonstrating its strong market presence in the region. This milestone is a testament to the platform’s success in delivering a superior user experience, driving innovation, and fostering local market engagement. Furthermore, it also reflects the high recognition of HTX’s security, liquidity, and innovation among Russian users.

HTX has notably increased brand awareness and user loyalty by consistently enhancing the trading experience,  introducing new financial products and services, and engaging with local communities. The convenience of local payment options has further improved the experience for Russian users. Besides,  HTX’s innovative features like Restaking and Trade to Earn have broadened investment opportunities and effectively boosted user retention and trading volume, strengthening its presence in the Russian market.

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Exploring Investment Opportunities by Attending Major International Events

In August, HTX Ventures released two major research reports on the investment opportunities in the first half of 2024, and the potential impacts of Ethereum’s Pectra upgrade, providing forward-looking guidance for investors. Meanwhile, HTX Ventures announced strategic investments in Corn and Nexio, two innovative projects, to drive the advancement of blockchain technology. Through these initiatives, HTX Ventures continues to solidify its investment layout in the industry, highlighting its keen eye for emerging tech and market opportunities.

On August 13, HTX participated as a sponsor and partner in the Istanbul Blockchain Week (IBW) 2024. During the event, Serdar Serdengecti, Listing Director of HTX, delivered a speech at a roundtable discussion on the theme “Ushering in the New Wave of Trading”. He emphasized the significance of user experience, innovation, security, and high-quality assets for the future development of cryptocurrency trading. He also demonstrated HTX’s ongoing efforts in innovation and investment in these areas, further consolidating its leadership position in the global market.

On August 30, HTX DAO hosted a successful offline gathering in Chengdu. The event offered community members the chance to engage in face-to-face discussions, exploring trends in blockchain technology and potential collaborations.

Ensure Protection for User Assets by Strengthening Security and Compliance

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HTX updated its Merkle tree-based proof of reserves data in August, reaffirming its commitment to safeguarding the security and transparency of user assets. The latest details are as follows: 100% for USDT, 100% for BTC, 100% for ETH, 105% for $HTX, and 105% for TRX. The data includes a range of asset types, ensuring robust protection for user assets.

Compared to July, HTX has seen a continued increase in asset reserves in August. Specifically, BTC assets grew by 0.5%, while ETH assets rose by 3%. The growth reflects users’ sustained confidence and enthusiasm for popular cryptocurrencies, as well as HTX’s ongoing efforts to enhance user experience, bolster security, and introduce innovative offerings.

In addition, HTX continued to enhance its security measures by sending 309,212 security alerts to users, successfully combating and shutting down 6 phishing websites and fake app download sites, and intercepting transactions to scam addresses. The platform also addressed 4 incidents involving stolen assets from external sources and assisted users in freezing over $80,290 in stolen funds. HTX also blacklisted 2,739 new addresses and intercepted 34 deposits to the blacklisted addresses, totaling $75,827.

User safety is always HTX’s top priority. The platform is committed to providing a safe trading environment through optimized security measures. In the future, HTX will continue to strengthen technological innovation and security measures to ensure the security of user assets.

Start a New Chapter This September

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Adhering to its user-first philosophy, HTX is set to introduce a range of new events and product upgrades this September, offering users richer investment opportunities and more attractive rewards. HTX is eager to tackle challenges head-on and work alongside users to forge a promising future together.

Contact: [email protected] 

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Blockchain Press Releases

Bybit Crypto Titans: November Arena Boasts 55,000 USDT in Rewards

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DUBAI, UAE, Nov. 15, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, opens up the November arena for the Bybit Crypto Titans trading competition. Available for users in select regions, a prize pool of 55,000 USDT will be available for a limited time only.

From now to Nov. 30, eligible traders can level up their trading strategies and amplify their winning chances by inviting friends to share two prize pools in two simple steps: register for the event at the Grand Arena, and invite friends and trade.

Battlefields: Once in the Arena, users can pick their battlefields. Up to 30,000 USDT are up for grabs in the Team Battlefield ranked by total trading volume, while another 15,000 USDT is reserved for traders in the Solo Battlefield competing by PnL(%).

More perks: Additionally, top traders and leaders will receive extra perks. Participants will receive a bonus 5 USDT for every new qualified referee, and the first 50 Team Leaders whose team exceeds a threshold amount in trading volume will be entitled to a 100 USDT bonus.

“As trading volumes overall are climbing, we are seeing so many talented traders in our community with a knack for navigating fast-moving markets. This event gives some of them an incentive to share their passion with their friends, and there is room for rewards for the solo trading pros to shine as well,” said Joan Han, Sales and Marketing Director of Bybit.

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Market sentiment and activities have been trending up in recent weeks globally, and the enthusiasm is shared among users in niche markets. While traders rush to capture opportunities in a heated market, the Crypto Titans competition encourages users to bring out the best trading game and hone their trading skills for healthier returns.

Find out more about Bybit’s Crypto Titans: November Showdown, terms and conditions apply.

#Bybit / #TheCryptoArk

About Bybit

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving over 50 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.

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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

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Blockchain

This Week in Finance News: 11 Stories You Need to See

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With thousands of press releases published each week, it can be difficult to keep up with everything on PR Newswire. To help finance journalists and consumers stay on top of the week’s most newsworthy and popular releases, here’s a recap of some major stories from the week that shouldn’t be missed.

The list below includes the headline (with a link to the full text) and an excerpt from each story. Click on the press release headlines to access accompanying multimedia assets that are available for download.

  1. Prosperity or catastrophe: #Insurance2040 study reveals four possible futures for the industry
    By 2040, technological innovation driven by customer centricity could pave the way to greater climate resilience and more personalized offerings by the insurance industry. Alternatively, insurance could become a luxury afforded only to the wealthiest few.
  2. Cardinal Health announces two strategic additions to its portfolio
    Cardinal Health will acquire a majority stake in GI Alliance (GIA), the country’s leading gastroenterology (GI) management services organization (MSO), from a combination of GIA physician owners and funds managed by affiliates of Apollo. Cardinal Health will also acquire the Advanced Diabetes Supply Group (ADSG), one of the country’s leading diabetic medical supplies providers, for approximately $1.1 billion in cash.
  3. BlackRock Launches New BUIDL Share Classes Across Multiple Blockchains to Expand Access and Potential of BUIDL Ecosystem
    This initiative represents the next step in the evolution of the tokenization market, by enabling BUIDL to be used within leading blockchain-based financial products and infrastructure across ecosystems.
  4. Primo Brands Corporation Announces Successful Completion of Merger of Primo Water and BlueTriton Brands
    “I believe Primo Brands is positioned to be a leader in the healthy hydration beverage category, thanks to the strength of its iconic, sustainably-sourced brands, its robust operations and extensive North American network, and its responsible operation of numerous springs across the country,” said Dean Metropoulos, Non-Executive Chairman of the Board of Directors of Primo Brands.
  5. Jackson Hewitt Tax Services Expands Workforce, Offering Job Opportunities Nationwide for Upcoming Tax Filing Season
    The week-long event will launch the combined hiring of 18,000 employees to prepare for the upcoming tax filing season. The Jackson Hewitt hiring events are open to the public and include on-site interviews. Qualified candidates could receive a job offer immediately.
  6. PNC Bank to Double Planned Branch Openings to More Than 200 Across Six States This announcement brings the bank’s total investment to approximately $1.5 billion to open more than 200 new branch locations in 12 cities across the U.S. over the next five years, while completing the renovations of 1,400 existing branches during the same time period.
  7. Alchemy Pay Expands Virtual Card Functionality with Google Pay Support The new card BINs added will significantly enhance the capabilities of crypto cards, expanding their support for a broader range of payment scenarios and improving transaction success rates. This advancement is particularly impactful when paired with Google Pay, one of the most popular and widely used digital payment platforms, trusted by millions for its convenience and security.
  8. Finaya Unveils Nationwide Homeownership Platform
    From providing rich and current information about home values and property conditions, to finding helpful repair and remodeling providers, to shopping for and securing the right insurance, the platform simplifies the homeownership process, making it more accessible, convenient and efficient.
  9. GenAI predicted to inspire revenue growth in 76% of businesses, but only 4% qualify as “leaders” in AI and analytics
    Kearney’s report confirms that businesses are not only aware of how big data, AI, and analytics will impact revenue generation and enhance business strategies, but they are investing to stay ahead of the curve, too.
  10. GameAbove Sports Acquires Meaningful Ownership Stake in Brisbane Bullets with NBA Legend George Gervin as Part of Ownership Team
    This move marks a significant milestone for GameAbove Sports, a CapStone Holdings Inc. company, as it expands its influence on international basketball ahead of the Brisbane 2032 Olympics.
  11. Most US shoppers are encountering generative AI while shopping without realizing it
    A survey of 700 online shoppers in the US shows 71% are unaware of having used generative AI while shopping online even though most had recently shopped at retailers currently using it. 41% of customers say they would feel comfortable using a generative AI tool from a brand they trust.

For more news like this, check out all of the latest finance-related releases from PR Newswire.

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Helping Journalists Stay Up to Date on Industry News

These are just a few of the recent press releases that consumers and the media should know about. To be notified of releases relevant to their coverage area, journalists can set up a custom newsfeed with PR Newswire for Journalists.

Once they’re signed up, reporters, bloggers, and freelancers have access to the following free features:

  • Customization: Users can create customized newsfeeds that will deliver relevant news right to their inbox. Newsfeed results can be targeted by keywords, industry, subject, geography, and more.
  • Photos and Videos: Thousands of multimedia assets are available to download and include in a journalist or blogger’s next story.
  • Subject Matter Experts: Journalists will have access to ProfNet, a database of industry experts to connect with as sources or for quotes in their articles.
  • Related Resources: Our journalist- and blogger-focused blog, Beyond Bylines, features regular media news roundups, writing tips, upcoming events, and more.

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Blockchain Press Releases

Blockchain for Good Alliance Hosts Web3 Oscar, Celebrating Innovators Advancing UN’s Sustainable Development Goals

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DUBAI, UAE, Nov. 14, 2024 /PRNewswire/ — The highly anticipated Web3 Oscar, a prestigious event hosted by the Blockchain for Good Alliance (BGA), celebrating blockchain projects driving real-world impact aligned with the UN’s 17 Sustainable Development Goals (SDGs). Industry leaders gathered in Bangkok to honour innovators shaping a sustainable future.

The event was part of BGA’s November lineup, featuring two major initiatives for global change through blockchain: the Sustainable Innovation Summit and the Web3 Oscar Awards.

Sustainable Innovation Summit: A Hackathon for Social Impact

Held from September 9 to November 11, 2024, the Sustainable Innovation Summit hosted a hackathon with a $100,000 prize pool, inviting participants worldwide to create blockchain solutions addressing key issues such as poverty, clean water access, and gender equality. The summit concluded with a Demo Day at the Grand Hyatt Erawan in Bangkok, where finalists showcased their projects to blockchain pioneers, investors, and industry leaders, with opportunities for incubation support and equity-free funding.

Rising Stars

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In a cinematic presentation style, 10 shortlisted projects from across the globe, participating in the Sustainable Innovation Summit’s 17 SDGs Challenge, took the stage. Each team presented their blockchain solutions to address sustainability challenges, telling the story of a “hero” confronting a global crisis (one of the 17 SDGs), with blockchain as the “tool” they wield for change.

Winners for the 17 SDGs Challenge:

  • 1st Place: Grand Social Impact Award 🥇 EthicHub
  • 2nd Place: Outstanding Social Innovation Award 🥈 Plastic Odyssey
  • 3rd Place: Emerging Impact Award 🥉 ResearchHub

Rising Star Awards (top 10 projects, in no specific order):

  • Wavy Health
  • LAKE (LAK3)
  • KulaDAO
  • erable°
  • arkreen
  • UCO Network
  • Edu3Labs

Web3 Oscar Awards: Honouring Leaders in Blockchain for Social Good

Coinciding with the hackathon’s Demo Day on November 11, the BGA Web3 Oscar Award recognizes individual contributions to blockchain for social good across three categories, with up to 7 total winners.

Each category highlights individual efforts aligning with BGA’s mission.

The Collaboration Bridge Award honours individuals who have played a vital role in guiding the strategic direction of the Blockchain for Good Alliance (BGA). This year’s recipients are:

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  • Harn, CEO of Trigger Asset Management
  • Mariana de la Roche Wills from INATBA (International Association for Trusted Blockchain Applications) and de la Roche W. Consulting

The Public Welfare Contribution Award celebrates individuals who have harnessed #BlockchainForGood. This award was presented to:

  • BreeAnne Yek, Consultant at The Verdant Room
  • Milica Dimitrijevic from Positiveblockchain.io

These individuals have demonstrated remarkable dedication, guidance, and pioneering work, significantly advancing the mission of the Blockchain for Good Alliance (BGA) in promoting sustainable development through blockchain technology.

In her closing remarks, Helen Liu, Co-founder and COO of Bybit and founder of BGA, explained how blockchain can bring people together to make a real difference worldwide. Her vision for leveraging blockchain to create worldwide impact was both inspiring and forward-thinking.

About Blockchain for Good Alliance (BGA)

The Blockchain for Good Alliance (BGA) is a long term collaborative non-profit initiative with key partners with the main aim to contribute to societal good by using blockchain technology to solve real world problems. By convening leaders, innovators, and organisations from across the blockchain community, BGA seeks to drive innovation, collaboration, and action towards a more sustainable and equitable world.

For more information

Email: [email protected]
Website: www.blockchainforgood.xyz
Twitter: www.twitter.com/chainforgood

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