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