Blockchain Press Releases

CoinEx CEO Haipo Yang on Long-Term Growth, CET and User Empowerment

Published

2 days ago

September 6, 2024

coinex-ceo-haipo-yang-on-long-term-growth,-cet-and-user-empowerment

HONG KONG, Sept. 6, 2024 /PRNewswire/ — CoinEx, a world-leading cryptocurrency exchange with 7 years of consistent commitment to long-term growth, has traditionally maintained a low profile. However, it has recently garnered significant attention in the market. The platform’s strategic approach, coupled with the rising prominence of its native token, CET, has positioned CoinEx as a potential dark horse in the future of cryptocurrency exchanges.

Firstly, CoinEx was recently recognized by U.Today as one of the Top Crypto Exchanges in 2024. CoinTelegraph praised the exchange’s journey, stating: “Since its founding in 2017, CoinEx has steadily progressed, overcoming the challenges of a crowded market by cultivating a unique identity and maintaining a strong commitment to user-centric innovation.”

BeInCrypto echoed this sentiment, noting: “Running an exchange is challenging, but managing one successfully over the long term is even more difficult. In the unpredictable crypto industry, CoinEx’s unwavering commitment to consistently doing the right thing, creating value for the industry, its users, and the public, makes its rise inevitable.”

Adding to the praise, BITCOINIST highlighted CoinEx’s potential for continued success, remarking: “As it continues to grow and innovate, CoinEx is well-positioned for future success with its special focus on user experience, strategic expansion, and commitment to CET.”

Recently, CoinEx hosted an insightful Ask Me Anything (AMA) session featuring CoinEx CEO Haipo Yang. During the session, Yang offered valuable perspectives on the exchange’s strategies for driving long-term growth and empowering its users. This recap captures the key takeaways from the discussion, showcasing CoinEx’s vision and its roadmap for the future.

About CoinEx: Crypto Asset Expert

Yang emphasized CoinEx’s position as a crypto expert supporting various assets. It supports over 1,200 cryptocurrencies and 1,700+ trading pairs. Operating in 18 language markets, 200+ countries with over 10 million users. CoinEx Ecosystem has expanded beyond trading to include CoinEx Wallet, CoinEx Smart Chain, CoinEx Explorer, and CoinEx Charity. The exchange’s commitment to providing a diverse range of cryptocurrencies underscores its dedication to meeting user needs and staying at the forefront of the crypto landscape.

Expanding CET’s Utility

One of the most intriguing aspects of the AMA was the discussion around the CET, CoinEx platform token. Recently, CoinEx has revamped the CET introduction page and upgraded its products and services. Yang introduced several new value-added products to further enhance the CET ecosystem. First is CoinEx Dock for assisting early-stage projects with fundraising and promotion. CET Staking for providing users with secure and efficient on-chain staking products and CoinEx Mining for allowing users to stake tokens to earn airdrop rewards. These new offerings aim to increase CET’s utility and create more value for token holders within the CoinEx ecosystem.

Yang revealed that CoinEx has implemented a strategic approach to maintain CET’s value and control its supply. CoinEx uses 20% of the platform’s fee revenue each day to repurchase CET and burn the purchased CET monthly. This deflationary mechanism is designed to create scarcity and potentially increase the token’s value over time, benefiting long-term holders. The buyback and burn will continue until CET is burned down to 0.

CET Listing Strategy: Focused on Internal Growth

Yang stated that CoinEx currently holds a portion of CET tokens, primarily allocated for team incentives and marketing initiatives. Importantly, there are no plans to sell these CET tokens on the open market.

Additionally, CoinEx has no immediate plans to list CET on other exchanges. This decision reflects a deliberate focus on fostering organic growth and strengthening development within the CoinEx ecosystem at this early stage.

Conclusion

The recent CoinEx AMA provided valuable insights into the exchange’s strategies for long-term growth and user empowerment. CoinEx’s success stems from its deep expertise in cryptocurrency assets, a focused approach to CET’s future planning, and the introduction of new value-added products. Alongside expanding its product offerings, CoinEx has prioritized internal ecosystem development, enhancing user experience, optimizing trading efficiency, and strengthening security. With global expansion plans and transparent user engagement, CoinEx is solidifying its reputation as a trusted exchange and positioning itself for sustainable success in the competitive cryptocurrency market.

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View original content:https://www.prnewswire.co.uk/news-releases/coinex-ceo-haipo-yang-on-long-term-growth-cet-and-user-empowerment-302240421.html

Blockchain Press Releases

aelf and Gaia Join Forces to Host Hello [AI], Celebrating the Convergence of AI and Blockchain

Published

2 days ago

September 6, 2024

CISION (PR Newswire)

aelf-and-gaia-join-forces-to-host-hello-[ai],-celebrating-the-convergence-of-ai-and-blockchain

Kick Off TOKEN2049 week with aelf’s high-energy AI-themed event, joined by leading AI and Web3 projects including Gaia, NEAR, Schelling AI, Sapien, and more.

SINGAPORE, Sept. 6, 2024 /PRNewswire/ — aelf, a leading AI-enhanced Layer 1 blockchain network, is hosting Hello [AI], a dynamic event to kick off TOKEN2049 week in Singapore. Taking place on 16 September 2024 at SKAI Loft, Singapore, this celebration marks aelf’s bold pivot towards integrating artificial intelligence with blockchain technology to unlock new frontiers in efficiency, scalability, intelligence, and security.

Co-hosted by Gaia and featuring partners including Asia Blockchain Gaming Alliance (ABGA), NEAR, Plug and Play, Sapien, and Schelling AI, Hello [AI] will set the stage for a dynamic week of innovation and collaboration. The event is also supported by Google Cloud and Microsoft.

Brian Liang, COO of aelf, shares, “Partnering with these leading names in AI and blockchain, Hello [AI] embodies aelf’s vision of creating a vibrant, AI-enhanced blockchain ecosystem.” He adds, “Our AI-themed event also serves as a launchpad for deeper collaboration and innovation within the different Web3 communities, with TOKEN2049 offering the perfect backdrop to showcase our commitment to shaping the future of blockchain with AI at its core.”

More than just a celebration—Hello [AI] also serves as a platform for thought leadership and networking, underscoring aelf’s commitment to shaping the future of AI-blockchain technology. The event will feature a panel discussion titled “The Next Frontier — AI-Powered Blockchain Application” and a fireside chat exploring the question, “Can AI Become Truly Decentralised?” These sessions will bring together founders, industry leaders, and seasoned developers to discuss the transformative potential of AI in the blockchain space.

“At Gaia, we see the convergence of AI and blockchain as a pivotal moment for innovation. Partnering with aelf for Hello [AI] allows us to showcase how decentralised AI can empower knowledge holders and developers to build a secure, evolving ecosystem. This collaboration not only highlights our shared vision for the future of Web3 but also underscores Gaia’s commitment to breaking down barriers and redefining what’s possible in the AI and blockchain space,” shared Brennen Schlueter, CMO of Gaia.

As aelf continues to lead the charge in integrating advanced AI technologies into the blockchain ecosystem, Hello [AI] sets the stage for its ongoing mission to redefine the boundaries of both technologies. This event opens new opportunities for growth and transformation within the blockchain community, enabling participants to engage with thought leaders, network with industry peers, and collectively explore the future of Web3.

Stay updated on aelf’s news and engage with the aelf community on:

Website: https://aelf.com
Telegram: https://t.me/aelfblockchain
Discord: https://discord.gg/aelfblockchain

About aelf

aelf, an AI-enhanced Layer 1 blockchain network, leverages the robust C# programming language for efficiency and scalability across its sophisticated multi-layered architecture. Founded in 2017 with its global hub in Singapore, aelf is a pioneer in the industry, leading Asia in evolving blockchain with state-of-the-art AI integration and modular Layer 2 ZK Rollup technology, ensuring an efficient, low-cost, and highly secure platform that is both developer and end-user friendly. Aligned with its progressive vision, aelf is committed to fostering innovation within its ecosystem and remains dedicated to advancing Web3 and AI technology adoption.

For more information about aelf, please refer to our Whitepaper V2.0: https://docs.aelf.com/resources/whitepaper-2/

About Gaia

Gaia is a pioneering decentralized AI platform dedicated to transforming knowledge into a dynamic, secure, and collaborative ecosystem. By bridging the gap between centralized AI solutions and open-source models, Gaia offers a unique network of living knowledge organisms that adapt and grow continuously. Our platform empowers knowledge holders to protect and monetize their intellectual property while enabling developers to build innovative, smarter applications on top of a secure, evolving foundation. With a commitment to privacy, adaptability, and collaboration, Gaia is redefining the future of AI, making knowledge a vibrant, protected, and accessible resource for all.

Disclaimer: The information provided in this press announcement is for general informational purposes only and does not constitute legal, financial, or investment advice. aelf makes no representations or warranties of any kind, express or implied, regarding the accuracy, completeness, or reliability of the information provided in this press announcement. Any reliance you place on such information is strictly at your own risk. Blockchain technology and cryptocurrency involve inherent risks, including but not limited to market volatility, regulatory changes, and potential security vulnerabilities. By accessing and using the information provided in this press announcement, you agree to indemnify and hold aelf, its officers, directors, employees, and agents harmless from and against any and all claims, liabilities, damages, losses, or expenses arising out of or in connection with your use of the information in this press announcement. aelf reserves all rights not expressly granted in this press announcement.

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View original content:https://www.prnewswire.co.uk/news-releases/aelf-and-gaia-join-forces-to-host-hello-ai-celebrating-the-convergence-of-ai-and-blockchain-302240720.html

Blockchain Press Releases

Board the TOKEN2049 Treasure Express With Bybit and Dive Into an $80,000 Prize Pool

Published

2 days ago

September 6, 2024

CISION (PR Newswire)

board-the-token2049-treasure-express-with-bybit-and-dive-into-an-$80,000-prize-pool

DUBAI, UAE, Sept. 6, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, set out to make the community’s TOKEN2049 journey more rewarding. Gearing up for the most anticipated blockchain and Web3 event in the region, Bybit is thrilled to announce three bonus events to enable both attendees and remote fans to both be part of the experience.

The winning opportunities are open to both attendees of TOKEN2049 and followers from afar. Through trading and offline events, participants stand to get free tickets, a share of the $80,000 prize pool in airdrops and coupons, and Bybit merchandise.

Event 1: TOKEN2049 Treasure Express

From now to Sep. 26, 2024, Bybit users may register for the event and complete tasks by depositing and trading assets to earn lucky draw tickets. The wheel of fortune will turn to one of the three prizes:

1. A pair of tickets to TOKEN2049;
2. A share of the airdrop prize pool valued at $50,000 featuring the hottest tokens, including DOGS, PEPE, SOL, XRP, TON and USDT; or
3. Up to 50 USDT in spot coupons.

Even more rewards await in referrals and social media giveaways. For details, visit: TOKEN2049 Treasure Express

Event 2: Share and Unlock

From now to Sep. 30, 2024, unleash your social media magic for a chance to win a 10 USDT spot trading coupon. Share a Bybit blog link and your thoughts on Bybit and Web3. Remember to tag @Bybit_Official and use the hashtag #UnlockWeb3Future and submit the form with us here: #UnlockWeb3Future at TOKEN2049 with Bybit

Event 3: Meet us offline at TOKEN2049

Spot our logo at TOKEN2049 and capture a photo at the Bybit booth (M50) to win Bybit merchandise. Remember to share to your social media channels and use the right hashtag. For details, visit: #UnlockWeb3Future at TOKEN2049 with Bybit

An advocate for a sustainable Web3 ecosystem, Bybit will be featured prominently at TOKEN2049 on a series of keynote panels, thought leadership and community events, and booth M50.

#Bybit / #TheCryptoArk

About Bybit

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving over 40 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

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View original content:https://www.prnewswire.co.uk/news-releases/board-the-token2049-treasure-express-with-bybit-and-dive-into-an-80-000-prize-pool-302240594.html

Blockchain Press Releases

Bybit Expands Global Reach, Receives Formal Consent for Full Authorization in Kazakhstan

Published

2 days ago

September 6, 2024

CISION (PR Newswire)

bybit-expands-global-reach,-receives-formal-consent-for-full-authorization-in-kazakhstan

DUBAI, UAE, Sept. 6, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is excited to announce it’s among the first to be granted consent to a full authorization by the Astana Financial Service Authority (AFSA). This milestone brings Bybit closer to becoming a fully regulated Digital Asset Trading Facility (DATF).

As part of a rigorous process, Bybit Kazakhstan has passed a full AML check, business conduct audit, and detailed compliance inspections. This is part of Bybit’s focus on securing new user opportunities in Kazakhstan and the broader Commonwealth of Independent States (CIS) region.

“Kazakhstan has become a key player in the global crypto ecosystem, and we are thrilled to be expanding our services in such a dynamic market,” said Ben Zhou, co-founder and CEO of Bybit. “We are committed to bringing our cutting-edge technology, security, and transparency to crypto traders in Kazakhstan, ensuring they can access the best possible tools and services to thrive in this fast-growing industry.”

Once the full license is in place, Bybit Kazakhstan will offer various digital assets related products and services. The expansion into Kazakhstan aligns with Bybit’s mission to provide reliable and transparent services, catering to the unique needs of crypto traders and investors in the region.

This development follows Bybit’s receipt of its initial operating and custody licenses from AFSA in June 2023, reinforcing its commitment to local regulatory requirements. Bybit’s ongoing efforts to strengthen its presence in Kazakhstan underscore its belief in responsible growth and ensuring a compliant and secure trading environment.

Kazakhstan has quickly emerged as a hub for crypto innovation, and Bybit is proud to play a leading role in fostering this development. For example, Bybit hosted a “Foundations of Blockchain, Web3 and Crypto Exchange Activities” course for Banks of Kazakhstan in 2024. This event was part of Bybit’s drive to make blockchain education more accessible in the CIS region.

By securing this full authorization, Bybit is poised to enhance crypto adoption, provide institutional-grade security, and offer advanced trading features to its growing regional user base.

#Bybit / #TheCryptoArk

About Bybit

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View original content:https://www.prnewswire.co.uk/news-releases/bybit-expands-global-reach-receives-formal-consent-for-full-authorization-in-kazakhstan-302240634.html

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