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Blockchain Press Releases

HTX Wraps Up 11th Anniversary Celebration with Global Festivities and $10+ Million Rewards

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SINGAPORE, Oct. 8, 2024 /PRNewswire/ — In September 2013, one of the early cryptocurrency exchanges, HTX, was founded, undertaking a remarkable journey in the evolving world of blockchain and digital assets. Over the past 11 years, the platform has remained at the forefront of the dynamic sector through continuous innovation, partnering with worldwide users to navigate market fluctuations.

HTX launched a series of events in August to celebrate its 11th anniversary. The celebration, themed “From Trials to Triumph,” was a tribute to the platform’s resilience and commitment to serving its users and driving industry growth. The festivities over the celebration month saw enthusiastic participation from global users, ending with resounding success featuring record-breaking figures.

Over $10 Million in Rewards: Top Winner Takes Home $68,425

HTX marked its 11th anniversary by offering an unprecedented range of rewards across all business lines, tailored to its diverse user base. The most popular event Celebration Tasks attracted over 310,000 participants and distributed more than 940,000 USDT in prizes, with individual rewards reaching up to 250 USDT or more. The 11 tasks challenge included various tasks such as spot trading, futures trading, margin trading, and more. With this bridge, users can easily access the platform’s trending events. According to HTX, this event generated $10.242 billion in futures trading volume, $1.54 billion in spot trades, and over $54 million in Restaking. The event was particularly successful in attracting new users, with more than 16,000 signups, contributing nearly $570 million in trading volume.

Additionally, HTX offered substantial rewards for returning users. This special initiative saw nearly 18,000 inactive accounts reactivated, distributing a total of 364,000 USDT in rewards, with a participant receiving as much as 10,000 USDT.

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In terms of the most attractive event, the innovative Trade to Earn event was responsible for the largest share of the total celebration prize pool. It offered a prize pool of $2,587,000 in $HTX tokens for 13,600 participants to collectively share in. The top winner claimed $68,425 in $HTX, making them the biggest individual beneficiary of the entire celebration.

By September 20, HTX had rewarded a total of 334,832 users with over 10 million USDT in prizes. Beyond token rewards, users also received physical gifts such as limited-edition merchandise and tickets to TOKEN2049.

Global Engagement: Online/Offline Celebrations Sweep Through Community

In addition to generous rewards, HTX’s celebrations reached a global audience through an array of online and offline events, engaging its community across multiple platforms including HTX Community, HTX Live, HTX Learn, and social media outlets. The Posting a Blessing Message event alone generated 83,755 posts, 5.74 million impressions, and 655,000 interactions in 21 days. HTX Learn also joined the celebration with its popular Learn & Earn event for CLORE, attracting over 120,000 participants.

Kicking off the celebrations, the Battle of Glory for KOLs saw enthusiastic participation from a wide range of KOLs and users. Throughout the event, KOLs generated 1.57 million interactions from nearly 180,000 posts on HTX Community and attracted over 100,000 viewers from 1,226 live streams. Overall, the event drove $7.2 billion in trading volume through 16 million KOL impressions and 74,000 votes. The top 111 KOLs from this event were awarded at the HTX DAO x TRON TOKEN2049 Afterparty on September 18, highlighting the close connection between HTX and its KOL network.

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On social media, HTX’s anniversary events amassed 1.89 million impressions, and its nine sessions on X Spaces garnered over 6,703,000 views.

For instance, influencer Crypto Ghost Club shared on X, “Longevity in crypto requires patience, earnestness, responsibility, integrity, and persistence. HTX has demonstrated these principles over 11 years with unwavering commitment. You don’t last this long in business without staying true to your original mission.” Another user, NingNing, remarked, “HTX’s 11-year journey mirrors the experiences of every crypto investor. We’ve all seen highs and lows in this volatile market, but it’s these ups and downs that have shaped us as a community. In such a young industry, 11 years is a legend, and every one of us is writing our own part of that story.” The users’ strong bond to HTX is clearly demonstrated by their continued support, fueling the platform’s growth.

HTX also held several offline meetups in various countries and regions to bring users together. On September 17, the first in a series of get-togethers took place in Singapore, where several key clients and KOLs joined for a sunset hiking and picnic at MacRitchie Reservoir Park. More events alike will be hosted across Malaysia, the Netherlands, France, and Kenya.

Closing Thoughts

As one of the longest-standing cryptocurrency exchanges, HTX’s 11-year milestone is a testament to the loyalty and trust of its users. The platform celebrated this occasion by giving back to its community through a wide range of events and rewards. In the future, HTX remains committed to improving user experience through a secure and reliable trading environment and innovative products and services and to bolstering the industry’s growth and adoption. Its journey toward becoming a century-old platform in the world of crypto continues.

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About HTX

Founded in 2013, HTX has evolved from a virtual asset exchange into a comprehensive ecosystem of blockchain businesses that span digital asset trading, financial derivatives, research, investments, incubation, and other businesses.

As a world-leading gateway to Web3, we harbor global capabilities that enable us to provide users with safe and reliable services.

Our growth strategy – “Global Expansion, Thriving Ecosystem, Wealth Effect, Security & Compliance”, underpins our commitment to providing quality services and values to virtual asset enthusiasts worldwide.

Contact Details
Ruder Finn Asia
[email protected] 

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Company Website
https://www.htx.com

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Blockchain Press Releases

Compass Mining Scales Texas Operations with 25 MW Bitcoin Mining Facility, Plans Further Expansion

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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.

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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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Blockchain Press Releases

Surprises Guaranteed: Bybit Card Dishes Out Rewards in Holiday Giveaway

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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:

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  • 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

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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:

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.

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#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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