Blockchain Press Releases
KuCoin Partners with Dubai Sports Council for the Open Padel Cup for Government Institutions
DUBAI, UAE, Nov. 21, 2024 /PRNewswire/ — KuCoin, a leading global crypto exchange, in collaboration with the Dubai Sports Council, has announced the Open Padel Cup for Government Institutions as the Title Sponsor during a press conference held on November 19th, 2024. Scheduled from December 13 to 15, the Open Padel Cup Championship invites all government institutions across the UAE to participate. To promote amateur participation, professional players registered with clubs or the UAE Padel Association are not eligible, ensuring over 300 Emirati amateurs can take part in this competition.
Padel has been gaining traction in Dubai as a fun and engaging way to promote a healthy lifestyle and enrich the local sports culture. The Dubai Sports Council has recently spearheaded the Padel Cup Tournament initiative, partnering with KuCoin for the event, which is organized by Royal Griffin Event and hosted at JUST PADEL facilities.
As the title sponsor, KuCoin has expressed strong confidence in the economic prospects of the Middle East, particularly the UAE and Dubai, especially regarding the immense potential of the cryptocurrency market. Over the past few years, KuCoin has established many meaningful partnerships in Dubai’s vibrant city and has been actively involved in various local activities. Last year, KuCoin sponsored the COP28 Global Climate Change and Green Blockchain Summit and hosted the “KuCoin Green Future Charity Gala Dinner,” supporting various charitable causes.
At the press conference, Harry Chan, the representative from KuCoin highlighted the synergy between sports and blockchain technology, noting that both fields emphasize collaboration and innovation. Padel is a sport that requires high levels of teamwork and strategic thinking, aligns with the decentralized cooperation and innovative spirit of blockchain technology. “We believe that through activities like the Open Padel Cup for Government Institutions, we can better communicate the core values of blockchain technology to the public and inspire more innovative ideas,” said the KuCoin representative, and “help bring in and connect global responsible companies and talents”. This event marks the latest in a series of collaborations by KuCoin in Dubai, underscoring its long-term commitment to the Dubai market.
Fawzia Faridoun, Director of the Community Sports Department at the Dubai Sports Council expressed pleasure in partnering with KuCoin to promote the city’s sports culture and healthy lifestyle, looking forward to deeper cooperation in the future.
About KuCoin
Launched in September 2017, KuCoin is a leading crypto exchange and financial technology platform with its operational headquarters in Seychelles. As a user-oriented platform with a focus on inclusiveness and community engagement, KuCoin offers over 800 digital assets across Spot trading, Margin trading, P2P Fiat trading, Futures trading, and Staking to its 37 million users in more than 200 countries and regions. KuCoin ranks as one of the top 6 crypto exchanges. KuCoin was acclaimed as “One of the Best Crypto Apps & Exchanges of November 2024” by Forbes Advisor and has been included as one of the top 50 companies in the “2024 Hurun Global Unicorn List”. Learn more at https://www.kucoin.com/.
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Blockchain Press Releases
Bybit Celebrates 6 Transformative Years with Special #Super6Bybit Livestream and Vision for bbSOL
DUBAI, UAE, Dec. 3, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is celebrating six transformative years with its 6th Anniversary Livestream Event: #Super6Bybit – Game On with bbSOL! This milestone event promises mega rewards while showcasing Bybit’s groundbreaking innovations, including the success of its bbSOL token and an interactive campaign featuring a $1,200,000 prize pool.
Since its launch in September 2024, bbSOL has revolutionized liquid staking as the first exchange-backed Liquid Staking Token (LST) on Solana. Developed in partnership with Solana, bbSOL allows users to earn consistent staking rewards while maintaining asset liquidity. Within just two months, bbSOL surpassed $100 million in total locked value, demonstrating its appeal to users seeking flexibility and growth in their digital assets.
The #Super6Bybit campaign further builds on this success, inviting participants to “build, transform, and supercharge” their bbSOL as part of an exciting, interactive experience.
Livestream Event Details
Date: Dec. 10, 2024
Time: 8 a.m. UTC
Host: Kate Panchenko, Bybit Senior BD CIS
The event will feature industry experts from Bybit’s team:
- Marcus Kok, Bybit Web3 Evangelist
- Jack Zhou, Bybit User Operations Lead
What to Expect
The livestream will explore the highlights of Bybit’s #Super6Bybit campaign and its significance for users. It will also delve into the expanding capabilities of bbSOL, Bybit’s innovative liquid staking token, and its pivotal role in enhancing the Bybit ecosystem. Currently available across eight CEX products and Bybit Web3 offerings, including DEX Pro and staking solutions, bbSOL represents a key entry point into the evolving Solana ecosystem.
Exciting Giveaways
Viewers can participate in live giveaways, including:
- 5,400 USDT in Red Packets: all participants have a chance to get a share.
- 100 USDT in live Q&A rewards: for raising a question in the live chat, participants will have a chance to share a 100 USDT airdrop.
Bybit’s Vision
“Bybit’s 6th Anniversary marks a significant milestone in our mission to transform access to financial tools and blockchain technology,” said Joan Han, Sales and Marketing Director of Bybit. “Over the past six years, Bybit has grown into a global leader in cryptocurrency, with over 50 million users benefiting from our cutting-edge innovations. This year’s #Super6Bybit campaign underscores our commitment to advancing blockchain technology while rewarding our community with one of the largest prize pools ever.”
For participation details and eligibility criteria, visit the official livestream page.
#Bybit / #Livestream / #Super6Bybit #bbSOL
About Bybit Web3
Bybit Web3 is redefining openness in the decentralized world, creating a simpler, open, and equal ecosystem for everyone. We are committed to welcoming builders, creators, and partners in the blockchain space, extending an invitation to both crypto enthusiasts and the curious, with a community of over 130 million wallet addresses across over 30 major ecosystem partners, and counting.
Bybit Web3 provides a comprehensive suite of Web3 products designed to make accessing, swapping, collecting and growing Web3 assets as open and simple as possible. Our wallets, marketplaces and platforms are all backed by the security and expertise that define Bybit as the world’s second-largest cryptocurrency exchange by trading volume, trusted by over 50 million users globally.
Join the revolution now and open the door to your Web3 future with Bybit.
For more details about Bybit Web3, please visit Bybit Web3.
About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume with 50 million users. Established in 2018, it offers 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
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CoinEx, a global cryptocurrency exchange known for its commitment to simplifying crypto trading, is thrilled to announce its participation in the upcoming Bitcoin MENA Conference, which will take place on December 9-10, 2024. This prestigious event marks the first-ever Middle East and North Africa (MENA) edition of the globally renowned Bitcoin Conference, recognized as one of the cryptocurrency industry’s most significant intellectual property platforms.
Bitcoin MENA: A Ground-breaking Milestone for the Crypto Industry
The Bitcoin Conference series has built a reputation as a cornerstone event for the cryptocurrency ecosystem, bringing together innovators, industry leaders, and enthusiasts from around the globe. Its expansion into the MENA region signals the growing influence of cryptocurrencies and blockchain technology in this dynamic market. The Abu Dhabi edition aims to foster dialogue, collaboration, and innovation in a region poised for rapid crypto adoption.
Keynote speakers include Eric Trump, Executive Vice President ∙ The Trump Organization, Marwan Al Zarouni, CEO of AI ∙ Dubai Department of Economy & Tourism, and Saifedean Ammous, CEO of Saifedean.com. Their presence underscores the global importance of the event, as they are set to share unique insights into the cryptocurrency space and its potential impact on economies worldwide.
CoinEx: Expanding Localized Outreach in MENA
CoinEx is proud to sponsor the BitcoinMENA Conference, reflecting its ongoing commitment to growing its presence in the MENA region. As part of its sponsorship, CoinEx has secured a prominent booth at the exhibition hall and has also placed large-scale advertisements at the venue’s main entrances and exits, ensuring high visibility throughout the event.
The sponsorship aligns with CoinEx’s strategy to deepen its localized efforts in the MENA market, a region characterized by a rapidly increasing appetite for digital assets and blockchain solutions. By actively engaging with local communities, CoinEx aims to make cryptocurrency trading more accessible while fostering trust and education in the space.
Exciting On-Site Activities and Giveaways
Visitors to the CoinEx booth will be treated to an array of interactive activities designed to make their experience both fun and rewarding. Attendees will have the chance to participate in prize-winning games and activities, with exclusive CoinEx-branded merchandise and crypto rewards up for grabs.
CoinEx invites everyone to stop by the booth, engage with the team, and learn more about the user-friendly platform and innovative offerings. Whether you are new to cryptocurrencies or a seasoned trader, the CoinEx team is ready to assist and answer questions, offering insights into the platform’s features, such as easy-to-navigate trading interfaces, robust security measures, and diverse asset options.
Building Bridges in MENA’s Crypto Space
With the MENA region emerging as a hub for fintech innovation, CoinEx sees Bitcoin MENA as the perfect platform to showcase our strengths and connect with industry stakeholders. The exchange aims to establish new partnerships, strengthen the regional network, and better understand the unique needs of users in this market.
CoinEx’s participation is a testament to the dedication to making cryptocurrencies accessible to users globally, regardless of their level of expertise or geographic location. By engaging directly with the vibrant MENA crypto community, CoinEx is taking significant strides toward shaping the future of digital finance in the region.
Join CoinEx at Bitcoin MENA
The Bitcoin MENA Conference is set to be an unforgettable gathering, featuring insightful keynotes, engaging panel discussions, and opportunities to network with some of the biggest names in the crypto world.
CoinEx warmly welcomes all attendees to visit their booth M-086! Participate in the fun activities and explore how the platform can empower them to navigate the evolving crypto landscape.
Don’t miss the opportunity to connect with CoinEx at Bitcoin MENA, December 9-10, 2024, in Abu Dhabi. Let’s build the future of crypto together!
The post CoinEx to Light Up Bitcoin MENA 2024: Join the Crypto Evolution in Abu Dhabi! appeared first on News, Events, Advertising Options.
Web3: A Game-Changer for Independent Artists
The promise of blockchain technology is resonating across industries, but nowhere is its impact more profound than in the world of independent artists. According to Web3 Media’s president, blockchain has the potential to revolutionize how artists distribute, monetize, and protect their work. Through decentralized platforms, artists can bypass traditional intermediaries, retain greater control over their intellectual property, and receive direct, transparent payments from fans.
Non-fungible tokens (NFTs) are at the heart of this transformation, enabling unique digital ownership and opening new revenue streams. From music to visual art, blockchain is democratizing creative expression, fostering a direct artist-to-audience relationship that was previously unimaginable. This paradigm shift is poised to reshape the entire media landscape, giving power back to creators.
Source: Yahoo Finance
WazirX Victims Protest at India Blockchain Week
Tension brewed at India Blockchain Week as victims of the WazirX debacle protested the presence of Pi42, a company allegedly linked to controversial practices. The protestors expressed dissatisfaction with regulatory oversight and demanded accountability from blockchain firms operating in India.
WazirX, one of India’s leading cryptocurrency exchanges, faced scrutiny earlier this year over alleged mismanagement and fraudulent activities, leaving many users financially devastated. The protest serves as a stark reminder of the challenges that come with the rapid growth of the blockchain industry in emerging markets. It also underscores the need for stronger regulatory frameworks to protect investors and ensure the integrity of blockchain platforms.
Source: Crypto Times
Argo Blockchain Secures $42M Lifeline Amid Mining Struggles
Bitcoin mining giant Argo Blockchain has secured a $42 million lifeline as shrinking mining margins continue to put pressure on the industry. With Bitcoin’s price volatility and increasing energy costs, many mining operations have struggled to maintain profitability. This funding will provide Argo with the necessary capital to sustain its operations and invest in more efficient mining technology.
The mining industry is at a crossroads, with sustainability and energy efficiency becoming critical priorities. Argo’s ability to secure this funding demonstrates investor confidence in the long-term viability of Bitcoin mining, even in a challenging economic environment. This move also signals a broader trend of consolidation and strategic funding within the mining sector as companies strive to adapt to evolving market conditions.
Source: Finance Magnates
Canaan Inc. to Engage Investors at Upcoming Conferences
Canaan Inc., a leading provider of blockchain computing solutions, announced its participation in several high-profile investor conferences. The company aims to showcase its technological advancements and discuss future growth strategies, emphasizing its role in the global blockchain ecosystem.
Canaan’s focus on developing next-generation mining hardware and blockchain infrastructure highlights the growing importance of innovation in maintaining competitive advantage. By engaging directly with investors, Canaan is positioning itself as a key player in the ongoing evolution of blockchain technology and digital asset mining.
Source: PR Newswire
WadzPay Secures $36M Investment Commitment from GEM
In a significant development, blockchain payment firm WadzPay has secured a $36 million investment commitment from GEM, a global investment group. This funding will enable WadzPay to expand its payment solutions and accelerate the adoption of blockchain technology in global financial systems.
WadzPay’s vision is to create a seamless, blockchain-powered payment ecosystem that enhances cross-border transactions and reduces costs for businesses and consumers. This investment marks a critical milestone in WadzPay’s journey and reflects growing investor confidence in blockchain-based payment solutions. As traditional financial institutions begin to integrate blockchain into their operations, companies like WadzPay are well-positioned to lead the charge.
Source: FinTech Futures
Conclusion
From empowering independent artists to revolutionizing financial transactions, blockchain technology continues to push boundaries. The industry’s rapid growth comes with its share of challenges, including regulatory scrutiny and market volatility. However, strategic investments and innovative solutions indicate a promising future for blockchain’s role in reshaping industries. Staying informed on these developments is crucial as blockchain evolves from a niche technology to a cornerstone of the global economy.
The post Blocks & Headlines: Today in Blockchain (Web3 Media, WazirX, Canaan Inc., WadzPay) appeared first on News, Events, Advertising Options.
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