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Blockchain Press Releases

bbSOL Unveils its Largest Airdrop on Bybit Web3

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DUBAI, UAE, Jan. 27, 2025 /PRNewswire/ — Bybit, the world’s second-largest crypto exchange by trading volume, is unleashing the rewarding power of its SOL liquid staking token bbSOL in the first mega airdrop of 2025, the bbSOL Golden Maxi Rewards event. With over $700,000 worth of SONIC, J, SSI, and ALCH up for grabs in prizes, the event is bbSOL’s largest giveaway to date, and promises to get Bybit Web3 users in festive spirit throughout the Lunar New Year.

From Jan. 27 to Feb. 17, 2025, eligible users may exclusively get on board the growth journey of bbSOL and explore rewards options during the event, by simply staking 0.5 SOL or more on Bybit Web3 using their Bybit Web3 Seed Phrase Wallet. Registration and other tasks are required, terms and conditions apply. The top stakers may be eligible for up to 800 J, 800 SONIC, 80 SSI, and 800 ALCH in Red Packets.

Barely five months’ old, bbSOL is fast maturing as a popular portal to the Solana ecosystem, connecting Bybit Web3 users to the immense opportunities on the emerging SOL network without leaving the Bybit app. The innovative SOL staking solution has seen over $280 million in Total Value locked since its launch.

“At Bybit Web3, we are constantly thinking out of the box to provide more creative solutions and pathways to returns. bbSOL is the culmination of our focus on product innovation. And we are committed to offering an expansive range of rewards and helping our users stay ahead of the curve of Web3 innovations,” said Emily Bao, Head of Spot and Web3 at Bybit.

Bybit Web3 made significant strides in 2024, building a robust ecosystem to connect millions of users worldwide to  multi-chain opportunities. In a recent keynote address by Ben Zhou, the CEO and Co-founder of Bybit alluded to the future of on-chain Bybit as a gateway to Web3. The Web3 dimension of Bybit plays a pivotal role in integrating on-chain asset management, delivering advanced CeDeFi trading solutions into a seamless Web3 experience for all.

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#Bybit / #TheCryptoArk / #BybitWeb3

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 10 million wallet users, over 20 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 a top 3 global crypto exchange, trusted by 40 million users globally.

Join the revolution now and open the door to your Web3 future with Bybit.

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For more details about Bybit, please visit Bybit Web3.

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

Blocks & Headlines: Today in Blockchain – January 28, 2025 (EVIANCX, Abstract, Venice, KPMG, Hashgraph Group)

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Blockchain technology and cryptocurrency continue to redefine industries worldwide, driving innovation and creating new opportunities. In today’s edition of “Blocks & Headlines,” we explore major developments across the blockchain space, highlighting new projects, partnerships, and emerging trends.


Blockchain as a Catalyst for Innovation

The blockchain industry’s transformative potential was the focus of a recent report detailing how decentralized technologies are driving innovation in finance, healthcare, and supply chain management. Blockchain’s transparency and immutability are key factors enabling its adoption across diverse sectors.

In particular, the report noted the technology’s ability to enhance trust and efficiency in processes, reducing costs while improving security.

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Analysis: Blockchain’s role as a catalyst for innovation is becoming more evident as industries beyond finance embrace its capabilities. The growing interest underscores the need for continued research and development to unlock its full potential.

Source: Cape Gazette


EVIANCX Enhances Cryptocurrency Usage in Latin America

EVIANCX, a leading blockchain platform, has announced new initiatives aimed at increasing cryptocurrency adoption in Latin America. The company is rolling out solutions to address challenges such as accessibility and education, targeting both businesses and individual users.

By simplifying blockchain technology and expanding infrastructure, EVIANCX seeks to empower communities and drive financial inclusion across the region.

Analysis: Latin America’s growing interest in cryptocurrency is fueled by its potential to address issues such as inflation and limited access to traditional banking services. EVIANCX’s initiatives could significantly enhance the region’s blockchain ecosystem.

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Source: GlobeNewswire


Abstract: A Consumer Blockchain for the Masses

The launch of Abstract, a highly anticipated consumer-focused blockchain, marks a significant step toward making cryptocurrency more accessible. Abstract aims to simplify blockchain use cases, offering tools and applications designed for everyday users.

By prioritizing user experience and scalability, Abstract is positioning itself as a gateway for mainstream adoption of blockchain technology.

Analysis: Abstract’s approach to consumer-centric blockchain solutions highlights the industry’s shift toward usability and mass appeal. Simplifying complex systems is crucial for bridging the gap between blockchain enthusiasts and the general public.

Source: PR Newswire

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Venice Launches VVV Token to Bridge Blockchain and AI

Venice, a pioneering blockchain project, has unveiled the VVV Token, designed to integrate blockchain with artificial intelligence. The token facilitates data exchange between AI systems and decentralized networks, promising advancements in predictive analytics, automation, and decision-making.

The initiative also includes partnerships with tech companies focused on AI and machine learning, ensuring robust support for the token’s ecosystem.

Analysis: Venice’s innovative fusion of blockchain and AI represents a significant trend in tech convergence. By combining these technologies, the project aims to unlock new possibilities for intelligent, decentralized systems.

Source: CoinSpeaker


KPMG India Partners with Hashgraph Group to Drive Blockchain Adoption

KPMG in India has teamed up with the Hashgraph Group to promote enterprise adoption of Hedera’s distributed ledger technology (DLT). The partnership will focus on delivering blockchain solutions tailored to industries such as finance, healthcare, and supply chain management.

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This collaboration aims to leverage Hedera’s high-performance DLT to address scalability and efficiency challenges faced by enterprises.

Analysis: Partnerships like this highlight the growing interest in enterprise-grade blockchain solutions. By collaborating with established firms, blockchain projects can accelerate adoption and address real-world business needs.

Source: PR Newswire


Key Trends and Insights

  1. Consumer-Centric Blockchain: The launch of Abstract underscores the importance of user-friendly solutions in driving mainstream adoption of blockchain technology.
  2. Blockchain-AI Convergence: Projects like Venice’s VVV Token highlight the potential of integrating blockchain with artificial intelligence to create smarter, more efficient systems.
  3. Regional Focus: EVIANCX’s initiatives in Latin America demonstrate the growing importance of localized blockchain solutions that address specific regional challenges.
  4. Enterprise Collaboration: Partnerships such as KPMG India’s collaboration with Hashgraph Group emphasize the role of established enterprises in accelerating blockchain adoption.
  5. Broader Adoption: Blockchain’s application across industries continues to expand, showcasing its versatility and potential to drive innovation beyond cryptocurrency.

The post Blocks & Headlines: Today in Blockchain – January 28, 2025 (EVIANCX, Abstract, Venice, KPMG, Hashgraph Group) appeared first on News, Events, Advertising Options.

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Blockchain Press Releases

Movement Network Foundation Launches Developer Phase of Public Mainnet

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Announces Cornucopia: A Multi-Asset Liquidity Program for Public Mainnet Beta

GRAND CAYMAN, Cayman Islands, Jan. 28, 2025 /PRNewswire/ — The Movement Network Foundation, the organization dedicated to fostering innovation and advancing the adoption of MoveVM technology, today announced the Developer Phase of its Public Mainnet. This phase continues the momentum from December’s initial mainnet release and establishes the foundation for Movement’s Public Mainnet Beta, scheduled for launch in mid-February.

As part of this milestone, Movement Network Foundation also announced Cornucopia, a multi-asset liquidity campaign that will launch alongside Public Mainnet Beta. This comprehensive liquidity program aims to accelerate ecosystem growth by providing the essential foundation for DeFi applications, enabling deeper market efficiency, and fostering increased protocol adoption from day one.

Developed in partnership with Concrete, Veda Labs, Echelon and Canopy, the program will feature several specialized vaults: The BTC vault will feature Lombard, Lorenzo BTC and SolvBTC. The ETH vault will feature EtherFi and Renzo (ezETH). The $MOVE vault will feature Movement’s liquid staking protocols, Thunderhead, Movernance and Meridian. Anchoring the program is a $100M Ethena stable vault, demonstrating significant institutional commitment to Movement’s DeFi ecosystem.

On December 9, 2024, Movement Network’s initial mainnet beta launched with limited functionality, including permissioned smart contracts and commemorative  NFTs. It also allowed foundational components to begin deploying, including follower nodes and indexers.

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Today, the Developer Mainnet enables ecosystem partners to begin deploying their protocols and apps on Movement’s network. From now through mid-February, development teams will systematically implement core infrastructure and test integrations, ensuring a robust environment for Public Mainnet Beta.

MOVEMENT’S KEY MILESTONES:

Developer Mainnet (January 28):

  • Core infrastructure deployment begins
  • Selected partners and DeFi protocol implementation window opens
  • Technical documentation and developer resources release

Public Mainnet Beta (mid-February):

  • Complete network functionality goes live
  • Bridge support via LayerZero integration
  • Permissionless DApp deployment

“The deployment of Movement Developer Mainnet and Cornucopia marks the beginning of a new era for blockchain development. By structuring our launch to include both technical infrastructure and day-one DeFi liquidity, we’re creating an ecosystem where developers can leverage Move’s robust security features while accessing Ethereum’s massive scale. This coordinated approach ensures we’re delivering immediate value for both developers and users,” said Cooper Scanlon, Co-Founder of Movement Labs.

For more information about Movement’s Developer Mainnet, visit movementnetwork.xyz or follow @movementlabsxyz, @movementfdn, @moveecosystem  @Move_Collective on Twitter.

About Movement Network Foundation
Movement Network Foundation is the driving force behind the Movement ecosystem, dedicated to fostering innovation and advancing the adoption of MoveVM technology. The foundation oversees the development of Movement Network, a next-gen solution built using MoveVM that settles to Ethereum. Through its MoveDrop program and ecosystem initiatives, the foundation supports developers, projects, and community contributors building decentralized applications. Learn more at movementfdn.xyz or follow @movementfdn on X.

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Blockchain Press Releases

Mercari Launches New Marketplace Mercari NFT

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Mercari Users Can Now Use Mercari to Buy and Sell Popular NFTs Listed on OpenSea

TOKYO, Jan. 28, 2025 /PRNewswire/ — Mercari, Inc. (“Mercari”) announces that on January 28, 2025, it has launched Mercari NFT, an online marketplace for NFTs[1] on Mercari. The new service allows users to use Mercari to buy and sell popular NFTs[2] available on OpenSea, a major NFT marketplace based in the US. This change kicks off the expansion of Mercari’s business from a marketplace for buying and selling physical items into a digital marketplace for buying and selling NFTs.

PressRelease URL:https://about.mercari.com/en/press/news/articles/20250128_mercarinft/
Mercari NFT URL: https://campaign.jp.mercari.com/pages/nft-2501-org-lp/index.html
 (available only in Japanese)

1. Non-fungible token (NFT): A unique digital asset that cannot be falsified or replicated.

2. Users can only list NFTs purchased on the Mercari NFT platform.

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Background

In order to realize Mercari Group’s mission of “circulate all forms of value to unleash the potential in all people,” Mercari has continued to grow its marketplace app, which now boasts approximately 23 million monthly active users as well as a cumulative total of over 4.0 billion listings[3]. In addition to the items and money that circulate on Mercari, the company has expanded the circulation of value by increasing payment locations, creating new credit through Merpay, the Group’s payment and credit business, and by making it possible to trade cryptoassets through Mercoin.

3. As of September 2024

In order to further expand the circulation of value, the company has launched Mercari NFT, a marketplace for buying and selling NFTs. Users will now be able to seamlessly purchase NFTs using their Mercari sales balance without having to apply to create a cryptoasset wallet or open a new account. In addition, users will also be able to easily list the NFTs they purchase on Mercari NFT.

From day one of the service launch, Mercari users will be able to buy and sell NFTs from popular projects on OpenSea, a major NFT marketplace. Going forward, Mercari plans to issue and sell NFT contents together with businesses and IP holders in Japan and overseas in a variety of categories including art, trading cards, and entertainment to further expand Mercari NFT as a digital marketplace.

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Mercari NFT Information (as of January 28, 2025)

Item

Details

Features

– Buying NFTs

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Users can buy NFTs using the familiar payment methods they use when shopping on the Mercari marketplace, such as Merpay balance and Mercard.

Note: Some payment methods are not available.

Reference: How to make purchases on Mercari NFT

https://help.jp.mercari.com/guide/articles/1902/ (available only in Japanese)

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– Collecting NFTs

Users can view a list of the NFTs they own on the “My items & listings” screen.

– Listing purchased NFTs

Just like when selling physical items on Mercari, as soon as an NFT sells, the seller receives the profits as sales balance.

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Reference: How to list items on Mercari NFT

https://help.jp.mercari.com/guide/articles/1900/ (available only in Japanese)

Note: There is no comment feature on Mercari NFT listing pages and no transaction message feature when buying and selling items.

Payment methods

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The following payment methods are available for buying items on Mercari NFT.

Mercari points

Merpay balance

Merpay Smart Payments (lump-sum payment only)

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Mercard (lump-sum payment only)

Note: For details on payment methods, see the following guide.

https://help.jp.mercari.com/guide/articles/1903/ (available only in Japanese)

Payments
fees

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Buying
– Users are not charged transaction fees when buying NFTs.
– Users are not charged payment fees when using the payment methods currently available on Mercari NFT.

Regarding price listings that include handling fees:
The displayed prices include handling fees. The amount a buyer pays is the amount displayed on the details screen of the item. There is no need to calculate other handling fees.
Note: The amount displayed on the details screen of the item includes the item’s price, gas fees, consumption tax, and selling fees.

Listing
There are no fees for listing NFTs.

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Note: Once a listed NFT sells and the transaction is complete, the seller pays a selling fee of 10% of the NFT’s listing price.

How to
access
Mercari NFT

1. Open Mercari through the Mercari marketplace app or a web browser.
2. Go to My Page and select Mercari NFT.

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(Alternatively, open a web browser and go to https://nft.jp.mercari.com/.)
(available only in Japanese)

Note: This information may be subject to future change.

For detailed information on this feature, see the following guide.
https://help.jp.mercari.com/guide/articles/1896/ (available only in Japanese)

Overview of Mercari

Company Name: Mercari, Inc.
Location: Roppongi Hills Mori Tower, 6-10-1 Roppongi, Minato-ku, Tokyo 106-6118
Main Business Activities: Planning, development, and operation of the Mercari marketplace app
Representative: Shintaro Yamada

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For information about using the Mercari logo and icon, please see the page below.
https://about.mercari.com/en/press/press-kit/mercari/

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