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Blockchain Press Releases

Bybit and Solana Summit’s Livestreams Cites Community Power and SVM Use Cases as Ultimate Growth Catalysts in 2025

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Exclusive Livestreams Unpacked Infinite Liquidity and DeFi’s Next Wave

DUBAI, UAE, Feb. 26, 2025 /PRNewswire/ — Bybit Web3 , the Web3 division of Bybit, proudly served as the exclusive livestream partner for Solana Summit 2025. This collaboration marked a significant milestone for Bybit, which had previously been Solana’s first-ever ecosystem livestream partner. Years later, Bybit reaffirmed its commitment to advancing Web3 by amplifying one of the most highly anticipated blockchain events of the year.

Bybit Web3 exclusively broadcasted two key panel discussions, featuring Stephy Shi, Head of Operations at Bybit Web3, as a panelist. The event brought together leading voices in blockchain and Web3. The Memecoins & Infinite Liquidity panel revealed that financial incentives alone are no longer enough to build sustainable communities – successful projects now focus on giving their communities a voice in governance and decision-making. Meanwhile, the SVM Round Table tackled Solana’s scalability challenges, with industry experts agreeing that as Solana adoption grows, SVM-powered dApps will be critical in solving congestion and enabling seamless trading experiences.

Memecoins: Beyond Financial Rewards – The Power of Community

The Memecoins & Infinite Liquidity panel explored how memecoins have evolved from simple speculative assets to community-driven movements with strong cultural significance. While financial incentives like airdrops and staking still play a role, industry leaders agreed that long-term success depends on giving communities a real voice and influence.

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Christina, Core Contributor at MEW, emphasized that projects must make their early supporters feel like part of the journey. “The key point for us to build community is to make our early supporters be part of this. We really make them make decisions, like from merch making to the offline meetings, events, and the corporation brand.”

Similarly, Nom, CEO of Bonk, highlighted that the strongest memecoins today are those that foster deep community connections. “The strongest memecoins today aren’t the ones with the biggest airdrops — they’re the ones where people feel like they truly belong.”

Bybit Web3’s Stephy Shi reinforced this point, explaining that true engagement goes beyond just giveaways. “We keep thinking about how to engage the community because a lot of projects probably just do an airdrop. But how can we actually truly involve the community? So for us, what we do is we actually try to empower the community.”

The panel made it clear: memecoins thrive not because of financial incentives alone, but because of the emotional and cultural bonds they create. Projects that involve their communities in branding, governance, and decision-making are far more likely to succeed.

Solana’s Growth: How SVM-Powered dApps Can Solve Congestion

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The SVM Round Table tackled one of Solana’s biggest challenges – scalability. With its fast and low-cost transactions, Solana has become a hub for DeFi, memecoins, and high-frequency trading. However, during peak activity, congestion can slow down transactions and disrupt user experience.

Panelists debated whether Solana needs Layer 2 (L2) scaling solutions or if improvements to its existing infrastructure would be enough.

Jason, Co-Founder of Solayer, pointed out that congestion became a real problem during the recent memecoin trading surge: “During the meme coin trade season, users could see not only Solana’s high trading volume but also encountered issues. For example, some transactions were not getting confirmed.”

Chris, CEO of SONIC, explained that as Solana’s ecosystem expands, the need for SVM-powered applications will grow. “When we build a rollup for the chain extension ecosystem, we think about verticalizing the operations to focus on distribution and the ecosystem that’s always needed for all of the applications on top of Solana. And as application numbers grow, you actually have more needs for very verticalized operations and distribution.”

For traders, these issues have direct consequences. Bybit Web3’s Stephy Shi shared how congestion impacts users in real-time. “Everyone traded on-chain, traded Solana on the weekend, right? Crazy weekend. I think probably a lot of people also have problems during the weekend to successfully execute a trade because of congestion. That’s a typical case study because users would only notice that they will need a faster, better execution layer only once they could not actually execute a trade.”

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The discussion highlighted that as Solana scales, SVM-powered dApps will play a critical role in reducing congestion, improving transaction speeds, and ensuring a seamless trading experience for users.

Bybit Web3: Powering the Next Wave of Web3 Innovation

With DeFi, AI, and blockchain gaming shaping the digital economy, 2025 marks a pivotal year for Web3 adoption. Solana Summit 2025 provided an in-depth look at the evolving landscape, and Bybit Web3’s role as the exclusive livestream partner showcased its commitment to expanding decentralized finance and empowering global blockchain communities.

As the Solana ecosystem continues to grow, Bybit Web3 remains at the forefront – bridging users, developers, and liquidity into the future of Web3 and decentralized trading.

#Bybit / #TheCryptoArk / #BybitWeb3

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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 60 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, 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

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Blockchain Press Releases

Compass Mining Expands with 20 MW Hydro-Cooled Bitcoin Mining Facility in North Dakota

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5.5 MW of the Next-Generation Antminer S21 Hydro Machines Already Energized for Institutional Client

WILMINGTON, Del., Feb. 26, 2025 /PRNewswire/ — Compass Mining (“Compass” or the “Company”), a leading provider of Bitcoin mining hardware, hosting, and operational solutions, is pleased to announce the launch of a new 20-megawatt (MW) Bitcoin mining facility in North Dakota. The facility is equipped with the water-cooled Antminer S21 Hydro machines, with 5.5 MW of capacity already energized by Compass. The remaining machines will be phased in over the coming months to meet growing demand from Compass’s clients.

This expansion allows Compass to immediately provide hosting services to both institutional investors and individual miners. Effective immediately, customers purchasing machines through Compass’s platform—starting with a minimum order quantity (MOQ) as low as one unit—will have the option to deploy them at the “North Dakota 2″ site.

“Our continued expansion of both self-owned and partner-operated facilities reflects our commitment to offering flexible and efficient Bitcoin mining solutions,” said Shanon Squires, Chief Mining Officer at Compass Mining. “The introduction of hydro-cooling technology provides our clients with a more powerful and energy-efficient mining option while ensuring long-term machine durability.”

The newly energized 5.5 MW of power capacity consists of 1,000 units of the Antminer S21 Hydro, the newest generation of bitcoin mining machines. These machines use advanced water blocks to dramatically improve cooling efficiency compared to traditional air-cooled systems. This results in increased processing power, reduced energy consumption, and a more stable operating environment, minimizing downtime and maximizing long-term performance.

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Compass Mining’s strategic approach combines self-owned facilities, such as its recent Iowa 4 site, with high-uptime third-party partnerships to maximize operational reliability. In 2024, Compass energized approximately 50 MW of mining capacity across sites in Indiana, Iowa, Ohio, Kentucky, Nebraska, and Texas, reinforcing its position as the leading provider of hosting and operational solutions for bitcoin mining.

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.

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Prague Gaming & TECH Summit 2025 – Day 1 Preview: A Deep Dive into Innovation, Compliance, and Technology

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The Prague Gaming & TECH Summit 2025 is set to be a defining event in the gaming, technology, and fintech industries. With a robust lineup of expert-led discussions, networking opportunities, and cutting-edge insights, the summit provides an essential platform for professionals looking to stay ahead in this rapidly evolving space.

Day 1 of the event will feature a mix of regulatory and compliance discussions, industry innovations, and technological advancements that are shaping the future of gaming, fintech, AI, blockchain, and digital marketing.

Starting the Day with Focus and Energy

Morning Yoga – The day begins with an exclusive Morning Yoga Session, designed to recharge the body and sharpen the mind. With a full day of panels and networking ahead, this session offers a moment to reset, stretch, and prepare mentally for the engaging discussions that follow.

Registration & Networking – Attendees will gather in the foyer to pick up their badges and start networking. With industry professionals from across the world in attendance, this early morning session sets the tone for valuable connections and collaboration.

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Compliance & Operations Hub – Exploring Regulatory Frameworks and Market Trends – Conference room 1: (OPAL + TOPAZ)

Czech Market Update 2025

Regulatory trends are at the forefront of discussions in the gaming industry, and this session will provide a deep dive into compliance challenges, legal frameworks, and emerging opportunities within the Czech market.

Panelists:

  • Jakub Kolomicenko
  • Petr Kozák
  • Jan Urbanec

Moderator: Dr. Robert Skalina


Navigating the Maze: iGaming Compliance Across CEE

The Central and Eastern European (CEE) gaming landscape presents a mix of opportunities and challenges as different countries implement diverse regulatory policies. This panel will focus on the key legal and operational considerations in markets such as Czechia, Romania, Croatia, and Slovenia.

Panelists:

  • Džangar Jesenov
  • Andrei Cosma
  • Petruș Partene
  • Jasmina Poglavc
  • Damir Hasaković

Moderator: Dan Iliovici


Nordic Horizons: iGaming & TECH Insights (Sponsored by Nordic Legal)

The Nordic region is known for strong gaming regulations and a forward-thinking approach to technology. This panel will examine how the Nordic markets are evolving, the impact of new regulations, and how technology is driving innovation.

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Panelists:

  • Gustaf Hoffstedt
  • Pekka Ilmivalta
  • Alexis Wicén

Moderator: Alexis Wicén


Fireside Chat with Planzer Law

A returning highlight of the Prague Gaming & TECH Summit, the Fireside Chat with Dr. Simon Planzer provides a candid and insightful discussion about the current state of global gaming regulations and the future of compliance.

Moderator: Dr. Simon Planzer


Licensing Pitfalls: How to Get It Right in Emerging Markets (IMGL Masterclass)

For companies looking to expand into emerging gaming markets, understanding licensing requirements and regulatory hurdles is crucial. This masterclass, led by top legal experts, will guide operators on avoiding common mistakes and securing licenses efficiently.

Panelists:

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  • Quirino Mancini
  • Dr. Alexandra Körner
  • Dr. Joerg Hofmann
  • Alon Segev

Moderator: Jaka Repanšek


Responsible & Sustainable Gaming: Compliance, ESG & Player Protection

The iGaming industry is increasingly being shaped by responsible gaming initiatives, corporate responsibility, and ESG (Environmental, Social, and Governance) strategies. These two panels will address best practices for sustainable gaming and how businesses can balance compliance with player protection.

Panelists (Part 1):

  • Alina Tace
  • William J. Pascrell, III, Esq
  • Jan Řehola
  • Dan Iliovici

Panelists (Part 2):

  • John Chyriwsky
  • Dr. Alexandra Körner
  • Carl Ørnstrup
  • Trevor De Giorgio

Moderator: Pieter Remmers


D-A-CH Compliance Deep Dive: Striking the Balance Between Regulation and Innovation

Germany, Austria, and Switzerland (D-A-CH) represent some of the most regulated gaming markets in Europe. This session will explore how companies can navigate legal frameworks while fostering innovation and growth.

Panelists:

  • Dr. Simon Planzer
  • Filip Sosnowski
  • Mark Dieckmann
  • Dr. Arthur Stadler

Moderator: Dr. Joerg Hofmann


TECH Trends, Innovation & Marketing Mastery Hub – The Future of iGaming & Technology – Conference room 2: (QUARTZ + SAPPHIRE)

The Rise of AI in Gaming

Artificial Intelligence is reshaping the gaming industry, from game development and personalized experiences to fraud detection and responsible gaming measures. This panel will explore AI’s potential risks, opportunities, and future developments in the sector.

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Panelists:

  • Dmitry Starostenkov
  • Štěpánka Havlíková
  • Raid Arfua
  • Bernd Henning
  • Thomas Aigner

Moderator: Stanislaw Szosztak


Google Penalties Explained – Ex-Google Engineer Tells All

SEO remains a key driver of traffic and visibility in the gaming industry, and avoiding Google penalties is essential. Ex-Google engineer Fili Wiese will provide insider knowledge on how Google applies penalties, how to recover from them, and SEO strategies to stay ahead.

Presented by: Fili Wiese


Keeping the iGaming Spirit Alive

The iGaming industry has evolved significantly over the years, but its early days (2007-2015) were marked by creativity, risk-taking, and a strong sense of community. This panel will take a nostalgic yet insightful look at the bold ideas, groundbreaking marketing strategies, and industry-defining moments that shaped the sector. The discussion will also explore how today’s gaming professionals can keep that innovative spirit alive, ensuring the industry continues to thrive with fresh perspectives and unconventional thinking.

Panelists:

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  • Becky Liggero Fontana
  • Sarah Blackburn
  • Michael Caselli
  • Wojciech Trzaska

Moderator: Sönke Kirchhof


Beyond Translation: How AI is Redefining iGaming Localization (Keynote)

As the iGaming industry expands globally, delivering accurate, high-quality, and compliant multilingual content has never been more important. This keynote will examine the transition from traditional human-only translation workflows to AI-assisted localization, highlighting the benefits of a human-in-the-loop approach. Attendees will gain insights into how AI streamlines localization while ensuring cultural accuracy and regulatory compliance, as well as what the future holds for AI-powered linguistic solutions in gaming.

Presented by: Tiago Aprigio


Future-Ready Cloud Solutions: Winning in Regulated Markets (Keynote / Workshop)

For gaming operators looking to expand into new markets while meeting strict regulatory requirements, cloud solutions are becoming an essential tool. This workshop will provide real-world case studies showcasing how companies are accelerating market entry, reducing operational costs, and maintaining compliance across multiple jurisdictions. Attendees will learn about best practices for infrastructure design, how to scale operations efficiently, and ways to avoid common regulatory pitfalls in the ever-changing gaming landscape.

Presented by: Matteo Gabrielli

Blockchain Revolution: Unlocking the Potential of Web3

Web3 and blockchain technologies are disrupting traditional business models. This panel will examine how decentralized platforms, digital identities, and blockchain innovations are shaping the future.

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Panelists:

  • Andrei Cosma
  • Anna Agu
  • Dr. Joseph F. Borg
  • Dr. Dean Rakic
  • Jakub Tesař

Moderator: Becky Liggero Fontana


The Fintech Connection: Payment Innovations Driving Seamless Player Experiences

Fintech is playing an increasingly vital role in the gaming industry, reshaping how players interact with platforms through faster, more secure, and user-friendly payment solutions. This panel will explore the latest advancements in digital payments, instant transactions, cryptocurrency integration, and mobile wallets, all of which are enhancing player satisfaction and retention. As the demand for seamless financial interactions grows, this discussion will highlight how operators can leverage fintech innovations to stay competitive in a rapidly evolving digital economy.

Panelists:

  • Martina Hanusová
  • Viktoria Soltesz
  • Saulius Racevicius
  • Dr. Joseph F. Borg

Moderator: Anna Agu


The Future of SEO: AI-Driven Strategies & Multichannel Marketing

The role of SEO in iGaming is evolving, integrating AI-driven content creation, social media marketing, voice search, and paid advertising. This session will explore how AI is transforming SEO and whether companies should fully embrace it or proceed with caution.

Panelists:

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  • Izabela Janczak (Izzy)
  • Filip Janczak
  • Chris Mawson
  • Sean Bianco

Moderator: Andy Blackburn


Endorphina Club & GamingTECH CEE Awards 2025 – An Evening of Networking and Celebration

The day concludes with the Endorphina Club & GamingTECH CEE Awards 2025 Ceremony, an exclusive networking event and awards night celebrating outstanding achievements in gaming and technology. Hosted by Endorphina, this gathering provides a prime opportunity for industry professionals to network, collaborate, and celebrate success.


Secure Your Spot at Prague Gaming & TECH Summit 2025

Don’t miss your chance to be part of one of the most influential gaming and tech events in Europe. Join industry leaders, innovators, and decision-makers for insightful discussions, networking opportunities, and cutting-edge trends in iGaming, AI, fintech, blockchain, and compliance.

Register now to gain access to expert panels, interactive workshops, and exclusive networking events that will shape the future of gaming and technology.

➡ Register Today and be part of the conversation!

Conclusion: A Packed First Day at Prague Gaming & TECH Summit 2025

With a diverse lineup of regulatory insights, AI-driven discussions, blockchain advancements, and SEO strategies, Day 1 of the Prague Gaming & TECH Summit 2025 is packed with valuable content and networking opportunities. Attendees will leave with actionable insights, meaningful connections, and a deeper understanding of the industry’s future.

Stay tuned for Day 2 highlights and join the conversation using #Prague2025.

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Blockchain Press Releases

CoinW Elevates Security Standards and Unveils High-Yield Crypto Earnings

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HONG KONG, Feb. 26, 2025 /PRNewswire/ — In the wake of the recent industrial security breach, which exposed vulnerabilities in centralized exchange UI frameworks, CoinW is taking a bold stance to fortify its platform’s defenses. As a testament to its unwavering commitment to user security, CoinW has introduced a series of enhanced security measures, complemented by the launch of the Security Week Earn Campaign, where users can earn up to 50% APY on ETH, BTC, and USDT deposits while reinforcing trust in exchange security.

Stronger Security with FIM Technology 

To proactively counteract unauthorized UI modifications and system intrusions, CoinW has integrated File Integrity Monitoring (FIM) technology, an advanced defense mechanism that continuously scans and safeguards critical system files and UI frameworks in real time. This innovation ensures that any unauthorized change is instantly detected and swiftly mitigated, preventing potential exploits. 

Key security reinforcements include: 

  • Unparalleled Asset Protection: With a multi-layered security framework, CoinW ensures the highest level of asset safety through cold-hot wallet separation, multi-signature authentication, MFA, and a stringent asset isolation policy. 
  • FIM Technology Deployment: Proactive and real-time UI integrity monitoring to pre-empt unauthorized changes and mitigate security threats. 
  • Swift Incident Response: An optimized monitoring and emergency resolution framework that promptly detects anomalies while maintaining seamless user communication. 

Additionally, CipherBC’s latest breakthrough, Flexify 1.3.0, is redefining enterprise-level crypto wallet security and liquidity management. By integrating customizable transfer limits, real-time push notifications for asset movements, and seamless DApp connectivity, this cutting-edge update enhances both security and liquidity oversight, empowering businesses with unprecedented control over their digital assets in the evolving DeFi landscape.

Security Week Earn Campaign: Unlock High-Yield Rewards 

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To celebrate these critical security advancements, CoinW proudly presents the #W Security Earn Week campaign, a unique opportunity for users to enhance their earnings while enjoying top-tier security protocols. 

Campaign Details (February 24, 14:00 – March 11, 15:59 UTC

  • Invite Friends & Earn Exclusive 3% APY Boost Vouchers 

Encourage friends to register and deposit at least 0.03 ETH—both inviter and invitee will receive a 3% APY boost voucher. Limited to 3,000 vouchers on a first-come, first-served basis! 

  • Referral Rewards: Share up to 10,000 USDT 

Earn 0.1% of your referrals’ ETH Earn subscriptions, up to 10 USDT per referral, with no cap on invitations! 

  • Earn Up to 50% APY on ETH, BTC, and USDT- Take advantage of CoinW’s exclusive high-yield staking options. 

CoinW: Merging Security with Profitability 

CoinW’s rapid implementation of FIM technology marks a significant leap forward in safeguarding user assets. Simultaneously, the Security Week Earn Campaign not only rewards users but also encourages secure trading.

Take charge of your crypto assets with CoinW—where security meets opportunity. 

Join us today, invite your friends, and enjoy unparalleled earnings under the highest security standards in the industry. 

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About CoinW 

CoinW is a globally recognized cryptocurrency exchange known for its secure, user-friendly platform and innovative trading products. Operating in over 200 countries and regions, CoinW remains committed to empowering the crypto community with advanced tools and accessible trading experiences. 

Website: https://www.coinw.com/ 

Twitter Official: https://twitter.com/CoinWOfficial 

Telegram: https://t.me/coinwoff 

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YouTube Official: https://www.youtube.com/@CoinWOfficial 

LinkedIn: https://www.linkedin.com/company/coinwofficial/ 

Safe & Secure Crypto Exchange - CoinW

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