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

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.
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.
Logo – https://mma.prnewswire.com/media/1957082/Compass_Mining_Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/compass-mining-expands-with-20-mw-hydro-cooled-bitcoin-mining-facility-in-north-dakota-302385717.html
Blockchain Press Releases
WSPN Launches Revolutionary Bank API Integration, Enabling WUSD Minting in Under 5 Minutes

SINGAPORE, April 28, 2025 /PRNewswire/ — Worldwide Stablecoin Payment Network (WSPN) is pleased to announce a groundbreaking enhancement to its stablecoin infrastructure with the launch of a new bank API integration that enables users to mint WUSD in under 5 minutes, 24 hours a day, 7 days a week.
This technological advancement represents a significant milestone in the stablecoin industry, effectively eliminating the traditional waiting periods associated with fiat-to-crypto conversions and providing users with unprecedented access to digital assets regardless of banking hours or geographic location.
“Our mission has always been to break down barriers in the financial ecosystem,” said Raymond Yuan, Founder & CEO of WSPN. “This new integration revolutionizes the speed and efficiency with which users can access stablecoins. Minting WUSD in under 5 minutes, regardless of the time or day, creates unprecedented opportunities for both individual and institutional users in the digital asset space.”
Key Features of the Enhanced WSPN Portal:
- Automated Fiat Deposits: Streamlined process for transferring USD from bank accounts to the WSPN platform
- 5-Minute Minting Process: Complete end-to-end conversion from USD to WUSD in under 5 minutes
- 24/7 Availability: Continuous service regardless of traditional banking hours
- Multi-Bank Support: Integration with Green Link Digital Bank, FV Bank, and Banking Circle
- Cross-Chain Compatibility: Easy withdrawal of newly minted WUSD to Ethereum or Polygon networks
The enhanced system operates through a simple three-step process: users deposit USD from their bank, mint WUSD from their USD balance, and can then withdraw WUSD to their preferred blockchain wallet. Each step has been optimized for speed and security, with the entire process taking less than 5 minutes from start to finish.
This development comes at a time when demand for efficient fiat-to-crypto on-ramps continues to grow, particularly for stablecoins that serve as a bridge between traditional finance and decentralized applications. By removing time constraints and simplifying the minting process, WSPN is positioning WUSD as a leading solution for users who require immediate access to digital assets.
About WSPN
WSPN is a leading provider of next-generation stablecoin infrastructure, committed to building a more secure, efficient, and transparent payment solution for the global economy. Their flagship product, WUSD stablecoin, is pegged 1:1 to the U.S. Dollar and aims to optimize secure digital payments for Web3 users. WSPN’s Stablecoin 2.0 approach prioritizes user-centricity, community governance, and accessibility, paving the way for widespread stablecoin adoption.
Learn more: www.wspn.io | X | LinkedIn
Logo – https://mma.prnewswire.com/media/2429245/WSPN_logo_Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/wspn-launches-revolutionary-bank-api-integration-enabling-wusd-minting-in-under-5-minutes-302439499.html
Blockchain
Blocks & Headlines: Today in Blockchain – April 25, 2025 | BitNile, Dutch Blockchain Week, Citigroup, Philippine Blockchain Week, D.O.G.E Foundation

Blockchain’s metamorphosis from niche ledger technology to the backbone of Web3 has never been more evident. Today, we cover five stories that illustrate the evolving ecosystem: a gaming platform issuing its own token on Solana; Europe’s marquee Web3 summit; a major bank forecasting a “ChatGPT moment” for blockchain; a Southeast Asian conference aimed at busting crypto myths; and a foundation rebuilding blockchain from the ground up to solve scalability. Each development—whether product launch, industry gathering, macro forecast, educational initiative, or infrastructure innovation—offers a window into the trends shaping decentralized finance, NFTs, DeFi, and beyond.
1. BitNile.com to Launch Nile Coin on Solana
News Summary
Hyperscale Data’s subsidiary BitNile.com will introduce the Nile Coin on Solana starting May 1, 2025. The U.S.–based social gaming site chose Solana for its high throughput and low fees, aiming to enhance in-game economies, reward engagement, and deliver seamless micro-transactions. Details on tokenomics and governance are forthcoming, but management touts Nile Coin as a cornerstone of future gaming experiences.
Source: CoinTrus
Analysis & Commentary
Launching a proprietary token underscores two converging trends: the gamification of finance and finance-ification of gaming. By minting Nile Coin, BitNile.com taps into DeFi mechanics—staking, liquidity pools, NFT rewards—while leveraging Solana’s scalability. Strategically, BitNile.com positions itself for partnerships with NFT marketplaces and DeFi protocols, potentially opening secondary markets for in-game assets and generating new revenue streams beyond ad sales or subscription fees.
2. Dutch Blockchain Week 2025 Gears Up in Amsterdam
News Summary
From May 19–25, Amsterdam will host the sixth annual Dutch Blockchain Week, culminating in the two-day summit (May 21–22) at De Meervaart. Tier 1 exchanges (Bitvavo, Kraken, Coinbase), Web3 pioneers (WOW.ai, Blockrise), regulators (European Commission, De Nederlandsche Bank), and industry partners (Mastercard, Deloitte) will convene. Side events range from AI-powered hackathons tackling compliance to padel networking meetups—underscoring the event’s blend of technology, policy, and community.
Source: Dutch Blockchain Week
Analysis & Commentary
Dutch Blockchain Week typifies the maturation of blockchain conferences into multidisciplinary forums. Beyond token talk and yield farming, panels on regulation, institutional adoption, and security reflect Web3’s integration into mainstream finance. Anticipate announcements on CBDC pilots, DeFi compliance frameworks, and cross-chain interoperability projects that may emerge from the Block & Order Hackathon.
3. Citigroup Predicts Blockchain’s “ChatGPT Moment”
News Summary
In an April 23 report, Citigroup analysts argue that 2025 could be blockchain’s “ChatGPT moment,” driven by regulatory clarity around stablecoins and integration with traditional financial systems. They forecast stablecoin market capitalization ballooning to $1.6 trillion (base case) or as much as $3.7 trillion (bull case) by 2030—anchored by dollar-denominated issuers and collateralized with U.S. Treasuries. Regulatory frameworks like the GENIUS Act could catalyze adoption among banks and fintechs.
Source: Cointelegraph
Analysis & Commentary
Drawing parallels to generative AI’s explosive growth, Citigroup envisions a tipping point where blockchain moves from experimental to essential infrastructure. Successful integration will hinge on robust compliance tools, auditability, and clear governance models. Enterprise blockchain vendors should prepare for surging demand in tokenized payments, on-chain settlements, and embedded DeFi rails within legacy systems.
4. Philippine Blockchain Week 2025 Debunks Crypto Myths
News Summary
Scheduled for June 10–11 at SMX Convention Center Manila, Philippine Blockchain Week (PBW) 2025 will tackle misinformation and spotlight real-world use cases. Highlights include “Crypto, Unpacked” sessions demystifying the technology; “Smart Regulation” panels uniting policymakers and innovators; and “Blockchain for Impact” showcases on remittances, disaster relief, and digital identity. Founding President Donald Lim emphasizes government support and public–private collaboration to spur inclusive growth.
Source: UseTheBitcoin
Analysis & Commentary
PBW exemplifies how emerging markets leverage education to accelerate Web3 adoption responsibly. By engaging regulators early, PBW can shape balanced frameworks that encourage innovation while protecting consumers—an instructive model for markets wrestling with both hype and skepticism.
5. D.O.G.E Foundation Launches New Blockchain, Opens Seed Round
News Summary
The D.O.G.E Foundation announced a ground-up blockchain rebuild designed to solve the scalability and reliability challenges plaguing existing networks. This modular architecture separates validation from execution to enable parallel transaction processing—targeting real-time gaming, DeFi under high load, and AI-driven applications. A seed funding round is now open to investors who share the vision of a performant, decentralized infrastructure.
Source: D.O.G.E Altcoin GlobeNewswire
Analysis & Commentary
As layer-1 congestion and high gas fees persist, new entrants must justify a “why now” with clear architectural advantages. If the D.O.G.E blockchain delivers real-world throughput and maintains decentralization, it could spur a renaissance of high-performance DeFi protocols and NFT platforms hungry for cost-effective base layers.
Conclusion & Key Takeaways
-
Tokenization of Entertainment: BitNile’s Nile Coin on Solana highlights blockchain’s expansion into gaming economies and NFT reward systems.
-
Convergence of Tech, Policy & Community: Dutch Blockchain Week showcases Web3’s evolution into an ecosystem engaging regulators, enterprises, and developers under one roof.
-
Mainstream Inflection Point: Citigroup’s “ChatGPT moment” thesis suggests blockchain is poised for exponential adoption given regulatory support.
-
Education as Catalyst: Philippine Blockchain Week’s myth-busting curriculum underscores the importance of public–private dialogue in emerging markets.
-
Infrastructure Innovation: The D.O.G.E Foundation’s modular, high-throughput chain exemplifies the next wave of layer-1 networks addressing real-time, real-world use cases.
Today’s stories convey that blockchain’s next chapter will be written through strategic token launches, global convenings, regulatory clarity, educational outreach, and radical infrastructure redesign. By tracking these threads, industry participants can anticipate opportunities in DeFi, NFTs, Web3 games, and enterprise integration. Stay tuned for tomorrow’s Blocks & Headlines, where we’ll continue to decode the innovations shaping decentralized finance.
The post Blocks & Headlines: Today in Blockchain – April 25, 2025 | BitNile, Dutch Blockchain Week, Citigroup, Philippine Blockchain Week, D.O.G.E Foundation appeared first on News, Events, Advertising Options.
Blockchain Press Releases
Bybit Exchange Gold & FX Trading Hits All-Time-High As Gold Prices Soar

DUBAI, UAE, April 25, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, and the first mainstream cryptocurrency exchange to incorporate Gold & FX trading on its trading platform, is thrilled to introduce the Gold & FX Referral Program as Gold price skyrockets. This exclusive offer is available to eligible Bybit users only, with up to 10,000 USDT in bonuses available for top referrers.
In April 2025, Gold prices surpassed $3,500 per ounce for the first time in history, soaring by 42% year-on-year. Despite brief corrections, the oldest safe haven asset’s price growth continues to seem unstoppable as macroeconomic uncertainty intensifies. Live since August 2024, Bybit’s Gold & FX trading volumes also hit an all-time-high — exceeding $24 billion over a 24 hour period on April 17, 2025.
To help traders capture the momentum, Bybit has unlocked a total 180,000 USDT prize pool for Gold and FX traders from now until 10AM UTC, May 22 on a first-come, first-serve basis. Eligible referrers may register at the campaign page to join the referral mania, refer friends to make a first-time deposit and trade Bybit’s MT5 platform to win rewards:
- Referrers can each earn up to 10,000 USDT if their successful referees make an eligible first-time deposit and trade the minimum required number of lots.
- Referees shall automatically qualify for zero fees when trading the following indices with MT5 on Bybit: DJ30, NAS100, CHINA50, SP500, GER40, US2000, HK50, FRA40, Nikkei225, UK100, EU50, ES35, HKTECH, BVSPX, SA40, SPI200, SGP20 and TWINDEX.
With Gold forecast to reach new heights and Bybit expanding its multi asset class products across its various exchange trading capabilities, more traders are expected to turn to the exchange for access to their comprehensive suite of trading tools, with unique market offerings ranging from trending tokens to global indices. Bybit is committed to leading in user experience and redefining rewards in the crypto trading space.
Restrictions apply. Users may refer to the campaign page for further details.
#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
Logo – https://mma.prnewswire.com/media/2267288/Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/bybit-exchange-gold–fx-trading-hits-all-time-high-as-gold-prices-soar-302438498.html
-
Blockchain7 days ago
Islamic finance Market to Reach $3.4 Trillion by 2027 in the short run and $7.7 Trillion by 2033 Globally, at 12.0% CAGR: Allied Market Research
-
Blockchain4 days ago
Blocks & Headlines: Today in Blockchain – April 23, 2025 – EDPB, Binance, MicroCloud, Nile Coin, TruaBroker
-
Blockchain3 days ago
Blocks & Headlines: Today in Blockchain – April 24, 2025 (Decrypt, CoinDesk, Cointelegraph, 80 Level, UNDP/BGA)
-
Blockchain6 days ago
Blocks & Headlines: Today in Blockchain – April 22, 2025 (Activity‑Weighted Consensus, Pectra Upgrade, Yoki Legacy, Verae–Evercycle, Earth Day)
-
Blockchain4 days ago
Blaqclouds Board Approves 30-Day Revenue Acceleration and Ecosystem Monetization Plan
-
Blockchain Press Releases7 days ago
Introducing Clementine Bridge: Citrea Deploys First Complete BitVM Bridge Design on Testnet
-
Blockchain3 days ago
Blocks & Headlines: Today in Blockchain – April 25, 2025 | BitNile, Dutch Blockchain Week, Citigroup, Philippine Blockchain Week, D.O.G.E Foundation
-
Blockchain Press Releases4 days ago
10% Rebate: Bybit Card Introduces USDC Cashback