Blockchain Press Releases
MEXC Launches DEX+: One-Stop Platform For Seamless On-Chain and Off-Chain Trading
VICTORIA, Seychelles, March 18, 2025 /PRNewswire/ — MEXC, a leading global cryptocurrency exchange, announced the launch of DEX+, the market’s first innovative CEX and DEX hybrid product that provides a seamless, one-stop experience for both on-chain and off-chain trading. This development marks a significant milestone in the evolution of hybrid crypto trading platforms. DEX+ allows users to trade directly on decentralized exchanges (DEXs) through the MEXC app and website, offering access to a wide range of on-chain assets. The initial version of DEX+ will support the Solana ecosystem, enabling users to trade over 10,000 tokens available on Raydium and pump.fun, with future expansion to additional DEXs and blockchain networks.
DEX+ stands out by addressing many of the common pain points faced by users on traditional DEX platforms. Conventional DEX interfaces require users to navigate multi-step interactions with complex on-chain processes such as token approvals, transaction signings, and cryptocurrency swaps. MEXC’s DEX+ simplifies this process entirely. Users can transfer funds directly into their DEX+ account and execute buy and sell orders without dealing with intricate on-chain operations. This approach makes decentralized trading more accessible, especially for new crypto users.
“MEXC’s DEX+ bridges the gap between centralized efficiency and decentralized freedom. Despite the growing popularity of DEXs, the lack of user-friendly interfaces and high transaction fees remain a significant hindrance to widespread adoption. Through DEX+, MEXC aims to solve these issues by providing a familiar, CEX-like trading experience while retaining the benefits of accessing on-chain assets. Users can seamlessly switch between centralized exchange and DEX+ features,” said Tracy Jin, COO of MEXC.
MEXC is dedicated to offering a diverse range of accessible assets through its listing strategy and innovative products, all while ensuring top-tier security for its users. MEXC delivers comprehensive custodial wallet management for DEX+ users, ensuring security at an institutional level. Additionally, the platform offers Proof of Reserves, ensuring asset integrity and exceptional transparency. Users’ assets are backed 1:1, and customer fund compensation requirements are fully covered. This dual-layer protection ensures unmatched security for user assets.
Furthermore, MEXC announced its collaboration with GoPlus, an independent third-party security provider that inspects the safety of all trading pairs listed on the platform. This added measure boosts user confidence and transparency, allowing them to trade with greater assurance and peace of mind.
Moving forward, MEXC’s DEX+ is expected to play a pivotal role in the continued growth of DeFi and DEX ecosystems. As more users transition toward decentralized trading platforms, integrating CEX and DEX models will become increasingly important. With DEX+, MEXC strives to stand at the forefront of this innovative trend.
To celebrate the successful launch of DEX+, MEXC is pleased to announce its incentive program: new users completing trades of 100 USDT or more on the DEX+ platform will be eligible to receive a 20 USDT reward. For more details, please visit: https://www.mexc.com/dex-rewards.
About MEXC
Founded in 2018, MEXC is dedicated to being “Your Easiest Way to Crypto.” Known for its extensive selection of trending tokens, airdrop opportunities, and low fees, MEXC serves over 34 million users across 170+ countries. With a focus on accessibility and efficiency, our advanced trading platform appeals to both new traders and seasoned investors alike. MEXC provides a seamless, secure, and rewarding gateway to the world of digital assets.
For more information, visit: MEXC Website｜X｜Telegram｜How to Sign Up on MEXC
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Blockchain Press Releases
Bybit Partnered with University of Wollongong in Dubai to Host Exclusive Demo Trading Challenge
DUBAI, UAE, March 18, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has partnered exclusively with the University of Wollongong in Dubai (UOWD) to host a Demo Trading Challenge & Workshop at UOWD campus. This initiative equipped students from Business Analysis, Finance, Accounting, and other business-related disciplines with practical trading knowledge, enhanced their understanding of cryptocurrency markets, and bridged the gap between academic theory and real-world trading strategies.
UOWD, the UAE’s first international Australian university, is recognized for its commitment to academic excellence and industry collaboration. Accredited by both the UAE Ministry of Education and Australia’s Tertiary Education Quality and Standards Agency (TEQSA), UOWD has played a key role in developing future business and finance leaders.
Bybit leveraged this collaboration to strengthen its ties with UOWD, increase brand visibility within the academic community, and introduce students to the Bybit trading ecosystem. Additionally, this initiative aligned with Bybit’s broader strategy to identify and recruit top-tier fresh graduates, expanding its talent pipeline in the region.
The workshop provided participants with hands-on experience using Bybit’s demo trading platform, allowing them to navigate market fluctuations in real time while learning key strategies from industry experts. The event culminated in a competitive trading challenge, where students applied their newly acquired knowledge in a dynamic, risk-free environment.
Attendees also gained insights from a lineup of distinguished speakers alongside Bybit’s senior product managers specializing in trading bots, copy trading, and demo trading. Their expertise gave students a deeper understanding of spot and contract trading processes, market data analysis, and risk management.
“At Bybit, we believe that financial literacy and hands-on experience are key to unlocking opportunities in the digital economy,” said Phoebe Peng, Head of Organization Development at Bybit. “Through this collaboration with UOWD, we empowered the next generation of professionals with the skills and knowledge needed to thrive in the evolving world of cryptocurrency trading.”
This partnership underscored Bybit’s dedication to fostering financial literacy and talent development within the digital asset ecosystem. Bybit continues to expand its engagement with educational institutions worldwide, creating opportunities for emerging professionals to explore the potential of Web3 and decentralized finance.
#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
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SHANGHAI, March 18, 2025 /PRNewswire/ — Cango Inc. (NYSE: CANG) (“Cango” or the “Company”), a leading Bitcoin mining company with an automotive transaction service in China, today announced that it has been included in the Bitwise Bitcoin Standard Corporations ETF (NYSE Arca: OWNB), launched by Bitwise Asset Management on March 11, 2025. The exchange-traded fund (ETF) tracks the Bitwise Bitcoin Standard Index, providing investors with exposure to forward-looking publicly traded corporations holding a minimum of 1,000 Bitcoins on their balance sheets.
“We are proud to be included in the recently launched Bitwise Bitcoin Standard Corporations ETF. Our inclusion highlights the industry’s acknowledgement of our strategic pivot to Bitcoin mining and significant achievements in such a short time,” said Mr. Jiayuan Lin, Chief Executive Officer of Cango. “As a forward-looking company, our future-ready business model ensures we are well-positioned for sustained growth, global expansion, and operational flexibility in the Bitcoin mining sector in 2025 and beyond.”
Since transitioning to a capital-light Bitcoin mining model in Q4 2024, Cango has achieved a number of milestones, including leading the industry in productivity per hash rate with 17.81 Bitcoin per EH/s and securing a hashrate of 32 EH/s, ranking 3rd globally.
About Cango Inc.
Cango Inc. (NYSE: CANG) primarily operates a leading Bitcoin mining business. Headquartered in Shanghai, China, Cango has deployed its mining operation across strategic locations including North America, Middle East, South America, and East Africa. Cango expanded into the crypto assets market in November 2024, driven by the development in blockchain technology, increasing prevalence of crypto assets and its endeavor to diversify its business. Meanwhile, Cango has continued to operate the automotive transaction service in China since 2010, aiming to make car purchases simple and enjoyable. For more information, please visit: www.cangoonline.com.
Safe Harbor Statement
This announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” and similar statements. Cango may also make written or oral forward-looking statements in its periodic reports to the SEC, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about Cango’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: Cango’s goal and strategies; Cango’s expansion plans; Cango’s future business development, financial condition and results of operations; Cango’s expectations regarding demand for, and market acceptance of, its solutions and services; Cango’s expectations regarding keeping and strengthening its relationships with dealers, financial institutions, car buyers and other platform participants; general economic and business conditions; and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in Cango’s filings with the SEC. All information provided in this press release and in the attachments is as of the date of this press release, and Cango does not undertake any obligation to update any forward-looking statement, except as required under applicable law.
Investor Relations Contact
Yihe Liu
Cango Inc.
Tel: +86 21 3183 5088 ext.5581
Email: [email protected]
Helen Wu
Piacente Financial Communications
Tel: +86 10 6508 0677
Email: [email protected]
View original content:https://www.prnewswire.co.uk/news-releases/cango-inc-joins-bitwise-bitcoin-standard-corporations-etf-302404481.html
Blockchain Press Releases
BingX Levels Up Trading Experience with CScalp’s Advanced Features & Fee Discounts
PANAMA CITY, Panama, March 18, 2025 /PRNewswire/ — BingX, a global leading cryptocurrency exchange, is excited to announce its integration with CScalp, a free and powerful trading terminal designed for active cryptocurrency and futures traders. This partnership aims to provide BingX users with advanced trading tools and a seamless trading experience across multiple exchanges.
CScalp is renowned for its robust features tailored for scalping and intraday trading. The platform allows traders to operate across multiple exchanges and trade different instruments within a single interface. Its user-friendly interface and comprehensive tools are optimized for quick market analysis, one-click order placement, and efficient position management.
With this integration, BingX users can now leverage CScalp’s capabilities to enhance their trading strategies. The platform’s features, such as multi-account management, stable connection, and customizable workspace, will enable users to execute trades more efficiently and effectively. BingX users can also benefit from discounts on exchange fees, access to trading signals, and an active trader community, fostering a more informed and cost-effective trading experience.
“We are thrilled to integrate BingX with CScalp, providing our users with a powerful tool to enhance their trading experience”, said Vivien Lin, Chief Product Officer of BingX. “This collaboration underscores our commitment to offering innovative solutions that cater to the diverse needs of our trading community.”
This integration not only benefits individual traders but also strengthens BingX’s position in the market by offering a more versatile and user-centric platform. By aligning with CScalp, BingX continues to demonstrate its dedication to providing cutting-edge tools and services that empower its users to navigate the dynamic cryptocurrency trading landscape with confidence.
About BingX
Founded in 2018, BingX is a leading crypto exchange, serving over 20 million users worldwide. BingX offers diversified products and services, including spot, derivatives, copy trading, and asset management – all designed for the evolving needs of users, from beginners to professionals. BingX is committed to providing a trustworthy platform that empowers users with innovative tools and features to elevate their trading proficiency. In 2024, BingX proudly became the official crypto exchange partner of Chelsea Football Club, marking an exciting debut in the world of sports.
For more information please visit: https://bingx.com/
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