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CoinMarketCap Added Blofin to Its Exchange Category

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George Town, Cayman Island–(Newsfile Corp. – May 1, 2023) – Blofin, the premier perpetual futures exchange, has been added to CoinMarketCap‘s exchange category, the world’s largest crypto asset tracking website. This move aims at increasing the exchange’s visibility and adoption. It comes after a remarkable increase in community members and daily trading volume since its launch in January. The exchange’s 24-hour trading volume currently stands at over 300 million dollars.

CoinMarketCap Added Blofin to its Exchange Category

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Meeting the standards of CoinMarketCap(CMC), Blofin has implemented five different security measures to protect users’ assets. These include partnering with Fireblocks to offer liability insurance coverage, drawing on decentralized Merkle Tree verification to prove users’ funds in the platform’s reserve, using Wallet as a Service (WaaS) to keep users’ assets in third-party custody, and adopting KYT solution from AnChain for monitoring security, risk, and compliance.

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Before listing to the CMC, Blofin has also posted its financial data on Nansen as part of its Proof of Reserves (PoR) report to ensure transparency and user confidence. As per Nansen’s data, Blofin’s net worth has surpassed 5 million US dollars, with USDT representing 30.03% and USDC representing 21.18% of the total. To encapsulate resilience and transparency, Blofin committed to providing monthly updates on the PoR data to offer customers full assurance regarding the company’s financial stability and the safety of the users’ investments.

Matt, CEO of Blofin, shared the news on Twitter, stating, “It’s our great pleasure to receive confirmation from the best tracking website in the world. Thanks to all the users who like Blofin and their trust in us, we have achieved what we have today. Blofin will continue to pursue our mission and vision, further improve the trading and user experience, and provide the most reliable product to a wider audience. This is just the beginning.”

Functions of Blofin – A Premier Crypto Futures Exchange

Blofin is a focused crypto futures exchange that prioritizes the smooth operation of its platform. It carefully manages the liquidity on the platform while handling the tedious task of filling out numerous price-feeding sites. By taking care of these details, Blofin ensures that its users can focus on their trading strategies without worrying about technical or administrative issues.

The exchange offers a comprehensive range of functionalities to help investors trade crypto futures with ease and confidence. Specifically, users can:

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  • Trade 59 perpetual contracts margined in Tether
  • Track and analyze real-time market prices and contract information with pragmatic features
  • Check the most trending crypto news within the network
  • Securely deposit and withdraw token assets in the wallet for an instant account
  • Copy the operations from the top-notch master traders in the world

To experience the innovative power of Blofin, please go to the Blofin website or download the app from the Apple App Store and Google Play Store to trade easily on the go.

About Blofin

Blofin is a cryptocurrency futures trading exchange where users can get into cryptocurrency futures trading in an exciting and rewarding way. On Jan. 12th, 2023, Blofin launched its futures trading exchange platform packed with pragmatic security measures, including AI-powered algorithms, infrastructure, analysis, and more. Designed to offer all users an equal, transparent, and highly effective trading experience, Blofin is now inviting the best and brightest futures traders to join its pioneering program. Blofin team consists of serial entrepreneurs, executives from the traditional finance industry, professional traders, risk control professionals, and more.

Media Contact
Qi Ai
Content Manager from Blofin
Email: [email protected]
https://twitter.com/Blofin_exchange

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/164316

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Newsfile is a customer-focused newswire team that delivers press releases and corporate announcements to the global financial community. Approved by all stock exchanges, Newsfile offers broad access to media, analysts, investors and market participants. With agile services, proactive customer care and affordable pricing; Newsfile makes it easy for companies to tell their story to the audiences they need to reach.

Blockchain

Blocks & Headlines: Today in Blockchain – April 25, 2025 | BitNile, Dutch Blockchain Week, Citigroup, Philippine Blockchain Week, D.O.G.E Foundation

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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.

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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

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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

  1. Tokenization of Entertainment: BitNile’s Nile Coin on Solana highlights blockchain’s expansion into gaming economies and NFT reward systems.

  2. Convergence of Tech, Policy & Community: Dutch Blockchain Week showcases Web3’s evolution into an ecosystem engaging regulators, enterprises, and developers under one roof.

  3. Mainstream Inflection Point: Citigroup’s “ChatGPT moment” thesis suggests blockchain is poised for exponential adoption given regulatory support.

  4. Education as Catalyst: Philippine Blockchain Week’s myth-busting curriculum underscores the importance of public–private dialogue in emerging markets.

  5. 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.

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Blockchain

Chameleon Finance Launches Green Finance Initiative to Advance Sustainable Digital Asset Infrastructure

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Blockchain

Ov Finance Upgrades Blockchain Infrastructure to Deliver Faster, Safer Digital Asset Trading

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