Blockchain
HEYBIT, a Digital Asset Robo-advisor, announced their Launch of Global Service
HEYBIT, a digital asset robo-advisor platform founded in 2018 by “Uprise,” a Korean fintech startup, announced it will hold an opening event to commemorate the launch of their global service.
In commemoration of entering the global market, HEYBIT offers the stable coin of 10 USDT (Tether) worth $10 upon initial subscription. In addition, if a user subscribes through the invitation code generates investment returns, 10% of the HEYBIT fee will be paid to the recommender and the new subscriber.
HEYBIT is a digital asset robo-advisor service with the aim of providing easy, convenient, and stable returns in volatile digital asset market. HEYBIT, Binance’s official partner, uses a quant algorithm-based strategy that can reliably handle high-frequency transactions and control volatility in digital assets to generate long-term profits.
To date, the cumulative transaction volume through HEYBIT is over $20 billion, and the cumulative return from November 2020 to December 2021 reached a rate competitive with other similar services. During the same period, MDD (Max DrawDown) was -11.25%, showing an effective defense of the decline compared to merely holding coins. As such, minimizing losses as much as possible while steadily making profits are the key strength of HEYBIT’s ForeFront strategy.
In recognition of its technological prowess, HEYBIT has won the grand prize at the startup program organized by the Korea UP Creative Audition and the Korea Development Bank (KDB) held in the same year after its establishment in 2018. Furthermore, HEYBIT was certified as “Future Unicorn” and “Technology Innovation Innobiz” through a program by the Ministry of SMEs and Startups, a Korean government agency established for SME policy.
Moreover, its business value and technology were recognized by a number of institutions such as Hana Bank, one of the largest banks in Korea, by signing R&D cooperation for financial services with robo advisor solutions. Also, it received 12 billion won (about $10 million) in investment through seed and series B round investment by 2020 and succeeded in attracting an additional $20 million dollars through series C round in 2021, increasing the total amount of investment attraction to $30 million dollars.
Now, HEYBIT is planning to expand its market share by driving the momentum to enter the global market. Visit HEYBIT’s official website for details:
SOURCE HEYBIT
bybit lucky
Blockchain
Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin)
Blockchain technology continues to drive innovation across industries, reshaping finance, infrastructure, and philanthropy. Today’s news roundup explores exciting developments in blockchain ETFs, tokenization funding, quantum-resistant chips, public blockchain initiatives, and impactful social projects. Here’s a deep dive into the latest blockchain headlines:
BlackRock ETF Embraces Blockchain with First Muni Bond Purchase
BlackRock’s blockchain-focused ETF has made its first foray into municipal bonds, signaling increased confidence in integrating blockchain technology with traditional finance. The ETF’s strategic investment demonstrates how blockchain can enhance transparency and efficiency in bond markets.
By tokenizing municipal bonds, BlackRock aims to simplify trading and settlement processes while reducing associated costs. This development underscores the growing role of blockchain in transforming financial instruments and fostering greater market accessibility.
Source: Yahoo Finance
Plume Secures Funding for Tokenization Platform
Blockchain fintech company Plume has raised significant funding to advance its tokenization platform. The company’s innovative approach enables businesses to convert real-world assets into digital tokens, streamlining asset management and unlocking liquidity.
Tokenization is rapidly gaining traction as a game-changer in sectors such as real estate, art, and commodities. Plume’s success reflects a broader trend of investment in blockchain solutions that bridge the gap between traditional assets and decentralized technologies.
Source: Fortune
SEALSQ and Hedera Partner for Quantum-Resistant Blockchain Chips
SEALSQ and Hedera have announced a groundbreaking collaboration to develop quantum-resistant chips designed to secure blockchain infrastructure. These advanced chips will provide robust protection against future quantum computing threats, ensuring the integrity of blockchain networks.
As quantum computing capabilities evolve, safeguarding blockchain ecosystems becomes increasingly critical. This partnership highlights the importance of proactive measures in maintaining the resilience and trustworthiness of decentralized systems.
Source: The Quantum Insider
Deutsche Bank’s Public, Permissioned Blockchain Initiative
Deutsche Bank’s Layer 2 blockchain solution is set to go public and operate as a permissioned network, according to its tech partner. This initiative aims to strike a balance between accessibility and security, leveraging blockchain to streamline financial services and enhance operational efficiency.
The decision to adopt a public, permissioned model reflects a growing trend among enterprises seeking to harness the benefits of decentralization while maintaining control over sensitive data. Deutsche Bank’s approach could serve as a blueprint for other financial institutions exploring blockchain adoption.
Source: CoinDesk
KuCoin’s “Light Up Africa” Initiative Brings Hope to Thousands
Cryptocurrency exchange KuCoin has made a significant impact through its “Light Up Africa” donation ceremony in Ghana, benefiting 36,000 children across the continent. The initiative combines blockchain technology with philanthropy to address energy poverty and support education.
By leveraging blockchain for transparency in charitable contributions, KuCoin sets an example of how the crypto industry can drive meaningful social change. The project demonstrates the potential of blockchain to empower communities and foster sustainable development.
Source: PR Newswire
Industry Implications and Key Takeaways
Today’s developments highlight the transformative potential of blockchain across multiple domains:
- Integration with Traditional Finance: BlackRock’s ETF underscores the synergy between blockchain and established financial systems.
- Tokenization Trends: Plume’s funding success reflects the growing demand for digital asset solutions.
- Quantum-Resistant Technologies: SEALSQ and Hedera’s partnership addresses emerging cybersecurity challenges.
- Enterprise Blockchain Adoption: Deutsche Bank’s public, permissioned network showcases the adaptability of blockchain in financial services.
- Social Impact: KuCoin’s philanthropic efforts illustrate blockchain’s capacity to drive positive societal outcomes.
The post Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin) appeared first on News, Events, Advertising Options.
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