Author: saad@menanewswire.com

DUBAI, UAE, July 24, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, in partnership with BlockScholes, is pleased to release its latest Crypto Derivatives Analytics Report. The report delves into recent market movements and their connection to political events, specifically highlighting the impact of former President Donald Trump’s probability of reelection. Key Findings: The crypto market has rebounded significantly from the June sell-offs, with open interest in futures and yields showing notable recovery. This resurgence, termed the “Trump Trade,” aligns with the heightened market optimism surrounding Trump’s potential return to the White House and the implications…

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SINGAPORE, July 24, 2024 /PRNewswire/ — aelf, the leading Layer 1 blockchain network at the forefront of AI and blockchain convergence, announced the appointment of Brian Liang as its first Chief Operating Officer. “Brian’s arrival at aelf signals a new era for our company as we continue to integrate AI within our blockchain framework,” said Auric, founder of aelf. “His extensive background in managing complex business operations and strategic initiatives in the blockchain and finance sectors makes him the perfect fit to lead aelf’s operational strategies during this transformative phase. We are excited to leverage his expertise to further our…

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DUBAI, UAE, July 24, 2024 /PRNewswire/ — Bybit, the world’s second-largest crypto exchange by trading volume, is excited to announce the launch of the Spot Liquidity Pairing Program. This initiative aims to connect quality Market Makers with projects seeking improved liquidity. The Spot Liquidity Pairing Program offers liquidity providers the opportunity to join and collaborate with Bybit. One of the key benefits of the program is the visibility it provides to Premium Liquidity Providers. Bybit will highlight Liquidity Providers in the “Premium” category on the recommendation list to projects. This recognition helps in establishing strong partnerships and attracting more potential projects.…

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DUBAI, UAE, July 24, 2024 /PRNewswire/ — Bybit, the world’s second-largest crypto exchange by trading volume, is excited to launch the revolutionary Block Trading. By introducing this cutting-edge feature, Bybit aims to revolutionize the way individuals and institutions engage in large-scale asset transactions, providing faster and more secure trading experiences for all. Bybit Block Trading offers zero fees, making trading accessible to all users and enabling traders to maximize returns without incurring additional expenses. Moreover, Bybit prioritizes the security of user accounts and assets by enforcing strict verification processes and employing robust scanning protocols. This ensures transactions occur in a secure…

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VICTORIA, Seychelles, July 23, 2024 /PRNewswire/ — Bitget, the leading cryptocurrency exchange and Web3 company, and Upland, the leading immersive Layer1 gaming platform, are excited to announce a strategic partnership centered around the launch of the utility token SPARKLET on Ethereum. This collaboration will include the establishment of Bitget’s virtual headquarters in the metaverse built by Upland, with extensive token airdrops and rewards for both Upland and Bitget communities. The partnership signifies Bitget’s entrance into the metaverse, offering an immersive experience to its users. Bitget will establish the “Traders’ Hub” on Treasure Island, featuring the Bitget Headquarters and a captivating café with…

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VICTORIA, Seychelles, July 23, 2024 /PRNewswire/ — Bitget, the leading cryptocurrency exchange and Web3 company, announced the exclusive listing of Upland’s first-ever tradable token SPARKLET on the Bitget Launchpool. The one-of-its-kind metaverse project will launch its token generation event (TGE) in collaboration with Bitget, allowing the platform’s users to have priority access for the awaited token. The farming for SPARKLET will start at 13:00 (UTC), on 24th July and end on 1st August 2024. With this, users can stake Bitget Token (BGB) to earn a total prize pool of 7,000,000 SPARKLET tokens. The SPARKLET/USDT pair will be listed on Bitget Spot…

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DUBAI, UAE, July 23, 2024 /PRNewswire/ — Bybit, the world’s second-largest web3 platform by trading volume, continues to enhance user convenience and accessibility by integrating Solana Blinks into its Web3 ecosystem. This integration reflects Bybit Web3’s commitment to simplifying user access and enhancing the convenience of engaging with cryptocurrencies. Bridging the Gap Between Web2 and Web3 Bybit Web3’s support for Blinks eliminates the friction between their Web2 environments and the exciting possibilities of Web3. Users can now seamlessly interact with the decentralized world, purchasing tokens or NFTs directly on X and effortlessly confirming transactions with their Bybit Web3 Wallet extension.…

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DUBAI, UAE, July 22, 2024 /PRNewswire/ — Bybit, the world’s second-largest web3 platform by trading volume, proudly announces the launch of Next-Gen Web3 Writers: Global Challenge co-hosted by Bybit Web3 and Bybit Learn. This exciting initiative aims to empower young minds, ignite creativity, and foster a deeper understanding of Web3 technology. “At Bybit Web3, we’re passionate about fostering innovation and empowering young minds within the Web3 space,” said MK Chin, Bybit Web3 Evangelist. “We invite the young visionaries of today to lend their voices, write, and share their stories. Your unique perspectives and innovative ideas are the catalysts that will shape…

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TORTOLA, British Virgin Islands, July  22, 2024 /PRNewswire/ — Worldwide Stablecoin Payment Network (WSPN), a global digital payments leader, and HELIX, a leading Real World Asset (RWA) DeFi protocol, are excited to announce their partnership to explore a fiat-collateralized stablecoin backed by RWA assets. WSPN, known for its innovative digital payment solutions, is the issuer of Worldwide USD (WUSD), a fiat-collateralized stablecoin pegged 1:1 against the US dollar. This partnership integrates TradFi with DeFi, offering a robust and secure investment backed by real-world assets. The fiat-collateralized stablecoin will leverage HELIX’s RWA expertise and WSPN’s cutting-edge stablecoin infrastructure to provide transparent,…

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– Collaboration Strengthens DeFi Ecosystem with Advanced Options Infrastructure SINGAPORE, July 22, 2024 /PRNewswire/ — Moby, an on-chain options protocol backed by its pioneering Synchronized Liquidity Engine (SLE) that offers the narrowest spreads in the market, today announced a collaboration with GMX, the largest decentralized perpetual exchange on Arbitrum and Avalanche. This collaboration aims to support insurance options for perpetual traders, providing protection against liquidation risks. GMX, a pioneering perpetual exchange, offers traders low fees, deep liquidity, reduced liquidation risks, and transparent pricing. With close to a 100 decentralized finance integrations, GMX has built a powerful ecosystem and functions as a…

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