Author: saad@menanewswire.com

DUBAI, UAE, May 22, 2024 /PRNewswire/ — Bybit, one of the world’s top three crypto exchanges by volume, is thrilled to announce a limited-time exclusive offer for European traders. During this special event, European traders have the opportunity to maximize their earnings with this unprecedented offer. From now until June 20, 2024, new users can take advantage of 0 fees and remarkable APR on selected plans. Simply register a Bybit account now, verify your account and make your first deposit of $100 (or equivalent) via bank card or Google Pay. By doing so, traders can enjoy a fee-free trading experience during…

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Featuring CryptoYapper, AltCryptoGems, BeInCrypto, and Ronny Roehrig (CEO of Cripto Avances). DUBAI, UAE, May 22, 2024 /PRNewswire/ — Bybit Web3, the Web3 division of Bybit – one of the top three global crypto exchanges by trading volume, today announced its upcoming live stream event, “Memecoin Mavericks: Where Will the Winds of Memecoin Fate Blow?”  Scheduled for Friday, May 24, 2024, at 8:00 AM UTC, this hotly anticipated debate composed of renowned industry experts will go head-to-head on the significance and future of memecoins within the ever-evolving Web3 landscape. In addition to the expert firefight, the event boasts a popularity voting contest featuring…

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WILMINGTON, Del., May 22, 2024 /PRNewswire/ — Compass Mining, a platform for bitcoin mining hardware, hosting, and ancillary mining services, is pleased to announce the launch of ‘Accelerated by Compass’, a comprehensive initiative that supports Bitcoin mining sites at any stage of development. Compass Mining is an industry leader in hosted mining services for thousands of clients around the world and its Accelerated by Compass program aims to further its mission to provide more people with the tools and know-how to mine Bitcoin. This new program will support a wide range of services and resources, including expertise, funding, mentorship, networking,…

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NEW YORK, May 21, 2024 /PRNewswire/ — Lukka, the global leader in enterprise digital asset data and software solutions, proudly announces its acquisition of Coinfirm, a top-tier European based blockchain analytics software company. This acquisition deepens Lukka’s existing capabilities to now support a comprehensive set of on-chain analytics of compliance, AML, sanction screening, entity due diligence, and investigations business needs. The new combined offering utilizes the industry’s only audited, institutional grade datasets at a time when trust in the quality and accuracy of data has become essential. Since 2016, Coinfirm has been at the forefront of digital asset transaction analysis and monitoring, specializing…

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Livepeer AI tackles one of the most pressing challenges of the AI boom: the exponential demand for AI compute capacity NEW YORK, May 21, 2024 /PRNewswire/ — Open video infrastructure network Livepeer has announced the launch of its AI subnet. As the usage of generative AI increases, there’s a commensurate need for more adaptable, dynamic access to AI compute capabilities for builders, creators and developers, says Livepeer CEO Doug Petkanics: “AI inference is one of the most costly and compute heavy challenges with generative AI,” says Livepeer CEO Doug Petkanics. “Our global network of decentralized nodes can serve the growing demand…

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DUBAI, UAE, May 21, 2024 /PRNewswire/ — Bybit, one of the world’s top three crypto exchanges by trading volume, today celebrates a monumental milestone: surpassing 30 million registered users globally. This remarkable achievement comes alongside a period of exceptional growth, solidifying Bybit as a frontrunner in the blockchain industry. Market Share Soars, User Trust Flourishes Bybit’s market share in spot trading has skyrocketed from 2% in 2023 to a staggering 9.3% in 2024, a nearly 400% surge according to the latest Kaiko Research quarterly report. This significant leap from the previous year’s 7.3% firmly establishes Bybit as a leader in cryptocurrency exchange.…

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VICTORIA, Seychelles, May 21, 2024 /PRNewswire/ — Bitget, the leading cryptocurrency exchange and Web 3 company, today announces the appointment of Gracy Chen as its new Chief Executive Officer (CEO), effective in May 2024, succeeding Sandra Lou, who will be leaving the platform to pursue her own business goals. With over 10 years of experience in business management, marketing, and investment, Gracy proves herself to be a leading female entrepreneur in the crypto world. Since 2014, as a notable TV host, Gracy found herself increasingly drawn into the dynamic world of blockchain technology, hence, cryptocurrencies through her interactions with knowledgeable…

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VICTORIA, Seychelles, May 20, 2024 /PRNewswire/ — Bitget Wallet, one of the largest multi-chain wallets, has announced that its official ecosystem token will be listed on its native launchpad from May 23, 18:00 (UTC+8). This move marks a significant milestone in Bitget Wallet’s commitment to revolutionizing the digital asset landscape and providing users with unparalleled opportunities for growth and engagement. Users who have accumulated at least $200 worth of transactions in the month of May on Bitget Swap, the wallet’s native trading platform, will be eligible for the public round of the launchpad. “For a project to launch its own…

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VICTORIA, Seychelles, May 20, 2024 /PRNewswire/ — KuCoin Ventures, the investment arm of the global cryptocurrency exchange KuCoin, has announced a strategic investment in ELFi, a cutting-edge decentralized derivatives trading platform. This collaboration marks a significant milestone in the evolution of the cryptocurrency derivatives market, emphasizing the strategic partnership between the two entities. ELFi has been at the forefront of innovation in the decentralized finance (DeFi) space, offering a suite of advanced trading functionalities that cater to both retail and institutional investors. As a pioneer in supporting Portfolio Margin within the P2Pool model, ELFi has demonstrated its commitment to providing…

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India’s stance on cryptocurrency regulation appears to be evolving, with the Securities and Exchange Board of India (SEBI) advocating for multi-regulator oversight in contrast to the Reserve Bank of India’s (RBI) concerns about potential macroeconomic risks associated with private digital currencies. Documents obtained by Reuters reveal SEBI’s recommendation that various regulatory bodies supervise cryptocurrency trading, marking a significant departure from the country’s previous stringent approach towards virtual assets. SEBI’s position, previously undisclosed, signals a willingness among certain Indian authorities to explore the utilization of private virtual assets, diverging from the RBI’s assertion that such currencies pose significant macroeconomic threats. Since 2018, India has maintained a strict…

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