Author: saad@menanewswire.com

DUBAI, UAE, July 12, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is thrilled to announce the launch of its blockchain clash competition: the Ultimate Memecoin Arena (UMA). This event will showcase a thrilling showdown between two heavyweight meme tokens, Ponke and Brett, representing Solana and Base — two blockchains battling to be the main venue for memecoin launches and trading. Kicking off on Jul. 11, 2024, at 10AM UTC, and running through Jul. 25, 2024, participants will engage in an epic clash between Solana and Base by supporting their favorite coin from their chosen blockchain.…

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DUBAI, UAE, July 12, 2024 /PRNewswire/ — Bybit, the world’s second-largest web3 platform by trading volume, breaks down barriers between Bitcoin and the Ethereum Virtual Machine (EVM) ecosystems with its partnership of Ignition. Supported by core contributors Mantle and Antalpha Prime, Ignition is paving the way for a low-friction and interoperable future. It extends Bitcoin’s functionality beyond its traditional role as a store of value and transforms it into a reliable asset for cross-chain integrations and diverse yield opportunities. Bybit Web3 Wallet will support FBTC, an omnichain Bitcoin asset pegged 1:1 to BTC, introduced by Ignition. This strategic collaboration empowers…

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VICTORIA, Seychelles, July 12, 2024 /PRNewswire/ — KuCoin Research has released its latest monthly report, providing comprehensive insights into the cryptocurrency market’s performance in June. The report highlights significant developments shaped by macroeconomic uncertainty and technological innovations, underscoring the dynamic nature of the crypto sector. Despite the challenges, interest in AI themes has propelled NVIDIA’s market value to new heights, making it the highest-valued company globally. In the stablecoin sector, the issuance volumes for USDT and USDC remained stable, reflecting a cautious market sentiment. TON’s ecosystem thrived against downward market trends, achieving over 80% growth in TVL, mainly due to…

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BRITISH FOOTBALL CLUB LAUNCHES CRYPTO FRIENDLY SPONSORSHIP OPTIONS NORFOLK, England, July 11, 2024 /PRNewswire/ — King’s Lynn Town FC is delighted to welcome our first ever crypto partner “Neuracat on Solana” who will sponsor our first team’s home and away shorts next season. This unique partnership is the first of its kind by a Solana based memecoin; previous examples of memecoin sponsorships include Floki Inu a ERC-20 memecoin which sponsored Italy’s SSC Napoli, Spain’s Cadiz and India’s Kerala Blasters. NeuraCat is a cat-themed memecoin inspired by the first ever meme created using only the power of telepathy. While on a…

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VICTORIA, Seychelles, July 11, 2024 /PRNewswire/ — Bitget, the leading cryptocurrency exchange and Web3 company, has announced its plans of collaborating with Tomarket, the fastest growing TON dApp backed by Bitget Wallet and Foresight X. The partnership with Tomarket enables Bitget’s ecosystem to jointly explore more innovative projects and investment opportunities to grow TON’s crypto interaction experience with dApps, and one-tap applications. Launched on 4th July, Tomarket surpassed the growth pace of other popular TON dApps, reaching 1 million users in just five days, according to a tweet posted by crypto influencer CryptoPunker. With a total daily active userbase of 600K…

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SINGAPORE, July 11, 2024 /PRNewswire/ — Cactus Custody, a Matrixport subsidiary specialising in digital assets, was awarded the “Custodian of the Year—APAC” at the HedgeWeek Global Digital Assets Awards 2024. The nomination highlighted excellence in digital asset services. The awards are judged based on detailed research by the in-house team and a widespread survey of more than 100 global digital asset fund managers. This accolade follows the recent announcement of their off-exchange settlement solution, Cactus Oasis, designed to safeguard institutional investment assets against inherent counterparty risks. Wendy Jiang, General Manager of Cactus Custody, remarked, “Receiving the ‘Custodian of the Year—APAC’…

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VICTORIA, Seychelles, July 11, 2024 /PRNewswire/ — Bitget, the leading cryptocurrency exchange and Web3 company, has released the quarterly transparency report for Q2 2024 showcasing the company’s progress in the year so far. Q2 2024, Bitget experienced a substantial increase in website traffic, seeing a nearly 50% rise, which brought in a surge of 10M monthly visitors. The exchange’s inflow of funds increased. Data from the Bitget Proof-of-Reserve (PoR) page indicates that in the first 6 months, the amount of users’ BTC, USDT, and ETH surged by 73%, 80%, and 153% respectively, equaling approximately $700 million in capital inflow. The…

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“United for global expansion beyond borders and sectors.” – MiL.k partnered with AirAsia rewards for global marketing collaboration and web3 exclusive events on The Sandbox.  – Plans to introduce MiL.k to global users through AirAsia rewards, a travel loyalty program with over 33 million members globally, and The Sandbox, one of the most representative metaverse platforms in the world.  – MiL.k will continuously discover its use cases satisfying both partners and users through the differentiated marketing activities. KUALA LUMPUR, Malaysia, July 11, 2024 /PRNewswire/ — For advancing the Web3 era, leaders of each industry had decided to establish a transcendent…

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VICTORIA, Seychelles, July 10, 2024 /PRNewswire/ — The rising adoption of cryptocurrency is driving significant technical innovations and investment opportunities. However, this rapid expansion also brings substantial risks to the crypto industry. TokenInsight’s latest report analyzes the regulatory compliance of the top 10 global cryptocurrency exchanges, with KuCoin emerging as a leader. According to the report, Binance leads the pack in securing regulatory approvals, followed closely by KuCoin, highlighting their commitment to obtaining necessary licenses across various jurisdictions. In terms of global reach, HTX covers the most legal and regulated countries, with KuCoin coming in second, demonstrating its dedication to operating…

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TORTOLA, British Virgin Islands, July 10, 2024 /PRNewswire/ — WSPN, a leading global digital payments company renowned for its commitment to transparency, speed, and efficiency, is excited to announce a significant advancement in its on-ramp experience for its flagship stablecoin, Worldwide USD (WUSD). Users can now seamlessly exchange fiat currencies for WUSD directly through a variety of convenient channels: Alchemy Pay’s Website: This partnership with Alchemy Pay allows users to purchase WUSD on the website before transferring the token onto other respective exchanges, making it ideal for users seeking a smooth and easy entry point. Four Major Cryptocurrency Exchanges: Bitget, BitMart,…

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