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Xapo Bank Expands its Stablecoin Payment Rails, Becoming The First Licensed Bank To Enable Both USDC and USDT Deposits and Withdrawals

Xapo Bank highlights a strong appetite since enabling USDC deposits in November, receiving $48 Million in USDC deposits and enabling $4.5M in USDC withdrawals since the function went live in March* BANGKOK, THAILAND – Media OutReach – 18 May 2023 – Xapo Bank, a fully licensed private bank that combines traditional banking with access to Bitcoin and stablecoins, has become the first bank in the world to […]

Family and health overtake professional success as most important priorities post pandemic: new Prudential and Economist Impact report

70 per cent of people in Asia surveyed say how they define success has changed in the past few years 46 per cent cite spending more time with family as the most important aspiration today One-third of Asian respondents say they regularly make contributions to a retirement fund as a means of improving their financial health HONG KONG SAR – Media OutReach – 17 May 2023 – […]

BingX CEX lists Milady Meme Coin and others on its trading platform

SINGAPORE – Media OutReach – 16 May 2023 – BingX, one of the leading cryptocurrency exchanges, has been making waves in the market with its proactive approach to partnering with reputable meme coin projects. The platform has successfully listed several highly regarded meme coins, including FOUR Coin, MILADY Coin and PIZABRC Coin, providing users with exciting trading opportunities. Meme coins have gained significant popularity in recent days […]

Xapo Bank Expands its Stablecoin Payment Rails, Becoming The First Licensed Bank To Enable Tether Deposits and Withdrawals

Xapo Bank highlights strong appetite since enabling USDC deposits in November, receiving $48 Million in USDC deposits and enabling $4.5M in USDC withdrawals since the function went live in March* BANGKOK, THAILAND – Media OutReach – 16 May 2023 – Xapo Bank, a fully licensed private bank that combines traditional banking with access to Bitcoin and stablecoins, has become the first bank in the world to integrate […]

Bybit’s User Base Booms, Exceeds 15 Million with a 50% Increase in Mere Months

DUBAI, UNITED ARAB EMIRATES – Media OutReach – 10 May 2023 – Bybit, the world’s third most visited crypto exchange, announced a 50% increase in its global user base, growing from 10 million users in Q3, 2022 to 15 million to date. Bybit has released next-level products to create a winning streak — just like the Oracle Red Bull Racing car showpiece in its new Dubai office. […]

Another major Dubai crypto scam unearthed

Arabian Post Staff Thanks to several initiatives by the UAE government, the cryptocurrency industry has recorded exponential growth in the emirate. Dubai has been promoting itself as a global centre for crypto assets, leading to the establishment of the biggest crypto exchange platforms.  In April 2022, Bybit announced it was relocating its headquarters from Singapore to Dubai and crypto.com is creating a regional hub in Dubai. In […]

BingX Shifts focuses on Layer 2 Tokens listings

SINGAPORE – Media OutReach – 12 May 2023 – BingX, one of the leading cryptocurrency exchanges, has announced a strategic shift in focus to Layer 2 tokens listings. The decision was made in response to the growing demand for Layer 2 solutions and the need to enhance the overall trading experience for its users. The move comes at a time of extreme congestion on blockchain networks, which […]

Bybit Revs Up Its Sponsorship Game: Backing Safehouse Racegraph in Lamborghini Super Trofeo Asia

DUBAI, UNITED ARAB EMIRATES – Media OutReach – 11 May 2023 – Bybit, the world’s third most visited crypto exchange, is proud to announce its official sponsorship of the Safehouse Racegraph Lamborghini team for Super Trofeo in Asia. This partnership is a thrilling new step for Bybit, as it continues to accelerate toward the future of finance. With this sponsorship, Bybit will be supporting Safehouse Racegraph’s quest […]

USDToch Unveils On-Chain Lending Ecosystem for DeFi 2.0

NEW YORK, US – Media OutReach – 12 May 2023 – USDToch provides a lending solution for DeFi 2.0. Building on the existing enhanced capital utilization enabled by over-collateralized lending, it further enhances the investment returns on the staking side. It also plans to introduce traditional assets into the DeFi lending system in the form of RWA soon. Lending is one of the oldest economic activities in […]

BingX CEX listed $PEPE, A Meme coin and Looks to List More

SINGAPORE – Media OutReach – 11 May 2023 – BingX, one of the leading cryptocurrency exchange, has listed $PEPE, one of the most popular meme coins in the market, and is actively seeking to list more meme coins in the future. This decision is a strategic move to take advantage of the hype and growing interest in meme-based cryptocurrency projects. Unlike decentralized exchanges (DEX), centralized exchanges (CEX) […]

BingX Supports $GALA Coin Upgrade on 15th May 2023

SINGAPORE – Media OutReach – 4 May 2023 – BingX, the cryptocurrency exchange, has announced its support for the upcoming token upgrade and drop by Gala Games. The Gala Games ecosystem will soon release its updated token, GALA(v2), which is expected to improve the security, scalability, and sustainability of their platform. To prepare for the coin upgrade, BingX will suspend the deposits and withdrawals of GALA on […]

BingX Takes Up Research for BRC-20 Coins Listing

SINGAPORE – Media OutReach – 5 May 2023 – BingX, one of the leading cryptocurrency exchange, is pleased to announce that it has initiated research on BRC-20, an emerging token standard on blockchain. The recent popularity of the BRC-20 token standard of Bitcoin, particularly after the recent rise of the memecoin, has resulted in the creation of over 8,000 unique tokens using the BRC-20 standard, with the […]

CEX trading volumes decline in April after months of growth: Kaiko – Cointelegraph

Latest Crypto News: Bitcoin Association Moves To Washington DC, Securities Token …

Bitkub CEO Jirayut (Topp) Srupsrisopa Speaks to Xapo’s Bank Maverick Podcast on Blockchain, Democratising Finance and Bitcoin in Southeast Asia

BANGKOK, THAILAND – Media OutReach – 2 May 2023 – Xapo Bank, the world’s first international private bank to combine traditional banking with Bitcoin, has welcomed Jirayut (Topp) Srupsrisopa as a guest on its Maverick podcast to share his thoughts on the evolution and future of blockchain, crypto and decentralised finance in Southeast Asia. The episode is available now via Xapo Bank’s website. The Mavericks podcast series […]

BingX Supports the Listing of Humanode ($HMND)

SINGAPORE – Media OutReach – 28 April 2023 – BingX, one of the leading crypto exchanges, recently announced its support for the Humanode, a platform aiming to create a powerful and sustainable decentralized network for financial applications, which offers its users the opportunity to participate in this promising project. Humanode is a human-powered crypto-biometric network that integrates pioneering cryptography with private biometrics and blockchain technology. Based on […]

IMF Provides A Shot In The Arm For Modi’s Campaign For 2024 Polls

By K Raveendran The Narendra Modi government, facing persistent criticism that the poor has become poorer and rich richer under its policies, couldn’t have asked for anything better. The IMF has literally ‘come to the aid of the party’ asserting that India’s achievement in financial inclusion is truly remarkable. The certificate will be of great […]

The post IMF Provides A Shot In The Arm For Modi’s Campaign For 2024 Polls first appeared on IPA Newspack.

Bybit CEO Visits Turkey to Back Growth of Crypto in the Region

ISTANBUL, TURKEY – Media OutReach – 26 April 2023 – Last week, Ben Zhou, co-founder and CEO of top crypto exchange Bybit visited Turkey to meet with affiliates, start-ups, and clients to discuss how best to support crypto adoption in the region and pave the way for sustainable growth. Zhou said the Bybit team will use information gleaned from their meetings to better hone Bybit’s offerings. Bybit […]

European parliament enacts world’s first crypto law

Arabian Post Staff The European Parliament has endorsed the world’s first legislative framework intended to govern the burgeoning cryptocurrency sector. The legislative body has voted 517 to 38 in favour of the Markets in Crypto Act (MiCA), marking a significant milestone in the global regulation of digital assets. Societe Generale’s cryptocurrency division, SG Forge, has announced the launch of a stablecoin pegged to the euro (EUR) on […]

Results of the ixCrypto Index and ixCrypto Portfolio Indexes Quarterly Review (2023 Q1)

HONG KONG SAR – Media OutReach – 21 April 2023 – Today, IX Asia Indexes Company Limited (“IX Asia Indexes”) announced the 2023 1st quarter review of the ixCrypto Index (“IXCI”) and ixCrypto Portfolio Indexes with results of the constituent review and exchange review as follows: 1. Constituent Review 1.1. ixCrypto Index The number of constituent cryptos will remain unchanged as 33 constituents with 4 additions and […]

The Hong Kong Web3 Festival has successfully ended, and CoinW opened three themed events in two days, marking a “highlight” moment of its visit to Hong Kong

TAIWAN – Media OutReach – 19 April 2023 – The Web3 industry welcomes the “Hong Kong moment”. In April, There are over 100 Web3 events or conferences of all sizes hosted in Hong Kong, with the largest and most influential being the 2023 Hong Kong Web3 Festival. From April 12th to 15th, tens of thousands of Web3 practitioners and enthusiasts from around the world will gather in […]

Crypto exchange opens global HQ in Dubai

Bybit, the world’s third most visited crypto exchange with 15 million users worldwide, announced the grand opening of its global headquarters in Dubai. The second largest crypto exchange in the Middle East and North Africa (MENA) also revealed future plans to elevate its global presence with a stronger foothold in the region. Occupying a full floor at One Central, Dubai World Trade Center, Bybit’s corporate headquarters boasts […]

Bybit Opens Global Headquarters in Dubai on the Heels of 50% Increase in User Base

DUBAI, UNITED ARAB EMIRATES – Media OutReach – 18 April 2023 – Bybit, the world’s third most visited crypto exchange with 15 million users worldwide, announced the grand opening of its global headquarters in Dubai today. The second largest crypto exchange in the Middle East and North Africa (MENA)1 also revealed future plans to elevate its global presence with a stronger foothold in the region. Occupying a […]

CA Wallet Portkey Shows How Users Can Flock Into Web3 at Hong Kong Web3 Festival

HONG KONG SAR – Media OutReach – 17 April 2023 – Portkey, the first Contract Account (CA) wallet from aelf’s ecosystem, delivered keynote speech at a special session held by Microsoft at Hong Kong Web3 Festival, and made presentation at “Demo Day” session on the same day. The four-day Web3 Festival co-hosted by Wanxiang Blockchain Labs and HashKey Group has attracted over 10,000 participants and 300 distinguished […]