Latest news with #Web3
Cision Canada
2 hours ago
- Business
- Cision Canada
From Trading to Empowerment: HTX Unveils 2025 Mid-Year Performance and Strategic Roadmap
HTX Unveils 2025 Mid-Year Performance and Strategic Roadmap , July 31, 2025 /CNW/ -- HTX, a leading global crypto exchange, recently announced its robust performance for the first half of 2025, demonstrating resilient growth in both user base and trading volume despite macro headwinds and a shifting regulatory environment. To mark the occasion, HTX held a livestreamed strategy session on July 22, hosted by Molly, a leading voice within the HTX DAO ecosystem. The session featured a detailed review of HTX and HTX DAO's achievements in the first half of the year, alongside a preview of key initiatives planned for the second half. From user acquisition and asset expansion to DAO governance upgrades and global compliance, both platforms continue to push the boundaries of user empowerment and ecosystem growth in the crypto space. A Growth Paradigm Backed by Strategic Focus While many crypto exchanges experienced stagnation or even recession in the first half of 2025, HTX defied market gravity with strong double-digit growth: User base surged past 50 million, marking a 14% increase in the past six months Trading volume rose by 17% YoY, with traders increasing by 11% In Q1, HTX stood out as the only Top 10 exchange to post positive trading volume growth, despite broad market weakness Charting the Future with User Empowerment at the Core After a foundational first half, HTX is doubling down on its long-term goal of building a decentralized, fully transparent "People's Exchange," while HTX DAO is entering a new phase centered on community-driven governance. Climbing the compliance curve via on-chain value allocation According to Molly, HTX DAO is actively exploring partnerships with compliant U.S.-based exchanges. While regulatory complexity has slowed progress, the strategic intent remains clear and unwavering. Shifting governance and rewarding rights to the community through token empowerment HTX DAO's second-half priority is token-based empowerment. Beyond the existing voting and token recommendation mechanisms, new initiatives will further decentralize governance and incentivize participation: 1. DAO Treasury System: A share of trading fees will flow into a community-managed treasury, funding ecosystem growth and innovation. 2. On-Chain Point-Based Reward System: Community engagement, such as posting, content sharing, or project referrals, will be recorded on-chain. Contributors will be rewarded via future token airdrops, transforming participation into yield. Molly claimed that these mechanisms represent a pivot handover of platform governance and revenue allocation rights, and they will redefine the user-platform relationship in the Web3 era. "It is just getting started," she added. "More token utility and holder rewards are in the pipeline." A comprehensive product upgrade for an improved experience In today's market, a long-term vision and user-centric products are paramount. HTX is responding with a renewed focus on product innovation to create a more secure and intuitive trading experience. In Q3, HTX brings a full app upgrade across 20+ products, including spot, margin, and futures trading. Users will enjoy enhanced UX, visual refreshes, and seamless order execution. A Fair, Transparent Path for Quality Asset Listings The live stream also addressed the community's questions on token recommendation standards for listing. HTX's listing framework is built around three pillars of strong community demand, a proven team and clear tokenomics, and the long-term commitment to community-building and value creation (e.g., $CFX). "Backed by robust liquidity and an active user base, HTX helps premium projects attract immediate market attention. With the global reach of our advisor Justin Sun, HTX listings often spark industry-wide momentum," said Molly. To protect the integrity of the token recommendation, strict quality thresholds and anti-rigging safeguards are in place. Ultimately, Justin Sun plays an influential advisory role, offering strategic expertise and insights to support HTX's leadership, ensuring fairness and preventing manipulation or bribery. HTX is taking the "bold yet cautious" approach to decentralization. HTX's ultimate goal is to institutionalize a fully decentralized, user-governed exchange model with verifiable on-chain accountability. About HTX Founded in 2013, HTX (formerly Huobi) has evolved from a virtual asset exchange into a comprehensive ecosystem of blockchain businesses that span digital asset trading, financial derivatives, research, investments, incubation, and other businesses. As a world-leading gateway to Web3, HTX harbors global capabilities that enable it to provide users with safe and reliable services. Adhering to the growth strategy of "Global Expansion, Thriving Ecosystem, Wealth Effect, Security & Compliance," HTX is dedicated to providing quality services and values to virtual asset enthusiasts worldwide.
Associated Press
4 hours ago
- Business
- Associated Press
Polkadot Blockchain Academy Launches Executive Blockchain Governance Course in Asia
Bali program pairs policymakers with developers to turn regulatory vision into working prototypes JAKARTA, Indonesia - July 31, 2025 - The Polkadot Blockchain Academy (PBA) announced today the launch of its " Governance for New Leadership' program, which will bring senior policymakers, entrepreneurs and industry leaders to Bali this September. The week-long executive course (September 7-13, 2025) builds on the success of PBA's pilot program in Lucerne, Switzerland, and marks the Academy's first expansion of its policy education initiative to Asia. Taking place in Nusa Dua, Bali, in partnership with Mandala Blockchain Academy (the education arm of Mandala Chain), the program runs concurrently with PBA's flagship developer training campus. This unique setup will allow government decision-makers to work side by side with blockchain engineers on real-world governance solutions during the program. 'The future of governance is programmable, and we're inviting the world's most forward-thinking leaders to help write those rules,' said Pauline Cohen Vorms, CEO of Polkadot Blockchain Academy. 'What makes the Bali program unique is the direct bridge between policymakers and developers working together in real time.' Building on Switzerland Success: The Bali offering directly evolves from PBA's successful Lucerne pilot, which in April 2025 brought UK Members of Parliament, Indonesian and European Union officials together for hands-on blockchain governance training. Dr. Lisa Cameron, Member of UK Parliament and founder of the UK-US Crypto Alliance, called the Switzerland course a 'valuable opportunity for MPs to gain firsthand insights into real-world applications of Web3.' Lessons from the pilot have been incorporated to broaden the curriculum and increase its practical impact. The expanded Bali format will encourage participants to translate policy ideas into working prototypes with the support of the concurrent developer cohort. Indonesia's Digital Strategy Alignment: Indonesian officials have praised the program as supporting the nation's digital transformation goals. 'Programs like PBA in Bali strongly support Indonesia's 'Digital 2045' vision of cultivating advanced tech talent,' said Pak Ery Wijaya, a representative of the Ministry of Tourism and Creative Economy. 'We're proud to see international blockchain leaders partnering with local innovators for long-term economic impact.' By hosting the program in Indonesia, PBA aims to contribute to the growth of Southeast Asia's blockchain ecosystem and policymaking expertise. Local developer participation via Mandala's network will ensure knowledge transfer to Indonesian talent. 'We're not asking leaders to become technologists,' Cohen Vorms explained. 'We're empowering them to lead through technological change by providing strategic clarity and implementation tools they can apply immediately.' The Academy anticipates that graduates will return home with actionable pilot projects and the know-how to guide broader adoption of blockchain solutions in their jurisdictions. Program Details and Application: " Governance for New Leadership: For Decision Makers Driving Innovation & Real Impact " will run from September 7 to 14, 2025 in Nusa Dua, Bali. The seats of the program are limited, to ensure an intimate, high-engagement experience. The fee of USD $2,000 covers tuition, accommodation, and meals for the week. (Indonesian public officials may apply for a sponsored rate payable in 5 DOT, Polkadot's cryptocurrency, as part of PBA's commitment to local capacity-building.) Applications are open now and will be accepted until August 12th, 2025. Policymakers, regulators, and senior professionals interested in attending can find more information and apply at A detailed program brochure and advisory support are available for prospective applicants. About Polkadot Blockchain Academy: The Polkadot Blockchain Academy (PBA) is a globally renowned educational initiative co-founded by Dr. Gavin Wood (founder of Polkadot) in 2022 and designed to train the next generation of blockchain developers, entrepreneurs, and leaders. PBA delivers state-of-the-art blockchain training through both intensive in-person 'Campus' programs and online courses. Its mission is to equip the next generation of blockchain engineers, developers, and thought leaders with the skills to build and contribute to computing decentralized technologies. About Mandala Blockchain Academy: Mandala Blockchain Academy is the education arm of Mandala Chain, Indonesia's first hybrid Layer-1 blockchain network. Launched to accelerate talent development for Indonesia's digital transformation goals, MBA provides training programs, bootcamps, and workshops that combine the latest blockchain content with real-world use cases. Contact: Polkadot Blockchain Academy Email: [email protected] Website:
Business Insider
6 hours ago
- Business
- Business Insider
Bybit EU Lists Impossible Cloud Network Token (ICNT), Launches 300,000 ICNT Token Splash Campaign
Bybit EU has announced the listing of Impossible Cloud Network Token (ICNT), the native asset of the Impossible Cloud Network, a decentralized cloud infrastructure protocol designed to offer user-owned compute, storage, and bandwidth solutions as an alternative to legacy platforms such as AWS. Starting July 30, 2025, ICNT is now available for deposits on Bybit EU, with spot trading for the ICNT/USDC pair launching on July 31. Withdrawals will be enabled on August 1. The listing supports transactions via the ETH and BASE networks. To mark the listing, Bybit EU has introduced 'Token Splash,' a two-part promotion featuring a total reward pool of 300,000 ICNT. The first event, available exclusively to new users, runs from July 30 to August 15. Eligible participants who sign up on Bybit EU, complete identity verification, and meet deposit or trading thresholds will receive 100 ICNT, with rewards capped at 1,500 users. The second event, beginning July 31, invites all users to trade at least 500 USDC worth of ICNT to qualify for a share of a 150,000 ICNT pool. Rewards are based on trading volume and limited to 3,000 ICNT per user. ICNT is designed to power a composable, decentralized network that enables users to build and scale cloud services without relying on centralized infrastructure providers. The token underpins network functions such as storage allocation, compute task execution, and bandwidth exchange. This campaign is available only through Bybit EU and is subject to regional restrictions. Institutional users and market makers are not eligible. Users must complete full onboarding and register for the campaign within the event period to qualify for rewards. This announcement qualifies as a marketing communication under the Markets in Crypto-Assets Regulation (MiCAR) and does not constitute investment advice. Bybit EU GmbH is licensed as a Crypto Asset Service Provider under MiCAR. However, it is not a credit institution under the Austrian Banking Act. Crypto or fiat balances held on the platform are not protected by investor compensation or deposit insurance schemes. #Bybit / #TheCryptoHub About Bybit Bybit is the world's second-largest cryptocurrency exchange by trading volume, serving a global community of over 70 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open, and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at For more details about Bybit, please visit Bybit Press Contact Bybit
Cision Canada
9 hours ago
- Business
- Cision Canada
KuCoin Celebrates African Women's Day - Empowering Communities Through Crypto for Good
PROVIDENCIALES, Turks and Caicos Islands, July 31, 2025 /CNW/ -- KuCoin, a leading global cryptocurrency exchange, today commemorates African Women's Day by spotlighting its impactful corporate social responsibility (CSR) initiatives focused on gender equality, education, and sustainable development across Africa. This annual observance on July 31 honors the contributions of African women and aligns perfectly with KuCoin's mission to leverage blockchain for global good. In the past year, KuCoin's CSR efforts have benefited over 50,000 individuals worldwide, earning the exchange the UNWWO 2025 Corporate Social Responsibility Award in March 2025 for advancements in Web3 financial inclusion, women's health, children's education, and climate resilience. " KuCoin is proud to stand with African women on this significant day, recognizing their vital role in community building and innovation," said BC Wong, CEO of KuCoin. " Our CSR projects are designed to address real-world challenges, from energy access in rural Africa to menstrual equity globally, empowering women and girls to thrive in the digital economy." Key Highlights of KuCoin's CSR Efforts in Africa and Gender Equality: Light Up Africa Initiative: Distributed 9,700+ solar lamps to children in Ghana, Nigeria, and Sierra Leone, enabling education for 50,000 young learners and supporting girls' access to schooling amid energy poverty. Partnerships with local organizations ensure long-term impact. Menstrual Equity Project: In collaboration with AMWA, provided 5,000 sustainable menstrual kits to over 5,000 women and girls globally, including expansions to 4,000 in the Bahamas, addressing health barriers and aligning with SDGs on gender equality. Women in Crypto Empowerment: Hosted events for International Women's Day 2025, including giveaways and discussions on female leadership in Web3, with surveys showing women's strong preference for long-term investments. These projects demonstrate our long-term commitment to addressing real-world challenges powered by Web3 synergy, which includes donations for humanitarian causes and crypto adoption reports to promote financial inclusion in Africa. KuCoin remains dedicated to expanding these efforts, inviting partnerships to further empower African communities. This year, KuCoin will further expand the "Light Up Africa" initiative, strengthening our support for education and sustainability in African communities, with ongoing preparations underway to enhance its reach. For more information, please visit KuCoin ESG Official Twitter. About KuCoin Founded in 2017, KuCoin is one of the pioneering and most globally recognized technology platforms supporting digital economies, built on a robust foundation of cutting-edge blockchain infrastructure, liquidity solutions, and an exceptional user experience. With a connected user base exceeding 41 million worldwide, KuCoin offers comprehensive digital asset solutions across wallets, trading, wealth management, payments, research, ventures, and AI-powered bots. KuCoin has garnered accolades such as "Best Crypto Apps & Exchanges" by Forbes and has been recognized among the "Top 50 Global Unicorns" by Hurun in 2024. These recognitions reflect its commitment to user-centric principles and core values, which include integrity, accountability, collaboration, and a relentless pursuit of excellence. Learn more:
Business Standard
10 hours ago
- Business
- Business Standard
Leading the Future of Automation - Nadcab Labs Launches Next-Gen Smart Contract Development Services
PRNewswire New Delhi [India], July 31: In a groundbreaking move that promises to redefine the blockchain landscape, Nadcab Labs has unveiled its Next-Gen Smart Contract Development Services, setting a new benchmark for automation, transparency, and security in decentralized applications. With blockchain becoming the backbone of the future digital economy, Nadcab Labs' latest offering is not just a service; it's a revolution in how businesses engage with smart contracts Smart contracts have evolved from a niche innovation into a global standard for automating and securing business logic across decentralized platforms. But until now, the market has been saturated with off-the-shelf solutions that lack the flexibility and intelligence needed for advanced applications. Nadcab Labs is changing that narrative by engineering smarter, safer, and more scalable smart contracts tailored to next-generation use cases. The Smart Future Begins Now "Smart contracts are no longer futuristic tools; they are today's necessity," said Aman Vaths, CEO of Nadcab Labs. "But what's been missing is a truly forward-thinking, enterprise-grade solution. Our Next-Gen Smart Contract Development Services aren't just about code, they're about building ecosystems where trust, speed, and decentralization flourish." Nadcab Labs' new platform supports a wide array of industries, including DeFi, healthcare, real estate, supply chain, and gaming. With a unique blend of AI-enabled optimization, multi-chain compatibility, gas-efficient algorithms, and bulletproof security practices, this solution is designed for those who are ready to leap beyond the limitations of conventional smart contracts. Why Nadcab Labs Stands Out For years, Nadcab Labs has stood at the forefront of blockchain innovation, celebrated for its custom blockchain protocols, NFT marketplaces, and decentralized exchange infrastructures. Drawing on its extensive technical expertise, research, and deep grasp of Web3 economics, the company has now introduced its cutting-edge Smart Contract Development Services. This next-gen platform integrates an AI-optimized architecture for enhanced performance and real-time flaw detection, gas-efficient execution using refined Solidity and Vyper code, and seamless multi-chain compatibility with Ethereum, BNB Chain, Polygon, Avalanche, Fantom, and more. Security remains a cornerstone, with built-in threat detection and formal verification developed by Nadcab's internal audit team. Additionally, the service includes DeFi-ready modules, pre-built templates for staking, yield farming, lending, and governance, to accelerate deployment and innovation for DeFi ecosystems. An Answer to Growing Industry Demands The demand for robust and scalable smart contract solutions has skyrocketed with the exponential rise of decentralized finance (DeFi), GameFi, and Web3 ecosystems. Businesses now require contracts that can not only execute complex business logic but also evolve with regulatory landscapes, user expectations, and technological advancements. In response, Nadcab Labs conducted an 18-month research and development phase, gathering feedback from DeFi project founders, blockchain developers, and ecosystem architects. The result is a development service that is deeply aligned with real-world challenges, be it scalability issues, gas cost constraints, or cross-chain operability. Built for Innovators, Trusted by Leaders Nadcab Labs has already secured multiple enterprise clients, including leading DeFi platforms, a healthcare data exchange project in the UAE, and a supply chain transparency solution for an agri-tech firm based in Europe. All of them are leveraging Nadcab's next-gen smart contracts to reimagine automation in their domains. Nadcab Labs' smart contract development services are built with flexibility at their core, offering highly customizable solutions tailored to a diverse range of industries. In the Decentralized Finance (DeFi) space, the platform supports lending protocols, decentralized exchanges (DEXs), liquidity mining systems, and DAO governance frameworks. For Gaming and NFTs, it enables secure management of in-game assets, NFT minting, and automated royalty distribution. In Healthcare and Insurance, smart contracts facilitate secure patient data sharing and automated claim processing. The Real Estate sector benefits from property tokenization, fractional ownership models, and streamlined contract management. Meanwhile, Supply Chain solutions include real-time inventory tracking and global logistics verification through blockchain automation. Supporting this versatility is a comprehensive development ecosystem, complete with detailed documentation, SDKs, and a developer-friendly interface that ensures smooth integration with both legacy systems and emerging Web3 platforms. A Holistic Approach: From Code to Compliance In tandem with development services, Nadcab Labs is strengthening its smart contract audit company division. Every contract is subjected to multi-layered static and dynamic testing, vulnerability scans, and formal verification before deployment. This integrated approach ensures not just technical reliability but also legal and regulatory preparedness. With increased scrutiny from governments and growing adoption by financial institutions, regulatory compliance is now a cornerstone of smart contract infrastructure. Nadcab Labs helps clients ensure KYC/AML readiness, GDPR compatibility, and regional legal alignment from day one. Beyond Smart Contracts: A Larger Vision What truly distinguishes Nadcab Labs is its visionary roadmap toward a fully decentralized automation framework. The launch of its next-gen smart contract suite marks only the beginning of a much broader innovation journey. Future phases include the development of AI-driven smart legal agreements that blend legal language with blockchain execution logic, and a cross-chain execution layer capable of triggering actions seamlessly across multiple blockchains. Nadcab Labs also plans to introduce self-healing protocols that evolve and adapt using machine learning, and governance integration SDKs that make DAO functionality accessible with minimal code. Strategic Alliances & Partnerships Nadcab Labs is also forming alliances with cloud providers, cybersecurity firms, and venture capital networks to create a complete smart contract ecosystem. The company recently partnered with a cryptocurrency MLM software company to integrate smart contract-based referral and payout logic into its platform, a move that could revolutionize transparency and trust in network marketing models. Future-Ready and Founder-Driven Nadcab Labs continues to be bootstrapped, founder-led, and globally recognized for its commitment to decentralized transformation. With over 2800+ blockchain projects delivered globally, the firm is poised to become a dominant force in the smart contract revolution. About Nadcab Labs Nadcab Labs is a blockchain development and consulting company headquartered in Prayagraj, India. Specializing in decentralized applications, smart contracts, NFT platforms, and DeFi ecosystems, Nadcab Labs helps organizations unlock the potential of Web3 technologies. The firm has delivered over 2800+ blockchain projects globally. With a robust portfolio, global clientele, and a growing team of blockchain architects, auditors, and developers, Nadcab Labs is not just participating in the blockchain movement; it's leading it. Media Contact: Enjilla Marketing Executive, Nadcab Labs Email:info@ Phone: +91 7880936432 Follow Nadcab Labs Facebook: Twitter: LinkedIn: Instagram: YouTube:
