DUBAI, UAE, April 24, 2025 /PRNewswire/ — The Blockchain for Good Alliance (BGA),  a global non-profit initiative, together with United Nations Development Programme (UNDP) and EMURGO Labs, has launched the SDG Blockchain Accelerator — a global effort aimed at harnessing blockchain-powered social impact initiatives across the UN Sustainable Development Goals (SDGs). This program aims to equip UNDP personnel and partners with the knowledge, technology, support, and mentorship necessary to develop, pilot, and scale blockchain-based solutions addressing real-world economic development challenges.

Supported by a global network of industry experts, this multi-year accelerator will onboard two cohorts annually, each running for a four month period, focusing on capacity building, solution development, and ecosystem growth. Leveraging Cardano’s infrastructure and EMURGO Labs’ expertise, the program will deliver up to 40 blockchain solutions aligned with the SDGs, create an open-source resource hub, and promote cross-chain collaboration to broaden the impact of blockchain across the development sector.

Led by BGA Managing Partner Glenn Tan and members of the UNDP AltFinLab, the collaboration will span five global regions, offering funding and strategic support to blockchain projects tackling challenges across the 17 SDGs.

“At UNDP, we believe blockchain is not just a technology — it is a transformative force capable of reshaping how we address humanity’s most pressing challenges. This accelerator program is more than an initiative; it is a call to action for innovators worldwide to harness blockchain’s power to drive sustainable development. By fostering bold collaboration and leveraging its transparency and efficiency, we are paving the way for groundbreaking solutions that can uplift communities globally,” commented Teodor Petricevic, UNDP Accelerator Lead.

As a founding supporter of the Blockchain for Good Alliance, Bybit has worked closely with BGA across various initiatives to promote the use of blockchain for public good. Through its “Bybit Pool” initiative, the crypto exchange has committed US$1 million in funding to support EthicHub, a blockchain platform empowering and enabling smallholder farmers. This contribution supports ethical financing models and showcases blockchain’s potential in building transparent supply chains.

Expanding Impact Across Europe

BGA marked a significant milestone in January 2025 with its formal expansion into Europe, joining the UNDP Brussels Roundtable “Empowering the Future: A Strategic Dialogue on Emerging Technologies and Impact Entrepreneurship in the Western Balkans”. The roundtable brought together 30 key delegates from the UNDP, European Commission, top Web3 foundations, tech hubs, and policy think tanks — including the Ethereum Foundation, Solana Labs, Stellar Development Foundation, Algorand Foundation, Cardano Foundation, Celo, Metis, Cotrugli Business School, Science Technology Park Belgrade, BlackVogel, and the World Metaverse Council.

As part of its broader European strategy, BGA is actively engaging in grassroots initiatives, forging strategic partnerships, and contributing to high-level policy dialogues. With blockchain increasingly recognized as a catalyst for transparent, inclusive, and sustainable development, BGA welcomes collaboration with like-minded organizations to advance real-world solutions and establish blockchain as a pillar of digital equity and innovation across the continent.

#Bybit / #TheCryptoArk / #BGA

About Bybit

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 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 Bybit.com.

For more details about Bybit, please visit Bybit Press

For media inquiries, please contact: media@bybit.com

For updates, please follow: Bybit’s Communities and Social Media

Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube

About Blockchain for Good Alliance (BGA)

The Blockchain for Good Alliance (BGA) is a long-term collaborative non-profit initiative with key partners with the main aim to contribute to societal good by using blockchain technology to solve real world problems. By convening leaders, innovators, and organisations from across the blockchain community, BGA seeks to drive innovation, collaboration, and action towards a more sustainable and equitable world.

For more information

Email: hello@chainforgood.org

Website: www.chainforgood.org

Twitter: www.x.com/chainforgood

About UNDP

UNDP is the leading United Nations organization fighting to end the injustice of poverty, inequality and climate change. Working with our broad network of experts and partners in 170 countries, we help nations to build integrated, lasting solutions for people and the planet.

Learn more at www.undp.org

New York, New York, April 22nd, 2025, Chainwire

BitGo, the leading digital asset custody and infrastructure provider, today announced its integration of sBTC, Stacks’ 1:1 fully programmable Bitcoin-backed asset. This integration unlocks new opportunities for institutional participation in decentralized finance (DeFi). As a longtime supporter of Stacks, BitGo was an early Signer on the Stacks network and one of the first supporters of the Nakamoto upgrade and sBTC.

BitGo clients can now make their Bitcoin productive by leveraging sBTC, a 1:1 Bitcoin-backed asset that unlocks Bitcoin’s functionality without compromising its security. With sBTC withdrawal functionality set to launch at the end of the month, institutions will be able to convert between BTC and sBTC across Bitcoin’s layer 1 and layer 2 networks, opening the door to new applications, tokenized assets, and DeFi products.

As the primary backer and creator of WBTC in 2018, BitGo pioneered the concept of wrapped Bitcoin. Building on this, BitGo now recognizes the evolving landscape and the demand for more decentralized solutions. sBTC represents the next step in this evolution; with no centralized custodian, sBTC is maintained by smart contracts and an open, decentralized network of validators. Additionally, all sBTC transactions settle on Bitcoin with 100% Bitcoin finality, benefiting from the full security budget of Bitcoin itself.

BitGo’s support for sBTC comes as Bitcoin enters an era of utility and access. Over the past year, Bitcoin’s total value locked (TVL) in DeFi applications has grown more than 20x, reaching $6.5 billion by the end of 2024. Analysts project this figure to surpass $10–20 billion in 2025 as institutional adoption accelerates.

“BitGo has long believed in the promise of Bitcoin beyond just being a store of value. Our integration of sBTC marks a pivotal step toward expanding Bitcoin’s utility in decentralized finance,” said Abishek Singh, Product Manager at BitGo. “As one of the earliest supporters of Stacks and the Nakamoto release, we’re excited to bring institutional-grade custody and infrastructure to the Stacks ecosystem. With over $3 trillion in processed transactions and more than $48 billion in staked assets, BitGo is uniquely positioned to help institutions tap into this new era of Bitcoin utility. sBTC opens the door to programmable, decentralized financial products without compromising Bitcoin’s core principles—and we’re just getting started.”

Stacks is the leading Bitcoin layer 2, designed to scale Bitcoin and bring smart contract capabilities to its ecosystem. As one of the most tenured projects in the space, Stacks has consistently driven innovation by enabling decentralized applications, non-fungible tokens (NFTs), and DeFi solutions—all secured by Bitcoin.

The integration comes amid growing demand for sBTC from major players such as Jump Crypto, UTXO Management, SNZ, and Asymmetric Research. These institutions are among the leaders who are driving adoption by leveraging sBTC’s functionality to participate in DeFi.

Notably, BitGo’s support also includes integration with SIP-010, the fungible token standard for Stacks. This opens up the possibility of support for other Stacks assets in the future, further expanding the ecosystem’s potential and interoperability within the Stacks network.

###

About BitGo 

BitGo is the leading infrastructure provider of digital asset solutions, delivering custody, wallets, staking, trading, financing, and settlement services from regulated cold storage. Since our founding in 2013, we have focused on enabling our clients to securely navigate the digital asset space. With a large global presence through multiple regulated entities, BitGo serves thousands of institutions, including many of the industry’s top brands, exchanges, and platforms, as well as millions of retail investors worldwide. As the operational backbone of the digital economy, BitGo handles a significant portion of Bitcoin network transactions and is the largest independent digital asset custodian and staking provider in the world. For more information, visit www.bitgo.com.

About Stacks

Stacks, the leading Bitcoin L2, enables smart contracts and decentralized applications to use Bitcoin as a secure base layer. The Nakamoto release, activated on October 29, 2024, brought faster speeds and transactions that are as irreversible as Bitcoin’s once confirmed. This set the stage for sBTC, a programmable Bitcoin asset, which launched on December 17, 2024. Stacks is the current leading Bitcoin L2 by developer traction and market cap and is helping unlock Bitcoin and its $1T in passive capital as a fully programmable, productive asset. The Stacks (STX) token, used as gas on the L2, was the first to undergo an SEC-qualified sale in the United States. The project is explicitly decentralized with the mainnet launch in 2021. In the Stacks ecosystem, there are currently 30+ contributing entities, including a non-profit Stacks Foundation, a developer tooling company, Hiro, Xverse, Trust Machines, Mechanism, Bitcoin L2 Labs, ALEX, Bitcoin Frontier Fund, and more.

Contact

Market Across
pr@marketacross.com

London, England, April 18th, 2025, Chainwire

• Apple Farm incentive program exceeds targets, fueling TVL growth from $1.4M to more than $18M and driving record volumes across Etherlink’s DeFi ecosystem.
• Calypso upgrade delivers 30x faster smart contract storage and enhanced network stability, paving the way for faster tez withdrawals between Etherlink and Tezos.
• Etherlink ecosystem expands with seven new Fortify Labs startups.

Etherlink, the EVM-compatible Layer 2 powered by Tezos Smart Rollups, is undergoing strong ecosystem growth following its February exit from beta and the deployment of the Calypso network upgrade in March. The $3M USD Apple Farm rewards program has already exceeded initial targets, with Etherlink’s TVL undergoing rapid growth from $1.4M to $18M+ in the first weeks of the initiative. In addition, Apple Farm has effectively catalyzed on-chain activity across Etherlink’s growing suite of decentralized applications. Decentralized exchange IguanaDEX recorded $150M in trading volume as users create positions for Apple Farm rewards and capitalize on arbitrage opportunities.

“The success of Apple Farm demonstrates the effectiveness of our approach to incentive programs and the development of this ecosystem,” said David Relkin, Head of DeFi for the Tezos ecosystem, Nomadic Labs. “We’re building a sustainable environment where users find genuine value in meaningful on-chain interactions.”

DeFi platform Superlend has emerged as a cornerstone of Etherlink’s DeFi infrastructure, with deposits reaching $16.93M and active borrowing at $10.49M. Uranium.io, the first decentralized platform for buying and selling physical uranium also saw increased activity with $6.46 TVL. The Hanji platform reached its vault cap of $200,000 in a single day on March 26th, and has since increased limits to $1M to ensure system integrity. User data indicates that participation is primarily coming from retail audiences, with the largest wallet holding approximately $1M in value. A recent report published by Messari further underscores the rapid growth of the Etherlink ecosystem, highlighting sustained network growth across both accounts and transactions and identifying upwards of 50 projects actively developing on the network.

In addition to the rapid growth of its DeFi ecosystem, the Etherlink tech stack is also being continuously and swiftly upgraded. The Calypso network upgrade deployed in March has delivered on its promise of enhanced performance, with up to 30x faster smart contract storage, a smaller disk footprint for operator nodes, and improved protection against network surges. These enhancements directly support the platform’s growing transaction volume while maintaining stability and preparing the network for faster tez withdrawals between Etherlink and Tezos.

The Etherlink ecosystem looks set to expand further in coming weeks, following the launch of the second edition of the Fortify Labs program, hosted by TZ APAC. The 2025 cohort features seven promising projects building primarily on Etherlink, including BluWhale AI for decentralized data analytics; IDRX, a stablecoin pegged to the Indonesian Rupiah; and Miomi Game’s eSports platform. These startups join Etherlink’s growing ecosystem of innovative Web3 applications and look set to further enhance the experience of users exploring Etherlink this year.

About Etherlink

Etherlink is an EVM-compatible Layer 2 blockchain powered by Tezos Smart Rollups technology. It empowers developers to smoothly deploy any EVM codebase and migrate users and assets from Ethereum and other interoperable chains, enabling seamless interaction and asset transfers across different networks

Learn more: https://www.etherlink.com/

About Tezos

Tezos is an open-source and energy-efficient blockchain designed to empower institutions, developers, and businesses and facilitate value transfer in a digital environment. It is designed for the scalable deployment of decentralized applications. As one of the first Proof of Stake blockchains, Tezos is globally supported and valued for its strong governance, long-term upgradability, and smart contract capabilities. For more information about Tezos, visit http://www.tezos.com. 

Contact

Head of PR
Eoin McGinley
Trilitech
eoin.mcginley@trili.tech

SINGAPORE, April 12, 2025 /PRNewswire/ — AB Charity Foundation has officially launched its global operations and unveiled its newly upgraded website at www.ab.org, marking the beginning of a public-interest initiative built on institutional credibility and advanced blockchain technology. Headquartered in Ireland with recognized legal status under EU law, the Foundation is positioned as a global nonprofit entity committed to reshaping the future of public trust and sustainable development by bridging governments, civil society, and the tech community.

The Foundation’s governance is led by a distinguished board of directors composed of former heads of state from Europe. The board is chaired by Bertie Ahern, former three-term Prime Minister of Ireland and a key architect of the Good Friday Agreement. Board members include Lawrence Gonzi (former Prime Minister of Malta), Péter Medgyessy (former Prime Minister of Hungary), Danilo Türk (former President of Slovenia), and Petar Stoyanov (former President of Bulgaria).

The Foundation is actively expanding its global advisory board, bringing together respected figures from all five continents—including former presidents, scientists, diplomats, and cultural leaders—to guide strategic planning and foster international collaboration in delivering impactful social initiatives.

At the heart of the Foundation’s mission lies a commitment to public good: advancing global efforts in education, healthcare, environmental protection, and humanitarian aid. The Foundation aims to build a “verifiable model of cooperative goodwill,” powered by transparent governance and next-generation technology. As its founders emphasize, “It is not a specific technology that changes the world—but the shared consensus around trustworthy institutions and global cooperation.”

AB Charity Foundation is technically supported by AB DAO, which provides the blockchain infrastructure underpinning the Foundation’s operations. Through smart contract automation, 15% to 30% of the gas fees from every transaction on the AB public chain are directed into a dedicated charity pool. This mechanism enables a new operational model for charitable funding—combining on-chain fundraising, automated distribution, full-chain auditability, and third-party compliance assurance.

In addition, 15% to 30% of the returns generated from investments by the AB Ecosystem Fund will also be directed into the Foundation’s pool. The fund has already supported dozens of projects, with more initiatives in the pipeline—strengthening the financial sustainability of the Foundation’s mission.

By leveraging blockchain’s inherent transparency, the Foundation aspires to become a scalable model for next-generation philanthropic infrastructure—ensuring every donation is traceable, every distribution verifiable, and every intention honored.

To follow AB Charity Foundation and support its mission

• Official Website: www.ab.org
• Global Community Portal: www.ab.org/community

San Francisco, United States/California, April 10th, 2025, Chainwire

Huma Finance, the first PayFi Network, announced the launch of Huma 2.0, a permissionless, compliant, and composable real-yield platform built on Solana today. This launch opens global access to Huma’s stable real yield from global payment financing related to everyday commerce and trade activities. This development broadens individual access to stable, real-world yield—historically more common in institutional finance—by leveraging payment-financing mechanisms. Simultaneously, the existing permissioned service has been rebranded as Huma Institutional to continue serving institutions and accredited investors. Users can begin depositing on the new Huma 2.0 platform immediately.

Huma 2.0 offers users alternative ways to participate as liquidity providers. It introduces two primary modes to cater to different user preferences: Classic Mode, designed for those seeking stable, double-digit USDC yield (updated monthly) combined with rewards called Huma Feathers; and Maxi Mode, tailored for users aiming to maximize their accumulation of Huma Feathers, earning rewards at 5x the base rate, without receiving USDC yield. Users can switch the mode of their existing positions at any time.

DeFi composability is also a core feature of Huma 2.0, enabled by the $PST, short for PayFi Strategy Token. This liquid, yield-bearing LP token allows holders to integrate their Huma positions with leading protocols on Solana. At launch, users can swap $PST for USDC via Jupiter, the first of several planned integrations with top Solana DeFi platforms. Support for using $PST as collateral on Kamino and trading future rewards via RateX are expected shortly after launch. While participation does not require capital lock-up, users can opt for 3-month or 6-month terms to significantly boost their Huma Feather rewards via multipliers. Notably, during the initial launch period, these multipliers are significantly elevated as part of a limited-time promotion, offering particularly high boosts in Maxi Mode. These features offer users enhanced flexibility and choice in managing their positions.

In just two years, Huma Finance’s PayFi Network has rapidly achieved significant scale, processing over $3.8 billion in transactions and generating $8 million in annualized revenue. Huma supports its partners to generate yield from their PayFi operations. Unlike DeFi yields often reliant on token incentives, market speculation, or typically low rates in traditional finance, PayFi yield originates directly from fees paid by businesses using the network for payment financing and settlement liquidity. Capital is recycled rapidly—often within days—compounding fees generated from tangible economic activity. This mechanism has enabled Huma to consistently deliver stable, double-digit USDC yields, showcasing a sustainable model further validated by backing from leading investors and recognition from industry analysts like Messari regarding PayFi’s potential to address a $30 trillion market.

“Huma 2.0 isn’t just another yield product — it’s a structural shift.” Said Erbil Karaman, Co-founder of Huma Finance. “By giving payments institutions a new source of liquidity that operates 24/7 with incredible capital efficiency, we are creating a new type of yield that is composable, transparent, and grounded in real economic activity. It finally gives DeFi access to a source of returns that institutions have kept to themselves for decades — and it does so without compromising on what makes DeFi powerful.”

The launch of Huma 2.0 comes during significant shifts in global finance and within the DeFi landscape itself. While legacy payment infrastructures like SWIFT face challenges with speed and transparency and trillions in capital remain inefficiently allocated, the demand for modern, blockchain-based solutions is clear, evidenced by stablecoin transaction volumes recently reaching a reported $35 trillion. Huma 2.0 leverages this shift, providing efficient settlement liquidity and broadening access for individuals worldwide to earn from foundational financial activities – an opportunity previously confined mainly to institutions.

Crucially, the yield generated through PayFi is designed to be less dependent on crypto market cycles. Whether markets are booming or in a downturn, economic activities like payments and trade may continue, potentially offering a more stable foundation for Huma’s yield generation. This structure may make double-digit returns more relevant during bear markets, where speculative yields often decline. As DeFi matures, there is a readiness for this type of yield – one grounded in tangible commerce rather than token speculation. PayFi serves as a foundational layer, enabling new DeFi strategies like the recent Solmate product from Splyce, which combines Huma’s $PST yield with SOL liquid staking, bridging decentralized finance with productive economic use.

Huma 2.0 marks a key step in building a new financial future, fundamentally expanding participation by inviting everyone into a financial revolution where access is open and fair. Early participants can benefit from various reward multipliers, including boosts for prior Huma depositors and partner communities. As the platform expands with more DeFi integrations and plans to be the first major project on Jupiter’s LFG 2.0 launchpad – Huma continues to build finance that is truly accessible. 

To learn more about Huma 2.0 or participate, users can visit https://huma.finance or follow @humafinance on X.

For media inquiries, users can contact: Ejiro Oviri, ejiro@huma.finance.

About Huma Finance

Huma is the first PayFi (Payment Finance) network. It features an open-stack liquidity protocol with applications for key areas like cross-border payments, stablecoin-backed cards and trade finance. The network addresses a total market estimated at over $30 trillion. Its mission is to accelerate the movement of money for a world that’s always on.

Huma is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

Contact

Director of Brand Marketing
Ejiro
Huma Finance
ejiro@huma.finance

Paris, France, April 7th, 2025, Chainwire

Paris Blockchain Week, Europe’s leading blockchain event, has officially announced the winners of its Onsite Hackathon, held over the weekend at VO2 in central Paris. The competition brought together some of the most promising blockchain developers and innovators from across the globe for a high-energy, two-day sprint to build the next generation of Web3 solutions.

This year’s hackathon introduced a new hybrid format, combining several weeks of online challenges and workshops with a dedicated in-person build event. While online winners were announced last week, 1st place Agrify Technologies, 2nd Stripped Chain, and 3rd Myrkle, the Paris-based finale focused squarely on in-person collaboration, rapid prototyping, and live pitching under pressure.

The Onsite Hackathon kicked off on April 5 with a full schedule of workshops and sponsor briefings. Leading blockchain platforms including XRPL Commons, Solana Foundation, and Bahamut presented technical challenges to participants, who then spent the weekend forming teams, designing applications, and coding side-by-side with support from on-site mentors.

By Sunday afternoon, projects were finalised and submitted, with each team given the opportunity to pitch their solution live to a panel of judges made up of protocol experts, VCs, and industry leaders. Judging took place on site and winners were announced shortly after.

This year’s winning teams

Bahamut Track

1st – LooserBracket (Paris, France)

2nd – ROD (Tbilisi, Georgia)

3rd – Monolith (Paris, France)

Solana Track

1st – Synto (Zürich, Switzerland)

2nd – Soloyalty (Frankfurt am Main, Germany)

3rd – Apollon (Paris, France)

XRPL Commons Track

1st – Hackatistes Of Dimanche (Paris, France)

2nd – New_era (Abbotsford, Australia)

3rd – Greenlock (Paris, France)

These teams were selected for the strength of their technical execution, originality, and relevance to real-world problems. Winners walked away with cash prizes totalling €25,000, passes to Paris Blockchain Week 2025, and the opportunity to showcase their project live on stage during PBW, in front of a global audience of investors, entrepreneurs, and Web3 leaders.

“This weekend’s hackathon showcased the incredible depth of talent and creativity within the global blockchain community,” said Michael Amar, Co-founder of Paris Blockchain Week. “We were thrilled to see a record number of participants this year, building everything from DeFi solutions to infrastructure tools with real-world impact. The energy, collaboration, and quality of ideas were truly inspiring, and we’re proud to celebrate the winning teams who represent the future of innovation in Web3

The PBW Hackathon, in partnership with BizThon, has become a key moment in the PBW calendar, creating direct pathways for emerging developers to gain recognition and push blockchain technology forward through hands-on experimentation. With support from XRPL Commons, Solana Foundation, Bahamut, and other leading partners, this year’s event reaffirmed Paris Blockchain Week’s commitment to spotlighting the builders shaping the future of blockchain technology.

About Paris Blockchain Week 

Paris Blockchain Week 2025, April 8-10, at the Carrousel du Louvre, stands as Europe’s premier blockchain and web3 event, uniting the world’s leading thought leaders, innovators, and industry drivers. Dedicated to fostering unparalleled innovation, collaboration, and knowledge sharing, PBW serves as the definitive platform for professionals shaping the future of blockchain and Web3 technologies.

The 6th edition of this prestigious event is set to feature over 400 speakers, including prominent figures such as: Charles Hoskinson, CEO and Founder of Input | Output, Adam Back, Co-Founder & CEO of Blockstream, David Ripley, Co-CEO of Kraken, Eric Anziani, President & COO of Crypto.com, Clara Chappaz, Minister Delegate for Artificial Intelligence & Digital Affairs of Government of France, Caroline Butler, Global Head of Digital Assets of BNY, Silvio Micali, Blockchain Founder and Turing Award Winner, Anthony Scaramucci, Founder and Managing Partner of SkyBridge, Monica Long, President of Ripple, Kristen Nachtman, Vice President of Digital Assets of Goldman Sachs, Eric Demuth, CEO & Co-Founder of Bitpanda, Zack Chestnut, Global Head of Business Development at Kinexys Digital Payment & Liink from JP Morgan.

In its 5th edition, PBW hosted over 9,500 attendees and featured 420+ speakers, including notable personalities such as; Jeremy Allaire, Co-Founder and CEO of Circle; Tim Draper, Founder of Draper Associates; and Marina Ferrari, French Secretary of State for Digital Affairs.

Join us to experience the transformative impact of blockchain technology across various sectors and connect with the visionaries driving the next wave of innovation.

For more information, please visit https://www.parisblockchainweek.com

Contact

Leora Schreiber
parisblockchainweek@marketacross.com

VICTORIA, Seychelles, April 4, 2025 /PRNewswire/ — KuCoin, a leading global cryptocurrency exchange, has successfully completed its SOC 2 Type II audit, marking a significant achievement in its commitment to the highest security and compliance standards. The audit demonstrates the exchange’s unwavering dedication to security, availability, confidentiality, privacy, and processing integrity.

SOC 2 is an internationally recognized auditing standard that evaluates how well companies safeguard customer data and ensure system reliability through rigorous internal controls. The Type II certification specifically focuses on the effectiveness of a company’s internal controls over a defined period.

The comprehensive audit, conducted over the course of a year by Decrypt Compliance, assessed KuCoin’s policies, procedures, and systems to ensure they align with industry-standard Trust Services Criteria. The independent review confirmed that KuCoin’s security practices are robust and reliable.

BC Wong, CEO of KuCoin, commented on the achievement, stating, “Attaining the SOC 2 certification underscores our dedication to implementing robust security measures and operational controls. This is also a solid step in our compliance strategy, from mandatory KYC for all users, to actively obtaining and applying for compliance certifications in multiple countries, including the MiCAR license, to now securing the SOC 2 certificate. Every step is a milestone in our journey to build a secure, transparent, and trusted platform.”

This certification is not only a reflection of KuCoin’s operational excellence but also a promise to its global community of over 40 million users. The exchange continues to strengthen its security protocols, enhance transparency, and ensure a resilient trading environment where both seasoned traders and newcomers can engage with confidence.

Looking forward, KuCoin plans to further bolster its security measures, invest in cutting-edge technologies, and maintain an open line of communication with its users regarding security practices and operational improvements. The exchange remains focused on building an inclusive platform for the global crypto community, where users can confidently trade and invest in digital assets.

For more information about KuCoin’s security commitment and future initiatives, visit KuCoin Security. 

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 exceptional user experience. With a connected user base exceeding 40 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. This recognition reflects its commitment to user-centric principles and core values, which include integrity, accountability, collaboration, and a relentless pursuit of excellence. Learn more: https://www.kucoin.com/.

AUSTIN, Texas, April 3, 2025 /PRNewswire/ — Trammell Venture Partners (“TVP”), an Austin-based venture capital firm, today announced the third annual results of its proprietary research on the growth of the Bitcoin-native startup and venture capital landscape. TVP research shows the Bitcoin startup sector continued its breakout category growth trend of forming and investing in new companies, despite the decline in total dollars invested due to the broader venture investment pullback. With a 50% year-over-year increase in transaction count, and a remarkable 767% increase in funding rounds since 2021, the Pre-Seed stage built on its prior years of growth in 2024.

TVP’s analysis indicates that early-stage, Bitcoin-native startups raised nearly $1.2 billion during the 2021-2024 period, based on four years of longitudinal data research.

“One or two years’ data might represent an anomaly, but with four consecutive years of year-over-year growth at the earliest stage of Bitcoin startup formation, the data now confirm a sustained, long-term venture category trend,” said Christopher Calicott, TVP’s managing director. “Many entrepreneurs across crypto are revisiting the Bitcoin stack as the long-term place to build their companies. It makes perfect sense: the objectively most secure, reliable, and decentralized blockchain is the obvious platform of choice, given the increasing capability to build there. And as this wave of early-stage companies find traction, increasing amounts of crypto value will accrue to the Bitcoin stack—a core thesis for TVP.”

The annual release of TVP’s Bitcoin-Native Venture Capital Landscape Research Brief augments the available research for Bitcoin startups. This research aims to support the institutionalization of venture investment for this emerging growth category within crypto and blockchain venture capital.

The TVP Bitcoin startup investment research brief is available for download.

About Trammell Venture Partners

Trammell Venture Partners, founded in 2016, is an Austin-based early-stage venture capital firm investing in Bitcoin-native, security and privacy tech, and applied AI companies. Since 2020, TVP has focused on backing founders building on the layers of the Bitcoin protocol stack via the venture capital industry’s first dedicated Bitcoin-native mandated VC fund series: The TVP Bitcoin Venture Fund series. Find out more about TVP on the web, LinkedIn, X, or find a Bitcoin job on the TVP bitcoin and crypto Jobs Board.

Media Contact: Zach Young

Email: media@tvp.fund

VICTORIA, Seychelles, April 3, 2025 /PRNewswire/ — KuCoin, a leading global cryptocurrency exchange, is proud to announce that it has surpassed 40 million registered users worldwide. This significant milestone underscores the trust and confidence the global community places in KuCoin and its commitment to providing secure, compliant, and innovative products and services.

Unwavering Commitment to Compliance

KuCoin’s growth is not just in numbers but also in its steadfast commitment to compliance and user protection. The exchange has made substantial progress on the regulatory front, including a pivotal settlement with the Department of Justice (DOJ). This agreement marked a new chapter for KuCoin, resolving past compliance challenges and setting a clear path for future operations. Additionally, KuCoin’s application for the Markets in Crypto-Assets Regulation (MiCAR) license in Austria is another testament to its dedication to adhering to global compliance standards, ensuring that it operates within the legal frameworks essential for servicing EU and EEA markets.

Trusted and Innovative Solutions Driving Growth

KuCoin has continually introduced innovative products that resonate with users worldwide. From advanced trading solutions to user-friendly platforms for new crypto enthusiasts, KuCoin has maintained a focus on enhancing user experience and expanding its service offerings, making it one of the most versatile platforms in the crypto space. KuCoin recently launched its brand new KCS Loyalty Level Program that is designed to enhance the utility of existing and new KCS holders by introducing a tiered loyalty system that rewards users based on their KCS stakings. Krazy Degen, which serves as an all-encompassing information hub focused on displaying and monitoring multi-chain trending tokens, is also a groundbreaking feature designed to transform how traders discover and invest in early-stage, high-potential tokens directly from the blockchain.

A Word from CEO of KuCoin

“Our journey to 40 million users is not just a number—it’s a testament to the trust we’ve built with our users across the globe,” said BC Wong, CEO of KuCoin. “We remain committed to delivering a secure and dynamic trading environment, with compliance as our backbone and innovation as our path forward. This milestone reflects our ongoing efforts to not only meet but exceed the expectations of our users.”

Looking Forward

As KuCoin continues to grow, the exchange remains dedicated to enhancing its services and compliance measures. With ongoing improvements in security protocols, user education, and community engagement, KuCoin is poised to keep providing exceptional value and service to its expanding user base.

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 40 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. This recognition reflects its commitment to user-centric principles and core values, which include integrity, accountability, collaboration, and a relentless pursuit of excellence. Learn more: https://www.kucoin.com/.

Dubai, UAE, April 3rd, 2025, Chainwire

Gold prices have shattered previous records, exceeding $3,100 per ounce, reinforcing their position as a vital safe-haven asset in an increasingly volatile global landscape. Bybit, the world’s second-largest cryptocurrency exchange by trading volume, recognizes this critical market dynamic and reaffirms its commitment to providing the cryptocurrency community with seamless access to diverse financial opportunities. As the first crypto exchange to facilitate gold trading with USDT, Bybit empowers traders to capitalize on these exceptional market movements.

Shunyet Jan, Head of Derivatives and Institutions at Bybit, forecasts continued bullish momentum for gold, citing several key factors:

 Strategic Central Bank Accumulation:

• Asian central banks are actively diversifying their reserves, significantly increasing gold holdings while reducing reliance on the US dollar. This strategic shift creates sustained demand and exerts upward pressure on gold prices. Many nations are driven by the desire to reduce dependency on the US dollar, and to have more diversified reserve assets.

Persistent Geopolitical Instability:

• The anticipated implementation of new tariffs under the Trump administration introduces significant geopolitical uncertainty. These tensions, coupled with existing global conflicts, are expected to persist, driving investors towards the stability of gold.
• The uncertainty surrounding the global trade situation will cause market volatility, which in turn will increase the demand for safe haven assets.

Gold as a Reliable Inflation Hedge:

• Gold’s established role as an inflation hedge remains crucial, particularly as concerns about rising prices intensify. Unlike cryptocurrencies like Bitcoin, which have demonstrated increased correlation with broader market trends, gold maintains its inverse relationship with inflationary pressures.
• Because of the possibility of rising inflation caused by the new tariffs, and other worldwide economic factors, investors are moving to gold to protect their assets.

Bybit’s proactive approach to market trends led to the introduction of Gold & FX Trading in August 2024, followed by the launch of Copy Trading for Gold & FX in January 2025. These initiatives have democratized access to traditional financial markets, catering to traders of all experience levels. Highlighting the platform’s popularity, Bybit saw a remarkable $10 billion in gold trading volume yesterday alone.

Additionally, Bybit will launch XAUTUSDT perpetual contracts today, providing traders with even more opportunities to engage with gold markets in a crypto-native environment.

“Bybit’s strategic integration of Gold & FX trading, combined with our innovative Copy Trading, demonstrates our commitment to empowering traders with diverse and accessible opportunities,” added Shunyet Jan.

About Bybit

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 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 Bybit.com.

For more details about Bybit, please visit Bybit Press

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Contact

Head of PR
Tony Au
Bybit
media@bybit.com