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

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

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

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Contact

Head of PR
Tony Au
Bybit
media@bybit.com

Singapore, Singapore, February 24th, 2025, Chainwire

Foresight Ventures, a leading global crypto-focused venture capital firm, has announced its commitment of up to $25 million to support live projects on the BNB Chain throughout 2025 as part of the BNB Incubation Alliance (“BIA”). This collaboration underscores Foresight Ventures’ dedication to fostering innovation and empowering early-stage blockchain initiatives.

As an alliance member of BIA, Foresight Ventures will have the opportunity to invest in standout projects, identifying high-potential ventures early in their development. The BNB Incubation Alliance, launched by BNB Chain and YZi Labs (formerly Binance Labs), serves as a dynamic accelerator for early-stage Web3 projects. Through an interconnected ecosystem of resources, mentorship, and strategic partnerships, BIA is poised to redefine how emerging blockchain ventures achieve sustainable growth and impactful deployment.

BIA features a comprehensive support framework that includes access to the Most Valuable Builder (MVB) program, potential YZi Labs funding opportunities, and BNB Chain grants. Selected projects will also benefit from the innovative Launch-as-a-Service (LaaS) package, streamlining their development journey within the BNB ecosystem. By creating this pipeline of tools and resources, BIA is positioned to catalyze the next wave of industry-leading Web3 projects.

Forest Bai, Co-Founder of Foresight Ventures, commented:

“Our commitment to supporting projects in the BNB Incubation Alliance reflects our enduring mission to support visionary entrepreneurs and emerging blockchain projects. By backing projects within BIA, we aim to bridge promising ideas with the essential resources and networks they need to thrive. This collaboration reinforces our belief in the transformative power of blockchain technology and our responsibility to foster its adoption globally.”

The BNB Chain Core Development Team expressed: “The BNB Chain ecosystem continuously works to catalyze projects’ success through initiatives like BIA from ideation to maturity and ecosystem incentives, empowering builders to succeed and thrive “

The BNB Incubation Alliance will conduct a series of global events designed to showcase early-stage projects and connect them with industry leaders, investors, and experts. These events will spotlight ventures in incubation, offering unparalleled opportunities for collaboration and knowledge exchange. The criteria for project selection prioritize innovation, scalability, and a strong alignment with the ecosystem’s objectives.

As a pioneer in bridging East and West within the crypto sector, Foresight Ventures brings unparalleled insights and a robust network to the alliance. Its commitment reflects a desire to catalyze blockchain innovation across borders.

About Foresight Ventures

Foresight Ventures is the first and only crypto VC bridging East and West. With a research-driven approach and offices in the US and Singapore, they are a powerhouse in crypto investment and incubation. Their premier media network includes The Block, Foresight News, BlockTempo, and Coinness. They invest in bold innovations and are committed to reshaping the future of digital finance by supporting visionary founders and groundbreaking projects.

For more information, users can visit: Website | Twitter | LinkedIn

For media inquiries, users may contact: media@foresightventures.com

Contact

PR team
media@foresightventures.com

Panama City, Panama, December 12th, 2024, Chainwire

PoSciDonDAO, an emerging organization in the Decentralized Science (DeSci) domain, has announced the launch of a decentralized autonomous organization (DAO) dedicated to funding personalized medicine research. Leveraging blockchain technology, PoSciDonDAO aims to improve efficiencies and transparency in research funding while enabling global collaboration to address life-altering diseases such as cancer, multiple sclerosis, and Alzheimer’s disease.

A Vision for Advancing Patient Care

Personalized medicine, which tailors treatments to patients based on genetic and molecular profiles, offers a path toward more effective therapies and better patient outcomes. This field has been hindered by limited funding and systemic inefficiencies. PoSciDonDAO’s mission is to address these challenges by providing resources to explore novel approaches such as viro-immunotherapies and gene and cell therapies.

By funding early-stage, pre-patented research, PoSciDonDAO seeks to drive innovation from academic labs to commercial viability. This initiative is designed to improve healthcare outcomes for patients worldwide by advancing patient-tailored therapies and making innovative treatments more accessible.

Empowering Community Governance

PoSciDonDAO introduces incentive models to foster long-term engagement among scientists, innovators, and DeSci enthusiasts. Its governance framework enables community members to actively participate in DAO operations and funding decisions, ensuring resources are allocated to projects aligned with the shared goal of advancing personalized medicine.

Building Partnerships in Decentralized Science

Since its inception, PoSciDonDAO has been an active participant in Decentralized Science discussions and collaborations. Notably, it engages with other DeSci initiatives such as the Health Data Alliance, which includes projects like AxonDAO, DataLake, and Hippocrat, underscoring its commitment to advancing the DeSci movement. More partnerships and collaborations will be announced in the near future.

About PoSciDonDAO

By combining blockchain technology with scientific innovation, PoSciDonDAO is establishing a collaborative platform for research in personalized medicine. This approach aims to accelerate discoveries and democratize access to resulting treatments, benefiting patients and healthcare systems globally. The PoSciDonDAO team includes experts in virology, immunology, oncology, epidemiology, and Web3. With in-house expertise and contributions from its community members, the DAO can identify which projects have the most potential to impact the personalized medicine field. 

The PoSciDonDAO token (SCI) is central to the DAO’s governance model, allowing community members to participate in decision-making processes. This decentralized and transparent mechanism ensures resources are directed toward impactful research projects.

For more information about PoSciDonDAO, users can visit the official PoSciDonDAO website.

Joining the Community

PoSciDonDAO offers scientists, innovators, and DeSci enthusiasts to become part of this transformative initiative. By advancing research in personalized medicine, PoSciDonDAO aims to contribute to improved therapies and better outcomes for patients worldwide.

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Disclaimer

The information provided herein is for informational or educational purposes only and does not constitute financial, legal, or tax advice. Any purchase, sale, or other transaction related to SCI tokens is undertaken at the sole discretion and risk of the participant. PoSciDonDAO does not assume responsibility for any loss, damages, or other consequences arising out of such transactions.

The SCI token is not and shall not be offered or sold to persons in the United States or individuals/entities on OFAC sanctioned lists. Further, this release does not constitute an offer to sell or a solicitation of an offer to buy any securities or financial instruments in any jurisdiction. Participants are strongly encouraged to conduct their own due diligence and seek independent advice from qualified legal, tax, or financial advisors before engaging with SCI tokens, blockchain technology, and digital assets generally. Participation in any token-related activities is subject to compliance with applicable laws, regulations, reporting, and eligibility requirements, including KYC/AML processes. PoSciDonDAO makes no guarantees or promises regarding the future performance, value, or regulatory compliance of the SCI tokens.

Contact

Marketing Representative
Ayat Abourashed
PoSciDonDAO Foundation
ayat@poscidon.com

Bangalore, India, October 14th, 2024, Chainwire

India Blockchain Week (IBW), the country’s flagship series of blockchain and web3 events held in Bangalore, is set to return for 2024 after an enormously successful 2023 edition. Spanning from November 30th – December 8th 2024, the web3 festival will feature an array of 100+ web3 events, including flagship events such as IBW2024 Conference, ETHIndia, IBW Demo Day and many other side-events hosted by Indian & global blockchain industry stakeholders.

The IBW2024 Conference, the two-day headline event anchoring India Blockchain Week (IBW), will be held on 4-5 December 2024, 9am-6pm, at the Sheraton Grand Bengaluru Whitefield Hotel & Convention Center. It’s the first-ever platform for Indian Web3 builders and innovators to explore collaboration opportunities with global industry leaders. The main conference is hosted by Hashed Emergent, a web3 venture capital firm dedicated to accelerating the mass adoption of web3 in India and other emerging markets. 

India has ranked #1 in crypto adoption for two consecutive years, as per Chainalysis. The country is playing an increasingly important role in the global web3 ecosystem, accounting for over 12% of the global web3 developer base. It is also home to over 1,000 web3 startups, according to a joint report by Hashed Emergent, KPMG in India, Devfolio, Coinswitch, and Kratos Gaming Network (KGeN). These achievements highlight India’s resilience and enthusiasm for digital assets despite the perception of stringent regulations.

“As a host of India Blockchain Week Conference, we are committed to amplifying India’s thriving web3 landscape on the global stage,” said Tak Lee, CEO & Managing Partner of Hashed Emergent. “Our goal is to foster collaboration across the Indian ecosystem by bringing together local innovators and global stakeholders. We’re excited to return with the second edition of IBW, continuing our work to nurture and grow the web3 community in India and other emerging markets.”

The government of India itself has taken initiatives to leverage blockchain technology for better governance. Its National Blockchain Framework (NBF) aims to secure digital governance with blockchain technology. Meanwhile, the Ministry of Electronics and Information Technology (MeitY)’s Vishvasya-Blockchain Technology Stack offers Blockchain-as-a-Service (BaaS) with a geographically distributed infrastructure designed to support blockchain-based applications.

Moreover, a panel led by the Secretary of the Department of Economic Affairs (DEA) is reportedly working on a consultation paper seeking inputs from stakeholders including industry experts, companies, and the public, on how cryptocurrencies should be regulated in India. In the backdrop of evolving regulations, the IBW Conference will offer attendees insights into the country’s regulatory landscape and its impact on the future of crypto and web3 in India.

The full list of confirmed speakers will be revealed later, but it will include prominent global and local leaders of the blockchain industry such as Aptos Co-founder & CTO Avery Ching, Polygon Co-founder Sandeep Nailwal, Monad CEO Keone Hon, Startale Labs CEO Sota Watanabe, and BitGo COO Chen Fang.

Avery Ching, the Co-founder & CTO of Aptos Labs, commented, “India is home to incredibly talented developers and leaders who are advancing web3 in remarkable ways. It’s inspiring to see the impact builders in India have had on the entire Aptos ecosystem, and I hope to see more builders after our activation at IBW this year.”

Hailed as India’s first and biggest world-class, multi-chain web3 conference with a pan-industry agenda, the IBW Conference will feature 100+ innovators, entrepreneurs, policy makers and thought leaders across the entire spectrum of the blockchain industry engaging in keynote speeches, panel discussions, fireside chats, and moderated debates.

“I am honored to be participating in India’s flagship blockchain and web3 conference. India is at a unique inflection point in web3 adoption, with its thriving developer community, commitment to entrepreneurship, and pace of economic activity. I am excited to speak about opportunities for Monad Labs to collaborate with the local web3 ecosystem in advancing blockchain innovation,” said Monad CEO Keone Hon.

Last year’s IBW Conference featured Vitalik Buterin (Ethereum), Mo Shaikh (Aptos), Emin Gün Sirer (Avalanche), Jesse Pollak (Base), Sandeep Nailwal (Polygon), Sebastien Borget (Sandbox) and others as speakers. The 2023 event was sponsored by Avalanche, Near, Aptos, Polkadot, ICP, Ledger, Sui, dYdX, Berachain, CoinDCX, and Transak.

Some of the key highlights of the gathering include:

• IBW2024 Conference: Held on 4-5 December 2024 at the Sheraton Grand Whitefield, it features keynote speeches and panel discussions on the latest developments and opportunities in the web3 space, and examining the policy landscape. It will also feature stage events and workshops by Aptos, Starkware, and other companies.
• IBW Hackathon: Taking place from 30th Nov – 2nd Dec at the Fortune Select Trinity, Whitefield, the hackathon is expected to see the participation of over 250 enthusiastic individuals. The ten finalists of this chain-agnostic hackathon will get to present their innovative solutions at the conference. Other rewards for participants include bounty prizes and free tickets to the IBW Conference.
• IBW Demo Day: The Demo Day will be held alongside the main conference on the 4th of December. It will spotlight 15 notable Indian web3 startups at the IBW2024 Conference venue. The Demo Day will cater to the broad audience  including investors, founders, builders and others.
• ETHIndia: Organized by Devfolio from Dec 6-8, it is one of the world’s largest Ethereum hackathons, hosting over 1,500 builders and 25+ workshops.

The IBW organizers would like to thank the sponsors for their help in making it the most important event in the country for conversations about crypto, blockchain, web3, and policymaking. The key sponsors include Aptos, Polygon, Starkware and Starknet Foundation, with many more in the process of joining the list to support the event.  

About India Blockchain Week (IBW)

India Blockchain Week (IBW) is a movement unifying the Indian web3 ecosystem and a platform to connect with the global community. It is India’s biggest pan-industry series of blockchain and web3 events, spanning from November 30th- December 8th 2024 across Bangalore, India. IBW is a week-long array of 100+ web3 events, including flagship events such as the headline IBW Conference, ETHIndia, FILBangalore and many other side-events, networking events, workshops, parties etc hosted by Indian & global blockchain industry stakeholders.

The IBW Conference is the two-day headline event anchoring India Blockchain Week (IBW) on 4-5 December 2024 at the Sheraton Grand, Bangalore and hosted by Hashed Emergent – a web3 venture capital firm dedicated to accelerating the mass adoption of web3 in India.

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For more information about IBW, visit:  Website  |  Twitter  |  LinkedIn  |  Telegram

About Hashed Emergent

Hashed Emergent is the venture capital arm of Hashed, backing builders from India and emerging markets shaping the on-chain frontier. It invests at the earliest stages of a web3 startup’s journey, using its expertise, experience, and network to amplify their growth and success. The team is rooted in the cultural hubspots of web3 in emerging markets, spanning across Bangalore, Seoul, Singapore, Lagos and Dubai. Hashed Emergent drives web3 focused ecosystem and community expansion in these markets through its purpose-built initiatives. 

For media queries, please contact: Irshad Ahmed, gm@indiablockchainweek.com

Contact

Irshad Ahmed
gm@indiablockchainweek.com