Author: CryptoCurrencyNews

Robert MacDonald, Bybit Chief Compliance Officer, Makes Asian Legal Business’ Top 15 in 2025

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DUBAI, UAE, July 3, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is pleased to share Robert MacDonald, Chief Legal and Compliance Officer of Bybit, has been featured by the prestigious trade magazine Asian Legal Business (ALB) among Asia’s top 15 chief compliance officers. The trailblazing changemakers are recognized for their pioneering work in redefining regulatory compliance as a strategic growth engine in the digital asset industry. 

Acknowledging the fresh challenges faced by chief compliance officers in an era of fragmented regulations, ALB Magazine highlights MacDonald’s demonstrable leadership in navigating cryptocurrency complexities through “regulatory diplomacy.” He has been instrumental in reinforcing Bybit’s commitment to legal integrity and robust governance while balancing sustainable growth. His background in regulatory compliance and combating financial crime has positioned Bybit at the forefront of industry best practices.

MacDonald’s extensive experience includes serving with the U.K. Ministry of Justice and engaging with the Financial Action Task Force (FATF), the global financial crime watchdog, before transitioning to an international career in the private sector where he has applied his regulatory expertise to business growth strategies.

The list showcases Asia’s best compliance leaders from diverse sectors including the world’s leading financial service institutions, emerging cryptocurrency exchanges, technology giants, luxury brands, and multinational corporations, highlighting the strategic importance of compliance roles across industries in today’s complex regulatory environment.

“I’m truly honoured to be recognised in the June 2025 edition of ALB. Grateful to be featured among such esteemed peers and for the opportunity to contribute to the evolving crypto compliance landscape in Asia. My journey in crypto over the last 3 to 4 years has seen the adoption of crypto and practical use cases grow exponentially,” said Robert MacDonald, Chief Legal and Compliance Officer at Bybit. “From ‘HODLing’, trading to daily spending via card partnerships to institutional adoption. This growth has led to greater awareness and understanding from global regulators and emerging market regulators keen to understand the technology for adoption and regulatory frameworks in their own jurisdictions,” he said.

“My journey with Bybit has seen Bybit grow from 30 million registered users to over 70 million users. This growth has seen Bybit obtain a number of new licences, to name a few: Austria (MiCAR), UAE, Turkey and Georgia. Obtaining and maintaining these licences aligns with our broader commitment to providing secure, compliant and regulated services across global markets,” MacDonald reflected on his Bybit experience.

Robert MacDonald was appointed Chief Legal and Compliance Officer of Bybit in September 2024. Prior to joining Bybit, MacDonald started his career in criminal justice as a UK-qualified barrister before transitioning to the public sector and later to multinationals in financial services, technology, and crypto and Web3.

The ALB Asia recognition underscores the growing importance of compliance leadership in the digital asset sector, where regulatory frameworks continue to develop across multiple jurisdictions. MacDonald’s work demonstrates how proactive engagement with regulatory challenges can create sustainable competitive advantages rather than simply managing operational risks.

Robert MacDonald, Bybit Chief Compliance Officer, Makes Asian Legal Business' Top 15 in 2025

#Bybit / #TheCryptoArk

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 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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BC.GAME to Exhibit at iGB L!VE 2025 in London — Visit Booth L60

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BELIZE CITY, Belize, July 1, 2025 /PRNewswire/ — BC.GAME, a global Web3 iGaming platform, will exhibit at iGB L!VE 2025, set to take place on July 2–3, 2025, at the ExCeL London exhibition centre. With over 15,000 attendees and 300+ companies expected, iGB L!VE 2025 is one of the most anticipated events in the iGaming calendar, bringing together operators, affiliates, tech providers, and game developers under one roof.

BC.GAME at iGB L!VE 2025: Showcasing Web3 Gaming Innovation

BC.GAME will be present at Booth L60, where it will highlight its latest developments in Web3 gaming — including the platform’s native token BC, proprietary game titles, and tools designed to support a decentralized, community-led gaming experience.

The company’s team will be on-site to meet with affiliates, partners, and service providers interested in exploring collaboration opportunities. With a growing international footprint and a strong focus on community engagement, BC.GAME aims to position itself as a key player in the convergence of blockchain technology and iGaming.

Strengthening Global Reach Through iGB L!VE

Participation in iGB L!VE 2025 reflects BC.GAME‘s commitment to expanding its presence in Europe and other regulated markets. The event offers a valuable platform for the company to connect with industry leaders, explore emerging trends, and forge new partnerships across the iGaming and Web3 sectors.

Attendees are encouraged to stop by Booth L60 or reach out in advance to schedule meetings with the BC.GAME team.

About BC.GAME

Founded in 2017, BC.GAME is a global Web3 gaming platform offering a wide range of casino, sports, and proprietary games powered by blockchain technology. With a strong focus on community engagement, transparency, and innovation, BC.GAME combines traditional iGaming experiences with decentralized features — including its native token $BC, integrated wallets, and on-chain gameplay. 

For more information, visit https://bc.game.

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Bybit’s Bridge to Wall Street Gets Wider with xStocks Tokenized Equities

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DUBAI, UAE, June 30, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, today announced the listing of xStocks—a series of tokenized U.S. equities and ETFs—on its Spot platform. This move marks a major milestone in Bybit’s mission to bridge the gap between traditional and digital finance, offering users unprecedented access to global financial markets through blockchain technology.

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The listing is made possible through a partnership with Backed, the Swiss-based issuer of tokenized financial instruments. xStocks, launched by Backed in May 2025, represents over 60 U.S.-listed equities and ETFs—including Apple, Tesla, NVIDIA, and SPY—tokenized and pegged 1:1 to their real-world counterparts. These assets are freely transferable and compatible with both Ethereum (ERC-20) and Solana (SPL), ensuring wide accessibility across centralized exchanges, DeFi protocols, and now, the trusted Bybit ecosystem.

“At Bybit, we’re committed to bringing the best of both traditional and digital finance to our global community,” said Emily Bao, Head of Spot at Bybit. “By listing tokenized equities and ETFs, we’re not just adding new products—we’re empowering our users with greater choice, deeper flexibility, and more control, all within the secure and seamless Bybit experience. xStocks was the clear choice to help us deliver this unparalleled access.”

This listing follows the recent launch of Bybit TradFi, a unified trading interface that enables users to trade gold, forex, stock CFDs, indices, and commodities directly from the Bybit app. Together, Bybit TradFi and xStocks offer a varied and powerful toolkit to serve different trading preferences—from short-term speculation on global macro trends to long-term portfolio diversification via tokenized assets.

“We’re excited to welcome Bybit to the xStocks Alliance,” said Adam Levi, co-founder of Backed. “This integration puts tokenized equities into the hands of millions of new users and is a significant step toward building a more open and connected financial system. Bybit’s leadership in the exchange space makes them an ideal partner as we scale xStocks access globally.”

Unlocking a New Era of Market Access

With xStocks now live on Bybit, users can:

  • Trade tokenized stocks and ETFs directly on the Bybit Spot platform
  • Enjoy fractional ownership, lowering barriers to entry
  • Benefit from on-chain liquidity and global accessibility
  • Tap into 24/7 trading, unbound by traditional market hours
  • Access on-chain liquidity, bridging CeFi and DeFi
  • Diversify portfolios with exposure to real-world assets

“With the launch of Bybit TradFi, we’re equipping our users with the tools they need to unlock value from traditional markets—without ever leaving the crypto ecosystem,” added Emily. “Our partnership with xStocks strengthens our resolve to deliver more inclusive, borderless, and flexible financial access.”

As the crypto space evolves, Bybit remains at the forefront—connecting users not only to the future of finance, but also to the enduring opportunities of Wall Street, reimagined on-chain.

The service will be available to selected Bybit users in the coming weeks.

#Bybit / #TheCryptoArk

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 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

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Figment Expands into Middle East, Amidst Rising Institutional Demand for Digital Assets

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LONDON, June 30, 2025 /PRNewswire/ — Figment, the leading independent provider of institutional staking infrastructure, is deepening its presence in the Middle East as digital asset adoption accelerates across the region. 

As part of this expansion, Figment has appointed Christoph Richter as its first Head of Business Development in the Middle East and announced a key partnership with UAE-based custody provider Tungsten, a trusted name in institutional digital asset services. This collaboration leverages Tungsten’s well-established industry position and existing licensing within the Abu Dhabi Global Market (ADGM), enabling them to offer enhanced, non-custodial staking options to clients via Figment’s infrastructure. 

The move marks a major step in expanding compliant staking access across the UAE and the broader MENA region and Christoph will be Figment’s first on-the-ground hire in the region.

“Staking can be understood as earning the risk-free rate on proof-of-stake networks like ETH and SOL,” said Christoph Richter. “With inflation beating rewards and rising institutional digital asset allocations, staking is becoming a core strategy – and the MENA region is ready.”

A Strategic Regional Push

Figment’s formal entry into the region is driven by growing demand for compliant, reward-generating solutions aligned with long-term digital asset investment strategies.

“The Middle East is uniquely positioned to benefit from institutional staking,” said Eva Lawrence, Figment’s Head of EMEA & Regional MD. “With Christoph’s deep background in traditional finance and digital assets, he’s perfectly placed to lead our growth in this high-potential market.”

Christoph will lead business development and strategic partnerships, reporting to Eva Lawrence, the Head of EMEA. He brings nearly two decades of traditional finance (TradFi) derivatives experience, including senior roles at JP Morgan, Barclays, BNP Paribas, and UBS. In his most recent TradFi role, he led derivative solutions for Southern Europe and DACH at MUFG. Since entering the digital asset industry in 2017, he has advised top-tier firms and co-founded the proprietary BTC and ETH trading venture Vol Capital, building market neutral quantitative investment strategies.

Christoph brings a wealth of experience of working on major infrastructure Public Private Partnerships transactions across the Middle East, particularly in Saudi, building strong ties to the region’s major players and capital markets. Now based in the UAE and fluent in five languages, he brings a truly global perspective to Figment’s regional growth.

Continued Global Investment, Local Leadership

This move builds on Figment’s global expansion across EMEA, the Americas, and APAC, reflecting increased institutional demand for secure and regulatory-aligned staking solutions and cementing Figment’s leadership as the most trusted institutional staking provider. Christoph’s appointment and the partnership with Tungsten underscore Figment’s commitment to investing in local leadership and strategic infrastructure tailored to the needs of the region.

Press Contact
Amy McAllister Byrne:  amy@cryptocollective.global

About Figment

Figment is the leading independent provider of staking infrastructure. Figment provides the complete staking solution for over 700 institutional clients, including asset managers, exchanges, wallets, foundations, custodians, and large token holders, to earn rewards on their digital assets. On Ethereum, Figment is the largest non-custodial staking provider of staked ETH. Institutional staking services from Figment include seamless point-and-click staking, portfolio reward tracking, API integrations, audited infrastructure, and slashing protection. This all leads Figment’s mission to support the adoption, growth, and long-term success of the digital asset ecosystem. To learn more about Figment, please visit figment.io.

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Elliptic’s ‘Data Fabric’ transforms access to digital asset data and intelligence with Industry’s first ‘data as a service’ (DaaS) model

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‘Elliptic Data Fabric’ enables customers to embed data directly into their own data lakes, workflows and AI models for real-time digital asset decisioning

LONDON, June 27, 2025 /PRNewswire/ — Elliptic, the global leader in digital asset decisioning, has announced an industry first, offering direct access to its market-leading datasets and intelligence, ‘Elliptic Data Fabric,’ via subscription. 

As the digital asset industry undergoes exponential growth, traditional SaaS solutions delivered through apps or API feeds are no longer meeting the needs of all our customers — particularly when it comes to managing risk exposure, intelligence operations, and compliance requirements. To address this, ‘Elliptic Data Fabric’ offers customers the ability to ingest and subscribe to data streams directly, enabling access to Elliptic’s data and intelligence in the format, schema, and delivery method that best meets their specific needs. Elliptic’s data and intelligence feeds the customer’s internal data lakes, customized workflows and AI models — accelerating decision-making, modernizing connectivity and letting enterprises and agencies directly query the data, run internal analytics and compose leaner data workflows.

The challenge facing governments, exchanges, crypto businesses and banks is today twofold.  Firstly, increased adoption of digital assets is marked by transaction growth, increased asset issuing, faster innovation and expanding multi-chain activity. Whilst at the same time, threat actors no longer operate in isolation — sanctioned entities, fraudsters, and money launderers blur together using new technologies to obfuscate their interconnected webs of illicit activity at a much faster pace than seen before. These challenges require the digital asset ecosystem to find new approaches to compliance obligations and criminal investigations.

“Elliptic Data Fabric gives us high-fidelity, richly structured blockchain intelligence that fits directly into how we work. The data is normalized across chains, it’s flexible enough to deploy in our own environment. It enables us to build threat models, connect actors, and get ahead of behavior, not just react to it. As illicit actors become more sophisticated, we’re asking more complex questions than ever before — and now we have the data to actually answer them, fast.” Program Manager, US central government.

Elliptic Data Fabric has use cases for multiple industries which are actively in the market today including:

Elliptic Blocklist is a direct plug-in data and intelligence subscription service that provides access to Elliptic’s continuously updated list of sanctioned and high-risk entities.  Used by exchanges, stablecoin issuers, and payments providers, the Blocklist is regularly updated with the latest intelligence. This enables customers to directly query data to either permit or block withdrawals to unhosted wallets without adding friction to the transaction flow.  When milliseconds matter, blocklist ingestion gives a crucial first line of defence, ensuring users can safely and efficiently send funds. Screening is then carried out for compliance and reporting purposes.

Elliptic made a free version of its Blocklist available globally to the crypto community during the Bybit exploit. This was instrumental in helping the ecosystem, whether customers or otherwise, easily identify DPRK funds from the exploit, reduce risk of exposure to them, and help in some cases to freeze those funds.

Elliptic Counterparty Risk is being used by banks and financial institutions to help them easily assess indirect digital asset risk stemming from their customers by enriching their fiat transaction screening workflows with custom intelligence on thousands of VASPs. By seamlessly integrating Elliptic’s VASP data into internal screening workflows, organizations uncover hidden risks by detecting when customers interact with high-risk or unregistered crypto platforms. Customers are also optimizing their operatioal efficiencies by automating risk assessments and reducing manual investigations into crypto-related fiat transactions.

Government agencies are already leveraging Elliptic Data Fabric to access operation-ready blockchain data and intelligence, seamlessly integrated into their environments, mission-specific use cases, and analyst workflows. The data is pre-structured into actionable formats — such as value transfer events (VTEs) and actor clusters — and is immediately queryable across Elliptic’s 54 supported blockchains.

Because this data is ingested directly within the agency’s secure infrastructure, it remains completely air-gapped, ensuring no vendor visibility into sensitive mission-related queries. This enables agencies to confidently use and share the data in investigations and effectively collaborate with other departments, supporting the multi-agency nature of investigative operations such as the USSS take down of Garantex.

“As the digital asset industry evolves, we recognize that traditional solutions need to mature in order to adequately support the internal investigation and analytics requirements of organizations striving to meet compliance obligations and government agencies to meet their mission objectives. Modern data and intelligence platforms must be adaptable, providing solutions in all formats — apps, APIs, and, as we’re announcing today with ‘Elliptic Data Fabric’, through subscriptions to data and intelligence. Many of our enterprise and government customers run sophisticated, large-scale internal analytics programs that require direct access to our trusted data and insights to power their operations. As the industry continues to evolve, Elliptic’s platform is built to stay flexible, ensuring it delivers the dynamic solutions needed in today’s fast-moving market,” commented Jackson Hull, CTO Elliptic.

About Elliptic

Elliptic is the leader in digital asset decisioning, we have built the most comprehensive platform for efficiently extracting crypto data and intelligence across blockchains with the greatest accuracy.

Our platform’s unrivalled uptime, scalability, depth and breadth of our data and intelligence means exacting organizations choose Elliptic for their compliance, risk management, intelligence operations and blockchain infrastructure needs.

Founded in 2013, Elliptic is headquartered in London with offices in New York, Washington D.C., Dubai, Singapore and Tokyo. To learn more, visit www.elliptic.co and follow us on LinkedIn and X.

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SOURCE Elliptic

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Cango Inc. Announces Closing of Share-Settled Crypto Mining Assets Acquisitions

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HONG KONG, June 27, 2025 /PRNewswire/ — Cango Inc. (NYSE: CANG) (“Cango” or the “Company”) today announced that it has completed the previously announced acquisitions of on-rack crypto mining machines with an aggregate hashrate of 18 Exahash per second through issuance of 146,670,925 Class A ordinary shares of the Company to the sellers in proportion to the aggregate hashrate of the machines sold by each seller (the “Share-Settled Transactions”).


(PRNewsfoto/Cango Inc.)

The Company announced signing of the On-Rack Sales and Purchase Agreement for the Share-Settled Transactions (the “Purchase Agreement”) on November 6, 2024, and amendments to the Purchase Agreement on March 26, 2025, April 3, 2025, June 4, 2025 and June 23, 2025. All closing conditions for the Share-Settled Transactions were satisfied or waived in accordance with the Purchase Agreement, including NYSE’s authorization of the Company’s supplemental listing application with respect to the Class A ordinary shares issued at the closing of the Share-Settled Transactions, and the transactions were closed on June 27, 2025.

With closing of the Share-Settled Transactions, Golden TechGen Limited (“GT”), which is the largest seller in the Share-Settled Transactions, currently owns approximately 19.85% of the Company’s total outstanding shares, and all the sellers in the Share-Settled Transactions in the aggregate own approximately 41.38% of the Company’s total outstanding shares before the issuance of any Bonus Shares or Adjustment Shares as described in the press release issued by the Company on June 4, 2025 announcing the third amendment to the Share-Settled Transactions.

The mining machines that the Company purchases in the Share-Settled Transactions are currently in active mining operation and hosted in data centers in several countries outside China, with the majority located in the U.S. The Company will continue to host the machines in their existing data centers and have engaged a service provider to provide operational and maintenance services for the machines after closing of the Share-Settled Transactions. The closing of the Share-Settled Transactions is expected to further support the Company in its expansion and growth in the crypto asset space.

About Cango Inc.

Cango Inc. (NYSE: CANG) is primarily engaged in the Bitcoin mining business, with operations strategically deployed across North America, the Middle East, South America, and East Africa. The Company entered the crypto asset space in November 2024, driven by advancements in blockchain technology, the growing adoption of digital assets, and its commitment to diversifying its business portfolio. In parallel, Cango continues to operate an online international used car export business through AutoCango.com, making it easier for global customers to access high-quality vehicle inventory from China. For more information, please visit: www.cangoonline.com.

Safe Harbor Statement

This announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” and similar statements. Cango may also make written or oral forward-looking statements in its periodic reports to the SEC, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about Cango’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: the completion, amendment or reversal of any transactions entered into, proposed or considered by Cango; Cango’s goal and strategies; Cango’s expansion plans; Cango’s future business development, financial condition and results of operations; Cango’s expectations regarding demand for, and market acceptance of, its solutions and services; Cango’s expectations regarding keeping and strengthening its relationships with dealers, financial institutions, car buyers and other platform participants; general economic and business conditions; and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in Cango’s filings with the SEC. All information provided in this press release and in the attachments is as of the date of this press release, and Cango does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

Investor Relations Contact

Yihe Liu
Cango Inc.
Tel: +86 21 3183 5088 ext.5581
Email: ir@cangoonline.com 

Helen Wu
Piacente Financial Communications
Tel: +86 10 6508 0677
Email: ir@cangoonline.com

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SOURCE Cango Inc.

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Bybit & Block Scholes Report: GENIUS Act Aims to “Reinvent the Dollar” and Solidify US Leadership in Digital Assets

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DUBAI, UAE, June 27, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, today released a new crypto insights report with Block Scholes, revealing how landmark U.S. legislative proposals like the GENIUS Act are set to reinforce the U.S. dollar’s global dominance and rewire the international financial order. The report analyzes a new wave of regulatory momentum under the Trump administration, highlighting how new laws could institutionalize digital assets and cement the leadership role of the U.S. in the crypto industry.

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The report outlines key regulatory developments under the Trump administration that have boosted investors’ confidence in crypto. The industry stands at the intersection of the dollar’s legacy hegemony, favorable policy shifts in the U.S., and the global trend of increasing regulatory clarity. Institutional and official acceptance of crypto—from stablecoins to BTC, is being coded into laws.

Key Insights:

  • Reinventing the USD – the GENIUS Act: To rejuvenate the greenback’s dominance in the international financial system, U.S. lawmakers have long been pushing for digital asset legislation that can balance consumer protection and innovation. This underscores the GENIUS Act’s significance as the U.S. asserts its might in a volatile world: the future of money will still be denominated in the U.S. dollar.
  • A million BTC in reserves: U.S. legislators are seeking creative ways to defuse America’s time-ticking debt bomb. Some of them are turning to BTC. The newly proposed BITCOIN Act, if passed, will open up demands for 200,000 BTC annually to form part of the U.S. Treasury’s strategic BTC reserves. This will not only cause BTC prices to shoot up, but also signal deeper implications for public recognition and adoption of digital assets.
  • The global race to regulate crypto: From South Korea and Pakistan, to the U.K. and Europe at large, no regulator wants to be left behind in the crypto revolution. The report uncovers insights from across the globe and what these changes could mean for the digital asset class.

For detailed insights, readers may download the full report.

#Bybit / #TheCryptoArk / #BybitLearn

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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Protocol Camp Announces Upcoming New Edition to Empower Web3 Innovators Across Asia

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SEOUL, South Korea, June 26, 2025 /PRNewswire/ — Protocol Camp, Asia’s leading Web3 bootcamp originally launched in South Korea, is returning with a unified, expanded format. The upcoming edition merges the Korea and Southeast Asia programs into a single initiative aimed at delivering greater impact for blockchain developers and entrepreneurs across the continent.

Protocol Camp Announces Upcoming New Edition to Empower Web3 Innovators Across Asia

Originally hosted by Hashed and Hanwha Life – Korea’s second-largest life insurer – Protocol Camp has steadily grown across Asia. The Southeast Asia edition, launched in 2024, was led by ShardLab, Hashed’s innovation arm, in collaboration with SCBX. These partnerships reinforced the program’s strategic relevance and reach. With this integration, Protocol Camp is positioned to scale its influence as a pan-Asian launchpad for Web3 talent.

Proven Track Record of Web3 Talent Development

Since its inception, Protocol Camp has run six cohorts in Korea, producing 69 graduates and incubating 21 blockchain products. Alumni have joined top Web2 companies such as Hanwha Systems, AWS and BCG, and Web3 organizations including Solana, TON, Hashed Open Research, Modhaus, and more — demonstrating the program’s ability to nurture high-caliber talent.

In 2024, the program expanded to Southeast Asia, welcoming over 10 alumni from 5 countries and supporting the creation of new products on the Aptos blockchain. Across both regions, Protocol Camp has built a dynamic builder community shaping the decentralized ecosystem through startups and major blockchain teams.

A New Chapter Led by ShardLab

ShardLab, the innovation arm of Hashed, led Protocol Camp’s Southeast Asia expansion and will now oversee the unified pan-Asian program. This marks a strategic step to broaden the camp’s regional reach and deepen its focus on high-impact Web3 talent.

“By unifying the program, Protocol Camp becomes a true pan-Asian initiative that supports builders wherever they are,” said Hojin Kim, CEO of ShardLab. “Our mission is to empower the next generation of Web3 leaders through education, mentorship, and real-world experience.”

“Through diverse partnerships — from global foundations to regional conglomerates — we’re building a collaborative platform where innovators can thrive,” Kim added.

ShardLab ultimately envisions Protocol Camp evolving into a full-fledged Web3 academy, offering continuous education and resources to help founders scale decentralized innovation.

Shaping the Future of Web3 in Asia

With Web3 adoption on the rise, Protocol Camp remains committed to empowering builders through education, community, and global partnerships. The unified program is set to lead Asia’s next wave of decentralized innovation.

Applications opening soon at www.protocolcamp.com.

Media Contact:
Rachel Kim (rachel@shardlab.com)

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3iQ Recognized as “Best Digital Asset Investment Manager”, “Best Bitcoin ETF Issuer” and “Fund Manager Innovator of the Year” at 2025 Industry Awards

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TORONTO, June 25, 2025 /PRNewswire/ — 3iQ Corp. (“3iQ”), a global pioneer in digital asset investment solutions, is pleased to announce it has won awards at three different industry ceremonies, solidifying its position as a leader in the provision of transparent, well-managed and regulated digital asset investment products.

As the first regulated digital asset investment manager to launch a Bitcoin and Ethereum ETP listed on a major global stock exchange, as well as the first provider to integrate staking yields into Ethereum and Solana ETPs, 3iQ is fast becoming recognised as a global leader.

The award categories won by 3iQ are:

  • Best Digital Asset Investment Manager at the Digital Commonwealth Awards, held in the City of London’s Mansion House
  • Best Bitcoin ETF Issuer ($100m+) at the ETF Express Canadian ETF Awards, held at the TMX Market Centre in Toronto
  • Fund Manager Innovator of the Year at the Wealth Professional Awards 2025, held at the Liberty Grand in Toronto

3iQ’s award recognitions come at a time of transformational developments in the crypto industry as digital assets across the world become more widely accepted as an asset class not only for advancing technological innovation, but investment.

Pascal St-Jean, President and CEO of 3iQ, said: “To be recognized as Best Digital Asset Investment Manager at such a prestigious award ceremony in the heart of the City of London demonstrates just how 3iQ is a leader in this space and our Best Bitcoin ETF Issuer and Fund Manager Innovator of the Year accolades are further evidence that we are delivering some of the most innovative ETFs on the markets.”

“We are passionate at delivering the best-in-class digital asset investment products. Ever since launching the world’s first Bitcoin ETF to be traded on a major stock exchange, we have been pushing the boundaries of investment in this new asset class, in particular with QMAP, our digital asset hedge fund platform that provides access to well risk-managed portfolios of investments. These award wins are testament to the hard work of the team and I’d like to congratulate everyone at 3iQ.”

Winners of the Digital Commonwealth Awards were judged by a panel of stringently independent industry leaders, innovators and thought leaders from various sectors within the digital and financial industries. Their collective expertise ensures that each award category is judged with the highest level of professionalism and insight.

James Bowater, Founder and CEO of The Digital Commonwealth, said: “3iQ are trailblazers when it comes to delivering innovative digital asset investment products, so for our independent panel of judges they were a clear winner when it came to selecting them as Best Digital Asset Investment Manager. Congratulations to them and the team.”‍

The Service Provider categories undergo a two-step nomination and voting process for the awards. Initially, a survey of industry participants is used to identify nominations for each category. Nominations are then collated and reviewed by the ETF Express editorial team and a shortlist of Service Providers is provided for each category. These shortlists are then combined with the Issuer shortlists to be voted on by the industry in a second survey.

Beverly Chandler, Editor at ETF Express, said:
“Well done 3iQ for your success in being voted as a leader in the provision of digital asset ETFs and we congratulate you for winning the category of ‘Best Bitcoin ETF Issuer ($100m+)’.” 

The Wealth Professional Awards team conduct research and draw on knowledge and information gained through Wealth Professional to support and supplement nominations received and to ensure that no one deserving of recognition is missed. Winners are voted for by an independent judging panel comprising industry leaders and senior representatives.

About 3iQ Digital Asset Management
Founded in 2012, 3iQ is one of the world’s leading alternative digital asset managers, pioneering institutional-grade investments. 3iQ launched the world’s first Digital Assets Managed Account Platform (QMAP), a hedge fund investment solution, offering innovative risk-managed investment solutions to gain exposure to digital assets. 3iQ was also the first to launch a Bitcoin and Ethereum ETP listed on a major global stock exchange, integrate staking into its Ethereum and Solana ETPs boosting investor returns, and offering other regulated ETPs. In 2024, Monex Group, a leading Japanese financial group, took a majority stake in 3iQ. Since 2012, 3iQ has been at the forefront of innovation in digital asset investment management. To learn more about 3iQ, visit 3iq.io

W: https://www.3iq.io/
L: https://www.linkedin.com/company/3iq-corp/
X: https://x.com/3iq_corp

Disclaimer
This release is for informational purposes only, and the content contained herein should not be considered investment advice or a solicitation, offer, or recommendation to sell or buy any asset, strategy, or product. Investing in digital assets involves a high degree of risk, including the loss of principal.

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KuCoin Achieves AAA Rating on CER.live, Solidifying Position as a Top Secure Cryptocurrency Exchange

Written by CryptoCurrencyNews on . Posted in Cryptocurrency. Leave a Comment

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VICTORIA, Seychelles, June 24, 2025 /PRNewswire/ — KuCoin, a leading global cryptocurrency exchange, proudly announces its prestigious AAA rating on CER.live, a renowned cybersecurity ranking platform for cryptocurrency projects.

This accolade positions KuCoin as the top 6 most secure exchanges worldwide, reflecting its unwavering commitment to user protection and operational excellence. With a 90% security score and perfect 100/100 marks in server security, user security, penetration tests, and its bug bounty program, KuCoin stands alongside industry giants such as Coinbase, OKX, and Kraken, reinforcing its reputation as a trusted platform in the competitive cryptocurrency market.

In 2025, KuCoin has reinforced its security commitment through significant milestones. At TOKEN2049 Dubai, KuCoin announced the $2 Billion Trust Project, which showcases its commitment to the 41 million users through the security-first approach. In addition, the exchange secured the SOC 2 Type II certification, validating its strong internal controls for security, alongside the ISO 27001:2022 certification, aligning with global information security benchmarks. Most recently, on June 19, 2025, KuCoin unveiled a partnership with BitGo that integrates the Go Network for Off-Exchange Settlement. This collaboration enhances security for institutional clients by separating custody and execution. Through multi-year efforts, KuCoin aims to enhance transparency, security, and compliance by integrating advanced features like zero-trust architecture, sophisticated encryption key management, and monthly PoR (Proof of Reserves) reporting. These steps ensure users’ assets are both safeguarded and transparently managed, boosting confidence in the platform.

BC Wong, CEO of KuCoin, emphasized this ethos, stating, “Security isn’t just a feature at KuCoin—it’s the foundation of everything we do, and the AAA rating on CER.live reflects our relentless focus on user safety. We will continue to invest in cutting-edge security technologies and practices to stay ahead of emerging threats.“

Looking ahead, KuCoin is poised to strengthen its security framework. The exchange is also pursuing global regulatory compliance, including the MiCAR license in the EU, to meet evolving standards and ensure a secure trading environment worldwide. CER.live’s AAA rating carries weight due to its rigorous CERtified methodology, which evaluates exchanges on cybersecurity practices, penetration testing, PoR, and bug bounty programs. Integrated into CoinGecko’s TrustScore, these rankings offer users an objective measure of platform reliability, a critical factor in an industry where security lapses can be catastrophic.

Serving over 41 million users across 200+ countries, KuCoin continues to lead by example in the cryptocurrency ecosystem. Its achievements in 2025 highlight a mission to deliver a secure, user-focused platform that builds trust and accelerates Web3 adoption. Through its relentless focus on security, transparency, and innovation, KuCoin continues to set a high standard for the cryptocurrency exchange ecosystem.

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 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. 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 at: www.kucoin.com

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