Author: CryptoCurrencyNews

Opportunities in Volatility: Navigate Crypto Market Trends with KuCoin Trading Bots

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VICTORIA, Seychelles, March 14, 2025 /PRNewswire/ — KuCoin, a global leading cryptocurrency exchange, is excited to announce the release of its latest market trend and trading bot strategies report for March 2025. This detailed production is designed to empower traders by enhancing their understanding of the crypto market and refining their trading techniques.

This new report is set to support both novice and experienced traders by providing them with a detailed historical analysis of Bitcoin’s performance over the past 13 years, diving into the long-term trends and cyclicality of the market, enabling traders to enhance their understanding of the market landscape.

To help everyone to better keep up with the dynamics of the market, the report features a calendar of key events in March that are expected to impact the crypto markets. This report serves as learning materials with the purpose of information sharing, users are welcome to leverage the detailed information provided in the report  to personalize their own analysis and develop trading strategies that align with their individual trading habits and risk appetite.

This is a testament to KuCoin’s ongoing commitment to education and excellence in the crypto trading space. New users are also welcomed to join the latest Trading Bot Carnival to stand a chance of getting various types of rewards. Users are encouraged to read through risk warnings before proceeding to investing.

For a full report and access to the educational resources provided by KuCoin, please visit KuCoin Official Website.

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/.

Disclaimer:  This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions or any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances.

(PRNewsfoto/KuCoin)

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Bybit Introduces Zero Fees on Indices Trading for MT5 Users

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DUBAI, UAE, March 14, 2025 /CNW/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has announced a new perk for MT5 users on Bybit in a zero-fee trading event, Indices Unleashed.


Bybit Logo (PRNewsfoto/Bybit)

From today until April 12, 2025, Bybit traders can execute transactions on 18 prominent indice pairs without incurring trading fees. The offer applies automatically to derivatives linked to indices including the Dow Jones Index Cash CFD (DJ30), NAS100 Cash (NAS100), Hang Seng Index Cash CFD (HK50), S&P Index Cash CFD (SP500), GER40 Cash (GER40), US SMALL CAP 2000 – CASH (US2000), France 40 Index (FRA40), Nikkei Index Cash CFD (Nikkei225), UK 100 Cash (UK100), EUSTX50 Cash (EU50), ES35 Index Cash (ES35), Hang Seng Tech Index Case CFD (HKTECH), Bovespa Cash CFD (BVSPX), South Africa 40 – CASH (SA40), S&P/ASX 200 Index Cash CFD (SPI200), Singapore 20 Index Cash CFD (SGP20), and the Taiwan RIC Index Cash CFD (TWINDEX), all available on the Bybit Gold & Forex Trading platform.

Bybit Gold & FX Trading marks a significant milestone for Bybit as the first cryptocurrency exchange to achieve seamless MT5 integration. This groundbreaking advancement provides users with access to a diverse range of financial instruments, including forex, gold, and other commodities, alongside traditional crypto offerings. With MT5’s sophisticated charting tools, automated trading capabilities, and intuitive interface, Bybit Gold & FX Trading enhances the trading experience for both seasoned professionals and those new to the markets, setting a new benchmark within the digital asset trading landscape.

“Whatever the market conditions, broader access and powerful, intelligent tools are a trader’s best friend. We’re offering free access to indices trading via MT5 on Bybit for a limited time to allow users to experience the platform and find their trading rhythm in a dynamic market,” said Joan Han, Sales and Marketing Director of Bybit.

To find out more about the event and its terms and conditions, users may visit: Bybit Indices Unleashed – Trade for Free

#Bybit  #TheCryptoArk

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

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Moomoo’s Parent Company Futu Reports Strong Financial Growth for Q4 and Full Year 2024

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JERSEY CITY, N.J., March 13, 2025 /CNW/ — Moomoo’s parent company Futu Holdings Ltd. (“Futu” or “the Company”) (Nasdaq: FUTU), a leading tech-driven online brokerage and wealth management platform, announced its unaudited Q4 2024 earnings with US$570.6 million in revenues, up 86.8% year-over-year (“YoY”), and US$251.3 million in non-GAAP adjusted net income, a 105.4% YoY increase.

For the year ended December 31, 2024, the Company recorded US$1.75 billion in revenues and US$742.6 million in non-GAAP adjusted net income, representing a YoY increase of 35.8% and 26.2%, respectively.

A Deepened Globalization Strategy Boosts Client Acquisition and Trading Activities

The Company reported robust growth in user and client acquisition for Q4, posting over 25 million global users at the year end that includes 2.41 million paying clients, up 16% and 41% YoY respectively. Total client assets achieved US$95.7 billion with a YoY increase of 53%. In the full year of 2024, the Company acquired over 701 thousand new paying clients, representing 127% of its full-year guidance.

The Company sustained robust growth momentum across all markets where moomoo operates. Q4 marked the strongest quarter in users and paying clients growth in Singapore over the past 10 quarters, while double-digit increases in both metrics were recorded in Japan, Canada, Malaysia and Australia. In terms of client assets, all markets experienced a double-digit quarterly rise, with newly penetrated markets such as Japan, Canada, and Malaysia reporting a high growth rate.

In Hong Kong, where its platform is known as Futubull, the Company further strengthened its market-leading position this quarter. The user base continued to expand, now reaching over half of the local adult population. The quarter-over-quarter growth in paying clients reached the highest level in recent three years, with the year-end average client assets ascending to a record high, highlighting a continued asset inflow from institutions and the private wealth segment.

Driven by its diversification strategy globally, the Company’s trading activities increased notably across multiple assets, bringing the Q4 trading volume up to an all-time high at US$371.5 billion. The total quarterly trading volume for US stocks surged by 195% YoY to a historic peak of over US$267 billion, and that for Hong Kong stocks exceeded US$97 billion, representing a three-year high. Additionally, the Company’s crypto trading services that were launched in Singapore and Hong Kong continued to gain traction, with the number of traders and trading volume both soaring in Q4. The average deposit into crypto accounts increased significantly, showing growing confidence in this particular asset among investors.

The wealth management business also saw rapid expansion this quarter, with the assets under management surpassing US$14 billion, almost doubling in size compared to 2023 year-end.

User Engagement Propelled by Enhanced Product Capabilities and Ecosystem Development

In Q4, the Company continuously optimized user experience through a series of product launches and upgrades. A redesigned desktop version of moomoo was released, offering a more tailored interface and advanced features. In Japan, moomoo collaborated with the Japan Exchange Group to offer Japanese stock options trading, and in Australia, moomoo is a pioneer in Australian stock recurring investment plan. In Singapore and Hong Kong, the Company established a bond trading desk this quarter to help clients execute large and complex bond orders.

As a global brand operating in various markets, moomoo is dedicated to fostering an ecosystem featuring transparent, high-quality content and seamless communication among investors, listed companies, media and other financial partners. As part of the global strategic partnership initiatives between the Company and Nasdaq, moomoo launched its inaugural Global Paper Trading Challenge in Q4, assembling over 150,000 challengers worldwide and advancing financial literacy through hands-on market education. Additionally, moomoo established global partnerships with well-known investment service providers such as TradingView and Seeking Alpha, creating value for both moomoo users and its partners. Traders on the TradingView platform named moomoo as 2024 Best Stock Broker.

Bolstered by a more integrated ecosystem, user engagement improved as the daily active usage on moomoo app significantly increased across all markets, with a double-digit YoY rise in Singapore, Malaysia and Australia. The Company also reported the number of moomoo online course learners doubled compared to last quarter, in line with the rapid surge in user activities across its platforms.

In Q4, the moomoo app secured the top spot in Singapore and Malaysia among brokerages in terms of accumulated downloads and daily active users for quarters running. In Australia, moomoo achieved a breakthrough, ranking the top by annual downloads for the first time among local broker apps. In Japan, moomoo maintained in second place by downloads for the second consecutive quarter. In Singapore, Japan and Malaysia, moomoo app continued to lead the industry by receiving the highest user ratings on both Google Play and App Store*.

*Source: data.ai

About moomoo

Moomoo is a leading global investment and trading platform dedicated to empowering investors with user-friendly tools, data, and insights. Our platform is designed to provide essential information and technology, enabling users to make well-informed investment decisions. With advanced charting tools, pro-level analytical features, moomoo evolves alongside our users, fostering a dynamic community where investors can share, learn, and grow together.

Founded in the US, moomoo has expanded its global presence to serve investors across multiple markets, including Singapore, Australia, Japan, Canada, and Malaysia. As a subsidiary of a Nasdaq-listed company, moomoo is trusted by over 25 million investors worldwide and has earned recognition from leading financial institutions and publications for its innovation and reliability.

For more information, please visit moomoo’s official website at www.moomoo.com


(PRNewsfoto/moomoo)

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SOURCE moomoo

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XRP Healthcare Acquires Pharma Ville, a Retail and Wholesale Pharmacy Chain in Uganda

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DUBAI, UAE, March 12, 2025 /PRNewswire/ — XRP Healthcare, a pioneering force in healthcare innovation, has officially acquired Pharma Ville, a leading retail and wholesale pharmacy chain in Uganda.

XRP Healthcare Acquires Pharma Ville, a Retail and Wholesale Pharmacy Chain in Uganda

This strategic acquisition marks XRP Healthcare’s entry into Africa’s rapidly evolving healthcare sector, laying the foundation for scalable, technology-driven pharmaceutical distribution across the continent.

With two retail pharmacies and five wholesale distribution centres strategically positioned across Uganda, Pharma Ville’s established infrastructure enhances medicine accessibility nationwide. The acquisition strengthens XRP Healthcare’s ability to streamline pharmaceutical supply chains and expand its footprint in Africa’s healthcare market.

Shonubi Musoke & Co. Advocates, one of Uganda’s premier law firms and a partner of the globally renowned Norton Rose Fulbright, advised XRP Healthcare in this transaction, ensuring a seamless legal and regulatory transition.

Pharma Ville plays a pivotal role in Uganda’s healthcare sector, working closely with the National Medical Stores (NMS) and Joint Medical Stores (JMS) to ensure a steady and reliable supply of essential medicines.

The acquisition includes 60 registered pharmaceutical products, 18 products ready for immediate commercialization, and 70 additional products in the pipeline awaiting regulatory approval.

Additionally, Pharma Ville has distribution agreements with eight global pharmaceutical suppliers, reinforcing its strong supply chain network:

  • Toros Group (Switzerland) – Orthopedic supplies
  • Ascensia Switzerland (Germany) – Diabetic care solutions
  • Incepta Pharmaceuticals Ltd (Bangladesh) – Human drugs
  • Amanta Health Care Limited (India) – Intravenous fluids
  • Forans Latvia (Latvia) – Diabetic care products
  • Mediteks (Turkey) – Surgical equipment
  • Naari Pharma Pvt Limited (India) – Human drugs
  • Universal Corporation Limited (Kenya) – Human drugs

Richard Kitonsa (MPS), Founder and CEO of Pharma Ville, emphasized the transformative impact of this acquisition:

“Joining XRP Healthcare is transformative. We can now rapidly scale our operations, introduce innovative technologies, and better serve Uganda’s healthcare needs.”

Whitney Lynn, Chairman of XRP Healthcare, underscored the company’s mission:

“Our goal is simple—make essential medicines more accessible and affordable. This acquisition is a major step toward achieving that.”

Kain Roomes, CEO of XRP Healthcare, highlighted the opportunity within Uganda’s healthcare sector:

Uganda’s fragmented pharmaceutical landscape presents immense potential. By integrating Pharma Ville, we can deliver immediate impact—improving access to essential medicines and optimizing healthcare delivery.”

Laban Roomes, COO of XRP Healthcare, emphasized the groundwork laid for expansion:

“We have spent significant time in Uganda developing the legal and operational frameworks necessary to scale this business rapidly. Our efforts will drive long-term improvements in healthcare accessibility.”

Pharma Ville will undergo immediate operational upgrades, including:

  • Advanced inventory management to optimize supply chains
  • Upgraded licensing to expand product offerings
  • Enhanced distribution channels for wider reach
  • Digital payment integration for seamless transactions
  • New CRM systems to improve customer engagement

By Q4, Pharma Ville will rebrand as XRP Healthcare, aligning with the company’s vision for innovation and healthcare excellence.

The XRPH AI app, a multilingual healthcare assistant, is already live and integrated into Pharma Ville’s digital platform (www.pharmaville.ai). The AI-driven tool provides medical guidance in Luganda, Swahili, Kinyarwanda, French, and English.

In an upcoming update, users will be able to upload images of medical conditions for AI-assisted preliminary assessments, with direct referrals to healthcare professionals for critical cases.

Peter Waiswa, a strategic advisor to UNICEF, the Bill & Melinda Gates Foundation, and now XRP Healthcare, praised the acquisition’s significance:

“This acquisition strengthens Uganda’s healthcare sector, fosters economic growth, and introduces essential technologies to the industry. It’s a major step forward for healthcare accessibility in Uganda.”

With Africa’s healthcare market projected to reach $259 billion by 2030, and the digital health segment—encompassing AI-driven solutions—expected to grow to $16.6 billion, XRP Healthcare is strategically positioned to capitalize on these transformative opportunities.

XRP Healthcare holds registered trademarks in Uganda, the UAE, and the UK, with ongoing global registrations, reinforcing its commitment to innovation and brand excellence.

Additionally, XRP Healthcare has informed its community of an upcoming global announcement, separate from its African expansion, to be revealed this quarter. This development reflects the company’s broader strategic ambitions and commitment to advancing global healthcare solutions.

About XRP Healthcare

XRP Healthcare is a pioneering healthcare solutions provider leveraging AI and strategic acquisitions to enhance healthcare accessibility and efficiency. By integrating digital innovation with traditional pharmaceutical distribution, XRP Healthcare is at the forefront of revolutionizing healthcare delivery in emerging markets.

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XRP Healthcare Acquires Pharma Ville, a Retail and Wholesale Pharmacy Chain in Uganda
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Movement Network Foundation Announces Public Mainnet Beta Now Live with $250M+ TVL

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Innovative day-one liquidity fuels the latest Move blockchain network launch

GRAND CAYMAN, Cayman Islands, March 10, 2025 /PRNewswire/ — The Movement Network Foundation, the organization dedicated to advancing MoveVM technology, today announced the successful launch of Movement Public Mainnet Beta, with an impressive$250M in at-launch Total Value Locked (TVL) from the Cornucopia program. This milestone enables permissionless smart contract deployment and user onboarding for the first time and allows everyone to freely build on and use Movement, the only Move-based chain that settles to Ethereum.

Cornucopia Deepens Liquidity

“Securing over $233 million in TVL through our Cornucopia program is a clear validation of the market’s confidence in Movement,” said Cooper Scanlon, Co-Founder of Movement Labs. “This level of day-one liquidity is exceptionally rare for a new network and gives us, our builders, and our community a significant advantage. It allows us to skip the months-long bootstrapping phase and immediately provide the foundation needed for meaningful DeFi adoption and utility.”

Cornucopia provides Movement Network with substantial day-one liquidity across BTC, ETH, MOVE, and stablecoin assets, addressing one of the primary challenges new networks face: the “cold start” problem. Developed with industry leaders including Concrete, Veda Labs, Echelon and Canopy, this robust financial foundation enables Movement to support sophisticated DeFi applications from day one.

Public Mainnet Beta Launch: Features

Movement Network is a secure and scalable network of Move-based chains secured by Ethereum, creating safer execution environments through the Move programming language originally developed by Meta to power safer, better digital economies. Movement is the Network’s first chain.

Public Mainnet Beta key features:

  • Permissionless smart contract deployment
  • Full user onboarding and engagement
  • Attestations of block states will be committed to Ethereum as part of the Movement’s Fast Finality Settlement.
  • Canonical Movement bridge via LayerZero

“With Public Mainnet Beta, developers can now deploy smart contracts without approval, and users can freely engage with the Movement ecosystem. This marks the beginning of a new chapter for Move-based technology, combining robust security and better performance with Ethereum‘s network affects” added Rushi Manche, Co-Founder, Movement Labs.

The launch features the canonical Movement bridge powered by LayerZero, enabling users to seamlessly transfer MOVE (the network’s native gas token), USDT, USDC, wBTC, wETH, and more to the Movement chain.

The Movement Network Foundation will continue to launch additional features over time as the ecosystem evolves.

For more information about Movement Public Mainnet Beta, For more information about Movement’s Developer Mainnet, visit movementnetwork.xyz or follow@movementlabsxyz, @movementfdn, @moveecosystem @Move_Collective on Twitter.

About Movement Network Foundation
Movement Network Foundation is the driving force behind the Movement ecosystem, dedicated to fostering innovation and advancing the adoption of MoveVM technology. The foundation oversees the development of Movement Network, a next-gen solution built using MoveVM that settles to Ethereum. Through its MoveDrop program and ecosystem initiatives, the foundation supports developers, projects, and community contributors building decentralized applications. Learn more at movementfdn.xyz or follow @movementfdn on X.

MEDIA CONTACT:
Carmen Pearson
Head of PR & Communications
Movement Labs
Carmen.Pearson@MovementLabs.xyz

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AB is Now Listed on Hotcoin and Set to Launch on Gate, BitMart, Lbank, and Biconomy

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SINGAPORE, March 9, 2025 /PRNewswire/ — On March 8, 2025, AB DAO announced that $AB has officially been listed on Hotcoin (hotcoin.com) at 18:00 (UTC+8), further expanding its global trading network and driving AB’s adoption in the Web3 ecosystem. Additionally, $AB is set to be listed on four more major exchanges: Gate (gate.io), BitMart (bitmart.com), Lbank (lbank.com), and Biconomy (biconomy.com), significantly enhancing AB’s global liquidity and ecosystem reach.

AB Trading Details
Trading Pair: AB/USDT
Deposit Opening: March 7, 2025, 12:00 (UTC+8)
Trading Opening: March 8, 2025, 18:00 (UTC+8)
Hotcoin Official Announcement:
https://www.hotcoin.com/zh_CN/support/article/?id=25704168485425152&code=25704168485163008&catalogCode=19112597563772928 

AB DAO Ecosystem Continues to Expand
With the Hotcoin listing, users can now trade $AB on the following exchanges:
Bitget (bitget.com)
HTX (htx.com)
MEXC (mexc.com)
BingX (bingx.com)
Hotcoin (hotcoin.com)
4E (eeee.com)
Gate (gate.io) (Coming Soon)
BitMart (bitmart.com) (Coming Soon)
Lbank (lbank.com) (Coming Soon)
Biconomy (biconomy.com) (Coming Soon)
The listing of $AB on Hotcoin marks another major step in AB DAO’s global expansion strategy. In the coming months, AB will continue listing on more exchanges, expanding its ecosystem use cases and accelerating worldwide adoption.

AB DAO’s Goal: 100 Million $AB Holders
Now is the time to join the movement—unite, strengthen the community, and drive the expansion of the AB ecosystem. The mission is clear: onboard tens of millions of users and build a decentralized future together.

Stay Updated with AB DAO
Official Website: https://ab.org
Telegram Global Community: https://t.me/Newtonproject
Telegram Chinese Community: http://t.me/ABgonglian
Telegram English Channel: https://t.me/AB202528
X (Twitter): https://x.com/ABDAO_Global
Discord: https://discord.gg/BSbgK6J

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Apollo Group TV Expands Payment Options Making Premium Streaming More Accessible In 2025

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LIVERPOOL, England, March 7, 2025 /PRNewswire/ – In a strategic partnership, Apollo Group TV is making premium streaming more accessible by introducing credit card payments for the first time. Previously limited to Bitcoin transactions, this major shift allows more users to enjoy secure, high-quality streaming with greater flexibility. As a leading provider of IPTV services, Apollo Group TV continues to redefine home entertainment with a vast selection of content, cutting-edge streaming technology, and customer-focused innovations.

Apollo TV

Unmatched Variety of Live TV and On-Demand Content

Apollo TV offers an impressive catalog of 24,000+ live channels and 95,000+ Video-on-Demand (VOD) titles, spanning movies, TV series, news, sports, and international programming. With access to premium channels across multiple genres, subscribers can enjoy the best in live television, blockbuster films, and exclusive series all in one place.

Designed to meet the needs of a diverse audience, Apollo Group TV ensures that viewers always have access to the latest Hollywood hits, classic films, trending TV shows, and live sports events without limitations.

Expanding Payment Options: Now Accepting Credit Cards

Through its collaboration with Radium limited, Apollo Group TV has expanded its payment options, now accepting credit cards alongside cryptocurrency payments. This move reflects Apollo TV’s commitment to making its premium IPTV service more accessible to a wider audience.

“With consumer demand for seamless and secure transactions rising, expanding payment methods was a natural step,” said a spokesperson from Radium Solutions, the technology partner supporting this transition. “This collaboration ensures that more users can access Apollo TV’s premium streaming service with ease.”

High-Definition Streaming with Advanced Technology

Apollo Group TV delivers an unparalleled viewing experience, offering crystal-clear HD and 4K resolution for a cinematic feel at home. The platform utilizes anti-freeze technology to eliminate buffering, ensuring smooth and uninterrupted playback.

With a 99.9% uptime guarantee, Apollo TV users can rely on a stable, high-performance streaming service at any time—whether watching live TV, sports, or on-demand content.

Seamless User Experience & Smart Device Compatibility

Apollo TV enhances navigation with an Electronic Program Guide (EPG) TV Guide, making it easy to browse and manage content. The intuitive interface allows users to switch between channels effortlessly and discover new content.

The platform is compatible with a wide range of devices, including smart TVs, streaming boxes, mobile devices, and tablets, ensuring maximum flexibility for subscribers.

Reliable Customer Support and Lifetime Assistance

Apollo Group TV is dedicated to customer satisfaction, offering 24/7 live chat support to assist with technical issues, account management, and content recommendations.

Through its strategic technology partnership with Radium Solutions, Apollo TV ensures that its platform remains highly secure, accessible, and future-ready, continuously improving the user experience.

Join the Future of Streaming with Apollo Group TV

With its expansive content library, advanced streaming technology, and newly expanded payment options, Apollo Group TV is setting new standards in digital entertainment.

For more details on subscription plans and the latest updates, visit ApolloTVsGroup.com.

About Apollo Group TV

Apollo Group TV is a leading IPTV streaming service, providing access to thousands of live TV channels, movies, and series in high-definition quality. With a commitment to innovation, top-tier customer support, and a seamless viewing experience, Apollo Group TV continues to revolutionize premium home entertainment.

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Elliptic Data used by US Secret Service in Investigation into $96 Billion Russian Crypto Exchange Garantex

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Proprietary data and Intelligence from Elliptic allowed authorities to uncloak Garantex’s crypto activity and identify their wallets, enabling asset freezing.

Washington, March 7, 2025 /PRNewswire/ — Elliptic, the global leader in blockchain analytics today announces its assistance to the United States Secret Service in their investigation into Garantex, the sanctioned Russian cryptocurrency exchange. Elliptic’s unique data and intelligence have provided vital insights that contributed to the takedown of Garantex and the freezing of assets, announced today.

Garantex deployed sophisticated cloaking techniques to mask its cryptocurrency wallet infrastructure, and evade the sanctions imposed on it by the U.S. Treasury and the European Union. To counter this, Elliptic applied its industry-leading blockchain analytics capabilities, to shed light on the rogue exchange’s complex and ever-changing activity. This involved detailed analysis to understand Garantex’s obfuscation techniques, and the development of new heuristics to flag Garantex’s wallets.

Elliptic’s data reveals that Garantex has engaged in transactions totaling more than $60 billion since sanctions were imposed on it in April 2022. It has laundered cryptocurrency from ransomware gangs, darknet markets and North Korean crypto heists. The exchange has also been implicated in laundering and moving funds for Russian elites, many of whom are themselves sanctioned.

An Elliptic spokesperson said “We have been working for nearly two years to disentangle Garantex’s evolving sanctions-evasion tactics. This has fed into our real-time screening solutions, protecting Elliptic’s customers as well as providing critical insights to investigators.” “The recent $1.5 billion Bybit theft illustrates the role that rogue crypto exchanges play in laundering proceeds of crime and enabling nefarious regimes. Today’s events demonstrate that these bad actors can be overcome.”

More information about Garantex is available here: https://www.elliptic.co/blog/elliptic-in-action-garantex.

ABOUT ELLIPTIC

Elliptic is the global leader in blockchain analytics. We power the intelligence that enables financial institutions, crypto businesses and governments to make faster, smarter and safer decisions.

Our unrivalled blockchain coverage provides market leading transaction volumes, configurability, scalability and a best in class holistic ecosystem. Our data superiority is why the world’s leading institutions choose Elliptic to help them manage risk and investigate crime.

Elliptic is recognized as a WEF Technology Pioneer and backed by investors including J.P. Morgan, Wells Fargo Strategic Capital, SBI Group and Santander Innoventures.

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

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CoolWallet Strengthens Security with Enhanced Transaction Confirmation

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TAIPEI, March 7, 2025 /PRNewswire/ — Recent cyberattacks targeting multisig wallets have highlighted critical security gaps. Hackers have exploited transaction manipulation techniques, deceiving users into approving unauthorized transfers, leading to substantial asset losses. These incidents emphasize the urgent need for robust transaction verification mechanisms.

To address this, CoolWallet by CoolBitX has introduced Transaction Confirmation Simulation, a new feature available for CoolWallet Pro, CoolWallet S, and CoolWallet HOT users. This function enables users to preview full on-chain asset movements before signing a transaction, reducing risks associated with fraudulent transactions.

Key Benefits of CoolWallet’s Transaction Confirmation

  • Full Asset Movement Preview – Simulates and displays actual outgoing amounts and receiving addresses before signing, ensuring accuracy.
  • Anomaly Detection – Identifies discrepancies between expected and actual transactions, alerting users to potential threats.
  • Real-Time Alerts – Sends notifications for suspicious activity before users finalize approvals.

This enhancement significantly reduces the risks associated with blind signing. Hackers often manipulate smart contracts or user interfaces to trick signers into unknowingly authorizing malicious transactions. With CoolWallet’s improved transaction preview, users can thoroughly verify details before confirming, ensuring secure asset management.

Smart Scan Technology: An Additional Security Layer

Beyond transaction verification, CoolWallet has integrated Smart Scan technology in partnership with Blockaid to further strengthen security:

  • Detects phishing attempts and malicious smart contracts in real time.
  • Analyzes transaction risks and provides immediate alerts on potential threats.
  • Seamlessly integrates with DeFi and Web3 applications for enhanced protection.

Strengthening Blockchain Security Standards

While these security upgrades provide advanced protection, users must also adopt strong security habits. CoolWallet recommends:

  • Using a hardware wallet for storing high-value crypto assets.
  • Enabling multi-factor authentication (MFA) to secure exchange accounts.
  • Keeping security tools updated and staying informed about emerging threats.

About CoolWallet

CoolWallet is a leading provider of crypto hardware wallets, offering secure and user-friendly digital asset management solutions. Its product lineup, including CoolWallet Pro, CoolWallet S, and CoolWallet HOT, supports multiple cryptocurrencies and integrates seamlessly with DeFi and Web3 ecosystems.

Official Website: coolwallet.io
X (Twitter): coolwallet

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SOL ARENA USHERS IN A NEW ERA OF CASUAL GAMING AND CRYPTO WAGERING ON SOLANA, WITH $CHILL TOKEN LAUNCHING SOON

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  • SOL Arena, the Web3 multiplayer battle game developed by Chillchat ,will launch its $CHILL token at end-March 2025, following its sold-out Challengers NFT mint on Magic Eden on February 6, 2025.
  • Delivering a fresh take on snake-like gameplay on the Solana blockchain, SOL Arena has attracted 80,000+ global players since its Open Beta launch in September 2024.
  • Backed by Solana Ventures, Crypto.com Capital, and Big Brain Holdings, Chillchat aims to pioneer innovation in Web3 gaming by marrying casual gameplay with high-stakes crypto wagering in massive real-time battles.

BANGKOK, March 6, 2025 /PRNewswire/ — SOL Arena, a high-stake multiplayer battle game powered by Solana and now live in Open Beta, will launch its $CHILL token at end-March 2025, which will allow players to wager $CHILL in real-time crypto battles, or stake for in-game and ecosystem rewards. After welcoming more than 80,000 players worldwide since its Open Beta began on September 20, 2024, SOL Arena’s highly anticipated $CHILL token launch follows a sold-out Challengers NFT mint on Magic Eden last month.

SOL Arena, the Web3 multiplayer battle game developed by Chillchat Games, will launch its $CHILL token at end-March 2025.

Developed by Chillchat, a Bangkok-based Web3 gaming studio, SOL Arena unites casual snake-style gameplay with massive real-time battles and large-scale crypto wagering. By pairing the simplicity of casual gaming with the thrill of real crypto stakes, SOL Arena delivers a fresh take on Web3 gaming on Solana — appealing to both casual gamers and competitive enthusiasts.

To support its continued growth and development, Chillchat previously secured US$8.69M in seed funding, led by Solana Ventures, Crypto.com Capital, and Big Brain Holdings. Matt Beck, Head of Investments at Solana Ventures said: “SOL Arena is introducing a new way to engage with crypto gaming — where every match matters because there’s something real at stake. This is exactly the kind of innovation that will drive Web3 gaming forward.”

SOL Big Brain of Big Brain Holdings said: “I’m hyped to see how SOL Arena evolves over time. Its approach to merging casual gaming with real-time wagering is already making waves in the Solana community.”

A New Era of Web3 Gaming: Real-Time Crypto Wagering at Scale
SOL Arena merges the simplicity of popular multiplayer snake games with intense extraction gameplay, allowing up to 50 players to compete in real-time battles to collect noCHILL, outmaneuver opponents, and strategically withdraw their winnings. The upcoming High Roller Mode will introduce crypto wagering with $CHILL, raising the stakes for both casual players and high-level competitors. SOL Arena integrates the dynamic, community-driven Solana ecosystem directly into the game, where memecoin projects, NFT communities, and token holders unite under shared teams.

“Our vision is to merge casual gaming with degenerate memecoin activity and crypto network effects,” said James Au, CEO and Game Director of Chillchat, “to deliver an exciting new player experience that redefines the thrill of ‘winning’.”

What’s Next? Token Launch and Mobile Play
Following the Challengers NFT mint in February 2025, SOL Arena’s next significant milestone is the launch of its ecosystem token, $CHILL, at the end of March.

The $CHILL token fuels SOL Arena’s in-game economy, allowing players to wager it in High Roller mode, or stake it to earn in-game rewards. Players can qualify for a $CHILL airdrop by playing the game and extracting noCHILL, or by holding Chillchat Origin or SOL Arena Challengers’ NFTs.

The official launch of the SOL Arena game, which will introduce new features such as Seasons, will include mobile versions for both iOS and Android available in mid-2025.

Join the SOL Arena Battles Now
SOL Arena is free to play now at solarena.io. Jump in, collect and extract noCHILL, and start climbing the leaderboards to secure your spot in the upcoming $CHILL airdrop.

For more on SOL Arena:
Website
Discord
X (Twitter)
Telegram

About Chillchat
Chillchat is a Bangkok-based Web3 gaming studio dedicated to creating fun, accessible, and innovative blockchain-powered experiences. SOL Arena is the studio’s flagship title, merging traditional gaming fundamentals with real crypto stakes, all secured by Solana’s lightning-fast network. With an aim to pioneer the next generation of Web3 gaming, Chillchat invests in bold ideas that blend community engagement, financial incentives, and immersive gameplay.

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Cision View original content:https://www.prnewswire.co.uk/news-releases/sol-arena-ushers-in-a-new-era-of-casual-gaming-and-crypto-wagering-on-solana-with-chill-token-launching-soon-302389851.html

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