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Bybit Surges to 50 Million Users in 40 Days, Leading Web3 and Global Compliance

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DUBAI, UAE, Sept. 26, 2024 /PRNewswire/ — Bybit, the world’s second-largest crypto exchange by trading volume, is delighted to announce a major milestone as its registered user base surpasses 50 million worldwide. This extraordinary achievement underscores Bybit’s rapid growth and solidifies its position as a preferred platform for millions of crypto enthusiasts and traders globally.

Strengthening Global Compliance

Bybit has made significant strides in strengthening its global compliance efforts. The platform has actively engaged with local authorities in key markets such as Dubai, Netherlands, Turkey, and Kazakhstan, fostering collaborative relationships and ensuring adherence to regulatory standards. These initiatives underscore Bybit’s commitment to operating in a transparent and responsible manner.

Leading the Web3 Revolution

Bybit’s commitment to driving Web3 adoption remains unwavering. The platform’s Web3 team has achieved a remarkable feat, expanding its integration to over 130 million wallet addresses across 30+ chains. This expansion demonstrates Bybit’s dedication to providing users with access to a diverse range of decentralized ecosystems and opportunities. In the upcoming World Series of Trading (WSOT), Bybit’s DEX Wave will feature over 100 partners, including prominent names like Yescoin, Bonk, Catizen, Navi Protocol, Blackcardcoin, and Character X. Traders will have the unique opportunity to explore more than 1 million decentralized tokens, ranging from DeFi projects and GameFi assets to memecoins

Engaging Livestream Events

Bybit has also continued to foster community engagement through its popular livestream events. These interactive sessions offer users valuable insights into trading strategies, market trends, and the evolving crypto landscape. By providing educational content and fostering a sense of community, Bybit has enhanced user experience and driven growth.

Ben Zhou, Co-founder and CEO of Bybit, stated, “Reaching 50 million users represents the trust and enthusiasm of our community. We are grateful for the overwhelming support we have received and remain committed to delivering innovative solutions that enhance our users’ trading experiences. Our Web3 team’s achievements and our ongoing commitment to global compliance demonstrate our dedication to fostering a secure and reliable trading environment.”

Key Highlights:

  • 50 Million Users: Bybit has achieved a significant milestone with over 50 million registered users.
  • Web3 Leadership: Bybit’s Web3 team has integrated with over 130 million wallet addresses across 30+ chains.
  • WSOT 2024: The platform will host the DEX Pro competition, featuring over 100 partners and 1 million+ decentralized tokens.
  • Global Compliance: Bybit has strengthened its compliance efforts in a wide array of markets, including Dubai, Netherlands, Turkey, and Kazakhstan.
  • Engaging Livestreams: Popular livestream events provide valuable insights and foster community engagement.
  • Bybit remains steadfast in its mission to provide a secure, reliable, and user-friendly trading environment while continuously innovating to meet the needs of its vibrant community.

#Bybit /#BybitWeb3 / #Bybit50M

About Bybit

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Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving over 50 million users. Established in 2018, Bybit provides a professional platform where crypto investors and traders can find an ultra-fast matching engine, 24/7 customer service, and multilingual community support. Bybit is a proud partner of Formula One’s reigning Constructors’ and Drivers’ champions: the Oracle Red Bull Racing team.

For more details about Bybit, please visit Bybit Press.

For media inquiries, please contact: [email protected]

For more information, please visit: https://www.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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LiveWell Awarded Frost & Sullivan’s 2024 Global Customer Value Leadership Award for Advancing Equitable and Accessible Mental Health Solutions

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LiveWell’s app integrates cutting-edge artificial intelligence (AI) and machine learning to provide personalized mental and behavioral health support, fostering user engagement across 27 countries and 9 languages.

SAN ANTONIO, Sept. 26, 2024 /PRNewswire/ — Frost & Sullivan recently researched the mental and behavioral health industry and, based on its findings, recognizes LiveWell by Zurich (LiveWell) with the 2024 Global Customer Value Leadership Award.

In their report, Frost & Sullivan state that LiveWell provides world-class digital health and well-being solutions to balance physical, mental, social, and financial health through its user-friendly app. LiveWell offers a wide range of tools that include mood and stress tracking; mental health support; and services offering support on a range of wellness topics. LiveWell is one of many pioneers addressing significant challenges to the mental and behavioral health industry, such as stigma, access, equity, and data privacy.

LiveWell’s commitment to continual innovation is clearly visible through its regular app updates, integrating innovative features that significantly boost user engagement and satisfaction.

“LiveWell continuously enhances its app to ensure optimal performance. With the integration of the Wellness Hub, partners can now seamlessly offer AI-powered Wellbeing Scans, telemedicine, and emotional support services, while showcasing their products and branding,” said Alejandra Parra, Research Analyst at Frost & Sullivan.

LiveWell effectively leverages research and customer feedback to update its solutions and maintain its competitive edge. For instance, the company has just released a premium version of the app, allowing users to purchase tailor-made products and services, providing access to new tools and fully customized features.

Additionally, by consistently prioritizing speed to market and customer needs, LiveWell demonstrates a unique ability to stay ahead of industry trends and respond rapidly to the shifting demands of its ever-growing global user base.

“Frost & Sullivan applauds LiveWell’s capacity to launch technology-integrated products at an impressive speed-to-market, meeting and exceeding customers’ diverse needs,” noted Parra.

Each year, Frost & Sullivan presents this award to the company that demonstrates excellence in implementing strategies that proactively create value for its customers, focusing on improving the return on the investment that customers make in its services or products. The award recognizes LiveWell’s unique focus on augmenting its customers’ value beyond simply good customer service, leading to improved customer retention and customer base expansion.

Frost & Sullivan Best Practices Awards recognize companies in various regional and global markets for demonstrating outstanding achievement and superior performance in leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analyses, and extensive secondary research to identify best practices in the industry.

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About Frost & Sullivan

For six decades, Frost & Sullivan has been world-renowned for its role in helping investors, corporate leaders, and governments navigate economic changes and identify disruptive technologies, Mega Trends, new business models, and companies to action, resulting in a continuous flow of growth opportunities to drive future success.

Contact: Camila Tinajero [email protected]

About LiveWell

LiveWell was founded by Zurich Insurance Group (Zurich) in 2020 with the goal of creating a service-led digital wellbeing solution that helps individuals maintain balance in their physical, mental, social and financial health. Since its inception, LiveWell has introduced its services in more than 27 countries – from Argentina to Australia – and collaborates with global health and wellbeing partners to offer users a wide range of content, challenges, and rewards that foster healthy habits. LiveWell promotes a holistic approach to wellness and understands the importance of maintaining overall health.

LiveWell’s wide range global and regional partners include Polar, Triumph, BODDY, and Philips.

Read about the LiveWell app at https://livewell.zurich.com/ and follow LiveWell on Instagram and LinkedIn.

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HTX DAO Emphasizes Its Focus on the CIS Region for Global Expansion at Crypto Summit 2024

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SINGAPORE, Sept. 26, 2024 /PRNewswire/ — From September 25-26, HTX DAO made a strong impression at Crypto Summit 2024, as an exclusive sponsor of its registration desk and a key partner. This demonstrates HTX DAO’s commitment to expanding its presence in the CIS region, a vital market for the global growth of its ecosystem and showcases its unique decentralized governance model. Through the Summit, the budding ecosystem attracted a broad array of crypto community members, developers, partners, and users, further strengthening its global community and decentralization.

Anton Belyakov, the operations manager for HTX in the CIS region, delivered a keynote speech titled “Towards Crypto Exchange 2.0: How HTX DAO Redefines Exchange Model to Build Active Crypto Community.”

Belyakov emphasized that HTX DAO is an organization that can change how we view centralized exchanges, representing a decentralized exchange through innovative governance and community participation. According to him, HTX DAO empowers its users, partners, and governance committee members to participate in decision-making processes and bolster the exchange to integrate community feedback, innovative solutions, and more — thereby driving rapid product evolution.

Belyakov also revealed that HTX DAO’s governance token, $HTX, has seen its value steadily increase thanks to the platform’s growth and the token burning designed to limit supply. At present, the token is traded on 24 exchanges. Since its launch in early 2024, $9 million worth of $HTX tokens have been burned and $42.5 million liquidity pledges have been received by HTX DAO, demonstrating both a robust foundation and strong potential especially within the CIS region.

Looking ahead, Belyakov noted that $HTX has the potential to lead governance tokens in the crypto space, as HTX DAO continues to set a new standard for community-driven exchanges.

The Crypto Summit, held in Moscow from September 25-26 this year, is a major annual event for cryptocurrency and blockchain sectors in Russia and the CIS. The recent event attracted over 7,000 attendees, 70 speakers, and 70 exhibitors. This year’s discussions focused on the industry’s most concerned topics, including investment opportunities, market trends, and regulatory developments.

HTX DAO highlighted the CIS region as a fertile ground for crypto growth, driven by its technology innovation, active communities, and decentralized ethos. Despite regulatory challenges and global financial pressures, the region remains a high-potential market within the global crypto industry. In August alone, HTX DAO and HTX saw their market share rise to 21.2% in the region. Going forward, HTX DAO plans to continue expanding its businesses in the CIS market, further growing its international footprint.

About HTX DAO

HTX DAO is a blockchain-based decentralized autonomous organization dedicated to revolutionizing decentralized governance and expanding the applications of blockchain technology. Our vision is centered around open finance and a decentralized, tokenized economy. At the core of HTX DAO, governance is democratically and transparently vested in the hands of $HTX token holders. We warmly invite individuals and communities to join our journey, actively participate, and contribute, together shaping an open and innovative future for the blockchain world.

For more information on HTX DAO, please visit www.htxdao.com.

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AIIB’s Global Membership Grows to 110

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SAMARKAND, Uzbekistan, Sept. 26, 2024 /PRNewswire/ — The Asian Infrastructure Investment Bank (AIIB) has grown to 110 approved Members after its Board of Governors voted in support of the application of the Republic of Nauru during the Bank’s 2024 Annual Meeting.

“The addition of Nauru as a regional Member strengthens the AIIB community and supports our collective mission to finance Infrastructure for Tomorrow,” said Jin Liqun, AIIB President and Chair of the Board of Directors. “AIIB is committed to supporting our Members’ sustainable development and together we will work on priority projects within our clearly defined thematic priorities to drive long-term sustainable growth.”

About AIIB

The Asian Infrastructure Investment Bank (AIIB) is a multilateral development bank whose mission is Financing Infrastructure for Tomorrow in Asia and beyond—infrastructure with sustainability at its core. We began operations in Beijing in 2016 and have since grown to 110 approved Members worldwide. We are capitalized at USD100 billion and AAA-rated by the major international credit rating agencies. Collaborating with partners, AIIB meets clients’ needs by unlocking new capital and investing in infrastructure that is green, technology-enabled and promotes regional connectivity.

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