Crypto Intelligence

Dubai, UAE, June 27th, 2025, Chainwire

Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has launched an exclusive limited-time event empowering users to buy crypto with over 25 local fiat currencies — bringing seamless access to digital assets to a broader global audience.

With just a few clicks, users can now purchase USDT, BTC, ETH, and more directly with their credit cards, while benefiting from real-time currency conversion and cashback of up to 10 USDT.

To further sweeten the deal, new users making their first transaction in a newly accepted currency will also receive an additional 5 USDT bonus, stackable with the cashback reward.

The supported local currencies include: PKR, ETB, ARS, LKR, RWF, AOA, KGS, MAD, AMD, TJS, ZMW, TZS, MZN, TMT, JOD, MWK, PYG, BTN, BHD, MVR, HNL, MGA, GTQ, CRC, and UYU.

This initiative shows Bybit’s goal to make crypto accessible everywhere. By making it easier to convert local currencies into crypto, more people can join the Web3 space with ease and confidence.

To participate, users simply need to visit the “One-Click Buy” page on Bybit’s platform, select their desired digital asset and payment currency, and link a Visa or Mastercard. Eligible participants must have completed Level 1 Individual Identity Verification or Business Verification.

Users should note that this offer is not available to customers in the European Economic Area. Full terms and conditions apply.

#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

Contact

Head of PR
Tony Au
Bybit
media@bybit.com

Victoria, Seychelles, June 27th, 2025, Chainwire

Leading global crypto exchange BYDFi will participate in Seoul Meta Week 2025: METACON (SMW2025), taking place from June 26–27 at the 3rd floor Auditorium of COEX, Seoul. BYDFi is 2025 Partner of SMW, with Samsung, Google, Intel, Spotify, Kakao, and GitHub also listed in this year’s lineup.

BYDFi’s Presence at SMW2025: METACON

As one of SMW2025’s official 2025 Partners, BYDFi’s participation reflects its broader commitment to supporting innovation and collaboration in the evolving Web3 and digital finance ecosystem.

Visitors can meet the BYDFi team at Booth #11 to collect the latest exclusive merchandise, released specially for attendees at SMW2025. Throughout the event, the booth has consistently attracted high foot traffic, with attendees lining up to interact with the team and claim limited-edition items.

Michael, Co-founder and CEO of BYDFi, commented: “Seoul Meta Week brings together the brightest minds in AI and Web3. This event provides a venue to share our latest innovations and connect with forward-thinking builders and traders from across the region.”

Advancing Compliance Strategy Alongside SMW2025 Participation

To further support the compliance process, BYDFi has joined South Korea’s CODE VASP Alliance. The partnership includes full integration with a Travel Rule compliance solution. BYDFi has moved in step with strict regulations set by South Korea under the Act on Reporting and Using Specific Financial Transaction Information. This enhances the safety and transparency of cross-platform asset transfers and reinforces BYDFi’s position as a secure and compliant trading platform.

BYDFi aims to contribute to a more unified global compliance framework, helping raise industry standards and build lasting confidence among users worldwide.

Reaffirming BYDFi’s Dual-Engine Strategy Amid SMW2025 Context

In April 2025, BYDFi officially launched MoonX—its Web3 on-chain trading tool—at Paris Blockchain Week. Designed to power the next generation of decentralized trading, MoonX integrates with Solana and BNB Chain and offers real-time data, Smart Money tracking, Copy Trading, and other essential tools tailored for MemeCoin traders. This launch marked BYDFi’s transition into the CEX + DEX dual-engine era.

At Seoul Meta Week 2025, BYDFi highlights how this strategic shift supports the industry’s transition toward more integrated and adaptive trading infrastructures in Web3. By combining the speed and liquidity of centralized exchanges with the transparency and discovery capabilities of decentralized tools, BYDFi delivers a seamless, flexible trading experience, empowering global traders to engage confidently with the future of digital assets.

About BYDFi

Founded in 2020, BYDFi now serves a community of 1,000,000+ users across more than 190 countries and regions. Recognized by Forbes as one of the Best Crypto Exchanges & Apps for Beginners of 2025, BYDFi offers a full range of trading services—from spot and perpetual contracts to copy trading, automated bots, and on-chain tools—empowering both new and seasoned traders to explore the digital asset space with confidence.

BYDFi is dedicated to delivering a world-class crypto trading experience for every user.

BUIDL Your Dream Finance.

• Website: https://www.bydfi.com

• Support email: cs@bydfi.com

• Business partnerships: bd@bydfi.com

• Media inquiries: media@bydfi.com

Twitter( X ) | LinkedIn | Telegram | YouTube | How to Buy on BYDFi

Contact

Media Manager
Anna
BYDFi Fintech LTD
annachloe@bydfi.com

Panama City, Panama, June 26th, 2025, Chainwire

Deribit, the world’s premier Bitcoin and Ethereum options ecosystem, in collaboration with SignalPlus, a crypto options and analytics dashboard, is excited to announce the launch of the Summer Trading Competition 2025 – The Summer Chase.

“The Summer Chase 2025” is a five-week trading contest offering a total prize pool of over $300,000 in USDC, with additional prizes including a Tesla, a Rolex, a Hawaii vacation, and more. From leaderboard battles to referral contests and daily reward events, the campaign aims to bring together a combination of skill, strategy, and summer fun for traders around the world.

Competition Details:

• Total Prize Pool: Over $300,000 USDC and equivalent
• Competition Dates: June 26 – July 31, 2025
• Eligibility: Open to Deribit retail traders trading via SignalPlus
• Registration Link: https://t.signalplus.com/deribitsummerchase

Incentives:

• Users who register by June 30th will receive 3 free Deribit options.
• By referring a friend, users can win a Rolex.
• By inviting a trader, users will have a chance to win a Tesla.

Luuk Strijers, Chief Executive Officer at Deribit, shared: “We’re excited to launch the third edition of our Options Competition in partnership with SignalPlus. Following last year’s massive success and incredible momentum, we knew we had to take things to the next level. This year, we’re raising the stakes with bigger rewards, fresh challenges, and even more opportunities for traders to showcase their skills.”

Chris Yu, Co-Founder of SignalPlus, added: “We’re proud to partner with Deribit to welcome traders into the next exciting iteration of our summer trading competition. At SignalPlus, we are firm believers of crypto options being at the forefront of the next innovation wave, granting users ever expanding control of their digital asset portfolios. Together with Deribit’s leading platform, we’re delivering an experience that rewards skill, fosters learning, and energizes derivatives trading for the betterment of the community. As with our past collaboration successes, we are excited to see what this round of seasoned professionals and newcomers will achieve in the hot summer months, and look forward to interacting with all participants in the very near future.”

Competition Highlights:

• Attractive Prize Pool: Compete on both individual and team leaderboards for a chance to win USDC cash rewards and additional prizes. From Tesla to Rolex to Hawaii travel to physical gold, ‘The Summer Chase’ should have something in store for everyone!
• Palm Throne Tournament: Climb the rankings each week by trading options and futures on Deribit with SignalPlus. Top traders earn weekly rewards with a twist – 1st place & odd-numbered rankers will receive bonus rewards!
• Island League Showdown – Team Competition: Team up and compete to win up to 1,000 USDC weekly, with 20% going to team leaders. All team members must meet the individual minimum trading volume for overall qualification.
• Big Referral Prizes: Invite and refer top-performing traders to the competition for a chance to win a Tesla or the equivalent of 30,000 in USDC.Upsize your referral bonuses by inviting additional registered users to earn up to 3,500 USDC, as well as jackpot prizes including a Rolex Submariner, Skydive Dubai entry, F1 Grand Prix tickets, and more.
• Participation Rewards & Daily Lucky Draws: Activity-based rewards will be granted to participants for making your 1st trade, social media contests, weekend boosts, and other challenges. Earn participation rewards without worrying about your rankings! Furthermore, daily events will be held to incentivize active traders with guaranteed USDC awards, while qualified teams will have a chance to win a trip to Hawaii through regular lucky draws.
• Cassette Rewards & Symbol Game: Daily trading activity unlocks cassette tokens for guaranteed and limited USDC rewards. Special symbol-based mechanics offer the chance to win a Hawaii trip and extra bonuses for teams.
• Lifestyle Prizes: From designer sunglasses and Apple Watches to travel giveaways and high-end electronics, The Summer Chase offers something for everyone.
• Learning & Engagement: Traders will have the opportunity to upskill their trading knowledge through weekly engagement events, prediction challenges, and social activities. Learn while you earn!

The Summer Chase invites participants into a dynamic trading competition that combines strategic trading with seasonal celebration. With every trade, contenders edge closer to exclusive summer rewards. The event begins today.

About Deribit

Deribit is a centralized, institutional-grade provider of crypto derivatives ecosystem, specializing in Bitcoin and Ethereum options and futures. With state-of-the-art infrastructure, Deribit offers instantaneous price discovery, low-latency execution, advanced risk mitigation tools, and deep liquidity through a network of top-tier market makers. Deribit facilitates the majority of global crypto options volume and upholds rigorous proof-of-reserves practices to maintain the highest standards of integrity and transparency.

About SignalPlus

SignalPlus delivers a comprehensive options trading suite tailored for crypto derivatives traders. Access an advanced suite of tools to perform delta hedging, risk analysis, P&L attribution, and multi-leg execution with minimal slippage via our dashboard. Tap into exchange liquidity via listed order books or bilateral block-trade requests with institutional counterparties. Users can manage portfolio risk through an integrated suite of scenario-based risk simulations, supported by automated hedging functions and real-time Telegram alerts to help monitor exposures.

Disclaimer:

Deribit FZE is licensed by the VARA to provide Virtual Asset Exchange Services and does not accept or service retail clients. DRB Panama Inc. is not regulated and services both retail and non-retail clients. Virtual Assets are subject to extreme market volatility, involve a high degree of risk, and can lose value, in part or in full. Investing in Virtual Assets may result in you losing your entire investment. Virtual Assets are not insured against potential losses and are not protected by any form of financial protection whatsoever. Participants onboarded as clients under Deribit FZE (Qualified Investors) are eligible to win up to 5,000 USD in total throughout the competition period. They are not eligible for high-value rewards such as the Tesla or Rolex prizes. Clients registered via DRB Panama Inc. are eligible for the full prize pool, including the Tesla, Rolex, and all other promotional rewards.

Contact

Sidrah Fariq
Head of Retail Sales
Deribit
sidrah@deribit.com

PANAMA CITY, June 20, 2025 /PRNewswire/ — Flipster, a global cryptocurrency trading platform, has partnered with the Aptos Foundation to accelerate stablecoin adoption and enhance multichain capital access worldwide — empowering traders with faster, more accessible, and more flexible ways to participate in global blockchain ecosystems and seize market opportunities across different chains.

As a key milestone of this partnership, Flipster now supports USDT deposits and withdrawals via the Aptos network. This integration adds another high-speed, low-friction option for stablecoin transfers on Flipster, giving users greater mobility across networks. It also enables seamless access to the Aptos ecosystem and participation in Aptos-based protocols.

“Aptos was purpose-built to power the future of global finance,” said Ash Pampati, Head of Ecosystem at the Aptos Foundation. “Through Flipster’s integration of USDT on Aptos, we’re unlocking new levels of access, speed and opportunities for users around the world, allowing them to engage with decentralized finance in faster, more impactful ways.”

“Stablecoins are how traders stay agile,” said Youngsun Shin, Head of Product and Partnerships at Flipster. “They have become essential infrastructure for modern trading, enabling lower-cost capital movement across ecosystems and unlocking new market efficiencies for global users. With USDT transfers on Aptos now live on Flipster, users gain another high-performance rail to deploy capital swiftly and seamlessly.”

Flipster has also recently listed $APT on its spot market, providing users with direct access to the Aptos token and a new entry point into its growing ecosystem.

To celebrate the partnership, Flipster is introducing a series of limited-time campaigns designed to deepen user engagement with the Aptos ecosystem:

• $30,000 USDT Launchpool (June 19–24): Verified users who stake $APT can earn USDT rewards, with bonus multipliers based on trading volume or VIP tier.
• $20,000 USDT Referral Program (June 19–24): New and existing users can earn up to 10 USDT by inviting friends who complete identity verification.
• New User Bonus (Ongoing): Eligible participants can earn up to 150 USDT by completing onboarding tasks through the Flipster Rewards Hub.

The Flipster-Aptos partnership reflects a shared vision for a more connected and capital-efficient trading ecosystem — where stablecoins play a pivotal role in enabling frictionless access to cross-chain ecosystems, liquidity, and opportunities across global markets.

To learn more or join the campaign, visit https://flipster.io/en/marketing/flipster-aptos-rewards.

About Flipster

Flipster is the zero-friction exchange built for traders who move fast and demand precision. With deep liquidity, ultra-tight spreads, and instant execution, Flipster performs even in fast-moving markets — no lag, no slippage. Every trade is tuned for precision — with zero wasted ticks.

Learn more at flipster.io or follow X.

About Aptos Foundation

Aptos Foundation is dedicated to supporting the development of the Aptos protocol and driving engagement with the Aptos ecosystem. By unlocking a blockchain with seamless usability, Aptos Foundation aims to bring the benefits of decentralization to the masses.

About Aptos

Aptos is a high-performance proof-of-stake layer-one blockchain. Aptos’ breakthrough technology, scalable infrastructure, and user safeguards are designed to power the next generation of financial systems by offering unparalleled high throughput and low latency that can scale to billions of users.

Press

pr@flipster.io

Dubai, UAE, June 20th, 2025, Chainwire

In the rapidly evolving Web3 landscape, Meta Earth is carving a bold path with ME Network 2.0, a modular blockchain ecosystem designed to redefine decentralized economies. Launched on May 19, 2025, at block height 6,624,500, this upgrade marks the Odyssey phase, a pivotal moment of technical breakthroughs and community-driven growth. With a robust suite of technical advancements, generous Airdrop rewards, enhanced ME Pass 3.0 features, and a lineup of high-profile 2025 events, Meta Earth is inviting users worldwide to join its transformative journey. Here’s why ME Network 2.0 marks a pivotal shift—and what it means for those looking to participate.

ME Network 2.0: A Technical Powerhouse

ME Network 2.0 introduces a modular architecture that decouples the execution layer (RollApp), settlement layer (ME-Hub), and data availability layer (ME-DA), delivering unmatched scalability, security, and ecosystem compatibility. This three-layer design enables sovereign Rollup chains to process transactions in parallel with customizable virtual machines (EVM/WASM), slashing storage costs by 98% through data availability sampling (DAS) and 2D erasure coding. The result is skyrocketing throughput, optimized costs, and rapid iteration for decentralized applications (DApps).

The network’s economic model is equally revolutionary. MEC, the native token, unifies all layers, with cross-chain mappings (MEC-CI for RollApp gas fees and governance, MEC-DA for the data layer) replacing native tokens to create a closed value loop. Users pay only local RollApp gas fees, while Sequencers handle cross-layer costs, streamlining transactions. The decentralized Sequencer network, powered by CometBFT consensus, enhances security with slashing mechanisms for malicious nodes, fraud proofs, and zero-knowledge proof (ZKP) compression via the Groth16 algorithm, cutting gas costs by 90%. A Watch Relayer monitors anomalies in real time, ensuring robust protection.

Cross-chain communication is another standout feature. The Multi-Blockchain Communication (MBC) protocol addresses Optimistic Rollup pain points, enabling instant withdrawals through market maker prepayments and incentivizing fraud detection. EVM compatibility, via Ethermint integration, supports Solidity 0.6.0–0.8.17 and tools like MetaMask, while dual EVM/WASM virtual machines bridge Ethereum and Cosmos ecosystems. A DID-based identity system stores only certificate hashes on-chain, encrypting private data off-chain for privacy and enabling cross-chain verification.

Additional improvements include dynamic gas pricing to counter Sybil attacks, optimized relayers for trustless communication, and enhanced security requiring two-thirds honest nodes. The ME-DA layer’s initial validator nodes, staked with 552,900 MEC from regional treasuries (India, China, ME_EARTH, USA), underscore community-driven governance, with future allocations guided by transparent DAO proposals. These advancements position ME Network 2.0 as a scalable, secure foundation for the next generation of Web3 applications.

Airdrop Rewards: Embarking on the Odyssey

ME Network 2.0 Odyssey isn’t just about technology—it’s about empowering users. Meta Earth’s Airdrop reward system, accessible via ME Pass, offers six ways to earn MEC, catering to both novices and veterans:

• Unconditional Basic Income (UBI): Users who complete KYC for their ME ID receive 1 permanently staked MEC, yielding daily passive income at 12.5% APY. Verification must be completed in ME Pass to begin earning.
• Daily Check-In Rewards: Users can check in daily to earn MEC—starting at 0.0001 MEC (gas-free for the first check-in), increasing by 0.0001 MEC/day to a cap of 0.003 MEC/day (30x). Missed check-ins can be made up within 7 days for a small fee.
• Staking Rewards: MEC can be staked in ME Pass’s “Assets” section, with a 360-day lock offering up to 25% APY. Flexible lock periods are also available for tailored returns.
• Community Rewards: Joining any Meta Earth node community for a one-time 0.01 MEC reward, enabling users to integrate into the broader ecosystem.
• Referral Rewards: By sharing a ME Pass invite link, users earn 0.1 MEC per new user who completes KYC.
• Monthly Airdrop: ME ID holders automatically receive 0.01 MEC monthly, deposited directly into their ME Pass wallet.

These rewards make participation rewarding and inclusive, encouraging users to grow their MEC holdings while fueling ecosystem expansion.

ME Pass 3.0: The Gateway to Web3

ME Pass 3.0, the cornerstone of user interaction, has been revamped to enhance the Web3 experience. Its sleek new UI offers seamless navigation, while bolstered security features, including multi-factor authentication and passkey setup, protect users’ assets. Users can now manage NFTs—displaying, transferring, and browsing collections—directly in the app. Cross-chain transactions between the ME-Hub and RollApps streamline asset movement, and a new “Explore” section introduces ME Mini-Programs and an app marketplace for richer content discovery. Community features like real-time messaging, large group chats, and end-to-end encryption foster engagement, making ME Pass 3.0 a powerful tool for Web3 exploration.

2025: Discovering Meta Earth Offline

Meta Earth is taking its vision global with a series of high-profile offline events in 2025, offering opportunities to connect with the community and explore ME Network 2.0 firsthand:

• Istanbul Blockchain Week (June): Attendees can join the event in Turkey for insights into Web3 innovation.
• WebX Asia 2025, Tokyo, Japan (August): Participants will have the opportunity to explore Meta Earth’s latest advancements in Asia’s leading crypto hub.
• TOKEN2049, Singapore (October): A premier gathering to connect with global Web3 leaders and explore emerging trends in the space.

These events will feature demos, workshops, and networking, showcasing Meta Earth’s technology and rewarding opportunities. Stay tuned for details on how to participate.

About Meta Earth

ME Network 2.0’s technical prowess—modular scalability, cost efficiency, and cross-chain interoperability—sets a new standard for decentralized networks. Coupled with inclusive Airdrop rewards and an intuitive ME Pass 3.0, Meta Earth is democratizing Web3 access. As MEC demand grows with ecosystem expansion, its deflationary model and diverse use cases (staking, fees, storage) promise long-term value appreciation.

To Get Involved Today: Users can download the ME Pass, complete KYC to unlock rewards, and join the Meta Earth community for updates. Users and welcome to join their 2025 events to experience the future of Web3 firsthand. With Meta Earth, it’s ME, My Way!

Stay Connected with Meta Earth

Users can stay updated on Meta Earth’s official social media and communities for the latest information:

Website｜X｜Telegram ｜Discord｜ Instagram｜ Youtube ｜TikTok｜ Linkedin

Contact

BD Manager
Penny
Meta Earth
bd@mec.me

Berlin, Germany, June 18th, 2025, Chainwire

BitVault, a DeFi protocol aiming to redefine Bitcoin’s role in stablecoin infrastructure, has announced the close of a $2 million pre-seed round. Strategic investors include GSR, Gemini, Auros, and Keyrock, among others—joining BitVault in building what it calls the “next era of BTC-backed money”: an institutionally-aligned alternative to fiat-pegged stablecoins.

The raise supports the launch of bvUSD, BitVault’s overcollateralized stablecoin backed by Bitcoin derivatives, and sbvUSD, its yield-bearing variant powered by institutional trading strategies by GSR.

BitVault will serve as a core stablecoin protocol on Katana, a new DeFi-first chain incubated by Polygon Labs and GSR prioritizing deep liquidity and user rewards, leveraging a licensed fork of Liquity V2 to enable permissioned borrowing, user-set interest rates, and automated liquidation infrastructure.

“Bitcoin was built for moments of fracture. BitVault was built to make it usable,” said Michael Kisselgof, Core Contributor of BitVault and VaultCraft. “We specifically onboarded GSR, Auros, and Keyrock as strategic investors that can also execute high yielding, non-directional strategies to create demand and deep liquidity for BTC-backed money.”

Stablecoins at an Inflection Point

BitVault arrives amid rising demand for crypto-native stability in a fragmented global monetary environment. Unlike fiat-backed stablecoins like USDC or algorithmic options like Ethena’s USDe, bvUSD is collateralized by BTC derivatives.

Only whitelisted institutional borrowers can mint bvUSD in bulk, while anyone can mint bvUSD using stablecoins—mitigating risks associated with overleveraged or anonymous borrowing. DeFi users can earn yield by staking bvUSD into sbvUSD, which leverages delta-neutral and arbitrage strategies managed by GSR, a globally recognized crypto investment firm specializing in market making, OTC trading, and options..

“We’re seeing growing interest in BTC-backed stablecoins, especially those designed to integrate seamlessly into DeFi ecosystems,” said Alain Kunz, Director from GSR, who participated in the round. “BitVault’s approach with experience in institutional-grade yield strategies positions it well for success. We’re particularly excited about its deployment on Katana, a DeFi centric chain we helped incubate. BitVault adds to Katana’s evolving ecosystem by introducing a new layer of stablecoin utility, enabling BTC to take on a more productive role within Katana’s high-yield DeFi stack.”

From Liquity to Katana

BitVault is a friendly fork of Liquity V2, re-engineered for institutional use under a licensed deployment agreement with Liquity AG. The protocol blends automated, governance-free mechanisms with a permissioned borrowing layer, offering stability while retaining core DeFi primitives like direct redemption and composable yield strategies.

Its upcoming VCRAFT token will govern future protocol parameters and serve as a rewards mechanism for stability providers and liquidity contributors.

The launch on Katana, incubated by Polygon Labs and GSR, positions BitVault at the heart of an emerging liquidity and settlement network across the EVM chain. Initial integrations include Vault infrastructure, Morpho money markets, Sushi AMMs, and a multichain “Bits” points campaign tied to VCRAFT distribution.

What’s Next

BitVault is scheduled for mainnet deployment on Katana in June 2025, with broader integrations across DeFi ecosystems and centralized liquidity venues in the works. The team plans to expand its stablecoin suite to support additional BTC-based collateral assets and is actively onboarding institutional borrowers.

About BitVault

BitVault is a DeFi protocol that offers a crypto-native solution for money through its BTC-backed stablecoin, bvUSD, and a yield-bearing staked stablecoin, sbvUSD. The protocol is designed to provide an institutional-grade, capital-efficient stablecoin with user-set interest rates, multi-collateral backing, and enhanced liquidity mechanisms.

For media inquiries or partnership information:

press@bitvault.finance

bitvault.finance

docs.bitvault.finance

@BitVaultFinance

Contact

BitVault Team
BitVault.Finance
info@bitvault.finance

New York, USA, June 18th, 2025, Chainwire

TAC, a purpose-built blockchain for EVM dApps to access TON and Telegram ecosystem, has raised a total of $11.5 million across its seed and strategic rounds. The newly closed $5 million strategic round, led by Hack VC, reinforces institutional belief in TAC’s mission to enhance blockchain functionality inside Telegram, the most user-rich environment in crypto.

“At Hack VC, we invest in teams building the future of the internet,” said Ed Roman, Managing Partner at Hack VC. “TAC is an exceptional team with a deep understanding of infrastructure and growth backed by years of experience building in the space. Leading this strategic round reflects our conviction in TAC’s ability to shape how Ethereum dApps reach global users through Telegram and TON.”

TAC is nearing its mainnet launch, now underway in a phased rollout. In the current DevMainnet phase, blue-chip DeFi protocols like Curve, Morpho, and Euler are already deploying, with over 20 leading applications preparing for Mainnet integration. This early traction ensures that once TAC goes live publicly, the ecosystem will launch with deep liquidity, proven DeFi primitives, and immediate user utility inside Telegram.

“TAC is committed to giving EVM developers the tools and reach to deploy their applications into Telegram’s billion-user ecosystem,” said Pavel Altukhov, Co-Founder and CEO of TAC. “This strategic round accelerates our mission to bring Ethereum applications to everyday users and lays the groundwork for the next wave of TON-native consumer apps.”

TAC’s pre-mainnet liquidity bootstrapping campaign, The Summoning, has drawn significant interest from leading funds, liquidity providers, and infrastructure players across the industry. With over $700M in total value locked (TVL) secured ahead of public Mainnet launch, this institutional-grade backing reflects deep confidence in TAC’s role as a DeFi layer for TON. Crucially, this liquidity will power core DeFi applications from day one, enabling real yield and market functionality at launch

“Going live on Telegram and TON via TAC can allow Curve to reach the new audience who aren’t yet on DeFi,” said Michael Egorov, Founder of Curve. “TAC chose a great approach of bringing battle-tested EVM applications there. We are happy to be one of the first to deploy and bring Curve to these new users”

Curve, Morpho, and Euler have already built dedicated Telegram Mini Apps (TMAs), making their products natively accessible in Telegram. In parallel, popular consumer TMAs are beginning to integrate DeFi functionality on the backend, distributing yield and financial tools to non-crypto users. TAC sees this convergence within the superapp Telegram as the path to mass adoption.

About TAC

TAC is a purpose-built blockchain for EVM dApps to access TON and Telegram Ecosystem’s 1B+ user base. TAC makes it seamless for Ethereum dApps to be deployed on TON. EVM functionality and liquidity brought to the TON ecosystem enable builders to focus on consumer use cases.

Website | X | Discord | Telegram | Linkedin

Contact

PR
CC Chen
TAC
marketing@tac.build

NEW YORK, June 3, 2025 /PRNewswire/ — Monarq Asset Management (“Monarq”), a leading multi-strategy investment firm, formerly known as MNNC Group, today announced a strategic investment from FalconX, a leading institutional digital asset prime broker. The investment will accelerate Monarq’s growth as it scales its team, product offerings, and institutional client base.

With a track record dating back to 2017 and experience navigating multiple market cycles, Monarq is led by alumni from prestigious firms like LedgerPrime, Tower Research, and BlockTower. The firm deploys quantitative, delta-neutral, and directional strategies across both centralized and decentralized venues, focused on delivering consistent, risk-adjusted returns in all market conditions.

“We are pleased to welcome FalconX as a strategic investor,” said Shiliang Tang, CEO and Managing Partner of Monarq. “With FalconX’s strategic support, we are well positioned to scale our proprietary quantitative models, grow our team of portfolio managers and technologists, and bring institutional-grade asset management to a broader set of investors.”

The investment strengthens FalconX’s ability to serve clients seeking actively managed digital asset strategies and further diversifies its business lines.

“We saw a rare combination of quantitative finance and derivatives expertise in Monarq, grounded in the infrastructure and risk discipline expected of top-tier institutional managers,” said Raghu Yarlagadda, Co-Founder and CEO of FalconX. “As institutional capital allocates more meaningfully into digital assets, the search for differentiated, risk-adjusted returns is intensifying — and we believe institutions will increasingly turn to actively managed platforms as the asset class continues to mature.”

The investment comes amid a period of significant growth in the alternative investment space, with increasing allocation from institutional investors, family offices, and high-net-worth individuals seeking diversified returns in a complex market environment.

About Monarq Asset Management
Monarq Asset Management, formerly MNNC Group, is a multi-strategy digital asset investment manager focused on generating consistent, risk-adjusted returns through all market conditions. Managed by former executives from firms such as LedgerPrime, Tower Research, and BlockTower Capital, the team offers extensive experience in quantitative trading, volatility strategies, and digital market structure.

Leveraging a foundation of delta-neutral and directional strategies, Monarq utilizes a disciplined, data-centric investment approach spanning centralized and decentralized markets. By integrating institutional-grade financial rigor with native blockchain infrastructure, the firm is positioned to meet the evolving demands of today’s sophisticated institutional investors.

About FalconX
FalconX is a leading digital asset prime brokerage for the world’s top institutions. We provide comprehensive access to global digital asset liquidity and a full range of trading services. Our 24/7 dedicated team for account, operational and trading needs enables investors to navigate markets around the clock. FalconX Bravo, Inc., a FalconX affiliate, was the first CFTC-registered swap dealer focused on cryptocurrency derivatives.

FalconX is backed by investors including Accel, Adams Street Partners, Altimeter Capital, American Express Ventures, B Capital, GIC, Lightspeed Venture Partners, Sapphire Ventures, Thoma Bravo, Tiger Global Management and Wellington Management. FalconX has offices in Silicon Valley, New York, London, Hong Kong, Bengaluru, Singapore and Valletta. For more information visit falconx.io or follow FalconX on X and LinkedIn. 

“FalconX” is a marketing name for FalconX Limited and its affiliates. Availability of products and services is subject to jurisdictional limitations and FalconX entity capabilities. For more information about which legal entities offer particular products and services, please see the disclosure on our public website, incorporated herein, or reach out to your relationship contact.

Castries, Saint Lucia, June 2nd, 2025, Chainwire

PrimeXBT, a global multi-asset broker, has expanded its regulated offerings with approval from the Financial Sector Conduct Authority (FSCA) in South Africa to provide crypto services. This development strengthens PrimeXBT’s presence in one of Africa’s leading financial markets and supports the company’s broader mission to advance regulated crypto access worldwide.

With this updated licence in place, PrimeXBT is now offering traders a secure and trusted environment to deposit, withdraw, trade, and convert digital assets. South African clients gain access to crypto-funded accounts on MT5, PXTrader, and Crypto Futures, with support for BTC, ETH, USDT, and USDC margin trading, including CFD trading on stocks, indices, forex, crypto and commodities. Traders can also benefit from on-platform tools to instantly exchange crypto to crypto or stablecoins with USD.

“This expansion not only benefits South African traders but also represents our broader commitment to global crypto adoption under trusted regulatory framework,” said Sihle Tuta, Head of Region at PrimeXBT South Africa. “At PrimeXBT, we aim to lead by example, delivering an all-in-one trading experience that prioritises trust, access, and innovation. As one of the few regulated brokers offering both crypto and traditional financial instruments, we bring these markets together through a unified platform built for diverse trading strategies.”

In addition to expanding its trading services, PrimeXBT continues to invest in trader education and financial literacy across the world. The broker offers online learning resources, webinars, and market insights tailored to various levels of trading experience. As part of its global CSR initiatives, PrimeXBT also supports community-focused projects with a strong emphasis on education and skills development.

This addition to PrimeXBT’s regulated operations further strengthens its reputation as a compliant and forward-thinking broker. As demand for regulated crypto access grows, PrimeXBT is well-positioned to serve traders with a platform that blends security, flexibility, and innovative market access.

To learn more, users can visit the PrimeXBT website.

About

PrimeXBT is a global multi-asset broker trusted by over 1,000,000 traders in 150+ countries, offering a next-generation trading experience that bridges traditional and digital finance. Clients can trade CFDs on Stocks, Indices, Commodities and Crypto, as well as Crypto Futures and Forex. PrimeXBT also enables clients to buy and sell cryptocurrencies, store them in secure built-in wallets, and instantly exchange crypto to crypto or fiat to crypto, all within one integrated environment. Since 2018, PrimeXBT has made investing more accessible by lowering barriers to entry and providing secure, easy access to financial markets. This accessibility extends across its native web and mobile platforms, MetaTrader 5, and a variety of funding options in crypto, fiat, and local payment methods. Committed to putting clients first, PrimeXBT empowers traders of all levels with innovative tools and industry-leading conditions, delivering a better way to trade.

Disclaimer: The content provided here is for informational purposes only and is not intended as personal investment advice and does not constitute a solicitation or invitation to engage in any financial transactions, investments, or related activities. Past performance is not a reliable indicator of future results. The financial products offered by the Company are complex and come with a high risk of losing money rapidly due to leverage. These products may not be suitable for all investors. Before engaging, you should consider whether you understand how these leveraged products work and whether you can afford the high risk of losing your money. The Company does not accept clients from the Restricted Jurisdictions as indicated on its website. Some products and services, including MT5, may not be available in your jurisdiction. The applicable legal entity and its respective products and services depend on the client’s country of residence and the entity with which the client has established a contractual relationship during registration.

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PrimeXBT
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