
BYDFi Amplifies Web3 Push at Seoul Meta Week
BYDFi, the Seychelles‑based crypto exchange, confirmed its role as an official partner at Seoul Meta Week 2025: METACON, held on 26–27 June at COEX's third‑floor auditorium, joining industry giants such as Samsung, Google, Intel, Spotify, Kakao and GitHub.
Booth 11 at the event quickly emerged as a high‑traffic hub, drawing crowds eager to engage with BYDFi's team and claim exclusive merchandise designed for attendees. Michael, co‑founder and CEO of BYDFi, praised Seoul Meta Week as 'a venue to share our latest innovations and connect with forward‑thinking builders and traders from across the region'.
In tandem with its showcase, BYDFi announced its membership in South Korea's CODE VASP Alliance. The move incorporates full integration of Travel Rule compliance technology, aligning with the nation's Act on Reporting and Using Specific Financial Transaction Information. The exchange says this step strengthens transparency in cross‑platform asset transfers and positions BYDFi as a more secure and regulation‑aligned platform.
ADVERTISEMENT
According to the company, this initiative forms part of a strategy to build a more unified global compliance framework, elevating industry standards and boosting user confidence.
In April, BYDFi launched MoonX at Paris Blockchain Week: a Web3 on‑chain trading platform integrated with Solana and BNB Chain. MoonX features real‑time market data, Smart Money tracking and copy‑trading for memecoin enthusiasts, signalling BYDFi's evolution into a combined CEX‑DEX 'dual‑engine' operator. Its presence at SMW 2025 emphasises this integration of centralised exchange speed with decentralised ecosystem transparency.
Founded in 2020, BYDFi serves over one million users in more than 190 countries. In 2025, Forbes named it among the best crypto exchanges and apps for beginners. Its platform spans spot and perpetual contracts, automated bots, copy trading and on‑chain tools, offering multi‑channel support for both novice and experienced traders.
Industry analysts note that compliance remains a central challenge for crypto exchanges seeking entry into regulated Asian markets. BYDFi's involvement with CODE VASP and METACON suggests a strategic push to meld technological innovation with regional regulatory adherence. The Travel Rule technology integration is poised to set a precedent for exchanges aiming to enter South Korea's tightly supervised financial landscape.
BYDFi's CEX‑DEX model reflects a larger industry trend towards hybrid exchange services, catering to users demanding both liquidity and decentralised autonomy. MoonX's Solana and BNB Chain alignment positions BYDFi in direct competition with other hybrid and on‑chain innovators such as dYdX and PancakeSwap.
Critics, however, caution that regulatory alignment alone doesn't guarantee market penetration. Local adoption may depend on factors like fiat on‑ramps, customer support in Korean, and local partnerships. BYDFi's prominent presence at SMW 2025 is a step towards building such ties, but the conversion of awareness into sustained user engagement will be the critical measure of success.
Across the exhibition halls at COEX, conversations centred on Web3's real‑world applications—from decentralised identity to token‑based ecosystems. BYDFi's booth became a focal point for these discussions, reinforcing its positioning not just as a trading venue, but as a Web3 infrastructure provider.

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Crypto Insight
12 hours ago
- Crypto Insight
‘All systems go' for Solana staking ETF to launch any moment: Analysts
ETF provider REX Shares is on the verge of launching the first-ever Solana staking exchange-traded fund (ETF), following what analysts describe as a successful response to feedback from the US Securities and Exchange Commission (SEC). 'Rex also filed an updated prospectus, which totally filled in. Add it all up, and it appears as though all systems go for imminent launch,' ETF analyst Eric Balchunas said in an X post on Friday. SEC 'comfortable' with the unique ETF structure ETF Store president Nate Geraci said in an X post on the same day that it looks like the SEC are open to REX Shares incredibly rare c-corp business structure used in the fund, which the SEC previously argued conflicts with the 6C-11 rule, also known as 'the ETF rule.' 'Looks like they're comfortable pushing forward w/ their creative '40 Act structure,' Geraci said. 'Here we go,' he added. He previously said on May 29 that REX Shares had taken 'the regulatory end-around' with this approach. Echoing Geraci's sentiment, ETF analyst James Seyffart said the way that REX Shares structured their Solana staking ETF proposal was 'very rare in the ETF world' as it bypasses the standard 19b-4 filing process that most other crypto ETF providers have used for staking proposals, which are all still awaiting a decision from the SEC. Analysts say the SEC's comments have been addressed Geraci said, 'Looks like they believe comments have been resolved.' 'Crypto ETF summer commences,' he added. Balchunas cited an email screenshot to confirm that REX Shares have addressed the SEC's comments. 'So they are good to launch, it looks like. Wow,' Balchunas added. In a post on the same day, REX Shares said that 'the first-ever staked crypto ETF' in the US is coming soon. Staking in crypto ETFs has been highly anticipated by the industry REX Shares explained that its REX-Osprey SOL and staking ETF is designed to track the performance of Solana while generating yield through onchain staking. 'A new era of yield-generating crypto exposure is here,' REX Shares said. Staking has been a long-awaited feature by many ETF spectators in the industry. On March 20, BlackRock's head of digital assets, Robbie Mitchnick, described the firm's Ether ETF as a 'tremendous success' but acknowledged that the ETF is 'less perfect' without staking. Source:


Arabian Post
16 hours ago
- Arabian Post
Robinhood Introduces Micro Crypto Futures to Broaden Retail Access
Robinhood has launched micro futures contracts for Bitcoin, Solana and XRP in the United States, enabling retail investors to take directional positions or hedge portfolios with significantly lower capital than standard futures contracts. The offering is accessible to Robinhood's roughly 26 million funded accounts and is anticipated to democratise access to crypto derivatives. Micro futures are scaled-down versions of their full-size counterparts, requiring considerably less margin and making them appealing to smaller-scale traders. Industry observers note that each micro XRP contract represents 2,500 XRP with a tick value of about US $1.25, a stark contrast to the 50,000‑unit standard contracts with US $25 ticks. Similarly, micro Solana contracts use a 25‑token multiplier with 0.5 SOL tick increments, each worth US $1.25. This expansion rounds out Robinhood's crypto futures suite, which began with Bitcoin and Ether micro futures in January. The addition of XRP and Solana follows what the platform described as strong customer interest and increased regulatory clarity around these tokens. In April, CME Group unveiled institutional-grade XRP futures, underscoring growing market demand. ADVERTISEMENT Robinhood's strategic acquisitions are reinforcing its crypto ambitions. In June, it completed the US $200 million acquisition of Bitstamp, securing over 50 global licences and bolstering its infrastructure. In May, it acquired Canadian crypto firm WonderFi for US $179 million, integrating platforms such as Bitbuy and Coinsquare into its ecosystem. Data from Robinhood shows crypto notional trading volumes surged to US $11.7 billion in May—a 36 per cent rise month‑on‑month and 65 per cent higher year‑on‑year. Market participants have welcomed the move toward more accessible derivatives. Robinhood's 'trading ladder' feature allows users to enter and exit positions with precision. The platform also ensures near 24‑hour cash‑settled trading windows, operating between 6 p.m. and 5 p.m. ET. The decision by Robinhood aligns with a wider industry trend—other platforms, including Coinbase and Charles Schwab, are increasingly offering crypto‑derivatives to satisfy retail and institutional demand. Analysts have described the launch of micro futures as a 'gateway' for newer investors who previously found full‑size contracts beyond their reach. Permissive regulatory signals are reinforcing this shift. XRP's legal battle with the US Securities and Exchange Commission is advancing toward a resolution typically viewed as favourable for token classification, which has helped restore market confidence and paved the way for enhanced derivative offerings. Solana, meanwhile, has seen robust activity in decentralised finance and NFTs, further stimulating interest in derivative products. Robinhood's move also places it in stronger competition with institutional players like CME Group, whose Solana futures trading volume recently hit 1.75 million contracts. By offering micro futures, Robinhood is targeting the lower‑tier end of the market while building out its position in crypto derivatives. Retail engagement appears crucial to market liquidity. By enabling smaller investors to gain exposure with modest capital—and reduced margin risk—Robinhood may broaden participation and deepen markets for XRP and Solana. However, some industry figures caution that rising complexity may attract regulatory attention, underscoring the importance of robust risk management and investor education. Robinhood's micro futures launch reflects its continued strategy of expanding crypto tools after rolling out spot trading in 2018 and its later push into crypto derivatives. With assets under management growing and institutional integrations via Bitstamp and WonderFi at scale, the platform is positioning itself as a full‑service crypto brokerage.

The National
17 hours ago
- The National
Samsung Galaxy S25 Edge review: Does the slim phone pack the punch?
The last time Samsung released an Edge device was nearly a decade ago, and it featured a signature screen that's curved on the sides. Now, the company has revived the Edge branding, but this time slim's the name of the game with the Samsung Galaxy S25 Edge. First teased at January's Unpacked, the device seems to be a breath of fresh air in an era of smartphones getting bulkier as manufacturers cram in more components to power their features. The National takes a deeper look. Form: It has the edge At 5.8mm thin, the Galaxy S25 Edge is one slim phone, equivalent to about seven or eight credit cards stacked. For perspective, its bigger brother, the Galaxy S25 Ultra, is way up there 8.1mm, while the iPhone 16 Pro Max is even thicker at 8.25mm. Still, it's not the slimmest: while still a concept, the Tecno Spark Slim, which is a hairline thinner at 5.75mm, was teased at this year's Mobile World Congress. Meanwhile, the Motorola Moto Z from 2016 measured just 5.2mm. The rumoured iPhone 17 Air is also allegedly coming in at 5.5mm. Interestingly enough, the Galaxy Z Fold6 – when unfolded – is slimmer than the Galaxy S25 Edge at just 5.6mm. And since everything – buttons, USB-C port, etc – are in the same places as the rest of the Galaxy S25 line-up, this is literally a slimmer version of the Galaxy S25+ – except, however, for the camera. Which leads to a pet peeve: phone makers may tout their slim phones as such, but you do have to consider the camera bump. In the case of the Galaxy S25 Edge, it has a really big snapper bump that spikes its thickness to 8.45mm – which means this is what you'll be dealing with after slapping on a protective case. It takes the edge off its slimness. Galaxy AI stays put Samsung has chosen to keep its generative artificial intelligence platform, Galaxy AI, intact as it is on the Galaxy S25 Edge. It is a little surprising that there are no major boosts for the new device. To recap, Galaxy AI was launched last year and it ushered generative AI into Samsung mobiles. Gradual improvements have been rolled out, and the Galaxy S25 Edge Samsung is heavily promoting its Now Bar, a little strip on the lower area of the lock screen that lets you control supported apps. One advantage that Samsung's Now Bar has over the Apple iPhone's Dynamic Island is that it is easier to access being below the screen and allowing for more convenient one-hand use. Additionally, it is possible to set up and scroll through multiple apps on the Now Bar for added flexibility. A disadvantage, on the other hand, is that things are still being worked out to let third-party apps use the Now Bar. Additionally, Google Gemini's incorporated as well, so that's a bonus. Make do with two The biggest downsizing on the Galaxy S25 Edge is on its camera, as it only sports a dual-lens system compared to the rest of the S25 line-up's triple setup. The last Galaxy S device with a dual camera was 2019's Galaxy S10e. It does, however, make up for that with a massive 200MP main sensor, and we do have to give it props for the crisp and clean shots, with good lighting balance. You can also capture videos in 4K. But the device lacks a telephoto camera, limiting its zoom capabilities. This was to be expected, since a telephoto sensor requires more space, so there might not have been a way to cram it into the device's thin frame. Battery's on the low side The Galaxy S25 Edge has the smallest battery in the S25 series, clocking in at just 3900mAh, lower than even the base S25 – and that isn't exactly a surprise, given its thinner frame. From a full charge in the morning and with some intense use throughout the day, we found ourselves in the mid-30s by late afternoon, meaning that it was necessary to charge it up to make sure it doesn't conk out by night. That can be a little frustrating especially for those who have days that are unpredictable. In our standard one-hour YouTube-at-full-brightness test, the device lost 8 per cent, and it shot up to 47 per cent with a 30-minute charge, below its advertised 55 per cent, using a 45w adapter. Verdict: Who's this for? In Samsung's promotional materials and our first look, the Galaxy S25 Edge was being positioned as a lifestyle device, with shots of it snugly fitting into the pockets of tight jeans and really small purses. Having a slim device is refreshing take amidst all thicker devices out there. The Galaxy S25 Edge seems to be the non-foldable version of the Galaxy Z Flip, given some attributes they share such as the 6.7-inch (170mm) screen. But we see the smartphone as more of a statement device. We're unsure if users will find that the device's premium build and more unique look cancel out the toned-down specs. And more importantly – the Galaxy S25 Edge is more expensive than its most comparable peer, the Galaxy S25+. It will be interesting to find out the trickle-down effects of this – if we'd see an emergence of slimmer smartphones at lower price points; there are triple (and even quad) camera phones in the Dh1,000 range. It could be the start of a trend: aside from Apple's rumoured slimmer iPhone, word has it that the next Galaxy Z devices, the Fold7 and Flip7, are also tipped to be even slimmer than their predecessors. We'll have to wait and see who'll really have the edge in this race.