Latest news with #Earn
Cision Canada
5 days ago
- Business
- Cision Canada
Bybit Lists USDC on Aptos, Launches Super Event With Over 20,000 APT Up for Grabs
DUBAI, UAE, May 27, 2025 /CNW/ -- Bybit, the world's second-largest cryptocurrency exchange by trading volume, now supports native USDC on the Aptos blockchain for the first time. This milestone allows users to trade USDC and earn APT directly on the platform. "As one of the world's top 10 blockchains for stablecoins, the Aptos network provides the fast, secure, and scalable infrastructure needed to bring stablecoins into the mainstream and unlock their real-world utility. Collaborations with leading exchanges like Bybit to integrate USDC on Aptos are crucial to realizing that vision — driving broader access, enabling seamless global transactions, and powering the next generation of financial systems," said Ash Pampati, Head of Ecosystem at Aptos Foundation. "Bybit is proud to unite the world's top ecosystems — Aptos and USDC — into a single, seamless experience for our users. This integration not only strengthens the foundation of Web3, but also champions safe, regulated adoption of crypto at a global scale. Together, we're building the rails for a future where finance is open, inclusive, and seamless," said MK Chin, Head of Ecosystem Partnerships at Bybit. In recognition of this launch, Bybit has launched the Bybit x Aptos Super Event — a month-long celebration offering a total of over 20,000 APT in rewards through staking, trading, and exclusive bonuses for new users. The event runs until June 26, 2025, and gives participants multiple ways to earn APT, whether they're long-time crypto enthusiasts or just getting started. Three Reward Opportunities 1. On-Chain Earn Staking Event Participants who stake APT via Bybit's On-Chain Earn and maintain their position for at least 24 hours during the event period will be eligible for a share of 5,000 APT. 2. New User Exclusive – Token Splash Eligible new users who complete identity verification and meet the deposit and trading criteria will receive 5 APT. Rewards are distributed from a 5,000 APT prize pool and limited to the first 1,000 qualified participants. This activity ends on June 9, 2025. 3. Spot Trading – Token Splash Users who trade a minimum of US$300 worth of APT on Bybit Spot during the campaign period will receive a share of a 10,000 APT prize pool. Individual rewards are capped at 400 APT. Aptos (APT) is the native token of the Aptos blockchain, a scalable Layer 1 network built for secure and efficient decentralized applications. On Bybit On-Chain Earn, users can stake APT to receive daily rewards, enjoy flexible redemption, and contribute to the network's security. More information is available here. #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
Business Insider
5 days ago
- Business
- Business Insider
Sentz launches ‘Sentz Earn' to help users earn up to 8% annually on their stablecoin balance
Global payments app, Sentz, has announced the official launch of 'Sentz Earn', a rewards feature that allows Nigerian users to grow their eUSD stablecoin balance by up to 8% annually while maintaining full control of their funds. This self-custodial solution addresses the growing demand for accessible dollar-based options to preserve and grow their wealth in Nigeria's volatile economic climate. While other platforms force users to choose between earning rewards and maintaining control of their money, Sentz's self-custodial nature allows Earn to eliminate this compromise by offering daily-compounding rewards without requiring users to lock funds. "Regular financial systems often make users choose between growth and control," said Sara Drakeley, CEO of Sentz. "Sentz Earn represents a third option; one where users can watch their dollar balance grow while retaining complete ownership of their funds at all times." The feature has already gained significant traction during its beta phase, with early adopters reporting their appreciation for its accessibility and returns. Digital marketer Isaac Olukayode, one of the early adopters of Sentz Earn, described the experience: 'The process of earning is seamless. I just opted in to Earn on my Sentz app, and my rewards started showing up automatically on the same day. I didn't need to lock my money or move it to a separate wallet. I see my earnings grow daily and can withdraw anytime.' In the Sentz app, customers can fund their wallet with Naira, USDT, or USDC. These funds are automatically converted to eUSD — Sentz's native stablecoin, designed to hold a steady $1 value. eUSD is backed by a mix of stablecoins like USDT and USDC, helping protect customer funds and reduce the risk of 'depegging' — when a stablecoin drifts from its 1:1 value with the U.S. dollar. Nigerian Country Manager, Mercy Emmanuel, emphasised that the product is a direct response to user feedback: "After countless conversations with Nigerian users, we heard one consistent message, people want their money to work harder for them without processes or loss of control. That's exactly what Sentz Earn delivers." One major perk of Sentz Earn is that rewards become claimable once they reach $0.01 and can be tracked in real-time through the Sentz app. Users can watch their balance grow within the app and can see updates daily. Unlike traditional savings products or staking platforms, Sentz Earn imposes no lockup periods. Users can withdraw and send their funds earned through the program without delays or penalties, or exit the program at any time. This launch comes as Nigerians increasingly seek financial tools that offer both stability and growth potential. Sentz Earn is now available to all Nigerian users through the Sentz mobile app on Android and iOS. About Sentz Sentz Global is redefining the future of global payments by offering instant, affordable, and secure transactions across borders. As a free global payments app, Sentz makes it easy for Nigerians to send, receive, and earn in stablecoins — all while keeping full control of their money through self-custody. With users in over 180 countries — including hundreds of thousands in Nigeria — Sentz empowers freelancers, remote workers, families sending remittances, and anyone who wants to get paid or earn rewards in stable currency. Headquartered in Sacramento, California, Sentz uses advanced network technology to make international payments as easy as sending a text. With a focus on speed, privacy, and accessibility, Sentz is committed to building a more inclusive global financial system. Learn more at.
Associated Press
20-05-2025
- Business
- Associated Press
EdgeCore Digital Infrastructure Announces Expansion of Its Metro Phoenix Data Center Market to Over 450 MW
High-density design makes EdgeCore's Mesa, Arizona data centers a near-term solution for hyperscale AI and cloud applications DENVER, CO / ACCESS Newswire / May 20, 2025 / EdgeCore Digital Infrastructure, a wholesale data center developer, owner and operator, announced the acquisition of an additional 43.87 acres of land in Mesa, Arizona and expanded data center capacity designed to deliver 450 MW+ to its hyperscale customers. This new parcel of land more than doubles the buildable acreage EdgeCore controls in Mesa. 'Today's expansion announcement of EdgeCore's operations in Mesa, Arizona is an exciting milestone in our company's evolution,' said Lee Kestler, CEO, EdgeCore Digital Infrastructure. 'Since establishing our first Mesa campus in April 2023, we have worked quickly to construct and commission 206 MW at the site. This new tranche of land enables us to deliver another 250+ MW of data center space in Mesa to fulfill our hyperscale customers' urgent need for AI and cloud-ready capacity.' Affordable power via Salt River Project (SRP) is already available at EdgeCore's first Mesa campus for its operational data center and is slated for delivery to the two buildings currently under construction upon their completion in 2025 and 2026. 'SRP is proud of its work with EdgeCore and looks forward to serving their growing operations in Mesa,' said Jim Pratt, SRP General Manager and Chief Executive Officer. 'We congratulate them on their expansion and applaud their commitment to water conservation in their operations.' Understanding that water scarcity is a serious issue in Arizona, EdgeCore has implemented an air-cooled design in its Mesa data centers, including an ultra-efficient closed-loop chilled water system, which requires nearly no water to recharge its effectiveness. Additionally, EdgeCore's Mesa campus: Due to these sustainable building and operational initiatives, EdgeCore's first data center in Mesa (PH01) received Green Globes for Existing Buildings certification in 2023, and the second (PH02) and third (PH03) data centers currently under construction have been awarded Designed to Earn ENERGY STAR certifications. Since breaking ground on its first data center in Mesa, EdgeCore has committed financially, philanthropically and through the personal efforts of its employees to support the community's growth strategy and make a positive difference in the lives of its neighbors. This additional development will enable EdgeCore to continue providing jobs, supporting local businesses and donating to the local Mesa community. About EdgeCore Digital Infrastructure EdgeCore Digital Infrastructure serves the world's largest cloud and internet companies with both ready-for-occupancy and build-to-suit data center campuses that are designed for density. Privately held and backed by committed equity, EdgeCore enables hyperscale customer requirements by proactively investing in regions that provide the land and power necessary to support and scale AI and cloud technology. While working thoughtfully with the communities in which we do business, our data center campuses are built at scale to meet key performance specifications, safety metrics and sustainability objectives. EdgeCore has data center campuses in five North American markets with plans to continue regional expansion in 2025 and beyond. For more information, please visit Media Contact Courtney Gaudet EdgeCore Digital Infrastructure [email protected] SOURCE: EdgeCore Digital Infrastructure press release
Cision Canada
28-04-2025
- Business
- Cision Canada
Bybit Introduces API Access for On-Chain Earn and Flexible Savings
DUBAI, UAE, April 28, 2025 /CNW/ -- Bybit, the world's second-largest cryptocurrency exchange by trading volume, now offers API access for its On-Chain Earn and Flexible Savings products. Expansion to other Earn product types is currently in progress. Full technical specifications and integration instructions are available in the official API documentation. This new integration gives institutional users and developers the ability to connect directly with Bybit's infrastructure, enabling efficient, automated, and scalable management of their yield-generating strategies. Bybit's On-Chain Earn products allows users to earn rewards by participating in blockchain-based (or "on-chain") financial opportunities such as staking and liquidity protocols. These products provide users with a DeFi-like experience by enabling interaction with smart contracts on public blockchains without the need for technical expertise. Staking in the crypto world often demands significant technical know-how and dedicated hardware, making it inaccessible for many. Bybit's On-Chain Earn removes these barriers by handling the complexities behind the scenes — including gas fees, node operations, and reward distribution — so users can stake with ease and confidence. An API, or Application Programming Interface, is a tool that allows different software systems to communicate. Bybit's API allows developers and institutional users to programmatically access On-Chain Earn and Flexible Savings functions through their own platforms, enhancing customization and operational control. "Bridging centralized access with decentralized opportunity is one of our core missions," said Jerry Li, Head of Earn & Wealth Management at Bybit. "With API support for On-Chain Earn, we're giving power users the infrastructure they need to build, manage, and fine-tune strategies with the speed and precision the market demands." The API offers structured access to key functions, including: An overview of currently available On-Chain Earn products, with filters by token and product category (LST, non-LST, or Mint), Detailed product data such as estimated APYs, staking terms, redemption timelines, minimum and maximum limits, exchange rates, and reward distribution mechanisms, Historical and real-time tracking of staking and redemption, Summaries of current positions and accrued rewards, Programmatic access to eligible Earn products for subscription and redemption, tailored to each supported mechanism. This release marks a key step in Bybit's continued efforts to support advanced users with infrastructure that connects centralized tools to decentralized finance opportunities. #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
Yahoo
12-04-2025
- Business
- Yahoo
Ripple and SEC File Joint Motion to Pause Appeals
Ripple Labs and the U.S. Securities and Exchange Commission (SEC) have jointly requested a pause in their respective appeals to finalize a potential settlement, per a motion filed on Thursday. The filing signals a possible end to a high-profile dispute that has gripped the payments upstart industry since December 2020 for its sale of XRP tokens, which the SEC alleged were unregistered securities. The case has been a focal point for debates over the regulatory status of cryptocurrencies in the United States, with Ripple arguing that XRP is a currency, not a security, and thus outside the SEC's jurisdiction. Ripple and the SEC have reached an 'agreement in principle' to resolve all outstanding issues, per a post shared by attorney James Filan. This includes not only the SEC's appeal of the district court's final judgment but also Ripple's cross-appeal and the claims against Ripple founders Brad Garlinghouse and Chris Larsen. The motion requests that the court hold the appeals process in abeyance — effectively pausing it — while the parties hammer out the final terms of the settlement, which still requires formal approval from the SEC's commissioners. This follows a similar request from the SEC and Gemini in early April, where the two parties requested the court approve a two-month pause to finalize a deal to close their long-running legal dispute over Gemini's Earn program. Sign in to access your portfolio
