Latest news with #USDT
Business Insider
2 hours ago
- Business
- Business Insider
From Utility to Global Adoption — G Coin Surpasses 1M Daily On-Chain Transactions
G Coin has entered its presale phase with active utility already established across multiple platforms. Unlike concept-stage tokens or those awaiting future development, G Coin is currently in use, facilitating on-chain transactions and platform activity at scale. Key operational highlights to date include: 8.7 billion tokens sold during presale Over 1 million on-chain transactions per day $4 million raised in presale market cap More than 10,000 token holders globally These figures reflect ongoing usage across supported environments, positioning G Coin as an actively utilized utility token rather than a speculative asset. G Coin is positioned as a utility token supporting on-chain interactions across a range of platforms. Drawing on models seen in other ecosystems—such as transaction throughput and platform-based fee mechanisms—G Coin combines scalable infrastructure with live, integrated usage. The token currently facilitates gameplay mechanics, prediction markets, rewards systems, partner disbursements, and platform operations, all executed via smart contracts in a live environment. Its design focuses on integration with applications where user activity generates consistent token utility. With over one million daily on-chain transactions and 8.7 billion tokens distributed to date, G Coin's current usage reflects a level of operational scale uncommon at the presale stage. 'Most people invest in ideas. G Coin gives real utility from Day 1 and the results are visible on-chain.' — Sarah Peter, CMO at Playnance Current Metrics and Platform Integration G Coin has reported the following operational figures as part of its ongoing presale phase: 8.7 billion tokens sold to date, prior to any exchange listing Over 1 million on-chain interactions occurring daily $4 million raised during presale More than 10,000 holders across over 60 countries Active integration with platforms including PlayW3, Sharker, Playbita, with dozens additional partners that launching. These metrics reflect early adoption and usage within supported environments, as the token continues to function within a growing ecosystem. Scalability Through PlayBlock Integration G Coin operates on PlayBlock, a proprietary Layer 3 blockchain developed by Playnance. PlayBlock is designed to support high-throughput environments, with infrastructure aimed at managing large volumes of micro-transactions. Key features of the PlayBlock architecture include: Instant transaction execution No gas fees for users Zero bridge fees between USDT and USDP Fully automated smart contract operations Simplified user access via Google, Apple, and social login options G Coin is currently functional within the PlayBlock network, where it facilitates various transactional and platform-level interactions. Tokenomics Structure and Supply Mechanics G Coin's tokenomics are structured to operate on predefined, transparent mechanisms governed by smart contracts. Key aspects include: A 2% incremental price increase triggered automatically after every 54 million tokens sold Minting capped at Step 500, after which no additional tokens will be created No token inflation, unlock schedules, or undisclosed supply allocations A daily burn mechanism that removes 25% of platform commissions from circulation via smart contract These features are designed to maintain supply consistency and operational predictability within the G Coin ecosystem. Current Utilization Across Platforms '1 million+ daily smart contract interactions. Thousands of real users. G Coin isn't trying to scale. It's already scaled.' — Roman, CTO at Playnance Facilitating payouts to users in over 60 countries Powering interactions across a network of partner platforms Supporting transactional volume on applications including PlayW3, Sharker, and others Enabling user engagement initiatives such as the Be The Boss program These developments highlight G Coin's current operational use across integrated Web3 environments. Presale Progresses as On-Chain Activity Continues G Coin's presale phase is ongoing, with pricing structured to adjust incrementally based on predefined token distribution steps. The total token supply is hard-capped, and the network infrastructure is currently operational. The presale phase reflects early platform engagement and continued ecosystem development. G Coin is a next-generation utility token engineered for mass adoption and real-world usage. Developed by Playnance and built on PlayBlock, a high-speed, gasless Layer 3 blockchain — G Coin powers over 1 million on-chain actions daily across the global gaming economy. Backed by live users, rising demand, and verifiable adoption, G Coin is leading a new era of decentralized infrastructure at scale. Disclaimer This release is for informational purposes only and does not constitute investment advice or an offer to purchase any securities or tokens. Cryptocurrency investments are subject to market risk. Always conduct your own research and consult with a licensed financial advisor before making any investment decisions. G Coin is intended for use within supported platforms. There is no guarantee that it will be made publicly available for trading or resale. Contact Marketing manager Sarah Peter
Cision Canada
5 hours ago
- Business
- Cision Canada
Bybit Card Celebrates Two Million Users with Limited-Edition Collectible and 1 BTC Giveaway
DUBAI, UAE, July 24, 2025 /CNW/ -- Bybit, the world's second-largest cryptocurrency exchange by trading volume, is excited to announce a major milestone in elevating the everyday crypto experience. With over two million Bybit Card holders and counting, the Bybit Card is introducing a 2M limited-edition virtual collectible and offering participants the chance to win a full BTC. The campaign celebrates the shared vision of prosperity as the mainstreaming of the digital asset class accelerates. From now until August 24, 2025, new and current Bybit Card customers may register for the event to unveil their very own Bybit Card 2M limited-edition virtual collectible—a collective symbol of belief, purpose, and progress as an early participant of the cryptocurrency ecosystem, right in their digital wallet. Once the card is activated, eligible participants will enjoy up to 10% in cashback for 30 days and stand to win 1 BTC upon completing spending tasks. The event features two ways to reward both new and existing Bybit Card users: Refer and Earn Cashback enables users to unlock temporary reward tier upgrades through successful referrals. Users who refer two or more friends will receive an extra 2% in cashback for a week, or up to three weeks with six or more successful referrals. Buy More, Win More transforms everyday spending into winning opportunities. Every 50 USDT spent earns participants one lucky draw ticket for prizes including USDT and BTC airdrops. High-volume spenders receive additional privileges, with prizes ranging from exclusive lounge access, premium Astari wearables, to the grand trophy of 1 BTC. Key Features: Crypto convenience: seamless fiat-to-crypto spending, and cash withdrawals from supported ATMs around the world with the physical card available to Mastercard holders. No annual fees and up to 8% APR on balances. Year-round perks: 100% rebates on subscriptions including Netflix, Spotify, and selected AI tools, airport lounge access, and other benefits refreshed seasonally Multi-asset transactions and cashback: supporting transactions in BTC, ETH, XRP, TON, USDT, USDC, MNT, and BNB; cashback options in USDC, USDT, BTC, and AVAX, with more options on the way. The promotion is on a first-come, first served basis for a limited time only. Terms and conditions apply. To learn more about the Bybit Card's rewards tiers and cashback scheme, user may visit: Bybit Point Rewards #Bybit / #TheCryptoArk / #BybitCard /#IMakeIt2M 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
Toronto Star
6 hours ago
- Business
- Toronto Star
Bitget's July Proof-of-Reserves Report Shows 45% Increase in User Holdings for Bitcoin (BTC)
VICTORIA, Seychelles, July 24, 2025 (GLOBE NEWSWIRE) — Bitget, the world's leading cryptocurrency exchange and Web3 company, has released its latest Proof-of-Reserves (PoR) data reveals a sharp increase in user-held Bitcoin, with BTC balances surging over 45% month-on-month in July. This marks the strongest growth across all major assets tracked on the platform. According to the PoR public figures published, BTC held by users grew from 6,594 BTC in June to 9,531 BTC in July. USDT holdings also experienced a notable increase of 21%, climbing from approximately 1.61 billion to nearly 1.95 billion. ETH balances rose by 31% month-on-month, from 148,754 ETH to 195,466 ETH, while USDC holdings grew by 14%.
Hamilton Spectator
6 hours ago
- Business
- Hamilton Spectator
Bitget's July Proof-of-Reserves Report Shows 45% Increase in User Holdings for Bitcoin (BTC)
VICTORIA, Seychelles, July 24, 2025 (GLOBE NEWSWIRE) — Bitget , the world's leading cryptocurrency exchange and Web3 company, has released its latest Proof-of-Reserves (PoR) data reveals a sharp increase in user-held Bitcoin, with BTC balances surging over 45% month-on-month in July. This marks the strongest growth across all major assets tracked on the platform. According to the PoR public figures published, BTC held by users grew from 6,594 BTC in June to 9,531 BTC in July. USDT holdings also experienced a notable increase of 21%, climbing from approximately 1.61 billion to nearly 1.95 billion. ETH balances rose by 31% month-on-month, from 148,754 ETH to 195,466 ETH, while USDC holdings grew by 14%. The substantial surge in user asset holdings follows ongoing efforts across the industry to promote transparent reserve practices. Bitget continues to publish real-time reserve data via Merkle Tree infrastructure and open-source verification tools. As of July 23, the platform maintains a reserve ratio of over 200% across major assets, double the industry benchmark of 100%. 'This increase in on-platform user assets, especially Bitcoin, shows a bit of the broader trend in user behavior, where traders and institutions increasingly may favor exchanges that allow independent asset verification,' said Gracy Chen, CEO at Bitget. 'Our priority will always be to keep maintaining Bitget as one of the largest most secure platforms for crypto trading,' she added. The POR growth in July also corresponds with improved market sentiment and heightened institutional interest in digital assets, particularly following the recent price stabilization of Bitcoin above the $110,000 threshold. Bitget's PoR methodology includes monthly snapshots and daily updates of asset balances, matched against liabilities through publicly auditable cryptographic proofs. The platform's reserve transparency continues to be a key differentiator as global regulators intensify demands for accountability from centralized exchanges. For July, all reserve figures exceed the 100% mark across BTC, ETH, USDT, and USDC, and the exchange remains one of the few top-tier platforms to continuously publish real-time snapshots for user review. This consistent transparency is increasingly valued by both retail and institutional users seeking safeguards against mismanagement or opaque balance sheet practices. To know more about Proof of Reserves, please visit here. About Bitget Established in 2018, Bitget is the world's leading cryptocurrency exchange and Web3 company. Serving over 120 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions, while offering real-time access to Bitcoin price , Ethereum price , and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a leading non-custodial crypto wallet supporting 130+ blockchains and millions of tokens. It offers multi-chain trading, staking, payments, and direct access to 20,000+ DApps, with advanced swaps and market insights built into a single platform. Bitget is driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World's Top Football League, LALIGA, in EASTERN, SEA and LATAM markets, as well as a global partner of Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team), to inspire the global community to embrace the future of cryptocurrency. Aligned with its global impact strategy, Bitget has joined hands with UNICEF to support blockchain education for 1.1 million people by 2027. In the world of motorsports, Bitget is the exclusive cryptocurrency exchange partner of MotoGP™ , one of the world's most thrilling championships. For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet For media inquiries, please contact: media@ Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use . A photo accompanying this announcement is available at
Business Upturn
10 hours ago
- Business
- Business Upturn
Jackbit Expands Crypto Gaming Lineup With 6,000+ Games and Instant Payouts in 2025
Glendale, California, July 24, 2025 (GLOBE NEWSWIRE) — Jackbit adds 6,000+ crypto games and strengthens its position with instant payouts and fully anonymous gameplay in 2025. Jackbit , a licensed crypto casino site operated by Ryker B.V. , has expanded its game lineup to over 6,000 titles across slots, live casino, sportsbook, and exclusive mini-games. The platform now supports 20 cryptocurrencies, including Bitcoin, Ethereum, and USDT, while offering instant payouts and no KYC requirements. With an emphasis on fast crypto transactions, mobile-friendly access, and simplified bonus terms such as 100 free spins with no wagering , Jackbit continues to strengthen its footprint in the digital gambling space. These updates align with a broader demand for anonymous crypto casino platforms that prioritize user privacy and operational speed. Jackbit's Growing Influence in the Crypto Casino Market Jackbit's expansion in 2025 reflects the platform's growing relevance among crypto casino sites. Since its launch in 2022, the Curacao-licensed operator has gained traction across global markets, particularly among users seeking anonymity, speed, and a wide selection of games. The site's multilingual support, sportsbook integration, and cross-device accessibility have also contributed to its rising user base. With over 6,000 games and ongoing platform updates, Jackbit positions itself as a crypto casino adapting to shifting user expectations in 2025, where instant access, flexible payment options, and privacy-focused play are becoming essential benchmarks in the online gambling space. What's New in Jackbit's Expanded Game Library? Jackbit's gaming portfolio in 2025 includes over 6,000 casino titles, offering one of the broadest selections available at any crypto casino site. It features 249 live dealer tables, 21 exclusive instant games, and a diverse selection of high-RTP slots from leading providers such as Pragmatic Play, Hacksaw Gaming, and Evolution. The crypto casino platform covers all major categories from traditional table games to crash, keno, virtual sports, and progressive jackpots organized under a single, searchable interface. Its live casino section features multilingual dealers, various betting limits, and table options tailored for both casual players and high-stakes users. Meanwhile, the exclusive instant games section caters to those seeking quick outcomes without complex rules or long wait times. Alongside casino offerings, Jackbit's sportsbook supports betting across 30+ sports and e-sports categories. The consistent addition of new content ensures the library remains up to date without sacrificing load speed or mobile accessibility. The expanded library is part of Jackbit's broader goal to offer fast, flexible, and crypto-compatible gaming at scale. Seamless Crypto Payments With Instant Payouts Jackbit enables fast, direct payments using over 20 cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Solana (SOL), and Dogecoin (DOGE). On this crypto casino platform, transactions are processed instantly, with most withdrawals confirmed within moments based on blockchain speed. Deposits reflect immediately, and there are no hidden processing fees. Players withdrawing promotional winnings, such as those from the 100 free spins, are not required to meet complicated rollover terms. Wallet connections are secure, and all payments are recorded on-chain, visible within each user's dashboard. The speed and simplicity of Jackbit's crypto payment system remove unnecessary friction from the gambling experience, offering fast payouts without manual approvals, intermediaries, or verification bottlenecks, key features for users who value control and efficiency. Anonymous Gaming With No KYC Required Jackbit offers a streamlined registration process that does not require users to submit identity documents upfront. Players can create an account using just an email address and begin depositing and playing immediately, supported by cryptocurrencies. This no-KYC model makes Jackbit a practical option for those who prefer to maintain privacy while gambling online. While crypto casino platforms may request additional verification for high-value transactions or compliance-related checks, most users are able to deposit, wager, and withdraw without delays or manual approvals. The system is designed to function smoothly for typical use cases, with clear prompts if any further verification is required. Mobile Compatibility and User Experience Jackbit delivers a consistent, high-performance experience across mobile and desktop through its Progressive Web App (PWA). Players can access the full crypto casino platform directly from their mobile browser without needing to download any separate application. The interface adjusts automatically to screen size, offering quick load times, simple navigation, and uninterrupted gameplay across all game categories. Users can add the site to their home screen for faster access and receive in-browser notifications about promotions and updates. All features, including deposits, withdrawals, live tables, and instant games, function smoothly on mobile, with full data encryption maintained. Jackbit's mobile setup provides a practical and secure solution for crypto gamblers who prefer gaming on the go. Community Trust and Security Standards Jackbit operates under a Curacao eGaming license, adhering to regulatory requirements for fairness, responsible gaming, and operational transparency. The platform uses 256-bit SSL encryption and blockchain verification to secure user data and cryptocurrency transactions. Many of the games on the site utilize certified Random Number Generators (RNGs) and provably fair systems, enabling players to independently verify outcomes. To support users, Jackbit provides 24/7 multilingual assistance via live chat and email, along with an updated FAQ section. While occasional verification may be required for high-value withdrawals, the process is clearly communicated and typically resolved quickly. Jackbit reinforces its credibility as a secure and trusted crypto gambling site by combining licensing oversight, technical safeguards, and responsive customer service, Final Thoughts: Why Jackbit Listed as Leading Crypto Casino 2025? Jackbit's 2025 updates reflect a broader shift toward crypto casino sites, marked by fast payouts, anonymous access, and a wide variety of games. With over 6,000 titles, instant crypto transactions, and a no-KYC onboarding model, the platform appeals to users seeking speed, control, and privacy. Its mobile-optimized crypto casino and simplified bonus terms further enhance usability. As regulatory environments continue to evolve, Jackbit's balance of accessibility and security positions it as a practical option for players navigating the crypto gambling space. FAQs – Jackbit Casino Q1. How many games does Jackbit offer in 2025? Jackbit features over 6,000 games, including 249 live dealer tables and 21 exclusive instant games. The platform covers slots, crash games, table titles, and sportsbook options. Its library is updated regularly, offering something for every player type, from casual users to high-stakes gamblers. Q2. Are withdrawals really instant at Jackbit? Yes, Jackbit processes most crypto withdrawals instantly. Once requested, funds are released promptly, with blockchain confirmations following shortly thereafter. There are no hidden fees or rollover hurdles, making it one of the fastest platforms for players who prioritize direct, hassle-free access to their winnings. Q3. Is Jackbit a licensed crypto casino? Yes, Jackbit is licensed under the Curacao eGaming authority. This ensures the platform meets regulatory standards for fair play, transaction security, and responsible gambling practices. The license provides an added layer of trust for players using crypto to deposit, wager, and withdraw on the site. Q4. What makes Jackbit different from other crypto casinos? Jackbit stands out through no-KYC registration , instant crypto withdrawals, a 6,000+ game library, and no-wagering bonuses. It simplifies the gambling experience by focusing on speed, privacy, and usability, offering a user-first approach that's often missing from traditional online casinos. Q5. Can I use my phone to play on Jackbit? Yes, Jackbit is fully optimized crypto casino for mobile devices using a Progressive Web App. All features, including games, payments, and account settings, are available via mobile browsers, with no download required. The interface adjusts to any screen, providing a smooth and consistent experience for users on the go. Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same. Ahmedabad Plane Crash
