Latest news with #XION
Time of India
2 days ago
- Business
- Time of India
Cryptocurrency Live News & Updates : Bybit EU Launches MiCA-Compliant Launchpool with XION
14 Aug 2025 | 11:55:11 PM IST Bybit EU has introduced its first Launchpool in collaboration with XION, allowing users to stake tokens for rewards, with a total pool size of 100,000 XION valued at approximately $110,000. In a significant move towards regulatory compliance, Bybit EU has launched its inaugural Launchpool in partnership with XION, enabling users to stake various tokens for rewards. This initiative comes as part of Bybit's strategy to align with the EU's MiCA regulations, which aim to provide clarity in the crypto space. Meanwhile, the cryptocurrency market is experiencing fluctuations, with BNB, Bitcoin, and Ethereum all witnessing declines in their values over the past 24 hours. BNB has dipped to 848.61 USDT, Bitcoin has fallen to 119,575.16 USDT, and Ethereum is now at 4,593.51 USDT. Additionally, U.S.-listed company Sequans has ambitious plans to acquire 100,000 Bitcoin by 2030, supported by a recent investment of $384 million. Currently, Sequans holds around 3,171 Bitcoin, marking a strategic move in its treasury strategy. These developments highlight the evolving landscape of cryptocurrency, where regulatory frameworks and market dynamics are increasingly intertwined. Show more
Cision Canada
3 days ago
- Business
- Cision Canada
Bybit EU Taps XION for Inaugural Launchpool in the EU, Opening Regulated Access for 450M+ Users
First-ever Launchpool on Bybit's EU newly MiCA R -licensed EU exchange, going live on 14th August 2025. The partnership connects XION's consumer-first Layer-1 to Bybit EU users across 29 EEA markets. Builds on XION's MiCA-aligned compliance leadership and prior Bybit Global Launchpool debut. VIENNA, Aug. 14, 2025 /CNW/ -- XION, the consumer-first Layer-1 blockchain, today announced it will be the first ever Launchpool project on Bybit's EU exchange. The partnership follows Bybit's receipt of its MiCAR license in May 2025 and the rollout of enabling verified EEA users to onboard to a fully compliant platform, where they can get yield approved assets to earn XION. The Launchpool will feature a total pool size of 100,000 XION, distributed as follows: 50,000 XION to XION stakers (estimated APR: 60%) 30,000 XION to MNT stakers (estimated APR: 36%) 20,000 XION to USDC stakers (estimated APR: 24%) As one of the few Layer-1 projects backed by Circle Ventures, XION has seen strong traction in bringing blockchain-based experiences to everyday users, with over 100+ global brands leveraging its platform. XION has been steadily growing its European presence, as it became the first Layer-1 blockchain to publish a MiCA Title II whitepaper, integrated natively with Paris-based Ledger in June, listed on Bitvavo earlier this summer, and is already working with leading European brands on blockchain-powered consumer experiences. Similarly, one of Bybit's main focuses in 2025 is its European expansion. Being the inaugural Launchpool partner on Bybit EU MiCAR-compliant EU platform, XION will have access to a growing regulated European audience. "Being the very first Launchpool on Bybit EU is a major signal of XION's deep partnership with Bybit and our shared focus on expanding compliantly in the European markets," said Anthony Anzalone, Founder of XION. "Europe is now the proving ground for regulated digital assets, and together with Bybit EU we're setting a precedent for how mainstream audiences can discover and engage with blockchain technology in a safe, intuitive way." "Recently securing our MiCAR license in Austria represents our commitment and major focus in 2025 to bring compliant, innovative crypto services to European users. Today's launch with XION, a blockchain focused on mainstream adoption of crypto, demonstrates how regulation can accelerate rather than hinder innovation, and perfectly aligns with our European expansion strategy." - Mazurka Zheng, CEO of Bybit EU. The collaboration also builds on XION's earlier relationship with Bybit, where the company featured on Bybit Global's Launchpool during its TGE. The renewed partnership underscores the two companies' shared commitment to making blockchain accessible to everyday users. About XION XION is the first walletless L1 blockchain purpose-built for consumer adoption. Utilizing protocol-level implementations related to abstracted accounts, signatures, fees, interoperability, and more, XION empowers developers to build secure, intuitive, and seamless user experiences. By removing common Web3 friction points, XION accelerates the mainstream adoption of Web3 by making blockchain technology more accessible to users and developers. Disclaimer: This press release is for informational purposes only and does not constitute financial advice or an offer to invest. No competent authority in the European Union has reviewed or approved this marketing communication. The offeror, person seeking trading admission, or trading platform operator is solely responsible for its content. About Bybit EU Bybit EU GmbH is the newly established European entity, dedicated to serving clients across the European Economic Area (EEA"*" except Malta) via the platform. Operated by Bybit EU GmbH, a licensed Crypto-Asset Service Provider (CASP) under the Markets in Crypto-Assets Regulation (MiCA), Bybit EU delivers fully regulated services, including crypto custody, exchange, and rewards products and more, in full compliance with European regulations for investor protection and market integrity. Bybit EU GmbH is a licensed Crypto-Asset-Service Provider under the Markets in Crypto Assets Regulation (MiCA), authorized to offer the following services to residents of the European Economic Area (except Malta): providing custody and administration of crypto-assets on behalf of clients; exchange of crypto-assets for funds; exchange of crypto-assets for other crypto-assets; placing of crypto-assets; and providing transfer services for crypto-assets on behalf of clients. Bybit EU GmbH is neither the operator of a trading platform for crypto-assets nor provides investment advice. Disclaimer: Disclaimer: This press release is provided for informational purposes only and does not constitute investment advice or an offer to buy or sell digital assets. The products and services mentioned herein are subject to applicable laws and regulations in the relevant jurisdictions and may not be available in certain regions. As a centralized exchange, Bybit EU may offer certain products, including staking, that operate on an off-chain basis, where user assets are held by Bybit EU and rewards are calculated and distributed internally without recording transactions on the blockchain. Past performance is not indicative of future results. Users should carefully assess all risks before participating in any digital asset-related activity.
Associated Press
08-04-2025
- Business
- Associated Press
XION and Axelar Integrate to Enhance Interoperability and Drive Web3 Adoption
Seamless connectivity with over 70 other ecosystems positions XION, a consumer apps blockchain, for widespread adoption NEW YORK, April 8, 2025 (Bitwire) -- XION, the first Layer 1 blockchain designed specifically for consumer adoption, has integrated with Axelar, a leading secure interchain communication protocol. This integration enables XION to connect natively with over 70 other blockchains. 'The XION blockchain is pioneering a consumer-oriented approach to blockchain-based application platforms,' said Georgios Vlachos, director at Axelar Foundation and co-founder of the Axelar protocol. 'By integrating with Axelar, everyone in Web3 can access a new generation of user-friendly apps – and XION is poised to offer its users unparalleled access to a multitude of blockchain ecosystems.' XION is a next-generation Layer 1 blockchain that simplifies Web3 interactions through its Generalized Abstraction infrastructure. This technology removes technical barriers such as wallet management, private keys, and gas fees, enabling users to engage with blockchain applications as effortlessly as traditional web apps. 'Integrating Axelar is an exciting milestone for the XION ecosystem, as it provides seamless interoperability and greater access. ,' said Burnt Banksy, founder of the XION blockchain. 'It aligns perfectly with XION's mission to abstract away the complexities of crypto and make Web3 accessible to everyone.' With the integration of Axelar, XION's interoperability extends to 70+ other ecosystems, allowing for seamless cross-chain communication. This expansion unlocks a variety of potential use cases, including: ● Decentralized Social Platforms: Facilitating secure identity management and content ownership across multiple blockchains. ● Global Commerce: Enabling borderless payments and programmable loyalty programs without the need to manage multiple wallets or currencies. ● Blockchain Gaming: Supporting interoperable in-game assets and cross-game progression, enhancing the gaming experience across different blockchain networks. By bridging XION with a diverse array of blockchains, the Axelar integration paves the way for innovative applications that can operate fluidly across ecosystems, driving forward the mainstream adoption of Web3 technologies. About Axelar Axelar is the Web3 interoperability platform, delivering the shortest path to scale: an open stack to connect all blockchains. Adopters include Uniswap, Microsoft and dozens of natively multichain startups with a combined total value locked (TVL) that has crossed $1 billion. Axelar supports a best-in-class developer stack on a cross-chain layer that is open, scalable and secure. Backers include Binance, Coinbase, Dragonfly, Galaxy and Polychain. Learn more: About Axelar Foundation Axelar Foundation is a nonprofit established to support the growth and adoption of the Axelar Network, a decentralized blockchain interoperability platform that connects multiple blockchain ecosystems. Learn more at About XION XION is the first Layer 1 blockchain purpose built for consumer apps, and focused on making Web3 accessible to all internet users. It achieves this by making crypto disappear through its Generalized Abstraction, simplifying complexities such as wallets, private keys, multi-device usage, gas fees, and more. By removing common Web3 friction points, XION accelerates the mainstream adoption of Web3 by making blockchain technology more accessible to users and developers. Media Contact Karla Vilhelem
