Author: CryptoCurrencyNews

DUBAI, UAE, Sept. 1, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, presented the “Mantle × Bybit Roadmap“, outlining the next stage in the development of $MNT and its integration across Bybit’s ecosystem.

This announcement builds on the recent appointment of Bybit Co-CEO Helen Liu and Head of Spot Emily Bao — also the founder of Byreal — as key advisors to Mantle. Their involvement reflects a deeper alignment between Bybit and Mantle to accelerate Layer 2 infrastructure and position MNT as a bridge between Web2 and Web3.

Mantle × Bybit Roadmap: Phased Rollout

What began as a single token has now become a broader force within Bybit, powering use cases from trading to payments and savings. With Mantle 2.0, MNT is set to unlock even greater opportunities for users around the world, serving as a bridge between digital assets, real-world applications, and institutional adoption.

The roadmap details how MNT utilities will expand in waves through August, September, and beyond:

• Buy  — Currently available through spot trading, Convert, OTC with fixed pricing, and Bybit’s auto-invest bot. Starting late September, “Discount Buy” will launch with support for lockup products at reduced prices.
• Use — From September, spot pairs will expand from 4 to over 20. By late September, MNT can be used to pay trading fees (25% off Spot, 10% off Derivatives), card payments with zero conversion fee, and Web3 purchases. Options trading and access to VIP events and merchandise with MNT are also planned.
• Hold — From early September, institutional users will unlock higher leverage (up to 8x) and extended fixed-loan terms. Later in the month, retail users will gain multipliers for faster VIP upgrades and enhanced cashback via Bybit Card & Pay.
• Earn — Fixed-term savings roll out at the end of August, alongside higher allocations for new token launches (e.g., HODLVerse, Launchpool, and Megadrop). Users can also access flexible savings, dual asset products, and liquidity mining.
• Limited Offers — Ongoing campaigns like MNT Puzzle Hunt and Wednesday Airdrops will be joined by regional cashback promotions (end of September) and a Mantle-themed anniversary celebration in October.

The phased rollout aims to make MNT more than a speculative asset — embedding it into daily trading, payments, and wealth management for both institutional and retail users. By supporting real-world and Web3 payments, expanding trading options, and tying MNT to membership privileges, the roadmap brings Mantle closer to its mission of driving meaningful adoption.

#Bybit / #TheCryptoArk  /#IMakeIt

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
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TORONTO, Aug. 31, 2025 /PRNewswire/ — Digital Shovel, a provider of modular infrastructure solutions for data centers and cryptocurrency mining operations, has completed the delivery of its final batch of busway systems to IREN (formerly Iris Energy Limited). The delivery, totaling 493 MW in active and spare units, marks the conclusion of a partnership agreement established in February 2024.

The project, completed ahead of schedule, involved supplying busways essential to IREN’s development of data centers configured for Bitcoin mining and AI cloud computing. These facilities are powered exclusively by renewable energy. According to the companies, the early completion of the project allowed IREN to progress its infrastructure deployment without reported delays.

“We are incredibly proud of the seamless execution of this partnership with IREN,” said Scot Johnson, CEO of Digital Shovel. “Delivering all 493 MW of busway sets ahead of schedule is a testament to our team’s dedication and the strength of our innovative solutions. IREN’s vision for sustainable, high-performance data centers aligns perfectly with our mission, and we’re excited about the impact this project will have on their growth.”The early completion of this contract also positions both companies for future collaboration. “This project has been a fantastic opportunity to showcase what we can achieve together,” Johnson added. “We’re eager to explore new ventures with IREN as they continue to lead in renewable energy-powered data centers for Bitcoin mining and AI applications.”

The success of this deployment lays the foundation for expanded collaboration as demand for infrastructure solutions continues to surge. With proven capacity to deliver at scale and speed, Digital Shovel is positioned to help power the next generation of energy-efficient data centers across North America.

For more information about Digital Shovel and its solutions, users can visit www.digitalshovel.com.

About Digital Shovel

Digital Shovel is a leading vertically integrated HPC, AI, and Bitcoin Mining systems manufacturer, building critical elements for datacenter construction. This includes turnkey modular datacenters, as well as infrastructure including switchgear, Smart PDUs, busway system,s and more. For more info, users can visit www.DigitalShovel.com 

About IREN

IREN, formerly Iris Energy Limited, is an Australia-based company operating next-generation data centers powered by 100% renewable energy. With facilities optimized for Bitcoin mining, AI cloud services, and other power-dense computing applications, IREN is a global leader in sustainable, high-performance data center solutions. For more information, users can visit www.iren.com.

Contact

Digital Shovel

Press@DigitalShovel.com 

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WASHINGTON, Aug. 29, 2025 /PRNewswire/ — Bluprynt today announced the successful completion of its Know Your Issuer (KYI) verification of USDC, the world’s second largest stablecoin by market capitalization, with more than $67 billion in circulation as of August 25, 2025. Through its regulated affiliates, Circle, the global financial technology firm, issues USDC. This milestone represents a historic step forward in establishing KYI as the new benchmark for authenticity and compliance transparency in digital finance.

By cryptographically binding Circle’s verified identity and mint authority directly to USDC tokens at the point of issuance, KYI enables investors, custodians, and financial institutions to instantly authenticate provenance. At a time when the OCC, FDIC, SEC and other federal agencies are requiring stronger transparency of provenance, I USDC is not only ready for today’s regulatory environment, but also for the compliance challenges of tomorrow.

KYI was first previewed at the Egmont Group’s 30^th Anniversary plenary meeting by Bluprynt CEO and Georgetown law professor Chris Brummer. The Egmont Group is the premier global network of Financial Intelligence Units (FIUs), fostering international cooperation against money laundering and terrorist financing. The plenary convened the heads of agencies including FinCEN, FATF, and the EU’s newest crime fighter, AMLA, providing a high-level forum where KYI was presented as a breakthrough in bridging compliance and innovation.

“What we need are cryptographically native solutions that are fit for purpose, combining ease with rigor,” Brummer noted. “KYI embodies this principle by offering regulators and issuers a practical, verifiable tool to strengthen trust and transparency in digital finance.”

The opportunity for KYI is significant. Stablecoins today represent more than $160 billion in circulation, with USDC alone accounting for over $32 billion. Industry forecasts project that stablecoin transaction volumes could surpass $3 trillion annually by 2030, highlighting the enormous scale of adoption ahead. At the same time, fraudulent token issuance and counterfeit activity cost investors more than $5.9 billion in 2023, while global financial institutions spend over $270 billion each year on compliance and financial crime prevention. By embedding issuer verification directly into tokens at issuance, KYI reduces fraud losses and compliance overhead, positioning Bluprynt as a foundational infrastructure provider at a moment when demand for transparency is accelerating.

With the rollout of regulatory frameworks like MiCA in Europe, and the GENIUS Act in the United States, Bluprynt’s KYI enables institutions to validate their identity, provenance and even compliance controls with a third party trusted by regulators and markets around the world. It is the second major product introduced by Bluprynt, and follows a suite of builds starting in Europe with white paper compliance.

“Bluprint’s pilot project of KYI verification for USDC shines a light on an important compliance area, one that is already a requirement in Europe under the MiCA framework,” said Corey Then, VP and Deputy General Counsel of Global Policy, Circle.

As part of its ongoing development, Bluprynt has integrated KYI with the Solana Attestation Service (SAS) to enhance the interoperability and discoverability of verified token issuers across the Solana ecosystem.

About Bluprynt

Bluprynt is a leader in embedded compliance and blockchain solutions, specializing in tools that streamline regulatory processes and enhance transparency. The company leverages cutting-edge AI and blockchain technologies to enable issuers to meet the most demanding compliance requirements while supporting innovation in the financial sector.

For more information, visit bluprynt.com or contact team@bluprynt.com.

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QINGDAO, China, Aug. 28, 2025 /PRNewswire/ — SOS Limited (NYSE: SOS) (“the Company” or “SOS”) today announced its plan to terminate the amended and restated Deposit Agreement dated May 4, 2017, as amended, by and among the Company, Citibank, N.A. (the “Depositary”), and the holders of American depositary shares (the “ADSs”) from time to time, effective September 8, 2025 (the “Termination”).

In connection with the Termination, the Company held an extraordinary general meeting of shareholders on August 11, 2025 at which its shareholders approved an increase to the Company’s authorized share capital, as well as a 150-for-1 share consolidation of its ordinary shares, such that each and every 150 issued and unissued Class A and Class B Ordinary Shares of a par value of US$0.005 each in the share capital of the Company be consolidated into 1 Class A Ordinary Share of a par value of US$0.75 and 1 Class B Ordinary Share of a par value of US$0.75, respectively.

The Depositary of the Company’s American depositary receipts (the “ADRs”) will distribute to all holders and beneficial owners of the Company’s ADRs an updated notification regarding the termination of the ADR facility for the Company’s ADSs pursuant to the Deposit Agreement. The new effective date of the termination of the Deposit Agreement will be September 8, 2025 (the “Effective Date”). On the Effective Date (with the Share Consolidation being effective), holders of ADSs will have their ADSs automatically cancelled and will be entitled to receive the corresponding underlying Class A ordinary shares, par value $0.75 per share (“Ordinary Shares”), at a rate of one (1) Ordinary Share for each ADS cancelled (the “Mandatory Exchange”).

Following the Mandatory Exchange, the Ordinary Shares are anticipated to trade directly on the New York Stock Exchange under the current trading symbol “SOS”.

Safe Harbor Statement

This press release contains forward-looking statements made under the “safe harbor” provisions of Section 21E of the Securities Exchange Act of 1934, as amended, and the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” “confident” and similar statements. SOS may also make written or oral forward-looking statements in its reports filed with or furnished to the U.S. Securities and Exchange Commission, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Any statements that are not historical facts, including statements about SOS’ beliefs and expectations, are forward-looking statements that involve factors, risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. Further information regarding risks, uncertainties or factors is included in the Company’s filings with the U.S. Securities and Exchange Commission. All information provided in this press release is current as of the date of the press release, and SOS does not undertake any obligation to update such information, except as required under applicable law.

About SOS Limited

SOS is an emerging blockchain-based and big data-driven marketing solution provider. SOS is also engaged in blockchain and cryptocurrency operations, which currently include cryptocurrency mining and may expand into cryptocurrency security and insurance in the future. Since April 2021, we launched commodity trading via our subsidiary SOS International Trading Co. Ltd and Weigou International Trading Co Ltd. Major trading commodity includes mineral resin, soybean, wheat, sesame, liquid sulfur, petrol coke and latex etc. For more information, please visit: http://www.sosyun.com/. 

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SINGAPORE, Aug. 27, 2025 /PRNewswire/ — The9 Limited (Nasdaq: NCTY) today announced that the9bit, The9 GameFi platform that turns game purchase into rewarding experiences, has surpassed 1 million users in less than one month since its launch.

Quote from Martin Hoon, Head of Web3, The9 Limited

“We extend sincere thanks to its users for their continued support, which has been key to this rapid success. the9bit focuses on Web2 game players and rewards them are through Web3. We will send out the solid Web3 rewards to game players very soon. It is a perfect combination of game, player and finance. It is the beginning of our brand new Web3.5 spirit disrupting the traditional web2 gaming.”

About the9bit

the9bit is a next-generation gaming platform where players can get games including AAA IP console games and mobile titles, complete daily missions, watch ads, post content, and lead communities — all while earning flexible, token-convertible points. It combines a simple Web2 UX with a powerful Web3 engine under the hood: auto-generated wallets, local fiat support, optional KYC, and built-in creator tools make it easy for anyone to join. Visit the9bit.com for more information.

About The9 Limited

The9 Limited (The9) is an Internet company listed on Nasdaq in 2004. The9 is committed to becoming a global diversified high-tech Internet company and is engaged in online games operation and Bitcoin mining business.

View original content:https://www.prnewswire.com/news-releases/the9-gamefi-platform-the9bit-hits-1-million-users-302539705.html

SOURCE The9 Limited

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