Author: CryptoCurrencyNews

DUBAI, UAE, June 6, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, continues its advance in the crypto payment space with a limited-time campaign for the Bybit Card. Exclusive to new global users of Bybit Card, the new promotion unlocks 10% cashback in its new phase of global expansion.

The evolving payment solution eliminates traditional boundaries between digital assets and real-world transactions across markets. Championing crypto freedom, the Bybit Card elevates global convenience and access to premium events and partnerships for the crypto community wherever they are headed. Since celebrating its second anniversary at Bybit’s Dubai headquarters, the Bybit Card has unlocked for its users exclusive benefits at the Grand Millennium Hotel in Dubai, and subscription perks for selected AI tools and streaming services.

30-Day Incentive: All Spending Categories Accepted

Eligible for global users with more international markets unlocked, the new cashback scheme potentially offers new users an extra $150 in rewards in three simple steps:

1. Applying for a Bybit Card subject to verification and approval
2. Making a first-time deposit equivalent to $100 in value
3. Spending on eligible crypto transactions with the new Bybit Card in the next 30 days for 10% cashback on all eligible transactions

Existing Bybit users may also enjoy the same cashback rate up to $75 during the promotional period.

Global Accessibility, Unmatched Convenience

The Bybit Card serves nearly 2 million users worldwide as a gateway for secure and instant crypto spending at over 90 million global touchpoints. More than a payment tool, it also offers earning opportunities through cashback, rewards, and APR on crypto balances.

Incorporating crypto into their way of life in everyday spending, Bybit Card holders can tap or swipe to pay in an instant around the world. Whether they are booking a flight with Cathay Pacific or sipping a cocktail at the Ritz, users stand to get 10% back with the Bybit Card.

Key Features: 

• Crypto convenience: seamless spending in crypto, 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 support: USDC, USDT, BTC, ETH, AVAX, and more.

The promotion is on a first-come, first served basis for a limited time only. Terms and conditions apply. For full benefits and more exclusive rewards, users may explore: Bybit Crypto Card: Your Ultimate Crypto Debit Card.

#Bybit / #TheCryptoArk / #TheBybitCard

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
For media inquiries, please contact: media@bybit.com
For updates, please follow: Bybit’s Communities and Social Media

Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube

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View original content:https://www.prnewswire.co.uk/news-releases/bybit-card-exclusive-up-to-150-cashback-for-hassle-free-crypto-spending-302475212.html

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Sumsub’s Travel Rule solution is now available for seamless app integration through SDK, automating required checks and ensuring compliance without losing users.

LONDON, June 5, 2025 /PRNewswire/ — Sumsub, a global full-cycle verification platform, today announces its Travel Rule SDK solution is now available for crypto, fintech, and iGaming businesses. It is designed to be easily incorporated directly into client apps, enabling companies to automate compliance checks and verify sender/recipient information in real time to ensure Travel Rule compliance.

Travel Rule, known as FATF Regulation 16, requires VASPs to share originator and beneficiary data on crypto transactions. With more countries enforcing Travel Rule each year, it is continually becoming an obligatory part of virtual asset transfers. However, implementation challenges remain acute for crypto providers operating globally, with jurisdictions imposing different requirements and thresholds, and governments not providing any unified approach or standard. On top of that, collecting and transmitting compliance data during crypto transactions creates friction, slowing things down and urging users to leave the app without finishing the transfer.

To address the aforementioned challenges, Sumsub offers Travel Rule SDK, letting crypto companies build effective, user-friendly compliance flows. Key benefits include:

• Easy setup with minimum engineering effort, ensuring quick integration into the app and reduced development costs;
• Flexible and fully customizable workflow, with pre-configured country-specific requirements as rules and automatic jurisdiction detection;
• Effortless collection of additional data during deposits, withdrawals and transfers to meet Travel Rule compliance requirements;
• Access to the largest and fastest-growing Travel Rule ecosystem of 1,700+ VASP;
• VASP attribution, secure communication coupled with unhosted wallet verification feature;
• Real-time transaction updates allowing to take immediate action;
• Seamless and speedy user experience that reduces drop-offs by 35%, on average.

“While Travel Rule compliance logic is complex, failure to adhere to the regulation is associated with high reputational, legal and financial risks. Sumsub offers flexible integration options–SDK, API and protocols–built to simplify Travel Rule compliance programs for VASPs and other regulated entities engaged in crypto transfers,” explains Andrew Novoselsky, CPO at Sumsub. “Without sophisticated custom builds, our SDK automatically integrates all the necessary compliance checks while keeping the UX seamless, thus allowing teams to focus on their core business goals.”

To find out more about Sumsub’s Travel Rule solution for the crypto industry, please go to https://sumsub.com/travel-rule/

About Sumsub

Sumsub is the #1 verification provider for the crypto industry working with 8 out of 10 top global crypto exchanges. With Sumsub’s customizable KYC, KYB, Travel Rule, Non-Doc Verification, AML Screening, Address Verification, Crypto Transaction Monitoring and Fraud Prevention solutions, you can orchestrate your verification process, welcome more customers worldwide, maximize pass rates, meet compliance requirements, reduce costs, and protect your business.

With over 4000 clients across crypto, fintech, gaming, mobility and edtech industries, Sumsub supports the largest Travel Rule ecosystem of 1700+ virtual asset service providers (VASPs). Having integrated TRP, GTR (owned by Binance), CODE, and Sygna, Sumsub offers fully interoperable single communication Travel Rule protocol, which aims to automate data transfers, reporting, and transaction screening to improve compliance, security, and transparency.

View original content to download multimedia:https://www.prnewswire.com/news-releases/customer-drop-offs-cut-by-35-with-sumsubs-new-travel-rule-sdk-for-crypto-apps-302473245.html

SOURCE Sumsub

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SHENZHEN, China, June 3, 2025 /PRNewswire/ — MicroCloud Hologram Inc. (NASDAQ: HOLO), (“HOLO” or the “Company”), a technology service provider, announced that they have purchased up to $200 million in Bitcoin and cryptocurrency-related securities derivatives. As of Jun. 03, the  cumulative investment income has reached $19.08 million. HOLO currently holds $303 million in cash reserves. The company plans to allocate these $303 million reserves toward derivatives and technology development in cutting-edge fields such as Bitcoin-related blockchain, quantum computing, quantum holography, and AI-powered AR.This move marks HOLO’s further exploration and practice in the cryptocurrency sector while also demonstrating its determination and strategic vision for future business expansion.

The purchased Bitcoin and its derivatives this time will be incorporated into HOLO’s capital reserve strategy, aiming to enhance the company’s financial stability and long-term growth potential through diversified investments. HOLO stated that purchasing Bitcoin and cryptocurrency derivatives is a key initiative in its exploration of the cryptocurrency market, helping it gain insights into market mechanisms, price fluctuations, and investment strategies. Through this plan, HOLO seeks to accumulate valuable experience for future business expansion and capital operations in the cryptocurrency sector.

The company currently holds approximately $303 million in cash reserves. The allocated funds of up to $200 million will primarily be used to invest in Bitcoin or other cryptocurrencies with significant market influence and growth potential, as well as related securities derivatives. These assets will become a crucial part of HOLO’s financial reserves, helping to enhance the diversity and risk resilience of its overall asset portfolio. Meanwhile, HOLO also announced that its the  cumulative investment income have now reached $19.08 million. This figure highlights HOLO’s commitment to maintaining a strong financial position while also striving to create long-term value for its shareholders. HOLO emphasized that it will continue to uphold a prudent business strategy, enhance profitability and market competitiveness, and generate greater returns for its shareholders.

As a technology service provider, HOLO has also achieved significant breakthroughs in quantum system research and large-scale DeepSeek integration. These technological innovations not only provide strong support for HOLO’s investments in the cryptocurrency sector but also lay a solid foundation for its future business expansion.

With the continuous growth of the cryptocurrency market, more and more enterprises are entering this field. As one of the pioneers, HOLO’s investment decisions and strategic planning will undoubtedly serve as a model for other companies. Moving forward, HOLO will continue to explore and advance in the cryptocurrency sector, creating greater value for its shareholders while making a positive contribution to the overall development of the industry.

About MicroCloud Hologram Inc.

MicroCloud is committed to providing leading holographic technology services to its customers worldwide. MicroCloud’s holographic technology services include high-precision holographic light detection and ranging (“LiDAR”) solutions, based on holographic technology, exclusive holographic LiDAR point cloud algorithms architecture design, breakthrough technical holographic imaging solutions, holographic LiDAR sensor chip design and holographic vehicle intelligent vision technology to service customers that provide reliable holographic advanced driver assistance systems (“ADAS”). MicroCloud also provides holographic digital twin technology services for customers and has built a proprietary holographic digital twin technology resource library. MicroCloud’s holographic digital twin technology resource library captures shapes and objects in 3D holographic form by utilizing a combination of MicroCloud’s holographic digital twin software, digital content, spatial data-driven data science, holographic digital cloud algorithm, and holographic 3D capture technology. For more information, please visit http://ir.mcholo.com/

Safe Harbor Statement

This press release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When the Company uses words such as “may,” “will,” “intend,” “should,” “believe,” “expect,” “anticipate,” “project,” “estimate,” or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause the actual results to differ materially from the Company’s expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the following: the Company’s goals and strategies; the Company’s future business development; product and service demand and acceptance; changes in technology; economic conditions; reputation and brand; the impact of competition and pricing; government regulations; fluctuations in general economic; financial condition and results of operations; the expected growth of the holographic industry and business conditions in China and the international markets the Company plans to serve and assumptions underlying or related to any of the foregoing and other risks contained in reports filed by the Company with the Securities and Exchange Commission (“SEC”), including the Company’s most recently filed Annual Report on Form 10-K and current report on Form 6-K and its subsequent filings. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company’s filings with the SEC, which are available for review at www.sec.gov. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.

View original content:https://www.prnewswire.com/news-releases/microcloud-hologram-inc-announces-it-has-purchased-up-to-200-million-in-bitcoin-and-cryptocurrency-related-securities-derivatives-with-a-current-cumulative-investment-income-of-19-08-million-302472141.html

SOURCE MicroCloud Hologram Inc.

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NOTTINGHAM, England, June 3, 2025 /PRNewswire/ — Helium Wars, the much-anticipated AAA third-person Web3 shooter, has officially launched its Testnet on the SEI Network – and the gaming community has responded with overwhelming energy.

Day-one highlights:

• 700+ closed access invites filled in under 2 hours
• 500+ PvP matches fought across dynamic battle arenas
• 1,500+ players active in the in-game lobby
• Average session time: 65+ minutes

This explosive debut signals rising demand for competitive, skill-first blockchain games. Helium Wars blends responsive shooter mechanics with real digital ownership through NFTs and its native $HELM token economy.

“Helium Wars is more than a game – it’s a statement about where Web3 gaming is headed,” said Josh, Founder at Helium Wars. “From day one, our focus has been delivering AAA gameplay with real asset ownership, and the response to our Testnet proves the community is ready.”

Helium Wars: A Tactical Shooter With Real Stakes

Set on the fractured planet Zaeon, Helium Wars immerses players in a resource war over Helium -a powerful energy source with immense value. Players join one of two rival factions: the technologically dominant Aetherians or the elemental Valerians, each with distinct lore and combat strategies.

Built on Unreal Engine 5, the game features high-fidelity environments and smooth controls across core modes like Deathmatch, Team Deathmatch, and the signature ‘Helium Wars’ resource-control mode. All in-game assets – gear, weapons, cosmetics – are minted as NFTs, empowering players with true tradability and utility beyond the battlefield.

Through $HELM tokens, players will:

• Stake, earn, and participate in in-game governance
• Influence future game direction through DAO-based voting
• Trade, upgrade, or transfer NFTs that hold real value across the ecosystem

The long-term vision is to evolve into a fully decentralized, cross-game universe – blending immersive gameplay with a sustainable, player-powered metaverse. Helium Wars is shaping up to be more than a game. It’s becoming a decentralized battleground where strategy, skill, and ownership collide.

Enter the battlefield. Dominate. Own it.

X: @0xHeliumWars
Discord: Join the War Room

Photo: https://www.007stockchat.com/wp-content/uploads/2025/06/Helium_Wars_Testnet_Launch.jpg

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SOURCE Helium Wars

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Binance‘s global flagship trading event introduces Trader’s Passport for users to track their performance across competitions and new Regional Categories to promote friendly competition

DUBAI, UAE, June 2, 2025 /PRNewswire/ — Binance, the global blockchain ecosystem trusted by over 270 million users worldwide, is excited to announce Binance Traders League Season 2 with a prize pool of up to $6 million. Traders League is Binance‘s flagship trading competition where traders from around the world go head-to-head for crypto rewards and is a fun and engaging way to celebrate our users and for them to connect. Pre-registration starts today, from 2 to 8 June 2025, and the trading activity period will run from 9 June to 6 July 2025.

Users can enjoy enhanced solo and team competitions across spot and futures, a refreshed landing page featuring shareable widgets, a trader’s “Passport” to track their performance across competitions, and a new and exciting regional competition category.

Rachel Conlan, CMO at Binance, shared, “We are introducing a number of new features in Traders League Season 2, such as regional teams to promote camaraderie and a Trader’s Passport for users to track their personal achievements across competitions. The variety of competition categories and tasks ensures there will always be a category and activity for every user regardless of their experience levels. Binance Traders League provides a platform for traders from around the world to exchange their knowledge and is a rewarding way to connect.” 

One of the new highlights of Traders League will see users who register automatically be part of a regional team based on their KYC location to compete for prizes, as well as be automatically added to their region’s open solo competition categories. The available regions are Asia, CIS & Europe, LATAM, Africa, and MENA.

Overview of Traders League competitions and prize pool:
Spot Traders League – total prize pool of up to $1.8 million

• Comprising Solo ROI Competition and Team PnL Competition
• Users eligibility: All verified regular and VIP 1-6 users, except liquidity providers
• Eligible trading pairs: All trading pairs except zero fees trading pairs

Futures Traders League – total prize pool of up to $3 million

• Comprising Solo ROI Competition and Team PnL Competition
• Bonus rewards for new Binance Futures users
• Users eligibility: All verified regular and VIP 1-6 users, excluding market makers.
• Eligible trading pairs: All USD?-M contracts and COIN-M contracts on Binance Futures

Side Tasks, Regional ROI Competitions and Side Quests – total prize pool of $1.2 million

• Side Tasks with a prize pool of $1 million
• Regional ROI Competition prize pool of $100k
• Affiliates Booster prize pool of $50k
• Trading Live Showdown prize pool of $50k — where Futures trading content creators can stream their strategy on Binance Square to grow their audience and compete for prizes

For more information and terms and conditions, visit the Binance Traders League here.

Disclaimer: The products and services referred to herein may be restricted in certain jurisdictions or regions or to certain users, in accordance with applicable legal and regulatory requirements. These materials are intended only for those users who are permitted to access and receive the products and services referred to and are not intended for users to whom restrictions apply. Digital asset prices can be volatile. The value of your investment may go down or up and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. Futures trading, in particular, is subject to high market risk and price volatility. You may be called upon at short notice to make additional margin deposits or interest payments. If the required margin deposits or interest payments are not made within the prescribed time, your collateral may be liquidated. Moreover, you will remain liable for any resulting deficit in your account and interest charged on your account. All of your margin balance may be liquidated in the event of adverse price movement. Past performance is not a reliable predictor of future performance. Before trading, you should make an independent assessment of the appropriateness of the transaction in light of your own objectives and circumstances, including the risks and potential benefits. Consult your own advisers, where appropriate. This information should not be construed as financial or investment advice. To learn more about how to protect yourself, visit our Responsible Trading page. For more information, see our Terms of Use and Risk Warning.

About Binance

Binance is a leading global blockchain ecosystem behind the world’s largest cryptocurrency exchange by trading volume and registered users. Binance is trusted by more than 270 million people in 100+ countries for its industry-leading security, transparency, trading engine speed, protections for investors, and unmatched portfolio of digital asset products and offerings from trading and finance to education, research, social good, payments, institutional services, and Web3 features. Binance is devoted to building an inclusive crypto ecosystem to increase the freedom of money and financial access for people around the world with crypto as the fundamental means. For more information, visit: https://www.binance.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/binance-traders-league-returns-with-6-million-prize-pool-and-new-enhancements-including-regional-competitions-and-traders-passport-302470362.html

SOURCE Binance

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