Cryptocurrency Archives - Page 16 of 277

Casio to Deliver Metaverse-Based Experiences in Collaboration Between G-SHOCK and The Sandbox

Offering Limited-Edition NFTs and Game Content Expressing the Brand’s Worldview

TOKYO, Aug. 5, 2025 /PRNewswire/ — Casio Computer Co., Ltd. announced today a collaboration with the Web3^*[1] metaverse gaming platform The Sandbox as part of the VIRTUAL G-SHOCK project involving the G-SHOCK brand of shock-resistant watches. In an ongoing rollout beginning September 3th, game content offering experiences of the G-SHOCK worldview will be made available, along with limited-edition non-fungible tokens (NFTs) and avatars.

*^[1] Web3 (Web 3.0) refers to the next generation of the Internet, a decentralized network realized with blockchain technology.

Now, as part of the project, G-SHOCK City will be made available on the Web3 metaverse gaming platform The Sandbox, and limited-edition NFTs will be sold. Visitors to G-SHOCK City will have opportunities to learn about G-SHOCK history in an adventure-game format and enjoy survival races based on a shock-resistance testing theme.

Overview of the “G-SHOCK Droid Collection” Avatar Sale

A robot-style official avatar for The Sandbox, inspired by the iconic G-SHOCK design, will be released. Based on G-SHOCK four iconic styles — DW-5600, DW-6900, GA-110, and GA-2100 — as well as the bold and oversized GA-V01, each avatar features a unique design that makes the most of the special properties of NFTs.

Schedule

Allowlist^*[2] registration start date: 2:00pm, August 5 (Tues), 2025 (UTC)
Date of sales launch: 2:00pm, September 3 (Wed), 2025 (UTC)

*^[2] Register of pre-approved users with preferential rights to purchase NFTs

Sales prices

*^[3] SAND is the native utility token of The Sandbox, used for participating in the platform’s ecosystem, purchasing items, and accessing experiences.

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PrimeXBT expands global payment options with Skrill e-wallet integration

CASTRIES, Saint Lucia, Aug. 4, 2025 /PRNewswire/ — PrimeXBT, a leading multi-asset broker, has announced the launch of a new global payment method, the Skrill e-wallet. This move marks another step in PrimeXBT’s ongoing efforts to enhance fast, secure, and user-friendly transaction options for traders around the world.

The newly integrated Skrill e-wallet supports USD transactions, enables instant deposits and withdrawals, and comes with no associated fees. With a minimum transaction of $5 and a maximum of $5,000, it offers a convenient and flexible solution for both first–time users and seasoned traders operating across global markets.

According to PrimeXBT, payment speed, security, and accessibility are essential to a seamless trading environment. With the addition of Skrill, the broker continues to streamline transactions and adapt to the evolving needs of its growing international user base.

Skrill is now part of a wide suite of international and region-specific payment options available at PrimeXBT, including SWIFT, Neteller, Binance Pay, and local methods such as PIX, UPI, EasyPaisa, JazzCash, and CapitecPay. This broad selection helps users in both developed and emerging markets fund and withdraw in ways aligned with their regional infrastructure and individual preferences.

This integration reflects PrimeXBT’s wider commitment to expanding its global reach by strengthening infrastructure and offering localised payment solutions that empower traders to engage with multi-asset markets on their own terms.

To find out more, users can visit the PrimeXBT website.

About PrimeXBT

PrimeXBT is a global multi-asset broker trusted by over 1,000,000 traders in 150+ countries, offering a next-generation trading experience that bridges traditional and digital finance. Clients can trade CFDs on Stocks, Indices, Commodities and Crypto, as well as Crypto Futures and Forex. PrimeXBT also enables clients to buy and sell cryptocurrencies, store them in secure built-in wallets, and instantly exchange crypto to crypto or fiat to crypto, all within one integrated environment. Since 2018, PrimeXBT has made investing more accessible by lowering barriers to entry and providing secure, easy access to financial markets. This accessibility extends across its native web and mobile platforms, MetaTrader 5, and a variety of funding options in crypto, fiat, and local payment methods. Committed to putting clients first, PrimeXBT empowers traders of all levels with innovative tools and industry-leading conditions, delivering a better way to trade.

Disclaimer: The content provided here is for informational purposes only and is not intended as personal investment advice and does not constitute a solicitation or invitation to engage in any financial transactions, investments, or related activities. Past performance is not a reliable indicator of future results. The financial products offered by the Company are complex and come with a high risk of losing money rapidly due to leverage. These products may not be suitable for all investors. Before engaging, you should consider whether you understand how these leveraged products work and whether you can afford the high risk of losing your money. The Company does not accept clients from the Restricted Jurisdictions as indicated on its website / T&Cs. Some services or products may not be available in your jurisdiction. Payment methods vary by region. The applicable legal entity and its respective products and services depend on the client’s country of residence and the entity with which the client has established a contractual relationship during registration. Payment details mentioned herein may be subject to future changes.

Contact
PrimeXBT
pr@primexbt.com

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SOURCE PrimeXBT

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BingX Labs Marks One Year of Web3 & AI Innovation with $16Million in Strategic Investments

PANAMA CITY, Aug. 1, 2025 /PRNewswire/ — BingX, a leading cryptocurrency exchange and Web3 AI company, announced the first anniversary of BingX Labs, its dedicated investment and incubation arm. Over the past year, BingX Labs has established itself as a key strategic investor, partner, and developer ally, driving innovation at the intersection of Web3, AI, and decentralized finance.

Since its launch in 2024, BingX Labs has committed $16 million in investments across high-impact projects and protocols such as Babylon and StakeStone, alongside strategic collaborations with leading partners including IOSG, Kaia foundation, and Hackquest to support broader Web3 and AI ecosystem growth. These partnerships exemplify BingX Labs’ approach — fostering strategic collaborations with the builders of core infrastructure for the next phase of Web3 and AI adoption.

Beyond financial backing, BingX Labs has become a hub of research and innovation. The Labs team is actively exploring key emerging sectors such as RWA (Real-World Assets), DeFi, and AI agents. With regular webinars and developer meetups, BingX Labs connects with global builder communities to share insights and collaborate on the next wave of technological breakthroughs. BingX Labs has also reinforced its position as a key player in the Web3 and AI space by sponsoring and attending major international events like Consensus and the Token 2049.

Vivien Lin, Head of BingX Labs and Chief Product Officer at BingX, commented:”In its first year, BingX Labs has evolved into more than an investment platform — it is a catalyst for the next generation of Web3 and AI innovation. By combining deep research, strategic partnerships, and strong developer engagement, we are building the infrastructure to support breakthrough projects that will shape the future of AI and decentralized technology. Looking ahead, our commitment to empowering developers and partners in these transformative sectors will continue to be our guiding principle.”

Looking ahead, BingX Labs plans to deepen its research, expand partnerships, and explore new opportunities, especially in AI-powered decentralized applications, with a continued focus on uncovering the next wave of transformative projects.

About BingX

Founded in 2018, BingX is a leading crypto exchange and Web3 AI company, serving a global community of over 20 million users. With a comprehensive suite of AI-powered products and services, including derivatives, spot trading, and copy trading, BingX caters to the evolving needs of users across all experience levels, from beginners to professionals. Committed to building a trustworthy and intelligent trading platform, BingX empowers users with innovative tools designed to enhance performance and confidence. In 2024, BingX proudly became the official crypto exchange partner of Chelsea Football Club, marking an exciting debut in the world of sports sponsorship.

For more information please visit: https://bingx.com/

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Bybit Introduces Global Credit Incentive for TradFi Platform Adoption

DUBAI, UAE, Aug. 1, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is launching a global campaign to accelerate adoption of its newly enhanced Bybit TradFi* platform. Previously known as Gold & FX, the revamped service enables users to trade traditional financial instruments such as gold, forex, stock CFDs, commodities, and indices — all seamlessly integrated within the Bybit app and MT5 platform.

Since its soft launch, Bybit TradFi has seen exceptional early engagement. To build on this momentum, Bybit is offering up to 1,100 USDT in credit per eligible user as part of a that is now live and running through September 30, 2025. The promotion is available to users who have not previously opened a TradFi account. To qualify, participants must complete Identity Verification Level 2 and receive confirmation via email or push notification that their credit eligibility is active. Only deposits or internal transfers made after this confirmation will be counted toward credit allocation.

Credits distributed through the campaign can be used exclusively to trade TradFi products. Any profits earned using the credit are fully withdrawable. However, any withdrawal or internal transfer of the original deposit will result in a proportional reduction of the credited amount, based on the ratio between the withdrawn amount and the user’s net deposit.

The campaign is subject to an overall reward pool limit and may conclude early once fully allocated. The promotion is not open to institutional users, Market Makers, or residents of restricted jurisdictions, including the United States, United Kingdom, European Economic Area (EEA), India, Singapore, and others as outlined in Bybit’s compliance policy.

Full campaign details and terms are available via the official Bybit’s Help Center or Learn Portal.

*Bybit TradFi is powered by Infra Capital (Mauritius FSC licensed).

#Bybit / #TheCryptoArk / #BybitTradFi

Bybit Introduces Global Credit Incentive for TradFi Platform Adoption

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

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Digital Asset Treasury Companies Face Growing Risks

Digital asset treasury companies (DATCOs) are on the rise, but their rapid expansion may be building systemic risk into the crypto ecosystem. A new report from Galaxy Digital, a leading crypto financial services firm, warns that these companies may be repeating dangerous patterns from history—patterns that could unravel the very market they’re helping to build.

DATCOs are public companies that use their equity capital to accumulate Bitcoin (BTC), Ethereum (ETH), and other digital assets. The model, made famous by MicroStrategy Inc. (NASDAQ:MSTR), is now being mimicked by a growing list of firms such as Metaplanet Inc. (TSE:3350) and SharpLink Gaming Ltd. (NASDAQ:SBET). Altogether, DATCOs now hold more than $100 billion in digital assets.

The Fragile Math Behind DATCOs

The financial structure of digital asset treasury companies relies on one crucial condition: that their stock price remains higher than the net asset value (NAV) of their holdings. As long as this equity premium exists, they can raise capital by issuing new shares, buy more crypto, and boost their NAV even further.

But if this premium evaporates—or worse, flips into a discount—the model breaks down. Galaxy compares this reflexive loop to the investment trust bubble of the 1920s, where speculative fever drove investors into highly leveraged entities like the Goldman Sachs Trading Corporation, which was essentially the MicroStrategy of its time. The bubble eventually burst with devastating consequences.

Galaxy warns that a similar speculative pathology could be at play today. “The playbook is clear, and capital is pouring in,” the report notes. “But this is part of the risk.”

A Crowded and Correlated Trade

If a handful of companies followed this strategy in isolation, the risks might be manageable. But Galaxy observes that “ten or so firms a week are now crowding into this trade.” These digital asset treasury companies are not only pursuing the same strategy—they’re highly correlated to one another and to the underlying crypto markets.

This creates a structurally fragile situation: if investor sentiment turns, crypto prices drop, or liquidity tightens, redemptions and stock buybacks could cascade across the sector. As companies begin selling off assets to support their stock prices or operations, it could create significant downward pressure on crypto prices, Galaxy said.

Even a halt in net accumulation could remove one of the strongest supports for Bitcoin this cycle—namely, the persistent buying from corporate treasuries.

Early Warning Signs and What Comes Next

The cracks are already showing. Some DATCOs are beginning to trade below their NAV, prompting stock buybacks to close the discount. One such example is Bitmine, which has secured board approval to repurchase up to $1 billion in shares.

Galaxy suggests this could lead to a new wave of consolidation in the sector. Premium-trading firms like MicroStrategy (NASDAQ:MSTR) may acquire smaller players trading at a discount, effectively buying Bitcoin at a reduced price using their own overvalued stock. But this only works as long as the acquiring firms themselves maintain that premium.

If sentiment shifts and premiums vanish, the DATCO model could collapse under its own weight.

Implications for the Broader Crypto Market

As digital asset treasury companies grow larger, their market impact intensifies. An unwind of this strategy could dampen institutional enthusiasm for crypto and slow inflows into crypto ETFs—a key channel for retail and professional investors alike.

Galaxy concludes that if this cycle ends in a mass unwind, it could “weaken the strongest tailwind crypto has had”: the normalization of digital assets on corporate balance sheets. Without that support, the crypto market may face a more volatile and uncertain future.