DUBAI, UAE, Aug. 8, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has announced another chapter in Web3 infrastructure with the brand new Bybit Web3.

Returning from the hiatus in May this year when the restructuring commenced, Bybit Web3 is back and better on a mission to unlock access for millions of users worldwide. The new edition reimagines the on-chain experience with innovative offerings and a seamless user journey.

Barrier-Free Onchain Experience

The strategic upgrade adopts a fresh approach to on-chain trading integrating core DeFi functionalities and benefits into Bybit’s trading platform, removing the hassle of setting up and managing multiple Web3 wallets and gas tokens.

Achieving on-chain trading without complex setup and management of on-chain wallets and gas tokens, Bybit Web3 distills DeFi opportunities into one user-friendly interface. No external wallets, no gas tokens required—with only their Bybit UTA (Unified Trading Account) using USDT, USDC, SOL or bbSOL, users can explore on-chain trading and DeFi activities on Bybit Web3.

Bybit users can seamlessly navigate between the centralized exchange and Web3, directly trading the most sought-after on-chain assets include TUNA, PUMP, FRAG, Fartcoin, JLP, RAY, MOODENG, LetsBONK, TSLAx, MSTRx, SPYx, CRCLx and NVDAx on the Solana network.

Bybit Web3 Exclusive: Limited-Time Prize Pool

From now until September 7, 2025, eligible Bybit Web3 users can unlock a new prize pool of 200,000 USDT in two events:

1. Task-Based Rewards: successful participants will earn Lucky Draw Tickets to unlock a 120,000 USDT prize pool; simple tasks include making the first Web3 trade in any amount.
2. Performance-Based Competition: more confident Web3 traders can compete for top spots in the leaderboards by volume, for a chance to win up to 80,000 USDT.

Rewards are distributed on a first come, first served basis. Terms and conditions apply.

Bybit Web3 fuses the potential of Web3 and the convenience of the centralized experience, offering users the flexibility and support in an innovative model. With more features such as on-chain and off-chain arbitrage opportunities on the roadmap, getting ahead on-chain has never been easier.

#Bybit / #TheCryptoArk / #BybitWeb3

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

View original content to download multimedia:https://www.prnewswire.com/news-releases/the-new-bybit-web3-is-herefueling-on-chain-thrills-with-200-000-up-for-grabs-302525189.html

SOURCE Bybit

Featured Image: depositphotos @ PromesaStudio

Disclaimer

As Dogecoin (DOGEUSD) cools off, a newer Ethereum-based altcoin is commanding serious attention. Rollblock crypto (RBLK), a GameFi project built on utility and user rewards, is quickly emerging as one of 2025’s top contenders. While meme coin hype lingers around Dogecoin, Rollblock’s working product, deflationary model, and surging presale raise eyebrows—and capital.

What Is Rollblock Crypto?

Rollblock crypto is the native token powering Rollblock, a fully functional Web3 gaming platform. Built on the Ethereum blockchain, the platform hosts over 12,000 live games ranging from blackjack and poker to slot machines and sports prediction leagues. Every transaction—every bet, spin, and payout—is verified on-chain, ensuring transparency and fairness in the $500 billion online gaming industry.

RBLK isn’t just a speculative asset. It offers real-world utility and weekly crypto rewards through a deflationary system involving buybacks, staking, and token burns. Already, more than $15 million in wagers have been processed, and the platform is fully licensed under Gaming Anjouan and audited by SolidProof.

Unlike most meme tokens, Rollblock crypto is delivering value from day one.

Institutional Investors Are Getting In

In a space often flooded with vaporware, Rollblock stands out for its credibility and performance. Its presale has already raised over $11.4 million, and over 82% of its token supply has been claimed. The project has attracted attention from crypto influencers and early-stage venture capital, driven by mechanics designed to reward long-term holders.

Every week:

• 30% of platform revenue is used to buy back RBLK

• 60% of those tokens are burned, reducing total supply

• 40% is distributed to stakers with APYs up to 30%

Add fiat on-ramping (Visa, Google Pay, Apple Pay) and capped supply—only 1 billion tokens exist—and Rollblock becomes one of the most strategically designed assets in 2025.

Dogecoin: Waiting for a Comeback

Meanwhile, Dogecoin (DOGEUSD) is showing signs of dormancy. The popular meme coin is down 6% over the past 7 days, currently hovering at $0.210. While Dogecoin’s massive following keeps sentiment alive, momentum indicators like RSI and MACD remain neutral, suggesting investors are waiting for a catalyst.

As @David_kml tweeted:
“The dog is quiet, but not asleep… When DOGE wakes up, the market will hear it.”

Dogecoin’s simplicity, cultural power, and historical significance can’t be ignored, but unlike Rollblock crypto, it lacks real utility and continues to be inflationary—with over 143 billion tokens in circulation and no maximum supply cap.

Head-to-Head: Rollblock vs Dogecoin

One coin is making noise, the other is making money.

Is Rollblock Crypto the Better Buy?

For investors hunting for high-upside altcoins during the 2025 bull run, Rollblock crypto checks all the boxes. It’s already delivering utility through a licensed gaming platform, it offers real staking rewards, and it has a deflationary token model backed by platform revenues—not just hype.

With exchange listings on the horizon and a hard presale close in 54 days, RBLK has a clear path to breakout performance. And with a current price of just $0.068, it remains accessible for retail and institutional players alike.

Dogecoin’s next move may still surprise markets, but in the meantime, Rollblock crypto is already on the move—and it’s not slowing down.

Featured Image: Freepik 

Please See Disclaimer

The BNB crypto (BNBUSD), native to the Binance ecosystem, has re-entered the spotlight in 2025. Following a muted 2024 performance, BNB has finally edged out a new all-time high — but it still trails behind major peers like Bitcoin (BTCUSD) and Ethereum (ETHUSD). Now investors are asking: is BNB crypto a smart buy at these elevated levels, or is it safer to wait for a pullback?

What Is BNB Crypto?

BNB is the utility token powering the Binance Smart Chain and Binance Exchange, the largest crypto exchange by volume worldwide. It’s one of the few tokens in the digital asset space with true utility: it’s used for trading fee discounts, transaction fees, smart contracts, and more.

As the Binance ecosystem expands, BNB crypto continues to play a central role in powering that growth. Despite this, its price action in 2024 remained relatively subdued, delivering only modest returns as Bitcoin soared ahead.

Year-to-date, Bitcoin is up 25%, Ethereum 20%, and BNB lags with an 11% gain — until now.

BNB Gets a Boost From Corporate Adoption

One of the biggest catalysts for BNB crypto recently was the unexpected pivot by CEA Industries. The Nasdaq-listed firm (formerly trading under ticker VAPE) announced it would rebrand to BNB Network Company (BNC) and center its corporate treasury strategy around holding BNB.

The company secured a $500 million private placement to support this strategy, attracting heavyweight investors like Pantera Capital, Arche Capital, Exodus Point, and Blockchain.com. Cantor Fitzgerald acted as the lead financial advisor and placement agent.

This move positions the newly named BNB Network Company as a corporate giant among BNB holders — comparable to MicroStrategy’s (NASDAQ:MSTR) Bitcoin strategy. After the announcement, BNB surged to a new all-time high above $860 per coin.

Network Upgrades Drive Utility and Adoption

While corporate interest helps with price momentum, technical upgrades are what give BNB crypto lasting power.

In 2025, BNB Chain has significantly upgraded its infrastructure:

• Block time was reduced to 0.75 seconds

• Average transaction fees now sit near $0.01

• Daily volume hit 17.6 million transactions last month

The auto-burn mechanism also completed its 32nd burn cycle, removing 1.59 million BNB from circulation — a deflationary move that tightens supply.

U.S.-listed companies are taking notice. Windtree Therapeutics (NASDAQ:WINT) plans to allocate up to $520 million in BNB, while Nano Labs (NASDAQ:NA) aims to hold up to 10% of circulating supply, with purchases projected to exceed $1 billion.

These moves signal growing institutional confidence in BNB’s future — not just as a tradeable asset, but as a core reserve holding.

Technical Outlook: Can BNB Break $1,000?

From a technical perspective, BNB crypto recently broke above its 20-day moving average and has turned it into a new support level. That’s a bullish sign, but near-term resistance remains near $800 to $808.

If a broader altseason materializes — where alternative cryptocurrencies rally behind Bitcoin’s strength — BNB is well-positioned to ride that wave. Analysts and traders see $1,000 as a key psychological level that BNB could realistically test this cycle.

Should You Buy BNB Crypto Now?

With institutional adoption rising, upgrades boosting utility, and the altcoin market heating up, BNB crypto appears to be on solid footing. While it’s trading near record highs, the long-term trajectory suggests more upside — especially if the market enters full risk-on mode.

That said, investors concerned about near-term resistance may choose to wait for a pullback before entering. But for long-term holders, accumulating at current levels could still prove rewarding.

In short: BNB may not be the fastest horse in the race, but it remains one of the most fundamentally sound cryptos out there — and a prime contender for gains in the next crypto cycle.

Featured Image:  Freepik © ruslan_ivantsov

Please See Disclaimer

Headline Summary: Dr. Benjamin Stong, founder of Kalos Facial Plastic Surgery in Atlanta, was recently featured on The Bitcoin Fellowship YouTube show for his extensive knowledge of Bitcoin, Strategy (MSTR), and Metaplanet (MTPLF), as well as his pioneering decision to accept BTC at his practice. The 80-minute interview highlights his role as a leader in real-world Bitcoin adoption among medical professionals and small businesses.

ATLANTA, Aug. 7, 2025 /PRNewswire/ — Dr. Benjamin Stong, founder of Kalos Facial Plastic Surgery, Kalos Hair Transplant and The K Spa in Atlanta, was recently featured on The Bitcoin Fellowship, a leading show and YouTube channel dedicated to Bitcoin thought leadership and real-world adoption. The 80-minute interview, now available on The Bitcoin Fellowship YouTube channel, showcases Dr. Stong’s deep knowledge of Bitcoin, his insights on Bitcoin treasury companies like Strategy (MSTR) and Metaplanet (MTPLF), and his pioneering decision to accept BTC as payment for procedures at his practice.

Dr. Stong was invited as a guest for his unique perspective as a dual board-certified facial plastic surgeon and small business owner who has embraced Bitcoin not only as an asset but as a core part of his financial strategy.

“Bitcoin is more than an investment—it’s a financial revolution,” said Dr. Stong. “By studying companies like Strategy and Metaplanet, and by implementing Bitcoin in my own practice, I hope to inspire other professionals to understand and adopt sound money principles.”

During the interview, Dr. Stong explained why he believes small businesses should accept and hold Bitcoin, how BTC provides protection against fiat currency devaluation, and why exclusive BTC acceptance positions Kalos at the forefront of innovation in both healthcare and finance.

The episode is part of The Bitcoin Fellowship‘s mission to highlight real-world Bitcoin adoption stories, bridging the gap between professional industries and the rapidly growing digital asset economy.

“It was an honor to join The Bitcoin Fellowship and connect the worlds of medicine, entrepreneurship, and Bitcoin,” Dr. Stong said. “Our patients appreciate innovation in care, and now we offer that same forward-thinking approach in how we do business.”

The full interview can be viewed on The Bitcoin Fellowship YouTube channel.

More About Dr. Benjamin Stong

Dr. Benjamin Stong is the founder of Kalos Facial Plastic Surgery, The K Spa, and Kalos Hair Transplant in Atlanta, Georgia. He is a dual board-certified facial plastic surgeon who earned his medical degree from the University of Alabama School of Medicine, completed his surgical training at Emory University, and trained under Dr. Andrew Jacono in New York for his fellowship in facial plastic and reconstructive surgery. Nationally recognized for his innovative techniques and early Bitcoin adoption, Dr. Stong continues to lead in both aesthetic medicine and modern business practices.

For more information, visit www.kalos-plasticsurgery.com.

Media Contact
Dr. Benjamin Stong
Kalos Facial Plastic Surgery
(404) 963-6665

View original content to download multimedia:https://www.prnewswire.com/news-releases/atlanta-facial-plastic-surgeon-and-bitcoin-advocate-dr-benjamin-stong-featured-on-the-bitcoin-fellowship-show-302524383.html

SOURCE Kalos Facial Plastic Surgery, LLC

Featured Image: depositphotos @ ilolab 2

Disclaimer

With digital assets becoming more mainstream, crypto tax reporting is no longer optional or obscure. As regulations tighten for the 2025 tax year, anyone who buys, sells, trades, or earns cryptocurrency must understand how these transactions are taxed—or risk hefty penalties from the IRS.

Recent IRS actions and regulatory changes mean crypto tax reporting will be a top priority in 2026 filings. Form 1099-DA, wallet-level tracking, and enhanced scrutiny over DeFi and staking activities are raising the stakes for crypto investors across the board.

Cryptocurrencies Are Taxable by Default

A common misconception among newer investors is that crypto isn’t taxed because it’s “decentralized.” According to tax attorney and CPA Chad Cummings, that assumption is wrong. All digital asset transactions are subject to the Internal Revenue Code. That includes transactions even if the crypto remains in a wallet or was never converted to fiat currency.

If you’ve traded or spent crypto in 2025, crypto tax reporting obligations apply.

Know When You’ll Be Taxed

Not every crypto action triggers taxes. Simply buying and holding a cryptocurrency does not create a taxable event. However, you’ll need to report capital gains or losses when:

• You sell cryptocurrency for fiat

• You trade one crypto for another

• You use crypto to buy goods or services

• You receive crypto for work or services rendered

Each of these actions requires you to calculate gains or losses based on the fair market value of the crypto at the time of the transaction.

Crypto Income: What Must Be Reported

Income from crypto is not just from selling. Receiving digital assets through mining, staking, or airdrops also counts as income and must be reported the year it’s received. This income is taxed at ordinary income rates, and even unsolicited airdrops are taxable.

For example, if you received staking rewards on a platform like Coinbase (NASDAQ:COIN) or tokens through DeFi farming, these are considered gross income under IRS rules.

Tracking Cost Basis Is Essential

Another major aspect of crypto tax reporting is accurately tracking your cost basis—the amount you originally paid for your crypto, including fees. When crypto is transferred between platforms or wallets, cost basis can get lost if not documented correctly.

For example, if you bought Bitcoin (BTC-USD) on Robinhood (NASDAQ:HOOD) and later moved it to another wallet, make sure to record the original value to calculate capital gains or losses accurately.

IRS Will Track Exchanges and Wallets

Starting with the 2025 tax year, new rules will require crypto exchanges to issue Form 1099-DA to report transactions directly to the IRS. Wallet-level tracking is now a must. Mismatches between your tax filing and exchange data could trigger audits or penalties.

Nicholas Slettengren, founder of Count On Sheep, warns: “Forget flying under the radar. Everything from DeFi to staking is on their watchlist now.”

How to Deduct Losses and Avoid Fines

You can deduct realized crypto losses to offset gains—up to $1,500 for individuals or $3,000 for joint filers. But if you don’t have accurate records to back up those claims, deductions could be denied.

In serious cases, failure to comply with crypto tax rules can result in penalties of up to 40%, plus interest—or even criminal charges.

Use Crypto Tax Software or a Pro

Given the complexity of crypto tax reporting, using specialized tools like CoinLedger or Koinly is highly recommended. These platforms integrate with exchanges and wallets to help track trades, calculate gains, and generate tax forms.

For large or complex portfolios, working with a blockchain-savvy tax professional can reduce your audit risk significantly.

Final Word: Stay Ahead of the Curve

Crypto tax rules are no longer in a legal gray zone. With the IRS stepping up enforcement, proper crypto tax reporting isn’t just a good idea—it’s a necessity. Keeping detailed records, reporting every taxable event, and using the right tools will save you from major headaches come April 2026.

Featured Image:  Freepik © ruslan_ivantsov

Please See Disclaimer