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DUBAI, UAE, Feb. 4, 2025 /PRNewswire/ – Bybit , the world’s second-largest cryptocurrency exchange by trading volume, redefines the ecosystem experience at the heart of MENA’s Web3 hub with the first brick-and-mortar Bybit Crypto Ark Experience Store. At the exclusive opening event on Jan. 17 at the Bybit headquarters, the brand-new space was unveiled to the global crypto community. A New Chapter in Ecosystem-Driven Innovation Welcoming diverse members of the crypto ecosystem, Bybit gave over 100 attendees a glimpse of Web3’s future through an immersive experience at Bybit’s famed Crypto Ark. The guests were treated to an evening of inspiring conversations and crypto innovations. Panels and pitches captured the latest trends and revolutionary solutions in crypto, featuring prominent guest speakers and founders from The Crypto Hub, Tiny Trader, the storied Ghaf Capital, PWR Chain, Griffin AI, Moonring, and Dragon Fram, among others. Speakers from Bybit also opened up with a deep dive into the platform, showcasing the advanced products and features most popular among its users. The rapid-fire session provided visitors with an overview of Bybit’s comprehensive offerings, from wealth management, institutional solutions, VIP programs, to Web3 product innovation, all within an hour. To The Heart of Innovation at the Crypto Ark The new hub of blockchain and crypto innovation spans an impressive 16,000 sq. ft. at Dubai’s CBD, fully dedicated to community building and the BUIDL ethos of the Web3 generation. It manifests Bybit’s vision to create an open space for dialogues both on-chain and in real life, driving forward blockchain innovation through collaborations and trust. “We welcome everyone who shares our passion for crypto and a smart-contract-enabled future, and it would be the highest honor to see changes materialize at the Bybit headquarters,” said Michelle D, UAE Country Manager at Bybit . “An ecosystem only thrives on a diverse supply chain of resources and talent. The Bybit’s Crypto Ark Experience Store provides traders with a space to explore and experience Bybit products, while offering builders a platform to test their ideas and turn their dreams into reality.” Bybit is committed to creating real-world impact with the global crypto community, and its door is open to entrepreneurs, traders, and blockchain technology enthusiasts who are looking for an intellectual home and creative space. Find out more about the the Bybit Crypto Ark Experience Store and stay tuned for future events: Application Form . #Bybit / #TheCryptoArk About Bybit Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 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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Shiba Inu’s Token Burn Surges and Price Soars
Shiba Inu`s token burn rate increased significantly, impacting its market value. Current supply reduction enhances the token`s rarity and potential stability. Continue Reading: Shiba Inu’s Token Burn Surges and Price Soars The post Shiba Inu’s Token Burn Surges and Price Soars appeared first on COINTURK NEWS . Bitcoin World
President Trump May Have Printed $800,000,000+ in Profits Since Launch of Official Memecoin: Coinbase Director
President Donald Trump could have already inked more than $800 million in income following the launch of his memecoin, according to Coinbase director Conor Grogan. The Official Trump ( TRUMP ) memecoin launched in mid-January a few days before Trump’s presidential inauguration. It is already the 40th-largest crypto asset by market cap. Grogan notes on the social media platform X that the project’s team has sent $482 million worth of the stablecoin USDC , Solana ( SOL ) and TRUMP to exchanges. He also says they hold $240 million of USDC in out-of-range liquidity and $50 million in range, and they’ve made $29.3 million in USDC fees. The Coinbase director also says he’s not including the $16 billion worth of TRUMP that the team still holds. “This $800 million+ liquidity event dwarfs even the Bored Ape Otherside launch ($285 million raised +$181 million in burned gas). And I’m not even including the Melania meme launch… Caveats: they might not have sold all of the crypto they sent to exchanges, but I’m also being pretty conservative in other areas (eg not counting Trump LP meteora fees or wallets I’m less sure of).” TRUMP is trading at $19.28 at time of writing. The controversial memecoin is up more than 12.5% in the past 24 hours but down more than 36% in the past seven days. Don`t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Follow us on X , Facebook and Telegram Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post President Trump May Have Printed $800,000,000+ in Profits Since Launch of Official Memecoin: Coinbase Director appeared first on The Daily Hodl . Bitcoin World
