Author: CryptoCurrencyNews

SINGAPORE, April 2, 2025 /PRNewswire/ — AEON, the next-generation payment protocol supporting all major chains to simplify crypto payments and drive crypto mass adoption, is now extending its comprehensive crypto payment solutions to support $TON and TON-native USDT. This strategic move will enable seamless in-store crypto payments and reinforce AEON’s role in transforming the crypto landscape, enhancing the real-world usability of TON and TON-USDT. With this development, AEON’s cutting-edge payment suite will empower millions of users within the TON ecosystem and Telegram’s growing crypto community, facilitating seamless and efficient digital asset transactions.

As part of this expansion, AEON has been featured on TON’s official website, marking a significant step in the integration of AEON’s payment infrastructure within the TON network. This recognition highlights AEON as a key service provider supporting $TON and TON-native USDT for transactions within Telegram and beyond.

With the deep integration of TON into Telegram and the growing Web3 ecosystem, AEON is making it easier than ever for users to pay with cryptocurrency in their everyday lives. AEON’s latest development enables users to make in-store payments at a wide range of major retailers, including UNIQLO, McDonald’s, Pizza Hut, and more, using $TON and TON-USDT.

Through AEON Pay, available via popular Web3 wallets like Bitget Wallet and KuCoin Pay, customers can now purchase dining, shopping, and daily essentials in-store. This new functionality transforms TON and TON-USDT from digital assets into practical payment tools, bringing cryptocurrency into the heart of the retail experience.

AEON is at the forefront of redefining the crypto payment landscape by offering a flexible and scalable infrastructure that supports multiple blockchains and tokens. This allows users to pay with mainstream cryptocurrencies as well as project-specific tokens, ensuring greater accessibility and convenience for crypto payments.

AEON’s ability to support diverse payment scenarios—from in-store purchases to online checkouts and emerging Web3 services such as subscriptions and tipping—accelerates the adoption of crypto in everyday life. Whether online or in-store, AEON’s ecosystem is fostering a seamless, borderless financial experience that enhances the utility of partner tokens and drives overall crypto adoption.

AEON’s full-spectrum crypto payment infrastructure is designed to make crypto payments as seamless as traditional finance, supporting diverse payment scenarios:

Web3 Mobile Payment: Enabling users to pay at physical retail locations using both mainstream cryptocurrency and the crypto assets they hold in popular wallets and exchanges with instant settlement. AEON Pay is also available through the Telegram Mini-App @AEONPay_pay_bot.

Online Web3 Payment: Powering e-commerce and digital services with a frictionless, secure Web3 checkout experience.

Swap Pay: Allowing effortless token conversions from different chains at the point of transaction, eliminating payment complexities and optimizing payment flexibility.

Emerging Payment Solutions: Continuously innovating to meet the evolving needs of the Web3 economy like subscriptions, tipping and pre-authorized service, ensuring scalable, borderless, and user-friendly crypto payment options.

AEON’s multi-chain interoperability, great reach and wide support for global merchants, and direct wallet and exchanges integrations make it one of the most advanced and user-centric crypto payment solutions available today.

By integrating with $TON and expanding the utility of TON-USDT, AEON is setting new standards for crypto payment accessibility, efficiency, and mainstream adoption. This development not only enhances the functionality of the TON blockchain within Telegram’s ecosystem but also reinforces AEON’s position as a pivotal player in the global shift towards crypto payment space.

As AEON continues to broaden its reach, more users and merchants worldwide will benefit from fast, secure, and borderless crypto payments, further bridging the gap between traditional finance and the Web3 economy.

The Open Network (TON) is a global, decentralized blockchain community focused on putting crypto in every pocket. By building the Web3 ecosystem in Telegram Messenger, TON’s vision is to empower 500 million users to own their digital identity, data, and assets by 2028. Learn more at https://ton.org/.

AEON is the next-generation crypto payment protocol built to streamline crypto payments and drive crypto mass adoption. Supporting all major chains, including EVM, SVM, BNB ecosystems, and emerging networks like TON, AEON simplifies blockchain complexities and lowers payment hurdles.

AEON streamlines crypto payments with a versatile product suite designed for real-world adoption. Its Web3 Mobile Payment solution enables users to seamlessly pay with crypto assets at local retail stores, covering 10,000 brands and millions of merchants across Southeast Asia, Africa, and Latin America. AEON’s AI Payment feature empowers AI agents to execute crypto transactions on behalf of users, enhancing convenience and automation. Additional solutions include Online Web3 Payment, Swap Pay, and emerging Web3 payment solutions.

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SOURCE AEON

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GEORGE TOWN, Cayman Islands, April 2, 2025 /PRNewswire/ — Ostium, the pioneering leveraged trading platform for Real World Assets, today announced the launch of its Ostium Points Program, a competitive system tracking user activity and engagement across the platform designed to help incentivize trading, referrals, and liquidity provisioning across its ecosystem. Today the platform enables users to long or short stocks, commodities, indices and currencies.

The program officially launches on Monday, March 31, 2025, with an initial points distribution of 10 million points allocated retroactively to early adopters who have been active on the platform prior to the program launch. Retroactive points emphasize recognizing users on Ostium’s public Mainnet and private Mainnet, testnet, and pre-testnet phases. Visit ostium.app/points to check your points allocation.

500,000 points will be distributed weekly based on user activity. Weekly points distribution may increase and available points will be communicated at the start of each week.

The program is designed to recognize early adopters while creating an engaging competitive environment for all participants. By acknowledging users who contribute to the ecosystem through their trading activity, referrals, and liquidity provision, Ostium aims to further strengthen its community of traders and liquidity providers.

The Ostium Points Program features the following components:

• Real-time score tracking: Scores update immediately when users trade or provide liquidity. These scores are converted into points at the end of every week.
• Weekly conversions to points: Every Sunday at midnight UTC, accumulated scores convert to points based on relative participation levels. Score tracking then resets for the new week.
• Dual scoring system: The program tracks two types of scores: Trading/Referral scores and Liquidity Provision scores. While there are two score categories, they combine into a single points total.
• Competitive leaderboards: Users can monitor their real-time ranking against other participants in both score categories and in the global points leaderboard.
• Referral benefits: The program allocates 1 trading score for every 5 trading scores generated by referred users. Users who sign up with a referral code receive a 5% boost on all trading scores.
• Community contributions: A small portion of weekly points is optionally reserved for substantial open-source contributions to the protocol, such as critical bug reports and technical research.

The Points Program represents the next phase in Ostium’s community development strategy, building on its mainnet launch that brought access to global macro markets for the first time onchain.

The Ostium Points Program begins March 31, 2025, at 10:00 AM ET. Users can view their point allocations and track their scores on the platform’s interface. New points are allocated weekly on Sundays at midnight UTC.

For more information about the Ostium Points Program, visit www.ostium.app/points.

About Ostium

Ostium is the leading leveraged trading platform for Real World Assets offering the first onchain long/short exposure to markets like the Nasdaq, Gold, and Oil. The platform enables users to trade stocks, commodities, indices and currencies. Ostium was founded by alumni from Harvard, Bridgewater, and BlackRock and is supported by top-tier investors such as General Catalyst, LocalGlobe, Susquehanna (SIG), GSR, and Alliance DAO.

Note: The Ostium Points Program is designed for tracking engagement and participation. Points have no monetary value, cannot be transferred, sold, or exchanged for any consideration, and do not represent any ownership interest, investment opportunity, or any right to any future rewards. Ostium reserves the right to modify or terminate the program at any time.

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DUBAI, UAE, April 1, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, released the latest weekly crypto derivatives analytics report in collaboration with Block Scholes. The report provides insights into macroeconomic developments, the state of crypto spot and derivatives markets, and emerging trading signals.

Key insights

Since bottoming out on March 11, crypto asset prices have climbed steadily over a two-week period, with BTC briefly surpassing $87,000 and ETH recovering above $2,000. XRP has remained relatively stable, while BTC, ETH, and SOL continue to trade below their year-opening levels. SOL, which hit an all-time high in January following Cboe’s Solana Spot ETF filing, also remains down year-to-date. While the broader market has shown signs of recovery, derivatives activity reflects lingering caution. Demand for BTC and ETH put options remains elevated, signaling ongoing hedging behavior.

Cautious rebound in perpetuals

Perpetual open interest stayed flat for most of the week, underscoring a cautious, risk-off tone. A brief market rebound saw BTC rise to $88,000 — a two-week high — triggering modest increases in perpetual trade volume, primarily driven by BTC. Still, volumes remain significantly below those recorded earlier this month, when U.S. President Donald Trump proposed a national crypto reserve centered on the four largest tokens.

Funding rates suggest persistent bearish sentiment

Despite lower realized volatility and positive price movement among major assets, BTC and ETH perpetual contracts continued to post negative funding rates. This indicates that short sellers are still paying long positions, an ongoing sign of bearish sentiment. In contrast, large-cap altcoins showed more mixed positioning, with funding rates fluctuating between positive and negative without a clear directional bias.

Volatility retreats to yearly lows

Implied volatility declined by 3 to 5 points over the past week, with 30-day options now trading at their lowest levels since the beginning of the year. Realized volatility is also nearing the 30% floor last seen in February. As typically observed in low-volatility periods, options market activity has slowed, with open interest remaining low and relatively balanced between puts and calls. Around $40 million in options expired during the week.

Access the full report

For detailed insights, readers may download the full report.

#Bybit / #TheCryptoArk /#BybitResearch

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

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SINGAPORE, March 31, 2025 /PRNewswire/ — The9 Limited (NASDAQ: NCTY) (hereinafter referred to as “The9”), an established Internet company, announced today that it has signed private placement agreements with industry-leading cryptocurrency investment funds Elune Capital, Fine Vision Fund and Bripheno Pte. Ltd. (hereinafter collectively referred to as “the Investors”). Pursuant to the agreement, the Investors will invest US$8 million in The9. The9 will issue Class A common shares to the Investors with share price equal to the average closing price of the 30 consecutive trading days before the signing of the agreements. The shares issued are subject to statutory lock-up period.

The9 will establish a new company to operate its global GameFi platform. The9 will seek cooperation with a worldwide third-party cryptocurrency foundation, and the GameFi coins issued by the foundation will be used as the official cryptocurrency for The9’s global GameFi platform. The9 will also seek cooperation with a leading global cryptocurrency exchange, which will be responsible for promoting cryptocurrency users on its platform to join The9 global GameFi platform.

The9 will issue 302,263,200 stock warrants to investors, each of which represents the right to purchase one Class A common share (equivalent to 1,007,544 ADSs, assuming all warrants are exercised). All warrants have an exercise period of two years. The exercise price of part of the warrants is US$60 per ADS. The other part of the warrants will be divided into two equal batches, and each batch of warrants will be subject to its exercise condition. The exercise conditions are as follows: one-half of the warrants can be exercised after the investor or its business partner signs a strategic cooperation agreement with The9, and the other half of the warrants can be exercised after The9 GameFi platform is launched. The exercise price is the same as the ADS issuance price under these agreements.

George Lai, Executive Director and CFO of The9, said: “This strategic cooperation is an important milestone for The9 to enter into the global GameFi industry. The investment and support from well-known cryptocurrency investment funds will make our new global GameFi platform concept “The Platform is a Big Game” possible. We plan to issue 10% of our shares within 3 years to support the future market, operation and exchange of GameFi coins. The high-dimensional global GameFi platform is different from all previous gaming platforms. We expect the full “coin-share linkage” will attract a large number of diversified gamers, cryptocurrency users and the best Web2 and Web3 games. We look forward to using blockchain technology and cryptocurrency to provide an excellent gaming experience that traditional games cannot provide. We believe that the worldwide cryptocurrency and gaming industries are eager for a GameFi platform that can bring a large scale of traditional gamers into the cryptocurrency world. “Promoting the universal access and application of cryptocurrency in gaming” is the mission and goal of this cooperation. With the strong cryptocurrency user base of the leading global cryptocurrency exchange and The9’s resources and experience in the gaming industry, we believe that our new global GameFi platform will soon become the market leader.”

Safe Harbor Statement

This current report contains forward-looking statements. These statements are made under the “safe harbor” provisions of the United States 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” and similar statements. Such statements are based upon management’s current expectations and current market and operating conditions and relate to events that involve known or unknown risks, uncertainties and other factors, all of which are difficult to predict and many of which are beyond The9’s control. The9 may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (“SEC”), 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. Statements that are not historical facts, including statements about The9’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: The9’s goal and strategies; The9’s expansion plans; The9’s future business development, financial condition and results of operations; The9’s expectations regarding demand for, and market acceptance of, its products and services; The9’s expectations regarding keeping and strengthening its relationships with business partners it collaborates with; general economic and business conditions; and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in The9’s filings with the SEC. All information provided in this announcement is as of the date hereof, and The9 does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

The9 Limited
17 Floor,
No. 130, Wu Song Road,
Hong Kou District,
Shanghai 200080, PRC

About The9 Limited

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

About Fine Vision Fund

Fine Vision Fund was established in Singapore in 2022 by Finewill Capital, an internationally renowned investment institution. Fine Vision Fund is dedicated to investing in global game projects and supporting the future of the game industry. The first phase of the fund has a scale of tens of millions of US dollars. It has invested in different game development and distribution projects covering MMORPG, SRPG, Sports, Strategy simulation, and casual games, etc. The fund is enthusiastic about the innovative business model of games and the integration of traditional game development skills with cutting-edge blockchain technology. Through the creation of this international game fund, it aims to infuse new energy into the game and blockchain industry and foster its development and growth.

Fine Vision Fund employs an open operating model. The fund’s contact detail and application channel are publicly accessible to game teams both domestically and internationally, without any strict restrictions on the game type or size. As the project progresses, the total investment will continue to grow. Beyond providing financial support to projects with great business potential, Fine Vision Fund will also offer knowledge sharing and overseas operating experience to game developers.

Fine Vision Fund remains positive about the long-term growth of game industry. It is leveraging its industry resources to support game teams worldwide and strengthening the bridge between the local and global game industries.

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SOURCE The9 Limited

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VICTORIA, Seychelles, March 28, 2025 /PRNewswire/ — Bitget, the leading cryptocurrency exchange and Web3 company, has announced the listing of KiloEx (KILO), a DEX focused on risk management and capital efficiency. Trading for KILOI/USDT will commence on 27 March 2025, 13:00 (UTC).

KiloEx provides fast trades, real-time market tracking, and a user-friendly interface while offering liquidity providers risk-neutral positions and LP-friendly solutions. The operation of KiloEx (KILO) centers on its revolutionary Peer-to-Pool model that creates a more efficient trading environment for both traders and liquidity providers. It also revolutionizes decentralized trading, providing a secure and seamless platform for users to take control of their trades and investments.

With over 783,000 users and $34 billion in total trading volume, KiloEx has established itself as a significant player in the decentralized exchange landscape. KiloEx has secured considerable backing from prominent industry players, with Binance Labs and Foresight Ventures providing funding, giving the project substantial credibility in the cryptocurrency space.

The inclusion of KiloEx on Bitget’s platform aligns with the exchange’s strategy to offer users access to promising Web3 projects. This listing provides an opportunity for traders to engage with a next-generation perpetual DEX fostering a more interconnected and efficient DeFi landscape.

Bitget continues to expand its offerings, positioning itself as a leading platform for cryptocurrency trading. With an extensive selection of over 800 cryptocurrency pairs and a commitment to broaden its offerings to more than 900 trading pairs, Bitget connects users to various ecosystems, including Bitcoin, Ethereum, Solana, Base, and TON.

For more information on KiloEx (KILO), users can visit here.

About Bitget

Established in 2018, Bitget is the world’s leading cryptocurrency exchange and Web3 company. Serving over 100 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions while offering real-time access to Bitcoin price, Ethereum price, and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, token swap, NFT Marketplace, DApp browser, and more.

Bitget is at the forefront of driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World’s Top Football League, LALIGA, in EASTERN, SEA and LATAM markets, as well as a global partner of Turkish National athletes Buse Tosun Çavu?o?lu (Wrestling world champion), Samet Gümü? (Boxing gold medalist) and ?lkin Ayd?n (Volleyball national team), to inspire the global community to embrace the future of cryptocurrency.

For more information, users can visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet

Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use.

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SOURCE Bitget

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