LISBON, Portugal, Feb. 7, 2025 /PRNewswire/ — DuelNow – the trailblazing sports prediction market – is thrilled to announce the launch of its platform’s native token, $DNOW.

The $DNOW token empowers DuelNow users by enabling access to a dynamic tiered membership system that unlocks exclusive benefits. By holding $DNOW, users can enjoy  reduced platform fees and increased referral earnings.

Every time one of your referees joins or creates a prediction, you earn!

Membership Tiers: Rewarding Engagement and Loyalty

New and existing users will be invited to progress through DuelNow’s six-tier membership system, ranging from Rookie to Legendary. Each tier increases the potential referral rewards and reduces platform fees, providing users with more opportunities to maximize their earnings.

The level of referral incentives is determined by your membership tier at the time of referee action, rewarding you based on your current $DNOW holdings. By maintaining or increasing the $DNOW in your connected wallet, you can ensure your membership tier and its benefits remain at their highest level.

Simon Yu, CEO of DuelNow, said, “The $DNOW token and membership tiers reward users for holding tokens, increasing engagement, boosting referral earnings, and reducing fees based on membership level. This launch gives users more value as they participate.” He added that he believes, “$DNOW and Membership Tiers build a platform focused on community and rewarding long-term users.”

Recent Platform Enhancement

DuelNow has recently upgraded its user interface to enhance user experience significantly. The new design simplifies the process of creating and joining predictions, features a more intuitive layout, and includes a prediction slip for quicker transactions. These updates were designed to further integrate user engagement with the sports prediction market.

Airdrop for Early Participants

To reward early participants, DuelNow will offer an exclusive $DNOW token airdrop in 2025 to users who take part in the ongoing Quests & Points program. Participants can earn points by creating predictions or joining those of others.

Additional details about the airdrop will be shared in early 2025. New users can still join the program and start earning points by signing up today.

Users can sign up for DuelNow today to earn their first 1,000 points..

About DuelNow

DuelNow is an innovative sports prediction market where users take full control. This peer-to-peer platform enables custom odds and direct competition, removing traditional intermediaries. By eliminating the house and any house advantage, DuelNow ensures a transparent and user-focused experience. Profit with your sports predictions.

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DUBAI, UAE, Feb. 6, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has successfully registered with FIU-IND, reinforcing its commitment to regulatory compliance in India. As part of this process, Bybit has settled the monetary fine and diligently addressed and resolved prior regulatory matters, further demonstrating its dedication to transparency and the highest standards in the Indian market.

Bybit is committed to operating within the regulatory framework of India and takes its compliance obligations seriously. We have been working diligently with the FIU-IND to address their concerns and ensure full adherence to the Prevention of Money Laundering Act (“PMLA”) and associated regulations. We recognize the importance of robust Anti-Money Laundering (“AML”) and Combating the Financing of Terrorism (“CFT”) measures and are dedicated to upholding the highest standards in these areas.

We believe that our engagement and cooperation throughout the FIU-IND registration process demonstrates our commitment to compliance. We have been actively working to fulfill all necessary requirements for compliance, including its registration application on 26 June 2024 as a Virtual Digital Asset Service Provider (“VDASP”) in India.

Bybit is also proactively involved in the Indian crypto community to educate users and spread awareness. Bybit is currently a Silver Associate Member with the Bharat Web3 Association (“BWA”) . Through this partnership, we hope to use our platform to promote Web3 adoption and foster innovation in the Indian crypto ecosystem.

Bybit’s not-for-profit initiative Blockchain for Good Alliance (“BGA”) has partnered with blockchain societies of top universities like Blockchain Society of IIT Delhi and Blockchain Society of IIT Kharagpur to drive crypto education in India. Bybit will also be conducting a series of hackathons, workshops, and other events in partnership with top universities to foster crypto and blockchain education and awareness within the Indian market in the coming months.

Bybit recognizes the great potential of the Indian market, and is committed to offering the best services and products to all Indian users, including Spot, Derivatives, Options, Bybit Earn, and more.

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.co
For updates, please follow: Bybit’s Communities and Social Media

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Visionaries including Palmer Lucky, Travis Kalanick, Arianna Huffington, Brett Adcock,
Cathie Wood, and Vinod Khosla to address “Technological Convergence” and the future
of exponential technologies

LOS ANGELES, Feb. 5, 2025 /PRNewswire/ — Abundance360 (A360), the premier leadership community for exponential entrepreneurs, investors and innovators, announces its faculty line-up for the annual 2025 Abundance Summit taking place March 9-13 in Los Angeles.

This one-of-a-kind, five-day summit, hosted by Peter H. Diamandis, MD, founder of Abundance360, Singularity University and XPRIZE, brings together entrepreneurs and CEOs leading $10 million to $10 billion companies to explore the theme of “Technological Convergence”—the fusion of exponential technologies poised to redefine industries and societies.

This year’s summit features prominent leaders including Brett Adcock (Founder, CEO, Figure), Arianna Huffington (Founder & CEO, Thrive Global), Travis Kalanick (Co-Founder, Uber), Cathie Wood (CEO, ARK Invest), Vinod Khosla (Founder, Khosla Ventures), Anthony Scaramucci (Founder, SkyBridge Capital), Palmer Luckey (Founder, CEO, Anduril), Jared Kaplan (co-Founder, CSO, Anthropic) and many more leading minds in technology, business, and innovation.

From fireside chats and keynotes to hands-on experiences at the Google Tech Hub, this year’s summit is designed to inspire and educate attendees and equip them with actionable insights to tackle global challenges and harness the power of exponential technologies. Topics will include:

• AI, Humanoid Robots & Quantum Computing
• Exponential Tech: AR, 3D Printing, Sensors, Networks, Drones
• Biotech, Health & Human Longevity
• Crypto, Bitcoin & Blockchain
• Moonshot Thinking

“We are on the brink of unprecedented technological breakthroughs transforming every aspect of our lives, from how we run our companies, our nation and educate our children. There has never been a more important time to understand the impact of converging exponential technologies. The 2025 Abundance Summit is designed to empower leaders and entrepreneurs to harness the full potential of these advancements, driving transformative change and shaping a brighter future for all,” said Peter H. Diamandis, MD, Founder and Chairman of Abundance360.

Abundance360 is Singularity University’s highest-level program, and 2025 is the 13th year of the Summit’s operation. A360 supports its 500+ members in shaping a “Massive Transformative Purpose” and taking on a Moonshot focused on solving the world’s biggest problems by leveraging converging exponential tech. Admission to A360 and the Abundance Summit is only through application and interview.

The 2025 Abundance Summit is sponsored by Google, Invisible Technologies, Exponential Ventures (xpv.ai), Abra, Fountain Life, Starlink, and Lucid Motors.

Please visit abundance360.com/a360-invite to learn more about joining the Abundance Community.

About Abundance360 Membership & Community
Abundance360 (A360) is a premier global community of 500 entrepreneurs, CEOs, and investors united by a shared focus on transformative technologies and impactful innovation. A360 is perhaps the highest level membership of its type with membership levels ranging from $10,000 to $70,000. Designed for leaders running companies valued from $10 million to $10 billion, A360 offers an exclusive year-round program featuring an annual Summit, quarterly virtual workshops, member forums and an annual Platinum Longevity Trip. Members gain access to cutting-edge advancements in AI, biotech, and exponential technologies, as well as a private hub and member-matching tools to foster strategic connections. A360 empowers its members to think boldly, pursue Moonshots, and create meaningful change, while building a close-knit network of like-minded visionaries committed to shaping a better future for humanity. Learn more at abundance360.com/a360-invite.

About Peter H. Diamandis, MD
Peter is a serial entrepreneur, futurist, technologist, New York Times Bestselling Author, and the founder of PHD Ventures and over 25 companies. Fortune magazine has named Peter “One of the World’s 50 Greatest Leaders.” He is the Founder and executive chairman of the XPRIZE Foundation which has launched over $400 million of incentive competitions, driving more than $4 billion in R&D (most recently launching the $100 million Gigaton Carbon XPRIZE funded by Elon Musk to combat climate change). Peter’s venture fund, BOLD Capital Partners is deploying $600M+ into exponential technologies and health-biotech. Diamandis has written six books including four New York Times bestsellers, and his life’s mission is to empower entrepreneurs to create a hopeful, compelling and abundant future for humanity. Diamandis received his B.S. and M.S. from MIT and his MD from Harvard Medical School.

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Bitcoin’s price has once again approached the highly anticipated $100,000 milestone, marking a significant moment for the cryptocurrency market. While volatility remains a defining feature of the asset, industry experts suggest that recent pro-crypto policies from the Trump administration could sustain the current Bitcoin price surge and push it even higher in the coming years.

Bitcoin Volatility and Market Trends

Despite surpassing $100,000 briefly, Bitcoin has dipped slightly, with its price trading at approximately $97,200. This fluctuation is not unexpected, as market analysts emphasize that Bitcoin volatility is a natural occurrence in bull markets.

“This isn’t the first time we’ve seen such volatility, and it won’t be the last,” said Charles Wayn, co-founder of Web3 infrastructure provider Galxe.

Meanwhile, Ethereum (ETH) has also seen notable gains, rising to $2,769 as Ethereum ETFs recorded an impressive $1.5 billion in trades earlier this week.

Pro-Crypto Policies Fuel Bitcoin Optimism

One of the major factors contributing to Bitcoin’s price surge is the Trump administration’s growing support for the cryptocurrency sector. On Tuesday, White House crypto czar David Sacks outlined plans to overhaul regulations and restore confidence in the digital asset industry.

“Trump has realized that crypto is a major economic driver,” said Barry DiRaimondo, a leading blockchain investor. “You can either fear it or embrace it. Trump has chosen the latter.”

Bitcoin Price Surge Predictions: How High Can It Go?

Analysts remain bullish on Bitcoin, predicting that the rally is far from over. Geoffrey Kendrick, head of crypto research at Standard Chartered (LSE:STAN), expects Bitcoin price to reach $500,000 by 2028.

His projections are based on several factors, including:

Institutional adoption: More financial firms are integrating Bitcoin into their portfolios.

Regulatory clarity: Clearer policies could encourage broader investment.

Macroeconomic trends: Bitcoin remains a hedge against inflation and monetary debasement.

Ethereum and the Broader Crypto Market Outlook

While Bitcoin remains the focus, Ethereum’s rising price and ETF demand indicate that institutional investors are diversifying their crypto holdings. Ethereum’s growing adoption in DeFi (Decentralized Finance) and NFTs (Non-Fungible Tokens) has strengthened its long-term prospects.

Will Bitcoin Break the $100K Barrier for Good?

The question remains whether Bitcoin can sustain its price above $100,000. Factors such as regulatory developments, macroeconomic conditions, and investor sentiment will play a key role in shaping the next phase of Bitcoin’s price surge.

For now, the market remains highly optimistic, with experts predicting further gains in the months ahead.

The Future of Bitcoin and Cryptocurrency Regulation

As Bitcoin continues its ascent, regulatory clarity will be crucial in determining whether this Bitcoin price surge is sustainable. The Trump administration’s pro-crypto stance has already signaled a shift in policy, with officials advocating for clearer regulations that could attract more institutional investors.

Financial firms, including BlackRock (NYSE:BLK) and Fidelity Investments, have been expanding their crypto offerings, suggesting growing confidence in Bitcoin’s long-term value. Additionally, global adoption is rising, with countries such as El Salvador and Hong Kong integrating Bitcoin into their financial systems.

However, risks remain. Potential interest rate hikes and economic downturns could slow down momentum. Additionally, regulatory uncertainty in the U.S. and abroad could impact investor sentiment.

Long-Term Outlook: Is Bitcoin Price Headed for $500K?

If Bitcoin maintains its upward trajectory, reaching $500,000 by 2028 as predicted by Standard Chartered’s Geoffrey Kendrick, it would solidify its position as digital gold. Factors such as increased institutional adoption, global economic instability, and regulatory support could all contribute to this growth.

For now, investors and analysts are watching closely to see if Bitcoin can break past $100,000 for good—a milestone that could reshape the cryptocurrency market for years to come.

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A Canadian man has been indicted in the United States for allegedly orchestrating a $65 million cryptocurrency fraud scheme. Andean Medjedovic, 22, reportedly exploited vulnerabilities in blockchain protocols to siphon millions from investors. If convicted, he faces up to 90 years in prison.

Exploiting Blockchain Vulnerabilities

According to U.S. prosecutors, Medjedovic leveraged weaknesses in automated smart contracts used by cryptocurrency platforms KyberSwap and Indexed Finance between 2021 and 2023. These platforms facilitate decentralized financial transactions through self-executing contracts on the blockchain. The indictment states that he used deceptive trading strategies to manipulate key variables in these contracts, allowing him to withdraw millions at artificial prices.

His tactics involved borrowing hundreds of millions in digital assets to execute misleading trades, ultimately depleting investor funds and rendering their holdings worthless.

Laundering Stolen Cryptocurrency

Beyond the alleged theft, Medjedovic is accused of attempting to launder the stolen assets using advanced blockchain tools. The indictment details how he moved funds through bridge protocols, which transfer cryptocurrency across different blockchains, and cryptocurrency mixers, designed to obscure the origin of digital assets.

When one bridge protocol froze his transactions, Medjedovic allegedly contacted an undercover law enforcement agent posing as a software developer. He reportedly offered $80,000 to bypass security restrictions and retrieve approximately $500,000 in frozen assets.

Online Boast and Past Legal Trouble

Evidence presented by U.S. authorities includes messages where Medjedovic appeared to boast about his activities. In a 2021 online message, he allegedly wrote:

“I did something very cool but accidentally doxxed myself in the process. I may be on the run forever now … Need some advice about becoming a pirate.”

This is not Medjedovic’s first legal entanglement. In 2021, he was sued in Canada by Cicada 137 LLC, a firm managing investor funds in Indexed Finance. The lawsuit accused him of stealing $15 million and described him as possessing a “formidable mathematical prowess” that enabled him to engineer the attack.

A court order allowed authorities to search his parents’ home for evidence, but by then, he had reportedly moved out, taking his devices with him. He was later found in contempt of court, leading to an arrest warrant.

Potential Consequences of Cryptocurrency Fraud

Medjedovic faces multiple charges, including:

Wire fraud (20 years per count)

Attempted extortion under the Hobbs Act (20 years)

Money laundering conspiracy (20 years)

Money laundering (20 years)

Unauthorized damage to a protected computer (10 years)

If convicted on all counts, he could serve up to 90 years in prison.

FBI’s Warning to Cybercriminals

Law enforcement officials emphasized that cybercriminals exploiting blockchain technology are not beyond reach. FBI Assistant Director James Dennehy stated:

“Hackers can at times be painted in a flattering light by pop culture … They’re stealing money that isn’t theirs, and they’re breaking the laws of this country. (Medjedovic), along with all the other cybercriminals who believe they’re untouchable, will face justice.”

As authorities continue their search for Medjedovic, the case underscores growing concerns about cryptocurrency fraud and the risks associated with decentralized finance platforms.

The Growing Threat of Cryptocurrency Fraud

Medjedovic’s case highlights the increasingly sophisticated nature of cryptocurrency fraud and the challenges regulators face in combating financial crimes in the decentralized space. Blockchain technology offers privacy and security advantages, but it also enables criminals to exploit vulnerabilities with limited oversight.

As authorities strengthen efforts to track illicit transactions, cases like Medjedovic’s demonstrate the importance of robust security measures in the crypto industry. Investors are urged to remain cautious and conduct due diligence before engaging with DeFi platforms. Law enforcement agencies continue to develop new strategies to hold cybercriminals accountable, ensuring that fraudsters face justice.

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