MEXC Announces Term Finance (TERM) Listing with 120,000 TERM and 109,000 USDT Prize Pools

VICTORIA, Seychelles, March 25, 2025 /PRNewswire/ — MEXC, a leading global cryptocurrency exchange, is pleased to announce that the Term Finance (TERM) will be listed on March 26, 2025 (UTC). To celebrate this listing, MEXC will launch a special Launchpool event featuring a 120,000 TERM token prize pool, providing new and existing users with exciting opportunities to earn rewards.

MEXC Announces Term Finance (TERM) Listing with 120,000 TERM and 109,000 USDT Prize Pools

The TERM token, which has a total supply of 100,000,000, serves as the utility token for Term Finance, a decentralized fixed-rate lending protocol. The platform utilizes on-chain auctions to enable loans, allowing users to lock in funding costs or secure fixed-rate returns with crypto-backed loans. It offers a transparent and competitive market-clearing rate for both borrowers and lenders. To learn more about the TERM token and its role within the Term Finance ecosystem, read the full article here.

TERM Listing Celebration Events: Share 120,000 TERM and 109,000 USDT Bonus

To celebrate the listing of Term Finance (TERM) on MEXC, the exchange is launching two exciting events, offering participants the chance to share 120,000 TERM and 109,000 USDT in bonuses.

TERM Finance’s Launchpool event runs from March 24 to 26, 2025 (UTC). Participants can stake USDT, MX, or TERM tokens to earn from a prize pool of 120,000 TERM. TERM holders and new users are eligible to join the Launchpool. New users can access the exclusive 60,000 TERM staking pool, while all users can participate in the general pool by staking MX or TERM.

The participation process is simple, with a low entry threshold. Simply sign up for a MEXC account, complete KYC, and deposit USDT, MX, or TERM into the Launchpool. Holding at least 25 MX unlocks additional benefits. New users must deposit funds after the event begins to be eligible for the USDT pool.

Additionally, users can participate in the Airdrop+ event, which runs from March 24 to April 3, 2025 (UTC), offering a total prize pool of 109,000 USDT.

MEXC has established itself as an industry leader by consistently providing users with early access to promising web3 projects. In 2024, MEXC introduced 2,376 new tokens, with 1,716 of those being initial listings. According to the latest TokenInsight report, MEXC leads the industry with the highest number of spot listings at 461 and the fastest listing speed. Additionally, the exchange consistently adds new tokens in bi-weekly cycles, showcasing its exceptional ability to quickly capture market trends.

By prioritizing low-market-cap projects and quickly listing trending tokens, MEXC remains at the forefront of emerging market trends. With advantages such as low fees, deep liquidity, and daily airdrops, MEXC has become the platform of choice for an increasing number of cryptocurrency traders.

For full event details and participation rules, visit the event page.

About MEXC

Founded in 2018, MEXC is committed to being “Your Easiest Way to Crypto.” Serving over 34 million users across 170+ countries, MEXC is known for its broad selection of trending tokens, everyday airdrop opportunities, and low trading fees. Our user-friendly platform is designed to support both new traders and experienced investors, offering secure and efficient access to digital assets. MEXC prioritizes simplicity and innovation, making crypto trading more accessible and rewarding.

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Rain Crypto Visa Cards: $24.5M Funding Accelerates Global Expansion

Rain crypto Visa cards are poised to revolutionize the way stablecoins are spent worldwide after securing $24.5 million in funding. Rain, a startup that issues Visa debit and credit cards enabling seamless transactions with stablecoins, announced the successful funding round led by Norwest Venture Partners. Prominent investors such as Galaxy Digital (OTC:BRPHF), Coinbase Ventures (NASDAQ:COIN), and CompoSecure (NASDAQ:CMPO) also participated in the round.

This fresh injection of capital aims to accelerate Rain’s mission to simplify spending stablecoins and broaden its global reach, capitalizing on growing demand for efficient crypto payment solutions.

Why Rain Crypto Visa Cards Are Disrupting Payments

The surge in the adoption of Rain crypto Visa cards reflects a broader trend where Web3 companies strive to make digital assets more accessible for everyday use. Stablecoins, pegged to the U.S. dollar or other fiat currencies, offer a reliable and efficient medium for payments, remittances, and cross-border transactions.

Rain’s offerings allow users to spend their stablecoins just like traditional fiat currencies, enabling real-world purchases with the convenience of a Visa card. As stablecoin transactions surpassed the combined volumes of Visa and Mastercard in 2024, Rain is positioned to capitalize on this shift by providing an intuitive and secure payment platform.

Rain’s Impressive Growth and Market Reach

Rain’s business growth underscores the increasing demand for crypto Visa cards. The firm reported a 15x increase in revenue over the past year, reflecting a surge in transactions and growing trust in its platform. Currently, Rain processes payments in over 100 countries, demonstrating its expansive market footprint.

This remarkable growth aligns with the broader adoption of stablecoins for various financial applications, including remittances, savings, and cross-border payments. As a Visa Principal Member, Rain is uniquely positioned to expand its services and offer enhanced payment solutions globally.

Key Players Backing Rain’s Expansion

The funding round attracted top-tier investors with deep expertise in crypto and blockchain technology:

Norwest Venture Partners: A leading venture capital firm with a track record of supporting high-growth fintech and Web3 companies.

Galaxy Digital (OTC:BRPHF): A diversified financial services firm investing heavily in blockchain infrastructure and crypto ecosystems.

Coinbase Ventures (NASDAQ:COIN): The investment arm of Coinbase, known for backing innovative projects driving crypto adoption.

CompoSecure (NASDAQ:CMPO): A fintech company specializing in secure payment card solutions, ensuring that Rain’s offerings meet the highest security standards.

Global Expansion and Future Plans

With the $24.5 million funding secured, Rain crypto Visa cards will expand globally by leveraging its Visa Principal Membership and proprietary blockchain infrastructure. The company’s vision is to enhance the speed and efficiency of crypto payments, making stablecoin-enabled transactions as seamless as traditional fiat-based card payments.

Rain aims to introduce its products in emerging markets where stablecoins can address issues of currency volatility and financial inclusion. By expanding its footprint, Rain seeks to provide faster, safer, and more accessible crypto payment solutions to millions of users worldwide.

Surge in Crypto Payments and Growing Competition

Rain’s funding coincides with a wave of investments in the crypto payments sector, indicating heightened investor interest in this niche. In March 2025 alone:

RedotPay secured $40 million to enhance its crypto payment platform.

Mesh raised $82 million to streamline transactions between crypto assets and merchants.

The influx of capital highlights the growing interest in developing robust crypto payment ecosystems, positioning Rain at the forefront of this transformation.

Why Rain Crypto Visa Cards Matter for the Future

The success of Rain crypto Visa cards has implications far beyond stablecoin payments. As more consumers and businesses adopt digital assets, the need for seamless and secure payment solutions will continue to rise. Rain’s innovative approach bridges the gap between traditional finance and decentralized digital assets, making it easier for users to transact with cryptocurrencies in real-world scenarios.

Conclusion: A Bright Future for Rain and Crypto Payments

Rain crypto Visa cards are at the cutting edge of crypto payment innovation, fueled by $24.5 million in new funding. With the backing of top-tier investors and a growing user base, Rain is set to redefine how stablecoins are spent globally. As the adoption of crypto payments accelerates, Rain’s commitment to expanding its services and delivering seamless, secure transactions positions the company as a key player in the future of digital finance.

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Ripple Legal Victory: A Turning Point for Crypto and ETFs

The Ripple legal victory has reshaped the crypto landscape, signaling a shift from regulatory hostility to engagement. On March 19, 2025, Ripple announced that the Securities and Exchange Commission (SEC) had officially dropped its lawsuit, ending a four-year-long legal battle that cost Ripple $150 million in legal fees.

This case, initially filed by former SEC Chair Jay Clayton on his last day in office, accused Ripple of raising $1.3 billion through XRP sales without registering it as a security. However, Ripple’s persistence led to a favorable outcome, with broader implications for the entire crypto industry.

Ripple’s Legal Win: Boosting Confidence in Crypto

The Ripple legal victory marked a significant milestone in crypto’s regulatory journey. The landmark ruling by a federal judge in July 2023 stated that XRP is “not necessarily a security on its face,” undercutting the SEC’s stance and paving the way for Ripple’s ultimate triumph.

This victory emboldened other crypto firms, including Coinbase (NASDAQ:COIN), Kraken, Robinhood (NASDAQ:HOOD), Binance, and OpenSea, which saw their respective lawsuits and investigations dropped, resolved, or placed on hold. Following the news, XRP surged approximately 11%, while the broader crypto market gained around 4.5% in the following week.

Pro-Crypto Shift: Regulatory Landscape Evolves

The Ripple legal victory has ushered in a new era of regulatory cooperation. Under the leadership of Hester Peirce, the SEC has pivoted from enforcement to engagement, establishing a Crypto Task Force to create a clear and constructive regulatory framework for digital assets.

In a significant policy reversal, the SEC withdrew Staff Accounting Bulletin 121 (SAB 121), which had required banks to treat crypto assets as liabilities. This reversal is expected to encourage further institutional adoption of cryptocurrencies.

Institutional Adoption on the Rise

The shifting regulatory climate has drawn attention from major financial institutions. At the World Economic Forum in Davos, Switzerland, financial leaders from Goldman Sachs (NYSE:GS), Morgan Stanley (NYSE:MS), and Bank of America (NYSE:BAC) expressed optimism that Washington’s newfound openness to crypto could drive a resurgence in institutional investment.

With the SEC no longer acting as an adversary, institutions now have a clearer path to integrating crypto into their portfolios, enhancing liquidity and legitimacy within the sector.

Crypto ETFs Benefit from Ripple’s Win

One of the most immediate impacts of the Ripple legal victory has been the performance of crypto-based exchange-traded funds (ETFs). As investor confidence grew following Ripple’s success, Bitcoin (BTC) gained 1.9% last week, while Ethereum (ETH) added 3.7%.

Prominent crypto ETFs such as:

iShares Bitcoin Trust ETF (NASDAQ:IBIT)

Fidelity Wise Origin Bitcoin Fund (NASDAQ:FBTC)

Grayscale Bitcoin Trust ETF (OTC:GBTC)

Each advanced by about 5%. Additionally, the First Trust SkyBridge Crypto Industry and Digital Economy ETF (NYSE:CRPT) gained 1.7%, reflecting increased enthusiasm from retail and institutional investors alike.

Ripple’s Impact on Future Crypto Regulations

The Ripple legal victory also carries significant political implications. Former crypto critic Donald Trump’s return to the White House has coincided with a wave of pro-crypto sentiment, as he pledges to make the United States “the crypto capital of the planet.” This political shift, combined with the SEC’s new approach, has positioned the U.S. to become a leader in the global crypto economy.

Peirce’s efforts to create a regulatory framework focused on innovation and investor protection could lead to the approval of more crypto-based ETFs and broader mainstream adoption of digital assets.

What’s Next for Ripple and XRP?

With the lawsuit behind it, Ripple is now free to expand its blockchain technology and payment solutions without the regulatory overhang. XRP remains one of the top digital assets in terms of market capitalization, and analysts expect Ripple’s focus on cross-border payments and decentralized finance (DeFi) to drive future growth.

Despite regulatory uncertainty in recent years, Ripple has demonstrated resilience, and its recent victory has reaffirmed its position as a key player in the crypto space.

Conclusion: A New Era for Crypto and ETFs

The Ripple legal victory has not only transformed Ripple’s future but also set a precedent for the broader crypto industry. With the SEC’s shift toward a more collaborative approach and increasing institutional interest, the future looks promising for digital assets and crypto ETFs.

As regulatory barriers dissipate, Ripple’s success may mark the beginning of a new era where crypto can thrive in a regulated, yet innovation-friendly environment.

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Bybit Named Exclusive Payment Partner for Tomorrowland Brasil 2025-26, Launches Cardholder Presale

DUBAI, UAE, March 23, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has partnered with Tomorrowland Brasil as its exclusive payment part for 2025 and 2026. This landmark collaboration grants Bybit Card holders privileged early access to tickets before they become available to the general public — a first in Tomorrowland’s history.

A Historic First for Bybit and Tomorrowland

Tomorrowland Brasil 2025 is set for October 10-12 at Parque Maeda in Itu, São Paulo. This year, Tomorrowland Brasil welcomes ‘LIFE’ as its mainstage theme, continuing the magical journey that began at Tomorrowland Belgium in 2024. Set in the mythical world of Silvyra, ‘LIFE’ transports the People of Tomorrow to an era of untamed natural beauty, just as a rare celestial event – the alignment of two moons – is about to unfold. Over three unforgettable days, attendees can escape the city and enjoy performances from more than 150 top electronic artists across six breathtaking stages.

“By partnering with Tomorrowland Brasil, we are merging the energy of music with the innovation of blockchain. This collaboration reinforces Bybit’s commitment to integrating crypto seamlessly into everyday experiences, and our cardholders will enjoy unparalleled access to one of the world’s most iconic festivals,” said Joan Han, Head of the Payment Business Unit at Bybit.

Bybit Card: More Than Just a Payment Solution

The Bybit Card enhances users’ festival experience by offering instant activation, seamless payments, and exclusive rewards. With compatibility across Apple Pay, Google Pay, and Samsung Pay, it ensures effortless transactions worldwide.

Beyond convenience, Bybit Cards help users grow their wealth. With Auto-Savings, cardholders can earn up to 8% APR on their balance, ensuring passive income effortlessly. There are no annual fees or hidden charges, and users can withdraw up to $100 in cash for free every month, with a 2% fee thereafter. Plus, Bybit’s partnership with DHL ensures fast and secure worldwide delivery of the physical card.

Bybit Named Exclusive Payment Partner for Tomorrowland Brasil 2025-26, Launches Cardholder Presale

How to Secure Your Tomorrowland Brasil Tickets with Bybit Card

The Bybit Card is the ultimate festival payment solution, giving holders exclusive access to a two-day presale before tickets go on sale to the general public.

Exclusive Registration Period: Now – April 3, 2025

  • Presale Period: April 4, 10:00 BRT / 15:00 CESTApril 6, 10:00 BRT / 15:00 CEST
  • Presale Website: Bybit Card x Tomorrowland
  • General Public Sale: Begins after the presale period

To participate in the exclusive presale, users must be Bybit Card holders and complete their registration on the Bybit website before the presale begins. Only registered users will have access to the presale period.

New users can still apply for a Bybit virtual card to join the presale.

  • Priority Access: Bybit Card holders enter the first eight digits of their card (BIN code) to unlock ticket access.
  • Secure a Spot: Each user may purchase up to six tickets.
  • Exclusive Payment Method: Tickets must be purchased using a Bybit Card, as Bybit is the festival’s exclusive presale payment partner.

Bybit’s seamless integration with Tomorrowland Brasil’s official website and ticketing system ensures a hassle-free booking experience for cardholders.

General Ticket Sales Open April 8, 2025

For users who miss out on the exclusive presale, tickets will still be available for general sale starting April 8. Purchases can be made using Bybit Card or Bybit Pay, with new users enjoying a 10% cashback on their festival purchases.

#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

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About TOMORROWLAND BRASIL

Tomorrowland Brasil 2025 will take place on October 10-12 in the beautiful festival area of Parque Maeda in Itu, a municipality in São Paulo. The festival will revolve around the mesmerizing ‘LIFE’ theme, set against the backdrop of Brazil’s enchanting natural beauty. A story set in the mythical realm of Silvyra, it’s a world unto its own, filled with creatures, plant life, and people living in harmony, each with their own stories, with the diversity of Silvyra’s lush nature represented in the spectacular ‘LIFE’ Mainstage. Offering the ultimate escape from the city during three days of bliss, guests will be treated to breathtaking performances by more than 150 of the world’s finest electronic artists across 6 mesmerizing stages.

The first two festival editions of Tomorrowland Brasil took place in 2015 and 2016 in the beautiful festival area of Parque Maeda in Itu, São Paulo. After years of dreaming of a return, Tomorrowland finally headed back to Brazil in 2023, becoming a yearly highlight once again.

Tomorrowland Brasil 2025

October 10-12, 2025

Parque Maeda, Itu

brasil.tomorrowland.com

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Bitget Hosts First-Ever Ramadan Iftar Night in Dubai for MENA Community, Raising Funds for 100,000 Meals

VICTORIA, Seychelles, March 21, 2025 /PRNewswire/ — Bitget, the leading cryptocurrency exchange and Web3 company, hosted a Ramadan Iftar night, gathering blockchain pioneers, crypto investors, and industry experts for an evening of networking, collaboration, and reflection. The event highlighted the spirit of Ramadan while aligning with Bitget’s broader initiative to donate 100,000 meals to vulnerable communities. The event is co-hosted with Cypher Capital and IO.net.

The Iftar night provided a platform for meaningful dialogue among attendees, who broke their fast together in a warm, inclusive atmosphere. Discussions centered on blockchain innovation, market trends, and opportunities for collective growth, showing the blockchain industry’s potential to drive social impact.

Bitget initially pledged 10,000 meals, and extended donation matches to all donations, a dollar for a dollar to double the efforts of the community. With the generous support, the gathering reflected the essence of Ramadan, emphasizing compassion, reflection, and collective growth. Guests enjoyed a traditional Iftar meal while exploring collaborative opportunities and discussing the future of blockchain technology. By fostering connections among blockchain enthusiasts, Bitget aimed to highlight the importance of community-driven initiatives in advancing innovation and inclusivity within the crypto ecosystem.

The Iftar night event aligns with Bitget’s 100,000-meal donation initiative. Attendees contributed through donations, with Bitget matching each dollar raised. 

“Ramadan is a time for reflection, gratitude, and giving back. By bringing together leaders, investors and experts from the blockchain space and supporting those in need through our meal donation program, we aim to embody the values of compassion and unity. ” said Vugar Usi Zade, COO of Bitget. “We’re committed to doing our part, and we’ll keep pushing to help as many people as we can—not just during Ramadan, but every chance we get.

The 100,000-meal initiative targets vulnerable communities in regions facing significant challenges, aiming to alleviate hunger during the holy month. To achieve the fundraising target, Bitget has introduced initiatives encouraging participation from users, VIP clients, and influencer partners. Exclusive auctions featuring memorabilia from partnerships with La Liga also go towards the fundraiser.

Bitget’s Ramadan Iftar Night celebrated cultural traditions and promoted popularization of technology and humanitarian efforts. In a total so far, Bitget has raised 42604 meals aiming to surpass 100,000 anticipating auction results and events upcoming in Jakarta and Malaysia. The blockchain industry continues to evolve, Bitget remains steadfast in its pledge to empower communities, drive innovation, and create lasting positive impact.

Media partners: Bitcoinist | Blockchain Reporter | Bitcoin.com | Coinedition | Coingape |Crypto news | Crypto Daily | Cryptopolitan | Cryptorank | Mpost | NewsBTC | UAE news 247

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, 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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