Connect with us

Press Release

The Recent BitMEX Scandal and Zeabit as The Better Exchange Alternative

Published

on

If you have been keeping up with the crypto news, you have heard of the BitMEX scandal. If you are yet to hear about the scandal, then you are reading the right article.

The BitMEX Scandal

The Federal government recently filed civil and criminal charges against BitMEX and four of its top executives.

  1. The U.S CFTC filed civil charges against BitMEX and its affiliates claiming that the company operated an unregistered trading platform. It was also accused of failing to implement anti-money laundering controls such as checking the identities of the service traders.
  2. The New York federal prosecutors filed parallel criminal charges against BitMEX CEO Arthur Hayes, co-founder Benjamin Dalo, Chief technology officer Samuel Reed, and Gregory Dwyer who is the head of business development.
  3. Similarly, the government alleged that the executives had failed to establish anti-money laundering practices like collecting user identity information and reporting suspicious transactions, required under the Bank Secrecy Act. According to prosecutors, the charges are punishable by up to five years in prison.

The charges which immediately disrupted a key component of the global cryptocurrency market sent most cryptocurrencies into an immediate selloff.

Within two hours of becoming public, the price of Bitcoin dropped more than 3%.

BitMEX founders are stepping down from their executive roles following the exchange being charged with illegal conduct.  Last Thursday, 100x announced that founders Arthur Hayes and Samuel Reed stepped back from all executive management responsibilities for their respective CEO and CTO roles with immediate effect. Vivien Khoo, currently a chief operating officer of 100x Group, will become Interim CEO, while Ben Radclyffe, commercial director, will take on a supporting role with greater management of client relationships and oversight of financial products.

The scandal has had a serious effect on the platform. Not only has it led to huge losses, but it has also caused many of the investors to move to other exchange platforms because of the lack of trust.

Zeabit as The Better Exchange Option

With one of the biggest exchange platforms being in such a mess, it is only natural for crypto investors to look for alternative exchange platforms. People are beginning to explore exchanges they had overlooked before and the remaining part of this article introduces an outstanding exchange platform.

Zeabit I an exchange platform that allows quick and secure at the best rates on the market.

  1. Some of the coins supported by the platform include:
  • Bitcoin
  • Litecoin
  • Dashcoin
  • Qturn
  • Ethereum
  • Tether
  • Bitcoin Cash
  • Monero
  1. Getting started

It is very easy to get started on Zeabit, you follow three simple steps that will only take you a couple of minutes. The steps are as follows:

  1. Create an account
  2. Deposit your funds
  3. Start buying and selling
  4. Benefits of trading on Zeabit
  5. Secure storage – a vast majority of their digital assets are stored in secure offline storage
  6. Protected by insurance – All cryptocurrencies stored on their servers are stored by their insurance policy
  7. Extensive support – they support many of the popular digital currencies.
  8. Portfolio features

Create your Zeabit portfolio today and enjoy some of the following outstanding features.

  • Trading and managing several cryptocurrencies on a central platform
  • Determining the frequency and details of all purchases
  • Extremely high-security levels – your funds are stored in a vault with time delayed withdrawals
  • 100% compatibility with all types of devices and browsers

Conclusion

When it comes to crypto trading, customer safety and security are non-negotiable. Zeabit gives you 100% responsiveness, accessibility from and browser, and saves you the installation hustle. To check zeabit just acess zeabit.com


This is a Paid Press Release.

The Bitcoin Daily is one of the most reliable and leading portal about Technology News, Latest Updates, Financial News, Business and any all subjects related to technology and blockchain.

Continue Reading

Press Release

Camp Network, the Autonomous IP Layer 1 Blockchain, Launches its K2 Public Testnet

Published

on

Following a Successful $30M Fundraise, Camp Launches K2 Public Testnet and Summit Series Campaign

Camp Network today announced the launch of its K2 public testnet for its Autonomous IP Layer 1 blockchain, alongside the Summit Series ecosystem campaign where users can traverse through live applications on Camp.

Summit Series offers users the unique chance to explore and engage with Camp’s growing ecosystem by completing onchain quests through a customized campsite frontend experience. The first set of decentralized apps are live for its Phase 1 launch, with dozens more rolling out in the coming months leading up to Camp’s anticipated mainnet release later this year. Camp’s ecosystem partners collectively reach over 5 million users and creative works, offering contributors a pathway to shape the future of onchain IP.

“We invite the community to join us as we hike toward the mainnet summit,” said James Chi, Co-Founder of Camp Network. “This is a chance to help shape the future of AI-native creativity and onchain IP provenance via live applications on Camp.”

The public testnet follows Camp’s recent $30M in total fundraising, including a Series A round co-led by 1kx and Blockchain Capital. Powered by its Proof of Provenance protocol, Camp enables users to register and tokenize their intellectual property onchain, train and deploy AI agents, and earn transparent, enforceable royalties from downstream usage. Camp’s architecture supports gasless IP registration, automated licensing and isolated execution environments optimized for agent-based workflows. It’s built to serve a new class of developers, creators and AI-native applications.

“The Summit Series kicks off a pivotal first step for our ecosystem partners. Each team has invested an incredible amount of work, and I’m excited for them to showcase what they’ve built to our community and beyond,” said Drew Rasansky, Head of Ecosystem at Camp Network

Camp Network is more than a blockchain — it’s a foundation for a more equitable internet, where creative work is protected, attributed and monetized transparently. Across any form of IP including art, music, film, data and videos, Camp enables collaboration between human creativity and intelligent systems, all backed by verifiable provenance.

To learn more about Camp Network, visit campnetwork.xyz. To join the Summit Series, visit testnet.campnetwork.xyz 

Website | Twitter | Discord | Docs 

Continue Reading

Press Release

Limoverse Skyrockets 68% After Revealing MAIA, the AI Agent Redefining Wellness Tech

Published

on

Limoverse, the leading Web3-powered health and wellness ecosystem, is riding a strong wave of momentum. With a 47% price increase in just seven days and nearly 70% growth over the past month, the $LIMO token is making its mark — fueled by strategic product rollouts, rising adoption, and the global launch of MAIA, the AI health agent that’s already shifting how people engage with their wellness.

Precision Wellness Goes Mainstream: MAIA’s Public Debut

At the center of this surge is MAIA — Limoverse’s AI-powered health agent designed to interpret blood and genetic data into personalized, actionable insights. After a month in early access, MAIA launched for public on April 30, allowing anyone to experience its advanced capabilities for the first time. For users, it brings health optimization down to earth — translating complex bio-reports into simple, human conversations.

“MAIA makes precision wellness as simple as chatting with a friend — and it’s already transforming user engagement,” said Dr. Sajeev Nair, Founder of Limoverse.

Token Utility Strengthens as Ecosystem Expands

With MAIA now available and the Limoverse SuperApp ecosystem gaining traction, the $LIMO token is evolving into a true utility asset. It unlocks premium features, advanced biomarker tracking, and a growing suite of AI-driven tools within the Limoverse platform. The user journey is no longer passive — it’s interactive, rewarding, and driven by meaningful, daily health inputs.

“Our community doesn’t just trade the token — they run, lift, meditate, and share biomarkers every day. That real-world utility is finally being priced in,” said Mohit Ahuja, Chief Strategy Officer.

Three‑Month Scorecard: February to April 2025

Limoverse’s growth over the past quarter highlights the power of consistent execution and strategic focus. Below are some of the key milestones achieved between February and April 2025:

  • 200k+ SuperApp downloads — Fastest quarter-to-quarter growth to date
  • 86M $LIMO burned — Sustained deflation via Move-to-Earn
  • 7 new CEX listings — Global liquidity expansion
  • Global Community Meet (Apr 29) — MAIA demo + roadmap unveiled
  • Crypto Debit Card beta announced — Health-driven crypto spending now a reality

Community-Driven Growth and Consistent Execution

Beyond tech, what sets Limoverse apart is the consistency in communication and commitment to its user base. Regular product updates, live events, and transparent dialogue have built trust across global users. As the platform evolves, the people who fuel it remain front and center — actively contributing to both product feedback and ecosystem growth.

Roadmap: What’s Next

With the recent wins laying a solid foundation, Limoverse is gearing up for its next chapter of growth:

  • iOS SuperApp Launch (Q2) — Includes face-scan vitals, AI fitness coach, and in-app $LIMO top-ups
  • Regional Expansion — Targeting 25k paid subscribers across North America, Southeast Asia, and Africa
  • Token Utility Expansion — Introducing subscription bundles, debit card rewards, and partner integrations
  • MAIA v2 Rollout — Enhanced wearable sync, multilingual voice support, and longevity-focused intelligence

A Future That’s Already in Motion

The surge in $LIMO isn’t just market noise — it reflects a project hitting its stride. With AI-driven health tools, real-world token utility, and a community-first approach, Limoverse is delivering on the promise of personalized, decentralized wellness. The past month was just the beginning. The next phase is about scaling that vision to every corner of the globe.

Official Website: https://limoverse.io

X: https://x.com/limoverseglobal

Telegram: https://t.me/limoverse

Continue Reading

Press Release

PeerGame Launches Seamless Wallet Integration with HandCash

Published

on

Leading cryptocurrency gaming company PeerGame has announced its exclusive integration with HandCash, which enables players to connect their crypto wallets and begin playing quickly and easily. 

HandCash is a digital wallet designed for seamless management of Bitcoin Satoshi Vision (BSV) and other digital assets. It allows users to make quick, secure transactions, store tokens, and interact with decentralised applications, all through a user-friendly interface. The integration with the PeerGame platform means no lengthy sign-up process is needed, and players can immediately enjoy PeerGame’s wide range of games. By streamlining the process, the platform ensures a frictionless entry into the gaming world.

This innovative partnership emphasises PeerGame’s commitment to offering a smooth, user-centric experience that puts control in the hands of the player. This is an example of one of the easiest and fastest ways to start playing, enhancing both convenience and speed for all players. BSV Blockchain’s fast transactions and low fees play a key role in this, providing instant deposits and withdrawals that further improve the overall experience. Transactions are seamless, ensuring that players retain full control of their funds at all times while offering greater security and transparency.

Margie Dobrowolski, Project Lead at PeerGame, commented: 

“This is an exciting new prospect for our clients as they will be able to instantly connect their wallets and begin playing, bypassing the traditional and lengthy account registration process. The unique wallet connection and integration with HandCash is exclusive to PeerGame, making it a standout feature within the iGaming industry. While other services may utilise the same connection, none integrate it within the gaming sector in the same way.”

For more information about PeerGame visit https://peergame.com/

About PeerGame

PeerGame is a leading technology company that aims to revolutionise Casino 2.0, leveraging the power of Bitcoin SV to build a frictionless, fast and easy-to-use gaming platform. 

Continue Reading

Trending