Press Release
The Recent BitMEX Scandal and Zeabit as The Better Exchange Alternative
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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.
- 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.
- 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.
- 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.
- Some of the coins supported by the platform include:
- Bitcoin
- Litecoin
- Dashcoin
- Qturn
- Ethereum
- Tether
- Bitcoin Cash
- Monero
- 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:
- Create an account
- Deposit your funds
- Start buying and selling
- Benefits of trading on Zeabit
- Secure storage – a vast majority of their digital assets are stored in secure offline storage
- Protected by insurance – All cryptocurrencies stored on their servers are stored by their insurance policy
- Extensive support – they support many of the popular digital currencies.
- 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.
Press Release
CertiK to Showcase Web3 Security Innovations at Hong Kong Web3 Festival 2025
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CertiK, the leading Web3 security firm, announced its participation in the Hong Kong Web3 Festival 2025, one of the largest and most influential Web3 events of the year. As a key player in blockchain security, CertiK will highlight its largest advancements in smart contract auditing, formal verification, and ecosystem solutions at the event, reinforcing its commitment to safeguarding the Web3 industry.
The Hong Kong Web3 Festival 2025, taking place from April 6–9, 2025, will bring together industry leaders, innovators, and policymakers to explore the latest trends and challenges in blockchain technology. CertiK’s presence at the event underscores its role as a trusted security partner for Web3 projects worldwide.
CertiK enters 2025, following a year of major achievements:
Apple acknowledged CertiK for the sixth time for identifying a vulnerability in Apple Vision Pro’s eye-tracking technology, while Samsung recognized CertiK’s discovery of a high-severity issue in the Blockchain Keystore.
● CertiK completed the first-ever formal verification of the ZKWasm Circuit, a breakthrough in the ZK-proof ecosystem.
● CertiK expanded its security expertise into the Decentralized Physical Infrastructure Network (DePIN) space, working with projects like APhone and Aethir to mitigate security risks.
● CertiK audited six of Forbes’ Top 10 Tokens in the first half of 2024, including TON, Core DAO, PEPE, FLOKI, FET, and Bitget.
● CertiK contributed stablecoin regulatory proposals to the Hong Kong Monetary Authority (HKMA) and Hong Kong’s Financial Services and the Treasury Bureau (FSTB), both of which were approved.
Beyond security, CertiK is actively investing in Web3 growth through CertiK Ventures, a newly launched investment initiative with a multi-million dollar fund dedicated to supporting emerging blockchain projects.
As Web3 adoption accelerates, security remains a top priority for both Web3 projects and investors. CertiK invites attendees to connect at the festival to explore how its cutting-edge security solutions can protect and empower Web3 innovations.
CertiK’s Official Website: https://www.certik.com/
Hong Kong Web3 Festival 2025: https://www.web3festival.org/hongkong2025/?lang=zh#/en
About CertiK
CertiK is a pioneer in blockchain security, utilizing industry-leading formal verification technology to protect and monitor blockchain protocols and smart contracts. Founded in 2018 by professors from Yale University and Columbia University, CertiK’s mission is to secure the Web3 world. CertiK applies cutting-edge innovations from academia to enterprise, enabling mission-critical applications to scale with safety and correctness.
One of the fastest-growing and most trusted companies in blockchain security, CertiK is a true market leader. To date, CertiK has worked with more than 4,800 enterprise clients, secured over $530 billion worth of digital assets, and detected more than 115,000 vulnerabilities in blockchain code. Our clients include industry-leading projects such as Aptos, Ripple, Sandbox, Polygon, BNB Chain, and TON.
CertiK is backed by InsightPartners, Sequoia, Tiger Global, Coatue Management, Lightspeed, Advent International, SoftBank, Hillhouse Capital, Goldman Sachs, Coinbase Ventures,
Binance, Shunwei Capital, IDG Capital, Wing, Legend Star, Danhua Capital, and other investors.
Follow Discord, Telegram, and Twitter for the latest news and announcements.
Press Release
TiDB Sponsors HK Web3 Festival 2025: Empowering Web3 Innovation and Infrastructure
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For the third consecutive year, TiDB is proud to sponsor the HK Web3 Festival 2025, a global gathering of Web3 pioneers and industry leaders. This premier event highlights the latest developments in decentralized technology and its transformative potential across industries.
As a leader in data management solutions for Web3 infrastructure and wallet services, TiDB plays a pivotal role in driving innovation within the decentralized ecosystem. From managing massive on-chain data to enabling real-time queries analytics for DeFi and NFT platforms, TiDB empowers developers and businesses to unlock new opportunities in the Web3 space.
The Growing Importance of On-Chain Data Services
Web3 is reshaping the internet by leveraging decentralized technologies and smart contracts. At the heart of this evolution are on-chain data services, which act as the backbone for countless Web3 applications. These services are critical for:
- Unlocking Blockchain Value: Blockchain data holds immense untapped potential. Data service providers extract actionable insights from this “gold mine,” offering solutions that drive business value.
- Preventing Redundancy: Web3 fosters knowledge sharing. By enabling developers, companies, and wallet users to access shared data services, TiDB reduces repetitive efforts.
- Driving Competition and Innovation: In the race to solve industry pain points, data providers delivering the fastest and most effective solutions gain a competitive edge.
- Supporting dApp Development: On-chain data services power decentralized application (dApp) development, fostering creativity and growth within the Web3 ecosystem.
- Improving Data Usability: Professional data solutions ensure blockchain data is consistent, accessible, and easy to use, helping developers, businesses, and users harness its full potential.
TiDB: The Backbone of High-Performance Web3 Data Services
TiDB is an open-source, distributed SQL database designed to handle the unique workload requirements of Web3. With its ability to scale efficiently, manage large-scale data, and deliver high-performance analytics, TiDB is uniquely suited to support the demands of decentralized applications and infrastructure.
For a deeper dive into how TiDB is shaping the future of Web3 data services, read our whitepaper here.
Join Us at HK Web3 Festival 2025
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Visit TiDB at Booth H18 during the HK Web3 Festival 2025 to explore the future of blockchain and discover how our database solutions are driving innovation in the Web3 ecosystem. Let’s shape the future of decentralized technology together!
Hong Kong Web3 Festival 2025: https://www.web3festival.org/hongkong2025/?lang=zh#/en
Press Release
Digital Revenue World: Your Trusted Guide in the Cryptocurrency Investment Landscape
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In an era where the cryptocurrency market is evolving at an unprecedented pace, investors and enthusiasts are constantly seeking reliable, in-depth, and actionable insights to navigate this dynamic landscape. Enter Digital Revenue World, a comprehensive platform dedicated to empowering cryptocurrency investors with expert analysis, detailed reviews, and cutting-edge market insights.
With over 15,000 cryptocurrencies evaluated, Digital Revenue World has established itself as a trusted resource for both seasoned investors and newcomers alike. The platform offers a wide range of services tailored to meet the unique needs of the crypto community, including in-depth reviews of cryptocurrencies, exchanges, wallets, and security protocols. By delivering meticulously researched insights, Digital Revenue World ensures that its users are equipped with the knowledge they need to make informed investment decisions.
“Our mission is simple: to provide clarity and confidence in the often complex world of cryptocurrency investing,” said the Digital Revenue World team. “We carefully evaluate each cryptocurrency, analyze market trends, and deliver reliable comparisons to help our users stay ahead of the curve. Whether you’re looking to diversify your portfolio or explore new opportunities, we’re here to guide you every step of the way.”
What Sets Digital Revenue World Apart?
Digital Revenue World stands out in the crowded cryptocurrency space by offering:
- Expert Analysis: A dedicated team of professionals conducts thorough evaluations of cryptocurrencies, ensuring users have access to accurate and up-to-date information.
- Comprehensive Review*: From emerging altcoins to established giants like Bitcoin and Ethereum, the platform covers a wide spectrum of digital assets.
- Market Trends and Insights: Stay informed about the latest developments, trends, and opportunities in the crypto market.
- Security and Trust: With a focus on security, Digital Revenue World provides valuable guidance on safeguarding investments and navigating the risks associated with digital assets.
The platform’s user-friendly interface and commitment to transparency have made it a go-to destination for cryptocurrency enthusiasts worldwide. Whether you’re exploring new investment opportunities or seeking to optimize your existing portfolio, Digital Revenue World offers the tools and insights you need to succeed.
Join the Digital Revenue World Community
Digital Revenue World is more than just a platform—it’s a community of like-minded individuals passionate about the future of cryptocurrency. By connecting with Digital Revenue World on Facebook and Instagram, users can stay updated on the latest reviews, market trends, and expert advice.
“We believe that knowledge is power, and our goal is to empower our users to make confident, informed decisions,” the team added. “Cryptocurrency investing doesn’t have to be overwhelming. With the right resources and guidance, anyone can navigate this exciting space and achieve their financial goals.”
For more information, visit https://digitalrevenueworldcoin.com/ and join the growing community of informed investors today.
About Digital Revenue World
Digital Revenue World is a leading platform offering comprehensive cryptocurrency reviews, market insights, and expert analysis. With over 15,000 cryptocurrencies evaluated, the platform is dedicated to helping investors make informed decisions and navigate the ever-changing world of digital assets.
Website: https://digitalrevenueworldcoin.com/
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