Press Release
HTX Ventures Invests in Babylon to Advance Trustless Bitcoin Staking
–News Direct–
Singapore / May 31, 2024 HTX Ventures, the global investment arm of the cryptocurrency exchange HTX, has announced a strategic investment in Babylon, a Bitcoin staking protocol. This investment underlines HTX Ventures commitment to fostering innovation and supporting groundbreaking technologies in the blockchain and cryptocurrency sectors.
Babylon builds infrastructure that allows proof-of-stake systems to obtain staking capital from Bitcoin. The platform uses modular design and slashing functionality to let stake-base systems, such as blockchains, Layer 2s, DA layers and oracles, and incorporates Bitcoin as a staking and restaking asset.
"HTX Ventures is excited to support Babylon's pioneering efforts in harnessing Bitcoin for decentralized security," said Edward, Managing Partner of HTX Ventures. "Babylons trustless design unlocks new possibilities for Bitcoin, transforming its utility and paving the way for innovative Bitcoin-native applications. We believe Babylon will play a crucial role in advancing the blockchain ecosystem, and are proud to be a part of this transformative journey."
"This funding will accelerate our mission to make Bitcoin the security backbone of PoS systems," Babylon co-founder David Tse said in a statement. "Our team is dedicated to advancing the utility of Bitcoin beyond its traditional roles and enhancing the security of the entire blockchain ecosystem."
Babylon recently raised $70 million in a funding round led by the venture firm Paradigm. In February 2024, Babylon launched the worlds first trustless Bitcoin staking testnet, attracting over 100,000 stakers within 48 hours. This remarkable response highlights the platforms potential to transform Bitcoin into the security backbone of PoS systems. This achievement underscores Babylons technical expertise and commitment to fostering a secure, decentralized economy.
About HTX Ventures
HTX Ventures, the global investment division of HTX, integrates investment, incubation, and research to identify the best and brightest teams worldwide. With a decade-long history as an industry pioneer, HTX Ventures excels at identifying cutting-edge technologies and emerging business models within the sector. To foster growth within the blockchain ecosystem, we provide comprehensive support to projects, including financing, resources, and strategic advice.
HTX Ventures currently backs over 200 projects spanning multiple blockchain sectors, with select high-quality initiatives already trading on the HTX exchange. Furthermore, as one of the most active Fund of Funds (FOF) investors, HTX Ventures collaboratively forges the blockchain ecosystem alongside premier global blockchain funds, including IVC, Shima, and Animoca.
Contact Details
Michael Wang
Company Website
https://www.htx.com/en-us/ventures
About HTX Ventures
HTX Ventures, the global investment division of HTX, integrates investment, incubation, and research to identify the best and brightest teams worldwide.
With a decade-long history as an industry pioneer, HTX Ventures excels at identifying cutting-edge technologies and emerging business models within the sector. To foster growth within the blockchain ecosystem, we provide comprehensive support to projects, including financing, resources, and strategic advice.
HTX Ventures presently backs over 200 projects spanning multiple blockchain sectors, with select high-quality initiatives already trading on the HTX exchange. Furthermore, as one of the most vigorous Fund of Funds (FOF) investors, HTX Ventures collaboratively forges the blockchain ecosystem alongside premier global blockchain funds, including IVC, Shima, and Animoca.
Contact Details
Michael Wang
Company Website
https://www.htx.com/en-us/ventures
View source version on newsdirect.com: https://newsdirect.com/news/htx-ventures-invests-in-babylon-to-advance-trustless-bitcoin-staking-896300314
HTX Ventures
COMTEX_453184315/2655/2024-05-31T22:58:31
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Press Release
Superior Roofing & Siding Long Island Launches to Serve Long Island Homeowners and Businesses
Superior Roofing & Siding Long Island has officially opened its doors, offering expert roofing and siding solutions for residential and commercial properties across Long Island. The company combines decades of industry experience to provide high-quality services, including roof installation, repair, siding installation, maintenance, and comprehensive commercial roofing solutions. With a focus on superior craftsmanship, exceptional customer care, and a customer-first philosophy, Superior Roofing & Siding Long Island is poised to become a trusted name in the Long Island community. Backed by a workmanship guarantee and licensed and insured professionals, the company delivers durable, aesthetically pleasing results that stand the test of time.
Long Island, NY, United States, 6th Jan 2025 – Superior Roofing & Siding Long Island is proud to announce its official opening, bringing expert roofing and siding services to homeowners and businesses throughout Long Island. This new venture combines decades of industry expertise to deliver reliable, high-quality roofing and siding solutions for both residential and commercial properties.
Specializing in comprehensive exterior services, Superior Roofing & Siding Long Island offers roof installation, repair, maintenance, siding installation, and more. With a commitment to superior craftsmanship and exceptional customer care, the company is poised to become Long Island’s go-to solution for protecting and enhancing properties.
“We look forward to bringing an even greater depth of expertise and resources to the Long Island community,” said Julian Hooks, CMO of Contractor Lead Partners. “Together, we aim to provide dependable, long-lasting solutions that improve both functionality and aesthetic appeal.”
Services Offered
- Roof Installation & Repair: High-quality materials and skilled craftsmanship to address all roofing needs.
- Siding Installation & Repair: Durable, weather-resistant siding to protect and beautify homes and businesses.
- Roof Inspections & Maintenance: Preventative services to extend the life of roofs and catch issues early.
- Commercial Roofing Solutions: Expertise in flat, metal, and other commercial roofing systems.
- General Contracting Services: Seamless collaboration with General Contractors for larger projects.
Why Choose Superior Roofing & Siding Long Island?
- Partnership Expertise: Leveraging the resources and experience of expert roofing contractors for unbeatable results.
- Customer-First Philosophy: Transparent communication and tailored solutions for every client.
- Licensed & Insured: Ensuring safety and professionalism on every project.
- Workmanship Guarantee: Backed by a commitment to excellence and client satisfaction.
To mark its grand opening, Superior Roofing & Siding Long Island is offering free roof inspections for a limited time.
Residents and business owners can learn more or schedule a free consultation by visiting https://superiorroofinglongisland.com/ or calling 631-817-4907.
About Superior Roofing & Siding Long Island
Superior Roofing & Siding Long Island is a trusted provider of roofing and siding solutions for Long Island residents and businesses. The company combines unmatched craftsmanship, local expertise, and exceptional service to deliver superior results that stand the test of time.
Media Contact
Organization: Superior Roofing & Siding Long Island
Contact Person: Julian Hooks
Website: https://superiorroofinglongisland.com/
Email: julian@contractorleadpartner.scom
City: Long Island
State: NY
Country: United States
Release Id: 06012522313
The post Superior Roofing & Siding Long Island Launches to Serve Long Island Homeowners and Businesses appeared on King Newswire. It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.
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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
Car Garage Expert Launches Comprehensive Automotive Services in Dubai
Dubai, United Arab Emirates, 6th Jan 2025 – Car Garage Expert, a leading name in automotive services, has announced the launch of its fully integrated car repair and roadside assistance solutions in Dubai. With a mission to redefine convenience and reliability for motorists, the company is set to become a trusted partner for vehicle maintenance and emergency support.
The newly launched services include a state-of-the-art car garage near me offering expert diagnostics, repairs, and routine maintenance for all vehicle types. Complementing this is their 24/7 roadside assistance service, designed to provide immediate help for breakdowns, flat tires, and battery failures across Dubai.
“Drivers in Dubai deserve fast, reliable, and professional automotive services,” said Muhammad Fahad Malik, CEO of Car Garage Expert. “Our integrated approach ensures that whether it’s a routine service or an unexpected roadside emergency, help is always just a call away.”
Car Garage Expert aims to address the challenges of Dubai’s fast-paced lifestyle by offering seamless solutions tailored to the needs of modern motorists. With a focus on quality and customer satisfaction, the company has positioned itself as a one-stop destination for automotive care.
About Car Garage Expert
Car Garage Expert is a premier automotive service provider in Dubai, known for its commitment to excellence and customer-first approach. From cutting-edge car garage facilities to dependable 24/7 roadside assistanceDubai, the company delivers unparalleled convenience and peace of mind to drivers across the city.
Media Contact
Organization: Car Garage Expert
Contact Person: Mian Muhammad Fahad
Website: https://CarGarageExpert.com
Email: info@cargarageexpert.com
Contact Number: +971555797960
Country: United Arab Emirates
Release Id: 06012522292
The post Car Garage Expert Launches Comprehensive Automotive Services in Dubai appeared on King Newswire. It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.
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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
DCpay Launches Revolutionary Cross-Border Payment Solution
Singapore – DCpay, founded by renowned blockchain expert Dr. Wei Junhua, has launched a high-performance cross-border payment platform based on blockchain technology, which aims to replace the traditional SWIFT system and provide low-cost and efficient payment services to global users. This innovative solution has brought disruptive changes to global capital flows and cross-border remittances.
Technological innovation drives payment revolution
DCpay relies on leading blockchain technology to support 100,000 transactions per second and has the ability to expand to 1 million transactions per second. This makes it one of the most efficient payment systems currently. The platform’s native token DCP is similar to Ethereum’s ETH, which is not only used to pay handling fees, but also plays an important role in the entire ecosystem, such as transaction settlement and smart contract execution.
Global legal and compliance layout
DCpay has obtained a cryptocurrency license from the Czech Republic and a Canadian MSB (Money Services Business) license, providing a solid legal basis for its global operations. These qualifications ensure that the platform meets international regulatory requirements and enhances users’ trust in its services.
Wide application scenarios and advantages
DCpay provides legal currency payment and cross-border remittance functions, allowing users to easily transfer funds to any country in the world. Compared with traditional payment methods, its low cost, instant arrival and high transparency are particularly suitable for individual users, small and medium-sized enterprises and cross-border e-commerce.
Future development and market potential
DCpay is committed to continuously optimizing blockchain performance, expanding the scale of the ecosystem, and promoting the popularization of global payments. Dr. Wei Junhua said: “DCpay is not only a payment tool, but also an important bridge connecting the global economy.”
About DCpay
DCpay focuses on using blockchain technology to solve the problem of cross-border payments and provide global users with fast and reliable capital flow solutions. For more information, please visit https://dcpay.io
Or send an email to: admin@dcpay.io
Media Contact:
Full name: WEI JUNHUA
Website: https://dcpay.io
Email: admin@dcpay.io
Address: Singapore
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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
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