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Bitget Becomes the First CEX to Introduce Bittensor’s TAO PoS Staking

Bitget Becomes the First CEX to Introduce Bittensor’s TAO PoS Staking

Bitget Becomes the First CEX to Introduce Bittensor's TAO PoS Staking

VICTORIA, Seychelles, Jan. 16, 2025 (GLOBE NEWSWIRE) — Bitget, the leading cryptocurrency exchange and Web3 company, is set to become the first major centralized exchange (CEX) to offer staking for Bittensor’s native token, $TAO, providing users with the opportunity to earn rewards directly on its platform. This low-risk financial tool enables participants to earn rewards by allocating crypto via staking to validate blockchain transactions, eliminating intermediaries and enhancing decentralized financial participation.

The new feature simplifies traditional staking processes by enabling users to stake their PoS assets directly on blockchain networks. It eradicates the need for specialized hardware or intricate setups, making it an accessible option for both novice and experienced investors. Users can now stake their assets and receive rewards in the same tokens, benefiting in building low-risk wealth growth.

Using a Proof-of-Stake (PoS) consensus mechanism, $TAO staking enables token holders to take part in network validation to safeguard the Bittensor network and get incentives. Since staked assets are immediately locked into PoS networks, Bitget’s $TAO staking feature allows token holders to profit without managing their own validator node for token holders.

The integration offers multiple benefits, including real-time earnings visibility, stable returns, and enhanced security. By locking assets during the staking period, Bitget minimizes risks such as loss or theft of private keys, presenting one of the safest methods for asset growth.

With AI expecting to continue gaining mainstream traction, $TAO staking offers an opportunity for stakers to yield an impressive 15% APR, exceeding yield rewards from other on-chain node staking options. $TAO staking opens the door for users to engage in both crypto and AI sectors, signaling Bitget’s growing commitment to provide users with tools and opportunities in shaping the decentralized finance (DeFi) ecosystem.

Bitget’s staking feature offers a range of benefits, making it an ideal choice for those seeking conservative yet effective wealth growth. Investors can achieve stable returns over time with reinvestment options that enhance asset growth without added risk. The platform simplifies staking and redemption, catering to all types of users. With no fees charged and returns aligned with the underlying blockchain’s performance, Bitget provides a reliable, market-aligned solution for growing crypto holdings.

Bitget users can now access $TAO staking through their accounts. To start staking and earning rewards, visit here.

About Bitget

Established in 2018, Bitget is the world’s leading cryptocurrency exchange and Web3 company. Serving over 45 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 Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (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

For media inquiries, please contact: [email protected]

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.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/d8f7a981-4571-4290-9cb9-b595b2d00685

GlobeNewswire Distribution ID 1001043415

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Bitget Becomes the First CEX to Introduce Bittensor’s TAO PoS Staking

Bitget Becomes the First CEX to Introduce Bittensor’s TAO PoS Staking

Bitget Becomes the First CEX to Introduce Bittensor's TAO PoS Staking

VICTORIA, Seychelles, Jan. 16, 2025 (GLOBE NEWSWIRE) — Bitget, the leading cryptocurrency exchange and Web3 company, is set to become the first major centralized exchange (CEX) to offer staking for Bittensor’s native token, $TAO, providing users with the opportunity to earn rewards directly on its platform. This low-risk financial tool enables participants to earn rewards by allocating crypto via staking to validate blockchain transactions, eliminating intermediaries and enhancing decentralized financial participation.

The new feature simplifies traditional staking processes by enabling users to stake their PoS assets directly on blockchain networks. It eradicates the need for specialized hardware or intricate setups, making it an accessible option for both novice and experienced investors. Users can now stake their assets and receive rewards in the same tokens, benefiting in building low-risk wealth growth.

Using a Proof-of-Stake (PoS) consensus mechanism, $TAO staking enables token holders to take part in network validation to safeguard the Bittensor network and get incentives. Since staked assets are immediately locked into PoS networks, Bitget’s $TAO staking feature allows token holders to profit without managing their own validator node for token holders.

The integration offers multiple benefits, including real-time earnings visibility, stable returns, and enhanced security. By locking assets during the staking period, Bitget minimizes risks such as loss or theft of private keys, presenting one of the safest methods for asset growth.

With AI expecting to continue gaining mainstream traction, $TAO staking offers an opportunity for stakers to yield an impressive 15% APR, exceeding yield rewards from other on-chain node staking options. $TAO staking opens the door for users to engage in both crypto and AI sectors, signaling Bitget’s growing commitment to provide users with tools and opportunities in shaping the decentralized finance (DeFi) ecosystem.

Bitget’s staking feature offers a range of benefits, making it an ideal choice for those seeking conservative yet effective wealth growth. Investors can achieve stable returns over time with reinvestment options that enhance asset growth without added risk. The platform simplifies staking and redemption, catering to all types of users. With no fees charged and returns aligned with the underlying blockchain’s performance, Bitget provides a reliable, market-aligned solution for growing crypto holdings.

Bitget users can now access $TAO staking through their accounts. To start staking and earning rewards, visit here.

About Bitget

Established in 2018, Bitget is the world’s leading cryptocurrency exchange and Web3 company. Serving over 45 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 Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (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

For media inquiries, please contact: [email protected]

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.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/d8f7a981-4571-4290-9cb9-b595b2d00685

GlobeNewswire Distribution ID 1001043415

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Global finance leaders set tone for 2025 at the Asian Financial Forum

HONG KONG SAR – Media OutReach Newswire – 16 January 2025 – The 18th Asian Financial Forum (AFF) concluded successfully on January 14 after a two-day run at the Hong Kong Convention and Exhibition Centre, which drew more than 3,600 participants, including over 130 high-level speakers, and facilitated 700-plus one-on-one AFF Deal-making meetings to link up sources of funds with investment projects around the globe.

 

 

 

 

The Asian Financial Forum draws 3,600-plus policymakers and business leaders from over 50 countries and regions.

Co-organised by the Hong Kong Special Administrative Region (HKSAR) Government and the Hong Kong Trade Development Council (HKTDC) under the theme Powering the Next Growth Engine, the atmosphere at AFF “was vibrant and charged with positive energy”.

As the year’s first large-scale international financial and business event in the region, AFF 2025 leveraged Hong Kong’s role as an international financial centre to strengthen the international communication platform, foster multilateral cooperation and promote mutually beneficial outcomes.

Chief Executive of the Hong Kong Special Administrative Region John Lee met with visiting senior officials of foreign governments and the President of the Asian Infrastructure Investment Bank (AIIB), Jin Liqun, expressing gratitude to them for serving as speakers at the AFF. Mr Lee said that as a member of the AIIB, Hong Kong would make good use of its own robust financial system and unique advantages in bridging Eastern and Western cultures to contribute to the long-term development of the AIIB.

In line with the HKSAR Government’s initiatives to promote sustainable development, one of the sessions featured experts including Sue Lloyd, Vice Chair of the International Sustainability Standards Board (ISSB), who delved into the adoption of financial disclosure standards to enhance confidence in Hong Kong’s capital markets.

Another highlight of AFF 2025 was the inaugural Gulf Cooperation Council (GCC) Chapter, connecting finance leaders from Hong Kong and GCC member states with a view to strengthening bilateral financial cooperation and investment.

 

 

 

 

 

 

 


The first-ever Gulf Cooperation Council Chapter is successfully held at the Asian Financial Forum on January 14.

In addition, pioneers from a range of industries participated in sessions such as CIO Insights, Dialogues for Tomorrow and Global Spectrum, focusing on hot topics ranging from fintech and capital markets to female entrepreneurship and philanthropy. In a session titled Global Spectrum – The Role of Large Companies in Supporting Start-ups and Social Enterprises, Joe Tsai, Chairman of the Alibaba Group, shared his views on how large companies spur economic development.

This year’s AFF Deal-making, co-organised by the HKTDC and the Hong Kong Venture Capital and Private Equity Association, brought together more than 270 investors and over 560 investment projects with more than 700 one-on-one meetings held. They covered a wide spectrum of sectors such as fintech, healthtech, deep tech, consumer goods, infrastructure and real estate, environment, energy and environmental technology.

The lively atmosphere at the venue was enhanced by the presence of several on-site exhibition zones, which helped to create business connections and promote networking. They included the Fintech Showcase, Fintech HK Startup Salon, the InnoVenture Salon, and the Global Investment Zone. Among the 140 exhibitors were international financial institutions, technology companies, start-ups and investment promotion agencies.

The AFF is a signature event of 2025 International Financial Week, which runs from January 13 to 17 and brings together more than 20 partner events to create synergies in the industry. Three other events which ran concurrently with the AFF include Hong Kong International Fundraising Roundtable 2025, Malaysia–Hong Kong Islamic Finance Roundtable, and the Family Office Symposium.

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AACSB and AArU Begin Groundbreaking Partnership to Advance Quality Education Across the Arab World

AACSB and AArU Sign MOU in Dubai

AArU Secretary General, Prof. Dr. Amr Ezzat Salama (left) and AACSB President and CEO, Lily Bi (right) shake hands after formally signing MOU at AACSB’s MENA Conference in Dubai, UAE.

DUBAI, United Arab Emirates, Jan. 15, 2025 (GLOBE NEWSWIRE) — The Association of Arab Universities (AArU) and AACSB International (AACSB) have formalized a strategic partnership by signing a Memorandum of Understanding (MOU), during AACSB’s Middle East and North Africa conference in Dubai, UAE.

The agreement outlines a shared commitment to providing opportunities for schools within the AArU membership to experience the advantages of specified membership benefits in both AACSB and AArU. AArU members will be provided the opportunity to work towards advancing accreditation efforts, and promote best practices in business education. This partnership will support universities across the Arab world in achieving global standards of excellence while addressing region-specific challenges in higher education and economic development.

“The Association of Arab Universities seeks to enhance the quality of higher education and elevate the level of academic accreditation to meet international standards. This agreement with AACSB, one of the most important international accreditation institutions, is part of the Association’s vision to develop academic excellence, improve the efficiency of Arab educational institutions, and enhance their competitiveness,” says Professor Dr. Amr Ezzat Salama, Secretary General of AArU.

“AACSB is proud to collaborate with the Association of Arab Universities supporting the advancement of quality education in the Arab region. This partnership underscores our shared commitment to fostering excellence, innovation, and impact in education worldwide. With a century old tradition of continuous improvement and impact, we are honored to join AArU today and celebrate our mutual commitment to quality education,” says Lily Bi President and CEO of AACSB.

The MOU is a testament to the shared vision of both organizations to nurture future-ready business leaders in higher education. The AArU, established in 1964, is dedicated to strengthening cooperation between its 450 member universities in the Arab world and supporting their contributions to sustainable development. AACSB, with its global network of over 1,900 member organizations, has been driving excellence in business education for more than a century.

This partnership represents a significant step toward creating a more globally connected and impactful business education ecosystem in the Arab region.

A formal signing of the agreement occurred at the AACSB MENA Conference in Dubai, UAE including AACSB President and CEO Lily Bi and AArU Secretary General Professor Dr. Amr Ezzat Salama.

About AACSB International

Established in 1916, AACSB International (AACSB) is the world’s largest business education alliance, connecting educators, learners, and business to create the next generation of great leaders. With members in over 100 countries and territories, AACSB fosters engagement, accelerates innovation, and amplifies impact in business education. Learn how AACSB and business schools from around the world are leading boldly in business education at aacsb.edu.

For More Information Contact:
Leah McBride
1+813.367.5238
[email protected]

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/2d0a564b-56be-4764-b6b1-ccb313ca064b

GlobeNewswire Distribution ID 9332698

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ROSEN, NATIONAL TRIAL LAWYERS, Encourages Applied Therapeutics, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – APLT

NEW YORK, Jan. 15, 2025 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Applied Therapeutics, Inc. (NASDAQ: APLT) between January 3, 2024 and December 2, 2024, both dates inclusive (the “Class Period”), of the important February 18, 2025 lead plaintiff deadline.

SO WHAT: If you purchased Applied Therapeutics securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Applied Therapeutics class action, go to https://rosenlegal.com/submit-form/?case_id=32500 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than February 18, 2025. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm achieved the largest ever securities class action settlement against a Chinese Company at the time. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, statements made during the class period were false and/or materially misleading because they concealed and misrepresented the clinical trial protocols and procedures that Applied Therapeutics had in place. Therefore, defendants provided investors with the false impression that protocol and good clinical practices were being properly followed. The lawsuit alleges that, in truth, Applied Therapeutics was not adhering to trial protocol and good clinical practices which, in turn, created an exceedingly severe risk that the trial data would be rejected by the U.S. Food and Drug Administration (“FDA”) in the context of a New Drug Application. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Applied Therapeutics class action, go to https://rosenlegal.com/submit-form/?case_id=32500 call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm or on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm.

Attorney Advertising. Prior results do not guarantee a similar outcome.

——————————-

Contact Information:

        Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
[email protected]
www.rosenlegal.com

GlobeNewswire Distribution ID 9332560

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AACSB and AArU Begin Groundbreaking Partnership to Advance Quality Education Across the Arab World

AACSB and AArU Sign MOU in Dubai

AArU Secretary General, Prof. Dr. Amr Ezzat Salama (left) and AACSB President and CEO, Lily Bi (right) shake hands after formally signing MOU at AACSB’s MENA Conference in Dubai, UAE.

DUBAI, United Arab Emirates, Jan. 15, 2025 (GLOBE NEWSWIRE) — The Association of Arab Universities (AArU) and AACSB International (AACSB) have formalized a strategic partnership by signing a Memorandum of Understanding (MOU), during AACSB’s Middle East and North Africa conference in Dubai, UAE.

The agreement outlines a shared commitment to providing opportunities for schools within the AArU membership to experience the advantages of specified membership benefits in both AACSB and AArU. AArU members will be provided the opportunity to work towards advancing accreditation efforts, and promote best practices in business education. This partnership will support universities across the Arab world in achieving global standards of excellence while addressing region-specific challenges in higher education and economic development.

“The Association of Arab Universities seeks to enhance the quality of higher education and elevate the level of academic accreditation to meet international standards. This agreement with AACSB, one of the most important international accreditation institutions, is part of the Association’s vision to develop academic excellence, improve the efficiency of Arab educational institutions, and enhance their competitiveness,” says Professor Dr. Amr Ezzat Salama, Secretary General of AArU.

“AACSB is proud to collaborate with the Association of Arab Universities supporting the advancement of quality education in the Arab region. This partnership underscores our shared commitment to fostering excellence, innovation, and impact in education worldwide. With a century old tradition of continuous improvement and impact, we are honored to join AArU today and celebrate our mutual commitment to quality education,” says Lily Bi President and CEO of AACSB.

The MOU is a testament to the shared vision of both organizations to nurture future-ready business leaders in higher education. The AArU, established in 1964, is dedicated to strengthening cooperation between its 450 member universities in the Arab world and supporting their contributions to sustainable development. AACSB, with its global network of over 1,900 member organizations, has been driving excellence in business education for more than a century.

This partnership represents a significant step toward creating a more globally connected and impactful business education ecosystem in the Arab region.

A formal signing of the agreement occurred at the AACSB MENA Conference in Dubai, UAE including AACSB President and CEO Lily Bi and AArU Secretary General Professor Dr. Amr Ezzat Salama.

About AACSB International

Established in 1916, AACSB International (AACSB) is the world’s largest business education alliance, connecting educators, learners, and business to create the next generation of great leaders. With members in over 100 countries and territories, AACSB fosters engagement, accelerates innovation, and amplifies impact in business education. Learn how AACSB and business schools from around the world are leading boldly in business education at aacsb.edu.

For More Information Contact:
Leah McBride
1+813.367.5238
[email protected]

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/2d0a564b-56be-4764-b6b1-ccb313ca064b


GlobeNewswire Distribution ID 9332639