A new initiative called the Blockchain for Good Alliance (BGA) has been launched with the aim of utilizing blockchain technology for social good. The alliance is committed to exploring ways in which blockchain can be harnessed to create positive societal impact.
Bybit Releases 32nd Proof of Reserves Report Confirming 1:1 Asset Backing
Bybit has published its 32nd Proof of Reserves report, verifying that all major assets held on the exchange are backed 1:1 or better. **Key Points:** - All major cryptocurrencies fully backed by reserves - Some assets show reserves exceeding user holdings - Part of ongoing transparency initiative with regular reporting The exchange continues its practice of regular reserve audits, with the previous 30th report released in February 2026 showing similar results. These reports aim to provide users with verifiable proof of asset backing rather than relying on claims alone.
Georg Harer Speaks at Paris Blockchain Week on Digital Asset Evolution
**Georg Harer addresses Paris Blockchain Week**, bringing insights from over a decade of experience spanning both digital assets and traditional finance. The presentation comes as **the boundary between fiat and cryptocurrency continues to dissolve**, driven by advancing real-world applications and infrastructure development. Key focus areas: - Integration of traditional finance with digital assets - Evolution of practical use cases - Infrastructure developments bridging both worlds The event highlights ongoing discussions about the **New Financial Platform** initiative and its role in shaping the future of finance.
Bybit Launches XAUT Options Trading with 50,000 USDT Reward Pool

Bybit has launched options trading for **$XAUT** (Tether Gold), accompanied by a rewards program. **Key Details:** - Total reward pool: **50,000 USDT** - Maximum reward per user: **1,000 USDT** - Traders can expand their strategies through options trading **How to Participate:** Trade XAUT options for a chance to share in the reward distribution. The program is now live and accessible to eligible users. [Learn more about the program](https://i.bybit.com/1abqxoayJoin) [Start trading now](https://i.bybit.com/jlxabka) This launch adds gold-backed token options to Bybit's derivatives offerings, providing traders with additional hedging and speculation tools.
PENGUIN Token Launches Community Voting Campaign on ByVotes Platform

The PENGUIN token has launched on the ByVotes platform, attracting significant early participation. **Key Metrics:** - Over 270 million votes cast - More than 8,000 participants engaged - Prize pool of 1,500,000 PENGUIN tokens available The campaign allows community members to vote on the platform to earn a share of the prize pool. This follows a similar pattern to previous token launches on ByVotes, such as the HAT token campaign in January 2025. [Learn More](https://i.bybit.com/G086ab2) | [Vote Now](https://i.bybit.com/2D4kaabq)
🎄 Bybit Launches Christmas Advent Box Campaign
**Bybit has launched its Big Advent Box campaign** for the holiday season, offering users the chance to win rewards from a **50,000 $USDT prize pool**. The campaign follows a simple format: - Tap to participate - Pay to unlock - Unwrap festive rewards daily This builds on Bybit's previous holiday promotions, including their **Big Bybit Unboxing campaign** that featured a 600,000 $USDT prize pool with daily spin opportunities. Users can participate in the advent-style reward system throughout the campaign period. The exchange continues its tradition of **seasonal promotional campaigns** designed to engage users during peak holiday periods.