VICTORIA, Seychelles, Sept. 20, 2024 /PRNewswire/ — Alicia Kao, Managing Director at leading global cryptocurrency exchange, KuCoin, shared her vision on how crypto exchanges are the drivers that hold the keys to unlocking mainstream crypto adoption. Speaking at the OKX Main Stage at TOKEN2049 in Singapore on a panel session titled “Exchanges at the Helm: Driving Crypto from Niche to Mainstream,” Alicia shared that “accessing information about blockchain has become significantly easier…at KuCoin, we leverage complex data analysis algorithms using our trading bots to help users trade more efficiently.”

Industry stakeholders from all groups were in attendance for the panel, comprising investors, crypto enthusiasts, and more. The focus was on the crucial role of cryptocurrency exchanges in paving the way for crypto adoption and the eventual integration of digital assets into mainstream financial systems. Alicia and her fellow panelists explored both the challenges and opportunities that lay ahead for the crypto industry.

Alongside Alicia, the panel also featured leaders from leading crypto exchanges such as Ben Zhou, Co-Founder and CEO of Bybit; Gracy Chen, CEO of Bitget; Vivien Lin, Chief Product Officer of BingX; and Sonia Shaw, President of CoinW, and moderated by Michael Casey, Chairman of the Decentralized AI Society.

In addition to the panel discussion, KuCoin cemented its position as a leading centralised exchange (CEX) with a prominent presence on the show floor and activations that showcased the platform’s latest developments. The KuCoin Arcade also drew significant attention, offering an engaging and immersive experience with interactive crypto-themed games and activities.

“As we wrap up another edition of TOKEN2049 in Singapore, I’m once again filled with optimism for the future of the crypto industry. The energy, innovation, and collaboration displayed over the past two days have been immensely inspiring. At KuCoin, we will continue striving to be the driving force in this ever evolving space to build a more inclusive, decentralised, and prosperous financial future” added Alicia as TOKEN2049 concluded.

About KuCoin

Launched in September 2017, KuCoin is a leading cryptocurrency exchange with its operational headquarters in Seychelles. As a user-oriented platform with a focus on inclusiveness and community engagement. It offers over 900 digital assets across Spot trading, Margin trading, P2P Fiat trading, Futures trading, and Staking to its 34 million users in more than 200 countries and regions. KuCoin ranks as one of the top 6 crypto exchanges. KuCoin was acclaimed as “One of the Best Crypto Apps & Exchanges of June 2024” by Forbes Advisor and has been included as one of the top 50 companies in the “2024 Hurun Global Unicorn List”. Learn more at https://www.kucoin.com/.

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SOURCE KuCoin

SINGAPORE, Sept. 20, 2024 /PRNewswire/ — Today, PayPal Ventures, the global venture capital arm of PayPal, announced an additional investment in Chaos Labs, an industry leader in onchain risk management. This investment underscores PayPal Ventures’ confidence in Chaos Labs’ potential and their blockchain products.

Chaos Labs’ recent launch of Edge, a new decentralized oracle protocol, has garnered significant attention within the industry. Edge has already secured a remarkable $30B over the last 2 months and has been adopted by leading exchanges such as Jupiter, the top perpetuals exchange on Solana, and GMX, the leading exchange on Arbitrum.

Edge offers a comprehensive, low-latency oracle solution, combining accurate price data with actionable market intelligence. Its advanced architecture ensures the security and efficiency of DeFi applications while providing insights into market dynamics and security risks. Edge monitors the market for specific risk signals, performs the offchain data parsing and computation, and outputs one actionable data point.

Omer Goldberg, CEO and Founder of Chaos Labs, said, “We’re excited to receive the strong confidence and additional support from the PayPal Ventures team. Edge by Chaos is the culmination of our entire company’s work and expertise. Edge Price, Risk, and Proofs deliver meaningful and unmatched contextualized risk and price data for assets including stablecoins and other real-world-assets, in addition to the crypto assets and venues that provide access to them.”

Last month, Chaos Labs announced a $55 million Series A funding round led by Haun Ventures, including prominent new investors such as F-Prime Capital, Slow Ventures, and Spartan Capital, and existing investors including PayPal Ventures. Chaos Labs has experienced significant growth, tripling its customer base and securing billions in trading volume, loans, and incentives.

PayPal Ventures’ investment aligns with PayPal’s ongoing commitment to the blockchain ecosystem. In May 2024, PayPal launched its stablecoin, PYUSD, on the Solana blockchain.

Amman Bhasin, Partner at PayPal Ventures, said, “Our continued investment in Chaos Labs reflects our belief in their vision to create a safer crypto ecosystem and move more financial services on chain. Chaos Labs has emerged as a leading risk authority in the sector and we are thrilled to witness their evolution as they launch innovative products like Edge to mitigate oracle vulnerabilities.”

Chaos Labs will receive the total investment in PYUSD on-chain. A simulation will be shown live on-stage on September 20th at the annual Solana Breakpoint conference in Singapore.

About Chaos Labs

Chaos Labs leads the blockchain risk management industry with innovative solutions for the evolving onchain financial landscape. Chaos Labs enables protocols to verify stability across all market conditions, merging offchain observability with onchain risk parameter adjustments. Backed by leading venture capital firms, Chaos Labs continues to set new standards for security and responsiveness in onchain finance. Founded in 2021, Chaos Labs is headquartered in New York City.

About PayPal Ventures

PayPal Ventures is the global corporate venture arm of PayPal. We invest for financial return in companies at the forefront of innovation in fintech, commerce enablement, digital infrastructure, and crypto/blockchain technologies. Through the expertise, experience, and vast network of PayPal Ventures – and the companies we invest in – we are helping to bring transformative solutions to market faster. For more information, please visit: www.paypal.vc 

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SOURCE Chaos Labs, Inc.

GURUGRAM, India, Sept. 20, 2024 /PRNewswire/ — BharatRohan is excited to announce the appointment of an esteemed Board of Directors who bring a wealth of expertise and leadership from diverse industries. These appointments mark a significant milestone in BharatRohan’s journey to revolutionize sustainable agriculture using advanced drone technology. The new board members will play a key role in accelerating the company’s growth and reinforcing its commitment to empowering farmers through innovation.

Joining the Board as Directors are:

Sarita Bahl, former Country Group Head CSR (South Asia) at Bayer, joins the board with close to four decades of experience in sustainability, corporate social responsibility, and strategic development. Her extensive knowledge of stakeholder engagement and community-focused initiatives will strengthen BharatRohan’s efforts to expand sustainable farming practices. Sarita’s expertise will be vital in driving the company’s global impact on agricultural communities.

Mr. R Shankar, is a highly accomplished Commercial Banker, Finance Professional, and C-Suite Advisor with over 30 years of experience in the international banking, technology, and consulting sectors including large conglomerates. He has held global leadership positions across Assets, Liabilities, Operations, Audit, Compliance, Risk, Finance, People Management and Administration with significant expertise in fund-raising, turnarounds, restructuring, mergers & acquisitions, and process improvements. He is a professionally qualified banker as a Certified Associate Member of the Indian Institute of Bankers (CAIIB) and also holds the International Membership of the Chartered Institute of Bankers, Scotland (MCIBS). He is also certified by the Indian Institute of Corporate Affairs (IICA) and is an empanelled Independent Director with the Ministry of Corporate Affairs, Government of India. Additionally, he serves as a visiting faculty at various academic institutions and universities, wherein he mentors and coaches budding management students on industry expertise and thought leadership.

Alka Jagdish Singh Dangash, a recognized expert in the cultivation of medicinal and aromatic plants, brings 20 years of experience in promoting the commercial viability of these crops. Alka’s insights into sustainable crop management and ecological practices will help BharatRohan develop and expand its product offerings, particularly in innovative crop-specific solutions. Her focus on environmental sustainability aligns seamlessly with the company’s commitment to eco-friendly agriculture.

Vijay Nadiminti, an agribusiness leader with over 15+ years of experience, currently serves as CEO & Director of AgHub, PJTSAU. He brings a vast and diverse experience in working for Agribusiness Corporates, Non-Profits, Govt & Startup ecosystems. Nationally recognized for his leadership in managing early-stage startups, Incubators, Agritech Accelerators, Co-innovation, Agritech innovation pilots and Equity seed investments, Grants and Portfolio Management, Student Entrepreneurship and Rural Entrepreneurship & Start-up Mentoring. He was awarded the National Award Winner for Emerging Technology Business Incubator- 2017, NSTEDB, DST, GoI accolade. He also serves on boards of Agritech incubators & Academia such as Director at AgHub, Board of Governor of Baba Farid Group of Institutions, Member of the Governing Body of Baba Farid School of Entrepreneurship. He is also a member of the CII National Startup Council. With a proven track record of building entrepreneurial ecosystems, Vijay brings invaluable expertise and involvement in building BharatRohan since its inception, would help BharatRohan to scale its agritech innovations and expand market reach.

The addition of these distinguished professionals to BharatRohan’s Board of Directors represents a strategic effort to enhance the company’s capabilities in sustainability, finance, and agriculture. Their insights will be crucial as BharatRohan seeks to deepen its impact, improve resource efficiency, and expand innovative solutions for farmers.

Amandeep Panwar, CEO and Chairman, stated, “We are honored to welcome these distinguished professionals to our Board. Their expertise will be instrumental in guiding BharatRohan through the next phase of our journey. Together, we will continue to innovate and shape a more sustainable and profitable future for agriculture.”

Rishabh Choudhary, CTO and WTD, added, “The strategic vision and industry experience of our new board members will accelerate BharatRohan’s mission to transform agriculture globally. Their guidance will be critical as we push the boundaries of sustainability, innovation, and farmer empowerment.”

These appointments reinforce BharatRohan’s commitment to sustainable growth and innovative agriculture, with advanced drone-based hyperspectral imaging technology.

About BharatRohan

BharatRohan is an innovative AgTech company transforming agriculture through advanced drone technology and hyperspectral imaging. With flagship services like CropAssure®, SourceAssure®, and SeedAssure®, the company empowers over 19,000 farmers across 50,000 acres to monitor crops accurately, detect pest infestations early, and optimize resource use. Committed to enhancing food security and promoting sustainable practices, BharatRohan focuses on reducing crop losses and ensuring long-term sustainability through technology and data-driven insights.

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