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Ripple and Bitrue Drive XRPL Community Growth

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VICTORIA, Seychelles, July 2, 2024 /CNW/ — Ripple, developers of top 10 coin XRP, along with the leading cryptocurrency exchange Bitrue, have recently released a new promotional video highlighting the history of support that Bitrue has shown towards the XRPL community.

This short video, filmed at Paris Blockchain Week in April of 2024, details Bitrue’s involvement in the XRP ecosystem since its launch in 2018. The messaging is delivered by Shruti Kohli, Bitrue’s Global Head of Business Development, and touches on Bitrue’s future plans for the coin.

In the present time support for the coin is growing, not only amid the wider cryptocurrency community but also from Bitrue directly. New tokens that launch on the exchange are often paired with XRP for trading, allowing token developers to directly tap into the XRP community while simultaneously increasing the direct utility of XRP. XRP is also included in all current features on Bitrue, including staking, loans, futures trading, and more.

The exchange has additionally launched an exclusive new staking opportunity celebrating the release of this promotional video. For a limited time only, all users are able to stake their XRP with Bitrue to receive 7% APY over a 7 day period. New users to the exchange also have an additional opportunity in the form of a 50% APY staking option over a 3 day lockup period. Users are encouraged to head to Bitrue.com today to participate.

XRP remains the #1 focus of the exchange, with several projects building on the XRP Ledger set to launch on the exchange within the upcoming months.

Since its launch in 2018, Bitrue has been on a remarkable journey, always championing the utility and adoption of XRP. What follows is a short history of how Bitrue has been at the forefront of driving support for XRP, fostering innovation, and standing strong during challenging times.

2018: Embracing XRP‘s Potential

In July 2018, Bitrue was one of the first centralized cryptocurrency exchanges to list XRP, recognizing its immense potential when others overlooked it. They immediately elevated XRP to one of their Top 4 base currencies, allowing users to trade dozens of altcoins directly with XRP as a base. The response was overwhelming, with hundreds of thousands of XRP holders finding solace in Bitrue’s unwavering support. Moreover, users have been enjoying 0 withdrawal fees for XRP on Bitrue since then.

In addition, Bitrue also became the first exchange to list XRP as its base currency. Today, Bitrue is still the only exchange that lists XRP as a base currency, with dozens of XRP-based trading pairs.

Later in 2018, Bitrue proudly introduced the investment tool Power Piggy, offering XRP holders a passive income instrument. Moreover, they were among the first to offer a passive income instrument for XRP Holders, Power Piggy, making it part of the initial batch of tokens eligible for investment.

2019: Pioneering Innovative Features

Throughout 2019, Bitrue continued to prioritize XRP in all newly launched features. They launched a low-interest crypto lending platform, becoming the first exchange to provide XRP-collateralized lending services for the XRP community.

Furthermore, Bitrue has taken a significant step by running a UNL XRPL validator, demonstrating a strong dedication to the growth of the XRP ecosystem. This validator is part of the Unique Node List (UNL), a compilation of validators that network participants, including servers, trust not to engage in fraudulent activities.

Notable events during the year included Ripple’s endorsement of its partnership with Bitrue in supporting XRP adoption when Bitrue attended Ripple Swell 2019 in Singapore. Bitrue also participated in #XRPMeetupJapan as an official sponsor.

2020: Upholding Resilience in Challenging Times

In June 2020, they further solidified support for XRP by becoming the first exchange to embrace PayString, simplifying XRP addresses into an email-like format. In late 2020, many exchanges delisted XRP due to the SEC v. Ripple lawsuit. However, Bitrue stayed loyal to the XRP community, categorically refusing to delist XRP and providing continuous trading and investment opportunities for the community. Bitrue never delisted XRP, which remains true today.

2021-2023: Continued Holistic Support for the XRP Ecosystem

In January 2021, Bitrue again proved its dedication by being the first exchange to complete $FLR distribution in the form of IOUs and supporting $FLR trading. They continued to extend holistic support during the largest XRP community airdrop event in January 2023, reaffirming the commitment to the XRP community.

Since launching in 2018, Bitrue has also listed and supported XRP native tokens like CasinoCoin ($CSC), Sologenic ($SOLO), Coreum ($CORE), Equilibrium Games ($EQ), and many more. All XRP native tokens can be found listed here. Bitrue is also one of the first exchanges supporting manual relocation and recovery of missing deposits where there are missing tags or incorrect tags for the XRP community.

Today: Looking into the Future

Looking towards the future, Ripple’s recent landmark victory against the SEC is a potential turning point for the broader crypto ecosystem. It highlights the unique opportunities offered by elements like smart contracts and algorithmic currencies. Bitrue is committed to wholeheartedly supporting and actively exploring opportunities to grow in tandem with the XRP ecosystem, fostering its future endeavors and development.

Bitrue is proud to have been part of the XRP journey since 2018. As the crypto landscape evolves, they remain committed to empowering the #XRPCommunity, embracing potential opportunities, and contributing to the bright future of XRP. With XRP continuing to gain strength among the top 10 cryptocurrencies by market capitalization, they stand firm as the steadfast partner that has always prioritized the usage of XRP and supported its ecosystem. Together, let’s move forward into a world where XRP adoption and utility thrive.

About Bitrue

Launched in July 2018, Bitrue is a diversified digital asset exchange that supports trading, loans, and investments. Bitrue aims to utilize blockchain technology to bring financial opportunities to everybody regardless of their location or financial position. It has offices in Asia and Europe and continues to develop new features at a rapid speed to fully service the new wave of the digital economy. More information is available on Bitrue’s website.

 

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SOURCE Bitrue

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LYKSTAGE Launches Patented Video Platform That Pays Creators and Viewers — Now Live Across Five Countries

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MUMBAI, India, April 20, 2026 /PRNewswire/ — LYKSTAGE, a video-sharing platform owned by LYK Inc., a Delaware-based entity, and founded by New York-based entrepreneur Adris Chakraborty, is redefining how the creator economy works — with a patented monetization model no other platform can legally replicate.

Built by a technology team in India under Manhattan Tech Ventures, LYKSTAGE runs on a patented Watch-Time Monetization Model that fundamentally changes who earns from video content. Creators earn whenever their content’s watch time gets monetized — no subscriber minimums, no waiting periods, and no thresholds to cross before earning begins.

What makes the model unprecedented is that viewers earn too. Logged-in viewers are rewarded whenever their watch time gets monetized — when they watch content uninterrupted and the ad served during viewing is fully consumed. When that happens, the creator earns, the viewer is rewarded, and the platform earns. Every reward is funded by actual ad revenue — not venture capital subsidies. The model is entirely self-sustaining.

The platform serves both skippable and non-skippable ads, determined by an ad server algorithm that optimizes based on viewing patterns and content traction. For advertisers, impressions are served intelligently — matching the right ad format to the right moment, delivering higher completion rates and genuine attention.

LYKSTAGE is now live across five markets — India, the United States, the United Kingdom, Canada, and the UAE — and available on Samsung TV, LG TV, Roku, Apple TV, Android TV, Amazon Fire TV, desktop, mobile web, and native apps on both the App Store and Google Play Store.

Adris Chakraborty, a Kolkata-born Columbia Business School alumnus based in the US since 2003, co-founded Mediamorphosis Advertising & Technology Inc. in New York in 2006 with his spouse and business partner Poulami Mukherjee. The company expanded to the UK in 2012, followed by Manhattan Communications in India — building a multicultural advertising group spanning five countries with over 100 clients, providing LYKSTAGE with built-in advertiser relationships and market intelligence.

The platform has crossed over one million users across all markets, with more than 20,000 creators on board and growing across all five countries — achieved with minimal paid marketing.

LYKSTAGE is a transparent, patented system where the people who create the value are the ones who earn from it.

Sign up at:
Android – https://play.google.com/store/apps/details?id=com.lykstage.app
Apple – https://apps.apple.com/in/app/lykstage-video-streaming/id6754064834

Logo: https://mma.prnewswire.com/media/2960187/LYKSTAGE_Logo.jpg

 

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Towngas and Tencent forge strategic partnership to drive “Energy + Tech” smart digital transformation

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HONG KONG, April 20, 2026 /PRNewswire/ — The Hong Kong and China Gas Company Limited (Towngas) and Tencent have signed a strategic partnership agreement in Hong Kong. The two companies will collaborate extensively on unified cloud resource management, digital platform development, large artificial intelligence (AI) models and applications, customer engagement enhancement, and R&D tool synergy. Together, they aim to drive the smart digital transformation of the energy sector.

The partnership dates back to 2020, when Towngas Lifestyle, the extended business division of Towngas, first teamed up with Tencent Cloud. In 2021, Towngas Energy, the Group’s renewable energy arm, worked with Tencent Cloud to build a smart energy ecosystem, which currently supports over a hundred integrated energy projects for the business segment. In 2023, Towngas Lifestyle and Tencent Cloud entered into a comprehensive strategic partnership spanning cloud platforms, big data, AI, and customer engagement, delivering one-stop lifestyle solutions to 46 million household customers across Hong Kong and the Chinese mainland. This latest agreement marks a comprehensive, group-level strategic partnership between Towngas and Tencent. It is designed to pool their resources, achieve cross-divisional synergy, drive quality and efficiency gains, and accelerate AI innovation.

Over the past six years, this collaboration has yielded remarkable results. Powered by Tencent Cloud, Towngas Lifestyle has upgraded the digital foundation and driven application innovation for its Towngas Lifestyle Cloud (TLC) platform. Furthermore, leveraging Tencent Cloud’s TBDS (Tencent Big Data Suite), it built the Towngas Analytics Platform (TAP), which currently supports big data applications for over 70 affiliated city-gas companies as well as its Hong Kong operations.

In terms of AI applications, Towngas Lifestyle has capitalised on Tencent’s AI computing power and large model technology to launch innovative tools such as smart safety inspections and AI service agents, significantly boosting the efficiency of frontline staff at gas companies. To better serve its customers, the company has deeply integrated Tencent’s WeCom to improve customer outreach. On the R&D front, Towngas Lifestyle has widely adopted Tencent’s AI development tools to streamline workflows. Moreover, the partners have successfully replicated their mainland successes in Hong Kong, completing the cross-border deployment of the TAP platform and advancing the upgrade of the city’s business systems.

Mr Peter Wong Wai-yee, Managing Director of Towngas, said: “Tencent’s leading position in AI and digital technology is obvious to all. Since 2020, the two parties have established a strong partnership, expanding from Towngas Lifestyle’s extended business to cooperation on the smart energy platform for the renewable energy segment, and gradually extending from the mainland to Hong Kong. As an enterprise with a 164-year history, Towngas has grown to possess a customer base of over 120 million since entering the mainland gas utility business in 1994. Facing such a massive number of customers, data security is of paramount importance. How to build a secure and efficient system for management and service has become a critical issue for business development. We are confident in joining hands with Tencent to co-build a secure and efficient digital system, comprehensively elevate the customer service experience and operational efficiency, and jointly pioneer more possibilities for ‘Energy + Tech’.”

Mr Dowson Tong, Senior Executive Vice President of Tencent and CEO of Tencent Cloud and Smart Industries Group, stated that as a household brand in Hong Kong, Towngas’s “customer-centric” service philosophy aligns closely with Tencent’s corporate mission of “Value for Users, Tech for Good”. Over the past six years, Tencent has engaged in deep collaboration with multiple segments under Towngas, empowering businesses with technology to achieve precise operations. Tencent looks forward to taking this exchange as a new starting point, further consolidating the “Cloud + AI” technological foundation based on existing cooperation, and deeply integrating Tencent’s digital capabilities with Towngas’s rich application scenarios. Through technological innovation, the goal is to achieve better customer service delivery and enhance operational efficiency, exploring a new path to sustainable development for the smart upgrade of the energy industry while ensuring data security and user privacy.

Looking ahead, the two companies will continue to deepen their collaboration in migrating core businesses to the cloud, co-building digital platforms, deploying large models and AI applications, and enhancing customer engagement. This will not only deliver a superior experience for gas customers but also set a benchmark for the high-quality transformational development of the energy industry.

 

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SOURCE Tencent Cloud

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DMEGC Solar Achieves EcoVadis Gold Medal, Underscoring Its Commitment to ESG Excellence

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JINHUA, China, April 20, 2026 /PRNewswire/ — On April 15, DMEGC Solar, a global leader in magnetic materials and renewable energy solutions, achieved a milestone breakthrough in sustainable development. With outstanding performance in environmental protection, social responsibility, and other key areas, the company earned a Gold Medal from the internationally recognized rating agency EcoVadis, scoring 82 points. This places DMEGC Solar in the top 3% of all rated companies worldwide, surpassing 97% of participants.

EcoVadis is a globally leading sustainability assessment platform, having rated over 150,000 companies across more than 250 industries and 185 countries. Its evaluation framework covers 21 indicators across four core themes: Environment, Labor & Human Rights, Ethics, and Sustainable Procurement. The platform aims to assess the sustainability performance and social responsibility of companies within global supply chains.

DMEGC Solar participated in the assessment at the group level rather than as a single factory, demonstrating outstanding strength across all four dimensions. In the Labor & Human Rights dimension, the company has established a comprehensive employee rights protection system, strictly implemented occupational health and safety standards, and promoted employee development and career growth, ranking in the top 1% of its industry.

In the Sustainable Procurement dimension, the company has built a full-chain green supply chain management mechanism, collaborating with core suppliers to create a “cooperative carbon reduction” ecosystem. Initiatives such as packaging material recycling, green electricity usage, and localized collaborative production have enabled a low-carbon, traceable supply chain, also ranking in the top 1% of the industry.

Coupled with strong performances in environmental governance and business ethics, the company achieved an impressive score of 82, surpassing 97% of evaluated companies and earning the Gold Medal. This distinction places DMEGC Solar at the top in the global solar module manufacturers to receive such recognition.

This Gold Medal rating will for sure strengthen the company’s competitiveness in overseas markets. On one hand, its industry-leading ESG performance helps meet policy requirements related to sustainable supply chains, enhancing both the premium pricing of its products in international markets and its ability to secure orders. On the other hand, this recognition will boost customer and partner trust in the company’s brand, supporting the expansion of market share for its core products—such as photovoltaic modules, residential energy storage systems, and magnetic materials—while consolidating its market leadership.

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