Technology

Bybit Web3 Exclusive: BTC Staking with Lombard, up to 5% APY and Points Multipliers

Published

1 year ago

April 11, 2025

DUBAI, UAE, April 11, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, today announced a strategic initiative to expand access to BTC staking with Lombard Finance, the developer of LBTC, the leading staked BTC. Enhancing access with innovative DeFi offerings, Bybit Web3 will be introducing users to BTC’s DeFi yield potential with exclusive rewards. From Apr. 9 on, eligible users of the Bybit Web3 Seed Phrase Wallet have the opportunity to stake BTC from within the wallet to earn extra points across Lombard, Babylon, and Veda.

Lombard is connecting BTC to every chain, DeFi protocol, and yield opportunity with LBTC. LBTC is the leading BTC liquid staked token and trusted by over 100,000 users.

LBTC allows BTC holders to activate their assets in DeFi, and earn staking yields from Babylon’s Bitcoin Staking ecosystem, whilst retaining the value of their BTC. With over 21,000 LBTC in circulation and over 60% active in DeFi, LBTC is being used for lending, borrowing, trading, and re-staking across 6 chains.

Lombard has partnered with Veda Labs to make DeFi yields available to BTC holders in just one-click. Through the Lombard DeFi Vault, LBTC holders stand to access real yields from DeFi.

From now to May 9, eligible participants on Bybit Web3 will receive up to 5% APY in DeFi yield, on top of 6X Lombard LUX, 1X $BABY, and 6X Veda Points for their deposits. This campaign is part of Bybit Web3’s ongoing efforts to provide users with unique incentives and seamless access to cutting-edge DeFi products.

“BTC has always been the cornerstone of crypto, but until now, it’s been largely passive. This campaign marks a turning point — not just in how BTC is held, but how it moves. We’re unlocking real yield, real simplicity, and real access for the next wave of users,” said Emily Bao, Head of Bybit Web3.”BTC is undergoing a transformation,” said Jacob Phillips, Co-Founder of Lombard Finance. “Once viewed solely as a store of value, BTC is now increasingly being integrated into DeFi, unlocking new earning opportunities for BTC holders. With the LBTC SDK, Bybit can remove the complexity for its users, enabling seamless BTC staking and DeFi participation directly within the Wallet,” he said.

To participate, users may start with creating or importing a Bybit Seed Phrase Wallet, and deposit BTC into their Bybit Wallet in the app to receive LBTCv in their Ethereum address. LBTCv represents LBTC deposited into the DeFi Vault. Rewards can be tracked within the pool page on Bybit Web3, and the product and exclusive event are currently available to eligible Bybit app users only.

Bybit Web3 is committed to fostering a dynamic and rewarding environment for its users. For more details about the campaign and its terms and conditions, users can visit Bybit Web3.

#Bybit / #TheCryptoArk / #BybitWeb3

About Bybit

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open, and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.

For more details about Bybit, please visit Bybit Press

For media inquiries, please contact: media@bybit.com

For updates, please follow: Bybit’s Communities and Social Media

Contact:-
Head of PR
Tony Au
Bybit
tony.au@bybit.com

Photo: https://mma.prnewswire.com/media/2662694/Bybit_Web3_Exclusive.jpg

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SOURCE Bybit

Technology

Peninsula Visa Launches Comprehensive OCI Processing Services

Published

9 minutes ago

May 3, 2026

Peninsula Visa, a trusted leader in immigration and visa processing services with over 50 years of expertise, today announced the launch of its comprehensive Overseas Citizen of India (OCI) processing services. To celebrate this milestone, Peninsula Visa is offering new users an exclusive 20% discount with promo code OCI20 at checkout.

SAN JOSE, Calif., May 3, 2026 /PRNewswire-PRWeb/ — Peninsula Visa, a trusted leader in immigration and visa processing services with over 50 years of expertise, today announced the launch of its comprehensive Overseas Citizen of India (OCI) processing services. To celebrate this milestone, Peninsula Visa is offering new users an exclusive 20% discount with promo code OCI20 at checkout.

For 50 years, Peninsula Visa has helped families navigate immigration. OCI processing is one of our most impactful services, connecting the Indian diaspora to their heritage. We’re proud to bring our expertise to help families secure OCI status with confidence. Evan James, CEO

A Full Suite of OCI Services

Peninsula Visa’s OCI services cover every stage of the OCI lifecycle, ensuring that members of the Indian diaspora receive expert support from start to finish.

The four service types now available are:

New OCI Application — For foreign nationals of Indian origin, spouses of Indian citizens or existing OCI card holders, and minor children with at least one Indian parent applying for OCI status for the first time.OCI Card Renewal — For card holders whose OCI card has expired, or whose linked passport has been renewed or replaced and requires an updated booklet.Re-issuance (Age Milestones) — OCI cards must be re-issued when minors reach the age of 18 and again when card holders turn 50, due to significant changes in appearance. Peninsula Visa guides clients through both transitions seamlessly.Miscellaneous OCI Services — Covering corrections to existing records, lost or damaged card replacement, address changes, and other administrative updates to the OCI file.

Why Choose Peninsula Visa for Your OCI Application

Peninsula Visa brings decades of institutional knowledge and a client-first philosophy to every OCI case.

Key value propositions include:

Expert Guidance — Dedicated OCI specialists with deep knowledge of consulate requirements, eligibility rules, and documentation standards across all service types.High Approval Rate — A meticulous multi-stage review process that identifies and resolves issues before submission, dramatically reducing the likelihood of rejection or delay.Fast Turnaround — Standard processing in 12-15 Business Days for most OCI service types, with real-time status updates throughout the process.End-to-End Support — Personalized document checklists, secure document uploads, expert form preparation, consulate submission, and post-submission tracking — all in one place.

Launch Promotion

Save 20% on any OCI service — new users only

OCI20

Enter code OCI20 at checkout. Available to new users. No expiration date.

Leadership Perspective

“For 50 years, Peninsula Visa has helped individuals and families navigate the complexities of immigration documentation. OCI processing is one of the most impactful services we have ever added — it directly connects the Indian diaspora to their heritage country in a lasting, meaningful way. We are proud to bring our proven expertise and client-centric approach to this important service, and we look forward to helping thousands of families secure their OCI status with confidence.”

Founded in 1975, Peninsula Visa has built its reputation on precision, transparency, and a genuine commitment to client outcomes. The addition of OCI processing services reflects the company’s ongoing mission to expand its offerings to meet the evolving needs of immigrants and their families across the United States.

Get Started Today

Eligible applicants can begin their OCI journey by visiting Peninsula Visa’s dedicated OCI Services page. New users can take advantage of the 20% launch discount by entering promo code OCI20 at checkout when selecting any OCI service type.

Media Contact

Evan James, Peninsula Visa, 1 4087277515, media@peninsulavisa.com, https://peninsulavisa.com/

View original content to download multimedia:https://www.prweb.com/releases/peninsula-visa-launches-comprehensive-oci-processing-services-302760544.html

SOURCE Peninsula Visa

Technology

Peninsula Visa Launches Comprehensive OCI Processing Services

Published

9 minutes ago

May 3, 2026

A Full Suite of OCI Services

Peninsula Visa’s OCI services cover every stage of the OCI lifecycle, ensuring that members of the Indian diaspora receive expert support from start to finish.

The four service types now available are:

Why Choose Peninsula Visa for Your OCI Application

Peninsula Visa brings decades of institutional knowledge and a client-first philosophy to every OCI case.

Key value propositions include:

Launch Promotion

Save 20% on any OCI service — new users only

OCI20

Enter code OCI20 at checkout. Available to new users. No expiration date.

Leadership Perspective

Get Started Today

Media Contact

Evan James, Peninsula Visa, 1 4087277515, media@peninsulavisa.com, https://peninsulavisa.com/

View original content to download multimedia:https://www.prweb.com/releases/peninsula-visa-launches-comprehensive-oci-processing-services-302760544.html

SOURCE Peninsula Visa

Technology

Booking.com’s Latest Travel and Sustainability Research Reveals Australian Generational Paradox

Published

1 hour ago

May 3, 2026

SYDNEY, May 4, 2026 /PRNewswire/ — Today Booking.com released its 11th annual research report into consumer attitudes and understanding of the social and environmental impact of travel. With insights from 32,500 travellers across 35 markets globally, including 1,000 from Australia, this year’s research highlights a generational paradox.

While 83% of Australian travellers say that more sustainable travel is important to them, older generations demonstrate greater commitment through concrete actions, despite younger generations often expressing stronger sustainability intentions.

Older generations demonstrate greater commitment through concrete sustainable actions, with almost two–thirds of Boomers across Asia Pacific (63%) saying they will shop more at local, independent stores on their trips, three–quarters (75%) planning to reduce general waste, and 63% intending to reduce energy consumption, higher than Gen X, Millennials and Gen Z.However, younger travellers are leading in cultural and conservation management; more than a quarter of Gen Z (27%) and Millennials (26%) participated in a tour or activity that contributed to the health or conservation of the local ecosystem or wildlife.Extreme weather is actively reshaping travel choices. Nearly three-quarters of Australian travellers said they consider extreme weather risk when choosing both destination (72%), and timing (75%), and 27% reported having cancelled or changed trip plans in the past twelve months due to extreme weather or natural disaster.Australian travellers are shifting when and where they travel, seeking reliable climates and comfort. 43% say they plan to avoid overcrowded tourist destinations, 42% plan to travel outside of peak season, and 26% will seek out destinations with cooler temperatures.In 2025, travellers booked more than 100 million room nights on Booking.com at accommodation partners with a third-party sustainability certification, including at 363 third-party certified Australian properties.

To find Booking.com’s full 2026 research, visit here.

View original content:https://www.prnewswire.com/apac/news-releases/bookingcoms-latest-travel-and-sustainability-research-reveals-australian-generational-paradox-302760310.html

SOURCE Booking.com