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Global Tyre brand, Radar Tyres Secures Strategic Multi-Year Partnership with Cricket South Africa as their Global Partner

SINGAPORE, Jan. 29, 2026 /PRNewswire/ — Radar Tyres, the flagship brand of Singapore-headquartered Omni United, is proud to announce that it has signed a strategic multi-year partnership with Cricket South Africa (CSA), becoming the Global Partner for the Proteas across all major formats.

As part of the agreement, Radar Tyres has Headline sponsorship rights for the Proteas Men’s and Women’s T20 International teams, Associate Partner for the Proteas Men’s and Women’s ODI and Test teams and Headline Partner of the Proteas Under-19 Men’s and Women’s teams.

The partnership delivers extensive on-field and off-field brand visibility, including exclusive logo placement on match and training kits. The Proteas Men revealed their newly branded T20I kit on 27th January in Paarl.

Left to right: GS Sareen, President & CEO, Omni United; Aiden Markram - T20I Captain, South Africa National Cricket Team; Mtunzi Jonas, CCO, Cricket South Africa (CSA)
Left to right: GS Sareen, President & CEO, Omni United; Aiden Markram – T20I Captain, South Africa National Cricket Team; Mtunzi Jonas, CCO, Cricket South Africa (CSA)

 

Photo Credit @ SuperSport TV. 100 foot Jersey reveal at Boland Park Cricket Stadium in Paarl, South Africa
Photo Credit @ SuperSport TV. 100 foot Jersey reveal at Boland Park Cricket Stadium in Paarl, South Africa

For Radar Tyres, the partnership represents a strategic brand building investment in a globally followed sport. With a growing presence across global markets, Radar continues to leverage high-impact platforms to strengthen brand equity while remaining focused on delivering premium-performance tyres at an accessible price point.

“Becoming the Global Partner of the Proteas marks a significant milestone in Radar Tyres’ global brand journey and reflects our belief in sport as a powerful platform to build brand equity, strengthen dealer support, enhance trust and credibility, and connect with households worldwide. Through this partnership, we are able to engage with cricket fans both locally and globally, while reinforcing Radar Tyres’ position as a reliable, performance-driven brand committed to delivering premium-performance tyres at accessible price points.” Said G.S. Sareen, President and CEO, Omni United.

“CSA is extremely proud to partner with Radar Tyres, an organisation that shares our values and commitment to excellence. This partnership is a significant milestone, securing support not only for our senior teams but for our junior teams as well. This partnership reflects our deliberate approach to working with like-minded organisations, guided by a long-term vision of developing the game, supporting our players, and delivering memorable experiences for fans. Radar Tyres’ support also reinforces CSA’s commitment to excellence and inclusion, strengthening our ability to drive high performance across all levels.” Said Pholetsi Moseki, Chief Executive Officer, CSA.

Radar Tyres are distributed in New Zealand by YHI Limited.

Official websites www.omni-united.com and www.radartyres.com

ABOUT RADAR TYRES:

Radar Tyres, the flagship brand of Singapore-headquartered Omni United, is a global tyre brand available in over 80 countries worldwide. The brand firmly believes that everyone has the right to access top-quality, premium tyres at affordable prices. Radar Tyres are test-proven to deliver performance comparable to leading brands but without the premium price tag. Radar Tyres offers tyres for all seasons and applications, covering passenger cars, SUVs, 4x4s, electric vehicles and commercial vehicles. 

2026 Spring Bridesmaid Style, Made Effortless: Inside Azazie’s Latest Collection

LOS ANGELES, Jan. 29, 2026 /PRNewswire/ — Spring weddings call for softness, movement, and a color palette that feels fresh yet timeless, and Azazie’s latest 2026 Bridesmaid Dress Collection delivers all three. Designed for modern bridal parties who want cohesive style without sacrificing individuality, Azazie’s Spring lineup blends romantic silhouettes, elevated fabrics, and inclusive sizing into a shopping experience that’s as seamless as it is stylish.

From garden ceremonies to destination “I do’s,” Azazie’s Spring bridesmaid dresses are rooted in versatility. Lightweight chiffons float effortlessly down the aisle, stretch satin styles bring a polished edge, and floral burnout fabrics add subtle texture that feels perfectly in step with the season. The result? A collection that looks curated – never cookie-cutter.

A Palette That Works for Every Vision
With more than 90 color options to choose from, Azazie makes it easy for brides to bring their vision to life, whether that means soft pastels, nature-inspired greens, or classic neutrals. The brand’s signature mix-and-match approach allows bridesmaids to select silhouettes they genuinely love while maintaining a cohesive look across the bridal party – a balance that feels both modern and effortless.

Flattering Fits for Every Body
Inclusivity remains at the core of Azazie’s design philosophy. Every bridesmaid dress in the Spring collection is available in sizes 00–30, with custom sizing offered at no additional cost. It’s a detail that continues to resonate with bridal parties, ensuring every bridesmaid feels confident, comfortable, and fully herself on the wedding day.

Spring Standouts Brides Are Loving
The collection highlights flowing A-line gowns with flutter sleeves, romantic off-the-shoulder silhouettes, sleek one-shoulder styles, and even tea-length options for brides seeking a more relaxed (but equally elevated) aesthetic. Thoughtful details like hidden pockets, adjustable straps, and easy-to-wear fabrics prove that style and practicality can coexist beautifully.

Perhaps most compelling? Azazie’s approach allows bridesmaids to find dresses they’ll actually wear again. With accessible price points and timeless designs, it’s a win for the bridal party long after the wedding weekend ends.

For brides navigating the ever-evolving world of bridal fashion, Azazie’s Spring bridesmaid collection strikes the perfect balance: elevated, inclusive, and refreshingly stress-free; exactly what spring weddings are meant to feel like.

 

ICANN Nominating Committee Seeks Accomplished Business Leaders for ICANN Board of Directors

LOS ANGELES, Jan. 29, 2026 /PRNewswire/ — The Internet Corporation for Assigned Names and Numbers (ICANN) Nominating Committee (NomCom) is now accepting applications for the ICANN Board of Directors. New Board members will serve from ICANN’s 2026 Annual Meeting in October 2026 until its 2029 Annual Meeting.

ICANN plays a critical role in maintaining the secure and stable coordination of the Internet’s unique identifiers – ensuring that the single, interoperable Internet continues to serve more than six billion users worldwide. The ICANN Board of Directors provides strategic oversight, policy direction, and fiduciary governance for this global nonprofit organization, which has an annual operating budget of approximately $150 million and more than 450 staff members worldwide.

A Call for Business Leaders With a Global Outlook
The NomCom, tasked with filling two Board positions, is seeking applications from experienced business leaders who will bring fresh perspectives to the Board’s work. Individuals who have successfully operated in complex, international environments and understand the challenges of managing at scale are encouraged to apply.

Ideal candidates will possess Board experience in organizations of comparable size and scope to ICANN, coupled with a strong commitment to public service and global collaboration.

Who Should Apply
The NomCom seeks accomplished individuals who demonstrate:

  • Integrity, Objectivity, and Strategic Thinking: Reputations for sound judgment, ethical leadership, and thoughtful decision-making.
  • Executive Management Experience: Senior leadership roles in business or nonprofit organizations, ideally with enterprise-wide responsibility for governance, finance, strategy, or risk management.
  • Nonprofit Board Experience: Familiarity with fiduciary accountability, consensus-building, and strategic oversight in mission-driven organizations.
  • Knowledge of ICANN’s Role: Understanding of, or a strong interest in, the Internet’s infrastructure and ICANN’s mission within the global Internet ecosystem.
  • Diversity and Cultural Awareness: Ability to work effectively across regions, languages, and cultural contexts; commitment to contributing to a diverse and globally representative Board.

While expertise in Internet technologies is valuable, it is not required; ICANN welcomes candidates from across industry sectors who can apply business discipline, strategic oversight, and governance best practices to a technical and policy-focused environment.

Commitment and Expectations
Board members devote approximately 20 hours per week to their ICANN responsibilities. The role includes participation in up to six Board workshops and three ICANN Public Meetings annually, ongoing Board committee and other Board group work, and engagement in the ICANN community across multiple time zones.

Why Business Leaders Should Consider This Opportunity
“Serving on the ICANN Board offers individuals a unique opportunity to apply their governance and strategic experience to the global public good,” said Tom Barrett, Chair of the ICANN Nominating Committee. “ICANN operates at the intersection of technology, policy, and international collaboration. Its Board members help guide a nonprofit organization’s decisions that affect the security, stability, and resilience of the Internet – a critical resource for the majority of governments, businesses, and individual users worldwide.”

“Strong governance experience from profit and nonprofit sectors strengthens ICANN’s ability to operate responsibly and effectively,” added James Gannon, Chair-elect of the ICANN Nominating Committee. “We are looking for leaders who understand both stewardship and collaboration.”

How to Apply
Detailed information about requirements, commitments, and expectations are available at the NomCom webpage. The application form is available on the dedicated webpage.

The deadline to submit an application is 18 February 2026.
The NomCom conducts all evaluations confidentially, in accordance with ICANN’s Bylaws and commitment to transparency and diversity. Successful candidates will be seated on the Board of Directors at ICANN’s 2026 Annual General Meeting in October 2026.

About ICANN
ICANN’s mission is to help ensure a stable, secure, and unified global Internet. To reach another person on the Internet, you need to type an address – a name or a number – into your computer or other device. That address must be unique so computers know where to find each other. ICANN helps coordinate and support these unique identifiers across the world. ICANN was formed in 1998 as a nonprofit public benefit corporation with a community of participants from all over the world. For more information, visit https://www.icann.org.

 

Nework Launches MoveMate Hi-Fi Portable TV, Designed for Immersive Sound and Everyday Flexibility

POMONA, Calif., Jan. 29, 2026 /PRNewswire/ — Nework, a rising player in audiovisual and collaborative solutions, has officially announced the launch of the MoveMate Hi-Fi Portable TV, a new premium addition to its portable entertainment lineup designed for users who place sound quality and immersive viewing at the center of their home experience. Officially released on January 12 and now available through Nework’s official website and Amazon store, the MoveMate Hi-Fi Portable TV positions itself as a portable TV built for uncompromising audio-visual enjoyment.

Enjoying a family drama on MoveMate Hi-Fi Portable TV
Enjoying a family drama on MoveMate Hi-Fi Portable TV

Differentiated from the earlier MoveMate AI model, which focuses on versatility and extended battery life for everyday use, the MoveMate Hi-Fi Portable TV is purpose-built for audiophiles, movie enthusiasts, remote professionals, and creators seeking a more refined, theater-like experience.

At the core of this upgrade is sound. The Hi-Fi model features a professionally tuned 44-watt audio system built around a quad-speaker layout with an integrated subwoofer (20-watt bass, 20-watt mid, and two 1-watt tweeter). Speakers positioned on both sides of the screen, within the base, and at the top of the stand work together to deliver layered sound, deeper bass, and clearer dialogue, creating an enveloping audio presence rarely found in portable televisions.

Visual performance has been refined to match the audio upgrade. The MoveMate Hi-Fi Portable TV features a 27-inch Full HD capacitive touch display designed for clarity and long-term comfort, supported by an eye-care mode that reduces strain during extended viewing sessions. The screen can rotate, tilt, swivel, and adjust in height, allowing users to tailor viewing angles for movies, video calls, presentations, or casual browsing anywhere in the home.

Mobility remains central to the MoveMate concept. Five silent casters enable smooth movement across different rooms without disrupting conversations or entertainment. A built-in battery supports up to eight hours of wireless use, offering flexibility for living rooms, bedrooms, home offices, or shared family spaces without constant reliance on power outlets.

Smart functionality is fully integrated. Running 8-core CPU, Android 14 with 8GB of RAM and 128GB of storage, the MoveMate Hi-Fi Portable TV delivers responsive performance for streaming, productivity apps, and creative tools. Google EDLA certification provides full access to the Google Play Store, while Google Gemini voice control allows hands-free navigation, content search, and app management. Wi-Fi 6 and Bluetooth 5.2 ensure stable, high-speed connectivity for streaming and wireless accessories.

Video communication has also been carefully considered. Unlike many portable TVs that require external cameras, the MoveMate Hi-Fi Portable TV includes a built-in HD camera and two microphones as standard, paired with a physical camera privacy cover and one-touch microphone mute for added security during calls. This integrated approach delivers a cleaner design and a more intuitive out-of-the-box experience for remote work, family calls, and content creation.

The launch builds on the strong market response to the earlier MoveMate AI Portable TV, which sold out shortly after release and continued to see steady sales growth following restocking. That momentum has laid a solid foundation for the Hi-Fi model, reinforcing demand for flexible, all-in-one screens that blend mobility, smart interaction, and entertainment.

Developed in response to the growing U.S. appetite for high-end smart home entertainment, the MoveMate Hi‑Fi Portable TV embodies Nework’s vision for a more flexible and lifestyle‑centric screen experience. By integrating cinematic audio, refined visual performance, and intelligent interaction into a sleek, mobile design, it aligns closely with how American consumers increasingly expect premium technology to fit seamlessly into modern living.

For more information, please visit https://nework.us/, or connect with Nework:

Facebook: https://www.facebook.com/neworkus 

LinkedIn: https://www.linkedin.com/company/nework-us/ 

X: https://x.com/Nework_us 

Instagram: https://www.instagram.com/nework.us

YouTube: https://www.youtube.com/@Nework-us 

 

Compass Mining Energizes New 10 MW Bitcoin Mining Site in Texas

With capacity for around 3,000 customer miners, the Texas 8 facility advances Compass Mining’s strategy to scale operated hosting across the United States.

WILMINGTON, Del., Jan. 29, 2026 /PRNewswire/ — Compass Mining, a leading provider of Bitcoin mining infrastructure and services, today announces the launch of a new 10-megawatt (MW) Bitcoin mining facility located just outside Odessa, Texas.

The site will be operated by Compass Mining and will host around 3,000 customer Bitcoin mining machines. Named Texas 8, the facility comes online as Compass Mining continues to meet rising demand for dependable, industrial-grade hosting.

“This expansion underscores our commitment to delivering continuity and reliable infrastructure for our customers,” says Shanon Squires, Chief Mining Officer at Compass Mining. “Our operations team was able to rack thousands of miners and bring Texas 8 to full energization in record time, showing our ability to activate new sites whenever the market needs them.”

The 10 MW deployment aligns with Compass Mining’s strategy to grow hosting capacity in key energy markets. The Odessa region, near Midland, is one of the most active power markets in the country and provides strong conditions for large-scale Bitcoin mining.

“Texas 8 reflects our focus on meeting customer demand for operations-as-a-service,” says Cameron Morrissey, Director of Operations at Compass Mining. “The Odessa-area facility gives customers a stable long-term home for their hardware while we continue scaling our operated fleet across the United States.”

The energization of Texas 8 follows two recent site expansions: a 20 MW facility energized in Texas last October and an off-grid natural gas site launched in Wyoming the month prior.

Together, these deployments highlight Compass Mining’s long-term strategy to vertical integration, geographic diversification, and innovation in energy sourcing. By bringing new facilities online quickly, Compass Mining continues to support institutional customers seeking operational stability, low-cost hosting options, and trusted long-term infrastructure partners.

About Compass Mining

Compass Mining is a Bitcoin mining infrastructure and operations-as-a-service company. The Compass Mining platform enables individuals, institutions, and facility owners to purchase ASIC hardware, host machines at top-tier data centers, and access professional site-management, logistics, and repair services.

With more than 160 MW under management and a global network of facilities, Compass Mining provides end-to-end solutions — from procurement and deployment to uptime optimization and operational oversight. The company is committed to transparency, reliability, and making Bitcoin mining more accessible.

To learn more or start mining with Compass Mining, visit compassmining.io

 

Silicon Motion Named a Clarivate Top 100 Global Innovator 2026

Recognized as the Global Leader in Merchant NAND Flash Controller Innovation

TAIPEI and MILPITAS, Calif., Jan. 29, 2026 /PRNewswire/ — Silicon Motion Technology Corporation (NasdaqGS: SIMO), a global leader in designing and marketing NAND flash controllers for solid-state storage devices, today announced it has been named in the Clarivate Top 100 Global Innovators 2026. In its 15th edition, the annual benchmark from Clarivate, a leading global provider of transformative intelligence, identifies and ranks the organizations that consistently deliver high-impact inventions, shaping the future of innovation across industries. The Top 100 Global Innovators navigate complexity with clarity and set the pace for invention quality, originality and global reach.

Silicon Motion Named a Clarivate Top 100 Global Innovator 2026 Recognized as the Global Leader in Merchant NAND Flash Controller Innovation
Silicon Motion Named a Clarivate Top 100 Global Innovator 2026 Recognized as the Global Leader in Merchant NAND Flash Controller Innovation

“Innovation is the core driver of our company’s growth. As the world’s leading supplier of NAND Flash controllers, we continuously pursue breakthroughs in storage solutions while safeguarding our critical technologies through a rigorous intellectual property strategy,” said Wallace Kou, President and CEO of Silicon Motion. “Being named a Top 100 Global Innovator is a tremendous honor and encouragement for our entire R&D and IP teams. We remain committed to advancing our leadership in AI storage technologies, delivering higher performance, greater endurance, and more efficient storage solutions to support the evolving needs of AI workloads for customers worldwide.”

Clarivate evaluates organizations based on comprehensive metrics, including patent influence, success, globalization, and technical distinctiveness. Silicon Motion’s inaugural inclusion in this list highlights not only our robust performance in accumulating patent volume but also our significant advantages in ‘Grant Rate’ and ‘Downstream Influence.’ This achievement underscores our success in transforming R&D innovations into high-value intellectual property barriers.

Maroun S. Mourad, President, Intellectual Property, Clarivate, said: “Recognition as a Top 100 Global Innovator is a remarkable achievement given the pace of change. Multi-year winners and new entrants are investing in AI innovation as it redefines the boundaries between research, engineering and commercial execution. The leaders we celebrate today are not just responding to this shift, they are designing for it.”

The Top 100 Global Innovators account for a disproportionate share of the world’s most valuable ideas, demonstrating that innovation leadership is defined by precision and strategic intent. This year’s ranking not only celebrates enduring innovation leadership, but it also reveals the forces reshaping that leadership, with AI at the forefront. The Top 100 Global Innovators contribute an exceptional 16% of the world’s highest-strength AI inventions.  Past companies receiving the recognition include TSMC, Kioxia, Micron, Samsung, SK Hynix, Qualcomm, MediaTek, Apple, Siemens, Toshiba, Philips, Toyota, and many other worldwide technology leaders.

The Top 100 Global Innovators analysis is underpinned by the Clarivate Center for IP and Innovation Research. Their analyses are founded in rigorous research leveraging the proprietary Derwent Strength Index, derived from the Derwent World Patents Index (DWPI) and its global invention data to measure the influence of ideas, their success and rarity, and the investment in inventions.

To learn more, please visit the Top 100 Global Innovators 2026 site.

About the Top 100 Global Innovator 
The Top 100 Global Innovators uses a complete comparative analysis of global invention data to assess the strength of every patented idea, using measures tied directly to their innovative power. To move from the individual strength of inventions to identifying the organizations that create them more consistently and frequently, Clarivate sets two threshold criteria that potential candidates must meet and then adds a measure of their internationally patented innovation output over the past five years.

For full information, please visit the Top 100 Global Innovators 2026 methodology site.

About Silicon Motion
Silicon Motion Technology Corporation (NasdaqGS: SIMO) is the global leader in supplying NAND flash controllers for solid-state storage devices. The company ships more SSD controllers than any other supplier worldwide for servers, PCs, and other client devices, and is also the leading merchant provider of eMMC and UFS embedded storage controllers used in smartphones, IoT products, and automotive applications.

Silicon Motion also delivers customized, high-performance solutions for hyperscale data centers, industrial systems, and automotive SSDs. Its controllers are designed to power the world’s most advanced AI, cloud, and enterprise storage platforms, combining high performance, low power, and proven reliability.

Our customers include most of the world’s NAND flash vendors, data center and enterprise storage solution providers, storage device module makers, and leading OEMs, all of whom rely on Silicon Motion’s proven controller technologies to enable innovative, high-quality storage solutions. For further information, please visit www.siliconmotion.com

Corporate Media Contact:         
Minnie Lin    
Director of Marketing Communication  
minnie.lin@siliconmotion.com 

Investor Contacts:
IR@siliconmotion.com

Sales Contact:
E-mail: service@siliconmotion.com

Clarivate media contact:
Sofía Nogués, Senior External Communications Manager
newsroom@clarivate.com

KuCoin Partners with Tadej Pogačar in One of the Few Value-Driven Collaborations Between Crypto and Elite Cycling

VIENNA, Jan. 29, 2026 /PRNewswire/ — KuCoin, a leading global crypto platform built on trust, today announced a strategic partnership with world-class cyclist Tadej Pogačar. The collaboration was officially unveiled in Vienna and marks the first time a top-tier global crypto exchange and a world-class professional cyclist have come together in a value-driven, trust-led partnership.

Built around the theme “Trust, Proven by Performance.”, the partnership reflects a shared belief that trust is not declared, but earned through long-term performance, professionalism, and discipline. Rather than a transactional sponsorship, the collaboration represents a rare alignment of values between two leaders operating at the highest level of their respective fields.

For KuCoin, trust has been built over eight years through sustained investment in security infrastructure, regulatory alignment, and operational resilience across global markets. As regulatory standards continue to evolve, KuCoin has strengthened its compliance framework and governance capabilities, reinforcing its commitment to building a secure and trusted digital-asset platform for a growing global user base.

For Pogačar, trust is earned through consistent results on cycling’s biggest stages, under extreme physical and mental pressure. Widely regarded as one of the most accomplished cyclists of his generation, he is equally recognized for his emphasis on safety, preparation, and professional discipline — principles that underpin long-term success in elite sport.

“At the highest level of cycling, trust is built through preparation, consistency, and a relentless focus on safety,” said Tadej Pogačar. “You earn it over time, through performance and responsible decision-making under pressure. That mindset strongly resonates with how KuCoin approaches trust and security.”

KuCoin CEO BC Wong said the partnership highlights the growing connection between elite sport and responsible innovation in digital finance.

“This partnership is built on a shared belief that trust is earned through long-term performance and professionalism,” BC said. “Tadej represents excellence achieved through discipline and consistency at the very highest level. At KuCoin, we apply the same principles as we continue to strengthen security, compliance, and governance — helping bring crypto to a broader, more mainstream audience.”

As one of the few collaborations of its kind, the partnership demonstrates how trust—built through sustained performance and verifiable results—can bridge emerging digital technologies with established global communities, supporting the responsible adoption of crypto worldwide. It follows KuCoin’s broader trust-led collaborations across sport and culture, including Adam Scott and Tomorrowland, and reflects a consistent brand philosophy centered on long-term excellence and credibility.

About KuCoin

Founded in 2017, KuCoin is a leading global crypto platform trusted by over 40 million users across 200+ countries and regions. The platform delivers innovative and compliant digital asset services, offering access to 1,000+ listed tokens, spot and futures trading, institutional wealth management, and a Web3 wallet.

Recognized by Forbes and Hurun, KuCoin holds SOC 2 Type II and ISO 27001:2022 certifications, underscoring its commitment to top-tier security. With AUSTRAC registration in Australia and a MiCA license in Austria, KuCoin continues expanding its regulated footprint under CEO BC Wong, building a reliable and trusted digital-asset ecosystem.

Learn more: www.kucoin.com

About Tadej Pogačar

Tadej Pogačar is one of the world’s leading professional cyclists and among the most accomplished athletes of his generation. A four-time Tour de France champion and the current UCI Road World Champion, he is widely regarded as one of the greatest riders of the modern cycling era. Known for his consistency, discipline, and technical precision, Pogačar has achieved sustained success at the highest level of professional cycling, with a strong emphasis on safety, preparation, and long-term performance. His approach reflects professionalism, responsibility, and a commitment to sustainable excellence in elite sport.

Bybit Launches BYUSDT to Enable Yield-Earning Collateral for Retail Traders

DUBAI, UAE, Jan. 29, 2026 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has launched the “BYUSDT: Turn Your Easy Earn Assets Into Trading Power” campaign, which is now live. The campaign introduces a tokenized asset that allows retail users to earn yield on USDT while using the same funds as trading margin. Eligible users may earn up to an 11.30 percent bonus annual percentage rate on qualifying BYUSDT holdings, subject to applicable caps and terms.

How BYUSDT Is Used

  • Users deposit USDT into Flexible Easy Earn, where the balance begins generating yield.
  • The Flexible Easy Earn balance can be swapped to BYUSDT within the Unified Trading Account and used as margin for trading, with swaps processed at a fixed 1:1 conversion rate.

BYUSDT represents users’ USDT Flexible Easy Earn balances in tokenized form and can be held and used exclusively as margin within Bybit’s Unified Trading Account. After conversion, the underlying USDT continues to generate Flexible Easy Earn yield while BYUSDT is deployed for trading.

BYUSDT is fully backed at all times by users’ Flexible Easy Earn USDT and is managed entirely within the Bybit platform. It does not support transfers, deposits, withdrawals, conversions, INS loans, or direct spot trading pairs.

Yield on BYUSDT follows the same mechanism as USDT Flexible Easy Earn, excluding any platform reward APR. Yield accrues hourly based on effective holdings and is distributed daily at approximately 12:30 a.m. UTC in BYUSDT, increasing users’ balances over time.

The introduction of BYUSDT reflects Bybit’s focus on improving capital efficiency and flexibility for retail traders. By enabling users to earn yield while deploying the same funds for margin trading, the campaign is intended to reduce idle capital and simplify portfolio management within a unified account structure, supporting Bybit’s broader efforts to develop risk-aware trading tools and yield-accessible products for its global user base.

Disclaimer: BYUSDT is available only to users eligible for Bybit Savings services who hold a Unified Trading Account and have completed Identity Verification Level 1. Islamic accounts are not eligible, and availability may be restricted in certain jurisdictions, including but not limited to mainland China, France, Hong Kong, India, Kazakhstan, and Uzbekistan. All participants must comply with the Bybit Terms of Service. Bybit reserves the right to disqualify accounts engaged in dishonest or abusive activities, to modify campaign terms without prior notice, and to retain final interpretation rights.

Bybit Launches BYUSDT to Enable Yield-Earning Collateral for Retail Traders
Bybit Launches BYUSDT to Enable Yield-Earning Collateral for Retail Traders

#Bybit / #CryptoArk

About Bybit

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 80 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

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