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Bybit Launches Revamped Grid Trading Bot to Expand Growing Range of Trading Products

VICTORIA, SEYCHELLES – Media OutReach -16 September 2022 – Bybit, one of the world’s fastest growing cryptocurrency exchanges, has announced the launch of two new grid trading bots. Building on the success of the original trading bot, which has seen a total trading volume of over $120,000,000 and counting.

After this milestone, Bybit’s new bots will allow users to take their trading to the next level with an updated spot trading bot, and an advanced dollar-cost average (DCA) bot. The new functionalities will be available to all users on Sept. 16.

Bybit’s new Spot Grid Bot executes low purchase orders and high sell orders during lateral price movement. The system ensures profitability each time the sale price exceeds the purchase price, thus eliminating the need for market forecasting.

The upgraded Spot Grid Bot features artificial intelligence (AI) that sets parameters in order to maximize capital efficiency. The bot also has free-to-follow strategies with high APY and arbitrage performance, and responsive customizable strategies that allow users to design tactics and take advantage of market trends.

Furthermore, Bybit has added “Arbitrage Ranking” to the Trading Bot Leaderboard so users can easily identify and learn from the most effective trading strategies.

The state-of-the-art DCA Bot offers users the option to automate their purchases of crypto assets by selecting the amount and interval of their investments. This strategy, known as DCA-ing, is a well-known and time-tested way to effectively balance risk and return in a volatile market.

The minimum trading amount is $1 for DCA bot, and $3 for the grid bot.

For both bots, once a user has set up their trading parameters and are earning a good return, they can share their strategy with fellow traders with the click of a button. And users who engage either one of the new bots will enjoy zero trading fees for a limited period as Bybit celebrates the 10 million users milestone with the “Perfect 10 Party” campaign.

Building on Bybit’s VIP program, which provides regular users reduced trading fees as well as discounts, VIP users can enjoy the same trading discounts using the new bots. Those on track to becoming VIPs can more quickly advance their level thanks to the bot’s higher trading frequency.

Bybit is the most reliable, stable, and usable cryptocurrency exchange in recent years, offering the best liquidity and smallest spread. Unique among major exchanges, Bybit has maintained a track record of 99.99% up rate, with no overload nor downtime with its robust 100K TPS matching engine.

“Our original trading bot has only been live for a few months and is already incredibly popular,” said Ben Zhou, co-founder and CEO of Bybit. “Our clients especially loved the bot’s copy trading function, which allows them to copy successful bots created by other users. Grid trading bots have proven themselves as a profitable trading methodology for their users, especially in a market as fluid as crypto that trades 24/7. At Bybit, we are always on the lookout for products and services that can help our users achieve their financial goals, whatever the overall market conditions.”

Finally, those who are new to Crypto Trading Bots or keen to learn about all things crypto can discover a new world of finance via Bybit Learn and join our dedicated trading bot group via Discord.

Hashtag: #Bybit

About Bybit

Bybit is a cryptocurrency exchange established in March 2018 that offers a professional platform where crypto traders can find an ultra-fast matching engine, excellent customer service and multilingual community support. Bybit is a proud partner of Formula One racing team, Oracle Red Bull Racing, esports teams NAVI, Astralis, Alliance, Virtus.pro, Made in Brazil (MIBR), City Esports, and Oracle Red Bull Racing Esports, and association football (soccer) teams Borussia Dortmund and Avispa Fukuoka.

For more information please visit:

For updates, please follow Bybit’s social media platforms on









Bybit Launchpad 2.0 to List Fan Token of Brazilian Esports Team MIBR

SÃO PAULO​​, BRAZIL – Media OutReach – 16 September 2022 – Bybit, the world’s third most visited crypto exchanges, unveils another listing on Bybit Launchpad 2.0. MIBR, the fan token of decorated esports team Made in Brazil (MIBR), goes live today on the Bybit platform.

MIBR is the official fan token of the MIBR esports team powered by Chiliz, the world-leading blockchain and fintech provider for the sports and entertainment industry, as well as the creator of fan tokens. A leading esports brand in Brazil, MIBR is represented in all major world esports competitions and currently holds six teams: CS:GO Male and Female; Valorant Male and Female; Rainbow Six Siege and Free Fire.

The MIBR fan token empowers the iconic esports team’s global fanbase with exclusive rewards, activations, and access. Holders will also have the opportunity to have their voices heard on important fan-related decisions. It is an effective blockchain innovation to create web3-enabled social communities and bring organizations closer to their supporters. Folders can access all of the exclusive rewards available to them via Socios.com, the fan engagement and reward app created by Chiliz.

Bybit Launchpad 2.0 is a freshly revamped platform connecting users to some of the most sought-after tokens in the space. Bybit users can commit BitDAO (BIT) to subscribe to token allocations, or participate in Launchpad 2.0’s new lottery model where users stake a nominal amount of Tether (USDT) for the chance to win allocations of new tokens. The best performing tokens from previous listings are also available for purchase on the Launchpad.

Additionally, from Sept. 16 to Sept. 26, 2022, new Bybit VIPs can unlock exclusive access to a 2,000 MIBR prize pool, while traders who also buy a WSOT NFT will get to share a bonus pool of 1,000 MIBR.

It is currently free to trade on Bybit as the fast growing exchange celebrates its 10 million user milestone with a zero fee campaign.

Bybit and MIBR first met at the intersection of esports and the digital asset class in May 2022 when they announced a 3-year sponsorship deal. Both trusted by digital-first communities, the partners also share the vision of championing women in gaming and tech globally.

Hashtag: #Bybit

About Bybit

Bybit is a cryptocurrency exchange established in March 2018 that offers a professional platform where crypto traders can find an ultra-fast matching engine, excellent customer service and multilingual community support. Bybit is a proud partner of Formula One racing team, Oracle Red Bull Racing, esports teams NAVI, Astralis, Alliance, Virtus.pro, Made in Brazil (MIBR) and Oracle Red Bull Racing Esports, and association football (soccer) teams Borussia Dortmund and Avispa Fukuoka.

For more information please visit:

For updates, please follow Bybit’s social media platforms on








Laos to Invest Over USD 2 Billion in Wind Power Project

The Lao government and relevant energy companies are expected to shell out over USD 2 billion for the construction of a wind power project in the Lako area, Sepon District, Savannakhet Province.

Laos Beauty Pageant Cancelled for Allowing Transgender Participants

Miss Fabulous Laos 2022, a beauty pageant competition that allowed transgender women to participate, has been discontinued permanently. 

IGI Inex Holding (UK) becomes strategic investor in quantumrock, cementing partnership between leading global investment group and AI asset tech frontrunners

IGI Inex will obtain a relevant share position based on quantumrock’s valuation of €30 million with the right to extend its share position over time

MUNICH, GERMANY – EQS Newswire – 16 September 2022 – London-based privately-owned global investment company, IGI Inex Holding, today announces it has become a strategic investor in artificial intelligence (AI) and machine learning (ML) leaders, Munich-based AI asset and portfolio management company, quantumrock. As a strategic equity investment partner, IGI received a relevant share position based on the company’s valuation of €30 million with the right to extend its share position to majority over time also secured. The combination of the parties’ assets and competencies creates a unique opportunity for the two companies to enable a compelling new investment product category, facilitating an attractive proposition to many institutional market investors.

“Loss protection and downside protection for investment products backing are the big asks from large institutional investors these days. We’re very excited to be able to marry our already compelling AI-enhanced products like Absolute Return, Treasury Alpha, Single Stock Selection Alpha with an asset-backed loss protection feature and deliver a real answer to that market demand.” –Stefan Tittel, CEO of quantumrock

IGI Inex is a global leader in precious stone investment and its associated global mining activities, holding several subsidiary companies such as IGI Inex Real Estate, IGI Inex Trading, SouthCapital, and IGI Inex Global Investments in addition to shareholdings such as Seabury Capital. As a security provider for structured products due to its extensive holdings in gemstones, commodities, copper, and more, IGI Inex is looking for a complementary, intelligent monetization of its extensive precious stone holdings through innovative asset backing services for structured products which makes this latest move by the group to become a strategic investor in quantumrock an ideal fit; quantumrock is able to develop individualized products for institutional clients as well as package predominant investment themes into unique products with minimal time to market and at scale.

Joining quantumrock as a strategic equity partner is an ideal fit for IGI Inex as we seek to intelligently monetize our precious stone holdings. As global leaders in AI and ML asset management technology, quantumrock can not only support this vision but together we can facilitate a compelling new investment product category. ” – Werner Schmidt, CEO of IGI Inex.

Going forward, the partnership will see quantumrock leverage its production origination power to create a wide range of innovative investment products investable for a large client base that are asset-backed by the IGI Inex’s precious stones holdings, for example, factor investing stock selection products equipped with loss protection or guaranteed return. An additional value-add for investors is the commodity ABS investment product range which quantumrock will bring to market, which, in times of uncertainty around inflation will provide additional support alongside the group’s established Alpha-seeking trading strategies. Finally, with IGI acting as asset backing provider, quantumrock’s reputation as the global go-to brand for innovative, AI-generated, asset-backed investment products is further cemented.

Hashtag: #QuantumrockGmbH

About IGI Inex Holding (UK):

IGI Inex Holding (UK) is a privately-owned global investment company based in London, founded by Werner Schmidt, a São Paulo-based entrepreneur and German native. IGI Inex is a holding company established with the purpose of overseeing the operations, governance, and compliance of several businesses in mining, manufacturing, gemstones, real estate, and finance.

About Quantumrock GmbH:

Quantumrock is an AI asset tech company differentiating through an innovative AI/ML platform which is employed to rapidly analyze large amounts of market data to identify patterns and opportunities for Alpha generation, packaged for clients in Alpha-generating strategies that improve their funds or portfolios, so-called Alpha Add-Ons. The company is headquartered in Munich, Germany, and consists of around 30 deep tech engineers, finance/capital market experts and international former top executives from the banking and technology sector as employees and advisors.

China Broadband Communications (CBC) rebrands as CBC Tech

SINGAPORE – Media OutReach – 16 September 2022 – China Broadband Communications (CBC) has announced its rebrand as CBC Tech. This is a significant milestone of the company since it was founded in 2008. CBC Tech reflects the company’s vision to be the next-gen Network as a Service provider to enable our multinational enterprise customers in China and our Chinese enterprise customers to go international.

With the new brand CBC Tech, the company is set to accelerate the transformation from a network service provider to a Network as a Service (NaaS) provider to enable cloud-native network and security as a service for enterprises to deliver the best application performance with excellent customer experience.

“Rebranding CBC into CBC Tech aims to revitalize our vision, mission, and company culture enabling us to execute our innovation roadmap to converge telecom and tech.” said Richard Fung, Co-Founder and CEO of CBC Tech. “We are committed to the transformation through the investments in our people, technology and process.”

With the converge of telecom and tech, CBC Tech is strengthening its R&D capabilities to enhance our eNet fabrics to meet the changing networking and security requirements of our customers, and provide them with the digital experience.

“CBC Tech is committed to growth and delivering the best employee and customer experience. We target to grow our eNet coverage to reach fifty (50) markets outside of China in the next 12-18 months.” Fung said.

For more information about CBC Tech, visit the website at www.cbctech.com

Hashtag: #CBCTech

ABOUT CBC Tech

Established in 2008, CBC Tech is the next-gen Network-as-a-Service (NaaS) provider with our own patented SD-WAN fabrics across twenty-five (25) markets in China and internationally. CBC Tech enables cloud-native network and security for enterprises over our SD-WAN fabrics, integrated with our congestion-free IP and networks, mobile access, network appliance, multi-cloud connects and cloud-based security to deliver the best application performance with excellent customer experience. CBC Tech has offices in Beijing (HQ), Shanghai, Suzhou, Guangzhou, Shenzhen, Hong Kong and Singapore (International HQ).

Laos, Vietnam and Cambodia Troops Participate in First Rescue Drill

Laotian, Vietnamese, and Cambodian military soldiers successfully completed a joint operation in the event of natural disasters.

Military personnel from Laos, Vietnam, and Cambodia successfully completed a joint operation on Thursday where they rehearsed rescue procedures in the event of natural disasters.

Laos to Allow Yuan for Cross-border Transactions

Bank of Laos and the People’s Bank of China have signed a memorandum of understanding regarding future payments in Yuan.