VICTORIA, Seychelles, April 17, 2025 /PRNewswire/ — MEXC Ventures, the investment arm of the globally leading cryptocurrency exchange MEXC, has announced a $30 million allocation to support Web3 talent and accelerate innovation across the decentralized ecosystem. The investment initiative foresees a 5-year span and is part of the broader Corporate Social Responsibility effort by MEXC Ventures, “IgniteX,” in line with its global strategy of fostering sustainable blockchains through support and empowerment of young talents.

The purpose of the initiative undertaken by MEXC Ventures is to create a launchpad program that will serve as a hotbed for talent nurturing and idea development. The collaboration with Korea University’s Blockchain Research Institute will mark the beginning of the “IgniteX” initiative, with more details to be unveiled in an upcoming official announcement. MEXC will work closely with the institute on blockchain development, academic exchanges, and talent cultivation. MEXC Ventures encourages submissions from early-stage Web3 startups, research initiatives, developer communities, and academic institutions working on decentralized infrastructure, AI-integrated blockchain solutions, stablecoins, and fintech tools. MEXC Ventures aims to include mentorship, educational efforts, and funding as part of the program to create a future-ready blockchain ecosystem, thus ensuring a smooth transition for the next generation of users into Web3 and preparing a willing, enthusiastic, and well-trained pool of leaders to develop it further.

The impact-driven campaign will entail a comprehensive and multi-pronged approach that includes several key elements. The foundation will be the $30 million pledge, which will serve to fund education, project support, and development initiatives. The second part of the campaign will focus on organizing hackathons and developer engagement programs in the form of global events to identify and support emerging talents.

Education will form a major part of the campaign, with university scholarships and blockchain courses offered through partnerships with academic institutions. This step is crucial to making blockchain technologies and the underlying coding and programming languages more accessible to a greater number of potential developers and IT students. Mentorship programs will be launched in tandem to make sure talents have access to adequate training, event participation, and the experience of current Web3 leaders.

Lastly, strategic sector support will be implemented to ensure that funding is provided to promising projects. Special focus will be placed on initiatives developing stablecoins, AI-based solutions, and blockchain infrastructure elements.

As a CSR initiative, “IgniteX” adheres to achieving strategic objectives, which are based on building a pipeline of high-potential Web3 startups with early MEXC involvement for future cultivation and capitalization. This will have a positive impact on brand recognition for MEXC and position it as a strategic and valuable contributor to the development of Web3 space. The campaign will also help foster cross-border collaboration among all participants of the blockchain sector and promote diversity and inclusion based on shared blockchain values.

Through “IgniteX”, MEXC Ventures aims to create an impact on the global Web3 ecosystem by empowering potential future leaders and developers through education and responsible mentorship.

About MEXC Ventures

MEXC Ventures is a comprehensive fund under MEXC dedicated to driving innovation in the cryptocurrency sector through investments in L1/L2 ecosystems, strategic investments, M&A, and incubation. Upholding the principle of “Empowering Growth Through Synergy,” MEXC Ventures is committed to supporting innovative ideas and active builders in crypto.

MEXC Ventures is an investor and supporter of TON and Aptos, and looks forward to staying at the forefront of TON and Aptos innovations while actively engaging with builders to drive ecosystem growth.

For more information, visit: MEXC Ventures Website

DUBAI, UAE, April 17, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, invites Bybit Card users on a hunt for rewards this Easter. With each eligible transaction, Bybit Card holders may qualify for up to 5 guaranteed prizes, including up to 500 USDT in rewards or an extravagant 24K gold egg.

The limited-time campaign unleashes unlimited winning possibilities for lucky users of the Bybit Card. From Apr. 16 to May 4, 2025, the Bybit Card community will get to share in the Easter joy the crypto way. For every $20 spent, users will receive a guaranteed prize. Transaction volume directly enhances winning potential—with every qualified purchase increasing prospects for winning, up to a maximum of 5 opportunities during the promotional period.

In the premier prize tier, 10 top-spending participants who exceed $20,000 or equivalent in qualified spending will each claim a 500 USDT reward on a first come first serve basis. One ultimate winner will be awarded the coveted 24K gold egg.

How to Join

• Registration is required
• Spend $20 or more in a transaction with the Bybit Card
• Each qualified transaction will guarantee one prize

This accessible and user-friendly promotion showcases the exceptional benefits of the Bybit Card ecosystem, where every participant enjoys guaranteed rewards while competing for premium prizes—perfectly embodying Bybit’s commitment to combining crypto’s everyday utility with rewarding experiences.

Since its launch in Sep. 2023, the Bybit Card is on track to reach 2 million users in 2025. The crypto-native, fiat-friendly payment solution allows users to access their digital assets while earning rewards and gaining potential yield.

Bybit Card Highlights

• Instant virtual card: instant access in digital wallets on compatible devices, allowing holders to spend anywhere within the Mastercard network.
• Crypto convenience: spending in crypto, and cash withdrawals from any ATM worldwide that supports Mastercard for added convenience with the physical card.
• No annual fees and up to 8% APY and 10% cashback.
• Year-round perks: 100% rebates on selected partners including Netflix and ChatGPT, plus air lounge access, early-bird access to Tomorrowland Brasil 2025, and seasonal benefits.
• Multi-asset support: USDT, USDC, BTC, ETH, AVAX, and more.

Restrictions apply. Users may find out more about the Bybit Card, regional rewards, and eligibility: Bybit Crypto Card: Your Ultimate Crypto Debit Card.

#Bybit / #TheCryptoArk #TheBybitCard

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

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GUANGZHOU, China, April 17, 2025 /PRNewswire/ — On April 15, the 137th Canton Fair opened in Guangzhou, attracting over 31,000 exhibitors and more than 60,000 overseas buyers attending in person. As a leader in electric two- and three-wheelers, TAILG has the largest booth in the industry, featuring 19 innovative models that captured international attention.

At the fair, TAILG showcases models including the Laser Armor Series, Feminine Series, high-speed electric motorcycles, cross-riders, and three-wheelers.

The Laser Armor Series, featuring a dual-headlamp mech design, captures attention with its striking mech aesthetics and cutting-edge technology. Notably, the F52 2025 model is equipped with the industry’s first V6 flat-wire wheel hub motor, integrating new energy technology for stronger power and extended range.

The Feminine Series, represented by the R53, addresses female riders’ daily mobility needs, while the step-through Series (T80PRO, T61L,T72L) offers long-range urban solutions. High-speed models S91PRO and S92PRO, with their mech-inspired aesthetics and exceptional performance, have gained recognition in international markets.

Visitors also experienced intelligent manufacturing and premium test-ride services at the Huizhou base.

On the opening day of the Canton Fair, the company secured key agreements and new orders, boosting its overseas expansion. From the delivery of the electric mobility project in Thailand to the base commissioning in Vietnam, from the office opening in Indonesia to its presence at EICMA 2024, TAILG has established seven global marketing centers, including benchmark markets in Southeast Asia like Vietnam and Indonesia. Facing global trade risks and opportunities, TAILG’s international expansion is steadily progressing.

As a pioneer in long-range electric vehicles, TAILG remains committed to a technology-driven global strategy and the advancement of low-carbon mobility.

Since becoming the UNEP E-Mobility Partner in 2019, TAILG’s international expansion has been highlighted by participation in the 2024 United Nations Climate Change Conference (COP29) and a letter of appreciation from the Ministry of Ecology and Environment, underscoring the company’s influence in E-Mobility.

About TAILG

TAILG Group was established in Shenzhen, China in 2003. It’s a group company integrating R&D, production, sales of electric two & three-wheelers, as well as the whole industry chain of sharing, charging and switching. TAILG has ten manufacturing bases worldwide with over 15 million units annually, and exports over 90 nations with more than 30,000 stores and served over 45 million consumers.

• Nearly half of all cyberattacks resulted in stolen data or credentials
• Identity abuse was the preferred entry point
• Asia Pacific represented more than one-third of attacks in 2024

ARMONK, N.Y., April 17, 2025 /PRNewswire/ — IBM (NYSE: IBM) today released the 2025 X-Force Threat Intelligence Index highlighting that cybercriminals continued to pivot to stealthier tactics, with lower-profile credential theft spiking, while ransomware attacks on enterprises declined. IBM X-Force observed an 84% increase in emails delivering infostealers in 2024 compared to the prior year, a method threat actors relied heavily on to scale identity attacks.

IBM X-Force Threat Index

The 2025 report tracks new and existing trends and attack patterns – pulling from incident response engagements, dark web and other threat intelligence sources.

Some key findings in the 2025 report include:

• Critical infrastructure organizations accounted for 70% of all attacks that IBM X-Force responded to last year, with more than one quarter of these attacks caused by vulnerability exploitation.
• More cybercriminals opted to steal data (18%) than encrypt it (11%) as advanced detection technologies and increased law enforcement efforts pressure cybercriminals to adopt faster exit paths.
• Nearly one in three incidents observed in 2024 resulted in credential theft, as attackers invest in multiple pathways to quickly access, exfiltrate and monetize login information.

“Cybercriminals are most often breaking in without breaking anything – capitalizing on identity gaps overflowing from complex hybrid cloud environments that offer attackers multiple access points,” said Mark Hughes, Global Managing Partner of Cybersecurity Services at IBM. “Businesses need to shift away from an ad-hoc prevention mindset and focus on proactive measures such as modernizing authentication management, plugging multi-factor authentication holes and conducting real-time threat hunting to uncover hidden threats before they expose sensitive data.”

Patching Challenges Expose Critical Infrastructure Sectors to Sophisticated Threats
Reliance on legacy technology and slow patching cycles prove to be an enduring challenge for critical infrastructure organizations as cybercriminals exploited vulnerabilities in more than one-quarter of incidents that IBM X-Force responded to in this sector last year.

In reviewing the common vulnerabilities and exposures (CVEs) most mentioned on dark web forums, IBM X-Force found that four out of the top ten have been linked to sophisticated threat actor groups, including nation-state adversaries, escalating the risk of disruption, espionage and financial extortion. Exploit codes for these CVEs were openly traded on numerous forums —fueling a growing market for attacks against power grids, health networks and industrial systems. This sharing of information between financially motivated and nation-state adversaries highlights the increasing need for dark web monitoring to help inform patch management strategies and detect potential threats before they are exploited. 

Automated Credential Theft Sparks Chain Reaction
In 2024, IBM X-Force observed an uptick in phishing emails delivering infostealers and early data for 2025 reveals an even greater increase of 180% compared to 2023. This upward trend fueling follow-on account takeovers may be attributed to attackers leveraging AI to create phishing emails at scale.

Credential phishing and infostealers have made identity attacks cheap, scalable and highly profitable for threat actors. Infostealers enable the quick exfiltration of data, reducing their time on target and leaving little forensic residue behind. In 2024, the top five infostealers alone had more than eight million advertisements on the dark web and each listing can contain hundreds of credentials. Threat actors are also selling adversary-in-the-middle (AITM) phishing kits and custom AITM attack services on the dark web to circumvent multi-factor authentication (MFA). The rampant availability of compromised credentials and MFA bypass methods indicates a high-demand economy for unauthorized access that shows no signs of slowing down.

Ransomware Operators Shift to Lower-Risk Models
While ransomware made up the largest share of malware cases in 2024 at 28%, IBM X-Force observed a reduction in ransomware incidents overall compared to the prior year, with identity attacks surging to fill the void.

International takedown efforts are pushing ransomware actors to restructure high-risk models towards more distributed, lower-risk operations. For example, IBM X-Force observed previously well-established malware families including ITG23 (aka Wizard Spider, Trickbot Group) and ITG26 (QakBot, Pikabot) to either completely shut down operations or turn to other malware, including the use of new and short-lived families, as cybercrime groups attempt to find replacements for the botnets that were taken down last year.

Additional findings from the 2025 report include:

• Evolving AI threats. While large-scale attacks on AI technologies didn’t materialize in 2024, security researchers are racing to identify and fix vulnerabilities before cybercriminals exploit them. Issues like the remote code execution vulnerability that IBM X-Force discovered in a framework for building AI agents will become more frequent. With adoption set to grow in 2025, so will the incentives for adversaries to develop specialized attack toolkits targeting AI, making it imperative that businesses secure the AI pipeline from the start, including the data, the model, the usage, and the infrastructure surrounding the models.
• Asia and North America most attacked regions. Collectively accounting for nearly 60% of all attacks that IBM X-Force responded to globally, Asia (34%) and North America (24%) experienced more cyberattacks than any other region in 2024.
• Manufacturing felt the brunt of ransomware attacks. For the fourth consecutive year, manufacturing was the most attacked industry. Facing the highest number of ransomware cases last year, the return on investment for encryption holds strong for this sector due to its extremely low tolerance for downtime.
• Linux threats. In collaboration with Red Hat Insights, IBM X-Force found that more than half of Red Hat Enterprise Linux customers’ environments had at least one critical CVE unaddressed, and 18% faced five or more vulnerabilities. At the same time, IBM X-Force found the most active ransomware families (e.g., Akira, Clop, Lockbit, and RansomHub) are now supporting both Windows and Linux versions of their ransomware.

Additional Resources

• Download a copy of the 2025 IBM X-Force Threat Intelligence Index.
• Sign up for the 2025 IBM X-Force Threat Intelligence webinar on Tuesday, April 22^nd at 11:00 am ET.
• Connect with the IBM X-Force team for a personalized review of the findings.
• Read more about the report’s top findings in this IBM blog.

About IBM 
IBM is a leading provider of global hybrid cloud and AI, and consulting expertise. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs, and gain a competitive edge in their industries. Thousands of governments and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM’s hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently, and securely. IBM’s breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and consulting deliver open and flexible options to our clients. All of this is backed by IBM’s long-standing commitment to trust, transparency, responsibility, inclusivity, and service. Visit www.ibm.com for more information. 

Media Contact
Michele Brancati
IBM
mbrancati@ibm.com

IBM Corporation logo.

HANOI, Vietnam, April 17, 2025 /PRNewswire/ — Southeast Asia Commercial Joint Stock Bank (SeABank, stock code: SSB) announced its consolidated first-quarter results 2025 with positive figures, reflecting robust performance.

Strong performance exceeds Q1/2025 KPIs

SeABank has delivered outstanding results in Q1/2025, sustaining growth momentum compared to the same period in 2024, particularly: PBT reached VND4,350 billion (US$168.14 million), fulfilling 269% of KPIs and marking a sharp YoY increase of nearly 189%. TOI hit VND5,820 billion (US$224.96 million), achieving 184% of KPIs and increasing by over 115% YoY. A standout contributor to this income growth was NoII, which surged to VND3,369 billion (US$130.22 million) – an increase of 378%, completing 340% of KPIs. Those positive results were driven by SeABank’s proactive expansion of non-credit services, effective cost control, enhanced risk management, and the implementation of strategic projects.

By the end of Q1/2025, total mobilization from customer deposits and valuable papers at SeABank reached VND189,993 billion (US$7.34 billion). Total lending balance was VND213,048 billion (US$8.24 billion) – a net year-on-year increase of VND3,693 billion (US$142.75 million).

Additionally, SeABank’s NPL ratio slightly declined to 1.84%, reflecting effective credit risk management amid ongoing macroeconomic challenges and a rising NPL trend across the banking sector. The debt coverage ratio was maintained at 81.81%, ensuring sufficient provision in line with regulatory requirements.

As of March 31st, 2025, SeABank’s total assets reached VND333,746 billion (US$12.9 billion), up 2.47% – equivalent to a net increase of VND8,047 billion (US$311.04 million) from December 31st, 2024; charter capital reached VND 28,450 billion (US$1.1 billion).

Enhancing international partnerships, expanding funding and supporting SME

In Q1/2025, SeABank continued its position as a trusted partner of international financial institutions to promote capital access for Vietnamese enterprises, thereby strengthening capacity and advancing focus on key business sectors.

By the end of March 2025, SeABank’s total international mobilization reached nearly US$1.1 billion, following an investment of US$80 million from the French Development Finance Institution (Proparco) and the Dutch Entrepreneurial Development Bank (FMO). This not only strengthens SeABank’s funding base to support SMEs and women-owned businesses, but also affirms the Bank’s reputation, operational efficiency, and effective capital utilization.

Besides, in Q1/2025, SeABank has completed transferring 100% of its stake in Post and Telecommunication Finance Company (PTF) to AEON Financial Service. This helped enhance the Bank’s capital base and financial capacity for scale expansion, technological investments, while driving sustainable business growth with strategic focus.