Day: May 12, 2025

Bitget Delivers Critical Aid to Earthquake-Affected Families in Myanmar

Bitget Delivers Critical Aid to Earthquake-Affected Families in Myanmar

BANGKOK, May 12, 2025 (GLOBE NEWSWIRE) — Bitget, the leading cryptocurrency exchange and Web3 company, has mobilized relief efforts for vulnerable communities in Myanmar following the devastating 7.7 magnitude earthquake that struck the Sagaing region on March 28. The disaster, which sent tremors as far as Bangkok, compounded existing hardships in an area already grappling with civil unrest and economic instability.

In coordination with local partners, Bitget delivered 150 Emergency Resilience Kits to high-risk families, including those who lost homes, were caring for infants or elderly relatives, or had received minimal aid. Each kit provided comprehensive support: hygiene essentials to prevent disease, sleeping mats and blankets for displaced families, cooking tools to restore daily routines, water filters for safe drinking water, and basic medicines to address urgent health needs.

Volunteer giving out aid boxes

Volunteer giving out aid boxes

The operation was not without its challenges. Navigating security risks, logistical hurdles, and the potential for aid diversion in a conflict zone required meticulous planning and deep community trust. Bitget’s partners on the ground leveraged their local expertise to ensure equitable distribution, reaching families whose needs might otherwise have been invisible in the chaos of crisis response.

“True humanitarian action isn’t just about meeting urgent needs—it’s about seeing the unseen,” said Bitget CEO Gracy Chen. “As the second-largest crypto exchange ecosystem, we believe that real growth in our industry must be matched by real responsibility. Crypto was built on the ideals of empowerment and global connection. In times of crisis, these ideals must be translated into action. Our support for Myanmar’s affected communities is a reminder that innovation must go hand-in-hand with human impact. As we help build the future of finance, we are equally committed to building a future where no one is left behind,” she added.

Bitget’s Aid Boxes

Bitget’s Aid Boxes

The impact extended beyond material relief. For displaced families living in overcrowded temporary shelters, the kits alleviated pressure on shared resources. For others, they represented the first semblance of stability since the disaster struck, a signal that they had not been forgotten.

As recovery efforts continue in Sagaing, Bitget’s initiative serves as a small reminder that effective crisis response begins with listening and learning. By combining swift action with deep local understanding, we were able to offer support where it was needed most—one family, one community at a time.

About Bitget

Established in 2018, Bitget is the world’s leading cryptocurrency exchange and Web3 company. Serving over 120 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions, while offering real-time access to Bitcoin price, Ethereum price, and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, token swap, NFT Marketplace, DApp browser, and more.

Bitget is at the forefront of driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World’s Top Football League, LALIGA, in EASTERN, SEA and LATAM markets, as well as a global partner of Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team), to inspire the global community to embrace the future of cryptocurrency.

For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet

For media inquiries, please contact: [email protected]

Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use.

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RIYADH, SAUDI ARABIA – Media OutReach newswire – 12 May 2025 – Sahm App, the premier all-in-one trading platform trusted by over one million users, has launched Version 2.0, marking its most significant upgrade to date. The release introduces an array of powerful features, led by the highly requested Dark Mode.

Designed in response to community feedback, Dark Mode offers improved visibility in low-light settings while reducing eye strain—delivering a smoother, more comfortable trading experience. With vibrant, high-contrast interactive elements, users can now enjoy a bold new interface. The feature can be enabled in Sahm App Version 2.0 via Settings > General, where users can choose Light, Dark, or follow their device’s system settings.

But Version 2.0 goes far beyond aesthetics. With over 250 upgrades, the update transforms Sahm App into a smarter, faster, and more connected trading platform. Key enhancements include:

• Concept Stocks: Themed investment ideas to help users track trends and sector movements in U.S. markets at a glance.
• Smart Search: A redesigned search experience offering faster, more accurate results based on trading behavior.
• Real-Time Stock Comments: Live discussion threads where over a million investors exchange ideas, market insights, and strategies.
• Refreshed News Layout: An improved interface for browsing financial news—clearer, more structured, and easier to navigate.

Hadeel Bedeeri, General Manager of Sahm Capital, shared: “At Sahm, we put our users at the center of everything we do. Version 2.0 is not just an update—it’s our statement of intent. We’re giving every investor smarter tools, faster access, and a better way to trade with confidence.”

With a refined design and community-driven features, Sahm App 2.0 reinforces its mission to be the most intuitive and trusted trading platform in the region. The app is now available on the iOS App Store, Google Play Store, and Huawei AppGallery. New users can also enjoy a lifetime 70% discount on Saudi market commissions, capped at a maximum of SAR 3 per trade. For more information, visit: https://www.sahmcapital.com

About Sahm App:
Developed by Sahm Capital, licensed by the Capital Market Authority (CMA), the Sahm App is a trading platform tailored for investors in Saudi Arabia. It provides seamless access to both the Saudi and U.S. markets within a secure, regulated environment. With its intuitive interface and advanced investment tools, the app has quickly become one of the top three in the Free Finance category on Google Play, with more than one million users.

Sahm Capital

Sahm Capital, registered in Riyadh, holds full regulatory licenses from the Capital Market Authority (CMA) to provide Dealing, Advising, Custody, Arranging, and Managing Investments and Operating Funds Activities in the Securities Business services (license no. 22251-25). As the first fintech-driven financial company to achieve full CMA licensing, Sahm Capital has established itself as the fastest-growing member of the Saudi Exchange, leveraging proprietary technology and innovative financial solutions to deliver seamless, one-stop financial services. For more information, visit: www.sahmcapital.com

WATERFORD, Ireland, May 12, 2025 (GLOBE NEWSWIRE) — Minimum Deposit Casinos (MDC), a leading global online casino review hub and division of the OneTwenty Group, has released new insights into the tightening regulatory landscape for sweepstakes-based gaming in the United States. Recent moves by lawmakers in New York, Louisiana, and Montana suggest a coordinated push to eliminate or restrict these alternative online gambling models.

In New York, Senate Bill 5935, introduced by Sen. Joseph Addabbo, has advanced through the legislative process and targets the operation and supply of sweepstakes-style platforms. The bill specifically addresses platforms that use two forms of digital currency — one of which can be redeemed for real-world prizes — a setup now under scrutiny by state regulators.

Meanwhile, Louisiana has taken a similarly hard stance with Senate Bill 181, led by Sen. Adam Bass. The bill aims to ban all forms of sweepstakes games that mimic casino or sports betting experiences, including both the promotion and operation of such services. It passed the state Senate unanimously and is currently being reviewed by the House.

Montana could become the first U.S. state to enact a full prohibition if Senate Bill 555 is signed into law. The bill, which has passed both chambers, seeks to clearly define and outlaw the operation of unlicensed sweepstakes gambling websites.

“States are clearly starting to zero in on grey-area gambling models,” said a senior analyst at MDC. “These bills show how quickly the legal landscape can shift, and it’s crucial that players and operators stay ahead of the curve.”

About MDC
Minimum Deposit Casinos (MDC) is a trusted online portal under the OneTwenty Group. MDC evaluates online casinos worldwide, assessing safety, licensing, game fairness, and payment security before recommending the best options to players.

Contact Email: [email protected]

GlobeNewswire Distribution ID 1001095989