Connect with us

Press Release

BTCST Debuts as Bitcoin’s Leveraged Token on Binance Launchpool

Published

on

Bitcoin Standard Hashrate Token (BTCST) is now live on Binance Launchpool, and Binance will then list BTCST in the innovation zone at 6:00 am (UTC) on Jan. 13, 2021.

BTCST sets off to solve the problem of a limited number of exit options by bringing exchange-grade liquidity to the Bitcoin mining industry, and in secondary trading, BTCST will perform as a leveraged Bitcoin token free from liquidation risk. BTCST will create an efficient market for Bitcoin’s mining power in ways similar to how Grayscale Bitcoin Trust creates institutional liquidity for Bitcoin. 

Four Key Points About BTCST 

1. Bitcoin’s leveraged token 

BTCST secures dual profits for its holders when the market is on a bull run, due to BTCST’s attributes as Bitcoin’s leveraged token. 

BTCST is collateralized by 0.1 TH/s of real-world Bitcoin mining power, which is historically proven to be positively correlated to the performance of the digital gold, and hence the value of BTCST climbs along with the current skyrocketing Bitcoin market. On top of that, BTCST stakers claim Bitcoin mining rewards on a daily basis. If a user started to mine Bitcoin with a WhatsMiner M21s (a classic hardware model of Bitcoin mining) in October 2020, by the time of publication, the value of Bitcoin mined would have risen by 200%; however, the price of the mining machine itself increased 400% during the same time frame. 

Therefore, it is safe to call BTCST a leveraged token of Bitcoin. 

2. Grayscale-like operations in the mining industry 

2020 is the year of Grayscale, and BTCST may prolong the saga in the Bitcoin mining industry. Institutional liquidity injected by Grayscale sparked the bullish market, and BTCST will help release liquidity to the mining industry and enable the execution of liquidity premium in the secondary market. 

BTCST creates an efficient market among Bitcoin miners. By trading BTCST, market participants can freely enter and exit Bitcoin mining exposure in any size, at any time, and with low costs. Even miners without mining power tokenized by BTCST can make use of the token to capture the profits or hedge against the risks of mining machine price fluctuation. 

3. Enhanced cloud mining 

Cloud mining is an imperfect solution to the lack of liquidity, and its reputation is clouded by frequent scams. The legitimate providers also fall short of full transparency. 

BTCST is a cloud mining platform deployed on the Binance Smart Chain, with daily payouts executed by the dApp and all data traceable. Binance Pool, the world’s second-largest Bitcoin mining pool, functions as the auditor for BTCST and guarantees legitimacy and transparency. 

4. DeFi of 2021 

BTCST is a DeFi project without risks of impermanent loss. When a user un-stakes BTCST, the user is safeguarded by code to retrieve the same amount of BTCST along with the accrued Bitcoin mining rewards. 

In addition, BTCST has passed the scrutiny of CertiK, one of the world’s leading blockchain security firms, scoring a 98 out of 100 in a security audit. 

About Author

Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

Continue Reading

Press Release

Astana to Host 2027 Four Continents Figure Skating Championships

Published

on

The International Skating Union (ISU) has officially selected Astana as the host city for the 2027 Four Continents Figure Skating Championships, according to Kazakhstan’s National Olympic Committee. The competition is scheduled to take place from 9 to 14 February 2027.

The event will bring together figure skaters from Asia, the Americas, Africa, and Oceania.

According to the ISU, the decision follows increased interest in figure skating in Kazakhstan after Mikhail Shaidorov won the gold medal in the men’s singles event at the 2026 Winter Olympics in Milan and Cortina d’Ampezzo.

The ISU noted that Shaidorov’s victory contributed to growing public interest in the sport in Kazakhstan.

The 2027 Four Continents Championships will be the largest figure skating competition hosted by Kazakhstan, according to the ISU.

Kazakhstan has previously hosted major winter sports events, including the 2011 Asian Winter Games and the 2017 Winter Universiade, both of which featured figure skating competitions.

About Author

Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

Continue Reading

Press Release

Kazakhstan Climbs 28 Places in Global Tourism Ranking

Published

on

Kazakhstan continues to strengthen its position on the regional tourism map. In recent years, the sector has demonstrated steady growth, with tourism activity increasing across nearly all key indicators. Following strong growth in 2025, the positive trend has continued into 2026.

According to the latest data, nearly 2 million guests were accommodated at tourism establishments across Kazakhstan during the first quarter of 2026. The value of services provided exceeded 69 billion tenge, representing a 14% increase compared to the same period last year. The volume index of tourism services reached 104.5%, indicating not only higher prices but also genuine growth in tourism activity.

Domestic tourism has shown particularly strong momentum. During the first quarter of 2026, the number of Kazakh citizens using accommodation services within the country increased by 3.6%. This reflects growing interest among residents in travelling within Kazakhstan and points to ongoing improvements in tourism infrastructure, a broader range of services, and the increasing attractiveness of domestic destinations. As a result, domestic tourism is becoming one of the key drivers of the sector, stimulating regional economic activity, creating jobs, and supporting the growth of small and medium-sized businesses.

At the regional level, Almaty remained the leading destination, welcoming 472,900 visitors during January–March 2026. It was followed by Astana with 352,200 visitors and the Akmola Region with 161,100 visitors. Approximately 40% of all visitors were concentrated in resort areas, amounting to more than 800,000 people, highlighting the growing importance of recreational tourism and strong demand for domestic holiday destinations.

The positive trends are consistent with the priorities outlined by President Kassym-Jomart Tokayev, who has repeatedly emphasised the importance of tourism development, including in his 2025 State of the Nation Address, where he highlighted the Almaty tourism cluster and the strategic significance of the sector.

Tourism infrastructure continues to expand. Kazakhstan now has more than 4,500 accommodation facilities, employing around 31,000 people. Three years ago, the country had approximately 3,800 accommodation facilities and 28,000 employees in the sector. This represents growth of 17% in accommodation capacity and 12% in employment, underscoring the sector’s increasing contribution to the national economy.

Tourism’s contribution to Kazakhstan’s economy continues to grow. In 2025, the sector generated 5 trillion tenge and accounted for 3.1% of GDP. More than 600,000 people are now employed in tourism-related activities, representing around 7% of total national employment. According to Tourism and Sports Minister Yerbol Myrzabossynov, foreign visitors spent US$2.9 billion in Kazakhstan in 2025, while tax revenues generated by tourism increased by 18% to 630 billion tenge, raising the sector’s share of total tax revenues to 2%.

These results reflect sustained efforts by both the government and private sector to develop tourism infrastructure, improve transport connectivity, enhance service quality, and promote Kazakhstan internationally. Investment in the tourism sector reached 1.3 trillion tenge in 2025, up 33% year-on-year. At the same time, government spending on culture, sport, tourism, and information policy reached a record 1.2 trillion tenge.

Legislative reforms have also been introduced. Amendments adopted in March 2026 include a “green corridor” mechanism for tourist buses to reduce border crossing times for organised groups, the formal recognition of visitor centres, and the introduction of unified standards for guides, tour leaders, and tourism instructors. Additional measures support children’s and eco-tourism, including free access to national parks for visitors under the age of 18.

The development of the tourism sector is being guided by Kazakhstan’s Tourism Industry Development Concept for 2023–2029. A key objective remains attracting more international visitors through visa liberalisation, expanded international air connectivity, and stronger promotion of Kazakhstan abroad. Citizens of 84 countries can currently enter Kazakhstan visa-free, while an electronic visa system is available to citizens of 102 countries. Kazakhstan is connected to 30 countries through 626 weekly flights operating across 135 international routes.

Infrastructure development also continues at pace. In 2025 alone, 96 tourism infrastructure projects worth 167.4 billion tenge were implemented, while government support measures for the sector totalled approximately 7 billion tenge. These figures demonstrate that tourism has become one of the priority sectors of Kazakhstan’s economic policy.

The sector’s progress is increasingly reflected in international rankings. One of the most important benchmarks is the Travel & Tourism Development Index published by the World Economic Forum, which assesses tourism infrastructure, investment attractiveness, and readiness for sustainable tourism development. Kazakhstan ranked 80th in 2019 with a score of 3.7, improved to 66th in 2021, and reached 52nd place in 2024 with a score of 4.1. Overall, Kazakhstan climbed 28 places in just five years, representing one of the most significant improvements in the region.

The country has also improved its standing in the tourism and culture category of rankings published by U.S. News & World Report. Kazakhstan ranked 73rd in 2025, improving by 11 places over three years. Notably, Kazakhstan has narrowed the gap with regional competitors and now ranks seven places ahead of Uzbekistan, while also outperforming countries such as Qatar, Bahrain, Tunisia, and Vietnam.

Overall, international rankings confirm that Kazakhstan’s tourism sector is not only expanding quantitatively but also strengthening its competitiveness globally. Improvements in international indices reflect broader progress in infrastructure, service quality, investment attractiveness, and tourism promotion, reinforcing Kazakhstan’s emergence as one of the most promising tourism destinations in Central Asia.

About Author

Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

Continue Reading

Press Release

The Countdown Begins: Get Ready for a New World of Blockchain

Published

on

  • The future is approaching faster than ever, and a new chapter in blockchain innovation is about to begin.

Alberta, Canada, Jun 24, 2026, ZEX PR WIRE — Today, we are excited to announce that the countdown has officially started for the launch of CORAL COIN (CORL), a next-generation blockchain ecosystem built to empower users, businesses, and communities through secure, transparent, and utility-driven digital solutions.

On 27 June 2026, Coral Blockchain will take a significant step forward as CORAL COIN officially goes live, opening the door to a new world of decentralized technology and digital finance.

Why Coral?

Blockchain technology has transformed industries worldwide, but challenges remain. Many projects focus on hype rather than utility. Others struggle with transparency, scalability, security, or real-world adoption.

Coral Blockchain was created with a different vision.

Our mission is to build an ecosystem that combines innovation with practical value, creating opportunities for users and organizations to participate in the digital economy with confidence.

At the heart of this ecosystem is CORAL COIN (CORL) — a digital asset designed to support transactions, ecosystem participation, future decentralized applications, staking opportunities, and long-term blockchain growth.

A New World of Blockchain

The next generation of blockchain is not just about digital currencies.

It is about creating systems that are secure, transparent, efficient, and accessible to everyone.

Coral Blockchain is being developed to support this vision by focusing on:

  • Security and reliability
  • Transparent blockchain data
  • Smart contract functionality
  • Community-driven innovation
  • Real-world utility
  • Scalable blockchain infrastructure

As technology continues to evolve, Coral aims to become a platform where innovation meets trust.

Digitally Powered. Physically Secured.

These four words represent the foundation of the Coral ecosystem.

In today’s digital economy, security is not optional—it is essential.

Every blockchain transaction, wallet interaction, and smart contract operation should be protected by robust technology and transparent verification mechanisms.

Coral Blockchain is committed to creating an environment where users can participate confidently, knowing that transparency and security remain core priorities.

Our ecosystem is being built with long-term sustainability in mind, ensuring that growth never comes at the expense of trust.

Building for the Future

The blockchain industry is entering a new era.

Decentralized finance, digital assets, tokenization, and Web3 technologies are transforming the way people interact with money, data, and ownership.

Coral Blockchain is preparing for this future by developing an ecosystem capable of supporting emerging technologies and expanding opportunities for adoption.

As blockchain moves from experimentation to mainstream use, projects must provide genuine value and meaningful utility.

That is exactly what Coral intends to deliver.

Community at the Core

Behind every successful blockchain project is a strong community.

Coral Blockchain believes that innovation thrives when people come together to build, contribute, and grow.

Developers, investors, entrepreneurs, and blockchain enthusiasts will all play an important role in shaping the future of the Coral ecosystem.

The launch of CORAL COIN is not simply the introduction of a digital asset—it is the beginning of a movement focused on innovation, transparency, and long-term value creation.

The Countdown Has Begun

The excitement is building.

The vision is clear.

The future is near.

As we prepare for the official launch on 27 June 2026, we invite everyone to join us on this journey and become part of the Coral community.

The countdown has begun.

Get ready for a new world of blockchain.

Get ready for innovation.

Get ready for transparency.

Get ready for the future.

CORAL COIN (CORL)

Digitally Powered. Physically Secured.

  • Official Launch: 27 June 2026
  • The future is decentralized.
  • The future is CORAL.

About Author

Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

Continue Reading

LATEST POST