Connect with us

Press Release

Paradex Confirms $DIME TGE Timeline and Expands Airdrop Allocation Following XP Season 2 Conclusion

Published

on

New York, NY – Paradex today announced the official conclusion of XP Season 2, marking a major milestone in the platform’s roadmap toward the upcoming $DIME Token Generation Event (TGE).

As part of its continued commitment to trader-first incentive alignment, Paradex confirmed that 25% of $DIME’s fully diluted supply will be airdropped to all XP holders at TGE, with tokens fully unlocked at launch.

In a significant expansion of community rewards, Paradex also revealed that Season 2 XP holders will receive 20% of the total token supply, up from the previously planned 15%, reinforcing the platform’s long-term focus on rewarding active ecosystem participation.

The $DIME TGE is currently scheduled for late February or early March, following the Chinese New Year holiday, with the official date to be announced by the Paradex Foundation.

XP Season 2: Major Growth and Final Week Distribution

XP Season 2 represented a period of substantial growth for Paradex across every major protocol metric:

  • Average daily trading volume increased from $68M to $2.1B (31x)
  • Open Interest grew from $28M to $679M (24x)
  • Total Value Locked rose from $25M to $218M (9x)
  • Total users expanded from 4.1k to 70.3k (17x)

During the final week of the season (January 23 to January 29), Paradex distributed 6 million XP directly to active user wallets, with additional rewards allocated through referral codes and affiliate programs.

Users surpassing 25,000 XP during the final week also received exclusive BadgerBox drops.

A final waitlist snapshot is scheduled for January 31 at 00:00 UTC.

$DIME Airdrop Allocation Breakdown

Paradex confirmed the following $DIME distribution structure at TGE:

  • 25% of total supply allocated to all XP holders (fully unlocked)
  • 20% dedicated specifically to Season 2 XP participants (increased from 15%)
  • 5% reserved for Pre-Season and Season 1 XP holders (unchanged)

With half of the token supply dedicated to user rewards and participation, Paradex continues to position itself as a platform built around long-term ecosystem alignment.

Token Generation Event Details

  • Token: $DIME
  • Timing: After Chinese New Year
  • Target Window: Last week of February or first week of March
  • Initial Listing: Paradex Spot Markets
  • Issuer: Paradex Foundation (official date forthcoming)

XP Season 3 Launches February 1

Looking ahead, Paradex announced that XP Season 3 will begin on February 1, shifting focus toward the next phase of ecosystem expansion, including:

  • Spot trading
  • Real-World Asset (RWA) Perpetuals
  • Options markets

XP accumulation will begin immediately on February 1, while the first weekly XP distribution will occur post-TGE, allowing the team to prioritize a smooth and focused token launch.

Paradex reiterated that the platform remains committed to transparent execution, continued incentive alignment, and rewarding the traders and builders who drive long-term ecosystem growth.

About Paradex

Paradex is a privacy-first, zero-fee on-chain perpetuals exchange focused on high-performance decentralized trading infrastructure for a global community of crypto participants.

Website: https://paradex.trade/

X (Twitter): https://x.com/paradex

Discord: https://discord.gg/paradex

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

Niihara International Announces Rosa Parks Spirit Award Honor for Founder and CEO Dr. Yutaka Niihara

Published

on

Niihara International announced that its Founder and CEO, Dr. Yutaka Niihara, has been awarded the Rosa Parks Spirit Award by the Rosa and Raymond Parks Institute for Self Development. The honor recognizes his long-standing commitment to improving care and treatment options for patients with sickle cell disease, particularly those affected by health disparities. The Company continues to advance therapies, including L-glutamine treatment, aimed at reducing complications and addressing unmet medical needs in rare diseases.

Irvine, California – June 23, 2026 – Niihara International, Inc. (“Niihara International” or the “Company”), a development-stage biopharmaceutical company focused on therapies for rare and orphan diseases, today announced that its Founder and Chief Executive Officer, Yutaka Niihara, M.D., has been awarded the Rosa Parks Spirit Award by the Rosa and Raymond Parks Institute for Self Development, the only organization founded by civil rights icon Rosa Parks.

The Rosa and Raymond Parks Institute for Self Development, co‑founded by Rosa Parks and Elaine Eason Steele in 1987, is dedicated to educating and motivating youth and adults for self and community betterment and continues Mrs. Parks’ legacy as a global symbol of courage and human rights. The Rosa Parks Spirit Award is presented on a selective basis to individuals and partners whose work reflects Mrs. Parks’ belief that “we are here on Planet Earth to live, grow up, and do what we can to make the world a better place for all people to enjoy freedom,” including freedom from injustice and inequity.

In presenting the Rosa Parks Spirit Award to Dr. Niihara, a representative of the Institute cited his more than decade‑long commitment to improving the lives of patients with sickle cell disease, particularly those facing significant health disparities and barriers to care. The presentation acknowledged Dr. Niihara’s role in bringing broader attention to the burden of pain experienced by sickle cell patients and his sustained efforts to develop and advance treatment options for this historically underserved population.

“This recognition from the Rosa and Raymond Parks Institute for Self Development is deeply humbling,” said Dr. Yutaka Niihara. “Rosa Parks devoted her life to the cause of human dignity and equal opportunity, and I am honored that our work on behalf of sickle cell patients has been associated with her legacy. We remain committed to developing therapies that can help reduce suffering and address the persistent inequities faced by patients and families around the world.”

Niihara International is focused on the development, commercialization, and distribution of innovative therapies for rare and orphan diseases, including its initial product candidate, a generic prescription‑grade L‑glutamine oral powder designed to reduce acute complications associated with sickle cell disease in patients ages five years and older. L‑glutamine therapy has been recognized as an important option within a limited range of treatments available to sickle cell patients and reflects the Company’s mission to target serious unmet medical needs.

Niihara International’s efforts build on a growing body of clinical and real‑world evidence demonstrating that pharmaceutical‑grade L‑glutamine can reduce the frequency of painful vaso‑occlusive crises in sickle cell disease and offer meaningful benefits in a population that has historically had few therapeutic choices. The Company intends to continue advancing its product and pipeline strategy while seeking collaborations that align with its commitment to patient‑centered innovation and health equity.

About the Rosa and Raymond Parks Institute for Self Development
The Rosa and Raymond Parks Institute for Self Development was co‑founded in 1987 by Rosa Parks and Elaine Eason Steele to educate and motivate youth and adults, particularly African American communities, for self and community betterment. Based in Detroit, Michigan, the Institute sponsors programs that promote civil rights education, leadership development, and civic engagement, continuing the legacy of Rosa Parks, widely known as the “Mother of the Civil Rights Movement.”

About Niihara International, Inc.
Niihara International, Inc., incorporated in California in 2023, is a development‑stage biopharmaceutical company focused on the development, commercialization and distribution of innovative therapies for rare and orphan diseases. The Company’s initial product is a generic prescription‑grade L‑glutamine oral powder designed to reduce acute complications associated with sickle cell disease in patients ages five years and older. For more information, please visit www.niiharainternational.com.

Forward‑Looking Statements
This press release may contain forward‑looking statements within the meaning of federal securities laws, including statements regarding the Company’s business strategy, development plans, product candidates, and potential markets. These statements are based on current expectations and assumptions and involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such forward‑looking statements, including those described under “Risk Factors” in any offering circular or other filings with the U.S. Securities and Exchange Commission. Readers are cautioned not to place undue reliance on these forward‑looking statements, which speak only as of the date of this press release, and Niihara International, Inc. undertakes no obligation to update or revise any forward‑looking statements to reflect events or circumstances after the date hereof.

Offering Portal Administrator
Glass Box Law, Inc.
Offering Portal Website:  https://glassboxlaw.com/portal/niihara-international-inc

Media Contact

Organization: Niihara International, Inc.

Contact Person: Maurice Bethea

Website: https://niiharainternational.com/

Email:
mbethea@niiharainternational.com

City: Rolling Hills Estates

State: California

Country:United States

Release id:46420

The post Niihara International Announces Rosa Parks Spirit Award Honor for Founder and CEO Dr. Yutaka Niihara appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section

file

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

LATEST POST