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Paybis has Hosted Proof of Chill – An Exclusive Blockchain Mixer Event During Riga Tech Week

Published

4 months ago

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United States, 19th Sep 2025 – Paybis hosted Proof of Chill: An Exclusive Blockchain Mixer, an invitation-only meetup for the blockchain, crypto, and fintech communities at Riga’s Lighthouse restaurant on August 28, 2025. The invite-only event was an official part of Riga Tech Week’s schedule. The citywide program included talks, workshops, meetups, and panels across Riga held by a variety of companies and communities.

The mixer event was organized in collaboration with the Latvian Blockchain Association (LBAA) and UN:BLOCK, the leading crypto conference in Northern Europe. The regional interest was strong, with 300 leaders from the crypto, fintech, and blockchain industries coming together in the evening.

Proof of Chill also marked a milestone for Paybis, which doubled Baltic turnover and nearly doubled its retail user base year-over-year. Founded in Latvia in 2014, the company has grown into a global crypto infrastructure provider with more than 5 million users and is trusted by global businesses worldwide.

Voices from Latvia’s Web3 Scene

Proof of Chill was designed as a working mixer rather than a stage program. Guests enjoyed cocktails and plates in a relaxed seaside setting, with a DJ playing through sunset. Interactive touches such as an AI photo booth and a claw machine with prizes kept energy high, while a curated guest list ensured meaningful conversations across adjacent fields.

Bringing business and community voices together underscored the event’s goal. “Paybis is a homegrown Latvian success story and a growing force in Web3 across the globe,” said Innokenty Isers, Founder and CEO of Paybis. “This year, we continue to expand our product and technical team in Riga, creating high-paying jobs. Proof of Chill is only the beginning of our efforts to position Riga as a regional Web3 economic leader.”

Reinis Znotiņš, Executive Director of LBAA, added, “It is clear that interest in crypto assets, blockchain, and fintech is growing not only globally but also in Latvia. Our community is growing, and with active work, we’ve managed to set Latvia’s ecosystem in motion.”

The event built on long-running community efforts. LBAA, a Riga-based nonprofit, works to establish Latvia as a European Web3 hub through education, policy, and community building. UN:BLOCK, the largest crypto conference in Northern Europe, drew a four-figure audience in 2025 and has already opened ticket sales for its next edition.

For visitors in town for Riga Tech Week, Proof of Chill offered a snapshot of the Baltics’ fast-growing crypto ecosystem. The evening gave participants space to explore pilot partnerships, sketch integration plans, and exchange perspectives on regulatory priorities, strengthening Riga’s position as a hub for fintech and blockchain collaboration.

Paybis in the Baltics

Paybis’s presence in the Baltics grew quickly across both retail and enterprise. In the first half of 2025, turnover and the retail user base doubled compared to H1 2024, showing strong market fit and wider reach. Most purchases were in euros, with U.S. dollars next in line. The concentrated demand was in the core European currencies.

Most activity centers on Tallinn, Riga, and Vilnius, with new pockets picking up in other Baltic hubs. On the retail side, BTC, USDT, and ETH see the most use. In addition to retail growth, Paybis added new corporate accounts, bringing businesses from various industries into the mix. Operating as a crypto infrastructure provider since 2014, Paybis supports businesses with on- and off-ramp services, global crypto payments, and secure business wallets, with round-the-clock support.

To learn more, visit https://paybis.com/

Media Contact

Organization: Paybis

Contact Person: Innokenty Isers

Website: https://paybis.com

Email: Send Email

Country:United States

Release id:34172

This press release is for informational purposes only and does not constitute financial advice, investment recommendations, or an endorsement of any cryptocurrency or financial product. Statements regarding company growth, performance, or projections are forward-looking and subject to market and operational risks.

The post Paybis has Hosted Proof of Chill – An Exclusive Blockchain Mixer Event During Riga Tech Week 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

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Press Release

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

Published

2 hours ago

on

January 31, 2026

By

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

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Press Release

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

Published

2 hours ago

on

January 31, 2026

By

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

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Cloud PR Wire

See author's posts

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.

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Press Release

FXO and Apex Trade Outline Shared Perspectives on the Responsible Development of Finance and Technology

Published

8 hours ago

on

January 31, 2026

By

Emphasizing Long-Term Value, Stability, and Social Responsibility in Global Markets

FXO Global Exchange and the Apex Trade (AT) team have each articulated a long-term focus on the responsible development of next-generation finance and technology, emphasizing sustainability, structural stability, and social value creation in an evolving global landscape.

While operating independently, both FXO and AT highlight the importance of aligning technological advancement with real-world needs, prudent risk management, and broader societal considerations.

Distinct Capabilities Addressing Evolving Market Needs

FXO Global Exchange is positioned as a financial infrastructure platform designed for global markets, with an emphasis on system stability, transparency, and long-term operational resilience. Its approach prioritizes the development of institutional-grade frameworks that support orderly market participation and sustainable growth.

Apex Trade (AT), meanwhile, operates as a professional analytical team focused on financial market research and interdisciplinary analysis. The team brings together contributors from fields including financial markets, digital assets, artificial intelligence, and data science, developing structured analytical models intended to support informed decision-making in complex market environments.

Long-Term Orientation and Development Philosophy

Apex Trade operates under the guiding principle of “Technology leading life, working hand in hand with the world,” reflecting its emphasis on global awareness, analytical rigor, and responsible innovation. Its work focuses on examining how emerging technologies intersect with financial systems and broader social dynamics.

FXO similarly underscores a long-term development philosophy, highlighting the importance of stability, transparency, and value creation over short-term expansion. The platform’s stated objective is to contribute to financial ecosystems that are resilient, rational, and aligned with sustainable development goals.

Global Perspective and Professional Research Focus

The AT team consists of analysts and researchers from multiple regions, contributing diverse professional backgrounds and perspectives. Through cross-disciplinary collaboration, the team has developed analytical frameworks aimed at evaluating market structure, technological trends, and long-term system behavior.

AT has indicated that it maintains, or is preparing, operational and research presences in several regions as part of its broader global outlook.

Emphasis on Social Responsibility and “Technology for Good”

Both FXO and Apex Trade emphasize that technological and financial innovation should extend beyond efficiency and scale, incorporating social responsibility and public-interest considerations. Each organization has highlighted the importance of applying technology in ways that support sustainability, social equity, and long-term societal benefit.

This perspective reflects a broader industry discussion around “technology for good,” where innovation is evaluated not only on performance metrics but also on its contribution to structural stability and social well-being.

Industry Outlook

As global finance and technology continue to evolve, FXO and Apex Trade each maintain that future progress will depend on rational development, responsible governance, and a commitment to long-term value creation. Their respective approaches illustrate how independent organizations can contribute to this broader direction through infrastructure development, analytical research, and principled innovation.

Conclusion

The perspectives outlined by FXO Global Exchange and Apex Trade reflect a shared emphasis on sustainability, responsibility, and long-term thinking in next-generation finance and technology. As industry participants increasingly focus on structural integrity and social impact, such approaches continue to shape discussions around the future of global financial and technological systems.

Media Contact

Organization: Wholy Digital

Contact Person: Media Relations

Website: https://wholyseo.com/

Email: Send Email

Country:Singapore

Release id:40848

Disclaimer: This content is provided for informational purposes only and does not constitute financial, investment, legal, or trading advice. FXO Global Exchange and Apex Trade (AT) operate independently and are not affiliated; any references are descriptive only and do not imply a partnership, endorsement, or collaboration. No offers, solicitations, or guarantees are made.

The post FXO and Apex Trade Outline Shared Perspectives on the Responsible Development of Finance and Technology 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

Cloud PR Wire

See author's posts

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.

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