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European car manufacturers are set to gain a competitive edge against their Chinese and American counterparts with the production-ready Obrist HyperHybrid, a revolutionary concept car that ditches the traditional electric vehicle charging model for a refueling system. This brainchild of inventor and CEO Frank Obrist promises to combine the environmental benefits of electric cars with the convenience of refueling stations. The HyperHybrid functions with an electric motor, […]

The Bitcoin network is hurtling towards a pivotal moment – the fourth ever Bitcoin halving. This pre-programmed event, expected to occur within the next 48 hours, will see the block reward for miners slashed in half, from 6.25 bitcoins to 3.125 bitcoins. With only 262 blocks left to be mined before the halving, anticipation is gripping the cryptocurrency community. The halving is a cornerstone of Bitcoin’s economic […]

Global cryptocurrency exchange Binance is reportedly seeking to re-enter the Indian market, according to a report by The Economic Times. This move comes after the exchange exited the Indian market in 2021 following a regulatory crackdown on cryptocurrencies by the Indian government. The report states that Binance is prepared to comply with all local financial regulations and anti-money laundering (AML) standards set forth by the Indian authorities. […]

QuickHR Honours Women Leaders with the Annual Woman of Excellence Award Singapore – April 18, 2024 — In light of amplifying the voices and successes of esteemed women leaders at workplaces, award-winning HR & Payroll solution provider QuickHR hosted their annual Woman of Excellence Award in March 2024.  Launched in line with International Women’s Month, the award reflects QuickHR’s dedication to inspire inclusion and promote gender equality […]

Ernst & Young (EY), a leading global accounting firm, has unveiled a novel approach to contract management, leveraging blockchain technology. Their solution, EY OpsChain Contract Manager, takes flight on the Polygon network, a high-speed blockchain platform, with a planned migration to the Ethereum blockchain in the future. Ultimately, EY envisions the system operating on layer-3 blockchains, a cutting-edge development offering enhanced scalability and privacy. EY OpsChain Contract […]

In a move aimed at bolstering the reliability of its emergency reserves, cryptocurrency exchange giant Binance announced today the conversion of its entire Secure Asset Fund for Users (SAFU) into USDC. Previously, the SAFU fund held a combination of cryptocurrencies, including Binance Coin (BNB), Bitcoin (BTC), Tether (USDT), and TrueUSD (TUSD). Established in 2018, the SAFU fund serves as a financial backstop for Binance users in the […]

Schneider Electric is introducing a limited-time exclusive promotional package for its new household Schneider Charge EV charger. Be the first 100 customers to enjoy the package, originally valued at HK$17,690 for only HK$6,980 [1]. The exclusive package includes the EV charger with attached cable and basic installation, Residual Current Circuit Breaker with Overcurrent Protection (RCBO), with an extended 24-month warranty. To accommodate customers who are awaiting the […]

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The United Arab Emirates (UAE) is emerging as a frontrunner in the global movement for trade digitization, according to Dr. Thani bin Ahmed Al Zeyoudi, the nation’s Minister of State for Foreign Trade. Al Zeyoudi spoke at the World Economic Forum (WEF) in Davos, Switzerland, emphasizing his belief that advancements of the Fourth Industrial Revolution – including artificial intelligence, data analytics, and blockchain technology – hold the […]

SHRIMP.co’s Reality Show ‘House of Streams’ where eight social media influencers participate in a contest for a Bitcoin prize. Valletta, Malta – April 18, 2024 — SHRIMP.co (Stream House Media Productions Ltd.) is pleased to announce the launch of its highly anticipated eight-part series ‘House of Streams‘ in spring 2024. The series will feature eight internet media professionals who represent millions of gamers, streamers, and the social […]

Dubai residents can expect to see an increase in their water bills as the emirate grapples with a surge in demand for the precious resource. The Dubai Electricity and Water Authority (DEWA) revealed that the number of water accounts in Dubai reached 1,048,913 by the end of 2023, a significant increase of 5.1% compared to 995,478 accounts at the close of 2022. This growth reflects Dubai’s booming […]

Hong Kong style western cuisine, enchanting Sakura afternoon tea and the time travel journey of Macallan’s 200 years significant milestone MACAU SAR – Media OutReach Newswire – 17 April 2024 – Putien, the Michelin-starred Singaporean restaurant that has taken over Macau by its true Fujian flavor, is marking its first anniversary at Galaxy Macau™ with unprecedented taste extravaganza! Three starred chefs from Putien’s Singapore, Hong Kong, and […]

SINGAPORE – Media OutReach Newswire – 17 April 2024 – VinFast Auto Ltd. (“VinFast” or the “Company”) (Nasdaq: VFS), a subsidiary of Vingroup JSC, today announced its unaudited financial results for the first quarter ended March 31, 2024. First quarter revenue rose 269.7% year-over-year (YoY) to $302.6 million. Deliveries rose 444% YoY to nearly 9,700 vehicles. Launching in new key markets in Southeast Asia, including Indonesia and […]

Beleaguered crypto companies Gemini and Genesis have received a crucial court nod, paving the way for the return of most digital assets owed to Gemini’s Earn program users. Under a settlement agreement approved by the Bankruptcy Court, Gemini will distribute a staggering 97% of the digital assets frozen since November 16, 2022. This positive development comes as a welcome relief for users who have been waiting months […]

First quarter earnings season continues to unfold and investors are keenly watching the financial reports of companies with bated breath. This quarterly ritual is more than just a routine check-up on corporate performance; it’s a crucial moment that shapes investment decisions and market sentiment. At its core, earnings season is a window into the financial health and vitality of companies. It’s the time when corporations unveil their […]

Pavel Durov, the enigmatic founder of the encrypted messaging app Telegram, offered a rare glimpse into his motivations and the challenges facing his platform in a recent interview. Durov, known for his unconventional approach to business and personal life, shed light on his decision to base Telegram in Dubai. He specifically cited the emirate’s neutrality and its government’s hands-off approach to internet regulation as key factors. This […]

Physicianonfire.com, a financial media brand geared towards doctors seeking FIRE (Financial Independence, Retire Early), has partnered with industry-leading cryptocurrency news source Coinclub.News. This collaboration aims to empower doctors with unbiased, in-depth information on cryptocurrency, potentially integrating it into their FIRE strategies. Seattle, Washington, United States – April 16, 2024 — Seattle, WA — Physicianonfire.com, the leading physician media brand for doctors and accredited investors focused on Financial […]

SINGAPORE – Media OutReach Newswire – 17 April 2024 – The Alliance to End Plastic Waste has published the first two in a series of ‘Solution Model’ playbooks, to improve the understanding of the many stakeholders across the plastic value chain about what is possible and what else is needed to drive systems change to end plastic waste in the environment and develop a circular economy for […]

The future of Ripple (XRP), a cryptocurrency designed for facilitating international payments, remains shrouded in a veil of uncertainty. While its potential for growth is undeniable, significant roadblocks lie ahead, primarily stemming from an ongoing legal battle with the U.S. Securities and Exchange Commission (SEC). Proponents of XRP highlight its unique value proposition within the global financial system. XRP acts as a bridge currency, enabling seamless and […]

Two senior executives at OKX, a major cryptocurrency exchange, have reportedly tendered their resignations, according to a recent industry report citing sources familiar with the matter. The departures come amidst a period of regulatory uncertainty in the cryptocurrency market, particularly in India, where OKX recently ceased offering services. The first departing executive is Tim Byun, who previously served as the CEO of Okcoin, OKX’s US subsidiary, before […]

HONG KONG SAR – Media OutReach Newswire – 17 April 2024 – Schneider Electric, the leader in the digital transformation of energy management and automation, shared a collaboration with NVIDIA to optimize data center infrastructure and pave the way for groundbreaking advancements in edge artificial intelligence (AI) and digital twin technologies. To assist IT professionals in addressing persistent pain points related to IT deployment in data centers […]

The South Korean won has ascended to the top spot for fiat currency used in cryptocurrency trading, surpassing the long-dominant US dollar in the first quarter of 2024. According to a report by Kaiko, a leading crypto research firm, the won facilitated over $456 billion in trading volume on centralized cryptocurrency exchanges during the period. This significant shift reflects a surge in South Korean investor interest in […]

In a bold move to address the escalating crisis of veteran and first responder suicides, the gfaith Foundation is pioneering a novel approach that intertwines spiritual faith with community support. San Antonio, TX, Texas, United States – April 17, 2024 — Led by President & Co-Founder Bryan Joy, gfaith has launched an ambitious initiative aimed at forging strong linkages between military personnel, veterans, first responders, and local […]

The partnership will kick off in Q2 of 2024 with an exclusive football season campaign in the summer and a Responsible Drinking initiative on GrabAds later this year HONG KONG SAR – Media OutReach Newswire – 17 April 2024 – Carlsberg Asia is pleased to announce the signing of a Memorandum of Understanding (“MoU”) with Southeast Asia’s everyday superapp, Grab, for a strategic partnership that will transform […]

Dutch chipmaker Nexperia became the latest victim of a cyberattack after the Dark Angels ransomware gang leaked a sample of allegedly stolen data on their leak site, Dunghill Leak. The attack, which occurred in March 2024, forced Nexperia to shut down critical IT systems and launch a comprehensive investigation. Nexperia, a subsidiary of the Chinese tech giant Wingtech Technology, is a major player in the semiconductor industry. […]

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