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A new report by the World Economic Forum (WEF) predicts a celestial boom for the global economy. Titled “Space: The $1.8 Trillion Opportunity for Global Economic Growth,” the report forecasts a staggering tripling of the space industry’s value by 2035, reaching a worth of $1.8 trillion. This growth trajectory significantly outpaces the projected rise in global gross domestic product (GDP), highlighting space exploration’s potential as a powerful […]

Researchers have uncovered a novel tactic employed by cybercriminals: leveraging Artificial Intelligence (AI) to craft malicious code. The culprit, a threat group known as TA547, is suspected of using AI to develop a PowerShell script designed to deploy malware. PowerShell is a powerful scripting language commonly used for system administration within Windows environments. Malicious actors often exploit PowerShell to execute commands remotely, allowing them to infiltrate systems […]

Richard Teng, CEO of the world’s largest cryptocurrency exchange Binance, recently embarked on a visit to South Korea. The trip’s primary objective was to engage in discussions with South Korean financial authorities regarding market access for Binance. This move comes after Binance’s attempt to enter the South Korean market in 2022 through the acquisition of domestic exchange Gopax. The discussions between Teng and South Korean officials likely […]

Hong Kong is inching closer to becoming a major player in the cryptocurrency world with the anticipated approval of Bitcoin and Ether exchange-traded funds (ETFs) as early as next week. This move signifies a significant shift for the region, potentially solidifying Hong Kong’s position as a hub for digital assets. The news comes as Hong Kong seeks to carve out a niche in the burgeoning cryptocurrency market. […]

The ubiquitous smartphone has become an extension of ourselves, but what if technology could be more integrated into our lives without demanding constant screen time? Humane, a well-funded startup ($230 million), is betting on its new product, the Ai Pin, to do just that. The Ai Pin is a generative AI wearable – a far cry from the typical fitness tracker or smartwatch. Co-founders Bethany Bongiorno, a […]

Popular Telegram game Notcoin has unveiled key updates to its upcoming token launch on The Open Network (TON), scheduled for April 20th. In a move to streamline its in-game currency, the NOTCOIN team has implemented a 1,000:1 token conversion ratio. This means every 1,000 in-game coins will be equivalent to one NOT token upon launch. The total supply of NOT tokens will be capped at 102.7 billion, […]

HONG KONG SAR – Media OutReach Newswire – 12 April 2024 – On April 9, Poly Auction Hong Kong Spring Auctions 2024 successfully concluded at the Grand Hyatt Hotel in Hong Kong. The auction achieved a satisfactory total sales amount of HKD292 million, with a total sale of nearly HKD330 million including private sales. This season saw robust performances in nine special sales presented by four departments, […]

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Coinbase, a leading cryptocurrency exchange, has secured a restricted dealer license in Canada, according to industry reports. This move signifies the company’s international expansion strategy as it grapples with ongoing regulatory hurdles in the United States. The restricted dealer license, granted by the Canadian Securities Administrators (CSA), allows Coinbase to operate within a specific regulatory framework. While the details of the license haven’t been publicly disclosed, it’s […]

South Korea, a nation long known for its enthusiastic embrace of cryptocurrency, is poised to implement stricter listing guidelines for digital assets. The new regulations prioritize security and transparency for token issuers, with a particular focus on projects that have been compromised by hacks or those originating from foreign entities. This move comes amidst growing concerns from South Korean regulators regarding potential risks associated with the cryptocurrency […]

United States Senators are casting a critical eye on the handling of FTX’s bankruptcy proceedings. The controversy centers on the sale of a large quantity of SOL tokens, the native cryptocurrency of the Solana blockchain, by Sullivan and Cromwell, the law firm entrusted with the bankruptcy case. At the heart of the issue is the price at which the SOL tokens were sold. According to reports, the […]

Cryptocurrency exchange Crypto.com has achieved a significant milestone in its global expansion plans after receiving a full operational license from Dubai’s Virtual Assets Regulatory Authority (VARA). This approval makes Crypto.com’s Dubai subsidiary, CRO DAX Middle East FZE, the first fully licensed entity authorized to handle both fiat and crypto currencies within the United Arab Emirates (UAE). The development comes after Crypto.com underwent a multi-stage approval process established […]

British Columbia is revving up its efforts to control the energy flow feeding the ever-growing world of cryptocurrency mining. The province, known for its clean hydroelectric power, announced plans to implement regulations that would grant the government the authority to restrict or even halt electricity supplies to crypto miners. This move comes on the heels of a December 2022 decision to hit pause on new electricity connections […]

British Columbia is revving up its efforts to control the energy flow feeding the ever-growing world of cryptocurrency mining. The province, known for its clean hydroelectric power, announced plans to implement regulations that would grant the government the authority to restrict or even halt electricity supplies to crypto miners. This move comes on the heels of a December 2022 decision to hit pause on new electricity connections […]

Vogue magazine has offered a behind-the-scenes look at Rihanna’s powerful cover shoot for their latest issue. The video, titled “Inside Rihanna’s Epic Vogue Cover Shoot,” portrays the singer basking in motherhood while showcasing the meticulous artistry that went into crafting the unforgettable cover image. The video opens with Rihanna’s undeniable charisma on full display. She exudes a relaxed confidence as stylists adjust a voluminous red dress, a […]

Operated by Tasman Cargo Airlines, the dedicated Boeing 777-200 flies five times a week, offering more than 500 tons of payload capacity The flight further improves connectivity between Oceania and North Asia through next-day delivery services between Australia and Hong Kong, mainland China, India, Japan, Korea, Malaysia, Taiwan, Thailand, Philippines and Vietnam HONG KONG SAR – Media OutReach Newswire – 12 April 2024 – DHL Express, the […]

The fight against financial crime took a collaborative turn in the United Arab Emirates (UAE) with the release of the first public consultation document by the Public-Private Partnership Subcommittee (PPPSC). Established by the National Committee for Anti-Money Laundering and Counter Financing of Terrorism (NAMLCFTC), the PPPSC represents a novel initiative designed to foster cooperation between government agencies and private sector entities. This landmark document seeks public input […]

HONG KONG SAR – Media OutReach Newswire – 12 April 2024 – Today, IX Asia Indexes announced the 2024 1st quarter review of ixCrypto Index (“IXCI”), ixCrypto Portfolio Indexes and ixCrypto Stablecoin Index (IXSCI). The constituent changes will be effective on 19th April, 2024 (Friday). The results of the constituent review and exchange review are as follows: 1. Constituent Review – ixCrypto Index Series 1.1 ixCrypto Index […]

Capitalising on the Demand for Serviced Apartments in Key International Business Areas BANGKOK, THAILAND – Media OutReach Newswire – 3 April 2024 – ONYX Hospitality Group, the leading hospitality management company, is delighted to announce the expansion of its renowned Shama brand with the launch of Shama Rayong, capitalising on the demand for serviced apartments. The signing ceremony took place on 1st April 2024 at Amari Bangkok, […]

The United Arab Emirates’ (UAE) banking sector has bolstered its financial resilience, with the combined capital and reserves of its banks reaching a record AED 500 billion (USD 136.23 billion) by the end of January 2024. This robust figure, revealed by the Central Bank of the UAE (CBUAE), marks a significant 13.3% increase year-on-year, solidifying the UAE’s position as a regional financial powerhouse. The capital and reserve […]

Etihad Airways, the national airline of the United Arab Emirates, marked a significant milestone with its touchdown in Boston on Sunday. This historic flight signifies the launch of regular service between Abu Dhabi, the airline’s hub, and the vibrant American city. The inaugural flight, designated EY147, was met with fanfare at both its origin and destination. Passengers departing Abu Dhabi Airport were treated to a celebratory send-off, […]

Arabian Post Special Americana Group’s Initial Public Offering (IPO) is poised to be a landmark event for the UAE stock market. The company, the largest quick-service restaurant operator in the Middle East, boasts a brand portfolio that includes regional favorites like KFC and Pizza Hut. This offering is expected to inject a significant amount of capital into the market, raising $1.8 billion according to reports. This influx […]

Establishing a Strong Presence and Participating in Hong Kong “Global Sources Consumer Electronics Show HONG KONG SAR – Media OutReach Newswire – 11 April 2024 – XTransfer, the World’s Leading & China’s No.1 B2B Cross-Border Trade Payment Platform, celebrates its one-year anniversary in the Hong Kong market while joining the “Global Sources Consumer Electronics Show” held at the AsiaWorld-Expo. The event gathers over 2,000 top Asian manufacturers […]

And announced to be the first and only brokerage firm authorized token-in-token-out HONG KONG SAR – Media OutReach Newswire – 11 April 2024 – Victory Securities (“Victory”) announced the launch of its first securities and virtual assets trading app in Hong Kong – VictoryX (Chinese name: 勝利通) , the first licensed corporation in Hong Kong to offer a single app for asset allocation on securities and virtual […]

MACAU SAR – Media OutReach Newswire – 11 April 2024 – In the enchanting embrace of spring, cherry blossoms unfurl their delicate petals in a symphony of beauty. With the support of the Consulate-General of Japan in Hong Kong, Galaxy Macau™ Integrated Resort (“Galaxy Macau”) proudly unveils the Sakura Cultural Festival. From April 24 to May 5, coinciding with the zenith of Japan’s cherry blossom season, this […]

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