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Awards recognise outstanding contributions to FinTech sector, with Mr John Tsang, Senior Advisor of Bowtie, Mr Jim Lai, Vice President, Tencent Holdings Limited & Chairman, Fusion Bank Limited and Dr Suen Wai Mo, Founder & CEO, ClusterTech Limited on list of awardees   HONG KONG, CHINA – Media OutReach – 25 September 2020 – The IFTA FinTech Achievement Awards 2019 (the “Awards”) organized by the Institute of Financial of Technologists of Asia […]

SINGAPORE – Media OutReach – 23 September 2020 – DBLend, the new star DeFi lending project, has instituted a new mining program for holders of its mining supported token, DIBI. DBLend’s Leo reports that any community hold more than 30 million DIBI in total, will have the privilege of “one pledging, two mining out”. Leo said: “Last week we launched a webinar series on DBLend metrics, to break down the […]

SINGAPORE – Media OutReach – 11 September 2020 – Poker players who cross over to cryptocurrency trading are seeing astounding success out of the gate — for example, a trading team comprised of poker players and captained by poker star Mike McDonald placed in the top three in the recently concluded World Series of Trading (WSOT). A total overlay prize pool of $1.27 million in cryptocurrency was paid out […]

SINGAPORE – Media OutReach – 4 September 2020 – HUA Exchange “HUAX” has registered over 1 million users, across 200 countries and regions. HUAX (Hua Exchange) is a digital asset trading platform, registered in Cayman Island. With the key mission of “Your own Exchange, You can Trust”, HUAX is currently offering traders with the lowest transaction fees, a cutting-edge security system, and deep liquidity trades for digital assets, over-the-counter and […]

By illuminating final stage in money laundering process, BAE Systems report commissioned by SWIFT supports efforts by banks to prevent, detect and respond to cyber-attacks KUALA LUMPUR, MALAYSIA / MANILA, PHILIPPINES – Media OutReach – 3 September 2020 – SWIFT and BAE Systems Applied Intelligence today published ‘Follow the Money’, a new report that describes the complex web of money mules, front companies and cryptocurrencies that criminals use to siphon […]

Understanding the infrastructure behind cybercrime helps detect and stop operations   HONG KONG, CHINA – Media OutReach – September 2, 2020 – Trend Micro Incorporated (TYO: 4704; TSE: 4704), the leader in cloud security, today released research that states organizations’ on-premise and cloud-based servers are compromised, abused and rented out as part of a sophisticated criminal monetization lifecycle. The findings come from the second of a three-part […]

With day to day increasing Bitcoin value, more people tend to buy and invest in Bitcoins. In the US, Canada and other countries buying and selling Bitcoins are very famous and an easy process also. Initially, it was a big task in India, but later India also started to buy Bitcoin due to its profitable nature. This article discusses what a Bitcoin is, how to buy in […]

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AskTraders.com sees 40% of its users from KL, attracting more women users   KUALA LUMPUR, MALAYSIA – Media OutReach – 7 August, 2020 – One-stop trading information platform, AskTraders.com experienced a huge spike in interest in Malaysia following the implementation of the Movement Control Order in mid-March. Volumes on its site recorded an 80% increase in March this year, compared to a month earlier.   “We saw a huge spike in interest […]

SINGAPORE – Media OutReach – 27 July 2020 – The Philippine Bureau of the Treasury (BTr), together with Union Bank of the Philippines (UnionBank) and Philippine Digital Asset Exchange (PDAX), is the first in Asia to launch an app for the distribution of retail treasury bonds enabled by Distributed Ledger Technology (DLT).  Philippine National Treasurer Rosalia V. De Leon said, “The launch of Bonds.PH paves the way for all Filipinos, […]

MUNICH, GERMANY – EQS Newswire – July 23, 2020 – Binance, the global blockchain company behind the world’s largest digital asset exchange, and CM-Equity AG, a leading German investment firm providing asset management and brokerage services for crypto assets, today announced a strategic partnership to expand services for German and European customers. Through this partnership, crypto traders and investors in Germany and Europe are able to use […]

It seems to be becoming a more and more popular theory that cryptocurrency could be the answer to all of the difficulties in the online casino world. This would mean that the slow deposit methods, waiting three to five working days to receive any of your winnings, and having limits placed on how much you are allowed to deposit to play your favourite game online could all […]

Arabian Post Staff DMCC  announced its strategic partnership with CV VC and CV Labs, to launch Crypto Valley – the world’s largest ecosystem for cryptographic, blockchain and distributed ledger technologies – in Dubai. Designed to foster growth, collaboration and integrity across the global blockchain economy, the ‘DMCC Crypto Valley’ will offer a variety of services including incubation for early-stage start-ups, co-working facilities, innovation services for corporate clients, blockchain and […]

By Matein Khalid Goldman Sachs shares traded at 190 when I wrote this article, way below its 52 week high at 245 making it a Cinderella in global investment banking at only 8.5 times forward earnings. It is obvious that Goldman’s involvement in the $7 billion 1MDB sovereign wealth heist in Malaysia has led to global outrage, demands for a $6 billion in punitive fine by Prime […]

|By Raj Samani |As 2018 draws to a close, we should perhaps be grateful that the year has not been entirely dominated by ransomware, although the rise of the GandCrab and SamSam variants show that the threat remains active. Our predictions for 2019 move away from simply providing an assessment on the rise or fall of a particular threat, and instead focus on current rumblings we see […]

|By Arabian Post Staff| New York: Demby Coin, the world’s biggest ICO, has debuted at an investor conference in New York, eliciting keen interest from investors looking for alternative investment opportunities. Demby Coin, which will power the world’s first ever all-inclusive marketplace with the combined effect of the likes of Amazone and Ebay, seeks to bring the much-needed liquidity into the crypto currency ecosystem, by enabling purchases […]

|By Arabian Post Staff| After a landmark ruling in Germany last week that social media accounts can be inherited by a person’s beneficiaries, DIFC has announced that those who register inheritance Wills with the authority can include such assets in their Wills.  Lawyers and lawmakers around the globe have been grappling with the legal status of online assets, not just personal data on sites such as Facebook […]

|By Matein Khalid| Jamie Dimon, the unanointed king of Wall Street and chief executive of New York banking colossus J.P. Morgan did not mince his words. He called Bitcoin “a fraud”, a speculative bubble comparable to the Dutch tulip mania of the seventeenth century and declared he would fire any trader at his bank trading in the cryptocurrency “in a second” for “stupidity”. This has only reinforced the […]

Adylkuzz is believed to have infected more computers than WannaCry, using the same vulnerabilities Another large-scale, stealthy cyberattack is underway on a scale that could dwarf last week’s assault on computers worldwide, a global cybersecurity firm told AFP on Wednesday. The new attack targets the same vulnerabilities the WannaCry ransomware worm exploited but, rather than freeze files, uses the hundreds of thousands of computers believed to have […]

The Internet Society has been closely monitoring the ransomware cyber-attacks that have been occurring over the last couple of days. The malware, which has gone by multiple names, including WannaCry, WannaDecryptor, and WannaCrypt, exploits a flaw in Microsoft Windows that was first reportedly discovered by the National Security Agency (NSA). A group of hackers leaked the code for exploiting this vulnerability earlier this year, and a fix […]

Ransomware: Everything you ever wanted to know Hospitals across England and Scotland are being forced to postpone appointments and divert patients elsewhere because systems have been taken offline by a ransomware attack in an event NHS England has declared as a ‘major incident’. In a statement, NHS Digital, which runs IT systems for the health service, has confirmed that systems across the country have been brought down […]

This is screengrab taken from the website of the East and North Hertfordshire NHS trust as Britain’s National Health Service is investigating “an issue with IT” Friday May 12, 2017. Several British hospitals say they are having major computer problems Hospitals in London, northwest England and other parts of the country are reporting problems with their computer systems as the result of an apparent cyberattack,.(PA via AP) […]

By Costas Pitas and Carlos Ruano | LONDON/MADRID LONDON/MADRID A global cyberattack leveraging hacking tools widely believed by researchers to have been developed by the U.S. National Security Agency hit international shipper FedEx, disrupted Britain’s health system and infected computers in dozens of other countries on Friday. Russian cyber security software maker Kaspersky Lab said its researchers had observed more than 45,000 attacks in 74 countries as […]

Kuala Lumpur, 11 May 2017  The fifth edition of Islamic Financial Services Board’s (IFSB) annual Islamic Financial Services Industry Stability Report 2017 examines the implications of the recent economic developments and changes in the global regulatory and supervisory frameworks on the global Islamic financial services industry (IFSI). Amidst a challenging external environment brought on by the changing policy directions and uncertainties in the global economic landscape, institutions […]

Bitcoin is now up for 16 of the last 18 days, soaring over 50% in the last month and up almost 90% in 2017 – making its the year’s best performing currency. There appears to be no specitic catalyst for today’s move as the surge in Japanese interest (as we detailed here) and news that Russia is considering, like Japan just did, to allow cryptocurrencies as a […]

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Just in:
Dubai boat show confirms international shipyard line-up for November // Oil and chip shares retreat after Democratic victories // As AI Reshapes Education, Singapore Convenes Global Dialogue on the Future of Early Childhood Education // CR Longdation Aethereal Cybersecurity × Global Cybersecurity Alliance (GCSA) Join Hands to Establish the “AI and Cybersecurity Research Centre” // The “1st Greater Bay Area Health and Longevity Summit & Awards Ceremony” concludes successfully in Macao // Emirates Group records AED 4.1 billion half-year profit // OpenAI identifies 948 Linux privilege escalation flaws using AI // Anthropic to prohibit persistent abuse of Claude chatbot // Ta’ziz finalises $1.39bn funding for Ruwais industrial facilities // Asia Left Behind: Ten international companies have yet to report delivering on their cage-free egg pledges across the region // AI trust gap reveals distinct retail priorities: Divergent paths to consumer growth in Hong Kong and the GBA // Meraas showcases five residential zones at Dubai Design Week // Hong Kong mandates crypto transaction disclosures to tax authorities // Fast Just Got Fastest: STING Energy Boost™ Celebrates Kimi Antonelli’s Formula 1® World Championship and the Fan Energy Behind It // Cyberport Venture & Capital Forum 2026 Grand Opening // Utilities pursue ₹1,992 cr in unpaid bills // Vance attributes Republican midterm defeats to Iran conflict // SC to examine students’ exam plea today // e-Crime Bureau Signs Cybersecurity Partnership With Smart Africa, Reinforcing Its Global Expansion // Cloudflare unveils Zero Wire vulnerability intelligence service //