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SINGAPORE – Media OutReach Newswire – 9 May 2024 – UXLINK, the leading social infrastructure platform, and Binance Web3 Wallet, the top-tier cryptocurrency wallet, are thrilled to announce their collaborative marketing campaign aimed at accelerating growth within Web3. This initiative rewards participants with 20,000,000 UXUY points, through the innovative UXLINK Social Protocol. In today’s rapidly evolving Web3 landscape, fostering social interactions and community engagement has become increasingly […]

Binance, the world’s largest cryptocurrency exchange, is facing renewed scrutiny over its commitment to curbing market manipulation on its platform. The accusations stem from a high-profile client, Deutsche Wirtschaftsförderungsgesellschaft (DWF), a German investment firm, reportedly engaging in suspicious trading activity that Binance allegedly failed to address. This incident comes despite Binance’s repeated assurances of prioritizing platform security and fair market practices. The exchange has invested heavily in […]

To help Hong Kong move towards a Smart City HONG KONG SAR – Media OutReach Newswire – 9 May 2024 – eft Payments (Asia) Limited (“eftPay”), one of the leading e-Payment services providers in Hong Kong, participates in Retail Asia Expo 2024, a grand retail industry event in APAC region. Kicking off on May 8, the Expo takes place at the Hong Kong Convention and Exhibition Center […]

The European Union (EU) is contemplating a significant shift in its approach to cryptocurrencies by potentially allowing them into UCITS (Undertakings for Collective Investment in Transferable Securities), a €12 trillion investment scheme. This move, if approved, could usher in a new era for crypto adoption in Europe, granting it mainstream legitimacy and wider investor access. UCITS funds are a dominant force in European asset management, offering a […]

Singapore-based cryptocurrency trading platform QCP Capital has secured a significant step towards expanding its operations in the Middle East after receiving in-principle approval from the Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM). This approval allows QCP Capital to conduct regulated crypto activities within the ADGM free zone, positioning the firm as a pioneer for Singaporean crypto market makers in the region. The […]

Matein Khalid One thing is certain. Both Donald Trump and Joe Biden are not happy campers now that the yield on the 10-year US T-note, the single security most sensitive to expectation of shifts in Fed monetary policy, has jumped above 5%. This means that the bond market expects no FOMC rate cut tonight and for Chairman Powell to reiterate his current “higher for longer” interest rate […]

Decentralized finance (DeFi) has emerged as a revolutionary force in the financial landscape, offering alternatives to traditional banking systems. But within this burgeoning ecosystem, a particularly high-risk, high-reward practice has captured the imagination of many investors:yield farming. Yield farming involves leveraging DeFi protocols to maximize returns on cryptocurrency holdings. It’s akin to supercharging a staking strategy, where investors earn passive income by locking up their crypto assets […]

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Bitpanda, a leading European cryptocurrency platform and the first Austrian unicorn company, has set its sights on the burgeoning crypto market in the United Arab Emirates (UAE) by launching Bitpanda MENA. This strategic move positions Bitpanda to capitalize on the region’s increasing demand for digital assets and establish itself as a key player in facilitating crypto trading for a new wave of investors. The UAE has emerged […]

European cryptocurrency platform Bitpanda, a leader in the field and Austria’s first unicorn company, announced its expansion into the Middle East with the launch of Bitpanda MENA. This move positions Bitpanda to capitalize on the burgeoning crypto market in the United Arab Emirates (UAE) and the wider region. The company aims to be a key player in facilitating the growth of cryptocurrency trading and bringing digital assets […]

A curious possibility has emerged in the cryptocurrency world. Despite China’s well-documented crackdown on cryptocurrencies, speculation is brewing that mainland investors might soon be able to access Hong Kong’s newly launched Bitcoin ETFs through the Stock Connect program. This potential shift comes on the heels of Hong Kong approving the first-ever spot Bitcoin and Ether ETFs in April. These ETFs, which track the price of the underlying […]

Sharjah has unveiled a significant archaeological discovery – a new collection of Marduf al-Qawasim coins. This marks the first public display of these coins, offering a tangible glimpse into the economic and political history of the Al Qasimi rulers. The Sharjah Archaeology Authority (SAA) announced the discovery, highlighting the historical importance of the coins. Made from copper, the Marduf al-Qawasim were the currency used during the reign […]

The notion surrounding the safety and prudence of holding large cash deposits as a long-term wealth strategy is being increasingly challenged. While cash offers immediate liquidity and a perceived sense of security, its passive nature and susceptibility to erosion over time pose significant drawbacks that can hinder wealth accumulation in the long run. One of the most palpable drawbacks of maintaining substantial cash reserves is the insidious […]

South Korea recently updated its Donation Act for the first time in nearly two decades, aiming to modernize the charitable giving landscape. However, the revisions excluded cryptocurrencies as a permissible donation method, a surprising move considering the country’s booming crypto industry and high adoption rate. The legislation, enacted in 2006, predated the rise of cryptocurrencies and digital payment methods. The revision reflects an effort to streamline the […]

Cryptocurrency platform Crypto.com is celebrating a landmark achievement, surpassing 100 million users globally. This impressive feat marks a doubling of their user base since May 2022, solidifying Crypto.com’s position as a major player in the ever-evolving cryptocurrency landscape. The company attributes this surge in popularity to a combination of strategic marketing campaigns and a focus on regulatory compliance. Crypto.com has actively pursued high-profile partnerships, including securing the […]

By K Raveendran Even as Prime Minister Narendra Modi raises the shrillness of his attack on Rahul Gandhi, aligning with a new phase of BJP’s identity politics, he is doing the Gandhi scion a great favour. Modi, on his part, seems to have settled the issue of the prime ministerial face of the opposition INDIA […]

The post Rahul Gandhi Gets A Morale Boosting Endorsement From A Most Unexpected Quarter first appeared on Latest India news, analysis and reports on IPA Newspack.

KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 3 May 2024 – Understanding the intricacies of the Japanese yen (JPY) is essential to excel in trading. It is recognisable by its symbol ¥ and holds immense importance in the Forex market as a major reserve currency due to its popularity in carry trades. Impressively, it ranks as the third most traded currency, following only the U.S. dollar […]

SINGAPORE – Media OutReach Newswire – 3 May 2024 – UPCX (UPC), a developer of open-source blockchain payment systems, has announced that it will be the main sponsor of Coinfest Asia, which will be held in Indonesia on August 22-23, 2024. The event is expected to attract a wide range of participants including entrepreneurs, investors, government officials, and media from around the world, providing attendees with a […]

Dutch authorities apprehended a man allegedly involved in the Zkasino scam,a crypto-based scheme that defrauded users of over $30 million.The arrest,which took place earlier this week,marks a significant development in the ongoing investigation into the high-profile heist. Zkasino,an online casino platform launched in 2022,promised users anonymity and provably fair games through utilization of the Zcash blockchain.However,concerns were raised in early 2023 when users reported being unable to […]

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 […]

BlackRock,the world’s largest asset manager,is anticipating a surge of interest in Bitcoin exchange-traded funds (ETFs) from major institutional investors.These institutions,which include sovereign wealth funds,pension funds,and endowments,manage trillions of dollars collectively and their entry into the cryptocurrency space could significantly impact the Bitcoin market. BlackRock has reportedly been actively educating these institutional clients about the intricacies of Bitcoin and the newly launched spot Bitcoin ETFs.Unlike traditional futures-based Bitcoin […]

NEW YORK, USA – Media OutReach Newswire – 30 April 2024 – Recently, the globally leading cryptocurrency exchange ZUHYX announced that its application for the MSB financial license submitted to the FinCEN of the US Department of the Treasury has been approved, officially granting ZUHYX the MSB financial license. This approval marks a significant milestone in the compliance operations of ZUHYX and a crucial step in realizing […]

SYDNEY, AUSTRALIA – Media OutReach Newswire – 1 May 2024 – AlphaX, a leading cryptocurrency exchange dedicated to shaping the future of trading, proudly announces its groundbreaking partnership with Formula 2 (F2) driver Enzo Fittipaldi. This collaboration marks an exciting convergence of high-speed racing and cutting-edge trading technology, aiming for the shared goal of Speed, Innovation, Winning the Future. Founded on transparency and innovation, AlphaX provides a […]

RIYADH, SAUDI ARABIA – Media OutReach Newswire – 29 April 2024 – Sahm, the all-in-one trading app licensed by the Saudi Arabian Capital Market Authority (CMA), is excited to announce its largest promotional campaign to date. Users who open an account during the event will receive lifelong commission-free trading for the Saudi Market and claim free Snapchat shares upon depositing a specified amount. Sahm launches massive promotional […]

North Korea’s notorious Lazarus Group is suspected of laundering hundreds of millions of dollars in cryptocurrency over the past four years, according to blockchain researcher ZachXBT. The report, published this week, alleges that the state-backed hacking group has funneled roughly $200 million worth of stolen crypto into traditional fiat currency. The Lazarus Group has been linked to a string of high-profile cyberattacks in recent years, including the […]

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