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Vitatoken offers crypto trading and cryptocurrency funds. They target to raise users’ probability of returns and lower the risk of cryptocurrency investment. HONG KONG SAR – Media OutReach – 13 April 2022 – Vitatoken is the world’s first-ever cryptocurrency fund trading platform. It is licensed in CAGAYAN ECONOMIC ZONE AUTHORITY (CEZA) under the legal entity of Dragon Empire Developments Limited on 6th September 2021, for fintech solutions […]

By Nantoo Banerjee Russian Foreign Minister Sergei Lavrov’s offer to India to consider a rupee-ruble mechanism to settle trade in goods between the two countries to avoid sanctions imposed by the US-led NATO comes at a time when the Indian economy is reeling under high prices of oil putting the country’s energy security at risk.  […]

The post India’s Energy Security Can Not Be Compromised first appeared on IPA Newspack.

SINGAPORE – Media OutReach – 11 April 2022 – Babel Finance announced that it had completed a two-year Market-to-Market Cross Cryptocurrency Swap worth $50 million in Bitcoin and Ethereum. Why is this transaction important to the global crypto market? This two-year transaction demonstrates that crypto can be a long term play and that the crypto ecosystem is becoming mature. There is a rising market demand for long-end […]

DUBAI, UNITED ARAB EMIRATES – Media OutReach – 8 April 2022 – Bybit, one of the world’s fastest growing cryptocurrency exchanges, announced the launch of leveraged token products on its spot exchange starting with two Bitcoin leveraged tokens, BTC3L and BTC3S. These leveraged tokens are short-term investment vehicles that let traders reap the benefits of leverage with no margin, collateral or liquidation risks. They have no margin […]

BlueArk Staking Pool Offers 45% APY for Investors Achieved a Record-breaking Total Staking Value of HK$100 million in 10 Days HONG KONG SAR – Media OutReach – 8 April 2022 – BlueArk (“BlueArk” or “the Company”) was officially launched on the 1st of September 2021. Its platform token, BRK, recorded a surge in market value of over 400% in 6 months since its listing. The BlueArk Concept […]

HONG KONG SAR – Media OutReach – 8 April 2022 – Today, IX Asia Indexes Company Limited announced the 1st quarter review of the ixCrypto Index (“IXCI”). This is the first crypto benchmark index launched in Hong Kong. The number of constituent cryptos will be increased from the current 11 to 19 constituents from effective date of the review, in light of decreasing dominance of Bitcoin and […]

By Anjan Roy The clawing back to the exchange rate of the Russian rouble to the US dollar in the recent  days is not too much of a mystery. It is simply because there is no demand for the US green back from the holders of the Russian rouble. Simply speaking, the Russians are not […]

The post The Mystery Behind Russian Rouble Reverting Back To Pre-Ukraine War Level first appeared on IPA Newspack.

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By K Raveendran The emergence of Sri Lanka as a template for the fallout of infrastructure development with Chinese funding will save thousands of diplomatic man-hours for India in checkmating the Chinese ‘String of Pearls’ agenda. New Delhi has tried to counter the Chinese Belt and Road Initiative with its own ‘Look East’ policy, but […]

The post Sri Lanka A Template Of Risks In Chinese Debt Trap Diplomacy first appeared on IPA Newspack.

HONG KONG SAR – Media OutReach – 6 April 2022 – EDNS Decentralized Domain today announces that its decentralized domain naming platform will go online on April 12th. The platform, the first of its kind built on the Polygon blockchain, aims to break boundaries of internet domain with on-chain decentralized domain technology, representing an important step towards upgrading user experience in the new era of Web3.0. To […]

DUBAI, UNITED ARAB EMIRATES – Media OutReach – 6 April 2022 – Bybit, one of the world’s fastest growing cryptocurrency exchanges, has completed its integration of MetaTrader 4 (MT4), the gold standard for forex (FX) and contract for differences (CFD) trading. Widely popular among retail traders, MT4 offers advanced technical analysis, a flexible trading system, and algorithmic trading tools. Developed by MetaQuotes, MT4’s functionalities on Bybit will […]

BANGKOK, THAILAND – Media OutReach – 5 April 2022 – Refinitiv, an LSEG business, has announced the winners of its FX Trading Awards 2022 for Thailand’s trading community. The FX Awards aim to promote transparency and liquidity in the Thailand foreign exchange market and to recognize its importance to the broader local economy. Award winners were determined based on trading activity on Refinitiv’s FX trading platforms. Refinitiv […]

By Nantoo Banerjee Prices are bubbling up. Food, fuel and fertiliser costs are surging almost daily. Inflation seems to have got a free pass in India. The country’s wholesale price index, which tracks goods at factory gates, rose almost 13 percent from a year earlier in January. The gauge has recorded double-digit increases for 10 […]

The post RBI Has Failed To Check Surging Inflation first appeared on IPA Newspack.

By Arun Kumar Shrivastav After an economic crisis, Sri Lanka has plunged into a political crisis now. On Monday morning, news reports said that the entire Sri Lankan Cabinet has resigned. There were also rumors that Prime Minister Mahinda Rajapaksa had resigned or would resign soon but his office denied the rumours. Another rumor that […]

The post Economic Crisis In Sri Lanka Turns Into A Major Political Imbroglio first appeared on IPA Newspack.

Arabian Post Staff Goldman Sachs indicated it will be offering investment vehicles  for Bitcoin and other crypto assets to clients of its private wealth management group. The bank aims to start offering investments in the emerging asset class in the second quarter of the year according to its recently named global head of digital assets for the private wealth management division, Mary Rich. The move would see […]

The Dubai Gold & Commodities Exchange (DGCX) recorded a monthly Average Open Interest (AOI) of 134,154 contracts during the month of March, and registered trading volume with a total value of USD 15.74 billion. In response to further inflation, policy decisions and continued geo-political conflict around the globe, there was a surge in demand for the DGCX’s G6 Currency Future Contracts during March, as it recorded a year-to-date (Y-T-D) growth […]

All ministers of the Sri Lankan cabinet have resigned in the wake of the mass agitation against the policies of President Gotabaya Rajapaksa and his brother prime minister Mahinda Rajapaksa. Protesters have been demanding the resignation of the Rajapaksa family as they defied a curfew to take to the streets in several cities. The country […]

The post Entire Lankan cabinet quits as protests refuse to abate first appeared on IPA Newspack.

By K Raveendran The proposed rupee-rouble trade for oil will be a key ingredient, along with Russian insistence on rouble payments from European gas customers, in Putin’s sanctions-busting programme. The Biden administration has obviously seen the implications of an India-Russia oil deal and it is no surprise, therefore, that Washington is trying to put pressure […]

The post Rupee-Rouble Oil Deal Could Be Key Plank Of Putin’s Sanctions-Busting first appeared on IPA Newspack.

By Demystifying the Market of NFT to Galvanize Individuals and Traditional Businesses with Extending Marketing Creativity HONG KONG SAR – Media OutReach – 2 April 2022 – In 2021, with the hefty popularity of burgeoning concepts such as blockchain and metaverse, Non-fungible Tokens (“NFTs”) have swept the global market and become the new favorite of avant-garde players in the digital asset universe. Thanks to its three distinctive […]

People in Sri Lankan capital Colombo, suffering for weeks under a terrible economic crisis, erupted in protest late this evening. More than 2000 people held a protest march in the Lankan capital near the President’s house demanding that he step down, and clashed with the police. The paramilitary police unit, a Special Task Force, had […]

The post Late-night protest near Lanka President’s home first appeared on IPA Newspack.

Arabian Post Staff The Financial Action Taskforce (FATF) has put the UAE on the gray list, which means there are deficiencies in the country’s corporate governance and regulatory regimes. The placement means that the country gets the opportunity to swiftly resolve gaps in the system to prevent money laundering and terrorist funding, among other things. The decision also entails increased FATF monitoring of UAE. The FATF action […]

HONG KONG SAR – Media OutReach – 31 March 2022 – In recent years, the emerging investment industry – cryptocurrencies such as Bitcoin, Ethereum, Dogecoin, etc., have become a new trend in the market. Entering 2022, Bitcoin has fallen rapidly within 10 days, with a single-day drop of 5%, which has caused many investors to worry. Although the investment risk of cryptocurrency is high, stable coins are […]

SINGAPORE – Media OutReach – 31 March 2022 – BingX, the leading crypto social trading platform, has introduced a new Spot Grid Copy Trading feature, offering unprecedented flexibility to users. As the name suggests, the system combines the benefits of Grid trading with that of Copy trading, using strategies from professional traders to earn money from crypto asset volatility. Grid trading is similar to providing liquidity on […]

By K Raveendran The currency stand-off in the global gas market, triggered by Russian president Vladimir Putin’s announcement that Russian gas will henceforth have to be paid in roubles instead of dollar and euro is keeping the market on tenterhooks. It has upset the calculations of all important stake holders, including India, which has been […]

The post Putin’s Gambit In Demanding Rouble Payments Takes Issues Beyond Pricing first appeared on IPA Newspack.

Trend Micro report warns of growing attack surface for CPU-mining HONG KONG SAR – Media OutReach – 30 March 2022 – Trend Micro Incorporated (TYO: 4704; TSE: 4704), a global cybersecurity leader, today announced a new report revealing a fierce, hour-by-hour battle for resources among malicious cryptocurrency mining groups. To read the “A Floating Battleground Navigating the Landscape of Cloud-Based Cryptocurrency Mining” report: https://www.trendmicro.com/vinfo/hk/security/news/cybercrime-and-digital-threats/probing-the-activities-of-cloud-based-cryptocurrency-mining-groups “Just a few […]

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