Source: Unsplash Payments online no longer evoke fear or uncertainty, as they are now a standard way of exchanging money for various goods and services. We shop online, book tickets, make reservations, and pay for all of it from our bank accounts, using our credit cards. Such activities are easy to track and controlled by banks. The majority of people don’t care about that fact, but there […]
Life insurer acquires stake in Merchantrade Asia Sdn Bhd, fortifies collaboration PETALING JAYA, MALAYSIA – Media OutReach – 22 November 2021 – MCIS Insurance Berhad (MCIS Life) has taken up a 4.99% stake in Merchantrade Asia Sdn Bhd, the leading e-money player and the country’s largest Money Services Business operator, through the acquisition of new ordinary shares of an undisclosed amount. The two companies kicked-off a marketing distribution arrangement in 2019 where […]
DENVER, US – News Direct – 19 November 2021 – 1,000 surveyed tech leaders say distributed work increases productivity and diversity Most remote talent to remain untethered to an office post-pandemic Tech leaders desire to increase remote work for themselves 72% utilize a distributed workforce but face hurdles to expand it Remote and distributed workforces are here to stay due to the mutual benefits to both businesses […]
BUENOS AIRES, ARGENTINA – Media OutReach – 17 November 2021 – Bybit, one of the fastest growing cryptocurrency exchanges with operations around the world, is the new global main sponsor of the Argentina national football teams, including the men’s international football side captained by Lionel Messi. Through this two-years agreement, Bybit’s brand will have maximum visibility in all Argentine Football Associations (AFA) assets, and its logo will be present in […]
SINGAPORE – Media OutReach – 15 November 2021 – On November 15, the 2021 Milken Institute Asia Summit kicked off at Marina Bay Sands in Singapore. TRON founder Justin Sun has been invited to attend this event and will join in the discussion of “Crypto’s Continuing Chronicles”, one of the summit’s major sessions. The Milken Institute Asia Summit, hosted by the U.S.-based non-profit think tank Milken Institute, is now in its […]
Highlights of FY21/22 Half-Year Results Group sales US$1,674 million – up 26% compared to first half of the prior year. Excluding the effects of foreign currency movements and an acquisition, sales increased by 21% Gross profit US$357 million or 21.3% of sales (compared to US$300 million or 22.5% of sales in first half of the prior year) Adjusted EBITA US$138 million (compared to US$135 million in first […]
Erdogan Becoming a Liability for Turkey By Manish Rai Last month Turkey made it into the grey list of the Financial Action Task Force (FATF), the global money laundering and terrorist financing watchdog headquartered in Paris. Turkey now joins its close ally Pakistan in FATF’s crosshairs. Surprisingly Turkey becomes the largest economy to be included in this list. The FATF listing for Ankara comes on the back of […]
The price of Bitcoin hit a new all-time high of $68,514.26 during Asian trading hours as the bull trend that seemingly started at the beginning of October continues. In total, the market has added over $1 trillion in value in just a month. The total market capitalization of all cryptocurrencies is approaching the $3 trillion mark thanks to gains made by both BTC and several altcoins. Bitcoin […]
Mastercard is preparing to announce that any of the thousands of banks and millions of merchants on its payments network can soon integrate crypto into their products, CNBC has reported. That includes bitcoin wallets, credit and debit cards that earn rewards in crypto and enable digital assets to be spent, and loyalty programs where airline or hotel points can be converted into bitcoin. To do so, the […]
Arabian Post Staff An international cryptocurrency trading scam targeting iPhone users through popular dating apps, such as Bumble and Tinder has been unearthed. A report detailing the latest findings, “CryptoRom Fake iOS Cryptocurrency Apps Hit US, European Victims For At Least $1.4 Million,” shows that the operation has escalated. The attackers have expanded from targeting people in Asia to include people in the U.S. and Europe. Sophos […]
Matein Khalid I have been a consistent bear on the Turkish lira from the time President Erdogan, a political populist and former soccer player, decided that he was a better monetary economist than the four central bank governors in Ankara that he sacked in the past decade. I pleaded with my friends in Dubai/Pakistan not to bottom fish in the Turkish lira during the post coup meltdown […]
Matein Khalid In retrospect, the news that China had banned Bitcoin mining/trading in July and the subsequent sell-off to BTC in the early $30,000s was an ideal opportunity to accumulate the world’s most credible digital currency. Beijing fulmination against crypto is routine and BTC has always recovered from PRC inspired sell-offs. The euphoria now is mainly due to the fact that the SEC has agreed to the […]
SINGAPORE – Media OutReach – 21 October 2021 – MEXC Global has won the title of the best crypto exchange in Asia at the Crypto Expo Dubai 2021. The event featured some of the biggest brand names in the blockchain industry. MEXC was a proud gold partner for the event, which allowed top companies shaping the digital assets space to exhibit their various products and services. The expo offered a rare […]
SHENZHEN, CHINA – Media OutReach – 20 October 2021 – Recently, HambitPay, a crypo payment platform from Singapore, announced the launch of its global partnership program. Unlike coinbase, binance, etc., which initially centered on exchange business and only later derived payment business, HambitPay has been focusing on the research and development of crypto payment technology since its establishment, capitalising Singapore’s geographical advantages as an international financial center, and promoting a […]
SYDNEY, AUSTRALIA – Media OutReach – 19 October 2021 – KVB Global Capital Limited (hereinafter referred to as “KVB Global Capital”) is pleased to announce it now connects with Xero, the global small business platform. KVB Global Capital aims to simplify cross-border payment processes and comprehensively improve financial workflows for SMEs, combining the advantages of GCFX to further reduce the costs of engaging in global business. With the rapid changes in […]
Arabian Post Staff The first bitcoin futures ETF will begin trading this week, marking a milestone in the development of crypto industry. The futures product has been approved by the Securities and Exchange Commission. The debut will be with ProShares, a filing from the company indicated. This means the exchange will allow investors to trade the funds as allowed under federal law without SEC intervention. The ProShares Bitcoin […]
LONDON, UK – Media OutReach – 18 October 2021 – MES (abbreviation for METAVERSE EMPIRE) is jointly initiated by a group of blockchain geeks and senior game enthusiasts from the UK and Canada. Based on the Binance Smart Chain to build two tokens, MES and MEF, combined with the new gameplay of NFT and Metaverse exchanges. The platform currency MES is used as the value carrier to anchor virtual scene […]
HONG KONG SAR – Media OutReach – 15 October 2021 – Today, IX Asia Indexes Company Limited announced the 3rd quarter review of the ixCrypto Index (“IXCI”). This is the first crypto benchmark index launched in Hong Kong. According to the Constituents Enhancement Rule, there are two constituents’ additions and deletions. The number of the constituent cryptos will stay at 11 after the changes. The changes are as […]
The last two years have been a time of great changes, both in the lives of many people and in business. Owing to the pandemic-related restrictions, some companies suffered losses, while others, on the contrary, found new opportunities for growth and development amid the financial crisis. One may say that the years 2020 and 2021 were quite revealing in many ways. The international marketing company Evorich was […]
KUALA LUMPUR, MALAYSIA – Media OutReach – 14 October 2021 -There is hardly anyone left who is not familiar with the bitcoin bull market. A few but dramatic corrections made this historic run more exciting. Blockchain technology is here to stay. And the way legacy institutions and governments react will determine the future of finance. The global broker OctaFX prepared an expert article exploring whether peaceful co-existence might be […]
Bakkt, a digital asset marketplace that enables consumers to buy, sell, send and spend digital assets, has announced a partnership with Google to extend the reach and usability of digital assets to meet rapidly evolving consumer demand and preferences. Bakkt users will be able to add their virtual Bakkt® Visa® Debit Card into Google Pay to purchase everyday goods and services online, in-store, or wherever Google Pay is accepted. […]
K Raveendran Big financial institutions recognize the superiority of blockchain technology, but are intimidated by the prospects of bitcoin replacing them, so they will try to censor, control and manipulate it before ultimately they will be forced to accommodate it on public demand, says Grigory Rybalchenko, founder and CEO of Emirex, an exchange and a marketplace for digital assets and cryptocurrencies. Gregory will be among the top […]
SINGAPORE – Media OutReach – 8 October 2021 – Cricketer Dinesh Karthik’s last-ball six in the 2018 India-Bangladesh match, the move that won India the Nidahas Trophy that year, is one of recent sporting history’s most iconic moments. This thrilling event has been captured in the form of India’s first ever sports NFT (non-fungible token), through a partnership with squash player Saurav Ghosal. Entitled “Six For The Win”, the digital […]
U.S. Bank, the fifth-largest retail bank in America, has announced its cryptocurrency custody service is now available to fund managers. The offering will help investment managers store private keys for bitcoin, bitcoin cash, and litecoin with assistance from NYDIG. According to Gunjan Kedia, vice-chair of the bank’s wealth management and investment services division, support for other cryptoassets like ethereum is expected over time. The move sees U.S. […]
