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In a move that has sent ripples through the cryptocurrency world, the German government recently transferred a significant amount of Bitcoin to various locations. On July 4th, blockchain security firm PeckShieldAlert identified a substantial outbound transaction of over 3, 000 Bitcoin, valued at roughly $172 million, from a digital wallet linked to the German Federal Criminal Police Office (BKA). The transferred Bitcoin was divided and sent to […]

The Abu Dhabi National Oil Company (ADNOC) announced a substantial reduction in its greenhouse gas emissions in 2023. According to their latest Sustainability Report, the company achieved a net decrease of 6. 2 million tonnes of carbon dioxide equivalent (CO2e) in its scope 1 (direct emissions) and scope 2 (indirect emissions) categories. This progress signifies a significant step forward in ADNOC’s commitment to achieving net-zero emissions by […]

The Sharjah Book Authority (SBA) solidified its position as a bridge between cultures at the recent American Library Association (ALA) Annual Conference & Exhibition. As the sole representative of the Arab world at the event, the SBA delegation actively participated in discussions and fostered partnerships aimed at strengthening libraries on a global scale. Ahmed bin Rakkad Al Ameri, CEO of SBA, led the delegation’s efforts. He met […]

Swiss privacy giant ProtonVPN has made its free Android service even more accessible by eliminating the mandatory account creation for users. This move simplifies the process of securing your mobile internet connection without compromising on core functionalities like data privacy and encryption. Previously, users needed to register for a free ProtonVPN account to utilize the service. Now, anyone with an Android device can download the app and […]

MANILA, PHILIPPINES – Media OutReach Newswire – 5 July 2024 – Salmon, a company committed to improving access to credit, savings, and investments for over 500 million underserved customers in Southeast Asia, has been awarded the prestigious 2024 Asian Banking and Finance (ABF) Fintech Start-Up Award – Philippines. The ceremony took place on July 4, 2024, at the Marina Bay Sands Expo and Convention Centre in Singapore, […]

The cryptocurrency realm witnessed a dramatic surge in theft during the first half of 2024, with stolen digital assets exceeding $1. 38 billion according to a report by blockchain research firm TRM Labs. This figure marks a staggering increase compared to the same period in 2023, where crypto hacks yielded roughly $657 million. Researchers attribute this troubling trend to two key factors:a rise in the value of […]

KuCoin, a Seychelles-registered cryptocurrency exchange, announced the implementation of a 7. 5% Value Added Tax (VAT) on transaction fees for users in Nigeria. The new policy, effective July 8th, 2024, has generated mixed reactions from the Nigerian crypto community. KuCoin claims the VAT implementation complies with an unspecified “regulatory update. ” However, some observers speculate the move is strategically timed to improve KuCoin’s standing with Nigerian authorities. […]

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KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 5 July 2024 – Trading in the global markets, especially Forex, is sometimes perceived as a game of luck by those who don’t know much about finance. However, professional traders regard it as a blend of science and self-discipline, driven by principles and insights often overlooked by amateurs. Here are some of the key secrets that professional traders leverage […]

TAIPEI, TAIWAN – Media OutReach Newswire – 5 July 2024 – Jensen Huang, the CEO of NVIDIA, recently visited Taiwan, setting off what local media have dubbed “Jensanity.”This surge of enthusiasm coincided with his keynote address on the eve of the much-anticipated COMPUTEX 2024. TVBS, a leader in technology media, captured this momentous event, partnering with Huang to broadcast his speech exclusively. The event’s coverage on TVBS’s […]

Step into July and Glow Up with iShopChangi, where beauty meets wellness in a burst of exclusive offers. Throughout July, score deals on premium beauty and wellness products at up to 60% off and get your hands on special Gift-with-Purchase promotions. Fancy an escape? Don’t miss out on the chance to win a Bali Wellness Retreat for a shot at ultimate relaxation. Whether you’re pampering yourself or […]

The Abu Dhabi Waste Management Centre, Tadweer Group, has announced the formation of four new subsidiaries dedicated to revolutionizing waste management practices in the emirate. This strategic move underscores Tadweer’s unwavering commitment to transforming waste into a valuable resource stream. The newly established subsidiaries – Tadweer Environmental Services and Solutions, Tajmee’e, UpCycle, and Tahweel – will each play a distinct role in driving innovation across the waste […]

The US Marshals Service (USMS), a federal agency responsible for asset forfeiture under the Department of Justice (DOJ), has selected cryptocurrency exchange Coinbase to manage and dispose of seized digital assets. This collaboration, valued at over $32 million, signifies a growing embrace of cryptocurrency by the US government and highlights the need for secure handling of confiscated digital holdings. Coinbase Prime, the platform’s institutional arm, will assume […]

Cisco signed a Memorandum of Understanding (MOU) with Singapore’s HTX (Home Team Science and Technology Agency). Both parties will collaborate in the research and development of 5G and AI technologies to digitally transform public safety, security and network operations in Singapore. SINGAPORE – Media OutReach Newswire – 5 July 2024 – Cisco, the worldwide leader in networking and security, and HTX (Home Team Science and Technology Agency) […]

A new study suggests that artificial intelligence may be on the verge of usurping human dominance in the realm of humor. Researchers at the University of Southern California (USC) found that ChatGPT, a large language model chatbot developed by OpenAI, could generate jokes that were funnier than those written by humans. The study, published in the journal PLOS ONE, involved two separate experiments. In the first, participants […]

While Bitcoin continues to dominate headlines and capture the imagination of some investors, a new report suggests Canadians are taking a wait-and-see approach to cryptocurrencies, preferring the familiarity of physical cash. The Cointelegraph report, citing a recent study from the Canadian Imperial Bank of Commerce (CIBC), revealed that a whopping 82% of Canadians surveyed still rely on cash for everyday transactions. The study, which polled over 1, […]

HONG KONG SAR – Media OutReach Newswire – 5 July 2024 – Today, IX Asia Indexes announced the 1st Half 2024 Review of the IX Digital Asset Industry Classification System (“DAICS®“), aiming to provide the professionals worldwide with a transparent and standardized classification scheme to determine sector and exposure of particular digital assets. DAICS® classifies digital assets into 2 main categories: a) Cryptocurrencies and b) Asset Backed […]

The Saudi Arabian private sector is experiencing a surge in entrepreneurial activity, with business registrations witnessing a staggering 78% increase compared to the same period last year. This data, released by the Saudi Ministry of Commerce, reflects a thriving commercial landscape and a growing appetite for business ownership in the Kingdom. The second quarter of 2024 saw a significant rise in official business identification cards issued, reaching […]

A recent study by LinkedIn paints a fascinating picture of Generation Z’s environmental aspirations. The data reveals a strong desire among young professionals to pursue careers that contribute to a greener future. However, a significant skills gap threatens to hinder this ambition. The study found that nearly 60% of Gen Z respondents in the United Arab Emirates, a region undergoing significant green initiatives, expressed interest in transitioning […]

PARIS, FRANCE – Newsaktuell – 4 July 2024 – As many candidates for the French National Assembly scramble to thwart a right-wing election victory, global governance researchers have released a new report detailing how the core issues plaguing France have been decades in the making. What majority in the French parliament will President Macron – seen here talking to supporters after casting his vote in Le Touquet […]

Two Named in Future Tech 100, Driving AI application and Global Opportunities HONG KONG SAR – Media OutReach Newswire – 4 July 2024 – The “2024 World Artificial Intelligence Conference” (WAIC 2024) kicked off today at the Shanghai World Expo Exhibition and Convention Centre. Cyberport participated in the mega event for the second consecutive year, leading eight start-ups to showcase a diverse range of AI-driven solutions, spanning […]

SINGAPORE – Media OutReach Newswire – 1 July 2024 – Reinforcing Allianz Asia Pacific’s steadfast commitment to gender equality, inclusion, and diversity, the official launch of #SHEsecures took place on Tuesday, 25 June 2024. #Shesecures – Group Photo This initiative aims to create an inclusive and collaborative work environment, addressing the unique challenges faced by women in the highly competitive and complex field of insurance distribution. Allianz […]

BANGKOK, THAILAND – Media OutReach Newswire – 4 July 2024 – Get ready to embark on an extraordinary journey with the ONESIAM Tourist Grand Giveaway, a spectacular campaign designed to delight international tourists visiting Bangkok this summer. Running from July 1 to September 30, 2024, this grand giveaway is set to deliver unparalleled experiences and fantastic prizes. Whether you’re exploring Bangkok’s vibrant culture or indulging in world-class […]

The energy sector is poised for a significant technological leap as the Abu Dhabi National Oil Company (ADNOC) and e&, a UAE-based tech and telecom group, announced a groundbreaking partnership to develop the industry’s largest private 5G network. Spanning an impressive 11, 000 square kilometers, this high-bandwidth connectivity solution will revolutionize ADNOC’s operations across both onshore and offshore facilities. This strategic collaboration marks a significant milestone in […]

Dyloch, a participant in the CEO 2024 fighting game championships, might have wished for a more economical celebration after his Mortal Kombat 1 tournament win. After securing the final blow against his opponent, Rewind, Dyloch’s elation got the better of him. In a moment of exuberance, he flung his chair off the stage, inadvertently turning his victory lap into a costly one. The unfortunate target of his […]

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