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Pi Network is poised for a high-profile showing at TOKEN2049 in Singapore on 1–2 October, where co-founder Dr Chengdiao Fan will present the project’s vision amid concerns over price decline, token unlocks, and technological progress. As a Gold Sponsor of the event, Pi is seeking to use the platform to address major challenges to its growth and credibility.

Dr Fan’s speech is expected to centre on blockchain’s capacity for real-world societal utility, tackling Web3 obstacles such as governance, decentralisation, and adoption in under-served regions. The Pi Core Team says she will offer updates on how Pi plans to translate its mobile-mining community into meaningful applications and ecosystem engagement. The announcement confirms both the speaking engagement and the sponsorship role.

The project confronts several critical headwinds. The native token PI has lost substantial value in recent months, dropping from highs to levels around US$0.34, placing it near a psychological resistance zone. Market watchers note that upcoming token unlocks—scheduled for late September—may significantly increase supply, potentially weighing further on price. Liquidity concerns and limited exchange listings continue to cast doubt on how quickly Pi can scale beyond its existing user base.

Even so, community sentiment has perked up. Many Pioneers believe TOKEN2049 could act as a catalyst for a short-term breakout, with expectations of new roadmap disclosures, technological upgrades or partnerships. Some analysts caution that past events—such as previous conference appearances—have triggered spikes followed by sell-pressure, a pattern called “sell-the-news.”

Another issue for Pi Network is how it balances hype with substance. Technical progress, including support for Linux nodes, decentralized KYC procedures, and scalability upgrades, is viewed as crucial if the network is to build trust with developers, regulators and investors. On governance, Dr Fan’s academic background in social computing and anthropology has raised expectations that she will address how Pi plans to foster community-led consensus and trust.

A Delhi court barred several journalists and activists from publishing or circulating unverified, allegedly defamatory material about Adani Enterprises Ltd, also ordering the removal of existing posts within strict timeframes while safeguarding fair reporting—Adani Enterprises Secures Ex Parte Injunction Against Journalists, Activists.

A bench presided over by Senior Civil Judge Anuj Kumar Singh passed an ex parte interim order on Saturday, 6 September 2025, directing defendants—including Paranjoy Guha Thakurta, Ravi Nair, Abir Dasgupta, Ayaskanta Das, Ayush Joshi and certain organisations—to expunge allegedly defamatory material from their websites, articles and social media posts. If the removal by the authors proved infeasible, intermediaries were instructed to disable access within 36 hours pursuant to the Information Technology Rules. The order also restrained publication or dissemination of further unverified content until the next hearing on 9 October 2025.

The court accepted AEL’s submission that coordinated publications on platforms such as paranjoy. in, adaniwatch. org and adanifiles. com. au had inflicted serious reputational damage, financial losses to stakeholders and harm to India’s global brand equity, further alleging alignment with “anti-India interests” that disrupted critical infrastructure and energy projects, including Australian operations. Citing the Hindenburg Research report of 2023, which had alleged massive stock manipulation and accounting fraud causing a collapse in market value, AEL argued the repeated references by defendants exacerbated investor anxiety and project delays.

Judge Singh ruled the plaintiff had satisfied the conventional three-part test for interim relief—presenting a prima facie case, showing balance of convenience in its favour and establishing risk of irreparable harm. At the same time, he acknowledged constitutional free-speech guarantees, declining to impose a blanket ban on fair, verified, and substantiated reporting, thus maintaining space for responsible journalism.

AEL’s counsel, Advocate Vijay Aggarwal, emphasised that unrestrained publication of malicious allegations risked undermining investor confidence, delaying infrastructure timelines, and tarnishing both the firm’s and the nation’s image. The court responded by allowing AEL to flag further problematic links for takedown, while intermediaries such as Google, YouTube and X were enjoined to act swiftly on notifications.

The order, codenamed CS SCJ 1066/2025, also stipulates procedural directives for service of summons via post, email and WhatsApp, with the next hearing scheduled for 9 October 2025.

DAKAR — Senegal now anticipates production from the Sangomar offshore oil field to reach 34.5 million barrels in 2025, up from an earlier projection of 30.53 million, the energy ministry announced. The upgraded outlook reflects stronger-than-expected performance through August, with more than 24 million barrels already produced. Senegal elevates Sangomar output forecast for 2025 marks a significant upward adjustment for the project’s full-year trajectory. Following the start […]

As the morning light kisses the glazed curtain wall of the Burj Khalifa over the Persian Gulf, and the evening breeze of Doha whispers against the dome of the Museum of Islamic Art, a practice team named “Weihai Yangxing” from Weiyang College of Tsinghua University is measuring the lands of the Middle East with their footsteps and building bridges of cooperation through dialogue. From August 14 to 24, […]

Only global newswire to provide guaranteed news postings with Mediacorp and SPH Media SINGAPORE – Media OutReach Newswire – 8 September 2025 – Media OutReach Newswire, Asia Pacific’s first global newswire, has further cemented its reputation as the leading newswire for Singapore and Southeast Asia, with guaranteed news posting partnerships with Mediacorp and SPH Media, Singapore’s two leading media companies. Dedicated page on CNA for Media OutReach […]

Central bankers rarely admit defeat. But Jerome Powell’s latest remarks left little doubt: the Federal Reserve now sees the labour market faltering before inflation is fully tamed. This shift in focus – from bringing down prices to protecting jobs – marks a profound change in the policy backdrop. For investors, it is a wake-up call. For two years, the dominant story was inflation. Central banks tightened aggressively […]

Paramount Skydance has sealed an agreement with Activision Blizzard to develop, produce and distribute a live‑action film based on the blockbuster Call of Duty video game franchise. That deal places the studio squarely behind one of the most lucrative and enduring gaming series, with both companies underscoring their determination to preserve its signature narrative intensity and visual style. Under the arrangement, Paramount will lead all aspects of filmmaking—from scripting […]

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A looming technical hurdle has landed Bitcoin in precarious territory as veteran trader Peter Brandt cautions that the asset must reclaim the $117,570 level to avoid triggering a bearish reversal known as a double‑top formation. This warning comes amid growing supply pressure and heightened selling activity, marking a defining moment for market direction.

Bitcoin is grappling with the aftermath of a substantial sell‑off, attributed to a major “whale” sale of 24,000 BTC—worth an estimated $2.7 billion—which has intensified caution among traders. Brandt emphasised that such sizable supply events cannot be overlooked, stressing that market tops are often formed through supply or distribution.

Market observers note that Bitcoin’s price now hovers in a seven‑week double‑top pattern, a configuration often associated with impending declines if price resistance remains unbroken. Brandt maintains a strictly neutral stance, drawing attention to the chart’s technical signals rather than issuing a directional forecast.

On‑chain metrics compound the caution. The Taker Buy/Sell Ratio, a measure of buying and selling pressure, has fallen to its lowest point since May 2018—a worrying sign of sustained selling momentum. In addition, Bitcoin’s ability to reclaim $117,570 will play a pivotal role in determining whether bullish momentum holds or falters.

Yet, institutional backing offers a counterbalance to technical concerns. Spot Bitcoin ETFs have attracted considerable institutional inflows, indicating that Bitcoin’s role within global finance continues to strengthen. JPMorgan has also highlighted that Bitcoin appears undervalued relative to gold, estimating that fair‑value models place it approximately $16,000 higher, around $126,000, supported by decreasing volatility and growing corporate treasury holdings.

Technical signals remain mixed. While the double‑top pattern persists as a warning, some analysts underscore Bitcoin’s resilience. Swissblock Technologies, for example, asserts that on‑chain indicators show no decisive bearish divergence, suggesting that the broader trend could still favour upward movement. Others, including Jacob King of WhaleWire, point to past double‑top patterns—such as those in 2017, 2019, and 2021—that preceded steep corrections, reinforcing the need for caution if support fails. Should Bitcoin break above the $117,570 threshold, some analysts suggest that $125,000 or beyond could become realistic targets.

Meanwhile, market activity has remained volatile. Bitcoin is trading in the range of approximately $109,000 to $112,000, with intraday swings reflecting persistent uncertainty. Traders are closely watching for shifts in momentum, knowing that a break above resistance could reignite bullish sentiment, while failure could deepen losses.

Amid these developments, the broader narrative treads between technical fragility and growing financial legitimacy. As Bitcoin straddles this crossroads, its next directional move may be shaped as much by whether it can muster the strength to surpass $117,570 as by the strength of institutional confidence and macroeconomic tailwinds.

Turkey’s sovereign wealth fund is pressing ahead with a planned sale of dollar‑denominated bonds on Wednesday after weighing a delay during a sharp stock‑market sell‑off triggered by a court decision affecting the main opposition party’s leadership. The Turkiye Wealth Fund is poised to issue both five‑year and ten‑year notes, guided initially at yields of approximately 7.625 per cent and 8.375 per cent, respectively. The decision to proceed […]

Greenlogue/AP SOHAR Port and Freezone has inked an agreement with MoonRock and the Danish firm PowerCon to install shore power infrastructure at its container terminal, enabling berthed vessels to plug into onshore electricity and switch off their auxiliary engines—cutting emissions, fuel use and noise pollution while enhancing efficiency. The ceremony took place during the Gulf Green Mobility Forum, with MoonRock as lead investor and PowerCon providing technical […]

Yunfeng Financial Group, a Hong Kong‑listed firm with ties to Alibaba’s Jack Ma, has acquired 10,000 ETH—valued at approximately $44 million—using its own cash reserves. The firm intends to list Ether as an investment on its balance sheet as part of a strategic shift towards blockchain-enabled finance.

Yunfeng’s move aligns with its broader blueprint unveiled in July, which sets Web3 technologies, real-world asset tokenisation and artificial intelligence at the heart of its expansion strategy. The company emphasises that including Ether among its strategic reserve assets supports tokenisation efforts and integrates its financial operations with Web3 infrastructure. The firm also plans to explore Ethereum’s uses in insurance services and decentralised finance applications, signalling ambitions beyond treasury diversification.

This step places Yunfeng alongside a growing list of publicly traded firms embracing Ether as a reserve asset. Notable peers include SharpLink Gaming, BitMine Immersion Technologies and Ether Machine, which collectively reflect a broader institutional enthusiasm for Ethereum amid increasing corporate treasury adoption. The trend echoes earlier Fortune 500 strategies for Bitcoin, with Ethereum emerging as a comparable asset in this evolving corporate playbook.

Ether’s market resilience underpins Yunfeng’s strategy. Despite subdued crypto market conditions, ETH continues to trade above the psychologically significant $4,000 threshold, noted by analysts as a key marker of investor confidence. Technical analysis by market watchers, including the chartist CryptoGoos, suggests ETH is maintaining an upward breakout trend from a falling wedge formation, with potential upside targets stretching to $6,000—driven by heightened institutional inflows.

Yunfeng’s approach signals a calculated embrace of digital assets that transcends short‑term speculation. By positioning Ethereum at the foundational level of its Web3 and AI strategy, the company is asserting the utility of the token within financial services, as well as its role as a long‑term reserve option. Ether holdings will offer an alternative to traditional fiat reliance while granting greater operational flexibility across emerging business lines.

JIAXING, CHINA – Media OutReach Newswire – 1 September 2025 – On the morning of August 26, at the Tide-Watching Resort Park in Yanguan Ancient City – also known as the “Tides and Music Resort” – a large number of participants gathered to play African drums as they welcomed the surging Qiantang River tide. The event successfully set a new Guinness World Record for the “Most People […]

First Abu Dhabi Bank, the UAE’s largest lender by assets, today instructed a consortium of global banks to coordinate a series of investor calls focused exclusively on environmental, social and governance fixed‑income opportunities. These discussions pave the way for the offering of a benchmark 5‑year, USD‑denominated, Regulation S low‑carbon energy bond, to be issued under FAB’s USD 20 billion Euro Medium Term Note programme. The institutions enlisted as joint lead managers and bookrunners […]

In Dubai, nobody’s impressed by a pair of trainers or a designer watch alone – here, your car does the talking. From Sheikh Zayed Road to Jumeirah Beach, the vehicle you roll in is your calling card, your vibe, your crown. And the beauty? You don’t need to break the bank to sit on the throne. With cheap 7 seater car rental Dubai, you can cruise the city […]

Sotheby’s will stage its first auction series in Abu Dhabi this December as part of a broader push by the emirate to emerge as an international hub for art and luxury. The event, named Abu Dhabi Collectors’ Week, is set to run from 2 to 5 December and promises to captivate collectors with offerings spanning fine jewellery, rare watches, collector cars and premium real estate. The drive behind […]

Bitcoin remains anchored just above the $113,000 mark and Ethereum hovers near $4,600, as markets digest fresh signals from the Federal Reserve and institutional interest.

Bitcoin has regained footing near $113,000 following a textbook flash crash over the weekend triggered by a whale’s sell‑off of 24,000 BTC, which sparked over $800 million in forced liquidations across crypto markets. Market behaviour since suggests cautious optimism, with support holding firm at around $110,000—analysts now eye this level as a critical foundation for recovery.

On chart terms, traders are watching a breakout above the $115,000 resistance zone. A sustained move beyond $115K could see Bitcoin rally toward $120,000, buoyed by renewed ETF inflows and reduced leverage. Conversely, failure to hold above $110,000 risks a slide toward $108,000 or even $105,000.

Ethereum stands out, gaining about 4 % to trade at approximately $4,589—just shy of its all‑time high—on robust demand and ETF inflows. Meanwhile, the broader crypto market cap has rebounded, edging closer to the $4 trillion mark as 90 of the top 100 coins turn green.

Federal Reserve developments continue to underpin sentiment. A dovish tone from Federal Reserve Chair Jerome Powell at the Jackson Hole symposium earlier this week spurred a surge, lifting Bitcoin to over $124,000—even as markets reeled from that upward spike and a swift correction. Powell’s comment that rate cuts could be on the table by next month reignited risk appetite, adding tailwind to cryptocurrencies and related equity names.

Amid the tumult, technical indicators signal mixed outlooks. Bitcoin’s MACD remains below neutral—suggesting recovery would require improving sentiment —while certain charts hint at a potential bull trap, as the latest price peak was not confirmed by a rise in RSI, pointing to possible fading buying momentum.

Institutional engagement stays strong, underlined by steady ETF inflows. On a single day, Bitcoin and Ethereum ETFs recorded inflows of $88.2 million and $455 million respectively—action that reinforces the plausibility of a rally toward $120,000 should momentum endure.

However, geopolitical and policy risks are never far off. Pressure on the Federal Reserve—particularly from U. S. political manoeuvres—could destabilise markets. Some analysts warn that if Bitcoin fails to reclaim the $111K–$112K zone, further decline toward $100K cannot be ruled out.

Trifecta Gaming has unveiled its KONG slot, slated for release on 31 August 2025, marking a bold expansion of its in-house portfolio. The title promises high-octane gameplay, incorporating multiple wild features and a massive max win of 100,000x—an armory of mechanics designed to elevate player engagement. At the heart of the new title is a 6‑reel setup that brings together a dynamic Jungle theme with advanced slot […]

Hackers are employing sophisticated phishing tactics to deploy a malware loader known as UpCrypter, granting them long-term control over Windows devices worldwide. Disguised as voicemails or purchase order messages, these phishing emails redirect recipients to highly personalised spoofed sites. Those who download the attachments are compromised through a multi-stage infection chain that ultimately installs powerful Remote Access Trojans. Fortinet’s FortiGuard Labs has tracked the campaign, observing how […]

NMC Healthcare, one of the United Arab Emirates’ foremost private healthcare providers, has turned to Snowflake’s AI Data Cloud platform to elevate its patient-care capabilities. The agreement empowers NMC to consolidate operational and clinical data from across its network of 70 facilities, enabling real-time, AI-powered analytics to enhance point‑of‑care decision‑making and patient experience.

Christopher Habib, Chief Strategy Officer at NMC Healthcare, has emphasised that Snowflake’s infrastructure equips teams to “act on insights in real time — whether that’s enhancing patient care and experience or optimising operations.” This development represents a significant stride in the organisation’s digital transformation and innovation trajectory.

Centralising data across numerous outlets lays the groundwork for scalable systems tailored to evolving regulatory, operational, and patient‑care demands. By deploying an AI‑ready platform, NMC intends to boost speed‑to‑insight and enrich its analytics capacity across the board.

Analysts note that real‑time analytics are increasingly pivotal in healthcare—particularly amid growing volumes of patient data and demand for timely interventions. Platforms like Snowflake support seamless integration of disparate data sources, enabling care teams to deliver personalised responses and predictive insights.

Beyond regional impact, Snowflake has cultivated a growing presence in Middle Eastern healthcare initiatives, positioning AI‑powered data platforms as strategic enablers of digital health advancement.

NMC’s embrace of Snowflake underscores a wider pivot among UAE healthcare providers towards data‑driven operations. Consolidated data empowers administrators to monitor performance across locations, refine resource allocation, and respond swiftly to patient needs.

Industry voices suggest that accessible 360‑degree patient profiles—enabled by secure, unified data platforms—enhance clinicians’ ability to anticipate complications, tailor treatments, and improve outcomes.

Operationally, the shift supports more efficient workflows. With instantaneous analytics, NMC can optimise scheduling, predict demand surges, and better manage inventory across its hospital network. This aligns with corporate growth strategy and innovation goals.

Centralising analytics also simplifies compliance. A unified platform helps ensure consistent data governance, audit capabilities, and adherence to evolving healthcare regulations focused on patient privacy and data security.

Although immediate rollout details remain undisclosed, the scale of NMC’s network suggests that implementation could significantly elevate operational agility. Snowflake’s cloud‑native design also offers flexibility—allowing future expansion and integration with emerging health‑tech tools.

NMC Healthcare’s strategic turn signals that Middle Eastern private health systems are entering a new era—where advanced data infrastructure not only supports clinical decisions, but also underpins broader organisational resilience.

Emerging trends suggest that demand for AI‑enabled, centralised data ecosystems will rise further, particularly as providers seek to standardise care quality and scalability across regions. NMC’s move may well serve as a model for other networks aiming to harmonise operations and elevate patient care through data intelligence.

Finance watchers may note that Snowflake, listed on NYSE under the ticker SNOW, continues to grow its market presence, backed in part by strategic partnerships like this one. The company’s capabilities align neatly with healthcare sector demands for secure, interoperable data solutions.

By Tajul Islam When Bangladesh’s students took to the streets last year, their demands were clear: dismantle the structures of fascism, restore democracy, and build a government that put the people before politics. Their movement culminated in a historic moment on August 8, when Nobel laureate and Grameen Bank founder Dr. Muhammad Yunus was sworn in as Chief Advisor to the interim government. The appointment followed the […]

Google Cloud has introduced the Google Cloud Universal Ledger, a Layer-1 blockchain platform tailored for financial institutions, now operating in a private testnet. Developed with Python-based smart contracts and designed for 24/7 capital markets operations, the platform aims to support tokenisation, payments, settlements and asset management at scale. It follows a pilot with the Chicago Mercantile Exchange, which completed integration testing in March, and signals broader plans […]

Arabian Post Staff -Dubai CASIO has unveiled a new initiative that brings together the world of high design and innovation in the watch industry, marking a collaboration with renowned designer NIGO®. This project celebrates the timeless resilience of the G-SHOCK brand, renowned for its shock-resistant technology and bold aesthetic. NIGO® has designed original characters that reflect the heritage of G-SHOCK, using four iconic models as the basis […]

By Nitya Chakraborty Prime Minister Narendra Modi will be facing his major test in diplomacy at the coming summit of the Shanghai Cooperation Organisation (SCO) to be held in Tianjin in China on August 31 and September 1 this year. The SCO meet will be hosted by Chinese President Xi Jinping and will be attended […]

The US government has secured a 10% stake in Intel, a move that has sparked significant debate within the business and investment community. This unprecedented acquisition, part of the Biden administration’s push to strengthen domestic semiconductor manufacturing, could reshape the company’s relationship with investors and international stakeholders. Intel executives have raised concerns, warning that this direct involvement by the government might lead to complications in global markets, […]

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