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DataLend: Securities Lending Revenue Down 16% Year-Over-Year to $2.53 Billion in Q2 2024
NEW YORK, July 3, 2024 /PRNewswire/ -- The global securities finance industry generated $2.53 billion in revenue for lenders in the second quarter of 2024, according to DataLend, the market data service of fintech EquiLend. The figure represents a 16% decrease from the $3.00 billion generated in Q2 2023. Global broker-to-broker activity, where broker-dealers lend and borrow securities from each other, generated an additional $696 million in... Read More
HTX Ventures Invests in RedStone Oracles to Expand Modular DeFi Infrastructure
SINGAPORE, July 2, 2024 /PRNewswire/ -- In support of a more efficient and user-friendly DeFi market, HTX Ventures, the global investment arm of the cryptocurrency exchange HTX, has announced a strategic investment in RedStone. RedStone is one of the fastest-growing modular oracles in 2024 that delivers diverse, high-frequency data feeds to EVM Layer1, Layer2, Rollup-as-a-Service networks, and beyond, including Starknet, Fuel Network, and TON.... Read More
HTHK Brings Sky-to-Earth Connectivity and Roam-like-Home Experiences
HONG KONG, July 2, 2024 /PRNewswire/ -- Hutchison Telecommunications (Hong Kong) Limited (HTHK) announced the launch of its direct-to-handset satellite communications value-added service (VAS) by the consumer brand "3" and the premium brand "SUPREME". Pre-registration began on 1 July. Compatible handsets or mobile devices are required to deploy the service. HTHK also launched the 5G Data Roam-like-Home monthly plans for three destinations,... Read More
HTX to Upgrade Broker Program Rules, Offering More Flexible Commission Model and Limited-time Benefits
SINGAPORE, July 2, 2024 /PRNewswire/ -- With the increasing chance of a rate cut in September and the spot cryptocurrency market entering a consolidation phase, the crypto space is setting the stage for the next eye-popping surprise. HTX, the giant cryptocurrency exchange, has announced the upgrade of its Broker Program rules in a timely manner, which will take effect from July 1, providing more flexible trading commission models for its... Read More
Yaber Projector T2 Shortlisted for the Future's Innovation Awards 2024
NEW YORK, July 2, 2024 /PRNewswire/ -- Yaber, a pioneer of entertainment projectors, is excited to share that its newest innovation, the Yaber Projector T2, has made the shortlist for the Innovation Awards 2024 presented by Future. Not long ago, the Yaber T2 projector was also named a finalist for this year's International Design Excellence Awards. This recognition underscores Yaber's commitment to delivering cutting-edge technology and... Read More
The Smart Thermostat Sector Heats Up With 67.2 Million Devices Shipped by 2030
LONDON, July 2, 2024 /PRNewswire/ -- The smart home market is growing steadily and transitioning from novelty implementations to mass adoption - new product ranges and professional subscription services are evolving to ease adoption and expand the consumer base to retrofit installations and new home developments. According to a new report from global technology intelligence firm ABI Research, smart home device shipments for energy management,... Read More
PolyU study reveals the mechanism of bio-inspired control of liquid flow, enlightening breakthroughs in fluid dynamics and nature-inspired materials technologies
HONG KONG, July 2, 2024 /PRNewswire/ -- The more we discover about the natural world, the more we find that nature is the greatest engineer. Past research believed that liquids can only be transported in fixed direction on species with specific liquid communication properties and cannot switch the transport direction. Recently, The Hong Kong Polytechnic University (PolyU) researchers have shown that an African plant controls water movement in... Read More
Bitget Protection Fund's Average Valuation Hits $429M in June 2024
VICTORIA, Seychelles, July 2, 2024 /PRNewswire/ -- Bitget, the leading cryptocurrency exchange and Web3 company, has released the updated valuation of its Protection Fund for June 2024. By significantly exceeding the company's commitment of $300 million, Bitget continues to flourish as one of the most trustworthy crypto exchanges. Since its launch in August 2022, the Protection Fund has been a cornerstone of Bitget's user-centric approach,... Read More
Angel Yeast Partners with ffit8 to Launch Nougat Protein Bar and Protein Nougat Snack
SHANGHAI, July 2, 2024 /PRNewswire/ -- Angel Yeast (SH600298), a global leader in yeast manufacturing, has teamed up with healthy food brand ffit8 to unveil two innovative products: the nougat protein bar and protein nougat snack. These new offerings, featuring Angel Yeast's protein, were introduced at the 2024 Food Beverage Innovation Forum (FBIF 2024) held from June 25 to 27 in Shanghai, China. FBIF 2024 is a premier F industry... Read More
Whiskey House of Kentucky Begins Production at Industry Transforming Distillery
ELIZABETHTOWN, Ky., July 2, 2024 /PRNewswire/ -- Whiskey House of Kentucky (Whiskey House), the newest and most advanced distillery in the United States, announced operations officially began yesterday, July 1, as initially projected. Located on a 176-acre campus in the T.J. Patterson Elizabethtown Hardin County Industrial Park, Whiskey House is the most sophisticated, technically advanced producer of custom bourbon, rye, and American whiskey... Read More
Beko achieves 44th place on TIME's inaugural list of the world's most sustainable companies
ISTANBUL, July 2, 2024 /PRNewswire/ -- Global household appliance manufacturer Beko has been recognized for its commitment to sustainability, securing the 44th spot on TIME Magazine and Statista's first-ever list of the World's Most Sustainable Companies. This ranking highlights Beko's dedication to eco-friendly practices and positions it as a leader in sustainable manufacturing. Read More
Montrose Environmental Group Releases 2023 Sustainability Report Executive Summary
LITTLE ROCK, Ark., July 2, 2024 /PRNewswire/ -- Montrose Environmental Group, Inc. ("Montrose" or "the Company") (NYSE: MEG), a high-growth global environmental solutions company, today released its 2023 Sustainability Report Executive Summary highlighting key accomplishments in the Company's sustainability journey and celebrating innovations creating impact across the globe. The 2023 Sustainability Report Executive Summary focuses on... Read More
Hisense Partners with Safe-Hub Berlin to Create Inclusive Watch Parties for UEFA EURO 2024™
QINGDAO, China, July 2, 2024 /PRNewswire/ -- Hisense, a global leader in consumer electronics and appliances, today announced a partnership with Safe-Hub Berlin, to unite a diverse community of young people through the power of football during the UEFA EURO 2024™. As an official partner of UEFA EURO 2024™, Hisense will support a series of 16 public viewings at Safe-Hub Berlin, where young fans will be able to watch the tournament in a safe and... Read More
Ripple and Bitrue Drive XRPL Community Growth
VICTORIA, Seychelles, July 2, 2024 /PRNewswire/ -- Ripple, developers of top 10 coin XRP, along with the leading cryptocurrency exchange Bitrue, have recently released a new promotional video highlighting the history of support that Bitrue has shown towards the XRPL community. This short video, filmed at Paris Blockchain Week in April of 2024, details Bitrue's involvement in the XRP ecosystem since its launch in 2018. The messaging is... Read More
Asia Responsible Enterprise Awards 2024 Spearheading Sustainable Development in Asia by Recognizing 81 ESG Champions
SINGAPORE, July 2, 2024 /PRNewswire/ -- The Asia Responsible Enterprise Awards (AREA) 2024 celebrated a cohort of 81 exemplary ESG champions dedicated to shaping a sustainable future for the region and beyond, setting new benchmarks for corporate responsibility. Presented by regional NGO Enterprise Asia, the AREA is widely regarded as the gold standard for ESG and sustainability practices across Asia. Beholding over 5,000 ESG programs for... Read More
CBME China 2024 is Almost Here: Join the World's Largest Children, Baby and Maternity Show
SHANGHAI, July 2, 2024 /PRNewswire/ -- Organized by Informa Markets, CBME China is the world's premier one-stop trade fair for children, baby, and maternity products and services. Having successfully hosted 22 events for more than 20 years, CBME China creates the perfect platform for professional buyers, manufacturers, distributors, suppliers, and business partners to share knowledge and create business opportunities. The event, which will be... Read More
NNG and Dacia Offer Drivers OSM-Based Maps for Navigation
BUDAPEST, Hungary, July 2, 2024 /PRNewswire/ -- NNG announced its partnership with Dacia to provide NNG Maps, an OpenStreetMap-based map solution, for Dacia vehicles. NNG Maps is a new, value-driven, and feature-rich community-sourced map solution that lets Dacia drivers benefit from frequent map updates, fresher map data, and richer content including greater road network coverage and more points of interest (POIs). Read More
Innovating Security: How FinVolution is Taking Next-Generation Technologies to Fight Deepfake-Driven Financial Crimes
SHANGHAI, July 2, 2024 /PRNewswire/ -- Deepfake technology, an artificial intelligence tool capable of generating convincingly fake audio and video, is increasingly being used to perpetrate financial crimes worldwide, raising serious concerns about sophisticated fraud. In a notable incident reported by CNN earlier this year, a finance worker was tricked into transferring $25 million during a video call with an individual posing as the... Read More
Saudi Arabia to host the first-ever International Conjoined Twins Conference on 24-25 November 2024: KSrelief
RIYADH, Saudi Arabia, July 2, 2024 /PRNewswire/ -- The United Nations has announced that 24 November 2024 will be 'World Conjoined Twins Day' and will be observed each year, to emphasize the need to address the condition of conjoined twins, advocate for their treatment and care, and promote their well-being and social inclusion. Since its inception in 1990, The Saudi Conjoined Twins Programme has become a leader in the field of conjoined... Read More
Treehouse Labs Unveils Brand Evolution and Strategic Expansion
SINGAPORE, July 2, 2024 /PRNewswire/ -- Treehouse, a digital assets firm providing infrastructure, data, and standards for everyday investors and professionals, is introducing Treehouse Labs as the new parent brand. Under this new structure, Treehouse will launch two subsidiary brands: TRHX for Professional Solutions and Treehouse for Decentralized Products. This strategic expansion and brand evolution aim to streamline Treehouse's growing... Read More
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