recovery

CLEO Welcomes former Binance NFT Director Ryan Horn as Global Partnerships Lead

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Time Stamp: April 16, 2024 5:59 AM - Modified On: April 16, 2024 - Published By:
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CLEO, a pioneering RWA (real world asset) technology platform leveraging Web3 to fuse real-world impact with digital asset utility and NFTs, proudly announces the addition of Ryan Horn to its team. As the former Binance NFT Director and a recognized leader in the realms of sports, entertainment, and brand crypto strategies, Ryan will serve as a key advisor and lead for global partnerships. Launched in 2023 with its Marketing for Good proposition (rewarding a prospect’s attention for a tokenized good in the world) and having already onboarded clients such as

Gome Fin Tech Announced Annual Results of 2023

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Time Stamp: April 1, 2024 1:18 PM - Modified On: April 1, 2024 - Published By:
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  Commercial Factoring Progresses Despite Stability Diversified Businesses Ready for Development HONG KONG, Mar 29, 2024 - (ACN Newswire) - Gome Finance Technology Co., Ltd.(Stock Code:628.HK,“Gome Fin Tech”or “the Company”,with its subsidiaries,the“Group”), announced its audited annual results for the year ended 31 December, 2023 (the “Reporting Period”). In 2023, the global geopolitical risks are frequent, the lack of economic recovery momentum and the widening trend of differentiation among countries are highlighted, and the risk spillover from European and US banks under the global high interest rate environment also casts a

Stablecoins Under Scrutiny

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Time Stamp: July 1, 2023 9:36 AM - Modified On: July 1, 2023 - Published By:
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Amidst the market’s recovery from the recent onslaught of SEC crackdowns, rumors swirl over the potential targeting of stablecoins in their crosshairs. Such a move could have profound implications for cryptocurrency prices, making it crucial to gauge the likelihood of this scenario and the approach regulators might adopt. The largest stablecoins by market cap are Tether’s USDT and Circle’s USDC. Both are pegged to the US dollar and backed by various assets, typically highly liquid instruments like US Treasury bills. In theory, when someone wants to buy stablecoins from an

Crypto Chaos

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Time Stamp: May 10, 2023 6:27 AM - Modified On: May 10, 2023 - Published By:
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Despite the second-largest bank failure in US history, the Federal Reserve continued its interest rate hike strategy last week. This caused markets to react by pricing in continued monetary tightening, pushing back their expectations of rate decreases to 2024. Some have perceived this move as necessary to combat inflation, even if it comes at the cost of breaking the banking sector. Unfortunately, this sober outlook suggests that the rest of the year may be marked by more sideways action in the markets rather than a steady recovery. Meanwhile, in the

GBA Business Confidence Index increment on record high

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Time Stamp: April 17, 2023 7:24 AM - Modified On: April 17, 2023 - Published By:
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Resumption of normal travel boosts business confidence HONG KONG, Apr 17, 2023 - (ACN Newswire) - Standard Chartered and the Hong Kong Trade Development Council (HKTDC) today released the GBA Business Confidence Index (GBAI) for the first quarter of 2023. The current performance for "business confidence" jumped 11.8 points to 51.3, which was also the first above-50 print since the fourth quarter of 2021. The expectations index leapt to 61.5, the 16.4 points jump was the biggest on record since GABI was launched in the second quarter of 2020. The

Paribus: All To Play For.

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Time Stamp: March 1, 2023 12:21 AM - Modified On: March 1, 2023 - Published By:
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All To Play For While many people in crypto, especially those on YouTube, focus on technical analysis to predict market trends, we prefer to zoom out and see the broader context. While charts can be helpful, much stronger headwinds often override them. This is especially true when it comes to the present geopolitical situation. Of all the lessons learned in 2022 the most valuable one is that although there are several risk factors inherent to the crypto market itself, it’s also vulnerable to more widespread market moves. Also, due to

The Final Stages

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Time Stamp: December 10, 2022 1:50 PM - Modified On: December 10, 2022 - Published By:
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When we set out on our journey to develop a new type of borrowing and lending platform we had no idea how many twists and turns lay ahead of us. To be sure, we understood the landscape of the crypto space and the technical and business issues involved in developing a project. But who would have predicted the incredible events we’ve seen in 2022? Even during the final month of the most eventful year in crypto, more surprises are revealed on a weekly basis. The latest twist is the allegation

Illumishare launches presale of its $SRG token, backed by 24/7 live-streamed gold in Abu-Dhabi

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Time Stamp: November 18, 2022 5:05 AM - Modified On: November 18, 2022 - Published By:
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[vc_row][vc_column][vc_column_text] Illumishare has partnered with The Private Office of His Highness Sheikh Mohamed Bin Ahmed Bin Hamdan Al Nahyan from the Abu Dhabi Royal Family and is commercially licensed by the Abu-Dhabi authorities [/vc_column_text][vc_images_carousel images="1786951,1786950,1786949" img_size="large"][vc_column_text] Dubai, UAE, November 2022 – Illumishare, a blockchain-based digital asset management ecosystem, announces the official presale of its Abu-Dhabi-licensed $SRG token, which will begin after its unveiling event in Dubai on November 22. The token is backed by 3 uncorrelated assets including gold, stored in a safe room at a bank in Abu-Dhabi and broadcast