Celebrate Christmas with Exciting Games from Indonesian Developers

 

[Jakarta, 20 Desember 2024] – This Christmas season, gamers worldwide can dive into an array of innovative and entertaining games from talented Indonesian developers. Thanks to the support of the Ministry of Communications and Digital (Komdigi) Republic of Indonesia, through the Indonesia Game Developer Exchange (IGDX) program, these developers have had the opportunity to connect with publishers, business partners, investors, and other industry stakeholders.

Now, these amazing titles are ready to bring joy and adventure to your holidays!

A Festive Lineup of Games

Here are some of the featured games you can explore this Christmas:

1. Altravira Adventure – Embark on thrilling quests in a fantasy world.

2. Aquascapers – Build your dream aquarium and care for exotic fish.

3. Burkina Faso: Radical Insurgency – A gripping tactical strategy game.

4. Cat Legends: Idle RPG – A purr-fect idle RPG experience.

5. Cats and Seek: Dino Park – Discover prehistoric surprises.

6. Cats and Seek: Kyoto – Uncover secrets in the beautiful streets of Kyoto.

7. Cookard – Master the art of cooking in this fun simulation game.

8. Crazy Delivery Guy – A wacky, action-packed delivery adventure.

9. Dadoo – A relaxing and challenging puzzle game.

10. Furea Uerzt: Mars Code – Solve mysteries on the red planet.

11. Hell Blasters – Intense shooting action for thrill-seekers.

12. Lawan Gentar – A heroic battle against fearsome foes.

13. Legends of Crystal – Immerse yourself in a world of magic and crystals.

14. Matchmaker Agency – Create perfect matches in this unique simulation.

15. Memory Matrix: Test Your Memory – Sharpen your cognitive skills.

16. My Otaku Girlfriend – A lighthearted interactive romance game.

17. Nikahan Mantan (My Ex's Wedding) – Experience a mix of humor and drama.

18. Odd Sequence – Challenge your brain with unique puzzles.

19. Polisi Si Petarung – Play as a brave fighting officer.

20. Quiz Clash – Test your knowledge and compete with friends.

21. Solar Serpent Squadron – Fly high in this sci-fi adventure.

22. Warung Seblak Nusantara – Cook and serve Indonesian culinary delights.

23. Warung Angkringan Nusantara – Explore the world of traditional street food.

24. My Minimart Empire – Build and manage your own minimart.

25. The Anomalous Hour – Unravel the mysteries of time.

26. The Hiking Hawk – Explore breathtaking trails and nature.

27. Warnet Life 2 – Dive into the life of a bustling internet café owner.

28. Where is My Cat – Go on a heartfelt journey to find your feline friend.

29. Xelia Chronicles: Last Order – A captivating RPG with epic battles.

A Celebration of Local Talent

Through IGDX, Indonesian game developers have gained global exposure, enhancing their creative skills and building connections that empower them to share their unique stories and experiences through gaming.

"We are proud to see Indonesian developers creating such diverse and engaging games. This initiative demonstrates our commitment to supporting the creative economy and showcasing Indonesia’s talent on the global stage," said Boni Pudjianto, representative from the Ministry of Communications and Digital.

Play, Enjoy, and Support

Whether you’re into puzzles, RPGs, or simulations, there’s something for everyone in this exciting lineup. Celebrate the holidays with these games and support the amazing work of Indonesian developers.

For more information on these games and IGDX, visit www.igdx.id] or follow us on @igdx.id

Media Contact: Indonesia Game Developer Exchange (IGDX)

info@igdx.id

This Press Release has also been published on VRITIMES

UEM Edgenta’s Sukuk Programme Receives AAIS Rating Upgrade, Reflecting Financial Strength and Strategic Progress

UEM Edgenta Berhad (UEM Edgenta), a leading asset management and infrastructure solutions company in the region, has had its Islamic Medium-Term Notes (IMTN) under its RM1.0 billion Sukuk Murabahah Programme, with the outstanding Sukuk standing at RM250.0 million, upgraded to AAIS from AA-IS   by MARC Ratings Berhad (MARC Ratings) for the first time since the rating was first assigned in 2017. This upgrade highlights UEM Edgenta’s strong financial position, consistent business growth, and exceptional operational capabilities across its core segments, including Healthcare Support Services, Property and Facility Management, Infrastructure Services and Asset Consultancy.

In its announcement, MARC Ratings highlighted UEM Edgenta’s sustained ability to generate consistent cash flows, underpinned by its diversified revenue base and long-term contracts. For the first nine months of 2024 (9M2024), newly secured contracts continued to grow, reaching RM2.3 billion (2023: RM2.0 billion), with healthcare solutions contributing 80%. This includes RM900 million worth of contracts for Healthcare Support Services in Singapore, spanning a period of five (5) years. 

In infrastructure services, carried out by wholly-owned subsidiary Edgenta PROPEL Berhad, the group benefits from a long-term master maintenance services contract with Projek Lebuhraya Usahasama Berhad (PLUS) for highway maintenance. This contract ensures a stable income stream through 2038. Additionally, the group’s acquisition of a 60% equity stake in United Arab Emirates–based Kaizen Group, a property management company, for RM74.9 million in February 2024, further expands its property and facility solutions portfolio.

MARC Ratings highlighted the Company’s improved credit metrics and effective cost management initiatives, which have contributed to its enhanced risk profile and financial resilience. The rating agency also acknowledged prudent financial management, which has bolstered UEM Edgenta’s liquidity position and debt servicing capacity. For 9M2024, revenue increased by 7.6% y-o-y to RM2.2 billion and pre-tax profit rose by 5.1% to RM65.6 million. Operating margins have remained at around 3%, and the group is undertaking initiatives to strengthen the profitability margin by streamlining operations and leveraging technology to enhance efficiency. The margin improvements are expected to allay concerns over the impact from the minimum monthly wage revision to RM1,700 from RM1,500 effective February 2025.

Commenting on the rating upgrade, Syahrunizam Samsudin, Managing Director/Chief Executive Officer of UEM Edgenta, said: “This recognition by MARC Ratings highlights the strength of our strategic direction and unwavering commitment to delivering value to our stakeholders. The AAIS rating reflects UEM Edgenta’s robust financial standing and superior ability to meet its financial obligations, reinforcing our reputation as a trusted leader in the asset management and infrastructure solutions sector. It is a testament to the confidence our clients and partners place in us. Moving forward, we will continue to harness our expertise to drive sustainable growth and deliver impactful, innovative solutions across the markets we serve.”

UEM Edgenta’s RM1.0 billion Sukuk Murabahah Programme has been a cornerstone in supporting its strategic growth initiatives, including investments in technology-driven innovations and sustainability-focused projects. This latest rating upgrade enhances the programme’s appeal, positioning it as an attractive opportunity for investors seeking stable, high-quality investments.

For further information on UEM Edgenta, log on to https://www.uemedgenta.com.

About UEM EDGENTA BERHAD

About UEM Edgenta Berhad

UEM Edgenta (www.uemedgenta.com) is a leading Asset Management and Infrastructure Solutions company in the region and is a subsidiary of the UEM Group. Listed on the Main Market of Bursa Malaysia Securities Berhad (KLSE: EDGENTA), our expertise covers Healthcare Support and Property & Facility Solutions, and Infrastructure Services covering Expressways and Rail, including project management & engineering design capabilities via our Opus Consultants business arm.

Guided by our ‘Edgenta of the Future 2025’ vision, UEM Edgenta’s full suite of business services is driven by technological advancements throughout the business assets’ life cycle including consultancy, procurement & construction planning, operations & maintenance, as well as optimisation, rehabilitation and upgrades. Digital solutions across multiple industries positions UEM Edgenta as a powerhouse to become a Technology-Enabled Solutions Company with a focus on healthcare by 2025.

UEM Edgenta has operational presence in Malaysia, Singapore, Indonesia, Taiwan, United Arab Emirates and The Kingdom of Saudi Arabia.

This press release has also been published on VRITIMES

Tarrasmart Receives Excellence Award in AI-Driven Sustainable Technologies 2024 at Technology Innovator Awards

 

Tarrasmart's innovative approach to reducing AI's environmental footprint has earned the Excellence Award in AI-Driven Sustainable Technologies 2024 - South East Asia. Tarrasmart solutions prove that artificial intelligence can be both powerful and environmentally responsible, challenging the belief that advanced AI must consume high energy. This recognition comes as Southeast Asian enterprises seek to balance technological advancement with environmental responsibility.

Singapore, December 2024 — Tarrasmart, a Southeast Asian artificial intelligence company, has been awarded the "Excellence Award in AI-Driven Sustainable Technologies 2024 - South East Asia" at the Technology Innovator Awards 2024. This recognition follows a comprehensive four-month evaluation process conducted by Innovation in Business, a UK-based technology awards organization.

The award acknowledges the company's work in sustainable technology development through AI solutions. The selection process, running from July to December 2024, included technical evaluations, expert interviews, and product demonstrations that examined the practical implementation and impact of the company's technologies.

"This recognition validates our technical approach to sustainable AI architecture," said Tan Yong Zhuan, Head of AI at Tarrasmart. "Our research has focused on developing neural network compression techniques that reduce model size by 60% while maintaining accuracy above 99%. We've implemented adaptive computing algorithms that automatically scale resource utilization based on workload, resulting in a 40% reduction in energy consumption. These aren't just efficiency improvements but fundamental advances in how AI systems can be architected for sustainability."

Pranav Murugesh Nair, Head of Marketing at Tarrasmart, shared the market context, "The enterprise landscape is shifting toward measurable sustainability outcomes in technology implementation. Our client data demonstrates that organizations adopting our optimized AI frameworks achieve their technical objectives while reducing both infrastructure costs and environmental impact. This award acknowledges the growing recognition that sustainable technology solutions can deliver both business value and environmental benefits."

"As a strategic digital transformation expert, it's encouraging to see organizations like Tarrasmart integrate sustainability principles into their core technology development," said Cristianto Rian Tarra, recognized as the Most Innovative Strategic Digital Transformation Expert. "Their approach aligns with what I've observed across successful digital transformations, that long-term impact requires both technological innovation and environmental responsibility. This recognition reinforces the importance of building sustainable practices into our digital future."

Key technological achievements include:

1. Development of neural network compression algorithms achieving 60% model size reduction.

2. Implementation of adaptive computing systems reducing energy usage by 40%.

3. Creation of automated resource optimization frameworks.

4. Integration of real-time sustainability metrics in AI operations.

5. Development of energy-efficient training methodologies for large-scale AI models.

Founded in 2013 in Makassar, Tarrasmart has grown to serve clients across Southeast Asia with its AI solutions, Big Data analytics, and cloud services. The company's name unifies three powerful elements: TARRA (Targeted AI Research Revolutionizing Advancement), the artistry of innovation, and SMART technologies (Specific, Measurable, Attainable, Realistic, Time-bound). This trinity represents our approach where targeted research meets creative implementation, delivering AI solutions that are precisely engineered and elegantly designed. This unique blend of scientific rigor, artistic innovation, and smart methodology drives our development of solutions supporting economic growth and sustainable practices.

The company plans to continue its work on sustainable technology initiatives across Southeast Asia, focusing on developing AI technologies that contribute to economic and social progress while maintaining environmental responsibility.

About Technology Innovator Awards

The Technology Innovator Awards, presented by Innovation in Business (an AI Global Media company), recognizes organizations developing innovative solutions and sustainable practices in the technology sector.

About Tarrasmart

Tarrasmart develops AI solutions focused on sustainable technology implementation. Founded in 2013, the company works with data analytics and cloud solutions, serving clients across Southeast Asia.

This press release has also been published on VRITIMES

Bitcoin, Recent Developments, and the Federal Reserve, What Will BTC Price Be in the 2025?

 

Explore recent developments in Bitcoin, the Federal Reserve's stance, and BTC price trends. Learn how macroeconomic policies, Bitcoin Rainbow Chart insights, and expert predictions could shape Bitcoin's future, with forecasts of Bitcoin price by 2025.

Federal Reserve Chair Jerome Powell recently reaffirmed the institution’s legal stance on Bitcoin reserves. Speaking at a post-monetary decision conference, Powell stated that the U.S. central bank is legally barred from holding Bitcoin as a reserve asset.

Powell emphasized that current laws prevent the Federal Reserve from maintaining a Bitcoin reserve and that there is no interest in pursuing legal changes to allow for such holdings.

Powell’s remarks, coming after the year’s final Federal Open Market Committee (FOMC) meeting, reiterated the Fed’s consistent position on this issue.

Context Behind Powell’s Comments

These statements come as Bitcoin reached new all-time highs and amid significant global developments in cryptocurrency adoption. Notably, President Donald Trump’s administration has proposed creating a national Bitcoin Strategic Reserve, a policy supported by several legislators and industry leaders.

However, skeptics, such as Nic Carter from Castle Island Ventures, warn that such a move could undermine the U.S. dollar’s position as the global reserve currency. Meanwhile, countries like Russia appear poised to establish their own Bitcoin reserves, potentially escalating geopolitical competition in the cryptocurrency space.

Bitcoin Price Trends and Influences

Bitcoin’s price movements have been closely tied to macroeconomic policies, such as Federal Reserve interest rate decisions. Following the Fed’s recent 25 basis point rate cut, Bitcoin’s price dipped slightly, continuing a downward trend before stabilizing around $101,685.

Despite short-term volatility, Bitcoin has demonstrated significant growth, surpassing its previous all-time high and climbing to over $107,000 earlier in December.

This rally has been fueled by factors including the approval of Spot Bitcoin ETFs and growing skepticism about the U.S. dollar’s long-term stability.

The Role of the Bitcoin Rainbow Chart

The Bitcoin Rainbow Chart, a popular tool in the crypto community, offers a visual representation of Bitcoin’s historical price movements. Using color-coded bands, the chart categorizes market sentiment from “Still Cheap!” to “Sell. Seriously, SELL!”

Here’s a summary of the Bitcoin price zones based on the Bitcoin Rainbow Chart above:

1. Fire Sale (Blue)

- Price: Extremely undervalued.

- Situation: Occurs during bear markets or sharp corrections.

- Ideal Action: Buy aggressively, as this phase reflects extreme pessimism or market overselling.

2. BUY! (Light Blue)

- Price: Low, but with slightly more market confidence than the Fire Sale zone.

- Situation: A favorable time for long-term accumulation.

- Ideal Action: Consider buying Bitcoin.

3. Accumulate (Green)

- Price: Still undervalued, but less so than previous zones.

- Situation: Seen as a good time to accumulate for long-term growth.

- Ideal Action: Build Bitcoin holdings for future potential gains.

4. Still Cheap (Dark Green)

- Price: Starting to rise but still relatively inexpensive.

- Situation: Often occurs during recovery phases after major corrections.

- Ideal Action: Buy or hold depending on your strategy.

5. HODL! (Yellow)

- Price: Rising steadily, and market optimism returns.

- Situation: No longer an ideal time for large purchases.

- Ideal Action: Hold onto your Bitcoin.

6. Is this a bubble? (Light Orange)

- Price: Approaching speculative levels.

- Situation: Market may be overheating.

- Ideal Action: Hold or prepare an exit strategy if you think the market is nearing its peak.

7. FOMO Intensifies (Orange)

- Price: Speculative behavior dominates as Fear of Missing Out (FOMO) drives prices.

- Situation: Gains can still be made, but risks increase significantly.

- Ideal Action: Consider taking profits or selling part of your holdings.

8. Sell. Seriously, SELL! (Red)

- Price: Extreme market euphoria, entering bubble territory.

- Situation: Prices are unsustainable, and corrections are likely.

- Ideal Action: Sell your Bitcoin, as the market peak may be near.

9. Maximum Bubble Territory (Dark Red)

- Price: Peak of speculative mania, extremely high prices.

- Situation: Often followed by sharp corrections.

- Ideal Action: Sell all remaining Bitcoin if you haven’t already.

This chart helps investors strategize based on Bitcoin’s market cycles and price trends.

Bitcoin Price Prediction 2025

Bitcoin price prediction 2025 by analysts could reach between $120,000 and $150,000 by mid-2025, driven by reduced leverage and increased institutional participation. Factors such as ETF approvals and the potential implementation of Trump’s Bitcoin reserve strategy are expected to fuel this growth.

However, risks remain, including the possibility of “stagflation”—a combination of high inflation and economic stagnation—as noted by analysts from The Kobeissi Letter.

If the Federal Reserve mismanages interest rate cuts amidst rising inflation, it could exacerbate market volatility.

Bitcoin: A Long-Term Projections

Michael Saylor, CEO of MicroStrategy, has forecasted that Bitcoin could grow at an average annual rate of 29% over the next 21 years, potentially reaching $13 million by 2045.

This ambitious projection aligns with models based on adoption rates and market cycles. For 2025, estimates suggest a peak price of $261,000, supported by the Rate of Adoption model and enhanced by the rising popularity of Bitcoin ETFs.

Conclusion: Key Takeaways for Investors

As the crypto market continues to evolve, understanding these dynamics will be crucial for navigating opportunities and risks in this rapidly changing landscape. Here some points that you have to pay attention for as investors in crypto market:

1. Regulatory Landscape: The Federal Reserve’s current position and the legal framework surrounding Bitcoin reserves remain unchanged. Investors should monitor developments in government policy and international competition.

2. Market Timing: Tools like the Bitcoin Rainbow Chart provide valuable insights into market phases, aiding in strategic investment decisions.

3. Economic Indicators: Macroeconomic factors, including inflation rates and Federal Reserve policies, will play a critical role in shaping Bitcoin’s trajectory.

4. Long-Term Potential: While short-term volatility is expected, historical patterns suggest strong long-term growth for Bitcoin, making it a valuable asset for patient investors.

About Bitrue

Bitrue is a leading cryptocurrency exchange, offering a wide range of digital assets, innovative features, and user-focused services. Founded with the mission to empower the world’s crypto enthusiasts, Bitrue continues to expand its platform with new products, events, and opportunities for users worldwide.

This press release has also been published on VRITIMES

Kwento Co and Boost Gio Shine at the Prestigious Aliw Awards 2024 at The Manila Hotel

The Aliw Awards 2024 (held on December 18, 2024) at the luxurious Manila Hotel was a spectacular evening celebrating artistic and creative excellence. This event brought together a remarkable lineup of performers, creators, and notable personalities from the entertainment industry. Among the night's highlights was the attendance of Kwento Co and Boost Gio. They made a significant mark (because of) their dynamic presence and impactful contributions. However, the atmosphere was electric and the excitement was palpable. Although many talented individuals were present, the night truly belonged to those two. 

A Night of Excellence at Aliw Awards 2024

The Aliw Awards have been seen as one of the most important events that celebrate Filipino talent for a long time. The 2024 edition of the awards ceremony was no different, providing a stage to honor amazing achievements in performing arts, entertainment,t, and innovation. It took place at the historic Manila Hotel, where the grandeur of the venue added a touch of timeless elegance to the night. Attendees enjoyed unforgettable performances, heartfelt speeches, and a gathering of some of the brightest minds in the industry. (Kwento Co and Boost Gio) were among the notable guests who walked the red carpet, showing off sophistication and excellence. Their involvement in the Aliw Awards 2024 not only showed their ongoing commitment to supporting Filipino creativity, but, it also emphasized their role as leaders in their fields. Kwento Co and Boost Gio: Celebrating Creativity and Innovation. Kwento Co’s Contribution to Storytelling and Community Impact is significant because of its dedication to the arts.

Kwento Co has made a name for itself as a major player in modern storytelling (1) by creating narratives that really connect with audiences. Their fresh way of sharing stories and uplifting voices in the Filipino community has truly set them apart from others in the industry. At the Aliw Awards 2024, their strong presence showed just how dedicated they are to encouraging creativity and highlighting important narratives. They inspire local creators and shine a light on underrepresented voices. Kwento Co plays a crucial role in shaping today's Filipino media. Their work connects generations and reminds people of the importance of storytelling in keeping heritage alive, sparking imagination and building connections.

Boost Gio: Pioneering Progress and Transformation. Boost Gio, recognized for its innovative contributions to creative and entrepreneurial fields, has kept raising the bar for what’s possible. At the Aliw Awards, Boost Gio’s focus on empowering artists, creators and businesses was front and center (2). Their presence at the event highlighted the need for collaboration and growth in the creative industry. However, there is still much work to be done. Although they have made significant strides, the journey of creativity is ongoing. This is because the landscape continues to change and new challenges always arise.

Boost Gio has always given platforms, tools and chances for aspiring talents to flourish. By linking people (individuals), providing strategic support and embracing new technologies, Boost Gio has strengthened its reputation as a leader in transformation. However, this progress isn't just about technology; it also involves nurturing connections. Although many companies claim to support talent, Boost Gio stands out because of its genuine commitment to helping others succeed.

The Manila Hotel: A Venue Fit for the Stars

Hosting the Aliw Awards 2024 at The Manila Hotel brought together heritage and modernity in a stunning display. Known for its rich history and grandeur, the hotel served as the perfect backdrop for a night celebrating Filipino talent. The meticulously designed red carpet, illuminated ballrooms and dazzling light displays added an air of majesty to the event. Guests (including Kwento Co, Boost Gio and other renowned personalities) graced the red carpet with elegance and poise. The ambiance was electric, as nominees, performers and industry icons gathered under one roof to celebrate outstanding achievements.

Highlight Moments: Red Carpet Appearances and Stellar Performances. The Aliw Awards 2024 was not only a platform for recognition; it was also a celebration of art in its purest form. Among the most talked-about moments were the dazzling red carpet appearances, where individuals like Kwento Co and Boost Gio showcased their influence and style. Throughout the evening, the audience witnessed award presentations to recognize outstanding performances in live entertainment, film and music. However, the true essence of the night was captured in the connections made and the joy shared. Although it was a formal event, the warmth of Filipino culture shone through, creating an unforgettable experience.

The performances from celebrated Filipino artists were breathtaking, bringing the audience to their feet. Heartfelt acceptance speeches highlighted the perseverance, passion and dedication of the nominees. Kwento Co and Boost Gio’s engagement during the event showcased their ongoing support for the creative industry (and their belief in recognizing Filipino excellence). Looking Ahead: The Future of Filipino Talent and Creativity is bright. The Aliw Awards 2024 served as a reminder of the incredible talent within the Filipino entertainment industry. With organizations like Kwento Co and Boost Gio leading the way, the future looks promising for artists, performers and storytellers alike. Their participation in such significant events amplifies the importance of collaboration, community-building and innovation (however, this is not always easy). Kwento Co continues to pave the way for creators to share their stories, but Boost Gio remains committed to supporting and empowering talent across industries. Their unwavering commitment to excellence and progress ensures that the legacy of Filipino artistry will continue to inspire generations to come, although challenges still exist.

A Night to Remember at Aliw Awards 2024 The Aliw Awards 2024 proved to be a major success, gathering visionaries, innovators, and artists to honor Filipino excellence. The presence of Kwento Co and Boost Gio brought prestige and inspiration to the event (this) reinforced their status as key players in creativity and progress within the industry. As the curtains (finally) close on this unforgettable evening, the focus stays on the future of Filipino art and storytelling. With Kwento Co and Boost Gio leading the way, the journey toward creativity, innovation, and empowerment goes on. However, many people wonder what the next steps will be.

About Kwento Co

Kwento Co is a diverse and dynamic media and information literacy website. We are a team of accomplished content creators, artists, influencers, and young entrepreneurs passionate about helping micro and macro-sized businesses market their services through effective digital marketing strategies tailored to their brands.

This press release has also been published on VRITIMES

Nusantara Global Network Announces Strategic Partnership with Tickmill to Offer Exclusive Rebates for Traders in Malaysia

  

Kuala Lumpur, Malaysia – 19 December 2024 – Nusantara Global Network, a leading digital marketing and business development agency in Southeast Asia, is proud to announce a strategic partnership with Tickmill, a prominent broker in the global Forex and CFD market. Through this collaboration, traders in Malaysia registered under the Nusantara Global Network will gain access to exclusive rebate of up to 100%.

This rebate initiative, provided by Tickmill, offers traders additional benefits through self rebates of $10 for gold and Forex trading, making it one of the largest rebate offers in Malaysia. Nusantara Global Network acts as the Introducing Broker (IB) for Tickmill, providing traders with the opportunity to enjoy direct rebate benefits from their trading activities.

Driving Better Trading Growth with Tickmill

This collaboration is part of Nusantara Global Network's effort to expand traders' access to better trading opportunities in the global market. With continuous high self rebates, traders under this network can reduce their trading costs, thereby maximizing their profits.

“We are excited to partner with Tickmill, a globally recognized broker for its trustworthiness and commitment to traders,” said a representative from Nusantara Global Network. “By offering 100% rebates, we believe this partnership will deliver great value to traders in Malaysia, enabling them to optimize their trading strategies more effectively.”

In addition to attractive rebates, Tickmill is known for its advanced and user-friendly trading platforms, as well as fast trade execution. Traders under Nusantara Global Network now have the opportunity to benefit from both the rebates and the innovative trading technology offered by Tickmill.

Statement from Tickmill

“We are pleased to strengthen our partnership with Nusantara Global Network, one of the leading agencies in Southeast Asia. By offering this exclusive rebate, we hope to empower our traders in Malaysia with more trading power,” said a representative from Tickmill. “This partnership aligns with our mission to support traders worldwide with high-quality trading services and competitive trading conditions.”

About Tickmill

Tickmill is a leading global broker providing access to trading in various asset classes, including Forex, commodities, and CFDs. Tickmill is renowned for its excellent customer service, fast trade execution, and user-friendly platforms. The broker remains committed to providing traders worldwide with the best trading conditions and competitive opportunities.

About Nusantara Global Network

Nusantara Global Network is a digital marketing and business development agency based in Southeast Asia. With a focus on strategic and innovative solutions, Nusantara helps companies across various sectors achieve sustainable growth in competitive markets. Their core mission is to empower businesses through effective marketing campaigns and robust business network development.

This press release has also been published on VRITIMES

Babylon BTC Staking is Getting More Popular, 124,410+ Stakers Have Been Registered by the End of Phase-1

  

Discover the growing popularity of Babylon Chain, a Bitcoin staking platform blending BTC’s robust security with PoS flexibility. With over 124,410 stakers and $3.6B in deposits, Babylon Chain offers high yields, unmatched security, and transparency. Stake BTC now and earn rewards while enhancing blockchain security!

Staking has emerged as a key feature in the blockchain ecosystem, allowing cryptocurrency holders to lock their assets, contribute to network security, and earn rewards. Babylon Chain takes this a step further by integrating the robust security of Bitcoin (BTC) with the flexibility of Proof-of-Stake (PoS) networks.

This innovation transforms Bitcoin from a store of value into an active contributor to blockchain security and decentralization.

What is Babylon Chain?

Babylon Chain is a Bitcoin staking platform designed to enhance the security of PoS-based blockchains. It enables Bitcoin holders to lock their assets and use them to bolster the economic security of PoS networks without involving third parties, such as custodians.

The platform leverages three unique aspects of Bitcoin:

1. Timestamping: Recording events from other blockchains onto the Bitcoin network.

2. Blockspace: Utilizing Bitcoin’s blockchain capacity.

3. Asset Value: Using Bitcoin’s economic value to reinforce PoS networks.

How Babylon Chain Works

Babylon Chain uses several core protocols to create a secure and efficient ecosystem:

1. Bitcoin Staking Protocol

This protocol allows BTC holders to stake their assets directly in PoS chains without wrapping or transferring them to another platform. This ensures asset liquidity and security.

2. Bitcoin Timestamping Protocol

By recording events from other blockchains onto Bitcoin’s network, this protocol leverages Bitcoin’s Proof-of-Work (PoW) security to protect PoS chains against long-range attacks that could compromise their integrity.

3. Bitcoin Data Availability Protocol

Ensures that data from other blockchains remains accessible and secure via Bitcoin’s infrastructure.

Babylon Chain’s Achievements

Babylon Chain has achieved remarkable milestones, with total deposits exceeding 36,100 BTC (equivalent to approximately $3.6 billion). In the past week, Bitcoin deposits surged by 51.4%, with a staggering $1.2 billion deposited in just two days (December 10–11, 2024).

As of this writing on December 16, Babylon’s official account on X posted data on the number of users who have staked Bitcoin. There are over 124,410 users who have staked BTC at the end of phase-1 which will close in less than 24 hours.

This growth was fueled by major platforms like Binance and Bitrue, which began supporting Babylon Chain’s yield-earning program. Nearly 14,000 new users joined within a single day, raising the total number of unique depositors to over 62,000.

Key Advantages of Babylon Chain

There are many benefits offered in Babylon Chain that you can get, such as:

1. High Security

Babylon Chain employs advanced cryptographic technology like Extractable One-Time Signatures (EOTS) to ensure robust protection for users.

2. Flexibility

The platform offers quick and secure unbonding processes, allowing users to access their assets without compromising security.

3. Attractive Yields

Bitcoin holders can earn competitive rewards while contributing to the security of PoS networks.

4. Transparency and Decentralization

Babylon Chain eliminates the need for third-party custodians, enabling Bitcoin holders to retain full control over their assets.

Benefits of Bitcoin Staking with Babylon Chain

There are many advantages you can get when staking Bitcoin on Babylon, such as:

1. Diversified Utility: Expands Bitcoin’s functionality beyond passive investment.

2. Earn Rewards: Offers BTC holders additional income through staking.

3. Enhanced PoS Security: Strengthens blockchain networks by integrating Bitcoin’s security.

Babylon and Bitrue Strategic Partnership

Babylon is collaborating with Bitrue as one of the global crypto exchanges by holding the Babylon BTC Staking campaign which will last until December 17, 2024. BTC staking on Babylon through Bitrue provides rewards of up to 2.3% APR complete with Babylon points. That way, you will get double rewards when staking BTC in this BitrueXBabylon campaign.

The maximum APR is 2.3% with a base rate of 1.3%. You will also get additional income with a base rate of 1.12x for every friend you invite to join this BTC Babylon staking campaign. Here are the details of the rewards:

1. Invite 1 friend who registers and makes their first deposit: APR increases to 1.46%.

2. Invite 2 friends: APR increases to 1.63%.

3. Invite 3 friends: APR increases to 1.83%.

4. Invite 4 friends: APR increases to 2.05%.

5. Invite 5 or more friends: Maximum APR of 2.3%.

Risks and Considerations

While Babylon Chain offers significant benefits, it’s essential to weigh the associated risks:

1. Market Volatility: The value of staked BTC can fluctuate, potentially impacting overall returns.

2. Platform Risks: Technical or operational failures could put staked assets at risk.

3. Lock-Up Periods: Some staking mechanisms may require assets to be locked for a fixed duration, limiting liquidity.

Conclusion

Babylon Chain introduces a groundbreaking approach to Bitcoin staking by integrating PoW security with PoS flexibility. By allowing BTC holders to stake without wrapping or transferring assets, the platform provides a transparent and secure solution for earning yields while enhancing blockchain security.

For those seeking a safe and innovative way to grow their Bitcoin holdings while supporting decentralized ecosystems, Babylon Chain is a compelling choice.

So, what are you waiting for? You can directly stake Bitcoin on Babylon chain via Bitrue to get maximum profit.

About Bitrue

Bitrue is a leading cryptocurrency exchange, offering a wide range of digital assets, innovative features, and user-focused services. Founded with the mission to empower the world’s crypto enthusiasts, Bitrue continues to expand its platform with new products, events, and opportunities for users worldwide.

This press release has also been published on VRITIMES

GET READY FOR THE WHITELIST ROUND!

Staynex Initial Coin Offering (ICO) is your golden opportunity to join the revolution in blockchain-based travel and hospitality! 🌍✨

✅ Why Join the Staynex ICO?  

🏷 Early Access: Be among the first to own $STAY tokens before the global rollout.

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Risk Disclaimer: Investing in cryptocurrencies involves significant risks. Please understand that your funds are your responsibility. Always Do Your Own Research (DYOR) before making investment decisions.

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About Kwento Co

Kwento Co is a diverse and dynamic media and information literacy website. We are a team of accomplished content creators, artists, influencers, and young entrepreneurs passionate about helping micro and macro-sized businesses market their services through effective digital marketing strategies tailored to their brands.

This press release has also been published on VRITIMES

Bitcoin Hits New ATH at $107K, What's Next for BTC? Can It Replace Gold?

With Bitcoin reaching $107K, questions arise: Can BTC rival gold as the ultimate store of value? Explore market trends, Trump's strategic reserve plans, and the 2024 investment landscape.

Since getting support from Donald Trump in the 2024 US Election and Trump's victory, Bitcoin seems to have reached the peak of its glory in 2024. When the price of BTC often slumped in early and mid-2024, during November to the end of December, the price of BTC continued to set its highest price of all time.

Traditional economic relationships have been upended in 2024, as asset classes that historically moved in opposite directions—equities, gold, the U.S. dollar, and Bitcoin—have all rallied simultaneously.

Historically, higher interest rates result in a stronger U.S. dollar, falling gold prices, and stock market declines. However, 2024 has defied these expectations.

The S&P 500 surged 25% year-to-date (y-t-d), gold prices rose by 28%, the U.S. dollar index climbed 4.8%, and Bitcoin hit record highs, surpassing $100,000. In fact, in the past 24 hours yesterday and today, Bitcoin hit a new ATH at over $107,000.

Bitcoin: The New Digital Gold

Often called “digital gold,” Bitcoin shares key attributes with its physical counterpart—notably scarcity and decentralization. With a capped supply of 21 million coins, Bitcoin has become an attractive hedge against inflation.

Unlike traditional assets, its price is not easily manipulated by governments, making it resilient to political and monetary interference.

Two major events in 2024 solidified Bitcoin’s status as a legitimate asset class. First, the approval of Spot Bitcoin ETFs brought institutional players like BlackRock and Fidelity into the fold. Second, Donald Trump’s presidential victory marked a turning point in U.S. crypto policy.

Trump has openly supported cryptocurrencies, pledging to create a U.S. Bitcoin strategic reserve akin to the nation’s petroleum reserve.

Bitcoin’s unprecedented rally has reflected these developments. By early December, Bitcoin crossed $107,000, driven by institutional investment, regulatory advancements, and growing mainstream acceptance.

While gold offers stability, Bitcoin’s volatility and growth potential make it a compelling counterpart within a diversified portfolio.

Gold’s Resurgence: The Safe Haven Asset

While equities, driven by the success of the “Magnificent Seven” and the AI boom, have garnered significant attention, gold has quietly outperformed. Gold futures are up 28% y-t-d, surpassing the S&P 500's gains.

Investors who remained open to diversifying into gold rather than focusing solely on equities have seen impressive returns.

Gold has long been regarded as a safe haven asset, offering stability in times of economic uncertainty. Its enduring appeal lies in its intrinsic value as both a financial instrument and a physical commodity with applications in jewelry, technology, and manufacturing.

Unlike fiat currencies or digital assets, gold’s scarcity ensures its role as a reliable store of value.

Recent discoveries, such as a significant gold deposit in China, have occasionally challenged perceptions of gold’s rarity. However, these findings have done little to diminish its global allure. Gold is also universally recognized and easily liquidated, making it practical during crises.

Nevertheless, gold’s stability comes at the cost of growth potential, a limitation that has paved the way for Bitcoin’s increasing popularity.

Balancing Gold and Bitcoin: A Dual Hedge Strategy

Gold and Bitcoin’s distinct qualities make them complementary investments. Gold provides stability, acting as a stabilizer during periods of volatility, while Bitcoin offers the potential for outsized returns. Together, they create a balanced hedge against economic uncertainty.

Morningstar research indicates that a 5% allocation to Bitcoin strikes the ideal balance between risk and reward. However, direct exposure to Bitcoin can pose risks, including exchange fraud, cybersecurity threats, and password management issues.

To mitigate these challenges, investors can turn to regulated avenues such as Spot Bitcoin ETFs, CME Bitcoin futures, and other U.S. Securities and Exchange Commission (SEC)-approved platforms. These options provide safer access to Bitcoin while maintaining transparency and oversight.

For additional information, you can see the screenshot above regarding BTC ownership in several countries. Bitcoin has penetrated many parts of the world and become an attractive investment asset with predictions of its increasingly rapid progress in the future.

Trump’s Strategic Bitcoin Reserve: A Policy Shift with Global Implications

President-elect Donald Trump’s support for a U.S. Bitcoin strategic reserve marks a seismic policy shift. During a recent interview, Trump reiterated his vision to build a national Bitcoin reserve, similar to the country’s strategic petroleum stockpile.

"We’re gonna do something great with crypto because we don’t want China or anybody else to be ahead," Trump said.

Trump’s proposal echoes ideas previously raised by Republican Senator Cynthia Lummis, who suggested the U.S. should acquire 1 million Bitcoins over five years to reduce its $35 trillion national debt. Such a reserve would not only boost Bitcoin’s legitimacy but could also reshape global financial dynamics.

As Bitcoin’s price continues its upward trajectory, analysts like Perianne Boring predict it could eclipse gold’s $16 trillion market capitalization, with prices potentially reaching $800,000 per coin by next year.

Globally, other nations are also exploring cryptocurrency reserves. Russia, in response to sanctions, has embraced Bitcoin as an alternative asset. President Vladimir Putin praised Bitcoin’s independence from foreign interference, reinforcing its growing role in geopolitics.

However, skeptics, including Federal Reserve Chair Jerome Powell, caution against over-optimism. Powell has compared Bitcoin to gold but emphasized that any move toward a strategic reserve would require careful consideration and time to implement.

The Path Forward: Navigating the 2024 Investment Landscape

As 2024 continues to challenge traditional economic assumptions, investors must adopt a more flexible and forward-thinking approach. The simultaneous rally of equities, gold, the U.S. dollar, and Bitcoin signals a shift in market dynamics that requires fresh strategies.

Gold’s stability and Bitcoin’s growth potential make them indispensable tools for navigating uncertainty. Investors who embrace a dual allocation strategy—with gold acting as a stabilizer and Bitcoin as a high-growth asset—are better positioned to protect and grow their portfolios.

While the creation of a U.S. Bitcoin strategic reserve remains speculative, Trump’s commitment to supporting crypto innovation has provided a significant tailwind for Bitcoin’s rally. As nations around the world reconsider their approach to digital assets, the stage is set for Bitcoin to play a transformative role in global finance.

Conclusion: Embracing the New Economic Paradigm

The economic disruption of 2024 underscores the fragility of traditional market correlations. Gold’s resurgence, Bitcoin’s rise, and the broader market rally challenge established norms and highlight the importance of diversification.

By keeping an open mind and embracing innovative strategies, investors can navigate the uncertainty of 2024 with confidence, ensuring their portfolios remain resilient and positioned for growth in this new era.

About Bitrue

Bitrue is a leading cryptocurrency exchange, offering a wide range of digital assets, innovative features, and user-focused services. Founded with the mission to empower the world’s crypto enthusiasts, Bitrue continues to expand its platform with new products, events, and opportunities for users worldwide.

This press release has also been published on VRITIMES

Leading Kuala Lumpur’s Plant-Based Revolution: How Savor is Redefining Healthy Dining in Sri Hartamas

In the bustling heart of Sri Hartamas, Savor is setting a new benchmark as the best vegetarian restaurant in KL, specializing in plant-based foods. By offering a revolutionary experience that combines gourmet flavors, health-focused meals, and wellness initiatives, Savor aims to redefine healthy dining in the city while empowering individuals to embrace healthier lifestyle choices.

With plant-based eating gaining momentum globally, Savor stands out as the best vegetarian restaurant in KL, specializing in plant-based foods. By curating a menu that celebrates the richness of plant-based ingredients and aligning it with expert-led health initiatives like Savor Talks & Savor Masterclass, Savor is redefining healthy dining in Kuala Lumpur’s culinary scene.

The Plant-Based Revolution in Kuala Lumpur

With plant-based eating gaining momentum globally, Savor brings this lifestyle closer to home. By curating a menu that celebrates the richness of plant-based ingredients and aligning it with expert-led health initiatives like Savor Talks & Savor Masterclass, Savor is redefining healthy dining in Kuala Lumpur’s culinary scene.

“Savor was born from the belief that food is not just nourishment but a pathway to wellness,” says David Ng, Co-founder of Savor. “We want to make plant-based dining approachable, flavorful, and beneficial for everyone, whether you’re vegan or simply looking to embrace healthier options.”

What Makes Savor Unique?

Health-First Approach: Savor’s 10-Day Total Transform Program, designed with medical professionals and nutritionists, empowers individuals to adopt healthier lifestyles. Each plan includes personalized meal options, blood tests, and consultations to ensure tailored results.

Health-First Approach: In addition to its menu, Savor introduces Savor Masterclass, a platform to educate and inspire the community about the profound impact of plant-based eating on health and well-being. Led by experts in nutrition, these engaging sessions cover topics such as reversing lifestyle diseases, improving energy levels, and achieving sustainable wellness through food.

Gourmet Plant-Based Cuisine: From vibrant starters to hearty mains and indulgent desserts, every dish at Savor reflects the team’s dedication to flavor and creativity. The menu is a celebration of local and international cuisines, reimagined through a plant-based lens.

 Addressing Lifestyle Challenges

In today’s fast-paced world, adopting a healthier lifestyle can seem daunting. Savor tackles this head-on by making it simple and delicious. Whether through their meal plans, on-site dining, or Savor Talks, Savor’s offerings are designed to fit seamlessly into busy schedules while delivering lasting benefits.

A satisfied customer shared: "Savor’s 10-day challenge completely changed how I view food. Not only did I feel more energetic, but I also learned how plant-based meals can be delicious and satisfying!”

Why Now?

The rise of lifestyle diseases has made people more conscious of what they consume. Savor’s approach isn’t just about eating better—it’s about living better. By integrating plant-based meals into everyday life and offering resources like Savor Talks, Savor Masterclass and Savor 10-Day Total Transform program, Savor empowers individuals to make informed, impactful choices for their health.

Visit Savor Today

Savor invites food lovers and health enthusiasts alike to explore its offerings. Located at 38G, Jalan 28/70A, Desa Sri Hartamas, Savor is open for dine-in, takeaway, and reservations.

To book your table or learn more about their health programs, visit www.savoroflife.com. Follow Savor on social media (Instagram, Facebook, Tiktok)  for updates, recipes, and tips on living a healthier, plant-based lifestyle.

About Savor Of Life

Savor of Life, founded by David Ng, Beverly Thien, and Peter Lee, is nestled in the heart of Mont Kiara, Kuala Lumpur. It offers a diverse plant-based menu that celebrates the power of plant-based cuisine while pushing the boundaries of flavor and innovation. Committed to sustainability and health, Savor of Life aims to reshape the landscape of wellness through a holistic approach that combines nourishment and education. With unwavering faith in the transformative power of plant-based foods, Savor of Life seeks to provide a well-rounded experience for all.

 

This Press Release has also been published on VRITIMES