OKX, a leading crypto exchange by trading volume and a leading Web3 technology company, has issued updates for March 22, 2024. OKX Adds Orbs Network’s ORBS Token to On-Chain Earn Product OKX has expanded its On-Chain Earn product today with the addition of ORBS, offering users the chance to earn rewards through Proof-of-Stake (PoS) staking and DeFi products. With these new additions, users can stake ORBS for the potential to earn an APR of up to 7%. The On-Chain Earn product by OKX has...
Leading telecommunications provider Telkomsel and global ICT solutions provider Huawei have inaugurated Indonesia’s first 5G Smart Warehouse and 5G Innovation Center in Bekasi Regency, West Java. This landmark facility showcases the potential of 5G technology to transform warehouse management, boosting operational efficiency and creating new opportunities for the logistics industry to support the digital economy leapfrog towards the Golden Indonesia Vision 2045. The inauguration ceremony was officiated by Mr. Long, CEO of Huawei Indonesia, and attended by dignitaries including...
Hughes Network Systems, LLC (HUGHES), an EchoStar company (Nasdaq: SATS), today announced that Nilesat, a leading satellite operator in the MENA region has purchased a Hughes JUPITER™ System Gateway and will use Hughes JUPITER terminals for its Nilesat 301 satellite. The implementation will begin in Q2 and is expected to be complete by the end of Q3 2024. “The Nilesat vision is to be the role model for satellite services in the MENA region,” said Major General Sameh Katta,...
Hughes Network Systems, LLC (HUGHES), an EchoStar company (Nasdaq: SATS), today announced that its JUPITER™ 3 satellite is providing services to subscribers in the United States, Canada, Mexico, Brazil, Peru, Ecuador, Argentina, and Colombia. Launched in July 2023, the satellite soon reached its position at the 95 West orbital slot and underwent extensive testing. After successfully completing the tests, JUPITER 3 entered commercial service on December 19, 2023. In the 90 days since, Hughes has launched new Hughesnet services across the Americas for both consumer and business...
ProteoNic Biosciences, a leading provider of premium vector technology and services for the production of biologics, today announced a partnership with Ginkgo Bioworks (NYSE: DNA), which is building the leading platform for cell programming and biosecurity. This strategic alliance will grant Ginkgo Bioworks’ customers access to ProteoNic’s state of the art vector technology in the field of protein production as well as to novel viral vector technology for cell and gene therapy applications. This also marks ProteoNic’s...
OKX, a leading Web3 technology company, has issued updates for March 13, 2024. OKX Web3 and Sui Network to Co-Host ‘Reap the Drops’ ETHVietnam Side Event in Hanoi OKX Web3 today announced that it is co-hosting an ETHVietnam side event called ‘Reap the Drops ETHVietnam’ alongside Sui, a Layer 1 blockchain and smart contract platform, on March 15 at Beatro Gastro Lounge in Hanoi. The event is also proudly supported by Scallop, a leading money market, and FlowX.finance, an ecosystem-focused DEX. Both projects are...
DP World has inaugurated the latest in a string of more than 100 freight forwarding offices across the world, marking a significant expansion aimed at supporting customers navigating the complexities of global trade. In response to increasing disruptions to global trade – from climate change, geopolitics and macroeconomic challenges – DP World has embarked on a bold initiative to bolster its commitment to its customers. The offices already employ 1,000 staff, adding to DP World’s...
OKX Ventures, the investment arm of leading crypto exchange and Web3 technology company OKX, today announced its participation in a US$50 million Series A funding round for Eclipse, a pioneering Ethereum Layer 2 solution utilizing the Solana Virtual Machine (SVM).Eclipse is committed to offering a Layer 2 that excels in speed, security and scalability, promising an environment where powerful applications can seamlessly interact among millions of users.Eclipse Labs Founder Neel Somani said: “Eclipse aims to be the quickest Layer 2 on Ethereum, leveraging...
In a strategic move that underscores a commitment to innovative market strategies, a billion- dollar family office led by Miranda Wong has announced a substantial $20 million USD investment in the promising Web3 wellness initiative, Live4Well. This significant financial endorsement signifies the family office’s vision to capitalize on blue ocean market strategies —untapped new market spaces ripe for innovation. The investment marks a notable milestone in bridging traditional health sectors with the expansive possibilities of the digital landscape, particularly within...
On the first day of MWC Barcelona 2024 held recently, Leo Ma, Vice President of Huawei Cloud Core Network Product Line, delivered a compelling keynote speech at the 5.5G Core Summit. In his speech. In his speech, Leo elaborated on the extraordinary advancement of the 5.5G intelligent core network and its far-reaching influence on future communications technologies, and further emphasized the key role of service, network, and O&M intelligence in advancing the communications industry. Leo stated that...
