New data challenges the stereotype of high-risk crypto traders and explores how they make decisions, navigate trade-offs, and view financial compatibility in relationships DUBAI, UAE, Feb. 14, 2025 /PRNewswire/ -- A new survey from Binance, the global blockchain ecosystem behind the world's largest cryptocurrency exchange by trading volume and users, suggests that most crypto investors take a long-term approach to both investing and romantic relationships. Nearly half of the respondents (49%) consider themselves "Forever HODLers," meaning they invest in both money and love for the long haul. This and other insights were uncovered through a global survey conducted by Binance on the eve of Valentine's Day, which polled 2,200 crypto users on how they navigate financial decisions and romantic commitments. Binance Survey Reveals Most Crypto Investors Take a Long-Term Approach to Both Money and Love However, many take a different approach, blending long-term thinking in one area with flexibility in the other or staying adaptable in both: 19% embrace the "Trader & Romantic" mindset, taking high risks in crypto but opting for stability in love. 17% follow the "Investor & Free Spirit" approach, playing the long game in finance while keeping relationships flexible. 14% fall into the "Risk Chaser" category, keeping their options open in both investing and love. "These findings challenge the common perception of crypto investors as impulsive risk-takers. In reality, most apply the same careful, long-term approach to both their portfolios and their personal lives. Just as building a strong financial future requires patience and strategic planning, so too does cultivating lasting relationships," said Andy Goldin, Head of Data Analytics at Binance. "There's no single formula for success - some prioritize stability in both areas, while others embrace risk in one and caution in the other. Ultimately, it's about finding the right strategy that works for them." Beyond commitment styles, the survey sheds light on how crypto investors make decisions and balance priorities in both finance and relationships. One in three (34%) apply strategy and logic to both love and money, while the rest are divided between trusting emotions in both or mixing risk-taking in one area with stability in the other. When it comes to priorities, crypto and relationships both demand trade-offs. While a third (32%) continue investing in crypto without making lifestyle sacrifices, 42% adjust their spending - whether by delaying big purchases like a home or car, cutting back on shopping, or reducing travel expenses - to prioritize their financial goals. Similarly, relationships come with their own compromises. While 29% say they don't put anything on hold for love, others (58%) prioritize love by dedicating more time to their partners, scaling back social outings, or even adjusting financial habits to accommodate their relationships. Financial compatibility also plays a crucial role in romance, with 59% of respondents emphasizing that shared financial values are key to building long-term relationships. "As crypto becomes an increasingly integral part of everyday life, more people are eager to learn about digital assets. Last year alone, 44 million users visited Binance Academy to expand their crypto knowledge," said Goldin. "These new survey findings suggest that as financial literacy in crypto grows, it may also contribute to stronger financial alignment in relationships, helping couples navigate money matters with greater confidence and shared understanding." Binance Academy offers a wide range of free online courses and resources to help anyone, from beginners to experienced investors, expand their crypto knowledge. About the survey The survey was conducted from February 6th to 10th, 2025 on the Binance Survey platform, and was open to both Binance users and non-users. A total of 2,200 participants from around the world took part in the study. About Binance Binance is a leading global blockchain ecosystem behind the world's largest cryptocurrency exchange by trading volume and registered users. Binance is trusted by more than 250 million people in 100+ countries for its industry-leading security, transparency, trading engine speed, protections for investors, and unmatched portfolio of digital asset products and offerings from trading and finance to education, research, social good, payments, institutional services, and Web3 features. Binance is devoted to building an inclusive crypto ecosystem to increase the freedom of money and financial access for people around the world with crypto as the fundamental means. For more information, visit: https://www.binance.com
DUBAI, UAE, Feb. 14, 2025 /PRNewswire/ -- Bybit, the world's second-largest cryptocurrency exchange by trading volume, released its latest joint monthly volatility report with Block Scholes uncovering insights from January's crypto options trading data. The report indicated BTC's and ETH's growing influence in the global financial landscape, evidenced by the diminishing historical divide between digital assets and conventional markets. By all accounts, key crypto assets are increasingly moving in tandem with macroeconomic signals. From tariffs to the AI race, the digital asset class is no longer insulated from world affairs. The data suggests that crypto is maturing from financial outlier to market bellwether, marking a fundamental shift for traders navigating this new landscape. Key findings: Crypto Markets — The New Canary in the Economic Coal Mine: Crypto markets are increasingly functioning as early warning systems for broader market movements. In the eventful first month of 2025, digital assets demonstrated heightened sensitivity to macroeconomic developments, often reacting hours or even days before traditional equity markets. While equity markets were asleep, the always-on crypto markets digested key indicators such as CPI, labor market data, and potential rate hikes or cuts. The Weekend Effect: As the convergence between cryptocurrency and traditional financial markets reached new heights in Jan., crypto's "early warning" feature was exacerbated particularly on weekends. The 24/7 nature of crypto trading has created a unique dynamic where weekend sessions, especially Sundays, have become crucial indicators of market sentiment. Traders saw a pattern of significant Sunday trading activity that consistently foreshadowed Monday market openings. Ethereum's New Dynamics: While ETH and BTC have historically shared similar trajectories in market movements, the past month revealed a more nuanced relationship. During market downturns, ETH was more vulnerable to negative sentiment, consistently outperformed by BTC. However, the trajectories diverged in options markets, pricing ETH's implied volatility lower than historical patterns would suggest. This disconnect between market expectations and realized performance points to evolving dynamics in how different cryptocurrencies respond to market stress. The Bybit and Block Scholes Monthly Volatility Report series is available on Bybit Learn. #Bybit / #TheCryptoArk /#BybitResearch About Bybit Bybit is the world's second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com. For more details about Bybit, please visit Bybit PressFor media inquiries, please contact: media@bybit.comFor updates, please follow: Bybit's Communities and Social Media Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube
SHENZHEN, China, Feb. 14, 2025 /PRNewswire/ -- Omdia released the Omdia Universe: CloudOps, 2025 report recently. In the report, Huawei was ranked No. 1 globally in CloudOps in terms of strategy and execution, and No. 2 globally in terms of solution breadth. Huawei Cloud Stack recorded leading scores in two subcategories: solution breadth and market momentum. A Global Leader! Huawei Cloud Stack Ranks No. 1 in Strategy and Execution of CloudOps Worldwide In Omdia's view, Huawei Cloud Stack has the following key strengths in global CloudOps: Observability and monitoring Huawei Cloud Stack provides full-stack multidimensional monitoring, covering a wide array of resource objects—for example, physical devices, cloud resource pools, cloud services, and applications. Omdia specifically mentions Huawei Cloud Stack's ManageOne, a cloud management platform (CMP). It helps enterprises centrally manage their private cloud resources as well as public cloud resources and provides efficient, fine-grained resource monitoring and management. Data management Huawei Cloud Stack monitors six aspects of data quality: integrity, effectiveness, timeliness, consistency, accuracy, and uniqueness. They leveraged AI to automatically generate quality rules, which has significantly improved the efficiency of data quality operation configuration. Omdia likes the fact that quality rules can be generated based on data standards. Omdia likes the fact that Huawei compares data from different IT systems line by line, enabled by Huawei Cloud Stack's cross-source engines, which also supports statistical result reconciliation and analysis. The accuracy and reliability of data management are enhanced. Security management Huawei Cloud Stack launched a security architecture based on a single center surrounded by seven layers of defense. It is an end-to-end solution covering everything from platform security to tenant security. According to Omdia, the security operations center, which Huawei calls SecMaster, provides real-time monitoring and automated processing. It can help handle 99% of security events automatically. Furthermore, Huawei's cloud native security system is combined with security products from ecosystem partners to ensure full-stack security. A Superior Cloud Foundation for Global Customers Many government organizations and large enterprises have been accelerating digital transformation on the hybrid cloud. By dramatically increasing R&D investment, Huawei Cloud is committed to providing a superior hybrid cloud that can continuously evolve based on the needs of government and enterprise customers. To date, Huawei Cloud Stack helps over 5,500 customers in more than 150 countries and regions get on board with cloud transformation. Huawei Cloud Stack provides a wide array of cloud solutions including smart city, digital government, and digital wallet solutions. They supported over 100 digital transformation projects for the government sector. Moreover, with five international O&M centers, Huawei Cloud Stack is able to provide professional O&M support around the clock to global customers. With its advantages in strategy and execution, solution breadth, and market momentum, Huawei has been enhancing its position as a global leader in cloud computing. With continuous innovation, Huawei Cloud Stack provides a comprehensive cloud computing solution for global enterprises, enabling them to stay ahead in digital transformation and enhance market competitiveness. Huawei will continue to invest more in technology, ecosystems, and services in the global market, offering more secure and convenient cloud services while deepening collaborations with global partners. They look forward to helping customers worldwide move to, use, and manage cloud with ease.
HONG KONG, Feb. 14, 2025 /PRNewswire/ -- On 12 February 2025, S&P Global released the Sustainability Yearbook 2025. Fosun International Limited (HKEX Stock Code: 00656, "Fosun International") was successfully selected into the yearbook for the second consecutive year for its continuous efforts in environmental, social and governance (ESG). Now in its 21st year, the S&P Global's Sustainability Yearbook continues to provide investors with quantifiable sustainability performance evaluation by providing insights based on comprehensive, detailed, and credible data. This year, 7,690 companies across 62 industries were assessed in the 2024 Corporate Sustainability Assessment (CSA), with 780 companies ultimately selected for inclusion in the Sustainability Yearbook 2025. Notably, only 10 companies within the industrial conglomerates sector were selected. Due to its ongoing commitment to ESG initiatives, Fosun International's S&P Global CSA score has improved annually since 2018, positioning it as an industry leader. In the 2024 S&P Global CSA, Fosun International scored an excellent score of 70. As of December 2024, Fosun International ranks in the top 5% among global peers and continues to maintain a leading position in the industry, significantly ahead of the industry average by around 40 points. In the past year, Fosun International also ranked top 1% in the S&P Global's Sustainability Yearbook 2024 (China Edition) and was recognized as an "Industry Mover". In recent years, Fosun International has consistently achieved excellent results in global ESG ratings. As of now, Fosun International's MSCI ESG rating has remained AA since 2021. It received an HSI ESG rating of AA- and has been included in the Hang Seng Corporate Sustainability Benchmark Index for years. Furthermore, Fosun International's FTSE Russell ESG score was consistently higher than the global industry average and it has been continuously selected as a constituent stock of the FTSE4Good Index Series. Looking back on the past, Fosun has always paid attention to the reform and development of the global policies in the field of sustainable development. It has established a comprehensive ESG management system, integrated ESG management requirements into business management over the years, actively responded to national and global strategies in relation to sustainable development, ensured information security, promoted technology innovation, implemented "dual carbon" goals, protected the rights and interests of employees to promote sustainable management and value creation. 2024 marked the 20th anniversary of the United Nations (UN) Global Compact's introduction of ESG concept and principles. Year 2024 also marked Fosun's 10th anniversary as a UN Global Compact member. Since joining the UN Global Compact, Fosun fully supports the ten principles of the UN Global Compact in the areas including human rights, labor, environment, and anti-corruption, ensuring that it conducts business responsibly. At the same time, Fosun actively engages its member companies in the implementation of ESG strategies. In November 2024, Fosun's "Rural Doctors Program Empowering Rural Medical Services" was recognized as one of the selected cases in the UN Global Compact's "20 Cases of Private Sector's Sustainable Development in China for 20 Years". A panel of UN representatives and academics has announced that the 20 selected best projects are exemplary cases of corporate sustainable development that demonstrate excellence in terms of economic viability, practicality, replicability, innovation, and inclusivity. Looking ahead, Fosun will continue to deepen its core businesses, strengthen innovation, and drive globalization, promoting the long-term sustainable development of its business. By creating lasting value for all stakeholders, Fosun remains committed to fulfilling its mission of "Creating happier lives for families worldwide". About S&P Global Corporate Sustainability Assessment The S&P Global Corporate Sustainability Assessment (CSA) was launched in 1999 and has developed into the world's leading corporate sustainability assessment tool and database. As one of the oldest and largest global corporate sustainability assessments, S&P Global CSA covers sustainability assessment standards in 62 different industries, quantifying the information disclosure and performance of companies on various related issues in three dimensions: environment, society, governance and economy, thereby comprehensively reflecting the company's sustainable development management level.
JARKATA, Indonesia, Feb. 14, 2025 /PRNewswire/ -- The ASEAN Foundation, supported by Google.org, successfully hosted the 1st Regional Policy Convening of AI Ready ASEAN at ASEAN Headquarters/ASEAN Secretariat, Jakarta, Indonesia, on 12 February 2025. This event served a key milestone in the implementation of the AI Ready ASEAN initiative, bringing together key stakeholders to foster dialogue and shape policies that will drive AI literacy and innovation across the region. At the regional forum, policymakers, AI practitioners, and local implementing partners (LIPs) from across ASEAN explored collaborative approaches to developing regulatory frameworks and policy initiatives aimed at accelerating responsible AI adoption, bridging AI literacy gaps, and unlocking opportunities in Southeast Asia. Key stakeholders include H.E. Prof. Stella Christie, the Vice Minister of Higher Education, Science and Technology of Indonesia, H.E. Nararya S. Soeprapto, Deputy Secretary-General of ASEAN for Community and Corporate Affairs, H.E. Ambassador Bovonethat Douangchak, Chair of the Board of Trustees of the ASEAN Foundation and Permanent Representative of Lao PDR to ASEAN, Dr. Piti Srisangnam, Executive Director of the ASEAN Foundation, and Putri Alam, Director of Government Affairs and Public Policy at Google Indonesia. To explore ASEAN's AI landscape, the importance of ethical frameworks, and strategies to deliver AI programmes in local communities, the event featured panel discussions with Andreas Tjendra, Director AI Innovation of KORIKA, Dr. Sak Segkhoonthod, Executive Advisor of Electronic Transaction Development Agency (ETDA) and AI Governance Center of ETDA, Agung Pamungkas, Government Affairs and Public Policy Manager of Google Indonesia, Ilan Asqolani, Senior Programme Manager of ASEAN Foundation, Rajeshpal Singh, Director for Mastercard's Digital Trust Centre of Excellence APAC, Hazremi Hamid, Senior Officer of Digital Economy Division of the ASEAN Secretariat, and Dr. Yeni Herdiyeni, Head of Artificial Intelligence Study Programme of IPB University. The discussions were moderated by Dr. Piti Srisangnam and Mahmudi Yusbi, Head of Strategic Planning and Business Development of the ASEAN Foundation. "With the rapid advances in AI and machine learning, it's more important than ever that young people, educators and parents understand the ways it impacts their lives, the role it will play in their future, and the opportunities it affords. Google.org is a proud supporter of the ASEAN Foundation' AI Ready ASEAN programme, focused on helping young people and inspiring the next generation of AI innovators to use the technology to make a positive impact in society. This support reflects our commitment to help everyone in the region benefit from the AI Opportunities," said Marija Ralic, Google.org Lead. This convention also marked the official commencement of the AI Ready ASEAN initiative, launched in October 2024, which aims to enhance AI literacy in ASEAN member states. With a USD 5 million grant from Google.org, the 2.5-year programme aims to equip 5.5 million individuals with essential AI skills. The 5th ASEAN Digital Ministers' Meeting held on 16-17 January 2025 in Bangkok, Thailand, reinforced the region's commitment to advancing digital transformation and fostering collaboration among policymakers, industry leaders, and experts. Key discussions focused on leveraging AI to unlock ASEAN's digital economy potential, develop interoperable data protection standards, and promote a secure, inclusive, and innovative digital ecosystem. The meeting also emphasised the vital importance of safeguarding personal data to build trust and inclusivity within the region's digital landscape. As a trusted partner of Google.org, the ASEAN Foundation joined four other key partners from Southeast Asia at this esteemed forum. Presenting the AI Ready ASEAN programme to the ten ASEAN Digital Ministers, the Foundation received resoundingly positive feedback for its role in promoting digital literacy and empowering communities to thrive in an AI-driven future. The forum reaffirmed the shared vision of a digitally connected and inclusive ASEAN, driving innovation and prosperity for all. The policy meeting will contribute to the goals of the ASEAN Digital Masterplan 2025 and ASEAN Digital Economy Framework Agreement, which aim to build an inclusive and sustainable digital economy for ASEAN. It also complies with the ASEAN Guide on AI Governance and Ethics, which provides member states guidelines on AI adoption, emphasising fairness, transparency, and accountability. It is the first out of the four regional events under the AI Ready ASEAN programme. It is also the first of the five key activities, which include trainer training, advanced education, a regional AI awareness campaign, national and regional dialogues, and in-depth AI research across the region. "As we move into a future shaped by new ideas and technology, it's important that every community, no matter where they are, has the knowledge and skills to succeed in the age of AI. With the AI Ready ASEAN program, we are dedicated to helping young people, teachers, and families across the region, making sure no one is left behind as AI evolves. By working together, we can close the gap in access to technology and help everyone in ASEAN benefit fully from AI," said Dr. Piti Srisangnam, Executive Director of the ASEAN Foundation. The convention proved timely, as the growth of AI and the adoption of digital technologies will triple ASEAN's digital economy, growing from approximately USD 300 billion to almost USD 1 trillion by 2030. Policies in the Digital Economy Framework Agreement are expected to double the projection, boosting the economy to USD 2 trillion. Despite the momentum, AI's maturity in the region remains polarised. The digital divide poses challenges such as poor internet connection and lack of digital literacy programs, slowing down the region's ambitions to become a premier AI hub. This manifests in the region's varying level of AI readiness among member states. While Singapore leads the region and ranks second out of 190 countries globally in the Government AI Readiness 2024 Index, Lao PDR, Cambodia, and Myanmar are still in the early stages of AI adoption, ranking at 136th, 145th, and 149th place respectively. A discussion paper from the Economic Research Institute for ASEAN and East Asia revealed the importance of implementing "policies in bridging the gap to maximise the potential benefits of AI in the region." To address the disparities, the study urges member states to make collective efforts both among themselves and within their own countries. This call to regional action aligns with the measures and initiatives explored during the convention, geared towards accelerating AI adoption and boosting AI literacy among the member states. ASEAN Foundation's LIP for Singapore, AI Singapore, believes AI should be made accessible to all, ensuring that individuals—from students to executives—understand and leverage AI in their work. Its narrative revolves around "AI for Singapore, AI for the World", emphasising both local impact and global relevance. AI Singapore champions AI as a key driver of Singapore's future economy, bridging the gap between research, industry, and government to drive AI adoption, innovation, and talent development. The Regional Policy Convention on AI Readiness marks a pivotal step toward democratising AI across ASEAN. By fostering collaboration, knowledge-sharing, and the development of essential policies, the initiative aims to bridge the AI divide and pave the way for a more inclusive and innovative future. In the next two days, LIPs of AI Ready ASEAN will continue their learning journey with a hands-on masterclass led by Code.org, which explored foundational AI concepts and practical strategies to overcome challenges in AI education. The experience was further enriched by a visit to Google Indonesia's office, where participants witnessed real-world AI applications, gaining valuable insights and deepening their technical understanding of machine learning. About the ASEAN Foundation Three decades after ASEAN was established, ASEAN leaders recognised that: there remained inadequate shared prosperity, ASEAN awareness and contact among people of ASEAN. It was of this concern that ASEAN leaders established the ASEAN Foundation during ASEAN's 30th Anniversary Commemorative Summit in Kuala Lumpur Malaysia on 15 December 1997. ASEAN Foundation is an organisation from and for the people of ASEAN. The Foundation exists because of one vision: to build a cohesive and prosperous ASEAN Community. As an ASEAN body, the Foundation is tasked to support ASEAN mainly in promoting awareness, identity, interaction, and development of the people of ASEAN. For more info about the ASEAN Foundation, visit: www.aseanfoundation.org
As a reminder, Aquarius' innovative systems generate and supply clean electricity, designed to enable ultra-fast charging for electric vehicles in the rapidly growing EV market. Aquarius' systems are smaller and more efficient than existing market solutions and do not depend on the power grid. According to Gal Fridman, CEO of Aquarius: "This report unequivocally proves that Aquarius has the right solution at the right time in terms of structure, efficiency, and quality. Aquarius continues to lead the revolution in innovative engines and solidify its position in the technology market. With groundbreaking performance, operational flexibility, and a significant competitive advantage, the company anticipates growing interest in AQ engines from various industries." TEL AVIV, Israel, Feb. 14, 2025 /PRNewswire/ -- Aquarius Engines (TASE: AQUA) is pleased to announce that it has received a performance assessment report for the AQ 150 engine, conducted by BTD (Breuer Technical Development), an independent third-party expert. The report, based on technological validation testing at an external engineering service company, confirms that the Aquarius Engine offers substantial advantages in size, weight, efficiency, and multi-fuel capability. In the picture: Gal Friedman, CEO and founder of Aquarius Engines, together with the engine developed by the company. Key Findings: The company has begun producing the first units of the Aquarius engine, the AQ dr engine, the first of its kind in the world. The engine concept is modular. From the 6-cylinder engine, derivatives such as a single cylinder or 3 cylinders can be built. The engine has been tested running on LPG in a single-cylinder configuration, with measurements used for simulations across other models. With minimal modifications, the engine is expected to operate on hydrogen and CNG as well. In a six-cylinder configuration, at 3,000 RPM, the engine is projected to achieve an efficiency of 40%. The Aquarius Engine is remarkably lightweight and compact compared to similar engines from leading global manufacturers. When compared to the four leading engine manufacturers worldwide, the Aquarius Engine demonstrates 25% greater efficiency than the best-performing engine on the market. BTD confirms that Aquarius holds unique and essential innovations that fill significant gaps in the market. It is important to note that the forecasts regarding engine performance and commercial implementation are based on current data but are subject to external factors beyond the company's control and may change. The company will continue to update on developments. Contact: odedm@aquariusengines.com
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