Sandy Carter drives Unstoppable Domains to revolutionize digital identity ownership through blockchain, ensuring users maintain lifelong control over their domains.She advocates for inclusivity in Web3, leading initiatives to empower women in blockchain and expand access to digital identity solutions. Sandy Carter had never pictured herself at the vanguard of the Web3 revolution when she was...
ARK Invest’s 2,300 BTC inflows signal strong institutional confidence, reinforcing Bitcoin’s role in major investment portfolios.Market indicators reacted positively to ARK Invest’s BTC acquisition, suggesting increased institutional demand and growing interest in Bitcoin’s future. ARK Invest is again in the news after seeing net inflows of 2,300 BTC, valued around $196.26 million. This update upholds...
Swiss National Bank President Martin Schlegel rejects Bitcoin as a reserve asset, citing its volatility and security risks for central banking.Despite global adoption, SNB prioritizes stability and liquidity, dismissing Bitcoin due to cybersecurity concerns and rapid price fluctuations. Martin Schlegel, President of the Swiss National Bank (SNB), has firmly rejected the idea of central banks...
JAKARTA – Bank Indonesias (BI) decision to keep interest rates unchanged is expected to lead to a steady offloading trend in Indonesia’s stock market as the year comes to a close. According to Bella Ghassany, Investment Analyst at Indoasia Asset Management, BI maintained the interest rate at 6% yesterday, primarily to stabilize the value of...
JAKARTA – PT Sinergi Inti Andalan Prima Tbk (INET) is projecting revenue of IDR 42.02 billion for 2025, marking a 20% increase from the expected revenue of IDR 35.02 billion by the end of this year. Muhammad Arief, President Director of INET, expressed optimism about the companys revenue growth next year. This growth is supported...
JAKARTA – Honour Accord Limited (HAL) is set to acquire 80% of PT Aesler Grup International Tbk (RONY) from its two major shareholders, PT Nakula Investama Indonesia (NII) and PT Karimun Jawa Pratama (KJP). Amidst this plan, however, Indonesia Stock Exchange (IDX) authorities have temporarily suspended trading of RONY shares. In a press release issued...
JAKARTA – Modalku Group, a peer-to-peer (P2P) lending platform, has secured an investment of USD 25 million from Cool Japan Fund (CJF), equivalent to IDR 398 billion with an exchange rate of IDR 15,599 per USD 1. Kelvin Teo, Co-founder and Group CEO of Funding Societies | Modalku, expressed optimism that the digital financial services...
JAKARTA – PT Trans Bahtera Pioneer (TBP) will invest IDR 200 billion to purchase six sets of tugboats and barges. This plan is set to be realized within the first year following the joint venture agreement signed between PT Resources Alam Indonesia Tbk (KKGI) and PT Trans Power Marine Tbk (TPMA) on December 18, 2024....
The South Korea stock market headed south again on Thursday, one day after snapping the two-day slide in which it had retreated almost 40 points or 1.4 percent. The KOSPI now rests just above the 2,435-point plateau and it may tick lower again on Friday. The global forecast for the Asian markets remains murky on...
The Japanese stock market has finished lower in five straight sessions, declining more than 1,050 points or 2.7 percent in that span. The Nikkei 225 now rests just above the 38,800-point plateau although it may stop the bleeding on Friday. The global forecast for the Asian markets remains murky on concerns over the outlook for...