DUBAI, UAE, Feb. 13, 2024 /PRNewswire/ — Bybit, one of the world’s top three crypto exchanges by volume, is proud to announce upcoming events as part of its partnership with DMCC (Dubai Multi Commodities Centre), which has been a driving force in shaping the future of the crypto and Web3 landscape, after the signing of a Memorandum of Understanding (MOU) in June 2023.
A Look Ahead
Bybit and DMCC are set to host a special side event in April, during the Token 2049 in Dubai, marking Dubai’s ascent as a hub for digital assets. DMCC will also play a key role in Bybit’s fifth “Let Web3 Happen in Dubai” series on Feb. 19, delving into legal compliance, Decentralized Autonomous Organizations (DAOs), and Real World Assets (RWA). The partnership between Bybit and DMCC aims to elevate Dubai’s status as a global leader in blockchain and Web3 innovation, providing support and resources to industry pioneers.
Crypto Academy: Elevating Blockchain Education
In 2023, we set a new benchmark in blockchain education with the launch of the DMCC x Bybit Masterclass, offering unparalleled entrepreneurial guidance. This year, we’re taking a giant leap forward with the introduction of the Bybit Web3 Academy. We’re excited to extend an invitation to DMCC to collaborate once more on this pioneering educational initiative.
Over the course of the partnership, Bybit has been DMCC’s strategic partner, directing a plethora of projects over the past year. One remarkable occasion was the “Web3 Unleashed: Crypto Innovation Challenge” hackathon in November — the largest of its kind in the MENA region and featured a $100,000 prize pool. From over 100 applicants, 10 teams showcased their innovations, covering GameFi, decentralized finance (DeFi), Web3 infrastructure, Web3 Education, and sustainable blockchain solutions during the hackathon’s final stage.
In October 2023, at the Future Blockchain Summit in Dubai, Bybit and DMCC’s booth was more than just a display; it was a window into the concept of The Crypto Ark, where anyone who wants to be part of Web3 can find a home. Their shared space was a tangible representation of two titans in the crypto realm.
Financial support was another cornerstone of this partnership, with Bybit committing AED 500,000 to aid 15 emerging crypto businesses. Four companies have already been connected through DMCC, with collaboration and support processes well underway. The “Web3 Unleashed: Crypto Innovation Challenge” epitomized the partnership’s impact, drawing in over 100 applicants, shortlisting 10 for the final demo day, and selecting three winners to share a prize pool sponsored by Bybit and other partners.
Ben Zhou, co-founder and CEO of Bybit, reflected on the partnership’s success, stating, “Our joint efforts with DMCC have laid the groundwork for future crypto innovators. We’ve seen firsthand the impact of fostering a supportive ecosystem where emerging talents can thrive. Bybit is committed to continually setting the stage for the next generation of crypto projects.”
#Bybit / #TheCryptoArk / #BybitDMCC
Headquartered in Dubai, DMCC is the world’s most interconnected Free Zone, and the leading trade and enterprise hub for commodities. Whether developing vibrant neighborhoods with world-class property like Jumeirah Lakes Towers and the much-anticipated Uptown Dubai, or delivering high performance business services, DMCC provides everything its dynamic community needs to live, work and thrive. Made for Trade, DMCC is proud to sustain and grow Dubai’s position as the place to be for global trade today and long into the future. www.dmcc.ae
Bybit is one of the world’s top three crypto exchanges by volume with 20 million users established in 2018. It offers a professional platform where crypto investors and traders can find an ultra-fast matching engine, 24/7 customer service, and multilingual community support. Bybit is a proud partner of Formula One’s reigning Constructors’ and Drivers’ champions: the Oracle Red Bull Racing team.
For more details about Bybit, please visit Bybit Press.
For media inquiries, please contact: [email protected]
For more information, please visit: https://www.bybit.com
For updates, please follow: Bybit’s Communities and Social Media
Newmark Group Reports Fourth Quarter and Full Year 2023 Financial Results
Conference Call to Discuss Results Scheduled for 10:00 a.m. ET Today
NEW YORK, Feb. 22, 2024 /PRNewswire/ — Newmark Group, Inc. (Nasdaq: NMRK) (“Newmark” or “the Company”), a leading commercial real estate service provider to large institutional investors, global corporations, and other owners and occupiers, today reported its financial results for the three months and year ended December 31, 2023.
A complete and full-text financial results press release, including information about today’s financial results conference call and Newmark’s dividend declaration, is accessible in the “Media” section at https://nmrk.com. It is also available directly at any of the following web pages:
https://ir.nmrk.com (PDF version of the full press release, PDF of a quarterly results investor presentation, and supplemental Excel financial tables)
https://ir.nmrk.com/investors/news-releases/financial-and-corporate-releases (Links to the PDF version of the full press release, PDF of a quarterly results investor presentation, and to Excel financial tables)
https://nmrk.com/media (PDF version of the full release only)
(Note: If clicking on the above links does not open a new web page, you may need to cut and paste the above URLs into your browser’s address bar.)
Today’s conference call is expected to contain forward-looking statements with respect to the Company’s financial outlook.
Newmark Group, Inc. (Nasdaq: NMRK), together with its subsidiaries (“Newmark”), is a world leader in commercial real estate, seamlessly powering every phase of the property life cycle. Newmark’s comprehensive suite of services and products is uniquely tailored to each client, from owners to occupiers, investors to founders, and startups to blue-chip companies. Combining the platform’s global reach with market intelligence in both established and emerging property markets, Newmark provides superior service to clients across the industry spectrum. For the year ended December 31, 2023, Newmark generated revenues of approximately $2.5 billion. Newmark’s company-owned offices, together with its business partners, operate from approximately 170 offices with 7,400 professionals around the world. To learn more, visit nmrk.com or follow @newmark.
DISCUSSION OF FORWARD-LOOKING STATEMENTS ABOUT NEWMARK
Statements in this document regarding Newmark that are not historical facts are “forward-looking statements” that involve risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements. These include statements about the Company’s business, results, financial position, liquidity, and outlook, which may constitute forward-looking statements and are subject to the risk that the actual impact may differ, possibly materially, from what is currently expected. Except as required by law, Newmark undertakes no obligation to update any forward-looking statements. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see Newmark’s Securities and Exchange Commission filings, including, but not limited to, the risk factors and Special Note on Forward-Looking Information set forth in these filings and any updates to such risk factors and Special Note on Forward-Looking Information contained in subsequent reports on Form 10-K, Form 10-Q or Form 8-K.
Singularity Closes $2.2M in Latest Funding Round to Provide Institutions Confidential Access to DeFi
DENVER, Feb. 22, 2024 /PRNewswire/ — Singularity, founded in late 2022, has successfully concluded its second funding round at the end of 2023, with this round led by Gumi Cryptos Capital. The funding will support the development of its protocol, aimed at facilitating compliant access to DeFi as well as ensuring commercial confidentiality for all on-chain activities, with an emphasis on institutional users.
Notable participation from investors such as Nomura’s digital asset subsidiary Laser Digital, Eureka Partners, and previous round investors including Apollo Crypto, Digital Asset Capital Management, and Gandel Invest, underscores top tier institutional and Venture Capital firms’ confidence in Singularity’s vision. With this latest round, Singularity has raised close to US$4 million since its inception.
Singularity is leading the way in developing a KYC/KYB-compliant institutional DeFi access layer, providing access to leading protocols for on-chain institutional participants while prioritizing commercial confidentiality. Users can seamlessly access existing on-chain liquidity and conduct transactions within Singularity, all while benefiting from on-chain anonymity by utilizing advanced zero-knowledge technology.
The initial cohort of institutional users comprises a significant portion of Singularity’s investors, spanning liquid funds, asset managers, and venture capitalists. Singularity stands as one of the first DeFi infrastructure protocols leveraging Noir-based zero-knowledge circuits. Noir is a domain-specific language for SNARK proving systems developed by Aztec Labs. It serves as a universal language for zero-knowledge (ZK) circuits. Users can have confidence in the commercial confidentiality of their on-chain activity protected by state-of-the-art cryptography.
“We look forward to launching in the coming months with our early institutional users. We focused on designing and building in 2023, and, in what was a very difficult year for primary markets, our investors’ commitments validate the institutional need to transact on-chain without information leakages” said Jemma Xu, co-founder of Singularity, “We have an exciting product roadmap ahead with more integrations and multichain deployments. Our immediate focus is on growing our institutional user base.”
“We are proud to support Singularity in their efforts to advance DeFi accessibility. Singularity addresses a crucial need in the market, providing institutional users with both the compliance and the commercial confidentiality necessary to participate in DeFi. We look forward to partnering with Singularity in this journey,” said Miko Matsumura, Managing Partner at Gumi Cryptos Capital.
“We are excited to support Singularity on its journey to bring private and compliant DeFi accessibility to institutions.” said Jez Mohideen, CEO of Laser Digital.
Users can both leverage the underlying existing on-chain liquidity and transact within the Singularity, obfuscating both wallet addresses and order details. At launch, Singularity will be integrated with some of the major DeFi protocols and will continue to grow its integrations to provide users with a diversity of on-chain strategies.
Singularity, a protocol developed by PG Foundation, is a compliant institutional DeFi access layer that provides access to popular protocols for institutional on-chain participants with commercial confidentiality. Users will have their wallet addresses obfuscated whilst leveraging existing DeFi liquidity. Singularity uses the state-of-the-art UltraPLONK proof system with zero-knowledge circuits based on Noir.
Kakao Brain Debuts ‘KARA-CXR’, a Web-Based Radiology Report Service Powered by Large-Scale AI
“AI Assistant for Radiologists”
- Kakao Brain introduced last month a web-based radiology report Research Use Only (RUO) service powered by its large-scale artificial intelligence (AI), “KARA-CXR.”
- Kakao Brain plans to expand the interactive functions supporting various imaging medical examinations through the advancement of large-scale multi-modal generation AI technology.
SEOUL, South Korea, Feb. 22, 2024 /PRNewswire/ — Kakao Brain has unveiled the research use only (RUO) web-based solution powered by “KARA-CXR” (short for “Kakao Brain AI for Radiology Assistant-CXR”), a large-scale AI algorithm that instantly generates preliminary radiology reports for doctor’s review when chest X-ray images are uploaded onto the web.
Through this user-friendly and seamless solution, medical researchers can experience various functions such as: receiving two types of AI interpretations of chest X-ray images together (a simple report and a detailed full report); ability to upload multiple DICOM files at once and receiving multiple reports simultaneously; and being able to share the AI interpretations within the research group or medical community. It also features compliant security measures that anonymize and protect any personal information contained in DICOM files.
Kakao Brain started developing ‘KARA-CXR’ in 2022, collaborating with 11 leading university hospitals and large medical institutions. Partners include: Ewha Womans University Medical Center (Seoul, Mok-dong), Ajou University Hospital, Soonchunhyang Medical Center (Cheonan, Gumi, Seoul), Chungnam National University Hospital, Chungbuk National University Hospital, Keimyung University Dongsan Medical Center, Inha University Hospital, Dongguk University Ilsan Hospital, among others. ‘KARA-CXR’ has analyzed over 16 million chest X-ray images and readings. KARA-CXR is built on Kakao Brain’s healthcare-specialized large-scale generative AI model, and the research team is preparing to publish the results in influential academic journals.
Kakao Brain is preparing to obtain the European Union certification and seek approval from the US FDA and Korean Ministry of Food and Drug Safety. Kakao Brain is committed to the expansion of AI-powered radiology solution to address the inefficiency in the existing interpretation and reporting process, a shortage of radiologists, and to unburden healthcare professionals from the increasing workload. As an RUO tool, KARA-CXR is currently available for research use only and is not intended to diagnose, treat, cure, or prevent any disease.
Kim Il-doo, CEO of Kakao Brain, stated, “As KARA-CXR was developed using high-quality data and the latest technology involving large-scale learning and generative AI, I hope that it will eventually play a great role in enhancing the workflow for the radiologists, not to mention improving the efficiency of chest x-ray image interpretation.” He also added, “We are planning to go beyond generating AI interpretations of chest X-rays by expanding the algorithms to include interactive functions that support a variety of medical imaging tests, by utilizing the advanced large-scale multi-modal generative AI technology.”
Kakao Brain is a Korea-based global AI technology company. Founded in 2017, Kakao Brain aims to develop AI technology that will change people’s lifestyle and embraces the challenge of asking the ‘Unthinkable Question’ to spark innovation, allowing everyone to live better lives. Kakao Brain has developed numerous innovative AI technologies and services designed to enhance people’s quality of life through continuous technological innovation. These include the large-scale language model KoGPT and the image generation model Karlo. Additionally, Kakao Brain contributes to the development of the AI technology community by releasing ‘Coyo,’ a dataset consisting of approximately 740 million images and text. More information about Kakao Brain can be found on their official website: https://KakaoBrain.com/.
- Newmark Group Reports Fourth Quarter and Full Year 2023 Financial Results
- Singularity Closes $2.2M in Latest Funding Round to Provide Institutions Confidential Access to DeFi
- Kakao Brain Debuts ‘KARA-CXR’, a Web-Based Radiology Report Service Powered by Large-Scale AI
- BSV Begins Technical Testing of Teranode: A Watershed Blockchain Upgrade
- XTX Markets announces launch of new machine learning division ‘XTY Labs’ headed by Dr. Atlas Wang
- Primo Water Reports Full-Year And Fourth Quarter 2023 Results
- iokoo: The Revolutionary Alliance of AI and Human Expertise in Computer Troubleshooting
- Bybit Web3 Introduces Airdrop Arcade: The Quest-to-earn Gateway with a Fresh Take on Airdrop Excitement
- Telix 2023 Full Year Results: Inaugural Profit Achieved, Strong Revenue Growth Underpins Investment in Late-stage Pipeline
- Automated, Scalable SME Funding Now Possible Thanks to New Platform from Fintech Factris
- European product recalls break records for fifth consecutive year in 2023
- Ebury and Nium Expand Partnership to Power Cross-border Payments in Brazil
- Finnish digital neobank opens in Sweden and raises the interest rates on fixed-term deposits to a new level
- LenioBio Appoints CTO and CCO to Spearhead Growth and Innovation
- Silent Eight Announces Expansion of Partnership with HSBC To Provide Transaction Screening Solutions
Fintech PR6 days ago
Bybit Web3 Swap Levels Up: Strategic Partnership with SWFT Blockchain Unveils Unprecedented Liquidity and Accessibility
Fintech PR6 days ago
CONSTANTIA FLEXIBLES TO ACQUIRE A MAJORITY OF SHARES OF ALUFLEXPACK AG AND ANNOUNCES PUBLIC TENDER OFFER FOR REMAINING SHARES
Fintech PR6 days ago
Title: Velo Labs’ Orbit Partners with leading POS Networks to Enable Crypto Payments for Over 100,000 Merchants
Fintech PR6 days ago
Bybit Deepens Partnership with SATOS, a VASP License Holder, Establishing Local Office with Open-Door Policy for Crypto Enthusiasts
Fintech PR6 days ago
Global Millennial Capital Raises $20 Million to Fund Transformational Early-Stage Ventures That Empower Future Digital Economies
Fintech PR7 days ago
Cboe NOW LISTS iSHARES BY BLACKROCK ETFs ACROSS ITS ENTIRE GLOBAL EXCHANGE NETWORK
Fintech PR6 days ago
The BSV Association Announces the Implementation of Dynamic Security Enhancements
Fintech PR7 days ago
BIZCLIK MEDIA LAUNCHES FEBRUARY EDITION OF FINTECH MAGAZINE