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Top Crypto Platform Bybit Launches Leveraged Token Products

DUBAI, UNITED ARAB EMIRATES – Media OutReach – 8 April 2022 – Bybit, one of the world’s fastest growing cryptocurrency exchanges, announced the launch of leveraged token products on its spot exchange starting with two Bitcoin leveraged tokens, BTC3L and BTC3S.

These leveraged tokens are short-term investment vehicles that let traders reap the benefits of leverage with no margin, collateral or liquidation risks. They have no margin requirement, offering traders a diversified product that exposes them to greater gains.

In a prominently bull or bear market, leveraged tokens are popular as a diversified trading product that can help make the most out of a volatile market. Each leveraged token is a basket of perpetual contract positions that can be traded on Bybit’s spot exchange. Now, traders can simply buy a leveraged token for exposure to leveraged trades with no fear of margin calls or liquidation.

Bybit’s new leveraged tokens, BTC3L and BTC3S and BTC3, represent long and short trades on BTC with 3x leverage. So, if BTC moves 1% in a day then BTC3L would move 3% for example.

Bybit recommends leveraged tokens as short-term investments. To help users fully understand the product, the platform has more on Bybit Leveraged Tokens here.

“We are thrilled to offer our clients another great trading opportunity in launching leveraged tokens,” said Ben Zhou, co-founder and CEO of Bybit. “We are always looking for ways to help our users capitalize on market opportunities, and leveraged tokens are an excellent addition.”

About Bybit

Bybit is a cryptocurrency exchange established in March 2018 that offers a professional platform where crypto traders can find an ultra-fast matching engine, excellent customer service and multilingual community support. The company provides innovative online spot and derivatives trading services, mining and staking products, an NFT marketplace as well as API support, to retail and institutional clients around the world, and strives to be the most reliable exchange for the emerging digital asset class. Bybit is a proud partner of Formula One racing team, Oracle Red Bull Racing, esports teams NAVI, Astralis, Alliance, Virtus.pro and Oracle Red Bull Racing Esports, and association football (soccer) teams Borussia Dortmund and Avispa Fukuoka.

For more information please visit:

For updates, please follow Bybit’s social media platforms on










#Bybit

The issuer is solely responsible for the content of this announcement.

Laos Confirms 1,842 New Cases of Covid-19

Savannakhet Covid-19 Update

Laos has recorded 1,842 cases of Covid-19 across the country today.

Civil Servant Numbers Culled

Laos Prime Minister's Office
The Prime Minister's Office.

The government of Laos has authorized a quota of only 1,300 new civil servants this year.

BlueArk’s Market Value Surged Over 400% in 6 Months

BlueArk Staking Pool Offers 45% APY for Investors
Achieved a Record-breaking Total Staking Value of HK$100 million in 10 Days

HONG KONG SAR – Media OutReach – 8 April 2022 – BlueArk (“BlueArk” or “the Company”) was officially launched on the 1st of September 2021. Its platform token, BRK, recorded a surge in market value of over 400% in 6 months since its listing. The BlueArk Concept Store was opened on 16 February 2022 in The Peninsula Hong Kong, Tsim Sha Tsui, Hong Kong, making it the first “metaverse concept store” in the city, showcasing a strong line-up of work by renowned artists and partners including The Sandbox, Ruby9100m, Mizuki Nishiyama, Sankuanz, Kwai Bun, Meowdel NFT and South Morning China Post.

As promised in the Company’s roadmap, BlueArk has recently released the highly anticipated BRK Staking Pool, offering an attractive 45% annual percentage yield (“APY”) for investors, securing a total taking value of HK$100 million in 10 days.

BRK Staking Pool recorded rapid growth with a total staking value of over HK$100 million

BlueArk announced the launch of their BRK Staking Pool on BlueArk NFT Marketplace on 23 March 2022 to capture the latest momentum in crypto market development. To become part of the BRK Staking Pool, BRK investors simply have to deposit their assets onto the platform. With a concept similar to that of a fixed deposit with a traditional bank, the BRK Staking Pool allows users to deposit their BRK tokens onto BlueArk at an APY of 45%, a value that exceeds most traditional investments.

Within the first 5 hours of launch, the BRK Staking Pool recorded a total of 24,254,278 BRK (approx. US$130,000) have been deposited, with the amount progressively increasing to 1,421,632,972 BRK (approx. US$8 million) in the first 3 days, representing an increase of 6,200%.

As of 1 April 2022, the BRK Staking Pool achieved a staggering 2,500,000,000 BRK (approx. US$120 million) in 10 days.

Reason behind the success of BRK Staking Pool

Traditional investment products like insurance, banks, funds or real estate provides about a 3-5% profit. This profit is not even able to keep up with inflation. BRK Staking Pool rewards its users according to the duration of staking time on BRK platform with the highest level being a 365-day value lock at Level 7, offering an attractive APY of 45% that exceeds any return from traditional investments.

Another reason behind this record-breaking HK$100 million total staking value is the flexibility of the staking pool. Users are allowed to withdraw their tokens any time and receive tiered rewards, compared to traditional investments that typically require investors to commit to a fixed investment period which may last for years. Investors are often required to make monthly payments for a 5–10-year investment with traditional financial institutions, which adds a lot of pressure to investors, and that also comes with a penalty for any early termination which may add further stress to investors.

The third reason behind BRK Staking Pool’s success is its “credibility”. Since the launch of BlueArk half a year ago, the Company has been delivering what it promises as laid out in its roadmap. This includes the launch of BRK NFT Marketplace, and the opening of the first “metaverse concept store” in Hong Kong. The Company has announced 6 new updates on their social media platform in March, including the listing of BRK token on well-known crypto exchange platform LBank, the launch of BRK Staking Pool, and a weekly public live stream with BlueArk founders on Facebook. With all this ongoing progress, the Company is showing their commitment in the development of BlueArk, giving investors the confidence in the possibilities and potential of the Company.

The final reason will be the potential growth of the Company. Investors will need to lock their BRK tokens on the BlueArk platform to participate in the BRK Staking Pool, which will in turn limit the circulation of BRK tokens in the open market. A limit in circulation will contribute to an increase in value of goods over time. While there is a decrease in circulation of the BRK token, BRK’s value will increase, leading to a FOMO (Fear of missing out) effect on the market. Investors will be increasingly interested to invest in BRK tokens and staking them into the BRK Staking Pool, generating a huge upside for the token’s value.

BRK Staking Pool rewards investors with45% annual percentage yield, incentivizing investors’ contribution to the BRK platform

According to BlueArk’s white paper, he reward comes from 60% of the distributed BRK which are allocated to “participation as mining”. A difference between this and traditional mining is that users can get rewarded through different participations like adding to the ecosystem of the platform. One such example is participating in the staking pool.

Being rewarded by participating in the BRK platform ecosystem is crucial to the development of the project in the long run as investors are in control of their investments and being able to benefit from their BRK investments directly. An increased participation by investors will contribute to a healthy growth of the BRK ecosystem, which gives greater incentives for investors to stay in the ecosystem, building trust and confidence in the platform.

Entering the BlueArk metaverse and immerse in the BRK ecosystem

Users can start by buying BRK tokens on crypto exchange platforms. Like most crypto currencies, users need to trade it with USDT.

USDT is released by Tether. It is the crypto equivalent of USD with the ratio 1:1. Hong Kong users can purchase USDT at a rate of about 7.8 HKD for 1 USDT (depending on the market), and buy BRK using USDT.

Any investors in Hong Kong who would like to know more about the BRK ecosystem can visit The BlueArk at The Peninsula Hong Kong for a face-to-face consultation session with our consultants at the Concept Store.

Between 11 – 25 April 2022, BlueArk is offering a special exchange rate of 7.7HKD for 1USDT in store. New users will also receive a Gummy Villain NFT designed by BlueArk’s Creative Director Dough-Boy. Please refer to BlueArk’s Instagram page for more details.

Besides the USDT offer and a free NFT, BlueArk is collaborating with Ruby9100m on her solo NFT exhibition “Transhumanity”. The exhibition will include digital art pieces, sculptures and accessories. Please visit BlueArk’s Instagram account for details.

About BlueArk

In its simplest term, it as the ark that leads humanity’s imagination and creativity into the metaverse.

BlueArk’s business covers digital art, music, visuals, mixed media, gaming, artificial intelligence, and its concept store. The Company aims at untapping the endless possibilities of creative spaces and opportunities leveraging blockchain, NFTs, artificial intelligence and other technologies. Providing a platform and creating values for imaginative individuals with unlimited creativity. They hope to be the ark that prepares everyone for the next big bang in the near future.

6G, virtual reality, extended reality, artificial intelligence, and blockchain are bringing the virtual world closer to our physical life. With endless possibilities of the metaverse, be prepared for the new world. Be a trendsetter, not a follower.

BRK is the token for BlueArk, through NFTs, DeFi and GameFi concepts, they are building a virtual ecosystem using BRK as its currency. They hope to bring creators into the virtual world where their dreams can be fulfilled. They aim to provide decentralized digital financial system for the metaverse.

BlueArk is currently in the second stage of their blueprint. With a strong, creative and trustworthy team behind the project, they are about to be a strong presence in the crypto and metaverse world. We can’t wait to see the development of this project and where it will lead us.

Please refer to the official platforms of BlueArk for more information about the Company and its latest announcements:
Website:
Telegram:
Instagram:
Facebook:
Discord:
The Blue Ark concept store: Shop BE1&3, Basement Floor, The Peninsula Hong Kong, Salisbury Road, Tsim Sha Tsui, Hong Kong

#BlueArk

Thailand Scraps PCR Tests on Arrival Pending Infection Rates

Thailand scraps PCR test on arrival

The spokesman for Thailand’s Center for COVID-19 Situation Administration has said that RT-PCR tests on arrival are to be scrapped.

Epicor Appoints Lisa Pope as President

HONG KONG SAR – Media OutReach – 8 April 2022 – Epicor, a global leader of industry-specific enterprise software to promote business growth, today announced it has appointed Lisa Pope as President of the company. Pope will continue to lead overall go-to-market strategy and execution, spearheading the company’s cloud-first, market growth initiatives that empower Epicor customers to drive business value in a complex and dynamic world.

Lisa.jpg

Lisa Pope, President of Epicor

“Lisa has been a major force for growth, scale and profitability over the last five years as we pursue our mission to be the Cloud Vendor of Choice for the make, move, and sell economy,” said Epicor CEO Steve Murphy. “Her deep partnership and commitment to customers, as well as unique understanding of the markets we serve, have been hallmarks of her leadership at Epicor, and will continue to set a high standard for how we accelerate momentum and drive results for companies we work with.”

Pope brings more than 25 years of experience in the enterprise resource planning industry, including leadership roles with Oracle, Infor, and QAD. In her tenure at Epicor as part of the executive leadership team, she has been honoured with numerous industry recognitions, including most recently the 2022 “Woman of the Year in Sales” by the Stevie® Awards for Sales and Customer Service. Pope also serves as a Board Member at Pretaa, a sales productivity platform company.

“Epicor is on a journey to help the hardworking companies we serve take advantage of cloud-based technologies to boost profitability and growth,” said Pope. “I am thrilled to continue driving our work with customers and colleagues around the globe to create a world of better business.”

About Epicor

Epicor equips hard-working businesses with enterprise solutions that keep the world turning. For 50 years, Epicor customers in the automotive, building supply, distribution, manufacturing, and retail industries have trusted Epicor to help them do business better. Innovative Epicor solution sets are carefully curated to fit customer needs and built to respond flexibly to their fast-changing reality. With deep industry knowledge and experience, Epicor accelerates its customers’ ambitions, whether to grow and transform, or simply become more productive and effective. Visit for more information.

Epicor and the Epicor logo are trademarks of Epicor Software Corporation, registered in the United States and other countries. Other trademarks referenced are the property of their respective owners. The product and service offerings depicted in this document are produced by Epicor Software Corporation. Results are not guaranteed, and each user’s experience will vary.

#Epicor

The issuer is solely responsible for the content of this announcement.

Employees Caught Faking Covid Test Results 

Covid-19 rapid test kit

Government and private organizations have warned that workers who falsify Covid-19 results will face heavy fines.

Uncontrollable Inflation Reaches 8 Percent in Laos

Lao kip

Laos’ year-on-year inflation rate increased to 8.5 percent in March, the highest recorded in some years.