XLD Finance introduces OmniX solution for cryptocurrency disbursements

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August 3, 2022

Newest cryptocurrency solution enables token disbursements in a few clicks

SINGAPORE – Media OutReach – 3 August 2022 – With the migration toward digital payments and the accelerated rise of cryptocurrency, XLD Finance introduces OmniX, a new service enabling its users to experience a web-based multi-tool for cryptocurrency disbursements.

Built on the same XLD Finance ecosystem as xSpend (an off-ramping tool that enables users to buy prepaid mobile credits, and pay bills using crypto), OmniX aims to relieve users and companies from the time-consuming process of unscalable one-to-one transactions. By facilitating a convenient, safe, secure, and scalable platform to manage cryptocurrency disbursements across chains, OmniX enables companies to improve their online disbursements experience.

Hassle-free Cryptocurrency Disbursements Solution

In just three clicks, guild managers, crypto businesses, and anyone with a Metamask and Ronin wallet can compensate cryptocurrency of up to thousands of people with OmniX’s multi-chain and multi-token payment disbursement solution. Users can also easily disburse crypto after signing up without any other requirements.

“OmniX will help both disbursers and receivers to manage disbursements, and so much more. We intend to build a solution that allows users the freedom to not only disburse in crypto, but also interact with other XLD ecosystem elements. Our focus is to create a simple, user-centric tool,” shared Muthamma Malanda, Product Director of OmniX.

OmniX allows managers to set customizable payroll groups and multiple earning share rates across different levels. It also enables payments made in preferred cryptocurrencies across three chains, with more coming on the road map. Here are several key benefits of OmniX for its users:

Fast: Users can simply connect their crypto wallet to enjoy quick batch transactions.
Flexible: Users can schedule fixed salary and automated game revenue share payouts, or one-time CSV upload functions.
Organized: Users can manage payroll groups and track high-level or granular payment insights.
Automated: Users get automatic calculations for revenue share and schedule payments.
Scalable: Users can pay up to a few thousand people in a single transaction.
Low-Cost: Users can pay minimal fees for bulk transactions.

OmniX Announces Industry Partnerships

OmniX has also recently teamed up with NFT Gaming Guilds for Axie Infinity, such as Axie University, NFT XStreet, MVP Guild, Sandovibes, and United Gamers Guild so managers can enhance their team’s cryptocurrency experiences, and serve their members with more robust payment options. OmniX has also confirmed its upcoming strategic partnerships with businesses and crypto projects, including Metaverse Go, Metacare, United Gamers DAO to make payroll easier.

“Our vision is to enable managers, both guild and payroll alike, to save time and efficiently manage payees across different streams from a single dashboard. We want to support managers by adding more games, tokens, and features as quickly as possible,” said Ian Estrada, Co-Founder and CEO of XLD Finance.

“Payroll has always been a time sucker for us. OmniX has helped us to pay our employees so much faster and so much more efficiently, making my job so much easier. We’ll never do payments one-by-one ever again,” said Carla, Head of People and Culture, MetaverseGo.

Cryptocurrency is being embraced by more teams and organizations as it becomes more mainstream each year. Through OmniX, XLD Finance is looking to fast track that adoption through the simplification of disbursement services. Visit the OmniX website at OmniX.finance, and experience the future of disbursement.

Hashtag: #XLDFinance #OmniX

About OmniX

OmniX is a web-based multi-tool for cryptocurrency disbursements that provides companies and guilds a convenient, safe, secure, and scalable platform to manage cryptocurrency disbursements across chains in a matter of clicks.

About XLD Finance

XLD Finance is the borderless decentralized ecosystem that provides financial services across emerging economies. XLD Finance exists to modernize the delivery and infrastructure of financial services to provide all users and institutions with simple and dependable financial tools built on decentralized technology.

Trend Micro’s Zero Day Initiative Extends Leadership in Public Vulnerability Disclosures

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Laotian Times

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August 3, 2022

ZDI increases vulnerability market coverage for fifteenth year in a row

HONG KONG SAR – Media OutReach – 3 August 2022 – Trend Micro Incorporated (TYO: 4704; TSE: 4704), a global cybersecurity leader, today celebrated the success of its Zero Day Initiative (ZDI), which was responsible for nearly 64% of all vulnerabilities disclosed in 2021, according to Omdia.

To read a full copy of the report, Quantifying the Public Vulnerability Market: 2022 Edition, please visit: https://www.trendmicro.com/explore/omdia-research

Brian Gorenc, senior director of vulnerability research for Trend Micro: “Having led the charge since the very first market analysis in 2007, the ZDI has expanded its volume of vulnerability disclosures for the fifteenth successive year. Our vulnerability research is second to none globally, both pre-and post-disclosure. In the ongoing race against malicious actors, we are proud to lead the industry in helping make the digital world a safer place.”

Omdia provided an independent comparative analysis of 11 global organizations that publicly research and disclose vulnerabilities, analyzing a total of 1,543 vulnerabilities disclosed and assigned a CVE in 2021.

Of the 984 vulnerabilities submitted by Trend Micro’s ZDI, 48 were critical, 723 were classified as high severity, and 129 were medium severity.

The results show the ZDI disclosed and managed over three times more vulnerabilities than its nearest rival and remains the world’s largest vendor-agnostic bug bounty program for the 14th consecutive year.

There was also positive news for the wider industry. Every vulnerability discovered and responsibly disclosed reduces the opportunity for malicious actors to craft surprise zero-day attacks. So the year-on-year increase in the total number of vulnerabilities disclosed by all 11 vendors is to be welcomed. This figure climbed 12% from 1,378 in 2020.

Tanner Johnson, principal analyst for Omdia: “This year’s data also revealed that monitoring software was responsible for the largest number of vulnerabilities submitted. This is another positive sign, as more organizations utilize this software to identify threats faster. ”

The average impact score of vulnerabilities has also increased year-on-year over the past three years, which means that the vulnerabilities disclosed could have a bigger impact if exploited. CVEs added to the US National Vulnerability Database (NVD) hit a record high for the fifth successive year in 2021.

Hashtag: #TrendMicro

About Trend Micro

Trend Micro, a global cybersecurity leader, helps make the world safe for exchanging digital information. Fueled by decades of security expertise, global threat research, and continuous innovation, Trend Micro’s cybersecurity platform protects hundreds of thousands of organizations and millions of individuals across clouds, networks, devices, and endpoints. As a leader in cloud and enterprise cybersecurity, the platform delivers a powerful range of advanced threat defense techniques optimized for environments like AWS, Microsoft, and Google, and central visibility for better, faster detection and response. With 7,000 employees across 65 countries, Trend Micro enables organizations to simplify and secure their connected world. www.trendmicro.com.hk

World’s Largest Crypto Trading Competition Breaks Records Despite the Bear Market

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Laotian Times

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August 3, 2022

Bybit’s World Series of Trading (WSOT) is the “World Cup of crypto trading”
This year it featured the largest prize pool in history
The crypto trading competition drew a record number of participants

VICTORIA, SEYCHELLES – Media OutReach – 3 August 2022 – The WSOT, the world’s largest crypto trading competition, ended on a high note on July 17 with traders divvying up a record-breaking $8 million prize pool. After 20 days of intense competition, the best traders stacked up profits of over 10,000% despite tough market conditions.

Nearly 70,000 traders entered this year’s competition, keen to showcase their skills at what has become the crypto trading equivalent of the World Cup. There was double the number of entrants compared to 2021’s event, unlocking a prize pool that was 100% larger than last year.

The prize pool was divided into three separate categories. The Squad Race offered $6 million, with the Solo Race, and Speed Zone Loot events offering $1 million each. On top of this, Bybit gave away over 1,000 bonus NFT prizes, which included valuable CloneX and Mutant Ape Yacht Club NFTs.

The enthralling contest has once again captivated the crypto community, demonstrating the resilience of emerging digital markets in times of uncertainty. Traders from over 1,000 squads covering 182 regions battled it out, with Korean titans Maeuknam_Team making up the largest team with 3,241 members, followed by Sniper Squad, and Streamer_Satto with 2,565 and 2,232 members respectively.

It takes creativity and bravery to win a trading competition, which is why Bybit continued its partnership with UNICEF with another donation of $400,000 in BTC. Bybit is proud to support UNICEF and its work to provide equal access to education and empower girls’ education in East Asia and the Pacific. Additionally, the contribution will enhance, scale up, and implement a STEAM (Science, Technology, Engineering, Arts and Mathematics) education pilot program focused on girls in a remote mountainous province in Vietnam.

“This year I’ve been bowled over by the success of the WSOT, both in terms of the number of people, and the community spirit of the event,” said Ben Zhou, co-founder and CEO of Bybit. “This competition demonstrated the unwavering faith of crypto enthusiasts all over the world; it’s a beacon of hope in the bear market.”

The competition phase of WSOT 2022 has concluded, and will be followed by the WSOT Afterparty:
https://blog.bybit.com/en-US/post/-wsot-afterparty-free-apex-nfts-cashback-rewards-100-000-usdt-prize-pool-await–blt2dca90172862a000/

Hashtag: #Bybit

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. Bybit is a proud partner of Formula One racing team, Oracle Red Bull Racing, esports teams NAVI, Astralis, Alliance, Virtus.pro, Made in Brazil (MIBR) and Oracle Red Bull Racing Esports, and association football (soccer) teams Borussia Dortmund and Avispa Fukuoka.

For more information please visit: https://www.bybit.com/

For updates, please follow Bybit’s social media platforms on
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Udokan Copper to cut its carbon intensity up to 75% by 2035

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Laotian Times

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August 3, 2022

MOSCOW, RUSSIA – Media OutReach – 3 August 2022 – Udokan Copper, the developer of Russia’s largest new deposit, outlined scenarios to cut the carbon intensity of copper production up to 75% by 2035, bringing the Company closer to its ultimate goal of climate neutrality in the long run. The Company publishes its Sustainability Report for 2021, which outlines the results in terms of the environment as well as social and corporate governance (ESG).

Udokan Сopper develops and implements programs aimed at reducing energy consumption and reducing environmental impact as it prepares for the production launch. The Company’s plan to decrease carbon emissions involves the possibility of purchasing low-emissions electricity from power sources such as hydro, wind and solar, as well as its own power generation from renewable sources. It will also study opportunities to switch from coal to less carbon-intensive fuels for heat generation as well as electrification of the mining fleet.

The Company’s ongoing mission is to produce copper as the key metal for building a secure and tech-based future, while taking care of its employees and minimizing its impact on the environment. Udokan Copper’s key priorities are to complete its mining and metallurgical plant on time, within budget and build a reputation as a responsible producer.

In 2021, Udokan Copper invested RUB 764 million (USD 11.5 million) in environmental measures and social programs as the Company prepared to start production at the deposit. Udokan Copper had zero fatalities from 2019 to 2021, while the number of total recordable incidents fell to 14 in 2021 from 23 in 2020, helped by measures such as employee incentives for safe working conditions and staff safety training.

Akylbek Yerkozha, Board Chairman at Udokan Copper, said:

“The Company voluntarily started disclosing data on its contribution to the achievement of the UN Sustainable Development Goals even before the start of operations, at the stage of the construction of its production facilities. The report we are now publishing is our third annual sustainability report.

“In 2021, Udokan Copper implemented a number of important sustainable development initiatives. The Company joined the UN Global Compact, confirming its commitment to the principles of responsible business conduct. We completed the development of our Climate Programme, which included an assessment of planned greenhouse gas emissions for all three scopes (Scopes 1, 2 and 3) and analyzed opportunities to reduce them, with Udokan Copper being the first company in Russia to gain experience in assessing forecast emissions for compliance with the ISO 14064-1:2018 international standard.

“Our climate programme provides for a number of scenarios where the carbon intensity of copper production could be reduced up to 75% by 2035, which would bring the Company closer to climate neutrality in the long run.”

Hashtag: #UdokanCopper

About the Company:

Udokan Copper was established in 2008 to develop the Udokan copper deposit. It is part of the diversified USM holding Company. The Udokan deposit, with copper resources exceeding 26 million tons, is Russia’s largest new deposit. The copper grade in accordance with the JORC Code is 1.05%.

The deposit is located in the Kalar District of the Zabaikalye Territory in Russia’s Far East, 30 km from the Novaya Chara station of the Baikal–Amur railway line. The project will commission a mining and metallurgical plant, with the final products being cathode copper and sulfide concentrate. The production volume will amount to 135,000 tons of copper per year.

Udokan Copper aims to ensure that its products meet top quality and sustainability standards throughout their life cycle.

HR-tech startup EngageRocket announces winners of their Workplace of the Year Awards 2022: Digital transformation that enables human connection is key

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Laotian Times

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August 3, 2022

Amongst the winners are OCBC Bank, NTUC Health, MyRepublic, and Intrepid Group Asia. See the full list of winners here

SINGAPORE – Media OutReach – 3 August 2022 – The Workplace of the Year 2022 Awards, produced by EngageRocket, the APAC’s fastest-growing employee experience technology provider, celebrate the outstanding achievements of organisations for their resilience and the phenomenal work they have done as we move to the post-pandemic recovery phase.

From over 300 applications, a handful of companies have been selected as winners by a panel of 9 judges from various backgrounds of HR and leadership experience in APAC: Mayank Parekh, Chief Executive Officer at IHRP; Alvin Goh, Executive Director at SHRI; Russell Chan, Head of People at Open Government Products; Sylvia Koh, Chief People Officer at CrimsonLogic; Wiwik Wahyuni, Chief Human Resources Officer at Homme Credit; Koeshartanto Koeswiranto, President Commissioner at Asuransi Tugu Pratama and Philippa Penfold, CEO and Co-founder at People Collider.

In today’s environment, it is crucial for companies to stand out as an employer so they can retain top talent. Published in EngageRocket’s latest guide on award-winning best practices, here are the 5 key highlights that make the winners stand out from the crowd:

1. Emphasize on people development, training and future-proofing

Top organizations use multiple channels for L&D, including in-house academies. They also prioritize continuous learning, while tracking and measuring its impact on the bottom line. Besides organization-wide learning, they pay attention to individual career growth and progression, with ample opportunities for horizontal transfers.

“We moved our learning and development to an e-platform and took steps to provide guidance and training for our staff, especially to the elderly to be digitally savvy. This acceleration of changes is necessary and we’re optimistic this will help us to meet the world of the future”

Tanglin Club – GOLD winner of Best Company Culture

2. Build a compelling Employer Value Proposition (EVP)

The best workplaces are characterized by a strong employer value proposition, combining competitive pay, diversity, equity, and inclusion (DEI), and a healthy work-life balance. Importantly, they maintain compensation parity for existing employees and not just for attracting new talent. These winning companies view DEI as intrinsic to the organizational mindset, complete with managerial training to champion DEI initiatives.

3. Embrace digital transformation as a key pillar

Top companies adopt technology for three reasons – to streamline business processes, improve operational resilience, and simplify employees’ lives. Some of the key technologies employed by the award winners include infrastructure improvements, online recruitment tools, and automated platforms to measure and improve employee experiences.

“We developed an in-house certification program developed with the goal to equip our workforce with the technical knowledge and skills required to be an expert in our Cloud products. This intensive course is also available on demand, so that our professionals could access and complete the course according to their own schedule.”

Check Point Software Technologies – SILVER winner of Employer of Choice

4. Invest in stronger human connections

These top organizations put employees first, because they understand that businesses succeed only when their people thrive. They pay close attention to what employees say, think, and do, through continuous listening. Based on this, they initiate timely follow-up actions to deliver a winning employee experience.

“People are at the heart of all that we do. We are driven by the purpose to help our employees develop and craft their career experience together with Intrepid Group.”

Intrepid Group Asia – GOLD winner of Employer of Choice

5. Track and measure people initiatives’ efficiency

The ability to measure employee experience is a common thread across award winners. Specifically, they have a culture of continuous listening. One key highlight is the emphasis on collecting employee feedback, such as through the usage of pulse surveys and annual engagement surveys. This allows them to be in touch with their people’s motivations and sentiments at key moments in the employee journey.

If you would like more information about the best practices, visit this page.

Hashtag: #EngageRocket

About EngageRocket

EngageRocket is APAC’s fastest-growing employee experience technology provider that empowers companies to enable human connections at scale. Companies across 14 countries and 20 industries such as Sephora, StarHub, Love Bonito and Epson use EngageRocket to drive sustainable people and business outcomes with relevant and timely people insights.

Learn more at www.engagerocket.co