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Babel Finance : 2021–2022 Crypto Asset Market Predictions

HONG KONG SAR – Media OutReach – 11 March 2022 – Babel Finance Asset Management’s research specialists are optimistic about the long-term value of crypto assets. Since the currency’s birth, long-term Bitcoin(BTC) investors have profited handsomely, and more and more traditional financial institutions are realizing it. Financial institutions increasingly adopt crypto-asset markets, as seen by the high trade volumes recorded by Babel Finance’s crypto trading division.

The COVID-19 pandemic in 2021 wreaked havoc worldwide, putting people’s lives and livelihoods in jeopardy. However, because of unprecedented monetary stimulus from central banks throughout the world, the cryptocurrency sector achieved a pinnacle boom last year. The total market value of cryptocurrencies soared from US$760 billion in January 2021 to US$2.8 trillion in December, with Bitcoin’s market value eventually settling at US$874 billion after reaching US$1.3 trillion in November.

In light of this, the Babel Finance asset management research team predicts how the crypto-asset markets will develop in 2022 in this paper. The following are some of the report’s significant predictions:

  • Bitcoin’s full-year returns in 2022 will be positive: Despite expectations for a rapid rise in US Fed rates, real cash yields in developed markets will remain negative, making it very difficult to get positive returns in the bond market.
  • The attributes of Bitcoin will gradually transition from a risky asset to a safe-haven asset: As other safe-haven assets lose their appeal, the Babel Finance’s financing team sees investors from emerging economies will seek any safe haven from catastrophic losses out of fear of a sharp devaluation of fiat currencies during 2022.
  • The infrastructure improvement will see CeDeFi usher in an explosive growth period: Aave, currently the largest DeFi lending protocol on the Ethereum network, has launched Aave Pro for institutional investors. Institutions can now enter the decentralized lending market using a whitelist. As wallets and custody services that meet institutional security standards such as MetaMask, Institution, and Fireblocks matured over the past year, the convergence of CeDeFi will also enter an explosive period.

Star fund managers, Wall Street giants, and ordinary investors flocked to the cryptocurrency space. El Salvador was the first country to adopt bitcoin as legal tender in 2021; will other countries follow suit?

The report also highlights 2021 developments and an in-depth analysis of the 2021 crypto-asset market. Babel Finance’s asset management research team is confident that the global economy is still in a state of expansion, and tight monetary policy will not kill the bull market, but it will create great volatility and the opportunities that come with it.

Babel Finance and its experts will continue to monitor crypto-asset market trends and threats. It will look at the regulatory and supervisory implications of the global crypto-assets market to pivot market opportunities and threats. Contact us for a copy of the 2021–2022 Crypto Asset Market Report to learn more about Babel Finance’s findings.

Notes to editors and readers

The report is based on the author’s own research, analysis, and judgment and does not constitute an investment recommendation. Babel Finance assumes no responsibility for any consequences that readers may have.

About Babel Finance

Babel Finance is a global leading crypto financial services provider, offering institutional and HNWI investors professional services covering crypto lending and crypto trading.

The company is backed by prominent investors, including Sequoia Capital China, Tiger Global Management, BAI Capital, Zoo Capital, Dragonfly Capital, and NGC Ventures.

With a business focus in Asia and a business headquarters in Singapore, Babel Finance has established close cooperative relationships with major global exchanges, custodians, investment funds, and mining institutions.


#BabelFinance

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

Laos Revives National Games After Eight-Year Hiatus

The 11th Lao National Games are scheduled for December this year after continued postponement and delays.

Laos and China Sign New Electricity Agreement

Chinese engineers observe work in Yunnan Province.
Chinese engineers observe electrical work in Yunnan Province (Photo: Seetao).

China Southern Power Grid (CSG) signed an electricity agreement with Electricite du Laos (EDL) on Wednesday in a move to set up a shared electricity market in the region.

Fans in Laos Follow Suspicious Death of Thai Actress “Tangmo”

Nida Patcharaveerapong Tengmo
Thai actress Nida Patcharaveerapong, known as "Tengmo."

The death of 37-year-old Thai actress Nida Patcharaveerapong, known as Tangmo, saw new developments last week, with fans in Laos following the story closely.

CSG Inspires Social Impact Through Partnership with We Make Change

Employees lend professional skills and expertise to help combat social issues and affect positive change

DENVER, US – News Direct – 11 March 2022 – CSG®‘s (NASDAQ: CSGS) purpose is to envision, invent and shape a better, more future-ready world. Through community partnerships, the company is giving back and channeling the power of all to make a difference in the communities CSG serve around the world. Today, CSG joined forces with We Make Change, a global volunteering platform that connects skilled volunteers with social enterprises, to host a series of Change Days that allow CSG employees to share their knowledge and skills with social enterprises to help drive social change. Over two Change Day, CSGers dedicated more than 150 hours to support nine social enterprises committed to reducing inequalities and increasing digital inclusion. Most participants signed up to continue their volunteer service with their dedicated social enterprise. In 2022, CSG aspires to reach 40,000 hours of employee volunteer time.

“As a global technology leader, CSG aims to dream bigger, where we create a more connected, inclusive and future-ready world that delivers greater impact for our colleagues, customers, and communities,” said Channing Jones, chief diversity and social responsibility officer, CSG. “By volunteering with organizations like We Make Change, our employees gain a better understanding of critical issues facing our communities while leveraging their experience to drive more meaningful impact. Adding social enterprises to our social impact program empowers us to not only serve with our time and intellectual capital but measure the positive impact CSG is making in communities across the globe. We are proud to think globally and act locally with partners like We Make Change that helps us accelerate real-world progress towards solving some of the most vital issues facing our world today.”

The two CSG Change Days supported a total of nine social enterprises, including:

  • Empowr: Teaches black youth students about software development foundations, how to build simple apps, and critical leadership techniques to showcase how their skills can impact the world and help increase the number of black-owned businesses.
  • Leiho: Connects essential goods to vulnerable communities that are living without them – from socks that help the homeless stay warm to groceries that feed children in need.
  • LocalPurse: Local Purse connects travelers with experienced local guides and artisans globally through virtual cultural and shopping experiences, having a minimal carbon footprint, and providing a sustainable way of supporting the travel industry.
  • ZigWay: Gives low-income families and disadvantaged populations access to the everyday goods and services they need to break free from poverty.

“This Change Day was a game-changing opportunity for Leiho to reignite our confidence and motivation towards making a difference where it truly matters,” said Joey Li, co-founder, Leiho. “Connecting with kind-hearted, sharp-minded CSGers helped us to make our brand messaging clear and concise and inject the transparency we desire for our mission. The added value of having access to the rich skills and expertise Leiho needs to implement greater change is critical for our young organization. CSG’s originality and commitment to our success primed our imagination to evolve Leiho for massive social impact and influenced our vision of organic growth.”

“Employees giving just four hours of skilled volunteer time as part of a Change Day can significantly accelerate the positive impact of a social enterprise,” said James Sancto, co-founder and CEO, We Make Change. “For the social enterprise, they gain access to a vast pool of knowledge and expertise that can help advance their cause and deliver faster results to groups in need. For conscientious companies like CSG, it’s a chance to do more for the world and give their employees meaningful ways to give back to their communities and connect deeply to social issues where they have the power to affect change.”

The upcoming CSG Change Days will focus on improving gender equality. By year’s end, CSG will have supported dozens of social enterprises from all corners of the world.

About CSG

CSG is a leader in innovative customer engagement, revenue management and payments solutions that make ordinary customer experiences extraordinary. Our cloud-first architecture and customer-obsessed mindset help companies around the world launch new digital services, expand into new markets, and create dynamic experiences that capture new customers and build brand loyalty. For 40 years, CSG’s technologies and people have helped some of the world’s most recognizable brands solve their toughest business challenges and evolve to meet the demands of today’s digital economy with future-ready solutions that drive exceptional customer experiences. With 5,000 employees in over 20 countries, CSG is the trusted technology provider for leading global brands in telecommunications, retail, financial services, and healthcare. Our solutions deliver real world outcomes to more than 900 customers in over 120 countries.

To learn more, visit us at csgi.com and connect with us on LinkedIn and Twitter.

#CSG

About We Make Change

We Make Change connects skilled volunteers with Social Enterprises changing the world. We enable individuals and employees to volunteer their skills online to support the causes they care about with the time they can give. Our Change Day online volunteering events bring together corporate teams to develop their skills, connect with colleagues, and make change in just a few hours. With a fast-growing community of over 25,000 volunteers supporting more than 650 Social Enterprises in over 100 countries across the world, We Make Change enables anyone, anywhere to contribute to the United Nations Sustainable Development Goals.

To learn more or get involved, visit us at wemakechange.org and connect with us on LinkedIn.

Copyright © 2022 CSG Systems International, Inc. and/or its affiliates (“CSG”). All rights reserved. CSG® is a registered trademark of CSG Systems International, Inc. All third-party trademarks, service marks, and/or product names which are referenced in this document are the property of their respective owners, and all rights therein are reserved.

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

Artnet Announces Second NFT Sale, Feels Rare Man, Launching March 11th

– Featuring original Rare Pepes and Fake Rares

– All bidders will receive NFT by Viva La Vandal

– Supported by Rare Pepe founders Joe Looney and Scarilla

NEW YORK, US / BERLIN, GERMANY – EQS Newswire – 10 March 2022 – Artnet AG, the leading platform for art market data and media, and the global marketplace for fine art is excited to announce its second NFT sale. As a fully integrated, Ethereum compatible, on-chain platform, ArtNFT is among the first in the art world to provide collectors with a transparent, efficient, trustworthy, and digitally native experience with NFTs. With a buyer’s premium of only 10%, Artnet takes position as the most cost-effective curated NFT auction platform in the traditional art market.

Following the highly successful inaugural ArtNFT sale in December 2021, the upcoming sale, Feels Rare Man, centers on the Rare Pepe project, which began in 2016 on a blockchain branch called Counterparty. Feels Rare Man features original Rare Pepes and Fake Rares, launched in 2021 during a resurgence of the Rare Pepe project.

“ArtNFT was envisioned to be an authentic and cryptonative extension of the work we do at Artnet Auctions and Artnet writ-large, and the tight curation and thematic focus of Feels Rare Man speaks meaningfully to our fulfilling that goal,” said Colleen Cash, VP, Auctions.

Works in this on-chain auction can be purchased easily in ETH, and all participating bidders will be airdropped a newly released NFT by artist Viva La Vandal, which will be included in the Fake Rares directory. The number of bidders will determine the edition size. The sale features a strong selection of works by iconic Rare Pepe artists, such as Joe Looney, Rare Scrilla, Mike, Indelible, ICQPEPE, John Villar and Pepenardo, and has found strong support from the Rare Pepe OG artists.

“We have spent significant time connecting with deep and diverse communities across the NFT space, and the communities involved in the Rare Pepe and Fake Rares worlds are active, engaged, and engaging,” said Cash. “We are thrilled to be working in such close collaboration with the real OGs and founders in this critical part of the NFT world.”

Artnet is a pioneer of the digital art market and was the first company to offer online sales of fine art. Today, artnet Auctions hosts more than 70 curated auctions annually, featuring a range of coveted post-war and contemporary paintings, sculptures, prints and photographs. As of the end of 2021, the value of transactions sold on Artnet Auctions had increased by 6% YoY to 25.8 million USD, and revenues have increased by 6% to 5.2 million USD. The expansion of ArtNFT has the potential to lead to vastly accelerated growth at Artnet in 2022.

Further Investor-relations related news and publications can be found here:
http://www.artnet.com/investor-relations/

About Artnet

Artnet has an unparalleled 60 million unique users annually, making it the largest global platform for fine art. Founded in 1989, Artnet has revolutionized the way people discover, research, and collect art today. Artnet’s market data is a mission-critical resource for the art industry, encompassing more than 15 million auction results and AI- and ML-driven analytics providing an exceptional level of transparency and insight into the art market. Artnet’s marketplace connects leading galleries and auction houses with our global audience, offering a curated selection of over 250,000 artworks for sale worldwide. Artnet Auctions, the pioneering online-only auction platform, offers unprecedented reach, liquidity, and efficiency. Artnet News covers the events, trends, and people shaping the global art market with up-to-the-minute analysis and expert commentary. It is the single most-read news publication in the fine art industry, with a rapidly growing, and dedicated audience. Together, Artnet’s broad synergistic product offering provides a comprehensive ecosystem that drives and informs the modern art market.
Artnet AG is listed in the Prime Standard of the Frankfurt Stock Exchange, the segment with the highest transparency standards. The majority of operations are headquartered in New York at its wholly-owned subsidiary, Artnet Worldwide Corporation, a New York based entity founded in 1989. Artnet Worldwide Corp. owns a London based subsidiary, Artnet UK Ltd.

ISIN: DE000A1K0375
LEI: 391200SHGPEDTRIC0X31
#Artnet

Access Partnership and Partners Release Whitepaper on The Role of Satellite Communications in Disaster Management

LONDON, UK – Media OutReach – 10 March 2022 – Access Partnership, the leading global public policy firm for the tech sector has released a Whitepaper addressing the need to further utilise satellite technology for disaster management. This seminal paper highlights the crucial role that satellite services and next-generation satellite-enabled connectivity will have in saving millions of lives and reducing government expenditure during and post disaster. Providing unique data, the document forecasts the economic impact and future burden countries will face if disaster communications planning is not taken seriously.

This Whitepaper was released together with following partners, under the umbrella of the Fair Tech Institute:

  • CANLA: The Climate Action Network Latin America (CANLA), is a regional network of non-governmental organizations committed to fighting the causes and harmful effects of climate change.
  • AlphaBeta: AB provides strategic advice that leads to new, innovative, and practical solutions addressing issues ranging from automation of jobs, biodiversity loss to poverty alleviation.
  • TSFI: Télécoms Sans Frontières (TSF) is the world’s first NGO focusing on emergency-response technologies.
  • GSOA: The pre-eminent platform for collaboration between satellite operators globally, providing a unified voice for the sector.


As the Intergovernmental Panel on Climate Change (IPCC) showed in its latest report, released in August 2021, the immediate effects of global climate change are widespread, rapid and accelerating.

This Whitepaper focuses on the undeniably necessary call to action:

Call to Action for Governments and Stakeholders:

  • Providing clear strategies to minimise damages.
  • Increasing speed of response in critical times.
  • Regulating for future technologies that may assist rapid rescue.
  • Multiplying resources by partnering with the private sector.


For more information on the Whitepaper and best practice for effective policy planning, download the “The Role of Satellite Communications in Disaster Management“.

As natural disasters increase yearly, satellite networks will help save millions of lives

As the Intergovernmental Panel on Climate Change (IPCC) showed in its latest report, released in August 2021, the immediate effects of global climate change are widespread, rapid and accelerating. For cities in temperate latitudes, this means more heat waves and shorter cold seasons. In subtropical and tropical latitudes, it means wetter rainy seasons and hotter dry seasons. Most coastal cities will be threatened by sea level rise. Although most types of weather-related disasters are likely to become more common across all regions, global heating above 1.5C will be “catastrophic” for island nations and could lead to the loss of entire countries due to sea level rise within the century.

Providing unique data, Access Partnership’s newly published paper “The Role of Satellite Communications in Disaster Management” shows that the impact of natural disasters will be concentrated among low- and middle-income countries, which are relatively less prepared to adapt. The paper shows that natural disasters currently cost the agricultural sector of these economies more than USD 108 billion in damaged crop and livestock production. Should the level of financing in climate adaptability remain low, the United Nations Environment Programme (UNEP) estimates that climate change adaptation and natural disaster damages would cost developing countries a range of USD 280 to USD 500 billion per year by 2050, a figure four to five times higher than previous estimates.

Caption

To reduce the socioeconomic impact of climate-related disasters, governments are encouraged to increase investment in physical and social infrastructure and allow for the upscaling and acceleration of far-reaching, transformational adaptation strategies. This includes the effective use of satellite networks and next-generation satellite technology.

One of such strategies include the development of emergency telecommunication plans (NETPs) given the crucial role telecoms can play in saving lives and protecting communities when disasters strike. As shown by this study, we need a concerted effort to fix the underlying inefficiencies of our current, existing communication systems. The paper highlights that the availability of communication networks directly related to the ability of responding quickly to emergencies. They are imperative to ensure efficient and accurate information flows during and post disaster management. Many studies have been conducted over the past decade to understand the impact of reducing emergency response times on health and economic outcomes during natural disasters. A reduction in response times during natural disasters has a significant impact on mortality, morbidity, and property damage costs.

Considering the pressing need to ensure communications systems remain operational during inevitably difficult situations such as natural disasters, satellite services and next-generation satellite-enabled connectivity can help addressing the limitations faced by our present terrestrial telecommunication network. The adoption of new strategies and technological solutions – as a crucial component of disaster preparedness – would allow the less connected to communicate during emergency situations, ensuring that emergency communications are more accessible for better rescue responses.

The whitepaper sheds light on the different economic outcomes resulting from increased natural disasters occurring at a global scale. The study shows that though most types of weather-related disasters are likely to affect countries of all income groups, the economic burden in low-income countries is disproportionate. With less resources, know how, policies in place, investment on infrastructure, equipment and in training, low-income jurisdictions are particularly vulnerable to the consequences of climate change. For instance, breaking down by regions, Asia Pacific is expected to incur the greatest economic damage at USD 165 billion from 2025-29, or 42% of the total.

Considering their unpreparedness to bear the financial costs and the need to protect human lives, collaborative efforts between governments and the private sector are urgently needed to maintain adequate NETPs.

The document calls for greater stakeholders’ coordination to ensure a robust, effective and harmonized communication plan and strategy to face the increasing number of natural disasters that are likely to impact our countries. The initiative focuses on requesting Government to be more innovative, allowing the introduction of effective and inclusive emergency satellite-based communications services for its adequacy during and post-disasters relief efforts.

By ensuring an enabling regulatory environment that allows for the roll-out of new satellite-based emergency communications solutions, governments can save lives and protect communities.

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

Singapore Book Publishers Association presents Singapore Literature Book Bazaar 2022

SINGAPORE – Media OutReach – 10 March 2022 – To encourage appreciation of Singapore Literature amongst young and working adults. The Singapore Book Publishers Association (SBPA) is organising a Singapore Literature Book Bazaar from 7th till 20th March 2022. This event is part of the ‘SING LIT: READ OUR WORLD’ movement, which is supported by the National Arts Council. The official venue sponsor is The Arts House, and LAZADA powers the online book sales as the Official E-commerce partner.

SingaporeBookBazaarPic.png

The Book Bazaar will be held for 14 days at the Blue Room, and the Activity programme will be held at the Living Room of The Arts House. It will be a hybrid event with new book launches, book sharing, meeting of authors, panel discussions and publishers’ talk show curated for the consumers in mind. At the same time, online book sales are platformed on www.lazada.sg , you can also enjoy the event online that would be live-streamed with the help of our production team, Muse Pte Ltd.

The Living Room will be used as the studio production and host the LIVE audiences. The programme includes the opening ceremony, joint book launches and TV launch, book sharing and discussions whereby the Blue Room would be showcasing the participating publishers’ Sing Lit books.

Details for the event:

PHYSICAL VENUE:
The Arts House
1 Old Parliament Lane
Opening Hours: 11 am till 6 pm

VIRTUAL SITE:
www.bookbazaar.sg

ADMISSION:
Free Admission via Eventbrite

Eventbrite Link for registration: https://singapore-literature-book-bazaar.eventbrite.sg/

Entry is free for the Book Bazaar in the Blue Room and the activity in the Living Room. However, the visitors and the attendees would be required to register the E-Tickets for access on Eventbrite.sg. All events and activities will be live-streamed on SBPA’s Facebook page and YouTube channel.

We have 12 leading publishers and booksellers participating in the Singapore Literature Book Bazaar 2022. They are Armour Publishing, Asiapac Books, Ethos Books, Experiences and Experiments Books, Jsim Education, Kitaab International, Landmark Books, NUS Press Singapore, Pustaka Islamiyah, Pustaka Nasional, TrendLit Publishing and World Scientific Publishing.

Exhibition panels by our publishers will be on display in the Blue Room, and QR codes allow visitors to scan and buy books.

Furthermore, a series of attractive promotions will be offered for consumers to grab. The offers include E-vouchers, ‘Spin & Win’, gifts with purchase; terms and conditions apply. Textures Road Show by The Arts House will be promoting this book bazaar via flyers with a QR code to redeem free Sing Lit books at the Book Bazaar. The free Sing Lit books are limited to the first 100 walk-in guests.

More information on the agenda can be found: https://www.singaporebookpublishers.sg/page/BookBazaar

BACKGROUND ON SING LIT: READ OUR WORLD

SING LIT: READ OUR WORLD is an industry-led movement to celebrate stories from Singapore. Advocating ‘Buy Local, Read Our World’, home-grown book publishers, retailers and literary non-profits have come together to encourage more people to discover and embrace Singapore’s literature.

For more information: https://singlit.world/

ABOUT THE SINGAPORE LITERATURE BOOK BAZAAR

The Singapore Literature Book Bazaar’s mission is to encourage appreciation of the Singapore literary community amongst young and working adults.

ABOUT SINGAPORE BOOK PUBLISHERS ASSOCIATION

Established in 1968, the Singapore Book Publishers Association represents the interests of Singapore publishers engaged in a wide range of publishing, marketing and distribution activities in both print and digital formats. It focuses on developing and strengthening the book ecosystem in Singapore. SBPA member companies contribute some S$1.7 billion each year to the Singapore economy. For more information, please visit: https://www.singaporebookpublishers.sg

LINK ADDRESS:

FACEBOOK https://www.facebook.com/sbpa.sg/

YOUTUBE https://www.youtube.com/channel/UCd33jSR6MGz6yGDVYDjwjog

WEBSITE https://www.singaporebookpublishers.sg/