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Flipster Unveils the First Zero-Spread Model in Crypto Perpetuals Trading

Eliminates the hidden price gap costing traders more than they realize

PANAMA CITY, Aug. 18, 2025 /PRNewswire/ — Flipster, a fast-growing crypto perpetuals trading platform, has unveiled the industry’s first true zero-spread trading model, making it the first crypto exchange to eliminate the hidden price gap, known as the spread, that quietly drains trader profits.

Flipster Unveils the First Zero-Spread Model in Crypto Perpetuals Trading
Flipster Unveils the First Zero-Spread Model in Crypto Perpetuals Trading

With this structural shift, Flipster becomes the first exchange to offer one price execution with no markup on major perpetual pairs — delivering a new level of pricing transparency on perpetual trading that no other crypto exchange has offered.

Hidden Costs Most Traders Miss

Most exchanges charge a visible trading fee on every order. But what many traders don’t realize is that these posted fees are just part of the real cost. The bigger and often overlooked cost is the spread: the hidden gap between the price to go long and the price to go short.

When traders open a position, they cross that gap. When they close it, they cross it again. This creates a built-in round-trip cost that isn’t displayed upfront, yet quietly chips away at returns on every trade.

It adds up fast, especially for active, high-frequency or high-volume traders. In many cases, the spread can cost more than the trading fee itself.

For example, a trader placing a $100,000 trade may pay a visible fee of $50 at a 5 basis point rate. But if there’s also a 2 basis point spread, that’s another $40 in hidden cost just from entering and exiting the position. Add slippage, and the total cost can easily end up being two to three times higher than the posted fee.

Flipster eliminates this invisible markup by offering zero spreads on major pairs, fundamentally redefining how liquidity and execution are structured. It means quoting a single unified price rather than a split bid/ask, something most exchanges simply are not built to do.

Security That Matches Performance

Flipster is built with the same high-grade protection used by leading global financial institutions. The platform is ISO 27001 certified, adheres to internationally recognized security standards, and deploys multi-layer safeguards to protect user assets. Wallet security is reinforced with technology that removes single points of failure, while its 24/7 monitoring systems detect and neutralize threats in real time. With security embedded in every layer, Flipster ensures that assets remain protected through all market conditions.

The Only Exchange with Zero Spread and Active Yield

What you see is what you trade.

Zero spread on 20+ Major Perpetual Pairs. Traders access one unified market price. No markup. No hidden slippage.

Earn while you trade.

Locked or flexible, capital works without interruption. Flipster is the only exchange that lets traders earn and trade at the same time.

See what trading without compromise feels like. Try it yourself at flipster.io

About Flipster

Flipster is the zero-friction exchange for crypto traders who demand the ultimate perpetual trading experience. With ultra-tight spreads, balances that earn while trading, and up to 100x leverage, it delivers precision and performance for those who move fast and trade faster. In 2024 alone, Flipster’s trading volume grew 856% year-on-year, solidifying its position as one of the fastest-growing crypto perpetuals trading platforms. Learn more at flipster.io or follow X.

MLK Listed on Binance Alpha, Spotlighting Its Global Loyalty Platform Potential

– MLK listed on Binance Alpha on August 16, highlighting service reliability and growth potential

– MiL.k aims to become a leading global blockchain project by offering a user-centric, differentiated service

SEOUL, South Korea, Aug. 18, 2025 /PRNewswire/ — MiL.k Partners, the operator of the blockchain-based loyalty integration platform MiL.k, announced on August 18 that its utility token MLK has been officially listed on Binance Alpha.

MLK Listed on Binance Alpha, Spotlighting Its Global Loyalty Platform Potential
MLK Listed on Binance Alpha, Spotlighting Its Global Loyalty Platform Potential

Binance Alpha, a feature within the Binance Wallet that highlights promising Web3 projects, introduced MiL.k (MLK) on Binance Alpha on August 16, stating that trading competitions and other promotional events would be launched in conjunction with the listing.

MiL.k allows users to integrate and exchange reward points from various companies using blockchain technology. By resolving inconsistencies in data and policies across loyalty companies, MiL.k has set a new standard for reward utilization, driving innovation in the market. MiL.k built strong partnerships with major Korean conglomerates such as OK Cashbag (The loyalty platform of SK Group), L.POINT (The loyalty platform of Lotte Group), CU (The largest convenience store in Korea), Megabox (Top multiplex), and NOL (The No.1 online travel agency in Korea), as well as global partners like AirAsia (Global airline).

Additionally, to expand its presence in global blockchain ecosystem, MiL.k has formed strategic partnerships with leading global Web3 projects such as The Sandbox (The global metaverse) and Galxe (The Web3 super app) aiming to offer new experiences and benefits to global users.

Jayden, CEO of Milk Partners, commented, “This listing on Binance Alpha reflects our ongoing efforts to innovate the loyalty sector and grow MiL.k into a service that delivers real-world value. We will continue to focus on providing user-centered, differentiated services and evolving as a globally recognized blockchain project.”

Earlier this year, MiL.k completed a migration to Arbitrum One, a leading Ethereum Layer 2 solution, to align with the rapidly evolving Web3 environment. This move was aimed at enhancing its technical infrastructure and strengthening connectivity with the global blockchain ecosystem.

Stella International Secures ‘AA’ MSCI ESG Rating In Back-to-Back Upgrade

HONG KONG, Aug. 18, 2025 /PRNewswire/ — Stella International Holdings Limited (“Stella” or the “Group”; SEHK: 1836), a leading developer and manufacturer of quality footwear and leather goods, is pleased to announce that it has received an upgraded MSCI ESG Rating of ‘AA’, up from its previous ‘A’ rating – marking its second consecutive annual upgrade.

The MSCI rating upgrade recognises the Group’s progress in environmental performance, particularly in Raw Material Sourcing and Product Carbon Footprint management. Stella’s scores across all six key ESG issues in the Textiles, Apparel & Luxury Goods sector now exceed the industry average, reflecting steady improvements in recent years.

In Raw Material Sourcing, MSCI identified Stella’s ongoing efforts to strengthen supply chain sustainability as a key driver, including the achievement of 100% Leather Working Group (LWG) certification among core leather suppliers in 2024. In Product Carbon Footprint, improvements were supported by enhanced data transparency and management – underpinned by the completion of annual Scope 1, 2 and 3 carbon inventories with ISO 14064 certification, public disclosure of emissions data, and initiatives such as supply chain localisation to support longer-term decarbonisation.

Recognising that there is still more work ahead, the Group further strengthened its climate change commitment in 2025 by setting Near-term Science Based Targets (SBT) covering all three scopes of its greenhouse gas (GHG) emissions. These targets are currently under review by the Science Based Targets initiative (SBTi) and will be publicly disclosed once validated.

Mr. Chi Lo-Jen, Chief Executive Officer of the Group, said, “This upgrade is a testament to our enhanced sustainability disclosures and proactive management of key ESG issues, but we remain mindful that sustainability is a long-term journey. We will continue to focus on improving transparency while working closely with our partners to deliver steady, measurable progress.”

MSCI ESG Research provides MSCI ESG Ratings on global public and a few private companies on a scale of CCC (laggard) to AAA (leader), according t‑o exposure to industry-specific ESG risks and the ability to manage those risks relative to peers.

For further details on the Group’s ESG initiatives please visit our website at https://www.stella.com.hk/esg-reports.html.

About Stella International Holdings Limited

Stella International (SEHK: 1836) is a leading developer and manufacturer of quality footwear and leather goods. A trusted partner to many of the world’s most sought-after brands, it offers a unique proposition of unparalleled craftsmanship, production flexibility, and strong speed-to-market and commercialization capability, supported by a broad, diverse and proven manufacturing base across China and Southeast Asia.

Stella International was listed on the Hong Kong Stock Exchange in 2007. It is a constituent of the Hang Seng Composite Index and the MSCI Hong Kong Small Cap Index, and eligible to be traded on the Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect.

For further information, please contact:

Macy Leung
Head of Investor Relations
Email: macy.leung@stella.com.hk

Luang Prabang Attracts Over 2.15 Million Tourists in First 7 Months of 2025

Laos' Luang Prabang Night Market. (Phot credit: iStock)

In the first seven months of 2025, Luang Prabang attracted over 2.15 million visitors, Deputy Governor Bounleua Sinxayvoravong reported at the provincial office on 15 August. 

With 2,155,994 visitors in the first seven months of 2025, Luang Prabang saw an increase of 983,483 tourists, or 83.8 percent, compared to the same period last year. 

The province also generated LAK 1,108 billion (approximately USD 52.76 million) in revenue, reaching 92.2 percent of its annual target.

Key attractions drawing visitors include Xiengthong Temple, Mount Phusi, Kuang Si Falls, the Royal Palace Museum, the Luang Prabang Night Market, etc

To prepare for the upcoming tourist season and the 30th anniversary celebrations of the UNESCO World Heritage Site later this year, the provincial authorities are focusing on urgent repairs and improvements, including resolving traffic bottlenecks within Luang Prabang City.

Meanwhile, Champasack Province welcomed over 426,126 visitors in the same period, generating more than USD 55 million in tourism revenue, an 8 percent increase from 2024. The province exceeded its annual visitor target of 350,958, achieving 121 percent of the planned number in just seven months.

Laos welcomed over 2.3 million tourists in the first half of 2025, up from 2.1 million during the same period last year. The country aims to surpass its 2025 target of 4.5 million visitors, building on more than 4.1 million tourists in 2024.

World Youth Forum Concludes Dual Summits; Global Youth Explore New Global Issues in the AI Era

HONG KONG and MACAU, Aug. 18, 2025 /PRNewswire/ — The World Youth Forum (WYF) – a global youth platform for challenge-based learning and growth, co-created by top cross-sector partners through multilateral collaboration – wrapped up its 2025 Future Economics Leadership Summit (WYF-FELS) in Hong Kong, China, and Future Liberal Arts Leadership Summit (WYF-FLALS) in Macau, China, between August 5 and 16. The event attracted nearly 1,000 youth representatives and diverse academic forces from 15 countries and regions, including China, India, Singapore, South Korea, and the United States, among others, who joined together to explore global issues in the era of artificial intelligence.

Attendees included notable figures such as: Mr. Zhao Gang, Director General of the Global Innovation Center; Dr. Un Shil Choi, Chairperson of the UNESCO Expert Advisory Committee for Learning Cities; Mr. Christopher Caltabiano, Interim CEO and Chief Program Officer of the Council for Economic Education (CEE); Mr. Keith Wenner, President of the Board of the United States Academic Decathlon Association (USAD); and Dr. James Song, President of Midwest University. Experts from institutions including JPMorgan Chase & Co., Amazon.com, Inc., Newcastle University, The Hong Kong University of Science and Technology, and other institutions participated as mentors and judges, providing professional guidance and in-depth evaluations to youth representatives.

WYF: Scenes from the Dual Summits in Hong Kong and Macau
WYF: Scenes from the Dual Summits in Hong Kong and Macau

Engaging in Global Issue Challenges: World Youth Launch Interdisciplinary and Cross-Cultural Dialogues

Centered on the AI era, the two WYF summits have built a bridge for global youth to learn, grow, and engage in cross-cultural exchanges. Among them, WYF-FELS, held in Hong Kong, introduced top global academic challenges programs-the National Economics Challenge (NEC) and Business Professionals of America (BPA). Its multi-dimensional challenge system, encompassing knowledge assessments, case studies, and business simulations, enables youth from different countries to compete and collaborate on economics and business knowledge on a shared platform, demonstrating their professional accumulation and understanding of global economic issues.

Subsequently, WYF-FLALS, hosted in Macau, leveraged core challenge activities such as the International Academic Decathlon (IAD) and the Global Youth Creative Expo (Hi World) as platforms to guide participants in exploring issues including “Technology & Social Equity”, “Green Technology & Sustainable Cities”, and “AI & Human Culture” from interdisciplinary perspectives, including mathematics, science, social sciences, and the arts. This approach encouraged youth to uncover new connotations of contemporary humanistic spirit through rigorous academic inquiry.

As a centerpiece of both WYF summits, “U20 Youth Voices” broke down geographical barriers and facilitated cross-national team formation, resulting in cross-cultural teams like U.S.-South Korea, Singapore–Thailand, and China–India. These teams conducted in-depth discussions on global issues such as sustainable development and technology and social equity. Insights from multiple teams were highly praised by experts as “groundbreaking youth perspectives,” underscoring the unique value of cross-national collaboration in researching global issues.

Vishva Rao, a youth representative from the United States, shared, “The convergence of different cultures here has shown me how diverse perspectives blend and shape economic thinking. It’s delightful to strengthen friendships with each other while discussing issues like economics.”

Multilateral Co-Creation: Creating a Global Playground for Youth Learning and Growth

In the “Educators’ Symposium” segment, educators from China, India, Japan, Pakistan, South Korea, the United States, Vietnam and other countries engaged in in-depth discussions on topics such as financial literacy development for middle school students and AI-driven educational transformation, facilitating exchanges and collaboration across the global education sector. During the event, outstanding former participants of WYF and NEC, currently studying at the Wharton School of the University of Pennsylvania, shared insights into how their research and study experiences have informed their university studies and future career development, illustrating the long-term value and enduring impact of these initiatives.

“As one of the Co-Creators of WYF, CEE is a U.S.-based nonprofit educational organization with a 76-year history. We are delighted to see WYF leveraging its global youth network to empower youth to play, shine, lead, and shape the future. This aligns closely with our philosophy. When considering how to expand the National Economics Challenge (NEC), initiated by CEE, to more countries, WYF has always been an excellent partner,” noted Mr. Christopher Caltabiano, Interim CEO and Chief Program Officer of the CEE.

Mr. Keith Wenner, President of the Board of the USAD, commented, “The youth have demonstrated excellent cross-cultural communication and collaboration skills, and their ideas are extremely inspiring. USAD and WYF share a strong spirit of alignment – both remain committed to young people’s learning, growth, and progress, empowering them to become whoever they want to be without limitations. This shared commitment to youth development makes our collaboration with WYF profoundly meaningful.”

Houston Hou, Executive Convener of the WYF, stated: “Since its founding, WYF has always firmly believed that young people are the shapers of the future. The significance of WYF lies precisely in providing a truly global stage that belongs to young people around the world. Going forward, WYF will gradually expand into multiple literacy fields such as Science and Engineering, and Life and Health. By 2030, we aim to reach 100 countries and become the world’s most aspirational platform for youth challenge and growth.”

For more information about WYF, please visit the official website: http://www.wyforum.org

Lens Technology accelerates Liquid Cooling Innovations for AI Systems

HONG KONG SAR – Media OutReach Newswire – 18 August 2025 – The rapid advancement of artificial intelligence has significantly increased GPU power demands, leading to a substantial rise in power consumption across data centers, from individual GPU chips to entire server racks. This surge in power usage has resulted in heightened heat generation. Liquid cooling technology, utilizing direct or indirect liquid contact with heat-generating components, delivers superior thermal dissipation efficiency. This capability effectively addresses the rigorous thermal management needs of server racks and data centers, positioning liquid cooling as the essential solution for next-generation high-performance computing servers.

Advanced liquid cooling systems are increasingly being integrated into the next-generation architectures of major North American clients, with multiple domestic companies actively providing samples. Additionally, liquid cooling solutions are gaining significant adoption in the humanoid robotics sector, with leading clients in both North America and China increasingly implementing these technologies.

In server applications, advanced liquid cooling systems combine piezoelectric fans with heat pipes and 3D vapor chambers (3DVC) to create highly efficient thermal modules. This integration enhances airflow over heat sink surfaces, significantly improving heat exchange efficiency and making it well-suited for high-density server chassis. The synergy between piezoelectric fans and liquid cooling maximizes the strengths of both technologies: liquid cooling effectively manages high-power heat dissipation, while piezoelectric fans address localized hotspots. By strategically placing piezoelectric fans near heat sources such as CPUs and GPUs, liquid cooling pipelines transfer heat to the heat sink, where the high-frequency vibrations of piezoelectric fans accelerate airflow. This enhances convective heat transfer, overcoming the limitations of liquid cooling in managing localized hotspots, thereby improving overall server thermal efficiency and reducing energy consumption.

Lens Technology has successfully mass-produced advanced thermal solutions incorporating piezoelectric fans for Taiwanese clients. These solutions provide superior cooling performance, occupy less space, and deliver significantly higher value compared to conventional thermal modules.

Hashtag: #LensTechnology #藍思科技

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

Lens Technology Co., Ltd

Lens Technology is a leading global provider of comprehensive precision manufacturing solutions for the entire smart terminal industry chain, and is a key player in the consumer electronics and automotive electronics sectors. The company operates across a diverse array of advanced fields, including smartphones, smart wearables, smart vehicles, and humanoid robots.

Global book-loving community crowns winners in largest-ever 1000 Libraries Awards 2025 competition

SYDNEY, Aug. 18, 2025 /PRNewswire/ — The 1000 Libraries has announced the winners of its 2025 competition following a two-month voting period that recorded over 200,000 votes from book lovers worldwide.

Most beautiful library, Trinity College Dublin, in Ireland
Most beautiful library, Trinity College Dublin, in Ireland

 

Most beautiful bookstore, Boekhandel Dominicanen, in Maastricht, Netherlands
Most beautiful bookstore, Boekhandel Dominicanen, in Maastricht, Netherlands

 

Most beautiful book café, Minoa Pera, in Istanbul, Turkey
Most beautiful book café, Minoa Pera, in Istanbul, Turkey

Trinity College Dublin’s Library claimed first place in the Most Beautiful Libraries category, while Boekhandel Dominicanen in the Netherlands won Most Beautiful Bookstore, and Minoa Pera in Istanbul, Turkey, took the top spot for Most Beautiful Book Café.

Voting ran from May 15 to July 15, 2025, with participation from librarians, students, tourists, and literary enthusiasts across six continents. The competition nominated 19 libraries, 19 bookstores, and 16 book cafés from exceptional venues worldwide.

Why Ireland won

Trinity College Dublin’s victory highlights the appeal of historic libraries that combine architectural grandeur with literary significance. The library’s Long Room, often compared to the Hogwarts library from Harry Potter, features dark polished shelves and a stately aesthetic that creates what the awards described as “an aged and dignified atmosphere.”

The library serves as Ireland’s largest library and houses the famous Book of Kells alongside thousands of other rare manuscripts. Its 65-meter length and busts of famous literary figures contributed to its appeal among voters seeking spaces that “capture the beauty of libraries old and new.”

Other category winners

Most Beautiful Bookstore: Boekhandel Dominicanen in Maastricht, Netherlands, won first place. The bookstore operates in a restored 13th-century Gothic church featuring vaulted ceilings, original frescoes, and a steel bookcase installation.

Most Beautiful Book Café: Minoa Pera in Istanbul, Turkey, claimed the top position. Part of the Minoa Books chain, it features modern design with stone flooring and sells over 45,000 Turkish and English books across multiple floors.

Complete winner lists

TOP 10 MOST BEAUTIFUL LIBRARIES:

  1. Trinity College Dublin, Ireland
  2. State Library of South Australia, Australia
  3. Abbey Library of St Gall, Switzerland
  4. Duke Humfrey’s Library (University of Oxford), United Kingdom
  5. Admont Abbey Library, Austria
  6. Cuypers Library (Rijksmuseum), Netherlands
  7. State Library Victoria, Australia
  8. The Royal Portuguese Cabinet of Reading, Brazil
  9. Wiblingen Abbey Library, Germany
  10. Sainte-Geneviève Library, France

TOP 10 MOST BEAUTIFUL BOOKSTORES:

  1. Boekhandel Dominicanen, Netherlands
  2. Shakespeare and Company, France
  3. El Ateneo Grand Splendid, Argentina
  4. The Gently Mad Bookshop, United Kingdom
  5. Word on the Water, United Kingdom
  6. Dujiangyan Zhongshuge, China
  7. Eterna Cadencia, Argentina
  8. Daunt Books, United Kingdom
  9. Albertine Books, United States
  10. The Last Bookstore, United States

TOP 10 MOST BEAUTIFUL BOOK CAFÉS:

  1. Minoa Pera, Turkey
  2. The Used Book Café at Merci, France
  3. Halle Saint-Pierre, France
  4. Péniche L’Eau et les Rêves, France
  5. Cafebrería El Péndulo Polanco, Mexico
  6. Ampersand Café & Bookstore, Australia
  7. Ler Devagar, Portugal
  8. Maison Assouline, United Kingdom
  9. Bibliotheque NYC, United States
  10. Livraria Funambule, Brazil

Global reach reveals diverse winners

The competition’s international scope produced winners spanning multiple continents, from Europe’s historic monastery libraries to South America’s converted theaters and Asia’s modern architectural marvels.

Vincent Phan, Founder of 1000 Libraries, said: “These places represent the enduring power of the written word in our digital age. Visitors now want destinations that offer visual beauty, local storytelling, and intellectual engagement. Each winner offers something unique: breathtaking historical architecture, innovative modern design, and that intangible quality that makes you want to lose yourself among the stacks, while serving as crucial ‘third places’ where bookish communities flourish.”

Notable geographic diversity included Switzerland’s 612-year-old Abbey Library of St Gall, Argentina’s El Ateneo Grand Splendid housed in a 1919 theater, and China’s Dujiangyan Zhongshuge with its mirrored ceiling creating infinite reflections of bookshelves.

# # #

Please contact Haikel Fahim for any interview requests: +65 9852 2024

1000 Libraries is the world’s largest online community of book-lovers (1.5M+) dedicated to the art of literary travel, celebrating the world’s most beautiful libraries, bookstores, book cafés, book towns, and book‑inspired destinations.

At the heart of our platform is the 1000 Libraries Magazine – an ad‑free, reader‑friendly publication delivering weekly stories on literary culture, the bookish lifestyle, and the joy of reading. Every piece is freely accessible and written to inspire an enduring appeal for physical books in the age of digital technology.

Founded and led by Editor-in-Chief Vincent Phan, 1000 Libraries is on a mission to inspire a global resurgence in book culture through content created for book-lovers, by book-lovers.

AirAsia X Flight Diverted to Gimpo Amid Weather, Fuel Concerns

AirAsia X Flight Diverted to Gimpo Amid Weather, Fuel Concerns
Passengers on AirAsia X Flight D7 506 from Kuala Lumpur to Seoul’s Incheon International Airport experienced a delay of over two hours after the aircraft was diverted to Gimpo International Airport due to adverse weather and air traffic congestion. (photo credit: Yonhap pic)

An AirAsia X flight bound for Seoul’s Incheon International Airport was forced to make an unscheduled landing at Gimpo International Airport on the evening of 13 August, delaying its arrival by more than two hours and leaving passengers uncertain about the situation on board.