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OneConnect Named to IDC China FinTech Emerging 50 for Sixth Consecutive Year

HONG KONG, Aug. 25, 2025 /PRNewswire/ — OneConnect Financial Technology Co., Ltd. (“OneConnect”) has been named to the IDC China FinTech Emerging 50 for the sixth consecutive year, reflecting its continuous innovation and growth in the financial technology sector.

Delivering End-to-End Digital Solutions

OneConnect provides end-to-end integrated technology solutions for financial institutions, covering digital banking, digital insurance, and digital infrastructure through its Gamma Platform. These solutions help financial institutions accelerate their digital transformation.

The company believes its unique “business + technology” model represents a core competitive advantage—one that drives customer engagement and supports the acquisition of new business.

Global Expansion and Strategic Partnerships

OneConnect has built a strong presence across Southeast Asia, the Middle East, and Africa. As of June 2025, its international business covered 20 countries and regions, serving 214 financial institution clients.

  • South Africa: OneConnect is deepening its partnership with Old Mutual, expanding from the Omni channel Agent Solution platform project to other customer service platforms project, driving the digital upgrade of insurance operations.
  • Southeast Asia: Following a renewed cooperation agreement with CIMB Philippines on its core banking system, both sides will strengthen collaboration over the next four years in key areas including system operations, upgrades, cybersecurity, and data management.
  • Hong Kong: OneConnect signed agreements with two local banks. A leading Hong Kong bank has adopted OneConnect’s eKYC anti-fraud solution under a SaaS model. Once launched, the solution is expected to support online authentication for more than 70% of Hong Kong’s retail banking users, marking a breakthrough for OneConnect’s SaaS subscription model in the high-end market. Another partnership introduces OneConnect’s eKYC and AIGC deepfake detection technology to support secure remote account opening and identity verification for Hong Kong, Macao, and mainland China residents—representing the first overseas deployment of the company’s anti-deepfake solution.

Auto Ecosystem Development in Southeast Asia

A highlight of OneConnect’s international expansion is its partnership with a leading Vietnamese transportation group to co-develop a digital auto ecosystem platform. Covering key scenarios such as new and used car transactions, auto financing, insurance, maintenance, car wash, and lifestyle services, the platform aims to become a benchmark project for Southeast Asia’s auto sector.

This initiative demonstrates the replicability and sustainability of OneConnect’s technology while advancing the integration of finance and the real economy in emerging markets.

Looking Ahead

Moving forward, OneConnect will prioritize the financial technology and artificial intelligence industries with a focus on financial institution customers while broadening its ecosystem and international presence. With sustained investments in research and development, coupled with accumulated business know-how and customer insights, the Company aims to expand customer base and boost third-party revenue growth over the long term.

KuCoin Launches “Anti-Phishing Month” Campaign, Empowering Users Through Education, Incentives, and Defense

PROVIDENCIALES, Turks and Caicos Islands, Aug. 25, 2025 /PRNewswire/ — KuCoin, a global leading cryptocurrency exchange, announced the official launch of its “Anti-Phishing Month” campaign. The initiative integrates user education, positive incentives, and technical defenses to build a platform-level proactive security framework and enhance user awareness in identifying and preventing phishing scams.

In recent years, phishing attacks have surged, particularly targeting fintech platforms. According to the Anti-Phishing Working Group (APWG), global phishing incidents surpassed 1 million in Q1 2025, with payment and financial platforms accounting for over 30% of the attacks. SMS and email phishing are the most common vectors, with victims primarily located in Europe, Asia, and Australia.

In response to the increasingly complex cyber threat landscape, KuCoin continues to uphold its core philosophy of “Security as a Service”, positioning user asset protection as a cornerstone of sustainable platform development. Alongside robust multi-layered technical defenses, KuCoin also places great emphasis on user education as a strategic pillar.

The “Anti-Phishing Month” marks KuCoin’s first campaign to combine security awareness with a reward-based engagement model, encouraging all users to participate in a self-driven learning cycle of “Learn + Quiz + Defend“. Participants can earn rewards by completing educational modules, passing quizzes, and enabling anti-phishing codes—making it easier to acquire essential anti-scam skills.

In addition to this special campaign, KuCoin has also implemented long-term risk control mechanisms to protect users at all times:

  • Intelligent Risk Control System: KuCoin deploys an industry-leading phishing detection engine that monitors and blocks abnormal login behaviors and unauthorized withdrawals in real time, intercepting over 5,000 high-risk access attempts daily.
  • End-to-End Security Alerts: Key account activities such as login, withdrawals, and API bindings are safeguarded by multi-factor authentication (MFA) and real-time risk alerts to ensure users are fully informed before any operation.
  • Ongoing Security Education: KuCoin regularly releases security tips and phishing case studies, with a dedicated “Security Academy” embedded in the KuCoin website and mobile app to help users strengthen their scam detection abilities.

BC Wong, CEO of KuCoin stated, “Security should not only be the responsibility of the platform—it should be an ability every user possesses. Through Anti-Phishing Month, we aim to merge technology and education to create a crypto ecosystem where every user is equipped to protect themselves. At KuCoin, we believe true security is a shared responsibility: while we continue to provide robust safeguards, every user can also strengthen their own protection through continuous self-learning.”

Moving forward, KuCoin will continue to advance its integrated ‘Education + Defense’ security strategy, providing global users with a safer, more transparent, and trustworthy trading experience.

For more details on the campaign and how to participate, please visit campaign landing page.

About KuCoin

Founded in 2017, KuCoin is a leading global cryptocurrency platform serving over 41 million users across 200+ countries and regions. Built on cutting-edge blockchain technology, KuCoin offers access to 1,000+ digital assets and solutions including Web3 wallet, Spot and Futures trading, institutional services, and payments. Recognized by Forbes as one of the “Best Crypto Apps & Exchanges” and a “Top 50 Global Unicorn” by Hurun, KuCoin is ISO 27001:2022 certified and committed to security, compliance, and innovation under the leadership of CEO BC Wong. Learn more: https://www.kucoin.com/

Fortune Global Forum 2025 to Convene in Riyadh, Saudi Arabia Oct. 26-27

The Global Forum will convene CEOs from Fortune 500 companies, global business leaders, and key policy makers under the theme “The Great Convergence”

Confirmed speakers include C-suite leaders from Citigroup, Delta Air Lines, Honeywell, HUMAIN, NYSE, Qualcomm, among others

NEW YORK, Aug. 25, 2025 /PRNewswire/ — Fortune announced today that its prestigious Fortune Global Forum will convene in Riyadh, Saudi Arabia, on October 26–27, 2025.  In its 30-year history the Global Forum has convened in myriad locations, but 2025 marks the first time the event will convene in the Middle East. The location of the Saudi capital highlights the Kingdom’s emergence as a hub for global business, trade, and innovation.

The 2025 Fortune Global Forum will bring together CEOs and senior leaders from Fortune 500 and multinational companies, fast-growing startups, and influential organizations across finance, energy, mobility, and technology for a dynamic, invitation-only gathering.

Designed to foster collaboration, peer-to-peer connections, and transformative dialogue, the Forum comes at a pivotal moment for the global economy and business landscape. Against a backdrop of seismic advances in artificial intelligence, geopolitical volatility, and shifting demographics, this year’s theme—’The Great Convergence‘—will explore how these forces are intersecting to reshape business, society, and leadership.

The leaders at Fortune’s annual conference, now in its third decade, will include:

  • Tareq Amin, Chief Executive Officer, HUMAIN 
  • Cristiano Amon, President and CEO, Qualcomm Incorporated
  • Ed Bastian, Chief Executive Officer, Delta Air Lines
  • Bonnie Chan, Chief Executive Officer, Hong Kong Exchanges and Clearing Limited
  • Jane Fraser, Chief Executive Officer, Citi
  • Tony Han, Founder and CEO, WeRide
  • Jennifer Johnson, President and CEO, Franklin Templeton
  • Vimal Kapur, Chairman and CEO, Honeywell
  • Lynn Martin, President, NYSE Group
  • Ralph Mupita, Group President and CEO, MTN Group Limited
  • Jonathan Ross, CEO and Founder, Groq
  • Tan Shu Shan, Director and CEO, DBS Group
  • Richard Teng, Chief Executive Officer, Binance

They’ll be joined by global policy and economic thought leaders, including former President of Colombia Iván Duque Márquez, Current Senator and Former Prime Minister of Italy Matteo Renzi, and Bridgewater Associates Founder Ray Dalio.

Saudi Arabia is at the epicenter of a historic global business transformation. The Kingdom’s rapid economic diversification, strategic investments, and vision for the future are positioning it as a vital crossroads for trade, innovation, and investment,” said Anastasia Nyrkovskaya, CEO of Fortune Media. “For U.S.-based and global companies alike, engaging with this region is no longer optional — it is essential to long term– growth and competitiveness. The Fortune Global Forum is proud to be in Riyadh for the first time, bringing together the world’s most influential leaders to explore opportunities, forge partnerships, and help shape the future of the global economy.” 

Riyadh today stands as the global hub where business leaders gather to envision the future. By hosting the Fortune Global Forum, Saudi Arabia reaffirms its position at the center of global dialogue on growth, innovation, and collaboration,” said His Excellency Fahd Al-Rasheed, Chairman of The Saudi Conventions & Exhibitions General Authority (SCEGA)

“As the global business landscape enters an era defined by tech acceleration, unpredictable geopolitical shifts, and generational demographic transformation, the Fortune Global Forum proudly convenes CEOs and leaders from private and public sectors, as well as innovators and visionaries in Riyadh,” said Alyson Shontell, Fortune Editor in Chief and Chief Content Officer. “In 2025, Saudi Arabia stands at the center of dynamic cultural and economic change. We look forward to facilitating one of a kind crucial dialogue and dealmaking that will shape the next chapter of global business.”

The 2025 Global Forum program will be hosted by Fortune’s award-winning journalists and inspired by year-round reporting on the Fortune 500 and Fortune Global 500 lists. Forum co-chairs are Diane Brady, Executive Editorial Director of Fortune Live Media; Clay Chandler, Fortune Executive Editor, Asia; Matt Heimer, Fortune Executive Editor, Features; and Alyson Shontell, Editor-in-Chief and Chief Content Officer. The co-chairs will be joined by Fortune Live Media Editorial Directors, Kristin Stoller and Ellie AustinJeremy Kahn, Fortune AI Editor; and Peter Vanham, Fortune Editorial Director, Leadership, along with guest hosts, Hala Gorani, Journalist and International News Correspondent, and Noor Nugali, Deputy Editor-in-Chief, Arab News. For more information and the full agenda, visit the event website here

About the Fortune Global Forum: Since 1995, the Fortune Global Forum has been hosted by the editors of Fortune in great cities on the dynamic frontiers of global business. The Forum convenes leaders from companies spanning various industries worldwide — including the chairmen, presidents, and CEOs of the world’s largest multinational corporations. Participation in the Fortune Global Forum is by invitation only. 

Host cities of previous Fortune Global Forums, since 1995, have included New York City, Abu Dhabi, Paris, Toronto, Guangzhou, Rome, San Francisco, Chengdu, Cape Town, New Delhi, Beijing, Washington D.C., Hong Kong, Shanghai, Budapest, Bangkok, Barcelona, and Singapore

About Fortune:
Fortune is a global multi-platform media company built on a legacy of trusted, award-winning reporting and information for those who want to make business better. Independently owned, Fortune tells the stories of the world’s biggest companies and their leaders as well as a new generation of innovators who are moving business forward. Digitally and in print, Fortune measures corporate performance through rigorous benchmarks, and holds companies accountable, in regions around the world. Its iconic rankings include Fortune 500Fortune Global 500Most Powerful Women, and World’s Most Admired Companies.  Fortune builds world-class communities by convening industry thought leaders for exclusive summits and conferences, including the Fortune Global Forum and Brainstorm Tech. For more information, visit fortune.com

Media Contacts: 

Patrick Reilly (Global)
patrick.reilly@fortune.com

Chelsea Hudson (United States)
chelsea.hudson@fortune.com 

APCO  (Saudi Arabia)
FortuneMedia@apcoworldwide.com  

New mtu Series 2000 High Horsepower Engines Produced by MTU Yuchai Power Launched

SINGAPORE, Aug. 25, 2025 /PRNewswire/ — China Yuchai International Limited (NYSE: CYD) (“China Yuchai” or the “Company”), one of the largest powertrain solution manufacturers through its main operating subsidiary in China, Guangxi Yuchai Machinery Company Limited (“Yuchai”), announced that MTU Yuchai Power Co., Ltd. (“MYP”) successfully launched the first batch of the mtu Series 2000 engine. This first batch is being delivered to customers, marking the further expansion of MYP’s product line.

MYP is a 50/50 joint venture between Yuchai’s Marine and Genset Power subsidiary and Rolls-Royce’s Power Systems division.  The current mtu Series 4000 engines have been highly recognized by customers in the high-end power generation market.  Its production has increased in quantity every year, with cumulative production since its inception exceeding 3,000 units.

With the commencement of the Phase II development last year, MYP has produced and will produce the new mtu Series 2000 engines at its Suzhou plant, and is expanding production and sales of the mtu Series 4000 S83 oil and gas engines at its Yulin plant.  Both the new mtu Series 2000 engines and the mtu Series 4000 S83 engines rolled off the production line this year, enriching MYP’s product portfolio and expanding its application areas.

The new mtu Series 2000 engine produced by MYP is suitable both as a primary and a backup solution for power generation applications.  It features high-power performance, excellent fuel efficiency, and outstanding stability.  Its launch and market entry  injects new momentum into the rapid development of MYP.

Mr. Weng Ming Hoh, President of China Yuchai, commented, “High-horsepower engine sales have been a key growth driver.  With the inclusion of these new engines, we are better positioned to further expand our customer base and sustain long-term sales growth.”

About China Yuchai International

China Yuchai International Limited, through its subsidiary Guangxi Yuchai Machinery Company Limited (“Yuchai”), is one of the leading powertrain solution providers in China. Yuchai specializes in the design, manufacture, assembly, and sale of a wide variety of light-, medium- and heavy-duty engines for trucks, buses, pickups, construction and agricultural equipment, and marine and power generation applications. Yuchai offers a comprehensive portfolio of powertrain solutions, including but not limited to diesel, natural gas, and new energy products such as pure electric, range extenders, and hybrid and fuel cell systems.  Through its extensive network of regional sales offices and authorized customer service centers, Yuchai distributes its engines directly to auto OEMs and distributors while providing after-sales services across China and globally.  Founded in 1951, Yuchai has established a reputable brand name, built a strong research and development team, and achieved a significant market share in China. Known for its high-quality products and reliable after-sales support, Yuchai has also expanded its footprint into overseas markets.  In 2024, Yuchai sold 356,586 engines, further solidifying its position as a leading manufacturer and distributor of engines in China.  For more information, please visit http://www.cyilimited.com.  

Safe Harbor Statement:

This news release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The words “believe”, “expect”, “anticipate”, “project”, “targets”, “optimistic”, “confident that”, “continue to”, “predict”, “intend”, “aim”, “will” or similar expressions are intended to identify forward-looking statements. All statements other than statements of historical fact are statements that may be deemed forward-looking statements. These forward-looking statements, including, but not limited to, statements concerning China Yuchai’s and the joint venture’s operations, financial performance and condition, are based on current expectations, beliefs and assumptions which are subject to change at any time. China Yuchai cautions that these statements by their nature involve risks and uncertainties, and actual results may differ materially depending on a variety of important factors such as government and stock exchange regulations, competition, political, economic and social conditions around the world and in China, including those discussed in China Yuchai’s Form 20-Fs under the headings “Risk Factors”, “Results of Operations” and “Business Overview” and other reports filed with the Securities and Exchange Commission from time to time. All forward-looking statements are applicable only as of the date they are made and China Yuchai specifically disclaims any obligation to maintain or update the forward-looking information, whether of the nature contained in this release or otherwise, in the future.

For more information:

Investor Relations
Kevin Theiss
Tel: +1-212-510-8922
Email: cyd@bluefocus.com 

 

Northern Laos Braces for Heavy Rains as Typhoon Kajiki Prompts Railway Halt

Northern Laos Braces for Heavy Rains as Typhoon Kajiki Prompts Railway Halt

Laos is preparing for severe weather as Typhoon Kajiki, one of the strongest storms of 2025, moves inland from central Vietnam, bringing heavy rain and flood risks.

In response to the approaching storm, the Lao-China Railway (LCR) has announced the temporary suspension of all passenger trains on 25 and 26 August. Authorities said the suspension is necessary to protect passengers’ safety.

Travellers can cancel or exchange tickets free of charge through the LCR Ticket app or at station counters, with refunds available up to 30 days after the planned travel date.


Although Kajiki is expected to weaken rapidly over mountainous terrain, forecasters warn that its remnants could bring heavy rainfall across large parts of the country starting the night of 26 August.

Meteorological authorities project intense rains in eastern and northern Laos, raising the risk of flash floods and landslides in vulnerable provinces such as Xieng Kouang, Luang Prabang, and other northern regions.

Kajiki is currently sustaining winds of around 165 kilometers per hour, and even as a weakened system, it has the potential to disrupt transport, damage homes, and overwhelm local infrastructure.

Authorities are issuing precautionary advisories for riverside communities and warning travelers to expect possible road closures and power outages.

Flashback to Typhoon Yagi

The storm has revived memories of past disasters in Laos. On 9 September last year, Typhoon Yagi triggered heavy flooding in Luang Namtha Province, causing widespread damage.

Floodwaters forced the temporary closure of the provincial airport, leaving residents stranded and cutting off vital transport links. The typhoon inundated the first floor of the local hospital, severely affecting health services.

One man lost his life to strong currents while returning to help others. Many homes were damaged, with some families forced onto rooftops to escape rising waters.

Neighboring Bokeo Province also experienced flooding, though on a smaller scale.

Officials warn that, although they expect Kajiki to be weaker than Yagi, it could still trigger widespread flooding rural areas.

With the rainy season placing further strain on rivers, the authorities urge communities across Laos to monitor updates closely, prepare emergency supplies, and follow evacuation warnings if issued.

Hong Kong Stablecoin Forum Focuses on Payment Innovation – Fopay’s “Three-Pillar” Solution Leads Industry Trends

HONG KONG, Aug. 25, 2025 /PRNewswire/ — With the formal enactment of the Hong Kong Stablecoin Ordinance, new momentum has been injected into the development of digital financial technology. The “Stablecoin Innovation Forum: Exploring the New Era of RWA and Fintech”, hosted by Alibaba Cloud, was successfully held at the Conrad Hong Kong.

The forum brought together over a hundred industry leaders from fields such as payment finance, physical assets, and trading platforms to engage in in-depth discussions on cutting-edge topics including stablecoin regulatory frameworks, innovative applications of digital assets, and the transformation of brokerages into RWA. Representatives from several well-known institutions shared their innovative practical achievements, collectively exploring how stablecoin technology can reshape the financial services ecosystem.

As the digital payment platform under Hong Kong-listed company WellCell Holdings Co., Limited (02477.HK), Fopay showcased its innovative digital asset circulation solution at the forum, drawing widespread attention from attendees with its three core advantages: “integrated convergence, Hong Kong compliance, and three-step simplicity”.


Security • Compliance • Ease of Use: Redefining the Digital Payment Experience

Fopay Business Development Director Calvin Chau emphasized: “The core pain point in current digital asset applications lies in the fragmented payment experience. Fopay’s mission is to make stablecoin payments as simple as using a credit card.” He elaborated three core advantages on the platform:

Firstly, Fopay’s vision is to fully meet regulatory compliance requirements and, through collaboration with leading industry institutions, build a comprehensive financial payment ecosystem that connects stablecoin assets with the Web 2.0 world. This mainly includes stablecoin asset management, card services, cross-border payments and acquiring services, and more, providing enterprises and individuals with a one-stop service for stablecoin-related receiving, paying, managing, remitting, and exchanging.


Secondly, in the field of digital assets, security and trust are the prerequisites for all innovation. Built on a solid foundation of compliance within Hong Kong’s well-established regulatory framework, Fopay strictly adheres to Hong Kong’s virtual asset regulatory requirements. As a compliant platform under a listed company, it provides institutional-grade protection for user assets through licensed operations, transparent auditing, and a robust reserve mechanism.

This “compliance endorsement” from Hong Kong is the core trust assurance that distinguishes Fopay from other solutions.

Thirdly, creating an extremely simple user experience completed in three steps streamlines the entire process. Users only need three steps: register, top up, and “tap” to spend freely. Fopay significantly lowers the barrier to using digital payments, ensuring technology truly serves people.

Calvin stated that Fopay’s innovative solution not only addresses the payment pain points of individual users but also provides a compliant pathway for enterprises to participate in the digital economy. Fopay will continue to collaborate with industry ecosystem partners to accelerate the synergistic innovation between Web3 and traditional finance, offering implementable solutions for digital asset application scenarios, and supporting the innovative development of fintech in Hong Kong and globally.

Epicsoft Asia Completes Compulsory Acquisition and Delisting of Ban Leong Technologies Limited

SINGAPORE, Aug. 25, 2025 /PRNewswire/ — Epicsoft Asia Pte. Ltd. (“Epicsoft Asia” or “Offeror”), an indirect subsidiary of GCL Global Holdings Ltd (“GCL”) (NASDAQ: GCL), today announced it has completed the compulsory acquisition of Ban Leong Technologies Limited (“Ban Leong“) on August 25, 2025, and that Ban Leong will be delisted from the Official List of the Singapore Exchange Securities Trading Limited (“SGX-ST”) on August 26, 2025 (collectively, the “Announcement”).

For over three decades, Ban Leong has been a leading distributor of technology products across Asia, offering an extensive portfolio that includes IT accessories, gaming components, smart (IoT) devices, and commercial solutions. The company is an authorized distributor for more than 50 globally recognized brands, including Razer, Nvidia, Samsung, Huawei, TP-Link, and LG. Leveraging a comprehensive multi-channel distribution strategy, Ban Leong reaches customers through e-commerce platforms, brick-and-mortar retailers, chain stores, and direct sales to corporate resellers and system integrators. The company also operates service centers in Singapore, Malaysia, and Thailand, providing dedicated technical support and repair services to ensure quality and customer satisfaction.

“This acquisition opens an exciting new chapter for Ban Leong, one that will unlock opportunities, fuel innovation, and strengthen our ability to deliver exceptional technology solutions across Asia,” said Ronald Teng, Managing Director of Ban Leong. “The acquisition marks a significant milestone in our 30-year journey, enabling us to leverage GCL’s global ecosystem, expertise, and distribution network to accelerate growth and generate value for our customers, partners, and brands. Together, we look forward to driving innovation, expanding our market presence, and delivering technology solutions that empower businesses and enrich lives across Asia.”

“Today we celebrate the completion of the entire deal and officially welcome Ban Leong’s talented team to the GCL family. This milestone is a pivotal step forward in our vision to build a fully integrated gaming ecosystem that bridges content, hardware, and distribution across Asia and beyond,” said Sebastian Toke, Group CEO of GCL.

“The combination of our strengths is expected to result in significant synergies, from operational efficiencies and economies of scale to new revenue streams and expanded sales channels. By aligning with Ban Leong’s proven marketing and procurement strategies in consumer electronics and gaming hardware, we see exciting opportunities to enhance our market positioning and generate value for our customers. Together, we’ll explore initiatives such as introducing branded gaming devices pre-installed with GCL game titles, expanding B2C offerings for gaming peripherals and PC components, and leveraging our joint infrastructure to support the broader commercialization of our gaming portfolio. We look forward to this next chapter of innovation and collaboration and are excited about the future we will build together.”

This press release should be read in conjunction with the full text of the Announcement, a copy of which may be obtained from the website of the SGX-ST.

About GCL Global Holdings Ltd

GCL Global Holdings Ltd leverages its diverse portfolio of digital and physical content to bridge cultures and audiences by introducing Asian-developed IP to a global audience across consoles, PCs, and streaming platforms.

Learn more at http://www.gclglobalholdings.com.

About GCL Global Pte. Ltd.

GCL Global Pte. Ltd. (“GGPL”) unites people through immersive games and entertainment experiences, enabling creators to deliver engaging content and fun gameplay experiences to gaming communities worldwide with a strategic focus on the rapidly expanding Asian gaming market. It is an indirect wholly-owned subsidiary of GCL Global Holdings Ltd.

About Epicsoft Asia Pte. Ltd.

Epicsoft Asia Pte. Ltd. (“Epicsoft Asia”), a wholly-owned subsidiary of GCL Global Pte. Ltd., is a premier distributor of interactive entertainment software. With a robust network and a proven track record of successful game launches, Epicsoft Asia is dedicated to bringing premier gaming experiences to players across Taiwan, Hong Kong, and Southeast Asia.

About Ban Leong Technologies Limited

Ban Leong Technologies Limited (“Ban Leong“) was incorporated in Singapore on 18 June 1993 and was listed on the Main Board of the Singapore Exchange Securities Trading Limited on 23 June 2005. The principal activities of Ban Leong and its subsidiaries are the wholesale and distribution of computer peripherals, accessories and other multimedia products. Ban Leong distributes a wide range of technology products, with key segments that include IT accessories, gaming, multimedia, smart technology and commercial products. Ban Leong is headquartered in Singapore with regional offices in Malaysia and Thailand.

Forward-Looking Statements

All statements other than statements of historical facts included in this press release are or may be forward-looking statements. Forward-looking statements include but are not limited to those using words such as “aim”, “seek”, “expect”, “anticipate”, “estimate”, “believe”, “intend”, “project”, “plan”, “strategy”, “forecast”, “targets” and similar expressions or future or conditional verbs such as “will”, “would”, “should”, “could”, “may” and “might”. These statements reflect the Offeror’s current expectations, beliefs, hopes, intentions or strategies regarding the future and assumptions in light of currently available information. Such forward-looking statements are not guarantees of future performance or events and involve known and unknown risks and uncertainties. Accordingly, actual results or outcomes may differ materially from those described in such forward-looking statements. Shareholders and investors should not place undue reliance on such forward-looking statements, and the Offeror does not undertake any obligation to update publicly or revise any forward-looking statements, subject to compliance with all applicable laws and regulations.

Bybit Unveils 1H 2025 Report: A Masterclass in Crisis Response, AI-Driven Innovation, and Market Leadership

DUBAI, UAE, Aug. 25, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume,  has published its 1H 2025 Half-Year Report, revealing how it turned one of the most challenging periods in crypto history into a milestone of resilience, innovation, and growth.

Bybit Unveils 1H 2025 Report: A Masterclass in Crisis Response, AI-Driven Innovation, and Market Leadership
Bybit Unveils 1H 2025 Report: A Masterclass in Crisis Response, AI-Driven Innovation, and Market Leadership

The first half of 2025 was marked by a coordinated $1.4 billion cyberattack on one of our vendors by the Lazarus Group—one of the largest security threats the crypto industry has ever faced. Yet Bybit emerged stronger, demonstrating operational maturity, swift crisis response, and its ability to lead from the front. The exchange fully protected its users, introduced breakthrough AI tools, expanded its regulated footprint, and cemented its position as the most trusted gateway to Web3.

Key Takeaways from the Report

  • 70M+ registered users as of May 9 — reaffirming Bybit as the world’s #2 crypto exchange by trading volume.
  • 0 client fund loss — Bybit’s 1:1 reserve guarantee ensured all user assets remained fully intact after the Lazarus attack.
  • $73.36M frozen and $29.7M recovered via LazarusBounty — with $141M+ in illicit flows traced.
  • BTC market depth rebounded to $13M/day within 30 days — leading the industry in liquidity recovery.
  • 5M+ users on TradeGPT — Bybit’s AI assistant powering smarter, faster trading decisions.
  • 78 TradFi instruments + 10+ tokenized stocks launched — from AAPL and TSLA to SPY, users can now trade real-world equities and ETFs via Bybit TradFi and xStocks on Spot, bringing global markets on-chain
  • 2M+ Bybit Card users — accepted via Mastercard, Apple Pay, and Google Pay at 150M+ global merchants.
  • Over $2M pledged for global good — from earthquake relief in Tibet, Myanmar, and Thailand, to flood aid in South Africa, $1M impact investment via BGA in Latin America, and $200K+ in scholarships for students across Africa and Korea.
  • 50+ security upgrades — a slew of security upgrades after 9 security audits within a month and full Proof-of-Reserves, establishing new trust benchmarks.
  • MiCAR license secured in Austria — enabling Bybit to serve 450M+ Europeans through a fully regulated framework and passport its services in 29 EEA (European Economic Area) countries

“Trust is the foundation of everything we do at Bybit. We’ve proven not only that we’re solvent and secure, but also that we act with full transparency—especially when it matters most,” said Ben Zhou, co-founder and CEO of Bybit. “Securing a MiCAR license and expanding our regulatory footprint reflects our long-term vision: to be the most trusted and compliant gateway to Web3.”

The Bybit H1 2025 Half-Year Report offers exclusive data, operational insights, and a blueprint for how leading crypto institutions can navigate volatility while building for the future. From AI-driven trading to real-world asset tokenization and global regulatory alignment, the report underscores how Bybit is not just responding to change—it’s shaping what comes next.

The second half of the year will mark a pivotal era for Bybit—a time to reshape crypto’s role in everyday life and traditional finance. As a key player in the industry, Bybit embraces the responsibility of driving broader adoption for the crypto industry. We are committed to being a leading force in rewriting security and industry standards—co-building is in our DNA.

Download the Full Report here.

#Bybit / #TheCryptoArk / #IMakeIt

About Bybit

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 70 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.

For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: media@bybit.com
For updates, please follow: Bybit’s Communities and Social Media

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