Thursday, 19 June 2025

CGTN: China, Central Asia Seal Landmark Treaty At Astana Summit

KUALA LUMPUR, June 18 (Bernama) -- China Global Television Network (CGTN) has reported that the second China-Central Asia Summit, held recently in Astana, Kazakhstan, marked a significant step in strengthening ties between China and the five Central Asian nations.

According to CGTN in a statement, the event was notable for being the first summit of its kind hosted in a Central Asian country.

A key outcome of the summit was the signing of the Treaty of Permanent Good-Neighborliness and Friendly Cooperation, a landmark agreement aimed at codifying lasting friendship and mutual support among the six participating nations — China, Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, and Uzbekistan.

Chinese President Xi Jinping, in his keynote address, described the treaty as both "a milestone for today and a foundation for tomorrow."

CGTN emphasised the importance of what Xi termed the "China-Central Asia Spirit", which promotes mutual respect, trust, benefit, and assistance in pursuit of shared modernisation goals.

The summit also reaffirmed the biennial format of the China-Central Asia mechanism, first launched at the inaugural summit in Xi'an in 2023. According to a CGTN poll, 90 per cent of respondents believe the mechanism focuses not on competition but on long-term stability, development, and cooperation.

The report also noted that China has established comprehensive strategic partnerships and signed Belt and Road Initiative (BRI) cooperation documents with all five Central Asian nations.

The summit reinforced the role of the BRI in driving economic collaboration. Xi called for enhanced practical cooperation in areas such as trade, connectivity, agriculture, and green mining. China also pledged to establish three new cooperation centres for poverty reduction, education exchange, and desertification prevention, as well as a trade facilitation platform.

The summit, CGTN concluded, reflects the deepening of high-level strategic trust and shared commitment to building a community with a shared future, underpinned by the high-quality development of the BRI.

-- BERNAMA

Jumio Launches Premium Liveness Detection Solution for Superior Protection Against Deepfakes and Injection Attacks

 


Table

Jumio Launches Premium Liveness Detection Solution for Superior Protection Against Deepfakes and Injection Attacks


Patented biometric and AI technology helps businesses fight sophisticated identity fraud while providing full control



SUNNYVALE, Calif., June 19 (Bernama-BUSINESS WIRE) -- Jumio, the leader in AI-powered identity intelligence anchored in biometric authentication, automation and data-driven insights, today announced general availability of Jumio Liveness Premium with advanced deepfake detection, the company’s most advanced biometric liveness detection solution to date.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250618472801/en/
 
Jumio’s premium solution leverages a patented Jumio technology, combining randomized color sequences and AI-driven analysis to confirm human presence in real time, effectively stopping spoofing attacks before they impact businesses. With this release, Jumio adds another layer of security to the recently launched Jumio Liveness, an advanced, in-house liveness detection technology that expands beyond traditional presentation attacks, such as paper or screen copies, and employs sophisticated AI models to block advanced threats like injection attacks and deepfakes.

Enabled customers using this advanced technology during early release are already seeing measurable value, with one leading LATAM finance startup now catching over 30% more sophisticated fraud attempts including injection attacks and deepfakes.

Jumio’s comprehensive multi-layer defense strategy tackles a wide range of attack types, both current and emerging. By combining liveness detection, AI-driven fraud detection, anti-spoofing technologies and the power of connected intelligence, Jumio’s system is designed to defend against existing threats while staying agile enough to address future attacks. This robust strategy is backed by an expansive portfolio of more than 300 issued patents and patent applications spanning nearly 100 unique patent families and ensures that businesses using Jumio’s services remain protected in an ever-evolving fraud landscape.

“Attackers are using tools that were once confined to research labs. AI-generated faces, synthetic overlays and injection techniques are now being deployed at scale by bad actors,” said Bala Kumar, chief product and technology officer at Jumio. “Jumio’s premium liveness with advanced deepfake detection addresses the next generation of fraud head-on and is the perfect solution for businesses seeking to proactively increase their defenses.”

To learn more about Jumio and its award-winning, AI-powered solutions, visit jumio.com.

About Jumio

Jumio helps organizations to know and trust their customers online. From account opening to ongoing monitoring, the Jumio Platform provides AI-powered identity intelligence anchored in biometric authentication, automation and data-driven insights to accurately establish, maintain and reassert trust.

Leveraging powerful automated technology including biometric screening, AI/machine learning, liveness detection and no-code orchestration with hundreds of data sources, Jumio helps to fight fraud and financial crime, onboard customers faster and meet regulatory compliance including KYC and AML. Jumio has processed more than 1 billion transactions spanning over 200 countries and territories from real-time web and mobile transactions.

Based in Sunnyvale, California, Jumio operates globally with offices and representation in North America, Latin America, Europe, Asia Pacific, and the Middle East and has been the recipient of numerous awards for innovation. Jumio is backed by Centana Growth Partners, Great Hill Partners and Millennium Technology Value Partners.

For more information, please visit www.jumio.com.

View source version on businesswire.com: 
https://www.businesswire.com/news/home/20250618472801/en/

Contact

Media Contacts
U.S. Media Contact
Haleigh Kent-Bryant
10Fold Communications
jumio@10fold.com
810-516-5486

APAC Media Contact
Luke Nazir
FINN Partners
Luke.Nazir@finnpartners.com
+65 8139 2504

LATAM Media Contact
Lavinia Muñoz
Sentidos Comunicaciones
lavinia@sentidoscomunicaciones.com
+52 5510124305


Source : Jumio

Wednesday, 18 June 2025

PETRONAS AND KOGAS SIGN MOU TO DRIVE GLOBAL ENERGY INNOVATION AND SUSTAINABILITY

 

Memorandum of Understanding (MoU) Commemorative Signing Ceremony between Petroliam Nasional Berhad (PETRONAS) & Korea Gas Corporation (KOGAS) on the sidelines of Energy Asia 2025.
Mr. Shamsairi M Ibrahim, Vice President of LNG Trading, PETRONAS (to the left), Datuk Adif Zulkifli, Executive Vice President and CEO of Gas & Maritime, PETRONAS, and Mr. Oh Kwon Taek, Senior Vice President, Hydrogen & New Business Unit of KOGAS

KUALA LUMPUR, June 18 (Bernama) -- PETRONAS and Korea Gas Corporation (KOGAS) have strengthened their long-standing partnership with the signing of a Memorandum of Understanding (MoU) aimed at driving innovation and sustainability within the global energy sector.

The MoU not only reinforces PETRONAS’ commitment as a long-term Liquefied Natural Gas (LNG) supplier to KOGAS, but also in advancing cleaner energy solutions through opportunities in carbon capture and storage (CCS), renewable energy and hydrogen development to address pressing climate challenges.

Vice President of LNG Marketing and Trading, Shamsairi Mohd Ibrahim said, “This continued collaboration with KOGAS signifies a key milestone in our longstanding partnership and reaffirms our shared commitment in advancing innovative and sustainable energy solutions.”

A pivotal advancement in the longstanding partnership established since 1991, PETRONAS looks forward to driving progress across the energy value chain with KOGAS, leveraging their combined expertise to deliver cleaner, more reliable energy to global markets in shaping a low-carbon future.

Senior Vice President of Hydrogen and New Business Unit, Mr. Oh, Kwon Taek, also added: “We hope that today’s signing of this MoU will serve as a meaningful milestone, enabling our two companies to combine complementary strengths. As we move forward together, we are confident that this partnership will not only contribute to the development of both companies but also play a vital role in promoting sustainable energy solutions.”

About PETRONAS

As a global energy and solutions partner, PETRONAS is driven by its purpose to enrich lives for a sustainable future. With presence in over 100 countries, the group continues expanding its portfolios ranging from conventional and cleaner energy solutions to a diverse range of fuel, lubricants and petrochemical products. While ensuring sustainable practices across its operations, PETRONAS strives to ensure just and equitable outcomes in transitioning to a lower carbon future.

Issued by:
Media Communications
Group Strategic Relations & Communications
PETRONAS

SOURCE: Petroliam Nasional Berhad (PETRONAS)

FOR MORE INFORMATION, PLEASE CONTACT:
Name: Tunku Putri Nur Asma
Tel: +6012 299 5727
Email: tunkuputrinurasma.t@petronas.com

Name: Anisa Adnin
Tel: +6013 904 2724
Email: anisaadnin.mohamad@petronas.com

--BERNAMA

Tuesday, 17 June 2025

1000 Miglia Returns With Iconic Route, Expanded Programme

KUALA LUMPUR, June 16 (Bernama) -- The 1000 Miglia is set to return from June 17 to 21, with 420 classic cars tackling a 1,900-kilometre (km) route across Italy in a five-day event that echoes the spirit of its epic pre-war editions.

Departing from Viale Venezia in Brescia, this year’s route forms a symbolic figure-eight, connecting the eastern Adriatic and western Tyrrhenian coasts while preserving the classic Brescia-Rome-Brescia path.

Highlights include stopovers in San Lazzaro di Savena (Bologna), Rome, Cervia-Milano Marittima, and Parma, before the grand return to Brescia for a final parade in Piazza Vittoria, coinciding with Festa della Musica.

Meanwhile, the passage through the Naval Academy in Livorno will seal the partnership with the Italian Navy, showing the collaboration and closeness that the Armed Forces and Police have always reserved for the 1000 Miglia.

The 1000 Miglia 2025 convoy will be preceded by 123 Ferraris from the Tribute 1000 Miglia and 1000 Miglia Green electric cars, accompanied by the Politecnico di Milano’s robo-driven cars reflecting on the introduction of autonomous driving for optimising urban transport.

The pre-race programme started on June 15 with the inauguration of the 1000 Miglia Village in the historic setting of Piazza Vittoria featuring children from the “La 1000 Miglia goes to school” project that decorate the car dedicated to the initiative, travelling behind the convoy.

Furthermore, the 1000 Miglia Charity Car, with La Zebra Onlus, will raise public awareness of the purchase of a latest-generation ultrasound scanner to be donated to the Children's Hospital in Brescia.

-- BERNAMA

NX Malaysia Opens Logistics Centre In Penang

KUALA LUMPUR, June 16 (Bernama) -- Nippon Express (Malaysia) Sdn Bhd (NX Malaysia), a group company of Nippon Express Holdings Inc, has opened a new warehouse facility, the Batu Kawan Logistics Center, near the Batu Kawan Industrial Park in Penang, Malaysia.

The completion ceremony for the facility was held on May 27, marking a significant step in supporting the growing logistics demand in the region, particularly for the semiconductor and medical equipment industries, according to a statement. 

Penang, widely known as the “Silicon Valley of the East”, is Malaysia’s second-largest economy after Greater Kuala Lumpur and continues to attract foreign investments in high-tech manufacturing. 

The state government’s efforts to attract medical equipment producers and the overall growth in import and export activities have heightened the need for advanced logistics services.

The Batu Kawan Industrial Park, which spans approximately 2,860 hectares, houses around 120 foreign companies, including many from Japan, in the semiconductor, medical, electrical and electronics sectors.

The park is located about 25 kilometres from Penang International Airport and is connected by major expressways and the Penang Second Bridge.

NX Malaysia’s new logistics centre features a fully air-conditioned warehouse with a floor area of 9,204 square metres and a ceiling height of 12 metres. The facility includes high-floor berths, electric dock levellers, and loading docks, offering 24-hour manned security with full closed-circuit television (CCTV) surveillance.

In addition to storage, the warehouse provides value-added services such as repacking, kitting, and labelling to cater to a broad range of industry needs.

The Nippon Express facility demonstrates the NX Group’s ongoing commitment to developing global logistics platforms that support customers’ business operations through reliable and high-quality logistics solutions.

-- BERNAMA

PETRONAS BOOSTS MALAYSIA’S ENERGY SECURITY WITH AWARD OF PSC FOR TEMARIS CLUSTER SMALL FIELD ASSET

 

Senior Vice President of Malaysia Petroleum Management, Datuk Ir. Bacho Pilong, together with representatives from Seascape Energy, AFED TEXCAL and POSCO International, commemorating the signing of the Temaris Cluster SFA PSC and two Technical Evaluation Agreements.

KUALA LUMPUR, June 17 (Bernama) -- PETRONAS, through Malaysia Petroleum Management (MPM), has awarded the Temaris Cluster Small Field Asset Production Sharing Contract (SFA PSC) to Seascape Energy Asia (One) Sdn Bhd, a wholly owned subsidiary of Seascape Energy Asia plc (Seascape).

Located in the Malay Basin offshore Peninsular Malaysia, the Temaris Cluster comprises the Tembakau and Mengkuang gas fields. This marks the second SFA PSC awarded from the three Discovered Resource Opportunities (DRO) clusters offered under the Malaysia Bid Round 2025 launched earlier this year.

Strategically located near existing production infrastructure, the Temaris Cluster benefits from development synergies that enable, cost efficiency and accelerated monetisation of resources.

Senior Vice President of MPM, Datuk Ir. Bacho Pilong, said, “PETRONAS is actively pursuing the development of Peninsular Malaysia's hydrocarbon resources. With an expected output of approximately 100 million standard cubic feet of gas per day (MMscfd) and first production targeted by 2029, the Temaris Cluster SFA PSC marks another milestone in our continuous efforts to support the nation’s energy security while driving sustainable growth in the industry.”

As the sole party to the SFA PSC, Seascape will mark its operational debut in Malaysia, affirming the country’s position as a leading energy investment destination.

As part of the strategic move to expand Peninsular Malaysia’s hydrocarbon resources, PETRONAS has also signed Technical Evaluation Agreement (TEA) with AFED TEXCAL Energy Ventures (AFED TEXCAL) for Langkasuka basin in the Straits of Malacca and POSCO International (POSCO) for Layang-Layang Basin off the coast of Sabah. The collaboration highlights PETRONAS’ continued commitment to activate frontier basins and advancing exploration efforts in this promising area.

PETRONAS remains committed to ensuring an optimal and sustainable supply of oil and gas for energy security, with MPM playing a crucial role in managing the country’s petroleum resources and providing stewardship for upstream petroleum activities in Malaysia.

For more information on investment opportunities in Malaysia, please visit https://www.petronas.com/mpm/


Issued by:

Media Communications Section
Strategic Communications Department
Group Strategic Relations & Communications
PETRONAS

SOURCE: PETRONAS

FOR MORE INFORMATION, PLEASE CONTACT:
Name: Hana Nazsulaeeqa Harun
Tel: +60 10-455 3378
Email: hananazsulaeeqa.haru@petronas.com.my

--BERNAMA

PETRONAS and Commonwealth LNG Sign 20-Year Agreement For Sustainable LNG Supply

CEO of PETRONAS LNG Ltd Ezran Mahadzir (left) and President & CEO of Commonwealth LNG Farhad Ahrabi during a document exchange ceremony on the sidelines of Energy Asia 2025.


KUALA LUMPUR, June 17 (Bernama) -- PETRONAS through its subsidiary PETRONAS LNG Ltd. has entered a Liquefied Natural Gas (LNG) Sale and Purchase Agreement with Commonwealth LNG, LLC (Commonwealth LNG) marking a key milestone in its strategy to diversify its LNG portfolio through long-term supply from the United States.

Under the SPA, PETRONAS is purchasing one million tonnes per annum (MTPA) LNG from Commonwealth LNG for a period of 20 years from Commonwealth’s 9.5 mtpa facility currently under development in Cameron, Louisiana.

The signing was commemorated in a document exchange ceremony between Ezran Mahadzir, Chief Executive Officer of PETRONAS LNG Ltd., and Farhad Ahrabi, President and Chief Executive Officer of Commonwealth LNG on the sidelines of Energy Asia 2025. Also present was Datuk Adif Zulkifli, Executive Vice President and Chief Executive Officer of PETRONAS Gas & Maritime Business and Shamsairi M Ibrahim, Vice President of LNG Marketing and Trading, PETRONAS Gas & Maritime Business.

Shamsairi M Ibrahim, Vice President of LNG Marketing and Trading at PETRONAS, shared, “This agreement underscores PETRONAS’ commitment to fostering global partnerships that ensure reliable, sustainable and long-term LNG supply for our customers. Collaborating with Commonwealth LNG will expand our supply node and strengthen our presence in the global LNG market.”

This collaboration signifies a key step towards a shared ambition to deliver sustainable energy solutions advancing strategic energy collaboration, contributing to regional energy security and reinforcing Commonwealth LNG’s role as a reliable player in the global LNG landscape.

Farhad Ahrabi, President and Chief Executive Officer at Commonwealth LNG, commented, “We’re pleased to establish this partnership and proud that Commonwealth LNG has been invited to help extend PETRONAS’ successful history of more than a half-century in serving global energy needs.”

About PETRONAS

As a global energy and solutions partner, PETRONAS is driven by its purpose to enrich lives for a sustainable future. With presence in over 100 countries, the group continues expanding its portfolios ranging from conventional and cleaner energy solutions to a diverse range of fuel, lubricants and petrochemical products. While ensuring sustainable practices across its operations, PETRONAS strives to ensure just and equitable outcomes in transitioning to a lower carbon future.

Issued by:
Media Communications
Group Strategic Relations & Communications
PETRONAS
 
SOURCE: PETRONAS

FOR  MORE INFORMATION, PLEASE CONTACT: 
Name: Tunku Putri Nur Asma
Tel: +6012 299 5727
Email: tunkuputrinurasma.t@petronas.com 

Name: Anisa Adnin
​Tel: +6013 904 2724
Email: anisaadnin.mohamad@petronas.com 

--BERNAMA

PETRONAS and TotalEnergies Expand Longstanding Upstream Collaboration

KUALA LUMPUR, June 17 (Bernama) -- PETRONAS and TotalEnergies have signed a Strategic Cooperation Agreement (SCA) and two Farm Out Agreements (FOAs) to broaden their upstream collaboration in Malaysia, while making progress on their international partnership under the Bobara Production Sharing Contract (PSC) in Indonesia.

The agreements build on the longstanding partnership between the two companies, with the SCA outlining potential opportunities both internationally and domestically in strategic areas that cover exploration and production, gas and liquefied natural gas (LNG), carbon footprint reduction and cooperation.

For Malaysia, PETRONAS, through its wholly-owned subsidiary, PETRONAS Carigali Sdn Bhd, and TotalEnergies EP Malaysia will jointly explore several offshore exploration blocks across the country’s most prospective hydrocarbon basins. This strategic partnership combines PETRONAS' exploration and operational expertise with TotalEnergies' technical capabilities to optimise exploration efficiency and sustainably develop Malaysia's hydrocarbon resources.

Meanwhile, in Indonesia, PETRONAS, through its wholly-owned subsidiary, PETRONAS Energy Bobara Sdn Bhd and TotalEnergies have successfully finalised the terms of an FOA for the Bobara PSC. This collaboration aims to leverage the combined expertise of both companies to unlock a new hydrocarbon resource in Bobara, a frontier ultra-deepwater block located in the Eastern Indonesia region.

Relevant transactions are currently pending regulatory approvals.

The signing ceremony was attended by senior leadership from both organisations, including PETRONAS President and Group Chief Executive Officer, Tan Sri Tengku Muhammad Taufik, PETRONAS Executive Vice President and Chief Executive Officer of Upstream, Mohd Jukris Abdul Wahab, TotalEnergies Chairman and Chief Executive Officer, Patrick Pouyanné, and TotalEnergies President of Exploration & Production, Nicolas Terraz.

Tan Sri Tengku Taufik said, “For a long time, PETRONAS and TotalEnergies have demonstrated how complementary strengths can unlock new opportunities. Today’s signing marks another significant step forward in our shared commitment to responsible growth and long-term value creation. Together, we will pursue and develop advantaged barrels across Malaysia’s and Indonesia’s frontier exploration blocks. Our focus is on maximising high commercial potential while delivering sustainable value for all stakeholders.”

Patrick Pouyanné said, “TotalEnergies has established itself as a significant gas producer in Malaysia. We are pleased to further expand our presence in the country, which we see as a strategic platform for our future low-cost, low-carbon production and cash-flow growth, underpinned by the exposure to Asian LNG market. TotalEnergies and PETRONAS’ strategic collaboration, which extends well beyond Malaysia through our multiple joint ventures worldwide, enables us to access a large and diverse portfolio in the country, spanning from exploration to production.”

The collaboration advances PETRONAS’ growth strategy of partnering with purpose to create sustainable value for its shareholders while delivering reliable energy.

Issued by
Media Communications
Group Strategic Relations & Communications
PETRONAS

SOURCE: PETRONAS

FOR MORE INFORMATION, PLEASE CONTACT:
Name: Hana Nazsulaeeqa Harun
Tel: +60 10 455 3378
Email: hananazsulaeeqa.haru@petronas.com

--BERNAMA

Saturday, 14 June 2025

TNS Expands APAC Footprint With New Kuala Lumpur Office

 

John Tait, Global Managing Director, TNS Payments Market and Ganesh Satkunalingam, Vice President - Southeast Asia, TNS Payments Market attend the opening of TNS' new office in Kuala Lumpur, Malaysia. 

KUALA LUMPUR, June 12 (Bernama) -- Transaction Network Services (TNS), a global provider of full-stack, modern and secure payment and network solutions, has opened a new office in Kuala Lumpur, Malaysia, underscoring its commitment to the Asia-Pacific (APAC) region and continued global expansion.

The new facility, located in the heart of Kuala Lumpur’s City Centre (KLCC), will serve as a strategic hub for TNS’ Complete Commerce offering—a platform that enables seamless transaction acceptance across terminals and online, connects retail systems via managed network services, and routes payments through a cloud-native orchestration engine to any payment processor.

“By investing in and building its Operations and Shared Services Center in Malaysia, TNS is reinforcing its support structure in APAC for customers in both the country and region.

“We want our customers to have the confidence that we are closer to them in the market. With a long history in the region, we are delighted that Malaysia will play a central role in our long-term global strategy with a 24x7 Network Operations Center (NOC),” said TNS Global Managing Director of Payments Market, John Tait in a statement.

Meanwhile, TNS Vice President Southeast Asia of Payments Market, Ganesh Satkunalingam emphasised the company’s steady growth over the past 12 years through workforce expansion and service development, noting that the new hub reinforces TNS’ long-term commitment to meeting the dynamic needs of customers across APAC.

The new Kuala Lumpur office currently houses more than 50 employees across multiple functions—ranging from Sales and Engineering to Network Operations and Finance—with continued growth expected. The team is primarily composed of local talent, many of whom joined through employee referrals, a testament to the company’s strong internal culture.

The grand opening, held on June 11, was led by Tait and attended by customers, employees, and regional stakeholders. The ceremony featured a ribbon cutting, product demonstrations, and a guided tour of the company’s new state-of-the-art NOC, enabling real-time, round-the-clock service delivery to customers globally.

TNS first entered the Malaysian market in 2013 to serve a single global payments client. Since then, the company has experienced double-digit growth and now supports a diverse customer base, including acquirers, financial institutions, independent ATM deployers (IADs), retailers, and fuel providers both locally and internationally.

TNS’ expansion comes as digital payment systems continue to accelerate across APAC. The company’s Kuala Lumpur hub is designed to support both regional and global clients with high-availability, secure solutions that meet the demands of today’s fast-moving payments landscape.

-- BERNAMA


Friday, 13 June 2025

Bitget Protection Fund Surges over 140% Since Inception Hits All Time High of $725M

VICTORIA, Seychelles, June 12 (Bernama-GLOBE NEWSWIRE) -- Bitget, the leading cryptocurrency exchange and Web3 company, has released a May 2025 report for its user security fund called the Protection Fund, which hit a new peak valuation of $725.1 million in May, marking its highest level since inception. The fund, designed to safeguard user assets in extreme market conditions, showed steady growth throughout the month, with an average monthly valuation of $673.5 million.

Originally launched with a $300 million reserve, the fund has grown by over 140%, aligned with the appreciation of BTC holdings and Bitget’s strategic focus on market insurance. The fund's value fluctuates in accordance with the price of Bitcoin, with May’s performance boosted by BTC trading above $110,000 on multiple occasions.

This level of capital reserve positions Bitget among the top exchanges globally in terms of user asset security through on-chain protection mechanisms.

As volatility continues to define the broader crypto environment, the rise in fund valuation serves as a key signal of resilience. The increase shows the effectiveness of holding reserves in BTC and the confidence in the long-term fundamentals of the asset.

Bitget continues to publicly disclose regular snapshots of the Protection Fund wallet to maintain transparency. The reserve remains untouched and unleveraged, offering users a layer of reassurance against incidents such as platform breaches, asset freezes, or unforeseen events affecting trading integrity.

Launched in 2022 with an initial allocation of $300 million, the Protection Fund has more than doubled in size, bolstered by Bitget’s steady platform growth and smart financial management. Bitget’s security framework is built on a comprehensive, multi-layered approach that goes well beyond its multi-million dollar Protection Fund and over 100% Proof of Reserves.

With monthly Merkle Tree audits verifying full asset backing and ISO 27001:2022 certification asserting best-in-class protocols, the platform integrates SSL encryption and an advanced risk control system that actively monitors suspicious activity. This combination of rigorous standards and real-time protection has kept Bitget breach-free since 2018 and contributed to its AAA security rating and helped reinforce user confidence to set a benchmark for transparency across the industry.

With institutional and retail attention on risk management intensifying, the growing scale of Bitget’s Protection Fund is an integral part of the platform's strength.

For more information and monthly updates on the Protection Fund, visit here.

About Bitget

Established in 2018, Bitget is the world's leading cryptocurrency exchange and Web3 company. Serving over 120 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions, while offering real-time access to Bitcoin priceEthereum price, and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a leading non-custodial crypto wallet supporting 130+ blockchains and millions of tokens. It offers multi-chain trading, staking, payments, and direct access to 20,000+ DApps, with advanced swaps and market insights built into a single platform. Bitget is at the forefront of driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World's Top Football League, LALIGA, in EASTERN, SEA and LATAM markets, as well as a global partner of Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team), to inspire the global community to embrace the future of cryptocurrency.

For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet

For media inquiries, please contact: media@bitget.com

Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use.

Photos accompanying this announcement are available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/5caed623-6b6b-4367-a1a4-ffa96d2e6b77
https://www.globenewswire.com/NewsRoom/AttachmentNg/8c50cc5f-fe7c-4ec0-a781-70fb01e2c519

SOURCE: Bitget Limited

DISCLAIMER: BERNAMA MREM
 are not accountable for any causes of website defacement, misuse, or illegal activities connected to cryptocurrency, blockchain, tokenisation, or bitcoin. This material should not be considered as guidance or an opinion, as it does not constitute financial or investment advice. Use this information at your own risk; we are not liable for any losses or damages caused by the republication of this article.

--BERNAMA

Thursday, 12 June 2025

CGTN HIGHLIGHTS BREAKTHROUGH IN CHINA-US TRADE TALKS FOLLOWING LONDON MEETING



KUALA LUMPUR, June 12 (Bernama) -- China and the United States (US) have made notable progress in addressing bilateral economic and trade concerns, according to China Global Television Network (CGTN), following the first official meeting of their new economic and trade consultation mechanism held in London.

According to CGTN in a statement, the two-day talks held from June 9 to 10 marked a significant step forward in stabilising China-US economic relations.

In a detailed report, the Chinese state broadcaster highlighted mutual commitments to constructive dialogue, reaffirming both nations' support for cooperation over confrontation in advancing global economic stability.

The London meeting built upon consensus reached during a June 5 phone call between Presidents Xi Jinping and Donald Trump. CGTN reported that Chinese and American officials reached a principled agreement on implementing that consensus and further consolidating the progress achieved during earlier talks in Geneva in May.

The meeting was attended by Chinese Vice Premier He Lifeng, along with US Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick, and US Trade Representative Jamieson Greer.

CGTN quoted Vice Premier He as calling the meeting a critical consultation “under the strategic guidance of the two heads of state”, stressing that cooperation, rather than confrontation, remains the essence of the bilateral relationship.

The CGTN report also featured expert analysis from Sun Taiyi, an associate professor of political science at Christopher Newport University, who described the London meeting as a chance to “clarify outstanding economic and trade issues and help steer bilateral relations back on track.”

The London meeting followed significant developments at a high-level session in Geneva from May 10 to 11, where both nations agreed to substantially reduce tariffs. A joint statement issued on May 12 confirmed the US had lifted 91 per cent of its additional tariffs on Chinese goods, while China responded with a similar reduction in retaliatory measures.

In response to the changes, container bookings from China to the US surged by nearly 300 per cent, according to data from Vizion, a container tracking data provider. In Shenzhen’s Yantian Port, inbound container volumes reportedly rose by over 60 per cent by the end of May.

CGTN’s coverage also highlighted remarks from Michael Hart, the American Chamber of Commerce in China president, who said the tariff war underscored China’s role as both a critical supplier and an irreplaceable market for the US.

-- BERNAMA

Horizon3.ai Raises $100M to Cement Leadership in Autonomous Security

 


The Future of Cybersecurity is AI Fighting AI, and Horizon3.ai is Leading the Way


SAN FRANCISCO, June 12 (Bernama-BUSINESS WIRE) -- Horizon3.ai, the company behind the NodeZero® Autonomous Security Platform, today announced a $100 million Series D funding round led by NEA, with participation from SignalFire, Craft Ventures and 9Yards Capital. As part of the investment, Lila Tretikov, Partner and Head of AI Strategy at NEA and former Deputy CTO of Microsoft, will join the Horizon3.ai Board of Directors.

“Over the past four years, we’ve proven that using AI to hack companies isn’t science fiction—it’s real, and it’s delivering measurable results at scale. There are now over 3,000 organizations using NodeZero globally to conduct penetration tests. We’re sustaining 100%+ year-over-year ARR growth, and we are now Rule of 40-positive, which means we’re not just growing—we’re growing efficiently,” said Snehal Antani, CEO and Co-founder of Horizon3.ai. “This raise marks the next chapter in our mission to lead the Autonomous Security category.”

“Security teams are tired of chasing CVEs, false positives, and compliance checkboxes. They want to find and fix what actually matters, verify it’s resolved, and go home early,” said Antani. “The hardest part of the job as a CIO is deciding what not to fix. The second hardest part is proving to the board that your security initiatives are meaningfully reducing risk. NodeZero plays a critical role in reducing your threat exposure over time.”

Targeting an $80B Total Addressable Market: Autonomous Security

The cybersecurity market is undergoing a generational shift. NodeZero successfully compromised a bank in 4 minutes with no humans required, far faster than the reaction time of the bank’s security team and their best-in-class tools. Similarly, adversaries are leveraging AI to exponentially increase the sophistication, complexity, speed and scale of attacks. The Horizon3.ai thesis is simple: the future of cyber will be algorithms fighting algorithms—at machine speed—with humans by exception. This requires a fundamental rebuild of every part of the cybersecurity stack. And to do so effectively, you need a deep understanding of how attackers operate—and an AI system that can use offensive insights to drive defensive improvements. Horizon3.ai is leading this shift.

“Horizon3.ai has already realized what others are just beginning to imagine. NodeZero is a fully autonomous security system operating in live production environments—executing real attacks, uncovering real risk, and delivering real results,” said Antani.

Powered by reinforcement learning, graph reasoning, and AI, NodeZero doesn't simulate adversaries—it thinks and acts like one. Each cyber attack against production systems executed by NodeZero collects training data used to improve its algorithms, creating a compounding data advantage that no other platform can match. This is the foundation for the next era of cybersecurity, where AI doesn’t just find risk, but continuously improves defenses. Horizon3.ai isn’t chasing the future—it’s building it.

Use of Proceeds: Accelerating Toward the Future

With this funding, Horizon3 is accelerating across three strategic fronts:
  • Scale through partners – Doubling down on its partner ecosystem to meet growing demand across the Americas, EMEA, and APAC.
  • Product innovation – Expanding into web application pentesting, vulnerability management, and precision defense, where NodeZero can remediate findings and tune defensive tools.
  • Winning the federal market – Scaling its success with the Defense Industrial Base through the NSA’s Continuous Autonomous Pentesting (CAPT) program, accelerating FedRAMP High usage, and expanding into Secret and Top Secret workloads to help secure the nation’s most mission-critical systems.
“What drew us to Horizon3.ai is the clarity of their mission and the speed at which they’re executing it,” said Aaron Jacobson, Partner at NEA. “They are defining a new security category—autonomous security—and are already the go-to solution for red and blue teams alike. We’re thrilled to lead this round and support the company’s next phase of growth.”

“Snehal and the Horizon3.ai team are tackling one of the biggest problems in cybersecurity: automating both sides to ensure maximum defensibility against automated and AI-driven attacks,” said Lila Tretikov, Partner and Head of AI Strategy at NEA. “Their customers love NodeZero, and the team has proven to operate with excellence at scale, which is why Horizon3.ai is transforming how security is done. I’m excited to join the board and help shape this next chapter.”

The impact is immediate and measurable. In one recent pentest, NodeZero gained access to sensitive US aircraft carrier design data through a third-party supplier. No humans were involved in the pentest. The platform autonomously compromised the network, gained access to sensitive data, and then guided defenders on exactly what to fix to prevent a breach.

“My old boss used to say, ‘don’t tell me we’re secure, show me, then show me again tomorrow, and again next week, because our environment is always changing and the enemy always has a vote,’” said Antani.

To learn more about NodeZero visit www.horizon3.ai.

For media inquiries and interviews, please see the Media Contact below.

About Horizon3.ai

Horizon3.ai is the leader in autonomous security. Our platform, NodeZero, continuously finds and exploits real-world attack paths so defenders can fix what matters and prove they’re secure. Founded by former U.S. Special Operations cyber operators and enterprise security leaders, Horizon3.ai is trusted by over 3,000 organizations worldwide—from Fortune 500 companies to national defense partners.

View source version on businesswire.com: 
https://www.businesswire.com/news/home/20250610254822/en/

Contact

Media Contact:
Ed Kraft
SourceCode Communications
horizon3@sourcecodecomms.com

Source : Horizon3.ai

MARii AND PETRONAS FORGE STRATEGIC PARTNERSHIP TO DRIVE AUTOMOTIVE INNOVATION WITH AI-POWERED PREDICTIVE MAINTENANCE TECHNOLOGY (ADaPTiV)

MARii and Petronas seal MoU to drive AI-powered predictive maintenance through ADaPTiV initiative

KUALA LUMPUR, June 12 (Bernama) -- The Malaysia Automotive Robotics and IoT Institute (MARii) and PETRONAS’s project management and technical services commercialization arm, PETRONAS Global Technical Solutions Sdn Bhd (PGTSSB) have entered a strategic collaboration aimed at revolutionizing vehicle maintenance through advanced technology.

The collaboration focuses on harnessing the energy company’s Advanced Diagnostic and Prognostic Technology (ADaPT), a predictive analytics technology developed to optimize assets’ structural performance for the energy sector and applying it to the automotive industry under the ADaPTiV initiative.

The partnership was formalised through the signing of a Memorandum of Understanding (MoU) between MARii and PGTSSB, witnessed by YB Liew Chin Tong, Deputy Minister of Investment, Trade and Industry (MITI). Leveraging ADaPT technology driven by artificial intelligence, Internet of Things and Big Data Analytics, ADaPTiV is set to provide intelligent, real-time predictive maintenance for vehicle components. This innovative technology is set to improve vehicle reliability, enhance safety, prolong component lifespan, and offer significant cost savings by optimizing maintenance schedules.

ADaPTiV features powerful AI-powered predictive analysis that forecasts potential component failures and suggests necessary actions before breakdowns occur. Through IoT integration, the system collects real-time data from vehicle components, enabling condition-based maintenance that is both timely and effective. With Big Data Analytics, actionable insights are generated to improve vehicle operational efficiency and support smarter driving behavior.

This initiative not only responds to the technological needs of the automotive sector but also aligns with Malaysia’s national strategic goals. ADaPTiV supports the development of Next Generation Vehicles and Mobility-as-a-Service under the New Industrial Master Plan 2030 and the National Automotive Policy 2020, reinforcing the nation's commitment to smart mobility and sustainable transportation.

Azrul Reza Aziz, CEO of MARii stated, “This strategic partnership with PETRONAS is a landmark moment for MARii and the future of mobility in Malaysia. ADaPTiV represents a powerful convergence of MARii's automotive expertise and PETRONAS' world-class predictive analytics, enabling us to build a more intelligent and reliable vehicle ecosystem. This initiative is a direct embodiment of our commitment to fostering local innovation and achieving the ambitious goals set forth in NIMP 2030 and NAP 2020.”

PETRONAS Senior General Manager of Group Technical Solutions, Projects, Technology and Health, Safety, Security and Environment (PT&HSSE), Mazri Mohd Ali said, “PETRONAS is excited to partner with MARii to introduce our ADaPT technology into the automotive sector through the ADaPTiV initiative. This collaboration is a testament to our commitment to technical and engineering excellence, as we adapt and extend our solutions to new industries. We believe that ADaPTiV will deliver significant value by enhancing vehicle reliability, safety, and operational efficiency, driving cost savings and contributing to a more sustainable transportation landscape in Malaysia.”

The ADaPTiV initiative is set to improve vehicle safety, reduce unexpected breakdowns, and lower maintenance costs through predictive and condition-based actions. With its potential to enhance efficiency and promote sustainability, ADaPTiV can also be applied beyond the automotive sector to benefit a wide range of industries.

SOURCE: Malaysia Automotive, Robotics & IoT Institute (MARii)

FOR MORE INFORMATION, PLEASE CONTACT:
Corporate Communications, MARii
Tel: 6010 239 6969
Email: nurulainaa@marii. my
Tel: 6013 3751961
Email: aliah@marii.my.

--BERNAMA

MELTWATER, 8x8 PARTNER TO BRING SOCIAL INTELLIGENCE TO CONTACT CENTRES

KUALA LUMPUR, June 12 (Bernama) -- Meltwater, a global provider of media, social and consumer intelligence, has announced a partnership with 8x8 Inc under the 8x8 Technology Partner Ecosystem to improve social media-driven customer engagement and service operations.

The collaboration integrates Meltwater’s real-time social insights into the 8x8 Contact Center, enabling businesses to manage social media as an effective customer care and engagement channel.

In a statement, the company said the integration will help organisations overcome challenges in monitoring and analysing customer interactions on social platforms, a growing concern as social media becomes a primary touchpoint for customer service.

“Today’s customers expect fast, personalised responses, especially on social media. Unanswered mentions or delays can lead to missed opportunities and damaged trust,” said Meltwater Senior Vice President of Global Alliances and Partnerships, Doug Balut.

Meanwhile, 8x8 Global Vice President of Business Development and Strategic Partnerships, Victor Belfor said the integration underscores the company’s commitment to providing end-to-end customer experience (CX) solutions.

“We partnered with Meltwater because of its powerful social listening capabilities. This collaboration helps businesses stay connected with their customers through an all-in-one, reliable platform,” he added.

With Meltwater’s capabilities to process over one billion content items daily, the partnership aims to empower customer service teams to respond faster, identify emerging risks, and engage underserved audiences more effectively.

Key features of the integration include advanced keyword filtering to prioritise actionable content such as @mentions and direct messages, streamlined agent workflows, and improved CX across digital platforms.

The integration is part of the 8x8 Technology Partner Ecosystem’s efforts to deliver seamless, native experiences while reducing total cost of ownership and avoiding fragmented technology stacks.

-- BERNAMA

Wednesday, 11 June 2025

DALI Alliance Wins Big at LightFair 2025 with Two Innovation Awards for DALI+

 


LAS VEGAS, June 11 (Bernama-GLOBE NEWSWIRE) -- The DALI Alliance is proud to announce that DALI+, its next-generation wireless and IP-based lighting control technology, earned two top honors at the 2025 LightFair Innovation Awards.

Presented on May 6 at the Las Vegas Convention Center, the annual awards recognize the most groundbreaking developments in the lighting and controls industry. Among the 11 category winners and four distinguished overall awards, DALI+ was recognized for:
  • Category Award: Best Control Enabling Technology
  • Overall Award: The Design Excellence Award
Judged by lighting and controls experts from across the industry, these awards recognize DALI+ as a standout innovation delivering advanced functionality, scalability, and interoperability for modern lighting systems. The judges praised the technology stating: "This represents a big step forward, extending DALI’s benefits to wireless networks."

"These awards validate our vision for a smarter, more connected lighting ecosystem," said Paul Drosihn, General Manager of the DALI Alliance. "DALI+ extends DALI into wireless and IP-based domains, without sacrificing interoperability or compliance with global standards."

DALI+ builds on the trusted DALI protocol by using Thread as the wireless carrier, enabling standardized, robust, two-way control for features such as advanced dimming, diagnostics, and data exchange. DALI+ brings wireless control to the proven DALI ecosystem, and when paired with DALI-2, enables seamless hybrid systems that simplify integration in today’s smart buildings.

These dual wins position DALI+ as a transformative step forward in lighting innovation – cementing the DALI Alliance's role at the forefront of intelligent building technology.

About the DALI Alliance

The DALI Alliance (also known as the Digital Illumination Interface Alliance, or DiiA) is the global industry organization for DALI-based digital lighting control, driving market adoption and standardization of the Digital Addressable Lighting Interface (DALI®) protocol. The alliance develops technical specifications, promotes interoperability, and manages the DALI-2, DALI+ and D4i certification programs, ensuring that lighting control systems are scalable, flexible, and future-ready. The DALI Alliance works with manufacturers, system integrators, and end-users to support innovation and drive the adoption of intelligent, connected lighting solutions. Learn more at www.dali-alliance.org

Media Contact:
Jeremy Ludyjan
Global Marketing Manager, DALI Alliance
MarCom@dali-alliance.org

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/748de591-68e5-4549-9b54-5ff86ca38d45 

SOURCE: DALI Alliance