Connect with us

Technology

Bitget’s Protection Fund Report in Feb 2024

Published

on

VICTORIA, Seychelles, March 5, 2024 /CNW/ — Bitget, the world’s leading cryptocurrency exchange and Web3 company, unveiled its February 2024 Protection Fund Valuation Report. According to the report, the fund recorded its highest average monthly valuation, surpassing 461 million, and peaked at an unprecedented 543 million on February 28th. This highlights Bitget’s dedication to safeguarding its users.

Within the cryptocurrency realm, Bitget’s Protection Fund is recognized for its substantial commitment to safeguarding users. It stands as one of the industry’s most significant self-insured reserves, enhancing user trust by providing an extra security layer. This fund is designed to protect digital assets against various risks, including cyber attacks, fraudulent activities, and significant market fluctuations.

Operating on a self-sustaining model, Bitget’s Protection Fund offers flexible and swift protective measures unrestricted from external influences. Its autonomy allows for the immediate allocation of resources to secure user assets during security breaches, market unrest, or other pertinent incidents. This self-reliant strategy affords Bitget’s clientele robust protection, unfettered by the potential hindrances of external rules, policies, or permissions that might slow response times in urgent scenarios. The fund’s self-sufficient framework is a key asset, providing a notable safety and security benefit to the Bitget user base.

To bolster its resilience and liquidity in the face of external market pressures, the fund includes a varied collection of highly liquid digital currencies, such as BTC, USDT, and USDC. In February, buoyed by market trends and a rise in BTC’s value, Bitget’s Protection Fund experienced consistent growth, culminating in a record-breaking valuation exceeding $543 million on February 28th.

Bitget Protection Fund Valuation Status in February 2024: 

Highest value: $543 million (Feb 28)

Lowest value: $413 million (Feb 4)

Average value: $461 million

Bitget’s commitment to transparency goes beyond the Protection Fund Valuation report. The exchange has consistently offered verifiable Proof of Reserves data, providing users with additional confidence in the security of their assets. Bitget continues to grant users unrestricted access to comprehensive fund information, including publicly available wallet addresses.

For more detailed information, please visit here.

About Bitget

Established in 2018, Bitget is the world’s leading cryptocurrency exchange and Web3 company. Serving over 20 million users in 100+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, swap, NFT Marketplace, DApp browser, and more. Bitget inspires individuals to embrace crypto through collaborations with credible partners, including legendary Argentinian footballer Lionel Messi and official eSports events organizer PGL. 

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

 

View original content:https://www.prnewswire.com/news-releases/bitgets-protection-fund-report-in-feb-2024-302079631.html

SOURCE Bitget

Continue Reading

Technology

Ruijie Cybrey Brings “Professional but Easy” SME Networking Solutions to Seven Asia-Pacific Markets

Published

on

By

BEIJING, Oct. 19, 2026 /PRNewswire/ — Ruijie Networks today announced the Asia-Pacific (APAC) solution launch tour for Ruijie Cybrey, its AI-oriented sub-brand dedicated to small and medium-sized enterprises (SMEs) and project-based networks. Following its debut earlier this year, this seven-market rollout brings purpose-built networking solutions directly to regional business partners.

Running from 9 to 16 October 2026 under the theme “Professional but Easy,” the launch events are co-hosted with local channel partners across Indonesia, Malaysia, the Philippines, Singapore, Thailand, Vietnam, and Hong Kong SAR, China.

Designed for system integrators and managed service providers (MSPs), Ruijie Cybrey tackles the operational realities of the SME segment through three core pillars:

Enterprise-Grade Standards: Delivering high-bandwidth, wide-coverage connectivity that provides a secure, scalable foundation for SME growth.AI-Powered Cloud Management: Integrated AI unifies configuration and maintenance, drastically reducing management complexity.Professionally Built, Affordable: Eliminating over-engineering to deliver easy-to-use solutions with sustainable long-term TCO control.

The APAC launch showcases tailored solutions for hospitality, healthcare, enterprise offices, warehousing, and K-12 education. The robust hardware line-up features Wi-Fi 7 access points, core switches, and next-generation firewalls. Cybrey’s value is already proven through successful regional deployments, including Vietnam’s 19-floor Emoi Hotel, Malaysian mission-critical warehouse operations, and Thai high-density K-12 campus networks.

Stay Connected with Ruijie Cybrey

LinkedIn: linkedin.com/company/ruijiecybreyFacebook: https://www.facebook.com/RuijieCybrey Instagram: https://www.instagram.com/ruijiecybreyYouTube: https://www.youtube.com/@Ruijie-Cybrey

About Ruijie Networks

Since 2003, Ruijie Networks has been a global leader in enterprise networking, providing infrastructure and solutions under the philosophy “Three brands. One technology. Every network is protected.” Its portfolios cover every project size: Ruijie for large enterprises and governments; Ruijie Cybrey for SMEs and project-based networks; and Ruijie Reyee for SMB everyday projects. With 3,778 patented technology applications and over 7,200 employees—more than 50% across 8 global R&D centers—Ruijie posted revenue of US$2.1 billion in 2025, up 22.4% year over year. Learn more at www.ruijie.com.

About Ruijie Cybrey

Ruijie Cybrey is Ruijie Networks’ sub-brand built for the global SME market. SMEs make up ~90% of businesses and ~50% of global GDP, yet most networking solutions are either overengineered or unreliable. Cybrey fills this gap with simple, smart, reliable enterprise-grade solutions.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/ruijie-cybrey-brings-professional-but-easy-sme-networking-solutions-to-seven-asia-pacific-markets-302911927.html

SOURCE Ruijie Networks

Continue Reading

Technology

Ruijie Cybrey Brings “Professional but Easy” SME Networking Solutions to Seven Asia-Pacific Markets

Published

on

By

BEIJING, Oct. 19, 2026 /PRNewswire/ — Ruijie Networks today announced the Asia-Pacific (APAC) solution launch tour for Ruijie Cybrey, its AI-oriented sub-brand dedicated to small and medium-sized enterprises (SMEs) and project-based networks. Following its debut earlier this year, this seven-market rollout brings purpose-built networking solutions directly to regional business partners.

Running from 9 to 16 October 2026 under the theme “Professional but Easy,” the launch events are co-hosted with local channel partners across Indonesia, Malaysia, the Philippines, Singapore, Thailand, Vietnam, and Hong Kong SAR, China.

Designed for system integrators and managed service providers (MSPs), Ruijie Cybrey tackles the operational realities of the SME segment through three core pillars:

Enterprise-Grade Standards: Delivering high-bandwidth, wide-coverage connectivity that provides a secure, scalable foundation for SME growth.AI-Powered Cloud Management: Integrated AI unifies configuration and maintenance, drastically reducing management complexity.Professionally Built, Affordable: Eliminating over-engineering to deliver easy-to-use solutions with sustainable long-term TCO control.

The APAC launch showcases tailored solutions for hospitality, healthcare, enterprise offices, warehousing, and K-12 education. The robust hardware line-up features Wi-Fi 7 access points, core switches, and next-generation firewalls. Cybrey’s value is already proven through successful regional deployments, including Vietnam’s 19-floor Emoi Hotel, Malaysian mission-critical warehouse operations, and Thai high-density K-12 campus networks.

Stay Connected with Ruijie Cybrey

LinkedIn: linkedin.com/company/ruijiecybreyFacebook: https://www.facebook.com/RuijieCybrey Instagram: https://www.instagram.com/ruijiecybreyYouTube: https://www.youtube.com/@Ruijie-Cybrey

About Ruijie Networks

Since 2003, Ruijie Networks has been a global leader in enterprise networking, providing infrastructure and solutions under the philosophy “Three brands. One technology. Every network is protected.” Its portfolios cover every project size: Ruijie for large enterprises and governments; Ruijie Cybrey for SMEs and project-based networks; and Ruijie Reyee for SMB everyday projects. With 3,778 patented technology applications and over 7,200 employees—more than 50% across 8 global R&D centers—Ruijie posted revenue of US$2.1 billion in 2025, up 22.4% year over year. Learn more at www.ruijie.com.

About Ruijie Cybrey

Ruijie Cybrey is Ruijie Networks’ sub-brand built for the global SME market. SMEs make up ~90% of businesses and ~50% of global GDP, yet most networking solutions are either overengineered or unreliable. Cybrey fills this gap with simple, smart, reliable enterprise-grade solutions.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/ruijie-cybrey-brings-professional-but-easy-sme-networking-solutions-to-seven-asia-pacific-markets-302911927.html

SOURCE Ruijie Networks

Continue Reading

Technology

Government of Ras Al Khaimah and UBTECH Robotics Sign Strategic MoU to Advance Humanoid Robotics Research and Climate Testing

Published

on

By

Strategic agreement establishes a comprehensive framework to test, demonstrate, and practically deploy humanoid robotic systems across industrial, commercial service, elderly care, and cultural tourism scenarios in Ras Al Khaimah.  Partnership explores the launch of a dedicated Humanoid Robotics Climate Research Initiative, leveraging Ras Al Khaimah as a platform to develop high-end technologies for the broader Gulf region. Collaboration reinforces the Emirate’s position as an agile, real-world sandbox for high technology and gateway for Chinese technology pioneers scaling globally.

SHENZHEN, China, Oct. 19, 2026 /PRNewswire/ — His Highness Sheikh Saud bin Saqr Al Qasimi, UAE Supreme Council Member and Ruler of Ras Al Khaimah, witnessed the signing of a strategic Memorandum of Understanding (MoU) between the International Relations Office of the Government of Ras Al Khaimah and UBTECH Robotics Limited. The agreement was officially signed by Ms. Alma Au Yeung, Greater China Affairs Advisor at the Office of the Ruler of Ras Al Khaimah, and Ms. Claudia Chen, Overseas Sales Director of UBTECH Robotics, and marked the start of a week-long official visit across South China aimed at strengthening bilateral ties in technology, investment, innovation, and trade.

Established in Shenzhen in 2012 and listed on the Hong Kong Stock Exchange, UBTECH Robotics is a pioneering global leader in humanoid artificial intelligence and robotics. The agreement establishes a framework for collaborative advanced research, live field testing, and operational deployment of humanoid robotic systems in the Emirate. Under the MoU, the parties will explore the feasibility of establishing the Ras Al Khaimah Humanoid Robotics Climate Research Initiative, leveraging the Emirate’s distinct environmental and operating conditions to validate robotic performance for the UAE and the wider Gulf region.

Under the partnership, UBTECH Robotics will deploy its humanoid robots and specialized engineering teams directly into Ras Al Khaimah to launch live demonstration projects. By testing intelligent automation in day-to-day operations and demanding environments, the initiative will generate vital performance data, further advancing high-tech R&D in the Emirate and expanding the UAE’s robotics ecosystem.

Initial applications will test humanoid systems in complex operational environments, spanning automated industrial assembly, intelligent public-facing services, AI-assisted elder care, and cultural spaces. To support these trials, Ras Al Khaimah will provide a live testing sandbox and progressive regulatory frameworks connecting research institutions with industry, complemented by UBTECH’s robotic platforms, technical infrastructure, and advanced research capabilities.

Ms. Alma Au Yeung, Greater China Affairs Advisor at the Office of the Ruler of Ras Al Khaimah, said of the signing: “It is a great honor to have His Highness Sheikh Saud bin Saqr Al Qasimi, UAE Supreme Council Member and Ruler of Ras Al Khaimah, witness the signing of this strategic agreement during our visit to UBTECH Robotics. This collaboration represents a meaningful step forward in Ras Al Khaimah’s journey toward a knowledge-based economy. By bridging world-class technology with local application, we are co-creating solutions that deliver lasting value for our community, our commercial sectors, and the wider UAE.”

Ms. Claudia Chen, Overseas Sales Director of UBTECH Robotics, stated: “It is a privilege to formalize our partnership with the Emirate of Ras Al Khaimah. By combining cutting-edge humanoid robotics research and development with dedicated industry talent development, UBTECH aims to accelerate the region’s industrial modernization. Together, we look forward to playing an active role in Ras Al Khaimah’s economic transition and supporting long-term technological progress across the UAE.”

The initiative further reinforces Ras Al Khaimah’s commitment to sustainable technological adoption and economic diversification, positioning the Emirate as an agile living laboratory for pioneering global enterprises.

*ENDS*

About His Highness Sheikh Saud

His Highness Sheikh Saud bin Saqr Al Qasimi is a UAE Supreme Council Member and Ruler of Ras Al Khaimah (RAK). Born in Dubai in 1956, he was educated in Ras Al Khaimah before attending the American University of Beirut. He later moved to the University of Michigan, graduating with an Economics Degree.

He returned home in 1978 and was appointed Chief of the Ruler’s Court before becoming Chairman of Ras Al Khaimah Municipal Council in 1986. In this period, HH Sheikh Saud founded RAK Ceramics and restructured Julphar Pharmaceuticals and Stevin Rock to ensure both became the industry leaders they are today. 

HH Sheikh Saud was named Crown Prince of Ras Al Khaimah on 14 June 2003. In this role he oversaw the introduction of free zones, efficient business licensing procedures and offshore corporate registration.

On 27 October 2010, after the passing of his father H.H. Sheikh Saqr (May he rest in Peace), HH Sheikh Saud became the Ruler of Ras Al Khaimah. As Ruler, he has continued to expand and diversify Ras Al Khaimah’s economic base and improve the quality of its social services, while working hard to make high-quality education and healthcare services available to all the Emirate’s population.

HH Sheikh Saud received an Honorary Doctorate from the University of Bolton, UK, in 2010; an Honorary Fellowship of the Jawaharlal Nehru Centre for Advanced Scientific Research in India, in 2013; and an Honorary Doctorate Degree in Economics from Incheon National University, South Korea, in 2018, a year in which he was also named Visionary Leader of the Year by Arabian Business.

About Ras Al Khaimah

Ras Al Khaimah (RAK), the fourth largest Emirate in the UAE, is known for its nature, rich history and progressive vision under HH Sheikh Saud bin Saqr Al Qasimi. Committed to sustainable development, economic prosperity, social development and innovation, RAK is an ideal place to live, work and invest. 

Strategically located – with one third of the world’s population within a four-hour flight – RAK is a gateway to the Middle East and beyond. Its economy is diverse, with no sector accounting for more than 27% of GDP. The Emirate offers a business-friendly environment with competitive operating costs, 100% foreign ownership, zero income tax and low corporate tax. It is home to over 73,000 companies, with RAKEZ and Innovation City supporting growth across industrial, manufacturing and digital sectors, backed by a future-focused economy validated by ‘A’ range credit ratings since 2008.

Its 0.4 million population comprises 150+ nationalities, each appreciating RAK’s high quality of life and accessible luxury living. Its bold hospitality projects involve luxury global brands, such as Wynn, Four Seasons, Nobu, Waldorf Astoria and Ritz-Carlton. RAK Central will redefine the commercial and residential landscape, while RAK’s the Emirate’s natural beauty (UAE’s highest mountain, beaches and deserts) and rich heritage further enhance its appeal.

With year-round sunshine, simple business set-up, a competitive cost of living and great lifestyle, Ras Al Khaimah offers limitless opportunities.    

www.rakmediaoffice.ae | Facebook | X | Instagram | LinkedIn | YouTube

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/government-of-ras-al-khaimah-and-ubtech-robotics-sign-strategic-mou-to-advance-humanoid-robotics-research-and-climate-testing-302912145.html

SOURCE Government of Ras Al Khaimah

Continue Reading

Trending