Technology
Shanghai thriving as global investment hub
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1 year agoon
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BEIJING, Nov. 7, 2024 /PRNewswire/ — A news report from chinadaily.com.cn:
The 2024 Shanghai City Investment Promotion Conference, held on Nov 6, serves as a window for global businesses to explore Shanghai’s evolving business environment and investment opportunities.
The event, part of the 2024 China International Import Expo at the National Exhibition and Convention Center (Shanghai), is attended by representatives from the Shanghai government, businesses, investment promotion agencies and academic institutions. An array of road shows, arranged by districts and business areas of Shanghai are featured for investors to learn about the latest developments and new investment trends in the city.
In 2024, amid global economic uncertainties, Shanghai continues to stand out as a favored investment hub for foreign enterprises. By the end of September, the city boasts 998 foreign-funded headquarters and 582 foreign-funded research and development centers, marking respective increases of 42 and 21.
Companies selected Shanghai as a preferred investment destination for a multitude of reasons, including its openness, innovation, inclusiveness, efficient government services, comprehensive supply chains, prime geographical positioning, well-developed infrastructure, abundant talent pool and world-class living environment.
Supporting rapid expansion
Japan-based Yusen Logistics entered the Chinese market in 2000 with its China headquarters based in Shanghai. Over the past 24 years, the company has experienced significant growth in the country, expanding to more than 20 branches and offices nationwide, employing more than 1,200 staff members.
“Our core services encompass international ocean and air freight forwarding, warehousing, distribution services and supply chain solution. Our customers span various sectors including automotive, healthcare, retail, aerospace, technology and food industries,” said Kaori Nagamizo, chairman, president and CEO of Yusen Logistics China.
Nagamizo said that Shanghai’s position to be an international economic center, an international financial center, an international trade center and an international shipping center provides a great foundation for Yusen Logistics China to take root in Shanghai and expand its business nationwide and even globally. Meanwhile, Shanghai’s excellent hardware facilities and supporting industrial resources for the logistics industry such as its deep-water port, airports, talent pool, rapid developing telecommunication industry and finance industry also strengthen Yusen Logistics’ confidence.
In 2021, Yusen Logistics inaugurated its East Asia regional headquarters in Shanghai, aiming to consolidate resources, enhance management practices and optimize its business structure within the Chinese market.
“This strategic move has not only enabled us to deliver professional, dependable and comprehensive high-quality services to our clients but has also facilitated collaborative advancement with our partners, contributing to the sustainable development of both companies and society,” said Nagamizo.
Nagamizo said Yusen Logistics will continue to expand its presence in Shanghai and China. It will further use its expertise to bolster the development of Shanghai and China.
“The modern logistics industry in Shanghai is developing rapidly, with more than 100,000 registered enterprises, indicating a vibrant logistics sector. The city is leading industry transformation in areas such as information technology, digitalization and industry integration, positioning itself at the forefront nationwide and exerting international influence on the global logistics industry,” said Nagamizo.
“Yusen Logistics will leverage our experience and advantages in the logistics sector to enhance logistics efficiency, support Shanghai enterprises in integrating into the global supply chain, promote regional economic integration, facilitate the sustainable development of the logistics industry, support the development of emerging industries and contribute to talent cultivation and standardization in the logistics sector,” he added.
Yusen Logistics will also contribute to China’s “dual carbon” goals to peak carbon dioxide emissions before 2030 and achieve carbon neutrality before 2060.
“Yusen Logistics has actively promoted green logistics in the Chinese market by introducing carbon dioxide emission calculation tools, transportation process carbon emission data management systems and tailor-made carbon emission reduction solutions. We have introduced the hydrogen fuel cell truck transportation model and the Sustainable Aviation Fuel program in China,” said Nagamizo.
Navigating opportunities and challenges
E-Land, a leading apparel manufacturer from South Korea, first established itself in the Minhang district of Shanghai in 1992. Over the past three decades, the company has continually seized new opportunities in China, propelling its growth and success.
In 2023, E-Land built the E-Innovation Valley, an industrial park situated in Minhang district with an investment exceeding 1.8 billion yuan ($253.64 million).
Today, this innovation valley houses E-Land’s China headquarters and functions as a service hub for South Korean businesses. It provides support in areas such as business registration, finance, identifying local partners and logistics services.
“There is a comprehensive fashion apparel innovation center within the valley, offering services including business operations, automated logistics, e-commerce, rapid-response production facilities and photography studios. It also serves as a launchpad for South Korean enterprises seeking access into China and Chinese companies aiming to expand globally,” said Chris Kim, general manager of E-Land Investment and Operation Company. “The innovation valley not only provides a business space but also leverages the 30 years of E-Land’s experience in China.”
So far, organizations and businesses like the Korea SMEs and Startups Agency Global Business Center (Shanghai) and Speedy Factory have established their presence in the innovation valley. Additionally, Korea Startup Accelerators and Early Stage Investors Association, an association in South Korea that specializes in offering acceleration services such as investment and international expansion support to startups, has reached an agreement to relocate to the valley.
Kim said that the company will cash in on Shanghai’s status as an international consumption hub to assist emerging fashion brands from South Korea in entering the Chinese market. Moreover, the company plans to enhance its cross-border e-commerce operations by utilizing the well-established logistics network between China and South Korea.
Kim said that despite uncertainties and challenges in recent years, E-Land maintains confidence in the long-term development of China.
“E-Land is a company that consistently views challenges as opportunities,” said Kim. “In my opinion, markets can be categorized into two types: the Chinese market and non-Chinese markets. I maintain an optimistic outlook on the long-term potential of the Chinese market.”
Bolstering long-term development
In recent years, Shanghai has been committed to building itself into an international consumption hub and has identified three pioneering future industries — biomedicine, artificial intelligence and integrated circuits — with the aim to inject vitality into the long-term development of the city.
German life science company Bayer, boasting a presence of more than 140 years in China, has significantly increased its investment in consumer health products, pharmaceuticals and agricultural solutions in Shanghai and throughout China in recent years.
Bayer opened its China Center for Innovation and Partnership at the Shanghai Frontier Industrial Innovation Center for Biomedicine on Oct 16. This move signifies Bayer’s commitment to further seizing opportunities arising from the consumption upgrade trend in China.
According to Zhou Xiaolan, global executive vice-president of Bayer’s Pharmaceuticals Division, president of the Pharmaceutical Division of China and president of Bayer Greater China Region, the new setup was established to promote innovation and collaboration in the fields of health and nutrition, accelerate innovation and partnership and help enterprises explore more self-care solutions suitable for Chinese consumers.
“With the CCIP, Bayer will integrate more deeply into China’s innovation ecosystem. CCIP will continue to implement and deepen the principles of open innovation and collaborative operations, aiming to build an integrated innovation cooperation network that combines industry, academia and research institutions and establishing close relationships with partners,” said Zhou. “CCIP will also leverage Bayer’s extensive international experience to integrate consumer needs from China, Asia-Pacific region and even globally, utilizing Bayer’s global network to accelerate the internationalization of Chinese innovations.”
In the pharmaceutical area, Bayer has invested more than 3.5 billion euros ($3.81 billion) in the past three years to establish a cell and gene therapy platform, or CGT, with seven projects of CGT currently in various stages of clinical development. In the agriculture area, Bayer is actively developing and introducing crop seeds and crop protection solutions that meet diverse needs in the Chinese market.
According to Zhou, Shanghai, home to the China headquarters of Bayer, will continue to be an ideal destination for its business environment.
“Shanghai’s business environment has clear advantages, especially in the pharmaceutical sector, where the development potential is immense. I believe that with the joint efforts of the government and enterprises, Shanghai’s business environment will continue to improve, creating more opportunities and development space for businesses,” said Zhou. “Shanghai is a long-time home base of Bayer in China; and we have no hesitation to promote Shanghai internationally.
“If I were to describe Shanghai with a few keywords, they would include ‘open and inclusive’, ‘innovation engine’, ‘business-friendly’, ‘talent hub’, ‘limitless opportunities’ and ‘pragmatic’.”
Getting involved in transformation
The US-based smart building solution provider, Johnson Controls, has been actively capitalizing on the vast opportunities emerging from China’s artificial intelligence industry and green economy in recent years. It aims to facilitate the high-quality and green transition of the advanced manufacturing sector.
Shanghai, a key economic center in China known for its robust demand for smart building solutions and energy management, as well as diverse application scenarios, plays a vital role in inspiring and providing market insights to Johnson Controls, according to Yu Ning, head of Government Affairs of Johnson Controls in China.
“The Shanghai of 2034 is poised to be the global model for a sustainable and smart city, where cutting-edge technologies such as AI are seamlessly interconnected into business and everyday life. Intelligent buildings will be at the heart of this sustainable and smart ecosystem,” said George R. Oliver, chairman and CEO of Johnson Controls at the 36th International Business Leaders’ Advisory Council for the Mayor of Shanghai held in September.
The ongoing measures implemented by the Shanghai government in areas such as innovation, talent development, regulation and financial support in recent years all serve to strengthen Johnson Controls’ confidence in Shanghai, according to Yu.
“Shanghai, in my perspective, is a city of innovation, smart, green and low-carbon, as well as open and inclusive,” said Yu. “For many years, Johnson Controls has been actively involved in the city’s development. We are very proud to be a part of Shanghai’s transformation journey.”
View original content to download multimedia:https://www.prnewswire.com/news-releases/shanghai-thriving-as-global-investment-hub-302299495.html
SOURCE chinadaily.com.cn
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Technology
Best Accounting Software for Medium-Sized Business UK (2026): QuickBooks Advanced Recognised as a Scalable Finance Platform for UK Mid-Market Businesses by Consumer365
Published
27 minutes agoon
May 9, 2026By
NEW YORK, May 9, 2026 /PRNewswire/ — As demand for scalable financial tools grows, attention is shifting towards the best accounting software for medium-sized businesses in the UK in 2026, as organisations face increasingly complex accounting requirements. Consumer365 has recognised QuickBooks as a cloud-based platform supporting more structured financial management, reflecting a wider focus on improving automation, visibility, and compliance readiness.
Best Accounting Software for Medium-Sized Business UK
QuickBooks – developed as a cloud-based accounting platform, it enables medium-sized businesses to manage financial operations, automate core accounting processes, and maintain compliance with UK regulatory requirements.
Growing Demand for Scalable Financial Systems in the UK Mid-Market
Medium-sized businesses in the UK are operating in an environment where financial management is becoming increasingly complex. Growth introduces additional reporting layers, heightened regulatory expectations, and the need for consistent financial oversight across departments.
Traditional accounting methods are often no longer sufficient under these conditions. Spreadsheet-based systems and entry-level tools can struggle to deliver accurate, timely insights. This creates visibility gaps that can impact planning and decision-making.
QuickBooks has been identified within this context as a platform designed to support more structured financial management. Its positioning reflects a broader shift towards systems that centralise financial data and reduce fragmentation across business operations.
QuickBooks Positioned as a Scalable Financial Platform
QuickBooks operates as a cloud-based accounting system developed by Intuit. It is designed to support businesses that require more than basic bookkeeping functionality, focusing on helping organisations manage financial processes in a more connected and scalable way.
A key aspect of its design is the ability to consolidate financial information within a single system. This allows businesses to manage invoicing, expenses, reporting, and cash flow tracking without relying on multiple disconnected tools.
The platform is also structured to support growth. As businesses expand, financial operations often become more distributed across teams. QuickBooks enables multiple users to work within the same system while maintaining structured access controls, helping ensure consistency and oversight as complexity increases.
Financial Visibility, Automation, and Operational Control
One of the central functions of QuickBooks is improving financial visibility across business operations. Real-time data access allows organisations to monitor cash flow, expenses, and overall financial performance without waiting for end-of-period reporting cycles.
Automation plays a significant role in reducing manual workload. Financial processes such as invoicing, transaction categorisation, and expense tracking can be streamlined, reducing reliance on repetitive manual input and supporting more consistent financial records.
Operational control is reinforced through structured user permissions. Businesses can assign access levels based on roles, ensuring financial data is managed securely while still enabling collaboration across departments. This structure is particularly relevant for medium-sized organisations where multiple teams interact with financial systems.
Integration, Compliance, and System Connectivity
QuickBooks is designed to integrate with a range of business tools commonly used by UK organisations. These include payroll systems, customer relationship management platforms, and other operational software. This level of connectivity helps ensure that financial data remains consistent across systems.
Compliance is also a core part of the platform’s structure. UK businesses must meet specific regulatory requirements, including VAT reporting and Making Tax Digital standards. QuickBooks includes features that support these obligations within the system, reducing the need for manual compliance processes.
By aligning financial reporting with regulatory standards, the platform helps organisations maintain accurate records while reducing the administrative burden associated with tax and compliance requirements.
Operational Impact and Long-Term Financial Structure
As businesses grow, financial systems often become central to overall operational structure. Decisions related to hiring, investment, and expansion rely on access to accurate and timely financial data. Systems that lack integration or real-time visibility can slow decision-making and introduce inefficiencies.
QuickBooks supports a more structured approach by centralising financial information. This reduces fragmentation and helps ensure consistency across the organisation. It also supports continuity, minimising the need for frequent system changes as businesses scale.
The platform is designed to adapt to increasing complexity over time. As transaction volumes grow and reporting requirements expand, it remains stable while accommodating additional users and workflows.
This approach aligns with the needs of medium-sized businesses transitioning from smaller-scale operations to more advanced financial environments.
Market Context and Financial Management Trends
The recognition of QuickBooks reflects broader developments in financial technology adoption among UK medium-sized businesses. Organisations are increasingly prioritising systems that improve efficiency while reducing operational complexity.
Financial management is no longer limited to recordkeeping. It has become a core business function that influences strategic planning and overall performance. As a result, platforms that provide integrated financial oversight are becoming more relevant across a wide range of industries.
QuickBooks fits within this shift by offering a system that combines core accounting functionality with workflow automation and reporting capabilities. This supports businesses that require both day-to-day financial management and longer-term planning tools.
The emphasis on scalability also reflects changing expectations in the mid-market sector. Businesses are seeking platforms that can grow with them, rather than systems that need to be replaced as operational requirements evolve.
Conclusion
Consumer365 has recognised QuickBooks as a relevant financial platform for medium-sized businesses operating in the UK in 2026. The recognition highlights its focus on scalability, financial visibility, and structured operational control.
The platform is positioned to support organisations as they move beyond basic accounting systems and adopt more integrated financial management structures. Its emphasis on automation, compliance support, and system connectivity aligns with the operational needs of growing businesses.
As financial complexity continues to increase across the mid-market sector, tools that centralise financial data and support real-time decision-making are becoming more widely adopted. QuickBooks represents one of the platforms contributing to this shift towards more structured financial management approaches.
To read the full review, please visit the Consumer365 website.
About Intuit
Intuit is the global financial technology platform that powers prosperity for the people and communities we serve. With approximately 100 million customers worldwide using products such as TurboTax, Credit Karma, QuickBooks and Mailchimp, we believe that everyone should have the opportunity to prosper. We never stop working to find new, innovative ways to make that possible. Please visit us at Intuit.com and find us on social for the latest information about Intuit and our products and services.
About Consumer365.org: Consumer365 provides consumer news and industry insights. As an affiliate, Consumer365 may earn commissions from sales generated using links provided.
Disclaimer
Where AI content is used: This information is intended to outline our general product direction, but represents no obligation and should not be relied on in making a purchasing decision. Additional terms, conditions and fees may apply with certain features and functionality. Eligibility criteria may apply. Product offers, features, functionality are subject to change without notice.
General content disclaimer: This information is provided free of charge and is intended to be helpful to a wide range of businesses. Because of its general nature the information cannot be taken as comprehensive and they do not constitute and should never be used as a substitute for legal, accounting, tax or professional advice. Intuit cannot guarantee that the information applies to the individual circumstances of your business. Despite our best efforts it is possible that some information may be out of date.
Any reliance you place on information found on this site or linked to on other websites will be at your own risk. You should consider seeking the advice of independent advisers and should always check your decisions against your normal business methods and best practice in your field of business.
SOURCE Consumer365.org
Technology
BOE continues to launch new products and solutions in the field of high-end displays
Published
1 hour agoon
May 9, 2026By
LOS ANGELES, May 9, 2026 /PRNewswire/ —
1、Redefine Visual Experience with Scientific Standards! BOE Releases Core Research Findings on OLED Display Clarity-Legibility Index, Paving the Way for the Industry’s First Transparent Pro Standard to Deliver Supreme Visual Experience
With the rapid popularization of OLED display technology, basic screen indicators including resolution, color gamut and brightness keep improving. Meanwhile, display transparency — a core experience metric that determines visual comfort , image authenticity and premium visual quality — has drawn growing attention across the industry.
Recently, BOE has empowered the launch of the industry’s first flagship high-transparency OLED display panel, setting an industry-leading benchmark in four key dimensions: color, depth , clarity and dynamic range. It ushers high-end display into a new era, shifting from purely numerical technical specifications to ultimate user-centric visual experience.
In addition, BOE officially unveiled its in-depth research achievements on OLED display transparency. It has identified the core underlying factors affecting visual transparency through scientific research, pioneered the industry’s first display transparency index formula, and facilitated the release of the first authoritative evaluation standard for OLED display transparency. This marks an industry’s transformation from specs-oriented to experience-driven development. This marks a full-process breakthrough covering underlying technical analysis, scientifically guided image quality development and mass production application.
At present, the group standard 《Standard of Associations Organic light emitting diode display —Evaluation method for display clarity》, led and formulated by BOE based on relevant research outcomes, has been officially issued. As the world’s first dedicated evaluation standard focusing on OLED display transparency, it fills the long-standing industry gap in correlating subjective visual perception with objective image quality parameters.
Leveraging this standard and transparency research results, BOE has assisted partners in developing the industry’s first flagship high-transparency OLED screen. The company has built a comprehensive technical system for OLED visual transparency. Supported by cutting-edge technologies such as tandem, LTPO and high-precision Demura crosstalk optimization algorithms, BOE and its partners have carried out full-link optimization from display panels to end devices.
Going forward, BOE will continue to deepen research on display human factors engineering and visual experience. Through technological innovation and standard leadership, it will bring more ultimate, high-transparency premium display experiences to users worldwide.
2、BOE Beneficial “Natural” Light Technology (BNL): Solving Visual Health Pain Points and Leading the Display Industry Trend
In an era of ubiquitous displays, users are spending increasingly longer hours on screens. Nevertheless, the luminous properties of conventional displays poorly align with the human visual system, sparking widespread consumer concerns over visual health. To address such challenges, BOE draws inspiration from natural light. By deeply analyzing natural light and extracting beneficial features highly consistent with health and comfort, BOE established the Beneficial “Natural” Light Technology (BNL) architecture. Evolving from single technical upgrades to a systematic solution, BNL replicates the merits of natural light across four core dimensions: Depolarization Adjustment, Spectrum Optimization, Light Profile Optimization and Time-varying Adaptation, advancing display technology toward healthy viewing.
BNL & Visual Health
Depolarization Adjustment: The linearly polarized light of traditional displays causes targeted stimulation to retinal lutein, resulting in dry eyes, eyelid redness and other discomforts. Based on the mainstream Circular Polarization (QWP) solution, BOE BNL has developed a series of technologies like BSF/RDF Random Depolarization technology and un-Polarization,which convert linearly polarized light into randomly polarized light, enabling balanced lutein utilization across the entire visual field, and deliver natural-light-level eye protection.
Spectrum Optimization: Conventional narrow-band RGB spectra feature poor continuity and imbalanced energy distribution, with excessive high-energy blue light that induces eye strain and increases risks of macular damage. Beyond Low Blue Light solutions, BOE BNL has developed Natural-like Spectrum, Beneficial Red Light, Infrared Light and Circadian Rhythm technologies. Multiple clinical studies have verified that Beneficial Red Light and Infrared Light can effectively inhibit axial elongation and accelerate eye microcirculation. BOE takes the lead in integrating such optics into displays,achieving a spectral distribution matching degree of over 60%, an energy ratio of Beneficial Red Light (650–670 nm) exceeding 50%, and independent on/off switching and energy adjustment of Infrared Light. Meanwhile, Circadian Rhythm technology regulates melatonin secretion to safeguard sleep quality. Shifting from passive harm reduction to active eye benefits, BOE BNL delivers all-round visual health protection.
Light Profile Optimization: Conventional screens are prone to surface reflection and glare, which interfere with visual recognition and cause cumulative eye fatigue. Powered by industry-leading Anti-Glare, Low Reflection and Wide Viewing Angle technologies, BOE BNL accurately simulates the diffuse reflection of natural light to deliver consistent visual comfort across diverse viewing angles. For instance, BOE UB Cell technology achieves a DGR value below 5 with negligible glare and reflection, ensuring sustained visual comfort.
Time-varying Adaptation: Conventional displays tend to produce low-frequency flicker and fixed brightness and color temperature that fail to adapt to ambient changes, forcing frequent eye muscle adjustments and leading to discomfort. By adopting Flicker Free and Light Self-adaptive technologies, BOE BNL delivers stable, ultra-smooth visuals that replicate the comfort of natural light.
SID 2026: BOE Launches New BNL Display Products
At SID Display Week 2026, BOE launched new BNL health display products. The highlight product is the industry’s first 13.8-inch BNL health display tablet. It integrates all four core dimensions,supported by 7 core BNL technologies, to deliver a healthy and comfortable visual experience.
As a global leader in the display industry, BOE has led the development and officially issued the world’s first “Natural Light” display standard via the Zhongguancun Standardization Association,and has jointly issued the White Paper on Natural Light Display Technologies (Engineering Considerations, Application Value and Challenges) with TÜV Rheinland to drive standardized and high-quality industrial development. In the future, BOE will continue to iterate on technologies, diversify product forms and application scenarios, advance the grading standards for Beneficial “Natural” Light displays, and protect users’ visual health.
View original content to download multimedia:https://www.prnewswire.com/news-releases/boe-continues-to-launch-new-products-and-solutions-in-the-field-of-high-end-displays-302767491.html
SOURCE BOE Technology Group Co., Ltd.
Technology
BitradeX BXC First Two Subscription Rounds Sell Out, Total Subscriptions Exceed 14M USDT
Published
4 hours agoon
May 9, 2026By
LONDON, May 9, 2026 /PRNewswire/ — BitradeX Capital’s ecosystem equity token, BXC, has completed its first and second subscription rounds, selling a total of 50 million BXC with subscriptions exceeding 14 million USDT. The first round sold out in 90 seconds, while the second closed within 48 hours.
While the fundraising size is not unusually large by crypto standards, the structure of the sale has attracted market attention. The first two rounds were not open to the public, but limited to high-tier BitradeX users. The first round was available only to V5 users and above, while the second round expanded access to V3 users and above.
According to BitradeX’s tier system, V3+ users typically have higher recurring investment activity through AiBot, longer platform usage history, and stronger ecosystem participation. This means the early BXC allocation was absorbed mainly by the platform’s internal high-value user base, rather than short-term speculative participants.
This approach differs from many token fundraising campaigns that prioritize broad public participation and market hype. BitradeX instead adopted a more selective, staged model, gradually lowering the participation threshold while keeping the sale within its active ecosystem community.
BXC is positioned as more than a standard platform token. Its value framework is linked to BitradeX Capital’s broader ecosystem, including its exchange business, AiBot quantitative strategies, BTX Card payments, and Labs incubation platform. Public information indicates that BXC holders may receive staking rewards, benefit from ecosystem buybacks and burns, and gain priority access to Launchpad projects and governance participation.
The third subscription round is launched on April 30 at $0.35 USDT per BXC, with a total supply of 100 million BXC. It is now open to users participating in AiBot recurring investment. The fourth round price is expected to rise to $0.45 USDT.
The long-term value of BXC will ultimately depend on the growth of BitradeX’s underlying businesses, including exchange profitability, AiBot user expansion, and BTX Card adoption. However, the rapid sellout of the first two rounds suggests that BitradeX’s core user base has already shown strong confidence in the ecosystem’s future.
View original content:https://www.prnewswire.com/news-releases/bitradex-bxc-first-two-subscription-rounds-sell-out-total-subscriptions-exceed-14m-usdt-302767467.html
SOURCE BitradeX Capital
Best Accounting Software for Medium-Sized Business UK (2026): QuickBooks Advanced Recognised as a Scalable Finance Platform for UK Mid-Market Businesses by Consumer365
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