Technology
2026 HKGFA I GBA-GFA Annual Forum – Bridging Divides: Asia’s Leadership in Transition and Resilience
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HONG KONG, Sept. 7, 2026 /PRNewswire/ — Hong Kong Green Finance Association (“HKGFA”), together with the Greater Bay Area Green Finance Alliance (“GBA-GFA”), held the ninth HKGFA Annual Forum and the sixth GBA-GFA Annual Meeting in Hong Kong, themed “Bridging Divides: Asia’s Leadership in Transition and Resilience”, launching the third edition of Hong Kong Green Week to advance dialogue and collaboration on the pivotal issues for Asia’s sustainable growth.
The Forum gathered senior representatives from governments, regulators, financial institutions, enterprises, innovators and ecosystem partners from twenty jurisdictions to discuss how to deepen collaboration and innovation in green tech and finance, as geopolitics reshape trade and financial flows across the climate and nature agenda. Over 1,800 attended the hybrid event.
As part of the GBA-GFA Annual Meeting, GBA officials presided over the handover ceremony of the Presidency from Shenzhen to Hong Kong and discussed the achievements and market updates in Guangzhou, Shenzhen, Hong Kong, and Macao. With GBA integration accelerating, the alliance members continue to bridge innovation and growing climate capital to compound the GBA’s decarbonisation efforts.
The Forum featured the official launch of the Green Accelerator, a new Hong Kong–based platform designed to prepare bankable green projects, primarily for emerging market and developing economies, that meet the investment criteria of multilateral development banks, sovereign wealth funds, and commercial financial institutions. It also showcased green and transition-enabling technologies, with a strong emphasis on collaboration and ecosystem-building across the public-private sectors and the civil society.
In addition to macroeconomic views, policy development and thought leadership perspectives shared by government, public and private sector, the Forum highlighted Hong Kong’s strategic position enabling green capital, policy initiatives and real economy transition needs in the GBA, ASEAN, and the Global South. Participants discussed the need for interoperability of standards and frameworks to mobilise more public and private capital for climate mitigation, adaptation and nature-positive investments.
The Forum was officiated by senior government officials from Hong Kong and Chinese Mainland, including Mr. Christopher Hui, Secretary for Financial Services and the Treasury, The Government of the Hong Kong Special Administrative Region (HKSAR); Mr. Cheng Wen, Deputy Director General of Guangdong’s Local Financial Regulatory Bureau; Ms. Henrietta Lau, Executive Director, Monetary Authority of Macao; Ms. Yu Jin, Director of Division, Department of Economic and Financial Affairs I, Liaison Office of the Central People’s Government in the Hong Kong Special Administrative Region; and Mr. Arthur Yuen, Acting Chief Executive of the Hong Kong Monetary Authority (HKMA).
Mr. Christopher Hui, The Secretary for Financial Services and the Treasury, said, “As a global financial hub, Hong Kong has been at the forefront of facilitating green investment and sustainable infrastructure development across participating economies, leveraging our deep capital markets and professional expertise to structure bankable projects and de-risk investments. The Green Accelerator launched today represents the next phase of this bridging function. Endorsed in this year’s Budget and developed with Mainland and international multilateral financial institutions, this initiative is designed to transform green technologies into investable, scalable projects in emerging markets and developing economies. By providing systematic pre-finance support and project structuring, it addresses a critical bottleneck: the shortage of investment-ready green projects. This initiative will channel private capital towards climate solutions where it is most needed, while creating new opportunities for Hong Kong’s professional services.”
Dr. Ma Jun, Chairman and President, HKGFA, said, “2026 will be a decisive year for Asia’s sustainable finance market. As climate risks intensify, there is an urgent need to move from pilot projects to scaled deployment of green and transition capital. Hong Kong, as an international financial centre and a core GBA city, is uniquely positioned as a “super connector” and “super value-adder”, linking global standards with local implementation, and channelling capital from developed markets to emerging economies, particularly in ASEAN and the Global South. Through platforms such as the GBA-GFA, Capacity-building Alliance of Sustainable Investment (CASI), and the Green Accelerator, we aim to foster innovation, strengthen regional connectivity, and support a just and orderly transition for the real economy.”
Mr. Arthur Yuen, Acting Chief Executive of the HKMA, said, “The ambition to drive climate transition and build climate resilience is strong across Asia. As the region’s premium sustainable finance hub, Hong Kong strives to give global capital the certainty it needs to move beyond vision to action. The publication of Phase 2B Taxonomy prototype today is another key step towards this direction. We encourage all stakeholders to actively participate in the public consultation and put the taxonomy to good use.”
Highlights of the 2026 HKGFA Forum | GBA-GFA Annual Meeting
The morning fireside chat, moderated by Dr. Ma Jun, featured C-suite leaders, who examined how financing for transition; nature and biodiversity; and climate adaptation and resilience continues to be embedded into business operations. Despite sustained geopolitical uncertainties, banks remain committed to channelling capital towards sustainability solutions, including green technology, new energy, and AI infrastructure, to strengthen the sustainable finance market. This was followed by a review of GBA-GFA’s 2025-26 achievements in fostering innovation and advancing climate finance through taxonomy development, which will be continued under HKGFA’s stewardship during the 2026-27 term.
Summary of the Panel Discussions
Capital Catalysts for Real Economy Transition
Innovative products are key to unlocking capital for system-wide infrastructure transformation across Asian markets, such as the use of transition credits to incentivise the phaseout of hard-to-abate sectors. To inspire investor confidence and build trust at scale, funding mechanisms and harmonised frameworks, such as blended finance and credible transition pathways with KPIs, must be deployed as safeguards.De-risking Green and Transition Investments: Steering Investment Portfolios, Risk and Opportunity in Evolving Markets
The growing suite of sustainable finance regulations, indicators, and market products enables decision-useful information infrastructure for investors but also poses fragmentation risks deterring capital mobilisation. Asia is presented with opportunities to strike a balance and chart a more pragmatic course on the transition journey.Bridging the Finance Gap for Climate Adaptation and Resilience
Physical risks are rapidly materialising as the climate financing gap widens. As a countermeasure, the market has pioneered creative solutions, such as catastrophe bonds and resilient credits. Over the next decade, de-risking portfolios through product innovation, especially across climate-vulnerable regions, will be key to developing a prudential risk management strategy to ensure the credibility and success of adaptation solutions.Financing Nature’s Infrastructure Paradigm
Nature and biodiversity elements are increasingly reflected in investment strategies, thereby inspiring nature-resilient solutions, including blue bonds, nature-labelled debts, and debt-for-nature swaps. New infrastructure projects, namely the Northern Metropolis, will be a critical testing ground for disciplined nature financing, along with stewardship and project aggregation, to drive systemic change in the real economy.
HKGFA is committed to strategic ecosystem-building through deepening collaborations among regulators, financial institutions, corporates, technology providers, and the civil society. HKGFA, in collaboration with ADM Capital Foundation, Blue Bond Accelerator, and The Nature Conservancy released the white paper, “Developing Hong Kong as a Nature Financing Hub: A case for advancing nature and blue bonds“, in addition to the white paper, “Financing resilience at scale: Water conservancy REITs & water asset/ revenue backed securities“, in collaboration with CWR and HSBC. The newly elected HKGFA working group chairs and planned initiatives for 2026-28 aim to further empower high-integrity sustainable finance market infrastructures and enhance talent development to unlock capital for Asia’s transition while reinforcing climate resilience in the region.
The 2026 HKGFA | GBA-GFA Annual Forum was sponsored by Bank of China (Hong Kong) Limited; DBS; Standard Chartered; The Hongkong and Shanghai Banking Corporation Limited; J.P. Morgan Asset Management; Moody’s; Natixis Corporate & Investment Banking; OCBC; Societe Generale; Sustainable Fitch; LSEG; and Amundi.
About Hong Kong Green Finance Association
Founded in September 2018, Hong Kong Green Finance Association (HKGFA) provides a unique platform that supports the development of green finance and sustainable investments in Hong Kong and beyond. It aims to mobilise both public and private sector resources and talents in developing green finance policies, to promote green finance business and product innovation within financial institutions. HKGFA’s main goal is to position Hong Kong as a leading international green tech and green finance hub by providing greater access and opportunities for Hong Kong’s financial institutions and corporates to participate in green financing transactions locally, in Chinese Mainland, and in markets along the Belt & Road. This is in line with the global path to implementing the UN Sustainable Development Goals and the Paris Agreement.
Please visit https://www.hkgreenfinance.org/ for more information.
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SOURCE Hong Kong Green Finance Association
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Technology
Massachusetts Technology Executive Named Toastmasters International President
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54 minutes agoon
September 8, 2026By
Stefano S. McGhee becomes leader of global educational organization
ENGLEWOOD, Colo., Sept. 8, 2026 /PRNewswire/ — Stefano S. McGhee, DTM, of Weymouth, Massachusetts, has been elected to the Board of Directors of Toastmasters International, the world’s leading organization devoted to communication and leadership skills development. McGhee assumed the one-year term at the organization’s 2026 International Convention, held in Vancouver, Canada, Aug. 19-22.
McGhee, most recently worked as the Senior Director of Technology Operations for Harvard Business Publishing. He led a team of cloud engineers, architects, integration engineers, and help desk technicians in ensuring the availability and stability of the organization’s most critical applications, including Harvard Business Review.
McGhee earned a master’s degree in military operational arts and sciences from the United States Air Force’s higher education organization. During his time in school, McGhee earned the International Security Studies Research Award for his work that was of interest to national security. He is a member of the Aircraft Owners and Pilots Association, where he shares the wonder of flying with children and young adults. He is also a motorcycle enthusiast and leader at a local yacht club.
A Toastmaster since 2005, McGhee’s home club is Network Voice Toastmasters in Weymouth. He has held several high-profile leadership positions within Toastmasters and has attained the Distinguished Toastmaster designation—the highest level of educational achievement in the organization.
“To those willing to put the time in, Toastmasters gives the critical skills to be a better version of yourself,” he says. “From there, you can confidently take on more challenges at work and life and become the sought-after leader needed in today’s world.”
As an officer of the Toastmasters International Board of Directors, McGhee is a “working ambassador” for the organization. He works with the Board to develop, support, and modify the policies and procedures that guide Toastmasters International in fulfilling its mission.
About Toastmasters International
Toastmasters International is a nonprofit educational organization that builds confidence and teaches public speaking skills through a worldwide network of clubs that meet online and in person. In a supportive community or corporate environment, members prepare and deliver speeches, respond to impromptu questions, and give and receive constructive feedback. It is through this regular practice that members are empowered to meet personal and professional communication goals. Founded in 1924, the organization is headquartered in Englewood, Colorado with over 245,000 members in more than 14,000 clubs in nearly 150 countries. For information about local Toastmasters clubs, please visit toastmasters.org.
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SOURCE Toastmasters International
Technology
EntangleX Announces Collaboration with TraderMade Systems Ltd to Test AI and Quantum-Powered Financial Prediction Models
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55 minutes agoon
September 8, 2026By
LOCUST VALLEY, N.Y., Sept. 8, 2026 /PRNewswire/ — TraderMade Systems Ltd, a leading provider of foreign exchange market data and financial technology solutions, today announced a collaboration with EntangleX, part of the QuantumX Group, to support the testing and evaluation of advanced financial market prediction models.
As part of the collaboration, EntangleX will use TraderMade’s high-quality real-time and historical foreign exchange data to test and validate predictive models developed using artificial intelligence, machine learning and emerging quantum computing techniques.
The project brings together TraderMade’s expertise in financial market data with EntangleX’s work in advanced computational modelling. The initial focus will be on foreign exchange markets, where the depth and volume of market data provide a strong environment for evaluating the performance and reliability of predictive technologies.
EntangleX is exploring how AI and quantum computing approaches can be applied to complex financial datasets to identify patterns, relationships and market behaviours that may be difficult to detect using more traditional analytical methods.
Chris Randall, CEO of TraderMade Systems Ltd, said:
“We are pleased to be working with EntangleX and the wider QuantumX Group on this project. AI and quantum computing are creating exciting new opportunities in quantitative finance, but the quality of any predictive model depends heavily on the quality of the data behind it.
TraderMade will provide the accurate and reliable FX data needed to test these technologies against real-world market behaviour. We are very interested to see how these advanced modelling techniques can be applied to financial market analysis.”
The collaboration will allow EntangleX to benchmark its models against established market data and assess performance across different market conditions.
Ujjwal Roy, spokesperson EntangleX / QuantumX said: “Access to reliable market data is essential when developing and testing advanced prediction models. TraderMade provides the depth and quality of FX data required to evaluate our technology in real-world conditions. By combining high-quality financial data with artificial intelligence and quantum computing techniques, we aim to explore new approaches to market modelling and forecasting.”
The initial programme will focus on testing, benchmarking and evaluating EntangleX models using TraderMade FX datasets, with both companies exploring further opportunities for collaboration as the project develops.
About TraderMade Systems Ltd
TraderMade Systems Ltd provides real-time and historical foreign exchange and financial market data, APIs and technology solutions to financial institutions, fintech companies, developers and quantitative research teams. Its market data is used across trading, analytics, research, financial applications and data-driven modelling.
About EntangleX
EntangleX, part of the QuantumX Group of Two Hands Corporation, develops advanced financial modelling technologies incorporating artificial intelligence, machine learning and quantum computing techniques. Its work focuses on applying next-generation computational approaches to complex financial datasets for market analysis and predictive modelling. Two Hands Corporation (OTCID: TWOH) is a publicly traded company focused on identifying and developing opportunities in quantum technology, artificial intelligence applications and related emerging technology sectors. The Company is advancing its strategic transition toward technology-focused opportunities while continuing to evaluate complementary technologies and potential commercial applications.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of applicable securities laws. Forward-looking statements include, but are not limited to, statements concerning the testing, evaluation, functionality and performance of EntangleX’s artificial intelligence, machine learning and quantum computing technologies; the ability of such technologies to identify patterns, relationships or market behaviours within financial market data; the potential applications of EntangleX’s technologies in financial modelling and forecasting; the anticipated scope and results of the collaboration with TraderMade Systems Ltd; potential future opportunities arising from the collaboration; the possible commercialization of EntangleX technologies; and the Company’s business strategy and transition toward quantum technology, artificial intelligence and related emerging technology opportunities.
Forward-looking statements are based on the Company’s current expectations, estimates, assumptions and projections and are subject to known and unknown risks and uncertainties that could cause actual results to differ materially from those expressed or implied.
These risks and uncertainties include technical feasibility and performance, the results of testing and validation, the availability and quality of third-party data, development delays, reliance on third-party software and infrastructure, access to qualified personnel and financial resources, cybersecurity and data-protection risks, intellectual-property risks, competition, market acceptance, regulatory developments, market conditions and the Company’s ability to execute its business strategy.
There can be no assurance that testing or evaluation will produce anticipated results, that the technologies discussed will achieve anticipated performance or commercial applications, that the collaboration will result in any further agreement or commercial relationship, or that any contemplated commercial objective will be achieved. Readers are cautioned not to place undue reliance on forward-looking statements. Additional information regarding risk factors is available in the Company’s filings with the U.S. Securities and Exchange Commission. The Company undertakes no obligation to update or revise any forward-looking statement except as required by applicable law.
View original content:https://www.prnewswire.com/news-releases/entanglex-announces-collaboration-with-tradermade-systems-ltd-to-test-ai-and-quantum-powered-financial-prediction-models-302872578.html
SOURCE Two Hands Corporation
Technology
AI puts $4.7 trillion of profits at stake, creating a competitive battleground across industries
Published
55 minutes agoon
September 8, 2026By
AI’s impact on corporate profit pools will more than triple the Internet’s—in half the timeProductivity gains get headlines today, but 75% of the opportunity and disruption lies beyond these, in innovation and competitive shiftsAI will structurally transform 71% of sectors, versus 41% for the Internet—reaching industries the Internet never touched, with far-reaching consequences
NEW YORK and SAN FRANCISCO, Sept. 8, 2026 /PRNewswire/ — AI puts $4.7 trillion of the profits of global business at stake between now and 2035 as its far-reaching impact drastically reshapes the global economy. In-depth Bain & Company analysis maps for the first time how AI is reorganizing whole industries and will create a wave of winners and losers across sectors as companies battle to seize the technology’s potential.
Bain’s calculation of the $4.7 trillion of profits put at stake by AI captures the scale of the business battleground confronting CEOs over the decade. It dwarfs even the $1.4 trillion of profit shifts over 20 years from the advent of the Internet, the last great technology disruption. In only half that time, AI will have more than triple the economic impact, reaching 1.7 times more widely, with 71% of sectors confronting structural transformation, versus 41% for the Internet, Bain reports.
Across 92 individual sectors, Bain’s study charts the seismic shifts already taking place in industries’ profit pools as AI use rapidly expands. It lays out the driving forces and breaks down which sectors will be most disrupted as the technology, and how CEOs respond, shapes a global business landscape of leaders, laggards, and losers.
“The $4.7 trillion profit pool shift is real, revolutionary, and already well underway. This is why, whatever sector companies are in, their CEO needs a clear prediction of where the industry is headed and a board-level commitment to act on it,” said Dunigan O’Keeffe, partner in Bain & Company’s Strategy & Transformation practice and lead author of the report. “Speed matters more than most CEOs realize. Move early and each deployment leaves you smarter than the last, with more data, workflows rewired around AI, and results that keep improving . None of that is for sale, so the company two years behind cannot buy its way back. The work is to figure out of what will matter in your industry a decade from now. Get that right and moving fast stops being a risk.”
AI transformation is reaching the parts the internet didn’t reach
Understanding the transformation underway, and who the winners and losers will be, requires a clear view of how technology disruptions work and what makes the AI revolution different, the report notes.
AI’s fast-advancing restructuring of knowledge work, combined with its imminent impact on physical production through AI embodied in robots, means it will soon affect most of what the global economy does, Bain concludes. Its reach will extend into the high-value core of industries like industrial manufacturing, healthcare delivery, and pharmaceutical R&D that the Internet left untouched.
The Internet was chiefly a distribution technology that collapsed companies’ costs to reach customers, but AI is a production technology that collapses the cost of producing goods and services themselves, not just how they are delivered, Bain says. It will have far greater impact as a result.
The forces behind the profit shifts: productivity gains, innovation, and market share shifts
Three driving forces underlie the $4.7 trillion shift in companies’ profit pools over the next decade, Bain finds.
Productivity gains: Much of the focus on AI today is about productivity gains, and with good reason: Beyond the benefits reaped by consumers from better or cheaper products, companies will keep about $1.1 trillion in new profits as AI makes existing work cheaper, faster, and more scalable. Yet those gains represent just 24% of the total profit pool shift. Roughly 75% lies beyond productivity, in gains from innovation and market share shifts.
New innovation: Innovation among incumbents and new AI-enabled categories will generate $2.2 trillion in new profits (at 47%, the largest share of the total shift). New players will emerge, as they did in the Internet era, but AI offers incumbents opportunities to innovate in their core business across a much broader swath of the economy than the Internet did. AI will pull much of the rest of the economy into the digital world.
Market share shifts: $1.3 trillion of the shift will result from an extensive redistribution of existing profits between competing businesses as AI upends who can compete best, what cost structures work, and what capabilities matter. For many CEOs, the biggest risk and opportunity will be figuring out how to use AI better than their existing competitors.
Mapping the AI battlegrounds
Productivity gains, innovation, and market share shifts will play out unevenly across industries, Bain finds, but CEOs can build conviction about the implications of AI for their industry by understanding where their industry falls in one of four clusters.
Technology Foundation – demand is unavoidable, growth is explosive: in this cluster, with $1.5 trillion of profits in play, demand explodes because every other sector’s AI adoption is unavoidable and non-negotiable. As every industry adopts AI, explosive demand follows for cloud infrastructure, data centers, semiconductors, mobile devices, PCs and servers, and AI foundation models, as well as the energy and physical infrastructure that powers and supports it all.
Rewired – an open race, the swift will win: in this cluster, with $1.5 trillion of profits at stake, Bain identifies a battleground in which AI will rapidly rewire competitive advantage in the affected industries, with a leadership gap between fast and slow AI adopters opening up within a few years, rather than decades and profit pools being fundamentally rebuilt.
In this “Rewired” cluster, leading incumbent companies that move fast to adopt AI will entrench their position as their data, regulatory, and scale advantages allow them to control profit pool shifts and capture disproportionate value. Incumbents who hesitate will cede value. Leaders will reinforce their position in sectors such as pharma and biotech, life sciences, healthcare delivery, healthcare equipment, aerospace and defense, and payments in financial services.
Yet other sectors in this ‘Rewired’ cluster will confront a wide-open race between established players and new entrants as AI erodes traditional boundaries and removes ‘moats’ for incumbents. Leadership in a sector then becomes a position to defend. And cost structures, workforce composition, and channel relationships may create drag for incumbents as AI-native competitors build competing models. These disruptions will mean there are no predetermined winners in sectors such as enterprise software, automotive manufacturing, advertising, consulting, corporate law, cybersecurity, ground transportation, freight, and logistics, and machinery.
Enterprise workflow software also sits squarely here. A market leader with deep customer integrations, high switching costs and defensible data moats has a structural advantage – but only if it treats AI as a board level priority and creates features customers will pay for.
Augmentation – the sector survives, leaders may not: in this cluster, with $1.3 trillion of profits at stake, Bain finds AI brings less dramatic changes to underlying business models while the critical question is who will win the race for AI-powered productivity gains. Companies that move more slowly to capture those gains will find that more aggressive competitors squeeze margins. Fast adopters in hospitality, for instance, could use AI to sharpen consumer insights, extend demand forecasting, dynamically adjust pricing, and sustain customer engagement beyond their next visit.
Revolution – delivery changes, the need doesn’t: with $0.3 trillion of profits at stake, this cluster echoes the disruptions from the Internet as the sectors affected, such as customer support, IT services, and online tutoring and test prep, see their core product or service shift to AI or the margin for intermediaries disappears. Companies in these sectors face replacement of their entire delivery model. The profit pool does not disappear but migrates to whoever owns the AI layer.
Media contacts:
Dan Pinkney (Boston) – Email: dan.pinkney@bain.com
Gary Duncan (London) – Email: gary.duncan@bain.com
Ann Lee (Singapore) – Email: ann.lee@bain.com
About Bain & Company
Bain & Company works with leaders worldwide to solve their toughest challenges and deliver enduring results. Since 1973, we’ve partnered with clients, including private equity and portfolio companies, to build the capabilities they need to stay ahead of change and help them redefine their industries. We measure our success by our clients’ success, and we proudly hold the highest levels of client advocacy in our field.
Bain is consistently recognized globally as one of the best places to work. We operate as one global team, uniting strategists, industry and functional experts, technologists, and advisors with a vibrant ecosystem of technology partners.
Notes to Editors
Bain & Company was founded in 1973 and today has 19,000 employees across 67 cities in 40 countries. We have worked with more than two-thirds of the Global 500 and more than 9,000 companies worldwide. Bain has pledged to deliver $2 billion in pro bono consulting to nonprofit, public-sector and charitable organizations by 2035. The firm is consistently recognized as a Leader in major analyst rankings across multiple areas, including digital business, innovation, strategy, experience design, customer experience, and carbon-zero transformation.
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SOURCE Bain & Company
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