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Top 2 Best Places to Work in Bangladesh for 2024 Revealed

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Source: Media Outreach

DHAKA, BANGLADESH – Media OutReach Newswire – 10 January 2025 – The Best Places to Work certification program has recognized Foodpanda and Novo Nordisk as the top two best places to work in Bangladesh for 2024. These leading organizations are celebrated for their exceptional commitment to employee well-being, innovation, and the creation of people-first workplace cultures.

Foodpanda, a leading online food delivery platform, has earned the top spot in Bangladesh for its dedication to fostering a work environment where employees are empowered, supported, and encouraged to thrive. The company’s emphasis on work-life balance, growth opportunities, and a collaborative atmosphere has set a new benchmark for excellence in the region. In addition to its people-first initiatives, Foodpanda has invested heavily in modern workplace technologies, employee recognition programs, and regular feedback mechanisms. These efforts ensure continuous improvement and a workplace where employees feel heard and appreciated. Foodpanda’s commitment to driving employee engagement, building a diverse and inclusive workplace, and offering personal and professional growth has contributed to its success as the number one employer in the country.

Novo Nordisk, a global healthcare leader, secured the second position for its focus on employee well-being and professional development. The company has built a people-centric culture that emphasizes innovation, inclusion, and flexibility, ensuring that its employees feel valued and motivated to excel. Furthermore, Novo Nordisk has introduced comprehensive wellness programs, mental health support, and initiatives promoting gender equity and sustainability within the workplace. These efforts reflect the company’s long-standing mission to create a positive and enriching environment for its workforce. Novo Nordisk offers continuous opportunities for growth and development, empowering its workforce to achieve both personal and professional success. Its commitment to fostering a balanced and supportive work environment has earned it a place among the top employers in Bangladesh.

These two companies have set exceptional standards for workplace excellence in Bangladesh, providing environments where employees are valued, supported, and motivated to contribute to organizational success.

Hashtag: #BestPlacesToWork

The issuer is solely responsible for the content of this announcement.

– Published and distributed with permission of Media-Outreach.com.

Results of the IX Digital Asset Industry Classification System (“DAICS®”) 2024 2H Review

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Source: Media Outreach

HONG KONG SAR – Media OutReach Newswire – 10 January 2025 – Today, IX Asia Indexes announced the 2nd Half 2024 Review of the IX Digital Asset Industry Classification System (“DAICS®“), aiming to provide the professionals worldwide with a transparent and standardized classification scheme to determine sector and exposure of particular digital assets. DAICS® classifies digital assets into 2 main categories: a) Cryptocurrencies and b) Asset Backed Tokens in a 3-tier system for each category. For Cryptocurrencies: Tier 1-Industry/ Tier 2-Sector/ Tier 3-Sub-sector; for Asset Backed Tokens: Tier 1-Asset Type/ Tier 2-Branch/ Tier 3-Sub-branch (Appendix 1). The results are as follows:

a) Cryptocurrencies
i) Structure and definitions
Tier 1: Industry Changes
The industry groups remain unchanged with 5 industries. The industry names and definitions also remain unchanged.
1) Payment (110)
2) Infrastructure (120)
3) Financial services (130),
4) Tech & Data (140) and
5) Media & Entertainment (150).

Tier 2: Sector Changes
The number of sectors remain unchanged with 16 sectors. There is no modification in Sector names as well as the definition of the sectors.

ii) Classification Changes
No Change

iii) Green coins label
There are 9 Greens coins in this review, labelled green in the following table:

Energy Efficient Consensus Mechanism (Pos, PoH, PoA, Hashgraph) Renewable Energy Use
Payment Ethena USDeG (New)

FDUSDG (New)

NIL
Infrastructure (120) NIL SOLG

VETG

Financial Services (130) LEOG (New)

OKBG (New)

NIL
Tech & Data (140) NIL NIL
Media & Entertainment (150) PEPEG (New)

WIFG (New)

IMXG

NIL

iii) Coverage of DAICS®
DAICS® coin coverage: top 50 coins by average market capitalization across past 90 days.
DAICS®market capitalization coverage: 89.32%*
The % coverage of market capitalization of the 50th ranked coin: 0.0802%
Member changes within the TOP 50 coins in DAICS®: 5 coins in and 6 coins out.

(For more details about the industry weighting and the 6 changes, please see Appendix 4)

*As of 9th December 2024, based on past 90 days market capitalization ranking including all coins* (exclude Wrapped coins and Decentralized Autonomous Organization (DAO) governance tokens)
Note: G as ‘Green‘ labelling for cryptocurrencies that adhere to the principles of sustainability

* * (For details on Industry & Sector definitions under DAICS®, please refer to Appendix 2 & 3)

b) Asset Backed Tokens (ABT)
i) Structure and definitions
Tier 1: Asset Types Changes
The asset types remain unchanged at 6
1) Culture (205),
2) Real Estate (215),
3) Financials (235),
4) Entertainment (255),
5) Natural Resources (265), and
6) Green Economy (275)

Tier 2: Branch Changes
The branches remain unchanged at 31.
(For details on Asset types and Branches, please refer to Appendix 3).

ii) Classification Changes
Nil

iii) Coverage of DAICS®
IX Asia Indexes has not started to classify any ABT. ABTs will be added to DAICS® in the next stage when a fair amount of popular asset-backed tokens are available in the market. A new ABT registry will be made available to the public. Although there has been an increase in the number of ABTs, ABTs only comprised 0.106% of the total market capitalization of digital assets. A classification summary and definition table are available at Appendix 5 & 6.

For further information regarding the methodology of the DAICS®, please refer to the “IX Digital Asset Industry Classification System”- principle and guiding methodology on the company website https://ix-index.com/daics.html.

All classification changes including the ixCrypto Infrastructure Index and ixCrypto Stablecoin index will take effect on 17th January 2025.

For more details on our DAICS® qualification criteria, please email daics@ix-index.com.

For the diagrams in Appendix 1-3, please refer to https://ix-index.com/daics.html.

Appendix 4


In and out in DAICS® Top 50 cryptos

In Out
1. Sui (SUI) THORChain (THOR)
2. Artificial Superintelligence Alliance (FET) Lido DAO (LDO)
3. Ethena USDe (USDeG) Arweave (AR)
4. Aave (AAVE) The Graph (GRT)
5. Fantom (FTM) Theta Network (THETA)
6. Maker DAO (MKR)

Sector Weighting of the Classification System**

Industry Weighting (%)
Payment 70.406%
Infrastructure 22.616%
Financial Services 4.235%
Tech & Data 0.541%
Media & Entertainment 2.203%

*Special Currency Treatment of DAICS® applies
**Based on 9th Dec 2024
G: Green Label

Appendix 5


Classification of top 50 coins by Market Capitalization

Category Industry Sector Cryptocurrencies
Cryptocurrencies Payment:

Blockchain based money, designed for transactional purposes. This includes daily transactions usage and stablecoins.

Transaction & Payment BTC

XRP

BCH

LTC

XLM

KAS

CRO

XMR

Stablecoin USDT

USDC

DAI

USDeG

FDUSDG

Infrastructure:

Bedrock blockchain that facilitates the operation of other decentralised applications. This includes the creation and running of dedicated blockchain platforms, achieving interoperability between networks, increasing the amount or speed of transactions etc

Application Development Protocol & Smart Contract ETH

SOLG

ADA

TRX

TON

AVAX

SUI

NEAR

APT

ICP

HBAR

ETC

VETG

INJ

FTM

Interoperability DOT

LINK

ATOM
Scaling & Sharding POL

STX

MNT

ARB

OP

Supporting System Nil
Financial services:

Tokens that provide on-chain asset management services, crypto-exchange services, funding, lending and other capital markets related services

Exchange Tokens BNB

LEOG

UNI

OKBG

Lending & Borrowing AAVE
Staking Nil
Tech & Data:

Provision of data management and storage, and development of innovative crypto technology

Storage & Sharing FIL RENDER
Data Management Nil
Artificial Intelligence TAO

FET

Media & Entertainment:

Recreational and media services. Including content creation and distribution, advertising through crypto-asset incentive mechanisms, gaming and collectibles

Social Media & Community DOGE

WIFG

SHIB

PEPEG

Streaming NIL
Gaming IMXG
Metaverse NIL

Note: G as ‘Green‘ labelling for cryptocurrencies that adhere to the principles of sustainability

Appendix 6

IX Digital Asset Industry and Sector Classification System (“DAICS®“)

Category Industry Sector Sector definition
Cryptocurrencies (1) Payment: (110)

Definition

Blockchain based money, designed for transactional purposes. This includes daily transactions usage and stablecoins.

Transaction & Payment

(11010)

Cryptocurrencies that are used for store of value, unit of account, medium of exchange
Stablecoin

(11020)

Cryptocurrencies where price is pegged to a / a basket of, reference asset
Infrastructure: (120)

Definition

Bedrock blockchain that facilitates the operation of other decentralised applications. This includes the creation and running of dedicated blockchain platforms, achieving interoperability between networks, increasing the amount or speed of transactions etc.

Application Development Protocol & Smart Contract

(12010)

layer-1 blockchain network that facilitates DApp creation and smart contract execution and smart contract
Interoperability

(12020)

Network that increases inter-connectivity and integration of the fragmented cryptocurrency ecosystem
Scaling & Sharding

(12030)

Networks that increase the ability to cope with the influx of many transactions at a time and blockchain network that can be split into smaller partitions, to improve scalability and process transactions quicker
Supporting System

(12040)

Networks/sidechains that improve functionality of layer-1 network
Financial services: (130)

Definition

Tokens that provide on-chain asset management services, crypto-exchange services, funding, lending, and other capital markets related services

Exchange Tokens

(13010)

Cryptocurrencies that represent the stable coin in the exchange ecosystem and allow users to covert from digital asset on decentralised or centralised system int fiat currencies
Lending & Borrowing

(13020)

Borrowing and lending crypto assets with interest in return and other secondary financial tools derived from primary underlying asset, such as crypto futures and options
Staking

(13030)

Holding and “staking” of certain amount of cryptocurrency in a wallet to facilitate network operations
Tech & Data: (140)

Definition

Provision of data management and storage, and development of

innovative crypto technology

Storage & Sharing

(14010)

Crypto protocols that provide decentralized storage and/or sharing of data filing and resources.
Data Management

(14020)

Networks/Protocols that facilitate the indexing and querying of data from blockchain(s), enabling efficient data retrieval and management for decentralized applications
Artificial Intelligence

(14030)

Cryptos/Protocols that facilitate the use of AI powered apps or projects directly using blockchain platform.
Media & Entertainment: (150)

Definition

Recreational and media services. Including content creation and distribution, advertising through crypto-asset incentive mechanisms, gaming and collectibles

Social Media & Community*

(15010)

Cryptos that provides mast social community and followers without a close secondary industry sector
Streaming

(15020)

Cryptos that provides rights to access decentralised video-streaming sites
Gaming

(15030)

Cryptos which mainly used in gaming or gaming supporting industry
Metaverse

(15040)

Cryptos that is commonly used in collective virtual open space, created by the convergence of virtually enhanced physical and digital reality. This includes the use of VR and/or AR and/or 3D.

DAICS® Asset Type Definitions

Category Asset Type Branch Sub -branch
Asset-Backed Tokens (2) Culture: (205)

Definition

Real asset relating to sports, art, cultural drama, festive collectibles and design IPs etc.

Art

(20510)

This shall be further developed in the future with more digital assets available in the market

Sports

(20520)

Festive Collectibles

(20530)

Design IPs

(20540)

Drama and Play IPs

(20550)

Real Estate:(215)

Definition

Assets that mainly derived its valuation from property, real estate, and land

Commercial Property

(21510)

Residential Property

(21520)

Governmental Property

(21530)

Residential and Commercial Land

(21540)

Financials: (235)

Definition

Real financial asset including listed company shareholdings on regulated centralised exchanges and private company shareholdings; debt instruments; property trusts and derivatives that settled on regulated exchange (CeFi and DeFi).

Tokenised Securities (Company Securities, ETF)

(23510)

Tokenised Debts

(23520)

Tokenised REITs

(23530)

Entertainment: (255)

Definition

Ownership of the IPs assets in the area of entertainment in real world such as concert, play, shows, circus, musicals, songs, movies, games, events and programs, and souvenir collectibles that is derived from the above areas.

Movies

(25510)

This shall be further developed in the future with more digital assets available in the market

Following definition of the United Nations

17 sustainable development goals²

Songs

(25520)

Concerts

(25530)

Gaming

(25540)

All Other Entertainment Events and Collectibles

(25550)

Natural Resources: (265)

Definition

Natural resources asset that derived directly from sea, sky, atmosphere and underground and can be classified as a commodity with standardisation such as precious metals, agricultural, energy and metals.

Precious Metals

(26510)

Agricultural

(26520)

Energy

(26530)

Metals

(26540)

Green Economy (275)

Definition

Ownership of Projects Asset that falls under the definition of the UN 17SDG²s, with over 80% of the income or jobs provided on these 17 initiatives.

No Poverty & Zero Hunger

(27510)

Good Health and Well-Being

(27520)

Quality Education

(27530)

Gender Equality

(27540)

Clean Water and Sanitation/Affordable and Clean Energy

(27550)

Decent Work and Economic Growth/ Industry, Innovation, and Infrastructure/ Partnerships for the Goals

(27560)

Reduced inequalities/ Peace, Justice and Strong Institutions

(27570)

Sustainable Cities and Communities/Responsible Consumption and Production

(27580)

Climate Action

(27590)

Life Below Water & Life on Land

(27500)

² United Nations 17 sustainable development goals covering 1) No Poverty 2) Zero Hunger 3) Good Health and Well-Being 4) Quality Education 5) Gender Equality 6) Clean Water and Sanitation 7) Affordable And Clean Energy 8) Decent Work and Economic Growth 9) Industry, Innovation and Infrastructure 10) Reduced inequalities 11) Sustainable Cities and Communities 12) Responsible Consumption and Production 13) Climate Action 14) Life Below Water 15) Life on Land 16) Peace, Justice and Strong Institutions and 17) Partnerships for the Goals https://sdgs.un.org/goals

Hashtag: #DAICS

The issuer is solely responsible for the content of this announcement.

– Published and distributed with permission of Media-Outreach.com.

Results of the ixCrypto Index Series Quarterly Review (2024 Q4) & IX Digital Asset Industry Index Series Half Yearly Review (2024 2H)

0

Source: Media Outreach

HONG KONG SAR – Media OutReach Newswire – 10 January 2025 – Today, IX Asia Indexes announced the 2024 4th quarter review of ixCrypto Index Series and IX Digital Asset Industry Index Series. The constituent changes will be effective on 17th January 2025 (Friday). The results of the constituent review and exchange review are as follows:

1. Constituent Review – ixCrypto Index Series

1.1 ixCrypto Index (“IXCI”)
The number of constituents will remain unchanged at 19 constituents with 2 additions and 2 deletions.

Additions
1. Stellar
2. Sui

Deletions
1. Aptos
2. Polygon

After the change, the free float adjusted market capitalization coverage is 82.62%*, while the 90-day-average volume is 77.39%* (excluding stable coin which has 6.21% of the total crypto universe). The constituents change above and recapping at 40% will be effective on 17 January 2025 (Friday).

Since the last review, there has been an increase in the crypto total market capitalization from USD2.17tn to USD2.89tn (+33.18%)#, and a increase in the daily volume from USD71.42bn to USD152.20bn (+113.11%)#. Bitcoin remains as the largest crypto in the constituent list, with its price has increased by 41.15% since the last review.

1.2 ixCrypto Portfolio Indexes

1.2.1 ixCrypto 5 Equal Weight Index (“IXEW5”) and ixCrypto 5 Square Root Index (“IXSR5”)

Addition
No addition

Deletion
No deletion

1.2.2 ixCrypto 10 Equal Weight Index (“IXEW10”) and ixCrypto 10 Square Root Index (“IXSR10”).

Addition
No addition

Deletion
No deletion

1.2.3 ixCrypto Altcoin 10 EW Index (“IXAEW10”) and ixCrypto Altcoin 10 SR Index (“IXASR10”).

Addition
1. Chainlink

Deletion
1. Polkadot

1.3 ixCrypto BTC/ETH Indexes

As of 31st December 2024, the market capitalization represented by the two indexes IX Bitcoin Index (IXBI) and IX Ethereum Index (IXEI) in ixCrypto BTC/ETH 5050 Index (“IX5050”) was 40.99%/59.01% respectively, a change from 43.69%/56.31% from 30th September 2024.

As of 31st December 2024, the market capitalization represented by the two indexes IXBI and IXEI in ixCrypto BTC/ETH Proportional Index (“IXPI”) was 43.69%/56.31% respectively, a change from 40.99%/59.01% from 30th September 2024.

The weight of IXBI & IXEI will be adjusted to 81.60%/18.40% respectively, at effective date 17th January 2025 from 78.19%/21.81% on 18th October 2024 (last effective date).

2. Constituent Review- IX Digital Asset Industry Index Series

2.1 ixCrypto Stablecoin Index

The number of constituents will increase to 5 with 1 addition and no deletion. Stable coin comprises 6.21% of the total crypto universe, and ixCrypto Stablecoin Index covers around 99.26% of the 90-day average market capitalization in stablecoin universe.

Addition
1. Ethena USDe

Deletion
No deletion

2.2 ixCrypto Infrastructure Index

The number of constituents will increase to 23 constituents, with 2 additions and no deletions.

Additions
1.Sui
2. Fantom

Deletion
No deletion

3. Exchange Review
As a result of exchange review, 10 exchanges passed the review process, which are as follows:

Passed Exchanges
1. Binance
2. Bitrue (New)
3. Bybit (New)
4. Upbit
5. Whitebit
6. Coinbase Advanced
7. OKEX
8. Gate.io
9. DigiFinex
10. Bitget

Removed Exchanges
1. P2PB2P
2. Huobi Global

The selected 10 exchanges will be taken to generate each of the fair average prices for the IX indexes’ constituents. The exchange review covers volume rankings, exchange background checking, founders’ background checking, USD/USDT/USDC/BTC pairs coverage, overconcentration rules, exchange API coverage checking and stability etc for an exchange.

After the meeting, IX Asia Indexes announces that the IX Asia Indexes will adopt a revised exchange selection methodology to reduce the number of selected exchanges from 10 to 8. This means each index constituent’s price will be an average of 8 instead of 10. This change has been approved by the IX Asia Indexes Index Advisory Committee and will take effect together with the next quarter’s review effective date in April 2025. The revision aims to raise the data stability and exchanges credit ratings that already have high market volume coverage. This strategic update reinforces our commitment to providing accurate, reliable, and high-quality benchmarks for the digital asset market.

For more details about our exchange selection criteria, please email info@ix-index.com

More details about the ixCrypto index, including their constituents, constituents’ weight are provided in the Appendices, or refer to the website https://ix-index.com/

*Exclude stable coins and exchange coins (based on conflict-of-interest rule methodology effective Oct 2, 2020)

#As of 31 December 2024, based on past 90 days average

Appendix 1

ixCrypto Index (“IXCI”)

Universe All crypto coins traded in at least two different exchanges around the world
Selection Criteria Cryptocurrencies ranking in the top 80% of cumulative full market capitalization (“MC”) coverage and within an acceptable range in accordance with the Volume Buffer Rule in terms of 90-day average trading volume
Number of Constituents Variable/19 in Q4 2024
Launch Date 12th December 2018
Base Date 3rd December 2018
Base Value 1,000
Reconstitution Rule If the coverage is below 75% or any of constituents is not within an acceptable range in accordance with the Volume Buffer Rule in terms of 90-day average trading volume, IXCI will be reconstituted to bring MC coverage back and do liquidity screening.
Reconstitution and Rebalancing Frequency Quarterly and with a fast entry rule
Weighting Methodology Free float adjusted market capitalization weighted with a cap of 40%
Currency US Dollar
Dissemination Every 5 seconds for 24×7
Website https://ix-index.com/

Appendix 2

Crypto 90-day-average- Market Cap 90-day-average-volume * Cut-off

Price

Cumulative

Market Coverage before Cap

Weighting (%) After 40% Cap#
1 Bitcoin $ 1,653,346,686,963 $55,700,564,812 92643.21 57.19% 40.00%
2 Ethereum $ 372,904,493,611 $28,923,854,773 3356.39 70.09% 28.97%
3 Solana $ 92,517,695,642 $4,696,383,712 191.03 73.29% 6.57%
4 XRP $ 73,519,084,861 $8,093,922,867 2.06 75.84% 8.46%
5 Dogecoin $ 40,671,209,916 $5,987,716,000 0.31 77.24% 3.31%
6 Cardano $ 24,222,742,887 $1,588,004,259 0.86 78.08% 2.17%
7 TRON $ 17,918,987,041 $1,106,336,563 0.25 78.70% 1.56%
8 Avalanche $ 14,453,177,241 $752,645,851 35.91 79.20% 1.05%
9 Toncoin $ 14,198,145,889 $326,520,961 5.58 79.69% 1.02%
10 Shiba Inu $ 13,201,346,341 $1,259,766,322 0.00 80.15% 0.89%
11 Chainlink $ 10,523,400,832 $951,515,621 20.58 80.51% 0.94%
12 Polkadot $ 9,415,826,014 $570,815,666 6.70 80.84% 0.74%
13 Sui $ 8,871,169,768 $1,522,100,374 4.18 81.15% 0.88%
14 Bitcoin Cash $ 8,574,389,714 $566,961,600 443.34 81.44% 0.63%
15 Stellar $ 7,631,351,513 $1,046,598,022 0.33 81.71% 0.72%
16 Litecoin $ 6,706,780,617 $857,128,864 99.31 81.94% 0.54%
17 NEAR Protocol $ 6,651,505,963 $602,999,876 5.04 82.17% 0.43%
18 Pepe $ 6,605,970,390 $2,739,283,209 0.00 82.40% 0.55%
19 Uniswap $ 6,444,330,873 $497,335,285 13.32 82.62% 0.57%

Weightings of the Constituents of ixCrypto Index

As of 31 December 2024
* 90-day-average-volume ranking in total market is shown in the parentheses
# Weighting (%) after 40% Cap is adjusted according to the cut-off price, the arrangement of order may not be the same as 90-day-average-Market Cap
Selection of index constituents is based on the past 90-day-average market capitalization and volume.
For the calculation methodology of the index, please refer to the “ixCrypto Index Methodology Paper” on our website

Appendix 3

Weightings of the Constituents of ixCrypto Portfolio Indexes

Index Constituents ixCrypto 5 EW Index ixCrypto 5 SR Index ixCrypto 10 EW Index ixCrypto 10 SR Index ixCrypto Altcoin 10 EW Index ixCrypto

Altcoin 10

SR Index

1 Bitcoin 20.00% 47.50% 10.00% 38.42%
2 Ethereum 20.00% 22.30% 10.00% 18.04% 10.00% 27.82%
3 Solana 20.00% 10.62% 10.00% 8.59% 10.00% 13.25%
4 XRP 20.00% 12.05% 10.00% 9.75% 10.00% 15.04%
5 Dogecoin 20.00% 7.53% 10.00% 6.10% 10.00% 9.41%
6 Cardano 10.00% 4.93% 10.00% 7.61%
7 TRON 10.00% 4.19% 10.00% 6.46%
8 Avalanche 10.00% 3.44% 10.00% 5.31%
9 Toncoin 10.00% 3.38% 10.00% 5.22%
10 Shiba Inu 10.00% 3.16% 10.00% 4.88%
11 Chainlink 10.00% 5.00%

Appendix4

Weightings of the Constituents of ixCrypto BTC/ETH 50/50 Index
and ixCrypto BTC/ETH Proportional Index

90-day-average Crypto Market Cap 90-day-average Crypto Volume Index Level Cumulative Market Cap Coverage Weight in BTC/ETH 50/50 Weight in BTC/ETH Proportional
IXBI $1,653,346,686,963 $55,700,564,812 $22373.87 57.19% 50.00% 81.60%
IXEI $ 372,904,493,611 $28,923,854,773 $ 28838.88 70.09% 50.00% 18.40%

Appendix 5

Weightings of the Constituents of ixCrypto Infrastructure Index

Crypto 90-day-average- Market Cap 90-day-average-volume * Cut-off Price Cumulative

Market Coverage before Cap

Weighting (%) After 40% Cap#
1 Ethereum $ 372,904,493,611.13 $28,923,854,773 $3,356.39 12.90% 40.00%
2 Solana $ 92,517,695,641.63 $4,696,383,712 $191.03 16.10% 21.06%
3 Cardano $ 24,222,742,887.03 $1,588,004,259 $0.86 16.94% 6.94%
4 TRON $ 17,918,987,041.10 $1,106,336,563 $0.25 17.56% 5.01%
5 Avalanche $ 14,453,177,241.43 $752,645,851 $35.91 18.06% 3.38%
6 Toncoin $ 14,198,145,888.78 $326,520,961 $5.58 18.55% 3.27%
7 Chainlink $ 10,523,400,831.52 $951,515,621 $20.58 18.91% 3.02%
8 Polkadot $ 9,415,826,014.13 $570,815,666 $6.70 19.24% 2.36%
9 Sui $ 8,871,169,768.28 $1,522,100,374 $4.18 19.55% 2.81%
10 NEAR Protocol $ 6,651,505,962.99 $602,999,876 $5.04 19.78% 1.35%
11 Aptos $ 5,775,300,789.13 $455,906,191 $8.87 19.98% 1.14%
12 Hedera $ 5,570,631,325.54 $862,787,795 $0.28 20.17% 2.44%
13 Internet Computer $ 4,687,766,472.02 $191,472,147 $10.03 20.33% 1.10%
14 Ethereum Classic $ 3,722,758,894.98 $398,857,535 $25.41 20.46% 0.88%
15 VeChain $ 2,922,926,364.19 $127,235,272 $0.04 20.56% 0.82%
16 Stacks $ 2,906,816,986.95 $213,096,487 $1.49 20.66% 0.52%
17 Arbitrum $ 2,903,723,109.63 $534,575,605 $0.73 20.76% 0.71%
18 Mantle $ 2,810,706,862.04 $119,998,236 $1.20 20.86% 0.93%
19 Cosmos $ 2,435,639,693.81 $273,561,507 $6.34 20.94% 0.57%
20 Optimism $ 2,425,343,124.03 $367,872,059 $1.82 21.03% 0.57%
21 Fantom $ 2,414,473,266.10 $416,274,281 $0.73 21.11% 0.47%
22 Injective $2,345,116,959.18 $187,573,289 $20.04 21.19% 0.45%
23 Polygon $1,046,202,224.40 $18,988,005 $0.46 21.23% 0.20%

As of 31 December 2024

* 90-day-average-volume ranking in total market is shown in the parentheses

# Weighting (%) after 40% Cap is adjusted according to the cut-off price, the arrangement of order may not be the same as 90-day-average-Market Cap

Selection of index constituents is based on the past 90-day-average market capitalization and volume.

For the calculation methodology of the index, please refer to the “ixCrypto Index Methodology Paper” on our website.

Appendix 6

Weightings of the Constituents of ixCrypto Stablecoin Indexes

Crypto 90-day-average- Market Cap 90-day-average-
volume
Cut-off
Price
Cumulative
Market Coverage
before Cap
Weighting (%) After 40% Cap
1 Tether USDT $128,448,943,914 $122,344,000,567 $1.00 4.44% 40.00%
2 USDC $38,123,748,722 $9,087,285,469 $1.00 5.76% 40.00%
3 Dai $5,364,795,644 $127,138,381 $1.00 5.95% 7.99%
4 Ethena USDe $3,831,640,493 $111,784,914 $1.00 6.08% 8.73%
5 First Digital USD $2,344,937,137 $6,974,820,760 $1.00 6.16% 3.28%

As of 31 December 2024

Appendix 7

ixCrypto Indexes Dissemination
Real time indexes are disseminated every 5-second interval for 24×7 since 23 June 2022. The real-time indexes are available for viewing on the IX Crypto Index official webpage. For IXCI, IXBI and IXEI, the indexes are also available through Nasdaq Global Index Data Service (GIDS) with the tickers “IXCI”, “IXBI” and “IXEI”, with dissemination interval kept at 15-second unchanged.

The vendor tickers are shown below:

Index Name Bloomberg Ticker Reuters Ticker
ixCrypto Index IXCI .IXCI
ixBitcoin Index IXCBI .IXBI1
ixEthereum Index IXCEI .IXEI1

For further information about ixCrypto Index and other available indexes including IX Crypto spot price index series, please visit company official webpage https://ix-index.com or subscribe to LinkedIn: IX Asia Indexes

For data licensing and product, please contact us at licensing@ix-index.com.

For free API use on academic research or trial, please contact enquiry@ix-index.com

Hashtag: #IXAsia #IXAsiaIndexes

The issuer is solely responsible for the content of this announcement.

– Published and distributed with permission of Media-Outreach.com.

Finex Launched ‘Get X2’ Trading Competition to Celebrate the New Year

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Source: Media Outreach

Finex, an Indonesian broker with over a decade of success, launched a trading marathon campaign to start the New Year with 100% rebates and other attractive rewards.

JAKARTA, INDONESIA – Media OutReach Newswire – 10 January 2025 – On December 24, Finex started a month-long promotion, offering an engaging trading experience with gifts and a generous 100% rebate. Titled “Get X2”, the promo allows participants to exchange traded lots for valuable gifts and raffle tickets, receiving weekly rebates for every traded lot. Collected tickets will enable participants to join the live draw and compete for the grand prize.

Get X2 promo by FINEX

The promotion is only available exclusively to verified Finex traders with the Finex Trading application and MetaTrader 5 trading platform. Any existing or new trader automatically becomes a participant. To enjoy the full Get X2 experience, traders must activate rebates.

Agung Wisnuaji, CEO of Finex, said: “With Get X2, we are creating a place for our traders to feel the joy of year-end holidays and financial gains. The double benefit concept perfectly reflects this idea and rhymes with the festive New Year period—the time of celebrations and gifts”.

The active trading phase of the Finex – Get X2 promo ends on January 30. During this period, traders will trade lots to unlock digital and physical gifts, including subscriptions to trading services, Finex merchandise, gold, and high-tech devices.

January 31 will mark the promo’s finale, featuring the live raffle which requires participants to stake their collected tickets for a chance to win the grand prize – a BYD M6 car.

Derivative transactions involve high risks and high returns. By joining the Promo, you confirm that you have read and agreed to its terms and conditions.

https://finex.co.id/
https://www.facebook.com/finexbroker
https://www.instagram.com/finex_forex

Hashtag: #Finex #trading #Forex #promo

The issuer is solely responsible for the content of this announcement.

– Published and distributed with permission of Media-Outreach.com.

Improving resilience on State Highway 1 at Utiku

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Source: New Zealand Transport Agency

New resilience work is underway this week at Utiku south of Taihape, on land between State Highway 1 and the railway corridor.

Work has now begun onsite and is expected to continue for at least four months.

During the work, crews will install new drainage in the area to boost the resilience of SH1 through this area and reduce risk to the road, which has been affected for many decades by a large, slow-moving landslide.

NZ Transport Agency Waka Kotahi (NZTA) Project Manager Gareth Howie says drainage is critical to any project, but drainage for this project is particularly crucial as it will redirect water away from the hillside, road and railway elsewhere in the existing stormwater system.

“This work, to redirect the water from the hillside and improve drainage, will boost the safety and reliability of the state highway and ultimately the efficiency of travel for all road users, hopefully minimising disruptions in future,” says Mr Howie.

In August 2023, cracks in the road meant emergency repair work needed to be undertaken, in addition to the installation of monitoring.

Over the next four months, NZTA is planning to install up to 3 incline drains (drains running up the hill) at the site, subject to approvals, which will reduce risk to the main trunk railway line as well as SH1.

Each drain will consist of four ‘fans’. At each of the fan locations in the drain, groundwater will be intercepted and will flow through the drain and be redirected.

“Water will be directed through the slotted drains from the upper levels into one exit point at the base of the drain, then filtered through the open swales, down into the culvert system and into existing culverts and then down to the Hautapu River, which is the direction the water is trying to take naturally,” says Mr Howie.

“We are working with mana whenua to ensure that water discharged from the drains remains in the same catchment, and effects on the Hautapu River, wetlands and watercourses are minimised as much as possible.”

Each drain will take up to four months to install and NZTA will monitor the effectiveness of each one before moving on to install the next. There will be minimal impact to road users as a result of these works.

Other work at the site this construction season to ensure a more resilient and safer road includes the felling of trees overhanging the road, and application of a second coat seal on the road following the 2023 emergency works.

This work is likely to involve some traffic management.

NZTA is also planning to install more instrumentation in the area to enhance monitoring with real time capability for response.

We will keep people updated as these works progress.

Site for first drain.

MIL OSI

Motorcyclist dies following crash in Palmerston North on 6 January

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Source: New Zealand Police (National News)

A motorcyclist critically injured in a crash in Palmerston North on 6 January has passed away in hospital.

The crash, involving a car and a motorcycle, occurred at the intersection of Victoria Avenue and Manapouri Crescent in Hokowhitu at around 2.10pm on Monday 6 January.

The motorcyclist was transported to Palmerston North Hospital with critical injuries and was subsequently transferred to Wellington Hospital.

Tragically, he died in Wellington Hospital on 9 January.

Our thoughts are with his family and loved ones.

Enquiries into the circumstances of the crash are ongoing.
 

ENDS

Issued by Police Media Centre. 

MIL OSI

Trend Micro and Intel Innovate to Weed Out Covert Threats

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Source: Media Outreach

Harnessing the power of software and hardware security to drive stronger ransomware detection for businesses

HONG KONG SAR – Media OutReach Newswire – 10 January 2025 – Trend Micro Incorporated (TYO: 4704; TSE: 4704), a global cybersecurity leader, today announced a new collaboration with Intel ® (NASDAQ:INTC) designed to help joint enterprise customers protect critical systems from stealthy threats, including fileless malware and advanced ransomware.

When Trend’s proactive security platform and Intel’s technology are used together, the integrated solution can better determine if encryption behavior is legitimate—such as a user backing up files or malicious—ensuring the appropriate action is taken to protect critical systems.

Carla Rodriguez, Intel VP: “Threat actors are increasingly targeting endpoints with sophisticated attacks that evade traditional software-based security. Trend Micro’s integration of Intel® Threat Detection Technology provides a hardware-accelerated detection layer to uncover stealthy threats. This technology, deployed across a billion PCs, is the only AI-based silicon security solution of its kind. Our mutual customers will benefit from enhanced protection with Trend Micro’s AI-powered Trend Vision One™ – Endpoint solutions on Intel AI PCs.”

Protecting critical assets across endpoints, email, networks, and cloud workloads is increasingly challenging as malicious actors favor covert threats such as fileless malware, which was reportedly present in 40% of attacks in 2023. These can be used to deploy ransomware, steal sensitive data, and cause significant financial and reputational damage.

Fileless attacks are particularly dangerous as they rely on in-memory execution, reside in the registry, or abuse legitimate tools like PowerShell and Windows Management Instrumentation.

That’s why Trend and Intel are teaming up by combining the AI-powered Trend Vision One. This collaboration provides organizations with powerful tools to detect and respond to ransomware and fileless attacks before they can cause damage.

Rachel Jin, chief enterprise platform officer at Trend Micro: “Proactive security has long been desired but just recently feasible. Through our work with Intel, we’re redefining what’s possible in cybersecurity—empowering enterprises to proactively safeguard their systems, data, and operations against an increasingly complex threat landscape.”

How AMS works:

  • Intel® TDT offloads advanced memory scanning (AMS) workloads from CPU to GPU
  • This enables Trend endpoint security solutions to scan more deeply and more often to uncover fileless attacks before they can launch malicious payloads.
  • Using fewer CPU resources enhances threat detection and response without affecting performance, slowing down PCs, or reducing battery life.

Trend Vision One™ – Endpoint Security leverages AMS to improve memory scanning capacity by 7 to 10X[1]. This means that organizations can scan more and detect more threats.

CPU-based threat detection:
Advanced ransomware is increasingly capable of evading EDR detection thanks to packing and obfuscation techniques and VM cloaking. EDR solutions are too often playing catchup with behavior-based approaches, which take time to get up to speed.

Intel® TDT augments Trend’s behavioral analysis, runtime machine learning, and expert rules by providing critical visibility into the hardware layer, increasing ransomware detection efficacy by 24% over software alone.

It does this by:

  • Using CPU telemetry and Intel® AI, offloading Intel AI and memory scanning from the CPU to the integrated GPU to provide a detection assist to Trend’s ransomware defenses which won’t disrupt the user experience.
  • Integrating Intel TDT source code directly into the Trend Micro agent to deliver deeper insights from CPU telemetry. This enables instant discovery of zero-day attacks and new, fast-moving variants.

# # #

https://www.trendmicro.com
https://www.linkedin.com/in/trend-micro-hong-kong-96353768/
https://twitter.com/trendmicroamea
https://www.facebook.com/tmhk1989/

Hashtag: #trendmicro #trendvisionone #visionone #cybersecurity #intel #intelaipc #aipc

The issuer is solely responsible for the content of this announcement.

– Published and distributed with permission of Media-Outreach.com.

Update on December selected prices indexes (SPI) release 2024 – exclusion of December 2024 rental data

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Source: Statistics New Zealand

Update on December selected prices indexes (SPI) release 2024 – exclusion of December 2024 rental data – 10 January 2025 – The December 2024 SPI release, scheduled for publishing next week (16 January 2025), will not include actual rentals for housing data for December 2024.  

The administrative dataset for this information is provided by the Ministry of Business, Innovation & Employment. MBIE has recently completed upgrades to their tenancy bond lodgment system and Stats NZ requires additional time to integrate this data for the rental price indexes.
 
This dataset also contributes to the consumers price index (CPI).  For the December 2024 quarter CPI, which will be released on 22 January 2025, we will produce a quarterly movement for rental prices using the two months of data already published for October and November 2024.
Stats NZ is confident in this approach.
   
We are working to integrate this dataset in time for the January 2025 SPI release in February 2025.

MIL OSI

Oxfam – Richest 1% burn through their entire annual carbon limit in just 10 days

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Source: Oxfam Aotearoa

The richest 1 percent have burned through their share of the annual global carbon budget -the amount of CO2 that can be added to the atmosphere without pushing the world beyond 1.5°C of warming- within the first 10 days of 2025, reveals new Oxfam analysis.
In stark contrast, it would take someone from the poorest half of the global population nearly three years (1022 days) to use up their share of the annual global carbon budget.
This alarming milestone, dubbed “Pollutocrat Day” by Oxfam, underscores how climate breakdown is disproportionately driven by the super-rich, whose emissions far exceed those of ordinary people. The richest 1 percent are responsible for more than twice as much carbon pollution than the poorest half of humanity, with devastating consequences for vulnerable communities and efforts to tackle the climate emergency. To meet the 1.5°C goal, the richest 1 percent need to cut their emissions by 97 percent by 2030.
“The future of our planet is hanging by a thread. The margin for action is razor-thin, yet the super-rich continue to squander humanity’s chances with their lavish lifestyles, polluting stock portfolios and pernicious political influence. This is theft -pure and simple- a tiny few robbing billions of people of their future to feed their insatiable greed,” said Oxfam International’s Climate Change Policy Lead, Nafkote Dabi.
Oxfam’s research shows that the emissions of the richest 1 percent since 1990 have caused -and will continue to cause- trillions of dollars in economic damage, extensive crop losses, and millions of excess deaths.
– The economic damage suffered by low- and lower-middle-income countries over the past 30 years is about three times greater than the total climate finance provided by rich countries to poorer ones.
– By 2050, the emissions of the richest 1 percent will cause crop losses that could have provided enough calories to feed at least 10 million people a year in Eastern and Southern Asia.
– Roughly eight in every 10 excess deaths due to heat will occur in low- and lower-middle-income countries. Around 40 percent of these deaths will occur in Southern Asia.
“Governments need to stop pandering to the richest. Rich polluters must be made to pay for the havoc they’re wreaking on our planet. Tax them, curb their emissions, and ban their excessive indulgences -private jets, superyachts, and the like. Leaders who fail to act are effectively choosing complicity in a crisis that threatens the lives of billions,” said Dabi.
Oxfam calls on governments to:
  • Reduce the emissions of the richest. Governments must introduce permanent income and wealth taxes on the top 1 percent, ban or punitively tax carbon-intensive luxury consumptions -starting with private jets and superyachts- and regulate corporations and investors to drastically and fairly reduce their emissions.
  • Make rich polluters pay. Climate finance needs are growing rapidly, especially in Global South countries bearing the brunt of climate impacts. While rich countries agreed to mobilise $300 billion a year to help Global South countries cope with warming temperatures and switch to renewable energy, this amount falls drastically short from the $5 trillion climate the Global North owes in climate debt and reparations.
Ton CO2 per capita per year Ton CO2 per capita per day Annual carbon budget, ton CO2 per capita Days to use up share of annual carbon budget Richest 1% 76 0.209 2.1 10 Poorest 50% 0.7 0.002 2.1 1022
Oxfam’s research shows that the richest 1 percent –comprising 77 million individuals, including billionaires, millionaires, and those earning over $140,000 per year in PPP terms– were responsible for 15.9 percent of global CO2 emissions in 2019. The bottom 50 percent (3.9 billion people with an average annual income of $2,000 in PPP terms) accounted for 7.7 percent of all CO2 emissions during the same year. “ Climate Equality: A Planet for the 99% draws on research by the Stockholm Environment Institute (SEI) and assesses the consumption emissions of different income groups in 2019, the most recent year for which data are available.
Between 2015 and 2030, the richest 1 percent are set to reduce their per capita consumption emissions by just 5 percent, compared with the 97 percent cuts needed to align with the global per capita level compatible with the 1.5°C goal of the Paris Agreement.
The first-of-its-kind study, Oxfam’s ” C arbon Inequality Kills,” tracks the emissions from private jets, yachts and polluting investments and details how the super-rich are fueling inequality, hunger and death across the world.

MIL OSI

Property Sector – Construction conditions look set to improve in 2025 – CoreLogic

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Source: CoreLogic

The cost to build a ‘standard’ single storey three bedroom, two-bathroom standalone dwelling* in NZ increased by 0.6% in the three months to December, half the 1.1% growth seen in the third quarter of 2024 and also below the long-term average quarterly rise of 1.0%.
CoreLogic’s latest Cordell Construction Cost Index (CCCI) shows that the annual growth over the past 12 months has also slowed to just 1.1%, down from 2023’s rise of 2.4% and also well below the spike of 10.4% in 2022.
CoreLogic Chief Property Economist Kelvin Davidson said it was little surprise that construction cost growth has slowed in the past 12-18 months.
“The previous COVID-related pressures on materials supply chains such as plasterboard are no longer an issue, and there’s also been a wider slowdown in the number of new dwellings consented and actual residential construction work being undertaken,” he said.
“As a result, there’s been reduced pressure on the industry’s capacity, which naturally dampens cost growth, both for materials and labour.”
He pointed out that although the downturn in the construction sector has been deep and prolonged, it started from a very high base, meaning that over the longer-term recent levels of dwelling consents and construction activity have remained above previous troughs – including from right after the GFC.
In terms of specific product lines, the cost trends in Q4 remained mixed.
For example, carpet saw a 3% increase in the three months to December, with wall insulation up by 3% and plasterboard rising by 4%. On the other hand, external timber products dropped by -5%, and kitchen joinery costs were down by -3%.
Looking ahead, Mr Davidson said construction sector activity is unlikely to suddenly surge higher, especially with the slowdown in population growth due to the decline in net migration.
“Construction conditions look set to improve in 2025 as mortgage rates drop, but overall cost growth may still remain relatively controlled.”
“There are also signs in the new dwellings data from Stats NZ that a floor may have been reached and that a rise in construction is likely in 2025.”
Elsewhere in the market, Mr Davidson noted the loan to value ratio (LVR) rules continue to incentivise property buyers to look at new-build dwellings, while the debt to income (DTI) ratio restrictions do the same.
“DTIs aren’t having much impact right now, but with mortgage rates falling they’re set to become a greater consideration in 2025, and could result in a relative shift in property demand away from existing dwellings and towards the new-build segment.”
CoreLogic NZ is a leading, independent provider of property data and analytics. We help people build better lives by providing rich, up-to-the-minute property insights that inform the very best property decisions. Formed in 2014 following the merger of two companies that had strong foundations in New Zealand’s property industry – Terralink Ltd and PropertyIQ NZ Ltd – we have the most comprehensive property database with coverage of 99% of the NZ property market and more than 500 million decision points in our database.
We provide services across a wide range of industries, including Banking & Finance, Real Estate, Government, Insurance and Construction. Our diverse, innovative solutions help our clients identify and manage growth opportunities, improve performance and mitigate risk. We also operate consumer-facing portal propertyvalue.co.nz – providing important insights for people looking to buy or sell their home or investment property. We are a wholly owned subsidiary of CoreLogic, Inc – one of the largest data and analytics companies in the world with offices in New Zealand, Australia, the United States and United Kingdom. For more information visit corelogic.co.nz.
About Cordell Building Indices
The Cordell Building Indices (CBI) are a series of construction industry index figures that are used to monitor the movement in costs associated with building work within particular segments of the industry. The CBI indicate the rate of change in prices within particular segments of the New Zealand construction industry.
The changes in prices are measured daily through the use of detailed cost surveys, and are reported on a quarterly basis. This ensures the most current and comprehensive industry information available. Each index is based on a combination of labour, material, plant hire and subcontract services required to construct buildings within the particular segment being measured. The CBI measure the change in the cost of constructing buildings, and as such do not provide the actual costs.

MIL OSI