Bitget Partners With UNTOLD Festival, Where Web3 Takes The Main Stage

Bitget headlines the global stage as UNTOLD’s exclusive Web3 partner

CLUJ–NAPOCA, Romania, July 09, 2025 (GLOBE NEWSWIRE) — Bitget, the world’s leading cryptocurrency exchange and Web3 company, has collaborated with UNTOLD – one of the top three music festivals in the world to sync pop culture with Web3. With this, Bitget is now the official sponsor of UNTOLD X this August, with the partnership continuing at UNTOLD Dubai later this year. Over 400,000 music lovers will be attending the music festival, taking Bitget’s message to the mainstage and inviting the world to—Feel the ₿eat.

This partnership marks Bitget’s boldest move yet into the world of music and youth culture. Following headline–grabbing deals with LALIGA and MotoGP, the UNTOLD collaboration proves that Bitget isn’t just showing up; it’s stealing the spotlight. The goal? Bring Web3 to the front row, backstage, and every bass drop in between.

“We’ve partnered with athletes, champions, and now rockstars,” said Gracy Chen, CEO of Bitget. “UNTOLD speaks the language of the next generation. And so do we. Whether you're vibing in the crowd or trading on the go, Bitget is there to make every moment count. We’re here to connect, to move with the rhythm of pop culture, and to show that Web3 is the gateway to broadening horizons.”

Ranked #3 globally in DJ Mag’s Top 100 Festivals, UNTOLD has become a cultural landmark. It hosts live acts like Imagine Dragons, Lenny Kravitz, Bebe Rexha, Major Lazer, Charlie XCX, and Jason Derulo. Electronic giants like Martin Garrix, David Guetta, Armin van Buuren, Solomun, and Amelie Lens will also entertain the audience.

“We’re excited to welcome Bitget as a global partner of UNTOLD. This collaboration goes beyond sponsorship; it’s about building bridges between the world of music, culture, and the future of finance,” said Bogdan Rădulescu, Co–Founder & Chief Business Officer of UNTOLD Universe. “Together, we’ll create experiences that redefine how communities connect and celebrate across continents.”

The 10th anniversary edition promises to be legendary, with Post Malone, Armin van Buuren, Tiësto, and Martin Garrix leading the lineup. Bitget will be there every step (and step count) of the way, from immersive events to exclusive VIP experiences.

With front–row seats at UNTOLD, Bitget is turning up the volume on what it means to be a VIP. Think backstage access, ultra–exclusive lounges, and unforgettable moments, all reserved for those who live louder and demand the best.

The partnership kicks off at UNTOLD’s 10th anniversary in Cluj–Napoca. It will carry through to UNTOLD Dubai, where Bitget will once again bring the energy of emerging Web3 to one of the world’s most dynamic cultural stages.

As UNTOLD celebrates a decade of unforgettable music moments, Bitget steps into the spotlight to amplify what’s next. This partnership is about resonance. From Cluj to Dubai, Bitget is reimagining how a new generation connects with finance, culture, and each other.

About Bitget

Established in 2018, Bitget is the world's leading cryptocurrency exchange and Web3 company. Serving over 120 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions. It also offers real–time access to Bitcoin priceEthereum price, and other cryptocurrency prices.

Formerly known as BitKeep, Bitget Wallet is a leading non–custodial crypto wallet supporting 130+ blockchains and millions of tokens. It offers multi–chain trading, staking, payments, and direct access to 20,000+ DApps, with advanced swaps and market insights built into a single platform.

Bitget is at the forefront of driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World's Top Football League, LALIGA, in EASTERN, SEA and LATAM markets, as well as a global partner of Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist), and İlkin Aydın (Volleyball national team), to inspire the global community to embrace the future of cryptocurrency.

For more information, visit: WebsiteTwitterTelegramLinkedInDiscordBitget Wallet

For media inquiries, please contact: [email protected]

About UNTOLD

UNTOLD Festival is one of the world’s largest music festivals, celebrating a decade this summer. Born in the heart of Transylvania, Romania, UNTOLD now ranks 3rd in the Top 100 Festivals by DJ Mag. In 2015, UNTOLD Festival won the award for the Best Major Festival in Europe, a premiere for a festival to receive this recognition after the first edition.

In 2025, UNTOLD celebrates 10 years with Post Malone, Metro Boomin, Anyma, Armin van Buuren, Martin Garrix with UNTOLD Special Set, FISHER, Tiësto Extended Set, Don Diablo Extended Set, Dom Dolla, Adriatique, and more. Over 430,000 fans worldwide are expected in Cluj–Napoca, from August 7 – 10, for the 10th anniversary of UNTOLD.

About UNTOLD Universe

UNTOLD Universe is one of the leading entertainment and live events groups in the world. Its portfolio includes UNTOLD Festival (ranked #3 in the Top 100 Festivals by DJ Mag), Neversea (#21), UNTOLD Dubai (#40), and Massif, a winter music experience in the Romanian mountains. Beyond festivals, UNTOLD Universe also creates cultural events, including Christmas markets, international partnerships, brand activations, communication, and movies.

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

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/45253b75–d3b8–4f34–ae98–50aaef502438


GLOBENEWSWIRE (Distribution ID 1001117165)

Zoom rolls out new agentic AI offerings to save time and drive connections

  • Zoom AI Companion now connects with 16 third–party apps, including ServiceNow, Jira, Asana, Box, and others, to complete tasks and orchestrate agents without leaving Zoom
  • Custom AI Companion add–on is now available to online customers, delivering extended capabilities, including AI meeting summaries across top meeting platforms and customized meeting summaries
  • Zoom expands core AI Companion capabilities, including real–time call questions, voice recorder for in–person meetings, and meeting agenda creation, included at no additional cost with paid Zoom licenses

SAN JOSE, Calif., July 09, 2025 (GLOBE NEWSWIRE) — Zoom Communications, Inc. (NASDAQ: ZM) today delivered new agentic AI capabilities to help users complete tasks across platforms and save time during the work day. With the Custom AI Companion add–on, Zoom AI Companion can now connect to 16 third–party apps to help orchestrate tasks without leaving Zoom. Additionally, the Custom AI Companion add–on is now available for online purchase, enabling small business owners to leverage AI Companion across third–party video conferencing platforms like Google Meet and others, customize meeting summary templates, create custom avatars, and connect third–party apps to boost productivity and help them get more done so they can focus on building and growing their business.

“With Zoom AI Companion’s agentic skills, users will see a significant productivity boost to help them get more done — not just in Zoom, but across business–essential apps like ServiceNow, Jira, Asana, Box, and more,” said Smita Hashim, chief product officer at Zoom. “The Custom AI Companion add–on empowers users to streamline their workflows by having AI Companion join their Zoom Meetings and in–person meetings, and can now access AI Companion across other video conferencing platforms.”

New connected third–party apps for Custom AI Companion add–on

AI Companion uses agentic AI capabilities to maximize efficiency, helping users save time and get more done without leaving Zoom Workplace. With the Custom AI Companion add–on, users can already connect to apps like Amazon Q, Glean, and Jira to deliver powerful indexing, enterprise search, and ticketing capabilities. New third–party apps also deliver context–rich answers and help complete tasks across workstreams with intelligent app orchestration.

  • Improve sales and service outcomes: Accelerate decisions and improve customer satisfaction by empowering teams to resolve service tickets, track opportunities, and update records in real–time, directly from Zoom. When connected to ServiceNow, Zendesk, and other applications, AI Companion helps organizations streamline workflows, reduce manual effort, and ensure customer interactions drive meaningful business results.
  • Reimagine document collaboration: When connected to Microsoft OneDrive, Google Drive, Box*, Confluence, Notion, or Coda, AI Companion helps drive meaningful conversations with secure access to existing documents during meetings, and the ability to generate new documents based on current meetings, update existing documents with simple prompts, or get a quick summary of a document. *Not all document features available at launch.
  • Simplify project management: Keeping teams updated on projects and activities can be challenging, but when connected to Asana and Jira, users can query and command project tools, using AI Companion to update project statuses, assign tasks, and set deadlines without app–juggling or manual workflows.
  • Reduce communication silos: Keep chats and ideas organized in third–parting messaging apps with the ability to search, summarize, and post messages from AI Companion.
  • Recruit and onboard new talent: When connected to Workday, AI Companion can help expedite recruiting, interviews, and onboarding workflows with search and summary capabilities about open jobs and candidate profiles.

Visit the Zoom website to learn more about how app integrations with the Custom AI Companion add–on can boost efficiency.

Custom AI Companion add–on expands to online customers

Many entrepreneurs, solopreneurs, small business owners, and consultants often find themselves switching meeting platforms throughout their day to take calls with clients and stakeholders, without a central way to organize their meeting notes.

The Custom AI Companion add–on, now available for purchase online, expands AI Companion’s meeting summary capabilities to third–party video conferencing platforms such as Google Meet and others, with Cisco Webex coming soon, and delivers agentic AI capabilities to help small businesses get more done:

  • Professional service providers like consultants and freelancers can simplify workflows and save time beyond Zoom Meetings, Zoom Phone calls, and in–person meetings by using AI–generated meeting summaries across third–party meeting platforms like Google Meet and others. With connections to third–party applications like Asana, they can automatically have projects updated in Asana without leaving the meeting.
  • Sales professionals can nurture relationships with prospects and clients while reducing admin time by automatically updating sales records in CRMs based on the conversation.
  • Educators can go beyond meeting summaries and lecture plans to reliably generate summaries and takeaways with custom summaries that can be shared with students to reinforce learning and create personalized videos using Custom Avatars for Zoom Clips to connect with students in different languages.

With the Custom AI Companion add–on, small businesses can connect AI Companion to these 16 apps, plus tailor AI Companion skills to address their unique needs and drive efficiency across their organizations:

  • Work across platforms: Zoom is an open platform, and AI Companion can attend third–party meetings, including Microsoft Teams and Google Meet, with Cisco Webex support coming soon. AI Companion can join meetings on a user’s behalf to automatically transcribe, summarize, and deliver actionable follow–ups.
  • Save time with AI–generated clips: With Custom Avatars for Zoom Clips, users can create an avatar in their likeness, provide a transcript of the desired content, and allow AI Companion to generate a clip for them, saving time and helping them scale their efforts.
  • Customize meeting summaries with templates: Users can turn meetings into tailored, actionable summaries by selecting from 11 purpose–built templates designed to reflect the tone, structure, and focus of each meeting and match the meeting goals.
  • Expand knowledge: Admins can connect Google Drive and other external drive accounts as data sources in AI Studio while respecting existing permission controls, and crawl public URLs as a data source for knowledge collections so AI Companion can provide more relevant answers to users’ queries.

The Custom AI Companion add–on is now available for purchase online for $12 per user per month with paid Zoom Workplace plans. To learn more about how organizations can tailor AI Companion to meet their unique needs with the Custom AI Companion add–on, visit the Zoom website.

Maximize the workday with AI Companion

Zoom AI Companion continues to enhance productivity and collaboration across Zoom Workplace. These new capabilities are included at no extra charge as part of Zoom AI Companion for all paid Zoom Workplace licenses.

  • Get started faster: The new onboarding experience within the Zoom desktop app makes it easier to configure AI Companion settings, including what meetings are summarized, who summaries are shared with, and how they are shared.
  • Build better meeting agendas: Users can easily add structure to meetings by creating agendas for upcoming meetings from templates. AI Companion can also leverage previous meetings or Zoom Docs to create even more tailored agendas.
  • Get more out of calls: Users can now query AI Companion before, during, and after Zoom Phone calls to help them catch up and gain deeper insights. They can ask questions like, “What was the disagreement about?” or “Can you tell me the main points being discussed?” Users can also have AI Companion pull up information from previous conversations, prioritize missed calls, and draft follow–up messages.
  • Summarize documents in chat threads: AI Companion can summarize supported text–based documents shared in Zoom Team Chat to help quickly and efficiently digest new information without leaving the chat thread.
  • Capture notes and tasks for in–person interactions: AI Companion also supports in–person meetings with the Voice Recorder, transcribing, summarizing, and capturing action items, allowing users to focus on the conversation and revisit details and action items later.
  • Easily access meeting assets: Users can access meeting summaries, transcripts, recordings, and event details from the meeting card in the calendar event and via email. Hosts will also be able to share the assets with participants via the meeting card in Zoom Calendar (coming later this month), and participants can request access to the meeting card via the Zoom Calendar event.
  • Seamless sharing: AI Companion can be configured to automatically share meeting summaries to third–party platforms, like Microsoft Teams (coming soon) and others, to update counterparts and refresh customer records with the latest conversation highlights.

Zoom Workplace powers collaboration and productivity

Zoom Workplace continues to accelerate collaboration and help users ideate, create, and deliver effective work effortlessly on a single app.

  • Track edits and publish externally in Zoom Docs: Easily track content changes to docs, highlighting content additions, deletions, replacements, and formatting with specific styles. Users can also now publish Zoom Docs as public webpages, accessible to anyone, whether they are logged in or not.
  • Stitch, combine, and create longer clips: Merge multiple Zoom Clips into one seamless video without external apps, preview and make adjustments before finalizing edits, and preserve original content without overwriting original assets.

To learn more about Zoom Workplace, visit the Zoom website.

About Zoom
Zoom’s mission is to provide an AI–first work platform for human connection. Reimagine teamwork with Zoom Workplace — Zoom’s open collaboration platform with AI Companion that empowers teams to be more productive. Together with Zoom Workplace, Zoom’s Business Services for sales, marketing, and customer experience teams, including Zoom Contact Center, strengthen customer relationships throughout the customer lifecycle. Founded in 2011, Zoom is publicly traded (NASDAQ:ZM) and headquartered in San Jose, California. Get more information at zoom.com.

Contact:
Lacretia Nichols
[email protected]


GLOBENEWSWIRE (Distribution ID 9491491)

Bitget Integrates xStocks to Bring Wall Street to Web3 with Tokenized Stocks on Onchain

VICTORIA, Seychelles, July 09, 2025 (GLOBE NEWSWIRE) — Bitget, the leading cryptocurrency exchange and Web3 company, has introduced support for tokenized stocks via its Onchain platform, following an integration with xStocks that bridges traditional equities into the crypto ecosystem. This development enables crypto users to gain exposure to top listed MNCs through a blockchain–native interface without relying on traditional channels.

The tokenized stock offerings include a range of trending giant conglomerates such as Tesla (TSLAx), Nvidia (NVDAx), Microstrategy (MSTRx), SP500 (SPYx), Circle (CRCLx), and Apple (AAPLx). These assets, issued by xStocks, replicate the value of their real–world assets and can now be accessed and traded directly through Bitget Onchain. The integration provides a functional convergence of legacy finance with crypto infrastructure, offering enhanced accessibility to markets that have long been limited by geographic, regulatory, and operational constraints.

Bitget Onchain, launched in early 2025, is a cross between a centralized exchange user experience and decentralized asset exposure. It allows users to interact with on–chain assets directly from their Bitget spot account, removing the need for separate wallets, private key management, or external bridges. With support for ecosystems like Solana, Base, and BNB Smart Chain, Bitget Onchain enables real–time trading of hundreds of tokens, paired with intelligent analytics, gas control, and automated order types.

Through this integration with xStocks, Bitget Onchain extends its functionality beyond native crypto tokens, enabling near–continuous trading of tokenized equities with instant settlement. This removes the limitations of conventional markets, where trading hours are fixed and access may depend on location or regulatory approval. The 24/7 model adopted by xStocks allows users to trade outside of standard market windows, catering to a digitally native generation that operates beyond the boundaries of traditional financial centers.

“We’re entering a new phase of market access, one where crypto, stocks, and traditional finance don’t compete, they coexist and complement each other. At Bitget, the goal is to make this convergence seamless. With tokenized equities on Onchain, we’re giving users the ability to move between asset classes with the speed and flexibility of Web3, while still connecting to the value of traditional markets. This is how we see CeDeFi evolving: it's an easier alternative that has fewer blockades, and higher chances of adoption,” said Gracy Chen, CEO at Bitget.

Tokenized stocks offered via Bitget Onchain retain many of the same characteristics as their real–world versions, while leveraging blockchain’s decentralization. Users benefit from faster settlement times, transparent ownership tracking, and the ability to interact with tokenized equities alongside crypto assets all within a unified platform. The assets are also freely transferable, and xStocks’ framework majorly lowers transaction fees that are often present in traditional equity markets.

The integration allows users to execute trades using advanced features like limit orders, gas and slippage controls, and price alerts—tools not typically available for stock trading outside centralized brokerages. Asset data, including charts, liquidity, and ownership distribution, is presented in real time, supporting more informed decisions. Unlike traditional brokers, there are no transaction fees for buying or selling these tokenized stocks, and the assets remain freely transferable.

By bridging digital and traditional assets, Bitget Onchain eases global equity participation and as it provides for a new generation of investors seeking faster, round–the–clock access to markets. Bitget Onchain’s support for tokenized stocks creates a practical and scalable route to asset diversification for crypto users.

To access, xstocks on Bitget Onchain please visit here.

About Bitget

Established in 2018, Bitget is the world's leading cryptocurrency exchange and Web3 company. Serving over 100 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions, while offering real–time access to Bitcoin price, Ethereum price, and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a world–class multi–chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, token swap, NFT Marketplace, DApp browser, and more.

Bitget is at the forefront of driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World's Top Football League, LALIGA, in EASTERN, SEA and LATAM markets, as well as a global partner of Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team), to inspire the global community to embrace the future of cryptocurrency.

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

For media inquiries, please contact: [email protected]

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

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/4cc4655f–e49c–4900–b19e–7ee6eb462288


GLOBENEWSWIRE (Distribution ID 1001117197)

Bitget Lists Tanssi (TANSSI) for Spot Trading with 8,878,000 in Token Rewards

VICTORIA, Seychelles, July 09, 2025 (GLOBE NEWSWIRE) — Bitget, the leading cryptocurrency exchange and Web3 company, has announced the listing of Tanssi (TANSSI) on its spot trading platform. Tanssi is a decentralized infrastructure protocol. Besides being available for spot trading, Bitget will also launch an exclusive PoolX  campaign and a CandyBomb campaign.

Trading for the TANSSI/USDT pair will begin on July 9, 2025, at 11:00 (UTC), with withdrawals available starting July 10, 2025, at 12:00 (UTC). Eligible users can participate in a PoolX campaign to earn a share of 888,000 TANSSI by locking a minimum of 100 TANSSI, up to a maximum of 10,000,000 TANSSI. The campaign will run from July 9, 2025, 11:00 to July 19, 2025, 11:00 (UTC).

In addition, Bitget will launch a CandyBomb event offering a total of 7,990,000 TANSSI in rewards. The trading pool is divided into two segments: new users can trade TANSSI and SOL for a chance to win from a 5,330,000 TANSSI pool, while the general TANSSI trading pool offers 2,660,000 TANSSI for all eligible participants. The CandyBomb campaign will run from 9 July 2025, 11:00 till 16 July 2025, 11:00 (UTC).

Tanssi is transforming the way developers deploy appchains by offering a streamlined, infrastructure–free approach backed by Ethereum–level security. Designed for use cases such as real–world assets (RWAs), stablecoins, and coordination protocols, Tanssi automates the full stack, handling validator orchestration, decentralized sequencing, RPCs, indexers, and explorers right out of the box. Developers can launch quickly with a prebuilt EVM chain or tailor a substrate–based runtime, gaining deterministic performance, rapid finality, and complete control over governance, fees, and upgrade logic.

This flexible architecture enables teams to deploy sovereign chains without shared bottlenecks or external dependencies, accelerating time to market while maintaining full autonomy. With Tanssi, launching an appchain becomes as seamless as deploying a smart contract, offering both speed and scalability for today’s most ambitious Web3 applications.

Bitget continues to expand its offerings, positioning itself as a leading platform for cryptocurrency trading. The exchange has established a reputation for innovative solutions that empower users to explore crypto within a secure CeDeFi ecosystem. With an extensive selection of over 800 cryptocurrency pairs and a commitment to broadening its offerings to more than 900 trading pairs, Bitget connects users to various ecosystems, including Bitcoin, Ethereum, Solana, Base, and TON. The addition of Tanssi into Bitget’s portfolio marks a significant step toward expanding its ecosystem by embracing niche communities and fostering innovation in decentralized economies, further solidifying its role as a gateway to diverse Web3 projects and cultural movements.

For more details on Tanssi, visit here.

About Bitget

Established in 2018, Bitget is the world's leading cryptocurrency exchange and Web3 company. Serving over 120 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions, while offering real–time access to Bitcoin priceEthereum price, and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a world–class multi–chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, token swap, NFT Marketplace, DApp browser, and more.

Bitget is at the forefront of driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World's Top Football League, LALIGA, in EASTERN, SEA and LATAM markets, as well as a global partner of Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team), to inspire the global community to embrace the future of cryptocurrency.

For more information, visit: WebsiteTwitterTelegramLinkedInDiscordBitget Wallet

For media inquiries, please contact: [email protected]

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

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/f663baeb–175a–447f–aaf6–79b6eb4f8641


GLOBENEWSWIRE (Distribution ID 1001117181)

Axi launches institutional liquidity provider AxiPrime, announces strategic partnership with Your Bourse

SYDNEY, July 09, 2025 (GLOBE NEWSWIRE) — Axi, a leading force in global financial services, announced the launch of AxiPrime, its institutional and next–generation B2B liquidity provider (LP) to meet the evolving needs of professional trading firms. With a focus on multi–asset liquidity and cutting–edge technology and execution infrastructure, AxiPrime offers access to a broad range of markets including forex, metals, equities, cryptocurrencies, and commodities – all designed to empower the broker’s partners and elevate their profitability potential.

Axi also announced a strategic partnership between AxiPrime and renowned tech provider Your Bourse to support their expansion. “Our collaboration with Your Bourse reflects our shared commitment to enhancing client experience with powerful tools and technology,” says Louis Cooper, Chief Commercial Officer at Axi, before adding: “Built for scale, the infrastructure behind AxiPrime is designed for institutional–grade speed, processing up to 500,000 order events per second on a single CPU, delivering execution in just two microseconds. This ensures that we consistently meet the performance demands of high–frequency trading, algorithmic strategies, and institutional desks.

Institutional clients benefit, among others, from unified price feeds, a single API connection, and optional FIX/REST endpoints, creating a seamless gateway for multi–asset execution. Furthermore, AxiPrime offers a comprehensive product suite, transparent costs, top–tier execution and premier technical support. “Axi’s mission has always been to give our traders and partners a competitive edge – AxiPrime and our partnership with Your Bourse is a natural evolution of that goal,” says Louis. “And there’s more innovation on the way.

Further information can be found at https://yourbourse.cloud/free–account.

About Axi

Axi is a global online FX and CFD trading company, with thousands of customers in 100+ countries worldwide. Axi offers CFDs for several asset classes including Forex, Shares, Gold, Oil, Coffee, and more.

For more information or additional comments from Axi, please contact: [email protected]

The Axi program is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. In our dealings with you, we will act as a principal counterparty to all of your positions. This content is not available to AU, NZ, EU and UK residents. For more information, refer to our Terms of Service. *Standard trading fees apply.  

**Granted to the Axi Group of Companies.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/d57b26a0–a2f9–472d–a0e6–102b08758a88


GLOBENEWSWIRE (Distribution ID 1001117128)

‘Only a Handful of Environmental Organisations Still Dare Challenge Corporate Projects in Court’

By CIVICUS
Jul 9 2025 –  
CIVICUS speaks to Cristinel Buzatu, regional legal advisor for Central and Eastern Europe at Greenpeace, about how Romania’s state gas company is weaponising the courts to silence environmental opposition.

Cristinel Buzatu

On 10 June, the state-owned energy giant Romgaz filed a lawsuit seeking to dissolve Greenpeace Romania. The legal attack came after the organisation campaigned against the company’s plans to exploit a Black Sea gas field. Politicians say the project is crucial for Romania’s energy independence and its ability to export gas to Moldova, while civil society is clear that fossil fuel extraction must stop to prevent runaway climate change. Romgaz withdrew the case just hours before the first hearing, but the lawsuit exposed how fossil fuel companies are exploiting legal loopholes to silence dissent, marking a dangerous escalation in corporate attacks on climate activists.

What’s the Neptun Deep project and why is Greenpeace challenging it?

The Neptun Deep project is the largest proposed fossil gas drilling project in the European Union (EU), and we’re fighting it on multiple fronts. Operated by Romgaz Black Sea Limited Nassau SRL and OMV Petrom SA in the Romanian Black Sea, this massive drilling operation threatens biodiversity, accelerates climate change and extreme weather and locks Romania and the EU into an outdated and harmful fossil fuel system.

Our legal challenge targets the project’s environmental permit. We asked the Bucharest Tribunal to suspend it, arguing the Constanța Environmental Protection Agency had approved it in breach of environmental law. The agency’s evaluation was superficial at best, relying on outdated data on the project’s climate impacts and greenhouse gas emissions. Crucially, they ignored its impacts on biodiversity and water bodies, failed to consider risks from potential military conflicts and bypassed meaningful public consultation. Key documents such as ecotoxicity tests and archaeological diagnostic reports were kept hidden from public scrutiny.

When the court rejected our application, it hit us with a massive bill of 150,000 lei (approx. US$34,550) in legal costs to each company. They had demanded even more.

How did Romgaz turn legal costs into a weapon?

Romgaz claimed we failed to pay those costs and were therefore insolvent, which is grounds for dissolving an organisation under Romanian law. They alleged we had no assets or bank accounts and were using several legal entities to avoid responsibility. But the truth is we’ve never received a formal payment notice. When we actively requested one, none came.

Yet Romgaz pressed ahead, filing for our dissolution while launching a media smear campaign. We prepared our defence, confident the facts would vindicate us, as Romgaz’s claims were demonstrably false. But we never got our day in court. Just hours before the first hearing, Romgaz abruptly withdrew the case. Even then, it publicly reaffirmed its accusations and vowed to try again. The strategy was clear: inflict maximum reputational damage while denying us any opportunity to defend ourselves.

Is this part of a broader attack on environmental groups?

Absolutely. This case exemplifies a troubling trend targeting civil society in Romania, particularly environmental groups that dare to use the courts. The playbook is simple: companies that win cases demand excessive legal costs. When organisations can’t pay, the companies pursue their dissolution on insolvency grounds.

We’ve seen this weapon deployed repeatedly. Take Militia Spirituala, a local organisation that was dissolved at the request of a real estate developer. The same developer also tried to shut down Salvati Bucurestiul over unpaid legal fees, although the organisation survived by paying up. Now that developer is suing several organisations for damages totalling a million euros.

The chilling effect is undeniable. While we lack exact figures on litigation rates, the reality speaks for itself: only a handful of organisations still dare to challenge corporate projects in court. Most have been scared off by the legal and financial risks. This amounts to a serious restriction on access to justice, and we urgently need to find ways to reverse this trend.

How did civil society fight back against Romgaz?

The response was immediate and powerful. Civil society recognised the Romgaz case for what it was: a textbook SLAPP – a strategic litigation against public participation. Within just 24 hours, over 25,000 people signed a petition condemning the attempt to silence us.

But the attack’s roots went deeper than one company’s aggression: it was a coordinated effort made from the highest levels of government. On 20 March, the Ministry of Energy held up the Energy Transfer lawsuit in the USA against three Greenpeace organisations as a model to emulate, explicitly encouraging national energy firms to launch similar legal assaults on environmental groups that challenge their projects. The message was unmistakable: the state stands with corporations against civil society.

This provoked unprecedented unity. Over 110 civil society organisations from diverse fields signed an open letter demanding the minister’s dismissal. Yet even this solidarity wasn’t enough to stop the attacks. In May, the minister openly welcomed Romgaz’s attempt to dissolve us, repeating baseless claims about our finances and structure – the same lies peddled in court.

Still, something remarkable has happened. Many people who have never supported us before reached out, saying that while they might not always agree with our campaigns, they recognised this legal action as pure intimidation. That support gives us strength to carry on, defend civic space and resist corporate capture of our democracy.

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SEE ALSO
The price of protest: Greenpeace hit with huge penalty CIVICUS Lens 09.Apr.2025
‘Energy Transfer’s lawsuit against Greenpeace is an attempt to drain our resources and silence dissent’ CIVICUS Lens | Interview with Daniel Simons 01.Apr.2025
Europe: ‘Member states must introduce national anti-SLAPP legislation to protect public watchdogs’ CIVICUS Lens | Interview with Francesca Borg Costanzi 21.Mar.2024

 


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How Mongolia Can Expedite It’s Just Transition Plans to Include Its Nomads

Gereltuya Bayanmukh speaks about her motivations to become involved in climate activism. Credit: Leo Galduh/IPS

Gereltuya Bayanmukh speaks about her motivations to become involved in climate activism. Credit: Leo Galduh/IPS

By Aatreyee Dhar
ULAANBAATAR, Jul 9 2025 – Youth activist Gereltuya Bayanmukh still reflects on the events in her formative years that inspired her to become a climate activist. When she was a child, she would visit her grandparents in a village 20 km to the south of the border between Russia and Mongolia.

She was happy to see each of the nomadic people in their traditional gers power up their settlements using solar power.

“I remember seeing my neighbors own a solar panel and a battery to accumulate power. They were turning on lights and watching TV using solar power. Nowadays, they even have fridges,” she says.

She thought the herders made a conscious choice about their lifestyles and understood the need of the hour in the face of the looming climate crisis. That is to say, switch to renewable energy and power a safer future.

“This was the reason I became a climate activist,” she says.

No matter how unwitting her notion about her community achieving self-sufficiency with renewable energy was, the findings about what entailed this system revealed something else.

“I later learned that the solar panels were partially subsidized by the government as a part of the nationwide government to equip 100,000 nomadic households with solar energy,” she says.

What she perceived turned out to be a nationwide renewable energy scheme by the Mongolian government for the nomadic herders.

The scheme, called the National 100,000 Solar Ger [Yurt] Electricity Program, introduced in 2000, provided herders with portable photovoltaic solar home systems that complement their traditional nomadic lifestyle.

At least 30 percent of Mongolia’s population comprises nomadic herders. Before 2000, when the scheme came into effect, herders had limited or no access to modern electricity. By 2005, the government managed to equip over 30,000 herder families through funds from several donor nations.

However, the full-scale electrification effort for herders was beginning to stagnate. The 2006 midterm custom audit performance report by the Standing Committee on Environment, Food and Agriculture of the Parliament carried sobering revelations.

The scheme in its initial phase was poorly managed: there was no control over the distribution process, with some units delivered to local areas landing in the hands of non-residents violating the contract, failure to deliver the targeted number of generators, misappropriation of the program funds, and inability to repay the loans within the contractual period.

However, in the third phase–2006-2012–the program was able to expand its implementation with the support of several international donors, including the World Bank.

“At first, I thought how great that we started out with the renewable energy transition, giving access to renewable energy at a lower price. And it was even in 1999. That was when I was just four years old. I believe we were on our way to building a future like this. Like we visualized here. The future of green nomadism. However, my optimism faded when I read the midterm audit report and discovered that the program had been (just as) poorly managed as the first part. It was only with the assistance of the international partners that the program finished well,” says Gereltuya.

Gereltuya is the co-founder and board director of her NGO, Green Dot Climate, which focuses on empowering youth as climate activists and raising awareness and practical skills for climate action.

One of the mottoes of her NGO is to change the youth’s and Mongolian people’s attitudes and practices around climate change issues as well as solutions.

In the past year, the NGO has been successful in reaching over half a million Mongolians, including nomads, helping them become more environmentally conscious and empowering the youth to be climate activists—makers and doers themselves.

“In the past year, we have reached over half a million Mongolians. Our Green Dot youth community has logged more than 100,000 individual climate actions, saving over 700,000 kg of CO₂, 25 liters of water, and 80,000 kilowatt-hours of energy. Next, we will aim for a million collective actions, a stronger community and a minimum of 50 collaborative climate projects in Mongolia,” Gereltuya said during her delegate speech at the One Young World Summit, a global event that brings in young leaders from around the world to discuss global issues, in 2023.

The state of Mongolia’s nomads in the current energy system

Mongolia as a country heavily relies on coal for energy production, which contributes to 90 percent of its energy production. Coming to just transition, the government aims for a 30 percent renewable energy share by 2030 of its installed capacity, as enshrined in the State Policy on Energy 2015-2030. Mongolia is also committed to reducing its greenhouse gas emissions by 22.7 percent by 2030 while the energy sector accounts for 44.78 percent of the total emissions as of 2020 according to Mongolia’s Second Biennial Update Report.

Gereltuya’s NGO, Green Dot Climate, has been mapping Mongolia’s energy systems for the past few years now. As of 2024, Mongolia’s electricity sector relies on CHP [combined heat and power] plants and imports from Russia and China to meet its electricity demands.

Only 7 percent of its total installed energy comes from renewable sources, with the Central Energy System accounting for over 80 percent of the total electricity demand. “We found that about 200,000 households remain unaccounted for in the centralized energy grid calculations. These are likely the same nomadic families or their later generations who likely adopted their first solar systems at least two decades ago,” she explains.

Gereltuya says that her organisation meticulously compared the recent household data cited by the Energy Regulatory Commission of Mongolia to that of the total  number of households as per the Mongolian Statistical Information Service to find the numbers that went missing

Mongolia’s backslide into fossil-fuel economy

Although Mongolia has promised to increase its renewable energy share to 30 percent by 2030, it is still far behind in the race to achieve its target.

In the 2020 Nationally Determined Contribution [NDC] submission to the United Nations Framework Convention on Climate Change [UNFCCC], Mongolia set its mitigation target to “a 22.7% reduction in total national greenhouse gas (GHG) emissions by 2030,” which can increase to a 27.2 percent reduction if conditional mitigation measures such as the carbon capture and storage and waste-to-energy technology are implemented. Further, if “actions and measures to remove GHG emissions by forest are determined”, the total mitigation target would rise to 44.9 percent by 2030.

“Instead of focusing on decarbonizing its coal-based economy, Mongolia shifted to focus on carbon-sink and sequestration processes to reduce its emissions. This suggests that despite our many promises, policies and past efforts to mainstream renewables, we may still end up with business as usual. A case of bad governance, stagnation and vicious cycles,” she says.

Recommendations for Mongolia’s energy sector

Gereltuya’s NGO has been actively engaged in the survey ‘Earth Month 2025’ that is aimed at collecting specific recommendations from the youth voices in the country for the NDC 3.0 that the government is expected to submit in COP30. She shares a few recommendations that she believes can help improve the country’s energy systems.

On the demand side, households not connected to the grid should update and improve their solar home systems, especially now that the solutions are much cheaper and more efficient.

According to the 2024 World Bank ‘Mongolia Country Climate and Development Report,’ the average residential tariff for electricity in Mongolia was estimated to be 40 percent below cost recovery, and subsidies were worth 3.5 percent of GDP in 2022. The lack of cost recovery created hurdles in efforts to enhance energy efficiency and investment in renewable energy. In the context, those connected to the grid should pay more for their energy use to reflect the real cost of energy production and support renewable energy feed-in tariffs. There should be responsible voting of citizens demanding better policies and implementations and not trading in policies for short-term gains.

On the supply side, there is a need to stop new fossil fuel projects immediately: there are at least six such projects, including one international project under Mongolia’s current Energy Revival Policy, underway.

Secondly, Mongolia’s electricity infrastructure needs significant improvement. As the UNDP recently highlighted, Mongolia’s infrastructure is aging, inefficient and heavily subsidized.

Thirdly, fully utilize installed energy capacity, which is at only 30 percent, largely owing to the infrastructure inefficiency.

Fourth is to increase the overall renewable energy capacity five times to meet demand, which means 15 times the energy made in full demand. And phase out coal-based power, replacing it with fully renewable energy.

IPS UN Bureau Report

 


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Genocide Made Invisible

UN staff and medical workers evacuating patients from a hospital in northern Gaza in late May 2025. Credit: WHO

By Norman Solomon
SAN FRANCISCO, USA, Jul 9 2025 – Whatever the outcomes of Benjamin Netanyahu’s visit to the White House on Monday and the latest scenario for a ceasefire in Gaza, a bilateral policy of genocide has united the Israeli and U.S. governments in a pact of literally breath-taking cruelty.

That pact and its horrific consequences for Palestinian people either continue to shock Americans or gradually normalize indifference toward ongoing atrocities on a massive scale.

Recent news reporting that President Trump has pushed for a ceasefire in Gaza is an echo of a familiar refrain about peace-seeking efforts from the Biden and Trump administrations. The spin remained in sync with the killing – not only with American bombs and bullets but also with Israel’s refusal to allow more than a pittance of food and other essentials into Gaza.

Last year began with a United Nations statement that “Gazans now make up 80 per cent of all people facing famine or catastrophic hunger worldwide, marking an unparalleled humanitarian crisis in the Gaza Strip amid Israel’s continued bombardment and siege.” The UN quoted experts who said: “Currently every single person in Gaza is hungry, a quarter of the population are starving and struggling to find food and drinkable water, and famine is imminent.”

In late February 2024, President Biden talked to journalists about prospects for a “ceasefire” (which did not take place) while holding a vanilla ice cream cone. “My national security adviser tells me that we’re close, we’re close, we’re not done yet,” Biden said, before sauntering off. He spoke during a photo op at an ice cream parlor in Manhattan, while the UN was sounding an alarm that “very little humanitarian aid has entered besieged Gaza this month.”

During the 16 months since then, variants of facile verbiage from top U.S. government officials have repeated endlessly, while normalizing genocide with a steep race to the ethical bottom, so that – in Orwellian terms, much like “war is peace, freedom is slavery, ignorance is strength” – genocide is not genocide.

Refusal to acknowledge the complicity and impunity is most of all maintained by avoidance and silence. The process makes a terrible truth inadmissible rather than admittable.

All the doublethink and newspeak must detour around the reality that the U.S.-supported Israeli siege of Gaza is genocide, which the international Genocide Convention defines as “acts committed with intent to destroy, in whole or in part, a national, ethnical, racial or religious group” – with such actions as “deliberately inflicting on the group conditions of life calculated to bring about its physical destruction in whole or in part.”

Israel’s actions in Gaza clearly meet that definition, as Amnesty International and Human Rights Watch have unequivocally concluded with exhaustive reports. But under the cloaks of the Israeli and American flags, the official stories insist that the unconscionable should be invisible.

Liberal Zionist groups in the United States are part of the process. Here’s what I wrote in an article for The Nation early this year after examining public statements by the “pro-Israel, pro-peace” group J Street:

“Routinely, while calling for the release of the Israeli hostages, the organization also expressed concern about the deaths and suffering of Palestinian civilians in Gaza. But none of J Street’s 132 news releases between October 7 and the start of the [temporary] ceasefire in late January 2025 called for an end to shipments of the U.S. bombs and weapons that were killing those civilians while enforcing Israel’s policy of using starvation as a weapon of war – a glaring omission for a group that declares itself to be ‘pro-peace.’

It was as if J Street thought that vague humanistic pleas could paper over these gaping cracks in its stance.

“However, J Street felt comfortable taking a firm line on the question of whether Israel was committing genocide in Gaza. Here, it aligned itself completely with the position of the U.S. and Israeli governments. In mid-January 2024, when oral arguments ended at the International Court of Justice in the case brought by South Africa that charged the Israeli government with violating the Genocide Convention in Gaza, a news release declared that ‘J Street rejects the allegation of genocide against the State of Israel.’

Four months later, on May 24, J Street responded quickly when the ICJ ordered Israel to ‘immediately halt its military offensive’ in Rafah. ‘J Street continues to reject the allegation of genocide in this case,’ a news release said.”

Likewise, with rare exceptions, U.S. news media and members of Congress dodge the reality of genocide against Palestinians in Gaza.

Meanwhile, the events in Gaza and the evasions in the United States have been enormously instructive, shattering illusions along the way. Many Americans, especially young people, know much more about their country and its government than they did just two years ago.

What has come to light includes mass murder of certain other human beings as de facto policy and functional ideology.

Norman Solomon is the national director of RootsAction and executive director of the Institute for Public Accuracy. The paperback edition of his latest book, War Made Invisible: How America Hides the Human Toll of Its Military Machine, includes an afterword about the Gaza war.

IPS UN Bureau

 


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Linyi products cultivate foundations for China-Africa trade hub in Angola

LINYI, China, July 09, 2025 (GLOBE NEWSWIRE) — From July 4 to 6, the Linyi Trade City (Angola) High–Quality Products Fair 2025 took center stage at the Angola International Real Estate Trade Fair (FINI 2025).

This marked another large–scale appearance of Linyi, a renowned Chinese manufacturing hub, in Africa. The fair attracted over 400 domestic and international companies, creating a comprehensive ecosystem of industries along various supply chains. Over 200 Linyi enterprises showcased more than 1,000 high–quality products, including building materials and hardware, highlighting the city's manufacturing prowess.

Delegations from Angola, Portugal, the Democratic Republic of Congo, Zambia, and other countries visited the event. This high level of participation underscores the growing demand for Linyi's products in Africa.

Linyi's participation was a significant milestone for the city's export sector. The enterprises not only exhibited their products but also set up overseas warehouses in Angola to make it easier for African customers to purchase goods. This move is expected to streamline supply chains and reduce procurement costs for local buyers.

Three key strategic outcomes emerged from the fair. First, it addressed the pain points of cross–border procurement and reshaped the African procurement model. Second, it enabled Angolan buyers to connect directly with the overseas warehouse system, eliminating the need for transnational travel. Third, it ensured source price transparency, synchronizing the quality and pricing of Linyi's products with clear price differences.

Chinese Ambassador to Angola Zhang Bin emphasized that China is Angola's steadfast economic partner. He highlighted the importance of the fair in deepening Sino–Angolan economic and trade cooperation.

“In the future, the Chinese side will continue to support Angola's economic diversification and industrialization and work to build a more resilient bilateral cooperation system. The Chinese Embassy in Angola will continue to create a more favorable environment for enterprise cooperation,” said Zhang.

Carlos Alberto Gregorio dos Santos, Angola's minister of public works, urban planning and housing, highly appraised the fair's role in promoting Angola's industry, real estate, and trade development.

Held against the backdrop of an accelerating adjustment in the global trade environment, where traditional models are in urgent need of breakthroughs, the fair is an exploration in line with this trend. By building an efficient docking platform, it not only injects practical value into the Angolan market but also paves new ways for China–Africa economic and trade cooperation.


GLOBENEWSWIRE (Distribution ID 9491485)