Category: Finance News Network

  • Profit Princess Publishes Trading Education Case Study Focused on Risk Management

    Belarus, 8th Aug 2026 – The case study describes how a participant applied trading education, predefined risk limits, and disciplined decision-making while supporting his family during a period of financial difficulty.

    GRODNO, BELARUS – July 14, 2026 – Profit Princess has published a participant case study examining the role of financial education, capital management, and emotional discipline in trading.

    The case study follows Mikhail, a 23-year-old resident of Grodno, Belarus, who began studying financial markets while his family was experiencing significant financial pressure. According to Mikhail, accumulated loan interest and overdue payments had placed the family at risk of further collection procedures.

    Although Mikhail was employed and contributed to household expenses, his regular income was not sufficient to address the outstanding obligations within a limited period. During this time, he began researching financial market education and discovered content published by Lisa, a trader and analyst associated with the Profit Princess community.

    The educational materials focused on market fundamentals, trading discipline, capital preservation, risk control, and common mistakes made by inexperienced market participants. The content did not present trading as a guaranteed or immediate source of income.

    After reviewing the available materials, Mikhail enrolled in the Traderclass by Liza educational program. The program is designed to introduce participants to trading principles, including market analysis, position sizing, loss limits, capital management, and the psychological factors that may affect decision-making.

    Education Before Market Participation

    Before allocating personal funds, Mikhail completed the educational program and observed trading sessions conducted through the Profit Princess community.

    His initial trading capital was USD 1,000, which he had accumulated before joining the program. According to the case study, Mikhail established several rules before beginning to trade. These included limiting the amount of capital used in individual positions, defining potential losses in advance, recording trading results, and stopping activity after reaching a predetermined daily loss limit.

    The case study states that Mikhail experienced both profitable and unprofitable trades during the initial period. Rather than increasing position sizes after losses, he reviewed his decisions and continued studying the educational materials.

    Mikhail also participated in community trading sessions where market situations and completed trades were analyzed. The purpose of these sessions was to help participants understand the reasoning behind trading decisions rather than encourage the automatic replication of individual positions.

    According to Mikhail, maintaining discipline was particularly difficult because of the financial pressure affecting his family.

    “When a family is dealing with debt, there is a strong temptation to make decisions quickly and take additional risks. The main principle emphasized during the training was to protect capital before focusing on potential profit,” Mikhail said.

    Application of Predefined Risk Limits

    During the four-week period described in the case study, Mikhail continued working at his regular job and traded during his available time.

    Before each trading session, he established a maximum acceptable risk and a loss level at which he would stop trading. He also maintained records of his entries, exits, results, and reasons for making each decision.

    The case study reports that this process helped Mikhail reduce impulsive decisions and identify recurring mistakes. It also allowed him to evaluate his activity based on adherence to a system rather than the result of a single trade.

    Profit Princess emphasizes that risk management cannot eliminate the possibility of financial loss. Trading performance may be affected by market volatility, execution conditions, participant experience, emotional decisions, and other factors.

    Reported Result After Four Weeks

    According to account information provided for the case study, Mikhail’s trading balance increased from USD 1,000 to USD 5,500 over four weeks. The reported difference of USD 4,500 represented trading profit before considering any personal tax obligations that may apply.

    Mikhail subsequently withdrew USD 3,500 and transferred the funds to his parents. The remaining trading balance was USD 2,000, consisting of his original capital and USD 1,000 in reported profit.

    According to the participant, the withdrawn funds allowed the family to reduce its overdue balance and continue discussions regarding a revised repayment schedule. The payment did not eliminate all of the family’s financial obligations, but it provided additional time to address the remaining balance.

    “The result was important because it gave the family an opportunity to stabilize the situation. It did not remove the need for continued work, careful budgeting, and further payments,” Mikhail said.

    Focus on Process Rather Than Individual Returns

    Profit Princess states that the case study is being published to demonstrate the importance of preparation, predefined limits, and emotional control. The company does not present Mikhail’s reported performance as typical or reproducible.

    Lisa noted that individual financial results should not be separated from the time spent studying, reviewing mistakes, documenting decisions, and avoiding trades that did not meet established criteria.

    “The final account balance is only one part of the case study. The more relevant element is the participant’s ability to follow predefined rules despite significant emotional pressure. Trading education should focus on responsible decision-making and risk awareness, not on promises of rapid income,” Lisa said.

    Mikhail continues to work at his regular job and participate in financial market education. According to the case study, he does not currently plan to increase his trading volume substantially and remains focused on maintaining defined risk limits.

    He also does not describe himself as a professional trader. His stated priorities are continuing his education, supporting his family, and avoiding decisions based on urgency or emotion.

    Risk Disclosure

    Trading in financial markets involves a substantial risk of loss and may not be suitable for every person. Participants may lose some or all of the capital allocated to trading.

    The performance described in this case study represents the reported experience of one participant during a specific period. It should not be interpreted as a guarantee, forecast, investment recommendation, financial advice, or indication of future results.

    Market conditions and individual outcomes vary. Anyone considering participation in financial markets should independently assess the risks, review applicable legal and tax requirements, and seek advice from a qualified financial professional where appropriate.

    Media Contact

    Organization: Profit Princess

    Contact Person: Victoria Hayes

    Website: https://t.me/+DwU5IXGj6ONmZTEy

    Email: Send Email

    Country:Belarus

    Release id:47985

    The post Profit Princess Publishes Trading Education Case Study Focused on Risk Management appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section

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  • CapitalXtend Launches New Brand Identity and Enhanced Digital Experience

    Quatre Bornes, Mauritius, August 08, 2026, ZEX PR WIRE — CapitalXtend has announced the launch of its refreshed identity and redesigned website, marking an important milestone in the company’s continued evolution. The update reflects CapitalXtend’s commitment to creating a more modern, accessible, and client-focused trading experience while strengthening the foundation for its next phase of growth.

    This represents more than a visual update. It reflects CapitalXtend’s ongoing investment in improving how traders engage with the company across every touchpoint. Alongside the new identity, the redesigned website introduces a cleaner interface, improved navigation, and a more intuitive structure, making it easier for both new and existing clients to explore the company’s products, platforms, and trading services.

    The enhanced digital experience enables traders to access account information, compare trading solutions, explore platform features, and navigate market opportunities with greater ease. Every improvement has been designed to simplify the user journey while maintaining the professional standards, reliability, and performance for which CapitalXtend is known.

    This milestone also reinforces CapitalXtend’s broader commitment to innovation and continuous improvement. By refining its digital experience and strengthening the way traders interact with the brand, CapitalXtend continues to invest in making its services more accessible, intuitive, and user-focused. As part of its offering, traders continue to benefit from solutions such as CFD Shares, Holders Account, Return on Equity, and Unlimited Leverage.

    Existing clients will experience a seamless transition, with no changes to account credentials, funds, or account types. The updated platform allows traders to continue operating without interruption while benefiting from a more refined digital environment.

    Speaking on the milestone, Dr. Farrukh Adeeb, Group CEO & Chairman of XGroup, said:

    “This is an important milestone for CapitalXtend. Our refreshed identity reflects how the company has evolved and where we are heading next. Beyond a new look, this launch represents our continued investment in delivering a better experience for our clients, making it simpler to access our services, navigate our platform, and trade with confidence as we continue to grow.”

    The website is now live, representing another step in the company’s journey to deliver a trusted, innovative, and client-centric trading experience for its global community.

     

    About CapitalXtend

    CapitalXtend is a global multi-asset broker committed to delivering a secure, transparent, and technology-driven trading experience. Offering access to a wide range of financial markets through advanced trading platforms, the company continues to focus on innovation, client-centric service, and empowering traders with reliable trading solutions.

  • Grepix Infotech Highlights White Label Apps as a Smart Business Model for On-Demand Entrepreneurs

    Grepix Infotech shares industry insights on how enterprise-grade white label technology is helping entrepreneurs launch faster, reduce technology costs, and compete in the growing on-demand economy.

    Noida, Uttar Pradesh, India, 8th Aug 2026 — Grepix Infotech Pvt Ltd, a globally recognised on demand technology company powering app businesses across 30+ countries, today published its industry perspective on the question every technology entrepreneur eventually faces: do you build your own platform from scratch, or do you launch faster and smarter using a proven white label solution?

    For entrepreneurs targeting the on demand economy in 2026 — one of the fastest-growing and most competitive commercial landscapes in the world — the answer has never been clearer.

     

    A $600 Billion Market With No Room for Slow Movers

    A $600 Billion Market With No Room for Slow Movers

    The global on-demand economy is now valued at over USD 600 billion and growing at a compound annual growth rate of over 18 percent. From ride-hailing giants like Uber, Bolt, and Didi to food delivery leaders like DoorDash, Glovo, and Jumia Food, the playbook has been written. Consumers in every market — from São Paulo to Kuala Lumpur, Karachi to Cairo, and Manila to Mexico City — have already formed on-demand habits. They expect instant service, real-time tracking, and seamless digital payments as a baseline — not a luxury.

    The opportunity for regional entrepreneurs is enormous. The platforms dominating global headlines are not winning in every city, every town, or every emerging market corridor. There are thousands of underserved markets across Asia, Africa, Latin America, Eastern Europe, and the Middle East where a fast-moving, locally operated on-demand business can capture significant market share — if it gets there fast enough.

    That is exactly where white label technology changes the game entirely.

     

    Why Most On-Demand Startups Never Make It to Launch

    Why Most On Demand Startups Never Make It to Launch

    Across hundreds of client engagements spanning markets from Dhaka to Dubai, Bogotá to Bangkok, and Accra to Auckland, Grepix has observed a consistent and sobering pattern: the most common reason on-demand startups fail is not a flawed business model or insufficient funding. It is the time, cost, and complexity of building the technology itself.

    Building a competitive ride-hailing platform — with a passenger app, driver app, admin panel, real-time GPS dispatch, dynamic surge pricing, and multi-gateway payment integration — requires a minimum development timeline of 10 to 14 months and a budget typically ranging between USD 40,000 and USD 100,000, depending on team quality and feature scope. That figure excludes ongoing maintenance, server infrastructure, security updates, and the continuous feature development required to stay competitive in a rapidly evolving market.

    By the time a custom-built app launches, a competitor running on a proven white label platform has already acquired drivers, signed up restaurants, onboarded service providers, and locked in early customer loyalty.

    “We have seen brilliant entrepreneurs with the right market insight, the right capital, and the right team — completely derailed by a development cycle that consumed 18 months and twice their planned budget. By launch day, someone else already owned the market,” said a spokesperson for Grepix Infotech. “The technology timeline does not just slow a business down. It can kill it entirely.”

     

    What Modern White Label Actually Delivers

    The white label model of 2026 bears no resemblance to the generic, off-the-shelf software of a decade ago. Today’s enterprise-grade white label platforms like those built by Grepix offer full source code ownership, complete brand identity customisation, region-specific feature configuration, dedicated technical onboarding, and continuous product updates informed by real-world deployments across diverse global markets.

    Entrepreneurs who choose white label do not receive a template. They receive a battle-tested, commercially proven technology foundation that has already processed millions of transactions, resolved thousands of edge cases, and been refined across deployments in markets as diverse as Saudi Arabia, Brazil, Vietnam, Ghana, Turkey, and Colombia.

    A white label deployment through Grepix can be live in under two weeks at a fraction of the cost of custom development with zero compromise on quality, scalability, or brand identity.

     

    Speed to Market is the Real Competitive Moat

    Speed to Market is the Real Competitive Moat

    In the on-demand economy, first-mover advantage is not a cliché. It is a commercial reality.

    The platform that signs up drivers first, the aggregator that onboards restaurants before anyone else, and the logistics operator that locks in enterprise clients early — these businesses build supply and demand flywheels that are expensive and time-consuming for any competitor to replicate. Just as Bolt disrupted Uber across multiple markets by moving fast and operating with local agility, and just as Grab built a dominant super app position across Southeast Asia by prioritising speed of market penetration over perfection of technology, regional entrepreneurs can carve out dominant positions in their own cities and countries — if they launch before the window closes.

    White label eliminates the development delay entirely. Rather than spending a year building, entrepreneurs can redirect every dollar and every hour into driver acquisition, restaurant partnerships, hyperlocal marketing, and customer experience — the activities that actually determine whether an on-demand business survives and scales.

     

    Five Verticals Where White Label Delivers the Strongest ROI

    Five Verticals Where White Label Delivers the Strongest ROI

    Ride Hailing and Taxi — Where Uber, Bolt, and Careem dominate at a global scale, hundreds of city-level and country-level markets across Indonesia, Morocco, Kazakhstan, Peru, and Senegal remain open to locally operated alternatives. Grepix’s HireMe taxi app platform gives entrepreneurs a fully branded, Uber-class ride-hailing business with intelligent dispatch, surge pricing, and real-time GPS tracking — deployable in days, not months.

    Food Delivery — As Glovo, Jumia Food, Talabat, and DoorDash expand across markets from Istanbul to Lagos and from Riyadh to Ho Chi Minh City, the demand for locally owned and zero commission alternatives is accelerating rapidly. Grepix’s MasalaDish food delivery platform lets entrepreneurs launch a fully independent food delivery business — retaining complete control of margins, customer data, and vendor relationships in a way the large aggregators will never offer.

    Roadside Assistance — A high renewal, high retention vertical with strong demand from insurance companies, automobile manufacturers, and fleet operators across markets including the UAE, South Africa, Malaysia, Argentina, and Egypt. Grepix’s InstaResQ Roadside Assistance platform connects stranded drivers to the nearest verified service provider in minutes — white labeled and fully brandable for any insurer, OEM, or fleet operator entering this space.

    Logistics and Freight — As platforms like Porter, Kobo360, Lalamove, and Trukker have demonstrated across India, Nigeria, Hong Kong, and the UAE, digitising freight logistics is a multi-billion-dollar opportunity in every emerging and developing market on the planet. Grepix’s GTA Logistics platform gives logistics entrepreneurs a complete digital freight operation — booking, real-time fleet tracking, route optimisation, proof of delivery, and automated billing — without a single line of custom code, ready to compete from day one.

    Home and Hyperlocal Services — In markets where Urban Company, TaskRabbit, Helpling, and Handyman have proven the hyperlocal services model across India, the United States, Germany, and the United Kingdom, the opportunity for locally operated equivalents across Thailand, Nigeria, Chile, Jordan, and the Philippines remains wide open and largely uncontested. Grepix’s On Demand Services platform enables entrepreneurs to launch a fully configured hyperlocal marketplace across any home service category — cleaning, beauty, appliance repair, healthcare — in virtually any city, in virtually any market, within days.

     

    White Label Is Not a Shortcut — It Is a Growth Strategy

    The most successful franchise and platform businesses in the world — from global fast food networks to logistics giants — do not build proprietary technology stacks from the ground up. They adopt proven operational systems, focus investment on local execution, and compete on customer relationships and market knowledge.

    White label on-demand technology follows exactly the same principle. The entrepreneurs winning in the on-demand space in 2026 are not the best developers. They are the best operators — and white label gives them the technology infrastructure to operate at full commercial scale from week one, in any city, in any country, with any brand name they choose.

    For any entrepreneur evaluating entry into the on-demand economy, the question is no longer whether white label is credible or capable enough. The question is whether they can afford the capital burn, the time delay, and the competitive risk of not using it.

    white label advantage

     

    About Grepix Infotech Pvt Ltd

    Grepix Infotech Pvt Ltd is a New Delhi-based technology company and the developer behind HireMe, MasalaDish, InstaResQ, GTA Logistics, and the Grepix On Demand Services Platform. With 500+ clients across 30+ countries and over a decade of product development experience, Grepix is the white label technology partner of choice for entrepreneurs and enterprises building on-demand businesses across Africa, the Middle East, South Asia, Southeast Asia, and Latin America.

    Media Contact

    Organization: Grepix Infotech Pvt. Ltd.

    Contact Person: Vinay Jain

    Website: https://www.grepixit.com

    Email: Send Email

    Contact Number: +918860213347

    Address:Logix Technova A 328, Noida-Greater Noida Expy, Block B, Sector 132, Noida, India – 201304

    City: Noida

    State: Uttar Pradesh

    Country:India

    Release id:47948

    The post Grepix Infotech Highlights White Label Apps as a Smart Business Model for On-Demand Entrepreneurs appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section

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  • AI Expert Amol Walvekar Builds First-Ever RAG-Powered, Custom AI for Finance Processes

    Anchor, from Adra Technologies, builds the first retrieval-augmented generation to the finance back office built by a product leader who shipped enterprise-grade AI at JP Morgan, WePay, Lead, Bolt, and Insight Data Science.

    San Francisco, CA, August 7th, 2026— Amol Walvekar, an AI expert who has spent his career building enterprise-grade machine learning systems, today announced the launch of Anchor’s industry first RAG for finance teams, and custom agents built specifically for finance processes. Anchor by Adra Technologies Inc. enables finance teams to build, operate, and scale AI agents for complex back-office work directly within their ERP, CRM, and data warehouse.

    Understanding RAG, Its Enterprise Value, and Proven ROI

    Retrieval-Augmented Generation (RAG) is an architectural framework that enhances the functionality of Large Language Models (LLMs) by integrating external data retrieval mechanisms. Rather than relying solely on static training data or forcing models to guess. The core business value of RAG lies in its ability to deliver secure, highly accurate, and audit-ready outputs across complex structured and unstructured corporate data.

    By grounding LLM responses in an organization’s internal datasets—such as contracts, policies, and systems records—RAG dramatically reduces hallucinations, eliminates the risks of stale static knowledge, and maintains strict enterprise-grade compliance without the high expenses of continuous model retraining.

    Leading industry implementations and technical benchmarks highlight the significant operational ROI of optimized RAG systems:

    • Error Reduction: Advanced semantic filtering has demonstrated the ability to reduce incorrect or partially correct RAG outputs by up to 80% while boosting baseline retrieval accuracy by over 20 percentage points.
    • Frontier Accuracy: In standardized end-to-end evaluations like the RAG-QA Arena, optimized systems utilizing fully integrated architectures consistently outperform general frontier models.
    • Efficiency Gains: Deep-dive development platforms focused on enterprise AI evaluation loops have successfully accelerated engineering cycles, delivering up to a 10x improvement in model prototyping, validation, and production deployment speeds.

    Walvekar’s expertise was forged inside some of the most demanding enterprise AI environments in financial services. At WePay, through its acquisition by JP Morgan, he built enterprise-grade ML for risk and payments systems where a model’s decisions carry real financial consequences and must hold up at bank-level standards of accuracy, auditability, and scale. He continued that work across Lead and Bolt, applying machine learning to payments infrastructure where reliability is non-negotiable. As an AI Fellow at Insight, he built and shipped an abstractive text summarization platform for knowledge workers — early, hands-on work in the language-model techniques that now power Anchor.

    “Finance processes have resisted automation because generic AI doesn’t know your chart of accounts, your contracts, your ERP, or your policies,” said Walvekar. “Anchor is different by design: it’s retrieval-augmented and custom to each finance team, grounded in their own systems and documents. That’s how you get the accuracy and reliability of a trained analyst. The model isn’t guessing, it’s retrieving and reasoning over the customer’s actual financial data.”

    RAG, purpose-built for the finance back office

    Anchor’s retrieval-augmented architecture connects directly to the systems where finance work lives including NetSuite, Salesforce, Workday, Microsoft Dynamics, Sage, Snowflake, and more than a dozen other platforms and grounds every agent in the customer’s own data, documents, and processes. Finance teams create custom agents in natural language, with no developer effort, to automate work arising from reconciliations, budget management, sales and marketing spend, commissions, and revenue compliance. The platform is SOC 2 Type II compliant, meeting the highest requirements for data protection and privacy.

    The result is AI that behaves the way enterprise AI has to behave: precise, explainable, and dependable at production scale now applied to the finance back office.

    Beyond building Adra, Walvekar is an active angel investor and writes on enterprise AI adoption, agentic architectures, and market structure. He holds a graduate degree from Boston University.

    About Amol 

    Amol is the Cofounder of Adra Technologies Inc. is the company behind Anchor, the first RAG-powered, custom AI platform for finance processes. The company is headquartered in San Francisco. Learn more at www.getadra.com.

    Media Contact: founders@getadra.com

  • Movement, El Vecino and RISE Partner to Launch First Digital Dollar Wallet for Mexican Remittances

    Palo Alto, California, August 7th, 2026, Chainwire

    Launch allows Mexican families to send money home from the U.S. instantly via WhatsApp across the largest remittance corridor in the world without requiring a bank account or app download  

    Global, on-chain payments network Movement has announced a partnership with New Jersey-based Mexico remittance expert El Vecino and on-chain wallet provider RISE to power a digital-dollar service that lets customers hold their own money and send it home in seconds through WhatsApp.

    Leveraging El Vecino’s 19 years of experience in US-to-Mexico physical remittances, RISE’s wallet capabilities and LATAM network, and Movement’s access to regulated, sub-second payment rails, the partnership enables stablecoin-settled transfers to be sent to Mexico almost instantly, giving customers a simple way to initiate transfers without opening a bank account or downloading an app.

    Rather than having to visit a physical location to initiate every cash transfer, El Vecino customers can now begin the process through the familiar WhatsApp messenger. Funds settle in seconds before recipients cash out through Mexico’s extensive OXXO and Circle K retail networks, or receive funds directly via the country’s SPEI banking system. 

    Currently, El Vecino processes approx 25,000 transactions per month valued at $70 million annually through remittances, international and domestic bill payments, check cashing, and more – with 85% of transactions heading to Mexico.

    The new WhatsApp service will first be trialled among El Vecino’s 20,000 users before being rolled out through RISE’s network to an estimated 800,000 in the second phase. This and future phases will look beyond Mexico to LATAM regions including Guatemala and El Salvador.

    Founder of RISE Richard Mas will be appearing live from the New York Stock Exchange on Pulso Del Mercado, one of the region’s most influential news segments, to speak about the partnership on Tuesday, August 11, at 11:30 am EST. 

    The launch meets the growing demand for accessible cross-border payment solutions across the U.S.- Mexico corridor, which forms the world’s largest remittance route, through which over $62 billion passed in 2024. [Source].

    The ability to send money home through a trusted local provider is a financial lifeline for Mexican migrant families, with the Movement-engineered solution streamlining a process that has traditionally entailed cash handling and multi-day settlement times.

    Torab Torabi, CEO of on-chain global payments network Movement, says: “For too long, Mexicans have often struggled to send hard-earned money back home. Partnering with El Vecino and RISE will address this imbalance while proving the versatility and reliability of stablecoins as a settlement mechanism. In doing so, we’re also proud to be demonstrating that regulated blockchain infrastructure can modernize one of the world’s busiest remittance corridors.”

    Mike Burns, founder of El Vecino added: “El Vecino has been built on the trust brought by face-to-face interaction. Families rely on us because they know we’ll help them support their loved ones back home. The partnership with RISE and Movement allows us to bring that built trust to a remote digital vehicle that provides the same safeguards and surety that money sent will reach home. Technology should make life easier, and that’s exactly what this collaboration achieves.”

    Richard Mas, founder of RISE says: “Every year, tens of billions of dollars cross from the United States into Mexico, most of it earned far from home by people the banking system overlooked. El Vecino spent 19 years earning trust at the counter, one household at a time, and we are proud to join Movement in giving those customers access to new, safe and compliant digital solutions.”

    Powered by Movement’s access to licensed payment infrastructure, El Vecino’s new WhatsApp service replaces the traditional chain of correspondent banks with blockchain-based settlement while maintaining full regulatory compliance. This model removes the need for pre-funded liquidity and reduces settlement from days to seconds without the hidden costs often associated with legacy cross-border payment rails.

    Movement’s globally licensed payment infrastructure, which spans the United States, Canada, and Europe, will provide El Vecino with compliant fiat on- and off-ramps that have historically been difficult for community remittance providers to access.

    The collaboration between Movement, El Vecino and RISE demonstrates how established community operators can adopt institutional-grade blockchain payment infrastructure without the complexity of self-development and management. Combining El Vecino’s local relationships with Movement’s access to a regulated settlement network has yielded a model that could potentially be replicated by remittance providers serving immigrant communities worldwide.

    About Movement

    Movement provides access to globally licensed and regulated blockchain payment infrastructure that enables businesses to move money across borders using compliant stablecoin settlement rails. Its payment network offers licensed access across the United States, Canada, and Europe, helping financial institutions and payment providers deliver fast, low-cost international transfers without relying on traditional correspondent banking networks. https://www.movementnetwork.xyz/

    About El Vecino

    El Vecino is a trusted community financial services provider serving Mexican communities across New Jersey. Processing more than $70 million in annual remittance volume for over 20,000 customers, the company offers money transfer and financial services designed to help families maintain strong economic connections across the U.S.-Mexico border. Learn more at https://www.linkedin.com/company/el-vecino-franquicias/ 

    About RISE

    RISE is a self-custody digital dollar wallet that lets customers hold and transfer USD-backed digital dollars while keeping direct control of their own funds. Offering an alternative to slow, high-cost, and often inaccessible banking rails, RISE customers can open a dollar account inside WhatsApp, hold their balance in USD-backed digital dollars that resist local inflation, and send money across borders in seconds for a flat fee. Learn more at https://risefinance.xyz.

    Press Contact: 

    Rebecca Jones

    rebecca.jones@moveindustries.xyz

    Contact

    Head of Communications
    Rebecca Jones
    Move Industries
    rebecca.jones@moveindustries.xyz

  • Carbon Launches TradFi-Native On-Chain Derivatives Venue With 950+ Markets in One Account

    Road Town, British Virgin Islands, August 7th, 2026, Chainwire

    250+ TradFi markets join Carbon’s 530+ crypto perpetuals & 150 24/7 RWAs in one venue. Wall Street depth at listing, stable overnight rates, and on-chain settlement.

    Carbon, the on-chain prime broker for global markets, today opened public trading on 250+ Carbon TradFi markets spanning equities, indices, forex, and commodities. Each position is hedged 1:1 at regulated TradFi venues, making Carbon the largest TradFi-native on-chain derivatives venue. Alongside 530+ crypto perpetuals and 150 24/7 RWAs, total tradeable instruments now exceed 950 in one account. 

    Carbon TradFi is Carbon’s own on-chain instrument. A trader opens a position on-chain, in their own wallet, and Carbon’s solver architecture hedges it 1:1 at a regulated broker off-chain. The trader never leaves self-custody, and the price and depth they receive are the underlying market’s, not bootstrapped on-chain order books.

    That structure removes the cold-start problem that has constrained real-world assets on-chain. Every Carbon TradFi market opens at full institutional depth on its first day, because the depth is inherited rather than manufactured. There is no per-market incentive program to run and no waiting period while liquidity accumulates.

    Carbon now offers traders both in one account. Its 150 24/7 real-world markets trade around the clock, for traders who want access at any hour. Its 250+ Carbon TradFi markets track market hours with carry prices from the underlying, for traders who want institutional depth and predictable holding costs. Roughly 30 assets are live as both, letting a trader hold one against the other and capture the difference between the two financing rates without leaving the account.

    The global market Carbon connects to is substantial. TradFi clears over $1.5 trillion daily in CFDs across thousands of markets, liquidity that until now had no direct route on-chain.

    Carbon TradFi coverage at launch:

    • 200 stocks across US, EU, and Asia markets
    • 62 forex pairs
    • 12 indices
    • 8 commodities

    Carbon can list a trending name within the same week it begins moving in Seoul, Tokyo, or Hong Kong, a cadence order-book venues cannot match because they lack the off-chain rails to stand up a new market that quickly. A further 150 listings are scheduled.

    The launch also opens the Carbon Liquidity Provider (CLP) vault to public deposits. The CLP is a delta-neutral yield product: it funds the hedge behind trader flow rather than taking directional positions, earning from the difference between on-chain demand and off-chain liquidity. Modeled APY is illustrative and ranges from 20.3% at launch utilization to 57.1% at maturity, depending on flow and capital utilization.

    “Traders have had to choose between the assets they want and the execution they need. Carbon ends that trade-off. Every position is hedged into the deepest liquidity in the world and settles in the trader’s own wallet, with 950+ markets in a single account. This is what global markets look like when they finally arrive on-chain properly.” – Levy, Co-founder and CEO of Carbon

    “One of the biggest challenges for bringing traditional financial assets onchain has been delivering deep liquidity. Carbon is operating an architecture that connects onchain trading with established market infrastructure while preserving self-custody. We want Arbitrum to be home to teams building this next generation of financial infrastructure” – David Garcia, Ecosystem Lead at Arbitrum Foundation 

    About Carbon

    Carbon is the on-chain prime broker for global markets, combining crypto perpetuals and Carbon TradFi in one venue. Carbon’s solver architecture connects on-chain traders to institutional liquidity through bilateral 1:1 hedging, delivering Wall Street-grade depth and stable carry with on-chain settlement and self-custody. Live since 2023, Carbon has processed $20B+ in cumulative trading volume across 36K+ unique traders. Carbon operates on Arbitrum. Users can learn more at carbon.inc.

    Contact

    COO
    Rens
    Carbon
    rens@carbon.inc

  • Every Tax Preparer Is a Financial Institution Under Federal Law. Many Have No Written Security Plan.

    Every Tax Preparer Is a Financial Institution Under Federal Law. Many Have No Written Security Plan.

    The IRS is in the final week of its summer campaign telling tax professionals to write one. Industry data says the firms it applies to are mostly two-person shops.

    KANSAS CITY, Mo., Aug 07, 2026, ZEX PR WIREIf you prepare tax returns for a living, federal law counts you as a financial institution. Same category as a bank. That classification carries an obligation most small firm owners have never heard of: a written information security plan (WISP), on paper, kept current.

    The Gramm-Leach-Bliley Act is what does it. Under GLBA, tax and accounting professionals are considered financial institutions and must implement a data security plan, which puts them under the Federal Trade Commission’s Safeguards Rule. The IRS said it plainly in July 2025: tax professionals are legally required to have a written, accessible plan, and should review, test and update it regularly.

    The agency is in the middle of saying it again. On July 7 the IRS and its Security Summit partners launched “Protect Your Clients; Protect Yourself,” a five-week campaign for tax professionals now in its final week. The same guidance is being delivered in person at the 2026 IRS Nationwide Tax Forums, which continue in New York City Aug. 18-20, Orlando Sept. 1-3, and San Diego Sept. 15-17.

    “Most preparers I talk to have no idea this applies to them, and I don’t blame them one bit. Nobody ever told them,” said Sam Sapp of Lockbaud. “Many of these smaller firms would be lucky to have a cybersecurity plan at all, let alone a written one.”

    The size of the gap follows from the shape of the profession. Research published in The CPA Journal in January, drawn from IRS preparer and e-filing datasets for the 2024 tax year, found 89% of all e-filers handle fewer than 1,000 filings a year, and 48% of preparers matched to a firm are solo practitioners. Intuit, H&R Block, and TaxHawk together account for only about a third of e-filing submissions. Most of the rest of the profession is small businesses.

    Those firms hold exactly what an attacker wants. Social Security numbers, bank account details, income records, and dependent information for every client on the list, usually going back years.

    The Safeguards Rule doesn’t ask for a security operations center. The FTC asks firms to designate someone to coordinate the program, identify and assess risks to customer information, and create, implement and regularly test safeguards. The IRS publishes Publication 5708, a 28-page template built for smaller practices, and Publication 4557 covers safeguarding taxpayer data more broadly. Both are free.

    A plan on paper isn’t really the point either. The protections have to actually be in place, and that’s where a lot of firms get caught. They assume somebody else has it handled, usually the tax software vendor or whoever set the office up. Those companies secure their own platform. They don’t secure your email, your laptops, your backups, or the person who clicks the wrong link.

    Somebody has to own that, and in a two-person office nobody has room for one more job. That’s why these plans get started in February and forgotten by March. A lot of firms hand it off instead, which is a good chunk of what IT support for accounting firms means in practice. And it’s not just tax firms. Any small business sitting on customer data runs into the same thing, which is most of why outsourced IT for small businesses is a category at all.

    Two things any tax or accounting firm can check this week:

    • Find out whether your firm has a written plan at all, and who is named in it as responsible. If nobody is named, you don’t have one.
    • Ask your tax software vendor and your IT provider, in writing, exactly what each one secures. The gap between those two answers is yours to cover.

    “That’s what we try to help with, and honestly what we want to make a push to help more with,” Sapp said. “If a firm gets one page written and puts a name on it, that’s a real win. We’ll take it.”

    Through Oct. 31, Lockbaud is offering a free written information security plan review to tax and accounting firms. Lockbaud will read an existing plan against Publication 5708 and the Safeguards Rule and say plainly what’s missing, or confirm a firm doesn’t have one yet. Requests go to connect@lockbaud.com or 816-208-2888.

    About Lockbaud

    Lockbaud is a managed IT and cybersecurity provider based in Kansas City, Missouri, serving small and mid-sized businesses across the United States. Lockbaud works most often with accounting firms, law firms, and chambers of commerce, and backs its work with same-day support, zero-downtime onboarding, and a money-back guarantee. Founded and owned by Sam Sapp. More at lockbaud.com.

    Media Contact

    Sam Sapp, Lockbaud

    lockbaud.com

    Full release with sources: https://lockbaud.com/newsroom/tax-preparer-security-plan-requirement/

  • Social Security Adjustments Have Failed to Keep Pace with Inflation—How Retirees Can Supplement Their Income Through Bitcoin Mining in 2026

    The Truth No One Wants to Talk About

    England, U.K, Aug 07, 2026  In 2026, the Social Security Cost-of-Living Adjustment (COLA) increased by 2.8%, raising the average monthly benefit for retirees by approximately $56. However, because the prices of essential expenses such as housing, healthcare, and food have generally risen by more than 2.8%, the real purchasing power of many retirees who rely on Social Security continues to decline.

    At the same time, the Social Security system is facing long-term financial pressure. It is projected that by 2034, the Social Security trust fund may be able to pay only about 83% of scheduled benefits. For a growing number of retirees, Social Security remains an important source of income, but relying on benefits alone is becoming increasingly insufficient to meet retirement living expenses.

    A Supplementary Source of Income

    In recent years, Social Security benefits have consistently lagged behind the rising cost of living, prompting some retirees to seek additional sources of income. Compared with traditional investments or part-time work, Bitcoin mining traditionally required expensive mining equipment, ongoing electricity and maintenance costs, and specialized technical knowledge.

    Cloud mining changes this model. Instead of purchasing and operating mining equipment, users simply purchase cloud computing power to participate in Bitcoin mining. The platform is responsible for equipment operation and maintenance, while users automatically receive daily Bitcoin mining rewards. As a result, cloud mining has gradually attracted the attention of retirees looking for supplementary income.

    ASDeFi: A Platform Designed for Convenient Cloud Mining

    Founded in 2020, ASDeFi is a Bitcoin cloud mining platform with more than 5 million users worldwide. It operates physical data centers that manage over 11 million TH of computing power.

    The platform maintains a 99% uptime, supported by real-time monitoring and a professional maintenance team. It is also committed to using 90% renewable energy, providing users with a stable, efficient, and more environmentally friendly cloud mining service.

    How It Works: Four Simple Steps

    1. Register an Account https://asdefi.com

    New users receive a $15 welcome bonus, which can be used to experience the platform’s cloud mining services.

    2. Complete Your Account Setup

    Log in to your account dashboard, deposit cryptocurrency, and link your cryptocurrency wallet address to receive mining rewards.

    3. Purchase a Mining Contract

    Go to the Contracts page and purchase the $15 mining contract. You can also choose other mining contracts that match your budget and investment plan.

    4. Start Mining and Withdraw Your Earnings

    Once the contract is purchased, the platform automatically allocates computing power and the cloud mining contract begins running immediately. You can monitor your mining rewards in real time on your mobile phone and withdraw your earnings at any time.

    Frequently Asked Questions (FAQ)

    Can retirees participate?

    Yes. As long as you meet the platform’s requirements and have a cryptocurrency account, you can choose a cloud mining contract that suits your financial situation.

    Do I need to purchase mining equipment?

    No. The platform is responsible for mining farm construction, equipment maintenance, computing power management, and overall system operation.

    Which cryptocurrencies are supported?

    The platform currently supports more than a dozen mainstream cryptocurrencies, including BTC, ETH, XRP, DOGE, SOL, BNB, and USDT.

    Conclusion

    Although the 2026 Social Security COLA increased by 2.8%, many retirees continue to face rising living costs for healthcare, housing, and food. Combined with the long-term financial challenges facing the Social Security system, relying solely on Social Security benefits is becoming increasingly difficult for many retirees.

    As a result, some retirees with available capital are turning to ASDeFi Bitcoin cloud mining as a supplementary option for generating passive income—without the need to purchase mining hardware or possess specialized technical knowledge.

    For more information, visit:https://asdefi.com

    Download the App

  • DUVE Reveals Technical Details of Four-Month White Ceramic Watch Customization Project

    Dubai, United Arab Emirates, 7th Aug 2026 – DUVE has completed a four-month bespoke watch customization project and shared technical insights into the work involved. The finished piece has already made a public appearance, most recently on the wrist of blogger Alexander Zubarev during a visit to a Dubai restaurant.

    Customization is becoming increasingly common among influencers, who are moving away from standard production models in favor of accessories tailored to their individual preferences.

     DUVE representatives confirmed that the watch was produced to individual specifications as part of a bespoke customization project. The entire process took approximately four months. According to the atelier’s craftspeople, the primary technical challenge involved refinishing the white ceramic case. The team had to achieve the intended matte texture without compromising the watch’s factory water resistance or movement specifications.

    “We work with clients who see the standard configuration of a watch as a starting point rather than a final choice. They want to preserve the engineering foundation and recognizable character of the original model while giving it a distinct identity. To us, customization is more than an aesthetic transformation: every design decision must be technically sound and must not compromise the reliability of the watch. For this project, it was particularly important to strike a balance between the expressive matte finish of the white ceramic and the preservation of the factory water resistance and movement specifications. It is this combination of personal aesthetics and technical precision that transforms an established model into a truly individual, one-of-a-kind piece,” said a representative of the DUVE atelier.

    About DUVE

    DUVE specializes in the exclusive redesign of high-end watches. The atelier transforms iconic factory models into one-of-a-kind personal pieces. Combining innovative material-processing techniques with premium client service, DUVE delivers bespoke projects for collectors and public figures worldwide.
    https://duve.ch

    Media Contact

    Organization: DUVE watch

    Contact Person: Marcus Weber

    Website: https://duve.ch

    Email: Send Email

    City: Dubai

    Country:United Arab Emirates

    Release id:47952

    The post DUVE Reveals Technical Details of Four-Month White Ceramic Watch Customization Project appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section

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  • STARTRADER in Discussions with Trustpilot to Consolidate Review Profiles

    DUBAI, UAE, August 7th, 2026, FinanceWire

    STARTRADER is in ongoing discussions with Trustpilot about a proposed consolidation of its existing review profiles into a single listing. The matter remains under discussion, and no timeline for completion has been confirmed. STARTRADER confirms that the matter has no impact to date on its operations or client services.

    As STARTRADER has expanded across multiple regions, separate Trustpilot profiles were established for different entities and markets over time. A single, consolidated profile would provide clients a clearer overarching view of STARTRADER’s customer feedback across regions.

    Some clients may have noticed changes to STARTRADER’s Trustpilot presence, including to the displayed rating, review count, or review history. These changes are not related to the proposed consolidation exercise described above, or to STARTRADER’s trading platforms, products, or client support, all of which continue to operate as per normal.

    STARTRADER will provide further updates as discussions with Trustpilot progress. Clients with questions in relation to this matter can reach out through STARTRADER’s client support channels.

    About STARTRADER

    STARTRADER is a global multi-asset broker empowering retail and institutional partners to access global markets through a range of platforms, including MetaTrader, STARTRADER APP, and STAR Copy. STARTRADER operates through entities licensed and regulated by authorities including CMA, ASIC, FSCA, FSA and FSC, combining strong governance with a client-first approach, serving both retail clients and partners with a commitment to transparency, reliability, and long-term growth.

    Contact

    Janna.magabilen
    Janna.magabilen@startrader.com