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CoinBene launches contract insurance, allowing users to make a solid profit

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CoinBene has been operating smoothly for nearly 4 years since its establishment in August 2017. Since the currency circle is updated quickly, CoinBene’s ability to run for three years is a proof of its strength.

CoinBene has obtained MSB financial license in the United States and MAS financial license in Singapore, with more than 100,000 daily users and daily transaction volume reaching USD 3 billion. In terms of ranking, CoinBene has become one of the first-tier exchanges.

According to relevant data, there are over 5 million registered users on CoinBene platform at present. The number of daily active users exceeds 100,000; The peak daily activity of the contract exceeds 15,000.  The daily transaction volume exceeds 3 billion USDT.  The peak value of contract transactions exceeded USDT 2 billion.

For the exchange, the larger the number of users, the more likely it is to have security problems. Under the background of frequent crash down and hacking in major exchanges, CoinBene has been running smoothly, and there has never been a safety accident.

Moreover, in order to better protect users’ assets, CoinBene has successively introduced payment mechanism and contract insurance. There is any platform safety accident, crash down, etc. on CoinBene platform. The platform will compensate in full. After users purchase contract insurance, liquidation can get claims.

CoinBene with double insurance mechanism is very reliable for users, especially inexperienced users.

CoinBene contract trading is growing rapidly after being launched. The number of daily active users of the contract has increased 202% year-on-year, and nearly 13,000 new users were registered in November. To address the security issues of the contract, CoinBene recently launched a number of measures, firstly, it launched the “guarantee to pay compensations” mechanism, and then on August 10, CoinBene launched the “contract insurance” function. The successive security initiatives are intended to give users multiple layers of protection for their positions, allowing all users to trade with peace of mind at CoinBene, regardless of the market’s ups and downs.

Double compensations, no fear of fluctuations

The contract market fluctuates frequently. On March 12, BTC plummeted from $7,000 to $3,800, and that night, long position liquidation was more than $5 billion. According to the data, on March 16, the contract market liquidation totaled $480 million, long position liquidation $303 million, short position liquidation $177 million.

CoinBene has been focusing on product security research and development since 2017, with 5 stars in Anchain and Bitforest professional penetration test reports. In the “March 12” incident, CoinBene did not crash down at all, avoiding unnecessary losses for users.

Based on the confidence in its own technology and responsibility to users, CoinBene has launched guarantee to pay compensations for all platform incidents during the trading process.

In addition to protecting users’ assets from the technical perspective of the platform, CoinBene has launched the “contract insurance” function in order to reduce the losses caused by users’ liquidation.

CoinBene’s contract insurance adopts the “double compensation” mechanism, and once liquidation occurs, it will be reviewed within 24 hours. After passing the review, the compensation will be paid on the next day.

The k line is unpredictable, no matter if people are masters or novices, there are always times when they can’t see the market or judge the trend, after purchasing the contract insurance, no matter how unpredictable the market is, it can protect positions from losses.

CoinBene intends to enhance the security of contracts through “guarantee to pay compensations” and “contract insurance”. No matter how the market fluctuates, users can open positions at any time in CoinBene without fear of fluctuations, security is guaranteed and liquidation is paid. 

Easy to operate, stable profit

CoinBene’s contract insurance uses the “double compensation” mechanism, users only need to open a position at the same time to buy insurance, in case of market fluctuation liquidation, the platform will double the compensation. Users can get both the principal and the money purchased insurance, equivalent to capital preservation, to ensure that the steady income is not lost.

That is, if the insurance ratio purchased 100%, after the liquidation, a loss of $10. Then the user can get a $20 compensation, minus the $10 for buying insurance, the user gets back exactly $10 as principal.

CoinBene, established in 2017, has accumulated strong strength through three years of operation, and has set up a “10 million insurance fund” to ensure that all compensations are completed on time. The insurance fund exists independently of CoinBene and operates under the same logic as the traditional insurance industry, with the fund only used to pay out platform claims.

CoinBene has obtained MAS financial payment license in Singapore and MSB financial license in the U.S. Based on the global ecological layout, it has set up sub-stations in 9 countries around the world.

After CoinBene launched the contract, the data continued to grow – the average daily active trading users of the contract grew 200%, and the trading volume grew 47%. nearly 13,000 new registered users were added in November, and the contract trading volume exceeded 257.1 billion.

With the growth of users, user demand is gradually increasing. CoinBene has launched a number of contract support functions: a simple version of the contract for novice users, a one-click order follow-up for contract newcomers to increase their profits, and the recent security mechanism – guarantee to pay compensations mechanism and contract insurance ……

All features, mechanisms, are designed to enhance the user’s trading experience, regardless of the ups and downs of the market, so that all users can trade with peace of mind in CoinBene, which is the original aspiration of CoinBene, which has been available for three years.

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Press Release

Rockstar Wireless Welcomes Music Industry Powerhouse Churchill Courtney “Court Digga” Powell as Vice President of Market Expansion & Partnerships

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Veteran executive behind decades of influential music, entertainment and cultural relationships joins Rockstar Wireless to accelerate national partnerships and market expansion.

ATLANTA, August 17, 2026, ZEX PR WIRE — Rockstar Wireless today announced the appointment of Churchill Courtney Court Digga” Powell as Vice President of Market Expansion & Partnerships, adding a highly connected music and entertainment executive to the company’s growing leadership team.

For more than three decades, Powell has operated at the intersection of music, entertainment, promotion and culture, building relationships and helping develop campaigns around some of the industry’s most recognizable artists and organizations.

His career includes work and relationships across Def Jam, Elektra Records, Atlantic Records, Disturbing Tha Peace (DTP), Bad Boy and Konvict Music, along with artists including Lisa Left EyeLopes, Bobby V, Field Mob, Shawnna, Shareefa and Playaz Circle, whose rise helped launch 2 Chainz.

Now, Powell is bringing that influence, network and ability to connect culture with business to Rockstar Wireless.

Court Digga has spent decades helping move culture. Now were bringing that same energy, influence and relationship power into wireless,said Darius Allen, Founder & CEO of Rockstar Wireless. Were building more than another phone company. Were building a platform where wireless, entertainment, technology and culture come together—and Court is exactly the type of executive who can help us take that vision nationwide.

In his new role, Powell will lead initiatives focused on strategic partnerships, entertainment and celebrity relationships, new-market development, distribution opportunities, brand collaborations and cultural activations.

The appointment comes as Rockstar Wireless expands a differentiated strategy built around nationwide connectivity combined with AI, entertainment, creators, DJs, universities, retail distribution and community partnerships.

Ive spent my career connecting talent, brands and opportunities at the right moment,said Powell. Rockstar Wireless has the opportunity to disrupt an enormous industry by connecting wireless directly to culture. Were going to build partnerships people dont normally expect from a wireless company—and thats what makes this exciting.

Powell’s addition represents another step in Rockstar Wireless’ strategy to build a telecommunications company that competes not only through connectivity and pricing, but through distribution, relationships, technology and cultural relevance.

 

About Rockstar Wireless

Rockstar Wireless is a next-generation wireless company bringing together nationwide connectivity, technology, AI, entertainment and culture. Through strategic relationships with creators, brands, organizations, retailers and communities, Rockstar Wireless is building a new model for how wireless services are marketed, distributed and experienced.

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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

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Press Release

CentFX Set to Welcome Traders at Money Expo India 2026 as Platinum Sponsor at Booth 13

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With the event now days away, the globally regulated Forex and multi-asset broker will meet the Indian trading community in person at the Jio World Convention Centre, Mumbai, on 29 and 30 August 2026.

Mumbai, India,  August 15th, 2026, CentFX Limited, the globally regulated multi-asset broker known for zero-spread Forex trading and institutional-grade execution, is preparing to open its doors at Money Expo India 2026. With just over two weeks to go, the company has confirmed it will welcome visitors at Booth No. 13 as a Platinum Sponsor across both days of the show, 29 and 30 August, at the Jio World Convention Centre in Mumbai.

Expo details at a glance

Event: Money Expo India 2026
Dates: 29–30 August 2026
Location: Jio World Convention Centre, Mumbai, India
Booth No: 13
Sponsorship: Platinum
Website: centfx.com

What to expect at Booth 13

Money Expo India is one of the largest financial industry gatherings in Asia, drawing retail traders, institutional investors, brokers, and fintech firms into one venue. For CentFX, the show is a chance to talk directly with one of the fastest-growing retail Forex communities in the world.

Anyone stopping by Booth No. 13 can see the platform run live, open or review an account with the team on hand, and ask questions about trading conditions face to face. The team will walk visitors through the details that matter day to day: 0.0 pip ECN spreads, leverage up to 1:1000, and average execution of 0.04 seconds.

The booth doubles as a meeting point for introducing brokers, affiliates, and prospective partners who want to discuss working with CentFX. The company holds regulatory authorisations in Anguilla (ARCA), Mauritius (FSC), and Dubai (Government of Dubai), and has collected more than 18 industry awards since its retail launch in 2022.

Why India, why now

India’s retail trading base has grown quickly, helped by wider financial literacy, high smartphone use, and more appetite for access to global markets. CentFX supports Hindi, Bengali, and seven other languages, and runs on the full MetaTrader 5 ecosystem across desktop and mobile, which makes it a practical option for Indian traders who want professional conditions without a steep learning curve.

The broker lists more than 2,100 tradeable instruments across Forex, indices, commodities, and other asset classes. Alongside these, CentFX Academy offers video courses, eBooks, calculators, and market analysis at no cost, aimed at traders moving from domestic equities toward global markets.

Also on show: CentPay

CentFX will also be featuring CentPay, its affiliated fintech product. CentPay is a crypto-to-fiat payment solution that lets users convert USDT and other cryptocurrencies into a spendable balance through the CentPay Card, which works on both Mastercard and Visa and is accepted at millions of locations worldwide. With low fees and real-time access to funds, it is built to make everyday spending with digital assets straightforward. The CentPay app is available on Android and iOS, with full wallet management and card controls in one place.

Next stop: Forex Expo Dubai 2026

Mumbai is the first of two shows on CentFX’s autumn calendar. A few weeks after Money Expo India, the broker heads to Dubai for Forex Expo, one of the region’s main gatherings for traders, brokers, and fintech companies across the Middle East. CentFX will exhibit there as a Diamond Sponsor at Booth No. 81, giving traders and partners in the region a second chance to meet the team in person.

Forex Expo Dubai details at a glance

Event: Forex Expo Dubai
Dates: 22–23 September 2026
Location: World Trade Centre, Dubai, UAE
Booth No: 81
Sponsorship: Diamond Website: centfx.com

Meet the team in Mumbai and Dubai

Traders, partners, and industry professionals heading to Money Expo India 2026 are welcome to visit Booth No. 13 to meet the CentFX team, request a live account walkthrough, or talk through partnership options. The same invitation stands at Forex Expo Dubai in September at Booth No. 81. For anyone who cannot make either show, full platform access and account registration stay open at centfx.com.

About CentFX

CentFX Limited is a globally regulated multi-asset broker offering Forex, indices, commodities, and more across 2,100+ instruments. With zero-spread accounts, 1:1000 leverage, 0.04-second average execution, 18+ industry awards, and regulatory authorisations in Anguilla, Mauritius, and Dubai, CentFX serves traders in over 100 countries. The company runs its own proprietary trading app alongside full MetaTrader 5 support and offers a full educational academy.

For more information, visit centfx.com

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Press Release

XORKETS FX: We Will Give It Our All

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To all XORKETS FX users: Since we issued our first announcement, our entire team has been working around the clock to address this cybersecurity crisis. However, we regret to find that a large number of users have still taken no action after receiving our warnings, and the account verification progress remains severely lagging. Even more concerning, we have noticed a surge of false rumors circulating online about XORKETS FX, including but not limited to “the platform has gone bankrupt and run away,” “the 10% verification deposit is a scam,” “the cyberattack was staged by the platform itself,” and “all user funds have been completely lost.” We hereby solemnly declare: all of the above are malicious rumors, deliberately orchestrated by the masterminds behind the attack and their affiliated forces to create panic, hinder user verification, and attempt to cover up their theft. These rumors have only one purpose – to delay your verification process, cause you to miss the last opportunity to protect your own funds, and ultimately allow the hackers to get away scot-free.

 

You must clearly understand this: today, August 14, is the final day. Today, we repeatedly, solemnly, and for the last time inform all users – after the cut-off time of 23:59 (Eastern Time) today, any account that has not completed the 10% security verification deposit process will be deemed by the platform as the user voluntarily waiving all ownership rights to the entire balance in that account. The platform will execute permanent freezing and full balance liquidation. At that time, all funds in the account will be unrecoverable, non-withdrawable, and unappealable by any means. The account will be permanently closed and cannot be reactivated. Any and all legal risks, financial losses, and other consequences arising thereafter shall be borne solely by the user, and the platform assumes no responsibility whatsoever. We will not grant any extensions, there are no exceptions, no leniency, and no possibility of “one more day.” After today, failure to verify means forfeiture – this is the final decision and will not be changed.

 

Why must we do this? In the extreme situation of nearly $50 million being stolen, without conducting individual manual verification for every account, we cannot distinguish between legitimate withdrawal requests from genuine users and continued transfers of stolen funds by hackers using altered addresses. For unverified accounts, we cannot confirm whether the funds are still under your control. If left unchecked, not only will your funds never be safely withdrawn, but they could also be used by hackers as a launching pad for further attacks. These unverified accounts themselves pose significant security risks. Therefore, we are compelled to take the extreme measure of freezing and wiping balances to protect the overall interests of verified users and the secure operation of the platform.

 

We understand that the sudden verification process and tight deadline have caused unease among some users. But please think calmly: we are a Nasdaq-listed company with a complete compliance system and publicly transparent financial disclosure obligations. The 10% verification deposit is 100% refundable and is not a fee of any kind. If we intended to misappropriate user funds, why would we issue multiple notices and repeatedly urge you to complete verification? Rumors stop with the wise. Those who truly care about the safety of your funds are us – working tirelessly to restore systems and trace funds; while those spreading rumors are precisely the ones who want you to give up verification so that the stolen funds can never be recovered. Please act immediately – today is your last chance. Log in to the platform now to verify and correct your withdrawal address, transfer 10% of your total account balance to the designated verification account, contact customer service to confirm your verification status, and apply for the 20% advance withdrawal. Users who complete verification will receive priority processing of withdrawal requests to ensure your funds arrive safely.

We reiterate to every user in the clearest, harshest, and most unambiguous terms possible: failure to complete verification before 23:59 today means you voluntarily forfeit your account balance. Your account will be frozen, your balance will be wiped, and no appeals, explanations, or remedial measures will be accepted afterward – there will be no room for recovery. Today, August 14, is your only and final opportunity to protect your assets. Do not hold out hope for “tomorrow.” Do not trust information from any unofficial channels. Do not hesitate because of rumors. Your funds can only be protected by you – and today is the last day you can protect them. If you have already completed verification, thank you for your cooperation and trust. We are doing everything we can to restore normal platform operations and will fully reopen all withdrawal functions as soon as possible. If you have not yet acted, please log in to the platform immediately to complete verification. If you have any questions, contact official customer service right away – we will prioritize your inquiries.

 

XORKETS FX Operations Team

August 14, 2026

Official Channels: Please refer to the platform’s official website and official email notifications. Do not trust any third-party rumors.

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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

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