Press Release
What’s the NFT game Tencent & Alibaba Rush into?
In June 2021, Alibaba and Dunhuang Arts Institute jointly released two NFTs, Dunhuang Flying Sky and Nine Color Deer App skins, which were limited to 16,000 in the world. The works were looted as soon as they were released.
On June 26, 2021, NetEase and Nervina Labs released their first NFT work on Taobao.
On August 3, 2021, Chinese tech giant Tencent’s NFTs trading platform -Huanhe launched 300 copies “Vinyl Record NFT” authorized by TV program “Thirteen Invitations”, and sold out instantly.
Chinese giants’ capital is vying to chase, and it’s so fierce. So far people can’t help asking, what is NFT?
Meet NFT
NFT is short for Non-fungible Token，which is relative to the concept of Fungible Token (FT), each NFT has a unique and only identification, which is not interchangeable, and the smallest unit is 1 and indivisible.
Generally, BTC, ETH, etc. we familiar with are Fungible Token. For example, BTC everyone owns is same, it’s interchangeable with each other, can also be divided into 0.1, or 0.01 without affecting the value and use.
NFT represents indivisible and non-interchangeable items in reality, such as a real estate certificate, a famous painting, a piece of game equipment and so on. They are all unique, and completely lose their value and practicality after being divided. The most typical are collectibles and artworks. These products with non-fungible genes are digitized and tokenized using blockchain technology, and they have become popular NFTs today.
NFT is one and only
Economics stipulates that currency is a unity equivalent and a carrier of consensus on value. In modern society, personal wealth is no longer measured by currency holdings, but includes the value and quantity of assets under his name. Its assets include but not limited to items with market value such as houses, cars, stocks, etc. In most case, the value carried by an asset often far exceeds the value of the cash value they hold. However, real assets have two major shortcomings: poor liquidity and high cost of confirmation. For example, the determination of the right of a house needs to rely on the registration of the Housing Management Committee to determine the ultimate ownership of the house.
But in the blockchain world, the assets we currently have are BTC, ETH with currency attributes. After meeting demand for monetary assets, a value medium of non-monetary assets will naturally emerge, and this is NFT. Relying on the decentralization, immutability and cryptographic authentication of the blockchain, NFT solves a series of problems of real assets:
• The asset is unique and cannot be faked
• Strong liquidity, real-time trading;
• Cryptography is the confirmation and cannot be tampered with.
In addition, NFT also has features that cryptocurrency does not have. Its unique features can be used for identity certification, item ownership certification, virtual props, etc. NFT makes crypto assets more practical, enabling users to expand the utilization of valuable assets in the form of NFT, and is protected by blockchain technology.
NFT Boom Out
NFT is not a new thing born this year, it has made any public appearances early in 2017, but more regarded as a niche thing within Ethereum.
So, what is the real important promoter of NFT out of the circle?
First, let’s ask a question: How much would a digital picture be? The answer is $69.3 million！
On March 11, 2021, an unknown artist Beeple collaged his daily art work for the past thirteen years into a digital picture called “everyday: the first 5000 days”. At Christie’s, it was sold for $69.3 million, which shocked the world.
Overnight, NFT became the outlet. This 40-year-old American painter also made great fortune overnight. The popularity of NFT has caused a huge sensation in many fields such as art, venture capital, and finance.
Commercial filed such as NBA, Samsung, McDonald’s, Marvel, movie stars, etc. are all releasing their own NFT products, and venture capital industry such as Three Arrows Capital, Signum Capital, NGC Ventures, Coinbase, etc. have begun to invest in this field. Internet giants such as Tencent, JD, Facebook, Twitter, etc. are all laying out the NFT battlefield. The opportunities and challenges brought by NFT are more than that brought by the mobile Internet to the Internet.
From the perspective of business history, iPhone, Amazon, Microsoft, etc. were initially used by industry insiders. After going out of the circle by marketing, products, and the trend of the times, the entire society began to accept them, and they evolved from product for a specific group into mass infrastructure. Although the development of NFT is still at an early stage, the boom out of NFT will continue the historical trajectory and accelerate the application of blockchain technology. It is of great significance for promoting the digitalization of society.
NFT Bright Future
Except crypto artworks, will NFT have wider applications? We can find that NFT will be widely used in the future. For example, the recent popular NFT+DeFi and NFT+game, as well as the concept of meta-universe, are inseparable from the future development of NFT. The physical application of NFT will solve many problems for the society, such as:
First, intellectual property. NFT can represent a painting, a song, a patent, a film, a photo, or other intellectual property rights. NFT can help each unique thing to register the copyright and help it identify the patent.
Second, physical assets. Real estate such as houses and other physical assets are digitized through NFT. It can be used in financial markets such as the circulation of assets.
Third, records and identification. The unique features of NFT, can be used to verify identity and birth certificates, driver’s licenses, academic certificates, etc., to prevent abuse or tampering.
There will be many physical applications of NFT in the future, which will surely solve various practical problems for the society. Presumably this is the ultimate goal of various giant capitals. As the world’s first physical digital economy token trading platform-BtLux Exchange focuses on the implementation of blockchain scenarios that are closely related to people’s lives.
Different from other cryptocurrencies with no entity value support, BtLux regards the underlying innovation of the blockchain as an important breakthrough in the independent innovation of core technology, and takes the use of blockchain to trade, calculate, and record to promote real economic activities on the chain under supervision. At the same time, realize the market operation and value management of digital assets after the certification, redefine the interest distribution relationship of producers, consumers and participants, and form a brand new financial and business model.
Soon, BtLux will accelerate the integration of NFT and physical enterprises based on years of experience in the implementation of blockchain physical scenarios, provide top-level business architecture design and digital economic model design for physical enterprises, and jointly build “blockchain” + “new ecology”, So that participants in the entire chain can benefit. It would bring tangible benefits to the real economy and the entire society, and be widely recognized by the society, making digital currency a living water, flowing in the real economy, and bringing benefits to the real economy more vitality and new power.
NFT is a new world brought about by the technological explosion era, and the digitalization process of the real world in the next ten years will also be greatly accelerated. In the future, only when NFT accelerates the deep integration of the real economy and the digital economy, the technological value of the blockchain will gradually emerge in this process. It will be able to bring new business models and reconstruct distribution models, market structures, organizational forms, and industry relationships to promote human beings to a new era of digital civilization, and in that, BtLux will become an indispensable promoter.
BtLux Official website: https://www.btlux.top/
About Author
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.
Arbitflow has expanded access to managed crypto trading through a platform built around professional traders and user-directed capital allocation. The service allows users to select traders, distribute funds across different strategies, and follow performance without managing every trade themselves. Arbitflow targets users who want market exposure but prefer not to monitor charts or execute trades throughout the day. Instead, selected professionals handle position management while users retain control over how capital is distributed.
Auckland, New Zealand, 16th Sep 2026 – Arbitflow allows users to allocate funds to individual professional traders rather than rely on a single trading model. Capital can also be allocated across several strategies, giving users more flexibility in structuring their managed exposure.
Each trader follows their own approach when managing positions through the platform. Users can review available trading histories and performance information before deciding where to allocate capital.
The model allows users to adjust how much capital each trader receives. This structure gives users the option to build a managed setup around several professionals instead of concentrating funds in one strategy. Arbitflow also keeps the starting requirement at $25. The entry level gives users access to professional crypto trading without requiring a large initial allocation.
Trader Records and Live Trading Support User Oversight
Arbitflow applies a screening process before traders can manage capital through the platform. Candidates complete identity verification, professional-history checks, and simulated skills testing before approval.
After traders join, the platform continues monitoring their performance and trading activity. These records become part of the information users can review when comparing available professionals.
Live Trading provides another layer of visibility by displaying trader performance, trading history, and most completed trades. Users can follow the activity without taking over the daily execution process themselves.
This setup separates user oversight from day-to-day trade management. Users decide which traders receive capital, while approved professionals remain responsible for managing positions under their selected strategies.
Spot Execution and AI Support Sit Behind the Service
Arbitflow conducts trading exclusively through spot markets and does not use leverage or margin. Traders work with allocated funds rather than borrowing capital to increase position sizes. The structure removes leverage-driven liquidation risk from the service, although normal cryptocurrency market risk remains. Digital asset prices can still decline, reducing the value of managed allocations.
Arbitflow also uses proprietary AI-supported analysis within its trading infrastructure. The technology processes market conditions, news, trader behavior, performance data, and potential risk factors. Professional traders use that information as part of their research and monitoring process. Final trading decisions remain with the professionals managing each strategy.
Arbitflow began market research and strategy development in 2023 before building its current AI infrastructure. The technology was developed around existing trading workflows rather than a fully automated execution model.
About Arbitflow
Arbitflow is an AI-supported managed crypto trading platform that connects users with professional traders through a spot-only trading model. The platform combines human-led trade execution with proprietary AI analysis, trader screening, performance monitoring, and Live Trading functionality. Users can allocate capital across multiple traders and strategies while retaining control over how their funds are distributed. For more details, visit https://arbitflow.net/.
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support@arbitflow.net
ads@arbitflow.net
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Media Contact
Organization: ARBITFLOW SOLUTIONS LIMITED
Contact Person: Lucas Horak
Website: https://arbitflow.net/
Email:
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Contact Number: +15054983759
City: Auckland
Country: New Zealand
Release id: 49089
The post Arbitflow Expands Professional Crypto Trading Access Through Managed Strategies 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
About Author
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.
A Dublin childhood, decades of hidden addiction, and a hard-won recovery: a new memoir traces one man’s journey from a Dublin tenement to sobriety on Long Island
NEW YORK—September 16, 2026—Apateon Press today announced the publication of The Irish Telegram Boy: A Memoir by Thomas A. McCluskey. The book tells the story of a boy raised to believe he was, in his family’s words, a “good-for-nothing,” and the decades-long journey that led him to prove otherwise.
Born into poverty in a Dublin tenement in 1944, McCluskey grew up in a large, quarrelsome Irish Catholic household marked by an absent father, a mother unable to show him warmth, and the daily indignities of poverty. At sixteen, he emigrated alone to New York, hoping for a fresh start. Instead, the wounds of his childhood followed him through difficult jobs, a failed first marriage, a second marriage and fatherhood, and years of escalating alcoholism. The memoir opens at his lowest point, lying paralyzed at the bottom of his basement stairs after a night of drinking, his body failing from decades of heavy smoking and drinking, and a near-fatal accident the next day that finally convinced him something had to change.
“I spent most of my life believing I was the family screwup and trying to prove I wasn’t,” said McCluskey. “Writing this book meant going back into rooms I had spent decades trying to forget, like the tenement in Dublin and the basement on Long Island, but then, on to the church basements where I finally got sober. I want readers who are still fighting their own version of that fight to know it is possible to come out the other side.”
The Irish Telegram Boy moves from Dublin tenements to the streets of Queens, from a first marriage that collapses under the weight of drinking and financial strain to a second marriage and family life that mask a worsening addiction. Through therapy, Alcoholics Anonymous, and a hard-won faith, McCluskey confronts his past, breaks a cycle of generational pain, and finds what he calls his own voice. Told in plainspoken, scene-driven prose, the book sits in the tradition of the Irish-immigrant addiction-and-recovery memoir, with McCluskey’s sobriety and self-understanding as its destination.
“The Irish Telegram Boy is an unsparing, deeply human account of what it takes to break a cycle of addiction that runs through generations,” said Hugh Taylor, President of Apateon Press. “Thomas doesn’t spare himself in these pages, and that honesty is exactly what makes his recovery so believable and so earned.”
The Irish Telegram Boy: A Memoir (ISBN 979-8-9973388-2-4) is now available on Amazon.com.
About Thomas A. McCluskey
Thomas A. McCluskey was born in Dublin, Ireland, in 1944 and emigrated to New York at the age of sixteen. He built a life and raised a family on Long Island while struggling for years with alcoholism before achieving lasting sobriety through therapy, Alcoholics Anonymous, and faith. The Irish Telegram Boy is his first book.
About Apateon Press
Apateon Press is an independent publishing company dedicated to bringing distinctive voices and compelling ideas to readers. The company publishes books designed to engage readers, challenge assumptions, and contribute to meaningful conversations.
For more information, visit https://apateonpress.com
Media Contact
Organization: Apateon Press
Contact Person: Hugh Taylor
Website: https://apateonpress.com
Email: Send Email
Country: United States
Release id: 49181
The post Apateon Press Publishes The Irish Telegram Boy by Thomas A. McCluskey 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
About Author
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.
Press Release
MEXC July–August Security Report: 38.66M USDT in Risk Funds Intercepted, Futures Insurance Fund Hits 792M USDT
Mutsamudu, Comoros, September 16th, 2026, Chainwire
MEXC, a pioneer in 0-fee digital asset trading, has released its July–August 2026 security report. The report shows that MEXC successfully intercepted all 215 reports involving risk-related funds during the period, covering approximately 38.66 million USDT. The total balance of the Futures Insurance Fund rose to 792 million USDT. Meanwhile, the reserve ratios for BTC, ETH, USDT, and USDC all remained above 100%.
In July and August 2026, the crypto industry recorded 184 security incidents, with reported losses totaling approximately $535 million. Phishing and fraud incidents, together with endpoint and supply-chain security incidents, accounted for approximately 48% of the total. At the same time, a growing number of attackers are using AI to auto-generate phishing content and help write malware, increasing the efficiency of their attacks. As attack methods become more diverse, promptly identifying and intercepting risk-related funds and strengthening cross-platform investigation have become increasingly important to reducing user losses.
All 215 Reports of Risk-Related Funds Successfully Intercepted, Covering 38.66 million USDT
In July and August, MEXC assisted with 215 reports involving externally stolen or fraud-related funds flowing into the platform. All 215 cases were successfully intercepted, covering 38,655,490 USDT. Of these cases, 42 involved assistances with judicial freezes. Compared with the previous reporting period, the number of successfully intercepted cases increased by approximately 2,971%, while the value of intercepted funds increased by approximately 12,646%.
In tracking and handling risk-related funds, MEXC shared suspicious addresses with major industry participants, assisted in identifying fund flows, and supported verification and freezing procedures under established joint-investigation and law-enforcement cooperation procedures.
Over 20,000 Risk-Related Accounts Identified and Restricted, With More Than 600,000 USDT in Misdirected Assets Returned
In account risk identification, MEXC identified and restricted 20,752 accounts associated with risk-related activities during the period, an increase of 118.03% from the previous reporting period. The platform identified 5,288 risk groups, up 20.35%. By region of origin, these groups were concentrated primarily in the Commonwealth of Independent States (1,803), Nigeria (1,099), and Indonesia (976).
For user asset recovery, MEXC manually processed 818 applications for the return of misdirected assets, returning the equivalent of 602,225 USDT, an increase of 75.31% from the previous reporting period.
Futures Insurance Fund Reaches 792 million USDT, Strengthening Protection Against Negative Balance Risk
As of September 1, 2026, the total balance of the MEXC Futures Insurance Fund reached 791,696,422 USDT, an increase of 5.44% from the previous reporting period.
The Futures Insurance Fund covers negative balances that may arise during liquidation, providing a risk buffer during extreme market conditions and helping reduce the likelihood of auto-deleveraging (ADL). When a liquidated position is closed at a price better than the bankruptcy price, the remaining funds are credited to the fund. Users can view the real-time balance on the MEXC Proof of Trust page.
Reserve Ratios for Four Major Assets Remain Above 100%, With BTC at Approximately 288%
According to the proof of reserves disclosed for this period, MEXC maintained reserve ratios above 100% for four major assets, as follows:
- Bitcoin (BTC): reserve ratio of approximately 288%, with total wallet assets of 12,312.75 BTC against 4,282.20 BTC in user assets;
- Ethereum (ETH): reserve ratio of approximately 113%, with total wallet assets of 66,227.79 ETH;
- USDT: reserve ratio of approximately 115%, with total wallet assets of approximately 1.940 billion USDT;
- USDC: reserve ratio of approximately 114%, with total wallet assets of approximately 194.85 million USDC.
The on-chain addresses corresponding to these reserve assets have been disclosed, allowing users to verify through the Merkle Tree whether their individual account balances were included in this proof of reserves.
As an additional layer of user asset protection, the MEXC Guardian Fund maintains a dual-reserve structure of USDT and BTC: USDT provides immediate liquidity support, while BTC serves as a long-term reserve asset across market cycles. MEXC plans to expand the fund from $100 million to $500 million, continuing to strengthen user asset protection. The relevant holding addresses are listed below:
Guardian Fund Wallet Addresses:
- USDT: 0x469AfE803C54A36674C55231489Cf4b61da8c1bC
- BTC: 1MDVjZdX8QD212pT8Z8EMP7DuFQHKqN3mx
MEXC CEO Vugar Usi said, “Trust is the true reserve currency of this industry. Protecting user assets means moving decisively the moment risk emerges, while giving users something they can verify for themselves, not just our word for it. We will continue to strengthen our ability to identify and intercept risk-related funds, deepen cooperation across platforms and with law enforcement, and help affected users recover their losses wherever possible. Our bi-monthly security reports are part of that commitment, allowing our security performance to be measured and tracked over time.”
About MEXC
Founded in 2018, MEXC is a leading global multi-asset trading platform built as your 0-fee gateway to infinite opportunities. Serving users across 170+ markets, MEXC provides simple and efficient access to crypto, stocks, tokenized assets, derivatives, and a growing range of TradFi-linked opportunities through one account and one gateway.
With 0 trading fees, deep liquidity, broad asset coverage, and a high-performance trading experience, MEXC is designed for retail users who want to discover earlier, act faster, and trade with fewer barriers. As crypto and traditional finance continue to converge, MEXC is committed to making global opportunities more accessible, helping users trade freely and MEXCmize every opportunity.
MEXC Official Website｜ X ｜ Telegram ｜How to Sign Up on MEXC
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About Author
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.
Arbitflow Expands Professional Crypto Trading Access Through Managed Strategies
Apateon Press Publishes The Irish Telegram Boy by Thomas A. McCluskey
MEXC July–August Security Report: 38.66M USDT in Risk Funds Intercepted, Futures Insurance Fund Hits 792M USDT
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