Blockchain Press Releases
Nippon Express (Ireland) Opens New Warehouse in Dublin, Beginning Operations July 1
TOKYO, Aug. 16, 2023 /PRNewswire/ — Nippon Express (Ireland) Ltd. (hereafter “NX Ireland”), a group company of NIPPON EXPRESS HOLDINGS, INC., has established a new warehouse, “Contract Logistics Center,” in Dublin city, beginning its operations on July 1.
Logo:
https://kyodonewsprwire.jp/img/202308097926-O1-X51Q0SoK
Photo: Warehouse exterior
https://cdn.kyodonewsprwire.jp/prwfile/release/M103866/202308097926/_prw_PI2fl_H02h4ZHW.jpg
Ireland is one of the world’s leading pharmaceutical exporters and one of the countries with remarkable growth in the pharmaceutical field. It is also expected to grow in technology industries such as semiconductors and information and communication technologies, and many international companies have bases in Ireland for research and development and production. From this background, demand is expected for advanced logistics facilities capable of offering features such as temperature control.
The new “Contract Logistics Center” established by NX Ireland is located about 3 km from Dublin Airport and about 12 km from Dublin Port, which is suitable for both air and sea transportation. NX Ireland has installed a clean room equipped with environmental requirements (temperature/humidity/dust/electrostatic management) necessary for handling semiconductors and electronic components. Additionally, the facility is equipped to handle the storage and transportation of pharmaceuticals. The company offers high-quality services to customers in the pharmaceutical and semiconductor-related industries.
The Nippon Express Group aims to expand logistics services in Europe through the establishment of the new warehouse and to contribute to further development of customer business activities by expanding logistics functions globally.
Profile of new warehouse
- Name: Contract Logistics Center, Nippon Express (Ireland) Ltd.
- Address: Unit 23, Cedar Drive, Dublin AirPort Logistics Park, Dublin, K67 R2H7, Co. Dublin, Republic of Ireland
- Total floor area: 4,768 m2 (51,319 ft2) (Temperature-controlled, nitrogen purging warehouse 2,509 m2 (27,007 ft2) / Pharma rooms +2/+25 C & semiconductor cleanroom facility 651 m2 (7,007 ft2))
- Key facilities: Full air conditioning management, surveillance cameras, customs bonded areas, full sprinkler system covering all areas, nitrogen purging facility and also external charging points for climate containers, truck dock leveler bays x 5 and two large loading bay ramps. Next to Dublin Port inner terminal and close proximity of Dublin Airport cargo terminal.
- Start of operations: July 1, 2023
Nippon Express website: https://www.nipponexpress.com/
Nippon Express Group’s official LinkedIn account:
https://www.linkedin.com/company/nippon-express-group/
View original content:https://www.prnewswire.co.uk/news-releases/nippon-express-ireland-opens-new-warehouse-in-dublin-beginning-operations-july-1-301901824.html
Blockchain
Russian Court Jails Finiko Crypto Scam Exec for Three Years
A Finiko executive has been sentenced to three years in prison by a Russian court for her involvement in what is described as the largest crypto scam in the post-Soviet era.
According to Izvestia, Liliya Nurieva, the former head of networks at Finiko, received a four and a half year sentence from a court in Vakhitovsky, Kazan on May 17. However, the court stated that it would take into account the time she had already spent in pre-trial detention as “time served.”
Despite prosecutors’ requests for a six and a half year sentence, the judge rejected them. Nurieva, who had faced a possible 10-year imprisonment, reached a “pre-trial agreement” with prosecutors.
Nurieva’s defense attorney announced her intention to appeal the verdict. She was convicted of fraud and organized crime-related charges.
Finiko, initially presented as a crypto “investment fund” in 2018, allegedly defrauded citizens of around $1.1 billion, according to the country’s Central Bank. Much of this sum remains unrecovered.
The unraveling of the project began in 2021, leading to the flight of many Finiko figures abroad. After an international manhunt, Interpol detained co-founder Edvard Sabirov in the UAE in late 2022, while co-founder Kirill Doronin was arrested in mid-2021.
However, Nurieva is the first Finiko executive to be convicted and sentenced.
Finiko promised investors an “automated profit-generating system” with returns of “up to 30%” on investments of $1,000 or more. It also offered various lending and financial services with lucrative terms.
The company allegedly employed Ponzi scheme tactics, using funds from new investors to pay off older ones. By mid-2021, its platforms became unstable, with customers reporting delayed payments. In June of that year, payments ceased entirely, the value of its cryptocurrency plummeted, and Finiko offices nationwide abruptly closed.
During its peak, Finiko enjoyed popularity on social media, and initial estimates suggested nearly 10,000 individuals invested in its platforms.
Nurieva’s defense argued that she was unaware of Finiko’s fraudulent nature upon joining and had invested her own money in the company. It wasn’t until later interactions with senior executives that she realized the scheme’s illegitimacy.
Some Finiko investors attended the trial, with one, Lyudmila Yamshchikova from Kazan, expressing disappointment over halted payments, which she had relied on for mortgage payments and other financial obligations.
Source: cryptonews.com
The post Russian Court Jails Finiko Crypto Scam Exec for Three Years appeared first on HIPTHER Alerts.
Blockchain
Hong Kong’s Crypto Ambitions Hit Snag: Can ETFs Steer the Ship?
Hong Kong’s launch of its first Bitcoin and Ether ETFs in late April aimed to capture part of the $55 billion US market. However, the ETFs have experienced investor outflows, perplexing analysts. Experts attribute this to concerns over China’s strict crypto stance and high management fees compared to US products.
Despite initial setbacks, some analysts remain optimistic. Bloomberg’s Rebecca Sin notes that total assets under management (AUM) exceed $250 million, indicating potential growth to $1 billion within two years. Hong Kong’s crypto journey is still unfolding, facing challenges from regulatory uncertainties and regional competitors like Singapore and Dubai.
On the Flipside
High Management Fees: Hong Kong’s ETFs have higher fees than similar US products, potentially deterring investors.
Regulatory Uncertainty: The evolving regulatory landscape in Hong Kong may create hesitancy among investors.
Institutional Adoption: Established financial institutions in Hong Kong may be slow to embrace crypto, limiting market growth.
Source: dailycoin.com
The post Hong Kong’s Crypto Ambitions Hit Snag: Can ETFs Steer the Ship? appeared first on HIPTHER Alerts.
Blockchain
Binance Web3 Wallet Introduces Yield Plus and Simple Yield
In a bid to offer its users more opportunities in the Decentralized Finance (DeFi) space, Binance Web3 Wallet has introduced two new ways to earn: ‘Yield Plus’ and ‘Simple Yield’. These new features will be accessible right within the Binance Web3 Wallet Earn section.
About Yield Plus Zone
The Yield Plus Zone is a unique feature designed to showcase projects with potential airdrops or additional yield opportunities. This feature will give users easy access to projects that offer multiple levels of rewards. The initial projects that will be included are Eigenpie, Kamino Finance, Lista Dao, Marinade, Ondo Finance, Renzo, StakeStone, and SolBlaze. Binance Web3 Wallet plans to announce exclusive campaigns in future updates through the Binance Web3 X account.
About Simple Yield Zone
The Simple Yield Zone allows users to earn an Annual Percentage Rate (APR) with stablecoins and other tokens by providing liquidity to lending protocols. When providing liquidity, users may receive both the Supply APR and Distribution APR, depending on the protocol chosen.
More on Binance Web3 Wallet
Developed with a commitment to innovation, security, and seamless user experience, the Binance Web3 Wallet is a secure, self-custodial crypto wallet integrated within the Binance App. It serves as a bridge between the Exchange and Web3, enabling users to interact with multiple blockchains, trade thousands of tokens, earn yield, and explore a selection of the best decentralized applications (dApps) all in one wallet.
Source: blockchain.news
The post Binance Web3 Wallet Introduces Yield Plus and Simple Yield appeared first on HIPTHER Alerts.
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