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OryxLabs Recognized as the Most Innovative Cybersecurity Company by the Cybersecurity Excellence Awards

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Abu Dhabi, United Arab Emirates–(Newsfile Corp. – July 14, 2023) – OryxLabs, a cybersecurity solutions provider based in the United Arab Emirates, is proud to announce being named the 2023 Gold Award Winner in multiple categories, as well as one the Most Innovative Cybersecurity Companies, by The Global Cybersecurity Excellence Awards.

The Cybersecurity Excellence Awards is an annual global event recognizing organizations and individuals who demonstrate excellence, innovation, and leadership in the cybersecurity industry. OryxLabs’ recognition as the Most Innovative Cybersecurity Company underscores the company’s efforts and success in delivering top-notch cybersecurity solutions that protect businesses from cyber threats. In addition, OryxLabs’ DNS Firewall and Discovery won the gold awards for best products in DNS Based Protection and Digital Risk Protection categories respectively.

Highlighting OryxLabs’ commitment to innovation, CEO Sumit Dhar says, “We are committed to creating scalable, innovative, and sophisticated cybersecurity solutions that address our clients’ complex challenges while delivering significant business value.”

Dhar attributes the Most Innovative Cybersecurity Company award to OryxLabs’ cutting edge innovations in their products Discovery and DNS Firewall that work jointly to enhance organization’s cybersecurity posture.

Discovery is an innovative, cutting-edge Attack Surface Management platform that offers cybersecurity leaders holistic, continuous and automated visibility into an organization’s exposed external facing assets and their security posture,” says Dhar.

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Discovery highlights vulnerabilities, security issues, breached credentials as well as potential phishing domains masquerading as a company’s sites. Company Boards and CXOs can utilize the Discovery Cyber Hygiene dashboards to monitor their organization’s cybersecurity score, benchmark it with their peers and track trends in their posture. The security engineers and teams can use real-time tracking, monitoring and accurate analysis of security issues as a proactive way to address their critical cybersecurity requirements. Discovery also analyzes security issues from an attacker’s perspective, allowing organizations to identify, prioritize and address their most critical vulnerabilities.

The company’s DNS Firewall product complements Discovery by providing comprehensive protection against a wide range of cyber threats, including malware, spyware, ransomware, phishing sites. Leveraging data science and machine learning algorithms, DNS Firewall identifies and proactively blocks threats in real time, even before traditional security solutions can react. Operating at the DNS Layer, the product blocks malicious connections before they reach a client’s network, ensuring robust first line of defense.

In addition, it allows companies to block websites / domains based on content, geo-location and time. It provides flexible, customizable policies that can be configured based on organization’s setup. It integrates easily with various SIEM solutions and provides dashboards that allow security leaders to gain actionable insights and make informed decisions.

About OryxLabs

OryxLabs is a UAE-based cybersecurity firm that understands the challenges CISOs face. Utilizing an agile approach, the company is dedicated to providing cutting-edge, scalable, innovative security solutions that deliver significant value. Leveraging their advanced products, they help hundreds of clients safeguard their digital infrastructure and maintain the integrity of their sensitive information.

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Contact information

Sumit Dhar
Email address: [email protected]
Website: www.oryxlabs.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/173506

Newsfile is a customer-focused newswire team that delivers press releases and corporate announcements to the global financial community. Approved by all stock exchanges, Newsfile offers broad access to media, analysts, investors and market participants. With agile services, proactive customer care and affordable pricing; Newsfile makes it easy for companies to tell their story to the audiences they need to reach.

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Auto Finance Strategic Business Analysis Report 2024-2030: Dealer Integration and Embedded Financing Offer Seamless Retail-to-Loan Journeys

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Blocks & Headlines: Today in Blockchain – May 29, 2025 (Vaulta, Fosun, Signing Day Sports, Credit Unions, Gaming Innovations)

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Welcome to Blocks & Headlines, your definitive daily briefing on the latest blockchain breakthroughs, cryptocurrency developments, and Web3 innovations. In today’s edition—May 29, 2025—we explore five pivotal stories shaping the decentralized economy:

  1. FT Analysis: Crypto Regulation and Institutional Adoption
  2. Signing Day Sports Seals Deal with Blockchain Digital Infrastructure
  3. Vaulta & Fosun Partner to Power Hong Kong’s Blockchain Backbone
  4. Transforming Online Gaming: Blockchain’s Next Frontier
  5. Credit Unions Embrace Blockchain for Trustworthy Financial Services

This op-ed–style roundup delivers concise yet insightful coverage, critical analysis, and expert opinion on each development’s relevance within the broader blockchain and cryptocurrency ecosystem.


1. FT Analysis: Crypto Regulation and Institutional Adoption

Overview. The Financial Times reports on evolving global regulatory landscapes and their impact on institutional cryptocurrency adoption. FT highlights how major funds and asset managers navigate compliance frameworks in the US, EU, and Asia to integrate digital assets into traditional portfolios.
Source: Financial Times

Detailed Analysis. As regulators across jurisdictions craft tailored guidelines—from MiCA in Europe to the SEC’s evolving crypto classifications in the US—institutions face a balancing act between innovation and compliance:

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  • MiCA’s Market Integrity Measures: New EU rules mandate clear disclosures for stablecoin issuers and exchange operators, raising the bar for consumer protection.
  • SEC’s Custody Interpretations: Emerging guidance on digital asset custody models, including qualified custodians versus self-custody frameworks.
  • Asia’s Sandbox Approaches: Hong Kong and Singapore expand sandbox programs, offering controlled environments for DeFi and tokenization trials.

Opinion. Regulatory clarity is the linchpin for institutional inflows. While stringent frameworks may seem burdensome, they ultimately foster market confidence and prevent systemic risks. Asset managers should proactively engage with policymakers, leveraging sandbox insights to shape pragmatic, innovation-friendly regulations.


2. Signing Day Sports Seals Deal with Blockchain Digital Infrastructure

Overview. According to TradingView’s Reuters feed, Signing Day Sports has executed a definitive agreement to acquire Blockchain Digital Infrastructure, a profitable data-hosting specialist serving DeFi and NFT platforms.
Source: Reuters via TradingView

Detailed Analysis. The acquisition underscores the rising value of specialized blockchain infrastructure:

  • Scalable Data Nodes: Blockchain Digital Infrastructure operates 150+ high-throughput nodes, ensuring low-latency data delivery for real-time sports NFT drops.
  • Profitability Metrics: The company reported $32 million in EBITDA last fiscal year, highlighting sustainable revenue in a niche market.
  • Strategic Synergies: Signing Day Sports plans to integrate hosted nodes into its upcoming sports collectibles marketplace, guaranteeing seamless token minting during high-traffic events.

Opinion. In Web3, infrastructure is the invisible backbone. For NFT marketplaces and DeFi protocols, node reliability and data throughput directly impact user experience—and ultimately, revenue. This move positions Signing Day Sports to compete at scale, setting a precedent for vertical integration in blockchain hosting.


3. Vaulta & Fosun Partner to Power Hong Kong’s Blockchain Backbone

Overview. Coindesk reports that Vaulta, a leading digital asset platform, is teaming up with Fosun International to develop blockchain infrastructure for Hong Kong’s emerging crypto hub.
Source: CoinDesk

Detailed Analysis. The collaboration aims to build secure, high-performance rails for trading, custody, and tokenization:

  • Layer-1 Interoperability: Joint development of a cross-chain protocol connecting Ethereum, Binance Smart Chain, and local DLT frameworks.
  • Institutional Custody Solutions: Licensed trust entities under Fosun’s umbrella will offer insured cold-storage services for professional investors.
  • Regulatory Cooperation: Partnership includes a liaison with the Hong Kong SFC to ensure compliance with the new Virtual Assets Service Provider (VASP) regime.

Opinion. Asia remains a hotbed for blockchain innovation, but regulatory fragmentation poses hurdles. Vaulta’s alliance with Fosun exemplifies public-private synergy—combining local market expertise, financial strength, and technical know-how to anchor the city’s digital asset ambitions.


4. Transforming Online Gaming: Blockchain’s Next Frontier

Overview. TronWeekly examines how blockchain technologies—especially NFTs and decentralized marketplaces—are redefining online gaming economies.
Source: TronWeekly

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Detailed Analysis. Key trends driving gaming’s blockchain revolution:

  • Play-to-Earn Economies: Games like Axie Infinity and emergent titles use tokenized rewards and NFT-based assets to create real-world value for players.
  • Decentralized Marketplaces: Platforms such as Enjin and Immutable X offer gas-free trading environments for in-game items, enhancing liquidity.
  • Cross-Game Asset Portability: Standards like ERC-1155 enable items to move seamlessly between compatible titles, fostering interoperability.

Opinion. Gaming is blockchain’s killer app. Beyond speculative hype, tokenization can democratize game economies, allowing genuine ownership and secondary markets. Developers must, however, tackle scalability and user onboarding frictions—layer-2 solutions and intuitive wallets are essential for mass adoption.


5. Credit Unions Embrace Blockchain for Trustworthy Financial Services

Overview. AP’s business coverage highlights several US credit unions piloting blockchain-based platforms to enhance transaction transparency, reduce settlement times, and cut cross-border remittance fees.
Source: AP News

Detailed Analysis. Examples of credit union blockchain pilots:

  • Consortium-Led DLT: A consortium of midwestern credit unions uses a permissioned Hyperledger Fabric network to settle inter-credit-union payments in near real-time.
  • Remittance Solutions: Deployment of Stellar-based rails reduces remittance costs by up to 60%, benefiting diaspora communities.
  • Member Identity Management: Verifiable credential systems streamline KYC processes, reducing onboarding time from days to hours.

Opinion. As community-focused institutions, credit unions can leverage blockchain to reassert their value proposition—offering cost-effective, transparent services that rival large banks and fintechs. Success will hinge on member education and seamless integration with legacy core banking systems.


Central Themes

Today’s dispatch reveals five core themes:

  1. Regulatory Engagement: From FT’s analysis to Hong Kong’s VASP regime, clear rules underpin institutional and retail growth.
  2. Infrastructure Control: Signing Day Sports’ acquisition and Vaulta’s Fosun partnership demonstrate the premium on reliable blockchain rails.
  3. Economic Innovation: Play-to-earn gaming and credit union pilots show tokenization’s real-world impact.
  4. Interoperability Focus: Cross-chain protocols and ERC-1155 standards drive seamless Web3 experiences.
  5. Market Confidence: Institutional adoption and compliance frameworks foster long-term trust.

 


Conclusion

In today’s Blocks & Headlines, we see blockchain’s evolution from experimental playground to enterprise-grade infrastructure: regulators clarify, institutions invest, communities adopt, and developers innovate. Whether you’re tracking regulatory shifts, infrastructure deals, gaming revolutions, or financial cooperatives, the decentralized ledger continues to reshape industries.

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Join us tomorrow for Blocks & Headlines, where we continue to unpack blockchain’s latest breakthroughs—one block at a time.

 

The post Blocks & Headlines: Today in Blockchain – May 29, 2025 (Vaulta, Fosun, Signing Day Sports, Credit Unions, Gaming Innovations) appeared first on News, Events, Advertising Options.

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XDC Network Partners with Bitso Business to Power Cross-Border Payments from the U.S. to Mexico

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