OKEx reveals over 300% growth in trading volumes this year

VICTORIA, Seychelles, Nov. 17, 2021 (GLOBE NEWSWIRE) — OKEx "" a top cryptocurrency exchange and DeFi ecosystem "" today reported 308% growth in total trading volumes over the past year. OKEx's total trading volume of all listed assets grew from $1.8 trillion in October 2020 to $7.4 trillion as of October 2021.

Breaking down this massive growth, perpetual swap products on OKEx saw the highest increase, with trading volume growing by 455% year–over–year. Cryptocurrency spot and futures products also saw impressive growth in terms of trading volumes "" up 365% and 209%, respectively.

In October 2021, BTC, DOGE, SHIB, OKB, ETH and SOL were among the top–10 assets with the highest trading volumes on OKEx spot markets. Total spot trading volumes for the 10 assets combined reached a monthly high of over $6.5 billion, which reflects increasing industry–level interest in dog–themed memecoins, as well as decentralized finance.

OKEx's notable growth in trading volumes is accompanied by the firm's market–leading push into the DeFi, GameFi and nonfungible token (NFT) spaces. This fall, OKEx launched a DeFi mode on both its website and mobile app, featuring a bespoke Web 3.0 wallet, as well as an NFT Marketplace and play–to–earn crypto gaming center. The platform also recently launched an advanced trading feature, portfolio margin, specifically designed to improve capital efficiency for professional and institutional traders.

"We are extremely pleased to witness this positive growth trajectory over the past year," said OKEx CEO Jay Hao, adding:

"This would not have been possible without the support from our valued customers "" the trusted OKEx family. In the past year, we upheld our commitment to better serve our customers with the launch of various offerings, including the new DeFi mode on OKEx, which includes a self–custodial, decentralized wallet, as well as an NFT Marketplace and blockchain game center.

To cater to institutional and professional traders, a CME–like portfolio margin system was introduced as part of our efforts to build the world's most powerful trading platform for crypto traders. As we celebrate our fourth anniversary, we look forward to expanding our offerings and further growing our family in the global markets."


GLOBENEWSWIRE (Distribution ID 8396229)

NetSfere and Deutsche Telekom Partner to Deliver a Compliant Mobile Messaging Platform Enabling Instantaneous, Secure Staff Communication for Germany’s St. Augustinus Group

CHICAGO, Nov. 17, 2021 (GLOBE NEWSWIRE) — NetSfere, a global provider of next–generation secure and compliant messaging and mobility solutions, today announces its partnership with Deutsche Telekom, one of the world's leading integrated telecommunications companies, to deploy NetSfere's secure mobile messaging platform in all St. Augustinus hospitals, a leading German healthcare group.

Quick, instantaneous communication tools offer undisputed benefits to streamline staff communication, however, St. Augustinus noticed an alarming increase in the use of personal devices and popular messaging apps like WhatsApp, which pose critical privacy and compliance risks. In response, NetSfere and Deutsche Telekom partnered to implement NetSfere's HIPAA and GDPR compliant messaging platform that offers similar functionality to apps like WhatsApp but provides the highest level of end–to–end encryption through Deutsche Telekom's highly secure data center.

“NetSfere is designed to meet security and compliance requirements in regulated verticals including healthcare,” says Franz Obermayer, NetSfere's Vice President Europe. “Medical professionals do high–pressure, life–changing work, which demands a communication platform that enables them to do so more effectively. Our partnership with the St. Augustinus Group provides secure, compliant, and flexible messaging options that eliminate the need for staff members to turn to risky messaging apps. With NetSfere, the exchange of patient data is protected to the maximum.”

Unlike consumer–grade messaging apps, NetSfere provides enterprise–grade functionalities that boost collaboration and streamline communications including individual and group messaging, HD audio calling, screen sharing, and group video calling. New to the platform, the NetSfere Lifeline emergency broadcast feature allows HR and crisis teams to quickly disseminate high priority, critical alerts and emergency information to targeted teams or an entire organization in an attention–grabbing manner. St. Augustinus is leveraging NetSfere broadcasting within its hospital to keep employees up–to–date on information related to the pandemic through its "Corona Ticker" NetSfere Lifeline channel.

“In the sensitive medical environment, it must be possible to communicate quickly and securely. NetSfere is the specialist for instant messages in companies. Telekom brings its expertise in security, consulting, and service. Together, we can meet the special industry requirements, and that is quite crucial right now,” says Hagen Rickmann, Managing Director Business Customers, Telekom Deutschland GmbH. “In this way, we can directly contribute to relieving the burden on staff and support optimal patient care.”

"It is our responsibility to equip our employees with suitable tools. They must be able to do their work effectively. At the same time, the privacy of our patients must be protected,” says Rainer Pappert, Managing Director of the St. Augustinus Group. “With the introduction of NetSfere, we followed the wishes of our employees: They want to use their personal devices. And they want to do so with an easy–to–use messaging app. So, we quickly introduced NetSfere for internal communication. With it, we quickly achieved better productivity and collaboration. Between teams, but also within our entire group. And that's about 5,600 colleagues.”

St. Augustinus was drawn to using NetSfere as a solution for its staff not only because of its robust functionality, but also its industry recognition. In 2018 and 2019, NetSfere was selected by Entscheiderfabrik, a platform for IT decision makers of over 800 German hospitals, as the winner of the "Digitization Topic of the German Healthcare Industry."

"Key highlights from our recently published VoTE: Digital Pulse, Business Reinvention & Transformation 2021 show that information security, employee productivity and business continuity remain top of mind for IT decision–makers," said Ral Castan–Martinez, Senior Analyst for Workforce Collaboration at 451 Research, part of S&P Global Market Intelligence division. These factors will drive market requirements for business communications and collaboration, particularly for mobile, remote/hybrid and frontline workers across verticals and use cases such as field workers and healthcare providers."(1)

For more information, visit www.netsfere.com.

1. 451 Research, part of S&P Global Market Intelligence division, "The hybrid workplace, Part 3: Emerging requirements and use cases for real–time communications and collaboration" (August 2021)

About NetSfere
NetSfere is a secure enterprise messaging service and platform from Infinite Convergence Solutions, Inc. NetSfere provides industry–leading security and message delivery capabilities, including global cloud–based service availability, device–to–device encryption, location–based features and administrative controls. The service is also offered in partnership with Deutsche Telekom GmbH, one of the world's leading integrated telecommunications companies, and with NTT Ltd., a global information communications & technology service provider, to jointly offer NetSfere to its worldwide customers. The service leverages Infinite Convergence's experience in delivering mobility solutions to tier 1 mobile operators globally and technology that supports more than 400 million subscribers and over a trillion messages on an annual basis. NetSfere is also compliant with global regulatory requirements, including GDPR, HIPAA, Sarbanes–Oxley, ISO 27001 and others. Infinite Convergence Solutions has offices in the United States, Germany, India and Singapore. For more information, visit www.netsfere.com.

About Deutsche Telekom
Deutsche Telekom is one of the world's leading integrated telecommunications companies, with some 242 million mobile customers, 27 million fixed–network lines, and 22 million broadband lines. We provide fixed–network/broadband, mobile communications, Internet, and IPTV products and services for consumers, and information and communication technology (ICT) solutions for business and corporate customers. Deutsche Telekom is present in more than 50 countries. With a staff of some 226,300 (Dec 31, 2020) employees throughout the world, we generated revenue of 101 billion Euros in the 2020 financial year, about 66 percent of it outside Germany.

About St. Augustinus Group
The Christian non–profit St. Augustinus Group is one of the largest and most successful companies in the health and social sector in the Rhineland. Its focus is on somatics, psychiatry, and elderly and disabled assistance. The group has 3,000 beds, over 5,600 employees from 68 nationalities, in 85 locations and a turnover of around 345 million euros (2019).

Media Contact
Brittany Johnson
Uproar PR for NetSfere
bjohnson@uproarpr.com
312–878–4575 x246

A video accompanying this release is available at:

https://www.globenewswire.com/NewsRoom/AttachmentNg/d49c9ba2–b23b–490d–8c39–7cf18d6933df


GLOBENEWSWIRE (Distribution ID 8396223)

Dickey’s Barbecue Pit Expands in Egypt

Dallas, Texas, Nov. 17, 2021 (GLOBE NEWSWIRE) — Dickey's Barbecue Pit's international expansion continues to move strong into the Middle East with the introduction of the newest location in Cairo, Egypt. The world's [...] Read more »