Day: June 19, 2023

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CertiK is Awarded $500K Bounty for Discovery of Major Security Threat on Sui Blockchain

New York, June 19, 2023 (GLOBE NEWSWIRE) — CertiK, a global pioneer in blockchain security, was awarded a $500K bounty by Sui for the discovery of a new type of security threat. The threat, codenamed “HamsterWheel”, had the potential to disrupt the entire Sui Layer one chain.

Differing from traditional attacks that shut down chains by crashing nodes, the HamsterWheel attack traps all nodes in a state of ceaseless operation without processing new transactions, as if they were running on a hamster wheel. This strategy can cripple entire networks, effectively rendering them inoperable.

CertiK reported this critical vulnerability to Sui ahead of their mainnet launch and received confirmation from Sui about the potential damages the HamsterWheel attack could inflict on the network. Recognizing the gravity of the situation, Sui swiftly implemented solutions to mitigate the potential harm of such attacks. Fixes have already been rolled out to ensure the security of the SUI network.

In appreciation of CertiK’s pivotal discovery, Sui has paid out a $500,000 reward for this critical finding. This gesture underscores the value of proactive cybersecurity efforts, bug bounty programs, and the importance of fostering a secure and resilient blockchain ecosystem.

“The discovery of the HamsterWheel attack demonstrates the evolving sophistication of threats to blockchain networks. At CertiK, we are dedicated to staying at the forefront of security developments to ensure the safety and reliability of the Web3 world,” said Kang Li, Chief Security Officer at CertiK.

This incident highlights the necessity of robust security measures and preemptive threat identification in the rapidly developing blockchain space. It reiterates CertiK’s commitment to securing the web3 world through cutting-edge technologies and best-in-class security services.

About CertiK

CertiK is a pioneer in blockchain security, leveraging best-in-class AI technology to protect and monitor blockchain protocols and smart contracts. Founded in 2018 by professors from Yale University and Columbia University, CertiK’s mission is to secure the web3 world. CertiK applies cutting-edge innovations from academia to enterprise, enabling mission-critical applications to scale with safety and correctness.

One of the fastest-growing and most trusted companies in blockchain security, CertiK is a true market leader. To date, CertiK has worked with nearly 4,000 enterprise clients, secured over $360 billion worth of digital assets, and has detected nearly 70,000 vulnerabilities in blockchain code. Our clients include leading projects such as Aave, Polygon, Binance Smart Chain, Yearn Finance, and Chiliz.

​CertiK is backed by Insight, Partners, Sequoia, Tiger Global, Coatue Management, Lightspeed, Advent International, SoftBank, Hillhouse Capital, Goldman Sachs, Coinbase Ventures, Binance, Shunwei Capital, IDG Capital, Wing, Legend Star, Danhua Capital and other investors.

About Sui

Sui is the first Layer 1 blockchain designed from the ground up to enable creators and developers to build experiences that cater for the next billion users. Sui is horizontally scalable to support a wide range of dApp development with unrivaled speed at low cost. The first-of-its-kind platform brings users a general-purpose blockchain with high throughput, instant settlement speeds, rich on-chain assets, and user-friendly web3 experiences. Learn more: https://sui.io

Hari Govindarajan 
PR & Comms Specialist, Luna PR 
hari@lunapr.io

GlobeNewswire Distribution ID 1000825963

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New solutions urgently needed to tackle smoking worldwide: experts to convene in Poland at the Global Forum on Nicotine

GFN23

Tobacco harm reduction can hasten an end to smoking-related death and disease. Copyright-free photo by Mathew MacQuarrie on Unsplash.

WARSAW, Poland, June 19, 2023 (GLOBE NEWSWIRE) — International public health specialists, scientists, doctors, regulators, consumers and manufacturers are convening this week in the Polish capital to discuss new ways of tackling global smoking-related death and disease. Over four days, 70 speakers and hundreds of delegates at the tenth annual Global Forum on Nicotine (21 – 24 June) will focus on tobacco harm reduction, which encourages adults who cannot quit smoking to switch to safer nicotine products.

Despite decades of tobacco control efforts, a billion people still smoke worldwide, with eight million smoking-related deaths each year. Four in five smokers live in low- and middle-income countries, least able to cope with the resulting burden of disease, and smoking is a major cause of health inequalities in higher income countries. The thousands of toxins released when tobacco burns cause smoking-related diseases, not nicotine, which is a comparatively low-risk substance.

Vapes (e-cigarettes), pasteurised snus, nicotine pouches and heated tobacco products enable people to use nicotine without burning tobacco, significantly reducing health risks compared to continued smoking. Global estimates suggest 112 million people use these products, despite inconsistent regulation and outright prohibition in some countries. Smoking prevalence is falling faster where these products are available and appropriately regulated, such as in the UK, Sweden, Japan and New Zealand.

GFN23 will tackle the opportunities and challenges of tobacco harm reduction, including the development of regulatory systems that enable adult smokers to access safer products, while reducing youth uptake. Open to all, free live-streamed sessions from the event, translated from English to Spanish and Russian, will cover the last decade of science around safer nicotine products and their efficacy in smoking cessation, the environmental impact of safer products in comparison to combustible cigarettes and the detrimental impact of moral stances and ideology on science and regulation.

While it supports harm reduction for HIV/AIDS prevention and substance use, the World Health Organization opposes harm reduction for tobacco. Ibero-American experts at GFN23 will discuss the upcoming WHO Framework Convention on Tobacco Control COP10 in Panama this November, where decisions on the future of safer nicotine products may have grave implications for global public health.

Ahead of GFN23, Gerry Stimson, Emeritus Professor at Imperial College London and the event’s co-founder, called for international tobacco control leaders to adopt rational and pragmatic approaches that prioritise saving lives: “Ideology must be set aside and people must be supported to quit by all available means.”

The Global Forum on Nicotine (GFN) is the only international conference to focus on the role of safer nicotine products that help people switch from smoking, in an approach called tobacco harm reduction. Find out more and register to watch online sessions free at https://gfn.events/

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/feaca847-b6e8-4140-9da8-e5658737df26

Ruth Goldsmith, GFN23 Communications Lead
ruth@gfn.events
https://gfn.events/

GlobeNewswire Distribution ID 1000825970

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Automotive: Polytechnic University of Milan to test self-driving Maserati on 1000 Miglia 2023 track

Automotive: Polytechnic University of Milan to test self-driving Maserati on 1000 Miglia 2023 track

The Politecnico di Milano, i.e. the Polytechnic University of Milan, is ready for an important step in the field of research and testing of autonomous cars on public roads.

MILAN, Italy, June 19, 2023 (GLOBE NEWSWIRE) — The Politecnico di Milano, i.e. the Polytechnic University of Milan, is ready for an important step in the field of research and testing of autonomous cars on public roads. As part of the ‘1000 Miglia Autonomous Drive’ (1000-MAD) project – whose protagonist is the self-driving car set up by the Milan university and presented on June 11 at the 1000 Miglia Village in Brescia – the brand-new Maserati MC20 Cielo, equipped by the university’s research team with all the technological components required to make it autonomous, will take on the complete route of the 1000 Miglia 2023, driving some stretches in self-driving mode, while respecting traffic and road safety rules.

This test will allow the development of autonomous driving technology. “That is, all the automation and artificial intelligence algorithms capable of replacing the human driver, on a vast number of real-life situations and types of roads, encompassed by the traditional 1000 Miglia route,” commented project leader Sergio Savaresi, Professor of Automation at the Politecnico di Milano. Savaresi expressed his satisfaction at having obtained authorisation for the test, which represents “a very important milestone for the project after almost a year of work.”

This is only the initial phase of the project, a phase that will be followed by a year of intense experimentation and refinement of the technology, with the aim of achieving – by the time of the 1000 Miglia 2024 – the ability to cover the entire 1,500-plus kilometre route in full self-driving mode. The role of ‘supervisor’ on board the car (a prerequisite for carrying out the experimentation) will be entrusted to Matteo Marzotto, grandson of Giannino Marzotto, who won the 1953 edition of the 1000 Miglia 70 years ago.

“With this project, the Politecnico di Milano positions itself as a pioneer in the field of self-driving car technology, for the benefit of the entire national and international scientific and industrial community, with the ultimate aim of making an important contribution towards new models of sustainable mobility,” commented Donatella Sciuto, Rector of the Politecnico.

For more information:
Press Office LaPresse – ufficio.stampa@lapresse.it

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/4495e8cd-4249-4ff3-a27d-793f66f67e3f

The photo is also available at Newscom, www.newscom.com, and via AP PhotoExpress.

GlobeNewswire Distribution ID 8860372

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Kiplin Metals Comments on Uranium Spot Price Trends

Map of Kiplin and F3 Uranium Property Boundary

The CLR Project is 5 km east of the Cluff Lake Road (Hwy 955), which leads to the historic Cluff Lake Mine, which historically produced approximately 62,000,000 lbs of yellowcake uranium.

VANCOUVER, British Columbia, June 19, 2023 (GLOBE NEWSWIRE) — Kiplin Metals Inc. (TSX-V: KIP) (the “Company” or “Kiplin”) would like to provide its outlook on the significant price increase observed in the uranium market. The spot price of U3O8 uranium has surged more than 120% since the beginning of 2020.

The Company acknowledges the positive impact of this price upturn, which reflects the growing global demand for clean and sustainable energy sources. As the international community focuses on transitioning towards a low-carbon future, nuclear energy remains pivotal in meeting the world’s increasing energy needs while reducing greenhouse gas emissions. This renewed interest in nuclear power has spurred a strong demand for uranium.

Kiplin believes that the recent surge in uranium prices indicates favourable market conditions and affirms the potential and importance of the uranium sector. As a company specializing in uranium exploration, this trend bolsters our confidence and highlights the attractiveness of our Cluff Lake Road (CLR) uranium project in Saskatchewan.

The Company’s exploration efforts in the Athabasca Basin have been guided by the understanding that uranium is vital to the world’s clean energy future. The recent price surge reinforces our conviction in the long-term prospects of the uranium market and strengthens our commitment to advancing our Cluff Lake Road and delivering value to our shareholders.

Dr. Peter Born, Director of Kiplin, commented, “The substantial increase in the price of uranium demonstrates the growing recognition of nuclear power as a key solution for achieving sustainable energy goals. At Kiplin, we are well-positioned to capitalize on this positive market sentiment. We will continue our diligent exploration efforts, leveraging the rising uranium price to maximize the value of our assets and contribute to the global clean energy transition.”

Kiplin remains focused on advancing the Cluff Lake Road project and is committed to responsible exploration and development practices. The Company is committed to upholding the highest environmental and social standards as it contributes to the growth and sustainability of the uranium industry.

About Kiplin Metals Inc.
Kiplin Metals Inc. is a mineral exploration company. We create value for our shareholders by identifying and developing highly prospective mineral exploration opportunities. Our strategy is to advance our projects from discovery o production, allowing Kiplin to achieve exceptional shareholder value through the entire life-cycle of mining.

Map of Kiplin and F3 Uranium Property Boundary

Cluff Lake Road Uranium Project. Kiplin has the right to earn a one-hundred percent interest in the Cluff Lake Road Uranium Project (the “CLR Project”). The CLR Project covers ~531 ha in the southwestern Athabasca Basin in northern Saskatchewan, where several new discoveries have been made, including the Arrow and Triple R Uranium deposits. The CLR Project is 5 km east of the Cluff Lake Road (Hwy 955), which leads to the historic Cluff Lake Mine, which historically produced approximately 62,000,000 lbs of yellowcake uranium.

For further information, contact the Company at info@kiplinmetals.com or 604-622-1199 or visit the Company’s website at www.kiplinmetals.com.

On behalf of the Board,

Kiplin Metals Inc.

“Peter Born”
Director

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release may include forward-looking statements that are subject to risks and uncertainties. All statements within, other than statements of historical fact, are to be considered forward looking. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. There can be no assurances that such statements will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. We do not assume any obligation to update any forward-looking statements except as required under the applicable laws.

Contact Data

CONTACT:

MRKT360 INC

https://mrkt360.com

Alex Zertuche

alexz@mrkt360.com

For E.S.T Office Hours, Call 1 416-477-0587

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/aabdac10-161c-4707-baed-d2d982af0c5e. 

GlobeNewswire Distribution ID 8859828

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Hoiana Resort & Golf Wins Third Place in Integrated Resorts Category at T+L Luxury Awards Asia Pacific 2023

Hoiana Resort & Golf

Hoiana Resort & Golf, situated along the 4km pristine coast in Central Vietnam, is the only integrated resort in Vietnam to win its third place in the T+L Luxury Awards Asia Pacific 2023.

HOI AN, Vietnam, June 18, 2023 (GLOBE NEWSWIRE) — Hoiana Resort & Golf, Vietnam’s premier beachfront integrated resort, is thrilled to announce its remarkable achievement of securing the third place in the Integrated Resorts category at the esteemed T+L Luxury Awards Asia Pacific 2023, presented by Travel + Leisure. This accolade recognizes Hoiana Resort & Golf as the premier integrated resort in Vietnam, delivering exceptional product offerings and services to the discerning luxury travelers.

As the sole integrated resort in Vietnam to be featured among the award recipients, Hoiana Resort & Golf shines as a pinnacle of luxury hospitality in the region, amid keen competition among integrated resorts in Macau, Singapore, Malaysia, and the Philippines. Our expansive array of offerings encompasses four distinct hotel brands, over ten exceptional restaurants and bars, and the pride of hosting Vietnam’s number one golf course, acclaimed as one of the World’s Top 100 courses.

This prestigious recognition motivates us to elevate the guest experience to unprecedented heights. We remain dedicated to expanding our product offerings and curating world-class events to further enhance the satisfaction of our esteemed guests. Our commitment lies in surpassing every expectation and creating indelible memories for all who choose to embark on an extraordinary journey with us.

“We extend our heartfelt gratitude to all the voters and Travel + Leisure SEA for bestowing upon us this incredible honor. This achievement stands as a testament to the unwavering dedication and passion exhibited by our entire team. We are immensely proud and inspired to take our offerings to new horizons, exceeding the expectations of every cherished guest,” expressed Steve Wolstenholme, President & CEO of Hoiana Resort & Golf.

The Travel + Leisure Luxury Awards Asia Pacific 2023 celebrates the epitome of hospitality across the region, recognizing outstanding destinations and experiences. Nominees were carefully selected by the T+L SEA team of editors and expert contributors, ensuring an impartial evaluation. Voting was open to individuals worldwide until April 30, 2023, without any influence from pay-to-play practices.

We cordially invite you to embark on a truly unforgettable holiday at Hoiana Resort & Golf. Discover more about our extraordinary offerings and plan your visit by visiting our website at www.hoiana.com.

Appendix: Photo Gallery:

Hoiana Resort & Golf, situated along the 4km pristine coast in Central Vietnam, is the only integrated resort in Vietnam to win its third place in the T+L Luxury Awards Asia Pacific 2023.

Hoiana Resort & Golf, situated along the 4km pristine coast in Central Vietnam, is the only integrated resort in Vietnam to win its third place in the T+L Luxury Awards Asia Pacific 2023.

About Hoiana Resort & Golf:
Hoiana Resort & Golf, Vietnam’s pre-eminent luxurious integrated resort, is located on the pristine coastline near the UNESCO World Heritage Site in Hoi An, Vietnam. The stunning 4-kilometer beachfront complex has four luxury hotels – the Hoiana Hotel & Suites with 141 beautifully appointed suites, New World Hoiana Hotel welcoming guests with 476 guestrooms, New World Hoiana Beach Resort boasting 330 elegantly and sustainably designed rooms and suites and Rosewood Hoi An (future opening). A home away from home, Hoiana Residences opened its 270 luxuriously and spaciously appointed apartments overlooking lush gardens or the East Sea.

The integrated resort is also home to more than 10 world-class restaurants serving over 12 types of cuisines, from authentic Vietnamese, Korean, Chinese, and international flavors. It also provides cutting-edge gaming entertainment with over 140 tables and 300 electronic games offering a variety of exhilarating gaming options.

The resort also boasts a magnificent 18-hole golf course designed by Robert Trent Jones Jr., the Hoiana Shores Golf Club. The 71-par links course offers one of the most compelling golf experiences in South East Asia and challenges players with a rewarding game. The clubhouse, spanning over 6,000 sq.m., is set to be one of the largest clubhouses in Asia and hosts a comprehensive suite of facilities. The course was awarded “Best Golf Course in Vietnam 2022” and “Top 10 Best Golf Course in Vietnam 2022” by Vietnam Golf & Leisure Awards and recently placed 15th among the ‘Top 100 Golf Courses in Asia’ in an accolade jointly organized by Golf Travel Korea and Golf Travel China, recognizing excellent golf courses and promoting golf culture across the Asian continent. Highly regarded as the “Oscars” of the global golf club industry, the Asian Golf Awards honoured Hoiana Resort & Golf as the “Best Golf Resort in Asia Pacific” and awarded Hoiana Shores as the “Best Golf Course in Vietnam” in Nov 2022.

Hoiana has completed its first phase of an overall $4 billion development project, encompassing 1000-hectares of land just south of Hoi An, Quảng Nam. With an ambitious development plan in the pipeline, Hoiana will continue to set a new benchmark for luxurious tourism in Vietnam while balancing its cultural heritage, to bring economic prosperity and opportunity to the central province of Quang Nam.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/d89970bf-501a-42de-8d1d-974d31e986f9

Media contact:
Ms. Michelle Wong
Director, Brand Communications
E: michelle.w@hoiana.com

GlobeNewswire Distribution ID 8860155

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Hurdles remain on HCM City’s way to yearly growth target

Ho Chi Minh City is facing challenges to realise its yearly growth target of 7.5%, as the rates recorded in the first and second quarters failed to meet expectations.

In the first three months of this year, the growth of the country’s biggest economic locomotive dropped significantly, even below expectations of experts.

In the second quarter, its gross regional domestic product (GRDP) grew some 5.87%, higher than the 0.15% recorded in the same period last year, raising the city’s six-month GRDP growth to 3.55%, which was however still lower than the 3.82% of the corresponding time in 2022, according to deputy head of the municipal Statistics Office Tran Phuoc Tuong.

Local exporters, including those in the leather-footwear sector, are encountering a host of challenges.

Vice President of the HCM City Leather and Footwear Association Nguyen Van Khanh said leather-footwear exporters are facing a severe lack of orders, and many are struggling to stay afloat.

Meanwhile, about 10-20% of the Association of Garment, Textile, Embroidery and Knitting in HCM City (AGTEK) members have no choice but to leave the market, its President Pham Xuan Hong said.

Experts pointed to major challenges relating to export market, declining domestic consumption and the increasing number of enterprises withdrawing from the market.

In the first five months of this year, up to 18,243 businesses quit the market in HCM City, a gloomy sign for the local economic development.

To deal with the situation, the city has rolled out a bunch of solutions to spur economic growth and stimulate domestic consumption, said Director of the municipal Department of Industry and Trade Bui Ta Hoang Vu.

He also suggested launching more promotion programmes this summer to stimulate domestic consumption, saying this is also a solution to be pursued by the tourism sector in the time ahead.

Director of the State Bank of Vietnam (SBV) in HCM City Vo Minh Tuan noted that some commercial banks are now ready to ensure businesses’ access to credit loans.

Chairman of the municipal People’s Committee Phan Van Mai stressed that the city has identified public investment disbursement as a key task, contributing to supporting the local economic growth in the second half of this year.

The disbursement rate is expected to stand at 35% at the end of this month, he said, adding that the city will also optimise its special mechanisms and policies to attract investments in transport and urban infrastructure, and boost the development of other sectors./.

Source: Vietnam News Agency