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Currencies

Ringgit ends marginally higher amid global trade tensions

KUALA LUMPUR: The ringgit closed marginally higher against the US dollar today, driven by a weaker greenback amid global trade tensions, said an analyst. Bank Muamalat Malaysia Bhd chief economist Afzanizam Rashid said the situation with the US tariff remains highly fluid as Chinese president Xi Jinping visited the Asean countries this week. “The weakening of the greenback was surprising as the US dollar, a safe-haven currency, would normally thrive during heightened uncertainties. “Such dynamics would complicate how traders and investors would position themselves in times like this,” he told...
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TVP AND DEMAND POOL ANNOUNCE UPCOMING LAUNCH OF FIRST STRATUM V2 BITCOIN MINING POOL AND CLOSING OF VENTURE CAPITAL INVESTMENT

AUSTIN, Texas, March 18, 2025 /PRNewswire/ -- DMND ("Demand Pool"), the world's first Stratum V2 Bitcoin mining pool, announced the opening of the application for miners to join DMND as launch partners today. Successful applicants will benefit from a 0% fee for an initial two-month period, as well as a special two-year founding miner agreement. DMND also announced its venture capital financing that took place in Q4 2024, led by Trammell Venture Partners ("TVP"). Stratum V2 enhances Bitcoin's decentralization and privacy by enabling miners to construct their own block templates....