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Terra Classic to Stop Minting USTC, An Ethereum Whale Invests $4M In Chainlink, Borroe.Finance Rises 50%

Blockchain Digest

Terra Classic plans to get $USTC back to its dollar peg. Now, analysts speculate on the difficulty of executing that. Elsewhere, Chainlink's recent partnerships in Australia could be behind the recent $4 million $LINK purchase. Yet, Borroe.Finance's ($ROE) approach to revenue financing is stealing the spotlight. Some analysts say $ROE's recent 50% growth could make it one of the top crypto coins. Are these projections realistic? Let's discuss. >>BUY $ROE TOKENS NOW<< Terra Classic ($USTC) Votes on Game-changing Proposal On September 25, 2023, Terra Classic's community voted on a proposal to push $USTC back to its $1 peg. $USTC lost its dollar peg after Terra's collapse in May 2022. The proposal will halt all minting and reminting of $USTC. The conversion of xUST to $USTC would also cease. Terra, now Terra Classic, was one of the largest stablecoin issuers until its famous collapse in May 2022. Its collapse followed $USTC’s de-pegging, which then caused Terra to lose over $60 billion. If Terra Classic's plans are successful, $USTC will gain increased adoption once it reaches $1 again. $USTC's recovery could also make Terra Classic one of the top DeFi projects again. Whale Invests $4 Million in $LINK After Chainlink's Tokenization Partnership On September 23, 2023, LookOnChain revealed that an Ethereum whale had purchased $4 million worth of $LINK tokens. The purchase mirrors Chainlink's ($LINK) rising whale activity in the past few weeks. Furthermore, it follows Chainlink's recent partnership with a major Australian bank to collaborate on a tokenization program. Chainlink also announced a partnership with Coin98 Labs to expand DeFi services in Southeast Asia. The rise in Chainlink's whale activity comes as $LINK has sharply risen despite the current bear market. $LINK was trading at $5.93 on September 1. By September 25, it had risen by 26.1% to $7.48, two days after Chainlink’s $4 million whale activity. And one week later LINK stands at $7.78 Moreover, Chainlink ($LINK) is looking to expand its services outside America and Europe. The partnership with Coin98 Labs will boost Chainlink’s ($LINK) DeFi user count in Asia. Some analysts say $LINK's rise is due to Chainlink's growing collaborations. These analysts conclude that $LINK could rise to $8.76 when the market recovers from its bearishness. Borroe.Finance ($ROE): Upgrading Invoice Finance Via Artificial Intelligence Borroe.Finance is a blockchain-based solution to the problem of inadequate funding avenues for Web 3.0 firms. Built on Polygon, Borroe.Finance is a community marketplace for the smooth disbursement of timely loans. The platform provides funding for its users by allowing them to sell off their future earnings on its marketplace. >>BUY $ROE TOKENS NOW<< Borroe.Finance ($ROE) uses blockchain technology to grant wider visibility to loan requests on its platform. This ensures that companies have a higher chance of getting their loan requests approved. Furthermore, Borroe.Finance is an easy way for users to invest in low-risk opportunities with high profit margins. Each Borroe.Finance ($ROE) member is entitled to low costs, instant funding, and special marketplace rewards. Furthermore, members can access on and off-ramp crypto and fiat payment solutions. With its unique services and strong market projections, Borroe.Finance could easily become one of the best DeFi crypto projects. $ROE is already in Stage 2 of its presale, costing $0.0150. It has already grown by 50% from its initial price of $0.0100. By Stage 3 of its presale, $ROE would have risen by 33.3% to reach $0.0200. And it doesn’t end there. Projections highlight $0.0400 as the final price for the presale, meaning current buyers will benefit from 167% ROI. This surge far exceeds the numbers of Terra Classic and even the popular Chainlink for 2023. Learn more about Borroe.Finance ($ROE) here: Visit Borroe.Finance Presale | Join The Telegram Group | Follow Borroe.Finance on Twitter Contact Details Borroe.Finance noreply@borroe.finance

October 02, 2023 10:48 AM Eastern Daylight Time

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Blockchain Digest

After Binance NFT ended Polygon support, $MATIC has been sliding continuously. Yet, Borroe.Finance ($ROE) keeps rising as more investors buy into Stage 2 of its presale. Elsewhere, Shiba Inu has recorded many use cases and adoptions in recent weeks, but $SHIB is still struggling. Can Polygon and Shiba Inu find their footing to compete with Borroe.Finance? >>BUY $ROE TOKENS NOW<< Polygon looks towards recovery The NFT market's value decline has led many owners to cease trading, a trend observed by prominent data analysis platforms. In a September 8, 2023 statement, Binance revealed its intention to discontinue support for Polygon ($MATIC) NFTs. Although the specific reason for eliminating Polygon ($MATIC) NFTs remains undisclosed, Binance NFT cited a desire to streamline its product offerings on the platform. In recent months, users have been shifting from Ethereum ($ETH) due to its high fees and would prefer Polygon's ($MATIC) network. This delisting appears to have hit Polygon ($MATIC), significantly pushing it downwards. Despite this setback, Polygon ($MATIC) remains innovative and has ambitious plans for Ethereum scaling in Polygon 2.0. It aims to become the industry's fastest blockchain. Polygon Labs has initiated this transformation, releasing three key Polygon Improvement Proposals (PIPs) to mark the genesis of Polygon ($MATIC) 2.0. On September 26, 2023, $MATIC was trading at $0.5098. Analysts expect $MATIC to rise to $0.6125 by the end of 2023, supported by increased demand as investors buy the current dip. Borroe.Finance ($ROE) Presale Attracts New Investors Borroe.Finance ($ROE) will boost fundraising prospects for Web3 companies. Notably, the platform will offer these firms fair and efficient instant funding solutions. Borroe.Finance ($ROE) uses invoice financing strategies to achieve its targets. It stands unique since invoice financing is absent among top DeFi projects. Acquiring funds on Borroe.Finance ($ROE) is easy because users only need to collateralize their upcoming earnings into fractionalized NFTs. These non-fungible tokens sell at discounted rates on Borroe.Finance's ($ROE) marketplace. Furthermore, users can integrate extra incentives into their NFTs to increase their appeal to potential investors. $ROE token possesses a unique utility within Borroe.Finance’s ecosystem. As the project continues to develop, $ROE will have a central role in shaping its future, presenting massive growth potential and increased utility. Borroe.Finance ($ROE) benefits buyers and sellers with immediate transactions, cost-efficiency, and swift approvals. Additionally, Borroe.Finance ($ROE) incentivizes active users and offers special discounts on transaction costs and marketplace fees. Currently, Borroe.Finance is in Stage 2 of its presale trading at $0.0150, a 50% profit from its Beta Stage price of $0.0100. By the end of the presale, $ROE will trade at $0.0400, a 167% profit from the current price, making it the best crypto investment currently. >>BUY $ROE TOKENS NOW<< Shiba Inu Adopted In Texas, $SHIB Hopes To Reign Again Texans now have the option to pay their solar panel bills using a range of cryptocurrencies, including the well-known meme coin Shiba Inu ($SHIB). This Shiba Inu ($SHIB) payment option became accessible through a partnership between the blockchain payment system FCF Pay and Chariot Energy, a Houston, Texas-based solar energy company. Residents can use Shiba Inu ($SHIB), by following three easy steps. To use this option, individuals must designate the mentioned company as the recipient and provide their billing details (name, email, and residential address). Finally, they should verify the information and submit the required payment. FCF Pay introduced support for Shiba Inu ($SHIB) in April 2022. Several other entities have allowed customers to use Shiba Inu ($SHIB) for payments. One example is the Swiss luxury watchmaker Tag Heuer, which adopted Shiba Inu ($SHIB) in the spring of 2022. Despite these adoptions and developments, Shiba Inu ($SHIB) is still struggling. On September 26, 2023, Shiba Inu ($SHIB) was trading at $0.000007261. Analysts expect $SHIB to rise to $0.000008850 by the end of 2023, supported by the increased adoption rate of the token, making it a good crypto to buy today. Learn more about Borroe.Finance ($ROE) here: Visit Borroe.Finance Presale | Join The Telegram Group | Follow Borroe.Finance on Twitter Contact Details Borroe.Finance media@borroe.finance

October 02, 2023 10:42 AM Eastern Daylight Time

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Binance Japan Partners with MUFJ To Develop Stablecoin, $QUBE Outpaces $UNI As Top-Performing DeFi Token

Web3 AI Media

InQubeta ($QUBE) has emerged as one of the top DeFi projects in the cryptocurrency space, outperforming platforms like Uniswap ($UNI) as its prices grow by close to 100% during one of the most bearish times so far this year in the cryptocurrency space. InQubeta showcases how impactful decentralized finance projects can be as it opens up artificial intelligence (AI) investments with smart contracts, ERC20 coins (commonly called non-fungible tokens), and an Ethereum-based blockchain. It skirts the obstacles that make it almost impossible for a large portion of the global population to use traditional investment services. With InQubeta, anyone with a debit/credit card or a cryptocurrency wallet can buy equity in AI startups on its non-fungible token (NFT) marketplace. Meanwhile, Binance recently partnered with Mitsubishi UFJ Financial Group (MUFG) to develop a new stablecoin based on multiple currencies. The currency will be developed on the Progmat Coin platform, which was developed by MUFG. The platform meets Japan’s rigorous regulations for the issuance and management of stablecoins. Top DeFi projects to invest in: InQubeta ($QUBE) outpaces $UNI Investors who join the $QUBE presale during its beta stage are close to doubling their investment and newcomers can still enjoy 3x returns before the event ends. Over $3.3 million has been raised so far as investors scurry to attach themselves to the first cryptocurrency project that has the potential to be a major player as the artificial intelligence revolution unfolds. Artificial intelligence has come a long way since the days when it was no more than a cool concept showcased in popular sci-fi media. These days, AI concepts many people never expected to materialize are now a reality. Driverless taxi cabs now carry fares in cities like San Francisco and Tesla recently demoed its Optimus humanoid robot performing tasks like sorting different objects autonomously. There’s no question about it; AI is about to transform the world in ways many of us have never imagined. It will disrupt almost every existing industry, creating opportunities for savvy investors to walk away with substantial profits. Thanks to InQubeta, it's now easier than ever to gain access to these opportunities. A new way to invest There are no hurdles to jump over when investing in the InQubeta network. Anyone with a crypto wallet or a credit/debit card can invest by buying $QUBE. The project’s native token is used to buy equity-based NFTs sold by AI startups looking for funding. Investors acquire part ownership of these companies by buying their NFTs, which serve as stocks, on the InQubeta marketplace with $QUBE. The value of ERC20 coins purchased can be monitored in each investor’s InQubeta account and traded on the marketplace whenever they wish. Investing directly in the project by holding or staking $QUBE could earn investors as much as investing in AI startups does. A 1.5 billion $QUBE cap and burn protocols encourage the long-term price of $QUBE. Binance and MUFJ collaborate on new stablecoin The new stablecoin being developed by Binance and MUFJ will be tied to the Japanese yen and incorporate other currencies like the U.S. dollar. This will allow users to use the stablecoin to carry out transactions in multiple currencies. A new stablecoin could end up playing a major role in Binance’s partnership with the Japanese market. It will also help to diversify Japanese financial services. Summary InQubeta is one of the best DeFi projects launched this year and its presale has emerged as one of the most lucrative opportunities. Some analysts have $QUBE prices growing by as much as 100x once launched as it funnels capital to AI startups by making it easier to invest in the technology. Visit InQubeta Presale Join The InQubeta Communities Contact Details Solomon marketing@inqubeta.ai

October 02, 2023 10:32 AM Eastern Daylight Time

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Increased Volatility Could Be Looming For 2024 Election — Here’s One Way Investors Are Looking To Hedge

Benzinga

By Faith Ashmore, Benzinga As we come up on an election year, investors and politicians alike are interested in how it will affect the economy. The stock market generally can experience increased volatility during election years due to the introduction of uncertainty. This may leave investors grappling with the potential outcomes and policy changes that may occur as a result of the election. The campaign period often fuels market fluctuations as investors and companies react to political rhetoric, policy proposals and potential shifts in government leadership. Those looking for less volatility and more stability may want to look at necessity-based commercial real estate. This asset class tends to be largely insulated from the daily swings of the market, and by extension, the volatility that traditionally occurs in election years. Unlike other types of real estate and the traditional stock market, necessity-based (properties that are essential for everyday living — including sectors such as healthcare facilities, grocery stores, multifamily housing and more) properties tend to have consistent demand. This relative stability can help mitigate the risks associated with market fluctuations — and it seems like the current administration will seek to keep interest rates relatively steady through the end of 2024, according to necessity-based real estate firm First National Realty Partners (FNRP). FNRP is a renowned necessity-based real estate firm that has established itself as the leader of the specific industry. The company was the #1 privately-held acquirer of grocery-anchored retail real estate in 2022. With a track record of success, FNRP has established itself as the go-to investment firm for those seeking to navigate the ever-changing market and achieve long-term wealth preservation. With over $2 billion in assets under management, FNRP has consistently demonstrated its ability to deliver results for investors. Their portfolio boasts an impressive 60 current assets held, showcasing their expertise in identifying and acquiring high-quality properties that align with their investment strategy. Since its inception, FNRP has distributed over $100 million to its valued investors – a testament to their commitment to generating returns. Their successful growth is evidenced by the acquisition of over 11.5 million square feet of gross leasable area (GLA) across 23 states, solidifying their nationwide presence and extending their reach to diverse markets. Commercial real estate investments are known for their ability to provide stable cash flows, appreciation potential and risk mitigation through diversification across different properties and tenants — particularly for investors interested in grocery store-anchored properties. Grocery-anchored properties are known for their stability, as these types of properties typically have high occupancy rates and provide regular income from stable tenants. Grocery stores are considered to be a recession-resistant asset class, making them a potentially valuable option for investors who seek the relative stability and safety of income-generating properties. As the election year approaches, we may see the market shift and uncertainty increase. FNRP's strategy of investing in necessity-based, grocery-anchored shopping centers might be a good fit for investors trying to combat potential market volatility. Learn more about FNRP’s upcoming deals here. This post contains sponsored content. This content is for informational purposes only and is not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

October 02, 2023 09:15 AM Eastern Daylight Time

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With 800,000 Customers And Over 26,000 5-Star Reviews On Trust Pilot, Splash Wines Is Reinventing D2C In The Wine Industry

Benzinga

By Faith Ashmore, Benzinga Join Splash Wines on its mission bringing wine to every door by investing in them here! While the e-commerce market has been strong for decades, COVID-19 propelled the direct-to-consumer (D2C) model to the forefront of business’s minds. Consumers have increasingly turned to online shopping for convenience and safety. Brands like BarkBox (NYSE: BARK), Blue Apron (NASDAQ: APRN), and Harry’s are all prime examples. The global subscription e-commerce market is projected to reach $904.2 billion by 2026, with an increase from $72.91 billion in 2021 to $120.04 billion in 2022. With social distancing measures still being followed around the country and consumer behaviors shifting, the ability to have products delivered regularly to the doorstep and tailored to specific preferences or interests has gained significant appeal. While D2C models have seen significant success in various industries, the wine market has been relatively slower to adopt this trend – leaving a considerable amount of untapped potential and white space. Traditionally, purchasing wine has involved visiting physical stores or relying on restaurants and bars for selection. However, by embracing direct-to-consumer models, wine producers and retailers can tap into the vast market of wine lovers who yearn for the convenience, personalization and curated experiences that D2C services and subscription boxes provide. Splash Wines is shedding new light on the luxury market by reimagining D2C in the wine industry. Founded in 2014, Splash Wines is a family business with three generations of experience in the wine industry. They have been at the forefront of the internet wine industry for the past 15 years, which has allowed them to establish themselves as a prominent player in the D2C space. By directly selling to consumers, the company is able to eliminate the need for middlemen and offer wines at competitive prices. With top TrustPilot ratings and a customer base of over 800,000, Splash Wines has been shown to prioritize customer satisfaction and loyalty. The company focuses on exceptional customer service – it does not rely on chatbots or automated messages when talking to customers. The company has also experienced notable growth over the past few years, achieving three times revenue growth in just three years. In 2022, their revenue reached $30 million, and they have set the ambitious goal to reach $50 million by 2025. What sets Splash Wines apart is its agile approach and its focus on offering wines priced below $10. By delivering affordable wines to customers, they cater to a broad consumer base and have the opportunity to diversify their product offerings further. With their expertise in digital retail capabilities, the company is well-positioned to take advantage of the growing e-commerce market. As a D2C leader, Splash Wines capitalizes on the growing trend of consumers purchasing wine directly from producers and bypassing traditional distribution channels. This approach allows them to build direct relationships with customers and create personalized experiences, resulting in increased customer satisfaction and loyalty. The company is currently holding a raise on StartEngine to continue to expand its business. Click here to invest in Splash Wines and be a part of their growth journey bringing wine directly to the doorstep! This post contains sponsored content. This content is for informational purposes only and is not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

October 02, 2023 09:15 AM Eastern Daylight Time

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Industrial ETF ‘XLI’: A Gateway to Infrastructure Revitalization and Industrial Expansion

Select Sector SPDR

The nation's focus on renewing its infrastructure, including railroads, aviation, and heavy machinery, has spurred a surge in demand for industrial space and has consequently been a catalyst for job creation in these sectors. As the country invests in revamping its infrastructure, the industrial sector represents an exciting opportunity, with sectors such as aerospace and defense, construction and engineering, and electrical equipment leading the charge. An exchange-traded fund (ETF) such as the Industrials Select Sector SPDR Fund (XLI) offers an accessible method of gaining exposure to this burgeoning industrial sector, a potential component of any diversified portfolio. The Industrials Select Sector SPDR Fund (XLI) consists of 75 U.S. stocks* representing key subsectors that fuel the U.S. economy. XLI tracks a market cap-weighted index of industrial-sector stocks drawn from the S&P 500, holds over $14 billion in assets under management, and has a 0.10%** annual expense ratio, making it one of the most efficient and most tradeable ways to gain access to this important sector. The top 10 holdings for XLI are: Caterpillar Inc. (4.67%) Union Pacific Corp. (4.23%) Honeywell International Inc. (4.17%) General Electric Co. (4.09%) Boeing Co. (3.82%) United Parcel Service, Inc. Class B (3.78%) Deere & Co. (3.61%) Raytheon Technologies Corp. (3.60%) Automatic Data Processing (3.29%) Lockheed Martin Corp. (3.11%) Caterpillar, Union Pacific, Honeywell, General Electric and Boeing are dominant by market capitalization in this sector. Aerospace and defense, building products, construction and engineering, electrical equipment, conglomerates, machinery, commercial services and supplies, air freight and logistics, airlines, marine, road, and rail are all represented by XLI. XLI is employed by investors ranging from institutional, broker-dealers, financial advisors, and individuals to open the door to this important diversification vehicle, packed in the efficient and low-cost ETF wrapper. The foundation of any economy lies in the manufacturing of goods and their distribution to businesses and consumers. XLI provides investors with access to this fundamental process that is vital to the daily operations of commerce, retail, and services. Understanding the significance of each of the core 11 sectors of Select Sector SPDR ETFs is crucial when building a diversified portfolio, as it aids investors in their journey towards meeting their investment goals. For investors of all sizes, XLI can serve as an excellent entry point to consider. DISCLAIMER: This is a work of research and should not be taken as investment or financial advice. Therefore, Select Sector SPDRs or the publisher is not liable for any decision made based on the publication. About the Company: Select Sector SPDR ETFs offer flexibility and customization opportunities. Many investors have similar outlooks, but no two are exactly alike. Select Sector SPDR ETFs let investors select the sectors that best meet their investment goals. * Holdings, Weightings & Assets as of 9/15/23 subject to change ** Ordinary brokerage fees apply DISCLOSURES The S&P 500 Index is an unmanaged index of 500 common stocks that is generally considered representative of the U.S. stock market. The index is heavily weighted toward stocks with large market capitalizations and represents approximately two-thirds of the total market value of all domestic common stocks. The S&P 500 Index figures do not reflect any fees, expenses or taxes. An investor should consider investment objectives, risks, fees and expenses before investing. One may not invest directly in an index. Transparent ETFs provide daily disclosure of portfolio holdings and weightings All ETFs are subject to risk, including loss of principal. Sector ETF products are also subject to sector risk and nondiversification risk, which generally will result in greater price fluctuations than the overall market. Diversification does not eliminate risk. An investor should consider investment objectives, risks, charges and expenses carefully before investing. To obtain a prospectus, which contains this and other information, call 1-866-SECTOR-ETF (732-8673) or visit www.sectorspdrs.com. Read the prospectus carefully before investing. ALPS Portfolio Solutions Distributor, Inc., a registered broker-dealer, is distributor for the Select Sector SPDR Trust. Media Contact: Company: Select Sector SPDRs Contact: Dan Dolan* Address: 1290 Broadway, Suite 1000, Denver, CO 80203 Country: United States Email: dan.dolan@sectorspdrs.com Website: https://www.sectorspdrs.com/ *Dan Dolan is a Registered Representative of ALPS Portfolio Solutions Distributor, Inc. ALPS Portfolio Solutions Distributor, Inc., a registered broker-dealer, is the distributor for the Select Sector SPDR Trust. SEL006898 EXP 11/30/23 Contact Details Dan Dolan dan.dolan@sectorspdrs.com Company Website https://www.sectorspdrs.com/

October 02, 2023 07:54 AM Eastern Daylight Time

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Space and Time Integrates Verifiable Compute Layer Natively into Chainlink Functions

Space and Time

Space and Time today announces that Proof of SQL, the platform’s novel zk-proof for SQL queries, will run its zk-Verifier natively on Chainlink nodes. Space and Time will leverage the Chainlink Network to provide consensus on the proof results. The integration is announced as Space and Time is named the official preferred data warehouse solution for the Chainlink ecosystem. Proof of SQL was released in August of this year. Originally designed for queries run in the Space and Time data warehouse, the proof can now be attached to any centralized or decentralized SQL database to enable verifiable, zk-proven query results for smart contracts, AI models, and enterprises. “We are thrilled to make Proof of SQL available to all databases and to integrate Chainlink as the consensus layer,” said Nate Holiday, CEO and Co-Founder of Space and Time. “As the world’s business increasingly moves to operate at the intersection of blockchain and AI, verifiable data and compute will become more critical than ever. We see a future where every database needs to be verified by Space and Time’s zk-proof.” Proof of SQL allows a database to generate a SNARK cryptographic proof of SQL query execution to guarantee that queries were computed accurately and on untampered data. The zk-protocol is composed of two parties: the Prover, which generates a proof of query execution, and the Verifier, which validates the proof against a cryptographic hash of the data. With the new integration, the Proof of SQL Verifier will run natively on Chainlink nodes. The Chainlink Network will come to consensus that the results received from the Prover have not been tampered with, allowing the protocol to become more trustless, transparent, and decentralized. Space and Time already includes native integration with Chainlink Functions, enabling users to send query results onchain directly from Space and Time. With the Proof of SQL Verifier running as a Chainlink Functions job, Space and Time becomes more deeply integrated with the Chainlink platform as its official data warehouse solution. The leading Web3 services platform, Chainlink enables smart contracts to connect to real-world data, computation, and any public or private blockchain. Space and Time builds on this vision by providing zk-queries to smart contracts through the Chainlink Network. “We’re excited that Space and Time is using Chainlink for secure decentralized computation in its novel Proof of SQL ZK protocol,” said Sergey Nazarov, Co-founder of Chainlink. “By enabling developers to underpin application databases with cryptographic proof, Chainlink and Space and Time are powering the creation of an end-to-end decentralized tech stack that helps scale Web3.” Together, Space and Time and Chainlink are realizing a new era of verifiability, data-driven smart contracts, and enterprise adoption of blockchain technology. About Space and Time Space and Time is the first AI-powered decentralized data warehouse that joins tamperproof on-chain and off-chain data to deliver enterprise use cases to smart contracts. Space and Time has developed a novel cryptography called Proof of SQL that allows developers to connect analytics directly to smart contracts, opening up a wealth of powerful new use cases and business logic on blockchain technology. Space and Time is built from the ground up as a multichain data platform for developers in financial services, gaming, DeFi, or any project requiring verifiable data across enterprise, blockchain and AI. About Chainlink Chainlink is the industry-standard Web3 services platform that has enabled trillions of dollars in transaction volume across DeFi, onchain finance, gaming, NFTs, and other major industries. As the leading decentralized oracle network, Chainlink enables developers to build feature-rich Web3 applications with seamless access to real-world data and offchain computation across any blockchain and provides global enterprises with a universal gateway to all blockchains. Learn more about Chainlink by visiting chain.link or reading the developer documentation at docs.chain.link. To discuss an integration, reach out to an expert. Contact Details Space and Time Spencer Reeves marketing@spaceandtime.io Company Website https://www.spaceandtime.io/

October 02, 2023 04:22 AM Eastern Daylight Time

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Libertine's recent development work "feeding into" its confidence

Libertine Holdings PLC

Libertine Holdings PLC (AIM:LIB) chief executive Sam Cockerill speaks to Thomas Warner from Proactive after the linear generator technology developer released its full year results for the twelve months ended 31 March 2023. Cockerill gives a brief overview of the results before moving on to discuss how the business has been performing since, highlighting its current focus on developing its technology and selling it into the market. The company revealed in its results statement that in the absence of further revenues, it would expect to remain solvent through to May 2024. Cockerill therefore provides some detail about the commercial discussions currently underway and expresses confidence in the work being done at the company's facilities in Sheffield. He says all of the hard work currently underway on product development "feeds into our confidence about the commercial viability and the revenue potential of our technology." Contact Details Proactive UK Ltd +44 20 7989 0813 uk@proactiveinvestors.com

October 02, 2023 03:00 AM Eastern Daylight Time

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RC365 Holding to continue expanding in Southeast Asia after creating Malaysian subsidiary

RC365 Holding PLC

RC365 Holding PLC (LSE:RCGH) has announced the incorporation of a new, wholly owned subsidiary in Malaysia by the name of RC365 Solutions SDN. Regal Crown Technology Ltd Vice President of Information Technology KC Chua and Vice President of Production Management Yun Seong Yu speak to Thomas Warner from Proactive about the rationale for the decision and their hopes for what it can go on to deliver. Yu starts with a brief overview of RC365's operations before Chua goes on to explain this week's news in more detail, saying that the new subsidiary expects to issue and manage Mastercard Prepaid Card services to 40 merchants and 3,000 active cardholders by end of year 2024. He also lists the benefits the company expects to garner from working in Malaysia, citing its strategic location, a welcoming business environment for businesses, cost effectiveness, an impressive talent pool and political and economical stability. Yu reveals more about future plans, expressing confidence in the ability of the company to deliver a 40% annual saving on RC365 Holding's informational technology costs. Contact Details Proactive UK Ltd +44 20 7989 0813 uk@proactiveinvestors.com

October 02, 2023 03:00 AM Eastern Daylight Time

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