News Hub | News Direct

All Industries


Article thumbnail News Release

BTC Halving Could See Wild Volatility Swings -- ICOs Offer Steady Gains

RoundHouse Media

The world of cryptocurrency is bracing for a potentially volatile period after the recent conclusion of the highly-anticipated Bitcoin halving event. Completed on April 19th, the halving is a pre-programmed software update that cuts the number of new Bitcoins created in half. While historically, these halvings have been bullish for Bitcoin’s price, analysts are divided on whether this time is different. This article explores the potential for volatility surrounding the Bitcoin halving and introduces Galaxy Fox, the best upcoming ICO that is poised for significant growth in 2024. Bitcoin Halving: What’s at Stake? The concept of Bitcoin halving is fundamental to its design, occurring approximately every four years. This event cuts the rewards miners receive for validating transactions in half, reducing the rate at which new Bitcoin enters circulation. Historically, halving events have triggered significant price movements, often driving up demand and scarcity perception among investors. However, this time seems different. Analysts caution that much of the halving’s impact may already be priced into Bitcoin. The surge leading up to the event reflected anticipation rather than intrinsic value. Moreover, geopolitical tensions and broader market dynamics may have overshadowed the halving’s immediate effects on Bitcoin’s price. While halvings historically fueled bullish sentiment, the current landscape invites a more cautious outlook. Bitcoin’s history is replete with volatility, characterized by dramatic price swings driven by market sentiment, regulatory developments, and macroeconomic factors. The halving, though a significant event, is but one piece of the puzzle. As Bitcoin grapples with its narrative as a store of value or a speculative asset, investors must navigate the uncertainty with caution. For some, Bitcoin’s volatility presents opportunities for profit-taking and strategic entry points. Short-term traders may capitalize on price swings, leveraging technical analysis and market psychology to maximize returns. Conversely, long-term investors weather the storm, confident in Bitcoin’s potential to emerge stronger amidst market turbulence. Galaxy Fox: Navigating the Crypto Landscape Amidst Bitcoin’s volatility, Galaxy Fox emerges as a promising investment opportunity, offering stability and growth potential in a rapidly evolving crypto landscape. With its successful presale, raising over $6 million and selling 3.75 billion tokens, the best upcoming ICO Galaxy Fox has captured the attention of investors seeking innovative projects with tangible utility. Galaxy Fox’s integration into the web3 gaming sphere positions it at the forefront of blockchain gaming innovation. Its ERC20 token, $GFOX, has surged in value, reflecting market confidence in its utility and potential for widespread adoption. As this good crypto to buy gears up for its launch, investors eagerly anticipate its impact on the crypto market. Unlocking Potential with Galaxy Fox Galaxy Fox’s token listing last April 18 marked a significant milestone, signaling its readiness to disrupt the crypto landscape. With a clear roadmap and strategic partnerships, Galaxy Fox offers investors a unique opportunity to participate in the burgeoning blockchain gaming sector. Its staking options provide attractive returns, incentivizing long-term commitment and community engagement. What’s more, this best cheap crypto to buy right now has allocated 100% of its raised funds to the liquidity pool, ensuring smooth trading for investors on decentralized exchanges (DEX) like Uniswap. The game launch slated for May 11 promises to showcase Galaxy Fox’s technological prowess and gaming innovation. As excitement mounts, investors stand poised to reap the rewards of early adoption, positioning themselves for long-term growth and sustainability. Conclusion: Join the Galaxy Fox Community While Bitcoin’s halving event did result in volatility, opportunities abound for savvy investors seeking stability and growth. Galaxy Fox represents hope in a tumultuous market, offering steady gains and innovative solutions in the blockchain gaming space. As you navigate the crypto landscape, let us embrace the future with optimism and strategic foresight. To learn more about the best upcoming ICO and join their vibrant community, visit their website and connect with them on Telegram. Learn more about $GFOX here: Visit Galaxy Fox Presale | Join the Community Contact Details Roundhouse Media dean@locxlabs.io

April 29, 2024 01:00 PM Eastern Daylight Time

Article thumbnail News Release

Cooper Metals sows seeds for busy June quarter amid heavy drilling activity

COOPER METALS LIMITED

Cooper Metals Ltd (ASX:CPM) managing director Ian Warland is back in the Proactive studio to recap drilling activities and the explorer’s latest quarterly report.Cooper has just completed its third drilling campaign of the year, targeting copper-gold mineralisation across four regional targets at its Mt Isa East project in northwest Queensland. The prospects in question — Raven, Mafic Sweats North, Mafic Sweats South and Yarraman — were together the focus of 12 reverse circulation holes and around 1,800 metres of drilling.Following the campaign, more than 500 one-metre samples were dispatched for analysis to a laboratory in Mt Isa, primarily from the prominent Mafic Sweats South prospect. While a busy exploration season has hampered lab turnaround times, Warland is excited to bring fresh results to the market in the current quarter.Recapping the last three months of activity, the MD highlighted regional drilling endeavours and sampling efforts across the project portfolio. He also called out the Brumby Ridge and Guru targets, where the explorer hopes to be on the ground again in short order.Looking ahead, Warland noted that the company is well funded to keep the momentum going, with A$4.4 million in the bank thanks to a recent capital raise. The company looks forward to delivering more assays, completing regional geochem and mapping programs and building on its portfolio of drilling targets before the end of the financial year. Contact Details Proactive Investors Jonathan Jackson +61 413 713 744 jonathan@proactiveinvestors.com

April 29, 2024 12:45 PM Eastern Daylight Time

Video
Article thumbnail News Release

OCEAN innovates: Bitcoin miners offered first ever Lightning Payouts using BOLT12

Bitcoin Ocean,LLC

OCEAN [ link ], the Bitcoin mining pool backed by Jack Dorsey and spearheaded by longtime Bitcoin Core developer Luke Dashjr, released its latest innovation offering miners payouts over the Bitcoin Lightning network using cutting edge Lightning tech BOLT12. Lightning is a network that sits on top of Bitcoin enabling higher throughput of transactions at lower cost. Lightning allows users to have hundreds or even thousands of interactions while carrying out fewer base layer transactions, effectively solving the scalability problem that will help Bitcoin fulfill its potential as a secure, decentralized, peer to peer network. According to OCEAN co-founder Luke Dashjr, “Pools traditionally have held miners’ bitcoins like a bank, while on-chain Bitcoin transactions get increasingly expensive as the demand for Bitcoin rises. For small miners, the problem is exacerbated since in some cases the cost of the transaction fee is higher than the reward that they earn. This is unsustainable because it creates lock-in to custodial pools. OCEAN helps overcome this risk using Lightning.” While not a nascent technology in Bitcoin, much of the development in Lightning has focused on infrastructure or rails upon which users can transact. OCEAN’s latest development solves a complimentary challenge by creating another path of liquidity from Bitcoin to miners. Perhaps the most innovative part of OCEAN’s upgrade is BOLT12 integration. BOLT12 is a nextgen upgrade in Lightning which solves previous limitations that restricted Lightning’s utility and adoption. OCEAN is the first mining pool to use it, and has done so in an effort to respect the core tenets of decentralization and miner-sovereignty. Bitcoin Mechanic, Global Head of Sales for OCEAN, added, “Using BOLT12 also allows us to prove to the world that a payment was made, the size of the payment, the node to which it was paid, and that it was paid by us. This means we can continue to offer fully transparent and verifiable pooled mining while no longer being restricted by the base layer.” Since its launch 5 months ago, OCEAN has created a paradigm shift in what’s possible with mining pools, offering transparency, non-custodial mining rewards, permissionless access, and miner-chosen block templates; now with Lightning via BOLT12, miners can also get liquidity directly into a Lightning channel without having to rely on third party custodians. This latest announcement aligns with OCEAN’s overarching goal of increasing miners’ sovereignty while promoting greater transparency and decentralization in the world of Bitcoin mining. About OCEAN: OCEAN empowers miners to take back control of the intelligent parts of mining, and is designed to be non-custodial, transparent, and permissionless. OCEAN is operated by Bitcoin Ocean, LLC, a subsidiary of Mummolin, Inc., a Wyoming corporation and a successor to the Eligius Bitcoin mining pool which operated from 2011 to 2017. Learn more at www.ocean.xyz and follow us on X @ocean_mining. Media Contact: Ian A. Northon media@ocean.xyz Signal: 239.784.7940 Telegram: @bitcoin_lawyer SOURCE: Mummolin, Inc. Contact Details Bitcoin Ocean Ian A. Northon media@ocean.xyz

April 29, 2024 12:30 PM Eastern Daylight Time

Article thumbnail News Release

MetaWin Founder Launches $ROCKY Meme Coin on Base Network

Metawin

An exciting new meme coin, $ROCKY, has recently debuted on the Base network. Skel.eth, the founder of MetaWin, launched the coin last weekend. Intriguingly, the coin is named after his Pomeranian, also named ROCKY. Within just 30 hours of its release, $ROCKY achieved an impressive market cap of $4.6 million, and the MetaWin team is optimistic about further growth, fueled by the enthusiastic support of the MetaWin community. "I launched it as an experiment ahead of our $MWIN token sale," said Skel.eth, the founder of MetaWin and the creative force behind $ROCKY. "It is working out pretty well so far! We've learned a lot, and it's great to see the community benefit financially. Despite my advice to cash in on their gains early, many have held onto their coins, and it's taken on a life of its own, amazing really”. Looking ahead, MetaWin plans to integrate $ROCKY into upcoming community competitions, thus enhancing its utility beyond that of a typical meme coin. These initiatives aim to cement $ROCKY's role within the community and further validate the coin's slogan: "MORE than a meme coin." With a solid foundation established by Skel.eth two years ago, MetaWin now boasts nearly 250,000 connected wallets and a seasoned team of 80 professionals specialising in Web3 technologies. This depth of expertise is expected to drive further innovation and success for $ROCKY. Users can participate in $ROCKY daily competitions for free on BASE or with an NFT purchase. According to the Metawin team, all generated revenue will be utilised to purchase more $ROCKY immediately after the competition concludes, serving as a bonus for holders. For the latest updates and to embark on the $ROCKY journey, please visit www.RockyCoinbase.com or X.com/rockycoinbase. About MetaWin: Founded by Skel.eth, MetaWin stands as the premier platform for on-chain prize competitions and instant win games, offering a diverse array of entertaining challenges for users. Through the utilisation of cutting-edge blockchain technology, MetaWin ensures a transparent, fair, and secure gaming environment, making it the preferred destination for blockchain enthusiasts and gamers alike. At the forefront of Web3 innovation, MetaWin is supported by a robust community of 250,000 connected wallets. Renowned for its ability to craft impactful digital experiences, MetaWin remains dedicated to pushing the boundaries of the cryptocurrency landscape. For more information, users can visit MetaWin.com. Users can follow MetaWin on social media and join MetaWin's community: X | Instagram | Telegram | Discord Contact Details MetaWin PR Team press@metawin.inc

April 29, 2024 12:22 PM Eastern Daylight Time

Article thumbnail News Release

Ilika announces collaboration with Tata's Agratas on Goliath industrialisation programme

Ilika PLC

Ilika PLC (AIM:IKA, OTCQX:ILIKF) CEO Graeme Purdy tells Proactive's Stephen Gunnion that Agratas, Tata Group’s battery business, has joined the SiSTEM project which aims to build a 1.5MWh solid-state battery (SSB) assembly line. Purdy noted that SiSTEM was awarded a £2.7 million grant from the Advanced Propulsion Centre as part of the Automotive Transformation Fund. This grant supports the collaboration with UK Battery Industrialisation Centre (UK BIC) and Mpac Group plc to develop a 1.5MW hour solid-state battery assembly line. The line will produce large format pouch cells for electric vehicles (EVs), with scale-up trials to occur at UK BIC using industry-ready equipment. Agratas' participation is primarily to evaluate and design a concept facility for implementing solid-state battery manufacturing at Gigafactory scale. Purdy views this collaboration as a significant validation of Ilika’s technology, demonstrating commercial interest in their capabilities. Additionally, a 12-month bilateral collaboration with Agratas will focus on developing a D8 prototype, a minimum viable product that will test the scalability and performance of the battery technology. Contact Details Proactive UK Ltd +44 20 7989 0813 uk@proactiveinvestors.com

April 29, 2024 11:55 AM Eastern Daylight Time

Video
Article thumbnail News Release

Hemogenyx Pharmaceuticals outlines significant progress with HEMO-CAR-T in 2023

HemoGenyx Pharmaceuticals

Hemogenyx Pharmaceuticals PLC CEO Dr Vladislav Sandler tells Proactive's Stephen Gunnion that 2023 was a significant year for the company, marked by notable progress with its HEMO-CAR-T product candidate. The key achievement for the year was the submission of a new Investigational New Drug (IND) application to the US Food and Drug Administration (FDA) to commence a phase one clinical trial for the treatment of relapsed refractory acute myeloid leukemia. However, the process faced a setback due to issues with lentivirus purity, resulting in a clinical hold. After re-manufacturing the lentivirus, Hemogenyx successfully addressed the FDA's concerns and received approval to proceed with the clinical trials. Furthermore, Sandler reported a successful fundraising which will support the upcoming clinical studies. The company also entered a service agreement with Prevail Infoworks for the clinical trials. In addition to its advancements in HEMO-CAR-T, Hemogenyx continued developing other programs, such as its proprietary Chimeric Bait Receptor (CBR) platform, showing promise in treating non-Hodgkin lymphoma and exploring applications in solid rare tumors. For 2024, the primary focus remains on advancing these clinical trials, particularly the phase one studies, with an immediate goal to initiate patient treatment. Contact Details Proactive UK Ltd +44 20 7989 0813 uk@proactiveinvestors.com

April 29, 2024 11:52 AM Eastern Daylight Time

Video
Article thumbnail News Release

Bitget Onboards Alchemy Pay & GEO Pay, Unlocking Five Key Southeast Asian Currencies for Crypto Conversions

Bitget

Bitget, the world’s leading cryptocurrency exchange and Web3 company, has announced its partnerships with Alchemy Pay and GEO Pay (Swapple), two leading crypto payment solution providers. With their support, Bitget users can now buy and sell crypto using various local currencies. This collaboration brings significant improvements for users interacting with digital assets, enabling seamless conversion between fiat and crypto instantaneously. The integration with payment services will allow users to convert crypto into fiat with several top channels such as IDR – QRIS/DANA/OVO, PHP – GCash/Maya, MYR – DuitNow, THB – Thai QR/TrueMoney and VND – MOMO/Viet QR/ViettelPay, and bank transfer are available to all currencies mentioned above. Alchemy Pay as one of the leading payment gateways in crypto connects platforms with traditional payment solutions. It supports payments across 173 countries, facilitating easier and broader access to crypto worldwide. GEO Pay, recently rebranded as Swapple, complements this partnership by offering a platform that merges peer-to-peer payments with innovative fiat-to-crypto exchange services. It provides secure and low-fee transactions, enhancing the fiat-to-crypto exchange experience, offering reward incentives to its community. Bitget has been constantly expanding its services throughout the globe bringing more regional benefits to its users. This collaboration enables Bitget’s users with a seamless trading experience of converting crypto into fiat and vice versa. As it expands its services to meet the growing demand for cryptocurrency solutions in Southeast Asia, more such initiatives are in-progress. With Alchemy Pay and GEO Pay (Swapple), Bitget will provide users with a locally sophisticated, secure, and user-friendly platform, making the transition from fiat to digital currency effortless for users across multiple regions. “Bitget’s ecosystem is leaning to build a more user-friendly experience for crypto. Onboarding fiat gateways and customizing its products towards local audiences, the platform aims to accelerate mass adoption of crypto. As we expand our services, we will partner up with more such payment companies, enabling people throughout the world to get a step closer to crypto,” said Gracy Chen, Managing Director at Bitget In April Bitget released its strategic partnership with Onramp Money which now enables Bitget users to buy and sell crypto using INR via UPI and IMPS, with NGN, AED, and MXN through bank transfers, and with VND via VietQR. This range of options ensures that users have easy-to-use and reliable methods to convert crypto to fiat and vice versa. Bitget caters to users with a diverse set of preferences and finance management requirements, fulfilling their needs with emerging WEB3 products. Previously, Bitget Wallet Asia’s premier Web3 wallet partnered up with Onmeta, a leading fiat on and off-ramp solution catering to India, to bolster its Over-The-Counter (OTC) trading features by enhancing India’s local payment methods and instant transactions. The integration provides a convenient gateway for India-based users to purchase cryptocurrencies using local fiat currencies, such as NEFT, IMPS, UPI, covering 15 major blockchains and over 100 tokens. For more information, please visit https://www.bitget.com/support/articles/12560603808547 About Bitget Established in 2018, Bitget is the world’s leading cryptocurrency exchange and Web3 company. Serving over 25 million users in 100+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, swap, NFT Marketplace, DApp browser, and more. Bitget inspires individuals to embrace crypto through collaborations with credible partners, including legendary Argentinian footballer Lionel Messi and official eSports events organizer PGL. For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet Contact Details Bitget Rachel Cheung media@bitget.com Company Website https://www.bitget.com/

April 29, 2024 11:48 AM Eastern Daylight Time

Article thumbnail News Release

Fah Mai Holdings CEO calls for greater regulation in whisky cask trading

Fah Mai Holdings Group Inc

Fah Mai Holdings Group Inc (OTC:FMHG) CEO Louis Haseman discusses the need for regulating the whisky industry, particularly focusing on the trade of whisky casks. In an interview with Proactive's Stephen Gunnion, Haseman highlighted a significant issue with scams involving non-existent whisky casks, referencing a public statement by Fergus Ewing of the Scottish National Party about £4 million worth of fictitious casks sold last year. Haseman emphasized that this figure likely underestimates the true extent of fraud in the industry. Current regulations primarily cover the production and storage of Scotch whisky but do not adequately address the trading of whisky casks, which has minimal oversight. This lack of regulation makes the market susceptible to fraudulent activities. Haseman argued for increased transparency in the trading process to ensure that investors are aware of the actual existence and value of the casks they purchase. He noted the innovative efforts by Vikki Bruce, who developed 'CaskNet', a platform aiming to provide transparency and potentially mitigate scams by verifying casks. This initiative represents a step towards improving industry standards and protecting consumers. Contact Details Proactive UK +44 20 7989 0813 UKEditorial@proactiveinvestors.com

April 29, 2024 11:48 AM Eastern Daylight Time

Video
Article thumbnail News Release

PEL 82 Chevron Farm-In

Custos Energy

Custos Energy (Pty) Ltd. (“Custos” or the “Company”) is pleased to announce that Chevron Namibia Exploration Limited (“CNEL”), an affiliate of Chevron Corp. (“CVX”) has executed an agreement that provides for their entry in Petroleum Exploration License 82 (“PEL 82) with the assumption of an 80% working interest and operatorship. NAMCOR, the National PetroleumCorporation of Namibia, and Custos will each maintain a 10% carried interest in PEL 82.PEL 82 governs blocks 2112B AND 2212A located in the Walvis Basin, offshore Namibia. PEL 82 is one of the Walvis Basin’smost attractive opportunities. • Approximately 70% of total block area is covered by extensive existing seismic – over 3,500 km of 2D and 9,500 km2 of 3D data • Previous drilling activity on PEL 82 included the Murombe-1 and Wingat-1 wells. – Results confirmed regional extension and presence of the Barremian-Aptianoil-prone source rock (Kudu shale). – The Murombe-1 penetrated the Baobab sands with approximately 20% porosity. – The Wingat-1 well recovered 38-41 degree API oil to surface. “We are pleased to announce the continuing expansion of our in-country partnership with Chevronthrough their entry in PEL 82. This is one of the most advanced and interesting opportunities offshore Namibia outside of the Orange Basin.” said Knowledge Katti, Chairman and Chief Executive Officer of Custos. “We are pleased to see our efforts over the last decade on PEL 82 result in this important step forward adding further to Namibia’s world class offshore opportunity.” he added. In conjunction with the farm-in, Custos is pleased to announce that it has entered into a partnership agreement with the Walvis Bay Poverty Reduction Trust (“WBPRT”) providing that the WBPRT will be the primary beneficiary of Custos’s corporate social responsibility efforts. “The opportunity to support the Walvis Bay Poverty Reduction Trust is another initiative by Custos to empower the communities where we operate. We look forward to working with Pastor Jackey Fredricks as he provides initial leadership on this important initiative.” he added. "The Walvis Bay Poverty Reduction Trust extends its utmost gratitude to Mr. Knowledge Katti of Custos Energy. This partnership will greatly enhance our development efforts and will translate into a number of tangible projects that are focused on our local youth, women, the elderly and other vulnerable community members.” said Pastor Edwin Jackey Frederick of the Hosiana Congregation and Founding Trustee of the WBPRT. Contact Details Knowledge R Katti +1 475-477-9410

April 29, 2024 11:46 AM Eastern Daylight Time

Image
1 ... 232233234235236 ... 3751