News Hub | News Direct

All Industries


Article thumbnail News Release

Retail Traders vs. Professional Traders: What’s the Difference?

TechniTrader

Standing on the NYSE Trading Floor years ago toward the end of the trading day, I observed the best floor traders in the world. It was extremely rare for an outsider to be allowed on the floor during business hours or even after hours. I watched the traders intently. Each professional had their own station and their own unique and proprietary trading system, technical analysis methods, indicators, etc. Each professional was totally focused on his trading. No floor trader spoke or even acknowledged the presence of another. There were perhaps 100 traders on the floor that day, all working with their Market Makers. There was no shouting, no discussions, no stopping to chat with each other. It was all strictly business. I visited many retail traders’ groups over the 25 years my company has offered professional-level education to retail traders who seek to join the exclusive ranks of high-income semi-professional to full senior-level professional traders. The retail trading groups were talkative, there was always a leader in the group who was not a credentialed professional. This can be very dangerous to retail traders who are depending upon the leader for advice and stock recommendations. Also, group consensus leads to “cluster orders” which HFTs and professional traders trade against, causing whipsaw action and bigger losses for that retail chatroom group. Without a certified, SEC-approved professional in the group, trading decisions spread rapidly and then the entire group takes a loss. Without an expert who has taken professional exams and has credentials to teach, the chatroom traders place themselves at much higher risk of loss and often margin calls. When I teach, I treat each student as if they will become an expert, high-level senior trader, either working for an Institution OR as an Independent Semi to Professional-level trader. Professional Traders do not share. They do not chat or talk to anyone during trading hours. They have their own Trading Parameters and technical tools, which they have modified to give them an edge. TechniTrader provides tools for student traders and encourages them to modify the tools to their own specific needs and goals. That way each student is capable of having the ideal tools, scans and setups for how they wish to trade. Chatrooms of retail traders are common but I have never seen any that actually have high success rates and high profit for the individuals in the group. What happens is a “follow the leader” mentality that thwarts individuality rather than promoting and encouraging individuality. Professional Traders have a very high success rate of around 90% because they trade without influence or interference from other traders, retail news, or other distractions. The professional trader has the ability to tune out every distraction and make rapid, accurate decisions without asking for another trader’s approval. Learning to Trade like a professional requires learning the skills of making decisions on your own without any encouragement from a chatroom group. However, the difference in income potential is, for most retail traders, a huge shock. A new TechniTrader student learns to rely upon his or her own judgment and decision-making skills. Trading is first and foremost A SKILL. It is not retail news feeds or recommendation services, or a group consensus that one stock is the stock to trade that day. Nor is it trying to find something or someone to blame for a loss. When a professional has a loss, he or she will review the entire trade, identify the problem and then ensure they do not repeat it. When TechniTrader students are in the learning mode, if they have a simulator trading loss as they are learning and developing their skills, they are taught to do the same thing a professional does: evaluate and study the trade to identify the mistake, learn from it and move on. This training is not available within a retail chatroom or retail guru trading group. Instead of determining the mistake, the group prefers to place blame somewhere else. This hampers the retail trader who is trying to succeed because they never learn why a trade did not move in the direction they expected. It can be hard to give up the chatroom environment, but being able to make decisions independently and develop skills way beyond the average retail trader is a huge bonus. While anyone with the willingness to learn can do it, trading like a Professional is not for everyone. It requires a professional-level education aimed at building a unique rules-based trading routine with checks and balances that lead to a high success rate. Retail traders who are determined to learn a complete methodology for executing their own trading plan without deviation can earn a high income with practice and guidance from a credentialed source. Martha Stokes, CMT https://www.technitrader.courses TechniTrader has been teaching traders and investors a complete process for trading or investing in the stock market and other financial markets since 1998. We have helped over 500,000 traders and investors achieve their financial goals. Our courses provide a complete, comprehensive training program based on a college-style curriculum that uses a tri-level approach to analyzing assets or derivatives to trade. Contact Details Mel Ainuu mel@technitrader.com Company Website https://www.technitrader.courses/

December 14, 2023 09:25 AM Eastern Standard Time

Article thumbnail News Release

“The Uranium Renaissance”: Insights, Prospects And The Role Of Sprott ETFs

Benzinga

By Austin DeNoce, Benzinga Uranium, a critical element in the nuclear energy sector, has experienced notable market dynamics in recent years. In October 2023, the U3O8 uranium spot price reached a 12-year high of $74.48 per pound, reflecting a year-to-date increase of 54.16%. This increase is part of a broader trend in the uranium market, characterized by increased utility contracting and its resilience against macroeconomic factors. Demand Dynamics As mentioned, the demand for uranium is increasingly driven by utility companies, which are ramping up their uranium contracting. The World Nuclear Association predicts a near doubling of global nuclear reactor requirements by 2040, indicating a sustained demand for uranium. This demand is supported by the sector's shift away from Russian supply chains, with a growing emphasis on alternative sources and enrichment facilities. It’s also expected to sustain higher prices in the long term, with utilities estimated to require 1.5 billion pounds of cumulative uncovered uranium by 2040. The recent World Nuclear Symposium in London spotlighted the growing interest in nuclear energy, particularly in the development of Small Modular Reactors (SMRs). This interest is a part of the wider resurgence the uranium sector is experiencing, a resurgence characterized by its stability during economic downturns and a projected annual growth rate of 4% to 5%. Market Supply And Investment Opportunities On the supply side, existing mines are ramping up production, yet the timeline for developing new mines is extended. This dynamic has created a sellers' market, as noted in the Sprott Uranium Report. The report also indicates that while uranium miners have faced short-term fluctuations in stock prices, they have largely benefited from the overall strength in uranium prices, potentially leading to the restart of mines and new builds in the sector. Nevertheless, the supply side of the uranium market faces challenges due to a lost decade in production, necessitating investment in new capacity. Sprott ETFs, a part of Sprott Asset Management USA, Inc., offer investors exposure to this emerging sector, specializing in precious metals and real assets, including uranium mining equities. Uranium Mining Equities And Spot Market Dynamics The uranium mining sector is witnessing investor interest, particularly in the equity market. Senior and junior uranium miners have recorded gains of 44.85% and 32.77% YTD, respectively, reflecting the sector's growth potential, which remains yet to be fully explored by large institutional investors. This trend in equity performance suggests increasing investor confidence in the uranium mining sector's future. Regarding uranium trading, the spot market is characterized by its relatively small scale, featuring limited transactions and voluntary price reporting. This market aspect contrasts with the long-term contract preferences of utilities, the primary end buyers of uranium, contributing to the market's stability. In this trading environment, Sprott Physical Uranium Trust functions as an investment vehicle, offering investors an option to engage with the physical uranium market. This provides an avenue for those interested in a more direct approach to uranium market investment situated within the broader context of the uranium trading landscape. Risks And Future Outlook While the uranium market shows promise, investors must be aware of the geopolitical risks and supply-chain disruptions. The future of uranium prices remains uncertain despite the current uptrend. Kazakhstan and Canada are the largest uranium producers, but emerging players like Namibia and Uzbekistan are poised to become significant contributors, leaving much to be seen in the future. However, the uranium market still represents a unique investment opportunity, especially for those looking to diversify into energy and natural resource sectors. With demand on the rise and the market favoring sellers, the sector appears poised for continued growth. However, investors should exercise caution and consider the market's complexities and geopolitical influences. This post contains sponsored content. This content is for informational purposes only and not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

December 14, 2023 09:25 AM Eastern Standard Time

Article thumbnail News Release

The Scalable Potential Of 3D-Printed Food For Feeding the World

Benzinga

By Faith Ashmore, Benzinga The price of meat has reached unprecedented levels, and unfortunately, this trend is expected to continue due to increased scarcity. However, emerging technology like 3D-printed food presents a unique opportunity to address this issue. With effective scalability, it has the potential to meet global demand while reducing costs for the economy, manufacturers and consumers. An article published in the journal Frontiers in Sustainable Food Systems highlights the viability of 3D printing technology in creating alternative meat products. By using plant-based ingredients and leveraging the capabilities of 3D printing, it is possible to replicate the texture and taste of real meat. This innovative approach could alleviate the strain on traditional meat production methods and help mitigate the rising cost of meat, as well as reduce carbon emissions. 3D-printed food also offers a higher level of customization, allowing consumers to personalize their meals according to individual preferences and dietary restrictions. The potential scalability of 3D-printed food production represents a key advantage in meeting global meat demands. As advancements in technology occur and increase efficiency, 3D printing has the potential to cater to a larger market and provide affordable alternatives to traditional meat products. This scalability could ultimately contribute to a reduction in prices, benefiting both the economy and consumers. Like any new technology, the widespread adoption, as well as governmental support, has proven to be a driving force in scalability. In other words, as more money and legislative support are funneled into an industry, that industry then has more resources to expand and evolve. One of the leading companies focused on cutting-edge 3D-printed meat technology is Steakholder Foods Ltd (NASDAQ: STKH). Steakholder Foods: Sustainable Meat Solutions Through 3D Printing Deep-tech food company Steakholder Foods is making significant strides in the field of 3D-printed meat. The company has developed a state-of-the-art industrial-scale 3D bioprinter that could be poised to revolutionize meat production. The company’s core mission is to offer a diverse range of meat alternatives crafted from plant-based ingredients and 3D-printed cultivated beef, with the aim of replicating the taste and texture of traditional meat products. By doing so, they are effectively helping transform the meat industry towards a sustainable and efficient future. The company has emphasized mastering the intricacies of 3D printing technology, enabling them to create a wide variety of meats including fish and beef steaks. In September the company introduced SH Beef Steak Ink, designed to be used with the company’s fusion printer technology. SH Beef Steak Ink was launched after the company was able to successfully demonstrate its ability to 3D print fish, which was a significant step in this technology as the company’s milestone marked the world’s first cultivated fish fillet. SH Beef Steak Ink's goal is realism through a design that meticulously replicates the fibrous texture, appearance and taste of a premium beef steak, providing an authentic experience. As part of Steakholder Foods' vision for scalability, Beef Steak Ink is designed to become an industry standard, compatible with their fusion printer, and accessible to businesses in the cultivated meat sector. 3D-printed food potentially offers a promising solution to the high prices and scarcity of meat. By offering customizable alternatives and showcasing scalability, this technology has the potential to meet global demand while reducing costs for the economy, manufacturers and consumers. With its advanced 3D-printed meat technology, Steakholder Foods is making strides toward revolutionizing the meat industry by providing a sustainable, scalable and environmentally sound way of producing food. This post contains sponsored content. This content is for informational purposes only and not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

December 14, 2023 09:25 AM Eastern Standard Time

Article thumbnail News Release

Forte Minerals Receives Environmental Impact Statement (DIA) Approval for its Esperanza Porphyry Cu-Mo Project in Southern Perú

Forte Minerals Corp.

Forte Minerals Corp. ( “ Forte ” or the “ Company ” ) ( CSE: CUAU ) ( OTQB: FOMNF ) ( Frankfurt: 2OA ) is pleased to announce receipt of the Environmental Impact Statement (“ DIA ”) approval for its 100% owned Esperanza porphyry Cu-Mo project (“ Esperanza ”) located in the department of Arequipa, in Southern Perú. The Company is delighted to be awarded the DIA approval by the Peruvian Ministry of Energy and Mines (“ MINEM ”) after more than two years of environmental baseline studies, archeological assessments, social engagement, and government processing. The DIA is an extensive environmental authorization that enables the Company to drill up to 40 platforms over a 5-year timeline. The final drill permit will be delivered by MINEM upon completion of the prior consultation process (Consulta Previa) with the local indigenous communities. Esperanza is an early-stage porphyry Cu-Mo prospect located in southern Perú, roughly 180 km northwest of Arequipa. The project consists of 4000 ha of mineral concessions 100% owned by Forte’s Peruvian subsidiary, Amaru Resources S.A.C. (“ Amaru ”). The prospect occurs within a magmatic arc composed of late Cretaceous to early Paleocene plutons traceable from Perú’s southern border to at least 200 km to the northwest of Arequipa. The Paleocene component of the magmatic arc defines the Southern Perú Copper Belt, known to host several giant porphyry Cu-Mo deposits, including Cerro Verde, Quellaveco, Cuajone and, Toquepala (Figure 1). GlobeTrotters Resources Perú S.A.C. ('GlobeTrotters') initially identified the Esperanza porphyry as part of their regional generative exploration program, targeting porphyry Cu-Mo systems along the extension of the Paleocene magmatic arc, extending northwest from Cerro Verde. Geological mapping, outcrop geochemical sampling and geophysical surveys completed by GlobeTrotters outlined a large 2.8 x 1.7 km Cu-bearing potassic alteration zone partially exposed beneath the post-mineral volcanic cover (Figure 2). Debris from an eroded phyllic altered jarositic leached capping zone exposed along the base of the post-mineral volcanic cover (Figure 3) and geophysical data (Figure 4) support the presence of a partially buried, large, mineralized porphyry complex with potential for a supergene enrichment blanket and primary Cu sulphide mineralization currently untested by drilling. Forte’s President and CEO Patrick Elliott comments, “ This is an outstanding untested porphyry Cu-Mo project that shows all the indications of a large, well preserved, mineralized porphyry complex situated in one of the most fertile mining jurisdictions in South America. The DIA approval for this project as well as our Pucarini high sulphidation epithermal gold project (news release dated September 29 th, 2023 ) are significant milestones and we are thrilled for the opportunity to maiden drill test these highly prospective targets. ” Forte’s Exploration Manager Manuel Montoya comments, “The Esperanza porphyry is interpreted to occur along the northwest extension of the Paleocene magmatic arc, which is known to host some of the largest porphyry Cu-Mo deposits in Perú including Cerro Verde, Quellaveco, Cuajone, and Toquepala. Esperanza has a similar large hydrothermal alteration footprint and exhibits the scale and geological features needed for a Tier-1 discovery.” ESG and Sustainability Forte's extensive experience in Perú gives us a unique understanding of the country's environmental and cultural landscape, distinguishing us from competitors. The Company collaborates with an environmental consultancy, complemented by our in-house social engagement team, to ensure our exploration, permitting, and community engagement practices meet compliance standards and foster positive, mutually beneficial relationships with local communities. Our recent partnership with Social Suite, a leading ESG software tailored for Junior Exploration and Mining companies, revolutionizes how we manage data and enhance our ESG reporting. This step forward is crucial in advancing transparency, strengthening stakeholder communication, and amplifying our impact on investors. Adding Mike Carter as our Lead Energy Advisor is a strategic move to bolster our ESG initiatives. His extensive experience will be invaluable in aligning Forte's community-centric projects with international standards and local community expectations. While our primary focus is discovering and exploring new Cu and Au deposits, Forte is equally committed to setting new benchmarks in ESG and sustainability within the junior exploration and mining industry. About Esperanza Esperanza is a 100% owned 4000 ha porphyry Cu-Mo project located along the northwestern extension of the Southern Perú Copper Belt. The Paleocene magmatic arc is endowed with some of the world’s largest copper deposits. Existing porphyry Cu mines, and recent discoveries make this a highly prospective region of Perú for Cu exploration, discovery, and future mine development. Esperanza consists of a large porphyry Cu-Mo system measuring 4.2 x 3.1 km in area and partially buried under Miocene post-mineral volcanic cover. The center of the porphyry system consists of a 2.8 x 1.7 km potassic alteration zone that is poorly exposed and inferred from the interpretation of existing geological, geochemical, and geophysical data. Geological mapping and sampling along the edge of the post-mineral cover outline Cu-bearing vein patterns typical of the potassic alteration. Exposures of debris from an eroded phyllic altered jarositic leached capping zone mapped at the base of the post-mineral cover also suggest the potential for supergene enrichment. This, in conjunction with the geophysical data, supports the presence of a large, mineralized porphyry complex buried beneath post-mineral volcanic cover, which is highly prospective for a supergene enrichment blanket and primary Cu mineralization which remains untested by drilling. Qualified Person and NI 43-101 Disclosure Richard Osmond, P.Geo., is the Qualified Person as defined by National Instrument 43-101 responsible for the accuracy of technical information contained in this news release. About Forte Minerals Corp. Forte Minerals Corp., a junior exploration company that has blended assets in partnership with GlobeTrotters Resources Perú S.A.C., has built a robust portfolio of high-quality Cu and Au assets in Perú. The Company aims to generate significant value growth by strategically situating early-stage and drill-ready targets alongside a historically discovered and drilled porphyry system for Cu and Au resource development. Notwithstanding its resource focus, Forte is deeply committed to community engagement, environmental stewardship, and fulfilling its societal responsibilities. On behalf of FORTE MINERALS CORP. (signed) “ Patrick Elliott” Chief Executive Officer Certain statements included in this press release constitute forward-looking information or statements (collectively, “forward-looking statements”), including those identified by the expressions “anticipate”, “believe”, “plan”, “estimate”, “expect”, “intend”, “may”, “should” and similar expressions to the extent they relate to the Company or its management. The forward-looking statements are not historical facts but reflect current expectations regarding future results or events. This press release contains forward looking statements. These forward-looking statements and information reflect management's current beliefs and are based on assumptions made by and information currently available to the company with respect to the matter described in this new release. Forward-looking statements involve risks and uncertainties, which are based on current expectations as of the date of this release and subject to known and unknown risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. Additional information about these assumptions and risks and uncertainties is contained under "Risk Factors and Uncertainties" in the Company's latest management’s discussion and analysis, which is available under the Company's SEDAR+ profile at www.sedarplus.ca, and in other filings that the Company has made and may make with applicable securities authorities in the future.. Forward-looking statements are not a guarantee of future performance and involve risks, uncertainties and assumptions which are difficult to predict. Factors that could cause the actual results to differ materially from those in forward-looking statements include the continued availability of capital and financing, and general economic, market or business conditions. Forward-looking statements contained in this press release are expressly qualified by this cautionary statement. These statements should not be read as guarantees of future performance or results. Such statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from those implied by such statements. Although such statements are based on management's reasonable assumptions, there can be no assurance that the statements will prove to be accurate or that management’s expectations or estimates of future developments, circumstances or results will materialize. The Company assumes no responsibility to update or revise forward-looking information to reflect new events or circumstances unless required by law. Readers should not place undue reliance on the Company’s forward-looking statements. Neither the Canadian Securities Exchange (the “CSE”) nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release. Contact Details Forte Minerals Corp. Patrick Elliott, President & CEO +1 604-983-8847 info@forteminerals.com Company Website https://forteminerals.com/

December 14, 2023 06:10 AM Pacific Standard Time

Image
Article thumbnail News Release

The Vaccine Group appoints advisory board in partnering push

Frontier IP Group PLC

Frontier IP Group PLC (AIM:FIPP, OTC:FGPPF) portfolio company The Vaccine Group (TVG) CEO Jeremy Salt speaks to Proactive after announcing that TVG has established an advisory board comprised of what the company describes as three high-ranking veterinary experts with strong business experience and connections. Salt explains that the board has been established to "help us scale up our novel herpes virus-based vaccine platform technology, which is the basis of our company." He also reveals more about the wider partnering and commercialisation drive. The following information regarding the members of the advisory board has been provide by TVG. Christophe Barnier-Quer. Christophe works for Merck Life Science in its Contract Development and Manufacturing Organisations branch. He has a PhD in pharmaceutical science from Leiden University, an MBA from HEC Paris and 15 years' experience in vaccine R&D, including as R&D director for GALVmed. Johan Dreesen. A doctor in veterinary medicine, Johann runs an animal health consultancy with a focus on start-ups, animal health pharmaceuticals and non-government organisations. He is a member of the Advisory Council to Kela Pharma and sits on the GALVmed board. He received his doctorate from Ghent University and worked in veterinary practice before leading businesses within Pfizer Animal Health and Zoetis. Vaughn Kubiak. Vaughn has more than 40 years' experience in global animal health in a wide range of senior technical and managerial roles in major companies across R&D, quality assurance and quality control, regulatory affairs, product management and commercial operations. Before retirement in 2019, he spent 17 years at Zoetis. Vaughn now works as a consultant and sits on several technical advisory boards. He has a Master of Science degree in microbiology from Emory University and is involved in the Scientific Committee of the International Alliance for Biological Standardisation. Contact Details Proactive UK Ltd +44 20 7989 0813 uk@proactiveinvestors.com

December 14, 2023 09:09 AM Eastern Standard Time

Video
Article thumbnail News Release

Dora Factory closes new strategic raise, announces new ecosystem partnerships

Dora Factory

Chainwire Dora Factory, a leading protocol specializing in decentralized governance and multi-chain funding for public goods, has successfully secured a new strategic investment led by dao5. This funding round, which also includes contributions from Whampoa Digital and seven other prominent investors, marks a significant expansion of Dora Factory’s capabilities. This infusion of capital bolsters Dora Factory’s mission to build more advanced infrastructures for its flagship Public Good Staking products, support essential public goods funding and pioneering research, as well as enhance Dora Vota – its newly launched specialized appchain for advanced voting and decentralized governance. In conjunction with this new investment round, Dora Factory is also expanding its roster of partnerships, including launching the app-chain quadratic funding rounds for Cosmos ecosystem contributors on Dora Vota. The initiative undertaken by Dora Factory presents a stark contrast to traditional primary investment models prevalent in the crypto sphere, which are often criticized for their lack of foundational value. Dora Factory’s new strategic raise round highlights its overwhelming fundamentals built over the past 24 months. Dora Factory distinguishes itself as a model for sustainable growth and long-term viability. Over more than two years, Dora Factory has substantiated its commitment to delivering concrete results, evidenced by the impressive growth of their public good validators, expanding to more than 30 ecosystems and a total value staked soaring at over $250M. Tekin Salimi, Founder and General Partner of dao5, has commented on the strategic significance of this investment: “Dora Factory is a critical piece of decentralized governance and public goods funding infrastructure for a long list of crypto ecosystems. While many longstanding projects have been undervalued in the recent bear market, dao5 is excited to inject new capital and hands-on support services to revitalize value for the Dora community.” Peter Huo, Co-CIO of Whampoa Digital, added: “Dora Factory is akin to the Y-Combinator of the Web3 universe, but powered entirely by Web3-native protocols, ecosystems, communities, and builders in a decentralized manner. It has continuously demonstrated itself as a vital component and catalyst for facilitating innovation across each and every ecosystem it engages with. In line with our investment thesis on Web3 applications and mass adoption, we at Whampoa Digital are excited to support Dora Factory in its mission and growth ahead.” Dora Factory’s approach to funding public goods across the entire industry is a remedial response to the recent trend of commercializing public goods and their funding, which often disproportionately impacts communities. Instead, Dora Factory emphasizes the intrinsic value of public goods and prioritizes sustainable funding mechanisms. Its commitment to community engagement and demonstrated impact solidify its reputation as a dependable partner to founders and the wider community. With an eye on the future, Dora Factory envisions a scenario where its public good staking is channelled towards funding frontier technologies. Leveraging its sustainable revenue streams, the protocol aims to support vital research and development in critical areas like quantum computing, space exploration and longevity research, setting itself apart as a forward-thinking leader in public goods funding and Web3 in general. Eric Zhang, Architect of Dora Factory, commented: “Dora Factory has already commenced significant efforts towards ‘frontier staking’ – bring Web3 infrastructures and funding mechanisms to support nascent space technology startups and communities. As it continues to broaden its influence and increase revenue, Dora Factory is committed to deepening its involvement in these sectors, recognizing their crucial role in shaping humanity’s future.” Dora Factory exemplifies a successful model in addressing the inefficiencies of traditional funding models, pioneering a sustainable and impactful approach towards public goods support. With its proven track record, dedication to community involvement, and visionary goals, Dora Factory is uniquely positioned to significantly influence the landscape of the future of PoS ecosystems via public good staking and decentralized governance in the coming years. This strategic raise, after Dora Factory’s $17.5 million raise in 2021, will accelerate the infrastructure development and public goods funding process in the multi-chain world. About Dora Factory: Dora Factory creates protocols and tech stacks for decentralized governance, empowering the new generation of PoS networks, open-source communities and decentralized organizations through trailblazing solutions like the Public Good Staking infrastructure and Dora Vota, a special-purpose blockchain for voting and governance. To learn more about Dora Factory, please see dorafactory.org About dao5: Founded by ex-Polychain General Partner Tekin Salimi, dao5 is a $125 million experimental cryptocurrency investment fund that will convert into a decentralized autonomous organization. About Whampoa Digital: Whampoa Digital is the Web3 VC Fund anchored by Whampoa Group, the Singapore-headquartered Whampoa Group. Whampoa Group was co-founded by Amy Lee, a former senior partner at Lee & Lee, a Singapore law firm started by her father, Lee Kim Yew and Singapore’s first prime minister, Lee Kuan Yew and his wife. The investment group’s other co-founder is Lee Han Shih, a member of the business family that co-founded Southeast Asian bank OCBC (OCBC.SI) and Lee Rubber Group, among other companies. Contact Details Dora Factory Steve Ngok steve@dorafactory.org

December 14, 2023 09:04 AM Eastern Standard Time

Image
Article thumbnail News Release

WagerWire Launching First-of-its-Kind Fantasy Sports Trading Marketplace with RealTime Sports

WagerWire

WagerWire, a marketplace technology and media company serving sportsbooks and fantasy operators, announced today that it will launch its trading functionality soon for the upcoming NFL postseason with RealTime Fantasy Sports, a hub for all types of fantasy sports competition that has been pioneering the space since 1995. The launch will bring about the first-ever real money trading marketplace for fantasy contests. RealTime Fantasy Sports’ players will be able to sell their entries while they are in progress on the platform. This marketplace demonstrates an additional use case for WagerWire technology beyond traditional sportsbooks, and into fantasy sports. “RT Sports now has something no other fantasy provider does, a true marketplace for pick ‘ems and entries,” said Tim Jensen, COO of RT Sports. “This changes the game for RT Sports. Our players had a taste of trading dynasty league teams in the offseason, but now we’re taking it to the next level, allowing them to trade pick’em plays, DFS, and even season-long leagues.” This news comes on the heels of WagerWire’s marketplace launch with Red Rock Resorts’ ($RRR) STN Play App and corresponding GLI-33 Certification for their integration with the GAN platform powering its sportsbook and iCasino. “Fantasy sports offers a new frontier for our trading technology. This proves WagerWire can make any gaming asset tradeable,” said Zach Doctor, co-founder and CEO of WagerWire. “RT’s loyal community, which has played with them for over two decades, made them the clear choice to be our first live partner for fantasy sports. We look forward to working closely to develop what will become the industry standard for all DFS apps.” WagerWire has plans to launch both their DFS and sports betting marketplace with Betr in 2024, following an announcement of a technology and media partnership earlier this year. WagerWire and RT will also collaborate on original content and media around markets and contests including live NFL and March Madness watch parties. About WagerWire WagerWire empowers bettors to take control of their action and treat their bets and fantasy entries as assets that can be bought and sold at any time. WagerWire’s proprietary GLI-33 certified marketplace technology can be directly embedded into sportsbook apps, and also powers the WagerWire app that serves as an aggregated marketplace of bets across partner sportsbooks. WagerWire also has a Media Network that generates engaging daily sports and betting content “By Fans, For Fans”. You can download WagerWire in the Apple App Store and Google Play, and find them @WagerWire on Twitter and LinkedIn, or @WagerWireLive on TikTok and Instagram. WagerWire is dedicated to providing users with a responsible gaming environment. If you think you or someone you know may have a gambling problem, resources are available. Call 1-800-GAMBLER. About RealTime Fantasy Sports RealTime Fantasy Sports is a leader in the fantasy sports league management and cash games industry. RealTime Fantasy Sports provides some of the top DFS and DFS Pickem contests in the industry. RealTime Fantasy Sports is the home of The Fantasy Championship. Additionally, RealTime Fantasy Sports has the most innovative fantasy games for a host of sports, including football, baseball and basketball. RealTime Fantasy Sports is your one-stop shop for all your fantasy needs. Serving fantasy players online since 1996. Contact Details Bailey Irelan birelan@hotpaperlantern.com Company Website https://www.wagerwire.com/

December 14, 2023 09:02 AM Eastern Standard Time

Article thumbnail News Release

Tharisa "cautiously optimistic" after tough year for PGMs

Tharisa PLC

Tharisa PLC (LSE:THS, JSE:THA, OTC:TIHRF) CEO Phoevos Pouroulis speaks to Thomas Warner from Proactive after the mining company published its annual report for a 2023 characterised by challenges not only for Tharisa but for the wider platinum group metals (PGM) sector. Pouroulis discusses what he has called the company's resilience amid a challenging year marked by weather impacts, declining platinum group metals (PGM) prices, and South African infrastructure issues. Despite these challenges, Tharisa maintained steady chrome production at 1.58 million tonnes, benefiting from a 25% increase in prices of the metal. The company navigated electricity and logistics problems, ensuring timely delivery to customers and achieving a healthy return despite the lower earnings from PGMs. Pouroulis highlights Tharisa's adaptability and strategic focus on co-producing PGM and chrome concentrates. Addressing the lengthening of the Karo platinum project timescale, he expresses cautious optimism for the PGM market's recovery, citing potential global economic shifts and growing recognition of mining's role in sustainable development. Financially, he says Tharisa boasts a strong balance sheet with over $269 million in cash and equivalents, enabling investment in current operations, technological advancements, and consistent dividend payments since 2016. Pouroulis also reveals Tharisa's focus on innovation through subsidiary Redox One, developing grid-scale energy storage solutions using chrome and iron from Tharisa mines. This development aligns with the company's commitment to a circular economy and addresses broader energy storage needs. Contact Details Proactive UK Ltd +44 20 7989 0813 uk@proactiveinvestors.com

December 14, 2023 09:00 AM Eastern Standard Time

Video
Article thumbnail News Release

El Salvador To Provide Visas With Crypto Contributions; Altcoin Hype Grows With Dogecoin (DOGE), Meme Moguls (MGLS) and Floki (FLOKI)

Total Media

Tether recently announced that El Salvador will offer visas in exchange for cryptocurrency contributions. This is a significant leap forward in global crypto adoption, which made many altcoins like Dogecoin (DOGE) and Floki (FLOKI) soar. However, one new ICO currently in Stage 1 of its presale is also making headlines - Meme Moguls (MGLS). With a projected surge of 100x in 2024, let’s look at all three of these tokens and what makes MGLS stand out. >>Buy Meme Moguls Today<< How High Will Dogecoin Go? According to crypto analyst Crypto Bullish, Dogecoin (DOGE) recently surpassed the $0.10 milestone. Most importantly, the Dogecoin price hit this mark on the same day as its 10th anniversary, December 6. After this surge, DOGE managed to maintain this level, and it now trades at $0.1006 on December 9. This bullish trend may continue when we look at the Dogecoin technical analysis. Over 25 technical indicators for it are flashing green signals, while this altcoin has experienced 20 positive trading days in the last month. These are great bullish signs, and experts have taken notice. They forecast a potential price surge to $0.1045 before 2023 ends. This Dogecoin price prediction makes DOGE a good altcoin to watch. Meme Moguls: The Top Crypto To Buy According to Statista, the meme industry value is expected to grow to $6.1B by 2025. While there are currently numerous meme-tokens, they may not match Meme Moguls (MGLS). Some experts have labeled it as the best crypto investment anyone can make at the moment. Essentially, Meme Moguls will introduce a one-of-a-kind play-to-earn game where you can learn the delicate art of investing and wealth-building. As a noteworthy feature, you may even compete against other traders in an exciting head-to-head battle with a “winner-takes-all” scenario. The primary rewards for this will be meme assets. The crypto community is excited about this play-to-earn token with utility as a meme coin. This frenzy is evident as over $178,000 USDT has been raised so far in Stage 1 of its presale. One MGLS now costs only $0.0021, but obtaining it will bring you many perks. For instance, you can stake your tokens for significant rewards and gain governance. If Meme Moguls gains the adoption it deserves as a project that will bring something never-before-seen, experts predict a 100x growth to $0.19 in 2024. Those who purchase it now will capitalize on this growth while obtaining a 30% deposit bonus. If you are active on the Meme Moguls X account, you will also participate in a $10,000 giveaway at the end of each presale stage. Floki (FLOKI): Reveals Valhalla Gameplay Floki (FLOKI) recently revealed the open-world gameplay for Valhalla, its new NFT metaverse game. This gameplay showcased many exciting game aspects like the daily quests, world exploration, and more. After this Floki news, its price increased from $0.00004029 on December 8 to $0.00004146 on December 9. Moreover, this Floki price may continue rising if we look at the technical analysis. It is now trading above its 50 and 100-day EMAs while also showing 26 technical indicators in the green. Market analysts have taken note of all these developments when making their Floki price predictions. Therefore, they foresee a potential rise to $0.00004608 before 2023 finishes for this altcoin. Crypto’s Evolution and Excitement As El Salvador pioneers a crypto-centric visa program, altcoins like Dogecoin, Meme Moguls, and Floki will gain traction. However, Meme Moguls will stand out with real utility (governance and as in-game currency), while Dogecoin and Floki are solely hype-based. Moreover, its low market cap means it will surge faster than its rivals as fewer new funds are needed. Therefore, Meme Moguls is the top crypto to buy right now. Visit Meme Moguls Contact Details Total Media Solutions media@Totalsolutionspr.io

December 14, 2023 09:00 AM Eastern Standard Time

1 ... 560561562563564 ... 3766