china’s-bitcoin-mining-disruption-offers-bit-digital-a-growth-opportunity

China’s Bitcoin Mining Disruption Offers Bit Digital A Growth Opportunity

 

Bit Digital, Inc. (Nasdaq: BTBT) (“Bit Digital” or the “Company”), a bitcoin mining company headquartered in New York and one of the largest currently-owned fleets among US listed bitcoin miners, presented highlights from its second quarter operations at Sequire’s Blockchain Conference July 15th.

Bit Digital’s CEO Bryan Bullett made the presentation with the full transcript found in Bit Digital’s Form 6-K filed on July 15th found here: https://www.sec.gov/Archives/edgar/data/1710350/000121390021036962/ea144234ex99-1_bitdigital.htm

“We welcomed being invited to Sequire’s event featuring Bit Digital and other leading Blockchain companies,” says Sam Tabar, Chief Strategy Officer at the Company, “The conference provided our CEO a great venue for Bit Digital to share its positioning and our special opportunity related to China.”

cryptocurrency-exchange-paybis-rolls-out-instant-bank-payments-globally,-cuts-fees-to-0.99%

Cryptocurrency Exchange Paybis Rolls Out Instant Bank Payments Globally, Cuts Fees to 0.99%

 

Global cryptocurrency exchange Paybis is introducing several new payment options for its international customers. Paybis users will now be able to purchase cryptocurrencies using the United Kingdom’s (UK) Faster Payments system and the European Union’s (EU) Single European Payment Area (SEPA) for instant GBP and EUR deposits respectively. The exchange has also launched local bank payments in the United States (US) as well as SWIFT USD to allow international payments.

A Worldwide Solution for the Best Price
These additions are part of Paybis’ mission to help its customers participate in the cryptocurrency and blockchain world by cutting costs and lowering the barrier to entry. Accordingly, as part of the launch of new payment options, Paybis is reducing its fee for cryptocurrency purchases to 0.99% from 2.99%, as well as increasing spending limits for all customers, from 200,000 USD in single-purchases, to 1,000,000 USD.

Paybis on the Move
Paybis has been busy developing its cryptocurrency exchange services since its founding in 2014. The global cryptocurrency exchange has added several features, including a blog to help its users keep up with the rapidly-developing crypto-world, a referrals & affiliate program which rewards users who refer new traders and a news section so its users can keep up with the exchange’s developments.

Paybis has also introduced crypto-price tracking pages that anyone can use to check prices in realtime. Moreover a customer can check bitcoin price or any other crypto price in more than 90 different local currencies. Moreover, Paybis has added crypto-calculator pages, enabling visitors and customers to easily calculate the value of one of the 400 crypto-assets in several different currencies. All of these features are intended to ensure customers can buy bitcoin and other currencies easily and efficiently. In March 2021, the exchange also announced it is preparing to offer support for New York customers, which would bring the total number of US states it serves to 49.

callsign-is-invited-to-join-the-world-economic-forum’s-global-innovators-community

Callsign is invited to join the World Economic Forum’s Global Innovators Community

 

Callsign, the digital trust pioneer, has been invited by the World Economic Forum to join its Global Innovators Community; a group of the world’s most promising start-ups and scale-ups that are at the forefront of technological and business model innovation.

The World Economic Forum provides the Global Innovators Community with a platform to engage with public and private-sector leaders and to contribute new solutions to overcome current crises and build future resiliency.

Dr, Zia Hayat CEO and Chairman of Callsign explained: “Founded fifty years ago, the World Economic Forum is still at the forefront of solving some of the most pressing global challenges we face today. The ‘Fourth Industrial Revolution’ means our world is more connected than ever and the World Economic Forum also recognises that this revolution presents an opportunity to adopt technologies and establish digital trust for a more inclusive and human centred future. It’s a privilege to be invited to work with the World Economic Forum and to collaborate with organizations in public, private and academic sectors as well as governments to establish digital trust and secure the future of the global economy, equitably.”

Prior to joining the Global Innovators Community, Callsign was recognized by the World Economic Forum as a Technology Pioneer in 2019 for its potential to revolutionize how people digitally identify themselves and, pioneering a new approach to re-establishing digital trust. Callsign’s unique intelligence-driven authentication positively identifies users, delivering safety and minimal friction for genuine users, while ensuring that bad actors are blocked. This is being used to underpin digital trust across financial institutions, governments and commerce globally.

Callsign is currently participating in the World Economic Forum communities on Cybersecurity, Blockchain and Machine Learning and Artificial Intelligence.

Companies who are invited to become Global Innovators will engage with one or more of the Forum’s Platforms, as relevant, to help define the global agenda on key issues. To learn more about the Global Innovators Community, visit the World Economic Forum website.

tsx-venture-exchange-stock-maintenance-bulletins

TSX Venture Exchange Stock Maintenance Bulletins

 

TSX Venture Exchange Inc. (the “Exchange”) has accepted for filing the amendment and restatement of the articles of Evermount Ventures Inc. (the “Company”) (renamed OOOOO Entertainment Commerce Limited) to create a new class of subordinate voting shares (the “Subordinate Voting Shares”), create a new class of multiple voting shares (the “Multiple Voting Shares”) and re-designate each outstanding common share of the Company as a Subordinate Voting Share. The aforementioned capital reorganization was completed in connection with the Company’s Qualifying Transaction, as further described below, and was approved by a special resolution of the shareholders of the Company on March 30, 2021. For further details, refer to the Company’s information circular dated March 3, 2021, which is available under its profile on SEDAR.

Qualifying Transaction-Completed/New Symbol

The Exchange has accepted for filing the Company’s arm’s length Qualifying Transaction (the “QT”) and related transactions, all as principally described in the Company’s filing statement dated March 10, 2021 (the “Filing Statement”). As a result, at the opening on Thursday, July 22, 2021, the Company will no longer be considered a Capital Pool Company. The QT includes the following matters, all of which have been accepted by the Exchange.

The Company has acquired all outstanding shares of Video Commerce Group Limited. (the “Target”) pursuant to a securities exchange agreement among the Company, the Target and the Target’s shareholders dated September 1, 2020, as amended, for aggregate consideration of 71,201,966 post-Consolidation (as defined below) shares of the Company, as further described below: (i) 35,108,195 Subordinate Voting Shares were issued to Target shareholders (except for Samuel Jones) in exchange for each ordinary share of the Target held by such shareholders; (ii) 17,332,771 Multiple Voting Shares were issued to Samuel Jones in exchange for each ordinary share of the Target held by Samuel Jones; and (iii) 18,761,000 Subordinate Voting Shares were issued to the subscribers under the Concurrent Financing (as defined below) completed by the Target. Samuel Jones is the sole holder of the Multiple Voting Shares and the issuance of the Multiple Voting Shares was approved by the shareholders of the Company on March 30, 2021.

In connection with the QT, the Target completed a non-brokered private placement for gross proceeds of $15,008,800 (the “Concurrent Financing”), pursuant to which 18,761,000 ordinary shares of the Target were ultimately issued at a price of $0.80 per share, each of which has been exchanged for one Subordinate Voting Share (post-Consolidation) in connection with the closing of the QT. Finders were paid total cash fees of $530,928 and were issued a total of 478,360 broker warrants (the “Broker Warrants”) in connection with the Concurrent Financing. Each one Broker Warrant is exercisable to acquire one Subordinate Voting Share (post-Consolidation) a period of one year from the closing of the QT at a price of $0.80 per Subordinate Voting Share.

An aggregate of 3,000,000 Subordinate Voting Shares (post-Consolidation) were issued to arm’s length finders (Wayne Lloyd and Pimlico Partners LLC) in connection with the QT.

The Exchange has been advised that closing of the QT occurred on July 19, 2021.

For further information, see the Filing Statement and the news releases of the Company dated July 19, 2021 and June 21, 2021, which are available under the Company’s profile on SEDAR.

Name Change and Consolidation

Pursuant to a resolution passed by the directors of the Company on December 31, 2020 and June 30, 2021, the Company has consolidated its capital on a two (2) old for one (1) new basis (the “Consolidation”).  The name of the Company has also been changed as follows.

Effective at the opening on Thursday, July 22, 2021, the Subordinate Voting Shares of OOOOO Entertainment Commerce Limited will commence trading on TSX Venture Exchange, and the common shares of Evermount Ventures Inc. will be delisted.  The Company is classified as a ‘Technology’ company.

coingeek-new-york-will-take-place-at-the-sheraton,-times-square-(october-5-7)

CoinGeek New York will take place at The Sheraton, Times Square (October 5-7)

 

The eighth installment of the CoinGeek Conference series will take place at the Sheraton New York Times Square Hotel, October 5-7. The conference will allow over 2,000 people to the Times Square event! But as always if you cannot make it to New York the event will, as ever, be available on the CoinGeek Conference Virtual Platform.

CoinGeek New York will be themed ‘It’s About Time’; the BSV Enterprise Blockchain can handle almost limitless amounts of data, all immutably stored and at a very low cost, and it’s about time big business took notice of what BSV can do for them. Unlike the tech behind the likes of Facebook, Twitter and Instagram, with applications built on the BSV Blockchain the user keeps their data and can even earn from it as a whole new internet (the Metanet).

The last CoinGeek Conference was held in Zurich, the heartland of the European banking world. The event was permitted a small crowd of attendees, and the live streams and replays have proved to be extremely well watched.

In October of 2020, despite the global pandemic, CoinGeek Live managed to broadcast over 90 speakers – all of which were delivered live, not pre-recorded – over three days from studios in London and New York. This unique hybrid live & virtual event experience attracted an audience from around the globe with a total of over 300,000 views of the conference broadcast in English and in Chinese. Earlier in 2020, CoinGeek London saw over 1,000 in-person attendees.

Previous CoinGeek Conferences have also appeared in SeoulHong Kong and Toronto.

online-blockchain-plc:-umbria-defi-protocol-releases-exceptional-results-for-cross-chain-transfer-of-usdt

Online Blockchain plc: Umbria DeFi protocol releases exceptional results for cross-chain transfer of USDT

 

The testing of Umbria Network’s cross-chain Narni bridge is in its final stages.

Narni will enable users to move ERC-20 tokens securely from one blockchain network to another cheaply, quickly and easily. In testing, moving USDT from the Ethereum network to the Polygon network (formerly Matic) took an average of 47 seconds and cost just $2.80; Polygon to Ethereum took an average of two minutes 12 seconds and cost $5.62. This is significantly faster and cheaper than the Polygon web wallet bridge, which can cost upwards of $200 and take several hours for a transaction to complete.

Umbria – https://umbria.network/ – has identified that no current bridging system facilitates the movement of large amounts of crypto assets from one blockchain to another in a cost-effective, fast and easy-to-understand way. Narni Bridge is being developed to make the whole ecosystem more efficient and remove the barriers that users presently experience. It will allow participants to capitalise on arbitrage opportunities effortlessly and at fractional cost.

Narni will empower users to rapidly migrate liquidity in high orders of magnitude from any decentralised exchange on any EVM compatible blockchain into Umbria’s DEX. This will alleviate the friction point other exchanges currently experience due to being confined to a single network.

As well as enabling the transfer of assets between chains, the Narni bridge will reward participants for providing liquidity in a new type of farming, which is unlike that of a traditional AMM style of exchange, traditional farms or vaults. Those staking single assets (as opposed to pairs) on the bridge will earn APY, the highest rate of which is expected for stablecoin farmers. The auto-harvesting feature of Narni will also save users money and is part of Umbria’s drive to make the experience as fruitful as possible for liquidity providers.

Umbria will have a bridge, which allows people to potentially transfer all their assets very easily from any DEX – such as Uniswap or SushiSwap – on any EVM compatible blockchain into the Umbria protocol. This will give Umbria a massive advantage over many of its DeFi competitors,” said Oscar Chambers, Co-lead developer of Umbria. “Umbria is going to be like the mothership with lots of people passing through its ecosystem as they move from one corner of the DeFi space to the other.”

caceis-goes-live-with-retail-and-institutional-srd-ii-solution-from-broadridge

Caceis Goes Live with Retail and Institutional SRD II Solution from Broadridge

 

In response to new regulatory obligations under the updated Shareholder Rights Directive (SRD II), CACEIS Bank S.A., Germany Branch has selected global Fintech leader Broadridge Financial Solutions, Inc. (NYSE:BR) to provide it with a full suite of advanced solutions for the Directive. Caceis is running live on Broadridge’s SRD II solutions, enabling it to address the Directive’s requirements for increased governance and transparency through a strategic, end-to-end process for voting and disclosure across all in-scope European markets.

Caceis is using Broadridge’s enhanced Global Proxy Voting platform for its German domestic and cross-border custody operations, benefitting from high levels of straight through processing efficiency throughout the voting lifecycle for its broad network of bank and broker intermediaries as well as for their direct retail and institutional investor clients. The bank is also using Broadridge’s new Shareholder Disclosure Hub, both in Germany and more widely across the Caceis Group, enabling it to meet issuer requests for shareholder details within the tight deadlines mandated by the Directive.

“We welcome and fully support the heightened levels of corporate governance introduced through SRD II, together with its objectives for improved communication standards between issuers and investors, and the drive for greater shareholder engagement,” said Stéphane Arvor, Member of the German Executive Committee and responsible for Information Technologies, Caceis Bank S.A., Germany Branch.  “Working with Broadridge as our trusted partner, we have benefitted from their proven global leadership in proxy vote processing, their deep and highly experienced talent pool of knowledgeable experts, and their exceptional proposition that supports both retail and institutional shareholder communications and their respective multi-channel delivery requirements.”

“Caceis has taken a structured and responsible approach to SRD II compliance, enabling it to play an important role in advancing shareholder democracy and market-wide governance standards throughout the shareholder communications chain,” said Demi Derem, General Manager for International Investor Communications, Broadridge.  “SRD II is global in its scope, impacting any financial intermediary that holds or services European equities.  Many firms like Caceis, including banks, brokers and wealth managers, are required to provide voting and disclosure services for the first time, and it is important that they meet their new obligations.”

Broadridge’s enhanced Global Proxy solution utilises a white labelled retail voting platform, ProxyVote©, as well as its multi-custodial institutional voting platform, ProxyEdge©.  It enables same-day event capture and distribution, same-day proxy vote processing and vote confirmations, advanced multi-channel retail functionality and European client data storage.  Its new Shareholder Disclosure Hub, an industry-wide digital solution, uses the latest API- and blockchain-based technologies to address SRD II’s new shareholder disclosure requirements and provide class-leading data security.

Broadridge has successfully implemented over 300 client solutions for SRD II, in markets spanning EMEA, North America and Asia Pacific.

omni-closes-its-$2mm-private-token-sale,-10x-oversubscribed,-adds-advisory-team,-&-plans-apollo-x-ido-&-trading-on-pancakeswap-on-july-16th

Omni Closes its $2mm Private Token Sale, 10x Oversubscribed, Adds Advisory Team, & Plans Apollo-X IDO & Trading on PancakeSwap on July 16th

 

Omni today announced that it had closed its Private Token Sale of $2mm and that it would perform its Initial Dex Offering / Public Sale on July 16th on PAID’s Apollo-X IDO platform. The private sale of $10mm was oversubscribed by approximately $20mm (10x oversubscribed).  It also announced the addition of key strategic advisors including the crypto industry’s leading Capital Markets & IDO Advisor Orion Depp of Master Ventures & the Master Ventures Polkadot VC Fund & Willy Kerr, Co-Founder of PAID Network’s Apollo-X IDO Platform.   OMNI will be the 1st IDO launch in history on Apollo-X’s revolutionary new Initial Dex Offering Platform.

Omni’s CEO Manny Hernandez states, “The Private Sale of OMNI was highly coveted and we were oversubscribed by nearly $20mm, almost 10x the sale amount. We’d like to thank our community for all the support of our project. Our upcoming IDO and PankcakeSwap listing marks a strong step in our long-term goal of decentralizing Omni’s ownership and enabling the user-based monetization of social-media. We intend to build upon the models of Tik-Tok, Instagram, & Facebook with bleeding-edge interactive technology and a financially transparent blockchain-based back-end.  We look forward to an exciting IDO on the PAID Network’s Apollo-X platform, the first ever of its kind.”

Petrix Barbosa, OMNI’s Chief Development Officer also states, “Omni intends to be a driving source of inspiration-based wealth internationally.  By allowing its users to monetize their own social media content Omni intends to help bootstrap potentially millions of international citizens who are not given the same economic opportunities as those in the Western world.  We have recently witnessed Instagram usage in Brazil far exceed that of the U.S. as South American social media influencers seek to better their financial standing in an economically-challenged post-pandemic world.   We intend to embrace this movement, create positive societal reform, and raise the bar for social media apps’ responsibility to the world.”

OMNI IDO Advisor & Master Ventures Polkadot VC Fund Manager Orion Depp also states, “Unlike other social media apps who push back against the use of blockchain or those who try to centralize its usage such as Facebook with Libra / Diem, Omni intends to embrace blockchain by using the Substrate framework developed by Parity, one of the backers of Polkadot/Kusama.  This gives Omni a huge first-mover’s advantage in decentralizing and allowing for shared social media monetization along with other industry leaders such as Bitclout, SubSocial, or Jack Dorsey’s BlueSky.”

irisguard,-the-world-leader-in-iris-enabled-payments,-triumphs-at-the-glomos-at-mwc-barcelona-2021

IrisGuard, the world-leader in iris-enabled payments, triumphs at the GLOMOs at MWC Barcelona 2021

 

IrisGuard are delighted to have won a GLOMO Award, Best Mobile Innovation Supporting Emergency or Humanitarian Situations for “Covid-safe mobile iris payment solution, enabling uninterrupted access to aid for millions”. The Global Mobile (GLOMO) Awards celebrate the companies and individuals driving innovation in the rapidly evolving mobile industry.

Under the Tech4Good category the award was presented live by Mats Granryd, Director General of the GSMA. As IrisGuard are a long-term supporter and practitioner of five of the main UN SDGs, this was particularly meaningful as it was he who led the mobile industry in becoming the first sector to broadly commit to the United Nations Sustainable Development Goals (SDGs) in 2016 and is now spearheading initiatives to accelerate the mobile industry’s impact in all 17 of the SDGs.

Making the final 5 shortlist, IrisGuard was judged against strong contenders including Asiacell in Iraq, and, SK Telecom and the Korean Red Cross. The Judges had this to say about our win “An effective technology and good solution, particularly for a refugee community, but with many other potential humanitarian applications.”

The GSMA’s CEO, John Hoffman commented, “Congratulations to all the winners and nominees of the GSMA’s GLOMO Awards 2021. You truly embody the theme of this year’s event, Connected Impact. Given the particularly challenging circumstances we’ve all faced over the last 15 months, it’s more important than ever to come together to recognise the incredible innovation and ingenuity shaping our industry, as well as the positive impact this is making on the world around us.”

For IrisGuard, the deployment of usage this award recognises started in 2019. Building upon our EyeCloud® back-end services the EyePay® Phone allowed humanitarian support to be delivered daily direct to the point of need whilst still maintaining safe contactless practices and providing iris biometric proof-of-life. Donor accountability and personal entitlement was protected and there was no requirement to use any other form of ID documents or cards, which can often be lost or fraudulently used. Currently utilized by nearly 40 UN agencies and NGOs in partnership with banks, post offices, mobile wallets and national ID schemes, our systems provide a targeted financial platform for regular distribution of aid, pensions, social welfare and ever more increasingly, cash assistance.

Our latest innovations have allowed not just un-interrupted supply during Covid lockdown but expansion of the service into homes and greater local support. Over 2.7 million people, who had no other means of receiving access to aid in cash and food continue to receive support during this current pandemic.

Simon Reed, Deputy Director of IrisGuard commented on the win, “The strategic introduction of the unique iris EyePay® Phone in 2019 dramatically increased the ability to serve more refugees and people in need quickly and efficiently. Winning this award as a true Tech4Good deployment makes me extremely proud personally and for the whole team at IrisGuard.”

quantexa-redefines-data-and-analytics-to-lead-contextual-decision-intelligence-category-with-$153m-series-d-funding

Quantexa Redefines Data and Analytics to Lead Contextual Decision Intelligence Category with $153M Series D Funding

 

Quantexa, the data and analytics software company pioneering Contextual Decision Intelligence (CDI), today announced it has raised $153M in Series D funding from Warburg Pincus and a growing group of blue-chip investors. This latest fundraise follows an impressive year of 108% growth for Quantexa during 2020/21, boosted by significant growth from new clients across geographies and industries.

This round was led by Warburg Pincus a global private equity firm focused on growth investing with a five-decade track record of handpicking future market leaders. Existing investors participating were Dawn Capital, AlbionVC, Evolution Equity Partners, HSBC, ABN AMRO Ventures and British Patient Capital. The new investment follows a Series C round in July 2020.

Quantexa will use the investment to accelerate its plans for regional market expansion and build out its product portfolio development further in areas such as data management and industry verticals including banking, insurance, public sector, and technology, media and telecom. Quantexa will additionally look for inorganic growth opportunities as part of its corporate strategy.

Deployed across more than 70 countries with thousands of users, Quantexa serves blue-chip banks, insurers and government organizations globally, including 7 of the top 10 UK and Australian banks and 6 of the top 14 financial institutions in North America, with flagship customers such as HSBC and Standard Chartered Bank. Quantexa has also established a growing ecosystem of partners, including Accenture, Deloitte, Microsoft and Google.

Vishal Marria, CEO of Quantexa commented, “We are thrilled to welcome Warburg Pincus to our team as we continue to accelerate the growth of our global software business and lead the CDI category. Warburg Pincus has a distinguished track record and brings deep experience of funding winners globally.”

“What excites us most is the growing demand we see across sectors for enterprises to realize meaningful value from their data across the organization. Quantexa is supporting customer innovation so they can make trusted operational decisions. We have seen the need for Contextual Decisioning increase exponentially within the financial sector and with this round we are able to capitalize on the growing demand for CDI across multiple new sectors in a market worth over $114 billion according to IDC.”

Quantexa’s ground-breaking CDI platform is revolutionizing the data and analytics industry for operational decision making by solving the age-old problem of joining the dots of internal and external data. Using CDI, organizations can create a scalable, true single customer view of data and deploy new data and analytics technologies such as entity resolution, graph analytics and AI, to create graph-based network views, supporting any number of use cases, all from a single software platform.

CDI is helping organizations to take the efficiency and accuracy of their master data, risk and compliance programs to a new level, at a time when cloud migration, digital transformation and resilience have never been more important. Furthermore, Quantexa is championing the use of data for good in areas such as anti-human trafficking.

Adarsh Sarma, managing director and co-head of Europe at Warburg Pincus, said: “Quantexa’s proprietary technology enables clients to create single views of individuals and entities, visualized through graph network analytics and scaled with the most advanced AI technology. This capability has already revolutionized the way KYC, AML and fraud processes are run by some of the world’s largest financial institutions and governments, addressing a significant gap in an increasingly important part of the industry. The company’s impressive growth to date is a reflection of its invaluable value proposition in a massive total addressable market, as well as its continued expansion across new sectors and geographies.”

Peter Deming, managing director and head of financial services across EMEA at Warburg Pincus, added: ”Quantexa’s advanced AI technology has delivered significant productivity gains, cost benefits and substantially mitigated regulatory and operational risks for financial institutions and governments all over the world. The superb management team, led by CEO Vishal Marria, has already secured a world-class client base and we look forward to leveraging Warburg Pincus’ sector expertise and network to support the company on its global expansion across sectors and use cases.”