Fiat

Independent Proxy Advisory Firm Glass Lewis Recommends Hut 8 Shareholders Vote for Merger of Equals with US Bitcoin Corp

Retrieved on: 
Wednesday, August 30, 2023

TORONTO, Aug. 30, 2023 /PRNewswire/ -- Hut 8 Mining Corp. (Nasdaq: HUT) (TSX: HUT), ("Hut 8" or the "Company") one of North America's largest, innovation-focused digital asset mining pioneers and high performance computing infrastructure providers, announced today that Glass Lewis & Co. ("Glass Lewis"), the second-largest American proxy advisory services company in North America, has recommended that Hut 8 shareholders vote in favour of the resolutions approving the proposed business combination (the "Transaction") with U.S. Data Mining Group, Inc. dba US Bitcoin Corp ("USBTC").

Key Points: 
  • The recommendation comes as Hut 8 continues to make progress on the Transaction, pursuant to which Hut 8 and USBTC will combine in an all-stock merger of equals.
  • The combined company will be named Hut 8 Corp. ("New Hut") and will be a U.S.-domiciled entity.
  • This recommendation follows Institutional Shareholder Services Inc., the world's leading provider of corporate governance and responsible investment solutions, recommending that Hut 8 shareholders vote in favour of the resolutions.
  • "As we continue to make progress toward closing the Transaction with USBTC, we are very pleased that Glass Lewis has recommended Hut 8 shareholders vote in favour of all resolutions to establish New Hut," said Jaime Leverton, CEO of Hut 8.

Independent Proxy Advisory Firm ISS Recommends Hut 8 Shareholders Vote for Merger of Equals with US Bitcoin Corp

Retrieved on: 
Tuesday, August 29, 2023

The recommendation comes as Hut 8 continues to make progress on the Transaction, pursuant to which Hut 8 and U.S. Data Mining Group, Inc. dba US Bitcoin Corp ("USBTC") will combine in an all-stock merger of equals.

Key Points: 
  • The recommendation comes as Hut 8 continues to make progress on the Transaction, pursuant to which Hut 8 and U.S. Data Mining Group, Inc. dba US Bitcoin Corp ("USBTC") will combine in an all-stock merger of equals.
  • The combined company will be named "Hut 8 Corp." ("New Hut") and will be a U.S.-domiciled entity.
  • "We continue to make progress toward closing the Transaction with USBTC and are very pleased that ISS has recommended that Hut 8 shareholders vote in favour of all resolutions to establish New Hut," said Jaime Leverton, CEO of Hut 8.
  • "We believe that once completed, the merger will establish a strengthened, dynamic business backed by both Bitcoin and fiat revenues generated from robust North America-wide operations."

Independent Proxy Advisory Firm ISS Recommends Hut 8 Shareholders Vote for Merger of Equals with US Bitcoin Corp

Retrieved on: 
Tuesday, August 29, 2023

TORONTO, Aug. 29, 2023 /PRNewswire/ -- Hut 8 Mining Corp. (Nasdaq: HUT) (TSX: HUT), ("Hut 8" or the "Company") one of North America's largest, innovation-focused digital asset mining pioneers and high performance computing infrastructure provider, announced today that Institutional Shareholder Services Inc. ("ISS"), the world's leading provider of corporate governance and responsible investment solutions, has recommended that Hut 8 shareholders vote in favour of the resolutions approving the proposed business combination (the "Transaction") with U.S. Data Mining Group, Inc. dba US Bitcoin Corp ("USBTC"). 

Key Points: 
  • The recommendation comes as Hut 8 continues to make progress on the Transaction, pursuant to which Hut 8 and U.S. Data Mining Group, Inc. dba US Bitcoin Corp ("USBTC") will combine in an all-stock merger of equals.
  • The combined company will be named "Hut 8 Corp." ("New Hut") and will be a U.S.-domiciled entity.
  • "We continue to make progress toward closing the Transaction with USBTC and are very pleased that ISS has recommended that Hut 8 shareholders vote in favour of all resolutions to establish New Hut," said Jaime Leverton, CEO of Hut 8.
  • "We believe that once completed, the merger will establish a strengthened, dynamic business backed by both Bitcoin and fiat revenues generated from robust North America-wide operations."

Stellantis Launches SPOTiCAR in the US

Retrieved on: 
Thursday, August 24, 2023

Created to simplify the journey for private and business customers, SPOTiCAR brings together the approved used vehicles of official retailers

Key Points: 
  • Created to simplify the journey for private and business customers, SPOTiCAR brings together the approved used vehicles of official retailers
    Stellantis is expanding its SPOTiCAR program into the United States.
  • "SPOTiCAR arrives in the U.S. at a time of rapid change in the fast-growing, extremely competitive and highly digitalized global used-car market," said Head of U.S.
  • "With SPOTiCAR, Stellantis further establishes itself as a multi-brand pre-owned vehicle operator.
  • SPOTiCAR offers a choice of vehicles from all brands, including Alfa Romeo, Chrysler, Dodge, FIAT, Jeep, Ram and Wagoneer, through participating dealers across Stellantis' 2,600-plus dealer network.

Poof.io Announces Integration with Base, Coinbase's Layer-2 Blockchain

Retrieved on: 
Wednesday, August 23, 2023

Base establishes itself as a robust Layer-2 network, working alongside platforms like Optimism that offer EVM compatibility.

Key Points: 
  • Base establishes itself as a robust Layer-2 network, working alongside platforms like Optimism that offer EVM compatibility.
  • Poof's integration with Base has the potential to redefine the decentralized finance (DeFi) landscape, empowering token creators on Base to create their own US-compliant financial ecosystems.
  • Given the growing popularity of Base Chain applications—from Friends.tech to interchain protocols like Axelar—Poof will serve as a leading payment gateway for Base.
  • • Cross-Language Libraries: Poof's integration introduces the Base Chain API, compatible across popular programming languages, allowing developers to easily sync across the Base ecosystem using Poof's API .

Stellantis Completes Agreement With AGI to Support National US Dealership Electrification and EV Charging Capabilities

Retrieved on: 
Wednesday, August 23, 2023

The addition of AGI's electrical engineering, project management, fabrication and maintenance capabilities will provide an additional significant resource for Stellantis dealers to help accelerate their electric-vehicle (EV) readiness.

Key Points: 
  • The addition of AGI's electrical engineering, project management, fabrication and maintenance capabilities will provide an additional significant resource for Stellantis dealers to help accelerate their electric-vehicle (EV) readiness.
  • The move adds AGI to the Stellantis U.S. roster of EV infrastructure and training partners, including Future Energy and Vehya.
  • "We are working lockstep with our national dealer council to develop and support their long-term plans during this industry-changing transition.
  • "Stellantis recognizes the importance of dealer EV readiness and customer experience, both at the dealership level and as a leading global OEM.

Globiance Business Services Announces the Launch of Cloud Banking Services, Crypto Payment Gateway and QR POS

Retrieved on: 
Monday, August 14, 2023

Globiance, the all-in-one crypto / fiat exchange and banking platform, is pleased to announce the release of its Cloud Banking Services, Crypto Payment Gateway and & QR 'Point of Sale system.

Key Points: 
  • The Globiance Business Cloud Banking Service aims to make business banking far more convenient by facilitating the instant settlement of customer payment funds directly into the Merchants business account.
  • Globiance Business with Cloud Banking Services has been designed for merchants to expand their business reach by providing a smooth and secure way to accept payments globally, merging the best of traditional banking with the speed and convenience of digital payments.
  • Globiance Checkout - is the crypto payment gateway that enables merchants, instantly integrate cryptocurrency payments into their business via API and accept payments with a wide variety of currency options - with instant conversion and settlement.
  • Globiance Business services has been thoughtfully designed for making or receiving payments in multiple kinds of fiat and crypto currency with instant transaction settlement, while also offering Cloud Banking Services, exchanging, trading and market-tracking on the go.

CoinStore.com Announces the Listing of Centurion Invest <$CIX>

Retrieved on: 
Monday, August 14, 2023

Centurion Invest is a global ecosystem with regulated licenses and operations in Europe (Lithuania and Estonia) and offices in Middle East, Africa, Canada, Southeast Asia and LATAM.

Key Points: 
  • Centurion Invest is a global ecosystem with regulated licenses and operations in Europe (Lithuania and Estonia) and offices in Middle East, Africa, Canada, Southeast Asia and LATAM.
  • At Centurion Invest, the core mission is to empower financial freedom leveraging mass adoption of Cryptocurrency & Blockchain.
  • The Centurion Invest’s ecosystem is powered by $CIX, a deflationary ERC20 token.
  • The Centurion Invest ecosystem consists of a vast catalog of products.

McEwen Mining: Q2 2023 Results

Retrieved on: 
Thursday, August 10, 2023

TORONTO, Aug. 10, 2023 (GLOBE NEWSWIRE) -- McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) reported its second quarter (Q2) and half year (H1) results for the period ended June 30th, 2023.

Key Points: 
  • TORONTO, Aug. 10, 2023 (GLOBE NEWSWIRE) -- McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) reported its second quarter (Q2) and half year (H1) results for the period ended June 30th, 2023.
  • McEwen Copper: PEA for the Los Azules copper project issued in June 2023 with NPV8% of $2.7 Billion and payback period of 3.2 years, assuming a copper price of $3.75/lb.
  • Mr. McEwen continued, “At McEwen Mining, quarterly production from our mines delivered a marked improvement in terms of ounces produced over Q1.
  • Management will discuss our Q2 financial results and project developments and follow with a question-and-answer session.

Backed Brings Tokenized Real-World Assets to Six New Blockchains

Retrieved on: 
Tuesday, August 8, 2023

Zug, Switzerland, 8 August 2023 – Tokenized real-world assets (RWAs) developer Backed has announced that it is bringing its products to a series of new ecosystems.

Key Points: 
  • Zug, Switzerland, 8 August 2023 – Tokenized real-world assets (RWAs) developer Backed has announced that it is bringing its products to a series of new ecosystems.
  • Its incorporation of Chainlink price feeds has expanded the number of protocols and applications that can utilize Backed’s tokenized RWAs.
  • Backed’s tokenized real world assets can now be accessed on BNB Chain, Arbitrum, Fantom, Avalanche, Gnosis, Polygon, and Ethereum.
  • It also gives users the convenience of being able to use tokenized RWAs across a broad range of protocols.