TRX

OKX's 15th Consecutive Proof of Reserves Report: USD14.9 Billion in Primary Assets, Including Bitcoin Cash For First Time

Retrieved on: 
Wednesday, January 31, 2024

As with its previous reports, OKX's 15th consecutive monthly PoR reveals reserve ratios of over 100% for all of these assets.

Key Points: 
  • As with its previous reports, OKX's 15th consecutive monthly PoR reveals reserve ratios of over 100% for all of these assets.
  • The current reserve ratios for OKX's primary assets are as follows:
    OKX Global Chief Commercial Officer Lennix Lai said: "Our Proof of Reserves program stands as a symbol of transparency and trust in the industry.
  • We remain steadfast in our commitment to regularly publish monthly reports, incorporate user feedback and adopt industry best practices.
  • In October 2023, OKX marked the one-year anniversary of its PoR program with a video advocating for Proof of Reserves as an industry standard.

OKX's 15th Consecutive Proof of Reserves Report: USD14.9 Billion in Primary Assets, Including Bitcoin Cash For First Time

Retrieved on: 
Wednesday, January 31, 2024

As with its previous reports, OKX's 15th consecutive monthly PoR reveals reserve ratios of over 100% for all of these assets.

Key Points: 
  • As with its previous reports, OKX's 15th consecutive monthly PoR reveals reserve ratios of over 100% for all of these assets.
  • The current reserve ratios for OKX's primary assets are as follows:
    OKX Global Chief Commercial Officer Lennix Lai said: "Our Proof of Reserves program stands as a symbol of transparency and trust in the industry.
  • We remain steadfast in our commitment to regularly publish monthly reports, incorporate user feedback and adopt industry best practices.
  • In October 2023, OKX marked the one-year anniversary of its PoR program with a video advocating for Proof of Reserves as an industry standard.

TRX Gold Corporation Announces Ticker Symbol Change on the Toronto Stock Exchange to “TRX”

Retrieved on: 
Monday, January 22, 2024

TORONTO, Jan. 22, 2024 (GLOBE NEWSWIRE) -- TRX Gold Corporation (TSX: TNX) (NYSE American: TRX) (the “Company” or “TRX Gold”) is announcing today that the Company’s common shares listed on the Toronto Stock Exchange will begin trading under the symbol "TRX" effective Thursday January 25, 2024.

Key Points: 
  • TORONTO, Jan. 22, 2024 (GLOBE NEWSWIRE) -- TRX Gold Corporation (TSX: TNX) (NYSE American: TRX) (the “Company” or “TRX Gold”) is announcing today that the Company’s common shares listed on the Toronto Stock Exchange will begin trading under the symbol "TRX" effective Thursday January 25, 2024.
  • The new Canadian ticker symbol will now match the Company’s US ticker symbol, currently trading as “TRX” on the NYSE American exchange.
  • This change is meant to provide better alignment of the Company’s brand within Canadian and United States capital markets.
  • No action is required by the Company's shareholders with respect to the ticker symbol change, as its respective CUSIP number will remain unchanged.

Flash News: OKX Launches Exclusive Airdrop Campaign for On-Chain Earn Users Featuring SOL, DOT, MATIC and TRX

Retrieved on: 
Monday, January 15, 2024

OKX Launches Exclusive Airdrop Campaign for On-Chain Earn Users Featuring SOL, DOT, MATIC and TRX

Key Points: 
  • OKX Launches Exclusive Airdrop Campaign for On-Chain Earn Users Featuring SOL, DOT, MATIC and TRX
    OKX today announced the launch of an airdrop campaign for users of its On-Chain Earn product, which gives users the opportunity to earn rewards for their participation in Proof-of-Stake (PoS) staking and DeFi products.
  • From 12:00 (UTC) on January 11 to 12:00 (UTC) on January 25, users who stake SOL, DOT, MATIC or TRX will be eligible for exclusive airdrops of these tokens.
  • To be eligible for airdrop rewards, users will need to stake at least 1 SOL, 2 DOT, 1 MATIC or 20 TRX.
  • To enter the airdrop campaign, users simply need to visit the On-Chain Earn section of OKX - either on web or mobile.

TRX Gold Reports First Quarter 2024 Results

Retrieved on: 
Monday, January 15, 2024

TORONTO, Jan. 15, 2024 (GLOBE NEWSWIRE) -- TRX Gold Corporation (TSX: TNX) (NYSE American: TRX) (the “Company” or “TRX Gold”) today reported its results for the first quarter of 2024 (“Q1 2024”) for the three months ended November 30, 2023.

Key Points: 
  • TORONTO, Jan. 15, 2024 (GLOBE NEWSWIRE) -- TRX Gold Corporation (TSX: TNX) (NYSE American: TRX) (the “Company” or “TRX Gold”) today reported its results for the first quarter of 2024 (“Q1 2024”) for the three months ended November 30, 2023.
  • Key highlights for Q1 2024 include:
    Positive operating cash flow: The Company poured 4,927 ounces of gold and sold 4,895 ounces of gold, resulting in positive operating cash flow of $5.1 million.
  • Fiscal 2024 production guidance unchanged: The Company continues to expect gold production for 2024 to be between 25,000 – 30,000 ounces at total average cash cost1 of $800 – 900 per ounce.
  • TRX Gold’s CEO, Stephen Mullowney comments: “Q1 2024 has been an exceptionally busy quarter at Buckreef Gold as our team continues to work hard on our next growth phase, including another expansion in processing capacity at the mill.

Mercado Bitcoin Starts 2024 with Listing of TRON Network’s Native Token: TRX

Retrieved on: 
Saturday, January 13, 2024

Mercado Bitcoin Starts 2024 with Listing of TRON Network’s Native Token: TRX

Key Points: 
  • Mercado Bitcoin Starts 2024 with Listing of TRON Network’s Native Token: TRX
    The issuer is solely responsible for the content of this announcement.
  • São Paulo, 11 January 2024 - Mercado Bitcoin , Brazil's largest cryptocurrency exchange, proudly announces the listing of Tronix (TRX), the native utility token of the TRON network, enhancing its digital asset offerings.
  • Mercado Bitcoin is actively listing more tokens from the TRON ecosystem, including APENFT , BTT , JUST , SUN , USDD , and WIN , thereby expanding the range of digital assets available to its users.
  • David Uhryniak, Ecosystem Lead at TRON DAO , shared his enthusiasm about the listing, stating, "We're thrilled to see TRX join the lineup of digital assets on Mercado Bitcoin.

Leading Crunch Franchisee Primetime Fitness Partners with CapitalSpring for Strategic Growth

Retrieved on: 
Friday, January 12, 2024

NEW YORK, Jan. 12, 2024 /PRNewswire/ -- Today, Primetime Fitness, Michigan's premier Crunch Fitness franchise development group, announced its partnership with a leading specialist investor in multi-location businesses, CapitalSpring, which recently completed a growth investment in the franchisee.

Key Points: 
  • NEW YORK, Jan. 12, 2024 /PRNewswire/ -- Today, Primetime Fitness, Michigan's premier Crunch Fitness franchise development group, announced its partnership with a leading specialist investor in multi-location businesses, CapitalSpring, which recently completed a growth investment in the franchisee.
  • Their proven track record of scaling franchise platforms like Crunch Fitness was a key factor in ultimately selecting them as our equity partner," said Kevin Laferriere, CEO of Primetime Fitness.
  • "The future of Primetime Fitness and our vision of rapid, disciplined growth is in complete alignment with their ethos.
  • Primetime Fitness is a leading developer of Crunch Fitness Franchises in North America.

TIAN RUIXIANG Holdings Ltd Enters into Memorandum of Understanding to Acquire Licensed Insurance Broker in Hong Kong

Retrieved on: 
Monday, January 8, 2024

BEIJING, Jan. 08, 2024 (GLOBE NEWSWIRE) -- TIAN RUIXIANG Holdings Ltd (Nasdaq: TIRX) (the "Company"), a China-based insurance broker conducting business through its variable interest entity in China, today announced that TRX HongKong Investment Limited (“TRX HongKong”), a wholly-owned subsidiary of the Company, has entered into a Memorandum of Understanding (the “MoU”) to acquire Peak Consulting Services Limited (the “Target”), a licensed insurance brokerage in Hong Kong.

Key Points: 
  • BEIJING, Jan. 08, 2024 (GLOBE NEWSWIRE) -- TIAN RUIXIANG Holdings Ltd (Nasdaq: TIRX) (the "Company"), a China-based insurance broker conducting business through its variable interest entity in China, today announced that TRX HongKong Investment Limited (“TRX HongKong”), a wholly-owned subsidiary of the Company, has entered into a Memorandum of Understanding (the “MoU”) to acquire Peak Consulting Services Limited (the “Target”), a licensed insurance brokerage in Hong Kong.
  • The proposed acquisition demonstrates the Company’s strategic vision to expand into the Hong Kong insurance brokerage market.
  • Mr. Zhe Wang, Chairman and CEO of the Company commented: “We are excited about the proposed acquisition and the immense potential for the Company to expand into the Hong Kong insurance brokerage market, which can offer robust growth opportunities.
  • This proposed acquisition aligns well with our long-term strategic vision of becoming a player in the global insurance brokerage industry."

Flash News: OKX Adds Tron, Polkadot and Cronos Tokens to On-Chain Earn Product, Giving Users the Opportunity to Earn Up to a 17% APR

Retrieved on: 
Friday, December 8, 2023

OKX Adds Tron, Polkadot and Cronos Tokens to On-Chain Earn Product, Giving Users the Opportunity to Earn Up to a 17% APR

Key Points: 
  • OKX Adds Tron, Polkadot and Cronos Tokens to On-Chain Earn Product, Giving Users the Opportunity to Earn Up to a 17% APR
    OKX today added Tron (TRX), Polkadot (DOT) and Cronos (CRO) to its On-Chain Earn product, which gives users the opportunity to earn rewards for their participation in Proof-of-Stake (PoS) staking and DeFi products.
  • With the three latest additions to On-Chain Earn, users can now stake TRX, DOT and CRO and start earning rewards.
  • To stake TRX, DOT or CRO on On-Chain Earn, users simply need to navigate to the 'Grow' section on the OKX website or app .
  • By adding TRX, DOT and CRO to On-Chain Earn, OKX continues to expand its offerings and provide users with more opportunities to maximize the potential of their assets.

TRX Gold Reports Year-End 2023 Results

Retrieved on: 
Thursday, November 30, 2023

TORONTO, Nov. 30, 2023 (GLOBE NEWSWIRE) -- TRX Gold Corporation (TSX:TNX) (NYSE American:TRX) (the “Company” or “TRX Gold”) today reported its results for the year end August 31, 2023 and fourth quarter (“Q4 2023”).

Key Points: 
  • TORONTO, Nov. 30, 2023 (GLOBE NEWSWIRE) -- TRX Gold Corporation (TSX:TNX) (NYSE American:TRX) (the “Company” or “TRX Gold”) today reported its results for the year end August 31, 2023 and fourth quarter (“Q4 2023”).
  • TRX Gold’s CEO, Stephen Mullowney comments: “2023 was an important year for TRX Gold as it was a year that we transitioned into growth mode.
  • On the production side, Buckreef Gold poured 20,759 ounces of gold, in line with full year production guidance, and sold 20,864 ounces of gold.
  • Buckreef Gold poured 4,965 ounces of gold and sold 4,796 ounces of gold, resulting in positive operating cash flow for the Company of $2.7 million.