TRX

TRX Gold Reports Third Quarter 2023 Results

Retrieved on: 
Monday, July 17, 2023

TORONTO, July 17, 2023 (GLOBE NEWSWIRE) -- TRX Gold Corporation (TSX: TNX) (NYSE American: TRX) (the “Company” or “TRX Gold”) today reported its results for the third quarter of 2023 (“Q3 2023”) for the three months ended May 31, 2023.

Key Points: 
  • TORONTO, July 17, 2023 (GLOBE NEWSWIRE) -- TRX Gold Corporation (TSX: TNX) (NYSE American: TRX) (the “Company” or “TRX Gold”) today reported its results for the third quarter of 2023 (“Q3 2023”) for the three months ended May 31, 2023.
  • Key highlights for Q3 2023 include:
    1,000 tonne per day (“tpd”) mill running efficiently: In Q3 2023, Buckreef Gold poured 4,764 ounces of gold and sold 4,810 ounces of gold, resulting in positive operating cash flow for the Company of $3.2 million.
  • Year to date, Buckreef Gold poured and sold 15,794 and 16,068 ounces of gold respectively; both nine-month production records for the Company, resulting in positive operating cash flow of $14.6 million.
  • Maintaining strong profit margins: In Q3 2023, Buckreef Gold recognized revenue of $9.3 million and cost of sales of $5.4 million, generating gross profit of $3.9 million, gross profit margin of 42% and Adjusted EBITDA1 of $3.3 million.

Huobi is dedicated to User Asset Security and Releases a Firm Response towards Baseless Claims of 'Asset Decline'

Retrieved on: 
Thursday, July 13, 2023

To prevent panic among users, Huobi has released a necessary response based on data and facts.

Key Points: 
  • To prevent panic among users, Huobi has released a necessary response based on data and facts.
  • Since July 6, some social media influencers have posted unsubstantiated claims about "asset decline" at Huobi.
  • In response, the exchange made the following statements:
    Those influencers' claims are based on asset data provided by Glassnode.
  • As a prominent digital asset exchange, Huobi prioritizes its users and considers the protection of user funds as its primary responsibility.

Scilex Holding Company Announces Results From Independent Market Research Study Conducted with Pain Specialists and HCPs Treating Post-Herpetic Neuralgia (PHN) Pain on ZTlido®

Retrieved on: 
Thursday, July 13, 2023

Neurologists and HCPs estimate that they will prescribe ZTlido® to 64% of their patients in cases where they are using market leading neuropathic pain products.

Key Points: 
  • Neurologists and HCPs estimate that they will prescribe ZTlido® to 64% of their patients in cases where they are using market leading neuropathic pain products.
  • 1
    Unlike conventional lidocaine patches, ZTlido® utilizes ZTech technology—an advanced adhesion and delivery system designed for a lidocaine patch, allowing it to efficiently deliver 12 hours of pain relief for patients.
  • ZTlido® new prescriptions (NRxs) grew by 34% and total prescriptions (TRxs) grew by 27% in YTD Q2-2023, compared to Q2-2022.
  • NRxs grew by 38% and TRxs grew by 31% in YTD Q2-2023, compared to YTD 2022.

OKX Publishes Eighth Monthly Proof of Reserves with USD$11.3 billion in BTC, ETH and USDT Reserves

Retrieved on: 
Wednesday, June 28, 2023

HONG KONG, June 27, 2023 /PRNewswire/ -- OKX , the second-largest crypto exchange by trading volume and a leading Web3 technology company, has published its industry leading eighth consecutive monthly Proof of Reserves (PoR) , showing balances of USD$11.3 billion in BTC, ETH and USDT.

Key Points: 
  • HONG KONG, June 27, 2023 /PRNewswire/ -- OKX , the second-largest crypto exchange by trading volume and a leading Web3 technology company, has published its industry leading eighth consecutive monthly Proof of Reserves (PoR) , showing balances of USD$11.3 billion in BTC, ETH and USDT.
  • OKX's latest PoR, which covers 22 widely used digital assets, shows that OKX has consistently maintained a reserve ratio exceeding 100% for eight consecutive months.
  • OKX stores the majority of its reserves in off-chain cold storage, which provides the highest level of security for users' digital assets.
  • Since releasing its first Proof of Reserves, OKX has seen hundreds of thousands of users engage with its PoR, visit its PoR page and view their self-audits.

OKX Publishes Eighth Monthly Proof of Reserves with USD$11.3 billion in BTC, ETH and USDT Reserves

Retrieved on: 
Wednesday, June 28, 2023

HONG KONG, June 28, 2023 /PRNewswire/ -- OKX , the second-largest crypto exchange by trading volume and a leading Web3 technology company, has published its industry leading eighth consecutive monthly Proof of Reserves (PoR) , showing balances of USD$11.3 billion in BTC, ETH and USDT.

Key Points: 
  • HONG KONG, June 28, 2023 /PRNewswire/ -- OKX , the second-largest crypto exchange by trading volume and a leading Web3 technology company, has published its industry leading eighth consecutive monthly Proof of Reserves (PoR) , showing balances of USD$11.3 billion in BTC, ETH and USDT.
  • OKX's latest PoR, which covers 22 widely used digital assets, shows that OKX has consistently maintained a reserve ratio exceeding 100% for eight consecutive months.
  • OKX stores the majority of its reserves in off-chain cold storage, which provides the highest level of security for users' digital assets.
  • Since releasing its first Proof of Reserves, OKX has seen hundreds of thousands of users engage with its PoR, visit its PoR page and view their self-audits.

Bitget Becomes the First Major Exchange to Support USDT on Kava Blockchain

Retrieved on: 
Friday, June 23, 2023

Tether, the company operating the blockchain-enabled platform tether.to, has chosen Kava, a layer-1 blockchain renowned for its scalability and speed, as the latest platform to launch USDT.

Key Points: 
  • Tether, the company operating the blockchain-enabled platform tether.to, has chosen Kava, a layer-1 blockchain renowned for its scalability and speed, as the latest platform to launch USDT.
  • "We are thrilled to support the integration of USDT on the Kava blockchain, granting our users access to the world's most trusted stablecoin," stated Gracy Chen, Managing Director of Bitget.
  • The support for USDT Tether on Kava adds another layer of stability and accessibility to Bitget's trading ecosystem, enhancing the overall trading experience for its users.
  • For further information and updates on Bitget's support for USDT Tether on Kava and related developments, please visit the official announcement .

Bitget Becomes the First Major Exchange to Support USDT on Kava Blockchain

Retrieved on: 
Friday, June 23, 2023

Tether, the company operating the blockchain-enabled platform tether.to, has chosen Kava, a layer-1 blockchain renowned for its scalability and speed, as the latest platform to launch USDT.

Key Points: 
  • Tether, the company operating the blockchain-enabled platform tether.to, has chosen Kava, a layer-1 blockchain renowned for its scalability and speed, as the latest platform to launch USDT.
  • "We are thrilled to support the integration of USDT on the Kava blockchain, granting our users access to the world's most trusted stablecoin," stated Gracy Chen, Managing Director of Bitget.
  • The support for USDT Tether on Kava adds another layer of stability and accessibility to Bitget's trading ecosystem, enhancing the overall trading experience for its users.
  • For further information and updates on Bitget's support for USDT Tether on Kava and related developments, please visit the official announcement .

Mill Creek Announces Start of Preleasing at Modera Morrison

Retrieved on: 
Wednesday, June 21, 2023

PORTLAND, Ore., June 21, 2023 /PRNewswire/ -- Mill Creek Residential, a leading developer, owner-operator and investment manager specializing in premier rental housing across the U.S., today announced the start of preleasing at Modera Morrison, a luxury mixed-use community situated in Portland's emerging Central Eastside. 

Key Points: 
  • PORTLAND, Ore., June 21, 2023 /PRNewswire/ -- Mill Creek Residential , a leading developer, owner-operator and investment manager specializing in premier rental housing across the U.S., today announced the start of preleasing at Modera Morrison , a luxury mixed-use community situated in Portland's emerging Central Eastside.
  • "We look forward to welcoming our first residents to Modera Morrison and are eager to offer a genuinely unique living experience in one of the hippest subdistricts in the country."
  • Situated at 1120 SE Morrison Street, Modera Morrison is a seven-story podium structure that has been built to and is pursuing LEED Silver certification standards.
  • Modera Morrison offers studio, one-, two- and three- bedroom apartment homes with private balconies and den layouts available.

BetFury Launches Crypto Rush Event, New Era of BFG Starting

Retrieved on: 
Wednesday, June 21, 2023

NEW YORK, NY, June 21, 2023 (GLOBE NEWSWIRE) -- BetFury is proud to announce the launch of its Crypto Rush event which will start a new era of BFG.

Key Points: 
  • NEW YORK, NY, June 21, 2023 (GLOBE NEWSWIRE) -- BetFury is proud to announce the launch of its Crypto Rush event which will start a new era of BFG.
  • Hence, in honor of the end of BFG Mining, BetFury is holding a grand Crypto Rush event with the $800,000 prize pool.
  • Therefore, along with thematic entertainment, Crypto Rush allows users to get a lot of BFG tokens.
  • Thus, investing in BFG and participating in Crypto Rush is a great way to make money from tokens in the future.

TRX® ANNOUNCES HIRING OF MATT BROWNE AS SENIOR VICE PRESIDENT OF ENGINEERING

Retrieved on: 
Tuesday, June 20, 2023

DELRAY BEACH, Fla., June 20, 2023 /PRNewswire/ -- TRX®, the global leader in functional training products and world-class training content, has added former Nike innovator, Matt Browne, to its executive team as Senior Vice President of Engineering. Reporting directly to TRX CEO, Jack Daly, Browne joins an esteemed group of experienced and savvy business-minded executives to continue the brand's dramatic revitalization and ongoing evolution toward a digital ecosystem where innovative technology meets world-class products. 

Key Points: 
  • In his role as SVP of Engineering, Browne will be responsible for leading the ongoing development of TRX's connected ecosystem for all of its functional fitness products.
  • TRX is currently engaged in the integration of digital and data-driven technology within its flagship product, the TRX Suspension Trainer.
  • Prior to joining TRX, Browne spent more than a decade with Nike working in product development, manufacturing, operations, supply chain, and sustainable engineering.
  • Browne joins a TRX Senior Leadership Team that has been significantly revamped since Daly and Founder, Randy Hetrick reacquired the brand in 2022.