Reward

Bitcoin is halving again – what does that mean for the cryptocurrency and the market?

Retrieved on: 
Friday, April 19, 2024

Now a hotly anticipated recurring event that happens roughly every four years is taking place: the bitcoin halving.

Key Points: 
  • Now a hotly anticipated recurring event that happens roughly every four years is taking place: the bitcoin halving.
  • This could have further significant impact on the value of the cryptocurrency.
  • To understand what the halving is and what it could mean, we have to understand how bitcoin works.
  • Bitcoin is a digital currency that makes use of what’s called blockchain technology to securely store, record and publicly publish all transactions.
  • The latest halving means the reward will be just 3.125 bitcoins.

Why does bitcoin halve?

  • But this may lead to users holding bitcoin as a speculative asset rather than using it as a medium of exchange.
  • So what impact does the halving have on the price?
  • After the halving, the number of new bitcoin entering circulation shrinks.
  • While the first halving happened in 2012, when bitcoin was less well known and quite hard to buy and sell, we can learn from the subsequent two halvings.
  • Beginning the year around US$900, by the end of 2017 bitcoin was trading above US$19,000.

Making an asset of scarcity

  • But we do know that instantly miners’ rewards are halved, meaning their revenue immediately halves and their profit margins are severely affected.
  • Bitcoin’s scarcity is arguably one of its most significant characteristics, especially in a time of high inflation, quantitative easing and high interest rates.


Andrew Urquhart owns some cryptocurrencies.

No, taking drugs like Ozempic isn’t ‘cheating’ at weight loss or the ‘easy way out’

Retrieved on: 
Wednesday, April 10, 2024

Hundreds of thousands of people worldwide are taking drugs like Ozempic to lose weight.

Key Points: 
  • Hundreds of thousands of people worldwide are taking drugs like Ozempic to lose weight.
  • As demand for semaglutide increases, so are claims that taking it is “cheating” at weight loss or the “easy way out”.
  • We don’t tell people who need statin medication to treat high cholesterol or drugs to manage high blood pressure they’re cheating or taking the easy way out.

How does it work?

  • GLP-1 gets secreted by cells in your gut when it detects increased nutrient levels after eating.
  • GLP-1 receptor agonist (GLP-1RA) medications like Ozempic help the body’s own GLP-1 work better by mimicking and extending its action.
  • Read more:
    The rise of Ozempic: how surprise discoveries and lizard venom led to a new class of weight-loss drugs

What can users expect? What does the research say?

  • Higher doses of semaglutide are prescribed to treat obesity compared to type 2 diabetes management (up to 2.4mg versus 2.0mg weekly).
  • A large group of randomised controlled trials, called STEP trials, all tested weekly 2.4mg semaglutide injections versus different interventions or placebo drugs.
  • Trials lasting 1.3–2 years consistently found weekly 2.4 mg semaglutide injections led to 6–12% greater weight loss compared to placebo or alternative interventions.
  • Weight reduction due to semaglutide also leads to a reduction in systolic and diastolic blood pressure of about 4.8 mmHg and 2.5 mmHg respectively, a reduction in triglyceride levels (a type of blood fat) and improved physical function.
  • Another recent trial in adults with pre-existing heart disease and obesity, but without type 2 diabetes, found adults receiving weekly 2.4mg semaglutide injections had a 20% lower risk of specific cardiovascular events, including having a non-fatal heart attack, a stroke or dying from cardiovascular disease, after three years follow-up.

Who is eligible for semaglutide?

  • Australia’s regulator, the Therapeutic Goods Administration (TGA), has approved semaglutide, sold as Ozempic, for treating type 2 diabetes.
  • The TGA has approved Wegovy to treat obesity but it’s not currently available in Australia.

What else do you need to do during Ozempic treatment?

  • In addition to taking medication, people had brief lifestyle counselling sessions with dietitians or other health professionals every four weeks as a minimum in most trials.
  • The aim of these trials was to show the effect of adding the medication on top of other lifestyle counselling.


A review of obesity medication trials found people reported they needed less cognitive behaviour training to help them stick with the reduced energy intake. This is one aspect where drug treatment may make adherence a little easier. Not feeling as hungry and having environmental food cues “switched off” may mean less support is required for goal-setting, self-monitoring food intake and avoiding things that trigger eating.

But what are the side effects?

  • In on study these led to discontinuation of medication in 6% of people, but interestingly also in 3% of people taking placebos.
  • More severe side-effects included gallbladder disease, acute pancreatitis, hypoglycaemia, acute kidney disease and injection site reactions.
  • Here are some potential risks and benefits

    To reduce risk or severity of side-effects, medication doses are increased very slowly over months.

  • Health, Meat and Livestock Australia, and Greater Charitable Foundation.
  • She has consulted to SHINE Australia, Novo Nordisk, Quality Bakers, the Sax Institute, Dietitians Australia and the ABC.

The National Anti-Corruption Commission Thailand seeks suitable measures to prevent corruption risks regarding rewards for officials to ensure transparency for all.

Retrieved on: 
Wednesday, April 10, 2024

BANGKOK, THAILAND - Media OutReach Newswire - 18 March 2024 - The Office of the National Anti-Corruption Commission (NACC), Thailand has brainstormed concerns from all related agencies to prevent corruption risk regarding bribery to officials and reward for officials to ensure transparency work of its officials and confidence for both local and international investors. In efforts to uphold ethical conduct among officials who are directly involved with tacking corruption, the NCC recently held a meeting to brainstorm ideas on "Guidelines for Preventing Corruption Risk Regarding Bribe Payment and Rewards from the Performance of Officials". This is aimed at voicing opinions for the revision of the guidelines for rewarding officers with appropriateness, fairness, and consistency with the performance of duties, and remuneration based on performance for officials who work in tackling corruption in the country. According to the NACC, it has provided recommendations for the revision of the reward payment for the Customs Department, the Ministry of Finance is afraid that the rewards caused 'moral hazards' among officials who are involved in the process of tackling corruption. Following the reward, it encouraged the officials to focus only on tasks with high rewards or having rewards, while neglecting to perform tasks with low rewards or no remuneration, which may cause corruption inequality, and unfairness among civil servants. The reward could also be considered as the risk of conflict of interest of the authority in determining the eligibility for the award and determining the proportion of the reward. The officials could risk rewarding themselves which was not inconsistent with the purpose of the guideline that wants to promote effective law enforcement, or may lead to the creation of false evidence in the disbursement of bribes. The meeting was attended by representatives of relevant agencies including the Ministry of Finance, the Customs Department, the Comptroller General's Department Excise Department, the Office of the Narcotics Control Commission Anti-Money Laundering Office, the Royal Thai Police, the Office of the Auditor General, experts, executives and officers. The meeting focused on various issues covering: who is entitled to receive the reward, the proportion and rate of payment of the reward, the appropriateness and fairness of the reward, the prevention of risks of discretion and conflict of interest, and the changing trend in the process of giving bribery and reward, explained Mrs. Suwana Suwanjuta, NACC Commissioner, who chaired the meeting. However, with the modernization and connectivity of information technology today, this enables agility and efficient linkage of various data, as well as the NACC's credibility among international, the reward for officers could be revised to ensure the appropriateness of providing rewards for the authorities and to encourage government officials to enforce the law more efficiently and equitably in the bureaucracy. In this regard, the NACC hopes that the meeting will voice concern from all involved so that the revision of the guidelines to provide rewards to officials will be more efficient and ensure transparency for all involved, helping improve standards in tackling corruption with more advancing and modernizing measures, the NACC concluded. ---------------------------------------------------- Reference: https://www.nacc.go.th/categorydetail/20180831184638361/20240312183512? *This press release translation is funded by the National Anti-Corruption Fund (NACF). Hashtag: #IntegrityWay #AntiCorruption #ZeroCorruption #NACC #NACF

Key Points: 
  • BANGKOK, THAILAND - Media OutReach Newswire - 18 March 2024 - The Office of the National Anti-Corruption Commission (NACC), Thailand has brainstormed concerns from all related agencies to prevent corruption risk regarding bribery to officials and reward for officials to ensure transparency work of its officials and confidence for both local and international investors.
  • In efforts to uphold ethical conduct among officials who are directly involved with tacking corruption, the NCC recently held a meeting to brainstorm ideas on "Guidelines for Preventing Corruption Risk Regarding Bribe Payment and Rewards from the Performance of Officials".
  • The National Anti-Corruption Commission (NACC) is a constitutional independent organization and supervised by nine commissioners selected from various professions.
  • It has the authority to file charges in court as well as support and build up awareness of the penalties for committing corruption.

Allstate, Sompo & Lloyd's Answer Your GenAI Questions to Build Your AI Foundation in Claims

Retrieved on: 
Thursday, April 4, 2024

Chicago, Illinois--(Newsfile Corp. - April 4, 2024) - AI was recently the latest 'shiny new toy' that enabled claims departments to delve into automation.

Key Points: 
  • Chicago, Illinois--(Newsfile Corp. - April 4, 2024) - AI was recently the latest 'shiny new toy' that enabled claims departments to delve into automation.
  • Then, before we have even got up to speed, GenAI came on the scene to revolutionize claims from streamlining claims processing, to data insight, to fraud detection.
  • However, we have a lot of questions to answer before we can build a foundation for AI usage and really see these benefits.
  • Tune into our next webinar to get your answers - From AI to GenAI: Unlock the Potential for Claims (April 16th, 11am EST or On Demand)
    Discover where AI and GenAI can most benefit you, and start seeing the impact now:
    Develop your AI roadmap and decide on your comfort zone: Have impact with AI now, keeping human in the loop, and be ready to hit the ground running when AI matures enough to be scalable and really change the claims game
    Prepare with your data experts: It's not just about strategizing and deciding where to deploy AI, work with your data team to create an accessible data warehouse full of rich data that will train and fuel your AI algorithms
    Let's get started: Implement GenAI where these is low risk but high reward - free up adjusters with document summaries, automate claims allocation, identify risk trends and make huge efficiency gains
    Our panellists have real life experience and learnings from pushing forward with AI innovations:
    Don Jones, SVP Claims Design & Delivery, Allstate
    Understand AI, decide where you need it, and get started now so you're not behind by the next innovation.

Decubate Token (DCB) Is Now Available for Trading on LBank Exchange

Retrieved on: 
Thursday, March 21, 2024

Users of LBank Exchange can brace themselves for the DCB/USDT trading pair, which will go live at 12:00 UTC on the slated date.

Key Points: 
  • Users of LBank Exchange can brace themselves for the DCB/USDT trading pair, which will go live at 12:00 UTC on the slated date.
  • As the driving force behind more than 100 successful Web3 businesses, Decubate stands out as a top-tier launchpad and incubator in the world of Web3.
  • LBank Exchange is thrilled to announce the listing of Decubate Token (DCB), standing out as a leading Web3 platform designed to empower entrepreneurs and investors.
  • The DCB token is integral to the functionality of the Decubate platform, granting users access to staking and governance activities.

Toobit Leads the Way in Harnessing Bitcoin's Potential as the Ultimate Hedge Against Inflation

Retrieved on: 
Wednesday, April 3, 2024

Toobit has conducted extensive research and analysis on market trends on  Bitcoin's role within the investment landscape.

Key Points: 
  • Toobit has conducted extensive research and analysis on market trends on  Bitcoin's role within the investment landscape.
  • Key Benefits Outlined by Toobit for Bitcoin Investments:
    Decentralization: Bitcoin's decentralized nature provides it with greater protection from government policies and central bank interventions that typically cause inflation.
  • Toobit remains committed to being at the forefront of financial innovation, which means exploring additional cryptocurrencies and digital assets which could act as inflation hedges.
  • You can also buy Bitcoin on Toobit by following steps below:
    Deposit funds into your Toobit account.

Rapid7 Announces 2024 Partner Of The Year Award Winners

Retrieved on: 
Wednesday, April 3, 2024

MSSP Partner of the Year: Cythera Pty Ltd

Key Points: 
  • MSSP Partner of the Year: Cythera Pty Ltd
    North America Partner of the Year and North America Cloud Security Partner of the Year - Mark Thornberry, SVP vendor management, GuidePoint Security, said: "We are truly honored to be recognized as Rapid7's North America Partner of the Year and North America Cloud Security Partner of the Year for 2024.
  • These awards underscore our commitment to delivering exceptional cybersecurity solutions and further solidify our partnership with Rapid7 in safeguarding businesses against evolving threats."
  • EMEA Partner of the Year - Will Day, cybersecurity alliance manager at Softcat, said: “It’s an honor to be recognized by Rapid7 as their EMEA Partner of the Year.
  • North America Best Customer Retention Partner of the Year - Cameron Chavers, managing partner, Cyber Watch Systems, said: “Cyber Watch Systems is honored to receive Rapid7’s North America Best Customer Retention Partner of the Year award.

Bitcoin Halving and BlockDAG Network Mining Explained

Retrieved on: 
Tuesday, April 2, 2024

In the meantime BlockDAG Network reached a global audience and transformed the blockchain mining industry rendering it more inclusive and democratic.

Key Points: 
  • In the meantime BlockDAG Network reached a global audience and transformed the blockchain mining industry rendering it more inclusive and democratic.
  • Bitcoin Halving Set to Take Place on April 19, 2024
    A key factor influencing Bitcoin's recent surge and its overall value proposition is its upcoming "halving" event.
  • The Bitcoin halving refers to a reduction in the amount of new Bitcoin being produced, affecting the reward for miners who maintain the blockchain.
  • This shift eliminates the need for expensive, specialized mining hardware and with over 4100 home-rigs sold BlockDAG Network is making mining accessible to a broader and global audience.

WOO X Lists $DEGEN on its Spot Market

Retrieved on: 
Friday, March 29, 2024

VICTORIA, Seychelles, March 29, 2024 (GLOBE NEWSWIRE) -- WOO X , a global centralized crypto futures and spot trading platform offering the best-in-class liquidity and price execution, is pleased to announce that it has now listed $DEGEN on its spot market.

Key Points: 
  • VICTORIA, Seychelles, March 29, 2024 (GLOBE NEWSWIRE) -- WOO X , a global centralized crypto futures and spot trading platform offering the best-in-class liquidity and price execution, is pleased to announce that it has now listed $DEGEN on its spot market.
  • The DEGEN token is designed to incentivize and reward active participation within the Farcaster ecosystem, a social media protocol built on Optimism.
  • Users can earn DEGEN tokens through various venues, such as tipping other users or participating in a liquidity mining program.
  • To learn more about WOO X, download our app or visit WOO X

Pelago Announces Launch of Contingency Management Program

Retrieved on: 
Tuesday, April 9, 2024

Pelago , the leading digital clinic partner to U.S. businesses and health plans for substance use management, has introduced contingency management to reward behaviors most likely to improve member engagement, motivation and health outcomes.

Key Points: 
  • Pelago , the leading digital clinic partner to U.S. businesses and health plans for substance use management, has introduced contingency management to reward behaviors most likely to improve member engagement, motivation and health outcomes.
  • With the introduction of this evidence-based treatment program, Pelago becomes the first nationwide digital substance use management provider to offer contingency management (CM), which will be incorporated into its comprehensive substance use disorder (SUDs) treatment offerings.
  • An earlier meta-analysis found that contingency management resulted in successful treatment episodes 61% of the time compared to 39% for other modalities.
  • For more information on how our contingency management program could benefit your population, visit www.pelagohealth.com Or contact a member of our team .