Blockchain
Search documents
BLAQclouds, Inc. Provides Update on BLAQclouds Property Group Spinout and Shareholder Verification Procedures
Globenewswire· 2026-01-06 13:00
Core Viewpoint - BLAQclouds, Inc. is progressing with the spinout of BLAQclouds Property Group, providing key dates and procedures for shareholders to ensure participation in the spinout process [1][3][6]. Shareholder Procedures - The ex-date for shareholders of record is confirmed as January 5, 2026, at 4:00 PM Eastern Time, allowing eligible shareholders to participate in the spinout [3]. - A supplemental shareholder verification process has been implemented to assist shareholders who held BCDS shares through the ex-date, enabling them to continue trading without missing participation in the spinout [4][5]. Spinout Timing and Details - The estimated timing for the spinout is 1 to 4 weeks, subject to FINRA processing schedules [6]. - Shareholders will receive shares in the spinout based on the type of BCDS shares they hold: restricted shares will receive restricted spinout shares, while freely tradable shares will receive freely tradable spinout shares [6]. - A new CUSIP and ticker symbol for BLAQclouds Property Group will be applied for by the transfer agent, Dominion Stock Transfer [6]. Company Strategy - The CEO of BLAQclouds emphasized that the spinout reflects the company's strategy of divesting non-core assets while retaining proprietary technology and blockchain development capabilities, aiming for sustainable growth and long-term shareholder value [7]. Company Overview - BLAQclouds, Inc. focuses on bridging traditional finance with decentralized ecosystems, aiming to simplify commerce and payments through blockchain applications [8]. - The company offers various consumer applications, including ShopWithCrypto.io, BLAQpay.io, DEX.ZEUSx.io, ApolloWallet.io, ApolloCASH, and ApolloID [11].
Asia’s Crypto Acceleration: What Korea Blockchain Week 2025 Reveals
Yahoo Finance· 2026-01-06 11:07
Core Insights - Asia is now a major driver of global Bitcoin and Web3 activity, with APAC crypto transactions reaching approximately $2.36 trillion over the past year, marking the fastest growth of any region [1][3] - Japan leads the APAC region in crypto growth, with on-chain activity increasing by 120% year over year, influenced by regulatory reforms and tax changes [2] - South Korea exhibits a unique market dynamic, where Bitcoin often trades at a premium, indicating strong local demand even during global market downturns [4] APAC Market Dynamics - APAC processed about $2.36 trillion in crypto volume as of mid-2025, reflecting a 69% year-over-year increase, surpassing growth rates in the U.S. and Europe [3] - The rise of APAC improves overall liquidity in the crypto market, facilitating easier buying and selling without significant price impact [5] - Hedge fund exposure to Asian markets reached a five-year high in mid-2025, contributing to increased liquidity and volatility in the market [6] Regional Highlights - India ranks first globally for grassroots crypto adoption, with everyday users engaging in Bitcoin and stablecoins for various financial activities [5] - The APAC region, including countries like India, South Korea, and Hong Kong, is now recognized as the fastest-growing crypto market, processing trillions in value annually [2]
DMG Blockchain Solutions Announces December Preliminary Operational Results
Globenewswire· 2026-01-06 04:45
Core Operational Results - At the end of December 2025, DMG Blockchain Solutions Inc. held 403 bitcoin, an increase from 380 bitcoin in November 2025, as the company limited liquidations to rebuild its bitcoin balance [1][7] - The company mined 23 bitcoin in December 2025, compared to 22 bitcoin in November 2025 [7] Strategic Initiatives - DMG is in discussions to convert its Christina Lake facility into a world-class AI data center, which is expected to be transformational for the company [2] - The company is cultivating relationships with the Canadian government, enterprises, and Indigenous communities to establish a significant AI colocation business [2] Financial Incentives - DMG granted a total of 186,680 stock options and 2,275,000 restricted stock units (RSUs) to employees and directors, with options exercisable over five years at a price of $0.28 per share [3] - The RSUs will vest in one year, aimed at aligning long-term performance with the company's growth [3] Company Overview - DMG is a sustainable, vertically integrated blockchain and data center technology company focused on monetizing the blockchain ecosystem through comprehensive platform solutions [4] - The company's operations are driven by two strategic pillars: Core and Core+, emphasizing vertical integration and environmentally responsible practices [4]
How JPMorganChase plans to jolt 'on-chain' finance
Yahoo Finance· 2026-01-05 19:25
Key insights: JPMorganChase's Kinexys blockchain unit is looking to scale digital assets, and is betting on growing demand. What's at stake: Banks and fintechs are selling services for stablecoins, cryptocurrency and tokenized deposits. Forward look: JPMorganChase is looking to attract banks as partners to scale on-chain finance. As rivals such as Citi stake a position in digital assets, JPMorganChase is preparing its blockchain unit for what it hopes is a much larger world. "Blockchain can touch al ...
Bed Bath & Beyond operating chief out as Marcus Lemonis takes on CEO role
Retail Dive· 2026-01-05 17:30
Core Insights - Bed Bath & Beyond is implementing a new business strategy alongside C-suite changes, with Marcus Lemonis expanding his role to include CEO [2][9] - The company's strategy focuses on moving beyond traditional retail, emphasizing home ownership and making related services more accessible [3][4] Strategy Overview - The strategy is built on three pillars: omnichannel retail and commerce; digital, financial, insurance, and blockchain services; and an AI-powered home operating system [4][5] - The first pillar involves an asset-light model and international licensing, utilizing AI for services like home warranties and insurance [5] - The second pillar focuses on financial tools and mortgage-related solutions, addressing key financial moments in the home lifecycle [6] Acquisition and Leadership Changes - The company is nearing the completion of its acquisition of The Brand House Collective, with its CEO set to lead a new division [7] - Lemonis indicated plans for further acquisitions and investments to fill category gaps and enhance business synergies [8] Company Philosophy - The company aims to rebuild rather than simply turn around, prioritizing trust, disciplined capital deployment, and affordability over short-term margins [8]
Japan’s finance minister says she supports crypto trading at stock exchanges
Yahoo Finance· 2026-01-05 15:53
Core Viewpoint - Japan's Finance Minister Satsuki Katayama supports the integration of crypto trading services by stock exchanges, designating 2026 as the "digital year" for the country [1][2] Group 1: Regulatory Changes - The Japanese regulatory framework for digital assets has historically separated them from traditional capital markets, governed under the Payment Services Act rather than securities law [3] - Regulators are considering shifting crypto into the securities framework to better align with how these assets are utilized and regulated [3] - The Financial Services Agency is advancing plans to overhaul crypto regulation and taxation by the 2026 fiscal year, including proposals for a flatter tax framework for crypto gains [4] Group 2: Market Integration and Adoption - Katayama emphasized the importance of regulated venues in expanding crypto adoption, stating that securities and commodity exchanges play a crucial role in allowing the public to benefit from digital assets [2] - The government is moving from cautious oversight to structured integration, supporting exchanges in developing advanced fintech and trading environments [5] - Katayama highlighted the success of crypto investment products in the U.S. through ETF structures, indicating a potential for similar developments in Japan [3]
Charlie's Holdings (OTCQB:CHUC) Signs Agreement with IKE Tech to Commercialize Transformational Age-Gated Vapes that Will Address FDA Concerns Related to Youth Access
Accessnewswire· 2026-01-05 14:30
Core Insights - The article discusses the introduction of an AI-powered blockchain-based age-gating system for vape products, developed by IKE, which will help prevent underage access to nicotine products [1] Group 1: Technology and Innovation - IKE's patented biometric BLE Bluetooth chip and blockchain-based app will ensure that underage individuals cannot activate or use the age-gated products from Charlie's [1] - The technology represents a significant advancement in youth access prevention, aligning with one of the FDA's top priorities [1] Group 2: Market Position and Strategy - The IKE Licensing Agreement grants CHUC a first mover advantage in the youth access prevention market [1] - CHUC will benefit from a three-year exclusivity period for age-gated nicotine analogue products, positioning the company favorably in the industry [1]
Moss Genomics Reports Bitcoin Cash (BCH) Mining Activity
TMX Newsfile· 2026-01-05 14:29
Core Insights - Moss Genomics Inc. has successfully mined its first block on the Bitcoin Cash blockchain, specifically block 931,986, using its proprietary mining infrastructure [1][2] - This milestone marks the company's entry into the Bitcoin ecosystem, with a focus on becoming a long-term builder in this space [2] - The CEO of Moss Genomics emphasized the alignment of the company's operating business and treasury strategy, viewing the BCH mining initiative as a significant first step in a broader strategy [3] Company Overview - Moss Genomics operates at the intersection of genomics and blockchain technology, aiming to advance decentralized and privacy-preserving genomics through real-world applications in health, identity, and research [3] - The company's digital asset treasury is utilized to fund development and future platform operations, indicating a strategic approach to resource allocation [3]
Ethereum Price Soars Above $3200 as Jeff Bezos Announces Space Travel Payment — Can It Rocket Higher?
Yahoo Finance· 2026-01-05 14:20
Core Insights - Ethereum's price surged above $3,200 as Blue Origin announced it will accept ETH for commercial spaceflight payments, indicating a potential mainstream adoption of Ethereum [1][2] - The acceptance of cryptocurrencies by Blue Origin, alongside Bitcoin and other digital assets, reflects a broader trend in high-value industries embracing crypto payments [4][5] Group 1: Blue Origin's Crypto Payment Initiative - Blue Origin, founded by Jeff Bezos, is now accepting Ethereum for seats on its rockets, expanding its payment options which previously included Bitcoin and stablecoins [2][3] - The partnership with payments processor Shift4 allows customers to pay directly from digital wallets like Coinbase and MetaMask for future commercial flights [3] Group 2: Implications for the Aerospace Industry - The move by Blue Origin is seen as a significant endorsement of cryptocurrency, suggesting a shift in how high-stakes industries may approach finance [4] - The acceptance of cryptocurrencies in space tourism highlights the potential for revolutionizing high-value transactions across various domains [5] Group 3: Market Dynamics and Future Outlook - Ethereum's recent price rally is attributed to optimism surrounding the Fusaka upgrade and renewed institutional demand through ETF inflows [6] - Blockchain technology's transparency and security features could address logistical and data-protection challenges in aerospace, enhancing the industry’s operational efficiency [7]
US Competitive Advantage At Stake If Congress Bans Stablecoin Rewards, Coinbase Policy Chief Says
Yahoo Finance· 2026-01-05 14:15
Core Viewpoint - The U.S. risks losing its competitive advantage in the stablecoin market if it mishandles the debate over allowing rewards on dollar-pegged stablecoins, as highlighted by Coinbase's policy chief Faryar Shirzad [1][2]. Group 1: Legislative Context - The U.S. enacted the GENIUS ACT in July, which provides guidelines for stablecoin issuance and prohibits issuers from sharing profits with holders through interest payments [4]. - Banking groups are urging lawmakers to close loopholes in the GENIUS Act, citing concerns over deposit flight risks to community banks that could impact their lending capabilities [5]. Group 2: Competitive Landscape - The People's Bank of China announced it would start paying interest on digital yuan holdings, effective January 1, as part of its strategy to promote the adoption of its Central Bank Digital Currency (CBDC) [3]. - There are concerns that if the U.S. does not adapt its regulations, non-U.S. stablecoins and CBDCs could gain a significant competitive edge, particularly in light of China's interest rate on demand deposits being at 0.05% [2][3]. Group 3: Industry Reactions - The Blockchain Association argues that claims regarding stablecoin rewards harming community banks lack evidence and warns that changes to the GENIUS Act could undermine the regulatory certainty typically associated with Congressional actions [6]. - As negotiations for the Senate's market structure legislation progress, there is optimism from White House officials that the legislation will advance, despite previous delays [7].