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Tether Pushes Tokenized Gold Toward Payments With Scudo Rollout
Yahoo Finance· 2026-01-06 17:19
Core Insights - Tether has launched Scudo, a new unit of account for Tether Gold (XAUT), aimed at enhancing the pricing, transfer, and usability of gold in everyday transactions as global gold prices and demand reach record highs due to inflation concerns and central bank buying [1][2] Group 1: Scudo's Functionality - Scudo represents one-thousandth of a troy ounce of gold, creating a smaller and more intuitive denomination for XAUT, similar to how Bitcoin uses satoshis [4] - By using Scudo for transactions instead of fractional ounces, users can price goods and services more naturally, improving gold's viability as both a store of value and a medium of exchange [5] - Scudo does not change the backing or structure of XAUT, which remains fully collateralized by physical gold, but provides a more accessible measurement layer as adoption increases [8] Group 2: Market Context and Infrastructure - Gold has seen a resurgence as a protective asset against inflation and macroeconomic volatility, with its usability as a medium of exchange declining since the shift to fiat currencies [2] - Tether's introduction of Scudo is part of a broader infrastructure initiative, including a technology layer for developers to create self-custodial wallets supporting XAU₮, other stablecoins, and Bitcoin [6] - Tether's CEO, Paolo Ardoino, emphasized that Scudo lowers barriers to entry for gold ownership and transactions, addressing user experience challenges in the digital asset industry [7]
The Sustainable Green Team, Ltd. (SGTM) Introduces Tele-Arborist™: A Blockchain-Powered Innovation in Tree Care and Global Restoration
Globenewswire· 2026-01-06 13:30
Core Insights - Sustainable Green Team, Ltd. (SGTM) has launched Tele-Arborist™, a mobile app for certified remote tree assessments, integrating advanced technologies to enhance environmental decision-making [2][3] - The app aims to reduce assessment costs by up to 50%, democratizing access to expert arboriculture services globally [4] - SGTM targets a total addressable market of $3.5 trillion across waste management, carbon removal, soil health, energy, and agriculture, addressing significant global challenges [5][6] Technology and Innovation - Tele-Arborist™ utilizes LiDAR scans, 360° photos, and blockchain affidavits to create fraud-proof reports, potentially eliminating the need for on-site visits [2][3] - The app is part of SGTM's broader strategy to convert waste into value, integrating with a closed-loop system for soil regeneration and clean energy [3] Market Opportunity - SGTM is addressing a multi-trillion dollar market, with annual municipal solid waste estimated at ~2.1 billion tons and CO₂ emissions at ~38 billion tons [5] - The company anticipates up to $800 billion in forest-related carbon removal revenues by 2050, highlighting the growth potential in this sector [6] Operational Strategy - SGTM plans to launch its first gasifier this quarter, with additional scaling efforts to follow, identifying revenue streams such as tipping fees, product sales, carbon credits, and technology licensing [7] - The company aims to build a system where technology accelerates nature's recovery, enhancing decision-making for homeowners and insurers [8] Market Projections - The arboriculture market is projected to grow from $380 million to $655 million by 2033 at a CAGR of 5.6% [9] - The tree services market is expected to increase from ~$20.1 billion to $37.5 billion by 2033 at a CAGR of 7.5% [9] - The ecological restoration market is projected to grow at ~6.7% CAGR, indicating robust growth potential in these sectors [9]
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]