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Visa Partners With Aquanow to Expand Stablecoin Settlements Across CEMEA Region
Yahoo Finance· 2025-11-27 17:27
Visa Inc. announced a partnership with crypto fintech company Aquanow on November 27 to extend stablecoin settlement options across Central and Eastern Europe, the Middle East, and Africa (CEMA). According to the announcement, the deal links Visa’s payment network to Aquanow’s digital asset infrastructure, enabling issuers and acquirers to use stablecoins such as USDC for transactions. This setup will cut costs and speed up processes for financial institutions handling cross-border flows. What Does Visa’s ...
Tether Rejected Twice To Get on Juventus’ Board — Will It Succeed This Time
Yahoo Finance· 2025-10-07 10:02
Core Insights - Tether aims to enhance its influence in Juventus FC by proposing candidates for the board, suggesting governance changes, and participating in a capital raise of up to $129 million [1][2][4] Group 1: Tether's Position and Plans - Tether has increased its stake in Juventus FC to 10.7%, making it the second-largest shareholder after Exor, which holds approximately 65% [3] - The company plans to propose its own candidates for the Juventus FC board during the annual shareholder meeting on November 7 [6] - Tether has been excluded from board decisions and additional funding rounds despite its significant shareholding [4][6] Group 2: Juventus FC's Financial Situation - Juventus FC reported a loss of $58 million for the fiscal year ending June 2025, highlighting its dire financial condition [4][6] - The club is considering a capital increase to address ongoing financial challenges, which Tether aims to be part of [2][4] Group 3: Potential for Change - Under Italian law, shareholders with at least 10% can propose alternative board lists, which could challenge Exor's dominance [5] - Discontent among minority shareholders due to the club's financial struggles may provide Tether with the necessary support for its proposals [5] - Tether's CEO, Paolo Ardoino, is a lifelong Juventus fan and is interested in integrating blockchain technologies to improve fan engagement and financial resilience [7]
X @CFTC
CFTC· 2025-09-06 00:29
.@CFTCpham to Address the All-Party Parliamentary Group on Blockchain Technologies at the UK Parliament: https://t.co/H3kBiC4fcb ...
X @Polkadot
Polkadot· 2025-07-24 17:30
Developer Engagement - Over 200 developers attended the keynote, workshop, and visited the Polkadot booth during Code Europe [1] - The event introduced blockchain technologies to Web2 developers [1] - Educational and funding opportunities were presented to developers [1] Technology and Ecosystem - Polkadot tech stack was introduced [1] - Benefits of building on a resilient platform were highlighted [1]
Prenetics Announces First Quarter 2025 Financial Results, Raises FY2025 Outlook, & Crypto Strategy Announcement Soon
Globenewswire· 2025-06-12 12:30
Core Insights - Prenetics Global Limited reported a strong financial performance for Q1 2025, with revenue increasing by 336.5% year-over-year to $14.4 million, excluding ACT Genomics [3][7] - The company raised its full-year revenue outlook from $73 - $85 million to $80 - $100 million, reflecting accelerating momentum across its business units [4][13] - Prenetics has a robust cash position of $78 million, allowing for continued innovation and strategic initiatives, including a focus on cryptocurrency and Bitcoin adoption [6][12] Financial Highlights - Revenue from continuing operations was $17.3 million in Q1 2025, a 169.9% increase compared to Q1 2024 [7] - Gross profit from continuing operations reached $7.3 million, up 94.1% year-over-year [7] - Adjusted EBITDA loss from continuing operations was $(6.5) million, an increase of 59.4% compared to the previous year [7] Business Updates - The IM8 brand contributed $5.7 million in revenue for Q1 2025, with expectations of approximately $8.5 million in Q2, representing a 50% quarter-over-quarter increase [4][13] - IM8 has over 55,000 customers and has delivered more than 4.9 million servings of its flagship product [11] - The strategic review of ACT Genomics is nearing conclusion, with an announcement regarding ownership stake expected soon [5] Strategic Initiatives - The company is actively pursuing innovative treasury management approaches, including discussions on digital asset opportunities and Bitcoin adoption [6][12] - Prenetics aims to leverage its strong cash position to enhance its competitive positioning in the health tech sector through strategic crypto initiatives [6][12]
X @UK CBT
UK CBT· 2025-06-05 12:24
Event Overview - APPG (All-Party Parliamentary Group) hosted an Industry Roundtable in the Houses of Parliament on June 3rd, focusing on the future of the UK's digital economy [1] - The roundtable was chaired by @Matt_VickersMP and facilitated by @Brit_blockchain [1] Discussion Topics - Discussions covered a range of topics including Crypto policies, Blockchain for AI and Telecomms, Web3 skills, banking access for Crypto firms, and workforce planning [2] - Key areas of focus included Crypto, Blockchain, Tokenisation, and the UK's digital economy [2] Key Participants - The event involved parliamentarians, industry speakers, and evidence-givers [2][3] - Notable speakers included Prof Nikhil Vadgama, Emmanuel Young, Racheal Muldoon and Prof Dr Naseem Naqvi MBE FBBA [2] Next Steps - A summary of key takeaways from the Roundtable will be shared shortly [4] Sponsors - The Roundtable was sponsored by @WorldMobileTeam Group and @UKCBT_org [2]
X @UK CBT
UK CBT· 2025-06-02 14:06
Event Information - UK CBT (英国区块链技术中心) 将参加 APEX 2025 全球 XRPL 峰会 [1] - APEX 2025 峰会将于 2025 年 6 月 10 日至 12 日在新加坡举行 [1] Speakers and Representation - UCL Centre for Blockchain Technologies (伦敦大学学院区块链技术中心) 的研究人员将代表 UK CBT 参会 [1] - 演讲者包括 JiahuaJavaXu, WalterHernandez, Yimika Erinle, Yichen Luo [1] Focus - 会议将探索数字资产和区块链创新的未来 [1]