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Virtu Financial Congratulates Women in Finance Award Recipient Pegah Esmaeili
Globenewswire· 2025-10-07 17:15
NEW YORK, Oct. 07, 2025 (GLOBE NEWSWIRE) -- Virtu Financial, Inc. (NYSE:VIRT), a leading provider of global, multi-asset financial services that delivers liquidity and innovative, transparent products across the complete investment cycle to the global markets, is proud to announce that Pegah Esmaeili, Head of the Nordic Region, has been recognized at Markets Media’s European Women in Finance Awards. Pegah received the Excellence in Sales & Trading (Equities) award for her leadership in driving Virtu’s busin ...
Bitcoin’s Record High: What Will Happen Next, and Is It Unwise to Invest Now?
Yahoo Finance· 2025-10-06 20:10
Bitcoin is back in all-time high territory. The US government shutdown’s helped propel the world’s biggest cryptocurrency beyond $125,000 as investors dump dollars and seek harder assets instead. We’re also now into the fourth and final quarter of the year, which is when BTC tends to perform strongest. It’s surged by an average of 79.6% in past Q4s. Total returns stood at 47.7% in 2024, and 56.9% in 2023. So… what are going to be the dominant themes for Bitcoin as 2025 draws to a close? Cryptonews has ass ...
Thumzup® Extends Window for Share Repurchases Under $10 Million Buyback Authorization Until October 31, 2025
Prnewswire· 2025-10-01 12:15
Accessibility StatementSkip Navigation Board of Directors has extended the current window for share repurchases from September 30, 2025 to October 31, 2025 LOS ANGELES, Oct. 1, 2025 /PRNewswire/ -- Thumzup Media Corporation ("Thumzup" or the "Company") (Nasdaq: TZUP), a digital asset accumulator and advertising industry disruptor, today announced that its Board of Directors has extended the window under which the broker-dealer executing the stock buyback may repurchase shares under the Company's newly aut ...
Thumzup® Announces $10 Million Share Repurchase Program
Prnewswire· 2025-09-24 14:01
Accessibility StatementSkip Navigation Board of directors approves $10 million share buyback program through December 31, 2026 Recently completed its initial $1 million share repurchase of its common stock Strengthens Digital Asset Treasury with 19.106 Bitcoins and approximately 7.5 million Dogecoins LOS ANGELES, Sept. 24, 2025 /PRNewswire/ -- Thumzup Media Corporation ("Thumzup" or the "Company") (Nasdaq: TZUP), a digital asset accumulator and advertising industry disruptor, today announced that its boa ...
Giant Golden Trump Statue Appears Outside US Capitol In Solana Memecoin Stunt
Yahoo Finance· 2025-09-23 16:31
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. A statue of President Donald Trump was placed outside the U.S. Capitol by memecoiners last week as a tribute to his support of the cryptocurrency industry and to draw attention to their memecoin. The golden 12-foot statue of Trump holding a Bitcoin was displayed outside the Capitol during the day on Sept. 17. "This is to show to everybody that without the president, we could never have had this mass a ...
UK’s Capped Stablecoins Could Lead to Caged Innovation
Yahoo Finance· 2025-09-15 10:49
Group 1 - The Bank of England proposes to limit the amount of stablecoin tokens individuals can hold to between £10,000 and £20,000, and businesses to £10 million [1] - The main concern driving this proposal is the potential for stablecoins to cause bank deposit outflows, which could negatively impact banks' lending capabilities [1][2] - If approved, the regulation may hinder innovation and block mainstream crypto adoption, significantly impacting the industry in the UK, which ranks 11th in the 2025 Global Crypto Adoption Index [2] Group 2 - Critics argue that imposing caps on stablecoins could be detrimental to UK savers and the financial sector, with no other major jurisdiction having implemented similar restrictions [3] - The enforcement of caps may lead to reduced privacy and require a complex system for monitoring, such as digital IDs [3] - The global stablecoin market is substantial, with a total market cap of $302 billion, indicating that limitations in the UK could affect a wide range of users and financial innovations [4]
Jack Henry Announces 2025 Cobalt Award Winners
Prnewswire· 2025-09-10 13:00
Core Insights - Jack Henry announced the winners of the 2025 Cobalt Awards, recognizing six financial institutions and fintechs for their innovative contributions to financial services [1][2] - The awards highlight organizations that empower communities through technology, integration, and education [2][3] Group 1: Award Winners - Bangor Savings Bank: Streamlined back-office efficiencies, delivering over 1,500 Maine ABLE disability expense accounts with nearly $10 million in deposits [6] - Delta Community Credit Union: Developed a credit and borrowing education series that increased financial confidence for 98% of participants [6] - Simmons Bank: Achieved a 96% reduction in fraud losses, saving hundreds of thousands of dollars annually [6] - Y-12 Federal Credit Union: Reduced fraud losses by 93% and manual interventions by about 80% through automation [6] - Bits of Stock: Integrated its platform into the Banno Digital Platform™, allowing users access to thousands of fractional stocks and ETFs [6] - equipifi: Integrated its buy now, pay later solution with Symitar® and Banno™, resulting in an 18% increase in digital banking logins and a 14% rise in debit card usage [6] Group 2: Company Overview - Jack Henry is a financial technology company that connects financial institutions with their clients, focusing on innovation and user-centric solutions [5] - The company has been providing technology solutions for nearly 50 years, empowering approximately 7,400 clients [5]
X @Avalanche🔺
Avalanche🔺· 2025-08-12 18:08
Economic Challenges in Argentina - 阿根廷面临严格的美元管制和高达每月 25% 的恶性通货膨胀 [1] - 这迫使人们转向 cuevas,即非法且危险的现金美元商店 [1] Avalanche Stablecoins as a Solution - Buenbit 分享了其 Avalanche 驱动的稳定币,为保护财富提供了一种更安全的方式 [1] - Avalanche 上的稳定币旨在为阿根廷人提供一种替代方案,以应对当地货币贬值和美元获取限制 [1]
High-Trend International Group's Revenues Surge 185%: New Leadership Navigates Dual Tracks of Green Shipping and Financial Innovation
Prnewswire· 2025-08-08 13:10
Core Insights - High-Trend International Group reported significant revenue growth, with total revenue reaching $99.4 million for the first half of 2025, a 185.2% increase from $34.9 million in the same period of 2024 [2][4] - The ocean freight segment was a major contributor, with revenue soaring to $99.0 million, up 198.1% from $33.2 million year-on-year [2][4] - The company has also initiated a green shipping business, generating $0.4 million in revenue from consulting services related to ship exhaust gas capture technology [6] Financial Performance - Total revenue for the reporting period was $99.4 million, a substantial increase from $34.9 million in the same period of the previous year, marking a year-on-year growth of 185.2% [2][4] - Ocean freight revenue specifically increased to $99.0 million, reflecting a 198.1% rise from $33.2 million in the same period of 2024 [2][4] - Gross profit for the first half of 2025 was $4.0 million, up 63.1% year-on-year, despite revenue costs rising by 194.4% to $95.5 million [3][5] Cash Flow and Liquidity - Cash and cash equivalents as of April 30, 2025, reached $13.2 million, a 93.0% increase from the year ended October 31, 2024 [2][5] - Net cash flow from operating activities was $6.5 million, providing a solid foundation for further business expansion [3][5] Business Expansion and Strategy - The company expanded its ocean freight services by adding coal ocean freight, significantly increasing its operational capacity with voyage days rising from 953 to 3,420, a 258.9% increase [4] - The appointment of Christopher Nixon Cox as Chairman is expected to enhance the company's strategic direction, particularly in green low-carbon initiatives and financial innovation [8] Equity Incentives - The company issued 10,754,224 Class A ordinary shares to directors and consultants as part of an equity incentive program, valued at $24.3 million, to align interests and drive future business development [7]
ProPhase Labs Board of Directors Authorizes Management to Explore Strategic Reverse Merger and Approves Crypto Treasury Initiative
GlobeNewswire News Room· 2025-07-21 12:00
Core Insights - ProPhase Labs, Inc. is exploring a potential reverse merger with a digital asset-focused operating company to enhance its business operations and market positioning [1][3] - The Board has approved a strategic treasury initiative to acquire and hold select digital assets, including Bitcoin, aiming to diversify the company's treasury strategy and enhance long-term shareholder value [2][3] - CEO Ted Karkus emphasized the importance of assessing opportunities at the intersection of life sciences and financial innovation, indicating that the merger could create scalable value while preserving existing shareholder value [4] Company Overview - ProPhase Labs is a next-generation biotech, genomics, and consumer products company focused on revolutionizing healthcare through innovative solutions, including Whole Genome Sequencing and diagnostic development [5] - The company is committed to executional excellence, smart diversification, and a synergistic approach to maximize long-term value [5]