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SecureTech Further Reduces Outstanding Shares 11.3%
Globenewswire· 2025-11-11 13:30
Core Insights - SecureTech Innovations, Inc. has announced a significant reduction in its outstanding common shares as part of its 2025 Share Reduction Program [1][2] - The company has canceled an additional 4,000,000 shares, resulting in an 11.3% reduction in total shares, bringing the total to 31,370,414 shares [2] - SecureTech aims to reduce the total number of issued and outstanding shares to below 20 million by the end of 2025, with further reductions anticipated in the current fiscal quarter [3] Company Strategy - J. Scott Sitra, President and CEO, emphasized the success of the Share Reduction Program and the commitment to further reductions before the end of FY2025 [4] - The share reductions are part of a strategy to uplist to NASDAQ in early 2026, guided by Craft Capital Management [4] Company Overview - SecureTech Innovations is a leader in artificial intelligence, industrial 3D printing, cybersecurity, and digital infrastructure solutions [1] - The company is also involved in blockchain and Web3 technologies through its Piranha Blockchain subsidiary, focusing on secure digital asset storage and online privacy [5] - SecureTech is known for its safety device, Top Kontrol, which is designed to prevent theft and carjacking [5]
VCI Global Acquires US$100 Million in OOB Tokens and Is Appointed as Treasury Manager of OOB Foundation, in Partnership with OOBIT, Where Tether (USDT Issuer with US$183 Billion in Circulation) Is the Largest Shareholder
Globenewswire· 2025-11-11 12:59
Core Insights - VCI Global Limited has acquired approximately US$100 million in OOB tokens and has been appointed as Treasury Manager for the OOB digital-asset ecosystem, which is primarily owned by Tether Investment Limited [1][2] - The acquisition positions VCI Global as a significant player in the digital-asset ecosystem, enhancing its relationships with key industry leaders [2] - The OOB token will function as a utility and incentive token within the OOBIT platform, which aims to integrate blockchain technology into everyday financial activities [3][5] Company Overview - VCI Global is focused on developing cross-sector platforms that leverage technology, AI, digital assets, and capital markets to create sustainable value [3][4] - The company aims to build scalable platforms that enhance resilience, efficiency, and long-term value across various high-growth sectors [8] Transaction Details - VCI Global acquired US$50 million worth of OOB tokens at a market capitalization of US$200 million (US$0.20 per token) through restricted shares issued to the OOB Foundation, with plans to acquire an additional US$50 million through cash purchases post-launch [5] - The transaction structure includes the establishment of VCI Global's Digital Treasury Division to manage digital-asset initiatives and integrate token utility into its AI, fintech, and data platforms [7] OOB Token and OOBIT Platform Features - The OOB token will enable tap-to-pay crypto transactions, low-cost cross-border remittances, loyalty rewards, and multi-chain interoperability [6] - The platform aims to bridge traditional finance with decentralized ecosystems, enhancing the utility of the OOB token [6]
X @The Block
The Block· 2025-11-11 09:00
Industry Development - Startale unveils super-app for Sony's Soneium blockchain ecosystem [1]
X @Avalanche🔺
Avalanche🔺· 2025-11-11 02:13
Hiring Opportunity - Avalanche L1 正在寻找协议工程师,负责从 0 到 1 的构建:配置、测试、部署 [1] - 成功推荐入职者可获得 2.5 万美元($25k)的推荐奖金 [1]
Launchpad Cadenza Acquisition(LPCVU) - Prospectus
2025-11-10 21:40
As filed with the Securities and Exchange Commission on November 10, 2025. Registration No. 333- UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 ____________________ Launchpad Cadenza Acquisition Corp I (Exact name of registrant as specified in its charter) ____________________ | Cayman Islands | 6770 | 98-1877330 | | --- | --- | --- | | (State or other jurisdiction of | (Primary Standard Industrial | (I.R.S. Employer | ...
Coinbase Launches Platform for Digital Token Offerings
WSJ· 2025-11-10 13:30
Core Insights - Blockchain startup Monad will be the first project to sell its token on the new platform [1] Company Summary - Monad is a blockchain startup that is set to launch its token sale on a newly established platform [1]
Blaqclouds, Inc. Announces Completion of Apollo ID Integration and Opens VIP Testing to First 500 Apollo Wallet Users
Prism Media Wire· 2025-11-10 13:00
Core Insights - Blaqclouds, Inc. has successfully completed the integration of Apollo ID, a decentralized identity module, into its Apollo Wallet and associated platforms, enhancing Web3 identity management [3][4][7] - The company is offering VIP access to the first 500 verified Apollo Wallet users for early testing of Apollo ID's features, including on-chain KYC and NFT-based identity tools [4][6][11] - Upcoming updates will introduce biometric login through facial recognition technology, developed in partnership with a leading AI firm [7][8][9] Integration and Features - Apollo ID integration has been finalized with Apollo Wallet, ZEUSx DEX, and ShopWithCrypto.io, marking a significant advancement in decentralized identity verification [4][10] - The Apollo ID initiative includes features such as decentralized KYC, NFT-based digital identity vaults, and multi-chain compatibility across various blockchain networks [10][15] - Each Apollo ID domain serves as a self-sovereign identity token, enabling users to manage their identity credentials securely and independently [12][15] User Engagement and Testing - The company is currently conducting sandbox testing for Apollo ID, with plans for a public release following successful early testing [11] - Interested users can gain early access by emailing the company, with invitations granted on a first-come, first-served basis to the first 500 applicants [6][11] - The initiative aims to empower users with control over their digital identities while ensuring enterprise-grade security [9][16] Future Developments - Blaqclouds is committed to continuous innovation, with plans to integrate facial recognition technology to enhance user authentication and security [7][8] - The Apollo ID platform aims to bridge Web2 and Web3, providing a seamless experience for users managing their digital identities [14][16] - The overarching goal is to promote secure, user-owned identity solutions within the mainstream adoption of Web3 technologies [16]
BITDEER(BTDR) - 2025 Q3 - Earnings Call Presentation
2025-11-10 13:00
Financial Performance - Total revenue for Q3 2025 was $169.7 million[9, 11], a significant increase compared to $62.0 million in Q3 2024[9] - Adjusted EBITDA for Q3 2025 reached $43.0 million[9, 11], a substantial improvement from $(7.9) million in Q3 2024[9] - The company reported a net loss after tax of $266.7 million for Q3 2025[11] - Cash and cash equivalents stood at $196.3 million, with a crypto balance of $246.2 million[11] Operational Highlights - Self-mining operations saw a significant increase, with the number of BTC mined rising from 565 in Q2 2025 to 1,109 in Q3 2025[13], a roughly 96% increase - The company achieved a hash rate of 41.2 EH/s as of October 31, 2025[11], compared to 14.2 EH/s in October 2025[13], a roughly 190% increase - Sales of SEALMINERs contributed $11.4 million in revenue from 0.8 EH/S of mining rigs sold in Q3 2025[15] Strategic Initiatives and Infrastructure - The company is expanding its HPC/AI strategy across multiple initiatives[11, 22] - The Clarington, Ohio site with 570 MW electrical capacity is expected to be available by Q3 2026[11, 32] - The company has a global scale with a strong power pipeline, aiming to have 2.1 GW of power capacity online by Q4 2026[60]
Wenlay Releases Cross-Chain Bridge Solution to Tackle Multi-Chain Liquidity Challenges
Globenewswire· 2025-11-10 12:22
Core Insights - Wenlay has launched a new cross-chain bridge solution to enhance asset liquidity and cross-domain settlement in multi-chain ecosystems [1] - The solution features light client verification and multi-path proof aggregation technology for secure and fast asset transfers [3] - A "Risk Isolation Vault" is implemented to manage cross-chain assets in separate pools, ensuring overall liquidity remains unaffected during security issues on any single chain [3] Technical Features - The bridge solution has completed initial compatibility testing with major Rollup protocols and public chains, including Arbitrum, Optimism, and Polygon [4] - Wenlay plans to expand its bridge channels to ecosystems like Avalanche and BNB Chain in the coming months [4] User Engagement and Incentives - Wenlay will introduce a "Cross-Chain Incentive Program" to encourage asset movement across chains, offering low transaction fees and ecosystem token rewards [5] - This initiative aims to enhance bridge liquidity and user engagement in the short term [5] Industry Perspective - Industry experts believe that efficient and low-cost cross-chain bridges will be essential for blockchain infrastructure as multi-chain ecosystems become prevalent [6] - Wenlay's solution is positioned to become a key hub for multi-chain liquidity, showcasing both technical competitiveness and user experience [6]
Low-Cap Privacy Play: Why Capital is Rotating From ZEC and DASH Into COTI
Yahoo Finance· 2025-11-10 08:24
Core Insights - Interest in privacy coins is shifting from large-cap coins like Zcash to mid-cap and low-cap altcoins, with Coti currently attracting significant attention [1][2] - Coti has experienced a remarkable surge, becoming the best-performing altcoin in the privacy blockchain category, with a 54% increase in value over 24 hours [3] - The market capitalization of Coti rose from $65 million to $127 million in November, although it still trails behind larger competitors like DASH and ZEC [5] Company Overview - Coti is a privacy-focused blockchain platform that employs Garbled Circuits technology to provide programmable privacy, allowing users to manage their data flexibly [2] - Initially launched in 2019 for fast and low-cost payments, Coti has recently shifted its focus towards privacy solutions, integrating with over 70 blockchain networks, including Ethereum [2] Market Performance - Coti's market capitalization has seen significant growth, with historical data indicating a previous peak of $1.6 billion in 2017, reviving investor hopes for a return to those levels [5] - The number of daily active addresses on the Coti network has reached a six-month high, increasing from around 100 in April to over 650, indicating growing user engagement [6][7] - Coti currently has over 17,000 total accounts and processes more than 22,000 transactions daily, with nearly 59 million total transactions completed on the network [8][9] Industry Perspective - The CEO of Coti, Shahaf Bar-Geffen, emphasized that privacy is not just a feature but essential infrastructure for unlocking future on-chain value across various sectors like RWAs, DeFi, and AI [4]