Tether

Ondo Finance Expands Focus to Asia Pacific, Making it Easier to Invest In US-Based Assets

Retrieved on: 
Monday, January 22, 2024

Ondo Finance , a leading player in onchain finance, today announced its expansion into the Asia Pacific with the opening of its first office in the region.

Key Points: 
  • Ondo Finance , a leading player in onchain finance, today announced its expansion into the Asia Pacific with the opening of its first office in the region.
  • Together, they enable investors from around the world to gain exposure to key US-based asset classes in tokenized form.
  • “I’m thrilled to be joining the Ondo team and building out our presence in APAC,” said Mr. Khosa.
  • It also comes on the tail of major announcements by other members of the Ondo Ecosystem:
    Mantle and Solana recently announced partnerships with Ondo Finance to bring USDY to their chains.

AnX Robotica is Pleased to Announce FDA Clearance for Expanded Indications of NaviCam Small Bowel Video Capsule Endoscopy

Retrieved on: 
Monday, January 15, 2024

PLANO, Texas, Jan. 15, 2024 /PRNewswire/ -- AnX Robotica, the leader in advanced gastrointestinal visualization technologies, is thrilled to announce FDA clearance for expanded indications of its NaviCam Small Bowel Video Capsule Endoscopy (SB) in both adults and children aged 2 years and above.

Key Points: 
  • PLANO, Texas, Jan. 15, 2024 /PRNewswire/ -- AnX Robotica, the leader in advanced gastrointestinal visualization technologies, is thrilled to announce FDA clearance for expanded indications of its NaviCam Small Bowel Video Capsule Endoscopy (SB) in both adults and children aged 2 years and above.
  • This significant milestone, combined with the recent FDA clearance of ProScan, the pioneering AI-assisted reading tool for Small Bowel Video Capsule Endoscopy (VCE), firmly establishes NaviCam SB as the most advanced technology in small bowel vide capsule endoscopy.
  • In tandem with the NaviCam SB clearance, the FDA has also approved the NaviCam Tether as an accessory for the NaviCam SB Capsule.
  • "With FDA clearance, NaviCam Small Bowel Capsule Endoscopy represents a groundbreaking leap forward, now extending its revolutionary diagnostic capabilities to patients as young as 2 years old.

EQS-News: Northern Data Group announces closing of Damoon acquisition

Retrieved on: 
Monday, January 8, 2024

Frankfurt/Main – 8 January 2024 – Northern Data AG (‘Northern Data Group’; Ticker symbol German stock market: NB2 , ISIN: DE000A0SMU87 ) today announces the completion of the acquisition of Damoon Limited, formerly Damoon Designated Activity Company (‘Damoon’)’ from Tether Group.

Key Points: 
  • Frankfurt/Main – 8 January 2024 – Northern Data AG (‘Northern Data Group’; Ticker symbol German stock market: NB2 , ISIN: DE000A0SMU87 ) today announces the completion of the acquisition of Damoon Limited, formerly Damoon Designated Activity Company (‘Damoon’)’ from Tether Group.
  • The closing of the transaction now makes Tether Group, one of the world’s most successful and innovative blockchain technology companies, the cornerstone shareholder in Northern Data Group.
  • In total, including the recently announced purchases , Northern Data Group now owns more than 18,000 NVIDIA H100 Tensor Core GPUs.
  • Thereby, Northern Data acquired 69.92% of Damoon, as well as 69.92% of the c. EUR 400 million shareholder loan granted to Damoon by Tether Group.

Northern Data Group announces closing of Damoon acquisition

Retrieved on: 
Monday, January 8, 2024

FRANKFURT, Germany, Jan. 8, 2024 /PRNewswire/ -- Northern Data AG ('Northern Data Group') (Ticker symbol German stock market: NB2) (ISIN: DE000A0SMU87) today announces the completion of the acquisition of Damoon Limited, formerly Damoon Designated Activity Company ('Damoon')' from Tether Group.

Key Points: 
  • FRANKFURT, Germany, Jan. 8, 2024 /PRNewswire/ -- Northern Data AG ('Northern Data Group') (Ticker symbol German stock market: NB2) (ISIN: DE000A0SMU87) today announces the completion of the acquisition of Damoon Limited, formerly Damoon Designated Activity Company ('Damoon')' from Tether Group.
  • The closing of the transaction now makes Tether Group, one of the world's most successful and innovative blockchain technology companies, the cornerstone shareholder in Northern Data Group.
  • Thereby, Northern Data acquired 69.92% of Damoon, as well as 69.92% of the c. EUR 400 million shareholder loan granted to Damoon by Tether Group.
  • With the registration of a further increase of its share capital against contribution in kind by EUR 6,556,949 to EUR 48,734,180 on 3 January 2024, Northern Data Group acquired the remaining 30.08% of Damoon and of the shareholder loan granted to Damoon in implementation of the exercise of the call option granted to Northern Data Group in the Investment Agreement, as already announced in September 2023, thereby fully completing the acquisition of Damoon and the shareholder loan granted to Damoon.

SUZUVERSE Rolls Out Major App Update 2.0.5 Alongside Projected Growth and 2024 Plans

Retrieved on: 
Sunday, January 7, 2024

The company is forecasting continued growth, with total sales expected to reach $280 million in 2024.

Key Points: 
  • The company is forecasting continued growth, with total sales expected to reach $280 million in 2024.
  • This latest app update focuses on two key features - the first celebrity AI on CheerCast and an in-app web3 wallet.
  • Users can now trade, swap, and manage SGT directly within the SUZUVERSE app without leaving the app.
  • SUZUVERSE plans to continually improve its mixed reality metaverse with more interactive features that bridge virtual and real-world engagement.

OKX Ventures Report Highlights USDC and USDT Domination with 90%+ of Evolving Stablecoin Market

Retrieved on: 
Wednesday, January 3, 2024

The report provides an in-depth analysis of the stablecoin sector's growth patterns, innovations, and future directions.

Key Points: 
  • The report provides an in-depth analysis of the stablecoin sector's growth patterns, innovations, and future directions.
  • Key highlights from the report include:
    Market dominance: As of December 2023, USDT holds a staggering 70% share of the total stablecoin market capitalization, while USDC secures around 20%.
  • Resilience and profitability: Despite the cryptocurrency market's downturn, USDT and USDC have shown exceptional resilience.
  • Innovative growth: The report highlights the continuous innovation and expansion in the stablecoin sector, especially in the realms of USDT and USDC.

Gate.io Lend & Earn Reaches New Heights with $500M in Loaned Assets

Retrieved on: 
Friday, December 8, 2023

Panama City, Panama--(Newsfile Corp. - December 8, 2023) - Gate.io, a leading crypto exchange and Web3 innovator, has announced a significant milestone for its crypto lending platform, Lend & Earn.

Key Points: 
  • Panama City, Panama--(Newsfile Corp. - December 8, 2023) - Gate.io, a leading crypto exchange and Web3 innovator, has announced a significant milestone for its crypto lending platform, Lend & Earn.
  • Lend & Earn has quickly become one of Gate.io's most sought-after features.
  • Gate.io credits Lend & Earn's growing popularity to the recent upgrading of its Proof of Reserves process.
  • This upgrade has significantly improved user confidence by providing more frequent reserves reporting on the top 100 assets by market cap.

Exodus Reports Third Quarter 2023 Results

Retrieved on: 
Wednesday, November 29, 2023

“I’m thrilled because we partnered with Magic Eden this quarter to sign Exodus’ first Wallet-as-a-Service deal,” said JP Richardson, CEO and co-founder of Exodus.

Key Points: 
  • “I’m thrilled because we partnered with Magic Eden this quarter to sign Exodus’ first Wallet-as-a-Service deal,” said JP Richardson, CEO and co-founder of Exodus.
  • Both parties benefit as Exodus starts our Wallet-as-a-Service and Infrastructure-as-a-Service era.”
    Exchange provider processed volume - $569.3 million in Q3 2023, up 4% YoY from Q3 2022.
  • Exodus will host a webcast of its third quarter 2023 fiscal results beginning at 3:30PM (Eastern Time) on November 29, 2023.
  • Questions for Exodus Management related to the third quarter can be submitted via e-mail at [email protected] in advance of the webcast.

GameFi Token TG.Casino Raises $4m After $45m Wagered As Whale Traders Buy

Retrieved on: 
Friday, December 15, 2023

The project is also verified by Assure DeFi and was issued with its KYC certificate in November.

Key Points: 
  • The project is also verified by Assure DeFi and was issued with its KYC certificate in November.
  • In addition, security firm Coinsult has conducted an audit of the project's smart contract and no major issues were flagged.
  • Leading crypto experts and analysts are cheering for TG.Casino as the next big thing in GameFi, presumably because they see the attractiveness of its many unique selling points.
  • Coinpedia , Business Insider , Cryptonews and Finbold are some of the financial media outlets covering the latest GameFi sensation.

GameFi Token TG.Casino Raises $4m After $45m Wagered As Whale Traders Buy

Retrieved on: 
Friday, December 15, 2023

The project is also verified by Assure DeFi and was issued with its KYC certificate in November.

Key Points: 
  • The project is also verified by Assure DeFi and was issued with its KYC certificate in November.
  • In addition, security firm Coinsult has conducted an audit of the project's smart contract and no major issues were flagged.
  • Leading crypto experts and analysts are cheering for TG.Casino as the next big thing in GameFi, presumably because they see the attractiveness of its many unique selling points.
  • Coinpedia , Business Insider , Cryptonews and Finbold are some of the financial media outlets covering the latest GameFi sensation.