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Discover Latest #Blockchain News, Articles and Videos with Contenting

Blockchain news, articles, and videos can be found in many places online. Popular websites such as CoinDesk, Cointelegraph, and CryptoSlate are good sources for reading up on the most recent developments in the blockchain space. Additionally, Twitter and Reddit are great places to find articles and videos about blockchain. YouTube also has a wealth of educational videos about blockchain, with channels dedicated to teaching viewers about the technology.

ForexTV

21.12.2024

NextGen Digital Provides Business Progress Updates and Announces Strategic Expansion - ForexTV

- NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH U.S. NEWSWIRE SERVICES –Fredericton, New Brunswick, Dec. 20, 2024 (GLOBE NEWSWIRE) -- NextGen Digital Platforms Inc. (CSE:NXT) (“NextGen” or the “Company”) is pleased to provide corporate updates on its existing business platforms, and to announce its new strategic expansion to acquire and hold positions in certain cryptocurrencies, including Solana (“SOL”), XRP (“Ripple”), and Dogecoin (“DOGE”). Business Progress Updates The AI-powering workstation purchases previously announced by the Company on November 28, 2024, are now in delivery, following logistical challenges by the Company’s initial supplier and the Company’s ensuing engagement of a new supplier to ensure timely procurement. These workstations will expand the Company’s hardware-as-a-service business known as its “Cloud AI Hosting” fleet, which represents a revenue-generating business that the Company continues to grow. Cloud AI Hosting was developed in-house by NextGen. Additionally, the Company is pleased to report the successful completion of a social media marketing campaign for its e-commerce platform, PCSections.com (“PCS”). PCS has generated increased revenue relative to the prior fiscal quarter. PCS was developed in-house by NextGen and has been in operation for approximately two years. Strategic Expansion Consistent with NextGen’s longstanding mission to develop and acquire revenue-generating micro-technology digital platforms, the Company is excited to announce the launch of its third business line, which is intended to provide NextGen and its investors with exposure to the rapidly expanding cryptocurrency sector. This also helps diversify the Company’s technology holdings across e-commerce, artificial intelligence, and now Web3. The Company’s strategic expansion to acquire and hold SOL, Ripple and DOGE is expected to establish NextGen as a publicly traded proxy for this curated basket of cryptocurrencies, enabling investors to access the growing digital asset market through traditional equity markets. This expansion also leverages NextGen’s past exposure to the cryptocurrency sector through its inaugural platform, CryptoASICMining.com (“CAM”), the predecessor to PCS, as described in the Company’s press release dated November 29, 2024. While CAM ultimately evolved into PCS, which remains the Company’s first digital platform, it provided the Company’s leadership and operational personnel with valuable experience in digital asset infrastructure, and a better understanding of the potential opportunities within the sector. As the digital asset market continues to rapidly evolve and mature, so must the Company. This strategic expansion reflects another step in the Company's evolution and broadens NextGen’s mission to include democratizing access to cryptocurrencies by providing investors with exposure to digital assets, without some of the complexities associated with direct cryptocurrency ownership. With this third business, NextGen adds a corporate objective of becoming a public entity providing exposure to a diversified cryptocurrency basket. About Solana, XRP, and Dogecoin 1. Solana (SOL) Solana is a high-speed, low-cost, large-scale blockchain platform launched in 2020. Having the capabilities to support up to 65,000 transactions per second at significantly low speeds, Solana is a leading platform for a large variety of decentralized finance (“DeFi”), non-fungible tokens (“NFTs”), and Web3 applications(1)(2). Solana’s growing developer ecosystem and widespread adoption make it a cornerstone of the cryptocurrency market. NextGen’s Perspective: By acquiring and holding Solana, NextGen intends to capitalize on the demand for marquee DeFi and blockchain-based applications and solutions, offering investors exposure to – in the opinion of management – one of the most promising and advanced ecosystems in the digital asset space. 2. XRP (Ripple) XRP, developed by Ripple Labs, is a high-speed, scalable, and decentralized public blockchain aiming to improve global payments by enabling faster, cheaper, and more reliable cross-border transactions. Unlike traditional payment systems, which in some case may take days to settle, XRP proposes to facilitate near-instantaneous transactions at a fraction of the cost(3). NextGen’s Perspective: NextGen views XRP as an important asset in the future of global institutional finance, offering investors exposure to a cryptocurrency that aims to bridge the gap between blockchain and traditional banking systems. 3. Dogecoin (DOGE) Initially launched as a meme-based open-source, peer-to-peer cryptocurrency, Dogecoin has evolved into an accepted digital asset real-world transactional utility. Supported by a passionate community and high-profile endorsements, Dogecoin is increasingly used for micropayments, tipping, and e-commerce(4). Its cultural relevance and simplicity make it an accessible entry point for new cryptocurrency users. NextGen’s Perspective: By acquiring and holding Dogecoin, NextGen hopes to opportunistically access mainstream adoption, providing investors with the opportunity to be a part of the expected growth and popularity of a community-driven cryptocurrency. Interim Chief Executive Officer’s Statement: “Our strategic expansion aligns with NextGen’s long-time mission, through which we give our investors exposure to exciting emerging micro-technology digital platforms that we have incubated or acquired. Through this expansion, we at NextGen hope to democratize cryptocurrency investing. By becoming a public proxy for a curated basket of these selected cryptocurrencies, we intend to offer investors a gateway into the digital asset economy. This strategy reflects our confidence in the long-term potential of blockchain technology and its impact on finance, commerce, and society,” said Alexander Tjiang, Interim CEO of NextGen. Additional Corporate Developments Further to the Company’s news release of December 20, 2024, in which the Company announced its three-month marketing engagement with Machai Capital Inc. (“Machai”), the Company has entered into an amending agreement with Machai dated December 20, 2024 (the “Machai Amending Agreement”) to amend the marketing services agreement with Machai (the “Original Machai Agreement”). Pursuant to the Machai Amending Agreement, the Company and Machai have agreed to decrease Machai’s marketing budget from C$155,000 (plus GST) to C$75,000 (plus GST) (the “Machai Budget”). All other terms of the Original Machai Agreement remain unamended. For more information regarding the Company’s engagement of Machai, please refer to its news release dated December 20, 2024. Machai and its principles' directly own 954,042 common shares of the company. Market Opportunity As global cryptocurrency adoption continues to accelerate, the market for publicly traded proxies that enable investors access into the digital asset space has become increasingly more important. Crypto activity and usage have reached all-time highs, with ~220 million active addresses as of September 30, 2024(5). However, barriers such as regulatory uncertainty, custodial complexities, and technical knowledge gaps limit direct access for many investors. NextGen hopes to bridge this gap by offering an accessible alternative to direct cryptocurrency investments. About NextGen Digital Platforms Inc. NextGen Digital Platforms Inc. (CSE: NXT) is listed on the Canadian Securities Exchange. The Company currently operates e-commerce platform PCSections.com (“PCS”) and a hardware-as-a-service business supporting the artificial intelligence sector, called cloud AI hosting (“Cloud AI Hosting”). Both PCS and Cloud AI Hosting were developed in-house by NextGen. The Company also intends to democratize access to cryptocurrencies by providing investors with exposure to a diversified basket of digital assets through a regulated public vehicle. From time to time, the Company also intends to evaluate and acquire or develop other micro-technology platforms. For More Information: Alexander Tjiang, Interim Chief Executive Officer(416) 300-7398https://nextgendigital.ca/ ‎info@nextgendigital.ca Caution Regarding Forward-Looking Information Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release. This press release includes certain "forward-looking information" within the meaning of applicable Canadian securities legislation. All statements herein, other than statements of historical fact, constitute forward-looking information. Forward-looking information is frequently, but not always, identified by words such as "expects", "anticipates", "believes", "intends", "estimates", "potential", "possible", and similar expressions, or statements that events, conditions, or results "will", "may", "could", or "should" occur or be achieved. Forward-looking information in this press release includes, but is not limited to, statements regarding the delivery and operation of workstations for Cloud AI Hosting, the Company's future cryptocurrency investing plans and strategies, the Company’s proposed strategic expansion and growth strategies, the Company’s ability to provide investors with exposure to digital assets, the potential success of its investments and its brand, the growth of Solana, XRP, DOGE and other digital assets and the mainstream adoption of various cryptocurrencies. Forward-looking information reflects the beliefs, opinions and projections on the date the statements are made and are based upon a number of assumptions and estimates, including those pertaining to timely workstation delivery, cryptocurrency adoption, and the Company’s ability to execute its cryptocurrency business strategy, that, while considered reasonable by the Company, are inherently subject to significant business, technical, economic, and competitive uncertainties and contingencies, including the speculative nature of cryptocurrencies. Many factors, both known and unknown, could cause actual results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking information. Such risks, uncertainties and other factors include, without limitation, the Company's ability to execute on its business and investment plans; operational and technological risks relating to Cloud AI Hosting; the Company's ability to raise debt or equity through future financing activities; the Company's ability to increase its investments in cryptocurrency-based technologies; any adverse changes and developments regarding Solana, XRP, DOGE or the cryptocurrency ecosystem; the growth and development of decentralized finance and the digital asset sector; any new rules and regulations with respect to decentralized finance and digital assets; the inherent volatility in the prices of certain cryptocurrencies including Solana, XRP and DOGE; increasing competition in the crypto and blockchain industries; general economic, political and social uncertainties in Canada and the United States; currency exchange rates and interest rates; the limited financial and personnel resources of the Company; the Company's reliance on the expertise and judgment of senior management and the Company's ability to attract and retain key personnel; the speculative nature of cryptocurrencies in general; and the Company's ability to continue as a going concern. There can be no assurance that such forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information. The Company undertakes no obligation to update forward-looking statements herein except as required by applicable securities laws. Investors are cautioned against attributing undue certainty to forward-looking statements herein. ____________________ 1. https://solana.com 2. https://ecos.am/en/blog/what-is-cryptocurrency-solana-sol-and-how-does-it-work/?srsltid=AfmBOoppeVpSvQe6PMDOa2kYI1ZYWMo2PgIpSsa5jMBf6Av4eMh4BU4a 3. https://xrpl.org 4. https://dogecoin.com 5. a16z, State of Crypto Report (2024), Sensor Tower

ForexTV

22.12.2024

CoinEx 7th Anniversary CEO Open Letter: Seven Years Together, Creating the Future - ForexTV

HONG KONG, Dec. 22, 2024 (GLOBE NEWSWIRE) -- Dear CoinEx Users and the Global Community, On the occasion of CoinEx’s 7th anniversary, I am full of gratitude. On behalf of the entire CoinEx team, I want to thank our incredible users and communities around the world for your unwavering trust, support, and companionship over the past seven years. Because of you, we have overcome challenges, seized opportunities and continued moving forward in this ever-evolving industry filled with both opportunities and challenges. Seven years ago, CoinEx began as an idea, a vision for what cryptocurrency trading could become. Today, CoinEx has grown into a global cryptocurrency exchange, serving users in 18 language markets and operating across 200+ countries and regions, supporting 1,200+ cryptocurrencies, and 1,800+ trading markets, catering to the diverse needs of its 10 million+ users, with a vibrant community spanning 2,000+ global groups. This exciting journey has been filled with challenges and opportunities. On this special occasion, I want to revisit the achievements we’ve made, explore our vision for the future, and express my heartfelt thanks to you, our users who have supported us along the way.You, Our Driving Force The number 7 holds a profound symbolic meaning in our lives and cultures: seven days in a week signify cycles and rebirth; seven notes create harmonious melodies; seven colors of the rainbow showcase the diversity and wonders of nature. For CoinEx, 7 represents a milestone of growth, relentless innovation, and memories we’ve written together. Every step of CoinEx’s growth has been fueled by your participation and support. I still remember one long-time user who said in their feedback: "CoinEx has not only brought me returns on my investments but also reshaped my understanding of cryptocurrencies and the future of finance." Messages like these inspire us to keep moving forward, reminding us that you are not just our users but our partners in building a brighter future. Continuous Upgrades and Innovations We hold dear our users' needs, and echoes our "user first" philosophy. In 2024, we focused our efforts on iterating and innovating across multiple product lines and bring the best product experience to our users: Product Innovations: Launched Swap, P2P, CoinEx Staking, CoinEx Mining, PreToken Trading, and Futures Copy Trading meet the diverse trading needs.Security Enhancement: Upgrades security systems, VIP-tier framework, and CET utility systems to create a superior trading environment.Education and Empowerment: Introduced CoinEx Insight and CoinEx Academy, offering investment insights.Investment Opportunity: Adhered "High-Quality, High-Speed, High-Demand" listing strategy and supported 1,200+ cryptocurrencies, achieving a 50% year-on-year increase compared to 2023. CoinEx wants to become as indispensable as water and electricity—an essential infrastructure for you in your daily investments. This quiet but endless companionship lies at the heart of our service philosophy. Moving forward, CoinEx will continue to shoulder this responsibility, delivering efficient and trustworthy trading experiences. Looking Ahead: Staying True to Our Vision Seven years ago, Bitcoin was just priced below $400. The liberation of finance through blockchain is a deep inspiration for me to pursue not only for myself but for others to discover, experience and enjoy. At that time, I firmly believed that blockchain would redefine the future of finance. With this belief, I founded CoinEx. It’s important for people to understand the spirit of freedom, that in blockchain finance, everyone’s assets are completely in their control. No one can remove or freeze them, circulating directly and openly within the network. Over the past seven years, despite the ever-changing industry landscape, our original mission has never changed: to provide a simple, secure, and fair cryptocurrency trading platform for our users. Challenges were expected in our first endeavour into the crypto and blockchain space. Building a solid team while solving security and compliance-related issues were fundamental to operating a healthy and balanced trading platform. It became more apparent that facilitating substantial funds for operation, safeguarding assets and supporting hundreds of public chains were not going to come easy. However, preserving our mission to run a smooth and pleasant trading exchange helped us overcome our obstacles and move forward with our plans. Whenever the market’s activity slowed down, we took it as an opportunity to evaluate and advance our products to ensure that, once the market regained its momentum, we would be ready to handle large-scale and full-fledged trading mechanisms. In everything we do, our priority remains committed to our users. I am still optimistic about the future of the industry, not because it has surpassed $100,000 as I write this but because freedom is a universal human value to me. Moving forward, we will continue to commit our time and effort to improve CoinEx’s ecosystem through enhancing product features, monitoring any security or regulatory concerns and exploring trade and investment opportunities. These foundations remain critical for us to provide attractive and quality-driven products, no matter their level of knowledge or experience in crypto and blockchain applications. To our 10+ million users across the globe: thank you for being an integral part of this journey. CoinEx’s success is your success, and together, we will continue to build a platform that always puts its users first. Here’s to seven incredible years—and to the many more milestones we will achieve together. With heartfelt gratitude, Haipo YangFounder & CEO of CoinEx About CoinExEstablished in 2017, CoinEx is a global cryptocurrency exchange committed to making trading easier. The platform provides a range of services, including spot and futures trading, margin trading, swap, automated market maker (AMM), and financial management services for over 10 million users across 200+ countries and regions. Since its establishment, CoinEx has steadfastly adhered to a "user-first" service principle. With the sincere intention of nurturing an equitable, respectful and secure crypto trading environment, CoinEx enables individuals with varying levels of experience to effortlessly access the world of cryptocurrency by offering easy-to-use products.To learn more about CoinEx, visit: Website | Twitter | App | Telegram | LinkedIn | Facebook | Instagram | YouTube Contact:Karen Hupr@coinex.com Disclaimer: This content is provided by CoinEx. The statements, views and opinions expressed in this column are solely those of the content provider. The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities. Please conduct your own research and invest at your own risk. A photo accompanying this announcement is available at:https://www.globenewswire.com/NewsRoom/AttachmentNg/d1c7decd-5c8b-49f6-9c96-9d7352d576da

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