Month: February 2024

–News Direct– Fincraft Group head Kenges Rakishev joins Proactive's Stephen Gunnion with more details about the company following the successful IPO of Borealis Foods on NASDAQ through a combination with Fincraft's Oxus Acquisition Corp. Fincraft, a privately-owned Kazakhstan holding company, focuses on investments both within Kazakhstan and internationally, boasting a diverse portfolio that includes mining companies such as Kaznickel, which holds large deposits of nickel and cobalt, and oil and gas production entities. Fincraft Group has also ventured into refinery trading, education by owning private schools, and financial services, including ownership of a significant financial institute and a brokerage company. Rakishev, with a background spanning over 20 years in pri...

–News Direct– RocketFuel Payment Solutuons CEO Peter Jensen joined Steve Darling from Proactive to share insight into a discussion that delved into the evolving landscape of global currencies and the impact of blockchain technology, especially after Bitcoin breached previous highs of $57,000. With a focus on the potential shift away from the dominance of the US dollar, Jensen highlights the growing interest in cryptocurrencies and stable coins for international transactions. He emphasizes the efficiency and security benefits of blockchain, suggesting a future where countries or alliances could adopt their own digital currencies. The conversation explores the strategic implications for businesses and governments, noting the gradual adoption of these technologies worldwide. Jensen&#39...

–News Direct– Trust Stamp CTO Scott Francis joined Steve Darling from Proactive to issue a warning to financial institutions and their customers regarding the emerging dangers posed by Trojans targeting bank accounts. One such newly discovered Android Trojan, dubbed "GoldDigger," has raised concerns among cybersecurity experts. Furthermore, Group-IB's threat intelligence unit identified a cluster of aggressive banking Trojans, including GoldPickAxe, which is the first known iOS Trojan designed to harvest facial biometric data for unauthorized access to bank accounts. Francis emphasized the importance of safeguarding biometric data in light of rapidly evolving attacks like these Trojans. He highlighted Trust Stamp's revolutionary Stable IT2 TM technology an...

–News Direct– Hive Digital Technologies Chief Financial Officer Darcy Daubaras joined Steve Darling from Proactive and shared significant updates regarding the company's Bitcoin mining operations. He announced the purchase of 1,000 Bitmain S21 Antminers, which will add 200 petahash per second of high-efficiency Bitcoin mining capacity to the company's operations. The S21 Antminer is recognized as one of the newest and most efficient Bitcoin mining ASIC systems, boasting a remarkable energy efficiency of 17.5 joules per terahash. Additionally, Daubaras disclosed that Hive Digital Technologies has further strengthened its position by accumulating 2,070 Bitcoin on its balance sheet as of February 21, 2024. This proactive approach aligns with the company's strategic ...

–News Direct– HIVE Digital Technologies, a prominent Bitcoin miner is at the forefront of the Bitcoin mining sector with operations in Sweden and Iceland. Frank Holmes, co-founder and chairman of HIVE, emphasised the role of Bitcoin in the digital financial transformation, highlighting the significant inflows into Bitcoin ETFs such as those from VanEck and BlackRock. Holmes underscored the decentralised nature of the Bitcoin ecosystem, powered by 17,000 nodes worldwide, offering transaction validation at a fraction of traditional banking costs. He discussed the upcoming Bitcoin halving in April, its implications for the mining sector, and Hive's commitment to mining "green coins" using renewable energy sources. Despite challenges from the discontinuation of Intel&...

Matrix42 Powers Up for Transformation at LEAP 2024 Riyadh, Saudi Arabia, 28th February 2024, ZEX PR WIRE, Matrix42, a leading provider of enterprise service and asset management solutions, is excited to announce its participation at LEAP 2024, the world’s largest technology event in Riyadh at the Riyadh Exhibition and Convention Center from March 4th to 7th, 2024. Join us at stand H4 F50 in HALL 4, along with our partners EMT Distribution. We’ll be showcasing our award-winning solutions through live demos and interactive sessions, looking forward to connect with key customers, partners, and potential clients in the Middle East. At LEAP 2024, Matrix42 will: Unveil the latest advancements in enterprise service and asset management: Discover how our innovative solutions can optimize IT op...

–News Direct– Tonix Pharmaceuticals CEO Dr. Seth Lederman joined Steve Darling from Proactive to share significant news regarding the company's latest development: the clearance of the Investigational New Drug application by the U.S. Food and Drug Administration for the Phase 2 investigator-initiated OASIS trial. This trial aims to evaluate the efficacy of TNX-102 SL in reducing the severity of acute stress reaction and the frequency of acute stress disorder and post traumatic stress disorder. Dr. Lederman explained that the trial is sponsored by The University of North Carolina Institute for Trauma Recovery and is supported by a substantial 3 million dollar grant from the U.S. Department of Defense. The primary objective of the trial is to assess the safety and efficacy of TNX-1...

–News Direct– Tonix Pharmaceuticals CEO Dr. Seth Lederman joined Steve Darling from Proactive to share positive Phase 3 data on Tonmya, also known as TNX-102 SL, for the management of fibromyalgia, and discussed the company's plans to file for FDA approval in the second half of 2024. Dr. Lederman highlighted that Tonmya, a centrally acting, non-opioid, non-addictive bedtime medication, showed promising results in the RESILIENT Phase 3 study. The study met its pre-specified primary endpoint by significantly reducing daily pain compared to placebo in participants with fibromyalgia. Additionally, significant improvements were observed in key secondary endpoints related to sleep quality, fatigue reduction, and overall fibromyalgia symptoms and function. Based on these positive result...

–News Direct– Forte Minerals CEO Patrick Elliott joined Steve Darling from Proactive to share news about the company's publication of its initial Environmental, Social, and Governance (ESG) report. This significant milestone demonstrates Forte Minerals' dedication to sustainable exploration and mining practices and underscores its commitment to responsible operations. Elliott highlighted that the pillars of the ESG report emphasize the company's commitment to sustainability, which begins during the exploration phase and lays the groundwork for responsible growth. As an exploration company, Forte is focused on implementing strategic measures to manage and mitigate environmental impacts as it progresses. Furthermore, the report underscores Forte Minerals' so...

–News Direct– Tower Resources Plc Chairman and CEO Jeremy Asher joined Steve Darling from Proactive to share significant updates regarding the company's operations in Cameroon. Tower Resources has received formal notification from the Minister of Mines, Industry, and Technological Development in Cameroon regarding the extension of the First Exploration Period of the Thali production-sharing contract until 2025. Asher explained that the company's primary obligation during this extended period is the drilling of a single well, which Tower intends to fulfill through the drilling of the NJOM-3 well. Tower Resources is actively engaged in discussions with multiple parties regarding asset-level financing for the NJOM-3 well. The company has already contracted the Norve jack-up ...