Markets

The Hashgraph Association and Inacta Ventures launch $50 million Sustainability Venture Studio under The Green Block Initiative

Zurich, June 12th, 2024 – The Hashgraph Association, a Swiss-based association and leader at the forefront of digital enablement on the Hedera network, today announces the launch of a groundbreaking Sustainability Venture Studio for Enterprises, in collaboration with Inacta Ventures, a renowned Swiss and UAE Web3 venture builder. Under The Green Block Initiative, a global think tank and launchpad for sustainability projects launched during COP28 in UAE, the joint Sustainability Venture Studio aims at empowering sustainable projects around the globe, leveraging the Hedera Guardian as the balance sheet of the

SMC Announces Completion of Review of Form 10 by the Securities and Exchange Commission

Press Release | 06/10/2024 BOCA RATON, FL / ACCESSWIRE / June 10, 2024 / SMC Entertainment, Inc. ("SMC" or the "Company") (OTC:SMCE), a versatile technology incubator company focused on acquisition and support of proven commercialized financial services and technology (Fintech) companies, is pleased to announce the completion of its review of Form 10 by the Securities and Exchange Commission ("SEC"). SMC filed its initial Form 10 in June 2023. This completion of the review marks a momentous milestone and solidifies SMC as a fully reporting public company. This completion of

SMC Enters into Acquisition Agreement to Purchase 100% of the Assets of ChainTrade Ltd. Launches AI-Powered Research Platform.

Boca Raton, FL - June 7, 2024 - SMC Entertainment, Inc. ("SMC" or the "Company") (OTC: SMCE), a versatile incubator company focused on acquisition and support of proven commercialized financial services and technology (Fintech) companies, is excited to announce the launch of the Chaintrade AI powered research platform and that the Company has entered into an Acquisition Agreement to acquire 100% of the assets of ChainTrade Ltd.’s AI-powered Trading Platform (the “Platform”). The closing of the Acquisition is pending the completion of customary due diligence, which is expected to be

SMC Announces LOI to Acquire Chaintrade LTD.

  Boca Raton, Florida – May 8, 2024 – SMC Entertainment, Inc. (“SMC” or the “Company”) (OTC: SMCE), an incubator company focused on acquisition and support of commercialized financial services and technology (Fintech) companies, is excited to announce they have signed an LOI to acquire Chaintrade LTD, an AI Fintech company. Chaintrade has developed an AI Powered Asset Trading Platform that allows users to trade any Equity, ETF, Commodity, and Index with the support of a personalized AI Powered trading assistant SMC has agreed to acquire the platform and looks

SMC Announces Marketing Agreement with Plato Technologies. Inc.

  BOCA RATON, FL / Plato / Amplifi / April 18,2024 / SMC Entertainment, Inc. ("SMC" or the "Company") (OTC PINK: SMCE) SMC / (PINK:SMCE) is pleased to announce a marketing agreement and collaboration with Plato Technologies Inc. Plato Technologies specializes in AI content disruption and AI management systems. The collaboration will enable the Company to market Plato's platform directly to web and content development teams. The companies have agreed on a revenue sharing agreement after deducting individual client acquisition costs. "This is just the beginning." stated Erik Blum CEO

Soft2Bet inaugurates new offices in Malta

The new Malta office will enable Soft2Bet to welcome more team members and handle its corporate expansion in the best conditions Soft2Bet, a leading casino and sportsbook operator and platform provider, announces an important growth milestone - the official opening of its new offices in The Quad Central business center, one of Malta’s latest and most modern business complexes. Situated in the centre of the island, Soft2Bet’s new office was officially inaugurated on 28 March in the presence of the Hon. Silvio Schembri, Malta's Minister for Economy, Enterprise and Strategic

Andy Cheung Unites Former Binance, OKX, Celsius, Betfair Veterans to Launch AI-Powered Prediction Market

HONG KONG, Apr 11, 2024 - (ACN Newswire) - As the crypto world braces for the biggest bull run in history in advance of Bitcoin halving, PredicXion, an innovative financial platform sets to revolutionize the crypto market by integrating AI to navigate and capitalize on the information-rich landscape of 2024. Steering this venture is Andy Cheung, alongside a team with roots in industry giants such as OKX, Binance, Huobi, Celsius, and Betfair. With AI at its core, PredicXion is not merely a platform; it's a comprehensive ecosystem designed to cater

Moxy.io Welcomes Former UBS CFO Thomas Gustinis to Its Executive Team and to the board of the Moxy Foundation

Zug, Switzerland – Moxy.io proudly announces the appointment of Thomas Gustinis, a key figure in treasury management of UBS, as its previous Global Chief Financial Officer. This landmark hire underscores Moxy.io’s ambition to fortify its leadership team with unparalleled financial expertise and vision, propelling the company towards new horizons in the competitive blockchain and gaming industries. Thomas Gustinis brings to Moxy.io a storied career in global finance, having helmed UBS's treasury operations, where he was instrumental in steering the banking giant through complex financial landscapes and maximizing operational efficiency and

Crypto.com’s Dubai Entity Receives Full Operational Approval

Crypto.com Exchange for Institutional Investors Launches as First Operational Milestone April 9, 2024, Dubai - Crypto.com, trusted by more than 80 million customers worldwide and the industry leader in regulatory compliance, security and privacy, announced today that its Dubai entity, CRO DAX Middle East FZE, has received full operational approval from Dubai’s Virtual Assets Regulatory Authority (VARA) and is launching the Crypto.com Exchange for institutional investors as its first operational milestone. This operational approval follows Crypto.com’s fulfillment of the pre-operational conditions stipulated in the Virtual Asset Service Provider Licence granted

Understanding Currency Pairs and Exchange Rates

In a world defined by financial transactions, understanding the mechanics of exchange rates becomes crucially necessary. At the heart of these exchange rates are currency pairs, which form the cornerstones of the global forex trading system. What is a Currency Pair? A currency pair essentially involves two currencies. Without two currencies, we simply don't have enough information to establish an exchange rate. When you think about it, the exchange rate is nothing but a reflection of the price of one currency in terms of another. Each currency pair involves a

Short Trading: A comprehensive analysis of the controversial strategy and an in-depth analysis of how investors make money from market declines

Short trading is a strategy in which investors make money by taking advantage of predictions that a stock or other asset is expected to fall. The process involves borrowing shares and selling them immediately in the hope of buying them back at a lower price once their price drops, profiting from the difference between the selling and buying prices. Simply put, short trading is a way for investors to make profits through expected negative changes in the market. The Historical Origins of Short Trading The idea of ​​short trading can