News Hub | News Direct

All Industries


Article thumbnail News Release

Trump Gives Crypto A Boost – Here’s How BitFuFu Could Benefit

Benzinga

By Meg Flippin Benzinga Bitcoin, blockchain and digital tokens are having a moment, and President-elect Trump is a big part of the reason. Ever since Trump won the U.S. presidential election, Bitcoin prices have soared. On the day of Trump’s victory, Bitcoin hit a new high of $75,358, and it hasn’t looked back, hitting $100,000 in December 2024 and recently hitting an intra-day high of $102,750. Bulls predict a continued rise in price after Trump takes office. The euphoria around Trump’s win lifted the overall crypto market as optimism grew that there would be a more favorable cryptocurrency policy with the new administration, with analysts at one Wall Street investment bank putting the odds of Trump creating a Bitcoin reserve in 2025 at 60%. These factors have led many market watchers to be optimistic about continued good times for crypto. All of this has ushered in a new growth cycle for cryptocurrencies, one that BitFuFu (NASDAQ: FUFU), a global leader in Bitcoin mining and comprehensive mining services, is taking advantage of and preparing for with its 1GW Global Capacity Expansion Plan, which the company said will lead the platform and its users to a new era of efficient mining. BitFuFu’s 1GW Global Capacity Expansion Plan is aimed at adding 1GW of capacity by the end of 2026. To meet that goal, the company has been busy acquiring mining farms, purchasing mining machines and improving the operating capacity of its existing mining farms. In December, BitFuFu announced that it was evaluating approximately 700 MW of potential projects as it moves toward its 1GW capacity increase goal. As of December 31, 2024, the company had 551 MW of mining capacity and nearly 600,000 registered cloud mining users putting BitFuFu squarely in a global leadership position. More recently, BitFuFu signed a deal with BITMAIN, the largest digital asset mining hardware manufacturer, to purchase up to 80,000 S-series miners and to rapidly expand mining infrastructure globally with a target of adding 1 GW in capacity by the end of 2026. Trump’s Crypto Cheerleading It makes sense that cryptocurrency is having a moment and that BitFuFu could be poised to benefit. In July 2024, Trump announced that he would list Bitcoin as a strategic reserve asset of the United States and since then, the cryptocurrency industry has generally experienced growth. BitFuFu’s stock price and market capitalization of BitFuFu have been on an overall upward trend in the half year following Trump’s announcement. In November, Wall Street firm H.C Wainwright initiated coverage of BitFuFu with a “buy” rating and price target of $7.00. During the run-up to the election, Trump vowed to make the U.S. the leader in crypto, indicating he preferred regulators that supported minimal regulation of the crypto industry. The incoming president had previously said he would get rid of Gary Gensler, the current Securities Exchange Commission Chairman. Critics blame Gensler for stifling innovation in the crypto market with his hard stance on the industry. Gensler beat Trump to the firing, announcing he would step down on January 20, 2025, paving the way for Trump to name a more crypto-friendly chairman. Congress is also expected to be more pro-crypto under a Trump administration. All of this is good news for crypto investors, trading platforms and miners like BitFuFu. Under Trump’s presidency, Bitcoin could possibly continue to set record highs, Bitcoin ETFs may lure more everyday investors to the market, and friendlier legislation could spur innovation and growth. This newfound attention could drive demand for digital assets and, thus, move the price of Bitcoin and other cryptocurrencies higher – potentially lifting all the players in the ecosystem. Leading Global Position in Cloud Mining BiFuFu reports it is already seeing rapid growth as it cements itself as a leader in the cryptocurrency space. In BitFufu's December 2024 Production and Mining Operations Update, the company reported that its cloud-mining registered user base has seen remarkable growth. As of December 31, 2024, the number of registered users reached 591,751. Compared with 455,764 as of September 30, 2024, registered users grew nearly 30% over the three-month period. BitFuFu reports that it now leads globally in cloud-mining user scale and growth rate, showing that more users are actively participating in the digital economy. BitFuFu has been steadily strengthening its capabilities as a mining service platform. Currently, its total hashrate stands at 23.5EH/s with hosting capacity of 551 MW up from 11.1 EH/s and 336 MW at the end of 2022. Additionally, BitFuFu has launched services such as mining pools and software. By integrating miners, hosting, mining pools and software services, BitFuFu provides users with a one-stop mining experience, enabling them to easily participate in the digital economy and share in the profits. BitFuFu plays a multifaceted role in the crypto mining scene offering a user-friendly mining platform as well as self-mining. As of December 31, 2024, BitFuFu reported that it held 1,720 Bitcoins, one of the largest BTC holdings of any public mining company and positioning it well in the evolving digital currency market. Positioning For Growth Unlike traditional miners such as MARA Holdings (NASDAQ: MARA) that focus primarily on self-mining and holding BTC, BitFuFu engages in both self-mining and cloud mining, which provides the company with greater flexibility and reduced volatility in an unpredictable market. The cloud-mining business, in which BitFuFu rents its hash rate to customers for a specified period of time ranging from 30 days to 360 days, provides BitFuFu with a more stable source of cash flow despite the volatility in the price of Bitcoin. This is due to the fact that BitFuFu receives payment up front and effectively locks in revenue at the prevailing price of Bitcoin. So, even if the price of Bitcoin declines, BitFuFu has already been paid. This cash flow fuels the company's development. BitFuFu has adopted a smart strategy to dynamically shift the amount of hash rate allocated between cloud-mining and self-mining. Given BTC's price volatility, rather than hoarding or dumping, BitFuFu sells more hash rate (cloud-mining) when the price of BTC is high and buys or self-mines when the price of BTC is low. This way, BitFuFu reports it adeptly copes with market changes, maximizes overall returns and rides out BTC's bull and bear cycles. The benefits of this strategy seem to be evident based on BitFuFu’s financial results in the past few quarters. In the third quarter, BitFuFu reported revenue of $90.3 million, up 47.5% year-over-year, and posted adjusted EBITDA of $5.8 million. The quarter marked the first full three months following the Bitcoin halving event in late April, which reduced the Bitcoin block subsidy to 3.125 Bitcoin per block from 6.25, so the quarter was challenging for Bitcoin miners due to the reduced reward. “I am proud to say that the third quarter of 2024 is the 11th consecutive quarter BitFuFu has generated positive adjusted EBITDA,” said BitFuFu’s Lu. “This consistency demonstrates the profitability and resilience of our business model, regardless of whether the price of Bitcoin is in a bear market or bull market.” Among mining companies, only two have achieved consistent revenue growth over the past three years: CleanSpark Inc. (NASDAQ: CLSK) and BitFuFu. With Q3 2024 revenue of $90.3 million and a cumulative revenue of $364 million for the first three quarters of 2024, BitFuFu stands as the third-largest mining company globally, following MARA Holdings and Core Scientific Inc. (NASDAQ: CORZ), reports BitFuFu. Both of its larger rivals reported a net loss for Q3 2024. To boost hash power and cut electricity costs, BitFuFu is aggressively looking for premium power sources to acquire or partner with around the globe for. Here are the latest developments: Dec. 2024:33 MW Capacity in the U.S. Oct. 2024: 80 MW mining site in Ethiopia BitFuFu’s strategic investments in vertical integration, securing long-term hash rate and expanding its geographic footprint seem to be paying off. The company reports it has a strong and growing user base and a leading position in the cloud mining market just as Bitcoin and other cryptocurrencies are expected to take off under incoming president Trump. With its 1GW Global Capacity Expansion Plan underway, BitFuFu plans to lead the platform and its users to a new era of efficient mining. Featured photo by Scottsdale Mint on Unsplash. Benzinga is a leading financial media and data provider, known for delivering accurate, timely, and actionable financial information to empower investors and traders. This post contains sponsored content. This content is for informational purposes only and is not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

January 21, 2025 08:35 AM Eastern Standard Time

Image
Article thumbnail News Release

News Direct Revolutionizes News Release Distribution with Launch of "News Direct Louder"

News Direct

Ne ws Direct, a pioneer in the modernization and digitalization of the newswire industry, in partnership with Louder.ai, the world’s first patented technology platform enabling text and multimedia to be turned into content seen by viewers across a multitude of key online media properties, today announced the launch of News Direct Louder, a transformative solution designed to amplify the visibility of, and engagement with, your news and multimedia content on major online news platforms. This groundbreaking service addresses longstanding challenges in content accessibility and performance metrics, offering clients unprecedented control over their communication strategies. Introducing News Direct Louder News Direct Louder is a first-of-its-kind solution that ensures your content achieves prominent display and delivers actionable engagement insights. With this new service, clients can: Guarantee Prominent Placement: Maximize visibility by securing prime positioning for your content on the world's most valuable and relevant online media properties. Track Engagement Metrics: Gain access to detailed performance data, allowing you to measure impact and refine your strategy. Reach Target Audiences Effectively: Deliver your message directly to the audiences that matter most on the platforms they rely on for news and information. The Problem: Visibility on Major Platforms While major online news sites attract more than 1 billion visitors per month, the visibility of individual releases on these sites remains a significant hurdle. Finding specific content directly on these platforms is notoriously difficult, leaving issuers with limited opportunities to gain visibility: Google Search – Content may rank highly, but it relies on the user’s ability to search using precise keywords or headlines. Direct Links – Links provided by newswires like News Direct are effective but limited to the audiences with which they are directly shared. Adding to these challenges, traditional newswires are unable to provide engagement metrics for content on these platforms. While there is undoubtedly value in the exposure placement on these sites provide, the lack of data specific to the performance of individual releases leaves a critical gap regarding how to determine the true ROI of such placements. Revolutionizing the Newswire Experience News Direct is committed to leveraging the most current available technology to transform the newswire industry. From streamlining workflows to enhancing the user experience, the platform’s innovations have consistently delivered exceptional value. News Direct Louder represents the next step in this journey, empowering clients with tools that prioritize transparency, visibility, and results. “At News Direct, we’ve always believed in challenging the status quo to deliver better outcomes for our clients,” said Gregg Castano, Founder and CEO of News Direct. “With News Direct Louder, we’re not just addressing visibility challenges —we’re redefining what’s possible in news and content distribution.” About Louder.AI Louder.ai Louder.ai is a patented, programmatic advertising technology platform that automatically distributes hyper-targeted public relations and investor relations campaigns across the Web, reaching any demographic, with optimized pricing per impression. Louder.ai also offers campaigns that can be instantly crowd-funded by viewers or shared to their social media accounts with the click of a mouse. About News Direct News Direct is a technology-driven content distribution and amplification platform for PR, IR, corporate communications and marketing professionals. Our automated platform delivers a completely reimagined, modernized user experience for newswire users that has reshaped the industry landscape. Additionally, the company has expanded its offerings to include an array of technology-enhanced message amplification tools ranging from sponsored content to podcasting products, all from a single online destination. Contact Details News Direct Corp. Media Relations +1 917-698-4131 getlouder@newsdirect.com Company Website http://www.newsdirect.com

January 21, 2025 08:30 AM Eastern Standard Time

Image
Article thumbnail News Release

How Pasofino Gold Is Leveraging Gold Potential In Mining-Friendly Liberia Through Its Scalable Project

Benzinga

By JE Insights, Benzinga While the hottest themes of the market often vary from year to year, one storied asset has stood as the ultimate benchmark for wealth: gold. Even in contemporary times, investors continue to turn to the precious metal as a vehicle for enhancing capital gains as well as a strong hedge against inflation. Of course, buying physical bullion presents many challenges, bringing mining enterprises like Pasofino Gold Ltd (TSX.V:VEIN) (OTC: EFRGF) into a particularly attractive light. Headquartered in Toronto, the Canadian exploration and production specialist focuses on Liberia, a predominantly English-speaking nation home to 5.3 million people. Thanks to a combination of a resource-rich environment, sustained political stability and a favorable regulatory framework, Pasofino says the West African republic represents a largely untapped golden frontier. As such, Pasofino secured a 100% ownership interest in the Dugbe Gold Project, located in southeastern Liberia. Fundamentally, one factor that generally appeals to investors interested in gold is accessibility. Unlike buying physical gold bullion, the securities of miners are easily available over the counter via broker-dealer networks. Additionally, investors don’t have to deal with associated hassles, such as storage and custodial protection. More importantly, Pasofino is an actual business, offering the prospect of additional returns beyond the rise of the underlying asset. In contrast, gold investment by itself requires collective speculation. Stated differently, there’s not much individuals can do to move the needle. However, with Pasofino, the exploration and development of untapped mines opens multiple possibilities. Just as importantly, investing in this company contributes directly to the Liberian economy, fostering a positive-sum game for all parties involved. Pasofino Gold’s Project Economics Typically, gold-mining enterprises are divided into four categories: exploration, development, production and reclamation. Pasofino predominantly operates within the development stage while preparing to advance toward production, which involves the extraction and processing of gold. The company also continues to explore additional targets within the 2,078-square-kilometer permit area of its Dugbe Gold Project. Quite often, what separates a purely speculative junior miner from a quality exploration and development specialist is the economic feasibility of the underlying project. Commonly, feasibility is defined as the confirmation of proven reserves and resources, key financial metrics such as net present value (NPV) and internal rate of return (IRR) and a clear path to production. These factors are exactly what contributes to Pasofino Gold’s position in the market. Right off the bat, Pasofino commands a strong reserve base of 2.76 million troy ounces (Moz), confirmed through drilling, sampling and feasibility studies. Better yet, thanks to the resource-rich environment, the company anticipates business upside through ongoing drilling targets and expansion initiatives. The potential for expansion is notable as the majority of targets within the Dugbe project have yet to be drilled. Second, Pasofino leverages promising financial metrics. Primarily, the company boasts a pre-tax NPV of $506 million assuming a spot gold price of $1,700 per troy ounce. This metric means that if the yellow metal maintains the aforementioned price, the Dugbe Gold Project should generate $506 million in profit (before taxes) over its lifetime. What’s more, management estimates that at $2,500 gold, Pasofino’s pre-tax NPV could soar to $1.52 billion. Finally, regarding project economics, the developmental specialist offers a tangible blueprint for production. Beyond the five targets at Dugbe that have been drilled to date, the gold miner still has 15 additional high-priority targets left to drill, translating to high deposit scalability. Furthermore, the vast size of the permit area offers the potential for new deposits, all within trucking distance of the planned processing plant to be built on the project site. Strategic Location And Operational Advantages Another advantage that Pasofino Gold possesses compared to many traditional gold miners is its foothold in Liberia. Known for its rich mineral reserves, Liberia enjoys a long-standing history of mining operations. As one of Africa’s oldest modern republics, the country has nurtured a mining-friendly environment backed by political stability and a pro-business regulatory framework. This dynamic aims to create an attractive jurisdiction for development, especially within the lucrative Birimian gold belt, which the company reports is one of the world’s most productive gold-bearing regions. The Dugbe Gold Project itself benefits from an advantageous logistical setup. Located just 76 kilometers from the Greenville port, Pasofino reports the project site enables cost-effective transportation of materials and supplies. This proximity also minimizes the logistical challenges associated with developing and maintaining large-scale mining operations. In addition, Pasofino’s infrastructure plans include liquified natural gas (LNG)-powered energy generation, with solar offsets ensuring sustainable operations. These initiatives not only drive down operational costs but also align with broader environmental, social and governance (ESG) objectives – a growing priority for global investors. From a mining operations perspective, Pasofino Gold reports that it employs modern, efficient techniques designed to maximize output and minimize costs. A critical element of this strategy is the development of two open pits strategically located four kilometers apart. This setup allows for concurrent mining operations, significantly boosting production rates and ensuring a steady flow of ore to the processing plant. A standout feature of the Dugbe Gold Project is its low strip ratio of 3.52:1 during the early years of operation. In mining, the strip ratio refers to the amount of waste material that must be removed to extract a given quantity of ore. A ratio of 3.52:1 means that for every 3.52 tonnes of waste, one tonne of ore is mined. This is considered favorable because lower strip ratios indicate less waste removal, directly translating to lower mining costs and improved efficiency. In turn, Pasofino effectively reduces both capital expenditures or the upfront costs tied to mine development and operational expenditures, the common term for the ongoing costs of running the mine. This combined positive impact enhances overall profitability and helps position Pasofino for higher margins out of the gate, says the company. Experienced Leadership And Optimized Development Plan Beyond the numbers and infrastructure, a significant element that adds to Pasofino’s position is the strength of its leadership team. After all, gold – as attractive as it may be – still represents a commodity. The people running the show matter to distinguish a company from the crowd. The company is led by CEO and Executive Director Brett Richards, an industry expert bringing an abundance of operational knowledge and strategic vision to the table. Commanding over 37 years of experience, Richards has held head executive roles for multiple mining firms, along with board positions at several public companies. In particular, his acumen in building out mining projects and conducting mergers and acquisitions is an important factor for the company. Moreover, the team’s forward-thinking approach is evident in Pasofino’s ongoing optimization studies. While Pasofino reports the Dugbe Gold Project’s feasibility study already boasts impressive economics, management continues to explore avenues for further improvement. These efforts include metallurgical enhancements aimed at increasing gold recovery rates from the current 83% to closer to 90%. Even a modest 2% improvement in recovery rates could significantly boost the project’s NPV. Additionally, Pasofino’s commitment to responsible mining practices underscores its long-term viability. The company actively engages with local communities, providing employment opportunities and supporting developmental initiatives. By fostering strong relationships with local stakeholders, Pasofino ensures smoother project execution while contributing to Liberia’s economic growth. The Next Gold Frontier? Pasofino Gold offers investors exposure to a development-ready project with scalability potential and established infrastructure. Specifically, the Dugbe Gold Project seeks to offer the potential for long-term growth through resource expansion and efficient operations in one of West Africa’s most promising gold regions. With low-cost mining, proximity to key infrastructure and a growing reserve base, Pasofino aims to balance the stability of a well-defined project with the upside of a significant untapped gold belt. This combination of measured progress and scalability potentially positions the company to capitalize on rising gold demand. Pasofino Gold highlights the qualities that define a serious exploration and development specialist – a focus on execution, expansion potential and a pathway to profitability – making it a project worth following closely. Featured photo by Csaba Nagy on Pixabay. Benzinga is a leading financial media and data provider, known for delivering accurate, timely, and actionable financial information to empower investors and traders. This post contains sponsored content. This content is for informational purposes only and is not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

January 21, 2025 08:30 AM Eastern Standard Time

Image
Article thumbnail News Release

Gala Launches Revolutionary App for GLP-1 Medication Management, Serving Over 20,000 Patients

Rev Up Marketers

Gala introduces a groundbreaking digital health platform that simplifies the management of GLP-1 medications including Ozempic, Mounjaro, and Zepbound. The innovative app combines advanced tracking capabilities with personalized insights, creating an essential tool for individuals managing weight loss or diabetes through GLP-1 treatments. Understanding that GLP-1 therapy success relies heavily on consistent management and informed decision-making, Gala GLP1 Tracker has developed a comprehensive solution that addresses the everyday challenges faced by patients. The platform features an advanced medication tracking system, eliminating traditional manual logging methods, while providing tailored recommendations based on individual symptom patterns and treatment responses. "We recognized that patients needed more than just a tracking tool – they needed a comprehensive support system that evolves with their treatment journey," explains Javi d'Erausquin, Co-Founder of Gala. "Our platform empowers users with both the practical tools and knowledge they need to navigate their health journey effectively." The app's feature set includes: Precise medication tracking and injection logging Personalized symptom management recommendations Comprehensive educational resource library Intuitive progress monitoring tools Smart reminders and scheduling assistance Fede Buldin, Co-Founder of Gala, emphasizes the platform's transformative approach: "By simplifying complex treatment protocols into manageable daily actions, we're helping patients achieve better outcomes while reducing the stress often associated with GLP-1 treatments." Looking ahead, Gala GLP-1 plans to expand its services with a direct medication purchasing feature, further streamlining the treatment experience for users. This addition will establish Gala as a complete ecosystem for GLP-1 therapy management, from medication access to daily treatment support. About Gala Based in San Francisco, Gala has emerged as a leader in digital health solutions, supporting over 20,000 patients in their GLP-1 treatment journeys. Through its innovative combination of technology and healthcare expertise, Gala continues to advance the standard for personalized medical management tools. The company's commitment to user-centric design and practical functionality positions it at the forefront of the digital health revolution, making complex medical treatments more accessible and manageable for patients worldwide. Contact Details Gala GLP-1 Javi D'Erausquin team@gala.coach Company Website https://galaglp1.com/

January 21, 2025 06:39 AM Eastern Standard Time

Image
Article thumbnail News Release

TRON and Wintermute Further Strategic Collaboration

Wintermute

London, January 20, 2025 - Wintermute is proud to strengthen its collaboration with TRON DAO, a leader in decentralized blockchain technology. This collaboration seeks to enhance liquidity and trading efficiency within the TRON ecosystem by leveraging Wintermute’s expertise in providing liquidity for TRX, the native utility token of the TRON blockchain. By supporting major TRX trading pairs across various exchanges, Wintermute is streamlining a more seamless trading experience, making it easier for new users to join and engage with the TRON ecosystem. Wintermute’s Role in the Collaboration: Market Coverage: Provides coverage across centralized and decentralized exchanges, fostering competitive spreads in all market conditions. Market Analysis: Offering insights on market conditions to help create a sustainable liquidity model. Ecosystem Support: Assisting in the growth and development of TRON’s DeFi ecosystem. Strategic Role: OTC partner for TRX, USDT, USDD (TRON’s native overcollateralized decentralized stablecoin), and tokens such as TRUMP, MELANIA, and more. By reducing market volatility and lowering barriers for participants, Wintermute enables a more efficient trading experience for users, minimizes slippage, and supports the ecosystem’s overall stability. Moshe Shen, Business Development and Partnerships Director at Wintermute, said: “At Wintermute, we are focused on integrating with the leading ecosystems across crypto and our partnership with TRON DAO is a natural extension of those efforts. We are excited to continue working together to deliver reliable liquidity and OTC trading solutions that support the ecosystem’s growth and sustainability.” Sam Elfarra, a TRON Community Spokesperson, spoke to the growing potential of blockchain technology, stating: "Together with Wintermute, TRON is setting new standards for accessibility in DeFi. Wintermute’s expertise in liquidity provisioning will continue to strengthen the TRON ecosystem, ensuring seamless access and efficiency for users worldwide.” This strengthened collaboration between Wintermute and TRON DAO underscores a shared commitment to advancing the blockchain ecosystem through innovation, efficiency, and accessibility. About Wintermute Wintermute is a global algorithmic trading firm, liquidity provider, and leading OTC desk in digital assets. With billions in average daily trading volume, Wintermute offers OTC trading and provides liquidity across 60+ centralized and decentralized exchanges. Wintermute is an active player in the ecosystem, invests in early-stage Web3 projects, and supports traditional financial institutions moving into crypto. Web | X | LinkedIn Contact Kaja Ribnikar For media enquiries: media@wintermute.com For trade enquiries: trade@wintermute.com About TRON DAO TRON DAO is a community-governed DAO dedicated to accelerating the decentralization of the internet via blockchain technology and dApps. Founded in September 2017 by H.E. Justin Sun, the TRON blockchain has experienced significant growth since its MainNet launch in May 2018. Until recently, TRON hosted the largest circulating supply of USD Tether (USDT) stablecoin, exceeding $60 billion. As of December 2024, the TRON blockchain has recorded over 280 million in total user accounts, more than 9.2 billion in total transactions, and over $21.4 billion in total value locked (TVL), based on TRONSCAN. TRONNetwork | TRONDAO | X | YouTube | Telegram | Discord | Reddit | GitHub | Medium | Forum Media Contact Yeweon Park press@tron.network Contact Details Kaja Ribnikar media@wintermute.com

January 20, 2025 02:30 PM Eastern Standard Time

Image
Article thumbnail News Release

Orlando Predators Announce Partnership with Eric “Ruebx Qube” Neal as Stadium Entertainment Executive Producer for 2025 Season

Orlando Predators

Orlando, FL – January 20, 2025 ( ThriveNewsWire )– The Orlando Predators, a proud member of the Arena Football One, are thrilled to announce a groundbreaking partnership with Eric “ Ruebx Qube ” Neal, who will serve as the Stadium Entertainment Executive Producer for the 2025 season at the KIA Center. Neal’s nearly two decades of experience in the music and entertainment industry promise to revolutionize the game-day experience with his innovative vision and expertise. This announcement comes on the heels of Martin Luther King Jr. Day, a time when the nation reflects on the power of leadership and the importance of community. With this spirit in mind, the Orlando Predators are making their own bold statement, ushering in a new era of entertainment and fan engagement under Neal’s creative direction. As the nation prepares for President Trump’s second inaugural address, the Orlando Predators make their own transformative move by bringing Neal on board. His illustrious career, which includes collaborations with global music icons and brands like Guess by Marciano, ensures that the fan experience will reach new heights of creativity and excitement. Introducing the Executive Mezcal Halftime Show A highlight of this partnership is the launch of the Executive Mezcal Halftime Show, named after Neal’s luxury mezcal brand. This signature event will feature high-energy live performances, cutting-edge visuals, and interactive fan engagement, showcasing some of the biggest names in entertainment and setting a new standard for halftime shows in arena football. Streaming live on Amazon’s Prime Video Live TV. Statements from Leadership “We are thrilled to partner with Eric Neal and bring his creative brilliance to the Orlando Predators,” said John Cheney, Owner. “His background in producing high-caliber events and his entrepreneurial spirit align perfectly with our commitment to delivering an exceptional fan experience.” "The owner, John Cheney, myself and our staff are always looking for innovative and exciting ways to make the Orlando Predators football games even more memorable for our fans, and we are excited that Eric is a big part of it moving forward" says Shawn Knapp, GM. Neal expressed his excitement about the partnership, saying, “I’m thrilled about this partnership, especially as a former football athlete. It’s an incredible opportunity to blend the high-energy excitement of arena football with world-class entertainment, bringing my journey full circle,” said Eric “Ruebx Qube” Neal. The Executive Mezcal Halftime Show will celebrate the best of sports, music, and community, and I’m honored to lead this exciting new era for the Predators.” Mark Your Calendars: First Home Game on March 14, 2025 The Orlando Predators’ 2025 season kicks off at the KIA Center on Friday, March 14, 2025, promising fans an unforgettable experience. With thrilling games, dynamic halftime shows, and a fresh entertainment lineup, the Predators are set to deliver an unparalleled season of excitement. A New Era for the Orlando Predators With President Trump returning to office and the nation focused on transitions in leadership, the Orlando Predators are embracing their own shift in power by elevating the game-day experience through innovative entertainment. This collaboration with Eric “Ruebx Qube” Neal underscores the team’s dedication to delivering unmatched excitement both on and off the field. For media & corporate sponsorship partnerships inquiries, please contact: Paris K. LGND Enterprises LLC (407)734-3625 Lgndenterprises.com Media@lgndenterprises.com Orlandopredatorsfootball.com RuebxQube@orlandopredatorsfootball.com About the Orlando Predators The Orlando Predators are a professional arena football team known for their competitive spirit and dedication to delivering high-energy, family-friendly entertainment. Founded in 1991, the team boasts a storied legacy and a loyal fan base. Tickets for the 2025 season are available now at Ticketmaster.com Contact Details LGND Enterprises LLC Paris K. +1 407-734-3625 Media@lgndenterprises.com

January 20, 2025 09:00 AM Eastern Standard Time

Image
Article thumbnail News Release

RAAPID raises series A from M12, Microsoft Venture Fund to Transform Healthcare Risk Adjustment

Rev Up Marketers

RAAPID, a Louisville-based healthcare technology company, raised its Series A funding round from M12, Microsoft Venture Fund. The investment aims to expand the deployment of end-to-end AI-powered risk adjustment solutions in healthcare, addressing the challenge of processing unstructured medical data. RAAPID’s proprietary VisionAI technology ingests, normalizes, and converts structured and unstructured data into machine-readable, machine-understandable, and machine-consumable formats. This enables healthcare organizations to better manage prospective risk adjustment and value-based care initiatives. The AI-powered solution streamlines both pre-visit analysis and retrospective reviews, helping organizations optimize their risk adjustment programs. The company reports its technology can reduce chart review time by over 60% while maintaining 95% coding accuracy. The investment comes when healthcare organizations increasingly seek solutions to manage risk in value-based care arrangements. RAAPID's technology serves organizations participating in Medicare Advantage, ACA, Medicare ACO, and health systems. "This investment from Microsoft validates our mission to transform risk adjustment in healthcare through purpose-built AI technology," said Chetan Parikh, Founder and CEO of RAAPID. "Working with Microsoft's venture arm will accelerate our ability to dramatically impact the inherent inefficiencies of unstructured clinical records within risk adjustment to liberate more payers and healthcare organizations to accurately capture patient risk and improve the timeliness of clinical care- the foundation of value-based care." The platform's capabilities address a significant industry challenge, as more than 70% of medical records are currently only available as human-readable unstructured data. This format often leads to coding errors and inconsistent capture of reimbursement information. RAAPID's solution integrates with existing electronic health record systems, focusing on improving operational efficiency in data processing and analysis. The company's technology aims to enhance coding compliance, reduce errors, and optimize return on investment for healthcare organizations. The healthcare technology sector has seen increased interest from venture capital firms, particularly in solutions that address the growing adoption of value-based care models. This investment signals continued momentum in developing AI healthcare administration and risk management applications. M12 (Microsoft Venture Fund), which focuses on enterprise software companies emphasizing applied AI and business applications, adds RAAPID to its portfolio of healthcare technology investments. The venture fund's backing includes access to Microsoft's broader ecosystem, which could accelerate RAAPID's market expansion in the healthcare risk adjustment space. Contact Details RAAPID INC Mayur Vyas marketing@raapidinc.com Company Website https://www.raapidinc.com/

January 18, 2025 05:49 AM Eastern Standard Time

Article thumbnail News Release

Merit Teacher Introduces Innovative Solutions in Career Counseling, Psychometric Testing, and DMIT Services

Rev Up Marketers

Merit Teacher, a leader in educational and career development solutions, is proud to announce the expansion of its services to include cutting-edge career counseling, psychometric testing, and Dermatoglyphics Multiple Intelligence Testing (DMIT) under the visionary leadership of Mrs. Priyanka Swain. With a mission to empower individuals through personalized education and career guidance, Merit Teacher is setting a new standard in holistic learning and personal development. This corporate milestone marks a strategic step forward in addressing the diverse needs of students, professionals, and educators. Through advanced methodologies and tailored programs, Merit Teacher reaffirms its commitment to fostering growth and unlocking potential. Merit Teacher empowers individuals through career counseling, psychological services, and skill-building initiatives. Services include the Dermatoglyphics Multiple Intelligence Test (DMIT), which identifies innate talents and strengths to guide effective career paths, and psychometric testing, offering insights into personality, aptitude, and career alignment. Merit Teacher also provides comprehensive programs in spoken English and public speaking, aimed at building confidence, articulation, and communication skills. Moreover, Merit Overseas offers a wide range of services designed to empower individuals and organizations through specialized divisions. By providing personalized counseling, application guidance, and expert advice for students aspiring to study abroad, this service streamlines the global education journey, ensuring a seamless experience for learners. Additionally, HRDynamo specializes in recruitment and corporate training solutions tailored to help organizations thrive. By identifying top talent and fostering professional growth, HRDynamo delivers end-to-end recruitment services and dynamic training programs. These programs are designed to enhance workplace skills, leadership capabilities, and team performance. “Our goal is to empower individuals with the tools, knowledge, and confidence they need to succeed in life. By expanding our services, we aim to meet the unique challenges of a fast-changing world and support our clients every step of the way,” said Mrs. Priyanka Swain, CEO of Merit Teacher. Merit Teacher excels in education and career development through innovation, scientific rigor, and personalized solutions. With services like psychometric testing and DMIT, backed by experienced professionals, it offers expert guidance to students, professionals, and educators. As a one-stop solution, Merit Teacher empowers personal and professional growth. About Mrs. Priyanka Swain: Mrs. Priyanka Swain’s impressive qualifications, including a BA in Psychology, Economics, and Sociology, an MSc in Psychology, and advanced certifications such as CIDTT and a Clinical Psychology program, showcase her dedication to learning and development. With expertise in education, recruitment, and professional training, she delivers innovative and impactful solutions. About Merit Teacher: Merit Teacher’s expanded services cater to a diverse audience, from school students to working professionals and educators. Whether it’s identifying the right career path, building confidence through public speaking, or enhancing teaching methodologies, Merit Teacher offers solutions that drive meaningful change. By staying at the forefront of educational innovation, the company can adapt its offerings to evolving needs, ensuring relevance and effectiveness. https://maps.app.goo.gl/cr434q6kej9XnCCg6?g_st=ac Contact Details Merit Teacher and Merit Overseas Mrs. Priyanka Swain priyanka@meritteacher.com Company Website https://www.meritteacher.com/

January 18, 2025 05:24 AM Eastern Standard Time

Image
Article thumbnail News Release

BTCS Is In Expansion Mode, Utilizing Rocket Pool To Potentially Boost Revenue By Up To 10%

Benzinga

by Meg Flippin Benzinga BTCS Inc. (NASDAQ: BTCS), a blockchain infrastructure and technology company currently focused on driving scalable revenue growth through its Ethereum blockchain infrastructure operations, deployed its Scaled Validator Implementation Plan this week, which the company says should boost vertically integrated validator revenue by 10%, improve margins and enhance its position in the sector. “This initiative represents a pivotal step toward our goal of scaling blockchain infrastructure to drive revenue growth,” said Charles Allen, CEO of BTCS. “Our comprehensive approach ensures we prioritize security, compliance and performance at every stage. This initiative underscores our dedication to enhancing our operations while delivering value to our shareholders.” Rocket Pool For The Win The Scaled Validator Implementation Plan details BTCS’s strategy to leverage Rocket Pool, a decentralized Ethereum-based liquid staking protocol, to expand its validator operations. Over the past five months, BTCS conducted an extensive due diligence process to assess Rocket Pool’s auditability, compliance, risk factors and overall infrastructure integrity. This strategic approach enables BTCS to access more blockspace and unlock additional revenue opportunities through Rocket Pool’s liquid staking protocol. By integrating this scalable solution, BTCS aligns with its mission to drive sustainable growth and enhance its position in Ethereum innovation. Ethereum is a decentralized, open-source platform powered by blockchain technology, designed to enable the creation and execution of smart contracts and decentralized applications (dApps). As a global, programmable infrastructure, Ethereum serves as the foundation for a wide range of use cases, transforming industries such as finance, gaming and more. Users rely on companies like BTCS, which operate builders and validators, to ensure their transactions are securely confirmed and added to the blockchain. No Stranger To Blockchain BTCS, which came on the scene in 2014, reports that it is a pioneer in the blockchain technology space and claims to be the first U.S. publicly traded company focused on next-generation blockchain infrastructure. BTCS says its sharp focus on blockchain infrastructure sets it apart from other blockchain, crypto and Bitcoin-focused companies, giving investors access to a pure play. “Our primary objective is to fuel scalable growth by expanding into various business lines that capitalize on and integrate with our foundational and robust blockchain infrastructure operations,” the company states on its website. In 2021 BTCS shifted its focus to Ethereum, the second-largest blockchain, and began operating validator nodes. Early last year, BTCS expanded its business into Ethereum block building with the introduction of Builder+. In a blockchain network, a validator node is a software that verifies and confirms the legitimacy of transactions before they can be added to the blockchain. Validator nodes are responsible for ensuring the security and integrity of the network by making sure the transaction adheres to the protocol rules and isn’t fraudulent. Validators are rewarded if they confirm legitimate transactions but can be penalized and lose staked tokens if they violate network protocols or are offline. Scaled Validator Node Operations Expanding BTCS’ Scaled Validator Implementation Plan included a thorough assessment of auditability, compliance, cybersecurity, infrastructure integrity and potential business risks and rewards. The aim was to ensure a secure and scalable validator implementation. As part of its review, BTCS said it completed a pilot program, which now expanded to 320 validators participating in Rocket Pool’s liquid staking pool, bringing its total validator count up to 522 from the previously disclosed 240. This marks a significant step in expanding the company’s validator node operations, reports BTCS. Based on an internal analysis, BTCS projects vertically integrated validator revenue increases of up to 10%, which it says will boost its position in the sector. The aim of the Validator Implementation Plan is to optimize the number of active validators and increase total revenue, reinforcing BTCS’s commitment to scaling operations efficiently and maximizing profitability, the company said. Besides Ethereum, BTCS operates validator nodes on other proof-of-stake and delegated proof-of-stake networks, and the company plans to broaden its validator partnerships and also diversify its technology providers to support long-term growth. By securing various other blockchain networks, BTCS earns revenue through validator fees, offering what the company describes as substantial growth potential. “I firmly believe that Ethereum infrastructure—focused on block-building and validation— presents the most compelling growth opportunity I’ve ever witnessed in the crypto space, surpassing even the early days of Bitcoin mining in 2017,” wrote Allen in a recent letter to shareholders. “Ethereum block-building and validation offers exceptional revenue growth potential without high capital constraints. Going forward we aim to be the leading Ethereum blockchain infrastructure company and are currently the only pure-play, publicly traded company focused on this strategy.” Featured photo by Traxer on Unsplash. This post contains sponsored content. This content is for informational purposes only and is not intended to be investing advice. Benzinga is a leading financial media and data provider, known for delivering accurate, timely, and actionable financial information to empower investors and traders. This post contains sponsored content. This content is for informational purposes only and is not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

January 17, 2025 08:35 AM Eastern Standard Time

Image
12345 ... 3801