Platform – CryptoFinance7

MicroStrategy Announces Decentralized ID Platform On Bitcoin Called MicroStrategy Orange

admin3 weeks ago04 mins

MicroStrategy revealed its latest innovation today, a decentralized identity (ID) platform built on the Bitcoin network, named MicroStrategy Orange, at the MicroStrategy World: Bitcoin for Corporations 2024 event. JUST IN: MicroStrategy launches an enterprise platform for building decentralized identity applications on #Bitcoin — MicroStrategy Orange 👀 pic.twitter.com/P5PXz80kSD — Bitcoin Magazine (@BitcoinMagazine) May 1, 2024 “Today, I’d like to…

CrowdStrike: Platform Consolidation And Strong Fundamentals Should Boost Stock (CRWD)

admin3 weeks ago017 mins

Sundry Photography Introduction & Investment Thesis CrowdStrike (NASDAQ:CRWD) is a cybersecurity company that has outperformed the S&P 500 and Nasdaq 100 YTD. The company reported its Q4 FY24 earnings in March, where revenue and earnings grew 36% and 85.9% YoY, beating expectations. The company continues to drive new customer deals at a rapid pace while…

Pinterest Stock: Platform Strengths Becoming More Apparent (NYSE:PINS)

admin1 month ago014 mins

Chayantorn Pinterest (NYSE:PINS) is emerging from a difficult multi-year period, with solid user growth and revenue growth accelerating. Pinterest’s margins are also increasing, and the company will begin to generate meaningful cash flows over the next few years. Pricing remains a headwind, though, which is masking some of the improvements. The company’s share price is…

Veeva: Clinical Trial Platform Monopoly With Huge Untapped Opportunities (NYSE:VEEV)

admin2 months ago013 mins

JHVEPhoto Since I presented my ‘Strong Buy’ thesis for Veeva Systems (NYSE:VEEV) in June 2023, their stock price has surged by 21%. I discussed their data analytics and AI capabilities in the healthcare industry. They guide 15.5% revenue growth and 27% adjusted operating income growth for FY25. Veeva clinical platform connects clinical operations and data…

Propel Holdings: Next Level Lending Platform With Impressive Financials (TSX:PRL:CA)

admin2 months ago010 mins

VioletaStoimenova The Canadian AI-based lending services provider Propel Holdings (TSX:PRL:CA)(OTCPK:PRLPF) has had a great past year at the stock market, with a 125% increase in share price. The rise continues into this year, with a 21% increase year-to-date [YTD]. Underpinning this impressive uptick is the solid growth in its financials. Over the past three years,…

Vasta Platform Limited (VSTA) Q4 2023 Earnings Call Transcript

admin2 months ago029 mins

Vasta Platform Limited (NASDAQ:VSTA) Q4 2023 Earnings Conference Call March 20, 2024 5:00 PM ET Company Participants Marcelo Werneck – IRGuilherme Melega – CEO Cesar Silva – CFO Conference Call Participants Marcelo Santos – JPMorgan Maria Oliver – Bank of America Operator Good day, everyone and welcome to the Vasta Platform Fourth Quarter 2023 Financial…

EurekaBio Raises $40M To Support Lentiviral Vector Platform

admin2 months ago08 mins

BlackJack3D Deals and Financings Shenzhen EurekaBio closed a $40 million Series B+ funding to support the commercialization of its EuLV™ Lentiviral Vector Production System, a technology that the company believes could transform large-scale production of lentiviral vectors. The system is based on stable cell lines and a serum-free suspension system. Eureka believes its novel technology…

$30 billion RIA Platform Carson Group Approves To Offer Spot Bitcoin ETFs To Clients

admin3 months ago03 mins

Carson Group, a significant $30 billion registered investment adviser (RIA) platform, has recently announced its approval to offer four spot Bitcoin exchange-traded funds (ETFs) to its clients, according to a Bloomberg report. Out of the recent batch of US-listed spot Bitcoin ETFs, Carson Group has greenlit BlackRock’s iShares Bitcoin Trust, Fidelity Wise Origin Bitcoin Fund, Bitwise…

Palantir Stock Surges From Artificial Intelligence Platform (NYSE:PLTR)

admin3 months ago016 mins

Bloomberg/Bloomberg via Getty Images Palantir Technologies’ (NYSE:PLTR) Q4 earnings confirmed an acceleration in its US commercial business as it closed out its first GAAP profitable year. Shares are reflecting the optimism surrounding Palantir’s commercial segment and bottom line expansion, with shares up more than 47% YTD and nearly 280% since the start of 2023. We…

Precigen Stock: RRP Targeting With AdenoVerse Technology Platform (NASDAQ:PGEN)

admin4 months ago017 mins

fatido/E+ via Getty Images Precigen (NASDAQ:PGEN) is a biotech to keep an eye on because of its phase 1/2 study it is advancing using its lead immunotherapeutic vaccine known as PRGN-2012, which is being used to treat patients with recurrent respiratory papillomatosis [RRP] in an ongoing phase 1/2 trial. That’s because there has been several…

Quora Secures $75M Funding from Andreessen Horowitz to Boost AI Chat Platform Poe

admin4 months ago05 mins

The funding boost will accelerate Poe, Quora’s AI chat platform, as it carves a niche in the creator economy, allowing AI bot creators to monetize their efforts. Quora, the popular questions and answers platform, has successfully raised $75 million in funding from Andreessen Horowitz (a16z), marking its first funding round in nearly seven years. The…

IBM: Hybrid Platform & Solutions And Consulting Steer Ship After Kyndryl Spun-Off

admin5 months ago011 mins

David Ramos IBM (NYSE:IBM) separated its managed infrastructure services business to become an independent company named Kyndryl (KD). After the separation, IBM’s core growth is driven by its Hybrid Platform & Solutions and Consulting businesses. I expect it can generate 4-5% revenue growth going forward. I initiate with a ‘Buy’ rating and a fair value…

Trading Platform Thunder Terminal Faces $240K Exploit, Says Funds Are SAFU

admin5 months ago05 mins

Thunder Terminal successfully thwarted a $240,000 exploit targeting 114 wallets, ensuring user funds’ security. The incident involved an attacker gaining access to a MongoDB connection URL, executing withdrawals on behalf of users. The on-chain trading platform Thunder Terminal successfully thwarted a $240,000 exploit that targeted 114 wallets on its platform, assuring users that their funds…

Bitcoin Back Rewards Platform Satsback Launches in the United States for Online Shoppers

admin5 months ago03 mins

Satsback Labs, the company behind the European Bitcoin-back shopping rewards platform, Satsback.com, has announced its foray into the United States market, according to a press release shared with Bitcoin Magazine. With a robust network of over 500 online partners already established, Satsback.com aims to revolutionize the American shopping experience by offering consumers nationwide the opportunity…

SocialFi Platform RepubliK Partners TON to Simplify Web 3.0 for Social Media Users

admin5 months ago05 mins

The value proposition of RepubliK goes beyond mere token transfer as users can experience a full-blown social media content-sharing ecosystem that rivals what is on offer on Instagram and TikTok among others. SocialFi startup RepubliK has entered into a strategic partnership with The Open Network (TON) in a bold attempt to bring the dissimilar worlds…

Lisk Announces Move to Ethereum Ecosystem as Layer-2 Platform

admin5 months ago06 mins

Lisk decided to leverage the Ethereum network after finding out that more 90% of user transaction fees on L1 platforms were Ethereum-based. Lisk (LISK), the open-source blockchain network and platform for decentralized applications (dApp), has announced it has decided to join the Ethereum ecosystem as a layer 2 (L2) platform. According to an official blog post, Lisk is…

Bitcoin Rewards Platform Lolli Concludes $8M Series B Funding Round

admin5 months ago04 mins

Lolli, a leading bitcoin and cashback rewards platform, has announced the successful closure of an $8 million Series B funding round today, according to a press release sent to Bitcoin Magazine. The investment was led by BITKRAFT Ventures, alongside notable contributions from Sfermion, Ulta Beauty’s Prisma Ventures, Hypersphere Ventures, Rahul Pagidipati, 2 Punks Capital, MZ…

Britain’s M&G Invests $20M in Crypto Derivatives Platform GFO-X

admin5 months ago06 mins

By providing $20 million, M&G is helping GFO-X create a properly regulated environment for safe access to crypto derivatives trading. Global Futures and Options (GFO-X), a crypto derivatives trading platform based in the UK, has announced it received a $20 million investment from the asset management arm of pensions provider M&G Plc. According to GFO-X,…

Moody’s Analytics Launches Finance-Focused Quantum-as-a-Service Platform QFStudio

admin5 months ago05 mins

Moody’s QFStudio offers benefits such as easy integration for efficient scalability and benchmarking classical algorithms against quantum or quantum-inspired algorithms. Moody’s Analytics is now offering a Quantum-as-a-Service platform in partnership with Multiverse Computing. Moody’s Software-as-a-Service (SaaS) platform, QFStudio, has benchmarking capabilities that enable it to perform comparative analyses of both classical and quantum algorithms, “specifically…

DWF Labs Commits $1M to Theta Edgecloud Hybrid Computing Platform

admin6 months ago05 mins

Theta Edgecloud stands out in the cloud computing area as it provides a flexible hybrid model designed to meet the diverse needs of businesses and individuals. Venture capital firm DWF Labs has committed $1 million towards advancing Theta Edgecloud, an innovative hybrid cloud computing system within the Theta Labs ecosystem. This strategic investment demonstrates DWF…

CrowdHealth Crowdfunding Platform Integrates Lightning With Breez SDK

admin6 months ago05 mins

CrowdHealth, a crowdfunding platform for paying medical experiences in lieu of an insurance policy, is integrating Lightning payments with Breez’s Lightning SDK. The United States spends more than twice the average amount of money on healthcare in comparison to other developed nations in a similar economic situation. Medical costs are one of the leading causes…

HTX Restores Services after $30M Hack but Justin Sun’s Platform November Security Breaches Raise More Concerns

admin6 months ago07 mins

What has surprised many observers closely monitoring these illicit activities is the recurring association of these hacks with platforms connected to Justin Sun. The cryptocurrency trading platform HTX, formerly known as Huobi, which has ties to industry entrepreneur Justin Sun, regained functionality this week following a security breach resulting in an estimated $30 million loss….

OKX Launches Its Crypto Exchange and Web3 Wallet Platform in Brazil

admin6 months ago02 mins

OKX is launching its Web3 wallet platform and cryptocurrency exchange in Brazil. It has been officially revealed that one of the leading cryptocurrency exchanges and Web3 tech firms OKX launched its Web3 wallet platform and cryptocurrency exchange in Brazil. Thanks to this move, users in Brazil will have access to secure access to decentralized finance…

DEX Platform KyberSwap Faces Exploit Losing $47M

admin6 months ago04 mins

Kyber Network has asked all of its users to promptly withdraw all their funds without clicking on any suspicious links or DMs. KyberSwap, a decentralized exchange (DEX) protocol, has reportedly experienced a $47 million exploit, based on on-chain data. The funds were associated with its Elastic Pools liquidity solution. Unexpectedly, funds from wallets linked to…

CoinGecko Acquires NFT Data Platform Zash to Expand Its Business

admin6 months ago06 mins

With this acquisition, CoinGecko plans to integrate Zash’s NFT data into its Application Programming Interface (API) by the second quarter of next year. CoinGecko, a major cryptocurrency data tracking company, has acquired Zash, an on-chain data analytics firm that provides information on non-fungible tokens (NFTs) metadata across various platforms. According to an announcement on November…

PancakeSwap Unveils Web3 Gaming Platform, Boosting CAKE’s Bullish Narrative after Descent 132% Breakout in One Month

admin6 months ago05 mins

PancakeSwap has called on web3 gamifi developers to join Pancake Protector and Pancake Mayor in engaging its vibrant 1.5 million potential monthly players. PancakeSwap Finance (CAKE), a vibrant web3 ecosystem that was initially built on BNB Chain but grew to a multichain project, has introduced its PancakeSwap Gaming marketplace for both developers and gamers. According…

Disney Partners Dapper Labs to Launch NFT Collectibles Platform

admin6 months ago05 mins

The release date has not been confirmed, but the platform is already claimed to become an ‘all-new socially driven collectible experience that brings the magic of pin collecting to the digital age’. Entertainment giant the Walt Disney Company (NYSE: DIS) has joined forces with a leading blockchain-based video games developer Dapper Labs Inc. to launch…

OpenAI Unveils Platform for Custom ChatGPT Versions, Introduces GPT-4 Turbo

admin6 months ago07 mins

To make the product widely accessible for developers, OpenAI said the new model comes with a more affordable pricing structure than its predecessor GPT-4. In a groundbreaking move, OpenAI has announced the launch of a cutting-edge platform that allows users to create personalized versions of the popular AI chatbot ChatGPT, which made history months after…

Germany’s DZ Bank Launches Institutional Crypto Asset Custody Platform

admin7 months ago05 mins

DZ Bank’s current infrastructure makes it possible for the bank to take part in the exploratory phase of the ECB’s project testing the settlement of large-volume capital market transactions in central bank money. Germany’s third-largest bank DZ Bank has launched a blockchain-based platform for the processing and custody of crypto assets. The platform will cater…

Validation Cloud Launches Staking-as-a-Service Platform for Institutional Investors

admin7 months ago06 mins

Several key features of the platform make it ideal for institutional staking providers. For instance, it enables bulk validator deployment, allowing institutions to launch a large number of validators at the same time. Validation Cloud, a Web 3.0 infrastructure platform, recently launched a staking-as-a-service platform for institutional clients. This platform enables institutions to use multiple…

Animoca Brands Acquires Web 3.0 Streaming Platform Azarus

admin7 months ago05 mins

Although the monetary terms of the acquisition were not disclosed, this is not the first time Animoca Brands would be investing in Web 3.0 game companies. Popular gaming giant Animoca Brands has announced its acquisition of Web 3.0 streaming platform Azarus as part of its metaverse gaming revolution. Animoca would be seeking to leverage Azarus’…

Government-Owned Newspaper China Daily to Launch NFT Platform

admin7 months ago04 mins

Collectibles sold on the platform may also be bridged to mainstream platforms such as OpenSea and Rarible. Chinese government-owned newspaper China Daily has plans to create a metaverse and nonfungible tokens (NFTs) platform. The English-language publication – owned by the Publicity Department of the Chinese Communist Party – has offered 2.813 million yuan ($390,000) to…

Central Bank Group to Launch Data Platform ‘Project Atlas’ for Tracking Crypto Transfers

admin8 months ago05 mins

BIS continues to warn that crypto data can be “manipulated or distorted”. The Bank for International Settlements (BIS) has unveiled a new platform it calls “Project Atlas”. According to the Wednesday announcement, the decentralized finance data platform will play an important role in the future regulation of crypto market participants. In a joint report with…

International Cricket Council (ICC) and NEAR Foundation Announces Strategic Partnership to Forster Fan Engagement via Web3 Platform

admin8 months ago06 mins

The NEAR Foundation has become the official blockchain partner for ICC in a bid to help fans interact more with their favorite teams and players. The NEAR Foundation, the founder of the NEAR protocol blockchain which was designed as a community-run cloud computing platform, has announced a strategic partnership with the International Cricket Council (ICC),…

DeFi Platform Mixin Network Faces $200 Million Crypto Hack

admin8 months ago05 mins

Mixin Network immediately suspended the deposits and withdrawals stating that they would soon announce their decision to deal with the lost assets. Earlier today, the decentralized finance (DeFi) project Mixin Network announced the suspension of all deposits and withdrawals after losing $200 million in crypto assets in a recent hack. The SlowMist team was the…

X Moving toward Charging Small Fee for Using Platform

admin8 months ago05 mins

The amount to be charged has not been revealed. Currently, the X platform has 550 million monthly users who generate 100 to 200 million posts every day. On Monday, tech billionaire Elon Musk had a conversation with Israeli Prime Minister Benjamin Netanyahu. The discussion was mostly about the theoretical risks of artificial intelligence technology and AI regulation….

EY Announces AI Platform EY.ai and LLM to Transform Client Businesses Following $1.4B Investment

admin8 months ago06 mins

EY says that its new AI tool will help client and client users with the responsible adoption of AI, for strategy, tax, and other purposes. British multinational professional services giant EY has announced a new artificial intelligence (AI) tool to offer AI-powered services to its clients. The new tool, EY.ai, will help clients with responsible…

Telegram Integrates TON-Based Web3 Wallet into Its Platform

admin8 months ago06 mins

As of the latest available data from CoinMarketCap, Toncoin holds the position of the 11th largest crypto by market capitalization, with an estimated market cap of around $6 billion. Telegram, the renowned messaging app with a user base of 800 million, is set to usher in a new era of digital ownership by integrating the…

Nunchuck's Collaborative Bitcoin Custody Platform Enters Beta

admin8 months ago03 mins

Bitcoin software wallet maker Nunchuck has introduced Byzantine, their innovative collaborative custody platform tailored specifically for Bitcoin advisors. Byzantine’s unique offering lies in its ability to effortlessly craft multi-user multisig wallets. This feature paves the way for seamless collaboration between advisors and their clients. While the client enjoys complete control over their bitcoin, the advisor…

Stoke Therapeutics Is Unable To Derisk Its Platform (NASDAQ:STOK)

admin8 months ago010 mins

chemicalbilly I covered Stoke Therapeutics (NASDAQ:STOK) in February, and although I was mildly positive, I am lucky I didn’t go out and buy the stock – because STOK is now down 40% after failing to make the grade in the phase 1/2 epilepsy trial I was discussing last time. STOK develops therapies for rare diseases….

Ant Group Rolls Out New Blockchain Platform for Web3 Development ZAN

admin8 months ago06 mins

ZAN is powered by technical innovations from AntChain Open Labs. Chinese fintech giant Ant Group, the creator of the world’s biggest payment platform Alipay, is expanding its foothold into the crypto industry with the launch of ZAN, a blockchain service platform aimed at both Hong Kong and global markets to simplify the complexities of blockchain…

Arco Platform Ltd (ARCE) Q2 2023 Earnings Call Transcript

admin9 months ago026 mins

Arco Platform Ltd (NASDAQ:ARCE) Q2 2023 Earnings Conference Call August 31, 2023 5:00 PM ET Company Participants Roberto Otero – CFO Ari de Sá Cavalcante Neto – Founder, CEO & Director Conference Call Participants Mauricio Cepeda – Credit Suisse Operator Good afternoon, everyone. Thank you for standing by, and welcome to Arco Platform Second Quarter…

Crypto Trading Platform Cypher Lays Out Recovery Plan after Losing $1M to Exploit

admin9 months ago05 mins

The protocol will attempt to “socialize” all losses across its platform. Cypher, the Solana-based trading platform, has announced how it intends to recover from its $1 million exploit. In a recent publication, the firm noted that its plan will take place over four stages. Firstly, the protocol will attempt to “socialize” all losses across its…

Unstoppable Domains Launches Web3 Messaging Platform Powered by XMTP Network

admin9 months ago05 mins

Unstoppable Messaging allows Web3 users to connect with friends, and stay updated on their favorite projects in an end-to-end encrypted network. The Web3 industry is growing exponentially and the secure communication between different protocols is expected to help in mainstream adoption and sustainable scalability. Unstoppable Domains, a leading provider of Web3 domains including .crypto, .NFT,…

OppFi: Is This Lending Platform A Buy? (NYSE:OPFI)

admin9 months ago08 mins

PM Images OppFi (NYSE:OPFI) has traded rangebound between $2.90 and $1.80 for the last 1 year, with the lending platform recently reporting fiscal 2023 second-quarter earnings that saw dual beats on revenue and earnings. OppFi reported revenue of $122.5 million set against a $276 million market cap that is a long way away from the…

Schrodinger: A Computational Platform That Is Likely Becoming Obsolete (SDGR)

admin9 months ago043 mins

~UserGI15994093/iStock via Getty Images Introduction Schrodinger (NASDAQ:SDGR) is a computational biology platform that uses a physics-informed algorithm, free energy perturbation (FEP), combined with machine learning to design drugs. In addition to licensing its code out to pharmaceutical companies, the company operates a partnership model, where SDGR will leverage its software and take equity or cash…

Metaverse-gamified Platform Affyn Partners with Grand Prix Season Singapore 2023 to Promote Web3 Adoption

admin9 months ago05 mins

The Affyn metaverse gamify platform has 400 unique items on the Ethereum chain via the Polygon L2 network with about 300 unique owners. A well-funded multiverse and play-to-earn Web3 platform Affyn has announced that it has partnered with Grand Prix Season Singapore 2023 (GPSS) to further introduce the Web3 ecosystem during the racing event. Notably,…

Vasta Platform Limited (VSTA) Q2 2023 Earnings Call Transcript

admin9 months ago040 mins

Vasta Platform Limited (NASDAQ:VSTA) Q2 2023 Earnings Call Transcript August 9, 2023 5:00 PM ET Company Participants Marcelo Werneck – IR Guilherme Melega – CEO Conference Call Participants Marcelo Santos – JP Morgan Lucas Nagano – Morgan Stanley Operator Hello, and welcome to the Vasta Platform second quarter 2023 financial results. My name is Krista,…

X Will Settle Legal Bills of Those ‘Unfairly Treated’ by Employers for Posting on Platform

admin10 months ago06 mins

It is not clear what can be considered ‘unfairly treated.’ Besides, it is yet to be explained how to ask for assistance. Elon Musk has promised that legal bills of those ‘unfairly treated’ by their employers for posting content on the X platform (formerly Twitter) will be settled by the company behind the social media…

Human-Focused Blockchain Platform Backed by World Champions

admin10 months ago011 mins

Philcoin is an exciting project seeking to make real, palpable, and positive changes in the world. Its philanthropic mission is multi-purpose oriented and aims to help as many people in need as possible. Philcoin is a blockchain-based ecosystem focusing on improving the world through peer-to-peer philanthropy. We are looking at a unique project promoting the…