Cryptocurrency – Global Business Magazine https://thegbm.com Business news, opinion, reviews, interviews Wed, 25 Dec 2024 15:59:15 +0000 en-US hourly 1 https://wordpress.org/?v=6.7.1 https://thegbm.com/wp-content/uploads/2021/07/Bizmag-logo.png Cryptocurrency – Global Business Magazine https://thegbm.com 32 32 195744517 Floki on Course for Europe ETP as DAO Floats Proposal to Provide Early Liquidity https://thegbm.com/floki-on-course-for-europe-etp-as-dao-floats-proposal-to-provide-early-liquidity/ Wed, 25 Dec 2024 15:59:15 +0000 https://thegbm.com/floki-on-course-for-europe-etp-as-dao-floats-proposal-to-provide-early-liquidity

A Floki exchange-traded product is set to go live in Europe in early 2025, a project developer told CoinDesk.

Meme-turned-utility project Floki is working with an unidentified asset manager to develop an exchange-traded product (ETP) tracking its FLOKI token that could be available to investors in Europe early in the new year, one of the developers told CoinDesk.

If approved, FLOKI would be the only meme token other than dogecoin (DOGE) with an institutional product in Europe.

“We’ve been actively working with a respected Asset Manager and an ETP Issuer to launch a Floki ETP (Exchange-Traded Product) for quite a while now, and after months of due diligence and painstaking effort, we’ve been told that the Floki ETP is on track to go live in early Q1, 2025,” lead developer B told CoinDesk in a Telegram message on Wednesday.

The developers as seeking approval from the Floki DAO community to provide early liquidity to the product when it goes live. The vote runs for 48 hours and will end at 11:00 UTC on Dec. 27.

They are seeking approval to allocate part of the FLOKI required for the ETP from a treasury wallet that holds 16 billion tokens, worth just over $2.8 million at current prices. Tokens in that wallet were purchased from the open market over three years after the passage of another community vote.

If the proposal is approved, the FLOKI tokens would provide liquidity for the ETP while remaining Floki’s property and could be withdrawn if there is enough third-party liquidity in the ETP.

“The Floki ETP is currently in an advanced stage and will become tradable on the SIX Swiss Exchange, the largest stock exchange in Switzerland and the third-largest in Europe,” B said. “When it goes live, the Floki ETP will allow institutional investors, regulated entities and retail investors to get exposure to FLOKI in a regulated way.”

B said the team could not disclose further specifics about the ETP due to non-disclosure agreements, such as opening prices, fund structure and institutional partners.

FLOKI is up 1.1% in the past 24 hours, in line with the broader crypto market.

Source: Crypto Insider

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BricklayerDAO: Merging Blockchain Agility with Real Estate Stability to Redefine Property Investment https://thegbm.com/bricklayerdao-merging-blockchain-agility-with-real-estate-stability-to-redefine-property-investment/ Wed, 25 Dec 2024 04:16:00 +0000 https://thegbm.com/bricklayerdao-merging-blockchain-agility-with-real-estate-stability-to-redefine-property-investment DUBAI, United Arab Emirates, Dec. 24, 2024 (GLOBE NEWSWIRE) — BricklayerDAO is setting a new standard in the intersection of blockchain technology and real estate. Frustrated by the limited returns and lack of control in traditional real estate investment, Nick and Denis founded a platform that merges the flexibility of blockchain technology with the stability of real estate investment trusts (REITs).

BricklayerDAO

Their extensive experience in commercial real estate, spanning a collective 30 years and encompassing billions in transactions, has paved the way for an innovative model. This model not only reduces barriers to entry for institutional-grade real estate but also empowers investors by providing unprecedented levels of participation.

At its core, BricklayerDAO operates on two tokens that drive its ecosystem: MRTR, a utility token central to governance, and BRCK, a value token directly tied to real-world assets (RWAs).

Nick explains this model, “Our dual-token system is designed to ensure robust engagement and transparency while empowering holders to influence investment strategies directly. MRTR tokens give stakeholders a voice in governance through staking and voting, with innovative quadratic voting mechanisms that balance power between large and small holders.

At the same time, $BRCK tokens derive their value from tokenised real-world assets, such as industrial warehouses leased by Fortune 50 companies on long-term agreements, offering the community a cash flow-backed and tangible investment opportunity.”

The DAO’s governance system is designed with meticulous attention to community-driven decision-making. From idea formulation to final implementation, members contribute at every stage, with proposals rigorously vetted through forums, temperature checks, and voting.

Further, BricklayerDAO’s operations are underpinned by a commitment to efficient capital reserves. Fiat accounts, maintained in local jurisdictions for operational requirements, are transparently monitored through blockchain oracles, bridging the gap between traditional and digital economies.

Virtual assets, including Bitcoin and Ethereum, are managed through the Quarry, the platform’s digital mining network, contributing to the steady growth of reserves while offering stability in volatile markets. This dual-exposure strategy enables BricklayerDAO to balance growth and liquidity effectively.

Denis highlights, “What truly sets BricklayerDAO apart is the seamless integration of PropTech innovations with decentralised finance. By tokenising real estate assets and utilising Chainlink oracles, we bridge the gap between off-chain value and blockchain technology, creating a transparent and efficient system that redefines how real estate investments are managed.”

By acquiring and managing both traditional and tokenised real estate, BricklayerDAO opens institutional-grade opportunities to a global audience without compromising on diligence or asset quality. Its acquisition strategy prioritises industrial assets with high-credit tenants, maximising rental yields while supporting long-term value appreciation for BRCK holders.

Central to the DAO’s mission is its tenant-friendly approach, designed to reduce costs and nurture flexibility for occupiers. Partnerships with key stakeholders create an equitable real estate ecosystem that aligns the interests of investors and tenants. Through the Bricktop A.I real estate assistant tool, BricklayerDAO simplifies opportunity identification and asset management, integrating data-driven insights to optimise site selection, leasing, and market positioning.

The Masonry (MSRY) NFTs add a unique dimension to the ecosystem, offering members benefits ranging from early access to services and fee discounts to boosted governance influence. Available in four rarity tiers: Clay, Granite, Marble, and Special, these NFTs reward active community participation while promoting loyalty. BricklayerDAO’s Kiln mechanism further incentivises engagement by linking NFT distribution to $BRCK token purchases, ensuring alignment between token value and user benefits.

BricklayerDAO’s entry into the market also marks a significant step in preparing the real estate industry for a new era of blended assets. By advancing Web3 technologies, the DAO provides real estate vendors with tools for efficient, transparent, and globally accessible transactions. Its efforts are shaping the gig economy’s role in property management and investment, allowing real estate professionals and on-chain enthusiasts to engage in every facet of RWA transactions.

Nick shares his enthusiasm, “Launching BricklayerDAO is a monumental step for us, and we’re genuinely thrilled to bring this vision to life. We’ve built this platform with a strong foundation of trust, transparency, and innovation, ensuring that it serves the best interests of the market and its participants. We are dedicated to building the world’s most verifiable RWA value offering ecosystem on-chain.”

Denis adds, “This isn’t just about creating a platform; it’s about setting a new standard for real estate and blockchain integration. We’re committed to delivering value and opportunity in good faith to our investors, the community, and the broader industry, paving the way for a more inclusive and equitable future.”

BricklayerDAO invites investors and real estate professionals to join this transformative journey. As it continues to redefine property investment, the DAO offers not only a platform but a community, a space where collaboration and innovation pave the way to a more inclusive and efficient real estate ecosystem.

Also, the MRTR presale is now live, and we’d love for you to participate! Don’t miss out. Click here to buy your tokens today!

You can stay up-to-date with BricklayerDAO by following them on social media platforms such as X, Discord, LinkedIn and Instagram

___________________________________

For media inquiries, please contact:
Contact Person Name: Stuart Alldus
Designation: Head of Investor Relations
Email: stuart@bricklayerdao.com

About BricklayerDAO:
BricklayerDAO is a groundbreaking platform that merges blockchain technology with real estate investment, offering a decentralised approach to property transactions. By tokenising real-world assets and empowering stakeholders through governance, BricklayerDAO creates a transparent, accessible, and community-driven ecosystem for the future of real estate and blockchain integration.

___________________________________

Disclaimer: This content is provided by BricklayerDAO. 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/989a9e0a-f557-4c97-9f1d-45c52558400a

Source: Crypto Insider

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ROSEN, TOP-RANKED INVESTOR COUNSEL, Encourages Paladin Energy Ltd Investors to Inquire About Securities Class Action Investigation – PALAF https://thegbm.com/rosen-top-ranked-investor-counsel-encourages-paladin-energy-ltd-investors-to-inquire-about-securities-class-action-investigation-palaf/ Wed, 25 Dec 2024 04:13:00 +0000 https://thegbm.com/rosen-top-ranked-investor-counsel-encourages-paladin-energy-ltd-investors-to-inquire-about-securities-class-action-investigation-palaf NEW YORK, Dec. 24, 2024 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Paladin Energy Ltd (OTC: PALAF) resulting from allegations that Paladin may have issued materially misleading business information to the investing public.

SO WHAT: If you purchased Paladin securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses.

WHAT TO DO NEXT: To join the prospective class action, go to https://rosenlegal.com/submit-form/?case_id=32303 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@rosenlegal.com for information on the class action.

WHAT IS THIS ABOUT: On November 12, 2024, Paladin issued an announcement entitled “Langer Heinrich Mine update and revision of FY2025 guidance.” In this announcement, Paladin announced in part that “[a]s a result of the lower than expected production results for October, and noting the ongoing challenges and operational variability experienced to date in ramping up production at the [Langer Heinrich Mine], Paladin has determined to revise its FY2025 production guidance to 3.0 – 3.6 Mlb (previously 4.0 – 4.5 Mlb) and withdraw all other guidance in relation to FY2025.”

On this news, Paladin shares fell 24.7% on November 12, 2024.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm achieved the largest ever securities class action settlement against a Chinese Company at the time. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:

        Laurence Rosen, Esq.
        Phillip Kim, Esq.
        The Rosen Law Firm, P.A.
        275 Madison Avenue, 40th Floor
        New York, NY 10016
        Tel: (212) 686-1060
        Toll Free: (866) 767-3653
        Fax: (212) 202-3827
        case@rosenlegal.com
        www.rosenlegal.com

Source: Crypto Insider

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28147
ROSEN, A TOP-RANKED LAW FIRM, Encourages Kyverna Therapeutics, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – KYTX https://thegbm.com/rosen-a-top-ranked-law-firm-encourages-kyverna-therapeutics-inc-investors-to-secure-counsel-before-important-deadline-in-securities-class-action-kytx/ Tue, 24 Dec 2024 04:01:00 +0000 https://thegbm.com/rosen-a-top-ranked-law-firm-encourages-kyverna-therapeutics-inc-investors-to-secure-counsel-before-important-deadline-in-securities-class-action-kytx NEW YORK, Dec. 23, 2024 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of Kyverna Therapeutics, Inc. (NASDAQ: KYTX) pursuant and/or traceable to the Kyverna’s initial public offering conducted on February 8, 2024 (the “IPO”), of the important February 7, 2025 lead plaintiff deadline.

SO WHAT: If you purchased Kyverna common stock you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Kyverna class action, go to https://rosenlegal.com/submit-form/?case_id=32239 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than February 7, 2025. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm achieved the largest ever securities class action settlement against a Chinese Company at the time. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, the registration statement and prospectus used to effectuate Kyverna’s IPO misstated and/or omitted facts concerning the results of Kyverna’s ongoing evaluation of KYV-101, Kyverna’s lead product candidate, in clinical trials. Specifically, Kyverna touted patient “improvement” in certain indicators while failing to disclose adverse data regarding one of Kyverna’s trials, which adverse data was known to Kyverna at the time of the IPO. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Kyverna class action, go to https://rosenlegal.com/submit-form/?case_id=32239 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@rosenlegal.com for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

——————————-

Contact Information:

        Laurence Rosen, Esq.
        Phillip Kim, Esq.
        The Rosen Law Firm, P.A.
        275 Madison Avenue, 40th Floor
        New York, NY 10016
        Tel: (212) 686-1060
        Toll Free: (866) 767-3653
        Fax: (212) 202-3827
        case@rosenlegal.com
        www.rosenlegal.com

Source: Crypto Insider

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28171
ROSEN, A GLOBALLY RESPECTED LAW FIRM, Encourages Match Group, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action First Filed by the Firm – MTCH https://thegbm.com/rosen-a-globally-respected-law-firm-encourages-match-group-inc-investors-to-secure-counsel-before-important-deadline-in-securities-class-action-first-filed-by-the-firm-mtch/ Tue, 24 Dec 2024 03:58:00 +0000 https://thegbm.com/rosen-a-globally-respected-law-firm-encourages-match-group-inc-investors-to-secure-counsel-before-important-deadline-in-securities-class-action-first-filed-by-the-firm-mtch NEW YORK, Dec. 23, 2024 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Match Group, Inc. (NASDAQ: MTCH) between May 2, 2023 and November 6, 2024, both dates inclusive (the “Class Period”), of the important January 24, 2025 lead plaintiff deadline in the securities class action first filed by the Firm.

SO WHAT: If you purchased Match Group securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Match Group class action, go to https://rosenlegal.com/submit-form/?case_id=12766 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than January 24, 2025. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm achieved the largest ever securities class action settlement against a Chinese Company at the time. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period made materially false and/or misleading statements and/or failed to disclose that: (1) Match Group materially understated the challenges affecting Tinder and, as a result, understated the risk that Tinder’s monthly active user count would not recover by the time Match Group reported its financial results for the third quarter of 2024; and (2) as a result, defendants’ statements about Match Group’s business, operations and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Match Group class action, go to https://rosenlegal.com/submit-form/?case_id=12766 call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@rosenlegal.com for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm or on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm.

Attorney Advertising. Prior results do not guarantee a similar outcome.

——————————-

Contact Information:

        Laurence Rosen, Esq.
        Phillip Kim, Esq.
        The Rosen Law Firm, P.A.
        275 Madison Avenue, 40th Floor
        New York, NY 10016
        Tel: (212) 686-1060
        Toll Free: (866) 767-3653
        Fax: (212) 202-3827
        case@rosenlegal.com
        www.rosenlegal.com

Source: Crypto Insider

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28184
Western Asset Mutual Fund Investors That Suffered Losses Are Encouraged to Contact The Rosen Law Firm About Ongoing Investigation into the Company – LAOIX, WATFX, WACPX https://thegbm.com/western-asset-mutual-fund-investors-that-suffered-losses-are-encouraged-to-contact-the-rosen-law-firm-about-ongoing-investigation-into-the-company-laoix-watfx-wacpx/ Mon, 23 Dec 2024 04:10:00 +0000 https://thegbm.com/western-asset-mutual-fund-investors-that-suffered-losses-are-encouraged-to-contact-the-rosen-law-firm-about-ongoing-investigation-into-the-company-laoix-watfx-wacpx NEW YORK, Dec. 22, 2024 (GLOBE NEWSWIRE) —

Why: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of Western Asset Management Company mutual fund investors resulting from allegations that Western Asset may have issued materially misleading business information to the investing public.

So What: If you purchased Western Asset mutual funds you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses.

What to do next: To join the prospective class action, go to https://rosenlegal.com/submit-form/?case_id=31956 call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@rosenlegal.com for information on the class action.

What is this about: On November 25, 2024, the U.S. Securities and Exchange Commission (“SEC”) issued a press release entitled “SEC Charges Ken Leech, Former Co-Chief Investment Officer of Western Asset Management Co., with Fraud.” This press release stated that Leech had been charged with fraud “for engaging in a multi-year scheme to allocate favorable trades to certain portfolios, while allocating unfavorable trades to other portfolios, a practice known as cherry-picking.”

Why Rosen Law: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm achieved the largest ever securities class action settlement against a Chinese Company at the time. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:

        Laurence Rosen, Esq.
        Phillip Kim, Esq.
        The Rosen Law Firm, P.A.
        275 Madison Avenue, 40th Floor
        New York, NY 10016
        Tel: (212) 686-1060
        Toll Free: (866) 767-3653
        Fax: (212) 202-3827
        case@rosenlegal.com
        www.rosenlegal.com

Source: Crypto Insider

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28204
Unisys Corporation Announcement: If You Have Suffered Losses in Unisys Corporation (NYSE: UIS), You Are Encouraged to Contact The Rosen Law Firm About Your Rights https://thegbm.com/unisys-corporation-announcement-if-you-have-suffered-losses-in-unisys-corporation-nyse-uis-you-are-encouraged-to-contact-the-rosen-law-firm-about-your-rights/ Mon, 23 Dec 2024 04:02:00 +0000 https://thegbm.com/unisys-corporation-announcement-if-you-have-suffered-losses-in-unisys-corporation-nyse-uis-you-are-encouraged-to-contact-the-rosen-law-firm-about-your-rights NEW YORK, Dec. 22, 2024 (GLOBE NEWSWIRE) —

Why: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Unisys Corporation (NYSE: UIS) resulting from allegations that Unisys may have issued materially misleading business information to the investing public.

So What: If you purchased Unisys securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses.

To join the prospective class action, go to https://rosenlegal.com/submit-form/?case_id=9648 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@rosenlegal.com for information on the class action.

What is this about: On October 22, 2024, the Securities and Exchange Commission announced that it had charged four companies, including Unisys, with “making materially misleading disclosures regarding cybersecurity risks and intrusions.” Further, the SEC also charged Unisys with disclosure controls and procedures violations.

On this news, Unisys stock fell 8.6% on October 22, 2024.

Why Rosen Law: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm achieved the largest ever securities class action settlement against a Chinese Company at the time. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
case@rosenlegal.com
www.rosenlegal.com

Source: Crypto Insider

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28217
Dr. Yorell Manon Matos Launches Transformative Healthcare Education Grant to Cultivate Next Generation of Medical Innovators https://thegbm.com/dr-yorell-manon-matos-launches-transformative-healthcare-education-grant-to-cultivate-next-generation-of-medical-innovators/ Sun, 22 Dec 2024 01:58:00 +0000 https://thegbm.com/dr-yorell-manon-matos-launches-transformative-healthcare-education-grant-to-cultivate-next-generation-of-medical-innovators SIOUX FALLS, S.D., Dec. 21, 2024 (GLOBE NEWSWIRE) — Distinguished hand surgeon Dr. Yorell Manon-Matos announces the establishment of a groundbreaking academic grant program designed to nurture emerging talent in healthcare education. The Dr. Yorell Manon Matos Grant for Healthcare Students represents a significant investment in the future of American healthcare, offering a $1,000 award to exceptional undergraduate students pursuing healthcare-related degrees.

Dr. Yorell Manon-Matos, a board-certified hand surgeon at Avera, brings his extensive medical expertise and dedication to educational excellence to this innovative initiative. With dual fellowships from the prestigious Christine M. Kleinert Institute for Hand and Microsurgery and a distinguished career spanning clinical practice and academic medicine, Dr. Yorell Manon Matos has consistently demonstrated his commitment to advancing medical education.

“The complexities of modern healthcare demand innovative thinking and fresh perspectives,” states Dr. Yorell Manon Matos. “This grant aims to identify and support students who demonstrate exceptional potential in addressing healthcare’s most pressing challenges.”

The grant program invites applications from undergraduate students nationwide who maintain a minimum 3.0 GPA and are actively enrolled in accredited healthcare-related programs. Candidates must submit a thought-provoking essay exploring economic challenges in healthcare and proposing innovative solutions for improving both affordability and quality of patient care.

As a graduate of Dartmouth Medical School and former Assistant Clinical Professor at the University of Louisville School of Medicine, Dr. Yorell Manon-Matos brings unique insights into the importance of supporting emerging healthcare professionals. His experience as Team Physician for the Sioux City Musketeers in the US Hockey League further demonstrates his commitment to comprehensive healthcare delivery across diverse settings.

The selection process emphasizes academic excellence, innovative thinking, and a demonstrated commitment to advancing healthcare services. Successful candidates will need to demonstrate not only strong academic performance but also a clear vision for contributing to the improvement of healthcare delivery systems. This comprehensive evaluation approach ensures that grant recipients possess both the academic foundation and forward-thinking mindset necessary to make meaningful contributions to the healthcare sector.

In addition to academic credentials, applicants must submit a compelling essay of 1,000-1,500 words addressing contemporary economic challenges in healthcare and proposing innovative solutions for improving both affordability and quality of patient care. This component of the application process allows candidates to showcase their analytical abilities and creative problem-solving skills while addressing real-world healthcare challenges.

The grant’s focus on healthcare economics and innovation reflects the evolving nature of medical practice and the increasing importance of understanding both clinical and administrative aspects of healthcare delivery. This holistic approach aligns with Dr. Yorell Manon-Matosvision of developing well-rounded healthcare professionals equipped to navigate the complex landscape of modern medicine.

Applications, including the required essay and cover letter, must be submitted to apply@dryorellmanonmatosgrant.com by August 15, 2025. The grant recipient will be announced on September 15, 2025. The selection committee will evaluate submissions based on academic merit, essay quality, and demonstrated commitment to healthcare advancement.

Qualified candidates interested in applying for the grant or seeking additional information should visit https://dryorellmanonmatosgrant.com/. The website provides comprehensive details about application requirements, submission guidelines, and the program’s mission to advance healthcare education.

This initiative reflects Dr. Yorell Manon-Matos’ ongoing dedication to fostering excellence in healthcare education and his vision for developing future healthcare leaders equipped to address the evolving challenges in medical care delivery. Through this grant program, he continues to demonstrate his commitment to supporting the next generation of healthcare professionals and contributing to the advancement of medical education in the United States.

Contact Info:

Spokesperson: Dr. Yorell Manon Matos
Organization: Dr. Yorell Manon Matos Grant
Website: https://dryorellmanonmatosgrant.com 
Email: apply@dryorellmanonmatosgrant.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/4f88c07f-da39-425d-b18a-a7a870ed1755

Source: Crypto Insider

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Paladin Energy Ltd Announcement: If You Have Suffered Losses in Paladin Energy Ltd (OTC: PALAF), You Are Encouraged to Contact The Rosen Law Firm About Your Rights https://thegbm.com/paladin-energy-ltd-announcement-if-you-have-suffered-losses-in-paladin-energy-ltd-otc-palaf-you-are-encouraged-to-contact-the-rosen-law-firm-about-your-rights/ Sat, 21 Dec 2024 04:11:00 +0000 https://thegbm.com/paladin-energy-ltd-announcement-if-you-have-suffered-losses-in-paladin-energy-ltd-otc-palaf-you-are-encouraged-to-contact-the-rosen-law-firm-about-your-rights NEW YORK, Dec. 20, 2024 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Paladin Energy Ltd (OTC: PALAF) resulting from allegations that Paladin may have issued materially misleading business information to the investing public.

SO WHAT: If you purchased Paladin securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses.

WHAT TO DO NEXT: To join the prospective class action, go to https://rosenlegal.com/submit-form/?case_id=32303 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@rosenlegal.com for information on the class action.

WHAT IS THIS ABOUT: On November 12, 2024, Paladin issued an announcement entitled “Langer Heinrich Mine update and revision of FY2025 guidance.” In this announcement, Paladin announced in part that “[a]s a result of the lower than expected production results for October, and noting the ongoing challenges and operational variability experienced to date in ramping up production at the [Langer Heinrich Mine], Paladin has determined to revise its FY2025 production guidance to 3.0 – 3.6 Mlb (previously 4.0 – 4.5 Mlb) and withdraw all other guidance in relation to FY2025.”

On this news, Paladin shares fell 24.7% on November 12, 2024.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm achieved the largest ever securities class action settlement against a Chinese Company at the time. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

——————————-

Contact Information:

        Laurence Rosen, Esq.
        Phillip Kim, Esq.
        The Rosen Law Firm, P.A.
        275 Madison Avenue, 40th Floor
        New York, NY 10016
        Tel: (212) 686-1060
        Toll Free: (866) 767-3653
        Fax: (212) 202-3827
        case@rosenlegal.com
        www.rosenlegal.com

Source: Crypto Insider

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Trump-Backed World Liberty Financial Swaps Its cbBTC for WBTC After Sun Joins as Adviser https://thegbm.com/trump-backed-world-liberty-financial-swaps-its-cbbtc-for-wbtc-after-sun-joins-as-adviser/ Thu, 19 Dec 2024 10:14:52 +0000 https://thegbm.com/trump-backed-world-liberty-financial-swaps-its-cbbtc-for-wbtc-after-sun-joins-as-adviser

The swap took place Wednesday, the same day BiT Global lost a court case seeking to prevent Coinbase delisting WBTC.

World Liberty Financial, backed by the family of U.S. President-elect Donald Trump, on Wednesday exchanged about $10 million worth of Coinbase’s (COIN) wrapped bitcoin, cbBTC, for rival WBTC.

Wrapped bitcoin is a form of the world’s largest cryptocurrency that can be used in decentralized finance (DeFi) on blockchains other than Bitcoin.

Coinbase introduced cbBTC in September, and in November said it would delist WBTC, citing its listing standards. That action prompted BiT Global, a custodian involved in WBTC, to sue the crypto exchange to prevent the removal. A court ruled against BiT Global on Wednesday.

There’s one more link in the chain: Justin Sun, the founder of the Tron blockchain and one of CoinDesk’s Most Influential 2024. In its defense, Coinbase cited BiT Global’s links to Sun, who has been accused of fraud and market manipulation in the U.S., as an “unacceptable risk.” Sun, who denies the accusations, also became an adviser to World Liberty Financial, a position he gained after picking up a $30 million stake in the platform last month in exchange for WLFI tokens.

World Liberty Finance has not explicitly stated its decision to swap the tokens. On-chain data shows it has been active in the market in the past week, picking up millions of dollars worth of Aave (AAVE), Chainlink’s LINK and Ethena’s ENA tokens, all companies related to it through partnerships or integrations.

Sun has little to do with WBTC directly. In August, BitGo, the original and longtime custodian of the bitcoin backing WBTC, said it would distribute control over the project’s custody to three entities globally (including BiT Global) instead of just one to help decentralize the operation.

BiT Global is registered as a Trust and Company Service Provider (TCSP) in Hong Kong and is a “strategic partnership between BitGo, Justin Sun, and the Tron ecosystem,” according to the August release.

Sun has no direct or indirect involvement on the cap table of those companies or the listed shareholders of BiT Global, board member Robert Liu said in an October interview

Some board members believe Sun’s involvement is actually “good for WBTC,” he said, given the success of Tron, crypto exchange HTX and other businesses.

“The Tron blockchain has more than 50% of global market share,” Liu said. “They have the highest turnover rate. So people have no issue putting more than $60 billion of the stablecoin assets circulating on Tron blockchain.”

Source: Crypto Insider

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