Author: CryptoCurrencyNews

Noochies! products can now be purchased with BTC, ETH, SOL and DOGE

TORONTO, Jan. 3, 2025 /CNW/ – CULT Food Science Corp. (“CULT” or the “Company”) (CSE: CULT) (OTC: CULTF) (FRA: LN0), a disruptive food technology platform pioneering the commercialization of lab grown meat and cellular agriculture to reshape the global food industry, is excited to announce that Noochies! products can now be purchased with popular cryptocurrencies including bitcoin (BTC), ethereum (ETH), solana (SOL), and dogecoin (DOGE). Accepting cryptocurrency not only opens the Noochies! brand up to a broader consumer base but also aligns with its mission to remain at the forefront of innovation, echoing the forward-looking ethos of the crypto industry.

The Company is also excited to announce that Noochies! has won the Pet Business Industry Recognition Award for dog/cat food toppers for its recently launched line of Sprinkles. To showcase its award-winning products, the Noochies! team will be at multiple industry and consumer shows in early 2025. The Noochies! team will be forging new relationships with retailers and distributors. For more information about the Pet Business Award, please visit: https://digitalmag.petbusiness.com/petbusiness/library/page/december_2024/68/.

Key Takeaways

• Noochies! (https://www.noochies.co/) now accepts payment in popular cryptocurrencies including bitcoin (BTC), ethereum (ETH), solana (SOL), and dogecoin (DOGE).
  
• Noochies! recently won a Pet Business Industry Recognition Award for their Sprinkles line of supplements.
  
• To showcase its award-winning products, Noochies! will have a presence at key industry shows in the new year

Consumer and Industry Shows

Noochies! will be participating in multiple consumer and industry shows in early 2025 including The Super Pet Expo in Edison, NJ from January 3-5th and Global Pet Expo in Orlando, FL from March 26-28th.

Super Pet Expo (https://superpetexpo.com/) is New Jersey’s largest consumer animal and entertainment event and is expected to draw an attendance of 20,000 people over 3 days. Noochies! products including dog snacks and the recently released Sprinkles line of supplements/toppers will be available at the event for consumers to sample and purchase.
Global Pet Expo (https://globalpetexpo.org/) is the pet industry’s premier event featuring the newest, most innovative pet products. Global Pet Expo is open to independent retailers, distributors, mass-market buyers, and other qualified professionals. Attendance is expected to be over 20,000 people from 85 different countries. The Noochies! team will have a booth and will be forging new relationships with distributors and retailers.

Management Commentary

Mitchell Scott, CEO of CULT Food Science, commented, “We’re excited to expand Noochies! payment options to include cryptocurrency, further embracing innovation and convenience for our customers. Winning the Pet Business Industry Recognition Award for our Sprinkles line highlights our commitment to leading the pet nutrition sector, and we’re eager to continue driving growth with new opportunities in 2025.”

About CULT Food Science

CULT Food Science is a disruptive food technology platform pioneering the commercialization of lab grown meat and cellular agriculture to reshape the global food industry. CULT’s robust portfolio of investments in cutting-edge, venture-backed cellular agriculture and lab-grown meat companies provides widespread investor access to the future of food. Backed by a team of experts with extensive experience in food technology and launching consumer food products, CULT is committed to being at the forefront of the food revolution.

About Further Foods

Further Foods is revolutionizing pet nutrition through its innovative brand, Noochies! Noochies! leverages advanced cellular agriculture technologies to create pet food products with superior nutrition profiles and ethical standards. Noochies! recently introduced the world’s first freeze-dried, high-protein, nutrient-rich pet treats made without factory farming. Noochies! products are currently available for sale in the United States and Canada at select retailers and online at https://www.noochies.co/.

Additional information can be found by viewing the Company’s website at cultfoodscience.com or its regulatory filings on sedar.com.

On behalf of the Board of Directors of the Company,

CULT FOOD SCIENCE CORP.

“Mitchell Scott”
Mitchell Scott, Chief Executive Officer

Forward-Looking Information:

Information set forth in this news release may involve forward-looking statements. Forward-looking statements are statements that relate to future, not past, events. In this context, forward-looking statements often address a company’s expected future business and financial performance, and often contain words such as “anticipate”, “believe”, “plan”, “estimate”, “expect”, and “intend”, statements that an action or event “may”, “might”, “could”, “should”, or “will” be taken or occur, or other similar expressions. By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include but are not limited to the following risks: those associated with marketing and sale of securities; the need for additional financing; reliance on key personnel; the potential for conflicts of interest among certain officers or directors with certain other projects; and the volatility of common share price and volume. Forward-looking statements are made based on management’s beliefs, estimates and opinions on the date that statements are made and except as required by law, the Company undertakes no obligation to update forward-looking statements if these beliefs, estimates and opinions or other circumstances should change. Investors are cautioned against attributing undue certainty to forward-looking statements. For further information on risk, investors are advised to see the Company’s MD&A and other disclosure filings with the regulators which are found at sedar.com.

SOURCE Cult Food Science Corp

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SHANGHAI, Jan. 2, 2025 /PRNewswire/ — Cango Inc. (NYSE: CANG) (“Cango” or the “Company”), a leading automotive transaction service platform in China, today announced its production update for crypto mining business in December 2024.

Bitcoin Mining Update for December 2024

1. Unaudited, estimated.
2. As of month-end.
3. Average over the month.

About Cango Inc.

Cango Inc. (NYSE: CANG) is a leading automotive transaction service platform in China, connecting car buyers, dealers, financial institutions, and other industry participants. Founded in 2010 by a group of pioneers in China’s automotive finance industry, the Company is headquartered in Shanghai and has a nationwide network. Leveraging its competitive advantages in technological innovation and big data, Cango has established an automotive supply chain ecosystem, and developed a matrix of products and services centering on used car trading and exporting. By working with platform participants, Cango endeavors to make car purchases simple and enjoyable, and make itself customers’ car purchase service platform of choice. In recent years, Cango has diversified its business operations and expanded its operation into other industries, such as overseas crypto assets. For more information, please visit: www.cangoonline.com.

Investor Relations Contact

Yihe Liu
Cango Inc.
Tel: +86 21 3183 5088 ext.5581
Email: ir@cangoonline.com 

Helen Wu
Piacente Financial Communications
Tel: +86 10 6508 0677
Email: ir@cangoonline.com 

View original content:https://www.prnewswire.com/news-releases/cango-inc-announces-december-2024-production-update-for-crypto-mining-business-302341195.html

SOURCE Cango Inc.

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VICTORIA, Seychelles, Jan. 1, 2025 /PRNewswire/ — December 30, 2024, just marked a pivotal moment for the cryptocurrency industry as the European Union Markets in Crypto Assets Regulation (MiCAR) comes into effect. This groundbreaking regulation represents a major shift in the EU’s approach to cryptocurrency oversight, aiming to enhance consumer protection, promote market integrity, and foster innovation across the digital asset ecosystem.

Recognizing the significance of MiCAR for the future of the crypto industry, OrangeX has taken several steps to align its operations with the new framework, which includes successful integration of the Travel Rule API, a crucial component of anti-money laundering (AML) regulations. This integration demonstrates OrangeX’s commitment to compliance and its proactive approach to meeting the requirements set forth by MiCAR.

1. Travel Rule API Integration: A Milestone in AML Compliance

OrangeX is proud to announce the successful integration of the Travel Rule API, a key component of anti-money laundering (AML) regulations. This technology ensures seamless and compliant data sharing between financial entities, reinforcing OrangeX’s commitment to transparency and consumer protection. By implementing this critical tool, OrangeX has taken a proactive stance to address MiCAR’s rigorous AML requirements.

2. Licensed Operations in EU

Currently, OrangeX holds a trading license in the Czech Republic, enabling the exchange to operate within the EU’s existing regulatory framework. This license not only affirms OrangeX’s credibility but also places the platform in a strong position to expand its services across the EU once MiCAR takes full effect.

3. Registering as Crypto-Asset Service Provider (CASP)

As part of its preparation for MiCAR, OrangeX is dedicated to ensuring compliance with the regulation’s stringent standards as a Crypto-Asset Service Provider (CASP). We’re actively implementing measures to meet all operational, security, and transparency requirements set forth by the new rules.

4. Continuously Adopting Advanced Technologies

OrangeX fully understands that stringent anti-money laundering (AML) measures are crucial for protecting users and ensuring the compliant development of the platform. Recently, in addition to OrangeX’s existing database, they have integrated Slowmist’s AML system (https://www.misttrack.io/) and CipherOwl, which are also used by major crypto exchanges globally. This enables OrangeX to more comprehensively scan transactions and prevent virtual assets from flowing through our platform to sanctioned or high-risk addresses.

OrangeX recognizes the importance of adhering to regulatory standards. We maintain active communication with regulators and are instrumental in developing our compliance architecture and keep focusing on implementing the necessary measures to uphold the highest standards of security and transparency for the users. All efforts underscores OrangeX’s long-term vision of building a secure, trusted, and innovative platform for its users.

A Bright Future for the EU Crypto Market

The introduction of MiCAR signals a new era of opportunity for cryptocurrency service providers, customers, and affiliates. By standardizing regulations across the EU, MiCAR is expected to enhance market credibility, attract more institutional investors, and create a safer environment for all stakeholders.

OrangeX views these developments as an opportunity to lead by example in promoting a compliant and forward-thinking crypto ecosystem. The exchange is committed to collaborating closely with EU regulators to ensure its operations align with MiCAR’s requirements, setting the stage for future growth and innovation.

About OrangeX

Established in 2021, OrangeX operates a high-standard cryptocurrency trading platform with the most advanced technology, skilled staff, and experienced financial expertise. OrangeX provides its users with services including derivatives trading, spot trading, one-click copy trading, and a fiat gateway to purchase cryptocurrencies. Now OrangeX boasts a client base of over 2.6 million users because of its technical advantages and professional services.

For more information, please visit: Website | Twitter | Telegram | CoinMarketCap | CoinGecko

For media inquiries, please contact: marketing@orangex.com

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SOURCE OrangeX

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DUBAI, UAE, Dec. 31, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is excited to announce the next major Launchpad project, Xterio token (XTER), with 7,500,000 XTER in rewards for early subscribers. Bybit users now have the opportunity to delve into the GameFi economy and earn rewards through two stages: by subscribing to the token on Bybit Launchpad by Jan. 7, and by completing simple tasks to unlock additional prize pools following XTER’s Spot listing on Jan. 8.

Xterio is an AI-powered blockchain gaming platform built on the Layer 2 OP Superchain ecosystem. Xterio’s innovative approach to combining gaming and rewards has attracted high-caliber investors and developers. The project has raised over $80 million in funding and boasts strong backing from Binance Labs, Makers Fund, DST Global, and over 70 partners.

XTER Subscription – How to Participate:

During the subscription period, users have two options to share in the 7,500,000 XTER rewards:

• Subscribing to Buy XTER with MNT for a chance to win from the total pool of 3,750,000 XTER (with an individual cap of 7,500 XTER).
• Joining the lottery with USDT to win XTER allocation from another 3,750,000 XTER prize pool (with an individual cap of 4 lottery tickets per users).

To participate, eligible users must maintain a daily average balance of 50 MNT or 100 USDT during the Snapshot Period from Jan. 3 to 7, 2025. The required amount must be committed during the Subscription Period from 3:30 AM UTC to 8:50 AM UTC on Jan. 8, and tokens will be allocated by 9:59 AM UTC on the same day.

XTER Spot Listing – More Rewards Head

From Jan. 7 to 22, 2025, Bybit users can also unlock two additional XTER prize pools by completing simple tasks:

1. Users may register for the XTER Token Splash and complete deposit and trading tasks for a chance to earn from a 300,000 XTER prize pool; and
2. The XTER Puzzle Hunt allows participants to collect puzzle pieces to unlock another 300,000 XTER prize pool.

Xterio on Bybit Web3: A Rising Star in Blockchain Gaming

Xterio also provides a robust and vibrant ecosystem through its strategic partnerships. Recently featured on Bybit Web3’s GameFi SNZ, Xterio ranked 4th among a formidable list of contenders, where its supporters shared a 38,000 XTER prize pool on Bybit.

By subscribing to and trading the native XTER token, Bybit users have the chance to get ahead in the rapidly growing blockchain gaming sector.

“We are excited to bring Xterio to Bybit Launchpad, offering our users a unique opportunity to get in early on the future of blockchain and AI gaming,” said Emily Bao, Head of Web3 and Spot at Bybit.

Bybit Launchpad offers a transparent platform allowing users to participate in high-potential blockchain projects at attractive prices in the early stages. Curated by blockchain experts, Launchpad projects often gain strong community support before landing on Bybit Spot, where users benefit from the platform’s robust infrastructure, safe trading environment, and deep liquidity.

For a detailed timeline on Bybit Launchpad and Bybit Spot, (terms and conditions apply), users may find out more from the announcement – Xterio (XTER) on Bybit Launchpad 3.0: Now Live, and visit Bybit Launchpad.

#Bybit / #TheCryptoArk

About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.

For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: media@bybit.com
For updates, please follow: Bybit’s Communities and Social Media

Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube

Logo – https://www.007stockchat.com/wp-content/uploads/2024/03/Logo.jpg

View original content:https://www.prnewswire.co.uk/news-releases/bybit-launchpad-onboards-xterio-opening-up-opportunities-in-blockchain-gaming-for-users-302340608.html

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NEW YORK, Dec. 30, 2024 /PRNewswire/ — Bit Digital, Inc. (Nasdaq: BTBT) (“Bit Digital” or the “Company”), a global platform for high-performance computing (“HPC”) infrastructure and digital asset production headquartered in New York, announced today that is has acquired the real estate and building for a build-to-suit 5MW Tier-3 data center expansion project in Montreal, Canada. This acquisition is part of Bit Digital’s strategy to expand its HPC data center footprint to 32MW during 2025. This site also comprises part of Bit Digital’s 288MW proprietary pipeline announced earlier this year. 

Bit Digital purchased the site (“MTL2“) for CAD $33.5 million (approximately USD $23.3MM assuming a CAD/USD exchange rate of 0.70) excluding fees. The acquisition closed on December 27, 2024. Bit Digital initially funded the purchase with cash on hand and is in the process of securing mortgage financing for both the site acquisition and subsequent infrastructure capex.   

The Company expects to spend approximately CAD $27.6 million (approx. USD $19.3MM) to develop the site to Tier-3 standards with an initial gross load of 5MW. The site is expected to be completed and operational by May 2025. 

MTL2, a 160,000 square feet site that was previously used as an encapsulation manufacturing facility, is located in Pointe-Claire, QC. Bit Digital plans to retrofit the site with advanced cooling technology, including direct-to-chip liquid cooling, which enhances energy efficiency and supports AI and other high-performance workloads with 150kW rack density. The Company is collaborating with third parties to implement a heat reject loop to further enhance the sustainability profile of the datacenter. The facility will be powered by 100% renewable hydroelectricity provided by Hydro-Quebec. Additionally, the site offers the potential to expand, enabling scalable growth aligned with market demand. 

Sam Tabar, Bit Digital’s CEO, commented: “This site acquisition marks an important step forward in our data center growth plans. This site is a Class A industrial property that was a former encapsulation manufacturing facility that included premium infrastructure specifications. It is located in one of the most desirable commercial real estate locations in Montreal. By leveraging the existing infrastructure, including over CAD $750 thousand worth of advanced HVAC equipment included in the purchase, we are able to lower our development costs and accelerate our time to market – a key advantage and core tenet of our development strategy. The development timeline aligns with the demands of a new customer that intends to fill the capacity with new generation Nvidia GPUs.

We are in the process of securing cost-effective mortgage financing for this project which we intend to announce upon finalization. We believe this will ultimately showcase Bit Digital’s ability to cost-effectively finance its data center buildout in a non-dilutive manner.” 

About Bit Digital

Bit Digital, Inc. is a global platform for high-performance computing (“HPC”) infrastructure and digital asset production headquartered in New York City. Our bitcoin mining operations are located in the US, Canada, and Iceland. For additional information, please contact ir@bit-digital.com or visit our website at www.bit-digital.com.

Investor Notice

Investing in our securities involves a high degree of risk. Before making an investment decision, you should carefully consider the risks, uncertainties and forward-looking statements described under “Risk Factors” in Item 3.D of our Annual Report on Form 20-F for the fiscal year ended December 31, 2023 (“Annual Report”). Notwithstanding the fact that Bit Digital Inc. has not conducted operations in the PRC since September 30, 2021 we have previously disclosed under Risk Factors in our Annual Report: “We may be subject to fines and penalties for any noncompliance with or any liabilities in our former business in China in a certain period from now on.” Although the statute of limitations for non-compliance by our former business in the PRC is generally two years and the Company has been out of the PRC, for more than two years, the Authority may still find its prior bitcoin mining operations involved a threat to financial security. In such event, the two-year period would be extended to five years. If any material risk was to occur, our business, financial condition or results of operations would likely suffer. In that event, the value of our securities could decline and you could lose part or all of your investment. The risks and uncertainties we describe are not the only ones facing us. Additional risks not presently known to us or that we currently deem immaterial may also impair our business operations. In addition, our past financial performance may not be a reliable indicator of future performance, and historical trends should not be used to anticipate results in the future. Future changes in the network-wide mining difficulty rate or bitcoin hash rate may also materially affect the future performance of Bit Digital’s production of bitcoin. Actual operating results will vary depending on many factors including network difficulty rate, total hash rate of the network, the operations of our facilities, the status of our miners, and other factors. See “Safe Harbor Statement” below.

Safe Harbor Statement

This press release may contain certain “forward-looking statements” relating to the business of Bit Digital, Inc., and its subsidiary companies. All statements, other than statements of historical fact included herein are “forward-looking statements.” These forward-looking statements are often identified by the use of forward-looking terminology such as “believes,” “expects,” or similar expressions, involving known and unknown risks and uncertainties. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, they do involve assumptions, risks and uncertainties, and these expectations may prove to be incorrect. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company’s actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in the Company’s periodic reports that are filed with the Securities and Exchange Commission and available on its website at http://www.sec.gov. All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements.

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SOURCE Bit Digital, Inc.

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