diligence

Grizzly Research Releases Coverage Report on GigaCloud (NASDAQ:GCT)

New York, May 22, 2024 – Grizzly Research has released a comprehensive coverage report on GigaCloud Technology Inc. (NASDAQ: GCT). The report provides an in-depth analysis of GigaCloud’s business operations, highlighting several areas of concern regarding the company’s financial reporting and operational practices. A copy of the report can be found here: Grizzly GCT Report Key Findings: 1.Discrepancies in Gross Merchandise Value (GMV): While GigaCloud reports significant growth in GMV, web traffic data for its B2B marketplace, GigaB2B, indicates low activity. At its peak, the site had only 1,000 visits

SMC Announces LOI to Acquire Chaintrade LTD.

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

BTC Markets launches major cryptocurrency Immutable X (IMX)

MELBOURNE, February 12, 2024 -- BTC Markets, one of Australia’s leading cryptocurrency exchanges, is proud to announce the addition of prominent cryptocurrency, Immutable X (IMX) to their platform, with the trading pair IMX/AUD launched on 7 February. This listing marks a significant expansion of the exchange’s digital currency offerings. Launched in 2018 by Australians James Ferguson, Robbie Ferguson, and Alex Connolly, Immutable X has garnered significant attention and success globally, showcasing a remarkable 455% price growth in 2023 and achieving a market cap exceeding US$2.7 billion. Recognised as a major

Bozo.Finance. A Groundbreaking NFTxTOKEN Solution Revolutionizing Decentralized Finance.

  Bozo.Finance / Bozo Hybrid In an innovative leap forward for the DeFi space, Bozo Hybrid announces the launch of its revolutionary platform - a first-of-its-kind NFTxTOKEN hybrid that is reshaping the landscape of liquidity and asset interchangeability. The Game-Changing Innovation of Bozo HYBRID Bozo HYBRID is not just another project in the blockchain space. It represents a paradigm shift, a true DeFi 2.0 model, by integrating non-fungible tokens (NFTs) with fungible tokens ($bozo tokens) to create a two-way liquidity portal. This hybrid approach is a breakthrough in the market,

InvoiceMate Partners with the DFINITY Foundation and Migrates from Hyperledger Fabric to The Internet Computer Blockchain

  Zurich, Switzerland & Dubai, UAE. The DFINITY Foundation, a not-for-profit research and development organization based in Switzerland and a major contributor to the Internet Computer blockchain (ICP), has announced that it has partnered with InvoiceMate. InvoiceMate.tech will migrate from Hyperledger Fabric to the Internet Computer. The DFINITY Foundation will support InvoiceMate in this transition as it becomes an important part of the ICP ecosystem. InvoiceMate is a blockchain & AI-powered invoicing platform that acts as a bridge between SMEs and financing institutions. InvoiceMate leads to easier financial inclusion by

PreIPO® Chosen to raise $250M for SPiCE Fund II, shortly after SPiCE Fund I named leading VC fund of 2022 in Blockchain Ecosystem.

PreIPO®, a leading provider of innovative financial technology solutions, is pleased to announce a new partnership with SPiCE VC. This partnership will enable PreIPO® to further expand its offerings and bring cutting-edge financial technology to a broader market. SPiCE Fund I has yielded a market leading 50.7% IRR and we are pleased to announce the offering of SPiCE Fund II. SPiCE VC has been deemed the best Venture Capital Fund of 2022 in the blockchain and tokenization ecosystem. Through this partnership, SPiCE Fund II will be featured on the PreIPO®

Paribus. The Hidden Utility.

Despite all the diligence, and dedication of project founders and development teams working day and night in crypto bad actors continuously steal the limelight. It only takes one flaw to lose hundreds of millions of dollars and with such high stakes, no one can afford to be reckless with security. It’s the hidden utility within all of the protocols and websites we interact with on a daily basis. Whether it’s in Web2 or Web3 security is an essential element that we usually only pay attention to when it’s too late.

Too Big to Fail?

Several weeks ago we covered Credit Suisse in some of our articles about risk management and regulations. This week they’ve been in the news again for all the wrong reasons, which may have an impact on the crypto market. Once the darling of Wall Street, Credit Suisse is rapidly turning into its nemesis. Following several multi-million dollar fines, they’ve lurched from one scandal to another. In September 2021 the UK’s Financial Conduct Authority issued a statement saying, “The Financial Conduct Authority has fined Credit Suisse over £147 million for serious

What is a mechanical keyboard group buy? Group buys explained

Many manufacturers of keyboards have products they consistently produce, list, and sell, with regular inventory restocks. These items are often the bread and butter of major keyboard manufacturers, making up a bulk of the business they receive. But for the items that are designed and produced by individuals without a large store of resources to mass-produce their product, group buys act as an integral part of getting their creations to customers. Image via KBDfans Group buys typically begin with an interest check. These interest checks are a method of testing