March 9, 2022       /       Unchained Daily       /       Laura Shin Daily Bits ✍️✍️✍️ The SEC is charging John and JonAntina Barksdale, who launched a[...]

The post ETH Gas Fees Drop to August 2021 Lows appeared first on Unchained Podcast.

PRESS RELEASE. Crypto changes quickly, with new tax laws and regulations coming to several countries in 2022, impacting how people need to report their crypto gains on taxes. New regulations in the US are a hot discussion topic among crypto investors, with a bill coming to fruition severely increasing the reporting needs for crypto brokers…

The post Crypto Taxes 2022: Here’s What You Need to Know According to CoinTracking appeared first on Bitcoin News Miner.

The bear market is overwhelming as altcoins trade below their moving averages. In other words, cryptocurrencies are in a downward correction at the bottom of the chart. The biggest losers among the altcoins are trading and buying at lower levels, while the upside is hindered below the moving averages.

The cryptocurrency market has jumped after a shaky couple of days. Affected by the ongoing fallout from the Ukraine-Russia conflict, its total cap had slid [...]

TOKYO, Mar 9, 2022 - (JCN Newswire) - Showa Denko K.K. (SDK) (TOKYO: 4004) announces that it was resolved at the Board of Directors meeting held today that, regarding a plan for transformation from current company structure to holding company structure, the Company will start to consider the plan and prepare for execution of the plan. Execution of the plan is subject to adoption of relevant resolutions by shareholders at an extraordinary general meeting of shareholders, which is planned to be held in late September 2022, and is also subject to approval and authorization by the appropriate authorities. We will announce details of the plan as soon as they are decided.

1. Background and purpose of the consideration

As we stated in "Our Policy toward Realization of 'Co-Creative Chemical Company'," which was announced on February 14, 2022, the Showa Denko Group aims to change the Group into "Company that can compete on the world stage," "Company that contributes to sustainable global society," and "Company that develops talent that represents Japan's manufacturing industry," thereby making the Group "Global Top-Level Functional Chemical Manufacturer from Japan," which is the ideal state of the Co-Creative Chemical Company.

Into the Purpose of the Showa Denko Group, which is "Change society through the power of chemistry," we put our will to have global top-level competence as a chemical manufacturer, to think beyond the conventional boundaries of our individual business activities, and to co-create better society with stakeholders and communities who share a high aim and ideal with us. This is the essence of Co-Creative Chemical Company that we aim to be. Through realization of the Purpose, the Showa Denko Group will continue reforming itself, aiming to become the Global Top-Level Functional Chemical Manufacturer.

In the process to realize the ideal state, the Showa Denko Group will commit itself to realize scale and profitability of the Company which are prerequisites to become a company that can compete on the world stage, execute business portfolio management focusing on strategic allocation of management resources, while maintaining integrity, promoting innovations that bear competitive advantage, and executing personnel strategy focusing on human resource development based on Purpose and Four Values, which are the Showa Denko Group's new Corporate Philosophy.

To become Global Top-Level Functional Chemical Manufacturer, which is our ideal state, and to maximize our corporate value, we will accelerate business portfolio management which enable us to solve global social issues and create sustainable corporate value. Aiming to establish organizational structure optimum for realization of the ideal state, we will consider specific procedures for transformation into a holding company structure.

If the Group transforms itself into a holding company structure, the holding company will specialize in formulating and executing group strategy and functioning as a company listed on the stock exchange. The holding company will cope with management issues quickly and flexibly, and realize appropriate allocation of management resources group-wide from bird's-eye viewpoint, including formation of business alliance and M&A. The newly integrated company (a company involved in manufacturing) will focus on strengthening competitiveness of each business of the Company in order to realize synergy of integration of Showa Denko and Showa Denko Materials as soon as possible, and operate businesses in a quick and flexible manner corresponding to the surrounding environment, thereby enhancing corporate value of the entire Group.

2. Planned process for transformation into holding company structure

The planned process for transformation from current company structure to holding company structure is as follows. We will set the current Showa Denko K.K. as a company to be split, execute the company split, make Showa Denko Materials Co., Ltd. (SDMC), which is a wholly owned subsidiary of HC Holdings K.K. (HCHD), in which SDK holds 100% of voting rights, succeed all businesses currently operated by SDK, and merge HCHD into SDMC. Then we will set SDMC as a company to be split, execute the company split, and make SDK succeed a part of SDMC's assets and liabilities. We will announce the detail of this process as soon as it is decided in the future.

3. Plan for the future

- End of June 2022: Record Date to fix shareholders who can execute voting rights at the extraordinary general meeting of shareholders concerning transformation into holding company structure
- August 2022: Board of Directors' meeting concerning transformation into holding company structure
- September 2022: Extraordinary general meeting of shareholders concerning transformation into holding company structure
- January 2023: Transformation into a holding company structure

About Showa Denko K.K.

Showa Denko K.K. (SDK; TSE:4004, ADR:SHWDY) is a major manufacturer of chemical products serving from heavy industry to computers and electronics. The Petrochemicals Sector provides cracker products such as ethylene and propylene, the Chemicals Sector provides industrial, high-performance and high-purity gases and chemicals for semicon and other industries, the Inorganics Sector provides ceramic products, such as alumina, abrasives, refractory/graphite electrodes and fine carbon products. The Aluminum Sector provides aluminum materials and high-value-added fabricated aluminum, the Electronics Sector provides HD media, compound semiconductors such as ultra high bright LEDs, and rare earth magnetic alloys, and the Advanced Battery Materials Department (ABM) provides lithium-ion battery components. For more information, please visit www.sdk.co.jp/english/.

For further information, contact:
Showa Denko K.K., Public Relations Group, Brand Communication Department, Tel: 81-3-5470-3235


Copyright 2022 JCN Newswire. All rights reserved. www.jcnnewswire.comShowa Denko K.K. (SDK) (TOKYO: 4004) announces that it was resolved at the Board of Directors meeting held today that, regarding a plan for transformation from current company structure to holding company structure, the Company will start to consider the plan and prepare for execution of the plan.

A broad range of threat actors, including Fancy Bear, Ghostwriter, and Mustang Panda, have launched phishing campaigns against Ukraine, Poland, and other European entities amid Russia's invasion of Ukraine. Google's Threat Analysis Group (TAG) said it took down two Blogspot domains that were used by the nation-state group FancyBear (aka APT28) – which is attributed to Russia's GRU military

Both bitcoin and Ethereum decreased by double digits over the weekend because the past week was quite bleak for most cryptocurrencies as we reported in our altcoin news. Now, both Bitcoin and Ethereum struggle to fend off the ongoing bear market. With the uncertain macro environment, most of the coins have been left out in […]

 – March 8, 2022 – Metacurio, the leading NFT creative agency for A-list talent and global brands, today announced it is producing an historic NFT collaboration with Ukrainian star Wladimir Klitschko and legendary artist WhIsBe. The NFT series, which drops Wednesday, features four NFT editions of the artist's “Vandal Gummy” bears in the colors of the Ukrainian flag. The collection will be titled “Vandalz for Ukraine: WhIsBe x Wladimir Klitschko.”

Leading NFT marketplace OpenSea will be hosting the drop. Three editions of “Vandal Gummy” bear NFTs will be available at different price points of $100, $1,000, and $10,000. There will be a 1-of-1 NFT selling for $1MM. All funds from the drop will go directly toward supporting the people of Ukraine during this crisis, with participating partners waiving their fees. The drop sale will last for three weeks starting tomorrow.

“This is not just a chance to own an astonishing piece of art history but, more importantly, an easy way to directly support the people of Ukraine who are in crisis right now,” said Metacurio Founders Sophie Watts and Jeff Hood in a joint statement. “We are humbled to support this cause in every way possible.” 

“It is a magnificent initiative: a support through art, a superb "suppart" at the service of people who suffer,” says Wladimir Klitschko. “Art can be beautiful on many levels when used to serve humanity.”

“I'm grateful for the opportunity to be of service for the greater good,” noted WhIsBe. “It's incredible to be able to use my art and this emerging technology to help others in need and provide immediate relief to any location in the world.”

Wladimir Klitschko, founder, lecturer and longest-reigning heavyweight boxing world champion, and his brother Vitali Klitschko, Mayor of Kyiv and former world boxing champion, have been the faces of Ukrainian resistance to Russia's invasion along with Ukrainian President Volodymyr Zelensky. All proceeds will go to Red Cross Ukraine and UNICEF, ensuring that funds from the NFT sale go directly to the resources most direly needed by Ukraine in its current defense against Russian forces. 

Contemporary artist WhIsBe has established a formidable reputation in not just the renegade world of street art, but also the mainstream art world encompassing the museum, gallery and arena of public installations. WhIsBe entered into the crypto space back in 2017 and became one of the first fine artists to enter into the NFT space in early 2020. He has since made his mark in the community by selling the first non-auction 7 figure NFT and becoming one of the top 10 NFT artists in the world. His moniker, shorthand for “What is Beauty,” is at once innocuous and sweet, while introducing more substantive themes of cultural examination and subversion that underline much of his body of work.

About Metacurio

Metacurio is the world's leading web3 creative agency for leading A-list talent and global brands. The company partners with clients to create boundary-pushing NFT experiences and delivers full-service infrastructure, strategy, and support for each drop. Established in 2021, Metacurio was founded by Blocksquared founder Jeff Hood and former STX Entertainment President Sophie Watts.

Media contact: [email protected]

Company contact: [email protected]

The post Ethereum Set To Plunge Hard ! ETH Price May Drop Below $2k, Here are levels To Watch appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

As the new trading week begins in the United States, the price of Ethereum (ETH) rises dramatically. As it found reliable support around $2,500, the price of ETH may continue to rise in order to find important levels of resistance. Finally, Ethereum  is in a long-term bear market. However, before a definite directional bias, it …

A good ‘people and planet’ ESG policy should make it clear how you're pushing for positive change.

March 7, 2022       /       Unchained Daily       /       Laura Shin Daily Bits ✍️✍️✍️ Revolut banned transfers in Russia and Belarus; Mastercard, Visa, and PayPal[...]

The post This DeFi OG Is Leaving Crypto appeared first on Unchained Podcast.

US, European stocks fall as oil prices skyrocket US stocks declined as surging commodity prices continued to add to worry that economic growth prospects will take a big hit as the Ukraine uncertainty persists.  The crippling effect of oil prices above USD 130 would send many European economies into a recession and that sent major […]