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The inside story of how Meta’s (Facebook) crypto hopes unraveled

A few weeks back, the news became public that Facebook stablecoin project Diem was finally shutting down.

The post The inside story of how Meta’s (Facebook) crypto hopes unraveled appeared first on CryptoSlate.

Pro-crypto Candidate Yoon Suk-Yeol Wins South Korea’s Presidency

South Korea is set to have a new president in May following a win by Yoon Suk-Yeol who platformed on crypto deregulation, among other issues

The post Pro-crypto Candidate Yoon Suk-Yeol Wins South Korea’s Presidency appeared first on Blockworks.

Exclusive DappRadar Report: How Russia’s War and the West’s Response is Impacting Crypto

Russia's unprovoked war on Ukraine is shaking up crypto in unprecedented ways.

Skechers to Open Virtual Showroom in Decentraland

Skechers to Open Virtual Showroom in Decentraland

Sneakers brand, Skechers has entered the metaverse by becoming the first to sign a lease in the Fashion District of Decentraland, a decentralized VR platform built on top of the Ethereum blockchain. The company has also recently filed trademark applications to sell virtual goods such as footwear and apparel, in a bid to capitalize on the growing metaverse wave. “Our Decentraland agreement is an investment in our future,” said Michael Greenberg, president of Skechers, in a release. “We look forward to embarking on this virtual era, and exploring creative ways for our brand to engage with new customers and audiences as we launch the new Skechers experience.” With the latest deal with Decentraland, Skechers follows in the footsteps of a growing number of fashion brands who have already staked their claim including Philip Plein, who recently brought a 1.4 million dollar plot in the virtual world. Earlier, last year, Canadian company Token.com announced the acquisition of a 116 parcel estate in the Fashion Street district within Decentraland via its subsidiary, Metaverse Group. At the time Decentraland declared this to be the largest metaverse land acquisition to date. Many global high fashion brands are entering the metaverse. For instance, Gucci and Ralph Lauren already have virtual pop-up shops on Roblox and Zepeto while brands such as Balmain and Adidas have launched their own NFT collections.

The post Skechers to Open Virtual Showroom in Decentraland appeared first on Cryptoknowmics-Crypto News and Media Platform.

Harnessing the Power of Blockchain to Build a Secure Future for Veterans, Attend ‘Leave No Veteran Behind’ on May 12

TAMPA, FLA., Mar 11, 2022 - (ACN Newswire) - The VetCoin Foundation 501c3, a non-profit organization working with the veteran community to provide them with a more stable and secure future by using blockchain technology, is organizing a one-day event called 'Leave No Veteran Behind' in Tampa, Florida, on May 12, 2022. This event aims to bring veterans under one roof and explore new options in the Web3/Metaverse, a market expected to grow to $8 Trillion in the next decade.

With National Military Appreciation Month celebrated every year in May, the event is appropriately timed to serve as a platform to educate the veterans about possible solutions that blockchain could offer to build a bright future. The event organizers will also recognize a local veteran-owned business with a business incubator grant, and all attendees will be given a free NFT as a token of appreciation.

"The goal of the Vetaverse is to help the heroes create a better and secure future by utilizing the power of new technologies such as blockchain and web3. The purpose of this event is to offer a platform to our veteran community to gather and learn from the experts and be aware of the options that are available today," said Dr. Aaron Bazin, President of VetCoin Foundation.

War changes people. Hence, it is even more crucial to help the veteran community create a safe future with financial security as the topmost priority. At present, there are 17 million veterans in the country, and women vets are turning into the fastest growing homeless population in the USA. "The situation is alarming and needs immediate action. We have to help our veterans who are struggling with problems like mental health issues, financial insecurity, difficulty accessing capital, biggest of them being homelessness," Dr. Bazin added.

The VetCoin Foundation's value proposition is based on three principles - connect, enable, and transform. The organization's overarching aim is to provide veterans with access to the blockchain economy and will allow them to buy and invest in building their future. The token VetCoin is entirely secure, fully transparent, and the first cryptocurrency dedicated to the veteran community.

Dr. Bazin said about VetCoin, "VetCoin is an ERC-20 token on the secure Polygon blockchain. The number of tokens commemorates June 14, 1775, the founding day of the U.S. Armed Forces. Our mantra is to give back to the community with each transaction."

The VetCoin team is a brilliant mix of US servicemen and civilians with extensive blockchain experience, making this project come to life. The organization's core values can be summed up in one word, "SERVICE": selfless business model, empathy, resilience, vision, integrity, courtesy, and empowerment.

Visit VetCoin's website (https://vetcoinhq.com/private-sale/) to participate in the token pre-sale until March 15th, 2022. Don't miss the opportunity to join the Vetaverse!

Dr. Aaron Bazin
The VetCoin Foundation
[email protected]

Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.comThe VetCoin Foundation 501c3, a non-profit organization working with the veteran community to provide them with a more stable and secure future by using blockchain technology, is organizing a one-day event called 'Leave No Veteran Behind' in Tampa, Florida, on May 12, 2022.

A crypto bull wins the presidency: What it means for South Korea

ICOs, revamped taxation, and investor protection reverse a past crypto reluctance under the incoming administration.

Data Shows US Consumer Prices Hit a 40-Year High, Biden Blames Inflation on ‘Putin’s Aggressive Actions’

Data Shows US Consumer Prices Hit a 40-Year High, Biden Blames Inflation on 'Putin’s Aggressive Actions'Following the record 7.5% high for January, the U.S. Labor Department’s Consumer Price Index (CPI) data shows February’s CPI metrics rose to 7.9%. The CPI data published on Thursday is a new 40-year high and month over month, inflation jumped by 0.8%. President Joe Biden is blaming the inflation spike on Russia’s invasion, as he […]

Eisai to Present New Lecanemab Data Exploring Distinct Mechanism of Action and Clinical Outcomes, Disease State (DSE) Symposium, and Other Pipeline Assets at the...

TOKYO, Mar 11, 2022 - (JCN Newswire) - Eisai Co., Ltd. announced today the company will present research from its robust Alzheimer's disease (AD) pipeline, including the latest findings on lecanemab, Eisai's investigational anti-amyloid beta (Abeta) protofibril antibody for the treatment of early AD at the AD/PD 2022 International Conference on Alzheimer's and Parkinson's Diseases (AD/PD) from March 15-20 in Barcelona, Spain and virtually.

The lecanemab data and additional research findings from Eisai's clinical development programs will be featured in 13 presentations. Lecanemab was granted Breakthrough Therapy and Fast Track designations by the U.S. Food and Drug Administration (FDA) in June and December 2021, respectively. Eisai anticipates completing lecanemab's rolling submission of a Biologics License Application for the treatment of early AD to the FDA under the accelerated approval pathway in the first quarter of Eisai's fiscal year 2022, which begins April 1, 2022. Additionally, the readout of the Phase 3 confirmatory Clarity AD clinical trial will occur in the Fall of 2022. Eisai initiated a submission to the Pharmaceuticals and Medical Devices Agency (PMDA) of application data of lecanemab under the prior assessment consultation system in Japan in March 2022.

"Four key presentations at AD/PD 2022 advance our understanding of the mechanism of action of Eisai's investigational anti- Abeta protofibril antibody lecanemab and the therapy's clinical and safety profile, including amyloid related imaging abnormalities, or ARIA, from the Phase 2b study and open-label extension, in the potential treatment of early Alzheimer's disease," said Michael Irizarry, M.D., Senior Vice President, Deputy Chief Clinical Officer, Neurology Business Group, Eisai Inc. "In addition to lecanemab, Eisai's robust pipeline includes compounds targeting the tau pathway, other pathways leading to neurodegeneration, and the testing of combination therapies that may be the optimal approach to treat or even prevent Alzheimer's disease."

The focus on AD has historically been on alleviating cognitive, functional, and behavioral symptoms, but there has been significant progress in understanding the biological mechanisms of the disease. Eisai's investigational pipeline aims to treat the range of underlying pathophysiology, including amyloid, tau and neurodegeneration.

"Because of the robust design of the lecanemab Phase 2b study, Eisai was able to design the Phase 3 confirmatory Clarity AD clinical trial to optimally verify lecanemab's clinical efficacy and safety in early Alzheimer's disease," said Ivan Cheung, Chairman, Eisai Inc., Senior Vice President, President Neurology Business Group and Global Alzheimer's Disease Officer, Eisai Co., Ltd. "Part of the recruitment strategy for the Clarity AD confirmatory trial was to ensure greater inclusion of ethnic and racial populations. While there is still important work to be done in ensuring minority populations' participation in clinical trials, Eisai is proud that approximately 25% of the total U.S. enrollment in Clarity AD consists of African American and Hispanic persons living with early Alzheimer's disease, which mirrors the U.S. Medicare population."

This release discusses investigational uses of an agent in development and is not intended to convey conclusions about efficacy or safety. There is no guarantee that such investigational agent will successfully complete clinical development or gain health authority approval.

For more information, visit https://www.eisai.com/news/2022/news202218.html.


Copyright 2022 JCN Newswire. All rights reserved. www.jcnnewswire.comEisai Co., Ltd. announced today the company will present research from its robust Alzheimer's disease (AD) pipeline, including the latest findings on lecanemab, Eisai's investigational anti-amyloid beta (Abeta) protofibril antibody for the treatment of early AD at the AD/PD 2022 International Conference on Alzheimer's and Parkinson's Diseases (AD/PD) from March 15-20 in Barcelona, Spain and virtually.

KTC and JCB launch the first JCB ULTIMATE Credit Card in Thailand

TOKYO & BANGKOK, Mar 11, 2022 - (ACN Newswire) - Krungthai Card Public Company Limited., one of the leading card issuing company and JCB International Co., Ltd., the international operations subsidiary of JCB Co., Ltd., Japan's only international payment brand, announce the launch of issuing the KTC JCB Ultimate Credit Card in Thailand.


Ultimate is the highest status card to accommodate higher income customer and KTC JCB ULTIMATE Credit Card will be the first issued JCB Ultimate card in Thailand. KTC JCB ULTIMATE cardholders will be able to enjoy the JCB Ultimate service additionally to the JCB Platinum service which offers special benefits at restaurants and online merchants. In addition, KTC will provide 2x KTC FOREVER points when spend in foreign currency (other than THB) and card members can enjoy 2 times complimentary access to Royal Silk Lounge when flying international flights or domestic flights within Thailand with Thai Airways or Thai Smile Airways.

Mr Rathian Srimongkol, President & Chief Executive Officer "KTC" or Krungthai Card Public Company Limited, said, "KTC was honored by JCB to be the first credit card in Thailand to issue a credit card of the highest status, that is, the 'KTC JCB ULTIMATE Credit Card' to expand the membership base to those who earn 50,000 baht or more, love to travel with a taste of fine dining, and often shop online. KTC truly hopes that the special privileges of the card will be the go-to option for those that love everything Japanese and have fun with living like the "Live life that is 'Ultimately Yours'" slogan.

Mr Ryo Morita, Managing Director of JCB International (Thailand) Company Limited said, "We are delighted to announce the first JCB Ultimate card in Thailand with KTC. Our Ultimate service focuses mainly on online merchants to accommodate to the new normal. JCB has analyzed the payment transaction to match the need and we strongly believe that the new issued card will fit to the lifestyles of our customer. We are also preparing for exclusive offers for overseas traveling especially in Japan after the boarder is open."

About KTC

KTC is a Thailand's leading credit card company founded in 1996, and operates issuing business, acquiring, payment service provider, and personal loan. KTC's strategy focuses on building membership base to sustain company's profits in which credit card and personal loan are core businesses. Besides, the company has offered other related businesses to satisfy its members. As of December 30, 2021, KTC had over 2.5 million credit card accounts. For more information, please visit: https://www.ktc.co.th/en

About JCB

JCB is a major global payment brand and a leading credit card issuer and acquirer in Japan. JCB launched its card business in Japan in 1961 and began expanding worldwide in 1981. Its acceptance network includes about 37 million merchants around the world. JCB Cards are now issued mainly in Asian countries and territories, with more than 140 million cardmembers. As part of its international growth strategy, JCB has formed alliances with hundreds of leading banks and financial institutions globally to increase its merchant coverage and cardmember base. As a comprehensive payment solution provider, JCB commits to providing responsive and high-quality service and products to all customers worldwide. For more information, please visit: www.global.jcb/en/

Contacts

KTC
Kandtharat Chermchitphong
Paradee Thesratanavong
Public Relations
Tel: +63-2-828-5049
Email: [email protected]

JCB
Ayaka Nakajima
Corporate Communications
Tel: +81-3-5778-8353
Email: [email protected]

Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.comKrungthai Card Public Company Limited., one of the leading card issuing company and JCB International Co., Ltd., the international operations subsidiary of JCB Co., Ltd., Japan's only international payment brand, announce the launch of issuing the KTC JCB Ultimate Credit Card in Thailand.

Telefonica Vivo Launches 5G-Ready IP Transport Network with Cisco and NEC to Provide Seamless Connections Across Brazil

SÃO PAULO, Brazil, SAN JOSE, Calif., and TOKYO, Japan , Mar 11, 2022 - (JCN Newswire) - Cisco and NEC Corporation today announced that Telefonica Vivo is deploying a simplified and automated, 5G-ready IP network for its converged mobile and fixed networks as part of the Fusion Network Project in Brazil supported by industry-leading solutions from the vendors. Cisco and NEC have been closely collaborating in Brazil for over 10 years and now are a part of a Global System Integrator Agreement (GSIA) signed in 2020, enabling them to seamlessly deploy an automated transport 5G-ready network for Telefonica Vivo.

Telefonica designed the Fusion Network Project as a platform for incorporating services into a single network infrastructure, offering advanced communications services, and transforming the customer experience. Leveraging the power of automation, the project aims to offer a more agile, scalable, and flexible network with improved reliability for both residential users and enterprises in the 5G era.

As defined in the Fusion Network Project, Cisco and NEC will work together to optimize Telefonica Vivo's total cost of ownership (TCO) and increase business agility by simplifying its network architecture and operations, converging mobile and fixed networks, and automating multi-layer networks across packet, optical and microwave domains. In addition, Segment Routing IPv6 will be implemented to enable a unified architecture with network slicing capabilities.

The simplification and automation of a multi-domain, multi-layer converged network coupled with segment routing, will increase Telefonica Vivo's network scalability and flexibility as it prepares to launch 5G. The Fusion Network Architecture will provide the scalability and flexibility needed to design and deliver new services.

As part of the agreement, Cisco will provide industry-leading network equipment including ASR 9000 and NCS 540 series routers for IP transport, Cisco Crosswork Network Controller as the multi-vendor SDN solution, and Cisco Crosswork Hierarchical Controller to enable multi-vendor and multi-layer automation within the Fusion Network domain. Cisco will serve as the key networking advisor leveraging a long-standing relationship and in-depth understanding of Telefonica Vivo's network.

Also building on a strong relationship and knowledge of the Telefonica Vivo network, NEC will serve as the key network integrator and provide local engineering capabilities with 5G xHaul transformation services to deliver a scalable migration for thousands of nodes.

"Since the transport network will play a key role in supporting innovative customer experiences and new services built on 5G, we needed trusted partners with a solid track record and local delivery capabilities," said Elmo Matos, Planning Director, Telefonica Vivo.

"Building on our partnership with NEC, we are pleased to enable Telefonica Vivo in providing faster, more seamless connections through a more modern, simplified network," said Shaun McCarthy, Vice President of Worldwide Sales, Mass Infrastructure Group, Cisco. "It is a great honor for Cisco to help be the bridge that is bringing the Internet for the Future to Brazil."

"NEC is honored to be selected as key partner for the Fusion Network Project, which is foundational to blossoming digital experiences in 5G," said Mayuko Tatewaki, General Manager, Service Provider Solutions Division, NEC Corporation. "With Cisco's trusted solutions combined into NEC's 5G xHaul Automation Ecosystem and further extended by our network integration capabilities globally and regionally, we are confident the implementation of the next-gen network will help deploy immersive 5G services in Brazil."

About Telefonica

Telefonica is a leading telecommunications service provider globally. The company offers fixed and mobile connectivity, as well as a wide range of digital services for individual consumers and enterprises. Telefonica has 367 million clients spanning Europe and Latin America. Telefonica is a private company whose shares are listed as TEF on the Bolsa de Madrid, the New York Stock Exchange, and the Bolsa de Valores de Lima.

https://www.telefonica.com/es/home

About Cisco

Cisco (NASDAQ: CSCO) is the worldwide leader in technology that powers the Internet. Cisco inspires new possibilities by reimagining your applications, securing your data, transforming your infrastructure, and empowering your teams for a global and inclusive future.

Cisco and the Cisco logo are trademarks or registered trademarks of Cisco and/or its affiliates in the U.S. and other countries. A listing of Cisco's trademarks can be found at new windowwww.cisco.com/go/trademarks. Third-party trademarks mentioned are the property of their respective owners. The use of the word partner does not imply a partnership relationship between Cisco and any other company.

About NEC Corporation

NEC Corporation has established itself as a leader in the integration of IT and network technologies while promoting the brand statement of "Orchestrating a brighter world." NEC enables businesses and communities to adapt to rapid changes taking place in both society and the market as it provides for the social values of safety, security, fairness and efficiency to promote a more sustainable world where everyone has the chance to reach their full potential. For more information, visit NEC at https://www.nec.com.


Copyright 2022 JCN Newswire. All rights reserved. www.jcnnewswire.comCisco and NEC Corporation today announced that Telefonica Vivo is deploying a simplified and automated, 5G-ready IP network for its converged mobile and fixed networks as part of the Fusion Network Project in Brazil supported by industry-leading solutions from the vendors.

PAVmed Subsidiary Veris Health Launches World-Class Technology Advisory Board

Silicon Valley luminaries, led by Apple alumnus and NeXT Computer co-founder Rich Page, to support the company’s technology development, data and analytics, and consumer engagement strategy NEW YORK–(BUSINESS WIRE)–$PAVM #DigitalHealth—PAVmed Inc. (Nasdaq: PAVM, PAVMZ) (“PAVmed”), a diversified commercial-stage medical technology company today announced that its majority-owned digital health subsidiary Veris Health (“Veris”) has launched a […]

The post PAVmed Subsidiary Veris Health Launches World-Class Technology Advisory Board appeared first on Fintech News.

Tekion Launches Automotive Enterprise Cloud

An end-to-end digital retail experience connecting brand, retailer and consumer PLEASANTON, Calif.–(BUSINESS WIRE)–Tekion, innovator of the Automotive Retail Cloud® (ARC), the first and fastest cloud-native automotive retail SaaS platform, today announced the launch of its Automotive Enterprise Cloud (AEC) to unify the Original Equipment Manufacturer (OEM), retailer, and consumer vehicle purchase journey from website to […]

The post Tekion Launches Automotive Enterprise Cloud appeared first on Fintech News.

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