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Tag: second quarter

Ethereum Median Fees Slip to 6-Month Low, Will this Reignite Rebound?


Ethereum's median fees dropped to lows not seen since July 2021, raising the question of whether a rebound is on the horizon. (Read More)

CORRECTING and REPLACING Ethernal Labs Raises $20 Million in Seed Round to Continue Building an NFT Tech, Metaverse, and Play-2-Earn Gaming Giant Based on...

The offering combines two NFT & metaverse marketplaces, a social platform for fan tokens, avatars, and white label solutions on a one-stop-shop virtual ecosystem. LOS ANGELES–(BUSINESS WIRE)–First paragraph, second sentence of release dated February 10, 2022, should read: The announcement follows a $20 million raise during its seed round, with investors including Riot Games Head […]

The post CORRECTING and REPLACING Ethernal Labs Raises $20 Million in Seed Round to Continue Building an NFT Tech, Metaverse, and Play-2-Earn Gaming Giant Based on Ethernity’s Licensed IP appeared first on Fintech News.

Bitmain signs 500MW joint venture with sustainable BTC miner Merkle Standard

Sustainable Bitcoin mining gets a boost from the joint venture between mostly hydro-powered BTC miners Merkle Standard and infrastructure provider Bitmain.

StoneX Becomes a Member of the Platinum Group Metals Auction

StoneX Group Inc, a financial services firm specializing in securities and commodities trading, announced on Thursday that its subsidiary business based in London, StoneX Financial Ltd ('SFL'), has...

Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces Investigation of Affirm Holdings, Inc. (AFRM) on Behalf of Investors

LOS ANGELES–(BUSINESS WIRE)–Glancy Prongay & Murray LLP (“GPM”), a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of Affirm Holdings, Inc. (“Affirm” or the “Company”) (NASDAQ: AFRM) concerning the Company’s possible violations of the federal securities laws. If you suffered a loss on your Affirm investments or […]

The post Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces Investigation of Affirm Holdings, Inc. (AFRM) on Behalf of Investors appeared first on Fintech News.

Reflex Finance Next Big Crypto, Shatters all Launch and Growth Records

Just 10 hours after the launch, the project already had 2,696 holders, $806,278 paid out in BUSD, and a $22M MCap. At the moment, there are over 4,000 holders and $1M already paid out in BUSD. In addition to exciting news, the project is bringing a secret utility in Q4.

The financial platform is creating a solid and infinite growing community. With its innovative and experienced team, Reflex Finance offers the crypto community a stable way of earning passive income. The project aims to disrupt and revolutionise the industry to benefit the crypto community ultimately.

Legion Launchpad at Work!

Recently, a Reflex Finance-backed project dubbed the Legion Launchpad will go live in the first quarter of 2022.  The launchpad aims to create a 100% secure token launching platform that is rug-proof on their network. According to Reflex's team, the launchpad was made by the people for the people. In addition, the team suggested that Reflex does not have long waiting periods or ignores new projects like PinkSale.  

By merging an all-in-one dex and launching platform, your buying power will be quicker and more precise on locking in costs and benefiting the community. The accelerated buyback and burn also helps the project to run fast. Notably, on Feb 2, the projects were listed on CMC and CG .

Staking to Earn on Reflex

Members of the Reflex community can stake their $REFLEX tokens on the staking dapp to obtain staking incentives in the native token. The Reflex Finance staking scheme is unusual in that, in addition to collecting $Reflex, stakers can also receive BUSD when they unstake. It's essentially the same as having a savings account with interest.

There is a 10% penalty if you unstake the total funds and lose stake incentives. Reflex will lock the APR of your stake. As a result, whether the project grows or decreases, the holder, who is locked in at the existing APR, will be unaffected. The staking period ranges from 7 days to 180 days with 5% to 40% APR ranges.

Tokenomics 

The total supply of $REFLEX is at one quadrillion. The ongoing presale will utilize 32% of the tokens and close on February 12, 2022, at 16:15 UTC. The presale rate is 1 BNB (400,000,000,000 Reflex tokens). The minimum purchase will be 0.1 $BNB, while the maximum will be 5 $BNB.

Note that the smart contract will distribute 8% of the total volume to all token holders. As a deflationary token, 1% of the tokens will be repurchased and burnt over time. Similarly, 34.1 % of the total token supply was burned before the presale. 

Reflex has set the locked liquidity for 14.9%. The individuals of the private sale are contractually obligated to hold $REFLEX for six months after launch. Meanwhile, the project reserves 3% of the tokens for future hires. Future hires will grow as the platform unlocks new features and brings in more use cases. 

The private sale will account for 14% of all the tokens. 2% of the total supply represents the team tokens, and the project will never sell these coins. The project will only pay the team in $BUSD reflections.

Roadmap Details

The first quarter of 2022, according to the roadmap, has already had a PinkSale presale, KYC, and Interfi audit. There has already been a Pancakeswap listing, CMC, and CG listing, all within a day of its launch. Meanwhile, its marketing campaign has just set off. In addition, we expect to see an NFT marketplace, $REFLEX staking pool, and dApp integration.

In the second quarter of 2022, there will be an NFT giveaway, team expansion, and a play-to-earn game launch. There will also be the wallet app launch, DEX listings, and voting.

In Q3 of 2022, Reflex Finance will give a sneak peek of the secret utility that they believe will disrupt the crypto space for the better. There will also be more exchange listings and $REFLEX merchandise. 

Towards the end of the year, in Q4, there will be a $REFLEX exchange, team expansion, and Reflex influencer marketplace.

About Reflex Finance

Reflex Finance is a cutting-edge liquidity generation and staking platform that allows you to earn consistent passive income. The project included an anti-whale mechanism to safeguard smaller investors. According to the team, the project aims to develop different income streams and new possibilities for the community.

Website: https://reflexfinance.net/ 

Telegram: https://t.me/reflexfinanceOfficial 

Twitter: https://twitter.com/Reflex_Finance 

Instagram: https://www.instagram.com/reflexfinanceofficial/ 

YouTube: https://m.youtube.com/channel/UCIcGozPp0vTrLbtc83AgzFg 

Discord: https://discord.gg/reflexfinance 

Reddit: https://www.reddit.com/r/ReflexFinance/

Mainboard-listed BBR awarded S$363 million contract for design and construction of Pasir Ris East Station for Cross Island Line 1

SINGAPORE, Feb 9, 2022 - (JCN Newswire) - Mainboard-listed BBR Holdings (S) Ltd ("BBR" or "the Group") today announced that the Land Transport Authority ("LTA") has awarded a S$363 million civil contract for the design and construction of Pasir Ris East station, under the first phase of the Cross Island Line (CRL1), to Singapore Engineering & Construction Pte. Ltd. and Sinohydro Corporation Limited (Singapore Branch) Joint Venture.

Mr Andrew Tan, BBR's Chief Executive Officer said: "We are delighted in winning the LTA's contract for the Pasir Ris East Station for Cross Island Line 1. Together with our joint venture partner Sinohydro Corporation, we will do our best to make the project a success."

Singapore Engineering and Construction Pte Ltd is a wholly owned subsidiary of BBR. It is one of Singapore's most established civil engineering and construction specialists. The company's previous projects included the construction of Tai Seng Facility Building which serves the Downtown Line and the widening of Keppel Viaduct.

Construction works for the CRL1 Pasir Ris East station are expected to start in the second quarter of this year, with passenger service expected to commence in 2030.

BBR Holdings (S) Ltd (For more information: www.bbr.com.sg)

BBR Holdings (S) Ltd ("BBR") is one of Singapore's leading construction groups with more than 25 years of industry experience. It currently comprises four core business segments spanning across General Construction, Specialised Engineering, Property Development and Green Technology. The BBR Group is well-positioned to meet the urbanisation challenge in Asia with its proven track record and good combination of innovative engineering with specialist know-how in construction methods. It has business presence in key markets such as Singapore, Malaysia, Thailand, and the Philippines. Listed in 1997 on SESDAQ, SGX's then second board, BBR was subsequently upgraded to the Mainboard in September 2006.

About the CRL1

CRL1 is Singapore's eighth MRT line. It will serve existing and future developments in the eastern, north- eastern and western corridors, linking major hubs such as Jurong Lake District, Punggol Digital District and Changi region. CRL1 is 29 kilometres long and comprises 12 stations from Aviation Park to Bright Hill. This will serve residential and industrial areas in Loyang, Tampines, Pasir Ris, Defu, Hougang, Serangoon North and Ang Mo Kio and benefit more than 100,000 households. With CRL1, common recreational spaces such as Changi Beach Park and Bishan-Ang Mo Kio Park will be more accessible by public transport. Studies on the details of subsequent CRL phases are ongoing. The CRL will have almost half of its stations as interchanges with other rail lines, making it easier and more convenient for commuters to travel across the rail network.

Reference: https://bit.ly/3JeuEj5

Issued on behalf of BBR Holdings (S) Ltd by Waterbrooks Consultants Pte Ltd

Media and Analysts Contact

BBR Holdings (S) Ltd
Ms Chew Nam Yeo
Chief Financial Officer
Tel: +65 6546 5276
Email: [email protected]

Waterbrooks Consultants Pte Ltd
Tel: +65 6958 8002
Wayne Koo
Mobile: +65 9338 8166
Email: [email protected]


Copyright 2022 JCN Newswire. All rights reserved. www.jcnnewswire.comMainboard-listed BBR Holdings (S) Ltd ("BBR" or "the Group") today announced that the Land Transport Authority ("LTA") has awarded a S$363 million civil contract for the design and construction of Pasir Ris East station, under the first phase of the Cross Island Line (CRL1), to Singapore Engineering & Construction Pte. Ltd. and Sinohydro Corporation Limited (Singapore Branch) Joint Venture.

Asian Development Bank and R3 team for cross-border securities transaction system

The cross-border multi-currency securities settlement system will be based on distributed ledger tech.

Quantum Company D-Wave Going Public

BURNABY, British Columbia & PALO ALTO, Calif. & MIAMI — D-Wave Systems Inc., a quantum computing systems, software and services company announced today definitive transaction agreement with DPCM Capital, Inc. (NYSE: XPOA), a publicly traded special purpose acquisition company (“DPCM Capital”). Upon closing of the transaction, which is expected in the second quarter of this […]

The post Quantum Company D-Wave Going Public appeared first on insideHPC.

Marathon Mined 462 Bitcoin In January, Holds 8,595 BTC

The public miner’s production last month was down about 4% from the month prior as Marathon’s operations fluctuated.

US Close: Stocks tumble after Meta’s big miss, Jobless Claims and ISM Services

The tech rebound is officially over after both Facebook owner’s disastrous earnings and a couple major central bank decisions paved the way for borrowing costs to continue to surge. The ECB’s hawkish shift opens the door for tightening this summer.  The BOE had four dissenters that wanted to double today’s rate increase.  Technology stocks are […]

Playtech Receives Acquisition Bid Approach from Gopher-Parent TTB

A day after Playtech shareholders rejected the Aristocrat Leisure acquisition bid, the London-headquartered company said that it has been approached by TTB Partners on behalf of an investor group w...

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