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Bitcoin Minetrix Cloud Mining Pioneer Sees ICO Power Past $10 Million

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NEW YORK, Feb. 1, 2024 /PRNewswire/ — Tokenized cloud-mining innovator Bitcoin Minetrix ($BTCMTX) has raised more than $10 million from contributors.

The fundraising run rate for the Bitcoin Minetrix ICO is accelerating as the crypto community warms to its unique selling point. Bitcoin Minetrix plans to take cloud mining into the tokenization sphere, bringing greater efficiency to the industry, as well as eliminating the fraudsters.

Currently priced at $0.0132 in Stage 23 of its presale, Bitcoin Minetrix is the only product coming to market that enables participants to access a claim to bitcoin mining revenue, as a utility function of owning the $BTCMTX token. In this way, token holders will also be able to enjoy the passive income that comes from mining bitcoin.  

With less than four days to go before the presale price of the $BTCMTX token rises to $0.0133, there is no time to lose. However, if the target for the current stage of $10,928,040 is reached before then, the offer price will roll over to the next stage before the four days elapse.

Because Bitcoin Minetrix’s business model is based on its connection to the bitcoin mining ecosystem, it makes it a particularly attractive candidate to be among the first crypto killer apps that scale.

https://x.com/bitcoinminetrix/status/1753025507472314613

Bitcoin Minetrix is part of the new wave of killer apps that crypto desperately needs

Recent volatile moves in the bitcoin price highlight, if it were needed, the relative immaturity of the market and its highly speculative nature.

What the crypto industry needs is products that create value through being genuinely useful. Arguably, Bitcoin Minetrix does just that by opening up bitcoin mining opportunities to ordinary consumers interested in gaining exposure to a network that could be the future of money.

With applications such as Bitcoin Minetrix making a pitch to be among the first decentralized applications to gain significant traction, it is exactly what the market needs to move from speculative immaturity to a value-oriented industry delivering products that people want to use.

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Here’s how Bitcoin by Minetrix makes bitcoin cloud mining more accessible and efficient

Bitcoin Minetrix’s advantages over buying mining rigs and trying to set up a business by yourself are obvious in terms of the far lower upfront capital outlay involved in cloud mining.

There’s also no need to worry about getting to grips with the complicated intricacies of the bitcoin protocol.

Running on Ethereum, Bitcoin Minetrix rewards those who deposit the native $BTCMTX token with cloud-mining credits. Each participant in the network can access a percentage of the mining revenue based on the share of cloud-mining credits. The cloud-mining credits are exchangeable for cloud-mining power.

As a tokenized system it means cloud mining with Bitcoin Minetrix becomes a pay-as-you-go system. It will also have the upside of squeezing out the fraudsters.

No longer will the customers of cloud miners need to hand over their hard cash for a cloud mining contract written in opaque language deliberately designed to obfuscate.

By contrast, Bitcoin Minetrix is fraud-resistant because all transactions are on-chain. $BTCMTX is the ideal market fit for smart contract technology, designed as it is to automate through code the business logic underpinning products and services.

The system’s paramount smart contract handles all of the cloud credits and allocations to mining as well as the time period over which mining is to take place, all set by the user using a bespoke dashboard.

Bitcoin Minetrix strengthens the Bitcoin network because of its transparency and efficiency

Transparency and efficiency combine to deliver an easy-to-use product that threatens to unleash revolutionary change in the cloud mining space.

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A byproduct of this near-frictionless route into mining bitcoin is the way in which it can help to grow the hash power (computing resource) of the network, making it even more secure and decentralized.

At the start of Bitcoin’s mission to transform the world of money, it was once possible to mine the digital currency on a laptop, but those days are long gone. However, with Bitcoin Minetrix there is a new opening for the little guy.

As you would expect, the largest allocation of the funds will go directly into the mining operations – 42.5% of the $BTCMTX tokens.

Marketing efforts to ensure that the project gains traction will take up 35% of the token allocation.

Stay up to date with all the Bitcoin Minetrix presale news and product developments on the Telegram channel, Discord server, and X (Twitter).

Bitcoin Minetrix’s tokenized bitcoin cloud mining is a business model that has a lot going for it, and little competition to speak of.

A first-mover advantage is a powerful selling point in and of itself. After raising more than $10 million, and with more to come, the team has the resources to realize a vision that could shake up bitcoin mining.

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The Payments Group partners with HubPeople to bring cash payments to 100m daters

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Hundreds of online dating apps and sites now accepting cash payments

FRANKFURT, Germany, Nov. 11, 2024 /PRNewswire/ — The Payments Group (TPG), a new global payments company, has announced a deal with online dating giant, HubPeople. HubPeople is an AI-based software platform that powers many of the world’s top dating applications and websites, which have a combined 100m users worldwide. For the first time, anyone using a HubPeople powered dating brand will now be able to pay for their dating subscriptions in cash with TPG’s award winning CashtoCode service. Cash deposits can be made at 550,000 physical POS locations worldwide, including newsagents, petrol stations and supermarkets.

 

HubPeople needed a global payment partner that could help it manage transactions across international borders and in multiple currencies. TPG will initially accept 17 currencies in cash payments. Users can also pay for their dating services/subscriptions with TPG’s evoucher solution, a fast, secure service that closely resembles using an Amazon voucher or gift card.

The dating apps built on the HubPeople platform have a large and highly diverse global customer-base. Providing a new cash payment option was important to HubPeople because cash is still the most used and most widely accessible payment method worldwide. It needed a solution that would work reliably in emerging markets like LATAM and countries like Argentina where card adoption is still relatively low. The new cash option can be used by anyone with access to a smartphone or computer, as a secure, reliable payment solution for cash-first customers and the unbanked.

CashtoCode is also perfect for people who prefer to pay in cash, for privacy or security reasons. Dating subscriptions are often a payment that people want to make discretely. 

“We hope that TPG and HubPeople are a perfect match,” said Nick Orton at HubPeople. “Bringing cash payments to 100m customers is an exciting step for our platform, and we think that our brands will jump at the chance to market their services to a new dating demographic.”

“The cash customer is one of the biggest demographics on the planet,” said TPG founder and CEO, Jens Bader. “Unfortunately, they are often left behind by digital services, but that doesn’t need to be the case.  A CashtoCode integration is like instantly adding 550,000 new checkout options. There is a huge crossover between our USPs and the needs of the dating market. We are global, secure, discrete and reliable. It’s everything you need from a dating app payment method.” 

About The Payments Group
The Payments Group is a German stock-listed holding company that operates four Fintech providers and a venture capital arm based in Frankfurt. Its subsidiaries include Funanga AG (Germany), TWBS Ltd (Malta), Calida Financial Ltd (Malta) and Surfer Rosa Ltd (Isle of Man). The Payments Group Holding (TPG) is a fast-growing, vertically integrated e-Money business. It provides proprietary closed and open loop (branded and white-labelled) prepaid payment services to hundreds of online merchants worldwide. Its highly distinct yet complimentary subsidiary companies combine to position TPG as the future market leader in embedded finance and prepaid solutions.  

TPG employs more than 50 people worldwide. TPG customers can use more than 550,000 point of sale cash payment stations and a global online prepaid card network to process cash and cashless online payments.

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About HubPeople

HubPeople is a leading technology provider specialising in “Dating as a Service” platforms, empowering brand owners to effortlessly launch, market, and grow profitable dating brands. With a robust, cloud-based infrastructure, HubPeople supports thousands of social networks worldwide, delivering seamless solutions that drive high conversion rates, an ever-growing user base, and retention levels unmatched by competitors.

Headquartered in the Isle of Man, with additional offices internationally, HubPeople provides end-to-end services – from technical development and marketing expertise to 24/7 customer support in English and Spanish.

The company’s mission is to create vibrant, multi-dimensional communities for people who want to connect, learn, and feel empowered over a mutual interest. HubPeople is dedicated to creating engaging spaces that encourage meaningful connections, going beyond basic interactions with innovative, community-centred features tailored to niche interests.

HubPeople goes beyond the one-way exchange of user information by constantly innovating new community-based features to inspire engagement and connections that are relevant and meaningful to a particular niche or interest group.

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Newborn Town Joins MISA-Hosted Cultural Dinner at 8th Future Investment Initiative, Exploring New Investment Opportunities

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RIYADH, Saudi Arabia, Nov. 11, 2024 /PRNewswire/ — Newborn Town Inc., a leading global social entertainment company (Newborn Town or the Company, stock code: SEHK 9911), was invited by the Ministry of Investment of Saudi Arabia (MISA), one of the organizers of the 8th Future Investment Initiative (FII) conference, to attend the cultural gala dinner held in the historic city, Diriyah.

The FII conference, held this year from October 29 to 31, drew an impressive assembly of political and business leaders from around the globe, highlighting Saudi Arabia’s growing role in fostering international investment partnerships.

The gala dinner took place at Al-Turaif, a UNESCO World Heritage Site in Diriyah, home to the first capital of the Kingdom of Saudi Arabia. The dinner commenced with an impressive light show that beautifully portrayed the Kingdom’s profound history and vibrant cultural heritage. This was followed by welcome speeches delivered by prominent political and business leaders.

As one of the companies engaged in Saudi Arabia’s Regional Headquarters Program (RHQ), Newborn Town was honored to attend this cultural gathering and involved in profound discussions with esteemed leaders from the political and business sectors. Together, they reflected on the Kingdom’s illustrious past while exploring the dynamic investment opportunities that Saudi Arabia presents today.

Launched in February 2021, the Regional Headquarters (RHQ) Program is a collaborative initiative between the Ministry of Investment of Saudi Arabia (MISA) and the Royal Commission for Riyadh City (RCRC). Its objective is to invite multinational companies to set up their regional headquarters in the Kingdom of Saudi Arabia, underscoring the Kingdom’s commitment to economic diversification and its support for the ambitious “Vision 2030” goals.

Reports indicate that MISA has issued over 540 regional headquarters permits to foreign companies, already exceeding its 2030 target of 500 permits. In September, Newborn Town and MISA held an inauguration ceremony in Riyadh under the theme “To Connect, Explore, and Thrive Together,” celebrating Newborn Town as the first global social entertainment company to establish a regional headquarters in Saudi Arabia while looking forward to a promising future for the local online social entertainment industry.

Since 2017, Newborn Town has steadily expanded its footprint in the Middle East and North Africa (MENA) market, closely attuning to the social entertainment needs of local users. Through refined localization strategies, the company has built a robust ecosystem in MENA, offering a diverse social entertainment apps portfolio.

In late August, Newborn Town hosted the Interim Results presentation themed “The Arabian Nights” in Hong Kong, which embraced a Middle Eastern flair. The event focused on sharing the company’s strategies and achievements in the MENA region. CEO Li Ping said Newborn Town’s sustained investments in MENA over recent years have established substantial market barriers through localized operations. In the first half of 2024, the MENA region accounted for over 50% of Newborn Town’s social networking revenue.

With Vision 2030, Saudi Arabia is embracing vibrant economic growth and abundant investment opportunities. Newborn Town is committed to deepening its presence in Saudi Arabia and other MENA markets, growing alongside these key regions to unlock exceptional business opportunities and foster a prosperous future together.

Beyond commercial success, Newborn Town is dedicated to creating lasting social impact in Saudi Arabia and the MENA region. The company actively upholds its corporate social responsibilities by promoting local employment, supporting vulnerable groups—including children with cancer—and aiding disaster-affected areas. Through these efforts, Newborn Town stands with the community, contributing meaningfully toward realizing Saudi Arabia’s Vision 2030.

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Vantage Markets Wins “Best Multi-Asset Trading Platform” Award at Forex Expo Dubai

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PORT VILA, Vanuatu, Nov. 11, 2024 /PRNewswire/ — Multi-asset broker, Vantage Markets (or “Vantage”) is proud to announce its recent accolade as the “Best Multi-Asset Trading Platform” at Forex Expo Dubai 2024. This esteemed recognition highlights Vantage’s ongoing commitment to delivering a comprehensive and seamless trading experience across a range of asset classes, empowering traders around the globe.

Vantage Markets has been unwavering in its pursuit of trading excellence, continuously enhancing its platform to provide access to forex, indices, commodities, and CFDs, ensuring that traders are equipped with advanced tools and insights for navigating the financial markets. This award underscores the company’s dedication to building a versatile and reliable trading environment for its global user base.

“Over the last 15 years, we have focused on developing a platform that truly meets the demands of today’s traders,” said Marc Despallieres, spokesperson for Vantage Markets. “To be recognised as the ‘Best Multi-Asset Trading Platform’ at such a respected event as Forex Expo Dubai is a proud moment for our team. It reflects our commitment to continuous innovation and our mission to provide a platform that traders can trust and rely on.”

The Forex Expo Dubai is one of the region’s premier events, bringing together brokers, tech leaders, and traders to explore industry advancements and celebrate excellence. Vantage’s recognition at this event reaffirms its role as a leader in multi-asset trading, underscoring its reputation as a trusted choice for traders seeking performance and security.

This award marks another milestone in Vantage Markets’ journey, solidifying its position as a multi-asset broker dedicated to redefining industry standards and delivering a trading environment built for success.

About Vantage

Vantage Markets (or Vantage) is a multi-asset CFD broker offering clients access to a nimble and powerful service for trading Contracts for Difference (CFDs) products, including Forex, Commodities, Indices, Shares, ETFs, and Bonds.

With over 15 years of market experience, Vantage transcends the role of broker, providing a trusted trading ecosystem, an award-winning mobile trading app, and a user-friendly trading platform that empowers clients to seize trading opportunities. Download the Vantage App on App Store or Google Play.

trade smarter @vantage

RISK WARNING: CFD trading carries significant risks. You could lose more than your initial investment.

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