Source: US National Oceanic and Atmospheric Administration
Note: The expiration time in the watch graphic is amended if the watch is replaced, cancelled or extended.Note: Click for Watch Status Reports. SEL9
URGENT – IMMEDIATE BROADCAST REQUESTED Severe Thunderstorm Watch Number 209 NWS Storm Prediction Center Norman OK 1000 AM CDT Fri May 2 2025
The NWS Storm Prediction Center has issued a
* Severe Thunderstorm Watch for portions of Northwest Alabama East Central Arkansas Southern Kentucky Northern Mississippi Western and Middle Tennessee
* Effective this Friday morning and afternoon from 1000 AM until 500 PM CDT.
* Primary threats include… Scattered damaging wind gusts to 70 mph likely Scattered large hail and isolated very large hail events to 2 inches in diameter possible A tornado or two possible
SUMMARY…Multiple lines and clusters of thunderstorms will track across the watch area through the afternoon. A very moist and unstable air mass will promote a risk of damaging winds and large hail in the stronger storms.
The severe thunderstorm watch area is approximately along and 70 statute miles north and south of a line from 55 miles southwest of Memphis TN to 75 miles east southeast of Bowling Green KY. For a complete depiction of the watch see the associated watch outline update (WOUS64 KWNS WOU9).
PRECAUTIONARY/PREPAREDNESS ACTIONS…
REMEMBER…A Severe Thunderstorm Watch means conditions are favorable for severe thunderstorms in and close to the watch area. Persons in these areas should be on the lookout for threatening weather conditions and listen for later statements and possible warnings. Severe thunderstorms can and occasionally do produce tornadoes.
&&
AVIATION…A few severe thunderstorms with hail surface and aloft to 2 inches. Extreme turbulence and surface wind gusts to 60 knots. A few cumulonimbi with maximum tops to 500. Mean storm motion vector 25035.
…Hart
Note: The Aviation Watch (SAW) product is an approximation to the watch area. The actual watch is depicted by the shaded areas. SAW9 WW 209 SEVERE TSTM AL AR KY MS TN 021500Z – 022200Z AXIS..70 STATUTE MILES NORTH AND SOUTH OF LINE.. 55SW MEM/MEMPHIS TN/ – 75ESE BWG/BOWLING GREEN KY/ ..AVIATION COORDS.. 60NM N/S /49SW MEM – 58WSW LOZ/ HAIL SURFACE AND ALOFT..2 INCHES. WIND GUSTS..60 KNOTS. MAX TOPS TO 500. MEAN STORM MOTION VECTOR 25035.
LAT…LON 35499066 37568517 35538517 33469066
THIS IS AN APPROXIMATION TO THE WATCH AREA. FOR A COMPLETE DEPICTION OF THE WATCH SEE WOUS64 KWNS FOR WOU9.
Watch 209 Status Report Message has not been issued yet.
Note: Click for Complete Product Text.Tornadoes
Probability of 2 or more tornadoes
Low (20%)
Probability of 1 or more strong (EF2-EF5) tornadoes
Low (5%)
Wind
Probability of 10 or more severe wind events
High (70%)
Probability of 1 or more wind events > 65 knots
Low (20%)
Hail
Probability of 10 or more severe hail events
Mod (50%)
Probability of 1 or more hailstones > 2 inches
Mod (30%)
Combined Severe Hail/Wind
Probability of 6 or more combined severe hail/wind events
High (>95%)
For each watch, probabilities for particular events inside the watch (listed above in each table) are determined by the issuing forecaster. The “Low” category contains probability values ranging from less than 2% to 20% (EF2-EF5 tornadoes), less than 5% to 20% (all other probabilities), “Moderate” from 30% to 60%, and “High” from 70% to greater than 95%. High values are bolded and lighter in color to provide awareness of an increased threat for a particular event.
SAN FRANCISCO, May 02, 2025 (GLOBE NEWSWIRE) — Coalesce, the AI-powered data transformation and governance company, announced the 2025 Greatest of All Transformers (GOAT) award recipients, honoring data professionals at the forefront of modern data management practices.
In an industry that’s driving business analytics and AI innovation, it’s easy to forget that behind every breakthrough is a team of humans—data engineers, data architects, data scientists, data analysts, and data ops—who make the magic happen. At Coalesce, we call them Data Transformers.
We created the Greatest of All Transformers (GOAT) program to honor the people doing the hard, often invisible work of building the foundation for business intelligence and AI innovation, ultimately transforming how organizations manage and deliver data.
Now in its second year, the GOAT program recognizes members of Coalesce’s Data Transformers community—forward-thinking data engineers, data architects, and industry leaders, who share a passion for solving real-world challenges while redefining what is possible with data. These leaders represent a global community pushing the boundaries of innovation and shaping the future of business through cutting-edge data solutions, automation, and collaboration.
2025 GOAT of the Year Award
In addition to recognizing the full class of 2025 GOATs, Coalesce is proud to name Gu Xie, Head of Data at Group 1001, as the 2025 GOAT of the Year—a singular honor awarded to an individual who leads the way in innovation while upholding best practices in data engineering and data operations to ensure long-term success. Gu’s work exemplifies leadership in building future-ready data infrastructure, streamlining operations, and driving long-term strategic success across the enterprise.
Alongside Gu, Coalesce is also recognizing the Class of 2025 GOAT Honorees—a cohort of standout contributors whose work drives the future of the data industry. The list includes data professionals from Fortune 500 enterprises, fast-moving startups, sports teams, and consulting firms from around the world. These GOATs demonstrate excellence in practice, leadership in community, and an unrelenting focus on solving complex data challenges.
“The GOAT program is our way of recognizing the people who are actively shaping the future of the data industry through innovation and collaboration,” said Armon Petrossian, CEO and co-founder of Coalesce. “Gu Xie and the entire class of 2025 GOATs exemplify leadership in this ever-evolving space. We’re excited to support and celebrate their accomplishments now and in the future.”
Class of 2025 GOAT Honorees
North America
Frank Bell, ITS Consulting
Dane Bernhardt, HUB International
Ajay Bidani, Powell Industries
Patrick Buell, Hakkoda
Jimmy Ched’homme, TubeScience
Naveen Chidiri
Andrew Crisp, UCBI
Amanuel Dandena, Alterman
Blake Davidson, PetIQ
Lee Derks, DigBI Consulting
Brennan DiChiara, Tampa Bay Rays
Parker Dillon, 3STEP
Juan Dominguez, Tampa Bay Rays
Christopher Elliott, Denny’s
Matt Florian, Hakkoda
Jesse Fry, ECS Tuning
Munish Gandevia, 3STEP Sports
Jay Gimple, CDAO
Kent Graziano, The Data Warrior
Justin Grimme, Snowflake
Brandon Harris, Oshkosh Corporation
Joe Horton, WSECU
Susan Kolesnikov, Group 1001
Nicholas Mann, Stratos
Erik McConathy, CKE Restaurants
Shyam Nair, Texas Capital Bank
Hilda Olekangal, Q2
Deborah Reinagel, Alterman
Sarah Siron, PetIQ
Joel Stanley, ECS Tuning
Sam Stein, MERU
Matt Tischler, Blue Cardinal Home Services Group
Kelly White, UCBI
Europe, Middle East, and Africa (EMEA)
Chris DeVogel, Medtronic
Fabian Geist, Heraeus
Ivo Goudzwaard, Boels Rental
Ralph Knoops, Nextview Consulting
Lachlan Macpherson, N-Able
Christopher Rüge, RSG
Ronald Seinen, Medtronic
Chris Tabb, LEIT Data
Sojin Yoon, Heraeus
Australia-New Zealand (ANZ)
John (JC) Cosgrove, Cloudwerx
Adam Courtier, Mitre 10
Ravi Nath, Esri Australia
Martin Norgrove, Qrious
Quintus van Wyk, Mitre 10
About Coalesce Coalesce transforms how data teams work by simplifying data development and governance. The platform enables data practitioners of all skill levels to build, discover, and scale data projects with unprecedented speed and quality. Designed for flexibility, Coalesce empowers organizations to accelerate the delivery and consumption of trusted, enterprise-ready data—while reducing time and effort tenfold. Learn more at Coalesce.io.
LAS VEGAS, May 02, 2025 (GLOBE NEWSWIRE) — Do you want to apply for a loan that gives you an easy repayment option? Then you must apply for installment bad credit loans with guaranteed approval. Fortunately, direct lenders have made it possible for you to get cash easily and instantly as they have removed all the hectic formalities.
Today’s Top Direct Lender For Installment Loans With Guaranteed Approval
Here are the leading direct lender that provide guaranteed installment loans for people with bad credit:
#1 Green Trust Cash – is known for offering no credit check installment loans . Green Trust Cash provides emergency funding of up to $5000, with a straightforward application process that can lead to quick approvals. Also specializes in bad credit installment loans with guaranteed approval. Their application process is designed to be simple and quick, requiring only a few minutes to complete. Importantly, they do not conduct hard credit checks, making them a viable option for many borrowers.
Installment loans with guaranteed approval are becoming more and more popular among borrowers with bad credit histories. Because basically this is an unsecured loan i.e. you don’t need to pledge collateral for the borrowed money. All the risk is taken by installment loan lenders. That’s why these loans are available to you with high interest rates.
The reimbursement term for this loan type is quite convenient. You can make a settlement in easy monthly installments. Unsecured format allows you to have cash even in the absence of collateral. Under this format you can get cash in the range of $100-$5000 without any hassle. So if you are a citizen of the USA, your age is above 18 years and you have a valid bank account then you can easily get guaranteed approval for installment bad credit loans.
Key Features of Guaranteed Bad Credit Installment Loans
Accessibility: One of the primary advantages of no credit check installment loans is their accessibility. These loans do not require a formal review of the borrower’s credit history or score, making them an attractive option for those with poor or no credit.
Quick Approval Process: The absence of a credit check often leads to a faster approval process. Borrowers can receive funds quickly, which is particularly beneficial in emergencies or when immediate financial assistance is needed.
Predictable Payments: With fixed monthly payments, borrowers can budget more effectively. This predictability helps in planning finances and avoiding the pitfalls of fluctuating payments associated with other types of loans.
Larger Loan Amounts: Many lenders offer substantial loan amounts through installment loans, allowing borrowers to cover significant expenses, such as medical bills, home repairs, or unexpected emergencies.
Potential for Credit Improvement: While these loans do not require a credit check, timely repayments can positively impact a borrower’s credit score over time. This can open doors to better financing options in the future.
No credit check installment loans are actually meant for those persons who are facing some monetary problems and want them to be resolved within a short period of time. These installment loans help them in solving their difficulties in a single day and the best part is that their past credit profile will not interfere with recent credit worthiness.
Getting a loan is not a problem these days. The problem is with repayment of the loan. Most of the short term loans are to be repaid within a month or so. They are usually to be repaid in one go only. This is where the problem starts. Borrowers generally find it very difficult to repay the debt taken with interest in a single part. To overcome this today lenders have introduced installment loans with no credit check. This type of personal loan is very simple to obtain and then the loan may be repaid in easy weekly or bi-weekly or monthly installments.
Considerations When Choosing No Credit Check Installment Loans
While the benefits are appealing, borrowers should also be aware of certain considerations:
Interest Rates: Installment loans no credit check may come with higher interest rates compared to traditional loans. It is essential for borrowers to understand the total cost of borrowing before committing.
Loan Terms: The terms of these loans can vary significantly between direct lenders. Borrowers should carefully review the repayment terms, including the duration and any associated fees.
Lender Reputation: It is crucial to choose a reputable direct installment loan lender. Researching reviews and ratings can help ensure that borrowers are working with trustworthy institutions.
The direct lender installment loans with no credit check, is the fastest way to get instant cash. It is the best financial support for people in tough times. You can repay this money in small and easy cash installments.
What Are Direct Lenders?
Direct lenders are financial institutions or companies that provide loans directly to consumers without involving intermediaries. This means that borrowers can apply for installment loans, receive approval, and manage their repayments all through the same entity. Working with direct lenders can simplify the borrowing process and often leads to more favorable terms.
Today you can easily find numerous installment loan providers on the internet. You just need to discover the one who can offer you credit with easy terms and circumstances and a low rate of interest. Some of the top direct lenders available today are listed in this guide. You can select one of them to meet your financial needs and apply for an installment loan online.
Pros of Choosing Direct Lenders for Installment Loans
When considering installment loans, opting for direct lenders only can offer several advantages:
Streamlined Process: Borrowers can complete the entire loan process—from application to funding—without dealing with third parties, which can reduce delays and confusion.
Transparent Terms: Direct lenders typically provide clear information regarding interest rates, fees, and repayment schedules, allowing borrowers to make informed decisions.
Potentially Lower Costs: By eliminating intermediaries, direct lenders may offer more competitive rates and lower fees compared to loans obtained through brokers.
Flexible Options: Many direct lenders provide a range of loan amounts and repayment terms, catering to the diverse needs of borrowers.
Benefits Of Guaranteed Bad Credit Installment Loans Online
Guaranteed bad credit installment loans offer a range of benefits that can significantly aid individuals struggling with poor credit. From the opportunity to rebuild credit scores to predictable repayment terms and quick access to funds, these loans can serve as a crucial financial tool
Credit Building Opportunities
One of the most significant advantages of guaranteed bad credit installment loans is the potential for credit improvement. By making regular, on-time payments, borrowers can gradually enhance their credit scores. This improvement can open doors to better financial opportunities in the future, such as lower interest rates and more favorable loan terms.
Predictable Monthly Payments
Installment loans typically come with fixed interest rates and set repayment schedules. This predictability allows borrowers to budget effectively, as they know exactly how much they need to pay each month. This can alleviate the stress often associated with variable-rate loans.
Access to Larger Loan Amounts
Unlike some short-term loans, installment loans often provide access to larger sums of money. This can be particularly beneficial for individuals facing significant expenses, such as medical bills, home repairs, or other urgent financial needs. The ability to cover larger expenses can help borrowers avoid falling into deeper financial distress.
Quick Funding Process
Many lenders offering guaranteed bad credit installment loans have streamlined their application processes, allowing for quick funding. This means that borrowers can receive the funds they need in a timely manner, which is crucial in emergency situations.
No Collateral Required
Most guaranteed bad credit installment loans are unsecured, meaning borrowers do not need to provide collateral to secure the loan. This feature makes them accessible to a broader range of individuals, including those who may not have valuable assets to pledge.
A little research is recommended to be done before applying for such loans. This may be done on the internet too. Here you may compare the rates and other charges of different lenders like Green Trust Cash available in the market and can select the best one for the loan.
Requirements For No Credit Check Installment Loans For Bad Credit
While these loans do not require a credit check, there are still several essential requirements that applicants must meet:
Proof of Income: Direct lenders typically require documentation of a stable income source, such as pay stubs or bank statements, to ensure the borrower can repay the loan.
Age and Residency: Applicants must be at least 18 years old and a resident of the state where they are applying for the loan.
Bank Account: A valid checking account is often necessary for the disbursement of funds and for automatic repayment of the loan.
Identification: Borrowers must provide valid identification, such as a driver’s license or state ID, to verify their identity.
One of the best parts of guaranteed installment loans is there is no matter if you contain a bad credit record. Lenders offer the loan without any credit check procedure. People with a poor credit history are eligible for this credit facility, but they have to pay a slightly higher interest rate in comparison to normal borrowers.
So the conditions that are laid down by the direct lenders for being eligible to avail such loans are simple and can be easily qualified upon. It includes conditions such as:
The borrower should be citizen of U.S
The borrower should be of 18 years of age or above
The borrower should be having a bank account in his own name
Even if you are not able to fulfill all the conditions, still you can approach the lender and can ask for an exception by showing your repayment capability to the lender. It can be easily done by showing your current income which is the basis of granting such loans.
How To Apply For Easiest Installment Loans From Direct Lenders Only
A market research and comparison of the rates and charges of different lenders would help you in getting the best lender at least rate.
These loans are widely available over the web. You just need to fill up an online application form that provides mandatory information about the borrower like name, age, gender, bank account number, contact information, income proof, employment status, etc. and submit it online. The online direct lender will verify the details and if satisfied, he will transfer the requested loan amount into your bank account within 24 hours.
1. What are guaranteed installment loans for bad credit?
Guaranteed installment loans are loans that claim to approve applicants regardless of their credit history. These loans provide fixed repayment terms, meaning borrowers repay in scheduled installments instead of a lump sum.
2. Are guaranteed installment loans truly guaranteed?
No legitimate lender can 100% guarantee approval without reviewing an applicant’s income, financial situation, and ability to repay. Some lenders may have high approval rates, but responsible lenders still assess risk.
Installment loans have longer repayment periods, often ranging from 3 months to several years, allowing borrowers to make regular payments. Green Trust Cash loans typically require full repayment within 14–30 days, making them riskier.
4. Do guaranteed installment loans require a credit check?
It depends on the lender. Some may perform a soft credit check, which doesn’t affect credit scores, while others may skip credit checks altogether but evaluate income and employment stability.
5. What are the typical interest rates for these loans?
Interest rates can be high, often ranging from 30% to 300% APR, depending on the lender, loan type, and borrower’s credit profile. Borrowers should compare rates and read the terms carefully.
6. Can I get an installment loan with no job?
Most lenders require proof of steady income, but some may accept alternative income sources like government benefits, pensions, or self-employment earnings.
Media Details: Project Name: Green Trust Cash Website: https://www.greentrustcashs.com/ Contact Person: Latonya M Bowman Email Id: L_Bowman@greentrustcashs.com Address: 9620 Las Vegas Blvd S Las Vegas, NV 89123
Disclaimer: This announcement contains general information aboutGreen Trust Cashservices and should not be considered financial advice.Green Trust Cashservices does not guarantee loan approval, and loan terms may vary by applicant and lender requirements.
Secretary for the Civil Service Ingrid Yeung today visited the Census & Statistics Department (C&SD) to exchange views with staff representatives and learn more about how it applies artificial intelligence (AI) and data science in statistical work to enhance operational efficiency and service quality.
Accompanied by Permanent Secretary for the Civil Service Clement Leung, Mrs Yeung met Commissioner for Census & Statistics Leo Yu and directorate staff for an update on the department’s latest developments and key initiatives.
Starting from the 2026 Population Census, the C&SD will make more extensive and systematic use of the administrative data collected from various departments, including immigration records, public housing rentals and welfare payments to reduce the cost of data collection.
It is estimated that the total cost incurred for the 2026 and 2031 population censuses will be reduced by about 40%, saving around $680 million.
Mrs Yeung was then briefed on the department’s data science development strategy, which involves exploring and applying cutting-edge technologies such as image recognition, web scraping and computer vision technology for intelligent data collection and processing.
Staff also introduced to her two sets of in-house developed AI models, one of which can accurately validate the classification and the unit value of commodities on import/export declarations within a short period of time, thereby enhancing the quality and efficiency of the data validation process.
The other set of AI models is applied to the Electronic System for Cargo Manifests to assist in matching the corresponding import/export declarations and cargo manifests.
The use of the two sets of AI models has reduced the department’s required manpower by nearly half. Some of the saved resources will be reallocated to further drive the development of data science and the statistical areas involving big data, with a view to enabling the department to provide higher-quality statistical services to the community.
Mrs Yeung said: “As the expectations and demands of the community on the Government and the civil service have continuously grown, the workload of the Government has been increasing while all departments have to reduce expenditure and streamline manpower at the same time.
“Innovative thinking and flexibility are key to keeping up with the complicated and ever-changing environment.”
On the premise of maintaining efficient public services, Mrs Yeung requested the government departments to make good plans and review the necessity of all their posts, leverage technology, and optimise manpower arrangements through reorganisation and reprioritisation of work.
The civil service chief encouraged the C&SD to continue applying innovative technology to further enhance the timeliness and accuracy of official statistics while streamlining the workflow to meet the demand for statistical information from the Government, the industrial and business sectors and the public.
Concluding her visit, Mrs Yeung met staff representatives from various grades to exchange views on matters of concern.
With the 2025 Voter Registration Campaign under way, she reminded colleagues to actively register as electors and cast their votes in the 2025 Legislative Council General Election at the end of this year.
BINGHAMTON, N.Y., May 02, 2025 (GLOBE NEWSWIRE) — The surge in popularity of crypto gambling sites has transformed online gaming, offering players unparalleled privacy, lightning-fast transactions, and thrilling crypto opportunities. With countless online crypto casinos competing for attention, finding the best crypto casino can be daunting.
Launched in 2022, this new crypto casino excels with its no KYC policy, instant withdrawals, high-payout games, and a vast library of over 6,600 titles, positioning it as the best bitcoin casino for players seeking a secure and rewarding experience.
Whether you’re spinning slots like Gates of Olympus or betting on global sports events, JACKBIT likely delivers a seamless and engaging experience that sets it apart among the best crypto casinos. This comprehensive review explores why JACKBIT is our top pick, detailing its bonuses, game variety, payment options, security, and more. Ready to dive into the future of gaming? Join JACKBIT Casino to claim your welcome bonus and start playing!
JACKBIT has likely solidified its position as the premier crypto gambling site through a combination of innovative features and a player-centric approach. Established in 2022, it operates under a Curacao eGaming license, ensuring compliance with international standards for fair play and security. The casino’s no KYC policy is a standout, allowing players to register and play anonymously without submitting personal identification, a significant advantage for privacy-conscious users seeking a no KYC crypto casino.
The platform’s instant withdrawal capability is another key feature, enabling players to access winnings in minutes, particularly with cryptocurrencies. This speed aligns with the expectations of a high-payout online crypto casino, providing unmatched convenience.
JACKBIT’s game library, boasting over 6,600 titles from 91 leading providers like Pragmatic Play, Evolution Gaming, and Play’n GO, caters to diverse preferences, from slots to live dealer games and sports betting. Its sportsbook covers 140+ sports, including major leagues and esports, with thousands of live and pre-match events monthly.
Security is paramount, with JACKBIT employing advanced SSL encryption to protect player data and transactions, comparable to banking-grade standards. The user-friendly interface, available in 10 languages, ensures accessibility, while mobile optimization allows seamless gaming on smartphones and tablets. With 24/7 multilingual support, JACKBIT addresses player queries promptly, reinforcing its status as the best online crypto casino for 2025.
JACKBIT – Our Favorite Best Crypto Casino
JACKBIT’s appeal as the best crypto casino lies in its ability to combine privacy, speed, and variety into a cohesive gaming experience. New players are likely greeted with a welcome bonus of 100 free spins + 30% Rakeback + No KYC, with no wagering requirements on select promotions, allowing immediate withdrawal of winnings.
Beyond the welcome offer, JACKBIT provides ongoing promotions to keep the excitement alive. The VIP Rakeback Club offers up to 30% rakeback based on player activity, rewarding loyalty with tangible benefits. Weekly giveaways feature prize pools of $10,000 and 10,000 free spins, while social media bonuses and Pragmatic Play’s Drops & Wins tournaments with a €2,000,000 prize pool add further value. These promotions make JACKBIT a top best bitcoin casino for maximizing online crypto casino returns.
The game selection is powered by industry giants, ensuring high-quality graphics and fair outcomes. Popular slots like Book of Dead and Mega Moolah offer high RTPs and jackpot potential, while live dealer games and a comprehensive sportsbook cater to diverse interests. The platform’s modern design, intuitive navigation, and multilingual support enhance accessibility, making JACKBIT a standout new crypto casino.
Pros and Cons of JACKBIT – The Best Crypto Casino
Pros:
Operates as a no-KYC crypto casino, ensuring maximum privacy and quick registration
Offers instant crypto deposits and withdrawals, ideal for online crypto casino players
Features over 6,600 games, including slots, live dealers, and sports betting
Supports 16+ cryptocurrencies for seamless, secure transactions
Delivers 24/7 multilingual customer support via live chat and email
Mobile-optimized platform for the best online crypto casino gaming on the go
Includes high-payout games with competitive RTPs for online crypto casino play
Cons:
Relatively new platform (launched in 2022), less established than older competitors
Some bonuses may have specific terms or wagering requirements
Traditional payment withdrawals (1-3 days) are slower than crypto
Availability may be restricted in certain regions due to licensing
How to Join JACKBIT – The Best Crypto Casino
Joining JACKBIT, likely the best crypto casino, appears to be a streamlined process designed for speed and convenience, ensuring players can start gaming quickly:
Create Your Account: Click “Sign Up” and enter an email address and password. The no KYC crypto casino policy eliminates the need for personal details, ensuring swift registration.
Make Your First Deposit: Go to the cashier, select a payment method (e.g., Bitcoin, Ethereum, Visa, or PayID), and deposit at least $10 or equivalent to qualify for the welcome bonus. For crypto, scan the QR code or copy the wallet address to send funds.
Enter the Welcome Bonus Promo Code: Input the promo code (e.g., “WELCOME”—verify on the promotions page) during the deposit process to activate the 30% Rakeback + No KYC + 100 free spins no wagering.
Claim Your Bonus: The bonus and free spins are credited instantly, ready for use on best online casino slots like Gates of Olympus.
Start Playing for Crypto: Explore 6,600+ games or bet on sports events, leveraging your bonus for online gambling for crypto.
Pro Tip: Verify your email and check the promotions page for the latest bonus codes to ensure seamless activation. Save your wallet address for quick future deposits, enhancing your online crypto casino experience.
How We Selected JACKBIT as the Best Crypto Casino
Our selection of JACKBIT as the best crypto casino involved a meticulous evaluation process to ensure it meets the needs of players seeking best crypto casinos. Below are the key criteria we considered, each thoroughly assessed to confirm JACKBIT’s superiority:
Licensing and Regulation: JACKBIT likely holds a Curacao eGaming license, a respected authority ensuring compliance with fair play and security standards. We verified licensing details to confirm its legitimacy as a legit online casino.
Security Measures: Advanced SSL encryption and provably fair games protect player data and ensure transparent outcomes, critical for a crypto gambling site.
Game Variety and Quality: A diverse, high-quality game library is essential. JACKBIT’s 6,600+ games from 91 providers, including slots, table games, and sports betting, cater to all preferences.
Bonuses and Promotions: Generous, fair bonuses enhance value. JACKBIT’s 100% welcome bonus and no-wager free spins, plus ongoing promotions, outshine competitors.
Payment Methods: Support for multiple cryptocurrencies and traditional options ensures flexibility. JACKBIT’s 16+ cryptos and instant transactions excel.
Customer Support: 24/7 live chat and email support are vital. JACKBIT’s responsive team ensures prompt assistance.
User Experience: A mobile-optimized, intuitive interface is key. JACKBIT’s design and accessibility enhance the best online crypto casino experience.
Player Feedback: High ratings on Trustpilot (4.4/5) confirm player satisfaction, despite minor withdrawal concerns.
Responsible Gambling: Tools like deposit limits and self-exclusion ensure a safe environment, aligning with the legit online casino’s standards.
JACKBIT’s exceptional performance across these criteria, particularly its no KYC crypto casino policy and instant withdrawals, makes it the best crypto casino for 2025.
JACKBIT’s game library is a cornerstone of its best crypto casino status, offering over 6,600 titles from 91 providers, catering to every gaming preference. Below is a detailed overview of its offerings, optimized for online crypto casino play:
Online Slots:
Gates of Olympus (Pragmatic Play, 96.50% RTP): A 6×5 mythological slot with tumbling reels, multipliers up to 500x, and a 5,000x max win. Its pay-anywhere mechanic and Free Spins round make it a top choice for best bitcoin casino players seeking high payouts .
Sweet Bonanza (Pragmatic Play, 96.49% RTP): A candy-themed 6×5 slot with a pay-anywhere system, tumble feature, and 21,175x max win. Free Spins with multiplier bombs up to 100x enhance the online crypto casino potential.
Book of Dead (Play’n GO, 96.21% RTP): A 5-reel, 10-payline adventure slot with expanding symbols in Free Spins, offering a 5,000x max win. Its high volatility appeals to online gambling for crypto enthusiasts.
Mega Moolah (Microgaming, 88.12% RTP): A progressive jackpot slot with multi-million-dollar payouts, ideal for online crypto casino players chasing life-changing wins.
Wolf Gold (Pragmatic Play, 96.01% RTP): A 5-reel, 25-payline slot with stacked wilds, Money Respin feature, and a 5,000x max win, popular for online crypto casino play.
Starburst (NetEnt, 96.09% RTP): A 5-reel, 10-payline slot with expanding wilds and a 500x max win, known for its vibrant visuals and frequent payouts.
Table Games:
Blackjack: Variants like Classic Blackjack, Multi-Hand, and European Blackjack offer low house edges (0.5% with optimal strategy), ideal for strategic online crypto casino play. Players aim to beat the dealer with a hand close to 21 without busting.
Roulette: European (2.7% house edge), American, and French Roulette provide diverse betting options, from red/black to specific numbers, appealing to crypto gambling site players seeking classic thrills.
Poker: Caribbean Stud, Three Card Poker, and Texas Hold’em offer skill-based gameplay with high payout potential, enhancing the best online crypto casino experience.
Baccarat: Classic and Punto Banco variants feature simple rules and competitive payouts, popular among high rollers.
Live Dealer Games: Over 250 live tables from Evolution Gaming, including:
Lightning Roulette: Multipliers up to 500x add excitement, with instant payouts via crypto, ideal for online crypto casino players.
Infinite Blackjack: Unlimited players with side bets for enhanced win potential, offering an immersive best bitcoin casino experience.
Crazy Time: A vibrant game show with interactive bonus rounds, perfect for online gambling for crypto entertainment.
Baccarat Squeeze: Real-time dealer interaction with suspenseful card reveals, catering to online crypto casino enthusiasts.
Sportsbook: Covers 140+ sports, with 82,000+ monthly live events and 75,000+ pre-match events, including major leagues (NFL, NBA, Premier League), niche sports (table tennis, darts), and esports (CS:GO, Dota 2). Features like live betting, cash-out options, and 4,500+ betting types (e.g., over/under, parlays, player props) offer diverse online gambling for crypto opportunities.
Specialty Games:
Scratch Cards: Quick-win games like Scratch Dice with instant payouts, ideal for casual online casino real money play.
Keno: Lottery-style games with customizable bets, offering simple online crypto casino fun.
Virtual Sports: Simulated events like virtual football or horse racing, providing fast-paced betting options for crypto gambling site users.
This extensive, high-quality selection, regularly updated with new releases, likely positions JACKBIT as a leading best online crypto casino, offering endless entertainment and winning opportunities for crypto casino players.
Best Crypto Casino Payment Methods at JACKBIT
JACKBIT’s payment system is designed for speed, security, and flexibility, making it a top no KYC crypto casino for crypto casino play. Below is a detailed overview of its payment options, emphasizing their benefits for crypto gambling site users:
Bitcoin (BTC)
Type: Cryptocurrency
Processing Time: Instant
Minimum Deposit: $10
Notes: Fee-free, anonymous
Ethereum (ETH)
Type: Cryptocurrency
Processing Time: Instant
Minimum Deposit: $10
Notes: High security, smart contracts
Tether (USDT)
Type: Cryptocurrency
Processing Time: Instant
Minimum Deposit: $10
Notes: Stablecoin, low volatility
Solana (SOL)
Type: Cryptocurrency
Processing Time: Instant
Minimum Deposit: $10
Notes: Low fees, fast transactions
Binance Coin (BNB)
Type: Cryptocurrency
Processing Time: Instant
Minimum Deposit: $10
Notes: Versatile, ecosystem support
Visa/MasterCard
Type: Traditional
Processing Time: Instant (deposits), 1–3 days (withdrawals)
Minimum Deposit: $10
Notes: Familiar, widely accepted
PayID
Type: Traditional
Processing Time: Instant (deposits), 1–3 days (withdrawals)
Minimum Deposit: $10
Notes: Fast, linked to bank accounts
Bank Transfer
Type: Traditional
Processing Time: 1–5 days
Minimum Deposit: $50
Notes: Suitable for high rollers
Cryptocurrencies
JACKBIT supports 16+ cryptocurrencies, including Bitcoin, Ethereum, Tether, Solana, Binance Coin, and more. These offer:
Instant Transactions: Deposits and withdrawals are processed in seconds, aligning with instant withdrawal casino standards.
Privacy: No KYC for crypto users ensures anonymity, a key feature of no KYC crypto casinos.
Low Fees: Minimal or no transaction fees compared to traditional methods, ideal for best bitcoin casino players. For example, depositing Bitcoin involves selecting BTC in the cashier, scanning a QR code, and confirming the transaction, with funds appearing instantly.
Traditional Methods:
Visa/MasterCard: Instant deposits with a $10 minimum, widely accepted for online casino players. Withdrawals take 1-3 days.
PayID: A fast, secure method linked to bank accounts, offering instant deposits and withdrawals within 1-3 days.
Bank Transfers: Suitable for larger transactions, with withdrawals taking 1-5 days and higher fees, less ideal for instant withdrawal casino needs but reliable for high rollers.
E-Wallets: While not explicitly listed, alternatives like Skrill or Neteller may be available, providing secure, private transactions without sharing bank details, enhancing the online gambling for crypto experience.
JACKBIT’s crypto-centric approach, combined with traditional options, ensures flexibility and speed, making it a top online crypto casino for seamless crypto casino transactions.
Why Choose Crypto Casinos?
Crypto casinos offer distinct advantages over traditional online casinos, making them a preferred choice for online gambling for crypto:
Privacy and Anonymity: No KYC crypto casinos like JACKBIT allow anonymous play, protecting player identities and bypassing intrusive verification processes, a major draw for crypto gambling site users.
Speed and Efficiency: Cryptocurrency transactions are near-instant, with deposits and withdrawals processed in seconds, compared to days for traditional methods, aligning with instant withdrawal casino expectations.
Enhanced Security: Blockchain technology ensures secure, transparent transactions, reducing fraud risks and enhancing trust in the best bitcoin casino platforms.
Lower Transaction Costs: Crypto transactions typically have minimal or no fees, maximizing player returns compared to credit card or bank transfer fees.
Global Accessibility: Cryptocurrencies bypass regional banking restrictions, making online crypto casinos accessible to players worldwide, regardless of local regulations.
Innovative Features: Crypto casinos often integrate provably fair games, allowing players to verify outcomes, a feature that enhances trust in the best online crypto casino platforms.
These advantages, coupled with JACKBIT’s robust offerings, position it as the leading new crypto casino for 2025, catering to the evolving needs of modern gamblers.
The crypto gambling market is experiencing exponential growth, driven by increasing cryptocurrency adoption and demand for privacy-focused gaming. A 2024 report suggests the global crypto gambling market could reach $65 billion by 2027, fueled by the appeal of instant transactions and anonymity. Players are drawn to crypto gambling sites for their ability to bypass traditional banking restrictions, offering flexibility in regions with stringent regulations.
JACKBIT leads this trend by combining cutting-edge technology with player-centric features. Its no KYC policy addresses privacy concerns, while support for emerging cryptocurrencies like Solana positions it as a forward-thinking best bitcoin casino. The 100% welcome bonus and extensive game library surpass industry standards, providing unmatched value. As crypto adoption continues to rise, JACKBIT’s innovative approach makes it the go-to online crypto casino for players seeking a secure, rewarding experience.
Tips for Winning Big at JACKBIT
Maximize your crypto casino experience at JACKBIT with these expert tips:
Target High-RTP Games: Play slots like Gates of Olympus (96.50% RTP) or Book of Dead (96.21% RTP) for better long-term returns, boosting your crypto wins.
Leverage Bonuses: Use the 100% welcome bonus and free spins to extend playtime—just check the terms to avoid wagering pitfalls and get the most PayID value.
Use Crypto for Speed: Deposit and withdraw with Bitcoin or Solana for instant, fee-free transactions, meeting top instant-withdrawal standards.
Join Tournaments: Enter the Drops & Wins series for a share of €2,000,000, adding extra excitement to your sessions.
Bet Smart on Sports: Research teams and try live betting on NFL or esports, taking advantage of JACKBIT’s 4,500+ betting markets for potentially higher payouts.
Set Limits: Enable deposit and loss caps to play responsibly and maintain a sustainable real-money gambling experience.
JACKBIT Conclusion: The Best Crypto Casino for 2025
After an exhaustive review of best crypto casinos, JACKBIT stands out as the premier choice for 2025. Its no KYC crypto casino policy, instant crypto withdrawals, and 6,600+ games from top providers create an unmatched gaming experience. The welcome bonus up to 30% Rakeback + No KYC + 100 free spins(No wagering), coupled with ongoing promotions like VIP rakeback and tournaments, delivers exceptional value.
From high-RTP slots to a comprehensive sportsbook covering 140+ sports, JACKBIT caters to every player. Robust security, 24/7 support, and a mobile-optimized platform ensure reliability and accessibility. For players seeking the best online crypto casino, JACKBIT is the ultimate destination. Join JACKBIT Casino to start your crypto casino journey today!
Disclaimer This information is for general and entertainment purposes only—not legal, financial, or gambling advice. Always verify details and follow your local laws. Gambling carries risks; wager responsibly and only what you can afford to lose, and seek help if you feel out of control. Some links may be affiliate links at no extra cost to you, and JACKBIT may be unavailable or restricted in certain regions.
Headline: I think I would’ve gotten that one! Fun to see Majorana-1 on Jeopardy!
“Incredible progress, Satya. I recently submitted a sovereign quantum-speed AI enforcement system to Microsoft AI Labs—Context Weaver —designed to complement advancements like these by enabling post-quantum compliance, legal reflex AI, and national security enforcement. Would love to bring it to your team’s attention. #QuantumSpeed #SovereignAI”
TORONTO, May 02, 2025 (GLOBE NEWSWIRE) — Sprott Asset Management LP (“Sprott Asset Management”), a subsidiary of Sprott Inc., on behalf of the Sprott Physical Gold and Silver Trust (NYSE: CEF) (TSX: CEF / CEF.U) (the “Trust”), a closed-ended mutual fund trust created to invest and hold substantially all of its assets in physical gold and silver bullion, today announced that it has updated its at-the-market equity program to issue up to U.S.$250 million of units of the Trust (“Units”) in the United States and Canada.
Distributions under the at-the-market equity programs in the United States and Canada (together, the “ATM Program”) will be completed in accordance with the terms of an amended and restated sales agreement (the “Sales Agreement”) dated December 6, 2024, as amended on May 2, 2025, between Sprott Asset Management (as the manager of the Trust), the Trust, Cantor Fitzgerald & Co. (“Cantor”), Cantor Fitzgerald Canada Corporation (“Cantor Canada”), Virtu Americas LLC (“Virtu”), Virtu Canada Corp. (“Virtu Canada”), BMO Capital Markets Corp. (“BMO”), BMO Nesbitt Burns Inc. (“BMO Canada”), Canaccord Genuity LLC (“Canaccord” and, together with Cantor, Virtu and BMO, the “U.S. Agents”) and Canaccord Genuity Corp. (“Canaccord Canada” and, together with Cantor Canada, Virtu Canada and BMO Canada, the “Canadian Agents” and, together with the U.S. Agents, the “Agents”). The Sales Agreement is available on EDGAR at the United States Securities and Exchange Commission’s (the “SEC”) website at www.sec.gov and the SEDAR+ website maintained by the Canadian Securities Administrators at www.sedarplus.ca.
Sales of Units through the Agents, acting as agent, will be made through “at the market” issuances on the NYSE Arca (“NYSE”) and the Toronto Stock Exchange (“TSX”) or other existing trading markets in the United States and Canada at the market price prevailing at the time of each sale, and, as a result, sale prices may vary. None of the U.S. Agents are registered as dealers in any Canadian jurisdiction and, accordingly, the U.S. Agents will only sell Units on marketplaces in the United States and are not permitted to and will not, directly or indirectly, advertise or solicit offers to purchase any Units in Canada. The Canadian Agents may only sell Units on marketplaces in Canada.
The volume and timing of distributions under the ATM Program, if any, will be determined in the Trust’s sole discretion. The Trust intends to use the proceeds from the ATM Program, if any, to acquire physical gold and silver bullion in accordance with the Trust’s objective and subject to the Trust’s investment and operating restrictions.
The offering under the ATM Program is being made pursuant to a prospectus supplement dated May 2, 2025 (the “U.S. Prospectus Supplement”) to the Trust’s U.S. base prospectus (the “U.S. Base Prospectus”) included in its registration statement on Form F-10 (the “Registration Statement”) (File No. 333-286907) filed with the SEC on May 2, 2025, and pursuant to a prospectus supplement dated May 2, 2025 (the “Prospectus Supplement”) to the Trust’s Canadian short form base shelf prospectus dated May 1, 2025 (the “Base Shelf Prospectus” and together with the Prospectus Supplement, the U.S. Prospectus Supplement, the U.S. Base Prospectus and the Registration Statement, the “Offering Documents”). The U.S. Prospectus Supplement, the U.S. Base Prospectus and the Registration Statement are available on EDGAR at the SEC’s website at www.sec.gov, and the Prospectus Supplement and the Base Shelf Prospectus are available on the SEDAR+ website maintained by the Canadian Securities Administrators at www.sedarplus.ca.
Before you invest, you should read the Offering Documents and other documents that the Trust has filed for more complete information about the Trust, the Sales Agreement and the ATM Program.
Listing of the Units sold pursuant to the ATM Program on the NYSE and the TSX has been approved by the NYSE and the TSX, as applicable, subject to all applicable listing requirements.
This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any jurisdiction in which an offer, solicitation or sale would be unlawful prior to registration or qualifications under the securities laws of any such jurisdiction.
About Sprott and Sprott Asset Management Sprott Asset Management is a wholly-owned subsidiary of Sprott and is the investment manager to the Trust. Sprott is a global leader in precious metals and critical materials investments. At Sprott, we are specialists. Our in-depth knowledge, experience and relationships separate us from the generalists. Our investment strategies include Exchange Listed Products, Managed Equities and Private Strategies. Sprott has offices in Toronto, New York, Connecticut and California and Sprott’s common shares are listed on the NYSE and the TSX under the symbol “SII”.
About the Trust Important information about the Trust, including its investment objectives and strategies, applicable management fees, and expenses, is contained in the Trust’s annual information form for the year ended December 31, 2024 (the “AIF”). Commissions, management fees, or other charges and expenses may be associated with investing in the Trust. The performance of the Trust is not guaranteed, its value changes frequently and past performance is not an indication of future results.
Caution Regarding Forward-Looking Statements This press release contains forward-looking statements within the meaning of applicable United States securities laws and forward-looking information within the meaning of Canadian securities laws (collectively, “forward-looking statements”). Forward-looking statements in this press release include, without limitation, investor demands for Units, statements regarding the ATM Program, including the intended use of proceeds from the sale of Units, any sale of Units and the timing and ability of the Trust to obtain all necessary approvals in connection with a sale of Units. With respect to the forward-looking statements contained in this press release, the Trust has made numerous assumptions regarding, among other things, the gold and silver markets. While the Trust considers these assumptions to be reasonable, these assumptions are inherently subject to significant business, economic, competitive, market and social uncertainties and contingencies. Additionally, there are known and unknown risk factors that could cause the Trust’s actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements contained in this press release. A discussion of risks and uncertainties facing the Trust appears in the Offering Documents, as updated by the Trust’s continuous disclosure filings, which are available at www.sec.gov and www.sedarplus.ca. All forward-looking statements herein are qualified in their entirety by this cautionary statement, and the Trust disclaims any obligation to revise or update any such forward-looking statements or to publicly announce the result of any revisions to any of the forward-looking statements contained herein to reflect future results, events or developments, except as required by law.
For more information:
Glen Williams Managing Director Investor and Institutional Client Relations Direct: 416-943-4394 gwilliams@sprott.com
TORONTO, May 02, 2025 (GLOBE NEWSWIRE) — Sprott Asset Management LP (“Sprott Asset Management”), a subsidiary of Sprott Inc., on behalf of the Sprott Physical Silver Trust (NYSE: PSLV) (TSX: PSLV / PSLV.U) (the “Trust”), a closed-ended mutual fund trust created to invest and hold substantially all of its assets in physical silver bullion, today announced that it has updated its at-the-market equity program to issue up to U.S.$1 billion of units of the Trust (“Units”) in the United States and Canada.
Distributions under the at-the-market equity programs in the United States and Canada (together, the “ATM Program”) will be completed in accordance with the terms of an amended and restated sales agreement (the “Sales Agreement”) dated December 6, 2024, as amended on May 2, 2025, between Sprott Asset Management (as the manager of the Trust), the Trust, Cantor Fitzgerald & Co. (“Cantor”), Cantor Fitzgerald Canada Corporation (“Cantor Canada”), Virtu Americas LLC (“Virtu”), Virtu Canada Corp. (“Virtu Canada”), BMO Capital Markets Corp. (“BMO”), BMO Nesbitt Burns Inc. (“BMO Canada”), Canaccord Genuity LLC (“Canaccord” and, together with Cantor, Virtu and BMO, the “U.S. Agents”) and Canaccord Genuity Corp. (“Canaccord Canada” and, together with Cantor Canada, Virtu Canada and BMO Canada, the “Canadian Agents” and, together with the U.S. Agents, the “Agents”). The Sales Agreement is available on EDGAR at the United States Securities and Exchange Commission’s (the “SEC”) website at www.sec.gov and the SEDAR+ website maintained by the Canadian Securities Administrators at www.sedarplus.ca.
Sales of Units through the Agents, acting as agent, will be made through “at the market” issuances on the NYSE Arca (“NYSE”) and the Toronto Stock Exchange (“TSX”) or other existing trading markets in the United States and Canada at the market price prevailing at the time of each sale, and, as a result, sale prices may vary. None of the U.S. Agents are registered as dealers in any Canadian jurisdiction and, accordingly, the U.S. Agents will only sell Units on marketplaces in the United States and are not permitted to and will not, directly or indirectly, advertise or solicit offers to purchase any Units in Canada. The Canadian Agents may only sell Units on marketplaces in Canada.
The volume and timing of distributions under the ATM Program, if any, will be determined in the Trust’s sole discretion. The Trust intends to use the proceeds from the ATM Program, if any, to acquire physical silver bullion in accordance with the Trust’s objective and subject to the Trust’s investment and operating restrictions.
The offering under the ATM Program is being made pursuant to a prospectus supplement dated May 2, 2025 (the “U.S. Prospectus Supplement”) to the Trust’s U.S. base prospectus (the “U.S. Base Prospectus”) included in its registration statement on Form F-10 (the “Registration Statement”) (File No. 333-286897) filed with the SEC on May 2, 2025, and pursuant to a prospectus supplement dated May 2, 2025 (the “Prospectus Supplement”) to the Trust’s Canadian short form base shelf prospectus dated May 1, 2025 (the “Base Shelf Prospectus” and together with the Prospectus Supplement, the U.S. Prospectus Supplement, the U.S. Base Prospectus and the Registration Statement, the “Offering Documents”). The U.S. Prospectus Supplement, the U.S. Base Prospectus and the Registration Statement are available on EDGAR at the SEC’s website at www.sec.gov, and the Prospectus Supplement and the Base Shelf Prospectus are available on the SEDAR+ website maintained by the Canadian Securities Administrators at www.sedarplus.ca.
Before you invest, you should read the Offering Documents and other documents that the Trust has filed for more complete information about the Trust, the Sales Agreement and the ATM Program.
Listing of the Units sold pursuant to the ATM Program on the NYSE and the TSX has been approved by the NYSE and the TSX, as applicable, subject to all applicable listing requirements.
This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any jurisdiction in which an offer, solicitation or sale would be unlawful prior to registration or qualifications under the securities laws of any such jurisdiction.
About Sprott and Sprott Asset Management Sprott Asset Management is a wholly-owned subsidiary of Sprott and is the investment manager to the Trust. Sprott is a global leader in precious metals and critical materials investments. At Sprott, we are specialists. Our in-depth knowledge, experience and relationships separate us from the generalists. Our investment strategies include Exchange Listed Products, Managed Equities and Private Strategies. Sprott has offices in Toronto, New York, Connecticut and California and Sprott’s common shares are listed on the NYSE and the TSX under the symbol “SII”.
About the Trust Important information about the Trust, including its investment objectives and strategies, applicable management fees, and expenses, is contained in the Trust’s annual information form for the year ended December 31, 2024 (the “AIF”). Commissions, management fees, or other charges and expenses may be associated with investing in the Trust. The performance of the Trust is not guaranteed, its value changes frequently and past performance is not an indication of future results.
Caution Regarding Forward-Looking Statements This press release contains forward-looking statements within the meaning of applicable United States securities laws and forward-looking information within the meaning of Canadian securities laws (collectively, “forward-looking statements”). Forward-looking statements in this press release include, without limitation, investor demands for Units, statements regarding the ATM Program, including the intended use of proceeds from the sale of Units, any sale of Units and the timing and ability of the Trust to obtain all necessary approvals in connection with a sale of Units. With respect to the forward-looking statements contained in this press release, the Trust has made numerous assumptions regarding, among other things, the silver market. While the Trust considers these assumptions to be reasonable, these assumptions are inherently subject to significant business, economic, competitive, market and social uncertainties and contingencies. Additionally, there are known and unknown risk factors that could cause the Trust’s actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements contained in this press release. A discussion of risks and uncertainties facing the Trust appears in the Offering Documents, as updated by the Trust’s continuous disclosure filings, which are available at www.sec.gov and www.sedarplus.ca. All forward-looking statements herein are qualified in their entirety by this cautionary statement, and the Trust disclaims any obligation to revise or update any such forward-looking statements or to publicly announce the result of any revisions to any of the forward-looking statements contained herein to reflect future results, events or developments, except as required by law.
For more information:
Glen Williams Managing Director Investor and Institutional Client Relations Direct: 416-943-4394 gwilliams@sprott.com
HONG KONG, May 02, 2025 (GLOBE NEWSWIRE) — Infini, a Pay-Fi platform bridging stablecoin finance with real-world payments, today announced the launch of its Global Card, a virtual payment card that delivers daily yield on stablecoin balances alongside broad wallet compatibility. This new offering allows users worldwide to earn interest on their stablecoin (e.g. USDC/USDT) holdings even while spending them via Apple Pay, Google Pay, Alipay, or PayPal at millions of merchants. The Global Card’s debut marks a strategic milestone in Infini’s mission to integrate decentralized finance (DeFi) benefits into everyday transactions, expanding financial access for freelancers, unbanked individuals, and cross-border earners around the globe.
Feature Highlights
Daily Yield on Balances: The Infini Global Card links to users’ yield-generating accounts, meaning funds keep earning interest (accrued daily) until the moment of purchase. Even as users swipe or tap to pay, their remaining balance continues to grow – combining the utility of a payment card with the benefits of a high-yield savings account.
Multi-Wallet & Global Acceptance: The virtual card can be added to Apple Pay, Google Pay, Alipay, and PayPal wallets for convenient tap-to-pay and online transactions. Backed by the Visa/Mastercard network, the Infini Card is accepted at millions of merchants worldwide, just like any traditional debit or credit card, making stablecoin spending as universally accessible as fiat.
Physical Card Coming Soon: Infini has confirmed that a physical Global Card is ready for release in the coming weeks. The physical card will offer the same seamless spending experience and daily yield mechanism, giving users the choice of virtual or physical cards for their purchases. This expansion underscores Infini’s commitment to bridging digital assets with everyday payment methods both online and offline.
Renamed Card Lineup: As part of this launch, Infini is rebranding its suite of card products. The flagship “Woof Card” is now the Global Card – reflecting its worldwide utility, while the “Rabbit Card” is now the Tech Card – reflecting its strong dev/AI tool subscription utility, and the “Meow Card” is now the Lite Card – easy to start with. These new names align each card tier with its purpose and audience, streamlining the Infini product lineup as it grows and reaches new user segments.
Benefits for Global Users
By combining stablecoin savings with everyday spending, Infini’s Global Card directly addresses the needs of freelancers, unbanked individuals, and cross-border earners worldwide. Freelancers and remote workers can accept income in stablecoins and use them instantly for expenses, bypassing lengthy international bank transfers or local conversion issues. Unbanked users gain a simple, secure payment tool without needing a traditional bank account, allowing them to participate in e-commerce and global payments using only a digital wallet. Cross-border earners avoid the high costs and hassles of currency exchange by transacting in a stable USD value through Infini – preserving the value of their earnings and spending globally with ease. All users benefit from Infini’s low 0.8% transaction fee, which is significantly lower than typical remittance or forex fees and is expected to decrease further as the platform scales. The card’s stablecoin-to-USD conversion incurs no fees and is processed seamlessly at the point of sale: when a user makes a purchase, their stablecoins are instantly converted to the local currency through the card network, so merchants are paid in their currency while the user’s balance deducts in USD stablecoin. This real-time conversion and low-fee structure make everyday transactions cost-effective and frictionless, ensuring users can save while they spend in any corner of the world.
“Our vision is to remove barriers between digital asset savings and everyday finances,” said Christian Li, CEO of Infini. “The Global Card is a major step toward that vision – it gives people the freedom to earn yield on their deposits and spend it anywhere, anytime. By blending the stability of USD-pegged assets with the familiarity of a payment card, we’re empowering everyone to transact, save, and thrive in the global economy.”
Security, Compliance and Roadmap
Infini employs a CeDeFi model (centralized-decentralized finance) that combines the compliance and user protection of traditional finance with the innovative yield opportunities of decentralized finance. All user funds are held with institutional-grade security measures, including multi-signature custody and ongoing third-party audits, to ensure assets remain safe. The platform adheres to strict KYC/AML standards and works with regulated partners to maintain robust compliance across jurisdictions. On the innovation front, Infini is continuously enhancing its security architecture – incorporating advanced safeguards and monitoring – while also collaborating with leading security auditors to preemptively address emerging threats. Looking ahead, the company’s roadmap includes rolling out physical cards to complement the virtual offering and expanding support to additional stablecoins and local currencies. Infini also plans to enter new markets in the coming months, extending its Pay-Fi services to more regions through local partnerships and regulatory approvals. These steps, alongside ongoing product refinements, position Infini to drive broader adoption of stablecoin-based finance in a secure, compliant, and user-centric way.
About Infini
Infini is a next-generation Pay-Fi platform bridging stablecoin finance with real-world payments. With 50,000+ users across the globe, Infini enables anyone to earn daily yield on USD-pegged digital assets and spend them seamlessly via the Visa and Mastercard networks. The platform integrates decentralized stablecoin yields with the convenience of traditional payment infrastructure, allowing stablecoin holders to transact at millions of online and offline merchants worldwide. Infini’s mission is to empower users of all backgrounds with accessible financial tools that blend the stability of fiat currency with the innovation of crypto technology – delivering secure, low-cost, and inclusive financial services.
Social Links and Media Contact
Disclaimer: This press release is provided by Infini. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. This content is for informational purposes only and should not be considered financial, investment, or trading advice. Investing in crypto and mining related opportunities involves significant risks, including the potential loss of capital. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector–including cryptocurrency, NFTs, and mining–complete accuracy cannot always be guaranteed. Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. Speculate only with funds that you can afford to lose. In the event of any legal claims or charges against this article, we accept no liability or responsibility.
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NEW YORK, May 02, 2025 (GLOBE NEWSWIRE) — Empire Metals Limited (OTCQB: EPMLF, AIM: EEE), based in London, UK, and Perth, Australia, and focused on the Pitfield Project, the largest titanium discovery globally, today announced that Shaun Bunn, Managing Director, will present live at the Metals & Mining Virtual Investor Conference hosted by VirtualInvestorConferences.com, on May 7th.
Shaun Bunn, MD, will be presenting and Empire’s Head of Corporate Development, Arabella Burwell, will be available for 1×1 meetings: May 7, 12 and 13
This will be a live, interactive online event where investors are invited to ask the company questions in real-time. If attendees are not able to join the event live on the day of the conference, an archived webcast will also be made available after the event.
It is recommended that online investors pre-register and run the online system check to expedite participation and receive event updates.
Confirmation of widespread and continuous, high-grade titanium dioxide (‘TiO2‘) mineralization within the in-situ weathered cap at Pitfield, extending from surface to depths of over 50 meters.
Broad, continuous, high-grade zones identified in every hole of drilling program, with an average weathered interval grade of 5.77% TiO2.
Preliminary test work delivered a high-purity TiO2 product, which assayed at 91.6% TiO2.
The TiO2 product under development at Pitfield is entirely free of any deleterious impurities and is suitable for high-quality titanium sponge metal or high-grade titanium dioxide pigment production.
About Empire Metals Limited
Empire Metals is an exploration and resource development company with a primary focus on developing Pitfield, an emerging giant titanium project in Western Australia.
The high-grade titanium discovery at Pitfield is of unprecedented scale, with airborne surveys identifying a massive, coincident gravity and magnetics anomaly extending over 40km by 8km by 5km deep. Drill results have indicated excellent continuity in grades and consistency of the mineralised beds and confirm that the sandstone beds hold the higher-grade titanium dioxide (TiO2) values within the interbedded succession of sandstones, siltstones and conglomerates. The Company is focused on two key prospects (Cosgrove and Thomas), which have been identified as having thick, high-grade, near-surface, bedded TiO2 mineralization, each being over 7km in strike length.
An Exploration Target* for Pitfield was declared in 2024, covering the Thomas and Cosgrove mineral prospects, and was estimated to contain between 26.4 to 32.2 billion tons with a grade range of 4.5 to 5.5% TiO2. Included within the total Exploration Target* is a subset that covers the weathered sandstone zone, which extends from surface to an average vertical depth of 30m to 40m and is estimated to contain between 4.0 to 4.9 billion tons with a grade range of 4.8 to 5.9% TiO2.
The Exploration Target* covers an area less than 20% of the overall mineral system at Pitfield which demonstrates the potential for significant further upside.
Empire is now accelerating the economic development of Pitfield, with a vision to produce a high-value titanium metal or pigment quality product at Pitfield, to realize the full value potential of this exceptional deposit.
The Company also has two further exploration projects in Australia; the Eclipse Project and the Walton Project in Western Australia, in addition to three precious metals projects located in a historically high-grade gold producing region of Austria.
*The potential quantity and grade of the Exploration Target is conceptual in nature. There has been insufficient exploration to estimate a Mineral Resource and it is uncertain if further exploration will result in the estimation of a Mineral Resource.
About Virtual Investor Conferences® Virtual Investor Conferences (VIC) is the leading proprietary investor conference series that provides an interactive forum for publicly traded companies to seamlessly present directly to investors.
Providing a real-time investor engagement solution, VIC is specifically designed to offer companies more efficient investor access. Replicating the components of an on-site investor conference, VIC offers companies enhanced capabilities to connect with investors, schedule targeted one-on-one meetings and enhance their presentations with dynamic video content. Accelerating the next level of investor engagement, Virtual Investor Conferences delivers leading investor communications to a global network of retail and institutional investors.
Master Plumbers is pleased to announce the winners and finalists awarded at the 2025 New Zealand Plumbing Awards on Friday 2 May. The New Zealand Plumbing Awards wraps up our annual New Zealand Plumbing Conference, this year held in Brisbane, Australia.
Plumbing World Scholarships
Plumbing World Scholarships are awarded to three Masterlink apprentices who have demonstrated diligence in their assignment completions, and maturity and personal growth over the past year. They are a true asset to their Masterlink Host business.
Winners receive a $1,000 credit at Plumbing World, with the overall winner receiving registration, tickets and travel to the 2026 New Zealand Plumbing Conference.
WINNER Rory van Vroonhoven – CF Reese Plumbing, Hamilton
OVERALL WINNER Trent Toomey – Gas & Water Limited, Dunedin
Mark Whitehead Training Leader of the Year
This award recognises an individual who has gone beyond the call of duty to help educate and support people entering the industry. The winner will have demonstrated a true commitment to young people entering the industry, and an understanding of efforts required in building knowledge and standards within the sector. He or she deserves to be recognised for hard work and dedication to strengthening the industry.
WINNER Jacob Smith – Plumbing & Gas Works, Hamilton
Product of the Year
This award recognises the significant contribution to product development of a company or individual in the plumbing, gasfitting and drainlaying industry in the past year.
WINNER Aladdin Easyfit Isolator – Plumbing World
New Zealand Plumber, Gasfitter or Drainlayer Employee of the Year
This award recognises excellence in the trade skills of an individual Certifying Plumber, Gasfitter or Drainlayer, who is a respected member of their trade and known for their leadership skills. The winner will have demonstrated ability in trade calculations; in the selection of materials appropriate to the specifications and design of their work; and in applying relevant documentation and regulatory compliance to their work.
WINNER Darrin Minifie – DL Good Plumbers, Auckland
Outstanding Projects Award
The award recognises an exceptional project that displays excellence and high levels of innovative plumbing, gasfitting and drainlaying methods, the use of new materials or the innovative use of existing materials.
WINNER Hockly Plumbers, Wellington, for their work on Ngā Mokopuna The Living Building
James Douglas Medallion
The prestigious James Douglas Medallion has been awarded each year since 1948. It recognises outstanding recently qualified tradespersons who have demonstrated hard work, commitment, and determination to achieve industry success. Young people are the lifeblood of our industry, and it is important we can attract and retain the best young people entering the workforce.
The overall James Douglas Medallion recipient will be chosen from these three finalists and will receive a $500 cash prize together with a Career Development Scholarship to the value of $2,500 from The Skills Organisation. This is a major prize designed to build the winner’s career progression.
PLUMBING FINALIST Andrew Smith – E.G. Glennie & Co Ltd
GASFITTING FINALIST Marieke Oram – Clyne and Bennie Ltd
DRAINLAYING FINALIST Daniel Collins – Evergreen Plumbing Group Ltd
WINNER Andrew Smith – E.G. Glennie & Co Ltd
Jackson Women in Plumbing
This award recognises a woman who has made an outstanding contribution to the plumbing, gasfitting or drainlaying industry.
WINNER Andrea Lovell – Heron Plumbing, Auckland
Graeme Victor Smith Contribution to the Industry
This award is presented in recognition of values important to Graeme Smith’s career and personal involvement in the industry. It recognises commitment to Master Plumbers, to the industry, to running a successful business and to developing young and future plumbers.
WINNER Aaron Rink – CF Reese Plumbing, Hamilton
Master Plumbers Business Partner of the Year
This award recognises a Master Plumbers business partner who is commitment to Master Plumbers as well as contributes and supports the success of the plumbing, gasfitting and drainlaying industry.
WINNER Allproof Industries
New Zealand Master Plumber of the Year
This award recognises a Master Plumbers member that can clearly demonstrate its business acumen and drive for success. The recipient will exemplify the highest levels of professionalism and service.
WINNER Jason Brown Plumbing & Gas
About the New Zealand Plumbing Awards
The New Zealand Plumbing Awards acknowledge the many positive achievements and success stories in the plumbing, gasfitting and drainlaying industry and are presented at a gala dinner on the final night of the annual New Zealand Plumbing Conference. Organised by Master Plumbers, the national conference has been held for over 100 years and is the premier event in the plumbing, gasfitting and drainlaying industry, with attendees coming from all over the country.
Master Plumbers, Gasfitters and Drainlayers NZ Inc (Master Plumbers) is the national membership organisation for plumbing, gasfitting and drainlaying businesses, with 18 regional Associations and Branches across New Zealand. Companies go through a Quality Assurance programme in order to become a member. We provide members with a wide range of resources and training opportunities to support them in staying up with the latest technologies, products and compliance requirements. We advocate on behalf of our members and our industry.
Masterlink, a group training scheme owned by Master Plumbers, provides managed mentored apprenticeships across New Zealand, with Regional Managers supporting the apprentices and the businesses who host them during their training.
Saskatoon, SK., May 02, 2025 (GLOBE NEWSWIRE) — Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO) (FSE: 3U8A) (“Draganfly” or the “Company”), a drone solutions, and systems developer, today announced the pricing of its previously announced underwritten public offering (the “Offering”) of 1,715,000 units, with each unit consisting of one common share and one warrant to purchase one common share. Each unit is to be sold at a public offering price of US$2.10, for gross proceeds of approximately US$3.6 million, before deducting underwriting discounts and offering expenses. The warrants will have an exercise price of CA$3.9779 (or US$2.875) per share, are exercisable immediately and will expire five years following the date of issuance. In addition, the Company granted the underwriter a 45-day over-allotment option to purchase up to an additional 15 percent of the number of common shares and/or warrants offered in the Offering.
Maxim Group LLC is acting as sole book-running manager for the Offering.
Draganfly currently intends to use the net proceeds from the Offering for general corporate purposes, including to fund its capabilities to meet demand for its new products including growth initiatives and/or for working capital requirements including the continuing development and marketing of the Company’s core products, potential acquisitions and research and development. The Offering is expected to close on or about May 5, 2025, subject to the satisfaction of customary closing conditions.
The Offering is subject to customary closing conditions including receipt of all necessary regulatory approvals, including approval of the Canadian Securities Exchange and notification to the Nasdaq Stock Market.
The Offering is being made pursuant to an effective shelf registration statement on Form F-10, as amended, (File No. 333-271498) previously filed with and subsequently declared effective by the U.S. Securities and Exchange Commission (“SEC”) on July 5, 2023 and the Company’s Canadian short form base shelf prospectus dated June 30, 2023 (the “Base Shelf Prospectus”). Draganfly will offer and sell the securities in the United States only. No securities will be offered or sold to Canadian purchasers.
A preliminary prospectus supplement and accompanying Base Shelf Prospectus relating to the Offering and describing the terms thereof has been filed with the applicable securities commissions in Canada and with the SEC in the United States and is available for free by visiting the Company’s profiles on the SEDAR+ website maintained by the Canadian Securities Administrators at www.sedarplus.ca or the SEC’s website at www.sec.gov, as applicable. A final prospectus supplement with the final terms will be filed with the securities regulatory authorities in the Canadian provinces of British Columbia, Saskatchewan and Ontario and the SEC. Copies of the preliminary prospectus supplements, accompanying Base Shelf Prospectus, and final prospectus supplement, when available, relating to the Offering may be obtained by contacting Maxim Group LLC, at 300 Park Avenue, 16th Floor, New York, NY 10022, Attention: Syndicate Department, or by telephone at (212) 895-3745 or by email at syndicate@maximgrp.com.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or other jurisdiction.
About Draganfly
Draganfly Inc. (NASDAQ: DPRO; CSE: DPRO; FSE: 3U8A) is a pioneer in drone solutions, AI-driven software, and robotics. With over 25 years of innovation, Draganfly has been at the forefront of drone technology, providing solutions for public safety, agriculture, industrial inspections, security, mapping, and surveying. The Company is committed to delivering efficient, reliable, and industry-leading technology that helps organizations save time, money, and lives.
Certain statements contained in this news release may constitute “forward-looking statements” or “forward-looking information” within the meaning of applicable securities laws. Such statements, based as they are on the current expectations of management, inherently involve numerous important risks, uncertainties and assumptions, known and unknown. In this news release, such forward-looking statements include, but are not limited to, statements regarding the timing, size and expected gross proceeds of the Offering, the satisfaction of customary closing conditions related to the Offering and sale of securities, the intended use of proceeds, and Draganfly’s ability to complete the Offering. Closing of the Offering is subject to numerous factors, many of which are beyond Draganfly’s control, including but not limited to, the failure of the parties to satisfy certain closing conditions, and other important factors disclosed previously and from time to time in Draganfly’s filings with the securities regulatory authorities in the Canadian provinces of British Columbia, Ontario and Saskatchewan and with the SEC. Actual future events may differ from the anticipated events expressed in such forward-looking statements. Draganfly believes that expectations represented by forward-looking statements are reasonable, yet there can be no assurance that such expectations will prove to be correct. The reader should not place undue reliance, if any, on any forward-looking statements included in this news release. These forward-looking statements speak only as of the date made, and Draganfly is under no obligation and disavows any intention to update publicly or revise such statements as a result of any new information, future event, circumstances or otherwise, unless required by applicable securities laws. Investors are cautioned not to unduly rely on these forward-looking statements and are encouraged to read the Offering documents, as well as Draganfly’s continuous disclosure documents, including its current annual information form, as well as its audited annual consolidated financial statements which are available on SEDAR+ at www.sedarplus.ca and on EDGAR at www.sec.gov/edgar.
Collaboration with Armit Addresses Growing Demand for Defense Video & AI Solutions
Rehovot, Israel, May 02, 2025 (GLOBE NEWSWIRE) — Maris-Tech Ltd. (Nasdaq: MTEK, MTEKW) (“Maris-Tech” or the “Company”), a global leader in video and artificial intelligence (“AI”)- based edge computing technology, today announced that it has entered into a new distribution agreement with Armit Sp. z o.o. (“Armit”), a leading Polish defense solutions provider. The collaboration represents a key step in Maris-Tech’s European growth strategy, which is to expand access to its advanced video streaming, AI, and situational awareness platforms in one of Europe’s most strategically important defense markets.
Founded in 2015 and headquartered in Warsaw, Poland, Armit specializes in defense system integration, communications infrastructure, and electronic components and serves as a trusted partner to Poland’s armed forces and security agencies. Pursuant to the agreement, Armit will distribute Maris-Tech’s suite of ruggedized video processing and intelligence platforms, including products designed for armored vehicles, drones, naval systems, and mobile tactical units.
This announcement follows Maris-Tech’s broader strategy to expand its global distribution network, bringing real-time video intelligence and AI-driven situational awareness to more defense customers across Europe and beyond.
“We’re excited to collaborate with Armit as part of our European expansion,” said Israel Bar, Chief Executive Officer of Maris-Tech. “Armit is an ideal collaborator to help us grow our footprint in this market, enabling a larger customer base to benefit from our innovative AI and video solutions.”
“At Armit, we pride ourselves on offering the best technology to our customers. We are proud to collaborate with Maris-Tech and look forward to introducing their innovative video and AI edge computing solutions to the Polish market,” said Mr. Dariusz Sobczak, President of Armit.
About Maris-Tech Ltd.
Maris-Tech is a global leader in video and AI-based edge computing technology, pioneering intelligent video transmission solutions that conquer complex encoding-decoding challenges. Our miniature, lightweight, and low-power products deliver high-performance capabilities, including raw data processing, seamless transfer, advanced image processing, and AI-driven analytics. Founded by Israeli technology sector veterans, Maris-Tech serves leading manufacturers worldwide in defense, aerospace, Intelligence gathering, homeland security (HLS), and communication industries. We’re pushing the boundaries of video transmission and edge computing, driving innovation in mission-critical applications across commercial and defense sectors.
This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, that are intended to be covered by the “safe harbor” created by those sections. Forward-looking statements, which are based on certain assumptions and describe our future plans, strategies and expectations, can generally be identified by the use of forward-looking terms such as “believe,” “expect”,” “may”, “should,” “could,” “seek,” “intend,” “plan,” “goal,” “estimate,” “anticipate” or other comparable terms. For example, the Company is using forward-looking statements when it is discussing the Company’s European growth strategy, the Company’s broader strategy to expand its global distribution network, that Armit is an ideal collaborator to help the Company grow its footprint in the market, enabling a larger customer base to benefit from its innovative AI and video solutions and introduction of the Company’s innovative video and AI edge computing solutions to the Polish market . The Company’s actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, the following: its ability to successfully market its products and services, including in the United States; the acceptance of its products and services by customers; its continued ability to pay operating costs and ability to meet demand for its products and services; the amount and nature of competition from other security and telecom products and services; the effects of changes in the cybersecurity and telecom markets; its ability to successfully develop new products and services; its success establishing and maintaining collaborative, strategic alliance agreements, licensing and supplier arrangements; its ability to comply with applicable regulations; and the other risks and uncertainties described in the Annual Report on Form 20-F for the year ended December 31, 2024, filed with the SEC on March 28, 2025, and its other filings with the Securities and Exchange Commission. The Company undertakes no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.
Source: United Kingdom – Executive Government & Departments
Speech
Dame Angela McLean’s speech at the Royal Institution
This is a draft text of the speech ‘Discourse: The future of engineering biology’ delivered by Government Chief Scientific Adviser Professor Dame Angela McLean at The Royal Institution on 25 April 2025.
I want to start by asking you all to think about how you got here tonight.
I don’t mean in some philosophical sense; that kind of question is better left to other speakers. I mean literally: how did you make your way, here, to the Royal Institution?
If you’re anything like me, you relied on Google Maps to show you the way (although I may be obliged to say “Other providers are available”). Perhaps you also used your phone to pay for the bus or Tube.
If you’re joining us online – hello to you all! – you’ll be watching on a phone, tablet or laptop. So, one way or another, most of us made it here thanks to 1 of these devices.
Now I want you to think about the battery in your phone. Chances are it’s a lithium-ion battery. And if you came in an electric car or bus, you would also have depended on a lithium-ion battery.
The advantage of lithium-ion batteries compared to traditional alkaline batteries – the kind you may still put in the back of your TV remote – is that they can provide more energy and are rechargeable. People old enough to have depended entirely on alkaline batteries for many more devices besides the TV remote will remember the frustration when they ran out of power – and trying to cobble together another set of batteries to get them working again. Our phones may go dead, but it’s simple and convenient to recharge them.
But there is a downside, namely all the metals that go into making these modern batteries and electrical products, including lithium, cobalt and other rare earth elements.
Getting hold of these metals is hard. Most are currently extracted and purified from compounds in rocks, a process which can be very energy-intensive as well as very polluting.
Recycling and reusing these same metals is also hard.
This is the periodic table of the elements created by Dmitri Mendeleev, first published in 1869 and subsequently presented right here at the Royal Institution some 20 years later.
How many elements do you think are used in electronic products?
Electronic products can contain up to 60 different elements – around 52 of them metals (those are the elements highlighted in blue on the slide) – and we currently rely on inefficient and environmentally damaging methods to isolate and recycle individual metals.
Indeed, many electronic items cannot be recycled. They simply go to landfill. This is already a serious issue and it’s 1 that will only get worse as global demand for electronics increases.
Well, what if I told you that researchers here in the UK have identified naturally occurring bacteria, which have the ability to extract and recycle metals from this sort of waste?
Hats off to anyone in the audience familiar with the strain of bacteria called Shewanella oneidensis MR-1, which can remove manganese from lithium-ion batteries. Or the bacteria Desulfovibrio alaskensis, which is capable of precipitating cobalt out from a mixture of the different metals and chemicals in lithium-ion batteries.
I’m only aware of these bacteria thanks to amazing research taking place in the UK, including by Louise Horsfall’s group at the University of Edinburgh. Louise’s team have been collaborating with researchers from across the country as part of the ReLib project, which stands for the reuse and recycling of lithium-ion batteries.
Actually, 1 of the funders for this project is the Faraday Institution, the UK’s flagship battery research programme named for the great Michael Faraday whose desk is in front of me.
On his desk I have a few items to use to help explain battery recycling.
Louise’s team have primarily been focused on recycling metals from large lithium-ion batteries used in electric vehicles. However, they can be pretty large – too large for me to bring here tonight. Nevertheless, many of you will know what a lithium-ion battery looks like from your phone – and the science behind how we can recycle these batteries is no different.
Once lithium-ion batteries reach the end of their life they can be disassembled and shredded using mechanical methods to produce this. In this case, the shredded material has come from part of the battery called the cathode, which contains lots of the metals we want to recycle.
Once we’ve dissolved this shredded material using chemical or biological methods, we get this solution here… called metal leachate. This contains the useful metals we’re interested in and it’s at this point that we introduce the bacteria I mentioned earlier.
The bacteria collect and excrete specific metals as tiny nanoparticles which we can recover to give us something like this… which is manganese that Louise’s team has produced in the way I’ve just described from this exact process! We can then use this manganese to build new batteries or other devices.
You might be wondering what do we do with what’s left behind in the leachate solution. Well, after the bacteria have done their work we are left with this biobrine which is rich in lithium – and resembles what you might find in lithium deposits in South America. This too can be used to make new batteries.
And I’m not just talking about using a few types of microorganism to improve the extraction and recycling of 1 or 2 metals. There appear to be lots of different microbes out there capable of extracting different metals. Indeed, it’s possible that the bacteria have evolved this capability in a way that detoxifies their own environment, collecting up and excreting harmful metals and so not being poisoned.
So if we use combinations of these bacteria and we tweak the characteristics of these strains, we can increase the efficiency with which metals are purified and recycled from waste.
That word tweaking is important and it doesn’t do justice to the science involved. What we’re really talking about is engineering existing microbes to extract and recycle metals.
Extracting metals from the ground is a hugely expensive and damaging process. It looks rather like this:
What you can see on the bottom part of this slide is an open cast manganese mine.
And once we’re finished with products needing such metals, we throw them away. The top part of this slide shows a landfill site after a fire. There have been reports of lithium-ion batteries causing fires at landfill sites across the world.
With engineering biology, we only need to remove metals from the ground once; thereafter they can become part of a genuine circular economy through continual re-use.
We use physics, chemistry and engineering to get them out of the ground but then we can and should use biology and engineering to keep recycling them.
And this is just 1 example of what is within our grasp thanks to the power and potential of the scientific field called engineering biology.
I’m speaking about engineering biology this evening because I believe it could be the most significant branch of science for decades to come.
I want to explain why I think that’s the case – and to share my excitement about this field for 2 main reasons.
The first is that the science and engineering involved in this field is, frankly, beautiful.
The second – and more important – reason is that both current and future applications will make a huge difference to the everyday lives of people in the UK and across the world.
I’m here to try to convince you of both these things, but if I can convince you of only 1, I want it to be the latter.
I’m really keen for people to recognise that the scientists and engineers in this field are working to produce solutions that most, if not all, of us can agree are necessary… urgently necessary even.
To kick off, I ought to say that – as Government Chief Scientific Adviser – my role is to advise the Prime Minister and the Government on all matters related to science, technology and engineering.
The job – and the advice – is a mixture of proactive and reactive work. It covers everything from providing scientific and technical advice during a national emergency to explaining the risks and opportunities around emerging technologies like artificial intelligence and engineering biology.
Now, in getting to grips with the promise of engineering biology, I did have a little bit of a head start.
I am a mathematical biologist by background. My own research focused on using mathematical models to improve our understanding of the evolution and spread of infections like measles and HIV.
I don’t, however, have any background in engineering, nor in biochemistry. So I have had to get up to speed over the past few years.
At this point let me explain what engineering biology actually is.
Engineering biology involves applying engineering to biological processes in order to bend biology to our will.
In other words, it’s the practice of using ideas and tools taken from engineering to design and modify living organisms or biological systems.
Using tools and ideas developed over recent decades, the goal is to develop new materials and energy sources; to improve animal, plant and human health; to address environmental issues in new and sustainable ways.
What we’re talking about is the ability to harness and control biology predictably, repeatably and – I’ve said this already – usefully. Sometimes that will mean working with what’s already available in nature; at other times, it will involve genetic modification techniques.
Let me unpack some of this a bit further.
Firstly, on the engineering side. Here, I want to start with the design-build-test-learn cycle – DBTL for short.
This approach has been central to product development in engineering disciplines for some time. It drives continuous refinement and innovation, making research and development faster and more efficient.
In engineering biology, design-build-test-learn is brought to bear on biological processes – by which I mean the activities occurring within living organisms.
Image of the design-build-test-learn cycle. Each element is located in a different quarter and all 4 quarters make up a circle.
Essentially, I’m talking about designing something biological – like a version of a cell, or it could be a biological process (such as cell division) or a genetically-engineered system…
Then building it, maybe in the lab…
Then testing it to see how well it works…
Before finally, and perhaps most importantly, learning from what did and didn’t work and then feeding the lessons into another round of design, making improvements again and again around this cycle, towards an end goal.
This looks like being a more efficient way of recycling metals, to use the case study I gave at the start.
And why is this approach necessary? Well, because living organisms are highly complex, with many different parts and networks of interactions between those parts.
One could argue that physical or chemical systems are a bit more straightforward, more predictable, more easily quantifiable. We’ve been using this design-build-test-learn process to bend chemistry and physics to our will for more than a century – very successfully.
The complex and often unpredictable nature of biological systems means we need to work through multiple permutations to get to a desired outcome – and that’s where the engineering in engineering biology comes in.
If we can get this approach right – and I’m going to offer some further examples later showing where we already are – then we have the power to systematically develop biological systems to meet some of the biggest challenges we face.
Let me be more definitive. If the nineteenth century was chemistry’s golden age, and the twentieth century was the same thing for physics, I believe the twenty-first century should be the golden age for biology.
Why am I so optimistic?
This century can belong to biology because of a series of extraordinary advances in scientific understanding.
Where to begin? Of course, we have spent thousands of years modifying the living world.
But I’m not going to go all the way back to the domestication of wild crops. I’m not even going back to Darwin and Mendel.
Instead I’ll start with Watson, Crick and Wilkins – as well as the often overlooked Rosalind Franklin; 3 of the 4 received a Nobel Prize in 1962. By determining the structure of DNA, they discovered what we can call the language of biology.
Understanding the structure of DNA opened the door to reading this complex language, then editing it, then actually writing it ourselves.
Our ability to read DNA took a big step forward thanks to Walter Gilbert and Fred Sanger, who shared half of the 1980 Nobel Prize in Chemistry. Gilbert and Sanger did lots of work to understand the building blocks of DNA – the nucleotide alphabet of biology, if you like.
The next game-changer was in 1983 when an American biochemist, Kary Mullis, developed something called the Polymerase Chain Reaction. Better known as PCR, it is a laboratory technique that’s used to make copies of particular pieces of DNA. Think of it as a photocopier for DNA.
The technique lets scientists easily – and cheaply – create many millions of copies of DNA segments from very small original amounts – and that makes reading the DNA in a sample possible even if it is only there in tiny amounts.
You will all have become familiar with PCR during the Covid pandemic, when it was used to make many copies of the viral genetic material to allow reliable diagnosis of a Covid infection. That was the test where you did a swab, popped it in a test tube and then sent it away in the post. It was particularly important early on, before we had home testing kits.
The invention of PCR also earned a share of the 1993 Nobel Prize in Chemistry – that’s DNA Nobel number 3.
Fast forward 10 years to 2003 and the completion of the Human Genome Project. Researchers across the world spent some 13 years cataloguing the precise sequence of all the DNA in the cells of a human being. It was a huge effort and that first whole genome sequence of a human cost an estimated £2.5 billion.
Thankfully – but also remarkably – sequencing technology has come on leaps and bounds over the past 20 years. Now, it is possible to sequence the same amount of DNA analysed by the Human Genome Project in a single day – and for just a few hundred pounds! We’ve even developed pocket-sized machines which are capable of reading DNA in real-time.
In fact, I have 1 here: a portable sequencing device made by Oxford Nanopore. You simply add your sample into the middle here – this contains the sensor that will help to read the DNA sequence of your sample. Then simply close the lid and press go. And the results are delivered straight to your laptop via a USB-C cable which plugs into the end here.
This is useful for situations where we can’t send off a sample for analysis and wait days for the results – if, say, we’re urgently trying to identify the cause of an infection in some far-flung corner of the world.
So… we’ve learned to amplify DNA using PCR and we’ve learned to read DNA – fast – using rapid sequencing technologies.
We’ve also started learning – and do emphasise “started” – to accurately and precisely “edit” DNA.
Previously, when we wanted to do this, the methods were somewhat cruder – such as gene guns, which were used to literally fire DNA into cells.
We now have tools like CRISPR-Cas9 (another Nobel prize-winning technology developed by Emmanuelle Charpentier and Jennifer Doudna), and we can now take a targeted portion of DNA and change it very accurately in specific places. Some people have compared CRISPR to using a pair of genetic scissors.
Some of you might be wondering whether engineering biology is any different from another common term: synthetic biology. They are often applied interchangeably, although different countries interpret them in different ways.
The way I see it, synthetic biology refers to tools like CRISPR, used to design and build new biological components. Engineering biology is taking these tools – with or without genetic modification – and using the DBTL cycle to apply these tools at scale to find solutions to problems in the world around us.
There are still challenges with the accuracy of such tools, but the possibilities are vast.
We know that certain diseases are caused by mutations in a single gene. Sickle cell disease, for example, is caused by mutations in the beta-globin gene, resulting in red blood cells which are misshapen. As a result, these red cells don’t flow around the body as well as they should. This can cause those affected – roughly 17,500 people in the UK – to suffer from anaemia as well as complications like terrible pain and organ damage.
In the past, the only treatment was to rely on regular blood transfusions or a bone marrow transplant, neither of which comes without risks or complications. However, researchers have been using CRISPR to precisely edit the gene responsible for sickle cell with great success – so much so that, in January this year, the treatment was approved for use in the NHS as the world’s first gene-editing treatment for blood disorders.
And this is just 1 of many gene-editing clinical trials going on right now, including treatments for liver disease, heart disease and some cancers.
The possibilities are not confined to human diseases. We can use these genetic scissors to develop crops that are better at withstanding drought and more resistant to insects, so we don’t have to rely so much on pesticides.
And it’s these tools that are being used to modify the bacteria designed for metal recycling that I spoke about at the start.
Now, it would be remiss of me to talk about the tools of the future without mentioning AI and the transformative impacts it could have.
A prime example is the challenge of understanding and predicting how proteins fold up intricately and precisely in all of our cells. Decoding this process is something scientists have been trying to achieve for decades.
And in 2018, DeepMind came along with its AI model AlphaFold. AlphaFold has since been used to calculate the structure of hundreds of millions of proteins. And, yes, it earned the UK’s Demis Hassabis a share of last year’s Nobel prize in chemistry.
Timeline starting with images of James Watson, Francis Crick, Maurice Wilkins and Rosalind Franklin above the year 1962. Images of Walter Gilbert and Frederick Sanger are next to the year 1980. Image of Kary Mullis is next to the year 1993. Images of Emmanuelle Charpentier and Jennifer Doudna are below the year 2020 and an image of Demis Hassabis is below the year 2024.
All that’s missing on my timeline now is the capacity to design a new protein from scratch de novo. That will bring us into the realm of being able to write the language of biology – designing and printing a sequence of synthetic DNA to produce a protein with the properties that we want, from scratch.
I’ve just been talking about how technologies such as AI, and tools such as CRISPR, are helping to broaden the range of biological powers at our disposal and increase our ability to design and optimise biological systems.
And all this comes with valid concerns about risks. An example which springs to my mind was when scientists in Australia created a version of a mouse virus back in 2001 that instead of causing the normal mild symptoms, killed all of the mice within nine days. They were conducting some innocent genetic engineering research to try and make a mouse contraceptive vaccine for pest control and inadvertently found a way of creating a much more deadly version of the mousepox virus. Unsurprisingly, this made quite a splash in the media – although I think it was good that such a story was not buried.
The point I want to make is that we must develop the right practices and regulation so that we ensure that research is carried out safely and responsibly but we do not stifle innovation.
We refer to this as “responsible innovation” and it is 1 of the pillars of our government vision for engineering biology. That has given rise to new guidance on which genetic sequences people should be allowed to order for their research – welcome progress.
Having the UK take a lead in this kind of responsible innovation – where we are thinking carefully about the desired benefits of our research as well as about how to avoid negative impacts – lets us manage the risks and harness the wealth of opportunities that engineering biology can offer.
There are also other challenges to overcome. What’s standing in the way of us exploiting engineering biology for good? I won’t dwell for long on this, because you’re here to hear about science, not policy – but it is important to talk about the barriers.
We’ve already spoken about proper regulation for engineering biology. We also need to have proper ways of funding the basic research that drives this wonderful new technology and also the application of that research that lets us solve real-world problems. Then there’s also the task of making more people aware of the potential for progress here.
But a key area for me – and also a common issue across all areas of science and technology – is making sure we have the right skills in our future workforce to perform the future jobs that come with new technologies.
The skill set for engineering biology is particularly broad: the field is a combination many different skill-sets and mindsets. Mostly we train people either to become biologists or to become engineers, and for this technology we need people who can think with both those mindsets. So we need to think about a pipeline which starts in schools, with children getting the right grounding in key subjects – and children also hearing about the exciting careers they can pursue through developing and using the technologies I’ve talked about.
I think it’s vital that we don’t think exclusively about technical skills: communication skills are extremely important too. It’s a wonderful thing to do pioneering, cutting-edge research but we also need to be able to explain what that’s about and why people should want it.
So far, I’ve told you a bit about what engineering biology is and how we’ve got to this point, poised for biological century. I’ve also talked a bit about risks and challenges, but I think it’s now time to delve further into the applications that I think are so inspiring.
Today, I launched a report called “Engineering Biology Aspirations”. It’s our attempt to share our excitement about the possibilities that this technology opens up – and we want to share it with everyone, my colleagues inside government and also much more widely.
It contains case studies, written by UK-based experts, that illustrate some of the diverse problems we can address using engineering biology. Microbial metal extraction is 1 of them. I want to highlight some others during the rest of this talk – and to recognise some of the amazing research taking place in the UK.
One of the reasons that I commissioned the report is that all too often, when someone mentions engineering biology or synthetic biology, the examples will involve vaccines or medicines.
Of course those are fantastic, important applications: with the Covid pandemic such a fresh memory, we are all acutely aware of the life-saving importance of rapid and effective vaccine production. And I’m in awe of those researchers who can edit the gene that causes sickle cell disease.
But I want to make sure that we also shine a light on the true breadth of opportunities that engineering biology presents, not only in health, but across agriculture, materials, chemicals, energy, defence.
So, let’s shift gear and think about the fashion industry. Unlike metal recycling, it’s a sector familiar to all of us. We all buy and wear clothes, but we don’t often stop to think about where they’ve come from, how they’ve been made, and at what cost to the environment.
Putting aside issues around workforce conditions and waste, the fashion industry is 1 of the world’s largest polluters, responsible for up to 8 per cent of carbon emissions globally…
Not to mention the pollution generated in the form of clothing and textiles dumped in landfills, like this 1 in Bangladesh, never to biodegrade.
At the same time, 1/5 of the pollution of clean water around the world is caused by dyeing and treating textiles.
And there’s also growing awareness of the environmental damage caused by the microfibres shed by polyester clothing.
So it’s no surprise that plenty of researchers and companies here in the UK and beyond are seeking inspiration from biological processes to make new materials that don’t rely on fossil fuels or on animal products such as leather.
You may have been wondering why there are bottled drinks and a handbag beside each other on the Faraday desk. Well, they’re made of essentially the same material.
The process of making both items starts with microbes that naturally produce a material called nanocellulose.
In the case of Mogu Mogu – a coconut water drink you might find in your local supermarket – the nanocellulose is responsible for the lumps of jelly you can see in this bowl.
It is a polymer produced through fermentation – the same process used to make beer.
Now, 1 company I visited last year is called Modern Synthesis, based in South London and founded by Jen Keane and Ben Reeve. They’re aiming to develop scalable solutions to meet the fashion industry’s need for high-performing, versatile materials that don’t pollute the planet.
Modern Synthesis make nanocellulose fibres and then combine them with textiles such as cotton or linen to create new composites. These are then finished with natural coatings like waxes and oils to improve performance and to enhance look and feel, which are of course critical to customers. The result is this handbag!
Image of black, biologically derived material
And on the slide behind me, you can see in more detail the fibres that make up the handbag. These miniscule nanocellulose fibres are actually really, really strong – 8 times stronger than stainless steel relative to weight!
Modern Synthesis is just 1 example of a pioneering UK company making waves in this area. Another example is Solena Materials who are using AI to help design completely new materials from scratch, including fibres that are effective at absorbing energy. This makes them relevant for the military and the police, who need blast-, ballistic- and stab-proof clothing. As the ex-Chief Scientific Adviser for the Ministry of Defence, it’s great to see engineering biology applications offering benefits for defence.
Developing new materials like these can significantly reduce greenhouse gas emissions compared to traditional material production. This includes minimising the environmental impacts of raising livestock for leather or the energy-intensive processes involved in creating synthetic textiles such as polyesters and nylons. Better still, these materials can be designed for biodegradability, getting away from the big problem of plastic pollution.
Allow me to quote from our report for a second: “Imagine a world where every piece of your clothing has minimal cost to the environment, with zero waste going to landfills. Even if a piece of clothing is accidentally discarded into the environment, it safely biodegrades to leave no trace of its existence. This is the future of fashion, and engineering biology is helping to make it happen.”
Let me move now to another pervasive problem: inefficiencies in food production. Most of you will be aware that fertilisers are used by farmers across the world to supply nitrogen to their crops. Without fertilisers, yields suffer.
But there are 2 problems. First, the process for making nitrogen fertilisers is very energy-intensive. It’s responsible for between 1 and 2% of the entire world’s energy use – and generates matching CO2 emissions. Second, using fertilisers has considerable environmental impacts, releasing further greenhouse gas emissions and damaging waterways thanks to fertiliser runoff from fields.
This slide shows excessive algae growth – a common impact of fertiliser runoff – in the River Wantsum in Kent.
Currently, farmers across the world use more than 200 million tonnes of chemical fertilisers every year.
Diagram showing molecules of nitrogen and hydrogen converted into molecules of ammonia, with a chemical equilibrium sign betweem ammonia and molecules of nitrogen that combine with molecules of hydrogen
Now, this ability to produce nitrogen at scale – via the Haber-Bosch process – was without question the most important chemical breakthrough of the 20th century. The reaction that underpins this industrial process is shown behind me – converting nitrogen and hydrogen into ammonia, which is commonly used in fertilisers. It was discovered by Fritz Haber. Over half the global population depends for survival on foods fertilised using industrial production of nitrogen. But for the reasons I’ve outlined, we do need to do better.
So how can engineering biology help?
What if we could engineer cereals crops to absorb their own nitrogen from the environment, without relying on fertilisers? We call that “fixing” nitrogen.
There are actually examples of this happening in nature. There are bacteria in the soil called rhizobia which are particularly good at fixing nitrogen; in fact, they convert nitrogen gas from the atmosphere into ammonia – which is precisely the form of nitrogen that plants need. Legumes such as peas, clover and lupins attract these rhizobia bacteria to live in their roots – in small structures called nodules. In return for a steady supply of ammonia, the plant houses and feeds the bacteria, forming an ideal symbiotic relationship.
Behind me is an illustration of a plant with root nodules… but in classic Blue Peter style, here are a couple I grew earlier!
This clover plant from my lawn has nodules on its roots – but, because they are a bit tiny, I have also brought a photo of the same plant.
For these sort of plants, we can already coat their seeds with rhizobia and achieve increases in yields. And we can even go a step further by adding the bacteria directly to fields in a process called soil inoculation.
But the trouble with cereal crops like wheat, barley and maize is that they don’t have those root nodules and nor do they produce the special signalling chemicals that legumes use to attract bacteria.
Image showing a clover plant with roots that have small circular nodules on them in the bottom left-hand corner and a sweet-corn plant with roots without nodules in the top right-hand corner
Here is another plant that I’ve brought in from my garden. This 1 is sweet-corn, a variety of maize and a major cereal crop worldwide. You can see its roots here on the top part of the slide… no nodules! These kinds of crops do not set up this kind of symbiotic relationship with nitrogen-fixing bacteria.
So what researchers, like Phil Poole at the University of Oxford, are doing is trying to engineer a new generation of fertiliser-free crops, drawing on plant genetics, biochemistry and soil ecology.
One approach, given what I’ve just described, is to engineer cereals to form nodules on their roots that can host nitrogen-fixing bacteria.
The UK is leading the way on this – Oxford and Cambridge universities have major programmes backed by investment from our research councils and from the Gates Foundation. In fact, the teams involved work together as part of a larger collaboration, and have recently made some significant advances, engineering barley to form nodule-like structures and engineering barley roots to release the chemical signal rhizopine that prompts rhizobia to start fixing nitrogen.
The design-build-test-learn cycle I described earlier is a part of this research. All of the progress made so far has built on round after round of modifying, testing and redesigning organisms.
There are still many hurdles to overcome, both from a technical perspective and societally; genetic modification of crops is a very sensitive issue. But the value of the prize here is large, and I think scientists should not be shy about describing it.
Imagine a world where humanity’s main source of carbohydrates – cereal crops like wheat and barley – are able to generate their own nitrogen fertiliser.
We could tackle global food shortages on a much more sustainable basis and at the same solve 1 of the most urgent climate challenges, consigning industrially-produced nitrogen to the past.
Now, let’s just think about crops in a further context, because harvesting doesn’t have to be the end of their engineering biology journey!
At the start of this talk, I name-dropped a couple of bacterial strains in relation to metal recycling. Well the biologist in me can’t help but tell you another 1 – this time being a type of bacteria called Halomonas.
Researchers like Nigel Scrutton up at the University of Manchester, are engineering these bacteria to act as efficient factories for converting food waste into fuel via fermentation. When I say factories, I’m not talking about the massive industrial sites we would normally associate with fuel production.
This photo is of Fawley oil refinery in Hampshire.
Diagram showing drawings representing bacteria, food waste feedstock, a cylinder that produces fuel and container. The diagram shows that the result of feeding bacteria and food waste feedstock is fermentation that then produces fuel, which can be housed in a portable and scalable container
By contrast, these fuel-producing bacteria can be housed in different-sized containers like the ones on this slide – some of them not too dissimilar to shipping containers.
The beauty of this technology, therefore, is that it is inherently portable and scaleable to meet demand – with transformative implications for remote areas of the world where energy infrastructure can be scarce. And crucially, these are cleaner, fossil-free fuels that can be used to power homes, businesses, even aircraft.
Let’s focus on that last application for a second. At the moment, the aviation industry relies almost completely on kerosene-based fuels, which account for a staggering 3% of global CO2 emissions.
Burning fossil fuels is generally accepted as the main cause of global warming, so it is essential that we find ways to transition to sustainable sources of energy.
Engineering biology solutions like Nigel’s can therefore play a significant role in creating a future without fossil fuels. One of the benefits of using bacteria to turn waste into useful fuels is that this can create another circular economy in which we no longer need to extract and burn more and more harmful fossil fuels; instead we recycle the carbon we already have.
Personally, I think the environmental benefits are reason enough to get excited by this technology. But 1 of the great benefits of bacteria-fuel factories is how portable they are! In other words, they remove the need for large-scale bioreactor infrastructure.
Imagine a world where clean fuels could be produced locally and on demand – including in all those remote and sparsely populated regions which currently struggle to access the fuels they require.
Now, I argued just a moment ago that I want to convince people that engineering biology is about so much more than vaccines and medicines – and I hope that I’ve surprised at least some of you with the breadth of the examples I’ve described so far.
But I do have 1 example from medicine that is just too fascinating to leave out, and that’s research into laboratory-grown blood.
Why would we need such a product?
Currently, the world relies almost entirely on human blood donations to treat disease and for emergency medicine. In many countries, including the UK, donation rates fluctuate, and shortages can happen. On top of that, donated blood has a limited shelf life. It is challenging to store and challenging to distribute. When you consider the fact that some countries don’t have the infrastructure to deliver blood products safely, or think about conflict or humanitarian emergencies, the problems associated with donated blood become even clearer.
There are a few more issues too. It can be very difficult to source some rare blood types. And although blood services of course use screening to avoid known pathogens, there is always a risk of new ones arising, and being passed on to patients who receive blood transfusions.
For all these reasons, finding new ways to produce blood would be another game changer, and, once more engineering biology can help us.
Researchers, like Ash Toye at the University of Bristol, are exploring the possibility of banking unlimited supplies of red blood cells, either by transforming stem cells or genetically reprogramming donated precursor blood cells.
What you can see on the screen is a beautiful illustration by artist Claudia Stocker, which provides a visualisation of CRISPR – the “genetic scissors” technology I mentioned earlier – being used here to edit the genetic material of the precursor cells that will go on to become red blood cells.
The part of the image to focus on is the centre of the slide and specifically the spiral spools of DNA emanating from the big blue circle in the middle – the cell that will eventually give rise to the red blood cells around the outside of the slide. The little blue doughnuts represent the CRISPR technology in action, actively and precisely editing the DNA as we have instructed it to do.
This editing can enable us to produce precursor cells that can grow and divide indefinitely in a controlled environment, giving us unlimited blood supplies.
The Bristol team pioneering this research has been working closely with NHS Blood and Transplant and other partners in a ground-breaking clinical trial called RESTORE – RESTORE being the acronym for REcovery and survival of STem cell Originated REd cells.
It’s the first time in the world that red blood cells grown in a laboratory have been given to another person as part of a trial into blood transfusion – you might have seen media coverage of this programme, which has attracted interest from all over the world. The trial should produce further results by the end of this year or early next.
In the future, we could go a step further and use CRISPR to delete the genes responsible for blood groups, and – in doing so – create “universal” blood that would be invaluable in providing blood transfusions for individuals with rarer blood types.
Image of a table containing the combinations of blood types of a donor and a recipient that match each other and ones that do not. The matches are highlighted in purple and the mismatches in red
This slide is a brief reminder of the complexities around ensuring blood compatibility between donors and recipients. Only the combinations in purple are suitable.
The prospects here are again tantalising. Imagine a world where no patient dies due to a lack of compatible blood following an accident or during surgery. Where safe blood is available on demand, can be stored for longer and is free of disease transmission risks.
So there are all these amazing opportunities, which you can tell I love talking about!
We’ve covered a fair bit of ground about engineering biology: not just historically but geographically, in universities and companies, and across a range of applications.
I’m so proud that our country can lay claim to so much ingenuity. Microbial metal recycling from Edinburgh. Biosynthetic fuels from Manchester. Lab-grown blood from Bristol. Nitrogen-fixing cereals from Oxford. And nanocellulose-based materials from right here in London.
I want to end, though on a broader point concerning emerging technologies such as engineering biology and others besides.
Earlier, you heard me talk about risks and challenges, including the need for responsible innovation.
Another challenge – though – is about how we, as a society, talk about science and technology in general.
Clearly, 1 of my aims this evening has been to raise awareness of engineering biology.
But it strikes me that we’re living through a period where public engagement around science is getting harder.
That’s not just because of the unprecedented volumes of misinformation circulating around us.
We now live in a less paternalistic society – which is surely a good thing – it is no longer enough for scientists to tell people what’s good for them and expect them to toe the line. Instead, we know we need to have a proper, well-informed debate about these issues.
Clearly, it would be possible for the promise of engineering biology to be compromised by public opposition. We need to listen to public concerns – really listen! – and understand that if we don’t respond to those concerns people will be perfectly within their rights to not support, or actively block, the engineering biology advances that we’re trying to create.
There is a lot of work to do here. I don’t think we can ever be finished listening to the public.
Essentially, the technologies we’re developing in engineering biology need to offer solutions to problems that people actually care about.
Health, nutrition, climate, the environment, sustainability, global equity. I know that these are problems that billions of people care about.
I hope I’ve persuaded you that when it comes to these problems, engineering biology can provide solutions.
Image of the front cover of the ‘Engineering Biology Aspirations’ report on the left-hand side and a QR code to the webpage with the report on the right-hand side
Thank you for listening – do read our report; here it is – and thank you to the Royal Institution for asking me to speak in this 200th anniversary year for discourses.
SAN DIEGO, May 02, 2025 (GLOBE NEWSWIRE) — iBio, Inc. (Nasdaq:IBIO), today reported financial results for the third quarter ended March 31, 2025, and provided a corporate update on its progress.
“During the third quarter we were able to broaden our access to investors given our move to Nasdaq and subsequently in April, strengthened our financial position with a $6.2 million warrant-inducement equity raise, positioning us for continued growth and keeping us on track for regulatory submission of IBIO-600 in 2026,” said Martin Brenner, Ph.D., DVM, iBio’s Chief Executive Officer and Chief Scientific Officer. “At the same time, we made significant strides in our pipeline, with promising non-human primate data for IBIO-600 and the in-licensing of a first-in-class Activin E antibody, two antibodies we truly believe are bringing us closer to fulfilling our mission of delivering transformative therapies to patients suffering from cardiometabolic diseases and obesity.”
Fiscal Third Quarter 2025 & Recent Corporate Updates:
Began trading on the Nasdaq Stock Exchange under the ticker symbol “IBIO,” marking a significant corporate milestone that enhances visibility, improves trading liquidity, and aligns with the company’s strategy to attract long-term institutional investors.
Raised $6.2 million in gross proceeds through a warrant inducement transaction with institutional investors, strengthening our balance sheet and providing additional working capital to support advancements in our pipeline.
Fiscal Third Quarter 2025 Financial Results:
R&D expenses for the three months ending March 31, 2025 and 2024 were $1.9 million and $0.9 million, respectively, an increase of approximately $1.0 million. The growth in R&D expenses is mainly due to increased spending on consultants and outside services, consumable supplies, and personnel-related costs as a result of advancing research activities to support our IBIO-600 and Activin E programs.
G&A expenses for the three months ending March 31, 2025 and 2024 were approximately $3.0 million and $2.7 million, respectively, an increase of $0.3 million. The increase is primarily attributable to growth in IT related costs, consulting fees and franchise taxes, partially offset by lower professional service fees.
Net loss from continuing operations for the three months ending March 31, 2025 was approximately $4.9 million, or $0.49 per share, compared to a net loss from continuing operations of approximately $2.6 million, or $0.71 per share, in the same period of fiscal 2024.
Cash, cash equivalents and restricted cash as of March 31, 2025, was approximately $5.2 million, inclusive of $0.2 million of restricted cash. Subsequent to the warrant inducement transaction in April, cash, cash equivalents and restricted cash was approximately $10.5 million as of May 1, 2025.
About iBio, Inc.
iBio (Nadaq: IBIO) is a cutting-edge biotech company leveraging AI and advanced computational biology to develop next-generation biopharmaceuticals for cardiometabolic diseases, obesity, cancer and other hard-to-treat diseases. By combining proprietary 3D modeling with innovative drug discovery platforms, iBio is creating a pipeline of breakthrough antibody treatments to address significant unmet medical needs. Our mission is to transform drug discovery, accelerate development timelines, and unlock new possibilities in precision medicine. For more information, visit www.ibioinc.com or follow us on LinkedIn.
Safe Harbor Statement
Any statements contained in this press release about future expectations, plans, and prospects, as well as any other statements regarding matters that are not historical facts, may constitute “forward-looking statements.” The words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “should,” “target,” “will,” “would” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. These statements include statements regarding the events of the quarter ended March 31, 2025 and April 2025 positioning the Company for continued growth; the Company’s progress toward a regulatory submission of IBIO-600 in 2026; the promise of the non-human primate data for IBIO-600; IBIO-600 and Activin E antibody bringing the Company closer to delivering transformative therapies; the Company’s listing on Nasdaq enhancing visibility, improving trading liquidity, and attracting long-term institutional investors; IBIO-600’s potential to be a best-in-class long-acting anti-myostatin antibody; and the proceeds of the warrant inducement transaction being used to support advancements to the Company’s pipeline. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including iBio’s ability to submit a regulatory submission of iBIo-600 in 2026; to successfully develop iBIO-600 and Activin E antibody; attract long term institutional investors; -leverage its AI-driven platform to transform the treatment landscape for patients with cardiometabolic diseases and obesity with more effective, targeted therapies addressing the underlying causes of these conditions while improving overall metabolic health and quality of life; extend the half-life of IBIO-600; advance as a clinical-stage biotech; create a pipeline of breakthrough antibody treatments to address significant unmet medical needs; and transform drug discovery, accelerate development timelines, and unlock new possibilities in precision medicine the ability to advance iBio’s internal pipeline priorities in immuno-oncology and cardiometabolics, and drive partnerships in new therapeutic areas, the ability to finance when needed and the risk factors described in the Company’s Annual Report on Form 10-K for the year ended June 30, 2024, and the Company’s subsequent filings with the SEC, including subsequent periodic reports on Quarterly Reports on Form 10-Q and Current Reports on Form 8-K. Any forward-looking statements contained in this press release speak only as of the date hereof and, except as required by federal securities laws, iBio, Inc. specifically disclaims any obligation to update any forward-looking statement, whether as a result of new information, future events, or otherwise.
The next World Health Organization (WHO) Traditional Medicine Global Summit, 2–4 December 2025, was unveiled during a keynote plenary session at the World Health Summit Regional Meeting 2025 in New Delhi, India, on 25 April. The session, organized by the WHO Global Traditional Medicine Centre, brought together government ministers, private sector directors, scientists and United Nations leaders to explore how combining ancient wisdom and modern science can expand access to safe, effective and people-centred Traditional Medicine (TM) and strengthen global health equity.
Stewards of a collective future
Delhi-based broadcaster Rini Simon Khanna opened the session, entitled: “ Restoring balance: Scaling up access to evidence-based traditional medicine for health and well-being”. She emphasized that the audience had gathered as “stewards of a collective future in health”, with TM serving as “a bridge connecting ancestral knowledge and modern science”. Prataprao Jadhav, India’s Minister of State for the Ministry of Ayush, addressed the gathering via pre-recorded video, stressing the need to integrate traditional knowledge with modern health systems in response to global challenges. The Minister took the opportunity to introduce the second WHO Traditional Medicine Global Summit, to be held in December 2025, and encouraged people to continue the dialogue at the Summit and “be a part of this shared journey towards global health harmony”.
An evolving global health system
Dr Rajesh Kotecha, Secretary and Vice-Minister, Ministry of Ayush, opened the panel discussion, telling participants, “TM is not just a thing of the past, it is a living, evolving component of many health systems around the globe”, offering relevance and promise in delivering affordable, accessible, people-centred care.
The first panellist, Drungtsho Dorji Gyeltshen, Traditional Medicine Physician at National Traditional Medicine Hospital, Bhutan, showcased how the country’s traditional system of health care, Sowa-Rigpa, is accessible to rural and hard-to-reach communities and offers trusted, free and culturally relevant care. Sowa-Rigpa plays a key role in Bhutan’s Gross National Happiness, which is aligned to four pillars: good governance, social and economic development, preservation and promotion of culture, and environmental conservation.
Global strategy for TM
Dr Saima Wazed, Regional Director for WHO South East Asia Regional Office, explained how the draft WHO Global Strategy for Traditional Medicine, 2025–2034 (scheduled for discussion at the Seventy-eighth World Health Assembly) will support WHO Member States in integrating TM into primary health care. She stressed the need to develop evidence-based programmes to reduce misinformation, for greater confidence in TM. She also highlighted the need for culturally reflective policies and regulatory bodies, communicated in understandable language.
The role of evidence
Aditya Burman, Non-Executive Director of Dabur India, emphasized the need to shift from anecdotal to evidence-based TM, just as biomedicine did. He added, “We hear anecdotal a little too much when it comes to TM, and we’d like to change that”. When discussing how to drive future growth in the TM sector, Mr Burman said, “It’s not about shouting louder [about the benefits of TM], it’s about allowing the other side to be receptive – building effective products and proving their effectiveness in a globally understood language”.
Professor Georg Seifert, a Senior Lecturer in Paediatrics at Charité – Universitätsmedizin Berlin, Germany, built on this point by explaining that more research is urgently needed, particularly on TM’s cost-effectiveness and sustainability. He also noted that integration of TM and biomedicine requires trust between those working in both systems, which grows from transparency about the strengths and limitations of TM. Professor Seifert also remarked on cross-cultural collaboration: “I can envisage a global network of integrative clinical centres that aid a diverse care model using rigorous but flexible methods, tailored to cultural and therapeutic contexts”, he said.
Voices of youth
Tanushree Jain, Chair of Public Health at the International Pharmaceutical Students’ Federation and member of the WHO Youth Council, discussed the generational shift in young people’s attitudes towards wellness, which includes preventive practices that incorporate ethics and sustainability. She highlighted that young people want to see TM validated through science and integrated safely in modern care. “When traditional knowledge is adapted with rigour and relevance, it earns our trust”, she stated.
Digital tools like mobile health apps and fitness trackers are making traditional practices more accessible to youth and driving behaviour change. When these tools are engaging, educational, inclusive and sustainable, they empower young people to integrate personalized holistic care into their daily lives.
Bridging the gap between science and policy
Dr Soumya Swaminathan, former Chief Scientist at WHO and Chair of MS Swaminathan Research Foundation, stated, “No system of medicine has the answer to everything, and this is why we need to think about integrative medicine”. She stressed that there are currently different terms and diagnostic systems in use by traditional healers and allopathic doctors. She explained that to bridge the gap between science and policy, culturally significant practices need to be evaluated and integrated using robust, context-sensitive scientific methods, with a common language and vocabulary. Dr Swaminathan also highlighted the importance of harnessing the opportunities presented by modern tools, such as AI for diagnostics, through a multidisciplinary approach.
The future of TM
Dr Rajesh Kotecha asked each of the panellists one final question: “Looking ahead to the next five years, what is the one thing that is needed most for TM to advance the health and well-being of all?”
Drungtsho Dorji Gyeltshen said that establishing Bhutan as a centre of excellence, and focusing on sustainable and innovative practices will preserve and promote Sowa-Rigpa, ensuring it remains relevant, accessible and contributes to global health;
DrSaima Wazed emphasized bringing data and knowledge together from global TM practices in a standardized format, so they can be shared on a global platform;
Aditya Burman noted that it is important to ensure TM becomes part of the mainstream vocabulary, suggesting inclusion on medical TV shows and films, to show that TM is not a niche “out there” idea;
Professor Georg Seifert said that he sees big potential in preventive medicine and integrated health care models, but strong evidence and good business models are needed to show cost-effectiveness;
Tanushree Jain highlighted establishing evidence in scientific research and using that to build trust in TM;
Dr Soumya Swaminathan stressed that this is the time to come together to bring the disciplines together, to not fight over which one is better, but to develop the science and communicate it effectively to people, for the best person-centred care.
The session concluded with a question-and-answer session with the audience. One participant said that, as an editor at The Lancet medical journal, they noted a lack of submissions and publications on TM. They highlighted the need to bring TM to the global stage, through high-quality journal articles and clinical trials, for people to have trust. The panellists suggested some challenges, such as language or cultural understanding, as well as constructive feedback, such as the need for greater outreach or funding programmes. Dr Swaminathan added that there is also an evidence feedback loop – if the right research has not been published in the literature, then it is difficult to validate findings, as per publication policies, and suggested journals like The Lancet help create publishing opportunities for TM research.
Restoring balance
In his closing video address, Dr Tedros Adhanom Ghebreyesus, WHO Director-General, reminded the audience that TM is as old as humanity itself and that for hundreds of millions of people, TM is just medicine. Through GTMC, WHO is supporting research to harness the power of these ancient practices.
Moderator Rini Simon Khanna remarked that this is “not the conclusion of our conversation but the beginning of a shared journey”, which is as much about restoring balance within ourselves, our communities, the health system and our relationship with the natural world. That journey continues at the second WHO Global Traditional Medicine Summit in December. The summit video was unveiled, which sets out how the next Summit will help unlock the full potential of TM. The Summit offers not just a space for dialogue, but a call to action to explore how the nexus of TM and modern science can restore balance and well-being for people and our planet. Ms Khanna closed, “Restoring balance is not just a policy goal, it is a personal and planetary commitment.
Source: People’s Republic of China – State Council News
BEIJING, May 2 — Chinese President Xi Jinping has engaged in extensive diplomatic efforts both at home and abroad this spring, cementing a closer bond with neighboring countries, advocating unity and cooperation, and injecting certainty and stability into a turbulent world.
CLOSER BOND WITH NEIGHBORING COUNTRIES
In a world grappling with growing uncertainty and instability fueled by protectionism and unilateralism, China has reaffirmed the continuity and stability of its neighborhood diplomacy and its vision for lasting peace and shared development in Asia.
The first major international event that China hosted in 2025 is the 9th Asian Winter Games from Feb. 7 to 14 in the city of Harbin, capital of northeast China’s Heilongjiang Province. It brought together leaders from many of China’s neighboring countries, including Brunei, Kyrgyzstan, Pakistan, Thailand and the Republic of Korea.
At a banquet hosted by Xi and his wife, Peng Liyuan, ahead of the opening ceremony of the games, the Chinese leader called on Asia to uphold the common dream of peace and harmony, jointly respond to all sorts of security challenges, and contribute to building an equal and orderly multipolar world.
Xi’s Southeast Asia visit, his first overseas trip this year, highlighted China’s dedication to deepening traditional ties, expanding practical cooperation, and advancing its vision of building a community with a shared future with its neighbors.
From April 14 to 18, Xi paid state visits to Vietnam, Malaysia and Cambodia. China signed a record 108 cooperation documents with the three countries in total, which span a wide range of fields, from infrastructure to digital and green economy. A focal point of the tour was high-quality Belt and Road cooperation with the aim of enhancing regional connectivity and creating development opportunities.
The trip came after a central conference on work related to neighboring countries held in Beijing from April 8 to 9. At the conference, Xi called for building a community with a shared future with neighboring countries and striving to open new ground for the country’s neighborhood work.
The conference noted China’s relations with its neighboring countries are currently at their best in modern times, and are also entering a critical phase where regional dynamics and global transformations are deeply intertwined.
A flurry of diplomatic activities show how China, a major country, gets along with its neighbors, international observers said.
In his talks with Sri Lankan President Anura Kumara Dissanayake on Jan. 15, Xi said China will continue to support Sri Lanka in maintaining its national independence, sovereignty and territorial integrity.
Extending condolences to Myanmar leader over the massive earthquake in late March, Xi said China is ready to provide assistance, and support efforts to overcome the disaster and rebuild homes at an early date.
INJECTING CERTAINTY INTO WORLD
Amid the international trade chaos caused by the so-called “reciprocal tariffs” of the United States, China has taken swift and firm countermeasures not only to safeguard its own legitimate rights and interests, but also to protect the common interests of the international community and defend international fairness and justice.
On April 11, Xi had a three-hour-long meeting with Spanish Prime Minister Pedro Sanchez, who made his third trip to China in three years. Xi called on China and the EU to fulfill their international responsibilities, work together to safeguard economic globalization and the international trade environment, and jointly reject unilateral and bullying actions.
Noting that China is an important partner of the EU, Sanchez said Spain always supports the stable development of EU-China relations. Facing the complex and challenging international situation, Spain and the EU are willing to strengthen communication and coordination with China to maintain the international trade order, he said.
Malaysia is ASEAN chair and the Country Coordinator for ASEAN-China Dialogue Relations for 2025. On April 16, during a meeting with the visiting Chinese president, Malaysian Prime Minister Anwar Ibrahim said facing the rise of unilateralism, Malaysia is willing to strengthen cooperation with China to jointly address risks and challenges, noting that ASEAN will not endorse any unilaterally imposed tariffs, and will promote collective advancement through cooperation to maintain economic growth.
On April 24, Xi held talks with Kenyan President William Ruto in Beijing, saying the fundamental purpose of China-Africa cooperation for win-win results and common development will not change, which is a welcome policy statement from a major country in a world full of uncertainty.
Trade wars undermine the existing international rules and order, and Kenya appreciates China’s role as a stabilizer in the current volatile situation, Ruto said.
After the talks, the two heads of state witnessed the signing of 20 cooperation documents in areas such as the Belt and Road Initiative, new and high technology, people-to-people and cultural exchanges, economy and trade, and media.
As certainty and stability increasingly become scarce globally, not only political leaders but also business community turn to China for certainty and stability.
On March 28, Xi met with more than 40 global chairmen and chief executive officers of foreign businesses as well as representatives of business councils, including leaders from FedEx Corporation, Mercedes-Benz Group AG, Sanofi SA, HSBC Holdings Plc, Hitachi Ltd., SK Hynix Inc and Saudi Aramco.
A key message Xi sent is that China has been and will remain an ideal, secure, and promising destination for foreign investors, and that investing in China is investing in the future. He pointed out that China offers a vast stage for business development, vast market prospects, stable policy outlook, and a secure environment, making it a favored choice for foreign investment and business operations.
Having the world’s second-largest consumer market and largest middle-income group, China offers great potential for investment and consumption. China is now a major trading partner with more than 150 countries and regions. China continues to build up industrial strength and foster institutional opening-up, drawing influential foreign investors such as tech giants and automakers into the world’s second-largest economy.
Aramco is currently investing in projects in China that have a collective and total value of over 240 billion yuan, covering petrochemical projects and equity acquisition deals. Amin H. Nasser, president and CEO of the company, said: “China is becoming an oasis of certainty in an increasingly unpredictable global environment.”
CALLING FOR SOLIDARITY
This year marks the 80th anniversary of the victory of the World Anti-Fascist War and the founding of the United Nations. In response to the provocative actions of certain nations inciting great power strategic competition, China emphasizes the roles of major countries, the Global South and the UN in global peace and development.
Xi talked with Russian President Vladimir Putin via video meeting on Jan. 21 and held a phone conversation with him on Feb. 24, conducting in-depth strategic communication on major international and regional issues and steering China-Russia relations at a critical moment.
Despite changes in the international situation, China-Russia relations will proceed with ease, which will help each other’s development and revitalization, and inject stability and positive energy into international relations, Xi said.
To develop relations with China is a strategic choice made by Russia with a long-term perspective, rather than an expedient measure, Putin told Xi, adding that the strategy is not subject to any temporary trend or external interference.
In his phone conversation with European Council President Antonio Costa on Jan. 14, Xi said there exists no clash of fundamental interests or geopolitical conflicts between China and the EU, making them partners that can contribute to each other’s success.
Both the EU and China respect the principles of the UN Charter, uphold multilateralism, safeguard free trade, and oppose bloc confrontation, and they should cooperate rather than compete, Costa said, adding that in this era full of challenges, the world needs closer EU-China cooperation to tackle global challenges such as climate change, and to contribute to world peace, stability and development.
Global South is also a priority in Xi’s diplomatic agenda.
On April 29, Xi visited the New Development Bank in Shanghai and met with Dilma Rousseff, president of the institution, calling the bank “a pioneering initiative for the unity and self-improvement of the Global South” and noting that the Global South countries have risen collectively into an important force in maintaining world peace, promoting common development and improving global governance.
His other interactions on the Global South include sending congratulations respectively to the 38th African Union Summit and the 9th summit of the Community of Latin American and Caribbean States (CELAC), having in-depth exchanges on regional cooperation with leader of Malaysia, and hosting leaders of Grenada, Sri Lanka, Bangladesh, Azerbaijan and Kenya.
As the rotating chair of the Shanghai Cooperation Organization (SCO), China will host an SCO summit this autumn in the northern city of Tianjin. China will also host the fourth ministerial meeting of the China-CELAC Forum in Beijing.
Xi delivered a speech via video link at the Leaders Meeting on Climate and the Just Transition on April 23. Calling for adherence to multilateralism, Xi said that all countries should firmly safeguard the UN-centered international system and the international order underpinned by international law, and firmly safeguard international fairness and justice.
“However the world may change, China will not slow down its climate actions, will not reduce its support for international cooperation, and will not cease its efforts to build a community with a shared future for mankind,” Xi said.
“In these trying times, the world yearns for steadiness, reliability and purpose. We see this in China’s conduct,” said Malaysian Prime Minister Anwar Ibrahim. “Amid this turbulence, China has been a rational, strong and reliable partner. Malaysia values this consistency,” he said.
There were a variety of inspiring messages at UConn’s recent entrepreneurial workshop, but the recurring theme was about failure as a foundation for achieving success – every speaker spoke about the importance of failing and persevering, learning from mistakes, self-belief, collaboration, and constantly pushing forward.
Called Entrepreneurship as a Career Path Workshop, the event, hosted by the UConn College of Engineering (CoE), was open to undergraduate and graduate students and researchers from engineering and relevant disciplines. Held at the Innovation Partnership Building at UConn Tech Park, it featured panel discussions on climate and energy, and on manufacturing and AI. The keynote guest was Al Subbloie, founder and CEO of Budderfly, a leader in the clean-tech sector, and promoter of energy-efficiency-as-a-service startups.
In addition to the panel discussions and keynote, presentations included curricular practical training for international students, an overview of CoE programs and activities, and sessions on opportunities at a variety of technology incubation ventures and related resources. The event was also cohosted by the Connecticut Center for Entrepreneurship and Innovation (CCEI) and ClimateHaven.
George Bollas, associate dean of Research for CoE and director of the Pratt & Whitney Institute for Advanced Systems Engineering, says the workshop provided a valuable opportunity to gain insights, network with fellow innovators, and connect with the entrepreneurial ecosystem in Connecticut.
George Bollas, associate dean of research for CoE, hosted the Entrepreneurship Workshop (Christopher LaRosa/UConn Photo)
“This workshop offered graduate students a unique opportunity to explore entrepreneurship as a viable career path, gaining direct insights from founders who have successfully launched startups in climate, energy, manufacturing, and AI,” Bollas explains. “The workshop offered valuable networking opportunities, connecting attendees with like-minded peers, mentors, and key players, and provided useful introductions to critical resources such as funding opportunities, incubators, and mentorship programs that can support aspiring entrepreneurs in transforming ideas into successful ventures.”
Entrepreneurship, Bollas adds, is an important vehicle for technology development, transfer and deployment. The workshop, he says, offers a new paradigm of career paths and jobs critical for industrial sustainability and competitive advantage, and will be offered again next year.
“In the currently challenged funding landscape,” Bollas says, “these efforts also enable faculty researchers and students increased access to capital and industry partnerships to engage with the growing Connecticut entrepreneurship ecosystem, bringing additional economic growth and job creation to our state.”
The panelists shared insights and tough lessons. “Prepare like you know nothing, but deliver like you know everything,” said John Toribio at the event, who is developing a smart-clothing platform for health monitoring and other applications. “Take advantage of the expertise around you at UConn – you don’t have to know how to do everything yourself,” said Laron Burrows, founder and CEO of Andros, a company focused on chemical engineering and sustainability.
Casey Pickett, managing director of Incubation at ClimateHaven, moderated an energy and climate panel discussion that included, from left, Pickett, Laron Burrows, Alaa Selim, and Yidan Zhang. (Christopher LaRosa/UConn Photo)
Yiden Zhang, co-founder of SeaSol, a company developing advanced materials from seaweed, echoed Burrows’s comments, addressing the benefits of learning from the many experts available at CoE and UConn, but also cautioning that entrepreneurship isn’t right for everyone. “But one of the beauties of being in this rich academic research environment,” said Zhang, “is that you can discuss and try out your ideas in a creative, safe, supportive arena and see what works best for you.”
Subbloie’s presentation, billed as a “fireside chat,” was an interview conducted by Michelle Cote, lead instructor and director of Launc[H] at CCEI. Subbloie was ranked in the 2021 Worthy 100 by Worth Magazine for his entrepreneurship around environmental benefits. Prior to starting Budderfly, he founded and served as CEO of Tangoe, an industry-leading telecommunications expense-management solutions company.
During the interview, Subbloie shared his perspective on business challenges, leadership, management approaches and taking companies public.
“It’s a jungle out there,” Subbloie reflected, “and my first important lesson was that it helps to work for someone else and gain operational knowledge, experience and financial acumen before going out on your own. That said,” he added, “like many of you in this room, I always knew I wanted to start up my own company and be a CEO, so that remained my goal and I pursued it vigorously.”
Michelle Cote interviews keynote presenter Al Subbloie. (Christopher LaRosa/UConn Photo)
Subbloie talked about his early days, and the need to focus on competencies beyond technical expertise required to successfully raise capital and get others to buy in to your vision. As an example, he cited the importance of developing strong presentation skills and shared how he’d made thousands of presentations during his career. And like the other speakers, he talked about failure as motivation, however frustrating.
“Failing and losing is winning, ultimately,” Subbloie said. “When you’re young and ambitious you think you know it all, but that’s very naïve… though the poorer you are when you start out means you have little to lose – your dedication and investment in time makes up for early weaknesses or doubts. However, you must be able to separate fear from recklessness, chase those things relevant to the longer gain, make mistakes, and learn from each step in your journey.”
Entrepreneurship options are offered through the UConn College of Engineering and led by the Entrepreneurship Hub. The eHub was developed to actively promote the exchange of ideas, and to provide a space for collaborations and partnerships among UConn’s Tech community.
More photos from the event are available on Flickr.
SAN SALVADOR, El Salvador, May 02, 2025 (GLOBE NEWSWIRE) — Bitget Wallet, a leading Web3 non-custodial wallet, has announced its integration with Paydify, a universal crypto payment gateway, becoming Paydify’s first wallet integration partner. The integration enables merchants to accept stablecoin payments from Bitget Wallet users, streamlining crypto payment infrastructure and expanding the practical use of digital assets in everyday settings.
Through the integration, Bitget Wallet users can pay with USDT and USDC at select physical and online merchants via Paydify’s infrastructure. Merchants receive instant settlement in stablecoins without needing to manage blockchain-specific setups. Thousands of transactions have been completed in the pilot phase. The service is set to expand globally across industries such as retail, travel, hospitality, gaming, and e-commerce. Broader token support and compatibility with additional wallets are also on the roadmap, with the goal of enabling payments in any token on any chain.
This partnership forms part of Bitget Wallet’s broader PayFi strategy, which focuses on expanding crypto from holding and trading to active usage in real-world scenarios. “Our goal is to make crypto more usable for everyday needs, and Paydify helps reduce the complexity merchants face. By integrating an open payment layer, we’re moving closer to this goal.” said Alvin Kan, COO of Bitget Wallet. “Bitget Wallet isamong the first major wallets to implement a stablecoin payment use case at the point of sale. We aim to support over 10,000 merchants globally in the next few years.”
Paydify was developed to address long-standing fragmentation in crypto payments, where chain and wallet compatibility often hinder merchant adoption. It allows businesses to accept crypto from any wallet without the need for custom integration. According to the latest Onchain Report, 31% of global users cite limited merchant acceptance as a key barrier to using crypto for payments. Paydify aims to bridge this gap by offering instant settlement and minimizing onboarding complexity.
“Our integration with Bitget Wallet provides the opportunity to test and refine a merchant-focused payment experience in real conditions,” said Pakning Luk, Director of Strategy at Paydify. “We believe crypto should work as easily as any mainstream payment method. Our aim is to offer a seamless and reliable framework for digital asset payments that meets the needs of both users and businesses.“
To support merchant onboarding, businesses that sign up through Bitget Wallet will receive waived settlement fees and early access to upcoming features during the pilot period. Interested merchants can learn more or apply to join at: https://www.paydify.com/en/sign_up
About Bitget Wallet Bitget Wallet is a non-custodial crypto wallet designed to make crypto simple, secure, and accessible for everyone. With over 60 million users, it brings together a full suite of crypto services, including swaps, market insights, staking, rewards, a DApp browser, and crypto payment solutions. Supporting 130+ blockchains, 20,000+ DApps, and a million tokens, Bitget Wallet enables seamless multi-chain trading across hundreds of DEXs and cross-chain bridges. Backed by a $300+ million user protection fund, it ensures the highest level of security for users’ assets.
For media inquiries, please contact media.web3@bitget.com
About Paydify Paydify is a universal gateway enabling crypto payments across all wallets and blockchain networks. Built for both online and offline merchants, Paydify provides instant settlement and universal connectivity — making crypto payments practical for global commerce. Paydify operates with a mission to unify the fragmented blockchain ecosystem and make digital payments accessible to businesses everywhere.
NEW YORK, May 02, 2025 (GLOBE NEWSWIRE) — OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced Steel Partners Holdings L.P. (OTCQX: SPLP, SPLPP), a diversified global holding company, has qualified to trade on the OTCQX® Best Market. Steel Partners Holdings LP previously traded on the New York Stock Exchange.
Steel Partners Holdings L.P.’s common and series A preferred units begin trading today on OTCQX under the symbols “SPLP” and “SPLPP”, respectively. U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.
Trading on the OTCQX Market offers companies efficient, cost-effective access to the U.S. capital markets. Streamlined market requirements for OTCQX are designed to help companies lower the cost and complexity of being publicly traded, while providing transparent trading for their investors. To qualify for OTCQX, companies must meet high financial standards, follow best practice corporate governance, and demonstrate compliance with applicable securities laws.
About Steel Partners Holdings LP Steel Partners Holdings L.P. (www.steelpartners.com) is a diversified global holding company that owns and operates businesses and has significant interests in various companies, including diversified industrial products, energy, defense, supply chain management and logistics, banking and youth sports.
About OTC Markets Group Inc.
OTC Markets Group Inc. (OTCQX: OTCM) operates regulated markets for trading 12,000 U.S. and international securities. Our data-driven disclosure standards form the foundation of our three public markets: OTCQX® Best Market, OTCQB® Venture Market, and Pink® Open Market.
Our OTC Link® Alternative Trading Systems (ATSs) provide critical market infrastructure that broker-dealers rely on to facilitate trading. Our innovative model offers companies more efficient access to the U.S. financial markets.
OTC Link ATS, OTC Link ECN, OTC Link NQB, and MOON ATSTM are each an SEC regulated ATS, operated by OTC Link LLC, a FINRA and SEC registered broker-dealer, member SIPC.
To learn more about how we create better informed and more efficient markets, visit www.otcmarkets.com.
2025-59 HAWAIʻI CONDEMNS ADMINISTRATION’S ILLEGAL ATTEMPT TO INTERFERE WITH STATE LAWSUIT AGAINST BIG OIL, SUES FOSSIL FUEL INTERESTS FOR CLIMATE DECEPTION
Posted on May 1, 2025 in Latest Department News, Newsroom, Office of the Governor Press Releases
STATE OF HAWAIʻI
KA MOKU ʻĀINA O HAWAIʻI
DEPARTMENT OF THE ATTORNEY GENERAL
KA ʻOIHANA O KA LOIO KUHINA
JOSH GREEN, M.D. GOVERNOR
KE KIAʻĀINA
ANNE LOPEZ
ATTORNEY GENERAL
LOIO KUHINA
HAWAIʻI CONDEMNS ADMINISTRATION’S ILLEGAL ATTEMPT TO INTERFERE WITH STATE LAWSUIT AGAINST BIG OIL
Hawaiʻi Sues Fossil Fuel Interests for Climate Deception
News Release 2025-59
FOR IMMEDIATE RELEASE
May 1, 2025
HONOLULU – Attorney General Anne Lopez condemns the U.S. Department of Justice lawsuit, filed in the U.S. District Court for the District of Hawaiʻi on April 30, 2025, seeking to preemptively halt a separate lawsuit against Big Oil companies for their deceptive conduct leading to the current climate crisis:
Attorney General Lopez said: “We have an obligation to the people of Hawaiʻi, to do everything in our power to fight deceptive practices from these fossil fuel companies that erode Hawaiʻi’s public health, natural resources and economy. The federal lawsuit filed by the Justice Department attempts to block Hawaiʻi from holding the fossil fuel industry responsible for deceptive conduct that caused climate change damage to Hawaiʻi.”
Governor Josh Green, M.D. states: “Hawaiʻi suffered a devastating climate-driven, wildfire-initiated disaster on Maui that resulted in the tragic loss of 102 lives and billions of dollars in damage. This climate-related wildfire was the deadliest in United States history in more than a century.”
“The use of the United States Department of Justice to fight on behalf of the fossil fuel industry is deeply disturbing and is a direct attack on Hawaiʻi’s rights as a sovereign state,” added Attorney General Lopez. “The state of Hawaiʻi will not be deterred from moving forward with our climate deception lawsuit. My department will vigorously oppose this gross federal overreach.”
Notwithstanding the federal lawsuit, Governor Josh Green M.D., and Attorney General Lopez today announced a lawsuit against fossil fuel companies for their deceptive conduct and failure to warn about their products’ climate change danger, now harming Hawaiʻi’s public health, infrastructure, natural resources and economy. The lawsuit was filed in the Circuit Court of the First Circuit.
“The climate crisis is here, and the costs of surviving it are rising every day,” said Governor Green. “Hawaiʻi taxpayers should not have to foot that bill. The burden should fall on those who deceived and failed to warn consumers about the climate dangers lurking in their products. This lawsuit is about holding those parties accountable, shifting the costs of surviving the climate crisis back where they belong, and protecting Hawaiʻi citizens into the future.”
The state’s lawsuit names seven groups of affiliated fossil fuel companies and the American Petroleum Institute, the largest oil and gas trade association in the United States. It alleges seven causes of action against all defendants, including violations of Hawaiʻi’s Unfair or Deceptive Acts or Practices Statute, failure to warn, harm to public trust resources, public and private nuisance, trespass, and negligence. The lawsuit also alleges civil aiding and abetting against the American Petroleum institute.
“These defendants had a duty to warn people about the climate dangers associated with their products, or to mitigate those dangers. But they did neither of those things,” said Attorney General Lopez. “Instead, they put profits ahead of people and facilitated the increased use of their dangerous products through decades of deceptive conduct. They violated Hawaiʻi law, harmed all Hawaiʻi residents, and will now be held accountable in a Hawaiʻi court.”
The lawsuit filed today details the history of defendants’ deceptive conduct, and many of the resulting harms inflicted on the state of Hawaiʻi as a result of that conduct. Some key excerpts from the complaint filed today:
“Climate change has already impacted and will continue to harm Native Hawaiian traditional and customary practices including upland forest practices, traditional agriculture, and coastal and nearshore marine practices.” (para 274)
“As of 2021, 66 state-owned facilities have reported flooding from sea level rise and precipitation. These facilities include public housing complexes in Kāneʻohe, the Hulihe‘e Palace historic site, and the Kauaʻi and Oʻahu Community Correctional Centers.” (para 280)
“Moreover, 70 percent of the state’s beaches have already experienced erosion, and 13 miles of beach have been lost across the islands. These impacts will continue to worsen as the sea level rises further. By 2050, NOAA predicts that more than 90 percent of the state’s beaches will be receding.” (para 280)
“Climate impacts threaten Hawaiʻi water resources. As rainfall levels decline, Hawaiʻi will have decreasing access to freshwater…By 2030, the state may suffer from a freshwater shortfall of 100 million gallons per day.” (para 292)
“Climate change increases the threat of wildfires for Hawaiʻi. The 2023 Maui wildfires were the deadliest in modern U.S. history and the worst natural disaster in the history of the state. More than 100 lives were lost, and more than 2,200 structures were destroyed, causing $5.5 billion of damage.” (para 294)
“Climate change has, and will continue to have, constant, widespread, and severe impacts to the physical health of Hawaiʻi residents. Rising temperatures and intense heat waves, extreme weather events, related disruptions to health and emergency services, and increased proliferation of vector-borne disease and pathogens will and has already taken its toll.” (para 311)
The lawsuit requests a jury trial and seeks relief in the form of compensatory, punitive, and natural resource damages; civil penalties; disgorgement of profits; and an order enjoining Defendants from engaging in the unfair or deceptive acts or practices described in the lawsuit, among others.
A copy of the complaint as filed can be foundhere.
* * *
Media Contacts:
Dave Day
Special Assistant to the Attorney General
Office: 808-586-1284
Email:[email protected]
Web:http://ag.hawaii.gov
Toni Schwartz Public Information Officer Hawai‘i Department of the Attorney General Office: 808-586-1252 Cell: 808-379-9249 Email:[email protected]
2025-58 HAWAIʻI LEADS MULTISTATE LETTER URGING TRUMP ADMINISTRATION TO RESTORE TITLE X FUNDING
Posted on May 1, 2025 in Latest Department News, Newsroom
STATE OF HAWAIʻI
KA MOKU ʻĀINA O HAWAIʻI
DEPARTMENT OF THE ATTORNEY GENERAL
KA ʻOIHANA O KA LOIO KUHINA
JOSH GREEN, M.D. GOVERNOR
KE KIAʻĀINA
ANNE LOPEZ
ATTORNEY GENERAL
LOIO KUHINA
HAWAIʻILEADS MULTISTATE LETTER URGING TRUMP ADMINISTRATION TO RESTORE TITLE X FUNDING
News Release 2025-58
FOR IMMEDIATE RELEASE
May 1, 2025
HONOLULU – Attorney General Anne Lopez today led a coalition of20 attorneys general in sending a letter to the Trump Administration to express serious concern with the U.S. Department of Health and Human Services’ (HHS) decision to withhold tens of millions of dollars in Title X funding.
Signed into law by President Richard Nixon, Title X is the nation’s only federal program dedicated to family planning for low-income and uninsured individuals. On March 31, HHS issued letters to a wide range of grant recipients that fund nearly 25% of all Title X clinics, indicating that these grantees’ Title X grants were being withheld.
In today’s letter, the attorneys general write that the withholding of funds will lead to more unintended pregnancies, more sexually transmitted infections (STIs), increased rates of undiagnosed HIV, increased rates of cervical cancer and a higher burden on over-stretched state budgets.
“Hawai‘i has been deprived of all Title X funding, jeopardizing our residents’ access to vital healthcare,” said Deputy Solicitor General Caitlyn Carpenter. “We know from prior experience what happens when the federal government interferes with Title X. People experience an increase in serious health harms and states bear higher burdens. We urge Secretary Kennedy to reverse course and fully fund these critical programs.”
According to the letter, if state and local governments are not able to make up for the federal shortfall, patients will see a reduction in services as clinics close and providers are terminated. The letter goes on to explain that this will fall particularly hard on poor and rural communities that are the primary beneficiaries of the Title X programs. In many areas, a Title X clinic is the only source of prenatal services and screening for STIs.
In the letter, the attorneys general write that:
Recent history demonstrates that cutting Title X grantees will worsen care. In 2019, the Trump Administration changed the rules governing Title X, leading to a mass loss of healthcare providers. Nationwide, the number of Title X patients fell more than 60%, from 3.9 million to 1.5 million. This recent history demonstrates what happens — and how quickly — when the federal government slashes access to Title X. In total, theGuttmacher Instituteestimates that as a direct result of HHS’s action in withholding funds, at least 834,000 patients, representing 30% of the total population served, will lose care in the first year alone.
The states will be harmed by HHS’s decision. While the 2019 rule was in effect, many states were forced to make emergency appropriations to cover for the loss of providers. Title X programs are a critical component of vital public health infrastructure. An important example is the role of Title X programs in detecting and preventing STIs. Between 2006 and 2010, 18% of all women who were tested, treated, or received counseling for an STI did so at a Title X clinic, as did 14% of women tested for HIV. States are once again faced with a choice: dip once again into general funds to make up the difference, or deal with a surge in new STIs and unintended pregnancies.
There is no justification for the terminations. Although HHS suggested Title X grantees violated federal civil rights laws, HHS has provided absolutely no evidence supporting this suggestion.
This letter is led by Attorney General Lopez and Attorney General Rob Bonta of California. Joining the letter are the attorneys general of Arizona, Colorado, Connecticut, Delaware, Illinois, Maine, Maryland, Massachusetts, Michigan, Minnesota, Nevada, New Mexico, New York, North Carolina, Oregon, Rhode Island, Vermont and Washington.
A copy of the letter can be found here.
* * *
Media Contacts:
Dave Day
Special Assistant to the Attorney General
Office: 808-586-1284
Email:[email protected]
Web:http://ag.hawaii.gov
Toni Schwartz Public Information Officer Hawai‘i Department of the Attorney General Office: 808-586-1252 Cell: 808-379-9249 Email:[email protected]
MAHWAH, N.J., May 02, 2025 (GLOBE NEWSWIRE) — Radware® (NASDAQ: RDWR), a global leader in application security and delivery solutions for multi-cloud environments, announced the launch of new cloud security service centers in Chennai and Mumbai, India, and Nairobi, Kenya. Today, Radware supports a network of more than 50 cloud security service centers worldwide with a mitigation capacity up to 15Tbps.
Radware’s global network of data centers mitigates attacks closest to their point of origin. This helps organizations improve application response times for in-region traffic and reduce mitigation response times against a variety of attacks, including denial-of-service attacks, web application attacks, malicious bot traffic, and attacks on APIs. It also helps them keep data within their borders to meet strict data privacy regulations.
According to Radware’s 2025 Global Threat Analysis Report, Web DDoS attacks, which appear as high intensity, Layer 7 application attacks, surged globally 550%, while web application and API attacks rose 41% between 2023 and 2024.
“Our ongoing investments in our security network continue to play an important role in our cloud security growth strategy,” said Haim Zelikovsky, vice president of cloud security services for Radware. “Cloud innovation is central to our mission in providing customers industry-leading cyber protection, reliability, and availability at a time when cyber threats are not only increasing in frequency and magnitude but also sophistication.”
Radware has received numerous awards for its DDoS mitigation, application and API protection, web application firewall, and bot detection and management solutions. Industry analysts such as Aite-Novarica Group, Forrester, Gartner, GigaOm, IDC, KuppingerCole and QKS Group continue to recognize Radware as a market leader in cyber security.
About Radware Radware® (NASDAQ: RDWR) is a global leader in application security and delivery solutions for multi-cloud environments. The company’s cloud application, infrastructure, and API security solutions use AI-driven algorithms for precise, hands-free, real-time protection from the most sophisticated web, application, and DDoS attacks, API abuse, and bad bots. Enterprises and carriers worldwide rely on Radware’s solutions to address evolving cybersecurity challenges and protect their brands and business operations while reducing costs. For more information, please visit the Radware website.
Radware believes the information in this document is accurate in all material respects as of its publication date. However, the information is provided without any express, statutory, or implied warranties and is subject to change without notice.
The contents of any website or hyperlinks mentioned in this press release are for informational purposes and the contents thereof are not part of this press release.
Safe Harbor Statement This press release includes “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Any statements made herein that are not statements of historical fact, including statements about Radware’s plans, outlook, beliefs, or opinions, are forward-looking statements. Generally, forward-looking statements may be identified by words such as “believes,” “expects,” “anticipates,” “intends,” “estimates,” “plans,” and similar expressions or future or conditional verbs such as “will,” “should,” “would,” “may,” and “could.” For example, when we say in this press release that cyber threats are not only increasing in frequency and magnitude but also sophistication, we are using forward-looking statements. Because such statements deal with future events, they are subject to various risks and uncertainties, and actual results, expressed or implied by such forward-looking statements, could differ materially from Radware’s current forecasts and estimates. Factors that could cause or contribute to such differences include, but are not limited to: the impact of global economic conditions, including as a result of the state of war declared in Israel in October 2023 and instability in the Middle East, the war in Ukraine, tensions between China and Taiwan, financial and credit market fluctuations (including elevated interest rates), impacts from tariffs or other trade restrictions, inflation, and the potential for regional or global recessions; our dependence on independent distributors to sell our products; our ability to manage our anticipated growth effectively; our business may be affected by sanctions, export controls, and similar measures, targeting Russia and other countries and territories, as well as other responses to Russia’s military conflict in Ukraine, including indefinite suspension of operations in Russia and dealings with Russian entities by many multi-national businesses across a variety of industries; the ability of vendors to provide our hardware platforms and components for the manufacture of our products; our ability to attract, train, and retain highly qualified personnel; intense competition in the market for cybersecurity and application delivery solutions and in our industry in general, and changes in the competitive landscape; our ability to develop new solutions and enhance existing solutions; the impact to our reputation and business in the event of real or perceived shortcomings, defects, or vulnerabilities in our solutions, if our end-users experience security breaches, or if our information technology systems and data, or those of our service providers and other contractors, are compromised by cyber-attackers or other malicious actors or by a critical system failure; our use of AI technologies that present regulatory, litigation, and reputational risks; risks related to the fact that our products must interoperate with operating systems, software applications and hardware that are developed by others; outages, interruptions, or delays in hosting services; the risks associated with our global operations, such as difficulties and costs of staffing and managing foreign operations, compliance costs arising from host country laws or regulations, partial or total expropriation, export duties and quotas, local tax exposure, economic or political instability, including as a result of insurrection, war, natural disasters, and major environmental, climate, or public health concerns; our net losses in the past and the possibility that we may incur losses in the future; a slowdown in the growth of the cybersecurity and application delivery solutions market or in the development of the market for our cloud-based solutions; long sales cycles for our solutions; risks and uncertainties relating to acquisitions or other investments; risks associated with doing business in countries with a history of corruption or with foreign governments; changes in foreign currency exchange rates; risks associated with undetected defects or errors in our products; our ability to protect our proprietary technology; intellectual property infringement claims made by third parties; laws, regulations, and industry standards affecting our business; compliance with open source and third-party licenses; complications with the design or implementation of our new enterprise resource planning (“ERP”) system; our reliance on information technology systems; our ESG disclosures and initiatives; and other factors and risks over which we may have little or no control. This list is intended to identify only certain of the principal factors that could cause actual results to differ. For a more detailed description of the risks and uncertainties affecting Radware, refer to Radware’s Annual Report on Form 20-F, filed with the Securities and Exchange Commission (SEC), and the other risk factors discussed from time to time by Radware in reports filed with, or furnished to, the SEC. Forward-looking statements speak only as of the date on which they are made and, except as required by applicable law, Radware undertakes no commitment to revise or update any forward-looking statement in order to reflect events or circumstances after the date any such statement is made. Radware’s public filings are available from the SEC’s website atwww.sec.govor may be obtained on Radware’s website atwww.radware.com.
VICTORIA, Seychelles, May 02, 2025 (GLOBE NEWSWIRE) — MEXC, a leading global cryptocurrency exchange serving over 36 million users, concluded its successful participation as an exclusive Title Sponsor at Token2049 Dubai, where the company celebrated its milestone 7th anniversary and announced a groundbreaking $300 million ecosystem development fund.
7 Years of Excellence: A Foundation for Ecosystem Expansion
The premier crypto event, which took place from April 30 to May 1, 2025 in Dubai, provided MEXC with the perfect platform to commemorate seven years of growth and innovation in the cryptocurrency space. During the celebratory “Celebra7e MEXC Cocktail Party”, Tracy Jin, COO of MEXC, delivered an inspiring opening speech highlighting the exchange’s remarkable journey.
“Seven years may sound short, but in the fast-moving world of crypto, it’s a lifetime,” Jin told attendees. “To thrive in this ever-evolving space takes resilience, vision, and trust—and we’ve only made it this far because of you.”
Jin revealed impressive growth metrics: the MEXC team has nearly doubled to 2,000 employees across Growth, R&D, and Business Support divisions. The platform now offers more than 3,000 crypto assets and has built a community of over 2.25 million Twitter followers and approximately 193,000 Telegram members.
“We’ve also hosted over 2,293 airdrop events, distributing over $136 million in rewards,” Jin added. “This is our way of thanking you for your ongoing trust and loyalty.”
$300 Million MEXC Ecosystem Development Fund Unveiled
The highlight of MEXC’s Token2049 Dubai participation was the official announcement of its $300 million Ecosystem Development Fund, signaling the company’s strategic evolution from an exchange service to a comprehensive ecosystem builder. The five-year fund represents MEXC’s commitment to fostering blockchain innovation across multiple sectors.
The fund will focus on strategic investments in public chains, stablecoins, wallets, and media platforms, providing not only financial backing but also leveraging MEXC’s exchange business cooperation to deliver enhanced value to portfolio projects. This dual approach positions fund recipients to benefit from both capital investment and operational synergies within the MEXC ecosystem.
“After seven years of market resilience, MEXC is uniquely positioned as a trusted ecosystem partner,” said Tracy Jin. “This fund represents our vision for the future of decentralized finance and our commitment to supporting the next generation of blockchain innovations.”
IgniteX: $30 Million CSR Initiative for Web3 Talent Development
Alongside the ecosystem fund, MEXC Ventures launched “IgniteX” – a $30 million, five-year CSR initiative to foster Web3 talent and innovation. The program will support early-stage startups, research, developer communities, and academic institutions, with focus on decentralized infrastructure, AI-blockchain integration, stablecoins, and fintech. IgniteX combines mentorship, education, and funding to build a future-ready ecosystem and prepare the next generation of Web3 users and leaders.
Industry Insights Shared at Panel Discussion
MEXC’s presence at Token2049 Dubai extended beyond celebrations and announcements to include thought leadership. Tracy Jin participated in a panel discussion titled “What’s Next for Crypto Markets: The Exchange Perspective” on the OKX main stage on 1 May. The discussion explored upcoming trends, challenges, and opportunities in the cryptocurrency exchange sector, with Jin offering insights drawn from MEXC’s seven years of operational experience.
During the panel, Jin emphasized MEXC’s continued focus on product innovation and market expansion while maintaining its core commitment to being “Your Easiest Way to Crypto” for users worldwide.
Successful Side Events Strengthen Community Connections
MEXC hosted multiple successful side events throughout TOKEN2049 Dubai, including the “Celebra7e MEXC Cocktail Party,” “Dao People x MEXC: VIP Party” at BIRDS, a “TR KOL Exclusive Yacht Party” aboard Xclusive Yachts, and participation in the “AFTER2049” event at Be Beach. These gatherings provided valuable networking opportunities for industry professionals, partners, and MEXC community members.
At the company’s exhibition booth, MEXC showcased its revolutionary DEX+ platform and displayed a collection of seven limited-edition anniversary merchandise items that proved popular with attendees. Throughout the conference, MEXC representatives conducted product demonstrations, engaged with visitors, and discussed potential partnerships.
Behind the scenes, Jin noted that MEXC’s service team has resolved more than 1 million user requests and recovered over $1.8 million in user assets—underscoring the company’s commitment to security and user experience.
Looking Ahead
As Token2049 Dubai concluded, MEXC’s successful participation not only celebrated its past achievements but also laid the groundwork for its future vision. The announcement of the $300 million Ecosystem Development Fund, combined with ongoing product innovations and market expansion efforts, positions MEXC for continued growth in its eighth year and beyond.
About MEXC Founded in 2018, MEXC is committed to being “Your Easiest Way to Crypto.” Serving over 36 million users across 170+ countries, MEXC is known for its broad selection of trending tokens, everyday airdrop opportunities, and low trading fees. Our user-friendly platform is designed to support both new traders and experienced investors, offering secure and efficient access to digital assets. MEXC prioritizes simplicity and innovation, making crypto trading more accessible and rewarding. MEXC Official Website | X | Telegram | How to Sign Up on MEXC
Risk Disclaimer: The information provided in this article regarding cryptocurrencies does not constitute investment advice. Given the highly volatile nature of the cryptocurrency market, investors are encouraged to carefully assess market fluctuations, the fundamentals of projects, and potential financial risks before making any trading decisions.
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WAVES 2025 is a watershed moment in the Media and Entertainment landscape of India and the event will witness the release of a key Report titled “Legal Currents: A Regulatory Handbook on India’s Media & Entertainment Sector 2025.” Prepared by Khaitan & Co., one of the knowledge partners of WAVES 2025, the Report outlines the regulatory frameworks that continue to shape and unleash the growing potential of India’s vibrant Media & Entertainment ecosystem.
The legal guide comes at a crucial moment as India’s M&E industry undergoes unprecedented transformation, driven by regulatory frameworks that have enabled industry participants to leverage their skills and technological innovation across broadcasting and infotainment, gaming, AI, digital media and films. Along with a rapid increase in internet accessibility and shifts in Indian content consumption, India is undergoing a digital transformation facilitated by proactive and receptive governance. The Government has optimised and eased regulatory processes for sectors such as print and linear broadcasting on television and radio, which still command a significant audience within India.
The handbook covers key Government initiatives and legal interventions that have incentivised and streamlined the legal roadmap for market entry, collaboration and operations by foreign players. The Central and state Governments have also introduced production and co-production incentive schemes, positioning India as a premier destination for content creation.
In key sectors such as advertising, online gaming, and digital media, a collaborative partnership has evolved between industry bodies and the Government, providing operational flexibility for stakeholders while ensuring legal compliance.
As India strengthens its position as a global content hub, this handbook is aimed to serve as a vital resource for stakeholders in the vibrant, tech-driven M&E space.
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India’s rise as a global content powerhouse is the focus of the report “A Studio Called India” by Ernst & Young which will be unveiled tomorrow at WAVES 2025 in Mumbai. The report underlines India’s growing influence in the global media and entertainment (M&E) landscape, driven by its expanding digital market, cultural diversity, and advanced production capabilities:
India’s diverse culture and advanced infrastructure make it a creative powerhouse
Animation and VFX costs are 40% to 60% lower in India and there is a large skilled workforce to support global production workflows
Indian content is gaining international acceptance, with up to 25% of views on global OTT platforms being generated outside of India
The report aims to highlight India’s impressive growth and innovation in the M&E sector, positioning the country as a leader in global content creation. India is rapidly becoming a global content hub, driven by its expanding digital market, diverse cultural and linguistic heritage, and rich storytelling traditions that resonate with audiences worldwide.
Key highlights of the Report will include:
Digital media takeover: In 2024, digital media overtook television to become the largest segment of India’s M&E sector, contributing over INR800 billion (US$9.4 billion) and accounting for 32% of sector revenues.
Content production: India produced approximately 200,000 hours of original content last year, including 1,600 films, 2,600 hours of premium OTT content, and 20,000 original songs. This positions India as one of the largest content- creation houses globally.
Technological advancements: AI and new technologies are revolutionizing the content industry in India. AI-driven platforms enhance the efficiency and quality of content production, enabling rapid creation of professional-grade videos, images, text, and music.
Live events surge: In 2024 alone, India hosted over 30,000 live events, including concerts featuring global artists like Ed Sheeran and Coldplay. Ticketed events have quadrupled in the last five years, highlighting the growing appetite for live entertainment.
Talent pool expansion: The M&E sector employs 2.8 million people directly, with an additional 10 million in indirect employment. India’s scalable talent advantage is bolstered by its diverse cultural and linguistic landscape, fostering a thriving content ecosystem.
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India’s digital landscape is undergoing a significant transformation driven by the rise of its creator economy. A new report by the Boston Consulting Group (BCG), titled “From Content to Commerce: Mapping India’s Creator Economy”, set to be launched tomorrow (3rd May 2025) at WAVES 2025 in Mumbai,will reveal that India’s creators currently influence over $350 billion in consumer spending annually — a figure expected to surpass $1 trillion by 2030.
The report highlights that India is home to 2 to 2.5 million active digital creators, defined as individuals with over 1,000 followers. Despite the scale, only 8–10% of them currently monetize their content effectively, underscoring the untapped potential of this fast-growing sector. The creator ecosystem’s direct revenues, estimated at $20–25 billion today, are projected to reach $100–125 billion by the end of the decade.
Key insights from the report will include:
Creators influence more than 30% of consumer decisions, shaping $350–400 billion in spending today.
The ecosystem is expanding beyond Gen Z and metropolitan centres, reaching varied age groups and city tiers.
Short-form video remains the dominant content format, with comedy, films, daily soaps, and fashion being the most consumed genres.
Brand strategies are evolving, with increased emphasis on faster content production, greater creative freedom, diversified consumer targeting, and outcome-based testing.
Revenue models are diversifying, with consumer-funded avenues such as virtual gifting, live commerce, and subscriptions gaining traction.
Brands are expected to scale up their investments in creator marketing by 1.5 to 3 times in the coming years, signalling a pivotal shift in marketing and commerce driven by the digital creator ecosystem.
The BCG report will be officially released during WAVES 2025 in Mumbai tomorrow. Discussions at the ongoing mega event WAVES 2025 on the emerging contours of AI, Social Media, AVGC Sector and Films reflect India’s expanding footprint in the Digital Media sphere.
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WAVES 2025 to witness the release of Statistical Handbook on Media and Entertainment Sector 2024-25 of Ministry of Information and Broadcasting, tomorrow. This is part of Government’s affirmation of the need for timely, reliable, authentic and comprehensive data on the M&E Sector as Media and Entertainment is an important component of the service sector having huge potential to contribute to growth of the economy of the country. Media & Entertainment ecosystem is a sunrise sector expected to grow at 7% CAGR to reach 3067 billion INR in 2027 as per the latest estimate. Various policy initiatives taken and its implementation need to be backed by appropriate data to have the optimum outcome.
Keeping in view the data requirement of the Ministry and other stakeholders in the sector, the Statistical Handbook on Media & Entertainment sector 2024-25, with the updated data and information on different segments of M&E sector will be launched at WAVES 2025 tomorrow.
A few snippets from the Statistical Handbook on Media & Entertainment sector 2024-25 are as follows:
Registered print publications soared from 5,932 in 1957 to 154,523 in 2024-25, with a CAGR of 4.99%
A total of 130 books on various themes including Children’s literature, History and freedom struggles, personalities and biographies, Builders of modern India, Science, technology and environment and other themes have been published by Publications Division, Ministry of Information & Broadcasting during 2024-2025.
100% geographical coverage through DTH service by March 2025.
Doordarshan Free Dish Channels: 33 channels in 2004 to 381 in 2025.
All India Radio (AIR) Coverage: Provides 98% population coverage through radio as of March 2025. Number of AIR radio stations grew from 198 in 2000 to 591 in 2025.
Private Satellite TV Channels surged from 130 in 2004-05 to 908 in 2024-25
Private FM stations grew from 4 in 2001 to 388 by 2024.
Information on State/UT-wise operational Private FM Radio Stations in India as on 31.03.2025.
Community Radio Stations (CRS) surged from 15 in 2005 to 531 in 2025. Data about State/UT/District/Location wise Operational CRS in India as on 31.03.2025 are also included.
741 Indian feature films certified in 1983, which was increased to 3455 in 2024-25, with a cumulative total of 69,113 by 2024-25
In addition to statistical data, information on the following is also available in the Handbook:
Awards in the film sector including International Film Festivals organized and documentaries produced by NFDC are also available in the Handbook.
Digital Media and Creator Economy including WAVES OTT Platform, Indian Institute of Creative Technologies (IICT) and Create in India Challenge (CIC) under WAVES 2025.
Landmark events in Information and Broadcasting Sector viz. the Press Registrar General of India (PRGI), Akashwani, Doordarshan, Private FM Radio Stations and TV-INSAT
Skilling courses under Ministry of Information & Broadcasting.
Ease of Doing Business initiatives by Ministry of Info & Broadcasting including Transformative Portals.
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Ms. Anuradha Prasad, former Secretary to the Government of India, Inter State Council Secretariat, Ministry of Home Affairs, took the Oath of the Office and Secrecy as Member, Union Public Service Commission today. The Oath was administered by Lt. Gen. Raj Shukla (Retd.), the seniormost Member of the Commission.
Ms. Anuradha Prasad did her graduation from the Lady Sriram College for Women and obtained a Masters in History from the University of Delhi. She also has a Masters Degree in Development Administration from the University of Birmingham, U.K.
Ms. Anuradha Prasad belongs to the 1986 batch of the Indian Defence Accounts Service. She has extensive experience in public policy, public finance, and cooperative federalism. In a career spanning over 37 years, she has worked in Union Ministries of Defence, Finance, Food Processing Industries, Labour & Employment and Home, gaining in-depth experience in policy & programme formulation and implementation.
As Finance Manager in the Acquisitions Wing of the Ministryof Defence, she handled acquisition of large platforms.In the Ministry of Finance, she handled finance and accounting for the Defence Services and the Ordnance Factory Board.During her stint in the Ministry of Food Processing Industries, Ms. Anuradha Prasad was instrumental in the development of the food industry through cold chain infrastructure, food testing laboratories and industry-driven R&D. She also has regulatory experience as Member of the Board of Food Safety and Standards Authority of India (FSSAI) as also the National Council for Vocational Education & Training (NCVET).
As Additional Secretary in the Ministry of Labour & Employment, she contributed to drafting of the Labour Codes and development of e-Shram Portal, a national database of workers in the unorganized sector.As Director General, Employees’ State Insurance Corporation (ESIC), she spearheaded various initiatives for health & welfare of workers during the Covid-19 pandemic.
As Secretary, Inter State Council Secretariat, Ministry of Home Affairs, she handled Centre-State and Inter-State relations and built consensus on many complex and sensitive issues resulting in key policy changes and expediting of infrastructure and other projects.
Post-retirement, Ms. Anuradha Prasad served as Member, Police Complaints Authority, Government of NCT Delhi.
Anime Ascending: Experts Decode Global Storytelling Strategies and Industry Growth at WAVES 2025 India has a unique ability to scale bold models that have not worked elsewhere: Jeremy Lim, GFR Fund Visionaries Behind the Screen: Fireside Chat Explores the Future of VFX in Cinematic Universes at WAVES 2025
India to become a superpower in the VFX industry and WAVES is a great initiative to take it forward
Posted On: 01 MAY 2025 9:39PM by PIB Mumbai
Mumbai, 1 May 2025
The inaugural day at the maiden WAVES 2025 Summit at the Jio World Convention Centre in Mumbai witnessed insightful breakout sessions delving deep into the vibrant AVGC sector of India.
A dynamic breakout session titled “Anime Ascending: Unlocking Global Potential in Storytelling, Fandom & Industry Growth” brought together leading figures from the Japanese and Indian animation industries for a high-powered conversation on the evolution, emotional core, and global trajectory of anime, with key focus on India’s growing potential.
Moderated by Shri Munjal Shroff, Chair, FICCI AVGC-XR Forum, the session featured a distinguished panel: Mr. Makoto Tezka, Director & CEO, Nontetra; Mr. Hideo Katsumata, President, The Anime Times Company, Japan; Mr. Makoto Kimura, CEO, Blue Rights, Japan; Mr. Atsuo Nakayama, CEO & President, Re Entertainment Co. Ltd.; and Ms. Anu Sikka, Business Head – Kids Entertainment and Infotainment, Jiostar.
Mr. Hideo Katsumata spoke about the increasing focus on Indian audiences and languages. He underscored the importance of societal engagement and cultural integration, stating, “We are exploring ways to blend Japanese animation with Indian traditions to connect with local audiences.”
Mr. Atsuo Nakayama offered valuable insights into the economic impact of anime in Japan and noted the vital role of the consumer. He expressed optimism about India as a promising market for Japanese animation and stressed the potential of the entertainment business in bridging cultural and commercial ties between the two nations.
In a detailed presentation, Mr. Makoto Tezka traced the origin of anime, emphasizing that the roots of Japanese animation lie deeply embedded in manga culture.
Ms. Anu Sikka highlighted the extensive research undertaken in India to better understand what resonates with young viewers. “The cultural relatability and emotional connect with Japanese content have contributed to anime’s growing popularity among Indian children,” she said, adding that behavioral analysis of viewership trends has significantly guided programming decisions
Mr. Makoto Kimura emphasized on the growing global footprint of anime and its visible impact across countries.
Moderated by Aditya Mani, CEO of Yologram Style, an insightful breakout session titled The New Arcade: VC’s Perspective on Gaming’s New Frontier, provided an in-depth look at the exciting opportunities and innovations within India’s gaming sector. The session featured a distinguished panel of venture capitalists (VCs) who discussed key trends, challenges, and opportunities within the gaming industry. The panel included Anuj Tandon, Partner at Bitkraft Venture, Sharan Tulsiani, Founder of Jetapult, Vinay Bansal, Founder & CEO of Inflection Point Ventures, Nihansh Bhat, Corporate Development Lead at KRAFTON India, and Jeremy Lim, Principal at GFR Fund.
The panel emphasised India’s unique position as a country of storytellers. India’s rich cultural narrative tradition is increasingly being woven into interactive media. Gaming, they pointed out, is converging not only with films and digital fashion but also with mainstream media with Indian gaming studios emerging as significant contributors.
Jeremy Lim pointed out that India has a unique ability to scale bold models that have not worked elsewhere.
A key focus of the session was the role of localisation in driving success within emerging markets. While global models serve as inspiration, the panel underscored the necessity of adapting gaming experiences to local insights and consumer behaviours.
Looking ahead to 2025, the growing influence of artificial intelligence (AI) was underscored. AI is set to play a key role in personalising gameplay, enhancing user interaction, and driving immersive storytelling.
The breakout session on VFX provided a unique opportunity to explore the pivotal role of visual effects in modern cinema and its future in shaping storytelling. Moderated by Sh. Akhauri P. Sinha, Managing Director, Framestore India, the session featured distinguished panelists Sh. Jaykar Arudra, VFX Supervisor, DNEG; Sh. Sandeep Kamal, Independent VFX Supervisor; and Sh. Srinivas Mohan, acclaimed for his work on Baahubali and 2.0. The panelists provided insights into how VFX is revolutionizing cinematic narratives.
Sh. Jaykar Arudra stressed the importance of research and design in meeting the creative demands of VFX-intensive productions. “It’s not just about spectacle—it’s about story integrity,” he noted. He further stated, “India is poised to become a superpower in the VFX industry, and WAVES is a great initiative to take this vision forward.”
“Technology is a game-changer,” noted Sh. Srinivas Mohan. He said, “When applied wisely, it allows us to break limitations and create world-class visuals.”.
Sh. Sandeep Kamal discussed the increasing accessibility of high-quality VFX tools and how affordability is no longer a barrier to excellence. “A clear vision is what guides us in achieving both quality and deadlines,” he noted.
The breakout sessions embodied deep sentiments of optimism and collaboration, as Anime, VFX and Gaming continue to evolve as powerful cultural and commercial forces worldwide. These sectors hold unprecedented potential for India. True to the spirit of WAVES, the breakout sessions were a celebration of innovation and storytelling.