Blockchain Press Releases
Cobham and Ultra Electronics pledge £5 million investment in UK skills
The scholarship programme will offer up to 500 students funding for each year of their university education
LONDON, July 10, 2023 /PRNewswire/ — In an effort to support and encourage the next generation of engineers, Cobham and Ultra Electronics, two leading UK defence, aerospace and technology companies have today announced the Cobham & Ultra Scholarship programme for university students from underrepresented groups.
Pledging a total of £5 million to six universities – with the potential of two more to come – that are recognised both in the United Kingdom and globally as leaders in engineering given their reputation and research in the field, the fund hopes to support over a hundred students starting their studies in September 2023 who will receive funding for each remaining year of their undergraduate degree. Supporting up to 500 students over the life of the fund, Cobham and Ultra Electronics have worked with the institutions located across the UK to guarantee the scholarship conditions ensure students most in need of financial support are selected.
Engineering is at the heart of what Cobham and Ultra Electronics do. For example, Ultra Electronics currently employs over 600 engineers in the UK alone, who work on military hardware, satellite communications and projects which ensure the UK and its allies’ national security. The £5 million worth of funding builds on this impressive feat and continues both Cobham and Ultra’s significant investment in advancing defence capabilities and staying ahead of the ever-evolving threat.
The Cobham & Ultra scholarship is a collaboration with engineering faculty leaders from the University of Oxford, University of Strathclyde, University of Nottingham, Northumbria University, Queen’s University Belfast and University of York. These universities have already received their scholarship funding, while discussions around funding agreements are ongoing with two other leading institutions. This collaboration could also potentially see students access a number of added benefits including first-hand mentoring and guidance, should students wish for it.
In addition, Cobham and Ultra Electronics’ relationship with the prestigious universities will allow the chance for students studying a range of engineering degrees including electrical and electronic, civil and mechanical to explore work experience opportunities and even a year in industry.
Shonnel Malani, Chairman of the Board of Cobham and Ultra Electronics stated: “Ultra Electronics and Cobham’s history are steeped in contributing to the UK’s national security, and through this investment we are ensuring the UK maintains this defensive capability moving forward. This investment unlocks future growth, boosts productivity and will help build the skilled workforce of the future in the UK.
“Further to this, our £5 million pledge to these leading engineering higher-education institutions offers students from underrepresented groups the opportunity to pursue their educational goals and build a stronger platform for success in their future careers and life ambitions.”
For further information please visit: www.cobhamultrascholarship.com.
Cobham
Cobham is a leading global aerospace and defence company, specialising in technology and services innovation. Respected for providing solutions to the most challenging problems, from deep space to the depths of the ocean. Founded in 1934, Cobham designs and manufactures intelligent hardware for defence, aerospace and space markets.
Ultra Electronics
Ultra Electronics (“Ultra”) is a leading provider of mission–critical defence electronics solutions. Ultra provides highly engineered and mission critical solutions primarily to defence end–markets. Ultra is a leading provider of sonar and radio frequency electronics solutions across marine, air, land and space environments, and has at its core the purpose of supporting a safer tomorrow. The company’s technologies are typically sole–sourced, reflecting the cutting–edge engineering capabilities it provides to many of the world’s largest commercial and military platforms.
View original content:https://www.prnewswire.co.uk/news-releases/cobham-and-ultra-electronics-pledge-5-million-investment-in-uk-skills-301870085.html
Binance, a leading cryptocurrency exchange, has announced adjustments to the tick size (the minimum change in the unit price) of specific spot trading pairs. These adjustments are aimed at enhancing market liquidity and improving the overall trading experience for users. The changes are scheduled to be completed by 05:00 (UTC) and 07:00 (UTC) on May 23, 2024.
Traders can find details about the tick sizes of all spot trading pairs on Binance in the platform’s Trading Rules. Importantly, the adjustment will not impact spot trading and related functionalities. API users will also observe changes in the tick size, and they can stay updated with the latest tick size using the GET /api/v3/exchangeInfo endpoint. Additional details and updates can be found in the API Changelog.
Existing spot orders will not be affected by the tick size update. Orders placed before the update will continue to be matched with the original tick size. However, traders are advised to adjust their trading strategies accordingly to avoid any unnecessary impact on their trading activities.
Binance emphasizes the importance of referencing the English version of the announcement for the most accurate and up-to-date information, as there may be discrepancies in translated versions. The exchange remains committed to providing a seamless trading experience and appreciates the support of its users. Users are reminded to exercise caution and make informed decisions when trading on the platform.
Source: blockchain.news
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According to an official announcement released on May 16, 2024, OKX will introduce new USDC trading pairs in the spot trading section between 7:00 am and 8:00 am UTC on May 20, 2024. This addition aims to broaden trading options for OKX users and contribute to the expanding USDC ecosystem.
In light of the risks associated with digital asset trading, OKX has issued a cautionary note to all users. They emphasize that information provided by OKX and third parties is for informational and educational purposes only. OKX does not guarantee the accuracy or completeness of any information and does not provide financial, investment, or other forms of advice.
OKX highlights the speculative nature and high volatility of digital assets, cautioning that they may become illiquid at any time, potentially resulting in the loss of the entire investment. Therefore, OKX advises users to conduct thorough research and assess their risk tolerance before engaging in digital asset trading.
For inquiries regarding the new USDC spot trading pairs or any other concerns, users can contact OKX through their support center or engage with the OKX team on various platforms. OKX’s proactive approach in addressing user inquiries and fostering community interaction underscores its commitment to user satisfaction and the overall growth of the crypto ecosystem.
Source: blockchain.news
The post OKX Announces Support for New USDC Spot Trading Pairs appeared first on HIPTHER Alerts.
ShibaSwap, the decentralized exchange (DEX) affiliated with the Shiba Inu ecosystem, has announced a significant upgrade by migrating to the Shibarium blockchain. This move is expected to introduce a range of new utilities for users, as stated in a recent press release.
The upgrade includes features such as a revamped dashboard, enhanced user experience, discovery charts for trending tokens, and an improved process for onboarding new tokens onto the DEX.
Lead developer Shytoshi Kusama expressed enthusiasm for the upgrade, highlighting its potential to empower DEFI innovators and facilitate community token interaction on Shibarium. Kusama also invited the community to explore the new swap and encouraged existing Shibarium tokens to transition to the platform seamlessly, while assuring that further updates are in the pipeline.
A portion of transaction fees will be utilized to enhance liquidity pool (LP) value in swap transactions, benefiting users and the yield farming community, according to the press release.
The upgrade rollout will prioritize enhancing discovery and can be expected to include more regular updates and upgrades, as noted by fellow developer and contributor Kaal.
The upgrade aims to minimize gas fees and ensure faster transactions, in addition to supporting various segments of the Shiba Inu Ecosystem, including $SHIB and $LEASH tokens, SHEboshis DN-404 tokens, SHIB The Metaverse, ShibaSwap DEX, and the Shiba Eternity game.
Shibarium’s layer 2 mainnet, launched in August 2023, saw the creation of 21 million wallets and was trialed by millions of users. It introduced a new consensus mechanism called proof-of-participation (PoP), which selects validators based on their holdings of the associated cryptocurrency.
As of the latest data, the price of SHIB stands at $0.0002548, reflecting an almost 7% increase in the last 24 hours, with SHIB being the 11th largest in terms of market cap, according to CoinMarketCap.
Source: cointelegraph.com
The post ShibaSwap rolls out major upgrade, moves to Shibarium appeared first on HIPTHER Alerts.
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