Blockchain Press Releases
Lori L. Harmon Joins myGwork as Chair to Support the Company’s Mission to Make Workplaces Safer & More Inclusive
LONDON, Aug. 16, 2023 /PRNewswire/ — myGwork, the largest global LGBTQ+ talent platform, has announced the appointment of Lori L. Harmon as the new Chair of the Board, who will focus on driving the next phase of growth, and support the company co-founders’ mission to make workplaces safer and more inclusive for all worldwide.
Harmon is the Vice President and Global Head of Business Development at Cloudflare. As a strategic go-to-market executive and general manager, Harmon consistently leads and transforms sales and customer success teams to achieve revenue targets of over $1B for organizations of all sizes. She also serves on the Advisory Board for the American Association of Inside Sales Professionals (AA-ISP).
Previously, Harmon served as an independent director for SiteLock, a leading security website company, prior to its sale to Sectigo. She is a natural problem-solver with expertise in digital sales, AI, customer success, cybersecurity and SaaS. Her problem-solving abilities and transformative leadership skills come from deep experience leading global sales, professional services, customer support, product management and marketing teams to help customers maximize their return, which have in turn helped her to consistently drive sales innovation and shape growth strategies. As an active member of networking organizations like Chief, Forte Group and FirstBoard.io, Harmon highly values the importance of diversity, and works hard to increase the representation of women in industries like tech, as well as in leadership positions.
With strong expertise in the digital space, close personal ties to the LGBTQ+ community, and a strong public platform both in the U.S. and globally, Harmon’s expertise complements the skills of myGwork’s co-founders Pierre and Adrien Gaubert, who have spent the last decade helping to create safer and more inclusive workplaces. In fact, myGwork’s mission is one that Harmon holds close to her heart because a close member of her family also experienced anti-LGBTQ+ discrimination early on in their career, similar to the Gaubert brothers, which ultimately resulted in the creation of myGwork.
“We’re delighted to announce Lori as the new Chair of our Board. The wealth of her strategic experience in the digital space coupled with her sales expertise and commitment to diversity and inclusion, will support myGwork’s ambitious international growth targets,” stated Adrien and Pierre Gaubert. “While we continue to focus on growing our business, our focus now is on strengthening our current product base and platform to ensure that we are maximizing the impact that we have on workplace inclusion globally. We believe Lori’s appointment as Chair and her deep expertise will help to achieve that.”
Commenting on the new appointment, Harmon stated: “I am honored to have been offered the role of Chair of the Board at myGwork. It’s a chance to leverage my unique perspectives, expertise, and passion to lead myGwork into a brighter future. Together with an exceptional team, we’ll pave the way for inclusivity and diversity, driving positive global change in the world. Diversity is a proven competitive edge!”
Harmon’s appointment is timely as it coincides with another round of investment totaling £1.3m, which the company recently secured despite the current challenging fundraising environment. The latest injection of funding, which was led again by 24Haymarket, with contributions from a new network of Angel investors and grant funding from Innovate UK, will be used to further enhance myGwork’s e-learning products, offered through the myGwork Academy, as well as expand its reach and impact internationally.
“We are thrilled to continue to support the team at myGwork in expanding their reach amongst the LGBTQ+ community as well being part of the journey in upskilling workforces through the myGwork Academy. With the addition of this new round of funding, as well as the broadening of the board through the addition of a new chair, we look forward to myGwork growing and increasing impact from an already market leading position,” stated James Campin, myGwork Board Observer and Investment Executive at 24Haymarket.
“A large portion of the funding package consisted of grant support from Innovate UK which will be used to support our network growth and user experience,” explained myGwork’s Chief Strategy Officer, Stephan Heinz. “New products include adding our first Spanish language course, and launching an additional course on Intersectionality, covering a much-needed knowledge gap, as confirmed by the majority of our clients.”
“Our users and clients are the foundation of our business, so it’s important to us that our platform’s user experience is industry-leading and user-friendly. We are excited about the new and upcoming features that this additional funding will support, which include improved user analytics to provide that much-needed and unique personalized experience, which will ultimately help us in our mission to create safer and more inclusive workplaces for all around the world,” added Adrien and Pierre Gaubert.
For more information about the myGwork Academy, or about the new appointment, contact: [email protected]
ABOUT MYGWORK
myGwork is the largest talent platform and professional network for LGBTQ+ professionals, graduates, inclusive employers and anyone who believes in workplace equality. It empowers the LGBTQ+ community by offering individual members a safe space where they can connect with inclusive employers, find jobs, mentors, professional events, e-learning/training, news and much more. myGwork‘s co-founders and twin brothers Adrien and Pierre Gaubert have won many accolades in the diversity and inclusion space since setting up the platform. They have been honored as one of the UK’s Top 50 inclusion champions in the 2022/23 Diversity Power List, won the Attitude Young LGBTQ+ Entrepreneur of the Year Award and named as one of the Top 100 Global LGBT+ OUTstanding Executives. myGwork has won many awards too, including the Bank of London’s 2022 Rainbow Honours, and shortlisted for The 2022 Digital Leaders Impact Awards celebrating UK tech for good. The company was also listed in the Top 5 Startups with Pride by Geek Times and won the Diva Magazine Award of Corporate Allies.
Photo: https://mma.prnewswire.com/media/2187243/Lori_Harmon.jpg
View original content:https://www.prnewswire.co.uk/news-releases/lori-l-harmon-joins-mygwork-as-chair-to-support-the-companys-mission-to-make-workplaces-safer–more-inclusive-301902383.html
Blockchain
Ethereum ETFs Aren’t Blockchain But Is A Revolutionary Tech: Top 6 Amazing Reasons To Invest In Them
The financial landscape is rapidly evolving, with the integration of blockchain technology and cryptocurrencies becoming more prominent. Among these, Ethereum ETFs (Exchange-Traded Funds) have emerged as a significant investment vehicle, offering exposure to the Ethereum blockchain’s native cryptocurrency, Ether (ETH), without requiring direct ownership. However, it’s crucial to understand that Ethereum ETFs are distinct from the blockchain itself and serve different purposes in the investment world.
Understanding Ethereum and ETFs
Ethereum: A decentralized platform that enables the creation and execution of smart contracts and decentralized applications (dApps). It operates using its cryptocurrency, Ether (ETH), which fuels the network.
ETF (Exchange-Traded Fund): A type of investment fund that holds a collection of assets and is traded on stock exchanges. ETFs can include various asset classes, such as stocks, commodities, or bonds.
Ethereum ETFs: The Intersection of Traditional Finance and Cryptocurrency
An Ethereum ETF provides a way for investors to gain exposure to the price movements of Ether without directly purchasing the cryptocurrency. This is achieved through an ETF structure, where the fund holds assets linked to the value of Ether, and investors can buy shares of the ETF on traditional stock exchanges.
Key Features of Ethereum ETFs:
- Indirect Exposure: Investors gain exposure to Ether’s price changes without needing to manage or store the cryptocurrency themselves.
- Regulatory Compliance: Unlike the relatively unregulated cryptocurrency market, ETFs operate under the oversight of financial regulators, offering a layer of investor protection.
- Accessibility: Ethereum ETFs are available through traditional brokerage platforms, making them accessible to a broader range of investors.
Why Invest in an Ethereum ETF?
- Diversification: Including an Ethereum ETF in a portfolio can provide exposure to the cryptocurrency market, potentially enhancing diversification beyond traditional assets.
- Convenience and Familiarity: ETFs are a familiar investment product, simplifying the process of investing in cryptocurrencies.
- Professional Management: ETF managers handle the investment decisions, including the buying and selling of assets, which can be advantageous for those less familiar with the cryptocurrency space.
- Regulatory Oversight: ETFs are subject to regulatory scrutiny, potentially offering more safety and transparency compared to direct cryptocurrency investments.
- Potential for Growth: As the cryptocurrency market grows, ETFs linked to assets like Ether may benefit from rising prices.
Key Differences Between Ethereum and Ethereum ETFs
While both are related to the Ethereum blockchain, Ethereum itself and Ethereum ETFs represent different forms of investment:
- Ethereum (ETH):
- Direct ownership of the cryptocurrency.
- Full exposure to Ethereum’s features, including staking and network participation.
- Traded on cryptocurrency exchanges.
- Highly volatile and largely unregulated.
- Ethereum ETF:
- Indirect exposure through shares representing Ether’s value.
- Traded on traditional stock exchanges under regulatory oversight.
- Offers a more stable and familiar investment structure.
- Typically lower volatility compared to direct cryptocurrency ownership.
Future Considerations for Ethereum ETFs
The approval and launch of Ethereum ETFs mark a significant milestone in bringing cryptocurrencies closer to mainstream finance. They offer a convenient and regulated means for investors to gain exposure to the growing digital assets market. However, they also come with limitations, such as not allowing direct participation in the Ethereum ecosystem’s innovations, like dApps and smart contracts.
As the market evolves, we may see more sophisticated financial products that better capture the full potential of the Ethereum ecosystem. For now, Ethereum ETFs provide a balanced option for those interested in cryptocurrency exposure within the framework of traditional finance.
In conclusion, while Ethereum ETFs offer a gateway into the world of digital assets, they should be viewed as complementary to, rather than a replacement for, direct investment in the underlying blockchain technologies. Investors should carefully consider their investment goals, risk tolerance, and the unique attributes of both Ethereum and Ethereum ETFs when making investment decisions.
Source: blockchainmagazine.net
The post Ethereum ETFs Aren’t Blockchain But Is A Revolutionary Tech: Top 6 Amazing Reasons To Invest In Them appeared first on HIPTHER Alerts.
Nexo, a leading institution in the digital assets industry, has reinforced its commitment to data security by renewing its SOC 2 Type 2 audit and attaining a new SOC 3 Type 2 assessment without any exceptions. This rigorous audit process, conducted by A-LIGN, a respected independent auditor specializing in security compliance, confirms Nexo’s adherence to stringent Trust Service Criteria for Security and Confidentiality.
Key Achievements and Certifications
- SOC 2 and SOC 3 Compliance:
- SOC 2 Type 2: This audit evaluates and reports on the effectiveness of an organization’s controls over data security, particularly focusing on the confidentiality, integrity, and availability of systems and data.
- SOC 3 Type 2: This public-facing report provides a summary of SOC 2 findings, offering assurance to customers and stakeholders about the robustness of Nexo’s data security practices.
- Additional Trust Service Criteria:
- Nexo expanded the scope of these audits to include Confidentiality, showcasing a deep commitment to protecting user data.
- Security Certifications:
- The company also adheres to the CCSS Level 3 Cryptocurrency Security Standard, and holds ISO 27001, ISO 27017, and ISO 27018 certifications, awarded by RINA. These certifications are benchmarks for security management and data privacy.
- CSA STAR Level 1 Certification:
- This certification demonstrates Nexo’s adherence to best practices in cloud security, further solidifying its position as a trusted partner in the digital assets sector.
Impact on Customers and Industry Standards
Nexo’s rigorous approach to data protection and compliance sets a high standard in the digital assets industry. By achieving these certifications, Nexo provides its over 7 million users across more than 200 jurisdictions with confidence in the security of their data. These achievements not only emphasize the company’s dedication to maintaining top-tier security standards but also highlight its proactive stance in fostering trust and transparency in digital asset management.
Nexo’s Broader Mission
As a premier institution for digital assets, Nexo offers a comprehensive suite of services, including advanced trading solutions, liquidity aggregation, and tax-efficient credit lines backed by digital assets. Since its inception, the company has processed over $130 billion, showcasing its significant impact and reliability in the global market.
In summary, Nexo’s successful completion of SOC 2 and SOC 3 audits, along with its comprehensive suite of certifications, underscores its commitment to the highest standards of data security and operational integrity. This dedication positions Nexo as a leader in the digital assets space, offering unparalleled security and peace of mind to its users.
Source: blockchainreporter.net
The post Nexo Reaffirms Commitment to Data Protection with SOC 3 and SOC 2 Compliance appeared first on HIPTHER Alerts.
Republican Senator Roger Marshall has withdrawn his support for the Digital Asset Anti-Money Laundering Act of 2023, a controversial bill he initially co-sponsored with Senator Elizabeth Warren and others. This bill, reintroduced in the Senate on July 27, 2023, aimed to bring the cryptocurrency industry into alignment with existing anti-money laundering (AML) and counter-terrorism financing (CTF) laws.
Key Provisions of the Bill
The legislation proposed stringent regulations on digital asset providers, including unhosted wallet providers, miners, and validators, by classifying them as financial institutions under the Bank Secrecy Act (BSA). It mandated these entities to adhere to BSA compliance requirements, which include extensive reporting and monitoring responsibilities. Additionally, the bill called for the Financial Crimes Enforcement Network (FinCEN) to establish regulations for reporting significant foreign digital asset holdings and to create compliance measures to address risks associated with anonymity-enhancing technologies.
Senator Marshall’s Shift
Marshall’s withdrawal from the bill comes as a surprise, particularly given his earlier criticisms of cryptocurrencies, which he has described as a “threat to national security.” This includes concerns over stablecoins like Tether potentially facilitating illegal activities and circumventing U.S. sanctions. Despite his earlier stance, Marshall’s departure from the legislation suggests a reconsideration of the bill’s implications or an alignment with broader political and industry perspectives on cryptocurrency regulation. His office has not provided a comment on the reasons for his withdrawal.
Political and Industry Reactions
The bill had garnered significant bipartisan support, with 18 co-sponsors, reflecting a broader concern in Congress over regulating the rapidly growing cryptocurrency market. However, it has also faced criticism for potentially imposing impractical compliance burdens that could stifle innovation and push crypto activities offshore. Critics argue that the bill’s stringent requirements could inadvertently drive users toward unregulated platforms, thereby undermining its intent to enhance security and regulatory oversight.
Broader Context
The withdrawal comes at a time when cryptocurrency regulation is a highly contentious issue in U.S. politics. Former President Donald Trump has promised to relax crypto regulations if elected, contrasting with the current administration’s more stringent stance. Under President Joe Biden, the Securities and Exchange Commission (SEC) and other regulatory bodies, led by figures like Gary Gensler, have taken a more rigorous approach to regulating the sector, which has drawn criticism for being overly restrictive.
Senator Marshall’s decision to step back from the Digital Asset Anti-Money Laundering Act reflects the complex and evolving nature of cryptocurrency regulation in the U.S. While the bill seeks to bring greater oversight and security to the crypto industry, it also raises concerns about regulatory overreach and its potential negative impact on innovation and privacy. As the debate continues, the U.S. legislative and regulatory landscape for cryptocurrencies remains in flux, balancing the need for security with the desire to foster technological innovation.
Source: decrypt.co
The post Marshall Becomes First US Senator to Walk from Controversial Crypto Bill He Co-Sponsored appeared first on HIPTHER Alerts.
-
Blockchain5 days agoBinance Cleared to Invest Customer Assets in US Treasury Bills: What It Means for Crypto and Dollar Dominance
-
Blockchain5 days ago
Deep Custodian Limited Obtains Hong Kong TCSP License, Authorized to Provide Compliant Crypto Asset Custody Services
-
Blockchain Press Releases2 days agoBybit Web3 Livestream Explores Cultural Meme Coins and Other Trends
-
Blockchain Press Releases2 days agoBybit Surges to Second Place in Derivatives Market, Solidifying Position as Global Crypto Trading Leader
-
Blockchain3 days ago
Blockchain Intelligence Group adds additional modules and launches its Certified Cryptocurrency Investigator – Advanced Series
-
Blockchain2 days ago
Kevin O ‘Leary Addresses Crypto Investing, Ethereum ETFs, and SEC Chair in Recent Interview
-
Blockchain4 days agoBitAngels Network Hosts Blockchain Pitch Competition in Nashville
-
Blockchain4 days agoCoinW Continues Expedition Trek And Double Down On Presence At ETH-Native Events
