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Genesis Mining Announces Disposition of Shares of HIVE Blockchain Technologies

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Genesis Mining Ltd. (“Genesis“) announces that it has disposed of beneficial ownership of and control or direction over, an aggregate of 6,584,560 common shares (“Common Shares“) of HIVE Blockchain Technologies Ltd. (the “Company“) by way of a series of sales up to August 1, 2019 through the facilities of the TSX Venture Exchange, at prices ranging from $0.31 to $0.51 per share, for total consideration of $2,824,454.65.

Immediately prior to transactions that triggered the obligation to issue this press release, Genesis had beneficial ownership of and exercised control or direction over 61,730,145 Common Shares and warrants to acquire 2,770,560 Common Share (“Warrants“), representing approximately 19.64% of the issued and outstanding Common Shares on a partially diluted basis (on the basis of 325,675,626 Common Shares issued and outstanding as of the date hereof and assuming the exercise of all of the Warrants held by Genesis). Immediately following the transactions that triggered the obligation to issue this press release, Genesis had beneficial ownership of and exercised control or direction over 55,145,585 Common Shares and 2,770,560 Warrants, representing approximately 16.78% of the issued and outstanding Common Shares on a partially diluted basis (on the basis of 325,675,626 Common Shares issued and outstanding as of the date hereof and assuming the exercise of all of the Warrants held by Genesis).

Genesis holds the Common Shares and Warrants for investment purposes. Genesis may acquire or dispose of additional securities of the Company in the future through the market, privately, or otherwise, as circumstances or market conditions warrant. Any transaction that Genesis may pursue may be made at any time and from time to time without prior notice and will depend on a variety of factors, including, without limitation, the price and availability of the Company’s securities, subsequent developments affecting the Company, its business and prospects, other investment and business opportunities available to Genesis, general industry and economic conditions, the securities markets in general, tax considerations and other factors deemed relevant by Genesis.

Genesis will file an early warning report under the SEDAR profile of the Company at www.sedar.com. A copy may also be obtained by contacting Shahriar Hafizi at 650-308-9102. The head office of the Company is located at Suite 3123 – 595 Burrard Street, Vancouver, British Columbia V7X 1J1.

SOURCE Genesis Mining Ltd.

Blockchain

Teletubbies Digital Companions to Launch on the Tezos Blockchain

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MetaPals, an AI digital companion platform, is partnering with WildBrain’s beloved Teletubbies to bring together cherished childhood memories and the innovative digital era with the launch of the Teletubbies AI digital companions on 20 April, 2024.
As Teletubbies commemorates its 27th anniversary on 31 March, the collaboration marks the beginning of an exciting array of renowned IPs joining the ‘MetaPals Multiverse’ in 2024. Through the use of AI and blockchain technology powered by Tezos, much loved Tinky Winky, Dipsy, Laa-Laa, Po, and even Noo-Noo have become personalized, evolving digital companions within the MetaPals browser extension game engine.

The Teletubbies characters integrate with users’ daily browsing experience that accompanies users across the web, offering both playful interactions and practical assistance. This technology not only brings these fun characters to life in new, interactive ways, but also helps to enhance the mental well-being of users by fostering a sense of companionship.

Each Teletubbies companion within the MetaPals Multiverse will exhibit unique personality traits, offering users a diverse and dynamic experience. With personalities distributed across 5000+ Teletubby companions along a spectrum, users are guaranteed a one-of-a-kind experience, ensuring enjoyment for all and opportunities to foster new connections with this nostalgic brand.

Max Giammario, CEO of MetaPals, said: “Through this collaboration we’re not just revisiting Teletubbyland, we’re reinventing it for the digital age. By weaving in AI and blockchain, we enable the Teletubbies characters to evolve, interact, and form unique bonds with users, embodying our vision of dynamic digital companionship. With a bit of ‘MetaPals magic’, the Teletubbies are exploring beyond the hills and far away, ready to play, in ways we’ve never imagined.”

Melissa Goodrich, Director, Franchise Strategy at WildBrain, said: “We’re excited to see our colorful quartet come to life in new ways through this unique digital experience for fans. As we celebrate 27 years of the perennially popular Teletubbies franchise, this latest collaboration encapsulates the essence of childhood nostalgia while embracing the limitless possibilities of the digital age.”
Jason Lim, TZ Apac Games Adoption Team for the Tezos Ecosystem, said: “MetaPals will be pioneering the convergence of iconic IPs such as Teletubbies with the limitless possibilities of the Tezos blockchain. I can’t wait to see the magic they are brewing up next.”

The post Teletubbies Digital Companions to Launch on the Tezos Blockchain appeared first on HIPTHER Alerts.

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Alarum Announces Exciting Events Lineup and Welcomes Esteemed Advisor to NetNut’s Advisory Board

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Blockchain

RevoluGROUP Canada Inc. Announces White Label Partnership with MONECO France

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