Blockchain
Hunter Technology Announces 2 to 1 Share Consolidation
Vancouver, British Columbia–(Newsfile Corp. – November 4, 2022) – Hunter Technology Corp. (TSXV: HOC) (OTCQB: HOILF) (WKN: A2QEYH) (FSE: RWP) (ISIN: CA4457372080) (“Hunter” or the “Company“) is pleased to announce that it will consolidate all of its common shares on the basis of one (1) post-consolidation common share for every two (2) pre-Consolidation common shares (the “Consolidation“).
The common shares of the Company will commence trading on a post-Consolidation basis under the existing ticker symbol on November 8, 2022. As of the date of this news release, the Company has 4,533,307 common shares issued and outstanding. Following completion of the Consolidation, the Company is expected to have approximately 2,266,600 common shares issued and outstanding.
No fractional common shares will be issued pursuant to the Consolidation. Any fractional interest in common shares resulting from the Consolidation will be rounded down to the nearest whole common share. No fractional shares will be issued and will be eliminated.
A letter of transmittal will be mailed to registered shareholders by the Company’s transfer agent, Computershare Investor Services Inc., once the Consolidation has taken effect. The letter of transmittal contains instructions on how registered shareholders can exchange their share certificates evidencing their pre-Consolidation shares for new share certificates representing the number of post-Consolidation shares to which they are entitled. Beneficial shareholders holding their shares through a brokerage may be subject to different procedures for obtaining their post-Consolidation shares. If shareholders have any questions in this regard, they are encouraged to contact their respective brokerage or intermediary.
About Hunter Technology Corp.
Hunter Technology Corp. develops interactive software platforms that digitalize and streamline physical oil trading throughout the transaction lifecycle. With its solutions, Hunter delivers more favorable economics and fair market access for all and promotes the transition towards a more environmentally and ethically responsible ecosystem. Its flagship product OilEx will connect independent oil producers, buyers, and traders in a trusted digital marketplace to optimize prices, simplify processes, improve transparency, and support a reduced carbon footprint. Through its data analytics capabilities, Hunter offers real time supply chain management tools for tracking the origin, logistics, and processing of hydrocarbons and the environmental, social and governance (ESG) compliance during their life cycle.
For inquiries, please contact:
Dr. Konstantinos Ghertsos
Chief Executive Officer
(778) 655-9202
Neither the TSX Venture Exchange Inc. (“Exchange”) nor its regulation services provider (as that term is defined in the policies of the Exchange) accepts responsibility for the adequacy or accuracy of this press release.
Forward-Looking Statements
This press release contains forward-looking information and forward-looking statements (collectively, “forward-looking statements”) as such terms are defined by applicable securities laws. Forward-looking statements are statements that relate to future, not past, events. In this context, forward-looking statements often address expected future business and financial performance, and often contain words such as “anticipate,” “believe,” “plan,” “estimate,” “expect,” and “intend,” statements that an action or event “may,” “might,” “could,” “should,” or “will” be taken or occur, or other similar expressions. Forward-looking statements are subject to a number of known and unknown risks and uncertainties, many of which involve factors or circumstances that are beyond Hunter’s control and Hunter’s actual results could well differ materially from those stated or implied in forward-looking statements due to many various factors. These include, but are not limited to, statements and information regarding: (i) the completion and potential benefits of the Consolidation; (ii) the expected number of common shares issued and outstanding following the Consolidation; (iv) the timing and anticipated effective date of the Consolidation; and (v) TSXV approval. Although the Company believes that the expectations reflected in the forward-looking statements are reasonable, the Company cannot guarantee that the events and circumstances reflected in the forward-looking statements will be achieved or occur. The timing of events and circumstances and actual results could differ materially from those projected in the forward-looking statements. Accordingly, one should not place undue reliance on forward-looking statements. All forward-looking statements contained in this press release are made as of today’s date and Hunter undertakes no obligation to update or publicly revise any forward-looking statements, whether as a result of new information, future events or otherwise.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/143082
Today’s blockchain ecosystem is defined by soaring ambitions, regulatory crosswinds, and an ever-evolving tapestry of decentralized applications. In this edition of Blocks & Headlines: Today in Blockchain – April 30, 2025, we cover five pivotal developments shaping Web3’s next chapter:
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Telegram’s TON Factory Launch – A breakthrough in on-chain scalability.
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EU Data-Protection Ruling Threatens Full Blockchain Histories – The fight between GDPR and immutability.
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One Championship MMA Game Debuts on Sui – A major Web3 foray into mobile gaming.
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U.S. Senate Eyes New Blockchain Act – Bipartisan push to regulate digital assets.
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DMG Blockchain’s AI Data-Center Investment – Convergence of crypto mining and AI infrastructure.
Below, we deliver concise yet detailed analyses of each story, infused with expert commentary on their strategic significance. Read on to understand how these trends will influence protocol adoption, developer incentives, regulatory frameworks, and the future of decentralized networks.
1. Telegram’s TON Factory Boosts On-Chain Scalability
What happened:
Telegram’s Open Network (TON) team officially unveiled TON Factory, a novel toolkit designed to streamline the deployment and scaling of decentralized applications. Built atop TON’s sharded architecture, TON Factory enables developers to spin up isolated “factories”—subnets that can host smart contracts, NFTs, and DeFi modules—while sharing security guarantees with the main chain. According to the announcement, early tests show that each factory can process up to 15,000 transactions per second (TPS) in isolation, with near-instant finality.
Why it matters:
Scalability remains blockchain’s Achilles’ heel. TON Factory’s factory-of-subnets approach promises to lower the barrier to entry for high-throughput dApps—everything from micro-payment systems to real-time gaming. By offering elastic compute and fee-optimization mechanisms, Telegram aims to undercut legacy Layer-1 networks and attract a new generation of builders.
Opinion & Implications:
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Developer Experience: Abstractions like preconfigured factories could accelerate time-to-market for teams lacking deep consensus expertise.
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Network Effects: If TON’s UX outpaces rivals (e.g., Ethereum’s zk-rollups or Solana’s Turbine), we may see a migration of liquidity and talent.
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Security Trade-Offs: Isolating factories can mitigate cross-dApp failures, but adds complexity to transaction routing and dispute resolution. Audits will be essential to validate this novel model.
Source: Cointelegraph – Telegram TON Factory Launch
2. EU Regulators Propose Deleting Entire Blockchains for GDPR
What happened:
European data-protection authorities have floated a radical interpretation of GDPR: the “right to erasure” could extend to purging entire on-chain histories containing personal data. Under this view, controllers operating within the EU must either anonymize linked data or entirely delete chain segments—potentially forcing chains to implement selective pruning or permissions.
Why it matters:
Blockchain’s immutability ethos directly clashes with GDPR’s erasure mandate. If regulators enforce selective deletion, networks may need to retrofit privacy-preserving layers (e.g., zero-knowledge proofs, chameleon hashes) or risk noncompliance fines up to 4% of global turnover.
Opinion & Implications:
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Protocol Evolution: Expect a surge in privacy-by-design protocols that segregate PII off-chain while anchoring proofs on-chain.
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Jurisdictional Fragmentation: Projects may geo-fence EU users or spawn EU-compliant forks—fracturing unified global ledgers.
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Commercial Impact: Exchanges and custodians face urgent deadlines to audit on-chain data holdings and deploy erasure tools—or face hefty penalties.
Source: Daily Hodl – EU Blockchain Erasure
3. One Championship’s MMA Game Launches on Sui for iOS/Android
What happened:
One Championship, Asia’s premier martial-arts league, has partnered with Mysten Labs to release “ONE Fight Manager”—a play-to-earn mobile title powered by the Sui blockchain. Available now on iOS and Android, the game lets users train NFT fighters, compete in PvP leagues, and earn SUI tokens through ranked matches. Mysten Labs touts sub-two-second transaction finality and near-zero gas fees, enabling seamless gameplay even for on-chain microtransactions.
Why it matters:
Gaming remains the killer app for mass blockchain adoption. By leveraging Sui’s Move VM and object-centric model, ONE Fight Manager addresses two critical pain points: UX friction and cost barriers. Real-time, feeless interactions are vital to onboard traditional gamers accustomed to instant feedback loops.
Opinion & Implications:
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User Acquisition: High-profile IP like One Championship can drive millions of installs—and funnel new users into the broader Sui ecosystem.
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Economics & Tokenomics: Careful tuning of token emission and NFT scarcity will determine whether the game sustains long-term engagement or succumbs to “play-to-earn” collapse.
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Cross-Chain Synergy: Success here may inspire similar partnerships on Aptos, Ethereum, or emerging Layer-1s, intensifying competition for flagship gaming titles.
Source: Decrypt – ONE Championship Sui Game
4. Ohio Senator Leads Push for U.S. Blockchain Act
What happened:
Senator J.D. Kerns (R-OH) has introduced the Blockchain Innovation and Consumer Protection Act, aiming to create a federal framework for digital-asset oversight. Key provisions include:
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Defined Classifications: Differentiating between payment tokens, security tokens, and utility tokens.
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Licensing Regime: Establishing a “Digital Asset Services Commission” to grant interstate licenses for exchanges and custodians.
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Consumer Safeguards: Mandatory proof of reserves, clear disclosure requirements, and dispute-resolution protocols.
Why it matters:
After years of fragmented state laws and agency turf wars, this Act represents Congress’s first cohesive effort to legislate blockchain. By preempting state-level divergence, it could streamline compliance for businesses—provided it balances innovation with investor protection.
Opinion & Implications:
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Regulatory Clarity: Clear definitions can foster institutional entry, reducing legal ambiguity that stifles corporate treasuries from adopting crypto.
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Unintended Consequences: Overly stringent licensing could entrench incumbents and erect high barriers for startups.
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Global Competitiveness: U.S. leadership in blockchain law may influence other jurisdictions—critical as Asia and Europe race to craft their own regulatory regimes.
Source: The Street – Blockchain Act Proposal
5. DMG Blockchain Solutions Invests in 2MW of AI Data-Center Gear
What happened:
DMG Blockchain Solutions Inc. has announced the acquisition of two megawatts of high-density GPU infrastructure, repurposed for both crypto-mining and AI-model training workloads. Housed in a new Quebec data center, the multi-use clusters will dynamically allocate capacity between proof-of-work operations and commercial AI clients—leveraging off-peak pricing to optimize ROI.
Why it matters:
The convergence of crypto-mining and AI training infrastructure underscores growing synergies between two of the most compute-hungry industries. By offering GPUs for rent during mining downtimes, DMG anticipates 30% higher utilization rates compared to mono-purpose facilities.
Opinion & Implications:
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Revenue Diversification: Dual-use data centers can hedge against crypto price swings and tap into booming AI-as-a-service demand.
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Energy Efficiency: High-efficiency GPUs paired with Quebec’s hydroelectric power may set new benchmarks for sustainable compute.
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Competitive Landscape: Other mining operators may follow suit, catalyzing a wave of AI-crypto hybrid hosting providers.
Source: GlobeNewswire – DMG AI Infrastructure Purchase
Conclusion
April 30, 2025, illuminated blockchain’s boundless dynamism: scalability breakthroughs at Telegram’s TON Factory; privacy versus immutability in the EU’s GDPR debate; mass-market gaming on Sui; legislative clarity from Capitol Hill; and the AI-crypto infrastructure nexus in Quebec. These stories reveal an industry simultaneously innovating at the protocol layer, grappling with regulation, and exploring cross-sector partnerships. For developers, investors, and policymakers alike, the imperative is clear: build resilient architectures that anticipate regulatory shifts, prioritize user experience, and harness synergies across emerging technologies. Stay tuned to Blocks & Headlines tomorrow for your next daily briefing on the pulse of blockchain’s evolving frontier.
The post Blocks & Headlines: Today in Blockchain – April 30, 2025 appeared first on News, Events, Advertising Options.
Following a series of successful global editions, DIFY is making a highly anticipated return to the innovation capital of the world — Dubai. The Dubai Blockchain Night 2025, organized by DIFY, took place on 29 April 2025, delivering an electrifying evening of networking, discovery, and gamified engagement right at the iconic doorstep of Palace Downtown.
We are proud to introduce our Title Sponsor – STIQY, the trusted growth and loyalty tool crafted for rising Web3 projects. Attendees experienced live interactive CTA campaigns powered by STIQY’s customizable, white-label solutions—designed to drive scalable engagement and long-term user retention.
Building on the momentum of past editions in Singapore, South Korea, Malaysia, Vietnam, Thailand and previous Dubai showcases, this year’s Dubai Blockchain Night featured a gamified experience where participants dive into real-time activation challenges onsite — gaining first-hand exposure to how STIQY’s dynamic tools operate.
Event Highlights:
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Title Sponsor: STIQY
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Co-hosts: EMERGE Group, DTC Group, 9 Cat Group
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Date: 29 April 2025
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Location: Palace Downtown
Sponsors include Verrefin, Rapidz, Sei and Avocado Guild.
Highly Curated Networking
The event brought together over 500 participants, including top Web3 stakeholders and decision-makers from the MENA and APAC regions. It served as an exclusive, invite-only gathering for founders, builders, venture capitalists, and media to connect and collaborate.
The post DIFY Announces Return to MENA with Dubai Blockchain Night 2025 appeared first on News, Events, Advertising Options.
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