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WonderFi Responds to Market Speculation

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Vancouver, British Columbia–(Newsfile Corp. – January 12, 2023) – WonderFi Technologies Inc. (TSX: WNDR) (OTCQB: WONDF) (WKN: A3C166) (“WonderFi” or the “Company“) has been made aware of press speculation involving a possible acquisition of the Company. In response to the press speculation, the Company acknowledges that it has held preliminary discussions with various third parties with respect to both potential acquisitions and the Company being acquired, which is consistent with past practice and the Company’s general acquisition strategy. These discussions are preliminary in nature and are ongoing, and no assurance can be given that any agreement or agreements will be reached, or that the terms of a transaction will be agreed upon or that a transaction will be completed. The Company does not intend to make further comment unless or until an agreement has been entered into and there is a transaction to announce.

This news release is being issued at the request of the Investment Industry Regulatory Organization of Canada (IIROC) in regard to recent market activity.

Additional Information

For additional information, please contact:

President and Interim-CEO
Dean Skurka
[email protected]

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Media/Investor Relations
Binu Koshy, Communications Director
[email protected]

ABOUT WONDERFI

WonderFi is a leading technology company with the mission of creating better, unified access to digital assets through centralized and decentralized platforms. WonderFi’s executive team and Board of Directors have an established track record in finance and crypto. WonderFi’s core team of engineers and technologists believe that everyone should have equal access to finance and are aligned in the mission to empower people around the world to access finance in a simple, smart and secure way. For more information, visit www.wonder.fi.

Forward-Looking Information and Statements

This news release contains “forward-looking information” and “forward-looking statements” (which we refer to collectively as forward-looking information) under the provisions of applicable securities legislation. All statements, other than statements of historical fact, are forward-looking information. Examples of forward-looking information in this news release include, among other things, statements related to: whether an agreement to complete a transaction will be entered into, the terms of any transaction, obtaining approvals required to complete a transaction, and whether a transaction will be consummated. Forward-looking information is based upon a number of factors and assumptions that, if untrue, could cause the actual results, performances or achievements of the Company to be materially different from future results, performances or achievements expressed or implied by such information. Such information reflects the Company’s current views with respect to future events and is necessarily based upon a number of assumptions that, while considered reasonable by the Company today, are inherently subject to significant uncertainties and contingencies. These assumptions include, among others, the ability to successfully negotiate and complete one or more transactions, the Company position in a competitive environment, and a stable and supportive legislative, regulatory and community environment, and general economic and market conditions.

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Forward-looking information also involve known and unknown risks that may cause actual results to differ materially from those presented in the forward-looking information. These risks, assumptions and other factors are set out in the Company’s management discussion analysis and most recent annual information form, copies of which are available on SEDAR at www.sedar.com.

Although the Company has attempted to identify important risks and assumptions, given the inherent uncertainties in such forward-looking information, there may be other factors that cause results to differ materially. Forward-looking information is made as of the date hereof and the Company does not intend, and expressly disclaims any obligation to, update or revise the forward-looking information contained in this news release, except as required by law. Accordingly, readers are cautioned not to place undue reliance on forward-looking information.

The Toronto Stock Exchange has not approved or disapproved of the information contained in this release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/151180

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Newsfile is a customer-focused newswire team that delivers press releases and corporate announcements to the global financial community. Approved by all stock exchanges, Newsfile offers broad access to media, analysts, investors and market participants. With agile services, proactive customer care and affordable pricing; Newsfile makes it easy for companies to tell their story to the audiences they need to reach.

Blockchain

Blocks & Headlines: Today in Blockchain – January 30, 2025 (Dogecoin, U.S. Army, DeepSeek, Web3)

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blocks-&-headlines:-today-in-blockchain-–-january-30,-2025-(dogecoin,-us.-army,-deepseek,-web3)

 

Introduction

The blockchain and cryptocurrency industry continues to evolve, with major advancements in institutional adoption, regulatory modernization, and innovative applications. Today’s roundup covers Dogecoin’s new blockchain strategy, the U.S. Army’s use of blockchain for tracking aid, notable blockchain startups, domain challenges for Web3 companies, the first AI blockchain agent, and Luxembourg’s legal updates for custody chains. Let’s break down the biggest headlines shaping the future of blockchain technology and decentralized finance.


Dogecoin Unveils Strategic Blockchain Movement

Expanding Beyond a Meme Coin

Dogecoin, often viewed as a lighthearted cryptocurrency, is making serious strides toward blockchain utility with a new strategic initiative aimed at expanding its use case beyond simple transactions. The Dogecoin Foundation has announced plans to integrate layer-2 solutions, smart contracts, and interoperability features, potentially positioning DOGE as a serious competitor in the decentralized finance (DeFi) space.

This move signals a shift in the perception of Dogecoin, which has long relied on community-driven momentum. With the new strategy, DOGE could become an integral part of the growing Web3 ecosystem.

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Source: Crypto Briefing


U.S. Army Utilizes Blockchain for Aid Tracking in Ukraine

Military Adopts Emerging Tech for Transparency

The U.S. Army is leveraging blockchain, big data, and generative AI to track billions of dollars in aid sent to Ukraine. This marks a significant step in blockchain’s adoption by governments and defense agencies to enhance transparency and prevent fraud.

By using blockchain for immutable record-keeping, military officials aim to improve logistics tracking, reduce inefficiencies, and ensure secure auditing of aid distribution. This could set a precedent for future government adoption of blockchain-based verification systems.

Source: Breaking Defense


10 Blockchain Startups to Watch in 2025

Innovation Driving the Next Wave of Web3

A new report highlights ten emerging blockchain startups poised to disrupt industries from finance to supply chain management. These companies are working on scalable smart contracts, decentralized identity solutions, and improved cross-chain interoperability.

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Among the standout names are startups focusing on privacy-preserving transactions, institutional DeFi tools, and real-world asset tokenization, reinforcing blockchain’s growing role in mainstream finance and enterprise adoption.

Source: Yahoo Finance


Web3 Companies Struggle with Domain Name Challenges

Decentralization vs. Traditional Domain Ownership

As blockchain companies push forward with Web3 adoption, many are encountering significant hurdles in securing relevant domain names. Unlike traditional domains governed by ICANN, blockchain-native domains such as .crypto and .eth exist outside standard regulatory frameworks, leading to disputes and accessibility issues.

Industry experts are calling for greater collaboration between blockchain projects and domain registrars to ensure seamless Web3 adoption while maintaining online accessibility for users.

Source: Domain Name Wire

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Klaus Agent Becomes the First Blockchain AI to Use Custom DeepSeek Model

AI and Blockchain Converge

The Klaus Agent, an AI-powered blockchain agent, has integrated the DeepSeek AI model to enhance decision-making, smart contract automation, and decentralized application (dApp) intelligence. This innovation represents a major step in merging artificial intelligence with blockchain networks, allowing for more sophisticated automation in DeFi, NFT trading, and DAO governance.

As AI and blockchain continue to converge, the potential for autonomous smart contract execution and predictive analytics is expected to grow, leading to more efficient decentralized systems.

Source: GlobeNewswire


Luxembourg Modernizes Custody Chain Laws for Blockchain

A Legal Framework for Tokenized Assets

Luxembourg, a key financial hub in Europe, has updated its custody chain regulations to accommodate blockchain-based assets. These changes are designed to facilitate institutional adoption of tokenized securities and digital asset custody solutions.

By providing a clear regulatory framework, Luxembourg aims to attract fintech firms, investment funds, and digital asset custodians, further strengthening its position as a leader in blockchain finance.

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Source: National Law Review


Conclusion

The latest blockchain developments underscore the rapid evolution of the industry, from Dogecoin’s strategic shift to military adoption of blockchain for transparency. As AI and blockchain begin to merge, and governments refine regulations, we are witnessing a pivotal moment in decentralized technology.

With institutional interest growing and regulatory frameworks taking shape, blockchain and Web3 technologies are moving closer to mainstream acceptance. Stay tuned for the next Blocks & Headlines briefing as we continue to track the most significant trends shaping the future of decentralized finance and digital assets.

 

The post Blocks & Headlines: Today in Blockchain – January 30, 2025 (Dogecoin, U.S. Army, DeepSeek, Web3) appeared first on News, Events, Advertising Options.

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Fintech as a Service Business Research Report 2025: Global Market to Reach $1.1 Trillion by 2030 from $387 Billion in 2024 – SMB Adoption of Fintech Services Spurs Market Expansion Opportunities

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Fintech as a Service (FaaS) Market

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Blockchain

From Apes to Humans: ApeChain Joins Humanity Protocol’s zkProofer Network to Scale Proof of Humanity

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Humanity Protocol, a leader in on-chain Proof of Humanity (PoH) and decentralized identity, is today announcing its partnership with ApeChain, the blockchain powering the ApeCoin ecosystem. ApeChain will join Humanity Protocol’s zkProofer network, a decentralized infrastructure for privacy-preserving identity verification. This partnership positions ApeChain at the forefront of integrating Sybil-resistant, human-centric identity solutions, enhancing governance, utility, and trust across the ApeCoin ecosystem.
Humanity Protocol has established itself as the leading identity layer for Web3 with over 2.5 million users onboarded during its testnet and an impending mainnet launch. Humanity Protocol leverages its Self-Sovereign Identity (SSI) framework and PoH technology to deliver unique human authentication for decentralized applications. zkProofers, key components of this framework, validate identities using zero-knowledge proofs, ensuring privacy while maintaining trust. As a zkProofer, ApeChain will play a pivotal role in scaling this identity network, enabling privacy-preserving verification for its users without compromising personal data.
ApeChain, the blockchain underpinning the vibrant ApeCoin ecosystem, supports decentralized applications across NFTs, DeFi, gaming, and governance. Its commitment to scalability, security, and interoperability makes it an ideal partner for Humanity Protocol. By integrating PoH and becoming part of the zkProofer network, ApeChain is elevating its ecosystem with innovative identity solutions designed to bridge the gap between the digital and physical worlds.
With Proof of Humanity, ApeDAO governance will benefit from greater transparency and fairness. Verified human identities tied to voting will prevent Sybil attacks and foster genuine community engagement while maintaining user privacy. This partnership addresses longstanding challenges in decentralized governance, enabling ApeDAO to operate more effectively and equitably.
Terence Kwok, Founder and CEO of Humanity Protocol said: “Partnering with ApeChain as a zkProofer is a significant milestone in advancing decentralized identity. Humanity Protocol’s Proof of Humanity framework will enhance governance, unlock new utility for NFTs, and create privacy-preserving experiences that bridge digital ownership with real-world interactions. This collaboration represents a shared commitment to building secure, human-centric systems that drive innovation in Web3.”
Waabam, ApeCoin Special Council Member and ApeChain Director, said: “This partnership with Humanity Protocol represents a pivotal step forward for the ApeCoin and ApeChain ecosystem. By joining Humanity Protocol’s zkProofer network and integrating its groundbreaking Proof of Humanity technology, we are enhancing not only the security and fairness of our governance processes but also unlocking new possibilities for utility and engagement across our ecosystem.”

The post From Apes to Humans: ApeChain Joins Humanity Protocol’s zkProofer Network to Scale Proof of Humanity appeared first on News, Events, Advertising Options.

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