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<?xml version="1.0" encoding="UTF-8"?><rss version="2.0" xmlns:content="http://purl.org/rss/1.0/modules/content/" xmlns:wfw="http://wellformedweb.org/CommentAPI/" xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:atom="http://www.w3.org/2005/Atom" xmlns:sy="http://purl.org/rss/1.0/modules/syndication/" xmlns:slash="http://purl.org/rss/1.0/modules/slash/" > <channel> <title>Born2Invest</title> <atom:link href="https://born2invest.com/feed/" rel="self" type="application/rss+xml" /> <link>https://born2invest.com</link> <description>Save. Invest. Prosper.</description> <lastBuildDate>Fri, 08 Dec 2023 10:17:13 +0000</lastBuildDate> <language>en-US</language> <sy:updatePeriod> hourly </sy:updatePeriod> <sy:updateFrequency> 1 </sy:updateFrequency> <generator>https://wordpress.org/?v=6.4.1</generator> <item> <title>Trusters and Leone Investments Finally Receive Approval Under EU Regulation</title> <link>https://born2invest.com/articles/eu-regulation-trusters-leone-investments/</link> <dc:creator><![CDATA[J. Frank Sigerson]]></dc:creator> <pubDate>Fri, 08 Dec 2023 15:30:00 +0000</pubDate> <category><![CDATA[Crowdfunding]]></category> <category><![CDATA[featured]]></category> <category><![CDATA[lending crowdfunding]]></category> <category><![CDATA[Leone Investments]]></category> <category><![CDATA[new European crowdfunding regulation]]></category> <category><![CDATA[Trusters]]></category> <guid isPermaLink="false">https://born2invest.com/?p=615072</guid> <description><![CDATA[After almost a month under the new EU Regulation, two platforms, including the historic Trusters launched in 2018 and the newer Leone Investments in 2022, join the list of authorized crowdfunding portals in Italy. The exclusive authorization condition, barring unauthorized platforms, impacts several Italian portals. As of November 10, real estate lending crowdfunding in Italy had raised €128 million.]]></description> <content:encoded><![CDATA[<p>After almost a month since the new EU Regulation came into force, the list of authorized platforms is enriched by two portals: a historic one, Trusters, the first to be launched in Italy at the end of 2018, and the more recent one, Leone Investments, launched in 2022.</p> <p>Recall that authorization is exclusive, that is, unauthorized platforms cannot operate, a condition in which many Italian portals of both equity <a href="https://born2invest.com/articles/mamacrowd-crowdfundme-first-campaigns/" target="_blank" aria-label=" (opens in a new tab)" rel="noreferrer noopener" class="ek-link">crowdfunding</a> and lending crowdfunding still find themselves.</p> <p>In fact, until yesterday, of the 17 real estate lending crowdfunding platforms active in 2023, only Rendimento Etico and Recrowd had been authorized to function under the new EU regulation.</p> <p>Recall that in 2023, as of November 10, real estate lending crowdfunding in Italy had raised €128 million, a 41 percent growth over the whole of 2022 and an average monthly collection of €11.6 million, which, as a result of the delay in authorizations, had completely zeroed out after November 10th.</p> <p>Read more about the new EU regulation on crowdfunding and find the most important <a href="https://play.google.com/store/apps/details?id=com.borntoinvest.borntoinvest&hl=en" target="_blank" aria-label=" (opens in a new tab)" rel="noreferrer noopener" class="ek-link">financial news</a> of the day with the Born2Invest mobile app.</p> <h3 class="wp-block-heading">Trusters receives authorization under new EU regulation</h3> <p>Trusters was the first Italian lending crowdfunding platform to enter the market. From December 2018 to date, the portal has raised €52 million for 315 projects.</p> <p>In 2022, Trusters was acquired by Crowdfundme, one of Italy’s leading crowdinvesting platforms (Equity Crowdfunding, Real Estate Crowdfunding and Corporate Debt) and is the first portal to have listed in the history of Piazza Affari in March 2019.</p> <p>Equity crowdfunding platform Crowdfundme was already authorized last November 10th, while Trusters, which had applied separately, was authorized last December 6th, almost a month later.</p> <p>Tommaso Baldissera Pacchetti, CEO and founder of Crowdfundme, said in a post on LinkedIn, “I admit I am very happy. It is a result that confirms the commitment and dedication of a team of colleagues with great professionalism and the trust that so many investors have placed in us. Now a new phase opens. As a CrowdFundMe group we have always thought big, and now the possibility of working across Europe opens very interesting doors for us.”</p> <figure class="wp-block-image size-full is-resized caption-align-center"><img fetchpriority="high" decoding="async" width="640" height="426" src="https://born2invest.com/wp-content/uploads/2023/12/banknotes-209104_640-1.jpg" alt="EU regulation" class="wp-image-615088" style="width:740px;height:auto" srcset="https://born2invest.com/wp-content/uploads/2023/12/banknotes-209104_640-1.jpg 640w, https://born2invest.com/wp-content/uploads/2023/12/banknotes-209104_640-1-300x200.jpg 300w, https://born2invest.com/wp-content/uploads/2023/12/banknotes-209104_640-1-100x67.jpg 100w, https://born2invest.com/wp-content/uploads/2023/12/banknotes-209104_640-1-272x182.jpg 272w" sizes="(max-width: 640px) 100vw, 640px" /><figcaption class="wp-element-caption"><em>After almost a month since the new EU Regulation came into force, the list of authorized platforms is enriched by two portals. <a aria-label=" (opens in a new tab)" href="https://pixabay.com/photos/banknotes-euro-paper-money-cash-209104/" target="_blank" rel="noreferrer noopener" class="ek-link">Source</a></em></figcaption></figure> <h3 class="wp-block-heading">Leone Investments also authorized under the new EU regulation</h3> <p>Leone Investments was founded by two young under-30s, Armando Perrone and Davide Cozzali, and two entrepreneurs, Leonardo Leone and Claudio Rossi.</p> <p>Since the first campaign in 2022, the platform has raised €5.7 million helping to finance 17 real estate projects.</p> <p>Leone Investments, which, like Trusters, had had to stop its activity when the November 10th deadline expired, finally obtained authorization last December 6th.</p> <p>__</p> <p><em>(Featured image by <a href="https://pixabay.com/photos/brussels-europe-flag-banner-4056171/" class="ek-link broken_link" target="_blank" rel="noopener">NakNakNak</a> via </em><a href="https://pixabay.com/service/license-summary/" target="_blank" rel="noreferrer noopener"><em>Pixabay</em></a><em>)</em></p> <p><em>DISCLAIMER: This article was written by a third party contributor and does not reflect the opinion of Born2Invest, its management, staff or its associates. Please review our </em><a href="https://born2invest.com/disclaimer-policy/"><em>disclaimer</em></a><em> for more information.</em></p> <p><em>This article may include forward-looking statements. These forward-looking statements generally are identified by the words “believe,” “project,” “estimate,” “become,” “plan,” “will,” and similar expressions. These forward-looking statements involve known and unknown risks as well as uncertainties, including those discussed in the following cautionary statements and elsewhere in this article and on this site. Although the Company may believe that its expectations are based on reasonable assumptions, the actual results that the Company may achieve may differ materially from any forward-looking statements, which reflect the opinions of the management of the Company only as of the date hereof. Additionally, please make sure to read these </em><a href="https://born2invest.com/disclaimer-policy/"><em>important disclosures</em></a><em>.</em></p> <p><em>First published in <a href="https://www.crowdfundingbuzz.it/trusters-e-leone-investments-ottengono-finalmente-lautorizzazione-ai-sensi-del-regolamento-ue/" class="ek-link" target="_blank" rel="noopener">Crowdfunding buzz</a>, a third-party contributor translated and adapted the article from the original. In case of discrepancy, the original will prevail.</em></p> <p><em>Although we made reasonable efforts to provide accurate translations, some parts may be incorrect. Born2Invest assumes no responsibility for errors, omissions or ambiguities in the translations provided on this website. Any person or entity relying on translated content does so at their own risk. Born2Invest is not responsible for losses caused by such reliance on the accuracy or reliability of translated information. If you wish to report an error or inaccuracy in the translation, we encourage you to contact us</em></p>]]></content:encoded> <imageurl>https://born2invest.com/wp-content/uploads/2023/12/brussels-4056171_1280-740x490.jpg</imageurl><photo_credit>(Featured image by NakNakNak via Pixabay)</photo_credit><tags>featured,lending crowdfunding,Leone Investments,new European crowdfunding regulation,Trusters</tags> </item> <item> <title>Coinbase Wallet Has a New Feature: Send Crypto via Web Link</title> <link>https://born2invest.com/articles/coinbase-wallet-send-crypto-via-web-link/</link> <dc:creator><![CDATA[Valerie Harrison]]></dc:creator> <pubDate>Fri, 08 Dec 2023 14:30:00 +0000</pubDate> <category><![CDATA[Crypto]]></category> <category><![CDATA[Coinbase]]></category> <category><![CDATA[Coinbase wallet]]></category> <category><![CDATA[crypto transactions]]></category> <category><![CDATA[featured]]></category> <category><![CDATA[web link]]></category> <guid isPermaLink="false">https://born2invest.com/?p=615056</guid> <description><![CDATA[The exciting part is actually in the small print: This is because Coinbase covers the fees for transactions via stablecoin USDC, according to support information also for Ethereum and Polygon. This really sets Coinbase Wallet "Send via Link" apart from other solutions. Coinbase's own layer 2 network Base is also used in the background, which avoids the otherwise high transaction fees.]]></description> <content:encoded><![CDATA[<p>Coinbase has added a new function to its wallet: From now on, you can transfer the stablecoin USDC to others via a simple web link. The link can also be sent via social networks.</p> <p>The wallet is certainly not the worst choice among software wallets, as private keys and seed phrases remain with you in this wallet. Anyone who uses Coinbase as their <a aria-label=" (opens in a new tab)" href="https://born2invest.com/articles/coinbase-increasingly-relies-on-solana/" target="_blank" rel="noreferrer noopener" class="ek-link">crypto exchange</a> of choice will therefore usually also have the wallet installed. Coinbase now wants to make its wallet more attractive with a new function called “Send via Link”. An official blog post explains how this works:</p> <p>Anyone who wants to initiate a transaction from their Coinbase wallet can now also select the “Send via Link” option there. A normal web link is then generated, which can be sent via any standard service from Facebook to SMS to TikTok or as an email. The recipient will then have the amount credited to their Coinbase wallet immediately when they click on the link. If they do not yet have a Coinbase wallet, they will first be directed to an uncomplicated installation and registration process. Most of you are probably already familiar with this principle from PayPal, Revolut or other financial service providers.</p> <p>Read more about the new feature of the wallet and find the most important <a href="https://play.google.com/store/apps/details?id=com.borntoinvest.borntoinvest&hl=en" target="_blank" aria-label=" (opens in a new tab)" rel="noreferrer noopener" class="ek-link">financial news</a> of the day with the Born2Invest mobile app.</p> <h3 class="wp-block-heading">The exciting part is actually in the small print: </h3> <p>This is because Coinbase covers the fees for transactions via stablecoin USDC, according to support information also for Ethereum (ETH) and Polygon (MATIC). This really sets Coinbase Wallet “Send via Link” apart from other solutions.</p> <p>USDC is the second most important global stablecoin, is pegged 1:1 to the US dollar and has proven to be reputable for years. Anyone who now uses Coinbase Wallet to send USDC internationally free of charge will not only save on bank fees. As Coinbase emphasizes: In more than 130 countries, the Coinbase Wallet supports fiat bridges to the respective national currencies, into which USDC can be exchanged without any problems.</p> <h3 class="wp-block-heading">Conclusion: Coinbase’s layer-2 strategy works for the wallet</h3> <p>Just a few days ago, Coinbase CEO Brian Armstrong announced the goal of making transactions in less than a second and for fees of less than 1 cent the standard. This is now a reality for the Coinbase wallet with USDC, MATIC and Ethereum. </p> <p>Incidentally, Coinbase’s own layer 2 network Base is also used in the background, which avoids the otherwise high transaction fees for Ethereum in particular. For Coinbase, “Send via Link” should also be useful for acquiring new customers if the service proves popular.</p> <p><em>__</em></p> <p><em>(Featured image by <a href="https://unsplash.com/photos/a-laptop-on-a-table-olru6x88cgI" class="ek-link" target="_blank" rel="noopener">PiggyBank</a> via <a href="https://unsplash.com/license" class="ek-link" target="_blank" rel="noopener">Unsplash</a>)</em></p> <p><em>DISCLAIMER: This article was written by a third party contributor and does not reflect the opinion of Born2Invest, its management, staff or its associates. Please review our </em><a href="https://born2invest.com/disclaimer-policy/" target="_blank" rel="noreferrer noopener"><em>disclaimer</em></a><em> for more information.</em></p> <p><em>This article may include forward-looking statements. These forward-looking statements generally are identified by the words “believe,” “project,” “estimate,” “become,” “plan,” “will,” and similar expressions. These forward-looking statements involve known and unknown risks as well as uncertainties, including those discussed in the following cautionary statements and elsewhere in this article and on this site. Although the Company may believe that its expectations are based on reasonable assumptions, the actual results that the Company may achieve may differ materially from any forward-looking statements, which reflect the opinions of the management of the Company only as of the date hereof. Additionally, please make sure to read these </em><a href="https://born2invest.com/disclaimer-policy/" target="_blank" rel="noreferrer noopener"><em>important disclosures</em></a><em>.</em></p> <p><em>First published in <a href="https://block-builders.de/coinbase-wallet-mit-neuem-feature-krypto-per-weblink-senden/" target="_blank" aria-label=" (opens in a new tab)" rel="noreferrer noopener" class="ek-link">BLOCK-BUILDERS.DE</a>. A third-party contributor translated and adapted the articles from the originals. In case of discrepancy, the originals will prevail.</em></p> <p><em>Although we made reasonable efforts to provide accurate translations, some parts may be incorrect. Born2Invest assumes no responsibility for errors, omissions or ambiguities in the translations provided on this website. Any person or entity relying on translated content does so at their own risk. Born2Invest is not responsible for losses caused by such reliance on the accuracy or reliability of translated information. If you wish to report an error or inaccuracy in the translation, we encourage you to contact us</em></p>]]></content:encoded> <imageurl>https://born2invest.com/wp-content/uploads/2023/12/piggybank-olru6x88cgI-unsplash-740x490.jpg</imageurl><photo_credit>(Featured image by PiggyBank via Unsplash)</photo_credit><tags>Coinbase,Coinbase wallet,crypto transactions,featured,web link</tags> </item> <item> <title>Sanofi Reaches an Agreement with Aqemia for $140 Million in Generative AI</title> <link>https://born2invest.com/articles/sanofi-agreement-aqemia-generative-ai/</link> <dc:creator><![CDATA[Eva Wesley]]></dc:creator> <pubDate>Fri, 08 Dec 2023 13:30:00 +0000</pubDate> <category><![CDATA[Biotech]]></category> <category><![CDATA[Aqemia]]></category> <category><![CDATA[featured]]></category> <category><![CDATA[Generative AI]]></category> <category><![CDATA[Sanofi]]></category> <category><![CDATA[therapeutic micromolecules]]></category> <guid isPermaLink="false">https://born2invest.com/?p=615033</guid> <description><![CDATA[Paris-based Aqemia will receive upfront and milestone payments under the deal that will be used to deepen R&D. In addition, it plans to double its workforce to one hundred workers within a year. Sanofi closed 2022 with a profit of €6.83 billion, which translates into an increase of 8.8% compared to 2021, according to the latest annual financial results published by the group.]]></description> <content:encoded><![CDATA[<p>Sanofi is committed to digitalization. The French <a href="https://born2invest.com/articles/aspen-pharmacare-sandozs-business-china/" target="_blank" aria-label=" (opens in a new tab)" rel="noreferrer noopener" class="ek-link">pharmaceutical company</a> has reached an agreement with the medical start-up Aqemia valued at $140 million (€129.5 million) to advance in artificial intelligence (AI) applied to health.</p> <p>Specifically, Sanofi will develop and research new therapeutic micromolecules through the use of generative AI and deep physics algorithms, as announced by the French pharmaceutical company in a statement.</p> <p>Unlike other AI-based platform technologies that require chemical experimental data to train before beginning the design phase, Aqemia will generate the data by performing calculations in-house.</p> <p>Read more about the partnership between Sanofi and Aqemia, and find the most important <a aria-label=" (opens in a new tab)" href="https://play.google.com/store/apps/details?id=com.borntoinvest.borntoinvest&hl=en" target="_blank" rel="noreferrer noopener" class="ek-link">business news</a> of the day with our companion app Born2Invest</p> <h3 class="wp-block-heading">Sanofi closed 2022 with a profit of €6.83 billion, 8.8% more than in 2021</h3> <p>“This new partnership with Aqemia is part of a story that began with our French teams three years ago,” highlighted the vice president of Sanofi’s French research and development (R&D), Jacques Volckmann. The manager, precisely, has echoed how during that period interest was shown in the methods applied by Aqemia.</p> <p>For his part, the CEO and co-founder of Aqemia, Maximilien Levesque, has been enthusiastic about the closed agreement. “This new step consists of expanding our experiences to multiple projects and helping Sanofi discover new chemical compounds on a large scale with our unique technology, even in difficult projects with limited chemical data up front and complex problems such as selectivity,” he explained. .</p> <p>Paris-based Aqemia will receive upfront and milestone payments under the deal that will be used to deepen R&D. In addition, it plans to double its workforce to one hundred workers within a year.</p> <p>Sanofi closed 2022 with a profit of €6.83 billion, which translates into an increase of 8.8% compared to 2021, according to the latest annual financial results published by the group.</p> <p>Sanofi’s revenue last year amounted to €42.99 billion, compared to €37.76 billion recorded in 2021, so the year-on-year increase is 13.9%. By business area, specialty care had a turnover of €16.45 billion, 29.1% more than in 2021. General medicines reported sales of €14.23 billion in 2022, which translates into an increase of 0.1%. The pharmaceutical area earned €30.7 billion in 2022, 13.8% higher than in 2021. The vaccines segment earned €7.23 billion, 14.3% more, while consumer healthcare had a turnover of €5.8 billion, 13.7% more.</p> <p>__</p> <p><em>(Featured image by <a href="https://pixabay.com/illustrations/artificial-intelligence-brain-think-3382507/" class="ek-link" target="_blank" rel="noopener">geralt</a> via <a href="https://pixabay.com/service/license-summary/" target="_blank" rel="noreferrer noopener" class="ek-link">Pixabay</a>)</em></p> <p><em>DISCLAIMER: This article was written by a third party contributor and does not reflect the opinion of Born2Invest, its management, staff or its associates. Please review our </em><a target="_blank" href="https://born2invest.com/disclaimer-policy/" rel="noreferrer noopener"><em>disclaimer</em></a><em> for more information.</em></p> <p><em>This article may include forward-looking statements. These forward-looking statements generally are identified by the words “believe,” “project,” “estimate,” “become,” “plan,” “will,” and similar expressions. These forward-looking statements involve known and unknown risks as well as uncertainties, including those discussed in the following cautionary statements and elsewhere in this article and on this site. Although the Company may believe that its expectations are based on reasonable assumptions, the actual results that the Company may achieve may differ materially from any forward-looking statements, which reflect the opinions of the management of the Company only as of the date hereof. Additionally, please make sure to read these </em><a target="_blank" href="https://born2invest.com/disclaimer-policy/" rel="noreferrer noopener"><em>important disclosures</em></a><em>.</em></p> <p><em>First published in <a href="https://www.plantadoce.com/empresa/sanofi-alcanza-un-acuerdo-con-aqemia-por-140-millones-en-materia-de-ia-generativa" class="ek-link" target="_blank" rel="noopener">PlantaDoce</a></em>.<em> A third-party contributor translated and adapted the article from the original. In case of discrepancy, the original will prevail.</em></p> <p><em>Although we made reasonable efforts to provide accurate translations, some parts may be incorrect. Born2Invest assumes no responsibility for errors, omissions or ambiguities in the translations provided on this website. Any person or entity relying on translated content does so at their own risk. Born2Invest is not responsible for losses caused by such reliance on the accuracy or reliability of translated information. If you wish to report an error or inaccuracy in the translation, we encourage you to contact us.</em></p>]]></content:encoded> <imageurl>https://born2invest.com/wp-content/uploads/2023/12/artificial-intelligence-3382507_1280-740x490.jpg</imageurl><photo_credit>(Featured image by geralt via Pixabay)</photo_credit><tags>Aqemia,featured,Generative AI,Sanofi,therapeutic micromolecules</tags> </item> <item> <title>Burkina Faso and the United Nations Review the Achievements of the Peacebuilding Fund</title> <link>https://born2invest.com/articles/peacebuilding-fund-burkina-united-nations/</link> <dc:creator><![CDATA[Helene Lindbergh]]></dc:creator> <pubDate>Fri, 08 Dec 2023 12:30:00 +0000</pubDate> <category><![CDATA[Africa]]></category> <category><![CDATA[Burkina Faso]]></category> <category><![CDATA[featured]]></category> <category><![CDATA[PBF projects]]></category> <category><![CDATA[peacebuilding fund]]></category> <category><![CDATA[United Nations]]></category> <guid isPermaLink="false">https://born2invest.com/?p=615008</guid> <description><![CDATA[Eligible since 2017, Burkina Faso has already benefited from the fund's support through the financing of various projects to the tune of over 31 billion FCFA. To date, the active portfolio of 13 projects amounts to more than 18 billion FCFA. The 2023 work plan, with a total budget of around 7 billion FCFA, has seen 58% physical execution and 66% financial execution as of November 15, 2023.]]></description> <content:encoded><![CDATA[<p>The second ordinary session of the year 2023 of the Joint Steering Committee (JSC) of the Projects of the <a href="https://born2invest.com/articles/burkina-faso-industry-week-innovation/" target="_blank" aria-label=" (opens in a new tab)" rel="noreferrer noopener" class="ek-link">Burkina Faso</a> Peacebuilding Fund (PBF) was held this Thursday, December 7th, 2023 in Ouagadougou. </p> <p>Co-chaired by the Minister in charge of the economy, represented by his chargé de mission, Adama Ilboudo, and the interim resident coordinator of the United Nations system in Burkina Faso, Alain Akpadji, the aim of this session is to assess the progress made in implementing the projects in the portfolio, and to examine and guide programming for 2024.</p> <p>Read more about the Peacebuilding Fund and find the most important <a href="https://play.google.com/store/apps/details?id=com.borntoinvest.borntoinvest&hl=en" target="_blank" aria-label=" (opens in a new tab)" rel="noreferrer noopener" class="ek-link">economic news</a> from around the world with the Born2Invest mobile app.</p> <h3 class="wp-block-heading">As part of its support for the Sahel Emergency Program in Burkina Faso (PUS-BF), Burkina has received financial backing from the Peacebuilding Fund (PBF) of the United Nations System (UNS) to implement projects</h3> <p>The PUS-BF has been implemented by the Burkina Faso government since 2017 with the aim of improving the security situation and reducing the vulnerability of the population in areas with high security challenges. It is also aligned with the transition priorities defined in the Action Plan for Stabilization and Development (PASD), which highlighted the need to accentuate not only the urgent security and humanitarian response, but also the building of the foundations for resilience and the recovery of affected populations through realistic and achievable actions.</p> <p>To ensure that these projects are properly implemented in the field and that objectives are met, in line with the fund’s operating guidelines, a strategic monitoring mechanism has been set up in the form of the Joint Steering Committee (CCO) for PBF projects, a body responsible for strategic guidance and decision-making. It is within the framework of this institutional monitoring mechanism that the present CCO session is being held.</p> <h3 class="wp-block-heading">The aim of this session is to take stock of the progress made in implementing the projects in the portfolio, and to examine and guide programming for 2024</h3> <p>Specifically, it will review the implementation status of Peacebuilding Fund portfolio projects as at December 31, 2023, examine the orientation of new PBF projects for the 2023 financial year, and examine the proposed revision of the composition of the Peacebuilding Fund portfolio CCO.</p> <p>The areas of intervention of PBF projects are mainly the improvement of trust between populations and the State, the strengthening of social resilience and the active participation of women and young people, the peaceful management of conflicts, the fight against radicalization and violent extremism, the reform of the security sector, national reconciliation, etc. </p> <p>Eligible since 2017, Burkina Faso has already benefited from the fund’s support through the financing of various projects to the tune of over 31 billion FCFA. To date, the active portfolio of 13 projects amounts to more than 18 billion FCFA. The 2023 work plan, with a total budget of around 7 billion FCFA, has seen 58% physical execution and 66% financial execution as of November 15, 2023. Burkina Faso’s eligibility for the Peacebuilding Fund has been extended to 2025.</p> <figure class="wp-block-image size-full is-resized caption-align-center"><img decoding="async" width="640" height="427" src="https://born2invest.com/wp-content/uploads/2023/12/money-2180330_640.jpg" alt="peacebuilding fund" class="wp-image-615024" style="width:740px;height:auto" srcset="https://born2invest.com/wp-content/uploads/2023/12/money-2180330_640.jpg 640w, https://born2invest.com/wp-content/uploads/2023/12/money-2180330_640-300x200.jpg 300w, https://born2invest.com/wp-content/uploads/2023/12/money-2180330_640-100x67.jpg 100w, https://born2invest.com/wp-content/uploads/2023/12/money-2180330_640-272x182.jpg 272w" sizes="(max-width: 640px) 100vw, 640px" /><figcaption class="wp-element-caption"><em>Burkina has received financial backing from the Peacebuilding Fund (PBF) of the United Nations System (UNS) to implement projects. <a aria-label=" (opens in a new tab)" href="https://pixabay.com/photos/money-coins-stack-stacked-coins-2180330/" target="_blank" rel="noreferrer noopener nofollow" class="ek-link">Source</a></em></figcaption></figure> <p>According to Alain Akpadji, interim resident coordinator of the United Nations system in Burkina Faso, despite a context dominated by security, humanitarian and socio-economic challenges, projects financed by the PBF have contributed to improving the working conditions of the FDS, thanks to the rehabilitation of 10 border posts, provided more than 10,000 people with access to drinking water thanks to 6 water points, offered more than 4,500 women and young people the opportunity to express themselves and participate in their communities through civic initiatives, raised awareness among millions of listeners through radio programs on social cohesion, etc.</p> <p>Alain Akpadji praised “the key role played by regional and provincial authorities, decentralized technical services and CSOs in overcoming certain challenges and continuing to implement projects based on a principle of flexibility and permanent consultation between all players.</p> <p>For the interim resident coordinator of the United Nations system, Burkina Faso will remain a priority country for Peacebuilding Fund, even if the global funding environment will inevitably lead to a reduction in PBF allocations to Burkina Faso in 2024. He reassures us that the United Nations as a whole will continue to support Burkina Faso’s efforts to achieve lasting peace.</p> <p>Adama Ilboudo, representing the Minister of the Economy at this session, indicated that the CCO’s orientations must be closely correlated with the transition’s current priorities, namely strengthening the economic resilience of the population, particularly young people and women, humanitarian support and support for the resettlement of local administrations following the operations to reconquer the territory undertaken by the Defense and Security Forces (FDS) and the Volunteers for the Defense of the Homeland (VDP).</p> <p>“For the transition authorities, this fund is very important, because it is strategically aligned with the transition priorities defined in the PASD. Then there are the actions that have been carried out this year alone. We have programmed 275 activities, 181 of which have been carried out for the benefit of populations in zones facing major security challenges”, explains Adama Ilboudo.</p> <p>On behalf of the Minister of the Economy, he expressed the government’s gratitude to all partners, particularly the agencies of the United Nations system in Burkina Faso, for the attention they pay to Burkina Faso in its daily quest for peace and social and economic development.</p> <p>__</p> <p><em>(Featured image by <a href="https://unsplash.com/photos/peace-neon-signage-e9IHjxScV48" class="ek-link" target="_blank" rel="noopener">Jonathan Meyer</a> via <a href="https://unsplash.com/license" class="ek-link" target="_blank" rel="noopener">Unsplash</a>)</em></p> <p><em>DISCLAIMER: This article was written by a third party contributor and does not reflect the opinion of Born2Invest, its management, staff or its associates. Please review our </em><a target="_blank" href="https://born2invest.com/disclaimer-policy/" rel="noreferrer noopener"><em>disclaimer</em></a><em> for more information.</em></p> <p><em>This article may include forward-looking statements. These forward-looking statements generally are identified by the words “believe,” “project,” “estimate,” “become,” “plan,” “will,” and similar expressions. These forward-looking statements involve known and unknown risks as well as uncertainties, including those discussed in the following cautionary statements and elsewhere in this article and on this site. Although the Company may believe that its expectations are based on reasonable assumptions, the actual results that the Company may achieve may differ materially from any forward-looking statements, which reflect the opinions of the management of the Company only as of the date hereof. Additionally, please make sure to read these </em><a target="_blank" href="https://born2invest.com/disclaimer-policy/" rel="noreferrer noopener"><em>important disclosures</em></a><em>.</em></p> <p><em>First published in <a href="https://lefaso.net/spip.php?article126333" class="ek-link" target="_blank" rel="noopener">lefaso.net</a>. A third-party contributor translated and adapted the article from the original. In case of discrepancy, the original will prevail.</em></p> <p><em>Although we made reasonable efforts to provide accurate translations, some parts may be incorrect. Born2Invest assumes no responsibility for errors, omissions or ambiguities in the translations provided on this website. Any person or entity relying on translated content does so at their own risk. Born2Invest is not responsible for losses caused by such reliance on the accuracy or reliability of translated information. If you wish to report an error or inaccuracy in the translation, we encourage you to contact us.</em></p>]]></content:encoded> <imageurl>https://born2invest.com/wp-content/uploads/2023/12/jonathan-meyer-e9IHjxScV48-unsplash-740x490.jpg</imageurl><photo_credit>(Featured image by Jonathan Meyer via Unsplash)</photo_credit><tags>Burkina Faso,featured,PBF projects,peacebuilding fund,United Nations</tags> </item> <item> <title>Malta Approves Three New Cannabis Clubs and Holds First Harm Reduction Training Sessions</title> <link>https://born2invest.com/articles/malta-cannabis-clubs-harm-reduction/</link> <dc:creator><![CDATA[Arturo Garcia]]></dc:creator> <pubDate>Thu, 07 Dec 2023 17:30:00 +0000</pubDate> <category><![CDATA[Cannabis]]></category> <category><![CDATA[featured]]></category> <category><![CDATA[Malta]]></category> <category><![CDATA[Malta cannabis clubs]]></category> <category><![CDATA[Malta cannabis consumption]]></category> <category><![CDATA[Malta cannabis licenses]]></category> <guid isPermaLink="false">https://born2invest.com/?p=614984</guid> <description><![CDATA[According to Malta's rules on cannabis clubs, only the societies listed on the ARUC website can grow and distribute cannabis to their members. The two-day program also addressed key operational aspects of ACHR and the importance of data collection for research purposes, paving the way for informed decision-making and future progress in cannabis regulation in Malta.]]></description> <content:encoded><![CDATA[<p>The Malta Authority for Responsible Use of Cannabis (ARUC) has issued three new licenses for cannabis-related harm reduction associations (CHRAs). With the approval of a total of five <a aria-label=" (opens in a new tab)" href="https://born2invest.com/articles/inti-developed-a-key-standard-for-the-cannabis-industry/" target="_blank" rel="noreferrer noopener" class="ek-link">cannabis</a> clubs, Sprawt, Northern Lights and NEGE join the KDD Society and Ta’ Zelli clubs, which were licensed in early November.</p> <p>Read more about the cannabis law in Malta and find the latest <a href="https://play.google.com/store/apps/details?id=im.hemp" target="_blank" aria-label=" (opens in a new tab)" rel="noreferrer noopener" class="ek-link">cannabis news</a> of the day with the Hemp.im mobile app.</p> <h3 class="wp-block-heading">According to Malta’s rules on cannabis clubs, only the societies listed on the ARUC website can grow and distribute cannabis to their members</h3> <p>Membership is limited to Maltese residents over the age of 18; a copy of ID must be provided as proof of age and residence.</p> <p>ARUC also announced that the first risk reduction training for licensed harm reduction associations and cannabis clubs is underway. The training, held on November 28 and 29, 2023, gave participants a better understanding of harm reduction practices and the key role these associations play in promoting responsible cannabis consumption.</p> <p>Tom Decorte of Ghent University and Karen Mamo of ARUC were among the speakers who explored the historical and operational aspects of risk and harm reduction approaches, LovinMalta reported. The speakers highlighted the complex relationship between public health and the regulation of non-medical cannabis use, noting the need to have tools tailored to different populations.</p> <figure class="wp-block-image size-full is-resized caption-align-center"><img decoding="async" width="640" height="427" src="https://born2invest.com/wp-content/uploads/2023/12/woman-5870185_640.jpg" alt="Malta" class="wp-image-614996" style="width:709px;height:auto" srcset="https://born2invest.com/wp-content/uploads/2023/12/woman-5870185_640.jpg 640w, https://born2invest.com/wp-content/uploads/2023/12/woman-5870185_640-300x200.jpg 300w, https://born2invest.com/wp-content/uploads/2023/12/woman-5870185_640-100x67.jpg 100w, https://born2invest.com/wp-content/uploads/2023/12/woman-5870185_640-272x182.jpg 272w" sizes="(max-width: 640px) 100vw, 640px" /><figcaption class="wp-element-caption"><a href="https://pixabay.com/photos/woman-smile-marijuana-hemp-5870185/" target="_blank" aria-label=" (opens in a new tab)" rel="noreferrer noopener" class="ek-link">Source</a></figcaption></figure> <p>Drawing on international experiences from Belgium, Spain, the United States and Uruguay, speakers stressed the importance of maintaining the “social” aspect of harm reduction as a protective factor against the potential dangers of cannabis consumption.</p> <p>Leonid McKay, chairman of the Malta Authority for the Responsible Use of Cannabis (ACHR), spoke about the key role that Harm Reduction Associations (ARUCs) will play in the coming months as active agents of positive change. He welcomed the involvement of cannabis clubs in promoting risk and harm reduction approaches and ARUC’s support for evidence-based research protocols and educational campaigns on responsible cannabis use.</p> <p>The two-day program also addressed key operational aspects of ACHR and the importance of data collection for research purposes, paving the way for informed decision-making and future progress in cannabis regulation in Malta.</p> <p>__</p> <p><em>(Featured image by <a label=" (opens in a new tab)" href="https://pixabay.com/photos/malta-architecture-outside-water-292181/" target="_blank" rel="noreferrer noopener" class="ek-link broken_link">Michelle_Raponi</a> via <a href="https://pixabay.com/service/license-summary/" class="ek-link" target="_blank" rel="noopener">Pixabay</a>)</em></p> <p><em>DISCLAIMER: This article was written by a third party contributor and does not reflect the opinion of Born2Invest, its management, staff or its associates. Please review our </em><a href="https://born2invest.com/disclaimer-policy/" target="_blank" rel="noreferrer noopener"><em>disclaimer</em></a><em> for more information.</em></p> <p><em>This article may include forward-looking statements. These forward-looking statements generally are identified by the words “believe,” “project,” “estimate,” “become,” “plan,” “will,” and similar expressions. These forward-looking statements involve known and unknown risks as well as uncertainties, including those discussed in the following cautionary statements and elsewhere in this article and on this site. Although the Company may believe that its expectations are based on reasonable assumptions, the actual results that the Company may achieve may differ materially from any forward-looking statements, which reflect the opinions of the management of the Company only as of the date hereof. Additionally, please make sure to read these </em><a href="https://born2invest.com/disclaimer-policy/" target="_blank" rel="noreferrer noopener"><em>important disclosures</em></a><em>.</em></p> <p><em>First published in <a href="https://faktykonopne.pl/malta-zatwierdza-3-nowe-kluby-konopne-i-organizuje-pierwsze-sesje-szkoleniowe-dotyczace-redukcji-szkod/" target="_blank" aria-label=" (opens in a new tab)" rel="noreferrer noopener" class="ek-link">Fakty Konopne</a></em>.<em> A third-party contributor translated and adapted the article from the original. In case of discrepancy, the original will prevail.</em></p> <p><em>Although we made reasonable efforts to provide accurate translations, some parts may be incorrect. Born2Invest assumes no responsibility for errors, omissions or ambiguities in the translations provided on this website. Any person or entity relying on translated content does so at their own risk. Born2Invest is not responsible for losses caused by such reliance on the accuracy or reliability of translated information. If you wish to report an error or inaccuracy in the translation, we encourage you to contact us.</em></p>]]></content:encoded> <imageurl>https://born2invest.com/wp-content/uploads/2023/12/malta-292181_1280-740x490.jpg</imageurl><photo_credit>(Featured image by Michelle_Raponi via Pixabay)</photo_credit><tags>featured,Malta,Malta cannabis clubs,Malta cannabis consumption,Malta cannabis licenses</tags> </item> <item> <title>Of the 346 Fintech Companies in Colombia, 35.6% Focus on the Digital Credit Market</title> <link>https://born2invest.com/articles/digital-credit-fintech-companies-colombia/</link> <dc:creator><![CDATA[Sharon Harris]]></dc:creator> <pubDate>Thu, 07 Dec 2023 16:00:00 +0000</pubDate> <category><![CDATA[Fintech]]></category> <category><![CDATA[Colombian fintech companies]]></category> <category><![CDATA[digital credit]]></category> <category><![CDATA[digital loans]]></category> <category><![CDATA[featured]]></category> <guid isPermaLink="false">https://born2invest.com/?p=614959</guid> <description><![CDATA[Most of the fintech companies in Colombia, 35.6% of the total, are dedicated to granting digital loans. There are also fintech companies engaged in other activities such as Regtech (7.2%), PFM & Wealthtech (6%), crowdfunding (2.8%), Neobanks (2.8%) and Insuretech (1.6%). These figures are supported by data from Credicorp's latest Financial Inclusion report.]]></description> <content:encoded><![CDATA[<p>Colombia Fintech, the association that brings together these financial technology companies, revealed data from the most recent of its study entitled “Fintech Snapshot 2023-2”. According to the report, as of July 2023, there were 346 <a href="https://born2invest.com/articles/colombia-fintech-companies-26000-jobs/" target="_blank" aria-label=" (opens in a new tab)" rel="noreferrer noopener" class="ek-link">fintech companies in Colombia</a> classified in nine different verticals.</p> <p>Read more about the fintech companies in Colombia and why they focus on digital credit, and find the latest <a href="https://play.google.com/store/apps/details?id=com.borntoinvest.borntoinvest&hl=en" target="_blank" aria-label=" (opens in a new tab)" rel="noreferrer noopener" class="ek-link">financial news</a> of the day with the Born2Invest mobile app.</p> <h3 class="wp-block-heading">Most of them, 35.6% of the total, are dedicated to granting digital loans</h3> <p> “This indicates that digital financial solutions related to credit are in high demand and have a significant impact on the fintech market,” according to the study.</p> <p>Edwin Zacipa, founder of Latam Fintech Hub, said that there is increasing acceptance in society of electronic payments: “There are about 63 paytech companies in the local market, which represents 20% of the fintech companies.”</p> <p>In second place is the Digital Payments vertical with a 28.8% share, which shows, according to the study, that there is a growing adoption of digital payment methods in the financial industry.</p> <p>These figures are supported by data from Credicorp’s latest Financial Inclusion report, which indicates that 46% of Colombians use digital wallets to make payments.</p> <p>“Colombia has a young ecosystem of companies that generate more than 26,000 jobs and deserves to be recognized in the regulatory scenario at national and local level.” said Gabriel Santos, President of Colombia Fintech.</p> <p>In third place, although with a more modest presence in contrast to the first two verticals, are companies oriented to Enterprise Finance and cryptoassets & Blockchain, both with a 7.6% share.</p> <figure class="wp-block-image size-full is-resized caption-align-center"><img loading="lazy" decoding="async" width="640" height="363" src="https://born2invest.com/wp-content/uploads/2023/12/money-2696238_640.jpg" alt="digital loans" class="wp-image-614971" style="width:730px;height:auto" srcset="https://born2invest.com/wp-content/uploads/2023/12/money-2696238_640.jpg 640w, https://born2invest.com/wp-content/uploads/2023/12/money-2696238_640-300x170.jpg 300w, https://born2invest.com/wp-content/uploads/2023/12/money-2696238_640-100x57.jpg 100w" sizes="(max-width: 640px) 100vw, 640px" /><figcaption class="wp-element-caption"><em>Most of the fintech companies in Colombia, 35.6% of the total, are dedicated to granting digital loans. <a aria-label=" (opens in a new tab)" href="https://pixabay.com/photos/money-finance-business-success-2696238/" target="_blank" rel="noreferrer noopener" class="ek-link">Source</a></em></figcaption></figure> <h3 class="wp-block-heading">There are also fintech companies engaged in other activities such as Regtech (7.2%), PFM & Wealthtech (6%), crowdfunding (2.8%), Neobanks (2.8%) and Insuretech (1.6%)</h3> <p>On the other hand, the report notes that the fintech sector generates around 26,000 jobs. “Colombia has a young ecosystem of highly innovative companies that are generating more than 26,000 jobs and that deserves to be recognized in the regulatory scenario at the national and local level. We hope that both those who got themselves elected in the past elections, as well as the National Government, based on this report, will help us to continue boosting the ecosystem, with better regulation, which will allow us to continue growing,” said Gabriel Santos, president of Colombia Fintech.</p> <p>The report provides other relevant data, such as that around 45% of fintech companies with between 20 and 249 employees have been in the Colombian market for six to 20 years. On the other hand, 46.4% of fintech companies invest more than 30% of their operating income in technological capital.</p> <p>Likewise, 28.6% are financed with their own resources (Bootstrapping). The analysis of the investment rounds in which Colombian fintech companies are involved reveals a diversity in the sources of financing and stages of development.</p> <p>In addition, 63% of the country’s fintech comapnies are micro-enterprises; half of them are nascent, i.e., they are between one and five years old; 95% are less than 20 years old; and finally, their distribution in Colombia reflects a strong concentration in Bogota.</p> <p>__</p> <p><em>(Featured image by <a href="https://pixabay.com/photos/hand-type-keyboard-money-finance-2722107/" class="ek-link" target="_blank" rel="noopener">nattanan23</a> via <a href="https://pixabay.com/service/license-summary/" class="ek-link" target="_blank" rel="noopener">Pixabay</a>)</em></p> <p><em>DISCLAIMER: This article was written by a third party contributor and does not reflect the opinion of Born2Invest, its management, staff or its associates. Please review our </em><a target="_blank" href="https://born2invest.com/disclaimer-policy/" rel="noreferrer noopener"><em>disclaimer</em></a><em> for more information.</em></p> <p><em>This article may include forward-looking statements. These forward-looking statements generally are identified by the words “believe,” “project,” “estimate,” “become,” “plan,” “will,” and similar expressions. These forward-looking statements involve known and unknown risks as well as uncertainties, including those discussed in the following cautionary statements and elsewhere in this article and on this site. Although the Company may believe that its expectations are based on reasonable assumptions, the actual results that the Company may achieve may differ materially from any forward-looking statements, which reflect the opinions of the management of the Company only as of the date hereof. Additionally, please make sure to read these </em><a target="_blank" href="https://born2invest.com/disclaimer-policy/" rel="noreferrer noopener"><em>important disclosures</em></a><em>.</em></p> <p><em>First published in <a href="https://www.larepublica.co/finanzas/de-las-346-fintech-que-hay-en-colombia-35-6-se-dedica-a-ofrecer-credito-digital-3761538" target="_blank" aria-label=" (opens in a new tab)" rel="noreferrer noopener" class="ek-link">LR LA REPUBLICA</a></em>.<em> A third-party contributor translated and adapted the article from the original. In case of discrepancy, the original will prevail.</em></p> <p><em>Although we made reasonable efforts to provide accurate translations, some parts may be incorrect. Born2Invest assumes no responsibility for errors, omissions or ambiguities in the translations provided on this website. Any person or entity relying on translated content does so at their own risk. Born2Invest is not responsible for losses caused by such reliance on the accuracy or reliability of translated information. If you wish to report an error or inaccuracy in the translation, we encourage you to contact us.</em></p>]]></content:encoded> <imageurl>https://born2invest.com/wp-content/uploads/2023/12/hand-2722107_1280-740x490.jpg</imageurl><photo_credit>(Featured image by nattanan23 via Pixabay)</photo_credit><tags>Colombian fintech companies,digital credit,digital loans,featured</tags> </item> <item> <title>LUNC Capitalization Exceeds $1 billion – How High Will the Price Go?</title> <link>https://born2invest.com/articles/lunc-capitalization-exceeds-1-billion/</link> <dc:creator><![CDATA[Valerie Harrison]]></dc:creator> <pubDate>Thu, 07 Dec 2023 15:00:00 +0000</pubDate> <category><![CDATA[Crypto]]></category> <category><![CDATA[Binance]]></category> <category><![CDATA[Do-Kwon]]></category> <category><![CDATA[featured]]></category> <category><![CDATA[LUNC]]></category> <category><![CDATA[Terra Classic]]></category> <guid isPermaLink="false">https://born2invest.com/?p=614939</guid> <description><![CDATA[Terra was designed to power an ecosystem of stablecoins, with the goal of creating more accessible and efficient blockchain applications. The main function of Terra Classic is to maintain the value of the USTC stablecoin, another crypto in the Terra ecosystem. LUNC also functions as a multi-chain digital asset, integrated into several major blockchains such as Ethereum, Polygon, Solana and the BNB Chain.]]></description> <content:encoded><![CDATA[<p>After having been subject to controversy for a long time, the LUNC crypto is gradually regaining the heart of the crypto-sphere. For almost two months, the <a href="https://born2invest.com/articles/bitcoin-price-rise-affects-planets-water/" target="_blank" aria-label=" (opens in a new tab)" rel="noreferrer noopener" class="ek-link">cryptocurrency</a> has continued to achieve performances that we have not seen since 2022. But how far will it go?</p> <p>Read more on the subject and find the most important <a href="https://play.google.com/store/apps/details?id=com.borntoinvest.borntoinvest&hl=en" target="_blank" aria-label=" (opens in a new tab)" rel="noreferrer noopener" class="ek-link">economic news</a> from around the world with the Born2Invest mobile app.</p> <h2 class="wp-block-heading" id="lunc_a_quoi_sert_la_crypto">LUNC: what is this crypto used for?</h2> <p>Terra Classic (LUNC) , formerly known as Terra ( LUNA ) is the native cryptocurrency of the Terra blockchain which collapsed in mid-2022. As a reminder, the latter was co-founded by Do-Kwon,a former South Korean businessman and software engineer.</p> <p>Terra was designed to power an ecosystem of stablecoins, with the goal of creating more accessible and efficient blockchain applications.</p> <p>The main function of Terra Classic is to maintain the value of the USTC stablecoin, another crypto in the Terra ecosystem. LUNC also functions as a multi-chain digital asset, integrated into several major blockchains such as Ethereum, Polygon, Solana and the BNB Chain.</p> <p>Additionally, one of the most distinctive aspects of the Terra Classic is its open, community-based nature. In fact, LUNC holders can participate in decisions that concern updates and changes to the Terra network. Likewise, like all other cryptos, LUNC can be staked in order to participate in the validation of transactions on the blockchain.</p> <h3 class="wp-block-heading" id="la_recente_hausse_du_lunc_sur_les_marches">The recent rise in LUNC on the markets</h3> <p>Terra Classic (LUNC) is once again attracting investor interest. During the month of November alone, the crypto came away with an increase of more than 200% in its value. This rise can be attributed to several key factors, among which Binance’s influence plays a leading role.</p> <p>Binance, as one of the largest crypto exchanges in the world, announced on December 6 the introduction of new trading pairs for LUNC. This stimulated market interest, contributing to a rapid increase in its price. This move by Binance not only expanded access and liquidity for LUNC, but also served as validation for crypto in a competitive market.</p> <p>Another crucial element in this rise was Binance’s decision to decommission a significant amount of LUNC tokens. This process of “burning” cryptos, reducing the total supply of LUNC in circulation, had a positive effect on the value of the currency. By decreasing supply while maintaining or increasing demand, the price of LUNC naturally increased.</p> <p>As I write this, the crypto market cap is estimated at around $1.30 billion . Over the past 7 days, LUNC has seen an increase of around 86% and is currently trading around $0.0002201.</p> <h3 class="wp-block-heading" id="que_faut-il_donc_esperer_dans_le_futur_pour_cette_crypto">So what should we hope for in the future for this crypto?</h3> <p>Given the current hype prevailing on the markets, everything suggests that crypto is in a good position and could well continue its momentum. According to forecasts from Bitcoin Wisdom , on average, the crypto could easily close the year around $0.00033 .</p> <p>But for Price Prediction, LUNC can get away with a best-case scenario of around $0.000257 at the end of this year. Likewise, current project managers are increasingly optimistic about the future of the LUNC crypto. As we learn from Bein Crypto, Terraform Labs recently invested around $15 million in certain projects in the Terra Classic ecosystem .</p> <p>This influx of funds aims to bring enough liquidity into the Terra ecosystem. Thus, this will enable users to purchase and trade quality assets and encourage developers to create innovative and successful DeFi applications.</p> <p>However, with this increase, the LUNC community, the Luna Classic Community on X, also wants to be vigilant. Indeed, in a recent post published on her page, she advised her members to also take profits during this rise in LUNC!</p> <h3 class="wp-block-heading" id="mais_ou_est_do_kwon_est-il_en_prison">But where is Do Kwon? Is he in prison?</h3> <p>After Terra’s collapse, its co-founder Do-Kwon was widely criticized for his handling of the crisis. American justice accuses him of having misled investors about the stability and security of the cryptos Terra (current LUNC) and TerraUSD (current USTC).</p> <p>Before we learned of the collapse of his company, Do-Kwon had already left South Korea, then Singapore in 2022. Even if he was able to escape the Korean authorities for a certain time, it was in Montenegro that we was finally able to get her hands on him. He is currently in the hands of Montenegrin justice and awaiting extradition to the USA where he will be tried.</p> <p><em>__</em></p> <p><em>(Featured image by <a href="https://pixabay.com/photos/stock-trading-investing-stock-market-6525084/" class="ek-link" target="_blank" rel="noopener">sergeitokmakov</a> via <a href="https://pixabay.com/service/license-summary/" target="_blank" rel="noreferrer noopener">Pixabay</a>)</em></p> <p><em>DISCLAIMER: This article was written by a third party contributor and does not reflect the opinion of Born2Invest, its management, staff or its associates. Please review our </em><a href="https://born2invest.com/disclaimer-policy/" target="_blank" rel="noreferrer noopener"><em>disclaimer</em></a><em> for more information.</em></p> <p><em>This article may include forward-looking statements. These forward-looking statements generally are identified by the words “believe,” “project,” “estimate,” “become,” “plan,” “will,” and similar expressions. These forward-looking statements involve known and unknown risks as well as uncertainties, including those discussed in the following cautionary statements and elsewhere in this article and on this site. Although the Company may believe that its expectations are based on reasonable assumptions, the actual results that the Company may achieve may differ materially from any forward-looking statements, which reflect the opinions of the management of the Company only as of the date hereof. Additionally, please make sure to read these </em><a href="https://born2invest.com/disclaimer-policy/" target="_blank" rel="noreferrer noopener"><em>important disclosures</em></a><em>.</em></p> <p><em>First published in <a href="https://actufinance.fr/actu/prediction-crypto-la-capitalisation-du-lunc-depasse-le-milliard-de-dollars-jusquou-ca-va-monter/" class="ek-link" target="_blank" rel="noopener">ActuFINANCE</a>. A third-party contributor translated and adapted the articles from the originals. In case of discrepancy, the originals will prevail.</em></p> <p><em>Although we made reasonable efforts to provide accurate translations, some parts may be incorrect. Born2Invest assumes no responsibility for errors, omissions or ambiguities in the translations provided on this website. Any person or entity relying on translated content does so at their own risk. Born2Invest is not responsible for losses caused by such reliance on the accuracy or reliability of translated information. If you wish to report an error or inaccuracy in the translation, we encourage you to contact us</em></p>]]></content:encoded> <imageurl>https://born2invest.com/wp-content/uploads/2023/12/stock-trading-6525084_1280-740x490.jpg</imageurl><photo_credit>(Featured image by sergeitokmakov via Pixabay)</photo_credit><tags>Binance,Do-Kwon,featured,LUNC,Terra Classic</tags> </item> <item> <title>Aspen Pharmacare Buys Sandoz’s Business in China for Over €90 Million</title> <link>https://born2invest.com/articles/aspen-pharmacare-sandozs-business-china/</link> <dc:creator><![CDATA[Michael Jermaine Cards]]></dc:creator> <pubDate>Thu, 07 Dec 2023 14:00:00 +0000</pubDate> <category><![CDATA[Biotech]]></category> <category><![CDATA[Aspen Pharmacare]]></category> <category><![CDATA[featured]]></category> <category><![CDATA[Sandoz]]></category> <category><![CDATA[Sandoz Chinese business]]></category> <guid isPermaLink="false">https://born2invest.com/?p=614920</guid> <description><![CDATA[With a history of 170 years, Aspen is a multinational pharmaceutical company with a presence in both emerging and developed markets. It has approximately 9,100 employees, 23 manufacturing facilities in fifteen countries, on six continents. With this acquisition of the Swiss group, the South African pharmaceutical company will acquire the marketing rights and intellectual property of several products.]]></description> <content:encoded><![CDATA[<p>Aspen continues to expand its business. The South African <a href="https://born2invest.com/articles/roche-e2-8-billion-carmot-therapeutics/" target="_blank" aria-label=" (opens in a new tab)" rel="noreferrer noopener" class="ek-link">pharmaceutical company</a> has announced the purchase of the Chinese business of the Swiss group Sandoz, for which it is willing to pay up to $100.6 million (€92.6 million) , according to the company statement.</p> <p>Of the more than €92 million, a total of €18.5 million will vary depending on the sales performance of the product portfolio that Sandoz will launch in the short and medium term.</p> <p>With this acquisition of the Swiss group, the South African pharmaceutical company will acquire the marketing rights and intellectual property of several products in development and established such as Sandostatin, Voriconazole and Aclasta.</p> <p>On the other hand, the company’s subsidiary, Aspen Global Incorporated, will sell for €55.5 million, of which €9.3 million will depend on the performance of the sales of its products, the marketing rights and the intellectual property of four anesthetics, which the South African company currently sells in the European economic area to Sandoz.</p> <p>Read more about the acquisition of Sandoz’s Chinese business by Aspen, and find the latest <a href="https://play.google.com/store/apps/details?id=com.borntoinvest.borntoinvest&hl=en" target="_blank" aria-label=" (opens in a new tab)" rel="noreferrer noopener" class="ek-link">financial news</a> of the day with our companion app Born2Invest.</p> <h3 class="wp-block-heading">This acquisition “provides the opportunity to add approximately €88.4 million annual sales to the Aspen Group”</h3> <p>Aspen CEO Stephen Saad said: “The acquisition represents an attractive opportunity for Aspen to take an important step in increasing our presence in China; “Sandoz’s product portfolio, pipeline, well-established infrastructure and experienced team will expand Aspen’s footprint and capabilities in the world’s second largest pharmaceutical market and further strengthen our foundation for future growth in Asia.”</p> <p>This acquisition, “provides the opportunity to add approximately €88.4 million of annual sales to the Aspen Group, while sales of anesthetic products during our financial year ending June 30, 2023 were approximately €13.7 million,” according to the company statement.</p> <p>With a history of 170 years, Aspen is a multinational pharmaceutical company with a presence in both emerging and developed markets. It has approximately 9,100 employees, 23 manufacturing facilities in fifteen countries, on six continents. They work to improve the health of patients in more than 115 countries through their products. For the past 25 years the company has been listed on the JSE Limited.</p> <p>__</p> <p><em>(Featured image by <a href="https://unsplash.com/photos/woman-in-white-dress-shirt-and-black-pants-standing-near-brown-wooden-shelf-fTQHPb6r4wQ" class="ek-link" target="_blank" rel="noopener">National Cancer Institute</a> via <a href="https://unsplash.com/license" class="ek-link" target="_blank" rel="noopener">Unsplash</a>)</em></p> <p><em>DISCLAIMER: This article was written by a third party contributor and does not reflect the opinion of Born2Invest, its management, staff or its associates. Please review our </em><a href="https://born2invest.com/disclaimer-policy/" target="_blank" rel="noreferrer noopener"><em>disclaimer</em></a><em> for more information.</em></p> <p><em>This article may include forward-looking statements. These forward-looking statements generally are identified by the words “believe,” “project,” “estimate,” “become,” “plan,” “will,” and similar expressions. These forward-looking statements involve known and unknown risks as well as uncertainties, including those discussed in the following cautionary statements and elsewhere in this article and on this site. Although the Company may believe that its expectations are based on reasonable assumptions, the actual results that the Company may achieve may differ materially from any forward-looking statements, which reflect the opinions of the management of the Company only as of the date hereof. Additionally, please make sure to read these </em><a href="https://born2invest.com/disclaimer-policy/" target="_blank" rel="noreferrer noopener"><em>important disclosures</em></a><em>.</em></p> <p><em>First published in <a href="https://www.plantadoce.com/empresa/httpswwwplantadocecomaspen-pharmacare-compra-por-mas-de-90-millones-de-euros-el-negocio-de-sandoz-en-china" target="_blank" aria-label=" (opens in a new tab)" rel="noreferrer noopener" class="ek-link">PlantaDoce</a></em>.<em> A third-party contributor translated and adapted the article from the original. In case of discrepancy, the original will prevail.</em></p> <p><em>Although we made reasonable efforts to provide accurate translations, some parts may be incorrect. Born2Invest assumes no responsibility for errors, omissions or ambiguities in the translations provided on this website. Any person or entity relying on translated content does so at their own risk. Born2Invest is not responsible for losses caused by such reliance on the accuracy or reliability of translated information. If you wish to report an error or inaccuracy in the translation, we encourage you to contact us</em></p>]]></content:encoded> <imageurl>https://born2invest.com/wp-content/uploads/2023/12/national-cancer-institute-fTQHPb6r4wQ-unsplash-740x490.jpg</imageurl><photo_credit>(Featured image by National Cancer Institute via Unsplash)</photo_credit><tags>Aspen Pharmacare,featured,Sandoz,Sandoz Chinese business</tags> </item> <item> <title>Vortex Fights Food Waste in Italy</title> <link>https://born2invest.com/articles/vortex-fights-food-waste-italy/</link> <dc:creator><![CDATA[J. Frank Sigerson]]></dc:creator> <pubDate>Thu, 07 Dec 2023 13:00:00 +0000</pubDate> <category><![CDATA[Impact Investing]]></category> <category><![CDATA[agri-food by-products]]></category> <category><![CDATA[featured]]></category> <category><![CDATA[food waste]]></category> <category><![CDATA[RedZone]]></category> <category><![CDATA[Vortex]]></category> <guid isPermaLink="false">https://born2invest.com/?p=614899</guid> <description><![CDATA[Throwing away food causes a loss of over 22.8 billion euros. Vortex, a company that gives a second life to agri-food waste, is among the winners of the SAES startup acceleration program. Within RedZone, Vortex will have the possibility of introducing an extract (an active ingredient) coming from the ennoblement of waste from the agri-food industry into capsules made with biological materials.]]></description> <content:encoded><![CDATA[<p>Every Italian wastes 146 kilos of food in a year for an economic value corresponding to €385. Overall, between domestic and industrial waste, 8.65 million tons of food end up wasted per year for an economic value of €22.8 billion. So how can we combat <a href="https://born2invest.com/articles/biova-project-food-waste-crowdfunding/" target="_blank" aria-label=" (opens in a new tab)" rel="noreferrer noopener" class="ek-link">waste in agri-food production</a>? Giving us an answer is Vortex, the startup which, born with the dream of making cosmetics accessible to everyone in a natural, sustainable and circular way, gives a second life to the by-products of the agri-food chain.</p> <p>The Turin startup is among the winners of the first call RedZone, a technological development program for startups operating in the field of materials science. The heart of its offer are the Open Labs, laboratory and industrial spaces made available by SAES, an Italian company with 80 years of history in advanced materials behind it, where startups can develop, characterize and scale innovative solutions with the support of technicians and company researchers.</p> <p>If you want to find what is Vortex’s development plan and RedZone’s future projects and to read the most important <a href="https://play.google.com/store/apps/details?id=com.borntoinvest.borntoinvest&hl=en" target="_blank" aria-label=" (opens in a new tab)" rel="noreferrer noopener" class="ek-link">business news</a> of the day, download for free our companion app Born2Invest. </p> <h3 class="wp-block-heading">Vortex ennobles and innovates agri-food by-products</h3> <p>The brand was created in 2020 from the idea of the two founders Lorenzo Picco and Simone Piccolo of wanting to build a business model inspired by the pillars of environmental, economic and social sustainability. The disposal of agri-food by-products today represents an important cost for companies. Vortex aims to find innovative solutions for agri-food by-products, both from an environmental and economic point of view, by ennobling them (upcycling) for the food, nutraceutical and petfood sectors. </p> <p>“Vortex has demonstrated the potential of its technology through the valorisation of the industrial by-product of the apple cultivar (and not only) by creating firstly an ingredient and secondly a cosmetic brand validated on the market with the name NASTE Beauty” – explained Andrea Cadelli, Ventures RedZone Manager.</p> <h3 class="wp-block-heading">The development plan in collaboration with RedZone</h3> <p>“For Vortex, RedZone represents a unique opportunity. It is a program that gives us the opportunity to interact with technicians of the highest level and to access cutting-edge machinery and instrumentation, enabling extremely high-intensity value generation. From this collaboration we expect to be able to launch a competitive project on the market, which will open up new scalability opportunities” stated Lorenzo Picco, CTO of Vortex. </p> <p>Within RedZone, Vortex will have the possibility of introducing an extract (an active ingredient) coming from the ennoblement of waste from the agri-food industry into capsules made with biological materials, with the aim of creating an effective anti-acne product, sustainable and totally organic.</p> <p>“The objective of the project is both to create a market MVP from a distribution point of view – he continues – (a finished product) but also to evaluate the application of the same technology in the B2B market.”</p> <h3 class="wp-block-heading">New call for startups</h3> <p>Red Zone will open a new call for startups in the first part of 2024, aiming for projects that are highly synergistic with the skills and vision of SAES: “The objective always remains to generate value from the interaction between the agility and dedication of startups towards your project with the technological expertise and industrial capabilities of SAES” – explained Cadelli. </p> <p>__</p> <p><em>(Featured image by <a href="https://pixabay.com/illustrations/food-waste-recycling-garbage-trash-8294133/" class="ek-link broken_link" target="_blank" rel="noopener">TheDigitalArtist</a> via <a href="https://pixabay.com/service/license-summary/" target="_blank" rel="noreferrer noopener">Pixabay</a>)</em></p> <p><em>DISCLAIMER: This article was written by a third party contributor and does not reflect the opinion of Born2Invest, its management, staff or its associates. Please review our </em><a href="https://born2invest.com/disclaimer-policy/"><em>disclaimer</em></a><em> for more information.</em></p> <p><em>This article may include forward-looking statements. These forward-looking statements generally are identified by the words “believe,” “project,” “estimate,” “become,” “plan,” “will,” and similar expressions. These forward-looking statements involve known and unknown risks as well as uncertainties, including those discussed in the following cautionary statements and elsewhere in this article and on this site. Although the Company may believe that its expectations are based on reasonable assumptions, the actual results that the Company may achieve may differ materially from any forward-looking statements, which reflect the opinions of the management of the Company only as of the date hereof. Additionally, please make sure to read these </em><a href="https://born2invest.com/disclaimer-policy/"><em>important disclosures</em></a><em>.</em></p> <p><em>First published in <a href="https://admin.startupitalia.eu/216641-20231205-la-startup-contro-gli-sprechi-alimentari-in-italia-al-macero-865-milioni-di-tonnellate-di-cibo-allanno-per-una-perdita-di-oltre-228-miliardi-di-euro" class="ek-link" target="_blank" rel="noopener">StartupItalia</a>, a third-party contributor translated and adapted the article from the original. In case of discrepancy, the original will prevail.</em></p> <p><em>Although we made reasonable efforts to provide accurate translations, some parts may be incorrect. Born2Invest assumes no responsibility for errors, omissions or ambiguities in the translations provided on this website. Any person or entity relying on translated content does so at their own risk. Born2Invest is not responsible for losses caused by such reliance on the accuracy or reliability of translated information. If you wish to report an error or inaccuracy in the translation, we encourage you to contact us.</em></p>]]></content:encoded> <imageurl>https://born2invest.com/wp-content/uploads/2023/12/food-8294133_1280-740x490.jpg</imageurl><photo_credit>(Featured image by TheDigitalArtist via Pixabay)</photo_credit><tags>agri-food by-products,featured,food waste,RedZone,Vortex</tags> </item> <item> <title>How the Rise in Bitcoin’s Price Affects the Planet’s Water Reserves</title> <link>https://born2invest.com/articles/bitcoin-price-rise-affects-planets-water/</link> <dc:creator><![CDATA[Valerie Harrison]]></dc:creator> <pubDate>Wed, 06 Dec 2023 18:30:00 +0000</pubDate> <category><![CDATA[Crypto]]></category> <category><![CDATA[bitcoin mining]]></category> <category><![CDATA[Bitcoin's price]]></category> <category><![CDATA[crypto mining]]></category> <category><![CDATA[featured]]></category> <category><![CDATA[water consumption]]></category> <guid isPermaLink="false">https://born2invest.com/?p=614872</guid> <description><![CDATA[To verify Bitcoin transactions on the Blockchain, miners' computers must compete to solve mathematical equations across the network. To do this, they make around 350 quintillion (that is, 350 followed by 18 zeros) guesses per second. In addition to cooling their computers, miners need coal- and gas-fired power plants to generate electricity, which also need water to lower the temperature.]]></description> <content:encoded><![CDATA[<p>Bitcoin has just surpassed the $40,000 barrier, something it has not done since April 2022, reactivating the fever for cryptocurrencies at the gates of the <em>Bull run</em> that its faithful predict for 2024. </p> <p>The <a aria-label=" (opens in a new tab)" href="https://born2invest.com/articles/bitcoin-reach-new-all-time-highs-2024/" target="_blank" rel="noreferrer noopener" class="ek-link">rise in Bitcoin’s price</a> also coincides with the celebration of COP28 from Dubai, reactivating at the same time the figures of the ecological footprint that weighs on crypto assets.</p> <p>Read more about bitcoin mining and how much water the activity consumes, and find the most important <a href="https://play.google.com/store/apps/details?id=com.borntoinvest.borntoinvest&hl=en" target="_blank" aria-label=" (opens in a new tab)" rel="noreferrer noopener" class="ek-link">financial news</a> of the day with our companion app Born2Invest.</p> <h3 class="wp-block-heading">Bitcoin requires a large amount of electricity to power the computers that keep it running, but also water, specifically, the equivalent of a small swimming pool per transaction</h3> <p>Until now, most consumption studies of the main cryptocurrency were reduced to electricity. Bitcoin consumes about 70.4 terawatt hours (TWh), the same as a country like Chile, according to the latest data from the Center for Alternative Finance at the University of Cambridge (CCAF). But the financial economist at the Vrije Universiteit of Amsterdam, Alex Vries, also thought of calculating how much water it consumes. </p> <p>In 2021, it worked out to 1,600 gigaliters, which is equivalent to 16,000 liters of water per transaction, and 6.2 million times more than using a credit card. De Vries also believes that in 2023, consumption will reach 2,300 gigaliters.</p> <p>To verify Bitcoin transactions on the Blockchain, miners’ computers have to compete to solve mathematical equations across the network, and collect a reward in Bitcoin. To do this, they make around 350 quintillion (that is, 350 followed by 18 zeros) guesses per second, an activity that consumes an enormous amount of computing power. “The right answer comes up every 10 minutes, and the rest of the data, quintillions of it, is useless,” complained De Vries.</p> <p>In addition to cooling their computers, miners need coal- and gas-fired power plants to generate electricity, which also need water to lower the temperature.</p> <p>“Many places in the world are suffering from drought, and fresh water is becoming an increasingly scarce resource. If we continue to use it to make useless calculations, the reality will be very painful,” warned de Vries in his study published in the journal <em>Cell Reports Sustainability.</em></p> <p>In the US, Bitcoin mining consumes between 93 and 120 gigaliters of water each year, which is equivalent to the average water consumption of 300,000 American homes, or a city like Washington.</p> <p>“The price of Bitcoin has just increased, reaching its highest point of the year, despite the recent collapse of several cryptocurrency platforms. This will have serious consequences, because the higher the price, the greater the environmental impact,” warned de Vries. </p> <p>“The most painful thing about cryptocurrency mining is that it uses a lot of computing power and a lot of resources that are not used to create something like artificial intelligence, which you can then use for something else. It’s just doing useless calculations.”</p> <h3 class="wp-block-heading">At a value of over $40,000 per coin, Bitcoin continues to expand around the world</h3> <p>In Central Asian countries, where dry weather is already putting pressure on freshwater supplies, increased Bitcoin mining activities will worsen the problem, De Vries predicted. According to the Cambridge Center for Alternative Finance, practically all of the world’s mining is in the hands of the US, China and Kazakhstan. In this country, Bitcoin transactions consumed 997.9 gigaliters of water in 2021, when the country is already dealing with a water crisis, which places it on the list of 20 most threatened for this reason.</p> <p>On the other hand, it is a climate with long winters, reaching -21 degrees Celsius, which is why, together with cheap electricity, it has become one of the favorite countries of miners. Some companies use a filter system that reuses the air in the area to cool computers. There is also now the innovative idea of submerging the hardware in cooling oil.</p> <p>De Vries proposes a modification of the Bitcoin mining software to reduce the energy and therefore the water necessary for this process, using renewable energies that do not use water, such as wind or solar. </p> <p>“But do you really want to spend wind and solar energy on cryptocurrencies? In many countries, including the United States, the amount of renewable energy is limited, and that means something else would have to run on fossil fuels. I’m not sure how much you earn,” the economist said.</p> <p><em>__</em></p> <p><em>(Featured image by <a href="https://pixabay.com/illustrations/bitcoin-miner-technician-computer-7781421/" class="ek-link broken_link" target="_blank" rel="noopener">fszalai</a> via <a href="https://pixabay.com/service/license-summary/" target="_blank" rel="noreferrer noopener">Pixabay</a>)</em></p> <p><em>DISCLAIMER: This article was written by a third party contributor and does not reflect the opinion of Born2Invest, its management, staff or its associates. Please review our </em><a href="https://born2invest.com/disclaimer-policy/" target="_blank" rel="noreferrer noopener"><em>disclaimer</em></a><em> for more information.</em></p> <p><em>This article may include forward-looking statements. These forward-looking statements generally are identified by the words “believe,” “project,” “estimate,” “become,” “plan,” “will,” and similar expressions. These forward-looking statements involve known and unknown risks as well as uncertainties, including those discussed in the following cautionary statements and elsewhere in this article and on this site. Although the Company may believe that its expectations are based on reasonable assumptions, the actual results that the Company may achieve may differ materially from any forward-looking statements, which reflect the opinions of the management of the Company only as of the date hereof. Additionally, please make sure to read these </em><a href="https://born2invest.com/disclaimer-policy/" target="_blank" rel="noreferrer noopener"><em>important disclosures</em></a><em>.</em></p> <p><em>First published in <a href="https://www.elmundo.es/ciencia-y-salud/medio-ambiente/2023/12/05/65678020e9cf4a15318b457e.html" target="_blank" aria-label=" (opens in a new tab)" rel="noreferrer noopener" class="ek-link">EL MUNDO</a>. A third-party contributor translated and adapted the articles from the originals. In case of discrepancy, the originals will prevail.</em></p> <p><em>Although we made reasonable efforts to provide accurate translations, some parts may be incorrect. Born2Invest assumes no responsibility for errors, omissions or ambiguities in the translations provided on this website. Any person or entity relying on translated content does so at their own risk. Born2Invest is not responsible for losses caused by such reliance on the accuracy or reliability of translated information. If you wish to report an error or inaccuracy in the translation, we encourage you to contact us</em></p>]]></content:encoded> <imageurl>https://born2invest.com/wp-content/uploads/2023/12/bitcoin-7781421_1280-740x490.jpg</imageurl><photo_credit>(Featured image by fszalai via Pixabay)</photo_credit><tags>bitcoin mining,Bitcoin's price,crypto mining,featured,water consumption</tags> </item> </channel></rss> 
