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Squirrel Wallet Brings a Fresh, Fun, and Secure Approach to Crypto Management

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2 months ago

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Nassau, Bahamas – The crypto space welcomes an exciting new player today with the launch of Squirrel Wallet, an innovative decentralized wallet that aims to make managing digital assets both secure and enjoyable. Developed by Squirrel Technologies, the wallet introduces a blend of cutting-edge features and a charming design that stands out in a market crowded with complex, intimidating crypto solutions.

A Wallet Like No Other

Unlike traditional wallets that rely solely on seed phrases for account recovery, Squirrel Wallet features an industry-first Guardian social recovery system. This unique approach allows users to appoint trusted contacts who can assist in recovering wallet access, mitigating the common fear of losing private keys. The result is a streamlined and stress-free user experience that caters to both crypto novices and experienced investors.

“Losing access to a wallet due to misplaced seed phrases is a major concern for many users,” notes industry analyst Igor. “Squirrel Wallet’s Guardian system is a smart solution that brings much-needed peace of mind, making it a significant advancement in crypto wallet technology.”

Key Features That Set Squirrel Wallet Apart

  • Social Recovery with Guardians: By allowing users to designate friends or family as recovery contacts, Squirrel Wallet eliminates the single point of failure common in traditional wallets, making crypto safer for everyone.
  • Multi-Chain Compatibility: The wallet supports a variety of blockchains, enabling users to store, send, and receive multiple types of cryptocurrencies seamlessly.
  • User-Friendly and Engaging Design: Squirrel Wallet’s playful interface, inspired by the habits of squirrels storing nuts, turns crypto management into an enjoyable experience, making it accessible for users of all ages.
  • Comprehensive Security: The wallet leverages state-of-the-art encryption and security protocols to protect user assets, while the Guardian system provides an extra layer of safety.

More Than Just a Wallet

Squirrel Wallet isn’t just for storing assets. It serves as a gateway to the entire decentralized ecosystem, integrating features like DeFi token swaps, staking, and dApp interactions. Users can explore decentralized finance without needing to juggle multiple apps, simplifying their crypto experience.

Early adopters of Squirrel Wallet can also look forward to exclusive bonuses, including limited-edition Squirely Squirrel NFTs, offering a unique incentive to join the platform.

What the Industry is Saying

Kevin, founder of Squirrel Technologies, believes the wallet’s distinct blend of functionality and user experience is a game-changer: “We designed Squirrel Wallet to be secure, intuitive, and above all, fun. The Guardian feature is a key part of this vision, addressing one of the biggest challenges in crypto – the fear of losing access. With Squirrel Wallet, users can feel confident that their assets are both protected and accessible.”

Crypto experts are already taking notice. “The combination of social recovery, multi-chain support, and a friendly user interface makes Squirrel Wallet a standout product,” says Kevan, a leading blockchain consultant. “It’s a refreshing change in a field that often prioritises complexity over usability.”

Availability and How to Join

Squirrel Wallet is now available on iOS, Android, and Web, making it accessible to users across all major platforms. The team behind the wallet is offering an exclusive launch promotion, rewarding the first wave of users with collectible Squirrelverse NFTs as part of the initial rollout.

About Squirrel Technologies

Squirrel Technologies is dedicated to making crypto accessible and enjoyable for everyone. By focusing on user-friendly design, advanced security features, and innovative recovery solutions, the company aims to build products that empower people to confidently navigate the world of digital assets.

For more information, visit squirrelwallet.com or follow the latest updates on Twitter and Discord.

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Press Release

CIMG Inc. Received Letters from Nasdaq regarding Deficiencies in the Minimum Bid Price and the Annual Report

Published

8 minutes ago

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January 23, 2025

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Beijing, China, January 22, 2025 — CIMG Inc. (“CIMG” or the “Company”) (NASDAQ: IMG), a company with a heritage in specialty coffee and an emerging business in broader consumer food and beverage products, announced that it received letters from Nasdaq regarding deficiencies in the minimum bid price and the annual report.

Minimum Bid Price Deficiency

On January 14, 2025, the Company received a notification letter (the “Minimum Bid Price Notice”) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“NASDAQ”) indicating that the Company is not in compliance with the minimum bid price requirement for continued listing set forth in Nasdaq Listing Rule 5550(a)(2). Nasdaq Listing Rule 5550(a)(2) requires listed securities to maintain a minimum bid price of $1.00 per share, and Nasdaq Listing Rule 5810(c)(3)(A) provides that a failure to meet the minimum bid price requirement exists if the deficiency continues for a period of 30 consecutive business days. The Minimum Bid Price Notice has no immediate effect on the listing of the Company’s common stock, par value $0.00001 per share (the “Common Stock”), which continues to trade on The Nasdaq Capital Market under the symbol “IMG.”

In accordance with Nasdaq Listing Rule 5810(c)(3)(A), the Company has 180 calendar days from the date of the Minimum Bid Price Notice, or until July 14, 2025, to regain compliance. If at any time before July 14, 2025, the closing bid price of the Common Stock closes at or above $1.00 per share for a minimum of 10 consecutive business days, NASDAQ will provide written notification that the Company has achieved compliance with the minimum bid price requirement, and the matter will be resolved.

If the Company does not regain compliance during the compliance period ending July 14, 2025, then NASDAQ may in its discretion determine to grant the Company an additional 180 calendar day period to regain compliance, provided that the Company on July 14, 2025 meets the continued listing requirement for market value of publicly held shares and all other applicable initial listing standards for The Nasdaq Capital Market, with the exception of the minimum bid price requirement, and will need to provide NASDAQ written notice of its intent to cure the deficiency during the second compliance period.

If the Company does not regain compliance within the allotted compliance period or periods, including any extensions that NASDAQ may determine to grant, NASDAQ will provide notice that the Common Stock will be subject to delisting. The Company would then be entitled to appeal that determination to a NASDAQ hearings panel. There can be no assurance that the Company will regain compliance with the minimum bid price requirement during the 180-day compliance period, secure a second period of 180 days to regain compliance or maintain compliance with the other NASDAQ listing requirements.

Annual Report Deficiency

On January 17, 2025, the Company received another notice (the “Annual Report Notice”) from NASDAQ indicating that the Company is not in compliance with Nasdaq Listing Rule 5250(c)(1) because the Company did not timely file its Annual Report on Form 10-K for the period ended September 30, 2024 (the “Form 10-K”) with the Securities and Exchange Commission (the “SEC”). The Annual Report Notice has no immediate effect on the listing of the Company’s stock on Nasdaq, and it states that the Company is required to submit a plan to regain compliance with Nasdaq Listing Rule 5250(c)(1) within 60 calendar days from the date of the Annual Report Notice. If the plan is accepted by Nasdaq, then Nasdaq can grant the Company up to 180 calendar days from the due date of the Form 10-K to regain compliance. In determining whether to accept such plan, Nasdaq will consider such things as the likelihood that the remedial filing, along with any subsequent periodic filing that will be due, can be made within the 180 day period, the Company’s past compliance history, the reasons for the late filing, other corporate events that may occur within our review period, the Company’s overall financial condition and its public disclosures. Any subsequent periodic filing that is due within the 180-day exception period must be filed no later than the end of the period.

Due to business and management restructuring, the Company needs additional time to complete its financial statements, notes to the financial statements, as well as to have the report reviewed by its accountants and attorneys. The Company continues to work diligently to enable the filing of the Form 10-K with the SEC as soon as reasonably practicable.

About CIMG Inc.

 

CIMG Inc. is a digital marketing, sales and distribution company for various consumer products with focuses on food and beverages. Dedicated to reshaping the digital marketing and distribution with technological applications, the Company endeavors to create greater commercial value for its business partners and therefore enhance its own enterprise value and shareholders’ value of their stake in the Company. The Company has a professional branding and marketing management system, which can quickly help partnering enterprises achieve their connection, management, and operation of marketing channels globally.

Forward-Looking Statements

This press release contains information about the Company’s view of its future expectations, plans and prospects that constitute forward-looking statements. Actual results may differ materially from historical results or those indicated by these forward-looking statements as a result of a variety of factors including, but not limited to, risks and uncertainties associated with its ability to raise additional funding, its ability to maintain and grow its business, variability of operating results, its ability to maintain and enhance its brand, its development and introduction of new products and services, the successful integration of acquired companies, technologies and assets into its portfolio of products and services, marketing and other business development initiatives, competition in the industry, general government regulation, economic conditions, dependence on key personnel, the ability to attract, hire and retain personnel who possess the technical skills and experience necessary for its operations, and its ability to protect its intellectual property. The Company encourages you to review other factors that may affect its future results in the Company’s annual reports and in its other filings with the Securities and Exchange Commission.

For more information, please contact:

http://www.ccmg.tech

ir@ccmg.tech

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Press Release

New memecoin Pengu Unleashed raise $1.5M in first day of presale

Published

23 minutes ago

on

January 23, 2025

By

Pengu Unleashed (PUNGU) has officially announced the successful launch of its cryptocurrency token, marking a game-changing entry into the meme coin market by raising an impressive $1.5 million on the first day of its presale.

What makes PUNGU stand out?

At its core, Pengu Unleashed is about more than just hype. The project integrates advanced Layer 2 rollup technology like zk-rollups and optimistic rollups to cut down gas fees and speed up transactions. This means users can trade, stake, and build on the platform with minimal costs, all while staying secure.

But that’s not all. PUNGU is also on a mission to do good, pledging $1 million to penguin habitat conservation and climate change initiatives.

It’s a win-win: contribute to a greener planet while riding the next big wave in crypto.

Pengu Unleashed presale gains momentum as staking goes live

The early interest in Pengu Unleashed is reflected in its presale performance. Launched this week, the presale has attracted over $1 million within the first 24 hours of going live.

The total raise now stands at almost $1.7 million.

Early investors can buy PUNGU tokens for $0.015 each during the current stage of the presale.

The Pengu Unleashed team accepts purchases in ETH and USDT.

PUNGU is already making moves, securing listings on Tier 2 exchange BitMart and a soon-to-be-revealed Tier 1 exchange. These partnerships will make it even easier for investors to jump in and trade.

Meanwhile, presale participants are already staking their tokens to earn rewards ahead of the official launch.

Where to buy and what’s next

A growing community

PUNGU is already attracting attention online, with its Telegram channel reaching 4000+ members in 72 hours. Early adopters are locking in their positions, staking tokens, and preparing for the next steps in the roadmap.

With strong early momentum and an eye toward innovation, PUNGU is positioning itself as a standout player in the meme coin space.

Why investors are paying attention

PUNGU isn’t just a token, it’s an entire platform designed for decentralized applications (DApps). Developers can build with Ethereum-compatible tools, while PUNGU holders gain governance rights to shape the ecosystem’s future.

A lead developer summed it up perfectly: “Memes are cultural artifacts, and Pengu Unleashed is building infrastructure to make them scalable and meaningful. By lowering the entry barrier for creators and developers, we’re enabling a new wave of decentralized creativity.”

However, its early presale success and positioning in the Pungu space make it a project that many investors are watching closely.

For more information, visit the website, X, and Telegram.

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Press Release

Kazakhstan to Showcase Its Potential as a Regional Academic Hub at the Bett Show for the First Time

Published

1 hour ago

on

January 23, 2025

By

Kazakhstan to Present Its National Pavilion

For the first time in 40 years, Kazakhstan will present a national pavilion at one of the world’s largest international education exhibitions—the Bett Show. The event will take place from January 22 to 24, 2025, in London, UK.

What is the Bett Show?

The Bett Show (British Education Training and Technology Show) is a leading global event in the field of education. It brings together representatives from educational institutions, EdTech companies, universities, schools, and developers of educational solutions. Each year, the event attracts approximately 30,000 attendees from 130 countries, offering a platform to share experiences, present innovations, and discuss global educational trends.

Kazakhstan’s Role as an Academic Hub

The central theme of Kazakhstan’s pavilion will be the country’s development as a regional academic hub. Kazakhstan’s evolving educational ecosystem has sparked growing interest in its learning opportunities, with around 30,000 international students currently studying in the country.

Cooperation and New Programmes

In collaboration with leading foreign universities, Kazakhstan has introduced doctoral programmes and conducted extensive research initiatives. Large corporations are also supporting the introduction of artificial intelligence programs to enhance digital competencies.

‘Study in Kazakhstan’ Project

Minister of Science and Higher Education Sayasat Nurbek will present the ‘Study in Kazakhstan’ project, aimed at reinforcing the country’s position as a regional academic hub. The establishment of campuses by leading British universities, such as Coventry University Kazakhstan, is expanding academic opportunities, enhancing the quality of education, and promoting the internationalization of higher education institutions.

“This is the first time Kazakhstan is participating in one of the world’s largest educational exhibitions, the Bett Show, with a national pavilion. It provides an excellent opportunity to showcase our country’s development as a regional academic hub. Today, about 30,000 foreign students study in Kazakhstan, and new educational programs are being implemented in collaboration with leading international universities. These achievements demonstrate the international recognition of Kazakhstan’s education system and its openness to the world,” said Sayasat Nurbek in his speech.

Pavilion Participants

The National Pavilion will feature six leading universities from Kazakhstan, along with branches of Coventry University Kazakhstan and Heriot-Watt University. The participants include:

  1. L.N. Gumilev Eurasian National University
  2. Al-Farabi Kazakh National University
  3. Nazarbayev University
  4. East Kazakhstan Technical University named after D. Serikbayev
  5. Kazakh National Research Technical University named after K.I. Satpayev
  6. Atyrau Oil and Gas University named after Safi Utebayev

Additionally, Coventry University Kazakhstan, Heriot-Watt University in Kazakhstan, and JSC ‘Center for International Programs’ will participate, highlighting Kazakhstan’s active engagement in international educational dialogue.

Key Objectives of Participation

A primary objective of Kazakhstan’s participation will be to sign agreements with leading UK universities. These agreements will create new opportunities for academic and scientific cooperation, the adoption of modern digital tools, and the development of educational content.

Registration for the Exhibition:

Entry to the Bett Show is free for students. Registration is available on the official exhibition website: https://uk.bettshow.com/.

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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

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