Interview https://www.benzinga.com/views/taxonomy/term/125566 en The Ethereum Merge Was A Success: Now What? Interview With Launchnodes CEO Jaydeep Korde https://www.benzinga.com/markets/cryptocurrency/22/10/29147386/the-ethereum-merge-was-a-success-now-what-interview-with-launchnodes-ceo-jaydeep-korde <p>Arguably the largest event since the creation of Bitcoin, Ethereum successfully merged its beacon chain to become fully proof of stake less than a month ago. Not only was this huge for the Ethereum community, but The Merge was the largest decarbonization event in history, reducing the world&rsquo;s energy consumption by 0.2%. Since The Merge occurred, however, Ethereum has fallen in price. Investors are starting to ask: <em>Now What??</em></p> <p>Benzinga sat down with Jaydeep Korde, founder and CEO of launchnodes, to gain insight into <a href=&#039;https://www.benzinga.com/money/is-ethereum-a-good-investment/&#039;>Ethereum</a>&rsquo;s transition to proof of stake, and what this could mean for Ethereum moving forward. Launchnodes is a staking as a service provider, allowing institutions and individuals to easily set up an Ethereum validator node on its new proof of stake network.</p> <p><strong>BZ: Ethereans boast that ETH proof of stake is more secure and decentralized than ETH proof of work. Why do you think this is?</strong></p> <p>&ldquo;There were 11 proof of work miners that did 99% of the work of securing and decentralizing <a href=&#039;https://www.benzinga.com/money/is-ethereum-a-good-investment/&#039;>Ethereum</a> as a proof of work network. There are over 400,000 validators now doing that same work &ndash; all identifiable in chunks of 32 ETH running on specific nodes that can be examined and &ldquo;dashboarded&rdquo; within an inch of their new proof of stake lives.&rdquo; - Korde</p> <p><strong>BZ: Why is it important for ...</strong></p><p><a href=https://www.benzinga.com/markets/cryptocurrency/22/10/29147386/the-ethereum-merge-was-a-success-now-what-interview-with-launchnodes-ceo-jaydeep-korde alt=The Ethereum Merge Was A Success: Now What? Interview With Launchnodes CEO Jaydeep Korde>Full story available on Benzinga.com</a></p> Cryptocurrency ETH Markets Tech Interview ETH Cryptocurrency Markets Tech Interview Benzinga Tue, 04 Oct 2022 23:06:23 +0000 Ryan McNamara 29147386 at https://www.benzinga.com BENZINGA TV EXCLUSIVE: Is Elon Musk A Winner Or A Loser In the Twitter Deal? Here Is What TWTR Users Think https://www.benzinga.com/news/large-cap/22/10/29145308/benzinga-tv-exclusive-is-elon-musk-a-winner-or-a-loser-in-the-twitter-deal-here-is-what-twitter-us <p>On today&#39;s (Oct. 4) episode of the &quot;<a href="https://www.youtube.com/playlist?list=PL4k0fH8EgI3ZH5e_UY6umvQnfdQuMK-oP"><strong>Stock Market Movers,</strong></a>&quot; host <a href="https://twitter.com/metabitz">Mitch Hoch</a> spoke to <strong>Chris DeMuth</strong>,<strong>&nbsp;</strong>hedge fund manager at Rangeley Capital, about the reports about&nbsp;Elon Musk&#39;s offer to buy <strong>Twitter Inc</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/twtr#NYSE">TWTR</a>) at his original offer price of $54.20 per share.</p> <p><iframe allow="accelerometer; ...</p><p><a href=https://www.benzinga.com/news/large-cap/22/10/29145308/benzinga-tv-exclusive-is-elon-musk-a-winner-or-a-loser-in-the-twitter-deal-here-is-what-twitter-us alt=BENZINGA TV EXCLUSIVE: Is Elon Musk A Winner Or A Loser In the Twitter Deal? Here Is What TWTR Users Think>Full story available on Benzinga.com</a></p> Benzinga TV Chris DeMuth Elon Musk Large Cap News Parag Agrawal Rangeley Capital Stock Market Moviers TSLA TWTR Rumors Exclusives Media Trading Ideas Interview TSLA US88160R1014 TWTR US90184L1026 News Large Cap Rumors Exclusives Media Trading Ideas Interview Benzinga Tue, 04 Oct 2022 21:51:49 +0000 Asli Tolon Coskun 29145308 at https://www.benzinga.com Why Is Green Thumb Industries (GTBIF) A Good Public Cannabis Company? This Analyst Breaks It Down For You! https://www.benzinga.com/markets/cannabis/22/10/29146083/why-is-green-thumb-industries-gtbif-a-good-public-cannabis-company-this-analyst-breaks-it-down-f <p>Why is <strong>Green Thumb Industries Inc</strong> (OTC: <a class="ticker" href="https://www.benzinga.com/stock/gtbif#OTC">GTBIF</a>) &quot;a good public cannabis company&quot;?</p> <p>Colin Campbell, Managing Director of Sharp Capital Advisors, shared his thesis on <strong>Benzinga Cannabis Insider.</strong></p> <p>&quot;They actually have EBIDTA,&quot; he started.</p> <p>Check out his full argument on YouTube (around the 24:00 mark): <a href="https://www.youtube.com/watch?v=GULfW1giRXo" title="https://www.youtube.com/watch?v=GULfW1giRXo">https://www.youtube.com/watch?v=GULfW1giRXo</a></p> <p><iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" frameborder="0" height="315" src="https://www.youtube.com/embed/GULfW1giRXo" ...</p><p><a href=https://www.benzinga.com/markets/cannabis/22/10/29146083/why-is-green-thumb-industries-gtbif-a-good-public-cannabis-company-this-analyst-breaks-it-down-f alt=Why Is Green Thumb Industries (GTBIF) A Good Public Cannabis Company? This Analyst Breaks It Down For You!>Full story available on Benzinga.com</a></p> Benzinga Cannabis Insider Cannabis Colin Campbell GTBIF News Sharp Capital Advisors Exclusives Markets Interview GTBIF News Cannabis Exclusives Markets Interview Benzinga Tue, 04 Oct 2022 21:12:31 +0000 Javier Hasse 29146083 at https://www.benzinga.com Rapper Vic Mensa Talks Weed: 'Before I Ever Sold A Rap, I Sold An Eighth' https://www.benzinga.com/markets/cannabis/22/09/28921228/vic-mensa-interview <p>After an almost two-decade-long affair with the plant, Chicago rapper, actor and activist <a href="https://elplanteo.com/vic-mensa-cannabis/"><strong>Vic Mensa</strong></a> has launched a legal, equity-focused cannabis company of his own, <strong>93 Boyz.</strong></p> <p>&ldquo;I&#39;ve been involved with cannabis for most of my life, dating all the way back to age 11 when I first started smoking. Around age 15 I started selling cannabis and smoking less, for entrepreneurial reasons, as well as this being the time in my life when I first started to experience acute anxiety and was diagnosed with Generalized Anxiety Disorder,&rdquo; explains the artist &ndash; who recommends people wait until the legal age at their respective jurisdictions before trying cannabis.</p> <p>Later in his teens, Vic stopped selling weed as music became his primary focus. He also started smoking &ldquo;heavily.&rdquo; In recent years, he became involved once again in buying and selling weed, &ldquo;before stepping fully into the recreational cannabis industry.&rdquo;</p> <p>According to Vic, the decision to launch 93 Boyz stemmed from a desire to keep his &ldquo;first hustle.&rdquo; He jokes &ldquo;Before I ever sold a rap, I sold an eighth,&rdquo; adding, &ldquo;the recreational market is brand new in Illinois and I&#39;ve been working to enter it from its inception.&rdquo;</p> <h2><strong>&lsquo;A Completely Better Lifestyle Decision&rsquo;</strong></h2> <p>&ldquo;I think cannabis should be federally legal because it&rsquo;s a literal plant from the earth with enormous healing capabilities. All plant medicine should be decriminalized,&rdquo; Vic argues when prompted about weed&rsquo;s illegality.</p> <p>In his view, &ldquo;cannabis is a completely better lifestyle decision than alcohol, although I hold no judgment and believe in everything in moderation. However, if one was to assess the most damaging decisions made in life, I think you would find that very often ...</p><p><a href=https://www.benzinga.com/markets/cannabis/22/09/28921228/vic-mensa-interview alt=Rapper Vic Mensa Talks Weed: &#039;Before I Ever Sold A Rap, I Sold An Eighth&#039;>Full story available on Benzinga.com</a></p> 93 Boyz Cannabis contributors Vic Mensa Markets Interview Cannabis Markets Interview Benzinga Tue, 04 Oct 2022 19:54:46 +0000 Javier Hasse 28921228 at https://www.benzinga.com BENZINGA TV EXCLUSIVE: The 'Eyeball' Test — Are People Thinking Twice Before They Spend Money Now? https://www.benzinga.com/market-moving-exclusives/22/10/29124398/benzinga-tv-exclusive-the-eyeball-test-are-people-thinking-twice-before-they-spend-money <p>On today&#39;s (Oct.&nbsp;3) episode of the &quot;<a href="https://www.youtube.com/playlist?list=PL4k0fH8EgI3ZH5e_UY6umvQnfdQuMK-oP"><strong>Stock Market Movers,</strong></a>&quot; host <a href="https://twitter.com/metabitz">Mitch Hoch</a> speaks to <strong> Luke Lloyd</strong>,<strong>&nbsp;</strong>wealth advisor and&nbsp;investment strategist at Strategic Wealth Partners about the Federal Reserve&#39;s role in the energy crisis and his prediction for the top three&nbsp;performing sectors heading into 2023.</p> <p>&quot;In Ohio, where I live, all people ...</p><p><a href=https://www.benzinga.com/market-moving-exclusives/22/10/29124398/benzinga-tv-exclusive-the-eyeball-test-are-people-thinking-twice-before-they-spend-money alt=BENZINGA TV EXCLUSIVE: The &#039;Eyeball&#039; Test — Are People Thinking Twice Before They Spend Money Now?>Full story available on Benzinga.com</a></p> Benzinga TV Exclusives Media Trading Ideas Interview General Exclusives Media Trading Ideas Interview General Benzinga Mon, 03 Oct 2022 20:33:47 +0000 Asli Tolon Coskun 29124398 at https://www.benzinga.com Cosmos' Leading DEX Osmosis Experiences Downtime Attributed To Network Validator Upgrade https://www.benzinga.com/fintech/22/10/29123432/cosmos-leading-dex-osmosis-experiences-downtime-attributed-to-network-validator-upgrade <p><strong>Osmosis </strong>(CRYPTO: OSMO) has been sailing through the crypto sphere and picking up speed in the ever-expanding <strong>Cosmos </strong>(CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/atom/usd">ATOM</a>) interchain universe. In particular, since the January deployment of Cosmos&nbsp;Gravity Bridge, which made Osmosis the first DEX first to support Cosmos-<strong>Ethereum</strong> (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>) interoperability.</p> <p><strong>What Happened: </strong>This morning, Osmosis experienced unexpected downtime. Naturally, Twitter and partners to Osmosis&nbsp;noticed almost immediately.</p> <blockquote class="twitter-tweet"><p>Osmosis chain has halted, so it&#39;s been disabled on Satellite while they investigate the issue.</p> <p>&mdash; Satellite Powered by Axelar Network (@Axl_Satellite) <a href="https://twitter.com/Axl_Satellite/status/1576973511650086913?ref_src=twsrc%5Etfw">October 3, 2022</a></p></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script><p><strong>When asked for comment on the nature of the outage, Osmosis responded to Benzinga with a written statement:</strong></p> <p>&ldquo;We believe (the downtime) is in relation to proposal #337 passing. <strong>User funds are not ...</strong></p><p><a href=https://www.benzinga.com/fintech/22/10/29123432/cosmos-leading-dex-osmosis-experiences-downtime-attributed-to-network-validator-upgrade alt=Cosmos&#039; Leading DEX Osmosis Experiences Downtime Attributed To Network Validator Upgrade>Full story available on Benzinga.com</a></p> $ATOM $ETH Cryptocurrency DEX Exclusives Markets Tech Interview $ETH $ATOM Cryptocurrency Exclusives Markets Tech Interview Benzinga Mon, 03 Oct 2022 18:51:54 +0000 Justin Roberti 29123432 at https://www.benzinga.com With More Cannabis Industry Layoffs Likely, What Can You Do To Stay Employed? https://www.benzinga.com/markets/cannabis/22/09/29088335/with-more-cannabis-industry-layoffs-likely-what-can-you-do-to-stay-employed <p>With layoffs affecting the national workforce, cannabis staffing leaders forecast that <a href="https://www.benzinga.com/markets/cannabis/20/07/16811884/cannabis-layoffs-will-likely-continue-as-market-stabilizes">more dismissals are expected</a> in the sector over the next few months.</p> <p>Layoffs in recent months&nbsp;have included the likes of&nbsp;<strong>Aurora Cannabis Inc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/acb#NASDAQ">ACB</a>) </strong>and<strong>&nbsp;<a href="https://www.benzinga.com/markets/cannabis/22/06/27589083/cannabis-tech-co-dutchie-slashes-staff-by-7-as-economic-uncertainty-rises">Dutchie</a></strong>, among numerous others.</p> <p><strong>Karson Humiston</strong>, founder and CEO of industry staffing firm <strong>Vangst</strong>, predicts layoffs will trend upward over the next year. With numerous companies operating with less than a year&#39;s cash on hand, she said roles can become redundant.</p> <p>&quot;Many companies will continue to work to extend the little runway they have left, and a way they will do this is by reducing headcount,&quot; Humiston said.</p> <p><strong>Kara Bradford</strong>, CEO of <strong>Viridian Staffing</strong>, expects layoffs for at least a few more months. She noted that critical factors should determine how layoffs affect different state markets, &quot;Including how new or mature they are and how liberal or restrictive a state was in awarding licenses.&quot;</p> <p><strong>Jojo Benge</strong>, VP of people and strategy for cannabis workforce management software <strong>Wurk</strong>, expects layoffs to continue at the same rate, citing an August 2022 <strong>PwC </strong><a href="https://www.pwc.com/us/en/library/pulse-survey/managing-business-risks.html">report </a>noting that 50% of companies expect to reduce labor in the next six to 12 months.</p> <p>&quot;While there may be a smaller scale of layoffs, it will probably stay consistent till mid-winter, end of spring,&quot; said Benge.</p> <p><strong>James Yagielo</strong>, CEO of staffing firm <strong>HempStaff</strong>, did offer a minor ...</p><p><a href=https://www.benzinga.com/markets/cannabis/22/09/29088335/with-more-cannabis-industry-layoffs-likely-what-can-you-do-to-stay-employed alt=With More Cannabis Industry Layoffs Likely, What Can You Do To Stay Employed?>Full story available on Benzinga.com</a></p> ACB Cannabis HempStaff James Yagielo job loss Jojo Benge Kara Bradford Karson Humiston labor Layoffs News Penny Stocks PwC Vangst Viridian Staffing Wurk Small Cap Exclusives Markets Interview ACB News Penny Stocks Cannabis Small Cap Exclusives Markets Interview Benzinga Mon, 03 Oct 2022 14:56:20 +0000 Andrew Ward 29088335 at https://www.benzinga.com EXCLUSIVE: The Adventures Of Tom Ward, The Celebrity Interviewer Who Lived A Double Life https://www.benzinga.com/exclusives/22/09/29101557/exclusive-the-adventures-of-tom-ward-the-celebrity-interviewer-who-lived-a-double-life <p>Everyone has a superpower. It rests on whether you have enough patience to realize and strengthen your superpower.</p> <p>That&#39;s according to <strong>Tom Ward</strong>, the writer and celebrity interviewer behind <strong>The Tow Ward Show</strong>.</p> <p>&quot;At the end of the day, I&rsquo;m a regular dude with little identifiable skills of any kind,&quot; he chuckled during a Benzinga chat. &ldquo;In my case, I&rsquo;m good at one thing and that&rsquo;s talking to people.&rdquo;</p> <p>Before hosting his own <a href="http://www.youtube.com/c/thetomwardshow/featured">show </a>in Los Angeles, Ward was in sales. But his main goal is to continuously improve&nbsp;&mdash; the lifestyle strategy of <em>Kaizen</em>.</p> <p>&ldquo;It took me many years to get to where I am now. It did not happen overnight, and I&rsquo;m getting a bit better with every interview, pitch, and production,&quot; he said. &quot;It all adds up in time, and that&rsquo;s my intent.&rdquo;</p> <h3>&#39;Reinventing You&#39;</h3> <p>Ward, a New Jersey native, was an average kid from a middle-class family. He found little passion in the mundane careers he pursued after attending <strong>Rutgers University&ndash;Camden</strong>.</p> <p>&ldquo;Some of the coolest people I knew at the time were sales guys and entrepreneurs who owned their own businesses,&rdquo; he said. &ldquo;They dressed cool and were friendly.&rdquo;</p> <p>Ward previously sold cars at<strong> Mercedes Benz Group</strong> (OTC: <a class="ticker" href="https://www.benzinga.com/stock/mbgyy#OTC">MBGYY</a>), <strong>Porsche Automobile Holding </strong>(OTC: <a class="ticker" href="https://www.benzinga.com/stock/poahy#OTC">POAHY</a>), and<strong> Toyota Motor Corp</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/tm#NYSE">TM</a>) dealerships near Philadelphia and Phoenix. He also worked for<strong> Illinois Tool Works Inc</strong>. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/itw#NYSE">ITW</a>), where he sold equipment to grocery stores, including <strong>Amazon Inc.</strong>-owned (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/amzn#NASDAQ">AMZN</a>) Whole Foods and <strong>Sprouts Farmers Market Inc.</strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/sfm#NASDAQ">SFM</a>).</p> <p>With &ldquo;little oversight&rdquo; and a corporate <strong>American Express Company</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/axp#NYSE">AXP</a>) card came a &ldquo;sense of freedom&rdquo; that made the equipment sales gig tolerable for about a decade before Ward burned out.</p> <p>&ldquo;If I have to go to another trade show, and stand in front of an oven for three days, I&rsquo;m going to kill ...</p><p><a href=https://www.benzinga.com/exclusives/22/09/29101557/exclusive-the-adventures-of-tom-ward-the-celebrity-interviewer-who-lived-a-double-life alt=EXCLUSIVE: The Adventures Of Tom Ward, The Celebrity Interviewer Who Lived A Double Life>Full story available on Benzinga.com</a></p> AMZN AXP ITW MBGYY POAHY SFM The Tom Ward Show TM Tom Ward Exclusives Interview AMZN US0231351067 AXP US0258161092 ITW US4523081093 TM US8923313071 POAHY US73328P1066 SFM MBGYY Exclusives Interview Benzinga Fri, 30 Sep 2022 23:11:30 +0000 Renato Capelj 29101557 at https://www.benzinga.com BENZINGA TV EXCLUSIVE: Things Are Bad, Are Better Times Coming? https://www.benzinga.com/market-moving-exclusives/22/09/29103979/benzinga-tv-exclusive-things-are-bad-glad-that-its-over <p>On today&#39;s (Sept. 30) episode of &quot;<a href="https://www.youtube.com/watch?v=AZa_z3MQciw&amp;t=3920s"><strong>PreMarket Prep,</strong></a>&quot; host <a href="https://twitter.com/metabitz">Mitch Hoch</a> spoke&nbsp;to <strong>Ryan Detrick</strong><strong>, </strong>chief market strategist at <strong>CarsonGroup</strong> about USA Core <a href="https://twitter.com/Benzinga/status/1575832328189902849?s=20&amp;t=lN-5P63bn1TTuEG7qeUZZw">PCE Price Index</a>, and why September was the worst month ever and October may bring good news and some green ...</p><p><a href=https://www.benzinga.com/market-moving-exclusives/22/09/29103979/benzinga-tv-exclusive-things-are-bad-glad-that-its-over alt=BENZINGA TV EXCLUSIVE: Things Are Bad, Are Better Times Coming?>Full story available on Benzinga.com</a></p> Benzinga TV Exclusive deep recession PreMarket Prep Stock Market Update Market-Moving Exclusives Exclusives Analyst Ratings Media Trading Ideas Interview Market-Moving Exclusives Exclusives Analyst Ratings Media Trading Ideas Interview Benzinga Fri, 30 Sep 2022 20:02:05 +0000 Asli Tolon Coskun 29103979 at https://www.benzinga.com What Might Cannabis Companies Lose When Cutting DEI As A Cost-Cutting Maneuver? https://www.benzinga.com/markets/cannabis/22/09/29088498/what-might-cannabis-companies-lose-when-cutting-dei-as-a-cost-cutting-maneuver <p>Like any industry, scores of cannabis companies face difficult decisions as the market trends down. In many cases, roles are reduced or made redundant, as evidenced by the ongoing wave of cannabis layoffs announced in recent months.</p> <p>Often, non-essential and non-revenue generating components, including corporate social responsibility (CSR) and diversity, equity and inclusion (DEI), are some of the first to go or face cutbacks.</p> <p>A pragmatic business decision is justified, but some caution that cutting DEI efforts go against cannabis community ideals and can undercut long-term business potential.</p> <h3>Non-Generating Components Go First</h3> <p>Cannabis is a unique industry in numerous ways, but its reaction to downtimes and underperforming numbers is not.</p> <p>&quot;In our experience, employees who are not revenue producing or critical to the operations of a cannabis company are generally cut first during layoffs,&quot; said <strong>Liesl Bernard</strong>, CEO of temp staffing firm <strong>CannabizTeam</strong>.</p> <p>Talent acquisition and training join CSR as the first departments usually cut, said Anya Varga, chief people officer at <strong>Ayr Wellness Inc (OTC: <a class="ticker" href="https://www.benzinga.com/stock/ayrwf#OTC">AYRWF</a>)</strong>.</p> <p>&quot;It&#39;s hard to put a number to it, but I would imagine we are still at a moment where most companies look here first during tough times,&quot; said Varga, calling the decision a &quot;delicate balance.&quot;</p> <p>In most cases, companies first look towards the non-essential business sectors as it looks to scale back or re-align their focus.</p> <p>&quot;Too often, leadership considers cuts to &#39;nice to have&#39; programs while focusing only on &#39;mission-critical&#39; activities,&quot; said <strong>Marc Ross</strong>, head of impact and environmental, social and governance at <strong>Vicente Sederberg LLP</strong>.</p> <p>Professionals in the space are reportedly noticing the effects.</p> <p>&quot;The commitment and budget put towards DEI and social equity and things associated with that nature has definitely been suffering,&quot; said <strong>Tahir Johnson</strong>, director of social equity for the Marijuana Policy Project.</p> <h3>A Case For DEI and CSR</h3> <p>DEI advocates feel inclusive ...</p><p><a href=https://www.benzinga.com/markets/cannabis/22/09/29088498/what-might-cannabis-companies-lose-when-cutting-dei-as-a-cost-cutting-maneuver alt=What Might Cannabis Companies Lose When Cutting DEI As A Cost-Cutting Maneuver?>Full story available on Benzinga.com</a></p> AYRWF Cannabis Chaney Turner Commons CSR DEI equity hiring HR Inclusion Kadijah Means Liesl Bernard Marc Ross Marijuana Policy Project News Oakland Cannabis Commission Patagonia Penny Stocks Simply Pure Trenton NJ Staffing Tahir Johnson Tahira Rehmatullah Trailblazers Vicente Sederberg LLP Exclusives Markets Interview AYRWF News Penny Stocks Cannabis Exclusives Markets Interview Benzinga Fri, 30 Sep 2022 16:26:40 +0000 Andrew Ward 29088498 at https://www.benzinga.com Why Kevin O'Leary, Jordan Belfort Welcome Crypto Regulation https://www.benzinga.com/fintech/22/09/29083525/kevin-oleary-and-jordan-belfort-welcome-crypto-regulation-to-stabilize-the-crypto-market <p>Perhaps a bear market is really a time to grow, even if you aren&rsquo;t a billionaire adding to your holdings.&nbsp;</p> <p>History was made Sept. 15&nbsp;when the <strong>Ethereum </strong>(CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>) Mainnet <a href="https://www.benzinga.com/markets/cryptocurrency/22/09/28876204/breaking-ethereum-merge-now-successfully-complete">merged with the Beacon Chain to exist as one chain</a>.</p> <p>Most importantly, as the Ethereum Foundation stated in its announcement: &ldquo;Ethereum&#39;s Proof-of-stake upgrade is finally here!&nbsp;</p> <p>The Proof-of-Stake (POS) consensus mechanism will ideally address concerns over costs, speed, capacity, and energy consumption on Ethereum Network.</p> <p>On the same day, <strong>Cardano</strong> (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/ada/usd">ADA</a>)&nbsp; announced what is being called its most ambitious upgrade yet.</p> <p><strong>Wave Of Crypto Developments:</strong> In the announcement made by Cardano developers Input-Output Hong Kong (IOHK), Cardano said in a statement: &ldquo;the Vasil upgrade significantly improves and enhances Cardano&#39;s capabilities. New Plutus v2 features and enhancements will enable DApp developers to create novel and exciting experiences, while diffusion pipelining unlocks the potential for greater throughput and network capacity.&quot;</p> <p>The Cardano mainnet hardfork was originally given a June 29 deadline, but the upgrade was delayed because of bugs during testing.&nbsp;</p> <p>In the meantime, <strong>Solana</strong> (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/sol/usd">SOL</a>) is ready to own energy efficiency. The crypto recently <a href="https://www.benzinga.com/analyst-ratings/analyst-color/22/09/28959071/solana-network-can-run-for-an-hour-on-less-energy-than-is-required-for-a-single-bit">announced a host of improvements</a>, and Solana claims it can run the whole network for one hour on the same energy used for&nbsp;one Bitcoin transaction.</p> <p><strong>Cosmos </strong>(CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/atom/usd">ATOM</a>) is convening at Cosmoverse, dubbed &ldquo;the biggest Cosmos event of the year.&quot;</p> <p>Cosmos reps are in the middle of three days in Medellin, Colombia, attending presentations intended to help projects in the Cosmos ecosystem make the best use of what Cosmos Hub has to offer. <a href="https://www.benzinga.com/fintech/22/09/28973118/interview-cosmos-is-building-an-interchain-future-with-new-features-and-tokenomics-to-be-announced-a">Cosmos recently teased</a> in an interview that it will introduce improved interchain security that can be used by projects in the ecosystem.</p> <p>The <strong>EOS Network</strong> (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eos/usd">EOS</a>) Foundation (ENF) <a href="https://eosnetwork.com/blog/a-new-era-begins-with-community-run-framework-antelope/">announced</a> that it is merging EOS with Telos, Wax&nbsp;and UX Network, &ldquo;combining resources into a coalition of blockchains with a shared codebase.&rdquo;</p> <p>&ldquo;UX Network is a blockchain made for grown-ups &ndash; ready to scale to enterprise use cases and offer the security, speed, and price consistency for transactions that are needed to run a business and serve Web3 customers,&rdquo; said<strong> Daryn Soards</strong>, CEO of UX Network. &ldquo;The launch of ...</p><p><a href=https://www.benzinga.com/fintech/22/09/29083525/kevin-oleary-and-jordan-belfort-welcome-crypto-regulation-to-stabilize-the-crypto-market alt=Why Kevin O&#039;Leary, Jordan Belfort Welcome Crypto Regulation>Full story available on Benzinga.com</a></p> $ADA $ATOM $EOS $ETH $SOL $USDC Cryptocurrency ETH Fintech Jordan Belfort Kevin O'Leary Top Stories Markets Interview ETH $ETH $EOS $ADA $SOL $USDC $ATOM Cryptocurrency Fintech Top Stories Markets Interview Benzinga Thu, 29 Sep 2022 22:03:07 +0000 Justin Roberti 29083525 at https://www.benzinga.com BENZINGA TV EXCLUSIVE: When Will The Fed Stop Hiking Interest Rates? https://www.benzinga.com/market-moving-exclusives/22/09/29084314/benzinga-tv-exclusive-when-will-the-fed-stop-hiking-interest-rates <p>On today&#39;s (Sept. 29) episode of the &quot;<a href="https://www.youtube.com/playlist?list=PL4k0fH8EgI3ZH5e_UY6umvQnfdQuMK-oP"><strong>Stock Market Movers,</strong></a>&quot; host <a href="https://twitter.com/metabitz">Mitch Hoch</a> speaks to <strong>Lance Robert, c</strong>hief strategist for <strong>RIA Advisor</strong>, to find out his thoughts on the bear market, ...</p><p><a href=https://www.benzinga.com/market-moving-exclusives/22/09/29084314/benzinga-tv-exclusive-when-will-the-fed-stop-hiking-interest-rates alt=BENZINGA TV EXCLUSIVE: When Will The Fed Stop Hiking Interest Rates?>Full story available on Benzinga.com</a></p> analyst reviews Benzinga TV Fed Stock Market Movers Stock Market Update The Fed Top Stories Market-Moving Exclusives Exclusives Markets Analyst Ratings Media Interview Top Stories Market-Moving Exclusives Exclusives Markets Analyst Ratings Media Interview Benzinga Thu, 29 Sep 2022 19:58:10 +0000 Asli Tolon Coskun 29084314 at https://www.benzinga.com Psychedelics To Treat Addictions: 'Patients Arrive Dragging Chains And Leave Making Jokes,' Says This Expert https://www.benzinga.com/markets/cannabis/22/09/29040682/psychedelics-to-treat-addictions-we-have-patients-who-arrive-dragging-chains-and-leave-making-jo <p><em><strong>By <a href="https://elplanteo.com/author/franca-quarneti/">Franca Quarneti</a>, via <a href="https://elplanteo.com/marco-algorta-bienstar-wellness-psicodelicos-latinoamerica/">El Planteo</a></strong></em></p> <p>&quot;<strong>Latin America is so ready for psychedelics: the fourth country in the world with the most scientific publications on psychedelics, after the United States, Canada, and the United Kingdom, is Brazil.&quot; Thus began Marco Algorta</strong>&#39;s presentation at Latam Cann.Biz, a conference organized by <a href="https://elplanteo.com/">El Planteo</a> in Panama early in September. Algorta is the CEO of <a href="https://bienstarwellness.com/">Bienstar Wellness</a>, a company focused on bringing alternative mental health treatments to Latin America, and the first president of the Chamber of Medicinal Cannabis Companies of Uruguay.</p> <p>In addition, &ldquo;if we compare its G.D.P., in total,<strong> <a href="https://www.benzinga.com/markets/cannabis/22/09/28977233/cannabidiol-treatment-controls-degenerative-disease-in-a-former-brazilian-boxer-here-are-the-det">Brazil</a> is the country that devotes the highest percentage of its wealth to learning about psychedelics</strong>,&rdquo; Algorta added.</p> <h3>The Importance Of Guides For Psychedelic Experiences</h3> <p>In tune with the discussions that are taking place on psychedelic therapies worldwide, <strong>Algorta stressed the relevance that guides have in these experiences. &quot;Let&#39;s remember that for 5,000 years the use of psychedelics</strong> (except in the &#39;60s and &#39;70s) has <strong>always been with a guide</strong>: in <a href="https://elplanteo.com/4-culturas-indigenas-psicodelicos/">pre-Columbian cultures</a>, there was always a shaman, in the Amazon ...</p><p><a href=https://www.benzinga.com/markets/cannabis/22/09/29040682/psychedelics-to-treat-addictions-we-have-patients-who-arrive-dragging-chains-and-leave-making-jo alt=Psychedelics To Treat Addictions: &#039;Patients Arrive Dragging Chains And Leave Making Jokes,&#039; Says This Expert>Full story available on Benzinga.com</a></p> Bienstar Wellness Cannabis El Planteo.com LatAm Cann.BIZ Marco Algorta Exclusives Markets Interview Cannabis Exclusives Markets Interview Benzinga Thu, 29 Sep 2022 18:05:44 +0000 El Planteo 29040682 at https://www.benzinga.com Wu-Tang Clan's Raekwon & NBA Star Chris Webber Talk Weed: Cannabis 'Can Unlock Superpowers' https://www.benzinga.com/markets/cannabis/22/09/29079469/wu-tang-clans-raekwon-nba-star-chris-webber-discuss-their-new-cannabis-venture-an-airbnb-model-f <p>Corey Woods, better known as <a href="https://elplanteo.com/raekwon-chris-webber-cannabis-compliments-chef/">Raekwon</a> &ldquo;The Chef,&rdquo; original founding member of the legendary hip-hop collective Wu-Tang Clan, recently launched his own cannabis brand in the Michigan market through an exclusive rights deal with Players Only, a luxury cannabis brand created by <a href="https://elplanteo.com/estrellas-nba-nfl-dolor-marcas-cannabis/">NBA</a> Hall-of-Famer and entrepreneur&nbsp;Chris Webber.</p> <p>Named after the man himself, Compliments of the Chef is a curated selection of some of the most exquisite cannabis that he&rsquo;s found across the U.S. Rae explains he looks for unique color, taste and smell, but is also very interested in the story behind each cultivar.</p> <p>Compliments of the Chef is the result of a partnership between the rapper and CitizenGrown, a technology and mission-based startup first&nbsp;featured on Forbes in 2020. The company has a unique business model: It creates automated boxes that allow regular people to grow premium cannabis at home. The vision is equally cool: the team wants to place these boxes in the homes of deserving &ldquo;Citizens,&rdquo; those most impacted by the War on Drugs and other socio-economically challenged people, and then share the profits of each harvest with them.</p> <p>&ldquo;It&rsquo;s incredible to see where <a href="http://elplanteo.com/cannabis">cannabis</a> is going and how people are beginning to see how it can unlock superpowers like it has in my life. With Compliments, with the mission of CitizenGrown, with the thoughtfulness of Players Only, we hope to shepherd in more and more artistry, creativity and love of the game,&rdquo; Rae explains during an exclusive interview.</p> <h3><strong>The Threads That Make Up The Webb</strong></h3> <p>The alliance between Chris Webber&rsquo;s Players Only brand and Raekwon&rsquo;s Compliments of the Chef brings together two longtime friends who share the same values regarding the future of cannabis and its ability to create a meaningful impact in the Detroit community.</p> <p>&ldquo;I&rsquo;m incredibly proud to work with my brother Raekwon,&rdquo; says Webber. &ldquo;Our team is committed to helping amplify his Compliments of the Chef product offerings through Players Only in a truly innovative way. Both Raekwon and I share similar visions for uplifting our respective communities and establishing blueprints for cannabis entrepreneurship, so we look forward to ...</p><p><a href=https://www.benzinga.com/markets/cannabis/22/09/29079469/wu-tang-clans-raekwon-nba-star-chris-webber-discuss-their-new-cannabis-venture-an-airbnb-model-f alt=Wu-Tang Clan&#039;s Raekwon &amp; NBA Star Chris Webber Talk Weed: Cannabis &#039;Can Unlock Superpowers&#039;>Full story available on Benzinga.com</a></p> Cannabis Chris Webber contributors Players Only Raekwon Wu-Tang Clan Markets Interview Cannabis Markets Interview Benzinga Thu, 29 Sep 2022 17:22:30 +0000 Javier Hasse 29079469 at https://www.benzinga.com 'Hard To Justify Valuations Going Back': NewEdge Wealth's Cameron Dawson Sees More Downside Ahead For S&P 500 https://www.benzinga.com/analyst-ratings/analyst-color/22/09/29060161/hard-to-justify-valuations-going-back-newedge-wealths-cameron-dawson-sees-more-down <p><strong>Cameron Dawson</strong>, chief investment officer at NewEdge Wealth, joined Benzinga&#39;s<a href="https://www.youtube.com/watch?v=BHh05vV666c"> PreMarket Prep</a> on Wednesday morning. Dawson discussed why retail investor sentiment is still too bullish and why the S&amp;P 500 may still have significant downside ahead.</p> <p><strong>Retail Investor Sentiment:</strong> Dawson said the percentage allocation to stocks in retail investors&#39; accounts is still historically high at around 67%, which doesn&#39;t bode well for the <strong>SPDR S&amp;P 500</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/spy#NYSE">SPY</a>) outlook.</p> <p>&quot;Usually during major market meltdowns, they go down to 40% or 45%. That&#39;s the wall of worry that gets built. That&#39;s why you get good returns on the other side of corrections,&quot; Dawson said.</p> <p><em>Related Link: <a href="https://www.benzinga.com/markets/bonds/22/09/29054313/bank-of-england-begins-purchasing-u-k-bonds-to-stabilize-market-10-year-u-s-treasury-rates-hit-4">Bank Of England Begins Purchasing UK Bonds To Stabilize Market, 10-Year US Treasury Rates Hit 4%</a> </em></p> <p>Dawson noted that there is evidence to believe the S&amp;P 500 may be oversold in the near-term, but she said the data suggests the worst may still be yet to come longer-term.</p> <p>&quot;Yes, there is a lot of bearish ...</p><p><a href=https://www.benzinga.com/analyst-ratings/analyst-color/22/09/29060161/hard-to-justify-valuations-going-back-newedge-wealths-cameron-dawson-sees-more-down alt=&#039;Hard To Justify Valuations Going Back&#039;: NewEdge Wealth&#039;s Cameron Dawson Sees More Downside Ahead For S&amp;P 500>Full story available on Benzinga.com</a></p> Analyst Color Cameron Dawson NewEdge Wealth PreMarket Prep SPY Short Ideas Analyst Ratings Trading Ideas Interview SPY US78462F1030 Analyst Color Short Ideas Analyst Ratings Trading Ideas Interview Benzinga Wed, 28 Sep 2022 18:51:51 +0000 Wayne Duggan 29060161 at https://www.benzinga.com