September 2022



Let’s get started with the basics – What is Grow and Share?

This mobile-friendly web application allows cannabis enthusiasts to learn, meet like-minded individuals, and find the best prices for cannabis, cannabis accessories, and cannabis lounges. In addition, Grow and Share is the first and only free way for cannabis enthusiasts, including growers and consumers purchasing from legal dispensaries, to share and acquire strains.

Is this a website, mobile phone app – where can Canadians download it?

The app is currently a mobile-friendly web application, all members need to do is create a free account at  We are in the process of developing a mobile application which will be available on the IOS and Android app stores.

I feel like if you want to share your craft today as a home grower you really need to connect with people on Instagram, maybe reddit, but there’s not really a central community.  Why do you think it’s important to provide a place where people can share their craft in Canadian cannabis?

In addition to allowing growers to share their strains, Grow and Share allows consumers to share strains they legally purchase from dispensaries. Since growers often have a surplus of one or two strains and buyers do not wish to be locked into one strain, Grow and Share was developed so enthusiasts can try new strains for free.

Finding cannabis enthusiasts willing to share their various strains via social media can be challenging. Additionally, it can be a daunting task to ensure the strain you receive is advertised correctly, the quantity is accurate to what is being offered, and the the person you are receiving the strain from will not keep you waiting. 

The community review system built into Grow and Share will assist in qualifying members as reputable sharers. 

Grow and Share is a creative twist that adds value to the cannabis connoisseur and cultivar community.  It really seems to be a good platform to connect with other cannabis lovers who are looking for a little more about their cannabis.  Tell us how long ago you got started, where the idea came from and how it came to flower into what it is today?

Growing, acquiring, and advocating cannabis as well as being a serial entrepreneur, it became evident to me that Grow and Share platform was required.

 I became increasingly frustrated with the difficulty and inability of finding cannabis connoisseurs through social media to share my strain and acquire the strain I desired. As all cannabis enthusiasts know, having our favorite strain is wonderful, but sometimes we need something different, and why should we be required to spend more money to acquire it? 

With almost three years of hard work, endless hours of research, and AB tests, I realized I wasn’t the only person feeling this way. I launched my business in early September and have been promoting my business through social media, street advertising, and search engine optimization.

This gives me the feel of a hybrid between Facebook Groups and Leafly.  Give us the breakdown of what exactly the app is and what users can do on it and it’s core value for Canadian stoners?

Grow and Share has created a community for cannabis growers and enthusiasts to communicate, interact and perhaps even bond over their shared love of the herb.

People who sign up for the Grow and Share community can link and share strains and knowledge with other cannabis enthusiasts and find cannabis retailers, including dispensaries, head shops, seed stores, and cannabis lounges.

The App/website will also assist cannabis retailers in reaching their target market and share knowledge with consumers to improve their understanding of cannabis and the culture.

very few places are wholly dedicated to discussing cannabis, fewer to providing free marketing for retailers, and none offer cannabis sharing. 

Apart from learning about cannabis and connecting with like-minded individuals, there are plans to hold various cannabis-related events. Moreover, we have launched the first of many subsidiaries, called TokandTalk. It allows members of the community to discuss cannabis, ask questions, and form private groups.

Which types of cannabis consumers are going to benefit the most from using Grow and Share?

Grow and Share does not discriminate against cannabis enthusiasts as a community-based application. Whether you are a grower or a buyer, we are confident that Grow and Share will benefit you. 

This seems like a good way to connect cultivars to exchange genetics and get access to sought after strains without paying an arm and a leg, is this a use case that’s been popular thus far?

As a result of the recent launch, many shares have occurred, not only between cultivators but also between cultivators and buyers, as well as buyers to buyers.

Is there an option for home cultivars or small batch growers to connect with larger growers and form relationships in which strain hunters can make some passive income licensing out new genetics?

Without giving too much away, we have major plans for home cultivators and small-batch growers to become recognized by large licensed producers. 

Is this more of a local exchange focused platform, or does it encourage users to share strains that might not be available in their province, and how can you see this adding value for producers trying to get a feel for demand in specific regions?

Grow and Share is currently working on helping cannabis enthusiasts acquire strains from like-minded connoisseurs within their cities and nearby cities. Having said that, members may decide to share strains with individuals outside of their province, and this is another reason for the community review system, ensuring members are dealing with a reputable sharer. 

Members can search within a different location to find strains that they may not be able to find locally, and have it shipped, as long as it was purchased legally or homegrown.

Which communities are you actively expanding in or which provinces and cities can we expect to see users pop up?

We first launched out of Toronto, Ontario but with our social media reach and help from the cannabis community, we are pushing to get the name out to all provinces. The more the community spreads the word about Grow and Share, the better it will be for all of us cannabis enthusiasts.

Can we expect to see you at any events in the future?

Our plan is to attend: 

  • KIND Winter Fair
  • Where: Toronto 
  • Dates: December 7th and 8th 2022
  • CannExpo
  • Where: Toronto
  • Dates: March 24th-26th, 2023 

It is the Grow and Share team’s current endeavor to organize an event for consumers, industry professionals, and newcomers to the industry. This event will be held on an ongoing basis during the colder months, giving everyone something to look forward to. As the event progresses, we will share more details.

Any last words for EXTRACT readers?

Join and sign up for the forum at

Read our articles, share your product and interact with the community. We look forward to seeing you on our platform.

  • Contact Details:
  • Business Name: Grow and Share
  • Contact Name: Michael Bryden
  • Contact Email:
  • Address: 1 King ST W Suite 4800-246
  • Country: Canada 

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Having new, refinished floors is something that we all want, but what does the process involve?


One of the most common questions that people have, when they explore the possibility of refinishing their floors, is whether they can stay in their home while the refinishing process is underway.


In this post, we will cover everything you need to know about the refinishing process and let you know how to stay in your home during it. Let’s get started!

Table of Contents

The Short Answer

The short answer to this question is yes, you can stay in your home while your floors are being refinished! In fact, many people choose to do so because it is more convenient than finding alternative accommodations. Hopefully, this gives you some peace of mind as you enter this process!

Things to Keep in Mind

Of course, there are a few things that you should keep in mind if you decide to stay in your home during the refinishing process.

First, make sure that you have a plan in place for dealing with the dust that will occur during the sanding process.


You will also want to be prepared for some noise and odors, as well as make sure that you have a safe place for your pets and children to stay during the process.

Assuming you are prepared for these things, staying in your home while your floors are being refinished should be no problem!

What Does the Refinishing Process Involve?

Now that we’ve answered whether you can stay in your home during the refinishing process, let’s take a more detailed look at what that process involves.

There are four key steps to refinishing your floors:


  • Preparing the floors
  • Sanding the floors
  • Staining the floors
  • Applying a finish to the floors

Let’s take a more detailed look at each of these steps:

Preparing the Floors

The first step in refinishing your floors is to prepare them for sanding. This involves removing any existing finishes, waxes, or sealants that are on the floor.

Sometimes, it may also involve repairs, such as filling in holes or cracks. Once the floors get treated for these minor annoyances, they are ready for sanding.

Sanding the Floors

The next step is to sand the floors. This is done with a heavy-duty floor sander. The purpose of sanding is to remove the top layer of the wood so that a new finish can get added.

During this process, it is important to sand evenly to avoid creating any unevenness on the floor. Once the floors get sanded, they are ready for staining.

Staining the Floors

The third step in refinishing your floors is to apply a stain. This is done with a brush or roller. The stain will give the floors a new color and can also help to protect them from damage.


Once the stain gets applied, allow some time for drying before the next step.

Applying a Finish to the Floors

The fourth and final step is applying the finish. This is done with a roller or sprayer. The finish will protect the floors from damage and wear.

It will also give the floors a shiny, new appearance. Once the finish has gets applied, allow time for drying before using the floors.

Tips for a Successful Refinishing Project

Now that we’ve gone over the basics of the refinishing process, let’s look at some tips that will guarantee successful outcomes.

Hire a Professional

AdvertisementsThe first tip is to hire a professional. Given this is not a small project, you need to make sure the project is successful.

Hiring a professional, after careful due diligence, ensures that your floors will look their best.

Follow the Instructions

The second tip is to follow the instructions. The refinishing process is complex, and it is important to make sure that you follow the instructions carefully.

Failure to do so could cause damage to your floors.

Be Patient

The third tip is to be patient. The refinishing process takes time, and it is important to make sure that you allow the floors to dry completely before using them.

Enjoy Your New Floors

The fourth and final tip is to enjoy your new floors. Having new floors is also an opportunity to create a new look for your home.

Take the time to enjoy your new floors and be sure to show them off to your friends and family!

How to Help Your Contractor

If you have hired a contractor and you will stay in your home during the process, there are a few things that you can do to help your contractor finish the job quickly and efficiently.

Clear the Area

The first thing that you can do is clear the area. This means removing all furniture and other items from the room or rooms where the work will take place.

This will give your contractor plenty of space to work and it will also protect your belongings from dust and debris.

Trust me on this. Make their life easy and they’ll do wonders for your floors.

Prepare the Floors

The second thing that you can do is to prepare the floors. This means sweeping or vacuuming the floors to remove any dirt or debris.

It also means moving any rugs or mats that might be in the way. Preparing the floors will help your contractor to work more quickly and efficiently.

Be Flexible

The third thing that you can do is to be flexible. This means being willing to adjust your schedule to accommodate the work that needs to be done.

AdvertisementsFor example, if your contractor needs to work during the day, you may need to decide on your options for childcare.

Let’s Recap

In this article, we have discussed the basics of refinishing your floors. We have also looked at some tips for a successful outcome. Finally, we have discussed how you can help your contractor by preparing the area and being flexible.

Refinishing your floors is an extensive project, but it is also an opportunity to create a new look for your home. With a little planning and preparation, you can ensure that you did the job right and that your floors will look their best.


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The chief executive officer of the Binance crypto exchange confirmed that the exchange is now excited to provide crypto services in the crypto Industry of New Zealand.

Binance is a popular crypto exchange. Due to better & secured crypto services, exchange is ranks at 1st rank in the crypto space in terms of 24 hours global crypto trade volume on this platform. 

Binance scores regulatory win in New Zealand 1

On 30 September, Changpeng Zhao, CEO & founder of Binance, informed his Twitter followers that Binance received regulatory approval in New Zealand to provide crypto financial services.

Through the attached video clip in the Twitter post, Zhao said that New Zealand is an interesting digital asset market which had a strong past of fintech innovation. Further, he said that and Binance team in New Zealand is working with full hard work to bring better services to the crypto Investors.

“Our team of Binancians in New Zealand is working hard to bring the freedom of crypto to Kiwis.,” Zhao said.

In the recent few months, Binance successfully received regulatory approval in France, Italy, Spain, Dubai, Abu Dhabi, and Bahrain. 

Binance (BNB) Ecosystem

Binance exchange has its own crypto ecosystem, where people can trade with their crypto assets in centralized (Binance) & decentralized (Trust wallet) mediums. Binance Exchange operates its blockchain network (Binance Smart Chain or say BSC). 

BNB is the native token of the BSC network and the current price of the BNB Coin is $287, which is only 2% higher over the last 24 hours’ trade price. 

Binance CEO himself only holds Bitcoin & BNB, once in an interview he disclosed his minor crypto holding details and said that he doesn’t hold any kind of other meme or any smart contract blockchain asset.  

Read also: Swiss central bank official says CBDC can play a better role in Defi over stablecoins


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If you’re not making price changes today, you may not be in business tomorrow. That’s the stark reality of a market plagued by higher-than-normal inflation and supply chain issues. When cost outruns the shelf price, retailers who fail to keep up may run out of cash, making a solid pricing strategy essential for survival. To learn how retailers are coping with pricing, Hardware Retailing spoke with three retailers who have built strategies that have helped them weather the pricing storm of the past few years. They offer four key components of an effective pricing strategy and a positive price image.

Review Retails Regularly

This year, inflation has caused prices in the home improvement industry to change frequently, sometimes as often as weekly. That’s a shock for an industry where, in the past, retailers may have gotten by with relatively few price changes or low inflation every week. Jeff Pardini, owner of Hills Flat Lumber with two locations in northern California, says making price adjustments isn’t optional if you want to stay in business.

“If you haven’t raised your price and you can’t replace your inventory because your new cost is higher than your retail, then you’re not going to have the money to restock or pay your people or even pay the power bill,” Pardini says.

With the exception of tariffs, the hardware market has been nearly inflation-free for almost 10 years, but now Pardini says there are at least four to five times more price changes as there were a few years ago. He reviews and updates prices at least once a week. Lately he’s been sending out as many as 800 price changes per week for each of his two stores.

As both a retailer and a software developer, Brad Green has spent his career thinking about pricing strategy and helping retailers understand the impact even small price adjustments can make to the bottom line. He owns two home improvement stores, West Branch Ace Hardware and Standish Ace Hardware in Michigan, and is the creator of the Margin Master pricing software. He says that many retailers have long struggled with pricing, and the current state of inflation will make matters even worse.

“First, lose the assumption that everything is priced correctly in your store,” he says. “Pricing for most retailers is a mess, and it’s costing them 2% or 3% profit simply because prices are not where they should be. And you can’t make up the profit you’re losing, for example, by cutting more keys; you need to update your retails to a proper price point.”

Matt Meyer owns Meyer Ace Hardware and just added his fifth location in northern Michigan. He made the move to clean up his pricing structure a few years ago, which gave him a better foundation to deal with the avalanche of pricing challenges that started in 2020.

“We hired a consultant to help us rebuild our pricing strategy, top to bottom,” he says. “As part of the process, we installed a pricing software that helped us better control our prices and maximize our margins across the board.”

Once the system was set up, ongoing maintenance was easier, and he’s been able to get his staff into a regular pattern of making price changes. He downloads price changes from his co-op every Monday, gives his staff a couple of days to make the changes on the shelf and then finalizes the changes in his POS system. He says it’s important to keep up with it, because missing even one week can put an extra burden on the staff. Getting prices on the shelf can be where many retailers have trouble.

One of the most common complaints Green hears from other retailers is that they don’t have time to change prices. To compound the issue, it’s hard enough to find enough staff to wait on customers, let alone change the bin tags for a price adjustment. However, not changing the prices is costing you significant profit dollars and can also lead to customer confusion if the price on the shelf doesn’t match the price at the register. If you’re short staffed or can’t get the changes done during regular store hours, you may need to ask employees to stay after for a couple of hours and pay them for the extra time.

“Get creative and make it fun,” Green says. “Maybe buy them pizza or a movie ticket. It’s amazing how many bin tags a handful of people can change in a couple of hours. Not changing those prices is costing you thousands of dollars, so whatever it takes, you have to get it done.”

Review Your Pricing Strategy

Higher cost of goods, higher expenses due to inflation and rising labor costs are just a few of the reasons why, more than ever, retailers need to be savvy about their pricing. If it’s been a while since you reviewed your overall pricing strategy, take the time to analyze every department in your business to make sure you’re maximizing your margins. But don’t use the same pricing strategy for every department.

“You can’t paint the whole store with the same pricing strategy,” says Meyer. “There are some areas where you want to be more competitive. You have to look at your business department by department. You can often make more margin on lower priced items, like drill bits for example. Make sure you’re also using a rounding strategy that will give your margins an extra boost. Rounding up even by 10 cents on an item can add a lot of money to your bottom line.”

Make sure you’ve kept up with any changes in the competitive landscape around you, too. Using suggested retail prices is a good start, but you may choose to adjust the prices based on your goals for a particular department. “Too many retailers blindly follow suggested retail price,” Green says. “But there are many unique pricing opportunities and challenges in every market. Implementing an intelligent market-driven pricing strategy will deliver an improved bottom line. Establishing pricing that achieves your desired profit levels is the most important role in a retail operation.”

There may be areas where you need to maintain a thin margin to stay in line with competitors on price-sensitive items. However, there are also many areas where you can improve margins without affecting your pricing image.

“Everyone is looking at prices more, but there are some items where it doesn’t really make a difference,” Pardini says. “If you’re not sure if a particular item is priced right, then ask five different people on your staff what the price should be. If you get five different answers, then it’s a good bet your customers don’t know what the price is either. And if your customers think the price is too much, they’ll let you know. In the meantime, don’t undervalue your business by keeping your prices too low.”

Pardini suggests retailers use a price management software such as Green’s Margin Master to keep up with price changes and identify margin opportunities. Many times, price changes will be incremental and customers may not even notice. When Green and Pardini talk about raising prices, they’re not talking about gouging customers. Rather, they suggest strategically adding even a few pennies or dimes to the price on selected items, which will make a big difference for the business.

“I think pricing is critically important. If retailers had a way to drive another 3% or 4% to their bottom line by something other than pricing management, they would do it,” Green says. “They’ve already squeezed their expenses to the max, and there’s not a lot of other places to turn for margin improvements. But a small 5 cent or 10 cent change in price adds significantly to the bottom line.”

Have a Price-Matching Policy

Even if you’re making weekly price changes and the cost on the shelf is higher than it’s ever been for consumers, it is still important to maintain your competitive price image. Inflation is hitting all home improvement retailers equally and big-box retailers will also be raising their prices to stay profitable. As it has always been, using a price-matching guarantee will be one of the best ways to level the playing field and survive today’s pricing challenges.

“Many retailers may be fearful of it but it’s important they get past it; hang up a banner in your business that says you’ll match anyone’s price,” says Green. “Home Depot and Lowe’s both do that, and in fact say they’ll beat a competitor’s price by 10%. Don’t be afraid to do that too. If we were to track how many times a customer actually asked to match a price, it’s not very often.”

When a customer does challenge your price, then match it, even if you make little or no margin, he says. If the customer wants you to match the price on an item that is not the same as what you sell, for example if it’s a different brand or model with different features, then take the time to explain the quality differences between your product and the competitor’s. Put the focus on the quality of the product rather than the price. Even when the price match seems unjustified, don’t send the customer away upset and without the product, because they may never come back. By rejecting their price match request, you will have solidified in that customer’s mind the impression that your prices are too high, especially if they visit a discount retailer and start comparing all of your prices. The cost of losing that one customer, who is sure to tell their friends about their experience, is more than a few dollars lost on a single product.

Instead, says Green, maintain your price image the same way the big boxes do. Price match, but also utilize good merchandising techniques such as endcaps, dump bins and impulse displays. Look for margin opportunities wherever you can but also make sure you are priced right on all of the price-sensitive items. Since you have a price-matching policy, customers will perceive you are priced competitively. The amount of price competitive leverage you can gain with a price-matching policy far outweighs any money you may lose on a single transaction.

Win on Service

Customers want low prices, quality and service. Pardini says most retailers offer a combination of competitive prices, outstanding customer service and quality products, but at the end of the day, one or two of those three will rise to the top as what sets you apart. Hills Flat Lumber has been in business for more than 100 years, and over that time span, he says they’ve tried a variety of tactics to appeal to the customer. They’ve had the most success striking a balance that leans toward service, which usually wins out over price in attracting repeat customers.

“In the past, we’ve tried carrying cheap lumber, and we usually just ended up with unhappy customers and piles of junk lumber we couldn’t sell,” he says. “It doesn’t matter how cheap the price is if the quality is so bad the product is unusable, and if the service level is bad, it doesn’t matter how good the quality or how low the price. We feel we need to be reasonable on the price, but let quality and service lead.”

Customers who find good customer service and a quality product at your business will return. Most will expect to pay a slightly higher price in return for that shopping experience. In the end, a healthy retail strategy should be value-based rather than price-driven.

Pardini continually looks for ways to strengthen the value proposition he offers customers. He encourages retailers to think about what service means to their customers. It might mean extending your business hours or offering convenient parking. You may need to do online sales better than anyone else or offer free delivery. Hill Flat Lumber offers free delivery and installation on the appliances they sell, which is a service others in the market don’t offer. Even during a time of high inflation, value will still make a difference when customers choose where they will shop.

“When a customer pulls out of their driveway and heads for the hardware store, they’ve already made up their mind where they are going,” says Green. “They could turn one way and go to the big-box or turn the other and go to your store. They’re coming to the independent retailer, maybe expecting to pay a premium price, but they are also expecting you to call them by name, ask about their kids and ask them how you can help them. That’s why they‘re coming to you. If they were only looking for the cheapest price, they could order it on Amazon and have it tomorrow.”


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Thomas Moser of the Swiss central bank said that Central Banks backed digital Currencies may push Decentralized Finance (Defi) into mainstream adoption.

At present, the majority of the Central Banks are either studying or developing their centralized “Digital Currency” or say CBDC, to achieve modernization in the traditional banking technology. In the race of CBDC development, China is at the top, which is currently in the initial phase of the rollout of the Digital Yuan, or e-CNY. 

Recently Thomas Moser, a governing board member at the Swiss National Bank (SNB), stated that Central Banks may play an important role to push the adoption of the Defi industry via the use of Central Bank Digital Currency (CBDCs). 

Thomas said that Central Banks may provide CBDC as a more stable & less risky asset, an alternative to Stablecoin, to use in the Defi sectors. 

Swiss Central Bank official explained that the origin of stablecoins was only to provide ease for the Defi sectors and also happened same. 

Further, Thomas said that Centralized digital Currencies can work together with Decentralized platforms (Defi Protocols) and it is not a bad thing. 

The Central Bank official also emphasized looking toward the success of Centralized digital Currencies, or say stablecoins. He said that almost all top stablecoins like USDT and USDC are also centralized and there are the most popular stablecoins in the Defi sectors.

Therefore, ‘something centralized’ has already helped Defi quite a lot,” the SNB official stated.

Moreover, official explained that CBDC could be a better alternative over USDT or USDC like stablecoins because CBDC will not bear any kind of risky nature in terms of backed value.

“CBDC would entail lower risks for Defi than a redeemable stablecoin because central bank money “does not entail counterparty risk,” the official said. “A central bank cannot go bankrupt, since it issues irredeemable money.

Thomas also pointed toward the algorithmic concept-based stablecoins like failed stablecoin Terra USD and said that CBDC could provide more stability and lower risks than stablecoins.

Read also: Ethereum co-founder says Cardano, Polkadot & Cosmos are solving real problems


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Anthony Di Lorio appreciated the development works by the leading crypto project teams of this crypto industry, alongside the development works in Ethereum & Bitcoin blockchain ecosystem.

Anthony Di Iorio is a Canadian entrepreneur, early Bitcoin investor & popularly known as co-founder of the second biggest crypto asset project Ethereum. Di Iorio is also founder and CEO of the blockchain company Decentral, which was founded by him in 2014. 

On 28 September, Anthony Di appeared in an interview with Kitco News, and in the interview he disclosed that he is keeping his eye on three leading smart contract blockchain projects alongside Bitcoin & Ethereum investment.

In particular, Anthony Di said Polkadot (DOT), Cardano (ADA), and Cosmos are working to solve real problems. 

“I’ve always been enthused with Polkadot. I’ve been enthused with Cosmos. I’ve been enthused with seeing what Cardano can do. Each one of them has what I’ve seen as potential limitations.”

Ethereum co-founder said that he is not working or looking inside the backend development works by these leading smart contract blockchain teams because he doesn’t have any time for these things. 

Further Ethereum co-founder explained that such leading blockchain development works may face failures but that also will be a lesson for us to learn from past maitakes. 

On Ethereum’s blockchain merge to Proof-of-stake blockchain consensus, Anthony Di said that he is worried because of the centralization risk which is associated with the Ethereum Proof-of-stake network. 

“I’m concerned with centralization risks of proof of stake. I think right now, it’s been shown that there’s only two addresses or something that are accounting for almost 50% of all validating that is happening.”

In particular, Ethereum co-founder pointed toward the high staking power of big exchanges, which may not be a good thing for a crypto network’ decentralized nature. Further, he said that no one was aware of these centralization issues but these are going on.

Read also: FTX crypto exchange CEO was interested to contribute in Musk’s Twitter acquisition deal


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Reportedly, Sam Bankman-Fried (SBF) was planning to contribute to Elon Musk’s Twitter acquisition deal with a total of $5 billion fund.

On 14 April, Elon Musk proposed a deal to buy giant social media platform Twitter at a cost of approx $43 billion. Later Musk’ Twitter acquisition deal was accepted by the Board of the Twitter company but later Musk refused to buy Twitter. Musk said that there are huge numbers of fake/bot accounts active on Twitter and the company was not providing all the details behind these things.

Now Twitter is forcing Musk to buy Twitter and also Twitter initiated a lawsuit against Musk because Musk violated the legal acquisition contract with Twitter. 

On 29 September, Few reports pointed out the private text messages of Elon Musk & a legal advisor of FTX CEO SBF, which was disclosed recently in the Twitter vs Elon Musk court battle. 

According to the disclosed Text messages, in March of this year, Will MacAskill, a legal advisor of SBF, asked if there were possibilities whether the FTX CEO could join the Twitter acquisition deal. 

Will said:

“I’m not sure if this is what’s on your mind, but my collaborator Sam Bankman-Fried has for a while been potentially interested in purchasing it and then making it better for the world. If you want to talk with him about a possible joint effort in that direction.”

Musk responded and asked the wealth of the FTX CEO. In response, Well said that SBF had worth $24 billion and ready to spend $8-$15 billion on the acquisition. 

Later the discussion with the involvement of Michael Grimes, a head of global technology investment banking at Morgan Stanley, confirmed that FTX’s CEO was interested to contribute a total of $5 billion. 

Tesla CEO Musk responded to all those requests and indirectly said that he was not interested in SBF’s contribution. Musk said he doesn’t want a “laborious blockchain debate” with SBF.

Read also: Court orders the SEC to hand over “Hinman 2018 Speech” documents


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Here’s your PSA to not sleep on J.Crew fall finds! I love shopping J.Crew year-round, but their fall style really can’t be beaten. From quality blazers and great-fitting denim to petite-friendly trousers and cozy sweater blazers, I’m loving their current selection. Today I’m rounding up my recent fall looks featuring my J.Crew wardrobe staples. Read


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Gas prices are still high, but if you aren’t quite ready to switch to a fully electric car, the good news is that there are a growing number of plug-in hybrid (PHEV) models to choose from. Plug-in hybrids represent the best of both worlds with a limited electric range and a gas engine to keep you going once the battery is depleted. One good new option if you’re looking for a plug-in hybrid SUV is the 2022 Kia Sorento PHEV.

2022 Kia Sorento PHEV Review

The Sorento PHEV builds on the hybrid version with its larger battery that gives it 32 miles of electric range. The Sorento plug-in hybrid is powered by a 1.6-liter turbocharged four-cylinder engine and a 66.9-kW electric motor that are mated to a six-speed automatic transmission. The powertrain generates a combined 261 horsepower and 258 pound-feet of torque, which is a nice increase over the Sorento Hybrid with its 227 hp. All-wheel drive is standard on the plug-in hybrid.

The PHEV has a combined rating of 79 MPGe, when you’re mostly driving in electric mode, but its rating drops to 34 mpg combined once the battery is depleted.

Inside Sorento has something special that sets it apart from other rivals, like the Toyota RAV4 Prime or Ford Escape PHEV – a third row. In the non-luxury segment there aren’t many options if you want a plug-in hybrid SUV with three rows of seats. The main rival to the Sorento PHEV is the Mitsubishi Outlander PHEV, since it also offers three rows.

2022 Kia Sorento PHEV Review

The Sorento’s interior feels top notch with its high quality materials, family friendly layout and modern tech features. In front of the driver there’s a 12.3-inch digital gauge cluster and a 10.3-inch touchscreen is mounted in the center of the dashboard. A 12-speaker Bose audio system and rear-seat entertainment system are optional. Overall the Sorento’s interior feels a class above the Toyota RAV4 Prime with special details, like stitching on the doors and ambient lighting. Although there is a third row, we have to caution that it’s not really ideal for adults due to the limited legroom. With both rows folded there’s 75 cubic feet of cargo space, but with all three rows up there’s only 12.6 cubic feet of space. With every seat in the house taken, there isn’t much room for a weekend’s worth of gear.

How does it drive? The Sorento PHEV is a comfortable cruiser for the family. The powertrain is quiet, even at full throttle and the suspension does a good job by giving it a smooth ride. We wouldn’t call the driving experience sporty, but it’s competent and refined. The PHEV weighs 395 pounds more than the hybrid version, which eats away all of the extra power it has over the Sorento hybrid. So it’s no surprise that the Sorento PHEV is a tad slower than the hybrid version. If you are wanting more fun behind the wheel, then you should check out the RAV4 Prime with its 302 horsepower on tap.

One interesting detail is the fact that the Sorento’s drivetrain still firing up the gas engine even in situations where you aren’t mashing the pedal to the floor. Even with the battery fully charged, the Sorento acts more like a hybrid unless you press the EV button on the center console, which then forces it to only use the electric motor until the battery is depleted. Other plug-in hybrids usually use up all their electric range before the gas engine comes on.

It’s worth noting that the Sorento PHEV’s electric motor only generates 90 horsepower, so you can imagine how tough of a time it has getting the 4,500 pound SUV down the road on its own. This is why it won’t take much pressure from your foot to get bring the gas engine to life.

2022 Kia Sorento PHEV Review

The 2022 Kia Sorento PHEV is offered in just two trim levels: SX and SX-Prestige. The pricing starts at $44,990 for the SX and $49,065 for the SX-Prestige. Unfortunately due to the Inflation Reduction Act, the Sorento PHEV isn’t eligible for a federal tax credit since it isn’t assembled in the US.

With the addition of the PHEV, the Sorento’s lineup has something for everyone with two gas engine options, the hybrid and the new plug-in hybrid.


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The latest order by the US district court for SEC is indirectly showing that Ripple scores another win in the XRP lawsuit case. 

Ripple is a San Francisco-headquartered Fintech company that provides global payment services for small & big businesses. Indeed Ripple uses its centralized blockchain technology, XRP ledger. XRP is the native token of the XRP ledger and Ripple uses XRP global trade liquidity to provide cross-border payment services. Since December 2020, Ripple is under huge legal hurdles because of a lawsuit initiated by the US Securities regulatory body. 

On 29 September, District Court Judge Analisa Torres ordered the release of the documents which were written by William Hinman, who is a former SEC Corporation Finance Division Director. 

The mentioned document includes the statement of Hinman where he talked about the nature of Bitcoin & Ethereum and said that these are not under the Securities asset class. A similar kind of statement was also passed by Hinman at the Yahoo Finance All Markets Summit in June 2018. 

Ripple may score a win with “Hinman speech documents”

The documents, which include the statement of Hinman, may play a very important role in the XRP lawsuit because Ripple attorneys are planning to use the past statements of Hinman to prove that the XRP token is not a security. 

In the past, the US Securities and Exchange Commission (SEC) was forced by the Ripple company in the court to hand over the official document in which Hinman wrote about his opinion on the nature of Bitcoin & Ethereum but every time the SEC agency refused to produce the mentioned documents.

XRP Token 

The current price of the XRP token is $0.49 and this price is 11% higher over the last 24 hours’ global trade value.

Court orders the SEC to hand over "Hinman 2018 Speech" documents 1

Read also: Japan will prohibit Crypto use in money laundering with new laws


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