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TechX says portfolio cryptocurrency company Catalyx launches Canadian dollar-backed stablecoin on top-15 global exchange CADX is a multi-chain Canadian Dollar pegged stablecoin, meaning every CADX token is fully backed and redeemable for C$1.00 Catalyx.io first launched CADX in 2020 through a partnership with Seattle-based fintech company Stably TechX Technologies Inc (CSE:TECX) (OTC:TECXF) (FRA:C0B1) has told investors that it considers its investment in CatalX CTS Ltd (Catalyx) to be an early success after the company officially listed its Canadian cryptocurrency CADX on the Bittrex Global Exchange. CADX is a multi-chain Canadian Dollar pegged stablecoin, meaning every CADX token is fully backed and redeemable for C$1. Bittrex, its newest home, is one of the world s top 15 cryptocurrency exchanges in terms of liquidity. ....
Move over, cows: plant-based food is making a killing The market is becoming increasingly crowded as consumers are concerned about the health and environmental impact of their diets Oatly Group AB’s (NASDAQ:OTLY) stellar debut last week was a sign that the plant-based trend is much more than a fad, although experts say it will be another few decades before it takes over animal-derived products. Nonetheless, more and more companies are joining this crowded market, which is becoming increasingly competitive and more attractive for investors. There s even a dedicated cruelty-free fund, US Vegan Climate ETF (NYSE:VEGN). Brands are tapping into the new opportunity as nearly half of the world’s consumers are cutting their intake of animal-based products without following a strict vegan diet, according to Euromonitor. ....
The case has been joined by thousands of tobacco tenant farmers in Malawi, who allege that both of the companies are liable for negligence and have been unjustly enriched by systemic exploitation. According to Leigh Day, the London law firm representing the Malawian farmers, Imperial and BAT are facilitating “unlawful and dangerous conditions” in which the farmers and their families have been “trafficked from their villages, have to build their own homes, live on a daily small portion of maize, work 6am to midnight seven days a week, and have to borrow money to be able to feed their families throughout the season”. ....