Jambo, a leading builder of web3 mobile infrastructure, today announced its partnership with Lif3, the revolutionary omni-chain DeFi Layer-1 ecosystem, to offer millions of Jambo phone users in over 120 countries, with easier access to peer-to-peer crypto payments through the Lif3 mobile app.

Founded by serial entrepreneur and web3 investor Harry Yeh, Lif3’s strategic collaboration merges its innovative DeFi ecosystem with Jambo’s expertise in mobile technology tailored for emerging economies, facilitating developing countries’ access to the world’s financial market.

Emerging markets face unique challenges that require innovative solutions for real problems. In regions like Africa, where 57% of the ~1.5bn population remains unbanked and 50% without access to a smartphone, the collaboration between Jambo and Lif3 is designed to address these issues by providing secure, user-friendly access to real-time crypto payments.

This initiative will empower millions by facilitating enhanced connectivity, improved security, and streamlined access to digital financial services. Additionally, the Lif3 mobile app will be pre-installed on the JamboPhone, complemented by quests and educational programs to help users familiarize themselves with the new technology while earning rewards.

Speaking about the partnership, Harry Yeh, Managing Director of Quantum FinTech Group, said, “Lif3 is committed to unlocking financial opportunities for everyone, everywhere. By partnering with Jambo, we’re simplifying access to decentralized financial solutions, including crypto payments and AI-integrated solutions. This is a pivotal step toward bridging economic gaps and transforming lives in emerging markets.” Adding to this, James Zhang, co-founder of Jambo said, “In many regions across emerging markets, an entire family shares one smartphone and a family member can only use it for a few hours a day. Owning a JamboPhone opens up new possibilities–like discovering a new life. By embedding Lif3 directly within the Jambo ecosystem, we're making it easier than ever for users in emerging markets to safely and efficiently engage with the digital economy. The integration of Lif3 into the JamboPhone is a game-changer for crypto payments, opening new pathways to economic participation that were previously unimaginable.”

The partnership will feature pre-installed Lif3 apps on all JamboPhones globally, allowing users to get their crypto wallet instantaneously and engage in a host of DeFi features integrated within the Lif3 ecosystem. The initiative also plans to include educational programs to assist new users in navigating the web3 space safely and becoming savvy digital citizens.

The Jambo and Lif3 collaboration not only enhances access to digital technologies but also paves the way for financial inclusion in regions where traditional banking has been out of reach. This initiative directly targets the gap in financial services, aiming to bring the unbanked into the economic fold and ignite economic growth from the ground up.

About Jambo

Jambo (https://jambophone.xyz/) – The Most Globally Distributed DePIN Smartphone. Jambo's vision is to bring emerging markets on-chain through building the largest web3 mobile infrastructure network. Jambo is backed by investors globally, including Paradigm, Tiger Global, Pantera, Delphi and more.

Jambo is onboarding the next billion users to web3 with the JamboPhone 2, a premiere web3 Android smartphone starting at only $99 preloaded with the world of web3 at their fingertips. The Jambo Ecosystem is preinstalled on the phone and features web3 mobile games, wallets, payment infrastructure, and more.

About Lif3

Lif3.com is revolutionizing the blockchain industry with its omni-chain DeFi ecosystem and curated Layer-1 blockchain. The self-custody Lif3 Wallet, available on the App Store and Google Play, empowers users by unlocking the full potential of Web3, transforming consumer DeFi, Gaming, iGaming, music, entertainment, and more. $LIF3 is currently listed on Bitfinex, Bitmart, and MEXC.

About Quantum Fintech Group

Quantum Fintech Group is a private investment group founded in 2020, and is focused on providing superior returns in the alternative asset space focusing specifically on blockchain investments.

The MSTR chart is a perfect example of the importance of market timing. The MSTR stock did nothing for almost two decades! Imagine investing in it early and waiting 20 years to get a return.

If you want to have conviction in your ideas, you need to know what moves your stocks and position for that change. In the book “The New Market Wizards”, Stanley Druckenmiller said this in response to the question of how he evaluates stocks:

“When I first started out, I did very thorough papers covering every aspect of a stock or industry. Before I could make the presentation to the stock selection committee, I first had to submit the paper to the research director."

"I particularly remember the time I gave him my paper on the banking industry. I felt very proud of my work. However, he read through it and said, This is useless. What makes the stock go up and down? That comment acted as a spur."

"Thereafter, I focused my analysis on seeking to identify the factors that were strongly correlated to a stock's price movement as opposed to looking at all the fundamentals. Frankly, even today, many analysts still don't know what makes their particular stocks go up and down.”

His number one advice? Do not invest in the present. The present does not move stock prices. Change moves them.

MicroStrategy is basically a Bitcoin play, so you just need to know where Bitcoin is going to trade MSTR stock. No valuation analysis needed.

The catalyst for the latest rally? Trump's victory.

This is why waiting for the right catalysts is paramount. Not only does it tell you WHEN to trade, but it also gives you an IMMEDIATE feedback on whether you are right or wrong. That helps with knowing when to bet more and when to get out to keep your drawdown low.

0945 GMT / 0445 US Eastern time - Bank of England policymaker Catherine Mann is a panellist on the Female Central Bankers panel organised by BNP Paribas’ Global Markets

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The Bank of England cut last week

• Forexlive Americas FX news wrap 7 Nov: FOMC/BOE cuts by 25 basis points

Expectations are for slower cuts ahead:

• More gradual Bank of England rate cuts = support for GBP

European trading will be a bit of a snoozer as such with a lack of headlines. But perhaps we might get some interesting market moves to talk about in the run up to the US CPI report. USD/JPY is now inching just above 155.00 for the first time since end July while EUR/USD is looking heavy near the April low of 1.0601. Those will be two of the more interesting charts in play currently.

Elsewhere, US futures are pointing lower with gold back up slightly just above $2,600 and Bitcoin is down to below $87,000 after briefly brushing up against the $90,000 mark overnight. So, there are some mixed moves in there for the time being.

In terms of data releases, there's just the US MBA mortgage applications at 1200 GMT. With rates having shot higher post-election, that is likely to keep sentiment in a more dour spot after last week's report here.

As for euro area releases, there's nothing on the agenda for today.

The economy ministry notes that in light of the US election result, renewed uncertainty among German households and firms cannot be ruled out. It goes without saying that Trump tariffs on German exports is of course the big risk to watch out for. But indirectly, Trump's tariffs on China will also have some impact on the EU market. If China finds it tough to export goods to the US, they might look to flood the market in Europe instead. That's some other form of risk to be mindful about.

WASHINGTON, D.C. – Given broadcasters' integral role in educating the public on COVID-19 and vaccine deployment, the National Association of Broadcasters (NAB) has joined the COVID Collaborative, a national assembly of experts and organizations working on unified action against the COVID-19 pandemic. NAB President and CEO Gordon Smith will serve on the Collaborative’s National Advisory Council.

WASHINGTON, D.C. – In response to the Department of Justice's decision to take no action on the consent decrees governing the performance royalty organizations ASCAP and BMI, the following statement can be attributed to NAB President and CEO Gordon Smith:

WASHINGTON, D.C. – The National Association of Broadcasters (NAB) today announced the creation of an advisory committee to the NAB Board of Directors that will provide insights and suggestions on diversity, equity and inclusion (DEI) issues. The committee will consist of senior-level broadcasters who are women and people of color, and may include current NAB and NAB Leadership Foundation (NABLF) board members who are committed to advancing DEI issues in broadcasting.

WASHINGTON, D.C. – Today, the House Judiciary Subcommittee on Antitrust, Commercial, and Administrative Law is holding a hearing titled "Reviving Competition, Part 2: Saving the Free and Diverse Pres."

WASHINGTON, D.C. – NAB President and CEO Gordon Smith testified today before the Senate Commerce Committee's Subcommittee on Communications, Media, and Broadband at a hearing titled "Shot of Truth: Communicating Trusted Vaccine Information."

Washington, D.C. -- NAB Show Premiere will examine the future impact of edge technology on radio and television broadcasters during a session titled “Livin’ on the Edge: Advances in Computing and Networking to Drive Innovation in Broadcasting.” The session, which will air on Wednesday, April 21st at 3 p.m. ET and be available on-demand, will present a new study about opportunities created by wider adoption of edge technologies in the next three to four years.

Washington, D.C. – The National Association of Broadcasters (NAB) is now accepting nominations for the 2021 NAB Marconi Radio Awards and will be accepting submissions until May 31. Established in 1989 and named for inventor and Nobel Prize winner Guglielmo Marconi, the prestigious awards recognize overall excellence and performance in radio.

Washington, D.C. -- Radio and television stations are not adequately compensated for their news content on technology platforms because of an imbalance in market power, according to a new study released today by BIA Advisory Services. The study found that each year broadcasters lose nearly $2 billion in value that they generate for two of the largest technology platforms through publication of their valuable content – particularly local news.

WASHINGTON, D.C. – National Association of Broadcasters (NAB) President and CEO Gordon Smith delivered remarks today at NAB's State Leadership Conference. The annual gathering of 500 radio and TV station owners and executives from all 50 states is designed to educate the broadcast industry to advocate on relevant legislative and regulatory issues. This year’s conference is a virtual-only event.

WASHINGTON, D.C. -- In response to the announcement by Rep. Mike Doyle (D-PA-18), chairman of the House Communications and Technology Subcommittee, that he will retire from Congress upon the completion of the current congressional term on January 3, 2023, the following statement can be attributed to NAB President and CEO Gordon Smith:

WASHINGTON, D.C. -- In response to President Joe Biden nominating Jessica Rosenworcel as chairwoman of the Federal Communications Commission and Gigi Sohn as commissioner, the following statement can be attributed to NAB President and CEO Gordon Smith:

Washington, D.C. -- The 2022 NAB Show, April 23–27, will feature distinct destinations focused on three main pillars associated with the content lifecycle. Designated “Create,” “Connect” and “Capitalize,” and situated throughout the North Hall, Central Hall and new West Hall of the Las Vegas Convention Center, each area offers renewed opportunities for learning, discovery and engagement.

WASHINGTON, D.C. -- NAB President and CEO Gordon Smith delivered a State of the Industry address today. 

Washington, D.C. – Leadership changes were announced today for two key working groups of the National Radio Systems Committee (NRSC), a technical standards-setting body co-sponsored by National Association of Broadcasters (NAB) and the Consumer Technology Association (CTA). 

WASHINGTON, D.C. -- In response to the nomination of Gigi Sohn as a commissioner on the Federal Communications Commission (FCC), the following statement can be attributed to National Association of Broadcasters (NAB) President and CEO Gordon Smith:

Washington, D.C. -- Former National Association of Broadcasters (NAB) President and CEO Gordon Smith will receive the organization’s Distinguished Service Award (NAB DSA) during the 2022 NAB Show in Las Vegas. Smith will receive the award – NAB’s highest honor – at the NAB Show Welcome session on Monday, April 25.

Washington, D.C. – Stephen J. Dubner and Dr. Steven Levitt, co-authors of the “Freakonomics” book series and podcast hosts on the Freakonomics Radio Network, will keynote NAB Show’s closing session, “Why the Media & Entertainment Industry Should Think Like a Freak” on Wednesday, April 27 on the NAB Main Stage. NAB Show will be held April 23-27 in Las Vegas, Nev.

WASHINGTON, D.C. – In response to the unprovoked invasion of Ukraine by Russia, the following statement can be attributed to NAB President and CEO Curtis LeGeyt:

WASHINGTON, D.C. – In response to the Senate Commerce Committee of the Low Power Protection Act, the following statement can be attributed to NAB President and CEO Curtis LeGeyt:

Washington, D.C. -- #GALSNGEAR, in partnership with the National Association of Broadcasters, will host an in-person Women’s Leadership Summit and other content and networking events at the 2022 NAB Show in Las Vegas, Nev.. #GALSNGEAR® works to ensure women in media, entertainment and technology gain visibility, as well as facilitates high-level learning and networking opportunities at industry events.

WASHINGTON, D.C. – In response to yesterday's passage by the House Judiciary Committee of H.R.4330 - Protect Reporters from Exploitative State Spying Act (PRESS Act), which would establish protections for journalists at the federal level regarding the revelation of their confidential sources except in defined circumstances such as threats to national security, the following statement can be attributed to NAB President and CEO Curtis LeGeyt:

Washington, D.C. -- PILOT, the innovation wing of the National Association of Broadcasters (NAB), today announced the development of a NextGen TV Transmission ID (TxID) table for voluntary use by broadcasters using the ATSC 3.0 transmission standard. The table and TxID codes can be used to identify individual transmissions for testing, measurement, interference identification and other differentiation purposes.

WASHINGTON, D.C. – The National Association of Broadcasters (NAB) announced today that the 2022 Marconi Radio Award nomination window is open through May 31. Established in 1989 and named for inventor and Nobel Prize winner Guglielmo Marconi, the Marconi Radio Awards recognize overall excellence and performance in radio.

WASHINGTON, D.C. -- The National Association of Broadcasters (NAB) released a new NAB Podcast episode today featuring a discussion between NAB President and CEO Curtis LeGeyt and Federal Emergency Management Agency (FEMA) Administrator Deanne Criswell about the importance of emergency preparedness. Their conversation highlighted how broadcasters help disaster relief agencies prepare, inform and serve local communities during this year’s hurricane and wildfire seasons.

Washington, D.C. – The National Association of Broadcasters Leadership Foundation (NABLF), in partnership with Hearst Television, announced a new fellowship program honoring the legacy of distinguished broadcast professional Emerson Coleman last night at the Celebration of Service to America Awards. Through the Emerson Coleman Fellowship (ECF), NABLF and Hearst Television will work to create a more diverse workforce at every level of the broadcast industry that is representative of the communities served. 

Washington, D.C. – The House Appropriations Committee advanced the FY 2023 Financial Services and General Government appropriations bill which included language that would prevent the FCC from taking administrative action against broadcasters that accept cannabis advertisements consistent with the law of the state or jurisdiction in which the station is licensed.

Washington, D.C. – The U.S. House of Representatives today passed the FY 2023 Financial Services and General Government appropriations bill, which included language that would prevent the FCC from taking administrative action against broadcasters that accept cannabis advertisements consistent with the law of the state or jurisdiction in which the station is licensed.

Washington, D.C. – A new three-part Radio Experience at NAB Show New York will feature a special Radio Insights Executive Seminar presented by Bloomberg. Exclusively for NAB members, the limited capacity executive program will take place in New York on October 19 at the Javits Center in the morning and continue in the afternoon at Bloomberg’s headquarters.

WASHINGTON, D.C. -- In response to passage by the Senate Judiciary Committee of the Journalism Competition and Preservation Act, the following statement can be attributed to NAB President and CEO Curtis LeGeyt:

Washington, D.C.— Nominations are now being accepted for the 2023 National Association of Broadcasters (NAB) Technology Awards. The awards honor contributions in digital leadership, broadcast engineering and technology innovation, and will be presented during the 2023 NAB Show, held April 15 - 19 in Las Vegas.

Washington, D.C. -- The National Association of Broadcasters (NAB) and the Society of Broadcast Engineers (SBE), the association for broadcast and multimedia technology professionals, announced a joint memorandum of understanding with the Department of Defense to allow non-exclusive access to commercial spectrum at 2025-2110 MHz at 26 U.S. military sites. The bases were selected for their ability to provide streamlined access to spectrum used by broadcasters for electronic newsgathering and other purposes. DoD activities at these bases will include test and training missions to assure readiness and enhance electromagnetic spectrum superiority.

Washington, D.C. -- In response to the House Judiciary Committee's markup of the American Music Fairness Act (AMFA), the following statement can be attributed to NAB CEO and President Curtis LeGeyt:

Washington, D.C.— NAB Show will host a new conference, presented by TVNewsCheck, entitled “Programming Everywhere: The Content Event for Linear, Streaming and Syndication” on April 15, 2023, at NAB Show in Las Vegas. The day-long event features panel discussions, programming showcases and networking opportunities.

Washington, D.C. -- The 2023 NAB Show, held April 15-19 in Las Vegas, will offer an engaging lineup of educational sessions, networking opportunities and exhibits for the radio broadcast community. Radio sessions and networking opportunities will be conveniently located in the newly announced Broadcast District in the West Hall of the Las Vegas Convention Center, where radio exhibitors will be also be easily accessible.

Venerated television news magazine “60 Minutes” will receive the second annual Insight Award from the Library of American Broadcasting Foundation (LABF) during the Welcome Session at the 2023 NAB Show on April 17 in Las Vegas, Nev. The award recognizes the iconic program’s 55-year history of excellence in broadcast journalism.

WASHINGTON, D.C. -- NAB filed an amicus brief in the U.S. Court of Appeals for the District of Columbia Circuit today supporting the challenge by Standard General, TEGNA and CMB Media Group to the Federal Communications Commission’s decision to designate their transaction for an administrative hearing. This decision was made by career FCC staff nearly a year after the applications were filed and on bases entirely outside the Commission’s jurisdiction. The decision unlawfully threatens future investment in local broadcast stations and harms the public.

WASHINGTON, D.C. – The National Association of Broadcasters today announced the promotion of Josh Miely to vice president of Content Design and Development within the organization's Global Connections and Events department – the team that produces NAB Show. Miely will assume the role on April 27 and report to NAB Executive Vice President and Managing Director, Global Connections and Events Chris Brown.

The National Association of Broadcasters (NAB) announced today that the 2023 Marconi Radio Award nomination window is now open through May 31. Established in 1989 and named for inventor and Nobel Prize winner Guglielmo Marconi, the Marconi Radio Awards recognize overall excellence and performance in radio.