Technology

Artificial Intelligence Big Data Cloud Computing Cyber Security Data Management Electronics Enterprise & Network Technology Financial Technology Hardware Mobile & Wireless Nanotechnology Semiconductor Software Telecommunications
News Release Digital Asset Direct

HTX Ranks as Top 4 Exchange by Liquidity, Aspiring to Be Synonymous with Quality Assets

HTX

Kaiko, a leading cryptocurrency market data provider, recently published its Q2 2024 report on exchange liquidity. Among the 43 mainstream centralized exchanges tracked in the report, HTX was rated AA and tied for fourth place in terms of liquidity, with an average trading volume of $60.5 billion. It is reported that the Kaiko report analyzed exchange liquidity using five key metrics: trading volume, trading volume contribution, market depth (+/-1), coefficient of variation (CV) dispersion, and market quality. In response, HTX stated that the platform will remain committed to prioritizing security and regulatory compliance as it continues to expand its global footprint. Furthermore, it aims to deliver a comprehensive, safe, and user-friendly crypto trading experience for an ever-growing base of customers worldwide. Highlights HTX's Performance in the First Half of 2024 Looking back on the past six months, HTX has achieved remarkable results. HTX upholds its "user-first" principle when listing new cryptocurrencies, showcasing the core competitiveness of the "People's Exchange" with huge wealth effects. When selecting and listing new assets, the platform is dedicated to identifying new cryptocurrencies and quality assets across various sectors, including Meme, AI, public blockchains, Layer 2, and more. Data from Q1 2024 reveals that HTX has already introduced 59 new cryptos, with almost half of these experiencing price surges of over 1,000% from their initial levels. Topping the list of gainers is WIF, a Meme project from the Solana blockchain, boasting an astonishing 12,039% price increase. In addition, as of June 1, 2024, HTX has completed 20 asset audits. The latest Merkle tree-based proof of reserves data is as follows: 100% for USDT (HTX wallet balance: 610,174,986), 100% for BTC (HTX wallet balance: 25,735), 101% for ETH (HTX wallet balance: 92,631), 105% for HTX (HTX wallet balance: 360,938,524,569,165), and 105% for TRX (HTX wallet balance: 9,754,300,787). The data for USDT and ETH already includes stUSDT and stETH. Also noteworthy is the recent establishment of the HTX DAO People Committee, which has garnered widespread attention from both the broader market and the community. Formed just over a month ago, this committee has rapidly solidified its position as a pivotal driving force within the community. The HTX DAO People Committee, dedicated to championing the community's interests in the long run, is spearheading HTX's ongoing transition toward greater decentralization and democratic autonomy. Emphasizing HTX's recent achievements, Justin Sun, a distinguished member of the HTX Global Advisory Board, shared the following insights on social media: 1. HTX has been performing exceptionally well in listing new assets, with cryptos showing 10x potential price increases consistently appearing on the platform every week. (2) The exchange has experienced continuous net inflows of capital for the past 6 months, a trend Justin Sun views as compelling evidence of users' strong satisfaction with HTX's services. (3) The platform's profitability has soared by over 100%, prompting the implementation of buyback initiatives. HTX Aims to Become Synonymous with Quality Assets HTX's business representative and senior investment analyst, @HTX_liuyego, highlighted that the Kaiko report serves as a well-deserved accolade for HTX. After overcoming a challenging period, this recognition not only bolsters HTX's confidence in its future development but also fosters a sense of reverence within the team. According to @HTX_liuyego, HTX's future development will focus on the following aspects: 1. Listing of high-quality assets. HTX will maintain stringent criteria for the listing of new assets, overseen by a highly proficient project screening team. Justin Sun, a member of the HTX Global Advisory Board, is one of such experts involved in this meticulous selection process. HTX strives to be recognized as the go-to platform for premium digital assets. 2. Product optimization. HTX has taken user feedback to heart and made significant improvements to enhance the overall user experience across various products and services. One notable issue that has been successfully addressed is the previously cumbersome withdrawal process, which has now been satisfactorily resolved. Furthermore, HTX has transitioned from its previous complexity to a more user-friendly approach in designing platform events. 3. Enhance depth. The platform has maintained its focus on enhancing depth to attract more reputable market makers and broker teams, thereby providing users with a seamless trading experience. 4. Safety and security are the cornerstones of the platform. After the hacking incident last year, HTX has taken concrete steps to enhance its security. On the hardware front, the platform has collaborated with the renowned international security firm FearOff to bolster its security infrastructure and safeguards. On the software side, HTX has made a firm commitment to providing 100% fund protection for its users. @HTX_liuyego summarized, "HTX is on a positive trajectory, time will tell. Have faith in HTX." It's undeniable that cryptocurrency exchanges, the most lucrative sector in the crypto industry, are also recognized as fiercely contested arenas. Since the inception of the first cryptocurrency exchange to the present day, the exchange business model has undergone dramatic changes, with rises and falls occurring in the blink of an eye. While industry giants like Coinbase and Binance currently dominate the crypto space, the overall landscape of the exchange business remains unsettled. HTX, a veteran that has weathered the crypto market for nearly 11 years, stands as a testament to the industry's evolving narrative. It has evolved beyond being merely a trading platform; it has become a legend that embodies the dreams and memories of countless investors. HTX firmly believes that true value lies not in short-term price fluctuations but in long-term development and contribution. Moving forward, HTX will continue to collaborate with global partners to drive the evolution of cryptocurrencies and blockchain technology, creating more value for users and ushering in a more open, inclusive, and vibrant new era of crypto. About HTX Founded in 2013, HTX has evolved over a decade from a simple cryptocurrency exchange to a comprehensive blockchain business ecosystem. This expansion covers a wide range of services including digital asset trading, financial derivatives, wallets, research, investments, incubation, and more. As a world-leading portal to Web 3.0, HTX is committed to a growth strategy focused on global expansion, ecological prosperity, wealth effect, and safety and compliance. This approach enables us to offer comprehensive, safe, and reliable services and value to virtual currency enthusiasts around the world, reinforcing our position as a global gateway to Web3. Contact Details Michael Wang glo-media@htx-inc.com Company Website https://www.htx.com/

June 12, 2024 09:49 AM Eastern Daylight Time

Image

HTX Ventures Invests in Avail to Support Key Infrastructure Development

HTX Ventures

Singapore / June 12, 2024 – In a move that underscores its commitment to broadening the reach and usability of Web3 technologies, HTX Ventures, the global investment arm of the cryptocurrency exchange HTX, has announced a strategic investment in Avail, a modular blockchain solution designed to unify Web3 and optimize data availability (DA) for scalable and customizable applications. Avail DA provides decentralized infrastructure for developers to quickly build and scale modern blockchain applications. By inheriting security from the base layer through rollups and extending restaking to include multiple assets, such as BTC and ETH, it aims to provide ample security for the thousands of rollups built on top. Edward, Managing Partner at HTX Ventures, shared his investment insights: “The Avail team possesses exceptional technical capabilities, and Avail DA is one of the fastest and most cost-effective data availability solutions in the market right now. By combining their data availability layer with cross-chain interoperability and the robust security provided by Avail Nexus & Avail Fusion, Avail is building the unification layer for Web3. HTX Ventures is excited to support Avail on this journey and participated in the recently announced $43M Series A fundraise alongside Founders Fund & Dragonfly.” “This Series A funding marks a pivotal moment for Avail as we strive to build the permissionless unification layer for Web3,” said Anurag Arjun, Co-founder of Avail. “With this new capital, we are poised to accelerate our development, expand our global presence, and continue to address the most critical challenges facing Web3 today, such as blockchain fragmentation, insufficient data availability, and limited scaling. Additionally, it will help foster partnerships and collaborations with other players across the entire Web3 ecosystem, which is mission-critical for Avail’s success.” Recently, Avail has crossed a major milestone in its incentivized testnet, " Clash of Nodes," with nearly 110,000 total accounts created, and 116 million transactions processed — ahead of its upcoming mainnet due to be launched in the next few weeks. HTX Ventures is excited to support prominent projects like Avail that are building solid infrastructure to enable a user-friendly decentralized future. About Avail: Avail is led by Polygon’s former co-founder Anurag Arjun and is building a unification layer to solve rollup fragmentation at scale. Avail addresses this from first principles solving blockchain scalability with Avail DA, a foundational DA layer which implements the same technology planned for Ethereum’s danksharding roadmap, including KZG Commitments and Data Availability Sampling (DAS). Avail Nexus addresses growing fragmentation concerns with permissionless interoperability, leveraging proof aggregation on Avail’s scalable DA layer. Avail’s security is then reinforced with multi-asset staking through Avail Fusion. Start your unification journey today at availproject.org About HTX Ventures: HTX Ventures, the global investment division of HTX, integrates investment, incubation, and research to identify the best and brightest teams worldwide. With a decade-long history as an industry pioneer, HTX Ventures excels at identifying cutting-edge technologies and emerging business models within the sector. To foster growth within the blockchain ecosystem, we provide comprehensive support to projects, including financing, resources, and strategic advice. HTX Ventures currently backs over 300 projects spanning multiple blockchain sectors, with select high-quality initiatives already trading on the HTX exchange. Furthermore, as one of the most active Fund of Funds (FOF) investors, HTX Ventures collaboratively forges the blockchain ecosystem alongside premier global blockchain funds, including Dragonfly, Bankless, Gitcoin, Figment, and Animoca. Visit us here. Contact Details Michael Wang glo-media@htx-inc.com Company Website https://www.htx.com/en-us/ventures About HTX Ventures HTX Ventures, the global investment division of HTX, integrates investment, incubation, and research to identify the best and brightest teams worldwide. With a decade-long history as an industry pioneer, HTX Ventures excels at identifying cutting-edge technologies and emerging business models within the sector. To foster growth within the blockchain ecosystem, we provide comprehensive support to projects, including financing, resources, and strategic advice. HTX Ventures presently backs over 200 projects spanning multiple blockchain sectors, with select high-quality initiatives already trading on the HTX exchange. Furthermore, as one of the most vigorous Fund of Funds (FOF) investors, HTX Ventures collaboratively forges the blockchain ecosystem alongside premier global blockchain funds, including IVC, Shima, and Animoca. Contact Details Michael Wang glo-media@htx-inc.com Company Website https://www.htx.com/en-us/ventures

June 12, 2024 09:33 AM Eastern Daylight Time

Yandex develops and open-sources an LLM training tool that saves up to 20% of GPU resources

Yandex

Yandex introduces YaFSDP, a method for faster and more efficient large language model (LLM) training. Potentially saving users hundreds of thousands of dollars per month. Available free. Yandex, a global tech company, recently introduced YaFSDP, an open-source method for training large language models (LLMs). YaFSDP is currently the most effective publicly available tool for enhancing GPU communication and reducing memory usage in LLM training, offering a speedup of up to 26% compared to FSDP, depending on the architecture and number of parameters. Reducing the training time for LLMs through the use of YaFSDP can result in savings of up to 20% in GPU resources. “Currently, we're actively experimenting with various model architectures and parameter sizes to expand YaFSDP’s versatility,” noted Mikhail Khruschev, a senior developer at Yandex and part of the team behind YaFSDP. “We are thrilled to share our developments in LLM training with the global ML community, contributing to increased accessibility and efficiency for researchers and developers worldwide.” The case for YaFSDP LLM training is a time-consuming and resource-intensive process. Machine learning engineers and companies that develop their own LLMs invest significant time and GPU resources — which equals money — in training these models. The larger the model, the greater the time and expenses associated with its training. Yandex’s YaFSDP works by eliminating GPU communication inefficiencies, ensuring that training requires only necessary processor memory and making GPU interactions uninterrupted. YaFSDP optimizes learning speed and performance, enabling AI developers worldwide to use less computing power and GPU resources when training their models. For instance, in a pre-training scenario involving a model with 70 billion parameters, using YaFSDP can save the resources of approximately 150 GPUs, which translates to roughly $0.5 to $1.5 million (depending on the virtual GPU provider or platform) in potential monthly savings. YaFSDP’s training efficiency YaFSDP, an enhanced version of FSDP, outperforms the FSDP method in the most communication-heavy stages of LLM training like pre-training, alignment, and fine-tuning. The final speedup shown by YaFSDP on Llama 2 and Llama 3 demonstrates significant improvements in training speed, reaching 21% and 26% on Llama 2 70B and Llama 3 70B respectively. “YaFSDP has shown impressive results on models ranging from 13 to 70 billion parameters, with particularly strong performance in the 30 to 70 billion range,” said Mikhail Khruschev. “Currently, YaFSDP is best suited for widely-used open-source models based on the LLaMA architecture.” YaFSDP isn’t Yandex’s first open-source tool. The company has previously shared several other tools that have become popular with the ML community, including: CatBoost, a high-performance library for gradient boosting on decision trees. YTsaurus, a big data platform for distributed storage and processing. AQLM, one of the most advanced quantization algorithms for extreme compression of large language models, developed jointly by Yandex Research, HSE University, IST Austria, and NeuralMagic. Petals, a library designed to simplify the process of training and fine-tuning LLMs, developed in a collaboration involving Yandex Research, HSE University, University of Washington, Hugging Face, ENS Paris-Saclay, and Yandex School of Data Analysis. Accessing YaFSDP YaFSDP is freely available on Github. – – – – – For Reference During large language model (LLM) training, developers have to efficiently manage three primary resources: computing power, processor memory, and processor communications. YaFSDP conserves the first two, which helps to accelerate the LLM training process. LLM training relies on numerous GPUs organized into clusters — arrays of interconnected graphics processors that can perform the vast number of calculations necessary to train models with billions of parameters. Distributing computations among processors within a cluster requires constant communication, which often becomes a "bottleneck", slowing the training process and resulting in inefficient use of computing power. To overcome this bottleneck, Yandex developers created YaFSDP, a method that improves GPU communication and optimizes learning speed and performance. When combined with Yandex’s other performance-enhancing solutions, the method accelerated the training process by up to 45% for some of its models. YaFSDP works by eliminating GPU communication inefficiencies, which leads to optimized network usage and reduced memory load. It ensures that training requires only necessary processor memory and makes GPU interactions uninterrupted, facilitating further optimizations like minimizing processor communication time. This leads to a significant enhancement in both performance and memory efficiency. The YaFSDP method can be used effectively in transformer-based text generative models with multiple layers (multilayer perceptrons), mostly represented by LLaMA-like models. In a pre-training scenario involving a model with 70 billion parameters, using YaFSDP can save the resources of approximately 150 GPUs. When compared to FSDP, the final speedup shown by YaFSDP on Llama 2 and Llama 3 demonstrates significant improvements in training efficiency. About Yandex Yandex is a global technology company that builds intelligent products and services powered by machine learning. The company’s goal is to help consumers and businesses better navigate the online and offline world. Since 1997, Yandex has been delivering world-class, locally relevant search and information services and has also developed market-leading on-demand transportation services, navigation products, and other mobile applications for millions of consumers across the globe. Contact Details NettResults Media Team media@nettresults.com

June 12, 2024 08:55 AM Eastern Daylight Time

How Super League Enterprise (NASDAQ: SLE) Is Pioneering 3D Immersive Platforms As The Marketing Channel Of The Future

Benzinga

By James Blacker, Benzinga Welcome To The 3D Web Digital advertising is undergoing a profound shift toward immersive engagement. Platforms such as Roblox have shown the huge potential for engagement through the 3D Web, where digital environments are highly immersive and interactive. The average Roblox user, for instance, spends more than 156 minutes a day on the platform, compared to an average of 95 minutes per day spent by TikTok users. As the metaverse continues to capture global attention, Super League Enterprise (NASDAQ: SLE) stands at the forefront of a digital frontier, effectively offering brands an operating system for the 3D Web. The suite of development, distribution, monetization and optimization tools it has developed are giving brands the ability to engage users through dynamic content experiences across the largest immersive platforms, such as Roblox (NYSE: RBLX), Microsoft’s (NASDAQ: MSFT) Minecraft and Fortnite Creative. Brands have turned to end-to-end activation partners to gain a foothold in the new environments where massive audiences are gathering to socialize, play, explore, collaborate, shop, learn and create, said Ann Hand, CEO of Super League. “The secular shift in advertising is unstoppable,” Hand said. “Immersive engagement, new experiences and consistent digital presence are enabling brands to connect with young consumers in highly customized and personalized ways.” In 2021 alone, more than $10 bn was raised by metaverse-related companies, while the global value creation opportunity from the metaverse is expected to be in the trillions by 2030. Super League recognized this trend early and positioned itself as a leader in creating immersive experiences that resonate with Generation Z and Alpha. This strategic positioning has also translated into financial growth, with Q1 2024 revenue reaching $4.2 million, a 27% year-over-year increase following record revenue in the previous quarter and full-year 2023. The company also managed to cut operating expenses by 22% in the first quarter of 2024 thanks to significant cost reduction initiatives, representing a saving of $1.5 million compared to the same period of 2023 and narrowing the net loss by 26% Strategic Partnerships And Major Collaborations Imagine stepping into a virtual store operated by Skechers (NYSE: SKX). In May, Super League announced a partnership with Skechers to open the company’s first virtual store through an immersive experience in Roblox. In the first five weeks, there have been 3.4 million visits to the store, 4 million try-ons and nearly 45 million impressions generated. A couple of weeks later, fans could have front-row seats for Post Malone’s Live at Le Louvre event as it streamed live on Roblox. In the last 30 days, Super League made those things possible and its tools for immersive products and experiences continue to put brands where an emerging generation of online consumers are spending significant time. In 2023, Super League served almost 100 brands through bespoke worlds, custom integrations into Roblox, Minecraft and Fortnite, as well as seven-figure media campaigns on these platforms. In March this year, Super League announced a partnership with Chartis, which offers a suite of tools for creators to build original games and experiences within Fortnite Creative. The partnership allows the company to develop end-to-end integrations into more than 100 Fortnite maps, tapping into the Chartis Network, a coalition of developers with more than 157 million monthly plays and nearly one billion monthly impressions. In the same month, Super League announced that it has partnered with GSTV to integrate gaming content into GSTV’s video network at fuel retailers across the U.S., which reaches 115 million unique adults a month across more than 29,000 locations. Super League’s Metaburst gaming news will be featured on GSTV, keeping viewers informed about the latest in the 3D web, virtual worlds and platforms like Roblox and Fortnite. The partnership also aims to blend physical and digital retail engagement, offering brands innovative ways to engage consumers. The Future Of Brand Engagement The metaverse is here to stay, creating an opportunity for marketers to innovate and engage with consumers in previously unimaginable ways. Super League Entertainment's pioneering efforts are setting the stage to enable forward looking brands to create sizable, immersive marketing channels to connect with an emerging generation of consumers. Featured photo by Alex Haney on Unsplash. Benzinga is a leading financial media and data provider, known for delivering accurate, timely, and actionable financial information to empower investors and traders. This post contains sponsored content. This content is for informational purposes only and not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

June 12, 2024 08:30 AM Eastern Daylight Time

Image

JasmyCoin Holders Jump to Raboo Presale Amid Dogecoin's Rising Wave

Total Media

Dogecoin and JasmyCoin price share different trajectories while still offering good trading opportunities. The current Dogecoin forecast is bullish, while JasmyCoin price action continues to sizzle. However, one new contender has emerged in the form of AI/SocialFi meme coin presale sensation Raboo, which analysts can go on a 100x tear in 2024. Read up to find out why experts predict Raboo could outperform even the most bullish JasmyCoin price prediction, and Dogecoin forecast this year. New contenders coming for Dogecoin’s crown Dogecoin lays claim to being the OG meme coin, creating the blueprint for every single meme coin within the $57.6 billion sector. Dogecoin has come a long way from being an ironic take on the “wild west” era of the crypto world, growing to a $20 billion market cap. Early Dogecoin investors have made millions of times over their initial investments, especially those that sold at Dogecoin’s all-time high of $0.73 back in 2021. Today, Dogecoin serves as an “index” for the meme coin market. However, the current Dogecoin forecast is bearish due to its large market cap, which severely restricts its growth potential. The Dogecoin forecast for 2024 is one of limited gains, with more capital flowing into lower-cap opportunities that have larger room to grow. The most bullish Dogecoin forecast predicts a 3x to 5x gain for the token should the next bull run materialize. JasmyCoin price prediction for 2024 looking up JasmyCoin has turned in almost a 950% YTD figure as of press time, firmly outdoing the Dogecoin forecast within the same 12-month period. Here’s the cool thing about JasmyCoin: despite the 10x growth in the past year, The current JasmyCoin price is still 99.2% from its February 2021 all-time high of $4.99, indicating a potentially limitless growth trajectory. That is, of course, if JasmyCoin bulls continue pushing prices as they have over the past year. If they manage to do so, JasmyCoin could outperform the Dogecoin forecast for 2024. However, JasmyCoin has a $1.78 billion market cap, with early holders selling off in favor of projects like Raboo. Raboo presale surges into Stage 4 with a 60% rally Crypto presales offer a can’t-miss buying opportunity, considering it is during this phase when token prices are going to be as low as they possibly can be. Especially meme coins with an innovative utility like Raboo. Finding presale opportunities with the potential for 100x gains like Raboo can be a needle in a haystack. But now, prospective investors could get in on a low-cap blue chip at a price of just $0.0048. Raboo is a meme coin featuring AI-powered SocialFi utility. Using Rabooscan, the platform’s AI-enabled meme generator, users can create memes and NFTs designed to engage the Raboo community and grow it by attracting new joiners by disseminating them through social media. In doing so, users can earn Raboo tokens in exchange for their efforts. With the meme coin market sitting at a $58 billion market cap—with limitless growth potential in 2024 and beyond—Raboo is a rare opportunity to get in on a legitimate 100x moon shot set to outperform both Dogecoin forecast and JasmyCoin price this year. Raboo users can also stake their $RABT tokens or provide liquidity for passive income, and its deflationary tokenomics ensures a constantly stable price with the potential to skyrocket in price at any given time. Conclusion With token prices available at just $0.0048, Raboo blows JasmyCoin and Dogecoin out of the water as far as upside potential in 2024 is concerned. Don’t miss out on an opportunity to get in on the ground floor of a project that could go all the way to the top this year—join the Raboo presale today. You can participate in the Raboo presale here. Telegram: https://t.me/RabootokenPortal Twitter: https://twitter.com/Raboo_Official Contact Details Total Media Solutions media@Totalsolutionspr.io

June 12, 2024 06:30 AM Eastern Daylight Time

Image

The Diverse Holdings of the Industrial ETF XLI

Select Sector SPDR

The Industrial Select Sector SPDR Fund ( XLI ) offers an investment opportunity within the dynamics of the industrial sector. XLI follows an index of industrial sector stocks within the S&P 500, weighted by modified market capitalization. With assets under management exceeding $18 billion, it boasts a low annual expense ratio of 0.09%*, offering an efficient and accessible route to the industrial sector. The top 10 holdings & weightings** for XLI: Starting with GE Aerospace at 4.75%, followed by Caterpillar at 4.55%, RTX Corporation at 3.78%, Union Pacific at 3.75%, Honeywell International at 3.52%, Eaton at 3.51%, Uber Technologies at 3.51%, Boeing at 2.69%, Lockheed Martin at 2.67%, and Automatic Data Processing at 2.66%. XLI ETF Industry and Sector Overview The variety of related industries are represented in the burgeoning industrial sector. Aerospace & Defense: The XLI ETF includes prominent companies within the aerospace and defense sector, positioning investors to have access to companies in this industry. Electrical Equipment Manufacturers: The fund's holdings feature leading electrical equipment manufacturers with their technological advancements and innovations within this sector. Construction & Engineering Firms: XLI provides exposure to renowned construction and engineering firms, allowing investors to tap into the ongoing infrastructure development and urbanization trends. Industrial Machinery Companies: The ETF also encompasses key players in the industrial machinery segment, enabling investors to participate in the machinery and equipment manufacturing landscape. Building Products: XLI encompasses a diverse range of building product companies, offering exposure to the construction and real estate market dynamics. As the industrial landscape continues to evolve, XLI emerges as a compelling choice for investors seeking exposure to the dynamic industrial sector. DISCLAIMER: This is a work of research and should not be taken as investment or financial advice. Therefore, Select Sector SPDRs or the publisher is not liable for any decision made based on the publication. About the Company: Select Sector SPDR ETFs offer flexibility and customization opportunities. Many investors have similar outlooks, but no two are exactly alike. Select Sector SPDR ETFs let investors select the sectors that best meet their investment goals. *Ordinary brokerage fees apply **Holdings, Weightings & Assets as of 5/31/24 subject to change DISCLOSURES The S&P 500 Index is an unmanaged index of 500 common stocks that is generally considered representative of the U.S. stock market. The index is heavily weighted toward stocks with large market capitalizations and represents approximately two-thirds of the total market value of all domestic common stocks. The S&P 500 Index figures do not reflect any fees, expenses or taxes. An investor should consider investment objectives, risks, fees and expenses before investing. One may not invest directly in an index. Transparent ETFs provide daily disclosure of portfolio holdings and weightings All ETFs are subject to risk, including loss of principal. Sector ETF products are also subject to sector risk and non-diversification risk, which generally will result in greater price fluctuations than the overall market. Diversification does not eliminate risk. An investor should consider investment objectives, risks, charges and expenses carefully before investing. To obtain a prospectus, which contains this and other information, call 1-866-SECTOR-ETF (732-8673) or visit www.sectorspdrs.com. Read the prospectus carefully before investing. ALPS Portfolio Solutions Distributor, Inc., a registered broker-dealer, is distributor for the Select Sector SPDR Trust. Media Contact: Company: Select Sector SPDRs Contact: Dan Dolan* Address: 1290 Broadway, Suite 1000, Denver, CO 80203 Country: United States Email: dan.dolan@sectorspdrs.com Website: https://www.sectorspdrs.com/ *Dan Dolan is a Registered Representative of ALPS Portfolio Solutions Distributor, Inc. ALPS Portfolio Solutions Distributor, Inc., a registered broker-dealer, is the distributor for the Select Sector SPDR Trust. SEL007585 EXP 8/31/24 Contact Details Dan Dolan +1 203-935-8103 dan.dolan@sectorspdrs.com Company Website https://www.sectorspdrs.com/

June 12, 2024 05:00 AM Eastern Daylight Time

Saint Paul Public Housing Agency and Comcast Announce Technology Partnership

Comcast Twin Cities

The Saint Paul Public Housing Agency (PHA) and Comcast today announced they have partnered to provide a WiFi connection to Xfinity's advanced network in all 16 of PHA’s buildings in Saint Paul. The partnership is Comcast’s first collaboration with a Minnesota-based housing agency to provide pre-installed, already on connectivity to the Xfinity network for their residents. More than 2,500 units will be equipped with Xfinity’s fast and reliable network and wall-to-wall WiFi coverage. With Xfinity’s network readily available, residents will not need to schedule a technician to set up services, wait for their modem to arrive or go to an Xfinity Store to collect their equipment. To activate service, residents will only need to call or use the Xfinity App. “Internet access provides connectivity to 21st century infrastructure, equipping our residents with the tools vital to enhancing opportunities for education, employment, and quality of life," said Saint Paul Mayor Melvin Carter. "The collaboration between Saint Paul Public Housing Agency and Comcast empowers our neighbors to realize a brighter future.” Current residents and new residents moving into WiFi ready units can connect to the Internet within five minutes of collecting their keys—making it that much easier to get all their devices up and running. “Access to WiFi isn’t just about connecting devices; for us it’s about connecting PHA residents to opportunity,” said PHA Board Chair Missy Staples Thompson. “Making PHA-owned high-rises WiFi-ready can help residents cross the digital divide and open doors to education, employment, and empowerment. We appreciate this partnership with Comcast that will benefit residents and their communities.” The Xfinity network will be installed in phases. Completion of the first two buildings just occurred, and 14 additional buildings will have WiFi ready units residents can connect to by the end of 2024. About Comcast Corporation Comcast Corporation (Nasdaq: CMCSA) is a global media and technology company. From the connectivity and platforms we provide, to the content and experiences we create, our businesses reach hundreds of millions of customers, viewers, and guests worldwide. We deliver world-class broadband, wireless, and video through Xfinity, Comcast Business, and Sky; produce, distribute, and stream leading entertainment, sports, and news through brands including NBC, Telemundo, Universal, Peacock, and Sky; and bring incredible theme parks and attractions to life through Universal Destinations & Experiences. Visit www.comcastcorporation.com for more information. About the Saint Paul Public Housing Agency (PHA) The PHA administers federal rent subsidies that provide safe, affordable housing to more than 22,000 Saint Paul residents. Almost half of those residents live in the 4,273 affordable homes and apartments that the PHA owns and manages. The PHA also administers the federal rent subsidy program called “Housing Choice Vouchers”, previously known as Section 8. The rental vouchers help 5,243 households pay affordable rents in privately-owned apartments and rental homes. Contact Details Jill Hornbacher +1 651-425-1695 Jill_Hornbacher@comcast.com Company Website https://midwest.comcast.com

June 11, 2024 01:00 PM Central Daylight Time

Image

News Release

Rising Bond Yield A Threat For Bitcoin, Investors Pouring Millions To GFOX

RoundHouse Media

The rising bond yields in the USA could impact investments in alternative assets like Bitcoin. Interest rates in 2024 range just over 5%, an increase from the average for most of the last decade. Investors are exploring alternative assets like $GFOX that offer more upside. Rising bond yields in the USA could dampen the appetite for alternative investments like Bitcoin. The Federal Reserve has kept the interest rates at a fairly high level since the Covid-19 Pandemic, which means better returns for bond investors. Bitcoin is still on a historic tear after a solid start to the year. A combination of the halving event and positive regulatory developments have added wind to the sails of the pioneer crypto. Investors keen on untapped potential are looking into exciting new projects like Galaxy Fox ($GFOX) for more upside. This project has strong momentum after listing on Uniswap in April and looks to be the next $1 crypto. Rising Bond Yields Could Affect Bitcoin US treasury bond yields have hit a four-month high, increasing the attractiveness of this investment. Bonds are some of the most stable investments in the financial markets and the higher return consolidates this advantage. The high level of yield could be to the detriment of other equities and alternative assets. Stock markets continue to operate at record highs making notable stocks expensive for traders. The possibility of getting excellent returns for bonds makes them a more attractive proposition. Bitcoin could also feel some of the aftershocks. Competing against high yield from the most stable investment in the financial sector is a tall order. That said, Bitcoin prices are a unique phenomenon and may not have the predicted symmetry with traditional financial markets. $GFOX Offers A Rising Alternative To BTC Bitcoin continues to hold steady but appears headed for a period of consolidation. Investors looking for assets with more upside potential are looking at growing altcoin projects for alternatives. One such proposition is Galaxy Fox ($GFOX). This utility meme coin continues to draw plaudits after launching its play-to-earn game (P2E) game in May. $GFOX is an ERC-20 and, therefore, broadly compatible with Ethereum wallets. Galaxy Fox’s gaming ecosystem involves players raising digital fox characters to engage in epic battles within the game. The players earn various rewards within the game in crypto tokens, making gameplay lucrative. This game also has NFT collectibles for players to improve their portfolios. The NFTs are unique and allow the player to track ownership effectively, which is useful for gaming items. Having NFTs ensures that players can leverage their gameplay for value within the ecosystem. The possibility of staking $GFOX adds more opportunities for users. This ecosystem looks to elevate the meme coin experience and create sustainability. Newer memecoins that purely rely on meme notoriety have not challenged Dogecoin significantly. Therefore, investors are looking at this project keenly as one of the credible alternatives in a transitioning market. For Info about $GFOX, visit Galaxyfox.io Conclusion Competing with treasury bonds is a tall order for any other asset class. After all, an investment with the backing of the government of the world’s largest economy having high yield is very endearing. Nonetheless, the crypto market has proven its resilience in varying market conditions. Bitcoin will likely consolidate, with emerging assets that have strong upside likely to gain some tailwinds. $GFOX fits the bill as a strong new asset with incredible potential. Its strong launch is a testament to the belief in this project and should continue as it continues to gain more dimension. Visit the Galaxy Fox website today to learn more about the project. Learn more about $GFOX here: Galaxyfox.io | Join the Community Contact Details Roundhouse Media media@galaxyfox.io

June 11, 2024 01:00 PM Eastern Daylight Time

TRON DAO Announces HackaTRON Season 6 Qualifiers

TRON DAO

Geneva, Switzerland, June 11, 2024 – With HackaTRON Season 6 coming to a close, the TRON DAO team, alongside HTX DAO, BitTorrent Chain (BTTC), and JustLend DAO hosted a series of innovations that has taken the blockchain landscape by storm. This season, participants redefined the digital landscape across multiple tracks. Web3, DeFi, Artistry, Builder, and Integration tracks produced unique projects that helped push the needle forward in the blockchain space. HackaTRON Season 6 attracted over 1,100 participants, each developing their own distinct project on TRON’s interface. The prize pool featured up to $650,000*, including $500,000 in TRX, TRON network’s native utility token, and $150,000 in energy, which can be used to subsidize transactions and smart contract interactions on the TRON network. Alongside hundreds of new participants, Season 6 boasted a lineup of prestigious sponsors. The sponsors consisted of ChainGPT, Solidus AI Tech, and Ankr as the diamond sponsors, with Kima Finance as the platinum sponsor, GT-Protocol as the gold sponsor, and Router Protocol as the silver sponsor. We’d like to thank our sponsors for sustaining a safe and productive environment for TRONics to grow. This HackaTRON inspired productive competition and led to the selection of winners by both judges and the community, as listed below. *All prizes are issued in TRX or TRON network Energy, not USD, restrictions applied. All contest rules can be viewed here: https://trons6.devpost.com/rules Judge-Selected Winners The top contenders in each judge-evaluated category will be awarded as follows: the champion will receive $25,000; the runner-up, $15,000; the third-place finisher, $10,000; and those in fourth and fifth places will take home $8,000 and $6,000, respectively. Web3 Track: The Web3 category aims to honor teams that usher along the transition of Web 2.0 to Web 3.0 by introducing next-gen DAO tools, SocialFi, blockchain/web infrastructure, SDKs, and other Dapps. The winners of the Web3 track are as follows: BlinkAI by Blink Transatron by Transatron Toqen Factory by Decentra CIROTRX by Brutus Finance SaveWallet by TronSave DeFi Track: Showcasing projects that transform finance through decentralization, empowering individuals with transparent, accessible, and inclusive protocols for asset management. The winners of the DeFi track are as follows: HandShake by HandShakers GuessThePrice by GuessThePrice ChickenSwap/Bot by Coconut Chicken Staqe Protocol by Decentra TronEnergize by TronEnergize Artistry Track: Where entertainment meets blockchain technology. The artistry track spotlights creative prowess in visual projects that embrace GameFi, NFTs, assets, and ventures related to the Metaverse. The winners of the Artistry track are as follows: Unclaimed: Fall of Mankind by Unclaimed TOBA by TOBA Projects STAR-EX by Theras-Labs Decentralised Character AI by PixelCrafter Tronquility by Arcane Oracle Builder Track: Acknowledging teams who have previously participated in TRON hackathons and have a working project that they would like to improve upon and update with new features. The winners of the Builder track are as follows: Block Fabric by BlockFabric Solide by Solide Project USTX BOND by USTX Monetizado by Monetizado Pravahini by Pravahini Integration Track: The Integration track, previously coined as the A.I. track, prompts participants to integrate advanced protocols into the TRON ecosystem, urging them to incorporate existing protocols, Dapps, or services on TRON/BTTC into their applications. Participants create impactful features/tools for enhancing applications within the TRON/BTTC ecosystems. The winners of the Integration track are as follows: JustMoney Explorer by JustMoney CodeHive by HiveTeam AnkerPay Tron by AnkerPay File-Wallet by AmphibianDev BttTipBot by onchaindev Community Forum Selected Winners For the winners chosen by the vibrant TRON community forum, the prize distribution is equally exciting: the first-place victor will secure $7,000; the second-place winner will be granted $6,000; the third-place will receive $5,000; and the fourth and fifth-place winners will be rewarded with $4,000 and $3,000, respectively. Web3 Track: SaveWallet by TronSave ClaimFreeTRX by Stian uDawgBot by uDawgDAO CIROTRX by Brutus Finance Promptron by 0xmad DeFi Track: TronEnergize by TronEnergize GuessThePrice by GuessThePrice ChickenSwap/Bot by Coconut Chicken HandShake by HandShakers Nobles by Nobles Artistry Track: Unclaimed: Fall of Mankind by Unclaimed Decentralised Character AI by PixelCrafter STAR-EX by Theras-Labs Strongcoin by Strongteam Cricket Clash by Cricket Clash Builder Track: JustMoney Swap by JustMoney Pravahini by Pravahini World Craft by World Craft’ers OnChainVision by onchaindev AwpSwap by AwpSwap Integration Track: JustMoney Explorer by JustMoney BttTipBot by onchaindev IntegraTRON by Decon File-Wallet by AmphibianDev CodeHive by HiveTeam Spotlight on Community Champions At the heart of HackaTRON's success lies the commendable efforts of the 'Top 10 Community Contributors', a testament to the power of active participation. These individuals are acknowledged for their unwavering commitment, each meriting a reward of $500: Andreaxino Chukseucharia Fabsltsa Gordian HODL Ines_valerie Manfred_jr Nweke-nature1 Prince-Onscolo Youngyuppie Key Dates to Remember Upon being recognized in the top five of their respective tracks, the community-selected qualifiers will have 100% of their prize amount distributed while judge-selected qualifiers will initially have 30% of their prize amounts allocated. Upon their respective projects launching on the TRON mainnet, the other 70% will be rewarded. The deadline to complete this requirement is June 28th. As HackaTRON Season 6 wraps up, the excitement for Season 7 is already building. Stay tuned for more updates on the HackaTRON competition and other initiatives within the TRON ecosystem. About TRON DAO TRON DAO is a community-governed DAO dedicated to accelerating the decentralization of the internet via blockchain technology and dApps. Founded in September 2017 by H.E. Justin Sun, the TRON network has continued to deliver impressive achievements since MainNet launch in May 2018. July 2018 also marked the ecosystem integration of BitTorrent, a pioneer in decentralized Web3 services boasting over 100 million monthly active users. The TRON network has gained incredible traction in recent years. As of June 2024, it has over 233.71 million total user accounts on the blockchain, more than 7.75 billion total transactions, and over $21.82 billion in total value locked (TVL), as reported on TRONSCAN. In addition, TRON hosts the largest circulating supply of USD Tether (USDT) stablecoin across the globe, overtaking USDT on Ethereum since April 2021. The TRON network completed full decentralization in December 2021 and is now a community-governed DAO. Most recently in October 2022, TRON was designated as the national blockchain for the Commonwealth of Dominica, which marks the first time a major public blockchain partnered with a sovereign nation to develop its national blockchain infrastructure. On top of the government’s endorsement to issue Dominica Coin (“DMC”), a blockchain-based fan token to help promote Dominica’s global fanfare, seven existing TRON-based tokens - TRX, BTT, NFT, JST, USDD, USDT, TUSD, have been granted statutory status as authorized digital currency and medium of exchange in the country. TRONNetwork | TRONDAO | Twitter | YouTube | Telegram | Discord | Reddit | GitHub | Medium | Forum Media Contact Hayward Wong press@tron.network Contact Details Hayward Wong press@tron.network Company Website https://trondao.org/

June 11, 2024 09:55 AM Eastern Daylight Time

Image

1 ... 48 49 50 51 52 ... 638