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HTX DAO and HTX Ventures Attend Blockchain Festival Asia 2024: Advancing the Adoption of Innovative Crypto Technology

HTX DAO

On March 2, HTX DAO attended the Blockchain Festival Asia 2024, sponsoring both the event and the Lanyard session. This marked HTX DAO's debut at a top-tier crypto summit, highlighting its objective to enhance global recognition and attract more renowned industry institutions for its ecosystem development. HTX DAO was officially established on January 18, with the aim of being a leading decentralized autonomous organization in the blockchain ecosystem and focusing on open finance and tokenized economy. Currently, the HTX DAO ecosystem has enlisted the support of 19 major industrial players, including HTX, TRON, Poloniex, BitTorrent, Spark Digital Capital, APENFT, Stratified Capital, JustLend DAO, OIG Group, Double Peak, stUSDT, Zebec, USDD, ANKR, Sun.io, Merkle 3s Capital, WINkLink, TUSD, and Owlit Finance. HTX DAO has expressed its commitment to exploring the possibility of user autonomy within the community, facilitating information sharing across multiple channels. It aims to establish a self-governing ecosystem characterized by reciprocity and mutual benefits among platform and project teams, as well as Key Opinion Leaders (KOLs) and users. By tapping into the community's wisdom and power, HTX DAO is committed to transforming HTX into a truly people-centered exchange. Furthermore, through organizing offline community engagement activities worldwide, HTX DAO endeavors to establish direct and trustworthy connections, thereby encouraging increased participation from practitioners and institutions within the crypto industry towards the development of the HTX DAO ecosystem. During the summit, Amelia Chan, the HTX Strategic Partnerships Lead, was invited to participate in a panel discussion on the topic of "Trading on DEX vs CEX: What’s the Difference and What Are the Risks? KYC Procedures with Technology". The choice between CEX and DEX, according to Amelia, depends on various factors, such as requirements for fund control, attitude towards regulation, user experience, liquidity needs, trading preferences, and the importance placed on anonymity. In comparison, CEX offers convenience and high liquidity, while DEX ensures privacy and allows individuals to have full control over their assets, aligning closely with the decentralized principles of the cryptocurrency industry. Amelia also pointed out that HTX prioritizes user information privacy and asset security. Currently, through the implementation of advanced encryption algorithms and multi-factor authentication mechanisms, the exchange is taking all possible measures to ensure the safety of users' accounts and assets. Moreover, it provides an extensive array of user-friendly trading features and tools, empowering users to perform trades with increased precision, speed, and efficiency. Looking ahead, HTX plans to introduce even more innovative products to cater to the diverse demands of its users. It's noteworthy that HTX Ventures also participated in the summit as an exhibitor. HTX Ventures, the global investment arm of HTX, adopts a strategy of direct investment and fund investment, having invested in over 200 projects in 2023. These projects span various fields, including infrastructure, DeFi, RWA, L1 & L2 public chain ecosystems, SocialFi, NFTs, and education. Seeking to explore emerging business models within the industry, it offers comprehensive support to collaborative projects, including financing, resources, and strategic consulting, to foster the growth of the blockchain ecosystem. In an earlier statement, HTX Ventures mentioned that, in 2024, the Web3 sector is poised for deep integration, improved regulatory adaptability, and a trend towards maturity. This will facilitate the gradual implementation of interoperability between chains and ecosystems, driving the cryptocurrency market towards maturity and mainstream adoption. Moving forward, HTX and HTX Ventures are dedicated to closely monitoring the innovation and development of the Ethereum ecosystem, while continuously advancing investment and project incubation to nurture the next generation of Web3 enterprises. As per reports, the Blockchain Festival Asia 2024 took place in Singapore on March 2. The event brings together experts from various fields including blockchain technology, cryptocurrency exchanges, DeFi, NFTs, cryptocurrency mining, GameFi, and the broader fintech industry, offering a platform to explore cutting-edge industry developments and emerging trends. About HTX DAO As a multi-chain deployed decentralized autonomous organization (DAO), HTX DAO demonstrates an innovative governance approach. Unlike traditional corporate structures, it adopts a decentralized governance structure composed of a diversified group, jointly committed to the success of this organization. This unique ecosystem advocates open values and encourages all DAO participants to propose collaborations and protocol enhancements that can promote the development of HTX DAO. Contact Details HTX DAO media@htxdao.com

March 04, 2024 03:25 AM Eastern Standard Time

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HTX Ventures Invest in BounceBit to Develop Bitcoin Restaking Infrastructure

HTX Ventures

HTX Ventures, the global investment arm of the cryptocurrency exchange HTX, has announced a strategic investment in BounceBit, marking a pivotal step in enhancing the diversity within the Bitcoin Ecosystem. This investment underlines HTX Ventures' commitment to fostering innovation and supporting groundbreaking technologies in the blockchain and cryptocurrency sectors. BounceBit is building a BTC restaking infrastructure that provides a foundational layer for different restaking products, secured by the regulated custody of Mainnet Digital and Ceffu. The BounceBit chain, designed as a showcase of a restaking product within the BounceBit ecosystem, is a PoS Layer 1 secured by validators staking both BTC and BounceBit’s native token – A dual-token system leveraging native Bitcoin’s security with full EVM compatibility. Critical ecosystem infrastructure like bridges and oracles are secured by restaked BTC. Through an innovative CeFi + DeFi framework, BounceBit empowers BTC holders to earn yield across multiple networks. BounceBit has successfully closed a $6-million funding round aimed at constructing a robust BTC Restaking infrastructure. This funding round not only provides the necessary capital but also brings together a consortium of expertise and resources that will be pivotal in realizing BounceBit's goals. Edward Chen, Managing Partner of HTX Ventures, shared insights on the initiative, "BounceBit is attempting to address the consensus and trust issues of Bitcoin sidechains by utilizing centralized custody on top of the conventional sidechain architecture. A centralized plus decentralized Bitcoin ecosystem solution could potentially be a viable approach under the current circumstances. The product's design mechanism and the team exhibit competitiveness and imaginative potential within the domain." Jack Lu, Founder & CEO of BounceBit, acknowledged the significance of the investment round, stating, "Expertise and support from our investors such as HTX Ventures will be instrumental in our mission to build restaking infrastructure to support yield generation for all types of Bitcoin across a variety of networks." BounceBit has demonstrated remarkable early success, securing $445M in Total Value Locked (TVL) within three weeks of its Early Access launch. At its core, BounceBit’s innovation stems from its BTC Restaking mechanism. This relatively new concept acts as the foundation of the project. BounceBit will build a plethora of infrastructure, exploring the use-cases of Restaking for various types of Bitcoin. These infrastructure components are called Shared-Security Clients (SSC). BounceBit’s first showcase of such an SSC will be its BTC Restaking Chain. The BounceBit chain is secured by validators staking both BTC and BounceBit’s native token – A dual-token system leveraging native Bitcoin’s security, liquidity and low volatility. Unlike existing Layer 2 solutions, BounceBit interacts with Bitcoin only on the asset level instead of the protocol level, taking a Layer 1 Proof of Stake approach. BTC Restaking provides shared security to infrastructure and DApps on BounceBit, e.g. bridges and oracles will be validated by restaked BTC. Another highlight of BounceBit is its transparent CeFi foundation that secures users’ assets via the regulated custody of Mainnet Digital and Ceffu, while leveraging on-chain asset traceability. Through an innovative CeFi + DeFi infrastructure, BounceBit empowers BTC holders to earn yield through delta-neutral strategies, whilst being additionally protected by an insurance fund. BounceBit is poised for its Mainnet Launch in April, aligning with the Bitcoin halving. The Testnet is slated for early March. Early TVL contributors have the opportunity to earn BounceBit points at bouncebit.io. About BounceBit BounceBit is building a BTC restaking infrastructure that provides a foundational layer for different restaking products, secured by the regulated custody of Mainnet Digital and Ceffu. The BounceBit chain, designed as a showcase of a restaking product within the BounceBit ecosystem, is a PoS Layer 1 secured by validators staking both BTC and BounceBit’s native token – A dual-token system leveraging native Bitcoin’s security with full EVM compatibility. Critical ecosystem infrastructure like bridges and oracles are secured by restaked BTC. Through an innovative CeFi + DeFi framework, BounceBit empowers BTC holders to earn yield across multiple networks. 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 200 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 IVC, Shima, and Animoca. X (Former Twitter) | Medium Contact Details Michael Wang glo-media@htx-inc.com Company Website https://www.htx.com/en-us/ventures

March 04, 2024 02:29 AM Eastern Standard Time

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HTX Ventures Provides Exclusive Sponsorship for Zen Zone at ETHDenver 2024, Monitoring Ethereum Ecosystem's Growth and Innovation

HTX Ventures

During ETHDenver 2024, HTX Ventures attended the event and exclusively sponsored the Zen Zone. This highlights HTX's close observation of how technological advancements drive the growth and innovation of Ethereum and its ecosystem, while remaining committed to advancing Web3 infrastructure and ecosystem development. In doing so, HTX Ventures supports the next generation of Web3 enterprises and contributes to the development of the HTX ecosystem. HTX Ventures, the global investment arm of HTX, adopts a strategy of direct investment and fund investment, having invested in over 200 projects in 2023. These projects span various fields, including infrastructure, DeFi, RWA, L1 & L2 public chain ecosystems, SocialFi, NFTs, and education. Seeking to explore emerging business models within the industry, it offers comprehensive support to collaborative projects, including financing, resources, and strategic consulting, to foster the growth of the blockchain ecosystem. HTX and HTX Ventures view Ethereum as a vast ecosystem that supports a wide array of applications. Its emphasis on scalability, privacy, and decentralized governance is poised to drive Ethereum towards its vision of becoming a decentralized platform for the new era of digital interaction and collaboration. In HTX Ventures' research report, "Layer2: Status and Trends," it is highlighted that the year 2023 witnessed a major reshuffling in the landscape of new public chains. It's highly unlikely for new public chain projects to replace Ethereum's dominant position in the blockchain space. However, a Layer 2 project, capable of attracting funds, users, and developers from Ethereum, outperforms new public chain projects in bear markets. Layer 2 not only solidifies Ethereum's position but also acts as a catalyst, boosting the value of ETH. HTX Ventures also noted that decentralized sequencers represent one of the solutions to address security and fairness issues in Layer 2 networks. Furthermore, the upcoming EIP-4844 is expected to further reduce the cost of Layer 2 Rollups, thereby promoting the adoption of Layer 2 projects. Consequently, the Layer 2 sector has the potential to emerge as a catalyst for the next bull market. Furthermore, HTX Ventures emphasizes that many projects within the Ethereum ecosystem have yet to launch their tokens. The potential for wealth creation in these projects may extend into the next bull market, attracting widespread attention from users and investors. Additionally, in 2024, the Web3 sector is poised for deep integration, improved regulatory adaptability, and a trend towards maturity. This will facilitate the gradual implementation of interoperability between chains and ecosystems, driving the cryptocurrency market towards maturity and mainstream adoption. Moving forward, HTX and HTX Ventures are dedicated to closely monitoring the innovation and development of the Ethereum ecosystem, while continuously advancing investment and project incubation to nurture the next generation of Web3 enterprises. From February 23 to March 2, ETHDenver 2024 unfolded in Denver, USA. The BUIDLWeek event took place from February 23 to February 28, followed by core activities from February 29 to March 2. Renowned as one of the world's largest and longest-running Ethereum gatherings, ETHDenver primarily attracted Ethereum ecosystem enthusiasts, designers, and developers. The Zen Zone at ETHDenver 2024 provided attendees with a relaxation area featuring various therapeutic experiences. 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

March 04, 2024 02:25 AM Eastern Standard Time

$50M Airdrop Quota Grabbed by 10,000 Users on HTX's Liquid Restaking Debut

HTX

HTX launched its Liquid Restaking feature on February 29 at 09:00 (UTC). Within just 10 minutes, the first $50 million airdrop quota was claimed by over 10,000 users, demonstrating a remarkable level of enthusiasm. HTX's server even briefly experienced a crash. As the first crypto exchange to support Restaking, HTX pioneered the Liquid Restaking event, allowing CEX users to share on-chain rewards in an easy, risk-free way. HTX Launches Liquid Restaking: The First Exchange to Support Restaking HTX, as the first crypto exchange to enable Restaking, kicked off its Liquid Restaking event on February 29 at 09:00 (UTC). Users can register for Liquid Restaking to earn free rewards including cryptocurrencies, such as ETH, USDT, HTX, and TRX, and early airdrops of popular projects such as EigenLayer, Puffer, Merlin Chain, etc. This is undoubtedly the simplest way to access early airdrops. Participation in this event requires your registration via the event page on your HTX App. To be eligible for this event, you can fund your Spot account by making deposits, trades, etc to hold at least $1 worth of BTC, ETH, USDT, HTX, TRX, or other designated assets. Register and enable desired cryptos for Liquid Restaking, and rewards will be distributed in points three days later and displayed on the event page. More importantly, there are no on-chain operations or asset staking required, nor does it affect the trading, deposits, and withdrawals of your assets. After registering for Liquid Restaking, a snapshot of your Spot account balances for the cryptocurrencies you've enabled for the event will be taken at a random time daily. The amount of rewards you can earn is based on these snapshots of your Spot account balances. More holdings mean more rewards. Rest assured that your assets on the HTX exchange will always be safeguarded regardless of any risks that may occur on the blockchain during the event, and the earnings will be distributed in the form of rewards. HTX will fully bear any potential losses that may occur, providing you with a worry-free participation experience. There are four advantages of HTX's Liquid Restaking: - High Value: $50 million staking quota of trending projects' airdrops, with upside potential - Free Claims: One-click operation with no costs - Great Flexibility: Effortless participation and exit with immediate effectiveness - Zero Risk: Principal protection, free rewards, and risk-free farming With a comprehensive understanding of Liquid Restaking, you can master the tips for earning high Restaking yields without taking on any risk. HTX plans to support more cryptocurrencies and other accounts besides the Spot account for Liquid Restaking in the near future. Moreover, a booster will be introduced to enhance the rewards for $HTX holders. Please stay tuned for further announcements. Understanding Restaking What Is Restaking? Restaking is an innovative capital management method in the cryptocurrency staking ecosystem, allowing users to reinvest their cryptos that have staked on a protocol for rewards to more staking protocols for enhanced capital efficiency and potential gains. Restaking boasts many advantages, foremost among them being the optimization of capital utilization. By choosing Restaking, users can engage in multiple staking projects without the need to unlock and transfer assets they have already staked, while not compromising the security and rewards of the staking they engaged in. As a result, users can diversify their income sources while maintaining their contribution to network consensus. Simply put, Restaking offers a new avenue for stakers to earn additional income while bolstering the security and stability of multiple networks. We can illustrate Restaking with an example from daily life: Imagine you have deposits in a savings account at a bank, which provides you with asset certificates. Then you return these certificates to the bank, allowing it to manage your deposits. These deposits not only ensure the safety of your assets but can also be utilized for loans or investments to generate interest or returns. The idea of Restaking mirrors this process, albeit in crypto or blockchain networks. Why Restaking? The advantages are numerous: You gain additional liquidity with your crypto assets. Similar to banks, decentralized finance platforms use your cryptos for lending, thereby earning you additional crypto assets. You boost profits by investing or trading with borrowed cryptos. This approach allows you to seize more opportunities and achieve asset appreciation. You earn interest or returns as a reward for Restaking. Similar to the interest in a savings account, cryptos in Restaking generates returns as your reward. However, Restaking faces a major challenge: liquidity. After being Restaked, the staker's assets are locked up in the nodes and cannot be used for other investments or trading. To tackle this challenge, HTX's Liquid Restaking provides greater flexibility compared to on-chain Restaking. So, what are the advantages of HTX Liquid Restaking compared to on-chain Restaking? 1. Simplicity, Accessibility, and Lower Risk. Users can participate with a simple click on the event page. HTX guarantees that during this event, regardless of any potential on-chain risks, user assets will always be safeguarded. 2. Excellent Asset Liquidity. Users are not required to stake any assets to participate in Liquid Restaking, and their participation in the event will not affect the trading of their assets. Additionally, users can earn staking rewards across different chains depending on the assets they hold. 3. Flexible Earnings. With daily snapshots of spot accounts, even short-term holders have the opportunity to earn rewards. As HTX supports more cryptos for Restaking, users can receive daily staking rewards regardless of the form of their assets on the platform. What Are the Points Obtained from Liquid Restaking Used for? LRS points can be redeemed for corresponding rewards: LRS-BTC for Merlin Chain and BounceBit airdrops; LRS-ETH for EigenLayer and Puffer airdrops; (Please note the actual airdrop rewards are subject to rewards provided by these projects.) LRS-USDT, LRS-TRX, and LRS-HTX for corresponding tokens. Please refer to the official announcements for details. The redemption of LRS-USDT, LRS-TRX, and LRS-HTX points will be available soon, while LRS-BTC and LRS-ETH points can be redeemed within 14 days after the start of the on-chain project airdrops, estimated after April 2024, depending on the on-chain airdrop schedule. The rewards will be credited to participants' Spot accounts. Points for a specific cryptocurrency that a user can receive are calculated using the following formula: Points = Distribution amount on the day * Amount of snapshotted cryptocurrency held by the user / Amount of all participants' assets snapshotted. In simpler terms, you'll receive more points with larger spot asset or earlier registration. 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/

March 04, 2024 01:43 AM Eastern Standard Time

HTX Liquid Restaking Debuts, Creating a New Paradigm for CEX Users to Easily Earn On-Chain Rewards

HTX

As Bitcoin enters a new phase after the breakthrough and on-chain premium projects explode in popularity, the cryptocurrency exchange HTX officially launched the Liquidity Restaking event on February 29 at 09:00 (UTC). This event provides crypto investors with a low-barrier entry into on-chain ecosystems. Easy Engagement with No On-chain Operations, Greater Rewards with Earlier Participation To be eligible for this event, you need to fund your Spot account by making deposits, trades, etc to hold at least $1 worth of BTC, ETH, USDT, HTX, TRX, or other designated assets. Register and enable desired cryptos for Liquid Restaking, and then you can expect rewards as follows: - EigenLayer's initial airdrop (A trending Ethereum restaking project with TVL of over $7 billion) - Puffer's initial airdrop (A trending Ethereum restaking project with TVL of over $1 billion) - Merlin Chain's initial airdrop (A Bitcoin Layer 2 solution with TVL of over $1.5 billion) - BounceBit's initial airdrop (A Bitcoin staking chain with TVL of over $0.45 billion) Crypto rewards, such as ETH, USDT, HTX, and TRX Event rewards will be distributed in various LRS points. You can redeem these points for corresponding cryptocurrencies after the designated projects distribute airdrops. Earlier participation and larger spot assets will bring you greater points. The LRS points obtained from HTX Liquid Restaking can be redeemed for corresponding rewards. LRS-BTC points can be redeemed for Merlin Chain and BounceBit airdrops; LRS-ETH points for EigenLayer and Puffer airdrops. (Please note the actual event rewards are subject to rewards provided by these projects.) LRS-USDT, LRS-TRX, and LRS-HTX for corresponding tokens. Please refer to the official announcements for details. The redemption of LRS-USDT, LRS-TRX, and LRS-HTX points will be available soon, while LRS-BTC and LRS-ETH points can be redeemed within 14 days after the start of the on-chain project airdrops, estimated after April 2024, depending on the on-chain airdrop schedule. The rewards will be credited to participants' Spot accounts. Get Your Slot in $50M Quota to Claim Free Rewards Only on HTX With the launch of Liquid Restaking, HTX marks the first exchange to support restaking. Simply register for Liquid Restaking with your Spot account balance snapshotted, and you can share on-chain rewards generated by a $50M quota, including early airdrops of popular projects such as EigenLayer, Merlin Chain, etc. Here are the popular projects you may get initial airdrops from: Those enrolled in HTX Liquid Restaking represent leading restaking projects across various popular sectors, such as EigenLayer, Puffer, Merlin Chain, and BounceBit. Moving forward, HTX aims to extend its reach to include an even wider selection of trending projects. ● EigenLayer, a leading Ethereum restaking project with a TVL of over $7 billion, delivers decentralized restaking services through a modular protocol layer built on the Ethereum mainnet, enabling LP tokens to generate additional rewards. ● Merlin Chain, a Bitcoin L2 network, currently boasts a TVL of $1.5 billion. It enables users to conduct transactions and execute smart contracts more efficiently on the Bitcoin network by facilitating the interaction between EVM-compatible blockchains and the Bitcoin network. ● BounceBit refers to a platform or protocol specializing in Bitcoin staking, where users can stake Bitcoin to contribute to network security and earn corresponding staking rewards. Based on available information, BounceBit boasts a TVL of over $450 million, indicating a notable level of market acceptance and community trust in the project. The platform's ability to attract substantial staking funds often indicates its commitment to ensuring security and stability in its operation.... The indicator of TVL presents the popularity of these projects. Want to join them all? The HTX Liquidity Restaking event is an excellent choice as it offers a comprehensive plan for users to easily participate and earn multiple on-chain restaking rewards. Here's how to participate in HTX Liquidity Restaking: 1. Log in to your HTX account, and tap Earn > Liquid Restaking. 2. Click Enable All on the event page, select the desired cryptocurrencies, and then click Enable. 3. Upon the system confirmation, you are all set to receive rewards from Liquid Restaking. CEX users can easily participate in on-chain staking on the exchange, making it easy to earn rewards. The earnings are flexible and participation does not affect the trading of assets. Users can choose different assets based on their needs and preferences to participate in the event and earn rewards accordingly. HTX Exchange, as a globally renowned trading platform, ensures the security of users' assets and trading. Rest assured that your assets on the HTX exchange will always be safeguarded regardless of any risks that may occur on the blockchain during the event, and the earnings will be distributed in the form of rewards. HTX will fully bear any potential losses that may occur, providing you with a worry-free participation experience. Highlights of HTX Liquid Restaking: High Value: Win trending projects' airdrops for $50 million staking quota with enormous upside potential Free Claims: One-click operation with no costs Great Flexibility: Effortless participation and exit with immediate effectiveness Zero Risk: Principal protection, free rewards, and risk-free farming The event is now live. The earlier you participate in the HTX Liquid Restaking, the higher earnings you will receive. Greater earnings include higher staking rewards and bonuses. As Bitcoin has entered a new phase, the possibilities in the crypto world are expanding infinitely. On-chain ecosystems will become new opportunities for wealth growth. Seize the opportunity to follow HTX, and become a winner in the new bull market. Participate Now: Starting on February 29, 2024, at 09:00 (UTC), you can click Liquid Restaking on the homepage of the HTX app to register for this event and enable the desired cryptocurrencies for rewards. Remember to fund your Spot account by making deposits, trades, etc, and hold at least $1 worth of BTC, ETH, USDT, HTX, TRX, or other designated assets. 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/

March 04, 2024 12:56 AM Eastern Standard Time

Top 5 New Crypto Coins to Watch in 2024

Spark Metro

The cryptocurrency world keeps evolving rapidly, and 2024 has introduced a wave of exciting new crypto coins. Investors and crypto coins enthusiasts are eager to explore opportunities that promise significant returns. New projects and tokens are emerging every day in this sector. In this article, we shall see the list of new crypto coins considered best for investing in 2024. Stay with us till the end, as it will help you gauge which one is perfect for you to invest in. 5 New Crypto Coins in 2024 Hare are the List of New Crypto Coins of The Year 2024 1. 5th Scape Coin (5thScape) It is a popular new crypto coin which combines virtual reality with the blockchain system, 2. Hypergrowth Protocol (HGP) It is suitable for investors seeking stability in their return on investment. 3. Ocean Data Network (ODN) It is suitable for those investors seeking data privacy while investing in crypto coins. 4. Sustainable Energy Coin (SEN) As the name suggests, these new crypto coins mainly focus on renewable energy. 5. MetaVerse Guild (MVG) These crypto coins allow users to dive into the immersive world to buy and sell properties. Let us take a closer look at all the above new crypto coins: 1. 5th Scape Coin (5thScape) 5th Scape Coin stands out not just for its unique name but also for its ambitious mission to transform the gaming industry. Based on an Ethereum blockchain, 5th Scape aims to create a decentralized virtual gaming ecosystem where players own their in-game assets and experiences. Imagine a world in which you can seamlessly transfer your hard-earned virtual items across different games, participate in community governance, and even monetize your creations through a robust NFT marketplace. It is the vision 5th Scape is striving to make a reality. Click Here to Visit 5thScape Presale Page Key features of 5th Scape Coin Interoperable Game Network: Connect and interact with various games within the 5th Scape ecosystem, carrying your assets and progress with you. Player-Owned Economy: Own your in-game items and currency with the freedom to trade, sell, or utilize them as you see fit. Decentralized Governance: Participate in shaping the platform's future through transparent and accessible voting mechanisms. NFT Marketplace: Create, buy, and sell unique digital assets, giving players the power to monetize their creativity and skills. Sustainable Blockchain: 5th Scape's PoS consensus mechanism significantly reduces the total energy consumption compared to traditional crypto coins mining methods. Seamless VR and AR integration for an immersive gaming experience. Enhanced privacy and security through state-of-the-art encryption technologies. 2. Hypergrowth Protocol (HGP) HGP focuses on DeFi (Decentralised Finance) by offering high-yield staking opportunities. Users can lock their digital assets in Hyper Growth pools, earning passive income through automated yield-generation strategies. HGP utilizes complex algorithms to optimize returns and minimize risks, appealing to individuals seeking stable and profitable crypto investments. The below three hyper-growth crypto coins are worth watching and considering to add to your investment strategy. Avalanche (AVAX-USD): A leading layer-1 network in terms of its architecture. Solana (SOL-USD): Its enhanced performance makes it a strong player and a preferred choice in the DeFi space in 2024. Near Protocol (NEAR-USD): This token has seen outsized interest in recent weeks due to several catalysts. 3. Ocean Data Network (ODN) ODN strategically tackles the issue of data privacy and monetization. It empowers individuals to control their data, selling it on a secure marketplace to researchers and businesses while retaining ownership. ODN aims to democratize data access and create a fairer value distribution system for data owners. 4. Sustainable Energy Coin (SEN) SEN promotes ecological responsibility by connecting investors to renewable energy projects. SEN holders can fund clean energy initiatives and earn rewards based on the generated electricity. This innovative approach encourages investment in renewable energy infrastructure and combats climate change. The vision is to see a future with sustainability, equitable and resilient transportation, buildings and communities. The funds raised through these crypto coins will go to the sustainable energies of low-income communities. 10% tax will be levied, 5% will be distributed to the holders, and 5% will be added to the liquidity of the firm. 5. MetaVerse Guild (MVG) MVG caters to the rapidly growing Metaverse scene. MVG tokens act as a passport to exclusive virtual worlds, enabling users to purchase land, build structures, and engage in unique experiences within the Metaverse. MVG aims to foster a thriving virtual community and drive the development of immersive digital spaces. Remember, the cryptocurrency market is inherently volatile and involves significant risks. Thorough research and a cautious approach are crucial before investing in any new project. We have recreated this list to provide a glimpse into some of the promising newcomers in the crypto landscape, not financial advice. While exploring these fascinating possibilities, keep your eyes peeled for the game-changing potential of the 5th Scape Coin. Its vision for decentralized virtual gaming might reshape how we interact with virtual worlds in the future. Conclusion In conclusion, the new crypto coins of 2024 bring forth a diverse range of offerings, each with its unique value proposition. While hyper-growth protocol tokens stand as promising for gaining substantial returns, investors should carefully research and assess the potential of each coin based on their individual goals and risk tolerance. As the crypto landscape continues to evolve, staying informed about these new opportunities is essential for those looking to ride the wave of innovation in the digital asset space. Contact Details Spark Metro Alex +1 302-597-6768 media@sparkmetro.com Company Website https://sparkmetro.com/

March 03, 2024 11:24 PM Eastern Standard Time

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Solana (SOL) and Avalanche (AVAX) Continue Showing Weekly Gains; KangaMoon (KANG) Seen As the Next 100x Meme Coin

Kangamoon

Solana (SOL) and Avalanche (AVAX) have been on an upward trend in the current crypto market. Both have seen consistent gains week after week. Meanwhile, KangaMoon (KANG) is becoming a hot topic in the meme coin market. This Stage 2 presale star has raised close to $450,000 so far. Thus, becoming the next 100x meme coin in 2024 is a definite possibility. Solana (SOL): Displaying Green Price Charts Recently, Solana (SOL) has been riding a bullish wave. The Solana price has jumped from $101 to $131 in the last 30 days. Not only that, its market cap also increased from $44B to $58B during that time. The More Crypto Online crypto expert believes that this bullish trend may continue. His new YouTube video states that the Solana crypto may surge to $139 soon. The technical analysis for SOL reaffirms this Solana price prediction as 25 indicators are green. Therefore, experts foresee a potential pump to $163 within Q2 of 2024 for this crypto. Avalanche (AVAX): Rises by Nearly 25% Meanwhile, Avalanche (AVAX) is another crypto showing remarkable growth. Notably, CoinMarketCap data indicates that the Avalanche price soared from $35 to $41 in the past month alone. With its market cap also growing from $12B to $15B, it is clear that the Avalanche crypto is on an upward trajectory. Sentiment for this crypto is bullish as Avalanche is now trading above its 50 and 100-day EMAs. Moreover, 26 technical indicators are flashing green for the AVAX coin. Due to all these reasons, analysts have made a bullish Avalanche price prediction. They forecast a surge to $57 within Q2 of 2024. KangaMoon (KANG): A Disruptive Force in the Meme Coin Space KangaMoon (KANG) has established itself in the competitive meme coin space with its unique features. The ongoing presale of the KANG token has raised nearly $450K so far, which is no small feat. Not only that, this number will increase as this project plans to reward all those who purchase this meme coin now with an extra 10% bonus. KANG differentiates from 99% of other meme coins because it has utility. With their Play-to-Earn (P2E) game on the horizon, players can use the KANG token as in-game currency. In other words, KANG will let you upgrade your characters or purchase in-game items. Additionally, access to weekly, monthly, and quarterly challenges is made possible by holding KANG tokens. These challenges provide in-game items as rewards. Players can then sell those items at the KangaMoon marketplace. With such a combination of Social-Fi and P2E elements, KangaMoon has all the tools to become one of the best new meme coins. Currently, one KANG token costs just $0.0075 as it is in Stage 2 of its presale. This is a 50% growth from its starting price. However, if you wish to earn KANG tokens right now, simply buy one KANG, share posts on social media, and spread the word about it. With Stage 2 already being 50% sold out, experts foresee a 100x pump once KANG hits exchanges in Q2 of 2024. What Makes KangaMoon Leagues Above Solana and Avalanche? With only $7.5M in market cap, KangaMoon has nothing stopping it. Compared to Solana and Avalanche, it needs less money to propel the price. Plus, expect KangaMoon to ride the coattails of the rapidly growing P2E NFT Games Market. As per Yahoo Finance, this market may reach $8856M by 2028 - making KANG one of the meme coins to watch. Discover the Exciting Opportunities of the KangaMoon (KANG) Presale Today! Website: https://Kangamoon.com/ Join Our Telegram Community: https://t.me/Kangamoonofficial Integrating GameFi and Play To EarnEmbark on your quest for glory. Assemble your champions, engage in epic battles or bet on your favorite fighters to earn $KANG tokens and exclusive rewards. Gain control of rare NFTs, unlock exclusive content and build alliances with fellow gamers as you ascend the ranks and leaderboards. Contact Details Kangamoon marketing@kangamoon.com Company Website https://kangamoon.com/

March 03, 2024 09:00 AM Central Standard Time

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Bitwise Predicts 'Bigger Wave' for Bitcoin ETFs, VeChain, and a New Altcoin Prepare for Major Rally

Kangamoon

The approval of Bitcoin spot ETFs in January has turned out to be an immense success as they continue to hit record inflows. To add to this, the CIO of Bitwise, Matt Hougan, has predicted that there will be an 'even bigger wave' from ETFs in the coming months. Meanwhile, VeChain (VET) is one of the top altcoins that has been a center of attraction following its recent announcement. With the growing bullish sentiment, crypto experts predict that VET and a new altcoin, KangaMoon (KANG), are set for massive gains in the coming weeks. Bitwise CIO Predicts Bigger Wave for Bitcoin ETFs The capital inflows into Bitcoin ETFs have been growing steadily since its approval in January. Farside recently reported that the daily inflows into Bitcoin ETFs recently peaked at over $673 million. The Bitwise CIO, Matt Hougan, has predicted that there will be an even "bigger wave" for Bitcoin ETFs. Hougan shared this sentiment after two Wall Street giants, Merrill Lynch and Wells Fargo, reportedly began offering spot Bitcoin ETFs. According to Hougan, the entrance of these major wirehouses will fuel the next wave of demand for spot ETFs. He further explained that there is "too much demand for Bitcoin and not enough supply." This prevailing circumstance is mostly bullish and is why BTC is the cryptocurrency to buy. Ahead of its halving in April, many experts have forecasted a new all-time high for Bitcoin. VeChain (VET) Poised for Break Out After Network Expansion The VeChain Foundation recently announced the launch of VeBetterDAO, the next step in its expansion process. VeBetterDAO is designed to be the foundation of a cross-sector sustainability dApp ecosystem and onboard enterprises and individuals into web3. Along with the launch, the VeChain Foundation also launched a new VOT3 token. Another altcoin was launched VHTO, to serve as gas fees. Although the price of VET didn't automatically respond to the launch, crypto analysts are bullish about the altcoin. On the weekly chart, the price of VET has increased by more than 8%, with February being its best month. Highlighting data from CryptoRank, there are predictions that the price of VeChain could potentially increase by 80% to surge to a new ATH in March. KangaMoon (KANG): The New Cryptocurrency To Buy in March KangaMoon (KANG) has been just as impressive as VeChain over the past few weeks. KANG emerged as one of the top altcoins with gains of 50%. KangaMoon has been growing in popularity because of its unique social-fi model. Using this new framework, KangaMoon users are rewarded based on their participation and activity on the network. From activities as easy as engaging and sharing posts on social media platforms, KangaMoon allows users to earn KANG tokens. With this, there has been an increased demand for KangaMoon in its ongoing cryptocurrency ICO phase. This huge demand has seen KangaMoon raise over $450,000 in the first two stages of its ICO. As the project progresses, KangaMoon users will have chances to earn mouth-watering rewards. Currently, there is a 10% bonus on all purchases available in the second stage of its cryptocurrency ICO. While early adopters are already in profit, KangaMoon promises gains of up to 220% before it launches in the first quarter. Closing Thoughts The cryptocurrency market is set to experience a major breakout in the coming months, evidenced by the growing demand for spot Bitcoin ETFs. KangaMoon and VeChain are two crypto coins strategically positioned to benefit from this market growth as they look to expand in the coming months. Discover the Exciting Opportunities of the KangaMoon (KANG) Presale Today! Website: https://Kangamoon.com/ Join Our Telegram Community: https://t.me/Kangamoonofficial Integrating GameFi and Play To EarnEmbark on your quest for glory. Assemble your champions, engage in epic battles or bet on your favorite fighters to earn $KANG tokens and exclusive rewards. Gain control of rare NFTs, unlock exclusive content and build alliances with fellow gamers as you ascend the ranks and leaderboards. Disclaimer: The following disclaimer is important to read and understand before engaging with Kangamoon, a play-to-earn meme coin. By accessing or participating in any activities related to Kangamoon, you acknowledge and accept the terms outlined below: 1 No Financial Advice: This whitepaper and any associated content do not constitute financial advice, investment recommendations, or solicitation to purchase Kangamoon tokens. The information provided is for informational purposes only. It is your responsibility to conduct thorough research and seek professional advice before making any financial decisions. 2 Volatility and Risks: Cryptocurrencies, including Kangamoon, are volatile and subject to significant price fluctuations. Investing in or holding Kangamoon tokens involves substantial risks, including the possibility of total loss. Past performance is not indicative of future results. 3 Regulatory Compliance: The regulatory environment surrounding cryptocurrencies is evolving and varies across jurisdictions. It is your responsibility to ensure compliance with applicable laws and regulations in your country or region before engaging with Kangamoon. 4 Uncertain Market: The market for meme coins and play-to-earn platforms is highly speculative and subject to rapid changes. There is no guarantee of market demand, liquidity, or utility for Kangamoon tokens. Token values may fluctuate drastically and may not reflect the intrinsic value of the project. By continuing to engage with Kangamoon, you acknowledge and accept the risks and limitations outlined in this disclaimer. You should only participate if you fully understand and are willing to assume these risks. Contact Details Kangamoon marketing@kangamoon.com Company Website https://kangamoon.com/

March 02, 2024 09:00 AM Central Standard Time

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Jewish News Syndicate Commentary: Anti-Defamation League ‘Smeared’ NLPC

NLPC

Elle Krasne-Cohen has come to the defense of National Legal and Policy Center in an opinion piece distributed by the Jewish News Service titled, “When Will the ADL Start Fighting Antisemitism on the Left?” She points to the Anti-Defamation League’s embrace of causes like Black Lives Matter and juxtaposes it with an incident closer to home for NLPC: More recently, the ADL smeared two mainstream policy organizations—the National Center for Public Policy Research (NCPPR) and the National Legal and Policy Center (NLPC)—accusing them without evidence of antisemitism. The ADL claimed that mere criticism of “globalism” or “globalist organizations,” including the antisemitic United Nations, is an “antisemitic dog whistle.” Krasne-Cohen continues: The NCPPR and NLPC are mainstream organizations, neither of which, to my knowledge, has displayed antipathy towards Jews or any other racial or religious minority. The smear was in the form of a posting on the ADL website on November 21 titled “Conspiracy Theories, Some With Antisemitic Roots, Crop Up in 2023 Shareholder Proposals.” The post appeared only six weeks after the October 7 Hamas terrorist attack, while antisemitic incidents and demonstrations were exploding worldwide. Why the ADL would devote time and resources to attacking NLPC, which has a long history of fighting antisemitism, was completely baffling to us. Equally baffling, the hit piece was dropped as the Thanksgiving holiday was getting underway. It was almost as if the ADL wanted the story out but didn’t want anyone to report it. The strategy, if it existed, worked because no one else covered it. Even more weirdly, the post itself carried this all-purpose disclaimer that tended to negate the impression that every other word of the post was calculated to create: At this time, there is no evidence to suggest that either organization’s agents espouse overt antisemitism, or that these proposals were filed with antisemitic intentions. So what is going on here? What was behind the attempted smear of NLPC and our ally, the National Center for Public Policy Research? Could it be that the ADL just doesn’t like us filing shareholder proposals, a form of activism dominated for many years by the Left? Krasne-Cohen and a number of other Jewish commentators and activists are making this case that the ADL, under the “leadership” of former Obama White House staffer Jonathan Greenblatt, has devolved into an ideological and partisan tool. ADL’s hit and run on NLPC was actually quite clever. Even if no one paid any attention to it when it was published, whoever wrote it (the piece is unsigned) sought to plant it on the internet for anyone to find for years to come. Any journalist seeking to discredit us can now simply describe NLPC as a “group that, according to the ADL, promotes antisemitic conspiracy theories.” It was a nice try but it is not going to work. NLPC’s track record of fighting antisemitism over many years is just too strong. Indeed, while the ADL has been sanitizing antisemitism by partnering with the likes of Al Sharpton, NLPC has been consistent, resolute and effective. To wit: Ben & Jerry’s - When the Unilever subsidiary Ben and Jerry’s announced in 2021 that it would end ice cream sales in “Occupied Palestinian Territory,” NLPC swung into action, launching the StopBenandJerrys.org website. In September 2021, NLPC filed a Complaint with the Internal Revenue Service (IRS) against Anuradha Mittal, the anti-Israel chair of the Ben & Jerry’s board of directors. A few weeks later, she was named 2021 “Antisemite of the Year” by the website StopAntisemitism.org. Mittal appeared to have violated laws governing self-dealing by acting as a trustee of the Ben & Jerry’s Foundation while approving donations to her personal nonprofit where she is executive director taking a full-time salary. Also, the president of Ben & Jerry’s charitable foundation, Jeff Furman, steered more than $100,000 of its funds to his own nonprofit organization. In the wake of October 7 Hamas attack, Flaherty wrote an op-ed titled, “Unilever, Ice Cream and Antisemitism.” Unilever Divestment - NLPC was a proponent of Unilever divestment efforts in New York, New Jersey, North Carolina and Virginia. From the September 16, 2021, New York Times: “We are doing this because somebody has to hold the independent board of Ben & Jerry’s accountable for their anti-Semitic use of their platform and company resources,” said Tom Anderson, a director of the National Legal and Policy Center. NLPC collaborated with activist investor Michael Asher in support of Unilever divestment by New York State and New York City. In Virginia, Flaherty met with State Attorney General Jason Miyares and urged him to seek divestment of state funds from Unilever. In North Carolina, NLPC asked Treasurer Dale Folwell requesting divestiture of Unilever holdings in public pension funds. Black Lives Matter & Patrisse Cullors - As a result of original NLPC research, Black Lives Matter Global Network Foundation co-founder Patrisse Cullors was forced to resign from the group in 2021. NLPC’s allegations, detailed in a Complaint to the IRS, related to her purchase of four pieces of real estate, and apparent self-dealing and inurnment. NLPC has also emphasized Cullors’ 2015 call at Harvard Law School for individuals to “step up boldly and courageously to end the imperialist project that’s called Israel.” NLPC was early in reporting about Black Lives Matter’s (BLM) links to anti-Israel groups. In 2016, Carl Horowitz, then a member of the NLPC staff, wrote a website post titled “Black Lives Matter Activists Join Anti-Israel Boycott.” Following October 7, NLPC asked Visa, Inc. to remove its BLM endorsement from its website and condemn Hamas and antisemitism. We had raised the BLM issue earlier in the year at the company’s shareholders’ meeting. NLPC had also raised the issue of Coca-Cola’s support for BLM at the company’s annual meeting. ADL’s Omar Resolution - NLPC has been a persistent critic of Reps. Alexandria Ocasio-Cortez, Ilhan Omar, and Rashida Talib. While we have cited financial irregularities in a Federal Election Commission complaint against Ocasio-Cortez and a House Ethics Committee complaint against Omar, NLPC has also criticized hostility to Jews by these members. In 2019, NLPC endorsed and publicized the ADL-initiated House resolution condemning Omar. See this op-ed titled “Antisemitism and Islamophobia: No Moral Equivalence” by Horowitz. Foreign Funding of U.S. Higher Education - The recent spate of on-campus antisemitic incidents has shed light an issue on foreign financial support for American colleges and universities, an issue that NLPC has investigated and publicized for several years. See this column by Charles Gasparino that extensively quotes NLPC Counsel Paul Kamenar. Al Sharpton - Whereas the present leadership of the ADL has sought to erase Sharpton’s past, NLPC will not forget his incitements in the 1991 Crown Heights riots, in which a Jew was murdered, nor will we forgive his dangerous statements, such as “If the Jews want to get it on, tell them to pin their yarmulkes back and come over to my house.” Sharpton was fined $285,000 in 2005 by the Federal Election Commission as a result of an NLPC Complaint for running an “off the books” presidential campaign. For several years, NLPC raised the issue of support for Sharpton’s National Action Network (NAN) at the shareholders’ meetings of American corporations, including PepsiCo, Anheuser-Busch and Colgate-Palmolive. Unlike the ADL, NLPC has never used the fight against antisemitism as a partisan weapon. In 2010, NLPC objected to the sponsorship of Sharpton’s National Action Network annual meeting by the Republican National Committee (RNC) and the participation of then-RNC Chairman Michael Steele. In 2009, NLPC asked former House Speaker Newt Gingrich to end his partnership with Sharpton in a campaign for “education reform.” That same year, NLPC criticized then-President George W. Bush for praising Sharpton. Jesse Jackson - In 2005, the New York Stock Exchange ended its financial support for Jackson’s Citizenship Education Fund, in response to a demand by NLPC that cited Jackson’s 1984 “hymie” and “Hymietown” comments, as well as financial improprieties involving the Fund. And if none of this is good enough for the ADL, it should be noted that NLPC has many Jewish supporters, including prominent individuals and former government officials, several of whom serve on the boards of local and national Jewish organizations. From 2001 to the time of his death in 2019, Edward M. Ackerman of Dallas was a key advisor and major donor to NLPC. His legacy is carried on today by NLPC and the Ackerman Center for Holocaust Studies at the University of Texas at Dallas. The ADL itself has partnered with the Ackerman Center. Founded in 1991, the National Legal and Policy Center promotes ethics in public life through research, investigation, education and legal action. Contact Details National Legal and Policy Center Dan Rene +1 202-329-8357 drene@nlpc.org Company Website http://www.nlpc.org

March 01, 2024 10:00 AM Eastern Standard Time

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