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TRON Network Officially Supported By LayerZero

TRON DAO

Geneva, Switzerland, May 28, 2024 – The TRON DAO has officially announced LayerZero support for the TRON blockchain, making TRON the second non-EVM chain to be integrated into LayerZero’s cross-chain interoperability protocol. This significant development allows TRON ecosystem developers to seamlessly expand their applications to over 70 other networks supported by LayerZero. LayerZero is a cutting-edge interoperability protocol designed to facilitate seamless interactions between different blockchain networks. With LayerZero’s integration, TRON developers can now effortlessly deploy their decentralized applications (dApps) across multiple blockchain platforms, enhancing interoperability and accessibility. This capability also enables developers on other LayerZero-supported networks to bring their applications to the TRON mainnet. TRON is a leading public blockchain with one of the most active user bases. Showcasing nearly 1.8 million daily active users and around a 50% market share of USDT, the most utilized stablecoin across the globe, according to DeFiLlama. With this new collaboration, the TRON DAO continues to advance blockchain interoperability, providing developers with the tools necessary to innovate and expand their reach, driving the adoption of decentralized technologies. Dave Uhryniak, Ecosystem Development Leader at TRON DAO, expressed enthusiasm about the integration: “Integrating LayerZero into the TRON ecosystem marks a significant milestone in our mission to enhance blockchain interoperability. This integration provides our developers with unprecedented opportunities to expand their applications across multiple networks, fostering greater innovation and growth.” Simon Baksys, VP of Business Development at LayerZero added, “We are excited to support the TRON blockchain, broadening the horizons for developers across all LayerZero-supported networks. This integration will unlock new opportunities and facilitate seamless cross-chain interactions, driving the future of decentralized applications.” This collaboration between LayerZero and TRON not only underscores the importance of cross-chain interoperability but also paves the way for a more connected and versatile blockchain ecosystem. By enabling seamless communication and interaction between diverse blockchain networks, this integration is set to drive the next wave of decentralized innovation and adoption, creating a more inclusive and efficient digital economy. 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 May 2024, it has over 230.22 million total user accounts on the blockchain, more than 7.64 billion total transactions, and over $22.12 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/

May 28, 2024 09:00 AM Eastern Daylight Time

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BDA To Hold Second Bermuda Reception at Consensus

Bermuda Business Development Agency

The Bermuda Business Development Agency (BDA) will hold its second Bermuda Reception at Consensus, the world’s largest gathering of digital asset, blockchain and Web3 enthusiasts in Austin, Texas this week. Kendaree Burgess, COO of the BDA said, “Bermuda continues to build on its reputation as a global thought leader in the realm of robust yet pragmatic digital asset regulation and supervision, as recently evidenced by the appointment of Sheila Warren, CEO of the Crypto Council for Innovation, to the board of the Bermuda Monetary Authority (BMA).” Ms. Burgess continued, “Our Bermuda reception provides all local delegates and their guests the opportunity to take a virtual lap around Hamilton, with organisations like the BMA, service providers and government all present. The accessibility of the event mimics the ease of doing business and making connections in Bermuda.” Bermuda’s reception will be held on Thursday, May 30 from 5pm to 7.30pm. Attendees will enjoy Bermuda entertainment and could win a weekend trip for two to Bermuda courtesy of BermudAir and The Loren Hotels. Email events@bda.bm to RSVP. During their time at Consensus, the BDA and other members of the Bermuda delegation will hold business development meetings with key leaders expressing an interest in setting up operations in Bermuda. If you wish to meet with team Bermuda at Consensus, email the BDA’s Business Development Manager, Korrin Lightbourne at korrin@bda.bm. If you want to learn more about how the BDA’s dedicated concierge service can assist you with setting up your next investment in Bermuda, email info@bda.bm. The BDA thanks all our ‘Bermuda Reception at Consensus‘ silver sponsors including Bermuda Tourism Authority, BermudAir, The Loren Hotels, Goslings, and Walkers. The BDA’s presence at Consensus 2024 aligns with the ‘Local and International Business Retention’ and ‘Business Attraction and Investment Promotion’ strategic priorities outlined in Bermuda’s Economic Development Strategy. The Bermuda Business Development Agency (BDA) encourages direct investment and helps companies start up, re-locate, or expand their operations in our premier jurisdiction. An independent, public-private partnership, we connect you to industry professionals, regulatory officials, and key contacts in the Bermuda government to assist domicile decisions. Contact Details Bermuda’s Business Development Agency (BDA) Stuart Roberts, Director, Marketing & Communications +1 441-707-0038 stuart@bda.bm Company Website https://bda.bm

May 28, 2024 08:45 AM Eastern Daylight Time

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Taking The AI Industry By Storm: The Story Behind iLearningEngines' Rise To A $420 Million Enterprise

Benzinga

By Faith Ashmore, Benzinga iLearning Engines (NASDAQ: AILE), a leading Applied AI platform for learning and work automation, has recently gone public following a merger with Arrowroot Acquisition Corp. The company was founded by Harish Chidambaran, who drew inspiration for its creation from the time his mother was diagnosed with stage four breast cancer. Despite all the knowledge out there, the information she needed was not available to her. Chidambaran felt that health systems could do a better job in delivering vital content in realtime and in context. As a microprocessor architect at Sun MicroSystems, Chidambaran leveraged AI principles to vastly improve computing power, which underpinned his conclusion that AI is the key to achieving this vision. This problem is not unique to health systems alone but applies to many other organizations. iLearningEngines was built to enable organizations to make better use of their organizational knowledge. This led Chidambaran to envision an intelligent enterprise knowledge management system that could comb through thousands of data points and translate them into easily digestible educational material. This concept rapidly expanded to include workflow automation and seamless integration of content into people's daily work processes. Initially called iHealthEngines, iLearningEngines began with a focus on healthcare systems. It developed a platform that enabled hospital systems to convert their existing content into various learning artifacts, integrating AI capabilities to enhance the learning experience and deliver the content to different stakeholders. However, it became apparent that virtually any sector could benefit from the applied AI platform and the company was quickly renamed to iLearningEngines as the team worked on how to scale the business to include other industries without losing the trust of existing partners. iLearningEngines Pays For Reliable Data iLearningEngines' platform stands out due to its strong out-of-the-box platform AI capabilities. Unlike many competitors, who struggle to build bespoke AI solutions on existing platforms, iLearningEngines provides an out-of-the-box platform built on proprietary models and data tailored for each of the verticals that iLearningEngines operates in. iLearningEngines’ platform can be quickly implemented and enable customers to rapidly productize and deploy AI applications, AI agents, and use cases. This approach, deploying multiple applications on a single platform, combined with its emphasis on high-impact use cases and partner enablement, contributes significantly to iLearningEngine’s success. Chidambaran stresses the importance that iLearningEngines continues to pay for data acquisition, as it has done going back to 2018. This way, he says iLearningEngines can ensure that the data used to train and fine-tune their enterprise models and use cases is not only high-quality but also legally obtained. iLearningEngines' decision to compensate data sources fairly, even when it was not an industry standard, has mitigated copyright risks and provided a level of data sovereignty that is important to its enterprise clientele. iLearningEngines says this has inevitably built trust with partners and customers, especially as several AI-driven companies face intellectual property concerns. iLearningEngines has seen major success with partners and enterprise clients. With significant revenue growth coming from upselling, its ability to deliver ROI and ensure customer satisfaction is apparent. Notably, iLearningEngines closed out 2023 with over $420 million in revenue. iLearningEngines has continued its strong performance in Q1 2024, with $125 million in revenue. With so many companies fighting for dominance in the AI space, iLearningEngines has built a strong foundation that appears to be ripe for continued growth. Featured photo by JHVEPhoto on Shutterstock 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

May 28, 2024 08:30 AM Eastern Daylight Time

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Copper Prices Could Climb 50% as AI, Green Energy and Defense Spending Drive Demand

MarketJar

Copper is becoming an indispensable industrial commodity, akin to oil's prominence in past decades, according to leading commodities analyst Jeff Currie. 1 Copper prices are hitting record highs, with benchmark prices in London around $10,000 per ton, more than double the lows seen during the pandemic in early 2020. Currie attributes this surge to new economic forces such as artificial intelligence (AI), the growth of data centers, and the green energy revolution, along with increased military spending on new weapons systems. "Copper is the new oil," he stated on Bloomberg TV, calling it "the highest-conviction trade I’ve ever seen." Copper has traditionally been a key industrial indicator due to its wide range of uses in manufacturing, construction, and electronics. However, the recent influx of billions of dollars into AI and renewable energy presents a new dynamic for copper's future. Currie, who made a similar prediction in 2021 while at Goldman Sachs, believes this time is different due to the combined demand from AI, green energy, and the military. Despite high demand, supply remains tight since bringing new copper mines online can take 12 to 26 years. Currie predicts this imbalance will drive prices to $15,000 per ton. Currently, copper prices are already at record highs, around $10,000 per ton. At some point, prices may reach a level that causes "demand destruction," where buyers resist high costs. However, Currie is unsure what that price level might be. Reflecting on the 2000s, when crude oil prices soared from $20 to $140 per barrel, he sees a similar significant upside for copper. This anticipated surge in copper demand aligns perfectly with the strategic positioning of companies like Gladiator Metals Corp. (TSXV:GLAD) (OTCQB:GDTRF) (FSE: ZX7) a mineral exploration company focused on the advancement and development of multiple high-grade copper prospects in Canada’s Whitehorse Copper Belt. Gladiator Metals ’ Whitehorse Copper Project in the Yukon is notable for its significant high-grade copper mineralization, supported by recent geophysical surveys and historical drilling results that found high copper grades ranging from 1.42% to 1.54%, with potential by-product credits of gold, silver, and molybdenum potentially enhancing the value of the recovered materials by up to 25%. and recent geophysical surveys. The project includes 30 known prospects within a 35 km by 5 km belt and is strategically located in a stable, mining-friendly Tier-1 jurisdiction with excellent infrastructure, including roads and grid hydro power, supporting lower-cost, low-emission copper production. Previously owned by Hudbay Minerals, the project produced around 10 million tons of copper at approximately 1.5%. However, Hudbay only scratched the surface, lacking the technology to fully unlock the potential of these deposits, giving Gladiator Metals a unique opportunity to uncover substantial new resources. Having already completed 7,000 meters confirming historical drill results, Gladiator Metals is targeting a potential future resource of 100 million tonnes at 1.5-2% CuEq. Gladiator Metals Unveils High-Grade Copper Finds at Cowley Park Prospect On May 23, Gladiator Metals Corp. (TSXV:GLAD) (OTCQB:GDTRF) (FSE: ZX7) announced significant assay results from the Cowley Park prospect at the Whitehorse Project. These results are from historical drill holes that had not previously been logged or assayed and further define the continuity of high-grade copper skarn mineralization at Cowley Park. Key drill results include 10.3 meters at 1.92% Cu and 1,459 ppm Mo from 131.7 meters in hole 19-CP-14, 10 meters at 1.07% Cu from 49 meters (within 24 meters at 0.63% Cu from 35 meters) in hole CP-149, and 8 meters at 1.02% Cu from 105 meters in hole CP-159. The interval in CP-159 represents the most south-easterly intercept of copper skarn mineralization to date, with mineralization remaining open under cover. These findings also highlight several promising exploration targets: the South Eastern Extension could expand the mineralized system, the North Eastern Extension remains open with significant historic intercepts like 43.28 meters at 2.24% Cu, and additional unexplored sub-parallel trends show great potential. Mineralization remains open at depth, with significant intervals like 14.33 meters at 1.22% Cu from recent drilling still unexplored. “These new results, combined with geological modeling of the Cowley Park prospect have highlighted multiple new areas of exploration upside undercover away from the known mineralization. These areas are key targets for summer exploration programs,” said Gladiator Metals CEO, Jason Bontempo. With a tight share structure of 40 million shares, 34% of which are owned by insiders, and a planned 25,000 meter drill program over the next 12 months, Gladiator Metals is strategically positioned to become a major player in the copper industry. Visit this website or explore their corporate presentation to learn more about Gladiator Metals Corp. (TSXV:GLAD) (OTCQB:GDTRF) (FSE: ZX7). Footnote: [1] https://fortune.com/2024/05/19/copper-price-outlook-15000-per-ton-crude-oil-ai-green-energy-data-centers/ Disclosure: 1) The author of the Article, or members of the author’s immediate household or family, do not own any securities of the companies outlined in this Article. The author determined which companies would be included in this article based on research and understanding of the sector. 2) The Article was issued on behalf of and sponsored by, Gladiator Metals Corp. Market Jar Media Inc. was paid $1,500 USD for the production and publishing of this article by Gladiator Metals Corp.’s Digital Marketing Agency of Record (Native Ads Inc.). Additional details relating to Market Jar Media Inc.’s engagement by Gladiator Metals Corp.’s Digital Marketing Agency of Record (Native Ads Inc.) are set out in https://pressreach.com/disclaimer-glad. 3) Statements and opinions expressed are the opinions of the author and not Market Jar Media Inc., its directors or officers. The author is wholly responsible for the validity of the statements. The author was not paid by Market Jar Media Inc. for this Article. Market Jar Media Inc. was not paid by the author to publish or syndicate this Article. Market Jar has not independently verified or otherwise investigated all such information. None of Market Jar or any of their respective affiliates, guarantee the accuracy or completeness of any such information. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security. Market Jar Media Inc. requires contributing authors to disclose any shareholdings in, or economic relationships with, companies that they write about. Market Jar Media Inc. relies upon the authors to accurately provide this information and Market Jar Media Inc. has no means of verifying its accuracy. 4) The Article does not constitute investment advice. All investments carry risk and each reader is encouraged to consult with his or her individual financial professional. Any action a reader takes as a result of the information presented here is his or her own responsibility. By opening this page, each reader accepts and agrees to Market Jar Media Inc.'s terms of use and full legal disclaimer as set forth here. This Article is not a solicitation for investment. Market Jar Media Inc. does not render general or specific investment advice and the information on PressReach.com should not be considered a recommendation to buy or sell any security. Market Jar Media Inc. does not endorse or recommend the business, products, services or securities of any company mentioned on PressReach.com. 5) Market Jar Media Inc. and its respective directors, officers and employees hold no shares for any company mentioned in the Article. 6) This document contains forward-looking information and forward-looking statements, within the meaning of applicable Canadian securities legislation, (collectively, “forward-looking statements”), which reflect management's expectations regarding Gladiator Metals Corp.’s future growth, future business plans and opportunities, expected activities, and other statements about future events, results or performance. Wherever possible, words such as “predicts”, “projects”, “targets”, “plans”, “expects”, “does not expect”, “budget”, “scheduled”, “estimates”, “forecasts”, “anticipate” or “does not anticipate”, “believe”, “intend” and similar expressions or statements that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved, or the negative or grammatical variation thereof or other variations thereof, or comparable terminology have been used to identify forward-looking statements. These forward-looking statements include, among other things, statements relating to: (a) revenue generating potential with respect to Gladiator Metals Corp.’s industry; (b) market opportunity; (c) Gladiator Metals Corp.’s business plans and strategies; (d) services that Gladiator Metals Corp. intends to offer; (e) Gladiator Metals Corp.’s milestone projections and targets; (f) Gladiator Metals Corp.’s expectations regarding receipt of approval for regulatory applications; (g) Gladiator Metals Corp.’s intentions to expand into other jurisdictions including the timeline expectations relating to those expansion plans; and (h) Gladiator Metals Corp.’s expectations with regarding its ability to deliver shareholder value. Forward-looking statements are not a guarantee of future performance and are based upon a number of estimates and assumptions of management in light of management’s experience and perception of trends, current conditions and expected developments, as well as other factors that management believes to be relevant and reasonable in the circumstances, as of the date of this document including, without limitation, assumptions about: (a) the ability to raise any necessary additional capital on reasonable terms to execute Gladiator Metals Corp.’s business plan; (b) that general business and economic conditions will not change in a material adverse manner; (c) Gladiator Metals Corp.’s ability to procure equipment and operating supplies in sufficient quantities and on a timely basis; (d) the accuracy of budgeted costs and expenditures; (e) Gladiator Metals Corp.’s ability to attract and retain skilled personnel; (f) political and regulatory stability; (g) the receipt of governmental, regulatory and third-party approvals, licenses and permits on favorable terms; (h) changes in applicable legislation; (i) stability in financial and capital markets; and (j) expectations regarding the level of disruption to as a result of CV-19. Such forward-looking information involves a variety of known and unknown risks, uncertainties and other factors which may cause the actual plans, intentions, activities, results, performance or achievements of Gladiator Metals Corp. to be materially different from any future plans, intentions, activities, results, performance or achievements expressed or implied by such forward-looking statements. Such risks include, without limitation: (a) Gladiator Metals Corp.’s operations could be adversely affected by possible future government legislation, policies and controls or by changes in applicable laws and regulations; (b) public health crises such as CV-19 may adversely impact Gladiator Metals Corp.’s business; (c) the volatility of global capital markets; (d) political instability and changes to the regulations governing Gladiator Metals Corp.’s business operations (e) Gladiator Metals Corp. may be unable to implement its growth strategy; and (f) increased competition.Except as required by law, Gladiator Metals Corp. undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future event or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events. Neither does Gladiator Metals Corp. nor any of its representatives make any representation or warranty, express or implied, as to the accuracy, sufficiency or completeness of the information in this document. Neither Gladiator Metals Corp. nor any of its representatives shall have any liability whatsoever, under contract, tort, trust or otherwise, to you or any person resulting from the use of the information in this document by you or any of your representatives or for omissions from the information in this document. 7) Any graphs, tables or other information demonstrating the historical performance or current or historical attributes of Gladiator Metals Corp. or any other entity contained in this document are intended only to illustrate historical performance or current or historical attributes of Gladiator Metals Corp. or such entities and are not necessarily indicative of future performance of Gladiator Metals Corp. or such entities. 8) Investing is risky. The information provided in this article should not be considered as a substitute for professional financial consultation. Users should be aware that investing in any form carries inherent risks, and as such, there is a possibility of losing some or all of their investment. The value of investments can fluctuate significantly within a short period, and investors must understand that past performance is not indicative of future results. Additionally, users should exercise caution as transactions involving investments may be irreversible, even in cases of fraud or accidental actions. It is crucial to acknowledge that rapidly evolving laws and technical issues can have adverse effects on the usability, transferability, exchangeability, and value of investments. Furthermore, users must be cognizant of potential security risks associated with their investment activities. Individuals are strongly encouraged to conduct thorough research, seek professional advice, and carefully evaluate their risk tolerance before engaging in any investment endeavors. Market Jar Media Inc. is neither an investment adviser nor a broker-dealer. The information presented on the website is provided for informative purposes only and is not to be treated as a recommendation to make any specific investment. No such information on PressReach.com constitutes advice or a recommendation. Contact Details James Young +1 800-340-9767 campaigns@pressreach.com Company Website https://pressreach.com

May 28, 2024 08:30 AM Eastern Daylight Time

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HTX's Asia Tour During 2024 Bitcoin Pizza Day: A Carnival Connecting the Crypto Community

HTX

When programmer Laszlo Hanyecz made history in 2010 by using 10,000 Bitcoins to buy two pizzas, the digital currency was still an obscure novelty known only to a small number of people. But nowadays, Bitcoin has gained a large following and has been adopted by millions of people around the world. It has achieved widespread recognition, with May 22nd now commemorated annually as Bitcoin Pizza Day across the global crypto community. The celebration of Bitcoin Pizza Day with friends from around the world has become an established tradition on HTX. This year, the platform has launched over 11 online BTC Pizza Day Carnival events, with a total prize pool exceeding 1 million USDT up for grabs. Moreover, beyond just online celebrations, HTX also hosts offline in-person gatherings, which hold an irreplaceable appeal for community-focused events like this. During the Bitcoin Pizza Day period, HTX embarked on an Asia tour, making stops in destinations including Chinese Taiwan, Vietnam, and the Philippines, to share pizzas with the platform's users and celebrate this special day for the crypto sphere together. From May 21 to 22, HTX's presence was evident at various event locations across Asia. Titleholders of Miss Asia were spotted driving BMWs specially wrapped with HTX branding, distributing pizzas to VIP clients, KOLs, and business partners across various locations. People from diverse backgrounds and speaking various dialects, who share a common belief in Bitcoin, also came together through their connection with HTX. In celebration of the 2024 Bitcoin Pizza Day, HTX rolled out an array of innovative online and offline events, aiming to provide richer experiences and greater benefits for cryptocurrency enthusiasts around the world. While the Pizza Day festivities have concluded, HTX will remain committed to investing in this sector. The platform will introduce more unique events, offering innovative gameplay within different exchange services and facilitating in-person communication offline. These initiatives are designed to cater to the diverse needs of users and greatly enhance their overall experience. Counting down to your presence next year for another fantastic Bitcoin Pizza Day celebration! 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/

May 27, 2024 12:48 PM Eastern Daylight Time

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HTX Unveils ETH Trading Contest: Enhancing Focus and Support for the Ethereum Ecosystem

HTX

The U.S. SEC has approved the 19b-4 forms for eight Spot Ether ETFs. To celebrate this historic milestone in the crypto sphere, HTX is launching a trading contest featuring ETH and related cryptocurrencies on May 24. By trading designated cryptos in spot and margin, participants have the chance to share in a prize pool of 10,000 USDT. HTX has been a staunch supporter and promoter of innovation and development within the Ethereum ecosystem. Through this trading contest, the platform aims to contribute to the continuous growth and expansion of the Ethereum ecosystem. According to HTX's official announcement, the event will last from 12:00 (UTC) on May 24, 2024, to 12:00 (UTC) on May 31, 2024, with applicable cryptos including ETH, ONDO, PEPE, WOJACK, PEOPLE, TURBO, ENS, SSV, PENDLE, and BANANA. By trading these 10 designated cryptos in spot and margin during the event period, participants will be eligible to split a 10,000 USDT prize pool based on their spot and margin trading volumes, with the potential to earn up to 2,000 individually. Throughout the event, users who visit the event page on any given day will be automatically enrolled in the event, and their trading volume during the event period will be calculated. It is worth mentioning that participants engaging in margin trading for ETH/USDT, ONDO/USDT, PEPE/USDT, PEOPLE/USDT, and PENDLE/USDT will have their trading volume multiplied by 3 times for this event. The SEC has given the green light for the listing of several Spot Ether ETFs on U.S. stock exchanges, approving the asset managers' 19b-4 forms on May 23 (UTC), including those from BlackRock, Fidelity, and Grayscale. In addition, there are another six spot Ethereum ETFs awaiting approval. HTX has highlighted that the approval of Spot Ethereum ETFs marks a new milestone for the crypto space, occurring over four months after the approval of Spot BTC ETFs. This progress is expected to drive the crypto market to new all-time highs. HTX has consistently monitored and supported the development of the Ethereum ecosystem, committed to growing alongside this innovative technology. Looking forward, the platform will remain a steadfast supporter and active participant in the Ethereum ecosystem, collaborating with the global community to explore and unlock the infinite opportunities of Web3. 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/

May 27, 2024 12:47 PM Eastern Daylight Time

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Nextech3D.ai's Q1 Performance: Enhancing Profitability Through Strategic Measures

Nextech3D.AI

Nextech3D.ai CEO Evan Gappelberg joined Steve Darling from Proactive to discuss the company's Q1 performance. Despite a slight drop in revenue, Gappelberg highlighted a significant improvement in the company's profit margin, which rose from 30% in Q1 2023 to an impressive 51% in Q1 2024. This notable enhancement is attributed to aggressive cost reduction measures, including the relocation of operations to India. Monthly expenses decreased from $2.2 million to $850,000, with further reductions anticipated in Q2. Gappelberg underscored the importance of enterprise customers, particularly mentioning Nextech3D.ai's largest client, Amazon, and the addition of new enterprise clients. The company continues to excel in 3D modelling, delivering thousands of models monthly. Recent expansions include the introduction of a new AI-powered 3D model search engine, an expanded AR tech team in Hyderabad, and an entry into the jewellery industry. Moreover, Nextech3D.ai launched an AI technology incubator and obtained pivotal patents for generating 3D models from 2D images. Gappelberg emphasized that while Q1 revenue was modest, the company's focus remains on long-term profitability. Nextech3D.ai aims to secure five large enterprise deals, which are anticipated to drive future growth. Gappelberg expressed confidence in their strategic approach and extended gratitude to shareholders for their ongoing support. Contact Details Proactive United States +1 347-449-0879 action@proactiveinvestors.com

May 27, 2024 12:13 PM Eastern Daylight Time

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Time to Harvest! HTX Liquid Restaking Injects ETHFI & zkLink Airdrops and Allows Points Redemption Soon

HTX

This summer, as the scorching heat envelopes the Northern Hemisphere, an even more exciting anticipation filled the air—the arrival of the restaking airdrop harvest season. HTX, the global leading cryptocurrency exchange, is heating up the restaking season with the addition of Etherfi (ETHFI) and zkLink airdrops to its Liquid Restaking event. Points earned through the event will soon be accessible for redemption, allowing users to capitalize on their participation. According to the previous report, the event has recently increased its quota to over $150 million and introduced a new version featuring a clearer reward display and automatic update from LRS points to r-points. What is New on HTX Liquid Restaking This May? HTX reportedly added Etherfi (ETHFI) and zkLink to its Liquid Restaking event's rewards pool on May 22. Additionally, the point redemption feature will be available starting at 03:00 (UTC) on May 31, with the approaching first batch of rewards including BouncebBit airdrops, ETHFI, TRX, USDT, and $HTX. Let's look at the update details as follows: 1. Enabling BTC: A daily prize pool of 250,000 r-ZKL points, equivalent to zkLink airdrops by staking 500 BTC daily. 2. Enabling ETH: A daily prize pool of 50,000 r-ETHFI points. 100 r-ETHFI = 1 ETHFI 3. BounceBit points (r-BB) distribution will be ceased on May 22. You can redeem your r-BB points for rewards starting on May 31. Moreover, HTX will continuously increase the event quota and introduce new premium projects based on the event participation to help you earn more than on-chain retaking. Join Restaking on HTX: Enjoy Effortless On-chain Airdrops Together with Tens of Billions of Smart Money The restaking sector is growing stronger and more mature with over $20 billion TVL, thanks to the engagement of notable institutions including Ethereum Foundation, Polychain Capital, and ABCDE, leading platforms like HTX, Binance, and OKX, as well as major ecosystem participants. As a leading exchange in retaking, HTX has cherry-picked premium restaking projects, such as Merlin, BounceBit, EigenLayer, and Puffer to its Liquid Restaking event. In addition, HTX Liquid Restaking employs a dedicated research team for projects' security audits, on-chain participation analyses, and team assessments. Participating in the event means mirroring the choices of mega smart money and the professional team. You are just one click away from easy participation in restaking for fruitful rewards. ● Safer: HTX's latest Merkle Tree Proof of Reserves shows that the reserve ratio exceeds 100%, and regular asset audits are performed to ensure sufficient reserves to safeguard user assets. ● Simpler: The event features no entry requirements, with one-click participation by holding assets in your HTX spot/futures account. It also highlights flexibility and no lockups, where you can deposit/withdraw your assets at any time. The event will cover all the on-chain operations, allowing you to enjoy seamless investing. ● More Effortless: Receive instant points after registration and redeem for rewards anytime. Earn more airdrops by enabling certain assets for several restaking projects. BTC Participation Earns You: MERL tokens from Merlin Chain (already airdropped), with APR over 88%; This May, millions of BB tokens from BounceBit with an estimated value of nearly $1B; upcoming zkLink token airdrop; and future airdrops from reputable restaking projects like Babylon. ETH Participation Earns You: EIGEN tokens from EigenLayer with over 3M ETH staked; upcoming PUFF airdrop from Puffer Finance; over 3% APR on stETH from Lido; future airdrops from other projects, such as Etherfi, Swell, Renzo, and KelpDAO. Additionally, you can enable USDT, TRX, and $HTX for corresponding on-chain rewards. Just stay tuned for more airdrop updates on HTX. Liquid Restaking is a CEX-based airdrop event launched by HTX. It allows users to effortlessly enjoy popular on-chain airdrops for free, with no entry barriers. Participation is simple, but the opportunity is lucrative, as the restaking space boasts a market cap of tens of billions of dollars. You can participate with a simple click on the event page, with this portal: HTX app > Earn > Liquid Restaking. Don't miss out on this gateway to easily share in on-chain restaking rewards. 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/

May 25, 2024 11:43 AM Eastern Daylight Time

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TRON Network Collaborates with FearsOff to Enhance Security

TRON DAO

Geneva, Switzerland, May 24, 2024 – The TRON DAO announces a collaboration with FearsOff, a leading cybersecurity auditing firm based in Dubai. Renowned for its elite team of ethical hackers, FearsOff specializes in continuous offensive security testing for the world's largest crypto-exchanges and blockchain networks. This collaboration is set to enhance the TRON network’s robust security infrastructure with FearsOff’s advanced expertise and state-of-the-art tools. Marwan Hachem, Chief Operating Officer at FearsOff, expressed his enthusiasm: “We’re delighted to collaborate with TRON and honored to play a pivotal role in strengthening the cyber resilience of the #1 blockchain by monthly active users and USDT settlements. This proactive collaboration enables us to build a safe Web3 ecosystem”. By embracing this collaborative approach, TRON underscores its commitment to transparency, continuous improvement, and the highest standards of cybersecurity. This partnership with FearsOff illustrates TRON's forward-thinking strategy, ensuring their blockchain ecosystem remains resilient and secure. 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 May 2024, it has over 231.9 million total user accounts on the blockchain, more than 7.69 billion total transactions, and over $21.94 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/

May 24, 2024 01:13 PM Eastern Daylight Time

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