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March 04, 2024 07:00 AM Eastern Standard Time
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News ReleaseATFX appoints FX pioneer Drew Niv as Chief Strategy Officer
500NewsWire
London, March 4th, 2024 - ( 500NewsWire ) -- ATFX proudly announces the appointment of Drew Niv, a distinguished pioneer and thought leader in the FX industry, as its Chief Strategy Officer. With an illustrious career spanning over two decades, Drew Niv brings a wealth of experience and expertise to his new role at ATFX. Drew Niv is widely recognized for his pivotal role in co-founding FXCM in 1999 and serving as its CEO for 19 years. During his tenure, he fostered strategic partnerships with institutional clients, including major hedge funds, prominent banks, and renowned financial institutions worldwide. His visionary leadership has left an indelible mark on the FX industry, with notable contributions to groundbreaking initiatives such as the development of FastMatch in collaboration with Credit Suisse and the establishment of Grid Sight as a forerunner in Machine Learning Artificial Intelligence for analysing and predicting price movements in CFD prices. In his new capacity as Chief Strategy Officer at ATFX, Drew Niv will report directly to Joe Li, Chairman of ATFX Group. Joe Li expressed his enthusiasm for Drew Niv's appointment, stating, "We are delighted to welcome Drew Niv to the ATFX team. His extensive experience and strategic insights will be invaluable as we chart the course for our future growth and development. With Drew Niv on board, we are poised to revolutionize the landscape of financial services. His wealth of experience and strategic insights will play a crucial role in guiding our efforts to introduce groundbreaking financial products and advanced tools into the existing ATFX ecosystem. Moreover, Drew's expertise will be instrumental in forming strategic partnerships that will drive our commitment to delivering unparalleled services that cater to the dynamic requirements of individual and institutional customers globally." ATFX's commitment to innovation is evident in its track record of introducing pioneering technologies such as applying blockchain technologies in loyalty program, and AI-based solution in e-KYC workflows. These advancements reflect ATFX's proactive approach to staying at the forefront of the industry and commitment to empower traders by enhance their trading experiences. Drew Niv's appointment comes as part of ATFX's broader strategy to onboard elite professionals and expand its global footprint. Recent appointments include Linton White as Regional Head for ATFX Africa, Hormoz Faryar as Managing Director of Institutional Sales and Aditya Singh as the new Business Development Director International at ATFX MENA respectively. By recruiting highly experienced professionals like Drew Niv and fostering a culture of innovation and excellence, ATFX is poised to achieve long-term success and solidify its position as a dominant player in the global financial marketplace. About ATFX ATFX is a leading fintech broker with a global presence and licenses from regulatory authorities including the UK's FCA, Cypriot CySEC, UAE's SCA, Australian ASIC, and South African FSCA. With a strong commitment to customer satisfaction, innovative technology, and strict regulatory compliance, ATFX provides exceptional trading experiences to clients worldwide. For further information on ATFX, please visit ATFX Websites https://www.atfx.com. Contact Details ATFX sales.uk@atfx.com Company Website https://www.atfx.com/
March 04, 2024 05:00 AM Eastern Standard Time
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News ReleaseHTX 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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News ReleaseHTX 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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News ReleaseHTX 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
News Release$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
News ReleaseHTX 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
News ReleaseTop 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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News ReleaseBestGrowthStocks.Com Takes a Deep Dive into Potential Fisker Nissan Deal
Fisker
NEW YORK, NY / NewsDirect / March 3rd, 2024 / Best Growth Stocks, a leading independent equity research and corporate access firm focused on finding and reporting on the best growth stocks utilizing exclusive ai-assisted research recently issued a deep dive report into Potential Fisker Deal. Fisker Inc’s (NYSE: FSR) possible $400 million investment from Nissan has piqued the interest of many EV investors. Best Growth Stock's full report breaks through the noise and offers an extensive comprehensive analysis of the potential deal and much more. Access this full analysis free: https://bestgrowthstocks.com/access-fisker-analysis/ (If you cannot click the link above, copy and paste to your browser may be required) Access this full analysis free: https://bestgrowthstocks.com/access-fisker-analysis/ (If you cannot click the link above, copy and paste to your browser may be required) About Fisker Inc. California-based Fisker Inc. is revolutionizing the automotive industry by developing the most emotionally desirable and eco-friendly electric vehicles on Earth. Passionately driven by a vision of a clean future for all, the company is on a mission to become the No. 1 e-mobility service provider with the world's most sustainable vehicles. To learn more, visit www.FiskerInc.com – and enjoy exclusive content across Fisker's social media channels: Facebook, Instagram, Twitter, YouTube, and LinkedIn. About Best Growth Stocks Best Growth Stocks is a leading independent equity research and corporate access firm focused on finding and reporting on the best growth stocks utilizing our exclusive ai-assisted research. BGS is also a financial news provider, focused on giving investors direct access to CEOs of promising, publicly-traded companies, and market experts. Our CEO interviews aim to answer the questions that rest on the minds of current and future shareholders. This is not to be construed as financial advice. Please consult with a licensed financial advisor before making any investment decisions. Contact Details Best Growth Stocks Steve Macalbry Editor@bestgrowthstocks.com
March 03, 2024 01:36 PM Eastern Standard Time
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