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Direxion Unveils LMBO and REKT: Bold Trades For, and Against, the Crypto Industry

Direxion

Direxion, a leading provider of tradeable and thematic ETFs, today announced the launch of the Direxion Daily Crypto Industry Bull 2X Shares (Ticker: LMBO ) and the Direxion Daily Crypto Industry Bear 1X Shares (Ticker: REKT ). LMBO and REKT seek daily investments results, before fees and expenses, of 200%, or 100% of the inverse (opposite), respectively, of the performance of the Solactive Distributed Ledger & Decentralized Payment Tech Index. The Index seeks to track the performance of US-listed securities that have business operations in the field of distributed ledger or decentralized payment technology, which includes the following business fields: blockchain technology, non-fungible tokens, decentralized finance, and digital asset mining hardware. “Crypto equities are among the fastest-growing companies in the world, now representing an almost $3 trillion asset class,” said Direxion Managing Director, Edward Egilinsky. “LMBO and REKT provide focused exposure for traders to express their short-term conviction on companies building the future of a crypto-driven, decentralized economy.” The global markets landscape is rapidly evolving, presenting new challenges and opportunities. As the crypto industry continues to show promising growth, Direxion is committed to providing traders with timely vehicles to align with the shifting dynamics of the financial markets. All Direxion Daily Leveraged and Inverse ETFs are intended only for investors with an in-depth understanding of the risks associated with seeking leveraged investment results, and who plan to actively monitor and manage their positions. There is no guarantee these ETFs will meet their objective. Please visit the Direxion Leveraged and Inverse ETF Education Center, where you will find educational brochures, videos, and a self-paced online course to help you understand if leveraged ETFs are right for you. About Direxion: Direxion equips investors who are driven by conviction with ETF solutions built for purpose and fine-tuned for precision. These solutions are available for a broad spectrum of investors, whether executing short-term tactical trades, or investing in thematic strategies. Direxion’s reputation is founded on developing products that precisely express market perspectives and allow investors to manage their risk exposure. Founded in 1997, the company has approximately $42.9 billion in assets under management as of June 30, 2024. For more information, please visit www.direxion.com. There is no guarantee that the Funds will achieve their investment objectives. For more information on all Direxion Shares ETFs, go to www.direxion.com, or call us at 866.301.9214. Leveraged and Inverse ETFs pursue daily leveraged investment objectives which means they are riskier than alternatives which do not use leverage. They seek daily goals and should not be expected to track the underlying index over periods longer than one day. They are not suitable for all investors and should be utilized only by sophisticated investors who understand leverage risk and who actively manage their investments. An investor should carefully consider a Fund’s investment objective, risks, charges, and expenses before investing. A Fund’s prospectus and summary prospectus contain this and other information about the Direxion Shares. To obtain a prospectus and summary prospectus call 866-476-7523 or visit our website at direxion.com. A Fund’s prospectus and summary prospectus should be read carefully before investing. Direxion Shares Risks - An investment in each Fund involves risk, including the possible loss of principal. Each Fund is non-diversified and includes risks associated with the Funds’ concentrating their investments in a particular industry, sector, or geographic region which can result in increased volatility. The use of derivatives such as futures contracts and swaps are subject to market risks that may cause their price to fluctuate over time. Risks of each Fund include Effects of Compounding and Market Volatility Risk, Leverage Risk, Market Risk, Counterparty Risk, Rebalancing Risk, Intra-Day Investment Risk, Other Investment Companies (including ETFs) Risk, Cash Transaction Risk, Passive Investment and Index Performance Risk, and risks specific to the crypto industry and financial and information technology sectors. Additional risks include, for the Direxion Daily Crypto Industry Bull 2X Shares, Daily Index Correlation Risk and for the Direxion Daily Crypto Industry Bear 1X Shares, Shorting or Inverse Risk and Daily Inverse Index Correlation Risk. Please see the summary and full prospectuses for a more complete description of these and other risks of each Fund. Distributor: Foreside Fund Services, LLC. Contact Details Ditto Public Relations Danielle Black, SAE direxion@dittopr.co Company Website https://www.direxion.com/

July 17, 2024 09:00 AM Eastern Daylight Time

From Stage To Stage: How New Horizon Aircraft's eVTOLs Could Simplify Tour Logistics For Taylor Swift Sustainably

Benzinga

By James Blacker, Benzinga The world is on the precipice of a potential revolution in air mobility that could transform transportation and logistics in ways previously unimaginable. Electric vertical takeoff and landing (eVTOL) aircraft, such as those being developed by New Horizon Aircraft (NASDAQ: HOVR), are at the forefront of this revolution. With the promise of efficient, sustainable and rapid transit, eVTOL technology could make a massive impact on many industries, and this disruptive tech also has the potential to completely reshape tour logistics for popular artists like Taylor Swift. The Complex Logistics Of Major Music Tours Taylor Swift's tours are nothing short of spectacular. From sound and lighting equipment to intricate stage sets, pyrotechnics and elaborate costumes, her concerts require some serious planning and coordination. With an incredible 152 tour dates across five continents on her current Eras Tour, the logistics behind moving her team from city to city are mind-boggling. Normally, all this equipment would be transported via trucks, buses or even planes, all working together to make sure that everything arrives at the right place at the right time and in perfect condition. The problem with traditional logistics, however, is that no amount of meticulous planning can prevent unforeseen circumstances such as traffic congestion, road closures and bad weather conditions, all of which could be the undoing of a tight tour schedule. Delays can lead to significant financial losses for the artist and hordes of disappointed fans. Moreover, in today’s environmentally conscious world, the carbon footprint of such extensive travel is a major concern, highlighting the need for a more sustainable solution. Enter eVTOL Aircraft An innovative solution for tour logistics could be provided by eVTOL aircraft, a new technology being made possible thanks to rapid advancements in battery technology. These futuristic planes are designed to take off and land vertically, much like helicopters, which enables them to operate in congested urban areas with limited space for runways. Unlike helicopters, however, they have the added benefit of electric propulsion, making them quieter, more efficient and environmentally friendly. The list of use cases for eVTOL planes is extensive, from passenger transport to cargo delivery and medical transport. Their ability to bypass traffic congestion and cover large distances quickly makes them the perfect solution to the challenges presented by overcrowded modern cities. The unique design of eVTOLs means that they can operate easily in urban areas. An artist could land very close to the concert venue, completely eliminating the need to travel by road. Furthermore, they provide a safer and more secure mode of transport, with advanced navigation systems and reduced exposure to security threats on the ground. With the growing demand for sustainable practices across many industries, including entertainment, eVTOLs also provide an eco-friendly alternative to traditional transportation. By using electric propulsion, they produce zero emissions and significantly reduce the carbon footprint associated with touring. New Horizon Aircraft: Changing The Future Of Urban Air Mobility Among the companies developing eVTOL aircraft, New Horizon Aircraft (NASDAQ: HOVR) stands out with its unique product, the Cavorite X7. The seven-seat X7 uses a unique and patented wing design that allows it to take off and land vertically, but once in flight at a safe altitude, the wings reconfigure to become more like a traditional aircraft. The X7 can also land on a regular runway or deploy its fans to touchdown on a helipad or similar area. This unique design, coupled with its hybrid electric propulsion system, gives it several advantages over its competitors, with a maximum range of 500 miles, a maximum useful load of 1,500lb and a top speed of 250 mph as reported by New Horizon Aircraft. The company already has a 50%-scale prototype that has successfully demonstrated hover and forward flight and hopes to complete a successful transition flight soon. The Future Of Tour Logistics As urban air mobility continues to evolve with new technology, it is becoming increasingly clear that eVTOLs are not just a futuristic concept; they are a practical solution to the challenges of urban transportation. For artists like Taylor Swift, adopting this new technology for logistics purposes could mean increased efficiency, safety and sustainability, leading to smoother tours and happy fans. For more information on New Horizon Aircraft and its groundbreaking eVTOL technology, visit the company’s website. Featured photo by Chaz McGregor on Unsplash. This post contains sponsored content. This content is for informational purposes only and not intended to be investing advice. 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

July 17, 2024 08:45 AM Eastern Daylight Time

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BestGrowthStocks.Com Issues Comprehensive Analysis of Fuelcell Energy

Fuel Cell Energy Inc.

NEW YORK, NY / NewsDirect / July 17th, 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 comprehensive analysis of Fuelcell Energy, Inc. a global leader in decarbonizing power and producing hydrogen through proprietary, state-of-the-art fuel cell platforms to enable a world empowered by clean energy. Fuelcell Energy, Inc. (NASDAQ: FCEL) has garnered significant investor attention following several strategic developments and innovations. Best Growth Stock's full report includes a comprehensive analysis of Fuelcell’s operations, current pending legislation that could impact Fuelcell’s business, potential catalysts, current short interest, potential growth drivers, financials, share structure, chart setup with support and resistance zones, and more. Access this full analysis with no obligation: https://bestgrowthstocks.com/access-fuelcell-energy-analysis/ Access this full analysis with no obligation: https://bestgrowthstocks.com/access-fuelcell-energy-analysis/ About FuelCell Energy FuelCell Energy, Inc. is a global leader in sustainable energy technologies that address some of the world’s most critical challenges around energy, safety, and global urbanization. It collectively holds 531 fuel cell technology patents in the United States and globally. As a leading global manufacturer of proprietary fuel cell technology platforms, FuelCell Energy is uniquely positioned to serve customers including businesses, utilities, governments, and municipalities with sustainable products and solutions. The company’s solutions are designed to enable a world empowered by sustainable energy, enhancing the quality of life for people around the globe. Learn more at fuelcellenergy.com 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. Media Contact Best Growth Stocks Senior Editor: Steve Macalbry Editor@BestGrowthStocks.com SOURCE: BestGrowthStocks.Com Contact Details Media Source LLC Steve Macalbry +1 989-274-7778 Editor@bestgrowthstocks.com

July 17, 2024 08:44 AM Eastern Daylight Time

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Laser Photonics Is Trailblazing With Advanced Lasers That Include Cutting-Edge Tech

Benzinga

By Meg Flippin, Benzinga Laser Photonics Corp. (NASDAQ: LASE) has emerged as a leader in laser cleaning and cutting technology, but that’s not the only area it’s trailblazing in. From next-generation laser systems to anti-drone solutions, LPC has many innovations in the pipeline. It shouldn’t come as a surprise. Laser Photonics, which traces its roots back to 1981, has long been recognized as a leading manufacturer of industrial-grade laser solutions for marking, engraving, cleaning and cutting. Leveraging its extensive experience in delivering cutting-edge laser-powered systems to industry leaders across diverse markets and its world-class R&D team, the company owns a number of licenses and patents for innovative and advanced laser products and technologies. The result: a new generation of vanguard laser blasting technologies and equipment that are automated, precise, non-abrasive, eco-friendly and emit no hazardous particles that can harm the operator. Laser Photonics says its technology also addresses the health, safety, environmental and regulatory issues associated with the old methods, which is why it counts Fortune 1000 manufacturers in the aerospace, automotive, defense, energy, industrial, maritime, space exploration and shipbuilding industries as customers. With a multi-billion-dollar market opportunity in laser cutting and cleaning alone, it would be easy for Laser Photonics to sit back and enjoy the ride, but that’s not in its DNA. Innovators at heart, LPC is taking its technology and industry prowess to new levels. Protecting The Skies Take the Laser Shield Anti-Drone System (LSAD), which LPC is testing with parent company, Fonon Corporation. Fonon is a multi-market holding company, R&D center, equipment designer and manufacturer of advanced laser material processing systems for subtractive and additive manufacturing. The two successfully tested a laser prototype that can destroy small-scale unmanned aerial systems (UAS) in conflict zones and expeditionary locations. The prototype was tested at LPC’s new state-of-the-art facility, which features an internal laser range. This enabled Laser Photonics and Fonon to evaluate the proof of concept under controlled conditions. The range served to test the lasers’ capabilities in terms of precision and effectiveness when it came to targeting and destroying distant objects. LPC said the facility will play a crucial role in developing LSAD. “Defense professionals worldwide are focused on anti-drone technology due to its increasing prevalence, which presents an opportunity for LPC and Fonon to collaborate on this project,” said Wayne Tupuola, CEO of Laser Photonics. “We believe that Fonon’s LSAD has the potential to become a must-have technology for modern defense infrastructures.” Mobile And On The Go Then there’s the company’s next-generation upgraded CleanTech laser cleaning systems, which it launched in May. Aimed at on-the-go applications, the new lasers include mobile connectivity for remote monitoring and control, a new compact form factor and a smart overheat protection feature for increased safety. The lasers can be used manually or through its new and improved Robotic Cell unit for automated cleaning. Laser Photonics said the CleanTech Next-Generation Laser Systems are the world’s most compact and portable Class I and Class IV systems in the market. Compact and portable lasers can be useful in many industries – including aviation, manufacturing and shipbuilding – to remove rust, grease, mold and other contaminants. “Modern challenges demand tech-savvy solutions,” says Tupuola. “We are thrilled to roll out our next generation of CleanTech systems. With our new technology improvements, we are ready to tap into diverse market segments and bring in new clients.” Building on its next-generation lasers for cleaning, the company also overhauled its lasers for cutting, rolling out the SaberTech laser-cutting systems. The line will include upgraded versions of the TiTAN Express and TiTAN FX high-power laser-cutting systems. These next-generation systems will feature Turbo Piercing technology, an invention that minimizes the heat-affected zone (HAZ) of the material being processed, thereby reducing material distortion caused by laser heat throughout the cutting operation. By providing fiber laser cutting, LPC gets access to untapped potential in the aerospace, automotive, maritime and defense industries. Taking It To The Next Level Turning the centuries-old multi-billion-dollar sand and abrasives blasting market on its head has always been the goal of Laser Photonics, but it is taking it to the next level with AI and IoT technology. Laser Photonics is adding both to its existing laser products for even more speed, precision and automation. Laser Photonics plans to provide on-site support and AI and IoT training, too, setting it apart from its rivals. The idea is to not only lead in laser cutting and cleaning but also expand through innovation. It's why the company has so many licenses and patents. Laser Photonics has been a leader in laser cutting and cleaning for decades and is taking that expertise to new heights and markets. Its anti-drone lasers and fiber laser-cutting systems are just the start, and many developments can be expected to continue to come from this innovator. Featured photo by Artem Bryzgalov on Unsplash. This post contains sponsored content. This content is for informational purposes only and is not intended to be investing advice. 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 is not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

July 17, 2024 08:30 AM Eastern Daylight Time

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Briefly Bio launches with $1.2m funding to help scientists reproduce complex experiments

Briefly Bio

Science is in a reproducibility crisis. In preclinical research, it’s estimated that over 50% of efforts to reproduce experiments fail, costing the industry over $50bn each year. Solving this problem, techbio startup Briefly Bio has launched with software that makes lab work more reproducible by helping scientists capture and share their work clearly and consistently. With this launch, Briefly Bio has secured a $1.2m pre-seed funding round. It was led by Compound VC, with participation from NP Hard, Tiny VC and angel investors across tech and biotech. Biological experiments have become increasingly complex. With this growing complexity, details that are critical to our shared understanding are often undocumented and lost. This makes scientific collaboration inefficient: lab scientists struggle to reproduce and build on top of each other's experiments; data scientists do not have the necessary context to analyse the data produced in their labs; and automation teams lack all details to build robotic labs. Briefly Bio is tackling this, creating a shared language for experiments that is consistent across scientists, and clear for any collaborator to understand. Their software uses AI to convert existing experiment descriptions into this consistent format, while automatically filling in gaps and spotting errors. This helps capture the value of every experiment that is run, and enables scientists to learn from each other’s work. Briefly was founded by Dr Katya Putintseva, Harry Rickerby and Staffan Piledahl. They have varied backgrounds, through academia, tech, biotech and robotics. Before founding the company, the three worked together at drug discovery startup LabGenius, where they helped build its ML-driven antibody discovery platform. Harry Rickerby, CEO and co-founder at Briefly Bio, commented: “Scientific methods are a bit like software code, they are a set of instructions that define how an experiment should be run. The majority of this ‘code’ is incomplete, since writing up each experiment completely takes a huge amount of effort. Now, with LLMs, there’s a way to make these methods consistent without imposing on a scientists’ workflow. As Github helped software engineers collaborate and build on each other’s code, we think Briefly can help scientists and engineers do the same with their experiments.” With AI and high throughput experimentation, there is an opportunity for huge improvements in the efficiency of scientific discovery. Hundreds of billions of dollars are being invested through startups and big pharma to take advantage. To realise this potential, science needs more consistency and transparency in how these datasets are generated, since the value of any model is a product of the data it has been trained on. Briefly Bio is building this necessary layer of infrastructure to accelerate scientific discovery in biology. “This is a revolution in documenting lab experiments. It is the future of foolproof knowledge-sharing between scientists” said Dr Gena Nikitin, Founder of Miphic. While Dr Maria Anastasina, Wet Lab Head at the Evolutionary and Synthetic Biology Unit, OIST, added: “Briefly has become a core part of our lab's knowledge base and a great help to me in training researchers and lab management”. And Suparna Kumar, PhD student at Weill Cornell commented: “Briefly Bio has become an indispensable part of my lab routine because it helps me save so much time”. Rob Harkness, CTO of Biosero, added: “We're very excited by what Breifly.Bio can offer with their software tools. Inconsistent and incomplete data can compromise research, making it difficult to reproduce experiments and undermining trust in scientific results. Digitalising and automating laboratory operations can address this, but this effort faces challenges of inefficiency and high error rates, primarily due to the diverse formats in which workflows are presented. Briefly.bio addresses this by converting scientific protocols written in natural language into a common and consistent structured format. This facilitates much faster design and implementation of automated systems, ensuring all critical information is captured and utilized effectively. The result is a significant boost in workflow integration, efficiency, and data quality, all of which are crucial for generating reliable experimental results. This leads to more comprehensive and innovative solutions in lab automation that can only help accelerate scientific research.” Shelby Newsad, Investor at Compound, commented: “The crux of successful science lies in consistent and executable methods. Whereas most bio software companies focus on data and its analysis, Briefly goes upstream to the core problem space of reproducibility via protocols. For the first time in science history, this incentivizes scientists to share more of their previously tacit knowledge. The fact that Briefly-made methods can be built and collaborated upon creates unique potential for network effects from their software.” Briefly Bio is creating a future where scientists can stop reinventing the wheel – spending time and resources on experiments that they can’t reproduce. This will enable scientists to produce datasets that will quickly expand our understanding of biology. About Briefly Bio Briefly Bio is the tool to make lab work reproducible. It helps scientists capture, share their experiments clearly and consistently. Briefly is based in London, UK. For more information, visit https://briefly.bio. About Compound VC Compound is a research-centric, thesis-driven investment firm. We are a team of investors, researchers, and operators. We use our domain expertise, network, and prior experiences to help our founders solve previously unsolvable technical problems, communicate these breakthroughs to the world, and scale commercialization. Contact Details Briefly Bio Bilal Mahmood +44 7714 007257 b.mahmood@stockwoodstrategy.com Company Website https://briefly.bio/

July 17, 2024 08:00 AM Eastern Daylight Time

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Benchmark International Successfully Facilitated the Transaction Between 3:13 Sales Group, LLC and Gladhaven Capital

Benchmark International

The seller, 3:13 Sales Group, LLC, specializes in providing outsourced business-to-business sales and account management solutions to companies in the Consumer-Packaged Goods (CPG) industry. With over 20 years of experience, they know what it takes to be a strategic, transparent partner – doing what’s right for you and your customers. “I wanted to personally thank you (Matthew Kekelis) and the entire Benchmark team for all of your assistance in brokering the sale of 3:13 Sales Group to Gladhaven Capital. I couldn’t have been more impressed with the professionalism, follow-through, and patience you and your staff showed me throughout the entire process. In particular, I’d like to commend Morgan Patterson for the countless emails, calls, and meetings it took to get this across the goal line. As you know, this was not an easy decision for me. We started this business 12 years ago, and I am proud of what has been built. I also wanted to find a buyer that would be the perfect fit to take this company to the next level and treat the associates, clients, and vendors with the same care and attention they’ve received for so many years. I believe Gladhaven Capital will do just that. I highly recommend Benchmark International to anyone looking to sell their business. You will not be disappointed. Thank you again for everything!” – Steve Fidlin, Owner, 3:13 Sales Group The Buyer, Gladhaven Capital, was founded by Jamie Gallagher with the mission to acquire and operate one business for the long term. Jamie has a broad professional background with 20+ years of experience across general management, B2C (CPG) and B2B marketing, corporate strategy, sales, and management consulting. “We couldn’t be more thrilled to have found the perfect match for our client, 3:13 Sales Group. There is no doubt that Jamie with Gladhaven Capital will build upon the success that Steve and his team have accomplished throughout the years. Best of luck to all.” – Matthew Kekelis, Senior Director, Benchmark International Americas: Sam Smoot at +1 (813) 898 2350/ Smoot@BenchmarkIntl.com Europe: Michael Lawrie at +44 (0) 161 359 4400 / Lawrie@BenchmarkIntl.com Africa: Anthony McCardle at +27 21 300 2055 / McCardle@BenchmarkIntl.com ABOUT BENCHMARK INTERNATIONAL: Benchmark International is a global M&A firm that provides business owners with creative, value-maximizing solutions for growing and exiting their businesses. Benchmark International has handled over $11 billion in transaction value across various industries from offices across the world. With decades of M&A experience, Benchmark International’s transaction teams have assisted business owners with achieving their objectives and ensuring the continued growth of their businesses. The firm has also been named the Investment Banking Firm of the Year by The M&A Advisor and the Global M&A Network as well as the #1 Sell-side Exclusive Privately-held M&A Advisor in the World by Pitchbook and Refinitiv's Global League Tables. Contact Details Brittney Zoeller +1 813-898-2350 zoeller@benchmarkintl.com Company Website https://www.benchmarkintl.com/

July 17, 2024 06:00 AM Eastern Daylight Time

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HTX Unveils June Performance Report: Achievements Across Diverse Sectors, Highlighting a Forward-Thinking Approach

HTX

Recently, HTX released their June performance report, sharing their key achievements and milestones with users. June was a month of breakthroughs and harvests. The report updates both new and existing users on HTX's significant progress across various fronts, including operational data, ranking by external institutions, new asset listings, updates from HTX Ventures (the platform's investment arm), new product features, major platform events, user feedback collection, as well as security developments and market-related activities. Through this disclosure, HTX expressed gratitude to its users for their continued support and trust. HTX Rated AA, Ranks Fourth Among Top 10 Exchanges by Liquidity Furthermore, HTX's trading volume and scale continue to increase. Based on CoinGecko data for the last 30 days, HTX consistently ranks among the top 3 exchanges in terms of trading volume and scale. As of July 1st, the number of Bitcoins on the HTX platform reached 30,112 — an increase of 4,454 from the previous month, representing a growth rate of 17.36%. This growth underscores HTX's development momentum and boosts user confidence in its future. In June, HTX continued to bolster their position in blockchain investments by listing a variety of new assets. During the month, HTX introduced 13 new projects, with some noteworthy performers. The token MOTHER surged by an impressive 120%, while ATH skyrocketed by 100%. IO and ZRO also posted significant gains of 95% and 76%, respectively. Additionally, HTX also listed some popular cryptos like ZK, ZRO, and BLAST simultaneously, expanding trading options for the platform users. HTX Continues to Invest in Innovative Projects Externally and Optimize Product Features Internally In June, HTX Ventures announced investments in projects such as Avail and Nexgami. Additionally, they published three significant research reports: " Exploring Investment Opportunities Where AI Meets Crypto ", " BTCFi and CoreX: Pioneering the Future of Bitcoin DeFi ", and "What's Next for the Crypto Field Amid Increasing Venture Capital". HTX has made significant optimizations in product features. Recently, HTX launched an iceberg order feature supporting both spot and marginfutures trading. This feature automatically splits large orders into several smaller orders on the order book, reducing slippage and overall trading costs. The iceberg order conceals the majority of the order from the market, effectively protecting the user's trading strategy. This makes it easier for traders to execute large orders. In addition, HTX has also made a new upgrade to its copy trading product, launching Copy Trading Version 3.0. This new version introduces several new features, including a proportional copy-trading mode that allows setting a multiplier for precise trade following, as well as a slippage protection mechanism to ensure the safety and stability of every trade. HTX Hosts Many Exciting Events with Generous Rewards in June HTX was bustling in June with many exciting events. HTX launched its first Web3 Quiz, attracting tens of thousands of participants and awarding 2,000 pizza vouchers and over 4,000 USDT in prizes. The inaugural "Earn with Pending Orders" event saw an individual's highest cumulative reward of up to 1,271,487,424 $HTX within 24 hours of its launch. In June, HTX proactively engaged with users and HTX DAO committee memberstheir users and members, collecting hundreds of insightful suggestions. Many of these suggestions offered strategic ideas for HTX's ongoing development, such as refining the voting mechanism, cultivating a new ecosystem, continuing to empower $HTX, and introducing more popular assets for PrimePool, as well as high-quality projects for PrimeVote. HTX expresses sincere gratitude to all contributors and pledges to carefully review each suggestion. HTX is committed to fully integrating meaningful proposals into the platform's optimizations in July. HTX Prioritizes Security with Hassan Sanni Appointed Chief Safeguarding Officer and a 100% Reserve Ratio in June In June, Singaporean national goalkeeper Hassan Sunny officially became Chief Safeguarding Officer and spokesperson for HTX. HTX DAO's Asia tour was successfully carried out in multiple cities, engaging in offline collaborations with local top KOLs to discuss the future direction of HTX DAO's business operations. In June, HTX focused on the Vietnamese market, advancing its international expansion by participating in local industry conferences, co-hosting events with prominent media outlets, and establishing effective contacts and partnerships with more collaborators. HTX, as one of the world's leading exchanges, has always been committed to safeguarding user assets as its highest priority. HTX has been among the first exchanges to adopt "Merkle Tree Proof" to ensure transparency in their asset reserves and has made it routine to release audit reports. Now, HTX publishes itstheir security monthly reports every month and lets data tell the platform's concrete efforts in security. According to HTX's official website, HTX has updated the Merkle Tree proof of reserves data as of June 30, 2024, at 16:00:00 (UTC). HTX consistently maintains a reserve ratio exceeding 100%. The latest Merkle tree-based proof of reserves data is as follows: 100% for USDT (HTX wallet balance: 610,174,986), 100% for BTC (HTX wallet balance: 25,735), 101% for ETH (HTX wallet balance: 92,631), 105% for $HTX (HTX wallet balance: 360,938,524,569,165), and 105% for TRX (HTX wallet balance: 9,754,300,787). The data for USDT and ETH already includes stUSDT and stETH. It's worth noting that on July 11, the HTX app was reinstated on Apple'sthe Apple Store. Looking ahead, HTX remains committed to collaborating with everyone to shape a promising future for cryptocurrencies. May July mark another step towards a brighter tomorrow for HTX! 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 EE glo-media@htx-inc.com Company Website https://www.htx.com/

July 17, 2024 03:03 AM Eastern Daylight Time

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Zoomex Receives Comprehensive Security Audit from Hacken

Zoomex

Zoomex, an innovator in the cryptocurrency exchange market since its inception in 2021, has announced the successful completion of its latest security audit conducted by the renowned cybersecurity firm, Hacken. The evaluation underscores Zoomex’s unwavering commitment to ensuring the highest levels of security, transparency, and user experience in the fast-evolving digital asset trading industry. Overview of the Security Audit The security assessment, documented under the "Pentest and Security Analysis Report for Zoomex," was led by Faizan Nehal and approved by Stephen Ajayi from Hacken. This thorough evaluation entailed penetrating testing and security analysis to ascertain the robustness of Zoomex’s platform, covering both the web application and API endpoints. Zoomex, recognized for its cutting-edge blockchain technology, continues to reinforce its reputation as a secure and reliable platform offering transparent digital asset trading services to millions of users worldwide. Audit Summary The audit identified seven vulnerabilities, classified by severity into critical, high, medium, and low categories. Here’s a summary of the findings: 1. Commitment to Security and Transparency The audit report underscores Zoomex's significant strides in security enhancement. The identification and resolution of these vulnerabilities demonstrate Zoomex's dedication to safeguarding user assets and providing a resilient trading environment. 2. Vulnerability Details The report detailed the various vulnerabilities as follows: Unauthorized Fund Transfer (F-2024-4042) [Critical]: A vulnerability allowing unauthorized users to transfer funds. Status: Fixed. Improper KYC Verification (F-2024-4028) [High]: Weaknesses in the Know Your Customer (KYC) process could potentially allow users to create accounts using stolen identities. Status: Accepted. Access Control Issue (F-2024-4019) [Medium]: This issue pertained to the ability to apply for the Zoomex VIP Club on behalf of other users. Status: Fixed. Bypass Email Code Verification (F-2024-3998) [Medium]: A vulnerability enabling bypassing 2FA email code verification when activating Two-Factor Authentication (2FA). Status: Accepted. Bypass 2FA Verification (F-2024-4004) [Medium]: A similar vulnerability that affects 2FA verification but occurs when changing phone numbers. Status: Accepted. Vulnerable JavaScript Dependency (F-2024-4043) [Low]: This low-risk vulnerability involves identifiable weak points in the JavaScript dependencies. Status: Accepted. Bypass Nickname Length Verification (F-2024-4009) [Info]: This issue was a less critical vulnerability that allowed users to bypass the length verification for nicknames. Status: Fixed. 3. Response and Resolutions Zoomex proactively took steps to rectify several of the highlighted vulnerabilities, marking critical steps towards bolstering security. Three of the vulnerabilities were resolved, demonstrating a diligent response process: Access Control Issue，Unauthorized Fund Transfer and Bypass Nickname Length Verification were fixed immediately. Critical vulnerabilities such as improper KYC verification, as well as the medium-risk 2FA bypass issues, are currently under an accepted resolution plan, indicating ongoing efforts to enhance platform security. 4. Transparency and Accountability Zoomex's engagement with Hacken for this audit highlights their commitment to transparency and accountability. By making the audit results public, Zoomex ensures that users and stakeholders remain informed about the measures being taken to protect their assets and personal information. This level of openness is crucial in building and maintaining user trust in the competitive and rapidly evolving cryptocurrency exchange market. In a statement, Zoomex’s leadership emphasized, “Our collaboration with Hacken has been instrumental in identifying and addressing potential vulnerabilities in our platform. We are committed to continually improving our security measures to provide our users with the safest and most reliable trading experience possible.” Future Plans and Security Enhancements With the preliminary report now published, Zoomex is set to implement further enhancements as part of its ongoing security roadmap. The continued partnership with Hacken will ensure that new and emerging threats are promptly identified and addressed. Future updates and security audits will be scheduled periodically to ensure sustained compliance with the best security standards and practices. Zoomex has also outlined plans to incorporate additional layers of security measures, including: Enhanced Monitoring Systems: Implementation of advanced monitoring tools to detect and respond to suspicious activities in real-time. User Education and Awareness: Launching educational campaigns to inform users about best practices in securing their accounts and transactions. Advanced Authentication Mechanisms: Strengthening two-factor and multi-factor authentication systems to further mitigate risks associated with unauthorized access. Final Thoughts The latest security audit by Hacken is a significant milestone for Zoomex, reaffirming its resolute commitment to security and transparency. As the cryptocurrency exchange industry advances, maintaining rigorous security standards is not just an option but an imperative necessity. Zoomex's proactive approach in addressing vulnerabilities and reinforcing its security infrastructure. Users can remain confident that Zoomex is dedicated to providing a secure, reliable, and transparent trading platform. Moving forward, Zoomex will continue to prioritize user safety and platform integrity, ensuring that it remains at the forefront of secure digital asset trading. By regularly engaging with top-tier cybersecurity firms like Hacken and adhering to stringent security protocols, Zoomex is well-positioned to navigate the complexities of the digital asset landscape. For more detailed information, users and interested parties can access the full security audit report and future updates on the Zoomex and Hacken websites. Contact Information Hacken: [hacken.io](https://hacken.io) Zoomex Official: https://www.zoomex.com X (Twitter): https://twitter.com/ZoomexOfficial Telegram: https://t.me/zoomex_com LinkedIn: https://www.linkedin.com/company/zoomex-com Contact Person: Ashley Levin Business Mail: business@zoomex.com Contact Details Ashley Levin business@zoomex.com Company Website https://www.zoomex.com/en/UEFA

July 16, 2024 11:31 PM Eastern Daylight Time

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DB Schenker Showcases Thought Leadership in Import/Export Logistics Through New Video Series on the Port of Halifax

DB Schenker

DB Schenker, a global leader in logistics and supply chain management, is thrilled to announce the launch of an exclusive video series focused on the Port of Halifax. This series, designed for logistics experts and import/export professionals, highlights the Port of Halifax's strategic importance and innovative practices in global trade. The video series features insightful interviews with prominent figures, including: Marilisa Benigno, Honorary Consul of Italy, Atlantic Region Suzanne Rix, Honorary Consul of Germany for the Maritime Provinces Captain Allan Gray, President, and CEO of the Halifax Port Authority Jonathan Chia, Head of Commercial at PSA Halifax David Thomas, Executive Director at The PIER Key Highlights: Vision and Mission of the Port of Halifax: Capt. Gray elaborates on the Port of Halifax's mission to be Canada’s preferred gateway, emphasizing its global connectivity and economic impact. “Every day, we connect with markets in Central Canada, the U.S. Midwest and countries around the world,” said Capt. Gray. “These connections foster opportunities for business and support thousands of jobs today. Looking ahead, the port will continue to integrate innovation, sustainability and community into how we do business.” Economic Impact: The Port of Halifax is a significant economic driver. A recent study showed the port generates billions of dollars in economic activity annually, contributing $1.6 billion in labour income and supporting over 25,000 jobs in the region. Jonathan Chia discusses the port’s role in reducing logistics costs for inland Canada and its strategic positioning as a gateway port. Global Connectivity and Innovation: The port’s connection to more than 150 countries worldwide, along with substantial investments in mega cranes and digitalization, positions Halifax as a key player on the global stage. Sustainability and Community Engagement: The series delves into the port's collaborative efforts with the Port of Hamburg to accelerate decarbonization and sustainability initiatives. Capt. Gray will also highlight the port's commitment to community integration and sustainable growth through innovative projects and partnerships. Future Infrastructure Developments: Viewers will gain insights into the port's 50-year plan, which includes expanding rail capacity and optimizing existing infrastructure to meet future demand while focusing on sustainable growth. Strengthening Italy-Canada Relations: Marilisa Benigno, Honorary Consul of Italy, Atlantic Region shares the consulate’s efforts to strengthen ties between Italy and Canada through various initiatives, including visa facilitation, cultural events, and business collaborations. German-Canadian Collaboration: Suzanne Rix, Honorary Consul of Germany for the Maritime Provinces, discusses the burgeoning relationship between Germany and Halifax, particularly in the fields of hydrogen and wind energy. The collaboration between the Port of Hamburg and the Port of Halifax in seeking to decarbonize their respective route is a significant step towards sustainable trade practices. Innovation and the Living Lab: David Thomas, Executive Director at The PIER, explains the role of The PIER as Canada’s first living lab to help solve supply chain and logistics challenges. The PIER’s projects emphasize efficiency, resilience, transparency, and sustainability in supply chains. Catch the full Interviews on DB Schenker’s LinkedIn: The complete series of interviews is available on DB Schenker’s LinkedIn page, offering valuable insights for professionals in the logistics and supply chain sectors. Follow the link to stay updated and engage with industry leaders: DB Schenker LinkedIn. About DB Schenker With around 76,600 employees at more than 1,850 locations in over 130 countries, DB Schenker is one of the world’s leading logistics service providers. The company operates land, air, and ocean transportation services, and it also offers comprehensive logistics and global supply chain management solutions from a single source. Aiming for a sustainable future of the logistics industry, DB Schenker continuously invests in innovative transport solutions, renewable energies, and low-emission products for its customers. Contact Details Nicholas Leighton +1 949-478-5880 nick.leighton@nettresultsLLC.com Company Website https://www.dbschenker.com/usa

July 16, 2024 11:55 AM Eastern Daylight Time

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