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Ripple CEO Supports BlackRock XRP ETF & HBAR Soars; Is KangaMoon Next 100x Meme Coin?

Kangamoon

Ripple (XRP) CEO Brad Garlinghouse recently supported a possible XRP ETF from BlackRock. Meanwhile, KangaMoon (KANG) looks to shake up the meme coin market. Analysts have pegged this Stage 2 presale star as the next 100x meme coin in 2024. Simultaneously, Hedera (HBAR) continues its climb. Ripple CEO Backs BlackRock XRP ETF The CEO of Ripple (XRP), Brad Garlinghouse, is hyped on the idea of BlackRock bringing in an XRP ETF. During an interview with Bloomberg, he admitted it would be a no-brainer for the community. He also stated that if Bitcoin's spot ETF got approved by regulators, then why can't Ripple? This Ripple news may trigger a bullish rally for this crypto. The Ripple coin has surged from $0.53 to $0.54 in the past week alone. Its market cap jumped from $28B to $29B during that time. Additionally, Ripple is now trading above its 100 and 200-day EMAs. Therefore, market analysts predict this altcoin will hit $0.80 within Q2 of 2024. KangaMoon (KANG): A Future Member of the Meme Coin Titans With features that make it stand out, KangaMoon (KANG) is an emerging force in the meme coin space. Not only is it an in-game currency and a governance token, but it's built for utility, too. This project's Play-to-Earn (P2E) and Social-Fi elements are innovative and scream "first place." By holding this innovative meme coin, you will obtain the ability to spectate battles and place bets. Furthermore, you could participate in unique challenges only available to KANG holders. These challenges are done weekly, monthly, and quarterly with extra tokens and in-game items as rewards. During its Stage 2 presale, each KANG costs only $0.0075. That's a 50% increase from its initial price. However, experts predict further growth as a Tier-1 CEX listing in Q2 of 2024 may pump this meme coin up. Some are even hinting at a 1,000% surge. In other words, KANG could replicate the success of other top meme coins such as Shiba Inu and Dogecoin. You need to become a KANG owner and spread the word on social media to earn KANG tokens. A 15% bonus for each purchase is in effect - so take advantage of this unique opportunity. Hedera (HBAR): Hits Peak TVL Meanwhile, Hedera (HBAR) has also been making headlines. Notably, crypto analyst House of Chimera revealed that Hedera has now hit a peak in TVL and a surge in trading volume. Over the past week alone, the Hedera price has jumped from $0.082 to $0.10. Its market cap also grew from $2.77B to $3.50B in that period. This altcoin has a positive sentiment because 28 technical indicators are green. Because of this, experts have made a bullish Hedera price prediction. They forecast a growth to $0.15 for HBAR within Q2 of 2024. What Gives KangaMoon an Advantage Over Ripple and Hedera? With a market cap of just $7.5M, KangaMoon is more agile than competitors like Ripple and Hedera. It would take less money to keep it growing quickly, allowing it to move faster. Because of this, countless investors are rushing to this meme coin presale. As close to $100,000 has been raised so far, the future of KangaMoon looks very bright. Discover the Exciting Opportunities of the KangaMoon (KANG) Presale Today! Website: https://Kangamoon.com/ Join Our Telegram Community: https://t.me/Kangamoonofficial Integrating GameFi and Play To EarnEmbark on your quest for glory. Assemble your champions, engage in epic battles or bet on your favorite fighters to earn $KANG tokens and exclusive rewards. Gain control of rare NFTs, unlock exclusive content and build alliances with fellow gamers as you ascend the ranks and leaderboards. Disclaimer: The following disclaimer is important to read and understand before engaging with Kangamoon, a play-to-earn meme coin. By accessing or participating in any activities related to Kangamoon, you acknowledge and accept the terms outlined below: 1 No Financial Advice: This whitepaper and any associated content do not constitute financial advice, investment recommendations, or solicitation to purchase Kangamoon tokens. The information provided is for informational purposes only. It is your responsibility to conduct thorough research and seek professional advice before making any financial decisions. 2 Volatility and Risks: Cryptocurrencies, including Kangamoon, are volatile and subject to significant price fluctuations. Investing in or holding Kangamoon tokens involves substantial risks, including the possibility of total loss. Past performance is not indicative of future results. 3 Regulatory Compliance: The regulatory environment surrounding cryptocurrencies is evolving and varies across jurisdictions. It is your responsibility to ensure compliance with applicable laws and regulations in your country or region before engaging with Kangamoon. 4 Uncertain Market: The market for meme coins and play-to-earn platforms is highly speculative and subject to rapid changes. There is no guarantee of market demand, liquidity, or utility for Kangamoon tokens. Token values may fluctuate drastically and may not reflect the intrinsic value of the project. By continuing to engage with Kangamoon, you acknowledge and accept the risks and limitations outlined in this disclaimer. You should only participate if you fully understand and are willing to assume these risks. Contact Details Kangamoon marketing@kangamoon.com Company Website https://kangamoon.com/

February 26, 2024 01:00 PM Central Standard Time

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Grayscale's New ETF To Track Zcash, THORChain Price Dips, KangaMoon Soars

Kangamoon

Grayscale wants to introduce a new ETF to track privacy-based coins like Zcash. In other news, THORChain price has dropped, forcing investors to buy KangaMoon. KangaMoon has shown bullish momentum in the past week, skyrocketing 50%, making it the best coin to invest in. Grayscale Working on New ETF To Track Privacy-based Coins Like Zcash (ZEC) Grayscale Investments has told the U.S. Securities and Exchange Commission (SEC) its plan to launch a novel ETF, the Grayscale Privacy ETF (PRVC), focusing on the data privacy sector. This ETF will dedicate over 80% of its assets to companies specializing in data privacy solutions and blockchain-based privacy technologies, including protocols such as Zcash (ZEC). While PRVC will not hold cryptocurrencies directly, it will mirror the Indxx Data Privacy Index. Additionally, Grayscale plans to invest about 10% of its assets in privacy-centric protocols through ZCSH, Grayscale's Zcash Trust. Meanwhile, Zcash is one of the altcoins that has been banned by most centralized exchanges. Yet, the token has managed to maintain a bullish price movement in the past week. Its price has increased 20.7% to a peak of $29.26 from a 7-day low of $22.29. THORChain (RUNE) Price Drops 15.6% THORChain (RUNE), the native token of a decentralized exchange (DEX) that supports cross-chain swaps, has dropped into the red region. A look at its price chart shows that bears are leading the market on the weekly timeframe. They have pushed the price of THORChain down 15.6% from a peak of $5.88 to a low of $4.97. Nevertheless, THORChain RUNE joins other altcoins that are bullish on the monthly and yearly timeframes, with an increase of 23.1% and 191.7%, respectively. Therefore, the token still has a chance to clear the losses on the weekly chart. THORChain's technical indicators show that it is trading above the 50-day SMA ($4.60) and 200-day SMA ($3.47). As a result, analysts predict that THORChain will rise by 32.03% and reach $6.60 soon. KangaMoon (KANG) Stage 2 Selling Fast The crypto community's growing interest in meme coins with real utility has pushed investors towards KangaMoon (KANG). KangaMoon, a project still in its blockchain ICO, seeks to redefine meme coins by adding utility to them. It is building a community-centric space that merges Social-Fi elements with competitive gaming to reward participation and in-game achievements. KANG token holders stand to benefit significantly, with numerous opportunities to earn additional tokens through contests and competitions. These tokens not only serve as the platform's primary currency but also play a crucial role in its ecosystem, facilitating various transactions and activities. The blockchain ICO's stage 2 has already seen high interest, raising about $67,250, and its selling out rapidly where each token is priced at $0.0075. With the play-to-earn gaming market's value at $885M in 2023 and expected to grow, KangaMoon is poised for huge growth. Also, analysts are anticipating further price increases, making this the best time to get involved before it moves to the next stage. Conclusion While THORChain is grappling with bearish pressure in the market, KangaMoon has reached a new peak of $0.0075. Still, analysts see KangaMoon rising to higher heights in the coming weeks, making it the best coin to invest in right now. Discover the Exciting Opportunities of the KangaMoon (KANG) Presale Today! Website: https://Kangamoon.com/ Join Our Telegram Community: https://t.me/Kangamoonofficial Integrating GameFi and Play To EarnEmbark on your quest for glory. Assemble your champions, engage in epic battles or bet on your favorite fighters to earn $KANG tokens and exclusive rewards. Gain control of rare NFTs, unlock exclusive content and build alliances with fellow gamers as you ascend the ranks and leaderboards. Contact Details Kangamoon marketing@kangamoon.com Company Website https://kangamoon.com/

February 26, 2024 09:00 AM Central Standard Time

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IQ-AI advances glioblastoma clinical trial, eyes phase two in 2025

IQ-AI Ltd

Dr Jennifer Connelly, MD, the Principal Investigator (PI) of the IQ-AI Limited sponsored phase one clinical trial that is being conducted at the Medical College of Wisconsin, joined Proactive's Stephen Gunnion with a positive update from its treatment for recurring glioblastoma patients. Connelly explained that glioblastoma, the most common malignant brain tumour, significantly impacts brain function, highlighting the importance of clinical trials to improve patient quality of life. The trial, opened nearly two years ago, investigates gallium maltolate, an oral medication showing promise in preclinical studies and animal models for efficacy against tumour cells. This phase focuses on drug tolerance, with patients reporting ease of use compared to traditional treatments and the ability to maintain normal daily activities. An expanded access programme (EAP), also known as compassionate use, has been launched by IA-AI subsidiary Imaging Biometric to allow wider access to gallium maltolate across the country, benefiting patients unable to travel to the Medical College of Wisconsin. The EAP, approved by the FDA, aims to collect additional safety and toxicity data, contributing to the trial's findings and supporting the progression towards a phase two clinical trial. The next milestone, by the end of 2024, involves concluding the phase one trial, determining the maximum tolerated dose, and preparing for the phase two trial slated for 2025, focusing on safety and beginning to evaluate efficacy. Contact Details Proactive UK Proactive UK +44 20 7989 0813 UKEditorial@proactiveinvestors.com

February 26, 2024 09:51 AM Eastern Standard Time

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TRON DAO at MIT Fintech Conference and host Tron Builder Tour MIT Stop

TRON DAO

Geneva, Switzerland, February 26, 2024 – At the MIT Fintech Conference on February 23, hosted at the MIT Samberg Conference Center, the TRON DAO team made an appearance. Additionally, the TRON Builder Tour held an event at MIT venue, with over 90 attendees. David Uhryniak, Ecosystem Lead at TRON DAO, captivated attendees with his insights during the "Exploring CBDCs, Stablecoins, and Crypto Utility" panel at the MIT FinTech Conference, highlighting the crucial role of blockchain in ushering in a new technological era. This sentiment was echoed throughout the day's events, emphasizing TRON's pivotal role in the future of digital finance. Highlighting its foray into Bitcoin Layer-2 development, the TRON DAO team discussed this cutting-edge project at the TRON Builder Tour event. This initiative aims to enhance blockchain interoperability and efficiency, aligning closely with the subjects addressed during the conference and tour. The TRON Builder Tour event further spotlighted TRON's dedication to nurturing blockchain development. The event provided an ideal setting for meaningful dialogue about upcoming initiatives, such as HackaTRON Season 6, further emphasizing TRON DAO's commitment to fostering collaboration within the fintech community. There was food and drinks available to attendees and an exciting SWAG raffle occurred where lucky winners were given exclusive TRON gear and gadgets. Looking ahead, TRON DAO plans to extend the TRON Builder Tour to other universities, fostering a broader understanding and engagement with blockchain technology across academic institutions. Through its active participation in both the MIT Fintech Conference and the TRON Builder Tour, TRON DAO continues to drive forward the blockchain industry, demonstrating a steadfast commitment to innovation, education, and collaboration. 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 January 2023, it has over 205.11 million total user accounts on the blockchain, more than 6.96 billion total transactions, and over $20.43 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/

February 26, 2024 09:00 AM Eastern Standard Time

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U.S. Homeowners Lag Significantly Behind Their European Counterparts In Adopting Solar Power– Monalee Wants to Change That

Monalee

By Meg Flippin, Benzinga Climate tech company Monalee is looking to accelerate the adoption of solar energy for homes in the U.S. through a business model that cuts solar installation costs by half and improves convenience significantly. The company estimates that 40% of European homes have solar panels installed. In contrast, that figure for the U.S. stands at just about 3%. When it comes to residential solar adoption rates, Europe is clearly ahead of the U.S. The high cost of energy across Europe is one reason why solar is in such high demand. Pro-solar legislation and incentives are other motivators. With European energy markets expected to remain volatile, demand for solar, particularly rooftop, seems poised for more growth. In the U.S., the environment is vastly different. Only about 3% of homeowners have rooftop solar, despite it being able to save them as much as $1500 a year. Furthermore, over the last decade, solar and energy battery storage costs have fallen 85% making it more affordable than coal and other fossil fuels in many instances. Even so, widespread adoption remains elusive. The Roadblocks To Widespread Solar Adoption There are several reasons why solar adoption remains slow. America’s reliance on fossil fuels is one. As of 2022 petroleum, natural gas and coal accounted for roughly 81% of the energy production in the U.S. Fossil fuels have dominated the U.S. energy mix for over 100 years and habits are hard to break. Cost is another reason. Homeowners often cite the price of solar panels as a reason they haven’t installed them. That could change thanks to tax breaks like the Solar Investment Tax Credit, which gives homeowners a 30% tax credit for installing solar. Other state and local incentives help further defray the cost. Then there’s the solar industry’s approach to selling panels to homeowners. It’s a technology-driven field, yet the industry relies on old sales tactics and marketing messages to drum up business. Door-to-door salesmen canvass neighborhoods, often using aggressive sales tactics and promising too-good-to-be true savings. Many homeowners are kept in the dark as to the true cost and what they will save on electricity. The hard-sales approach and lack of transparency often put homeowners off. The process of getting the panels installed isn’t easy either. It takes 120 days on average from the time you sign the contract to installation. Much of that is due to the manual processes the industry uses to inspect the roof, draw up plans and get the proper permits. Every state and jurisdiction has different rules and regulations the plans need to meet. If the site inspectors, engineers and designers aren’t well-versed in residential solar, the plans may not pass, and more work has to be done. The process can seem daunting and drawn out, scaring many homeowners away. Monalee Does It Differently Monalee takes a different approach – one it’s betting will drive adoption as it eliminates all those pain points. The company relies on its patent-pending AI and advanced machine learning to make the process easier and more transparent. Their technology draws on millions of different data points to assess a customer’s roof, design a layout that maximizes sun exposure and accurately determine how many panels are needed. Then, it instantly creates an optimal solar design to match the customer’s energy needs. Something that can take days is done in minutes online. Monalee takes the middlemen – salespeople and designers – out of the equation, making the process more efficient. It can complete a site survey, design, permitting and installation within 45 days without sacrificing the quality of the materials or labor. Speed isn’t the only way Monalee is changing the industry. It's also giving customers transparent and instant pricing. Homeowners know exactly how much the system will cost and real-time pricing updates as they customize their system. All eligible federal and state incentives are factored in, and all of the fees and savings are laid out in an easy-to-read statement. There are no smoke and mirrors. To find out how much you can save with rooftop solar click here. As for the cost, Monalee is trying to shake things up in that area as well. By automating the process, it can save money, which it passes on to customers. Monalee says it can save its more than 1,300 customers in 15 states up to 50% off the total. It also backs the equipment for 25 years. The current approach to selling solar panels to homeowners doesn’t seem to be working efficiently enough, given low adoption rates. Monalee wants to change that. Leveraging technology, it is automating the process and doing it at a lower cost. It's bringing savings, transparent pricing and a speedier process to homeowners – doing its part to grow the adoption of solar energy in the U.S. To see how much you can save on a solar system click here. Featured photo by Vivint Solar on Unsplash. Monalee is a climate tech company that is accelerating the adoption of home solar, storage, and EV charging. By leveraging powerful machine learning and removing salespeople and system designers from the process, we are able to secure the same solar panel systems for homeowners at half the price compared to the top traditional solar companies in the U.S., making us the fastest, most efficient way to go solar. This post contains sponsored content. This content is for informational purposes only and not intended to be investing advice Contact Details Megan McDonough pr@monalee.co Company Website https://monalee.co/

February 26, 2024 08:15 AM Eastern Standard Time

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HTX DAO Announces Strategic Partnership with SUN.io to Drive Ecosystem Development

HTX DAO

HTX DAO announced a strategic partnership with SUN.io on February 25. Through this collaboration, both parties aim to bolster HTX token liquidity and offer rewards to platform users. Building on mutual benefits, they will collectively foster the healthy and orderly development of the HTX DAO ecosystem. HTX DAO, a pioneering Decentralized Autonomous Organization within the blockchain ecosystem, is driven by a vision of open finance and a decentralized tokenized economy, prioritizing the restoration of governance to HTX token holders. The governance control of HTX DAO is in the hands of HTX token holders. Individuals who hold HTX tokens have the power and responsibility to make decisions and determine the direction and allocation of resources within the HTX DAO. SUN.io, the first platform integrating on-chain token swaps, liquidity mining, stablecoin swaps, and DAO on the TRON public chain, offers users a diverse range of one-stop services. It aims to establish an integrated DEX ecosystem with a high level of functionality, profitability, and security by leveraging multiple transaction protocols. SUN.io offers various incentives for participants, including rewards of transaction fees offered to liquidity market makers, liquidity mining of LP Tokens, and staking rewards for the SUN token. Through this strategic partnership, it is projected that HTX DAO will supply HTX-TRX liquidity equivalent to 50% of its quarterly revenue to LPs. At least 80% of this liquidity will be directed to SUN.io, and the LP tokens will be deposited into a zero-address. Based on the revenue of HTX Exchange in 2022 and 2023, the partnership is anticipated to increase the total liquidity of SUN.io 's TVL by at least $100 million, representing more than 20% of its total TVL. In appreciation, SUN.io will utilize community governance to vote on granting a minimum of $10 million worth of SUN tokens (with the upper limit adjusted based on the actual LP-Forecasting contribution values) to HTX DAO users. Furthermore, HTX DAO users are allowed to exchange the donated SUN tokens in a dynamically adjustable manner, with the aim of attracting more community members and encouraging active participation in community governance for the development of SUN.io. The final interpretation of the event shall rest with HTX DAO and SUN.io, and its validity shall endure indefinitely. Click the link to read the announcement: https://htxdao-1.gitbook.io/announcement-en/ 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

February 25, 2024 11:05 PM Eastern Standard Time

CME To Launch Euro-based Micro Bitcoin & Ether Futures, MultiversX Launches New Service on Google Cloud, KangaMoon Soars 50%

Kangamoon

CME is gearing up to introduce Euro-based micro Bitcoin and Ethereum futures in March. Meanwhile, MultiversX has launched a new service on Google Cloud called "1-click." Additionally, the KangaMoon presale has attracted huge attention from traders. Those looking for what crypto to invest in have turned to KangaMoon as the best opportunity in the crypto market. CME Eyeing Euro-Based Futures The Chicago Mercantile Exchange (CME) recently shared news on X about the plan of Euro-denominated micro Bitcoin and Ethereum futures. The launch is expected to occur on March 18th. The exchange also mentioned that this launch is awaiting regulatory approval. This announcement follows the successful introduction of micro Bitcoin futures in May 2021 and micro Ethereum futures in December 2021, both denominated in U.S. dollars. Giovanni Vicioso, the CME Group Global Head of Cryptocurrency Products, pointed out a 4x increase in trading volume for these USD-denominated micro futures. This is a sign of rising interest in such products. Meanwhile, the move to introduce Euro-denominated futures is part of the CME Group's strategy to grow its global audience. MultiversX (EGLD) Launches 1-click' Blockchain Node Service On Google Cloud MultiversX (EGLD) has unveiled a new service that integrates blockchain node functionality on Google Cloud. This development allows developers to link their applications with the MultiversX network and execute operations such as data retrieval and entry. This service is called a "1-click" operation, as it simplifies the sharding process. Through the Google cloud services marketplace, developers can enjoy a simple deployment solution. Unfortunately, MultiversX coin has not reacted positively to the news. It has dropped 5.6% in the past week from a high of $62.26 to a low of $56.31. Despite the price drop, the altcoin has maintained a 9.5% increase on the monthly chart. KangaMoon (KANG) To Experience a Massive Surge in 2024 KangaMoon (KANG) has captured the attention of both analysts and investors with its upcoming blockchain ICO. The presale for its native token, KANG, has entered stage 2. The token is worth just $0.0075, making it one of the most affordable options in the market and an attractive choice for investors seeking what crypto to invest in. This bullish rejection is fueled by KangaMoon's connection to the play-to-earn NFT gaming market. Per Yahoo Finance, this market was valued at $329 million in 2022. KangaMoon's strategy revolves around integrating Social-Fi and Play-to-Earn (P2E) features on a single platform, aiming to create an engaging and rewarding experience for meme coin enthusiasts. Users can participate in tournaments and contests to earn rewards and incentives. Additionally, KangaMoon offers ways for users to earn indirectly by betting on other players' outcomes. Notably, KANG token holders enjoy various benefits within the KangaMoon ecosystem. They will be able to sell rewards or assets on the KangaMoon marketplace and have governance rights to influence platform decisions. With KangaMoon in its second stage, the number of tokens available for the presale is decreasing. Therefore, investors are encouraged to participate in the blockchain ICO to capitalize on potential gains during and after the launch. Conclusion While CME wants to launch Euro-based micro Bitcoin and Ethereum futures, MultiversX has released a "1-click" operation to make developers' work easier. In other news, investors have shown interest in KangaMoon's altcoin, KANG. Smart investors have been buying KANG and enjoying a 15% bonus on their purchases. You should do the same. Discover the Exciting Opportunities of the KangaMoon (KANG) Presale Today! Website: https://Kangamoon.com/ Join Our Telegram Community: https://t.me/Kangamoonofficial Integrating GameFi and Play To EarnEmbark on your quest for glory. Assemble your champions, engage in epic battles or bet on your favorite fighters to earn $KANG tokens and exclusive rewards. Gain control of rare NFTs, unlock exclusive content and build alliances with fellow gamers as you ascend the ranks and leaderboards. Contact Details Kangamoon marketing@kangamoon.com Company Website https://kangamoon.com/

February 25, 2024 06:01 AM Central Standard Time

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HTX Live丨Ride the Restaking Wave: Join "Top Miner" Justin Sun for Wealth Opportunities and Early Airdrops of Popular Projects

HTX

On February 2, HTX hosted a livestream on X featuring a lineup of influential guests, including Justin Sun, a member of the HTX Global Advisory Board; Kong Jianping, the founder of Nano Labs; and Han Feng, co-founder of Elastos. Esteemed industry media outlets such as Jinse Finance, MetaEra, and MarsBit also participated in the event. This live discussion, titled "Explosion of the Restaking Ecosystem," delved into the thriving Restaking ecosystem and revealed the wealth opportunities within popular projects like EigenLayer and Merlin Chain. The event aimed to explore the promising narrative of the upcoming crypto bull market in 2024. HTX Live provided simultaneous live-streaming coverage of the event. Lower Risks in Restaking Protocols Compared to DeFi Protocols Justin Sun first explained the concept of Restaking after the opening of the live stream. Restaking, an asset management approach to decentralized staking pioneered by EigenLayer, enables users to restake their ETH, lsdETH, and LP Tokens on other sidechains, oracles, middleware, etc., as nodes and receive validation rewards. EigenLayer provides a new mechanism for pooled security by enabling modules to be secured by restaked ETH rather than their own tokens. From the perspective of smart contract risks, Justin Sun believes that Restaking Protocols carry lower risks compared to DeFi Protocols. Essentially, Restaking protocols do not involve the appropriation of principal for lending or interest generation, significantly reducing the likelihood of loss. Moreover, Restaking primarily utilizes the value of staked assets to ensure the credibility of the Layer 2 chain. HTX's Liquid Restaking Coming Soon! Share Rewards for Over $50 Million Staking Quota in the First Round Recently, the Restaking ecosystem has experienced rapid development, with many projects gradually introduced in the restaking and Layer 2 sectors: EigenLayer, a trending Ethereum restaking project with TVL of over $7 billion. Puffer, a trending Ethereum restaking project with TVL of over $1 billion. Merlin Chain, a Bitcoin Layer 2 solution with TVL of over $1.5 billion. BounceBit, a Bitcoin staking chain with TVL of over $0.45 billion. For average users, there are still three major challenges in earning early airdrops from these popular projects: 1. Involving Different Blockchains: It requires researching each blockchain separately, which can be a huge burden. 2. Liquidity Issue of Staked Assets: When users stake their assets, those assets become locked and unavailable for trading elsewhere. 3. High Entry Threshold: Operations on the blockchain are often complex, requiring users to invest a significant amount of time and effort to learn and understand blockchain technology. HTX is set to unveil a new feature of Liquid Restaking, granting users easy access to Restaking following a quick registration. Subsequently, users can earn rewards based on daily snapshots of their spot account balances. According to an announcement from HTX, its Liquid Restaking event will launch at 09:00 (UTC) on February 29, featuring BTC, ETH, USDT, HTX, and TRX as the first applicable cryptocurrencies. Users can register for Liquid Restaking with their spot account balance snapshotted to earn rewards, including tokens and early airdrops of popular projects such as EigenLayer, Merlin Chain, etc. Participants can share on-chain rewards for over $50 million staking quota, including 250 BTC, 2,500 ETH, 25,000,000 USDT, 25,000,000 TRX, and 1,500,000,000,000 HTX. 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. In summary, HTX's Liquid Restaking is suitable for users who intend to trade but are reluctant to study Restaking projects. Simply by putting their assets in spot accounts and applying for Restaking, they can enjoy rewards every day. Platform = Golden Shovel? High Value, Free Claims, Greater Flexibility, and Zero Risk As Justin mentioned in the livestream, HTX Liquid Restaking will turn the platform into a "golden shovel," making it possible to mine regardless of the asset type. "In the future, you can participate in mining using any assets, as long as they are held in your HTX spot account." 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 What makes HTX stand out is its fast iteration and focus on tracking new projects and concepts in the industry. It constantly strives to be at the forefront. This includes venturing into the Restaking ecosystem, making HTX likely the first crypto exchange to do so. "By embracing innovation and upgrading ourselves, we continuously bring additional profits to our users," Justin expressed confidence in the platform's future development. "Top Miner" Justin Suggests Taking Mining Seriously and Adopting a Relaxed Mindset to Restaking During the live discussion, Justin expressed optimism about Restaking's development, noting its positive impact on the entire industry. As a "top miner," he offered his suggestions: 1. "I don't recommend mining for those with weak risk management or limited code reading abilities, as there are risks involved. I take a serious attitude toward mining, so we should try to avoid its risks as much as possible. With the launch of Liquid Restaking on HTX, Justin hopes that all users can benefit from such projects. 2. A relaxed mindset for Restaking participation Novice users often prefer exchanges over direct protocol staking due to the latter's complexity. Exchanges offer convenient deposit and withdrawal services and custody responsibilities. When inscriptions became popular, it was common for people to say, "Just mint some – what if there's a surge?" This implied that one shouldn't miss out on the opportunity for profit. Similarly, Justin recommended adopting a relaxed attitude toward Restaking. Justin admitted that not every project would succeed and emphasized HTX's commitment to choosing high-value, high-certainty projects. Yet, the platform will seize every opportunity to profit from Restaking. After all, opportunities abound in a bull market, as long as risks are managed effectively. At the end of the broadcast, Justin shared his views on the crypto market in 2024. He believes the industry will perform well, and HTX aims to capitalize on this to work with users to create wealth. The platform will adapt to new trends swiftly and deploy resources accordingly. Restaking is still nascent but expected to flourish in the 2024 bull market. Users can stay tuned for and participate in HTX Liquid Restaking, which starts at 09:00 (UTC) on February 29, to earn airdrops of premium projects specifically arranged by the platform for this event and share on-chain rewards for over $50 million staking quota. 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/

February 24, 2024 11:54 PM Eastern Standard Time

SUN.io Partners with HTX DAO, providing support to the HTX/TRX liquidity sponsorship initiative

SUN

Singapore, February 24, 2024 - SUN.io has announced a strategic partnership with HTX DAO to empower users and provide support to the HTX/TRX liquidity sponsorship initiative. Through this partnership, HTX DAO intends to contribute 50% of its quarterly liquidity donations received to the HTX-TRX Liquidity Pool (LP), with a minimum of 80% allocated to SUN.io, and the LP tokens will be sent to a zero address. Based on projected revenues of the HTX exchange for 2022 and 2023, the token value locked (TVL) liquidity on SUN.io is expected to surge to over $100 million in 2024, representing over 20% of SUN.io's total TVL. As a token of appreciation to HTX holders, the SUN platform is launching various campaigns allowing participants the ability to receive SUN tokens proportionate to their HTX holdings (token value cap subject to actual LP contributions), enabling them to engage with the SUN platform governance and enjoy other benefits. HTX users who wish to opt out of the campaign can return the SUN tokens they hold within a specified timeframe. HTX DAO and SUN.io reserve all rights to final interpretation. SUN.io remains committed to its support of HTX and will introduce a variety of initiatives including fee reductions, listing of new trading pairs, and supplying free energy. The SUN.io team invites developers of all kinds to collaborate and build on the TRON blockchain. As a prominent DeFi application within the TRON ecosystem, SUN will expand its reach by incorporating more high-quality decentralized applications (dApps). This expansion is poised to enrich the dApp landscape within the SUN ecosystem and beyond, delivering increased value and opportunities across the TRON network. About SUN The SUN ecosystem is the first integrated platform for stablecoin swap, yield farming, and self-governance on TRON. It also facilitates the exchange of authorized digital currencies of Dominica. Social Media: X(Twitter): https://twitter.com/defi_sunio Medium: https://medium.com/@defi_sunio Media Contact SUN PR Team service@sun.io Contact Details SUN PR Team service@sun.io

February 24, 2024 07:00 PM Pacific Standard Time

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