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GDA Capital Acquires Omni3, Expands into Singapore with New Gaming Lead

PlatoData

Singapore, March 12, 2024 - ( PlatoGaming via 500NewsWire) -- GDA Capital, a global leader in digital asset and blockchain technology investments and capital markets advisory, is excited to announce the acquisition of Omni3, a digital asset and disruptive technology advisory firm based in Singapore. This strategic move marks a significant milestone for GDA Capital as it extends its global footprint into the vibrant Asian market, with a dedicated commitment to establishing a full-time presence in Singapore. Nicholas Seah, the esteemed founder of Omni3, will be joining the GDA Capital team as the Gaming Lead, bringing a wealth of experience and expertise to the table. Nicholas’s impressive track record includes a notable tenure at Temasek, the Singaporean sovereign fund with $400B+ in AUM, and Blockchain Founders Fund, a leading venture capital firm in the blockchain space. His deep understanding of the Asian markets and extensive network will be instrumental in steering GDA Capital's strategic direction and growth in the region. The acquisition of Omni3 underscores GDA Capital's commitment to investing in high-potential markets and sectors, particularly in the gaming and blockchain industries. Nicholas Seah's leadership role as the Gaming Lead highlights the company's focus on innovative technologies and its ambition to become a dominant player in the digital asset space globally. "We are thrilled to welcome Nicholas and the Omni3 team to GDA Capital. This acquisition is a pivotal step towards our expansion in Asia and strengthens our capabilities in the capital markets advisory domain," said Michael Gord, CEO of GDA Capital. "Nicholas's extensive experience and remarkable track record in both the financial and blockchain sectors will be invaluable as we embark on this exciting new chapter in Singapore." As part of the acquisition, GDA Capital is making a significant investment in establishing a robust full-time presence in Singapore, emphasizing its commitment to becoming a key player in the region's thriving digital economy. The new office in Singapore will serve as a central hub for GDA Capital's operations in Asia, focusing on capital markets advisory, blockchain technology, and the burgeoning gaming sector under Nicholas’s leadership. Nicholas commented, "Joining GDA Capital is a remarkable opportunity to contribute to the company's growth and to drive the blockchain and gaming industries forward in Asia and beyond. I am excited to lead our expansion in Singapore, leveraging my experience and network to build a strong foundation for GDA Capital in this dynamic market." The acquisition of Omni3 and the establishment of a Singapore office are just the beginning of GDA Capital's ambitious plans for the region. With a strategic focus on innovation, technology, and market expansion, GDA Capital is well-positioned to capitalize on the rapidly growing demand for digital asset and blockchain solutions in Asia and around the world. About GDA Capital GDA Capital is a leading global digital asset and blockchain technology investment firm. With a diverse portfolio of investments across various sectors, GDA Capital is committed to driving innovation and providing strategic advisory services to businesses worldwide. About Omni3 Omni3 is a capital markets advisory firm based in Singapore, specializing in providing strategic guidance and solutions to businesses in the digital asset and blockchain sectors. Founded by Nicholas Seah, the firm has established itself as a trusted advisor in the Asian market. Contact Details Bryan Feinberg +1 551-574-2169

March 12, 2024 12:00 PM Eastern Daylight Time

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Life DeFi Partners with Alvara Protocol to Integrate ERC 7621 Basket Token Standard

PlatoData

Seychelles, March 12, 2024 - ( PlatoGaming via 500NewsWire) -- In a significant stride towards enhancing DeFi accessibility and functionality, Life DeFi is thrilled to announce a partnership with Alvara Protocol. This collaboration marks the integration of the innovative ERC 7621 standard into Life DeFi’s mobile and Chrome extension wallets, setting a new standard in the DeFi ecosystem. Alvara Protocol introduces a novel approach to managing and investing in digital assets. By allowing users to create, manage, and trade baskets of tokens, it simplifies the investment process, offering a diversified approach directly within Life DeFi’s platforms. Streamlining DeFi Investments Through this partnership, Life DeFi users will gain the ability to access and interact with ERC 7621 token baskets, empowering them to diversify their portfolios with ease and efficiency. This feature is designed to lower the entry barriers for novice users while providing sophisticated tools for seasoned investors. Empowering Users with Advanced Features Alvara empowers you to create and mint ERC 7621 Basket Tokens (BTS) effortlessly. Custom Token Baskets: Users can create personalized baskets of tokens based on their investment preferences and risk appetite. Seamless Trading: Directly trade entire baskets of tokens in a single transaction, enhancing liquidity and reducing transaction costs. Portfolio Diversification: Easily diversify investments to manage risk without the need to manage each asset individually. User-Friendly Interface: Create, manage and even sell your BTS tokens all on one seamless platform. The integration of the ERC 7621 into Life DeFi’s mobile and Chrome extension wallets will allow users to store BTS tokens in their Life DeFi wallets. Life DeFi’s platforms offer an intuitive and easy-to-navigate interface, making it simpler for users to leverage the benefits of the ERC 7621 standard. A Commitment to Innovation and Accessibility Both Life DeFi and Alvara Protocol are committed to driving innovation and accessibility in the DeFi space. This partnership reflects our shared vision of making DeFi more approachable and efficient for everyone. About Life DeFi Life DeFi is a leading decentralized finance platform offering a suite of services designed to make DeFi accessible and user-friendly. With a focus on innovation and security, Life DeFi provides a comprehensive ecosystem for managing digital assets, including a mobile app and Chrome extension wallet. About Alvara Protocol Alvara Protocol is at the forefront of DeFi innovation, developing cutting-edge technologies to enhance the digital asset ecosystem. The new ERC 7621 token standard, developed by Alvara, represents a significant advancement in token creation and management and investment strategies. For more information about Life DeFi and the integration of the ERC 7621, please visit [Life DeFi's website] and alvaraprotocol.io. Contact Details Amplifi PR - Bryan Feinberg, CEO +1 551-574-2169

March 12, 2024 12:00 PM Eastern Daylight Time

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Walkabout Resources nears commissioning of Lindi Jumbo Graphite Mine

Walkabout Resources Ltd

Walkabout Resources Ltd (ASX:WKT) CEO Andrew Cunningham joins Proactive's Stephen Gunnion with an update on the Lindi Jumbo Graphite Mine in Tanzania, saying the project is on track for commissioning despite a tight schedule and challenges such as shipping delays. The arrival of backup generators in Dar es Salaam marks the completion of necessary equipment deliveries, allowing for the transition to the commissioning and production phases. The logistical hurdles faced were compounded by COVID-related container shortages and increased port traffic at Dar es Salaam, managed by DP World. To mitigate these issues, Walkabout Resources staggered shipments and prepared contingency plans, including sourcing critical spares from South Africa. Cunningham detailed the company's preparations for potential further delays, including securing grid power and the imminent arrival of additional first falls. Stage commissioning of the plant has commenced, with dry and wet commissioning of various circuits underway, facilitating a conservative ramp-up to full production over the next few months. The significance of the Lindi Jumbo Graphite Mine extends beyond the company, representing the first critical metal asset to reach full production in Tanzania and marking the first significant foreign direct investment in the country's mining sector in a decade. The project is closely watched, as it opens amidst predictions of a severe graphite shortfall, with Walkabout Resources positioned ahead of competitors. Cunningham's interview highlights the strategic and operational steps taken to navigate challenges and the broader implications for Tanzania's mining industry. Contact Details Proactive Investors Jonathan Jackson +61 413 713 744 jonathan@proactiveinvestors.com

March 12, 2024 11:10 AM Eastern Daylight Time

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MHTN Launches: The First 24/7 Mental Health Streaming Network

Mental Health Television Network

The Mental Health Television Network (MHTN) officially launches today, marking a groundbreaking moment as the world's first 24/7 streaming platform dedicated exclusively to mental health news, education, and resources. MHTN aims to revolutionize the conversation around mental well-being, providing reliable information from medical experts, reducing stigma, and empowering individuals seeking support. "The need for greater awareness and accessible mental health resources has never been more urgent," states Kieran Clarke, Co-Founder and CEO of MHTN. "With MHTN, we're creating a comprehensive, trustworthy hub where viewers can find accurate information, inspiring stories, and tools to enhance their mental health journeys." "MHTN isn't just about watching; it's about engaging viewers to connect, learn, and find pathways to support," says Troy McGuire, Founder & President. "This platform gives a voice to the millions whose experiences with mental health often remain in the shadows." The network's leadership includes Co-Founder and Chief Medical Officer Dr. Daniel Bober, a distinguished psychiatrist dedicated to responsible, medically informed approaches to mental health content. "MHTN provides a vital opportunity to combat misinformation and harmful stereotypes around mental health," says Dr. Bober. "We will always prioritize evidence-based perspectives and empowering those dealing with mental health challenges." MHTN's diverse programming will feature documentaries, in-depth interviews with experts, news coverage of mental health developments, spotlights on community initiatives, wellness workshops, and more. It boasts a unique partnership structure with leading mental health organizations, ensuring content aligns with the latest research and best practices. Key Features of MHTN: Live & On-Demand Programs: News roundups, documentaries, expert panels. Interactive Resource Hub: National hotline directory, support group finders, therapist locators. Social Media Integration: Live Q&A sessions and hashtag campaigns promoting dialogue. Partnerships: Collaborations with leading mental health advocacy groups for greater impact. How to Watch: MHTN will soon be available through major streaming services and apps and as a direct subscription offering. Visit www.mhtn.org for more information. ### About Mental Health Television Network (MHTN): MHTN is a groundbreaking media platform dedicated to transforming how we understand and address mental health. Utilizing the power of media, MHTN's mission is to increase awareness, provide information, and cultivate open conversations about mental well-being. Contact Details Mental Health Television Network Kieran Clarke +1 971-226-1749 kieran@mhtn.org Company Website https://www.mhtn.org

March 12, 2024 10:00 AM Eastern Daylight Time

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Pyxis Tankers chairman and CEO discusses strong performance and fleet expansion

Pyxis Tankers Inc

Pyxis Tankers Inc (NASDAQ:PXS) chairman and CEO Valentios (Eddie) Valentis, provides an update on the company's performance and future plans in an interview with Proactive's Stephen Gunnion. For the nine months ending September 2023, the company reported net revenues of $32.2 million and an adjusted EBITDA of approximately $15 million, with fully diluted earnings per share at $1.21. The average daily time charter equivalent for the MRs in Q4 increased to about $30,500 per day, with bookings for Q1 2024 at approximately $29,200 for 75% of available days. Pyxis Tankers maintains a solid balance sheet and liquidity, having completed the sale of the 2015-built MR at a record price, realising a gain of over $17 million. The fleet currently includes three eco-efficient MR tankers with an average age of approximately nine years and has expanded into the dry bulk sector with the acquisition of three vessels, bringing the total fleet to five. The company is exploring further acquisitions, particularly in the eco-friendly dry bulk space, and remains positive about the market conditions for both tanker and dry bulk sectors, despite geopolitical tensions and weather-related disruptions. Pyxis Tankers has repurchased 7% of its outstanding float and holds approximately 400,000 shares of Series A convertible preferred stock, trading under the symbol PXS AP. Contact Details Proactive North America Proactive North America +1 604-688-8158 NA-editorial@proactiveinvestors.com

March 12, 2024 09:56 AM Eastern Daylight Time

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AFC Energy achieves milestone with first factory acceptance test of 30kW H-Power generator

AFC Energy PLC

AFC Energy PLC (AIM:AFC, OTC:AFGYF) CEO Adam Bond tells Proactive's Stephen Gunnion the company has reached a significant milestone with the factory acceptance test of its 30kW H-power generator, marking a step forward in its collaboration with Speedy Hire. This achievement follows the deployment of its first generation 10kW generators from 2020 to 2023, from which the company gained valuable insights and made improvements. The demand for a larger, 30kW generator led to the partnership with Speedy Hire, culminating in the development and successful operation of the new generator, which meets all contractual requirements for performance and operation. Bond said the milestone not only validates the technology but also initiates the sale of generators into the Speedy Hydrogen Solutions joint venture, with the first generator sold and minimum orders contracted through to 2025 and 2026 to maintain exclusivity in the UK and Ireland. The joint venture has already sparked significant interest, especially from tier one contractors in the UK, driven by regulatory changes and major projects that prohibit the use of diesel generators. AFC Energy is responding to this demand by exploring manufacturing scale-up options, including contract manufacturing in Germany. The company looks forward to deploying its generators at Speedy Hire's live exhibition, where around 500 contractors will view the technologies offered by Speedy Hire. Contact Details Proactive UK Ltd +44 20 7989 0813 uk@proactiveinvestors.com

March 12, 2024 09:53 AM Eastern Daylight Time

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Bitget Adds $PENG to Its Platform, Bringing Creativity to Solana's DeFi Landscape

Bitget

Bitget, the leading cryptocurrency exchange and Web3 company, is thrilled to announce the listing of $PENG, the latest addition to the Solana blockchain. $PENG, characterized by its small yet mighty penguin with a hint of Pepe the Frog, injects a fresh wave of creativity into Solana's DeFi ecosystem. As the newest meme token on the block, $PENG is set to invigorate the frosty Solana chain and foster liquidity. $PENG embodies creativity and innovation, drawing inspiration from popular culture icons to create a unique presence in the DeFi world. With its playful penguin mascot and nods to internet culture, $PENG aims to bring warmth and excitement to the Solana blockchain community. As the freshest meme token on Solana, $PENG is poised to spice things up in the DeFi landscape. With its vibrant community and commitment to fostering liquidity, $PENG invites users to join in its journey of exploration and innovation. "We are thrilled to welcome $PENG to the Bitget platform," said Gracy Chen, Managing Director of Bitget. "As a leading exchange, we are dedicated to offering our users access to the most innovative and exciting projects in the crypto space. $PENG's creativity and enthusiasm align perfectly with our mission to empower users and drive growth in the DeFi ecosystem." Bitget has consistently expanded its market share in both spot and derivatives trading among centralized exchanges. With a focus on providing users with opportunities to invest in popular and valuable projects, Bitget's spot market has seen significant growth. In 2023 alone, the platform added over 350 new listings, further diversifying investment options for users. Meanwhile, Bitget Wallet supports over 100 mainnets and 250,000+ tokens. Its on-chain trading function Bitget Swap enables cross-chain trading between nearly 30 mainnets. About Bitget Established in 2018, Bitget is the world's leading cryptocurrency exchange and Web3 company. Serving over 25 million users in 100+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, swap, NFT Marketplace, DApp browser, and more. Bitget inspires individuals to embrace crypto through collaborations with credible partners, including legendary Argentinian footballer Lionel Messi and official eSports events organizer PGL. For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet Contact Details Rachel Cheung media@bitget.com Company Website https://www.bitget.com/

March 12, 2024 09:42 AM Eastern Daylight Time

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Nibiru Chain Debuts Public Mainnet Along with Four Major Exchange Listings

Nibiru

Nibiru Chain, a developer and user-centric Layer 1 platform, has officially launched its public mainnet. Nibiru Chain stands out by offering a secure and efficient environment for building highly-performant decentralized applications. It is distinguished by its robust smart contract ecosystem offering superior throughput and unparalleled security, making it the go-to platform for builders in gaming, real-world assets (RWAs), NFTs, DeFi, and more. At launch, Nibiru Chain offers a wide range of functionalities to its community and prospective builders. Users can engage in staking with NIBI validators and participate in decentralized governance. Nibiru Chain will also introduce competitive Web3 gaming through Chess3, allowing players to learn the game of chess, compete in tournaments sponsored by communities, streamers, or brands, and earn rewards. Additionally, Nibiru Chain supports the minting and trading of NFTs on Dropspace, secure “.nibi” namespaces through Nibiru ID, and real estate opportunities through Coded Estate. Nibiru Chain encourages innovation by rewarding developers with a portion of transaction fees from their smart contracts, offering built-in value accrual. In addition to providing developers with tools to build applications, Nibiru Chain introduces its Super Chain, which includes perpetuals, spot, swap, and stablecoin functionalities. These features offer greater opportunities for dApps to expand and integrate with DeFi. The Super Chain initiative aims to deliver a seamless retail trading and investment experience and is designed to serve users across more than 40 blockchains. Nibiru’s Strategic Vision for 2024 Nibiru Chain’s key initiatives include rolling out its genesis NFT collection and expansion into the APAC region with an initial focus on Korea, China, India, Japan, Vietnam, and Thailand. Central to Nibiru Chain’s mission is the launch of parallel optimistic execution, which enables the simultaneous processing of multiple independent transactions. Launching Nibiru Chain marks a significant stride toward increasing blockchain scalability by bridging gaps across the blockchain landscape. Nibiru is engineered to dismantle hurdles that have isolated applications and users within their ecosystems and offer an intuitive, straightforward entry point into a more thoroughly connected Web3 for users and developers alike. Additionally, Nibiru Chain is set to announce details on its upgrade enabling full Ethereum Virtual Machine compatibility, ensuring further interoperability with Ethereum-based dApps. This integration will lower the barrier to entry for Ethereum developers and facilitate a smoother transition to Nibiru Chain’s more efficient and cost-effective Layer 1 solution, making crypto more accessible and user-friendly for the general public. About Nibiru Nibiru Chain is a breakthrough L1 blockchain and smart contract ecosystem sporting superior throughput and unparalleled security. Nibiru aims to be the most developer-friendly and user-friendly smart contract ecosystem, leading the charge toward mainstream Web3 adoption by innovating at each layer of the stack: dApp development, infra, consensus, a comprehensive dev toolkit, and value accrual. Website | Twitter | LinkedIn | Telegram | Discord Contact Details Nibiru Nibiru Team Media@nibiru.org

March 12, 2024 09:40 AM Eastern Daylight Time

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HTX "Trade to Earn" Event Guide: Trade BTC to Get High $HTX Rewards for Free

HTX

On March 11, the cryptocurrency exchange HTX launched an open beta test for its brand-new "Trade to Earn" event, available to all users. This event, shaped by voice from the HTX DAO community, aims to deliver a fresh trading experience and generous $HTX rewards to users. Following the conclusion of the beta period, HTX will soon kick off the official event with an even more substantial prize pool daily. At the same time, the platform's all fee income generated from the BTC/USDT trading pair during the event will be fully used for $HTX buyback to support the stable $HTX appreciation. What is Trade to Earn? The Trade to Earn event is a benefit for all trading users. After successful registration for this event, participants can earn $HTX as rewards by trading designated cryptocurrencies. Additionally, all daily trading fees generated will be fully utilized for $HTX buybacks to support stable appreciation. 100% of $HTX acquired through buybacks will be entirely burned! This event enhances the platform's liquidity through reduced trading costs and improved trading efficiency, offering users better trading experience. Meanwhile, the supply of $HTX will be decreased through the event to enhance its stability and value, which will help attract more investors and users to participate in ecosystem development. Most importantly, this burning method also grants more earning opportunities for HTX DAO users. Through participation in liquidity mining and staking, users can receive more rewards in tokens, thereby achieving wealth appreciation. A Complete Guide to Participation 1. Eligibility ● The event is open to all HTX users, including market makers and API traders. ● Users must have a Rocket count of ≥6,000 and successfully register on the event page. 2. Event Schedule ● Open Beta Test Period: 12:00:00 (UTC) on March 11, 2024 to 11:59:59 (UTC) on March 14, 2024. ● The Trade to Earn event is on a daily basis. A day is defined from 12:00 (UTC) on Day T to 11:59 (UTC) on Day T+1. ● Event rewards will be calculated and updated starting on Day T+2 at 04:00 (UTC). Eligible users can claim their rewards of $HTX after the time. There are no lock-up restrictions for $HTX earned from the event, withdrawable at any time. 3. Event Rules ● Applicable Spot Trading Pair: BTC/USDT ● Reward Calculation: $HTX reward amount = Actual fee generated in USDT * Reward ratio by the order type / $HTX price at 12:00 (UTC) on Day T ● A participant will not receive rewards if either the daily reward limit for the participant or the daily prize pool limit is reached. Estimated Rewards ● The daily prize pool is a fixed value in USDT, specifically 2,000 USDT during the open beta test period. The event will calculate the $HTX amount in each pool based on the $HTX price at the start of the day. For instance, if the $HTX price is 0.000002 USDT at 12:00 (UTC) on Day T when the event starts, and the prize pool of the day is 2,000 USDT, then the total $HTX amount for the day would be 1,000,000,000. ● The $HTX amount in the daily prize pool is calculated based on the actual fees generated, order types, and reward ratios. For example, assume the $HTX token price is 0.000002 USDT at the start of the Trade to Earn event at 12:00 (UTC) on Day T, and a participant generates 100 USDT in fees from BTC/USDT trading pair between 12:00 (UTC) on Day T and 11:59 (UTC) on Day T+1, all as Taker orders. Meanwhile, the fees are generated before the depletion of the prize pool on Day T, and the participant's reward limit is not reached. Then the participant's daily reward of $HTX would be: 100 * 102% / 0.000002 = 51,000,000. "Trade to Earn" serves as an innovative model for cryptocurrency trading and empowerment, provides users with broader opportunities to engage in trading and earn profits. As it evolves and refines, this event, with its distinctive mechanism, will draw more engagement, fostering long-term prosperity and stability within the cryptocurrency market. 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 12, 2024 09:17 AM Eastern Daylight Time

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