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Wormhole Foundation Awards Contributor Grant to Supranational for Wormhole ZK Hardware Acceleration

Wormhole Foundation

Wormhole Foundation, steward of the Wormhole interoperability platform, today announced the awarding of a Contributor Grant to Supranational, a renowned innovator in hardware-accelerated cryptography. The collaboration between Supranational and Wormhole contributors aims to enhance the Wormhole protocol's efficiency and security through ZKP hardware acceleration. This partnership focuses on reducing time and costs associated with creating 'light-client' proofs, crucial for trustless transfers between blockchains. Supranational will leverage its CPU and GPU acceleration expertise to minimize proof generation latency, enhancing Wormhole ZK's cross-chain interactions. “We're excited to team up with Supranational to continue increasing security and trustlessness in the Wormhole platform,” said Dan Reecer, Wormhole Foundation Co-Founder & Chief Operating Officer. “By accelerating zero-knowledge proofs through hardware, we're not only boosting efficiency and security but also laying the groundwork for faster scaling to support more blockchain connections for Wormhole.” Supranational designs and develops hardware-accelerated cryptography for verifiable and confidential computing. The team has decades of experience in algorithmic optimization, and their work spans across CPU, GPU, FPGA, and ASIC computing platforms. In particular, the team is focused on developing open source, permissively-licensed, and production-grade cryptographic libraries. One of the most well-known examples of these libraries is blst, a high-performance and high-assurance implementation of BLS signatures. This library is currently used by blockchain networks, including Ethereum, Optimism, Aptos, Sui, and more. Blockchain protocols leverage this library to help them securely scale their consensus protocols and the library currently helps to secure over $100B of assets. In addition to their work on the cryptography powering consensus and asset management, Supranational also develops hardware acceleration for emerging cryptographic techniques such as zero-knowledge proofs (ZKPs). For example, their open source library, sppark, is used to accelerate the core primitives of SNARKs and STARKs with high-performance GPU implementations. This library is currently used by the Filecoin protocol and helps to generate over 75% of the ZKPs in the blockchain space. In addition to Filecoin, the library is also used by other leading verifiable and privacy preserving protocols such as Aleo, Risc0, and more. About Wormhole Foundation Wormhole Foundation is the steward of Wormhole - the world’s first generalized messaging protocol. Our mission is to empower passionate people in the research and development of blockchain interoperability technologies. Through grants, research, and ecosystem programs, we seek to enable teams to build secure, open-source, and decentralized products within the Wormhole ecosystem. If you’re interested in helping achieve our mission, contact us at hello@wormhole.foundation. About Supranational Supranational designs and develops hardware accelerated cryptography for verifiable and confidential computing. The team has decades of experience in algorithmic optimization across CPU, GPU, FPGA, and ASIC platforms. Accelerated cryptography developed by Supranational is currently in production in blockchain networks such as Ethereum, Optimism, Filecoin, Aptos, Sui, Chia, and more. For more information, visit https://www.supranational.net/ or e-mail hello@supranational.net. Contact Details Wahaj Khan +1 630-935-7684 wahaj@dittopr.co Company Website https://wormhole.com/

April 18, 2024 10:00 AM Eastern Daylight Time

FPX Nickel secures key expansion to alliance with Japan Organization for Metals and Energy Security

FPX Nickel Corp

FPX Nickel CEO Martin Turenne joined Steve Darling from Proactive to announce an expansion of the company's Global Generative Alliance program with the Japan Organization for Metals and Energy Security (JOGMEC). Building on the progress achieved in Year One and the positive momentum generated thus far, FPX and JOGMEC have agreed to an expanded budget for Year Two of the program. Turenne elaborated on the developments, emphasizing that the program will continue to focus on the global identification and acquisition of high-quality awaruite nickel properties akin to the company's flagship Baptiste Nickel Project in central British Columbia. Under the expanded Year Two budget, the alliance's financial resources will increase from the initially planned $650,000 to $1,500,000. This significant boost in funding reflects the continued commitment of both FPX and JOGMEC to advancing the exploration and acquisition efforts in pursuit of strategic mineral assets. The ongoing evaluations, spanning five international jurisdictions and three Canadian provinces, remain on track to define Designated Projects that will be joint ventured by FPX and JOGMEC starting in Year Two. Notably, the alliance has already staked approximately 120 km2 of prospective ground in British Columbia, underscoring the company's proactive approach to securing promising mineral tenure. Looking ahead, FPX Nickel is strategically positioning itself for additional mineral tenure acquisitions within British Columbia, as well as in other regions across Canada and internationally. These efforts align with the company's overarching objective of identifying and advancing high-potential projects that complement its existing portfolio. As the Generative Alliance program continues to progress, FPX Nickel remains committed to leveraging its partnership with JOGMEC to drive exploration success and unlock value for shareholders. With a strategic focus on securing promising mineral assets and advancing exploration initiatives, FPX Nickel is well-positioned for continued growth and success in the dynamic nickel market. Stay tuned for further updates as the company executes its strategic initiatives and pursues its vision of becoming a leading player in the nickel industry. Contact Details Proactive Canada +1 604-688-8158 action@proactiveinvestors.com

April 18, 2024 09:45 AM Eastern Daylight Time

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BioHarvest Sciences secures new state of the art 80,0000 square foot manufacturing facility

BioHarvest Sciences Inc

BioHarvest Sciences CEO Ilan Sobel joined Steve Darling from Proactive to to unveil two significant agreements that mark a transformative milestone for the company: an equipment purchase agreement for 12 state-of-the-art GMP clean rooms and a long-term lease agreement for a new 80,000 square foot facility in Yavne, Israel. Sobel elaborated on the exciting developments, highlighting that the new facility represents a major expansion for BioHarvest Sciences. Equipped with industry-leading clean rooms, as well as fully built-out laboratory space and offices, the facility is poised to support the company's ambitious growth plans. Notably, it also provides the necessary infrastructure to accommodate the anticipated expansion of the Contract Development and Manufacturing Organization (CDMO) Business Unit. The strategic significance of this transaction lies in its immediate access to cutting-edge clean rooms and laboratories, essential for meeting the evolving needs of both the Products Business Unit and CDMO customers. Furthermore, the facility boasts ample additional space, enabling the construction of a new 50-ton manufacturing facility slated for operation in the second half of 2025. This facility will incorporate upgraded equipment and technologies, representing the second generation of the Botanical Synthesis manufacturing process. These enhancements are designed to optimize production yields and efficiencies, further solidifying BioHarvest Sciences' position as a leader in botanical synthesis technology. Sobel emphasized that the relocation of Research & Development and corporate administrative offices to the new BioHarvest Campus is imminent, expected to be completed within the next 6-9 months. This consolidation of operations underscores BioHarvest Sciences' commitment to streamlining its operations and fostering collaboration across its various business units. As BioHarvest Sciences embarks on this exciting new chapter of growth and expansion, Sobel expressed confidence in the company's ability to capitalize on the vast opportunities that lie ahead. With its state-of-the-art facilities and cutting-edge technologies, BioHarvest Sciences is poised to drive innovation and deliver value to its customers and stakeholders alike. Stay tuned for further updates as the company continues to forge ahead on its journey of growth and success. Contact Details Proactive North America +1 604-688-8158 NA-editorial@proactiveinvestors.com

April 18, 2024 09:43 AM Eastern Daylight Time

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First Phosphate announces former U.S. Department of Commerce Director joins Advisory Board

First Phosphate Corp

First Phosphate Corp CEO John Passalacqua and news Advisory Board member Gary Stanley joined Steve Darling from Proactive to announce an exciting development: the appointment of Stanley to the company's advisory board. With over 40 years of experience with the U.S. Department of Commerce in Washington, DC, Stanley brings a wealth of expertise and insight to First Phosphate Corp's strategic endeavors. Throughout his illustrious career, Stanley has served under every U.S. President from Ronald Reagan to Joe Biden, leveraging his extensive experience to collaborate with both public and private sector stakeholders. His efforts have been instrumental in strengthening American supply chains and enhancing U.S. global competitiveness across critical minerals, metals, chemicals, and other materials industries. Passalacqua highlighted Stanley's pivotal role as the lead author of the 2019 US Federal Critical Minerals Strategy, a seminal document that laid the groundwork for the U.S. Government's critical mineral supply chain prerogatives. This landmark initiative not only shaped policy frameworks but also catalyzed collaborative efforts between the United States and its allies, including the creation of the 2019 USA-Canada Critical Minerals Working Group. Under Stanley's leadership, this working group has played a pivotal role in advancing numerous critical minerals projects involving American and Canadian companies, fostering cooperation and innovation within the sector. His appointment to First Phosphate Corp's advisory board signifies a strategic alignment aimed at leveraging his unparalleled expertise to drive the company's growth and success in the burgeoning critical minerals landscape. As First Phosphate Corp continues to pursue its strategic objectives and navigate the dynamic regulatory and market landscape, Stanley's guidance and insights will prove invaluable. With his wealth of experience and deep understanding of critical minerals issues, Stanley is poised to make a significant contribution to the company's mission of unlocking value and driving innovation in the critical minerals sector. Stay tuned for further updates as First Phosphate Corp leverages Stanley's expertise to chart a course for sustained success and leadership in the industry. Contact Details Proactive Investors +1 604-688-8158 na-editorial@proactiveinvestors.com

April 18, 2024 09:40 AM Eastern Daylight Time

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GinsGlobal CEO highlights unique investment approach amidst evolving tech landscape

HANetf

Anthony Ginsberg, CEO of GinsGlobal Index Fund joined Steve Darling from Proactive to provide an overview and update on the Tech Megatrend ETF. Ginsberg delved into the fund's global scope and strategic approach, highlighting its distinctive characteristics and investment strategy. The Tech Megatrend ETF stands out for its global footprint, encompassing a diverse technology benchmark with approximately 60% exposure to the US market and significant allocations to Japan, China, and Europe. Unlike the NASDAQ, which is heavily concentrated in a few large tech companies, the GinsGlobal Index Fund adopts an equally weighted approach across its 120 holdings, with no single holding typically exceeding 2%. This strategy allows the fund to capture a broad range of technology sub-themes, including digital entertainment, social media, blockchain, electric vehicles, cybersecurity, artificial intelligence, and robotics. Ginsberg underscored the fund's favorable price-to-earnings ratio, currently hovering around 18 times, indicating that its stocks are not overvalued compared to certain market segments. He also highlighted the potential for expansion beyond mega-cap companies, buoyed by positive economic indicators in the US and the possibility of lower interest rates, which could bode well for mid and small-cap stocks. Regarding acquisition trends, Ginsberg noted the active involvement of both large and mid-sized companies in mergers and acquisitions, with mid-sized firms representing attractive targets that do not trigger antitrust concerns. He also discussed the potential impact of a strong dollar and the US government's initiatives aimed at reducing reliance on foreign technology, which could bolster North America's competitiveness and stimulate onshoring trends. In conclusion, Ginsberg's insights shed light on the dynamic landscape of the technology sector and the strategic positioning of the Tech Megatrend ETF within it. As the fund continues to navigate market trends and capitalize on emerging opportunities, investors can expect to benefit from its diversified portfolio and forward-looking investment approach. Stay tuned for further updates as GinsGlobal Index Fund continues to drive innovation and growth in the technology space. Contact Details Proactive United States +1 347-449-0879 action@proactiveinvestors.com

April 18, 2024 09:38 AM Eastern Daylight Time

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Gold Terra Resources drilling Intersects Con Shear and Gold in Hanging Wall at Con Mine Property

Gold Terra Resource Corp

Gold Terra Resources Chairman and CEO Gerald Panneton joined Steve Darling from Proactive to unveil exciting developments regarding the company's deep drill hole targeting the Campbell Shear beneath the Con Mine workings. The drill hole, initiated in early February, has yielded significant results, including the intersection of the Con Shear from 1366 to 1405 meters—a secondary shear structure—along with new gold mineralization discoveries. Panneton provided insights into the findings, highlighting the discovery of gold mineralization reaching up to 13.90 g/t Au over a span of 0.60 meters in the hanging wall granite host of the Con shear at multiple depths along the drill hole. Notably, the Con Shear intersection is characterized by intense silicification of mafic volcanic and intermediate intrusive rocks, with a prominent quartz vein present along the intermediate intrusive-mafic volcanic contact. Additionally, numerous quartz veins with pyrite mineralization were observed within the strongly silicified and sheared zone, indicative of significant mineralization potential. The intermittent yet robust shearing observed over the interval underscores the geological complexity and mineralization potential of the area. Building on these promising results, the 2024 deep drilling program aims to expand upon the initial Mineral Resource Estimate from September 2022, which identified 109,000 Indicated ounces of contained gold and 432,000 Inferred ounces of contained gold between surface and a depth of 400 meters below surface along a 2-kilometer corridor of the Campbell Shear. With these latest discoveries, Gold Terra Resources is poised to unlock further value and potential within its extensive exploration portfolio. The company's commitment to advancing its exploration initiatives and maximizing shareholder value is evident in its proactive approach to exploration and resource expansion. As Gold Terra Resources continues to explore and develop its projects, stakeholders can look forward to further updates and advancements in the company's quest to uncover the full potential of its mineral assets. Contact Details Proactive North America Proactive North America +1 604-688-8158 NA-editorial@proactiveinvestors.com

April 18, 2024 09:36 AM Eastern Daylight Time

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Lumina Gold CEO Discusses Impact of Rising Gold Prices on Project Valuations

Lumina Gold Corp

Lumina Gold CEO Marshall Koval joined Steve Darling from Proactive to shedding light on the significant impact of rising gold prices on the company's projects. The focal point of the conversation was Lumina's Cangrejos project in Ecuador, with a particular emphasis on the updates since the pre-feasibility study conducted in early 2023. During the pre-feasibility study, conducted when gold was priced at $1,650 per ounce and copper at $375 per pound, projections revealed a net present value (NPV) of $2.2 billion and an internal rate of return (IRR) of 17.2%. However, with current gold prices soaring to $2,350 per ounce and copper reaching $425 per pound, the NPV has skyrocketed to approximately $4.2 billion—an astounding 85% increase—while the IRR has surged to 27%. This remarkable upturn underscores the immense value inherent in Lumina Gold's projects, propelled by the favorable market conditions. Despite this positive development, Koval highlighted a notable disparity between the market valuation of gold equities and physical gold prices. Lumina Gold's share price has not mirrored the substantial increase in gold prices or the growth in project reserves, which have expanded by a remarkable 400% since 2017. This discrepancy underscores the potential for significant value appreciation in Lumina Gold's stock, presenting an enticing opportunity for investors. Koval also provided insights into ongoing developments, revealing that a feasibility study is currently underway and expected to conclude in May of 2025. Major fieldwork has been completed, and ongoing metallurgical testing is further enhancing the project's viability. Additionally, Koval highlighted the company's financial stability, bolstered by funding through the Wheaton stream, and anticipated the commencement of environmental assessments in the near future. As Lumina Gold continues to advance its projects amidst a backdrop of favorable market conditions, the company remains poised to capitalize on the burgeoning demand for gold and copper. Contact Details Proactive North America Proactive North America +1 604-688-8158 NA-editorial@proactiveinvestors.com

April 18, 2024 09:34 AM Eastern Daylight Time

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ESE Entertainment (OTC: ENTEF) Partner Metapro Launches $MPRO Cryptocurrency, Further Cementing ESE’s Position At The Cross-section Of Gaming And Cryptocurrency

Benzinga

By Meg Flippin, Benzinga ESE Entertainment Inc. (OTC: ENTEF), a leading global technology company that operates primarily in the gaming and esports industry providing crucial technology solutions to video game developers, publishers and brands, announced its partner Metapro launched a token sale Wednesday, April 17 – rolling out the $MPRO token at a starting price of $0.04. Metapro is a blockchain company that ESE partnered with in the spring of 2022, enabling the entertainment company to expand its technology services to blockchain and cryptocurrency companies. As part of the collaboration, ESE provides technology and marketing services to Metapro, helping the crypto company grow its ecosystem and build awareness among the video game and blockchain developer communities. The goal is to unite the gaming and cryptocurrency communities. “We have been actively working towards partnering with strategic companies that can drive growth. The opportunity in the metaverse and Web3 directly crosses into gaming, and we believe that ESE is uniquely positioned to provide technology and services to the metaverse,” Konrad Wasiela, CEO of ESE, said at the time. “We are excited to work with and scale new opportunities with Metapro.” Metapro’s Token Is Versatile Metapro operates an all-in-one cryptocurrency wallet aimed at gamers, developers and creators who want to manage their digital tokens across different blockchains. With the noncustodial wallet, customers can store and transact with several cryptocurrencies including Bitcoin, Ethereum and Solana – and now they can add $MPRO to their list. Metapro’s $MPRO token is designed to be versatile in the ecosystems, serving several roles including governance, transactions, rewards and acting as the currency for purchasing NODEs within the ecosystem. Eventually, the company anticipates that $MPRO will become an omnichannel token to increase accessibility and integrate with other blockchains. This will be made possible by the implementation of LayerZero. This development will enable $MPRO’s availability across multiple blockchain networks, enhancing its accessibility and utility. Digital token holders will have a say in ecosystem decisions, and the token will serve as a primary payment method for transactions within the Metapro ecosystem. Users can also earn rewards through NODE participation in which providers contribute computing resources to Metapro Protocol’s distributed database, earning $MPRO and collectively fostering the network’s growth and diversity. The coins also fund the ongoing development and expansion of the Metapro ecosystem. "2023 was a landmark year, and our work with ESE was pivotal in reaching these milestones,” Michał Bartczak, CEO of Metapro said earlier this year when announcing it is further expanding its partnership with ESE. “As we step into 2024, the cryptocurrency market has been growing fast and our focus is on developing and deploying new technologies. ESE has become a strategic partner with Metapro and we are excited to work together to enter new markets and execute on existing contracts and business globally.” Celebrating The Launch To kick off the launch of $MPRO, Metapro is running three community reward campaigns with more than $340,000 in prizes. They include a Daily Telegram raffle in which participants have a chance to win one of ten daily prizes of 1,000 $MPRO totaling 130,000 $MPRO, the $MPRO TGE Celebration contest with a prize pool of more than $315,000 and the Zealy Campaign, which features a prize pool of 375,000 $MPRO. The launch of the new digital token comes as interest in cryptocurrency is heating up again thanks to the launch of 11 spot Bitcoin ETFs the U.S. Securities and Exchange Commission approved in January. Many investors are betting the SEC will approve other digital token ETFs beyond Bitcoin. The uptick in interest in crypto should be welcome news to investors, many of whom saw their holdings plunge in value in 2022 amid the collapse of crypto exchanges including FTX. ESE is on the cutting edge in providing technology, support and services to its partners including Metapro. The launch of this token further cements the entertainment company’s position in the cryptocurrency space and puts it on the path to more potential growth. Featured photo by Shubham Dhage on Unsplash 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

April 18, 2024 09:15 AM Eastern Daylight Time

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QuantaSing (NASDAQ: QSG) Sets Its Sights On Global Expansion, Leverages Kelly’s Education Buy To Build Awareness In Hong Kong, U.S. And Beyond

QuantaSing

By Meg Flippin, Benzinga QuantaSing Group Ltd. (NASDAQ: QSG), one of the largest providers of online education for adults in China focusing on both the learning and personal interest markets, is in growth mode, gearing up to expand internationally and into new markets. The company has a strong reputation in China thanks to its use of upcoming and cutting-edge technology, including livestreaming and artificial intelligence, to provide seniors with easy-to-understand, affordable and accessible online courses. It’s capitalizing on the aging population in China, which is growing at such rates the World Bank designated it a “ super-aged society. ” Revenue and subscribers for the company were up double-digits in the most recent quarter, and QuantaSing wants to replicate that success in the U.S. It's a big market to go after – as of 2022, there were 58 million Americans aged 65 and older. By 2050, that’s projected to grow to 82 million, a 47% increase. Expanding Its Global Footprint Into New Markets To that end, QuantaSing has been busy in the States, spending two weeks traversing the country from New York to San Diego, meeting with investors and key stakeholders to tell its story, plot its expansion and set the groundwork to forge new partnerships. The meetings have proven fruitful with QuantaSing reporting it will announce further developments in the coming weeks and months. As part of its vision for the future, QuantaSing is not just targeting seniors with its global expansion plans. It’s also banking on Kelly’s Education ’s success. QuantaSing bought the Hong Kong-based online language education platform last fall, giving it a presence in the global online education market and the language learning sector. Kelly’s Education targets kids ages 3 to 15, a new demographic for QuantaSing. As part of the deal, QuantaSing launched Hong Kong Online Education (HKOE), which offers high-quality online English education for children with a sharp focus on delivering value. HKOE adheres firmly to the belief that top-tier education should be within reach for a broader audience of children, not just a privileged few. By implementing a reasonable pricing strategy, the company says it can reach a wider age group, broaden its course offerings and diversify its revenue. “We are excited to integrate Kelly’s Education and the new brand HKOE into our ecosystem. Their strong business model and seasoned team lays a solid foundation for our global market entry,” Peng Li, Chairman and Chief Executive Officer of QuantaSing, said at the time. “We plan to broaden our course offerings, including Chinese language learning, and diversify our revenue streams by appealing to a wider age group.” Networking And Building Relationships Stateside To build awareness in the U.S., Kelly’s Education CEO Ken Chau joined QuantaSing at the ASU + GSV Summit in San Diego, an annual conference bringing together the great minds from the pre-K to the gray education market and also contributing to the conversation around online learning, adult education and AI. Chau was part of a panel discussion, sharing his thoughts and insights on creating “Responsible AI for Kids.” Kelly’s Education uses AI to break down barriers, reduce stigma, develop confidence and enable children and young adults to live richer, more meaningful lives. The conference provided another opportunity for QuantaSing and Kelly’s Education executives to make contacts with industry players and investors. The company had a lot to share with the panel attendees. For starters Kelly’s Education recently inked two collaboration deals with Disney World of English and National Geographic Learning, aiming to provide children with a higher quality teaching environment and learning materials, further enhancing their learning outcomes and striving to build Kelly’s Education as the No.1 children’s English learning platform in Hong Kong. What’s more, the unit is gearing up to announce its first physical school in May. The school will combine online and traditional learning methods, serving as an interactive, innovative learning center offering various educational resources and high-quality teaching services, QuantaSing reports. The idea is to give students a more in-depth and engaging way to learn via interactive courses and guidance from teachers. Coinciding with the launch of the school is QuantaSing’s move to open its first office in Hong Kong in early-summer. It marks the company’s first presence outside of Mainland China and commences the company’s new chapter of growing internationally. From buying Kelly’s Education to networking in the U.S., QuantaSing is getting serious about expanding its business beyond China’s borders. Its soon-to-be-opened office in Hong Kong is expected to be a springboard for more to come. With the world getting older and students craving a new way of learning, QuantaSing is positioning itself to capitalize on that growth in its home country and beyond. Featured photo by Arthur Lambillotte on Unsplash. QuantaSing is a leading online service provider in China dedicated to improving people’s quality of life and well-being by providing lifelong personal learning and development opportunities. The Company is the largest service provider in China’s online adult learning market and China’s adult personal interest learning market in terms of revenue, according to a report by Frost & Sullivan based on data from 2022. By leveraging its proprietary tools and technology, QuantaSing offers easy-to-understand, affordable, and accessible online courses to adult learners, empowering users to pursue personal development. Leveraging its extensive experience in individual online learning services and its robust technology infrastructure, the Company has expanded its services to corporate clients, and diversified its operations into its e-commerce business and its AI and technology business. This post contains sponsored content. This content is for informational purposes only and is not intended to be investing advice. Contact Details Leah Guo ir@quantasing.com Company Website https://ir.quantasing.com/

April 18, 2024 09:00 AM Eastern Daylight Time

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