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Birmingham Airport Chaos Highlights Dire Need for Improved Security

MarketJar

Birmingham Airport faced chaos last week as travelers encountered significant delays and some missed flights due to a 'technical issue' at security during peak departure times. 1 Reports of distress emerged, with one individual collapsing amid the turmoil, leading to descriptions of the situation as a "disaster" and an "absolute shambles." The airport acknowledged that the security problem worsened the already busy schedule, severely impacting operations. Travelers took to social media to express frustration and disappointment. One person described queuing for two hours, only to miss their flight as Ryanair departed on time with a half-empty plane. Roger Burton, a local from Redditch, missed his flight despite arriving three hours early, highlighting the challenges faced by elderly passengers. Another passenger noted the sluggish queues, waiting for 80 others trapped in the winding lines. One traveler criticized the airport's handling as "absolute shocking incompetence." Criticism persisted as passengers observed the stark contrast between the crowded security area and the empty post-security zone, pointing out the airport's inability to efficiently handle passenger volume. The spokesperson for Birmingham Airport expressed regret over the inconvenience caused by the technical issue, apologizing for the subpar service. Ongoing construction and the transition to a new security area, contributed to passenger challenges. The chaos at Birmingham Airport closely follows a shocking report from the US Transportation Security Administration. The report reveals at least 300 instances of people bypassing parts of airport security since March 2023, 2 prompting the administration to continue its efforts to bolster security, which includes a $3.8 million contract with AI security company Liberty Defense Holdings (TSXV:SCAN) (OTCQB:LDDFF) for its advanced security solutions that can detect concealed weapons in high-traffic areas like airports, stadiums, and schools. Liberty Defense offers multi-technology security solutions for concealed weapons detection in high-volume foot traffic areas and locations requiring enhanced security, such as airports, stadiums, and schools. The company’s HEXWAVE product, licensed from Massachusetts Institute of Technology (MIT), provides discrete, modular, and scalable protection with layered, stand-off detection capability for metallic and non-metallic weapons. Liberty has successfully deployed HEXWAVE across various market verticals, including aviation, courthouses, national labs, prisons, and government facilities. Liberty Defense Expands HEXWAVE Deployment to a Major Airport in Canada In April 2024, Liberty Defense ’s HEXWAVE™ product received formal equipment authorization approval from Innovation, Science, and Economic Development Canada (ISED). This milestone signifies a significant achievement for Liberty 's ultra-wideband technology. With this certification, the company can deploy HEXWAVE for commercial and government applications across Canada. On May 6, Liberty Defense Holdings Ltd. (TSXV:SCAN)(OTCQB:LDDFF) announced the shipment of multiple commercial HEXWAVE units to a major airport in Canada. HEXWAVE surpasses legacy security systems by detecting a wide array of materials, including metal and non-metal threats, liquids, powders, plastic explosives, and 3D-printed ghost guns. Bill Frain, CEO of Liberty Defense, explained the technology behind HEXWAVE, which uses millimeter wave, advanced 3D imaging, and AI for comprehensive screening. Frain highlighted HEXWAVE's efficiency in processing high volumes of passengers without requiring them to remove everyday items like wallets. The system's mobility enables the airport to swiftly deploy and relocate HEXWAVE units as needed, both indoors and outdoors. Liberty Defense is also expanding its international base, recently shipping commercial units of its HEXWAVE™ system to Amsterdam in the Netherlands and Subic Bay Airport in the Philippines. Click here for more information about Liberty Defense (TSXV:SCAN) (OTCQB:LDDFF). [1] https://www.coventrytelegraph.net/news/local-news/birmingham-airport-chaos-passengers-miss-29085692 [2] https://www.washingtonpost.com/travel/2024/04/04/airport-security-tsa-stowaway/ Disclaimer 1) The author of the Article, or members of the author’s immediate household or family, do not own any securities of the companies set forth in this Article. The author determined which companies would be included in this article based on research and understanding of the sector. 2) The Article was issued on behalf of and sponsored by, Liberty Defense Holdings Ltd. Market Jar Media Inc. was paid $1,500 for the production and publishing of this article by Liberty Defense Holdings Ltd.’s Digital Marketing Agency of Record (Native Ads Inc.). Additional details relating to Market Jar Media Inc.’s engagement by Liberty Defense Holdings Ltd.’s Digital Marketing Agency of Record (Native Ads Inc.) are set out in https://pressreach.com/disclaimer-scan. 3) Statements and opinions expressed are the opinions of the author and not Market Jar Media Inc., its directors or officers. The author is wholly responsible for the validity of the statements. The author was not paid by Market Jar Media Inc. for this Article. Market Jar Media Inc. was not paid by the author to publish or syndicate this Article. Market Jar has not independently verified or otherwise investigated all such information. None of Market Jar or any of their respective affiliates, guarantee the accuracy or completeness of any such information. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security. Market Jar Media Inc. requires contributing authors to disclose any shareholdings in, or economic relationships with, companies that they write about. Market Jar Media Inc. relies upon the authors to accurately provide this information and Market Jar Media Inc. has no means of verifying its accuracy. 4) The Article does not constitute investment advice. All investments carry risk and each reader is encouraged to consult with his or her individual financial professional. Any action a reader takes as a result of the information presented here is his or her own responsibility. By opening this page, each reader accepts and agrees to Market Jar Media Inc.’s terms of use and full legal disclaimer as set forth here. This Article is not a solicitation for investment. Market Jar Media Inc. does not render general or specific investment advice and the information on pressreach.com should not be considered a recommendation to buy or sell any security. Market Jar Media Inc. does not endorse or recommend the business, products, services or securities of any company mentioned on pressreach.com. 5) Market Jar Media Inc. and its respective directors, officers and employees hold no shares for any company mentioned in the Article. 6) This document contains forward-looking information and forward-looking statements, within the meaning of applicable Canadian securities legislation, (collectively, “forward-looking statements”), which reflect management’s expectations regarding Liberty Defense Holdings Ltd.’s future growth, future business plans and opportunities, expected activities, and other statements about future events, results or performance. Wherever possible, words such as “predicts”, “projects”, “targets”, “plans”, “expects”, “does not expect”, “budget”, “scheduled”, “estimates”, “forecasts”, “anticipate” or “does not anticipate”, “believe”, “intend” and similar expressions or statements that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved, or the negative or grammatical variation thereof or other variations thereof, or comparable terminology have been used to identify forward-looking statements. These forward-looking statements include, among other things, statements relating to: (a) revenue generating potential with respect to Liberty Defense Holdings Ltd.’s industry; (b) market opportunity; (c) Liberty Defense Holdings Ltd.’s business plans and strategies; (d) services that Liberty Defense Holdings Ltd. intends to offer; (e) Liberty Defense Holdings Ltd.’s milestone projections and targets; (f) Liberty Defense Holdings Ltd.’s expectations regarding receipt of approval for regulatory applications; (g) Liberty Defense Holdings Ltd.’s intentions to expand into other jurisdictions including the timeline expectations relating to those expansion plans; and (h) Liberty Defense Holdings Ltd.’s expectations with regarding its ability to deliver shareholder value. Forward-looking statements are not a guarantee of future performance and are based upon a number of estimates and assumptions of management in light of management’s experience and perception of trends, current conditions and expected developments, as well as other factors that management believes to be relevant and reasonable in the circumstances, as of the date of this document including, without limitation, assumptions about: (a) the ability to raise any necessary additional capital on reasonable terms to execute Liberty Defense Holdings Ltd.’s business plan; (b) that general business and economic conditions will not change in a material adverse manner; (c) Liberty Defense Holdings Ltd.’s ability to procure equipment and operating supplies in sufficient quantities and on a timely basis; (d) Liberty Defense Holdings Ltd.’s ability to enter into contractual arrangements with additional parties; (e) the accuracy of budgeted costs and expenditures; (f) Liberty Defense Holdings Ltd.’s ability to attract and retain skilled personnel; (g) political and regulatory stability; (h) the receipt of governmental, regulatory and third-party approvals, licenses and permits on favorable terms; (i) changes in applicable legislation; (j) stability in financial and capital markets; and (k) expectations regarding the level of disruption to as a result of CV-19. Such forward-looking information involves a variety of known and unknown risks, uncertainties and other factors which may cause the actual plans, intentions, activities, results, performance or achievements of Liberty Defense Holdings Ltd. to be materially different from any future plans, intentions, activities, results, performance or achievements expressed or implied by such forward-looking statements. Such risks include, without limitation: (a) Liberty Defense Holdings Ltd.’s operations could be adversely affected by possible future government legislation, policies and controls or by changes in applicable laws and regulations; (b) public health crises such as CV-19 may adversely impact Liberty Defense Holdings Ltd.’s business; (c) the volatility of global capital markets; (d) political instability and changes to the regulations governing Liberty Defense Holdings Ltd.’s business operations (e) Liberty Defense Holdings Ltd. may be unable to implement its growth strategy; and (f) increased competition. Except as required by law, Liberty Defense Holdings Ltd. undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future event or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events. Neither does Liberty Defense Holdings Ltd. nor any of its representatives make any representation or warranty, express or implied, as to the accuracy, sufficiency or completeness of the information in this document. Neither Liberty Defense Holdings Ltd. nor any of its representatives shall have any liability whatsoever, under contract, tort, trust or otherwise, to you or any person resulting from the use of the information in this document by you or any of your representatives or for omissions from the information in this document. 7) Any graphs, tables or other information demonstrating the historical performance or current or historical attributes of Liberty Defense Holdings Ltd. or any other entity contained in this document are intended only to illustrate historical performance or current or historical attributes of Liberty Defense Holdings Ltd. or such entities and are not necessarily indicative of future performance of Liberty Defense Holdings Ltd. or such entities. 8) Investing is risky. The information provided in this article should not be considered as a substitute for professional financial consultation. Users should be aware that investing in any form carries inherent risks, and as such, there is a possibility of losing some or all of their investment. The value of investments can fluctuate significantly within a short period, and investors must understand that past performance is not indicative of future results. Additionally, users should exercise caution as transactions involving investments may be irreversible, even in cases of fraud or accidental actions. It is crucial to acknowledge that rapidly evolving laws and technical issues can have adverse effects on the usability, transferability, exchangeability, and value of investments. Furthermore, users must be cognizant of potential security risks associated with their investment activities. Individuals are strongly encouraged to conduct thorough research, seek professional advice, and carefully evaluate their risk tolerance before engaging in any investment endeavors. Market Jar Media Inc. is neither an investment adviser nor a broker-dealer. The information presented on the website is provided for informative purposes only and is not to be treated as a recommendation to make any specific investment. No such information on PressReach.com constitutes advice or a recommendation. Contact Details James Young +1 800-340-9767 campaigns@pressreach.com Company Website https://pressreach.com

May 06, 2024 09:00 AM Eastern Daylight Time

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Enkrypt AI Unveils LLM Safety Leaderboard to Enable Enterprises to Adopt Generative AI Safely and Responsibly

Enkrypt AI

The rapid adoption of Generative AI, including in regulated settings, has continued to make the security and safety of Large Language Models (LLMs) a key concern amongst cybersecurity professionals. Policy-makers and security professionals around the world continue to seek new technology to help mitigate the risks of Generative AI technologies. For example; just days ago, the US Government’s Department of Homeland Security appointed a board to advise on the role of artificial intelligence on critical infrastructure. Sahil Agarwal, CEO of Enkrypt AI commented: “LLMs are increasingly seen as potential back-office powerhouses for enterprises, processing data and enabling faster front-office decision-making. Consider a fintech where an LLM-powered application is key in rejecting a loan application from a person of color without clear explanation. This raises concerns about implicit biases, as LLMs often reflect societal inequities present in their training data sourced from the internet. Moreover, cases like Google's LLM appearing 'woke' highlight the risks of overcorrecting these biases. How safe is Anthropic’s Claude3 Model? Is Cohere’s Command R+ LLM really ready for enterprise use? These scenarios underscore the urgent need for careful checks on these models to prevent exacerbating societal inequities and causing harm.” At the highly anticipated RSA conference, Enkrypt AI, the leader in securing Generative AI technologies, will introduce its latest innovation, the LLM Safety Leaderboard. This product is part of Enkrypt AI's comprehensive Sentry suite, designed to empower enterprises to deploy LLMs with heightened security and peace of mind. The LLM Safety Leaderboard will provide essential insights into the vulnerabilities and hallucination risks of various LLMs, enabling technology teams to make informed decisions about which models best suit their specific needs. This tool aims to educate and raise awareness about the relative strengths and potential weaknesses of different LLMs, so AI engineers can make informed decisions about the unique strengths of each. Highlights of the LLM Safety Leaderboard include: Comprehensive Vulnerability Insights which delivers detailed evaluations of potential security risks, including data leakage, privacy breaches, and susceptibility to cyber-attacks. Ethical and Compliance Risk Assessment which tests for biases, toxicity, and compliance with ethical standards and regulatory requirements, ensuring models align with enterprise and brand values. The LLM Safety Leaderboard is a new component of Enkrypt’s Sentry suite, which includes Sentry Red Team, Sentry Guardrails, and Sentry Compliance. This suite offers a holistic approach to managing and securing LLMs, aligning with the strictest standards for privacy, security, and compliance within the enterprise environment. The announcement comes as a new preprint paper by Enkrypt AI, “ Increased LLM Vulnerabilities from Fine-tuning and Quantization ”, has found that common practices used to implement LLMs in business settings, namely fine-tuning and quantization, lead to increased risk of security vulnerabilities namely from jailbreaking. However, implementing external guardrails platforms like Enkrypt’s Sentry Guardrails solution was successful in mitigating such vulnerabilities. On one model, Enkrypt’s Sentry Guardrails provided a 9x reduction in vulnerability to jailbreaking attacks. Sahil Agarwal, CEO of Enkrypt AI said: “With the launch of the LLM Safety Leaderboard, we are enhancing our commitment to enabling the safe, secure, and responsible use of generative AI in the enterprise. This tool will serve as a critical resource for organizations aiming to navigate the complexities of AI implementation with full confidence in their security posture.” Prashanth Harshangi, CTO of Enkrypt AI, added: “In the last two quarters, our team has been solely focused on generative AI safety and making rapid progress with our Sentry Suite. Comprising three key components - Sentry Red Team, Sentry Guardrails, and Sentry Compliance. With the LLM Safety Leaderboard, we are proud to offer a product that not only identifies potential risks but also empowers businesses to proactively manage and mitigate these challenges, enabling informed and faster decision making.” About Enkrypt AI Enkrypt AI, co-founded by Yale PhDs Sahil Agarwal and Prashanth Harshangi, is pioneering the safe adoption of Generative AI within enterprises. With an innovative all-in-one platform, Enkrypt AI is revolutionizing how Large Language Models (LLMs) are integrated and managed, addressing critical needs for reliability, security, data privacy, and compliance in a unified solution. Used by mid to large-sized enterprises in industries including finance and life sciences, Enkrypt AI's Sentry offers a proactive approach to AI security, fostering trust and efficiency in AI implementations from chatbots to automated reporting. Enkrypt AI sits between users and AI models, to offer a variety of safety and security layers. Enkrypt AI stands apart by merging threat detection, privacy, and compliance into a comprehensive toolkit, poised to become the definitive Enterprise Generative AI platform for an evolving regulatory landscape. For more information please visit https://www.enkryptai.com/ or follow via LinkedIn, X, Instagram or YouTube. Contact Details Enkrypt AI Bilal Mahmood +44 7714 007257 b.mahmood@stockwoodstrategy.com Company Website https://www.enkryptai.com/

May 06, 2024 09:00 AM Eastern Daylight Time

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ToolsGroup Reimagines Supply Chain Decisions: Launching Decision Hub and Real-Time Decision-Centric Planning

ToolsGroup

ToolsGroup, a global leader in retail and supply chain planning and optimization software, today announced the global launch of Decision Hub, an innovative solution enabling decision-centric planning through zero-latency decision alignment. As a pioneer in solutions that enable supply chain executives to navigate uncertainty, ToolsGroup has long been on the cutting edge, enabling smarter, faster decisions that drive profit. With the release of Decision Hub, ToolsGroup now makes continuous, collaborative and asynchronous decisions in the face of supply chain volatility simple. Supply chain leaders face unprecedented and increasing supply chain disruptions. They need a faster and more effective way to decide how to respond to emerging threats and situations, unconstrained by the frustrating scheduling conflicts, endless email threads and ad hoc discussions missing critical voices that characterize today’s decision-making process. Decision Hub transforms traditional supply chain decisions by bringing together the right stakeholders at the right time, armed with the right information to make better decisions faster. With Decision Hub, teams can come together in a virtual situation room to collaborate in real-time to run multiple scenarios, evaluate potential impacts, and decide on the most profitable response. Cross-functional teams can react earlier to changes affecting the balancing of supply and demand, evaluate options to mitigate risks and exploit opportunities, and align on the best actions. By making decisions more efficiently, companies will be able to make plans to respond to changes in the supply chain far enough in advance to maximize the returns on working capital. "Today, data latency, poor collaboration and rigid decision-making processes all work against companies trying to make the right decisions in the face of uncertainty. Supply chain leaders must collaborate seamlessly and respond in real-time to critical events, adapting production and distribution plans to changes in demand and supply. Decision Hub reimagines this process, innovating decision collaboration for the speed of today’s supply chain," said Robert Kaufholz, Senior VP of Product Management at ToolsGroup. We are excited to welcome the initial beta users of this transformative technology. If you’re interested in learning more, come visit ToolsGroup today at the Gartner Supply Chain Symposium/Xpo™ 2024 conference in Booth #817 in the Planning Village or read more HERE. About ToolsGroup ToolsGroup’s innovative AI-powered solutions enable retailers, distributors and manufacturers to navigate through supply chain uncertainty. Our retail and supply chain planning suites empower a new level of intelligent decision-making and unlock powerful business improvements in forecast accuracy, service levels and inventory – delighting customers and achieving financial and sustainability KPIs.. Stay in touch with ToolsGroup on LinkedIn, Twitter, YouTube, or visit www.toolsgroup.com. Contact Details Meir Kahtan +1 917-864-0800 mkahtan@rcn.com Company Website https://www.toolsgroup.com

May 06, 2024 09:00 AM Eastern Daylight Time

Airship AI Awarded Contract With DOJ Agency, Marking Second Big Government Contract Win Since December IPO

Benzinga

By Meg Flippin, Benzinga Airship AI Holdings (NASDAQ: AISP), the Redmond, Washington, artificial intelligence company helping U.S. Homeland Security agencies monitor the nation’s border, announced that it won a large contract with an agency within the Department of Justice to support emerging public safety and investigative requirements. The DOJ will use Airship AI’s Acropolis Enterprise Video and Data Management Platform which is capable of gleaning actionable information in real-time from several sources including body cams, surveillance cameras, drones and CCTV, among others. Airship AI said it won the sole-source contract with the DOJ agency because it was the only company bidding on it capable of providing the necessary technology. Airship AI’ s Acropolis backend enterprise management system will enable the agency to manage devices and sensors across the entire digital ecosystem – directly to the cloud or through Airship AI’s Outpost AI Edge Appliance. Built on the NVIDIA (NASDAQ: NVDA) Jetson platform, Outpost AI provides advanced analytic processing at the edge, along with highly efficient video and metadata encoding and encryption over various RF and network backhauls back to the cloud. The management system, which can be deployed in specialized law enforcement agencies, has been engineered to meet law enforcement-specific needs including workflow for preserving evidence, advanced auditing capabilities, virtualized server instances and individualized cases for adaptive compartmentalization of sensitive data and video. Making Inroads The contract marks the first agency within the DOJ to deploy Acropolis within the Federal Risk and Authorization Management Program or FedRAMP, the U.S. federal government’s compliance program designed to create a standardized approach to security assessment, authorization and monitoring of cloud applications and services across all government agencies. Getting an in with the DOJ should position the company for future contracts, Airship AI said. “This award represents an expansion of a pilot program started with the agency in 2023, validating our ability to meet demanding agency operational and security requirements,” Paul Allen, President of Airship AI, said in a press release. “Equally as exciting is this project represents the second U.S. Government agency to deploy our Acropolis platform in a FedRAMP-certified cloud environment.” Airship AI’s President noted the company has a strong pipeline for 2024. When news of the award broke in early March, shares of Airship AI soared. Year-to-date the stock is up over 300% as of this writing. Big Addressable Market As it stands, surveillance can be extremely complex, with law enforcement agencies and others in surveillance tasked with managing disparate applications, equipment and permissions while at the same time managing various access levels across multiple departments. Airship AI’s platform pulls it all together – helping law enforcement, intelligence agencies and companies make informed decisions in real time. Its tailored software operating platform opens up customers' access to data from cameras and sensors for decisive and accurate responses using data that’s enhanced by AI. Airship AI customers can use their existing hardware – saving them time and money getting up and running. Airship AI is creating a niche in an area where organizations can get bogged down in the exacting and evolving technical difficulty of turning dynamic data into intelligence in real time. Managing, analyzing and gleaming actionable information from an array of sources can be difficult and time-consuming. The company said there is a big demand for its technology and pegs the addressable market at $7 billion for edge AI software and hardware. Airship AI said the market is projected to grow to over $40 billion by 2030. The company’s revenue growth seems to back up the demand estimate. For the full fiscal year 2023, Airship AI earned revenues of $12.3 million on gross profits of $5.8 million. The company entered 2024 with about $140 million in the pipeline comprised largely of U.S. government customers and new growth opportunities within commercial sectors. For all of 2024, Airship AI expects triple-digit revenue growth and positive cash flow. The Second Major Contract Win For Airship AI The deal with the DOJ agency marks the second big contract awarded to Airship AI since it went public in late December via a Special Purpose Acquisition Corp. or SPAC deal with BYTE Acquisition Corp. (NASDAQ: BYTS). As part of that win, Airship AI provided solutions based on its AI Outpost product to agencies within the U.S. Department of Homeland Security to support real-time intelligence collection along the U.S. borders. The $10.9 million contract was first inked in September. Airship AI’s Outpost solution is the company’s edge product, which consists of an edge appliance that provides local high-definition recording with user-defined low-bit rate video stream encoding and on-board edge analytic capabilities – providing the Department of Homeland Security with advanced object detection and recognition capabilities. Airship’s platform is already being used by federal, state and local law agencies as well as the private sector, including FedEx Corp. (NYSE: FDX) and Home Depot Inc. (NYSE: HD). Airship AI is making inroads into government agencies with its advanced monitoring and surveillance platforms. With two deals under its belt and a robust pipeline for 2024 and beyond, the company is optimistic it will further make its mark, helping federal, state and local governments step up enforcement and monitoring to make the world a safer place for everyone. Featured photo by Matthew Henry 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

May 06, 2024 08:30 AM Eastern Daylight Time

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News Release

AC MILAN AND WEB3 IGAMING LEADER TG.CASINO SIGN NEW PARTNERSHIP DEAL

Finance News

AC Milan and TG.Casino are delighted to announce a new partnership, which sees the online casino platform become the Official Regional iGaming Partner of the Rossoneri in Europe. This new collaboration between two frontrunners in their own fields offers a great opportunity to create something new and innovative. This partnership demonstrates the platform’s intent to take on and beat the iGaming competition to become the ultimate destination for all ambitious Gamefi players. The deal catapults TG.Casino into the top ranks of GameFi by bringing the brand into the living rooms and onto the mobiles of tens of millions of consumers all over Europe. Thanks to this new partnership, $TGC token holders will have the chance to win lots of experiences offered by the Rossoneri club. From visits to the Milanello training centre to winning official AC Milan jerseys and VIP access at the San Siro stadium, football fans will have the chance to enjoy unique and exclusive experiences. The new partnership provides AC Milan with a new fan engagement tool, creating bespoke experiences, which aim to give them more access, and bring them even closer to their beloved Club. TG.Casino on Web: https://shrt.care/e44200d4 TG.Casino on Telegram: https://t.me/tgcasinoofficialbot?start=intpr Contact Details Alex Brown alex@sportsnews.com

May 06, 2024 08:00 AM Eastern Daylight Time

News Release

Bitget Wallet Integrates Babylon Testnet to Simplify Bitcoin Staking

Bitget

Bitget Wallet, one of the largest Web3 wallets and full-stack DeFi platforms, has officially integrated support for the Babylon Testnet, a pioneering Bitcoin staking protocol. Following this development, users will be able to search for and connect to the Babylon Testet from the app and browser extension versions of Bitget Wallet, streamlining the Bitcoin staking process for users. This integration will allow for seamless management of tokens and asset transfers and secure interactions with decentralized applications (DApps). To connect to the Babylon Testnet, users need only to search for and add the network from their Bitget Wallet homepage. The Babylon Testnet represents the first initiative to implement trustless Bitcoin staking, introducing significant utility to Bitcoin beyond its conventional roles as a store of value and payment method. This testnet is integral to Babylon’s broader mission of securing Proof-of-Stake (PoS) systems using Bitcoin. Participants in the Babylon Testnet can opt to either become validators and finality providers, or engage in various other roles to help maintain and secure the network. The testnet is designed to test these functionalities in a real-world scenario but without risking actual Bitcoin, as it operates on the Bitcoin Signet, a test network that simulates actual Bitcoin transactions. This integration directly addresses common challenges cryptocurrency enthusiasts face, such as the complexity of managing different blockchain environments and the often inconvenient process of engaging with testnets. These complexities often necessitate the usage of multiple wallets and interfaces, each with their own setup and security protocols, as well as the prerequisite for users to understand network-specific configurations and token standards to interact with and manage assets across different blockchains effectively. Bitget Wallet’s integration eliminates these barriers by offering a seamless, one-click solution to access and manage testnet activities directly from the wallet interface. Additionally, this update allows for more efficient asset management and safer interaction with DApps, empowering users to transfer assets effortlessly and engage with the decentralized ecosystem with enhanced security. Such functionalities are crucial as they provide the stability and reliability needed for digital asset transactions and integrations. The integration of the Babylon Testnet is the latest in a series of strategic moves by Bitget Wallet to solidify its position as a leader in the Web3 space. Earlier this year, Bitget Wallet surpassed MetaMask in transaction volume with a record 1.4 million Swap transactions in late March 2024. The platform has since forged collaborations with over 70 Web3 projects, emphasizing a commitment to mutual growth and ecosystem enhancement. These partnerships are aimed at weaving a tighter network of services and support around the Bitget community, providing users with access to a wide range of Web3 functionalities directly from their crypto wallet. On top of this, Bitget Wallet has also announced the impending launch of its official platform token, BWB, to bolster its future roadmap and reward its users: “ We are introducing the BWB token, Bitget Wallet’s native ecosystem token, to attract new users and foster collaborations within our ecosystem,” says Alvin Kan, COO at Bitget Wallet. “ The latest integration of the Babylon Testnet is a testament to this commitment, as we believe that collaborations just like this will further amplify our reach and impact on the global stage.” This latest development with Babylon forms another step in Bitget Wallet’s goal towards providing users with convenient and robust access to the world of Web3. Where previously less accessible to users, Web3 services such as Bitcoin staking are now made easier through this collaboration, underscoring the wallet’s efforts in realizing the potential of Web3 for its users. About Bitget Wallet Bitget Wallet is Asia's largest and a leading global Web3 wallet with over 20 million users worldwide. It offers a comprehensive range of features, including asset management, intelligent market data, swap trading, launchpad, inscribing, and DApp browsing. Currently, it supports more than 100 major blockchains, hundreds of EVM-compatible chains, and over 250,000 cryptocurrencies. Bitget Wallet enhances liquidity by aggregating it across hundreds of top DEXs and cross-chain bridges, facilitating seamless trading on nearly 50 blockchains. For more information, users can visit: Website | Twitter | Telegram | Discord Contact Details Bitget Rachel Cheung media@bitget.com Company Website https://www.bitget.com/

May 06, 2024 06:52 AM Eastern Daylight Time

Warren Buffett Sued by Shareholder Who Was Arrested at 2023 Shareholders’ Meeting for Raising Bill Gates/Jeffrey Epstein Issue

NLPC

National Legal and Policy Center (NLPC) has filed a federal lawsuit in Omaha against Berkshire Hathaway and its Chairman, Warren Buffett. The lawsuit, seeking monetary damages, stems from actions taken by the company during last year's shareholders’ meeting where NLPC Chairman Peter Flaherty raised the issue of the reputational risk to the company posed by Buffett holding the posts of both Chairman and CEO. Flaherty cited Buffett’s strong public identification with Bill Gates, and Gates relationship with Jeffrey Epstein. Flaherty had his microphone cut, was ejected from the arena and was arrested. Charges against Flaherty were quickly dropped by the local prosecutor. Flaherty is scheduled again to speak tomorrow at the Berkshire shareholder’s meeting in support of NLPC's proposal that Berkshire disclose the risks of its investments in China. Click here for the Complaint. Founded in 1991, the National Legal and Policy Center promotes ethics in public life through research, investigation, education and legal action. Contact Details National Legal and Policy Center Dan Rene +1 202-329-8357 drene@nlpc.org Company Website http://www.nlpc.org

May 03, 2024 04:53 PM Eastern Daylight Time

Hornet Corporation Announces New Investment Opportunities With Innovation and Excellence in Oil & Gas Sector.

Hornet Corporation

Hornet Corporation, an organization deeply rooted in the dynamic world of oil and gas that fervently champions innovation, sustainability, and excellence at every turn of its operations, announces new opportunities in the industry for accredited investors. Ronald “Ron” C. Filer, a seasoned industry veteran and a proud resident of Hendersonville, Tennessee, brings over 20 years of invaluable experience in the energy sector to his role as the Chief Operating Officer at Hornet Corporation. A dedicated family man passionate about the oil industry, Filer is deeply resolute in guiding Hornet Corporation's strategic initiatives and investment ventures. Filer is well-known for his commitment to integrity and building strong partnerships as he fuels Hornet Corporation's efforts to remain a cornerstone of energy development in the Appalachian Basin. Investing in oil drilling projects entails inherent risks, such as dry holes. Filer and Hornet Corporation don't shy away from this as they acknowledge this reality, exclusively partnering with accredited investors who understand the industry complexities while recognizing the unique potential opportunity for significant revenue with substantial tax advantages associated with the oil and gas industry. Filer's mission is reflected in his approach to working with each accredited investor. He provides every qualified accredited investor with the knowledge and ethical insights needed to help make informed decisions while diversifying their portfolio in a way that works best for them. Through these exclusive live webinar events, Flier will provide streamlined information to accredited investors about Hornet's investment opportunities. Investing in oil and gas offers investors the potential for attractive revenue(s) driven by factors such as global demand and technological advancements in extraction methods. As economies continue to grow, the demand for petroleum products seems to increase significantly, including the use of oil directly and indirectly in producing alternative energy sources. This steady demand can translate into recurring revenue for sophisticated, accredited investors through partnering with companies like Hornet Corporation in its oil and gas drilling opportunities. Moreover, investing in oil and gas can offer significant tax advantages. One of the most prominent tax benefits is the ability to deduct intangible drilling costs (IDCs). These costs include expenses related to drilling, such as labor, fuel, and supplies. The IRS Tax Code allows investors to deduct a significant portion of these costs in the year they are incurred, providing immediate tax relief and potentially reducing taxable income. Filer points out that these breaks are frequently unknown to many investors, including the investor's tax professional. There are further tax breaks related to oil and gas investing, such as depletion allowance and other optional advantages. Direct investing in oil and gas drilling ventures can provide opportunities for tax-deferred income through partnerships or direct participation programs. "Through dedication and a thorough understanding of the oil and gas sector, we foster collaborative and informed engagements with our accredited investors. Our focus on integrity and strong partner relationships ensures that we develop long-lasting relationships with our investors," says Filer. As Hornet Corporation continues to forge ahead in its pursuit of exploring, drilling, developing, and finding big oil, investors have peace of mind knowing they are in capable hands. To learn more about these live webinar events and partnering with Hornet Corporation, please visit https://www.hornetcorp.com/. Hornet Corporation, a strategic leader in the private oil and gas industry, boasts decades of robust experience navigating the complexities of commodity-based markets with resilience and strategic insight. Its hands-on approach eliminates middlemen, enhancing seamless partnerships and fostering strong, transparent relationships. Hornet Corporation, also known as the "Boom Maker," is undoubtedly dedicated to advancing the industry and enriching the communities we serve. Contact Details R Public Relations Madison Baber +1 210-213-2426 madison@rprfirm.com Company Website https://www.hornetcorp.com/

May 03, 2024 03:30 PM Eastern Daylight Time

$BOBE Introduces New Crypto Facilities for Elite World of Memes and Wealth

BOBE

$BOBE is an emerging crypto platform. In the recent development, the company has launched a new sensation in the world of digital currency, designed to transform the meme culture and catapult its users into an avenue of opulence and exclusivity. Positioned as more than just a token, $BOBE represents a golden ticket to an elite club where only the wealthiest—in spirit and ambition—dare to mingle. With its focus to enhance status and indulge in a world where memes reflect a lifestyle of luxury, $BOBE beckons future billionaires to join the ranks of the elite and leave behind the mundane for the extraordinary. At the heart of $BOBE's allure lies its ability to transform the meme game into a playground for the affluent, $BOBE aspires to become a symbol of wealth and humor intertwined. It is offering its users a successful path where they can eliminate the mediocrity. As $BOBE gains traction, it signals a shift in meme culture, ushering in an era where indulgence and wealth converge in a space reserved for the privileged few. $BOBE provides following services for its financially ambitious clients: Develop Memes: Only the wealthiest-looking memes make the cut. It helps to create the meme that oozes opulence with immortalized on the blockchain. No Brokies Allowed Tokenomics. Total Supply: A pristine 100 million $BOBE, because exclusivity is its mantra. Liquidity Pools: People can dive into the deep end where the big fish swim, with 100% of the supply up for grabs. Mint and Freeze: The Company set it and forget it. The wealth is in the memes. Gallery of Fortunes: Explore a curated collection of the most extravagant memes. Each piece could be the ticket to success. $BOBE offers a fresh opportunity to immerse oneself in a world where only the most affluent memes thrive. This isn't just about digital currency; it's about securing a coveted spot among the meme elite. As $BOBE continues to carve its path in the meme culture landscape, now is the time to act and secure one's place in this exclusive community of wealth and hilarity. Top of Form Potential crypto enthusiasts can visit following links for more information about the updates Telegram: https://t.me/BOBECOINCOMMUNITY Twitter: https://twitter.com/bookofbilliesol Website: https://bobecoin.com/ Contact Details Syera Syailendra BOBE admin@bobecoin.com Company Website https://bobecoin.com/

May 03, 2024 03:24 PM Eastern Daylight Time

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$BOBE Introduces New Crypto Facilities for Elite World of Memes and Wealth