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Announcement on Gate Web3 Startup Project BurnedFi(BURN) and Rules of Participation in Win and Share 8,000 BURN for Free

500NewsWire

New York, February 4, 2024 - ( 500NewsWire ) -- To provide feedback on users’ support for the platform, Gate.io officially launched the “Gate Web3 Startup” on July 3, 2023, and occasionally conducts airdrop plans for blockchain projects. Gate Web3 Wallet users can receive tokens or NFT airdrop benefits by participating in the Web3 Startup. This project will obtain quota allocation airdrop rewards through lottery, and users connecting to Gate Web3 Wallet can participate in the lottery for free to divide 8,000 BURN. This time, you only need to make sure your EVM-chain assets is more than 10 USD equivalent amount. The chance for winning the airdrop rewards is not 100% in the activity. The higher the current wallet assets, the greater the probability of obtaining an airdrop! I. How to Participate? Web: Go to the Gate Web3 Startup interface Connect the wallet (if you do not already have the Gate Web3 Wallet, you can download and install the Chrome Extension first and then create the Gate Web3 Wallet) Click on the Web3 homepage navigation bar ‘Launch’ - ‘Startup Airdrop’ Select the project icon in the “In Progress” section, click to jump to the details page, and click to participate in subscription. APP: Download/update the Gate.io App (version 5.5.0 and above) Go to the App homepage and switch to Web3 wallet Create or import the Gate Web3 Wallet Click on the Web3 homepage ‘Startup’ Select the project icon in the “In Progress” section, click to jump to the details page, and participate (Reminder: After transferring to the wallet, it takes approximately 5-10 minutes for on-chain asset confirmation) II. What is the Current Project of Gate Web3 Startup? The current Gate Web3 Startup will be launched for Project BurnedFi(BURN) subscription, which is free and will not deduct user participation funds after completion Introduction to the Selection Area of the Startup Project First and unique token economics in the crypto industry. The token started from fair mint. The token was programmed to launch automatically and immediately after 150,000 mints. It took less than 2 days to fully mint the 150,000 mints. The token was launched on 17th December 2023. Project details at: https://www.gate.io/web3/startup/1123 Basic information of BurnedFi(BURN) project: (According to the official information disclosure of BurnedFi, please refer to the official website of BurnedFi for details) (1) Full English name: BurnedFi (2) Full Chinese name: N/A (3) Token symbol: BURN (4) Token Contract: 0x19c018e13CFf682e729CC7b5Fb68c8A641bf98A4 (5) Token Type: BSC (6) Website: https://burnedfi.com/#/home III. BurnedFi(BURN) Subscription Rules: (1) Subscription start time: From 06:00 on 17/1/2024 to 06:00 on 19/1/2024 (UTC) (valid orders within 24 hours are treated equally) (2) Subscription price: 0 USDT (3) Total subscription amount: 8,000 BURN (4) Unlock method: 100% unlock (5) Participation conditions for this time: Gate Web3 Wallet EVM chain assets need to be no less than $10 to participate in subscription (6) Purchase limit: Users can only claim once, and the higher the amount of EVM chain funds in the Gate Web3 Wallet, the greater the probability of obtaining an airdrop. IV. Gate.io Labs Investment Publicity Gate.io Labs did not participate in BurnedFi(BURN) investment. V. Web3 Startup Related Instructions (if there are any changes, the subsequent announcement shall prevail) (1) Participation conditions: Gate Web3 Wallet EVM chain asset balance ≥ 10 USD equivalent assets can participate in subscription, users can only claim once; The higher the balance of wallet assets, the higher the subscription limit. (EVM chain includes: GateChain, Ethereum, BNB Chain, Arbitrum, Polygon, Optimism, Avalanche, etc.) (2) Adequate amount: Before completing the distribution, users must ensure a sufficient amount of no less than $10 in the Gate Web3 Wallet; Insufficient amounts will automatically be excluded from valid orders. (3) Result announcement: After the end of the day’s subscription, the system will count all eligible subscription orders and extract quota based on probability. The higher the wallet funds, the higher the probability of being drawn. The airdrop token/NFT will be directly distributed to the user’s participating wallet address, and winning users can view the received airdrop rewards in the Gate Web3 Wallet or trading history. (4) Reward distribution: Rewards will be distributed and announced 48 hours after the end of the project. The whitelist or some NFT projects may have issues with extended distribution times. Thanks a lot for your understanding for any inconveniences caused. VI. Other Precautions (1) Risk reminder: ·The Startup project is a blockchain start-up project that is still in its early stages, and there may be significant risks in the project’s operation, underlying technology, legal and regulatory environment, etc. ·Understanding blockchain startups and evaluating their inherent risks requires advanced technical and financial knowledge. ·Due to the influence of technology, laws and regulations, market, and other factors, the prices of the projects you participate in may fluctuate sharply, and the prices may significantly decrease or increase. ·Due to the underlying technology of the project or the Gate.io trading platform, the project you are participating in may not be able to fully or partially withdraw cash. ·Virtual coin or NFT projects have high risks. Virtual coin or NFT prices have high volatility. The project teams have not set up a deposit and do not provide any price commitment or breach guarantee. Please be sure to participate in situations where you fully understand the risks and are able to bear them. The platform strongly reminds you of the risks, but cannot assume any responsibility for investment behavior such as guarantee and compensation. Gateway to Crypto Trade over 1,700 cryptocurrencies safely, quickly, and easily on Gate.io Download Gate.io App / Web Client now>>> Follow us on Gate.io X (Twitter) to get more bonuses>>> Join our Telegram to discuss hot topics>>> Join our Global Community to get more updates>>> We provide 100% proof of reserve >>> Sign up to enjoy max. $6666 in rewards exclusively for new users Get 40% commission from referrals Contact Details Gate.io Team vera0919@gate.io

February 04, 2024 01:12 PM Eastern Standard Time

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EMG & Santa Cruz, Bolivia The 1st marathon starts running

500NewsWire

New York, USA, Feb. 4, 2024 – ( 500NewsWire ) -- EMG has more than 12 million global registrations and has won the trust of tens of millions of users. EMG welcomes you to participate in the 1st marathon. A ppreciation, and a special shout out to the LaGuardia Municipal Government, Board of Governors, Department of Education and Athletic Department for their generous support. EMG Entertainment Media Co., Ltd is a company with a strong sense of social responsibility and love. Their goal is to be based in the film and television media industry and use it to drive the world and bring happiness and high-quality life to people around the world. On the track, what matters is not just speed, but also courage and perseverance. Seriousness! In life, there is not only hustle and bustle, but also happiness and beauty. Work is not only about work, but also about future and achievements. Join EMG. Make your future and your achievements within reach! Life lies in movement, and this event covers all areas of Bolivia. Anyone interested can participate and get results, with outstanding talents receiving their rewards. EMG runs towards victory in life and reaps achievements and glory! Official website: https://emgld.com/ Telegram Channel https://t.me/emgglobalfilm Registration Whatsapp Group https://chat.whatsapp.com/GIclKtGIJBi1UmLFTgcIxa Registration On-Line https://forms.gle/Gy9n3hujJqzuQpaM6 Contact Details Colin Nicholas emgglobalfilm1@gmail.com

February 04, 2024 12:00 PM Eastern Standard Time

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Fideum: Bridging Traditional Finance and Web3. Partnership with Mastercard Announced.

PlatoData

Introducing Fideum In the rapidly evolving landscape of financial technology, Fideum emerges as a pioneering force, dedicated to bridging the gap between traditional finance and blockchain technology. Through its strategic partnership with Mastercard, Fideum underscores its mission to revolutionize digital finance, making it more accessible, secure, and efficient for users worldwide. The introduction of the Fideum token stands at the forefront of this transformation, embodying the essence of digital finance innovation. Strategic Partnership with Mastercard The collaboration between Fideum and Mastercard marks a significant milestone in the financial industry, setting a new standard for the integration of traditional and digital finance. This partnership leverages Mastercard's global reach and Fideum's blockchain expertise to enhance the financial infrastructure, offering unparalleled services to both retail and institutional clients. The alliance not only amplifies Fideum's offerings but also reinforces its position as a leader in the digital finance space, promising a future where financial transactions are more inclusive, efficient, and secure. As the overall winner of the Mastercard Lighthouse Finitiv, the company is set to expand its presence across the Mastercard Ecosystem. Fideum Token: Powering the Platform At the heart of Fideum's ecosystem lies the Fideum token, a digital asset designed to power and facilitate the platform's diverse services. The token's integration into Fideum's infrastructure enables users to engage in a variety of transactions and services seamlessly, from payments to investments. It not only serves as a utility token but also plays a critical role in ensuring the liquidity and stability of digital asset exchanges within the platform. The Fideum token is a testament to the company's commitment to providing a comprehensive and user-friendly digital asset experience. Fideum Available for Download App Store: https://apps.apple.com/us/app/blockbank-v2/id1592298073 Google Play: https://play.google.com/store/apps/details?id=ai.blockbank.bbexpoapp&hl=en_AU&gl=US Comprehensive Digital Finance Solutions Fideum's suite of digital finance solutions encompasses B2C, B2B, and B2B2C offerings, tailored to meet the complex needs of today's financial ecosystem. From microservice architecture that enhances operational efficiency to customized institutional solutions and innovative user engagement tools, Fideum is equipped to cater to a wide array of financial requirements. These solutions underscore Fideum's versatility and its ability to adapt to the diverse needs of its clientele, setting a new benchmark for excellence in digital finance services. Decentralized Finance (DeFi) Realized Experience financial freedom with our revolutionary decentralized, anonymous, and non-custodial multi-currency wallet. Securely store and manage your digital assets across various chains such as ETH, BSC, Avalanche, and Polygon. Take control of your financial future with the cutting-edge technology of our wallet. Achievements and Market Impact Fideum's journey is marked by significant achievements, including acquiring global licenses, forging strategic partnerships, and witnessing exponential user base growth. The company's success in the Mastercard Lighthouse program underscores its influential position in the market and its potential to shape the future of finance. These accomplishments are a testament to Fideum's excellence, resilience, and impact on the digital finance arena that covers a full range of compliance features built into the application. Vision for the Future and Commitment to Innovation Fideum is committed to transforming the global financial landscape through the continued integration of blockchain and digital assets. Plans to enhance the app experience, launch Fideum.com for institutional services, and expand the token ecosystem highlight Fideum's forward-thinking approach and dedication to innovation. The vision is clear: to establish a financial environment where digital assets are as ubiquitous and easy to use as traditional currencies. Fideum stands at the vanguard of fintech innovation, driven by a dedication to security, compliance, and user empowerment. As the company continues to lead the charge in redefining financial services for the digital age, it invites stakeholders to join in its journey toward creating a more inclusive and efficient financial ecosystem. About Fideum Since its inception in 2018, Fideum has consistently spearheaded innovative financial management strategies, continually refining and enhancing its platform to meet the ever-evolving needs of its dynamic user base. The most recent iteration of the platform is a testament to this commitment, presenting new security protocols via our partnership with Fireblocks while expanding trading functionalities across an array of networks such as Ethereum, Binance, Tron, Cardano, and Avalanche. Fideum's user-centric design facilitates effortless access and administration of diverse asset types, establishing it as the preferred choice for progressive investors. Fideum's mission is to equip its users with the most current and revolutionary financial utilities and services. This is realized by intentional cultivation of collaborations with pioneering crypto projects. Through these strategic alliances, Fideum remains a step ahead in the burgeoning digital currency landscape, thereby offering its users access to leading-edge financial solutions. Alongside a user-friendly interface and a secure asset management platform, Fideum's emphasis on fostering robust partnerships is a fundamental aspect of our pledge to provide an unrivaled user experience. Fideum represents sophistication in simplicity. Its robust ecosystem, perfectly complemented by an intuitive interface, accommodates both seasoned and novice investors seeking to develop and control their financial assets. Fideum serves as the essential instrument for modern investors aiming to steer their financial assets effectively. Web: https://blockbank.ai/ Coinmarketcap: https://coinmarketcap.com/currencies/fideum/ Contract Address: 0x1294f4183763743c7c9519Bec51773fb3aCD78FD Discord: https://discord.gg/KHrtbaqxQv Telegram: https://t.me/BlockBankApp X: https://twitter.com/BlockBankApp Facebook: https://www.facebook.com/blockbank Linkedin: https://www.linkedin.com/company/blockbankapp/ YouTube: https://www.youtube.com/channel/UC9OwNLa0vkHIRO77fPqAAJg Contact Details Amplifi PR -Bryan Feinberg, CEO +1 551-574-2169

February 04, 2024 10:55 AM Eastern Standard Time

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Big Fogg Announces Provision of Premier Sideline Cooling and Heating Solutions for NFL Pro Bowl in Orlando

500NewsWire

Orlando, FL, Feburary 4, 2024 - ( 500NewsWire ) -- Following its successful deployment of heated benches and torpedo heaters for the NFC Championship game between the San Francisco 49ers and Detroit Lions, Big Fogg is set to enhance the NFL Pro Bowl experience in Orlando by supplying its advanced sideline cooling fans and radiant heaters. For over two decades, Big Fogg’s heating and cooling solutions have been an integral part of the Pro Bowl, ensuring player comfort in the varying climates of Hawaii and Orlando since 1999. This year, the company continues its tradition of excellence by providing both radiant heaters and cooling fans to adapt to Orlando's unpredictable weather conditions. 2023 marked a milestone year for Big Fogg, showcasing its top-tier sideline services and extensive product range across more than 250 NFL and NCAA games. The season kicked off with Big Fogg equipping the Kansas City Chiefs and Philadelphia Eagles with cooling fans at Super Bowl LVII and concluded with its participation in the Pro Bowl, NFL Playoff games, as well as the Sugar & Rose Bowls, and the National Championship game in Houston. Despite the mild chill at the NFC Championship game in San Francisco, Big Fogg’s heated benches offered unique comforts such as a pull-out floor and warmers for helmets, gloves, and hats, enhancing player performance and well-being. Christopher Miehl, President of Big Fogg, reflects on his extensive experience, setting up misting fans, radiant heaters, and both cooling and heated benches at over 600 NFL and NCAA games. He shares a memorable moment from his first Pro Bowl assignment from the Late Tim Davey, VP of the NFL. Which serendipitously led to Big Fogg’s involvement in the Super Bowl that year in New Orleans. Since then, Big Fogg has been a constant presence at 13 Super Bowls and every Pro Bowl, a testament to its trusted partnership with the NFL. For inquiries about renting or purchasing outdoor heating, cooling, and misting systems for events, gatherings, or venues, please reach out to Big Fogg at 951-587-2460 or its sister company, Cool Zone, at 949-500-9390. Explore a comprehensive selection of heating, cooling, and misting solutions suitable for residential, commercial, or industrial needs by visiting https://bigfogg.com/ or coolzone.net. Contact Details Christopher Miehl +1 951-852-5885 Company Website https://bigfogg.com/

February 04, 2024 09:00 AM Eastern Standard Time

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MEC comprehensively deploys ecological advertising

500NewsWire

New York, USA, Feb. 3, 2024 – ( 500NewsWire ) -- In 2024, MEC Entertainment Media Company will begin to comprehensively expand its global business model. Currently, the number of users of the MEC platform worldwide has exceeded one million. Next, MEC will plan and promote more cooperative brands, provide data sharing, and realize the sharing economy! At the same time, it will also change the way each MEC member makes money and help more people create wealth. I hope that every MEC member can realize his or her dream through this platform! Brand cooperation MEC Entertainment Media Co., Ltd. and American car giant General Motors Company have reached a global market strategic cooperation! MEC will fully cooperate with General Motors Company on the global promotion of its latest car brand "Chevrolet Equinox EV"! The cooperation between MEC and General Motors Company uses advertising scenes as a traffic diversion method to enhance the brand's exposure through the high attention of the MEC platform. The huge traffic of the MEC platform further enhances the brand's marketing effect. All brands hope to expand their market share. The cooperation between MEC and General Motors Company uses a marketing strategy of shared resources, which is more cost-effective than traditional marketing strategies, further verifying the possibility of this business layout. The global advertising and marketing of the brand "Chevrolet Equinox EV" that MEC cooperates with this time will open an exclusive investment channel on the MEC platform. Create a prosperous situation where everyone participates and everyone creates wealth. At 12:00 am London time on January 16, 2024, the exclusive investment channel will be officially opened, and investors will receive generous returns and discounts. MEC and all members enjoy MEC ecological benefits Product specifications Chevrolet Equinox EV advertising will be placed in multiple advertising spaces on the MEC platform and is expected to be available for 45 days According to the MEC platform daily activity data of 1,000,000, the advertising space on all platforms is expected to generate 4,500,000 - 9,000,000 video views. MEC’s normal advertising conversion efficiency is 0.1%, and it is estimated that a total of 4,500-9,000 sales orders will be generated on the MEC platform. The market price of the Chevrolet Equinox EV is US$48,995. Based on 70% of the marketing cost, the profit can reach 14,698USD/unit. The direct profit from the sales of a single commercial on the MEC platform is expected to be 66000000USD -130000000USD. MEC firmly believes that everyone should have equal opportunities to participate in entrepreneurship and investment. Whether you are a small or micro investor or an entrepreneur, you can find your own opportunities on the MEC platform and make your dreams come true. MEC strategic cooperation is about to begin, and we invite you to start this exciting journey with us. Let us work together to create a brilliant future for the film industry! Official website https://meceq.com/ Telegram Channel https://t.me/MecGlobal_official Platform URL https://meccv.com/ Contact Details Colin Nicholas mecglobal78@gmail.com

February 03, 2024 04:30 PM Eastern Standard Time

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News Release

Investors Scoop Up Millions of $GFOX Tokens Just Before Stage Closes

RoundHouse Media

The feeling that Galaxy Fox will exceed many top altcoins this year has been pervasive, given that it has already broken several milestones in its ongoing presale. For this reason, investors are buying up millions of $GFOX tokens to seal their positions when it launches on the retail market. $GFOX: Most-Wanted Coin of the Year Many cryptocurrency presales have launched lately, but Galaxy Fox tops them in convincing investors with its unique features and potential for excelling in the industry. While many view it as an ordinary meme, Galaxy Fox has shown it is more than that by breaking presale records, so far raising an impressive $3 million within a few months of its ongoing presale stages. $GFOX has pressed on to stand out as one of the best play-to-earn (P2E) tokens. In the P2E gameplay of its ecosystem, you’ll find a fantastic runner game, which earns you a $GFOX token by maintaining top performance. The most exciting part of the games is that you can increase your winning advantage simply by buying Galaxy Fox NFTs. These NFTs have varying attributes like increase, speed, agility, power, and weaknesses to make the competition more interesting. Galaxy Fox is also a key player when it comes to staking, where it grants investors the opportunity for earning income passively. When investors stake their $GFOX tokens, they get a share of rewards from the platform's reward pool called Galaxy Fox Stargate. The funds in Galaxy Fox Stargate will not run out because the platform replenishes it with 2% of every transaction that occurred within the ecosystem. Galaxy Fox also implements a token burn feature, allowing the permanent elimination of the $GFOX token and decreasing its circulation. This feature aims to create scarcity of the $GFOX tokens, which currently have a limited supply of 5 billion tokens, so they can skyrocket in value as quickly as possible. Galaxy Fox has a smartly designed presale structure, which enabled the platform to gain increasing attention recently. The presale has ten different stages and from the first to the last stage, the price of $GFOX is bound to rise. Galaxy Fox has completed six stages, and the 7th stage is currently ongoing with more than 95% of the tokens allocated for the stage sold already. Investors who had bought $GFOX at the start of its presales would have gained around 230% on their investment and this ROI is expected to increase by almost 10% again by the time the presale stage 8 starts in the next couple of days. More interestingly, with three more stages left to the end of the presale, investors who invested from stage one will realize a significant ROI totaling about 450%. Conclusion On a final note, the swift and successful presale journey of $GFOX, coupled with its enticing innovative features and multiple use cases has been a key factor in enticing big investors into the Galaxy Fox's ecosystem. Judging from its impressive success so far, it's not surprising that $GFOX has been tipped to be one the best tokens to buy this year. Looking for a token that can give you maximum returns this year? Join Galaxy Fox today and get a 15% discount. Visit the website and join the telegram community for more updates. Learn more about $GFOX here: Visit Galaxy Fox Presale | Join the Community Contact Details Galaxy Fox media@galaxyfox.io

February 03, 2024 02:00 PM Eastern Standard Time

Luxurify Unveils Mesmerizing Valentine's Day Collection: A Symphony of Love and Elegance

Spark Metro

Luxurify, the renowned name synonymous with opulence and sophistication, is proud to announce the launch of its enchanting Valentine's Day Collection —a spellbinding symphony of love and elegance designed to captivate hearts and celebrate the spirit of romance. Crafted with meticulous attention to detail and an unwavering commitment to quality, Luxurify's Valentine's Day Collection showcases an exquisite array of jewelry pieces embodying love's timeless essence. From dazzling diamond-studded necklaces to intricately designed heart-shaped pendants, each piece reflects the brand's dedication to creating treasures that go beyond mere accessories—they are symbols of enduring affection and refined taste. Key highlights of Luxurify's Valentine's Day Collection include: Elegance Redefined: Luxurify has reimagined classic designs with a contemporary twist, infusing every piece with a touch of modern elegance while maintaining the timeless allure of traditional craftsmanship. Symbolic Heart Designs: The collection features an array of heart-shaped jewelry, symbolizing love and passion. Each heart-shaped piece is meticulously crafted to perfection, capturing the essence of romantic sentiments. Dazzling Diamonds: Luxurify's commitment to excellence is evident in the use of high-quality diamonds, carefully selected and expertly set to enhance the brilliance of each piece in the collection. Versatile Pieces for Every Style: Whether it's a romantic dinner, a casual outing, or a grand celebration, Luxurify's Valentine's Day Collection offers versatile pieces that complement various styles, ensuring there's a perfect match for every personality. "As we approach the season of love, Luxurify is thrilled to present our mesmerizing Valentine's Day Collection—a tribute to the timeless beauty of love and elegance. Each piece is crafted with passion and precision. Luxurify invites lovers of luxury and romance to explore the Valentine's Day Collection, available for a limited time at Luxurify.in and select retailers nationwide. Luxurify is a leading name in luxury jewelry, synonymous with timeless elegance, impeccable craftsmanship, and unparalleled quality. With a commitment to creating pieces that transcend trends and celebrate the artistry of jewelry-making, Luxurify continues to be the preferred choice for those who seek the epitome of sophistication. Contact Details Glamour Aura Alex Apexreviews154@gmail.com Company Website https://luxurify.in/

February 03, 2024 05:00 AM Eastern Standard Time

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Successful Launch of HTX DAO and People's Exchange 2024: Justin Sun Aims to Build HTX as the People's Exchange

HTX DAO

Singapore, February 3, 2024 - The HTX DAO 2024 and People's Exchange Launch Ceremony took place in Singapore on February 2. The event marked the beginning of the HTX exchange's journey on decentralization and signaled the People's Exchange as its core ethos. At the event, Justin Sun, a core supporter of HTX DAO and member of HTX's Global Advisory Board, delivered a keynote speech, unmasking the first People's Exchange in the cryptocurrency space and highlighting the need for decentralization. He also shared his vision for HTX DAO and the exchange, along with the HTX DAO Governance Committee, ecosystem participants, and media outlets. HTX DAO: Empowering the Community Justin Sun pointed out that only a decentralized governance model can prevent tragedies like FTX and Mt. Gox from happening again and ensure the long-term security of users' assets while raising the asset ceiling, under the continuous growth of the industry. Moreover, only through decentralization can the blockchain and exchange industries reach a trillion-dollar level of asset scale. HTX DAO will lead the industry's evolution and create a new paradigm for protecting user assets in the exchange industry. It is reported that HTX DAO was officially established on January 18, with the aim of being a leading decentralized autonomous organization in the blockchain ecosystem and focusing on open finance and tokenized economy. The name of HTX DAO encapsulates its identity and strategic direction as a decentralized autonomous organization: The "H" symbolizes the HTX exchange, highlighting its noteworthy role within the HTX DAO ecosystem as the largest contributor to ecosystem liquidity. The "T" signifies the TRON blockchain, the technological foundation driving the HTX DAO ecosystem forward. The "X" embodies change and potential that blend in a multitude of beliefs at the heart of HTX DAO's vision. The "X" also stands as a symbol of the broad spectrum of reputable entities that will form the bedrock of this DAO ecosystem. Sun stated that HTX aims to transform into a decentralized, democratic, and autonomous exchange, which will be achieved through HTX DAO. This unique approach will empower $HTX holders to vote on listings, raise questions, and participate in decision-making and governance, propelling HTX towards decentralization. Ultimately, they will become the true owners of the platform. HTX DAO Gives the HTX Exchange a Second Life During the ceremony, Sun expressed that HTX DAO has given the HTX exchange a new lease of life. With a decentralized governance approach leading the next decade of development, HTX can operate sustainably for generations to come. As per Sun, with the support of HTX DAO and the HTX token, HTX will retain its centralized operational structure while embracing decentralized governance, branding, and decision-making, showcasing vitality and competitiveness as a democratic community. Sun also highlighted HTX DAO's strengths in community decision-making, governance, and operations. It will establish the HTX Senate, igniting active debate and decision-making regarding the development of HTX. With the principle of "From the Community, For the Community," HTX is poised to be a true people-centric exchange. It is worth noting that besides HTX, HTX DAO has attracted more builders for its ecosystem, including projects and institutions such as Ankr, Spark Digital Capital, Double Peak Capital, Zebec, Merkle 3s Capital, TRON, BitTorrent, JustLend DAO, Poloniex, Sun.io, Spark, Stratified Capital, stUSDT, APENFT, etc. At the same time, as co-builders, HTX, TRON, BitTorrent, and APENFT will contribute funds to support HTX DAO's liquidity, jointly promoting the development of HTX DAO. Summing up, Sun stated that HTX has gone through a decade as a centralized entity and hopes to accomplish its transformation to decentralization over the next decade, reaching long-term stability with a mechanism of complete democracy and transparency as a true People's Exchange. It is reported that this ceremony has garnered widespread attention from the HTX community and the cryptocurrency market. Web3 leading institutions attended the ceremony, such as Fireblocks, HashKey, Bithumb, and Paradigm, as well as media outlets like The Wall Street Journal, The Korea Times, FT Chinese, The Straits Times, Golden Finance, PANews, and others. About HTX DAO As a multi-chain deployed decentralized autonomous organization (DAO), HTX DAO demonstrates an innovative governance approach. Unlike traditional corporate structures, it adopts a decentralized governance structure composed of a diversified group, jointly committed to the success of this organization. This unique ecosystem advocates open values and encourages all DAO participants to propose collaborations and protocol enhancements that can promote the development of HTX DAO. Contact Details HTX DAO media@htxdao.com

February 03, 2024 03:05 AM Eastern Standard Time

Direxion Announces Exposure and Risk Increase on Single Stock Daily Leveraged ETFs

Direxion

Direxion has announced it will increase the leverage point and risk level of six single stock ETFs. The changes will heighten the risk of any investment in a Fund because they will result in an increase in the Fund's leverage. Currently, the six single stock ETFs seek daily leveraged investment results, before fees and expenses, of 150% of the daily performance of each ETF’s underlying security. (“1.5X”). Effective on or around April 2, 2024, each of the ETFs will seek daily leveraged investment results, before fees and expenses, of 200% of the daily performance of the ETF’s underlying security (“2X”). Further Fund-specific details, and associated risks, may be found by clicking the links in the table below. Because each Fund will seek to magnify the daily performance of its respective underlying security to a greater extent under its new investment objective, each Fund will have the potential for greater gains, but will also be subject to the risk of greater losses relative to the performance of each Fund's respective underlying security. All Direxion leveraged and inverse ETFs are intended only for investors with an in-depth understanding of the risks associated with seeking leveraged investment results, and who plan to actively monitor and manage their positions. There is no guarantee these ETFs will meet their objective. Please visit the Direxion Leveraged and Inverse ETF Education Center, where you will find educational brochures, videos, and a self-paced online course to help you understand if leveraged ETFs are right for you. About Direxion: Direxion equips investors who are driven by conviction with ETF solutions built for purpose and fine-tuned for precision. These solutions are available for a broad spectrum of investors, whether executing short-term tactical trades, or investing in thematic strategies. Direxion’s reputation is founded on developing products that precisely express market perspectives and allow investors to manage their risk exposure. Founded in 1997, the company has approximately $38.1 billion in assets under management as of December 31, 2023. For more information, please visit www.direxion.com. There is no guarantee that the Funds will achieve their investment objectives. For more information on all Direxion Shares ETFs, go to www.direxion.com, or call us at 866.301.9214. Leveraged and Inverse ETFs pursue daily leveraged investment objectives which means they are riskier than alternatives which do not use leverage. They seek daily goals and should not be expected to track the underlying index over periods longer than one day. They are not suitable for all investors and should be utilized only by sophisticated investors who understand leverage risk and who actively manage their investments. An investor should carefully consider a Fund’s investment objective, risks, charges, and expenses before investing. A Fund’s prospectus and summary prospectus contain this and other information about the Direxion Shares. To obtain a prospectus and summary prospectus call 866-476-7523 or visit our website at direxion.com. A Fund’s prospectus and summary prospectus should be read carefully before investing. Direxion Shares Risks - An investment in the ETFs involves risk, including the possible loss of principal. The ETFs are non-diversified and include risks associated with concentration that results from an ETF’s investments in a particular industry, sector or company, which can increase volatility. The use of derivatives such as futures contracts and swaps are subject to market risks that may cause their price to fluctuate over time. The ETFs do not attempt to, and should not be expected to, provide returns which are a multiple of respective underlying security for periods other than a single day. For other risks including leverage, correlation, daily compounding, market volatility and risks specific to an industry, sector or company, please read the prospectus. Please see the summary and full prospectuses for a more complete description of these and other risks of the Fund. Distributor: Foreside Fund Services, LLC. Contact Details Ditto Public Relations Danielle Black, SAE direxion@dittopr.co Company Website https://www.direxion.com/

February 02, 2024 04:47 PM Eastern Standard Time

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