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CMS Prime Champions Regulatory Compliance for Secure Trading: Insights from Chief Legal Counsel

500NewsWire

Dubai, UAE, March 12, 2024 - ( 500NewsWire ) -- In an ever-evolving financial landscape where the capital and foreign currency trade market burgeons, not just globally but significantly in the UAE, CMS Prime emerges as a beacon of trust and regulatory compliance. The firm's commitment to maintaining a secure and transparent trading environment is underscored by insightful commentary from Hamid R. Mojtahedi, Chief Legal Counsel at CMS Prime. The capital and foreign currency trade market, known for its dynamism and speculative nature, poses various risks, including the potential for fraud. CMS Prime, a leading multi-asset broker renowned for unparalleled trading conditions, has consistently exceeded investor expectations for two decades, primarily through rigorous adherence to regulatory standards and ethical trading practices. The United Arab Emirates has established itself as a formidable jurisdiction in fostering a safe trading environment, thanks to its comprehensive regulatory framework and oversight. CMS Prime stands at the forefront of this initiative, offering investors, regardless of their experience or market exposure, a solid foundation of confidence in engaging with the market. The importance of due diligence cannot be overstated when selecting a broker. Unfortunately, the digital landscape is fraught with misleading or fraudulent platforms purporting to offer reliable broker reviews. Mojtahedi emphasizes the significance of cross-referencing a broker's regulatory status with authoritative bodies and encourages direct engagement with CMS Prime for transparent and comprehensive disclosures. Key benefits of partnering with a licensed and regulated broker like CMS Prime include: Investor Protection: Setting industry benchmarks for best practices, CMS Prime safeguards investors against scams and fraudulent activities, ensuring financial security through stringent data security protocols and segregated client accounts. Transparency: CMS Prime prides itself on clear disclosures regarding pricing, leverage, commissions, and fees, alongside a strict "no hidden fees" policy, fostering trust among traders. Market Integrity: Through regulatory compliance, CMS Prime helps prevent market manipulation and unethical practices, preserving the market's integrity. Financial Stability: Regulatory oversight by CMS Prime ensures a stable trading environment, contributing to the overall health of the financial market. With over 20 years of expertise, CMS Prime has not only adhered to ethical and transparent trading practices but has also focused on cost-effective trading solutions. Its competitive spreads, low commissions, and comprehensive trading tools, coupled with flexible infrastructure, including MT5 platforms, establish CMS Prime as a preferred choice for both seasoned traders and novices alike. Contact Details Hamid R. Mojtahedi, Chief Legal Counsel +971 55 912 9346

March 12, 2024 03:45 AM Eastern Daylight Time

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Recharge Resources Commences Drill Preparations To Upgrade And Expand Mineral Resource Estimate Of 760,000 Tonnes Lithium Carbonate Equivalent At Pocitos Lithium Brine Project

Recharge Resources Ltd.

Vancouver, BC / TheNewswire / March 12, 2024 - Recharge Resources Ltd. ("Recharge" or the "Company") (RR: CSE) (RECHF: OTC) (SL5: Frankfurt) is pleased to announce the Company has arranged for Jason Van Den Akker, a senior hydrologist and geologist with WSP Australia to visit Pocitos 1 and 2 with Recharge’s COO Phil T homas during the week of March 18, 2024 in preparation for the company’s 2024 production diameter drill program for the expansion and upgrading of Recharge’s previously announced mineral resource estimate of 760,000 tonnes LCE at its Pocitos Lithium Brine project near the town of Pocitos in Salta, Argentina. (See press release dated December 20 th, 2023) Click Image To View Full Size Figure 1: Shows the approved drill locations (PCT 24-1 to 12) of which 6-8 will be converted to production wells to pump brine to the proposed 20,000 tonne Ekosolve™ plant. The Company’s key milestones are: Complete analysis of MT geophysics with WSP to confirm exact well hole locations. Complete contract with Cuartz Drilling Co for drilling wells and start date Complete contract with downhole borehole magnetic resonance geophysics for selected wells Complete drill core porosity tests for resource calculation in Australia Select wells for production from flow tests WSP to prepare and complete upgraded Mineral Resource estimate Cuartz drilling converts 6-8 of the exploration HQ diameter wells to production wells and conducts further flow tests Ekosolve provides engineering data and WSP complete a Proven and Probable reserve MRE estimate. Click Image To View Full Size Figure 2: Graphic showing Pocitos salar, proximity to Rincon, Arizaro, Cauchari salars and extinct volcanoes contributing lithium in blue. Orange area is Pocitos 1 and 2 claims. MT Geophysics Analysis Resistivity is a key indicator and the values less than 1.0 0hm.m are considered exceptional. The drill hole is shown 24-12 is intercepting an area 0.4-0.6ohm.m. Click Image To View Full Size Figure 3: Cross section on Pocitos 2 with drill well PCT 24-12 shown to 400m depth. CEO and Director David Greenway expressed his enthusiasm for the company's growth trajectory. "We are delighted WSP are able to visit the Pocitos project in March with the Recharge Resources team. The Company will progress from an explorer to a pivotal stage defining our Mineral Resource estimate from a resource to a reserve when drilling is completed. This will lead to the pilot plant phase when we plan to build a small Ekosolve plant prior to expansion to 20,000 tonnes name plate production capacity.” About Pocitos Lithium Brine Project The Pocitos Project is located approximately 10 km from the township of Pocitos where there is gas, electricity, and accommodation. The Pocitos Project is approximately 1,332 hectares and is accessible by road. Collective exploration totals over US$2.0 million developing the project, including surface sampling, trenching, TEM and MT geophysics and drilling three wells that had outstanding brine flow results. Locations for immediate follow up drilling have already been identified for upcoming exploration. Lithium values of 169 ppm from drill hole 3 packer test assayed from laboratory analysis conducted by Alex Stewart were recorded during the project’s December 2022 drill campaigns. A double packer sampling system in HQ Diamond drill holes were drilled to a depth of up to 409 metres. The flow of brine was observed to continue for more than five hours. All holes had exceptional brine flow rates. Ekosolve Ltd produced lithium carbonate at a purity of 99.89%, where extraction of the lithium from the Pocitos brines was above 94% i.e. 159 ppm of lithium would have been recovered from 169 ppm. The company has published a NI 43-101 compliant Inferred Mineral Resource Estimate ( MRE ) for the Pocitos Lithium Brine Project compiled by WSP geohydrological consultants which has been estimated at 143,000 tonnes of in-situ lithium metal, and 13,000 tonnes lithium metal yield (using porosity estimates) which equates to a lithium carbonate equivalent (“LCE”) of 760,000 tonnes and 69,000 tonnes respectively. The LCE is calculated from the ratio of lithium carbonate (Li 2 CO 3 ) to Li metal (5.32:1). The calculations assume no process losses. See press release dated December 20 th, 2023. The full NI 43-101 Report dated December 18, 2023, and entitled “Technical Report For The Pocitos 1 and II, Salta Province, Argentina”, can be found on SEDAR+ under the Company’s issuer profile at www.sedarplus.com. About Recharge Resources Recharge Resources is a Canadian mineral exploration company focused on exploring and developing the production of high-value battery metals to create green, renewable energy to meet the demands of the advancing electric vehicle, energy storage and fuel cell vehicle market. All Stakeholders are encouraged to follow the Company on its social media profiles on LinkedIn, Twitter, Facebook and Instagram. On Behalf of the Board of Directors “David Greenway” David Greenway, CEO For further information, please contact: Recharge Resources Ltd. Joel Warawa Phone: 778-588-5473 E-Mail: info@recharge-resources.com Website: recharge-resources.com Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release. Disclaimer for Forward-Looking Information Certain statements in this release are forward-looking statements, which reflect the expectations of management regarding Recharge’s intention to continue to identify potential transactions and make certain corporate changes and applications. Forward looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations, or intentions regarding the future. Such statements are subject to risks and uncertainties that may cause actual results, performance, or developments to differ materially from those contained in the statements. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits Recharge will obtain from them. These forward-looking statements reflect managements’ current views and are based on certain expectations, estimates and assumptions which may prove to be incorrect. A number of risks and uncertainties could cause actual results to differ materially from those expressed or implied by the forward-looking statements, including Recharge’s results of exploration or review of properties that Recharge does acquire. These forward-looking statements are made as of the date of this news release and Recharge assumes no obligation to update these forward-looking statements, or to update the reasons why actual results differed from those projected in the forward-looking statements, except in accordance with applicable securities laws. ###

March 12, 2024 03:06 AM Eastern Daylight Time

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Kaskade Finance Closes Successful Pre-Seed Round

PlatoData

Dubai, UAE, March 11, 2024 - ( PlatoGaming via 500NewsWire) -- Kaskade finance, a gamified incentivization layer protocol, just announced the closure of its pre-seed funding round from over 40 investors. Nathan Lenga, CEO of Kaskade, tabled the MVP to go live in August, and to continue to build a world-class team that will make certain Kaskade Finance is the premier liquidity incentivization layer for all of DeFi. The oversubscribed seed round had participation from over 40 investors, some of which include Marshland, NxGen.xyz, Artemis Capital, Andromeda Capital, Hercules Ventures, 369 Capital, Crypto Oasis Ventures, as well as influencers, including VirtualBacon, Brian D Evans, CryptoJack and more. Kaskade already has a shortlist of protocols asking to collaborate in order to leverage its incentivization mechanism to bootstrap volume and liquidity; the first of which being Redacted Finance. “We founded Kaskade to flip the incentive model on its head; rather than focusing on bootstrapping liquidity first, we strive to drive additional volume in the ecosystem. Our team fundamentally believes that the industry must incentivize volume, which represents demand, to create sustainable flywheels, given demand inevitably results in supply, liquidity”, - said Nathan Lenga, CEO and co-founder of Kaskade Finance. The first campaign will launch mid-March, in collaboration with Redacted Finance, with up to $30,000 USD in $BTRFLY rewards available for all participants. Not only is there a large rewards pool, but also a gas rebates program that frequent traders can avail themselves of. About Kaskade Finance: Kaskade Finance is the cross-chain liquidity bootstrapping layer for DeFi protocols and networks that leverage volume focused incentives to increase more fees to liquidity pools. Kaskade is creating a new mechanism to incentivize liquidity, first emphasizing on volume, with the understanding that liquidity will subsequently increase. Protocols with live tokens can create campaigns through the Kaskade application, engaging their users to increase trading volume and accordingly liquidity. These protocols will put up rewards in any token to incentivize their users to trade more frequently, with users being able to claim these rewards at the end of the week. Keep up to date on all updates for Kaskade Finance by following their socials. Contact Details Amplifi PR - Bryan Feinberg, CEO +1 551-574-2169

March 11, 2024 05:45 PM Eastern Daylight Time

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Comcast Texas Commits More Than $1M to Shrink Local Digital Divide in 2024

Comcast Texas

HOUSTON, TX (March 12, 2024) – Comcast Texas, the Houston area's largest internet service provider, will commit more than $1 million to shrink the local digital divide this year by supporting digital skills training programs, adding more Wi-Fi connected Lift Zones and providing grants to dozens of organizations that help thousands of people. The investment is part of Comcast’s Project UP – a comprehensive $1 billion initiative to advance digital opportunities across the nation and help build a future of unlimited possibilities. Digital Skills in the Workforce Over 90% of jobs available today require digital skills, yet nearly one-third of U.S. workers lack opportunities to build these skills. In 2024, Comcast Texas will continue to fund programs that teach the tech skills needed to land a job and stay competitive in the changing marketplace. Expanding WiFi-Connected Lift Zones and Programming Lift Zones are spaces in neighborhood community centers that provide free Internet access for students and families. In 2024, Comcast Texas will activate a number of new Lift Zones in the surrounding Houston area. There are 53 Lift Zones that serve southeast Texas students and families. In addition to new Lift Zones, additional programming will be added to locations that focus on skills and workforce development. Connectivity & Adoption Grants Connectivity programs give individuals, families and community partners the right tools and resources to take advantage of the Internet. Adoption programs teach the skills needed to increase competency and confidence in technology to use it proficiently. In 2024, Comcast Texas will provide hundreds of thousands of dollars in grants to fund connectivity and adoption programs. “This investment in our communities will literally change generations of southeast Texas families,” said Jose Espinel, Comcast Texas’ Regional Senior Vice President. “Everyone deserves a chance to participate in the digital economy. You can’t do that without the resources and skills to use the Internet. Our commitment will ensure that people from all backgrounds can connect to the moments that matter most.” Comcast Texas’ 2024 grant funding and other support to local organizations will be announced throughout the year. Additional support will be considered for local organizations that raise awareness about connectivity programs like Internet Essentials, a low-cost, high-speed Internet plan for qualifying households ($9.95/mo for up to 50 Mbps, or $29.95/mo for up to 100 Mbps). Internet Essentials also provides low-cost computers, free WiFi hotspots, and free internet training. About Comcast Corporation: Comcast Corporation (Nasdaq: CMCSA) is a global media and technology company. From the connectivity and platforms we provide, to the content and experiences we create, our businesses reach hundreds of millions of customers, viewers, and guests worldwide. We deliver world-class broadband, wireless, and video through Xfinity, Comcast Business, and Sky; produce, distribute, and stream leading entertainment, sports, and news through brands including NBC, Telemundo, Universal, Peacock, and Sky; and bring incredible theme parks and attractions to life through Universal Destinations & Experiences. Visit www.comcastcorporation.com for more information. About Project UP: Project UP is Comcast Corporation’s comprehensive initiative to advance digital equity and help build a future of unlimited possibilities. Backed by a $1 billion commitment to reach tens of millions of people, Project UP encompasses the programs and community partnerships across Comcast, NBCUniversal, and Sky that connect people to the Internet, advance economic mobility, and open doors for the next generation of innovators, entrepreneurs, storytellers, and creators. Contact Details Ilona Carson +1 346-624-2074 Ilona_Carson@comcast.com Company Website https://houston.comcast.com/

March 11, 2024 04:15 PM Central Daylight Time

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News Release

Team Behind Top Lending Protocol Launches Suilend on Sui

Sui

The Suilend lending protocol is Solend’s first venture outside of the Solana ecosystem underscoring confidence in Sui's technology Suilend, Solend’s first expansion outside the Solana ecosystem, officially launched today on the Sui Network. Solend, which boasts over $200 million in total value locked (TVL) across 170,000+ users with support for 70+ assets, now brings its unparalleled DeFi expertise and experience building industry-leading lending protocols to the Sui ecosystem in a move that adds to the quickly expanding depth of the Sui ecosystem. Discussing the launch, Rooter, the pseudonymous Founder of Solend, said, "Developing on Ethereum and Solana felt like building a cathedral with chisels and hammers. That's not to say you can't build great things — cathedrals are some of the most beautiful human achievements. But we want to build rocket ships, and for that, you need advanced tools like laser cutters and welders. That's what Sui and Move offer with better developer tools." The announcement follows hot on the heels of Bluefin, a burgeoning DEX with daily volumes exceeding $100 million, committing exclusively to Sui over Arbitrum for its V2 development and unveiling its roadmap into 2024. Security is a distinct focus for participants in the DeFi space, and with the launch of Solend on Sui, the protocol is leveraging a network in Sui that has industry-leading security. By launching on Sui, Solend capitalizes on the inherent security features integrated into the Move language, which provides built-in protections for its smart contracts. Additionally, partnerships with leading blockchain security firms, Zellic and Ottersec, entail rigorous audits of projects like Suilend, ensuring adherence to the highest security standards. Suilend will also benefit from Sui’s parallel processing for most transactions. Sui boasts the lowest levels of latency in the industry and facilitates horizontal scaling, achieving a peak throughput of up to 297,000 transactions per second and a time-to-finality of approximately 480 milliseconds. "We are delighted to welcome a protocol with the background of performance and success of Suilend to the Sui ecosystem," said Greg Siourounis, Managing Director of the Sui Foundation. "Sui's blistering transaction speeds, infinite scalability and pervasive efficiency are tailor-made for DeFi projects like Suilend, and we look forward to watching their continued growth and success on Sui." This strategic move comes as Sui recently surpassed the $500 million Total Value Locked (TVL) milestone, firmly establishing itself within the top 10 DeFi ecosystems globally. Over the past month alone, a staggering $310 million in assets has migrated from Ethereum to Sui via Wormhole, eclipsing all other blockchain transfers combined, signaling the growing trust in the ecosystem’s DeFi capabilities. Contact Details Sui Sui Team media@sui.io

March 11, 2024 04:53 PM Eastern Daylight Time

Accelerate Resources closer to drilling on signing Native Title and Heritage Exploration Agreement

Accelerate Resources Ltd

Accelerate Resources Ltd CEO Luke Meter joins Proactive’s Jonathan Jackson as the company takes another step closer to drilling at Prinsep Lithium Project in the Pilbara region of WA. Accelerate recently signed a key Native Title and Heritage Exploration Agreement with the Ngarluma Aboriginal Corporation. Following this agreement, a heritage survey is set to be conducted, paving the way for an inaugural drilling program. This project is notably positioned 15 kilometres south of Karratha, a key regional hub, and is 35 kilometres west of the Andover Lithium discovery by Azure Minerals. The Prinsep Lithium Project stands out as an advanced, drill-ready venture that showcases the collaborative efforts between Accelerate Resources and the Ngarluma Aboriginal Corporation to ensure respectful and mindful progression in exploration activities within the region. Meter outlines when investors can expect drilling to start, as well as a soil sampling program over the broader Karratha area. “We thank the Ngarluma Aboriginal Corporation for their support and assistance in finalising this agreement," Meter said. "The NTA provides Accelerate with the framework to complete the heritage and ethnographic surveys necessary to responsibly explore and drill the exciting walk-up drill targets at the Prinsep Lithium Project without disturbing areas of cultural significance." Contact Details Proactive Investors Jonathan Jackson +61 413 713 744 jonathan@proactiveinvestors.com

March 11, 2024 03:45 PM Eastern Daylight Time

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News Release

Revolutionizing Memory Care: Sensay Unveils AI-Powered Digital Replicas for Dementia Support and Beyond

Sensay

Sensay, a pioneering technology company at the intersection of AI and blockchain, today announced the imminent launch of its innovative platform designed to create autonomous lifelike AI Digital Replicas on-chain, marking a significant leap towards digital immortality. Leveraging cutting-edge technology, Sensay offers limitless potential in the digital age, empowering users to retain ownership and monetize their digital twins. A Bold Step for Dementia Patients and Beyond Starting with a focus on dementia patients and their families, Sensay aims to provide immediate social impact by offering lifelike digital replicas for memory preservation and companionship. This groundbreaking approach addresses the urgent needs of over 55 million individuals worldwide affected by dementia, providing comfort and continuity for patients and their loved ones. Sensay has over 25,000 beta users on its platform with more joining every day. Endless Possibilities with Digital Twins Beyond dementia care, Sensay's technology opens up a world of possibilities across various sectors, including education, healthcare, entertainment, and personal development. From preserving personal stories for generations to personalized learning and expert consultancy on demand, the potential applications are limitless. The team aims to revolutionize digital interaction by introducing a digital copy that can engage with gamers around the world 24/7 as a non-playable character (NPC), share skills and expertise with clients in any language, or serve as the ultimate personal assistant. This digital counterpart is designed to handle tasks such as taking introductory calls, booking restaurants, organizing travel, job hunting, and matchmaking, enhancing efficiency and connectivity in various aspects of life. Empowerment Through Tokenization As part of its mission to democratize technology, Sensay introduces the $SNSY token, enabling users to participate in the platform's economy. Token holders will have access to exclusive rewards, early access to developments, and the ability to use tokens within the Sensay ecosystem. The $SNSY token itself will act as a token of exchange between the Sensay Data Marketplace, its decentralized storage, and the autonomous Digital Replicas, therefore enabling users and owners of these Replicas to retain ownership and monetisation of their data. The $SNSY token is on the Ethereum Network, audited by Hacken and Hashlock, with a LayerZero OFT (Omnichain Fungible Token) for ease of deployment to L2s like Arbitrum in the near future. Partnerships and Public Sale Announcement Sensay is proud to announce upcoming partnerships with leading organizations like HypersignID, Fetch AI, Banyan (Filecoin), AIOZ, LayerZero, Solv.Care, HeyGen, ElevenLabs, NowPayments, and SingularityNET. These collaborations will further enhance the platform's capabilities and reach. The public sale of $SNSY tokens is scheduled to start on 19th March, running approximately for three weeks unless sold out sooner. To date, the Sensay project has been bootstrapped by its founders, meaning no VCs, Pre or Private Sales to affect the public sale price. The public sale will be conducted in collaboration with Gempad, Enjinstarter, Poolz Finance and Fjord Foundry. This marks an exciting phase of Sensay's journey, inviting investors and users to be part of a future where digital and physical realities converge. Digital Replication in Safe Hands Dan Thomson, Founder and CEO of Sensay, is at the forefront of the Digital Immortality movement, blending his visionary insights on digital replication with over seven years of experience in Web3 technology. An accomplished author on the subject, Thomson's entrepreneurial journey includes the foundation of multiple startups, showcasing his unwavering commitment to leveraging technology for the greater good. Under his leadership, Sensay embarks on a mission to unlock the limitless potential of humanity globally, harnessing the power of AI and blockchain to create meaningful and lasting legacies. Dan Thomson shares, "At Sensay, we're not just creating technology; we're weaving the fabric of a new digital era where every individual has the power to leave an indelible mark on the world. Our platform is a testament to the boundless possibilities that emerge when we envision our digital futures with empathy, innovation, and a deep commitment to societal impact." Sensay bridges the gap between Web2 and Web3, using decentralized infrastructure to power the next generation of AI Digital Replicas, keeping the power and opportunities of this amazing technology firmly in users' hands. Whilst in Beta, Sensay remains free to use and create replicas. About Sensay Sensay is revolutionizing the way we think about digital identity and legacy in the digital era. By creating on-chain verified autonomous digital replicas, Sensay is not just creating a technological solution; it's crafting a new paradigm for personal presence and legacy in the digital age. For more information, visit https://snsy.ai and engage with us on https://twitter.com/asksensay, https://t.me/asksensay and https://discord.gg/Rwhxny8TbP Contact Sensay: - Website: https://snsy.ai - Email: info@sensay.io - Documentation: https://docs.snsy.ai - Brand And Media Kit: https://docs.snsy.ai/branding-and-media - Social Media: @asksensay Users can try talking to Dan Thomson’s Digital Replica Today: https://sensay.io/replicas/dan Users can join Sensay in embracing the future of digital identity and legacy. Contact Details Sensay Dan Thomson dan@sensay.io

March 11, 2024 03:36 PM Eastern Daylight Time

Lithium Energy validates exceptional quality of spherical purified graphite

LITHIUM ENERGY LIMITED

Lithium Energy Ltd (ASX:LEL) general manager of projects Graham Fyfe sits down with Proactive’s Jonathan Jackson to discuss noteworthy advancements at Burke Graphite Project in northwest Queensland, with "excellent" battery electrochemical test results. The spherical purified graphite (SPG) produced from this project has undergone extensive electrochemical battery testing overseen by ProGraphite, providing significant validation of its exceptional quality. According to the company, the Burke Graphite's outstanding electrochemical performance positions it as a highly valued battery anode material (BAM) for use in lithium-ion batteries. Lithium-ion battery cells incorporating uncoated spherical purified graphite (SPG), purified to an impressive 99.97% Total Graphitic Carbon (TGC), exhibit notable suitability as anode material for these batteries. Fyfe explains how testing results are the final piece of the 'BAM puzzle' that confirms Burke Graphite as an exceptional material for use in Li-ion batteries. He also touches on how the company is optimising the BAM development pathway and how far pilot plant plans are away from becoming a reality. The company's executive chairman William Johnson said: "The company will now focus on optimising the BAM development pathway and implementing a process to produce marketable quantities of SPG that will be used to secure offtake agreements. This includes continuing its plans to install and operate an SPG Pilot Plant in Queensland. "We are now entering a very exciting phase of the development of our vertically integrated Australian based BAM business." Contact Details Proactive Investors Jonathan Jackson +61 413 713 744 jonathan@proactiveinvestors.com

March 11, 2024 03:10 PM Eastern Daylight Time

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News Release

zkLink Nova Launches Mainnet, The First ZK Stack-based Aggregated Layer 3 Rollup Built on zkSync

zkLink

In an unprecedented leap forward for the blockchain industry, zkLink is proud to announce the public mainnet launch of zkLink Nova, the industry’s first Aggregated Layer 3 zkEVM rollup network based on zkSync’s ZK Stack & zkLink Nova. zkLink Nova unifies liquidity and assets from Ethereum and Layer 2 rollups onto one interoperable platform, providing developers with a zkEVM-compatible decentralized application (dApp) deployment through the ZK Stack Hyperchain. Being an Aggregated Layer 3 Rollup, zkLink Nova addresses the three major roadblocks that have restricted scaling across the Ethereum ecosystem – liquidity fragmentation across Layer 2 blockchains, complexities associated with multi-chain dApp development, and poor user experience due to the isolation of assets and applications across chains. Layer 2 Ecosystem Collaboration The cornerstone of the zkLink Nova mainnet is its comprehensive integration with leading Layer 2s, including Arbitrum, Linea, Manta, Mantle, and zkSync. zkLink Nova acts as a connective layer between the Layer 2 Rollups, enhancing liquidity and asset transfers across the Ethereum ecosystem. “By leveraging the strengths of zkSync’s ZK Stack & Linea’s ZK Proof-verification capabilities, Nova is stack agnostic and is able to connect to any ZK & OP Layer 2,” said Vince Yang, CEO and co-founder of zkLink. “This represents a major milestone for both zkLink and the wider Ethereum ecosystem as DApps will have access to broader liquidity and more users, potentially unlocking exciting new use cases for their existing L2 assets.” The integration of Layer 2s with zkLink Nova underscores a shared vision for a more unified and efficient blockchain ecosystem. zkLink Nova’s role in pioneering the Aggregated Layer 3 concept is the answer to the Layer 2’s dire need for more interconnection among ecosystems. The general purpose architecture in zkLink Nova’s Aggregated Layer 3 enables developers to easily build, deploy and scale dApps using Solidity smart contracts, saving them time and resources. Securing the Future of Blockchain with ZK Proofs Nova’s Aggregated Layer 3 environment removes bridges and gas fees from the equation, reducing security risks and improving user experience. By utilizing ZK Proofs in its architecture, every transaction on Nova undergoes verification before it is processed, giving the zkLink Nova mainnet Ethereum grade security. “The Nova Aggregated Layer 3 mainnet utilizes Linea as the primary rollup for ZK proof-verification through zkLink’s Nexus settlement layer technology. Being secure, EVM-equivalent and cost effective, Nova leverages Linea’s ZK-Rollup for faster multi-chain state synchronization and hard finality that settles on the Ethereum network,” said Linea Product Lead, Declan Fox. For DApp users, zkLink Nova removes complexity and simplifies asset transfers across Ethereum and Layer 2s while keeping transactions secure. DApp users can directly deposit their assets from Ethereum or any of the integrated Layer 2s into zkLink Nova’s unified platform to transact seamlessly or interact with its ecosystem of dApps, greatly enhancing the user experience for all. The mainnet launch of zkLink Nova is the first of its kind in solving Ethereum’s liquidity fragmentation problem while simplifying multi-chain complexities. By uniting major Ethereum Layer 2s together, zkLink Nova is taking the lead towards advancing blockchain of value, realizing a unified and interoperable rollup ecosystem with greater capital efficiency for all users. About zkLink Dedicated to unifying liquidity and scaling the Ethereum ecosystem, zkLink is pioneering Aggregated Rollup solutions to bridge the ecosystem siloes within the blockchain space. By facilitating a more interconnected, efficient, and accessible digital asset environment, zkLink is driving forward the vision of a unified and decentralized blockchain ecosystem without boundaries. About zkLink Nova zkLink Nova is the pioneering Aggregated Layer 3 Rollup zkEVM network that brings unprecedented liquidity and asset aggregation to Ethereum and its Layer 2 Rollups. Built with ZK Stack and zkLink Nexus, it leverages ZK Proofs to enhance scalability and security. Developers enjoy an open platform for deploying Solidity smart contracts and instantly tapping into integrated networks like Arbitrum and zkSync. Nova simplifies DeFi by presenting a unified ecosystem for users and DApps, promoting a seamless blockchain experience. Links Website, Twitter, Discord, Telegram, Blog, Whitepaper Contact Details zkLink Jake Morakis zklink@mgroupsc.com

March 11, 2024 01:52 PM Eastern Daylight Time

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