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News Release Digital Asset Direct

The Challenges of DeFi: The Key to Unlocking DeFi's Full Potential

Elluminex

The arrival of DeFi has redefined crypto and financial services, providing much-needed transparency and autonomy. With it, a new wave of income opportunities presented itself, and investors who saw the writing on the wall made a fortune in the early days of DeFi. Over the last few years, most Layer 1s, starting with Ethereum, have launched unique solutions in their quest to bring DeFi to the masses. However, it’s safe to say that the space is in its infancy as many issues still need to be properly addressed, such as fragmented liquidity, high fees, and limited usability. Elluminex seeks to tackle all these challenges with its all-in-one DeFi hub, which leverages the enormous, yet relatively untapped potential of the TON blockchain. Let’s dive deeper and discover why Elluminex could revolutionize space forever. The problem: DeFi Is Still Inefficient The mass adoption of DeFi is hindered by a series of barriers that make the landscape difficult to navigate, turning away millions of newcomers. High fees, complex interfaces, unstable liquidity. These factors create an accumulation of inefficiencies that make the DeFi experience clunky and convoluted. In addition to this, users who want to make the most of this emerging market, are forced to interact with multiple platforms and track assets scattered across different ecosystems. This is more than just an annoyance, it could expose investors to security risks and lead to significant losses. This is where Elluminex could come in. The Solution: Elluminex Elluminex integrates a wide array of DeFi services into one intuitive and user-friendly platform. The base of operations is Elluminex’s DEX, an innovative decentralized exchange offering high liquidity, low slippage, and advanced order types. All this is supported by state-of-the-art security measures and ease of access, as investors can trade directly from their wallets. Although Elluminex is based on the TON blockchain, the platform is built with interoperability in mind. Via the Elluminex Cross-Chain bridge, users can seamlessly swap between a multitude of blockchains, at lightning speed and the lowest possible transaction fees. This not only enhances liquidity even further, but it also relieves users from having to constantly switch between protocols to find the best deals. Early Access, Trackers, Farming What would DeFi be without features that incentivize investors to engage with the ecosystem? Elluminex offers advanced staking and farming options that will bring incredible rewards for investors who stake the $ELX token and provide liquidity. A novel AI-powered portfolio tracker will allow users to effortlessly manage their assets across blockchains while they perfect their craft thanks to real-time data and constant market updates. They will be empowered to make the right decisions at the right time, without letting any opportunity go to waste. Elluminex is also done with gatekeeping. “Being early” on a gem is what all investors strive for. They will sink countless hours of research and risk significant capital, only to see their efforts stunted by gatekeepers and red herrings. This is why Elluminex will grant its users early access to TON-based project tokens before they hit exchanges, through an over-the-counter platform. Let’s Talk Tokenomics And $ELX The $ELX token is the backbone of the Elluminex ecosystem. It drives utility, governance, and engagement while being set for massive price multipliers along the way. The supply is capped at 350 million and 50% of it will be up for grabs during the presale event. The rest will be allocated toward liquidity, exchange listings, marketing efforts, rewards, and buybacks. $ELX is also deflationary by design. A robust burn mechanism will systematically reduce the circulating supply of tokens. This will promote sustainable price growth over time, while also making it resilient to market-wide volatility spikes. Ready For The Presale? The DeFi space is in dire need of an overhaul and Elluminex could bring about a revolution. This innovative platform is already making headlines as the launch of the $ELX presale draws near. Early investors could see legendary returns if they stick around. So, stick around! For more information about Elluminex visit the links below: Website: https://elluminex.com/ Twitter/X: https://x.com/elluminex Telegram: https://t.me/Elluminex Elluminex aims to be the first comprehensive DeFi hub on the TON blockchain, designed to revolutionize the DeFi landscape. Our mission is to provide a seamless and user-friendly platform that empowers users to trade, stake, farm, bridge, and track their portfolios with ease. By leveraging the power of the TON blockchain, Elluminex seeks to offer unparalleled speed, security, and scalability, bringing DeFi to a network with over 950 million active users and over 1 billion recorded transactions. Contact Details Andy Green support@elluminex.com Company Website https://elluminex.com/

November 16, 2024 05:00 AM Eastern Standard Time

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Decentralization and Its Impact on User Trust in DeFi

Elluminex

The FTX debacle in 2023 exacerbated an already deteriorating bear run in 2023, scaring off a large contingent of the market while showcasing the risks associated with asset decentralization. Though cryptocurrencies are inherently decentralized by nature, this is a double-edged sword, reflecting the challenge of ensuring security without centralized oversight. Novel blockchains such as Toncoin aim to mitigate these risk factors and juggle security with decentralization in an effort to solve the crypto “trilemma.” While some present more viable solutions than others, the Elluminex team believes that Toncoin’s fundamentals and untapped potential make it the ideal foundation for an all-encompassing DeFi platform designed to foster user trust. Toncoin: The Most Secure Layer-1 On The Market A major focus of Toncoin is balancing the principles of decentralization with robust security measures to enhance user trust within the DeFi ecosystem. Toncoin’s architecture is designed to mitigate these challenges through innovative approaches that also align with the core tenets of decentralized finance. Unlike alternative blockchains, Toncoin remains relatively untapped despite its rapidly growing infrastructure and capabilities. While Ethereum has established platforms like Uniswap and Binance Coin powers PancakeSwap, the TON blockchain is still in the infancy stage of DeFi development. Elluminex is set to capitalize on this opportunity by building a comprehensive DeFi hub on TON, offering numerous features such as a DEX, staking, and cross-chain capabilities. About to become one of the first movers on this emerging network, Elluminex aims to leverage TON’s speed and scalability to attract new users in droves. Most importantly, Elluminex will utilize Toncoin in a way that maintains decentralization while fostering user trust in the space. How Elluminex Utilizes Toncoin’s Capabilities To Foster User Trust Decentralization is at the forefront of Elluminex’s vision as it will leverage the TON blockchain to provide a secure all-in-one DeFi platform. Traditional finance relies on intermediaries like banks to manage transactions, which creates trust but isn’t necessarily foolproof and could be problematic. By removing intermediaries, Elluminex will give users direct control over their assets, ensuring transparency while building trust. A key feature of Elluminex is its emphasis on self-custody, and users will maintain control over their private keys and assets on its native DEX. Unlike centralized exchanges where funds are managed by an outside party, Elluminex’s decentralized approach empowers users to manage their own crypto holdings. This autonomy aligns with the principle of “not your keys, not your crypto,” appealing to those who value independence from those who may not have the best intentions or lack trustability. In addition, Elluminex will integrate various privacy-focused technologies supported by TON. By avoiding traditional identity verification processes like KYC’s that store sensitive data on centralized databases, Elluminex will guarantee 100% security pertaining to user information. This emphasis on privacy will provide peace of mind, enhancing trust among users while fostering a loyal user base. But that isn’t all. Elluminex will utilize the TON blockchain in various other ways to propagate security, such as letting users verify publicly recorded transactions for full transparency. With automated smart contracts, Elluminex will ensure that all future transactions will be tamper-proof and don’t require third-party oversight, building user trust and reliability. It’s also important to note that Elluminex will focus on educating users about security and decentralization to improve DeFi literacy. By providing essential knowledge on managing assets safely and understanding the risks and benefits of a decentralized system, Elluminex will empower users to make informed decisions and traverse the DeFi space with confidence. For more information about Elluminex visit the links below: Website: https://elluminex.com/ Twitter/X: https://x.com/elluminex Telegram: https://t.me/Elluminex Elluminex aims to be the first comprehensive DeFi hub on the TON blockchain, designed to revolutionize the DeFi landscape. Our mission is to provide a seamless and user-friendly platform that empowers users to trade, stake, farm, bridge, and track their portfolios with ease. By leveraging the power of the TON blockchain, Elluminex seeks to offer unparalleled speed, security, and scalability, bringing DeFi to a network with over 950 million active users and over 1 billion recorded transactions. Cryptocurrency markets are highly volatile, and regulation varies by jurisdiction. If you choose to engage with digital assets, be aware of the potential risks and refer to our Disclaimer for further details. By proceeding, you confirm that you are not a citizen or resident of the United States, United Kingdom, or any country where the purchase of Elluminex or $ELX tokens is restricted by law. Contact Details Andy Green support@elluminex.com Company Website https://elluminex.com/

November 15, 2024 09:40 AM Eastern Standard Time

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Investing In Craft: The Benefits Of Boutique Brands Like IBG’s Australian Bitters

Benzinga

By Kyle Anthony, Benzinga Everyone can appreciate a luxury experience, whether it is VIP treatment at an event or lounge access at the airport. Often, when luxury is discussed, one’s mind instinctively goes to price, when in truth, the defining attribute of luxury is also quality. Interestingly, one area of society where the expectation for quality is increasing is craft drinks; hand-made, high-quality beverages with a focus on experience, creativity and attention to every tiny detail. Central to the creation of any craft beverage or craft cocktail are the ingredients used and their combinations. Cocktail bitters, a concentrated flavoring made from herbs and botanicals, are often used to accentuate the flavor profile of a cocktail for full enjoyment. Innovation Beverage Group (NASDAQ: IBG), the developer, manufacturer and marketer of a diverse beverage portfolio, is attempting to reshape the craft beverage industry with its preeminent cocktail bitters brands, Australian Bitters and BitterTales Bitters. The Growth Of The Craft Cocktail Industry The craft beverage industry is rapidly evolving, with craft brewers branching out from the dominant category of beer, into new areas like spirits or cocktails. Key factors driving the trend of craft beverages is a desire for locally-sourced and more sustainable products. Likewise, consumers have been craving more variety and premium quality, with a 'ginnaissance' seeing people paying more for brands that pay close attention to the origin of botanicals and how they're distilled. Similarly, the global craft cocktails market is growing. According to research by Virtue Market Research, it was estimated to be worth $304 million in 2022 and is projected to reach a value of $837.22 million by 2030, growing at a CAGR of 13.5% during the forecast period 2023-2030. With individuals also desiring more bespoke and personalized experiences, craft cocktails have become a pathway for exploration and enjoyment. As noted in VMR’s report, customers want beverages that offer them an engaging, memorable experience that appeals to all of their senses, not just a way to quench their thirst. As such, a handmade cocktail can be a one-of-a-kind creation with premium ingredients and cutting-edge methods, which potentially further improves the drinking experience. The accessibility of diverse food cultures within major cities has also helped to popularize craft cocktails. Earlier this year, Bar Convent Berlin, the largest trade fair for the bar and beverage industry, published an article detailing cocktail inspirations from global culinary traditions, with various bartenders describing how their appreciation for food from other cultures influences their mixology. Similarly, consumers are becoming more aware of the origins of their food and beverages and are gravitating toward products that reflect authenticity and uniqueness. To produce inventive and distinctive flavor combinations, many bartenders and mixologists are also incorporating locally obtained ingredients. Bitters can play an important role in creating a cocktail, as it balances out the drink’s taste profile. Cocktails primarily contain sweet and sour flavors. By adding another primary taste, bitter, to mixed drinks, a cocktail is given a more complex and complete flavor profile. As such, the quality of the bitters used within a drink matters, as it is often the lynchpin upon which a consumer will fully appreciate the mosaic of elements present within a cocktail. IBG Aims To Have An Impact In The Crafted Cocktail Space With Australian Bitters And Bittertales Bitters IBG is an Australia-based company with a global perspective. Focused on premium and super-premium brands and market categories that can disrupt age-old brands, IBG’s Australian Bitters and BitterTales Bitters brands are striving to reshape the crafted cocktails landscape. According to Zacks, Australia is the second -largest global market for cocktail bitters, behind only the U.S. market, as such the learnings and insights the firm has gathered in its local market are aiding their expansion into the U.S. market. Australian Bitters, IBG’s most successful brand to date, is the first true challenger brand to a 200-year-old market leader, the company says. This has given it a market-dominating position in several territories, including a partnership in Australia with Coca-Cola Europacific Partners (CCEP). The Australian Bitters brand has four flavor offerings (aromatic, orange, grapefruit and barrel spice). BitterTales Bitters is a contemporary take on an enduring cocktail staple. Reflecting “exceptional quality and unparalleled value,” this product is unlike any other bitters brand on the market, the company states. Made with a proprietary mix of 20 herbs and spices, which the company says are seasonally sourced for optimal freshness and handcrafted in small batches, Bittertales Bitter could be a great ingredient for modern-day cocktail enthusiasts. Within IBG’s beverage portfolio, Australian Bitters and Bittertales Bitters are positioned as their value and premium offerings, respectively, potentially enabling them to capture different market segments. BitterTales is geared towards premium, cocktail-focused on-premises venues, whereas Australian bitters can be used for beginning mixologists or at-home cocktail makers, the company says. Both products have gained industry recognition for their quality and taste, with Australian Bitters receiving both gold and silver medals in LA Spirits Awards (2018) and BitterTales Bitters receiving Best In Show (2020), a Platinum Medial (2020) and Global Medals (2018 and 2021) at the LA Spirits Awards. IGB is also expanding its distribution, as noted in their recent investor presentation; discussions are at the final stages for CCEP to increase the distribution of Australian Bitters in Europe, namely, the United Kingdom, Germany, Spain and France. With 60 formulations across 13 alcoholic and non-alcoholic brands, the IBG is striving to be at the forefront of catering to evolving consumer preferences. As the firm expands into the U.S. market and globally, investors in IBG can participate in the potential growth of a company that is aiming to elevate the beverage landscape on my fronts. For more information on IBG's recent corporate activities and developments, read about their recent executive appointment and their partnership with Sysco (NYSE: SYY), a global leader in foodservice distribution. Featured photo by Aleksandar Andreev 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 is not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

November 15, 2024 08:30 AM Eastern Standard Time

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Fidelity's Bitcoin ETF Records Daily Inflow Of Over $8 Million

Cutoshi

Spot Bitcoin ETFs attracted a record-breaking inflow of close to $1.4B on Thursday, according to Senior ETF analyst Eric Balchunas. BlackRock’s iShares Bitcoin Trust collected more than $1.1B of this total. Other funds, including the Fidelity Wise Origin Bitcoin Fund, also attracted a noticeable daily inflow exceeding $8M. The surge coincided with BTC hitting the $76,943 mark. Tron also recorded an unprecedented surge in its transfer volume, which increased by 1928% over the year, as per data from Symbiosis. Moreover, as the two crypto giants continue to record impressive milestones, a new DeFi hybrid known as Cutoshi has also stood out, raising over 730K in its presale, which is only in 3rd stage. Cutoshi Farming Continues To Attract Major Investors Due to its unique innovations, Cutoshi is quickly becoming a viral crypto project. The project is designed to bring utility and luck to its investors through its unique hybrid DeFi ecosystem. Moreover, Cutoshi farming, now live, aims to provide its community members with a new way of earning money by completing quests and being rewarded with CUTO tokens. Cutoshi also stands out due to its decentralized exchange, offering users a low-fee, high-speed asset training experience across blockchains. The project also focuses on educating investors through the Cutoshi Academy, which helps learners understand the basics of DeFi and cryptocurrency technology. Through this feature, new investors could educate themselves about DeFi and discover new approaches to building a profitable portfolio. With a stage three presale price of $0.0259, Cutoshi is already offering over 70% ROI to early buyers. Given the CUTO token's capped supply of just 440M, this price is also set to surge in the next presale, which could help drive immense demand for the token, leading to token scarcity and driving the Cutoshi price even higher. Bitcoin Price Hits $77K Two Days After U.S. Election The price of Bitcoin crossed the $77K mark on November 8, setting a new ATH for the second consecutive day. This latest price mark was set just two days after Donald Trump won the US presidential election, topped with the election of several pro-crypto policymakers to Congress. With a market cap of over $1.5T, BTC is now the world’s ninth most valuable asset, surpassing Mark Zuckerberg’s Meta. Bitcoin’s YTD growth has also surged by over 115% as the BTC price trades around the $76,600 mark. Over the past month, the price of Bitcoin has surged by over 26%, with seasonal trends and halving-year data suggesting bullish prospects. Moreover, Bitcoin has always hit new highs during the previous two election cycles without returning to pre-election levels. Supported by technical indicators and the recent daily inflows of Bitcoin ETFs, the price of BTC could hit the $100K target before the year ends, followed by $200K by 2025. Adding to this momentum, the US Federal Reserve has lowered interest rates by 0.25%, a rare cut that could contribute to Bitcoin’s bullish sentiment. Tron Dao Unveils Tron-Peg USD Coin For Cross-Chain Transactions On Blockchain Tron Dao has unveiled the Tron-Peg USD Coin within the TRX blockchain, a new cross-chain designed to streamline global transactions while expanding Tron’s stablecoin ecosystem. This launch will allow users to leverage USD Coin across the TRX network, enhancing cross-chain functionality for a seamless and secure transaction. Tron-Peg USD Coin will simplify USDC transfers within Ethereum and Tron, establishing itself as a stablecoin bridge. Moreover, qualified users can acquire the Tron-Peg USD Coin through a straightforward cross-chain process. This strategic launch comes when Tron’s price performance has recorded a weekly dip of over 3% to trade around the $0.16 mark. If Tron’s price manages to overcome the $0.16 position, it would be on a path for further gains towards $0.17. Its RSI is also at 47, which suggests that the asset is still in a neutral position. Its 50—and 100-day SMAs, which are at $0.1593 and $0.1526, provide significant support should the TRX price dip. Can Cutoshi Mirror BTC Price Performance In Q4? As Bitcoin continues to experience significant price performance, Cutoshi is also looking to push Ethereum-based meme coins back into the limelight. Due to the project's DeFi ecosystem and built-in utilities, its growing presale is set to record significant price performance in Q4. For more information on the Cutoshi (CUTO) Presale: https://cutoshi.com/ Join and become a community member: https://twitter.com/CutoshiToken https://t.me/cutoshi Welcome to Cutoshi, the revolutionary meme coin, DeFi hub and educational platform inspired by the Lucky Cat and Satoshi Nakamoto’s teachings. Traditionally, people put the Lucky Cat in their homes and businesses to maximize its lucky powers and bring them good fortune and wealth. Now Cutoshi the Lucky Cat is on the blockchain bringing luck, prosperity, and wealth to your digital assets. Cutoshi is creating a path to financial freedom, for those who choose to honor the power of the Lucky Cat. Supporting the principles of freedom, privacy, anonymity, and monetary empowerment for the masses. Cutoshi aims to bring the benefits of blockchain to everyone. Contact Details Cutoshi hello@cutoshi.com Company Website https://cutoshi.com/

November 14, 2024 10:42 AM Eastern Standard Time

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Cutoshi Hits #1 Worldwide And In The USA – The Hype Behind $CUTO’s Explosive Growth

Cutoshi

Cutoshi, a memeFi project in presale, took X by storm yesterday as it went viral and took the number 1 trending spot worldwide and in the USA, for over 8 hours. This hype also spread worldwide, as $CUTO became the trending keyword for all countries. The term DeFi was also trending worldwide yesterday, showing that Cutoshi is proving itself to be one of the hottest decentralized crypto projects around. Meme Appeal Cutoshi is cute and catchy, bringing Lucky Cat energy to the blockchain and people’s digital assets. As crypto booms thanks to new all-time highs for Bitcoin, memecoins continue to dominate the market as the most profitable and engaged-with sector in crypto. And as of today, the meme coin market cap is at $105 billion according to CoinMarketCap, with a 24 hour trading volume of $60 billion. That shows us that a lot of people are trading memes right now. DOGE has been on a tear and has also been trending on X since the US elections, proving the enduring nature of important memecoins. MemeFi Hybrid Approach While DOGE has a first mover advantage as a memecoin, Cutoshi is new and in presale. There is another important difference between the two coins - utility. Dogecoin doesn’t have utility, or at least very little (it's accepted as payment in certain places, according to their website). Cutoshi, on the other hand, does. Cutoshi is currently building a cross-chain DEX to simplify swapping and trading on the blockchain, and a whole ecosystem revolving around the benefits of DeFi. The aim is to introduce people to DeFi and then help them to make the most out of it, and that’s why they are offering a learning academy to help people find out more in a fun way. $CUTO will be used throughout the ecosystem, ensuring that the token has true utility, which is essential for ensuring the price moves in the right direction. Fun And Community Is Key All good crypto projects have a loyal community. Decentralized exchanges like Uniswap and 1inch clearly have a loyal community. Cutoshi is currently engaging their growing community through quests and challenges such as meme-making. And because people love the fun of competition, they have built a leaderboard so that people can spur each other on. These quests accrue points, which will be swapped for $CUTO tokens, airdropped once the coin goes live. This ensures that all early community members are rewarded for their participation and can have more skin in the game. Over 1500 people have taken part in the quests within days of launch. Cutoshi Investors Are Early As anyone who’s taken a look at meme coins like Dogecoin and Shiba Inu knows, the ones who got in early profited the most, with DOGE up by an impressive 435,594% since its launch and SHIB up by an amazing 42,665,342%. Just $10 invested at this time in SHIB would have made a current holder over $4 million dollars! Although returns like this are exceptional, new coins are the way to get huge gains. Cutoshi is currently in presale phase; given the hype around it, it could be the next life-changing coin for wealth generation. For more information on the Cutoshi (CUTO) Presale: https://cutoshi.com/ Join and become a community member: https://twitter.com/CutoshiToken https://t.me/cutoshi Welcome to Cutoshi, the revolutionary meme coin, DeFi hub and educational platform inspired by the Lucky Cat and Satoshi Nakamoto’s teachings. Traditionally, people put the Lucky Cat in their homes and businesses to maximize its lucky powers and bring them good fortune and wealth. Now Cutoshi the Lucky Cat is on the blockchain bringing luck, prosperity, and wealth to your digital assets. Cutoshi is creating a path to financial freedom, for those who choose to honor the power of the Lucky Cat. Supporting the principles of freedom, privacy, anonymity, and monetary empowerment for the masses. Cutoshi aims to bring the benefits of blockchain to everyone. Contact Details Cutoshi hello@cutoshi.com Company Website https://cutoshi.com/

November 13, 2024 10:09 AM Eastern Standard Time

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SPARK Microsystems Redefines Wireless Gaming with New 8K Mouse Reference Design

SPARK Microsystems

SPARK Microsystems, a Canadian fabless semiconductor company specializing in next-generation short-range wireless communications, today announced the release of its 8K gaming mouse reference design, supporting polling rates up to 8,000 Hz. Built for high-performance gaming and esports, this new design harnesses SPARK’s SR1020 ultra-wideband (UWB) wireless transceiver, offering a wireless gaming experience that matches the performance of wired solutions. The 8K mouse reference design is specifically engineered to meet the needs of competitive gamers, offering the seamless, high-speed responsiveness typically associated with wired mice. SPARK’s UWB technology delivers ultra-low latency of 0.2 ms and remarkably low power consumption – 30% or more lower than 2.4 GHz gaming mice at 8,000 Hz. SPARK’s technology outperforms traditional wireless standards by avoiding interference with the congested 2.4 GHz spectrum, ensuring an uninterrupted gaming experience free from the lag and delays often found in traditional wireless solutions. “Our focus at SPARK is on delivering practical innovations in short-range wireless communications, making it faster, more efficient, and seamlessly responsive" said Dr. Abdul Hafiz Alameh, PhD, Director of Product Marketing, SPARK Microsystems. "Our 8K mouse reference design, powered by the SR1020 UWB transceiver, provides industry-leading performance —offering a gaming experience indistinguishable from wired solutions.” Key features of SPARK’s 8K gaming mouse reference design include: Polling Rate: Unmatched smoothness and responsiveness with configurable polling rates up to 8 kHz. Ultra-Low Latency: Latency of 0.2 ms ensures a real-time response indistinguishable from wired solutions. Low Power Operation: Significantly reduced power consumption for extended battery life and smaller battery sizes. Low Interference: Operates outside congested frequency bands, avoiding the performance bottlenecks of traditional wireless systems. The new 8K gaming mouse reference design showcases the SR1020 UWB transceiver’s advanced capabilities, allowing for sustained high data rates while consuming minimal power. Gamers benefit from longer battery life and lighter, more agile designs, all without sacrificing performance. The design is part of SPARK’s growing ecosystem of reference designs, aimed at enhancing wireless capabilities in gaming, consumer electronics, and IoT markets. About SPARK Microsystems SPARK Microsystems is building next generation short-range wireless communication devices. SPARK provides high data rate and very low latency wireless communication links at an ultra-low power profile, making it ideal for personal area networks (PANs) used in mobile, consumer and IoT-connected products. Leveraging patented technologies, SPARK Microsystems strives to minimize and ultimately eliminate wires and batteries from a wide range of applications while delivering a wired-like performance. For more information, please visit www.sparkmicro.com. Contact Details Jenna Beaucage +1 508-340-6851 jbeaucage@rainierco.com Company Website https://www.sparkmicro.com

November 13, 2024 09:33 AM Eastern Standard Time

Blackrock Bitcoin ETF Sees Outflow After U.S. Election Results, Tron Integration Causes A Stir As Cutoshi Hits $800K Mark

Cutoshi

Blackrock Bitcoin ETF Sees Outflow After U.S. Election Results, Tron Integration Causes A Stir As Cutoshi Hits $800K Mark The US presidential election race is over, and the atmosphere in the crypto market is one of glee as the market warms up to the news of Donald Trump’s presidency. Bitcoin (BTC), as expected, was one of the first to hit new heights, and the rest of the market followed accordingly. But prior to all that spike in the BTC price, Bitcoin ETFs were on a streak of outflows. Even Tron (TRX) is yet to join the profit train, but Cutoshi (CUTO) is trending among traders. Despite Bitcoin Price Surge, Bitcoin ETFs Dip The US elections were supposed to be a boost to the Bitcoin ETFs, but unlike the Bitcoin price, they were on a dip in the run-up to the election. The iShares Bitcoin Trust led the losses at the start of the week, with $44.2 million in outflows even before election day. BlackRock and ten of the other ETFs posted $116.8 million outflows on election day, led by the Fidelity Wise Origin Bitcoin Fund. It was a rare occurrence for most of the ETFs, especially BlackRock stating only its sixth day of loss since its launch in January. Their fortunes changed with the election results, when the BTC price broke past its $75,000 resistance. The Bitcoin ETFs recorded over a billion dollars in inflows on election day, with BlackRock seeing injections up to $1.1 billion on that day. The next few days will be crucial as the market anticipates further surges in the BTC price. Tron Integrations See Chainlink Oracle Links And ETH-TRX Bridges Tron (TRX) founder Justin Sun announced the introduction of Chainlink's oracle feeds to the Tron blockchain to increase security to its DApps, typically JustLend and JustStable. Both DeFi apps are worth about $6.5 billion on the network. Sun made the statement at the Chainlink SmartsCon event in Hong Kong, of which Tron (TRX) was a silver sponsor. The founder stated that the TRON crypto network was going to join in the Chainlink Scale Program, integrating the oracles to also provide developers with access to reliable oracle services, as well as opportunities for the stablecoins and RWAs locked on the blockchain. For the USDC on Tron (TRX), there are new bridges connecting the network with Ethereum through the TRON-Peg USD coin. The token facilitates smoother stablecoin transfer between both chains, contributing to the growing wave of interoperability that is taking over the DeFi space. The TRON price is currently trading at a weekly 3.59% loss, but the new development on the project could soon drive the TRON price into bullish trends. Cutoshi: Meme Coin Combined With DeFi Utilities Cutoshi’s origin is firmly rooted in meme and DeFi, sporting the lucky charm the Lucky Cat and blockchain principles from Bitcoin (BTC) creator Satoshi Nakamoto's teachings. The Decentralized Exchange platform is an avenue for users, especially the meme enthusiasts on the ecosystem, to access token swap and exchange services without leaving the interface. The traffic and insecurity of current exchanges makes Cutoshi's DEX a great alternatives option for traders. Another standout feature of the Cutoshi (CUTO) project will be its token farming. Users earn tokens by participating in challenges and completing tasks to accumulate points. These points can then be redeemed into CUTO tokens to boost investors' crypto portfolios. The token farming is already live, and more than 1500 users are already actively raking in rewards. The $CUTO token presale has raised over $800,000 so far. This traction doesn’t look like it’s going to slow down anytime soon. CUTO Attracts Massive Investors Inflow Bitcoin (BTC) and TRON (TRX) have experienced contrasting fates recently. The Bitcoin price is touching new highs, and TRX is still deep in bullish waters with TRON’s recent integration. The Cutoshi project is attracting investor interest with its presale and CUTO farming features that let users earn while having fun. The new meme coin could potentially deliver bigger gains than other top meme coins. For more information on the Cutoshi (CUTO) Presale: https://cutoshi.com/ Join and become a community member: https://twitter.com/CutoshiToken https://t.me/cutoshi Welcome to Cutoshi, the revolutionary meme coin, DeFi hub and educational platform inspired by the Lucky Cat and Satoshi Nakamoto’s teachings. Traditionally, people put the Lucky Cat in their homes and businesses to maximize its lucky powers and bring them good fortune and wealth. Now Cutoshi the Lucky Cat is on the blockchain bringing luck, prosperity, and wealth to your digital assets. Cutoshi is creating a path to financial freedom, for those who choose to honor the power of the Lucky Cat. Supporting the principles of freedom, privacy, anonymity, and monetary empowerment for the masses. Cutoshi aims to bring the benefits of blockchain to everyone. The regulatory environment surrounding cryptocurrencies is evolving and varies across jurisdictions. It is your responsibility to ensure compliance with applicable laws and regulations in your country or region before engaging with Custoshi. Contact Details Cutoshi hello@cutoshi.com Company Website https://cutoshi.com/

November 13, 2024 06:45 AM Eastern Standard Time

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Steve Patton Named Senior Vice President of Simplified Issue Solutions for AmeriLife Health

AmeriLife

AmeriLife Group, LLC (“AmeriLife”), a national leader in developing, marketing, and distributing life and health insurance, annuities, and retirement planning solutions, announced today that longtime insurance industry veteran Steve Patton has been named Senior Vice President of Simplified Issue Solutions for AmeriLife’s Health Distribution organization. Reporting to AmeriLife’s Chief Distribution Officer for Health Scotty Elliott, Patton will play a pivotal role in shaping and executing AmeriLife Health Distribution’s simplified issue product strategy and roadmap for its Medicare Supplement insurance, final expense life insurance, and health specialty offerings. In this role, Patton will also serve as both a product expert and key liaison with AmeriLife’s carrier partners to help maximize and expand our partnerships and drive increasing value across AmeriLife’s Health Distribution network. “Our decision to appoint Steve underscores our commitment to leveraging top talent in the industry to drive innovation and excellence in our offerings,” said Elliott. “With Steve at the helm, AmeriLife is poised to strengthen its position as a leading distributor of solutions that deliver on our promise of empowering beneficiaries’ holistic wellbeing while continuing to fuel our business’s continued growth.” “I have been blessed to be part of this rewarding industry for more than three decades and am incredibly excited to become part of an extraordinary organization such as AmeriLife,” added Patton. “Abraham Lincoln once said, ‘If opportunity doesn’t knock, build a door,’ and that’s what is truly exciting about the team at AmeriLife: they are building doors to a brighter, more successful future. I’m proud to now be a part of those efforts.” Patton brings a depth of knowledge and expertise to AmeriLife. Prior to joining the company, he served in various key roles, displaying a proven track record of strategic leadership, revenue generation, training, and innovation. For the past 18 years, Patton worked in increasingly senior leadership roles for Aetna’s Supplemental Insurance Division, most recently as its Executive Director and Head of Sales in which he was responsible for all senior product sales. In this role, he also oversaw product and market development, reinsurance, direct-to-consumer sales, and channel development, all while leading a team of 30 insurance professionals across the United States. Patton began his career as a licensed sales agent at Liberty National Life Insurance Company in Lawrenceburg, Tennessee. Patton resides just outside of Nashville with his wife, Tonya, of 32 years. Together, they are deeply involved in their local community, church, and family life, enjoying the outdoors and time spent with their three children. ### About AmeriLife AmeriLife’s strength is its mission: to provide insurance and retirement solutions to help people live longer, healthier lives. In doing so, AmeriLife has become recognized as an industry leader in developing, marketing and distributing life and health insurance, annuities, and retirement planning solutions to enhance the lives of pre-retirees and retirees across the United States. For more than 50 years, AmeriLife has partnered with top insurance carriers to provide value and quality to customers served through a national distribution network of over 300,000 agents and financial professionals and more than 160 marketing organizations and insurance agencies. For more information, visit AmeriLife.com, and follow AmeriLife on Facebook and LinkedIn. Contact Details Media Jeff Maldonado +1 321-297-1112 media@amerilife.com Partnership Inquiries Alex Hyer corporatedevelopment@amerilife.com Company Website https://amerilife.com/

November 11, 2024 09:00 AM Eastern Standard Time

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Smart Glasses To Reach Nearly $16 Billion By 2027

Benzinga

By Johnny Rice, Benzinga Eyal Peso, co-founder and CEO of Gauzy (NASDAQ: GAUZ) and Joseph Harary, president and CEO of Research Frontiers (NASDAQ: REFR), were recently guests on Benzinga’s All-Access. The two discussed the boom in smart glass technology and its exciting future. Gauzy is a fully-integrated light and vision control company focused on the research, development, manufacturing and marketing of vision and light control technologies. This tech aims to support safe, sustainable, comfortable and agile user experiences across various industries. Research Frontiers is the developer of patented SPD-Smart light-control film technology which allows users to instantly, precisely and uniformly control the shading of glass or plastic products, either manually or automatically. Watch the full interview here: Featured photo by GianCarlo Greco 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 is not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

November 11, 2024 08:45 AM Eastern Standard Time

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