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Alarming Surge: US Records Over 600 Mass Shootings in 2023

MarketJar

Just when you thought the gun violence in the US couldn’t get any worse, the nation is on track to hit a new record in mass shootings. So far in 2023, America has witnessed 618 mass shootings, signaling a troubling trend. 1 The data suggests a pace toward 700 mass shootings for the year, raising concerns about the ongoing surge in both shootings and fatalities. Tragically, the number of deaths resulting from gun violence remains at multi-year highs. In 2023 alone, more than 17,000 lives have been lost, compared to 20,200 in 2022, 21,009 in 2021, and 19,558 in 2020. Just a few weeks ago, the US witnessed its deadliest mass shooting of the year. On October 25, a devastating incident in Lewiston, Maine, claimed the lives of 18 people, with 13 others sustaining injuries. The perpetrator, identified as 40-year-old Army Reservist Robert Card, was found dead from a self-inflicted gunshot wound after a two-day manhunt by law enforcement. In response to the escalation in mass shootings, cities across the US are taking comprehensive measures to address gun violence and enhance public safety. While metal detectors are becoming a new norm in public places and school premises, the advent of ghost guns is making such preventative measures less effective. Meanwhile, advanced public safety technology company Knightscope, Inc. (NASDAQ:KSCP) is looking to help combat rising gun violence with a hyper-targeted approach. The Solution: Automated Gunshot Detection Knightscope, a leading developer of autonomous security robots (ASRs) and blue light emergency communication systems, just commenced sales of its real-time, automated gunshot detection (AGD) systems for both indoor and outdoor use. The system offers flexible installation options, including optional solar power or light pole kits and can be added to new or existing K1 Blue Light Towers. Knightscope 's decision to introduce this solution responds directly to requests from schools, corporations, airports, hotels, and municipalities considering the adoption of gunshot detection systems as part of their active threat and emergency response strategies. The AGD system is notable for its precision in locating gunshots, identifying both the horizontal and vertical positions. This feature is critical in rapidly directing police and security response to active shooter incidents, potentially saving lives and improving emergency response efficiency. Knightscope ’s initiative reflects a growing trend in security technology – focusing on rapid, accurate detection to improve public safety outcomes. Beyond just detection, Knightscope' s AGD system aims to reduce the prevalence of false alarms and work in tandem with other security measures. Upon detecting a gunshot, it sends notifications within two seconds, assuming adequate cellular connectivity. This approach by Knightscope represents a shift towards more localized, immediate response strategies in contrast to wider, city-wide systems, emphasizing the need for targeted and effective security solutions in contemporary public spaces. The company advocates for this on-site, focused approach as more effective than broader, city-wide systems. This innovation reflects Knightscope' s commitment to enhancing security measures in places where people live, work, study, and visit. For those interested in learning more about Knightscope's innovations and ongoing projects, additional information can be found by visiting the website of Knightscope, Inc. (NASDAQ:KSCP). Footnotes: [1] https://www.gunviolencearchive.org/ Disclosure: 1) The author of the Article, or members of the author’s immediate household or family, do not own any securities of the companies set forth in this Article. The author determined which companies would be included in this article based on research and understanding of the sector. 2) The Article was issued on behalf of and sponsored by, Knightscope, Inc. Market Jar Media Inc. has or expects to receive from Knightscope, Inc.’s Digital Marketing Agency of Record (Native Ads Inc.) two hundred and sixty-six thousand USD for 89 days (63 business days). 3) Statements and opinions expressed are the opinions of the author and not Market Jar Media Inc., its directors or officers. The author is wholly responsible for the validity of the statements. The author was not paid by Market Jar Media Inc. for this Article. Market Jar Media Inc. was not paid by the author to publish or syndicate this Article. Market Jar has not independently verified or otherwise investigated all such information. None of Market Jar or any of their respective affiliates, guarantee the accuracy or completeness of any such information. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security. Market Jar Media Inc. requires contributing authors to disclose any shareholdings in, or economic relationships with, companies that they write about. Market Jar Media Inc. relies upon the authors to accurately provide this information and Market Jar Media Inc. has no means of verifying its accuracy. 4) The Article does not constitute investment advice. Each reader is encouraged to consult with his or her individual financial professional and any action a reader takes as a result of the information presented here is his or her own responsibility. By opening this page, each reader accepts and agrees to Market Jar Media Inc.’s terms of use and full legal disclaimer as set forth here. This Article is not a solicitation for investment. Market Jar Media Inc. does not render general or specific investment advice and the information on PressReach.com should not be considered a recommendation to buy or sell any security. Market Jar Media Inc. does not endorse or recommend the business, products, services or securities of any company mentioned on PressReach.com. 5) Market Jar Media Inc. and its respective directors, officers and employees hold no shares for any company mentioned in the Article. 6) This document contains forward-looking information and forward-looking statements, within the meaning of applicable Canadian securities legislation, (collectively, “forward-looking statements”), which reflect management’s expectations regarding Knightscope, Inc.’s future growth, future business plans and opportunities, expected activities, and other statements about future events, results or performance. Wherever possible, words such as “predicts”, “projects”, “targets”, “plans”, “expects”, “does not expect”, “budget”, “scheduled”, “estimates”, “forecasts”, “anticipate” or “does not anticipate”, “believe”, “intend” and similar expressions or statements that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved, or the negative or grammatical variation thereof or other variations thereof, or comparable terminology have been used to identify forward-looking statements. These forward-looking statements include, among other things, statements relating to: (a) revenue generating potential with respect to Knightscope, Inc.’s industry; (b) market opportunity; (c) Knightscope, Inc.’s business plans and strategies; (d) services that Knightscope, Inc. intends to offer; (e) Knightscope, Inc.’s milestone projections and targets; (f) Knightscope, Inc.’s expectations regarding receipt of approval for regulatory applications; (g) Knightscope, Inc.’s intentions to expand into other jurisdictions including the timeline expectations relating to those expansion plans; and (h) Knightscope, Inc.’s expectations with regarding its ability to deliver shareholder value. Forward-looking statements are not a guarantee of future performance and are based upon a number of estimates and assumptions of management in light of management’s experience and perception of trends, current conditions and expected developments, as well as other factors that management believes to be relevant and reasonable in the circumstances, as of the date of this document including, without limitation, assumptions about: (a) the ability to raise any necessary additional capital on reasonable terms to execute Knightscope, Inc.’s business plan; (b) that general business and economic conditions will not change in a material adverse manner; (c) Knightscope, Inc.’s ability to procure equipment and operating supplies in sufficient quantities and on a timely basis; (d) Knightscope, Inc.’s ability to enter into contractual arrangements with additional Pharmacies; (e) the accuracy of budgeted costs and expenditures; (f) Knightscope, Inc.’s ability to attract and retain skilled personnel; (g) political and regulatory stability; (h) the receipt of governmental, regulatory and third-party approvals, licenses and permits on favorable terms; (i) changes in applicable legislation; (j) stability in financial and capital markets; and (k) expectations regarding the level of disruption to as a result of CV-19. Such forward-looking information involves a variety of known and unknown risks, uncertainties and other factors which may cause the actual plans, intentions, activities, results, performance or achievements of Knightscope, Inc. to be materially different from any future plans, intentions, activities, results, performance or achievements expressed or implied by such forward-looking statements. Such risks include, without limitation: (a) Knightscope, Inc.’s operations could be adversely affected by possible future government legislation, policies and controls or by changes in applicable laws and regulations; (b) public health crises such as CV-19 may adversely impact Knightscope, Inc.’s business; (c) the volatility of global capital markets; (d) political instability and changes to the regulations governing Knightscope, Inc.’s business operations (e) Knightscope, Inc. may be unable to implement its growth strategy; and (f) increased competition.Except as required by law, Knightscope, Inc. undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future event or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events. Neither does Knightscope, Inc. nor any of its representatives make any representation or warranty, express or implied, as to the accuracy, sufficiency or completeness of the information in this document. Neither Knightscope, Inc. nor any of its representatives shall have any liability whatsoever, under contract, tort, trust or otherwise, to you or any person resulting from the use of the information in this document by you or any of your representatives or for omissions from the information in this document. 7) Any graphs, tables or other information demonstrating the historical performance or current or historical attributes of Knightscope, Inc. or any other entity contained in this document are intended only to illustrate historical performance or current or historical attributes of Knightscope, Inc. or such entities and are not necessarily indicative of future performance of Knightscope, Inc. or such entities. 8) Investing is risky. The information provided in this article should not be considered as a substitute for professional financial consultation. Users should be aware that investing in any form carries inherent risks, and as such, there is a possibility of losing some or all of their investment. The value of investments can fluctuate significantly within a short period, and investors must understand that past performance is not indicative of future results. Additionally, users should exercise caution as transactions involving investments may be irreversible, even in cases of fraud or accidental actions. It is crucial to acknowledge that rapidly evolving laws and technical issues can have adverse effects on the usability, transferability, exchangeability, and value of investments. Furthermore, users must be cognizant of potential security risks associated with their investment activities. Individuals are strongly encouraged to conduct thorough research, seek professional advice, and carefully evaluate their risk tolerance before engaging in any investment endeavors. Market Jar Media Inc. is neither an investment adviser nor a broker-dealer. The information presented on the website is provided for informative purposes only and is not to be treated as a recommendation to make any specific investment. No such information on PressReach.com constitutes advice or a recommendation. Contact Details James Young +1 800-340-9767 campaigns@pressreach.com Company Website https://pressreach.com

November 29, 2023 10:40 AM Eastern Standard Time

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Pending $400 Million Purchase Agreement To Advance Sharps Into Large Prefillable Syringe Market With Differentiated Copolymer Syringe Systems

Benzinga

By Meg Flippin, Benzinga Sharps Technology Inc. (NASDAQ: STSS) is an innovative medical device and pharmaceutical packaging company that seems positioned for growth through its commercial-ready, patented copolymer syringe products. The company recently announced a pending asset purchase agreement to acquire the InjectEZ specialty copolymer syringe manufacturing facility and a 10-Year purchase agreement for over $400 million from Nephron Pharmaceuticals, a privately held healthcare company. Sharps Technology has a stated mission to be a leader in the copolymer prefillable syringe system segment as the pharmaceutical industry shifts toward using these applications. The market opportunity that Sharps has identified, through target customers in the large-cap pharmaceutical and specialty biotech segments of the market, represents a significant opportunity for the company with opportunities for growth and profitability. The company says its advanced syringe offerings are easy to use and have built-in features to protect a person from needle stick injuries, blood-borne infections like hepatitis B and C and HIV. Vaccinations, medicine delivery and newly approved drug administration via the biotech industry are leading applications for Sharps’ syringes, and it’s a market growing at a CAGR of 11.95% from 2022 to 2030. Sharps’ Differentiated Products Are Stronger Than Glass When it comes to prefilled syringes, not all of them are created equal. Glass syringes have been the de facto standard but they have deficiencies that need to be overcome whether in a hospital setting or at home. For starters, glass syringes are prone to breakage as compared to Sharps’ COC (cyclic olefin copolymer) based prefilled syringes. Sharps’ copolymer products address many of the other historic deficiencies that glass-based syringes experience in the field. At present, COC syringes are comparable to glass in terms of barrier quality, long term drug stability and imperviousness to oxygen and water vapor contamination. They can exceed glass syringes in breakage rates, drug shelf life, cold chain storage, and cost to manufacture. Sharps’ product pipeline and market strategy will include a broad range of sizes, silicon free systems that address contamination issues for the healthcare market, dual chamber systems that improve drug shelf life while reducing unnecessary packaging and customized solutions for systems that serve the growing autoinjector segment. To further the market, Sharps recently inked a deal with Nephron Pharmaceuticals Corp. to make these advanced syringe systems. Nephron is a leader in contract manufacturing of generic medications and 503B outsourcing that includes extensive use of prefillable sterile syringes. Under the terms of the deal, Sharps will acquire Nephron’s InjectEZ specialty syringe manufacturing facility for $50 million. This includes a 10-year purchase agreement for over $400 million from Nephron Pharmaceuticals for Sharps’ next-generation copolymer prefillable syringe systems. Understanding The Prefillable Syringe Market The prefillable syringe market is a sub-industry within the healthcare sector that is growing faster than GDP at a 4x multiple of GDP. The U.S. market has seen growth over the past few years, driven by reducing hospital errors and administration injuries, increased use of biologics and biosimilars that require administration by injection, and need for more efficient drug delivery systems. Injectables were 37% of the global drug delivery market in 2017 and increased to 44% by 2021, even before COVID vaccines further increased syringe demand. Prefillable syringe capacity is at a premium, due to the global lack of capacity, increasing demand and technical challenges in production. Specifically, prefillable COC syringe demand growth is outstripping industry capacity. Additionally, these products are increasingly being used in the delivery of biologic drugs, biosimilars and in the development of new formulations of existing drugs. Larger molecules are becoming more complex and require exceptional delivery mechanisms. Copolymer Prefillable Syringes: A Niche Market That Seems To Be Taking Off The prefilled syringe market has growth prospects within the healthcare sector and Sharps will serve both Nephron and other pharmaceutical and healthcare customers within the copolymer segment of the market. With a lack of available capacity for these products and the technical challenges in producing them, Sharps says that it is at an advantage in the marketplace. The company has assembled a management team with a wealth of experience in developing copolymer syringes, which many rivals can’t claim. That’s evident with its Nexent line of syringes made of advanced polymer material for improved long-term drug stability and preserved efficacy. The material is also break-resistant and includes a robust container closure system utilizing common, industry standard rubber formulations, making it easier to pass regulatory scrutiny. Sharps sees a big market opportunity with its copolymer prefillable syringes including biologics and cold chain vaccines, serving potential customers in Japan, Europe, and North America, three regions with increasing demand through their rapidly aging populations. “With this landmark purchase agreement in place for our copolymer prefillable syringes, we will accelerate the realization of our shared goals, transition the company to revenue, and propel Sharps into a new phase of growth and sustainability,” commented Robert Hayes, Sharps CEO. “At the forefront of our growth trajectory are our copolymer-based prefillable syringe systems, a sector that is experiencing escalating market demand and is poised to shape the future of Sharps Technology.” To review the corporate website, CLICK HERE. To review the investors section for the website, CLICK HERE. This post contains sponsored content. This content is for informational purposes only and not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

November 29, 2023 09:25 AM Eastern Standard Time

Realbricks Is Unlocking High-Value Real Estate Investments For The Masses Through Fractional Ownership

Benzinga

By Faith Ashmore, Benzinga Begin your real estate investing journey on the Realbricks website! The world of real estate has long captivated investors looking for secure and profitable ventures. However, a new and exciting trend has emerged that appeals to a broader pool of investors with its promise of accessibility and diversification: fractional real estate. Fractional real estate fundamentally transforms the very notion of property ownership. Gone are the days when investors had to dedicate substantial resources to buy entire properties or rely solely on real estate investment trusts (REITs) for indirect exposure. Fractional ownership offers a unique solution, enabling individuals to own a fraction or share of a property, typically through digital platforms. This innovative model allows investors to purchase small portions of high-value properties, such as luxury vacation homes, commercial buildings or even residential complexes. The appeal lies in the opportunity for investors to gain exposure to previously inaccessible real estate markets, diverse property types and high-value assets that may have otherwise remained out of reach. In many ways, fractional ownership is democratizing the world of real estate. Historically, investing in real estate demanded significant financial resources, limiting this asset class mostly to the affluent. Fractional ownership now enables investors to participate in high-profile real estate ventures for a fraction of the price, opening doors to a wider investor base. The advent of online platforms and digital marketplaces has also streamlined the process, making investing in real estate as easy as a few clicks. With millennials increasingly disillusioned with traditional investment avenues, fractional real estate offers a fresh and exciting opportunity for them to diversify their portfolios and engage with tangible assets that resonate with their aspirations for financial growth. Not to mention, in an era marked by market volatility and an ever-changing economic landscape, fractional real estate provides a compelling solution to mitigate risk and enhance portfolio diversification. By diversifying their holdings across multiple properties, locations and asset classes, investors can minimize exposure to any single property or market downturn. Fractional ownership oftentimes eliminates the burden of day-to-day operations because it is typically accompanied by professional property management services. Fractional real estate investments can also generate consistent cash flow through rental income or profit-sharing models, providing stability and reducing dependence on the ebbs and flows of traditional financial markets. Among the companies that are facilitating this revolution is Realbricks, a proptech company that has recognized the increased opportunities that fractional real estate provides. The company created a platform that makes real estate investment accessible to anyone, anywhere – empowering all manner of investors to participate in the market. The company enables people to invest in vacation rentals like Airbnbs, long-term rentals, and multifamily properties without ever having to talk to a realtor. Its fractionalized approach to real estate investing means investors can gain access to properties that they would otherwise not have access to – with the ability to sell their shares at any time. The company’s platform integrates secondary markets and AI to provide investors with a comprehensive and efficient investment experience. With secondary markets, Realbricks allows investors to sell their ownership shares and access funds faster, providing liquidity to historically illiquid real estate assets. This integration enables investors to adjust their investments easily in response to changing circumstances, offering flexibility and adaptability. Realbricks also leverages AI to enhance the platform's capabilities. Through sophisticated algorithms, AI technology analyzes historical data, market trends and investor preferences to generate valuable insights. This integration of AI empowers investors with data-driven analysis, enabling them to gain a competitive edge in the competitive real estate market. Realbricks is also on the verge of expanding its offerings to include international investing, enabling investors to diversify their portfolios with properties from various continents without leaving their homes. This global perspective not only broadens investment options but also provides a layer of protection against localized economic challenges. A planned app launch in 2024 means the company – and potential real estate investors – have a lot to look forward to. At the heart of Realbricks' philosophy is a commitment to simplicity and security. Fractional real estate represents a revolutionary shift in the way investors engage with the real estate market. Its accessibility, diversification potential and ability to captivate younger generations make it one of the most intriguing investment avenues in recent times. By making real estate investment more accessible and convenient, Realbricks could be poised to revolutionize the industry and present a unique investment opportunity for individuals of all financial backgrounds. To learn more about Realbricks, click here. This post contains sponsored content. This content is for informational purposes only and not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

November 29, 2023 09:25 AM Eastern Standard Time

Active ETFs Appear Booming In 2023 — Tema ETFs Are Taking Them Into A New Direction

Benzinga

By Rachael Green, Benzinga The rapid emergence of the ETF industry, marked by its AuM growth from $1 trillion to $10 trillion this past decade, was driven by passive indexed funds which thrived in a low-rates, low-volatility environment. These funds offered low cost, low differentiation solutions to retail investors. As institutional investors overtake retail investors in ETF adoption, the landscape of the industry is set for a paradigm shift. The limitations of indexes are becoming increasingly apparent in a macro environment characterized by higher rates and higher volatility, which could stick around in the decade to come. The fundamental analysis and risk management that had been left behind by index funds are suddenly relevant again. Investors are consequently exploring alternative vehicles for their public equity exposures, namely active ETFs. Tema is one of the first independent thematic active ETF asset managers, but unlike competitors, is concentrating on underpenetrated, generational thematic trends that were previously inaccessible to investors. These themes include reshoring, oncology, luxury goods, cardiology and metabolics (Obesity and diabetes), and monopolies and oligopolies. The vulnerabilities of passive ETFs are becoming more apparent in the current environment Limited by the rigid nature of their underlying indices, passive funds lack the ability to dynamically respond and adapt to increasingly rapid and sharp changes in environment. These limitations undermine risk management efficacy and can ultimately compound risks for their investors. An example is the special premature rebalance the Nasdaq 100 index had to undergo this past summer. The disparity in performance within the index had over-concentrated its value, with the “Magnificent seven”, Alphabet (NASDAQ: GOOG), Amazon (NASDAQ: AMZN), Apple (NASDAQ: APPL), Meta (NASDAQ: META), Microsoft (NASDAQ: MSFT), Nvidia (NASDAQ: NVDA), and Tesla (NASDAQ: TSLA), reaching 55% of the index’s total value. The “special rebalance” not only revealed the concentration risks tied to indexation, but also exposed the arbitrage and front-running risks that passive vehicles can be exposed to, at the detriment of investors. Active ETFs have enjoyed record growth in 2023 While passive ETF growth has started to slow, active ETF growth is now accelerating fast, with over 20% of year-to-date asset flows. Yet the active space is still young, with only 5% of total ETF assets. “Active” simply indicates that a fund does not track an index, which gives issuers greater flexibility and creativity to build their products. These products have the potential to create more dynamic and precise exposures, and offer greater efficacy for risk management. The concerns with active management traditionally include higher fees, concentration risk, and ultimately disappointing performance. Tema believes a bottom-up approach to active management starting with risk management provides a proven and comprehensive solution to these latter concerns. Tema’s investment and risk management philosophy has an acute focus on mitigating downside risk. Previous academic studies have highlighted the underperformance of active management can largely be attributed to downside risk exposure. Active ETFs can allow for better risk management The discretion provided by active management allows Tema to proactively manage risk and capitalize on market dislocations in a disciplined way. For example, Tema’s risk management approach limits the size of any one company in a portfolio, thereby limiting concentration risk. Similarly, the flexibility of active management allows Tema to anticipate market events and position accordingly especially given the seasoned experience of Tema’s portfolio managers. This was evidenced most recently in the luxury space when Tema anticipated a Q3-2023 sell-off in luxury by increasing the cash position in the fund at the end of Q2-2023 to 20% temporarily. Tema ETFs focuses on themes with inherent indexation limitations Active management also provides the flexibility to access themes that are hard to index by nature of their constituents and underlying industries. Take for example Reshoring or Luxury, themes in which Tema launched the first US listed ETFs earlier this year. Tema’s American Reshoring ETF (NYSEARCA: RSHO), for example, seeks long-term growth by investing in companies that either enable the relocation of manufacturing and supply chains back to the United States or benefit from it. “Reshoring is a structural trend spurred by a confluence of factors including political and trade tensions, deglobalization and supported by unprecedented government spending. We think that reduced order cycles, lower inventories and more reliable supply chains should provide such companies with durable competitive advantages and higher sustainable growth outlooks,” said RSHO fund manager Chris Semenuk in a statement on the ETF’s launch. Reshoring companies are not clear-cut by nature of their industry classifications. As a result, reshoring beneficiaries and enablers are identified and analyzed based on bottom-up fundamental analysis that an index couldn’t replicate. Once the relevant securities have been selected, the portfolio construction follows a systematic approach which sizes positions based on conviction: highest, higher or foundational positions, depending on the manager’s relative confidence in that stock’s long-term potential. A similar bottom-up, innovative approach underpins Tema’s Luxury ETF (NYSEARCA: LUX) which invests in the global luxury industry. While luxury goods indexes exist, Tema saw a lack of precision in which companies are included in them. “We believe existing luxury investment indexes are undermined by construction issues and conflate bland consumer exposure with quality luxury exposure,” said Tema CEO Maurits Pot. “Furthermore, the luxury industry demonstrates high performance dispersion between longer-term outperforming and underperforming companies. While companies such as LVMH have generated consistent long-term returns for shareholders, companies such as Tods and Ferragamo have failed to generate shareholders for over ten years.” Luxury indices include mass consumer goods companies such as Apple or Nike which are fundamentally different to pure luxury brands such as Hermes or Louis Vuitton. Luxury brands are underpinned by exclusivity, aspirational desires and craftsmanship while mass consumer companies serve more functional and less aspirational roles. As a result, luxury companies have superior profitability, pricing power and different growth drivers. The Tema luxury ETF aims to provide pure, undiluted exposure to the luxury market. Tema’s other ETFs offer a similar level of expertise-driven thematic construction: The Monopolies and Oligopolies ETF (CBOE: TOLL) comprises companies operating in a monopolistic or oligopolistic industry structure. Monopolistic structures are defined by sustainable competitive advantages and high barriers to entry, typically leading to high margins and profitability. The Oncology ETF (NASDAQ: CANC) invests in oncology companies leading the fight against cancer. A revolution in biology and biotechnology is driving significant advances in diagnosing and treating cancer. The Global Royalties ETF (CBOE: ROYA) is made up of companies across a range of industries that are all extracting consistent revenue streams from royalties collected on natural resources, music catalogs, or pharmaceuticals. These unique and under-penetrated themes either cannot be accessed, or would have significant limitations if offered through an indexed vehicle. Access, precision, and risk management ae some of the clear benefits to Tema’s innovative approach. 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 29, 2023 09:25 AM Eastern Standard Time

Wormhole Secures $225 Million at a $2.5 Billion Valuation in Funding to Scale Blockchain Communication Network

Wormhole Foundation

Wormhole, the leading developer platform that allows blockchain networks to communicate with each other, has successfully closed its latest funding round, raising $225 million at a $2.5 billion valuation. Prominent investors in Wormhole include Brevan Howard, Coinbase Ventures, Multicoin Capital, Jump Trading, ParaFi, Dialectic, Borderless Capital, Arrington Capital, and more. “We are grateful to have support from such a strong group of backers as we continue to deliver critical infrastructure for Web3,” said Dan Reecer, Wormhole Foundation Chief Operating Officer. “We are ecstatic to bring more new and groundbreaking products to market as we head into next year, and look forward to continuing to support our ecosystem of developers who are building with our tools every day to expand their businesses and build great experiences for users. Robinson Burkey, the Wormhole Foundation’s Chief Commercial Officer, echoed this sentiment, saying, “I couldn’t be more excited about our position in the market and the opportunities for growth. We're laser-focused on bringing solutions to market that solve real problems for our customers and end-users, and are on a mission to enable real-world impact from the Web3 space. If you’re interested in this mission, we encourage you to chat with us about joining our team.” The Wormhole Foundation has also announced the launch of Wormhole Labs, emerging from stealth to become a core contributor to Wormhole. Wormhole Labs is an independent technology company that specializes in building products, tools, and reference implementations that help grow cross-chain activity and development. "Nearly three years ago, Wormhole was launched with the vision of a world resembling the one we see today. Where the relentless expansion of blockchains is not a niche transient trend but an enduring transformation. Where Fortune 100 companies onboard both public and private blockchains. We reaffirmed our commitment to this vision by launching Wormhole Labs, dedicated to advancing the technology that makes efficient blockchain-to-blockchain communication possible," said Saeed Badreg, Co-founder and CEO of Wormhole Labs Since its launch in 2021, Wormhole has become mission critical infrastructure for many of the industry’s biggest blockchains and projects. Wormhole has facilitated the transfer of over $35 billion in value and regularly processes over 2 million cross-chain messages across 30+ chains every day. For more information about the Wormhole and its innovative solutions, visit www.wormhole.com. “ About Wormhole Wormhole presents a cutting-edge platform for developers, enabling the creation of scalable and efficient decentralized applications. At the heart of its infrastructure lies a messaging protocol, a feature that facilitates secure and seamless value and data transfers across an extensive network of over 30 major blockchains and hundreds of applications. In the three years since its inception, Wormhole has facilitated over $35 billion in transfer volume, processed over 750 million cross-chain messages, and achieved a peak total value locked (TVL) of around $3.8 billion. Wormhole is used in a variety of use cases ranging from token bridging for chains like Ethereum and Solana, to cross-chain oracle data feeds, to NFT transfers, and more. Wormhole is strategically expanding its reach, serving not just decentralized developers but also catering to institutional needs, positioning itself as the leading blockchain communication network in the digital asset industry. About Wormhole Foundation Wormhole Foundation is the steward of Wormhole - the world’s first generalized messaging protocol. Our mission is to empower passionate people in the research and development of blockchain interoperability technologies. Through grants, research, and ecosystem programs, we seek to enable teams to build secure, open-source, and decentralized products within the Wormhole ecosystem. If you’re interested in helping achieve our mission, contact us at hello@wormhole.foundation. Contact Details Wahaj Khan wahaj@dittopr.co Company Website http://wormhole.com

November 29, 2023 09:00 AM Eastern Standard Time

Wormhole Labs emerges from stealth to accelerate innovation on Wormhole

Wormhole Foundation

Wormhole Labs, a technology company founded by former senior operators at Jump Trading, announced its launch today after a period of stealth to accelerate innovation on the Wormhole network, the world’s first interoperability protocol. Since its launch in 2021 as the world’s first generic messaging protocol, the Wormhole network has become mission-critical infrastructure for the biggest blockchains and currently supports hundreds of projects sending more than 2 million messages every day. In total, the network has facilitated the transfer of over $35 billion in value and has processed close to a billion messages. Wormhole’s technology has been adopted by the teams building industry leading protocols like Uniswap, Synthetix, Lido, Pyth, Threshold, and many more. Wormhole Labs is a technology company that specializes in building products, tools, and reference implementations to help grow the Wormhole network, as well as the broader cross-chain ecosystem. Operating independently provides the Wormhole Labs team an opportunity to double down and accelerate innovation on a widely-adopted project serving a critical need in crypto. “Like a lot of good ideas, when Wormhole was first launched in 2021, the concept of interoperability across blockchains was seen as premature,” said Saeed Badreg Co-Founder and CEO of Wormhole Labs. “Fast forward to today, and we’ve seen Wormhole’s uptake outstrip even our most ambitious targets.” "Like countries facilitating commerce across borders, each blockchain is its own economy needing easy trade to grow. At Wormhole Labs, we specialize in building the tools and infrastructure that make connecting across these digital borders seamless." Wormhole Labs has welcomed aboard 15 former engineers and product managers from Jump Trading Group. These professionals, who had already been contributing to the project during their tenure at Jump, bring a wealth of expertise and insight to the company. Helping co-found Wormhole Labs is the former founding PM of Stripe Crypto, Aakash Thumaty, “While I was at Stripe, we talked about our mission to increase the GDP of the internet. At Wormhole Labs, we’re fundamentally solving the same problem - building a developer platform that makes building in crypto more accessible and commercially viable.” “Wormhole has been a critical piece of infrastructure and gateway to the Solana network since 2021, enabling developers to easily onboard users to Solana,” said Anatoly Yakovenko, the co-founder of Solana. “ I’m excited that the exceptional engineering team at Wormhole Labs will bring even more development focus to Wormhole. I’m excited to see what Wormhole will build next." "I'm very excited about Synthetix and Wormhole Labs codeveloping core infrastructure for upcoming versions of Synthetix." – Kain Warrick Founder of Synthetix Protocol "Having known the team at Wormhole Labs for many years, we're thrilled to see such a talented group take this big step in the benefit of the project. Wormhole has always been critical infrastructure and we at Backpack are excited to co-build an interoperable future together.” – Armani Ferrante Cofounder and CEO of Backpack About Wormhole Labs Wormhole Labs is a technology company that specializes in building products, tools, and reference implementations to expand the cross-chain ecosystem. We’re committed to open-source development and laying down the paths for a connected decentralized world. About Wormhole The Wormhole Network is the industry’s first interoperability protocol. Since its launch in 2021, it has supported hundreds of projects across 30+ networks, facilitated the transfer of over $30+ billion in value, and has processed close to a billion messages. Wormhole’s technology has been adopted by industry leading companies like Uniswap, Synthetix, Lido, Pyth, Threshold, and many more.Do you want to be the First to Know? Subscribe to the Wormhole newsletter and get the latest news even before they hit Twitter.To learn more about Wormhole, visit wormhole.com, or chat with us on Discord. Do you want to be the First to Know? Subscribe to the Wormhole newsletter and get the latest news even before they hit Twitter.To learn more about Wormhole, visit wormhole.com, or chat with us on Discord. Contact Details Wahaj Khan wahaj@dittopr.co Company Website https://wormhole.com

November 29, 2023 09:00 AM Eastern Standard Time

News Release

Evaluating Ethereum Classic's (ETC) Position as Experts Highlight an Emerging Cryptocurrency

Blockchain Digest

Ethereum Classic (ETC) is slowly losing relevance because of its slow growth pace. However, Ethereum Classic recently addressed the concerns in a recent blog post. Meanwhile, a new meme coin has emerged as the top ICO, as experts predict a stunning 150% price growth for the new player. Summary Ethereum Classic (ETC) aims for the $30 price mark as optimism around a spot Ethereum ETF approval grows. Experts have highlighted a new emerging crypto coin among new ICOs, forecasting a 150% price growth. Let’s explore more about these top crypto coins and find out why the new coin might be the best crypto to invest in! Ethereum Classic Addresses Community Concerns in Recent Blog Post In a bid to address growing concerns within its community, Ethereum Classic’s X account shared a link to a crucial blog post on November 14, 2023. The post was a response to criticism stemming from an earlier article in April that likened Ethereum Classic to an Oak Tree, emphasizing slow and steady growth over explosive but risky development. The Oak Tree analogy was met with skepticism and critique from the community, particularly for lacking a roadmap compared to other top altcoins. Ethereum Classic emphasized that the intentional slow-and-steady approach is the roadmap, as outlined in the Oak Tree analogy. The idea is that a cautious and considered pace reduces unnecessary risks in an already volatile cryptocurrency environment. Despite this response, the market did not react with a surge in the price of ETC. The ETC price dropped by 6.9% from $20.15 on November 14 to $18.74 as of November 23. The ETC price dip following the blog post indicates that the clarification may not have fully reassured investors or addressed their concerns. Looking into the future, experts predict a varied outlook for ETC in 2024. Bullish forecasts suggest that if Ethereum Classic introduces exciting developments and gains approval for Ethereum ETFs by the SEC, the price could surpass the $30 mark, reaching $30.93. However, a more conservative forecast hints at a potential restriction, with the price stabilizing around $22.41 in 2024. This scenario could unfold if the overall market sentiment turns bearish and Ethereum Classic struggles to maintain relevance. Experts Term Rebel Satoshi The Best ICO for 150% Profit Prospects Experts in the crypto landscape offer suggestions on the best crypto investment opportunity as the market approaches a major bull run. One of the new ICOs that the experts have termed the top ICO is Rebel Satoshi (RBLZ). While evaluating Ethereum Classic's position, experts are drawing attention to the rise of $RBLZ, signaling a shift in investor sentiment and an appetite for something new. In the spirit of unity and defiance, Rebel Satoshi invites investors to join a community-driven movement that aims to awaken the silent majority and usher in a thrilling new era of decentralization. Experts are taking notice of this unique narrative, positioning $RBLZ as the best ICO with the potential for significant gains. The native token of the Rebel Satoshi platform, $RBLZ, offers exciting perks like an opportunity to participate in quests, claim rewards, and engage with a passionate community of rebellions seeking to challenge the status quo. Rebel Satoshi is now in the Early Bid Round of its public presale at $0.010 per $RBLZ. What’s exciting is that $RBLZ is poised to surge by a stunning 29% to reach $0.013 in its next round. Moreover, experts predict that Rebel Satoshi will surge by a staggering 150% to reach $0.025 by the end of its public presale. The experts' consensus is clear: Rebel Satoshi is positioned as the best ICO for those seeking significant profit prospects, making $RBLZ one of the top altcoins to watch in the evolving landscape. For the latest updates and more information, be sure to visit the official Rebel Satoshi Presale Website or contact Rebel Red via Telegram Contact Details Rebel Red marketing@rebelsatoshi.com

November 29, 2023 08:00 AM Eastern Standard Time

ACD/Labs Announces Automation Software to Fast-track Digitalization and AI-Readiness of R&D Laboratories

ACD/Labs

To support ongoing digital transformation in life sciences and chemistry-driven organizations, ACD/Labs has introduced Spectrus Conduit —the first out-of-the-box, low-code/no-code application that connects, designs, and manages automated dataflows from analytical instruments and other data sources. Spectrus Conduit creates standardized, harmonized digital twins of the R&D laboratory, improves collaboration, and supports downstream AI/ML applications. ACD/Labs also announced the expansion of their browser-based Spectrus JS portfolio to proliferate access to cloud-based analytical data management. At BioIT World Europe, ACD/Labs, an informatics company that develops and commercializes software in support of R&D, today announced new applications that will help organizations: Implement automated, extensible analytical data flows from over 150 natively supported instrument formats (NMR, LC/MS, IR, etc.) and other laboratory data sources for improved collaboration and data aggregation. Apply digital chemical intelligence, spectral prediction, and contextual science-based data assembly to produce digital twins of analyses, reducing time-to-market decisions. Facilitate digital knowledge proliferation and accessibility while assuring FAIR and ALCOA+ principles. Accelerate machine learning and data science utilization by simplifying data engineering. ACD/Labs’ Spectrus Platform has helped organizations address their analytical data accessibility challenges for almost thirty years. Decades-long vendor partnerships equip Spectrus Platform users with technique-agnostic, commercial, off-the-shelf support for all major instrument vendor formats. Spectrus offers organizations technologies to support digital transformation (Dx) initiatives—especially those that account for automated data capture, interpretation, and storage of data, with ACD/Labs’ specialty being instrumental analytical chemistry. Recent Spectrus Platform development efforts have focused on the release of an off-the-shelf, low-code/no-code application for the design and management of workflow automation (Spectrus Conduit). In addition, ACD/Labs has continued migrating the capabilities scientists have relied on for decades to browser-based applications. Software in the Spectrus JS family provides on-demand data processing and the facile distribution of data marshaling and management to improve data accessibility. Vice President of Innovation and Informatics Strategy at ACD/Labs, Andrew Anderson, says, “We want to help organizations control the flow of their own instrument-generated data but with the flexibility to adapt such controls without relying on extensive configuration and customization services. Commercial, off-the-shelf capabilities now provided by the Spectrus Platform empower organizations to automate the marshaling, processing, analysis, and proliferation of datasets emanating from their instrument data sources. The application of Spectrus analysis capabilities results in digitally contextualized experimental datasets—digital twins—all without unnecessary manual intervention. Spectrus Conduit not only supports facile, automated, data-driven decision-making for scientists, it also reduces the cost and effort of data science practices. Automated, cross-technique-enabled data science is a significant challenge for the analytical data space today.” “We are building on our legacy of informatics tools to help better address the needs of the scientific community—now and for the digital future,” Anderson continues. “With the introduction of Conduit for automating analytical and instrument workflows, and by continuing the expansion of our browser based Spectrus JS portfolio, we help alleviate software maintenance and support burden on IT teams. We also ensure that your data is not locked into our environment by providing multiple options for export, including JSON export—a necessity when you want to leverage your data for machine learning or AI projects.” To learn more about Spectrus Conduit, Spectrus JS applications, or the Spectrus Platform, visit ACD/Labs at Booth #13 at BioIT World Europe or www.acdlabs.com. About ACD/Labs ACD/Labs is a leading provider of scientific software for R&D. We help customers in >94 countries around the world assemble digitized analytical, structural, and molecular information for effective decision-making, problem solving, and product lifecycle control. Our enterprise technologies enable automation of molecular characterization and facilitate chemically intelligent knowledge management. ACD/Labs provides worldwide sales and support and brings decades of experience and success helping organizations innovate and create efficiencies in their workflows. For more information, please visit www.acdlabs.com. Follow us on Twitter and LinkedIn. Contact Details ACD/Labs Sanji Bhal +1 416-368-3435 media@acdlabs.com Racepoint Global Allison Matthews +1 617-624-3248 rpgacdlabs@racepointglobal.com Company Website https://www.acdlabs.com/

November 29, 2023 04:00 AM Eastern Standard Time

News Release

Ripple Partners with Onafariq, Solana News Suggests Everlodge Price Could Rally

Total Media

Africa is one of the most populous continents in the world, with around 50 countries and a population of 1.4 billion. But it lags behind in terms of financial inclusion which is why many Web3 entities such as Ripple, EMURGO’s Cardano, Solana, and Everlodge are trying to integrate crypto and fintech in Africa. Ripple is Accelerating Cross-Border Payments in Africa One of the most tricky things for African business ventures is sending payments, particularly across countries. That’s why Cardano recently had a Web3 summit about Africa, and Emurgo and Cardano set up the African Web3 social network/news site Nodo. Ripple also sees the importance and potential for Africa with crypto, and that’s no doubt behind their latest alliance. "Sub-Saharan Africa has proven to be a bright spot of crypto adoption, with consumers in countries like Nigeria, Kenya, and South Africa employing digital assets for real-world, day-to-day purposes," said Ripple’s Aaron Sears. The partnership between Ripple and leading African payments fintech Onafriq aims to promote financial inclusion by enabling efficient remittances into Africa. Onafriq, formerly known as MFS Africa, will connect companies PayAngel, Pyypl and Zazi Transfer to its network that extends across 40 countries and 500 million mobile wallets. Ripple’s overarching aim is to revolutionize global payments through blockchain technology. Collaborating with Onafriq represents another step towards bringing the benefits of faster, cheaper payments to African communities. Solana’s Superteam is Connecting African Talent with Web3 From Solana’s perspective, as well as the many other blockchains like Ripple, as we have seen, Web3 promises greater financial inclusion, entrepreneurial opportunities, and youth empowerment. That’s why they’ve created the Solana Superteam. Through bounties, grants, jobs, events, and education, Superteam wants to empower African talents to learn, earn, and connect across Solana’s ecosystem. Solana Superteam makes it easier for people to access remote work and the gig economy - which is on the rise in Africa. Contributors earn crypto rewards matched to their skills while grants will fund entrepreneurial visions to build homegrown solutions on Solana. By joining the Solana Superteam chapter in Nigeria, African workers gain resources and exposure to help them thrive in Web3. Everlodge Helps Emerging Economies to Gain Access to Financial Investment Everlodge is another project that recognizes the importance of Web3 and financial inclusion. While Ripple focuses on payments and Solana on talent and building, Everlodge has property investment in its sights. Everlodge describes itself as “where Airbnb meets web3” and is building a network of vacation property rentals. These properties will be tokenized on the blockchain, fractionalized, and offered to investors for as little as $100. Background checks, credit checks, red tape, and geographic restrictions are no longer a problem, and neither is not having the capital to become a part of the rental market. With Everlodge, investors from around the world including Africa, will be able to add properties that generate rental income to their portfolios. The Everlodge token - ELDG - underlies the ecosystem, and grants access to special bonuses like vacation stays which can be enjoyed by holders, or rented out for extra income. ELDG is in presale at $0.025 and will launch at a 50% gain from the current price, upon which analysts are forecasting a possible 30x rally on the day. Given the bullish approach to Africa from Ripple, EMURGO, Solana, and more, this small-cap token is certainly one to watch. Visit Everlodge Contact Details Everlodge PR Team media@everlodge.io

November 28, 2023 04:08 PM Eastern Standard Time