News Hub | News Direct

Sofy.ai Joins the Datadog Marketplace

Sofy

Sofy.ai, a revolutionary no code automation platform for mobile app testing, announced today a new integration with Datadog, Inc. (NASDAQ: DDOG), the monitoring and security platform for cloud applications. The integration is now available in the Datadog Marketplace. Datadog’s unified platform integrates and automates infrastructure monitoring, application performance monitoring, log management, real-user monitoring and many other capabilities to provide real-time observability and security for customers’ technology stacks. Datadog’s Marketplace connects its 25,000+ customers with integrations, professional services and software licenses that allow for greater customization and observability coverage. Sofy’s platform is an innovative mobile app testing solution that merges artificial intelligence (AI) and no-code automation. It removes the time consuming and laborious processes associated with writing test cases, and frees up time for developers and engineers so they can focus on delivering high-value application enhancements, greatly accelerating product release times. Sofy is a Datadog Partner Network (DPN) member with demonstrated success integrating with Datadog’s products in order to help customers evaluate and use their technology productively, across varying levels of scale and complexity. “We're excited to partner with Sofy,” said Alex Vetras, Senior Product Manager at Datadog. “Sofy enables organizations to chain no-code actions and device gestures into mobile app performance tests. With Sofy's integration, DevOps teams can now monitor the load, CPU and memory utilization of these user flows in Datadog to ensure fidelity between their testing and production environments.” “We are thrilled to become part of the Datadog Marketplace,” said Syed Hamid, founder and CEO, Sofy.ai. “Based on decades of experience leading engineering teams at Microsoft, we’ve created an intelligent platform that integrates GPT natural language processing, AI and no-code automation. Sofy is already poised to become the future of intelligent software testing; we’re delivering on the true potential of AI, enabling mobile app developers and software testers to write and execute tests – using natural language – literally in a matter of seconds. And the Datadog Marketplace offers an amazing opportunity to reach a new group of highly experienced developers and engineers.” Sofy’s no-code automation platform is now available for purchase in the Datadog marketplace. For more information, please visit https://www.datadoghq.com/product/platform/integrations/#cat-marketplace About Sofy: The best way to automate is not to write automation code but rather leverage the power of AI to create resilient, no-code automation so QA teams can focus on testing. Sofy is an intelligent tool that simplifies testing and saves time, increases productivity, and shortens testing cycles. Sofy is powered by machine learning and real devices to let QA teams simplify manual, automated, and robotic testing while saving time and money. Contact Details Forrest Carman +1 206-859-3118 forrestc@owenmedia.com Company Website https://sofy.ai/

September 28, 2023 09:00 AM Pacific Daylight Time

MYBUNDLE AND TASTEMADE ANNOUNCE COMPREHENSIVE TASTEMADE+ DISTRIBUTION AGREEMENT

MyBundle.TV

MyBundle, the premier online platform connecting consumers, streaming services, and broadband providers with tools to simplify streaming television, and Tastemade, a modern media company with award-winning video content and original programming in the categories of Food, Travel, and Home & Design, announced details of a comprehensive agreement between the companies for the distribution of the Tastemade+ premium SVOD service. MyBundle is making Tastemade+ available to its broadband partner network representing more than 175 broadband providers and comprising more than 10 million customers nationwide. MyBundle will provide billing and customer care for Tastemade+ as part of its growing portfolio of streaming services. The partnership will make it easier for consumers to learn more about the innovative Tastemade+ content and create convenient and affordable bundling opportunities across the MyBundle broadband partner network, driving incremental new Tastemade+ subscriptions. Tastemade+ offers more than 750 hours of streaming content, 12,000 globally-inspired recipes and cooking videos, weekly meal plans, and diverse programming in the categories of Food, Travel, and Home & Design. The billing integration simplifies the ability to subscribe to Tastemade+ so users may sign up, manage billing and receive customer support directly through the MyBundle platform and its co-branded ISP partner integrations. Customers may find Tastemade+ in the MyBundle Streaming App Marketplace, MyBundle Streaming Choice, and other targeted marketing tactics. “We’re very excited about this partnership with MyBundle; with the expedited continuation of cord cutting, MyBundle gives customers an easy and seamless way to cherry pick their favorite channels and create their own streaming package,” says Taylor Shwide, Distribution & Partnerships Manager, Tastemade. “By tapping into MyBundle’s current reach, customers will have instant access to hundreds of hours of Tastemade’s streaming lifestyle programming as well as weekly meal plans, inspiring audiences with fresh ideas, incredible places, and the tools to live their best life.” “The MyBundle platform simplifies the discovery and purchase process for consumers of innovative streaming services such as Tastemade+ and we are very pleased to welcome Tastemade as a business partner with this agreement,” said MyBundle Co-Founder and CEO, Jason Cohen. “MyBundle - and our broadband partner network - provides an invaluable growth opportunity for streaming services looking to reach new customers. As a fast-growing and independent solution in the marketplace, MyBundle is a trusted resource to make streaming easier for consumers and a growth vehicle for innovative streamers such as Tastemade.” MyBundle offers an integrated billing platform and co-branded streaming video tools and services for broadband and multichannel video providers. Sitting at the cross-section of consumers looking to explore and optimize their streaming service subscriptions, broadband providers looking to deliver choice to current and prospective customers and streaming services looking for efficient ways to reach new customers, MyBundle reduces friction and increases satisfaction for the ever-growing and dynamic streaming video ecosystem. About MyBundle MyBundle is the industry-leading consumer and enterprise platform simplifying streaming TV. MyBundle’s free and easy-to-use tools help consumers discover and manage their streaming service subscriptions, watch free live TV, and find content to watch across their services. Incorporating more than 150 streaming services and partnering with more than 175 broadband providers serving more than 10 million customers and growing, the MyBundle platform helps consumers navigate the streaming video world and creates new growth opportunities for programmers and high-speed data distributors alike. About Tastemade Tastemade is a modern media company that engages a global audience of more than 300 million monthly viewers on all major digital, mobile, and streaming television platforms, garnering 700 million minutes watched each month. We create award-winning video content and original programming in the categories of Food, Travel, and Home & Design that we share with an engaged, passionate, and global community. Tastemade has won a host of awards and accolades for its innovation and original programming, including three James Beard Awards, two Emmy Awards, and was most recently recognized as one of Fast Company’s “Most Innovative Companies” in 2021. For more information, visit Tastemade at: www.tastemade.com. Contact Details MyBundle Eric Becker +1 303-638-3469 press@mybundle.tv Tastemade Brooke Garringer brooke.swilley@tastemade.com Company Website https://mybundle.tv/

September 28, 2023 10:00 AM Eastern Daylight Time

Image

After Achieving 100% Cancer Remission Rates In Preclinical Studies, Starpax Magnetodrones Head For Human Trials

Benzinga

By Rachael Green, Benzinga Starpax Biopharma is preparing to start clinical trials this year with its patented Starpax cancer treatment platform across six unmet needs, including pancreatic, breast, colorectal, head & neck, uterus and prostate cancer. Solid cancers like the ones Starpax will focus on in the upcoming trials account for 89% of all cancer deaths – that’s largely due to the fact that solid tumors are so difficult to treat. But Micheal Gareau, Founder and President of Starpax Biopharma, is on both a public and personal mission to change that after the disease claimed the lives of two brothers and his father and his third brother and sister are presently under treatment for cancer. And he has an impressive team with deep expertise in the space around him to help achieve this goal. The non-exhaustive roster includes such notable names as André Monette, former President at Johnson & Johnson France, Dr. Lisa Matar, former President of Eli Lilly (Canada) and John Helou, former president of Pfizer (Canada), Dr. Jacques Jolivet, holder of the King Georges V Silver Jubilee Medal in Oncology, and Berthe Latreille, who recently retired as COO of JP Morgan Investment Bank in London, all active on the board of directors. Here’s how this never-seen-before cancer treatment platform works. Why Solid Cancers Are Harder To Treat Anticancer drugs are usually injected in the blood network. The drug needs to circulate in 60,000 miles of blood vessels hoping to reach the tumor. Unfortunately studies have demonstrated that just 0.7% of the cancer drug dose actually reaches the tumor while nearly 99% of this toxic agent continues to circulate in the rest of the patient’s body causing unwanted side effects. The second difficulty, after the drug reaches the tumor, is to be able to distribute the drug throughout its entire volume. As the tumor continues to grow, the blood vessels become chaotic, malfunctioning or collapse, creating hypoxic zones (low level of oxygen areas) and making it difficult to diffuse the drug throughout the whole volume of the tumor. Several studies around the world have demonstrated that 90% of the tumor volume receives little or no drug at all creating a major resistance to treatment that systemic chemotherapy or immunotherapy have never been able to solve. The Starpax technology has been conceived specifically to solve this resistance problem to treatment. How The Starpax Platform Is Aiming To Overcome Those Challenges Starpax combines the power of four scientific disciplines: microbiology, biochemistry, electromagnetism engineering and AI into a two-part platform – the Magnetodrones and the Polartrak – that work together to deliver cancer drugs directly into tumors, trap them inside the tumors and ensure the spread into every part of them. Starpax Magnetodrones are self-propelled bacteria that are injected directly into a tumor. The non-pathogenic bacteria can swim between tumor cells without the need of blood vessels and are capable of carrying a variety of different cancer drugs. They die about 30 minutes to an hour after injection. In order to ensure they are distributed in the entire volume of the tumor rather than just sitting near the injection site, Starpax uses magneto-aerotactic bacteria. That means they’re sensitive to very specific magnetic fields, and they naturally accumulate in low-oxygen environments. Their sensitivity to magnetic fields comes into play with the PolarTrak, a device inside which the patient is positioned, that creates unique magnetic fields. Instead of leaving the Magnetodrones free-floating throughout the patient’s body, the Polartrak creates a magnetic sphere around the tumor that contains the Magnetodrones and forces them to distribute throughout the tumor’s whole volume without circulating in blood vessels. The combined result of the PolarTrak and Magnetodrones is a platform that can deliver powerful cancer-fighting drugs directly into a tumor and ensure that they are spread throughout its entire volume. Results of preclinical trials, report 100% of the dose reached the tumor delivering 50 times more drug in the tumor with 800 less toxic molecules in the patient’s body, a major improvement over current systemic chemotherapy and immunotherapy. Subjects also reported a 100% remission rate with no significant side effects. Building on those groundbreaking preclinical results, Starpax is preparing to start clinical trials this year to test the patented cancer treatment platform in humans. During those trials, a cancer drug that has already been approved by the FDA and has been in use by humans for over 20 years will be attached to the surface of Magnetodrones. The company is planning to seek fast-track designation from the Food and Drug Administration (FDA) to help get this new technology to the patients who need it as soon as possible. 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

September 28, 2023 09:15 AM Eastern Daylight Time

This Company Is Using AI To Establish Trust In A Digitally Connected World

Benzinga

By Faith Ashmore, Benzinga In today's increasingly digital world, the prevalence of fraud is a growing concern. The rapid advancement of technology and the widespread use of the internet have created new opportunities for unscrupulous individuals to exploit unsuspecting individuals and organizations. With the convenience and anonymity offered by the digital space, scammers can carry out illegal activities from anywhere in the world with greater ease than ever before. From online identity theft to phishing scams, digital fraud has become more sophisticated, making it harder for people to detect and protect themselves. The sheer volume of personal and financial information being shared online also increases the risk of data breaches and unauthorized access. Trust Stamp (NASDAQ: IDAI) is a company looking to revolutionize digital security and increase its penetration. The company is a global provider of AI-powered, privacy-first trust and identity services used across multiple sectors – such as banking and finance, real estate, communications, regulatory compliance and government. Trust Stamp offers a range of innovative services. Their biometric capture and analysis technology enables secure and convenient identity verification, allowing businesses to streamline onboarding processes. By integrating advanced document verification, Trust Stamp helps verify the authenticity of important documents, reducing the risk of fraud. In the face of increasing threats, Trust Stamp also provides cryptocurrency security and compliance solutions. Their expertise in this area assists businesses in safeguarding their digital assets, ensuring compliance with regulatory frameworks and protecting against unauthorized access or misuse. By facilitating accurate and reliable identity verification, Trust Stamp helps build trust between parties engaging in digital transactions, fostering secure interactions in a digital world. Unlike other companies that may enable AI to make complex decisions regarding users' authentication and identification, Trust Stamp has constructed a process that uses ML and various metric and statistical methods to audit the AI system. Their AI is used to extract information needed for identity verification but does not make the final decision, which helps to ensure that all decisions made using their systems are transparent and auditable. While Trust Stamp’s mission is similar to companies like Mitek (NASDAQ: MITK) and Nuance Communications (NASDAQ: NUAN), Trust Stamp has developed a proprietary process for tokenizing identity using an irreversible transformation via a convolutional neural network, creating an identity token known as IT2. The IT2 is generated by these AI processes, and data is removed and destroyed, making the token safe to store and reuse in the future. This process allows Trust Stamp to offer two unique value propositions to its customers: reauthentication and deduplication. Reauthentication enables users to reauthenticate using biometrics with ease, and deduplication allows for deduplication at scale to prevent synthetic identity fraud. Additionally, Trust Stamp is utilizing AI to improve the capture process and enhance users' experience. Its work focuses on using AI and language models to dynamically instruct users on how to take a quality picture, guiding them on the necessary changes to phone position, lighting and head position, among other parameters. This technology not only makes facial matching accessible to those with special needs but also vastly reduces bias in outcomes from AI-powered decision processes. As the digital landscape continues to evolve, Trust Stamp's emphasis on privacy and data protection is aimed at ensuring that users’ personal information is safeguarded at all times. By providing secure and trusted identity services, Trust Stamp positions itself as a crucial ally in the ongoing battle against fraud and identity-related issues, supporting a safer and more secure digital environment for all stakeholders. 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

September 28, 2023 09:15 AM Eastern Daylight Time

Tune Insight secures $3.4m as it pushes the boundaries from a data economy to a secure insight economy

Tune Insight

Despite the ever increasing data-dependance for all critical business decisions and the never ending need of data to feed machine learning, companies are prevented from collaborating on and valorizing sensitive data because of cyber risks, fear of losing competitive edge and regulatory constraints. Helping organizations to overcome this hurdle, Tune Insight is today announcing a $3.4m funding round as it helps them automate collective intelligence extraction, reduce data liability, streamline compliance, while re-enforcing data security and privacy. The oversubscribed seed funding round was led by 14Peaks Capital with participation of US-based Inflection.xyz, Debiopharm and Zurich Cantonal Bank. Existing investors Wingman Ventures also participated in the funding round. Tune Insight was founded in 2021 by Juan R. Troncoso Pastoriza, Frederic Pont, Romain Bouyé and Jean-Pierre Hubaux. The startup is a confidential collaborative analytics and privacy-preserving machine learning solution. The genesis of Tune Insight lies in 2016, when Swiss hospitals came to the founders (then researchers) at the Swiss Federal Institute of Technology (EPFL) asking if the latest progress in applied cryptography could help solve a challenge they could not overcome, but paramount for personalized healthcare: hospitals wanted to collaborate with each other, but without transferring or revealing their patient data to others. Today, Tune Insight is deployed at University Hospital Zurich, CHUV in Lausanne, Inselspital in Bern, Switzerland, and powers applications such as survival analysis for precision oncology and personalized reference ranges. The latter application enables practitioners to rely on up-to-date reference ranges for their patients, based on collective data of 9 million data points from over 250,000 patients, instead of outdated ranges from a less relevant population. For University Spital Basel, Tune Insight enables the secure training of dermatology machine learning models on skin images across jurisdictions. Tune Insight solutions also bridge the trust gap between payers like Groupe Mutuel with care providers for value-based healthcare (VBHC), and pharmaceutical companies with hospitals for streamlined access to real-word evidence (RWE). In other domains, Tune Insight’s solutions are used by actuaries to facilitate collective risk computations for insurances and in financial services for collective fraud detection, anti-money laundering (AML) and combating financing of terrorism. In cybersecurity, Tune Insight works with managed security service providers (MSSPs) and Armassuisse, the procurement branch of the Swiss military, enabling collective cyber resilience to better defend against cyber attacks. The confidential computing operations supported by the Tune Insight platform range from private set intersection to advanced data analytics to secure federated learning on structured data, including images, which play an increasing role in healthcare and for predictive maintenance. Tune Insight is also working at extending support for privacy-preserving generative AI. Starting from secure data collaborations and privacy-preserving federated learning, Tune Insight is accompanying its customers towards data and model valorization. Juan R. Troncoso Pastoriza, co-founder & CEO of Tune Insight, has been working on privacy-enhancing technologies since 2005 commented: “The data economy falls short of its promise for very valuable, highly confidential or regulated data. In a data-driven world, protecting data not only at rest and in transit, but also in-use, is paramount. Combined with the increasing need for organizations to work together with others, both for collaborations and valorization, and progress towards more protections for citizens and customer data through regulations like GDPR, robust applied cryptography solutions that combine the best privacy-enhancing technologies are of greatest importance in all domains. At Tune Insight, our vision is to transform the paradigm of the data economy into an insight economy that better protects sensitive data, that is more secure, fair, and protective of privacy and confidentiality rights”. Tune Insight will deploy this funding round to strengthen its position for confidential collaborative analytics and machine learning in healthcare, financial services and cybersecurity, strengthen sales and marketing teams, and accelerate international expansion in Europe and the US. Edoardo Ermotti, Founder and Managing Partner of 14Peaks Capital, commented: “Tune Insight stands at the forefront of addressing a critical gap in the realm of confidential collaborative analytics. Their software, situated at the intersection of AI/ML, SaaS, and data security, offers compelling applications across industries, including financial services. This aligns seamlessly with the core values and strategic focus we have at 14Peaks Capital. We are excited about this partnership and look forward to contributing to Tune Insight's next phase of growth, continuing to revolutionize enterprise collaboration on sensitive and regulated data while mitigating the customary associated risks.” Alexander Lange, Founding Partner at Inflection.xyz remarked: “We believe that AI's bottlenecks won't be software development, tooling or algorithms but access to raw compute and high quality data sets. Tune Insight is making a breakthrough contribution to the latter by building an operating system for model training on confidential data without leakage. For the first time, adversarial stakeholders operating across multiple levels of a given value chain are economically motivated to collaborate. This will lead to significant efficiency gains and better products for their customers.” Pascal Mathis, Founding Partner, Wingman Ventures, added: “Tune Insight is the poster child of a Swiss startup on its way to global success: born on deep technology from the Swiss Federal Institute of Technology, with a complementary team of experienced international co-founders, supported by the Swiss startup ecosystem, and signing as first customers Swiss companies that are world leaders in healthcare and financial services. Tune Insight is now ready to build on those early successes to accelerate towards becoming a global leader in secure collective data analytics and machine learning across industries. At Wingman, we are proud to have been Tune Insight’s first investor at pre-seed.” About Tune Insight Tune Insight provides confidential collaborative analytics and federated machine learning B2B solutions in healthcare, cybersecurity, financial services and beyond. Our vision is to transform the upcoming paradigm of the data economy into an insight economy that better protects the data, that is more secure, fair, and protective of privacy and confidentiality rights. https://tuneinsight.com About 14Peaks Capital 14Peaks is an early-stage investor in B2B SaaS companies located in Europe and the US. Within SaaS, they invest across three core verticals; Fintech, Proptech, and Future of Work. They initially partner with founders from pre-seed to Series A and support them throughout their growth journey by providing capital, operational support, network access and strategic advice. https://www.14peaks.capital/ About Inflection.xyz Inflection is a global venture platform led by seasoned investors and entrepreneurs based in Boston, USA. The firm is pioneering the frontiers of computation by providing capital, networks and insights to outlier entrepreneurs. https://inflection.xyz/ About Wingman Ventures Wingman Ventures is Switzerland’s leading pre-seed fund, backing founder teams building tech companies with the potential to become global market leaders. Wingman has a track record of supporting exceptional founders in creating breakthrough companies and has the passionate conviction that the Swiss startup ecosystem is just starting to write its best success stories. https://www.wingman.ch/ About Debiopharm Debiopharm Innovation Fund, the strategic investment arm of Swiss biopharmaceutical company Debiopharm, provides funding and guidance for companies with an ambition to improve the patient journey and transform pharmaceutical R&D. Since 2017 Debiopharm has invested in 15 AI and digital health companies, typically leading the investment rounds. As of September 2023, Debiopharm Innovation fund is expanding its footprint through a new Seed financing activity. https://www.debiopharm.com/digital-health/ About Zurich Cantonal Bank Zürcher Kantonalbank is an independent public-law institution of the Canton of Zurich, incorporated under the laws of the Canton of Zürich. Its registered corporate domicile and principal place of business is in Zurich, Switzerland. It has received top ratings from the rating agencies Standard & Poor’s, Moody’s and Fitch (AAA/Aaa). With more than 5,000 employees, Zürcher Kantonalbank offers its clients a comprehensive range of products and services. The bank’s core activities include financing businesses, asset and wealth management, trading, capital market transactions, deposits, payment transactions and card business. Zürcher Kantonalbank provides clients and distribution partners with a comprehensive range of investment and retirement provision products and services. www.zkb.ch Contact Details Tune Insight Bilal Mahmood +44 7714 007257 b.mahmood@stockwoodstrategy.com Company Website https://tuneinsight.com/

September 28, 2023 07:00 AM Eastern Daylight Time

Image

Federal Publications Seminars (FPS) Embraces Industry Standardization with Adoption of CMS™ and CMBOK®

National Contract Management Association

Federal Publications Seminars (FPS), a leading government contract training provider, has announced a significant milestone in its commitment to advancing the contract management profession. FPS proudly embraces the National Contract Management Association's (NCMA) ANSI Approved Contract Management Standard™ (CMS™) and the Contract Management Body of Knowledge (CMBOK®) as the cornerstone for hiring, career development, and training of contract management professionals. The CMS™, recognized as the standard global language of government contracting, and the comprehensive CMBOK® collectively offer a unified framework to define, discuss, and advance contract management phases, domains, competencies, and skills. “Our adoption of these standards reaffirms FPS’s support of NCMA and dedication to cultivating excellence and promoting a common language within the contract management community,” said Andy King, President of FPS. Mr. King stated, "By aligning our training courses with the adoption of CMS™ and CMBOK®, we are poised to provide even greater support to our thriving FPS education community. Our partnership and collaboration with the National Contract Management Association (NCMA) reinforces our commitment to cultivating a more robust, knowledgeable, and ethical federal government contracting industry." “Through this collaboration, FPS aims to empower its clients to not only meet compliance requirements but also gain a competitive edge by harnessing their newfound expertise. The synergy between FPS and NCMA promises a brighter future for professionals in the federal contracting arena,” Mr. King concluded. "We appreciate Federal Publications Seminar's commitment to advancing the contract management profession through the adoption of the CMS™ and CMBOK®. they join leading organizations on our journey toward common language to foster global excellence," stated Kraig Conrad, Chief Executive Officer of NCMA. This move aligns FPS with the Department of Defense, civilian agencies of the U.S. government, industry leaders, and higher education institutions that have also embraced the CMS™ for their hiring, training, and educational programs. FPS's commitment to these standards is not only a testament to its leadership in the profession, but also an expression of support for NCMA's pivotal role in advancing the profession. For more information on NCMA's Common Language Adoption, please visit: www.ncmahq.org/adopters The National Contract Management Association (NCMA), which was founded in 1959 and is the world’s leading association in the field of contract management. The organization, which has over 18,000 members, is dedicated to the professional growth and educational advancement of procurement and acquisition personnel worldwide. NCMA strives to serve and inform the profession and industry it represents and to offer opportunities for the open exchange of ideas in neutral forums. To find out more, please visit www.ncmahq.org. About Federal Publication Seminars: Federal Publications Seminars (FPS) has been the leading provider of government contracts training and education for more than 60 years. FPS offers hundreds of in-person and online courses designed to provide in-house counsel, procurement officers, contract administrators, and accounting professionals and firms with solid, comprehensive opportunities to stay current on critical issues throughout the government contracting market. FPS instructors are nationally recognized leaders in the government contracting industry. For more information or to subscribe, visit fedpubseminars.com or call 888.494.3696. Follow FPS on social channels for the latest updates, class notifications and promotions @fedpubseminars. Contact Details National Contract Management Association Holly Dehesa +1 281-865-3296 holly.dehesa@ncmahq.org Company Website https://www.ncmahq.org/

September 28, 2023 06:55 AM Eastern Daylight Time

Justin Sun Prioritizes Security: User Assets Are Sacred and Inviolable

HTX

Justin Sun, a member of the HTX Global Advisory Board, participated in a live broadcast titled "Talk to Justin Sun about Crypto Safety Issues'' on September 26. This live interview was conducted simultaneously on HTX's (previously Huobi) Twitter Space and HTX Live. Justin Sun shared his insights on security concerns related to cryptocurrency exchanges and responded to the recent security incident at HTX. To start, Justin Sun gave a brief recap of the recent cyberattack on HTX. On September 24, 2023, at around 6 PM Singapore time, HTX detected a hack and took immediate actions, which included rapidly changing the hot wallet address, implementing the real-time monitoring mechanism, and establishing the SAFU fund. Through these efforts, the exchange has ensured the protection of user assets and information. HTX, as emphasized by Justin Sun, managed to promptly resolve almost all issues within 24 hours following the attack. Users remained largely unaware of the incident, but it was indeed an intense battle. According to reports, HTX has fully covered the losses, ensuring that users will not incur any losses due to this incident. The platform is operating normally, and all user assets remain unaffected. Moreover, HTX has labeled the hacker's ETH addresses and proposed a 5% white-hat incentive ($400,000) to encourage the hacker to return the stolen funds. If the hacker returns the funds within 7 days, HTX will offer them a position as a security consultant for the exchange. Otherwise, HTX will provide the information to the authorities for the hacker's prosecution. Additionally, HTX is collaborating with professional security teams, blockchain institutions, and top-notch exchanges like Binance to trace the hacker's identity and the whereabouts of the stolen funds. While the exchange cannot disclose the specifics of the ongoing investigation, it is committed to ensuring that the hacker faces the full legal consequences they deserve if they do not return the stolen funds. Justin Sun stated, "We encourage white hat ethical hacking and are confident in our ability to recover the funds. HTX has a proven track record of collaborating with authorities to apprehend hackers and will not tolerate any hacking activities. Even if users not affiliated with HTX have had their assets compromised, we will initiate charitable efforts to assist them in recovering their losses." Summarizing the discussion, Justin Sun underscored the costliness of the security lesson learned and the commitment to excel in this domain. He emphasized that the recent hack was a valuable experience for him and his team, prompting HTX to reassess and enhance its security. HTX will take concrete steps to ensure that user assets on the platform remain at the forefront of industry standards. HTX will introduce more security tools and technologies for the timely detection and prevention of potential threats in the future. Collaboration with leading security audit firms for regular audits and swift issue resolution is another facet of their strategy. Lastly, additional security updates, including updates to custodians or institutions, will be implemented. Considering the multiple security incidents that have occurred in the cryptocurrency industry, Sun remarked, "Past experiences have taught us that security is an ongoing race, where we must continually adopt measures to ensure the security of user assets and fortify our security defense." Addressing community doubts regarding the incident being a marketing stunt orchestrated by HTX, Justin Sun categorically dismissed such claims. He affirmed that while HTX has previously hosted attention-grabbing marketing events, the platform's unwavering commitment to security and the sanctity of user assets means they will never exploit a security incident as a marketing ploy. Sun continued to reiterate the importance of security throughout the live stream, emphasizing, "Security is an eternal concern, and we will always prioritize the safety of user assets." About HTX Founded in 2013, HTX has evolved from a crypto exchange into a comprehensive ecosystem of blockchain businesses that span digital asset trading, financial derivatives, wallets, research, investment, incubation and other areas. HTX serves millions of users worldwide, with a business presence covering over 160 countries and regions across five continents. Its three development strategies - "global development, technology drives development, and technology for good" underpin its commitment to providing comprehensive services and values to global cryptocurrency enthusiasts. Contact Details Michael Wang glo-media@htx-inc.com Company Website https://www.htx.com/

September 28, 2023 12:22 AM Eastern Daylight Time

Classiq to Host Quantum Software Hackathon and Bootcamp on October 1

Classiq Technologies

Classiq Technologies, a leading quantum computing software company, today announced its annual quantum computing software bootcamp and hackathon, the Classiq Quest. There is no cost to participate in either event. First up is the bootcamp, October 1-5, during which participants will learn how to fully exploit Classiq’s software to design, optimize and execute quantum algorithms. One to two hours of work per day over the five days will provide students, professors and others in academia focused on electrical engineering, computer science and other related fields an excellent opportunity to learn how to develop quantum algorithms. The quantum computing bootcamp is also a resource for those in industries such as DevOps, finance, chemistry, pharma, automotive and supply chain who want to learn how to harness the power of quantum computing. With a daily challenge on each day, participants will emerge from the bootcamp as experts on Classiq’s platform and fully prepared to tackle the Quest Hackathon challenges. Next up is the Classiq Quest Hackathon, which runs from October 8-11. The hackathon is an online programming competition open to individual as well as group participants. It is designed to reward those that can create efficient and elegant quantum circuits for a variety of important problems. Over the four days, participants receive a series of challenges for which they must design, optimize, and execute quantum algorithms. The challenges are a combination of open and well-defined problems that fall under three quantum computing themes – applications, utility, and education – and for each theme, there are two challenges. The application challenges focus on the use of quantum algorithms for addressing real-life problems in industries such as chemistry, finance, material science, and cyber security. Quantum utility concentrates on quantum algorithms that fully exploit the capabilities of available quantum computers. The quantum education theme is targeted at quantum algorithms for educational purposes with intuitive graphics and visualizations. “We often hear from professors that they have difficulty finding ways to teach students about quantum computing,” said Amir Naveh, chief product officer and co-founder at Classiq. “Our bootcamp offers a great way for students to get up to speed quickly on quantum computing and then test their skills with the challenges in the hackathon. It’s equally relevant and useful for people on the corporate side, who are quantum curious and need an easy entry point. We’re all about democratizing quantum computing.” Last year, nearly 300 participants from 51 countries registered for the Classiq coding competition and Classiq received more than 150 solutions. Participants must register by Sunday, October 1. Details on events, challenges and ways to participate are available at https://go.classiq.io/classiq-quest-hackathon#Bootcamp. The prize pool is $15,000. For each challenge, the first, second and third place winners will be rewarded with $1,500, $700, and $300, respectively. About Classiq Classiq Technologies, the leading quantum software company, provides an all-encompassing software platform with a single point of entry into quantum computing, from algorithm design to execution. Tailored to all levels of developer proficiency, Classiq aims to democratize access to quantum computing with software that equips customers to take full advantage of the quantum computing revolution. A low-code development environment ensures that a broader range of talents, including those with backgrounds in AI, ML and linear algebra, can harness quantum computing without requiring deep, specialized knowledge of how to program quantum computer hardware. Backed by powerful investors such as HPE, HSBC, Samsung, Intesa Sanpaolo and NTT, Classiq’s world-class team of scientists and engineers has distilled decades of quantum expertise into its groundbreaking software development platform. Follow Classiq on LinkedIn, X (formerly Twitter), or YouTube, or visit www.classiq.io to learn more. Contact Details Michelle Allard McMahon/Jenna Beaucage classiqPR@rainierco.com Company Website http://www.classiq.io/

September 27, 2023 01:45 PM Eastern Daylight Time

Substrate Artificial Intelligence invests in "fantastic" UK AI market ahead of listing

Substrate Artificial Intelligence

Substrate Artificial Intelligence (OTCQB:SUIAF) chairman Lorenzo Serratosa and CEO Ivan Garcia speak to Thomas Warner from Proactive about the latest developments at the Spanish AI company ahead of its planned London listing. Serratosa explains that Substrate develops its own AI technology to create, develop, and scale companies across various sectors. The core aim is to enhance profitability and sustainability using AI solutions. Garcia gives an update on preparations for the company's Aquis listing, which he expects to complete in October or November. He emphasises the UK's "fantastic" and relatively well-developed tech ecosystem with supportive AI policies. Furthermore, Serratosa revealed their recent acquisition of a UK-based company, Ifit Solutions, which specialises in AI-driven talent management and acquisition. This move aligns with Substrate AI's vision of leveraging AI to improve job satisfaction and company-employee compatibility. The acquisition is seen as a strategic step to tap into the UK market and further expand the scope of their technological solutions. Contact Details Proactive UK Ltd +44 20 7989 0813 uk@proactiveinvestors.com

September 27, 2023 01:36 PM Eastern Daylight Time

Video