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Panther Minerals Inc. (CSE: PURR) (OTC: GLIOF) Gears Up for Growth in the Uranium Revival

GLIOF

The uranium market is experiencing a remarkable resurgence as global energy strategies shift toward cleaner, more sustainable sources. Projected to reach $11.38 billion by 2030, the uranium sector is set to grow at an annual rate of over 5%, driven by increased reliance on nuclear energy and heightened climate goals. The rise in demand is fueled by major economies expanding their nuclear power capacities to cut carbon emissions and secure energy independence. In North America, this growth is evident as both established and new players in the uranium mining sector seek to meet the increasing global demand. This dynamic environment presents numerous opportunities for companies to explore and develop new uranium resources. As the market evolves, the focus now turns to how emerging companies are positioning themselves to take advantage of this booming industry. A Force in Uranium Exploration Panther Minerals Inc. (CSE: PURR) (OTC: GLIOF) is at the forefront of a revitalized uranium sector, poised to leverage the market’s impressive growth. The company is actively expanding its presence in North America with a focus on high-quality uranium projects, including its key assets: the Boulder Creek and Fireweed prospects. Fireweed Prospect: A Promising Uranium Discovery Panther Minerals has been particularly enthusiastic about its Fireweed Prospect, an exploration target located approximately 28 kilometers northwest of the Boulder Creek deposit. Discovered in 2006 by Triex Minerals Inc., the Fireweed Prospect has shown promising results, including a sample that returned 0.82% U3O8, indicating significant mineralization potential. Recent advancements include the use of advanced satellite imagery and hyperspectral analysis conducted by DIRT Exploration. This technology has provided valuable insights into mineral distribution and highlighted new exploration targets. The application of long-wave infrared (LWIR) and AI in mineral exploration is enhancing the company’s ability to pinpoint high-potential areas and refine their exploration strategies. “We are very positive about the satellite imagery attained from the DIRT Report, which gives us a more visual overview of the prospective Fireweed target on our Boulder Creek project. With ongoing historical compilation of data from the projects previous operators, adding updated materials through new technology will provide us crucial information as we advance future work programs,” stated Rob Birmingham, Chief Executive Officer of Panther Minerals. Boulder Creek Property: Building on Historical Data The Boulder Creek property, located in Alaska’s Seward Peninsula, continues to be a cornerstone of Panther Minerals' strategy. Historical drilling by previous operators has outlined a substantial uranium deposit, though the resource estimate is considered historical and not compliant with current NI 43-101 standards. The company is actively reviewing and analyzing existing data, with plans for comprehensive exploration including diamond drilling and geophysical surveys. Panther Minerals has made significant progress in securing permits for a five-year exploration program at Boulder Creek. The company has filed applications with both State and Federal authorities, including the US Bureau of Land Management (BLM) and the Alaska Department of Natural Resources (DNR). These permits will enable Panther to undertake a broad range of exploration activities and advance its development plans for the property. Strategic Expansion and Financial Position In addition to its current projects, Panther Minerals is expanding its portfolio through strategic acquisitions. The recent non-binding letter of intent to acquire the Huber Heights Uranium Property in Nevada demonstrates the company’s commitment to exploring underexplored regions with significant uranium potential. The property’s known prospects and historical production provide a solid foundation for future exploration. Financially, Panther Minerals has successfully closed a $2 million private placement, positioning itself well to fund exploration activities and advance its projects. The funds from this placement are earmarked for exploration and working capital, reinforcing the company’s ability to execute its growth strategy. Panther Minerals Inc. (CSE: PURR) (OTC: GLIOF) is well-positioned to capitalize on the growing uranium market. With a strong focus on high-potential properties, strategic acquisitions, and advanced exploration technologies, investors may want to take notice of the potential role Panther Minerals can play in the uranium resurgence. Disclaimers: RazorPitch Inc. "RazorPitch" is not operated by a licensed broker, a dealer, or a registered investment adviser. This content is for informational purposes only and is not intended to be investment advice. The Private Securities Litigation Reform Act of 1995 provides investors a safe harbor in regard to forward-looking statements. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions, or future events or performance are not statements of historical fact may be forward looking statements. Forward looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements in this action may be identified through use of words such as projects, foresee, expects, will, anticipates, estimates, believes, understands, or that by statements indicating certain actions & quote; may, could, or might occur. Understand there is no guarantee past performance will be indicative of future results. Investing in micro-cap and growth securities is highly speculative and carries an extremely high degree of risk. It is possible that an investors investment may be lost or impaired due to the speculative nature of the companies profiled. RazorPitch has been retained and compensated by Awareness Consulting to assist in the production and distribution of this content. RazorPitch is responsible for the production and distribution of this content. It should be expressly understood that under no circumstances does any information published herein represent a recommendation to buy or sell a security. This content is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained in this article constitutes a solicitation, recommendation, endorsement, or offer by RazorPitch or any third party service provider to buy or sell any securities or other financial instruments. All content in this article is information of a general nature and does not address the circumstances of any particular individual or entity. Nothing in this article constitutes professional and/or financial advice, nor does any information in the article constitute a comprehensive or complete statement of the matters discussed or the law relating thereto. RazorPitch is not a fiduciary by virtue of any persons use of or access to this content. Contact Details RazorPitch Mark McKelvie +1 585-301-7700 mark@razorpitch.com Company Website http://razorpitch.com

August 14, 2024 08:51 AM Eastern Daylight Time

Extending Survival: Oncolytics Biotech's Pelareorep Shows Promise In Fighting Metastatic Breast Cancer

Benzinga

By Meg Flippin, Benzinga One in eight women will face a breast cancer diagnosis in the U.S. Of those, one in three will become metastatic. When breast cancer metastases, it often spreads to the bones, lungs or liver. Unfortunately, these tumors eventually become resistant to endocrine-blocking therapies and can reoccur in approximately 50% of patients. Depending on how much and far the cancer spreads, the five-year survival for distant metastatic breast cancer rate is 29%. The metastatic breast cancer treatment market is forecast to grow at a CAGR of 10.4% from 2021 to 2030, reaching $41.74 billion. With no direct cure in sight, keeping the cancer under control and increasing survival rates are the focus areas of biopharmaceutical companies, big and small, including Oncolytics Biotech Inc. (NASDAQ: ONCY). The clinical-stage biopharmaceutical company specializing in immunotherapeutics for oncology and their leading agent pelareorep, has demonstrated promising results in Phase 1 and 2 studies to fight challenging cancers. When pelareorep was added to standard metastatic breast cancer treatment, overall survival rates nearly doubled in a randomized study of patients with HR+/HER2- breast cancer, reports Oncolytics. Pelareorep is an intravenously delivered immunotherapeutic agent that induces anti-cancer immune responses and promotes an inflamed tumor phenotype — turning “cold” tumors “hot.” Pelareorep works by generating, recruiting and training immune cells to recognize and kill cancer while remodeling the tumor microenvironment to enable immune cell access. When added to existing treatment regimens such as chemotherapy, pelareorep demonstrates the potential to extend survival times in addition to expanding existing and new T cell clones in the blood, the company reports. Proving Its Mettle In Oncolytics’ randomized Phase 2 trials, known as BRACELET-1, pelareorep demonstrated meaningful improvements in overall response rate and progression-free survival. Overall survival from this trial continues to mature. A previous randomized phase 2 trial also showed positive results, including a statistically significant near doubling of median overall survival observed. Data from BRACELET-1 and AWARE-1 studies consistently show that pelareorep produces an expansion of T cell clones and/or an increase in CelTIL scores and peripheral tumor-infiltrating lymphocyte counts, reports the company. The trials also demonstrated a manageable safety profile which is consistent with prior studies. Positive data from BRACELET-1 and IND-213 randomized trials showed meaningful clinical improvements in the pelareorep/paclitaxel combination arms compared to paclitaxel monotherapy, says Oncolytics. Multiple patients in the pelareorep/paclitaxel arm continue to be followed for survival, with overall survival results expected in the second half of the year. “We believe this data will further bolster our compelling data package and underscores the therapeutic potential of pelareorep,” said Wayne Pisano, interim CEO and chair of the board of Oncolytics. “We remain committed to improving the standard of care and addressing the high unmet medical needs of these patients.” Working Hand-In-Hand With The FDA Pelareorep has fast track designation from the Food and Drug Administration, which allows for the expedited review of drugs for serious conditions that need novel treatments. Oncolytics was also recently part of a productive Type C meeting with the FDA to support the planned potential registration-enabling trial for pelareorep in HR+/HER2- metastatic breast cancer (mBC). Oncolytics said the FDA supports progression-free survival as the primary endpoint of the study, with overall survival as a key secondary endpoint. The company’s proposed study will enroll patients for whom hormonal therapy hasn’t worked and who have received no more than one line of antibody-drug conjugate (ADC) therapy. “Aligning with the FDA on key design elements and objectives of our planned registrational trial for pelareorep marks a critical step towards bringing this innovative treatment to patients,” said Thomas Heineman, M.D., Ph.D., Chief Medical Officer at Oncolytics. “Our de-risked program builds on compelling data and key learnings from two randomized studies, BRACELET-1 and IND-213, which demonstrated clinically meaningful benefit in patients receiving pelareorep and paclitaxel compared to paclitaxel alone. Additionally, translational data from the AWARE-1 study highlights pelareorep’s immune-mediated mechanism of action in breast cancer patients. We are now well-positioned to deliver on our mission of making pelareorep available to breast cancer patients in need of better treatment options,” he said. Breast cancer is common, and while many cases are treatable, metastatic breast cancer is a different story. At stage 4, the tumors have spread to other parts of the body and recurrence is frequent. Extending the survival rate is the name of the game, and Oncolytics thinks it has a winner with pelareorep. With clinical trials demonstrating pelareorep’s potential under its belt and a big one in the works, Oncolytics may be right. Featured photo by Susan G. Komen 3-Day on Unsplash Benzinga is a leading financial media and data provider, known for delivering accurate, timely, and actionable financial information to empower investors and traders. This post contains sponsored content. This content is for informational purposes only and is not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

August 14, 2024 08:45 AM Eastern Daylight Time

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News Direct Unveils TradeUp Powered by Instinct

News Direct

News Direct proudly announces the launch of TradeUp, a cutting-edge new media outreach solution powered by Instinct, poised to transform trade media dissemination and engagement. For years, newswire users have faced difficulty in effectively connecting with trade journalists due to a reliance on ill-suited methods of outreach — choosing broad industry verticals and sending press releases to generic lists of publications and anonymous writers. The most common result has been an inability to determine if journalists are engaging with their content. TradeUp, empowered by Instinct’s innovative AI technology, represents a groundbreaking advancement in media outreach. TradeUp removes the guesswork and inefficiency offered by legacy newswires by offering a laser-focused, data-driven approach. TradeUp, allows issuers to move past generic media lists and instead begin engaging with journalists who have a genuine interest in, and have recently written about, their industry news. Key Features of TradeUp Include: Precise Journalist Identification: Instinct's AI instantaneously scans millions of articles in real-time, identifying and delivering key details about journalists, including contact information, beat, publication, recently published articles and even the Domain Ranking of the publishers' websites. This ensures news reaches the appropriate targets and enables interaction with individual journalists, thereby boosting the chances for earned coverage. Automated Pitching: Send personalized pitches directly from the Instinct platform, streamlining media relations efforts and making it easier to connect with the most relevant journalists. Reach More Than Just Trade Journals: The capabilities of TradeUp extend beyond solely vertical industry publications. The platform will generate data from reporters from a wide range of media outlets, from newspapers to broadcast stations, broadening the outreach footprint and increasing the chance to earn meaningful coverage. Elevates Trade Media Outreach Strategy TradeUp lets News Direct customers experience the new era of trade media engagement that uses an AI-driven approach to simplify the media targeting process and amplify the message by matching content with the appropriate journalists with the precision, speed and efficiency that only AI can deliver. About News Direct News Direct is a technology-driven content distribution and amplification platform for PR, IR, corporate communications and marketing professionals. Our automated platform delivers a completely reimagined, modernized user experience for newswire users that has reshaped the industry landscape. Additionally, the company has expanded its offerings to include an array of technology-enhanced message amplification tools ranging from sponsored content to podcasting products, all from a single online destination. Contact Details News Direct Gregg Castano, CEO +1 917-698-4131 gregg.castano@newsdirect.com Company Website http://www.newsdirect.com

August 14, 2024 08:45 AM Eastern Daylight Time

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Maxim Group Initiates Coverage Of Brand Engagement Network (NASDAQ: BNAI) With Buy Rating, Sets Over 100% Higher Price Target

Benzinga

By Anthony Termini, Benzinga Investment firm Maxim Group initiated research coverage of Brand Engagement Network (NASDAQ: BNAI), or BEN, last week. BEN is a provider of conversational GENAI technology that provides human-like avatars that interface with consumers for enhanced experiences. Conversational artificial intelligence (AI) has the ability to recognize, translate, predict and respond to a given customer’s written or spoken input. BEN is regarded as a leader in creating personalized AI experiences. Maxim Group Analyst Sees Unique Opportunity In Marketplace And BEN’s Business Model According to Jack Vander Aarde, a senior equity research analyst at Maxim Group, “BEN has emerged as a pure-play conversational AI company.” In its research report dated July 25, 2024, Maxim initiated coverage of BEN with a buy rating. The report notes that BEN delivers a full-stack turnkey offering to businesses looking to improve productivity, performance metrics and consumer experiences. It goes on to say that, “The proliferation of generative AI is being driven by the pursuit of cost reduction, value enhancement, differentiated customer engagements, and operational efficiency benefits.” Citing various sources, Maxim notes that the total addressable market (TAM) for generative AI is expected to exceed $30 billion by 2030. It also says that 94% of large companies using generative AI anticipate integrating voice into it within the next two years. Maxim’s growth outlook for BEN is further supported by a recent infusion of significant growth capital from existing investors. Research Report Provides Detail On BEN’s Operating Strengths Maxim Group’s research report focuses on BEN’s significant market opportunities in two specific verticals; the automotive industry and healthcare. In the automotive space, Maxim points out that BEN recently signed a five-year exclusive partnership with Automotive Financial Group (AFG). The deal leverages AFG’s ability to put BEN’s AI technology in front of more than 450,000 auto dealers, service centers and insurance carriers around the world. Maxim believes the deal could represent up to $45 million in recurring annual revenue for BEN. The firm also noted that AFG has made a commitment to invest roughly $6.5 million in BEN over the next four years. This “serves as a stamp of credibility and reinforces our confidence in [BEN]’s AI technology, capabilities, and leadership team,” the report said. The other sales channel noted in Maxim’s report was the healthcare industry, where BEN has recently made significant operational strides. The company recently achieved compliance with the Health Insurance Portability and Accountability Act (HIPAA) and SOC 2 Type 1 certification, which demonstrate its ability to meet the highest requirements for the secure handling of sensitive patient data. The report also points out that Brand Engagement Network recently entered into three healthcare pilot programs. They include OSF HealthCare, Weill Cornell Medical Center and MedAdvisor Solutions, which is based in Camberwell, Australia. Maxim says that the pilot programs could represent about $1 million in annual contract value and that the affiliation with MedAdvisor Solutions gives BEN access to some 37,000 pharmacies worldwide. More broadly, the healthcare vertical represents more than 145,000 potential customers, including hospitals, outpatient and urgent care facilities, physician group locations and dental offices. Maxim’s Valuation Metrics And Revenue Expectations Offer Insight To Price Target According to the Maxim Group research report, BEN’s stock trades at a discount to its peers based on enterprise-value-to-revenue multiples. It suggests that the stock should trade at a premium, which it justifies by BEN’s “significant early-stage TAM opportunities and our robust growth outlook.” The investment firm projects BEN will achieve strong growth and positive adjusted EBITDA by 2027. It expects BEN’s annual recurring revenue to ramp up next year and that growth will accelerate through 2028. Brand Engagement Network’s common stock has recently traded around $3.00 per share. Maxim set a price target of $6.00. Investment Risks Discussed By The Analyst The report notes that BEN is still “a pre-revenue company.” As a result, the firm assigned it a “Speculative Risk Profile” based on fundamental criteria. The risk rating applies to early-stage companies with minimal to no revenues, lack of earnings, balance sheet concerns and/or a short operating history. Speculative stocks may not be suitable for a significant class of individual investors. But for those with an otherwise well diversified portfolio and appropriate risk tolerance, BEN might be worthy of further review. Featured photo by TreptowerAlex from Pixabay. Benzinga is a leading financial media and data provider, known for delivering accurate, timely, and actionable financial information to empower investors and traders. This post contains sponsored content. This content is for informational purposes only and is not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

August 14, 2024 08:35 AM Eastern Daylight Time

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2023 Saw 28 Billion-Dollar Disasters Hit America: Apis Cor Believes Its 3D-Printed Houses Can Help, And It’s Currently Raising Funds

Benzinga

By James Blacker, Benzinga The reality of climate change is becoming clearer with every passing year. As natural disasters become more frequent and more severe, growing numbers of people around the world are experiencing the consequences of global warming first-hand. According to the National Oceanic and Atmospheric Administration (NOAA), the United States was hit by 28 billion-dollar disasters in 2023, more than in any other year. Causing a total of $92.9 billion in damages, these disasters included tropical cyclones, tornadoes, flooding, wildfires and other severe weather events. It is no coincidence that they happened in the same year that the U.S. had its warmest winter on record. For homeowners in the U.S., where soaring house prices are pushing more and more people to live in disaster-prone areas, the increase in natural disasters is particularly concerning. This alarming trend underscores an urgent need to reevaluate how homes and communities are built and for more resilient solutions that can withstand these increasingly extreme conditions. Why Concrete Homes Are The Future In the face of growing threats from natural disasters, concrete homes are largely safe and durable structures offering numerous advantages over traditional wood-frame houses. Unlike wood or steel, concrete is inherently fire-proof, making it significantly more resilient to the destructive forces of wildfires. Concrete also has high structural strength and is, therefore, often more resistant to earthquakes, tornadoes and hurricanes. Additionally, concrete structures (depending on the mix used) are usually less susceptible to water damage, a critical advantage in flood-prone areas. Apis Cor: Producing Safe And Resilient 3D Printed Buildings Apis Cor is a construction technology firm that is developing technology to build low-rise concrete buildings using 3D printing. With this method, a home can be built much faster than with traditional construction, expanding output and potentially reducing costs by up to 30%, according to the company. Apis says its durable 3D-printed houses are resistant to hurricanes and earthquakes. Walls built by Apis’ robots are structurally identical to concrete block walls. This means that Apis Cor’s 3D printed walls are reinforced with rebar, and attached to the roof and foundation in the exact same way that the well-documented and widely-accepted concrete block walls are reinforced and integrated into the roof and foundation. Apis Cor’s walls and materials have been tested using third-party, independent labs. Thanks to the design flexibility of 3D printing, structures built using its technology can also be tailored to meet specific safety requirements such as resilience to natural disasters. For example, walls could be printed thicker or specially-shaped to withstand high winds during tornadoes and hurricanes, the company states. Apis has already used its technology to build structures in various climates, including Dubai, Texas, and Florida. It said it also received a strategic investment from the largest homebuilder in the USA and they plan to work together on a multi-unit construction project in South Florida. Beyond Homes: Building Community Resilience The applications of Apis Cor’s 3D-printed concrete homes extend far beyond residential construction. The technology can also be used to build schools, community centers and other federal buildings that can serve as shelters during hurricanes and tornadoes. Apis’ tech could therefore play a role in enhancing community resilience in disaster-prone areas. In hurricane-prone areas, for example, a concrete 3D-printed school or community center could be used as a sturdy shelter for residents during an emergency. The Need For Resilient Construction As communities continue to see an increasing threat from natural disasters, the need for safer and more resilient structures is becoming increasingly important. Apis Cor’s 3D-printed concrete structures could contribute to solving this problem. Apis Cor is currently raising funds to expand its operations and bring its technology to a broader market. For those looking to invest in such construction, this funding round may offer an opportunity to help create homes and communities that are better equipped to withstand the impacts of climate change. Featured photo by Nikolas Noonan on Unsplash. Benzinga is a leading financial media and data provider, known for delivering accurate, timely, and actionable financial information to empower investors and traders. This post contains sponsored content. This content is for informational purposes only and not intended to be investing advice. The preceding post was written and/or published as a collaboration between Benzingaâs in-house sponsored content team and a financial partner of Benzinga. Although the piece is not and should not be construed as editorial content, the sponsored content team works to ensure that any and all information contained within is true and accurate to the best of their knowledge and research. Benzinga may receive monetary compensation from the issuer, or its agency, for publicizing the offering of the issuerâs securities. This content is for informational purposes only and is not intended to be investing advice. This is a paid ad. Please see 17b disclosure linked in the campaign page for more information. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

August 14, 2024 08:30 AM Eastern Daylight Time

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Kinder Ready Tutoring and Elementary Wise Brings Comprehensive Back-to-School Program for Preschool and Elementary Students, Led by CEO Elizabeth Fraley

Rev Up Marketers

Kinder Ready, in collaboration with Elementary Wise, is thrilled to announce the launch of an extensive Back-to-School program designed to support preschool and early elementary students as they prepare for the upcoming school year. This new Kinder Ready Tutoring initiative provides a wealth of resources and strategies to help families and educators navigate the transition back to school smoothly and effectively. This initiative is led by Kinder Ready’s Elizabeth Fraley, CEO of the company and education pioneer. The Back-to-School Basics Week, set to kick off before the start of the school year, will offer a range of essential tools and support services aimed at ensuring a successful and organized return to school. Key components of the program include: Important Features of the Back-to-School Program: Homework Support: Dedicated resources and strategies to assist students in managing and completing their homework efficiently. Project Support: Tools and guidance to help children tackle school projects with confidence and creativity. Back-to-School Basics: Comprehensive advice on safety, health, and other critical aspects of preparing for school. Recommended Supply Lists: Curated lists of essential supplies for preschool, kindergarten, and early elementary students to ensure they have everything they need for a productive school year. Routine Re-establishment: Strategies to help families re-establish effective routines related to sleep, mealtime, and organizational skills before school begins. The Back-to-School Basics Week is designed to address the varied needs of students and their families by providing practical solutions and expert advice. By focusing on areas such as homework and project support, as well as essential supplies and routine-setting, this program aims to create a smooth and stress-free transition back to school. Program Highlights: Homework and Project Assistance: Tools and tips for managing academic tasks and engaging in meaningful projects. Safety and Health Guidance: Information and recommendations to ensure students are prepared for a safe and healthy school year. Supply Lists: Essential items to support learning and organization in the classroom. Routine Planning: Tips and strategies to help families establish and maintain effective daily routines. The program reflects Kinder Ready and Elementary Wise's commitment to providing families and educators with the support they need to foster a successful and enjoyable school experience. By addressing key aspects of back-to-school preparation, the initiative aims to equip students with the tools and routines necessary for a positive start to their academic journey. About the Company - Kinder Ready: Kinder Ready is dedicated to advancing early childhood education through innovative programs and resources that support the social, emotional, and academic development of young learners. Partnering with organizations like Elementary Wise, Kinder Ready is committed to empowering families and educators with the tools they need to create a positive and successful educational experience. For further details on Kinder Ready's programs, visit the following link: https://www.kinderready.com/ Social Media: @kinderreadyla Contact Details Kinder Ready Elizabeth Fraley kinderreadyla@gmail.com Company Website https://www.kinderready.com/

August 14, 2024 06:48 AM Eastern Daylight Time

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ATFX Launches Client Funds Insurance

500NewsWire

Hong Kong - ATFX is pleased to announce the launch of the ATFX Client Funds Insurance. This comprehensive insurance policy assures the safety and security of client funds up to USD 1,000,000 per Claimant, further strengthening ATFX's commitment to protecting client assets and providing a secure trading environment. All clients of AT Global Markets Intl. Ltd. and AT Global Markets LLC are eligible for insurance coverage. “Your Fund's Security, Our Priority” ATFX prioritizes client funds' safety and security. With the launch of the ATFX Client Funds Insurance under the slogan “Your Fund’s Security, Our Priority,” clients can now trade with even greater confidence, knowing that an additional layer of protection protects their funds. This commitment to fund security sets ATFX apart and reinforces its dedication to ensuring the best trading experience for clients. Underwritten by Lloyd's of London - The Gold Standard in Insurance ATFX has partnered with Lloyd's of London, the oldest and largest insurance market globally, to underwrite the ATFX Client Funds Insurance. This collaboration brings unparalleled expertise and a stellar reputation in the insurance industry, assuring clients that their funds are securely protected under Lloyd's of London's comprehensive coverage. Coverage Limit ATFX ensures that each claimant is insured for up to USD 1,000,000, adhering to the limits and terms and conditions specified in the policy. ATFX Chairman Joe Li said, “We’re committed to delivering exceptional trading experiences while prioritizing customer satisfaction and innovative technology. The launch of the ATFX Client Funds Insurance is a testament to this commitment and represents yet another milestone in ATFX's mission to provide secure and reliable trading solutions for our clients.” About ATFX ATFX is a leading global fintech broker with a local presence in 23 locations. With a strong commitment to customer satisfaction, innovative technology, and strict regulatory compliance, ATFX provides exceptional trading experiences to clients worldwide. For further information on ATFX, please visit ATFX website https://www.atfx.com. Contact Details ATFX sales.uk@atfx.com Company Website https://www.atfx.com/

August 14, 2024 05:00 AM Eastern Daylight Time

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HTX Research's Latest Analysis on Pectra, the Largest Upgrade in Ethereum Following Dencun

HTX Ventures

Key Insights ● Key proposals in the Pectra upgrade (EIPs 7702, 3074, and 7623) will provide direct benefits to projects in the modular, chain abstraction, and AA wallet sectors. ● EIP-7594 (PeerDAS) introduces Data Availability Sampling (DAS), which is expected to be advantageous for ZK Prover networks and, by extension, the broader ZK field. ● Other minor EIPs are anticipated to lower L2 data layer costs, enhance transaction speeds, and reduce data storage costs. ● Given recent concerns about "high FDV, low liquidity," the upcoming Pectra upgrade in Q4 could potentially lead to a significant increase for the Ethereum ecosystem. ● The valuation of venture capital (VC) projects has become more reasonable amid the current "anti-VC" sentiment. Therefore, Q3 might offer a favorable window for institutional investors to enter the primary market, particularly in DeFi and innovative DeFi projects. ○ The price-to-sales ratios for DeFi projects have reached a historic low. Background Singapore / August 14, 2024 – The most discussed topic in the Ethereum community recently has been the Pectra upgrade. This upgrade combines two independent upgrades: Prague and Electra. Prague focuses on changes to the network's execution layer, while Electra impacts the consensus layer. Together, these upgrades are known as Pectra. This event follows the Dencun upgrade in March 2024 and may become one of the most substantial upgrades in Ethereum's history. According to Ethereum.org (https://eips.ethereum.org/EIPS/eip-7600), the Pectra upgrade is expected to incorporate several key Ethereum Improvement Proposals (EIPs) to address scalability, security, and user experience. These EIPs include: Pectra, set to launch in Q1 2025, is another step in Ethereum's strategic development. Below, we will walk through some key EIPs in the Pectra upgrade and discuss their potential impact. Analysis of Key EIPs *EIP-7702: A groundbreaking wallet technology for account abstraction (AA) to replace EIP-4337. EIP-7702 allows existing externally owned accounts (EOAs) to execute any smart contract code, potentially leading to the creation of feature-rich and user-friendly wallets. This could facilitate the development of complex applications. ● EIP-7702 is highly compatible with previous work on account abstraction under EIP-4337. Although AA wallet projects have already spent significant time developing unique features based on the EIP-4337 standard, these distinct advantages will no longer exist, as EOA wallets can now achieve similar functionalities. This change will bring AA wallets into direct competition with widely-used EOA wallets like MetaMask, possibly requiring AA wallet teams to reposition their products. ● Future EOA wallets will be able to offer new features such as transaction sponsorship for gas fees, batch account and transaction management, and more. These functionalities can be updated over time, making them user-friendly for Web2 users and DeFi transactions. This may lead to novel and complex applications that attract Web2 users, and present a series of opportunities. History 1. AA adoption and compatibility have been low: The success of the AA market depends on the Ethereum ecosystem's adoption of EIP-4337. However, many DApps and Layer 2 solutions have yet to support it. The total number of smart contract wallets, estimated from the combined users of Gnosis Safe and Argent (the most popular products), is only around 150,000. 2. EIP-4337's technical solution lacks clarity: Although EIP-4337 defines contract interfaces for infrastructure components like Bundlers, Paymasters, and Signature Aggregators, Ethereum left several critical technical issues unsolved. These challenges require project teams to explore different technical implementations. *EIP-3074: Proposed in October 2020 and included in the Pectra upgrade on April 12, 2024. The main idea behind EIP-3074 is to delegate control of EOAs to smart contracts. This proposal allows any EOA to function like a smart contract wallet without needing to deploy a contract, enabling more complex transaction schemes such as gas sponsorship and batch transactions. ● So how does EIP-3074 turn existing EOAs into smart contracts? EIP-3074 introduces the AUTH and AUTHCALL opcodes, which together allow a smart contract to send transactions on behalf of an EOA. This makes it possible to perform multi-signature transactions, batch transactions, sponsored transactions, key recovery, and more accessible CeFi exchange deposits. ● Specifically, a user first signs a transaction offline, and then either the user or a gas sponsor sends it to the Invoker contract (a special intermediary contract), which uses AUTH and AUTHCALL to authenticate and execute each target contract. This setup allows smart contracts to take on greater management responsibilities, enabling various operations to be performed on behalf of users. ● Each EOA address can extend functionality by setting up an Invoker logic contract. Invokers are flexible and offer highly customizable transaction logic and permission control. They are closely associated with the intent-centric sector, where trading experience is optimized through the complex transactions incorporated in Invoker contracts. These include automated relaying transactions, conditional transactions, automated asset allocation, batch transaction aggregation, multi-signature transaction approval, time-limited transactions, integration with external systems, and specialized financial strategies. For example, a notable project ApertureFinance, which has handled transactions worth $2.6 billion, is popular among institutional traders. However, if the Invoker contract is compromised, it can lead to significant financial losses for users. *EIP-7702: Proposed by Vitalik Buterin and built upon the core functionalities of EIP-3074 EIP-7702 allows EOAs to temporarily act as smart contract wallets during transactions, enabling EOAs to perform complex operations limited to smart contracts. This greatly enhances the functionality and flexibility of EOAs. Although this proposal operates at the protocol layer, it does not require permanent changes to the EVM when temporarily using the smart contract code, making it highly compatible. Under EIP-7702, a smart contract code can be temporarily assigned to an EOA within a single transaction. This trustless approach ensures that any access or contract signature is removed after the transaction. A smart contract's code is stored in "contract_code." Typically, the "contract_code" field is empty since EOAs are not contracts. However, during the transaction, this field is temporarily filled with a smart contract code. EIP-7702 introduces a new transaction type that accepts both contract_code and signature fields. At the start of the transaction, the contract code from the signer's account is set as contract_code. At the end of the transaction, contract_code is reset to empty. ● EOAs can dynamically include smart contract codes during transactions, allowing them to execute multiple actions within a single transaction, such as batch processing and complex instructions. This simplification reduces transaction costs and operational complexity, making it particularly valuable for highly interactive financial applications like DeFi platforms. ● Additionally, EIP-7702 introduces a new permission management mechanism called "permission downgrading." This feature allows account holders to assign specific permissions to sub-keys, enhancing account security. Fine-grained permission control lets users limit the actions sub-keys can perform, preventing unauthorized transactions and misuse. ● EIP-7702 also includes transaction sponsorship, where one account can pay transaction fees on behalf of another. For instance, a service provider may cover costs for its customers, which simplifies user experience and potentially attracts more users. ● Currently, EIP-7702 has just been included in the Pectra upgrade, with details still unclear. However, given its significance as a key gateway in Web3—similar to how MetaMask and DeFi Summer enhance each other—this new Web2-friendly wallet solution could drive the development of new applications. Therefore, it merits close attention. At the same time, core DeFi applications such as Uniswap have also responded positively to EIP-7702. EIP-7623: Proposed by Vitalik to increase calldata costs, reduce block size, and boost overall Layer 2 performance Overview and background ● Since the implementation of EIP-1559, the block gas limit on Ethereum has remained constant. Meanwhile, as more rollups post data to Ethereum's calldata, the average block size has been steadily increasing. ● Calldata represents the data used for function calls in Ethereum smart contracts, including function selectors and parameters. While calldata is temporary and discarded after transaction execution to ease storage pressure, it still occupies block space and incurs gas fees. ● Following EIP-4844, rollup data are stored in blobs, which are now the preferred method for data availability (DA). ● This shift necessitates a reassessment of calldata pricing, particularly in addressing inefficiencies related to the average and maximum block sizes. The existing fee model and block size limits have failed to optimize calldata usage, leading to underutilized resources and higher costs. ● Ethereum's theoretical maximum block size is 1,875,000 bytes (1,831 KB), but the actual average size is only around 100 KB. This discrepancy is primarily due to the high gas fees associated with calldata, which reduce transaction volumes and leave block space underutilized, diminishing network efficiency and scalability. ● By introducing a calldata base fee for transactions primarily using Ethereum for DA, EIP-7623 reduces the maximum block size and frees up space for more blobs. There is another related proposal: ● EIP-7706, introduced by Vitalik Buterin, aims to create a separate fee market for calldata, setting independent base fees and gas limits for further optimized transaction costs and network performance. Overall impact ● Improved Ethereum Efficiency: The proposal aims to enhance transaction processing speeds and resource usage efficiency, preventing unnecessary cost increases and reducing calldata fees. This will help lower average transaction costs, better utilize network resources, and improve Ethereum's overall performance. ● Benefits for Layer 2s: The blob data design introduced in EIP-4844 complements this proposal. By aligning the base fee mechanism, Layer 2 solutions can more effectively use Layer 1 resources to boost overall Layer 2 and application performance. ● Advantages for Sequencers: Optimizing the fee structure for calldata and blob data can significantly lower the costs associated with data publication for sorters. Decentralized sequencers like Morph, Metis, Espresso, Eigenlayer, Astria, SUAVE, and Radius will benefit from these improvements. EOF-related Upgrades What Is EOF? Ethereum Object Format (EOF) is a new standard introduced as part of the Pectra hard fork. EOF aims to improve how smart contracts are created and executed on the Ethereum network. By providing a more structured and efficient approach to managing smart contracts, EOF simplifies and secures the development process. EOF introduces a new format for Ethereum smart contracts, making them easier to read and manage. This format helps reduce errors and enhance security by clearly defining the behavior of smart contracts. For developers, this means fewer bugs and vulnerabilities, resulting in more reliable applications on the Ethereum network. EOF also improves the Ethereum Virtual Machine ( EVM ), the core component responsible for executing smart contracts. These enhancements make the EVM more efficient, enabling it to process more transactions simultaneously without slowing down. This is crucial for maintaining a responsive network as the number of users and applications grows. Impact on the Pectra Upgrade The inclusion of EOF in the Pectra hard fork enhances the upgrade's overall effect. By making smart contracts more secure and easier to develop, EOF ensures that new features introduced in Pectra—such as social recovery and transaction batching—can be implemented safely and efficiently. EOF also supports the scalability improvements brought by Pectra. As the Ethereum network expands, it needs to process more transactions and run more smart contracts without sacrificing speed or security. The enhancements to the EVM and smart contract structure provided by EOF are key to achieving this goal. Benefits for Developers and Users For developers, EOF streamlines the process of creating and maintaining smart contracts. Clearer rules and better tools mean fewer errors and more robust applications. This, in turn, benefits users by providing more reliable and secure decentralized applications on the Ethereum network. For users, the improvements brought by EOF result in a better overall experience. Faster transaction processing and more secure applications make Ethereum more appealing for everyday use. Whether for financial transactions, gaming, or other applications, users can enjoy a smoother and safer experience on the Ethereum network. Overall, EOF is an integral part of the Pectra hard fork. It enhances the security and efficiency of smart contracts and supports the broader goals of the Pectra upgrade. By improving developer experience and ensuring better performance and security, EOF contributes to Ethereum's continued growth and innovation in the blockchain space. EIP-7594-PeerDAS: Data Available Sampling (DAS) in the Pectra Upgrade Protocol Overview PeerDAS, also known as EIP-7594, implements DAS on Ethereum. This proposal is expected to considerably enhance the network's capacity to support rollups and their DA needs. Specifically, PeerDAS aims to increase the number of blob transactions that validators can attach to a block, from 3 to 64 or more per block. PeerDAS is a notable enhancement in the Pectra upgrade, which is set to launch at the end of Q1 2025. PeerDAS addresses Ethereum's scalability challenges by ensuring data distribution and availability using existing peer-to-peer (P2P) components. Key Features and Advantages of PeerDAS 1. Scalability and Efficiency: PeerDAS improves Ethereum's scalability by distributing the responsibility of DA across the network. Instead of relying on a few nodes to store and verify all data, it spreads the workload across multiple nodes, increasing overall network efficiency and resilience. 2. Improved DA: Using DAS, PeerDAS ensures that the data needed to verify transactions is accessible without overburdening any single node. This method involves checking a small, randomly selected subset of data to verify the availability of the entire dataset, reducing the strain on individual nodes. 3. Enhanced Network Resilience: By leveraging Ethereum'sbP2P components, PeerDAS strengthens the network's resistance to attacks and disruptions. This improvement in DA makes it harder for a single node of failure to compromise the entire network. 4. Integration with Other Upgrades: PeerDAS is part of the broader Pectra upgrade, which includes enhancements like EVM, EOF, and new EIPs such as EIP-7702. These upgrades collectively aim to optimize transaction processing, boost smart contract capabilities, and enhance user experience and security. PeerDAS represents a crucial step toward improving Ethereum's scalability and resilience. By enhancing DA and leveraging Ethereum's decentralized network, PeerDAS lays the groundwork for a more robust and efficient blockchain ecosystem. Two Advantages Fostering DeFi development ● Increased Transaction Speed and Efficiency: PeerDAS enhances Ethereum's transaction speed and efficiency, allowing DeFi applications to process large volumes of transactions more quickly. This reduces wait times and improves user experience. ● Lower Transaction Costs: With increased network efficiency, PeerDAS helps reduce transaction costs, making DeFi projects more cost-effective and attractive to users. Supporting emerging applications and innovations ● Expansion of Smart Contracts: The combination of PeerDAS with other improvements, such as EIP-7702, enables more flexible smart contracts, supporting innovative applications like decentralized identity verification and complex financial derivatives. ● Cross-Chain Interoperability: Enhanced data availability and network performance make Ethereum more capable of interacting with other blockchains, driving the development and innovation of cross-chain applications. Benefit to ZK Prover Networks Despite being powerful, zero-knowledge (ZK) technology faces challenges such as long zero-knowledge proof (ZKP) generation times and centralized Provers. Therefore, following ZK Rollups, ZKP generation hardware acceleration and decentralized Prover networks is becoming a trending sector in the primary market. In this sector, companies like Succinct @SuccinctLabs and Cysic @cysic_xyz have raised $55 million and $12 million, respectively. For instance, Cysic @cysic_xyz leverages its capability of designing ZK hardware acceleration chips to promote its ZK proving layer, Cysic Network. As the market for ZKP generation services is still in its infancy, revenues are insufficient to cover Prover hardware depreciation, electricity costs, and operational maintenance. Therefore, ZK Prover networks often raise funds by issuing tokens and then reward Prover nodes through PoW to encourage adoption. The Dencun upgrade catalyzed the emergence of several Layer 2 solutions with fully diluted valuations (FDVs) ranging from billions to tens of billions of dollars. Likewise, the Pectra upgrade is expected to ignite a new wave of ZK Prover networks with similar FDVs. EIP-7251: Increasing the maximum effective balance and raising the validator staking cap from 32 ETH to 2,048 ETH Protocol Overview EIP-7251, also known as " maxeb," is an enhancement proposed for the upcoming Ethereum Pectra hard fork. This change aims to mitigate the risk of instability in the beacon chain as the staked ETH approaches or exceeds 50% of the network's total. Maxeb allows for the consolidation of multiple validators into fewer "super validators," streamlining operations without affecting monetary policy or rewards. It also benefits individual stakers by enabling them to accumulate rewards beyond the current 32 ETH limit. However, there is division within the Ethereum community regarding the inclusion of maxeb in Pectra. The main concerns focus on its impact on network decentralization and validator diversity, with fears of potential centralization and reduced participation from smaller validators. Proposal Motivation and Expected Impact 1. Reduced number of validators With increased maximum effective balance, the total number of validators can be reduced, easing the network's load and improving efficiency. 2. Enhanced economic security Raising the maximum effective balance can strengthen the network's economic security by preventing instability from a highly dispersed validator pool. 3. Lower operational costs For large node operators, the proposal can reduce the need for multiple validators, lowering operational costs and maximizing rewards. Ethereum developers have agreed to limit the staking ratio to 1/4, allowing individual validators to stake up to 2,048 ETH instead of the current cap of 32 ETH. Increasing the maximum effective validator balance enables operators to manage fewer but higher-staked validators, potentially simplifying operations. Latest Developments ● On June 27, 2024, Ethereum developers discussed and coordinated changes to Ethereum's consensus layer (CL, or the beacon chain). They explored new research on client diversity data collection and multi-client block validation. ● Pectra Devnet 1 is nearing readiness for release. The Ethereum Foundation's DevOps team is awaiting the readiness of the execution layer (EL) clients. Meanwhile, PeerDAS Devnet 1 has been launched, featuring implementations from three different CL clients. Reference： https://eips.ethereum.org/EIPS/eip-7600 https://cryptomaniaks.com/ethereum-pectra-hard-fork-eof-cfi-prague-electra https://github.com/ethereum/ercs/blob/master/ERCS/erc-4337.md?ref=blog.quicknode.com#backwards-compatibility https://www.galaxy.com/insights/research/ethereum-all-core-developers-execution-call-187/ https://ethereum-magicians.org/t/eip-7623-increase-calldata-cost/18647 https://ethroadmap.com/?ref=bankless.ghost.io#pectra%20sticky （Etherum 升级Roadmap） About Us This article is a product of diligent work by the HTX Research Team that is currently under HTX Ventures. HTX Ventures, the global investment division of HTX, integrates investment, incubation, and research to identify the best and brightest teams worldwide. With more than decade-long history as an industry pioneer, HTX Ventures excels at identifying cutting-edge technologies and emerging business models within the sector. To foster growth within the blockchain ecosystem, we provide comprehensive support to projects, including financing, resources, and strategic advice. HTX Ventures currently backs over 300 projects spanning multiple blockchain sectors, with select high-quality initiatives already trading on the HTX exchange. Furthermore, as one of the most active FOF (Fund of Funds) funds, HTX Ventures invests in 30 top global funds and collaborates with leading blockchain funds such as Polychain, Dragonfly, Bankless, Gitcoin, Figment, Nomad, Animoca, and Hack VC to jointly build a blockchain ecosystem. Feel free to contact us for investment and collaboration at VC@htx-inc.com Company Website https://www.htx.com/ventures About HTX Ventures HTX Ventures, the global investment division of HTX, integrates investment, incubation, and research to identify the best and brightest teams worldwide. With a decade-long history as an industry pioneer, HTX Ventures excels at identifying cutting-edge technologies and emerging business models within the sector. To foster growth within the blockchain ecosystem, we provide comprehensive support to projects, including financing, resources, and strategic advice. HTX Ventures presently backs over 200 projects spanning multiple blockchain sectors, with select high-quality initiatives already trading on the HTX exchange. Furthermore, as one of the most vigorous Fund of Funds (FOF) investors, HTX Ventures collaboratively forges the blockchain ecosystem alongside premier global blockchain funds, including IVC, Shima, and Animoca. Contact Details EE glo-media@htx-inc.com Company Website https://www.htx.com/en-us/ventures

August 14, 2024 04:17 AM Eastern Daylight Time

COMCAST RISE AWARDS GRANT PACKAGES TO 100 SOUTHERN COLORADO SMALL BUSINESSES

Comcast Colorado

Today, Comcast announced the 100 businesses in Southern Colorado that will receive comprehensive grant packages, which include business consultation services, educational resources, a $5,000 monetary grant, creative production, media schedule, and a technology makeover. Comcast RISE is committed to supporting the growth of all small businesses, while advancing the objectives of diversity, equity, and inclusion, as well as community investment. The program was created to help businesses and their communities thrive, with a focus on economic growth. The regions in this round included Atlanta, Houston, Jacksonville, Richmond, VA and Southern Colorado. A total of 100 grants per city, or 500 grants overall, were announced today and will be awarded in September 2024. A sample of Southern Colorado grant recipients include: · RAD Hostel, Colorado Springs · ColorSplashPaintball, Pueblo · The Walter Brewing Company, Pueblo “RAD Hostel is all about creating an awesome Colorado experience for our guests. As our high ratings, awards, and guest reviews show, we are achieving our mission. However, we are lacking in getting the word out,” said Erin Welch, owner of RAD Hostel. “I'm honored and excited about being selected to receive this grant and I'm confident that with the marketing assistance and technology makeover, we can more effectively share the type of experience we offer, increase our occupancy, and ensure more happy guests have a RAD Colorado experience.” “I purchased this paintball business in March of 2019, and it was flourishing until the pandemic hit. I had to use all my capital just to keep the doors open. My planned projects and dreams were put on hold,” said Rique Lucero, owner of ColorSplashPaintball. “Thanks to Comcast RISE, I now have an opportunity for a fresh start, and resources to grow my business.” “Comcast is committed to supporting and empowering small businesses in our communities,” said J.D. Keller, senior vice president of Comcast’s Mountain West Region. “The Comcast RISE program will deliver innovative and impactful resources that will make a lasting impact on small businesses in Southern Colorado.” Comcast RISE was created in November 2020 to help small businesses hardest hit by COVID-19, from bakeries and barber shops to childcare centers and cleaning services, by providing the grants needed to survive and recover. The program has evolved from helping businesses survive the pandemic, to helping businesses and their communities thrive with a focus on economic growth. Grant packages include: COACHING SESSIONS - Business assessment and coaching that provide business owners with recommendations on how to help grow their businesses. EDUCATION RESOURCES - 12-month access to online entrepreneurship courses, learning modules and resources for small business owners. MONETARY GRANT - $5,000 monetary grant. CREATIVE PRODUCTION & MEDIA – Professionally produced 30-second TV commercial, plus a media strategy consultation and a 180-day linear media schedule. (Taxes and other fees may apply for production and media services.) TECHNOLOGY MAKEOVER - Computer equipment and Internet, Voice and Cybersecurity services for 12 months. (Taxes and other fees may apply for tech makeover services.) In addition, any small business owner can visit the Comcast RISE destination on X1 featuring aggregated small business news, tips, insights, and more. X1 customers can say “Comcast RISE” into the voice remote. Comcast RISE is part of Project UP, the company’s $1 billion commitment to advance digital equity through programs and community partnerships that connect people to the Internet, advance economic mobility and open doors for the next generation of innovators, entrepreneurs, storytellers and creators. More information is available at www.ComcastRISE.com. About Comcast Corporation Comcast Corporation (Nasdaq: CMCSA) is a global media and technology company. From the connectivity and platforms we provide, to the content and experiences we create, our businesses reach hundreds of millions of customers, viewers, and guests worldwide. We deliver world-class broadband, wireless, and video through Xfinity, Comcast Business, and Sky; produce, distribute, and stream leading entertainment, sports, and news through brands including NBC, Telemundo, Universal, Peacock, and Sky; and bring incredible theme parks and attractions to life through Universal Destinations & Experiences. Visit www.comcastcorporation.com for more information. Contact Details Leslie Oliver +1 303-810-6326 leslie_oliver@comcast.com Company Website https://colorado.comcast.com/

August 13, 2024 11:51 AM Mountain Daylight Time

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COMCAST RISE AWARDS GRANT PACKAGES TO 100 SOUTHERN COLORADO SMALL BUSINESSES