News Hub | News Direct

Lifestyle

Beverage: Coffee/Tea/Non-Alcoholic Beverage: Spirits/Beer/Wine Casino/Gaming Fashion Food/Cooking/Baking Health & Fitness Home Goods Hospitality Leisure Activities & Hobbies Parenting Pets Photography Seniors Travel & Tourism
Article thumbnail News Release

ACTIVATE EXPANDS AS THE WORLD'S LEADING ENTERTAINMENT GIANT WITH AN AMBITIOUS LAUNCH INTO THE DACH REGION OF CENTRAL EUROPE

Activate

Activate, the world’s first active gaming facility and TikTok viral sensation, is thrilled to unveil its ambitious expansion into the DACH region. This power move, fueled by an exclusive partnership with VRex Entertainment—the leading BattleKart franchisee and Germany's first EVA franchisee, as well as Sounds Fun Entertainment, creators of Breakout Escape Rooms, ushers in a new era of immersive entertainment across Germany, Austria, and Switzerland. “Our expansion into the DACH region marks an exciting new chapter for Activate as we bring cutting-edge entertainment to Germany, Austria, and Switzerland,” said Adam Schmidt, CEO and founder of Activate. “This isn’t just growth—it’s a vital step in our mission to redefine active, tech-driven experiences on a global scale. Our partnerships with VRex Entertainment and Sounds Fun Entertainment amplify our vision, and we can’t wait to introduce this innovative experience to a new audience.” VRex Entertainment first discovered Activate in 2022 through a video of its popular Mega Grid game room. The German expansion will kick off with four locations in the first year, followed by five new locations annually, building unstoppable momentum through to 2029. “We’re thrilled to bring Activate to Germany and transform the DACH region into a new global hub for immersive entertainment,” said Christian Ebster, Co-Founder of VRex Entertainment. “Our partnership with Sounds Fun brings invaluable expertise in family entertainment, making them the ideal partner to help us create vibrant, active experiences that resonate with all ages. Together, we’re excited to launch an entirely new kind of game-based adventure that we’re confident families and friends across Germany will love. With their deep industry insight and our shared commitment to innovation, we look forward to establishing Activate as a premier entertainment brand throughout Germany and beyond.” “Our partnership with Activate and founders Adam and Megan Schmidt started in 2019,” says Jeremiah Sizemore of Sounds Fun Entertainment. “As the first to bring Activate to the U.S., we’ve enjoyed incredible growth together, opening multiple locations with more on the horizon. Now, we’re thrilled to share our expertise with VRex Entertainment to help elevate Activate to the next level.” Founded in 2017, Activate has redefined the entertainment industry. Now with over 30 locations in North America, a flagship store in the Middle East (Dubai), 15 more under development worldwide, and plans for 200 future openings, Activate’s global growth journey is on a fast trajectory. The first German Activate location is slated to open in Q2 of 2025. For more information, visit playactivate.com or follow @activategames on social media for the latest updates. Activate is the world’s first active gaming experience where players #EnterTheGame. Activate offers a unique blend of physical activity and gaming that promotes a healthy lifestyle. Each Activate location provides fun and interactive rooms for players to compete, earn stars and track achievements. With the global headquarters located in Winnipeg, Canada, Activate has grown to 30 locations across Canada, the U.S. and now the world! To join the active gaming movement, visit playactivate.com. Follow Activate on social media: Facebook: Activate Instagram: @activategames TikTok: @activategames EDS: Click here for high-res assets Contact Details Jive PR + Digital Jalila Singerff +1 613-614-6777 jalila@jiveprdigital.com Company Website https://playactivate.com

November 19, 2024 08:00 AM Eastern Standard Time

Article thumbnail News Release

New AI-Powered Mobile App Delivers Early Prediction of Heart Attack or Stroke

Before Health Intelligence Ltd.

Before Health Intelligence, Ltd. today emerged from stealth and announced a new mHealth app called Antshrike ™ that uses AI to transform wearable device data into highly precise and specific predictive cardiovascular health warnings. As an iOS app, Antshrike uses proprietary AI algorithms to identify early warning signs of critical cardiovascular events, such as heart attacks or strokes, with high predictive accuracy for individuals at risk. The app processes biometric time-series data collected by commercially available Apple smart phones and smart watches, calculates individual risk of critical events in real time and predicts when and how changes in a patient’s health states may occur. By notifying patients of imminent danger in advance, Antshrike enables timely intervention by healthcare providers, paving the way for personalized medical intervention and treatment and improved medical outcomes. “In South America, the Antshrike bird warns primates of upcoming dangers,” said Before Health Intelligence CEO & co-founder Ekaterina Mitricheva, MD, PhD. “We developed our new digital health app by the same name to warn those at risk of major ischemic cardiovascular events before they take place. With cardiovascular disease as the number one cause of death worldwide, there is an urgent need to predict and prevent heart attacks and strokes.” The Antshrike mHealth app: Passively monitors health status without interrupting daily routines, social interactions and work habits Predicts the danger and timing of cardiovascular events with more than 85% accuracy in a personalized manner Uses proven science based on decades of research, more than 130 billion data points analyzed by Before Health Intelligence’s scientists, as well as open source CDC data from tens of thousands of individuals Assures HIPAA-compliant patient privacy by preprocessing individual patient data (not patient records) on a patient’s phone with anonymized preprocessed values that can never be traced back to any specific person Requires no manual input of data or reliance on expensive hospital equipment and procedures Assists healthcare providers in saving more lives since timely predictive interventions are known to reduce the probability of lasting effects or fatality Antshrike uses two layers of AI, static and dynamic, to calculate an individual’s risk of critical events in real-time. The static layer processes data entered by an individual to determine an initial risk score, and the machine learning algorithm is trained on over 500,000 CDC datapoints of approximately 23,000 individuals. The dynamic layer collects and analyzes biometric time-series from smart watches in real-time, uses the proprietary AI algorithm to identify early warning signs of critical state transitions, and then delivers a personalized, time-sensitive risk score for an upcoming major ischemic cardiovascular event. The freemium app is expected to be available in the U.S. in 2025. To become a partner or learn more about the product, visit https://www.before-intelligence.com/contact. About Before Health Intelligence Ltd. Before Health Intelligence, a medical device manufacturer developing software-as-a-medical device (SaMD), offers mobile applications that identify the early warning signs of critical events in complex diseases. The apps analyze each individual’s health data, recorded by leading smart watch brands in combination with proprietary AI algorithms and data sets, as well as open source data from the Center for Disease Control (CDC). This continuous monitoring alerts individuals of early warning signs of critical cardiovascular events (e.g., heart attacks or strokes) or neuropsychiatric events (e.g., alcohol addiction relapse), enabling timely medical intervention and improved survival rates. Founded in 2022, the Before Health Intelligence team is comprised of highly skilled medical professionals, mathematicians, physicists and programmers with research experience at institutions such as Princeton University, Max Planck Society and MIT. Learn more at https://www.before-intelligence.com and follow the company on LinkedIn. Contact Details Rainier Communications Michelle Allard McMahon or Jenna Desimone beforehealth@rainierco.com Company Website https://www.before-intelligence.com/

November 19, 2024 07:45 AM Eastern Standard Time

Image
Article thumbnail News Release

Interoperability vs Fragmentation: Why Cross-Chain Solutions Matter for the Future of DeFi

Elluminex

Ethereum has Uniswap, Binance has PancakeSwap and Solana has Jupiter. Despite being one of the largest Layer 1 platforms, TON still lacks a competitive and effective DeFi protocol. Let’s run the numbers on TON: $13.4 billion in market capitalization, 950 million users, and over 1 billion transactions. Experts believe that any project that captures the first-mover advantage could see incredible returns as the cycle progresses. This is where Elluminex comes into play. A state-of-the-art cross-chain protocol that unites isolated blockchains, bringing all the best opportunities in one place. With analysts tipping Elluminex as one of the hottest plays of the 2024/2025 cycle, let’s see why it’s special. Decentralization Shouldn’t Mean Division The Elluminex decentralized exchange is the ecosystem’s flagship feature. Through its innovative Cross-Chain Bridge, Elluminex acts as a meeting point between all major blockchains. This will allow users to effortlessly swap assets while enjoying high transaction speeds and the lowest possible fees. This also enhances liquidity as it’s sourced from across the various blockchains, resulting in minimal slippage, even in high-volume situations. Investors will be welcomed by a lean and intuitive interface, which will make trading a secure stress-free experience. To further improve ease of access and privacy, Elluminex does away with KYC verification and allows users to access the platform just by connecting their self-custodial wallets. Through this feature alone, Elluminex could change the game and set new standards in terms of usability, security, and scalability. But it doesn’t end here. How Elluminex Leaves The Competition In The Dust Elluminex users will have an additional edge in whale trading and investing, thanks to the exclusive Elluminex portfolio tracker. They will be able to keep track of all their assets and manage them in the most efficient way possible. Through this feature, users will also have access to real-time analytics. This will allow them to keep up with the latest market updates and make informed decisions based on raw, no-nonsense data. Moreover, Elluminex's intriguing premarket feature will grant early access to TON-based projects before they hit exchanges. Investors will have the opportunity to capitalize on the latest-released gems without having to wait for whales to load up first or become exit liquidity for insiders it is often the case. DeFi Education Furthermore, Elluminex understands that the primary reason hindering DeFi adoption is that the space is inherently complex. Many newcomers often feel intimidated as they try and make sense of its inner workings. With its convoluted terminology and often opaque mechanics, DeFi’s potential is limited by these unintended barriers of entry. The truth is simple, without education DeFi can’t grow. This is why Elluminex has made it a mission to demystify DeFi by fostering an inclusive and educational environment. This initiative will help users understand core concepts and assist them in making informed decisions throughout their crypto journey. The $ELX Token The Elluminex ecosystem is powered by the native $ELX token. Users will reap substantial rewards from engaging with the platform and its advanced staking and farming model. 50% of the $ELX supply will be available during the presale which is set to launch soon. The rest of the tokens will be allocated toward marketing efforts, rewards, liquidity, and exchange listings. In addition to this, the tokenomics of $ELX also comprise a burn mechanism, which will automatically remove tokens from circulation, ensuring robust price stability and long-term growth. Once the presale is live, users will have the opportunity to invest in a project that could reinvent DeFi. Now is the time to start paying attention! For more information about Elluminex visit the links below: Website: https://elluminex.com/ Twitter/X: https://x.com/elluminex Telegram: https://t.me/Elluminex Elluminex aims to be the first comprehensive DeFi hub on the TON blockchain, designed to revolutionize the DeFi landscape. Our mission is to provide a seamless and user-friendly platform that empowers users to trade, stake, farm, bridge, and track their portfolios with ease. By leveraging the power of the TON blockchain, Elluminex seeks to offer unparalleled speed, security, and scalability, bringing DeFi to a network with over 950 million active users and over 1 billion recorded transactions. Contact Details Andy Green support@elluminex.com Company Website https://elluminex.com/

November 17, 2024 04:25 PM Eastern Standard Time

Image
Article thumbnail News Release

Could Hybrid Crypto Cutoshi (CUTO) Put Ethereum Based Tokens Back On The Map?

Cutoshi

While Ethereum is making a mini-comeback during cryptocurrencies most bullish period of the year, Ethereum has largely succumbed to waning hype in 2024. As we enter into a meme super-cycle, Ethereum memes could single-handedly see Ethereum reach new all-time-highs. Pepe’s Coinbase listing perfectly showcases this, though for investors seeking considerable ROI, Cutoshi could be one of the most lucrative prospects during its presale. Cutoshi: The First Meme Token To Simplify DeFi For The Masses Aiming to be more than just a mere speculative meme token, at the forefront of Cutoshi’s ethos is to simplify DeFi for a wider audience. By extension, Cutoshi is able to appeal to a variety of demographics and experience levels, from whales and experienced traders, to brand new money entering the market as the bull run commences. This objective manifests through the ecosystem’s premier “Cutoshi Academy”, an all-exclusive educational platform that’s set to propagate a better future for cryptocurrency as aligned with Satoshi Nakamoti’s libertarian vision. By narrowing the knowledge gap and rendering complex blockchain concepts simple and digestible, the Academy empowers individuals to make informed decisions about their digital assets, and invest sensibly to maximize profits for the bull run. This educational initiative aligns with Cutoshi's mission to bring DeFi to the masses, fostering a more inclusive and decentralized financial future. At the heart of the Cutoshi ecosystem is its easy-to-navigate decentralized exchange (DEX). The multi-chain functionality of Cutoshi’s DEX ensures that users can seamlessly swap assets across various blockchain networks on a whim, saving both time and money. Cutoshi’s DEX is superior to CEX platforms, which rely on centralized entities and can be a hassle to use. This feature makes it easier for beginners and seasoned traders alike to participate in DeFi without the complexity often associated with inconvenient multi-chain platforms. All users need to do is connect their wallet, select the crypto they want to swap, and confirm the transaction. It’s that easy. Lucrative Incentives Bolster Cutoshi’s Bullish Outlook Cutoshi’s token farming mechanism is a core feature designed to reward community engagement. Users can complete quests, collect points, and claim rewards, turning participation into an engaging experience. This gamified approach incentivizes regular interaction with the platform and allows users to earn valuable CUTO tokens and exclusive perks. Unlike many DeFi projects, Cutoshi emphasizes shared success by redistributing a portion of its revenues back to the community. This includes buy-and-burn mechanisms to reduce the supply of CUTO tokens, driving scarcity and value for holders. Farming and staking rewards are structured to provide consistent returns, creating a sustainable income stream for all participants. This model ensures that the ecosystem’s growth translates into tangible benefits for its supporters, incentivizing Cutoshi’s community to partake in raids and contribute towards the marketing efforts of Cutoshi. Cutoshi’s NFTs add another layer of incentives for the community, offering unique and valuable digital assets to early adopters, active participants, and winners of challenges. These NFTs serve as collectibles and provide additional utility within the ecosystem, such as exclusive access to certain features or enhanced farming rewards. Poised For Immense Growth: Why Cutoshi Is Bound To Become A Top Meme Coin For This Bull Run Currently priced at $0.0259 during the third presale stage, Cutoshi exhibits potential to become one of Ethereum’s top meme tokens, potentially rivaling the likes of Pepe in terms of sheer lucrative potential. Given the massive hype for Cutoshi preceding the next major pump of the bull run, interested buyers are urged to act quickly before Cutoshi’s price increases for the next stage of the presale. Don’t miss out on this new meme gem! For more information on the Cutoshi (CUTO) Presale: https://cutoshi.com/ Join and become a community member: https://twitter.com/CutoshiToken https://t.me/cutoshi Welcome to Cutoshi, the revolutionary meme coin, DeFi hub and educational platform inspired by the Lucky Cat and Satoshi Nakamoto’s teachings. Traditionally, people put the Lucky Cat in their homes and businesses to maximize its lucky powers and bring them good fortune and wealth. Now Cutoshi the Lucky Cat is on the blockchain bringing luck, prosperity, and wealth to your digital assets. Cutoshi is creating a path to financial freedom, for those who choose to honor the power of the Lucky Cat. Supporting the principles of freedom, privacy, anonymity, and monetary empowerment for the masses. Cutoshi aims to bring the benefits of blockchain to everyone. The regulatory environment surrounding cryptocurrencies is evolving and varies across jurisdictions. It is your responsibility to ensure compliance with applicable laws and regulations in your country or region before engaging with Custoshi. Contact Details Cutoshi hello@cutoshi.com Company Website https://cutoshi.com/

November 17, 2024 02:18 PM Eastern Standard Time

Image
Article thumbnail News Release

Bitcoin Sets Another Record, As This MemeFi Sensation Continues Innovating, Are Meme Coins Next To Pump?

Cutoshi

Bitcoin (BTC) has made headlines by surging above $90k after pro-crypto candidate Donald Trump won the US presidency. Following Bitcoin’s stellar performance, meme coins have started rallying in massive numbers, which means that meme season 2.0 is effectively starting now. A newcomer in the meme space, Cutoshi, is making waves with its unique utility and intriguing reward system, prompting many BTC holders to rotate profits into the viral presale of the native $CUTO token. Let’s discover why Cutoshi could revolutionize meme coins and bring massive price multipliers to early buyers. Bitcoin Teasing Another Run Above $90K Bitcoin (BTC) has once again surprised everyone over the past week by adding $20k to its previous $72k all-time high in a matter of days. This explosion in the Bitcoin price was mainly due to the “Trump Pump” as the crypto community calls the Trump effect on the crypto market. At press time, Bitcoin sells for $89,784 with a noteworthy 32% monthly increase and an 18% weekly increase. These numbers are impressive given the sheer size of Bitcoin’s market cap of $1.7 trillion, which requires immense amounts of liquidity for the price of BTC to rise higher. Despite Bitcoin traders taking home over $8 billion in profit in the past two days, Bitcoin’s price action remains relatively stable. This is mainly due to the bullish sentiment pervading the crypto community, supported by a massive $129 billion in futures trading volume recorded on centralized exchanges. Cutoshi Continues To Shine As Presale Nears $1 Million Milestone Cutoshi continues to rise as attention is shifting from majors to newer, undervalued projects that can yield massive price multipliers and mint new millionaires along the way. With another meme season ramping up, Cutoshi is set to see exponential gains thanks to its innovative framework that merges meme culture and DeFi utility. Cutoshi draws inspiration from two sources — its vibe and aesthetic are based on the Lucky Cats of Japanese folklore that are said to bring good fortune to businesses and households. Additionally, by embodying the values of privacy and decentralization, Cutoshi also echoes the teachings of Bitcoin creator Satoshi Nakamoto. At the heart of the Cutoshi ecosystem, users will find CUTO DEX, a cutting-edge decentralized exchange that brings together isolated blockchains, allowing for seamless P2P transactions that jump the middleman. This means near-instant swaps across a wide range of assets with low fees. One of Cutoshi ’s most intriguing features is the Cuto Farm system, powered by the $CUTO token. Users can immediately participate by completing fun missions and quests that are aimed at establishing Cutoshi’s presence in the crypto space. For their loyalty and efforts, they will receive Cuto points that can later be redeemed for more $CUTO once the token launches. Moreover, by staking their tokens and supporting the ecosystem, users will also have the opportunity to earn recurring rewards on autopilot. Another star feature that sets Cutoshi apart from the competition is the unique Cutoshi Academy. This is a learning hub that will lend a helping hand to beginners and teach them the fundamentals of DeFi, trading, and portfolio management. This initiative has already been praised as it greatly lowers entry barriers and demystifies aspects of the often confusing crypto world. Right now, stage 3 of the presale is live and $CUTO tokens are priced at $0.0259. At $850,000 in raised funds, demand is skyrocketing, with investors flocking to get an allocation at a discounted price. When taking into account all that this gem has to offer, it’s realistic to expect a monumental 2025 rally that could Cutoshi outperform many established majors such as Shiba Inu and Dogwifhat. Don’t miss out! For more information on the Cutoshi (CUTO) Presale: https://cutoshi.com/ Join and become a community member: https://twitter.com/CutoshiToken https://t.me/cutoshi Welcome to Cutoshi, the revolutionary meme coin, DeFi hub and educational platform inspired by the Lucky Cat and Satoshi Nakamoto’s teachings. Traditionally, people put the Lucky Cat in their homes and businesses to maximize its lucky powers and bring them good fortune and wealth. Now Cutoshi the Lucky Cat is on the blockchain bringing luck, prosperity, and wealth to your digital assets. Cutoshi is creating a path to financial freedom, for those who choose to honor the power of the Lucky Cat. Supporting the principles of freedom, privacy, anonymity, and monetary empowerment for the masses. Cutoshi aims to bring the benefits of blockchain to everyone. The regulatory environment surrounding cryptocurrencies is evolving and varies across jurisdictions. It is your responsibility to ensure compliance with applicable laws and regulations in your country or region before engaging with Custoshi. Contact Details Cutoshi hello@cutoshi.com Company Website https://cutoshi.com/

November 16, 2024 09:00 AM Eastern Standard Time

Image
Article thumbnail News Release

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

Elluminex

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

November 16, 2024 05:00 AM Eastern Standard Time

Image
Article thumbnail News Release

Decentralization and Its Impact on User Trust in DeFi

Elluminex

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

November 15, 2024 09:40 AM Eastern Standard Time

Image
Article thumbnail News Release

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

Benzinga

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

November 15, 2024 08:30 AM Eastern Standard Time

Image
Article thumbnail News Release

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

Cutoshi

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

November 14, 2024 10:42 AM Eastern Standard Time

Image
12345 ... 337