News Hub | News Direct

Technology

Artificial Intelligence Big Data Cloud Computing Cyber Security Data Management Electronics Enterprise & Network Technology Financial Technology Hardware Mobile & Wireless Nanotechnology Semiconductor Software Telecommunications
Article thumbnail News Release

stUSDT Published Security Audit Report By ChainSecurity and Whitepaper

stUSDT

Singapore - July 9, 2024 - stUSDT has announced a partnership with leading security audit firm ChainSecurity, which conducted a comprehensive security audit of its smart contracts. The complete audit report and whitepaper is now available on stUSDT's official website. This initiative demonstrates stUSDT's commitment to safeguarding user assets and strengthens its position as a secure and trustworthy platform for real-world assets. ChainSecurity, renowned for its top-tier security audits, has previously audited for established industry players such as the Ethereum Foundation, Circle, Polygon, Uniswap, MakerDAO, Curve, Compound, Lido and Yearn. In their most recent audit of stUSDT's smart contracts, no critical or high-risk vulnerabilities were identified, demonstrating the platform's robust security measures. Following the audit, stUSDT has implemented security recommendations from ChainSecurity by upgrading its contracts on June 24. The updated system is under continuous monitoring to ensure smooth and secure operation. The complete audit report and whitepaper are readily accessible on stUSDT's official website. The whitepaper outlines the stUSDT protocol's architecture, design, and governance structure, as well as its robust infrastructure that’s designed to protect user assets. “We are pleased to announce the successful completion of stUSDT’s audit. Our thorough review, which was focused on access control, functional correctness and solvency, found no major issue. We thank the stUSDT team for their trust and professionalism as this audit underscores our commitment to maintaining the highest standards of security and reliability in the DeFi ecosystem” - Matthias Egli, Founding Partner at ChainSecurity. stUSDT, the first rebase RWA protocol, operates through the decentralized JustLend DAO platform. The stUSDT platform is dedicated to narrowing the gap between retail and institutional investors while connecting the crypto industry with the real world. By leveraging smart contracts, stUSDT ensures equitable opportunities for all to engage with real-world assets. Since its launch, stUSDT has gained significant popularity, reaching a total TVL of $269 million and offering an APY of 4.66% as of July 1, 2024. *Disclaimer: Please be aware that stUSDT and any related services or offerings are not available to users in the United States. This restriction includes any transactions, interactions, or engagements with stUSDT. Users residing in the U.S. should not participate in stUSDT-related activities. ABOUT stUSDT stUSDT is the first rebasing Real World Asset (RWA) stable yield protocol on the TRON and Ethereum networks. As a decentralized asset, the stUSDT token provides holders with tangible validation of their engagement in RWAs. Utilizing smart contracts, stUSDT enables decentralized asset strategies, transparent disclosure protocols, and robust asset management. By bridging traditional finance and blockchain technology, stUSDT empowers users to participate in real-world asset opportunities and benefit from potential yields. Setting a new standard for decentralized finance, stUSDT integrates stablecoin staking and RWA engagement with a focus on governance, security, and transparency. Website | X | Telegram | Discord | Medium Media Contact Colin Zhao contact@stusdt.io Contact Details Colin Zhao contact@stusdt.io

July 08, 2024 03:30 PM Eastern Daylight Time

Image
Article thumbnail News Release

HTX Ventures Announces Sponsorship of LSDFI Summit: Exploring the Future Development of LSDFI and DeFi

HTX Ventures

On July 8, 2024, HTX Ventures announced its sponsorship of the LSDFI Summit, a side event of the ECC conference in Brussels. Hosted by Tenderize, the LSDFI Summit is scheduled to take place this week on Monday (July 8). According to reports, the LSDFI Summit is a crucial gathering that brings together leading figures in the DeFi space to discuss the latest technological breakthroughs and emerging industry trends. HTX Ventures, as one of the main sponsors of this event, also participated in the roundtable discussions, sharing its perspectives on the future of liquid restaking and the development of DeFi. HTX Ventures has always been committed to supporting and promoting the development of innovative technologies, with the LSDFI domain being one of its key strategic focuses. Furthermore, Kelp DAO, Lombard, and Tomo, projects backed by HTX Ventures, will also make appearances at the event as sponsors. Kelp DAO is one of the leading liquid restaking protocols with $850M+ in assets under management across 45,000+ restakers. It facilitates liquid restaking for native ETH and LST across both the Ethereum mainnet and eight Layer 2 networks. Lombard is developing a Bitcoin restaking protocol designed to transform Bitcoin from a static store of value into a dynamic and productive financial asset. The goal is to contribute to the growth of the Web3 ecosystem. Tomo, an all-in-one Web3 social app, transforms users' online presence into a universal social wallet, fostering genuine, spam-free connections and financial incentives. HTX Ventures is honored to support the LSDFI Summit alongside these exceptional projects. It looks forward to engaging with industry peers at the summit to discuss the future of LSDFI and DeFi. This collaborative effort will allow all participants to explore the future direction of LSDFI and DeFi more broadly, exchange valuable insights, and foster innovation that facilitates the development of the entire industry. Collaborating with its investment department, HTX is dedicated to actively monitoring and supporting the development of the LSDFI and DeFi sectors. It will provide professional guidance, consulting services, an extensive resource network, liquidity pools, and a user base for portfolio projects. 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 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 Fund of Funds (FOF) investors, HTX Ventures collaboratively forges the blockchain ecosystem alongside premier global blockchain funds, including Dragonfly, Bankless Ventures, Gitcoin, Figment, and Animoca.Visit us here. Contact Details EE glo-media@htx-inc.com Company Website https://www.htx.com/en-us/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

July 08, 2024 12:30 PM Eastern Daylight Time

Article thumbnail News Release

Restaking Sector Speeds Up Amid Miner Surrender

HTX

HTX's Liquid Restaking event has performed well since its launch, especially in earnings. According to the platform data, the number of the event participants has reached over 100,000 and the APYs hit up to 88%. Additionally, the active assets engaged in the event are steadily growing. It is reported that the upcoming airdrops from hot projects like zkLink and EigenLayer have the potential to reach an APY of over 100%. In the aftermath of the late Bitcoin halving event on April 19, where the block reward for mining a new Bitcoin was cut in half, Bitcoin miners have begun to feel pressure and surrender. They may shut down underperforming equipment and start selling Bitcoin to hedge against risks. This traditionally signals that the market has bottomed out. As such, the restaking sector, one of the hottest in the past half-year, is now in its prime. The airdrops of projects like BounceBit, ETHFI, and zkLink boast a market buzz. Restaking Ignites New DeFi Possibilities The past six months have seen restaking projects blossoming, with more than $20 billion assets engaged. This sector has attracted a wide group of builders, including renowned institutions like the Ethereum Foundation, Polychain Capital, ABCDE Capital, major platforms like HTX, Binance, and OKX, as well as other tycoons. Compared to traditional staking, restaking allows users to re-stake their staked assets to generate extra earnings. This innovative model involves using smart contacts to ensure that the original staking and restaking are transparent and secure. The emergence of restaking boasts a far-reaching, positive impact on the cryptocurrency market. Firstly, it provides crypto holders with more earning opportunities and boosts their participation in the market. Secondly, the multi-layered staking mechanism enhances the overall security and stability of blockchain networks. Additionally, restaking has catalyzed the emergence of more innovative projects and applications, further driving the development of the cryptocurrency ecosystem. Strengths of HTX's Liquid Restaking: On-chain Airdrops, No Lockups, and Strict Risk Management According to the previous report, HTX, the world-leading exchange, has paid close attention to the restaking projects and accordingly increased its Liquid Restaking's quota to over $150 million. Recently, it introduced a new version of the event, featuring a clearer reward display and automatic update from LRS points to r-points. With no complex on-chain operations and no nail-biting project selection, the event sets itself apart by more advantages, including: ● Professional Team: Restaking projects engaged in the event are cherry-picked by the top-notch investment research team across multiple dimensions, such as security audits, on-chain TVL, and team composition. ● High Security: HTX adopts various security measures, including multi-signature and cold wallets, to keep users' assets safeguarded. ● Extreme User Experience: The event offers a concise interface, zero entry requirements, no lockups, and one-click operation. The process requires no manual on-chain operations. ● On-chain Airdrops: Automatic restaking adjustments get your assets engaged in multiple projects simultaneously, maximizing your earnings. HTX is presenting updates on its Liquid Restaking event. Starting on July 2, 2024, the redemption feature is available for r-BB (r-BounceBit) and the daily r-ETHFI giveaway is doubled. Let's look at the update details as follows: 1. r-BB redemption opens: July 2, 2024 2. Doubling Daily r-ETHFI Giveaway: Daily r-ETHFI points will be doubled from 50,000 r-ETHFI to 100,000 r-ETHFI. The redemption rate remains unchanged. 3. r-ETHFI Boost Period: July 2 - July 16, 2024. Please stay tuned for more boosts. Moreover, HTX's Liquid Restaking will continuously expand its business by increasing the event quota and introducing new premium projects based on event participation to help participants earn more than on-chain retaking. Liquid Restaking is a CEX-based airdrop event launched by HTX. It allows users to effortlessly enjoy popular on-chain airdrops for free, with no entry barriers. Participation is simple, but the opportunity is lucrative, as the restaking space boasts a market cap of tens of billions of dollars. It's easy to participate with a single click on the event page. All you need to do is open your HTX app, find Earn, and go to the Liquid Restaking page. Then you can just wait and receive juicy restaking rewards. About HTX Founded in 2013, HTX has evolved over a decade from a simple cryptocurrency exchange to a comprehensive blockchain business ecosystem. This expansion covers a wide range of services including digital asset trading, financial derivatives, wallets, research, investments, incubation, and more. As a world-leading portal to Web 3.0, HTX is committed to a growth strategy focused on global expansion, ecological prosperity, wealth effect, and safety and compliance. This approach enables us to offer comprehensive, safe, and reliable services and value to virtual currency enthusiasts around the world, reinforcing our position as a global gateway to Web3. Contact Details EE glo-media@htx-inc.com Company Website https://www.htx.com/

July 08, 2024 12:28 PM Eastern Daylight Time

Article thumbnail News Release

HTX Ventures Invests in Lombard to Develop the Bitcoin Restaking Ecosystem

HTX Ventures

Singapore / July 8, 2024 – To enhance the liquidity and the ecosystem for Bitcoin, HTX Ventures, the global investment arm of the cryptocurrency exchange HTX, has announced a strategic investment in Lombard. Lombard is a restaking protocol poised to catalyze growth across the Web3 ecosystem by transforming Bitcoin from a static store of value into a productive financial asset. Lombard builds its restaking product on top of the Bitcoin staking protocol Babylon, which allows individuals to use Bitcoin to secure other proof-of-stake networks. Lombard increases liquidity for staked BTC by issuing LBTC, a liquid and yield-bearing representation of BTC. LBTC can move seamlessly across chains and decentralized finance (DeFi) platforms as collateral without compromising security. LBTC will soon be integrated into the most popular DeFi protocols on the Ethereum Mainnet before launching on widely used Layer 2 (L2) chains later this year. “Liquid restaking is the next revolution for the Bitcoin Ecosystem, and Lombard is the project driving this transformation,” said Edward, Managing Partner at HTX Ventures. “Lombard is rapidly expanding to onboard the LBTC token onto major ecosystems and DeFi protocols. This will enable Bitcoin to be lent, borrowed, and traded, unlocking tremendous utility for Bitcoin holders and revitalizing the BTC ecosystem. HTX Ventures is incredibly excited to partner with Lombard to empower Bitcoin holders and the broader BTC ecosystem.” “We are delighted to have HTX Ventures for investing in the development of LBTC as a new core primitive. LBTC will unlock a massive amount of net-new capital into the ecosystem and bring new liquidity and users to DeFi protocols and exchange platforms. HTX Ventures shares Lombard’s mission to accelerate on-chain finance and we look forward to building on these synergies to accelerate the growth of LBTC,” said Jacob Phillips, Co-founder, Lombard. LBTC will soon be accessible to all and supported by all chains and DeFi protocols. Join the LBTC Waitlist for exclusive access to LBTC and rewards for early participation. About Lombard Named after the historic Lombard Street in London—a hub of financial activity since the Middle Ages—Lombard symbolizes a place where all participants are connected to opportunity. By adopting the Lombard name, we rebuild its legacy on digital blocks, transforming it into a modern nexus of innovation and connectivity. Founded in April 2024, Lombard is dedicated to unlocking Bitcoin's potential as a dynamic financial tool by connecting it to DeFi. We are a diverse team of DeFi natives, working with technology and infrastructure partners towards a shared, ecosystem-driven mission to collectively onboard Bitcoin to DeFi. 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 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 Fund of Funds (FOF) investors, HTX Ventures collaboratively forges the blockchain ecosystem alongside premier global blockchain funds, including Dragonfly, Bankless Ventures, Gitcoin, Figment, and Animoca. Visit us here. Contact Details EE glo-media@htx-inc.com Company Website https://www.htx.com/en-us/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

July 08, 2024 12:14 PM Eastern Daylight Time

Article thumbnail News Release

TRON DAO Announces HackaTRON Season 6 Winners and Season 7 Preview

TRON DAO

Geneva, Switzerland, July 8, 2024 - TRON DAO proudly announces the distinguished teams from HackaTRON Season 6, co-hosted by HTX DAO, BTTC, and JustLend DAO. With over a thousand participants building innovative projects in the TRON ecosystem, the season concluded with great success. Winners have been awarded their respective share of the $650,000 prize pool. Participants across various tracks, including Web3, DeFi, Artistry, Integration, and Builder, received the following amounts: 1st Place winners in each track received $25,000, 2nd Place winners received $15,000, 3rd Place winners received $10,000, 4th Place winners received $8,000, and 5th Place winners received $6,000. *Note: All prizes were issued in USDT equivalent in TRX, not USD, restrictions applied. The HackaTRON Season 6 winners by track are as follows: Judge-Selected Winners Web3 Track The Web3 category aims to honor teams that usher along the transition of Web 2.0 to Web 3.0 by introducing next-gen DAO tools, SocialFi, blockchain/web infrastructure, SDKs, and other Dapps. The winners of the Web3 track are as follows: BlinkAI by Blink Transatron by Transatron Toqen Factory by Decentra CIROTRX by Brutus Finance SaveWallet by TronSave DeFi Track Showcasing projects that transform finance through decentralization, empowering individuals with transparent, accessible, and inclusive protocols for asset management. The winners of the DeFi track are as follows: HandShake by HandShakers GuessThePrice by GuessThePrice ChickenSwap/Bot by Coconut Chicken Staqe Protocol by Decentra TronEnergize by TronEnergize Artistry Track Where entertainment meets blockchain technology. The artistry track spotlights creative prowess in visual projects that embrace GameFi, NFTs, assets, and ventures related to the Metaverse. The winners of the Artistry track are as follows: Unclaimed - Fall of Mankind by Unclaimed TOBA by TOBA STAR-EX by Theras-Labs Decentralised Character AI by PixelCrafter Tronquility by Arcane Oracle Integration Track The Integration track, previously coined as the A.I. track, prompts participants to integrate advanced protocols into the TRON ecosystem, urging them to incorporate existing protocols, Dapps, or services on TRON/BTTC into their applications. Participants create impactful features/tools for enhancing applications within the TRON/BTTC ecosystems. The winners of the Integration track are as follows: JustMoney Explorer by JustMoney CodeHive by HiveTeam AnkerPay Tron by AnkerPay File-Wallet by AmphibianDev BttTipBot by onchaindev Builder Track Acknowledging teams who have previously participated in TRON hackathons and have a working project that they would like to improve upon and update with new features. The winners of the Builder track are as follows: Block Fabric by BlockFabric Vaulidity (formerly Solide) by Solide Project USTX BOND by USTX Monetizado by Monetizado Pravahini by Pravahini Community Forum Selected Winners The prize distribution for the winners chosen by the vibrant TRON community forum is equally exciting: the first-place victor secured $7,000, the second-place winner $6,000, the third-place $5,000, and the fourth and fifth-place winners will be rewarded with $4,000 and $3,000, respectively. Web3 SaveWallet by TronSave ClaimFreeTRX by Stian uDawgBot by uDawgDAO CiroTRX by Brutus Finance Promptron by 0xmad DeFi TronEnergize by TronEnergize GuessThePrice by GuessThePrice ChickenSwap/Bot by Coconut Chicken HandShake by HandShakers Nobles by Nobles Artistry Unclaimed - Fall of Mankind by Unclaimed Decentralised Character AI by PixelCrafter STAR-EX by Theras-Labs Strongcoin by Strongteam Cricket Clash by Cricket Clash Integration JustMoney Explorer by JustMoney BttTipBot by onchaindev IntegraTRON by Decon File-Wallet by AmphibianDev CodeHive by HiveTeam Builder JustMoney Swap by JustMoney Pravahini by Pravahini World Craft by World Craft’ers OnChainVision by onchaindev AwpSwap by AwpSwap BONUS Prizes Project Engagement The project engagement category celebrates projects with strong community engagement that haven't yet received recognition. Jumble Dude QuestArcade Determination Prize The Determination Prize is for those projects that, despite not making it past the pre-selection round or being fully operational on the mainnet by June 28, have still earned outstanding feedback from the community. D-Safe Library ZombieLand Ecosystem Prize The Ecosystem Prize is applicable to projects that are actively involved in the TRON community, whether online or at events, and across various social platforms in the TRON ecosystem, but haven't yet received any prizes. ChickenWars Cukies Brain Buzz Community Contributor Prize At the heart of HackaTRON’s success lies the commendable efforts of the ‘Top 10 Community Contributors’, a testament to the power of active participation. These individuals are acknowledged for their unwavering commitment, each meriting a reward of $500: Andreaxino chukseucharia fabsltsa Gordian HODL ines_valerie manfred_jr Nweke-nature1 Prince-Onscolo Youngyuppie HackTRON Season 7 Preview As HackaTRON Season 6 concludes, TRON DAO is gearing up for an even more dynamic Season 7, with new sponsors, judges, and co-hosts. The tracks for HackaTRON Season 7 will remain consistent with those of Season 6. Participants can look forward to Web3, DeFi, Artistry, Builder and Integration categories. Stay tuned for further updates and announcements. HackaTRON Season 7 Key Dates Please see the important dates for Season 7 below: Jul 25 - Oct 8, 2024: HackaTRON S7 Submission Period Oct 9 - Oct 23, 2024: Pre-selection Period Oct 24 - Oct 31: Judging & Community Voting Period Nov 13: Qualifiers & Winners Announcement Stay updated and get involved by following TRON DAO on X and visiting the HackaTRON official page for the latest news and participation opportunities. Get ready to integrate, innovate, and inspire with HackaTRON Season 7! About TRON DAO TRON DAO is a community-governed DAO dedicated to accelerating the decentralization of the internet via blockchain technology and dApps. Founded in September 2017 by H.E. Justin Sun, the TRON network has continued to deliver impressive achievements since MainNet launch in May 2018. July 2018 also marked the ecosystem integration of BitTorrent, a pioneer in decentralized Web3 services boasting over 100 million monthly active users. The TRON network has gained incredible traction in recent years. As of July 2024, it has over 241 million total user accounts on the blockchain, more than 7.9 billion total transactions, and over $20 billion in total value locked (TVL), as reported on TRONSCAN. In addition, TRON hosts the largest circulating supply of USD Tether (USDT) stablecoin across the globe, overtaking USDT on Ethereum since April 2021. The TRON network completed full decentralization in December 2021 and is now a community-governed DAO. Most recently in October 2022, TRON was designated as the national blockchain for the Commonwealth of Dominica, which marks the first time a major public blockchain partnered with a sovereign nation to develop its national blockchain infrastructure. On top of the government’s endorsement to issue Dominica Coin (“DMC”), a blockchain-based fan token to help promote Dominica’s global fanfare, seven existing TRON-based tokens - TRX, BTT, NFT, JST, USDD, USDT, TUSD, have been granted statutory status as authorized digital currency and medium of exchange in the country. TRONNetwork | TRONDAO | X | YouTube | Telegram | Discord | Reddit | GitHub | Medium | Forum Media Contact Yeweon Park press@tron.network Contact Details Yeweon Park press@tron.network Company Website https://trondao.org/

July 08, 2024 10:10 AM Eastern Daylight Time

Image
Article thumbnail News Release

This Bitcoin Miner Is Ready To Expand With Q1 Performance Review

SATO Technologies Corp.

By Johnny Rice, Benzinga Romain Nouzareth, CEO and chairperson of SATO Technologies Corp. (OTC: CCPUF) (TSXV: SATO) was recently interviewed by Benzinga. SATO is a provider of efficient computing power. The company currently operates a data center tailored to produce computing power for Bitcoin mining, but may look to expand or add additional data centers for computing power for High Performance Computing, Artificial Intelligence and Layer 2 (L2) solutions. The company just posted promising financial results for Q1 2024. Watch the full interview here: Featured photo by André François McKenzie on Unsplash. SATO, founded in 2017, is a publicly listed company providing efficient computing power. The Company currently operates a data center tailored to produce compute power for Bitcoin Mining, but may look to expand or add additional data centers for computing power for Bitcoin Mining, High Power Computing (“HPC”), Artificial Intelligence (“AI”), and L2’s. This post contains sponsored content. This content is for informational purposes only and is not intended to be investing advice. Cautionary Statement Regarding Forward-Looking Information This news release contains certain forward-looking statements, including statements relating to the future performance of the Company, and other statements that are not historical facts. These statements reflect management’s current beliefs and are based on information currently available to management as at the date hereof.Forward-looking statements involve significant risk, uncertainties and assumptions. Many factors could cause actual results, performance or achievements to differ materially from the results discussed or implied in the forward-looking statements. These factors should be considered carefully and readers should not place undue reliance on the forward-looking statements. Although the forward-looking statements contained in this press release are based upon what management believes to be reasonable assumptions, the Company cannot assure readers that actual results will be consistent with these forward-looking statements. These forward-looking statements are made as of the date of this press release, and the Company assumes no obligation to update or revise them to reflect new events or circumstances, except as required by law. Contact Details Yujia Zhai +1 860-214-0809 yujia@orangegroupadvisors.com Company Website https://www.bysato.com/

July 08, 2024 08:30 AM Eastern Daylight Time

Video Image
Article thumbnail News Release

Stack Identity Announces Expansion of Its Identity-First Platform to Address Non-Human Identity Governance

Stack Identity

Stack Identity, a leader in identity security, announces a significant expansion of its platform to include non-human identities. This enhancement addresses the growing needs of modern enterprises in managing and securing digital identities, thereby bolstering identity security posture, threat detection, and compliance. "Bad actors are relentlessly targeting your identities, authentication processes, and IAM systems. Our platform correlates attacker enumerations and actions across IDP, cloud, SaaS, and databases to expose suspicious and malicious behavior, tackling the root causes of these exposures," said Venkat Raghavan, founder and CEO of Stack Identity. "The rise of the AI era has led to unprecedented data sharing through service principals, tokens, secrets and API keys creating significant challenges in governing non-human identities. The Stack Identity platform excels in seamlessly integrating human and non-human identities, recognizing that behind every non-human identity is a human who bears ultimate responsibility and accountability," said Al Ghous, CISO and Advisor. Key Features and Benefits Comprehensive Identity Governance: Stack Identity's platform offers the industry's first converged solution for identity security governance, integrating governance controls, workflows, access reviews, and certifications. This comprehensive approach reduces identity and entitlement sprawl, strengthens overall identity posture, and minimizes identity-related threats. Enhanced Functionality: Continuous Access Reviews and Certifications: Includes reviews for identity posture, IDP access, cloud, and SaaS admin access. Governance Controls: Introduces new controls to manage privileged accounts, reducing the risk of unauthorized access. Threat Detection and Access Graph: Features improved tools for monitoring SaaS entitlements, detecting identity threats, and visualizing access patterns. Dynamic Credential Management: Replaces static secrets with dynamic credentials to enhance security and reduce exposure risk. Lateral Movement Prevention: Implements controls to prevent unauthorized lateral movement within networks. Just-in-Time Access Controls: Converts static secrets and rarely used access to dynamic RBAC for improved security. Specialized Campaigns: Supports critical access scenarios like GitHub collaborator access, PCI DSS 4.0 compliance, and third-party data sharing. "With the surge in unprecedented data sharing, enterprises now face the challenge of managing massive entitlement sprawl as SaaS applications and customer data proliferate. Effective lifecycle management for non-human identities across cloud accounts has become essential. It’s impressive to see that Stack Identity’s platform now enables consistent management of both human and non-human identities," said Steve De Jong, Distinguished Engineer at Vercara. Company Growth and Deployment Success Remarkable Customer Growth: Stack Identity has achieved a 500% increase in its customer base, reflecting strong market demand for its solutions. Wide Deployment: The platform is now deployed across major enterprises in sectors including financial services, FinTech, cloud technology, and insurance technology. About Stack Identity Stack Identity is a pioneer in identity governance, offering innovative solutions to secure and manage digital identities across cloud and on-premises environments. The company's Identity-First Governance platform helps organizations reduce risk, ensure compliance, and strengthen their security posture. Contact Details Twinkle Khanna +1 832-878-6915 twinkle.khanna@stackidentity.com Company Website https://stackidentity.com/

July 06, 2024 09:00 AM Eastern Daylight Time

Article thumbnail News Release

The Indian Medical Association Recognizes iLearningEngines And Oculis Services' Innovative, AI-Driven First Responder Program

Benzinga

By Kyle Anthony The Indian Medical Association (IMA), the largest represented organization of doctors of the modern system of medicine in India, recognized iLearningEngines (NASDAQ: AILE) and Oculis Services for their joint venture program focused on first responder training for teens. The objective of the program is to empower students aged 14-18 with the necessary skills to make a significant difference in emergencies. The hybrid model combines AI-supported online modules with personalized in-school training programs. Instilling Preparedness Launched in September 2023, the First Responder Program is a comprehensive initiative that not only equips students with the skills and confidence to act swiftly and effectively during emergency situations but also contributes to the creation of a safer and more prepared community. With over 30 schools already registered, the program is a key part of those schools’ extracurricular programs, preparing students to become competent and confident first responders. Indian Medical Association Acknowledgement The Indian Medical Association recognized iLearningEngines and Oculis Services for their pioneering efforts in teaching life-saving skills to the youth. The IMA recognizes the significance of empowering students with practical emergency response techniques. Regarding the IMA’s acknowledgment and praise of the First Responder Program, Ratish Nair, AVP of Sales & Business Development of iLearningEngines, stated, “The collaboration between iLearningEngines and Oculis Services reflects our shared vision of leveraging technology and education for the greater good. We are honored to be recognized by the Indian Medical Association for our joint efforts in empowering the next generation of first responders.” About iLearningEngines iLearningEngines is an Applied AI platform for learning and work automation that empowers its enterprise and education for customers to “productize” their institutional knowledge, improve efficiency and drive better, mission-critical business outcomes. The company operates at the intersection of three large and growing markets: global artificial intelligence, global e-learning and hyper-automation. Recently, the company announced that it officially joined the broad-market Russell 3000® Index, as of the opening of trading on July 1, as well as other related indexes. The annual Russell U.S. Indexes reconstitution captures the 4,000 largest US stocks as of Tuesday, April 30th, ranking them by total market capitalization. Membership in the U.S. all-cap Russell 3000® Index, which remains in place for one year, means automatic inclusion in the large-cap Russell 1000 Index or small-cap Russell 2000 Index as well as the appropriate growth and value style indexes. FTSE Russell determines membership for its Russell indexes primarily by objective market-capitalization rankings and style attributes. Featured photo by Khyta 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

July 05, 2024 08:45 AM Eastern Daylight Time

Image
Article thumbnail News Release

Notcoin Continues To Freefall! Could 100x Breakout Presale Be The Answer For Bitcoin Whales?

Total Media

The continued fall of Notcoin has recently had the cryptocurrency market talking. It has recently seen its value plummet due to various factors, including market saturation and diminishing investor confidence. Amid this turmoil, Raboo offers a glimmer of hope with its 100x Breakout Presale, drawing the eyes of Bitcoin whales searching for lucrative new ventures. This presale isn't just a potential lifeline for distressed crypto investors; it's poised to catalyze significant shifts within the market. Read on as we discuss how Raboo's strategic move could redefine investment trajectories in the ever-evolving crypto landscape. Notcoin continues to freefall Notcoin has recently experienced significant market fluctuations, with a sharp decline of about 40% over the last month. This reflects the high volatility and speculative nature that often characterizes Play-to-Earn and meme-driven cryptocurrencies like Notcoin​​​​. These market dynamics highlight several issues impacting Notcoin's position in the cryptocurrency sector. The rapid changes in its value can erode investor confidence and make it challenging for long-term stability. If Notcoin fails to innovate or stabilize its market presence, it could face diminishing investor interest over time, which could have long-term detrimental effects on its valuation and utility. The broader impact on the market and investor trust revolves around this high volatility and the speculative nature of assets like Notcoin, which can lead to significant price fluctuations based on investor sentiment and market trends. Bitcoin's recent market performance Bitcoin's recent market downturn can be attributed to a few significant factors. With a 12.4% decline in the last month, one major contributor has been the large-scale selling by the German government, which has offloaded substantial Bitcoin holdings, triggering price volatility. A general slowdown in whale trading activity has also played a role. These whales have reduced their transactions drastically, indicating a cautious approach, which usually leads to decreased market liquidity and lowered prices​​. This downturn has led Bitcoin whales to explore other investment avenues, seeking higher returns with lower price volatility. New and promising projects like Raboo's 100x breakout presale are drawing attention as alternative investment opportunities. Bitcoin's fluctuations influence the broader crypto market, impacting investment strategies and the financial dynamics within the crypto space. Such shifts underscore the interconnected nature of the market, where significant moves by influential entities or changes in a leading cryptocurrency like Bitcoin can ripple across the entire ecosystem​​​. Could 100x breakout presale be the answer for Bitcoin whales? Raboo's 100x breakout presale has captured the attention of major investors, including Bitcoin whales, thanks to its innovative use of AI technology and a robust community-driven approach. The presale highlights features such as AI-enhanced user interactions and a Post-to-Earn model, which incentivises user participation and content creation. Now in its fourth stage, priced at an attractive $0.0048, Raboo has experienced a 60% increase since its initial price offering of $0.003, with over $1.6 million raised, 10,000 registered users, and 2,900 token holders. This impressive growth showcases its appeal as a dynamic player in the evolving meme coin sector. The strategic maneuvers behind Raboo's presale include targeted marketing campaigns that leverage social media platforms and crypto forums to enhance visibility and attract a diverse investor base, distinguishing it from competitors like Notcoin, which has struggled amid market volatility and investor skepticism. Raboo's successful presale strategy contrasts Notcoin's challenges and positions it as a compelling investment opportunity for Bitcoin whales seeking high returns in the memecoin market. Conclusion As Notcoin navigates its market challenges, Raboo's 100x breakout presale emerges as a beacon for investors, especially Bitcoin whales seeking high-growth prospects. This shift could redefine investment strategies within the cryptocurrency sphere, illustrating the impact of innovative presales on broader market dynamics. Investors are advised to keep a close eye on Raboo's ongoing presale, which promises to influence the market's future trajectory and offer substantial returns. This pivotal moment could reshape how investments flow in the volatile crypto landscape. You can participate in the Raboo presale here. Telegram: https://t.me/RabootokenPortal Twitter: https://twitter.com/Raboo_Official Contact Details Total Media Solutions media@Totalsolutionspr.io Company Website https://rabootoken.com

July 04, 2024 01:00 PM Eastern Daylight Time

Image
1 ... 4647484950 ... 646