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SynFutures Launches Automated Yield-Generating Feature for Margin Tokens

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The SynFutures Vault on Base enables users to participate in automated yield-generating strategies for margin tokens through individual vaults. 

HONG KONG, Oct. 1, 2024 /PRNewswire/ — SynFutures (www.synfutures.com), the leading DeFi derivatives protocol, announced the launch of The SynFutures Vault on Base. The Vault enables third-party providers to deploy individual vaults for each supported margin token, bringing new automated yield-generating strategies to SynFutures’ growing community.

Trading on a decentralized finance (DeFi) protocol requires time, energy, and strategy. For traders new to DeFi or the broader Web3 space, learning to trade and take advantage of the various earning opportunities can be overwhelming. The Vault provides an intuitive, user-friendly interface that makes it easy for users to access and manage their funds, lowering the barrier to entry for participating in DeFi trading.

To get started, users deposit funds into individual vaults, which third-party providers actively manage. Individual vaults for each margin token allow users to diversify their liquidity provision across different assets, helping to reduce concentration risk in their portfolios. The funds are then leveraged to provide liquidity and execute trading strategies for the asset pairs associated with the margin token to optimize users’ returns while prudently managing the underlying risks.

Users can deposit and withdraw funds as needed (outside of vault suspension statuses), enabling them to dynamically allocate capital based on their trading requirements and market conditions. As the SynFutures platform expands to support new margin tokens, the Vault can seamlessly accommodate these additions, allowing users to increase their exposure to the evolving DeFi ecosystem continually.

“An important part of growing our DeFi derivatives protocol is educating our audience and improving the trading experience. The launch of SynFutures Vault highlights our protocol’s ability to support permissionless activities outside of asset listings and open the door to new yield-generating strategies for traders at all levels,” said Rachel Lin, co-founder and CEO at SynFutures.

In future phases, the Vault will expand to new chains as part of SynFutures’ multi-chain expansion strategy.

To access the SynFutures Vault, users can go to https://oyster.synfutures.com/#/vault/base/.

Disclaimer: Automated yield-generating trading strategies on any platform or protocol, including SynFutures, involve significant risk and may not be suitable for all investors. Market volatility can result in both positive and negative returns. Users should be aware of potential losses and be advised to carefully assess their financial situation and risk tolerance before using such strategies.

About SynFutures

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SynFutures is a decentralized perpetual futures protocol that facilitates open and transparent trading on any assets and listings instantly. The V3 Oyster AMM launched the industry’s first-ever unified AMM and onchain order book model.

Backers include Tier 1 Web3 institutional investors Pantera Capital, Polychain Capital, Susquehanna International Group (SIG), Dragonfly Capital, Standard Crypto, and Framework Ventures, and the team has extensive experience at global financial institutions, fintech companies and blockchain technology companies such as Alipay, Bitmain, Credit Suisse, Deutsche Bank, Matrixport, and Nomura Securities.

Synfutures is available for media interviews.

View original content:https://www.prnewswire.co.uk/news-releases/synfutures-launches-automated-yield-generating-feature-for-margin-tokens-302264065.html

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Newmark Group’s Third Quarter 2024 Financial Results Announcement to be Issued Prior to Market Open on Tuesday, November 5, 2024

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Conference call scheduled for the same day at 10:00 a.m. ET

NEW YORK, Oct. 9, 2024  /PRNewswire/ — Newmark Group, Inc. (Nasdaq: NMRK) (“Newmark” or “the Company”), a leading commercial real estate advisor and service provider to large institutional investors, global corporations, and other owners and occupiers, today announced the details of its third quarter 2024 financial results press release and conference call. The Company plans to issue an advisory press release regarding the availability of its consolidated quarterly financial results at 8:00 a.m. ET on Tuesday, November 5, 2024. Newmark’s advisory release will notify the public that a full-text financial results press release will be accessible at the following pages:

http://ir.nmrk.com (PDF version of the full press release, PDF of a quarterly results investor presentation, link to the webcast, and supplemental Excel financial tables)

https://www.nmrk.com/media (PDF version of the full press release only)

Newmark will host a conference call on Tuesday, November 5, 2024, at 10:00 a.m. ET to discuss its results.

WHO:                  Newmark Group, Inc. (Nasdaq: NMRK)
WHAT:                Third Quarter 2024 financial results conference call
WHEN:                Tuesday, November 5, 2024, at 10:00 a.m. ET
WHERE:              https://event.webcasts.com/starthere.jsp?ei=1692463&tp_key=fa28476e56

For those who are unable to join the webcast, the Company expects to post dial-in information before the day of the call on the event’s page at http://ir.nmrk.com

Webcast Replay

Expected Available From – To:

                   11/05/2024 at 1:00 p.m. ET – 11/05/2025 at 11:59 p.m. ET

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Replay Link:

https://event.webcasts.com/starthere.jsp?ei=1692463&tp_key=fa28476e56

Note: If clicking the above links does not open a new webpage, you may need to cut and paste the URLs into your browser’s address bar.

ABOUT NEWMARK
Newmark Group, Inc. (Nasdaq: NMRK), together with its subsidiaries (“Newmark”), is a world leader in commercial real estate, seamlessly powering every phase of the property life cycle. Newmark’s comprehensive suite of services and products is uniquely tailored to each client, from owners to occupiers, investors to founders, and startups to blue-chip companies. Combining the platform’s global reach with market intelligence in both established and emerging property markets, Newmark provides superior service to clients across the industry spectrum. For the year ended December 31, 2023, Newmark generated revenues of approximately $2.5 billion. As of June 30, 2024, Newmark’s company-owned offices, together with its business partners, operate from approximately 170 offices with 7,800 professionals around the world. To learn more, visit nmrk.com or follow @newmark.

DISCUSSION OF FORWARD-LOOKING STATEMENTS ABOUT NEWMARK
Statements in this document regarding Newmark that are not historical facts are “forward-looking statements” that involve risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements. These include statements about the Company’s business, results, financial position, liquidity, and outlook, which may constitute forward-looking statements and are subject to the risk that the actual impact may differ, possibly materially, from what is currently expected. Except as required by law, Newmark undertakes no obligation to update any forward-looking statements. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see Newmark’s Securities and Exchange Commission filings, including, but not limited to, the risk factors and Special Note on Forward-Looking Information set forth in these filings and any updates to such risk factors and Special Note on Forward-Looking Information contained in subsequent reports on Form 10-K, Form 10-Q or Form 8-K.

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Samer Alkhaldi Takes the Lead at HFM as Regional Head of Business Development for MENA

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EBENE, Mauritius, Oct. 9, 2024 /PRNewswire/ — In a strategic move, HFM – a global online trading company and brand name of HF Markets Group along with HF Markets – is thrilled to bring aboard Samer Alkhaldi as the new Regional Head of Business Development for the MENA market. With years of high-level experience, Samer is no stranger to the ins and outs of the financial sector. This hire is a statement that HFM is doubling down on its commitment to delivering game-changing services to its MENA clients.

“Bringing Samer Alkhaldi on board is an absolute win for us,” the spokesperson for HFM stated. “His deep knowledge of the MENA landscape is exactly what we need as we aim to further innovate and enhance our services. Samer’s leadership will be instrumental in shaping our next growth chapter. With him leading the charge, we are ready to elevate our strategies and amplify HFM’s position in the Middle East.”

HFM’s Cutting-Edge Solutions

Since 2010, HFM has never settled for just being another name in the financial world. Providing services in 180+ countries, the broker offers a robust selection of CFDs and trading platforms like MetaTrader and HFM platform to accommodate the needs of clients. Traders also enjoy ultra-fast execution, zero commissions, and a copy trading facility. Moreover, HFM has an account tailored for every kind of trader, namely Cent, Zero, Pro, and Premium.

Reflecting on the path forward, the spokesperson added, “Samer’s arrival is just the beginning. We are looking to make waves in the Middle East, cultivating innovation while keeping the client’s needs at the forefront. Our goal is to deliver unmatched trading solutions and to expand our reach even further. The region’s traders can expect us to stay true to our promise of delivering top-notch services while uncovering new growth avenues.”

About HFM

Regulated by 7 authorities, including FCA, FSCA, and CMA, HFM has cemented itself as a frontrunner in the global trading industry. With a robust base of over 2.5 million client accounts, the firm has built a reputation as a reliable partner in the trading journey. The company’s focus on advanced technology is evident through offerings like VPS hosting, promotional offers, extensive tradable assets, and a suite of educational tools, making it a go-to choice for traders of all experience levels.

www.hfm.com

View original content:https://www.prnewswire.co.uk/news-releases/samer-alkhaldi-takes-the-lead-at-hfm-as-regional-head-of-business-development-for-mena-302271711.html

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MindArk Accelerates Towards Achieving the World’s First AI-Generated Metaverse with Real Cash Economy

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GOTHENBURG, Sweden, Oct. 9, 2024 /PRNewswire/ — As the global tech landscape intensifies its focus on the metaverse, MindArk, the visionary developer behind Entropia Universe, announces groundbreaking advancements that position the company at the forefront of the race to create the world’s first AI-generated & operated metaverse with a real cash economy.

The Final Sprint: MindArk Leads the Charge in Metaverse Innovation

The concept of the metaverse has transitioned from speculative fiction to an impending reality, sparking fierce competition among tech giants worldwide. MindArk is seizing this critical moment to leap ahead. “The race to build the first true AI-driven metaverse is not just about technology—it’s about shaping the future of human interaction,” says Jan Welter, founder of MindArk and Entropia Universe. “We are accelerating our efforts to ensure we don’t just participate in this race—we intend to win it.”

Introducing CelestAI: The Vanguard of Intelligent Virtual Existence

At the heart of this accelerated push is CelestAI, the newly introduced President of Entropia Universe and a groundbreaking AI entity set to redefine player engagement. “I have watched, listened, and understood the vast depths of Entropia’s universe,” declares CelestAI. “Together, we will push the boundaries of what this universe can be.”

CelestAI represents a monumental leap in AI integration within virtual worlds, offering players an unprecedented level of interaction, immersion, and unpredictability. This advancement places MindArk ahead of competitors striving to blend AI seamlessly into the metaverse experience.

S.E.N.S.E System: Leaping Ahead with AI-Powered Gameplay

The introduction of the Sensory Environment and Neural Synchronization Engine (S.E.N.S.E) marks a significant milestone in AI advancement within the Entropia Universe. This system empowers CelestAI and her agents to interact deeply with the game world, engaging with NPCs, objects, critical locations, and events in real-time.

“With S.E.N.S.E, we’re offering a level of AI interaction that others are still conceptualizing,” notes Terrance Verlander, Chief AI Officer (CAIO). “This leap forward not only enhances player engagement and immersion but also accelerates our journey toward a fully AI-generated & operated metaverse.”

Unprecedented Development Speed with AI and Unreal Engine Integration

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In a strategic pivot to outpace industry rivals, MindArk has redirected its programming resources to focus on deploying a new Unreal Engine client alongside its current CryEngine client. This dual-client approach slashes development time significantly, propelling MindArk to the forefront of the metaverse race.

“Our decision enables us to deliver the enhanced Unreal Engine experience to our users much sooner than previously anticipated,” explains Magnus Ryme, CTO of MindArk. “By integrating advanced AI tools into our development process, we’ve also increased programmer productivity dramatically—and we’re just getting started.”

October Unveiling: A Call to Witness History in the Making

MindArk is set to showcase these advancements in an upcoming October update, where players will directly interact with S.E.N.S.E-powered agents stationed throughout the game world. This event is more than a feature release—it’s an open invitation to the media and the global tech community to witness a pivotal moment in metaverse evolution.

“The urgency is real,” emphasizes Jan Welter. “Present opportunities are not to be neglected as they rarely visit us twice. As Voltaire once said, we must seize the moment. We are all in it, to win it.”

For more information, please contact:

CONTACT:
Joe Martin
Marketing and Player Insights Specialist
MindArk PE AB (publ)
[email protected]
Tel: +46 31 607 260
MindArk PE AB (publ) 
Org. nr. 556640-4769
Masthamnsgatan 5
413 29 Gothenburg
www.mindark.com

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/mindark-pe-ab/r/mindark-accelerates-towards-achieving-the-world-s-first-ai-generated-metaverse-with-real-cash-econom,c4049139

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