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NSAV Reports Strong Second-Quarter 2024 Financial Results and Upgrades 2024 Guidance

London, United Kingdom, 20th Aug 2024 - Net Savings Link, Inc. (OTC: NSAV), a leading Web3, blockchain and digital asset technology company, announced today exponential financial and operational achievements for the second quarter ended June 30, 2024, as filed with OTC Markets Group. Second Quarter 2024 Financial Highlights: •           Revenue: Revenue reached $11,694,622,474, marking an increase of 5,710% compared to the first quarter of 2024.•           Intangible Assets: Intangible assets rose substantially to $11,758,191,745, or $1.64 per share. This growth was a direct result of onboarding over 100 new crypto utility projects, including utility-as-a-service, blockchain development and Dapp deployment. Operational Highlights: •           Partnership: During the second quarter, the company entered into partnerships with the following partners:o          Staynexo          ZEUS Blockchain Partnerso          DiVinciPayo          BLAQcloudso          GivBuxo          WRIT Mediao          Mad Hatter Society•           Market Expansion: While in Q1, the company began integration of onramp/offramp services for the exchange and credit card onramp capabilities for the platform, it only became approved for these services in the beginning of Q3..•           Regulatory Compliance: Successfully maintained its registration with FINCEN, as well as updating applications with Lithuania, Singapore, Dubai and Ireland.  The company commenced its registration process as a Money Transmitter with the State of Colorado and Puerto Rico. The licenses and Money Transmitter registration are under various stages of the review process and we expect them to be awarded in the third quarter of 2024.•           User Growth: In Q2 2024, the company’s NSAVx CEX Exchange https://nsavx.com/ user growth exceeded 9 million users. At the end of Q2, the company purged non-active accounts to conserve system resources and bandwidth for the exchange. In doing so, the company’s active users were adjusted to 431,630. The company is currently implementing direct marketing campaigns to the over 8.5 million CEX inactive users.Third Quarter 2024 Outlook and Objectives:•           Revenue Goals: In Q3, we intend to onramp the remaining 500 projects to the platform and subsequent ecosystem. •           Growth in Intangible Assets: In Q3, we plan to begin a systematic swap schedule for utility performing projects.  The assets will be swapped for tier 1 tokens and coins such as BTC, ETH, BNB and any other digital assets that meet the company’s objectives. •           Technology Development: Launch NSAVPay, NSAvip, theVAULT, V2 of Airdropx, V2 of SWOPx and DEX integration for DaPPs.Alfonso Knoll, CEO of NSAV, stated, “First and foremost, I want to express my gratitude to all our nSAVAGES and stakeholders for their unwavering support. You spread our vision for utility and integration of blockchain technologies in real world transactions, and we thank you. Q1 was strong, but Q2 exceeded some expectations. Despite challenges and distractions, our team remained focused and driven to achieve our corporate goals. As we move into Q3 and Q4, we are laying the groundwork for future growth, and we're excited about what lies ahead for our expanding ecosystem.” About Net Savings Link, Inc.: NSAV's vision is the establishment of a fully integrated technology company, which provides turnkey technological solutions to the Web3, blockchain and digital asset industries. The Company drives innovation in the digital currency space by developing advanced blockchain technologies, digital assets, and market solutions that bridge the gap between traditional business frameworks and the future of decentralized technology. Over time, the Company plans to provide a wide range of services such as software solutions, e-commerce, financial services, advisory services and information technology.For further information please contact NSAV at info@nsavholdinginc.com For further information please contact NSAVx.com at hello@nsavxmail.com    The NSAV corporate website can be accessed at https://www.netsavingslinkinc.com  The NSAV CEX website can be accessed at https://nsavx.com/  TheAlley.io can be accessed at https://www.thealley.io  The NSAV Stock information website can be accessed at https://www.nsavstock.com  The NSAVx Token website can be accessed at https://www.nsavxtoken.com/nsavx-token The NSAVx Discord Server can be accessed at https://discord.com/invite/7Q2Vv5NmKd The NSAV Twitter account can be accessed at https://twitter.com/nsav_techThis press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, which are intended to be covered by the safe harbors created thereby. Investors are cautioned that, all forward-looking statements involve risks and uncertainties, including without limitation, the ability of Net Savings Link, Inc. to accomplish its stated plan of business. Net Savings Link, Inc. believes that the assumptions underlying the forward-looking statements contained herein are reasonable, any of the assumptions could be inaccurate, and therefore, there can be no assurance that the forward-looking statements included in this press release will prove to be accurate. In light of the significant uncertainties inherent in the forward- looking statements included herein, the inclusion of such information should not be regarded as a representation by Net Savings Link, Inc. or any other person.Contact Net Savings Link, Inc. info@nsavholdinginc.com  Media Contact Organization: Net Savings Link Inc Contact Person: James Tilton Website: https://www.nsavholdinginc.com Email: Send Email Contact Number: +17185698815 Address:26 Grosvenor Street, Mayfair Address 2: W1K4QW City: London Country:United Kingdom Release id:15944

New Laws Aim to Regulate Bitcoin ATMs in Chico, California

Earlier, the pro-Bitcoin state laws and city ordinances of Chico in California are expected to cumulatively enhance the Available Light’s administration of the Bitcoin teller machines or ATMs. In a local government committee talk held on Aug. 7, participating as the chief administrative officer at the County of Butte, Andy Pickett discussed the current actions to Bitcoin’s regulation. Pickett described some of the most recent bills in states to curb fraudulent activities regarding Bitcoin ATMs. California strengthens reporting requirements for crypto ATMs In October 2023, a legislative examine of Californian discovered roughly one third of crypto ATMs imposing a forty percent added price, whereas a handful of ATMs positioned a limit on the number of crypto purchases at $50,000. Therefore to reduce deposit amount which had become a problem, a bill was made to regulate the amount of deposit per day to one thousand dollars. Also, in California, for all the transactions that take place through the crypto ATMs, the identification of the operator and their receipt are required. TO READ FULL ARTICLE: CLICK HERE The post New Laws Aim to Regulate Bitcoin ATMs in Chico, California appeared on King Newswire. It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.

Crypto Industry Sees Women Earning Higher Median Salaries Than Men

But according to a survey that was conducted recently, the ladies in crypto earn 13.9% more than men on a median salary basis which has sparked what is referred to as the ‘reversed’ gender wage gap. Full-time working women in the crypto industry in the United States earned a median of $172,000 compared to men, who earned $150,000, a compensation study by Pantera Research Lab showed. “Thus, based on the information obtained, it can be concluded that, for example, the gender wage differentials among crypto employees are quite the opposite to what experts are used to,” Pantera’s researchers Matt Stephenson, Ally Zach, and Nick Zurck noted in their update on July 29. Women at non-crypto companies primarily only make $0. Down to $0.84 for every dollar the men make, the researchers at the venture capital firm specializing in digital assets added. “The wages in crypto are not too low and not too high, which indicates that there is a shift towards better gender equality in this still rather young industry. ” Median base salaries between male and female employees. Source: Pantera Research Pantera gathered the data from 502 full-time employees in the United States from June 4 to July 20 of the year 2024. The online questionnaire was distributed through professional sites like linked in, x, through newsletters and e-mails. The higher salaries for women may partly be due to women having more work experience at crypto companies where the median time frame is 5 years. Three years as opposed to four. 5 years for men. TO READ FULL ARTICLE: CLICK HERE The post Crypto Industry Sees Women Earning Higher Median Salaries Than Men appeared on King Newswire. It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.

Donald Trump Jr. Unveils Plans for DeFi Platform to Challenge Traditional Banks

Over the weekend, Donald Trump Jr. disclosed that he is to start a new decentralized finance crypto platform intending to make up for the plethora of unequal offers in banking — but it will be a long while before that happens. Just a week earlier, the eldest son of former President Trump, Donald Trump Jr., in a live question and answer session at subscription-based platform locals on Aug 8, insisted hewasn’t releasing a memecoin for crypto pump-anddump but developing a crypto operating system to challenge the banking sector. “What we are discussing here is a bigger type of platform,” which is quite different and can’t be termed as memecoin, he added. Nevertheless, he continued to extend the time horizon for action and warn that it would be a long time before any moves could be made. TO READ FULL ARTICLE: CLICK HERE The post Donald Trump Jr. Unveils Plans for DeFi Platform to Challenge Traditional Banks appeared on King Newswire. It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.

Lana Digital Innovatively Launches “Revolving Line of Credit” Enhancing Financial Inclusion

Mexico City, Mexico, 20th Aug 2024 - LANA DIGITAL SA DE CV SOFOM ENR, a leading Mexican financial institution, has announced the launch of an innovative Revolving Line of Credit. This new product, accruing interest daily and allowing users to borrow and repay at any time, is designed to provide Mexican customers with more flexible and affordable financial solutions. The introduction of this product significantly enhances Lana Digital's presence in the financial inclusion sector, positioning the company as a major innovator in Mexico's financial market. In Mexico's current credit market, many loan products have fixed terms, often leaving users with inflexible repayment schedules. This rigidity can increase the burden on borrowers and may result in costly late fees. Lana Digital's Revolving Line of Credit addresses these challenges by offering a more adaptable solution.With Lana Digital's Revolving Line of Credit, users can borrow and repay funds within a specified timeframe without needing to reapply. Interest is charged only on the amount borrowed and for the days it is used. If users repay the loan early, they benefit from reduced interest costs. This flexibility allows users to tailor their repayment plans to their financial circumstances, providing greater financial convenience and autonomy. The "pay-as-you-go" model also underscores Lana Digital's commitment to prioritizing and safeguarding its users' interests.Grace Zamora, Head of Operations at Lana Digital, stated: "Our new credit product will offer greater convenience to Mexican users. By simplifying the loan process and providing flexible repayment options, we aim to offer the financial support that more Mexicans need, irrespective of their background or financial status."About Lana Digital:Headquartered in Mexico, LANA DIGITAL SA DE CV SOFOM ENR is a financial institution regulated by CNBV and CONDUSEF. The company is committed to delivering flexible financial solutions and personalized services to its customers, leveraging innovative technology and exceptional customer service.For more information, please visit Lana Digital's official website at https://www.lanadigital.mx Media Contact Organization: LANA DIGITAL SA DE CV SOFOM ENR Contact Person: Grace Zamora Website: https://www.lanadigital.mx Email: Send Email City: Mexico City Country:Mexico Release id:15637

Ethereum’s Layer 2 Boom: A Blessing and a Challenge for the Crypto World

Another significant discussion in crypto in the year 2024 regards the numbers of L2 blockchain solutions developed on the Ethereum protocol. Some of the famous NFT projects like Pudgy Penguins, Bored Ape Yacht Club, and Azuki have already declared their independencies on L2 — let alone a plethora of more conventional businesses like Fox Corporations and even Flipkart. This increase in L2s has been narrowed down as fake since many people consider it as hype. However, that being said, it might not be too far fetched to assume that within the upcoming year we might be struggling with thousands of L2s. This will be good for the ETH of ethereum successing ecosystem. By way of background: Ethereum, or rather the Ethereum network Space, is an L1 blockchain. This is a common issue with Ethereum, where decentralisation and security are important aspects, however, it is not very scalable – which is the well-known blockchain trilemma of wishing for two of decentralisation, security and scalability but cannot get all three. Thus, the Ethereum network becomes less scalable, and executions on it are awfully expensive. Thus, L2s compensated this; they are also referred to as rollup chains or safemasks. Although they mainly process transactions off the Ethereum network at a cheaper cost, by clustering them and then submitting the clusters to the Ethereum network. How layer-2 rollups work. Source: Makeuseof.com However, this model is accompanied by two mainissues. The first one is fragmentation of the Ethereum community. Liquidity of the market is split between L2s and for users this is just frustrating. Users have tokens on individual blockchains and have to transfer them across to other channels and “intermediate.” Moreover, bridges and everything on one network ‘wrapped’ into another have been a critical point of attack in the past few years. The second issue is the variability and uncertainty of these L2s’ transaction costs, which is very bad for the emergence of numerous applications. This is not good for those who need to perform instant transactions sometimes; one day, it can cost one cent to do an operation, and the next day, that price can be ten or a hundred times higher just because some meme coin is trending right now and occupies all the space in the block. This means that the ecosystem has components such as inefficient liquidity, isolated users, weak UX, and susceptibility to exploitation, and a context that is still not favorable for applications to be built to operate financially independently. TO READ FULL ARTICEL : CLICK HERE The post Ethereum’s Layer 2 Boom: A Blessing and a Challenge for the Crypto World appeared on King Newswire. It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.