Technology

E8 Markets Exposes How Up to 89% of Retail Traders Lose Thousands Depositing With Brokers

Published

1 day ago

April 21, 2026

In Recognition of National Financial Literacy Month, E8 Markets Is Using One Trader’s $377k Payout Run to Raise Awareness of the Costly Dangers of Depositing With a Broker

DALLAS, April 21, 2026 /PRNewswire/ — E8 Markets, a SaaS educational simulation platform for financial markets, is issuing a stern warning to retail traders of forex, futures, and crypto: deposit with a broker, and you risk losing thousands before ever gaining traction. The risks never show up in one clean sweep. They leak from the trader’s account through dozens of small, costly, and avoidable mistakes that compound until the trader’s money is gone.

“No one should have to lose $5,000 on a broker with little or no guidance or assurance of future success,” said Dylan Elchami, CEO of E8 Markets. “With our platform, any trader can start with as little as $36 in enrollment fees, get access to $5,000 in simulated capital, and gradually build their skills and earn performance-based payouts without risking their own capital in the market.”

Regulators Disclose The Real Risks for Retail Traders

In a December 2024 advisory, the CFTC stated that most individual traders lose money trading futures and foreign currency after fees and taxes. The CFTC’s Forex Frauds page notes that about two out of three retail forex traders lose money each quarter.

In Europe, ESMA reported that 74% to 89% of retail CFD accounts lost money, with average losses ranging from €1,600 to €29,000 per client. FINRA and the SEC’s margin bulletin both warn of how leverage can turn a normal loss into one exceeding the trader’s original cash investment.

Brokers profit even when their customers don’t. Trader losses accumulate through complicated order routing tactics, inaccurate or lagging market data, and rules designed to protect the broker rather than the trader. Traders pay heavily—not just for their own mistakes, but for not knowing what they don’t know about real-time trading in financial markets.

What Brokers Won’t Always Disclose (And Don’t Have to)

E8 Markets isn’t exposing a conspiracy. The real problem is that retail traders deposit money with brokers before understanding the pitfalls: volatility, leverage, hidden costs, tricky pricing and order execution, and the cost of learning under pressure.

Individual traders are outmatched by billion-dollar institutions trading with more capital, more speed, better data, and deeper execution experience. Brokers and intermediaries capture transaction revenue through spreads, commissions, and routing economics—costs that bleed from the individual investor’s account. These leaks slowly empty the trader’s deposit.

The SimFi™ Ecosystem: Protecting and Educating Traders

E8 Markets has created the first SimFi™ Ecosystem, giving traders the tools, community, support, and guardrails to learn how to trade financial markets without risking their own capital while earning performance-based payouts.

E8 has paid over $70 million in performance-based payouts to traders who learn and earn on its platform. Unlike brokers and fake prop firms, E8 benefits by gathering and analyzing real-time trading data from its users. This data drives tool development, guardrails, and educational materials that help traders navigate financial markets more effectively.

E8 users earn payouts in exchange for providing this real-time data, and the SimFi™ ecosystem becomes stronger and more reliable. This month, E8 is announcing a new loyalty program honoring Tom Gibbs, one of their top contributors and payout earners. The invitation expires April 30th and is only offered once a year during Financial Literacy Month. New users can start their SimFi™ journey for as little as $36, gradually building skills and earning payouts along the way.

The Success Story Behind the E8 Gibbs Loyalty Program

Tom Gibbs started as a small-town web designer and became one of E8’s top payout earners. His first payout—$414.95—took roughly 10 months to reach. From there, his progress accelerated as the SimFi™ Three Levers compounded: better decisions, more simulated capital, and repetition across multiple accounts. This process ultimately led Gibbs to over $377,000 in total payouts, including a single largest payout of $216,053.13.

“We think too many traders meet the market at the point of maximum pressure,” said Dylan Elchami, CEO of E8 Markets. “They are trying to learn, perform, and protect capital at the same time. Our view is that the better path is to train first, collect cleaner performance data, improve decisions through repetition, and only then decide how much live risk makes sense.”

A trader’s journey inside the SimFi™ Ecosystem is built on what E8 Markets calls the “3 Levers” of Trading Success:

The Lever

What It Does for the Trader

SimFi™ Performance Factor

Better decisions under structure, feedback, and guardrails

SimFi™ Capital Advantage

More simulated capital as behavior improves

Repetition Across Multiple Accounts

More reps, more familiarity, and more chances to compound discipline

These three levers explain Gibbs’ progress and the broader structure of the SimFi™ platform. His success didn’t start with a big payout—it started with that small $414.95 payout, which gradually compounded as he refined his strategy, became consistent, and earned the reputation and credibility to trade across over 20 SimFi™ Accounts. This final lever gave him the practice and scope to multiply his payouts until reaching $377k. It’s a different path from the common aspiration to “win big,” which often breeds bad trading habits that brokers capitalize on while the trader slowly empties their account making avoidable mistakes.

E8 Markets teaches that trading mastery doesn’t come from reading chart data alone. It comes from immersion in the SimFi™ ecosystem: the training environment, the challenge-to-performance pathway, measurement tools, coaching and mentorship, community support, and repeated exposure that helps traders understand how markets move. This empowers traders to earn payouts before risking personal capital.

For a preview of Gibbs’ full story, visit his biography page or join the Gibbs Club with E8 Markets loyalty discount code: GIBBS.

How the E8 Gibbs Loyalty Program Works

This month only, E8 Markets is announcing the GIBBS Club Loyalty Program. Eligible users have two options for getting started:

Option 1: 40% off E8 Signature on first purchase and enrollment

“The E8 Signature account is the perfect vehicle for users who want to start small and gradually build their skills and earn payouts with minimal upfront risk,” says Elchami.

Option 2: Users with more experience who want to go faster can start for 30% off first purchase of an E8 One account PLUS 20% off all additional accounts purchased.

Users pay a small enrollment fee to access their education and begin their SimFi™ Challenge. In this simulated environment, they prove they have the patience and discipline to qualify for performance-based payouts in the SimFi™ Performance Account.

As long as users follow E8’s Guardrails, they earn performance-based payouts and build reputation that qualifies them for more simulated capital to trade with, enabling them to scale their payouts. Users who don’t follow the guardrails are sent back to re-enroll in the E8 Challenge.

This is where the real power of the Gibbs Loyalty Program emerges: E8 is offering all new users one free account reset. If a user breaks guardrails and loses account standing, this reset allows them to re-enter SimFi™ Performance without repurchasing. This protects traders from losing weeks of progress to a few simple mistakes—giving them peace of mind that one lapse won’t derail their entire journey.

New users start immediately on the same 3 Lever Journey that made Tom Gibbs a top earner: better performance, more capital, more reps, better payout eligibility. Interested traders must enroll before the offer expires in April. For more on Gibbs’ journey and E8 Markets, visit the E8 website or watch their upcoming docu-reality series.

About E8 Markets

E8 Markets is a SaaS educational simulation platform for financial markets. Through its SimFi™-driven ecosystem, E8 combines live market data, simulated capital, structured challenge and performance programs, trader-performance telemetry, community, and continuous education designed to help traders review, reset, and refine behavior over time.

Built as a training ground for Forex, Futures, and Crypto, the platform helps traders develop discipline, consistency, and stronger decision-making without risking live capital or margin. Eligible participants may receive discretionary, performance-based payouts under program terms, subject to E8’s acceptance and licensing of performance data. E8 is not a broker and does not accept margin or deposits.

Important Disclosure:

Tom Gibbs’s experience reflects one participant case study under E8 Markets program rules and does not, standing alone, describe or predict what other participants may achieve. Individual outcomes vary materially based on participant skill, consistency, market conditions, risk management, compliance with program rules, eligibility, and E8 Markets’ acceptance and licensing of performance data. E8 Markets operates a SaaS educational simulation platform. Enrollment fees purchase access to an educational simulation and assessment; they do not purchase live capital, a brokerage account, a commodity interest, a security, or any investment opportunity. Any payouts referenced in this release are discretionary incentive disbursements under program terms, not trading profits, investment returns, or guaranteed earnings. No representation is made that any participant will achieve results similar to those described herein.

All trading activity referenced in this release occurred in a simulated environment. Hypothetical or simulated performance has inherent limitations and does not represent actual trading; results may differ materially in live market conditions. Nothing in this release is investment advice, financial advice, or an offer or solicitation to buy or sell any security, commodity interest, or other financial instrument. E8 Markets is not a broker and does not accept deposits or margin.

The GIBBS loyalty discount code is valid only for eligible purchases completed from April 7, 2026 through April 30, 2026, subject to applicable promotion terms and program terms.

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SOURCE E8 Funding LLC

Technology

Hyundai Motor Connects with Next Generation of Football Fans through ‘Hyundai NEXT Cup Tour’ on ‘Top Eleven’

Published

8 minutes ago

April 23, 2026

Hyundai Motor, together with Nordeus, launches the ‘Hyundai NEXT Cup Tour,’ an immersive in-game event on the popular mobile football management game ‘Top Eleven: Be a Football Manager’The campaign builds on Hyundai Motor’s 25+ year history in football, extending its presence beyond physical stadiums to connect with digital-native generations (Gen Z and Gen Alpha)The event integrates Hyundai Motor’s strategic vehicle models into a 10-nation virtual tour, reinterpreting their unique features as in-game football skillsThis collaboration marks Hyundai Motor’s expansion into the tactical football management genre, moving beyond traditional racing game partnerships

SEOUL, South Korea, April 22, 2026 /PRNewswire/ — Hyundai Motor Company today announced the launch of the ‘Hyundai NEXT Cup Tour,’ a new in-game event in ‘Top Eleven : Be a Football Manager‘, one of the world’s most popular mobile football management games.

Running from April 23–May 2, the event coincides with Top Eleven’s 16th Anniversary season, leveraging a period of peak player engagement. As football fandom continues to evolve, Hyundai Motor has been exploring new ways to connect with fans across different environments and moments — from shared live experiences to more personal, digital-first forms of engagement. Rather than simply branching into new genres, the initiative broadens the football experience beyond physical venues — creating a vibrant space for fans to connect with the sport anytime, anywhere.

“For more than 25 years, football has been a powerful platform for Hyundai to connect with people worldwide. With the ‘Hyundai NEXT Cup Tour’ in Top Eleven, we are opening a new chapter by translating the energy and strategy of the game into an interactive experience. This collaboration feels native to digital-first audiences and reflects how the next generation engages with the sport they love.” – Sungwon Jee, Executive Vice President and Global Chief Marketing Officer at Hyundai Motor Company

“Hyundai Motor has, for years, been at the intersection of football and some of the world’s most celebrated brands, so welcoming them to the Top Eleven touchline is an exciting milestone. As the game approaches its 16th anniversary of delighting football fans worldwide, bringing this event to life at such a thrilling moment for football, together with Hyundai Motor, reflects Top Eleven’s commitment to continuously finding new ways to deliver unique, evergreen football stories for fans.” – Marko Jevtic, Executive Vice President at Nordeus

What is the ‘Hyundai NEXT Cup Tour’?

‘Hyundai NEXT Cup Tour’ invites Top Eleven players to manage their club through a series of 10 sequential missions across the world. The virtual tour begins in Indonesia and travels through 10 of Hyundai Motor’s key global markets, culminating in the United States, mirroring the brand’s story of global growth. This structure allows the brand to deliver high-impact engagement that connects with the game’s core loop of strategy, progression and decision-making.

How Does the In-Game Integration Work?

Rather than a one-way advertising exposure, the event seamlessly integrates Hyundai Motor’s flagship vehicle models into the player’s strategic journey. Each of the 10 tour stops features a locally representative model, with the vehicle’s unique selling proposition reinterpreted as an in-game football activity.

For example, IONIQ 5’s ultra-fast charging is framed as keeping a team’s condition high during a packed schedule, while INSTER’s blend of speed and compactness positions it well for reacting at a moment’s notice with velocity and agility. Players who progress through the in-game missions can earn exclusive, limited-edition Hyundai-branded in-game items, including a team jersey and an emblem.

This initiative reflects Hyundai Motor’s commitment to evolving its brand experience for digital natives, carrying the energy, unity and inspiration of sport into the next generation of gaming experiences.

More information about Hyundai Motor and its products can be found at:
https://www.hyundai.com/worldwide/en/ or Newsroom: Media Hub by Hyundai

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SOURCE Hyundai Motor Company

Technology

SK hynix Announces 1Q26 Financial Results

Published

8 minutes ago

April 23, 2026

Reports revenues of 52.5763 trillion won, operating profit of 37.6103 trillion won, net profit of 40.3459 trillion wonRecord-high quarterly performance driven by increased sales of high value-added products from strong AI demandBy launching advanced products, the company will try to address growing market demand in the looming agentic AI eraCompany to secure both stable supply and robust financial conditions through investment aligned with demand

SEOUL, South Korea, April 22, 2026 /PRNewswire/ — SK hynix Inc. (or “the company”, www.skhynix.com) announced today that it has recorded 52.5763 trillion won in revenues, 37.6103 trillion won in operating profit (with an operating margin of 72%), and 40.3459 trillion won in net profit (with a net margin of 77%) in the first quarter.

Revenue surpassed 50 trillion won for the first time on a quarterly basis, while operating profit and operating margin reached record highs at 37.6 trillion won and 72%, respectively[1]. Operating profit has nearly doubled compared to the previous quarter, clearly demonstrating an improving profitability.

[1] 4Q2025 Revenue: 32.8267 trillion won / 4Q2025 Operating Profit: 19.1696 trillion won

SK hynix noted that despite the fact that first quarter is typically a seasonal downturn, strong demand persisted due to expanded investments in AI infrastructure. The company sustained its upward performance trend by increasing sales of high-value-added products, including HBM, high-capacity server DRAM modules, and eSSDs.

Building on this strong performance, the company’s cash and cash equivalents at the end of the first quarter increased by 19.4 trillion won from the previous quarter, reaching 54.3 trillion won. Meanwhile, interest bearing debt stood at 19.3 trillion won down 2.9 trillion won from the previous quarter, enabling the company to reach a net cash position of 35 trillion won.

The company analyzed that as AI evolves from large model training to the stage of agentic AI, which repeatedly performs real-time inference across various service environments, the foundation for memory demand is expanding across both DRAM and NAND flash.

SK hynix also predicted that the spread of memory efficiency technologies will enhance the economic viability of AI services, leading to an expansion of the overall service scale and further drive memory demand. Based on this, the company forecasted that favorable pricing conditions will continue for both DRAM and NAND flash.

To meet this demand, the company, plans to continue rolling out new products across both DRAM and NAND flash to address the diversifying memory demand.

Regarding HBM, the company will further strengthen its capabilities, encompassing performance, yield, quality, and supply stability. In DRAM, the company will fully ramp up the shipment of LPDDR6, which applied 1cnm process, or the sixth-generation of the 10-nanometer technology, for the world’s first time, and the 192GB SOCAMM2, which is based on the same process and began mass production this month.

For NAND flash, the company will flexibly address AI demand with CTF[2] based 321-layer QLC[3] cSSD ‘PQC21’, and eSSD lineup of high-performance TLC and high-capacity QLC. Especially, by leveraging synergies with Solidigm, which holds strengths in high-capacity QLC eSSDs, the company plans to strengthen its competitiveness in the AI data center and AI PC storage markets.

[2] Charge Trap Flash (CTF): Unlike floating gate, which stores electric charges in conductors, CTF stores electric charges in insulators, which eliminates interference between cells, improving read and write performance while reducing cell area per unit compared to floating gate technology.

[3] Quad-level cell (QLC): NAND flash is categorized as single-level cell (SLC), multi-level cell (MLC), triple-level cell (TLC), QLC, and penta-level cell (PLC) depending on how many data bits can be stored in one cell. As the amount of information storage increases, more data can be stored in the same volume.

Meanwhile, SK hynix emphasized that within the environment where customer demand exceeds supply capacity, securing stable supply capability to meet the structural demand growth of the AI era has emerged as a key competitive advantage.

Accordingly, the company explained that this year’s investment scale will increase significantly compared to the previous year, focusing on the ramp-up of M15X, infrastructure preparation on the Yongin cluster, and securing key equipment such as EUV.

The company highlighted that it will secure both stable supply and robust financial conditions through investment aligned with demand and will strategically expand production bases to proactively respond to long-term demand growth.

1Q26 Financial Results (K-IFRS)

*Unit: Billion KRW

1Q26

QoQ

YoY

4Q25

Change

1Q25

Change

Revenues

52,576.3

32,826.7

60 %

17,639.1

198 %

Operating Profit

37,610.3

19,169.6

96 %

7,440.5

405 %

Operating Margin

72 %

58 %

14%P

42 %

30%P

Net Income

40,345.9

15,246.0

165 %

8,108.2

398 %

※ Financial information of the earnings is based on K-IFRS

※ Please note that the financial results discussed herein are preliminary and speak only as of April 23, 2026. Readers should not assume that this information remains operative at a later time.

Disclaimer

This material has been prepared by the Company for informational purposes only, and the information contained herein has not undergone any separate, independent verification process. No representations or warranties are made regarding the fairness, accuracy, or completeness of the information contained in this material, and such information should not be relied upon. Neither the Company nor its employees bear any civil, criminal, or administrative liability for any damages arising from this material or from its use.

Review of the FY2026 Q1 financial results has not been finalized. Figures in this earnings release are subject to changes during the independent auditing process.

All financial information contained in this document is based on consolidated K-IFRS.

This material contains forward-looking statements which can be subject to certain risks and uncertainties that could cause actual results to differ materially.

This material does not constitute a solicitation for the acquisition or purchase of securities, and no part of this material should serve as the basis for any contract, agreement, or investment decision, nor should it be relied upon in connection therewith.

About SK hynix Inc.

SK hynix Inc., headquartered in Korea, is the world’s top tier semiconductor supplier offering Dynamic Random Access Memory chips (“DRAM”) and flash memory chips (“NAND flash”) for a wide range of distinguished customers globally. The Company’s shares are traded on the Korea Exchange, and the Global Depository shares are listed on the Luxembourg Stock Exchange. Further information about SK hynix is available at www.skhynix.com, news.skhynix.com.

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SOURCE SK hynix Inc.

Technology

RhythMedix Launches Next-Generation RhythmStar® SL Cardiac Monitor

Published

1 hour ago

April 22, 2026

Advancing Remote Cardiac Monitoring with Faster Insights, Greater Comfort, and Seamless Connectivity

MOUNT LAUREL, N.J., April 22, 2026 /PRNewswire/ — RhythMedix, LLC (RhythMedix), a nationwide U.S.-based cardiac monitoring company, today announced the launch of its next-generation RhythmStar® SL cardiac monitoring wearable. The third-generation design significantly enhances the patient experience, improving comfort, wearability, and patient adherence. These advancements are enabled by a compact lead configuration, waterproof IPX-6 rating, and increased battery life.

RhythmStar continues to differentiate through its built-in cellular connectivity, enabling ECG data to be automatically transmitted to the cloud for seamless, prompt review across all monitoring modes – without requiring device return by mail for data processing.

When paired with the company’s proprietary Augmented Arrhythmia Intelligence™ (AAI), RhythmStar SL delivers precise arrhythmia detection by combining advanced algorithms with a multi-layered data review process.

“RhythmStar represents our commitment to delivering a better way to monitor, one that prioritizes both patient comfort and clinical performance,” said Brian Pike, CEO of RhythMedix. “By combining a more wearable design with seamless data transmission and expert review, we’re helping clinicians access the insights they need, when they need them.”

“RhythMedix is taking a truly visionary approach to cardiac monitoring by combining patient-friendly design with advanced technology and expert oversight, helping clinicians make more confident, timely decisions,” stated George Shaw, MD, Electrophysiologist at AHN Allegheny Health Network. “It’s a meaningful step forward in how we deliver and manage cardiac care.”

With over 2 million hearts monitored to date, RhythMedix continues to advance remote cardiac monitoring through technology designed to improve both patient adherence and clinical workflow. The company will be exhibiting at HRS 2026 (Booth #531), including in-booth discussions with leading electrophysiologists.

About RhythMedix

Founded in 2013 and headquartered in Mount Laurel, New Jersey, RhythMedix is a fully integrated cardiac monitoring company providing end-to-end device manufacturing, software development, and 24/7 U.S.-based monitoring services. With no third-party dependence, RhythMedix delivers a seamless and secure remote cardiac monitoring experience for clinics, health systems, and patients nationwide.

To learn more, visit rhythmedix.com.

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SOURCE RHYTHMEDIX