BitTorrent

Huobi Rebrands to HTX at TOKEN2049

Retrieved on: 
Monday, September 25, 2023

Singapore / September 13, 2023 – Huobi, the world's leading virtual assets exchange, today announced at TOKEN2049 that it will rebrand to HTX.

Key Points: 
  • Singapore / September 13, 2023 – Huobi, the world's leading virtual assets exchange, today announced at TOKEN2049 that it will rebrand to HTX.
  • Justin Sun, Founder of TRON and Member of the HTX Global Advisory Board, unveiled the rebranding while celebrating the 10th anniversary of HTX.
  • Major media outlets such as Bloomberg, CoinDesk, WSJ, CNBC, Cointelegraph, and others were also part of this special moment for HTX.
  • Justin Sun announced the official launch of a special edition of the HTX Mars Program at the Huobi X TRON Afterparty at TOKEN2049.

TRON and USDD Resilience Unveiled: Insights from Messari, Reflexivity, and JPMorgan's Analysis

Retrieved on: 
Tuesday, August 8, 2023

TRON and USDD Resilience Unveiled: Insights from Messari, Reflexivity, and JPMorgan's Analysis

Key Points: 
  • TRON and USDD Resilience Unveiled: Insights from Messari, Reflexivity, and JPMorgan's Analysis
    The issuer is solely responsible for the content of this announcement.
  • In-depth reports on the performance of TRON and USDD in 2023, published by renowned blockchain analytics firms Messari and Reflexivity have recently been published.
  • TRON employs a Delegated-Proof-of-Stake (DPoS) mechanism, with block validation being performed by a group of validators known as Super Representatives (SRs).
  • Reflexivity’s report on USDD demonstrates the stablecoin's resilience and adaptability during a tumultuous first half of the year.

Chia Network Appoints Effie Datson to Board of Directors

Retrieved on: 
Wednesday, July 19, 2023

Chia Network, Inc (“Chia”), founded by Bram Cohen to provide an open-source, public blockchain optimized for real-world adoption, today announced the appointment of Effie Datson to its Board of Directors, effective immediately.

Key Points: 
  • Chia Network, Inc (“Chia”), founded by Bram Cohen to provide an open-source, public blockchain optimized for real-world adoption, today announced the appointment of Effie Datson to its Board of Directors, effective immediately.
  • "Effie's broad experience and impressive record in financial services and passion for technology and innovation will provide valuable perspective and insight to complement our Board's expertise," said Gene Hoffman, President and CEO of Chia Network.
  • "We are confident in Effie's ability to guide the company through our next growth phase as a member of the Board of Directors, and we're pleased to welcome her to the Chia team."
  • Based in the UK, Datson most recently served as Global Head of Family Office for Barclays.

TRON Unveils HackaTRON S5 and Developer Community Event TRON Builder Tour

Retrieved on: 
Tuesday, July 4, 2023

In tandem with the much-anticipated TRON Builder Tour, we invite innovative minds to take part in this year's event, powered by an exceptional prize pool of up to 500,000*.

Key Points: 
  • In tandem with the much-anticipated TRON Builder Tour, we invite innovative minds to take part in this year's event, powered by an exceptional prize pool of up to 500,000*.
  • This season, HackaTRON S5 is ready to unravel the five distinctive tracks: Web3, DeFi, Artistry (featuring NFTs, GameFi, and Metaverse projects), Builder for our esteemed past participants, and the eagerly awaited AI track.
  • Alongside the thrilling launch of HackaTRON Season 5, we're taking the energy and innovation on the road with our TRON Builder Tour.
  • This tour represents our commitment to fostering a robust, hands-on relationship with our vibrant community of developers.

TRON DAO Honors Top HackaTRON Qualifiers for Completing Blockchain Deployment Milestone

Retrieved on: 
Saturday, June 10, 2023

Geneva, Switzerland / June 2, 2023 / – Just over two weeks ago, on May 15, 2023, the TRON DAO team revealed the results of the HackaTRON Season Four competition.

Key Points: 
  • Geneva, Switzerland / June 2, 2023 / – Just over two weeks ago, on May 15, 2023, the TRON DAO team revealed the results of the HackaTRON Season Four competition.
  • A portion of the prize pool, 500,000 USDD was shared among the top projects.
  • The final milestone payment is currently being processed for judge-selected qualifiers, contingent upon the fulfillment of the project team to successfully deploy their dApp on either the TRON blockchain or BitTorrent Chain MainNets by June 1, 2023.
  • The ones who completed their blockchain deployment milestone were, in order of selection:

Brief Analysis of Messari's Q1 2023 State of TRON and USDD Reports

Retrieved on: 
Friday, May 12, 2023

"The TRON DAO team appreciates Messari's work overall, and like normal, its objective research in these latest TRON-related reports offers data-driven, insightful remarks," a TRON spokesperson commented.

Key Points: 
  • "The TRON DAO team appreciates Messari's work overall, and like normal, its objective research in these latest TRON-related reports offers data-driven, insightful remarks," a TRON spokesperson commented.
  • To view an enhanced version of this graphic, please visit:
    USDD is an overcollateralized stablecoin managed by the TRON DAO Reserve (TDR).
  • The number of USDD holders consistently remained above 130,000 in Q1 2023.
  • TRON looks to remain competitive and continue its growth strategies to expand DeFi, stablecoin adoption, AI, and other use cases through 2023.

Online Streaming Services Market size to grow by USD 285.46 billion from 2022 to 2027, The growing popularity of online video streaming in the education sector to drive the market growth - Technavio

Retrieved on: 
Wednesday, May 10, 2023

The growing popularity of online video streaming in the education sector significantly drives the online streaming services market growth.

Key Points: 
  • The growing popularity of online video streaming in the education sector significantly drives the online streaming services market growth.
  • Hence, the growing popularity of online video streaming in the education sector will fuel the growth of the market during the forecast period.
  • The report provides actionable insights and estimates the contribution of all regions to the growth of the global online streaming services market.
  • Hence, concerns related to video piracy may hinder the growth of the global online streaming services market during the forecast period.

Chia Network Announces Confidential Submission of Draft Registration Statement for Proposed Initial Public Offering

Retrieved on: 
Friday, April 14, 2023

Chia Network, Inc. today announced that it has confidentially submitted a draft registration statement on Form S-1 to the U.S. Securities and Exchange Commission (the “SEC”) relating to the proposed initial public offering of its common stock.

Key Points: 
  • Chia Network, Inc. today announced that it has confidentially submitted a draft registration statement on Form S-1 to the U.S. Securities and Exchange Commission (the “SEC”) relating to the proposed initial public offering of its common stock.
  • The size and price range for the proposed offering have not yet been determined.
  • The initial public offering is expected to commence after the SEC completes its review process, subject to market and other conditions.
  • Chia Network built a better blockchain to drive real-world use and application.

SEC Charges Crypto Entrepreneur Justin Sun and his Companies for Fraud and Other Securities Law Violations

Retrieved on: 
Wednesday, March 22, 2023

The SEC simultaneously charged the following eight celebrities for illegally touting TRX and/or BTT without disclosing that they were compensated for doing so and the amount of their compensation.

Key Points: 
  • The SEC simultaneously charged the following eight celebrities for illegally touting TRX and/or BTT without disclosing that they were compensated for doing so and the amount of their compensation.
  • According to the complaint, each of these unregistered offers and sales violated Section 5 of the Securities Act.
  • “This case demonstrates again the high risk investors face when crypto asset securities are offered and sold without proper disclosure,” said SEC Chair Gary Gensler.
  • The SEC’s litigation will be led by Timothy Halloran and Mr. Gottlieb, under the supervision of Melissa Armstrong.

Huobi to Join BitTorrent Chain's L2 Ecosystem

Retrieved on: 
Tuesday, February 28, 2023

Singapore, Singapore--(Newsfile Corp. - February 28, 2023) - Huobi, a virtual asset trading platform, announced its intention to join the BTTC (BitTorrent Chain) ecosystem and to support the development of a Layer 2 network based on BTTC.

Key Points: 
  • Singapore, Singapore--(Newsfile Corp. - February 28, 2023) - Huobi, a virtual asset trading platform, announced its intention to join the BTTC (BitTorrent Chain) ecosystem and to support the development of a Layer 2 network based on BTTC.
  • This enables users to build decentralized applications anywhere and provides a secure, low-cost and fast development environment for dApps, thus creating an on-chain open ecosystem.
  • The addition of Huobi to the BTTC ecosystem will further promote the development and usage of decentralized applications on-chain and enhance the exchange's own ecosystem.
  • Huobi has the capacity to provide virtual asset trading services to hundreds of millions or even billions of users worldwide through the BTTC L2.