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Cryptocurrencies/Coins/BitTorrent New (BTT)
BitTorrent New price, market cap on Coin360 heatmap

BitTorrent New(BTT)

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$0.0000007
(1.72%)
0.0041 SAT
Market Cap (Rank#62)
$654,147,478
38,015 BTC
Vol 24h
$12,165,200
706.97 BTC
Circulating Supply
932,028,892,857,000
Max Supply
9,900,000,000,000
20 days agocryptopotato
TRON Grand Hackathon 2022 Season 3 Welcomes More than 1000 Participants
[PR – Geneva, Switzerland, 14th November, 2022, Chainwire] The TRON Grand Hackathon 2022 Season 3 submission period came to a close on Monday, November 14, with more than 1000 registered to participate. TRON DAO and BitTorrent Chain (BTTC) have an exciting lineup of 50+ partners and judges for Season 3. This innovation event draws together […]
20 days agocryptodaily
TRON Grand Hackathon 2022 Season 3 Welcomes More than 1000 Participants
Geneva, Switzerland, 14th November, 2022, ChainwireThe TRON Grand Hackathon 2022 Season 3 submission period came to a close on Monday, November 14, with more than 1000 registered to participate. TRON DAO and BitTorrent Chain (BTTC) have an exciting lineup of 50+ partners and judges for Season 3. This innovation event draws together crypto’s most prestigious institutions to offer their expert opinions on which project will most accelerate the growth of the TRON ecosystem. The Judging period will be between November 29 to December 12. Five winners will be selected from each track. The winners of Season 3 will be revealed on Friday, December 16. Season 3 #HackaTRON has a total of six tracks: DeFi, GameFi, NFT, Web3, Ecosystem, and Academy with an aggregate prize pool of $1.2 million. The recently introduced Ecosystem track was created to attract Ethereum projects seeking to increase their impact. The focus of this season will be on cutting-edge, cross-chain solutions, and the widespread usage of blockchain technology. Due to its compatibility with the Ethereum Virtual Machine (EVM), TRON has always enabled cross-chain capabilities. Developers now have more choices for deploying and interacting with other L1 blockchain ecosystems via the BTTC bridge. The new Academy track was carried out via an in-person event that welcomed more than 200 university students from seven top-tier schools consisting of Harvard, MIT, Yale, UPenn, Princeton, Northeastern, and Boston University. The “Hacker House” was on the Harvard campus and hosted up-and-coming blockchain developers with various projects over the past weekend. Teams competed for a share of the $74,000 prize pool, which was allocated specifically for this track. A new initiative called the TRON Academy Program, which looks to establish blockchain partnerships on college campuses across the globe, officially launched with the Hacker House event. The TRON Grand Hackathon, a.k.a. HackaTRON, provides developers with the tools they need to create and implement DeFi, GameFi, NFT, and Web3 decentralized applications (dApps). TRON hopes to build a sizable, worldwide blockchain community and is actively seeking developer teams who wish to build in the TRON and BTTC ecosystems. 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 November 2022, it has over 120 million total user accounts on the blockchain, more than 4.2 billion total transactions, and over $11.8 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. In May 2022, the over-collateralized decentralized stablecoin USDD was launched on the TRON blockchain, backed by the first-ever crypto reserve for the blockchain industry - TRON DAO Reserve, marking TRON's official entry into decentralized stablecoins. Most recently in October 2022, TRON was designated as the national blockchain for the Commonwealth of Dominica, which is the first time a major public blockchain partnering 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 | Twitter | YouTube | Telegram | Discord | Reddit | GitHub | Medium | ForumContactHayward [email protected]
23 days agocryptodaily
FTX’s Deal With Tron Allows Users To Swap Assets
Sam Bankman-Fried led cryptocurrency exchange FTX announced that it had reached an agreement with Justin Sun’s Tron. The agreement allows holders of select assets, such as TRX, to swap them from the FTX exchange to external wallets. The announcement is somewhat of a relief to users, allowing them to withdraw their funds. A Questionable Rescue Plan FTX has announced that it has reached an agreement with Justin Sun’s Tron Network, although market watchers have called the agreement bizarre. Under the agreement, users can withdraw their funds from the FTX exchange. However, the catch is they have to surrender 80% of the value of their portfolio to arbitrageurs. Additionally, FTX users can withdraw their funds only if they hold specific tokens from the Tron network. These are BTT, TRX, JST, SUN, and HT, and are trading at a steep markup on FTX. FTX announced the plan in a tweet, stating, “We are pleased to announce that we have reached an agreement with Tron to establish a special facility to allow holders of TRX, BTT, JST, SUN, and HT to swap assets from FTX 1:1 to external wallets.” The announcement comes shortly after FTX’s deal with Binance collapsed, with investors pulling funds out of their exchange. A Few Details Rumblings of Tron and FTX trying to work out a deal began circulating yesterday. The official announcement saw token prices on the fTX exchange surge. At the time of writing, TRX was training at $0.32 on FTX, while BTT was trading at $0.00000382. Additionally, JST was trading at $0.17, SUN at $0.029, and HT at $29.8, although it is important to remember that these prices are constantly changing. However, these prices differ significantly from those found on other exchanges such as Binance. On Binance, TRX is trading at $0.05 and BTT for $0.00000073, while Huobi sees JST trade at $0.023, SUN for $0.0057, and HT for $6.35. Not Ideal For FTX Users FTX users wishing to withdraw their funds must agree to purchase Tron-based coins at a significant markup from FTX compared to the prices that they are available on other exchanges. Additionally, they will also have to sell them at the prevailing price on other exchanges, effectively taking a loss that varies between 70% to 90% depending upon the asset in question. Furthermore, from the looks of things, it appears Tron will be willing to deploy only $13 million worth of funds to FTX for the time being. This means there is no guarantee that users would be able to withdraw funds even if they purchase the assets at a significant markup. Arbitrage Opportunities The deal also sets up significant arbitrage opportunities for market makers that have access to FTX’s order books. Arbitrageurs can purchase cheap tokens and sell them at much higher prices to FTX users. According to market watchers, FTX may be attempting to plug the hole in its balance sheet by forcing users to surrender 80% of their portfolio to the arbitrageurs it has set up. Additionally, there is no guarantee that users may be able to withdraw their funds. Sam Bankman-Fried Apologizes Sam Bankman-Fried took to Twitter, apologizing to users in a series of tweets, stating that he takes full responsibility for his actions. He also stated that his number one priority was to ensure that users get their due. “My #1 priority--by far--is doing right by users. And I’m going to do everything I can to do that. To take responsibility, and do what I can.” Bankman-Fried’s tweets were appreciated by many users on Twitter, including Bill Ackman, who tweeted, “You have to give @SBF_FTX credit for his accountability here. I don’t know any of the facts, but I have never before seen a CEO take responsibility as he does here. It reflects well on him and the possibility of a more favorable outcome for @FTX_Official.” Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
24 days agocointelegraph
Tron-based tokens sell at 1200% premium as FTX users scramble to withdraw
The JST token in particular is trading for a premium of around 1,200%, while BTT and TRX have inflated at least 500% apiece.
24 days agocryptodaily
What next for FTX CEO after Binance deal now off the table?
Sam Bankman-Fried, the CEO of FTX, is looking at all his options now that Binance has pulled out of the deal to buy the stricken crypto exchange. A proposed deal between CZ’s Binance and Sam Bankman-Fried’s FTX exchange is a no go after it didn’t make it through the due diligence stage of the process. Crypto Daily reported this fact earlier today after CZ tweeted out that he was pulling out of the deal after “mishandled customer funds” and “alleged US agency investigations” had come to light. What now? So what now for Sam Bankman-Fried’s beleaguered crypto empire? Options will have to be considered even as the entire crypto industry is suffering arguably its worst ever test as prices continue to go lower across the board. Bitcoin is hovering at around $16,500 with not much beneath it until it hits $14,000. Ethereum is perhaps turning support into resistance at $1,200, and the entire crypto market cap has made its lowest low since January 2021. Deeply sorry According to an article on Reuters, Bankman-Fried has told FTX staff in a message that “his goals were to protect customers and provide any help he could to staff and investors”. However, he does appear to acknowledge the full extent of the plight facing his FTX exchange exchange when he said: “I'm deeply sorry that we got into this place, and for my role in it. That's on me, and me alone, and it sucks, and I'm sorry, not that it makes it any better." Unforeseen help Some help thought might have come from a fairly unforeseen quarter as Justin Sun announced earlier today in a tweet, since retweeted by Bankman-Fried, that he would be standing behind the Tron ($TRX) token holders. Further to my announcement to stand behind all Tron token (#TRX, #BTT, #JST, #SUN, #HT) holders on #FTX, we are putting together a solution together with #FTX to initiate a pathway forward. @FTX_Official — H.E. Justin Sun

About BitTorrent New

The live price of BitTorrent New (BTT) today is 0.0000007 USD, and with the current circulating supply of BitTorrent New at 932,028,892,857,000 BTT, its market capitalization stands at 654,147,478 USD. In the last 24 hours BTT price has moved 0.00000001 USD or 0.01% while 12,551,656 USD worth of BTT has been traded on various exchanges. The current valuation of BTT puts it at #62 in cryptocurrency rankings based on market capitalization.

Learn more about the BitTorrent New blockchain network and how it works or follow the price of its native cryptocurrency BTT and the broader market with our unique COIN360 cryptocurrency heatmap.

BitTorrent New Price0.0000007 USD
Market Rank#62
Market Cap654,147,478 USD
24h Volume12,165,200 USD
Circulating Supply932,028,892,857,000 BTT
Max Supply9,900,000,000,000 BTT
Yesterday's Market Cap648,717,950 USD
Yesterday's Open / Close0.0000007 USD / 0.0000007 USD
Yesterday's High / Low0.0000007 USD / 0.0000007 USD
Yesterday's Change
0.01% ( 0.00000001 USD )
Yesterday's Volume12,551,656 USD
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