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DynamicCoin(DMC)

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10,541,442,931
260 days agocryptodaily
TRON DAO Ventures Invests $2 Million in CRV and Curve to Launch on TRON and BTTC
Geneva, Switzerland, August 17th, 2023, ChainwireTRON DAO Ventures, the investment arm of TRON DAO, has recently bought $2 million worth of CRV tokens. As part of this strategic partnership, Curve will launch on both the TRON and the BTTC networks.Curve is a decentralized exchange acclaimed for its automated market makers (AMMs) tailored for stablecoin trading. Having experienced an exponential surge in the latter half of 2020, it once established itself as the epitome of DeFi platforms. Currently, Curve ranks as the world's second-largest decentralized exchange (DEX) and the largest DEX for stablecoin trading.The recent hack targeting the platform has led to a chain reaction in the DeFi space. TRON founder Justin Sun promptly expressed his support for Curve after the incident, stating, "Curve is an essential DeFi infrastructure for the blockchain industry. Our thoughts are with the team and the users affected. As a community, let's support and strengthen the security measures to protect our decentralized ecosystem."Amidst the volatile market on August 1, TRON forged a partnership with Curve, introducing a stUSDT pool on the platform. stUSDT, the world's first rebase real-world asset (RWA) protocol on the TRON blockchain, is hailed as the Web3 world's version of Yu'E Bao (once China’s largest money market fund). According to Defillama, the TVL on stUSDT has already exceeded $700 million.Following that, TRON DAO Ventures announced its investment in Curve, underscoring TRON's ecosystem support not only through collaboration but also through financial backing. Meanwhile, Curve will integrate with the TRON and the BTTC networks as part of the partnership.The collaboration among TRON, BTTC, and Curve is set to generate crucial synergies for the industry. Curve, a foundation infrastructure in the DeFi domain, offers significant advantages in terms of reduced financial costs and time inefficiencies while also supporting prominent public blockchains like Ethereum, Arbitrum, and Avalanche. This collaboration is poised to help further develop TRON's DeFi ecosystem. Meanwhile, as a major driver of DeFi innovation, TRON will share its most secure and cutting-edge products with Curve.The integration between Curve and BTTC will also fuel the growth of DeFi ecosystems, especially DEX platforms. As the industry's first heterogeneous cross-chain interoperability protocol, BTTC has supported cross-chain functionality between TRON, Ethereum, and BNB Chain upon its release. It will also introduce zero-knowledge (ZK) proof technology later this year, which enables users to build dApps seamlessly across different blockchains, promoting an inclusive ecosystem open to everyone.With the backing of TRON and BTTC, Curve anticipates a rapid rebound, and users are bound to witness a more vibrant DeFi ecosystem in the crypto industry.About TRON DAOTRON 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 August 2023, it has over 179.07 million total user accounts on the blockchain, more than 6.26 billion total transactions, and over $13.01 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. Most recently in October 2022, TRON was designated as the national blockchain for the Commonwealth of Dominica, which marks the first time a major public blockchain partnered 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 | ForumAbout CurveFounded by Michael Egorov and launched in January 2020, Curve Finance positions itself as a DEX built on an AMM model. It focuses on the trading of stablecoins (USDT, USDC, DAI), synthetic assets/derivatives/staking assets (wBTC, renBTC, stETH), etc. In addition to its stronghold Ethereum, Curve also extended its presence across other chains such as Fantom, Polygon, Avalanche, Arbitrum, and Optimism.ContactHayward [email protected]
260 days agocryptodaily
TRON DAO Ventures Invests $2 Million in CRV and Curve to Launch on TRON and BTTC
Geneva, Switzerland, August 17th, 2023, ChainwireTRON DAO Ventures, the investment arm of TRON DAO, has recently bought $2 million worth of CRV tokens. As part of this strategic partnership, Curve will launch on both the TRON and the BTTC networks.Curve is a decentralized exchange acclaimed for its automated market makers (AMMs) tailored for stablecoin trading. Having experienced an exponential surge in the latter half of 2020, it once established itself as the epitome of DeFi platforms. Currently, Curve ranks as the world's second-largest decentralized exchange (DEX) and the largest DEX for stablecoin trading.The recent hack targeting the platform has led to a chain reaction in the DeFi space. TRON founder Justin Sun promptly expressed his support for Curve after the incident, stating, "Curve is an essential DeFi infrastructure for the blockchain industry. Our thoughts are with the team and the users affected. As a community, let's support and strengthen the security measures to protect our decentralized ecosystem."Amidst the volatile market on August 1, TRON forged a partnership with Curve, introducing a stUSDT pool on the platform. stUSDT, the world's first rebase real-world asset (RWA) protocol on the TRON blockchain, is hailed as the Web3 world's version of Yu'E Bao (once China’s largest money market fund). According to Defillama, the TVL on stUSDT has already exceeded $700 million.Following that, TRON DAO Ventures announced its investment in Curve, underscoring TRON's ecosystem support not only through collaboration but also through financial backing. Meanwhile, Curve will integrate with the TRON and the BTTC networks as part of the partnership.The collaboration among TRON, BTTC, and Curve is set to generate crucial synergies for the industry. Curve, a foundation infrastructure in the DeFi domain, offers significant advantages in terms of reduced financial costs and time inefficiencies while also supporting prominent public blockchains like Ethereum, Arbitrum, and Avalanche. This collaboration is poised to help further develop TRON's DeFi ecosystem. Meanwhile, as a major driver of DeFi innovation, TRON will share its most secure and cutting-edge products with Curve.The integration between Curve and BTTC will also fuel the growth of DeFi ecosystems, especially DEX platforms. As the industry's first heterogeneous cross-chain interoperability protocol, BTTC has supported cross-chain functionality between TRON, Ethereum, and BNB Chain upon its release. It will also introduce zero-knowledge (ZK) proof technology later this year, which enables users to build dApps seamlessly across different blockchains, promoting an inclusive ecosystem open to everyone.With the backing of TRON and BTTC, Curve anticipates a rapid rebound, and users are bound to witness a more vibrant DeFi ecosystem in the crypto industry.About TRON DAOTRON 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 August 2023, it has over 179.07 million total user accounts on the blockchain, more than 6.26 billion total transactions, and over $13.01 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. Most recently in October 2022, TRON was designated as the national blockchain for the Commonwealth of Dominica, which marks the first time a major public blockchain partnered 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 | ForumAbout CurveFounded by Michael Egorov and launched in January 2020, Curve Finance positions itself as a DEX built on an AMM model. It focuses on the trading of stablecoins (USDT, USDC, DAI), synthetic assets/derivatives/staking assets (wBTC, renBTC, stETH), etc. In addition to its stronghold Ethereum, Curve also extended its presence across other chains such as Fantom, Polygon, Avalanche, Arbitrum, and Optimism.ContactHayward [email protected]
276 days agocryptodaily
LBank Exchange to List Seven New Tokens in a Week
Road Town, BVI, August 1st, 2023, ChainwireDigital asset exchange LBank continues to focus on providing its users with quality projects to access. For the week starting July 31, LBank has announced its intention to list a total of seven new tokens. These encompass a diverse range of projects.The first token on LBank’s schedule, DBC, was listed on July 31. All DBC-powered platforms are interconnected like a universe, enabling users to learn, play and shop. DBC will be used for membership points and as a means of exchange within the DBear universe. DBC is headed by Man-won Chung, former CEO of SK Telecom which has a market capitalization of $8 billion.The second token, PEPEBURN, also listed on July 31, is a low supply memecoin with less than 1 million tokens created. August 1 then sees the launch of PSUB, an abbreviation of Payment Swap Utility Board and a Klaytn-based blockchain. PSUB forms a circular ecosystem structure between a payments NFT marketplace and online commerce with its own wallet as a hub. In the future, PSUB will form partnerships with various affiliates to expand its platform ecosystem not only domestically but also abroad to solidify its own infrastructure.August 1 also sees the launch of OZON on LBank. This asset takes the role of utility token on a fifth-generation blockchain network. The OZONE blockchain is mainly concerned with digital finance, metaverse, travel, and ecommerce. On the same day, LBS lists on LBank. The token powers a luxury brand distribution, management and payment system using blockchain technology.On August 3, SMETA is to be listed on LBank. Starkmeta is a Singapore-based startup that’s successfully integrated generative AI (ChatGPT) with Unreal Engine 5 and Web3 metaverse games for the first time. It enables users to enjoy social networking with friends and select the products they want with the help of an AI assistant.The following day, DMC lists on LBank. Datamall Chain is an open source blockchain that aims to promote the construction of next generation internet infrastructure. Products will include decentralized storage mining, DeFi, NFTs, cross-chain bridge and cloud storage.For the week running from July 24-30, LBank listed a total of 12 tokens covering NFTs, memecoins, public chains, and GambleFi. Of these, the best performer was Worldcoin (WLD), which rose over 350% since listing.About LBankLBank is one of the top crypto exchanges, established in 2015. It offers specialized financial derivatives, expert asset management services, and safe crypto trading to its users. The platform holds over 9 million users from more than 210 regions across the world. LBank is a cutting-edge growing platform that ensures the integrity of users' funds and aims to contribute to the global adoption of cryptocurrencies.Start Trading Now: lbank.comCommunity & Social Media: Telegram l Twitter l Facebook l LinkedIn l Instagram l YouTubeContactLBK Blockchain Co. [email protected] Blockchain Co. [email protected]
304 days agocryptodaily
TRON Unveils HackaTRON S5 and Developer Community Event TRON Builder Tour
Geneva, Switzerland, July 4th, 2023, ChainwireTRON DAO, BitTorrent Chain (BTTC), and Huobi Ventures proudly present HackaTRON Season 5 (S5), an incredible showcase of talent in the fast-paced world of blockchain technology. 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*. It's time to set the stage for the next big thing in the blockchain universe!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. Embark on this extraordinary journey to create, innovate, and inspire!Join the Journey with TRON Builder TourAlongside 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. Participants will get a unique opportunity to engage with the TRON team directly, network with fellow developers, participate in Tron workshops, and immerse themselves in the world of blockchain.Our Tron Builder Tour will touch down at the following destinations:1. New York City: Stepping off on July 16, 20232. Los Angeles: Lighting up LA on July 27, 20233. Miami: Making waves on August 25, 20234. Berkeley: Energizing innovation on September 9, 20235. Princeton: Wrapping up our journey on September 23, 2023Mark your calendars, and prepare for a unique blend of learning, innovation, and community building.Unleash Your Potential in HackaTRON Season 5Taking part in HackaTRON Season 5 means more than the chance to compete for prizes. It's an invitation to delve into the future of blockchain technology, collaborate with the best in the industry, and translate your innovative ideas into reality.Here's why HackaTRON S5 is an opportunity you don't want to miss:Exposure: Take center stage and let your talents shine before a global audience of blockchain enthusiasts and experts.Collaboration: Harness the power of diverse minds. Working with fellow participants opens doors to shared learning and potential partnerships.Impact: Your contribution can redefine the future landscape of blockchain technology. Our event is tailored to the most current and critical issues in the industry.Opportunities: Beyond the competitive prize pool, participants could secure job offers, internships, or catch the eye of venture capitalists.Community: Immerse yourself in the dynamic TRON, BTTC, and Huobi Ventures communities. Together, we cultivate an environment of innovation, growth, and camaraderie.Ignite the Flame of Competition with Our Prize PoolWe're fueling your journey to success with a stellar prize pool of 500,000*, divided as follows:Judge-Selected Qualifiers (per track)- 1st Place: 25,000- 2nd Place: 15,000- 3rd Place: 10,000- 4th Place: 8,000- 5th Place: 6,000Community-Selected Winners- 1st Place: 7,000- 2nd Place: 6,000- 3rd Place: 5,000- 4th Place: 4,000- 5th Place: 3,000Note: All prizes are issued in USDD, not USD*Qualifying HackaTRON Season 5 participants are eligible to receive issuance of awards in USDD.For this season, we've teamed up with Huobi Ventures to ramp up the stakes. They'll award an extra 5,000 to each first-place winner and sponsor a 2,500 bug bounty in the TRON Builder Tour, totaling an additional 27,500.Note: All grant prizes are in USDD, not USDHackerEarth, a global developer network with 7.6M+ developers and 1000+ recruiters, will be the official hackathon platform partner for HackaTRON Season 5. This collaboration provides the tools and resources for participants to sharpen their skills and exhibit their talents.Join us on this trailblazing journey at HackaTRON Season 5, where we converge ambition, creativity, and the power of blockchain to create an unforgettable hackathon experience. Get ready to leave your footprints on the sands of the blockchain world. Stay tuned for more updates here.About TRON DAOTRON 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 July 2023, it has over 170.5 million total user accounts on the blockchain, more than 6.05 billion total transactions, and over $12.74 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. Most recently in October 2022, TRON was designated as the national blockchain for the Commonwealth of Dominica, which marks the first time a major public blockchain partnered 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 | ForumAbout BitTorrent ChainBitTorrent Chain (BTTC) is the world’s first heterogeneous cross-chain interoperability protocol, which adopts the PoS (Proof-of-Stake) mechanism and leverages sidechains for the scaling of smart contracts. It now enables interoperability with the public chains of Ethereum, TRON, and BNB Chain. Fully compatible with EVM, BitTorrent Chain facilitates the seamless transfer of assets across mainstream public chains. The governance token BTT, also known as BTTOLD on TRON Protocol was granted statutory status as authorized digital currency and medium of exchange in the Commonwealth of Dominica on October 7th 2022.Website | Telegram | Medium | Github | DocsAbout Huobi VenturesHuobi Ventures, the global investment arm of Huobi, integrates investment, incubation, and research to identify the best and brightest teams in the world.As a 10 year pioneer in the industry, we explore, unveil and assist the industry's cutting-edge technologies and emerging business models, providing financing, resources and advisory to projects to grow the blockchain ecosystem together.ContactHayward [email protected]
312 days agocryptodaily
Arkham Partners With Tron, Launches Support for Tron Blockchain
Geneva, Switzerland, June 26th, 2023, ChainwireTRON DAO is pleased to announce that Arkham, the leading blockchain intelligence platform, has launched support for the TRON blockchain.Arkham deanonymize blockchains by showing users the people and companies behind cryptocurrency transactions. Arkham’s support for the TRON blockchain will enable traders and researchers to track the entities on TRON using Arkham’s AI-powered analytics engine.TRON is the world’s leading blockchain by number of daily active addresses. It averages over 2 million daily this month, which surpasses both Ethereum and Bitcoin. It is the 2nd largest blockchain by total value locked. The TRON-Arkham partnership thus represents a major step forward in Arkham’s coverage of global blockchain activity.“This partnership aligns perfectly with our values, offering our millions of users the ability to dive deeper into the blockchain than ever before,” says a spokesperson of TRON DAO. “Arkham's cutting-edge analytics engine will bring a new level of understanding to the TRON blockchain, allowing traders and researchers to map out the entities within our network. Together with Arkham, we aim to revolutionize the way people view and interact with the blockchain.”Miguel Morel, Founder and CEO of Arkham, also added, “We’re delighted to have TRON as a partner, as we launch support for their blockchain on Arkham. They’ve achieved a significance which few other blockchains have, particularly in the Asian market, where Arkham is deeply committed to growing our presence.”About TRON DAOTRON 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 June 2023, it has over 168.8 million total user accounts on the blockchain, more than 5.97 billion total transactions, and over $12.49 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. Most recently in October 2022, TRON was designated as the national blockchain for the Commonwealth of Dominica, which marks the first time a major public blockchain partnered 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 | ForumAbout ArkhamArkham is deanonymizing the blockchain. With backing from the founders of Palantir and OpenAI, Arkham is building a crypto intelligence platform that shows users the people and companies behind blockchain activity and addresses, along with advanced data and analytics about their behavior. To deanonymize blockchain users and match them to identities, Arkham uses Ultra, a proprietary AI-powered address matching engine. For more information, visit https://arkhamintelligence.comContactHayward [email protected]
325 days agocryptodaily
DWF Labs and TRON Reach Strategic Partnership to Strengthen Ecosystem Support
Geneva, Switzerland, June 13th, 2023, ChainwireGlobal digital asset market maker and multi-stage Web3 investment firm DWF Labs has announced its partnership with TRON, the leading blockchain network focused on the decentralization of the Internet via decentralized applications (dApps). As part of this partnership, DWF Labs has become a liquidity provider for TRON, further enhancing the ecosystem support of the blockchain.Andrei Grachev, the Managing Partner of DWF Labs, stated, "With over 165 million accounts created and more than 5.8 billion transactions on the TRON network, we firmly believe that the TRON ecosystem is at the forefront of Web3 adoption. What we find particularly appealing about TRON's accomplishments is its remarkable ability to attract new ideas. TRON stands as one of the fastest-growing dApps ecosystems in the space at the moment, and the consistent rollout of innovative tools and services proves that TRON has a leading role in paving the trail in blockchain. That is why we are eager to further support the ecosystem with additional investment in the near future."DWF Labs, as a prominent market maker in the blockchain industry, has been actively supporting and investing in Web3 protocols. Last year, DWF Labs committed an initial $15 million to the Web3 Industry Recovery Initiative, led by Binance Labs, to aid struggling protocols in the industry's recovery. More recently, DWF Labs has formed additional strategic partnerships with leading crypto players worldwide."As a leading blockchain network focused on empowering decentralized commerce and community for every person on the planet, TRON has continually attracted new ideas and demonstrated exceptional growth within the space,” a TRON spokesperson explained. “We are delighted to partner with DWF Labs, as they bring their expertise and excellence to further strengthen the TRON ecosystem. Together, we aim to further support TRON's vision of a decentralized future."By partnering with TRON as a liquidity provider, DWF Labs aims to contribute to the growth and development of the TRON ecosystem, facilitating improved accessibility of the blockchain network for all TRON users and community members.About TRON DAOTRON 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 June 2023, it has over 166.5 million total user accounts on the blockchain, more than 5.85 billion total transactions, and over $11.52 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. Most recently in October 2022, TRON was designated as the national blockchain for the Commonwealth of Dominica, which marks the first time a major public blockchain partnered 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 | ForumAbout DWF LabsDWF Labs is the global digital asset market maker and multi-stage Web3 investment firm, supporting portfolio companies from token listing to market making to OTC trading solutions.With offices in Singapore, Switzerland, the UAE, Hong Kong, South Korea and BVI, the investment company DWF Labs is an affiliate of Digital Wave Finance (DWF), which consistently ranks among the top 5 trading entities by volume in the cryptocurrency world through its proprietary technology for high frequency trading.For more information visit www.dwf-labs.comFor more information, please contact:Andrei GrachevManaging Partner, DWF [email protected] [email protected]
330 days agocryptodaily
TRON MainNet Celebrates Fifth Anniversary and Stands Now as the Preferred Global Blockchain
Geneva, Switzerland, June 8th, 2023, ChainwireIt’s been five years since the day in late May 2018 when the TRON MainNet emerged. The layer one blockchain can now authentically be labeled as the public chain of choice, with the most daily active users, the most daily transactions, and the largest circulation of the stablecoin USDT. Impressing the industry with one achievement after another, it has grown into the global leader among all public chains. As the number of comparable chains and competitive options has exponentially increased, TRON continues to stand out with its second-to-none performance, scalability, and security, attracting masses of developers and users worldwide.Following TRON's anniversary, on June 1, Hong Kong's Securities and Futures Commission (SFC) began accepting applications for crypto trading platform licenses. As a top-tier public chain, TRON has promised full support for Hong Kong's Web3 ambitions to become a crypto hub of the world.TRON was founded by H.E. Justin Sun in 2017, and its MainNet went live on May 31, 2018. Five years into the launch of its MainNet, TRON now has over 165M users worldwide and has processed more than 5.7B transactions. According to DeFiLlama, it also outshines the pack with a TVL (Total Value Locked) second only to Ethereum.TRON has established a robust commerce infrastructure via partnerships across the industry. It has become the global stablecoin highway for USDT, USDC, TUSD, USDJ, and USDD.According to the data on Tether's website, the supply of TRC20-USDT has exceeded 46.1B, now 10B more than the Ethereum-native ERC20-USDT, accounting for 60% of USDT's total supply.Powered by a secure, cost-effective, and efficient underlying blockchain, the TRC-20 protocol launched by TRON has become the go-to choice among on-chain users. In addition, TRON has developed a well-rounded ecosystem covering the hotly contested fields in the sector, including DeFi, NFT, GameFi, stablecoins, the metaverse, cross-chain solutions, and DIDs, with the commitment of a group of active developers.TRON aims to elevate its on-chain stablecoin market cap to $100B in 2023 and strives to become the preferred choice for stablecoin users around the world.In October 2022, TRON was designated as the national blockchain for the Commonwealth of Dominica, and seven TRON-based utility tokens were granted statutory status as authorized digital currencies for use in everyday commerce there. This collaboration blazed a trail for blockchain projects to explore technology application and development with sovereign nations.The next five years look to be as exciting as the previous five. The TRON DAO team is confident they work hard to delve deeper into blockchain tech development by welcoming more and more projects and protocols into the ecosystem to #BUIDLtheFUTURE on TRON. An essential player in propelling the global digital economy forward, TRON strives to empower decentralized commerce and community for every person on the planet.About TRON DAOTRON 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 June 2023, it has over 165.1 million total user accounts on the blockchain, more than 5.79 billion total transactions, and over $12.0 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. Most recently in October 2022, TRON was designated as the national blockchain for the Commonwealth of Dominica, which marks the first time a major public blockchain partnered 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]
331 day agocryptodaily
TRON DAO Honors Top HackaTRON Qualifiers for Completing Blockchain Deployment Milestone
Geneva, Switzerland, June 7th, 2023, ChainwireJust 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.There were over 625 participants from 172 projects across six tracks, including DeFi, Web3, NFT, and GameFi, alongside the new Builder and Eco-Friendly tracks. Five from each track were selected by an esteemed panel of judges as the most promising projects, and each was given 30% of their respective prize when results were announced on May 15.Judge-Selected Top FivesFirst place in each of the judge-selected tracks receives 20,000 USDD, with second place receiving 15,000 USDD, third place 10,000 USDD, and fourth and fifth places 8,000 and 6,000 USDD, respectively.The new Builder track recognized teams returning to the hackathon that have made significant updates to their projects. The ones who completed their blockchain deployment milestone were, in order of selection:“Farming-as-a-Service” project by Elk FinanceGalaxy Throne by Galaxy ThroneJustMoney Spot by JustMoneyTronNRG by TronNinjasTronQL by TronQLThe Eco-Friendly track showcased projects working towards sustainability and environmental stewardship via the TRON Climate Initiative. The ones who completed their blockchain deployment milestone were, in order of selection:EcoMarket by EcoMarketMusiCoinCity by ElfWebCarboEx by CarboExForGreen by ForGreenBlockForest by BlockForestThe projects from the DeFi track that completed their blockchain deployment milestone were, in order of selection:Ergon by USTXCloak by CloakMyFend by Fend GroupSorrel Banq by Paracosm LabsSwirl Ads by Team SudoThe projects from the NFT track that completed their blockchain deployment milestone were, in order of selection:BobbyBot.Trade by SteamSamhita DAO by HeritageSpeakSealKey by TRONNuggetzThe projects from the GameFi track that completed their blockchain deployment milestone were, in order of selection:Duelers from TRONJoyRevoluTRON by Irruption LabCukies: Rush & Run by Cukies WorldThe projects from the Web3 track that completed their blockchain deployment milestone were, in order of selection:TrustSight by The TRONaclesDaren Market by Daren MarketTronSave by TronSaveProvyLens by LensCraftersYinbox by Jeffrey LewisAs mentioned above, the initial judge-selected qualifiers received 30% of their allocated prize for placing in the top five of their respective track on May 15, 2023. They were given until June 1, 2023, to deliver a functional, decentralized application on either the TRON or BitTorrent Chain MainNets in order to receive the remainder of their prize. The projects mentioned above successfully completed this requirement.Community Forum Top FivesThe TRON DAO Forum community voted to select “community” winners, as well. Read about who the community forum selected as the top five projects from each track on the TRON DAO blog.This season, there were also three bonus prizes for the best performances in project engagement, determination, and community contribution. The ten recipients of the community contribution prize were announced on May 15, 2023. The winners of the project engagement prizes and determination prizes were finalized on June 1, 2023, and they are:Season 4 PROJECT ENGAGEMENT Prize Recipients (3,000 USDD per prize):Zombieland by Team ZombieOnChain Vision by OnChainDevSeason 4 DETERMINATION Prize Recipients (5,000 USDD per prize):Bird Catcher Game by Team HunterUjjo Wallet by Why Not?Classic Chords by ChordiansThe TRON DAO team is thrilled with the quality of projects from Season 4 of the HackaTRON. Hackathons are just one of the ways developers are welcomed to #BUIDLtheFUTURE with TRON. Learn more about all that’s happening across the TRON ecosystem at TRONDAO.org.About TRON DAOTRON 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 June 2023, it has over 164.8 million total user accounts on the blockchain, more than 5.78 billion total transactions, and over $12.3 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. Most recently in October 2022, TRON was designated as the national blockchain for the Commonwealth of Dominica, which marks the first time a major public blockchain partnered 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]
333 days agocryptodaily
Dubai's DMCC Joins Forces with Bybit to Empower Crypto Businesses
In a collaboration that is set to ignite the crypto scene in Dubai, the Dubai Multi Commodities Centre (DMCC) has teamed up with global crypto giant Bybit. A strategic partnership This strategic partnership aims to provide substantial financial support, totaling Dhs500,000, to new crypto ventures seeking to establish themselves in the thriving DMCC Crypto Centre—an influential hub for Web3 and blockchain enterprises in the region. As reported by Gulf Today, Bybit, one of the world's leading crypto exchanges with over 15 million users, will take on the role of the official listing partner for the Crypto Centre. This means that Bybit will offer dedicated support to crypto firms looking to list their digital assets on top global exchanges, providing a significant boost to their visibility and growth opportunities. Moreover, Crypto Centre members will gain access to a range of Bybit Services, further enhancing their capabilities and potential. With its headquarters in Dubai, Bybit's partnership with DMCC underscores the emirate's growing prominence as a global crypto hub. The collaboration aims to foster the success of high-potential Web3 businesses in Dubai and fuel the continuous evolution of the crypto industry and the global digital economy. Bybit brings to the table its expertise in transparency, listing procedures, custodial services, and more, aiming to make a lasting impact on Dubai's position as the crypto capital and to fulfil its vision of becoming, what Ben Zhou, co-founder and CEO, calls the world's "Crypto Ark." Ahmed Bin Sulayem, the Executive Chairman and Chief Executive of DMCC, expressed his excitement about the partnership, stating, "Dubai has firmly established itself as a global hub for crypto and Web3, with the DMCC Crypto Centre serving as the region's premier platform for crypto firms. Bybit's presence further strengthens this position, and we are delighted to have them on board as an official ecosystem partner. Through their expertise and financial contribution, we anticipate an acceleration in the growth and influence of Dubai's pioneering crypto and Web3 businesses." Dubai positions itself as a crypto hub The collaboration between DMCC and Bybit extends beyond financial support and listing opportunities. Bybit will actively participate in the educational initiatives of the DMCC Crypto Centre, delivering webinars and educational courses focused on emerging trends in the digital assets industry, the role of centralised exchanges, and their impact on shaping the Web3 ecosystem. As an inclusive ecosystem catering to Web3 and blockchain enterprises, the DMCC Crypto Centre offers a wide range of services and support for companies looking to establish and expand their crypto operations. Currently hosting more than 550 businesses in the Web3 and blockchain space, the Crypto Centre provides an ideal environment for entrepreneurs and innovators to thrive, positioning Dubai as a hotbed for crypto-based innovation and growth. 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
346 days agocryptodaily
TRON Collaborates with Nansen to Deliver In-Depth Insights from Blockchain Activity
Geneva, Switzerland, May 23rd, 2023, ChainwireThe TRON DAO team is thrilled to announce a partnership with Nansen, a prominent provider of blockchain data and research trusted by the world’s leading crypto teams and enthusiasts. In-depth, data-defined, insights about TRON user activity will now be available via Nansen's powerful suite of tools.Nansen offers users “blockchain data that no one else has, remarkably fast, the way your team works.” Nansen processes over 500 TB daily, labeling more than 250 million addresses across more than 16 blockchains, which represents more than 80% of all on-chain volume. Nansen Products exist to 10X user insights while reducing user workload. Query is a powerful, no-code, crypto analytics tool built for its most ambitious customers, providing exclusive access to professional analytics as well as an exclusive community to network with other top crypto leaders. Query enables programmatic blockchain data analysis with SQL and APIs across more than 15 chains, while tracking crypto across more than 45 chains, all in one interface.TRON is the preferred blockchain platform, ranking first in daily user activity, volume of transactions, and USDT stablecoin circulation. Over 46 billion USDT tokens circulate on TRON, 56% of the total USDT supply. With over 1.5 million daily active addresses and over 8 million daily transactions, TRON is becoming a global community for everyday commerce.Through the integration of TRON into Nansen's management and query solutions, all of those users can now access enriched data and gain deeper analysis of TRON's robust ecosystem. Furthermore, Nansen Pro's macro dashboard provides a comprehensive overview of TRON, empowering users with real-time, on-chain insights.This partnership represents just the beginning of the collaboration between TRON and Nansen, as it marks a significant step forward in their shared mission to provide unparalleled blockchain data and analytics services for a more trusting, knowledgeable, data-informed crypto community.About TRON DAOTRON 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 May 2023, it has over 161.5 million total user accounts on the blockchain, more than 5.6 billion total transactions, and over $12.5 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. Most recently in October 2022, TRON was designated as the national blockchain for the Commonwealth of Dominica, which marks the first time a major public blockchain partnered 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]

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