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Blockchain Press Releases

HTX Wraps Up 11th Anniversary Celebration with Global Festivities and $10+ Million Rewards

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SINGAPORE, Oct. 8, 2024 /PRNewswire/ — In September 2013, one of the early cryptocurrency exchanges, HTX, was founded, undertaking a remarkable journey in the evolving world of blockchain and digital assets. Over the past 11 years, the platform has remained at the forefront of the dynamic sector through continuous innovation, partnering with worldwide users to navigate market fluctuations.

HTX launched a series of events in August to celebrate its 11th anniversary. The celebration, themed “From Trials to Triumph,” was a tribute to the platform’s resilience and commitment to serving its users and driving industry growth. The festivities over the celebration month saw enthusiastic participation from global users, ending with resounding success featuring record-breaking figures.

Over $10 Million in Rewards: Top Winner Takes Home $68,425

HTX marked its 11th anniversary by offering an unprecedented range of rewards across all business lines, tailored to its diverse user base. The most popular event Celebration Tasks attracted over 310,000 participants and distributed more than 940,000 USDT in prizes, with individual rewards reaching up to 250 USDT or more. The 11 tasks challenge included various tasks such as spot trading, futures trading, margin trading, and more. With this bridge, users can easily access the platform’s trending events. According to HTX, this event generated $10.242 billion in futures trading volume, $1.54 billion in spot trades, and over $54 million in Restaking. The event was particularly successful in attracting new users, with more than 16,000 signups, contributing nearly $570 million in trading volume.

Additionally, HTX offered substantial rewards for returning users. This special initiative saw nearly 18,000 inactive accounts reactivated, distributing a total of 364,000 USDT in rewards, with a participant receiving as much as 10,000 USDT.

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In terms of the most attractive event, the innovative Trade to Earn event was responsible for the largest share of the total celebration prize pool. It offered a prize pool of $2,587,000 in $HTX tokens for 13,600 participants to collectively share in. The top winner claimed $68,425 in $HTX, making them the biggest individual beneficiary of the entire celebration.

By September 20, HTX had rewarded a total of 334,832 users with over 10 million USDT in prizes. Beyond token rewards, users also received physical gifts such as limited-edition merchandise and tickets to TOKEN2049.

Global Engagement: Online/Offline Celebrations Sweep Through Community

In addition to generous rewards, HTX’s celebrations reached a global audience through an array of online and offline events, engaging its community across multiple platforms including HTX Community, HTX Live, HTX Learn, and social media outlets. The Posting a Blessing Message event alone generated 83,755 posts, 5.74 million impressions, and 655,000 interactions in 21 days. HTX Learn also joined the celebration with its popular Learn & Earn event for CLORE, attracting over 120,000 participants.

Kicking off the celebrations, the Battle of Glory for KOLs saw enthusiastic participation from a wide range of KOLs and users. Throughout the event, KOLs generated 1.57 million interactions from nearly 180,000 posts on HTX Community and attracted over 100,000 viewers from 1,226 live streams. Overall, the event drove $7.2 billion in trading volume through 16 million KOL impressions and 74,000 votes. The top 111 KOLs from this event were awarded at the HTX DAO x TRON TOKEN2049 Afterparty on September 18, highlighting the close connection between HTX and its KOL network.

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On social media, HTX’s anniversary events amassed 1.89 million impressions, and its nine sessions on X Spaces garnered over 6,703,000 views.

For instance, influencer Crypto Ghost Club shared on X, “Longevity in crypto requires patience, earnestness, responsibility, integrity, and persistence. HTX has demonstrated these principles over 11 years with unwavering commitment. You don’t last this long in business without staying true to your original mission.” Another user, NingNing, remarked, “HTX’s 11-year journey mirrors the experiences of every crypto investor. We’ve all seen highs and lows in this volatile market, but it’s these ups and downs that have shaped us as a community. In such a young industry, 11 years is a legend, and every one of us is writing our own part of that story.” The users’ strong bond to HTX is clearly demonstrated by their continued support, fueling the platform’s growth.

HTX also held several offline meetups in various countries and regions to bring users together. On September 17, the first in a series of get-togethers took place in Singapore, where several key clients and KOLs joined for a sunset hiking and picnic at MacRitchie Reservoir Park. More events alike will be hosted across Malaysia, the Netherlands, France, and Kenya.

Closing Thoughts

As one of the longest-standing cryptocurrency exchanges, HTX’s 11-year milestone is a testament to the loyalty and trust of its users. The platform celebrated this occasion by giving back to its community through a wide range of events and rewards. In the future, HTX remains committed to improving user experience through a secure and reliable trading environment and innovative products and services and to bolstering the industry’s growth and adoption. Its journey toward becoming a century-old platform in the world of crypto continues.

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About HTX

Founded in 2013, HTX has evolved from a virtual asset exchange into a comprehensive ecosystem of blockchain businesses that span digital asset trading, financial derivatives, research, investments, incubation, and other businesses.

As a world-leading gateway to Web3, we harbor global capabilities that enable us to provide users with safe and reliable services.

Our growth strategy – “Global Expansion, Thriving Ecosystem, Wealth Effect, Security & Compliance”, underpins our commitment to providing quality services and values to virtual asset enthusiasts worldwide.

Contact Details
Ruder Finn Asia
[email protected] 

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Company Website
https://www.htx.com

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Logo – https://mma.prnewswire.com/media/2391903/image_ID__Logo.jpg 

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Blockchain

ChainSwap Announces Plans to Integrate Solana for Faster Multi-Chain Transactions During Future Blockchain Summit

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ChainSwap, the cross-chain swap platform, has announced during its attendance at the major Dubai conference Future Blockchain Summit, its plans to integrate Solana into its decentralized application (dApp), further expanding its multi-chain transaction capabilities. This planned integration will allow ChainSwap users to perform same-chain and cross-chain token swaps on the Solana network, known for its high-speed transactions and low fees.

The integration, expected to launch in the coming months, will enable faster and more
Ethereum, Binance Smart Chain, and Polygon.

“Integrating Solana into our platform is a strategic step to improve the user experience and
expand the range of supported blockchains,” said Fitzy, CEO and Founder of ChainS wap
“Solana’s fast and affordable transactions make it a perfect fit for our platform, and we are
excited to bring this option to our users in the near future.
Once completed, the integration will offer:

  • Same-Chain Swaps: Users will be able to swap tokens within the Solana network leveraging its fast transaction speeds and low costs.
  • Cross-Chain Swaps: Users will benefit from secure and efficient token swaps between Solana and other major networks like Ethereum, Polygon, and Avalanche.

Solana’s integration is a crucial step forward in ChainSwap’s mission to deliver an accessible and scalable platform for decentralized finance (DeFi) users, offering a broad range of multi-chain options to meet the growing needs of the DeFi ecosystem.

The post ChainSwap Announces Plans to Integrate Solana for Faster Multi-Chain Transactions During Future Blockchain Summit appeared first on HIPTHER Alerts.

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Blockchain Press Releases

CoinDesk bolsters information services offering with strategic acquisition of CCData and CryptoCompare

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NEW YORK and LONDON, Oct. 16, 2024 /PRNewswire/ — CoinDesk, one of the most trusted media, events, indices, and data companies for the global crypto economy, today announced that it has acquired CCData, a U.K. FCA-regulated benchmark administrator and one of the leading providers of digital asset data and index solutions, including its trusted retail site, CryptoCompare, which serves over 300,000 active users. The acquisition significantly scales CoinDesk’s information services and data products, while offering enhanced cross-sell opportunities to CCData and CryptoCompare’s extensive number of institutional and retail clients.

For over a decade, CCData has been providing its institutional-grade data solutions, digital asset index suite, and award-winning research to government, institutional, and retail clients navigating the digital asset ecosystem. The acquisition of CCData’s robust data platform and retail platform CryptoCompare further strengthens CoinDesk’s data offerings, immediately increases subscription revenues, and complements the existing suite of solutions offered by CoinDesk Indices and CoinDesk Media.

“Over the past ten years, CCData has become one of the most respected and reliable data platforms for digital assets, earning the trust of numerous users seeking to understand and leverage their potential,” said Sara Stratoberdha, CoinDesk CEO. “We are thrilled to begin integrating CCData’s high-quality, robust, and trusted data platform and retail suite across CoinDesk’s existing products and services to unlock greater opportunities for our customers.”

“We are incredibly excited to join forces with CoinDesk as we embark on the next chapter of CCData’s journey,” said Charles Hayter, CEO and Co-Founder of CCData. “CoinDesk is an integral pillar of the digital asset sector, from its award-winning journalism to flourishing index business. I am deeply proud of what CCData and CryptoCompare have accomplished over the past decade, and with CoinDesk as our partner, I’m confident that we will continue to build a legacy that supports and empowers our clients and the broader crypto industry.”

CoinDesk business update

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Since 2014, CoinDesk Indices has been at the forefront of the digital asset revolution, empowering investors globally with tens of billions of dollars in benchmarked assets. Flagships such as the CoinDesk Bitcoin Price Index (XBX) and the CoinDesk 20 Index set the industry standard for measuring, trading, and investing in digital assets. Since launching in January 2024, the CoinDesk 20 perpetual futures contract has attracted substantial institutional interest, driving a trading volume of over $8 billion.

CoinDesk Media provides news, analysis and real-time insights on digital assets and blockchain technology and holds large-scale conferences for industry professionals. CoinDesk Media’s products and services reached an estimated audience of 45.5 million people during the first half of 2024. The Consensus conference, one of the world’s largest and longest-running digital asset events, attracted over 15,000 registrations in 2024. Consensus Hong Kong and Consensus Toronto will take place on February 18-20 and May 14-16 in 2025, respectively.

Advisor

Morgan, Lewis & Bockius LLP served as legal advisor to CoinDesk on the transaction.

Media contacts

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CoinDesk

[email protected]  

CCData

[email protected]

About CCData

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CCData is an FCA-regulated benchmark administrator and global leader in digital asset data, providing institutional-grade digital asset data and settlement indices. By aggregating and analyzing tick data from globally recognised exchanges and seamlessly integrating multiple datasets, CCData provides a comprehensive and granular overview of the market across trade, derivatives, order book, historical, social, and blockchain data.

To learn more about CCData, go to: www.ccdata.io.

About CoinDesk

CoinDesk is one of the most trusted media, events, indices, and data companies for the global crypto economy. CoinDesk Indices offers expertise in digital asset indices, data, and research to educate and empower investors. Since 2013, CoinDesk Media has led the story of the future of money and investing, illuminating the transformation in society and culture that comes with it. Our award-winning team of journalists delivers news and unparalleled insights that bring transparency, comprehension, and context. CoinDesk Events gathers the global crypto, blockchain, and Web3 communities at annual events such as Consensus, the world’s largest and longest-running crypto festival.

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Blockchain

Cardano CMO Adam Bates joins MultiversX as new Chief Marketing Officer

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Multiversx, the world’s most scalable blockchain network, has
appointed Adam Bates, former CMO of Cardano / IOHK, as its new Chief Marketing Officer (CMO) to take its narrative to a wider global audience.

“MultiversX have created the perfect island, but nobody really knows about it, My role is to be
the tourist board – to atract millions of visitors,” says Adam. “MultiversX can already do 72k tps and accelerate throughput of existing L2 blockchain networks by up to x100. And that is a story that needs to be told.”

Previously, Adam helped make Cardano a top 30 brand that ranked above Bitcoin, BMW and Nestle for brand intimacy,. Other notable career wins include creating the biggest hybrid marketing event in the crypto space, winning Fast Company’s “Top 10 Most Innovative
Companies’ award, featuring Cardano’s CEO Charles Hoskinson, live on Fox News, Yahoo Finance, Bloomberg and in Rolling Stone Magazine, and creating the Cardano 360 news show which grew community audiences 25x in 3 months. All of which helped ADA value increase 20x.

A major proponent of blockchain tech and its everyday merits, Adam added, “Blockchain can and must bring trust to the masses to revolutionize industries like AI, finance, Healthcare, voting, social media and more. Only a limitlessly, scalable blockchain like MultiversX with record-breaking tps, that can also dramatically accelerate throughput for all chains, can do this. This unselfish mission resonated deeply and attracted me to MultiversX.

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In addition to blockchain, Adam brings a wealth of brand experience to drive mainstream blockchain adoption, having overseen major marketing campaigns for Fortune 500 companies such as Virgin Airlines, Barclays, Paralympics, Emirates, Lego, Mercedes-Benz. Porsche and Samsung among others Adam was also a Director at the global marketing group BBDO in London for 11 years, working with over 300 offices worldwide, giving him a comprehensive understanding of cross border collaboration.

Beniamin Mincu, CEO of MultiversX, expressed his excitement at Adam’s arrival: “A great idea is only as powerful as its reach. Adam Bates’ proven ability to drive brand recognition and achieve strategic milestones is exactly what we need to showcase our strengths. Hel be instrumental in conveying that were not here to compete–were here to empower the entire blockchain industry with the scalability it needs for mainstream success.

Adam’s appointment marks yet another leap forward in MultiversX’s mission to harness top-tier talent, positioning blockchain as the catalyst for innovation across countless industries.

The post Cardano CMO Adam Bates joins MultiversX as new Chief Marketing Officer appeared first on HIPTHER Alerts.

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