Blockchain Press Releases
HTX Wraps Up 11th Anniversary Celebration with Global Festivities and $10+ Million Rewards
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.
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.
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.
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]
Company Website
https://www.htx.com
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PLAY, the leading platform integrating Web3 technologies into gaming, has partnered with TapNation to bring mobile games to the forefront of the Web3 movement. This partnership will expand the PLAY ecosystem by integrating blockchain features into TapNation’s well-known mobile games, beginning with the fan-favorite, Rock Crawling: Racing Games 3D.
With 60 million monthly active users and 1.4 billion downloads across more than 50+ games, TapNation is set to deliver Web3 powered features using PLAY’s Software Development Kit (SDK). With innovations like player-owned assets, NFTs, marketplace integration, and on-chain tournaments, players will soon enjoy deeper engagement and new ways to interact with their favorite games, unlocking new revenue opportunities for themselves and the broader gaming community.
“This partnership exemplifies our dedication to continuous innovation and underscores our confidence in web3 technology. Together with PLAY, we share a unified ambition: to pioneer tomorrow’s use cases and revolutionize the gaming industry.” — Hervé Montoute, CEO, TapNation.
PLAY’s partnership with TapNation aligns with the company’s commitment to democratizing Web3 technology. Mobile gaming is not just a form of entertainment but a central part of digital culture. Their portfolio of games, known for their wide appeal and ease of access, resonate with millions of players from all demographics. This partnership marks a leap forward in scaling Web3 through accessible platforms.
“Our mission at PLAY is to make the excitement and innovation of Web3 gaming available to everyone, no matter where they are or what kind of device they use. Partnering with TapNation is a key part of this vision as they truly are leaders in their space. Mobile games have an incredible reach, especially in regions where access to traditional gaming hardware can be limited. By tapping into this, we’re bringing blockchain-powered games to millions of new players, many of whom will experience Web3 for the first time through their phones.” — Christina Macedo, CEO & Founder, PLAY.
The first game to showcase Web3 integration as part of this partnership will be Rock Crawling: Racing Games 3D, a highly rated mobile game that has surpassed 15 million downloads on major app stores. Utilizing PLAY’s multi-platform distribution tools, including capabilities for Telegram integration, TapNation will roll out exciting new features such as PvP modes, on-chain tournaments, and an in-game marketplace where players can actively trade and customize vehicles.
This partnership between PLAY and TapNation demonstrates how mobile games can successfully integrate into the Web3 space, creating a model for other studios looking to adopt blockchain technologies in their development pipeline.
The post PLAY Partners with TapNation to Bring Mobile gaming into the Web3 Space appeared first on HIPTHER Alerts.
Dynex, a leading provider of quantum computing solutions, today announced its 10-year roadmap, outlining the company’s transition from emulated quantum computing to silicon quantum chips. The strategy positions Dynex at the forefront of the quantum industry, aiming to capture a 25% quantum computing market share by 2034. In parallel, Dynex has also kicked off a $50 million venture capital round to fuel its growth, targeting strategic top-tier industry players and leading venture capitalists.
On Monday, October 14th, in context to the Future Blockchain Summit, Dubai Dynex’s leadership presented their vision for scaling quantum technologies at Web3 Fest in Dubai. From its proprietary DynexSolve algorithm – which has delivered efficient, decentralized quantum computations using GPUs – Dynex is now also making a pioneering leap into Silicon Quantum Chips, which will redefine the dynamics of quantum computing performance and reshape the competitive surroundings across all industries where Dynex will take on a leading role.
“The future of computing is quantum-centric,” said Daniela Herrmann, co-founder of Dynex. “Our 10-year roadmap is not just about advancing our emulation technology but also about transitioning to a quantum chip ecosystem that will transform how industries tackle complex problems at scale. This roadmap, coupled with our $50 million capital infusion, positions Dynex to lead the global quantum computing market.”
Key Roadmap Milestones
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Quantum Nodes: One of the first steps in Dynex’s evolution is the introduction of Quantum Nodes, a distributed computing infrastructure that allows users to deploy high-performance quantum emulation software. This decentralized network is critical in scaling Dynex’s quantum computing power across industries like finance, healthcare, and aerospace.
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Silicon Quantum Chip Rollout: Dynex is soon to launch its first Apollo Silicon Quantum Chip by 2025, featuring 1,000 qubits and 1,000 quantum gates. Over the next decade, the platform will also release advanced product versions, including Athene, Hera, Hades, Poseidon, and Zeus, scaling up to 1 million qubits by 2034. These advancements aim to enable real-time quantum computations, opening new possibilities in industries requiring high-speed problem solving, from drug discovery to cryptography.
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Ethical Integrity at Scale: A cornerstone of Dynex’s roadmap has been and is its unwavering commitment to upholding ethics in quantum computing. Every quantum computation is screened by propriety ethic-tech and is strengthened by the declarations of principles and purpose to immutably be recorded on the blockchain, ensuring full transparency and compliance.
“Ethical integrity is at the heart of everything we do,” Herrmann emphasized. “Our blockchain-backed Quantum-as-a-Serivce ensures that all computations are secure and transparent, maintaining the highest ethical standards across our decentralized infrastructure.”
Strategic $50 Million Venture Capital Round
To support its ambitious growth plan, Dynex is launching a $50 million venture capital round, with the goal of attracting strategic high-profile investors from both the technology and finance sectors. This round focuses on equity investments, allowing top-tier venture firms and industry partners to invest directly in Dynex’s vision.
“This is a key moment for us,” said Carsten Snedker, Global Head of Business Development at Dynex. “The $50 million equity round will not only fund our technical expansion but will also help us establish strategic partnerships with key industry players, further positioning Dynex as a market leader in quantum computing.”
A Quantum Economy Powered by DNX
At the core of Dynex’s ecosystem is DNX, the quantum currency that powers all computational transactions, ensuring a seamless and efficient quantum economy. The utility token, DNX, drives every computation and fuels the platform’s growth.
As part of its new economic model, Dynex is introducing gas fees for quantum computations, further enhancing the utility and demand for DNX. By aligning gas fees with actual network usage, Dynex aims to create a sustainable economic model while scaling its quantum infrastructure.
Looking Ahead
With a bold 10-year roadmap that scales its quantum capabilities from GPU emulation to full-scale silicon quantum chips, Dynex’s decade begins today. Through its dedication to tech innovation and its commitment to ethical integrity, Dynex is set to renew how quantum technology is deployed across industries worldwide.
The post Dynex Unveils 10-Year Quantum Computing Roadmap appeared first on HIPTHER Alerts.
Blockchain
ChainSwap Announces Plans to Integrate Solana for Faster Multi-Chain Transactions During Future Blockchain Summit
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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