Blockchain
MoonXBT App Surpasses 100K Google Play Downloads With Other Numbers Reaching New High
MoonXBT, the innovative crypto social trading platform, has reached a statistical milestone with its Android application in Google Play Store surpassing 100k downloads early in August. Before this, MoonXBT also passed the code audit of its website by leading blockchain security company Certik.
In the meantime, other numbers of MoonXBT are reaching new highs as well. The daily active users of MoonXBT has exceeded 6 thousand among which more than 2 thousand are daily active traders. The total daily trading volume of all users on average of MoonXBT has reached over 200 million USDT. The users of MoonXBT covers a wide range of countries and regions across the world with main end users coming from Southeastern Asia – mainly Vietnam, Indonesia, and Malaysia, Turkey, Latin America, and Russia.
According to the platform, reaching these numbers is no easy job in a market like this considering many crypto exchanges have undergone trading volume shrinks and even lay-offs.
MoonXBT attributes its growth in application downloads, users and trading volume to multidimensional factors among which four major ones are: the long tail effect of the MoonXBT copy trading function, the continuous innovation of the platform’s trading products, the timely user favourable policy for spot market and the strong support from community partners in core markets.
As a social trading platform, one of MoonXBT’s flagship functions is copy trading which allows normal traders to follow the professional traders’ trading strategy and have their orders placed and executed automatically in sync with the traders they follow. This saves time and increases the win rate for normal and moreover rookie traders especially in the volatile market. For professional traders, they enjoy a 10% share of the profits made from their followers’ orders. As more and more traders with insufficient trading experience follow the steps of traders of their liking, they come to MoonXBT and download its application so that they can copy trade the traders on the platform.
On top of the above, MoonXBT has demonstrated large innovation capacity with trading products as a young exchange. In just a little over a year’s time span, MoonXBT has grown from a solely contract trading platform to one with all sorts of trading products including liquid contract, warrant options, spot market and OTC. Most recently, it launched the perpetual swap, a kind of derivative product which never expires. The continuous product innovation is also attracting new users with different risk preferences and trading needs and therefore has contributed to the numbers.
In addition, to cater to the demands of users and lesson the burgers of the traders, MoonXBT is also one of the first few exchanges to implement zero fee policy for multiple trading pairs and later stable trading pairs. The timely policy also helped the platform to win over the users and boosted the MoonXBT application downloads.
Besides all the listed, one of the core reasons for MoonXBT’s milestone achievement is the strong support from the communities especially the working partners from core markets. The major market of MoonXBT now is Southeast Asia in which MoonXBT already has local teams in three countries including Vietnam, Indonesia and Malaysia. MoonXBT is even one of the top three crypto exchanges in Vietnam. The platform has partnerships with various communities and influencers in the region and is actively exploring more co-operations. The platform is also expanding partnerships in other parts of the world actively.
The Google Play downloads breakthrough along with other growing numbers shows how effective the local communities are in facilitating the platform’s growth which in turn bring benefits to the supporting communities. It is also a good testament of MoonXBT’s multidimensional development.
For more details, please visit www.moonxbt.com
Blockchain
Blocks & Headlines: Today in Blockchain (BRICS, Hungri Games, Nano Labs, MetaHorse Unity)
Building Customer Trust in AI with Blockchain
Blockchain is emerging as a critical tool in addressing the trust deficit in artificial intelligence. By leveraging decentralized ledgers, companies can provide transparent data provenance, ensuring that AI algorithms operate ethically and without bias. This integration allows customers to verify the origins of data used in AI models, fostering greater confidence.
Businesses deploying blockchain for AI governance must prioritize simplicity and accessibility in their implementations. While the technology’s potential is immense, it is essential to communicate its benefits in a manner that resonates with non-technical stakeholders.
Source: Harvard Business Review
Blockchain at a Crossroads: Balancing Promise and Peril
As blockchain technology matures, it finds itself at a crossroads. On one side, the promise of decentralization continues to captivate industries, offering solutions for supply chain management, finance, and digital identity. On the other, challenges such as regulatory scrutiny, scalability issues, and energy consumption threaten to impede its growth.
The path forward will require a concerted effort from developers, regulators, and industry leaders. Collaborative frameworks that address these challenges while preserving blockchain’s core principles of decentralization and transparency are key to ensuring its sustained relevance.
Source: Cointelegraph
BRICS vs. USD: Blockchain’s Role in Economic Shifts
The BRICS nations (Brazil, Russia, India, China, and South Africa) are exploring blockchain-based solutions to reduce their reliance on the US dollar in international trade. By adopting decentralized technologies, these nations aim to foster economic independence and promote stability in the face of geopolitical tensions.
This initiative exemplifies blockchain’s potential to redefine global financial systems. However, its success hinges on addressing interoperability issues and fostering international collaboration. The evolution of blockchain-based trade networks could mark the beginning of a new era in economic diplomacy.
Source: CoinGeek
Hungri Games Expands MetaHorse Unity to Base Blockchain
Hungri Games has announced the expansion of its MetaHorse Unity project to the Base blockchain, aiming to enhance the gaming experience with improved scalability and lower transaction costs. This move aligns with the growing trend of integrating blockchain into gaming to create transparent and secure ecosystems.
By adopting Base, a layer-2 blockchain, MetaHorse Unity seeks to offer players a seamless and cost-effective gaming experience. The partnership highlights the potential of blockchain to transform the gaming industry, enabling innovative monetization models and fostering player engagement.
Source: CoinTrust
Nano Labs Purchases Trump Tokens to Celebrate Presidency
Nano Labs commemorated former President Donald Trump’s legacy with the acquisition of 47 Trump Tokens. This symbolic gesture underscores the intersection of blockchain technology and cultural milestones, showcasing how tokens can represent historical and social narratives.
The purchase also highlights the increasing role of blockchain in creating unique, tradable assets that capture moments in time. As tokenization continues to gain traction, it is redefining how value and significance are assigned in the digital age.
Source: PRNewswire
Final Thoughts: Blockchain’s Expanding Horizons
This week’s developments highlight the diverse applications of blockchain technology, from fostering trust in AI to reshaping global economic systems. As the industry navigates challenges and opportunities, collaboration and innovation will be crucial in unlocking blockchain’s full potential.
While hurdles such as scalability and regulation persist, the technology’s ability to drive transparency, security, and inclusivity remains unparalleled. The coming years will undoubtedly see blockchain continue to evolve, solidifying its role as a transformative force across sectors.
The post Blocks & Headlines: Today in Blockchain (BRICS, Hungri Games, Nano Labs, MetaHorse Unity) appeared first on News, Events, Advertising Options.
Blockchain
CoreNest Capital Announces Strategic Investments in SpaceX, CTGT, Open Clinic, Asha Health, CollectWise, Curo, Hybrd, and Study Dojo
OpenAI, xAI, SpaceX, Weave Robotics, Blaze Payments, Domu AI, Phonely AI, Andromeda Surgical, Texture Capital, Artisan AI, Piramidal,Avatar Medical, OpenCall, Fleak AI, Algorized, itsElectric, Dili, CTGT, Open Clinic, Asha Health, CollectWise, Curo, Hybrd, Study Dojo, Sologenic, Coreum, Pulsara
Blockchain
The World Market for RegTech 2025-2030: Growth Trends, Industry Chain Analysis, Regional Insights, SWOT Analysis and Market Shares of Leading Players – Thomson Reuters, Deloitte, PwC, Accenture, IBM & More
-
Blockchain5 days ago
Pelican AI and Christie Capital Announce Launch of Brokered Financing
-
Blockchain Press Releases4 days agoBybit: A Global Favorite Among Full-Time and Professional Traders and the World’s Second-most popular Crypto Exchange
-
Blockchain Press Releases7 days ago
HTX Achieves 100% YoY Trading Volume Growth to $2.4 Trillion in 2024, Powers User Growth to Over 49 Million
-
Blockchain6 days agoBlocks & Headlines: Today in Blockchain (BubbleMaps, Pantera Capital, Week 2025, FP Complete, FP Block, Bybit, FarmX)
-
Blockchain4 days ago
Sportsbet.io Becomes New Title Partner of Snooker’s Players Championship, Tour Championship and Champion of Champions
-
Blockchain Press Releases4 days agoThe Moskowitz Law Firm, PLLC Announces Preliminary Approval of a Proposed Class Action Settlement on Behalf of Purchasers of Astrals Non-Fungible Tokens and Galaxy Tokens
-
Blockchain6 days ago
io.finnet and Cede Labs Partner to Transform Multi-Exchange Portfolio Management for Institutions
-
Blockchain Press Releases6 days agoBybit & SignalPlus Unveil the 100,000 USDC Global Trading Showdown
