Altcoin News by Thebittimes.Com

Huobi, backed by Tron founder Justin Sun, plans to convert its native token to the HTX token. According to an official announcement, HTX stated that conversion from HT to HTX will commence on Jan. 22, 2024, while deposits for the new token are available from Jan. 20. Also, peer-to-peer (P2P) trading services for HTX will launch on Feb. 2, 2024, at 5:00 (UTC), while the token will be listed for spot trading on the same date and time, with withdrawals commencing the next day, Feb. 3, 2024. You might also like: Justin Sun backed crypto exchange unveils new DAO with HTX token used for governing The crypto exchange further announced that HTX users will enjoy a 5% discount and a 25% reduction on futures and spot trading fees respectively. This incentive could serve as a way to attract more holders and boost trading volume for the platform. Other benefits associated with the current HT token are expected to move to HTX.  Meanwhile, users have until Jan. 20, 2025 to co...

Blockchain intelligence platform TRM Labs revealed that Tether (USDT) on the Tron network was being used for most of the transactions. Blockchain intelligence platform TRM Labs recently released a report that presents several case studies highlighting the use of crypto currency by ISIS affiliates across Asia. It linked on-chain connections between these groups and pro-ISIS fundraising campaigns in Syria. Published on July 21, the report indicated that there was “ mounting on-chain evidence” from the past twelve months that pro-ISIS networks in Tajikistan, Indonesia and Afghanistan have utilized crypto currency to help facilitate operations. According to TRM, the majority of transactions linked with the cases involved the use of Tether (USDT) on the Tron network (TRX). Extract from 'TRM Finds Mounting Evidence of Crypto Use by ISIS and its Supporters in Asia' report. Source: TRM Labs On July 21, Cointelegraph covered a presentation by Tara Annison, Elliptic’s former head of t...