News Hub | News Direct

Technology

Artificial Intelligence Big Data Cloud Computing Cyber Security Data Management Electronics Enterprise & Network Technology Financial Technology Hardware Mobile & Wireless Nanotechnology Semiconductor Software Telecommunications
Article thumbnail News Release

Cardano's Ecosystem Growth: How Elluminex is Bridging the Gap with XRP

Elluminex

Cardano's Ecosystem Growth: How Elluminex is Bridging the Gap with XRP The crypto market thrives on innovation, and projects like Cardano (ADA) and Ripple (XRP) are pushing boundaries. While Cardano’s governance upgrades drive its recovery and XRP rides ETF optimism, Elluminex (ELX) emerges as a transformative DeFi player on the TON blockchain. This article explores how developments pertaining to all three coins Cardano, XRP, and Elluminex—shape crypto’s future. Cardano’s Governance Upgrades Fuel Ecosystem Optimism Although Cardano dropped 15.7% this week, dropping from $0.78 to $0.645, as its community ratified a new constitution aimed at decentralizing decision-making. Analysts note Cardano’s resilience amid market volatility, with staked assets hitting $18.4 billion in Q4 2024. However, concerns linger—staked Cardano in dollar terms rose 117% last quarter, but ADA-denominated metrics dipped 4%, hinting at price-driven gains. Cardano’s DeFi activity surged, with TVL up 94% to $448.9 million, yet analysts warn that liquidity challenges could cap growth. For Cardano to reach its $3 target, broader adoption and developer traction remain critical. XRP’s ETF Momentum Sparks Bullish Sentiment XRP currently sits at $2.18 even after the SEC acknowledged Grayscale’s spot ETF application, igniting hopes for a mid-2025 approval. Technical indicators show XRP’s bullish signals: the RSI nears overbought territory, and open interest trends suggest rising buyer momentum. However, XRP faces resistance at $2.80–$3.00, with SEC lawsuit uncertainties lingering. Cardano’s governance strides contrast XRP’s regulatory hurdles, yet both highlight crypto’s dual nature—innovation tempered by external risks. Elluminex: TON’s Answer to Cardano and XRP via DeFi Fragmentation While Cardano and XRP navigate their paths, Elluminex positions itself as TON’s DeFi cornerstone. With 5.4 million ELX tokens sold at $0.06 in its presale, Elluminex offers a unified hub: a DEX, cross-chain bridge, AI portfolio tracker, and pre-market access for TON tokens. Its tokenomics stand out—50% of fees burn ELX tokens, creating scarcity, while 50% of the 350 million supply fuels presale demand. Audited by Solidproof, Elluminex's roadmap spans nine strategic phases. Unlike Cardano or XRP, it starts with TON blockchain research and partnerships, progressing through presale, platform development, and DEX launch. Later phases include bridge integration, academy launch, portfolio tracking, and mobile app development. The final stages focus on ecosystem expansion and global reach with AI analytics Cardano vs. XRP vs. Elluminex: Battle of the DeFi Throne In crypto’s relentless race, adaptability remains key. Cardano’s governance upgrades and XRP’s ETF potential reflect crypto’s evolving maturity. Elluminex, meanwhile, bridges TON’s DeFi gaps with scalable solutions, targeting a network of 950 million users. While ADA and XRP face liquidity and regulatory tests, ELX’s deflationary model and multi-chain tools could redefine accessibility. For investors, Elluminex represents more than a token—it’s a gateway to TON’s untapped potential, much like early Ethereum adopters witnessed with Uniswap. Join the community and make Elluminex part of your portfolio today! Website: elluminex.com/ X (Twitter): https://x.com/elluminex Telegram: https://t.me/Elluminex YouTube: https://www.youtube.com/@Elluminex Elluminex is unique in that it is bringing DeFi to the TON Network/Blockchain which at the moment is very limited in this sense with very few options available to its users. Despite this the TON Network is still the fastest growing blockchain in the world and many view it as a future powerhouse to rival Bitcoin, Ethereum and Solana. By bringing DeFi to the TON Network, it would immediately transform the chain and take its capabilities and vast reach to the next level. (ELX is a transformative crypto for the TON chain) Simply having lots of token holders and liquidity means nothing if project owners, developers are not able to tap into and utilise it, and crypto users are not able to trade it freely and seamlessly. Cryptocurrency may be unregulated in your jurisdiction. The value of cryptocurrencies fluctuates and it is important that you thoroughly understand the risks associated with acquiring cryptocurrencies, as outlined in the Disclaimer. You confirm that you are not a citizen or resident of the United States, United Kingdom, or any prohibited jurisdiction, or any other location where the purchase of Elluminex and $ELX token may be legally restricted. Please note that our list of restricted countries and terms of service may undergo updates, and it is your responsibility to stay informed about the latest version. Contact Details Elluminex Andy press@elluminex.com Company Website https://elluminex.com/

March 01, 2025 09:00 AM Eastern Standard Time

Image
Article thumbnail News Release

Solana's BONK Declines Amid Market Volatility; Cutoshi Challenges Shiba Inu's Dominance

Cutoshi

Solana’s Bonk decline gets even steeper as it dips by 5.67% in the past day. Bonk has gone down by almost 50% in the past month. This obviously is a big concern for meme coin holders. This is why people who had their money on other meme coin players like Shiba Inu, are planning to move towards Cutoshi, a project with huge potential due to its MemeFi Ecosystem. So, let us learn more about Bonk’s recent condition and also look at Cutoshi as an investment option. BONK’s Recent Price Movement BONK’s decline highlights the hyper fragility of hype-based meme tokens. Despite its initial success as Solana’s first meme coin, BONK has struggled to maintain its place in the market. Bonk’s price has been experiencing a descending chart since December 2024, with technical indicators like the Relative Strength Index (RSI) signaling bearish sentiment. Trading volumes have also dropped massively, and whale activity has slowed, reflecting reduced retail interest. While BONK’s community remains somewhat active, its lack of utility and reliance on speculative trading has left it too vulnerable to market pressures. Unlike projects with clear use cases like Cutoshi, BONK’s value mainly depends on market sentiment and Solana’s ecosystem performance. Cutoshi Challenges Shiba Inu As BONK falters, Cutoshi is stepping into the spotlight. Inspired by Satoshi Nakamoto ’s principles and the Chinese Lucky Cat, Cutoshi is changing the game with its utility-driven MemeFi ecosystem. Its presale success reflects growing trader interest in projects that combine meme culture with real-world benefits. Cutoshi’s flagship product, DEX and Swapping Platform, allows for smooth swaps across Ethereum, Solana, and other networks, which is a big issue in decentralized trading. With a flat fee of 0.25% per trade, the DEX is cost-effective and also rewards liquidity providers. The project’s educational DeFi platform, the Cutoshi Academy, makes complex concepts on important financial topics like DeFi, Web3 and blockchain easy to understand. They do it through free and paid learning modules on blockchain fundamentals. Challenging Shiba Inu’s Dominance Shiba Inu, once the undisputed leader of meme coins, is also facing challenges. Despite its ecosystem expansions, including Shibarium, a Layer-2 scaling solution, SHIB’s price remains volatile, trading near $0.00001496. Its massive circulating supply of 589 trillion tokens, of course, has a lot to do with it as it dilutes long-term value. Cutoshi’s deflationary model, on the other hand, with 440 million tokens with a 7% burn, creates scarcity, bringing value appreciation in the long run. Conclusion While BONK and SHIB rely on hype and community-based growth, traders are increasingly prioritizing projects with real-world applications. Cutoshi’s roadmap, which features merch collaborations, CEX listings, and partnerships with major Web3 players, shows that the altcoin can do wonders if execution is done correctly. Moreover, as the Cutoshi presale is currently live, it is the correct time to be an early holder in this opportunity before it gets on the exchanges. Cutoshi Stage 5 Presale Live, Learn More Below: Price: $0.045 per $CUTO Supply: 440,000,000 tokens (ERC-20) Website: https://cutoshi.com Whitepaper: https://cutoshi.com/whitepaper Telegram: https://t.me/cutoshicommunity X (Twitter): https://x.com/CutoshiToken Cutoshi is a revolutionary meme coin inspired by the Chinese Lucky Cat and Satoshi Nakamoto’s teachings. It’s based on decentralization, privacy, and monetary freedom, embodying the blockchain's original purpose and ethos. Cutoshi has a vision - to introduce more people to cryptocurrencies and bring financial freedom to all who want it. Contact Details Cutoshi Camila Perez support@cutoshi.com Company Website https://cutoshi.com/

March 01, 2025 09:00 AM Eastern Standard Time

Image
Article thumbnail News Release

Pepe Coin's Recent Surge: What XRP Investors Should Know About Emerging MemeFi Projects Like Cutoshi

Cutoshi

The cryptocurrency market is witnessing a strange period. While Pepe Coin (PEPE) experienced an uppish price movement on Feb 23, XRP holders are eyeing some new utility-focused projects like Cutoshi ($CUTO). As PEPE’s volatility highlights the risks of tokens entirely dependent on hype, Cutoshi offers a blueprint for meme coins that prioritize sustainability through its MemeFi Ecosystem. PEPE’s recent Surge PEPE’s recent spike on Feb 23 did attract some eyeballs, but experts are not too impressed. The last month, overall, has been pretty bad for PEPE, as it has dropped by almost 40%. Unlike PEPE or most other meme coins, Cutoshi has many functionalities to offer. It has a DEX and Swapping Platform, an Educational DeFi Platform, the Cutoshi wallet, and much more. These utilities will make sure that there remains a long-term demand for the altcoin. Analysts note that PEPE’s trading volumes, while impressive at about 500 million daily, are disproportionately triggered by short-term traders rather than long-term holders. PEPE's model feels like a high-stakes gamble for XRP traders accustomed to projects with institutional partnerships and real-world use cases. That is why they should go for altcoins like Cutoshi that are created to provide certain value to the users and not just play on hype. Cutoshi’s USPs Cutoshi distinguishes itself through three pillars rarely seen in meme projects: 1. Value Creation 2. Tokenomics While PEPE relies on arbitrary burns, Cutoshi’s deflationary model is dynamic. A fixed supply of 440 million tokens is paired with a token burn mechanism. This creates scarcity in the long run, which is great for XRP holders seeking stability. 3. Strategic Partnerships Cutoshi’s roadmap includes partnerships with Web3 companies and other DeFi players in the future. This bridges meme culture with tangible utility - a gap PEPE ignores. Why Are XRP Investors Interested in Cutoshi? XRP’s community, once laser-focused on banking partnerships, is increasingly drawn to projects offering both returns and innovation. Cutoshi’s presale, which has raised above $1.97 Million, seems like the perfect option for them. Its cross-chain DEX, Learning Academy, and its vision to bring DeFi to the masses have struck chords with many. Moreover, to reward the community, there will be Lucky Cat NFTs given to those who stay active and win Cutoshi in contests. For XRP holders tired of legal battles and slow progress, this blend of engagement and utility is a breath of fresh air. Conclusion PEPE’s surge is a reminder of crypto’s speculative traits, but Cutoshi represents a maturation of the meme coin narrative. For XRP holders, it’s not just about chasing the next price rally. It’s instead about backing projects that balance cultural relevance with technical prowess. As the SEC’s shadow looms over XRP, diversification into agile, community-driven ecosystems like Cutoshi’s could hedge against regulatory stagnation. Moreover, now is a great time to invest in Cutoshi at its low presale prices. Cutoshi Stage 5 Presale Live, Learn More Below: Price: $0.045 per $CUTO Supply: 440,000,000 tokens (ERC-20) Website: https://cutoshi.com Whitepaper: https://cutoshi.com/whitepaper Telegram: https://t.me/cutoshicommunity X (Twitter): https://x.com/CutoshiToken Cutoshi is a revolutionary meme coin inspired by the Chinese Lucky Cat and Satoshi Nakamoto’s teachings. It’s based on decentralization, privacy, and monetary freedom, embodying the blockchain's original purpose and ethos. Cutoshi has a vision - to introduce more people to cryptocurrencies and bring financial freedom to all who want it. Contact Details Cutoshi Camila Perez support@cutoshi.com Company Website https://cutoshi.com/

March 01, 2025 04:00 AM Eastern Standard Time

Image
Article thumbnail News Release

Toncoin and Solana Investors Eye New Opportunities as Elluminex Emerges

Elluminex

As Toncoin battles a 33.3% price drop in February 2025 and Solana faces a 16.5% weekly decline, investors seek fresh prospects. Enter Elluminex, a DeFi hub launching on TON, Telegram’s blockchain. With Toncoin at $3.29 and Solana at $143, analysts highlight Elluminex’s presale as a potential pivot point. Toncoin’s Rocky Road and TON’s DeFi Void Toncoin’s recent slump contrasts sharply with TON’s growth—950 million users and 1 billion transactions. Yet, Toncoin’s DeFi ecosystem remains underdeveloped, mirroring Ethereum pre-Uniswap. Elluminex aims to fill this gap by introducing tools like cross-chain swaps and staking, which are key for retaining TON’s user base. The peak price for Toncoin (TON) hit $8.25 on June 15, 2024. Right now, it's sitting at $3.29, which is over 54% lower than its all-time high. It dropped just 9% over the past week. While Toncoin’s price fluctuates between $3.29 and $3.66, Elluminex’s presale has raised $328,640 at $0.06 per $ELX, offering early access to TON’s DeFi future. For Toncoin holders, diversification into $ELX could hedge against volatility while tapping into TON’s huge potential. Solana’s Strengths and Search for Stability Solana’s 80,000 TPS capability and BungeeExchange’s integration showcase its technical edge, yet Solana’s 10% dip reveals fragility. Trading at $143.80, Solana remains a top-six crypto, but its reliance on volatile meme coins like Bonk and Dogwifhat raises risks. Elluminex’s blueprint—modeled after Solana’s Raydium —offers a parallel: a unified DeFi platform with AI analytics and pre-market token access. In the last 24 hours, Solana (SOL) saw trading volumes hit $1.85 billion, down 41.5% from a day earlier, showing a drop in market activity. The highest price for SOL was $293.31 on January 19, 2025, but right now, it’s sitting 42.63% lower than its ATH. As Solana investors eye safer yields, Elluminex’s audit-backed tokenomics (50% fee burns, 350M supply) present a structured alternative. The shift reflects a broader trend: liquidity migrating to platforms blending utility with scarcity. Elluminex: Building Superior Value vs Toncoin and Solana Elluminex distinguishes itself with phased growth and deflationary mechanics incentivizing early participation. The platform’s cross-chain bridge and TON project's pre-market feature, addresses fragmentation—a pain point for Solana and Toncoin users. By burning 50% of fees, $ELX reduces supply pressure, a tactic echoing Binance’s BNB success. For Solana loyalists, Elluminex offers exposure to TON’s low-fee environment; for Toncoin holders, it unlocks DeFi’s full potential. Solidproof’s audit adds credibility and is mandatory in a market wary of unchecked innovation. Additionally, in contrast to Toncoin or Solana, the core Elluminex team includes a developer from Google, an ex-member of Fantom, and many others from top blockchain projects, all contributing valuable experience in blockchain systems, DeFi ledgers, and cross-chain connections. Toncoin or Solana: Or Elluminex—the DeFi Aggregator? Projects bridging ecosystems often outperform single-chain tokens. For investors, Elluminex isn’t just a new token; it’s a gateway to the next evolution of decentralized finance. As Toncoin and Solana navigate time-tested market volatility, Elluminex emerges as a strategic hedge. Its TON-centric DeFi suite—combining liquidity pools, governance, and AI tools—could replicate Uniswap’s impact on Ethereum. With Solana’s ecosystem bursting at the seams and Toncoin craving utility, $ELX’s staged presale and tokenomics offer a calculated entry. Join the community and make Elluminex part of your portfolio today! Website: elluminex.com/ X (Twitter): https://x.com/elluminex Telegram: https://t.me/Elluminex YouTube: https://www.youtube.com/@Elluminex Elluminex is unique in that it is bringing DeFi to the TON Network/Blockchain which at the moment is very limited in this sense with very few options available to its users. Despite this the TON Network is still the fastest growing blockchain in the world and many view it as a future powerhouse to rival Bitcoin, Ethereum and Solana. By bringing DeFi to the TON Network, it would immediately transform the chain and take its capabilities and vast reach to the next level. (ELX is a transformative crypto for the TON chain) Simply having lots of token holders and liquidity means nothing if project owners, developers are not able to tap into and utilise it, and crypto users are not able to trade it freely and seamlessly. Cryptocurrency may be unregulated in your jurisdiction. The value of cryptocurrencies fluctuates and it is important that you thoroughly understand the risks associated with acquiring cryptocurrencies, as outlined in the Disclaimer. You confirm that you are not a citizen or resident of the United States, United Kingdom, or any prohibited jurisdiction, or any other location where the purchase of Elluminex and $ELX token may be legally restricted. Please note that our list of restricted countries and terms of service may undergo updates, and it is your responsibility to stay informed about the latest version.By proceeding to continue to use Elluminex.com, you acknowledge and agree to our Terms of Use and Privacy Policy. Contact Details Elluminex Andy press@elluminex.com Company Website https://elluminex.com/

March 01, 2025 03:00 AM Eastern Standard Time

Image
Article thumbnail News Release

LuxConnect Expands Global Reach with New Partnerships and Infrastructure Growth

LuxConnect

LuxConnect, a leader in sustainable data center operation and fiber network solutions, is accelerating international expansion through strategic initiatives to strengthen digital sovereignty, enhance connectivity, and position the company as a key resource in the global data infrastructure market. For nearly 20 years, LuxConnect has built a reputation as a trusted partner for organizations requiring secure, scalable, and sustainable digital infrastructure. Its latest milestones, including a long-term fiber agreement with LuxNetwork and a sovereign cloud partnership with the Luxembourg government through its subsidiary Clarence, reinforce the company’s commitment to expanding access to high-security, high-performance digital solutions that support the evolving needs of the digital world. "Each infrastructure investment and partnership we make is guided by the goal of creating long-term benefits for our customers and supporting the country's economic growth," said Paul Konsbruck, CEO of LuxConnect. "By expanding data center capabilities and improving national connectivity, we’re that ensuring enterprises have access to infrastructure that is secure, sustainable, and built for the future." As part of its ongoing investment in connectivity, LuxConnect’s 10-year Indefeasible Right of Use agreement with LuxNetwork adds nearly 250 miles to Luxembourg’s fiber network. This expansion strengthens cross-border connectivity with major European hubs including Brussels, Frankfurt, Paris, and Amsterdam. Situated at the heart of Europe’s largest economies, Luxembourg is an increasingly vital Information and Communication Technology hub, offering businesses a fast, reliable, and highly secure gateway to the European market. LuxConnect has also deployed, in joint venture with Proximus, a sovereign disconnected cloud platform that is designed to keep sensitive public and institutional data secure while simultaneously offering businesses a reliable model for regulatory compliance. The joint venture is hosted in LuxConnect’s Tier IV-certified data centers and will ensure full confidentiality, complete control, and unwavering sovereignty for government operations while setting a new benchmark for industries that require the highest levels of security and compliance, including finance, healthcare, and gaming. "Businesses are facing rising security threats, evolving regulations, and growing demands for AI and cloud computing,” said Konsbruck. "These investments and strategic partnerships reflect our commitment to being infrastructure partners that deliver stability and long-term value that meets the demands of today and the needs of tomorrow.” With these advancements, LuxConnect continues to position itself as a premier infrastructure partner for global enterprises, cloud providers, and organizations navigating the complexities of data sovereignty and regulatory requirements. For more information, visit https://www.luxconnect.lu/. LuxConnect is a leading data center operator and fiber network provider based in Luxembourg. Established in 2006 by the Government of Luxembourg, the company offers state-of-the-art infrastructure designed to support a range of industries around the world. With four data centers strategically located in the heart of Europe, LuxConnect offers secure, reliable, and scalable solutions, enabling businesses to store and manage data closer to European markets while meeting stringent regulatory requirements. For more information, visit https://www.luxconnect.lu/. Contact Details LuxConnect LuxConnect LuxConnect@hotpaperlantern.com Company Website https://www.luxconnect.lu/

February 27, 2025 09:00 AM Eastern Standard Time

Article thumbnail News Release

HNO International Converting Wasted Flared Gas Into Energy for Bitcoin Mining, Data Center Infrastructure, and Hydrogen Production Through Newly Launched EcoFlare Power Division

HNO International

HNO International, Inc. (OTC: HNOI), a leader in hydrogen-based clean energy solutions, announces the launch of EcoFlare Power, a dedicated division focused on harnessing wasted natural gas from flaring to generate reliable power to produce hydrogen and electricity for high-performance data centers and Bitcoin mining. Each year, billions of cubic feet of natural gas are lost through flaring, contributing to environmental degradation and the waste of a valuable energy resource. EcoFlare Power directly addresses this challenge by capturing flared gas and repurposing it into sustainable power, while also lowering the CO2 emissions of the flared gas. Thus, transforming an environmental liability into a powerful asset for the digital economy. For a summary of the EcoFlare Power Division, please review the video at this link. "The launch of EcoFlare Power represents a pivotal step in HNO International’s mission to drive the clean energy transition," said Donald Owens, Chairman and CEO of HNO International. "By capturing wasted flared gas and converting it into electricity and hydrogen, we are not only addressing a critical environmental issue but also creating a scalable energy solution for the industries that will shape the future." Sustainable Energy for the Future EcoFlare Power is designed to support the growing energy demands of data center infrastructure, AI-driven workloads, and blockchain technology, offering: • Conversion of flared gas into scalable, clean energy solutions • Hydrogen production for backup power generation, industrial and transportation applications • Environmental impact reduction by lowering carbon emissions from wasted flaring • Decentralized power solutions, increasing energy independence and efficiency Positioned for Growth in a Trillion-Dollar Market With increasing global regulations against flaring and rising demand for hydrogen and decentralized power, EcoFlare Power is set to be a key player in the future energy economy. The initiative aligns with HNO International’s broader strategy of hydrogen innovation, reinforcing its commitment to delivering cutting-edge, renewable energy solutions on a global scale. For more information and media inquiries, please contact: HNO International, Inc. press@hnointl.com HNO International (OTC: HNOI) specializes in the design, integration, and development of green hydrogen-based energy technologies. With over 15 years of experience, HNOI is at the forefront of the renewable energy transition, pioneering solutions such as the Scalable Hydrogen Energy Platform (SHEP), the Compact Hydrogen Refueling System (CHRS) and the Mobile Hydrogen Refueling System (MHRS) to make hydrogen accessible for businesses and communities worldwide. This news release contains "forward-looking statements" which are not purely historical and may include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, the development, costs and results of new business opportunities and words such as "anticipate", "seek", intend", "believe", "estimate", "plan", or similar phrases may be deemed "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Actual results could differ from those projected in any forward-looking statements due to numerous factors. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-K, our quarterly reports on Form 10-Q and other periodic reports filed from time to time with the Securities and Exchange Commission. For more information, please visit www.sec.gov. Contact Details HNO International Donald Owens press@hnointl.com

February 26, 2025 08:00 AM Eastern Standard Time

Article thumbnail News Release

Justin Sun and WLFI Co-Founder Headline Consensus HK 2025 as TRON DAO Showcases T3 FCU

TRON DAO

Geneva, Switzerland, February 25 2025 – TRON DAO made a significant impact at Consensus Hong Kong 2025 as a 5-Block Sponsor, delivering a series of high-impact events and discussions that highlighted its leadership in the blockchain industry. Key highlights include a panel featuring Justin Sun, Founder of TRON, alongside the co-founder of World Liberty Financial (WLFI), in-depth conversations on the evolution of the T3 Financial Crime Unit (T3 FCU). These initiatives reinforce TRON DAO’s commitment to driving innovation, collaborating with industry leaders, and shaping the future of decentralized finance. Setting the Stage for Consensus Hong Kong 2025 TRON DAO kicked off the week as the co-host of the Official Opening Party, welcoming over 400 approved attendees to an exclusive gathering that marked the start of Consensus Hong Kong 2025. At the party, Sun opened Consensus Hong Kong with a welcome toast, recognizing the CoinDesk team for their impact and congratulating them on a successful launch of the event. Justin Sun Panel Discussions with WLFI and T3 FCU Sun took the main stage at Consensus for a panel discussion titled “Unlocking DeFi for the Masses: A Conversation with WLFI and TRON.” Held on February 19th, this 45-minute panel session featured Sun alongside Zak Folkman, Co-Founder of World Liberty Financial, moderated by Sam Reynolds, Senior Reporter at CoinDesk. The discussion explored the strategic alignment between TRON and WLFI, highlighting their joint efforts to accelerate the global adoption of decentralized finance. The panel also examined TRON’s exceptional performance in 2024, including its revenue growth, leadership in stablecoin transactions, and advancements in the T3 Financial Crime Unit initiatives. Sun also participated in a second panel with industry leaders including Leonardo Real, Chief Compliance Officer at Tether, Chris Janczewski, Head of Global Investigations at TRM Labs, Arnold Lee, CEO/co-founder of Sphere and Anthony Yim, Co-founder of Artemis to discuss the global adoption of T3 FCU while addressing the importance of decentralization, security, and scalability. This discussion spotlighted the collective efforts of TRON, Tether, and TRM Labs in combating cryptocurrency-related financial crimes, resulting in over $126 million in criminal assets frozen to date. It further emphasized their shared commitment to expanding global reach while staying true to their foundational principles. Justin Sun CoinDesk Live Interview Following February 20th Sun made an appearance on CoinDesk Live for a 8-minute in-person video interview, streamed on CoinDesk’s Live Page. Hosting this interview was Ben Schiller, Managing Editor at CoinDesk and Jenn Sanasie, Executive Producer & Senior Anchor at CoinDesk. Key discussion points included TRON’s exponential growth, now supporting over 290 million user accounts and 2.5 million daily active addresses, generating over $2 billion in protocol revenue in the past year. TRON’s fast, low-cost, and scalable blockchain continues to lead in stablecoin transactions and on-chain security initiatives. Consensus HK 2025 brought together industry leaders, innovators, and allowed for the TRON DAO contributors to connect with community members in person. TRON played a key role in shaping these conversations, from insightful discussions on the future of DeFi to unveiling new initiatives that drive real-world adoption. The event reinforced the growing impact of blockchain technology and the importance of collaboration in building a more open and accessible financial system. With innovation at the forefront, the path toward a decentralized future continues to accelerate. About TRON DAO TRON 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 blockchain has experienced significant growth since its MainNet launch in May 2018. Until recently, TRON hosted the largest circulating supply of USD Tether (USDT) stablecoin, exceeding $60 billion. As of February 2025, the TRON blockchain has recorded over 290 million in total user accounts, more than 9.7 billion in total transactions, and over $20.5 billion in total value locked (TVL), based on TRONSCAN. TRONNetwork | TRONDAO | X | YouTube | Telegram | Discord | Reddit | GitHub | Medium | Forum Media Contact Yeweon Park press@tron.network Contact Details Yeweon Park press@tron.network Company Website https://trondao.org/

February 25, 2025 09:57 AM Eastern Standard Time

Image
Article thumbnail News Release

Elluminex (ELX): New Decentralized Exchange Spearheading DeFi Revolution On Toncoin Nertwork

Elluminex

The decentralized finance space has changed over the years and appears ready to replace traditional finance institutions, which have faced significant regulatory scrutiny, security, and privacy issues. According to Forbes, the DeFi market could explode to over $450B by 2030, which is more than 300% growth from its current market size. Elluminex (ELX) is ideally positioned to grab a share of this growing market thanks to its revolutionary DeFi hub on the TON blockchain. This new project could transform the largely untapped Toncoin network, much like how Jupiter (JUP) revolutionized Solana to become one of the dominant players in DeFi. Since Jupiter's launch, Solana has become a goldmine of explosive meme coin opportunities. Now, market participants anticipate that TON could benefit from its Jupiter-like platform―Elluminex (ELX). Let’s find the possibilities! Elluminex (ELX) To Drive DeFi Adoption On Toncoin Network Despite being among the fastest-growing blockchains, Toncoin is underdeveloped, mainly in terms of the DeFi landscape. However, this might soon change, thanks to Elluminex (ELX). The DeFi platform seeks to leverage the over 950 million users in the network to bring DeFi to the blockchain, transforming it and taking its capabilities and vast reach to the next level. The altcoin seeks to combine fragmented liquidity and leverage TON’s scalability and speed to power cross-chain swaps across 40 networks. Therefore, traders on TON will access liquidity from major networks. This increased liquidity will ensure a more efficient trading experience, minimizing slippage, which is critical for traders since slippage usually eats into profits. This will, in turn, stabilize prices in the TON ecosystem. With this view, more developers could launch on the chain. Jupiter brought this to the Solana network when it launched. Additionally, the project’s non-custodial approach, which does not require rigorous KYC processes, enables users to retain complete control over their assets. What Features Are Triggering Elluminex Adoption? Elluminex seeks to provide a seamless and user-friendly platform that allows users to trade, stake, farm, bridge, and track their portfolios. By combining these features in a single unified platform, Elluminex could open up the DeFi space for beginners and experienced users. The decentralized exchange enables users to trade an array of crypto assets from their wallets to ensure security and control. To empower informed decision-making, Elluminex features an AI portfolio tracker that enables traders to monitor, analyze, and gain insights into their assets’ performance. It also has a comprehensive educational academy that helps users broaden their knowledge of Decentralized finance (DeFi). Additionally, the platform has a pre-market access feature, where users gain early access to new TON projects through an over-the-counter platform before they are officially launched on significant exchanges. This opens the door to opportunities for traders to enter high-potential projects at the nascent stage. Outside of that, users can earn rewards by staking the token and offering liquidity to the ecosystem. ELX Token Set For Exponential Rallies The ELX token will power significant processes within its ecosystem, including governance and staking rewards. At the ongoing presale, Elluminex is selling for only $0.06. Given its innovative features and a focus on accessibility, Elluminex could see exponential growth before the end of its presale, positioning it among the best crypto to watch in 2025. The presale just started a few weeks ago, and Elluminex has already raised over $300,000 in ICO funding. This attests to its growing demand and growth potential. Now could be the best time to join the Elluminex revolution, as it stands a chance of making massive returns. With its cross-chain capabilities and TON’s affiliation with Telegram's nearly 1 billion users, ELX's price will likely skyrocket in the months ahead. This makes it the best DeFi coin to buy now. Join the community and make Elluminex part of your portfolio today! Website: elluminex.com/ X (Twitter): https://x.com/elluminex Telegram: https://t.me/Elluminex YouTube: https://www.youtube.com/@Elluminex Elluminex is unique in that it is bringing DeFi to the TON Network/Blockchain which at the moment is very limited in this sense with very few options available to its users. Despite this the TON Network is still the fastest growing blockchain in the world and many view it as a future powerhouse to rival Bitcoin, Ethereum and Solana. By bringing DeFi to the TON Network, it would immediately transform the chain and take its capabilities and vast reach to the next level. (ELX is a transformative crypto for the TON chain) Simply having lots of token holders and liquidity means nothing if project owners, developers are not able to tap into and utilise it, and crypto users are not able to trade it freely and seamlessly. Cryptocurrency may be unregulated in your jurisdiction. The value of cryptocurrencies fluctuates and it is important that you thoroughly understand the risks associated with acquiring cryptocurrencies, as outlined in the Disclaimer. You confirm that you are not a citizen or resident of the United States, United Kingdom, or any prohibited jurisdiction, or any other location where the purchase of Elluminex and $ELX token may be legally restricted. Please note that our list of restricted countries and terms of service may undergo updates, and it is your responsibility to stay informed about the latest version. By proceeding to continue to use Elluminex.com, you acknowledge and agree to our Terms of Use and Privacy Policy. Contact Details Elluminex Andy press@elluminex.com Company Website https://elluminex.com/

February 24, 2025 07:31 AM Eastern Standard Time

Image
Article thumbnail News Release

World Mobile Recognized as ITB Innovator 2025 for Transforming Global Travel Connectivity

Rev Up Marketers

World Mobile has been named an ITB Innovator 2025 by ITB Berlin, the world’s leading travel trade show, in recognition of its groundbreaking advancements in travel technology. This prestigious honor highlights World Mobile’s role in redefining global travel connectivity through its unlimited travel eSIM, which offers seamless, high-speed internet access across more than 120 countries. With international travel on the rise, the demand for reliable, cost-effective connectivity has never been greater. Traditional roaming fees, SIM card swaps, and unreliable public Wi-Fi have long been pain points for travelers. World Mobile has addressed these challenges by establishing partnerships with over 250 mobile networks worldwide, ensuring a seamless and uninterrupted internet experience for users. Haim Boukai, Senior VP of Business Development at World Mobile, described the recognition as a validation of the company’s commitment to revolutionizing travel connectivity. He emphasized that in an increasingly digital world, staying connected should be effortless, affordable, and worry-free. Unlike traditional SIM cards and many existing eSIM solutions, World Mobile’s technology enables travelers to stay online without concern about data limits, hidden fees, or unreliable connections. By automatically connecting to the strongest available local network, it provides uninterrupted global access, setting a new standard for travel connectivity. The ITB Innovator 2025 award not only underscores World Mobile’s leadership in travel technology but also presents a valuable opportunity for airlines, travel agencies, and hospitality providers to integrate seamless eSIM solutions into their services. As the demand for digital solutions grows, travel businesses can enhance customer experience and offer a more connected journey. Looking ahead, World Mobile is actively investing in next-generation connectivity solutions, including AI-driven network optimization, enhanced 5G integration, and strategic partnerships with major travel platforms. With a commitment to continuous innovation, the company remains at the forefront of digital transformation in the travel industry. About World Mobile Founded in 2019, World Mobile is a leading provider of global travel connectivity solutions. By leveraging cutting-edge eSIM technology and strategic partnerships with over 250 mobile networks, the company ensures seamless, high-speed internet access across more than 120 countries. Its unlimited travel eSIM is designed to eliminate the complexities of traditional roaming, offering travelers an affordable and hassle-free way to stay connected. For more detail Visit: https://www.worldmobile.com/ Contact Details World Mobile Haim Boukai affiliate@worldmobile.com Company Website https://www.worldmobile.com/

February 24, 2025 05:55 AM Eastern Standard Time

1 ... 34567 ... 629