by | Sep 20, 2024 | Business
This article will discuss about USDT’s growth on TON, its role in the decentralized finance (DeFi) ecosystem, and how these developments may impact USDT’s future as a whole.
Tether USD (USDT), a stablecoin pegged to the US dollar, has become a major player in the Open Network (TON) network.
USDT Supply in TON Reaches $729 Million
According to on-chain data analysis from CryptoQuant, the total USDT supply on TON has surged to $729 million in just four months after its integration. This significant increase shows the growing presence of stablecoins in the TON blockchain as the TON to USDT on Bitrue today around 5.7716 USD per TON increase 5% in daily basis
If evaluated separately, USDT on TON would rank as the seventh largest stablecoin by market capitalization, highlighting its significant market position. The integration by the TON Foundation was critical in attracting stablecoin liquidity necessary for network expansion.
Simultaneously, the growing supply of USDT facilitates various financial transactions and supports wider adoption of TON.
Easier P2P Transfers for Everyday Transactions
Additionally, data shows that Tether USD on The Open Network blockchain has become highly effective for peer-to-peer (P2P) value transfer.
The average transfer amount, ranging between $15 and $100, represents frequent, small-scale transactions typical of everyday retail activity. This pattern suggests that users utilize stablecoins for routine financial interactions.
Furthermore, the consistently low median transfer fee of four cents on the TON blockchain ensures that these transactions remain economical for users. This affordability increases its appeal for P2P activities, encouraging its use in daily financial exchanges.
The Role of Tether USD in Decentralized Exchange (DEX) on TON
The decentralized finance (DeFi) ecosystem on the TON blockchain is also influenced by the presence of USDT. This stablecoin is widely used in decentralized exchanges (DEX), forming a core component of DeFi activity on these networks.
Additionally, platforms such as Ston.Fi, Dedust, and StormTrade are among the top entities facilitating transactions on TON.
These DEXs provide critical infrastructure for trading and liquidity provision, allowing users to engage in a variety of DeFi operations.
Moreover, the high usage of stablecoins on these exchanges underscores their importance in fostering an active DeFi environment.
The Future of USDT: Between Optimism and Challenges
Likewise, data on the number of transactions reveals significant user adoption of wallet applications focused on P2P USDT transfers. Wallet services such as XRocket, CryptoBot, Wallet Bot, and CWallet are leading the way in facilitating this interaction.
The recent launch of T-Fund by The Open Network sparked renewed optimism among investors and traders despite the challenges the Toncoin price has faced recently.
T-Fund is designed to accelerate ecosystem growth by supporting new projects and increasing network adoption.
Additionally, the recent UK High Court ruling declaring USDT as property could impact the future adoption of this stablecoin.
This ruling has the potential to reduce regulatory uncertainty and provide a clear legal framework for USDT, which could be seen as a positive sign for its legitimacy and stability.
However, the ruling could also lead to tighter regulatory scrutiny and tougher compliance requirements for Tether.
Additionally, this ruling opens the door to more legal battles or claims against Tether, especially if inconsistencies are discovered in how it manages and reports its reserves.
Overall, the future of USDT on TON and overall seems promising, despite some potential regulatory challenges.
Tether USD has proven itself to be a major player in TON, facilitating everyday financial transactions and supporting the growth of the DeFi ecosystem. Wider adoption of USDT and clear regulatory developments will largely determine its future.
Conclusion
That is information about USDT. You can learn how to buy USDT by accessing the Bitrue website. Bitrue also has a convert feature so you can check prices from USDT to USD easily without having to switch websites.
by Penny Angeles-Tan | Sep 19, 2024 | Business
First in history, Bitcoin was used as payment for transactions by Donald Trump, former President of the United States. This transaction took place at a bar in New York City.
With an end that is considered no longer young, 78 years, this action has received praise. The reason is, that Trump showed adaptation to modern technology by using cryptocurrency to pay for burger and beer orders at PubKey, a famous restaurant and bar in Manhattan that accepts Bitcoin.
PubKey: A Historic Place for Bitcoin Transactions
PubKey is not just an ordinary bar, this place is known as one of the pioneers in accepting Bitcoin as a means of payment. Before Trump attended a rally on Long Island, he stopped at PubKey and made a Bitcoin transaction.
With the help of a PubKey employee, Trump used the bar’s cell phone and tablet to complete the payment.
This moment was greeted enthusiastically by the customers at the bar, especially those who are Bitcoin fans.
One customer even shouted, “Make Bitcoin great again,” as a form of support for Trump’s move. In a post on social media, PubKey called this transaction one of the most historic moments in the world of Bitcoin.
The Rise of Bitcoin and Trump’s Support of Cryptocurrencies
Bitcoin, whose price has soared more than 500% in the past five years, is now priced at around $61,248.50 per Bitcoin.
In fact, when this article was written on September 19, Bitcoin price had increased by +2.95% and was at $61,919. Increased quite significantly compared to the previous day which was below $59K.
The significant increase in Bitcoin’s value has attracted the attention of investors, including public figures such as Donald Trump.
Trump’s use of Bitcoin in PubKey is not just a symbolic stunt, but also part of a larger push to support cryptocurrencies.
A few days earlier, Trump talked about cryptocurrencies when launching World Liberty Financial, a new venture in the crypto space founded by entrepreneur Steve Witkoff with two of Trump’s sons, Donald Trump Jr. and Eric Trump.
During an event at X Spaces promoting World Liberty Financial, Trump explained that his sons, including 18-year-old Barron Trump, encouraged him to understand and accept cryptocurrency.
Trump even revealed that Barron has several digital “wallets,” which refers to places where Bitcoin and other crypto assets are stored.
“He was talking about his wallet, he had four wallets or something,” Trump said, reflecting his admiration for his son’s understanding of the technology.
Trump’s Ambition to Make America the “Crypto Capital of the Planet”
Trump’s move to use Bitcoin in PubKey is not just a moment in time, but reflects a larger vision for the future of the US in the world of cryptocurrency.
In July, Trump promised to make the United States the “crypto capital of the planet” and “Bitcoin superpower of the world” if he is re-elected president.
Trump also said that if Bitcoin were to go “to the moon,” a term often used in the crypto community to describe its extraordinary price rise, he would want America to lead this revolution.
At the Bitcoin 2024 Conference in Nashville, Trump expressed his commitment to supporting Bitcoin and other cryptocurrencies. He also criticized the policies of President Joe Biden and Vice President Kamala Harris, which he called a “war on crypto.”
Additionally, Trump promised to fire Securities and Exchange Commission (SEC) Chairman Gary Gensler, who is currently leading a regulatory crackdown on digital currencies. For Trump, regulations that are too strict will only hinder the growth of a dynamic and innovative crypto industry.
Trump Campaign and Acceptance of Donations in Crypto
Trump’s commitment to cryptocurrencies is also visible in his campaign moves. In May, the Trump campaign began accepting donations in crypto.
In the announcement, Trump proudly called himself a “crypto candidate,” or a candidate who fully supports digital currency.
Conclusion
Donald Trump’s move using Bitcoins in transactions on PubKey marks a new era in which cryptocurrencies are increasingly accepted in everyday life, even among major political figures such as former US Presidents. This proof us that Bitcoin to USD can be convert in transaction in the public area like PubKey.
With his ambition to make America the world’s crypto hub, Trump clearly sees huge potential in this technology.
With the support of his family, including his younger son Barron, Trump appears ready to lead the US towards a future more connected to the digital world and cryptocurrencies.
If re-elected, Trump promises to fight for Bitcoin and end policies he sees as barriers to crypto innovation.
Meanwhile, the historic moment in PubKey remains one of the most important milestones in Bitcoin’s development, signaling the growing role of cryptocurrency in global life and politics.
by | Sep 19, 2024 | Business
Anime lovers and singers, mark your calendars! The much-anticipated Anime Song Competition 2024 is kicking off its qualifying rounds on September 21, 2024, at the Karaoke Manekineko Avenue K outlet, from 12:00 PM to 5:00 PM. 
Anime music enthusiasts and karaoke fans are in for a treat as the Anime Song Competition 2024 is officially open for registration. Organized by Karaoke Manekineko and supported by Pepsi, the competition is set to showcase the best anime song performances across several rounds, culminating in a grand finale.
The competition kicks off with the Adult Qualifying Round on:
– 21st September 2024 (Saturday) at Karaoke Manekineko Avenue K, 12PM–5PM.
Other qualifying rounds will take place on:
- 20th October 2024 (Sunday) at Karaoke Manekineko Berjaya Times Square, 12PM–5PM.
- 16th November 2024 (Saturday) at Karaoke Manekineko Bukit Bintang, 12PM–5PM.
The Adult Final will take place on:
- 14th December 2024 (Saturday) at Karaoke Manekineko Berjaya Times Square, 12PM–5PM.
Participants stand a chance to win:
- 1st Prize: RM3000
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2nd Prize: RM2000
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3rd Prize: RM1000
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Consolation Prize: RM200
Registration is now open and will close by 6th October 2024. Participants are encouraged to sign up early to secure their spot in this exhilarating competition.
How to Register:
- Scan the QR code above or click here to access the registration form.
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Record a 30-second performance of your chosen anime song.
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Send the video file directly to our mailbox at *************************@***il.com/”>ma*************************@***il.com. Ensure the file size does not exceed 25MB.
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Include your name when submitting the video.
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Fill out the registration form with all required information. If you are selected for the qualifying round, we will contact you with further details.
Competition Rules & Regulation
1. Categories:
Participants aged 13 years and above.
2. Eligibility:
- Open to all Malaysians and foreigners with a valid passport.
3. Performance Requirements:
4. Rights and Permissions:
5. Song Selection:
- Participants must choose and perform a song related to anime.
Don’t miss this opportunity to belt out your favorite anime tunes and stand a chance to win exciting prizes! Join fellow anime fans and singers for an unforgettable day of music, fun, and friendly competition.
For more information and updates, visit our website or contact us at *************************@***il.com/”>ma*************************@***il.com
by | Sep 19, 2024 | Business
In an era where digital presence dictates business success, the role of Search Engine Optimization (SEO) has never been more crucial.
Kevin Dam, an SEO Consultant with a proven track record of transforming online visibility for businesses across various industries. With a robust portfolio and over a decade of experience, Kevin Dam has become a beacon of excellence in the world of SEO and digital marketing.
Unparalleled Expertise in SEO
As an SEO Consultant, Kevin offers comprehensive SEO services tailored to meet the unique needs of each client. These services encompass on-page optimization, off-page strategies, technical SEO, keyword research, and content marketing. By leveraging the latest tools and techniques that ensures his clients achieve and maintain top rankings on major search engines such as Google, Bing, and Yahoo.
“I believe in a data-driven approach to SEO,” says Kevin Dam. “Every business is different, and so are their SEO needs. My goal is to create customised strategies that not only improve search engine rankings but also drive relevant traffic and increase conversions.”
Customised Strategies for Diverse Industries
From small businesses to large corporations, Kevin Dam has successfully boosted the online presence of clients in diverse sectors including e-commerce, healthcare, finance, real estate, education, and more. By understanding the specific challenges and opportunities within each industry, Kevin crafts targeted SEO strategies that deliver measurable results.
One notable success story is NotTooBig, a mid-sized e-commerce company struggling with visibility in a highly competitive market. By conducting thorough keyword research, optimising product descriptions, and implementing a robust link-building strategy, Kevin Dam helped NotTooBig achieve a 200% increase in organic traffic within six months. This surge in traffic translated to a significant rise in sales and market share.
Cutting-Edge Tools and Techniques
Staying ahead in the fast-paced world of SEO requires constant learning and adaptation. Kevin Dam employs cutting-edge SEO tools and software to analyse and optimise websites. Tools such as Google Analytics, Semrush, Ahrefs, Moz, and Screaming Frog are integral to the process of identifying areas for improvement and tracking the success of implemented strategies.
“SEO is not a one-time effort; it’s an ongoing process,” explains Kevin Dam. “I continuously monitor and adjust strategies based on the latest algorithm updates and industry trends to ensure my clients stay ahead of the competition.”
Holistic Approach to SEO
Understanding that SEO is interconnected with other aspects of digital marketing, Kevin Dam adopts a holistic approach. This includes optimising for mobile devices, enhancing site speed, improving user experience (UX), and integrating social media marketing. By ensuring that all these elements work in harmony, Kevin Dam helps clients achieve a comprehensive and sustainable online presence.
Educating and Empowering Clients
Beyond providing SEO services, Kevin Dam is dedicated to educating clients about the importance of SEO and empowering them with the knowledge to make informed decisions. Through workshops, his online articles and one-on-one training sessions, Kevin Dam helps businesses understand the intricacies of SEO and how to leverage it for long-term success.
“I believe that knowledge is power,” says Kevin Dam. “By educating my clients, I empower them to take control of their digital marketing efforts and make strategic decisions that benefit their business in the long run.”
Commitment to Ethical SEO Practices
In an industry where unethical practices can lead to severe penalties, Kevin Dam is committed to maintaining the highest standards of integrity. All strategies employed are white-hat, adhering to search engine guidelines and focusing on sustainable growth.
“Ethical SEO is the foundation of my practice,” states Kevin Dam. “I prioritise long-term success over short-term gains, ensuring that my clients’ websites are optimised in a manner that is both effective and compliant with search engine regulations.”
Looking to the Future
As the digital landscape continues to evolve, Kevin Dam remains at the forefront of SEO innovation. With a keen eye on emerging trends and technologies, he is poised to help businesses navigate the challenges and opportunities of the future.
“I am excited about the future of SEO and the endless possibilities it offers for businesses,” says Kevin Dam. “My mission is to continue providing SEO services that drive success and help my clients achieve their business growth goals.”
by | Sep 19, 2024 | Business
Asuene Inc. Founder & CEO Kohei Nishiwada will attend Climate Week NYC 2024 as part of Japan Climate Leaders’ Partnership (JCLP) delegation. This major event, organized by The Climate Group—known for leading initiatives like RE100—will bring together influential leaders from business, government, finance, and international organizations to discuss climate action.
By participating in Climate Week NYC 2024, Asuene aims to further strengthen its business expansion and advance support for corporate decarbonization and ESG management. 
About Climate Week NYC
Climate Week NYC, now in its 16th year, is one of the largest climate change events globally. Held annually in New York City during the United Nations General Assembly, this year’s event will take place from September 22 to 29. The program will feature leaders from various sectors—including business, government, finance, and international organizations—who will discuss the 2024 theme, “It’s Time,” focusing on actions related to policy, investment, and transitioning away from fossil fuels.
The event provides a valuable opportunity to understand the political and business environment related to the UN General Assembly and the upcoming U.S. presidential election, while also facilitating valuable business networking among participants.
The Climate Group, based in the UK, drives climate action towards a decarbonized society. It leads influential initiatives such as RE100, EV100, EP100, SteelZero, and ConcreteZero, having a significant impact in the decarbonization sector.
Nishiwada will participate in the “Opening Ceremony,” which will be attended by heads of state, top international officials, and CEOs, and will also take part in sessions at “The Hub Live” on themes such as “The New Industrial Revolution” and “Leadership and Green Growth.”
Outline of Climate Week NYC 2024
Date: September 22-29, 2024 Location: Midtown, New York City, USA URL: https://www.climateweeknyc.org/
by | Sep 18, 2024 | Business
Hamster Kombat announced that its first season ends soon. Read this article to understand about HMSTR token launch time and learn how to get free Hamster Kombat airdrop.
Through its official account on X, Hamster Kombat announced that it would soon end its first season. Season 1 of Hamster Kombat will end on September 20 ahead of the token launch and airdrop next week.
Read this article till the end to understand in detail about the HMSTR token launch and learn how to get free Hamster Kombat airdrop.
Season 1 of Hamster Kombat Ends Soon
In a X account post shared on Tuesday, the Hamster Kombat team said that they will take a “snapshot” of players’ earnings and in-game status at 6pm UTC on September 20 along with the end of season 1 of Hamster Kombat.
However, as previously confirmed, a second season of in-game rewards is planned for after the airdrop.
Hamster Kombat will launch its HMSTR token on The Open Network (TON) on September 26 and offer airdrop claims to players.
The game has previously claimed to have more than 300 million total players to date, with Telegram app data showing 94 million active players over the last month. This makes it the most played Telegram game so far.
Will TON Network be Down Again?
Although the launch of the Hamster Kombat token is highly anticipated by crypto gamers, this is also considered to have the potential to cause problems for TON itself.
TON experienced two periods of downtime in late August due to claims of other tokens for smaller projects, raising concerns that the magnitude of Hamster Kombat’s drop could bring down the network again.
In fact, developer TON Core admitted last week in a Telegram post that the launch of HMSTR as well as the CATI Catizen token launched on September 20 may cause “more technical stress and perhaps some unforeseen issues” amidst a very interesting token drop attention.
Get the Hamster Kombat Airdrop
Hamster Kombat token registration will be accompanied by an event airdrop HMSTR. Not only is this done by Hamster Kombat, various crypto exchanges will released HMSTR tokens also celebrated the release by holding an airdrop event, including Bitrue.
At the moment Bitrue is holding a Hamster Kombat airdrop event. The event period was held from 13 to 27 September, the day after the release of Hamster Kombat on the Bitrue market.
Event airdrop Hamster Kombat Bitrue has prizes of up to 10,000,000 HMSTR tokens specifically for Bitrue users. So, make sure you register on the Bitrue page listed so that you are eligible to take part in this airdrop event.
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