BitTorrent has completed its first quarterly BTT buyback and burn, removing approximately 21.62 trillion tokens worth $7.6 million from circulation as it introduces a new whitepaper focused on Web3 and artificial intelligence infrastructure.
Summary
BitTorrent completed its first quarterly buyback and burn on October 16, removing approximately 21.62 trillion BTT from circulation.
The company valued the burned tokens at $7.6 million and said purchases were funded by third-quarter decentralized service revenue.
Its new whitepaper links peer-to-peer file sharing, decentralized AI computing and BitTorrent Chain under one infrastructure plan.
BitTorrent reported 587,928,383 client installations in its October 12–18 weekly update.
BTT staking on BTTC offered an annual percentage yield of up to 6.84%, according to the company’s latest report.
In its October 12–18 weekly report, the company confirmed that its brand upgrade was live, the first buyback cycle had concluded and its revised whitepaper was available. It reported nearly 588 million client installations and a staking yield of up to 6.84% on BitTorrent Chain.
The burn took place on October 16, two days before BitTorrent issued a separate announcement detailing its token repurchase program and plans for decentralized AI services.
📢 LAST WEEK IN #BitTorrent
✅ The BitTorrent brand upgrade is officially live.
✅ The new BitTorrent Whitepaper is now available.
✅ The first quarterly $BTT buyback and burn for Q3 of 2026 has been completed.
✅ BitTorrent client installations have reached 587,928,383.
✅ The… pic.twitter.com/uaccFjXrdn
— BitTorrent (@BitTorrent) October 20, 2026
BitTorrent completes first $7.6 million BTT token burn
BitTorrent said it transferred exactly 21,621,611,570,729.6 BTT to a burn address after purchasing the tokens using revenue generated during the third quarter of 2026.
Its October 18announcement valued the transaction at $7,600,907. The company published the transaction hash, 4d9596617780e329bbd4e644ee0dffd780ec4cf3749f324d03eb98157eb04ae5, allowing the burn to be checked against blockchain records.
Tokens sent to an inaccessible burn address are intended to remain permanently outside the circulating supply. However, removing tokens does not guarantee that BTT’s market price will rise.
Moreover, the company announced the quarterly program on July 6, committing 100% of revenue from its decentralized services to purchases of BTT on the open market.
As crypto.news reported when the program was introduced, the plan called for repurchased tokens to be burned around the middle of the following quarter’s first month.
The October 16 transaction therefore followed the previously announced timetable, with BitTorrent saying future quarterly figures and associated blockchain records would be published through a dedicated dashboard.
New BitTorrent whitepaper combines file sharing and AI computing
Alongside the token burn, BitTorrent has introduced a revised infrastructure plan bringing its existing file-sharing products together with decentralized computing and blockchain settlement.
The whitepaper describes three components: BitTorrent Mainnet for peer-to-peer content distribution, BTTInferGrid for AI computing and BTTC for cross-chain transactions and scaling.
BitTorrent Mainnet retains the company’s established file distribution role, allowing users to exchange content directly through participating devices.
BTTInferGrid is designed to connect AI developers with distributed graphics processing units. Hardware operators supply computing capacity, while developers request resources for inference tasks, which involve running trained AI models.
The project initially introduced BTTInferGrid in June, describing a phased rollout beginning with network participants and validation of distributed computing services.
Its published development schedule places network bootstrapping in 2026, further support for AI models and privacy features in 2027, and larger infrastructure ambitions from 2028 onward.
The company said its computing network would initially prioritize professional-grade GPUs, with restrictions on early hardware-provider participation before a planned move toward permissionless access.
BTTC provides the blockchain component, supporting network transactions and interoperability involving TRON, Ethereum and BNB Chain. According to the updated plan, BTT serves as the payment and incentive token across the services.
Client installations reach 587.9 million as staking APY hits 6.84%
BitTorrent’s weekly figures show that recorded client installations reached 587,928,383 during the October 12–18 reporting period.
The company did not provide an independently audited breakdown of active users in the information accompanying that figure. Cumulative installations should not be confused with the number of people currently using its software.
The same update listed annual percentage yields of up to 6.84% for BTT staking on BTTC.
Staking APY is an annualized measure of potential rewards and may change with network conditions. The reported rate does not establish that investors will receive 6.84% over a full year.
BitTorrent’s staking and usage figures remain company-reported metrics, with no separate supporting methodology identified in the weekly announcement.
BTT revenue policy links token burns to network services
The latest burn introduces the first reported result of the company’s revenue-funded repurchase policy, following its July commitment to make quarterly purchases.
Under the plan, revenue from decentralized services is used to buy BTT tokens, which are subsequently sent to a burn address. The mechanism links the number of tokens repurchased to revenue and prevailing market prices.
The October transaction establishes the amount burned and the company’s stated valuation, but the announcement does not provide independently audited financial statements detailing the underlying revenue sources.
BitTorrent’s June BTTInferGrid announcement said AI-related services were expected to provide another source of revenue for future repurchases.
Its original roadmap placed the next burn disclosure around the middle of the first month following each reporting quarter, accompanied by the amount of BTT removed and the relevant on-chain transaction records.
The first round of BTT repurchased with decentralized service revenue has been completely burned, as BitTorrent leverages its reimagined architecture to pivot toward Web3 and AI infrastructure. SINGAPORE, Oct. 18, 2026 (GLOBE NEWSWIRE) -- BitTorrent, a cornerstone of decentralized infrastructure in the TRON ecosystem, entered a new phase of growth driven by dual engines: the rollout of its long-term BTT buyback-and-burn strategy and a comprehensive brand upgrade.
Central to this strategic overhaul, the long-term BTT buyback-and-burn commitment has officially translated into tangible action. Following its announcement on July 6 and subsequent scheduled repurchases, BitTorrent transferred the first round of BTT—funded by 100% of decentralized service revenue—to a burn address on October 16, successfully completing its inaugural burn cycle.
Coming on the heels of the recurring buyback-and-burn mechanisms established for JST and SUN, this marks another major positive development for the TRON ecosystem in deepening its token deflationary model and value accrual. Concurrently, BitTorrent released a brand-new official whitepaper, marking a comprehensive brand upgrade.
Directly answering the demands of the Web3 and generative AI era, this upgrade establishes a powerful tripartite architecture. It brings together the BitTorrent Mainnet for peer-to-peer content distribution, BTTInferGrid as the decentralized compute layer, and BTTC for cross-chain interoperability, Layer 2 scaling, and on-chain settlement.
With the native BTT token serving as the unified economic engine across the entire network, BitTorrent is delivering an open, efficient, and durable infrastructure for the decentralized AI frontier. The rollout of these twin initiatives marks BTT's evolution from a standard utility and governance token into a revenue-backed deflationary asset, underscoring BitTorrent's steadfast commitment to long-term value creation.
Crucially, it launches the BitTorrent ecosystem into a self-reinforcing flywheel of sustainable growth, direct value accrual, and strategic expansion. Inaugural BTT Buyback & Burn Completed: 100% Decentralized Revenue Powers Deflationary Flywheel The rollout of this long-term buyback-and-burn program marks BitTorrent's most decisive step yet to refine its tokenomics and reinforce ecosystem value.
BitTorrent set this long-term roadmap in motion on July 6, introducing a sustainable, revenue-backed deflationary model. Under this framework, 100% of all decentralized business revenue is channeled directly into BTT buybacks and burns, executed systematically across each calendar quarter. Moving past short-term, marketing-driven buybacks financed by outside capital, this structure creates genuine value capture driven purely by real business performance.
In line with this schedule, BitTorrent completed its inaugural buyback using Q3 2026 revenue from its decentralized services. On October 16, a total of 21,621,611,570,729.6 repurchased BTT tokens, valued at approximately $7,600,907, were sent to the black-hole burn address. Trackable via transaction hash 4d9596617780e329bbd4e644ee0dffd780ec4cf3749f324d03eb98157eb04ae5, this irreversible on-chain burn permanently removes the tokens from circulation, providing the market with transparent and verifiable proof of deflation.
To guarantee end-to-end transparency and traceability, BitTorrent has set a rigorous benchmark for on-chain disclosure. Alongside the brand upgrade, a dedicated BTT buyback-and-burn dashboard is now live on its official website. Going forward, burn figures and corresponding on-chain records will be published on this page around the middle of the first month of every subsequent quarter, offering the market a transparent, predictable deflationary schedule.
Market reception has been overwhelmingly positive. Recent trading data shows strong upward momentum, with BTT posting an impressive gain of approximately 30.3% over the trailing three months as of October 15. This rally highlights investor confidence in BitTorrent's operational cash flow and long-term prospects, confirming that this revenue-driven deflationary model has sparked a powerful engine for BTT's value growth.
Fueling this long-term deflationary mechanism is BitTorrent's ambitious expansion into distributed networks, cross-chain interoperability, and AI compute. This widening business footprint creates a fully self-sustaining commercial loop. As utility expands, the buyback initiative ignites a powerful flywheel that bridges revenue generation, token deflation, value distribution, and network growth.
Stronger business operations and independent revenue streams provide an ever-growing financial base for BTT buybacks. In return, the rising intrinsic value of the token organically attracts more global nodes and developers, fueling the next massive leap in network adoption. BitTorrent Reborn: A New Blueprint for Web3 and AI Infrastructure BitTorrent is rewriting its DNA.
Driven by a new whitepaper and a massive tokenomics upgrade, the protocol has officially transcended its legacy boundaries. Now firmly anchored as the definitive infrastructure for Web3 and AI applications, this strategic evolution transforms BitTorrent's multi-tiered network into a powerhouse of deep, cross-layer synergy and structural vitality. The explosive rise of generative AI and Web3 has hit a structural wall: sluggish data delivery, fractured compute power, and punishing on-chain settlement fees.
BitTorrent confronts this bottleneck head-on. Under an evolved strategic narrative, the new whitepaper re-engineers BitTorrent's stack from the ground up, unifying its core capabilities into a cohesive infrastructure. It decisively positions BitTorrent as a comprehensive infrastructure ecosystem spanning content distribution, decentralized compute, and on-chain scaling and settlement, driven by a tripartite synergy uniting the BitTorrent Mainnet, the BTTInferGrid decentralized compute network, and the BTTC scaling network. Within this reimagined architecture, individual verticals no longer operate in silos; they function as interlocking gears.
BitTorrent Mainnet acts as the ecosystem's primary gateway and data distribution layer, driving peer-to-peer content delivery to connect global users, nodes, and bandwidth at scale. In tandem,** the newly integrated BTTInferGrid powers the decentralized compute layer**, matching distributed GPU capacity with active demand to deliver elastic, cost-efficient, and verifiable AI inference for developers and dApps.
Bridging these layers,** BTTC anchors Layer 2 scaling, cross-chain interoperability, and settlement** across networks like TRON, Ethereum, and BNB Chain. Leveraging EVM compatibility, low gas fees, and high-frequency throughput, it executes service settlements, node staking, reward distributions, and cross-chain payments.
Unifying the entire network, the native BTT token serves as the core economic engine, covering critical utilities across resource payments, gas fees, node incentives, staking, and governance. Uniting distributed content delivery, decentralized compute, on-chain execution, and tokenomics, the reborn BitTorrent stands as an open infrastructure network built for the Web3 and AI frontier.
The strategic integration of an AI compute tier decisively drives BitTorrent beyond data routing into high-value intelligent processing and full-stack solutions. Each product line operates as an independent service tier for users and developers while integrating via standardized interfaces and the BTT tokenomic engine.
Together, they establish a closed-loop infrastructure pipeline spanning data distribution, compute execution, outcome verification, and on-chain settlement. Above all, BitTorrent's next chapter comes down to its community and the builders. The updated whitepaper refines BTT governance, putting real decision-making power and tangible economic rewards directly into the hands of the community.
That philosophy comes alive through a 100% decentralized buyback-and-burn model, ensuring that every dollar earned by the network is transparently returned to token holders and ecosystem contributors. Backing its Web3 and AI evolution with an ongoing BTT buyback-and-burn model marks a defining leap for BitTorrent. It confirms strong profitability and durable business foundations, laying down a direct blueprint to lead decentralized infrastructure.
With its value-capture flywheel running at full speed, BitTorrent moves into the future of Web3 and AI with fresh momentum, an open architecture, and lasting staying power. BitTorrent Team [email protected] *Disclaimer:This sponsored content is provided by the content provider and does not necessarily reflect the views of this media platform or its publisher.
The information is shared for general informational purposes only and should not be considered financial, investment, or trading advice. Cryptocurrency and mining-related activities carry risks, including the potential loss of capital, and readers are encouraged to conduct their own research and seek professional advice where appropriate.
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The media platform assumes no responsibility or liability for the accuracy, content, completeness, legality, or reliability of the information presented. Any complaints, claims, or copyright concerns related to this article should be directed to the content provider mentioned above. Photo accompanying this announcement are available at: https://www.globenewswire.com/NewsRoom/AttachmentNg/e6dcb8f4-4996-4b95-8b4a-a92a1faf515a https://www.globenewswire.com/NewsRoom/AttachmentNg/eaef1dbd-0fc0-419c-962c-0fc28a36c9fe https://www.globenewswire.com/NewsRoom/AttachmentNg/e71775ad-87de-4050-bb01-6614236c6083 https://www.globenewswire.com/NewsRoom/AttachmentNg/665eace3-5d6a-41a7-a1bb-fd0231ba3260 ##### Bittorrent ##### Bittorrent ##### Bittorrent ##### Bittorrent ##### Bittorrent ##### Bittorrent ##### Bittorrent ##### Bittorrent Source: Bittorrent
The first round of BTT repurchased with decentralized service revenue has been completely burned, as BitTorrent leverages its reimagined architecture to pivot toward Web3 and AI infrastructure. BitTorrent, a cornerstone of decentralized infrastructure in the TRON ecosystem, entered a new phase of growth driven by dual engines: the rollout of its long-term BTT buyback-and-burn strategy and a comprehensive brand upgrade.
Central to this strategic overhaul, the long-term BTT buyback-and-burn commitment has officially translated into tangible action. Following its announcement on July 6 and subsequent scheduled repurchases, BitTorrent transferred the first round of BTT—funded by 100% of decentralized service revenue—to a burn address on October 16, successfully completing its inaugural burn cycle. Coming on the heels of the recurring buyback-and-burn mechanisms established for JST and SUN, this marks another major positive development for the TRON ecosystem in deepening its token deflationary model and value accrual.
Concurrently, BitTorrent released a brand-new official whitepaper, marking a comprehensive brand upgrade. Directly answering the demands of the Web3 and generative AI era, this upgrade establishes a powerful tripartite architecture. It brings together the BitTorrent Mainnet for peer-to-peer content distribution, BTTInferGrid as the decentralized compute layer, and BTTC for cross-chain interoperability, Layer 2 scaling, and on-chain settlement. With the native BTT token serving as the unified economic engine across the entire network, BitTorrent is delivering an open, efficient, and durable infrastructure for the decentralized AI frontier.
The rollout of these twin initiatives marks BTT’s evolution from a standard utility and governance token into a revenue-backed deflationary asset, underscoring BitTorrent’s steadfast commitment to long-term value creation. Crucially, it launches the BitTorrent ecosystem into a self-reinforcing flywheel of sustainable growth, direct value accrual, and strategic expansion.
The rollout of this long-term buyback-and-burn program marks BitTorrent’s most decisive step yet to refine its tokenomics and reinforce ecosystem value.
BitTorrent set this long-term roadmap in motion on July 6, introducing a sustainable, revenue-backed deflationary model. Under this framework, 100% of all decentralized business revenue is channeled directly into BTT buybacks and burns, executed systematically across each calendar quarter. Moving past short-term, marketing-driven buybacks financed by outside capital, this structure creates genuine value capture driven purely by real business performance.
In line with this schedule, BitTorrent completed its inaugural buyback using Q3 2026 revenue from its decentralized services. On October 16, a total of 21,621,611,570,729.6 repurchased BTT tokens, valued at approximately $7,600,907, were sent to the black-hole burn address. Trackable via transaction hash 4d9596617780e329bbd4e644ee0dffd780ec4cf3749f324d03eb98157eb04ae5, this irreversible on-chain burn permanently removes the tokens from circulation, providing the market with transparent and verifiable proof of deflation.
To guarantee end-to-end transparency and traceability, BitTorrent has set a rigorous benchmark for on-chain disclosure. Alongside the brand upgrade, a dedicated BTT buyback-and-burn dashboard is now live on its official website. Going forward, burn figures and corresponding on-chain records will be published on this page around the middle of the first month of every subsequent quarter, offering the market a transparent, predictable deflationary schedule.
Market reception has been overwhelmingly positive. Recent trading data shows strong upward momentum, with BTT posting an impressive gain of approximately 30.3% over the trailing three months as of October 15. This rally highlights investor confidence in BitTorrent’s operational cash flow and long-term prospects, confirming that this revenue-driven deflationary model has sparked a powerful engine for BTT’s value growth.
Fueling this long-term deflationary mechanism is BitTorrent’s ambitious expansion into distributed networks, cross-chain interoperability, and AI compute. This widening business footprint creates a fully self-sustaining commercial loop. As utility expands, the buyback initiative ignites a powerful flywheel that bridges revenue generation, token deflation, value distribution, and network growth. Stronger business operations and independent revenue streams provide an ever-growing financial base for BTT buybacks. In return, the rising intrinsic value of the token organically attracts more global nodes and developers, fueling the next massive leap in network adoption.
BitTorrent Reborn: A New Blueprint for Web3 and AI Infrastructure
BitTorrent is rewriting its DNA. Driven by a new whitepaper and a massive tokenomics upgrade, the protocol has officially transcended its legacy boundaries. Now firmly anchored as the definitive infrastructure for Web3 and AI applications, this strategic evolution transforms BitTorrent’s multi-tiered network into a powerhouse of deep, cross-layer synergy and structural vitality.
The explosive rise of generative AI and Web3 has hit a structural wall: sluggish data delivery, fractured compute power, and punishing on-chain settlement fees. BitTorrent confronts this bottleneck head-on. Under an evolved strategic narrative, the new whitepaper re-engineers BitTorrent’s stack from the ground up, unifying its core capabilities into a cohesive infrastructure. It decisively positions BitTorrent as a comprehensive infrastructure ecosystem spanning content distribution, decentralized compute, and on-chain scaling and settlement, driven by a tripartite synergy uniting the BitTorrent Mainnet, the BTTInferGrid decentralized compute network, and the BTTC scaling network.
Within this reimagined architecture, individual verticals no longer operate in silos; they function as interlocking gears. BitTorrent Mainnet acts as the ecosystem’s primary gateway and data distribution layer, driving peer-to-peer content delivery to connect global users, nodes, and bandwidth at scale. In tandem, the newly integrated BTTInferGrid powers the decentralized compute layer, matching distributed GPU capacity with active demand to deliver elastic, cost-efficient, and verifiable AI inference for developers and dApps. Bridging these layers, BTTC anchors Layer 2 scaling, cross-chain interoperability, and settlement across networks like TRON, Ethereum, and BNB Chain. Leveraging EVM compatibility, low gas fees, and high-frequency throughput, it executes service settlements, node staking, reward distributions, and cross-chain payments. Unifying the entire network, the native BTT token serves as the core economic engine, covering critical utilities across resource payments, gas fees, node incentives, staking, and governance.
Uniting distributed content delivery, decentralized compute, on-chain execution, and tokenomics, the reborn BitTorrent stands as an open infrastructure network built for the Web3 and AI frontier. The strategic integration of an AI compute tier decisively drives BitTorrent beyond data routing into high-value intelligent processing and full-stack solutions. Each product line operates as an independent service tier for users and developers while integrating via standardized interfaces and the BTT tokenomic engine. Together, they establish a closed-loop infrastructure pipeline spanning data distribution, compute execution, outcome verification, and on-chain settlement.
Above all, BitTorrent’s next chapter comes down to its community and the builders. The updated whitepaper refines BTT governance, putting real decision-making power and tangible economic rewards directly into the hands of the community. That philosophy comes alive through a 100% decentralized buyback-and-burn model, ensuring that every dollar earned by the network is transparently returned to token holders and ecosystem contributors.
Backing its Web3 and AI evolution with an ongoing BTT buyback-and-burn model marks a defining leap for BitTorrent. It confirms strong profitability and durable business foundations, laying down a direct blueprint to lead decentralized infrastructure. With its value-capture flywheel running at full speed, BitTorrent moves into the future of Web3 and AI with fresh momentum, an open architecture, and lasting staying power.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
Arkham has disclosed in a post that it has labeled wallets under Justin Sun’s name across 10 blockchains, with total on-chain assets valued at roughly $2.25 billion. Justin Sun is the founder of TRON, CEO of BitTorrent, and owner of two cryptocurrency exchanges. Arkham also noted that in its ranking released this September, Justin Sun’s holdings rank second only to Satoshi Nakamoto, whose holdings total $91.3 billion.
P2P AI inference network Antseed has officially launched, with its non-profit operator Antseed Foundation disclosing that it has completed a $2.4 million token round financing. Spark Capital led the round, with participation from Collider, DCG, North Island Ventures, Reciprocal Ventures, Relay Capital, and Venice.ai. The project aims to adapt BitTorrent’s peer-to-peer model for AI inference, enabling different providers to directly sell models and agent services. After users run Antseed’s local router on their computers, they can connect tools like Claude Code, Codex, and OpenCode to a single address. Each inference call is routed by the router based on price, speed, reputation, and privacy criteria, with fees settled directly via USDC on Base. Providers can run their own local models, fine-tuned models, or other AI services, and set their own pricing. Its key difference from OpenRouter is the absence of a unified forwarding platform in the middle layer: buyers connect directly to providers, while Antseed handles discovery, routing, reputation, and payment protocols. Regular providers can still view the prompts they process; users also have the option to select TEE-verified providers, where requests run in a trusted execution environment (hardware-isolated from request content). Antseed is also refining verification mechanisms including model fingerprinting, signed responses, and auditing to prevent providers from passing off cheaper models as more expensive ones. The code is open-source and the network is operational, though compatibility issues with tools like Codex and Claude Desktop are still being addressed on GitHub. It is best described as a rapidly iterating "decentralized OpenRouter".
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Geneva, Switzerland, September 11, 2026 — TRON DAO, the community-governed DAO dedicated to accelerating the decentralization of the internet through blockchain technology and decentralized applications (dApps), today announced expanded support for MetaMask across the TRON ecosystem, with B.AI, SUN.io, JustLend DAO and BitTorrent now supporting MetaMask connectivity through their respective dApps. MetaMask, one of the world’s largest consumer platforms for onchain finance, gives users direct control over their money and access to the onchain economy. Earlier this year, MetaMask launched native support for the TRON network across both its mobile and browser extension platforms. Building on that launch, users now have more ways to interact with applications across the TRON ecosystem using MetaMask.
B.AI is a financial infrastructure platform designed to give AI agents their own identities and the ability to transact independently, powering autonomous payments and on-chain execution for the emerging agent economy. SUN.io, TRON’s leading decentralized platform with over $650 million in total value locked (TVL), enables users to connect with MetaMask to access its high-performance SunSwap V4 decentralized exchange and automated market maker. JustLend DAO, TRON’s lending protocol, holds more than $7 billion in TVL and supports borrowing, lending, and staking. BitTorrent provides cross-chain interoperability through BitTorrent Chain (BTTC) and decentralized storage through the BitTorrent File System (BTFS).
“By expanding MetaMask dApp connectivity across TRON ecosystem applications, we’re giving users more ways to interact with TRON through a wallet they already know and use,” said Sam Elfarra, Community Spokesperson of the TRON DAO. “By expanding MetaMask connectivity across TRON’s dApp ecosystem, we are enabling millions of users worldwide to experience TRON’s speed, affordability, and ecosystem depth without changing the tools they already rely on.”
“Native TRON support in MetaMask gives users greater flexibility to interact with the TRON ecosystem using the wallet they already know,” said Dan Rosario, Ecosystem Engagement Manager at MetaMask. “As more applications across the TRON ecosystem implement MetaMask connectivity, users have more ways to engage with the network while maintaining the control that comes with self-custody.”
TRON is a leading global settlement layer for stablecoins, processing more than $23 billion in average daily transfer volume and hosting more than $94 billion of circulating USDT on-chain. Native TRON support in MetaMask enables users to manage TRON-based assets and connect their wallet to supported applications across the TRON ecosystem. As more TRON applications implement MetaMask connectivity, users have additional ways to interact with the network through a familiar self-custodial wallet.
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, the TRON blockchain has experienced significant growth since its MainNet launch in May 2018. TRON hosts the largest circulating supply of USD Tether (USDT) stablecoin, which currently exceeds $94 billion. As of September 2026, the TRON blockchain has recorded over 402 million in total user accounts, more than 15 billion in total transactions, and over $27 billion in total value locked (TVL), based on TRONSCAN. Recognized as the global settlement layer for stablecoin transactions and everyday purchases with proven success, TRON is “Moving Trillions, Empowering Billions.”
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Consensys is the leading Ethereum software company, building the infrastructure, tools, and protocols that power the world’s largest decentralized ecosystem. Founded in 2014 by Ethereum co-founder Joseph Lubin, Consensys has played a foundational role in Ethereum’s growth, from pioneering products like MetaMask, Linea and Infura to shaping protocol development and staking infrastructure. Today, Consensys continues to lead Ethereum’s evolution through strategic R&D, and direct contributions to network upgrades like the Merge and Pectra. With a global product suite, and deep roots across the ecosystem, Consensys is uniquely positioned to accelerate Ethereum’s role as the trust layer for a new global economy, one that is decentralized, programmable, and open to all. To learn more, visit consensys.io.
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Singapore, September 11, 2026 — B.AI, SUN.io, JustLend DAO, and BitTorrent, four leading decentralized applications (dApps) across the TRON ecosystem, now support MetaMask connectivity. MetaMask, one of the world’s largest consumer platforms for onchain finance, giving users direct control over their money and access to the onchain economy. This gives MetaMask users direct, in-wallet access to these dApps through a single, familiar interface, simplifying complex on-chain workflows and lowering the barrier to entry for global users.
Bringing TRON’s Leading dApps to MetaMask
B.AI, a financial infrastructure platform designed to give AI agents their own identities and the ability to transact independently. Its architecture includes the x402 payment protocol, the 8004 identity authentication protocol, a MCP Server, and BAIclaw which enables AI agents to verify one another, transact autonomously, and execute high-frequency financial operations on-chain. Access via MetaMask extends these capabilities to a broader global user base.
SUN.io, TRON’s leading decentralized platform with over $650 million in total value locked (TVL) and more than 26,000 liquidity pools, enables users to connect with MetaMask to access its high-performance, low-cost automated market maker (AMM), SunSwap V4, which features programmable hooks that allow developers and AI agents to embed custom logic directly into liquidity pools.
JustLend DAO, TRON’s leading lending platform with over $7 billion in TVL, provides capital-efficient infrastructure for on-chain borrowing, lending, and staking. Through MetaMask, users can access energy rental services and yield opportunities, optimizing transaction costs and supporting sustained high-frequency activity.
BitTorrent completes TRON’s on-chain and autonomous systems stack by providing cross-chain and data layers that allows the ecosystem to scale. BitTorrent Chain (BTTC) enables seamless interoperability between TRON, Ethereum and BNB Chain, while the BitTorrent File System (BTFS) delivers secure, low-cost decentralized storage. Together, supporting scalable, cross-chain operations for both users and AI agents.
Expanding a Global Web3 Gateway
With MetaMask connectivity now supported across these dApps, users can manage TRON-based assets, transfer tokens such as TRX and USDT, and execute swaps directly within MetaMask. The addition of MetaMask connectivity across B.AI, SUN.io, JustLend DAO, and BitTorrent shifts user access to a unified wallet-based experience, improving usability and connectivity across blockchain networks.
As decentralized finance and AI-driven applications continue to converge, this milestone positions TRON’s ecosystem to scale alongside global user demand. By aligning high-performance infrastructure with a widely adopted Web3 gateway, the ecosystem is better equipped to drive liquidity, improve capital efficiency, and accelerate adoption of DeFi and AI use cases at scale.
About B.AI
B.AI is a financial infrastructure built for the AI Agent era, designed to address the core challenges agents face in model access, payments, settlement, identity, and coordination. Through a unified API and settlement network, B.AI enables AI Agents to connect more freely to leading global models and services, while using agent wallets to pay, get paid, and exchange value autonomously. At the same time, B.AI builds verifiable identity and credit primitives for agents through on-chain accounts, helping AI evolve from software tools into economic actors that can transact, collaborate, and operate continuously at scale. By lowering barriers to model access, enabling seamless value transfer, and establishing an economic framework for intelligent agents, B.AI aims to accelerate the maturation of the AI Agent ecosystem, advance the real-world development of AGI, and make the benefits of AI more accessible to a broader range of users and developers.
SUN.io is the first decentralized autonomous platform on the TRON blockchain, distinguished by its integration of stablecoin trading, comprehensive token exchange, and liquidity mining capabilities. As a cornerstone of the TRON ecosystem, SUN.io is dedicated to optimizing trading liquidity and asset returns for its users. The platform empowers participants to stake SUN tokens, earning veSUN, which unlocks a suite of exclusive benefits, including enhanced rewards and voting rights in the platform’s governance.
JustLend DAO is TRON’s decentralized financial platform where users can earn yields through supplied assets, borrow digital assets against collateral, participate in TRX staking, and rent Energy. Committed to developing TRON-based DeFi protocols and providing all-in-one financial solutions to its users, there is now more than $7.6B Total Value Locked in the JUST Network.
The JustLend DAO provides a forum for its users to participate in governance and directives, while empowering its users with decentralized authority, trustless transactions, smart-contract automation, and security with transparent accountability.
Tokens in the JustLend DAO markets (TRX, BTT, JST, NFT, USDT, TUSD, USDD) are granted statutory status as authorized digital currency and medium of exchange in the Commonwealth of Dominica. JustLend DAO exists to provide stable and convenient financial lending services for all users.
Engage with the JustLend DAO community via the JustLend DAO Portal, Telegram, Twitter, and the JUST Network.
About BitTorrent Chain
BitTorrent Chain (BTTC) is the world’s first heterogeneous cross-chain interoperability protocol, which adopts the PoS (Proof-of-Stake) mechanism and leverages sidechains for the scaling of smart contracts. It now enables interoperability with the public chains of Ethereum, TRON, and BNB Chain. Fully compatible with EVM, BitTorrent Chain facilitates the seamless transfer of assets across mainstream public chains. The governance token BTT, also known as BTTOLD on TRON Protocol was granted statutory status as authorized digital currency and medium of exchange in the Commonwealth of Dominica on October 7th 2022.
Singapore, September 10, 2026 — B.AI, SUN.io, JustLend DAO, and BitTorrent, four leading decentralized applications (dApps) across the TRON ecosystem, now support MetaMask connectivity. MetaMask, one of the world’s largest consumer platforms for onchain finance, giving users direct control over their money and access to the onchain economy. This gives MetaMask users direct, in-wallet access to these dApps through a single, familiar interface, simplifying complex on-chain workflows and lowering the barrier to entry for global users.
Bringing TRON’s leading dApps to MetaMaskB.AI, a financial infrastructure platform designed to give AI agents their own identities and the ability to transact independently. Its architecture includes the x402 payment protocol, the 8004 identity authentication protocol, a MCP Server, and BAIclaw which enables AI agents to verify one another, transact autonomously, and execute high-frequency financial operations on-chain. Access via MetaMask extends these capabilities to a broader global user base.
SUN.io, TRON’s leading decentralized platform with over $650 million in total value locked (TVL) and more than 26,000 liquidity pools, enables users to connect with MetaMask to access its high-performance, low-cost automated market maker (AMM), SunSwap V4, which features programmable hooks that allow developers and AI agents to embed custom logic directly into liquidity pools.
JustLend DAO, TRON’s leading lending platform with over $7 billion in TVL, provides capital-efficient infrastructure for on-chain borrowing, lending, and staking. Through MetaMask, users can access energy rental services and yield opportunities, optimizing transaction costs and supporting sustained high-frequency activity.
BitTorrent completes TRON’s on-chain and autonomous systems stack by providing cross-chain and data layers that allows the ecosystem to scale. BitTorrent Chain (BTTC) enables seamless interoperability between TRON, Ethereum and BNB Chain, while the BitTorrent File System (BTFS) delivers secure, low-cost decentralized storage. Together, supporting scalable, cross-chain operations for both users and AI agents.
Expanding a global Web3 gatewayWith MetaMask connectivity now supported across these dApps, users can manage TRON-based assets, transfer tokens such as TRX and USDT, and execute swaps directly within MetaMask. The addition of MetaMask connectivity across B.AI, SUN.io, JustLend DAO, and BitTorrent shifts user access to a unified wallet-based experience, improving usability and connectivity across blockchain networks.
As decentralized finance and AI-driven applications continue to converge, this milestone positions TRON’s ecosystem to scale alongside global user demand. By aligning high-performance infrastructure with a widely adopted Web3 gateway, the ecosystem is better equipped to drive liquidity, improve capital efficiency, and accelerate adoption of DeFi and AI use cases at scale.
About B.AIB.AI is a financial infrastructure built for the AI Agent era, designed to address the core challenges agents face in model access, payments, settlement, identity, and coordination. Through a unified API and settlement network, B.AI enables AI Agents to connect more freely to leading global models and services, while using agent wallets to pay, get paid, and exchange value autonomously. At the same time, B.AI builds verifiable identity and credit primitives for agents through on-chain accounts, helping AI evolve from software tools into economic actors that can transact, collaborate, and operate continuously at scale. By lowering barriers to model access, enabling seamless value transfer, and establishing an economic framework for intelligent agents, B.AI aims to accelerate the maturation of the AI Agent ecosystem, advance the real-world development of AGI, and make the benefits of AI more accessible to a broader range of users and developers.
About SUN.ioSUN.io is the first decentralized autonomous platform on the TRON blockchain, distinguished by its integration of stablecoin trading, comprehensive token exchange, and liquidity mining capabilities. As a cornerstone of the TRON ecosystem, SUN.io is dedicated to optimizing trading liquidity and asset returns for its users. The platform empowers participants to stake SUN tokens, earning veSUN, which unlocks a suite of exclusive benefits, including enhanced rewards and voting rights in the platform’s governance.
About JustLend DAOJustLend DAO is TRON’s decentralized financial platform where users can earn yields through supplied assets, borrow digital assets against collateral, participate in TRX staking, and rent Energy. Committed to developing TRON-based DeFi protocols and providing all-in-one financial solutions to its users, there is now more than $7.6B Total Value Locked in the JUST Network.
The JustLend DAO provides a forum for its users to participate in governance and directives, while empowering its users with decentralized authority, trustless transactions, smart-contract automation, and security with transparent accountability.
Tokens in the JustLend DAO markets (TRX, BTT, JST, NFT, USDT, TUSD, USDD) are granted statutory status as authorized digital currency and medium of exchange in the Commonwealth of Dominica. JustLend DAO exists to provide stable and convenient financial lending services for all users.
Engage with the JustLend DAO community via the JustLend DAO Portal, Telegram, Twitter, and the JUST Network.
About BitTorrent Chain
BitTorrent Chain (BTTC) is the world’s first heterogeneous cross-chain interoperability protocol, which adopts the PoS (Proof-of-Stake) mechanism and leverages sidechains for the scaling of smart contracts. It now enables interoperability with the public chains of Ethereum, TRON, and BNB Chain. Fully compatible with EVM, BitTorrent Chain facilitates the seamless transfer of assets across mainstream public chains. The governance token BTT, also known as BTTOLD on TRON Protocol was granted statutory status as authorized digital currency and medium of exchange in the Commonwealth of Dominica on October 7th 2022.
This publication is provided by the client. The text below is a paid press release that is not part of Cointelegraph independent editorial content. The text has undergone editorial review to ensure quality and relevance, it may not reflect the views and opinions of Cointelegraph. Readers are encouraged to conduct their own research before taking any actions related to the company. Disclosure.
Singapore, September 10, 2026 — B.AI, SUN.io, JustLend DAO, and BitTorrent, four leading decentralized applications (dApps) across the TRON ecosystem, now support MetaMask connectivity.
MetaMask, one of the world’s largest consumer platforms for onchain finance, giving users direct control over their money and access to the onchain economy. This gives MetaMask users direct, in-wallet access to these dApps through a single, familiar interface, simplifying complex on-chain workflows and lowering the barrier to entry for global users.
B.AI, a financial infrastructure platform designed to give AI agents their own identities and the ability to transact independently. Its architecture includes the x402 payment protocol, the 8004 identity authentication protocol, an MCP Server, and BAIclaw, which enables AI agents to verify one another, transact autonomously, and execute high-frequency financial operations on-chain. Access via MetaMask extends these capabilities to a broader global user base.
SUN.io, TRON’s leading decentralized platform with over $650 million in total value locked (TVL) and more than 26,000 liquidity pools, enables users to connect with MetaMask to access its high-performance, low-cost automated market maker (AMM), SunSwap V4, which features programmable hooks that allow developers and AI agents to embed custom logic directly into liquidity pools.
JustLend DAO, TRON’s leading lending platform with over $7 billion in TVL, provides capital-efficient infrastructure for on-chain borrowing, lending, and staking. Through MetaMask, users can access energy rental services and yield opportunities, optimizing transaction costs and supporting sustained high-frequency activity.
BitTorrent completes TRON’s on-chain and autonomous systems stack by providing cross-chain and data layers that allow the ecosystem to scale. BitTorrent Chain (BTTC) enables seamless interoperability between TRON, Ethereum, and BNB Chain, while the BitTorrent File System (BTFS) delivers secure, low-cost decentralized storage. Together, supporting scalable, cross-chain operations for both users and AI agents.
Expanding a Global Web3 GatewayWith MetaMask connectivity now supported across these dApps, users can manage TRON-based assets, transfer tokens such as TRX and USDT, and execute swaps directly within MetaMask. The addition of MetaMask connectivity across B.AI, SUN.io, JustLend DAO, and BitTorrent shifts user access to a unified wallet-based experience, improving usability and connectivity across blockchain networks.
As decentralized finance and AI-driven applications continue to converge, this milestone positions TRON’s ecosystem to scale alongside global user demand. By aligning high-performance infrastructure with a widely adopted Web3 gateway, the ecosystem is better equipped to drive liquidity, improve capital efficiency, and accelerate adoption of DeFi and AI use cases at scale.
About B.AIB.AI is a financial infrastructure built for the AI Agent era, designed to address the core challenges agents face in model access, payments, settlement, identity, and coordination. Through a unified API and settlement network, B.AI enables AI Agents to connect more freely to leading global models and services, while using agent wallets to pay, get paid, and exchange value autonomously. At the same time, B.AI builds verifiable identity and credit primitives for agents through on-chain accounts, helping AI evolve from software tools into economic actors that can transact, collaborate, and operate continuously at scale. By lowering barriers to model access, enabling seamless value transfer, and establishing an economic framework for intelligent agents, B.AI aims to accelerate the maturation of the AI Agent ecosystem, advance the real-world development of AGI, and make the benefits of AI more accessible to a broader range of users and developers.
Media Contact
Elle
[email protected]
About SUN.ioSUN.io is the first decentralized autonomous platform on the TRON blockchain, distinguished by its integration of stablecoin trading, comprehensive token exchange, and liquidity mining capabilities. As a cornerstone of the TRON ecosystem, SUN.io is dedicated to optimizing trading liquidity and asset returns for its users. The platform empowers participants to stake SUN tokens, earning veSUN, which unlocks a suite of exclusive benefits, including enhanced rewards and voting rights in the platform’s governance.
Media Contact
Elle
[email protected]
About JustLend DAOJustLend DAO is TRON’s decentralized financial platform where users can earn yields through supplied assets, borrow digital assets against collateral, participate in TRX staking, and rent Energy. Committed to developing TRON-based DeFi protocols and providing all-in-one financial solutions to its users, there is now more than $7.6B Total Value Locked in the JUST Network.
The JustLend DAO provides a forum for its users to participate in governance and directives, while empowering its users with decentralized authority, trustless transactions, smart-contract automation, and security with transparent accountability.
Tokens in the JustLend DAO markets (TRX, BTT, JST, NFT, USDT, TUSD, USDD) are granted statutory status as authorized digital currency and medium of exchange in the Commonwealth of Dominica. JustLend DAO exists to provide stable and convenient financial lending services for all users.
Engage with the JustLend DAO community via the JustLend DAO Portal, Telegram, Twitter, and the JUST Network.
Media Contact
Harvey
[email protected]
About BitTorrent ChainBitTorrent Chain (BTTC) is the world’s first heterogeneous cross-chain interoperability protocol, which adopts the PoS (Proof-of-Stake) mechanism and leverages sidechains for the scaling of smart contracts. It now enables interoperability with the public chains of Ethereum, TRON, and BNB Chain. Fully compatible with EVM, BitTorrent Chain facilitates the seamless transfer of assets across mainstream public chains. The governance token BTT, also known as BTTOLD on TRON Protocol was granted statutory status as authorized digital currency and medium of exchange in the Commonwealth of Dominica on October 7th 2022.
Website | Telegram | Medium | Github | Docs
Media Contact
Charles
[email protected]
Disclaimer
This third-party press release is published substantially as received and does not reflect BeInCrypto's editorial views. BeInCrypto has not independently verified its claims or assessed the suitability, legality or appropriateness of any referenced asset, product or service; publication is not an endorsement. The content is general information, not investment research, financial, investment, legal or tax advice, a personal recommendation, offer or solicitation. Verify all information and seek professional advice where appropriate before acting. Crypto-assets may result in total loss.
Sony Music Publishing and Warner Chappell Music sued Anthropic on Friday. They say the company used BitTorrent to take songbooks, then fed them to Claude.
While Anthropic has already admitted torrenting books, it has never conceded that music sat inside those files, hence the copyright case.
Anthropic Music Lawsuit ExplainedThe complaint names two hauls, both from shadow libraries and containing unlicensed copies of published works.
Roughly 5 million books came from Library Genesis in June 2021. Another 2 million came from Pirate Library Mirror in July 2022. According to the publishers, sheet music and songbooks sat in those collections. Torrenting is not the only route in the filing.
The publishers also say Anthropic scraped lyrics from Musixmatch and LyricFind. Both sites pay for the right to display them.
“…one of the largest and most blatant ongoing thefts of intellectual property in history,” the opening line of the complaint reads.
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Why Torrenting Is the Dangerous PartA judge has already drawn this line once. Buying books and scanning them leaned toward fair use. Taking them from pirate sites did not. The same judge described those downloads bluntly.
“…straightforward piracy but at massive scale.”
That is why Anthropic’s destructive book scanning program survived court, while its downloads ended in a settlement.
Torrenting sits on the wrong side of that line, and it carries a second problem. The software uploads while it downloads. Every copy taken is also a copy shared.
Two of the four counts rest on that point, with both naming Dario Amodei and Benjamin Mann as individuals, not as employees. Companies settle. People give depositions.
What It Could CostThe publishers want up to $150,000 for each song a jury finds was knowingly infringed. The publishers say hundreds of their songs sat in those files. They put the wider training claim in the tens of thousands.
Notably, however, Anthropic has beaten these publishers before. It beat their bid to block Claude’s training in a 2023 case over lyrics. It agreed to run output guardrails instead.
It has not commented on this one.
Everything now turns on discovery. Did the songs reach Claude through a purchase, or through a swarm?
WTI and Brent crude oil rose more than 4.5%, while negotiations to reopen the Strait of Hormuz have hit an impasse.
According to Bitget market data, both U.S. WTI and Brent crude oil rose more than 4.5%, with WTI crude trading at $79.72 and Brent crude at $85.16. On the news front, Iran has put forward multiple conditions before agreeing to fully reopen the Strait of Hormuz, including ending the U.S. naval blockade, withdrawing U.S. maritime and air forces around Iran, compensating for losses from recent conflicts, lifting sanctions, and unconditionally unfreezing Iran's assets. These demands have cast a shadow over the outlook for the normalization of shipping, and the market continues to price in supply disruption risk premiums into crude oil prices. Meanwhile, negotiations between Iran and Oman on establishing a secure shipping lane through the Strait of Hormuz have reportedly made some progress, but as the two sides have not yet reached an agreement on the full reopening of the strait, investors remain vigilant about energy supply risks. In addition, Yemen's Houthi movement claimed responsibility for a drone attack on Saudi Aramco's refining facilities, further intensifying market concerns over the safety of energy infrastructure in the Middle East.
8 minutes ago
Cloudflare’s shares fell more than 2% at one point during intraday trading, as the company plans to conduct a private placement of $2.175 billion in convertible bonds.
According to market data from BIT (Bit.com), US-listed cloud services provider Cloudflare saw its intraday decline exceed 2% at one point, with the drop now narrowing to 0.94% and its market capitalization standing at $105.47 billion as of press time. In related news, the company announced plans to privately place $2.175 billion in convertible bonds.
8 minutes ago
Multiple brokerages including JPMorgan Chase have raised their year-end target for the S&P 500 index to 8,000 points.
According to CCTV reports, JPMorgan Chase on the 10th officially raised its year-end 2026 target for the S&P 500 index from 7,800 points to 8,000 points, citing solid corporate profit outlooks and large tech firms’ increased AI investment as key factors that will significantly accelerate revenue growth. This target implies roughly 3% upside from the S&P 500’s closing level last Friday. At least seven brokerages now forecast the S&P 500 will hit 8,000 points by the end of 2026. JPMorgan analysts noted that cloud computing business is expected to maintain strong growth as backlogged orders convert to actual revenue, which will validate the rationale for AI capital expenditures and further ease market concerns about return on invested capital. Data from London Stock Exchange Group shows that among 436 S&P 500 constituent companies that have released Q2 earnings, 85.1% beat analyst expectations, well above the 68% long-term average since 1994. Year-to-date, driven by optimism around AI, the S&P 500 has rallied roughly 13%.
8 minutes ago
Trump pressures the Federal Reserve again; Kevin Hassett denies taking over Tim Cook’s post, says September may either hold rates steady or cut them.
U.S. National Economic Council Director Kevin Hassett on Monday responded to the controversy over the effort to remove Federal Reserve Governor Lisa Cook, calling the matter a "law enforcement issue" and declining to comment on the details of the allegations. When asked about speculation that he might replace Cook as a Fed governor, Hassett firmly denied: "No, I assure you that will not happen." Hassett also shared his views on monetary policy, saying that if he were currently serving as a Fed official, given that supply-side momentum remains strong and recent inflation data has cooled, he would choose to hold interest rates steady or cut them at the September policy meeting. Earlier, the Trump administration launched the process to remove Cook, accusing her of housing reporting issues when applying for a mortgage in 2021. The White House has demanded that Cook respond to the allegations by August 26, and said it is considering removing her from office. Cook and her lawyers have denied all the allegations, calling them "unfounded" and stressing that Trump’s attempt to remove a Fed governor could undermine the central bank’s independence. In June, the U.S. Supreme Court ruled that Cook could remain in her position temporarily, holding that the prior removal process did not provide her with sufficient notice and an opportunity to defend herself. If the removal is successful, Trump will have the opportunity to nominate a new Fed governor, further influencing the direction of future monetary policy.
8 minutes ago
Trader 0x2be3 closed the $KAITO long position 3 hours ago, taking a ~$1.98M loss.
Trader 0x2be3 closed the $KAITO long position 3 hours ago, taking a ~$1.98M loss.
8 minutes ago
The "Big Short" Michael Burry claims Berkshire Hathaway has limited future appeal.
According to market sources, renowned investor and "The Big Short" Michael Burry said he does not consider Berkshire Hathaway an attractive investment for the future. Burry is famous for successfully shorting the U.S. housing market ahead of the 2008 financial crisis, and his investment views have long been closely watched by the market. Currently, Berkshire Hathaway is led by the "Oracle of Omaha" Warren Buffett. The company owns assets spanning insurance, rail, energy and multiple industrial sectors, and is regarded as a representative of value investing by long-term investors. As of press time, Berkshire Hathaway’s shares were up 2.84% intraday, with a market capitalization of $1.15 trillion.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
BitTorrent has unveiled a long-term BTT token buyback and burn program that will use 100% of revenue from its decentralized services for quarterly market purchases starting in the third quarter of 2026.
Summary
BitTorrent will use all revenue from its decentralized services to buy back BTT every quarter starting in the third quarter of 2026. Repurchased BTT tokens will be permanently burned, with on chain transaction details published after each quarterly burn. The company said additional revenue from BTTInferGrid is expected to increase the funds available for future BTT buybacks. According to BitTorrent’s official announcement, all revenue generated by its decentralized services will be allocated to buying back BTT tokens on the open market every quarter, with the repurchased tokens permanently removed from circulation through scheduled burns.
📢 Announcement on the Launch of BTT Buyback Program
We are excited to announce the launch of BitTorrent’s long-term BTT Buyback Program starting in Q3 2026.
As part of this initiative, 100% of revenue generated from BitTorrent’s decentralized services will be allocated to… pic.twitter.com/h0hAMDLrRV
— BitTorrent (@BitTorrent) July 6, 2026 The company said the first round will begin with buybacks during the third quarter of 2026. The corresponding token burn is scheduled for the middle of October, when BitTorrent also plans to publish the total number of tokens destroyed, the percentage of total supply affected, and the on-chain transaction hash verifying the process.
Each quarterly burn report will be released during the middle of the first month of the following quarter, allowing users to independently verify the transactions on-chain, according to the announcement.
Under the program, the funding source will come entirely from revenue generated by BitTorrent’s decentralized services rather than treasury reserves or newly raised capital. The company added that revenue available for future buybacks is expected to increase following the launch of BTTInferGrid, which it said will contribute additional income to the ecosystem.
Instead of holding the repurchased tokens, BitTorrent said all acquired BTT will be transferred to a designated burn address, permanently removing them from circulation after each quarterly buyback cycle.
The announcement described the initiative as a long-term mechanism that ties token buybacks directly to operating revenue while providing publicly verifiable records of every burn.
BitTorrent and its products, including BitTorrent and µTorrent, serve more than 100 million active users and have been installed on over one billion devices. The platform became part of the TRON ecosystem after TRON acquired BitTorrent and its products in July 2018, adding blockchain capabilities to its decentralized file-sharing network.
Justin Sun-linked firms remain in focus The latest announcement comes weeks after another company linked to crypto entrepreneur Justin Sun drew attention over compliance-related actions.
In June, HTX delisted the USD1 stablecoin after stating that World Liberty Financial had frozen certain on-chain addresses associated with the exchange, prompting HTX to suspend USD1 trading and convert eligible balances into USDT at a one-to-one ratio.
World Liberty Financial said at the time that it maintained risk-based sanctions compliance controls, while HTX disputed any connection between the sanctioned Huobi Global S.A. entity and its current exchange operations.
In brief The settlement would require Rainberry, the company behind BitTorrent, to pay a $10 million civil penalty. The SEC would dismiss remaining securities and market-manipulation claims against Justin Sun and affiliated entities. The move comes amid a broader shift in U.S. crypto enforcement following leadership changes at the SEC. The U.S. Securities and Exchange Commission moved to partially resolve its long-running enforcement case against crypto entrepreneur Justin Sun and several related entities, according to a proposed final judgment filed Wednesday in federal court in New York.
Under the proposed order, Rainberry Inc., the company behind the BitTorrent protocol, would pay a $10 million civil penalty and accept an injunction barring it from engaging in deceptive practices in securities offerings.
In exchange, the SEC will dismiss its remaining claims against Sun and affiliated entities, including the Tron Foundation and BitTorrent Foundation. The dismissal would be “with prejudice,” meaning the agency cannot bring the same claims again.
In an emailed response, Tron representatives pointed to Decrypt to a public statement made by Sun on X.
"I am very pleased to confirm that the SEC has moved to dismiss all claims against me, Tron Foundation, and BitTorrent Foundation," Sun wrote Thursday. "Today’s resolution brings closure, but I never stopped building. I will continue to focus on accelerating innovation in the U.S. and around the world and look forward to working with the SEC to develop guidance and regulations for crypto going forward."
The filing represents a significant step toward closing a case first brought in 2023 that accused Sun and his companies of selling unregistered securities and manipulating the market for the TRX token through wash trading.
Rainberry agreed to the settlement without admitting or denying the allegations, a standard provision in SEC enforcement actions.
The proposed judgment must still be approved by a federal judge in the Southern District of New York.
The move comes as U.S. regulators appear to be recalibrating their approach to crypto enforcement following the departure of former SEC chair Gary Gensler, whose tenure was marked by an aggressive push to apply securities law across the digital-asset sector.
Sun has remained a prominent figure in crypto and has recently drawn attention for his links to World Liberty Financial, a crypto venture associated with allies of President Donald Trump.
The proposed settlement does not address those activities, but the case’s resolution would remove one of the most visible regulatory overhangs surrounding the Tron founder and his companies.
The dismissal of Sun’s case is "outrageous," according to Amanda Fischer, policy director and COO at financial-reform group Better Markets, who served as chief of staff to former SEC Chair Gary Gensler.
“Even though the SEC had overwhelming evidence against Sun and his crypto businesses, the commission today entered into a sweetheart settlement,” she told Decrypt. “It is a face-saving measure, given the scope and brazenness of Sun’s alleged fraud.”
She argued that the judge presiding over Sun’s case should reject the settlement, and Congress should conduct oversight of the SEC’s decision.
The SEC did not immediately respond to Decrypt's request for comment.
Editor's note: Adds comment from Amanda Fischer and Justin Sun's public statement.
Daily Debrief NewsletterStart every day with the top news stories right now, plus original features, a podcast, videos and more.
PANews reported on March 6th that, according to The Block, the U.S. Securities and Exchange Commission (SEC) has dropped its 2023 charges against TRON founder Justin Sun, the TRON Foundation, and the BitTorrent Foundation, based on a final ruling issued Thursday by the Southern District of New York court. Rainberry, the company behind the BitTorrent protocol and BTT token developed by Sun, was fined $10 million and agreed to never engage in fraudulent market practices. In 2023, the SEC accused Sun and related companies of selling TRX and BTT tokens without registration and manipulating the price of TRX through fraudulent trading. Rainberry's fine primarily targeted its alleged market manipulation. Since Trump took office, the SEC has dropped several lawsuits against cryptocurrency institutions.
Circle partners with Nomura Securities to enter the Japanese yen foreign exchange settlement service market.
Stablecoin issuer Circle plans to collaborate with Nomura Securities to launch instant foreign currency settlement for Japanese corporate clients as early as 2027. The initiative will enable large cross-border transactions to be completed immediately, aiming to boost cross-border investment and trade. This will mark the first entry of a major stablecoin issuer into Japan’s corporate transaction market, allowing companies to convert yen into US dollar-denominated stablecoins for investment and instant transfers.
1 minutes ago
Institutions' Preview: Overview of US May Core PCE Price Index Monthly Rate
The US May core Personal Consumption Expenditures (PCE) Price Index monthly rate will be released tonight at 20:30 (UTC+8). Below are the forecasts from multiple institutions: Sumitomo Mitsui Banking Corporation: 0.2%; Royal Bank of Canada: 0.2%; JPMorgan Chase: 0.3%; Goldman Sachs Group: 0.3%; Bank of Montreal: 0.3%; Moody's Corporation: 0.3%; Standard Chartered: 0.3%; UniCredit: 0.3%; ING Group: 0.3%; HSBC Holdings: 0.3%; BNP Paribas: 0.4%; Wells Fargo: 0.4%; Capital Economics: 0.4%; Citigroup: 0.4%; Deutsche Bank: 0.4%; Nomura Securities: 0.4%; Pantheon Macroeconomics: 0.4%; Société Générale: 0.4%; Scotiabank: 0.4%; Morgan Stanley: 0.4%
1 minutes ago
DA Davidson Raises Micron’s Price Target to $2,000, Retains Buy Rating
U.S. investment bank DA Davidson released a research note stating that Micron Technology has entered a new phase with one of the best performance visibility in the semiconductor industry, a stark contrast to its past standing in the sector. Driven by another quarter of results that handily exceeded expectations and positive forward guidance, Micron’s stock price surged sharply. These signals indicate that the current memory chip boom cycle is far from over. While the company is ramping up capacity investments (with capital expenditure (CAPEX) projected to hit $10 billion in the fourth quarter of fiscal 2026, which will bring additional supply), management expects the memory market to remain tight on supply and demand at least through 2027. Against this backdrop, DA Davidson reiterated its "Buy" rating on Micron and raised its price target from $1,500 to $2,000, equivalent to a 20x price-to-earnings (P/E) ratio based on the company’s 2026 calendar year expected earnings per share (EPS).
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Morgan Stanley raises Micron's price target to $1,200, maintains 'Overweight' rating.
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The US regulator has dismissed all claims against Sun, the Tron Foundation, and BitTorrent Foundation.
Justin Sun, the founder of the Tron Foundation, took it to X to announce that the claims against him made by the US Securities and Exchange Commission have been officially dismissed after reaching a $10 million settlement.
The lawsuit began during the height of the previous SEC administration’s war on crypto, when he and a few other parties were sued for several trading schemes.
Lawsuit Dismissed Sun outlined on X that he was “very pleased” with the decision made by the US regulator to dismiss all claims against him, the Tron Foundation, and the BitTorrent Foundation. He believes this move “brings closure,” but promised that he will continue building.
Sun added that the United States, which needs to become a global crypto hub as claimed numerous times by President Trump and his administration, will be a main focus in his future plans.
I am very pleased to confirm that the SEC has moved to dismiss all claims against me, Tron Foundation, and BitTorrent Foundation.
Today’s resolution brings closure, but I never stopped building. I will continue to focus on accelerating innovation in the United States and around…
— H.E. Justin Sun 👨🚀 🌞 (@justinsuntron) March 5, 2026
The decision to resolve the civil fraud case comes with a $10 million settlement, but Sun and his companies did not admit or deny any wrongdoing, said US District Judge Edgardo Ramos in Manhattan.
The Lawsuit Itself It began in 2023 when Sun was accused of organizing the unregistered sale of crypto securities tied to the TRX and BTT tokens and of manipulating trading volumes. According to the SEC, Sun attempted to artificially inflate the trading volume of TRX through wash trading schemes between April 2018 and February 2019, making employees of the Tron Foundation participate in more than 600,000 illegal trades using accounts controlled by them and the BitTorrent Foundation.
You may also like: SEC Delays Plans for Tokenized Stock Trading on Crypto Platforms Galaxy Digital and BitGo Clash in Court Over Failed $1.2 Billion Crypto Merger SEC Prepares to Allow Trading Tokenized Stocks on Crypto Platforms The agency also claimed that Sun sold a large portion of the TRX tokens on the secondary market and generated proceeds of “$31 million from illegal, unregistered offers and sales of the token (TRX).”
Two years after the lawsuit began, the US watchdog asked the federal court overseeing the case to issue a stay, which paused the proceeding. However, once the US administration changed, Sun became a major financial supporter of Trump-linked crypto ventures, purchasing billions of WLFI tokens, which made him the largest backer of World Liberty Financial.
Although TRX and BTT crashed immediately after the lawsuit began three years ago, the impact on the performance over the past 12 hours after Sun’s announcement has been minimal. TRX is 0.5% up on the day, while BTT is actually 1% down.
Rainberry Inc., the company behind BitTorrent, agreed to pay a $10 million settlement that ends a long-running case with the US Securities and Exchange Commission. The agreement lets the regulator dismiss its remaining civil claims against Justin Sun and affiliated foundations with prejudice, meaning the SEC cannot refile those specific charges.
Sun acquired BitTorrent and integrated it into his Tron blockchain ecosystem, linking Rainberry and the BitTorrent Token (BTT) to his crypto operations. Officials framed the settlement as closure rather than an admission of wrongdoing.
Settlement Reduces Regulatory Overhang For Crypto Projects Reports indicate the SEC’s case targeted allegations tied to token sales, trading practices, and unregistered offerings involving TRX and BTT. By resolving the matter through Rainberry’s payment, civil claims against Sun and the Tron Foundation were dismissed.
Analysts say the move clears a major legal hurdle and may reassure exchanges, investors, and partners that the immediate regulatory risk has been reduced.
The SEC letter to a Manhattan federal court on Thursday. Source: SEC Justin Sun’s Role And Statements On The Outcome Justin Sun and spokespeople emphasized that he did not admit wrongdoing. Sun framed the settlement as an opportunity to focus on product development, partnerships, and community engagement within the Tron ecosystem.
Public filings now reflect that Rainberry’s payment closes its portion of the case while reinforcing Sun’s ongoing leadership of the integrated BTT and TRX network.
The Chinese cryptocurrency entrepreneur Justin Sun reached a $10 million settlement to resolve a US Securities and Exchange Commission civil fraud case over his trading activity https://t.co/qJoSVO20WC
— Reuters (@Reuters) March 6, 2026
Traders Watch For TRX Price Breakout The market wasted no time reacting. Trading volume on TRX spiked on settlement news, though key resistance levels around $0.15 remained untested as of Thursday.
This caution is consistent with where TRX has been for the last 18 months. TRX, at the time of writing, was trading at $0.285, meaning that its value is not in line with the record number of transactions being made on chain.
TRX market cap currently at $27 billion. Chart: TradingView At this point, the market is still pricing in the potential risk of an SEC lawsuit and not valuing TRX for being the most used stablecoin network in the world.
Traders are viewing this settlement as lowering their legal exposure, and therefore will not consider this to be the “big” catalyst to move TRX up in price. Traders are chasing liquidity, depth of buy/sell orders, and the overall macro conditions of crypto when trading TRX.
From a legal perspective, it is important to note that although this particular case has now closed, public accusations of wrongdoing remain on record. As a result, both exchanges and custodians must continue to be vigilant in complying with regulations.
Foundations and Ecosystem Outlook The Tron Foundation has been focusing on developing technical solutions and providing support for projects within its ecosystem. The SEC settlement removes one of the obstacles to developing business and joint venture partnerships. However, restoring confidence in the ecosystem will take some time.
Featured image from Crosley Law, chart from TradingView
TLDR A three-year legal battle between the SEC and Tron’s founder Justin Sun concludes with a $10 million settlement agreement Rainberry Inc. will cover the financial penalty while allegations against Sun personally, Tron Foundation, and BitTorrent Foundation are dropped Neither Sun nor his affiliated entities admitted wrongdoing as part of the agreement The settlement comes after Sun committed $75 million to World Liberty Financial, a Trump-associated cryptocurrency venture A federal judge must still grant final approval for the settlement to become official Back in March 2023, the SEC initiated legal action against Sun and his business entities, claiming they offered unregistered securities via Tronix and BitTorrent tokens. The regulatory body further alleged Sun orchestrated “manipulative wash trading” activities involving TRX and ran a celebrity endorsement campaign that concealed paid promotions.
The case implicated several high-profile figures, including musician Akon, Hollywood actress Lindsay Lohan, and social media personality Jake Paul. According to the SEC, these celebrities received compensation for promoting TRX and BTT tokens without disclosing the financial arrangement to their followers.
Throughout the proceedings, Sun maintained his innocence. His defense centered on the argument that the SEC lacked jurisdiction, characterizing the activities as “predominantly foreign conduct” beyond the reach of American securities law.
The settlement agreement stipulates that Rainberry Inc. — a Sun-affiliated entity connected to the Tron ecosystem — must remit a $10 million penalty. Additionally, Rainberry faces a permanent injunction against future securities law violations.
Charges against Sun in his personal capacity, alongside the Tron Foundation and BitTorrent Foundation, will be dismissed with prejudice. This legal term prevents the SEC from re-filing identical charges based on the same alleged conduct.
Neither party acknowledged fault or liability under the settlement’s terms.
Settlement Talks Began After Trump’s Return to Office Negotiations for a resolution commenced in early 2025 when the case entered a pause period. This timing coincided with Donald Trump’s January 2025 return to the presidency.
Months earlier, in November 2024, Sun had emerged as the primary financial backer of World Liberty Financial — a cryptocurrency initiative with connections to the Trump family. His initial token purchase totaled $30 million, which he subsequently expanded to $75 million. When factoring in unvested tokens, his position in the project approached $700 million by mid-2025.
Last month, three Democratic House members — Maxine Waters, Brad Sherman, and Sean Casten — voiced concerns about the case’s resolution. They cautioned that dismissing charges against Sun might “undermine investors’ confidence” in the SEC’s enforcement capabilities and suggested the situation resembled a “pay-to-play scheme.”
A Pattern of Dropped Crypto Cases Under New Leadership During Gary Gensler’s tenure as SEC chair, the agency pursued an aggressive enforcement strategy against cryptocurrency firms. Following Trump’s inauguration, however, the commission began unwinding or resolving numerous pending crypto cases.
Notable dismissals included proceedings against Kraken and Coinbase. Paul Atkins now serves as SEC Chairman.
The Sun matter remained active longer than comparable cases due to its inclusion of more severe allegations involving fraud and market manipulation, extending beyond mere registration infractions.
I am very pleased to confirm that the SEC has moved to dismiss all claims against me, Tron Foundation, and BitTorrent Foundation.
Today’s resolution brings closure, but I never stopped building. I will continue to focus on accelerating innovation in the United States and around…
— H.E. Justin Sun 👨🚀 🌞 (@justinsuntron) March 5, 2026
Following the settlement filing, Sun shared on X: “Today’s resolution brings closure, but I never stopped building.”
Final implementation of the settlement awaits approval from a federal court judge.
The SEC agreed to drop its long-running securities lawsuit against Justin Sun and Tron after a $10 million settlement tied to the promotion and trading of TRX and BTT tokens.
Posted March 6, 2026 at 7:16 am EST.
The U.S. Securities and Exchange Commission has reached a settlement in its lawsuit against Tron founder Justin Sun, bringing an end to a case that began in 2023. Under the agreement, Rainberry Inc., the company behind the BitTorrent protocol and the BTT token, will pay a $10 million civil penalty and agree not to violate securities laws in the future.
In exchange, the SEC will dismiss all claims against Sun, the Tron Foundation, and the BitTorrent Foundation. The dismissal is with prejudice, meaning the regulator cannot bring the same allegations again. The proposed settlement still requires approval from a federal judge.
This story is an excerpt from the Unchained Daily newsletter.
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The original lawsuit accused Sun and his affiliated companies of selling unregistered securities through TRX and BTT tokens, as well as manipulating the price of TRX through wash trading and paying celebrities to promote the tokens without proper disclosure.
The resolution arrives as the SEC has scaled back several crypto enforcement actions over the past year. Sun said the outcome brings closure and that he plans to continue building while working with regulators on clearer rules for the industry.
The US Securities and Exchange Commission (SEC) has reached a resolution in its long-running case against cryptocurrency entrepreneur Justin Sun, permanently dropping all claims against him and the Tron Foundation. As part of the agreement, Rainberry Inc.—the company responsible for developing the BitTorrent platform and closely tied to the Tron network—will pay a $10 million civil penalty.
Court documents filed on March 5, 2026, outline the terms clearly. Rainberry faces a permanent injunction barring it from future violations of securities regulations.
In contrast, every allegation against Sun in his personal capacity, along with the Tron Foundation and BitTorrent Foundation, has been dismissed with prejudice.
This legal step prevents the regulator from reopening the same issues later. Neither Sun nor the entities admitted any wrongdoing.
The case originated in March 2023, when the SEC accused the group of distributing TRX and BTT tokens through unregistered offerings and airdrops. Regulators also alleged a scheme of wash trading to inflate secondary-market volumes and undisclosed payments to celebrity promoters.
The settlement brings a swift close to these claims without imposing personal sanctions on Sun himself.
Sun welcomed the news on social media, describing the outcome as welcome closure
He reaffirmed his ongoing focus on building blockchain solutions and voiced willingness to collaborate with the SEC on developing practical guidelines for the industry moving forward.
This resolution arrives at a pivotal moment when U.S. oversight of digital assets is undergoing a noticeable evolution.
Regulators, once known for broad enforcement sweeps, are increasingly emphasizing balanced frameworks that support technological progress.
A string of favorable court outcomes for major participants has highlighted this trend.
Ripple Labs, for example, secured important clarifications in its multi-year dispute: courts ruled that programmatic sales of XRP on exchanges did not qualify as securities transactions.
Appeals concluded in 2025 with sharply reduced penalties, the dissolution of prior restrictions, and finality that preserved the company’s operational flexibility.
Similar lighter-touch resolutions involving other prominent firms have reinforced the pattern.
These developments, alongside 2025 legislative steps establishing clearer rules for stablecoins and digital-asset market structures, demonstrate a deliberate pivot.
Policymakers now appear committed to creating predictability that encourages responsible innovation rather than stifling it through prolonged litigation.
For the Tron network, the decision eliminates lingering uncertainty and allows teams to concentrate on scaling decentralized applications, cross-chain interoperability, and real-world utility in payments and content distribution.
Market participants view the outcome as further proof that regulators are calibrating their approach to nurture growth while maintaining investor safeguards.
As the cryptocurrency sector matures, pragmatic settlements like this one are expected to build confidence among builders and capital providers.
The shift signals a regulatory environment better aligned with fostering the next wave of blockchain advancement, potentially drawing more institutional interest and accelerating mainstream integration across global finance. With clarity replacing confrontation and so-called regulation by enforcement under form SEC Char Gary Gensler, the path forward looks considerably brighter for projects committed to long-term value creation.
BitTorrent Chain has upgraded the BTTC Bridge record page with dual views, richer filters and clearer tags so users can track incoming, outgoing and cross-chain flows faster.
Summary
BitTorrent Chain has upgraded the BTTC Bridge transaction record page with new dual views and filters for cross-chain users. The update separates “All Records” from “In Progress” activity and adds multi-dimensional search by status, type and custom date range. Incoming, outgoing and cross-chain transactions now carry clearer visual tags to make following asset flows easier. BitTorrent Chain has rolled out a functional upgrade to the BTTC Bridge transaction record page, aiming to give cross-chain users a clearer view of where their funds are and where they are going. According to the project’s official update, the new interface is now live and is designed to make tracking deposits, withdrawals and cross-chain moves “more efficient and transparent” for everyday users.
The refreshed page introduces a dual-view mode that splits activity into “All Records” and “In Progress,” allowing people who regularly move assets between BTTC, Ethereum, Tron and BNB Chain to quickly distinguish between completed and pending transfers. The team has also added a multi-dimensional filtering tool that lets users combine transaction status, operation type and custom date ranges in a single query, cutting down the time it takes to locate a specific bridge event.
BTTC pushes UX upgrades as cross-chain volume grows As part of the same upgrade, BTTC says the bridge page now features stronger, dedicated markers for incoming, outgoing and cross-chain activities, visually flagging the direction and nature of each transaction. The goal, according to the team, is to help users “quickly locate the flow of funds,” a recurring pain point for less technical participants navigating multi-chain asset movements.
The latest tweak builds on a broader interface overhaul completed in late March, when BTTC redesigned the bridge to incorporate user feedback and streamline the overall flow. That earlier upgrade allowed users to send assets from BTTC addresses back to Ethereum without paying extra bridge fees beyond standard gas costs, while keeping the process fully decentralized and ensuring that private keys and asset details stay out of third-party hands.
BitTorrent Chain positions BTTC as a cross-chain layer connecting networks such as Tron, Ethereum and BNB Chain using a lock‑and‑mint bridge model, with the bridge itself sitting at the heart of that interoperability push. Its recent 2.0 mainnet upgrade to a proof‑of‑stake design, highlighted in BitTorrent’s own roadmap, was pitched as a way to boost throughput and make cross-chain transfers more reliable as volumes grow.
In previous crypto.news coverage of exchange and wallet UX improvements, reporters have noted that clearer transaction histories and better labeling can directly reduce support tickets, user errors and perceived security risks in cross-chain systems. BTTC’s latest bridge record upgrade moves in that same direction, giving power users more granular filters while offering newcomers a cleaner, less intimidating window into their on-chain activity.
Binance to Cease Support for BTTC and TRX Deposits and Withdrawals on BSC Network on June 24
PANews, June 17 – According to an official announcement, Binance will cease support for deposits and withdrawals of the following designated tokens on the specified networks at 16:00 (UTC+8) on June 24, 2026: BitTorrent (BTTC) via BNB Smart Chain, and TRON (TRX) via BNB Smart Chain. After 16:00 (UTC+8) on June 24, 2026, deposits of the designated tokens via the above networks will not be credited to accounts and may result in asset loss.
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Circle and Nomura Plan to Launch Stablecoin Settlement Service in Japan, Earliest Launch as Early as 2027
BTTInferGrid is a decentralized GPU computing network purpose-built for AI inference. By bridging the global supply of idle GPU capacity with the surging demand for AI workloads, BTTInferGrid delivers an open-access, verifiably secure, and pay-as-you-go computing infrastructure for AI developers worldwide.
On June 17, BitTorrent, a pioneer in decentralized technology, announced the strategic launch of BTTInferGrid to capture the rapidly growing AI inference market. Utilizing a decentralized, edge-computing architecture, the platform aggregates fragmented, underutilized GPU resources globally. By eliminating friction between hardware providers and AI developers, BTTInferGrid offers a highly scalable inference engine featuring plug-and-play access, on-chain verification of computation results, and flexible utility-based billing.
By leveraging decentralized orchestration, BTTInferGrid solves the inherent bottlenecks of traditional centralized cloud providers, such as high-concurrency latency and rigid pricing models during demand spikes. On the supply side, the network redefines the economics of idle hardware, optimizing resource allocation across the entire computing ecosystem.
This launch marks a strategic expansion of BitTorrent’s utility beyond its core BitTorrent File System (BTFS) storage protocol. By combining its proven expertise in large-scale decentralized resource scheduling with high-performance computing, BitTorrent is positioning itself as a foundational infrastructure layer for the decentralized AI era.
From Training to Inference: BTTInferGrid Reengineers the AI Compute Supply Chain The structural demand for AI compute is undergoing a fundamental shift from training to inference. BTTInferGrid is launching at this critical juncture to transform the supply side through its decentralized infrastructure, addressing prohibitive costs and resource bottlenecks to deliver cost-effective, high-performance compute.
Industry consensus projects that over 70% of future AI compute workloads will be dedicated to inference—the critical phase where AI models transition from development to production-grade deployment. While training is a one-time capital expense, inference is a continuous operational cost that directly impacts user experience and business viability. Oracle forecasts that the inference market will ultimately dwarf training in scale. Academician Zheng Weimin also notes that the vast majority of computing power is now consumed during daily user interactions with large models. This is reflected in operational budgets: inference now accounts for up to 95% of LLM compute expenses. Daily costs reach $700,000 for legacy platforms like ChatGPT, while even optimized models like DeepSeek V3 incur $87,000 daily.
As AI development democratizes, expanding beyond tech giants to millions of independent developers, traditional centralized infrastructure is failing on three fronts:
1. Inflexible Allocation vs. Volatile Workloads: Inference demand is inherently spiky, with peak-to-trough utilization ratios fluctuating by orders of magnitude within a single day. Centralized data centers force operators into a costly dilemma: over-provision hardware to guarantee peak availability—resulting in expensive idle capacity—or under-provision and risk service degradation. This systemic inefficiency, compounded by massive data center overheads like power and maintenance, keeps rental costs artificially high.
2. Prohibitive GPU Pricing Hinders Innovation: Despite the surge in open-source models, practical deployment remains constrained by the cost of stable, accessible hardware. Rather than scaling down, GPU access costs have surged. On specialized clouds, secondary market rates for mainstream H100 GPUs rose from $1.70/hour in October 2025 to $2.35/hour in March 2026—a nearly 40% spike that leaves developers with sophisticated models but no viable compute to run them.
3. Supply-Demand Mismatch and Isolated Compute Pools: A massive volume of GPU capacity sits idle within private networks, academic labs, and regional data centers worldwide. Due to the lack of standardized access and unified orchestration, these scattered resources remain locked out of the global inference market. This creates a market paradox: developers face chronic hardware shortages while vast reserves of computing power sit dormant.
In summary, the AI inference market is trapped in a triple squeeze: rigid centralized architectures lack elasticity, skyrocketing GPU rental fees stifle innovation, and fragmented global compute remains stranded. To break this deadlock, BTTInferGrid leverages decentralized technology to offer a new solution.
Specifically, the platform dismantles centralized monopolies and infrastructure bottlenecks by establishing a direct, decentralized corridor between global developers and idle GPU resources. First, BTTInferGrid aggregates fragmented, underutilized hardware into a highly unified and open-access computing commons. Second, it bypasses legacy intermediaries to eliminate artificial entry barriers and opaque pricing, facilitating a frictionless transaction environment. Driven by robust DePIN incentives and coordination protocols, the network guarantees continuous access to high-performance, cost-effective inference capacity, neutralizing stifling financial barriers and supply constraints at the source.
BTTInferGrid: Redefining Computing Power Allocation with a Decentralized Network for AI Inference BTTInferGrid is architected with a singular mission: to establish the definitive decentralized infrastructure for AI inference. By bridging the global divide between idle GPU supply and escalating inference demand, the platform provides a permissionless gateway to high-performance compute that pairs verifiable execution with a flexible, pay-as-you-go model.
Leveraging a robust DePIN architecture, BTTInferGrid empowers both sides of the AI computing marketplace:
On the supply side, it aggregates fragmented, idle GPUs to build an open, shared computing foundation. Powered by tokenized incentives and intelligent routing, the network enables resource providers to seamlessly monetize their idle hardware—transforming it into yield-generating assets while ensuring a stable, scalable supply of compute. On the demand side, it equips global AI developers with accessible, on-chain verified, and on-demand inference services. Compared to traditional centralized cloud providers, BTTInferGrid delivers a highly cost-efficient and scalable alternative. This significantly lowers the barrier to entry for small and medium-sized teams, accelerating product development cycles while funneling value back into the supply-side ecosystem. BTTInferGrid is driving a powerful, self-sustaining growth flywheel: an expanding network of idle GPU nodes drives down computing costs, which in turn accelerates developer adoption. This surging demand further incentivizes new hardware suppliers to join the ecosystem, ultimately transforming scarce, high-cost AI computing power into an inclusive, on-demand decentralized infrastructure.
While most decentralized GPU platforms are currently hindered by prohibitive barriers to entry, opaque service reliability, and unsustainable business models, BTTInferGrid is engineered from the ground up to deliver three strategic breakthroughs, establishing a clear competitive edge:
1. Permissionless Access and Rapid GPU Aggregation: Any individual or organization possessing idle GPUs that meet baseline performance and reliability standards can seamlessly connect to the network. This friction-free approach drastically lowers supply-side barriers to entry, rapidly consolidating distributed global compute into a unified network.
2. Verifiable Service Quality and Trustless Execution: To overcome trust deficit inherent in distributed networks, BTTInferGrid leverages advanced blockchain architecture to cross-validate all participant behavior. By integrating intelligent task routing, cryptographic spot checks, dynamic reputation scoring, and smart contract-based incentive and slashing mechanisms, the network effectively neutralizes fraud risks and ensures that all AI inference outputs are reliable, tamper-proof, and highly verifiable.
3. Demand-Driven Economics for a Sustainable Ecosystem: BTTInferGrid is anchored by authentic AI inference demand and performance-based node incentives. Rather than relying solely on inflationary token emissions, compute suppliers generate real yield directly from developers paying for active network utilization. This utility-first mechanism mitigates speculative farming, ensuring the robust, long-term viability of the ecosystem.
The strategic breakthroughs achieved by BTTInferGrid—dismantling traditional barriers to entry, mobilizing global idle GPUs into a borderless computing grid, and engineering an end-to-end trustless verification loop—are fundamentally redefining the decentralized compute landscape. By anchoring its tokenomics strictly to authentic AI demand, the network pioneers a new standard for how computing resources are aggregated, verified, and equitably monetized.
The BTTInferGrid Roadmap: Scaling on Real-World Demand BTTInferGrid is more than a hardware aggregator; it is a full-stack decentralized compute protocol that seamlessly integrates intelligent task routing, dynamic supply-and-demand matching, and automated on-chain settlements.
The ecosystem is powered by the synergy of three core participants. Compute Providers (Miners) provision their idle GPUs to the network in exchange for tokenized rewards; Compute Requesters (AI Developers) access scalable computing power via unified APIs; and Validators verify service quality and enforce consensus to maintain network integrity. This tri-party architecture delivers cost-efficient, reliable AI inference for developers while generating sustainable, utility-backed yield for hardware providers.
BTTInferGrid follows a clear, robust, demand-driven phased launch strategy. Rejecting the industry trend of unsustainable, brute-force expansion, the network prioritizes optimal resource utilization, economic viability, and the systematic scaling of its technical architecture.
Phase 1: Network Bootstrapping (2026)Onboard core nodes and validate distributed inference services. The primary objective is to scale the GPU node network and successfully navigate the cold-start phase. Phase 2: Ecosystem Diversification (2027)Strengthen network stability and privacy while expanding support for diverse AI model architectures. During this phase, the protocol will broaden its utility to accommodate complex scenarios, including decentralized model fine-tuning. Phase 3: Foundational AI Infrastructure (2028 and beyond)Establish BTTInferGrid as a native Web3 infrastructure layer, providing scalable compute for large-scale AI applications. The ultimate vision is the seamless convergence of decentralized compute, storage, and smart contracts into a unified ecosystem. At launch, the network will prioritize professional-grade GPUs. To ensure initial stability, supply-side onboarding (miners) will initially be a permissioned process, while developers will retain seamless, on-demand access to inference services. BTTInferGrid will subsequently evolve into a fully permissionless supercomputing grid, supporting consumer, professional, and data-center-grade GPUs through a performance-based tiered pricing model. Node operators will benefit from open access secured by a staking mechanism to guarantee Service Level Agreements (SLA). Simultaneously, developers will gain access to unified APIs compatible with major model formats and inference frameworks, ensuring maximum deployment flexibility.
Crucially, BTTInferGrid is built on the battle-tested foundation of BitTorrent and the BitTorrent File System (BTFS). Having operated at a global scale, BTFS has already validated the DePIN model, demonstrating mature capabilities in hardware orchestration, tokenomic incentives, on-chain settlements, and decentralized governance. As the flagship initiative for BitTorrent’s expansion into Web3 AI, BTTInferGrid represents an evolutionary upgrade of the BTFS ecosystem. By migrating these proven operational frameworks into the AI inference domain, BTTInferGrid leverages a significant structural advantage to drive rapid, sustainable growth.
Disclaimer: TheNewsCrypto does not endorse any content on this page. The content depicted in this Press Release does not represent any investment advice. TheNewsCrypto recommends our readers to make decisions based on their own research. TheNewsCrypto is not accountable for any damage or loss related to content, products, or services stated in this Press Release.
As the market anticipates an imminent bull rally, ChatGPT recommends the top five altcoins under $0.01 for a profitable $1,000 investment.
Despite the recent turbulence in the crypto market, investors remain confident about seeing a massive bull rally before the end of the 2024/2025 season.
Several analysts believe this season will usher in the most significant bull cycle ever since the inception of the crypto market.
This optimism is fueled by multiple events this year, including the introduction of Bitcoin spot-based exchange-traded funds (ETFs) and the recently concluded Bitcoin halving.
These events usually serve as catalysts for potential massive bull runs. In anticipation of this massive run, investors seek good and affordable crypto projects that could participate in the upcoming rally.
Top 5 Altcoins Under $0.01 For a $1,000 Investment Consequently, we queried ChatGPT to highlight the top five altcoins under $0.01 suitable for an investment of $1,000.
Shiba Inu (SHIB) The AI chatbot ranked Shiba Inu (SHIB) at the top of the list. ChatGPT recommended that the investor allocate a capital of $300 to the canine-themed token for a chance to record huge returns.
At the current price of $0.00002512, a $300 investment in Shiba Inu today would give 11,942,675 (11.94 million) SHIB tokens.
According to ChatGPT, the reason behind SHIB’s selection is that Shiba Inu has a strong community and boasts high liquidity. Another reason why ChatGPT selected Shiba Inu as a suitable investment opportunity is due to SHIB’s potential for growth based on its market trends and community activities.
At press time, Shiba Inu is ranked as the 11th-largest cryptocurrency, with a market cap of $14.75 billion. SHIB boasts a 24-hour trading volume of $409.65 million.
Holo (HOT) Holo (HOT) is the second recommendation on ChatGPT’s list of crypto assets under $0.01 for a $1,000 investment. For context, Holo is an ERC-20 token redeemable for the upcoming HoloFuel token, which will be used to pay costs for services within the Holochain. Of the $1,000 capital, ChatGPT recommended that the investor should invest $250 into HOT.
At the current price of $0.00228, a $250 investment in Holo today would give 109,649 HOT tokens.
The reason behind HOT’s selection is that the asset offers a new approach to decentralized applications, with an emphasis on scalability and data integrity. Holo is ranked as the 170th-largest cryptocurrency, with a market cap of $394.62 million.
BitTorrent (BTT) Launched in 2001, BitTorrent is a decentralized data-sharing platform. In 2018, Tron acquired BitTorrent, which has since bolstered its decentralization. ChatGPT highlighted BitTorrent’s native token, BTT, as the third altcoin under $0.01 suitable for an investor with a $1,000 capital.
The chatbot advised that the investor commit $200 out of the $1,000 capital. This $200 investment would fetch 163,666,121 (163.66 million) BTT tokens at the current price of $0.000001222 per token.
BTT’s selection is due to its integration with the Tron blockchain and its utility in the decentralized file-sharing sector. It is currently ranked as the 73rd-biggest cryptocurrency, with a market cap of $1.18 billion.
Siacoin (SC) ChatGPT highlighted Siacoin as the fourth altcoin under $0.01, which is suitable for an investor with a capital of only $1,000. For the uninitiated, Siacoin is the native token of the prominent blockchain-based cloud storage crypto project Sia.
ChatGPT recommends that investors only channel $150 out of the $1,000 capital. With SC changing hands at $0.007335, one can acquire 20,449 Siacoins using $150. The token has a market cap of $413 million, which places it as the 159th-biggest crypto.
Electroneum (ETN) The last recommendation in the list is Electroneum (ETN). It boasts a market cap of $53.97 million, ranking it as the 589th-largest cryptocurrency. According to ChatGPT, investors with a $1,000 capital can allocate $100 to ETN. At the current rate of $0.003, one can purchase 333,333 ETN tokens with an investment of $100.
ChatGPT added ETN to the list of altcoins under $0.01 for a $1,000 investment due to Electroneum’s focus on mobile-based payments and microtransactions. The chatbot also expects Electoreum to give investors huge returns due to its role in providing financial inclusion to the unbanked population.
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
Chia Network (XCH), which uses a novel consensus mechanism for running its blockchain, has made progress toward getting its stock trading through an initial public offering, its CEO said Thursday.
The company confidentially filed an amended S-1 form with the U.S. Securities and Exchange Commission at the end of March, after the regulators sent a comment letter to the company, CEO Gene Hoffman said at a conference hosted by law firm Brown Rudnick in Manhattan. However, there is still no firm timeline for the IPO since the company wants to wait for the right market conditions, he later told CoinDesk.
Chia revealed in April 2023 that it wanted to go public, though its IPO plans took a detour because of financial distress at Credit Suisse, its underwriter. That led to Chia laying off a third of its staff in October.
Chia was founded by Bram Cohen, who invented the BitTorrent peer-to-peer filesharing technology. Unlike Bitcoin, which uses proof-of-work to run its blockchain, and Ethereum, which uses proof-of-stake, Chia uses proof-of-space and proof-of-time, which, in short, involves the allocation of computer storage on machines around the world.
Hoffman said Chia is planning to roll out a bridge for Circle's USDC stablecoin in the coming months, as well as additional infrastructure projects.
HTX, a leading global cryptocurrency exchange, is leading the charge in a unique dual celebration on May 22, as Bitcoin Pizza Day coincides with the Trump Dinner.
This moment, where history meets the present, is drawing global attention. In celebration of this special occasion, HTX has proudly partnered with diamond sponsors JUST Protocol, SunPump, APENFT, BitTorrent, and WINkLink, alongside platinum sponsors Levva and ChainGPT, to launch a series of Pizza Day-themed promotions across multiple business lines, including Spot, Futures, Earn, and Community, boasting a total prize pool of nearly 1 million USDT. Whether you’re a new or existing HTX user, you’ll discover exclusive opportunities and exciting benefits throughout these events.
Event 1: HTX Pizza Day Celebration: 200,000 USDT in Surprise Gifts with Seven Project Partners Get ready for Pizza Fest! From May 13 to May 26, HTX is joining forces with seven esteemed partner projects—SunPump, APENFT, JUST Protocol, WINkLink, BitTorrent, Steem, and MEVerse—to deliver a 14-day Pizza Day Celebration packed with over 200,000 USDT in Surprise Gifts. During the event, users can claim daily gifts on the HTX App, distributed at 02:00 (UTC) daily. On May 22 at 12:00 (UTC), Bitcoin Pizza Day, HTX will drop even more Surprise Gifts featuring bigger rewards, distributed in the form of tokens, Cashback Vouchers, Futures Trial Bonuses, Margin Interest Vouchers, and APY Booster Coupons.
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From May 20 at 10:00 (UTC) to May 25 at 10:00 (UTC), HTX invites both new and existing users to join the four-tiered rewards event and share a total prize pool of up to $200,000. See below for details:
1. New users who sign up and complete any spot, futures, or margin trade during the event will receive a welcome package that includes a 20 DOGE airdrop, APY Booster Coupons for SmartEarn, and Margin Interest Vouchers.
2. Users will receive 15 USDT for their first successful referral. By inviting more friends, they’ll unlock Mystery Boxes worth up to 1,500 USDT each, containing popular cryptos like $BTC, $TRUMP, and $HTX. Additionally, they can earn up to another 1,500 USDT when their invitees reach the trading volume target.
3. Eligible returning users who complete spot trading on HTX will have a chance to win BTC in a lucky draw. Additionally, after funding their USDT-M Futures account, they can earn APY Booster Coupons for SmartEarn.
4. Users who trade designated cryptos in spot or futures, or create spot grid trading strategies, will have a chance to share $30,000 in $HTX.
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From May 16 at 02:00 (UTC) to May 23 at 15:59 (UTC), HTX Square is launching a quiz challenge where users can win rewards. Participants who follow HTX Square in the HTX Community and answer all the quiz questions correctly will have the opportunity to share the 200 USDT prize pool.
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Event 4: HTX Earn Bonanza for BTC Pizza Day: Enjoy Up to 10% APY on Popular Assets Celebrate Bitcoin Pizza Day with the HTX Earn Bonanza from 16:00:00 (UTC) on May 19 to 16:00:00 (UTC) on May 25. HTX is launching this special campaign featuring Earn products for both new and existing users. First-time subscribers at HTX Earn can enjoy New User Exclusive products with 100% APY. All users can subscribe to Fixed, Flexible, and Shark Fin products with 14 designated cryptocurrencies, including USDT, and earn up to 10% APY on HTX Earn. Additionally, participants who meet the net subscription increase requirement will each receive a 5% APY Booster Coupon for the USDT Flexible product.
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Event 5: HTX Affiliates Pizza Day Special: Team Up & Trade with Your Invitees to Win a Full Case of Kweichow Moutai Celebrate Bitcoin Pizza Day with the limited-time HTX Affiliates Special Event, running from 10:00 (UTC) on May 20 to 10:00 (UTC) on May 25. HTX Affiliates can refer friends to sign up using an exclusive invitation link or code and form a trading team with invitees. Once the team reaches the required trading volume, rewards will be unlocked. The top prize is a 6-bottle case of Kweichow Moutai Flying Fairy.
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Event 6: HTX Convert Contest Now Live with 10,000 USDT Up for Grabs Don’t miss the HTX Convert Contest! It runs from 16:00:00 (UTC) on May 14 to 15:59:59 (UTC) on May 31. Trade designated cryptos on HTX Convert and reach a total trading volume of ≥500 USDT during the event to qualify for a share of the 5,000 USDT prize pool, with the top individual reward of up to 1,000 USDT. Complete 10 or more trades to unlock an additional prize pool — the more trades made, the bigger the share. Additionally, first-time converters on HTX Convert can also join an exclusive 2,000 USDT prize pool for new users, with up to 20 USDT per person available.
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May 22 isn’t just about commemorating Bitcoin’s first “real-world transaction”; it is also a day for the global crypto community to celebrate the growth of the crypto industry and to share in its rewards. To honor this special day, HTX is launching a multifaceted celebration featuring diverse events that boost user engagement, elevate the festive atmosphere, and fully showcase the platform’s dynamic ecosystem.
Pizza’s on the table and the party’s heating up. Join HTX today and experience the biggest crypto event of the year!
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, HTX harbors global capabilities that enable it to provide users with safe and reliable services. Adhering to the growth strategy of “Global Expansion, Thriving Ecosystem, Wealth Effect, Security & Compliance,” HTX is dedicated to providing quality services and values to virtual asset enthusiasts worldwide.
To learn more about HTX, please visit HTX Square or https://www.htx.com/, and follow HTX on X, Telegram, and Discord.
As data has become synonymous with “digital gold,” it’s no wonder the demand for access to real-time data is skyrocketing. On the same side, as Web 3 or decentralized technologies are emerging, the shortcomings of centralized services within the Web3 stack are being addressed.
Streamr is among such decentralized projects that provide a real-time data infrastructure as it allows data to travel via a global peer-to-peer network that is scalable, robust, and permissionless. Streamr sets itself apart through the use of blockchain technology for data sharing.
Streamr’s real-time data delivery system operates through the help of a P2P or a Peer-to-Peer network in a pub-sub fashion. Pub-sub or Publish-Subscribe is an asynchronous communication model that supports scalable and reliable communication.
Similar to BitTorrent, Streamr is a network of nodes that can pipe messages to one another without intermediaries. However, the key difference between the two is that Streamr is for real-time data streams, whereas BitTorrent does not operate real-time data streams.
Background of Streamr Launched in 2017, Streamr was launched by the founders of Streamr, who believed there needed to be a way to connect billions of devices with real-time data through the help of a decentralized network.
The importance of real-time data must be addressed, particularly due to the growth of DePIN or Decentralized Physical Infrastructure Networks. This is because DePIN helps to move the work of large data centers to non-technical people around the globe, ultimately bringing in huge benefits, particularly of trust.
DePIN is owned and operated by users, making it neither a public nor a private infrastructure. DePINs allow for building real-time data ecosystems, giving stakeholders the power to add value and additional services that help to support the ecosystem.
At the same time, for the development of a decentralized future, real-time data is needed as this helps to power decentralized applications or dApps. DApps need external data to function, and if they remain dependent on the existing centralized data networks, dApps will eventually become liable to all the existing problems that are present in Web 2.
These liabilities include user data being susceptible to cyber attacks, power remaining in the hands of a few, a complete lack of robustness, misuse of private data, monopolistic positions that cause inflated costs, and the risk of a single point of failure.
These issues bring serious concerns to not only the development of decentralized applications but the entire decentralized internet or Web 3, where the promise is to give users more power over their data through decentralization.
Development of StreamrWhile an ecosystem of decentralized P2P networks already exists, Streamr development takes a completely different approach, focusing on real-time data. Through the help of this real-time data, anyone can publish events on data streams, and anyone can subscribe to streams.
First and foremost, Streamr is a P2P network that utilizes a Pub-sub messaging pattern, including one-to-many, many-to-many, or many-to-one streaming. This allows DePIN builders to build in a UP, ACROSS, or BROADCAST fashion, depending upon the different use cases.
For example, DIMO, which is an open and user-owned IoT network that uses Streamr, is built in a UP fashion from Miner to Network. With the help of DIMO, developers can easily access barometric pressure, temperatures, and other weather-related data in real-time. This gives developers who require weather data to power their applications an ideal solution.
In the future, DIMO plans to build in an ACROSS fashion, giving miners more flexibility to connect. This will help to ensure that DIMO’s data stream is completely decentralized and not owned or controlled by any centralized authority.
Streamr 1.0, which is the final milestone in Streamr’s original 2017 roadmap, means when it is implemented, it will lead to the implementation of the network tokenomics, meaning the network is fully decentralized. Anyone can now set up an operator node, and delegators can now delegate their tokens to the operator node.
The Network Tokenomics of $DATAWithin the Streamr Network, both data publishers and subscribers are Nodes in a P2P network.
Nodes that are involved in a stream of data connect one another in a certain way, ultimately helping to form the stream’s topology through which the main function of Streamr Network can be performed.
Therefore, every node that joins a stream does two things: it consumes the data and relays it onwards to other nodes interested in the stream.
To incentivize good nodes who ensure data flows robustly and stably, the honest and stable nodes are paid, forming the basis of Streamr Network Tokenomics. Streamr tokenomics works similarly to the gas price of Ethereum. In Ethereum, users are constantly in a battle to incentivize miners to execute their transactions faster.
On Streamr, users have to pay less or nothing at times if they are happy with the best-effort performance. They can also pay to incentivize nodes to make the stream more robust and secure.
However, it is important to note that Streamr Network tokenomics is not based on buying more access to data on The Hub. On the Network, users pay for infrastructure costs for data delivery. On the application layer, users pay for access to data content.
Users can use the Network for data delivery without using The Hub, similar to a person who can send and receive packages without ordering products or services from online stores.
Streamr Stack The Streamr infrastructure consists of a tech stack that helps to connect and incentivize computers within a global peer-to-peer network. The entire stack is built on top of a decentralized transport layer, which helps to ensure resilience, fault tolerance, robustness, transparency, openness that comes with decentralization, and community building.
To facilitate their goal, the Streamr stack offers the following multilayered technology stack:
Streamr HubThe Hub or Streamr Hub serves as an entry point for developers, helping them to create and connect with live streaming data. The Hub is a portal that leads directly into the Streamr Network and is a step forward towards a more consciously open data approach, all while ensuring it does not undermine any Web3 ethos.
Other than DIMO, there are several other projects on the Hub. The first includes Polygon, in which Polygon Validators are sharing their validator node’s live metrics. The second includes EthWatch, which broadcasts the live stream of Ethereum and Polygon contract events.
Other projects that are built using Streamr include Swash, Redstone, and Unbanks. In the DePIN space, they include MapMetrics, IoTeX, and Peaq Network apart from DIMO.
As the demand for AI is growing, Streamr hub has 90% of the features of an AI marketplace. The smart contracts can be extended to allow users to publish prompts that can get access to the output of a pay-to-access remotely run model.
In the end, the goal of the Streamr hub is to facilitate the discovery and the delivery of what type of data exists out there, give users a comprehensive toolkit for its creation along with its management, and make it simpler for the users to subscribe to a data stream of their choice.
Streamr Network Streamr Network acts as the “transport layer” of the entire Streamr stack. The network handles all messaging in a decentralized data pipeline. This layer consists of primitives known as events & streams and broker nodes.
The Streamr Nodes operate on primitives, and the collection of broker nodes consists of a P2P network that handles the decentralized messaging. The infrastructure layer, on the other hand, uses the Ethereum stack for its operations as node coordination requires robust consensus, which the smart contract implements.
Streamr network has multiple different parts, all of which play an important role in transporting data. These include:
EventsAn event is a timestamped piece of information that contains headers and content. Headers provide the metadata of the vent, which includes its timestamp, content type, and origin. The content gives information on what format the content is in. Both are encoded in a binary format.
StreamsAll of the events that occur are a part of the stream. They are grouped in a logically relatable manner and stored in an ascending order. The entire metadata is stored on Ethereum’s smart contract. Streams carry five different pieces of information, namely user ID, name, description, owner, and permissions.
Publish-SubscribeThe data delivery in the Streamr network follows the publish-subscribe paradigm. Events that occur are promptly delivered to all those who are authorized and subscribed to the stream. This can be limited depending on what kind of access the user has.
Partitioning (Sharding)To achieve scalability, not all the Streamr nodes handle all the traffic. This is because the event traffic within the whole network is divided into several independent parts called partitions. Each broker node handles traffic that belongs to a different set of partitions.
Node CoordinationStreamr uses node coordination, which acts as a key coordinator for the assignment of network partitions to broker nodes in the network. Node coordination also helps to maintain changes when nodes appear and disappear. Streamr network uses its underlying Ethereum network to establish consensus for node coordination in the P2P network.
IncentivizationStreamr incentivizes Operators (who act as the miners on Streamr) to do two things: report the checksums for their assigned partitions to the network and deliver the data to any smart contract subscribers. To incentivize, Streamr sends them $DATA.
Event PersistenceFor Streamr to turn its entire network into a decentralized time series database, the events in data streams persist in the P2P network. The achieved decentralization allows the Streamr network to achieve greater robustness, fault tolerance, anonymity, and lower costs.
Data ProvenanceTo ensure hackers do not manipulate data for their monetary advantage, the Streamr Network cryptographically signs a private key. This helps to attest to the data provenance and ensures that the events on the network always carry a signature that can be verified.
Data ConfidentialityAs anyone can participate in the Streamr network by running a node, all of the event payloads of non-public streams in the Streamr network are encrypted. This encryption is done with the help of asymmetric key cryptography. Such an approach, combined with the help of encryption, brings safety.
Streamr Smart ContractsWhile several Ethereum-based smart contracts support the Streamr Network and The Hub, the Streamr Network also uses its smart contracts. These smart contracts help to improve coordination, permissions, incentivization, and integrity checking.
StreamThe Stream smart contract is the main smart contract that holds static information and carries the permissions for the stream.
Stream RegistryThe stream registry contract holds important information about the known streams in the network.
Network CoordinatorThe network coordinator contract assigns partitions to broker nodes. These Streamr Nodes register themselves with the coordinator and receive updates on the network state by looking at the smart contract.
$DATALastly, in the Streamr stack is the $DATA token, which is a means of compensation between the data producers and consumers. It’s an ERC 20 token that ensures that the payments are handled securely. It also provides interoperability with different wallets and other tokens. $DATA has the following main jobs:
Implement a monetization mechanism for data producers, which helps them act as a data vendor to step in wherever necessary and help the community grow to everyone’s benefit.
$DATA is also an incentive for maintaining and operating a P2P network, as it takes resources, time, computing power, and communication bandwidth. Without such an incentive, Streamr Nodes will not participate, and the entire P2P network in which the real-time data runs will collapse.
The primary application of $DATA includes when developers and subscribers pay for the data they want to get access to using $DATA. Additionally, data producers and the network participants are reimbursed for their participation with $DATA securely and automatically. Tokens can also be earned by running a particular node and then staking $DATA tokens on that node.
Streamr reimburses staking awards through the help of a supply inflation process, which was decided through the help of the project’s governance. In Streamr 1.0, delegated staking was introduced, which allowed token holders to not only run a node but also stake their $DATA in return for a reward.
Stream sponsorships are the final milestone of the Streamr project, as they bring the long-awaited incentive layer that fully activates the $DATA token economy. As streams operate an overlay of the network, stream Sponsorships attract new nodes to join the network. With the help of this, the Streamr network will become more robust from external attacks.
It will also help to prevent the data loss which is caused by node churn. When churn nodes consistently join and leave the stream, it adds instability to the topology, thereby leading to disruption in the message flow.
In other words, through the help of Sponsorships, Streamr nodes will become bulletproof.
Sponsorships work through the help of a smart contract that will release funds over time to operators who have joined them. Sponsors will fund sponsorships, as they will be the ones to create them by defining the terms of engagement.
The smart contract will help to ensure the agreed terms are fulfilled, and then DATA tokens will be transferred. They must deliver on their promise to avoid losing their tokens.
Operators and DelegatorsOperators are Streamr node runners. Operators can join or leave a sponsorship at any given time as long as they agree to the penalties while signing up. Delegators, on the other hand, are the passive liquidity providers for Operators. In return, they will earn revenue from well-performing operators.
The lifecycle of the Stream sponsorship will comprise 5 different steps and is as follows:
Firstly, a sponsorship smart contract will be created, which will describe all policies and parameters. Secondly, sponsors will pay DATA tokens on the agreed terms. Thirdly, operators will join sponsorship by staking on it. Fourth, Operators will join the sponsored stream network and relay data in the stream.
In the last step, if or when the sponsorship runs low on tokens, they can either be “topped up” or the reward will be given based on the configured emission rate. This process will ensure sponsorship contracts act as a decentralized mechanism that helps to manage a stream of earnings distributed within different operators.
Advantages over competitorsThe unique selling point of Streamr is that it provides a real-time data infrastructure of the decentralized web or Web 3, which already sets it apart from its competitors. There are several other advantages that Streamr brings, but other decentralized data storage projects are unable to do so. Some of these include:
Ease of miningUnlike Filecoin, which is one of Streamr’s primary competitors, users have an ease of mining and become a part of the network. In the case of Filecoin, users have to purchase expensive hardware. In addition, users also need to have some experience in systems deployment and administration, which makes it extremely difficult for non-technical people to enter.
In the case of Streamr, the barrier to entry is kept as minimum as possible as the project believes that’s the only way for the blockchain ecosystem to grow.
Fair token distributionThere’s an ever-existing fear of FIL, which is the native token of the Filecoin network to be dumped by its advisors. This is because, at the time of the launch, almost half of FIL supply was given to the advisors at half its existing price. In fact, Filecoin community members alleged 2020 token dumping when an unknown account received 1.5 million FIL tokens.
Meanwhile, Streamr has ensured the supply of its $DATA is done reasonably.
Non-DiscriminativeAnother key area that helps Streamr set itself apart from other projects is that it maintains a neutral stance on data and content.
On the other hand, Arweave has a Democratic Content Policy, which creates a potential conflict as network nodes have the power to issue a blacklist against certain data types, thus hindering the idea of an “open economy.”
Emphasis on adequate user interfaces & appropriate informationStreamr has a major focus on developer user interfaces that are much easier to use and are targeted toward people who have a relatively less technical background. Siacoin, which is one of its main competitors, has yet to offer adequate user interfaces.
A similar issue is also present with Arweave, where the project developers are unable to provide in-depth information that can help developers when they are building on their stack. What Streamr offers is unique as it provides in-depth, dense knowledge in a relatively easy-to-navigate manner to ensure developers do not face any issues.
Analysis of StreamrThe importance of data, especially one that runs in a combination of a real-time data market and the data pipeline, all while remaining decentralized, is transformative for the entire Web3, particularly because this gives a decentralized ecosystem exposure to data that has never existed before all while remaining true to decentralization.
Streamr maintains its tech stack layered and modular to allow non-tech individuals to participate in the network in one capacity or another.
It also hosts a publish-subscribe mechanism, which is a framework for exchanging messages between publishers and is widely used in Web2 due to its reliability. Streamr uses the same framework while making it decentralized, spread across different nodes rather than concentrated in one area, similar to centralized technologies.
To ensure transactions are scalable, with minimum latency, Streamr divides its throughput scales linearly. This allows the network not just to scale but also to process millions of events per second.
Streamr also allows users to sell their data directly, which gives them the power to monetize their data, all while knowing which companies and industries are using their data. Through the help of this transparency, users will be empowered, unlike in a centralized system where power is monopolized.
Anyone who owns a personal computer or a laptop can become part of the Streamr network by becoming a node operator and earning yield on staked tokens.
Emerging use cases of StreamrProving its versatility and adaptability, Streamr has the potential to revolutionize different industries and applications. Some of the emerging use cases of Streamr include:
[1] Video StreamingTraditional streaming services often need help with bandwidth limitations and central server outrages. Streamr’s P2P network can help distribute video content more efficiently by reducing latency as stream viewers become P2P distribution nodes as they consume the stream. This will help to improve the user experience.
[2] Decentralized AIStreamr helps to provide a strong infrastructure for real-time data collection and distribution. This is critical for training AI models, ultimately ensuring that AI systems can function without the hurdles present within centralized data servers. This helps to enable more efficient and scalable AI solutions.
The Streamr developer community has already developed the next generation of AI technologies. Some of these AI technologies include the Streamr node AI plugin, AI video distribution, LLM routing, AI chat, Verifiable AI, AI Audits, and AI data crowdsourcing.
As the need for decentralized data exchanges has become more apparent, Streamr can provide help to the entire Metaverse ecosystem. This can be done by providing a foundation for real-time data transmission that will enhance the interactivity and responsiveness of the virtual metaverse worlds.
[4] Web 3 GamingAs the importance of real-time data exchange and decentralized infrastructures is maintained in the fast-growing world of Web 3 gaming, Streamr provides a strong solution. It offers a platform where game developers can build decentralized gaming experiences with real-time player interactions and data exchanges.
[5] dApp MessagingDecentralized applications (dApps) at times rely on centralized servers for messaging, which leads towards a contradiction of Web 3 ethos. Streamr brings a solution as it can provide a decentralized messaging platform that enables dApps to embrace decentralization.
Final Thoughts Decentralization is a much-awaited answer that users are looking for due to their declining trust in large corporations. With data becoming an integral part of our day-to-day lives, it is only necessary to ensure it does not become monopolized in the same manner as that of several other industries.
Projects like Streamr bring an important answer to the problem, giving users the utmost possession and freedom over their data. Streamr allows users to access data in real-time, which empowers the existing infrastructure by allowing it to become more decentralized.
Streamr is bringing this power transfer to individuals, all while improving user privacy, resilience, fault tolerance, and efficiency. This will help the future of the internet to become more connected and decentralized, with the users having more freedom over their data and power over important decisions.
Justin Sun’s cryptocurrencies, such as Sun Token and BitTorrent, were some of the best performers on Aug. 21, as investors cheered the ecosystem’s growth.
Sun Token and BitTorrent tokens are soaring Sun Token (SUN) rose by over 50% to a high of $0.0196, its highest level since 2022, and 143% above its lowest point this month. This rally has pushed its market cap to over $182 million.
BitTorrent (BTT) jumped by over 25%, reaching a high of $0.0000010, its highest point since June. Other top tokens in the ecosystem, like Tron (TRX) and Just (JST), rose by double digits.
The rally happened as the ecosystem continued receiving positive news. Last week, Justin Sun launched the SunPump platform, which has led to the creation of many meme coins already. Data by DefiLlama shows that SunPump has already accumulated over $1.5 million in assets.
If the platform succeeds, Justin Sun will likely make millions. Pump.fun, the pioneer meme coin generator, has already generated almost $100 million in revenues.
Just, Sun Token and BitTorrent prices | Source: crypto.news Tron has become a major part of the blockchain industry Tron has also become one of the most successful blockchains in the industry. Data shows it has over 2.36 million active addresses, higher than Ethereum’s 335,000 and Solana’s 1.23 million.
Tron also has a market cap of over $59.54 billion for stablecoins. Because of their stability, stablecoins have become essential in global transactions. Data by Tronscan shows that Tron has over 49 million stablecoin holders and handled a trading volume of over $46 billion on Aug. 21. Tron has also reportedly generated over $1.05 billion in fees this year.
Sun Token also jumped because of its ecosystem growth. Its platform has a total value locked of $750 million, its highest point since 2022. In TRX terms, the TVL jumped to over $4.6 billion.
BitTorrent’s ecosystem is similarly thriving. The number of BitTorrent File System weekly miners rose to over 8 million. At the same time, the total storage contracts jumped to 168 million, making the BTFS one of the most prominent storage solutions in the blockchain industry.
SUN and BTT tokens rallied even as Bitcoin and other cryptocurrencies wavered. Bitcoin has been stuck at $59,000 in the past two weeks while the total crypto market cap dropped by 2.6% to $2.19 trillion.
