Huobi HTX August Report Released: 11th Anniversary Special Initiative Ignites August, New Journey Poised to Launch
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Huobi HTX August Report Released: 11th Anniversary Special Initiative Ignites August, New Journey Poised to Launch
This August is not only a brilliant recap of the past eleven years, but also a significant starting point for Huobi HTX's new journey.
Navigating Web3 tides with focused insightsHuobi HTX delivered an impressive performance in August, rolling out a series of vibrant celebrations leading up to its 11th anniversary, elevating the festivities to new heights. From the official launch of the highly anticipated 11th Anniversary Special Project to multiple events energizing the entire month, and the intense competition among top traders during the Futures Peak Challenge, Huobi HTX showcased its industry-leading strength through one highlight after another. This August was not only a celebration of eleven remarkable years but also marked an important starting point for Huobi HTX’s journey into a new era.
11th Anniversary Special Project Officially Launched, Sparking Global Excitement
In August, Huobi HTX officially launched its 11th Anniversary Special Project, rolling out a series of events that ignited enthusiasm among users worldwide. On August 7, Justin Sun, Global Advisor of Huobi HTX, joined prominent crypto KOLs at the launch ceremony for the "Through Storms and Struggles, Forging the Heart to Conquer the Summit" themed event. Justin Sun emphasized that as a "living fossil in the crypto industry that has weathered bull and bear markets," Huobi HTX remains committed to delivering the best user experience.
On August 21, Huobi HTX released the results of its 11th Anniversary Futures Peak Challenge, having distributed rewards totaling $200,000 in equivalent $HTX value. The individual champion received fully covered airfare and hotel accommodations to TOKEN2049, along with $30,000 worth of $HTX equivalent rewards. Huobi HTX also offered multiple benefits to both new and existing users, ensuring every participant could gain meaningful rewards on the platform.
Huobi HTX Partners with SunPump, Leading the Meme Season
In August, Huobi HTX listed seven popular SunPump meme coins, including SUNDOG (sundog), SUNCAT (Suncat), and IVFUN (Invest Zone).
The first governance collaboration between Huobi HTX and SunPump has gone live, establishing a bridge between the TRON ecosystem and its users. Users can now lock $SUN to vote for meme token projects to accelerate their listing on Huobi HTX. By integrating centralized exchange asset discovery with on-chain issuance, this initiative streamlines the listing process and enables seamless integration between CEX and DEX, injecting fresh liquidity into the market.
Strong Growth in the Russian Market, Traffic Share Surpasses 21.2%
In August, Huobi HTX's traffic share in the Russian market rose to 21.2%, demonstrating its growing influence in the region. This achievement reflects the platform’s dedication to enhancing user experience, launching innovative products, and advancing localization strategies, as well as users’ high recognition of Huobi HTX’s security, liquidity, and innovation capabilities.
By continuously improving trading experiences, introducing diverse financial products and services, and engaging in local community activities, Huobi HTX has significantly boosted brand awareness and user retention. Meanwhile, convenient local payment options have enhanced usability for Russian users. With ongoing launches of innovative financial products such as Restaking and trading mining, these new features not only enrich investment choices but also effectively increase user retention and trading activity, laying a solid foundation for Huobi HTX’s expanding market share in Russia.
Uncovering Investment Opportunities, Making Waves at Major International Events
In August, HTX Ventures published two key research reports offering in-depth analysis of investment opportunities in the first half of 2024 and the potential impact of the Ethereum Pectra upgrade, providing forward-looking guidance for investors. Additionally, HTX Ventures announced strategic investments in two innovative projects, Corn and Nexio, to advance the frontiers of blockchain technology. Through these initiatives, HTX Ventures continues to strengthen its industry-wide investment footprint, showcasing deep insights into emerging technologies and market trends.
On August 13, Huobi HTX made a major appearance at Istanbul Blockchain Week 2024 as a sponsor and partner. During the event, Serdar Serdengecti, Head of Listings at Huobi HTX, spoke at the roundtable discussion “Embracing the New Wave of Trading,” emphasizing the importance of user experience, innovation, security, and quality assets in shaping the future of crypto trading. He highlighted Huobi HTX’s continuous innovations and investments in these areas, further solidifying its leadership position in the global market.
Huobi HTX at Istanbul Blockchain Week 2024
On August 30, HTX DAO successfully hosted an offline private meetup in Chengdu, offering community members face-to-face interaction and opportunities to explore blockchain technology trends and future collaborations.
HTX DAO successfully held an offline private meetup in Chengdu
Strengthening Security and Compliance, Fully Protecting User Assets
To enhance user asset security, Huobi HTX updated its Merkle Tree Proof of Reserves data in August, reaffirming its commitment to transparency and security. Current reserve ratios include: USDT 100%, BTC 100%, ETH 100%, HTX 105%, and TRX 105%, covering multiple asset types and providing robust financial protection for users.
Compared to July, Huobi HTX saw continued growth in user deposits in August, with BTC assets increasing by 0.5% and ETH assets rising by 3%. This growth reflects sustained user confidence and investment interest in mainstream cryptocurrencies, as well as Huobi HTX’s proactive efforts in optimizing user experience, strengthening asset security, and launching innovative products.
In terms of security protection, Huobi HTX issued 309,212 user security alerts, successfully identified and shut down six phishing websites and fake app download sites, intercepted fraudulent withdrawal attempts, handled four incidents involving external stolen funds, and froze $80,290 in stolen assets. Additionally, Huobi HTX added 2,739 new blacklisted addresses and blocked 34 deposits from blacklisted addresses, amounting to $75,827 in total.
Huobi HTX consistently prioritizes user security, continuously refining protective measures to create a trustworthy trading environment. Going forward, Huobi HTX will continue strengthening technological innovation and security defenses to ensure every user’s digital assets remain safe and secure.
New Journey in September, Building Greater Success Together
With the arrival of September, Huobi HTX will continue to focus on users, launching more exciting new initiatives and product upgrades, offering richer investment opportunities and increasingly attractive benefits. Embracing challenges with renewed energy, Huobi HTX will move forward hand-in-hand with all users to co-create an even brighter future!
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