Final hours! Save up to 55% OFF InvestingProCLAIM SALE

Justin Sun’s Tron and Bittorrent Merge With Huobi’s Heco Chain

Published 10/15/2022, 05:03 AM
Updated 10/15/2022, 05:30 AM
Justin Sun’s Tron and Bittorrent Merge With Huobi’s Heco Chain

  • The Huobi Eco Chain will include TRON and BitTorrent Chain ecosystems.
  • Both will invest enough money to entice all Heco developers to collaborate on joint projects.
  • Justin Sun, the founder of TRON, joined the advisory board of Huobi.

Justin Sun made another announcement regarding the Huobi revamp after disclosing his investment in Huobi Tokens.

The TRON founder tweeted on October 14 that Huobi’s Heco Chain will join with his company’s flagship blockchain and the BitTorrent Chain ecosystem. He added that they would also invest enough money to encourage all Heco developers to collaborate on TRON and BitTorrent Chain projects.

After Sun was chosen to serve as a board advisor to Huobi, it merged with TRON.

Earlier today, Sun also disclosed that he has a sizeable amount of Huobi Tokens and plans to continue to assemble them. Notably, he is said to have bought the network and exchanged it for cryptocurrencies. However, he has continued to refute this assertion.

Today, he said, “TRON and BitTorrent will eventually unite the Heco ecology with the TRON ecology and the BTTC cross-chain ecology.” Furthermore, he added, “the ecosystem will pool funds to bring all Heco developers together to build on the TRON and BitTorrent chains.”

We will merge TRON and BitTorrent Chain ecosystem with Heco. We will deploy sufficient capital to encourage all Heco developers to build together on TRON and BitTorrent Chain. Let’s build!

The new advisory group for Huobi Global recently welcomed Justin Sun. Sun then disclosed strategies for reviving the cryptocurrency exchange in areas including brand building, empowerment, and commercial cooperation.

The revival strategy was brought on by a recent shift in Huobi’s leadership. The exchange’s creator, Leon Li, sold his whole controlling interest to Hong Kong’s About Capital Management. The Huobi Token price is $7.62 as of this writing, down 2.14% over the previous 24 hours, according to market monitoring site CoinMarketCap. The Tron (TRX) cost is currently $0.06343, up 2.49% over the last 24 hours.

The post Justin Sun’s Tron and Bittorrent Merge With Huobi’s Heco Chain appeared first on Coin Edition.

See original on CoinEdition

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.