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BitTorrent’s BTFS Protocol to Be Added to ColdStack Storage Library

Decentralized cloud aggregator ColdStack has inked a partnership with BitTorrent to integrate the BitTorrent File System (BTFS) into the ColdStack ecosystem. Bringing BitTorrent into ColdStack Ecosystem In a recent announcement, “Uber for Clouds” ColdStack stated it had entered into an alliance with BitTorrent, the company behind the largest decentralized P2P communications protocol for distributing data Read More

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Altcoins notch triple-digit gains as Bitcoin price pushes toward $60K

Traders say the multi-year highs seen from many tokens prove that an altcoin season is at hand. If this past weekend is any indication of the current bull market cycle, then an altcoin season may be well underway.  Similar to previous cycles, after (BTC) makes a significant run-up in price and then enters a consolidation period, funds begin to migrate into large and small market cap altcoins.  WRX/USDT, WIN/USDT, BTT/USDT, STX/USDT and HOT/USDT 4-hour chart. Source: TradingViewData from Cointelegraph Markets and TradingView shows that while Bitcoin traded in a range between $57,000 and $60,200 over the past week, multiple altcoins saw…

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86% Surge In BTT Value Makes It One Of The Top Ten Tokens Out There

Within the last two weeks, a couple of the lesser-known altcoins of the world have been duking it out to try and gain a foothold within the coveted top ten list of cryptocurrencies. The first of these occurred last week, first with THETA, then with Filecoin. Now, however, BitTorrent stands among these assets. The file-sharing platform’s namesake token managed to surge by a factor of 86% within just 24 hours, making it the tenth-largest cryptocurrency in the world when viewed by market cap. BTT Seeing Major Growth BitTorrent Tokens are, at the time of writing, trading at the price of…

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Overvaluation Risks Haunt BitTorrent As Price Explodes 164% QTD

BitTorrent turned alarmingly overvalued on Monday as its price popped higher by as much as 164 percent quarter-to-date. The BTT/USD exchange rate surged to $0.013, its highest level on record, after rallying seven days in a row. Every sell-off attempt met with an equally aggressive accumulation, prompting more and more traders to buy the Justin Sun-backed asset at intraday highs. The volumes soared likewise. BitTorrent rally looks overblown. Source: BTTUSD on TradingView.comThe strong upside move pushed BitTorrent’s Relative Strength Indicator to 94.95, a reading that pointed to an extremely overbought asset. Typically, a higher RSI reading prompts investors/traders to unwind…

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BitTorrent soars 30% to new all-time high, $5B market cap: What’s behind the rally?

The price of BTT, the native token of BitTorrent, hit a new all-time high to reach a $5.2 billion valuation. BitTorrent (BTT), the native token of the popular peer-to-peer file-sharing protocol BitTorrent, has surged nearly 30% in the past 24 hours. The rally took the valuation of BTT to over $5.2 billion, making it the 24th most valuable cryptocurrency by market capitalization. What's more impressive, the token's value has increased more than ten-fold in the past two months.  BTT/USDT 4-hour price chart (Binance). Source: TradingView.comIs there any catalyst behind the BTT rally? There has been no clear fundamental catalyst behind…

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Öt altcoin, amiben még nagy potenciál lehet

Ben Armstrong, vagy ismertebb nevén BitBoy öt altcoinra hívta fel a figyelmet a Youtube csatornáján. A kriptoinfluenszer szerint van még öt altcoin, ami most még relatív olcsó, azaz csak pár centbe kerül, de nagy potenciál van bennük. Lássuk ezeket sorban. 1.Pundi X (NPXS) Armstrong a blokklánc alapú fizetési platformmal, a Pundi X projektjével kezdte a sort. Az alacsony árfolyam ellenére, a legújabb fejlesztésekkel új csúcsra juthat a NPXS árfolyama. A staking és a token égetés mind a kínálat csökkentéséhez vezet, ami hosszútávon emelheti majd az árfolyamot. 2. Holochain (HOT) A megosztott számításokon alapuló Holochain esetében maga a technológia jelentheti az…

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Leader That Allowed Scams: TRON’s Justin Sun Responds to Claims by Ex-Employees

Yesterday The Verge published an elaborate article portraying a picture of Justin Sun’s leadership at BitTorrent post the peer-to-peer file-sharing site’s acquisition by the TRON foundation. Sun later responded to the ‘false-claims’ made by TRON/BitTorrent’s ex-employees in the article with ‘An Open Letter to Anyone Who Cares to Read’ on Medium. Claim: Megalomaniac Leader; Response: True Libertarian In the supposedly expose piece, author Christopher Harland-Dunaway cites claims made by current and past employees that delineate Justin Sun as a ‘celebrity’ like an entrepreneur with a narcissistic and dictatorial spirit. Sun acquired BitTorrent in July 2018.  Refuting the above portrayal of…

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Research: New Malware Employs Tor and Bittorrent To Steal Bitcoin and Ether

A new trojan called Krypto Cibule uses infested computers’ power to mine cryptocurrency, steal crypto wallet files, and redirect incoming digital assets to a hacker address. The malware rides on the Tor network and the Bittorrent protocol to perform attacks, according to an extensive report by cybersecurity company, ESET. “Krypto Cibule is spread through malicious torrents for ZIP files whose contents masquerade as installers for cracked or pirated software and games,” researchers Matthieu Faou and Alexandre Cote Cyr, detailed in their report published September 2. The malware is mostly active in the Czech Republic and Slovakia where it has been…

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Tron’s BitTorrent Network Reaches 2 Billion Downloads

Tron’s BitTorrent clients have been downloaded two billion times, but the BTT token remains down 74% from the ATH. Peer-to-peer file sharing service BitTorrent, and little brother uTorrent, have now been downloaded more than two billion times on various platforms. Last year the network accounted for 3% of all downstream, and 28% of all upstream, traffic across the internet.The company attributes the figures to the “longstanding popularity of its classic desktop torrent clients, as well as its new web-based torrent downloader and player built for the streaming age”. It said the Android version of the service on Google Play Store…

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Justin Sun’s BitTorrent Confirms Over 2 Billion Installations

The leading decentralized peer-to-peer network BitTorrent has reached a significant milestone in its development after surpassing two billion installations of its torrent client software on Windows, Mac, and Android. BitTorrent Passes 2 Billion Installations Founded in 2004, BitTorrent Inc has become one of the most utilized software products for downloading torrents with its two brands – BitTorrent and μTorrent. The company has attracted over 90 million active users, driving 22% of upstream and 3% downstream traffic globally. In a press release shared with CryptoPotato, BitTorrent also informed about its most recent milestone. Users from across the world have downloaded and…

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BitTorrent (BTT) Cryptocurrency Review

BitTorrent (BTT) is a cryptocurrency that operates on the Tron Foundation blockchain. It is connected to a renowned file-sharing service BitTorrent. BTT is among the 50 most popular cryptocurrencies, according to CoinMarketCap. It was created with an eye to tokenize BitTorrent, the largest decentralized file-sharing protocol in the world.  In this article, we will talk about BitTorrent’s and BTT’s history, basic technical terms on the topic, explore the ways to buy and store BTT, discuss it’s value and scope of application, and try to reflect on the cryptocurrency’s prospects and future.  BitTorrent (BTT) History To understand what BTT cryptocurrency is…

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BitTorrent & µTorrent Enable Support for Binance Stablecoin BUSD

BUSD — Binance’s USD stablecoin is now the latest crypto payment option added to the BitTorrent and µTorrent platforms. The move now sees the popular peer-to-peer (P2P) file sharing service supporting six cryptocurrency tokens. Tron CEO, Justin CEO, acquired BitTorrent back in June 2018 triggering the platform’s pivot towards the crypto and blockchain space. P2P file sharing and permissionless value transfers share similar philosophies with the former being one of the markets primed for greater blockchain adoption and utilization. Pay for Torrent Subscription with BUSD According to a press release issued shared with Blockonomi, customers of the P2P file-sharing giant…

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