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Backpack Exchange Lists TRX Spot And Perpetual Markets

Backpack Exchange has listed TRON (TRX) for both spot and perpetual trading, introducing TRX/USD and TRX-PERP markets with perpetual contracts offering up to 10x leverage. While this provides traders another venue to access and trade TRX, the immediate impact on global liquidity is measured. The simultaneous offering of spot and derivatives allows for more flexible trading strategies. However, the listing's significance will ultimately depend on the volume and liquidity it attracts. TRON maintains its primary role as a major network for stablecoin transfers, giving TRX a distinct market profile. The addition of leveraged perpetual contracts also introduces amplified volatility and liquidation risks, distinguishing it from simple spot trading. For Backpack, the move expands its market coverage with a high-profile asset.

bitcoinist08/12 06:21

Backpack Exchange Lists TRX Spot And Perpetual Markets

bitcoinist08/12 06:21

CT3 Begins Preparing Its Ecosystem for the Launch of the CT3GB Economy

CT3 has announced the start of preparations for the future listing of its CT3GB token and the launch of its own tokenized economy. The company is scaling its data storage infrastructure, building financial reserves, and transitioning to a new architecture based on specialized smart contracts. CT3GB is intended to become the platform's primary settlement asset, used for paying for storage services, distributing rewards, and facilitating internal settlements. Key preparations include expanding the storage network's capacity through the Storage Contracts program and planning an independent audit of the core smart contract infrastructure before the token listing. This audit aims to verify security and business logic to strengthen trust. These steps are part of a long-term strategy to create an autonomous data storage ecosystem. The goal is to ensure CT3GB launches within a prepared environment where its value is driven by both market demand and its practical utility in the CT3 Cloud's operations.

TheNewsCrypto08/10 18:25

CT3 Begins Preparing Its Ecosystem for the Launch of the CT3GB Economy

TheNewsCrypto08/10 18:25

$TX Lists on WEEX Following Mobile Super App Launch To Unify RWA Markets

Real-world asset (RWA) infrastructure firm TX has launched its mobile "Super App" for iOS and Android, aiming to unify access to tokenized assets like stocks, ETFs, and commodities. The app consolidates wallet access, KYC, staking, referrals, and ecosystem apps into a single gateway. Concurrently, TX's native token, $TX, has been listed on the global crypto exchange WEEX, pairing TX's mobile-first infrastructure with WEEX's liquidity from over 10 million users. TX, formed from a merger, uses a "regulatory-first" approach with institutional partners to enable compliant RWA tokenization. The Super App offers universal KYC portability to reduce market fragmentation, built by a team with prior consumer crypto experience. This launch and listing seek to make tokenized real-world assets more accessible and tradable.

TheNewsCrypto08/04 11:05

$TX Lists on WEEX Following Mobile Super App Launch To Unify RWA Markets

TheNewsCrypto08/04 11:05

Hong Kong Stock Market in July: Super IPOs Coexist with Wave of Breakings, Hard Tech Still the Main Theme

The Hong Kong IPO market in July presented a "two-tiered" scenario characterized by both a mega-IPO and a significant wave of new stock listings falling below their issue price ("breaking issue"). The highlight was Zhongji Innolight's (stock code: 03308.HK) listing on July 30, which raised approximately HK$53.41 billion. This marked the largest IPO on the Hong Kong exchange in nearly seven years since Alibaba's secondary listing. A prominent trend was the continued dominance of A+H listings, with companies like Luxshare (02475.HK) and others contributing significantly to the total monthly fundraising of around HK$116 billion. In stark contrast, the market saw a sharp rise in "broken issues." Out of 17 new listings for the month, 7 broke issue on their debut, with the rate climbing to 47% by month-end. Factors contributing to this included an intense concentration of listings (15 in one week), profit-taking by investors, and a market reassessment of valuations, particularly for companies with unclear commercial prospects. Despite the sell-off, hard tech remained the core theme, accounting for over 70% of July's listings. Key sectors were semiconductors and AI/autonomous driving. However, market enthusiasm became highly selective, with extreme over-subscription for certain niche players while others were heavily sold off. This signals a shift from speculative fervor towards a more value-driven assessment. Looking ahead, recent listing reforms by the Hong Kong Exchanges are expected to attract more tech firms. With a large pipeline of over 350 companies awaiting listing, including potential large offerings like SHEIN, the market is poised for continued activity. Analysts view July's correction not as a downturn but as a healthy valuation reset, emphasizing the need for investors to carefully discern company fundamentals.

marsbit08/04 02:59

Hong Kong Stock Market in July: Super IPOs Coexist with Wave of Breakings, Hard Tech Still the Main Theme

marsbit08/04 02:59

Bithumb Reveals Timeline for Exchange Listing

South Korean cryptocurrency exchange Bithumb has unveiled its roadmap for an initial public offering (IPO), aiming to complete the listing by 2028. The plan includes strengthening internal controls in 2026 and transitioning its accounting to Korean International Financial Reporting Standards (K-IFRS). In 2027, Bithumb intends to apply for a preliminary listing review with local authorities. The company noted that the timeline could shift due to market conditions and regulatory processes. The IPO has been under discussion for years, with initial plans targeting a 2025 listing on KOSDAQ. However, the timeline has been postponed several times. Bithumb is currently restructuring its business to separate responsibilities, streamline operations, and diversify its revenue model away from trading fees. The exchange's internal controls came under scrutiny in early 2026 following a major operational error. During a promotional campaign, an employee mistakenly credited users with approximately 620,000 BTC instead of Korean won, far exceeding the exchange's actual reserves of about 46,000 BTC. This caused Bitcoin's price on the platform to plummet by 15%. Bithumb recovered about 99.7% of the erroneously distributed assets but was unable to retrieve roughly 125 BTC.

cryptonews.ru08/03 11:51

Bithumb Reveals Timeline for Exchange Listing

cryptonews.ru08/03 11:51

Leading South Korean Cryptocurrency Exchanges Upbit and Bithumb Attract Attention with New Listings! Here Are the Latest Altcoins Added

Leading South Korean cryptocurrency exchanges Upbit and Bithumb have expanded their listings with new altcoins. Upbit will commence trading for Conflux ($CFX) in KRW, BTC, and USDT pairs starting July 31 at 16:00. Transactions are supported exclusively via the Conflux eSpace network. Conflux is a Layer 1 blockchain utilizing a Tree-Graph structure and a hybrid PoW/PoS consensus, recently focusing on RWA tokenization and stablecoin payments in Asian markets. Separately, Bithumb activated a KRW trading pair for Gravity Token (GRVT) on the Ethereum network, with spot trading starting July 31 at 14:00. GRVT is the utility token for the GRVT ecosystem, which aims to integrate trading, investment, and payment services, leveraging Validium technology for transaction privacy. Both exchanges noted that trading could be delayed due to insufficient liquidity.

cryptonews.ru07/31 07:15

Leading South Korean Cryptocurrency Exchanges Upbit and Bithumb Attract Attention with New Listings! Here Are the Latest Altcoins Added

cryptonews.ru07/31 07:15

Spot and Perpetual TRX Token Listings Launched on Backpack Platform, Expanding Access to TRON Ecosystem

On July 29, 2026, TRON DAO announced the listing of spot trading and perpetual contracts for its native $TRX token on the regulated Backpack Exchange. This listing provides users in supported jurisdictions access to trade $TRX on Backpack's platform, which has processed over $400 billion in cumulative trading volume. According to Sam Elfarra from TRON DAO, this integration brings TRON's high-throughput blockchain—with over 14 billion transactions and 3.5 million daily users—into a regulated exchange environment, offering a secure gateway for global digital asset trading. The move expands $TRX's market access to Backpack's user base across more than 150 countries, consolidating trading on a single compliant platform. It reinforces TRON's role as foundational infrastructure for digital asset ownership and settlement, as the network continues to grow its presence in the global digital economy. TRON DAO, a community-governed organization, aims to accelerate internet decentralization via blockchain and dApps. As of July 2026, the TRON blockchain reports over 395 million user accounts and a Total Value Locked (TVL) exceeding $27 billion.

cryptonews.ru07/29 11:31

Spot and Perpetual TRX Token Listings Launched on Backpack Platform, Expanding Access to TRON Ecosystem

cryptonews.ru07/29 11:31

TRX Spot and Perpetuals Listing launches on Backpack, expanding access to the TRON Ecosystem

TRON DAO announced the listing of TRX spot and perpetual contracts on Backpack Exchange, expanding access to the TRON network's native token. Backpack's regulated platform, operating in over 150 countries with over $400 billion in cumulative volume, now allows eligible users to trade TRX through both spot and perpetual markets within a single compliant venue. This integration provides a secure gateway for global traders to access TRON's ecosystem, which boasts over 14 billion transactions and 3.5 million daily users. The move reinforces TRON's role as foundational infrastructure for digital assets and marks a step in its global expansion.

cointelegraph07/29 10:20

TRX Spot and Perpetuals Listing launches on Backpack, expanding access to the TRON Ecosystem

cointelegraph07/29 10:20

Bitcoin Exchange Upbit Decides to List a New Solana-Based Blockchain Project on Its Platform! Here Are the Details

South Korea's major cryptocurrency exchange Upbit has announced the listing of MetaDAO (META2), a blockchain project built on Solana. Trading for META2 will begin on July 29th in pairs with the Korean Won (KRW), Bitcoin (BTC), and Tether (USDT). Deposit and withdrawal services will commence shortly after the announcement, with spot trading scheduled to start at 16:30 on the listing day. Upbit noted this time could be delayed due to liquidity concerns. The exchange specified that deposits and withdrawals will only be supported via the Solana network; transfers from other networks are not supported and may cause significant delays. To prevent confusion with the existing token Metadium (META), the new token will be listed under the symbol "META2". MetaDAO is described as a Solana-based platform operating on a market-driven governance model. It integrates fundraising, token launches, and community management, with the META2 token primarily used for governance participation and transactions within its ecosystem. Upbit advises users to verify the correct network and smart contract address before transacting and to comply with relevant "Travel Rule" regulations. The announcement concludes with a standard disclaimer that this is not investment advice.

cryptonews.ru07/29 08:26

Bitcoin Exchange Upbit Decides to List a New Solana-Based Blockchain Project on Its Platform! Here Are the Details

cryptonews.ru07/29 08:26

Exploring ChangXin Technology's Hefei Headquarters: The Rising Campus Ignites Changgang CBD, Grassroots Employees 'Witness' Wealth Creation Myth

"On-the-Ground Visit to CXMT's Hefei Headquarters: Campus Boom Ignites Changgang 'CBD,' While Rank-and-File Employees Watch Wealth Creation Myth from the Sidelines." Following CXMT's (ChangXin Memory Technologies Inc., 688825.SH) explosive stock market debut on July 27, where its share price surged over fivefold, a site visit to its Hefei headquarters reveals a stark contrast. While the company's市值 soared, making it A-share's most valuable firm,基层员工 indicate the wealth creation has largely bypassed them. Employees reveal that股权激励 is restricted to managerial levels (Grade 9科长 and above), with most普通员工 at Grades 11 or 12. Salaries, while considered high for Hefei at around 200,000 RMB annually, fall short of the millions speculated online. Work routines remain demanding, with long hours, phone confiscation in sensitive areas, and strict保密 protocols forbidding unauthorized external communication. Simultaneously, CXMT's expansion is visibly transforming the once-rural Changgang area. Ongoing construction includes multiple new phases, with an industrial chain of supporting companies集聚 around the campus. This growth has spurred local development: housing prices initially skyrocketed, and a vibrant commercial district dubbed "Changgang CBD" now thrives, catering to the潮汐效应 of shift workers. The area has evolved from construction sites to a bustling hub, though the company's stringent安保, including high-voltage perimeter fencing, underscores its sensitive nature. The report concludes that while CXMT's rise fuels regional economic activity, the immediate financial rewards of its上市 are not shared by its frontline workforce.

marsbit07/28 06:01

Exploring ChangXin Technology's Hefei Headquarters: The Rising Campus Ignites Changgang CBD, Grassroots Employees 'Witness' Wealth Creation Myth

marsbit07/28 06:01

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