helium

The founder of Helium, Amir, tweeted that the market does not seem to care about the project team buying back HNT tokens from the market, so under the current circumstances, they will stop wasting funds on buybacks.Amir stated that Helium + Mobile generated $3.4 million in revenue just in October, and he would rather use this money to grow the business.

ChainCatcher news, the decentralized telecom infrastructure project Helium tweeted that its team is currently burning Helium Mobile revenue daily to offset network emissions. In the future, it will repurchase HNT from the market to match the daily burn, rather than using the team's treasury, and plans to execute this through an automated process.This mechanism does not affect ongoing temporary purchase activities on CEX, AMM, through market makers, and direct OTC. Additionally, over the past month, Helium has been exploring the launch of a digital asset treasury business. This business will acquire HNT on the open market and OTC, and increase the earnings per share of HNT through network-aligned revenue-generating activities.

ChainCatcher news, according to SolanaFloor reports, decentralized physical infrastructure (DePIN) projects based on Solana generated $1.6 million in revenue in August, setting a new historical record. These projects include Helium, Hivemapper, GEODNET, Render Network, Uprock, and Natix.

ChainCatcher news, the 18th issue of HTX DAO's "DAO Friends Please Stay" focuses on the theme "Behind the Upgrade of the HTX DAO White Paper: How Institutional Experiments Evolve into Real Pathways?" It invites HTX DAO Core Builder Liu Ye, Helium, and other crypto KOLs to discuss the core adjustments of the HTX DAO white paper and explore the future of on-chain financial governance and the development direction of $HTX.Liu Ye introduced that updating the white paper reflects the team's clearer thoughts on the DAO's governance mechanism, implementation pathways, and future planning, necessitating the update to reflect these changes. Specific changes include: the economic model shifting from "liquidity donation" to a destruction model, the specification of governance rights (such as staking votes), and the refinement of future planning (establishing a points system, treasury, etc.). She also pointed out that in the next 6-12 months, the focus will be on three major areas: validating the effectiveness of the voting mechanism; establishing a treasury and points system to visualize contribution rewards; and opening up developer permissions on the official website to form a community-built DAO with point incentives.Helium believes that HTX DAO is a matured DAO, possessing the attributes of a "scales" tool, combined with a modular operational model, forming its core dimension. In the future, adjustments will be made based on product and governance needs, in conjunction with the current situation and business models. Once the product is finalized, modular governance may be introduced, covering aspects such as token listing, on-chain staking rewards, and potentially incorporating RWA assets and other sectors in the future.

ChainCatcher news, according to Cointelegraph, the decentralized telecom infrastructure project Helium has announced a partnership with American telecom giant AT&T to integrate its community-built WiFi network into the AT&T service ecosystem. Under the agreement, AT&T users can now access over 93,500 hotspot nodes globally covered by Helium (primarily located in the United States), which are operated by individuals and businesses and maintained through digital asset incentives for network expansion.Helium Mobile CEO Amir Haleem stated that this collaboration will accelerate the commercialization of decentralized networks, allowing users to achieve automatic authentication access through AT&T's Passpoint WiFi roaming service. Currently, Helium's network has over 800,000 daily active users and has previously established a similar partnership with Mexican telecom company Telefónica, with plans to launch the first free mobile plan in the United States in February 2025.

ChainCatcher news, according to The Block, Helium Network's developer Nova Labs stated that the U.S. Securities and Exchange Commission (SEC) has dropped the charges against the company for selling unregistered securities.Helium stated in a blog post on Thursday that this means selling "hardware and distributing tokens to facilitate network growth" does not automatically make it a security. The SEC sued Nova Labs in January of this year, and a few days later, former chairman Gary Gensler resigned on January 20. The lawsuit involves three tokens related to Helium: Helium Network Token (HNT), Helium Mobile Token (MOBILE), and Helium Internet of Things Token (IoT), which the SEC claims are all unregistered securities.

ChainCatcher news, according to DEGEN NEWS, Delaware company registration documents show that a statutory trust named "GRAYSCALE HELIUM TRUST (HNT)" was registered in Delaware on January 14, 2025. The trust is represented by CSC DELAWARE TRUST COMPANY as the registered agent, with its registered address located in Wilmington, Delaware.It is currently unclear whether this trust is related to the cryptocurrency asset management company Grayscale Investments.

ChainCatcher news, Multicoin Capital co-founder Kyle Samani posted on X that currently Helium, Hivemapper, and io.net have generated over $50 million in total. By 2025, the revenue from these three projects will exceed $100 million.Along with many other DePIN projects on the Solana chain, 2025 will be remembered as the breakthrough year for DePIN.

ChainCatcher news, according to DePINscan data, the number of nodes in the decentralized edge artificial intelligence infrastructure project Network3 has exceeded 439,000, surpassing the well-known DePin project Helium, ranking fifth globally. According to official news, the Network3 airdrop will also be launched soon, with the TGE scheduled for the end of the year.This milestone achievement demonstrates Network3's strong appeal and technical strength in the global market. With the continuous expansion of decentralized AI applications, Network3 is expected to continue to increase its market share in the future and become a leader in the edge AI infrastructure field.As a leading Decentralized Edge AI-Infrastructure, Network3 is committed to the democratization of the AI industry. By building a decentralized federated learning framework, Network3 enables users to perform collaborative training without sharing raw data. Network3 has secured $5.5 million in funding from top institutions such as Borderless, EV3, IoTeX, Mask Network, and Bing Venture.

ChainCatcher news, Helium founder Amir Haleem revealed in a post on X that 250,000 data-only hotspots may soon be added to the Helium Network.

ChainCatcher news, the cryptocurrency lobbying team Blockchain Association members will head to Capitol Hill in Washington on October 2 for the DePIN Day event. Representative projects such as Helium, CESS Network, and Multicoin Capital have been invited to share insights on DePIN and decentralized data infrastructure with U.S. lawmakers.

ChainCatcher message, the Helium community is discussing the new proposal HIP 128, which suggests the creation of the ENERGY subnet to reward users participating in the energy market through solar power generation and battery storage.This subnet will support the integration and rewards of distributed energy resources (DERs), allowing residential users to contribute to grid stability and earn rewards. The main advantages include dual mining, increased network activity and data credit consumption, entry into the renewable energy sector, and promotion of green energy practices.

ChainCatcher news, according to Blockworks, Helium Mobile has announced that it is launching a licensing program for its hotspot devices. Helium Mobile's hotspots allow individuals or businesses to create "mini cell towers" that transmit mobile signals and receive tokens in exchange.According to the Helium website, there are currently several third-party manufacturers and suppliers providing services for the Helium IoT network, but Helium Mobile is currently the only supplier offering devices for mobile signal coverage. Through the licensing program, Helium Mobile aims to earn licensing fees from hotspots manufactured elsewhere while expanding its cellular network.It is reported that Helium Mobile is developed by Nova Labs. The mobile plan operates by combining proprietary distributed network coverage with services purchased from T-Mobile by Helium Mobile. The plan was first trialed in Miami and then launched nationwide last December, with a monthly fee of $20.