April 11th, 2025
Theta Network News
Stay updated with the latest Theta Network news as the blockchain platform makes decentralized video streaming better. By applying blockchain technology and decentralization, Theta Network is making a strong mark in the media industry and ensuring continued presence and innovation by incentivizing users to share their bandwidth and computing power to support streaming efficiency.
NTU Adopts Theta Labs’ EdgeCloud to Boost AI Research in Speech and Language Processing
Nanyang Technological University’s Speech Lab adopts Theta EdgeCloud for advanced AI speech processing research, marking a significant expansion of Theta Labs’ academic partnerships and technological reach.
Theta Labs Awarded US Patent for Off-Chain Verification of Distributed Computing Tasks
The technology opens the door to new use cases such as smart grids, IoT applications, and cloud gaming.
Theta Surges to $3 Following Partnership with Aethir to Launch Hybrid GPU Marketplace for AI
Theta plans to fully integrate its hybrid cloud-decentralized GPU marketplace into its EdgeCloud platform later this year.
THETA
$0.74
Market Cap
$735.36 M
24h Volume
$27.72 M
24h Low/High
$0.7 /
$0.8
1h
0.74%
24h
-2.64%
7d
-1.32%
Theta Network’s 2024 Roadmap Drives toward Next-Gen Video Applications
By Temitope Olatunji
January 29th, 2024
One of the main goals of Theta EdgeCloud is to provide infrastructure that can handle immersive extended reality experiences, as well as video-based AI and other cutting-edge technologies.
NHL’s Vegas Golden Knights Partners with Theta Labs to Launch NFT-Based Fan Experience
By Mayowa Adebajo
January 17th, 2024
With the NFTs, fans would unlock access to Knights game tickets, autographed memorabilia from the team’s top players, and other VIP moments including a chance to take photographs on the ice or join press conferences.
DWF Labs Commits $1M to Theta Edgecloud Hybrid Computing Platform
By Temitope Olatunji
December 6th, 2023
Theta Edgecloud stands out in the cloud computing area as it provides a flexible hybrid model designed to meet the diverse needs of businesses and individuals.
Google Cloud Assembles Web3 Team to Leverage Emerging Metaverse
By Tolu Ajiboye
May 9th, 2022
Google Cloud seeks to play a major supporting role in Web3 expansion by creating a dedicated team for blockchain services.
Binance Convert & OTC Portal Onboards THETA, AVAX, ICP and TFUEL
By Tolu Ajiboye
July 19th, 2021
OTC customers of the Binance crypto exchange, which recently completed a burn, can now trade any of these pairs with BTC and other cryptocurrencies.
Katy Perry to Inaugurate Her First NFT with Theta Network
By Sanaa Sharma
July 1st, 2021
Grammy-nominated Katy Perry is going to launch her first-ever NFT collection with Theta Network. The inaugural collection will celebrate her ‘Play’ residency located in Las Vegas.
BitTorrent (BTT) Ranks as 11th Largest Crypto after Soaring by More than 245% in Past Week
By Godfrey Benjamin
April 5th, 2021
The ongoing rally in the BitTorrent (BTT) ecosystem may be linked to heightened interest in the protocol following the announcement of key upgrades including the increase in the BitTorrent File Sharing (BTFS) network decentralization.
Filecoin Surges 162% to Displace Litecoin as 9th Largest Cryptocurrency
By Godfrey Benjamin
April 1st, 2021
Filecoin fundamentals may make it plausible for the digital currency to sustain the 9th largest crypto ranking as the project seeks to offer a highly sustainable and secure decentralized storage system.
Theta Postpones Its Mainnet 3.0 Launch Fueling Its Native Coin’s Price Plunge
By Godfrey Benjamin
March 25th, 2021
THETA, the blockchain network’s native token, took a nosedive when the scheduled postponement was revealed.
Altcoins To Watch: Theta, Neo, Stellar Lumens
By Kseniia Klichova
February 5th, 2021
Finishing the business week with some big announcements made by Theta Network, Stellar Lumens and Neo.
Google Cloud Joins Theta Labs Enterprise Validator Program Along with Binance
By Steve Muchoki
May 28th, 2020
Theta Labs announced that Google Cloud is a new participant in its Enterprise Validator program. Google Cloud will now join other Enterprise validators like Binance, Blockchain Ventures, and Gumi.
Theta Network is at the forefront of a technological transformation through decentralization in the video streaming industry. Unlike conventional streaming services that rely exclusively on centralized servers and data banks, Theta Network encourages users to contribute their unused bandwidth and available computing power to support content streaming through a peer-to-peer (P2P) model. This strategy reduces the costs required to run content delivery networks (CDNs) while improving video quality. In addition, the P2P model for decentralized content streaming significantly reduces buffering issues.
The uniqueness of Theta comes from its particular focus on solving problems faced by conventional content delivery models. By allowing users to participate directly in content distribution, Theta Network reduces the reliance on expensive data centers and other third-party service providers that may be inefficient and expensive.
Theta Network operates a two-token system. One of its native tokens is TFUEL, which functions as gas for transaction fees and video streaming payments. In addition, users who contribute to the service by offering their computing power and bandwidth receive TFUEL rewards. The other asset is THETA $0.74 24h volatility: 2.6% Market cap: $735.36 M Vol. 24h: $27.72 M , the governance token used to take community votes and ensure that the growth and development of Theta align with the public interest and adapt to changing global demands.
The Theta Network is demonstrating increased adoption, as well as efforts to expand ecosystem possibilities through several new features. The platform hopes to continue redefining media consumption and delivery for creators and audiences alike.
Explore the Theta (THETA) guide for more information about the decentralized bandwidth-sharing network.
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FAQ on Theta Network News
What is Theta Network?
Theta Network is a blockchain platform designed to decentralize video streaming by letting users share bandwidth to improve content delivery. The Theta Network model also improves content accessibility and reduces costs.
Is Theta worth investing in?
Whether or not Theta is worth investing in depends on individual factors, including personal finance goals and risk tolerance. Anyone looking to invest in THETA must conduct extensive research before starting.
What is the difference between TFUEL and THETA?
Theta (THETA) and TFuel (Theta Fuel) serve varying functions on the Theta Network. While THETA is the platform’s governance token for staking and voting, TFUEL is the utility token for transactions and micropayments.
What companies have partnered with Theta Network?
Theta Network’s history is filled with partnerships across blockchain, media, technology, and artificial intelligence (AI). Some of the partners include Samsung, Google, Binance, Sony, Lionsgate, MGM, and Amazon Web Services (AWS).