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BEIJING, April 17, 2026 /PRNewswire/ -- On April 16, iQIYI, China's leading online entertainment platform, celebrated the opening of the 16th Beijing International Film Festival (BIFF) in an expanded role, adding AI production capabilities to its longstanding presence.
This year, iQIYI continues as the festival's exclusive high-resolution online video platform, exclusive "Cloud BIFF" partner, and video membership partner – a relationship it has held for several consecutive editions. This year marks a notable step up, with "Nadou Pro", iQIYI's AI agent platform, being named BIFF's official professional film and TV production agent.
AIGC productions selected across the Game, Animation, and Film Unit will be made available on iQIYI, bringing festival-selected titles to wider audiences.
"Out of the Past" Earns Spotlight at BIFF
One of the highlights of iQIYI's BIFF presence this year is "Out of the Past", a film developed under the company's Emerging Film Project – an initiative dedicated to discovering new directing talent and producing original content.
Directed by Bolun WANG, the film centers on a professional "sleep tester" – someone hired to spend the night in properties with reported paranormal activity – whose work gradually unravels a long-buried family tragedy. The story blends suspense-thriller tension with themes of grief, self-reconciliation, and female resilience.
As one of seven unreleased domestic films chosen for their first public screening through the Beijing Screenings program, the film has also earned a spot in the festival's "Most Anticipated Young Directors' Work" showcase, where it will be presented to cinema chains, film companies, and media on April 20 in Beijing, a recognition that underscores iQIYI's track record in backing emerging filmmakers.
The Emerging Film Project has greenlit more than 40 projects, with nine titles currently streaming on iQIYI across a range of genres.
Exclusive BIFF Benefits for VIP Members
iQIYI is extending the festival to its broader subscriber base through an integrated online and offline experience. A dedicated "Cloud BIFF" section streams the opening and closing ceremonies and red-carpet events live in high definition, with a curated slate of domestic and international titles across various themed collections. Offline, selected members receive red carpet access and tickets to high-demand festival screenings.
Contact:
iQIYI Press, press@qiyi.com
BEIJING, April 17, 2026 /PRNewswire/ -- On April 16, iQIYI, China's leading online entertainment platform, celebrated the opening of the 16th Beijing International Film Festival (BIFF) in an expanded role, adding AI production capabilities to its longstanding presence.
This year, iQIYI continues as the festival's exclusive high-resolution online video platform, exclusive "Cloud BIFF" partner, and video membership partner – a relationship it has held for several consecutive editions. This year marks a notable step up, with "Nadou Pro", iQIYI's AI agent platform, being named BIFF's official professional film and TV production agent.
AIGC productions selected across the Game, Animation, and Film Unit will be made available on iQIYI, bringing festival-selected titles to wider audiences.
"Out of the Past" Earns Spotlight at BIFF
One of the highlights of iQIYI's BIFF presence this year is "Out of the Past", a film developed under the company's Emerging Film Project – an initiative dedicated to discovering new directing talent and producing original content.
Directed by Bolun WANG, the film centers on a professional "sleep tester" – someone hired to spend the night in properties with reported paranormal activity – whose work gradually unravels a long-buried family tragedy. The story blends suspense-thriller tension with themes of grief, self-reconciliation, and female resilience.
As one of seven unreleased domestic films chosen for their first public screening through the Beijing Screenings program, the film has also earned a spot in the festival's "Most Anticipated Young Directors' Work" showcase, where it will be presented to cinema chains, film companies, and media on April 20 in Beijing, a recognition that underscores iQIYI's track record in backing emerging filmmakers.
The Emerging Film Project has greenlit more than 40 projects, with nine titles currently streaming on iQIYI across a range of genres.
Exclusive BIFF Benefits for VIP Members
iQIYI is extending the festival to its broader subscriber base through an integrated online and offline experience. A dedicated "Cloud BIFF" section streams the opening and closing ceremonies and red-carpet events live in high definition, with a curated slate of domestic and international titles across various themed collections. Offline, selected members receive red carpet access and tickets to high-demand festival screenings.
Contact:
iQIYI Press, press@qiyi.com
** This press release is distributed by PR Newswire through automated distribution system, for which the client assumes full responsibility. **
iQIYI Deepens Its Presence at BIFF With AI Agent Nadou Pro and a New Film Screening
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PANAMA CITY, April 17, 2026 /PRNewswire/ -- Despite a turbulent first quarter characterized by market volatility and shrinking global trading volumes, HTX DAO has delivered a robust deflationary performance.
According to an official announcement, HTX DAO successfully completed its $HTX burn for the first quarter of 2026 on April 15. A total of 10,825,402,253,521.04 $HTX tokens, valued at approximately $19.22 million, were permanently removed from circulation. This brings the cumulative total of $HTX burned and pledged to 110.32 trillion tokens to date.
Counter-Cyclical Resilience Amid Market Downturn
The global crypto market faced significant headwinds in Q1, with total trading volumes plunging by 27% quarter-over-quarter due to cautious macroeconomic sentiment. While much of the industry struggled with revenue contraction, $HTX demonstrated remarkable "counter-cyclical" resilience.
Data reveals that even in a subdued market, the volume of $HTX burned in a single quarter exceeded 1% of its total supply. This indicates that the HTX platform has maintained efficient revenue conversion and high-volume burn schedules despite the broader market conditions, a feat that has significantly bolstered community and investor confidence.
Market capital flows further support this narrative. According to DefiLlama data, as of March 31, HTX ranked first globally among centralized exchanges (CEXs) for 24-hour net capital inflows, attracting $54.14 million in a single day.
Redefining Scarcity: 5.5% Annual Deflation Rate
Since the inception of the burn program in 2024, the cumulative reduction in $HTX supply—through burns and pledges—has surpassed 11% of the total supply. This represents a staggering average annual deflation rate of 5.5%, a figure that significantly outpaces most peer exchange tokens and mainstream crypto assets. This aggressive supply reduction creates a high degree of scarcity, providing a solid foundation for the token's long-term value.
While the supply side contracts, the demand for $HTX is being aggressively reinforced.
In Q1, $HTX was successfully listed on the European compliant exchange Bit2Me, expanding its user base and liquidity within regulated markets. Additionally, HTX DAO launched a $HTX staking feature, allowing hodlers to earn up to 10% APY while participating in governance, incentivizing long-term holding.
Since April 1, $HTX has served as the sole token for trading fee discounts on the HTX exchange. Its integration into core trading scenarios provides a sustainable engine for future burns and ongoing market demand.
The token's resilience against headwinds in Q1 2026 serves as a definitive validation of the $HTX deflationary model and the steady growth of the HTX ecosystem. As the burn mechanism continues and the ecosystem expands, the "absolute scarcity" of $HTX is expected to become increasingly pronounced.
About HTX DAO
As a multi-chain deployed decentralized autonomous organization (DAO), HTX DAO demonstrates an innovative governance approach. Unlike traditional corporate structures, it adopts a decentralized governance structure composed of a diversified group, jointly committed to the success of this organization. This unique ecosystem advocates openness and encourages all DAO participants to propose ideas that can promote the development of HTX DAO.
PANAMA CITY, April 17, 2026 /PRNewswire/ -- Despite a turbulent first quarter characterized by market volatility and shrinking global trading volumes, HTX DAO has delivered a robust deflationary performance.
According to an official announcement, HTX DAO successfully completed its $HTX burn for the first quarter of 2026 on April 15. A total of 10,825,402,253,521.04 $HTX tokens, valued at approximately $19.22 million, were permanently removed from circulation. This brings the cumulative total of $HTX burned and pledged to 110.32 trillion tokens to date.
Counter-Cyclical Resilience Amid Market Downturn
The global crypto market faced significant headwinds in Q1, with total trading volumes plunging by 27% quarter-over-quarter due to cautious macroeconomic sentiment. While much of the industry struggled with revenue contraction, $HTX demonstrated remarkable "counter-cyclical" resilience.
Data reveals that even in a subdued market, the volume of $HTX burned in a single quarter exceeded 1% of its total supply. This indicates that the HTX platform has maintained efficient revenue conversion and high-volume burn schedules despite the broader market conditions, a feat that has significantly bolstered community and investor confidence.
Market capital flows further support this narrative. According to DefiLlama data, as of March 31, HTX ranked first globally among centralized exchanges (CEXs) for 24-hour net capital inflows, attracting $54.14 million in a single day.
Redefining Scarcity: 5.5% Annual Deflation Rate
Since the inception of the burn program in 2024, the cumulative reduction in $HTX supply—through burns and pledges—has surpassed 11% of the total supply. This represents a staggering average annual deflation rate of 5.5%, a figure that significantly outpaces most peer exchange tokens and mainstream crypto assets. This aggressive supply reduction creates a high degree of scarcity, providing a solid foundation for the token's long-term value.
While the supply side contracts, the demand for $HTX is being aggressively reinforced.
In Q1, $HTX was successfully listed on the European compliant exchange Bit2Me, expanding its user base and liquidity within regulated markets. Additionally, HTX DAO launched a $HTX staking feature, allowing hodlers to earn up to 10% APY while participating in governance, incentivizing long-term holding.
Since April 1, $HTX has served as the sole token for trading fee discounts on the HTX exchange. Its integration into core trading scenarios provides a sustainable engine for future burns and ongoing market demand.
The token's resilience against headwinds in Q1 2026 serves as a definitive validation of the $HTX deflationary model and the steady growth of the HTX ecosystem. As the burn mechanism continues and the ecosystem expands, the "absolute scarcity" of $HTX is expected to become increasingly pronounced.
About HTX DAO
As a multi-chain deployed decentralized autonomous organization (DAO), HTX DAO demonstrates an innovative governance approach. Unlike traditional corporate structures, it adopts a decentralized governance structure composed of a diversified group, jointly committed to the success of this organization. This unique ecosystem advocates openness and encourages all DAO participants to propose ideas that can promote the development of HTX DAO.
** This press release is distributed by PR Newswire through automated distribution system, for which the client assumes full responsibility. **
HTX DAO Completes Q1 2026 $HTX Burn: Two-Year Supply Shrinks Over 11% as Deflation Accelerates
HTX DAO Completes Q1 2026 $HTX Burn: Two-Year Supply Shrinks Over 11% as Deflation Accelerates
