Tron’s blockchain has seen remarkable progress, with its native token, TRX, surging to a yearly high as the network achieved its second-largest monthly revenue on record. Data from CryptoSlate shows that TRX reached $0.17 within the past 24 hours, reflecting a 55% increase year-to-date. This significant price gain reinforces TRX’s place among the top 10 […]
The post Tron hits second-highest revenue as TRX gains momentum appeared first on CryptoSlate.
CoinDesk had 20 minutes in person with the Tron founder on the sidelines of Chainlink's Smartcon at Hong Kong Fintech Week. We covered a lot.
This week's issue could not be more chock-full of blockchain content. We clarify Tron founder Justin Sun's role in the WBTC project, bring you excerpts from the new crypto book "Lessons Learned" and highlight inspirational women of Web3 and AI. PLUS a photo from the stage at Cosmoverse.
The business plan for WBTC is to increase the outstanding amount by five to 10 times what is now, just under $10 billion – using a geographically diversified custodial setup that might be more appealing to buyers outside the U.S
Concerns about wBTC’s planned custody shakeup are overblown. For added safety, cbBTC is the best alternative.
An influential adviser to DeFi lender Sky, formerly known as MakerDAO, now says their concerns have been adequately addressed regarding Tron founder Justin Sun's involvement in the custody of bitcoin backing the WBTC token.
As the Tron ecosystem continues to experience significant adoption, the community has successfully come to an agreement on the Sun Pump Protocol’s revenue allocation strategy introduced by the project’s founder Justin Sun. This agreement represents a major turning point for the Tron network since community members agreed on how to distribute the generated funds, guaranteeing […]
Justin Sun's SunPump community abandons LP token burning in favor of a more transparent, onchain buyback and burn process.
The proposal would effectively transfer control of WBTC to Threshold.
Amid the memecoin frenzy on the Tron network, Justin Sun is facing backlash for the controversial removal of over $700 million in Bitcoin (BTC) as USDD’s collateral without the Tron DAO Reserve’s vote. Sun has now addressed the situation after the move raised concerns about the stablecoin’s decentralization. Related Reading: Tether Announces Upcoming UAE Dirham-Pegged […]
The newly introduced SunPump, a meme coin deployer on the Tron network, is seeing significant adoption in the industry. Following the launch of the meme coin deployer, Tron (TRX) has risen to the top of trending cryptocurrency assets, triggering a wave of engagement and interest within the Tron ecosystem, as cited by Santiment, a leading […]
USDD’s Bitcoin collateral was removed without a vote from its DAO, but Justin Sun insists it’s a normal event in DeFi.
After 11 days of operation — including a brief downtime — memecoin platform SunPump has helped create over 18,000 memecoins.
A New York judge has rejected a request from the U.S. Securities and Exchange Commission (SEC) to force a pre-trial conference or to require the filing of an additional response in its ongoing securities fraud lawsuit against the Tron Foundation and founder Justin Sun.
Plus, bettors see RFK dropping out by November without a Trump endorsement, and China's 'bitcoin ban' is more complicated than what Justin Sun thinks.
According to data from DeFi Llama, the Tron network accrued $1.31 million in network revenue during the past 24 hours alone.
Over the weekend, more than $1 billion in futures positions were liquidated from the crypto markets as fears of a looming recession intensified.
Famous crypto enthusiast and founder of Tron DAO, Justin Sun has revealed the main focus for the Tron ecosystem for the third and fourth quarters of the year in the midst of recent heightened optimism witnessed around the ecosystem. Main Focus For The Tron Ecosystem In The Second Half Of The Year During the weekend […]
Musk and Sun's endorsements could significantly influence the crypto community's support, potentially reshaping the 2024 election dynamics.
The post Elon Musk, Justin Sun fully endorse Trump in presidential race after rally shooting appeared first on Crypto Briefing.
In an exciting development, Justin Sun, founder of Tron Network, has announced plans are underway to introduce gas-free stablecoin transfers. This has drawn much reaction with many applauding Tron’s latest proposed feature, while other users criticize the late implementation of this upgrade. Related Reading: Crypto Mogul Justin Sun Offers To Buy Germany’s $2 Billion Bitcoin […]
The German government’s recent involvement in the Bitcoin market has contributed to selling pressure, resulting in an 18% retracement for BTC’s price over the past 30 days. However, Justin Sun, the founder of the TRON blockchain and CEO of BitTorrent, has offered to mitigate the impact of the ongoing Bitcoin sell-off. Justin Sun’s Bid To […]
Coinbase is lagging behind HTX and Bitrue exchange, with around $2 billion in spot trading volumes.
Justin Sun, Tron’s blockchain founder, has called on the crypto community to support a pro-crypto candidate in the forthcoming US presidential elections in November. Sun made this appeal in a May 26 social media post, emphasizing the importance of aligning with a candidate who endorses cryptocurrencies to ensure the industry’s voice is heard and interests […]
The post Justin Sun urges crypto community to back pro-crypto presidential candidate appeared first on CryptoSlate.
The TRON Foundation and Justin Sun asked a New York court to dismiss an SEC lawsuit, arguing that the regulator failed to establish that the court has jurisdiction over the foreign defendants.
Liquid restaking platform EtherFi’s ETHFI token has faced considerable struggles since its airdrop, partly due to one of its early investors selling their airdropped tokens. Blockchain analytical firm Nansen reported how Arrington XRP Capital, one of EtherFi’s investors, allegedly may have gamed EtherFi’s airdrop process for personal profit. Arrington ‘sybils’ EtherFi Nansen’s findings reveal that Arrington […]
The post Sybil attack concerns spark controversy for EtherFi airdropped ETHFI token appeared first on CryptoSlate.
The world of Decentralized Finance (DeFi) witnessed a power move this week. Justin Sun, the Tron poster child, strategically deployed a massive 120,000 Ethereum (ETH) into the burgeoning Ether Fi protocol. This $480 million injection not only underscores Sun’s commitment to the DeFi space but also propels Ether Fi to the forefront of the industry. […]
Tron founder Justin Sun deposited 120,000 ether worth $480 million into liquid restaking protocol Ether.Fi, according to blockchain data.
Binance will delist the COMP/TUSD, EDU/TUSD and PENDLE/TUSD trading pairs on March 15 at 03:00 UTC.
Hong Kong's securities regulators says HBGL Hong Kong Limited withdrew its application for a license on February 23.
Sun then followed up around 15 minutes later saying that all services on HTX had been restored