The Tron decentralized finance (DeFi) space is on fire, exceeding a staggering $21.7 billion in total value locked (TVL), according to recent reports. This surge signifies a robust and flourishing DeFi ecosystem on the Tron blockchain. However, investors should be aware of a potential short-term dip in the price of Tron’s native token, TRX. Tron […]
Reports unveiled that part of the stolen funds from crypto exchange Poloniex have been moved for the first time. After six months, one of the identified accounts where the exploit proceedings were sent in November 2023 transferred $3.5 million to a crypto mixer. Stolen Funds Transferred For The First Time On Monday night, one of […]
Lookonchain has revealed insights into what might be new transactions by Justin Sun, founder of the TRON blockchain. Whale transactions are very rampant in the crypto industry. It is common practice for on-chain analytics platforms and cryptocurrency investors to keep a careful eye on the buying and selling activity of whales, as their movement tends […]
Circle, the entity behind the prominent crypto stablecoin USDC, announced its decision to discontinue its association with the TRON blockchain yesterday. This cessation of USDC operations on TRON, effective immediately, will stop the minting of new USDC tokens on TRON, though transfers and redemptions will be facilitated until February 2025. The surprising announcement led to […]
The cryptocurrency investment landscape has recently witnessed a significant uptick in activity, with digital asset investment products recording inflows of roughly $1.1 billion, according to a recent blog post shared by Coinshares, a leading digital asset investment firm. This surge has propelled the year-to-date inflows to roughly $2.7 billion, as reported by the firm. Additionally, […]
Shiba Inu, an Ethereum-based meme coin, is currently in the spotlight as the altcoin has been witnessing massive accumulation in the past few days, which has raised speculations among community members about whether a sell-off is imminent. Justin Sun Increases Shiba Inu Portfolio One of the Shiba Inu accumulation that has sent shockwaves within the […]
According to Qiao Wang, the customer support at Alliance DAO, Tron is the blockchain that has best banked the unbanked around the world. Tron is a smart contract platform and one of the many competitors of Ethereum. Taking to X on December 25, Wang argues that Ethereum (ETH), Bitcoin (BTC), and Solana (SOL) are “too volatile, too […]
A report from news outlet Reuters indicates increasing oversight by Israeli authorities on transactions on TRON. The report comes amid backlash from the crypto community due to mainstream media outlets trying to link crypto to illegal activity. BTC’s price trends to the upside on the daily chart. Source: BTCUSDT on Tradingview Israel Intensifies Crackdown On […]
Campaign for Accountability (CfA), a non-profit ethics watchdog organization, has written a letter to popular anti-crypto US senators Elizabeth Warren and Sherrod Brown, alerting them to possible links of Circle, the USD Coin (USDC) stablecoin issuer, to terrorist financing activities. Circle Compromised By Integration With TRON, CfA Says In its letter dated November 9, CfA states […]
Reports reaching us at Bitcoinist are that the Justin Sun-led Poloniex crypto exchange has been hacked and the attackers are currently siphoning funds away from the exchange at an alarming rate. So far, over $60 million in crypto is suspected to be already stolen spanning digital assets such as Tron (TRX), Pepe (PEPE), and Magic […]
Only 7% of users who first interact with Ethereum will continue to do so even after a year, latest Token Terminal data on October 9 shows. This statistic means that roughly 93% of users will stop using the platform to transfer tokens or deploy smart contracts within a year. This suggests that the platform (or its […]