Justin Sun Buys Iconic Maurizio Cattelan Artwork ‘Comedian’ for $6.2 Million, Promises to Eat the Banana

November 21, 2024 Bitcoin.com

Justin Sun Buys Iconic Maurizio Cattelan Artwork ‘Comedian’ for .2 Million, Promises to Eat the Banana

Art

Justin Sun, the founder of TRON, has made headlines by acquiring Maurizio Cattelan’s iconic artwork “Comedian” for $6.2 million at a Sotheby’s auction. In a statement, Sun expressed his excitement, describing the piece as “not just an artwork; it represents a cultural phenomenon that bridges the worlds of art, memes, and the cryptocurrency community.” He […]

<div>Bitcoin 'diamond hand' sell-off risks outpacing ETF inflows at K</div>

Bitcoin ‘diamond hand’ sell-off risks outpacing ETF inflows at $98K

Binance Co-Founder Dispels Rumors That Crypto Exchange Asks for Tokens Prior to Listing

November 5, 2024 The Daily Hodl

andre cronje

Binance co-founder Yi He is pushing back against claims that her crypto trading platform asks for tokens in exchange for listing. Simon Dedic, the chief executive of the crypto investment firm Moonrock Capital, kicked off the argument when he said on the social media platform X last week that he’d recently talked with a “Tier […]

The post Binance Co-Founder Dispels Rumors That Crypto Exchange Asks for Tokens Prior to Listing appeared first on The Daily Hodl.

Bitcoin ‘diamond hand’ sell-off risks outpacing ETF inflows at $98K

Coinbase hit with $300M token listing allegations by Sun and Cronje

November 4, 2024 Coin Telegraph

Coinbase hit with 0M token listing allegations by Sun and Cronje

andre cronje

The rumors around the alleged listing fees could drive projects to decentralized trading platforms.

Some of the largest cryptocurrency exchanges allegedly ask for up to hundreds of millions of dollars for new token listings.

According to Tron founder Justin Sun, Coinbase allegedly asked for $330 million in total fees to list Tron (TRX). Sun posted on X on Nov. 4 that while Binance did not charge any fee, Coinbase requested 500 million TRX tokens (valued at around $80 million) and a $250 million Bitcoin deposit to be held in Coinbase Custody.

Coinbase listing fee allegations. Source: Justin Sun

Bitcoin ‘diamond hand’ sell-off risks outpacing ETF inflows at $98K

Justin Sun elected Prime Minister of Liberland micronation

October 11, 2024 Coin Telegraph

Coin Telegraph

Liberland was founded by Czech libertarian politician Vít Jedlička on April 13, 2015, in an area located between Croatia and Serbia.

Tron (TRX) founder Justin Sun has been elected as Prime Minister of Liberland — a micronation located between the borders of Croatia and Serbia — following the results of the self-proclaimed sovereign nation’s Oct. 5 elections.

According to a recent announcement from Liberland, entrepreneur Evan Luthra, journalist Jillian Godsi, former Croatian politician Ivan Pernar, and information technology professional Dorian Stern Vukotić, were also elected to Liberland’s Congress alongside Sun.

Spokespeople for the micronation issued this statement upon announcing the election results:

Bitcoin ‘diamond hand’ sell-off risks outpacing ETF inflows at $98K

Wrapped Bitcoin supplied on Aave hits record high despite backing fears

September 26, 2024 Coin Telegraph

21btc

WBTC is still the most popular Bitcoin wrapper, with nearly $10 billion in TVL, according to DefiLlama.

Wrapped Bitcoin (WBTC) supplied on decentralized lending platform Aave hit an all-time high despite anxieties around the Bitcoin (BTC) wrapper’s backing, according to data from Dune Analytics.

Aave’s WBTC supply on the Ethereum network broke 37,000 in September, or more than $2 billion at current prices, according to Dune.

The record-breaking total value locked (TVL) on Aave follows a wave of skepticism among cryptocurrency retail investors about the safety of the underlying spot Bitcoin backing WBTC.

Bitcoin ‘diamond hand’ sell-off risks outpacing ETF inflows at $98K

Coinbase’s New Wrapped Bitcoin Token Goes Live, Hitting $100,000,000 Market Cap in First Day

September 16, 2024 The Daily Hodl

Bitcoin

US crypto giant Coinbase has successfully gone live with the launch of its wrapped Bitcoin token at a $100 million market cap. The firm’s Coinbase Wrapped BTC (cbBTC) is a Bitcoin (BTC)-backed, Ethereum (ETH)-based token that aims to help users streamline their decentralized finance (DeFi) experience. Data from CoinGecko shows that cbBTC started trading on […]

The post Coinbase’s New Wrapped Bitcoin Token Goes Live, Hitting $100,000,000 Market Cap in First Day appeared first on The Daily Hodl.

Bitcoin ‘diamond hand’ sell-off risks outpacing ETF inflows at $98K

Tether, TRON and TRM Labs Form New ‘Crime Unit’ To Combat Illicit Use of USDT

September 10, 2024 The Daily Hodl

Daily Hodl

NO BYLINE, THANKS Three major players in the crypto space are teaming up to prevent the improper use of USDT, the largest stablecoin by market cap. Tether says in a new press release that it is teaming up with TRON (TRX) and blockchain intelligence firm TRM Labs to found the first-ever private sector financial crime […]

The post Tether, TRON and TRM Labs Form New ‘Crime Unit’ To Combat Illicit Use of USDT appeared first on The Daily Hodl.

Bitcoin ‘diamond hand’ sell-off risks outpacing ETF inflows at $98K

DeFi protocol Threshold proposes Bitcoin wrapper merger to ‘save WBTC’

August 30, 2024 Coin Telegraph

BiT Global

The proposal would effectively transfer control of WBTC to Threshold.

Bitcoin (BTC) decentralized finance (DeFi) protocol Threshold is proposing to merge its own BTC “wrapper” token, tBTC, into Wrapped Bitcoin (WBTC) in a bid to “save WBTC” following concerns about an impending change in control of the popular BTC wrapper, according to an Aug. 29 proposal in Threshold’s governance forum.

On Aug. 9, BitGo — the cryptocurrency custodian holding the Bitcoin backing WBTC — announced a planned partnership with BiT Global, a Hong Kong-based crypto exchange. Per the partnership, which aims to diversify WBTC’s United States-centric footprint, BiT Global is expected to gain partial control of the multisignature wallet custodying WBTC’s Bitcoin backing.

“This announcement has proven controversial due to the involvement of Justin Sun, with many in the ecosystem, expressing concern over his ‘affiliated projects show worrying signs of possible misappropriation’ of collateral,” Threshold’s proposal said.

Bitcoin ‘diamond hand’ sell-off risks outpacing ETF inflows at $98K

Tron memecoin deployer ‘SunPump’ tops $1M in revenue 11 days after launch

August 21, 2024 Coin Telegraph

Tron memecoin deployer ‘SunPump’ tops M in revenue 11 days after launch

Coin Telegraph

After 11 days of operation — including a brief downtime — the memecoin platform SunPump has helped create over 18,000 tokens.

SunPump, a new memecoin deployer on the Tron blockchain, has generated over $1.1 million in revenue in the 11 days since its initial launch.

The Justin Sun-backed platform has taken in total revenues of 7 million Tron (TRX) since its launch on Aug. 9, according to data from the web analytics platform Dune.

So far, SunPump’s biggest revenue day was Aug. 20, when it earned almost 2.78 million TRX worth roughly $400,000, with over 6,000 memecoins created.

Bitcoin ‘diamond hand’ sell-off risks outpacing ETF inflows at $98K

Tron Founder Justin Sun Links Meme Coin Push to USDT Liquidity

August 19, 2024 Bitcoin.com

bitcoin.com

Justin Sun, founder of the Tron blockchain ecosystem, clarified the reasons behind his drive to bring meme coins to the Tron network. According to Sun, the Tron blockchain has the upper hand compared to other chains, being home to $60 billion USDT. “No other blockchain protocol’s got a liquidity pool this massive,” Sun stressed, explaining […]

justin sun