justin sun

Lido’s Liquid Staking Protocol Dominates with $9.3B in Locked Ethereum, Boosted by Tron Founder’s Deposits

March 2, 2023 Bitcoin.com

Assets

During the past 30 days, the total value locked (TVL) in Lido Finance’s liquid staking protocol increased by 10.57%, with 7.56% of the increase occurring within the last seven days. The protocol’s dominance in decentralized finance (defi) has also increased, with its TVL accounting for 19.08% of the $49.66 billion locked in defi today. While […]

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Decentralized Exchange Velocore Confirms Breach, Reports $6.8 Million in Financial Losses

Liquid Staking Platform Lido Sees Largest Daily Stake Inflow, Receives 150,000 ETH Reportedly From Tron Founder

February 26, 2023 Bitcoin.com

asynchronous

On Saturday, the liquid staking protocol Lido tweeted about the largest daily stake inflow to date as 150,000 ethereum was staked. Reports indicate that the ethereum, worth more than $240 million, belongs to Justin Sun, founder of Tron. Liquid Staking Protocol Lido Records 150,000 Ether Inflow Lido, the liquid staking platform with the highest amount […]

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Decentralized Exchange Velocore Confirms Breach, Reports $6.8 Million in Financial Losses

FTX Warns Community of Phony ‘Debt Tokens’ and Scams Claiming to Be Affiliated With the Bankrupt Exchange

February 19, 2023 Bitcoin.com

All time high

On Friday, debtors who control the official FTX Twitter account warned the community to “be on alert for scams from entities claiming to be affiliated with FTX.” They also noted that neither FTX debtors nor any entity related to the company has issued any IOU crypto assets or “debt tokens.” The alert comes as a […]

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Decentralized Exchange Velocore Confirms Breach, Reports $6.8 Million in Financial Losses

Controversial Tron-Based Altcoin Skyrockets 39,500% After Launch on Crypto Exchange Huobi

February 7, 2023 The Daily Hodl

Altcoins

An altcoin recently launched on crypto exchange Huobi has exploded exponentially since being listed. FTX Users’ Debt (FUD), based on Tron (TRX) and first listed on Huobi, aims to maintain its value with the backing of the debt of those who lost funds on collapsed crypto exchange FTX. The token is issued by DebtDAO, an […]

The post Controversial Tron-Based Altcoin Skyrockets 39,500% After Launch on Crypto Exchange Huobi appeared first on The Daily Hodl.

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Decentralized Exchange Velocore Confirms Breach, Reports $6.8 Million in Financial Losses

Billionaire Justin Sun Announces Launch of New TRON-Powered AI Infrastructure and Payments Network

February 7, 2023 The Daily Hodl

AI

Justin Sun says Tron (TRX) will launch a new decentralized payment framework for artificial intelligence (AI) systems. The Tron founder says in a new Twitter thread that the framework will work for artificial intelligence research company OpenAI and its flagship project, ChatGPT, an AI chatbot that’s gone viral in the past few months. “The framework […]

The post Billionaire Justin Sun Announces Launch of New TRON-Powered AI Infrastructure and Payments Network appeared first on The Daily Hodl.

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Decentralized Exchange Velocore Confirms Breach, Reports $6.8 Million in Financial Losses

Crypto Exchange Huobi Lists New ‘FUD’ Token Backed by FTX Users’ Debt With Approval From Justin Sun

February 6, 2023 The Daily Hodl

Altcoin

Prominent crypto exchange platform Huobi has listed a new altcoin project backed by the debt of FTX users, according to a new company announcement. Huobi says it is supporting the token FTX Users’ Debt (FUD) with the approval of Justin Sun, a high-ranking advisor to the exchange and the founder of Tron (TRX). Crypto exchange […]

The post Crypto Exchange Huobi Lists New ‘FUD’ Token Backed by FTX Users’ Debt With Approval From Justin Sun appeared first on The Daily Hodl.

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Decentralized Exchange Velocore Confirms Breach, Reports $6.8 Million in Financial Losses

Tron Founder Justin Sun Looking To Spend $1,000,000,000 on Digital Currency Group’s Assets: Report

January 15, 2023 The Daily Hodl

Daily Hodl

Justin Sun is reportedly eyeing the assets of Digital Currency Group (DCG), the parent company of embattled crypto broker Genesis and many other firms in the industry. According to Reuters, the founder of blockchain network Tron (TRX) and advisor to crypto exchange Huobi is willing to allocate as much as $1 billion of his personal […]

The post Tron Founder Justin Sun Looking To Spend $1,000,000,000 on Digital Currency Group’s Assets: Report appeared first on The Daily Hodl.

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Decentralized Exchange Velocore Confirms Breach, Reports $6.8 Million in Financial Losses

Osprey Vies for Control of Grayscale’s Bitcoin Trust; Tron’s Justin Sun Offers to Invest Up to $1B on DCG Assets

January 14, 2023 Bitcoin.com

1 billion

Following charges by the U.S. Securities and Exchange Commission against the crypto exchange Gemini and the digital currency lender Genesis, Tron founder Justin Sun told the press that he may be able to purchase assets from Genesis, up to $1 billion, “depending on their evaluation of the situation.” Additionally, the crypto investment manager Osprey has […]

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Decentralized Exchange Velocore Confirms Breach, Reports $6.8 Million in Financial Losses

Tron’s USDD Stablecoin Experiences Fluctuations Again, Drops Below $1 Parity in Early 2023

January 11, 2023 Bitcoin.com

anxiety

The Tron-based stablecoin USDD fell below $1 parity again during the first week of 2023 and on Jan. 10. Four days ago, the stablecoin dropped to $0.972 per unit and on Tuesday, Jan. 10, 2023, USDD slipped to $0.977 per unit. At the time of writing, the Tron-issued stablecoin is trading at 98 cents per […]

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Decentralized Exchange Velocore Confirms Breach, Reports $6.8 Million in Financial Losses

Huobi Layoffs Spark Controversy and Speculation, Justin Sun Claims Everything Is Fine

January 6, 2023 Bitcoin.com

Bear Market

The cryptocurrency exchange Huobi is laying off 20% of its employees, according to multiple reports over the past two days. However, Huobi’s advisor Justin Sun, the founder of Tron, told the South China Morning Post that the layoff reports were untrue. A Huobi spokesperson later confirmed that the staff cuts are true and Huobi plans […]

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Decentralized Exchange Velocore Confirms Breach, Reports $6.8 Million in Financial Losses