tron

TRON Founder Justin Sun Named Advisor to Donald Trump’s World Liberty Financial After Acquiring 10% Stake

November 28, 2024 The Daily Hodl

Altcoins

TRON (TRX) blockchain founder Justin Sun is now an advisor to World Liberty Financial (WLFI), the decentralized finance (DeFi) crypto project backed by US President-elect Donald Trump. In a post on social media platform X, WLFI says Sun’s qualifications will enable him to make significant contributions to the development of the platform. “Justin is the […]

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Sky’s Stablecoin USDS Climbs to $2 Billion Circulation in Breakout Month

TRON Founder Justin Sun Becomes Biggest Investor in Donald Trump’s New Crypto Project

November 27, 2024 The Daily Hodl

Altcoins

Justin Sun, the founder of the TRON (TRX) blockchain, has announced a multi-million dollar investment in World Liberty Financial, a decentralized finance (DeFi) crypto project backed by US President-elect Donald Trump. Sun says that TRON blockchain’s decentralized autonomous organization, TRON DAO, will invest $30 million in World Liberty Financial. “The US is becoming the blockchain […]

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Sky’s Stablecoin USDS Climbs to $2 Billion Circulation in Breakout Month

CryptoQuant CEO Says Ethereum Rival Has Achieved Strong Market-Product Fit Hosting $60,000,000,000 in USDT

November 27, 2024 The Daily Hodl

Altcoins

An Ethereum (ETH) competitor has captured a massive share of USDT stablecoin transactions, according to the chief executive of the analytics firm CryptoQuant. Ki Young Ju says on the social media platform X that the value of the USDT hosted on Tron (TRX) is now more than three times the layer-1 blockchain’s market cap. “TRX […]

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Sky’s Stablecoin USDS Climbs to $2 Billion Circulation in Breakout Month

Tether mints $1 billion USDt on Tron, pays zero fees — Arkham

November 16, 2024 Coin Telegraph

Coin Telegraph

According to stablecoin firm Tether, approximately $127 billion in Tether-USD tokens (USDt) are currently in circulation.

Tether minted $1 billion in USDt (USDT) stablecoins on the Tron network and paid no fees for the large transaction, according to data from onchain analytics firm Arkham Intelligence.

The analytics platform highlighted the Nov. 14 transaction from a “black hole address” on Tron to Tether’s multisignature wallet beginning with the characters “TBPxh.”

Onchain records also show that almost immediately after the 1 billion USDT was sent to Tether’s multisignature wallet, the funds were transferred to the stablecoin firm’s treasury, and this transaction likewise featured zero fees.

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Sky’s Stablecoin USDS Climbs to $2 Billion Circulation in Breakout Month

TRON DAO adopts Chainlink Data Feeds to strengthen DeFi security, accelerate TRON’s growth

October 31, 2024 The Crypto Briefing

Chainlink

The integration could enhance TRON's DeFi ecosystem security and innovation, potentially driving broader adoption and growth in the blockchain space.

The post TRON DAO adopts Chainlink Data Feeds to strengthen DeFi security, accelerate TRON’s growth appeared first on Crypto Briefing.

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Sky’s Stablecoin USDS Climbs to $2 Billion Circulation in Breakout Month

From $3.6T to $1.2T: The Surprising Decline in Stablecoin Transfer Volume Unveiled

October 20, 2024 Bitcoin.com

Altcoins

Since October kicked off, the stablecoin market has experienced a modest boost, though overall growth has remained quite slow. Currently, the sector is valued at $172.7 billion, with 48.9% of stablecoins residing on Ethereum and 34.92% circulating on Tron. Although the stablecoin landscape has expanded considerably since the start of the year, transfer volumes have […]

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Sky’s Stablecoin USDS Climbs to $2 Billion Circulation in Breakout Month

Memecoins drove Tron network revenue to new high over Q3: Messari

October 18, 2024 Coin Telegraph

active users

Nearly a third of Tron’s record $151 million quarterly revenue came from its new memecoin launchpad SunPump over a two week period.

Tron’s memecoin launchpad SunPump has driven the blockchain’s quarterly revenue to a record high of $151.2 million across the third quarter, a nearly 30% quarter-on-quarter bump, says Messari.

A memecoin frenzy saw over 89,000 tokens launched on SunPump between Aug. 12 and Sept. 30 and led to Tron’s decentralized finance transactions gaining by 487% over Q3, Messari said in an Oct. 17 report.

Between Aug. 16 and 31, over 270 million TRON (TRX) tokens were burned, generating around $42 million — nearly 27% of Tron’s Q3 revenue, Messari noted.

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Sky’s Stablecoin USDS Climbs to $2 Billion Circulation in Breakout Month

Down from the Peaks: Bitcoin Nears Record High While Altcoins Face Uphill Battle

October 6, 2024 Bitcoin.com

All time high

As of today, Oct. 6, 2024, the countdown to the end of the year continues, with just 87 days left. Bitcoin (BTC) is holding strong at just over $62,000, although it’s still trailing 15.6% below its record high from seven months ago. Meanwhile, ethereum (ETH) is facing a steeper climb, currently priced at $2,432—sitting 50.2% […]

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Sky’s Stablecoin USDS Climbs to $2 Billion Circulation in Breakout Month

TRON DAO featured as Title Sponsor at KBW, showcases growing meme coin ecosystem

September 16, 2024 The Crypto Briefing

Crypto Briefing

TRON DAO's prominence at KBW highlights the increasing institutional interest and cultural significance of the meme coin market.

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Sky’s Stablecoin USDS Climbs to $2 Billion Circulation in Breakout Month

Crypto Exchange Hacked After 150 Suspicious Transactions Drain Over $22,000,000 From Reserves: SlowMist

September 11, 2024 The Daily Hodl

Bitcoin

Blockchain security firm SlowMist is reporting that an Indonesian crypto exchange was hacked for over $22 million in digital assets. SlowMist says that crypto exchange Indodax saw its hot wallets exploited across multiple blockchains, including Bitcoin (BTC), TRON (TRX), Ethereum (ETH), and ETH layer-2s Polygon (POL) and Optimism (OP). The firm’s data says that the […]

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Sky’s Stablecoin USDS Climbs to $2 Billion Circulation in Breakout Month