Stablecoin issuer Tether has frozen the USDT held by a Tron (TRX) network address linked to an online bazaar reportedly used by scam operators in Southeast Asia. Blockchain data analysis firm Bitrace says it has confirmed that the wallet holding over 29.62 million USDT has ties to Huione Guarantee, an online marketplace owned by a […]
The post Tether Freezes $29,620,000 in Tron Address With Links to Cambodian Ruling Family: Report appeared first on The Daily Hodl.
TRON founder Justin Sun has publicly endorsed former U.S. President and current presidential candidate Donald Trump in the upcoming election, citing his potential to provide a more favorable environment for the cryptocurrency industry. In a social media post, Sun expressed his hope for the President’s speedy recovery and praised Trump as a better choice for […]
According to a recent report, the cryptocurrency company Abra has acquired a collection of digital currency trusts from Valkyrie Investments. The transaction, which includes Valkyrie’s Tron and Zilliqa trusts, was reportedly concluded before Abra reached a settlement with state regulators. Valkyrie Sells Several Crypto Trusts to Abra At the end of June, Abra resolved licensing […]
Justin Sun has announced that developers are now working on a stablecoin transfer solution that can function without gas fees on the TRON (TRX) network. The crypto billionaire says the new service is set to roll out later this year, initially on TRON before expanding to Ethereum (ETH) and other EVM-compatible chains. “Our team is […]
The post Justin Sun Says TRON Team Designing New Gas-Free Stablecoin Transfer Solution appeared first on The Daily Hodl.
Justin Sun, founder of Tron, a smart contracts-enabled blockchain, has announced that his team is developing a gas-free transaction solution for stablecoins. This means that stablecoin movement fees will be free for the users, with issuers having the opportunity to pay for these. The service is expected to be operational by Q4 and will be […]
Leading smart contract platform Ethereum (ETH) generates far more revenue from fees per year than any other blockchain. New data from crypto tracker Lookonchain reveals that the top altcoin earns $2.728 billion in fees per year, or more than twice its closest rival, Tron (TRX), which earns $459.39 million annually. Ethereum also earned just over […]
The post $2,728,000,000 in Fees Generated by Ethereum Blockchain Annually, Over 5x Above Closest ETH Rival: Lookonchain appeared first on The Daily Hodl.
Orbital, a provider of blockchain-based payments, has published a blog post highlighting the importance of USDT payments on TRON in emerging markets. The company processes millions of on-chain transactions each year, valued in the billions of dollars. The post explains that while developed markets have little motivation to adopt crypto payments, the situation is different […]CryptoQuant now offers comprehensive TRON data analytics, providing real-time insights and enhanced data quality.
The post CryptoQuant Integrates TRON Data to Empower Users with Enhanced Blockchain Analytics appeared first on Crypto Briefing.
New data reveals the daily average volume of the stablecoin Tether (USDT) over the Tron (TRX) blockchain has surpassed that of credit card giant Visa. In a new post on the social media platform X, market intelligence firm Lookonchain notes that earlier this week, the 24-hour trading volume of Tether’s dollar-pegged digital asset over Tron […]
The post Tether’s USDT on TRON Network Surpasses Visa’s $42,000,000,000 Daily Average Volume: Lookonchain appeared first on The Daily Hodl.
According to data from the X account Lookonchain, the 24-hour trading volume of tether on the Tron network has surpassed Visa’s average daily transaction volume. Additionally, despite a general downturn in the crypto economy, tron (TRX) has achieved a 2% gain against the U.S. dollar over the past week. Tron Network’s USDT Volume Hits $53 […]
