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 […]
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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 […]
The hacker who looted the crypto exchange Poloniex has started moving Ethereum (ETH) to the mixing service Tornado Cash, according to the digital asset de-anonymizing platform Arkham. Arkham notes the hacker moved 1126.1 ETH worth more than $3.4 million into Tornado Cash across a series of 20 transactions on Monday and Tuesday. They represent the […]
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New data from blockchain-tracking service Lookonchain reveals that the founder of Tron (TRX) is gobbling up hundreds of millions of dollars worth of Ethereum (ETH) as the crypto market goes through a correction. In a new thread on the social media platform X, Lookonchain says that Justin Sun, who founded Tron in 2017, has accumulated […]
The post Tron Founder Justin Sun Accumulates Over $559,000,000 in Ethereum (ETH) Amid Crypto Correction: Lookonchain appeared first on The Daily Hodl.
The SEC filed an amended suit against Justin Sun after the Tron founder sought to dismiss the suit last month, claiming the regulator had no jurisdiction.
The United States Securities and Exchange Commission has rejigged its lawsuit against Tron founder Justin Sun, claiming he’s “traveled extensively” throughout the country — thus giving it jurisdiction.
The regulator argues it has “personal jurisdiction” over Sun, Tron and two other businesses he controls, as they “purposefully took actions in and directed toward the United States,” it wrote in an April 17 amended complaint to a Manhattan federal court.
Sun spent a total of over 380 days in the U.S. between 2017 and 2019 on business trips to New York City, Boston and San Francisco, the SEC claimed.
We’re thrilled to announce the support for bonded on-chain staking strategies for DYM, SEI and TRX starts now in most regions! Start staking on Kraken Pro How can I start staking? Add crypto assets to your Kraken account by navigating to Funding, selecting the asset, and hitting Deposit. Clients can now stake crypto assets and […]
The post Bonded Staking for DYM, SEI and TRX starts now appeared first on Kraken Blog.
Billionaire and founder of Tron (TRX) Justin Sun is revealing his Bitcoin (BTC) holdings on crypto exchange HTX. Sun tells his 3.5 million followers on the social media platform X that his HTX account holds 28,613 BTC, worth about $1.62 billion at time of writing. Sun is an advisor for HTX, formerly known as Huobi, […]
The post Justin Sun Reveals $1,622,357,100 Stash of Bitcoin (BTC) Sitting on Crypto Exchange HTX – Here’s Why appeared first on The Daily Hodl.
Stablecoin issuer Circle is ending support for its US dollar-pegged digital coin on the Tron (TRX) blockchain. Circle says it will stop minting USDC on the Justin Sun-founded network effective immediately, though it will continue to support transfers and redemptions until February 2025. “Circle Mint customers may transfer USDC on TRON to other supported blockchains […]
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Digital assets manager CoinShares says institutions poured $1.1 billion into crypto investment products one month after the U.S. Securities and Exchange Commission (SEC) approved spot BTC exchange-traded funds (ETFs). In its latest Digital Asset Fund Flows report, CoinShares finds that crypto investment products saw over a billion dollars in inflows last week and show no signs […]
The post Ethereum and Cardano Lead Institutional Altcoin Inflows As $1,100,000,000 Hits Crypto ETPs: CoinShares appeared first on The Daily Hodl.
Cryptocurrency analyst and trader Ali Martinez says that one top-10 altcoin by market cap is flashing a bullish signal after a weeks-long downtrend. Martinez tells his 43,600 followers on the X social media platform that XRP is “poised for an upswing” that could last “one to four weeks” based on the Tom Demark (TD) Sequential […]
The post Crypto Analyst Predicts Surge for One Top-10 Altcoin Lasting up to Four Weeks, Updates Outlook on Tron (TRX) appeared first on The Daily Hodl.
