Tag: Trons
Celo Blockchain Challenges Tron’s Leadership in Active Stablecoin Addresses After USDT Deployment
On Wednesday, Ethereum founder Vitalik Buterin cheered Celo's progress on X, galvanizing investor interest in the CELO token. As of writing, the crypt [...]
NY Judge Rejects U.S. SEC’s Efforts to Stymie Tron’s Arguments in Ongoing Securities Suit
“Indeed, if the SEC is granted permission to file a sur-reply addressing the various common enterprise tests (which were not addressed in any prior pl [...]
US court issues summons to Tron’s Justin Sun, threatens default judgment if no response
A United States court has issued a summons to Tron founder Justin Sun’s Singapore address in connection to a Securities and Exchange Commission (SEC) [...]
Tron’s TRX Down 6% as Binance.US Delists Token
"We operate in a rapidly evolving industry and our digital asset monitoring process is designed to be responsive to market and regulatory developments [...]
SEC files lawsuit against Tron’s Justin Sun and celebrities over crypto securities offering
The United States Securities and Exchange Commission, or SEC, has called for a jury trial against Tron founder Justin Sun for the “orchestration of th [...]
Tron’s Justin Sun Was Secret Top Client of Crypto Asset Manager Valkyrie
In other words, Valkyrie Investments, a money manager that pitches crypto products to Wall Street investors, mostly relied on Justin Sun, a controvers [...]
Tron’s USDD Stablecoin Falls to Under $0.97, Lowest Level Since June
UST crashed in May, destroying billions in investor wealth. However, before the crash, UST's market capitalization was $18 billion – or 18 times bigge [...]
Tron’s DAO to Purchase $300M USDT to ‘Safeguard’ Against Market Slump
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Tron’s stablecoin USDD loses dollar peg on suspected selloff by Alameda Research
In April 2022, the Tron network launched USDD, a token pegged to the U.S. dollar, as an "over-collateralized stablecoin," meaning its likelihood of sl [...]
Tron’s Stablecoin Peg to Dollar Wobbles; Justin Sun Swears to Deploy $2B to Prop Up
Tron founder Justin Sun tweeted Monday that the funding rate on the Binance exchange for betting against, or "shorting," the Tron blockchain's native [...]
‘Revolution’ Promised by Tron’s Justin Sun Looks Like Clone of Terra’s Algorithmic Stablecoin
JustLend, the biggest of the three, has $1.9 billion of deposits, but only $67 million borrowed, meaning that only 3.5% of the funds are actually used [...]
Tron’s Justin Sun Accused of ‘Governance Attack’ on DeFi Lender Compound
There are dozens of decentralized stablecoins now on the market, which is largely dominated by centralized alternatives like Tether and USDC. Addition [...]
Tron’s DLive platform below fireplace for reside streaming US Capitol extremists
DLive, the decentralized streaming platform that Justin Solar bought and migrated to Tron in December 2019, was utilized by a number of far-right e [...]
First Mover: Tron’s Play for WBTC Reveals Competitors to Relieve Ethereum Congestion
In contrast with the normal monetary system, the cryptocurrency business is evolving quick. Technologists are experimenting with the vast-reaching [...]
Tron’s BitTorrent Community Reaches 2 Billion Downloads
Peer-to-peer file sharing service BitTorrent, and little brother uTorrent, have now been downloaded greater than two billion instances on varied pl [...]