How a $6 million banana took Tron to all-time highs?

In the attention market, Justin Sun knows how to stand out. The founder of Tron knew how to cause a “butterfly effect” that benefited his cryptocurrency. “A banana will take the price of a cryptocurrency to all-time highs.” At the time, that phrase would have generated more laughter than a serious debate among investors in … Read more

Tron founder buys influence in Trump’s cryptocurrency project

“Justin’s knowledge and experience will be instrumental,” the team says. Sun announced the investment of $30 million in Trump’s DeFi platform. Justin Sun, founder of Tron, bought influence in the cryptocurrency project launched by US President-elect Donald Trump. The investor and businessman was announced as the new advisor to World Liberty Financial (WLF). According to … Read more

You can now use USDC on the Tron network again, but with one condition

By depositing USDC-ERC20 into Ethereum, Tron creates an equivalent amount in the new currency. The TRON-Peg USD Coin is audited by the ChainSecurity firm. Tron DAO announced the launch of TRON-Peg USD Coin on the Tron blockchain, opening “new doors for cross-chain transactions and expanding our stablecoin ecosystem.” As reported by the DAO in a … Read more

Tron addresses and resolves various vulnerabilities in its network

The Chain Security company carried out a security review process for Tron (TRX), the network created by Justin Sun. It discovered “several vulnerabilities” that have already been resolved, as detailed by the security company on September 30. Chain Security, intended for smart contract audits and security solutions for networks and decentralized applications (dApps), reported that … Read more

Celo overtakes Tron in addresses linked to stablecoins

The growing interest in the use of stablecoins The recent report from analytics platform Celo (CELO), a layer-one (L1) network launched in 2020 that is in the process of transitioning to an Ethereum (ETH) layer-two (L2) network, demonstrated on-chain Artemis. Regarding the report provided by Artemis on Celo L1, it was highlighted that this network … Read more

Tron creates Financial Crimes Unit to monitor USDT activity

Tron announced today the creation of a Financial Crimes Unit “T3” that will attempt to combat illicit activity linked to the use of the stablecoin USDT on its network. The anti-crime unit was created together with Tether, the issuing company of the stablecoin USDT, and the company specializing in fraud and financial crime prevention in … Read more