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Search Results for: Tron

Tron-based stUSDT Secures 1st Spot on DefiLlama’s RWA TVL Rankings

Through the decentralized platform JustLend, the TRON ecosystem recently welcomed its first Real World Asset (RWA) product: stUSDT. Justin Sun, creator of TRON and member of Huobi’s global advisory board, predicted that stUSDT will become the cryptocurrency equivalent of Alipay’s Yu’e Bao, a money market fund service provided by Alibaba.

July 12, 2023 2 mins read

CoinDCX CEO Sparks Controversy with Strong Opposition to P2P, Citing High Risks

Sumit Gupta, CEO of the Indian crypto exchange CoinDCX, expressed strong opinions about the risks associated with P2P trading. He stated that peer-to-peer (P2P) should be avoided because it is not at all worth the risk. Gupta’s notable tweet has sparked a heated debate within the crypto community, raising important

July 5, 2023 2 mins read

TRON’s Phenomenal 5-Year Run: Over 2 Million Active Addresses Fuel the Success

In a stunning display of digital prowess, TRON outshines its competition with an impressive 2 million daily active addresses, driving a renewed wave of global interest in its potential.  💥 @trondao continues to dominate the market, in terms of daily active addresess. With over 2 million daily active addresses, #Tron

July 4, 2023 2 mins read

Crypto Market Overview: Bitcoin Completes Strong Quarter with 7% Gains

The crypto market has witnessed a lot of ups and downs in 2023. It continues to attract investors and traders with its resilience and volatility. The major traditional banks have recognized the potential of cryptocurrencies and are stepping up crypto adoption. ⚡ Market Overview #Bitcoin price trades above $30K The

July 2, 2023 2 mins read

Binance Stands Strong as Court Denied the SEC’s Request

The U.S. Securities and Exchange Commission filed a lawsuit against the world’s largest crypto exchange, Binance. The SEC’s ongoing lawsuit against the leading crypto exchange has gained significant attention within the crypto community. On June 17, the crypto exchange shared an update on the ongoing lawsuit. Binance stated that the

June 18, 2023 1 min read

Tether Treasury Mints 1B USDT on Tron Network for Future Use

Tether, the leading issuer of stablecoins, has recently completed a significant minting process at Tether Treasury. In an effort to replenish its inventory, Tether has minted a whopping 1 billion USDT (equivalent to $1,005,442,500 USD) tokens on the Tron Network.  💵 💵 💵 💵 💵 💵 💵 💵 💵 💵

June 16, 2023 1 min read

Ault Alliance Seeks to Capitalize on Strong Market Interest and Sell Prime St. Petersburg Property

LAS VEGAS–(BUSINESS WIRE)–$AGREE #AGREE—Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“Ault Alliance” or the “Company”), announced today that it intends to take advantage of the growing demand and market interest by selling its centrally located, multifamily property in St. Petersburg, Florida, previously acquired through its subsidiary, Ault

June 15, 2023 3 mins read

DWF Labs Collaborates with TRON to Bolster Blockchain Ecosystem

In a recent revelation, DWF Labs, the globally recognized digital asset market maker and Web3 investment firm announced a strategic partnership with TRON. TRON, a leader in blockchain technology, focuses on internet decentralization via decentralized applications (dApps). Consequently, DWF Labs will now serve as TRON’s liquidity provider, significantly boosting its

June 15, 2023 1 min read

TrueUSD (TUSD) Stablecoin Makes Strong Come Back Post Brief Depeg

After a brief interruption in minting activity via its technological partner Prime Trust, the stablecoin TrueUSD (TUSD) lost its dollar peg in the early hours of June 10. At its lowest in the last 24 hours, the market price of the fifth most valuable stablecoin by capitalization was $0.9958. Its

June 11, 2023 2 mins read

Ripple (XRP) Has Indicating Strong Bullish Momentum

The U.S. Securities and Exchange Commission (SEC) continues its charges against the top crypto exchanges, Binance and Coinbase, which have had a great impact on the crypto market. Even though the top cryptocurrencies are down, Ripple (XRP) has shown positive signs in the crypto market. On the other hand, Ripple

June 10, 2023 1 min read