While the rumor about the founder of Tron, Justin Sun, circulated over social media, Binance US, the world’s largest cryptocurrency exchange, announced that the platform will delist the TRX token starting on April 18, which is connected to Justin Sun’s Tron crypto platform. That resulted in a decline in the
On March 31st, Justin Sun, founder of Tron, stepped down from his position as Grenada’s Ambassador to the World Trade Organization (WTO). Sun’s diplomatic status comes to an end amid the Securities and Exchange Commission (SEC) charged the Tron CEO with fraud and market manipulation. As my term as the
Tron Founder Justin Sun is in the discussion of selling some of the stakes in the crypto exchange Huobi Global. Notably, Justin Sun offered to the U.S. government to buy the seized 41K Bitcoin. He purchased the crypto exchange for $1 billion last year after the entire shareholders and co-founders
On Wednesday, the U.S. Securities and Exchange Commission (SEC) filed charges of fraud against Chinese cryptocurrency entrepreneur Justin Sun. Among the eight celebrities included in the SEC’s complaint are Lindsay Lohan and Soulja Boy. Since August 2017, Sun and his businesses have been accused of conspiring to distribute billions in
The Securities and Exchange Commission (SEC) accused Tron founder Justin Sun on Wednesday of orchestration of the unregistered offer and sale, manipulative trading. And unlawful touting of crypto asset securities. Today we charged crypto entrepreneur Justin Sun and three of his wholly-owned companies for the unregistered offer and sale of
On March 21 Tether minted 1 billion USDT on the Tron Network. This follows the billions of stablecoin that it has minted over the last week. In the last seven days, Tether has minted 4 billion USDT. Tether’s mintings have come as the stablecoin sector is facing increased competition, with
Switzerland Country’s second-largest private lender Credit Suisse Bank sold to UBS for $3 Billion. The Credit Suisse Group announced it entered a merger agreement with UBS today. Under the terms of the merger agreement, all the shareholders will get 1 share of UBS for 22.48 shares in Credit Suisse. According
Tether made an announcement of coordinating with Binance to perform a chain swap. This is basically a conversion process of assets from the existing blockchain to another blockchain. Tether’s announcement had details of tokens in Tron shifted to Ethereum. In few minutes Tether will coordinate with Binance to perform a
In order to empower the next generation of AI developers, Oraichain has teamed with TRON. Artificial intelligence has now entered the mainstream. Together, via education, incubation, and technological integrations, we will endeavor to secure the future of decentralized AI. We are happy to announce that Oraichain and TRON have entered
Financial data analytic firm Messari said that in the fourth quarter of 2022, the blockchain platform Tron Network produced $47.9 million in revenue, up 25% from the previous quarter. Additionally, the company saw an a increase in daily active addresses and daily transactions. Most recently, Messari detailed how the cryptocurrency
