Recent significant Bitcoin (BTC) and Wrapped Bitcoin (WBTC) transactions have drawn attention to an address suspected to be connected to Justin Sun’s team. The activity has sparked widespread speculation within the cryptocurrency community, especially following BitGo’s recent decision to transition WBTC custody to a joint venture involving Sun’s TRON ecosystem.
The Tron network founded in 2017 maintained an average of 7 million transactions per day with over 8.2 billion transactions. This network has now recorded an impressive 7.99 million daily transactions last week. The low gas fee of the network is one of the major reasons for the high number
Coinbase, one of the leading cryptocurrency exchanges, has recently launched its own wrapped Bitcoin token, cbBTC, on the Base blockchain. This move comes amid growing speculation and significant announcements surrounding wrapped Bitcoin (WBTC), which remains a major topic of discussion within the crypto community. Just hours ago, Coinbase tweeted about
Following a sharp dip to the $2,100 zone on Monday, Ethereum (ETH) has climbed back to test the $2,500 barrier. This recovery raises questions about the Ethereum market trend, with a target at the $2,750 level before possibly resuming a bearish trend. On Monday, ETH’s price plummeted more than 23%
In recent market activity, suspicions have arisen surrounding prominent figure Justin Sun, the founder of TRON, following a series of significant transactions involving sizable sums of various cryptocurrencies according to data from the prominent data aggregator, LookonChain. The suspicions were initially sparked when a wallet believed to be associated with
Tron Network, founder Justin Sun has unveiled plans for a grand airdrop celebration, commemorating the platform’s achievement of reaching 200 million users. The airdrop, set to be executed through Binance Square’s Red Packet feature, serves as a token of gratitude to the vibrant user community that has consistently supported Tron,
There has been a questionable transfer of $86 million from one of the HECO accounts to an unknown address. Cyvers Alerts, an on-chain security tool driven by AI, has announced that it has uncovered the mysterious transaction. HECO, created by Justin Sun, is a gateway that enables the exchange of
The crypto market has experienced significant growth and massive development over the years. Every country around the world has started adopting and creating a crypto-friendly environment for people. On the other hand, Justin Sun, the founder of Tron, disclosed that in China, cryptocurrencies are protected by law and are regarded
TronDAO has partnered with the decentralized exchange Curve Finance. The partnership aims to provide assistance and strengthen the security measures of the Tron Network. Moreover, Tron DAO Venture, the investing arm of Tron DAO, has recently purchased $2 million worth of CRV tokens. And also, Curve will integrate with Tron
Fears of bankruptcy and reports that Chinese authorities are investigating Huobi’s management led to $64 million in withdrawals during the weekend. Total value locked (TVL) on the exchange fell to $2.5 billion from $3.09 billion the previous month as speculations persisted. The top management of the exchange was allegedly detained
