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
Binance will change withdrawal fees on the TRON (TRX) Network in accordance with the most recent proposal 83 that the TRON (TRX) community accepted in order to switch the energy charging system to a dynamic energy model. #Binance will adjust the TRON Network Withdrawal Fees. This adjustment is in line
After “TRON’s Proposal No. 83, to activate dynamic energy”, which becomes active on the 5th of February, 2023, TRON-powered TRC-20 transactions faced interruptions. Users of USDT encounter a problem with transferring their funds to other exchanges. Following the proposal, the stablecoin Tether “USDT” has buzzed social media with transaction issues.
Artificial Intelligence is the latest buzz in almost all sectors. With tech giants like Google and Microsoft investing millions of dollars in startups focusing on AI. The crypto sector won’t stay far away either. On Saturday, Justin Sun, Tron’s creator, announced plans for a decentralized payment structure built on the
After a crackdown on cryptocurrency trading and mining in the middle of 2021, Tron founder Justin Sun claimed Monday that China is plotting a return to the sector. With the introduction of a tax on crypto transactions, China has taken a major step toward cryptocurrency regulation. Justin Sun is unwavering
Binance, a prominent cryptocurrency exchange, has stated that on January 30, 2023, at 6:00 a.m. (UTC) it would execute wallet maintenance for the Tron Network (TRX). The duration of this is roughly 1 hour. Therefore, commencing on January 30 at 5:55 a.m. UTC, Tron Network (TRX) deposits will be temporarily
Early on Monday, Justin Sun said on Twitter that he had swapped over $773,000 worth of Tron’s native stablecoin USDD. Sun said that he has converted over $200,000 worth of USDC. And $570,000 worth of USDT to the stable currency USDD. Although it is supposed to be pegged to the
Tether, the major blockchain-enabled platform, has announced the release of an offshore Chinese Yuan (CNH) to the Tron blockchain. Bitfinex will be the first exchange to allow the user to deposit and withdraw CNH. Which is utilizing the Tron blockchain transport layer from the platform when it launches. #Tether Launches
Justin Sun, the founder of Tron, plans to provide a “holistic solution” to alleviate the liquidity crisis facing FTX. Meanwhile, on-chain data indicated that the algorithmic stablecoin USDD has unexpectedly begun depegging and was last trading at $0.98. A previous response from Justin Sun indicated that it is likely that
FTX CEO Sam Bankman-Fried is currently in a delicate position as Binance cut off the idea of any possible relationship with FTX. Tron’s founder Justin Sun alluded to a possible deal with cryptocurrency exchange FTX hours after Binance pulled out. The Tron founder added that his staff is working with
