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SEC Sues Jake Paul for 'Illegally Touting' Justin Sun-Linked Cryptos
22.3.2023
The securities regulator said Paul participated in a scheme to illegally promote TRX and/or BTT
Tron Founder Justin Sun Sued by U.S. SEC on Securities, Market Manipulation Charges
22.3.2023
The U.S. Securities and Exchange Commission sued Justin Sun Wednesday on allegations of selling and airdropping unregistered securities, fraud and market manipulation
Justin Sun welcomes Hong Kong’s extended support to the VA industry
21.3.2023
Hong Kong is confident of becoming a hub for the virtual asset sphere in the coming years. What brings this confidence is the role that the government of Hong Kong has assumed over the recent months amid the rise in the adoption of Web3 technologies and applications. This is evident from the speech...
Justin Sun offers his own bid of $1.5 billion to acquire Credit Suisse
20.3.2023
Justin Sun, a crypto tycoon and founder of TRON, has proposed a bid of $1.5 billion to acquire Credit Suisse through his recent tweet. Justin envisioned integrating Credit Suisse into the Web3 world and bringing new opportunities to the financial system. TRON is a blockchain-based platform, whereas...
Justin Sun Moving Stablecoins After Promising to Create Huobi Liquidity Fund
10.3.2023
Sun’s USDT is moving after Huobi’s HT Token Dropped 93% and then rebounded
Lido’s Liquid Staking Protocol Dominates with $9.3B in Locked Ethereum, Boosted by Tron Founder’s Deposits
2.3.2023
During the past 30 days, the total value locked (TVL) in Lido Finance’s liquid staking protocol increased by 10.57%, with 7.56% of the increase occurring within the last seven days. The protocol’s dominance in decentralized finance (defi) has also increased, with its TVL accounting...
Justin Sun Says Hong Kong’s New Licensing Regime Could Shift Policy in Mainland China, Eventually
1.3.2023
In the interim, if granted the VASP license, the Tron founder says Houbi will launch a new exchange, Huobi Hong Kong, so as to comply with regulators
Lido Community Conducting Snapshot of V2 Upgrade Design Approval
1.3.2023
Lido is gearing up for Ethereum’s upcoming Shanghai upgrade
Liquid Staking Platform Lido Sees Largest Daily Stake Inflow, Receives 150,000 ETH Reportedly From Tron Founder
26.2.2023
On Saturday, the liquid staking protocol Lido tweeted about the largest daily stake inflow to date as 150,000 ethereum was staked. Reports indicate that the ethereum, worth more than $240 million, belongs to Justin Sun, founder of Tron. Liquid Staking Protocol Lido Records 150,000 Ether Inflow...
FTX Cautions Public About Fraudulent 'Debt Tokens' and Scams Alleging Association with the Insolvent Exchange – What's Going On?
20.2.2023
The bankrupt crypto exchange FTX has warned the public about tokens issued by groups who claim to be working on its behalf.
In a tweet posted by the debtors who now control the FTX bankruptcy estate, crypto investors were urged to be “on alert for scams from entities claiming to be affiliated with...
FTX Warns Community of Phony ‘Debt Tokens’ and Scams Claiming to Be Affiliated With the Bankrupt Exchange
19.2.2023
On Friday, debtors who control the official FTX Twitter account warned the community to “be on alert for scams from entities claiming to be affiliated with FTX.” They also noted that neither FTX debtors nor any entity related to the company has issued any IOU crypto assets...
Justin Sun plans to develop ChatGPT based payment method
6.2.2023
Justin Sun, Tron’s founder, has stated his intention to develop a decentralized payment system that integrates the Tron blockchain with other artificial intelligence (AI) technologies like ChatGPT and OpenAI. He also holds the record for youngest cryptocurrency entrepreneur in the world....
Justin Sun emphasizes the need for CEX transparency following FTX collapse
2.2.2023
Justin Sun thinks centralized exchanges (CEXs) could learn a lesson from decentralized finance (DeFi). The entrepreneur and diplomat who founded the Tron blockchain spoke at a roundtable at Philippine Blockchain Week in November 2022. The discussion inevitably turned to the newsmaking collapse...
Huobi, Confirming Justin Sun as Leader, Takes Aim at 'Rat Trading'
19.1.2023
Singapore-based exchange Huobi confirmed Thursday that Justin Sun, founder and CEO of Tron, and one of the richest people in crypto, is not just a member of the Global Advisory Board, but is leading the exchange
Osprey Vies for Control of Grayscale’s Bitcoin Trust; Tron’s Justin Sun Offers to Invest Up to $1B on DCG Assets
14.1.2023
Following charges by the U.S. Securities and Exchange Commission against the crypto exchange Gemini and the digital currency lender Genesis, Tron founder Justin Sun told the press that he may be able to purchase assets from Genesis, up to $1 billion, “depending on their evaluation of...
Justin Sun Says He's Interested in Putting Up to $1 Billion for a DCG Asset Fire Sale
14.1.2023
Justin Sun, founder of TRON Foundation, has revealed he is willing to spend up to $1 billion of his own money to buy assets of embattled cryptocurrency lender Genesis’ parent firm, Digital Currency Group (DCG).
In an interview with Reuters, the Chinese crypto entrepreneur said he is willing...
Tron’s USDD Stablecoin Experiences Fluctuations Again, Drops Below $1 Parity in Early 2023
11.1.2023
The Tron-based stablecoin USDD fell below $1 parity again during the first week of 2023 and on Jan. 10. Four days ago, the stablecoin dropped to $0.972 per unit and on Tuesday, Jan. 10, 2023, USDD slipped to $0.977 per unit. At the time of writing, the Tron-issued stablecoin is trading at 98 cents...
Huobi Layoffs Spark Controversy and Speculation, Justin Sun Claims Everything Is Fine
6.1.2023
The cryptocurrency exchange Huobi is laying off 20% of its employees, according to multiple reports over the past two days. However, Huobi’s advisor Justin Sun, the founder of Tron, told the South China Morning Post that the layoff reports were untrue. A Huobi spokesperson later confirmed...
Huobi confirms 20% layoffs, denies insolvency rumors
6.1.2023
Key Huobi execs, including Huobi Group CFO Lily Zheng allegedly left the company a few months ago following the new shareholders’ takeover
Tron Price Sinks 8%, USDD Depegs Amid Drama at Justin Sun-Related Huobi Crypto Exchange
6.1.2023
Community sentiment soured around Huobi, on whose board Sun is an advisor, as it is said to be laying off hundreds of staff in the coming weeks