The Tron blockchain witnessed an increase in usage in the first quarter of 2023, according to a new report from market intelligence firm Messari. The market cap of its native token, TRX, was up by almost 20% QoQ. Despite the US Securities and Exchange Commission (SEC) announcing several lawsuits against Tron ecosystem tokens, the network...Read More
Telegram has added a new feature enabling users to send each other the world’s largest stablecoin, tether (USDT). USDT runs on several blockchains, but for now, Telegram has added support for the stablecoin only on Tron. According to an update on March 22nd, USDT-TRON – TRC20 – has been added to the popular messaging app’s...Read More
According to figures provided by Messari, the decentralized digital platform – Tron – made a revenue of $47.9 million in the last quarter of 2022, a 25% increase compared to Q3. The entity also recorded a surge of average active daily addresses and average daily transactions. Better Results Despite the FTX Collapse In its most...Read More
Tron’s Founder – Justin Sun – said one of his primary targets is to see TRX becoming an official payment method in five different countries by the end of 2023. He believes one of the nations to embrace the asset could be his homeland China. The ‘Ambitious Goal’ In a recent Twitter thread, Sun raised...Read More
Seychelles-headquartered crypto exchange – Huobi Global – has been in trouble for quite some time now, which has translated into losing significant market share. The company has been mired in controversy for allegedly shutting down internal com and feedback channels and canceling various employee benefits, among other things. Its market share is also under threat...Read More
Cryptocurrency exchange Huobi announced the launch of the world’s first national token, DMC (Dominica Coin) and Dominica DID, under the authorization of the government of the Commonwealth of Dominica. For the project, Huobi tapped Tron Network and DMC Labs. According to the official press release, both Dominica DID and DMC were originally issued on the...Read More
Tether has become the latest industry company to get involved with the ongoing saga revolving around FTX by freezing over 46 million USDT. The company said it had to comply with law enforcement agencies. All eyes in the crypto industry have been set on FTX for the past several days, ever since Binance decided to...Read More
Just a week after Huobi Global revealed a change in the shareholder structure, Tron founder Justin Sun’s role as a shadow owner of the crypto exchange surfaced. He has, however, refuted claims about a buyout. In fact, Sun’s role has been limited to that of a global advisor. The development follows reports of Huobi founder...Read More
In order to continue strengthening its algorithmic stablecoin USDD, the TRON DAO Reserve has tapped another institution to mint and burn it as a collaborator – Wintermute. The latter has extensive experience with the digital asset universe and operates as an established global algorithmic trading firm. USDD’s Recent Issues Algorithmic stablecoins garnered people’s attention a...Read More
TRON DAO Reserve is prepared to withdraw another 3 billion TRX tokens from a centralized exchange and a decentralized finance (DeFi) lending protocol as part of efforts to prevent a similar occurrence of Terra’s UST collapse. The foundation made the announcement in a tweet on Thursday (June 16, 2022). However, the DAO did not name...Read More
Another algorithmic stablecoin appears to be in danger of losing its peg following the UST-Terra debacle. Investors are also currently in fear of having to face the same fate as Terra’s UST historical fall. USDD is a stablecoin that runs on TRON’s blockchain and has a similar algorithm to UST but is tethered to TRX....Read More
New week, new listings. Users can now trade our new XBT- and USDT-margined Project Galaxy (GAL) and Tron (TRX) listings, and XBT-margined ApeCoin (APE) perpetual contracts – all with up to 33x leverage. GALUSD, GALUSDT, TRXUSD, TRXUSDT, and APEUSD went live on 19 May 2022 at 04:00 UTC. Read on to learn more about our...Read More
Tron founder Justin Sun has announced plans to launch a decentralized algorithmic stablecoin called USDD on the TRON blockchain network. In an open letter on Thursday (April 21, 2022), Sun revealed that USDD will be “a fully decentralized stablecoin underpinned by mathematics and algorithms.” According to the Tron founder, USDD will not rely on any...Read More
The Verge reporter Christopher Harland-Dunaway threw more than one bomb in his latest piece on Justin Sun. The allegations are more than serious, and the claims are anything but amusing. The Exposé According to reporter Christopher Harland-Dunaway, the Tron Founder “is often trying to evade the financial regulations” of both China and the US. The...Read More
VanEck continues with its cryptocurrency-related exchange-traded notes in Europe by launching such products tracking the performance of Solana, Tron, and Polkadot on the Xetra Deutsche Borse. Tron’s ETN has gone a step further as it will also go live on Euronext in Paris and Amsterdam, updated the project’s founder. VanEck, the global investment manager, outlined...Read More
Leading cryptocurrency e-commerce platform Shopping.io has continued to onboard several big names in the financial services industry as it makes another landmark move today. This time, it has collaborated with Justin Sun’s blockchain project – TRON. Shopping.io Integrates TRON Shopping.io revealed Wednesday that it had completed a partnership deal with TRON, a popular blockchain project...Read More
With the increasing interest in blockchain gaming, the popular blockchain platform, TRON, has recently announced the launch of a new $300 million fund dedicated to supporting GameFi projects. TRON Launches $300M Fund to Support Game Developers In a press release shared with CryptoPotato, TRON noted that the fund dubbed TRON Arcade was launched in collaboration...Read More
Justin Sun’s TRON has partnered with BSCPad to develop and release the first IDO launchpad build on its blockchain. Dubbed TRONPAD, it will take place exclusively on BSCPad and aims to mimic the latter’s recent success. TRONPAD Coming From TRON and BSCPad Advertised as the “fastest-growing launchpad in the DeFi space,” BSCPad saw the light...Read More
The data-agnostic oracle network supporting multiple blockchains, ORAO, will launch its general data product on top of TRON. The two parties announced a partnership earlier, with ORAO claiming it chose TRON due to the significantly lower transaction costs compared to other networks. ORAO to Launch Products on TRON Described as a “blockchain agnostic oracle platform...Read More
NFT fans will be able to enjoy digital visualizations of Picasso’s work as non-fungible tokens courtesy of Justin Sun’s JUST NFT Fund. This initiative is Sun’s latest attempt to bridge the gap between traditional art and its digital counterparty. JUST NFT to Introduce Picasso’s Work To take advantage of the growing demand for non-fungible tokens,...Read More
DAO Maker, whose token sale launchpad has incubated a wave of heavily oversubscribed IDOs, is bringing its model to the TRON network. A partnership between TRON and DAO Maker will bring the latter’s formula to the blockchain network founded by Justin Sun and now centered around DeFi. Token launchpads have been one of the biggest...Read More
In another whopping purchase, Justin Sun, the founder of one of the largest blockchain-based projects, TRON, and the CEO of BitTorrent, has bought Picasso’s “Femme nue couchée au collier” for $20 million. Besides that, he has also bought “Three self portraits” by Andy Warhol for $2 million, and he plans to tokenize both and launch...Read More
Justin Sun, the CEO of TRON and BitTorrent, has doubled-down on his NFT-related endeavors by announcing a designated fund. Called JUST NFT Fund, it aims to close the gap between the most recent craze in the blockchain space and artists wanting to release their own non-fungible tokens. Sun’s NFT Fund Justin Sun, and his blockchain-based...Read More
With non-fungible tokens (NFTs) permeating the mainstream, TRON is doing everything it can to guide some of that attention to its network. Following a strategic collaboration between TRON and MixMarvel, the latter’s blockchain-agnostic gaming ecosystem will be bringing its tokenized gaming interface to TRON. This is intended to unlock new value for both communities, as...Read More
Just a month after openly endorsing TRON on Twitter, the American actress Lindsay Lohan has partnered with the Justin Sun-founded blockchain project. Moreover, she has delved even further into the ongoing NFT craze by creating her own collection, which will be released on the TRON network. TRON, the popular blockchain project founded by Justin Sun,...Read More
The popular blockchain project TRON will introduce the DLT-agnostic prediction market Prosper to its ecosystem. TRON users and TRX holders will be able to provide liquidity and enhance the success-rate of the prediction market solution. TRON Teams Up With Prosper Justin Sun’s TRON announced its latest partnership in a press release shared with CryptoPotato earlier...Read More
American singer, songwriter, and entrepreneur, Lindsay Lohan is the latest celebrity to openly endorse cryptocurrencies. Just three days ago, she announced the sale of her NFT, Bitcoin ‘Lightning,’ and now, it seems she is getting fascinated by the DeFi world. There appears to be a widespread bitcoin frenzy in the music scene. While Hip Hop...Read More
Months before the commencement of the bull run in December 2020, DeFi was receiving all the attention in the summer. Decentralized applications were building a new financial system on Ethereum, and the demand for block space on ETH was rapidly increasing. Soon, yield farming became a common term and the popularity of DeFi triggered further...Read More
Justin Sun, Founder and CEO of TRON, recently took to Twitter to dispel rumors that Tron was in the middle of extensive regulatory scrutiny in the United States and China. According to Sun, neither the TRON Foundation nor BitTorrent has received any notice of regulatory proceedings from any regulatory agency, with the exec adding, “We...Read More
During a recent live-streamed conference, Justin Sun’s TRON and BitTorrent announced the latest developments within the decentralized streaming platform DLive. They will allow users to employ peer-to-peer technology and become nodes in the growing network while lowering the costs. DLive Protocol’s Latest Improvements According to a press release shared with CryptoPotato, the leading peer-to-peer sharing...Read More
