Tron’s TRX is available on Ethereum (ETH) after leveraging BitTorrent (BTT) Bridge to gain access to the largest decentralized finance (DeFi) ecosystem in the industry. In a May 2 tweet, Tron Network founder Justin Sun said TRX was “fully accessible within the Ethereum ecosystem” and included the contract address for the token. TRX is Tron’s…
Tron founder Justin Sun says SEC complaint lacks merit
Ad Tron (TRX) founder Justin Sun said the U.S. Securities and Exchange Commission (SEC) charges against him lacked merit. In a March 23 Twitter thread, Sun said the financial regulator’s complaints were “the latest example of actions it has taken against well-known players in the blockchain and crypto space.” He continued that the SEC’s regulatory…
TronDAO pulls 2.1B TRX from Binance to ‘safeguard crypto market’ as USDD depegg continues
👋 Want to work with us? CryptoSlate is hiring for a handful of positions! For the third consecutive day, Tron’s blockchain Decentralized USD (USDD) is trading for less than $1. According to data from CoinGecko, USDD traded for as low as $0.95 within the last 24 hours. The value has since recovered slightly to $0.97…
USDD is fueling Tron’s DeFi TVL rise, draws comparison with Terra’s UST
👋 Want to work with us? CryptoSlate is hiring for a handful of positions! Tron has become the third-largest network by total value locked (TVL) in DeFi protocols a month after launching its algorithmic stablecoin, USSD. The Justin Sun-led protocol saw its TVL rise to over $6 billion within the last 30 days, placing it…
Justin Sun to take Jeff Bezos’ Blue Origin flight to space, will choose five individuals to join him
Justin Sun, the founder of the cryptocurrency platform Tron, revealed his plans to fly to space next year and is currently handpicking five individuals who will join him on the mission. The crypto entrepreneur disclosed he chose Jeff Bezos’ company Blue Origin for his space journey–revealing himself as the mysterious auction winner who bid $28…
VanEck lists Solana, Tron, and Polkadot crypto ETNs on Deutsche Börse
Deutsche Börse recently expanded its crypto derivatives offering with three new products by investment management company VanEck. In a press release, VanEck announced the official listing of new Exchange Traded Notes (ETNs) on Polkadot (DOT), Solana (SOL) and TRON (TRX). German stock market operator dives deeper into crypto derivatives “Investors now have access to 18…