Hans Zimmer Composes Anthem for TRON, Coining It the ‘Web3 Generation’ Theme Song
Academy award-winning composer Hans Zimmer has created an anthem for TRON, founded by the controversial entrepreneur Justin Sun, a prominent figure in the cryptocurrency space known for his brash personality. The Tron Anthem by Zimmer, dubbed the song for the “Web3 Generation,” aims to encapsulate the trials Sun has faced, amidst Sun being sued by […]
Binance drops majority of USD Coin reserves — Latest USDC news
This week’s episode of The Market Report explores the reasons why Binance let go of a majority of its USDC reserves and what it replaced them with.This post was originally published on this site
AltSignals outlook as Huobi insolvency rumours add to broader crypto lull
Justin Sun has dismissed the insolvency rumours as FUD. Amid the broader crypto market uncertainty, Bitcoin has retreated from the $30k level. Meanwhile, the AltSignals presale continues to attract investors as funds raised surpass $1.24 million. Justin Sun, founder of Tron (TRX), has dismissed the latest rumours around the crypto exchange Huobi, suggesting this is […]
Tron Founder Justin Sun, Soulja Boy, and Austin Mahone Summoned by SEC in Crypto Asset Case
Court documents reveal that Justin Sun, Tron’s founder, has been sent a summons from the U.S. Securities and Exchange Commission (SEC) regarding the civil complaint filed against him last month. Youtuber Austin Mahone and rapper Soulja Boy, whose real name is DeAndre Cortez Way, have also been summoned. The SEC accuses Sun of orchestrating an […]
US court issues summons to Tron’s Justin Sun, threatens default judgment if no response
The summons was related to a civil lawsuit filed by the SEC against Justin Sun and others over allegedly offering and selling TRX tokens as unregistered crypto asset securities.This post was originally published on this site
Crypto exchange Huobi returns to profitability in Q1 after restructuring
After cutting employees and benefits, the cryptocurrency exchange reportedly made a $30 million profit during the first quarter of 2023. This post was originally published on this site
SEC Sues Tron Founder Justin Sun for Market Manipulation and Offering Unregistered Securities
The U.S. Securities and Exchange Commission (SEC) has taken action against Justin Sun, the founder of Tron, and the Tron Foundation, issuing charges for offering unregistered securities and market manipulation. Additionally, a group of influencers have been charged by the organization for promoting tron without disclosing that they were being compensated for their endorsements. […]
SEC files lawsuit against Tron’s Justin Sun and celebrities over crypto securities offering
Among the celebrities who settled with the SEC for their alleged role in promoting TRX and BTT were actress Lindsay Lohan, YouTuber Jake Paul, and singer Akon.This post was originally published on this site
Lido’s Liquid Staking Protocol Dominates with $9.3B in Locked Ethereum, Boosted by Tron Founder’s Deposits
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 for 19.08% of the $49.66 billion locked in defi today. While […]
Liquid Staking Platform Lido Sees Largest Daily Stake Inflow, Receives 150,000 ETH Reportedly From Tron Founder
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 Lido, the liquid staking platform with the highest amount […]