Russian Defense Conglomerate Rostec to Adopt Ruble Stablecoin for Secure Transactions
Rostec announced that it will promote this stablecoin and an associated payment platform as a secure method for conducting transactions, approved by the Russian Central Bank. The payment system will integrate with the Russian banking infrastructure, while the stablecoin will be launched on the Tron blockchain. Russian Defense Company Rostec to Leverage Ruble Stablecoin to […]
Report: Justin Sun’s Tron Aims for Nasdaq Listing in High-Stakes Merger Deal
A new report from the Financial Times (FT) says crypto asset and blockchain infrastructure outfit Tron has its sights set on going public in the U.S. According to FT, two individuals “briefed on the matter” spilled the beans about Tron’s push to become a publicly traded company. Tron Targets Public Debut as Circle and Gemini […]
Report: Tether’s USDT Dominates Stablecoin Payment Market, Tron Most-Used Chain
Stablecoins have quietly exploded into a multi-billion-dollar payments juggernaut, with several businesses leading the charge – and Tether dominating the field. Artemis, Castle Island, Dragonfly Study: Stablecoin Monitoring Shows Several Unique Trends Stablecoin payments totaled $94.2 billion from January 2023 through February 2025, according to a new industry study. The research, conducted by analytics firm […]
Canary’s Staked Tron ETF Seeks SEC Approval via Cboe Filing
Cboe has filed to launch a U.S. spot exchange-traded fund (ETF) offering staking exposure to Tron’s native currency TRX, betting its decentralized design and $25 billion market can meet the U.S. Securities and Exchange Commission’s (SEC) evolving crypto standards. Canary’s New ETF Bid: Track TRX With Built-In Staking Rewards Cboe BZX Exchange has filed a […]
Canary Staked Tron ETF Aims for Public Offering After S-1 Filing
Canary Capital Group LLC filed a Form S-1 registration statement with the Securities and Exchange Commission (SEC) on Friday for its Canary Staked TRX ETF. Canary Capital Files S-1 With SEC for Staked TRX ETF According to the preliminary prospectus, Canary’s proposed fund will issue shares designed to give investors exposure to the price of […]
First Digital Claims Techteryx Requested $500M Transfer, Counters Justin Sun’s Accusations
Stablecoin issuer First Digital Trust says it transferred over $500 million in TUSD reserves to the Dubai-based ARIA Fund at the request of Techteryx. Funds Transferred in Multiple Transactions First Digital Trust (FDT), the stablecoin issuer currently embroiled in a bitter dispute with Tron blockchain founder Justin Sun, said it transferred over $500 million in […]
ZachXBT Exposes Lazarus Group’s Latest $3.1M Heist Draining a Tron User’s Wallet
North Korea’s Lazarus Group has been identified as the likely perpetrator of a $3.1 million cryptocurrency theft from a Tron user, according to onchain investigator ZachXBT, marking the latest exploit tied to the sanctioned hacking collective. North Korean Hackers Suspected in $3.1M Exploit The Feb. 28, 2025, attack targeted an unnamed victim, with stolen funds […]
ZachXBT Exposes Lazarus Group’s Latest $3.1M Heist Draining a Tron User’s Wallet
North Korea’s Lazarus Group has been identified as the likely perpetrator of a $3.1 million cryptocurrency theft from a Tron user, according to onchain investigator ZachXBT, marking the latest exploit tied to the sanctioned hacking collective. North Korean Hackers Suspected in $3.1M Exploit The Feb. 28, 2025, attack targeted an unnamed victim, with stolen funds […]
TRM Labs: Tron Saw Largest Illicit Volume Reduction in 2024
TRM Labs highlighted that Tron experienced the largest decline in volumes linked to illicit activity during 2024, with a reduction of $6 billion, almost halving the numbers registered in 2023. It stated that this is in part thanks to the actions of the T3 Financial Crime Unit established in August. TRM Labs Report Shows Tron […]
SEC Amends Lawsuit Against Tron Founder, Asserting US Jurisdiction
The United States Securities and Exchange Commission (SEC) has filed an amended lawsuit against Tron founder Justin Sun, claiming he spent a significant amount of time in the U.S., thus granting the SEC jurisdiction over him and his businesses. The SEC alleges that Sun’s extensive travel within the U.S., totaling at least 380 days between […]