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On August 9 last year, a press release announced that Justin Sun and BiT Global were getting involved with Wrapped Bitcoin (WBTC). It claimed that this new direction would include “the Tron ecosystem, which is the leading blockchain that presently hosts the largest circulating supply of USDT stablecoins in the world.” When this announcement was made, Wrapped Bitcoin already had a WBTC on TRON product that had launched in 2021. However, it was rarely used, with approximately 100 bitcoins (BTC) used in this way . After the announcement and with Sun’s involvement, Wrapped Bitcoin made the decision to remove the WBTC on TRON dashboard from its website, eliminating disclosure about approved partners and, more importantly, where the BTC backing the product was stored. Wrapped Bitcoin hides bitcoins for WBTC on Tron Read more: Justin Sun-advised HTX has redeemed 7,300 WBTC it did not disclose More recently, TRONSCAN no longer displays the WBTC on TR...

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

World Liberty Financial (WLF), the Donald Trump-endorsed and Justin Sun-advised cryptocurrency project, has been diversifying the holdings in its multisignature wallet. Donald Trump Jr. noted on X that WLF has recently acquired millions in ether, AAVE, LINK, and Ethena, as well as Sun-founded TRON, and Sun-advised Wrapped Bitcoin.  Sun, for his part, has been reposting posts about these purchases and claimed that he believes that if he has “made any money in cryptocurrency, all credit goes to President Trump.” World Liberty Financial has acquired millions in ETH, AAVE, LINK, Ethena, TRON, and Wrapped Bitcoin. Read more: VIDEO: Trump’s World Liberty Financial explained in 2 minutes Looking at token holdings with a value greater than $1 million the largest holding is ETH, which if you combine the native token, staked ether, and Wrapped Ether, totals over $215 million . There is also over $7 million worth of Sun-founded TRX tokens.  There are ...

There’s less risk in investing in crypto projects with real utility, partnerships, and innovation. This is compared to tokens with big daily surges but no solid foundation, which often dump unexpectedly. So, in today’s top crypto gainers list, we’ve selected four impressive tokens. These tokens have not only shown great price movement but also strong fundamentals. They stand out with real growth potential, making them more reliable for both short- and long-term investment.   Biggest Crypto Gainers Today – Top List Today’s top crypto gainers include TRON, leading with a 12.74% surge, driven by its strong ecosystem and proactive regulatory engagement. JUST follows with a 9.41% jump, showcasing its robust DeFi platform on the TRON blockchain. WOO Network saw a 9.19% rise, benefiting from its unique balance of centralized and decentralized finance. Lastly, Bitget Token rose 7.53%, attracting attention due to its utility and impressive growth on the Bitg...

The Sundog price surged 12% in the last 24 hours to trade at $0.2719 as of 3.20 a.m. EST on trading volume that skyrocketed 78% to $94.3 million. However, its daily surge is still only a small increase compared to its weekly price boost of 81%, which saw the TRON-based meme coin go from $0.148 to its current price. Sundog remains TRON’s most popular meme coin, and its buyback and burn campaign has just completed 6 out of 30 days, burning a total of 511k TRX ($85k) worth of SUNDOG. The more the token burns, the fewer SUNDOG there is in circulation, meaning that its supply is smaller and its price should go higher. Apart from that, Sundog was also recently listed on Bybit Perps, on International Dog Day, no less, which brought even more attention to the project. In other words, TRON’s meme coin campaign appears to be working, bringing more attention, value, and coin holders to its primary meme coin, and the TRON network itself. As a result, TRX managed to boost its...

A decentralized finance protocol by the name of Sun.io, which is linked to Tron founder Justin Sun, has launched a Tron meme coin creation platform called SunPump. The platform will allow users to create meme coins on the Tron blockchain, which will put it in direct competition with the Solana meme coin launchpad Pump.fun . SunPump To Address Rug Pull Concerns Although meme coins are often launched as a joke, there are multiple examples of these light-hearted projects climbing the crypto ranks to establish a name for themselves in the nascent crypto space. Altcoins such as Shiba Inu (SHIB), Pepe (PEPE) and Dogwifhat (WIF) have all risen on the charts after building a loyal following. Platforms such as Pump.fun have made it relatively simple and cheap for anyone to create their own meme coin. This has subsequently made it a lot easier for bad actors to enter the market and rug pull tokens after investors have bought into the cryptos. The Sun.io team aims to address this, and said ...

Like birds of the same feather, well-established firms from the crypto space have collapsed one after the other this year. FTX’s downfall last month took the entire space by surprise. Evidently, the arrest of the exchange’s founder Sam Bankman-Fried was cheered by the people from the industry. In a recent interview with Bloomberg, Tron founder Justin Sun acknowledged the same. Opining on the how the ongoing sluggish phase is perhaps coming to an end, Sun said, “I believe, first of all, the fall of FTX probably marks the end of the crypto bearish market. I believe this is the last bad news we have.” Even though the landscape seems to be comparatively less wobbly now, it should be noted that the domino effect is still on. As reported earlier during the day, US-based publicly traded Bitcoin mining company Core Scientific is one of the latest firms to file for for Chapter 11 bankruptcy protection in Texas. tRON g>Read More: Bitcoin Mining Firm Core Scien...