TRON
Mad or Genius? TRON ($TRX) Founder Justin Sun Pays $6.2 Million for ‘The Banana’
- Siamak Masnavi
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- 21 Nov 2024
The cryptocurrency industry’s flair for the dramatic has reached new heights as TRON founder Justin Sun has acquired Maurizio Cattelan’s controversial artwork “Comedian” – infamously known simply as ‘The Banana’ – for a staggering $6.2 million at a Sotheby’s auction in New York. Yes, it’s literally a banana taped to a wall. Sun, a central […]
$TRX: Tron Foundation Challenges SEC Lawsuit Over Jurisdiction and Token Classification
- Siamak Masnavi
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- 1 Apr 2024
On March 28, Tron Foundation urged a New York federal court to drop a lawsuit initiated by the U.S. SEC, arguing that the SEC is overreaching by targeting actions that primarily occurred outside the U.S. The foundation’s dismissal motion highlights its stance against the SEC’s global jurisdiction claims over its digital asset offerings. The SEC’s […]
Breaking: Crypto Exchange Poloniex Hacked for Over $60 Million
- Francisco Memoria
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- 10 Nov 2023
Poloniex, a well-established centralized cryptocurrency exchange, has seemingly suffered a security breach affecting one of its primary wallets, tagged by Ethereum blockchain explorer Etherscan as “Poloniex 4.” The theft is marked by suspicious outflows of over $60 million. According to data from the Ethereum blockchain, Poloniex’s wallet has seen a massive outflow in various cryptocurrencies […]
TRON (TRX/USD) Price Analysis – 17 June 2023
- CryptoGlobe Staff Writer
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- 17 Jun 2023
Introduction This report provides a comprehensive analysis of TRON’s (TRX) price dynamics, covering technical indicators and moving averages. Price and Volume Overview As of 5:31 p.m. UTC on 17 June 2023, on Binance, the price of TRX is $0.07129, which is an increase of $0.00110 (+1.57%) from the previous close. The volume of TRX traded […]
TRON (TRX/USD) Price Analysis for 11 June 2023: Technical Indicators Give a Buy Signal
- CryptoGlobe Staff Writer
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- 11 Jun 2023
Introduction This report provides a comprehensive analysis of TRON (TRX)’s price dynamics on Binance, covering technical indicators, moving averages, pivot points, and more. Price and Volume Snapshot At the time of the report, TRON (TRX) was priced at $0.06931, experiencing an increase of $0.00273 (+4.10%) compared to the previous period. The snapshot was taken at […]
TRON ($TRX) Sets New Record with Nearly 11 Million Transactions in a Day
- Francisco Memoria
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- 1 Jun 2023
The TRON ($TRX) network, a decentralized platform that aims to create a decentralized internet, has recently seen a record number of daily transactions, processing an unprecedented 10,935,762 transactions in a single day. Data on the achievement was first shared by TRON founder Justin Sun, who said the milestone is a significant achievement for TRON and […]
TRON Network Sees Unusual Spike of 1.3 Million New Accounts in Q4 2022
- Siamak Masnavi
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- 20 Feb 2023
The “State of TRON Q4 2022” report from Messari reveals important insights into the performance and progress of the TRON blockchain network during the last quarter of 2022. James Trautman, the Research Analyst at Messari who wrote this report, says that TRON is a public open-sourced blockchain network that utilizes a Delegated-Proof-of-Stake (DPoS) mechanism and […]
Justin Sun: TRON Will Provide ‘AI-Oriented Decentralized Payment Framework’ for ChatGPT
- Siamak Masnavi
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- 6 Feb 2023
Justin Sun, founder of TRON, recently published a Twitter thread outlining a new framework he claims would produce a decentralised, intelligent financial environment. The framework is comprised of a smart contract system, a payment layer protocol, a calling SDK, and a payment gateway powered by artificial intelligence. TRON’s blockchain will be used to safely store user […]
$TRX and $XRP Could Soon Start Outperforming $BTC, Popular Crypto Analyst Suggests
- Francisco Memoria
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- 11 Oct 2022
A popular cryptocurrency analyst has recently suggested that based on their charts, both TRON ($TRX) and the $XRP token could soon start outperforming the flagship cryptocurrency Bitcoin ($BTC) ahead of the release of economic data this week. In a series of tweets shared with their over 500,000 followers on the microblogging platform, pseudonymous analyst Kaleo […]
Justin Sun: Why TRON-Powered Stablecoin $USDD Is Better Than ‘DAI, UST, and Other Stablecoins’
- Michael Lavere
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- 27 Aug 2022
TRON Founder Justin Sun says that the launch of Tron’s new stablecoin, Decentralized USD ($USDD), combines the best aspects of competing stablecoins on the market. In an open letter published on 21 April 2022, Sun said that TRON DAO had “joined hands with major blockchain players to launch USDD (Decentralized USD), the most decentralized stablecoin […]
Justin Sun and TRON DAO Ready to Spend Billions to Save Crypto Industry
- Siamak Masnavi
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- 10 Jul 2022
On Friday (July 8), Chinese entrepreneur Justin Sun, who founded TRON Foundation (which announced on January 5 that it had restructured as TRON DAO), said that he and TRON were ready to spend up to $5 billion to help out select beleaguered crypto businesses. Sun, who retired as a CEO of TRON in December 2021 to […]
TRON Founder H.E. Justin Sun Announces the Launch of USDD — A Decentralized Stablecoin
- CryptoGlobe Staff Writer
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- 21 Apr 2022
H.E. Justin Sun, Founder of TRON, announced today in an open letter on Twitter that an all-new stablecoin is launching on the TRON blockchain, USDD (or Decentralized USD), marking its official entry into the field of decentralized stablecoin. TRON DAO will partner with other blockchain industry leaders to establish USDD. It will leverage the power […]
TRON ($TRX) Founder Justin Sun to Travel to Space After Charitable Donation
- CryptoGlobe Staff Writer
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- 23 Dec 2021
Ambassador Justin Sun has won his $28 million bid to go to space and he will be taking five crewmates with him. Over the next few months, he’ll select five people, from both his TRON community and from exceptional leaders of the fashion, art, space exploration and entrepreneurship worlds. More details on how this will […]
$DOT, $ADA, $ETH Among Top Holdings of Successful Crypto Trading Hamster ‘Mr. Goxx’
- Siamak Masnavi
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- 3 Oct 2021
Crypto trading hamster “Mr. Goxx” (named after the now-defunct Bitcoin exchange Mt Gox) is outperforming many traditional investors and accumulating fans from around the world, the latest being Tesla CEO Elon Musk, who says Mr. Goxx has “mad skillz”. According to a report by Business Insider, the trading office of Mr. Goxx, the CEO of […]
MVIS and CryptoCompare’s Digital Asset Index Family Now Supports $DOT, $SOL, and $TRX
- Siamak Masnavi
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- 1 Jul 2021
On Thursday (July 1), MV Index Solutions GmbH (MVIS®) in partnership with CryptoCompare, a leading provider of digital asset data, announced the launch of institutional-grade price indices for three of today’s most popular cryptoassets: Polkadot (DOT) Solana (SOL), and TRON (TRX). These three products are the MVIS CryptoCompare Polkadot VWAP Close Index (ticker:MVDOTV), MVIS CryptoCompare Solana VWAP Close […]
Playza Launches the First Truly Decetralized Casino on TRON
- CryptoGlobe Staff Writer
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- 2 Apr 2021
Blockchain-based casino Playza has launched on the TRON network. Playza offers a fair and transparent online gaming experience for crypto users in eligible jurisdictions, with a range of traditional casino games available. There will be no sign-ups, withdrawals or deposits and no forms to fill out. At launch, Playza will exclusively support TRON and TRX tokens for […]
Why Popular Crypto Analyst and Trader ‘Kaleo’ Is Bullish on $XRP and $TRX
- Michael Lavere
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- 22 Mar 2021
Recently, popular pseudo-anonymous crypto analyst and trader “Kaleo” said that he’s bullish on the outlook for TRON (TRX) and XRP. First, with regard to XRP, he said that XRP was in a position to revisit its all-time high of $3.84. The trader predicted the possibility of another breakout that would take the coin to its […]
Lindsay Lohan Partnering With TRON ($TRX), Paris Hilton Also Wants to Launch her NFTs on TRON
- Siamak Masnavi
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- 19 Mar 2021
Exactly five weeks after complimenting Justin Sun on how well the TRON platform works, American actress Lindsay Lohan announced that she will soon be launching a new non-fungible token (NFT) on an upcoming TRON-powered marketplace. The first time that we saw Lohan talk about TRON on Twitter was on February 11: Lolan had first talked […]