Why Tron’s Justin Sun Withdrew Over $4 Billion From Aave

Why Tron’s Justin Sun Withdrew Over $4 Billion From Aave

Key takeaways DeFi protocol Aave (AAVE) saw an 18% drop in TVL on Friday. Investigations revealed that the drop was linked to the withdrawal of $4.2 billion worth of tokens by Tron’s Justin Sun. Sun’s move was likely due to concerns arising from the recent Cream Finance hack according to Colin Wu. On Friday, Ethereum based […]

Continue reading

Network rivalry builds up as Ethereum users run to Tron for lower fee charges

Network rivalry builds up as Ethereum users run to Tron for lower fee charges

Tether users on the Ethereum network have taken to their heels as Ethereum’s network fees hit rooftop levels yet again. According to new data, Tether-based transactions on the Tron network are starting to unseat that of Ethereum’s on a daily basis. Tether, the most popular stablecoin, and third most valued cryptocurrency by market cap has […]

Continue reading

Warren Buffett Owns 1 BTC and Over 1 Million TRX, Justin Sun Tells Trolls

Warren Buffett Owns 1 BTC and Over 1 Million TRX, Justin Sun Tells Trolls

Justin Sun, the founder of the popular cryptocurrency platform Tron, informed via a tweet in the early hours of today, January 4, 2021, that against general belief, billionaire Warren Buffett owns some cryptocurrency assets. In his tweet, Mr. Sun says Warren owns one Bitcoin and over a million Tron TRX tokens. Warren Buffett isn’t a […]

Continue reading

Tether (USDT) Is Blowing Up On Tron And Here’s Why

Tether (USDT) Is Blowing Up On Tron And Here’s Why

2020 was a record-breaking year for the Tron decentralized network as the network saw a major expansion into Defi, amassing millions of new users alongside the journey. Tron saw a series of integrations and acquisitions which propelled it to greater heights as it now supports the world’s largest distribution network for file sharing, gaming, trading, […]

Continue reading

Justin Sun Hints Tron Community About A Large-Scale Attack That Rocked The Ecosystem

Justin Sun Hints Tron Community About A Large-Scale Attack That Rocked The Ecosystem

In a new thread on Twitter on November 2, 2020, Tron founder Justin Sun, hinted about a large-scale attack on the TRON mainnet. The attack, he said, happened during the 4.1 version upgrade period. However, he also indicated the TRON’s community efforts in responding swiftly to the attack, returning operations to normalcy before any damage […]

Continue reading