Tag Archives: Justin Sun

Poloniex becomes the second crypto exchange owned by Justin Sun to lose millions to a hack Initial findings showed the loss exceeds the $60 million mark, but the latest report claims it to be over $100 million Update: The hack has now resulted in a loss exceeding $100 million, according to Arkham Intelligence. Additionally, theContinue reading “Justin Sun’s Poloniex reportedly loses over $60M”

The Securities Commission Malaysia has urged Malaysian investors of Huobi to withdraw their funds and crypto assets from the crypto exchange and shut down their accounts.

Allegations of TUSD’s ties to Justin Sun and the subsequent transfer of $56 million have caused a stir. TRX remains unaffected, while TUSD’s trading volume remains steady.

Poloniex, a crypto exchange, settled its ongoing case with the OFAC as of 1 May 2023. The exchange will be paying over $7 million as a fine to the law enforcement department.

Tron’s creator dismisses reports about Binance turning down the offer to buy a stake in Huobi Sun claimed that there were no discussions held with CZ about Huobi in the last week or so Tron’s founder – Justin Sun – spoke up about the recent news circulating the cryptocurrency exchange, Huobi. The crypto entrepreneur wasContinue reading “Tron’s Sun had this to say about his “alleged” deal with Binance’s CZ”

Emerging reports show that Justin Sun could be ready to sell the Huobi exchange. TRX remains unaffected by the development, but HT might face severe withdrawals. As per a new Bloomberg report, Tron [TRX] founder Justin Sun could be on the verge of selling his stake at Huobi Global, the Singapore-headquartered exchange. Sun, who onlyContinue reading “TRX, HT could struggle if Justin Sun’s rumored sale goes through, here’s why”

The Tron native token experienced a major nosedive in quick succession. Liquidation hit a yearly high while the protocol’s founder looks for a way out. Led by “his excellency” Justin Sun, Tron [TRX] has struggled to become a high-ranking cryptocurrency per its price. Moreso, the cryptocurrency had not been able to significantly pull itself outContinue reading “Tron [TRX] plunges, longs liquidated, credit goes to ‘his excellency’”

US SEC has declared TRX and BTT as securities and brought charges against Tron’s founder The commission has also claimed the Sun manipulated the price of TRX in the secondary market The United States Securities and Exchanges Commission (SEC) has taken an action against prominent crypto-entrepreneur – Justin Sun – the founder of Tron (TRX).Continue reading “US SEC claims TRX is security, charges Tron’s Justin Sun and eight others”

Hong Kong issues the first blockchain-based tokenized bond in the world. A look at how this development might impact the future of the finance industry. Have you ever wondered what will happen once blockchain technologies go mainstream? How will they be applied and what benefits will they offer? Well, we might just be about toContinue reading “Blockchain-based government-issued bond just rolled out in Hong Kong”

Tron caves into the AI hype as Justin Sun reveals AI integration plans. TRX soars to new 5-month high but sell pressure was creeping in, at press time. In the last few weeks, we have seen multiple crypto projects align themselves with the AI hype. The Tron network is the latest blockchain project to pursueContinue reading “Tron explores AI-powered oracle services to boost on-chain data accuracy”

Justin Sun has announced a new set of user experience programs for Huobi Global. The programs are aimed at securing the public’s trust following a liquidity scare last week.  Concerns surrounding Huobi Global have grown over the past few weeks. The recent decisions made by the crypto exchange have been deemed controversial, and have raisedContinue reading “Justin Sun announces new programs to renew public faith in Huobi”

Justin Sun announced the proposed launch of the Dominican Currency on the Tron Blockchain. The price of HT saw an over 13% increase at the announcement of the news. On 29 November, Justin Sun, the creator of the Tron Blockchain, provided an update regarding introducing a new token. The price of the Huobi Token (HT) Continue reading “Why did Huobi Token surge at the news of this proposed token launch?”