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Tron Weekly Report: Team announces BTT airdrop date; verifies TRC20-USDT query on Shasta

Namrata Shukla

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Tron Weekly Report: Team announces BTT airdrop date; verifies TRC20-USDT query on Shasta
Source: Pixabay

Tron Foundation has been working towards the development of Tron’s ecosystem for a long time. Tron’s weekly report informed the community that the Foundation is currently testing a deferred transaction, along with developing an anonymous transaction for the wallet. It also highlighted that the team is testing the latest version of the solidity compiler.

Tron’s team also successfully enhanced the success rate of transaction broadcast and improved documents in multi-signature. As for the developer’s community, it informed that the TRC20-USDT query was verified on Shasta, a private test network, for Block parser. In last week’s report, it was noted that the devs had started working on version 1 of the BitTorrent File System [BTFS]. This week, the devs created smart contract integration demonstration and MVP [Minimum viable product] DApp using TronWeb API library and Tron Link.

The devs also created an outline of Hash Gallery DApp. The team announced the conclusion of the USDT-Tron -Tron USDT audit and scored 93/100. The report also informed the community about the BTT airdrop taking place on November 4. Apart from the airdrop, the report stated that the newly launched token was listed on 42 exchanges and BitAsset will soon list BTT on its digital trading platform.

Tron, the eleventh largest coin on CoinMarketCap, noted a 2.43% growth after being attacked by the bear. The cryptocurrency was valued at $0.0271 with a market cap of $1.81 billion. The 24-hour trading volume of the coin was noted to be $357.07 million, and it plunged by 7.73% over seven days.

OKEx traded highly in Tron via the TRX/USDT pair, noting a volume of $42 million. HitBTC took the second spot and the third place, noting high trade volumes via TRX/USDT and TRX/BTC pairs. TRX/USDT recorded $39 million in volume, while TRX/BTC noted $28 million in volume.





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GateHub: Stolen XRP funds transferred to prominent exchanges

Namrata Shukla

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GateHub stolen XRP funds moved to Bitfinex and OKEx
Source: Pixabay

The GateHub hack that took place earlier this month resulted in the exchange losing nearly 23 million XRP worth approximately $9 million. However, Whale Alert, a tracker of large crypto transactions, alerted the community of these stolen funds being moved to various different exchanges.

One of these exchanges was identified to be Bitfinex, which received 400,025 XRP on June 16 at 10:57:22 UTC. The sender’s address was r4hyDYXv7iV3oCahxQzqYYfgxwyBx3AyMN and was identified to be from the GateHub hack 2019. The receiver’s address was identified to be Bitfinex’s- r9o9MerrS7d2GAEs6JPj4v4JcvZAJNtLUY. The hash rate of the transaction was 21124F7818A2903E9750456D603CC9AACC9DBE6CE2EF0AA191C734339B4CA682 and the transaction details were as follows:

Source: Whale Alert

Source: Whale Alert

Another transaction was noted to take place to the Bitfinex wallet address where 100,000 XRP was transferred from another identified GateHub hack address. The identified Bitfinex’s wallet address was rDcz7P9YMpffLKhRBovTzhUr3wKtk3y9q7. This wallet address was quick to transfer the funds immediately to another exchange, OKEx. OKEx previously received 3,000 XRP from the stolen funds to an identified OKEx address- rUzWJkXyEtT8ekSSxkBYPqCvHpngcy6Fks. The hash rate of the transaction was noted to be BE97F68A20E996A2E1A37228DCBD45A1F26E8E2B3A842E9FCFFF7721157C1C37 and following were the transaction details:

Source: Whale Alert

Source: Whale Alert

The stolen funds were moved to another prominent exchange, Binance, and CZ was swift to inform Whale Alert that he would look into it. However, the crypto users did not find any relief about these funds going to other exchanges as the exchanges did not respond to the large transactions.





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