Crypto exchange HTX reinstates Bitcoin services after $30M hack

Bitcoin (BTC) deposits and withdrawals have returned to the Justin Sun-linked crypto exchange HTX, formerly Huobi, after it suffered a $30 million exploit on Nov. 22.In a Nov. 26 blog post, HTX said deposit and withdrawal functionality is back for multiple currencies, including BTC, Ether ...

Justin Sun-related crypto platforms hacked 4 times in 2 months

Tron founder Justin Sun's crypto businesses have come under repeated attack from hackers over the past two months, with at least four hacks of the largest exploits targeting platforms related to the crypto entrepreneur.Sun’s HTX crypto exchange has been hacked at least twice since the plat ...

Poloniex crypto exchange resumes withdrawals after $100M hack

Justin Sun’s cryptocurrency exchange Poloniex is preparing to resume operations after suffering a major hack in mid-November, according to an official company announcement posted on Nov. 15In the statement, the company said that the platform has “mostly completed” the restoration ...

Ethics watchdog rats out Circle for links to Tron in letter to Sens. Warren, Brown

Nonprofit ethics group Campaign for Accountability (CfA) sent a letter to U.S. Senators Elizabeth Warren and Sherrod Brown on Nov. 9 to present them with information on the alleged use of cryptocurrency in money laundering. The letter discussed the Tron blockchain and stablecoin issuer Circle in ...

Solana (SOL) Price Surges Despite FTX’s Asset Liquidation Approval

Despite a US court granting FTX permission to liquidate its assets, the price of Solana (SOL) has surged by 4.62% to reach $18.90, with a market capitalization of $7.79 billion. FTX is gearing up to liquidate a portfolio of assets valued at $3.4 billion, with significant holdings in Solana (SOL), Bi ...

Binance drops majority of USD Coin reserves — Latest USDC news

In the most recent episode of The Market Report, analyst and writer Marcel Pechman delves into the topic of crypto exchange Binance’s proof-of-reserves. This report reveals a significant decline in USD Coin (USDC) balances, plummeting from $3.4 billion on March 1 to a mere $23.9 million by May 1. ...

Justin Sun Plans to List Meme Tokens on Huobi and Poloniex, Dismissing Binance as Ideal Trading Platform

He plans to shed meme tokens on these exchanges San said Binance is not the best place to trade such coins CEO Huobi and Tron founder Justin Sun said he plans to rebuild and revive cryptocurrency exchanges Huobi and Poloniex. To do so, he will list meme tokens on ...

Meme Token Transfers to Justin Sun’s Wallet Raise Concerns

PeckShieldAlert analysts noticed a large number of meme token transfers to Justin Sun's wallet after he said he plans to actively trade memcoins. Several different meme tokens have been gifted to Sun, including WEED, METH and NGMI. The situation was also taken advantag ...

Justin Sun sees opportunity for diversification in the cryptocurrency market with specialized exchanges, says Huobi not competing with Binance

The businessman spoke about the future diversification of the cryptocurrency market on the YouTube channel Empire and said that he sees an opportunity for all participants to find their place under the sun. Justin Sun admitted that he bought the cryptocurrency exchange Hu ...

Tron Founder Justin Sun Announces Plan to Trade Meme Coins and Donate Profits to Charity

Founder of Tron said he plans to actively trade meme-coins. However, he added that this statement was not financial advice. "I have decided to start actively trading memetic tokens and promising projects through my public address. I will absor ...

TrueUSD Denies Connection to Justin Sun Amidst Allegations of Misrepresentation

They accused Adam Cochran and Protos journalists of defamation The company is ready to defend its honor in court The TrueUSD (TUSD) stablecoin issuer denies its connection to Justin Sun. "TrueUSD never belonged to Justin Sun, a ...

Justin Sun’s Transfer of 115 Million TUSD to Binance Pool Sparks Controversy

May 1, 115 million TUSD were transferred from Justin Sun's accounts to the Binance pool Zhao immediately warned a "colleague" that he would not allow him to participate in the Sui Launchpool San claims that the funds were used without his knowledge To ...

American Rapper Soulja Boy Accused of Promoting Fraudulent NFT Projects

ZachXBT, a cryptocurrency enthusiast, has accused popular American rapper Soulja Boy of promoting fraudulent NFT projects. The rapper allegedly ran 73 promotions and 16 NFT giveaways on Twitter, featuring tokens such as RapDoge, Orion, The Life Token, SaferMars, Flokinomics, and ParrotsDAO. Ho ...

Binance Refuses to Purchase Tron Founder Justin Sun’s Stake in Huobi Exchange

As per a report by Coindesk, Binance, the largest cryptocurrency exchange, has declined to purchase the shares owned by Justin Sun, the founder of Tron, in the Huobi exchange. The decision to reject Sun's offer was reportedly due to Huobi's association with mainland China, although it is unclear ...

SEC Files Lawsuit Against Tron Founder Justin Sun and His Companies for Unregistered Sale of Cryptocurrency Securities

The SEC has filed a lawsuit against Justin Sun, founder of the Tron project, and his companies for the alleged unregistered sale of securities in the form of cryptocurrencies. The SEC claims that TRX coins and BTT tokens are securities and that Sun engaged in market manipulation to stimulate publ ...

TUSD Trading Volume Doubles After Major Exchanges Introduce Zero Commissions

TUSD stablecoin trading volume has doubled after major cryptocurrency exchanges, including the Binance exchange, introduced zero commissions for trading TUSD in pairs with leading cryptocurrencies. According to CoinGecko, the supply of the token was $970 million on Februa ...

Tron Network Sets New Transaction Record, Crossing 5 Billion Milestone

According to analysts from Whale Alert, the Tron network has just set a new record for the total number of transactions processed, with over five billion completed. This achievement was shared on social media by experts who stated, "Tron has now surpassed 5,000,000,000 transactions, reaching a ...