Quick take: Tron has successfully launched its USDD algorithmic stablecoin According to the issuing contract on Tronscan, USDD already has $103.64 million tokens in circulation on Tron USDD has also been issued on Ethereum, the Binance Smart Chain, and the BitTorrent Chain Tron has announced it intends to hold $10...
Quick take: The number of daily active Tron wallets hit an all-time high in November According to DappRadar, this figure exceeded 150k Tron’s total transaction volume in November was $578 million, a 13% decrease from October High-risk Dapps are a major contributor to Tron’s transaction volume The blockchain network of...
Quick take: The market capitalization of Tether (USDT) has just passed the $25 Billion mark $5 Billion of which was issued in the last month According to the Tether balance-sheet, the company has $25.139 Billion in total assets The use of USDT on Tron has seen a significant increment as...
In brief: The STEEM debacle overshadowed various developments in the Tron (TRX) and BitTorrent (BTT) projects. Through the leadership of Justin Sun, the two projects have continued on their mission to decentralize the web. Poloniex has also made considerable developments in the past week. Yesterday, the STEEM Community successfully carried...
Quick summary: Tron’s Justin Sun has offered to set aside $10 million in USDD to assist the average UST investor affected by the depegging of the stablecoin Mr. Sun was responding to a similar idea by Ethereum’s Vitalik Buterin, calling for ‘coordinated sympathy and relief for the average UST smallholder’...
Summary: Justin Sun has reportedly purchased $1 million worth of UST on Curve Finance Tron’s founder had announced via Twitter that he was buying UST This is after the saga of the UST stablecoin depegging from the one dollar mark Terra’s Do Kwon had asked Justin Sun what his plans...
Quick take: Justin Sun has pointed out that the number of daily new accounts on TRON has increased by a factor of 20 since May this year The Tron ecosystem has been growing with BitTorrent recently acquiring the streaming platform of DLive.tv Tron is once again above the $0.026 price...
In brief: The team at BitTorrent has announced an end to BTT airdrops to Tron (TRX) holders. A total of 16 Airdrops have been carried out to incentivize the use of BitTorrent Speed. The team at BitTorrent has defined the incentive program as a success. The remaining BTT will be...
Quick take: Total value locked on Tron grew over 40% in the last 30 days. It’s now the third-largest DeFi protocol with $5.92 billion in TVL. Other DeFi chains plummeted in contrast to the Justin Sun-founded blockchain. Major competitors like Avalance and Solana dipped more than 30% in TVL over...
Tether’s CTO has explained that high fees on Ethereum pushed more USDT to the Tron blockchain USDT on Tron is firmly ahead of USDT issued on Ethereum Tether’s market cap has just exceeded $50 Billion According to Tether’s CTO, 2021 has been a good year for the stablecoin High gas...
Tron’s co-founder Justin Sun’s account was blocked on Aave this Saturday. According to Sun, the account was blocked after he randomly received 0.1 ETH from Tornado Cash. De-fi Protocol Aave has not issued a statement as of yet. A lot has happened since the U.S Government sanctioned Tornado cash, the...
Summary: Justin Sun has issued a counter-offer to buy Twitter at $60 per share Justin’s bid is 10.7% higher than Elon Musk’s at $54.20 The founder of Tron wants to see Twitter become a private entity, more open, and adopt a decentralized Web3 framework Crypto Twitter had mixed feelings about...
