News

  • Tron (TRX) Long-Term Holder Addresses Surge by 237% Over the Past Year: ITB

    • The significant rise in long-term holder addresses for TRX reflects growing investor confidence in the future of the Tron network. Data from blockchain intelligence firm IntoTheBlock reveals a dramatic increase in the number of addresses holding Tron’s native token TRX for the long term over the past 12 months. A tweet from the market analytics […]

  • Tether Reports Record-Breaking $5.2 Billion Profit in the First Half of 2024 and Highest-Ever U.S. Treasury Bill Holdings

    • In its Q2 2024 attestation report, Tether has announced record-breaking financial results. The company reported a net profit of $5.2 billion for the first six months of 2024, marking the most profitable period in the stablecoin issuer’s history. In addition, Tether reached new highs in U.S. Treasury bill ownership and achieved the largest consolidated equity […]

  • Tether Mints $1 Billion in USDT on the TRON Blockchain

    • Tether, the largest stablecoin issuer, recently minted $1 billion in USDT tokens on the TRON blockchain. This issuance highlights the growing demand for stablecoins and the increasing use of the TRON blockchain, which continues to strengthen its position within the cryptocurrency ecosystem. Details of the Issuance According to Tether representatives, the new issuance was part […]

  • 94% of TRX Holders in Profit Amid Rapid Price Recovery

    • The recent surge in TRON (TRX) prices has brought significant gains for most token holders. According to analytical data, around 94% of all TRX holders are now in profit. This renewed interest is linked to the quick recovery in the token’s value, making TRX one of the best-performing assets in the current cryptocurrency market. TRX’s […]

  • Cointelegraph and CryptoQuant Research Highlight TRON’s Stability and Dominance in Blockchain Activity

    • TRON’s rapid transaction speeds and affordability position it as a leading option for everyday transactions, boasting over 2 million daily active wallets and a significant presence in stablecoin transfers.

  • Tether to Stop Minting Stablecoin USDT on Algorand and EOS

    • Tether, the issuer of the world’s largest stablecoin, has announced it will stop minting its dollar-linked USDT token on the Algorand and EOS blockchains. This decision is part of a “strategic transition to prioritize community-driven blockchain support,” according to a blog post by Tether on Monday.

  • Tron develops gas-free stablecoin for Ethereum and Tron chains

    • Tron founder Justin Sun has unveiled plans for a gasless stablecoin solution aimed at enabling free peer-to-peer transfers for all users. According to Sun, the stablecoin solution will first be integrated into the Tron blockchain by the fourth quarter, with plans to extend to Ethereum and other Ethereum Virtual Machine-compatible public chains shortly thereafter. In […]

  • Tron’s Justin Sun dominates liquid restaking protocol with 46% of deposits

    • Tron founder Justin Sun is back in the spotlight with his recent cryptocurrency deposit activity. Blockchain data reveals that Sun’s wallet, identified as “0x7a9…3095,” has transferred a total of 120,000 eETH, which are Ethereum-pegged tokens, into the Swell L2 liquid restaking protocol. Justin Sun shakes up DeFi This substantial deposit represents 46% of all deposits into the […]