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Tron blockchain founder Justin Sun has decided to bridge some of the Tronix (TRX) coin that secures Tron onto an entirely different blockchain. In a move that makes as much sense as Vitalik Buterin moving ETH to another blockchain, TRX is now available to purchase on Solana. Sun called the move “a real collaboration” and a fulfillment of his March 18 promise. Branded as an “integration” to facilitate cross-chain swaps between Tron and Solana, Sun assured his followers that his social media wasn’t hacked. He heralded the move as removing the need for an intermediary to trade across the two blockchains.  TRX on SOL is now live! All liquidity is ready! LFG Contract Address (CA): GbbesPbaYh5uiAZSYNXTc7w9jty1rpg3P9L4JeN4LkKchttps://t.co/PIzk3Kd4GL — H.E. Justin Sun (@justinsuntron) March 20, 2025 Read more: Explained: Why hackers keep exploiting cross-blockchain bridges TRX cannot be a native token on Solana Of course, both of these blockchains re...

Coinbase has filed its response to BiT Global’s lawsuit over the delisting of Wrapped Bitcoin (WBTC).  Justin Sun-advised BiT Global’s original lawsuit centered around Coinbase’s decision to delist WBTC. The custody provider alleged that this was an unfair assault on its reputation that could potentially lead to it losing “more than $1 billion in its market valuation.” It additionally alleges that Coinbase was attempting to monopolize the tokenized bitcoin (BTC) space to favor its own product, Coinbase Wrapped Bitcoin (cbBTC). BiT Global is seeking an order that would obligate Coinbase to relist WBTC. Coinbase to delist WBTC months after Justin Sun controversy Read more: Justin Sun-advised HTX has redeemed 7,300 WBTC it did not disclose In its response to the lawsuit, Coinbase took aim at Sun . It pointed out that the decision to delist WBTC was centered around a belief that there was an “unacceptable risk that control of wB...

Bloomberg has reported that Valkyrie Investments has sold its private trusts, including its Tron Trust, to cryptocurrency lending firm Abra.  Valkyrie is an investment management firm, and controversial cryptocurrency entrepreneur Justin Sun has previously claimed that he’s one of its largest shareholders. Sun also has previously claimed he was the largest investor in Valkyrie’s futures-based Bitcoin ETF.  没想到人生第一次敲钟居然会以这样的形式出现，我作为最大投资人的Valkyrie比特币 #ETF 已经正式得到美国SEC批准，我们将于周五在纳斯达克正式交易，是既BITO之后第二只比特币 #ETF，股票代码 #BTF！ pic.twitter.com/uEbUS1YJQs — 孙宇晨 (@sunyuchentron) October 21, 2021 Read more: Justin Sun ’s empire may be on the verge of collapse Additionally, CoinDesk has previously reported that Sun stored massive quantities of bitcoin at Valkyrie, taking advantage of its Separately Managed Account (SMA) platform. At one point, he apparently had in excess of Tron g>$500 million worth of bitcoin Tron g> stored at the firm. The funds in Sun’s SMA se...

Huobi exchange has been the subject of significant discussion within the crypto community due to unfavorable circumstances. Speculations about financial instability were accompanied by notable increases in the withdrawal of funds, causing concerns for the company. Amidst the exchange’s assertions about its stability, there is a notable volume of asset transfers taking place. Notably, a substantial whale executed two sizable deposits into Huobi, resulting in a significant augmentation of the exchange’s reserves of USDT and Ether. Based on current information, the large investor proceeded to conduct a transaction involving a collective sum of $200 million in USDT earlier today. Furthermore, this was succeeded by an additional transfer of 5,000 ETH, which held a value of $9.15 million. Speculation arose among many that this individual could potentially be Justin Sun from Tron, as the associated address was tagged with ‘JustinSun’. #PeckShieldAlert #JustinSun la...

Huobi Global Ltd. has announced plans to discontinue ten trading pairs, predominantly those associated with the USDD stablecoin, as part of their ongoing efforts to optimize user trading experiences. Renowned digital currency exchange Huobi Global Ltd. stated that it will discontinue ten specific trading pairs , primarily those connected to the USDD stablecoin . This stablecoin , issued by the TRON DAO Reserve, has significant backing from well-known digital asset entrepreneur Justin Sun. Huobi intends to delist trading pairs involving the ADA token of Cardano, SOL of Solana, APE of ApeCoin, MATIC of Polygon, FIL of Filecoin, and ETC of Ethereum Classic in combination with USDD, starting from June 29th. Additionally, ARPA, GAS, QTUM, and ZKS pairs with bitcoin will also be excluded from the platform. The exchange rationalized these actions as part of its initiative to deliver a superior trading experience to users. .#JustinSun just removed some of his stablecoin liquidity on the ...

In a Tweet , he stated that he has been studying meme coins for some time and believes that they have tremendous potential for growth. Justin also noted that he will bear potential losses that would spring from the trading and promised that any profit realized will be entirely given to charity. advertisement I've decided to begin actively trading meme coins and promising projects through my public address. Please note, I will personally bear all potential losses from these trades, and any profits made will be donated entirely to charity. — H.E. Justin Sun 孙宇晨 (@justinsuntron) May 11, 2023 Trending Stories Ethereum Price Breakdown below Crucial Support Alerts a Potential Crash to $1500; Sell or Keep Holding? 24/7 Cryptocurrency News LUNC Price Analysis Plots a 10% Rise this Week, But There’s a Catch 24/7 Cryptocurrency News Bitcoin Price Analysis: Multiple Resistances Put BTC Price Under 10...

The entire cryptocurrency market is in a muddle. Amidst this, Huobi Token [HT] was dealing with a crisis of its own. The native token of the prominent cryptocurrency exchange, abruptly dropped by 93%. HT declined from a high of $4.81 to a low of $0.31. At press time, HT was trading for $3.83 with a 21.13% daily drop. The 24-hour trading volume of the asset surged by 329%. This was further linked to the increased selling activity in the HT market. Source – HT/USD Chart on TradingView In the one-hour chart of HT, the crash as well as the recovery have been highlighted. In addition, the native token of Huobi moved from the oversold zone to recovering buying pressure. The Relative Strength Index [RSI] indicator highlighted this factor. This crash was triggered by the $2 million worth of sales that occurred within 5 minutes. Data from Kaiko noted that this was far more than the $600K worth of buys on the HT -USDT pair. The cryptocurrency community was undoubte...

Liquid staking has managed to garner a fair amount of traction over the past few months. Recently, the sector overtook DeFi lending in terms of the number of assets locked up. Data revealed that the combined value of assets deposited in liquid staking protocols stood at $14.09 billion. The combined TVL of DeFi’s lending assets, on the other hand, stood at $13.67 billion. Thus, after DEXs, liquid staking is currently the second-largest sector in the ecosystem. Source: DeFiLlama Also Read: ‘Mysterious’ Ethereum Wallet Now Worth $400M+ A recent tweet from PeckShield revealed that a wallet address labeled “JustinSun” staked around 88k Ethereum tokens worth $143.9 million via Lido Finance. The blockchain security and Analysis firm further revealed that the wallet staked more than 200K Ethereum tokens worth $318.7 million over the past 24 hours. #PeckShieldAlert JustinSun-labeled address has staked 88k $ ETH (~$143.9M) through @ Lido Finance http...