Category: crypto
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HashKey Global Announces Support for TRC-20 USDT and TRX
HashKey Global has announced support for TRC-20 USDT and TRX on the TRON network. This integration aims to enhance transaction efficiency and provide more trading options for users. TRON DAO expressed excitement about HashKey’s support, highlighting the positive impact on global blockchain adoption. HashKey Global is committed to offering reliable digital asset services.
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Excitement over Trump’s win pushes Bitcoin price above $80k
Bitcoin price reached a new record of over $80,000, following Donald Trump’s U.S. election win. The cryptocurrency has grown by 80% this year and outpaced traditional investments. Trump’s promises to support the crypto sector have led to optimism in the industry, with expectations of pro-crypto legislation and increased mergers and acquisitions.
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FTX sues Binance and Changpeng Zhao for $1.8 billion over alleged financial sabotage
Bankrupt FTX exchange is suing Binance and former CEO Zhao for $1.8 billion due to actions contributing to financial downfall. Binance initially invested in FTX in 2019, but tensions led to Binance exiting in 2021. FTX claims Zhao’s actions caused a liquidity crisis, ultimately leading to collapse.
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Andreessen Horowitz (a16z) calls Donald Trump reelection ‘significant’ for US crypto industry
Venture capital firm Andreessen Horowitz believes Donald Trump’s reelection could benefit the US crypto industry by fostering bipartisan efforts and global innovation. They see potential for constructive engagement with lawmakers to identify fraudulent players and promote ethical projects. The firm plans to advocate for decentralization and release guidance on protecting token-holders.
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Polymarket can serve as an effective source of information, Buterin says
Prediction markets like Polymarket can be a powerful tool for gathering information and making predictions. Ethereum co-founder Vitalik Buterin believes in the concept of “info finance,” where markets are designed to elicit information from participants. Platforms like Polymarket can be used for betting and as a source of news. Buterin also sees potential for using…
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Unpaid royalties are killing artists’ earnings
Music professionals worldwide are losing out on royalties due to outdated systems and intentional manipulation by major industry players. Lawsuits from Limp Bizkit and SoundExchange highlight the widespread issue. Blockchain technology offers a solution by providing transparent, accurate royalty calculations. Collaborative efforts and innovative platforms are striving to revolutionize the music industry for fair compensation…
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Crypto mergers and acquisitions expected to spike under second Trump presidency
Former President Donald Trump is expected to return to the White House in January following his election victory. He has promised to fire the SEC chairperson Gary Gensler on his first day in office, which could lead to more favorable crypto regulations. Experts anticipate an increase in crypto merger and acquisition deals under Trump’s presidency.…
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The 8 next big trends to watch in DeFi
Vincent Maliepaard, Marketing Director at IntoTheBlock, discusses how DeFi is revolutionizing finance with advancements like Yield AMM Protocols, Yield Aggregators, Derivatives DEXes, Flash Loan Vaults, Tokenization of Real-World Assets, Protocol-Based Credit Systems, Trade and Receivables Financing, and IP Fractionalization. These innovations are reshaping the financial landscape and attracting institutional involvement.
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USDT or USDC? Key considerations when choosing a stablecoin
Stablecoins like USDT and USDC are becoming increasingly popular in digital finance due to their 1:1 peg to the US dollar. USDC is known for its transparency and regulatory compliance, while USDT has higher liquidity and adoption. Users should choose based on their specific needs, as both play crucial roles in the crypto ecosystem.
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TRON DAO Participates as Gold Sponsor at Binance Blockchain Week in Dubai
TRON DAO participated as a Gold Sponsor at Binance Blockchain Week 2024 in Dubai. TRON founder Justin Sun discussed TRON’s advancements, including protocol revenue, stablecoin solution, BTC L2 development, and the T3 Financial Crime Unit. TRON supports stablecoin activity and digital payment infrastructure globally. TRON is a community-governed DAO accelerating internet decentralization.