Category: crypto

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.

Standard Chartered predicts that the recent Republican win in the US elections could fuel the growth of digital assets, potentially increasing their market cap to $10 trillion by 2026. Anticipated regulatory shifts under the new administration may lead to mainstream adoption of digital assets, with Bitcoin expected to reach $200,000 by 2025. Ethereum and Solana…

The US Securities and Exchange Commission (SEC) has delayed its decision on approving options trading on Ethereum exchange-traded funds (ETFs) on the NYSE, citing the need for more time to review the proposal and assess market implications. This decision affects Bitwise’s ETHW, Grayscale’s ETHE, Ethereum Mini Trust, and BlackRock’s ETHA. The SEC stated that interested…

The US Department of Justice has launched a website to collect information from individuals affected by the 2016 Bitfinex hack. The DOJ is seeking statements from those impacted by the hack, including affected Bitfinex account holders. The hack involved the theft of approximately 120,000 Bitcoin, valued at $72 million at the time.

Tether used its USDT stablecoin to fund a $45 million crude oil transaction in the Middle East, involving a major oil company and a top commodity trader. The company aims to increase efficiency in markets with USDT and plans to expand into various industries. Tether reported a $2.5 billion profit in the third quarter and…

SunPump is a leading platform in the TRON ecosystem for launching memecoins. It has played a significant role in boosting TRON’s transaction data and user base. SunPump recently launched a referral program and partnered with Trust Wallet’s launchpool for $SUNDOG, enhancing TRON’s memecoin visibility. Nexmate.AI, another project supported by SunPump, combines AI with meme culture…

The German central bank, Deutsche Bundesbank, has joined Project Guardian, a Singapore-led initiative focused on asset tokenization in global capital markets. The project, launched by the Monetary Authority of Singapore, aims to create new liquidity pathways and set standards for tokenized assets. The Bundesbank is participating in pilot projects to advance cross-border collaboration and digital…

Pro-crypto PACs had success in the U.S. elections, endorsing 48 winning candidates with $135 million in investments. Fairshake, the largest super PAC, strategically supported key races without highlighting regulatory interests. The industry’s influence is growing, prompting other sectors to adopt similar strategies, but critics warn of potential misuse of corporate money.

The crypto community is cautiously optimistic about Donald Trump’s presidency and his pro-crypto stance. While his support may bring short-term benefits, it is crucial to maintain independence from political figures. Blockchain and Bitcoin offer revolutionary potential beyond political affiliations, promoting decentralization, fairness, and self-sovereignty. Ultimately, the focus should be on building resilient systems regardless of…

Binance Labs has invested in BIO Protocol, a blockchain-based platform revolutionizing scientific research funding. BIO Protocol operates as a decentralized incubator, allowing stakeholders to co-own and contribute to research projects. This investment will accelerate the growth of BIO Protocol’s ecosystem, democratizing scientific funding and disrupting traditional models.