🚀 Stay Ahead with AltcoinDaily.co! 🌐 Tether, the issuer of the world’s largest stablecoin, recently minted $1 billion worth of USDT on the Tron network, leveraging the blockchain’s near-zero transaction costs. Onchain analytics platform Arkham Intelligence recently flagged the substantial transaction, which originated from a “black hole address” and moved to Tether’s multisignature wallet starting…
October 28, 2024 at 04:55 AM GST updated: October 28, 2024 at 03:59 AM 2 mins read News Tron plans to upgrade USDD in Q4, aiming to position it as a leading decentralized stablecoin backed by TRX’s $16B market cap. Justin Sun targets a $3B market cap for USDD, leveraging Tron’s strong liquidity and over…
🚀 Stay Ahead with AltcoinDaily.co! 🌐 In an innovative approach, Justin Sun, the founder of Tron, has announced upgrading USDD stablecoin, the network’s native token. Sun expressed that this development will be the network’s top priority for the year’s final quarter. Since Tron’s inception in 2017, it has made remarkable progress in the crypto world,…
October 27, 2024 at 03:50 PM GST updated: October 27, 2024 at 11:53 AM 2 mins read News Tether CEO denies federal investigation claims, stressing strong cooperation with law enforcement. Ardoino asserts Tether’s compliance, countering claims of alleged ties to sanctioned entities. Tether’s expansion plans face scrutiny as transparency concerns persist amid regulatory pressure. Tether’s…
🚀 Stay Ahead with AltcoinDaily.co! 🌐 The Tron Network posted a record $577.2 million in revenue for Q3 2024, outpacing traditional blockchain giants Bitcoin and Ethereum. Data from Tronscan revealed that 74% of Tron’s revenue came from staking, with the remaining 26% sourced from burning activities. Tron founder Justin Sun took to X on October…
September 11, 2024 at 02:30 AM GST updated: September 11, 2024 at 01:02 AM 2 mins read News Tether, TRON, and TRM Labs join forces in T3 FCU to combat $12M in USDT-linked fraud on the TRON blockchain. T3 FCU freezes over $12M USDT linked to fraud, boosting TRON network security against illicit activities. Over…
🚀 Stay Ahead with AltcoinDaily.co! 🌐 Tether, TRON, and TRM Labs have teamed up to establish the T3 Financial Crime Unit (T3 FCU). This initiative aims to enhance public-private cooperation in combating illicit activities linked to using USDT on the TRON blockchain. This innovative development leverages TRM Labs’ expertise in anti-financial crime and TRON’s technical…
The memecoin frenzy has reached the Tron Network after the launch of Pump.fun’s rival, SunPum. The new memecoin deployer has been making the headlines after surpassing its Solana-based counterpart on key metrics this week. The platform’s remarkable performance in the past two weeks has propelled the network, TRX, and the SUN ecosystem. As a result,…