SEC claims Justin Sun’s alleged visits to US grant it personal jurisdiction to pursue legal action
CryptoSlate » Tron
by Mike Dalton
5d ago
The US SEC filed an amended complaint in its case against Justin Sun and other defendants on April 18, arguing that Justin Sun’s alleged visits to the US should grant it the jurisdiction required to pursue legal action. The regulator alleged that Sun “traveled extensively” to the US while he and several companies carried out unregistered offers and sales of BTT and TRX tokens. According to the watchdog, Sun spent over 380 days in the US between 2017 and 2019 and made business trips to major cities, including New York City, Boston, Massachusetts, and San Francisco. He carried out the trips on b ..read more
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TRON DAO at Harvard Blockchain Conference and New TRON Builder Tour Stop
CryptoSlate » Tron
by News Desk
1w ago
Geneva, Switzerland, April 16, 2024 – The Harvard Blockchain Conference, a premier gathering hosted by the Harvard Blockchain Club, showcased the TRON DAO as a Platinum Sponsor, the highest tier for the Harvard Blockchain Conference. The official conference saw a packed crowd of attendees featuring a variety of students, thought leaders, and blockchain enthusiasts discussing the potential of blockchain technology and emerging projects within the web3 space.  The TRON booth provided exclusive HackaTRON branded swags to participants who asked questions surrounding the TRON ecosystem. The bo ..read more
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IntoTheBlock Integrates TRON Network Analytics
CryptoSlate » Tron
by News Desk
1M ago
Miami, Florida, March 14, 2024 –  IntoTheBlock, a leading provider of on-chain analytics has announced the integration of the TRON network into its Market Intelligence suite. Thanks to a collaboration with TRON DAO, these advanced indicators will be available for free to the TRON DAO community. The TRON network, known for its reliability, large user base and efficiency, is one of the top layer-1 networks in the blockchain world. Specializing in decentralized applications, stablecoin usage, and more, TRON boasts over 210+ million total user accounts, over 4.5 million daily transactions and ..read more
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TRON integrated with Amazon Web Services to Accelerate Blockchain Adoption
CryptoSlate » Tron
by News Desk
1M ago
Geneva, Switzerland, March 18, 2024 – TRON DAO is glad to announce the integration with Amazon Web Services (AWS). This integration introduces the TRON Full Node on AWS, enabling users and developers to launch a TRON Full Node with unparalleled ease and efficiency. Seamless Full Node Deployment on AWS Through this integration, launching a TRON Full Node becomes as straightforward as clicking a button on AWS. This initiative is designed to lower the entry barrier for participating in the TRON network, fostering a more decentralized and robust blockchain ecosystem. The TRON Full Node available o ..read more
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TRON Network integrated with Token Terminal
CryptoSlate » Tron
by News Desk
1M ago
Zürich, Switzerland, March 12, 2024 – TRON DAO has collaborated with Token Terminal, integrating the TRON network’s data into Token Terminal’s sophisticated suite of data analytics tools. This collaboration promises to transform the way investors and analysts access and leverage TRON’s data. Token Terminal’s Data Partnership is a comprehensive on-chain data analytics service for L1s, L2s, and app-chains. It involves running nodes for a partner’s chain, making its data available in raw, decoded, and standardized formats across Token Terminal’s platforms and products, including the Terminal Pro ..read more
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TRON DAO at ETH Denver and Host of TRON Builder Tour Denver Stop
CryptoSlate » Tron
by News Desk
1M ago
Geneva, Switzerland, March 4, 2024 – The TRON DAO team attended ETH Denver, one of the leading events in the blockchain space. In conjunction with this, the TRON Builder Tour (TBT) ETH Denver event unfolded, drawing enthusiasts into the dynamic world of the TRON ecosystem with an event packed with insights, networking, and more. At ETH Denver in the BUIDL HUB venue, four members of the TRON DAO team attended the event as mentors. The mentors offered support to many developers and entrepreneurs across a wide range of disciplines ranging from technical support, business or ecosystem development ..read more
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Circle to end support for $313 million USDC on Tron amid compliance push
CryptoSlate » Tron
by Oluwapelumi Adejumo
2M ago
Centralized stablecoin issuer Circle is discontinuing support for USD Coin (USDC) on the Tron blockchain, citing concerns within its risk management framework. According to a Feb. 21 statement, this decision is rooted in the firm’s commitment to ensuring USDC remains “trusted, transparent and safe” for its user base. The company added that this move was part of “an enterprise-wide approach” involving various departments, including business organization and compliance. However, specifics of the departments or rationale was not disclosed. Therefore, Circle would, effective immediately, no longer ..read more
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Record global inflows into digital asset funds push AuM to $67 billion peak
CryptoSlate » Tron
by Liam 'Akiba' Wright
2M ago
Global digital asset investment products saw significant inflows last week, totaling $2.45 billion. The latest weekly report from CoinShares confirmed the surge in the inflow of funds into digital asset investment products, which pushed the assets under management to a peak not seen since early 2022, now standing at $67 billion. The US spot ETF market played a pivotal role in this development, capturing $2.4 billion of last week’s inflows. Bitcoin remains the clear market leader, garnering approximately 98% of total inflows last week. Increased confidence also permeated through to Ethereum, re ..read more
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Tron founder unveils Bitcoin layer-2 solution as BTC DeFi breaks $1.2 billion in TVL
CryptoSlate » Tron
by Oluwapelumi Adejumo
2M ago
Tron blockchain founder Justin Sun has unveiled plans for a Bitcoin-based layer-2 solution. In a Feb. 15 post on the social media platform X (formerly Twitter), Sun revealed his intent to foster decentralization and seamless integration of diverse token formats within the TRON network and the broader Bitcoin ecosystem. This strategic move would enhance interoperability and allow Bitcoin to tap into Tron’s $55 billion stablecoin pool. “This innovative approach aims to decentralize and intertwine various token types within the TRON network, including stablecoins, with the Bitcoin network and it ..read more
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Justin Sun, Tron respond to UN report on TRC-20 USDT use in illicit finance
CryptoSlate » Tron
by Assad Jafri
3M ago
Tron founder Justin Sun said on Jan. 19 that the United Nations’ recent report about the illicit use of USDT misrepresents some of the “professional facts” about blockchain networks. The UN report, which focuses on the rising use of USDT in fraudulent transactions, particularly in Southeast Asia, has drawn attention to blockchain technology’s challenges in preventing its misuse by bad actors. The report also claimed that Tron is the “preferred” network for illegal financial activity. Tron refutes UN allegations Sun said Tron “wholeheartedly supports” the idea of stopping malicious actors from ..read more
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