Justin Sun Elected as Prime Minister of Liberland Micronation
Liberland was established on April 13, 2015, by Czech libertarian politician Vít Jedlička in a region between Croatia and Serbia. Tron founder Justin Sun has been elected Prime Minister of Liberland, a micronation between Croatia and Serbia, following the nation’s October 5 elections. In addition to Sun, Liberland announced that entrepreneur Evan Luthra, journalist Jillian […]
Coinbase’s cbBTC Wrapped Bitcoin Launching on Solana
Coinbase plans to roll out cbBTC for customers in Singapore, Australia, the UK, and most US states, supporting it at a 1:1 ratio. Hassan Ahmed, serving as the national director for Coinbase in Singapore, recently announced the company’s intention to introduce Coinbase’s new “cbBTC“—a wrapped Bitcoin asset—to the Solana network during the Breakpoint 2024 event. […]
Justin Sun Raises Alert as Coinbase Wrapped BTC Soars 93%
Justin Sun has expressed concerns about the lack of Proof-of-Reserve for cbBTC, alleging that it does not undergo audits. In spite of the fact that it has only been twenty-four hours since Coinbase launched its wrapped Bitcoin, cbBTC, on the Base Network, it has already caused quite a stir. Justin Sun, the founder of Tron, […]
Sky to Drop Wrapped Bitcoin Due to Change in Ownership
Sky, previously known as Maker, has suggested removing Wrapped Bitcoin as collateral within its ecosystem due to the token’s close association with Justin Sun. In a post on the protocol’s governance forum on September 12, Sky’s team announced that it would officially discontinue Wrapped Bitcoin (WBTC) variations on SparkLend, its decentralized non-custodial liquidity protocol. The […]
Justin Sun Assigns 100% SUN Revenue To Token Burn
With the asset’s price surging by 8% today, Justin Sun has disclosed his intention to designate 100% of SUN revenue to a token burn. Justin Sun, the CEO of Tron, has disclosed that the SUN token revenue will be allocated entirely to token destruction. This was met with positive sentiments within the community, as holders […]