Tron Founder Leads $3.33 Billion ETH Restaking on EigenLayer
Tron Founder Justin Sun and other key players have restaked over 1 million ETH on EigenLayer, a leading ETH staking platform, boosting its popularity and challenging Ethereum’s dominance. ETH restaking is a process of transferring ETH tokens from one staking platform to another, usually to take advantage of better rewards, security, or features. Staking platforms […]
Justin Sun Celebrates Spot Bitcoin ETFs, Predicts China’s Entry
Tron founder Justin Sun has praised the SEC’s approval of spot Bitcoin ETFs in the U.S. and predicted that China and other Asian markets will follow suit. Justin Sun, the founder of Tron, a blockchain platform that supports smart contracts and decentralized applications, has celebrated the SEC’s approval of spot Bitcoin ETFs with the crypto […]
HTX Exchange Sees $258M in Outflows Following $30M Exploit
Following the $30 million exploit on November 22, crypto investors have transferred their holdings away from the HTX crypto exchange, resulting in a $258 million outflow. The exchange experienced net outflows of approximately $258 million between November 25, when HTX resumed operations, and December 10, according to data from DefiLlama . According to data from […]
Justin Sun’s HTX Exchange Experiences $250 Million Outflow
In the last two weeks, HTX Exchange has experienced net outflows of $258 million despite Justin Sun’s endeavors to revive the exchange. Justin Sun, the founder of Tron, has been experiencing considerable difficulty due to issues at his crypto exchange, HTX. Since resuming operations after a significant cyber breach, the HTX exchange has experienced a staggering net […]
UK FCA Adds Poloniex to List of Unauthorized Companies
Following its $100M hack, the UK’s Financial Conduct Authority (FCA) has added Poloniex to its list of unauthorized companies, warning users to operate cautiously while dealing with the crypto exchange. The Financial Conduct Authority (FCA) of the United Kingdom has included the cryptocurrency exchange Poloniex on its list of unauthorized companies that require caution. Four […]