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 […]
HECO Chain Bridge Loses Over $86.6M Due to Suspected Hack
PeckShield, a blockchain security platform, has disclosed that digital assets worth over $86.6 million were transmitted from the HECO Chain bridge to addresses that appear to be suspicious. The security firm hypothesizes that an ongoing exploit has compromised the bridge. Tron founder Justin Sun issued the following statement in response to the incident: HTX will […]
Justin Sun Gives New Ultimatum to Poloniex Hackers, Offers $10m Bounty
Poloniex verifies the hackers’ identity and offers a $10 million white hat bounty to retrieve funds pilfered. According to on-chain data published by blockchain security company PeckShield , Poloniex has publicly identified the hacker responsible for stealing $120 million from the exchange on Nov. 10. The hacker has also been offered a $10 million white […]
CZ Authorizes Binance Security to Track Huobi HTX Stolen Assets
HTX took a proactive stance to mitigate potential harm by providing a “white-hat bonus” equivalent to nearly $400,000, which constituted 5% of the funds that had been drained. Shortly after HTX, the cryptocurrency exchange formerly known as Huobi reported a hacking incident resulting in an $8 million loss, Binance CEO Changpeng “CZ” Zhao offered the […]