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Tron
Tron's TRX Jumps 140% Amid 1:1 FTX Redemption of Tron-Based Tokens
FTX announced that Tron-based assets could be moved to external wallets.
TRX Momentarily Surges 4,000% on FTX; Tether Freezes $46M of USDT Held by FTX Following Law Enforcement Request
Tron network’s native TRX token momentarily surged some 4,000% from 6 cents to $2.50 on embattled crypto exchange FTX even though they are trading for 6 cents on other prominent exchanges, such as Binance and OKX. Separately, stablecoin issuer Tether froze $46 million of USDT held on Tron by FTX following a request from law enforcement. "The Hash" panel discusses the ripple effects amid fallout for FTX.
Several Investors in Talks for $9.4B FTX Rescue: Report
A group of investors are involved in bailout talks for Sam Bankman-Fried's troubled crypto exchange, Reuters reported.
Tron’s Justin Sun ‘Putting Together Solution’ for Troubled Crypto Exchange FTX
Justin Sun, the founder of the Tron cryptocurrency network and Grenada's ambassador to the World Trade Organization, tweeted late Wednesday that he and his team were "putting together a solution" with beleaguered cryptocurrency exchange FTX, hours after Binance announced it would not move forward in a deal to acquire the company. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses what we know so far.
Tron's DAO to Purchase $1B USDT to 'Safeguard' Against Market Slump
USDT slipped to as low as 93 cents in the European afternoon hours.
TRX Momentarily Surges 4,000% on FTX After Justin Sun Emerges as Latest 'Would Be' FTX Savior
Justin Sun offered a “way forward” for embattled exchange FTX earlier.
Without Details, Tron's Justin Sun Says He's 'Putting Together Solution' for FTX
Binance announced it would not acquire FTX earlier Wednesday.
Tron Network USDD Stablecoin Wobbles From Dollar Peg Amid Latest Crypto Crisis
Justin Sun speculated in a tweet that struggling trading firm Alameda might have started the deviation by selling its USDD holdings.
Huobi Native Token Surges After Justin Sun Announces 'Heavy Empowerment'
The native token of crypto exchange Huobi Global is surging after Tron founder Justin Sun calls for empowering the coin. This comes as Hong Kong investment firm About Capital agreed to acquire Huobi. CoinDesk Executive Director of Global Content Emily Parker weighs in.
Tron Partners With Dominica to Issue National 'Fan Token'
The Caribbean island's government may accept native Tron tokens such as TRX and USDT for public payments including taxes, under a new ordinance.