Tag: Tron

Alphapo hacked, over $23 million in Bitcoin, Tron, and Ethereum stolen

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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Alphapo, a payment processor, reportedly fell victim to hackers, resulting in a loss of more than $23 million in various coins and tokens. Crypto “detective” ZachXBT, who has been closely tracking the movement of stolen funds across different networks, brought to light the Alphapo attack on July 23. Earlier today Alphapo hot wallets were drained for $23M+ on ETH, TRON, BTC. HypeDrop (Alphapo customer) has since had withdrawals disabled. On Ethereum the stolen funds were swapped…

Crypto Billionaire and Tron Founder Justin Sun Transfers ETH Worth $30M from Lido to Huobi

Justin Sun has transferred nearly $30 million worth of ETH tokens to Huobi, sparking rumors of a large upcoming sale. Tron founder Justin Sun has withdrawn $29.7 million worth of Ether (ETH) from Lido Finance and transferred the funds to Huobi. According to data provided by blockchain intelligence firm Arkham Intelligence, Sun requested to unstake his ETH tokens from Lido on Wednesday and moved them to Huobi on Thursday. Following the unstake request, Sun got 15,805 ETH from his Lido address and deposited 15,815 ETH to Huobi, sparking rumors of a sale. So…

Tron Founder Justin Sun Withdraws $30M of Staked ETH from Lido Finance, Sends Tokens to Huobi Exchange

Crypto markets, led by bitcoin (BTC), rallied through the week as investors cheered the news that a slew of traditional financial institutions took steps to get more involved with digital assets. BlackRock, the world’s largest asset manager, filed to register a much-coveted spot BTC exchange-traded fund (ETF) last Thursday. This week, banking giant Deutsche Bank applied for a crypto custody license in Germany, while new crypto exchange EDX Markets, backed by Fidelity Digital Assets, Charles Schwab and Citadel Securities, launched its trading platform. CryptoX Portal

TRC-20 USDT circulation hits record high 5 years after Tron mainnet launch

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On May 31, Tether (USDT) tokens issued on the Tron blockchain reached another all-time high of $46 billion, compared to $36.8 billion for Ethereum, accounting for over 60% of USDT’s circulating supply. The milestone comes on the fifth-anniversary launch of the Tron mainnet. Over the past five years, Tron developers claim that the blockchain has processed 5.6 billion transactions and currently has a total value locked of $5.7 billion. Tron’s creator, Justin Sun, said his 2023 goals include elevating the network’s on-chain stablecoin market cap to $100 billion and establishing…

Security firm discovers $500M vulnerability in Tron multisig accounts

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A research team at dWallet Labs has discovered a zero-day vulnerability in Tron multisig accounts, allowing an attacker to bypass the multisignature mechanism and sign transactions with a single signature. In a technical breakdown post, the research team said the vulnerability could have impacted $500 million in assets held in Tron multisig accounts. This is because it allows any signer to “completely overcome the multisig security offered by TRON.” 0d, our superstar cybersecurity research team, discovered a vulnerability in TRON multisig accounts putting over $500M of digital assets at risk…

First Mover Americas: Bitcoin Price Edges Lower, Tron Rallies

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TRON Nears Crypto Top 10, as MATIC Extends Declines – Market Updates Bitcoin News

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Tron moved closer to being in the cryptocurrency top 10 on Wednesday, as the token rose for a second straight day. Prices climbed by nearly 2% in today’s session, despite the global market cap moving marginally lower. Polygon, which currently occupies the tenth position, fell to a five-month low. TRON (TRX) TRON (TRX), rose by as much as 2% on Wednesday, as the token moved closer to entering the cryptocurrency top 10. Following a low of $0.06841 on Tuesday, TRX/USD climbed to an intraday peak of $0.07031 earlier in the…

Tron Founder Justin Sun, Soulja Boy, and Austin Mahone Summoned by SEC in Crypto Asset Case – Bitcoin News

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Court documents reveal that Justin Sun, Tron’s founder, has been sent a summons from the U.S. Securities and Exchange Commission (SEC) regarding the civil complaint filed against him last month. Youtuber Austin Mahone and rapper Soulja Boy, whose real name is DeAndre Cortez Way, have also been summoned. The SEC accuses Sun of orchestrating an unregistered sale and offer of a crypto asset security and engaging in manipulative trading schemes. Court Sends Summons to Singapore Address in Attempt to Serve Tron Founder Justin Sun A court summons has been issued…

SEC Summons Justin Sun, Soulja Boy & YouTube Musician over Issuance of ‘Unregistered’ TRON Coins

The SEC says the TRON founder and the other two accused have 21 days to answer its summons or incur further punitive action.  The Securities and Exchange Commission (SEC) has issued summons to TRON founder Justin Sun and a few other celebrities over the TRX token. According to reports, the securities regulator wants to hear from Sun, American rapper Soulja Boy, and YouTube sensation Austin Mahone following its civil complaint.  Last month, the SEC accused several celebrities, including the trio, of involvement in issuing unregistered tokens. The Commission alleged that…