Tron

Tron

Videos

Why BitTorrent's BTT Token Reacts to Tron News

BTT, the eponymous token of BitTorrent, the peer-to-peer filesharing platform owned by Tron, surged over 12% as the Tron network works through another burn of its TRX token. In the past month, over 170 million TRX tokens have been removed from circulation, according to data from block explorer Tronscan. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

CoinDesk placeholder image

Markets

BitTorrent's BTT Surges 12% as Owner Tron Completes TRX Burn

BitTorrent's BTT token is issued on Tron, and continues to surge on the network's positive news.

Justin Sun (CoinDeskTV)

Markets

TUSD Loses $1 Peg Amid Binance's FDUSD Focus: Analyst

Binance introduced zero-fee FDUSD trading in December, giving users an incentive to sell.

Scattered pile of $1 bills (Gerd Altmann/Pixabay)

Markets

BitTorrent's BTT Token Doubles in Value as Tron, on Which It's Issued, Hits 200M Users

The token is now approaching a $1 billion market cap.

BTT/USD chart (TradingView)

Markets

TRX Trades at Premium on Poloniex as Arbitrage Lures Risk Takers

Bitcoin, ether and tether withdrawals will open on Poloniex in the coming weeks.

Arbitrage trade opens up on TX (Alexander Grey/Unsplash)

Finance

Hamas, Hezbollah Now Prefer Tron to Bitcoin: Reuters

Almost two-thirds of Israel's Tron seizures were in 2023, including 39 from wallets Israel said in June were owned by Lebanon's Hezbollah and 26 in July from Hamas ally Palestinian Islamic Jihad.

a figurative representation of a blockchain (fabio/Unsplash)

Finance

Poloniex Hot Wallets Hacked With $114M Seemingly Stolen: On-Chain Data

Poloniex investor Justin Sun confirmed the exploit, saying the exchange will reimburse affected users and offering a "white hat bounty" to the hacker.

Hacker (Towfiqu Barbhuiya/Unsplash)

Tech

Google Cloud Pushes Deeper Into Blockchain Data, Adding 11 Networks Including Polygon

Google’s cloud-computing business has stored historical data on Bitcoin since 2018, claiming the service provides faster access than can be obtained directly from the blockchain.

James Tromans, global head of Web3, Google Cloud. (CoinDesk TV)

Opinion

RETRACTION: Opinion Article on Justin Sun

An pseudonymously written opinion piece containing a personal attack against Tron CEO Justin Sun never should have been published.

A cardboard cutout of Tron founder Justin Sun (Danny Nelson/CoinDesk)

Videos

Justin Sun Buys 5M CRV Tokens to Help Ease Crisis at Curve Finance

Blockchain data shows that Tron founder Justin Sun purchased about 5 million CRV tokens at an average price of $0.4, helping to protect Curve Finance against a possible bad debt situation stemming from falling token prices that could impact a massive loan tied to its founder. "The Hash" panel weighs in on what Sun and others are doing following the exploit Curve experienced over the weekend.

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