Tag: TRON
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Justin Sun Invests $8M to Bring River’s satUSD to TRON
January 10, 2026. Justin Sun has invested $8 million into River, backing the rollout of its chain abstraction stablecoin satUSD within the TRON DAO ecosystem. The funding supports immediate deployment of satUSD across TRON native DeFi venues, including liquidity pools on SUN.io, lending and borrowing on JUST DeFi, and oracle integration via WinkLink, positioning satUSD…
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Plasma Network TVL Surge Hits $6.37B, Surpasses Tron
October 9, 2025: Plasma Network, a high-performance Layer-1 blockchain optimized for DeFi and real-world assets, has recorded a 17.77% rise in total value locked (TVL), reaching $6.37 billion in just 24 hours. The Plasma Network TVL surge pushes it past Tron, positioning it as the fifth-largest DeFi chain, behind Ethereum, Solana, Bitcoin, and BNB Smart…
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Tether Freezes $12.3M in USDT on Tron Over Suspicious Activity
Stablecoin issuer continues enforcement against illicit finance risk Tether, the issuer of the world’s largest stablecoin, has frozen $12.3 million in USDT on the Tron blockchain. The move is part of Tether’s ongoing efforts to combat illicit activity and enforce Anti-Money Laundering (AML) policies across its network. Tether freezes $12.3M in USDT on Tron On…
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Chain Considers Legal Action Against Justin Sun Over Market Manipulation Allegations
Blockchain protocol Chain has announced it is exploring legal action against Justin Sun, founder of TRON, following accusations of market manipulation. The controversy erupted after Sun alleged that Chain engaged in high-leverage trading practices harmful to exchange users. Sun’s Accusations and Chain’s Rebuttal In a Jan. 24 X post, Sun claimed Chain used high-leverage contracts…
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Justin Sun Transfered $244.9 Million in Ethereum to HTX on Christmas Eve
Justin Sun, the founder of Tron, moved 70,182 Ethereum (ETH) worth $244.9 million to HTX (formerly Huobi) on Christmas Eve. The transaction, highlighted by Spot On Chain, included 42,905 ETH unstaked from Lido Finance, a decentralized liquid staking platform. An additional 27,277 ETH came from Etherfi, bringing his total deposits to HTX in late December…