Tron | ForkLog

ForkLog 610 22.10.2024

Justin Sun: the biography, career and crypto fortune of TRON’s founder

Charting Justin Sun’s path: the TRON project, his purchases of BitTorrent and Poloniex, high offices and legal troubles.

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ForkLog 44 15.10.2024

Justin Sun and his team: How TRON became Ethereum’s chief rival

The TRON (TRX) project began as a token issued on Ethereum before moving to its own blockchain. In an ICO in 2017, the TRON Foundation raised 15,200 bitcoin, selling 40bn TRX at 0.00000038 BTC apiece. From the outset the project embraced the era’s favourite narrative, styling itself an “Ethereum killer” while being based on Ethereum’s […]

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ForkLog 56 25.09.2024

Justin Sun Envisions HTX and TRON Leading Web3 in the New Decade

Justin Sun, the founder of TRON and advisor to HTX, spoke at the afterparty of the Token2049 conference held in Singapore on September 18-19. The event was organized by HTX DAO and TRON in collaboration with Alethea AI, Tour Billion, BitWave, ChainGPT, Google Cloud, and The Block, gathering over 1,100 representatives from the Web3 industry. […]

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ForkLog 32 23.09.2024

Justin Sun Launches Incentive Program for Meme Token Creators on TRON

Projects that successfully launch meme tokens on the SunPump platform in TRON will receive a reward of 888 TRX ($135.6), as announced by the blockchain’s founder, Justin Sun. Projects that successfully launch Meme tokens on TRON will receive an 888 TRX reward, which will be sent directly to your address (remember, do not interact with […]

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ForkLog 72 20.09.2024

TRON Reduces Transaction Fees by 50%

The transaction fees on the TRON (TRX) blockchain have been reduced by 50%, announced the project’s founder, Justin Sun. TRON Super Representatives approved a 50% fee reduction, effective in two hours. Combined with other measures this week, meme transaction fees on TRON are now among the industry’s lowest, expected to boost network and meme trading […]

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ForkLog 33 10.09.2024

Tether, TRON, and TRM Labs Form Alliance to Combat Illicit USDT Activities

Tether, TRON, and TRM Labs have established the T3 Financial Crime Unit (T3 FCU) to tackle financial crimes. The focus will be on preventing illegal use of USDT on the TRON blockchain. The TRON blockchain accounts for 60.78 billion tokens out of 118.37 billion in circulation, representing a 51.34% share, according to the stablecoin issuer’s […]

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ForkLog 46 22.08.2024

Tron Removes 12,000 BTC from USDD Reserves

The team behind the algorithmic stablecoin USDD within the Tron ecosystem has quietly removed an address holding approximately 12,000 BTC (~$716 million) from the asset’s reserves. This was highlighted by on-chain researcher Symbio. lmao @justinsuntron silently removed the 12.000 btc as USDD collateral recently and it’s now 100% backed by tron (except for 20mil. usdt). […]

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ForkLog 29 22.08.2024

Trader Achieves 443-Fold Profit on Meme Token SunWukong

An unknown trader acquired 43.8 million SUNWUKONG tokens on the TRON (TRX) network for $997, which at the time of writing have exceeded a value of $441,450. The trader continues to hold the asset. Congratulations to trader TDm2 for turning $1K into $400K on SUNWUKONG TDm2 bought $999.9 of SUNWUKONG before it exited @sunpumpmeme’s bonding […]

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ForkLog 34 21.08.2024

TRON Surpasses Cardano Amid SunPump Meme Token Platform Surge

On August 20, TRON (TRX) re-entered the top 10 cryptocurrencies by market capitalization, overtaking Cardano (ADA) on CoinMarketCap. Over the past week, TRX prices rose by 17%, surpassing $0.15 for the first time since May 2021. A key driver of the cryptocurrency’s growth was the launch of SunPump, a new platform for creating and trading […]

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ForkLog 55 12.08.2024

BitGo Partners with Justin Sun and TRON to Expand WBTC Custody

Custodial platform BitGo has expanded the jurisdictions for storing bitcoin used in Wrapped Bitcoin (WBTC) to Singapore and Hong Kong. This development follows a strategic partnership with TRON-affiliated firm BiT Global. BitGo is pleased to announce the move of its WBTC business to the world’s first multi-jurisdictional and multi-institutional custody via a unique partnership and […]

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ForkLog 12 08.07.2024

TRON to Introduce ‘Gas-Free’ Stablecoins

The TRON team is developing a solution for fee-free P2P stablecoin transfers, as announced by the project’s founder, Justin Sun. Our team is developing a new solution that enables gas-free stablecoin transfers. In other words, transfers can be made without paying any gas tokens, with the fees being entirely covered by the stablecoins themselves. — […]

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ForkLog 52 19.04.2024

SEC Justifies Legal Pursuit of Justin Sun Due to Frequent US Visits

In a revised complaint against TRON founder Justin Sun, the SEC stated that his frequent visits to the United States provide grounds for legal action. In March 2023, the regulator accused the entrepreneur and three associated companies of an unregistered offering of securities in the form of TRON (TRX) and BitTorrent (BTT) tokens. The agency […]

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