Academy award-winning composer Hans Zimmer has created an anthem for TRON, founded by the controversial entrepreneur Justin Sun, a prominent figure in the cryptocurrency space known for his brash personality. The Tron Anthem by Zimmer, dubbed the song for the “Web3 Generation,” aims to encapsulate the trials Sun has faced, amidst Sun being sued by…
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In the lawsuit pitched by the U.S. Securities and Exchange Commission (SEC) against Tron’s brainchild, Justin Sun, and his enterprise Rainberry, a judicial nod has been granted for an extended timeline for the defense. Sun now has until December 8, 2023, giving his attorneys a broader window to “explore possible resolution of the SEC’s claims…
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Cryptocurrency exchange Binance has been criticized for pledging to help victims of Morocco’s devastating earthquake by airdropping its native crypto token. According to Action on Armed Violence’s Iain Overton, people affected by the earthquake are only interested in getting immediate assistance and not crypto. Binance Accused of Using Devastation to Prop Up Its Image ,…
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The cryptocurrency market continues to trade sideways today, with Bitcoin hovering around the $16,500 mark and most altcoins not seeing much action either. Besides the ongoing questions around the FTX collapse contagion, the biggest news of the day may have been Binance CEO Changpeng “CZ” Zhao announcing that Binance has allocated an additional $1 billion…
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Tron price has remained relatively unchanged over the last 24 hours. The smart contracts token dodders at $0.0625 on Tuesday. A bullish breakout may occur if TRX manages to stay above the support at $0.0620. With an ascending triangle pattern waiting for validation on the four-hour chart, Tron price may complete a 10% move from…
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During the early European session, the cryptocurrency market was slightly bearish, with the global crypto market cap falling from $936 billion to $933 billion. Despite a slowdown in the crypto market, leading crypto coins like Bitcoin and Ethereum prices are experiencing choppy sessions. … Read More: Biggest Crypto Gainers Today 10 October – Quant (QNT), Battle Infinity (IBAT),…
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The state of decentralized finance (defi) in terms of total value locked (TVL) has been tumultuous, to say the least, and currently the TVL in defi today is approximately $54.95 billion. The TVL has not been this low in over five months since March 29, and the most dominant defi protocol today is Makerdao, leading…
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Between June 13 and June 27, or roughly two weeks, Tron’s stablecoin USDD dropped lower than the $1 parity and slipped to a low of $0.928 per unit on June 19. During the past seven days, USDD has managed to jump back to the $0.98 to $0.99 region while reaching $1 on July 3. Tron’s…
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Since June 12, 2022, the Tron-based stablecoin USDD has remained below a U.S. dollar in value. On Monday, USDD had a 24-hour trading range of around $0.943 to $0.966 per unit and the day prior on June 19, USDD saw an all-time low at $0.928 per unit. Despite being below the U.S. dollar parity, the…
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Tron’s stablecoin USDD has remained below the $1 parity for well over 24 hours and around 3:00 a.m. (ET), USDD hit a low of $0.958 per unit. The Tron DAO Reserve has deployed more tron tokens and USDC to defend the peg and the DAO’s reserve web page shows the coin is overcollaterized by 314%…
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