Tron’s Justin Sun Unveils NFT Fund Aimed at Art Acquisition

Hot on the heels of a recent winning auction bid for Beeple’s “Ocean Front” NFT, Justin Sun is making another splash in the NFT market following his decision to seed an investment fund that collects high-profile works of art. Fund Just One Leg of Sun’s Ambitions in The NFT Ecosystem Ongoing efforts to digitize art … Read more

Tokenized Jack Dorsey Tweet Sells for $2.9M, Funds From NFT Auction Will Be Sent to Charity

On Monday, Jack Dorsey the founder of Twitter and Square witnessed a digital certificate or non-fungible token (NFT) of his first tweet being sold for $2.9 million. The new owner of the NFT Jack Dorsey tweet is the CEO of Bridge Oracle, Sina Estavi, who outbid the founder of Tron Justin Sun for the tokenized … Read more

Looming Legal Issues and Transparency Questions Fail to Dent Tether’s Momentum

Tether has never been more popular. A quick look at Coinmarketcap data underscores this point, with 24-hour trading volume in USDT (US dollar-denominated Tether) exceeding both Bitcoin and Ethereum combined. Users of the Legacy Stablecoin Show No Sign of Relenting A slow-rolling lawsuit brought by the New York attorney-general against Tether parent-company iFinex for fraud … Read more

USDT Transactions on Tron Surpassed Ethereum Tether Transactions Every Day in 2021

During the last two months, tether transactions have spiked considerably. More recently, however, USDT transactions on the Tron network have outpaced the number of tether transfers on the Ethereum blockchain. Despite a whole lot more ERC20-based tethers in the wild, the minted stablecoin using the TRC20 standard has seen a much larger transaction count all … Read more

Rice-Based Stablecoin Is Being Launched in Indonesia

PRESS RELEASE. Penjaga Lilin Nusantara, an Indonesian Cooperative in Malang- East java is setting up Ricetron.com a Tron-based DeFi to tokenized rice-based stablecoin. The website aims to invite crypto enthusiasts to stake Tron and mint RET (Rice Economy Token), a governance token that will fund RIC (Rice Inventory Coin) stablecoin. RET token holders will benefit … Read more