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Justin Sun, the founder of Tron and advisor at Huobi, moved hundreds of millions of dollars over the past ten days, while negative news around execs circulated. The blockchain security firm PeckShield noted an Ethereum (ETH) wallet address, labeled as Sun, supplying around 67,000 wstETH, worth $140.8 million, to MakerDAO. ‘Sun’ borrowed 58 million DAI from the stablecoin generator. #PeckShieldAlert #JustinSun labeled address on #Ethereum supplied 67K $wstETH (~$140.8M) and borrowed 58M $DAI from #MakerDAO, and then supplied these $DAI into #MakerDAO to generate yield https://t.co/u5yBedTTLN pic.twitter.com/tZ6rP7PPyM — PeckShieldAlert (@PeckShieldAlert) August 10, 2023 Earlier today, PeckShield reported that Sun borrowed 77.8 million DAI from MakerDAO after supplying around $190 million worth of wstETH. Consequently, the Tron founder delivered his stablecoin holdings to MakerDAO to generate yield, per PeckShield.  You might also like: Justin Sun, other crypto investors bu

Tron g>Geneva, Switzerland, May 2nd, 2023, Chainwire. Tron g> The TRON DAO team was in full force at Consensus 2023 in Austin, TX from April 26 to 28, 2023. TRON was a “5 Blocks” sponsor this year, offering the highest tier of support. The quote, “I like to say I live in Austin, Texas because I can live where I want to,” is attributed to movie star Matthew McConaughey. For one week, the capital of Texas, the self-declared “Live Music Capital of the World” became the “Crypto Capital of the World.”   Tron g>What Is Tron g> Tron g>Consensus Tron g> Tron g>?  Tron g> “Consensus is the world’s largest, longest-running, and most influential gathering that brings together all sides of the cryptocurrency, blockchain, and Web3 community,” its website declares. Since 2015, the conference has empowered “calibration, collaboration, and resolution for thousands of professionals and builders from around the world forging the future of finance and the new digital econom

2022 has been difficult for the cryptocurrency industry for various reasons. However, cryptocurrency enthusiasts have been hoping for a brig HT and bullish 2023. 2023 began with less drama. However, Huobi has now been caug HT in the spiral. There were rumors that Huobi planned to lay off hundreds of employees in the coming weeks. Perhaps the rumors have now been confirmed, as the exchange said that it will lay off hundreds of employees in the coming weeks. Ever since the news hit the streets, the TRX token fell by 7.48% in the last 24 hours, followed by Huobi ’s HT token, which also lost 11% during the same period, according to the data from CoinMarketCap. Furthermore, TRON’s stablecoin USDD has depegged and is now trading at $0.9787. Now, according to the latest reports, the exchange is experiencing heavy outflows. Source: Caixin Global Nansen reports reveal heavy outflows as skepticism rises According to the Nansen data, the Huobi exchange is witnessing turbul