List of Flash News about TRX
Time | Details |
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2025-07-16 09:02 |
Justin Sun Announces Record-Breaking Tron (TRX) Token Burn for Q2, Signaling Strong Deflationary Pressure
According to Justin Sun, the Tron network has achieved a new record for token burning in the second quarter (source: @justinsuntron). This event signifies an acceleration in the destruction of TRX tokens, a deflationary mechanism designed to reduce the total circulating supply (source: @justinsuntron). For traders, a record-high burn rate is a significant bullish indicator, as reducing the supply of TRX can lead to positive price pressure, assuming demand remains constant or increases (source: @justinsuntron). This development highlights increased network activity and could be a key catalyst for TRX's market performance. |
2025-07-16 06:11 |
BigONE Exchange Hacked for $28M: BTC, ETH, TRX, and SOL Funds Drained Across Multiple Chains
According to PeckShieldAlert, the cryptocurrency exchange BigONE has been exploited, resulting in a loss of approximately $28 million in digital assets across several blockchains. The security breach involved the theft of $14 million in Bitcoin (BTC), $7 million in various cryptocurrencies from Ethereum and BNB Chain which were later consolidated on the Ethereum network via a cross-chain bridge, $7 million in TRON (TRX), and $500,000 in Solana (SOL). Traders should monitor the movement of these stolen funds, as their liquidation could introduce selling pressure on the respective assets. |
2025-07-16 05:50 |
BigONE Exchange Hacked for Over $27M; Stolen Funds Converted to Bitcoin (BTC), Ethereum (ETH), and TRON (TRX)
According to @lookonchain, the BigONE exchange has suffered a major security breach resulting in losses exceeding $27 million. On-chain analysis reveals the hacker has consolidated the stolen assets into several major cryptocurrencies, specifically 120 BTC (approximately $14.15 million), 23.316 million TRX (approximately $7.01 million), 1,272 ETH (approximately $4 million), and 2,625 SOL (approximately $428,000). Traders should monitor the identified hacker addresses, as any movement or liquidation of these large sums could create significant selling pressure and localized price volatility for BTC, ETH, TRX, and SOL. |
2025-07-16 05:50 |
BigONE Exchange Hacked for Over $27M; Stolen Funds Converted to BTC, ETH, TRX, and SOL
According to @lookonchain, the BigONE exchange has been hacked, resulting in a loss of over $27 million. On-chain data indicates the hacker has already swapped the stolen assets into major cryptocurrencies, including 120 BTC valued at $14.15 million, 23.316 million TRX worth $7.01 million, 1,272 ETH valued at $4 million, and 2,625 SOL worth $428,000. Traders should be aware that the movement of these illicit funds could introduce potential selling pressure on the markets for BTC, ETH, TRX, and SOL, and should monitor the provided hacker addresses for any activity. |
2025-07-15 17:09 |
Justin Sun Sets Ambitious Goal for USDD: Aims to Surpass $1 Billion Market Cap in 2025
According to Justin Sun, a new target has been set for the decentralized stablecoin USDD to surpass a one billion dollar market capitalization within the current year. This statement signals a significant growth objective for USDD, potentially impacting its adoption and the broader Tron ecosystem. For traders, this declared ambition could influence sentiment around USDD's stability and the valuation of related assets like Tron (TRX), as achieving this goal would represent a major milestone for the stablecoin. |
2025-07-11 14:11 |
Justin Sun Highlights Major TRON (TRX) Developments: Trump Integration, USD1 Stablecoin, and Binance Alpha Project
According to Justin Sun, the TRON network has seen a pivotal week featuring three major developments: an initiative referred to as 'Trump on TRON,' the launch of a new stablecoin named USD1 on the network, and the introduction of a 'Binance Alpha' project. Sun's statement suggests these events could act as significant catalysts for the ecosystem and also teases that even bigger announcements are planned for the following week, potentially impacting the trading dynamics and market sentiment for TRON's native token, TRX. |
2025-07-11 14:05 |
TRON (TRX) Ecosystem Announces Strategic Partnership with Binance Alpha to Boost Project Growth
According to Justin Sun, the TRON ecosystem has officially entered into a strategic partnership with the Binance Alpha ecosystem. This collaboration is designed to encourage more projects built on the TRON network to join Binance Alpha. For traders, this partnership could signal increased visibility, liquidity, and potential integration opportunities for TRON-based tokens on a major platform, potentially impacting the value of TRX and its associated ecosystem projects by fostering mutual growth and development. |
2025-07-11 09:03 |
Justin Sun Announces Tron Meme Coin Feature on Binance Alpha, Sparking Trader Interest
According to Justin Sun, a Tron-based meme coin has been featured on Binance Alpha. For traders, this is a significant development as being highlighted on Binance's discovery platform can lead to increased visibility, higher trading volume, and significant price volatility. This event may be interpreted as a bullish signal by the market, as it can be a precursor to a full listing on the main Binance exchange, which often acts as a powerful catalyst for a token's price. The announcement draws attention to the growing meme coin sector within the Tron ecosystem. |
2025-07-10 16:24 |
Justin Sun Reveals TRON (TRX) as Next-Gen Settlement Layer for Meme Coins, Vows to Globalize TRUMP Token
According to Justin Sun, the TRON (TRX) network is being developed as the next-generation settlement layer for a broad range of assets, extending beyond stablecoins. Sun stated that this vision explicitly includes meme coins and other popular digital assets. In a specific strategic announcement, he declared an initiative to globalize the TRUMP token on the TRON platform. For traders, this move signals TRON's intent to capture the high-volume meme coin market, potentially increasing on-chain activity, transaction fees, and the utility of the TRX token if successful. |
2025-07-07 18:47 |
Tron (TRX) in Focus: Justin Sun's Father Leads $100M Token Deal for Public Firm, Eyes MicroStrategy-Style Treasury
According to the source, a recent SEC filing reveals a $100 million deal, paid entirely in TRX tokens, giving Justin Sun's father, Weike Sun, board control of the publicly-listed SRM Entertainment, which will be renamed Tron Inc. The transaction, structured as a private investment in public equity (PIPE), also places Tron-aligned executives in key governance roles. A significant development for traders is the new company's plan to acquire and hold up to $210 million in TRX tokens, adopting a corporate treasury strategy similar to MicroStrategy's with Bitcoin. Despite these potential long-term bullish implications for TRX demand, the market's initial reaction saw SRM's stock fall 15% and the TRX token dip 2.5% following the announcement. |
2025-07-07 14:13 |
Tron (TRX) Public Listing Analysis: Why the $100M Reverse Merger Could Be a Major Stablecoin Play
According to @justinsuntron, Tron is effectively going public on the NASDAQ through a reverse merger with SRM Entertainment, which will be renamed Tron Inc. A recent SEC filing details a $100 million private investment in public equity (PIPE) deal, paid entirely in TRX tokens, which gives Justin Sun’s father, Weike Sun, control of the board. The newly formed Tron Inc. plans to adopt a treasury strategy similar to MicroStrategy by buying and holding up to $210 million in TRX, according to the Financial Times. For traders, this deal presents a potential stablecoin infrastructure play, offering public market exposure to a network that, according to DeFi Llama data, handles 30% of all stablecoin transactions. Despite the strategic potential, the initial market reaction was negative, with SRM stock falling 15% to $7.73 and the TRX token dropping 2.5% to $0.27. In broader market news, a CoinShares report noted digital asset investment products saw $1.9 billion in inflows last week, with Bitcoin (BTC) and Ethereum (ETH) leading the charge. |
2025-07-07 13:41 |
Justin Sun's 'Work Overtime' Declaration: What It Signals for TRON (TRX) and HTX Investors
According to @justinsuntron, the founder of TRON, his recent declaration to 'not only work, but work overtime' signals a period of intense activity and development within his ecosystem. For traders, this statement could be interpreted as a bullish indicator for associated assets like TRON (TRX) and Huobi Token (HTX). The emphasis on an accelerated work pace, as stated by Sun, may suggest upcoming product launches, network upgrades, or strategic initiatives that could potentially act as positive catalysts for token valuation. |
2025-07-07 12:58 |
Justin Sun's Father Secures Control of Public Firm in $100M TRX Token Deal, TRX Price Drops 2.5%
According to @justinsuntron, a recent SEC filing reveals a $100 million private investment in public equity (PIPE) deal, paid entirely in Tron's TRX tokens, that gives Justin Sun’s father, Weike Sun, board control of SRM Entertainment, which is being renamed to Tron Inc. The filing indicates Weike Sun was named chairman, with other Tron-aligned executives joining the board. Despite the alignment, Tron DAO is reportedly not a direct party to the transaction. The Financial Times reported that the newly named firm plans to acquire and hold up to $210 million in TRX, mirroring MicroStrategy's Bitcoin treasury strategy. Following the announcement, the TRX token price fell 2.5% to trade at $0.27, while SRM's stock dropped 15% to close at $7.73. |
2025-07-07 12:33 |
Justin Sun's Father Gains Control of Public Firm in $100M TRX Token Deal; Tron Inc. to Mimic MicroStrategy's Treasury Strategy
According to @justinsuntron, a $100 million deal paid entirely in Tron's TRX token has given Justin Sun's father, Weike Sun, board control of SRM Entertainment, a public company being renamed to Tron Inc., as detailed in a Securities and Exchange Commission (SEC) filing. This private investment in public equity (PIPE) deal establishes Weike Sun as chairman and installs other Tron-aligned executives in key governance roles. The newly structured Tron Inc. reportedly plans to acquire and hold up to $210 million worth of TRX tokens, adopting a corporate treasury strategy similar to MicroStrategy's with Bitcoin. Despite the apparent alignment, a strategic adviser to Tron DAO stated the DAO itself has no direct investment or formal role in the transaction. Following the news, SRM's stock price closed down 15% at $7.73, while the TRX token was down 2.5%. |
2025-07-06 01:12 |
Bitcoin (BTC) Price Tumbles Amid Israel-Iran Conflict; Iranian Exchange Nobitex Hacked for $47M
According to @FoxNews, the cryptocurrency market is experiencing significant volatility driven by geopolitical tensions and a major exchange hack. Bitcoin (BTC) price fell over 4% to $103,900 following reports of Israeli military strikes inside Iran, as cited by Axios and Al-Jazeera. This risk-off sentiment also impacted traditional markets, with U.S. stock futures declining 1.5% while safe-haven assets like gold and oil surged, per the report. Concurrently, Iranian crypto exchange Nobitex suffered a hack of nearly $47 million, with the Israeli-linked group Gonjeshke Darande claiming responsibility. On-chain analyst Zachxbt first identified suspicious outflows of $48.65 million in Tron (TRX) tokens. The attackers accused Nobitex of being part of a 'terror financing network' and threatened to leak the exchange's source code, creating further risk for any remaining user assets. |
2025-07-05 12:13 |
Public Companies Outpace ETFs in Bitcoin (BTC) Buys; Tron (TRX) Nasdaq Listing Posed as Stablecoin 'Visa' Moment
According to @StockMKTNewz, public companies are accelerating their Bitcoin (BTC) accumulation, purchasing more BTC than U.S. ETFs for the third consecutive quarter. Data from BitcoinTreasuries.net cited by CNBC shows corporations increased their BTC holdings by 18% (approx. 131,000 BTC) in Q2 2025, compared to an 8% increase (approx. 111,000 BTC) for ETFs. In other market-moving news, Tron DAO's (TRX) plan for a NASDAQ public listing through a reverse merger is being analyzed as a potential stablecoin infrastructure investment, likened to Visa's IPO. The move would offer equity investors exposure to a network that, according to DeFi Llama, handles 30% of all stablecoin transactions and is dominant in emerging markets. Further indicating strong institutional appetite, a CoinShares report noted digital asset investment products saw $1.9 billion in inflows last week, with Bitcoin and Ethereum (ETH) attracting $1.3 billion and $583 million, respectively. Additionally, OSL has facilitated the first Solana (SOL) treasury allocation by a Hong Kong-listed company, MemeStrategy. |
2025-07-05 07:33 |
Tron (TRX) Price Dips 2.5% as Justin Sun's Father Secures Control of Public Firm in $100M Token Deal
According to Justin Sun, a recent Securities and Exchange Commission (SEC) filing has detailed a $100 million private investment in public equity (PIPE) deal, paid entirely in TRX tokens, giving his father, Weike Sun, board control over SRM Entertainment. The public company is in the process of being renamed Tron Inc. Following the announcement, SRM's stock price dropped 15% to close at $7.73, while the TRX token's price fell 2.5% to $0.27. The deal appoints Weike Sun as chairman and adds other Tron-aligned executives to key committees. According to the Financial Times, the newly structured firm plans to purchase and hold up to $210 million in TRX, adopting a strategy similar to MicroStrategy's approach with Bitcoin. Despite the alignment, Tron DAO is reportedly not a direct party to the transaction. |
2025-07-04 19:01 |
ETH Price Poised for $3,000 Amid Institutional Buying; Tron (TRX) Dominates Stablecoin Inflows, AI Seeks Crypto Rails
According to @milesdeutscher, institutional trading demand is positioning Ethereum (ETH) for a potential run to $3,000, with OKX Chief Commercial Officer Lennix Lai noting that ETH is overshadowing Bitcoin (BTC) in perpetual futures markets. Despite this, a Glassnode report indicates that institutional conviction in BTC remains strong, with long-term holders accumulating during recent dips, a dynamic described as "highly atypical for late-stage bull markets." In the stablecoin sector, a CryptoQuant report highlights a record $228 billion market size, with data from Presto Research showing Tron (TRX) capturing over $6 billion in net inflows in May, while Ethereum and Solana experienced outflows. Concurrently, an a16z Crypto essay by Scott Duke Kominers argues that blockchains are essential infrastructure for creating interoperable AI agent economies. Finally, a DappRadar report reveals a sharp decline in Web3 gaming venture funding, suggesting the market is shifting focus away from projects that lack engaging gameplay. |
2025-07-04 13:57 |
Justin Sun's Father Controls Public Firm via $100M TRX Token Deal; Polygon (MATIC) Revamps and Ethereum (ETH) Updates Policy
According to @justinsuntron, a recent SEC filing reveals a $100 million private investment in public equity (PIPE) deal, paid entirely in Tron (TRX) tokens, which gives Justin Sun's father, Weike Sun, board control over SRM Entertainment. The firm, set to be renamed Tron Inc., plans to acquire and hold up to $210 million in TRX, mirroring MicroStrategy's Bitcoin treasury strategy, as reported by the Financial Times. Despite the deal, which was arranged by Dominari Securities, Tron DAO is reportedly not directly involved. Following the news, SRM stock fell 15% to $7.73, and the TRX token dropped 2.5% to $0.27. In other market-moving news, Polygon co-founder Sandeep Nailwal has taken over as CEO of the Polygon Foundation to spearhead a strategic overhaul focused on the AggLayer protocol and retire the zkEVM network. Additionally, the Ethereum Foundation has established a new treasury policy, capping annual operational expenses at 15% to ensure long-term sustainability. Finally, Bitcoin Core developers have confirmed that the upcoming version 30 release will significantly increase the OP_RETURN data limit, a move that has sparked debate within the community. |
2025-07-04 13:15 |
AI Crypto Analysis: Genius Group (GNS) Boosts Bitcoin (BTC) Holdings as Data Suggests Distributed Compute Tokens are Undervalued vs. CoreWeave
According to @DeepLearningAI, a significant valuation gap exists between decentralized AI compute tokens and their centralized counterparts, suggesting a potential investment opportunity. The entire market for distributed compute tokens (including Render and Aethir) is valued at $12 billion, as cited by CoinMarketCap, while the single company CoreWeave (CRWV) boasts a market cap of $79.2 billion despite a recent $314.6 million net loss. This analysis points to distributed compute tokens being potentially undervalued, as they operate on a more capital-efficient brokerage model. Adding to bullish crypto sentiment, AI education firm Genius Group (GNS) increased its Bitcoin (BTC) holdings to 120 BTC and aims to acquire 1,000 BTC within six months, according to an SEC filing. In other corporate adoption news, SRM Entertainment has staked its 365 million TRX treasury on JustLend. From a technical standpoint, Bitcoin (BTC) is trading around $108,179, holding a key support zone, while Ethereum (ETH) has recovered to approximately $2,521. |