TRON Inventor Withdrawn From Binance and Invested In This Altcoin! – Cryptokoin.com

The inventor of TRON (TRX), one of the popular cryptocurrencies, Justin Sun is an investor and trader with many coins. Therefore, Sun’s on-chain movements are followed by many. In the light of this information, according to the data; An address tagged with Justin Sun’s name sprang into action. Here are the details…

Mobility in the account of the inventor of TRON

PeckShield, which came to the fore with its analysis and security news on the blockchain, reports important on-chain activities in a separate Twitter account called Peck Shield Alert. According to one of the platform’s most recent tweets, an address tagged with the name of TRON inventor Justin sun moved $49 million USD Coin (USDC) from Binance to Aave Protocol V2. cryptocoin.com As we reported, USDC is one of the largest stablecoins pegged to the US dollar.

Meanwhile, Aave, a decentralized lending protocol, is considering deploying the minimum valid version (MVP) of Aave V3 to Polygon’s upcoming zkEVM layer 2 network. Marc Zeller, founder of the Aave-Chan Initiative and an Aave protocol validator, made this proposal to ensure Aave’s presence on Polygon’s zkEVM network shortly after the mainnet beta launch on March 27. The proposal is currently in the “temperature check” phase.

The proposal proposes limiting the hiring of assets and adjusting prudent risk parameters to mitigate risk. It is recommended that only three collateral types be included: Wrapped ETH (WETH) and Wrapped MATIC (WMATIC) and USDC. It is also proposed to include only one loanable asset, the USDC stablecoin, on the platform. Sun’s investment of USDC into the protocol follows this recommendation.

Justin Sun is working to make Huobi popular

Meanwhile, Justin Sun comes to the fore with his statements about the field. Sun, who is the founder of the TRON Blockchain and serves as a consultant to the major cryptocurrency exchange Huobi, said in a tweet on Monday that Huobi is a virtual asset service provider (VASP) in Hong Kong as part of the new operational requirements that will come into effect in June. He said he was going to apply for his license. If approved, the exchange will launch Huobi Hong Kong.

Ranked 15th in overall trading volume according to CoinMarketCap data, Huobi is one of Hong Kong’s exchanges seeking licenses to operate in the crypto market. Seychelles-based crypto exchange OKX, which ranks eighth in total trading volume, has also applied for a license in the city. Meanwhile, the Chinese government’s relationship with crypto has been turbulent. Two years ago, regulators banned crypto trading and mining. The new requirements do not mean that the coin will be available to Hong Kong retail traders, but at least for now, Hong Kong’s securities regulator, the Securities and Futures Commission (SFC), has extended a lifeline to crypto companies.

Contact us to be instantly informed about the last minute developments. twitterin, Facebookin and InstagramFollow and Telegram And YouTube join our channel!

Risk Disclosure: The articles and articles on Kriptokoin.com do not constitute investment advice. Bitcoin and cryptocurrencies are high-risk assets, and you should do your due diligence and do your own research before investing in these currencies. You can lose some or all of your money by investing in Bitcoin and cryptocurrencies. Remember that your transfers and transactions are at your own risk and any losses that may occur are your responsibility. Cryptokoin.com does not recommend buying or selling any cryptocurrencies or digital assets, nor is Kriptokoin.com an investment advisor. For this reason, Kriptokoin.com and the authors of the articles on the site cannot be held responsible for your investment decisions. Readers should do their own research before taking any action regarding the company, assets or services in this article.

Disclaimer: Advertisements on Kriptokoin.com are carried out through third-party advertising channels. In addition, Kriptokoin.com also includes sponsored articles and press releases on its site. For this reason, advertising links directed from Kriptokoin.com are on the site completely independent of Kriptokoin.com’s approval, and visits and pop-ups directed by advertising links are the responsibility of the user. The advertisements on Kriptokoin.com and the pages directed by the links in the sponsored articles do not bind Kriptokoin.com in any way.

Warning: Citing the news content of Kriptokoin.com and quoting by giving a link is subject to the permission of Kriptokoin.com. No content on the site can be copied, reproduced or published on any platform without permission. Legal action will be taken against those who use the code, design, text, graphics and all other content of Kriptokoin.com in violation of intellectual property law and relevant legislation.

Show Disclaimer


source site-3