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The founder of the Tron crypto project, the notorious businessman Justin Sun, has become the largest individual staker of Ether (ETH). According to journalist Colin Wu, the address tagged Justin Sun is probably the largest individual ETH staker. The wallet mentioned currently has 282,796 ETH (around $447 million at the time of writing) staked on Lido. The address tagged Justin Sun is probably the largest individual ETH stake r. The two address tagged Justin Sun currently has 282,796 ETH ($439M) stake d on Lido. According to @EmberCN – 0x176f3dab24a159341c0509bb36b833e7fdd0a132 (192,656 ETH)… — Wu Blockchain (@WuBlockchain) October 15, 2023 At the beginning of the month, Sun had already un stake d $32.4 million worth of ETH. On Oct. 4, Sun withdrew 19,999 stake d ETH from the Lido Finance platform and sent them to the Binance exchange. It can be assumed that the businessman has sold digital assets or plans to do so in the near future. Notably, in early 2023, Lido Fin...

TRON’s TRX is currently trading at $0.08388, nearly 10% up in the last 24 hrs. advertisement TRX gets massive DeFi exposure The BitTorrent Bridge would successfully enable fast and easy movement of assets between Ethereum Virtual Machine (EVM)–compatible blockchains and Tron. The bridge will further boost TRON’s native cryptocurrency’s liquidity and increase its use within DeFi protocols. Ethereum is currently the largest DeFi ecosystem, with the total value of assets locked in over 800 protocols at over $80 billion. Tron has the second-highest TVL among blockchain networks, with $5.61 billion locked on 22 protocols. Earlier, Sun tweeted Tron blockchain hit a new record high amount of daily transactions as it processed nearly 11 million transactions on May 31. Recommended Articles Crypto Presale Projects For 2023 To Invest; Updated ...

This year has been difficult for crypto-based organizations. Companies that exuded a strong foothold in the crypto space shut shop, the profitability numbers of the ones that managed to stay afloat went downhill, and investors paid a hefty price. With just a day left for the year to end, another not-so-positive development has shaped up. Chinese Journalist Colin Wu took to Twitter to claim that Huobi is allegedly going to cancel all year-end bonuses. Wu also stated that the exchange is preparing to lay off nearly half of its team. The size is likely to reduce from 1,200 people to 600-800 people. Citing anonymous insider sources, Wu also revealed that Huobi will slash the salaries of senior employees. Justin Sun ’s Huobi exchange will cancel all year-end bonuses, and will prepare to lay off the team of 1,200 people to 600-800 people, and cut the salaries of senior employees, according to several insiders. Exclusive — Wu Blockchain (@WuBlockchain) December 30, 2...