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The percentages on deposits as of February 2️⃣6️⃣

The percentages on deposits as of February 2️⃣6️⃣

Feb-26-2025

Tron to Launch Fee-Free USDT Stablecoin Transfers ✔️

Tron to Launch Fee-Free USDT Stablecoin Transfers ✔️

Feb-26-2025

Tether's USDT stablecoin will soon support fee-free transactions in TRX tokens on the Tron blockchain. According to Tron ecosystem founder Justin Sun, the new option will be available in early March.

“Tron Gas Free feature, which supports paying gas in USDT without using TRX, will be launched within the next week,” Sun announced on X’s social media on February 25.

The percentages on deposits as of February 2️⃣5️⃣

The percentages on deposits as of February 2️⃣5️⃣

Feb-25-2025

Justin Sun Urges USDT Holders to Migrate to TRON Blockchain ✔️

Justin Sun Urges USDT Holders to Migrate to TRON Blockchain ✔️

Feb-25-2025

Tron founder Justin Sun has called on large USDT holders to transfer their assets to his blockchain. The reason is the greater security and transparency of the network compared to the Ethereum blockchain.

"We have discussed solutions for storing large USDT reserves on our platform, and I recommend storing them on the Tron blockchain using the cold multi-sig method,” Sun wrote on social media.

He noted that cold storage solutions significantly reduce the risk of cyber attacks and unauthorized access. Tron's multi-signature feature easily integrates with cold storage solutions, further enhancing security measures.

Unlike Ethereum, which relies on smart contracts for its multi-signature security, Tron integrates it directly into the blockchain. Sun believes that this structure eliminates the additional risks associated with smart contract-based security vulnerabilities that have previously led to Ethereum-based solutions being hacked.

Sun believes that Ethereum exposes users to the risk of “blind” signatures, where approval can be given without full awareness of potential threats. This is the vulnerability that was exploited by the attackers in the Bybit hack. Tron eliminates this uncertainty and provides full transparency into every multi-signature transaction, Sun explains.

Meanwhile, the average transaction per transfer on the Tron network has reached an average of $6, which is significantly higher than on the Ethereum blockchain. Many users realize that this is not profitable for USDT transactions.

The percentages on deposits as of February 2️⃣4️⃣

The percentages on deposits as of February 2️⃣4️⃣

Feb-24-2025

Stolen assets from Bybit were sent to an address associated with memecoins 🔰

Stolen assets from Bybit were sent to an address associated with memecoins 🔰

Feb-24-2025

Hacker group Lazarus, known for high-profile crypto hacks, has been accused of stealing $1.4 billion from Singapore-based exchange Bybit last week. Blockchain investigator ZachXBT has traced some of the stolen funds through a series of cross-chain transfers and uncovered sophisticated laundering tactics.

On February 22, ZachXBT reported that a hacker transferred $1.08 million in USDC stablecoins to wallet “0x3639…7d1,” from which they were forwarded to the Solana blockchain . The assets were then moved to Binance Smart Chain (BSC) via wallet “EFmqz…dq2P” and distributed to more than 30 addresses.

Transaction history shows that the funds were later consolidated in wallet “0x0be9…55a3”, which distributed 106,000 USDC across 10 BSC wallets, then moved back to Solana.

The on-chain detective found that several recipient addresses were linked to fraudulent memcoin transactions. ZachXBT noted that the wallet owner had previously created dubious memcoins on the Solana network on the Pump fun platform.

On February 23, ZachXBT identified over 920 addresses associated with the hack, linking them to the money laundering methods of the Lazarus Group hackers. The cryptocurrencies ended up passing through multiple crypto mixers and exchanges, making them difficult to track.