Justin Sun: Poloniex has saved evidence related to hackers and will gradually resume deposits and withdrawals in the next few days
Justin Sun, founder of TRON and member of the HTX Global Advisory Committee, announced on social media that the Poloniex team has successfully identified and frozen some assets related to the hacker's address. Currently, the losses are within a controllable range, and Poloniex's operating income can make up for these losses.
In addition, Justin Sun stated that the Poloniex team has restored the Poloniex system, preserved relevant evidence, and in the next few days, Poloniex will strive to gradually restore deposits and withdrawals to ensure 100% safety. Poloniex deeply apologizes for any inconvenience caused by this.
Justin Sun seeks opinions from users on "launching Inscription on the TRON network"
On November 9th, Justin Sun posted on social media that a user suggested him to launch an inscription on the TRON network and asked for opinions from social media users.
Justin Sun transferred 101,000 SUSHI to Binance
According to PeckShieldAlert monitoring, an address labeled as Sun Yuchen transferred 101,000 SUSHI (about $116,000) to Binance.
Justin Sun: stUSDT TVL is expected to exceed US$3 billion this year
According to official sources, Blockchain Life 2023 officially opened in Dubai today. TRON founder Sun Yuchen attended the conference online and introduced topics such as TRON and stUSDT. Sun Yuchen said that TRON has always provided users with powerful and comprehensive stablecoin services. The continuous growth of usage and transaction volume has driven TRON to become a deflationary network. He pointed out that TRON will continue to strengthen the DeFi ecosystem, and the TVL of stUSDT is expected to exceed 3 billion U.S. dollars this year. It is reported that stUSDT is the first RWA protocol based on rebase, and it is now operated through the decentralized platform JustLend DAO. The stUSDT platform is committed to bridging the gap between individuals and institutional investors, and the crypto world and the real world through smart contracts.
Justin Sun: I don’t think Tron and Ethereum are competitors, I believe multi-chain is the future
Justin Sun posted on X platform, stating that he believes in the future of multiple chains and does not consider Tron and Ethereum to be competitors. HTX supports many Ethereum projects, and he believes that no blockchain can meet the diverse needs of every person on earth because the demand varies greatly around the world. Our commitment remains to focus on providing the best solutions and embracing every promising project in the blockchain field.
Justin Sun's address on Tron transferred 90 BTCT to the black hole address, worth $2.58 million
According to Pai Shield monitoring, Sun Yuchen's address (0x3Ddf...5296) on the BNB Chain redeemed 119,700 TUSD from Venus and transferred it to Binance. In addition, 90 BTCT (worth about $2.58 million) was transferred from Sun Yuchen's address on Tron to a black hole address.
Justin Sun’s Address Withdrew Approximately 23,000 ETH From Lido, Equivalent to Approximately US$37.7 Million
According to monitoring data from PeckShield, on October 7th, Justin Sun's address withdrew about 23,000 ETH (approximately $37.7 million USD) from Lido. The address had previously withdrawn about 19,999 ETH from Lido and deposited it into Binance one day prior.
Justin Sun Converted 340,000 TUSD and 500,000 USDT to USDC, and Transferred 300,000 USDC and 61 ETH to Poloniex
According to Pai Shield monitoring, an address marked as Justin Sun has converted about 840,000 stablecoins (including 340,000 TUSD and 500,000 USDT) into about 840,000 USDC.Subsequently, the address transferred 340,000 USDC to Huobi Deposit and 300,000 USDC and 61 ETH to Poloniex.
Justin Sun redeemed 146.13 million DAI from MakerDAO
PeckShieldAlert has monitored that Justin Sun redeemed 146.13 million DAI from MakerDAO and exchanged it for 16.86 wstETH. Justin Sun's related address 0xBCb7 redeemed 59.9 million DAI from MakerDAO and exchanged it for 67,000 wstETH.
Justin Sun Currently Mortgages a Total of 330 Million US Dollars Worth of stETH, Minted 117.8 Million DAI and Deposited It Into MakerDAO
August 10th, Justin Sun has currently staked a total of 157,000 stETH (worth approximately $330 million) and minted 1.178 billion DAI, which has been deposited into MakerDAO to earn its current 8% deposit interest rate.
Based on the current deposit interest rate, Justin Sun's 1.178 billion DAI is expected to earn $6.53 million in one year, or approximately $17,900 per day.
