A Hong Kong lawmaker, Johnny Ng Kit-chong, is encouraging global investors to keep their faith in the city’s Web3 sector following accusations from cryptocurrency mogul Justin Sun about flaws in local financial regulations. Sun claimed that the First Digital Trust misappropriated funds connected to the TrueUSD stablecoin for other investments, raising concerns about Hong Kong’s ...
Justin Sun, the founder of the Tron Network, is urging community members to consider a new proposal aimed at reducing block rewards on the network. He believes that a halving cycle, similar to Bitcoin’s, could benefit TRX by increasing its deflation rate. Currently, TRX’s supply is decreasing by 1% annually, making it unique among major ...
HTX, a leading cryptocurrency exchange, recently addressed rising security concerns in the industry following a significant $1.5 billion hack. During a live discussion, Global Advisor Justin Sun emphasized the importance of robust security measures for exchanges. He highlighted the continuous evolution of hacker tactics and stressed that exchanges must regularly enhance their security protocols. Sun ...
Chinese crypto entrepreneur Justin Sun made headlines after purchasing a $6.2 million banana artwork and then investing $30 million in World Liberty Financial, a struggling cryptocurrency firm with ties to Donald Trump. This investment allowed Trump’s ventures to potentially profit by $20 million or more. Critics are concerned about the ethical implications of Trump’s expanding ...
Justin Sun, a prominent cryptocurrency entrepreneur, recently gained attention on social media after he ate a banana artwork he purchased for Rs 52 crore, which was a banana taped to a wall. During a press conference at The Peninsula in Hong Kong, he peeled off the tape and enjoyed the fruit, declaring it “much better ...
The cryptocurrency Market is currently experiencing a surge, but retail investors seem hesitant to jump back in, likely due to memories of the rapid downturn during the 2021 bubble. While Bitcoin trading is increasing, experts note that interest from retail investors has not yet matched previous highs, indicating many are still watching from the sidelines. ...
Justin Sun, a Chinese cryptocurrency entrepreneur, recently made headlines after buying a controversial art piece for $6.2 million. The artwork, created by Italian artist Maurizio Cattelan, features a banana duct-taped to a wall. In a playful move, Sun shared a video on social media where he ate the banana, claiming its taste reminded him of ...
Crypto entrepreneur Justin Sun made headlines by purchasing Maurizio Cattelan’s famous artwork, “Comedian,” for $6.2 million at a Sotheby’s auction. This artwork consists of a banana duct-taped to a wall. In a surprising move, Sun immediately ate the banana after winning it, marking the third time someone has done so. During a press conference in ...
Justin Sun, a cryptocurrency entrepreneur, recently made headlines after purchasing a conceptual artwork featuring a banana duct-taped to a wall for $6.2 million. During a press conference at a luxury hotel in Hong Kong, Sun peeled the banana off and enjoyed it, claiming it tasted better than usual. The artwork, titled “Comedian” by Italian artist ...
Justin Sun, a cryptocurrency entrepreneur, made headlines when he purchased a piece of conceptual art featuring a banana duct-taped to a wall for $6.2 million. In a press conference at The Peninsula Hong Kong, he peeled off the tape and tasted the banana, proclaiming it better than others. The artwork, titled “Comedian” by Maurizio Cattelan, ...
