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The broader digital currency ecosystem is recovering as the combined crypto market cap jumped by more than 2.35% to $2.04 trillion. Besides Bitcoin (BTC) and Ethereum, among the major altcoin beneficiaries of this rally are XRP, Dogecoin (DOGE) and Tron (TRX).
Projects like DTX Exchange are gaining attention as potential disruptors of the traditional finance ecosystem. With traditional platforms facing high fees and complicated processes, investors and traders are shifting their focus to innovative solutions that offer higher leverage, lower fees, and no KYC requirements.
SunPump, a memecoin launchpad powered by the Tron blockchain, has seen a steep drop in memecoin activity following its initial success.
The T3 FCU will collaborate with law enforcement to uncover and block criminal uses of USDT.
Tether, Tron, and TRM Labs unit to form T3 Financial Crime Unit to curb illicit crypto activities.
Unlock September's top cryptocurrencies projected for substantial gains in our latest investment guide. Explore new opportunities to grow your portfolio while bears are dormant.
Amid a crypto market downturn, TRX, THETA, and XTZ face price challenges, despite positive developments.
Tron, Tether and the blockchain intelligence firm, TRM Labs, appears in the T3 Financial Crime Unit (T3 FCU) that aims to address an increased rate of criminal activities associated with the USDT in the TRON ecosystem.
Ethereum competitors, such as Solana (SOL), Tonoin (TON), Tron (TRX), Cardano (ADA), and SUI, are likely to draw investors' attention as ETH price correction over the past six months. The bearish momentum accelerated as the Ethereum network was attacked by crypto hackers and growing speculation behind CEO Vitalik Buterin selling his holdings.
Amid increased uncertainty in the crypto market, the Tron project has outperformed all the top 20 cryptocurrencies including Bitcoin with a surge of over 20% in the past month. Following this, Tron-based altcoins gained significant attention from the investors resulting in many tokens recording three-digit gains within a short period.
The T3 Financial Crime Unit will work to reduce criminal activity associated with USDT on Tron, collaborating with law enforcement agencies to hold criminals accountable and make victims whole.
The Indonesian crypto exchange Indodax recently suffered a crypto hack, with the exploiter stealing $20 million. Onchain data shows that the hacker has swapped the stolen funds to major crypto assets, including Bitcoin and Ethereum.
TRX's Open Interest has dropped by nearly 50% within two weeks.
NO BYLINE, THANKS Three major players in the crypto space are teaming up to prevent the improper use of USDT, the largest stablecoin by market cap.
Tether, the largest stablecoin issuer, has partnered with Tron, one of the top blockchains, and blockchain intelligence firm TRM Labs to tackle criminal activity involving USDT.
Tether is teaming up with TRM Labs and TRON to form a “T3 Financial Crime Unit” to combat the illicit use of its USDT stablecoin on the TRON blockchain, according to a Sept. 10 statement shared with CryptoSlate.
TRON, stablecoin issuer Tether, and blockchain forensic firm TRM Labs unveiled a strategic partnership on September 10, launching the T3 Financial Crime Unit (FCU) to combat illegal USDT transactions on the TRON blockchain.
TL;DR Tether, TRON and TRM Labs create the T3 Financial Crime Unit (T3 FCU) to combat crypto crimes. The unit has facilitated the freezing of over 12 million USDT linked to fraud and extortion. TRM Labs will provide support in identifying transactions related to illegal activities.
Tron, Tether, and TRM Labs have announced the creation of the T3 Financial Crime Unit (T3 FCU), a new initiative aimed at fighting illicit activity in the cryptocurrency space. The partnership, focused on public-private collaboration, seeks to improve security within the Tron blockchain and reduce the misuse of its tether (USDT) stablecoin.
The leading stablecoin issuer Tether has teamed up with TRON blockchain and TRM Labs to curb crypto scams. The new collaboration primarily focuses on establishing a new financial crime unit that aims to fight illicit activities involving USDT.
As meme coin launchpad SunPump fails to launch more than 1,000 tokens for the second day in a row, Tron's TRX has fallen out of the top 10.
Tether joins forces with TRON and TRM Labs to bolster the fight against crypto crimes.
Tron, the largest network for the USDT stablecoin, will provide its technical expertise to identify and freeze illicit USDT transactions within the new financial crime unit.
This partnership combines TRM Labs' blockchain intelligence, TRON's technical expertise, and Tether's investigation capabilities. Together, they are making significant strides toward a safer crypto environment.
