TRON (TRX) Founder Justin Sun Pledges $40M USDT Injection After Binance’s Hack
Cryptovest
Published May 08, 2019 05:58AM ET
Updated May 08, 2019 07:22AM ET
TRON (TRX) Founder Justin Sun Pledges $40M USDT Injection After Binance’s Hack
Binance has met an unlikely supporter after the recent hack . Justin Sun, co-founder of TRON (TRX), has pledged to refill the lost sum and engage in trading to boost liquidity.
https://twitter.com/justinsuntron/status/1125932499761225728
Binance lost 7,074 Bitcoin (BTC) late on Tuesday, after an outbound transaction managed to circumvent the checks and ended up in a series of addresses . Binance will cover the funds through its SAFU insurance program, not leaving traders to absorb the losses.
But Justin Sun’s move did not generate ...
This article appeared first on Cryptovest
Get The News You Want
Written By: Cryptovest
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.