2 days ago
A crypto crime task force formed by Tron ( TRX ), TRM Labs and Tether has reportedly frozen over $125 million worth of USDT internationally since its August 2024 inception. According to new announcements from Tron and Tether , the T3 Financial Crime Unit has taken bad actors on the TRX blockchain for $126 million worth of USDT in only four months of existence. “The T3 Financial Crime Unit (T3FCU), a collaboration between TRON, Tether, and TRM Labs, has frozen more than USDT 100 million in criminal assets globally, passing a significant milestone in its fight against cryptocurrency-related financial crime.” Source: TronDAO/X Per the above graphic, over $100 million of the frozen funds were connected to money laundering and investment scam schemes. According to Tether’s announcement of the milestone, T3 has monitored over $3 billion worth of transactions in USDT volume on the TRON blockchain across five continents for the last four months. Says Tron founder Justin Sun, “Criminals now have 100 million reasons to think twice before using TRON. T3 FCU’s rapid success in freezing criminal assets sends an unmistakable message: if you’re using USDT on TRON for crime, you will be caught.” Sun, a polarizing personality in the cryptosphere, recently made headlines for eating a $6.2 million banana . Don`t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Follow us on X , Facebook and Telegram Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post T3 Financial Crime Unit Freezes $126,000,000 in USDT on Tron (TRX) Blockchain in Just Four Months appeared first on The Daily Hodl .
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Scams, Hacks & Breaches Tron News t3 financial crime unit tether TRM Labs TRX usdt
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DOGECOIN PRICE ANALYSIS & PREDICTION (January 5) – Doge Signals New Rally But is Yet to Confirm, Now Facing $0.4
Dogecoin and other top meme coins have staged a major recovery in the past few days as the overall market bounced back from a correctional phase. A successful breakup could set the asset for another major rally. The last quarter of 2024 saw Dogecoin through its highest buying period in two years as it rallied 3x to a peak of $0.48 in December in early. But it later ended the year in a correction mode after making a double-top. Following a quick recovery from the $0.263 level, the volatility dropped and the price traded sideways for almost a week before initiating a buy in the mid-week. This led to a surge and it reclaimed a three-week high. Staging a new rally on the daily chart, Doge’s bulls are back in actions but the $0.4 level has been posing threat over the past hours. Pushing through it could bring us back to the recent peak with a potential surge. If the bulls fail to push higher, we may see a slight pullback to the $0.35 level before rising back. An increase in this volume should set the price up for a strong surge in volatility. Currently, the daily volume indicator is still in a downward range. DOGE’s Key Level To Watch Source: Tradingview The latest buying is aimed at retaking the previously lost $0.48 peak. Breaking above it could result in a serious rally to $0.6 and $0.75 in the near future. If Doge drops below the holding $0.365 support, it may pulled back into the $0.31 level for a rebound. While the ongoing surge is supported by the $0.262 level, a drop below it could plummet the price to $0.22 and even $0.18. Key Resistance Levels: $0.48, $0.6, $0.75 Key Support Levels: $0.365, $0.262, $0.22 Spot Price: $0.381 Trend: Bullish Volatility: High Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services. Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news ! Image Source: avirozen/ 123RF // Image Effects by Colorcinch The Daily Hodl
Bitcoin Gold Rockets 140% in 24 Hours Despite Looming Upbit Delisting Deadline
While numerous so-called ‘dino’ cryptocurrencies have begun to reawaken, the Bitcoin fork known as bitcoin gold (BTG) has experienced an astonishing rise of 140.31% within the last 24 hours. On Saturday, this digital asset oscillated between an intraday low of $9.30 and a high of $23.27. South Korea’s Upbit Drives Bitcoin Gold Mania Years ago, The Daily Hodl
