In a significant development for blockchain security, TRON , Tether , and TRM Labs have collaborated to protect USDT users on the TRON network from fraudulent and criminal activities. This partnership has successfully frozen over $100 million in assets tied to illicit activities such as money laundering, scams, blackmail, hacks, terrorism, and drug trafficking. TRON, Tether, and TRM Labs collaborate to protect USDT users from malicious activity on TRON “This collaboration has frozen more than 100 Million USD of assets associated with money laundering, scams, blackmail, hacks, violent crimes, terrorism, and drugs” – By @BenSizelove pic.twitter.com/3YhG70RvZx — CryptoQuant.com (@cryptoquant_com) January 16, 2025 This initiative highlights the commitment of these organizations to creating a safer environment for cryptocurrency users. By leveraging advanced blockchain analytics and freezing suspect assets, they aim to minimize risks and foster trust within the crypto ecosystem. Trump-Backed Crypto Project Plans Investment in TRON In related news, World Liberty Financial (WLFI), a crypto project backed by the Trump family, has announced plans to acquire TRON (TRX) tokens. According to reports from Coindesk, World Liberty Financial raised an impressive $90 million through the sale of its WLFI token. According to Coindesk, the Trump family-backed crypto project World Liberty Financial will buy tron (TRX) token. World Liberty raised $90 million by selling WLFI. Earlier, Justin Sun announced that he would invest $30 million in World Liberty Financial and become its largest… — Wu Blockchain (@WuBlockchain) January 18, 2025 Justin Sun, the founder of TRON, had previously revealed his intentions to invest $30 million in World Liberty Financial, making him the project’s largest investor. This strategic partnership between TRON and World Liberty Financial underscores the growing appeal of TRON’s ecosystem and its potential to attract high-profile collaborations. TRON’s Growing Influence These developments highlight TRON’s expanding role in the cryptocurrency market. Its partnership with Tether and TRM Labs not only strengthens user protection but also sets a benchmark for proactive measures against malicious actors. Meanwhile, the involvement of prominent entities like the Trump-backed World Liberty Financial demonstrates the increasing interest in TRON as a key player in the blockchain space. As TRON continues to gain traction, these partnerships and investments signal a bright future for its ecosystem and user base. 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: lishchyshyn/ 123RF // Image Effects by Colorcinch
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Trump’s Executive Order to Launch Government Efficiency Department: Implications for Blockchain and Digital Currencies
As reported by COINOTAG News, on January 20th, Semafor revealed that former President Donald Trump is expected to sign a significant executive order today. This order aims to create a NullTx
Bitcoin Volatility Climbs to 6-Month High as Options Frenzy Picks Up
Bitcoin ( BTC ), the largest cryptocurrency by market capitalization, hit a record-high above $109,000 on Monday, sending both implied volatility and realized volatility to the highest levels since August`s yen carry trade unwind. Realized volatility is the historical price fluctuations of bitcoin over the past 30 days. It hit 67 on the Bitcoin Volatility Index (BVOL) on Deribit. The Bitcoin Volmex Implied Volatility index (BVIV) hit a high of 71. Implied volatility is the market`s expectation for future price fluctuations derived from options pricing. Both indexes are up around 2% on the day. "The positive correlation between bitcoin`s price and implied volatility remains intact. It’s a sign traders are chasing options, particularly calls, as risk reversals show calls are trading at a premium relative to puts that offer downside protection," said Omkar Godbole, a markets analyst and managing editor of markets at CoinDesk In addition, short-duration calls are priced higher than longer-duration ones, a rare occurrence that indicates strong short-term bullish sentiment, according to Andre Dragosch , the European head of research at Bitwise. Open interest in options has increased by 44,000 BTC, reflecting heightened speculative activity, Dragosch noted. Traders are expecting a rapid price gain following President-elect Donald Trump`s potential announcement of a strategic bitcoin reserve. Trump`s "influential use of social media, which has historically moved markets, is adding to the uncertainty surrounding the next few days," suggests Mitch Galer, a trader at GCR. "Speculation about a strategic crypto reserve and potential deregulation, crypto markets are optimistic about further gains this year". NullTx