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Cynthia Lummis, the Republican junior senator from Wyoming, teased via X that “₿ig things are coming!.” The inclusion of the Bitcoin symbol in lieu of the “B” led many to speculate that the announcement was going to be about the promised “Strategic Bitcoin Reserve.” Even Justin Sun, an advisor to President Donald Trump-endorsed DeFi project World Liberty Financial, was excited by the news, quote-posting her announcement of a future announcement and adding that he thought it would be “₿ig things.”  Unfortunately for those caught up in the speculation, it seems likely that Lummis’ post referred to her new role as chair for the Senate Banking Subcommittee on Digital Assets. Honored to chair the Senate Banking Subcommittee on Digital Assets. pic.twitter.com/mWj2hKA0NQ — Senator Cynthia Lummis (@SenLummis) January 23, 2025 Some folks were disappointed by this, especially since this particular news was already rep...

Justin Sun, the founder of the TRON (TRX) blockchain, has announced a multi-million dollar investment in World Liberty Financial, a decentralized finance (DeFi) crypto project backed by US President-elect Donald Trump. Sun says that TRON blockchain’s decentralized autonomous organization, TRON DAO, will invest $30 million in World Liberty Financial. “The US is becoming the blockchain hub, and Bitcoin owes it to Donald Trump! TRON is committed to making America great again and leading innovation. Let’s go!” TRON DAO is now the largest investor in the Trump-backed DeFi project. World Liberty Financial is built on the Ethereum (ETH) blockchain and intends to sell 20 billion WLFI utility tokens of the project for $0.015 each, potentially putting it on course to raise $300 million. According to the Ethereum blockchain explorer Etherscan, TRON DAO received two billion WLFI tokens from the DeFi project, representing a 10% stake in the World Liberty Fi...

An unknown entity has printed incredible gains with a recently launched memecoin on the TRON network. Blockchain “de-anonymizing” platform Arkham says that one of the earliest investors of dog-themed altcoin SUNDOG made roughly 1,183,331% in just six days on a $1,690 investment. “This trader turned $1.69K of SUNDOG into $20 MILLION in 6 days TT4S5 was one of the earliest SUNDOG buyers & purchased 104.33 million tokens for $1.69K. They currently hold $19.52 million of SUNDOG across 7 addresses, and also sent $1.08 million SUNDOG to exchanges – for a total profit of $20.60 million.” Source: Arkham/X SUNDOG, launched earlier this month, is trading at $0.2237 at a market cap of $223 million. The altcoin was launched on Sunpump, a platform for memecoin launch & trading, stake-mining, and self-governance on TRON backed by the chain’s founder, Justin Sun. According to analytics platform Dune, Sunpump has already done more ...