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Justin Sun has been elected prime minister of the tiny country of Liberland again following a second round of congressional elections earlier this month.  The results of the nation’s so-called “test election” were tallied last Saturday. Sun was previously elected prime minister in a separate test election last October, although it’s unclear why Liberland held two elections in such quick succession.   Following his election, Sun pitched his plans for Liberland to the country’s president Vít Jedlička in a video published on Monday.  In the video, Sun emphasized the need for a strong relationship with the US and called incoming President Donald Trump a “bold man” who loves to make “unprecedented” moves. Because of this, Sun claims that by following US policies as “most of the Earth” does, Liberland can secure a diplomatic relationship with the US .    Justin Sun’s pitch for Liberland and the year ahead. Read more: Justin...

The founder of the Tron (TRX) blockchain is making headlines for eating a famously controversial piece of art. After winning Italian artist Maurizio Cattelan’s art piece “Comedian” last week in a Sotheby’s art auction for $6.2 million, Justin Sun made good on his promise today to eat the art installation, which was a banana duct-taped to a wall. Last week, Sun announced winning the art auction and his plans for the piece. “I’m thrilled to announce that I’ve bought the banana!!! I am Justin Sun, and I’m excited to share that I have successfully acquired Maurizio Cattelan’s iconic work, Comedian for $6.2 million. This is not just an artwork; it represents a cultural phenomenon that bridges the worlds of art, memes, and the cryptocurrency community. I believe this piece will inspire more thought and discussion in the future and will become a part of history. I am honored to be the proud owner of the banana and look forward to it sparkin...

Threshold community proposes merging tBTC with WBTC. The proposal is driven by concerns over WBTC’s stability due to Justin Sun’s involvement. According to the proposal, BitGo will receive T tokens, becoming a major stakeholder in Threshold Network. In a strategic move to protect the future of Wrapped Bitcoin (WBTC), a proposal dubbed “#saveWBTC – a merger with Threshold’s tBTC” has been put forward to merge the decentralized tBTC token of Threshold with BitGo’s WBTC. The proposal, currently under discussion on Threshold’s forum page, comes in response to rising concerns within the crypto community regarding WBTC’s stability following BitGo’s partnership with Hong Kong-based BiT Global, a company partly owned by Justin Sun, founder of the Tron ecosystem. Unease with Justin Sun’s involvement with WBTC The partnership has raised alarms due to Sun’s controversial track record, with past in...

Coinbase Global Inc (NASDAQ: COIN),a leader in cryptocurrency exchange, has recently stirred the market with hints of an upcoming product launch, a synthetic Bitcoin (BTC) token named “cbBTC.” This potential addition to Coinbase’s offerings could position the exchange as a formidable competitor in the synthetic Bitcoin market, which is currently dominated by BitGo’s Wrapped Bitcoin (WBTC).  The announcement of cbBTC is especially significant as it arrives amid growing concerns and controversy surrounding WBTC and its association with Tron (TRX) founder Justin Sun. Picks for you HyperCycle unveils RingOfRings project to enhance crypto security 3 hours ago Here's Bitcoin's new bullish target as key price level...

Tron (TRX) founder Justin Sun made several large cryptocurrency deposit s totaling $25.5 million to leading exchange Binance over the past day. According to transaction data from blockchain intelligence firm Arkham, the deposit s were made in three separate transactions from Justin Sun’s known wallet address to a Binance deposit address. The first transfer was for $1.7 million of USD Coin (USDC), followed by $2.8 million of True USD (TUSD) and finally $21 million USDT. USDC, TUSD, and USDT are all stablecoins whose values are pegged to the United States dollar. By using these dollar-backed cryptocurrencies instead of a volatile coin like Bitcoin (BTC), Sun likely wanted to avoid significant price fluctuations when the tokens were held in the wallets. You might also like: Justin Sun became largest individual ETH staker The decision to hold multiple stablecoins is likely partially motivated by a willingness to limit losses if one stablecoin collapses. Sun could plan t...