Justin Sun Featured on Forbes Cover; TRX Trading Volume Surpasses $500 Million

Tron founder Justin Sun appeared on the cover of Forbes, coinciding with the tenth anniversary of Hupan University Business School

Tron founder Justin Sun was featured on the cover of Forbes magazine for the tenth anniversary of Hupan University Business School, the founders' internal training institution.

The businessman became the second Chinese man after Jack Ma to be featured on the cover of the magazine.

The community was concerned, recalling a long-standing "curse". In the past, the appearance of crypto entrepreneurs in Forbes was accompanied by a market decline. MicroStrategy founder Michael Saylor was also recently featured on the cover.

Following Forbes' publication, the TRX trading volume on Binance alone increased by 12%, reaching around $115 million. The token price rose to $0.2305 at the moment.

According to CoinCodex, TRX's cumulative turnover across all platforms supporting the coin totaled $588 million.

Activity on the TRON network showed growth, with the number of unique addresses increasing by 20% overnight and the number of transactions jumping by 30%.

Technical indicators like the RSI have recorded levels near the overbought zone, suggesting investor interest is intensifying.

Source: TradingView

Attackers have gained access to the personal data of customers of the crypto exchanges Gemini and Binance. Some of the information has already been put up for sale on the darknet, reports Dark Web Informer.

According to the publication, a darknet user under the nickname AKM69 made the last recorded transaction on March 27.

"The database for sale reportedly includes 100,000 records, each containing the full names, email addresses, phone numbers and location data of people from the US, as well as Singapore and the UK," Dark Web Informer noted.

The attacker categorized his "item" as part of a "broader campaign to sell consumer data for cryptocurrency-related marketing and scams."

A day earlier, on March 26, Dark Web Informer reported that a user under the nickname kiki8888888 was offering to sell Binance customers' logins and passwords. The compromised data contained 132,744 lines of information.

The U.S. Securities and Exchange Commission (SEC) withdrew lawsuits against cryptocurrency companies ConsenSys, Cumberland and Kraken.

Court papers to dismiss the proceedings were filed on March 27. The cases are closed due to "bias", which makes it impossible to reopen them.

The SEC said the decision is related to a review of the overall approach to regulating the crypto industry. The closing of the cases does not reflect their legality, the statement said.

Kraken became the subject of claims in November 2023. The commission accused the exchange of offering unregistered securities in the form of digital tokens on its platform.

In June 2024, the SEC sued ConsenSys. According to the suit, the firm has been "operating as an unregistered securities broker" since October 2024 and has been selling securities through MetaMask Staking since January 2024.

The trading firm Cumberland DRW came under fire in October 2024 over allegations of unregistered trading in assets the SEC deemed to be securities.

FTX founder Sam Bankman-Fried (SBF) was transferred to a federal transit center in Oklahoma City.

According to the WSJ, his relocation began on March 26 after an uncoordinated video interview with Tucker Carlson from a Brooklyn jail.

Speaking to a reporter, SBF said he believes his verdict is wrong. He argues that FTX could now have "$100 billion in assets against $15 billion in liabilities" if not for the crash.

The interview likely influenced the decision to transfer. It was broadcast as part of the actions of the Bankman-Fried family seeking a reduced sentence.

SBF's relocation is related to the final adjustment of his place of confinement. He is now in a transit prison, which serves as an intermediate step before sending inmates to permanent correctional facilities.

The ex-head of FTX will await referral to the main prison, presumably in California, near his parents' home. His release is scheduled for November 17, 2044.

Pectra hardfork activated in Ethereum testnet Hoodi

Ethereum developers have successfully deployed the Pectra upgrade to the Hoodi test network. The team will discuss the upgrade results during the next ACDEC.

The implementation of hardfork in the Sepolia (consensus level) and Holesky (execution level) testnet led to failures. In the former case, an intrusion by an attacker caused additional difficulties.

In Holesky, even after the network was restored to service, it turned out to be impossible to test Pectra'