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Project Overview
Tron is committed to accelerating the decentralization of the Internet through blockchain technology and decentralized applications (DApps).
TRON ecosystem wallet MeshWallet completes $10 million private funding round
According to an official announcement, MeshWallet, a gas-free USDT wallet headquartered in Tallinn, Estonia, has completed a $10 million private funding round led by multiple private investors and small family offices. Operating on the TRON (TRC20) network, MeshWallet’s core feature eliminates the need for users to hold TRX to pay gas fees, with transfer fees settled directly in USDT to streamline the dual-token operation workflow. The funds will be used to expand its product roadmap and build a user ecosystem.
FBI seizes approximately $560,000 in cryptocurrency and takes control of Hamas fundraising website
Odaily News: The U.S. Federal Bureau of Investigation (FBI) has seized approximately $560,000 in cryptocurrency and taken control of the domain and servers of a fundraising website linked to Hamas. The U.S. Department of Justice stated that these funds were allegedly intended for use by Hamas's military wing, Al Qassam Brigades.Investigators tracked and confiscated the relevant crypto assets based on three seizure warrants issued on March 25, June 25, and October 10, 2025. Court documents show that the assets involved include Bitcoin, Ethereum, Wrapped Ethereum, Tether (USDT), and TRON (TRX), distributed across 18 addresses controlled by Tether and 3 Binance accounts.According to court documents, encrypted chat groups had directed supporters to visit AlQassam.ps and solicited donations via rotating wallet addresses. After the FBI took over the relevant domain and servers, it obtained information on thousands of individuals who had contacted Hamas to inquire about making donations. (Decrypt)
Central Bank of Russia: Russians’ interest in cryptocurrency investments has barely grown over the past six months, while regulatory legislation is underway.
According to the Central Bank of Russia’s “Financial Stability Review,” Russian private investors currently hold approximately 3.8 billion rubles in cryptocurrency-linked financial instruments—a figure nearly unchanged from 3.7 billion rubles six months earlier—indicating stagnation in market interest growth. Of this amount, 1.7 billion rubles flowed into crypto-linked corporate bonds; 5,600 investors collectively held cryptocurrency futures positions worth 1.7 billion rubles; and roughly 3,800 investors allocated 354 million rubles to digital financial assets pegged to Bitcoin and Ethereum. Major issuers include large banks such as Sber and VTB. Meanwhile, the Moscow Exchange has progressively launched Bitcoin and Ethereum futures, along with related ETFs, and will introduce Solana, Ripple, and TRON futures in May 2026.
Binance Suspected of Being Hacked for at Least $5.57 Billion Across Three Public Blockchains
According to on-chain statistics cited by Decrypt, at least $5.57 billion in assets have been transferred from wallets associated with Binance, involving Ethereum, Bitcoin, and TRON; if confirmed as a hack, it would become the largest cryptocurrency heist in history. Binance stated that it is still investigating.
Microsoft Teams Up With Multiple Parties to Dismantle Phishing Network Accepting USDT Payments, Involving Over 75,000 Organizations
According to CryptoSlate, Microsoft and the cybersecurity organization Health-ISAC have obtained a U.S. court order to seize and redirect the domains supporting three services: YAM Store, CoGUI, and Iron Man. These three services sell stolen accounts and phishing tools to fraudsters. Since January this year, they have assisted in sending over 1 billion phishing messages, targeting more than 75,000 institutions across over 150 countries, generating tens of millions of dollars in revenue for operators. Microsoft has disabled more than 20,000 accounts associated with YAM Store and continues to block over 100,000 spoofing and fraudulent domains. According to Microsoft's investigation, these services accept payments in USDT (Tron network) and ETH, with Cloudflare noting that buyers can also pay using USDC. Blockchain analytics firm TRM Labs assisted investigators in locating and freezing related assets, though the frozen amount was not disclosed.
Ledger Support: Investigating theft of assets from Southeast Asian users
Ledger Support posted on X platform stating that it is currently investigating a theft of assets involving Southeast Asian users, who had purchased devices through reseller CryptoBilis. Ledger has asked CryptoBilis to suspend sales and shipments, and recommends that users who purchased devices through this reseller within the past 90 days refrain from initializing their devices; users who have already completed setup should create a new Ledger signing device using a new mnemonic phrase and transfer their assets to a new wallet.On-chain investigator Specter previously estimated that this incident has led to the theft of hundreds of wallets across Bitcoin, Ethereum, and Tron networks, with losses exceeding $86 million. Security researcher tanuki42 previously estimated losses had exceeded $72 million and stated that the amount is still increasing. Currently, the specific cause of the incident and whether the affected devices have security vulnerabilities remain to be investigated and confirmed.
US Senate Democratic investigation: Iran heavily uses Tether's USDT, 84% of sanctioned wallets primarily use USDT
Odaily News: An investigation by US Senate Democrats claims that the stablecoin USDT issued by Tether has become a primary payment method for Iran. The investigation shows that among over 800 sanctioned crypto wallets, approximately 84% primarily or exclusively use USDT. The US Senate Permanent Subcommittee on Investigations previously stated that its review of blockchain records, sanctions lists, and asset seizure notices found that the sanctioned wallets were mainly distributed on the Tron and Ethereum networks and had conducted USDT transactions. (WSJ)
Bitget: Withdrawals to Resume in Phases, Bitcoin Network Withdrawals Opening on September 28
Odaily News: Bitget posted on X platform that the vulnerability involved in the September 24 security incident has been identified and fixed. The team is conducting additional verification and security checks on the withdrawal infrastructure, with Mandiant and SlowMist continuing to assist with the investigation. The temporary suspension of withdrawals is a security measure and is unrelated to the availability of user assets; user account balances have not been affected, and the Bitget Protection Fund will cover the financial impact of this platform-wide incident.Bitget plans to resume withdrawals in phases: Bitcoin network withdrawals will resume on September 28 at 8:00 (UTC); ETH withdrawals on the Ethereum, BSC, Arbitrum, Base, and Optimism networks will resume on September 29 at 8:00 (UTC); USDT withdrawals on the Ethereum, BSC, Solana, and Tron networks will resume on September 30 at 8:00 (UTC); other tokens, fiat, and P2P withdrawals will resume on October 2 at 8:00 (UTC). Trading and deposit services continue to operate, and users do not need to take any action in advance.
Xie Jiayin: Attack paths and methods have been precisely identified, and the stolen funds will be fully covered by the user protection fund.
Xie Jiayin, Head of Greater China at Bitget, announced the latest updates on the security incident, stating that the security team has accurately identified the hackers' attack vectors and methodologies, and obtained details on how the attackers bypassed security protocols. Tracing the attack back to its source is now highly imminent. Third-party security firms Mandiant and SlowMist are continuing their incident investigation and will release a detailed report subsequently. On-chain tracking confirms that approximately $387.5 million in assets were transferred to attacker addresses, an upward revision from the previously estimated $351.6 million. This adjustment simply incorporates ZEC and TRX into the total and does not indicate any new assets were stolen. No other unauthorized transfers have been detected. Bitget stated that all stolen funds at the platform level will be fully covered by the User Protection Fund, ensuring user assets remain unaffected. Bitget has also officially launched its Fund Recovery Bounty Program. Individuals or entities that voluntarily freeze or proactively retrieve attacker funds will be eligible for a 5% bounty, with prior assistance remaining eligible. The platform has published the attacker's addresses, a real-time fund tracking dashboard, and an information submission portal, and pledged to announce withdrawal times by 12:00 PM on September 26.
Binance Suspected of Being Hacked for at Least $5.57 Billion Across Three Public Blockchains
According to on-chain statistics cited by Decrypt, at least $5.57 billion in assets have been transferred from wallets associated with Binance, involving Ethereum, Bitcoin, and TRON; if confirmed as a hack, it would become the largest cryptocurrency heist in history. Binance stated that it is still investigating.
Binance-labeled wallets saw over $5.6 billion in outflows amid suspected attack
Odaily reports: On-chain monitoring shows that the total assets flowing out of Binance-labeled wallets amounted to approximately $5.643 billion. The breakdown includes: $3.528 billion on Ethereum, $1.449 billion on Bitcoin, $628 million on Tron, and $38 million combined across Arbitrum, Optimism, and Base networks. The tally excludes change outputs and avoids double-counting subsequent transfers and swaps. Tether and USDC issuer Circle have frozen at least $2.316 billion in stablecoins, including approximately $1.493 billion in USDT and $823 million in USDC.
Binance will reduce the maximum leverage to 5x for multiple isolated margin trading pairs starting November 10.
Binance announced that starting November 10, 2026 at 16:00 (UTC+8), it will reduce the maximum leverage multiplier for 23 isolated leverage trading pairs from 10x to 5x, involving assets such as ATOM, AVAX, BCH, DOT, HYPE, LTC, SUI, TRX, and ZEC. Following the adjustment, the margin and liquidation risk parameters for the relevant trading pairs will be updated accordingly. Binance reminds users to monitor their positions, deposit additional assets into their isolated leverage accounts or repay debts in advance to mitigate the risk of forced liquidation.
PeckShield: CryptoBillis Ledger Drainer Transferred Approximately $3.89 Million in Crypto Assets to Binance Within Two Days
According to monitoring by on-chain analyst PeckShield (@PeckShieldAlert), CryptoBillis Ledger Drainer, which previously stole over $90 million in crypto assets, transferred approximately $3.89 million in crypto assets to Binance deposit addresses via the Tron network over the past two days, including 3.685 million USDT and 615,000 TRX (approximately $204,000).
Hacker targeting resale Ledger devices transfers over $270,000 to Binance and deposits 430.2 ETH into Tornado Cash for mixing.
According to on-chain analyst Onchain Lens (@OnchainLens), the hacker associated with the $90 million Ledger reseller incident has cumulatively deposited approximately $270,300 into Binance, including 256.57K USDT and 41.12K TRX (about $13,700), with the majority of funds already transferred to Binance's hot wallet. Previously, the hacker also used four wallets to deposit 430.2 ETH (approximately $1.07 million) into Tornado Cash for mixing, and converted USDT to USDD to evade Tether's fund freeze.
Ansem's Question Answered? Only 5 Tokens Meet the Criteria of "Ranked in the Top 100 by Market Cap in 2021 and Hit New All-Time Highs in 2025"
Renowned trader Ansem posted a question to the community: "Aside from USD and BTC, how many tokens can you name that have still hit all-time highs after surviving a full bull-bear cycle?" Crypto KOL @0xaporia compiled findings showing that, excluding BTC, only 8 tokens meet the criteria of "ranked in the top 100 by market cap in 2021 and hit new all-time highs in 2025." Excluding wrapped assets, these include only BNB, XRP, TRX, LEO, and OKB.
USDT0: The cross-chain transfer service between Ethereum and Tron has been restored.
USDT0 official announced that transfer services between Ethereum and TRON have now resumed. The prior suspension of related services was implemented as a precautionary measure to prevent the transfer of stolen funds. USDT0 thanked users for their patience, noting that its infrastructure remains unaffected and continues to operate securely.
Binance Suspected of Being Hacked for at Least $5.57 Billion Across Three Public Blockchains
According to on-chain statistics cited by Decrypt, at least $5.57 billion in assets have been transferred from wallets associated with Binance, involving Ethereum, Bitcoin, and TRON; if confirmed as a hack, it would become the largest cryptocurrency heist in history. Binance stated that it is still investigating.
Binance-labeled wallets saw over $5.6 billion in outflows amid suspected attack
Odaily reports: On-chain monitoring shows that the total assets flowing out of Binance-labeled wallets amounted to approximately $5.643 billion. The breakdown includes: $3.528 billion on Ethereum, $1.449 billion on Bitcoin, $628 million on Tron, and $38 million combined across Arbitrum, Optimism, and Base networks. The tally excludes change outputs and avoids double-counting subsequent transfers and swaps. Tether and USDC issuer Circle have frozen at least $2.316 billion in stablecoins, including approximately $1.493 billion in USDT and $823 million in USDC.
ZachXBT: Institution Allegedly Had Approximately $2.84 Million Stolen by North Korea-Linked Group SquidSquad
According to on-chain investigator ZachXBT (@zachxbt), an institutional entity was reportedly targeted by a DPRK-linked group, SquidSquad, on BSC on October 8, with approximately $2.84 million stolen. On October 20, the attacker deposited 1111.2 ETH into Tornado Cash and withdrew the funds to three addresses: 0xb8b25f535a6e51d0b18c48941d791c7e83559d2b, 0x35c72e26f6888b4cba8668c6cfa4143599680bfe, and 0x8e4a232ac8a05d1f4cfe4458a96a581ceeb7e848. Subsequently, the funds were bridged cross-chain via USDT0 from Ethereum to Tron and consolidated into TEvUsnwXvprdvB7eNGiqh6rDiMqFiC8TBU and TVxzjnx3GPDTciiuagXPaUbU5f5y13Voux. Both consolidation addresses are linked to previously identified DPRK-affiliated addresses.
Microsoft Teams Up With Multiple Parties to Dismantle Phishing Network Accepting USDT Payments, Involving Over 75,000 Organizations
According to CryptoSlate, Microsoft and the cybersecurity organization Health-ISAC have obtained a U.S. court order to seize and redirect the domains supporting three services: YAM Store, CoGUI, and Iron Man. These three services sell stolen accounts and phishing tools to fraudsters. Since January this year, they have assisted in sending over 1 billion phishing messages, targeting more than 75,000 institutions across over 150 countries, generating tens of millions of dollars in revenue for operators. Microsoft has disabled more than 20,000 accounts associated with YAM Store and continues to block over 100,000 spoofing and fraudulent domains. According to Microsoft's investigation, these services accept payments in USDT (Tron network) and ETH, with Cloudflare noting that buyers can also pay using USDC. Blockchain analytics firm TRM Labs assisted investigators in locating and freezing related assets, though the frozen amount was not disclosed.
PeckShield: CryptoBillis Ledger Drainer Transferred Approximately $3.89 Million in Crypto Assets to Binance Within Two Days
According to monitoring by on-chain analyst PeckShield (@PeckShieldAlert), CryptoBillis Ledger Drainer, which previously stole over $90 million in crypto assets, transferred approximately $3.89 million in crypto assets to Binance deposit addresses via the Tron network over the past two days, including 3.685 million USDT and 615,000 TRX (approximately $204,000).
Blockchain.com officially launches crypto options trading, initially supporting 7 assets including BTC and HYPE.
According to PRNewswire, Blockchain.com has officially launched its options trading feature, which initially supports seven assets including Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Hyperliquid (HYPE), Avalanche (AVAX), XRP, and TRON (TRX). Users can purchase Call or Put options and select expiration dates and strike prices.
Microsoft Teams Up With Multiple Parties to Dismantle Phishing Network Accepting USDT Payments, Involving Over 75,000 Organizations
According to CryptoSlate, Microsoft and the cybersecurity organization Health-ISAC have obtained a U.S. court order to seize and redirect the domains supporting three services: YAM Store, CoGUI, and Iron Man. These three services sell stolen accounts and phishing tools to fraudsters. Since January this year, they have assisted in sending over 1 billion phishing messages, targeting more than 75,000 institutions across over 150 countries, generating tens of millions of dollars in revenue for operators. Microsoft has disabled more than 20,000 accounts associated with YAM Store and continues to block over 100,000 spoofing and fraudulent domains. According to Microsoft's investigation, these services accept payments in USDT (Tron network) and ETH, with Cloudflare noting that buyers can also pay using USDC. Blockchain analytics firm TRM Labs assisted investigators in locating and freezing related assets, though the frozen amount was not disclosed.
GasFree Users Exceed 500,000: TRC-20 Token Transfers Made More Convenient Without Holding TRX
GasFree has announced that its user base has reached 500,871, cumulatively supporting over 500,000 transfers. Powered by GasFree, users can pay transaction fees directly with USDT without needing to hold TRX as gas; this capability has been extended to USDD, and Binance Web3 Wallet also supports GasFree-powered TRC-20 token transfers. No need to prepare extra TRX or worry about gas fees—GasFree is making on-chain transfers more streamlined and seamless.
Polygon Integrates Tron into Open Money Stack to Support One-Stop USDT Swaps
Polygon Labs has integrated the TRON network into the Open Money Stack, allowing businesses to directly convert traditional payment methods into USDT on TRON via a single interface, significantly reducing technical integration costs.
The Tether-backed UTExo initiative will launch USDT on the Bitcoin network this month, supporting private transfers and direct BTC exchanges.
According to CoinDesk, Utexo, an infrastructure project supported by Tether, plans to issue USDT on the Bitcoin network this month. Utexo has obtained a commercial license to issue USDT on Bitcoin and plans to provide corresponding APIs, SDKs, and cloud infrastructure for exchanges, wallets, and payment service providers. Based on the RGB protocol and the Bitcoin UTXO model, Utexo will keep most transaction data off-chain, with a focus on supporting three types of applications: private USDT transfers, direct swaps between native BTC and USDT, and borrowing using native BTC as collateral without wrapping BTC to other blockchains. USDT was first issued on the Bitcoin network via the Omni protocol in 2014, after which Ethereum and Tron gradually became its primary circulating networks. Following the issuance of USDT on the Bitcoin mainnet, Utexo also plans to further expand to the Lightning Network.
Xie Jiayin: Attack paths and methods have been precisely identified, and the stolen funds will be fully covered by the user protection fund.
Xie Jiayin, Head of Greater China at Bitget, announced the latest updates on the security incident, stating that the security team has accurately identified the hackers' attack vectors and methodologies, and obtained details on how the attackers bypassed security protocols. Tracing the attack back to its source is now highly imminent. Third-party security firms Mandiant and SlowMist are continuing their incident investigation and will release a detailed report subsequently. On-chain tracking confirms that approximately $387.5 million in assets were transferred to attacker addresses, an upward revision from the previously estimated $351.6 million. This adjustment simply incorporates ZEC and TRX into the total and does not indicate any new assets were stolen. No other unauthorized transfers have been detected. Bitget stated that all stolen funds at the platform level will be fully covered by the User Protection Fund, ensuring user assets remain unaffected. Bitget has also officially launched its Fund Recovery Bounty Program. Individuals or entities that voluntarily freeze or proactively retrieve attacker funds will be eligible for a 5% bounty, with prior assistance remaining eligible. The platform has published the attacker's addresses, a real-time fund tracking dashboard, and an information submission portal, and pledged to announce withdrawal times by 12:00 PM on September 26.
Related news
USDT0: The cross-chain transfer service between Ethereum and Tron has been restored.
USDT0 official announced that transfer services between Ethereum and TRON have now resumed. The prior suspension of related services was implemented as a precautionary measure to prevent the transfer of stolen funds. USDT0 thanked users for their patience, noting that its infrastructure remains unaffected and continues to operate securely.
Binance Suspected of Being Hacked for at Least $5.57 Billion Across Three Public Blockchains
According to on-chain statistics cited by Decrypt, at least $5.57 billion in assets have been transferred from wallets associated with Binance, involving Ethereum, Bitcoin, and TRON; if confirmed as a hack, it would become the largest cryptocurrency heist in history. Binance stated that it is still investigating.
Binance-labeled wallets saw over $5.6 billion in outflows amid suspected attack
Odaily reports: On-chain monitoring shows that the total assets flowing out of Binance-labeled wallets amounted to approximately $5.643 billion. The breakdown includes: $3.528 billion on Ethereum, $1.449 billion on Bitcoin, $628 million on Tron, and $38 million combined across Arbitrum, Optimism, and Base networks. The tally excludes change outputs and avoids double-counting subsequent transfers and swaps. Tether and USDC issuer Circle have frozen at least $2.316 billion in stablecoins, including approximately $1.493 billion in USDT and $823 million in USDC.
Binance will reduce the maximum leverage to 5x for multiple isolated margin trading pairs starting November 10.
Binance announced that starting November 10, 2026 at 16:00 (UTC+8), it will reduce the maximum leverage multiplier for 23 isolated leverage trading pairs from 10x to 5x, involving assets such as ATOM, AVAX, BCH, DOT, HYPE, LTC, SUI, TRX, and ZEC. Following the adjustment, the margin and liquidation risk parameters for the relevant trading pairs will be updated accordingly. Binance reminds users to monitor their positions, deposit additional assets into their isolated leverage accounts or repay debts in advance to mitigate the risk of forced liquidation.
Total holdings exceed 720.5 million, Tron Inc. purchases another 151,000 TRX
Odaily reports, according to Onchain Lens monitoring, Tron Inc. (Nasdaq: TRON) purchased 150,997 TRX at an average price of $0.3311, worth approximately $50,000. Following this purchase, Tron Inc.'s total reserve holdings exceed 720.5 million TRX.
ZachXBT: Institution Allegedly Had Approximately $2.84 Million Stolen by North Korea-Linked Group SquidSquad
According to on-chain investigator ZachXBT (@zachxbt), an institutional entity was reportedly targeted by a DPRK-linked group, SquidSquad, on BSC on October 8, with approximately $2.84 million stolen. On October 20, the attacker deposited 1111.2 ETH into Tornado Cash and withdrew the funds to three addresses: 0xb8b25f535a6e51d0b18c48941d791c7e83559d2b, 0x35c72e26f6888b4cba8668c6cfa4143599680bfe, and 0x8e4a232ac8a05d1f4cfe4458a96a581ceeb7e848. Subsequently, the funds were bridged cross-chain via USDT0 from Ethereum to Tron and consolidated into TEvUsnwXvprdvB7eNGiqh6rDiMqFiC8TBU and TVxzjnx3GPDTciiuagXPaUbU5f5y13Voux. Both consolidation addresses are linked to previously identified DPRK-affiliated addresses.