- Tron has launched another venture, a blockchain gaming fund, ‘Tron Arcade’.
- The fund is expected to have a total investment size of over $100 million, over the next three years.
Tron (TRX), are looking to launch a blockchain-based gaming fund, which is said to be called ‘Tron Arcade’. It is noted the creation of this is to empower developers, with a total investment size said to be at a chunky $100 million, over a three period.
The founder of Tron, Justin Sun, commented on the back of the Tron Arcade launch intentions, noting it will play a crucial role in the foundation’s expansion plans. As they continue to dominate the news wires of late.
TRX/USD is seen up over 5% in the session today – Thursday, trading at $0.01570 at the time of writing. Price are recovering from the recent bearish trend. Tron is the 11th largest cryptocurrency by market cap, which is seen at $1.05 billion.
Follow us on Telegram
Stay updated of all the news
How XRP whales are preparing for Ripple win against SEC
Ripple has garnered support from several experts and influencers on crypto Twitter in its legal battle with the US financial regulator, the Securities and Exchange Commission (SEC). Messari CEO Ryan Selkis expressed his support for the payment giant in a recent tweet.
Arbitrum airdrop flops, but ARB still makes it to a commendable all-time high. Here’s what happened
The token launch for Arbitrum was quite bumpy, to say the least after users could not claim their airdrop tokens for the first one hour post-launch. The turn of events was very disappointing, given that users had been waiting for a week for the highly-advertised ARB airdrop.
Do Kwon faces fraud charges in New York, LUNA price recovers from 9% crash
Terraform Labs co-founder Do Kwon is set to face more charges in the United States in addition to the ones that already exist against him. The arrest of the former Chief Executive Officer (CEO) of Terra will finally allow the fraud proceedings to begin.
Coinbase CEO calls for action in electing pro-crypto lawmakers following SEC Wells notice
Brian Armstrong urged crypto proponents to “contact their congressman, donate to pro-crypto candidates, show up at town halls” in an effort to achieve clear rules for crypto. The CEO of United States-based cryptocurrency exchange Coinbase, has renewed calls for crypto users to “elect pro-crypto candidates.”
Bitcoin: Should you trust this BTC sell signal or wait for $34,000?
Bitcoin price shows a clear picture of its rally after it breached a long-term bullish pattern in mid-January. As the rally takes a breather, sell signs have started to emerge, which is putting investors in a confused state.