MoonPay’s TRON Wallet Integration Boosts USDT Accessibility and Efficiency
MoonPay has launched a TRON-integrated wallet, simplifying the management of TRX and USDT transactions. This innovation leverages TRON's high-speed, low-cost network, which hosts over half of the $155 billion USDT supply. The MOVE aligns with growing demand for seamless stablecoin transactions and underscores TRON's dominance in the stablecoin market.
MoonPay Introduces TRON Wallet for Streamlined TRX and USDT Transactions
MoonPay has unveiled a TRON-integrated wallet, enabling users to seamlessly manage TRX and USDT within its platform. The move eliminates the need for external wallets, catering to demand for low-cost, high-speed transactions on the TRON network.
TRON's dominance in stablecoin circulation is underscored by hosting over half of the $155 billion USDT supply. Its Delegated Proof-of-Stake mechanism ensures near-zero gas fees, reinforcing its position as a leading blockchain for DeFi applications.
Trump's GENIUS Act and Ethereum Rally Spark Crypto Market Optimism
President Donald Trump's signing of the GENIUS Act has delivered unprecedented regulatory clarity for stablecoins, marking a watershed moment for cryptocurrency legitimacy. The bipartisan legislation, backed by industry heavyweights like Coinbase and Circle, establishes consumer protections while fostering mainstream adoption.
Ether capitalized on the regulatory tailwinds, surging past $3,800 to reach its highest price since January. The rally reflects growing institutional confidence as Washington embraces digital asset oversight. Market participants now evaluate strategic positions amid this new regulatory paradigm.
The Act's passage with overwhelming Congressional support (308-122 in the House, 68-30 in the Senate) creates a framework for dollar-pegged stablecoins that could reshape liquidity pools and risk assessment models across exchanges. Trump's characterization of the law as 'massive validation' underscores its potential to accelerate crypto integration into traditional finance.
Lazarus Group Suspected in $44M CoinDCX Hack, Cybersecurity Firm Reports
Indian cryptocurrency exchange CoinDCX suffered a security breach on 19 July 2025, with hackers stealing $44.2 million in USDC and USDT. CEO Sumit Gupta assured users on 22 July that the platform remains financially stable and operational, with all INR withdrawal requests processed.
Cybersecurity firm Cyvers linked the attack to North Korea's Lazarus Group, citing similarities to the 2022 WazirX hack. The heist involved seven rapid cross-chain transactions exploiting Solana-based operational wallets, executed within five minutes.
The attack pattern mirrors previous Lazarus Group operations, known for targeting crypto platforms. This incident highlights growing security challenges for exchanges as institutional adoption increases, particularly in emerging markets like India.
