—

On May 3, 2025, Justin Sun, the founder of TRON, announced a major upgrade to the TRON ecosystem. This information caused the price of TRX to soar. Within an hour after the announcement, the price of TRX increased by 7.2% from $0.122 to $0.130. Trading volume surged by 43%, with 1.2 billion TRX exchanged on major exchanges like Binance and KuCoin. Data from TronScan showed that on-chain transaction volume increased by 15%, with over 5 million transactions at 1:00 PM UTC, reflecting strong market interest.

While the TRON upgrade attracted attention, a serious incident occurred: the official Twitter account of TRON DAO was hacked. The hackers exploited this to scam and exploit user assets. Justin Sun quickly responded, contacting exchanges to freeze related assets. He emphasized the need for urgent action to prevent further exploitation. “We believe they will act quickly and responsibly,” Sun said, showing a commitment to user protection.

In addition, Sun has contacted law enforcement agencies, providing information to trace and recover the stolen assets. He urged the hackers to return the funds: “We will definitely redistribute all recovered funds to the community. There is still a chance to do the right thing.” The fund has been traced to a specific wallet address, and two transaction codes have been shared to assist the investigation.

TRON is facing a double challenge: technology development and managing the aftermath of the hack. The upgrade received positive feedback, but this security incident highlights ongoing risks in the cryptocurrency space. Sun's leadership may come under close scrutiny as the situation progresses. However, TRON's swift response demonstrates a commitment to user protection. Balancing innovation and security will be key to TRON's future.

—

Source: https://tintucbitcoin.com/nang-cap-tron-day-gia-trx-tang-vot-sau-vu-hack-twitter/

Thank you for reading this article!

Like, Comment, and Follow TinTucBitcoin to stay updated on the latest cryptocurrency market news and not miss any important information!