Geneva, Switzerland, July 3 2025 — TRON DAO, the community-governed DAO dedicated to accelerating the decentralization of the internet via blockchain technology and decentralized applications (dApps), proudly participated as a WAGMI Sponsor at the Ethereum Community Conference (EthCC), held from June 30 to July 3 in Cannes, France.

As Europe’s largest annual Ethereum-focused event, EthCC brought together thousands of builders, developers and innovators from across the global blockchain ecosystem. TRON DAO welcomed attendees at its dedicated booth, engaging the community with insights into its vision for an open and inclusive network and sharing exclusive branded swag.

TRON DAO started off the week as a co-host of Builder Nights Cannes on June 30 alongside MetaMask. This flagship global event series renowned for its community-first ethos—has spanned five continents and previously featured thought leaders such as Vitalik Buterin, Joe Lubin, Yat Siu, and Dan Finlay. The Cannes edition welcomed over 600 guests, featured panel discussions, thought-provoking conversations and direct engagement with top builders and leaders from across the Ethereum and wider blockchain ecosystems.

TRON DAO also co-hosted the Cannes Happy Hour with Arkham and Portofino on July 2. The gathering brought together over 150 ecosystem leaders, investors, and innovators for an evening of thoughtful exchanges and casual networking over food and drinks. Welcoming an opportunity to unwind and connect after a full day of conference sessions.

TRON DAO’s participation at EthCC followed the significant milestone of surpassing $80 billion in USDT circulating supply on the TRON network, highlighting its leadership in the stablecoin and decentralized finance (DeFi) landscape.

The week-long presence at EthCC[8] reaffirmed TRON DAO’s commitment to supporting cross-chain innovation, building community-first initiatives and cultivating relationships across diverse blockchain ecosystems.

About TRON DAO

TRON DAO is a community-governed DAO dedicated to accelerating the decentralization of the internet via blockchain technology and dApps.

Founded in September 2017 by H.E. Justin Sun, the TRON blockchain has experienced significant growth since its MainNet launch in May 2018. TRON hosts the largest circulating supply of USD Tether (USDT) stablecoin, exceeding $80 billion. As of July 2025, the TRON blockchain has recorded over 317 million in total user accounts, more than 10 billion in total transactions, and over $22 billion in total value locked (TVL), based on TRONSCAN.

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World Liberty Financial, the DeFi project backed by U.S. President Donald Trump’s family, has denied reports that it sold ether (ETH) earlier this week.

It was reported on Wednesday that a wallet closely linked to World Liberty Financial, which is tagged by blockchain data firm Arkham as potentially belonging to the project, sold $8 million worth of ether after surpassing $125 million in unrealized losses.

In a statement to CoinDesk, a World Liberty Financial spokesperson said: “The claims that World Liberty Financial has sold any of its holdings are wholly inaccurate. WLFI has not sold any positions as currently reported. Speculation to the contrary is false.”

Ether has since rebounded since that sale at $1,465, currently trading at $1,553 after the crypto markets experience a minor period of relief on Wednesday.

Donald Trump’s son, Eric, said that it was a “great time to buy” ETH in February when it traded at $2,880.

Arkham did not respond to CoinDesk’s request for comment.

The Lazarus Group, which was responsible for the recent $1.5 billion Bybit hack, now holds 13,518 BTC worth $1.13 billion, according to Arkham Intelligence.

This could make North Korea the fifth-largest nation-state to hold the asset behind the United States, China, the United Kingdom, and Ukraine, according to BitBO.

It would also make the cybercrime group’s holdings larger than those of Bhutan and El Salvador, which hold 13,029 BTC and 6,089 BTC, respectively.

Lazarus recently converted some of its stolen ETH into BTC, according to Arkham.

BREAKING NEWS: North Korea’s Lazarus group has converted the stolen $ETH to $BTC after the Bybit hack, now holding 13,562 $BTC worth around $1.12B per data from @arkham. pic.twitter.com/DdNbcKd3oT

— Jason Ai. Williams (@GoingParabolic) March 17, 2025

Lazarus The Bitcoin Whale

Arkham also reports that Lazarus-linked wallets hold 13,702 ETH worth around $26 million, 5,022 BNB worth $3 million, $2.2 million in DAI, and several stablecoins and wrapped crypto assets.

“We grind and HODL just so that a hacker group can steal over $1B in crypto. It’s time for us to take the market back,” commented crypto investor Kyle Chassé.

North Korea-linked actors have stolen over $6 billion in crypto assets since 2017, with the proceeds reportedly spent on the country’s ballistic missile program, reported Elliptic earlier this month.

On March 13, it deposited 400 ETH (ETH) worth around $750,000 at the time into the Tornado Cash mixing service, according to blockchain security firm CertiK, which stated, “The funds trace to the Lazarus group’s activity on the Bitcoin network,” it noted.

Lazarus Group has also deployed six new malware packages to infiltrate developer environments, steal credentials, extract cryptocurrency data and install backdoors, according to research from cybersecurity firm Socket released last week.

The malware dubbed “BeaverTail” is embedded in packages that mimic legitimate JavaScript libraries and targets cryptocurrency wallets, specifically Solana and Exodus.

The researchers said that “the tactics, techniques, and procedures observed in this npm attack closely align with Lazarus’s known operations.”

OKX Suspends DEX

In related news, crypto exchange OKX suspended its Web3 decentralized exchange aggregator on March 17 following the detection of “a coordinated effort by Lazarus group to misuse our DeFi services.”

Following the Bybit hack, OKX rolled out a hacker address detection system for its Web3 DEX aggregator and a system to track the attacker’s latest addresses and block them in the CEX system in real-time.

Last week, Bloomberg reported that the OKX DEX aggregator was used to launder $100 million in crypto linked to Lazarus and the hack.

Blockchain Analytics Firm Arkham Intelligence has launched a new tagging system on its platform, allowing users to track cryptocurrency transactions of influential people in the cryptocurrency space.

The feature, announced in the X post, applies to people with over 100,000 followers on the microblog platform, labeling them as “key opinion leaders” or KOLS, and linking the associated wallet addresses.

The new tag currently has 950 addresses. Among those identified are Ethereum co-founder Vitalik Buterin, Crypto Antrepreneur Justin Sun, Binance founder and former CEO Changpeng Zhao, Yomen Finance, Sonic Labs co-founder Andre Cronje, and US President Donald Trump.