Tron, Tether and Binance's T3 Financial Crime Unit quietly disbanded. tron logo bg Bloomberg reports the anti-crime alliance ended in late August 2026 over slow responses and poor coordination among its members Sponsored: CryptoSlots - Cryptoslots Play now! The T3 Financial Crime Unit, the partnership tied to Tron, Tether and later Binance, was disbanded in late August 2026, according to Bloomberg. The outlet reported the shutdown on November 4, 2026. That means the unit sat dormant for roughly two months before anyone outside the room noticed. The stated culprits were slow response times and poor coordination among the members, Bloomberg reports. For a group whose whole pitch was speed, that's an awkward way to go. What T3 was built to do. The T3 FCU launched in September 2024. Its founders were the Tron blockchain organization, stablecoin issuer Tether and blockchain analytics firm TRM Labs. The mission was narrow and practical. The unit set out to stop criminals from using Tether's USDT stablecoin, with a particular focus on activity running over the Tron network. The model leaned on cooperation with law enforcement agencies across borders. Over its run, the unit worked with authorities in 23 jurisdictions worldwide. Binance came aboard roughly a year in. The exchange joined the expanded T3+ program in September 2025. The numbers it posted. On paper, T3 had a decent scorecard. By mid-2025, the unit's cumulative freezes reached $250 million in tainted assets. By May 2026, that total had climbed past $450 million. In other words, it nearly doubled its haul in under a year. The frozen funds were linked to a range of serious crimes. These included hacks, terrorist financing and drug trafficking. The crypto and markets news you actually need - every morning. Daily. Free. Join 34,000+ readers across crypto, finance, and policy. Some of those freezes happened within 24 hours of a law enforcement request. In the world of cross-border financial crime, where paperwork can take weeks, that's practically warp speed. Which makes the reported reason for the breakup feel slightly ironic. A unit known for fast freezes was ultimately undone, per Bloomberg, by slow responses and members that weren't moving in sync. None of the involved companies made a public announcement about the dissolution. The silence stands out, given how loudly the partnership's milestones had been promoted along the way. Why a stablecoin crime unit existed at all. Stablecoins are designed to hold a steady dollar value. That stability makes them useful for payments and trading, and also attractive to people moving money they shouldn't be moving. Unlike Bitcoin, USDT has a central issuer. Tether can freeze tokens sitting at specific addresses, which turns the company into a potential chokepoint for illicit funds. T3 was an attempt to make that power more systematic. Rather than handling requests one by one, the partners pooled analytics, issuer controls and exchange visibility into a single coordinated effort. The concept was a public-private partnership. Companies would supply the technical levers, and governments would supply the legal authority and leads. What comes after T3. Tron has signaled it plans to pursue further efforts to curb illicit activity on blockchains. The organization has indicated that announcements of new initiatives are on the horizon. Tether, meanwhile, intends to keep working with TRM Labs. The stablecoin issuer plans to participate in TRM's Beacon Network, which focuses on sharing intelligence in real time. What this means. For law enforcement, the shutdown removes a single coordinated channel across multiple major players. Agencies that relied on T3 may now need to deal with each company separately, which could add friction to time-sensitive cases. The lack of a public announcement also raises transparency questions. Regulators and users who were told the unit existed were not told when it stopped existing. For USDT holders and traders, the practical impact is less direct. Tether retains its ability to freeze tokens, and it has said it will keep sharing intelligence through Beacon Network. The freezing tool hasn't gone anywhere, only the coalition that coordinated it. The things to watch are fairly clear. First, what Tron's promised new initiative actually looks like, and whether it includes other partners. Second, whether Beacon Network can deliver the kind of rapid freezes that T3 touted, without the coordination problems that reportedly sank it. Disclosure: This article was edited by John Chen. For more information on how Cryptobriefing create and review content, see its Editorial Policy.

Hyperliquid leads blockchain revenue as HYPE price outlook draws attention. Hyperliquid generated $1.4 million in seven-day revenue, outperforming Tron, Ethereum, and Solana in the reported ranking. Meanwhile, analyst Michael van de Poppe sees a potential HYPE recovery toward $110-$120 if Bitcoin establishes a market bottom, while a breakdown could expose the token to downside levels below $68 and near $60. Hyperliquid has topped the seven-day blockchain revenue ranking, outperforming established networks such as Tron, Ethereum, and Solana. According to Hyperliquid Daily, the trading-focused platform generated $1.4 million in revenue, more than 2.5 times Tron's total. Meanwhile, crypto analyst Michael van de Poppe sees a potentially bullish setup for the HYPE price, with a recovery toward $110-$120 possible if Bitcoin establishes a market bottom. The outlook depends on broader market conditions and whether HYPE can hold its recent lows. Table of contents. Hyperliquid outpaces major blockchains in weekly revenue. Hyperliquid ranked first among the listed blockchain networks by seven-day revenue, according to Hyperliquid Daily. The platform generated $1.4 million, compared with $553,500 for Tron. Polygon followed with $86,400, while Ethereum recorded $54,740. BNB Chain generated $54,140, and Base posted $52,650. Solana recorded $34,300 during the same period. The figures highlight Hyperliquid's ability to generate substantial revenue despite entering the market later than several established ecosystems. Its focus on decentralized perpetual futures trading distinguishes it from networks supporting payments, stablecoins, and decentralized finance. However, weekly rankings can fluctuate with market conditions and do not establish long-term revenue leadership. Hyperliquid's trading activity draws market attention. Hyperliquid's revenue performance highlights its position in decentralized derivatives trading, where users trade perpetual futures on-chain. Trading demand contributes to platform activity, making revenue a useful metric for comparing its performance with competing networks. However, revenue is not the only factor that can confirm higher demand for the token or price growth. Volume of trades, open interest, token mechanism, and other elements of liquidity can be taken into account. The activity on the platform may help build a stronger ecosystem for Hyperliquid, but the correlation between income and price is more complicated than that. HYPE price tests a key area below $75. Crypto analyst Michael van de Poppe spotted a possible positive technical formation in HYPE by drawing comparisons between HYPE's present price movement and its August move. The analyst says that HYPE has made a recovery after sweeping a low previously, and such a move is possibly underway below the $75 level. A liquidity sweep is formed when price drops to a level below a prior low with the potential for price reversal. If the HYPE price manages its current lows and witnesses buying activity, the structure may lead to a recovery move. However, the setup needs confirmation from price action that confirms reversal. Michael van de Poppe identifies HYPE price targets. However, according to Van de Poppe, if there is indeed a recovery back towards $110-$120 in the months ahead, this will be due to BTC forming a bottom in the market and HYPE repeating its past performance. This forecast is contingent on HYPE retaining its present form and positive sentiment prevailing in the market environment. The negatives of the setup include that the trader is looking at levels lower than $68, even down at $60, depending on whether the trade setup breaks down. Such levels are conditional trades and not necessarily levels of support. Data such as current spot prices and indicators like RSI/MACD could help analyze the technical picture. What comes next for HYPE? The sustainability of Bitcoin's bottom is a crucial factor for van de Poppe's views. Any improvement in the overall market conditions may have a positive effect on altcoins and help HYPE to reach higher prices. However, sustained selling pressure may undermine the token's fundamentals regardless of good results at Hyperliquid. Investors can also keep track of weekly revenue numbers to see if Hyperliquid is still leading. This will serve as another indication of demand for the platform's ecosystem, even though it will not necessarily mean increased prices for the tokens. Usman Zafar Usman Zafar is a News Desk writer at Tronweekly with over five years of experience in cryptocurrency and blockchain journalism. He covers Bitcoin, Ethereum, DeFi, crypto laws and regulation, market activity, Layer 2 scaling solutions, and blockchain-based innovations, focusing on fast-moving developments and official industry updates. Usman previously wrote for BTCread and follows strict verification and editing practices to ensure accurate, timely, and responsible crypto news for a global audience.