search
Homeweb3.0Justin Sun Restores Ty Dolla $ign's Accidentally Burned $500K Worth of SUNDOG Tokens

According to a Lookonchain report on Oct. 8, American rapper Ty Dolla $ign accidentally burned 1.6 million SUNDOG tokens worth $500,000

Justin Sun Restores Ty Dolla $ign's Accidentally Burned 0K Worth of SUNDOG Tokens

American rapper Ty Dolla $ign accidentally burned 1.6 million SUNDOG tokens (around $500,000) after making an incorrect transfer on the Tron blockchain on Oct. 7.

According to a report by Lookonchain on Oct. 8, the tokens were meant to arrive in his Tron wallet, but due to the error, they were burned instead.

Following the loss, Ty Dolla $ign quickly took to X to express his frustration and explain what happened. Several crypto enthusiasts took to the comments to attempt to explain the occurrence.

Some suggested alternative meme coins, like Shiba Inu, to replace the loss, but none offered a solution to retrieve the burned tokens.

However, Tron founder and crypto entrepreneur Justin Sun, who is also an ambassador for SUNDOG, intervened to save the day for the rapper.

Sun restored Ty Dolla $ign’s lost tokens by sending the equivalent value to his Tron wallet. This action ultimately saved Ty Dolla $ign from his costly mistake.

The event comes days after the rapper expressed skepticism about meme coins, calling them hype-driven. However, after some banter on X, boxer Ryan Garcia encouraged him to buy SUNDOG, which the rapper did before encountering the technical setback.

Ty Dolla $ign isn’t the first public figure to suffer a loss through a blockchain mishap. In March 2024, an anonymous developer behind the Slerf memecoin accidentally burned $10 million worth of Solana (SOL) tokens due to a mis-click during a token-burning event.

Additionally, NFT collector Brandon Riley, while attempting to set up a proxy wallet in 2023, inadvertently destroyed a $129,000 CryptoPunk digital collectible.

The above is the detailed content of Justin Sun Restores Ty Dolla $ign's Accidentally Burned $500K Worth of SUNDOG Tokens. For more information, please follow other related articles on the PHP Chinese website!

Statement
The content of this article is voluntarily contributed by netizens, and the copyright belongs to the original author. This site does not assume corresponding legal responsibility. If you find any content suspected of plagiarism or infringement, please contact admin@php.cn
From $0.0000002 To $1: Why FloppyPepe (FPPE) Will Cancel 6 Zeroes Before Shiba Inu And PEPEFrom $0.0000002 To $1: Why FloppyPepe (FPPE) Will Cancel 6 Zeroes Before Shiba Inu And PEPEMay 03, 2025 am 11:24 AM

FloppyPepe (FPPE) is set to soar from $0.0000002 to $1, with experts claiming it could cancel six zeroes before Shiba Inu (SHIB) and Pepe (PEPE) make their next move.

The Ultimate List of Meme Coins Exploding in 2025: From Arctic Pablo to MubarakThe Ultimate List of Meme Coins Exploding in 2025: From Arctic Pablo to MubarakMay 03, 2025 am 11:22 AM

Every crypto cycle brings a fresh batch of outrageous, community-fueled tokens that take the market by storm, flipping wallets overnight and minting new millionaires.

Bonk Hit Orbit, Were You Onboard? Now, Arctic Pablo Coin Is Tipped as the Next Top Meme Coin of 2025Bonk Hit Orbit, Were You Onboard? Now, Arctic Pablo Coin Is Tipped as the Next Top Meme Coin of 2025May 03, 2025 am 11:20 AM

When Bonk launched as the Solana ecosystem's first meme coin, few saw it coming. Traded for fractions of a cent in its infancy, Bonk was written off by many as just another

Sonic Chain Launches on Binance Wallet Amid Early Token DropSonic Chain Launches on Binance Wallet Amid Early Token DropMay 03, 2025 am 11:18 AM

Binance Wallet has rolled out support for Sonic Chain, a rebranded version of the Fantom blockchain, marking a new chapter for the network led by DeFi pioneer Andre Cronje.

The Future of Online Gambling in Australia Is Brighter Than EverThe Future of Online Gambling in Australia Is Brighter Than EverMay 03, 2025 am 11:16 AM

The legality of sports betting in Australia is a complex topic. Online sports betting is legal and heavily regulated

TldrTldrMay 03, 2025 am 11:14 AM

Since the recent market correction, Bitcoin's long-term holders have increased their supply by approximately 254,000 BTC. This trend reflects rising confidence as large holders accumulate at higher price levels.

Bitcoin (BTC) Prepares to Enter a New Bullish Phase As Market Structure ShiftsBitcoin (BTC) Prepares to Enter a New Bullish Phase As Market Structure ShiftsMay 03, 2025 am 11:12 AM

After surging into the $97,000 level this week, Bitcoin appears to be entering a fresh bullish phase.

Fr8Tech Industries Inc. (Fr8Tech), a Nasdaq-listed logistics and technology company, has announced a bold step in its Trump token treasury strategy.Fr8Tech Industries Inc. (Fr8Tech), a Nasdaq-listed logistics and technology company, has announced a bold step in its Trump token treasury strategy.May 03, 2025 am 11:10 AM

On April 29, 2025, the company entered into a deal with an unidentified institutional partner to secure financing of up to $20 million.

Hot AI Tools

Undresser.AI Undress

Undresser.AI Undress

AI-powered app for creating realistic nude photos

AI Clothes Remover

AI Clothes Remover

Online AI tool for removing clothes from photos.

Undress AI Tool

Undress AI Tool

Undress images for free

Clothoff.io

Clothoff.io

AI clothes remover

Video Face Swap

Video Face Swap

Swap faces in any video effortlessly with our completely free AI face swap tool!

Hot Tools

Dreamweaver CS6

Dreamweaver CS6

Visual web development tools

Notepad++7.3.1

Notepad++7.3.1

Easy-to-use and free code editor

SublimeText3 Linux new version

SublimeText3 Linux new version

SublimeText3 Linux latest version

MantisBT

MantisBT

Mantis is an easy-to-deploy web-based defect tracking tool designed to aid in product defect tracking. It requires PHP, MySQL and a web server. Check out our demo and hosting services.

SublimeText3 Chinese version

SublimeText3 Chinese version

Chinese version, very easy to use