TRON’s algorithmic stablecoin USDD de-pegging got no respite despite withdrawals from Huobi slowed down on the weekend, Nansen data showed. The crypto exchange was in the limelight following the revelation of cutting down its workforce by 20%. As reported by TronWeekly, Justin Sun, the founder of TRON and a Huobi adviser, finally acknowledged Huobi layoffs […]
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TRON Founder Attempts To Calm Nerves As USDD Drops Below $1
TRON founder Justin Sun has announced infusing more capital as the stablecoin project USDD is spiraling out of control. The tweet also came with a link showing a wallet addressed to him that transferred nearly $1 million worth of TUSD. Sun also asserted that USDD is 200% overly collateralized by numerous popular digital assets. The price of the TRON USDD algorithmic stablecoin has dropped […]
TRON Founder Backed Poloniex Could Be Merging With Huobi; Details
TRON founder Justin Sun’s backed Poloniex exchange would merge with the recently acquired Huobi exchange as personnel from both parties have already begun to integrate. The trading platform has been reportedly bought by Sun from Circle in 2019, WuBlockchain disclosed citing anonymous sources. The latest collaboration might be a part of an expansion drive carefully […]
Tron’s Justin Sun Applies to Contribute to Binance Recovery Fund
Justin Sun, the billionaire founder of Tron DAO and a blockchain operator, has submitted an application to contribute money to Binance’s industry recovery fund. On November 14, CZ made the first mention of the industry recovery fund. The CEO of Binance also said that more information will be released soon. Binance provided the information as […]
TRON Founder Is Keeping “All Options” Open With FTX
Justin Sun, founder of the TRON blockchain revealed that he is open to “any kind of deal” and “all options” are on the table with regard to the fallout of the once-dominant FTX led by Sam Bankman-Fried. In an interview, Sun stated that representatives from Tron and the Huobi exchange are examining the platform’s assets […]
TRON Founder Pushes Nayib Bukele’s Plan To Buy Bitcoin Daily
Founder of TRON blockchain Justin Sun echoed El Salvador President Nayib Buklele’s plan to purchase Bitcoin every day. The developments would infuse hope into the crypto industry, which has been plagued by the FUD bug. Many prominent figures, like DOGE supporter Elon Musk, former whistleblower turned crypto advocate Edward Snowden, and trading analysts like Stockmoney Lizards, […]
Essential Things Others May Not Tell You about the Best TRON Casinos
Cryptocurrencies were introduced with the logic of making payments quicker and much easier. Their advent has significantly impacted many industries, shareholders, investors, and consumers. Gambling is one of the leading industries reaping big from technology, and its future is bright. One crypto that has stood out since its establishment is TRON (TRX). It’s remarkable as […]
Tron continues its rodeo as market excitedly calls for new updates
Over the past couple of days, the cryptocurrency market has seen a divisive shift in the sentiments with a lot of users jumping on the digital asset bandwagon. It is not just Bitcoin that was on a bull tear as altcoins such as Ethereum, XRP and Tron also enjoyed their time in the sun. Justin […]