Justin Sun could spend $1 billion of his funds to buy assets belonging to Digital Currency Group, according to a report from Reuters on Jan. 13. Sun told the media company that he could spend that amo...
Tag: Justin
Justin Sun’s Woes Continue as USDD Depeg Sparks Huobi Concerns
As stablecoin USDD continues to trade below its peg, Justin Sun’s Huobi Global is suffering the consequences. The crypto exchange has lost 18% of its market share volume since 2020 and faces an ...
Poles Stops Short Of Committing To Justin Fields As Bears’ Quarterback
Chicago Bears head coach Matt Eberflus talks with Bears general manager Ryan Poles, right, before an … [+] NFL football game against the Minnesota Vikings, Sunday, Jan. 8, 2023, in Chicago. (AP ...
Why Justin Sun’s Stablecoin USDD Is Struggling To Maintain Its Dollar Peg
A stablecoin is a cryptocurrency that is pegged to a certain fiat currency. It provides stability for investors of crypto, making transactions easier. USDD, a stablecoin created by the founder of the ...
Justin Sun’s stablecoins are melting
Both of Justin Sun’s stablecoins, one of which Protos has previously reported on, are struggling to maintain their promised $1.00 peg. At the time of writing, USDD is hovering around $0.97, and USDJ i...
Tron’s Justin Sun is stashing a chunk of his cash in ‘boomer’ crypto asset manager
After the news broke out that Tron (TRX) founder and Chinese crypto billionaire Justin Sun has secretly become one of the top clients of crypto asset manager Valkyrie, many experts found it odd he wou...
Justin Sun announces new programs to renew public faith in Huobi
Justin Sun has announced a new set of user experience programs for Huobi Global. The programs are aimed at securing the public’s trust following a liquidity scare last week. Concerns surrounding Huob...
Justin Sun Moves $100M in Stablecoins to Huobi Amid Rush of Withdrawals
Crypto mogul and Tron founder Justin Sun today moved $100 million of his stablecoins to his crypto exchange Huobi after news dropped that it was cutting staff. According to blockchain data from Nanse...
TRON founder Justin Sun moves $100 million as Huobi reportedly lays off staff
TRON founder Justin Sun transferred stablecoins worth $100 million to crypto exchange Huobi following news that it was laying off employees. Huobi would lay off 20% of its staff, as per a report. TRON...
Justin Sun Transfer $100 Million to Huobi to Boost Confidence
Justin Sun transfers $100 million to Huobi. According to Sun the move would bolster confidence in the exchange. Huobi recorded a net outflow of $60.9 million in 24 hours following FUD. The crypto tyco...
Justin Sun Transfers $100M Stablecoins to Huobi Amid Large Withdrawals
2 hours ago | 2 mins read Exchange News The funds transferred were held in USDT and USDC. Nansen reported that the last 24 hours accounted for $60.9 million. After hearing that the crypto exchange Huo...
$200 Million Transferred From Binance to Justin Sun, What’s Happening?
Arman Shirinyan Rumor about Huobi’s implosion and strong spike in activity of Justin Sun’s wallet raise questions According to a series of recently occurred transactions, Justin Sun has re...
Crypto Analyst Mocks Justin Sun Over Falling Price of TRON
Acclaimed analyst, il Capo of Crypto teases TRON founder over crypto’s falling price. TRON’s dip linked to the challenges of Huobi after expelling Chinese users from its platform. TRON founder reassur...
$100 million in stablecoins transferred to Huobi by Justin Sun
Recently, Justin Sun, the founder of Tron, made headlines when a wallet connected to him transferred $100 million worth of stablecoins to the cryptocurrency exchange Huobi. In an article posted by Th...
Huobi Layoffs Spark Controversy and Speculation, Justin Sun Claims Everything Is Fine – Bitcoin News
The cryptocurrency exchange Huobi is laying off 20% of its employees, according to multiple reports over the past two days. However, Huobi’s advisor Justin Sun, the founder of Tron, told the South Chi...
Justin Sun Confirms Huobi Staff Layoffs As Insolvency Rumors Swell
TRON founder Justin Sun, rumored to be the shadow owner of Huobi Global, has confirmed that the crypto exchange was laying off a significant amount of its workforce. This comes amid several rumors cir...
Is Justin Sun’s Huobi Exchange in Trouble? Here’s All That’s Been Happening Recently
Huobi Global has had a rough couple of days recently. Huobi’s exchange token and trading volume have taken a hit after reports that the company is drastically reducing its workforce, forcing workers t...
Wallet associated with Justin Sun moves $100 million to Huobi
A wallet associated with Tron founder Justin Sun moved $100 million of stablecoins to crypto exchange Huobi. Two transactions took place at 11:10 a.m. UTC, moving $50 million each of USDC and USDT, as...
Tron’s Justin Sun Confirms 20% Layoff at Huobi
In a bid to weather the unprecedented turmoil in the market, Huobi is the latest company to introduce job cuts. The crypto exchange is planning to lay off about 20% of its staff, a move that was confi...
Huobi confirms 20% lay-offs as Justin Sun downplays latest FUD
Cryptocurrency exchange Huobi has confirmed planned layoffs at the company as part of the measures being taken to navigate the tough market conditions. The news comes as the native Huobi Token (HT/USD...
Justin Sun confirms 20% staff cuts at Huobi amid insolvency rumors
In a text message to Reuters, Huobi’s advisor Justin Sun confirmed that the crypto exchange plans to dismiss 20% of its employees this quarter. “The planned layoff ratio is about 20%, but it is not im...
Justin Sun’s USDD Stablecoin Could Collapse, Says Mike Alfred
Investor Mike Alfred recently stated that Justin Sun is Huobi’s shadow owner. Alfred mentioned that Justin has been sending billions of dollars worth of stablecoins around space. Alfred also warned th...
Justin Sun disputes reports of layoff discussions at Huobi
Amid a persistent business downturn and as he continues to increase his presence on Chinese social media sites following repeated bans, advisor Justin Sun has dismissed reports of significant layoffs ...
Justin Sun denies that Huobi is planning layoffs
Justin Sun has stated that the crypto exchange Huobi is not carrying out mass layoffs, according to a report from the South China Morning Post on Jan. 2. The South China Morning Post cited earlier rep...
Binance-Peg BUSD Now Available on Justin Sun’s TRON Network
Top crypto exchange Binance has recently announced that the integration of Binance-Peg BUSD on the TRON network has been successfully executed. The TRON network is currently accepting both deposits an...
Tron Price Prediction: Will Justin Sun Tron Be Able To Save USDD But At What Cost?
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Justin Sun Top Client of Valkyrie Crypto Asset Manager: Report
Justin Sun is among the youngest crypto developers and enthusiasts. Justin Sun is the Ambassador and Permanent Representative of Grenada to the WTO. Justin Sun is among one of the ri...
Justin Sun of Tron explains why he’s banking on Binance
In a recent interview, Justin Sun, the founder of Tron, talked about Binance and explained why he deposited $100 million in USDC despite recent mass withdrawals of assets. Crypto winter and $100 milli...
Justin Sun Announces Huobi Visa Card As Part Of Globalization Strategy
Tron founder Justin Sun on Thursday said crypto exchange Huobi Global has partnered with financial services giant Visa to launch the Huobi Visa Card. The goal of the partnership is to establish a more...
H&M Justin Bieber merchandise removed after criticism from pop star
Canadian singer-songwriter Justin Bieber arrives for the 64th Annual Grammy Awards at the MGM Grand Garden Arena in Las Vegas on April 3, 2022. Angela Weiss | Afp | Getty Images H&M will no longer...