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...
Tag: Sun
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...
Grandson Of Hong Kong Property Giant Sun Hung Kai Cofounder Forges His Own Path As A Tech Investor
Joseph Fung knows full well that he was born with a silver spoon in his mouth. The 41-year-old is a grandson of legendary share trader Fung King Hey, one of the “Three Musketeers,” along with Lee Shau...
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...
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...
Ethereum co-founder and Tron creator Justin Sun moves $150m BUSD to Tron
Justin Sun — the creator of Tron (TRX) and one of Ethereum’s (ETH) co-founders — moved $150 million in Binance USD (BUSD) from Ethereum to Tron. On-chain data provided by Arkham Intelligence show that...
Justin Sun Withdraws $100M BUSD From Binance Exchange
CZ said that the transaction was part of the company’s plan to use cross-chain swaps. Later Justin Sun deposited $100 million USDC into Binance. On Wednesday, Justin Sun, founder of the Tron, withdrew...
Tron Founder Justin Sun Withdraws 100M BUSD From Binance, FUD Ending?
Tron founder Justin Sun on Wednesday withdrew 100 million BUSD stablecoins from crypto exchange Binance. The 100 million BUSD withdrawn was then moved to the Paxos Treasury. Binance CEO CZ on Tuesday ...
‘You can commit fraud in shorts and T-shirts in the sun,’ says SDNY attorney on SBF indictment
Damian Williams, United States Attorney for the Southern District of New York, said the investigation leading to charges against former FTX CEO Sam Bankman-Fried had been “very, very fast” but prosecu...
Tron Founder Justin Sun Took Decision on Stablecoin USDD
Big Move Earlier this week, the well-known founder of the Tron blockchain DAO ecosystem, Justin Sun, announced that he had swapped over $773,000 of Tron’s native stablecoin USDD. Tron’s (TRX) Justin ...
Justin Sun Pouring More Fundings to Keep USDD Stable
Justin Sun tweeted on Monday morning to say that he had traded USDD, the native stablecoin of Tron, for over $773,000 worth of other currency. The founder of Tron tweeted, “Deploying more capital—stea...
Justin Sun deposits $100 million to Binance amid FUD campaign
On Dec. 13, TRON founder Justin Sun tweeted that he had deposited $100 million to Binance. The accompanying transaction link confirmed 100 million USDC going to address 0xd189…eb48 at around 07:00 UTC...
Tron’s Stablecoin USDD Deviates From the $1 Peg, Justin Sun Says Team Deployed More Capital – Altcoins Bitcoin News
The Tron-based stablecoin USDD has once again dropped below the $1 parity to a low of $0.969 on Monday, Dec. 12, 2022. Amid the drop in USDD’s value, Tron founder Justin Sun tweeted that his team was ...
Crypto Market Crash; Justin Sun TRON’s Stablecoin USDD Depegs Heavily
Crypto News Today Live Updates December and Latest News: (12 December 2022) The global digital asset market continues to fall due to increased uncertainty in the market. The cumulative market cap is d...
Tron Price Price Prediction: Is Justin Sun TRX Looking To Jump To $0.1?
Justin sun is in wait with Ripple head Brad Garlinghouse to buy the bankrupt exchange FTX Tron technical indicators are currently favoring an upside move. Meanwhile TRX/BTC pair has seen a loss of 0.2...
Is Justin Sun Looking to Acquire FTX?
Tron’s executive in the Bahamas- Justin Sun Justin Sun is eyeing FTX assets on a global level. According to the Wall Street Journal, Justin Sun, Founder of Tron and Permanent Representative of Gre...
Tron Price Analysis: Is Revival Of WETH By Justin Sun Going To Help Trx?
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The crypto bromance of Binance’s CZ and Tron’s Justin Sun
Tron founder Justin Sun may have a unique relationship with Binance and its CEO Changpeng Zhao (CZ) that’s driven by Chinese money. According to The Verge, Sun is the subject of an FBI investigation r...
Wrapped Ethereum Insolvency Joke Gets Out of Control as Tron’s Justin Sun Wants to Come to Rescue
Alex Dovbnya Tron founder Justin Sun has gotten in on inside joke about insolvency of Wrapped Ethereum (wETH) Tron founder Justin Sun has picked up a new joke about Wrapped Ethereum (wETH), an ERC-20 ...
Crypto Market Tumbles As Vitalik Buterin, Justin Sun Join WETH Insolvency Joke
Tron founder Justin Sun on Monday said he and Ethereum co-founder Vitalik Buterin will invest $2 billion into the WEF to recover the funds lost as wrapped Ethereum depegs with Ethereum. However, not m...
Justin Sun v. CZ? Sun’s Poloniex Stops Using BSC-Based Stablecoins
Yuri Molchan Poloniex exchange has stopped deposits and withdrawals of stablecoins that run on BEP20, according to this report Contents Is Sun rivaling CZ of Binance? Poloniex and Huobi imminent merge...
Justin Sun says Huobi and Poloniex could merge in future: Exclusive
Crypto exchanges Huobi and Poloniex could merge in the future, Justin Sun, founder of Tron and member of Huobi’s global advisory board, told The Block. Earlier today, China-based crypto re...
Justin Sun, Tron DAO line up to contribute to Binance recovery fund: Exclusive
Blockchain operator Tron DAO and Justin Sun, its billionaire founder, have applied to contribute capital to Binance’s industry recovery fund. Binance published details of the fund yesterday afte...
Justin Sun Put Forth Three Strategies at Huobi Rebranding Launch Event
On November 22, 2022, His Excellency Justin Sun, TRON Founder, Huobi’s global advisory board member, and Ambassador Extraordinary and Plenipotentiary, Permanent Representative of Grenada to the WTO, a...
Tron (TRX) Price Stabilizes Amid Justin Sun FTX Buyout Rumors
The Tron (TRX) price shows bullish signs in the short-term, indicating a relief rally towards $0.055. However, the long-term trend is considered bearish until that area is reclaimed. The weekly time f...