As USDD continues to perform below the $1 peg, there is talk of whether or not any risk is involved for the investors. After losing the dollar peg on June 13, Justin Sun USDD has since then fallen to ...
Tag: Sun
Mortgage giant Sun West Up to give away 5 ETH as they introduce blockchain technology during the Game on event June 25th via livestream from Vegas
Las Vegas, United States, 24th June, 2022, Chainwire Sun West CEO and Morgan’s innovator Pavan Agarwal was welcomed by Hall of Famers Terrell ‘TO’ Owens and ‘Ivan’ Pudge Rodriguez as part of the leade...
Tron Falls Sharply As Sun Scrambles To Save Stablecoin
Tron price momentum faded over the weekend, and the price has dropped by more than 40% since then. The cryptocurrency is presently having difficulty gaining traction. Tron Falls AS USDD Depegs TRX ha...
TronDao To Withdraw 2.5B TRX From Binance, Will Justin Sun Be Able To Save Tron & Protect USDD From De-Pegging
– Advertisement – TronDAO Deploys More Collateral As USDD Stablecoin Is Increasingly Pressured To De-Peg and Tron (TRX) is feeling the heat of stable coin depegging. TRON and TronDao are t...
Tron’s Stablecoin Suffers De-peg; Founder Justin Sun Claims USDD’s Collateral Has $2 billion
On Monday, USDD, a stablecoin issued by Tron network, lost its peg to the U.S dollar. USDD fell around 91 cents amid concerns among investors regarding tightening financial conditions, high inflation,...
Tron Founder Justin Sun Announces Plan To Deploy $2,000,000,000 To Defend USDD Peg As Crypto Markets Plummet
Tron (TRX) founder Justin Sun says the Tron DAO Reserve will deploy $2 billion to defend the Decentralized USD (USDD) peg. Sun recently unveiled his plan to keep TRX and stablecoin USDD from collapsin...
Why Justin Sun Reported A 500% APR To Short TRX On Binance
TRON (TRX) founder Justin Sun has come out in defense of the network stablecoin, USDD. The digital asset began deppeging from the U.S. dollar value and hinted at another catastrophic event in the cryp...
USDD Depeg Causes 16% TRX Collapse, Justin Sun Ready to Cash in $2 Billion to Fight Back
Gamza Khanzadaev Justin Sun prepares $2 billion to strke back after attack on Tron DAO Monday, June 13, has turned out to be a collapse for the entire crypto world, but for Tron DAO, things somehow go...
Justin Sun Reveals $2 Billion Injection to Save USDD Peg
Justin Sun, founder of TRON, now Permanent Representative of Grenada to the World Trade Organization (WTO), said that the TRON DAO will deploy funds to protect TRX from the funding rate of shorting it...
Can The Charm Of Justin Sun Save USDD Become UST?
What Is USDD? USDD is Over-Collateralized Decentralized Stablecoin which is issued by Tron Dao. This might seem like a fancy definition. Let’s make it simple. USDD wants to become the market leader in...
Justin Sun Moves $100,000,000 USDT To Binance! Know Why
A large sum of USDT was sent from an unidentified address to the Binance exchange. As the news spread, everyone panicked, trying to figure out who was behind the operation. Whale Alert, an expert bl...
Tron (TRX) Founder Justin Sun Unveils Plan To Secure USDD Stablecoin From Terra-Like Collapse
Tron (TRX) founder Justin Sun doesn’t want the Decentralized USD (USDD) stablecoin to become the next TerraUSD (UST). Last month, algorithmic stablecoin UST lost its peg to the US dollar and collapsed...
Justin Sun: Tron Send $100M USDT To Binance To Buy Additional Bitcoin and TRX as Reserves
– Advertisement – TRON DAO Reserve To Buy $100 Million Worth Of BTC And TRX As Reserves. TRON is arguably one of the largest blockchain networks in the industry. It was founded by Justin...
Sun Power and First Solar rally as Biden plans to waive solar tariffs
U.S. President Joe Biden is allegedly preparing to waive tariffs on solar imports from Southeast Asia for two years. The tariffs will encompass modules from Cambodia, Malaysia, Thailand, and Vietnam,...
Justin Sun Backs Over Collaterization of TRON USDD Stablecoin
4 hours ago | 2 mins read Altcoin News There was a 218 percent collateralization ratio as of Monday. TDR’s homepage displays $787 million in Bitcoin, Tether, and Tron’s TRX reserves. As TerraUSD ran i...
Scammers Fake Luna 2.0 Token Airdrop, Send Million of Tokens to Vitalik Buterin, 3AC and Justin Sun
Arman Shirinyan Scammer was trying to trick users into sending their Luna tokens to a fake airdrop address The issuer of new Terra 2.0 tokens appeared to send a new Luna 2.0 to addresses of cryptocurr...
Block, Blockstream and Tesla partner up to create eco-friendly mining farm powered by the sun
? Want to work with us? CryptoSlate is hiring for a handful of positions! Block and Blockstream are setting up a green Bitcoin (BTC) mining station in Texas, powered by Elon Musk‘s sustainable solar b...
Scammers Airdrop Millions of Fake Terra (LUNA) Tokens to Vitalik Buterin, Justin Sun, To Make It Look Real
– Advertisement – Malefactors are still making efforts to scam unsuspecting victims of their devalued LUNA tokens. With Terra investors expecting the airdrop of the new LUNA tokens in exch...
Justin Sun Shares Opinions on the Prospects of Web3 And Decentralization
In a trailer for a documentary, Justin Sun shared the details of how cryptocurrency could become an essential financial infrastructure across the globe. Justin Sun, the founder of Tron, predicted that...
Tron [TRX] has its time in the sun as Justin Sun kicks up a some excitement over USDD
At the time of writing, TRON [TRX] was the 14th biggest crypto by market cap, changing hands at $0.07722. The coin was in the green as it rallied by 4.52% in a day and rose by 9.38% in the past week e...
Tron Founder Justin Sun Announces Rewards On USDD Deposit; Promotes Lending Protocol JustLend
Justin Sun, the founder of Tron blockchain, in an announcement on Twitter, said that traders will now be able to earn rewards on the deposit of recently launched USDD, an algorithmic stablecoin create...
Justin Sun Promotes High-Yield, Terra-Inspired Stablecoin on Tron
In brief Terra’s stablecoin tokenomics led to the network’s collapse. Tron’s algorithmic stablecoin playbook looks strikingly similar. Tron blockchain creator Justin Sun announced vi...
Billionaire Sun Hongbin’s Sunac Defaults On Dollar Bond Payments
Sun Hongbin, chairman and CEO of Sunac, listens during a news conference in Hong Kong Jerome Favre/Bloomberg Sunac China Holdings, the real estate developer headed by billionaire Sun Hongbin, said it ...
‘Revolution’ Promised by Tron’s Justin Sun Looks Like Clone of Terra’s Algorithmic Stablecoin
JustLend, the biggest of the three, has $1.9 billion of deposits, but only $67 million borrowed, meaning that only 3.5% of the funds are actually used. JustStables, a DeFi system that already issues a...
APENFT Marketplace Launch Livestream with TRON Founder H.E. Justin Sun – crypto.news
Singapore, Singapore / April 25 / – H.E. Justin Sun, Founder of TRON, hosted the mainnet APENFT Marketplace launch livestream event on Friday, April 15. The Game Changer-themed event was broadcast in ...
How Will Crypto Professionals Benefit From SUN ZU Lab’s Liquid Analysis Solutions?
SUN ZU Lab identified the pain points of the investors in the chaotic crypto market of today and has come up with solutions to guide them through it. SUN ZU Lab was founded collectively by two profes...
APENFT Marketplace Launch Livestream with TRON Founder H.E. Justin Sun
Singapore, Singapore, 26th April, 2022, – H.E. Justin Sun, Founder of TRON, hosted the mainnet APENFT Marketplace Launch livestream event on Friday, April 15. The Game Changer-themed event was broadca...
Tron’s Justin Sun To Roll Out Algorithmic Stablecoin USDD
On Thursday, Justin Sun, the founder of Tron, announced that it would have its own native stablecoin dubbed USDD. However, the stablecoin won’t function as the traditional stablecoins such...
Is TRON pursuing stablecoin project, as Justin Sun announced; finally?
TRON founder Justin Sun said that TRON network will soon step in inside the stablecoin space to secure its finances On Thursday, the founder of TRON network Justin Sun announced that Tron blockchain w...
Justin Sun is set to release Tron stablecoin backed by cryptocurrencies
Justin Sun is following the steps of Terraform Labs in creating a stablecoin that will be backed by cryptocurrencies. Sun plans to release a decentralized algorithmic stablecoin dubbed USDD for the Tr...
Justin Sun to launch stablecoin called USDD on the Tron blockchain
Tron will have its own native stablecoin called USDD from May 5, Tron founder Justin Sun announced on Thursday. The stablecoin won’t operate like traditional ones do, such as Tether (USDT) and C...