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Justin Sun Endorses Donald Trump After Assassination Attempt, Citing Crypto Industry Benefits

TRON founder Justin Sun has publicly endorsed former U.S. President and current presidential candidate Donald Trump in the upcoming election, citing his potential to provide a more favorable environment for…

Continue ReadingJustin Sun Endorses Donald Trump After Assassination Attempt, Citing Crypto Industry Benefits

Justin Sun Advocates Supporting a Crypto-Friendly U.S. Presidential Candidate

TRON founder Justin Sun has made a public call to back a U.S. presidential candidate favorable to cryptocurrencies. Sun emphasizes the importance of recognizing the cryptocurrency community—including companies and protocols—as…

Continue ReadingJustin Sun Advocates Supporting a Crypto-Friendly U.S. Presidential Candidate

Tron’s Stablecoin USDD Deviates From the $1 Peg, Justin Sun Says Team Deployed More Capital

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…

Continue ReadingTron’s Stablecoin USDD Deviates From the $1 Peg, Justin Sun Says Team Deployed More Capital

Report: Hong Kong-Based Asset Management Firm Acquires Controlling Stake in Asian Crypto Exchange Huobi

Li Lin’s controlling stake in Huobi, one of Asia’s largest cryptocurrency exchanges, was recently acquired by About Capital Management for an undisclosed sum. Huobi’s acquisition by the Hong Kong-based asset…

Continue ReadingReport: Hong Kong-Based Asset Management Firm Acquires Controlling Stake in Asian Crypto Exchange Huobi

Tron’s USDD Regains Stability After Tapping an All-Time Low at $0.92

Between June 13 and June 27, or roughly two weeks, Tron’s stablecoin USDD dropped lower than the $1 parity and slipped to a low of $0.928 per unit on June…

Continue ReadingTron’s USDD Regains Stability After Tapping an All-Time Low at $0.92

Tron’s Stablecoin USDD Falls to $0.97, USDC Deployed to Defend the $1 Parity

After the Terra UST fallout and the current crypto market volatility, many eyes have been focused on the Tron-based algorithmic stablecoin USDD. On June 13, the crypto asset tron (TRX)…

Continue ReadingTron’s Stablecoin USDD Falls to $0.97, USDC Deployed to Defend the $1 Parity