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Tron’s Justin Sun Reveals Decentralized Algorithmic Stablecoin USDD
21.4.2022
On April 21, Justin Sun, the founder of Tron, announced the launch of a decentralized algorithmic stablecoin called USDD. Sun said on Thursday that the USDD Network will “provide custody service for the $10 [billion] worth of highly liquid assets raised from blockchain industry initiators...
Biggest Movers: XMR Climbs to 6-Month High, TRX up 17% Following News of USDD Stablecoin
21.4.2022
TRX was up by over 17% on Thursday, as founder H.E. Justin Sun announced that a new stablecoin, USDD, was going to be launched on the TRON blockchain. XMR was another big mover today, climbing to its highest point since November. TRON (TRX) TRX surged today, as founder H.E. Justin Sun of TRON...
Tron’s Justin Sun Launches ‘Most Decentralized Stablecoin,’ Bitcoin Might Get a Role Here Too
21.4.2022
Tron (TRX) founder Justin Sun is launching a new algorithmic stablecoin called USDD that he says will become “the most decentralized stablecoin in human history.”
The new stablecoin, with the full name Decentralized USD, will mark the beginning of the “Stablecoin 3.0 era,” according to a tweet...
Winning a Bid of 12 Digital Zodiac Heads Helps Justin Sun Become a Leading NFT Collector
14.4.2022
Justin Sun, born in the year of Horse (1990), is a Y-generation crypto tycoon. Recently, he made an order for another NFT work—a complete set of twelve Chinese Zodiac Heads, which was put on the Twelve Digital Zodiac Heads Special Auction hosted by Metapoly XM, a brand under Poly Auction (Xiamen)...
Justin Sun Spoke of ‘Cooperation with Russia’ After Donating Funds to Ukraine
8.3.2022
The Tron (TRX) founder, soon-to-be astronaut, and World Trade Organization (WTO) diplomat Justin Sun is “playing both sides” of the conflict between Russia and Ukraine, social media users have remarked – after Sun posted what appeared to be news of talks with a senior Russian diplomat....
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On Chinese Social Media, Justin Sun Says He Hopes to 'Strengthen Cooperation' With Russia
7.3.2022
Justin Sun Will Go to Space on Blue Origin Mission Taking 5 People With Him
24.12.2021
Justin Sun, the founder of Tron, a smart contract-enabled cryptocurrency platform, announced yesterday he would fly to space next year to fulfill one of his childhood dreams. The space trip will be done in a Blue Origin spaceship, the company owned by Jeff Bezos, founder of Amazon, which also made...
His Excellency Ambassador Justin Sun Is Going to Space in 2022
22.12.2021
“His Excellency” Justin Sun is off to space – and he’ll be representing Grenada when he’s up there.
No, Cryptonews.com isn’t making this stuff up (although we wish we were). Per a tweet from the Tron (TRX) founder, “six months ago,” he was “lucky enough to win” an auction to be part of the Jeff...
TRX Drops As Justin Sun Leaves Tron to Become an Ambassador
17.12.2021
Tron (TRX) founder Justin Sun said he was appointed as the Ambassador, Permanent Representative of Grenada to the World Trade Organization, and now he's stepping away from the day-to-day operations at the Tron Foundation.
At 11:31 UTC, TRX, ranked 23rd by market capitalization, traded at...
Etoro to Limit Cardano and Tron Services in US Due to Regulatory Concerns
26.11.2021
Etoro, an Israel-based trading platform, has taken action on its platform regarding the trading of cardano and tron. Now, U.S.-based customers will have limited functionality with these cryptocurrencies on the Etoro platform starting in December. Etoro explained in a post that these new measures...
Chinese Communist Party warn of NFT hype bubble
10.9.2021
The local news publication, acting as the party's spokesperson, warned of a major decrease in the value of NFT assets once its bubble pops
Tron Founder Justin Sun Purchases Joker Tpunk NFT for $10.5 Million
1.9.2021
Justin Sun, founder of Tron, a smart contract-enabled cryptocurrency, announced he purchased an NFT avatar for $10.5 million. The NFT, dubbed ‘Joker’ due to its appearance, is part of a Tron-native NFT series called Tpunks, that seeks to emulate the style and success of the known...
Justin Sun Jumps on NFT Bandwagon With Purchase of EtherRock
23.8.2021
The growing charm of NFT is apparent nowadays. From Hollywood celebrities to famous music composers and star soccer players, everyone finds NFT a unique and wonderful way to connect with their target market. The recent addition to this growing list is Justin Sun, the founder of Tron, who...
Justin Sun Ventures Into GameFi Projects With USD 300M TRON Arcade Fund
10.8.2021
Tron (TRX) and its partners said they have established a USD 300m fund called TRON Arcade, which will invest in and incubate GameFi projects over the next three years.
GameFi ('gaming' + 'DeFi') is described as the gamification of monetary mechanisms that make earning profits an "exciting...
Centre to Expand USDC to Ten More Blockchains; Launches on Tron
1.7.2021
Centre, the consortium behind the issuance of USD Coin (USDC), announced it will launch the popular asset on 10 more blockchains. This would expand the reach of USDC to other environments and could make it more popular as a commercial and staking currency. While Centre made the announcement only...
El Salvador Offers No Capital Gains Tax, Permanent Residence to Crypto Entrepreneurs
7.6.2021
Nayib Bukele, president of El Salvador, has weighed in the future of his country now that there is a formal proposal for making Bitcoin a legal tender, announcing complementary measures. Bukele mentioned yesterday on Twitter there would be no capital gains on Bitcoin earnings, and also highlighted...
Tether Reaches 30 Billion USDT Issued on Tron
13.5.2021
Tether, the largest stablecoin by market cap, has reached a milestone by issuing 30 billion USDT on top of the Tron blockchain. While the stablecoin is now present on several chains, including BSC (Binance Smart Chain) most of it is now on Tron due to the blockchain’s low transaction fees...
Bittorrent Creator Bram Cohen’s Crypto Project Chia Sparks Hard Drive and SSD Shortages
25.4.2021
On May 3, tokens stemming from the Chia network, a smart transaction blockchain created by the Bittorrent creator Bram Cohen, will start trading and transactions will be fully enabled. Rather than leveraging the proof-of-work consensus algorithm, Chia will utilize a model called proof-of-space...
Justin Sun: A Colorful Crypto Hawker or Surprising Business Savant?
23.4.2021
Although he is outspoken, raucous, and bombastic when it comes to his public persona, Sun’s questionable publicity stunts could be part and parcel of his strategy for catapulting Tron into the spotlight and capitalizing on crypto’s momentum. Bombastic Approach May Underpin Tron’s...
Justin Sun’s NFT Fund Adds Picasso, Warhol Art To Portfolio
2.4.2021
Andy Warhol’s 'Three Self Portraits'
Tron (TRX) founder Justin Sun is continuing his artwork shopping spree, transitioning his JUST NFT fund from digital to in real life (IRL) art in a series of purchases that added works by renowned artists such as Pablo Picasso and Andy Warhol to its collection....