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Tron Now Commands the Third-Largest TVL in Defi — Network’s Stablecoin USDD Confronted by Skepticism
30.5.2022
This week the Tron blockchain has become the third-largest network in terms of total value locked (TVL) in decentralized finance (defi) protocols. Interestingly, 48.19% of the TVL is held by the defi protocol Justlend, an application that’s similar to Anchor Protocol as it offers more than...
USDD vs UST: Is Justin Sun's New Stablecoin Just a Clone of UST?
28.5.2022
UST, a stablecoin that's supposed to maintain a price peg with the US dollar 1:1, spiraled out of control to reach as low as USD 0.10 this month. Following the momentous rise of UST in just a few months, only a few predicted its monumental crash, especially with the dominance stablecoins were...
Justin Sun Shares Opinions on the Prospects of Web3 And Decentralization
27.5.2022
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 the future holds a lot of possibilities for Web3 and Decentralization. A few statistics were...
Justin Sun Still Thinks Algorithmic Stablecoins Are a Good Idea
21.5.2022
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Tron DAO Reserve Acquires Millions in TRX, Bitcoin, and Tether to Safeguard USDD
16.5.2022
Seven days ago, Bitcoin.com News reported on the Tron DAO Reserve purchasing $38 million in tron to safeguard the network’s stablecoin USDD. Since then and since the terrausd (UST) de-pegging event, the Tron DAO Reserve has continued to purchase large quantities of digital assets to bolster...
Justin Sun Talks USDD Stablecoin in Wake of LUNA/UST Unravel
14.5.2022
The controversial crypto entrepreneur explains how an algorithmic stablecoin can still succeed while denying rumors he was behind the de-pegging of Terra’s failed UST
Tron DAO Reserve Purchases $38 Million in TRX to Safeguard the Stablecoin USDD
8.5.2022
On May 5, Tron’s algorithmic stablecoin USDD went live and so far, the fiat-pegged token has been listed on a number of decentralized finance (defi) protocols. Two days later, the Tron DAO Reserve announced it purchased 504.6 million tron (TRX) to back the algorithmic stablecoin, as...
'Revolution' Promised by Tron's Justin Sun Looks Like Clone of Terra's Algorithmic Stablecoin
4.5.2022
Tron, an Ethereum competitor blockchain, is the latest to launch an algorithmic stablecoin inspired by the success of Terra’s UST. It has lofty goals for USDD, but Tron’s lackluster track record of luring people to use its blockchain raises doubts
Tron Founder H.E. Justin Sun Announces the Launch of USDD – A Decentralized Stablecoin
22.4.2022
H.E. Justin Sun, Founder of TRON, announced today in an open letter on Twitter that an all-new stablecoin is launching on the TRON blockchain, USDD (or Decentralized USD), marking its official entry into the field of decentralized stablecoin. TRON DAO will partner with other blockchain industry...
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)...
Bitcoin 2022 Miami: Mining Gets Its Moment Under the Sun
10.4.2022
The mining industry took up plenty of space and mindshare at Bitcoin 2022 in Miami, with one participant calling it “a real deal center.”
The New Kamen Rider Black Sun Suits Look So Edgy And So Cool
22.3.2022
What better way to celebrate fifty years of Kamen Rider than with some badass new suits? This fall, Kamen Rider Black Sun hits Japan, bringing some ridiculously cool outfits, masked helmets, and sweet motorcycles with it. Read more
Price Rollercoaster, Sun’s Double-Play, Biden’s Order and 20 Crypto Jokes
12.3.2022
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Read More: Price Rollercoaster, Sun’s Double-Play, Biden’s Order and 20 Crypto Jokes
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...