Tron
Huobi Reportedly Sees Over $60M Token Outflows in a Day
Huobi has experienced outflows of $64 million in the past 24 hours, according to Nansen. It comes after the crypto exchange confirmed a 20% headcount reduction. Tron founder Justin Sun, who sits on Huobi's advisory board, sent $100 million to the exchange, while Tron's price tumbled on the news. "The Hash" panel discusses the latest in a string of centralized exchanges hit by the collapse of FTX.
Tron's Price Sinks 8%, USDD Depegs Amid Drama at Justin Sun-Related Huobi Crypto Exchange
Community sentiment soured around Huobi, which has Tron founder Sun as an adviser, after it said it will lay off hundreds of staff in coming weeks.
TRON Founder Justin Sun Was Secret Top Client of Valkyrie
A private financial document reviewed by CoinDesk shows that Justin Sun, TRON founder and one of crypto's richest figures, was responsible for the vast majority of a key Valkyrie division’s assets under management. "The Hash" panel discuss the key takeaways.
Tron’s Justin Sun Was Secret Top Client of Crypto Asset Manager Valkyrie
A private financial document reviewed by CoinDesk shows that Sun, one of the richest figures in crypto, was responsible for the vast majority of a key Valkyrie division’s assets under management.
Justin Sun: I Want to Show Confidence in Binance
Justin Sun is aiming to calm crypto market fears, after recently depositing $100 million into Binance after recent customer outflows on the exchange. The TRON founder explains why he made this move.
TRON Founder Justin Sun on USDD Outlook
TRON founder and Huobi Global Advisor Justin Sun shares an update on USDD, Tron network's algorithmic decentralized stablecoin.
TRON Founder Justin Sun on Crypto Contagion Concerns
Crypto contagion fears are lingering, with bitcoin miner Core Scientific being the latest company to file for bankruptcy in the wake of FTX's implosion. TRON Founder, Huobi Global Advisor, and Ambassador of Grenada to the WTO Justin Sun discusses the latest chill in crypto winter, along with why he deposited $100 million in USDC into Binance. Plus, the latest on TRON network's algorithmic decentralized stablecoin USDD.
La stablecoin USDD de Tron cae por debajo de US$0,97 y alcanza el nivel más bajo desde junio
La stablecoin algorítmica descentralizada, inspirada en la ahora desaparecida UST de Terra, perdió su paridad con el dólar el mes pasado dado que el colapso de FTX perjudicó la confianza de los inversores en los activos digitales.
Tron's USDD Stablecoin Falls to Under 97 Cents, Lowest Level Since June
The algorithmic decentralized stablecoin modeled after Terra's now-defunct UST lost its dollar peg last month as the collapse of FTX dented investor confidence in digital assets.
Huobi Token Surges After Crypto Exchange Discloses Airdrop of Dominica Coin
The deal is noteworthy partly because of its connections to crypto billionaire Justin Sun, founder of the Tron blockchain where the Caribbean island's new token will initially reside.
