Amid the growth of TrueUSD stablecoin, the community is puzzled by its ongoing support from Binance. Also, rumors are spread about the project's possible connections with Tron's Justin Sun. TrueUSD says the latter is not True.
A new blockchain called Sui performed token distribution on Binance’s crypto crowdfunding platform. It would probably have gone unnoticed if there had not been an incident with Justin Sun.
Tron’s Justin Sun and Cardano’s Charles Hoskinson use their projects’ communities to profit from meme-coin season in crypto. The head of Binance, Chanpeng Zhao, does not seem to mind the additional business either.
Tron’s Justin Sun and Cardano’s Charles Hoskinson use their projects’ communities to profit from meme-coin season in crypto. The head of Binance, Chanpeng Zhao, does not seem to mind the additional business either.
Amid the growth of TrueUSD stablecoin, the community is puzzled by its ongoing support from Binance. Also, rumors are spread about the project's possible connections with Tron's Justin Sun. TrueUSD says the latter is not True.
A new blockchain called Sui performed token distribution on Binance’s crypto crowdfunding platform. It would probably have gone unnoticed if there had not been an incident with Justin Sun.
The US SEC charges Justin Sun and his companies for unregistered offers and sales of TRX and BTT, market manipulation of TRX, and undisclosed compensation to celebrities for promoting TRX and BTT.
The collapse of Silicon Valley Bank (SVB) affected, among others, the USDC’s reserves and this “blue-chip” stablecoin has lost its peg to the dollar. Ironically, the only decentralized unicorn stablecoin project, MakerDAO is now in trouble due to its “reinforcing” USDC-backed component.
After the collapse of FTX, the stablecoin from Tron lost its peg to the dollar and has not yet returned to normal. On December 12, the USDD deviated strongly from the dollar, the price of the stablecoin was about 97 cents.
On October 10 FTX announced that it reached an agreement with Tron to allow the holders of Tron-based tokens to swap them from FTX to external wallets.
