Bitcoin24h $111,491.84-2.08%

Ethereum24h $4,010.19-4.68%

XRP24h $2.84-2.67%

BNB24h $996.38-2.16%

Solana24h $202.77-5.83%

Dogecoin24h $0.2318-7.13%

TRON24h $0.3359-0.82%

Cardano24h $0.7947-4.01%

Chainlink24h $20.99-4.13%

Hyperliquid24h $41.56-10.31%

Justin Sun’s USDD has problems

USDD, the Justin Sun-founded stablecoin, has abandoned its DAO, rebuilt its collateral system, and has highly concentrated holdings.

If Tether has $105B in its reserves, why is it raising cash?

According to Bloomberg, Tether is in negotiations with investors to raise funds in exchange for a 3% stake in Tether Holdings SA.

Justin Sun’s role at World Liberty Financial couldn’t save him from its blacklist, where he represents 99.9% of all tokens frozen.

Despite persistent purchases and tens of billions of dollars worth of institutional ownership, MSTR is nowhere close to an all-time high.

Support from Changpeng Zhao and Binance sent ASTER soaring and had the crypto community wondering if Aster could take Hyperliquid’s crown.