Justin Sun’s stablecoins are melting
With no recent capital injections or incentives for short-sellers, solving problems with USDD and USDJ doesn’t seem to be a priority for Sun.
Bitcoin24h
$118,141.47+1.12%
Ethereum24h
$4,202.84+0.61%
XRP24h
$3.18-4.04%
BNB24h
$801.07-0.92%
Solana24h
$179.45-0.70%
Dogecoin24h
$0.2325-1.31%
TRON24h
$0.3391+0.64%
Cardano24h
$0.7940-1.61%
Chainlink24h
$21.84+4.76%
Hyperliquid24h
$43.18+0.42%
Justin Sun confirms 20% staff cuts at Huobi amid insolvency rumors
Rumors have been swirling about Huobi’s insolvency and employee cuts. Now, advisor Justin Sun confirms 20% of staff will be let go.
Justin Sun’s stablecoin USDD quietly loses peg amid FTX chaos
Justin Sun’s stablecoin USDD has been unable to maintain a price of $1.00 ever since FTX and Alameda went bankrupt. What’s the deal?
The crypto bromance of Binance’s CZ and Tron’s Justin Sun
Justin Sun and CZ control several Chinese crypto exchanges, and their close relationship has been mutually beneficial for years.
Justin Sun, crypto’s most shameless marketer, play-acts the hero
Justin Sun says he has a grand plan to help token holders caught up in the collapse of FTX. Unfortunately, he’s not revealed what it is.
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What does Roman Storm’s guilty verdict mean for the wider DeFi sector?—by Protos Staff
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China wants a yuan stablecoin, but why?—by Protos Staff
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Bitcoin’s transaction fees have fallen to a multi-year low—by Protos Staff
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No, China didn’t ban crypto again—by Protos Staff
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Ripple co-founder explains why most banks don’t use XRP—by Protos Staff
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Tether claims billions in profits as it grows ‘secured loans’—by Protos Staff
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Does Kraken’s fundraise value Binance above $100B?—by Protos Staff
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Exclusive: Burwick Law chief reveals vision for New York—by Protos Staff
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Could a Tether collapse destabilize the US Treasury market?—by Protos Staff
