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
$98,444.74+5.19%
Ethereum24h
$3,372.77+10.85%
Solana24h
$257.98+11.10%
BNB24h
$623.93+3.51%
XRP24h
$1.23+13.76%
Dogecoin24h
$0.3862+3.48%
Cardano24h
$0.8040+1.41%
TRON24h
$0.2003+3.11%
Avalanche24h
$36.08+8.65%
Shiba Inu24h
$0.0000+4.37%
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?
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Coinbase to delist WBTC months after Justin Sun controversy—by Protos Staff
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All bitcoin models destroyed: Stock-to-Flow, Power Law, Rainbow—by Protos Staff
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Is retail back or is MicroStrategy only pumping the price of bitcoin?—by Protos Staff
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MicroStrategy investors cheer bitcoin ‘yield’ — but few read fine print—by Protos Staff
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Bitcoin flippened silver and Saudi Aramco — are Google and Amazon next?—by Protos Staff
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Bit on that thang! Michael Saylor ‘orange pills’ the Hawk Tuah girl—by Protos Staff
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Polymarket faces US probe as Kalshi exec allegedly fuels wash-trading concerns—by Protos Staff
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Bitcoin breaks $93,000 amid rumors that Saudi, UAE, or Qatar is buying—by Protos Staff
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Crypto wants Trump to replace Jerome Powell with a pro-stimulus Fed chair—by Protos Staff
