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
$91,486.64+0.84%
Ethereum24h
$3,125.10+0.39%
XRP24h
$2.09+0.13%
BNB24h
$903.57-0.46%
Solana24h
$142.36+3.14%
TRON24h
$0.2983-0.25%
Dogecoin24h
$0.1383+0.33%
Cardano24h
$0.3940+1.06%
Bitcoin Cash24h
$617.40-5.53%
Monero24h
$575.87+13.14%
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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Crypto influencer Scooter explores defamation claim against Burwick Law—by Protos Staff
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Zcash core team quits over restructuring conflict, ZEC down 20%—by Protos Staff
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Strategy’s bitcoin premium vanishes as mNAV crashes to 1x—by Protos Staff
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Bitcoin Core pulls v30 downloads over bug that can scrub Satoshi-era wallets—by Protos Staff
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Ledger confirms customer data leaked in third-party Global-e breach—by Protos Staff
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2025’s biggest crypto hacks: From exchange breaches to DeFi exploits—by Protos Staff
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‘Someone’ is taking advantage of HTX’s reserves—by Protos Staff
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Jump Trading faces $4B lawsuit over Terraform Labs collapse—by Protos Staff
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Aave Labs v DAO: Who controls the money — and the brand?—by Protos Staff
