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Tron (TRX)

SEC Amends Lawsuit Against Tron Founder, Asserting US Jurisdiction

SEC Amends Lawsuit Against Tron Founder, Asserting US JurisdictionThe United States Securities and Exchange Commission (SEC) has filed an amended lawsuit against Tron founder Justin Sun, claiming he spent a significant amount of time in the U.S., thus granting the SEC jurisdiction over him and his businesses. The SEC alleges that Sun’s extensive travel within the U.S., totaling at least 380 days between […]

2021 Bull Run Déjà Vu? Altcoin Market Gains Momentum

Hans Zimmer Composes Anthem for TRON, Coining It the ‘Web3 Generation’ Theme Song

Hans Zimmer Composes Anthem for TRON, Coining It the ‘Web3 Generation’ Theme SongAcademy award-winning composer Hans Zimmer has created an anthem for TRON, founded by the controversial entrepreneur Justin Sun, a prominent figure in the cryptocurrency space known for his brash personality. The Tron Anthem by Zimmer, dubbed the song for the “Web3 Generation,” aims to encapsulate the trials Sun has faced, amidst Sun being sued by […]

2021 Bull Run Déjà Vu? Altcoin Market Gains Momentum

Tron’s Stablecoin USDD Deviates From the $1 Peg, Justin Sun Says Team Deployed More Capital

Tron’s Stablecoin USDD Deviates From the  Peg, Justin Sun Says Team Deployed More CapitalThe Tron-based stablecoin USDD has once again dropped below the $1 parity to a low of $0.969 on Monday, Dec. 12, 2022. Amid the drop in USDD’s value, Tron founder Justin Sun tweeted that his team was “deploying more capital,” and the stablecoin’s web portal usdd.io claims the project is overcollateralized by 200.8% at the […]

2021 Bull Run Déjà Vu? Altcoin Market Gains Momentum

Value Locked in Defi Drops to Lows Not Seen Since March, Ethereum Dominates TVL by 57%

Value Locked in Defi Drops to Lows Not Seen Since March, Ethereum Dominates TVL by 57%The state of decentralized finance (defi) in terms of total value locked (TVL) has been tumultuous, to say the least, and currently the TVL in defi today is approximately $54.95 billion. The TVL has not been this low in over five months since March 29, and the most dominant defi protocol today is Makerdao, leading […]

2021 Bull Run Déjà Vu? Altcoin Market Gains Momentum

USDD Continues to Trade for Under $1 — Tron DAO Reserve Insists Stablecoin Has Not Depegged

USDD Continues to Trade for Under  —  Tron DAO Reserve Insists Stablecoin Has Not DepeggedSince June 12, 2022, the Tron-based stablecoin USDD has remained below a U.S. dollar in value. On Monday, USDD had a 24-hour trading range of around $0.943 to $0.966 per unit and the day prior on June 19, USDD saw an all-time low at $0.928 per unit. Despite being below the U.S. dollar parity, the […]

2021 Bull Run Déjà Vu? Altcoin Market Gains Momentum

Despite Overcollateralized Reserve, Tron’s USDD Stablecoin Slips to $0.974 per Token

Despite Overcollateralized Reserve, Tron’s USDD Stablecoin Slips to alt=Following the crypto market carnage on Monday, the following day crypto prices have shown some improvement. However, Tron’s stablecoin USDD has once again dropped to $0.974 per unit, indicating a small amount of instability continues to plague the fiat-pegged token. The dip to $0.97 follows Monday’s deviation from the parity and comes after the Tron […]

2021 Bull Run Déjà Vu? Altcoin Market Gains Momentum

Tron’s Stablecoin USDD Falls to $0.97, USDC Deployed to Defend the $1 Parity

Tron’s Stablecoin USDD Falls to alt=After the Terra UST fallout and the current crypto market volatility, many eyes have been focused on the Tron-based algorithmic stablecoin USDD. On June 13, the crypto asset tron (TRX) dropped significantly in value and Tron’s founder Justin Sun spoke about traders shorting the digital currency. Sun explained that the Tron DAO Reserve would deploy […]

2021 Bull Run Déjà Vu? Altcoin Market Gains Momentum

Tron Now Commands the Third-Largest TVL in Defi — Network’s Stablecoin USDD Confronted by Skepticism

Tron Now Commands the Third-Largest TVL in Defi — Network’s Stablecoin USDD Confronted by SkepticismThis week the Tron blockchain has become the third-largest network in terms of total value locked (TVL) in decentralized finance (defi) protocols. Interestingly, 48.19% of the TVL is held by the defi protocol Justlend, an application that’s similar to Anchor Protocol as it offers more than 20% APY for USDD deposits. Amid Tron’s TVL rising, […]

2021 Bull Run Déjà Vu? Altcoin Market Gains Momentum