Tron


Markets

'Revolution' Promised by Tron's Justin Sun Looks Like Clone of Terra's Algorithmic Stablecoin

Tron, an Ethereum competitor blockchain, is the latest to launch an algorithmic stablecoin inspired by the success of Terra’s UST. It has lofty goals for USDD, but not much else.

(Unsplash, modified by CoinDesk)

Videos

Huobi Exec on Crypto in China Following Crypto Ban

Huobi Financial Officer Lily Zhang discusses her crypto markets analysis and outlook, sharing insights into the state of digital assets in China following the country's crypto ban. Plus, the impact of rising rates on markets and reactions to Tron's Justin Sun announcing the launch of decentralized algorithmic stablecoin USDD.

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Markets

Market Wrap: Bitcoin Rise Loses Steam After Fed Comments

Tighter monetary policy has been a headwind for stocks and cryptos, but indicators remain bullish over the short term.

(Lance Nelson/Getty images)

Finance

Elon Musk Offers to Buy Twitter to Take Company Private

Tron founder Justin Sun responded by tweeting he would offer $60 a share, compared with Musk's $54.20.

GRUENHEIDE, GERMANY - AUGUST 13: Tesla CEO Elon Musk talks during a tour of the plant of the future foundry of the Tesla Gigafactory on August 13, 2021 in Grünheide near Berlin, Germany. The US company plans to build around 500,000 of the compact Model 3 and Model Y series here every year. (Photo by Patrick Pleul - Pool/Getty Images)

Layer 2

Buyer of ‘Jack Dorsey Tweet’ NFT Is Out of Prison and Under Fire From Investors

Sina Estavi says he’s trying to make it right with holders of BRG, the token that crashed after his arrest in Iran last year. Investors have their doubts.

Bridge Oracle, Estavi’s crypto project, relaunched on Binance Smart Chain after the Tron network version collapsed. (Ammodramus/Wikimedia Commons)

Policy

On Chinese Social Media, Justin Sun Says He Hopes to 'Strengthen Cooperation' With Russia

The Tron founder has been a prominent supporter of crypto fundraisers for Ukraine during Russia's invasion. But a comment posted only across his Chinese social media sent a more complicated message.

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Markets

Crypto Fund Inflows Follow Pickup in Market Sentiment

Inflows into digital-asset funds last week were 4.5 times what they were the week before.

Crypto funds saw inflows of $85 million during the seven days through Feb. 4. (CoinShares)

Tech

Tron’s Justin Sun Accused of ‘Governance Attack’ on DeFi Lender Compound

Crypto think tank GFX Labs says a prominent whale may be attempting to swing a vote in his favor.

Tron founder Justin Sun

Finance

JPMorgan Says Ethereum’s DeFi Dominance at Risk Due to ‘Sharding’ Delays

Analysts from the bank said that the scaling of the network might arrive too late.

sharding (shutterstock)

Videos

Justin Sun Reveals He Was the Secret $28M Bidder for Seat on Bezos’ Spaceship

Tron Founder Justin Sun outbid around 2,600 people and paid $28 million for one seat on Bezos’ Blue Origin rocket ship back in June. Sun could not partake due to a “scheduling conflict” but will select and pay for five additional crew members to join him on an upcoming launch in 2022.

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