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Search Results for: Tron

Will the BUSD Upon Paxos Survive?

Apart from just having a native coin, the world’s largest global exchange, the Bianance, has now come up with their very own stablecoin, known as the BUSD. Thai stablecoin is completely backed up directly with US dollars as cash.  In addition, Paxos is the major partner in development to bring

December 14, 2022 2 mins read

Tron’s Native Stablecoin USDD Depegs, Now Trading at $0.97

Early on Monday, Justin Sun said on Twitter that he had swapped over $773,000 worth of Tron’s native stablecoin USDD. Sun said that he has converted over $200,000 worth of USDC. And $570,000 worth of USDT to the stable currency USDD. Although it is supposed to be pegged to the

December 12, 2022 1 min read

U.S and Vietnam Ranks Top for High Crypto Adoptions in 2022 – Huobi Reports

The year 2022 offered great challenges for the crypto industry, suffering from a bearish trend till date. Many significant crisis affected the market  by shrinking the prices of all cryptocurrencies, especially the king coin, Bitcoin (BTC). As a result, there is a huge downfall of over $2.2 trillion in the

December 8, 2022 2 mins read

TRON Academy Announces 7 New Partners and New Activations

Geneva, Switzerland, 8th December, 2022, Chainwire   TRON DAO recently launched The TRON Academy initiative to empower young blockchain enthusiasts from top-tier universities around the world. Creators are being welcomed to take advantage of early-stage development opportunities in the TRON ecosystem. Partnerships have been developed with existing blockchain clubs, and

December 8, 2022 4 mins read

SEC Chair Gensler Responsible for FTX Fall Thrashes Congress Reps.

Speculative opinions surrounding the U.S Securities and Exchange Commission (SEC) have always been present for a long time. Though the main notion of the U.S SEC is to maintain security, and protection for assets, mainly digital currently, most of the investors, and crypto based firms are against it.  Throughout time,

December 7, 2022 2 mins read

Tether Launching New Stablecoin on Tron Ecosystem

Tether, the major blockchain-enabled platform, has announced the release of an offshore Chinese Yuan (CNH) to the Tron blockchain. Bitfinex will be the first exchange to allow the user to deposit and withdraw CNH. Which is utilizing the Tron blockchain transport layer from the platform when it launches. #Tether Launches

December 7, 2022 2 mins read

Gaming Retail GiantGameStop’ Yet Again Lays Off Staff

According to reports and social media postings from impacted workers, video game company GameStop fired off another batch of employees today in anticipation of its forthcoming results report. According to Axios, the company’s crypto wallet staff was struck especially hard. A lead software developer at GameStop, identified as “Daniel Williams.”

December 6, 2022 1 min read

Genesis on Death Scale as Creditors’ Loans Surpass $1.8B!

The aftermath of the fall of the FTX crypto exchange has been extremely catastrophic. No one ever imagined that the impact would be this huge. The aftermath acted like a chain of events one unfolding after the other, ultimately crumbling down the entire crypto industry to the grounds.  In such

December 5, 2022 2 mins read

Amidst Crypto Crash, Over 41K Companies Recorded High Crypto Holdings in Brazil

As the entire crypto industry is facing a hectic crisis, crypto adoption in Brazil is booming tremendously. In the past few months, the global crypto market crashed affecting millions of thousands of investors in the community. Surprisingly over 40,000 Brazilian companies are in the record of Federal Revenue Service for

December 5, 2022 2 mins read

Automobile Manufacturer Fiat’s Metaverse Store Launched

One of the world’s top ten vehicle manufacturers, Stellantis, has opened its first virtual metaverse shop selling the Fiat brand of automobiles. Customers now will be able to virtually test drive the New 500 La Prima by Bocelli. And feel what it’s like to be inside and outside the vehicle

December 3, 2022 2 mins read