Tron DAO – DIGIT INFO

Nansen 2 brings transparency, analytics to Tron ecosystem

DIGIT — Tue, 19 Nov 2024 11:00:00 +0000

Nansen and Tron team up to take advantage of each other’s strengths to bolster their services.

Tron Founder Justin Sun Wins Landmark Defamation Case Against Chinese Media Group

DIGIT — Thu, 27 Jun 2024 11:20:04 +0000

A court in China has ruled in favor of Justin Sun in his defamation lawsuit against the Chongqing Business Media Group. In its verdict, the court stated that claims of Sun’s involvement in insider trading, fraud, and money laundering were “entirely unsubstantiated.” The Chongqing Business Media Group subsequently removed all of its false content and […]

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

DIGIT — Mon, 12 Dec 2022 15:30:40 +0000

The 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 […]

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Web3 and How It Helps the Environment – Dave Uhryniak of TRON DAO Explains

DIGIT — Wed, 28 Sep 2022 17:00:14 +0000

TRON is a layer-1 blockchain utilizing a delegated proof of stake consensus mechanism. Its eco-friendly network, low fees, and easy to use developer tools have allowed it to attain a massive amount of user growth and innovative projects. Dave Uhryniak is the Director of Ecosystem Development at TRON DAO. He recently joined the Bitcoin.com News […]

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Tron’s USDD Regains Stability After Tapping an All-Time Low at $0.92

DIGIT — Tue, 05 Jul 2022 11:30:53 +0000

Between June 13 and June 27, or roughly two weeks, Tron’s stablecoin USDD dropped lower than the $1 parity and slipped to a low of $0.928 per unit on June 19. During the past seven days, USDD has managed to jump back to the $0.98 to $0.99 region while reaching $1 on July 3. Tron’s […]

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

DIGIT — Mon, 13 Jun 2022 19:30:57 +0000

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 […]

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Tron’s Justin Sun Reveals Decentralized Algorithmic Stablecoin USDD

DIGIT — Thu, 21 Apr 2022 18:30:27 +0000

On April 21, Justin Sun, the founder of Tron, announced the launch of a decentralized algorithmic stablecoin called USDD. Sun said on Thursday that the USDD Network will “provide custody service for the $10 [billion] worth of highly liquid assets raised from blockchain industry initiators and use them as an early-stage reserve.” Tron to Launch […]

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