Why Justin Sun Reported A 500% APR To Short TRX On Binance

Why Justin Sun Reported A 500% APR To Short TRX On Binance

TRON (TRX) founder Justin Sun has come out in defense of the network stablecoin, USDD. The digital asset began deppeging from the U.S. dollar value and hinted at another catastrophic event in the crypto market, like the one experienced by Terra (LUNA) and its native stablecoin UST. Related Reading | TA: Bitcoin Dives 10%, Why BTC Could Even Break $25K At the time of writing, the value of TRON’s stablecoin has been climbing back to its 1:1 parity to the U.S. dollar. Earlier, the digital asset started trending to the downside forcing the TRON DAO Reserve, the entity responsible for....


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Pop Star Justin Bieber Buys Bored Ape NFT for $1.29 Million, Pays More Than 3...

The Canadian singer Justin Bieber has purchased a Bored Ape Yacht Club (BAYC) non-fungible token (NFT) for 500 ethereum or $1.29 million at the time of settlement. Bieber has a significant collection of NFTs and his wallet holds 340.43 ether worth $879K. Justin Bieber Spends $1.29 Million in Ethereum for BAYC #3001 Justin Bieber spent 500 ethereum worth $1.29 million at the time of settlement on a Bored Ape Yacht Club (BAYC) NFT, according to a sale stemming from the NFT marketplace Opensea. Bieber is a well known pop star with his popular seven-track EP “My World.” The 2009....

Justin Sun To Launch Gas-Free Stablecoin Transfer On Tron, Other Networks

In an exciting development, Justin Sun, founder of Tron Network, has announced plans are underway to introduce gas-free stablecoin transfers. This has drawn much reaction with many applauding Tron’s latest proposed feature, while other users criticize the late implementation of this upgrade. Related Reading: Crypto Mogul Justin Sun Offers To Buy Germany’s $2 Billion Bitcoin […]

FTX Affirms $8B Need To Avert Bankruptcy – Will Justin Sun Step In?

The cancellation of the Binance-FTX deal sent the Bitcoin and crypto markets tumbling lower yesterday. When the statement was released late Wednesday afternoon that Binance was pulling out of the tentative deal, crypto markets crashed. The Bitcoin (BTC) price fell below $16,000 for the first time since November 2020, with BTC hitting a low of […]

Tron Founder Justin Sun Purchases Joker Tpunk NFT for $10.5 Million

Justin Sun, founder of Tron, a smart contract-enabled cryptocurrency, announced he purchased an NFT avatar for $10.5 million. The NFT, dubbed ‘Joker’ due to its appearance, is part of a Tron-native NFT series called Tpunks, that seeks to emulate the style and success of the known Cryptopunks series, but on the Tron blockchain. Justin Sun Purchases NFT for $10.5 Million Justin Sun, the founder of the smart contracts-enabled Tron blockchain, announced today the purchase of an NFT avatar for $10.5 million dollars worth of tron. The NFT purchased, identified as #3442....

Get Educated On Binance Smart Chain: Decentralized Or Centralized?

Here at Bicoinist, we’re covering the Binance Smart Chain’s growth as it happens. They might be the world’s biggest cryptocurrency exchange, but we’re still in awe of what Binance built seemingly overnight. And about the contributions they’ve made to the DeFi space in such a short period of time. But, can the Binance Smart Chain […]