First Digital Trust Saga: Justin Sun To Launch $50M Bounty Program To Recover TUSD Reserves

coingape.com As the First Digital Trust saga deepens, Tron founder Justin Sun has announced plans to launch a bounty program. The outspoken founder says the bounty will seek to recover…

Justin Sun targets First Digital Trust with $50 million bounty over alleged embezzlement

cryptoslate.com TRON founder Justin Sun has announced a $50 million bounty program to expose the alleged $500 million embezzlement by First Digital Trust (FDT), the issuer of the FDUSD…

Best Meme Coins to Buy Now

cryptonews.com When the crypto market slows down, meme coins are often the first to bounce back. They tend to fall harder than big-name tokens—but when things turn bullish, they also rise…

Insights From BitMart’s CEO On Navigating Security And AI

forbes.com In an industry where longevity is rare, cryptocurrency exchange BitMart celebrates its seventh anniversary amid a landscape marked by volatility, security challenges, and…

Insights From BitMart’s CEO On Navigating Security And AI Revolution

forbes.com In an industry where longevity is rare, cryptocurrency exchange BitMart celebrates its seventh anniversary amid a landscape marked by volatility, security challenges, and…

First Digital redeems $26M after FDUSD depeg, dismisses Sun insolvency claims

cointelegraph.com has redeemed almost $26 million in stablecoin withdrawals after its FDUSD token briefly lost its US dollar peg following allegations of insolvency by Tron founder Justin…

Bitget Secures DASP License in El Salvador: What This Means for the Country’s Crypto Users

coingape.com Bitget License:- Crypto exchange Bitget has officially secured a Digital Asset Service Provider (DASP) license in El Salvador, following a green light from the country’s…

Is First Digital Trust in Crisis? Justin Sun Exposes $100M Deficit

coinpedia.org Nidhi is a Certified Digital Marketing Executive and Passionate crypto Journalist covering the world of alternative currencies. She shares the latest and trending news on…

US court fines UAE crypto firm CLS Global $428K for wash trading

cointelegraph.com Authorities in the US state of Massachusetts continue targeting unlawful cryptocurrency market practices, with a local court fining crypto financial services firm CLS…

Price Prediction for April 2025

coinpedia.org Price Prediction for April 2025 appeared first on Coinpedia Fintech News Ethereum (ETH/USD) price held a crucial support range between $1,755 and $1,800 as the United States…

Whales’ Rolling Window: Royal Flush

beincrypto.com Due to the current high interest rates and the continued high level of macro uncertainty, the role of gold and Bitcoin as “broad equivalents” and “offshore liquidity pools”…

Interview With BitMart CEO On Navigating Security And AI Revolution

forbes.com In an industry where longevity is rare, cryptocurrency exchange BitMart celebrates its seventh anniversary amid a landscape marked by volatility, security challenges, and…

10-year Treasury yield falls to 4% as DXY softens

cointelegraph.com On April 3, yields on long-term US government debt fell to their lowest levels in six months as investors reacted to growing concerns over the global trade war and the…

Best Meme Coins to Buy Today

cryptonews.com Meme coins exhibit greater volatility compared to traditional assets, often experiencing sharp declines but rebounding quickly when market sentiment shifts. Due to this…

Justin Sun’s allegations of FDUSD insolvency cause 9% depeg

blockworks.co This is a segment from the 0xResearch newsletter. To read full editions, subscribe. FDUSD, the sixth-largest stablecoin (market cap $2.5 billion), saw a significant depeg…

Justin Sun Reports $500M Embezzlement at First Digital Trust to Hong Kong Authorities

cryptonews.com Tron founder Justin Sun has once again become the center of a high-stakes financial dispute, this time accusing Hong Kong-based financial firm First Digital Trust (FDT) of…

First Digital defends FDUSD from Justin Sun’s attacks

protos.com First Digital Trust has taken to X to defend its First Digital USD (FDUSD) stablecoin against attacks from cryptocurrency entrepreneur Justin Sun. In the statement, First…

Hong Kong reevaluates crypto trust rules amid Justin Sun’s First Digital Trust allegations

cryptoslate.com Hong Kong lawmaker Johnny Ng has vowed that authorities will act quickly if fraud allegations against First Digital Trust (FDT), the issuer of the FDUSD stablecoin, are…

King, queen and the jack: Blofin predicts a defensive investment strategy in current market conditions

ambcrypto.com Due to the current high interest rates and the continued high level of macro uncertainty, the role of gold and Bitcoin as “broad equivalents” and “offshore liquidity pools”…

Justin Sun Calls For Hong Kong Trust Reforms After $456M TUSD Fund Scandal

coinpedia.org The post Justin Sun Calls For Hong Kong Trust Reforms After $456M TUSD Fund Scandal appeared first on Coinpedia Fintech News Recently, Tron founder Justin Sun stepped in…

Justin Sun Accuses First Digital Trust of $500M Misappropriation, Prompting FDUSD Depeg and TUSD Bailout

thedefiant.io Justin Sun, founder of the Tron blockchain, has accused First Digital Trust (FDT) of misappropriating $500 million in client reserve funds, leading to a significant depeg of…

Justin Sun Calls for Reform of Hong Kong's Trust Laws After TUSD Misappropriation Allegations

coindesk.com HONG KONG—It was a battle of stablecoin issuers Thursday afternoon in Hong Kong, with Justin Sun, the founder of the Tron blockchain, and First Digital Trust (FDT), a Hong…

Binance-Backed FDUSD Stablecoin Loses Dollar Peg Following Justin Sun Accusations

decrypt.co A stablecoin called First Digital USD (FDUSD) lost its dollar peg on Wednesday after Tron founder Justin Sun claimed that its issuer, First Digital Trust, is effectively…

Tron’s Justin Sun Allegedly Provided Emergency Loan to Stabilize TUSD Stablecoin

cryptopotato.com Tron founder Justin Sun quietly intervened to stabilize TrueUSD (TUSD) stablecoin after its reserves faced a significant liquidity crisis despite publicly distancing…

Galaxy Digital UK Arm Secures FCA License, Plans to Expand Derivatives Trading

cryptonews.com Michael Novogratz’s crypto investment firm Galaxy Digital has secured a regulatory license for its UK subsidiary on Wednesday. The key license from the UK’s Financial…

Justin Sun steps in amid TUSD reserve crisis as FDT denies bankruptcy claims

coinjournal.net Justin Sun funds TUSD amid a $456M reserve crisis. First Digital Trust (FDT) denies insolvency claims and calls the claims a smear campaign. FDT’s FDUSD stablecoin depeged,…

Is Worldcoin the Next AI Megatrend? ChatGPT Surge Triggers 4% Bounce

cryptonews.com The Sam Altman-backed global identity verification project Worldcoin has kept dropping in the past few days after an unexpected surge catalyzed by the inclusion of an…

Depegs After Justin Sun Alleges Firm Is ‘Insolvent’ and Not Fulfilling Redemptions

dailyhodl.com A prominent stablecoin depegged from the US dollar Wednesday morning after it was alleged that its Hong Kong-based issuer was bankrupt In a new thread on the social media…

First Digital Trust Denies Justin Sun’s Allegations, Claims Full Solvency

coingape.com Following a reserve crisis that hit TrueUSD and Justin Sun’s intervention, First Digital Trust denied claims of insolvency. The Trust, at the center of the fiasco, says it…

Tron Founder Justin Sun Provides Emergency Funding to Stabilize TUSD Amid Reserve Crisis

cryptonews.com Key Takeaways: Justin Sun’s emergency funding for TUSD shows the critical role of swift intervention in stabilizing a major stablecoin during a severe liquidity crisis.…

Can Crypto Disrupt The $7 Trillion Foreign Exchange Market? This Startup Has A Stablecoin Plan

forbes.com Fernando Martinez talks like a man who’s already seen the future. In it, SWIFT, the messaging networks thousands of banks around the world use to give instructions for…

FDUSD issuer refutes Justin Sun’s insolvency allegations, calls it a ‘smear campaign’

cryptoslate.com denied Justin Sun insolvency allegations and said its stablecoin is fully backed with US Treasury bills. Sun had made the allegation earlier in the day in a social media…

Justin Sun bailed out $500M stablecoin TUSD, report

protos.com Court filings in Hong Kong and reporting from CoinDesk have revealed that Techteryx, the firm behind TrueUSD, required a loan from Justin Sun after its reserves became stuck…

Stablecoins Associated with First Digital Trust (FDT) Temporarily Depegs as Justin Sun Warns of Company’s Insolvency

coinpedia.org The post Stablecoins Associated with First Digital Trust (FDT) Temporarily Depegs as Justin Sun Warns of Company’s Insolvency appeared first on Coinpedia Fintech News In a…

First Digital to 'Pursue Legal Action' Over Justin Sun Allegations as FDUSD Price Drops

coindesk.com FDUSD, the stablecoin issued by Hong Kong-based First Digital, has wobbled from its $1 price peg as investor concerns mounted over its reserves, though the company said…

Justin Sun Declares First Digital Trust Insolvent, FDUSD Depegs as Binance Holds $1.67B

thedefiant.io Justin Sun has announced that First Digital Trust (FDT), the Hong Kong-based issuer of the stablecoin FDUSD, is effectively insolvent and unable to fulfill client fund…

Tron Founder Justin Sun Steps In To Stabilize TUSD After $456M Reserve Crisis

coingape.com Justin Sun, the founder of Tron, stepped in to provide crucial financial support to TrueUSD (TUSD) following a $456 million reserve crisis that left the stablecoin’s…

Justin Sun urges users to exit First Digital Trust amid insolvency concerns

cryptobriefing.com Justin Sun issued a public warning earlier today, declaring that Hong Kong-based First Digital Trust (FDT) is insolvent and unable to fulfill redemptions. In a post on X,…

Bitcoin Open Interest Takes A Notable Hit, Are Traders Losing Confidence In BTC?

bitcoinist.com The beginning of this week has turned out to be bullish for Bitcoin after several weeks of robust volatility, which constrained its price below the $90,000 level. Although…

Tron's Justin Sun Bailed Out TUSD as Stablecoin's $456M Reserves Were Stuck in Limbo, Filings Show. Warns users First Digital Trust (FDT) is effectively…

coindesk.com Justin Sun bailed out Techteryx's TrueUSD stablecoin after nearly half a billion dollars of its reserves were rendered illiquid, people close to the matter confirmed, and…

Justin Sun quietly rescues TUSD after $456 million reserves become illiquid

cryptobriefing.com Tron founder Justin Sun provided emergency funding to stabilize TrueUSD after $456 million of the stablecoin’s reserves became illiquid, according to Hong Kong court…

UK Trade Bodies Seek Crypto and Blockchain Policy for Economic Growth, Project a £57 Billion Boost Over a Decade

99bitcoins.com A coalition of six prominent trade associations in the UK has urged the government to prioritise policies concerning crypto and blockchain technology in order to stay…

China on Watch After U.S. Government Embrace of Bitcoin: Grayscale

coindesk.com The Trump administration's formation of a U.S. Strategic Bitcoin Reserve might have China re-thinking its hardline stance against crypto and that could be key for…

From Hype to Trust: How Regulatory Rails Are Driving Crypto’s Institutional Era

coinpedia.org Sara is steadily working on cryptocurrency evaluations, news, and fluctuations in digital currency prices. She is guest author associated with many cryptocurrencies admin…

Amber's Nasdaq Debut Signals IPO Wave for Crypto Firms, Pantera's Veradittakit Says

coindesk.com Amber Group's (AMBR) listing on Nasdaq earlier this month paves the way for more crypto companies to take the same path, said Paul Veradittakit, a partner at Pantera…

Sony Electronics Singapore accepts USDC payments through Crypto.com

cointelegraph.com The online store of a Singapore-based subsidiary of Japanese tech behemoth Sony is now accepting USDC payments through Crypto.com. According to an April 2 announcement, Sony…

Japan Will Reclassify Crypto as Financial Products

tradingview.com Japan is taking a significant step toward reshaping its approach to cryptocurrency regulation. By 2026, the Financial Services Agency (FSA) plans to reclassify crypto assets…

Stricter Rules, Bigger Opportunities? How Japan’s Crypto Market Could Transform

financemagnates.com Japan is taking a significant step toward reshaping its approach to cryptocurrency regulation. By 2026, the Financial Services Agency (FSA) plans to reclassify crypto assets…

Tether adds 8,888 Bitcoin in Q1 as holdings exceed $8.4B

cointelegraph.com Tether, issuer of the USDT stablecoin, acquired 8,888 Bitcoin in the first quarter of 2025, according to onchain data. Onchain transaction data shows that Tether moved its…

Asian Bitcoin adoption surges as Kliff Capital funds Sora Ventures’ Bitcoin treasury model

cryptoslate.com Bangkok-based Kliff Capital has committed $3 million to Asia-focused blockchain investment firm Sora Ventures in a move aimed at scaling Bitcoin-centric corporate treasury…

Coinbase says US embrace of crypto is turning policy heads worldwide. ‘It’s a phenomenon’

dlnews.com Tom Duff Gordon has been raking in the frequent flyer miles. As Coinbase’s vice president of international policy, he’s responsible for trying to sway lawmakers from London…

OKX Appoints New Chief Legal Officer Amid Global Expansion

beincrypto.com OKX, one of the world’s leading cryptocurrency exchanges, has appointed Linda Lacewell as its new Chief Legal Officer (CLO). This decision aligns with the company’s strategy…

Crypto Investment Products See $226 Million in Inflows, Signaling Cautious Optimism

cryptopotato.com Last week, digital asset investment products attracted $226 million in inflows. CoinShares stated that the figures indicated a cautiously optimistic investor sentiment.…

Chinese People Continue Buying More Bitcoin, Despite Strict Bans

forbes.com Bitcoin was "banned" in China in 2021 - so how is it that there's still demand for Bitcoin in China these days? And how are these markets for Bitcoin affecting Bitcoin…

Bitcoin Bleeds $630M as Crypto Fund Outflows Accelerate for Second Week Straight

bitcoinist.com Crypto asset investment products faced another week of outflows last week, marking the second consecutive week of investor pullback. According to the latest weekly report…