Big news in the world of digital assets! FDUSD, a stablecoin gaining traction in the market, has officially announced its expansion to the Arbitrum network. This move is set to bring significant benefits to users and the broader decentralized finance (DeFi) ecosystem on Arbitrum. FDUSD Arbitrum: A Strategic Move Announced on X The announcement came […]
In the ever-turbulent world of cryptocurrency, where volatility is often the only constant, stablecoins offer a beacon of stability. Among these, FDUSD, issued by First Digital Labs, is making headlines by reinforcing its commitment to stability. The Hong Kong-based crypto custodian has released its latest attestation report, aiming to reassure users about the 1:1 backing […]
The cryptocurrency world is ablaze with accusations as Tron founder Justin Sun publicly alleges a massive embezzlement scheme at First Digital Trust (FDT), the custodian behind the FDUSD stablecoin. Sun’s explosive claims, made via X (formerly Twitter), point towards a staggering $500 million potentially siphoned off, implicating multiple conspirators and raising serious questions about the […]
In a dramatic turn of events shaking the cryptocurrency sphere, First Digital Trust (FDT), the Hong Kong-based crypto custodian and issuer of the FDUSD stablecoin, has initiated a defamation lawsuit against none other than Justin Sun, the controversial founder of TRON. This legal action comes hot on the heels of Sun’s recent public statements alleging […]
Holders of FDUSD, are you paying attention? The crypto sphere is once again buzzing with worries about the stablecoin FDUSD, and this time, the alarm bells are being rung by none other than TRON founder Justin Sun. He’s reignited the debate surrounding the financial stability of First Digital Trust (FDT), the entity behind FDUSD, throwing […]
In a shocking turn of events that has sent ripples through the cryptocurrency world, Tron founder Justin Sun has stepped forward with serious allegations. He claims a staggering $500 million has been embezzled from client reserves by First Digital Trust (FDT), the issuer of the FDUSD stablecoin. This bombshell announcement, made via a post on […]
In the fast-paced world of cryptocurrency, savvy players are always looking for opportunities to capitalize on market fluctuations. Recently, market maker Wintermute demonstrated just that by strategically leveraging the temporary depeg of the stablecoin FDUSD to secure a significant profit. Let’s dive into how Wintermute turned market volatility into a lucrative $75 million gain. Decoding […]
In the fast-paced world of cryptocurrency, even stablecoins, designed to be anchors of stability, can face turbulent times. Recently, FDUSD, a stablecoin issued by First Digital Trust (FDT), experienced a slight depegging event, sparking concerns across the crypto community. But fear not, crypto enthusiasts! FDT has stepped forward to quell any unease, reaffirming the unwavering […]
Get ready for a potentially explosive showdown in the crypto world! Tron founder Justin Sun is set to host an X Spaces event today, April 3rd, between 06:00 and 08:00 UTC. The topic? None other than First Digital Trust (FDT), the Hong Kong-based custodian and issuer of the FDUSD stablecoin. This event promises to be […]
In a dramatic turn of events in the crypto stablecoin market, First Digital Labs, the entity behind the FDUSD stablecoin, has executed a massive FDUSD burn, destroying a staggering 87 million FDUSD tokens in just 24 hours. This bold move, reported by the vigilant blockchain analysts PeckShieldAlert, has sent ripples through the cryptocurrency community, sparking […]
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