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Binance introduces FDUSD Locked Products offering a 15.9% fixed APR during a limited promotion period, enhancing user earning potential. (Read More)
Binance P2P announces a promotional campaign offering 5,000 FDUSD in rewards for eligible users who have not traded since January 2024. (Read More)
Binance launches a promotion offering 19.9% APR on FDUSD Locked Products, available from August 12 to August 22, 2024, on a first-come, first-served basis. (Read More)
Binance launches a promotion offering a share of 50,000 FDUSD to selected users who complete deposit and trading tasks during the specified period. (Read More)
Binance launches a promotion for FDUSD Simple Earn Flexible Products, offering up to 11.5% APR rewards for eligible users during the promotion period. (Read More)
Binance Margin expands trading options by adding new FDUSD pairs on Cross and Isolated Margin, enhancing user experience. (Read More)
Binance P2P announces a 15,000 FDUSD reward pool for users in the MENASA region, encouraging new and existing users to participate. (Read More)
Binance introduces the P2P Cash Trade Fiesta, offering users a chance to win a share of 7,000 FDUSD through trading and referrals. (Read More)
Binance launches Eid al-Adha challenge offering 1 BTC and 30,000 FDUSD in rewards. (Read More)
Binance introduces the Rising Stars Challenge in the MENASA regions, offering users a chance to win 1 ETH and share 11,000 FDUSD in rewards. (Read More)
Binance Pool now accepts USDC and FDUSD for cloud mining purchases. (Read More)
On the evening of April 2, 2025, the world of cryptocurrency was shaken by an explosive accusation from Justin Sun, founder of the crypto project Tron. Sun accused First Digital Trust (FDT), the issuer of the stablecoin $FDUSD, of fraud, alleging that the company had misappropriated a staggering $456 million in funds related to its [...]
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 stablecoin. In an April 4 statement on social media, Sun revealed that the bounty represents roughly 10% of the stolen funds. The development comes less than 24 […]
The post Justin Sun targets First Digital Trust with $50 million bounty over alleged embezzlement appeared first on CryptoSlate.
First Digital redeems $26 million worth of FDUSD after stablecoin depeg First Digital, a leading blockchain-based platform, recently announced the redemption of $26 million worth of FDUSD stablecoins after the stablecoin depegged from its intended value. This move comes after weeks of uncertainty in the cryptocurrency market, with many stablecoins struggling to maintain their pegged [...]
The post First Digital Successfully Recovers $26 Million After FDUSD Decoupling, Dismisses Sun Bankruptcy Allegations appeared first on Crypto Breaking News.
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 confirmed. In an April 3 post on X, Ng assured investors that the city’s crypto regulatory framework remains robust and committed to investor protection despite the recent high-profile […]
The post Hong Kong reevaluates crypto trust rules amid Justin Sun’s First Digital Trust allegations appeared first on CryptoSlate.
First Digital Trust denies insolvency claims by Justin Sun, assuring FDUSD is fully backed by US Treasury bills despite recent depeg and market concerns.
FDUSD, the Hong Kong-backed stablecoin, has surged to become the world’s fourth-largest in just one year. This rapid rise can be attributed to its regulatory backing, strategic exchange partnerships, and now, its expansion to the burgeoning Sui blockchain. Launched in 2023 under Hong Kong’s digital asset framework, FDUSD quickly gained traction. Pegged 1:1 to the […]
Binance announces a 13,000 FDUSD reward pool to incentivize Bitcoin purchases via its "Buy Crypto" feature, aligning with the Bitcoin Halving event. (Read More)
Binance Futures is set to support FDUSD as a margin asset, replacing USDP in Multi-Assets Mode, enhancing the platform's flexibility for users. (Read More)
The stablecoin sector experienced a $3.26 billion expansion within the last eight days, climbing from $140.82 billion to $144.08 billion by Sunday, March 3, 2024. During February, increases in supply were observed in four of the top five stablecoins by market cap, with FDUSD’s supply growth leading amongst the five. Stablecoin Economy Rises 2.31% in [...]
The post Stablecoin Sector Sees $3.26 Billion Growth Spurt; Tether Nears $100B Milestone, USDE Supply Swells by 374% appeared first on Crypto Breaking News.
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