A glance at the Twitter followers of Justin Sun would have you believe the TRON (TRX) founder and CEO is the most famous personality in the cryptosphere. Likewise, a quick look at the list of the most utilized decentralized applications (dApps) paints TRON as one of the most active blockchains for dApps in existence. However, a deeper look at the numbers beneath the numbers suggests the TRON...
Remember that time that Justin Sun promised a loyal Tron fan a Tesla Model 3 but wound up awarding it to someone else? It’s not fair to mention that without mentioning that Sun later did give the lucky winner his automobile but only after community pressure led him to cave in. The Sun & Tron Effect Darkens Hope Now the Tron-USDT partnership is live and well. Basically, the whole Tron network...
TRON has been recently in the spotlight for all the wrong reasons. First, we hear news of police raiding TRON’s offices in Beijing on accusations that the TRON Foundation is running a scam. Police raids at #Tron offices in Beijing? Additionally, there's many angry people gathered there who are saying things like "Tron is a scam". $trx #trx @justinsuntron pic.twitter.com/qFykQErQu6...
According to CNBC Africa’s Ran NeuNer, TRON CEO Justin Sun was forbidden to take part in the Warren Buffett lunch due to the ongoing trade tensions between China and the United States. The unnamed source claims the Chinese government found Sun’s promotion of the lunch “provocative” and suggests it won’t take place at all. The rumor, still unconfirmed, comes at a remarkably convenient time for the...
The Tron saga took another curious turn on Thursday, as Bram Cohen - the creator of BitTorrent - alleged that Justin Sun failed to make a scheduled payment stemming from his purchase of BitTorrent last year. Bram Cohen: Is Justin Sun 'Hard Up for Cash?' Writing on Twitter, Cohen - who is no longer affiliated with BitTorrent but operates another cryptocurrency project - claimed that Sun “isn’t...
By now you’ve seen Los Angeles Clippers owner team chairman Steve Ballmer get absolutely “PUMPED” at a press conference introducing Kawhi Leonard and Paul George. Ballmer’s teary-eyed, euphoric sequel to his legendary “developers, developers, developers” speech broke the internet on Wednesday, inspiring YouTube comments like “cocaine is a helluva drug,” and headlines like Deadpin’s “Steve Ballmer...
Justin Sun, who is in San Francisco, made a very strange post on Chinese social media site Weibo today. Repeatedly apologizing for his recent “over-marketing,” Sun praised China’s brand of socialism. Sun Praises Socialism and Publication That Attacked Him He also praised Caixin, a publication which he had accused of libel the previous day: “Caixin continues to uphold the public interest of social...
Bitcoin turned 10 this year, but large swaths of the crypto industry are doing their best to never, ever grow up. Yesterday, blockchain research firm Cinidcator published its inaugural “10 Most Trusted People in Crypto” list, and since this is, after all, crypto, the names on that list ranged from the head-scratching to the bizarre. And possibly even the criminal. That’s right, clocking in at...
Readers may recall that Justin Sun won a prized lunch date with investing legend Warren Buffett earlier this year, bidding a record $4.57 million at a charity auction. $TRX down 8% in minutes after Justin Sun cancels his Warren Buffet lunch. Only in crypto. — Alex Krüger (@krugermacro) July 22, 2019 Warren Buffett's Tron Summit Postponed Hoping to educate Buffett on the miracle of...
The highly anticipated crypto power lunch between Warren Buffett and Justin Sun is growing and will now include two new members who promise to enrich the conversation between the two businessmen. eToro CEO Yoni Assia is one of them, having already pushed for an invitation initially. Would love to join as well ! I believe there is huge potential for social impact that can be done via #Crypto and...
The highly-anticipated Crypto Power Lunch between billionaire bitcoin skeptic Warren Buffett and Tron CEO Justin Sun has expanded to include Circle CEO Jeremy Allaire. Sun invited Allaire to his July 25 lunch on Twitter, and Allaire cheerfully accepted. "Hi Justin, I would be honored to join you and Warren Buffett next week to discuss crypto!! Count me in. Crypto is now a major global policy...
Justin Sun and Tron had some strange news out this week regarding their potential entanglement with the Beijing police. However, on further review, it looks like the police are protecting the Tron building. Fake News or Fake Investment Scheme? Those who feel bereft by a scam run on the Tron blockchain ("Wave Field") may get some solace in the fact that Justin Sun is thinking a lot of you. His...
The price of Tron (TRX) fell as much as 9 percent on Monday after protesters furious at Justin Sun for allegedly remaining silent about a $30 million Ponzi scheme stormed the project's Beijing offices. As of the time of writing, the Tron price stood at $0.034, down more than 5 percent from its daily high. The move downward negated a majority of gains TRX made on Sunday, though it clung to a 24...
Video footage has emerged of police surrounding the office of TRON HQ in Beijing as the fallout from the recent $30 million "Wave Field" scam continues. Initial rumors suggested authorities were “raiding” TRON’s offices following allegations of TRON founder Justin Sun’s alleged culpability in the scam. However, that notion was quickly dismissed by Sun, and a TRON spokesperson claimed the police...
This article was edited by Gerelyn Terzo.
By CCN Markets: Tron CEO Justin Sun has set July 25 as the date for his $4.6 million lunch with billionaire investor Warren Buffett. And it's going to take place in Silicon Valley instead of Manhattan, as originally scheduled. Buffett is from Omaha, Nebraska, and Sun's Twitter followers had suggested the lunch be held there. Justin Sun's Bid Was Record-Setting Sun revealed on Twitter that he...
This article was edited by Gerelyn Terzo.
This article was edited by Josiah Wilmoth.
By CCN: It appears that Justin Sun's Crypto Avengers are going to be short one hero. Binance CEO Changpeng Zhao (CZ) has turned down the enthusiastic Tron creator's offer of attending his $4.5 million lunch with Bitcoin hating Warren Buffett. Bitcoin Evangelist Is Keen to Meet Warren Buffett It is undeniably a blow for Justin Sun that the CEO of the world's largest Cryptocurrency Exchange will...
By CCN: The BitTorrent cryptocurrency price tanked over 6% in Monday trading after Tron CEO Justin Sun's latest announcement stunt flopped in hilarious fashion. Tron Founder Will Pitch Crypto to Bitcoin Hater Warren Buffett It turns out Sun was the mystery bidder who won a charity lunch auction to dine with investing oracle Warren Buffett. This year is the 20th anniversary of Buffett's annual...
By CCN: In a frankly incredible turn of events, crypto hater Warren Buffett is going to have lunch with Justin Sun - not that he has any choice in the matter. The Tron founder won Buffett's GLIDE charity auction with a record $4.5 million bid. Tron Founder Pays $4.5 Million for Warren Buffett Pow-Wow To make matters worse for the billionaire who once called Bitcoin "rat poison squared," TRX's Sun...
By CCN: The tron price (TRX) skyrocketed more than 20 percent after founder Justin Sun teased that he would reveal "huge and amazing" news about the cryptocurrency on June 3. Tron CEO Pumps TRX With Twitter Tease Earlier this week, TRX founder and Tron Foundation CEO Justin Sun hinted at a "huge" development in the works. Sun claimed to be in the midst of a new project that would involve tron and...
By CCN: Earlier this week the Chief Technical Officer of TRON (TRX) announced his departure from the project. Lucien Chen, who had been with TRON since 2017, laid out a three-point explanation of why ‘TRON is no longer TRON’: But in the days following his announcement, TRON PR sprung into action. According to official TRON representatives, Lucien Chen was actually fired months ago, in January...
By CCN: The bitcoin price moves in mysterious ways. Many theories have been put forth in an attempt to explain its meteoric rise this week. From the alignment of the contents of the solar system, to the magic touch of Justin Sun, here are the five most cringeworthy. 1. The Stars Aligned. Literally. According to noted blockchain analyst and author David Gerard, the celestial bodies may be...
By CCN: It's during the tough times that you find out who your real friends are. If there was any doubt the crypto ecosystem is filled with people who respect Binance CEO Changpeng Zhao, they were erased today. If you didn't hear, Binance suffered a hack in which 7,000 BTC worth an eye-popping $40 million was stolen from the crypto exchange. In the wake of that security breach, not only did...
By CCN: Tron recently fell out of the top 10 cryptocurrencies, displaced by Charles Hoskinson’s Cardano. They both compete for the smart contract market with Ethereum. BTT: Top 30 Token in Q2? Justin Sun doesn’t believe Tron will take this lying down, and says Tron will be back in the top 10 by next month. More daring than that, however, is Sun’s prediction that BitTorrent, which did its popular...
Tron founder and CEO Justin Sun recently announced on the CryptoChick podcast that his crypto project would be officially collaborating with Ethereum. Wait, what? Justin Sun: Tron Will Collaborate with Ethereum This Year Justin Sun appeared on an episode of Rachel Wolfson’s TheCryptoChick podcast this week where he discussed the launch of the Tether stablecoin on Tron. While most of the podcast...
Someone needs to tell Justin Sun that there's no shame in unplugging. With one glimpse of his sprawling office at Tron's Beijing headquarters, it's clear that the space doubles as a high-rise apartment. A twin bed in the corner is "used extensively during tight deadlines," and Sun himself admits to being a workaholic, saying: "I will continue to work for 50 years, 50 weeks per year, 80 hours per...
Ethereum co-founder Vitalik Buterin is once again on the receiving end of Ton co-founder Justin Sun’s jibes. Early Sunday, Sun took to Twitter promising to build a monument in honor of Ethereum when TRON cryptocurrency vanquishes the second-largest coin by market cap. TRON is currently in the 11th position. In the same tweet Sun also ‘praised’ Buterin’s contribution to the blockchain sector...
It's not just crypto exchange data that's being manipulated. Tron Founder Justin Sun recently bragged about his popularity on Twitter, saying he was the "first one in [the] crypto world to break through 1 million" followers. Indeed, Sun's Twitter profile displays 1.01 million followers, which surpasses those amassed by many of his peers, including chief rival Ethereum Creator Vitalik Buterin, who...
Justin Sun recently announced a $20 million giveaway. The full details of the airdrop haven’t been released yet, but he is definitively giving away a Tesla. This reporter’s been thinking about it: if a million people sign up for a $20 million giveaway, that’s $20 each. That’s actually a decent amount of cryptocurrency for nothing at all. To celebrate #BTT & #USDT-#TRON success, I am planning...
Tesla CEO Elon Musk has yet to add bitcoin as a payment method, but for the crypto community, the door is always open. Tron CEO Justin Sun is putting his money where his mouth is, announcing a $20 million free cash airdrop that includes a Tesla for one follower. Sun wants to celebrate the resounding success of his latest baby, BitTorrent (BTT), and the addition of USDT on Tron later this year. To...
By CCN.com: Tron founder Justin Sun is out to prove that crypto is not a scam ― despite hyperbolic emotional protestations by haters that it is. To this end, Sun hired a former SEC employee to be the first compliance director for Tron, a blockchain platform for supporting smart contracts and high throughput. Sun believes that tailored regulation will promote the mainstream adoption of...
The Tron price went into free fall shortly after a former executive torched the company's BitTorrent Project. It has since staged a small comeback. As of this writing, Tron (TRX) was trading at US$0.023, down 8.9% on relatively high volume. The company has been under fire for several days. Last week, former chief strategy officer Simon Morris said there's "no way" the Tron blockchain can handle...
Simon Morris, former Chief Strategy Officer at BitTorrent, believes that TRON won't be able to manage BitTorrent's high rate of transactions. His statement comes only a few days after TRON announced that it was going to launch BitTorrent crypto tokens on Binance Launchpad. In an interview with blockchain magazine BREAKER, Morris said that the network would likely continue the tokenization process...
After a continuous flow of positive news from the TRON Foundation, the TRX coin is outpacing the rest of the top 35 currencies with 24-hour growth of over 7%. Bitcoin (BTC) is up less than 1% today. TRON has reported anything from achieving major blockchain milestones to an ever increasing number of dApps on its chain in recent weeks. What might be triggering TRON’s current rise, however, is that...
As CCN recently reported, Ripple and Stellar co-founder Jed McCaleb took time out of a recent interview to denigrate Cryptocurrency TRON. Calling it “garbage,” McCaleb has apparently set off a minor firestorm of reactions on Twitter. Said firestorm includes a reaction from TRON’s active founder, Justin Sun: BitTorrent: The OG in P2P, 1B+ users, bringing P2P to mass market. eDonkey, founded by...
The TRON Foundation and the TRON blockchain is going from strength to strength, after beginning this year’s march to success with a development team of just two engineers, TRON now has over 40. The growth of TRON’s core development team has allowed its blockchain engineers to specialize and has enabled them to stabilize the TRON blockchain. TRON’s Head of Protocol, Marcus Zhao, recently described...
TRON founder Justin Sun’s plan for blockchain domination seems to be going well. The TRON blockchain now has over 1 million user accounts and has reached over 100 million contracts recorded. The number of TRON addresses, or users, is growing by between 10,000 and 40,000 per day. According to tronscan.org TRON, user address growth now looks like this: It’s good news for TRON but Ethereum addresses...
Tron founder Justin Sun has thrown a jab at Ethereum and EOS, announcing on Twitter that the company wishes to create a fund to "rescue" dApp developers working on both platforms on the condition that they move their dApps to the Tron network. #TRON will build a fund to rescue #ETH and #EOS developers from the collapse of their platform as long as those developers migrate their dapps to #TRON...
NBA legend Kobe Bryant has been confirmed for a high profile speaking slot at niTROn 2019, the inaugural international crypto conference organised by Tron. Marketing boon for Tron? Looking forward to having @kobebryant, CEO & President of Kobe Inc and #NBA legend, at our first international conference #niTROn2019!! Excited to exchange insights on entrepreneurship! Join the event pic.twitter...
The month of October saw many altcoins continue to bleed out in price, with ethereum (ETH) and ripple (XRP) each declining by more than 10 percent. After almost ten months of mostly bearish price action in the cryptocurrency space, there was just one crypto token that managed to tread water in October -- tron (TRX). Tron's [Previously] Volatile Nature Tron's October stability comes as a bit of a...
On October 15, a trusted cryptocurrency source in China reported that the partnership Tron secured with Baidu was not really a partnership. CnLedger reported that according to local publications, Tron acquired the services of Baidu to launch, build, operate, and debug blockchain-based products on Baidu Cloud. “The 'partnership' between Baidu and Tron is basically about Tron buying cloud computing...
During an interview with Investopedia on Oct. 5, Tron CEO Justin Sun stated that its developer community is more vibrant and active than Ethereum. When asked by the publication to provide five reasons why Tron is better than Ethereum, Sun said: “At TRON we always emphasize the importance of accessibility and our dedication to the community. That’s why we made sure to deliver on our goals of being...
Vitalik Buterin's comments that the days of seeing 1000x growth in the crypto space were met with a significant amount of community backlash, no doubt much of it from those who invested heavily at the wrong time and are eager to see the market take off once again. Throughout article comment sections and Twitter threads, the Ethereum founder's lack of understanding of price movement and economics...