✅ Ethereum 2.0 Testnet Release Goes Live
🔰 Blockchain startup Prysmatic Labs launched testnet for Ethereum 2.0 based on Casper protocol with staking support. The developers implemented the fourth version of the mainnet specifications for the beacon chain provided by Ethereum Research team.“Ethereum 2.0 is a multi-year effort to create a fully decentralized, permissionless platform for programmable cryptocurrency. It aims to be a full upgrade to the current Ethereum Proof of Work blockchain and provide a significant increase in security, scalability, and decentralization”.
💎 @CryptoLandNetwork
🔰 Blockchain startup Prysmatic Labs launched testnet for Ethereum 2.0 based on Casper protocol with staking support. The developers implemented the fourth version of the mainnet specifications for the beacon chain provided by Ethereum Research team.“Ethereum 2.0 is a multi-year effort to create a fully decentralized, permissionless platform for programmable cryptocurrency. It aims to be a full upgrade to the current Ethereum Proof of Work blockchain and provide a significant increase in security, scalability, and decentralization”.
💎 @CryptoLandNetwork
🔥 Tron’s New Sun Network Going Live This Week Promises ‘Unlimited Capacity’
▪️ Blockchain platform Tron’s founder, Justin Sun, announced that the first version of the Tron (TRX) scalability solution called “Sun Network” will be released on Aug. 10, in a tweet published on Aug. 4.
100x scalability for the Tron blockchain
In his tweet, Sun claimed that the first version of the network will allow for 100x scalability and the building of decentralized applications on sidechains.
According to the Sun Network’s official website — to which Sun’s tweet linked — the new sidechain system will feature free transactions, 100 times lower fees, decentralized application (DApp) support and faster transaction confirmation.
Furthermore, the Sun Network will also allegedly allow for longer smart contract execution times, and interchain withdrawals and deposits. According to another section of the aforementioned website:
“Sun Network is also designed to provide unlimited capacity for TRON main network to support the growing number of transactions.”
As Cointelegraph reported at the end of July, in its latest rankings, the Chinese CCID Research Institute put Bitcoin (BTC) in eleventh place on a list of 37 digital currencies in terms of technology, while placing Tron third.
In April, blockchain development company Lightning Labs announced that it released the first alpha version of its version of the Lightning Network scalability solution for the main Bitcoin (BTC) network.
💎 @CryptolandNetwork
▪️ Blockchain platform Tron’s founder, Justin Sun, announced that the first version of the Tron (TRX) scalability solution called “Sun Network” will be released on Aug. 10, in a tweet published on Aug. 4.
100x scalability for the Tron blockchain
In his tweet, Sun claimed that the first version of the network will allow for 100x scalability and the building of decentralized applications on sidechains.
According to the Sun Network’s official website — to which Sun’s tweet linked — the new sidechain system will feature free transactions, 100 times lower fees, decentralized application (DApp) support and faster transaction confirmation.
Furthermore, the Sun Network will also allegedly allow for longer smart contract execution times, and interchain withdrawals and deposits. According to another section of the aforementioned website:
“Sun Network is also designed to provide unlimited capacity for TRON main network to support the growing number of transactions.”
As Cointelegraph reported at the end of July, in its latest rankings, the Chinese CCID Research Institute put Bitcoin (BTC) in eleventh place on a list of 37 digital currencies in terms of technology, while placing Tron third.
In April, blockchain development company Lightning Labs announced that it released the first alpha version of its version of the Lightning Network scalability solution for the main Bitcoin (BTC) network.
💎 @CryptolandNetwork
🔥 Mastercard Is Building a Team to Develop Crypto, Wallet Projects
◾️Payments giant Mastercard is seeking to hire a number of blockchain professionals, including several senior roles, in an apparent effort to develop cryptocurrency and wallet products
💎 @CryptolandNetwork
◾️Payments giant Mastercard is seeking to hire a number of blockchain professionals, including several senior roles, in an apparent effort to develop cryptocurrency and wallet products
💎 @CryptolandNetwork
Forwarded from کریپتولند - سیگنال کریپتو - آموزش ارز دیجیتال
🔥 40,000 واحد ترون #TRX جایزه بمناسبت عید قربان با همکاری کمپانی ترون و کریپتولند
👈 اولین همکاری مستقیم بین ترون و یک مجموعهی ایرانی...
🔹به توییتر رسمی جاستین سان رفته، شرایط پست ریتوییت شده را دنبال کنید و یکی از برندگان خوش شانس 2,000 واحد $TRX باشید.
لینک مستقیم توییت جاستین سان👇
https://twitter.com/justinsuntron/status/1160535188595605505?s=19
💎 @CryptoLand
👈 اولین همکاری مستقیم بین ترون و یک مجموعهی ایرانی...
🔹به توییتر رسمی جاستین سان رفته، شرایط پست ریتوییت شده را دنبال کنید و یکی از برندگان خوش شانس 2,000 واحد $TRX باشید.
لینک مستقیم توییت جاستین سان👇
https://twitter.com/justinsuntron/status/1160535188595605505?s=19
💎 @CryptoLand
Tether's Reportedly Looking Into Launching Cryptos Backed by Commodities Like Gold and Oil
Michael LaVere
2 Sep 2019 / In #Business , #Stablecoins
Zhao Dong says Tether is considering stablecoins backed by bulk commodities, such as gold and crude oil.
Dong previously revealed that Tether was planning to issue a Chinese yuan-backed stablecoin.
Stablecoin developer Tether is reportedly toying with the idea of releasing coins backed by commodities, according to Bitfinex shareholder Zhao Dong.
Bulk Commodity Stablecoins
Dong, who previously revealed that Tether was planning to launch the Chinese yuan-pegged coin CNHT, has once again touted the company’s next move.
According to comments made in an interview with Bitkan, Dong says that Tether is considering issuing stablecoins backed by bulk commodities such as gold, crude oil, and rubber. While Dong is not directly affiliated with the stablecoin company, he is an investor in the cryptocurrency exchange Bitfinex which shares some overlap. Dong has also been tied to previous market rumors that proved accurate, such as the case of the yuan-pegged CNHT.
Fiat-pegged stablecoins gained prominence during the bear market of 2018, during which cryptocurrency prices crashed and exhibited high volatility. However, the market for stablecoins is quickly becoming saturated and faces the overwhelming competition of Facebook’s libra when it eventually launches.
Dong revealed that Tether is concerned about being over-extended with the USDT coin, which constitutes 80 percent of the stablecoin marketplace at a capitalization of $4 billion.
The Bitfinex investors says that Tether plans to halt new USDT issuance at $5 billion, with alternative fiat currencies such as the Chinese yuan and bulk commodities being a new direction in terms of stablecoin production.
Michael LaVere
2 Sep 2019 / In #Business , #Stablecoins
Zhao Dong says Tether is considering stablecoins backed by bulk commodities, such as gold and crude oil.
Dong previously revealed that Tether was planning to issue a Chinese yuan-backed stablecoin.
Stablecoin developer Tether is reportedly toying with the idea of releasing coins backed by commodities, according to Bitfinex shareholder Zhao Dong.
Bulk Commodity Stablecoins
Dong, who previously revealed that Tether was planning to launch the Chinese yuan-pegged coin CNHT, has once again touted the company’s next move.
According to comments made in an interview with Bitkan, Dong says that Tether is considering issuing stablecoins backed by bulk commodities such as gold, crude oil, and rubber. While Dong is not directly affiliated with the stablecoin company, he is an investor in the cryptocurrency exchange Bitfinex which shares some overlap. Dong has also been tied to previous market rumors that proved accurate, such as the case of the yuan-pegged CNHT.
Fiat-pegged stablecoins gained prominence during the bear market of 2018, during which cryptocurrency prices crashed and exhibited high volatility. However, the market for stablecoins is quickly becoming saturated and faces the overwhelming competition of Facebook’s libra when it eventually launches.
Dong revealed that Tether is concerned about being over-extended with the USDT coin, which constitutes 80 percent of the stablecoin marketplace at a capitalization of $4 billion.
The Bitfinex investors says that Tether plans to halt new USDT issuance at $5 billion, with alternative fiat currencies such as the Chinese yuan and bulk commodities being a new direction in terms of stablecoin production.
🔥 Tron’s DApp numbers continue to rise as volume of transactions surge
The Tron community rejoiced with the announcement of Justin Sun’s lunch with Warren Buffett being on track. Another positive development is that Tron DApps continued to increase as they reached 569 in total. Also, the number and volume of transactions surged over the past week, according to the latest Tron DApp report.
This boost can be attributed to a number of projects that were set in motion previously to grow Tron’s presence in the cryptocurrency market. With successive releases of BTFS, BitTorrent Live, BitTorrent Speed and the SUN Network, Tron is scheming to push the brakes on TRX’s plummeting price.
The first DApp added this week, Empower Wallet, is a decentralized wallet designed to deliver convenient and secure services. Moreover, this multi-featured wallet is designed to support a number of digital assets. Also, this wallet allows interactions between DApps that are based on different blockchains. Kinghtlands, a classic RPG game, is the next DApp introduced as the next DApp for playing games. FaceWorths is also an online social game designed for users to earn rewards, while playing. These updates were announced by the Tron Foundation over its official Twitter handle,
💎 @CryptolandNetwork
The Tron community rejoiced with the announcement of Justin Sun’s lunch with Warren Buffett being on track. Another positive development is that Tron DApps continued to increase as they reached 569 in total. Also, the number and volume of transactions surged over the past week, according to the latest Tron DApp report.
This boost can be attributed to a number of projects that were set in motion previously to grow Tron’s presence in the cryptocurrency market. With successive releases of BTFS, BitTorrent Live, BitTorrent Speed and the SUN Network, Tron is scheming to push the brakes on TRX’s plummeting price.
The first DApp added this week, Empower Wallet, is a decentralized wallet designed to deliver convenient and secure services. Moreover, this multi-featured wallet is designed to support a number of digital assets. Also, this wallet allows interactions between DApps that are based on different blockchains. Kinghtlands, a classic RPG game, is the next DApp introduced as the next DApp for playing games. FaceWorths is also an online social game designed for users to earn rewards, while playing. These updates were announced by the Tron Foundation over its official Twitter handle,
💎 @CryptolandNetwork
Good news for Cryptolandlords
New update in the Cryptoland platform:
Supporting different kinds of blockchain networks for all of cryptocurrencies in order to deposit to or withdraw from Cryptoland wallet.
For example: #TRON and #Omni networks were added to deposit or withdraw #USDT tokens.
📈 #Funda
🗞 #News
💎 @CryptolandNetwork
New update in the Cryptoland platform:
Supporting different kinds of blockchain networks for all of cryptocurrencies in order to deposit to or withdraw from Cryptoland wallet.
For example: #TRON and #Omni networks were added to deposit or withdraw #USDT tokens.
📈 #Funda
🗞 #News
💎 @CryptolandNetwork
Cryptoland wishes you a happy new lunar year full of success and a merry Christmas. 🎄🎁
@CryptoLandNetWork
@CryptoLand
@CryptoLandNetWork
@CryptoLand
Russia’s Central Bank Is Now Testing Real Asset-Pegged Stablecoins
The Bank of Russia, the country’s central bank, has reportedly started testing stablecoins pegged to real assets in a regulatory sandbox.
Elvira Nabiullina, Russia’s central bank head, said that the bank doesn’t assume that those stablecoins will function as a means of payment or become a substitute for money, Russian news service Interfax reported on Dec. 25.
Nabiullina noted that the Bank of Russia is exploring the potential uses of stablecoins — cryptocurrencies that are pegged to another asset to prevent the volatility associated with crypto markets. She said:
“We are testing stablecoins in our regulatory ‘sandbox’. We see companies willing to issue tokens pegged to certain real assets. In our regulatory sandbox, we are learning the potential uses of stablecoins but we do not assume that they will function as a means of payment and become a surrogate for money .”
📈 #Funda
🗞 #News
💎 @CryptoLandnetwork
The Bank of Russia, the country’s central bank, has reportedly started testing stablecoins pegged to real assets in a regulatory sandbox.
Elvira Nabiullina, Russia’s central bank head, said that the bank doesn’t assume that those stablecoins will function as a means of payment or become a substitute for money, Russian news service Interfax reported on Dec. 25.
Nabiullina noted that the Bank of Russia is exploring the potential uses of stablecoins — cryptocurrencies that are pegged to another asset to prevent the volatility associated with crypto markets. She said:
“We are testing stablecoins in our regulatory ‘sandbox’. We see companies willing to issue tokens pegged to certain real assets. In our regulatory sandbox, we are learning the potential uses of stablecoins but we do not assume that they will function as a means of payment and become a surrogate for money .”
📈 #Funda
🗞 #News
💎 @CryptoLandnetwork
YouTube erroneously purged cryptocurrency education videos from its video-sharing platform this week but claims to have reinstated them, according to a spokesperson. Content creators, however, are telling a different story.
Responding to allegations that it had intentionally deleted content from cryptocurrency education channels ChrisDunnTV, Crypto Tips, BTC Sessions and others in what apparently amounted to hundreds of missing videos, the spokesperson said that YouTube made “the wrong call.”
“With the massive volume of videos on our site, sometimes we make the wrong call. When it's brought to our attention that a video has been removed mistakenly, we act quickly to reinstate it. We also offer uploaders the ability to appeal removals and we will re-review the content,” the spokesperson said. YouTube has issued near-identical statements after previous inadvertent video purges.
The spokesperson further stated that YouTube has not changed any policies related to cryptocurrency videos.
📈 #Funda
🗞 #News
💎 @CryptoLandNetwork
Responding to allegations that it had intentionally deleted content from cryptocurrency education channels ChrisDunnTV, Crypto Tips, BTC Sessions and others in what apparently amounted to hundreds of missing videos, the spokesperson said that YouTube made “the wrong call.”
“With the massive volume of videos on our site, sometimes we make the wrong call. When it's brought to our attention that a video has been removed mistakenly, we act quickly to reinstate it. We also offer uploaders the ability to appeal removals and we will re-review the content,” the spokesperson said. YouTube has issued near-identical statements after previous inadvertent video purges.
The spokesperson further stated that YouTube has not changed any policies related to cryptocurrency videos.
📈 #Funda
🗞 #News
💎 @CryptoLandNetwork
Agharta Hard Fork to Bring Full Compatibility Between ETC And ETH
The upcoming Ethereum Classic (ETC) Agharta hard fork will include features of the Ethereum (ETH) Constantinople fork and intends to make ETC fully compatible with Ethereum.
Agharta hard fork expected around Jan. 15
ETC Labs Core rebrands to ETC Core to clarify difference with ETC Labs
📈 #Funda
🗞 #News
💎 @CryptolandNetwork
The upcoming Ethereum Classic (ETC) Agharta hard fork will include features of the Ethereum (ETH) Constantinople fork and intends to make ETC fully compatible with Ethereum.
Agharta hard fork expected around Jan. 15
ETC Labs Core rebrands to ETC Core to clarify difference with ETC Labs
📈 #Funda
🗞 #News
💎 @CryptolandNetwork
Twitch Users Can Now Tip Streamers With MenaPay Stablecoin
Mobile payments service MenaPay announced support for Twitch tipping with their MenaCash stablecoin.
📈 #Funda
🗞 #News
💎 @CryptolandNetwork
Mobile payments service MenaPay announced support for Twitch tipping with their MenaCash stablecoin.
📈 #Funda
🗞 #News
💎 @CryptolandNetwork
#Bitcoin has had a record 2019 with transaction count, transaction volume (USD equivalent basis), and hash rate reaching new all time highs this past year.
📈 #Funda
🗞 #News
💎 @CryptolandNetwork
📈 #Funda
🗞 #News
💎 @CryptolandNetwork
Venezuela, Argentina Set New Weekly P2P Bitcoin Trading Volume Records
Bitcoin (BTC) weekly trading volumes on peer-to-peer (P2P) trading platform LocalBitcoins in Venezuela and Argentina have hit new all-time highs in their respective national currencies.
Cryptocurrency data website CoinDance shows that LocalBitcoins trading volume in local fiat currency in Argentina and Venezuela have hit new record highs.
According to the website’s data, the week ending on Dec. 21 saw over 32.6 million Argentine pesos (equivalent to about $544,905) traded on the platform, or 34% more than the record registered two weeks before.
In Venezuela, on the other hand, over 248 billion bolivars (about $24.8 million) were traded on LocalBitcoins during the same week, nearly 15.6% more than the record volume registered during the previous week.
📈 #Funda
🗞 #News
💎 @CryptolandNetwork
Bitcoin (BTC) weekly trading volumes on peer-to-peer (P2P) trading platform LocalBitcoins in Venezuela and Argentina have hit new all-time highs in their respective national currencies.
Cryptocurrency data website CoinDance shows that LocalBitcoins trading volume in local fiat currency in Argentina and Venezuela have hit new record highs.
According to the website’s data, the week ending on Dec. 21 saw over 32.6 million Argentine pesos (equivalent to about $544,905) traded on the platform, or 34% more than the record registered two weeks before.
In Venezuela, on the other hand, over 248 billion bolivars (about $24.8 million) were traded on LocalBitcoins during the same week, nearly 15.6% more than the record volume registered during the previous week.
📈 #Funda
🗞 #News
💎 @CryptolandNetwork
Swiss President Says ‘No’ to Libra Project
In theory, Libra was presupposed to be managed by a Geneva-based independent association linking several companies and non-profit groups.
Swiss President Ueli Maurer said on Friday that Facebook’s Libra project “failed in its current form and needs reworking to be approved.”
He said:
“I don’t think Libra has a chance in its current form, because central banks will not accept the basket of currencies underpinning it. The project, in this form, has thus failed.”
Regulators all over the world have been worried that Libra would possibly increment the risk of money laundering and criminal actions through its global cryptocurrency available to billions of Facebook users.
In September this year, United States Treasury official Sigal Mandelker stated Facebook’s Libra has to meet the highest standards of regulatory compliance prior to any launch.
📈 #Funda
🗞 #News
💎 @CryptolandNetwork
In theory, Libra was presupposed to be managed by a Geneva-based independent association linking several companies and non-profit groups.
Swiss President Ueli Maurer said on Friday that Facebook’s Libra project “failed in its current form and needs reworking to be approved.”
He said:
“I don’t think Libra has a chance in its current form, because central banks will not accept the basket of currencies underpinning it. The project, in this form, has thus failed.”
Regulators all over the world have been worried that Libra would possibly increment the risk of money laundering and criminal actions through its global cryptocurrency available to billions of Facebook users.
In September this year, United States Treasury official Sigal Mandelker stated Facebook’s Libra has to meet the highest standards of regulatory compliance prior to any launch.
📈 #Funda
🗞 #News
💎 @CryptolandNetwork
Most profitable tech IPOs vs most profitable ICOs of all time. It is not really correct to compare around 5 years history of ICO fundraising with pretty old classic IPO but we made an effort.
📈 #Funda
🗞 #News
💎 @CryptolandNetwork
📈 #Funda
🗞 #News
💎 @CryptolandNetwork
Mike Novogratz Says Bitcoin Will Hit $12K in 2020
Mike Novogratz, co-founder of cryptocurrency merchant bank Galaxy Digital, made the “$btc finishes over 12k,” remark as part of his new year predictions in a tweet on Dec. 28.
📈 #Funda
🗞 #News
💎 @CryptolandNetwork
Mike Novogratz, co-founder of cryptocurrency merchant bank Galaxy Digital, made the “$btc finishes over 12k,” remark as part of his new year predictions in a tweet on Dec. 28.
📈 #Funda
🗞 #News
💎 @CryptolandNetwork
Bitfinex Updates KYC Process Asking Verified Users to Submit Additional Information.
Crypto exchange Bitfinex is tightening its KYC process, asking verified users to supply proof of residential address.
Bitfinex CTO Paolo Ardoino says the exchange wants to bring all client accounts to the "same level."
Cryptocurrency exchange Bitfinex has announced an update to its know-your-customer (KYC) process and is asking verified users to submit additional information in an effort to strengthen security.
According to an email sent to verified Bitfinex users, the crypto exchange is attempting to tighten its KYC process in an effort to bring all clients “to the same level.”
Paolo Ardoino, chief technology officer of Bitfinex, told the exchange is “always” working to improve upon its security and regulatory compliance.
The updated KYC process asks verified clients to share details on the source and use of their funds, in addition to providing proof of residential address.
📈 #Funda
🗞 #News
💎 @CryptolandNetwork
Crypto exchange Bitfinex is tightening its KYC process, asking verified users to supply proof of residential address.
Bitfinex CTO Paolo Ardoino says the exchange wants to bring all client accounts to the "same level."
Cryptocurrency exchange Bitfinex has announced an update to its know-your-customer (KYC) process and is asking verified users to submit additional information in an effort to strengthen security.
According to an email sent to verified Bitfinex users, the crypto exchange is attempting to tighten its KYC process in an effort to bring all clients “to the same level.”
Paolo Ardoino, chief technology officer of Bitfinex, told the exchange is “always” working to improve upon its security and regulatory compliance.
The updated KYC process asks verified clients to share details on the source and use of their funds, in addition to providing proof of residential address.
📈 #Funda
🗞 #News
💎 @CryptolandNetwork
Coinbase Removes DApp Browser Support to Comply with Apple’s App Store
Coinbase’s mobile cryptocurrency wallet, Coinbase Wallet, is planning to remove support for its decentralized application (DApp) browsing feature to remain in compliance with Apple’s App Store policy.
According to Coinbase statement:
In order to comply with App Store policy, we may soon be removing the DApp browser functionality. If you wish to continue using DApps, you can now access most popular DApps on the desktop with Coinbase Wallet by simply scanning a QR code via WalletLink.
Brian Armstrong, CEO of Coinbase, took to Reddit to explain the feature’s sudden removal. In a post made on Dec. 28 he said this is “really unfortunate to see. Apple seems to be eliminating usage of Dapps from the App Store.”
He continued,
If Apple customers want to be able to use Dapps, we may need to make this request know to Apple in some way. This is an important area of innovation in finance, and many developers and early adopters of this technology have millions of dollars worth of crypto tied up in these financial applications, which they will no longer be able to use on Apple mobile devices if this app store policy continues.
📈 #Funda
🗞 #News
🌐 CryptoLand.net
💎 @CryptolandNetwork
Coinbase’s mobile cryptocurrency wallet, Coinbase Wallet, is planning to remove support for its decentralized application (DApp) browsing feature to remain in compliance with Apple’s App Store policy.
According to Coinbase statement:
In order to comply with App Store policy, we may soon be removing the DApp browser functionality. If you wish to continue using DApps, you can now access most popular DApps on the desktop with Coinbase Wallet by simply scanning a QR code via WalletLink.
Brian Armstrong, CEO of Coinbase, took to Reddit to explain the feature’s sudden removal. In a post made on Dec. 28 he said this is “really unfortunate to see. Apple seems to be eliminating usage of Dapps from the App Store.”
He continued,
If Apple customers want to be able to use Dapps, we may need to make this request know to Apple in some way. This is an important area of innovation in finance, and many developers and early adopters of this technology have millions of dollars worth of crypto tied up in these financial applications, which they will no longer be able to use on Apple mobile devices if this app store policy continues.
📈 #Funda
🗞 #News
🌐 CryptoLand.net
💎 @CryptolandNetwork
TRON Unlocking 33 Billion TRX On New Year’s Day
The TRON Foundation has announced that it will be kicking off the new year by unlocking 33 billion TRX, despite not providing a plan for how the coins will be used.
According to a tweet TRON News on Dec. 27, the TRON Foundation will be unlocking 33 billion TRX on Jan. 1, 2020. The post did not specify how the funds will be used and instead posed the question to the TRON community on how the funds should be handled.
A subsequent tweet by TRON News polled the community for ideas for what should be done with the 33 billion TRX, including investing in partnerships, re-locking the funds or instituting a coin burn. The tweet claims that users’ responses can provide the TRON Foundation with information on “how the community feels” about the massive coin unlock.
Some community members have speculated that the new funds could go towards boosting the crypto exchange Poloniex, which was recently invested in by TRON founder Justin Sun. Others fear the TRON Foundation may dump at least some of the $445 million worth of TRX on the market, potentially hurting prices.
📈 #Funda
🗞 #News
🌐 CryptoLand.net
💎 @CryptolandNetwork
The TRON Foundation has announced that it will be kicking off the new year by unlocking 33 billion TRX, despite not providing a plan for how the coins will be used.
According to a tweet TRON News on Dec. 27, the TRON Foundation will be unlocking 33 billion TRX on Jan. 1, 2020. The post did not specify how the funds will be used and instead posed the question to the TRON community on how the funds should be handled.
A subsequent tweet by TRON News polled the community for ideas for what should be done with the 33 billion TRX, including investing in partnerships, re-locking the funds or instituting a coin burn. The tweet claims that users’ responses can provide the TRON Foundation with information on “how the community feels” about the massive coin unlock.
Some community members have speculated that the new funds could go towards boosting the crypto exchange Poloniex, which was recently invested in by TRON founder Justin Sun. Others fear the TRON Foundation may dump at least some of the $445 million worth of TRX on the market, potentially hurting prices.
📈 #Funda
🗞 #News
🌐 CryptoLand.net
💎 @CryptolandNetwork
TRON's Justin Sun Announces New Acquisition as Rumors Point to Steemit
TRON founder Justin Sun has announced a new acquisition is set to be announced early next year. Details are scarce but Sun’s announcement claimed it was for #BiTorrent and its $BTT token.
According to various rumors on social media, Justin Sun’s announcement is referencing a new acquisition of the popular blockchain-based blogging platform Steemit.
Steemit is a popular platform where users are rewarded in both STEEM and Steem Dollars ($SBD) for creating and curating content.
Sun’s announcement doesn’t seem to have affected the price of either TRX or STEEM, as both are down by little over 1% in the last 24-hour period.
As reported, the TRON Foundation has announced it will be unlocked 33 billion TRX, worth around $440 million, in the beginning of 2020. The Foundation hasn’t revealed what the funds will be used for, but it’s possible they may go toward the recently announced acquisition.
📈 #Funda
🗞 #News
💎 @Cryptolandnetwork
TRON founder Justin Sun has announced a new acquisition is set to be announced early next year. Details are scarce but Sun’s announcement claimed it was for #BiTorrent and its $BTT token.
According to various rumors on social media, Justin Sun’s announcement is referencing a new acquisition of the popular blockchain-based blogging platform Steemit.
Steemit is a popular platform where users are rewarded in both STEEM and Steem Dollars ($SBD) for creating and curating content.
Sun’s announcement doesn’t seem to have affected the price of either TRX or STEEM, as both are down by little over 1% in the last 24-hour period.
As reported, the TRON Foundation has announced it will be unlocked 33 billion TRX, worth around $440 million, in the beginning of 2020. The Foundation hasn’t revealed what the funds will be used for, but it’s possible they may go toward the recently announced acquisition.
📈 #Funda
🗞 #News
💎 @Cryptolandnetwork