📰 News Yuri Molchan

TRON News - Ex-Tron (?) Employee: Justin Sun and Binance’s CZ Pumping TRX, BNB on Fake BTT ICO

📰 News
An open Telegram channel has posted a YouTube video where a former Tron developer claims BTT is a way for Justin Sun and Changpeng Zhao to grab money
Ex-Tron (?) Employee: Justin Sun and Binance’s CZ Pumping TRX, BNB on Fake BTT ICO
Contents

In a video that was posted on YouTube twelve hours ago, a man named Tyler Swope (otherwise known as Chico) posted a video accusation against Tron and Binance, claiming that the CEOs of these two crypto giants pumped their coins (BNB, TRX) on the recently performed BTT ICO. Chico directly calls this ICO and the whole idea of Tron collaborating with BitTorrent as a fake – a way to pump TRX.

Ex-Tron (?) Employee: Justin Sun and Binance’s CZ Pumping TRX, BNB on Fake BTT ICO

The Binance-Tron Masonic conspiracy – assumed or real?

Tyler Swope swears that he has insider info regarding the real purpose of the BTT ICO that took place on Binance Launchpad the other day. BTT was being sold for BNB and TRX only – the coins of the interested parties, he says. Binance was chosen as a platform for manipulating Tron users, he claims.

Swope was right when he said that loads of investors, in anticipation of buying BTT coins, bought a whole lot of BNB and TRX. However, only 962 investors were actually able to buy BTT. The others, no matter how hard they tried and clicked the ‘submit’ button, failed. Many of them said that the button was inactive, so there was no use in even clicking it.

The Binance-Tron Masonic conspiracy – assumed or real?

One unlucky investor even recorded a video where he/she was clicking ‘buy’ but instead got a picture with a big green tick saying “your account has been verified”.

The Binance-Tron Masonic conspiracy – assumed or real?

Swope goes on, pointing out that Binance Launchpad had already performed two ICOs – Gifto and Bread. They are marked as successful, but no similar bugs were reported when they were taking place, though.

The Binance-Tron Masonic conspiracy – assumed or real?

Who owns the largest part of TRX and BTT?

The video claims that over half of TRX coins are owned by the Tron team, while Justin Sun and private investors own 60 percent. A similar situation goes for BTT – only 45 percent was sold to the public, and the other 55 percent is also held by Tron and its investors.

The maker of the video is openly calling Tron and the BTT ICO a scam, saying that Tron had run out of money, failing to pay salaries and handing out the $1 mln to the prize winners. It would have been much easier to use the already existing TRX coin as an incentive for BitTorrent users, but Justin Sun for some reason decided to launch an extra token specially for this – to get more money, claims Swope.

Who owns the largest part of TRX and BTT?

💼 Related Article
Investors Outraged at How Binance Conducted BTT Sell-Off, Tron Fighting Fake BTT Airdrops
🔥 Hot
3 weeks 3 days
256
Investors Outraged at How Binance Conducted BTT Sell-Off, Tron Fighting Fake BTT Airdrops

What does Tyler Swope have to do with Tron?

Sources from the top-management team of the Tron Foundation have told U.Today that this man is a former Tron developer. However, Tron is mentioned neither on the man’s LinkedIn page, nor on Facebook.

The Telegram channel titled “Tron (TRX) Announcements,” which shared this video, also seems to be run by the same person.

What does Tyler Swope have to do with Tron?

 

Join our Telegram channel to get news even faster!
📰 News
7004 views views
👓 Recommended articles
something-wide
something-wide
📰 News Yuri Molchan

TRON News - BitMart Exchange Teams Up with Paxful to Give Its Customers More Benefits

📰 News
Crypto trading firm BitMart spreads word about its new partnership with P2P exchange Paxful, both firms intend to gain more scalability and liquidity
BitMart Exchange Teams Up with Paxful to Give Its Customers More Benefits
Contents

BitMart has publicized its integration of Paxful’s Bitcoin trading service. This will enable clients of BitMart to get more payment features. Also, customers of Paxful will be able to use BitMart and trade its almost 200 crypto pairs.

Benefits of this collaboration

The reps of the firms state that this cooperation will allow improving customer experience by giving users more trading opportunities.

BitMart founder and CEO Sheldon Xia has mentioned that partnering with Paxful will enable the exchange to attract new customers who previously had no access to crypto trading.

BitMart started off two years ago. This crypto exchange is located in the Cayman Islands, but it operates branches in the US, South Korea, etc. The platform officially has nearly 700,000 clients, and its trading volume exceeds $70 mln per day.

The CEO also added that working on one team with Paxful will let users have a better choice of payment options – gift cards, bank transfers, etc.

About Paxful

Paxful is a decentralized marketplace where one trader can buy BTC directly from another. Users there add their adverts about selling BTC and mention the way they wish to be paid.

As soon as the buyer conducts a payment, he or she receives their Bitcoin from escrow directly into their Paxful storage space. Those who purchase pay no fees to the platform. It takes 1 percent of each deal from sellers.

The company reports it has one million active users from around the world on a daily basis.

In this Telegram channel you’ll find fresh news, interviews, infographics, forecasts & other helpful stuff. Join U.Today's channel.
📰 News
108 views views
👓 Recommended articles
something-wide
something-wide
📰 News Alex Morris

TRON News - Litecoin (LTC) Now Supported by Coinbase Wallet, Users Ask to Add XRP

📰 News
Coinbase claims that this addition is an important step towards creating the leading cryptocurrency wallet on the market
Litecoin (LTC) Now Supported by Coinbase Wallet, Users Ask to Add XRP
Contents

Coinbase Wallet now allows its users to directly store Litecoin (LTC) in the app. Thus, the fifth biggest asset by market capitalization joins Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), and Ethereum Classic (ETH) on the list of supported cryptocurrencies.
Litecoin (LTC) Now Supported by Coinbase Wallet, Users Ask to Add XRP

The rollout is coming in a few weeks

The blog post states that Coinbase Wallet users will be able to download an update with Litecoin support in a few weeks on the App Store or Google Play Store respectively. Litecoin support will be available from the get-go once the app is updated. You will simply have to choose the ‘Receive’ option on the main wallet page in order to deposit LTC to your wallet.

Coinbase keeps snubbing XRP

The announcement was flooded with tweets from users asking Coinbase to add XRP. Everyone’s favorite remittance and settlement token is nowhere to be found on the roster of supported digital coins.

However, XRP was added to Coinbase Custody in November 2018, so one shouldn’t exclude the possibility that the crypto behemoth will eventually fully embrace this asset.  

Subscribe to the official U.Today Telegram channel. Get news first!
📰 News
957 views views
👓 Recommended articles
something-wide
something-wide
📰 News Alex Morris

TRON News - Epic Games CEO Shows Support for EOS on Twitter

📰 News
Tim Sweeney fails to realize why everyone is freaking out about the rapidly growing size of the EOS Blockchain
Epic Games CEO Shows Support for EOS on Twitter
Contents

Epic Games CEO Tim Sweeney has recently defended EOS on Twitter. The fact that Sweeney, the man behind such hit games as Fortnite and Bulletstorm, is interested in the fourth biggest currency by market capitalization is undeniably good news for adoption.

💼 Related Article
Forget About Steam — New Blockchain-Powered Game Store Gets 22 Publishers on Board
🔥 Hot
2 months 1 week
256
Forget About Steam — New Blockchain-Powered Game Store Gets 22 Publishers on Board

4 TB, 50 TB, 100 TB…

The EOS Blockchain is constantly growing bigger, and that seems concerning to many of its users. Bitcoin has a chain size of 200 GB while being around for more than a decade. Ethereum Blockchain, which was launched three and a half years ago, is at 140 GB. Meanwhile, there is a world of difference when it comes to EOS — its Blockchain has grown to 4 TB in only eight months due to its very fast speed. If EOS-based dApps see mainstream adoption, the chain will grow exponentially. That will create many challenges that pertain to storage solutions.

Not a serious issue

However, Sweeney believes that these concerns are unreasonable. In his latest tweet, he defended the EOS network by claiming that it’s completely normal for a global transaction ledger to require that amount of data. Shelling out $300 for an 8 TB hard drive every 16 months or so wouldn’t be a problem.

Back in January, there were numerous rumors that Epic Games had teamed up with Monero (XMR).  Sweeney swiftly denied the partnership, claiming that Fortnite's foray into crypto was ‘accidental.’

Only the most important posts per day. Infographics, analytics, reviews & summaries. Join our Telegram channel!
📰 News
213 views views
👓 Recommended articles
something-wide
something-wide
📰 News Alex Morris

TRON News - Should Warren Buffett Invest in Bitcoin (BTC)? Anthony Pompliano Definitely Thinks So

📰 News
There is a ‘snowball in hell’ possibility that Warren Buffett, an ardent Bitcoin hater, will actually invest in Bitcoin
Should Warren Buffett Invest in Bitcoin (BTC)? Anthony Pompliano Definitely Thinks So

It’s been more than three years since Warren Buffett’s last big acquisition (which he likes to call ‘elephants’). As the 89-year-old billionaire is mulling over his next big buy, crypto evangelist Anthony Pompliano suggests that he could purchase Bitcoin (BTC).

💼 Related Article
Microsoft’s Bill Gates: You Should Not Expect Bitcoin to Go Up
🔥 Hot
9 months 3 weeks
256
Microsoft’s Bill Gates: You Should Not Expect Bitcoin to Go Up

Warren Buffett's Berkshire Hathaway has a whopping $116 bln to spend, but he simply cannot find the company that would fit the set of his criteria. While Buffett is on the hunt for his next big target, Pompliano claims that Bitcoin would be his best bet. The number one cryptocurrency, according to Pompliano, will be able to generate more profit than all of Buffett’s investments for the next decade.

Wishful thinking

Pompliano’s comment was most definitely sarcastic given that the Oracle of Omaha is a well-known Bitcoin hater. Back in May, after the crypto bubble popped, Buffett called Bitcoin ‘rat poison squared.’ He also claimed that BTC is an asset that ‘doesn’t produce anything.’ Buffett’s vitriolic comments didn’t go unnoticed — as reported by U.Today, Genesis Mining trolled the billionaire with pro-Bitcoin billboards outside of his office.

Wishful thinking

Pantera Capital’s Dan Morehead also wasn’t a fan of the ‘rat poison’ remark, calling banks and credit card companies the rats.

Only the most important posts per day. Infographics, analytics, reviews & summaries. Join our Telegram channel!
📰 News
145 views views
👓 Recommended articles
something-wide
something-wide
📰 News Yuri Molchan

TRON News - University of Michigan Eyes Continuing to Invest in Andreessen Horowitz’s Digital Asset Fund

📰 News
The University of Michigan, with its spare finances of around $12 bln, may keep its collaboration with the A16z crypto investment firm
University of Michigan Eyes Continuing to Invest in Andreessen Horowitz’s Digital Asset Fund
Contents

The university began investing into the A16z fund set up by the Andreessen Horowitz company last summer when it transferred $300 mln into its management. At the moment, the university is considering a change to invest some more. The amount of funds assigned for this purpose has not been disclosed.

Crypto fund for institutional investors

In summer last year, the top financial company Andreessen Horowitz set up a branch to invest in technologies based on crypto assets. Other media outlets reported that Yale University also took part.

Chris Dixon from Andreessen Horowitz mentioned back then that the company intends to invest into the crypto industry on a regular basis, even if the market situation worsens. He even insisted that no crypto winter will stop them from doing it.

💼 Related Article
Coinbase Custody Now Holds More Than $500 Mln in Digital Assets
🔥 Hot
1 day 5 hours
256
Coinbase Custody Now Holds More Than $500 Mln in Digital Assets

Pension funds and universities are going for virtual coins

In autumn last year, the University of Michigan’s spare capital reached the amount of $12 mln. The employee in charge of investments, Erik Lundberg, back then said that this money can be used to increase the present endowment in real terms.

Pension funds and endowment funds are now actively investing in the DLT and crypto spheres. A week ago, reports emerged in the media that several pension funds provided investments for the crypto fund set up by the Morgan Creek Capital venture company – adding up to a total of $40 mln.

The fund opened by Morgan Creek accepts money for investing from hospitals, insurance firms and universities.

Subscribe to the official U.Today Telegram channel. Get news first!
📰 News
72 views views
👓 Recommended articles
something-wide
something-wide