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Justin Sun Announces 2 Mln USDT-Tron Giveaway on OKEx Exchange

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  • Yuri Molchan
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    After the USDT-Tron giveaway on Poloniex, Tron is working with the OKEx team to let users win two million TRX20-based USDT

Justin Sun announces 2 mln USDT-Tron giveaway on OKEx exchange
Cover image via tron.network
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On his official Twitter page, the Tron founder Justin Sun has announced the launch of another Tron-based USDT giveaway. This one is taking place in collaboration with the OKEx team and is offering users a chance to grab some of the USDT-Tron allocated for this.

The second consecutive TRX giveaway campaign

The similar thing that Tron conducted previously occurred on Poloniex where TRX trading had been recently launched. The giveaway amount on Poloniex totaled 25,000 USDT-Tron. The event was called ‘TRX Hurricane’ and it was a Net Deposit promotion.

The event took place from November 11 to November 18. To participate, Poloniex users needed to deposit TRX. The winners would get APR (annualized interest rate) awards - 20%-60% - and get prizes of 25,000 USDT-Tron.

This time, users will be able to get up to 33% ARP rewards on their TRX deposits, as well as prizes of 2 mln Tron-USDT. The new TRX campaign is taking part in three rounds.

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The Nile Test Network launch

On Wednesday, the Tron community started the trials of the Nile Network. Its code is compatible with the Tron mainnet. No other details have been released yet.

Justin Sun teases another Tron's acquisition

Recently, the company’s chief executive Justin Sun posted a tweet saying that another acquisition had been made for the Tron network. He promised more details later but none have been released so far.

The previous big acquisition made by Tron was the BitTorrent giant back in the summer 2018.

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About the author

Yuri is a journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future. ‘Hodls’ cryptocurrencies. Has written for several crypto media. Currently is a news writer at U.Today.

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Ethereum’s Vitalik Buterin: Fiat Money Will Not be Destroyed

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  • Vladislav Sopov
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    Vitalik Buterin, Co-Founder of the Ethereum Foundation and “father” of Ethereum, sat down with Eric Weinstein on The Portal podcast to discuss “old” and “new” economics.

Vitalik Buterin, Ethereum: Fiat Money Will Not Be Destroyed
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Two intellectuals, Vitalik Buterin (Creator of Ethereum), and Eric Weinstein (PhD, scientist, and Managing Director at Thiel Capital), recently sat down on The Portal to discuss Mr. Buterin's attitude towards the "classic" economics theory.

Libertarianism and Diversity

When both individuals discussed libertarianism, Vitalik Buterin said that libertarians mostly belong to two large groups characterized as either a "leave me alone'" or "conquer the world" approach. This divergence can be extrapolated into cryptocurrencies in terms of their mass adoption.

Mr. Buterin highlighted that there are participants within the crypto community that are assured that fiat currencies will be destroyed and replaced by Bitcoin (BTC). In general, Mr. Buterin estimated that the prospects of any "short-term disruption" for the sake of some "nebulous long-term gain" is skeptical. He said:

I'm definitely not in the camp that actively relishes that fiat currencies will be destroyed. 

Mr. Buterin added that several members within the Bitcoin community share this belief.

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Peaceful Coexistence

Vitalik Buterin predicts that Bitcoin and other cryptocurrencies will coexist with fiat money and balance the disadvantages of the classic monetary system. He also added that cryptocurrencies will provide "checks and balances" against a government monopoly on "issuing money" rather than "replacing it entirely".

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Mr. Buterin is well-known as a champion of pluralism in future world of cryptocurrency. He is sure that different communities will defend their views on its development.

Will crypto one day replace fiat money? Tell us your opinion on Twitter.

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About the author

 Blockchain Analyst & Writer with scientific background. 5+ years in IT-analytics, 2+ years in blockhain. Worked in independent analysis (Crypto Briefing) as well as in start-ups (Swap.online, Monoreto, Attic Lab etc.)

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