A Ponzi used the Tron brand name in China to scam investors out of $30 million. Angry investors stormed a Tron partner’s office and the police showed up to keep the peace.
Tron (TRX) is a top coin by market cap that originated as an ERC20 token on the Ethereum network. As of April 2018 it moved to its own smart computing network.
Tron aims to be an Ethereum competitor, meaning its aim is to be a smart contract platform that can host decentralize apps. The native token on the Tron network is TRX.
Justin Sun bid $4.57 Million for lunch with Warren Buffet and won. Sun is the founder of Tron and a big supporter of crypto, Buffet is a crypto skeptic.
The second BTT airdrop for TRX holders occurred on March 11th. It is notably about 1/10th the size of the first airdrop.
Binance has credited accounts for the first BTT airdrop. Everyone got 0.11 BTT per TRX they had.
The first BTT airdrop has occurred, although Binance users won’t see their BTT balance yet, the drop is mostly complete. Meanwhile, TRX’s price is relatively steady.
The first of many BTT airdrops for TRX holders is a great deal if you would hold TRX anyway. At current values you get about $1 of BTT for every $500 of TRX at current prices. However, the current price of BTT is much higher than the presale price.
Binance had its first major LauchPad release today with BTT, and the results were as one might expect. That is, large accounts bought up all the tokens within 15 minutes.
An ex-BitTorrent executive went on a rant about the planned Tron-based BitTorrent token. BitTorrent then quickly fired back debunking most of the criticism.
Tron (TRX) acquired BitTorrent. BitTorrent is launching a token called BitTorrent Token (BTT). There will be a series of BTT airdrops for Tron (TRX) holders.
TRX, ADA, BCH, XRP, and LTC have all had impressive runs recently, as did ETH in its own right. Meanwhile BTC is holding its ground.