Men over Boys: Justin Sun taps seasoned professional Jeremy Allaire for Buffett lunch

Justin Sun has graduated. Amidst the Libra-hangover that the entire industry is still dealing with, an important event has slipped away from the limelight. The much-talked about lunch between the digital asset industry’s master marketeer, Tron’s Justin Sun, and Berkshire Hathaway’s Warren Buffett is on the horizon, and the guest list has another name. Scheduled […]
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Source: AMB Crypto

OKEx Executive May Make Appearance at Tron Buffett ‘Power Lunch’

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OKEx Executive May Make Appearance at Tron Buffett ‘Power Lunch’
Now, with the lunch date set for Thursday, July 25, speculation is rife that Sun will invite a selection of dignitaries from the world of cryptocurrency and blockchain to meet Buffett. Among those likely expected at the lunch is OKEx executive.
OKEx Executive May Make Appearance at Tron Buffett ‘Power Lunch’

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Source: CoinSpeaker

Catching up or playing catch up? Justin Sun talks about Warren Buffett lunch

While Facebook’s involvement with cryptocurrency has pulled in mainstream attention, it has overshadowed the decade-long innovations led by crypto technologists. In an effort to clear some of this fog, Tron CEO Justin Sun took to the Internet to share his recipe for success amidst the turbulent crypto market. Sharing his first secret, Sun said, “The […]
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Source: AMB Crypto

Justin Sun elucidates on upcoming plans for BitTorrent Speed and BTFS

Tron and its CEO Justin Sun has made news multiple times in the cryptocurrency sphere with its developments and updates. In his latest interview with Crypto Love, Sun spoke about the upcoming plans for the Tron Foundation and how the organization plans to implement it. Sun stated that the main focus of the company right […]
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Source: AMB Crypto

Tron beats ETH and EOS in the DApp game, surpassing the two in weekly trading volume

Tron network primarily focuses on creating entertainment-based decentralized applications and has seen a howling success in the same.Tron recently surpassed the 500 DApps mark and reported 513 DApps on the network, along with an increase in transaction volume and smart contracts. According to the latest DApp Review report, Tron recorded a seven-day volume of USD 77,187,891.96, […]
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Source: AMB Crypto

Users who value privacy, anonymity will be happy with BitTorrent Speed’s offerings, claims Tron’s Justin Knoll

Justin Sun recently sat down in an AMA to discuss the launch of BitTorrent Speed and the features and updates associated with it. The aim of this latest project is to enhance users experience by offering better speed and to empower them with control features, he said. This new features provide full transparency within the swarm, […]
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Source: AMB Crypto

Ponzi scheme victims storm Tron office; police called in to protect staff

Ponzi schemes in the crypto ecosystem can be traced back to every single bull run that attracted a new wave of naive investors. Although such scams maintain its stronghold within the budding markets, Tron made headlines after being linked to a billion-dollar Ponzi scheme with Chinese investors. A video surfaced on Twitter showing local Chinese police […]
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Source: AMB Crypto

Police Protect Staff As Scammed Investors Invade Tron’s Office, Justin Sun Reacts!

Report coming in from Twitter users Monday morning showed police protecting members of staff of the Beijing Tron office while angry mob tried to gain entrance. This is coming after a group of scammers who claimed to have been in a sure connection with the Tron Foundation scammed thousands of members of the TRON community, making way with a sum of TRX totaling around $30 million on Sunday.

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
— Hayden Otto (@haydenotto_) July 8, 2019

Chinese investors who fell for a #Tron $Trx related Ponzi scam storm the Tron Beijing office
It was basically a #Tron wallet promising guaranteed return with $trx deposits. Like #plustoken. pic.twitter.com/FkIZ4W2hbB
— ๑ THE CRYPTO PANDA ๑ (@PandaofBinance) July 8, 2019

The Actual Scam
Relating to the scam, a media promotion which promoted a certain TRX wallet and promised TRX holders a Return On Investments (ROI) of TRX on their TRX holdings, appeared to be fake. Many seemed to have believed in the scammers and therefore got carried away in the scheme as they feigned certain string attachments to Justin Sun, the founder of Tron himself. This caused the loss of valuable assets belonging to customers and some have shown their grievances in many ways. According to the report, a single mother committed suicide.
No Alert Came Soon!
In this highly astute event, victims pointed a finger of accusations at TRON founder, Justin Sun for not taking proper action in alerting the community of his non-involvement in the scheme as soon as possible. And although Justin later took to his Twitter handle to make this known, it was too late and in fact, a woman had taken her own life in the course.
Issues Evolving
Now, as more action relating to either or both the scam and Justin’s silence, brew, more investors who seem to have lost a fortune are coming up to show their motives and this time, more violently. Many such people are now trying to force their way into the Beijing office while the Chinese police are also present to make sure no damage of properties is done or life taken.
Chinese Regulations
China is one of those regions which are enacting laws to heavily regulate the use of cryptocurrencies in the region. And although the country is a major crypto market, more regulations are brought to the table of discussion every now and again. For Tron Foundation, this may spell doom to its operations and corresponding token market traction.
However, as the heat of the event gains more traction on Twitter, Tron founder, Justin Sun took to his Twitter handle to update the community about the ongoing controversy. Urging everyone to rest assured, he included that everything was fine and that the foundation was preparing for Bittorent Speed launch today.

.@Tronfoundation and @BitTorrent is fine. Everything is fine. We are preparing for #BitTorrentSpeed launch today. Stop spreading fake news and pictures.
— Justin Sun (@justinsuntron) July 8, 2019

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Source: CoinGape

Tron (TRX) Responding From 3.1 Cents, Justin Sun Confident of July

Tron (TRX) steady and bullish above 3.1 cents
The Tron Foundation plans to buyback TRX

After announcing a buyback plan, Justin Sun is confident TRX will dominate charts in July. In the same month, he will have lunch with Warren Buffet. At the time of writing, TRX is stable above 3.1 cents.
Tron Price Analysis
Fundamentals
The smart contracting and the idea of asset tokenization is a gold mine. Undoubtedly, it opens doors for enterprising investors, melting borders. Through globalization, tokens of facilitating platforms will be on demand, receiving billions of dollars. As such, prices will spike.
It may be because of this that Justin Sun is buoyant of what’s ahead for TRX holders in July. In July, he will have lunch with Warren Buffet. Then, he may be lucky to convince a veteran billionaire investor to reconsider cryptocurrency.
There will be a media conference before and after the $4.5 million lunch. Selecting the three-Michelin starred restaurant that he says is historic, Justin Sun in a blog post further says:
“After narrowing the choices to three, I ultimately chose Quince because its food represents the traditional and the upstart — much like the participants in the lunch itself.”
However, it is far more than lunch. On June 25, the Tron Foundation announced at $20 million buyback plan. Through a blog post, the foundation said:
“..We will conduct by far the largest TRX buyback plan with the widest coverage in the secondary market, which will last for a year and will be conducted in several batches with no less than $20 million.”
Candlestick Arrangement

Even so, TRX prices are not responding as expected. Shadowed by the humongous bar of June 27 which was distinguished by a spike in sell trading volumes, TRX is mostly ranging against the USD.
Unless otherwise there is a convincing close above 4 cents complete with high trading volumes, TRX conservative traders are safe staying on the sidelines. However, risk-off traders can buy the dips as long as TRX is above 3.1 cents.
On the reverse side, any loss below this significant support could see TRX prices sliding to 2.5 cents or lower in days ahead. Otherwise, on the brighter side of the equation, if prices surge above 4 cents, triggering buys, a reasonable buy target will be 6 cents.
Technical Indicators
Wide-ranging, June 27 bear bar leads this trade plan. As a result, any surge above 4 cents should ideally be with high trading volumes surpassing 32 million of June 27.
Chart courtesy of Trading View. Image Courtesy of Shutterstock
The post Tron (TRX) Responding From 3.1 Cents, Justin Sun Confident of July appeared first on NewsBTC.
Source: New feedNewsBTC.com

Justin Sun: July Will Be a Big One For the TRON Community

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Justin Sun: July Will Be a Big One For the TRON Community
TRON’s CEO Justin Sun announced that July will be big for TRX community. Except the lunch he will have with Warren Buffet, Sun announced introducing BTFS as the largest of the decentralized P2P storage network.
Justin Sun: July Will Be a Big One For the TRON Community

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Source: CoinSpeaker

Justin Sun Went All Devious on the Expectation of Charity Lunch With Warren Buffett

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Justin Sun Went All Devious on the Expectation of Charity Lunch With Warren Buffett
Justin Sun donated $4.57 million via an auction for the Charity Lunch with Warren Buffett organized by Glide Foundation. Many are seeing Sun’s moves as an effort to bridge the distance between crypto space and skeptical Buffett.
Justin Sun Went All Devious on the Expectation of Charity Lunch With Warren Buffett

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Source: CoinSpeaker

Tron celebrates its second year of Independence as it continues to BUIDL a Decentralized Web

Tron [TRX] – Love it or Hate it, but you can’t ignore it When the entire market was enjoying a bull run in December 2017, John McAfee, a well-known influencer, endorsed a new cryptocurrency in the market, commenting that it was a “long-term Hodl.” A year down the line, the project has launched its own […]
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Source: AMB Crypto

Justin Sun Bids ‘Goodbye Ethereum!’ to Celebrate Tron Independence Day – Find Out Why

The Tron Foundation led by Justin Sun is celebrating Tron Independence Day on 25th June as their first anniversary of introducing their native Tron blockchain. Before June 2018, Tron was operating as an ERC-20 token on the Ehtereum blockchain. Nevertheless, the protocol behind Tron remained still the same.
Justin Sun has scheduled a live stream to highlight the growth and development of Tron in the past year. He tweeted,

“Goodbye Ethereum! Happy TRON Independence Day! #TRX $TRX”

Tron will also highlight the plans of the community and their goals in the live address. He also tweeted,

“…Are you ready? #TRONIndependenceDay is there to celebrate. Let’s make the most of it!”

Ethereum is one of the first cryptocurrency platforms that has supported a plethora of coins in the beginning. Not only Tron but also Binance (BNB) coin was earlier developed on Ethereum platform. After the new chain is designed and fully developed, the cryptocurrencies are shifted from one blockchain to another; following the same protocol. The old ERC-20 are burned in equal amounts as transfers to the new chain.
Tron initiated its mainnet launch on 25th June 2018. Nearly 100 exchanges and wallets including OKEx, Huobi, Binance, Bittrex and so on have completed their token migration process. TRON Foundation processed all the ERC20 Tokens retrieved.
The token migration process is completed with more than 99.1% of the 100 billion TRX tokens already done. Binance also performed its token burn process recently by shifting BNB coins from ERC20 to BEP2 tokens.
Tron has often led Ethereum in the bid for transaction volume and scalability. However, Ethereum 2.0 development and it’s market dominance is an increasing threat to other smart contract platforms like Tron, EOS, and Cardano. The total market dominance of Ethereum is around 10% with total market capitalization at $32 billion while the total Mcap of Tron is only about $2.5 billion.
Do you think that Tron Foundations marketing attempts will lead to the growth of TRX in a competitive environment? Please share your views with us. 
The post Justin Sun Bids ‘Goodbye Ethereum!’ to Celebrate Tron Independence Day – Find Out Why appeared first on Coingape.
Source: CoinGape

Tron Independence Day: What Will Justin Sun Unveil During Livestream Today

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Tron Independence Day: What Will Justin Sun Unveil During Livestream Today
To celebrate TRON Independence Day, Justin Sun will hold livestream to summarize the achievements of the year and to reveal the plans for the future.
Tron Independence Day: What Will Justin Sun Unveil During Livestream Today

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Source: CoinSpeaker

Founder of Tron and Litecoin along with Binance CEO to Play Poker for Charity

A poker tournament has been organized by Binance Charity Foundation to be held on 16th June 2019. The tournament will be hosted on TRONbet, which is an online Blockchain gaming platform.
The 1st Annual Binance Charity Poken tournament will include major league players, as well as leading cryptocurrency developers Charlie Lee of Litecoin [LTC], Justin Sun of Tron [TRX] and CEO of Binance Changpeng Zhao. The participants of the final table are listed on the website as well.

Are you ready for Binance Charity Poker Cup?Starting in 52 hours! Don't miss it! https://t.co/ES2oSQGhPF#TRON #TRX #Ante #charity #Binance #litecoin #ltc #poker #tournament pic.twitter.com/z4ReAOCOZ2
— Ben_TRX (@Ben_TRX) June 12, 2019

Also Read: Binance CEO Turns Down Justin Sun’s Invite to a Lunch with Warren Buffet
An auction for a seat at the table is won with a bet 888,888 TRX tokens worth about $30,000 to play against these people. Justin Sun announced the winner this morning through a tweet,
[Tron Address of the Winner] You have won the seat to the final table + ALL-inclusive trip to tour TRON w/ @justinsuntron !
The goal of the Charity Poker game is to raise funds for children in Africa. Blockchain social gaming platform, TRONbet will be used to fundraise for the process.
“By utilizing the concept of wealth redistribution made possible with the ANTE token, we hope to extend this concept globally through the Binance Charity Foundation.”
The Charity event also includes a lucky draw under the raffle scheme of raising money. It is a method of the distribution of tickets to a lucky draw based on the donation amount. Donation is open till June 14th 10:00 PDT. The donation can be made in Binance Coin [BNB], Litecoin [LTC], and Tron [TRX].
How much money do you think will they raise at the event? Please share your views with us. 
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Source: CoinGape