There is more to Tron’s bounty on the Twitter hackers than the company is willing to talk about. An anonymous source contacted this Cointelegraph reporter, asking to be put in touch with Tron to collect the company’s $1 million bounty for identifying the people responsible for last week’s Twitter hack. Cointelegraph extended the courtesy of connecting this source with Tron after examining the highly credible evidence that was on offer. It was surprising to then observe Tron representatives make every excuse to avoid a source who had come forward with legitimate information about the hack the company claimed it wanted …

After a massive number of Twitter accounts were hacked on July 15, one of the affected, Tron founder Justin Sun, put a bounty on the heads of those responsible. Tron's founder will give $1 million to the person or persons responsible for tracking down the hackers and providing pertinent data on the situation, Sun, CEO of BitTorrent and Founder of TRON told, Cointelegraph. Sun added: “We are working closely with Twitter to resolve this issue immediately and return our accounts to normal. We are always vigilant in the handling our accounts; operating safely and responsibly -- taking the security of …

BitTorrent, a major file sharing service operating under Tron (TRX) developer, has added Binance’s USD stablecoin, BUSD, as payment option. As officially announced on July 9, BitTorrent users are now able to buy BitTorrent and µTorrent Classic Pro with BUSD and Binance’s native token, BNB. With the new addition, BitTorrent now totally features six crypto payment options on its platform. Binance’s BUSD joins the list of already supported cryptocurrencies including Bitcoin (BTC), BitTorrent’s utility token BTT, Okex’s OCB, TRX, and BNB. Alongside the BUSD addition, BitTorrent and µTorrent have also replaced the ERC-20 BNB token with the faster and more …

Gumi Cryptos Capital partner, Miko Matsumura, recently spoke with a scam artist pretending to be Justin Sun. The imposter was attempting to sell a supposed privacy-focused crypto asset pegged to the value of real Tron TRX coins. Upon initial inspection of the project and its token sale, Matsumura jumped on Skype for a call with someone who claimed to be Justin Sun. "The impostor was very realistic as you can see," Matsumura told Cointelegraph referring to a video he provided of his chat. The video looked highly suspicious The video of the web chat showed a person resembling Justin Sun …

Justin Sun, the founder of blockchain protocol Tron, recently took to Twitter to announce his company’s foray into the decentralized finance space that will work in areas of decentralized loans and trades. Sun revealed that the project, JUST DeFi, plans to launch three new products for the decentralized finance ecosystem. The first is a lending and borrowing platform dubbed “JUST Lend.” It will allow Tron users to “earn interests and borrow against collateral.” The second product entails a decentralized cryptocurrency exchange platform named JUST SWAP while the third is a TRC-20 token called JUST BTC. The token is pegged to …

The latest report from Flipside Crypto takes a deep look into Tron (TRX) with the hope of answering a question many critics in the cryptocurrency space have posed: "Is Tron a scam?”. Dubious past The report starts by rehashing the Tron’s compromised origins story — from the allegedly plagiarized white paper to the promise of the $20 million giveaway that was never fulfilled. However, the report comes an unexpected conclusion: “Turns out, looking at the active supply of TRX in the past 30 days reveals a very healthy and active ecosystem.” TRX 30-day asset flows. Source: Flipside Crypto. Glorias present …

Poloniex, a veteran exchange that was recently purchased by a consortium including Tron founder Justin Sun, has launched Binance Coin (BNB) and Binance USD (BUSD) pairings. As of June 6, BNB and BUSD wallets are now live on the exchange, with markets for the corresponding pairings slated to launch in post-only mode to ensure stability before full trading functionality rolls out. Binance tokens listed on Poloniex The listings bring support for six new pairings, with Binance Coin now tradeable against Bitcoin (BTC), Tether (USDT), and Tron (TRX) in addition to BUSD, and Binance USD also supported against USDT and BTC. …

A new kind of cryptocurrency tipbot allows users to pay others to answer their questions on social media, providing a new tool to pool data in the ecosystem. Liser Lee of CCTip told Cointelegraph that the system can help drive engagement or generate expert commentary. It lets users create a Twitter poll and automatically pay anyone who shares it with cryptocurrency, helping a poll gain more exposure and answers. The company is also considering a system pays the poll respondents instead. Other than Twitter, CCTip will also work on Telegram, Discord, WeChat and on Reddit as well. It supports 200 …

Steem has executed a soft fork to restrict the rogue “community321” account from making transfers after the account sent nearly 24 million STEEM to Bittrex in protest of a hard fork that sought to freeze the funds. While Steem has claimed that the hard fork was intended to protect the Steem community against malicious actors, critics claim it was intended to punish supporters of the Hive hard fork by freezing their funds. Steem sanctions community321 An update posted to Steemit on May 22 announced the completion of a soft fork sanctioning community321, stating that “the community no longer has control …

Soon after an unknown entity “rescued” $5.7 million worth of STEEM tokens from a “New Steem” hard fork seizure, Bittrex confirmed that the funds reached their account. The crypto exchange now faces a difficult decision of what to do with the 23.6 million STEEM tokens allegedly stolen from Steem witnesses. In a May 21 statement, Bittrex co-founder Richie Lai confirmed that the entity of the transaction initiator, the account named “community321,” remains unknown so far. Lai pointed out that there is an allegation that the account could be hacked outside of Bittrex. The statement reads: “This morning, someone deposited 23,627,501 …

As part of the long-running Steem drama, the Steem (STEEM) network experienced another fork today. Particularly designed to tackle “constant attack from malicious accounts,” the new hard fork doesn’t appear to have been entirely successful. Code named “New Steem” the hard fork 0.23 had two primary aims. The first was to reduce the power down period from 13 weeks to four weeks. The second was to seize 23.6 million in STEEM tokens from Steem accounts and stakeholders associated with the Steem blockchain’s rebel and fork, the Hive blockchain. The latter goal has apparently failed as the seized funds were ‘rescued’ …

The controversy surrounding Justin Sun’s handling of the Steem (STEEM) network continues to grow, with Steem moving to freeze another $5 million in tokens held by dissident Steemit witnesses and stakeholders. Network validators — called ‘witnesses’ — associated with Sun have sanctioned the move to freeze 23.6 million in STEEM tokens, accusing the account holders of posing an existential threat to the Steem network. However, critics claim the hard fork vindictively punishes users who opposed the Tron founder’s takeover and supported the Hive hard fork in March — a community led-fork that froze the founder’s reward Sun acquired alongside Steemit, …