The Tron (TRX) community was beside itself on Wednesday, Feb. 19 after founder Justin Sun’s address was shown to have voted in two Tron Foundation apps as a Super Representative (SR). Both Tron-Ace and Tron-Bet were voted in as Super Representatives by the Zion address, the same account which received 99 billion TRX from the coin’s genesis block. Super Representatives are responsible for overseeing block production on Tron’s blockchain. As such, they receive a sizable portion of the coin rewards from each block. In plain terms, this means that Tron’s community rules were bypassed, arguably to further enrich its own …

Born in China’s Qinghai Province, 29-year-old Justin Sun is the founder and CEO of Tron, one of the largest blockchain networks in the world. Sun, who holds a master’s degree in East Asian studies from the University of Pennsylvania and a bachelor of arts in history from Peking University, launched the Tron Foundation in Singapore in September 2017. Later that year, Tron released its open-source protocol, followed by its mainnet launch in May 2018. Tron’s cryptocurrency, Tronix (TRX), currently ranks as the 14th-highest-performing cryptocurrency in the world. According to the Tron website, TRX is capable of handling 2,000 transactions per …

Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week Bitcoin price hits $10,000 for the first time in 2020 We’re back in business! Bitcoin has reached five figures for the first time since last October. According to Coin360, BTC is up by more than 40% year to date — 8.3% over the past week. Champagne corks will also be flying in the Ether community, …

Tron founder and CEO Justin Sun has finally had his charity lunch with Berkshire Hathaway chairman and famous billionaire Warren Buffett after a series of delays last year. On Jan. 23, Sun met with Buffett in a private not-for-profit country club in Nebraska, according to a press release shared with Cointelegraph on Feb. 6. The guests also included the founder of Litecoin Foundation, Charlie Lee, the CFO of Huobi, Chris Lee, the head of the Binance Charity Foundation, Helen Hai, and the CEO of eToro, Yoni Assia. Commenting on the much-anticipated event, Sun said: “It was really an honor and …

The Tron Foundation will dedicate its 2020 niTROn Summit to Kobe Bryant, an American NBA superstar who died in a helicopter crash on Sunday. Bryant, a “member of the Tron Family” who is known for participating in Tron’s events, died at age 41 in a helicopter crash near Los Angeles along with his 13-year-old daughter on Jan. 26. Following the tragic news, the Tron Foundation announced that the upcoming niTROn Summit, a major Tron-hosted event that will be held from Feb. 29 to March 1 in Seoul, will be devoted to Bryant. Bryant discussed the future of blockchain at a …

Two former employees at BitTorrent, the peer-to-peer torrent client acquired by Tron in 2018, have sued Tron founder and CEO Justin Sun for alleged labor violations and harassment. Unsealed court documents filed in California on Oct. 28 reveal that plaintiffs Lukasz Juraszek, 28, and Richard Hall, 50, are seeking $15 million in damages against Rainberry Inc. (the legal operating entity for the Tron Foundation), Sun and his head of engineering, Cong Li. The plantiffs’ complaint for damages rests on claims of wrongful termination, racial discrimination, a hostile work environment, fraud and whistleblower retaliation, harassment and unfair employment practices, including labor …

Adult entertainment website Pornhub has added a new cryptocurrency payment option after PayPal had abruptly stopped servicing its models in late 2019. According to a Jan. 23 blog post, Pornhub now supports Tether (USDT) — a major United States dollar-pegged stablecoin — to allow instant and zero-fee payments via the crypto wallet and browser extension TronLink. Pornhub supports Tron-based USDT TronLink is a native wallet for Tron (TRX), the 12th largest cryptocurrency by market cap that is backed by the Tron Foundation. The USDT token became available on the Tron network after Tether and the Tron Foundation partnered and released …

On Dec. 18 Cointelegraph reported that Tron (TRX) founder Justin Sun publicly pledged to donate $1 million to Swedish activist Great Thunberg to raise global awareness of the climate crisis. Following the COP25 UN Climate Conference in Madrid, Sun tweeted: Although Sun has pledged a donation of $1 million to Greta Thunberg’s campaign, it was left unclear as to how cryptocurrency would help reduce carbon footprints through the creation of decentralized settlements. Regarding this, Sun told Cointelegraph that decentralized settlements and decentralized finance platforms are run by computers on cloud computing systems. In turn, this eliminates the need for paper …

Tron (TRX) founder Justin Sun admitted to being one of the investors that recently acquired cryptocurrency exchange Poloniex from financial technology firm Circle. Sun said he was one of the investors who acquired the trading platform in a livestream published by the official Poloniex Twitter profile on Nov. 12. Furthermore, he noted that the exchange operates independently from his firm, the Tron Foundation. In October, Sun refuted reports suggesting that he is leading an investment group behind the acquisition of cryptocurrency exchange Poloniex. Following the acquisition, Poloniex spun out from Circle as an independent company. During the livestream, Sun claimed …

Justin Sun has teased an upcoming announcement that involves Tron (TRX) partnering with an unnamed “mega corporation.” “Make a guess?” Sun, the master of hype and CEO of Tron, took to Twitter on Oct. 25 where he made one of his infamous announcements in order to excite his followers with a message that barely contains enough details to even describe what the announcement could be about. This time around, Sun started off by saying that Tron will be partnering with a corporation that would seem to be valued at somewhere $100 billion. He went on to invite guesses. The tweet …

The amount of Tether (USDT) tokens issued on the Tron (TRX) blockchain now accounts for nearly 12% of all USDT tokens. 350 million to 450 million in one day Launched in mid-April 2019, TRC20-based USDT has hit a total supply of over 490 million tokens on Oct. 25, which now makes up almost 12% of the 4.1 million Tether tokens currently in circulation, according to data on Tronscan. TRC20-based USDT on Tronscan The new total supply milestone resulted following the addition of 100 million new TRC20-based USDT tokens, as the Tron Foundation confirmed on Oct. 25. More 40 million USDT …

Tron (TRX) founder and CEO Justin Sun has possibly refuted recent reports suggesting that he is leading an investment group behind the acquisition of cryptocurrency exchange Poloniex. In a tweet published on Oct. 19, Sun has claimed that he is “not buying anything,” noting that he is an investor and disclosing some of his crypto assets: “Just invest some and help out my friends. Actually I have a huge bag of $BNB, $HT, $OKB etc and bet on all exchanges that support $TRX & $BTT.” As Cointelegraph reported on Oct. 18, the United States-based crypto exchange Poloniex is spinning out …