Justin Sun, founder of the Tron blockchain ecosystem, clarified the reasons behind his drive to bring meme coins to the Tron network. According to Sun, the Tron blockchain has the upper hand compared to other chains, being home to $ 60 billion USDT. “No other blockchain protocol’s got a liquidity pool this massive,” Sun …
Tron Founder Justin Sun Calls on China to Warm up to Bitcoin
Justin Sun, the founder of Tron, has called for China to open up to Bitcoin. According to Sun, China’s embrace of crypto would benefit the entire cryptocurrency space, providing a counterpart to the U.S. China’s ban on bitcoin and cryptocurrency mining altered the industry landscape in 2021, leading to a significant exodus of miners that […]
SEC Charges Bitclout Founder With Multi-Million-Dollar Crypto Fraud
The U.S. Securities and Exchange Commission (SEC) has charged Nader Al-Naji, founder of Bitclout (now Decentralized Social), with running a multi-million-dollar fraudulent crypto scheme. Al-Naji allegedly raised over $ 257 million through unregistered sales of Bitclout tokens (BTCLT) and used the funds for personal expenses. He attempted to evade regulatory scrutiny by portraying Bitclout …
Skybridge Founder: Kamala Harris Open-Minded About Crypto
Anthony Scaramucci, founder of Skybridge Capital, believes that U.S. Vice President Kamala Harris is open-minded about crypto. Criticizing the narrative that her administration is hostile toward cryptocurrency, he predicted that SEC Chair Gary Gensler will be fired and Senator Elizabeth Warren will be sidelined as financial services czar in a Harris administration. “Let’s keep crypto […]
Craig Wright’s Web Portal Removes False Claims, Site States He is Not Bitcoin’s Founder
As news emerged about British High Court Judge James Mellor’s referral to prosecute Craig Wright for perjury, Wright’s website, craigwright.net, now displays a legal notice stating he is not Satoshi Nakamoto, the creator of bitcoin. The main page of the web portal hosts the notice, which reads: “Dr Wright is not the author of the […]