Justin Sun Says Proof-of-Work 'Essential' Part of Ethereum
Tron founder Justin Sun joined CryptoX TV’s “First Mover,” to discuss his support for an Ethereum fork. Source
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Justin Sun Backs Ethereum Hard Fork as Merge Approaches
Developers say the move away from a proof-of-work (PoW) system will make the network much cheaper, faster and environmentally friendly. It will also mean the end of an income stream for Ethereum miners, who are rewarded with ether (ETH) tokens for supplying resources to the blockchain. Miners produced over $620
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Justin Sun – Altruism or Greed? – Blockchain News, Opinion, TV and Jobs
By Marcus Sotiriou, Analyst at the publicly listed digital asset broker GlobalBlock Bitcoin dropped around 5% over last weekend, the week started at around $20,500 at time of writing. The
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Tron’s Stablecoin Peg to Dollar Wobbles; Justin Sun Swears to Deploy $2B to Prop Up
Tron founder Justin Sun tweeted Monday that the funding rate on the Binance exchange for betting against, or "shorting," the Tron blockchain's native TRX token stood at negative 500%, a whopping rate that suggests many investors are clamoring to get into that trade. According to Sun, TronDAO “will deploy $2
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Snoop Dogg, Justin Sun Up Jack Dorsey’s Web5 by Saying they Are Working on Web6
Key takeaways: Snoop Dogg and Justin Sun have stated that they are working on Web6. Jack Dorsey had earlier announced that TBD was working on Web5 on the Bitcoin Network. The founder and former CEO of Tron, Justin Sun, has announced via Twitter that he is working on Web6. Mr. Sun’s Tweet comes on
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Justin Sun Talks USDD Stablecoin in Wake of LUNA/UST Unravel
The controversial crypto entrepreneur explains how an algorithmic stablecoin can still succeed while denying rumors he was behind the de-pegging of Terra’s failed UST. Original Source
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‘Revolution’ Promised by Tron’s Justin Sun Looks Like Clone of Terra’s Algorithmic Stablecoin
JustLend, the biggest of the three, has $1.9 billion of deposits, but only $67 million borrowed, meaning that only 3.5% of the funds are actually used. JustStables, a DeFi system that already issues a dollar-pegged stablecoin (USDJ) on Tron, has $1.3 billion in deposits, but only $288 million in stablecoins
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Mining Gets Its Moment Under the Sun
“Last year, it wasn't that [mining] was an afterthought, but it didn't have nearly the pull or the promotion from the conference,” Whit Gibbs, the founder and CEO of bitcoin mining and services company, Compass Mining, told CoinDesk from the exhibition floor. “And this year…they promoted [the mining stage], they've
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On Chinese Social Media, Justin Sun Says He Hopes to ‘Strengthen Cooperation’ With Russia
“My guess is simple – it is difficult to write about fundraising for Ukraine in Weibo, given Chinese censorship and predominant pro-Russian narrative,” said Igor Denisov, senior research fellow at the Moscow State Institute of International Relations’ institute for international studies in an email to CoinDesk. (Sun’s Weibo posts on
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