“Crypto mom” Hester Peirce has slammed the SEC’s $10-million settlement with Poloniex, challenging the opaque regulations that U.S.-based crypto firms must navigate.
Tron News
Launched in June 2018, Tron is a blockchain-based smart contract platform for powering decentralized applications, or DApps, competing with similar platforms such as Ethereum, Tezos, Cardano and EOS. The blockchain is secured through a delegated proof-of-stake system that sacrifices some degree of decentralization for speed and efficiency. The network is powered by its native protocol token, TRX, which is used for payments, miner rewards and voting.
The project’s reveal proved controversial when it was discovered that the white paper had been largely plagiarized, directly copying material from high-profile works such as Ethereum, the InterPlanetary File System, distributed hash tables, etc. Founder Justin Sun has claimed this was the fault of volunteer translators.
The Tron long-term roadmap consists of six phases that consecutively roll out new initiatives to provide P2P file sharing (now supported by Tron’s acquisition of BitTorrent), content creation, crowdfunding and gaming.
While most of Tron’s network activity is currently driven by gaming and gambling DApps, Sun’s strategic acquisitions clearly slot themselves within the roadmap, perhaps with the intention of accelerating development and adoption without building from nothing.
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1396An oracle system has launched on Binance Smart Chain — enhancing DApps by allowing smart contracts to access real-world data.
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16292The crypto-powered streaming platform DLive has come under fire after far-right extremists used the service to livestream this week’s violent insurrection at the U.S. Capitol.
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11351The Tron Foundation has filed a motion to dismiss a lawsuit from plaintiffs alleging securities violations with its $70 million 2017 ICO.
9737The Tron Foundation has taken the decision to provide an “internal transfer” option for TRX holders affected by the OKEx withdrawal freeze.
6861Tron’s primary DeFi project whitelisted what looks like a scam.
23763A new project says it is delivering the first public oracle system on the TRON network — a milestone that’s expected to expand the blockchain’s use cases.
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