Cryptocurrency 

Embattled Tron Creator Sun Apologizes to China in Deleted Social Media Post

Blockchain platform Tron’s founder, Justin Sun, sparked fresh controversy this week after he first posted and then deleted an online apology in an ongoing PR debacle.  Cryptocurrency-focused news outlet Cryptoslate reported the events, providing their own translation of comments Sun wrote and later removed from Chinese social media platform Weibo on July 25. Sun was due to have lunch with infamous Bitcoin (BTC) naysayer Warren Buffett on Thursday, a date he recently abruptly postponed due to reported ill health.  At the same time, Sun’s intense marketing of Tron, for which…

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Ethereum 

Crypto Markets Turn Red, Indian Stock Markets Post Record Highs Amid Election Results

Thursday, May 23 —  following a mild correction which began yesterday, crypto markets have today tipped into deeper red with bitcoin (BTC) dropping below the $7,600 mark, as Coin360 data shows. Market visualization courtesy of Coin360 Bitcoin has sustained a 4.25% correction and is trading at $7,590 by press time. The top coin has seen considerable volatility this week, posting an intra-week low of under $7,100 on May 17 before surging to the $8,250 mark on May 20. The top coin had brushed $8,300 yesterday, May 16 — a bullish…

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Bitcoin 

Coordinator for Largest Group of Mt. Gox Creditors Leaves Post, Sells His Claim

Andy Pag, the founder and coordinator of Mt. Gox Legal (MGL) — the largest group of creditors of the now-defunct Bitcoin (BTC) exchange Mt. Gox — has quit his post and decided to sell his claim. Pag announced his decision in a letter posted to the MGL contributor forum on April 4. Mt. Gox Legal —  a cooperative of over 1,000 creditors with claims reportedly totaling more than an estimated 125,000BTC (~$649 million at press time) — was formed to seek coordinated legal action to support Mt. Gox’s transition from…

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Bitcoin 

Satoshi Nakamoto’s P2P Profile Makes New Post, Befriends User

An account once associated with Bitcoin (BTC) creator Satoshi Nakamoto on the non-profit global network P2P Foundation posted a one-word status update yesterday, Nov. 29. While the account is tied to Nakamoto’s old email address satoshin@gmx.com — the same address that reportedly uploaded one of the early Bitcoin papers to P2P back in 2009 — the same email was allegedly hacked in November 2014, four years after Nakamoto’s withdrawal from traceable online activity in late 2010. The meaning of yesterday’s update, which reads simply “nour,” in quotation marks, is not…

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