The 1 Million Bitcoin Manhunt Continues – Was Satoshi Nakamoto from London?

Tea time for Bitcoin? – More than 12 years after the publication of the original white paper of the Bitcoin network, the mystery remains around its creator, only known under the pseudonym of Satoshi Nakamoto . However, new clues introduce the hypothesis that the inventor of Bitcoin resided in England.

The London track closely scrutinized

According to Doncho Karaivanov , who publishes his analysis in The Chain Bulletin , London is the most likely place where Satoshi Nakamoto worked on the Bitcoin Evolution project between the years 2008 and 2010.

Before claiming that the creator of Bitcoin lived in the capital of the United Kingdom, the author first analyzed 3 of his communication elements :

The compilation of all these activities, below, allows us to see the periods of work favored by Satoshi. Unfortunately, this first methodology does not – in any case, not on its own – to say with certainty that Satoshi was London at the time of the creation of Bitcoin.

These time slots allow, on the other hand, to exclude the hypothesis of a Japanese or Australian Satoshi ( cuckoo, Craig Wright! ) … unless the inventor of Bitcoin is “a vampire” who only liked to work. in the middle of the night , past midnight, to use the words of our investigator.

The genesis block , the key to the mystery of Nakamoto?

Doncho Karaivanov, on the other hand, fleshed out this British location of Satoshi with the famous extract from The Times newspaper , included in the very first block – the genesis block – of the Bitcoin blockchain, on January 3, 2009 .

According to the analyst, only the English print edition of The Times included the headline that was included at the start of Bitcoin (opposite), as a critique of the economic system and the 2008 financial crisis .

Indeed, the online edition of The Times included the name of the British Chancellor (Alistair Darling) additionally in the title. The American edition , on the other hand, did not have this (Anglo-centered) story on its main page.

Another very British clue , according to Doncho Karaivanov: Satoshi’s spelling preferences . Indeed, the latter has always favored the endings of words in “-ise” and “our” , rather than the more American endings in “-ize” and “-or” . This example of English words he used seems to prove it: “organize, analyze, neighbor, color” . The use of the word “bloody” would also be very British.

Visa CEO is “very interested in cryptocurrencies”

After PayPal, Visa? The CEO of the electronic payments giant has communicated his interest in cryptocurrencies. But only certain cryptocurrencies …

Visa takes a look at cryptocurrencies

Visa CEO Alfred Kelly made the remark in an interview with CNBC in mid-November. Asked about Visa’s actions in the cryptocurrency sector, he explained:

“The crypto asset s is a global payments sector development. They are at an early stage right now, and we are very interested in cryptocurrencies . ”

Will Visa then follow in the footsteps of Crypto Bank, which recently opened up cryptocurrency purchases and sales to its users ? Not really, according to Alfred Kelly. Visa CEO explains that the company is not interested in cryptocurrencies that are unrelated to fiat currencies:

“We are interested in the crypto that can ultimately be based on d u fiat , so that there is a clear understanding of the value [that is exchanged] for a purchase of goods or services. ”

Cryptocurrency services with Visa?

The CEO recalls that the company is already working with 25 crypto companies, to build bridges between Visa payments and cryptocurrencies. Alfred Kelly further explains that the company is monitoring the development of central bank digital currencies (MNBCs):

“We expect to work with central banks around the world , to help them develop a digital currency for the future. In the end, I can consider digital currency transfers on our Visa network on a more regular basis. ”

The CEO of Visa explains that his company wants to be “ at the heart” of the development of new means of payment, including cryptocurrencies… In particular in emerging markets , where many people do not have a bank account. But he still recalls that according to him, the arrival of cryptocurrencies on the Visa network ” will take a few more years” .

We therefore note the caution of Visa, which does not comment on “classic” cryptocurrencies and prefers to mention crypto-assets based on fiat. But if the giant wanted to speed up its consideration of crypto, it could give a new boost to the sector , as was the case with PayPal.

Cyril Paglino becomes CEO of TON Labs, Telegram’s ex-project

Cyril Paglino, the founder of Starchain Capital, has been chosen to lead TON Labs. Will the open source version of Telegram’s project manage to find a place for itself after the initial project’s setbacks with the SEC? We asked Cyril Paglino on the subject.

Cyril Paglino appointed CEO of Ton Labs

Cyrile Paglino has not only distinguished himself in the French-speaking crypto sphere by having a pass with Bruno Le Maire on the subject of cryptocurrencies. He founded Starchain Capital , which notably supported the Dune project (DUN) and participated in the development of The Garage, the incubator of blockchain startups located in Paris. More recently, Cyril Paglino therefore became CEO of TON Labs , the main developer of Free TON, which brings together 65 engineers.

Free TON was launched as an alternative to Telegram’s payment network. As a reminder, the messaging service engaged in a particularly fierce legal battle with the SEC, which prevented it from releasing its TON network and its cryptocurrency: the Grams. But the community had taken over, releasing free versions of the network.

Continue to keep the TON network alive

According to Cyril Paglino, it is essential for TON Labs to continue to bring the project to life after the failure of Telegram:

“Pavel Durov officially announced on his blog a few months ago that he was withdrawing from the project, following the SEC decision. TON The network has therefore é t é offered as open source, at the request of Pavel who said: ” I hope someone will take over the project , and will find success where we (Telegram) have failed.” ” .

The task will not be easy without the support of Telegram, but Cyril Paglino explains that he is confident in the future of TON Labs and the Free TON project. He explains that Free TON has a unique partnership model, with “ 90% of the token supply available and being distributed on a case-by-case basis, according to the will of the community which is 100% decentralized, to projects and partners who wish to use Free T ON ” .

In addition, Cyril Paglino explains that the technology developed by TON Labs is particularly solid, thanks to the initial support from Telegram:

“[The technology] is by far the most advanced on the market, it scales up to 1 million transactions per second , with type 3 smart contracts, and can now offer a 100% decentralized backend service to of businesses or services of hundreds of millions of members, which is not the case with other flat e forms of the market and will not be the case a few years before e es. “

Prévision de prix Bitcoin Cash: BCH / USD dépasse 255 $, à quoi s’attendre?

Prédiction de prix BCH – 16 novembre

Le prix du Bitcoin Circuit affiche une incroyable hausse intrajournalière alors qu’il passe de 246 $ pour atteindre le sommet quotidien à 260 $.
Marché BCH / USD

  • Niveaux clés:
  • Niveaux de résistance: 280 $, 290 $, 300 $
  • Niveaux de support: 225 $, 215 $, 205 $
    BCHUSD – Graphique journalier

BCH / USD oscille actuellement à 252,58 $ après avoir touché le jour à 260,51 $. Le prix du BCH se concentre sur l’élan haussier après une cassure durable au-dessus des moyennes mobiles de 9 jours et 21 jours. Plus encore, la pièce gagne plus de 2,27% en 24 heures, car elle utilise un support de 245 $ comme tremplin pour développer l’élan à la hausse, qui gagne maintenant du terrain.

Où va BCH Price?

À la hausse, si le BCH / USD se déplace à nouveau au-dessus des moyennes mobiles, le prix du marché pourrait probablement entrer dans une autre résistance à 265 $ et 275 $ respectivement. De même, l’indicateur technique RSI (14) montre que les taureaux sont prêts pour l’action. Par conséquent, tout autre mouvement haussier pourrait ouvrir la voie aux niveaux de résistance de 280 $, 290 $ et 300 $.

D’un autre côté, si le prix tombe en dessous de la limite inférieure du canal, le marché peut être contraint soit de limiter la fourchette, soit de commencer un mouvement à la baisse, ce qui peut porter un coup dur aux sentiments du marché, car les traders pourraient l’interpréter. comme signe de faiblesse sous-jacente. Le prochain support disponible peut coûter 235 USD, suivi de niveaux de support de 225 USD, 215 USD et 205 USD.

Contre BTC, comme le révèle le graphique journalier, les baissiers sont vus en action, faisant baisser le prix du marché. Cependant, suite au récent signe négatif, la paire peut continuer à suivre la tendance baissière si les acheteurs ne parviennent pas à pousser le prix au-dessus des moyennes mobiles de 9 et 21 jours.

BCHBTC – Graphique journalier

Cependant, comme l’indicateur technique RSI (14) évolue dans la zone de survente, le marché peut rester à la baisse, mais une fois qu’il sort de cette zone, le prix du marché peut probablement reprendre une tendance à la hausse qui peut pousser le prix vers le niveau de résistance. de 0,017 BTC et plus, mais un nouveau test pourrait réduire le prix à 0,13 BTC et moins.

Bloomberg analyst: $1 trillion market capitalization is the “next big thing” for Bitcoin

Bitcoin’s price is clearly trending toward an order of magnitude in profits, argues Mike McGlone, as it quickly recovered to the $16,000 level.

That the price of Bitcoin (BTC) is once again reaching its historic peaks of USD 20,000 is not the end, but the beginning of its explosion into a USD 1 trillion asset, says a senior analyst at Bloomberg.

In a tweet on November 16, when the BTC/USD rebounded to USD 16,000, Mike McGlone, senior commodity strategist at Bloomberg Intelligence, delivered a new bullish forecast for the largest capitalized crypt currency.

Bloomberg Intelligence: BTC to Continue Rising in 2021
Bitcoin saw lower levels over the weekend, dropping briefly to $15,800 before rising sharply on Monday to see peaks of $16,400 by the end of this edition.

Willy Woo: Bitcoin’s price will peak in December 2021 when the “main upside” begins
“USD 20,000 is the main obstacle to the USD 1 trillion market Bitcoin Method review capitalization for #Bitcoin: the digital version of #gold, but with a more limited supply and a history of adding zeros, it appears to be in an early stage of price discovery and may simply continue its ascent in 2021,” wrote McGlone.

“Widespread adoption is increasing.

Bitcoin market capitalisation vs. historical price chart. Source: Mike McGlone/ Twitter
An accompanying graph describes a market capitalization of USD 1 trillion as the “next big thing” for Bitcoin.

McGlone is known for its increasingly positive outlook for Bitcoin. As Cointelegraph reported, in September, it argued that Bitcoin should, in fact, be traded at USD 15,000 on a going concern basis, something that soon became a reality.

Citibank analyst makes Bitcoin provisional forecast of $318,000 by December 2021
Brandt notes that the bullish race is still in the early stages
McGlone is far from being the only market veteran to bet on Bitcoin’s lucrative prospects in its current upward trend.

On Monday, trader Peter Brandt suggested that, based on previous upturns in 2013 and 2017, current price behavior was only the beginning of the cycle.

“During the 2015-2017 bull market in Bitcoin $BTC, there were 9 significant corrections with the following averages: 37% decline from peaks to troughs, 14 weeks from one historical peak to the next historical peak,” he explained.

“Since the early September low there have been two 10% corrections”.

Table of highlights of Peter Brandt’s Bitcoin bullish rally. Source: Peter Brandt/ Twitter
Stocks Rise, Dollar Falls: 5 Things to Watch Out For About Bitcoin This Week
Statistician Willy Woo also believes that there is much more mileage left in the current upward trend. His argument was based on Bitcoin’s Relative Strength Index (RSI), which he described as “just a warm-up”.

Beyond Bitcoin circles, a Citibank market analyst announced this week that he expected a Bitcoin price of $318,000 by December next year.

En av de største Bitcoin-hvalene i historien har nettopp flyttet $ 225.000.000 i BTC – her er krypten på vei

En av de rikeste Bitcoin-hvalene i historien flytter plutselig en massiv kryptofortune til hundrevis av millioner dollar.

En anonym hval flyttet nettopp 14.623 BTC til en verdi av 225 millioner dollar mot et gebyr på bare 5,47 dollar.

Transaksjonen ble opprinnelig oppdaget av det automatiske blockchain-sporingsverktøyet Bitcoin Block Bot.

I henhold til de siste dataene om blokkutforskere flyttet kryptoholderen BTC til tre separate adresser.

En ukjent lommebok med totalt fem transaksjoner mottok 14.692 BTC. En andre lommebok mottok en BTC og en tredje lommebok mottok mindre enn en Bitcoin.

BitInfoCharts viser at hvalen opprettet den originale lommeboken 6. november. Lommeboken begynte å motta betydelige mengder BTC samme dag på vei til å bli den 50. rikeste lommeboken som eksisterte 10. november.

Hvalen som er involvert, kan muligens være en institusjon eller en kryptovokter som administrerer BTC på vegne av sine kunder. Enheten kan også flytte kryptoaktiva over flere lommebøker for sikkerhetsformål.

Ingen av lommebøkene det er snakk om har kjent lenker til et selskap som investerer eller jobber i kryptoindustrien. Bitcoin har heller ikke blitt flyttet til noen kjente adresser som eies av kryptobørser, der den kan selges og handles på det åpne markedet.

En toppregulator forklarer betydningen av kryptovaluta i det nåværende økonomiske klimaet og i fremtiden for bankvirksomhet for det amerikanske senatet.

Som en del av hans vitnesbyrd under en høring i Senatskomiteen for bank-, bolig- og byspørsmål, ga sjef for kontoret til valutaovervåkeren (OCC) Brian Brooks detaljer om innsatsen OCC tar for å sikre føderal banksystemet fortsetter å være en kilde til styrke og lettelse for forbrukere, bedrifter og underbetjente samfunn under pandemien.

Brooks fremhever viktigheten av innovasjonene i kryptovaluta som har vært til fordel for millioner av amerikanske forbrukere og bedrifter.

“I dag eier omtrent 60 millioner amerikanere en eller annen type kryptovaluta, med en samlet markedsverdi på nesten 430 milliarder dollar. Disse tallene illustrerer tydelig at denne betalingsmekanismen nå er fast forankret i den finansielle mainstream.

Kryptovaluta har blitt en populær mekanisme for sending og mottak av betaling for varer og tjenester fordi transaksjoner postes i sanntid og gir bekvemmelighet og sikkerhet. Cryptocurrency beskriver også kategorier av spesifikke valutaer av verdi, og økningen i bruken av stablecoins viser forbrukernes komfort med bruken. ”

Ettersom amerikanerne fortsetter å omfavne innovasjon og nye måter å få tilgang til finansielle tjenester på, sier Brooks at OCC har en forpliktelse til å gi regulatorisk veiledning, fremme ansvarlig innovasjon og støtte utviklingen av sikker, forsvarlig og rettferdig økonomisk infrastruktur.

For det formål beskriver Brooks viktige skritt tatt av OCC i 2020 for å gi regulatorisk klarhet innen kryptoindustrien.

“22. juli 2020 publiserte OCC et tolkningsbrev som tydeliggjorde nasjonale bankers og føderale spareforeningers myndighet til å tilby kryptovaluta-forvaringstjenester til kunder. Nasjonale og statlige banker og banker har lenge levert oppbevaringstjenester, inkludert fysiske gjenstander og elektroniske eiendeler. OCC har spesifikt anerkjent viktigheten av digitale eiendeler og myndighet for bankene å oppbevare slike eiendeler siden 1998. ”

I september publiserte OCC et annet tolkningsbrev som autoriserte føderale chartrede banker til å holde stabile valutareserver på vegne av utstedere, forutsatt at bankene overholder forskriftene mot hvitvasking av penger, og innfører mekanismer for å sikre at kundene har nok eiendeler til å støtte sine innskudd.

Bitcoin Cash Hard Fork: Hva du trenger å vite

Bitcoin Cash er satt til en nettverksoppgradering denne måneden. Her er hva oppgraderingen innebærer, og hva det betyr for kryptosamfunnet.

Bitcoin Cash er satt til en nettverksoppgradering 15. november 2020.

En BCHN-versjon av oppgraderingen inkluderer et nytt og ukontroversielt gruvesystem

Bitcoin Era utviklingsteamet har foreslått en alternativ oppgradering som også omdirigerer 8% av gruvebelønningene.

Bitcoin Cash-blockchain er satt til å gjennomgå en omstridt nettverksoppgradering denne måneden, som kan dele mynten i to – og ikke for første gang .

Den foreslåtte oppgraderingen, i det minste for BCHN-versjonen, introduserer en ny gruvedriftsalgoritme og er allment akseptert. Likevel ble talsmenn for mynten, som er femte på verdensbasis, overrasket da Bitcoin ABC-utviklergruppen foreslo en alternativ oppgradering som la til et ytterligere element som ville avlede 8% av blokkbelønningen fra Bitcoin Cash-gruvearbeidere.

ABC-lagets forslag, kalt “Bitcoin ABC”, ville gi pengene i hendene på sitt eget utviklingsteam

Ideen er ikke noe nytt; personvernmynt Zcash har hatt et lignende fond i mange år. Imidlertid så de i Bitcoin Cash-samfunnet dette som et pengegrep og følte at det stred mot myntenes desentraliserte etos.

“Å omdirigere en del av #BitcoinCash-belønningen for å betale et enkelt utviklingsteam er en sentral planleggeres drøm som går i oppfyllelse. Vennligst stopp, ”sa Ver, i en tweet i august.

Simple Ledger Protocol, en protokoll som tillater utstedelse av sikre tokens på Bitcoin Cash blockchain, sunget en lignende melodi. “Vi anser ikke en protokoll som omdirigerer myntbaserte belønninger, som Bitcoin Cash (BCH), spesielt når en slik regel ensidig ble kunngjort,” sa en talsperson for protokollen, i et blogginnlegg .

Nettverksoppgraderingen er satt til 15. november, og det mest sannsynlige scenariet er at flertallet av gruvearbeidere vil støtte BCHN-versjonen, i motsetning til ABC-lagets versjon, med ABC-versjonen som blir en minoritetskjede. Dette er et konsept kjent som “splitting” når en blockchain-oppgradering viser seg å være splittende og blockchain blir to separate kjeder, hver med sin egen verdi.

Square’s Q3-winstcredits Bitcoin met 32m, zal het stijgen met BTC Bull Run

Jack Dorsey’s Square Inc heeft een enorme Q3 bitcoin opbrengst van meer dan 1 miljard dollar geregistreerd. Het Quarter 3 rapport van de Square inkomsten werd gepubliceerd. Bovendien is de brutowinst van de bitcoin tijdens de periode 32 miljoen dollar. Bovendien stijgt de marktwaarde van Sqaure Inc. met 4,2% sinds de publicatie van het rapport.

De hoogtepunten van de verslagen zijn

  • De inkomsten van Square’s Cash App stegen met 212% YoY met een stijging van het aantal gebruikers. Ook de bitcoin verkoop maakte bijna 79% van de Cash App omzet uit, vergeleken met 48% een jaar geleden.
  • De brutowinst in Q3 is $794 miljoen en de brutowinst van Cash App bedraagt $385 miljoen, wat neerkomt op 8,3% van de totale brutowinst van Cash App, vergeleken met 1,6% in het voorgaande jaar.
  • De inkomsten van Bitcoin overtreffen de inkomsten uit abonnementen & diensten en andere transacties.
  • Bijna $250 miljoen is uitgegeven aan de kaart tijdens het derde kwartaal.
  • De dagelijkse activiteit op Cash App is toegenomen tot 23% in Q3 vergeleken met 18% in Q2 en 15% in Q1.

De impact op Square Inc

  • De vierkante $SQ voorraad was zo veel omhoog zoals 8% en bij de hoogtepunten van alle tijden bij $191 nadat de driemaandelijkse inkomens werden gezet.
  • Bijna 2.5 miljoen Cash App klanten hebben $SQ voorraden gekocht.
  • De opbrengst van het Vierkante Inc. in totaal is veel hoger dan het vorige kwartaal.

Zal Square’s $SQ stijgen met de Bitcoin Bull Rally?

De Bitcoin-prijs gaat door met zijn grote doorbraak door in een stierenjacht te gaan. Het registreert de hoogste niveaus van 2020 en momenteel trends rond de $15500. Er wordt echter verwacht dat de prijs de komende week in de buurt van $17K – $18K zal komen.

Zoals Coinpedia eerder meldde over de strategieën die de MNC’s toepasten om meer winst in hun schatkisten op te tellen met behulp van Bitcoin, wordt de gelijkaardige trend ook gezien met de aankondiging van het huidige Square Q3-rapport.

Voorheen, toen Bitcoin moeite had om het $11000 niveau te doorbreken, was het na de BTC aankondiging van Square, de BTC-prijs steeg tot boven de $12.000. In dezelfde tijd raakte de voorraadwaarde van $SQ de hoogtepunten van de tijd, die tot op heden zelden een grote dumpdown hebben meegemaakt.

Gezien het huidige scenario tijdens de lopende Bitcoin-stierenloop, toen de hele cryptogemeenschap gek is achter Bitcoin, bracht het Square het Q3-rapport uit en was de bijdrage van de Bitcoin aan de inkomsten van het Square het middelpunt van de aantrekkingskracht.

De immense adoptie van de Cash App die de inkomsten verhoogde, zou een van de redenen kunnen zijn van de sprong in de waarde van $SQ.

Wat denkt u dat $SQ zal stijgen met de Bitcoin-stierenloop die naar verwachting zeer binnenkort $20.000 zal raken!

Dipendente Microsoft condannato a 9 anni nel primo caso Bitcoin negli Stati Uniti in cui è stata commessa una frode fiscale

Un cittadino ucraino è stato condannato a nove anni di prigione in quello che l’IRS descrive come il “primo caso Bitcoin degli Stati Uniti [con] una componente fiscale”.

Un ex ingegnere di Microsoft è stato condannato

Un ex ingegnere di Microsoft è stato condannato a nove anni per aver rubato più di 10 milioni di dollari di valore digitale al suo passato datore di lavoro sotto forma di “valuta memorizzata” (CSV), incluse le gift card.

Volodymyr Kvashuk, un cittadino ucraino di 26 anni residente a Washington, ha usato i conti e le identità dei suoi colleghi per rubare e poi vendere il CSV – facendo sembrare che i suoi colleghi fossero responsabili della frode.

Kvashuk ha anche usato un servizio di miscelazione Bitcoin (BTC) per offuscare ulteriormente le tracce cartacee, dicendo all’Internal Revenue Service che i 2,8 milioni di dollari di crypto che passavano attraverso i suoi conti doni erano stati inviati da un parente. Secondo il Dipartimento di Giustizia degli Stati Uniti:

“Nei sette mesi di attività illegale di KVASHUK, circa 2,8 milioni di dollari in Bitcoin sono stati trasferiti sui suoi conti bancari e di investimento. KVASHUK ha poi presentato una falsa dichiarazione dei redditi, sostenendo che il Bitcoin era stato un regalo di un parente”.

Kvashuk ha lavorato alla Microsoft dall’agosto 2016 fino al licenziamento nel giugno 2018

Secondo l’agente speciale dell’Internal Revenue Service (IRS) Ryan Korner, la sentenza è “il primo caso di Bitcoin della nazione che ha una componente fiscale”. Korner ha affermato che la sentenza sottolinea la crescente sofisticazione della divisione criminale dell’agenzia nell’identificare le transazioni di beni criptati non dichiarati:

“In parole povere, la sentenza di oggi dimostra che non si può rubare denaro via Internet e pensare che il Bitcoin nasconda i propri comportamenti criminali”.

Brian Moran dell’Ufficio del Procuratore degli Stati Uniti ha detto:

“Rubare al tuo datore di lavoro è già abbastanza brutto, ma rubare e far sembrare che la colpa sia dei tuoi colleghi allarga il danno oltre i dollari e i centesimi”.

Kvushuk è stato giudicato colpevole di 18 reati federali, tra cui sei capi d’accusa per riciclaggio di denaro sporco e due capi d’accusa per aver presentato una falsa dichiarazione dei redditi. L’ucraino ha utilizzato i fondi rubati per l’acquisto di una casa sul lago da 1,6 milioni di dollari e di un veicolo Tesla da 160.000 dollari.

Le accuse di evasione fiscale sono state livellate su numerosi schemi criminali nel corso della storia degli Stati Uniti. Il boss gangster dell’era del proibizionismo Al Capone ha passato notoriamente sette anni in una prigione federale a partire dal 1931, dopo essere stato giudicato colpevole di evasione fiscale.

TRON network under attack, much to Justin Sun’s delight

The TRON network suffered an attack during its recent update. And the creator of the project, Justin Sun, took the opportunity to self-promote …

TRON network attack yesterday

The attack was announced by the boss of Bitcoin Evolution in a Twitter thread posted yesterday . Justin Sun explains that the network was attacked by a hacker as the mainnet updated to version 4.1 :

“This attack used the authority that was given to the contract developer. The attacker initiated malicious transactions, which forced the “super representatives” to suspend production of the blocks .”

As a reminder, the super representatives, numbering 27, are the people or entities that manage the TRON blockchain. They are the ones who produce the new blocks and who validate them. The TRON network is widely criticized for its centralization considered excessive because of their reduced number. On the other hand, “Super Representatives” are supposed to be elected by the TRON community, but in fact Justin Sun himself has used his funds to place his friends and businesses like Poloniex.

The centralization of the network still in question

It is not known what exactly the attacker was looking to do. Justin Sun explains that it was about stealing funds. The founder of TRON casts a self promotion in passing:

“As the most active blockchain in the industry , the attacker sought to profit from the suspension of production of the blocks. The TRON community responded immediately, however, locating the problem and fixing it immediately, while working with the Super Reps to update the nodes. ”

The TRON network was offline for about two hours and then returned to normal. Justin Sun confirms that the TRON attack did not affect users’ TRXs, and that all funds are safe.

The founder of TRON therefore draws an exaggerated conclusion to say the least:

“[TRON] withstood this massive attack once again, proving that the TRON network is the decentralized network with the most resilience and the best defense capabilities in the industry ! ”

The analysis is however shared by fans of TRON, whose quality of memes will be left to you to judge:

Effects on the price of TRX

Following this attack, the price of TRX experienced a fairly marked fall. Over the last 24 hours, it has lost more than 10% and is currently trading against 0.023 dollar, whereas it exceeded 0.027 dollar a week ago.

That Justin Sun chose to turn an attack on the TRON network into a marketing opportunity is hardly a surprise. This shows, however, that TRX fans are ready to bypass the centralization of the network in order to follow its creator to the end …