The Tron Foundation’s focus on developing Tron and BitTorrent’s [BTT] ecosystem failed to help the coin climb the cryptocurrency list. However, Tron and BitTorrent CEO, Justin Sun, claimed a few days ago that Tron would be back in top-10 by June and BTT would enter the top 30 by Q2.
In a recent interview with Bitcoin magazine, Sun spoke about the recent Binance hack, stating that his move to donate a sum equivalent to the stolen amount to the exchange was intended to reduce panic in the community and called it a “small setback”.
Sun also supported Changpeng Zhao of Binance on his take on Craig Wright, the Bitcoin SV [BSV] proponent. Sun said,
“I totally agree with CZ on Twitter. Craig Wright is always trying to bully people for legal because he knows he may not win the lawsuit itself, but he can sue the people because those people, they can’t afford the price for the lawyer and those legal fees.”
Sun pledged $200k to the Binance charity fund to help those people involved in legal suits against Craig Wright. Sun also spoke about the long-term friendship he shared with CZ, stating that they have a relation of “pure collaboration”, something reflected by Binance’s decision to add Tron [TRX] and BitTorrent on its platform before any other exchange.
Sun also announced the launch of a BTT wallet and token on uTorrent and BitTorrent by Q2, which has over 1 million active users around the world. Sun seemed pretty confident in the utility token BTT and added,
“We already run by the test, like a lab test. It gave a dramatic improvement of the network.”
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Bitcoin SV briefly soars by 116% in an hour, reaching five-month high
Bitcoin SV, the fork coin, pumped by 116% in an hour and reached $135 very briefly; this happened after CoinGeek’s article claimed that Craig Wright was granted US copyright registrations for Bitcoin whitepaper.
As seen in the chart below, the price hit $135 in an instant and dropped down to $107, at press time. The coin, which was trading at $65 rose dramatically after the article was published, which does not seem like a coincidence.
The article stated:
“Craig S. Wright has been granted U.S. copyright registrations for the famed original Bitcoin white paper, and most of the original Bitcoin code (version 0.1)… This is the first government agency recognition of Craig Wright as Satoshi Nakamoto, the creator of Bitcoin”
Calvin Ayre tweeted:
— Calvin Ayre (@CalvinAyre) May 21, 2019
Peter McCormack, the host of What Bitcoin Did, tweeted:
I have registered the paper "Craig Wright is a Fraud" with the UK Intellectual Property Office.
Any misuse of "Craig Wright is a Fraud" and I will sue you for fraudulently claiming "Craig Wright is a Fraud".
— Dr. Peter McCormack (@PeterMcCormack) May 21, 2019
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