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Tron Foundation Announces Top 5 Winners of Community Developers Incentives Program



TRON Foundation has announced the news of the Five Lucky Winners of its highly anticipated TRON Core Developers Incentives Program. The event which was kickstarted two months back has witnessed widescale participation from the developers worldwide.

Through an official tweet on the TRON Foundation official page, the firm announced the names of the top five winners whose projects outshined other developers’ solutions being submitted by the end of November 30, 2019.

The names of the top five

winners of the Community Developers Incentives Programme are:

  1. Richardhallhall who has won 200 USDT
  2. Zara-lang who has won 180 USDT
  3. Tronalex who has won 150 USDT
  4. Parachuteuk who has won 120 USDT
  5. tomos01 who has won 100USDT

The firm has sent its heartiest congratulations to the winners through its post. It has advised the winners to claim their rewards by sending an email describing their USDT address to [email protected] The winners have to send this email via the email they used during the event by the end of December 10, 2019. The cash reward will be sent to the winners in the form of USDT by the month-end.

The post encouraged the participants who failed to grab a position in the top 5 this time. The platform has asked the participants to continue to earn points to win a reward slated for next month or the quarterly reward.

Source: cryptonewsz

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TRON’s founder account on Weibo blocked, TRX/USD feels the pain



  • The “Chinese Twitter” blocked the account of Justin Sun.
  • TRX/USD has been on retreat following the news.

Chinese social media network Weibo, which is often called “Twitter for China,” blocked the account of TRON’s founder Justin Sun.

Dovey Wan, a founding partner of Primitive Ventures, wrote on Twitter: 

BREAKING and FINALLY …  @justinsuntron  ‘s Weibo (Chinese Twitter) account is now officially SHUT DOWN. totally not surprised given how loud he has been on Weibo even after the Buffet Lunch/kidney stone drama… 

Notably, Sun is known for his controversial marketing tactics that are often criticized both in China and around the globe. 

Sun stayed calm and encouraged TRX holders todo the same. He assured TRON users that he would resolve the issue with Weibo via a “direct communication channel.”

TRON is super safu! Just follow me on @justinsuntron. We have a direct channel to Weibo and will get this resolved asap.  

TRON feels the pain

Meanwhile, TRON (TRX) has been losing ground following the news. The 14th largest coin with the current market value of $915 million, has lost over 2.6% on a day-to-day basis to trade at $0.0137 at the time of writing. TRX/USD is also down 6% on a weekly basis and over 31% on a month-to-month basis.

Looking technically,  TTRX/USD is moving within the downside channel. The initial support is created by $0.0133. This barrier is reinforced by the lower line of the daily Bollinger Band and the lowest level of

December 12. Once it is broken, the sell-off may e extended towards $0.0131 (November 25 low) and $0.0123 (the lower line of the weekly Bollinger Band).

On the upside, the initial resistance awaits us on approach to $0.0148. This area limited the recovery at the beginning of December; also, it is reinforced by the middle line of the daily Bollinger Band. Once it is out of the way, the upside is likely to gain traction with the next focus on the confluence of SMA100 (Simple Moving Average) daily and the upper line of the Bollinger Band (currently at $0.0163). 

Considering the downward-looking RSI (Relative Strength Index), the bearish scenario looks more likely in the short run.

TRX/USD, the daily Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility.

Source: fxstreet

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DigiByte Founder Slates TRON As A ‘Chinese Government Scam’



  • According to Jared Tate, the popular TRON cryptocurrency is actually just a government scam.
  • He adds that the token’s listing on Binance.US threatens to undermine faith in American regulatory bodies.
  • Tate was very clear in his opinion of both TRON and the Binance platform.

According to the DigiByte (DGB) founder Jared Tate, the popular TRON Chinese cryptocurrency is actually just a government scam. On top of this, he adds that the token’s listing on Binance.US threatens to undermine faith in American regulatory bodies. Tate reacted this way to recent news that Binance.US would be giving TRON a listing as well as 17 other altcoins.

Tate was very clear in his opinion of both TRON and the Binance platform. The founder has claimed that these projects are equally making fools of the American public.

Taking to Twitter this week, Tate said:

“If American regulators allow @BinanceAmerica to continue operating let alone list the biggest scam in crypto history fronted by the Chinese government to dupe unknowing American citizens there will be an unprecedented

loss of faith in our law makers.”

Messy situation 

It’s safe to say that both Tate and TRON have a bit of a messy situation now.

As per CCN, Tate’s move to call TRON a Chinese government scam could come from Justin Sun’s willingness to “humble himself” before the Chinese leadership in the past.

As previously reported by CryptoDaily, Binance.US revealed that it was looking into new additions to its crypto trading list.

Part of the Binance.US announcement reads:

“Our priority to continue exploring more digital asset listings for our users runs in parallel to our efforts to deliver a mobile application and more access to new states we currently do not operate. Binance.US recognizes that the ease of issuing blockchain tokens and the perceived lack of regulation could make these tokens targets for abuse. Binance.US has both legal obligations and moral duties to shield our users from fraudulent blockchain projects and combat financial crimes.”

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Justin Sun’s Weibo account closed as TRX continues to underperfrom



Weibo, one of China’s major microblogging platforms, is in the news after it blocked the accounts of TRON Founder, Justin Sun, and Binance Co-founder, Yi He, earlier this week.

The move, in turn, has had a direct impact on the price of TRX, TRON’s native token. The cryptocurrency depreciated slightly over the course of 24 hours and was ranked 13th on CoinMarketCap, at the time of this writing.

Post the account closure yesterday, Justin Sun took to Twitter and assured the crypto-community that he would resolve the situation so

on via his direct channels to Weibo.

He tweeted,

“Tron is super safu! Just follow me on @justinsuntron. We have a direct channel to Weibo and will get this resolved asap.”

At the time of writing, Sun had already attempted to register a new Weibo account. However, the same was later shut down by Weibo too. Following the episode, TRON’s CEO urged his Chinese followers to interact with him on Twitter instead.

The same was first broken by Dovey Wan, Founding Partner at Primitive Ventures, who took to Twitter earlier today and said,

“SUN registered a new Weibo account right after the shutdown, and got banned too. He’s been registering new accounts and people have no idea which one is the REAL SUN on Weibo”

However, this isn’t the first time a crypto-oriented account has been banned by Weibo. In mid-November, Binance’s channel was also blocked for debatable reasons. However, contrary to what happened with Justin Sun, Binance went on to create another Weibo account later, one that has been operational since.

It is also being rumored that Weibo might take many other influential crypto-people and crypto-companies off its platform in the next few days.

The microblogging platform, however, has released no official statement in response to the account closure. Nonetheless, some investors and crypto-enthusiasts online are already speculating that Sun’s very vocal political positions may have contributed to the account closures.
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