Blockchain

New Irish Video Podcast Series – Crypto Divas

Published

2 years ago

April 30, 2018

We’re always happy to hear about local crypto content, and Jillian Godsil got in touch with us recently to let us know about a new series of video podcasts run by herself and Morgan Pierce, collectively known as the Crypto Divas. They’re planning on running a wide range of video interviews with different people in the sector, so if you’re looking to hear some interesting stores with an Irish angle, make sure to check out their videos at https://www.youtube.com/channel/UCDUrZ2RN_FyZoaVV_99F_uA/videos Source: https://bitcoinsinireland.com/new-irish-video-podcast-series-crypto-divas/

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Blockchain

Leader That Allowed Scams: TRON’s Justin Sun Responds to Claims by Ex-Employees

Published

2 mins ago

October 1, 2020

Republished by Plato

Yesterday The Verge published an elaborate article portraying a picture of Justin Sun’s leadership at BitTorrent post the peer-to-peer file-sharing site’s acquisition by the TRON foundation.

Sun later responded to the ‘false-claims’ made by TRON/BitTorrent’s ex-employees in the article with ‘An Open Letter to Anyone Who Cares to Read’ on Medium.

Claim: Megalomaniac Leader; Response: True Libertarian

In the supposedly expose piece, author Christopher Harland-Dunaway cites claims made by current and past employees that delineate Justin Sun as a ‘celebrity’ like an entrepreneur with a narcissistic and dictatorial spirit. Sun acquired BitTorrent in July 2018.

Refuting the above portrayal of his leadership, Sun, in his response, stated that he has devoted his entire life ‘to being a responsible, global citizen’. Adding to this, Justin said that is a true champion of libertarian principles for a significant portion of his life.

I have devoted myself to being a responsible, global citizen throughout my entire life, spending significant portions of my personal and professional life to activities promoting universal values of respect, liberty, equality, and kindness.

The TRON and BitTorrent chief impressed further on his ‘global’ approach to things. He explained that the TRON Foundation harbors a ‘global team of talented contributors and developers’. And that he takes ‘pride in working’ with this global community to make TRON ‘one of the greatest decentralized blockchain protocols’.

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Claim: Freedom Suppressor; Response: Upholder Of Human Rights, Individual Values

Dunaway reportedly engaged in conversations with folks who are/were associated with the TRON brand and the work culture. From what he gathered, Justin enforced a draconian company culture, with employees officially following the ‘9-9-6’ norm.

According to the article, TRON’s HR had Slack replaced with its Chinese counterpart DingTalk. The communication platform had an in-built surveillance mechanism that would use ‘Apple Health to count people’s steps’. Also, DingTalk used to ping employees literally all the time.

To this, Sun responded by saying that he has left no stone turned in, establishing a work culture that respects.

diversity and individuality through a culture that cherishes fundamental human values freedom of speech, user privacy, intellectual property protection, kindness, a diversified working environment, and compliance with legal standards.

Justin went on to comment that TRON and BitTorrent operate with a ‘globally collaborative team’. One that upholds and respects the ethos of cross-culture teams. Sun claimed that the folks at TRON folks have ‘worked hard’ to create a collaborative work culture. One that values freedom of speech and individual privacy.

Claim: Suppressed Criticism, Allowed Scams; Response: No Control Over Protocol Functioning

The Verge piece mentioned that ‘decentralization’ was just a facade for what was happening behind the curtains. Justin Sun and his core officials exercised strict control over content moving about and within the TRON network.

This involved allegedly paying a Redditor to ‘erase negative posts’. Which later drew the ire of the community.

Free speech is part of the ideology of decentralization, where ideas flow without gatekeepers. Tron started deleting any post it wanted.

The article also claimed that TRON’s administration team was silent and allowed the perpetration of scams on the network. While this happened, scammers and the scammed continue to grow in numbers while the management did nothing to interfere.

Justin, in his Medium post, said that he and the entire TRON administration team function sans control. Even though the team at TRON works to upgrade the platform, they do not exercise any censorship/regulation.

…we have no control or discretion over what applications use the protocol, what data is transmitted, or how its community members use it.

Sun went to add that he and his team are proud of TRON and BitTorrent’s achievement over the years. He went to quote that both have collectively ‘served 2 billion users around the world. These include ‘numerous enterprises, universities, and governments’.

Lastly, the TRON and BitTorrent boss struck down all claims made by ex-employees Lucasz Juraszek, Richard Hall, and Cong Li. Justin declared that the TRON foundation’s legal counsel has submitted all the requisite proofs and evidence pieces to the court. “We believe the decision will speak for itself”, he said.

BTT and TRX’s price didn’t seem to undergo any correction following the release of the bitterly scathing Verge piece. On the contrary, BTT is actually up 2.3% in the last 24 hours.

Featured image courtesy of QZ.com

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Source: https://cryptopotato.com/megalomaniac-leader-that-allowed-scams-trons-justin-sun-responds-to-claims-by-ex-employees/

Blockchain

Ethereum Price Analysis: Will ETH Surpass 2019 Highs Towards $400?

Published

3 mins ago

October 1, 2020

Republished by Plato

ETH/USD – Bulls Struggling To Pass 2019 Highs

Key Support Levels: $350, $336, $325.
Key Resistance Levels: $364, $378, $390.

Ethereum pushed higher last week to reach the 2019 highs at around $364 over the weekend. Unfortunately, it has not been able to overcome this resistance in the past four days of trading as bearish divergence popped up on the short term charts – highlighted in our last analysis.

For now, Ethereum is finding strong support between $350 and $355; however, it is looking increasingly likely to break this support soon as the short-term bearish divergence continues to play out.

ethusd-sep30 — ETH/USD Daily Chart. Source: TradingView

ETH-USD Short Term Price Prediction

If ETH does penetrate back beneath $350, the first level of strong support lies at $336 (100-days EMA). Beneath this, additional support lies at $324 (.618 Fib), $320, $310, and $300.

On the other side, the first level of resistance lies at $364 (2019 highs). Above this, resistance is expected at $378 (bearish .382 Fib), $390, and $400.

The Daily RSI did dip beneath the mid-line to suggest that the sellers are battling to gain control of the market momentum.

ETH/BTC – Bears Continue To Face Resistance at Falling Trend Line

Key Support Levels: 0.033BTC, 0.032 BTC, 0.0315 BTC.
Key Resistance Levels: 0.0337 BTC, 0.0347 BTC, 0.0352 BTC.

Against Bitcoin, Ethereum continues to face the resistance at a falling trend line that has dictated price action during September. Each time ETH attempted to break above this falling trend line, the coin was rejected and headed lower.

On Monday, ETH attempted to push beyond the March 2019 support at 0.0337 BTC but could not pass it. As a result, ETH moved sideways this week and has returned to the falling trend line. Here, it can be expected that ETH should be heading lower – especially with the daily RSI flattening out in the bearish territory.

Ethbtc-sep30 — ETH/BTC Daily Chart. Source: TradingView

ETH-BTC Short Term Price Prediction

Looking ahead, if the trend line rejects the sellers, the first two levels of support lie at 0.033 BTC and 0.032 BTC. Beneath this, support lies at 0.0315 BTC (100-days EMA & downside 1.414 Fib Extension), 0.0311 BTC (.618 Fib Retracement), and 0.0305 BTC.

On the other side, if the bulls can penetrate the falling trend line, the first level of resistance lies at 0.0337 BTC (March 2019 Support). Above this, resistance lies at 0.0347 BTC, 0.0352 BTC, and 0.0361 BTC (March 2019 High).

Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. See Disclaimer for more information.

Cryptocurrency charts by TradingView.

Source: https://cryptopotato.com/ethereum-price-analysis-will-eth-surpass-2019-highs-towards-400/

Blockchain

Hodlnaut Awarded $6,000 in Costs As Court Rejects Craig Wright’s Appeal

Published

3 mins ago

October 1, 2020

Republished by Plato

Craig Wright, the self-proclaimed Satoshi Nakamoto, has seen another failure in his ongoing legal battle against the popular cryptocurrency proponent going by the Twitter handle Hodlonaut. The Supreme Court in Norway rejected Wright’s jurisdiction appeal.

CSW Vs. Hodlonaut: The Backstory

Craig Wright has attracted lots of attention to himself, especially after claiming on numerous occasions that he’s the person behind the anonymous pseudonym, Satoshi Nakamoto. However, as he had failed to provide conclusive evidence that he is indeed Bitcoin’s creator, lots of community members have openly refuted his claims.

One of the most vocals doubters from the start has been the Twitter user Hodlonaut. As a result, Wright sued him last year but without much success so far. As CryptoPotato reported in January 2020, the United Kingdom High Court dismissed his defamation case because it didn’t have jurisdiction.

Nevertheless, the case continued in another European country – Norway. Several months later, the Norwegian Court of Appeals denied Wright’s appeal, and he had to pay all costs associated with the legal case.

Hodlonaut later shared an update asserting that two months after the Court’s ruling, Wright hadn’t “paid a cent.” However, Wright had no intention to seize his case.

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Craig wright — Craig Wright. Source: Medium

Another Rejection For CSW

Earlier today, Hodlonaut provided another update on the ongoing case, which again wasn’t in Wright’s favor. Per the tweet, the Supreme Court in Norway rejected Wright’s jurisdiction appeal and awarded Hodlonaut another $6,000 on top of the $60,000 that he is owned from the previous rejection.

Supreme Court in Norway today rejected CSW’s jurisdiction appeal, awarding me costs of $6,000 on top of the $60,000 already owed.
His perfect loss record is intact. (4 out of 4)🤡
The real case will now go forward in Norway where another loss surely awaits him.
Welcome to law! https://t.co/Ue4TL4P5gp

— hodlonaut 🌮⚡🔑 (@hodlonaut) September 30, 2020

Despite the positive news for Hodlonaut, the “real” case will continue in Norway until a final verdict. However, he seemed rather optimistic about his chances and said that “another loss surely awaits him [Wright].”

Another one of Wright’s legal battles also received an adverse outcome for the self-proclaimed BTC creator. A US District Court recently denied “on all grounds” his motion to dismiss the Kleiman vs. Wright lawsuit, where he fights the estate of his deceased former partner over 1.1 million bitcoins.