Tuesday, August 20, 2019

Justin Sun, Tron’s CEO Reveals Official Partnership With Liverpool FC, Liverpool Denies

Now, hold up! There has been a misunderstanding somewhere. First, Justin Sun, Tron’s CEO unleashes a piece of mind-blowing news that Tron Foundation has “officially” partnered with Liverpool, a British Football Club. The next thing we know, a spokesperson at Liverpool denies that the club has partnered with Tron which just leaves Justin Sun hanging. But let’s take a look at what really went down that day.

Company Behind Tron Cryptocurrency Reveals Partnership

Justin Sun, CEO of Tron Foundation, a company that backs Tron, the 11th largest cryptocurrency by market cap…Ok, that’s enough! Sun on April 24 out of excitement tweeted that his company has officially partnered with Liverpool. Hey, we were all excited about it, so was the cryptocurrency community until a media outlet decided to put on its Einstein glass.

But before then, Tron’s tweet was linked to a short video which shows an envelope with an electronic display message. The first screen revealed Liverpool’s and Tron’s logo which obviously looked like something legit was going on. Part of the message in the video read “We are Liverpool. This means more. This means more because you are associating yourself with…a philosophy”

Tron’s Supposed Partnership Draws the Attention of the Crypto Community

As expected, word began flying around that Tron has hit a major partnership. Samuel Austin, co-founder and developer at HummingPay, a blockchain payment firm upon hearing the news said the partnership could help Tron gain exposure. He also suggested that Liverpool with the help of BitTorrent, Tron’s peer-to-peer platform could develop its own streaming platform.

Related Article:  Justin Sun: New TRC-20 Based USDT Would Make TRON the Outright Leader of DApp Industry

After all that was said, Decrypt media claimed on the same day that it had spoken to a representative at Liverpool and they denied that the latter has come to any sort of agreement with Tron. The spokesperson, however, confirmed that it had only sent such message to a number of companies as an informal invitation in order to get a better understanding of their business.

Cliff Edwards, Tron spokesman didn’t want to hear any of it when he said:

There was no ask to ‘better understand’ the business…The ask was to ‘connect and explore a partnership,’ which is exactly what Justin tweeted.

On the other hand, Jesse Powell, head of Kraken responded to a message which attached a link to the post by decrypt media and also showed some level of skepticism about Tron’s partnership. Powell revealed he had also received a similar invitation even though he didn’t take it close to heart.

More Articles

Zebpay, The Biggest Exchange In India Closes Due To...

It seems that things for cryptocurrency exchanges and startups in India are not good at all since the strange cryptocurrency ban that hit the...

French DIA Agent Accused Of Secretly Selling Classified Info...

A French Intelligence Agent has been alleged of selling state secret in exchange for Bitcoin through the dark web. This was revealed on Friday...

Cryptocurrency Scam App Show Up On Google Play Store,...

A malware researcher, Lukas Stefanko found a cryptocurrency scam app on the Android Google play store. The cryptocurrency app is said to be targetted...

Monero Hack: Crypto-Jacking Scheme in Brazil Could Spread Worldwide

A new hack method, crypto jacking scheme in Brazil could spread worldwide according to Trustwave, a Chicago-based IT security company. This form of crypto...

Blockchain Marriage, A Trend, and A Better Way To...

Prenuptial agreement before marriage seems to be a better means of securing marriage duties and interest. However, the unending importance blockchain has brought to...

Software Manager Jailed for Exploiting Bank ATM of $1...

A Chinese software manager has bagged a ten years jail term after exploiting a loophole in his bank’s operating system. The Heist Malicious programmers are hackers...

MIT Now Offering $3500 Blockchain Course, No Crypto Accepted...

Massachusetts Institute of Technology (MIT) Sloan School of Management is now offering an online program about blockchain for $3500. The six-week course entitled “Blockchain...

Square Did Not Surpass Twitter Just Because Bitcoin

While a popular headline today states that Jack Dorsey's Square had passed his other company Twitter in market cap, and related that with the...

The First National Cryptocurrency, Venezuela Petro Still A Mirage

The first national cryptocurrency in the world remains a mirage as a special report of Reuters unravels the failure that has trailed the cryptocurrency...

Blockchain Firms Don’t Have It Easy In The UK...

In the UK, the blockchain industry is yet to find its bearing, and this has not favored some companies. Some of them are faced...

Analyst: Bitcoin’s Price is Nearing an Oversold Level, May...

Bitcoin has been lurking around the $3,500 price level, but a recent analysis by Bloomberg reveals that the virtual currency may have oversold or...

Mark Zuckerberg, Facebook CEO: The Firm Does Not Sell...

Facebook, is one of the leading social media platforms. The platform which was famed for data scandal last year stated that the firm does...

Latest Articles

Why Some Financial Bubbles Are Necessary Economic Disasters

Why US-based people can’t bet with bitcoins at online...

Online gambling using bitcoin has been happening since the time when cryptocurrency came into being. In the initial days, gamblers used to opt for...

Couple Pays For Breakfast Using Bitcoin, Community Finds This...

A Reddit user by the username u/portageco recently made a post in bitcoin's official subreddit. In his post, u/portageco boasts about how he paid...

Australian Woman Leads Adoption, Tours 10 Countries Spending Cryptocurrencies

Who says you can't go around the world spending cryptocurrencies? As many believe, cryptocurrencies are only good for speculations. But with a little research,...

Did A Physical Bitcoin Just Sell For $99k On...

As at the time of reporting, the listing on eBay had closed. This could be because the seller got a buyer or he decided...

Litecoin Now Approved In 30,000+ Stores

As cryptocurrencies gain ground, more and more technology-based firms find ways to incorporate the nascent technology into everyday life. Moon, prior to this time,...

How To Shop on Amazon with Bitcoin – Step-By-Step...

Wondered how to shop on Amazon with bitcoin? Then here's how you can purchase goods on one of the largest e-commerce websites that ships...

How To Buy Bitcoin On Coinbase – Step-By-Step Guide

Buy Bitcoin on Coinbase instantly in the U.S., UK, Canada, or anywhere you are globally. Coinbase cryptocurrency exchange has enabled its customers buy the...

Grayscale Bitcoin Trust Boosts By 300%, Affects Oil &...

The institutional investment product, Grayscale Bitcoin Trust (GBTC), experienced a growth of more than 300% due to its outstanding performance since February, Forbes reports....

How To Create A Coinbase Account – Step-By-Step Guide

Create a Coinbase account with ease. Use this illustrative guide to create a Coinbase account for buying, selling, and storing cryptocurrencies. And you know...

$9.2 Trillion Transferred Using Bitcoins In 2.5 Years

Against present belief that bitcoin is only used for speculation, James McDowall, a crypto investor and advisor shared a metric about Bitcoin that's been...

Malware Posing as Movie File Manipulates Results and Steals...

A new form of malware posing as movie file was discovered last year and was designed to steal cryptocurrency and inject manipulated results into...