Monday, January 27, 2020

Sun suit

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January 27, 2019
HOSTILE WORKPLACE? A lawsuit accuses Justin Sun, founder of the TRON cryptocurrency, and his business associate of harassing and firing two employees allegedly as payback for objecting to management practices. Full story

VIRUS FEARS: Given China’s status as a crypto investment hub, the spread of the deadly coronavirus has some industry professionals concerned about potential disruption to business and the impact on digital asset prices. Full story

INVESTOR REVEAL: Prominent firms and individuals, including Ribbit Capital partner Micky Malka as well as investment funds Kleiner Perkins and Fortress, may have invested in Telegram’s token sale. These previously unnamed investors surfaced in court documents related to the SEC's ongoing investigation. Full story

DAVOS RESULT: The World Economic Forum unveiled an international consortium of financial institutions, government representatives, and developers to design a governance framework for cryptocurrencies. The group is backed by several central banks. Full story

ATTACKS FOR RENT: Bitcoin Gold has again been hit by two 51 percent attacks that likely employed rented hashing power, resulting in double spends of around $87,500 worth of BTG. Full story

BULLS ON TOP: Bitcoin is gaining altitude in line with a bullish technical breakout on Sunday. The cryptocurrency is closing on key resistance at $8,800, which, if breached, would expose the all-important 200-day average of $9,000. Full story

HARNESSING LIGHTNING: In this episode of the Let's Talk Bitcoin! podcast Adam B Levine zeroes in on the challenge of "Channel Management," a technical way to use the still-nascent Lightning Network, as well as a potential hurdle to bringing on new users. Listen in

WHO WON #CRYPTOTWITTER
 

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