Justin Sun

Justin Sun Reduces SUN Mining Output, Expects ‘Positive Impact’

Justin Sun has tweeted that incentivized mining output for the SUN token will be reduced by 20%. Is this just another memecoin gimmick, or are the fundamentals sound? The Tron boss seemingly expects this will boost the token’s value. Tron will also add new pairs to the incentivized liquidity mining available on Sun.io beginning Sept. 30. The recent appearance of SUN is supported by the memecoin craze and the rise of DeFi yield farming. The Purpose of the Sun One problem is that the intended use for the SUN token

Bitcoin News Summary – February 17, 2020

 The Trump administration plans to implement new regulations around the cryptocurrency industry. US Treasury Secretary Mnuchin announced to Congress that FinCEN (the Financial Crimes Enforcement Network) will shortly release the new regulations. While Mnuchin spoke favorably of the potential of stablecoins to make “small Dollar payments cross-border,” he warned that crypto privacy allows for money laundering. Early this week, multiple reports were circulating regarding the theft of funds from the IOTA Trinity wallet. The IOTA team took the decision to turn off the Coordinator, in effect freezing all transactions