Today we resume our Digests: both Daily Crypto News and Degen Stuff. We hope they help you in such challenging times.
Let’s go!
The damning report, published today, accuses Sun of using TRON and Poloniex for a slew of misdeeds, including business practices that could potentially be illegal. The article, "The Many Escapes of Justin Sun," was written by Christopher Harland-Dunaway, who in September 2020 penned an equally explosive article about Sun's purchase of BitTorrent.
Let us remind you, Justin Sun wanted to take part in the Blue Origin mission. Also, he left TRON some time ago.
The CEO of Fusang, which has been dealing with crypto for a long time, thinks Malaysia is an excellent country for crypto as it has all chances to become a crypto hub like Singapore.
It may not be as smooth as Singapore, but it has its chips in the form of a judicial system, good climate, cheap life and loyal attitude towards crypto. CoinGecko, CoinMarketCap's main competitor, was made in Malaysia, by the way.
So crypto, if you're getting ready to grease the skis, you might want to take a closer look. Would you go to Malaysia?
Pump — is planned and sharp pumping of the value of the coin, then to sell it at the highest possible price. As a rule, pumps are typical for coins with low capitalization. Therefore, manipulators are trying to attract as many people as possible to the project in order to control the price.
And more you can find in our Glossary!
And you...buy Bitcoin! (it's a good time!)