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Warren Buffett and TRON’s Justin Sun Finally Meet for Charity Lunch

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Warren Buffett

The creator and CEO of a cryptocurrency/decentralised project TRON, Justin Sun, has finally managed to meet with Warren Buffett over a charity lunch. The billionaire and chairman of Berkshire Hathaway has been in constant negotiations with Sun over a possible lunch but the two executives were constantly busy, which has resulted in numerous postponements.

According to Cointelegraph, the two of them decided to meet on January 23 in Nebraska. They were attending a private country club there, but it seems that they weren’t the only ones who made it to the gathering. Some of the other guests who joined Sun and Buffett were Charlie Lee, the founder of Litecoin Foundation, Chris Lee, the CFO of Huobi, Helen Hai, the head of Binance Charity Foundation, and Yoni Assia, the CEO of eToro. 

Sun was rather excited about the event, claiming that it was ‘really an honor’ to meet Warren Buffett in person. Moreover, Sun stated that he was grateful for Buffett’s vision, wisdom, and dinner. Finally, he said he would always remember pieces of advice Buffett provided him with when it comes to making a better ecosystem for Tron and doing business with partners in the world of blockchain.

Why Was This Luncheon Organised in the First Place?

Those who are not from the crypto world might be asking themselves — What is TRON coin? The coin, much like the entire system around it, is similar to bitcoin or any other cryptocurrency out there. But what matters is that its creator, Justin Sun, has managed to make a massive profit with it. That is why he decided to give an enormous sum of money to charity.

As a matter of fact, Sun has been a long-term fan of Warren Buffett, which is why he seized the opportunity to donate $4.5 million in an eBay charity auction that promised the highest bidder a lunch with Buffett. The amount Sun donated is the single biggest sum of money ever given via eBay charity in its 20+ years of existence, meaning Sun really wanted to make a statement with it.

The entire crypto community was somewhat shocked yet amazed by the idea that the CEO of TRON is going to meet one of the wealthiest people in the world. However, after the initial date was set, Sun had to postpone it due to medical reasons. He announced that the lunch would be rescheduled ‘very soon’.

Time passed and TRON founder had to make another postponement of the lunch in September. During that period, all the money Sun donated was officially transferred to GLIDE Foundation located in San Francisco that focuses on supporting the communities in need, including the oppressed and economically deprived, as well as ethnic minorities and members of the LGBTQ community.

So far, the only details we know about the lunch is that Justin Sun enjoyed it, but nothing more than that was revealed. It’s safe to assume that the crypto giants did not actually discuss anything important with Buffett and that they all just had casual lunch. One thing is certain – Justin Sun’s morale was boosted after the lunch, meaning he might focus on his TRON project even more.

When it comes to Sun’s cryptocurrency, TRX, it’s been doing rather well lately. At the moment, it is located in the 13th place in terms of total market cap, with $1.64 billion in it. The current circulating supply is 66.68 billion TRX, and a single unit of it costs approximately $0.024. 

The last couple of months were somewhat steady for TRON coin, meaning no big ups or downs in price took place. But we should not forget that Sun is capable of doing a lot of eccentric stuff to shake the market, so who knows what will happen next.

Image by Nenad Maric from Pixabay

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XNO Token of Xeno NFT Hub listed on Bithumb Korea Exchange

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Hong Kong, Hong Kong, 25th January, 2021, // ChainWire //

Xeno Holdings Limited (xno.live ), a blockchain solutions company based in Hong Kong, has announced the listing of its ecosystem utility token XNO on the ‘Bithumb Korea’ cryptocurrency exchange on January 21st 2021.

Xeno NFT Hub (market.xno.live ), developed by Xeno Holdings, enables easy minting of digital items into NFTs while also providing a marketplace where anyone can securely trade NFTs.

The Xeno NFT Hub project team includes former members of the technology project Yosemite X based in San Francisco and professionals such as Gabby Dizon who is a games industry expert and NFT space influencer based in Southeast Asia.

NFT(Non-Fungible Token) technology has recently gained huge focus in the blockchain arena and beyond, making waves in the online gaming sector, the art world, and the digital copyrights industry in recent years. The strongest feature of NFTs is that “NFTs are unique digital assets that cannot be replaced or forged”. Unlike fungible tokens such as Bitcoin or Ether, NFTs are not interchangeable for other tokens of the same type but instead each NFT has a unique value and specific information that cannot be replaced. This fact makes NFTs the perfect solution to record and prove ownership of digital and real-world items like works of art, game items, limited-edition collectibles, and more.

NFTs are already being actively traded in markets globally. For…

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Bridge Mutual Announces Partnership with Plasma.Finance to Strengthen DeFi Insurance

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Bridge Mutual, a decentralized insurance provider, has announced a collaborative partnership with DeFi aggregator PlasmaPay and Plasma Finance allowing users to directly fund or provide liquidity through the Bridge ecosystem and the Plasma Finance platform.

Bridge Mutual will also use some of its own liquidity to start a PlasmaPay insurance pool, integrating shield mining in order to give users the chance to earn PPAY tokens as a reward for providing coverage to PlasmaPay. The result is an increase in users on the decentralized insurance platform for Bridge Mutual, and another dimension of safety for PlasmaPay and Plasma Finance users.

“This partnership will give both organizations the ability to expand operations into the other’s platform, a net benefit for two strong projects looking to optimize the DeFi market as a whole,” notes Ilia Maksimenka, PlasmaPay’s CEO, “Ease of use and access to insurance ultimately benefits users. By working together, Bridge Mutual and Plasma Finance take DeFi a step forward towards more reliable financial services on the blockchain.” 

Bridge Mutual CEO Mike Miglio adds, “The main focus of our partnerships is to increase the overall safety of the DeFi space by encouraging users to protect each other. Partnering with PlasmaPay was strategic in that users will be able to easily purchase or provide insurance directly from the Plasma Finance app where they manage all…

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Dignitas Joins Zytara Lineup, a Step Towards Uniting Esports and Blockchain

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Esports icon Dignitas has come together with fintech company Zytara to tackle payments and value transfer within esports using the DigitalBits blockchain.  

Dignitas’ partnership with Zytara is the first major alliance between esports and blockchain, a combination set to overhaul the esports’ financial mechanisms.  Zytara, a fintech launching a digital banking platform and payment network for gamers and esports enthusiasts, will leverage the DigitalBits blockchain to power the use of stablecoins and other digital assets.  

Despite their global scope, esports organizations still struggle with traditional payment rails.  Notably, Epic Games experienced difficulties distributing some of their $100 million prize pool for Fornite tournaments.  With esports growing rapidly, this is something that must be addressed, and it appears that Dignitas and Zytara are coming together to lead the charge.   

Dignitas has championed many firsts for the industry, being the first ever esports team to be acquired by an ownership group of a North American sports franchise, Harris Blitzer Sports & Entertainment (HBSE).  Dignitas would later go on to sign a first-of-its-kind sponsorship deal with Susquehanna International Group, LLP (SIG), one of the world’s largest proprietary trading firms.    

Zytara will issue a series of Dignitas-branded debit cards and app skins, featuring the…

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