China News by Thebittimes.Com

Justin Sun-advised wrapped bitcoin (WBTC) has relaunched on Sun-founded TRON; however, the new product has seen zero adoption, and the abandoned old version still has approximately 100 WBTC tokens. The “Transparency” page on WBTC’s website labels BTC on TRON as a “New” product using the smart contract at TYhWwKpw43ENFWBTGpzLHn3882f2au7SMi. This contract was deployed several months ago on July 23. However, the novelty of the product is questionable. WBTC launched on the TRON blockchain early in 2021. What happened to WBTC on TRON? Read more: Justin Sun-advised HTX has redeemed 7,300 WBTC it did not disclose Shortly after Sun was added as an advisor to the project, this version of WBTC on TRON was removed from the WBTC website. However, the smart contract for this version, at TXpw8XeWYeTUd4quDskoUqeQPowRh4jY65, shows that it still has a total supply of nearly 100 WBTC, presumably corresponding to 100 BTC held in the reserves for thi...

Friend.tech, a decentralized social platform , sees a rapid ascent post-beta launch, sparking debates on data privacy and novel monetization of social interactions. Friend.tech has set the crypto world abuzz in less than a week since its beta launch. This decentralized social platform has outpaced established marketplaces and ignited debates about its future, data privacy, and the unprecedented way it monetizes social interactions.  If you have been following crypto Twitter lately, you’ve probably stumbled across Friend.tech, a new platform heralding a paradigm shift in social networking within the crypto universe.  In its essence, Friend.tech is a marketplace for friends, a decentralized platform where users tokenize their social connections, granting privileges such as private messaging and interaction rights.  But what’s behind this sensational rise, and why is it garnering so much attention? Let’s dive into the world of Friend.tech. What is Frie...