Roger Ver gave me three big announcements as an exclusive to Modern Consensus. First, he is breaking news with us about his investment in the mobile crypto wallet and non-custodial exchange Evercoin. Second, he told me he just submitted Bitcoin.com’s application to join the Facebook-led Libra Association. And third, he shared details about the addition of Stefan Rust as Bitcoin.com’s CEO.
It’s been a strange week covering Tron. What was supposed to be a conversation with legendary investor Warren Buffett on the merits of building the new global economy with cryptocurrency quickly devolved into a non-event. The planned $4.6 million charity lunch was abruptly cancelled due to Justin Sun’s health concerns.
Kin Ecosystem is alive and well, according to its general manager, Alex Frenkel. That’s despite the Securities and Exchange Commission lawsuit against Kik Interactive, the company which created Kin. The SEC claims the Canada-based messaging app sold unregistered securities to U.S. investors during its 2017 ICO. The complaint stopped short of alleging that the Kin token—which is governed by Kin Ecosystem—is a security.
Martine Paris talked with crypto pundits, Jimmy Song, venture partner at Blockchain Capital and author of Programming Blockchain; Alex Frenkel, GM of Kin Ecosystem; Michael Terpin, CEO of Transform Group and co-founder of BitAngels; and Alex Mashinsky, founder and CEO of Celsius Network. What follows are their views on the likely causes of the wild parabolic swings.