TRON Founder Justin Sun to Reschedule $4.57 Million Lunch With Warren Buffet 'Very Soon'

TRON founder Justin Sun has revealed in a livestream he will be rescheduling his $4.57 million charity lunch with Berkshire Hathaway CEO Warren Buffet “very soon.”

As first reported by Business Insider, during the livestream Sun revealed he has been having discussions with the billionaire investor’s team and is hoping to reschedule the event “very soon,” so he can then update all of the guests.

Sun paid a total of $4.57 million in a charity auction held every year to be able to have lunch with Warren Buffet. His bid was the highest in the event’s 20-year history. The founder of TRON invited several prominent personalities in the cryptocurrency space, including Circle CEO Jeremy Allaire and Litecoin creator Charlie Lee.

Sun’s guests also included eToro CEO Yoni Assia and U.S. President Donald Trump. The latter received the invitation after bashing cryptocurrencies on Twitter.  

Sum ended up postponing the event with Warren Buffett after claiming he was forced to do so by a bout of kidney stones, three days before it was set to take place. Later on he apologized for overhyping the event on Chinese social media amid reports TRON’s employees were being detained in China.

During his livestream he said, before noting more details were going to be announced next quarter:

I think it's gonna happen and I'm excited about it. So just stay tuned.

He also addressed a proposed partnership with presidential candidate Andrew Yang, who’s a known cryptocurrency supporter. Sun recently revealed he will be donating $1,000 a month to 100 people next year, after being inspired by Yang’s universal basic income initiative, which will see him provide the same amount to 10 Americans.

Sun said he thinks he’0ll message Yang directly on Twitter, and added he’ll update the community on new developments.

Featured image: Justin Sun at TRON’s niTRON event.

Pornhub Adds USDT to Its Payment Options Using the TRON Blockchain

Adult entertainment website Pornhub has added Tether’s USDT stablecoin to its payout options for models, months after PayPal abruptly cut off the platform’s services.

According to the company’s announcement, the payouts are set to be conducted using the TRONLink wallet. The announcement explains that since PayPal decided to “stop payouts to thousands of Models” Pornhub has been working on offering more options to its models.

It adds:

USDT transactions can be done globally within a few seconds and there are no fees. Since USDT and TRON blockchain have partnered up, we can now pay Models securely through TRONlink, a cryptocurrency wallet.

As CryptoGlobe reported, Pornhub initially started paying out in Verge (XVG) when PayPal cut off its services, although the company at the time revealed it was evaluating adding other cryptocurrency payout options. USDT was likely chosen as its peg to the USD might make it a more viable option than a volatile crypto.

Pornhub has been accepting cryptocurrency payments for a while now, having added TRON’s TRX and ZEC back in 2018. USDT has been growing on the TRON blockchain, so much so that earlier this year we reported 900 million TRC20 USDT tokens had already been issued, representing 22% of the stablecoin’s total supply.

Justin Sun, TRON’s CEO, said Pornhub’s decision to add USDT via the TRONLink wallet was a “brilliant way to support the victims of centralized payment platforms like PayPal.”

It’s worth noting that as of September 2018, Pornhub revealed that less than 1% of its users were paying for its subscription using cryptocurrencies. It revealed, however, it remained optimistic as a spokesperson for the firm said: “we expect to see widespread adoption of crypto[currency] and blockchain on our site in the near future.”

Featured image via Pixabay.