Crypto news:-Tron Buys BitTorrent for $118 Million

According to a statement made by Tron about their plans, it “aims to be a decentralized entertainment content-sharing platform eventually leveraging blockchain and peer-to-peer network technology.” Which according to insiders can be read to mean that BitTorrent will be used as a base to increase the number of users of TRX, much as the deal with While partnering with a content provider boasting 90 million daily users, as Pornhub claims to have, using the TRX token is, on the face of it, a very good move. Others have wondered if the deal may put off companies with more traditional interests creating partnerships. Tron has been a steady climber in the market since its launch in 2017 and though its market cap is down almost 50% in the last three weeks its token is in the green at the time of writing according to livecoinwatch.

Along with adding both Zcash and TRX to its payment options, Pornhub has also just added a closed captioning feature for over 1,000 of its most popular videos as part of its philanthropic efforts which come under the company’s Pornhub cares umbrella.