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BitTorrent acquired by crypto startup Tron for $140 million
short by Shifa Naseer / on Tuesday, 19 June, 2018
Peer-to-peer file sharing platform BitTorrent has been acquired by the cryptocurrency startup Tron's Founder Justin Sun for a reported sum of $140 million in cash. However, reports suggested that the shareholders are yet to sign off on the deal definitively. Founded in 2004, BitTorrent offers a platform to commercialise networking technology as a way to share and store files.
read more at TechCrunch