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Another day another strike by Tron, TRX listed on Blockport

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Tron

Tron network and TRX coin only getting stronger every day. It’s another day another exchange for Tron users. Tron’s objective to establish a genuinely decentralized internet and its infrastructure seem to be moving in the right direction each day as the Tron foundation is doing everything possible to make that a reality. The latest listing is among the many ways that will make Tron get to the moon sooner than many may expect.

Tron Now Listed on Blockport

The Amsterdam-based social cryptocurrency exchange, Blockport has listed Tron (TRX) on their trading platform. The addition marks the 10th cryptocurrency to be listed by Blockport, and it means that now all Blockport users will have the opportunity to buy/sell TRX through the platform’s euro gateway.

The great news is the fact that Tron’s European community now has direct access to the Tron (TRX) token through the Blockport platform which is reported to be highly user-friendly. Blockport bridges the traditional finance with the current digital economy of cryptocurrencies.

Basically, the platform allows the buying, selling and exchanging of the leading cryptocurrencies with Euro directly. BPT (Blockport Token) provides the users with access to discounted trading fees and social trading features on the exchange platform. Not too long ago, BPT became available on the Blockport platform itself.

As things look, Blockport is doing some great work, and it’s keeping the momentum high as a week ago they also listed IOTA and NEO to their trading platform. Also, they enabled the Fiat (euro) withdrawal functionality successfully on their platform which means users get maximum utility out of the trading platform as well as being able to withdraw directly from the euro wallets.

Tron has an open, distributed storage technology and decentralized platform which allow creators of the digital content to get off the middlemen like Google Play Store and Apple Store. With it, content producers obtain funds directly from the consumers. And its native token, TRX, is getting noticed everywhere and becoming available to more people every day.

Nevertheless, Blockport is picking wisely for their listing and no harm to say that it’s going crazy with the listings recently. They say ‘coming soon,’ and less than 48 hours it goes ‘live.’

Probably the next listing isn’t far away and who knows if it’s the exchange on fiat currency for the European community. However, one thing is for sure, Tron, for now, is ticking every box to hit the moon (time will tell only) and until that happens, we’re all on the watch for the next big news from the house.

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Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

Image courtesy of Skeeze/PixaBay

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Elon Musk Advises Crypto Users To Secure Their Crypto Keys Properly

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The crypto community has not gotten over the fact that the world’s richest man has now invested in Bitcoin and has been pretty active in the industry.

However, the community is now receiving security tips for storing cryptocurrencies from Tesla’s chief executive officer. While pointing the security of cryptocurrencies, Tesla also criticized Freewallet app, a crypto wallet for its slack in security.

He also added that crypto investors should not bother doing business with wallets that don’t provide them with private keys.

Users should store their private keys

The unique way cryptocurrencies are stored makes them not redeemable when the keys are lost. Whether the holder stores them with third-party custodians or exchanges, the owner can only claim them when they provide keys to the crypto funds.

That makes securing the keys the most important thing when dealing with cryptocurrencies. As a result, selecting the safest hot or cold wallet is a priority if users want to keep their crypto investments safe.

Elon Musk has come out to advise investors to always store their private keys personally. For a company to receive the attention of the world’s richest man is something to take advantage of to grow. However, FreewalletApp’s short conversation with Musk is a sort of negative publicity to them.

After the company engaged with Musk about a Dogecoin-related post, the Tesla founder pointed out faults with the firm.
He advised digital asset investors to stay…

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Bitcoin

Bitcoin Surges After Tesla Bought $1.5 Billion Worth of BTC

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Cryptocurrency

The sudden rise of Bitcoin has been connected to the decision taken by the Tesla electric car company to buy $1.5 billion worth of Bitcoin.

The company explained in a filing with the Securities and Exchange Commission (SEC) that it bought Bitcoin to diversify its cash returns and more flexibility.

Musk’s Tweets also impacted Dogecoin’s price

Tesla also added that it will start accepting Bitcoin payments for all its products, although this will be based on a limited basis and applicable laws. If the company concludes and starts accepting cryptocurrency, it will make it the first major car manufacturer to accept Bitcoin payments. The company’s founder and Chief Executive Officer Elon Musk has developed an interest in Bitcoin and cryptocurrencies.

He has been tweeting severally about the viability of the Dogecoin (DOGE), which doesn’t have an important market value attached to it.

Few hours after endorsing Dogecoin, the cryptocurrency rose by an impressive 50%. But regulatory authorities are still concerned about the risks in cryptocurrency investments, with several regulatory bodies warning traders and investors they could lose all their money from crypto investments.

But for Tesla, the company decides to diversify its funds and increased its cash returns. However, Tesla also warned investors about the volatility of Bitcoin’s price in its SEC filing. According to the SEC…

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Partnership Between Bridge Mutual & AllianceBlock Announced

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Decentralized peer-to-peer discretionary digital asset coverage platform Bridge Mutual has announced a partnership with AllianceBlock. AllianceBlock is a decentralized, blockchain-agnostic layer 2 protocol bridging decentralized finance with traditional finance. The partnership will allow AllianceBlock and Bridge Mutual to provide traditional investors with a protected bridge to DeFi through decentralized coverage. 

“Discretionary coverage is a very important part of our ecosystem, so we are excited to partner with Bridge Mutual and leverage each other’s technologies,” says Rachid Ajaja, CEO of AllianceBlock. “We look forward to building an ecosystem where all participants have access to the best products while mitigating the ever-present risk of smart contract failure, hacks, and the resultant loss of collateral value.”

In 2020, as much as $200 million worth of digital assets was lost in attacks on major digital asset services. Bridge Mutual’s platform gives users the option to purchase and provide discretionary coverage, reducing investors’ risk of losing funds because of theft, exchange hacks, stablecoin price crashes, exploited contracts, and other vulnerabilities in digital assets. 

By using Alliance Block’s multi-pair liquidity mining platform, Bridge Mutual will be able to offer BMI token holders instant liquidity through staking and high APY rewards for a variety of pairs. Once integrated into AllianceBlock’s P2P lending platform, Bridge mutual will be able to provide coverage to investors. Additionally, Bridge Mutual is working towards…

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