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Cardano (ADA) Proposes a Partnership with TRON (TRX)

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The entire crypto community, and especially TRON (TRX) and Cardano (ADA) enthusiasts were left completely speechless a few days ago when ADA’s co-founder proposed a cooperation between ADA and TRX. TRON did not immediately accept the proposal but has promised to look into it.

Charles Hoskinson makes an unexpected proposal

Despite the large shifts in the crypto market, that have mostly been negative towards the current situation of most cryptocurrencies, some of them still manage to advance. TRON (TRX) and Cardano (ADA) are among the few coins that are continuing to improve and score on business partnerships almost every other day. Because of this, most have seen them as rivals, which is why nobody saw Cardano’s proposal to TRON coming.

A few days ago, on June 25, Cardano’s co-founder, Charles Hoskinson, has made an unexpected move when he posted a tweet in which he addresses TRON’s founder, Justin Sun. Many were expecting to find some sort of TRON-bashing, which is why they were left speechless when Hoskinson wrote what it seems to be a legitimate business proposal between the coins.

The proposal was confusing, to say the least, and not many people dared to believe it at first. If true, many thought that this would have been an amazing opportunity to establish a strong partnership between the two. Not only would it be beneficial for both coins when it comes to stability, strength, and support, but would also help all crypto, since it would be a major step towards global adoption.

To combat the skepticism, Charles Hoskinson even confirmed that this is not irony and that he is completely serious. According to him, TRON’s use of Ethereum Java is holding this coin back, and Hoskinson has offered TRX to start using Cardano’s Mantis client. Mantis, according to Hoskinson, offers a much better code, security, as well as a DPoS-style protocol.

Sun doesn’t say no, but still doesn’t give an official response

Considering that TRON is currently still in the process of achieving total independence from Ethereum, this would allow it to make that extra step and completely turn its back to Ethereum’s network. Sun responded two days later, on June 27. He stated in a tweet that TRON is on its way to create the best possible blockchain and that the team will look into what Mantis has to offer.

Crypto experts and enthusiasts were basically holding their breath during this entire correspondence, wondering what will happen and how it might influence both cryptos. The idea itself was received with a lot of hype, and many see the benefits of such a partnership.

Both coins received support on social networks, Twitter especially. Others speculated what this might mean and whether or not will TRON actually accepts the partnership on Reddit. The strongest opinion is that agreeing to use Mantis would be the best possible decision by TRON at this point.

Mantis would allow TRON much more space and exposure, and through its use, it might finally be able to fully rival Ethereum. Still, it would appear that Sun is still thinking this idea over since no official statement has yet been released. The fact that TRON did not refuse is definitely reassuring, but both communities are anxious to hear the final verdict.

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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.

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How Can Foreigners Get Loans in Singapore

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Foreigners who are residing in Singapore and looking for financing could do so in the form of a payday loan. It is good to find out that you can borrow the money from a reputable lender and that the interest rates are low enough for it to be a viable option. Online lenders that specialize in doing business in the country can certainly help one. These online companies are not only reliable, but their service is fast.

At the same time, many cannot afford a high standard of living. Many individuals cannot afford essentials, such as a car or a house. It can be difficult for the majority of the working class to scrape through on their basic salary. 

What defines a foreigner in Singapore? 

A foreigner in Singapore means that you are not a permanent or natural citizen there. As a foreigner, you will not be holding a Singaporean passport. The rules can differ a little for foreigners and residents. Singapore, being a multinational hub, houses many foreigners within the city. Foreigners come to Singapore for the many attractions it offers. Many people come to Singapore for Work-related purposes. A lot many also come for vacations or to visit a friend or a relative. Some foreigners come with a plan to move to Singapore permanently, attracted by their lavish lifestyle. Singapore also…

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Altcoins

Aluna.Social is a Compelling Social Platform for Crypto Traders and Investors

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When one thinks about the social media landscape, the companies that first come to mind are most likely Facebook, Instagram, LinkedIn, and Snapchat.  These platforms are a great way to stay connected with friends, families, and colleagues, especially when geographic distance is a factor.  But, in addition to just chatting about life in general and sharing pictures, social media can be used to bridge the information gap that exists within the investment community.

Over the last decade, many trading offices have been established in large cities all over the world which allow solo traders and investors to pay a monthly fee in exchange for a workspace.  The real benefit to trading in these offices is to participate in the free flow of trading ideas and information.  Proprietary trading is one of the most challenging careers to be successful at and the exchange of ideas is almost required in order to succeed.  Traders at hedge funds and investment banks work in teams so why shouldn’t remote traders?

While these trading offices are a great way to help bridge the information gap, Aluna.Social may provide an even better way, especially as it relates to cryptocurrency trading.

Mission Statement

Aluna.Social, founded by Alvin Lee and Henrique Matias, is a multi-exchange social trading terminal for crypto traders and investors.  The goal of the platform is to help newcomers shorten their learning curve,…

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CoinFlip Scores Big with BRD Wallet Partnership

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As the crypto markets move closer to mass adoption, one of the keys for future success will revolve around attracting as many market participants as possible.  While many crypto users are extremely tech oriented, a lot of those on the sidelines are not.  The cause of waiting on the sidelines could be due to a variety of reasons such as fear of the unknown, lack of knowledge, age, or a combination of all of the above.  In order to entice new users to join the crypto revolution, crypto ATMs are rising up across the country.  Of those, the largest and most influential crypto ATM company by a significant margin is CoinFlip.

In early October, CoinFlip announced on its Twitter that it had officially partnered with BRD Wallet to re-introduce their crypto ATM map.  Now, BRD wallet users will be able to locate their nearest CoinFlip ATM and receive a 10% discount for both buys and sells.  BRD brand awareness is growing quickly within the crypto community thanks to its innovative and entrepreneurial spirit.  The team strongly believes in the value of financial freedom and independence, and want to empower people across the world by leveraging the possibilities that Bitcoin and other cryptocurrencies provide.

Cryptocurrencies are already making a huge difference around the world.  Citizens of Venezuela, a country devastated by rampant inflation, have been using several cryptocurrencies…

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