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Here Is An Unknown Link Between Tron Founder Justin Sun and Ripple

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The Tron Foundation and project is constantly making strides in terms of continual listings of TRX on crypto exchanges and also with sealing partnerships across the globe. The most recent one, between the Tron Foundation and Shift Markets, will make TRX accessible to the vast Forex (FX) markets facilitated by SHIFT. TRX will, in turn, be offered on nine brokers in nine different countries. The first broker to list TRX will be a UK regulated firm followed by J.M Financial based in India.

It was during this announcement by SHIFT on businesswire.com, that something unique was noted with respect to the profile of Justin Sun that was shared together with the news. In the brief introduction of Justin Sun, Businesswire.com mentioned that Justin Sun was the former Chief Representative of Ripple. investigating further on LinkedIn yields similar results when Justin’s profile is search.

From the years of 2013 to 2016 and before he started Tron, Justin was the Chief Representative and Adviser of Ripple Labs – as it was known then- in the Greater China area. He also served as Ripple Lab’s Special Representative and Adviser since 2014.

After reading and confirming the above, it is safe to say that any FUD against Justin Sun has been purely ill-intentioned. If his background at Ripple does not scream legitimacy of his ability to lead TRON to higher heights, then the only other thing is his graduation as the first Millenial Graduate at the Jack Ma co-founded Hupan University.

Long story short, Justin Sun is the right man for the job. Extra evidence of this can be seen by his active involvement in the Tron project. One needs only log in to Twitter and follow him to realize how much information he passes on to his followers in 24 hours. Justin has an impressive 455,000 twitter followers.

The Tron project is currently preparing for the token migration that starts on the 21st and ends on the 24th of June. The Genesis block will then be launched on the 25th of June that has also been declared as Tron’s Independence Day by Justin Sun. It seems like the Tron MainNet is on course to decentralizing the internet as envisioned by Justin and the Tron Foundation.

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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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Reasons Why You Are Much Safer When Crypto Trading on Dexes

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While many cryptocurrencies aim to bring the change to the world by bringing full decentralization, one aspect of the crypto space still remains mostly centralized, and that is the way they are exchanged. Most crypto exchanges are centralized companies, where traders and investors need to deposit their coins for safekeeping. This is a risky way to handle the funds, as exchanges remain susceptible to hacks and theft, as many realized recently, after the hack of the world’s largest exchange by trading volume, Binance.

During the hack, around 7,000 BTC (over $40 million) was taken, and sent to multiple wallets, never to be seen again — for now, at least. The hack also came as quite a shock, as Binance was known for its efficiency, security, and high levels of confidence. It also made people realize that their coins are not really theirs if they need to rely on third parties, such as exchanges, to keep them safe. As a result, many are now turning away from centralized exchanges, and are heading towards decentralized ones — also known as DEXes.

Here are some reasons why you might want to consider doing the same.

1. True ownership of your coins

The crypto community has a saying: “not your keys, not your coins.” The saying is now more relevant than ever, but it does not apply on DEXes. Decentralized exchanges

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Crypto Billionaire Predicts Massive Price Growth by 2021

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Crypto prices are once again going up, and Bitcoin has just passed a major resistance level at $6,000. With a situation like that, it is not surprising that everyone in the crypto community is looking forward to the future, wondering what to expect in years to come. Many experts have already given their predictions, some more optimistic than others, but almost all bullish.

Crypto billionaire Mike Novogratz has always been very supportive of cryptocurrencies, and very bullish on Bitcoin. He recently stated that he sees the coins’ prices triple in the following 18 months, meaning that Bitcoin’s return to $20,000 might not be far away, according to him.

He noted that Bitcoin is back to $6,000 after its price hit as low as $3,100 only a few months ago. These days, Novogratz does not believe Bitcoin will return to such lows unless there is a devastating exchange hack or a major shift in regulations. Of course, there was a big hack that had the potential to damage the coin’s price, only days ago. The world’s largest crypto exchange by trading volume, Binance, saw a significant security breach which resulted in a theft of 7,000 BTC.

However, so far, the coin did not react negatively to this incident. While Novogratz believed that such an event would shatter the new confidence in BTC, it simply did not happen. However, he…

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Altcoins

TokenRoll (TKR) Platform Will Take Online Casinos to the Next Level

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Corporate executives are turning to blockchain technology more than ever in an attempt to revolutionize the business world.  Although blockchain is still a relatively new concept, that hasn’t stopped more and more companies from jumping on the bandwagon.  This hot new technology has quickly gained a reputation for providing greater transparency, enhanced security, improved traceability, increased efficiency, and low costs.  One industry that could certainly benefit from decentralization is the online gambling market, specifically, online casinos.  TokenRoll (TKR) has developed a platform that appears to offer a promising alternative to centralized casinos.

Problems with Centralized Casinos

The primary reason why blockchain technology is being implemented so quickly is because it solves a lot of the problems typically associated with the traditional business model.  And online casinos are no different.  It still needs to be said that centralized casinos have proven that there is a great demand for online gambling.  The market is growing faster than anyone could have predicted, and future opportunities appear very promising and lucrative.  But industries are continually evolving and this one is no different.

A few of the problems facing centralized casinos include the following:

  • Little to no transparency
  • Consumer lack of confidence
  • Privacy concerns
  • 48-72 hour wait time for withdrawals

These are four monumental issues that need to be addressed quickly given the global growth of the market.  Casinos need to…

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