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Here Is Why Tron (TRX) Still Looks Good After the Flash Crash

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Tron

The cryptocurrency markets are in the red after early Sunday reports that the popular the South Korean exchange known as Coinrail had been successfully hacked and some amounts of crypto taken in the process. The affected coins were those of NPXS, NPER, and ATX. As a result, Bitcoin (BTC) and the entire crypto markets have tumbled considerably since then, and at the moment of writing this. This is due to fearful traders taking their digital assets out of exchanges or even cashing out completely.

The total crypto-market capitalization has lost a total of $20 Billion from earlier Saturday levels of $340 Billion. The King of Crypto, also known as Bitcoin (BTC), experienced a free fall from $7,600 to lows of $7,220. This is a drop in the value of 5% in less than 24 hours.

Observing our favorite token of Tron (TRX), it too has been affected by the ripple effect of the news of the hacking. TRX has dropped from values of $0.0577 that were considered by many, as the bottom for the token before the Independence day on the 25th of June. The current values of TRX indicate that it is valued at $0.053 and has dropped a little over 8% in 24 hours.

But with every dip or decline in the crypto-markets, lies the opportunity to buy more of your favorite token or coin. Many in the TRX community believe that TRX cannot go any lower than it is at the current levels. This means that this is the best time to get some more TRX ahead of the token migration that starts from the 21st to the 24th of this month. The final event in this MainNet road-map will be the launching of the Genesis Block on the 25th of June in a feat that has now been declared as Tron’s Independence Day from the Ethereum platform.

The current countdown on the Tron Website indicates that the countdown reads 13 Days and a few hours. This means we are less than 2 weeks away from the anticipated 100% functionality of the Odyssey v2.0 Tron MainNet platform. The current bug bounty program will assure that any bugs on the platform are discovered ahead of time and dealt with in a timely manner.

One needs only remember the case of EOS’ vulnerabilities being found a few hours to the MainNet launch, to understand why Justin Sun and the Tron Foundation have put the upper cap of the bug bounty reward at $10 Million. This will, in turn, attract the best of the best to test the MainNet platform and guarantee its security and stability.

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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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loans for foreigners in Singapore

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 houses many International students attending many esteemed Singaporean Universities.  

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Altcoins

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

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Aluna.Social

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, unlock their full potential, and improve trading performance.  Cryptocurrency trading can…

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Altcoins

CoinFlip Scores Big with BRD Wallet Partnership

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CoinFlip

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 like Bitcoin and Dash, to help protect their assets and hard-earned…

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