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Here Is Your Unofficial Tron (TRX) Independence Day Checklist

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Tron
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It is always good to stay positive even when the Crypto-markets nosedive once in a while. Sometimes it is worth reminding ourselves why we love cryptocurrencies and blockchain technology rather than dwelling too much on the prices of the corresponding coins and tokens in the markets. The Tron (TRX) project has had an eventful past few months that begun with the launch of the TestNet platform back on March 31st and continued with the recent launch of MainNet on the 31st of May. What remains is the highly anticipated Tron Independence Day!

Therefore, it is with this information, that Global Coin Report would like to remind you of a few things that you might already know or might have overlooked in your research and following of the Tron project and its CEO Justin Sun.

So what do you need to know with respect to the Tron Independence Day?
  1. There is an ongoing countdown on the new website that was launched a while back. This countdown can be used to mark your calendar as well as to sync it to a mobile app
  2. The MainNet testing period is happening between the 1st of June to the 24th of June, 23:59 (UTC + 8)
  3. There is an ongoing bug bounty program to ensure the security and stability of the platform. The upper reward is as high as $10 Million
  4. The Genesis Block will be launched on the 25th of June, 00:00 (UTC + 8)
  5. Token Migration will be carried out automatically on numerous popular exchanges from the 21st to the 24th of June
  6. Last day to deposit your tokens in the exchanges to facilitate the above, is June 24th
  7. Binance will support a Permanent Token migration after the 24th. This means if you miss out on the deadline, Binance will be there
  8. As a TRX HODLer, you can record a 2- 3 minute video about yourself and why you love the project. You can then send it to od@tron.network in the requested format and be featured during the Independence Day Livestream
  9. Be on the lookout on all social media platforms for the official Livestream link to the Independence Day on the 25th of June, 00:00 (UTC + 8). Make sure you have adjusted your time zone
  10. Do not worry about the value of TRX dipping during the event. Look at the bigger picture of the platform launch signifying a new era of decentralization on the blockchain for not only TRON but the entire cryptocurrency world

In conclusion, as we enter into a new phase of the Tron project, the price of TRX might not be as significant when compared with the successful launch of the Genesis Block on the 25th of June. This event, also known as TRON Independence Day, is the summation of the Tron project from the moment it was a concept on a whitepaper, to the total migration from Ethereum’s platform.

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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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Blogs

Crypto Billionaire Predicts Massive Price Growth by 2021

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crypto billionaire
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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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TokenRoll
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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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