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TRON Crypto News: New Announcements and Latest Development

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Tron crypto news
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It would seem that TRON (TRX) can never run out of new moves, announcements, and surprises for its community and investors. In fact, the market situation doesn’t seem to matter to this coin, as it continues to make progress like everything is as good as it can get. When all the other cryptos are struggling to survive, TRON is announcing new partnerships and progress. This is why TRON crypto news continues to impress even now, after 9 months of a bear market.

The latest TRON crypto news

Justin Sun — a Facebook superstar

We are all familiar with TRON’s founder and CEO, Justin Sun. Sun has become nothing less than a crypto celebrity, and many believe that it is his constant tweeting that has made TRX community into one of the strongest crypto communities ever. With the TRON community continuing to grow, Sun has announced that he has a special surprise for TRX enthusiasts. According to the announcement, the surprise will be released once his social media page hits the one million mark.

Well, this has already happened on Facebook. On Twitter, on the other hand, Sun has yet to reach even the half of this number. However, as Sun acknowledged the Facebook situation, he also announced that the TRX giveaway is to arrive soon.

TRX continues to grow

Additionally, Sun also stated that the TRON project managed to reach a new milestone. At the moment, the number of its MainNet accounts has officially surpassed the number of EOS MainNet accounts. While this might not seem like a big deal at first, just remember how much older the EOS project is. In the eyes of many, this is a very, very important development that definitely deserves to be mentioned as one of the biggest TRON crypto news.

Many believe that TRON managed to get so many new accounts thanks to a tipping platform that allowed Twitter and Telegram users to send TRX coins to each other.

And, of course, let’s not forget that TRON has already managed to get to a third of Ethereum’s transaction rate. This was done despite the fact that the coin has only officially launched its MainNet a few months ago, while ETH has been around for years now. While TRON has a lot more to do before it surpasses ETH, nobody can say that it’s not off to a very good start.

TRX gets on ChangeHero

Finally, the last big TRON crypto news, for now, is the fact that TRON got listed on ChangeHero and instant crypto exchange platform. The platform now allows its users to buy TRX in exchange for dollars, through the use of their credit cards. While TRON is already quite accessible, this listing will make it even more so and will mark just another step on TRON’s way to mainstream usage.

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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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Altcoins

KaratGold Proves Its Business Model By Providing Official Documents

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There has been a lot of renewed enthusiasm in the cryptocurrency market thanks mainly to Bitcoin’s strong move about 10,000.  Although Bitcoin continues to show its dominance, the altcoin market has yet to benefit from that rally.  A few of the largest altcoins remain popular but the rest of the market continues to lag behind.  In 2018, there was a lot of talk regarding a possible altcoin apocalypse where only the strong would survive.  That prediction appears to be playing out as expected.  Going forward, only the best projects that have a real world need will survive.  Crypto traders will have to spend a lot of their time doing proper research in order to find the best opportunities, just like in all financial markets.  One promising project that appears to have the makings of a future winner is KaratGold Coin.

KaratGold Background

KaratGold Coin is a cryptocurrency developed by the reputable German company Karatbars International, which maintains a leading position in the market of small gold items and investments. The project is part of a larger ecosystem, which involves several blockchain solutions that can be used for transactions, communication, investing and other tasks. During the past few weeks, however, the KaratGold ecosystem has been a target of unsavory scam allegations.  

Karatbars International and GSB Gold Standard Banking Corporation…

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Altcoins

ICTE May Bring About Sweeping Changes for Cryptocurrency Exchanges

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Cryptocurrency has taken the world by storm during the last few years. An entirely new financial market was created almost overnight which has captured the imagination of all its participants. Cryptocurrency is even starting to attract institutional money from investment banks, hedge funds, and other proprietary trading firms. Despite the rapid growth, traders remain extremely frustrated by having to deal with the fragmented nature of centralized crypto exchanges.

A Change is Needed

When cryptocurrency first began, there weren’t many participants and the trading volume was relatively insignificant. But, over time, that has radically changed. Some tokens now have a capitalization in the billions and are being traded 24-7 by institutions all over the world. Despite the volume, significant problems exist with the current way that exchanges work. Some of those problems include the following:

  • Constant fear of hackers
  • Exchange manipulation
  • Fragmented liquidity
  • Risk of identity theft

One of the biggest issues regarding centralized exchanges is the risk of being hacked. These hack stories seem to always be circulating around the internet. While experienced traders may have the tools to avoid becoming a victim, potential new traders have zero interest in dealing with this. And it’s not just the small exchanges that are at risk. Even large exchanges, such as Mt. Gox and Binance, are subject to being hacked.

Another huge risk is having to deal with…

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Altcoins

SonicX and Dash Could Challenge Facebook’s Libra for Global Payments Market Share

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SonicX
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When Satoshi Nakamoto unveiled Bitcoin to the world, the dream was always for Bitcoin to serve as a new universal currency.  It would be free from the bureaucracy of governments.  And free from the tyranny of the old-world financial cartels.  Although the dream hasn’t yet materialized, it comes closer and closer with each passing day.

One of the biggest roadblocks for Bitcoin has been scalability.  At a speed of approximately 7 transactions per second, Bitcoin lags behind other cryptocurrencies like Ripple and global payment processors like Visa.  Many expect the lightning network to have a positive impact on Bitcoin’s TPS but until that comes to fruition, mass adoption will likely need another significant development.

Libra Currency Announcement

One development that could help pave the way toward mass adoption is the launch of the Libra currency.  Libra is expected to go live during the first half of 2020 according to Facebook’s June announcement.  According to Facebook, Libra will make sending money online cheaper and faster.  It will also have a hand in improving access to financial services, especially for the unbanked.  Given Facebook’s global reach, including many third world countries, providing financial access to the unbanked could provide a huge spark to global economies.  Additionally, it could provide the growth spark that cryptocurrency needs.

Facebook’s most popular messenger, WhatsApp, has approximately 1.5 billion monthly users.  This application is…

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