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Tron (TRX) opens BitTorrent for crypto projects and services advertisement

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Tron TRX

Are you thinking of advertising your crypto project? It seems like BitTorrent, Inc. – the most common communication protocol for sizeable peer-to-peer file sharing, is the real deal. Today, the Tron (TRX)-acquired p2p company has opened advertisement network for crypto firms on their product.

How is It a Good News?

BitTorrent connects with over 100M users whereby it is stated that there are 170M active monthly users and 45M users who are active on a daily basis. Therefore, the announcement is music to the ears of the leading crypto advertisers as it provides them with the best opportunity to target as well as reach the internet’s valuable audiences.

Besides, the crypto advertisers will be exposed to a young, educated as well as the tech-savvy audience. The age bracket for this kind of audience is between 18-24 years, who are now internet-bond and won’t be reached if a traditional marketing channel was used. Perhaps, it looks like a win-win scenario for the well-established companies.

Interested crypto advertisers can get to know more on this URL: bitmedianetwork.com/crypto/

The founder of TRON as well as CEO of BitTorrent now, Justin Sun, said that there is a stronger engagement that is growing on the supply of premium display as well as video placements – all thanks to the release of uTorrent Web.

Also, Sun hopes that when the well-established crypto businesses think of making their projects public, they will include Bit Torrent in the strategy they employ for advertising. The main plan of the company is to work with the leading crypto businesses with a track record and ensure there is a positive brand alignment.

About TRON (TRX)’s acquired BitTorrent

BitTorrent is a leading P2P sharing company that has offered in-stream video advertising as well as the brand safe display for years now. After the announcement, it will now allow those selected crypto advertisers to start their campaigns and reach the global audience in a blink.

BitTorrent allows the users to send large files over the internet via its peer-to-peer protocol, and hence third-party content providers can connect with users all through an entourage of distributed technologies which scale efficiently.

There are hundreds of millions of devices installed with the BitTorrent’s mobile and desktop products across over 138 countries globally. As of now, not just for Tron (TRX), everything looks positive for the leading crypto advertisers as they have a global reach on merely an unprecedented scale. Are you looking to advertise? Perhaps, you have the platform already – BitTorrent.

For the global insights every crypto trader must have, apply for Elite membership!

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.

Image courtesy of mohamed_hassan/Pixabay

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Elon Musk Advises Crypto Users To Secure Their Crypto Keys Properly

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The crypto community has not gotten over the fact that the world’s richest man has now invested in Bitcoin and has been pretty active in the industry.

However, the community is now receiving security tips for storing cryptocurrencies from Tesla’s chief executive officer. While pointing the security of cryptocurrencies, Tesla also criticized Freewallet app, a crypto wallet for its slack in security.

He also added that crypto investors should not bother doing business with wallets that don’t provide them with private keys.

Users should store their private keys

The unique way cryptocurrencies are stored makes them not redeemable when the keys are lost. Whether the holder stores them with third-party custodians or exchanges, the owner can only claim them when they provide keys to the crypto funds.

That makes securing the keys the most important thing when dealing with cryptocurrencies. As a result, selecting the safest hot or cold wallet is a priority if users want to keep their crypto investments safe.

Elon Musk has come out to advise investors to always store their private keys personally. For a company to receive the attention of the world’s richest man is something to take advantage of to grow. However, FreewalletApp’s short conversation with Musk is a sort of negative publicity to them.

After the company engaged with Musk about a Dogecoin-related post, the Tesla founder pointed out faults with the firm.
He advised digital asset investors to stay…

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Bitcoin

Bitcoin Surges After Tesla Bought $1.5 Billion Worth of BTC

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Cryptocurrency

The sudden rise of Bitcoin has been connected to the decision taken by the Tesla electric car company to buy $1.5 billion worth of Bitcoin.

The company explained in a filing with the Securities and Exchange Commission (SEC) that it bought Bitcoin to diversify its cash returns and more flexibility.

Musk’s Tweets also impacted Dogecoin’s price

Tesla also added that it will start accepting Bitcoin payments for all its products, although this will be based on a limited basis and applicable laws. If the company concludes and starts accepting cryptocurrency, it will make it the first major car manufacturer to accept Bitcoin payments. The company’s founder and Chief Executive Officer Elon Musk has developed an interest in Bitcoin and cryptocurrencies.

He has been tweeting severally about the viability of the Dogecoin (DOGE), which doesn’t have an important market value attached to it.

Few hours after endorsing Dogecoin, the cryptocurrency rose by an impressive 50%. But regulatory authorities are still concerned about the risks in cryptocurrency investments, with several regulatory bodies warning traders and investors they could lose all their money from crypto investments.

But for Tesla, the company decides to diversify its funds and increased its cash returns. However, Tesla also warned investors about the volatility of Bitcoin’s price in its SEC filing. According to the SEC…

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Partnership Between Bridge Mutual & AllianceBlock Announced

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Decentralized peer-to-peer discretionary digital asset coverage platform Bridge Mutual has announced a partnership with AllianceBlock. AllianceBlock is a decentralized, blockchain-agnostic layer 2 protocol bridging decentralized finance with traditional finance. The partnership will allow AllianceBlock and Bridge Mutual to provide traditional investors with a protected bridge to DeFi through decentralized coverage. 

“Discretionary coverage is a very important part of our ecosystem, so we are excited to partner with Bridge Mutual and leverage each other’s technologies,” says Rachid Ajaja, CEO of AllianceBlock. “We look forward to building an ecosystem where all participants have access to the best products while mitigating the ever-present risk of smart contract failure, hacks, and the resultant loss of collateral value.”

In 2020, as much as $200 million worth of digital assets was lost in attacks on major digital asset services. Bridge Mutual’s platform gives users the option to purchase and provide discretionary coverage, reducing investors’ risk of losing funds because of theft, exchange hacks, stablecoin price crashes, exploited contracts, and other vulnerabilities in digital assets. 

By using Alliance Block’s multi-pair liquidity mining platform, Bridge Mutual will be able to offer BMI token holders instant liquidity through staking and high APY rewards for a variety of pairs. Once integrated into AllianceBlock’s P2P lending platform, Bridge mutual will be able to provide coverage to investors. Additionally, Bridge Mutual is working towards…

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