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TRON (TRX) Enters 6 Partnerships, including BitForex, D2F, OTCBTC, and Shiftmarkets

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6 years ago

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TRON

TRON (TRX) continues on its quest of global crypto domination, with six new partnerships in the last week, three of which were made in the last 48 hours. Additionally, its founder, Justin Sun, decides to up this crypto’s bug bounty program to $10 million.

TRON continues to conquer

A lot of skeptics believed that TRON (TRX) would not deliver on its promises prior to the launch of its MainNet. Stories and rumors of TRON being a giant scam dispersed once the crypto delivered on its promises, but it is safe to say that nobody expected that its development would continue at such a rapid rate. Not only did TRON continue to improve, it also started entering partnerships at a rate never seen before.

Just days ago, Justin Sun posted a tweet in which he stated that TRON will be listed on BitForex Exchange. Starting June 8th, crypto users will be capable of withdrawing and depositing TRX, with the coin being available for trading only a few hours later. This is the fourth listing of TRON on a new exchange between June 3rd and now, with the previous three exchanges to accept it being Max exchange, Coinex, and OTCBTC.

BitForex currently offers more than 10 coins on its platform, including Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), Litecoin (LTC), NEO (NEO), Ethereum Classic (ETC), and others.

Even more partnerships for TRON

Additionally, TRON has also announced a new partnership, but this time with Shiftmarkets. This is a relatively new brokerage company and exchange, and it will officially launch in the coming weeks. Its main goal is to close the gap between the cryptocurrency market and FX, and it plans to offer various deliverable assets, in addition to CFD liquidity.

Another partnership includes D2F, which is a carefully designed team, consisting of 70 individuals with ties to entertainment media and mobile device industry. The team has also announced its intention to run for the TRON Super Representative, for which the election will be held on June 26. This is a company that revolves around the development of blockchain, and its use when it comes to smart devices and dApps.

One more announcement was issued by Justin Sun on Twitter, and this one came only hours ago, in which he states that TRON will also be listed on Bitopro. Deposits, withdrawals, as well as regular trading,  will be possible starting today, June 7.

TRON’s bug bounty program

Bug bounty programs are a common method of hunting for bugs in the system, where companies would pay capable individuals for every vulnerability that they manage to find. So far, the TRON foundation raised a higher amount as a reward for finding the bugs than any other platform. Justin Sun doesn’t plan on leaving anything to chance and has decided to find even the smallest flaw in the system.

This new development came immediately after the exposure of EOS system bugs, discovered by Qihoo 360’s Vulcan Team. According to Qihoo 360, the discovered vulnerability is massive and poses a large threat.

Obviously, Sun doesn’t want to allow something like this to happen to TRON, which is why he urges those capable of breaching TRON’s protocol to step up and collect their prize.

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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

XNO Token of Xeno NFT Hub listed on Bithumb Korea Exchange

Published

3 years ago

on

January 25, 2021

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Hong Kong, Hong Kong, 25th January, 2021, // ChainWire //

Xeno Holdings Limited (xno.live ), a blockchain solutions company based in Hong Kong, has announced the listing of its ecosystem utility token XNO on the ‘Bithumb Korea’ cryptocurrency exchange on January 21st 2021.

Xeno NFT Hub (market.xno.live ), developed by Xeno Holdings, enables easy minting of digital items into NFTs while also providing a marketplace where anyone can securely trade NFTs.

The Xeno NFT Hub project team includes former members of the technology project Yosemite X based in San Francisco and professionals such as Gabby Dizon who is a games industry expert and NFT space influencer based in Southeast Asia.

NFT(Non-Fungible Token) technology has recently gained huge focus in the blockchain arena and beyond, making waves in the online gaming sector, the art world, and the digital copyrights industry in recent years. The strongest feature of NFTs is that “NFTs are unique digital assets that cannot be replaced or forged”. Unlike fungible tokens such as Bitcoin or Ether, NFTs are not interchangeable for other tokens of the same type but instead each NFT has a unique value and specific information that cannot be replaced. This fact makes NFTs the perfect solution to record and prove ownership of digital and real-world items like works of art, game items, limited-edition collectibles, and more. One of the ways to have a successful…

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Altcoins

Should Crypto Projects Devote Resources to Community Growth and Marketing?

Published

3 years ago

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December 31, 2020

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2020 has been an incredible year for crypto as investors have generated windfall profits and crypto projects have seen their businesses gain the spotlight they’ve been looking for.  While Bitcoin has received most of the attention after major institutional investors announced they were accumulating the increasingly scarce asset, many altcoins have also seen their fair share of glory.  When looking at all the big winners of the past year, the first project that probably comes to mind is Chainlink, having appreciated by more than 550% YTD and now valued at over $4.5 billion.  But, the actual biggest winner of the year is HEX with a YTD return of over 5,000%.

I mention both of the above projects as they have each taken slightly different paths to achieve greatness.  Chainlink has devoted resources toward building a fundamentally sound business with many strategic partnerships while HEX has spent vast sums of money on marketing and promotion.  Both approaches are valid, but one thing is certain, it is absolutely imperative for crypto projects to let the crypto community know what makes them special.  Of course, one of the reasons that makes crypto so valuable is the powerful blockchain technology that most projects are utilizing.

Cryptocurrency vs. Blockchain Technology

It’s important to make a distinction between blockchain technology and cryptocurrency.  Although they are often used interchangeably, they are different.  Blockchain technology and crypto were both created after the 2008 financial crisis, but cryptocurrency…

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Altcoins

XENO starts VIP NFT trading service and collaborates with contemporary artist Hiro Yamagata

Published

3 years ago

on

December 24, 2020

By

Hong Kong, Hong Kong, 24th December, 2020, // ChainWire //

The XENO NFT Hub (https://xno.live) will provide a crypto-powered digital items and collectables trading platform allowing users to create, buy, and sell NFTs. Additionally it will support auction based listings, governance and voting mechanisms, trade history tracking, user rating and other advanced features.

As a first step towards its fully comprehensive service, XENO NFT Hub launched a recent VIP service to select users and early adopters in December 2020 with plans for a full Public Beta to open in June 2021. 

“NFTs are extremely flexible in their usage, from digital event tickets to artwork, and while NFTs have a very wide spectrum of uses and categories XENO will initially focus its partnership efforts and its own item curation on three primary areas: gaming, sports & entertainment, and collectibles.”, said XENO NFT Hub president Anthony Di Franco.

He also added “This does not mean we will prohibit other types of NFTs from our ecosystem However, it simply means that XENO’s efforts as a company will be targeted into these verticals initially as a cohesive business approach.”

Development and Procurement Lead, Gabby Dizon explained, “Despite our initial focus, we found ourselves with a unique opportunity to host some of the works of Mr. Hiro Yamagata. We are collaborating with Japanese artist Hiro Yamagata to enshrine some of his artwork into NFTs.”

Mr. Yamagata has…

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