Connect with us


TRX Coin News: New TRON Plans For BitTorrent



TRX coin news

TRON (TRX), one of the most popular cryptocurrencies around, has just announced two big moves that will likely make it even more popular. These TRX coin news include a launch of the first TRON blockchain-based game, as well as plans for rewarding rewards for BitTorrent file sharing.

TRX coin news announces a new blockchain-based game

TRON has made a lot of members of the gaming community really happy with a recent announcement posted by Justin Sun. According to him, a company called BitGuild has been using TRON blockchain for creating the first idle blockchain-based game in the world — Magic Academy.

The game will revolve around the creation of wizards, and especially various upgrade items that will increase their power. Additionally, players will have an in-game currency — Jade — which is based on the TRC20 token. By buying additional warriors and increasing their battle power, players will also be able to attack others and steal their Jade. Not only that, but the game will also offer unique items that will be based on TRC721.

Finally, Magic Academy is written through the use of Solidity programming language, which is also compatible with TRON MainNet via TVM.

BitTorrent users to be rewarded for seeding with TRX

In another announcement, Justin Sun stated that BitTorrent is about to receive a new update. In this TRX coin news, it was announced that users who decide to seed content will be rewarded for file-sharing with TRX coins.

Until now, sharing content was free. Content providers, or seeders, allowed others (leechers) to download it due to their wish to help the BitTorrent community. Other than that, seeders had no greater incentive to save the content or to keep it available for others. Now, however, this is likely to change.

The statement came after the one that announced TRON’s new Project Atlas. The innovation is seen as one of TRON’s first bigger moves on the road to transforming the industry of content distribution.

According to Justin Sun, the new way of content distribution is what Project Atlas is all about. It will also improve the download speed, and it will provide more seeds. Additionally, there will be no mining, and the project will also introduce backward compatibility. This backward compatibility will allow BitTorrent users to enjoy the same services with no regard to their choice of Torrent client.

Seeders will also be able to receive payments from other users for providing additional bandwidth to their equipment. This is how download speed will be increased, while both sides will have a reason to become TRX owners.

According to Sun, the move will eventually empower content creators, as well as their communities. It will also eliminate the middleman, and content creators will be able to reach their communities directly.

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 Pexels


Investors Beware: Another Large Bitcoin Crash Might Be Coming



Bitcoin crash

The crypto prices have surged quite high in the last few months. Of course, their progress is nowhere near the one seen in 2017, but they appear to be getting there, one day at the time. However, things might not be as simple as that, and according to recent performance — it is more than possible that a major Bitcoin crash is incoming.

The fact is that cryptos saw a massive amount of growth in a very short period. Bitcoin itself more than doubled its price in only two months. Now, the rally is starting to crash in on itself, and the coin is already about $1,000 lower than last week. If such development does come to pass, a lot of people will experience quite large losses, although experienced investors might find some opportunities, and leverage in order to enhance their holdings’ long-term value.

For example, Bitcoin dominance is expected to crash very quickly, which will work in favor of quite a lot of altcoins. While this does not seem to be the best time to invest in BTC, altcoins are another story, and diversifying a portfolio now might end up being very profitable in days to come.

Bitcoin behavior mirrors the pre-bear market situation

The crash that analysts are predicting right now comes as a direct consequence of all the hype that has been building up in…

Continue Reading


Top 3 Coins to Buy Before They Go Big




Crypto bulls are back, that much is clear. The long-lasting, harsh crypto winter is gone, and the new era in digital currency sector opens up some rather interesting opportunities. With many more bull runs expected to come in months ahead, a lot of coins are likely to blow up and maybe even hit new all-time highs, although that still remains purely theoretical.

On the other hand, the fact is that numerous coins are seeing prices that were not achieved since early 2018, and the overall momentum remains bullish. With that in mind, even if new records do not come for a very long time — chances are that many of the coins will blow up enough for investors to see some serious gains in months to come. As a result, investing in some of these coins now might be a very profitable decision, for those who have the patience to wait a few months. Here are some of the projects believed to have the greatest potential to go big in the second half of 2019 and beyond.


Putting TRON on the list should not really surprise anyone, as the project constantly comes up with new project updates, partnerships, and alike. It also constantly breaks records, as is becoming one of the biggest players in the dApp and smart contract development sector.

In the past few…

Continue Reading


Can Crypto Credit Cards Disrupt the Fight Against Financial Crime?



crypto credit cards

It is commonly known that the world of finances has the biggest problem with the crime of all existing industries around the world. It has been so throughout history. While the financial world has evolved, so did the criminal activities, and they continue to be an issue. With the arrival of cryptocurrencies, many were hoping that financial crime might be disrupted. However, for now, at least, it appears that cryptos themselves cannot find a way to resolve issues such as international money laundering.

In fact, when it comes to money laundering, the crypto sector appears to be the weakest link, especially because of the nature of digital currencies. The anonymity that cryptos are being praised for means that anyone can get a payment from an unknown source from anywhere in the world. This method can then be used for financing drug trafficking, cyberattacks, terrorists, and more.

Until recently, it was not easy for bad actors to make use of cryptocurrencies obtained for illegal purposes. The number of merchants willing to accept the coins was low, and criminals were forced to find a way to exchange crypto into fiat currencies. However, this came with a set of issues, such as taking foreign exchange risks and then sending the money through wallets and exchanges to a banking system that would allow withdrawal. The banking account was the biggest obstacle here,…

Continue Reading