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New Nolex Exchange – Elegant Experience in the Heart of Tron

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I wondered what makes an exchange elegant and then I saw Nolex. It’s like they were communicating life is a game of intuitive experience and you refuse to be boring. 

The Nole community launches its first interactive exchange – Nolex. This exchange will be simple, have an intuitive user experience and community-driven. The exchange will give members a 50% discount on trading fees. Members will also be able to earn commissions by inviting friends. Nolex exchange referral program guarantees a 10% commission every time your referrals make a trade.

The blockchain leader announced the progress of its ecosystem in a mind-blowing letter to its community. Saying they are creating more trust and reliability this year. A prior letter on the firm’s medium page acknowledged 2019 as a great year. 

When three community managed to grow more value and more community for its tokens. 

Excited about a successful 2020, Nole anticipates building more trust and reliability. With these comes the proud announcement of the NoleX cryptocurrency exchange. Next in the development is Nolegends, a blockchain platform for gaming and giving.

Nolelegends will disguise itself as an educational and philanthropy among gamers. While the platform will create a fun experience for its community, it will also inspire people to confront global issues. 

Nole highlighted that they are not only building great products but also creating a name for themselves in the crypto space. 

“Great products are not enough, we should squeeze in a little more” 

Among the key insights that will guide the next development phase on Nole include: 

  • NOLE -FIAT  exchange ATMs
  • More diverse exchange listings
  • Philanthropic events 
  • Attain 10,000 active members 

The firm also launched a new initiative in a move to create more transparency in the ecosystem. Nole team members are an important part of the community. The blockchain leader, therefore, launched an initiative dubbed “Introducing the Nole Team” on February 1. 

Deba
Mr Debasish Das

“Introducing the Nole Team” is a series of blog posts on its medium platform, that will help users get to know the team behind Nole better. Meanwhile, they kicked off the series by first introducing Debasish Das. 

Nole hopes the series will build more trust in the community. 

 

Poloniex Exchange is Under Threat of Email Leak

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Looks like Poloniex crypto exchange is suffering data breach as the exchange recently requested its users to reset their password and account security.

Poloniex Confirms Data Leak

Tweeting on December 30, a Twitter account dubbed “Charly” posted a screenshot of an email purportedly received from Poloniex crypto exchange. Charly notes it as “scam email” to which Poloniex crypto exchange replied by confirming “this is a real email”. The message mentioned in screenshot reads as;

A couple of hours ago we discovered that someone leaked a list of email addresses and passwords on Twitter, claiming the information could be used to log in to Poloniex accounts. While almost all of the email addresses listed do not belong to Poloniex accounts, we are forcing a password reset on any email addresses listed that do have an account with us including yours.

What suggested as a scam email quickly turned out to be true following Poloniex’s customer support response. Notably, the exchange confirmed that the email was indeed real and requested users to reset their password for account security.

At the moment, it is unclear the amount of data leaked on Twitter, in fact, additional information about who leaked the data and when it was leaked remained hidden. More so, what causes the breach of email data is still unclear.

The exchange captured mainstream bulletins when the Tron boss “Justin Sun” reportedly invested in Poloniex. Furthermore, the investment made in a wake of exchange parted away from the crypto conglomerate Circle. The exchange has a quite dull remark in the crypto industry when hackers breached the servers of Poloniex.

The update comes in a wake of Justin Sun’s new acquisition of DLive, a blockchain-based live streaming platform. Following the acquisition, DLive will work together with the BitTorrent “to bring blockchain-based peer-to-peer content sharing including live streaming, to everyone”. DLive exists in the blockchain ecosystem since 2018 and surged in popularity when a YouTube star PewDiePie signed a deal with DLive.

Tron’s BitTorrent adds another feather to its cap; records sixth highest market volume

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Tron and its partnerships have created a storm in the cryptocurrency space with several updates and developments coming from the Justin Sun led cryptocurrency company. This move has only been overshadowed by Tron’s recent bullish surge on the charts, making it one of the biggest gainers on the charts.

Latest reports show that Tron’s acquisition BitTorrent’s BTT token has grabbed the sixth position on the cryptocurrency charts in terms of trading volume. The coin which was just released last month is also closing in on six times the pricing of is Initial Coin Offering [ICO] a week ago.

Recently, BitTorrent recorded a flash hoke where it pumped by over 50% within hours. At press time the token is valued a $0.009611 while recording a market cap of $546 million. What made the volume figure jump out was the fact that it as more than that of popular cryptocurrencies like XRP, Tron, Stellar and Bitcoin SV.

The BitTorrent token was also in the news recently when its public sale got over in record time on the Changpeng Zhao led Binance. A total sale of 59.8 billion tokens was made during the sale. The timing could have been cut short if not for a technical glitch that was pointed out by both Changpeng Zhao and Justin Sun. Sun had tweeted:

“I would like to explore the possibility with @binance to giveaway free $BTT to everyone on launchpad fails to get #BTT today. #BitTorrent community wants you! Not 100% guarantee. Need to figure out detail. BUT RT if you agree! @cz_binance #TRON $BNB $TRX”

The Tron CEO had also revealed that 5000 BTT tokens were successfully transferred in an airdrop. He further said:

“#BitTorrent (#BTT) has completed an airdrop of 5,000 $BTT to all users that were eligible but unsuccessful in purchasing BTT on @binance Launchpad. #TRON #TRX $TRX”

Image courtesy of PixaBay.

Tron (TRX) acquires BitTorrent’s BTT record highest daily volume on Binance

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Tron [TRX]’s efforts to push cryptocurrencies into the mainstream realm has certainly captured the attention of users and holders everywhere as the Justin Sun led cryptocurrency does not look to be slowing down. The multiple updates and developments coming from the Tron roster has certainly helped the cryptocurrency regarding price as TRX now rests at the 8th position on the charts after overtaking Stellar and Bitcoin SV.

One major news related to Tron was the recent BitTorrent public sale which was partnered with Binance, the largest cryptocurrency exchange on the planet. The partnership had also recently announced that they had completed the BitTorrent [BTT] public sale in record time. Justin Sun had tweeted:

“It is official: In the BNB session, all 23.76 billion BTT were sold to token sale participants within 13 minutes and 25 seconds. Meanwhile, in the TRON session, all 35.64 billion BTT were sold within 14 minutes and 41 seconds. #BTT $BTT #BitTorrent #TRON”

Post this development, reports show that the BitTorrent token had the highest daily volume on Binance just one day after launching trading with non- TRX pairs. The trade volume on the platform amounted to 23,555 BTC which was more than the combined trade volume of XRP, Ethereum, Tron and Binance Coin on the platform.

The BTT Airdrop to Tron holders is slated to start by February 11. The public sale that occurred recently had taken place in two phases: one conducted by Tron while the other one was conducted on the Binance Launchpad. Binance’s official release stated:

“Token sale prices for each session are now locked and set at:

1 BTT = 0.00001824 BNB (using a BNB price of 6.58000 USD)”

Binance CEO Changpeng Zhao revealed to users that the sale was met with such excitement that it caused a system issue. He had tweeted:

“Both sessions concluded. Took about 18 minutes, due to a system issue, would have taken 18 seconds otherwise.  Demand was astronomical.”

The issue that occurred was related to problems in the “user agreement confirmation” button caching/locking. He even admitted that the earlier stress tests had focused on the buying process and not on the user agreement confirmation button.

Image courtesy of PixaBay.

Tron strikes big (again); TRX hits BitMart, exchange with over 540k users

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It seems like the month-long cruel bearish trend comes to an end as all the cryptocurrencies in the crypto-space are taking the sigh of relief and starting to ascertain what the recent brutal period has affected them in whole.

While all the giants of virtual-sphere struggled to keep themselves from getting thrashed, there were several instances for the rapidly growing blockchain-based decentralized operating system in the world, Tron, to have achieved exemplary landmarks even during that period.

While it achieved a million transactions per day, more than once, it also succeeded in gaining recognition from few of the top-ranked exchanges in the world. Just a few days ago, Tron also broke the record of 2.53 M transactions per day, to name few of the significant developments of the platform. Seems like the tireless efforts, dedication and on-time decisions of the foundation’s authority are paying off well.

The stride to become the leader of the crypto-verse does not just halt there. Just a couple of days ago, the CEO of Tron, Mr. Justin Sun, took to the Twitter for announcing its another, not easy to be ignored, development. According to his tweet, Tron is going to be listed on BitMart, one of the top 15 exchanges, starting from December 18th:

From December 18 onwards (yesterday), Tron enthusiasts now will be able to withdraw or deposit TRX on BitMart alongside over a half million users, globally, of the digital asset trading platform where it will be paired with Bitcoin, Ethereum Tether and the BitMart’s native token BMX.

Understandably, the announcement brought considerable excitement in the crypto-community who appreciated the news-bearer as follows:

Another Tron lover applauded the efforts of the CEO of their beloved crypto by insisting on the fact that he is doing great work and should continue to do so, says a lot about their excitement on the recent happenings on the platform:

More about BitMart

BitMart is a top-notch digital asset trading platform in the virtual market with over 530,000 users globally. BitMart, at the moment, provides 147 trading pairs at lowest trading fees (competing with some) in the market. Recently, the platform initiated credit and debit card deposit options and is planning to offer full fiat services by the end of this year.

About a couple of weeks ago, BitMart announced that they are going to list TRX on their platform because they believe that it will help them to “reach a consensus in the blockchain community.”

Founder and CEO of the exchange then commented on the development by saying,

“Public chains give developers, and users access to the network with only one entrance and are based on one set of standards. As BitMart’s long-term vision is to help reach a consensus in the blockchain community, our partnership with Tron will undoubtedly facilitate us to achieve this ambition based on our shared goals.”

Tron’s Current Position in the Market

At the time of publishing this piece, Tron is making a positive stride in the market with the price standing at $0.016 by maintaining 11.5% gains in the past 24 hours while having the market cap of $1,069,736,280.

Image courtesy of Pixabay.

Trading Tron gets quicker and easier as TRX makes it to SwftCoin

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Just a couple of days ago, Tron’s Tronwallet got upgraded with the addition of Decentralized Exchange (DEX), where 5 new pairs have been announced. The stride to magnify their community’s passion does not just pause there.

In one of his recent tweets, Justin Sun, the creator and the CEO of Tron, announced that, to make the crypto trade safer and faster, they have partnered with the cross-chain wallet app Swftcoin. Users now will be able to trade TRX through Swftcoin at low fees and excellent speed, as it utilizes AI & patent-pending cross-chain transfer algorithm.

What’s SwftCoin all about?

SwftCoin is basically a globalized platform for the transfer of digital currencies. The platform provides one-click transaction service which takes merely up to 1 minute to complete the transaction. SwftCoin’s asset transmit services are available for the crypto community on both mediums; website and mobile application.

The main objective of the platform is to better the potency of crypto-sphere by providing cheap, thoroughly-protected and impenetrable transaction services, which is achieved by incorporating AI algorithms, the blockchain, extensive learning, and big data.

The transition of assets through SwftCoin is quite fast and easy to follow because of the cross-chain technology it uses. Also, its AI algorithms help the crypto-community allocate their virtual estate if they wish to.

Tron: What’s more to come

In its weekly report, the Foundation hinted at few of its future plans. They are going to launch Tron Ecosystem Co-builder Plan to support freelance developers, dApp developers, Tron-backed startups and more by catering a permanent platform for them to communicate and to be in cahoots with the Tron foundation. Though the exact date of the launch has not been revealed, the news surely has brought some excitement to the community.

Not too long ago, another interesting announcement came by the Sun-led Foundation in the form of Tron Accelerator program. The program will be promoting innovative ideas and rewarding the best with $200,000. Along with that, they also have a plan to award over 55 teams. Up until now, more than 7000 views have been cited and beyond 100 teams already have signed up for the Tron Accelerator contest.

TRX market right now

For the last 24 hours, the market as a whole hasn’t salvaged any breath even after a long four weeks bearish trend, with most of the cryptocurrencies still in the red, according to the CoinMarketCap. Tron is trading at $0.01309, with a little decrease of around 2% throughout the day. The coin boasts $867,468,760 as its current capitalization.

Image courtesy of Pixabay.

SEED token, Tronwallet DEX, new trading pairs: Tron on a roll

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In order to counter the much-asked questions and expectations, Tron (TRX), the 10th largest digital currency in the crypto-sphere, as anticipated, has decided to enrich Tronwallet by blending DEX (Tronwallet Decentralized Exchange) as one of the new upgrade included in the Tronwallet’s latest version.

In an announcement by the Tronwallet team, the update was made available to be downloaded globally, except some part of the world, where the giant tech guns, Apple and Google are working to ensure the availability of the application to the public.

In addition to this amazing news for the Sesameseed and Tronwallet communities, Tron (TRX) has also confirmed that they are introducing new trading pairs on the exchange (DEX) along with the induction of Seed token, which will also go down in those pairs.

In its release, Tronwallet’s team verified the induction of Seed token’s pair with Tronix (TRX/Seed), in conjunction with the pair of Tronwallet and Tronix (TRX/TRW). The team also gave a little glimpse at its future plans by mentioning that they are planning to make efforts towards introducing Tronwallet as a trading market, where alongside other new pairs, TWX/Seed pair will also be included.

The Tronwallet team, in its official issuance, admitted the fact that the DEX (Tronwallet Exchange) has similarity with Bancor Exchange to some extent concerning functions and style. That said, DEX Exchange brings some unique benefits to the community.

Let’s check out what those advantages are:

  • As Tron’s enthusiasts expected, it is user-friendly and easy to use, Tronwallet DEX will look familiar to Tronwallet as it will be sharing the same interface and style.
  • Crypto community no longer needs to worry about where to keep their savings, or patronage as many people usually surf more time than needed in researching about these little quirks. Tron (TRX) provide them the opportunity to store their assets at which they trust the most, Tronwallet.
  • TronWallet provides the opportunity to do trading without sharing your private key. By doing so, it also accomplishes to solve one of the major concerns of the community; they no longer need to expose their private keys.
  • It also guarantees zero discrepancies and mistakes during the exchange of funds. Tronwallet accommodates its community to trade inside their own wallet. No more copy/paste of website URLs, no more verifications needed for the route direction (whether it is going to the right place) since the exchange is happening right in your wallet.

Talking about some of the other latest achievements that Tron has had in the past couple of weeks, its listing at the renowned exchange MABex (South Asian trading Exchange) is a significant stride.

Also, the migration of the famous Ethereum based game, BitGuild, onto the Tron blockchain is a big success. Just today, the blockchain added three new trading pairs, BET/TRX, FUN/TRX, GOC/TRX, on its decentralized exchange, DEX. Looking at all the recent developments, it’d be safe to say that 10th best cryptocurrency is moving in the right direction.

Image courtesy of Pixabay.

Better Tron DEX, better trading: GOC is online!

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There’s a new cryptocurrency exchange platform specialized in TRC20 tokens (which are based on Tron’s blockchain). It’s called GOC, and it’s already online. It’s the first Tron-based decentralized exchange supporting TRC10 and TRC20 tokens.

The new platform launched on the 3rd of this month. It will allow users to exchange Tronix-based tokens paired against TRX. It also allows users to create their own tokens. This means that when TRC20 initial coin offerings become a thing, as ETH20 ICOs became in the Ethereum network, GOC will probably be the place that will hold them.

Tronscan, which is a website that functions as something of a control panel for Tron accounts, included a decentralized exchange system for the same kind of tokens in the beginning but those tokens have been slowly moving from Tronscan to GOC, so it’s expected that the latter will end up being the “official” Tron-token platform sooner rather than later.

The new website is very friendly but it charges transaction fees (0.2%), and that could open the way for the new Tron-based trading platform to appear in the market in the next few months.  On the other hand, GOC has no limits on the number of tokens you can trade in any given session, which is an advantage and allows for all these new tokens to be traded in higher values.

Some airdrops are on the menu, and they will start happening soon. Stay tuned in our website to find out the correct dates.

GOC is already listed by Cobo Wallet which is a mobile wallet designed to manage cryptocurrencies. It serves both institutional and retail clients. MathWallet is also supporting the DEX. It supports the TronLink plugin wallet just as Tronscan, which is probably the easier wallet to use since it’s just a free chrome extension you can use in any operating system to keep track of your TRX and other TRC20 tokens.

This development is important for Tron in particular and the cryptosphere in general because it’s another direct challenge to one of Ethereum’s strengths. As you probably know, Tron started as a project running on Ethereum’s network, where it stayed for half a year until it developed and launched its new main net.

Ever since it became an independent blockchain, it’s proven to perform way better than Ethereum in terms of speed, and also way cheaper because it doesn’t charge for gas (you do have to pay for energy and bandwidth, but that’s another story, and they’re relatively cheap). This has created the perception that Tron will end up being too attractive to current Ethereum users and developers to ignore, and that many of them will migrate their projects en masse. Justin Sun in person has expressed his interest to welcome the ETH refugees into Tron.

And now, with the new GOC online, that seems only more likely.

It’s an exciting time to watch Tron grow and develop as new things, and project come online every month, the platform keeps expanding and, slowly but surely, new decentralized applications are starting to appear in Tron’s network.

Last but not least, the token’s value is growing when compared to the rest of the market. Tron is already 10th by market capitalization, and it’s been quite solid as the bearish run has protracted for almost a year now. It overtook Cardano and Monero to reach the tenth spot, and its capitalization was as high as 1.01 billion only a few days ago.

Image courtesy of Pixabay.

Tron (TRX) receives Binance Info gold label; Sun comments on the bear market

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The recent bear market has been nothing short of a massacre for the cryptocurrency market with several coins seeing multiple support breaks and deteriorating market cap. Tron, which has also suffered under the bear’s wrath has continued its progress towards mainstream adoption, which has been supported by officials of the Tron Foundation as well as Justin Sun, the Founder and Chief Executive Officer of the Tron Foundation.

In a recent tweet, Mr. Sun informed users that Tron had added another feather to its already burgeoning cap. The CEO announced that Tron has officially become one of the first round projects to receive Binance’s Gold label tag. In an official blog post, Binance had stated:

“Today, Binance Info is launching the Gold Label Project! TRON has officially joined this and has become one of the first round invitations that got verification from Binance Info. Now users or TRX holders can learn more about TRON’s team members, real-time trading, distribution of tokens, TRON news, etc. on Binance Info.”

According to the update, the first 100 cryptocurrency projects that will be a part of the initiative will be tasked to provide the most accurate, transparent and trustworthy project information for investors. Binance Info has also gone ahead and stated that as more users join the initiative, the movement for maintaining the accuracy of projects on the network only increases.

Sun was also in the news recently, when he suggested that users on the Ethereum network should move to the Tron network. He had tweeted:

“In bear market, #Ethereum developers should migrate your token to #TRON immediately. 1. 0 transaction fee, no gas in #TRX. 2. Compatible to #ETH, 0 migration cost. 3. 2000 TPS. 4. #TRON dex listing. You can easily increase your token value 100% with High liquidity. $TRX”

The market crash was also brought into notice by the chief Tron official, confidently stating that Tron will overcome all obstacles. In his words:

“In today’s blood bath, we must remember that nothing has ever changed. #blockchain #bitcoin #DAPP is the future and #TRON will decentralize the Internet. Check out #TRON 6 month data, we haven’t seen such amazing increase before. Plz check after 2 years! #TRX $TRX”

Image courtesy of Pixabay.

Tron (TRX) partners with Huobi Wallet; bounty program announced

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Tron [TRX] has been in the news multiple times lately with the announcement of several developmental updates and partnerships. The excitement on the network comes in the wake of an intense bear market which has seen many cryptocurrencies fall to yearly low prices.

Recently, Justin Sun, the Founder and Chief Executive Officer [CEO] of the Tron Foundation, gave Tronics another reason to celebrate when it was announced that Huobi Wallet will now officially support the TRX token.

Users and holders of the cryptocurrency were also told that a bug bounty program would follow the partnership. The news has certainly reached a lot of ears, which was evidenced when Changelly, another cryptocurrency exchange stated on Twitter:

“Congrats to @HuobiWallet and @Tronfoundation! We are proud to work with you both through these uncertain times together”

Huobi was also in the news recently when it was announced that the digital asset provider was going to expand into Indonesia. Li Huo, the Vice President of Huobi Global, had said:

“Huobi Cloud’s entry to the Indonesian market will be able to help drive change in the traditional financial marketplace by providing a channel for small to mid-size enterprises to integrate into the broader financial marketplace. New legislation will come into play that brings cryptocurrencies and the blockchain into the regulatory field.”

The Huobi Wallet also announced that users can now store TRX on it to share up to 400,000 TRX bonus. The cryptocurrency exchange has also said that the snapshot will be taken on November 25th and the bonus will be based on the size of the user’s TRX asset.

Alongside the rest of the crypto market, Tron has also been in a ‘tight’ bear hug lately, but that hasn’t stopped Sun and his team to keep striving forward. The developments of the blockchain project are a hint that it is a genuinely serious crypto project that means business. You should not worry about current TRX price and instead focus on its long-term potential and real-life usability, the price will follow sooner or later eventually.

Image courtesy of Pixabay.