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TRON (TRX)

TRON [TRX] Is Now Supported On This Luxemborg-Based Exchange

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TRON [TRX] gets featured on Blockchain.com for trading as well as earning rewards in the exchange’s wallet. According to the press release, there will be several incentive schemes, one of which rewards TRX holders up to 8% in annual rewards.

“TRX is available to send, receive, buy, sell, swap, and earn rewards in the Blockchain.com Wallet and to deposit, trade, and withdraw on the Blockchain.com Exchange, making TRX more accessible for people to use worldwide”.

Founded in 2011, led by Peter Smith, Blockchain.com called itself the early pioneer of key infrastructure for the bitcoin community and later created a crypto wallet and exchange. The firm boasts of conducting over trillion transactions and has offices across 200 countries around the globe.

As stated on its website, Blockchain.com is a full-stack crypto services platform that works with crypto-native businesses and institutional clients on lending, trading, and custody solutions tailored to the client’s needs.

With respect to the latest listing, TRX would now be available to over 37 million verified users worldwide and 84 million wallet holders.

Apart from trading platforms, market makers also are helping the TRX token improve liquidity across various exchanges. 

Tron Strikes Deal With Wintermute To Become Official Partner

The TRON ecosystem recently entered into a strategic partnership with one of the largest players in the global digital asset markets.

Wintermute will be in charge of establishing liquid TRX markets and assisting DeFi activity on the network as Tron’s official market maker. Its DeFi ecosystem is second-largest after Ethereum in terms of Total Value Locked [TVL]. 

There is now $5.84 billion in TVL spread across Tron’s 10 projects, whereas, the $35.22 billion that Ethereum boasts comes from 553 separate projects.

On the landmark deal, David Micley, director of business development at Wintermute, said:

“Whether it’s through judging the recent Grand Hackathon, joining the TRON DAO Reserve as a whitelisted member, and most recently launching our partnership as the designated liquidity provider for TRX, Wintermute is proud to utilize our DeFi and market-making expertise to strengthen the Tron ecosystem,” he said.

The TRON protocol and its dApp ecosystem are supported by TRX, a TRC-20 utility coin. As the native token, TRX powers smart contracts to handle transaction costs and operates as a unit of account for the entire TRON ecosystem.

Trifecta for Success: Why Analysts are Touting  Budblockz (BLUNT), Tron (TRX) and Polygon (MATIC) for big gains

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As cryptocurrency markets struggle to shrug off this year’s crypto winter, a new investment landscape is coming into focus, led by a couple of familiar names and a new face on the scene. Analysts looking for resilience against short- to medium-term turbulence and significant future returns are eyeing Tron (TRX) and Polygon (MATIC) as established cryptocurrencies ready to assert themselves and lead the next revival of crypto valuation. Joining them is cannabis-related BudBlockz (BLUNT), whose strong pre-launch sales and prudent alignment with a growing industry have crypto observers expecting great things.

Tron has distinguished itself throughout 2022 by retaining value more consistently than Ethereum (ETH), which it was designed in large part to emulate. None of the parade of so-called “Ethereum killers” has lived up to that title, but Tron combines a recognizable architecture with greater efficiency than the Ethereum blockchain provides, and both developers and investors are taking note. 

More than 1,500 dApps run on Tron’s platform, giving it the market heft that analysts are looking for in the crypto space’s next vanguard. Even when Tron’s stablecoin, USDD, stumbled out of the gate and momentarily lost its peg, it recovered to establish itself as a decentralized currency capable of expanding the range of use cases for cryptocurrency in general.

Like Tron, sidechain innovator Polygon bases its value proposition on facilitating the development and use of decentralized applications. And like TRON, MATIC has proven exceptionally resilient during a rough 2022, posting one of the best performances among major tokens. With a market cap of just over $7 billion, Polygon isn’t a market-driving behemoth, but its status as a major force behind a huge range of use cases (including the evergreen NFT and gaming markets) may help it rise up the ranks in the years to come.

By contrast with those established tokens, BudBlockz is still building toward its official launch. Industry observers, though, point to its extraordinarily strong pre-launch support and firmly anchored use cases as evidence that BLUNT represents the strongest breakthrough candidate among this year’s new and pending tokens, and perhaps the best value play in the crypto space.

BLUNT’s private sale is well ahead of schedule, opening up the very real possibility that its allocation of tokens will be depleted long before its official presale begins in late September. This remarkable demand has nothing to do with hype—no BudBlockz Army has announced itself as yet—and much to do with BLUNT’s compelling value proposition and recognizable, grounded set of use cases. Its roadmap is predicated on supporting the retail cannabis industry’s explosive growth, with asset-backed NFTs facilitating direct investment by BudBlockz users in the companies they wish to assist. Plans for a network of virtual dispensaries operating in concert with brick-and-mortar cannabis retailers also figure into BudBlockz’s long-term strategy, giving crypto analysts ample reason to believe in BLUNT’s promise even before it hits the open market.

The past ten months have been choppy for crypto investors. But tough times often distinguish fleeting opportunities from those with real staying power. Tron, Polygon, and BudBlockz are emerging as sound investments for the rest of the crypto winter and beyond.

Learn more about BudBlockz (BLUNT)

Official Website: https://budblockz.io

Telegram Group: https://t.me/BudBlockz

Discord Server: https://discord.gg/s7hBFgvTmN

All BudBlockz Links: https://linktr.ee/budblockz

To purchase your $BLUNT tokens 

Step 1: Visit the official BudBlockz website https://budblockz.io

Step 2: Click the “sign up” button at the top of the page 

Step 3: Create a Budblockz account. Ensure you use a valid email address.

Step 4: From your client dashboard, click the “buy $BLUNT” button

Step 5: set the amount you want to purchase and the currency you want to order in

Step 6: Make the payment to the provided wallet address

Step 7: Receive your tokens!

Justin Sun’s Poloniex Exchange Lists Ethereum Forked Tokens

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Justin Sun-backed Poloniex Exchange has finally listed Ethereum forked tokens. As per the official announcement the exchange published the listing of ETHS/USDT, ETHW/USDT, ETHS/USDD, and ETH/USDD trading pairs.

Among these tokens, ETHS stands for proof-of-stake-based tokens, while ETHW represents for proof-of-work-based tokens. At present, all ETHS and ETHW transactions have no transaction fees.

In an earlier blog post, the trading platform decided to extend support for these two tokens to mitigate the risk “from market volatility during the hard fork” as well as secure users’ assets.

The blog further stated that ETH holders can swap their tokens with the two potential forked tokens on Poloniex before Ethereum 2.0 upgrade at a 1:1 ratio or vice versa.

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Justin Sun's Poloniex Exchange Lists Ethereum Forked Tokens 2

The much awaited “merge” refers to the network’s transition to proof of stake which would essentially discontinue ETH mining, upsetting well-known miners like Chandler Guo.

As a result, Guo and his ilk are attempting to launch ETHW in order to allow GPU miners to continue to mine a form of Ethereum.  

If the merge, which is slated to occur on September, goes off smoothly, then Poloniex will automatically convert all ETHS into upgraded, post-merge ETH. And, if during that time, Guo and his followers fail to fork the Ethereum network, Poloniex will suspend and delist ETHW and its related markets, in accordance to the blog post.

Buterin Takes A Jibe At Justin Sun

TRON founder Justin Sun’s latest endorsement also correlates to his tumultuous relationship with Ethereum and the network’s co-founder, Vitalik Buterin who take a dig at Sun occasionally.

During South Korea Blockchain event, Ethereum founder, Buterin, without directly referring Justin Sun slammed those trying to push for a hard fork of ETH to retain proof-of-work as “simply trying to make a quick buck.”

Vitalik stated that he has received many support for proof-of-stake from within the community and claimed that most people who intends to keep proof-of-work are “outsiders.”

On the other hand, Chainlink protocol decided to not entertain the forked versions of the Ethereum blockchain and recommended developers and dApp teams to paused smart contract operations to avoid unforeseen incidents and help protect end users.

TRON [TRX] Surpassed BNB Chain To Reach Top 2 In DeFi TVL

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TRON [TRX] overtook BNB to become the second highest chain worldwide at $5.82 billion in the latest DeFi TVL rankings. On July 1, the protocol’s TVL was $3.95 billion and rose to $5.91 billion on the last day of the month, an increase of 49%.

TVL is the most significant DeFi indicator as it denotes the popularity of a project with the number of active users. It is a reliable metric to evaluate the robustness of a project.

The latest resurgence in total value locked is attributed to the growth of decentralized applications [dApps] in the ecosystem which is taking off to new highs.

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TRON [TRX] Surpassed BNB Chain To Reach Top 2 In DeFi TVL 4

The first official TRON-powered lending protocol JustLend surged by over 19% in recent times. 

In a report published on its weekly updates highlighted crucial data from the network’s performance. The post revealed that there are a total of 4,050 active dApps on TRON.

According to a tweet from Tron Scan, these indicators have transformed the blockchain into ‘the second largest public chain by stablecoin market cap and third largest public chain by TVL.’

The report further stated that the JustLend DAO passed the security audit by blockchain security firm CertiK. The DAO has even managed to reach the top five on CryptoDiffers’s Top 15 DeFi projects by TVL.

TRON’s First lending Protocol Is Leading Star

As a matter of fact, trading volume on JustLend DAO jumped by 3x times $1.28 million on 26 July to $3.83 million on 27 July. The DAO is dominating the TRON DeFi with its high TVL and is followed by yield farming protocol SUN.io at a distant second place.

Other important contributors are Algorithmic stablecoin JustStables [USDJ] which also expanded by over 2% within a similar period. In addition to that, Decentralized exchange [DEXs] SocialSwap and UniFi were up by over 6% and 550% respectively.

Established in 2017 by Justin Sun, TRON initially began as an ERC20 token on the Ethereum network. Due to adaptability issues combined with high gas expenses, TRON reported in 2018 that it is migrating to an independent peer-to-peer network. Its native token TRX’s market cap stood at $6.43 billion, at press time.

TRON [TRX] Is Now Available To 4.5M Users Of Crypto APIs

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TRON Mainnet is now integrated into the Crypto APIs blockchain infrastructure product suite granting access to the latter’s 4.5 million clients, the announcement post read. On the latest addition, it said,

“To address the growing demand for operating and building on TRON, we have incorporated it into several of our products. Crypto APIs customers can now interact with TRON and make requests to 20 REST API endpoints using our simplified and streamlined platform. We also provide support for all TRC-20 and TRC-721 tokens.”

The blockchain development platform boasts of having the support of over 30 networks with an average processing time of 25ms. Apart from that, the platform also supports top crypto exchanges such as Binance, Coinbase, Tron-backed Poloniex, and many more.

Recently Poloniex announced a new trading system to provide Market Makers and experienced traders with higher speed, as well as better stability and usability.

The trading platform has ramped its system’s order matching speed and transactions by at least 30x and 10x respectively, improving the exchange’s overall liquidity. 

Poloniex which was founded in January 2014, has received significant funding from Tron boss Justin Sun who termed the latest launch a “landmark step.”

Just yesterday, Tron set foot on a new milestone as its Total Value locked [TVL] figure exceeded $5 trillion, TronWeekly reported. The protocol became the second largest public chain by stablecoin market cap and the third largest public chain by TVL count.

Further, TRX recently gained entry to more than 81 million users of Wirex.

TRON Added To Over 81M Wirex Clients

“Introducing TRX, as our most recent addition to Wirex! You can now buy, hold, exchange and sell TRX in-app or spend it over 81 million retailers around the world with your Wirex card.”

Wirex, a digital payment platform, has expanded its ecosystem to enable 4.5 million users to access TRX tokens. By this, Wirex users can receive, send, store and exchange the token across its app, wallet, and payment platforms.

The crypto wallet provider was founded in 2014 by CEOs and co-founders Pavel Matveev and Dmitry Lazarichev. Wirex has over 4.5 million subscribers spread across 130 nations, including the United States.

TRON Became Top 3 Public Chain With Over $5 Trillion TVL

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TRON tapped a new milestone as its Total Value locked [TVL] figure exceeded $5 trillion, data from TRONSCAN revealed. Thus becoming the second largest public chain by stablecoin market cap and in the Top 3 largest public chains by TVL count.

The findings also revealed that the blockchain has currently a total of 105 million new users and that its network has processed over 3.6 billion transactions. The growth has been attributed to several developments undertaken by the TRON team.

One however stood out, and that is its partnership with WeFund, a multichain community crowdfunding incubator for blockchain and real-world projects, that intends to attract more users to the DApp market and provide use cases for TRON-based payments.

With respect to 24-hour international trade volume, the Tron network is a leading Proof-of-Stake [PoS] blockchain network. In addition to that, the native coin of the blockchain TRX is presently ranked 16th all-in-all.

At the time of publication of this article, TRX’s value is exchanging hands at $0.068, which is over 7 percent higher than the trade price in the weekly index.

The asset’s market cap stood at $6 billion.

TRON Backed Exchange Announced A Crucial Update

In other news, Poloniex, one of the oldest cryptocurrency exchanges globally, recently revealed the details of its key upgrade. Its engineers advanced its system’s order matching speed and TPS.

H.E. Justin Sun who is the founder of Tron as well as the Chief Executive Officer of BitTorrent [BTT], has been an instrumental figure behind the Poloniex exchange,

Throwing his weight behind the latest announcement, Sun said the upgrade will open up new exciting opportunities.

The launch of this new trading system is a landmark step forward for Poloniex as a world-class international exchange. It demonstrates our commitment to delivering benefits and the best services for our users. As one of the world’s oldest crypto exchanges, Poloniex has made impressive strides in optimizing its system and will continue to bring an incredible trading experience to retail and professional traders.

According to Poloniex’s team, this upgrade would provide the necessary tools to support experienced traders, retail market makers, and institutions.

TRON Network Integrated In Estonian Fintech Embily

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Estonia-based crypto platform Embily has added the support of the TRON network [TRX] for USDC stablecoin. According to the press release, users would recharge their crypto bank cards using the TRON network in USDC at lower network fees.

Apart from that, the funds will be instantly converted into Euros and ready to be used for online and offline purchases or cash withdrawals. Currently, the global payment network accepts BTC, ETH, BNB, TRX, DAI ERC-20, USDT ERC-20/TRC-20/OMNI, and USDC ERC-20/TRC-20.

Commenting on the development, Embily CTO Eugeny Khashin said,

Use of the USDC stablecoin on the TRX network makes it easy for our users to quickly top-up Embily card by leveraging the bandwidth of the Tron network. Like USDT, USDC is a stablecoin, and it has to be supported because of its expansion rate in the DeFi world. We at Embily understand how important it is for our customers to have a choice.

As stated in the blog post, at present, Embily crypto cards are available only for residents based in Europe, the United Kingdom, and immigrants from Ukraine to Europe.

For the year 2022, the firm’s upcoming plan is to expand its foothold into the markets of Singapore and the United States.

Previously, the blockchain payment service firm announced the addition of DAI and USD Coins for card users. While DAI is maintained and regulated by MakerDAO, USD Coin [USDC] is a stable digital coin managed by a consortium called Centre, founded by Circle.

In March this year, the financial infrastructure launched an OTC [Over-the-Counter] Service for businesses and high net worth individuals, enabling those users to buy and sell large amounts of cryptocurrencies from their business accounts.

TRON’s Daily Transaction Count Has Surpassed Ethereum

In terms of the TRON network, the team rolled out a Grant Program to expand the ecosystem for community members, developers, and influencers TronWeekly reported.

Besides that, stats from Etherscan and Tronscan revealed that Ethereum has been hovering between 1 million and 1.3 million transactions per day for about a year and a half, while Tron has been processing more than 3 million over the same period.

In fact, in recent months, Tron’s daily transaction count has risen from 4 million to around 6 million since April. Experts attribute this to traders’ preference for stablecoins due to their less volatility.

TRON DAO Launches New Grants Program To Expand The Ecosystem

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TRON DAO has laid out Community Ambassador Grant Program to expand the ecosystem. Announcing the same, the DAO stated that the initiative is for eligible Community Ambassadors, Developers, and Influencers who BUIDL in the TRON ecosystem.

Tron Boss Justin Sun also reiterated that the scheme aims to cultivate relationships between the DAO and established Ambassadors engaged within the Community.

In accordance with the press release, the Community Ambassador Grant Program will open a new corridor between the DAO and several stakeholders to broaden the TRON ecosystem.

Beginning with a quarterly grant allocation of $30k, the Community Ambassador Grant program is aimed to establish better connections between the DAO and Ambassadors who are actively engaged within the TRON Community.

Next, a quarterly grant allocation of $90,000 exclusively for the developer community, has been formulated to engage and empower creators to promote new use cases of the TRON blockchain.

In addition to the Developer Grant Program, the network has a Bug Bounty Program to incentivize developers to search for system vulnerabilities.

The program will help make our ecosystem safer, more robust, and more functional. Grants will be awarded depending on the bug’s complexity, level of vulnerability, and the replicability of the problem found.

Lastly, a quarterly grant of $45,000 has been allocated for dedicated influencers to help spread valuable information and create an authentic stream of highly informative content.

Tron Welcomed WeFund To Attract a Large User Base

Founded in September 2017 by H.E. Justin Sun, the TRX network has gained significant traction in recent years. By July 2022, it has tapped over 103 million total user accounts on the blockchain, more than 3.5 billion total transactions, and above $11 billion in total value locked [TVL].

Not long ago, the over-collateralized decentralized stablecoin USDD was launched on the network, backed by the first-ever crypto reserve for the blockchain industry.

This past week, Tron extended its support to WeFund to collaborate and reach a larger audience in the competitive dApp market.

“WeFund will be operating to provide crowdsourced launchpad and incubator alternatives for the community. It will be able to support a wide range of ecosystems and projects as it evolves into a multichain system”, the P.A read.

MAXUSDT(TRX) Makes Crypto Mining Easier and More Secure Than Ever!

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Mining cryptocurrency is one of the most profitable ways to earn a consistent income, but the process is fraught with complexities and risks. Furthermore, a significant initial investment is required to set up the entire mining equipment, make cooling provisions, and secure a reliable and cost-effective power supply. As a result, many people are looking for ways to earn the same amount of money without having to worry about the setup, as well as its maintenance and repair. And MAXusdt(TRX) is one of the most dependable companies to make that happen via Cloud Mining!

It is outfitted with all of the necessary equipment, which is the best in the industry. They can generate a lot of computing power, which is important for crypto mining. For example, until recently, a simple home computer could easily mine Bitcoin, the most expensive cryptocurrency with the highest market cap. However, as the number of Bitcoins available for mining decreased as more blocks were added to the blockchain, the computing power or hash value required to mine the remaining Bitcoins increased. At the same time, the rewards decreased dramatically, from 25 BTC in 2012 to 6.25 BTC in 2022. It is expected to fall even further in the coming years, halving every four years. This is why many users who previously mined cryptocurrency on their own mining containers or rigs have switched to MAXusdt(TRX), where they can sit back and relax while the job is done!

MAXusdt(TRX) enables users to rent electricity (via its machines) and earn a consistent income. The payments are made to the investors’ accounts on a daily basis by the company. MAXusdt(TRX) aims to bring Cloud Mining to the masses and enable them to mine cryptocurrency. Even those with no prior knowledge of the process can get things up and running quickly and should begin receiving returns within the first 24 hours.

MAXusdt(TRX) Links

Registration Link

Telegram Channel
Certificate

Why should I choose MAXusdt(TRX)?

Many people may wonder why they should choose MAXusdt(TRX) over the other options. And there are multiple reasons for this:

MAXusdt(TRX) has the necessary certifications from the relevant authorities to operate, making it a trustworthy platform. Other cloud mining platforms may exist, but not all are registered or have proper documentation, and investing in these is a risky business.

It provides complete safety and discretion. MAXusdt(TRX) only requires users to provide the information required for regulatory purposes. As a result, unlike other platforms, you would not be sharing much personal information with MAXusdt (TRX).

MAXusdt(TRX) has a dedicated support team available 24 hours a day, 7 days a week to answer any questions and help users solve problems. While other businesses may have a support team, none of them provide it around the clock. With MAXusdt(TRX), you can be located anywhere in the world and still receive proper and timely support.

The website is responsive. So, whether you’re driving or on vacation, MAXusdt(TRX) will be available to you to check your earnings, make changes, rent more electricity, or withdraw profits.

Profits are distributed on a daily basis, so you won’t have to wait. This is especially important for first-timers who are interested in crypto mining for profit but do not yet understand the complexities involved.

MAXusdt(TRX) has several reward systems in place, and by simply inviting more users to the platform, you can earn up to 80 TRX. There is also a Deposit Rebate of up to 15% and a Trading Rebate of up to 18%. It’s raining rewards right now, so join MAXusdt(TRX) as soon as you can!

Energy consumption for cryptocurrency mining has long been a source of concern, and it is, to be honest, a major issue. MAXusdt(TRX) will use 50 percent green energy in its data centers to improve the situation and prevent irreversible damage to the ecosystem.

So, if you’ve been thinking about starting to mine cryptocurrency, or if you’re already doing so and want to switch to cloud mining, MAXusdt(TRX) is a great option. Register now and take advantage of this fantastic opportunity before the rewards are reduced further. Visit MAXusdt(TRX) official’s website to learn more.

TRON Founder Justin Sun Believe Warren Buffett Still Holds BTC & TRX

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Tron founder Justin Sun thinks that multi-billionaire investor Warren Buffett holds Bitcoin [BTC] and Tron [TRX] despite being a hardcore crypto skeptic.

Sun met the chairman and CEO of Berkshire Hathaway at a charity feast, in 2020. Buffett has auctioned off a dinner with himself every year since 2000, with participants’ funds directed toward charity.

The crypto entrepreneur placed a record-breaking $4.5 million bid to win the dinner with the “Oracle of Omaha.”

Sun also gifted Buffett a Samsung Galaxy Fold 2 phone loaded with 1 Bitcoin and 1,930,830 TRX tokens, making one of the most influential investors a cryptocurrency holder. Some users noticed that the wallets containing gifted crypto had remained inactive.   

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TRON Founder Justin Sun Believe Warren Buffett Still Holds BTC & TRX 7

However, after the dinner, Buffett reportedly told Sun that he gave the phone to the GLIDE Foundation, a San Francisco-based nonprofit saying, “I don’t own any cryptocurrency. I never will.”

Hence, it is likely that the billionaire no longer has anything to do with the gifted crypto given that he has a strong distaste for cryptocurrencies.

The Berkshire Hathaway boss, the seventh richest person on the planet with an estimated net worth of $97 billion, is known as one of the bitter crypto critics who once called bitcoin as “rat poison squared.”

The comment caused a huge uproar in the crypto community with many advocates declaring him as crypto’s arch-enemy.

TRON Boss Refuse To Disclose What Transpired With Warren Buffett

Recently, the veteran investor said that he wouldn’t spend $25 for ‘all of the bitcoin in the world’, indicating that he would not be adding BTC to his portfolio any time soon.

Although TRON declined to comment on what was discussed over the meal, Sun had originally said he hoped the meal would “bridge the gap between institutional and traditional investors and the realm of cryptocurrency and blockchain technology.”

The founder of the major blockchain network threw his weight behind FTX CEO Sam Bankman-Fried a.k.a SBF in offering financial support to firms in the digital asset space that are struggling amid the market downturn.

In a tweet earlier this month, Sun stated that he and the Tron protocol are “ready to serve.” According to a report from TronWeekly, Sun said he could spend up to $5 billion on acquisitions.