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Tron [TRX] surpasses $1 billion in 24-hour trading volume after more than a year

Akash Anand



Tron [TRX] surpasses $1 billion in 24-hour trading volume after more than a year
Source: Pixabay

The cryptocurrency market saw an unprecedented rise in prices as Bitcoin [BTC], the world’s largest cryptocurrency, rose from its hold near the $4000 mark to break the $7000 threshold. During this bull run, other altcoins such as Tron [TRX] also received a boost as its 24-hour trading volume increased hand in hand with its price.

Misha Lederman, a popular Tron proponent in the cryptoverse, tweeted,

“#TRON just passed 1 billion USD in 24-hour trading volume 📈
Last time #TRX had a 24-hour trading volume surpassing 1 billion USD was on May 1, 2018 – one month before TRON Mainnet launch over a year ago!
Good times ahead for all $TRX hodlers & users.”

Despite the price hike, the Justin Sun-led cryptocurrency was still in the 11th position and was not able to breach the top-10 cryptocurrency club. At the time of writing, Tron held a 24-hour trading volume of $1.142 billion, with a total market cap of $1.927 billion. When compared to the top ten cryptocurrencies, Tron’s 24-hour growth of 9.54% was only second to that of Ethereum’s 10 percent growth.

Sources also revealed that Tron surpassed the $20 million mark amassed from its 425 DApps. A tweet read,

“#TRON reaches its highest daily USD volume in months on its 425 DApps, befittingly surpassing #EOS on the eve of #Consensus2019
TRON: $20M
EOS: $16M
ETH: $5M
Also, #TRX 7 day USD volume has risen above $100M”

Tron was also in the news recently after Justin Sun announced that BTT will be officially launched on the Tron network in the second quarter. The Tron Foundation has been very active in its pursuit of bringing in more players to the realm of blockchain, an effort that was extended to the mainstream adoption of BTT. Tron’s CEO had tweeted,

“Glad to also announce another tech giant with hundreds of millions of users will be enabling #TRON ecosystem in Q2 as well. Guess who? To be revealed soon on #Consensus2019.”

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Bitcoin [BTC], Litecoin [LTC] can be transacted on Whatsapp, announces Zulu Republic as security concerns remain

Namrata Shukla



Bitcoin and Litecoin can be transacted on Whatsapp, announces Zulu Republic as security concerns remain
Source: Pixabay

The prominent messaging platform Whatsapp has brought the common man one step closer to adopting crypto. According to a recent announcement by Zulu Republic, Bitcoin [BTC] and Litecoin [LTC] would be the first two coins available for users to send and receive on the social messaging platform.

Zulu, “an ecosystem of blockchain tools and platforms where people, businesses, and organizations thrive,” announced the development on May 19:

“We are happy to announce that from today you can send and receive #bitcoin & #litecoin on #WhatsApp via @liteim_official ! try it yourself here: …”

The Whatsapp bot currently supports English and Spanish and allows users to exchange Zulu’s native token, ZTX, along with BTC and LTC. With Facebook planning to launch its own crypto and now Whatsapp joining its league, crypto adoption is expected to increase exponentially in the future.

However, Facebook has been struggling with several privacy issues. A report by highlighted that Whatsapp hackers managed to install spyware on iOS and Android smartphones through a single phone call through the popular messaging application. This vulnerability of Whatsapp existed for weeks, enabling hackers to inject Israeli spyware on phones through a phone call. The report noted,

“The malicious code, developed by the secretive Israeli company NSO Group, could be transmitted even if users did not answer their phones, and the calls often disappeared from call logs.”

Whatsapp has urged its users to update the software and is currently investigating the vulnerability. The messaging app giant noted that it was too early to estimate the number of phones affected by the hack. With privacy being an important aspect for crypto and social media application users, Facebook and Whatsapp would have to reassure its users of their tightened security measures to further drive global adoption.

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