Tron buys TRX to increase reserves

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The Tron DAO is continuing to stockpile TRX to increase its reserves. Tron DAO increases reserves in TRX The Tron DAO Reserve, the organization that replaced the Tron Foundation, has decided to buy $38 million of the crypto Tron (TRX) with a view to bolstering the network’s reserves, especially after what happened with the collapse…

Six signs crypto investment is a classic Ponzi scheme

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The recent cryptocurrency crash won’t deter investors looking to get rich fast in a new technology they barely understand.It also won’t stop the many crypto-scammers who understand the psychology behind the bitcoin bubble, the mind-set that leads investors to willfully ignore the blood-red flags that warn they are being conned. The criminal activity surrounding cryptocurrency…

LatAm’s Crypto Boom: Mexico

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Spanish translated version The next installment in our LatAm’s Crypto Boom series takes us to Mexico. Home to thirty-five UNESCO World Heritage Site listings, Mexico is a country rich in cultural history and diversity and shares international borders with the United States, Guatemala, and Belize. While Mexico ranks among the top 15 economies globally in…

Stocks, oil slip as dire China data feed recession fears

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Asian share markets stumbled on Monday and oil prices slid after shockingly weak data from China underlined the deep damage lockdowns are doing to the world’s second-largest economy.China’s April retail sales plunged 11.1% on the year, almost twice the fall forecast, while industrial output dropped 2.9% when analysts had looked for a slight increase.”The data…

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