Top Five Crypto Events of The Week 9, 2019

Top Five Crypto Events of The Week 9, 2019


Several events took place in the course of the just concluded week. However, we will only be highlighting five of these events in this report.

Binance Gives Away 10 000 BNB In Prizes

According to a recent report, Binance has plans to simulate a trading competition in order to increase the number of people that will be testing it’s Binance DEX and 10,000 BNB has been earmarked as the prize for the winners.

Tron (TRX) Foundation Launches TronGrid 2.0 for Developers

Based on a recent report, Tron Foundation has launched its latest network called TronGrid 2.0. This is an upgrade from the previous TronGrid which is one of the best features of the Tron (TRX) Mainnet. TronGrid 2.0 is super fast in responding to query events, is consistent, and is more available to developers worldwide.

Chinese Miners to Activate Over 1 Million ASICs Ahead of 2020’s Halving

Some crypto miners in China have reportedly decided to reopen business with high expectations for the halving which will take in 2020. By 2020, mining rewards are expected to fall from 12.5 Bitcoins per block to 6.25 which will lead to an increase in the price as long as BTC follows the same pattern as previous halvings.

Ethereum’s Constantinople Hard Fork Goes Live

The Ethereum Team is reportedly set to launch it’s Constantinople Upgrade and it is expected to be activated at 19:30 UTC when Ethereum reaches block 7,280,000. This is after so many postponements due to bugs.

Square’s Cash App Sold $52M Worth Of Bitcoin In Q4 2018, $166M Over 2018

According to Square’s recent shareholder letter regarding the fiscal Q4 of 2018, the company sold $52 million worth of Bitcoin (13684 BTC at the current market value). Square is a fintech company which is based in America.