Apple and Google, two of the world’s most valuable companies, are known for their innovation and disruption in the tech industry. A recent crypto investor tweet caused quite a commotion as he proclaimed that Apple and Google pose systematic risks to the crypto space. This could profoundly impact the industry, and investors are now wary. However, one project currently in Stage 2 of its presale has managed to shift their attention with a potential 100x surge – Tradecurve (TCRV). Keep reading as we dive deeper into both of these stories.
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Summary
Apple and Google may pose huge risks to cryptocurrencies
Balaji Srinivasan claims that governments may pressure IT companies to give them access to extract private keys
The Tradecurve (TCRV) presale value jumps by 20%
Apple and Google may pose significant risks to the crypto world
Cryptocurrency investor Balaji Srinivasan has cited Google and Apple as structural threats to the sector. Recently, the former CTO of Coinbase tweeted that these tech behemoths pose serious security risks since the federal government can turn them into weapons. In such a scenario, the government might backdoor iPhone and Android to exfiltrate private keys, according to Srinivasan.
According to Srinivasan, desperate governments in need of digital currencies may turn to pressure tech giants like Apple and Google to assist them in finding private keys on their platforms. The governments may then access any stolen money and use it to meet their financial requirements.
In this Twitter thread, Srinivasan also stated that most IT businesses would have no option but to abide by the rules. Even with its drawbacks, he claimed that Linux would be the only secure alternative for crypto consumers. This could spell trouble for the future of cryptocurrencies and the market.
Tradecurve (TCRV) predicted to see a 100x surge
Tradecurve (TCRV) has already sold millions of utility tokens as investors seek new ways to diversify their portfolios. This token will be the pillar of the Tradecurve trading platform, which will be a one-of-a-kind decentralized exchange where users may trade multiple asset classes (forex, stocks, commodities, cryptocurrency) on one account directly via crypto payments.
Tradecurve will enter the online trading industry with a bang as it will introduce no sign-up KYC requirements, meaning traders will be able to operate anonymously, which traditional trading platforms like E-Trade look to avoid. This borderless, hybrid trading platform may be accessed by all traders no matter their location or income, and they can utilize many of its features: high 500:1 leverage, automated trading & artificial intelligence (AI) bots, and Copy Trading where users may subscribe to other traders and replicate what they are doing to generate income.
The utility token (TCRV will bring holders perks such as governance voting rights, passive income through staking, access to exclusive VIP statuses, and much more. The token is now in Stage 2 of its presale and has already jumped by 20% from its starting price of $0.01 and is being offered for only $0.012 (with a 25% deposit bonus on each buy).
Market experts are bullish about TCRV as they have pointed to the KuCoin Token (KCS) ICO, which began in 2017 for a price of $0.250 but peaked at $28.80 as a great comparison. The Tradecurve ICO could replicate this movement as it has a small market cap of $21.6M, solid fundamentals, and excellent long-term upside potential. Experts foresee a 50x increase as the presale picks up more traction and a 100x surge when the TCRV token is listed on Uniswap or another Tier-1 CEX after its launch.