EtherDelta has just made it official on their twitter and reddit accounts that there was a hack that involved forwarding users to a fake website. The motive of the hack is to let users log-in using their ethereum account and steal their funds. So we urge the Etherdelta traders not to visit the website until the issue is resolved. You can follow EtherDelta’s twitter account for staying updated or this article that will be updated once the site is safe again.
Kin Foundation has churned out their first Kin wallet which will allow users to send and receive cryptocurrency with other users. This experience has been temporarily limited to 10,000 Kik power users. This has been done because of scalability issues with Ethereum as Crypto Kitties, a Dapp that runs on Ethereum blockchain has slowed down entire network and negatively affected the user experience. The wallet runs on Ethereum blockchain and all transactions are logged as well.
RCN has undergone partnership with Kyber Network. RCN promises to improve world’s access to digital payment alternatives. RCN is a peer-to-peer global credit protocol that uses cosigned smart contracts to connect lenders and borrowers anywhere on the globe on any currency. This has the potential to democratize and grow the digital economy by increasing credit access for borrowers, neutralizing default risk for lenders, and reducing asymmetric information between network agents. This will help improve livelihood of children.
Monaco tokens are now being traded on five new new crypto currency exchanges which includes BigOne, EXX, Huobi, OkEx and Upbit. This will increase the liquidity and access of the Monaco’s MCO token to more than 5 million new users. The Monaco token is already being traded on Bittrex, Binance, EtherDelta, Liqui, Livecoin, and YoBit. You can already trade, deposit and withdraw Monaco tokens on the new exchanges.
Looks like India is brimming with fake / scam projects and ICOs. Meet the Obizcoin, which is currently doing a pre-ICO to scam and take money of innocent people. This cryptocurrency scam is being carried out by an Indian duo who live in Pune, a city in India. Rupal Agarwal, listed as the founder has never done a single blockchain related work in her life and same can be said about the second founder, Varun Shah, who completed his education in 2010. He has no experience in computers.
It seems that NEM has joined hands with a project called LoyalCoin which is based in Philippines. LoyalCoin is a project that will be replacing existing loyalty program, point service in Japan with blockchain technology. This type of project is definitely not the first but such kind of project is first one to get into partnership with NEM. A lot of NEM people are mentioned as advisors in the LoyalCoin project which includes President, Regional Head of South East Asia, Global Director for Partnerships and Council Member of NEM foundation.
Trade.io is a decentralized peer-to-peer platform which was announced by Chien Lee, a billionaire living in USA and having majority share in French soccer club OGC Nice. He brings his top-tier knowledge of their industries and many are already invested to making trade.io a highly successful ICO. Infact, the new ICO is already causing lots of waves in the cryptocurrency world. For instance, there is an option for the investors to buy their own trade tokens and become part of the liquidity pool.
Kyber Network was a successful Ethereum ICO with Vitalik Buterin listed as advisor. The company has announced its partnership with StormX, which is a blockchain based platform which makes use of smart-contracts to manage micro tasks between buyers and sellers. StormX was founded in 2014 and has achieved more than a million downloads across whopping 187 countries. Its users have been able to earn cryptocurrency for playing new games, products and services from their app, Storm Play.
Dr Julian, Co-founder of TenX has confirmed that his company has indeed signed a partnership with the Wirecard to issue credit cards. While TenX is yet to make a public announcement about it, Dr Julian has confirmed in a reddit thread stating that this partnership will allow them to get the cards available worldwide. However, they do not have a concrete timeline regarding this. TenX is expected to make an announcement about this soon.
OmiseGo has released a roadmap for 2017 / 2018 year that shows various features and enhancements that will be to OMG users. In Q4 2017, first wallet SDK prototype will be released for workshop testing and development. This is followed by release of wallet SDK public release in Q1 2018. After that, public blockchain will be released to the OMG users which will make staking possible. Then in Q3 2018, cash in/out touchpoint interface with payment gateway will be released.