There is a new ICO that has the word “scam” written all over it. The name of the ICO is IDAP and their website is IDAP.io. It claims that it will be offering users a single click trading interface to do cryptocurrency trading. In other words, IDAP will be an exchange.
Vertpig is a cryptocurrency exchange made by Vertcoin community member and it had to go down due to regulatory issues. While the VTC/GBP market is still down, the exchange is back with Euro support. The VTC/EUR pairing is open to everyone with the SEPA bank transfer. Their VTC/BTC and VTC/LTC market is back as well.
Social Wallet is a platform that allows cryptocurrency transfer via social media. It has announced partnership with the Luxxeum coin, a decentralized digital payment system guaranteeing secured P2P transactions. It is the coin behind the blockchain powered E-commerce website where only mobile phones are sold. This website will bring phones from various brands and the company behind Luxxeum will also be launching its own branded mobile phone.
At cryptocoindaddy, we are often contacted by people who want us to write ICO reviews so that more and more people can invest in their ICO. The problem is, there are ton of scam ICO projects – most of which are not even trying to solve any problem. We were recently contacted by Almora and while it is not an ICO, it helps fraud ICO projects gather limelight. Entire team of scammy people is, as expected from India.
Sumokoin developer team has churned out Aomori release point 1 that includes fixes for various important wallet bugs. Newer user interface will be made available in next update that will be released soon. Same goes for the LITE wallet that will be released immediately after GUI update. Lite wallet does not require you to download entire blockchain as it only downloads the headers. This release is mainly to fix various wallet bugs for more reliable / stable CLI / LITE / GUI wallets and to make sure blockchain synchronization work properly after hardfork v3.
KuCoin is a fast growing cryptocurrency exchange and today, it has rolled out new features to improve the overall security. The users will now be asked to set up safe words and security questions to prevent hack attacks and phishing. They have also implemented a new login screen. Once, the user has completed the new security settings, you will asked to use security verification process everytime you access your accounts operations. This includes password reset, withdrawals and deposits.
Nemchange, a cryptocurrency exchange for buying and selling NEM based tokens called mosaics has been launched. It runs on NEM blockchain – just like ERC20 tokens run on ethereum blockchain. You can trade any mosaics created on Nemchange. Right now, Nemchange does not allow you to trade non-NEM tokens and cryptocurrencies (other than NEM) but team has plans to add support for some of the most popular ones in future.
Binance is world’s second biggest cryptocurrency exchange in terms of volume and today, Japan’s FSA (financial services agency) said they gave a warning to Binance to stop its operations in Japan. If it does not stops soon enough, it could face criminal charges. Binance CEO, Zhao said that they were working to get a license from Japanese FSA but it was not clear if the company actually filed an application for it.
BarterDEX is a decentralized cryptocurrency exchange that supports atomic swaps. The exchange now supports ERC20 tokens and more than 66 of these were added today. Over the past few years, there have a massive growth in number of cryptocurrency exchanges but most of them are centralized. While the centralized exchanges appear more convenient to users for buying/selling cryptocurrencies, the coins stored on the exchanges are fully under control of the exchange and not you.
If a particular coin has been delisted on Bittrex, its wallet is still accessible to the users so that they can withdraw them and trade them on other cryptocurrency exchanges. After certain period of time, even the wallets are deleted and Bittrex deletes them. Infact, it is going to delete a bunch of them on March 30th 2018. If you still own any of the coins given in the list shown below, we urge you to withdraw them because after March 30, they will no longer be accessible. There are some coins, whose wallets have stopped working and those coins are marked with asterisk. In such cases, there is nothing you can do.