LocalBitcoins allows users to buy / sell bitcoins directly from other users. There is no company or organization involved and LocalBitcoins acts just as an escrow. The portal has made big changes to privacy policy and terms of service which will come into effect on May 25th 2018.
Bytecoin, a popular privacy coin is now listed on Binance which is considered the most popular cryptocurrency exchange. Bytecoin had started pumping few days back and that had let to many speculate that it will soon be listed on a big exchange. Many had said it must be Binance and it came be, yes, Binance which just made an announcement about listing Bytecoin.
Ethereum Classic is going to hard fork, again. However, this time, there will be no airdrops and so no free coins. This update is going to deal with the difficulty bomb that is set to make the ethereum classic mining non profitable. Removing the difficulty bomb will ensure that ETC is still profitable to mine. This will help keep the network strong as well.
Bitfinex has announced support for Verge Currency (XVG) and Stellar Lumens (XLM) and the trading already started at 1130 UTC. You can trade Verge against BTC, ETH, USD, GBP, EURO & JPY. Margin trading and P2P funding will be enabled soon too. Verge is a popular decentralized crypto currency that is made with privacy in mind. It is said to be extremely fast, private and anonymous.
Vertcoin iOS wallet has been in development from quite a while but looks like this time, Vertcoin developers have hit a wall with the Apple. Everytime the team submits their app for review, it gets rejected and while the team has worked on with Apple to get the ‘problems’ sorted out, this time, it is different. Apple has rejected their iOS app this time as Vertcoin is not an approved cryptocurrency. This means the team is at the end of the road.
Rumors are brewing again about the Tron and Alibaba partnership. While there’s nothing official from either sides, the link between tron and Alibaba keeps getting strong every day. The main reason why the rumors have started again is the fact that Jack May, chairman of Alibaba has tendency to invest in projects founded by his former students.
The first ever Tron’s (TRX) Super Representative Election will be happening on June 26th 2018 and in this, 27 super representatives will be elected by the ~65.748 billion Tron community. On 21st of June 2018, Tron will no longer be an ERC20 token that runs on Etheruem blockchain. It will have its own blockchain. All this will be happening in month of June so June will be a crucial month for Tron.
Couple of DNS servers were hijacked to resolve http://myetherwallet.com users to be redirected to a phishing site. This is not on myetherwallet side. The redirecting of DNS servers was done and it can happen to any organization including big banks. Hackers often find vulnerabilities in public DNS servers. This happened to mainly those who were mainly using Google DNS servers. If you were using non-Google DNS servers, you are safe.
Tron aka TRX will be moving to mainnet. In this process, your Tron’s TRX tokens will be moved to Tron’s new mainnet. This swap will happen in month of June. For this, you will have to move your TRX ERC20 tokens to an exchange for migration. But what if you are not able to move them on time?
Nano cryptocurrency was having issues with wallets and many exchanges including binance had disabled Nano deposits and withdrawals. This issue has been solved in version 12. Exchanges will now be able resume deposits/withdrawals now.