Retail investors can now buy the Ethereum Classic Investment Trust which means Ethereum Classic (ETC) can now be bought as an ETN (ticker ETCG), similar to way you can buy bitcoin thru GBTC. It looks like premium is 30-40% over current price of Ethereum Classic. This and GBTC are the only two publicly traded vehicles in cryptocurrency like this. Year from now who knows, how many cryptocurrencies will be available on OTC marketplace (OTCQX).
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.
BTCPay Server has added support for Bitcoin Gold (BTG) in the latest update, v1.0.2.11. While it is not yet available in the docker, it will soon be enabled and people will be able to use Bitcoin Gold for making payments. BTCPay server is an open source payment processor that is written in C#. It allows easy migration of your code base to self hosted payment processor.
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.