February 6th – Bytecoin, which is known as the fully-anonymous cryptocurrency which first implemented the CryptoNote protocol, is publishing a major software update. This update has proven to solve Bytecoin’s most essential technical issues as well as improve both the stability of the system and its reliability.
Bank of America has just made an announcement that it will be banning bitcoin and other cryptocurrency purchases issued by their bank. BOA says that there is big risk linked with the cryptocurrency purchases. There is big possibility of fraud as well. People are criticizing their decision on social media. They say if one can get a cash advance inside Las Vegas-casino, then banning users from buying cryptocurrency makes no sense.
Stellar Lumens has been added to fast-expanding catalog of tradable cryptocurrencies on CEX.io. You can trade Stellar Lumens in these pairs – XLM/USD, XLM/EUR and XLM/BTC. Both deposits and withdrawals of Stellar Lumens are possible. Right now, Stellar Lumens is the second cheapest cryptocurrency on CEX.io which should attract a lot of first time traders onboard.
Nav Coin developers have churned out Valence, which is a platform that will allow ourselves and other developers to build apps that leverage blockchain to share and store decentralized data. Valence will help you build blockchain applications in different kind of fields including Mathematics, Math, Economics, Cryptography and Computer Science to build even the most basic of applications.
Finance Minister of India, Arun Jaitley mentioned in its budget speech today that Bitcoin and other cryptocurrencies (Ripple, Litecoin, Ethereum etc) are not a legal tender. He added that the government will be taking all steps to eliminate the use of crypto assets. Mr Jaitley said that people who are indulging in such transactions are doing it at their own risk. The government is examining the matter and committee under chairmanship of secretary, department of economic affairs is working over issues concerned with the cryptocurrencies.
The fast growing cryptocurrency exchange, KuCoin has added USDT pairs for Litecoin, Ethereum Classic, TEL and OCN. USDT stands for US Dollar Tether. Tether is 1 to 1 with USD and since it is an Alt coin you do not have to pay capital gains yet since technically you did not trade an asset into US currency. Having a USDT pair allows the user to keep everything in terms of United States dollars. Some do not like keeping their trading capital in Bitcoin. They do not see trading against BTC as the goal and think that think that since everything in real life is fully tied up to the fiat system, it is better to trade against USDT.
Want to claim those free EtherZero ETZ coins/tokens? This article will help you to claim them using myetherwallet.com. You will be setting up a custom node and then send those coins to a supported exchange where you can trade ETZ. If you just want to check the balance, visit explorer.etherzero.org and enter your ethereum wallet address. It will then show you the amount of EtherZero you can claim.
Bitcoin was the first Blockchain currency that was created in 2009. Since then Blockchain and its use have expanded exponentially. Shortly thereafter, Bitcoin received some competition with the release of Ethereum, which is also a Blockchain-based cryptocurrency. After a few years of growth, let us find out which currency will be more profitable in the long run.
Earlier, the Tron TRX team was caught for plagiarizing white paper and today, they were caught again with copying and pasting codes. They even forgot to credit anyone and then tried to hide it but got caught to hide it. The TRON runs on Ethereum blockchain and simply copied code from ethereum’s official github to their github without crediting the original project. The Tron team has deleted the link to the copied file but here is the original ethereum file link.
Popular cryptocurrency exchange, Cryptopia is facing myriad complaints after suspending trading activity due to server overload. The exchange, which is based on New Zealand suspended trading in two of its base markets, DOGE and LTC as its servers were unable to handle number of trades occurring. The exchange hit 500,000 users on 1st of December 2017 and by 31st December, it had hit 1,000,000 users. Registrations on Cryptopia have been paused to upgrade the resources to handle such massive traffic. The company had mere 30,000 users an year back.