Category: Crypto News

Wavecrest, the issuer of TenX card has sent emails to TenX users that their cards are no longer useable. This also affects other companies that use Wavecrest service and that includes Wirex, Bitpay and Crypopay. TenX is a Visa Prepaid card and starting today, it will no longer function. However, the funds stored in the e-wallet will remain accessible as they are handled by the wallet provider. This caused a lot of panic in the already depressing price of the TenX’s token, PAY which runs on Ethereum blockchain.

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Bytecoin is one of the most promising and underated currencies of 2019. To store Bytecoin (BCN), you will need a wallet. In this article, we will discuss various types of bytecoin wallets available right now and what all are in the tunnel.

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EtherDelta got under new ownership last month and ever since, it has been taking quite controversial decisions. Yesterday, it rolled out a blog post where it says that it will be removing most of the listed tokens to give EtherDelta ICO a purpose. The blog post has since been removed but another post was posted earlier today which says that in order for a project/token to be listed on EtherDelta, it must have equivalent amount of EDT tokens which must be between 0.1% ~ 3% f the project’s total market value at time of listing. This new policy is not required for any tokens that has already been listed on EtherDelta.

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Peter Thiel is a well known name in the Silicon Valley and a billionaire. He is also the founder of PayPal and well known for making early investments in companies like Facebook. His company, Founders Fund bought 15 million of Bitcoin last year and told the investors that the firm’s value increased hundreds of millions of dollars due to rapid rise in Bitcoin’s price. However, it was not made clear whether the Founders Fund has sold any bitcoins or not. 

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EtherDelta is under new ownership and the new owners are doing their best to raise funds to improve EtherDelta’s (damaged) reputation in many ways. The decentralized exchange was recently hacked where funds of many people were lost. The hacker was able to claim millions in Ether and so far, EtherDelta team has been mum about refunds which has further angered its users. With the new EtherDelta ICO, the team is offering EDT token. You can purchase the EDT token with Ethereum and with one ETH, you get 8500 EDT tokens.

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Decentrex, a fork of EtherDelta will be closing its doors forever on 30^th December 2017. For many, Decentrex was EtherDelta clone with better user interface but due to low volume, low traffic and high Ethereum network fees, Decentrex has decided to shutdown. So if you have tokens and Ethereum stored on Decentrex, withdraw them as soon as possible. It is possible to withdraw the tokens after 30^th December as well by using Decentrex’s smart contract ABI on MyEtherWallet.

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The following cryptocurrency exchanges have announced their support for the upcoming snapshot of the NXT blockchain for the IGNIS airdrop happening at the ARDR platform launch. Another alternate is to just keep the NXT in the official wallet at the time of IGNIS snapshot.

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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.

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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.

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Popular cryptocurrency exchange, Bitfinex has issued a warning to all their users via email that individual residents of USA are not allowed to use their services and access to exchange services will be terminated soon. Bitfinex has prohibited access to US residents and are not allowed to do any kind of trading on the exchange. So if you are a US resident, we urge you to move your funds to other exchanges. If you are a non-US unverified user, get your account verified before the exchange bans you and confiscates your funds. Binance is a good alternative.

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