Connect with us

Altcoins

CryptoBridge De-lists Half of The Coins on The Exchange

June G. Bauer

Published

on

CryptoBridge-Delisting-Coins

Another one bites the dust, Cryptobridge, the decentralized cryptocurrency exchange (DEX) dropped a de-listing announcement bomb on all of their users and will be de-listing over 160 crypto projects from its platform. users will have to withdraw their funds from the exchange before November 25.

The de-listed coins are:

ACED, AEX, AGOR, AGU, APR, ARION, ATHR, AUS, AXS, BBP, BIII, BIR, BLCR, BSTY, BTDX, BTOK, C2P, CDM, CDS2, CDZC, CFL, CHANC, CHEESE, CLOAK, COTN, CRAVE, CRW, CSPN, CSTL, CTSC, DACHX, DC, DEXR, DGB, DIN, DMD, DONU, DSR, DXC, ECA, ECC, EDCO, EPIC, EQT, EXCL, EXPI, EXUS, FET, FGC, FLASH, FLM, FLO, FOIN, FTXO, FYD, FYP, GBX, GCR, GHR, GMCN, GNY, GRLC, GRS, GRV, HIN, HLM, HXX, IC, ICC, INDEX, IFX, IMG, IMPL, INGY, INN, IQ, ISF, KEC, KNG, KRI, LRM, LTX, LUCKY, LUX, MARC, MC, MEDIC, MERO, MMCO, MOBI, MONA, NIO, NIX, NLC, NORT, NPXS, NRG, NTRN, NZL, ODIN, OHMC, OLMP, OMG, ONEX, OPC, P2P, PBC, PHR, PINK, POWR, PRJ, PROTON, PRTX, QTUM, RPI, SCN, SEND, SEQ, SLS, SNCZ, SSX, STAK, STM, STONE, SUBIX, SUMO, SUQA, SYNX, TCN, THC, TOA, TRAID, TRO, TROLL, TSC, UFO, ULG, VITAE, VIVID, VIVO, VNX, VRM, VSX, VTC, WAGE, WC, WGR, WIRE, WSP, XAP, XCOM, XDNA, XFE, XGS, XIND, XLR, XMCC, XORN, XSD, XUEZ, XZX, ZBA, ZNN, ZNZ

CryptoBridge claims that the de-listing will effect only the inactive crypto projects on it’s platform. But, some developers such as Neutron coin team are accusing CryptoBridge of holding their project as hostage for a $1000 ransom!.

Users who wish to transfer their coins out of CryptoBridge platform will have to submit their personal information (proof or residence and government ID) for KYC purposes to follow the new exchange’s rules — and this goes against the whole idea of a decentralized trading.

CryptoBridge’s KYC

CryptoBridge is a decentralized cryptocurrency exchange (DEX) that was established in late 2017. The platform operates using the BitShares network, which features a processing capacity of 100,000 transactions per second and does not store the private keys of their user’s funds.

Decentralized Exchange is called a market ecosystem in which sellers and buyers coexist without relying on a third-party service to retain customer funds, exchanges occur directly between users (P2P) through an automated process. The transactions resulting from their exchanges are recorded in an accounting book, distributed in each node that participates in the network.

Pop cultureaholic, Technology expert, Web fanatic and a Social media geek. If you have any questions or comments please feel free to email her at [email protected] or contact her on Twitter @JuneTBauer1

Continue Reading
Advertisement
Comments

Altcoins

Steemit Launches Smart Media Tokens on a Testnet

Sying Tien

Published

on

Steemit Launches Smart Media Tokens on a Testnet

Steemit, the blockchain based blogging and social media platform where everyone gets paid for creating content, has released a new token-launching protocol, Smart Media Tokens (SMTs), on a testnet.

Users can use the newly launched token “Smart Media Tokens” to create a new cryptocurrency with 3-second fee-less transfers, without having to write a single line of code. SMTs will allow any publisher, creator, or entrepreneur to launch their own custom token on the Steem blockchain, which will help them monetize their digital content and reward consumers who engage with their content through likes, votes, views, shares, and comments.

A screenshot of Smart Media Tokens website

SMTs have been live on testnet now for over 40 days, making this hardfork already the most tested hardfork in Steem’s history.

According to Steemit’s announcement, entrepreneurs using SMTs will benefit from the state-of-the-art properties that come from being powered by the Steem blockchain, including three-second block times, zero fees, and its ‘Proof-of-Brain’ algorithm, which autonomously distributes tokens to the most valuable members of a community. And because Steem was designed from the ground up to power web applications, SMTs will integrate easily into any established website, app, or platform, making it simple for mainstream creators and entrepreneurs to access the fastest-growing industry in fintech and immediately begin generating revenue at virtually no cost.


What is Steemit?

Steemit is a blockchain based blogging and social media platform such as Redit, it offers rewards to its users in STEEM coins cryptocurrency for publishing and creating content. Steemit users can also earn STEEM coins for commenting and upvoting other posts.

Continue Reading

Altcoins

Binance Adds Margin Trading for Tezos (XTZ)

June G. Bauer

Published

on

Tezos-Binance

Binance, the world’s largest cryptocurrency exchange has added Tezos (XTZ) margin trading to its platform. The new margin trading pairs include XTZ/BTC, XTZ/USDT.

Margin trading is a high risk trading strategy that allows trading cryptocurrencies using funds provided by a third party. Margin trading gives traders the ability to enter into positions larger than their account balance this can generate a huge profit if executed correctly.

What is Tezos?

The Tezos project is a USA-based blockchain solution that supports building smart contracts and its Tezos (XTZ) token. The project was founded by former Morgan Stanley analyst Arthur Breitman. It’s an Ethereum-like blockchain that hosts dApps and smart contracts.

Tezos project held an ICO (Initial Coin Offering) from July 1 through 13, 2017. It raised cryptocurrency worth $232 million.

At the time At the time of writing, XTZ token is currently worth $1.26, the peak price of XTZ so far was $12.15 on December 17, 2017.

XTZ/USD Price Chart

*Charts are provided by cryptocompare.com

Continue Reading

Altcoins

Utopia Has launched its Mainnet

M. Ali

Published

on

By

Utopia-P2P-mainnet

Utopia, the all-in-one blockchain solution for private & secure instant messaging, encrypted e-mail system, private file storage, anonymous payments and private web browsing, has finally launched its mainnet to the public.

At TheCoinsPost, we tested and reviewed the beta version of Utopia back on July but lots of things have changed since then. The app has been refined, tuned to be crazy fast and stable and some new features have been added. In order to join and use Utopia, you will need to install Utopia’s client from the official website.

A screenshot of Utopia Client

Utopia is a P2P network where each user participates in data transmission. Utopia rewards users that support the network through mining by emission of new cryptocurrency called “Cryptons”. Mining and earning Crypton is an easy process, all what you have to do is just install the client and leave it running in the background. The client dose not assume any CPU resources it only uses the computer memory to operate.

A screenshot of Utopia Chat Rooms

At the time of writing, there are over 7000+ miners on the network. The current mining reward is 0.0128 Crypton per thread that is generated every 15 minutes.

Some screenshots of Utopia P2P Client:

Playing chess
Sending files through Utopia
Using Utopia’s Browser
Using Utopia’s uMail

We will be covering the mining process and other Utopia’s features on future articles.

To learn more, please check Utopia Official Website: https://u.is

Continue Reading

Popular