Ethereum ClassicEthereum Classic ETC news

Ethereum's fork, backed by that part of comunity who declined to reverse transactions after DAO attack
Price, 24h
8.24 USD / 0.00094140
0.08% / 5.00%
Volume, 24h
288,017,753 USD
902,945,900 / 0.33%
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Binance includes BTC, ETH, BNB, ETC, and USDT in fourth phase of lending platform

Leading cryptocurrency exchange, Binance is all set to unveil the fourth phase of Binance Lending Products at 6 AM [UTC] on 18th September. In this lending program, participants are required to deposit their tokens for a fixed term of 14 days and receive a fixed interest rate immediately after the maturity of the loan term. […] The post Binance includes BTC, ETH, BNB, ETC, and USDT in fourth phase of lending platform appeared first on AMBCrypto.

SFOX Report: BTC Is Mildly Bullish As ETC Is Only Crypto With Positive Month-Over-Month Returns

SFOX, a crypto analytics firm, released their August 2019 report on the state of cryptocurrency industry during the month on September 12. The analytics team collects data from the six top cryptocurrency exchanges including the token’s price, volume, and volatility. Six tokens are included in the study including Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH), […]
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Ethereum Classic has Successfully Completed the Atlantis Hard Fork

Coinspeaker Ethereum Classic has Successfully Completed the Atlantis Hard ForkEthereum Classic has completed its long-awaited hard fork named Atlantis. The network hard forked at block height 8,772,000 and implemented new upgrades to the blockchain.The #EthereumClassic network successfully upgraded today on block 8,772,000. This upgrade, nicknamed “Atlantis”, includes features on #SpuriousDragon and #Byzantium EIPs from the #Ethereum blockchain. via @MyEtherplan— Ethereum Classic (@eth_classic) September 12, 2019As Coindesk has reported, the hard fork has been completed as scheduled, between September 12 and September 13, 2019. Earlier, it was set to take place in summer, however, there were numerous disagreements, in particular over EIP 170.In June, developers considered putting the hard fork at block number 8.75 million and predicted it’s run on September 15. However, ETC Labs subsequently increased the block number in order to have the projected update during the week, when more involved parties are more likely to be present to discover and deal with any issues that may arise.At that time, ETC Labs said:“The community has had a number of meetings to discuss timing, scope and involvement, and we have decided on the direction and timing of the Atlantis release.”Now, when the hard fork has been successfully completed, it has already received support from such exchanges as Coinbase, Poloniex, Binance, Bittrex, Kraken, Shapeshift and OKEx.Increased Functionality of Ethereum ClassicThe Atlantis hard fork is aimed at the improvement of the altcoin’s functionality and compatibility with Ethereum (ETH).According to the release published by Ethereum Classic Labs, the Atlantis upgrade consists of 10 Ethereum Improvement Proposals (EIPs), including improvements to stability (EIP 100), Op-code upgrades (EIP 140, 211, and 214), precompiled contracts (EIP 198), precompiled contracts to improve zk-Snarks (EIP 196 and 197), performance-related improvements (EIP 161 and 170) and enhanced security (EIP 658).The update also adopts Ethereum’s Byzantium and Spurious Dragon protocol upgrades on ETC that enable maximum compatibility across both the networks.Bob Summerwill, Ethereum Classic Cooperative’s Executive Director, stated:“The Atlantis hard fork is a huge step forward for Ethereum Classic, bringing much greater compatibility and interoperability with Ethereum, and making it easier to move dApps between the chains. Coming to consensus across the stakeholders in a decentralized community like ETC is not easy, but we continued communicating, and we got it done. Everybody can be very proud of what we have achieved here.”Terry Culver, Ethereum Classic Labs’ CEO, commented:“Atlantis is an important moment. It delivers technical enhancements to the chain. It reflects the cohesion of the ETC community, and our shared commitment to continue innovating on one of the world’s major public blockchains. It also expresses the goal of ETC Labs to foster interoperability and greater collaboration with the Ethereum Community. We are pleased to be working closely with ETC Cooperative, Chainsafe, community members and numerous stakeholders.”Culver is optimistic about collaboration with the Ethereum. He said:“The hard fork clearly shows we are committed to compatibly and working with ethereum. What we would like to do is find ways to make the two chains support one another.”The initiative will probably lead to stronger partnership between the networks. In this case, the collaboration results will be definitely impressive.Ethereum Classic has Successfully Completed the Atlantis Hard Fork
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Ethereum Classic (ETC) news by Finrazor


Binance Launches Testnet of Decentralized Exchange

The world’s largest cryptocurrency exchange, Binance announced the launch of Binance DEX testnet. Binance DEX is said to be secure and scalable – with a block interval of one second. User account registration is now open. Testnet went live on Wednesday morning, 20 February 2019

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This week has been eventful in the crypto world. Ripple tries to rebrand its XRP coin, South Korea and China may lift their ICO ban, Bittrex is launching USD trading pairs and EOS’ long-awaited mainnet is soon to go live.

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Daily, May 30, ’18

John McAfee, Crypto addiction, Tokyo Stock Exchange, ETC fork, Spencer Bogart, Buda exchange, Xi Jinping, ICON, SEC

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Crypto Briefing

EOS ($13.05) is the leader of loss dropping by 6.7%


Casper code release, EOS launches Space Invaders, Bill Gates against BTC, Palihapitiya defends BTC, McAfee's prediction, Fundstrat's prediction, Novogratz partners with Bloomberg, Kohn's opinion, ETH image, Vitalik Buterin about privacy, SEC about understanding crypto, NYSE launches BTC trading desk, Telegram Passport test, Nvidia's revenue, blockchain development in China

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Token Swap: Tether Announces Token Burn Of Over 400 Million USDT

Tether has shared a piece of information about a forthcoming token burn which according to announcement would take place shortly. According to a tweet from their official Twitter handle, Tether plans to shortly move 400 million Tether USDt as part of its Omni authorized but not issue pool to the issuance address in order to burn/revoke them. Tether will shortly move 400m Tether USDt as part of its Omni authorized but not issue pool to the issuance address in order to burn/revoke them. — Tether (@Tether_to) September 16, 2019 Tether Minted 300 million USDT Few Days Ago Few days ago, Tether took to Twitter to inform its users that it was coordinating with a third party to perform a chain swap. This was planned in order to convert some tokens from their original Omni to an Erc 20 protocol. At the time of the initial announcement, 300 million Tether USDt was announced to have been minted for the swap. However, these conversions took place few days ago as Tether promised the token swap wouldn’t disrupt the total supply. In few hours Tether will coordinate with a 3rd party to perform a chain swap (conversion from Omni to ERC20 protocol) for 300M USDt. Tether total supply will not change during this process. — Tether (@Tether_to) September 12, 2019 Whale Alert, a twitter account dedicated to alerting the community of big cryptocurrency transactions, noted the coinage described above in a tweet published on Sept. 12. As per a second tweet submitted as an answer to the first one, Whale Alert offered an explanation of the type of transaction: “This USDT mint is part of a swap. The corresponding burn on Omni has not taken place yet.” And finally, Tether is burning the Omni Tether that was already converted to ERC20. Until now, no token burn has taken place on Omni blockchain. In July, it was reported that Tether accidentally minted and burned 5 million USDT tokens. However, Tether long-standing controversy about issues relating to transparency and market manipulation. The post Token Swap: Tether Announces Token Burn Of Over 400 Million USDT appeared first on Coingape.

Zero-Knowledge Proof Solution from QEDIT Implemented Into Kaleido Blockchain For Transaction Privacy

Kaleido, a startup blockchain solution from ConsenSys Venture Studio has gone on record to become the first blockchain platform to implement the zero-knowledge proof solution from QEDIT—the crypto private company. A Non-compulsory Feature On September 13th, 2019 QEDIT shared a paress released with Cointelegraph where it stated that the partnership it had developed with Kaleido […]
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Cryptocurrency Exchange OKEx Korea Removes Privacy Altcoins

According to an official announcement made by the South Korean branch of OKEx, the popular exchange will delist five privacy coins as early as October 10, 2019. Complications for Privacy Coins Trading of Monero (XMR), Dash (DASH), ZCash (ZEC), Horizen (ZEN) and Super Bitcoin (SBTC) on OKEx Korea will be suspended on October 10, 2019,Read MoreRead More. The post by Edoardo Vecchio appeared first on BTCManager, Bitcoin, Blockchain & Cryptocurrency News\
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