Altcoins August 11, 2018 Daily Hodl Staff Crypto News Flash: Bitcoin, Ethereum, Litecoin, Stellar, VeChain, Nuls, Tezos
From the search for Satoshi to new adoption for Stellar, here’s a look at some of the stories breaking in the world of crypto.
Bitcoin (BTC)
A new research report on cryptocurrency concludes Bitcoin has the power to become an “effective substitute for hard cash in the future.”
The study points to the use of Bitcoin and crypto in Venezuela’s troubled economy to show BTC can act already as a safe haven in shaky economies.
Meanwhile, a self-proclaimed “international group of crypto-enthusiasts” called #Findsatoshi has launched a new crowdfunding campaign.
Organizers say they’ll use the money to hire detectives in the US, Japan, Russia and the UK to track down the mysterious creator of Bitcoin.
Ethereum (ETH)
Ethereum’s Constantinople hard fork remains on target. It’s set to happen sometime before the Devcon4 Ethereum Conference in October and is designed to improve efficiency and reduce transaction costs.
The fork is just one of a long list of items the core development team tackled in its latest meeting.
Litecoin (LTC)
Litecoin hodlers can now send LTC through Telegram thanks to a new project called Lite.im .
The project’s developers say they are also working on a protocol that will allow people to send Litecoin via text. A bear market is the best time for people to work on adoption.
Check out https://t.co/Ua8LQz9f4h . Send and recieve LTC on telegram.
Eventually, it will support SMS also. Great work @ztxrepublic team! 👏
We build it and they will come. Adoption is key! Join us on Telegram
VeChain (VET)
VeChain’s mobile wallet is now migrating tokens from the Ethereum blockchain over to the new VeChainThor blockchain. The company is warning users not to send ERC20 tokens to the wallet and is asking anyone with questions to email support. X Node binding service has been closed and VET token swap service in the VeChainThor mobile wallet starts. Reminder: DO NOT send your ERC20 tokens to the VeChainThor wallet and DO read the manual carefully before swap. For any further support, please contact [email protected]
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