Vechain gained $1.89 Billion market cap with its 5% hike!
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On 2nd June 2018, Vechain saw a rise in market cap by $1.89 billion at 16:14:22 UTC+05:30, which is the highest since the downfall on May 29th, which was to $1.60 billion. Approximately $67.42 million worth of VeChain was traded on exchanges in the last day.
This upward trend comes after the strategic partnership announcement and collaboration with slowmist in an effort to secure the VeChainThor Blockchain.
Ryan bedwell, a Twitter user commented on this announcement:
“Can we get it 1 day early? Simply because VeChain always under promises and over delivers?”
Following this update, the crypto project has been rebranded to VeChain Thor and has also released its updated whitepaper.
This project did attract a lot of investors, and on the flip side, it faced some criticism as well for its rigorous code testing.
In an interview uploaded by Boxmining, Sunny Lu, Vechain’s CEO commented over this criticism by saying:
“any kind of software project or system project, you should put at least fifty percent of [your] budget in testing”.
Derek Chow, a Twitter user commented:
Sunny is a busy busy man! Cant wait for vechain in a bull market
Anders, a crypto enthusiast and a Twitter user commented:
VeChain is as always leading the pack and showing how it should be done. VeChainThor is bound for massive adoption and will, without doubt, become a top-tier blockchain! Viva VeChain 😉 $ Follow us on Telegram | Twitter | Facebook Related Topics:
Ranjitha Shastry is a part of AMBCrypto’s News Reporting Team.
Having done her major in Journalism and mass communication, she is passionate about business and economic journalism. Continue Reading Your email address will not be published.
Required fields are marked * Comment Planned journey? Bytecoin [BCN] releases updated roadmap!
Published Anirudh VK Source: Unsplash
The Bytecoin [BCN] team released an updated roadmap for their coin on their official blog. The roadmap detailed the plans of the coin of for the year 2018.
The development quota of the roadmap signifies the next event as being a public testnet release on August 17th. The event after that is a planned hard fork on August 31st to implement changes to the consensus of the blockchain. This was pushed back from earlier in the year as the team needed to dedicate time to “strengthening the system”.
They said:
“We understand the importance of meeting deadlines but the importance of maintaining the integrity of our network and of your faith in us is our utmost priority.”
The public testnet will allow for users, merchants and companies to test the code and to use it before the full adoption of features implemented in the hardfork.
Further details on the hardfork will be released at a later date.
On the marketing part of the agenda, the Asian market is targeted first for marketing in the first quarter. The marketing is then planned to expand to the Middle Eastern market in the second quarter, followed by the African market in Q3 2018.
The marketing agenda also includes the signing of new exchanges and partnerships continuously.
The date of the announcement of the payment plugin processor is yet to be announced. The 6th-anniversary “birthday surprise” is announced to be on July 4th.
The blog post ends with a statement to the community saying:
“We hope that these new dates will meet with the approval of the Bytecoin community. We also wish to thank our users for their unwavering patience as our dev team worked on getting the new dates for the Roadmap released to the public. “ . Monero is modest about their enhanced XRM wallet features
Published Simran Alphonso Source: Pixabay
Monero has added some new highlights to its cryptocurrency wallet. Monero propelled its crypto wallet a month ago which offered numerous intriguing features.
The changes were noticed and liked by XMR users. However, Monero upgraded its wallet again, as per the observance.
There are four new fascinating features with respect to the new highlights.
These moves are made to establish its importance and uniqueness in the crypto wallet organizations.
Monero has developed its dialect front and is putting forth its administrations in 10 dialects now. This will empower the Monero wallet to target more people over the long haul and also give access to more individuals.
Monero has worked on its synchronization. It implies that the Monero wallet can be downloaded, introduced, and synced with a laptop or desktop in a short measure of time. Monero has chosen to enable the wallet to sync with the blockchain even before the installation.
Monero has updated its wallet and modestly enhanced its features but some Twitteratis have more expectations.
Senero, a Twitterati tweeted:
“why there is no monero hardware wallet? can anyone elaborate? via /r/Monero https:// ift.tt/2J2SwM9 The title #senero # monero”
Monero has even enhanced the security front. The capacity of the private keys of a crypto wallet is a significant errand. Monero offers another component called “Cold Storage”. Most of the benefits (keys) would be put away in a disconnected frosty stockpiling. At the season of the exchanges, the delivery will be obscured to keep up the security of the clients.
Along these lines, the exchange will be on a more secure scale.
Monero has likewise offered the facility of instant deactivation. This demonstrates when one has lost the gadget, it can be taken care of as no information is left unsecured or accessible. The new features also enable access to one’s wallet from various sources. . .