Tron [TRX]’s Justin Sun invites ETCDEV developers to join the “family”

Justin Sun, the Founder and CEO of Tron Foundation, has always been in the limelight because of the brawl with Vitalik Buterin, the co-founder of Ethereum. Additionally, Ethereum, the third biggest cryptocurrency and the leading smart contract platform, has always been the biggest competitor of Tron, with the network surpassing that of Ethereum’s on several terms.
Now, Sun is back in the spotlight because of his invitation to one of the Ethereum Classic’s development team. The development team happens to be Ethereum Classic Development Company aka ETCDEV, which recently announced that they would be shutting down their operations.
The team has been responsible for taking care of the main client of Ethereum Classic, Classic Geth, ever since the occurrence of the DAO hack that resulted in split chains. The team is also known for the development of Emerald, Sputnik VM and Orbita. The reason for the company wrapping up their operations is owed to be the bear market, which resulted in the team failing to raise the sufficient fund required for the development of one of the leading projects.
Justin Sun said on his official Twitter handle:
“You can join #TRON family! Actually one developer in @etcdev has contacted us. #TRX $TRX”
Chris Tannahill, a Twitterati said:
“Despite what people may say, I think you’re doing some great things in this space, Justin  Some projects have brilliant ideas that are not sustainable in the current bear market. It’s awesome that Tron is looking to support developers through these difficult times. Keep it up”
PabloTheViking, another Twitterati said:
“Very clever move, Justin! This might turn out to be the smartest move you have ever done to lay the foundation for future growth of the Tron platform. Developers and applications are key to win this battle!”
Recently, Sun stated that Tron would be building a fund in order to rescue Ethereum [ETH] and EOS developers from the “collapse” of their respective platforms. He stated that the fund will be of help to them only if the developers chose to migrate their dApps to Tron.
The post Tron [TRX]’s Justin Sun invites ETCDEV developers to join the “family” appeared first on AMBCrypto.
Source: AMB Crypto

Ethereum Classic ecosystem crippled as ETCDEV plan Emerald, SputnikVM and Orbita migration

Recently, Ethereum Classic, one of the leading projects in the community, stepped under the spotlight as one of the lead development team, Ethereum Classic Development Company announced that they would be shutting down their operations. This announcement created a buzz in the market as the development team pointed out the other teams for failing them.
According to the official website, Ethereum Classic has five teams:

ETCDEV
IOHK [Grothendieck]
ETC Cooperative
ETC Labs
ETC Commonwealth

Out of the five teams, ETCDEV, IOHK and ETC Commonwealth are the ones that focus on the development of the project and the rest provide financial support for the growth of Ethereum Classic.
ETCDEV is known was maintaining the key client of Ethereum Classic – Classic Geth, which has been under the development team since the DAO hack. The other projects the team works on include Emerald wallet, Sputnik Virtual Machine, and Orbita.
Now, the company will stop their operations on Ethereum Classic due to a financial crisis. The Founder of ETCDEV, Igor Artamonov stated that the company is facing a cash crunch and that they were unable to raise funds as a result of the bear market.
In his recent blog post, Artamonov stated that the access for the funds that were meant to be utilized for the development of ETCDEV was lost. This was followed by the Founder seeking financial assistance from DFG and ETC Labs.
Post this, the Founder claimed that he had provided admin access to krykoder, a representative of DFG, on their request, who then removed everyone else’s access along with copying all the projects. This led to the team effectively losing control to Classic Geth and ETC community organization.
He had stated:
“Removing an admin is not a simple operation. GitHub asks for a special confirmation and password, and it has to be done several times, and for each admin. This can’t be done by mistake as ETC Labs, together with ETC Coop, are trying to portray no”
AMBCrypto reached out to Anthony Lusardi, Director of ETC Cooperative regarding this situation and their involvement in it. We also asked Lusardi on what would happen to the projects after ETCDEV shuts down their operations.
“1. ETC Cooperative has no involvement in the internal operations of ETCDEV or ETC Labs. We’re all separate. 2. We’re waiting for clarity on who will maintain ETCDEV’s projects going forward but I don’t think this is a concern, there are many interested in making sure these projects stay a part of the ecosystem. 3. GitHub is aware of the issue with the GitHub organization and they’re investigating and fixing it”
We also reached out to Igor Artamonov and asked about the company’s current stance taking into consideration that they have been working for the ETC ecosystem for more than two years now. We also asked him about the future of the project. To which, he said:
“we did all the work for ETC for past years, all protocol stuff, wallets, libraries and the whole infrastructure [including gastracker.io for example] was developer by me or the team. Currently, ETCDEV stopping all activities related to ETC. No other team was working on core projects before that moment.”
The founder and developer further stated:
“I don’t know who will continue that work, and what long term plans and strategy they has. Speaking about other projects, such as Emerald, Sputnik and Orbita, we’re going to continue our work on this projects, but it’s not going to be targeting Ethereum Classic.”
When asked for further clarification on the future of the projects and Classic Geth, he said:
“I’m working on future strategy and how Emerald, SputnikVM and Orbita can be used outside of Ethereum Classic or be blockchain agnostic. There is no final decision yet, and it will be published in following weeks. Classic Geth is community project though only ETCDEV was working on it for past 2 years. ETCDEV is not going to continue that work, and is not going to maintain it.”
The post Ethereum Classic ecosystem crippled as ETCDEV plan Emerald, SputnikVM and Orbita migration appeared first on AMBCrypto.
Source: AMB Crypto

Ethereum Classic Development Team Freezes in the Crypto Winter

CoinSpeaker

Ethereum Classic Development Team Freezes in the Crypto Winter

Ethereum Classic Development Team (ETCDEV) becomes the next victim to freeze in the Crypto winter. The CTO confirmed that dwindling resources resulted in the shutdown.

Ethereum Classic Development Team Freezes in the Crypto Winter

Continue reading at Coinspeaker
Source: CoinSpeaker

Ethereum Classic’s ETCDEV comes to an end after two and a half years of service

Ethereum Classic [ETC], one of the leading cryptocurrencies and smart contract platform, is back in the limelight. However, since the past few days, the news the coin is related to has only been unpleasant. Now, Ethereum Classic Development company has released a statement on their Twitter handle stating that they would be shutting down their current activities. Additionally, this news comes to light a few days after they posted a statement related Classic Geth’s security.
Igor Artamonov, Founder and CTO of ETCDEV said on Twitter:
“It is with great regret that I communicate the shutdown of ETCDEV current activities related to Ethereum Classic, effective immediately. As is publicly known we have struggled with funding our operations in the last few weeks.”
Artamonov went on to say that the main reason they failed to raise funds was because of the market crash. He further stated that the company’s cash crush is also an added factor. The announcement also stated that they were unable to secure short-term funds despite appealing to investors inside and outside the ecosystem, along with doing a community fund.
ETCDEV was a development company built on the Ethereum Classic platform. The team was responsible for maintaining the main client of Ethereum Classic, Classic Geth. The other projects included Emerald, Emerald wallet, and SputnikVM.
The development team has been maintaining Classic Geth since the famous DAO fork occurred, resulting in ETC and ETH. However, Artamonov recently stated that they lost admin control of Ethereum Classic community organization along with Classic Geth.
On the same day, the Founder stated:
“We wish to announce that ETCDEV is currently experiencing an attempt to takeover all of its properties, including code, and an attempt to poach our developers, which we are trying to prevent.”
This was followed by Artamonov speaking about the whole situation on his Medium blog titled, ‘On the Attempt to Take Over Ethereum Classic [ETC]’. In the post, Artamonov claimed that he lost access for funds which were meant to be utilized for the development of ETCDEV, succeeding which he approached ETC Labs and DFG for financial assistance.
Furthermore, the Founder claimed that he provided access to krykoder, a representative of DFG, because of their request. However, the representative removed access of all the other admins and has been accused of copying all the ETCDEV projects into his own repository.
He said:
“Removing an admin is not a simple operation. GitHub asks for a special confirmation and password, and it has to be done several times, and for each admin. This can’t be done by mistake as ETC Labs, together with ETC Coop, are trying to portray no”
Additionally, according to Artamonov, ETC was under a social attack and that it is orchestrated by ETC Labs and DFG.
DerSchorsch, a Redditor said:
“ETC never had any genuine usage to begin with apart from serving as a pump and dump by Barry Silbert / Digital Currencies Group.”
Wantedtogetinvolved, another Redditor said:
“Completely shilled by Charles Hoskinson who made of Eth classic was doing amazing things when if fact they were struggling Makes me wonder if Cardano is even a legit project or just a phantom webpage with a good visual update page”
The post Ethereum Classic’s ETCDEV comes to an end after two and a half years of service appeared first on AMBCrypto.
Source: AMB Crypto

Ethereum Classic Price Analysis: ETC/USD Could Retest $4.00 Support

Key Highlights

Ethereum classic price started a fresh decline after trading close to $5.30 against the US dollar.
There was a break below a major bullish trend line with support at $4.60 on the hourly chart of the ETC/USD pair (Data feed via Kraken).
The pair is now at a risk of more losses below the $4.40 and $4.20 levels.

Ethereum classic price declined sharply against the US Dollar and Bitcoin. ETC/USD is back in a bearish zone and it could revisit the $4.00 support level.
Ethereum Classic Price Analysis
This past week, there was a decent recovery above $4.80 in ETC price against the US dollar. The ETC/USD pair traded above the $5.00 and $5.20 resistance levels. A high was formed at $5.27 and later the price started a fresh decline. It traded lower sharply and broke the $5.00 support and the 100 hourly simple moving average. There was even a break below the 76.4% Fib retracement level of the last wave from the $4.40 low to $5.27 high.
Moreover, there was a break below a major bullish trend line with support at $4.60 on the hourly chart of the ETC/USD pair. The pair is currently trading near the $4.40 low, which is acting as a support. If the price continues to move down, it could test the $4.20 support. It coincides with the 1.236 Fib extension level of the last wave from the $4.40 low to $5.27 high. However, the key support is near the $4.00-4.05 zone where buyers are likely to emerge. If the price corrects higher, the previous supports at $4.50 and $4.75 are likely to prevent gains.

The chart suggests that ETC price is back in a bearish zone with a close below $5.00 and 100 SMA. The next stop for sellers could be either $4.20 or $4.05.
Hourly MACD – The MACD for ETC/USD is slowly moving back in the bullish zone.
Hourly RSI – The RSI for ETC/USD is recovering towards the 45 level.
Major Support Level – $4.20
Major Resistance Level – $4.75
The post Ethereum Classic Price Analysis: ETC/USD Could Retest $4.00 Support appeared first on NewsBTC.
Source: New feedNewsBTC.com

Ethereum Classic [ETC] Geth security alert: “unnecessary drama” resolved

ETCDEV’s Founder and Technical Lead, Igor Artamonov recently announced an Ethereum Classic security alert. According to him, an unknown person took admin control of Ethereum Classic community organization with Classic Geth and removed all the other admins. The team had recommended all the users not to download Classic Geth until the issue was resolved.
However, within a couple of hours, ETCDEV’s program manager Darcy Reno mentioned that the whole issue was just mistake by Igor. His tweet read:
“There seems to be a mistake here – Igor had added an owner at their request which is correct and fine. That new owner seems to have reverted existing owners to members by some accident or misunderstanding. That user has said that they will revert the change today.”
Classic Geth is an Ethereum Classic repository on Github. The latest version of the project was released 2 weeks back. Geth is the main Ethereum Classic client,  a multipurpose command line tool that runs a full Ethereum Classic node. This is a Go language implementation of Ethereum Classic, supporting the original blockchain and its philosophy of immutability, censorship-resistance, and resilient distributed applications.
During the short investigation period by ETCDEV team, its Director, Anthony Lusardi tweeted:
“We are in contact with GitHub and working to regain control. The user who took ownership has not made any changes to any repositories as of the time of this tweet. However, as the note indicates, please proceed with caution.”
He also mentioned that no changes have been made to any repositories currently. Another ETC developer mentioned on Twitter that “the repositories require approved reviewers prior to PR merge and all build pipelines have been paused until the situation has been resolved. All clients are currently uneffected”.
Later, Anthony Lusardi tweeted:
“All is fine now. Issue and an incredible amount of unnecessary drama is resolved. Hooray!”
The post Ethereum Classic [ETC] Geth security alert: “unnecessary drama” resolved appeared first on AMBCrypto.
Source: AMB Crypto

Ethereum Classic Price Analysis: ETC/USD Could Gain Pace Above $5.00

Key Highlights

Ethereum classic price recovered recently and tested the $5.00 resistance against the US dollar.
There was a break above a crucial bearish trend line with resistance at $4.45 on the hourly chart of the ETC/USD pair (Data feed via Kraken).
The pair is currently correcting lower, but it could bounce back and clear the $5.00 barrier.

Ethereum classic price is slowly moving higher against the US Dollar and Bitcoin. ETC/USD must settle above $5.00 to stage a decent recovery in the coming days.
Ethereum Classic Price Analysis
After a massive drop, ETC price found support near the $4.00 area against the US dollar. The ETC/USD pair formed a solid base above the $4.00 level and later started a recovery. It moved higher and broke the $4.40 and $4.60 resistance levels. During the rise, there was a close above the $4.60 resistance and the 100 hourly simple moving average.
Moreover, there was a break above a crucial bearish trend line with resistance at $4.45 on the hourly chart of the ETC/USD pair. The pair tested the $5.00 resistance and formed a high at $5.07. Later, it started a downside correction and traded below $5.00 and $4.90. The price even broke the 23.6% Fib retracement level of the recent wave from the $4.09 low to $5.07 high. On the downside, there are a few key supports near the $4.60 and $4.50 levels. The 50% Fib retracement level of the recent wave from the $4.09 low to $5.07 high is also near $4.58. Finally, the 100 hourly SMA is positioned near the $4.50 level. Therefore, dips from the current levels will most likely find support near $4.60, $4.60 or $4.40.

The chart suggests that ETC price seems to be following a bullish path above $4.50. A successful daily close above $5.00 could open the doors for more gains.
Hourly MACD – The MACD for ETC/USD is currently in the bearish zone.
Hourly RSI – The RSI for ETC/USD is still above the 50 level.
Major Support Level – $4.50
Major Resistance Level – $5.00
The post Ethereum Classic Price Analysis: ETC/USD Could Gain Pace Above $5.00 appeared first on NewsBTC.
Source: New feedNewsBTC.com

Ethereum Classic Price Analysis: ETC/USD At Risk Of Break Below $4.00

Key Highlights

Ethereum classic price is under pressure below the $5.00 resistance against the US dollar.
There is a major bearish trend line formed with resistance at $4.50 on the hourly chart of the ETC/USD pair (Data feed via Kraken).
The pair is likely to struggle above $4.50 and it could even break the $4.10 low in the near term.

Ethereum classic price declined further against the US Dollar and Bitcoin. ETC/USD could accelerate losses below $4.10 and $4.00 if it fails to climb above $5.00.
Ethereum Classic Price Analysis
During the past few days, there was a sharp decline in ETC price below the $6.00 support against the US dollar. The ETC/USD pair even broke the $5.00 support area and settled well below the 100 hourly simple moving average. The recent rise in selling pressure on Ethereum, ripple and bitcoin sparked more losses in ETC below $4.50. The price even broke the $4.20 support level and formed a new yearly low at $4.08.
At the moment, the price is consolidating losses above the $4.10 level. An initial resistance is the 23.6% Fib retracement level of the recent decline from the $4.91 high to $4.08 low. More importantly, there is a major bearish trend line formed with resistance at $4.50 on the hourly chart of the ETC/USD pair. The trend line is close to the 50% Fib retracement level of the recent decline from the $4.91 high to $4.08 low. Therefore, if the price corrects higher, it may face a strong resistance near the $4.40 and $4.50 levels.

The chart suggests that ETC price is struggling to stay above the $4.10 and $4.08 levels. If there is a downside break below $4.08, the price is likely to accelerate losses below the $4.00 level in the near term.
Hourly MACD – The MACD for ETC/USD is slightly placed in the bullish zone.
Hourly RSI – The RSI for ETC/USD is flat below the 50 level.
Major Support Level – $4.00
Major Resistance Level – $4.50
The post Ethereum Classic Price Analysis: ETC/USD At Risk Of Break Below $4.00 appeared first on NewsBTC.
Source: New feedNewsBTC.com

OKCoin Launches in Latin America with Fiat-to-Crypto Trading for the Argentine Peso

CoinSpeaker

OKCoin Launches in Latin America with Fiat-to-Crypto Trading for the Argentine Peso

Licensed exchange now offers Argentine peso funding to trade with several major cryptocurrencies, other Latin American fiat currencies coming soon.

OKCoin Launches in Latin America with Fiat-to-Crypto Trading for the Argentine Peso

Continue reading at Coinspeaker
Source: CoinSpeaker

Ethereum Classic Price Analysis: ETC/USD Could Tumble Below $9.00

Key Highlights

Ethereum classic price is currently under pressure below the $9.25 support against the US dollar.
There is a major bearish trend line in place with resistance at $9.25 on the hourly chart of the ETC/USD pair (Data feed via Kraken).
The pair remains at a risk of more losses below $9.00 if it fails to move above $9.25.

Ethereum classic price is currently in a bearish zone against the US Dollar and Bitcoin. ETC/USD may perhaps continue to decline towards $8.80 or $8.60.
Ethereum Classic Price Analysis
In the last analysis, we discussed the key support at $9.20-$9.25 in ETC price against the US dollar. The ETC/USD pair failed to stay above the $9.25 support and declined further. It traded below the $9.00 support and settled below the 100 hourly simple moving average. The price as low as $8.90 and later corrected higher. It moved above the $9.10 level and the 23.6% Fib retracement level of the recent decline from the $9.57 high to $8.90 low.
However, the upside move was capped by the $9.25 level, which was a support earlier. Moreover, the 50% Fib retracement level of the recent decline from the $9.57 high to $8.90 low acted as a solid barrier. Besides, there is a major bearish trend line in place with resistance at $9.25 on the hourly chart of the ETC/USD pair. The pair is currently under pressure and it is trading around the $9.00 support. If sellers remain in action, the price may perhaps extend losses below the $8.90 low. The next main support is at $8.80 followed by $8.60.

The chart suggests that ETC price is trading in a bearish zone below $9.25. Only a close above $9.20 and $9.25 could push the price back in a positive zone in the near term.
Hourly MACD – The MACD for ETC/USD is placed in the bearish zone.
Hourly RSI – The RSI for ETC/USD is currently well below the 40 level.
Major Support Level – $9.00
Major Resistance Level – $9.25
The post Ethereum Classic Price Analysis: ETC/USD Could Tumble Below $9.00 appeared first on NewsBTC.
Source: New feedNewsBTC.com

Ethereum [ETH] says deep down, we’ll always love Ethereum Classic [ETC] despite the divorce

According to a recent announcement, Ethereum [ETH] special projects platform will be donating 15,000 ETC to Ethereum Classic Cooperative. This donation is to ensure that the Ethereum Foundation is investing in ETC in order to maintain a long-term positive-sum relationship.
The report stated that the Foundation found a cold wallet which had about 15,000 ETC. The Ethereum Foundation decided to donate the unsold ETC to the Ethereum Classic Cooperation. Furthermore, the reason for the foundation to donate the ETC was because Ethereum Classic had some quality engineering.
Some of the projects that interested the Ethereum foundation were the SputnikVM, which aims to be an efficient virtual machine for different Ethereum-based blockchains, and the Emerald Platform, an open source project, where tools are created by developers to build decentralized applications on Ethereum Classic [ETC].
In addition, the Ethereum foundation felt that donation could unite both the platforms for a greater good and create an opportunity “to bury the hatchet” between both the communities. In the top 25 cryptocurrencies, ETH and ETC shared a similar vision and technology. It was further in the mutual interest of both the platforms to work together and maintain a positive relationship.
Ethereum Foundation further added:
“The divorce was bitter, the narcissism of small differences will continue to raise its head within our two communities. But deep down, the ETC community will always be a part of us by both history and vision.”
The dispute between both the communities is the most popular one in the cryptocurrency space as the tension has ensured its presence in the cryptoverse for almost two years now. The reason for the “divorce” of the communities is the DAO hack, which resulted in the separation of the Ethereum network. This led to the birth of the second biggest cryptocurrency, Ethereum and the sixteenth biggest cryptocurrency, Ethereum Classic.
Moreover, until now, both the communities stayed away from each other, only to occasionally throw a fit. To add on to this, the Ethereum Classic community always referred to itself as the original Ethereum as it chose to stay on the original chain and believed that the split was against the values of the blockchain.
This effort from both the communities to collaborate and work together for the betterment of the ecosystem has stirred up the whole community, with some for the truce and some against it.
Donald McIntyre, a Twitterati said:
“Unfortunately, every blockchain has its share of corporatist participants. This is a deal between a foundation and a cooperative, nothing more. Many of us in ETC reject your social attacks. Money is on your side, but time and sound principles are on ours.”
Chiangmaichuck, another Twitterati said:
“Vitalik is one of the nicest guys. It’s like his ex-wife cheated on him and yet he still pays child support because he loves the kids that aren’t his”
Barry Silbert said on Twitter:
“The Ethereum Foundation just donated $150,000 (in $ETC) to the Ethereum Classic Cooperative Thrilled to see bridges being built between the Ethereum and Ethereum Classic communities”
The post Ethereum [ETH] says deep down, we’ll always love Ethereum Classic [ETC] despite the divorce appeared first on AMBCrypto.
Source: AMB Crypto

Coincheck Resumes New Account Openings, Customers Deposits

Coincheck, the Tokyo-based cryptocurrency exchange victim of a $500 million worth theft, has resumed new account openings, customer deposits, and purchasing of some digital currencies.
The operator had suspended some services following the late January incident in order to protect customers’ assets and investigate the cause of hacking.
Coincheck Exchange Resumes Trading of BTC, ETC, LTC, BCH, New Accounts Exclusive for Japan Residents
The theft of $500 million worth of NEM in early 2018 caused alarm in Japan, forcing the hand of the country’s financial watchdog, the Financial Services Agency (FSA), to be more demanding of cryptocurrency exchanges operating in its jurisdiction.
Coincheck has improved its governance and internal control throughout the year in order to safely restart its activities, the company explained in the announcement.
“In particular, we resumed JPY withdrawal in February 2018 and remitting and selling of cryptocurrencies gradually during the period from March to June 2018. And now, here we announce that Coincheck has resumed “new account openings” and “customers’ depositing and purchasing some cryptocurrencies” services today.”
The cryptocurrencies made available for deposit are BTC, ETC, LTC, and BCH, which are also available for purchase. Bitcoin trading on Coincheck was never suspended and users were always able to sell any cryptocurrency on their portfolios.
New account openings are only available for customers residing in Japan. The registration process includes the submission of identification documents and a KYC check, before receiving a postcard-sized letter from Japan Post instructing the account activation.
Coincheck requests existing customers to generate a depositing address when reusing the depositing service. If a remittance is sent to the old deposit address, the operator will not reflect it on the user’s balance nor return it back.
The operator, which was acquired by Monex Group for $33.5 million, warns customers that trading services may be temporarily suspended if the platform experiences a significant increase in the volume of transactions or sudden price fluctuations.
Coincheck is yet to resume depositing and buying of ETH, XEM, LSK, XRP, and FCT, as well as leveraged transactions for new positions, its affiliate service, JPY depositing through convenience stores, JPY quick depositing (Pay-easy), Coincheck Payment, and Coincheck DENKI (electricity). The services are expected to resume once they are confirmed safe and ready to be offered, the operator added.
In May 2018, the cryptocurrency exchange announced it was ordered to delist Monero (XMR), Zcash (ZEC), Dash and Augur’s Reputation (REP) in accordance with Japan’s FSA’s new policy which aims at banning cryptocurrencies that offer significant anonymity.
Featured image from Shutterstock.
The post Coincheck Resumes New Account Openings, Customers Deposits appeared first on NewsBTC.
Source: New feedNewsBTC.com

Binance CEO backs VeChain after being added to the platform’s Trust Wallet

On 27th September, Trust Wallet, a mobile Ethereum Cryptocurrency announced on Twitter that it has released support for VeChain [VET] and VeChain Thor [VTHO]. The wallet has also disclosed the integration of Wanchain [WAN] to its platform.
Trust Wallet’s official announcement | Source: Twitter
Trust Wallet was recently acquired by cryptocurrency exchange, Binance with an aim to provide better services and enhanced safety and security to users. Trust wallet has retained its anonymity post the acquisition and therefore users will have access to both the VeChain and Wanchain currencies via Trust’s multi-coin wallet on iOS and Android devices.
The wallet is a decentralized application [dApp] that is open source and anonymous with support for ERC20, ERC223, and ERC721 tokens including digital assets such as Ethereum [ETH], Ethereum Classic [ETC], and GoChain [GO]. Changpeng Zhao aka CZ, the CEO of Binance stated:
“One of the best mobile wallet for your crypto just got better!  BUIDL!”
Trust Wallet has also announced that they plan to add support for Bitcoin [BTC], Tron [TRX] and NEO in the following year.
At the time of writing, VeChain [VET] was sitting at the 19th position in terms of market capitalization. At press time, VET was trading at $0.012 with a market capitalization of $706 million.
A Redditor named Bossanovawitcha commented:
 “Goes out of his way to note Vechain is first staking coin supported. It is quite noteworthy in and of itself.”
Another Redditor named Marmot1991 stated:
“But for now that wallet support just ETH and ETH tokens. Binance buys this wallet and now the first coin on its own network is VeChain. I think this is one of a kind of support.”
A Twitter user named Tommyp408 said:
“It is a free world. Each person can choose where they want to live or conduct their business at Binance should operate in a country that has regulations that support crypto. I guess this is why so many other blockchain companies are moving to Malta.”
The post Binance CEO backs VeChain after being added to the platform’s Trust Wallet appeared first on AMBCrypto.
Source: AMB Crypto

Bitcoin [BTC], Ethereum [ETH] and XRP now accepted as donation by UNICEF France

Recently, UNICEF France announced on their official website that they will now accept donations in the form of a host of cryptocurrencies towards the aid of children.
To make the donation, donors can go to UNICEF’s France website and choose from a list 9 cryptocurrency options which include Bitcoin [BTC], Ethereum [ETH], Ripple [XRP],  Bitcoin Cash [BCH], EOS, Stellar Lumens [XLM], Litecoin [LTC], DASH and Monero [XMR].
UNICEF France believes that with this move, the humanitarian agency could attract a new category of donors effectively spreading their area of reach for funding. Sébastien Lyon, the executive director of UNICEF France stated:
“Cryptocurrencies and blockchain technology for charitable purposes offer a new opportunity to appeal to the generosity of the public and continue to develop our actions with children in our country of intervention.”
He further added:
“It is an innovation in terms of solidarity and fundraising that we are still few to propose, but which tends to become more democratic.”
Contributors also have the option to make ‘free’ donations by mining any one of the cryptocurrencies on the UNICEF France electronic wallet.
This isn’t the first time that UNICEF France has broadened its acceptance of forms of funding effectively reaching out to the cryptocurrency community. Earlier in February, the agency had launched Game Chaingers, a fundraiser for the Syrian Children’s program.
UNICEF appealed to miners and cryptocurrency enthusiasts to use the maximum number of PC Graphics Cards by mining cryptocurrency on the Ethereum Blockchain in order to generate funds. Through the fundraiser, donors were no longer required to spend a single Euro in funding as all they had to do was mine cryptocurrencies on the Ethereum blockchain platform.
UNICEF Australia, through a website known as the Hopepage, uses the processing power of donors’ computers to automatically generate funds to save and protect the rights of children.
A Redditor named Davinci7777 commented:
“I’m woke. There are always a few people who give me faith in humanity.”
Another Redditor named Vmozara added:
“Fuck, now we will again get headlines about scam organizations exploiting Monero.”
Thunderosa, a Reddit user said:
 “I read somewhere that only criminals use Monero.”
The post Bitcoin [BTC], Ethereum [ETH] and XRP now accepted as donation by UNICEF France appeared first on AMBCrypto.
Source: AMB Crypto

Ethereum Classic Price Analysis: ETC/USD Eyes Test of $10

Key Highlights

Ethereum classic price failed to settle above $14.00 and declined sharply against the US dollar.
There was a break below an important bullish trend line with support at $14.00 on the hourly chart of the ETC/USD pair (Data feed via Kraken).
The pair declined towards the $11.00 level and it remains at a risk of more losses towards the $10.00 level.

Ethereum classic price is back in a bearish zone against the US Dollar and Bitcoin. ETC/USD is likely to decline back towards the $10.00 level in the near term.
Ethereum Classic Price Dropped Heavily
After a decent upside move above the $14.00 level, ETC price faced sellers near $14.20 against the US dollar. The ETC/USD pair started a sharp downside move and broke the $14.00 and $12.00 support levels. The price even settled below the $12.00 support and the 100 hourly simple moving average. It seems like a crucial medium term top was formed near the $14.40 level.
During the decline, there was a break below an important bullish trend line with support at $14.00 on the hourly chart of the ETC/USD pair. The pair traded as low as $11.03 and it is currently consolidating. An initial resistance is near the $11.75 level. Moreover, the 23.3% Fib retracement level of the last decline from the $14.23 high to $11.03 low is also near the same zone. Additionally, there is a connecting bearish trend line in place with resistance at $11.60 on the same chart.

The chart suggests that ETC price is back in a bearish zone below $12.00. If it corrects higher, it could face sellers near $11.60, $11.80 and $12.00. The next major hurdle is near the 50% Fib retracement level of the last decline from the $14.23 high to $11.03 low at $12.63. On the downside, sellers could eye a test of the $10.00 support.
Hourly MACD – The MACD for ETC/USD is back in the bearish zone.
Hourly RSI – The RSI for ETC/USD is currently well below the 35 level.
Major Support Level – $11.00
Major Resistance Level – $12.00
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