All Things Alt: The MintPal Fallout, Viacoin's Big Haul and an Altcoin for Kids
With the summer (or winter, depending on where you are) nearly half over, there's been seemingly no end to the exciting times in the world of alt. Events both positive and negative have shaped the space in the past two weeks, but as always, there's simply not enough time to sum it all up. From new service launches to catastrophic conclusions to altcoin projects, the ups and downs of the altcoin ecosystem still show no sign of abating as we head into the final days of July. Developers debate vericoin block chain rollback. Last week's successful attack on digital currency exchange MintPal....
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The Viacoin price is languishing. Viacoin is a crypto 2.0 platform built on an independent blockchain. Viacoin had a very successful presale, and the Viacoin price soared after the coin hired Bitcoin developer Peter Todd to assist with the project. However, the Viacoin price has endured a steady decline for the past month. CCN examines this altcoin price decline. Also Read: Bitcoin 2.0 Will be a Very Big Deal. Viacoin Price Sliding in the Wrong Direction. October has not been a pleasant month for Viacoin investors. After Viacoin obtained a $1 million market cap just days after its official....
Mintpal, a popular altcoin exchange, has been hacked. In their official announcement of the matter, they revealed that the hacker specifically targeted Mintpal's large VeriCoin holdings. Mintpal was in control of 30% of existing VeriCoin, all of which was stolen by a yet unidentified hacker. Mintpal has emphasized to its users that they are still processing withdrawals for all other coins; however, they have not revealed the exact vector of the attack. Mintpal and other VRC exchanges have worked directly with VeriCoin developers to come up with a seemingly satisfactory solution for all....
Recently, the digital currency exchange MintPal was successfully attacked. VeriCoin was the target, and nearly 30% of all the VeriCoin in existence were stolen. In a time of quick decisions, the VeriCoin developers came in contact with MintPal and decided to hardfork their blockchain to a point before the transaction. The decision has caused some conversations to come forth of the hardfork that has the altcoin-community debating whether this decision was the right thing to do. Patrick Nosker, one of the developers for VeriCoin, sat down with CCN to talk about the decision and the....
The first decentralized smart contracts protocol built on top of an altcoin block chain is now live. ClearingHouse, a descendent of Counterparty, was created by the team behind viacoin and has been in active development since the alt first launched last month. The team has attracted top talent in the bitcoin space, most notably Bitcoin Core developer and Coinkite advisor Peter Todd who has been hired to work on his Tree Chains concept. On 11th August, the viacoin development team announced new details regarding ClearingHouse's internal currency, XCH, and information on how users can....
Moopay LTD, the digital currency service provider more commonly known as Moolah, has purchased MintPal, the altcoin exchange which recently suffered from a severe hack that compromised nearly $2m in customer funds. With the acquisition, Moopay said it plans to use Mintpal as its primary altcoin trading platform. Moolah.io already operates the digital currency exchange Prelude, a subservice of Moopay that focuses on dogecoin and bitcoin. Alex Green, CEO of Moopay, stated that he believes MintPal will benefit from Moopay's significant development and security expertise, and that the....