Weekly Altcoin News Update: Ethereum Presale Approaches 50 Million, a Proof of Stake Mobile Wallet, and More

Weekly Altcoin News Update: Ethereum Presale Approaches 50 Million, a Proof of Stake Mobile Wallet, and More

This week's altcoin update covers Ethereum, Shadowcoin, and CoinedUp's closure. Welcome to the CCN weekly altcoin news update, where we profile altcoin news topics that have gone under-the-radar. This week's article discusses Ethereum, whose Ether presale is set to pass 50 million sold, Shadowcoin, who are releasing the first mobile wallet with full staking functionality, and CoinedUp, who are closing their altcoin exchange. Ethereum Presale Approaches 50 Million Ether Sold. Ethereum's Ether presale has shattered expectations. Just 16 days into the 42-day sale, Ethereum have sold more than....


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Weekly Altcoin News Update: Vericoin Price Rise, Cryptsy USD Trading, and More

This marks the first installment of the CCN Weekly Altcoin News Update, which will profile altcoin news stories that have flown under-the-radar, but deserve coverage. This week's update examines the impressive rise of the Vericoin price, the introduction of Cryptsy USD markets, and a new Peercoin marketing campaign crowdsourced by the community. Vericoin Price Rises Dramatically. Most altcoins are little more than carbon copies of Bitcoin or another popular cryptocurrency. However, Vericoin offers a host of unique features such as Veribit, which enables users to spend Vericoins at stores....

Weekly Altcoin News Update: Darkcoin Price Falls Below $5, Cloakcoin Anonymity Enters Public Beta, and More

This week's altcoin news update discusses the Darkcoin price downtrend, Cloakcoin's PoSA, and Feathercoin's move to NeoScrypt. Welcome to the CCN weekly altcoin news update, where we profile newsworthy items that have flown under the mainstream radar. This week's edition features an exceptionally impressive lineup of stories. In the past week, the Darkcoin price fell below $5, which may be partly due to Cloakcoin's announcement that their unique Proof of Stake Anonymity algorithm entered public beta. Finally, Feathercoin is set to become the first noteworthy altcoin to adopt the NeoScrypt....

NeuCoin Implements ‘Anti-Whale’ Measures in Reaction to Presale Popularity

Next-generation proof-of-stake altcoin NeuCoin has seen what developers have called ‘heavy interest’ in its April 28 presale since its announcement last week. NeuCoin, a fork of Peercoin seeking to provide improvements on the proof-of-stake currency model, will use funds generated in the presale to work on its micropayment platforms with partners Mondo Media and online music service Jango.com. Since the announcement, over 1,500 users have expressed interest in purchasing NeuCoin, prompting developers to implement tools to ensure both smaller and larger investors have the chance to purchase....

Weekly Altcoin Update: Stellar Price Volatility, Darkcoin's Major Anonymity Update, and Viacoin's ClearingHouse Launch

Welcome to the CCN weekly altcoin news update, where we profile newsworthy altcoin stories that have flown under the radar. This week's update includes an analysis of the Stellar price's early volatility, information about Darkcoin's latest update to DarkSend, its anonymous transaction protocol, and Viacoin's smart-contract ClearingHouse announcement and presale. Stellar Price Volatility. Stellar, the new Ripple-esque payment protocol from Mt. Gox and Ripple co-founder Jed McCaleb, has quickly gained adoption due to the project's aggressive distribution strategy, which includes giving away....

Ethereum 2.0 Deposit Threshold Met: Proof-of-Stake ‘Beacon’ Chain Starts in 7...

The Ethereum network’s ETH 2.0 contract has crossed the threshold needed to initiate the upcoming upgrade. Currently, there’s more 694,368 ether worth over $422 million resting in the contract, as developers hope the proof-of-stake launch will begin on December 1. At the end of the first week of November, the Ethereum Foundation initiated the first process of the highly anticipated Ethereum 2.0 (ETH 2.0) upgrade specifications, which detailed the initial rules of the genesis phase 0. The genesis phase 0 contract specification noted that there needed to be approximately 524,288....