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From a warning on a potential altcoin catastrophe to new adoption for Ethereum, here’s a look at some of the stories breaking in the world of crypto.
Altcoins and Bitcoin
A popular crypto analyst says big changes affecting US traders on Binance and Bittrex could have a dire impact on a number of altcoins. Binance.com is pulling the plug on US traders, prohibiting them from trading on Binance.com as of September 12th. Meanwhile, Bittrex is sending out emails to alert its US customers that certain markets will shut down on June 28.
DonAlt told his 106,000 followers on Twitter that he believes coins that will soon be banned from Bittrex and don’t make it over to Binance’s new US-based exchange called Binance.US could essentially be delisted into oblivion.
As for Bitcoin’s recent surge past $8,600, DonAlt says he’ll flip bullish if BTC can close out the week on a high note.
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Ethereum
An oil and energy company in San Diego, California says it will be the first company to list oil assets on the Ethereum blockchain.
Ziyen Inc., plans to tokenize the assets using ERC20 standards.
“At the moment the owner of a working interest in the producing lease would routinely receive their monthly royalty check until the well runs dry, but under tokenization they will now have the ability to sell this. This groundbreaking notion is a key step forward in the development of a global energy currency.”
Ripple and XRP
Ripple has released an extended cut of its interview with director of product management Craig DeWitt.
The interview covers key updates to RippleNet, including multi-hop, on-demand liquidity and customer integration.
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Litecoin
The project director of the Litecoin Foundation says Glory Kickboxing is accepting LTC for VIP tickets to an upcoming event in Paris. Bitcoin is also accepted.
Cardano
Charles Hoskinson continues his travels around the globe to promote blockchain technology. Current stop: the country of Georgia where he flashes his new haircut standing next to a crypto ATM. The Cardano creator is posting regular updates via Twitter.
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Tron
The latest report on Tron’s decentralized app ecosystem is out. The report covers a number of new DApps including a game called Cipher and a development platform called CodeXpert.