In our “Altcoins” section, we cover news, updates, and market trends related to alternative cryptocurrencies beyond Bitcoin. Here you will find information about popular altcoins, new blockchain projects, and the technologies driving the altcoin ecosystem. Read the “Altcoins” section on ForkNews to stay updated on the latest developments across the crypto market.
The next hard fork, which took place yesterday on the Ethereum Classic (ETC/USD) network, does not involve dividing the network and the emergence of a new token, but is intended to solve problems associated with the profitability of mining. In essence, this is a soft fork, an upgrade of the network to remove the “unnecessary function” of the project.
On June 2, the EOS token will transition from the Ethereum network to the MainNet network. Below is a list of exchanges that will perform EOS token swaps.
According to CCN, there was a recent attack that resulted in a malicious miner gaining temporary control of Bitcoin Gold hashing power. Thus, the miner gained control of the Bitcoin Gold register.
Fintech company Revolut has significantly increased its profits and customer base after adding services for Bitcoin, Litecoin and Ethereum last year. Today (May 24) ripple and bitcoin cash will join them. Customers will now be able to buy and sell digital assets directly from the Revolut app.
Based on CryptoNote technology, focused on increasing the anonymity of transactions, a new digital protocol, Tari, will soon appear.
TRON is suffering heavy losses, like other cryptocurrencies on the market. On May 31, the altcoin is preparing to launch its own MainNet blockchain and move away from the Ethereum network, on which the ERC-20 token used by the TRON cryptocurrency is built. The TRON Foundation expects this to significantly increase the value of the cryptocurrency.
Altcoin Zencash had an eventful day today. Although this token has not yet been used anywhere, its price today received a good pump and subsequent reset over the past couple of hours. Although its price is still up 8.7% in 24 hours, the delay in listing on Binance has many wondering if this will end well.
One of the undervalued coins, Karbo, has made its way into the top 10 global cryptocurrencies with increased anonymity by capitalization.
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