Cryptocurrency Startup CoinList Raises $9.2 million in Funding to Expand Services for Investors and Vetted Blockchain Companies (TechStartups.com)
Initial Coin Offering (ICO) is leveling the playing field and making it easier for startups to raise funding for their projects in the form of crowdsale. The crowdsales give startup founders access to funding from the crowd, and token buyers, in turn, get something similar IPO for public company. However, ICOs come with some challenges. There are some fraudulent and scam ICOs out there. Some startups are scamming investors with shady ICOs. The question is, how do you avoid ICO scams? One startup, CoinList, is solving this problem by building a platform to vet ICO and blockchain companies. CoinList is a platform for the best digital asset companies to manage their token sales and is the place for investors to discover high-quality projects.
Cryptocurrency Verge Responds To Hacking Claims By Launching ‘Accidental Hard Fork’ (CoinTelegraph.com)
Anonymity-focused cryptocurrency Verge (XVG) lost 25% of its value April 4 as news surfaced of an apparent hack which developers ‘resolved’ by accidentally initiating a hard fork. According to various press and social media sources, including Verge developer known as Sunerok, a bug allowed manipulation of block mining timestamps. This created the potential for illegitimate coins to appear from nowhere. “There’s currently a >51% attack going on on XVG which exploits a bug in retargeting in the XVG code,” Suprnova mining pool’s OCminer reported on Bitcointalk.
NEO and Gas Will Be Added to Cryptocurrency Exchange Cobinhood (UseTheBitcoin.com)
NEO and Gas keep expanding their market and audience. The decentralized and first cryptocurrency exchanges without fees, Cobinhood, will add NEO and Gas to its platform. The information has been released by Cobinhood in a blog post on march the 28th. Cobinhood Adds NEO and Gas: NEO and Gas will be listed on April the 6th at UTC+0. Withdrawals will be enabled later this month, on April the 13th. The trading pairs for these two cryptocurrencies will be NEO/BTC, NEO/ETH, NEO/USDT, and GAS/BTC, GAS/ETH, and GAS/USDT.
Qurrex, Andromeda Create New Crypto Exchange (PaymentWeek.com)
For a commodity that’s been so maligned in recent days, and the recipient of so many metaphorical slaps to the face, crypto exchanges sure are cropping up quite a bit lately. One of the newest comes from a strategic partnership established by Qurrex and the Andromeda Group, a move that not only sets up a new exchange, but offers a little something new in the process. With the new exchange, the two firms hope to step up over the counter (OTC) desk operations, listing exchanges, and bringing in new-or current-crypto investors.