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Top Cryptocurreny Exchange Latoken List Kenyan based digital currency OnyxCoin

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Kenya based cryptocurrrency OnyxCoin has been listed on global cryptocurrency exchange Latoken. The digital asset Onyx is the native token of the OnyxPay decentralized exchange and it is owned by Kwakoo Group.


The Onyx is a digital asset with its own blockchain the OnyxChain built to facilitate universal payments. Through the decentralized exchange platform, Onyx will provide scalable, secure and safe payments in any fiat currency and across broad spectrum of service and industries by converting into a stable digital fiat currency, the OnyxCash.
Launched in August 1st, 2019, It allowed users to create accounts on the fifth day post launch.
In July 22, Latoken tweeted it will be listing the Onyx token on its’ exchange. With several hundreds of trading digital assets and large user base cutting across various continent, Latoken has listed the Onyx Coin on its’ exchange platform.
Based on a comment made to local media house, BitcoinKE, a representative of Onyx was quoted speaking on the Listing process “The process is quite hectic for native tokens that are not ERC-20.
The asset is currently listed against two industry dominant trading pairs. The BTC and ETH trading pairs.
Latoken is currently listed as No. 9 of the top cryptocurrency by coinmarketcap data with a daily volume of over $700 million.
 
 
 
Latoken is a cryptocurrency exchange with native token LA offering users spot trading, instant exchange, Crypto-Fiat gateway. It also offers crypto entrepreneurs IEO crowdsale services allowing founders to raise funds from the public. The LA is currently listed on OkeX, Hitbtc and Kucoin.

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Tudor Jones Projects that Crypto Will Take Over World Economies  

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Paul Tudor Jones, a Hedge fund manager at Storied notes that bitcoin is currently rocking the “brand name” crypto tag.

He intimated Yahoo Finance on Thursday the 4th of December, 2020 that “$500 billion is the wrong market cap [for Bitcoin] in a world where you’ve got a $90 trillion equity market cap and God knows how many trillions in fiat currency.”

As at press time, BTC’s market cap stands at $359 billion.

He continued that come twenty years from now, major cryptos will take over world economies and financial systems. He highlighted that “Cash may be gone and so in that world where does bitcoin fit in?”

Jones compared the major challenge of estimating BTC to the intricacy of estimating digital equities in the early days:

“I’m going to assume that it’s at the wrong price for the possibilities that (BTC) has and I’m going to assume that the path forward from here is north”

Although Jones iterated how he remains fixated to what he tags the brand name” crypto, BTC, he contrasted altcoins to “industrial metals” which he believes will scale in worth in the projected future.

Earlier this year in May, Tudor Jones disclosed the percentage of his bitcoin holdings to be approximately 1% to 2%  billion dollar investment holdings.

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The Crypto Community Welcomes the Release of Ethereum 2.0

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Ethereum has stormed the crypto space with its first phase of “the next-generation proof-of-stake (PoS) Ethereum 2.0” . Beaconcha.in. disclosed that the first phase of the Serenity phase was released at 1:00 pm WAT on Tuesday, the 1st of December, 2020.  

The Ethereum developers have been setting up Ethereum 2.0 since the present proof-of-work (PoW) network was established far back in 2015. It promises the perks of a one-stop blockchain for distributed or “decentralized Computer-based Apps.”

With this latest release, the present Ethereum network will experience an evolution into a new mode of settling payments on the go. This Beacon Chain promises to establish a faster and more transparent Ethereum blockchain.

“The launch of the Beacon Chain is a huge accomplishment and lays the foundation for Ethereum’s more scalable, secure, and sustainable home, says Danny Ryan, an Ethereum Foundation Researcher. “There is still much work to do, but today we celebrate.”

Created by Vitalik Buterin, a Russo-Canadian, the Ethereum Blockchain and now the most recent Beacon Chain is the product of years of extensive research and pressure from the investors that make up the Ethereum community. Buterin saw an era when Blockchain will be utilized for more than just a digital currency but to power various decentralized Apps and functions. He was bent on utilizing the  POS Consensus Mechanism instead of the usual Proof of Work (POW) mechanism.

The Ethereum Community has patiently waited for the ETH 2.0 release which has been stalled by delays upon delays. This new program presents a whole new feature of being accessed via multiple languages. This appears to be one of the many reasons for its stalled release over the last five years.

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Explaining DASH Coins to Investors Big On Privacy

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Dashcoin (DASH) is a grand derivative of Bitcoin. Essentially it is a derivative of the derivative of Litecoin. Jokes apart,  DASH is a hardfork of Litecoin which in turn is a derivative of Bitcoin. 

Formerly dubbed Darkcoin, it was curated in January 2014 by Evan Duffield when he became frustrated with the transaction speed of Bitcoin.  DASH uses both masternodes and miners to validate onchain actions. One key feature of the altcoin is that it gives users the option of privacy when transacting.

With InstantSend, onchain actions using DASH are transacted speedily as intended by the founder of the crypto.

Investors are always quick to evaluate how the prices of their investments will do in coming years, but believe you me, there is a whole lot that goes into scaling the monetary worth of any investment  talkless of a volatile cryptocurrency. Nevertheless its functionality as a virtual currency is what triggers its market movement and causes its value to go up or plunge.

One key thing that distinguishes DASH from many cryptocurrencies is its privacy feature dubbed “PrivateSend”. Users have the option of opting for an anonymously transacted onchain action.

It appears that this altcoin is more of a functioning crypto than a store of wealth. Taking Venezuela as a case study, with the crypto scaling to be a worthy altè to traditional online payments, its perks are key factors to take note of when determining if its price will rise or fall in the nearest future. 

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