Bittrex to Unveil Bitcoin Private Position

Learn about the possition of one of the biggest cryptocurrency exchange on BTCP
28 February 2018   1209

One of the leading crypto-currency exchanges Bittrex said that it will not add list Bitcoin Private (BTCP). This information is reported on the official Twitter of exchage.

However, due to the temporary suspension of inputs and the output of ZClassic, ZCL holders on Bitrrex under certain conditions will be able to claim BTCP coins, unlike bitcoin holders.

Representatives of Bittrex recommend to cancel all ZCL outputs in pending mode, because this function will not be available until the snapshot is taken. The ZClassic market will open only after 17:00 UTC, when the exchange will take a "snapshot" of the ZCL balance sheets.

Bittrex will make all reasonable attempts to credit our ZCL users BTCP but until we have a fully supported wallet, we can not guarantee tokens. We will continue to monitor the state of the codebase and network. Since the ZCL wallet contains a significant amount of UXTO's to clean up and consolidate, we anticipate that BTCP will be available at least a week from the time of the BTCP network launch.

Bitcoin balances will NOT be credited BTCP.
 

Julian Yap

Bittrex

According to the representatives of the exchange, BTCP coins will be available within a week after the launch of the main Bitcoin Private network.

Bittrex to Cancel RAID Crowdsale

The official reason was cancelation of the strategic partnership between the RAID project and the OP.GG company
15 March 2019   203

Bittrex International Cryptocurrency Exchange announced the cancellation of the first IEO on its platform. The official reason was cancelation of the strategic partnership between the RAID project and the OP.GG company. Representatives of the trading platform felt that in such a situation holding a tokensale contradicts the interests of investors.

Another reason for Bittrex decision could be an investigation published on Coinspeaker.

So, it turned out that the Singapore company issuer ONERAID PTE. LTD is not in the official register of legal entities from the Singapore company regulatory authority (ACRA). At the same time, several company names contain the word “Raid”: one sells alcohol, the other sells clothing and accessories. A few more are registered before 2010 and seem inactive.

It is noteworthy that any information about the company is missing in Google. Also no LinkedIn and Facebook accounts of founders were found. The founder of OP.GG Cheonwoo Park, whose company, according to Forbes, attracted 32 million active users in 30 countries, could not be found in social networks.

OP.GG has stopped all potential business discussions related to RAID project and there will be no economic and technical cooperation with RAID coin.
In addition, OP.GG has no intention of developing any blockchain related business utilizing RIOT GAMES data.
OP.GG will take all possible legal measures against individuals or organizations disseminating false facts related to this.
Thank you.
 

OP.GG Website

At the same time, the project’s Twitter itself says that it has nothing to do with RIOT GAMES.

At the same time, all the names of the co-founders are South Korean. The fact that the non-existent Singapore company most likely did not hire a single Singaporean also seems strange.

In light of the opening facts, the decision to change the XRD ticker to RAID also looks suspicious. It was probably taken in a hurry, since the RaidOfficial Twitter account has already existed since May 2010.