Blockchain Wallet adds Ether support

Blockchain Wallet adds support for Ether and unveils its partnership with ShapeShift
18 August 2017   1045

Blockchain Wallet, one of the most popular wallets in the cryptocurrency world, has just added support for Ethereum cryptocurrency. In addition, the British company enters into a partnership agreement with ShapeShift, the platform for instant cryptocurrency exchange.

Thus, according to the report, for users looking to acquire Ether, the company is excited to introduce a built-in BTC to ETH (and vice versa) exchange, powered by ShapeShift. Accessible directly within the Blockchain wallet, this integration makes it easy for users to acquire both digital currencies and monitor exchange progress, from start to finish. 

As popularity of Ethereum has grown, so has the desire from our customers to have the option to manage multiple digital assets with their Blockchain wallets. We are thrilled to introduce this new functionality to our community and will continue to find ways to make interacting with digital assets even easier.
 

Peter Smith
CEO of Blockchain Wallet company

Peter Smith also highlights that "this is just the first iteration of this product". In the coming weeks and months (and years), the company will continue to gather user feedback and use that to further build out this integration. 

Users Suspected RusGas of Scam

Reddit users have already accused RusGas of exit scam, since its behavior is much like  recent scam project Oyster Protocol
07 December 2018   95

The RusGas cryptocurrency project (RGS) demonstrates disturbing signs and releases new tokens in excess of the pre-set emission limit, Cryptovest reports. With an aggregate capitalization of $ 117, RGS trading volume for the last few days is $ 35,000. Events unfold against the backdrop of promises made by the project organizers about the upcoming restart.

Most of the RGS trade is focused on the Crex24 exchange, which has a daily  of $ 700,000. RusGas had a daily volume of several million dollars in its best days, which already then caused questions about the authenticity of this value.

According to CoinMarketCap, RGS emissions are limited to 10 billion tokens, but Etherscan indicates that currently 298 addresses contain 860 billion RGS. The rapid growth of emissions was recorded in recent days and hours. The largest wallet contains 99% of all tokens, which is probably the crex24 wallet. The developers themselves explain these movements to the next restart.

Reddit users have already accused RusGas of exit scam, since its behavior is much like  recent scam project Oyster Protocol(PRL), when the additional issue feature was used in a smart contract.

The likelihood of such an outcome is a characteristic feature of projects based on the Ethereum protocol, which allows additional emission of tokens through a smart contract at the discretion of its owner, not to mention other vulnerabilities that cost investors a lot of money.

RusGas is based on the idea of ​​using tokens and blockchains to optimize the Russian gas industry. Despite the dubiousness of the project’s mission, the data on the network indicates that in April of this year he managed to raise $ 2.2 million for ICO.