Coinbase added vaults for Litecoin and Ethereum

Now Litecoin and Ethereum holders can use Coinbase vaults for long-term storage
25 September 2017   1214

The provider of the popular crypto currency wallet Coinbase announced the addition of vaults for the long-term storage of Ethereum and Litecoin. This is stated in the company's blog.

Adding this option will give users additional layers of security when withdrawing funds, such as a 48-hour delay, mandatory confirmation by mail or phone, and the possibility of confirmation by several users.

Coinbase
Coinbase

A similar vault for bitcoin appeared on Coinbase in 2014. Now the holders Ethereum and Litecoin, in the same way as in the case of bitcoin, in addition to the standard account can open an account for long-term storage of coins.

Our goal was to help eliminate the false idea that Bitcoin owners had to choose between security or convenience when it came to storage. Coinbase vaults gave customers the best of both worlds by providing a standard account for easy access and a vault for long-term storage.
 

Jesse Pollak
Coinbase Team

Bittrex to List LOOM

LOOM is the token of the American startup Loom Network, which launches decentralized applications
18 July 2018   112

Popular cryptocurrency exchange Bittrex listed Loom Network token LOOM. 

As the team of the exchange said, trading with the crypto currency will begin in the near future. On the background of this news, LOOM showed a price jump fo 14%.

LOOM Price Chart
LOOM Price Chart

LOOM is the token of the American startup Loom Network, which is launching decentralized applications.

In January, Bittrex tightened the criteria for listing new tokens. Now, developers need to provide technical information about the token itself, as well as the data of at least one team member. At the moment, the exchange has 290 digital coins.