Cryptopia to delist FazzCoin and PosWallet

Cryptopia exchange is delisting PosWallet and FazzCoin on April 29 due to swap to new coins
15 April 2018   944

PosWallet is transitioning from POSW to a new XSN coin to implement new features like TPoS and Masternode while FazzCoin are moving to ERC-20 token because at the moment there are no miners on their network. Due to these changes, Cryptopia exchange is delisting both coins effective on April 29. As before, in case of PosWallet users are strongly advised to withdraw their funds before April 29 in order to ensure the safety and accessibility of the funds after the removal. The POSW network will stop being supported on May 1 and no issues are expected to happen.

As for FazzCoin, things are looking grim: because the network is not being mined, FAZZ lost its functionality. That means the chances of being able to withdraw the funds to users' personal wallets is quite low. The developers team was contacted and informed of the delisting. Unfortunately, Cryptopia was now informed of the swap, so users are advised to monitor any possible news source about the status of FAZZ coin. That way users will not miss out on the swap if it goes ahead. All complaints regarding the issues with withdrawal should be directed towards the coin developers team.

At the moment of publication, PosWallet market parameters are as follows

  • Average price: $0.360340
  • Market cap: $15,890,994
  • Volume (24H): $9,406

As for FazzCoin, its market indicators are as follows:

  • Average price: $0.005357
  • Volume (24H): $16

Most Crypto-Optimists Live in Norway, Bitflyer Study

According to bitFlyer's poll on future of crypto, europeans believes cryptocurrency has future
24 April 2019   107

Most Europeans believe that in ten years digital currencies will continue to be in demand, but they do not have the same confidence about Bitcoin. This is reported by Cryptonews, citing a study of the bitFlyer.

10 thousand people from ten European countries took part in the online survey. Of these, 63% believe in a “bright future” cryptocurrency. However, not all Europeans are confident in the future of Bitcoin - only 55% believe that the first cryptocurrency will exist in ten years.

It is also noteworthy that, despite the fall in prices of most cryptocurrencies that lasted for almost a year, the majority of respondents positively assessed the prospects for the development of the market.

Most of the “crypto-optimists” turned out to live in Norway - 73% of the inhabitants of this Scandinavian country are convinced that a decade later, digital currencies will still be in society. This is followed by Italy (68%), the Netherlands and Poland close the top four (67% each).

The percentage of consumers who believe cryptocurrencies will still exist in 10 years’ time
The percentage of consumers who believe cryptocurrencies will still exist in 10 years’ time

But the exact form of cryptocurrency will exist, almost no one knows. Only 8% believe that they will become money, and 7% - a tool for investment or a means of preserving value.

The fact that Bitcoin is not generating as much support as other cryptocurrencies is in part a symptom of the market’s volatility, but is also a direct impact of the constant media attention that is associated to its volatility.
 

Andy Bryant

COO, bitFlyer Europe

He also added that the study demonstrated how much remains to be done to increase public awareness of the benefits and opportunities of cryptocurrencies.