DigitalNote fall: XDN users misled by rumors

DigitalNote currency drop may be connected with a confusion regarding XDN and XUN
23 October 2017   3405

DigitalNote, having a market cap of more than $8 million, dropped 25,55% during last week. 

Anonymous developers of DigitalNote (XDN) have been absent since the ICO ended on June 30 and the rumors about a new team, managing the project and planning to introduce new functions, started to spread. However, there were no official statements made.

Considering absence of DigitalNote developers and lack of any official information, some members of XDN community declared themselves members of XDN official team and claimed that the project is moving to XUN. They stated that UltraNote (XUN) is a project based on XDN source code. Some users were misled by the information that UltraNote is a fork of DigitalNote.

On October 20, a note under the title “DigitalNote: XUN is NOT related to XDN” was published in twitter account of XDN Community, which cleared things up for confused users.

Thuswise, UltraNote and DigitalNote turned out to be two separate projects, independent from each other.

Nonetheless, the price of the XDN continues to decline, and there is no evidence if the development of the project and trade are active or not.

OKEx Exchange to Launch GBP and THB OTC Markets

Thai and UK users should to pass the KYC procedure to start using Over-The-Counter platform
24 January 2019   28

OKEx announced support for the British pound and Thai baht on its over-the-counter platform.

The press release notes that users from Thailand and the UK can go through KYC verification procedures and start using the OTC platform.

Orders can be placed on the over-the-counter platform OKEx by independently choosing the exchange rate and payment options. Currently, this OTC-platform contains Bitcoin, Ether, Litecoin and Tether cryptocurrencies.

In addition to the pound and baht, the platform supports the Vietnamese dong and the Chinese yuan. This year, OKEx promises to expand the list of supported fiat currencies and serviced regions.

Earlier, OKEx launched termless Bitcoin swaps, and then similar tools for Ethereum, Bitcoin Cash, Ethereum Classic and Litecoin.