DigitalNote fall: XDN users misled by rumors

DigitalNote currency drop may be connected with a confusion regarding XDN and XUN
23 October 2017   4390

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.

Binance to Add WeChat and Alipay Support

According to the anonymous sources of The Block, the feature is in the testing stage for Android users
10 October 2019   114

Binance Exchange will add support for the largest Chinese payment systems WeChat and Alipay.

Referring to informed sources, The Block reported that this option is currently being tested for Android users, and will soon become available for iOS and the desktop version of the trading platform.

Note that in China, the activities of cryptocurrency exchanges were officially banned at the end of 2017. However, residents of the country are actively using P2P and OTC platforms to buy bitcoin.