Kik Messager to Switch to Stellar

During the ICO in September 2017, the team was able to raise about $ 100 million
15 November 2018   598

Kik Foundation messenger developers will abandon the Ethereum blockchain in favor of Stellar, a company blog reported.

According to the report, the company will stop atomic swaps with ETH. Not giving exact dates, the Kin Ecosystem Foundation announced the imminent creation of a tool for the withdrawal of KIN tokens from the Ethereum blockchain.

During the ICO in September 2017, the team was able to raise about $ 100 million. In November, Kik representatives first spoke about the possible transfer of tokens from Ethereum due to the scalability of this network. Alternatively, the Stellar blockchain was chosen.

In March 2018, the company developed a system to work on both platforms. Ethereum was used for greater safety, and Stellar - to increase speed. For interaction between blockchains, a system of atomic swaps was developed.

A spokesman for the Kin Foundation said that negotiations were underway with the exchanges. The companies want users to switch to a new blockchain, and ERC-20 tokens are burned. He also added that the developers are not planning a mandatory transfer of tokens owners to the new system.

Previously, there was a similar situation with the project Storj. Recall that in March 2017, Storj Labs announced the transfer of its decentralized storage system from the Bitcoin blockchain to the Ethereum blockchain.

Binance to Conduct Unplanned BTT Airdrop

"One tester inadvertently clicked an airdrop button for BTT" as head of the exchnage reported
20 February 2019   101

Binance, the largest cryptocurrency exchange, inadvertently implemented BitTorrent airdrop. Because of this, the wallets of some users of the trading platform were replenished with BTT tokens.

While doing testing for Fetch.ai , one tester inadvertently clicked an airdrop button for BTT, giving some BTT launchpad buyers extra BTT tokens. We are resolving the issue now. No other people are affected.
 

Changpeng Zhap

CEO, Binance

One commentator joked that getting some extra tokens is not a problem at all. The head of Binance answered him that this question is now being resolved and, most importantly, all means are safe. Another Twitter commentator joked that he inadvertently pressed the Sell button and sold BTT tokens very cheaply. 

Also today, Changpeng Zhao reminded that only one day remained before the launch of the test network of the decentralized Binance DEX exchange.