Kraken enables Bitcoin Cash deposits and withdrawals

Kraken exchange announces Bitcoin Cash deposits and withdrawals 
08 August 2017   2882
Bitcoin Cash

A new cryptocurrency representing a hard-forked version of Bitcoin, different from it in the blocksize limits

One of the biggest cryptocurrency exchanges, Kraken now enables Bitcoin Cash deposits and withdrawals:

As the company reports, 20 confirmations are required before BCH deposits are credited. However, the exchange team does not exclude the opportunity of lowering this number:

We may lower the required number of confirmations in the coming weeks if the BCH network grows and more miners join the network.
 

Kraken exchange team

Blockchain

Distributed database that is used to maintain a continuously growing list of records, called blocks

Still, the exchange warns their customers about the potential risk when transferring funds due to the fact that the BCH network may remain potentially vulnerable for several weeks or more.

In the event that a deposit is invalidated on the network after the funds are credited to a Kraken account, the amount of the deposit will be debited from the account. If this results in a negative BCH balance withdrawals will be locked until the balance is corrected (by either depositing or buying BCH).
 

Kraken exchange team

According to the company, Kraken has asset-specific deposit addresses and any funds sent to an address that isn’t specific to the asset will not be credited. Thus, Bitcoin Cash (BCH) deposits should only go to BCH-specific deposit addresses, and regular Bitcoin (XBT) deposits should only go to XBT-specific addresses. Any BCH sent to a XBT deposit address will not be credited and any XBT sent to a BCH deposit address will not be credited.

Raven Protocol to be the First IDO at Binance DEX

Team cannot say exactly how IEO will pass, since similar campaigns hadn't been concluded at Binance DEX before, but they are going to sell $500k worth tokens
14 June 2019   332

The Raven Protocol cryptocurrency project announced about the planned initial exchange offering (IEO), which will be based on the infrastructure of the Binance DEX exchange - in this case the campaign will be called IDO or Initial Dex Offering.

Raven Protocol confirmed the right to list its token on Binance DEX paired with BNB on June 17 at 9:00 UTC. At the same time, the IDO of RAVEN tokens will start. The project draws attention to the fact that neither Binance, nor Binance Chain, nor Binance DEX stand behind this initiative.

At the same time, Raven Protocol notes that it cannot say how exactly IEO will pass, since with Binance DEX, similar campaigns have not been conducted before.

Potential participants need to pass a preliminary identification by sending to the address of founders@ravenprotocol.com their address in the Binance Chain, an identity document, a selfie and proof of residence.

In total, Raven Protocol expects to raise $ 500,000 by selling 3% of its own token emission (300,000,000 RAVEN). Accommodation will be on a first come, first served basis. The limit on the amount of investment for one user is declared at the level of 100 BNB.