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The week started with talk about the Bitcoin Independence Day which is August 1. After lots of deliberation and rifts, the Bitcoin community on the 1st of August 2017 set a date that would start the voting period for BIP 148. BIP 148 was the first user-activated soft fork (UASF) that allowed SegWit (Segregated Witness) to be activated. An event was organised by Bitcoin Magazine to commemorate the Independence Day on the 1st of August 2020. It was 6.15 hours of awesome bitcoin content. The course was proudly sponsored by ChangeNOW.
On that same day, ChangeNOW also announced that it was disabling $ETC exchanges on the exchange platform with a view to bring them back at a much later date. This was in light of the attack on the ETC network the previous night, 31st July. This situation was salvaged by the Ethereum classic team but the disablement was a precautionary measure by ChangeNOW to ensure security.
August 3
LocalCryptos, a non-custodial P2P marketplace teamed up with ChangeNOW to make crypto-to-crypto swaps possible and direct from the LocalCryptos wallet. Only fiat to crypto trades were until this integration that allowed for swaps between cryptos. The cryptos is available for swaps are $BTC, $ETH and $LTC.
August 4
In celebration of the recent partnership with LocalCryptos, ChangeNOW announced a raffle where three (3) winners will be randomly picked after performing a simple task to share $150 ($50 each) in $ETH.
On this day too, NOWNodes, an arm of the ChangeNOW platform started supporting $ADA, the utility token of Cardano. This implied that anyone could connect easily to explorer and node using the NOWNodes service.
Also on this day, $THETA, the utility token of the Theta network, was listed on ChangeNOW. Theta network is a decentralized video delivery network. This implied that $THETA can now be purchased with 94 different coins on the change now exchange platform.
August 5
$COTI went live on the ChangeNOW exchange. $COTI is the utility token of COTI network. COTI is a fully encompassing "finance on blockchain" ecosystem. It is built on the DAG technology and would help to meet the challenges of traditional finance. In celebration of this, ChangeNOW had a raffle where five (5) random users were picked after performing some tasks to share $250 in $COTI.
Part 6 of the #AltSeasonCyberHunt by ChangeNOW was dedicated to Ontology network. Ontology is a high-performance open source block chain specialising in digital identity and data. Questions were asked about $ONT and other altcoins and there was a prize pool of $500.
August 6
We had an AMA with Shahaf Bar-Geffen, Chief Executive Officer of COTI at 14:00 UTC and questions were asked in the community chat. $200 worth of $COTI price pool was allocated for those who passed the quiz at the end of the AMA.
ChangeNOW also enabled 'from' exchanges for $FTX. Earlier on the 29th of July, 'to' exchanges were enabled and you could purchase $FTX with 96 different coins. The latest act meant that $FTX could now be fully swapped with the 96 coins in both ways.
Part 7 of the #AltseasonCyberhunt by ChangeNOW was dedicated to Pundi X Labs. Pundi X Labs are there to empower blockchain developers and token holders to use cryptocurrency at any physical store in the world. Questions were asked about $NPXS and other #altcoins and there was a price pool of $500.
August 7
Edge Wallet took a time out to list and give a shout-out to some of their partners, of which ChangeNOW is included. Edge Wallet is a self custody crypto exchange and security platform.
ChangeNOW also announced an AMA with four (4) team members of the ARK Ecosystem that would take place on the 10th of August, 2020, at 18:00 UTC. Prospective participants are requested to join the ChangeNOW community chat and those who pass the quiz would share in the $150 worth of $ARK.
That's all that happened within the eventful week. We are looking forward to a better week ahead. Take care of yourselves, beautiful people.
Varez Ebuka