Kik presents Kin
Kik company raised nearly $100 mln from more than 10,000 participants in 117 countries, which makes their token, Kin, one of the most widely held cryptocurrencies in the world, according to Cointelegraph.
Kik is introducing an open source cryptographic token, named Kin, which is envisioned as a general purpose cryptocurrency for use in everyday digital services such as chat, social media, and payments. Kin will be the unit of account for all economic transactions within the Kin Ecosystem, and it will serve as the basis of interoperability with other digital services.
The connection between Ethereum and Zcash
The Byzantium hard fork opens the doors to moving to a proof-of-stake blockchain. The network will be in test mode until October 17, when the official update will come live, according to Cryptovest .
The most prominent feature of the update would be the possibility for anonymous transactions based on the algorithm of ZCash called zk-SNARKs.
Zcash is ‘Most interesting Bitcoin alternative’
According to Edward Snowden, “Zcash ‘s privacy tech makes it the most interesting Bitcoin alternative. Bitcoin is great, but if it’s not private, it’s not safe.”
11 new Bitcoin Exchanges
Japan’s Financial Services Agency has issued operating licenses to 11 Bitcoin exchanges. The licensing enforces certain operational requirements for the exchanges, including high standards for cybersecurity, the segregation of customer accounts and the verification of customer identities.