Cryptocurrency News: ZEC, ETH, XRP: Buterin Thinks Zcash is A “Cool” Project. Monday, August 13

Important Cryptocurrency News

Buterin Thinks Zcash is A “Cool” Project

The Ethereum founder Vitalik Buterin has said that people are usually curious to know if he comments on other coins. This happened when the crypto czar was asked to make a comment on another coin ANON which is a not-so-well-known crypto.

In making reference to Zcash, Buterin made allusion to the features of the coin that makes it stand out such as its privacy features which has been praised by crypto enthusiasts.

The coin was among five others mentioned by Coinbase to be listed by the service soon. The planned listing has since generated more interest in the coin. Alluding to its privacy features of which the exchange said, “We may also only enable certain ways to interact with these assets through our site, such as supporting only deposits and withdrawals from transparent Zcash addresses.”

Minds the Blockchain Based Social Network Migrates to Ethereum

The blockchain-based social network minds has announced it would officially be launched on the Ethereum Network after being test run on the platform’s own testnet Rinkby. Minds is a censorship resistant social network meant to circumvent activities of authorities in places prone to censorship.

Minds CEO Bill Ottman claims that the platform already has 500,000 daily views and 1.2 million registered users a quarter of whom have already earned test tokens during the beta phase of the launch.

Ethereum and Ripple Lose As Bitcoin Holds

The coin market in the past weeks has seen massive losses wiping off some $40 billion. Bitcoin  which seemed last week ready to plunge below the $6000 psychological mark held just above it and has seen some gains trading around $6,4oo, but Ethereum and Ripple have not been as stout with both coins losing considerably. Ethereum has lost 2.5 percent while Ripple (XRP) is down 1.7 percent.

ZEC/USD Price Chart, Monday August 13th:

ETH/USD Price Chart, Monday August 13th:

XRP/USD Price Chart, Monday August 13th:

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