Electroneum (ETN): The First KYC Approved Cryptocurrency

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KYC, or Know Your Customer procedures have been the talk of the town in the cryptocurrency space. Granted, the cryptocurrency ecosystem is still figuring out the regulatory procedures and frameworks. But, a coin called Electroneum (ETN) is pioneering the way. The mobile-payment system just announced that it’s the first KYC compliant digital currency. The New … Continue reading “Electroneum (ETN): The First KYC Approved Cryptocurrency”

Electroneum (ETN) Price Spiking after Fix

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Electroneum (ETN) is up another 26.5% this morning. After inhering a fatal “Burning Bug” from Monero (XMR), the team patched the issue.  A bug like this one allows a person to fund an exchange balance multiple times. Once that happens, the platform winds up owning invalid coins marked for double spending. However, the fix is … Continue reading “Electroneum (ETN) Price Spiking after Fix”