El precio de EthereumPoW (ETHW) desciende un 20 % a pesar de la inclusión en KuCoin

A pesar de cotizar en KuCoin, ETHW no logró mantenerse a flote por encima de los niveles de soporte clave, perdiendo más del 20% del precio en cuestión de pocas horas el lunes. La publicación El precio de EthereumPoW (ETHW) se reduce en un 20 % a pesar de la cotización de KuCoin apareció primero en BeInCrypto.

Timeline of Ethereum-pow, Kucoin-token

Singapore-based digital assets exchange Crypto.com is rolling out support for the newly forked Ethereum (ETH) proof-of-work token and one Web3 lifestyle altcoin. The exchange's customers can now trade EthereumPoW (ETHW), which aims to operate in the same way as pre-merge Ethereum, which existed on a proof-of-work blockchain. ETHW is trading at $6.

KuCoin (KCS) and The Sandbox (SAND), two cryptocurrencies with high growth potential, are sought after by investors looking for coins that can recover in the fourth quarter of 2018. Before the most recent market dump, KuCoin noticed an increase in demand for its exchange, and this pattern is expected to persist.

–– 22 September 2022 –– KuCoin and Legend Trading's new partnership unlocks deep liquidity, bigger trades, lower transaction costs and a smooth on-ramp experience. Leading cryptocurrency exchange KuCoin and reputed fiat-to-crypto payment service Legend Trading are announcing a powerful new collaboration to increase liquidity, fiat on-ramp capabilities and decrease transaction costs for retail traders buying crypto on exchanges.

London, September 21, 2022 – Today, Pixie – pioneers of a social crypto app with 30,000 daily users and growing – lists its native token PIX on KuCoin, a leading global cryptocurrency trading platform.  The listing of the PIX coin marks the world's first social crypto listing on a cryptocurrency exchange.

ETHPoW, in contrast to its recent development, rallied 44.85% from its value on 19 September. According to CoinMarketCap, the cryptocurrency went from $0.480 to trade at $6.73 at press time.

The Ethereum Proof of Work (ETHW) token had piggybacked off the popularity of the Ethereum Merge. In a bid to maintain the network in its original mechanism, developers had forked the Ethereum network,  creating their own token in the process.

The recently forked token from Ethereum, EthereumPOW has gained mainstream attention with a huge 35% rally. While the market witnessed some relief from the bearish pressure, the ETHPoW rose beyond $7 after rebounding from the lows at around $4.02. The major catalyst for this upswing is the new feature being added to the primitive chain.

[PRESS RELEASE – Please Read Disclaimer] At 06:43 (UTC) on Sept. 15, 2022, Ethereum completed its merge at the block height of 15,537,393 and officially switched to the proof-of-stake consensus mechanism.

As cryptocurrencies look to pare some losses following a Monday market downside, the latest crypto news is about EthereumPow (ETHW). In an announcement published today, global cryptocurrency exchange MEXC Global, which has key registrations and licences in countries such as the US, Australia and Estonia, said it has begun allowing deposits for EthereumPoW's ETHW token.

BlockSec alerted on Sunday to a replay exploit that resulted in the attacker getting an extra 200 ETHW. The post BlockSec detects replay exploit with ETHPoW tokens appeared first on The Block.