HUGE South Korean Exchange Launch / Raiden Network ICO / Gibraltar Issues Cryptocurrency Regulation
On today's episode of The Cryptoverse:
Korea’s largest messenger app company launches a cryptocurrency exchange, developers of the Raiden network cause controversy over their ICO, and Gibraltar issues regulations for their own cryptocurrency exchanges
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Sources:
https://coinmarketcap.com
https://www.coinigy.com/?r=16171fe8
https://news.bitcoin.com/koreas-largest-messenger-app-launching-exchange-with-110-cryptocurrencies/
https://www.coindesk.com/gibraltar-regulate-bitcoin-exchanges-possibly-icos/
https://themerkle.com/cryptocurrency-community-remains-divided-over-raiden-ico-announcement/
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Don't understand the lure of Reddcoin. Existing social networks are centralized with some (if not all) demonstrating censorship and promoting excessive ads. Token rewards won't change that.
As far as my opinion on Raiden, seems there must be more to this story. What they are doing/planning just doesn't make sense. Agree that Monero's funding model is more a win/win.