The crypto market is struggling today, and many coins are down, including VeChain Thor (VET) and Ethereum Classic (ETC). However, despite all the red, the coins are progressing in their projects.
VeChain Thor (VET)
VeChain Thor (VET) is currently selling for $3.11, which puts the coin down 14.49% in the past 24 hours.
The VeChain Thor public testnet is now up and running, getting ready to go live at the end of June. Leading up to its mainnet launch, VeChain has announced several big partnerships.
The VeChain Foundation is joining the BMW Startup Garage program. There are still very little details about this partnership, but BMW may be one of the companies doing tests on the blockchain, maybe with the concept of supply chain in mind.
Another exciting collaboration for the cryptocurrency is its deal with Oxford University in Oxford, England. Details are still scarce for this partnership as well, but the university will in some way be working on the development of the VeChain Thor platform.
Are you excited about the future of VeChain Thor? Do you think the coin will be able to separate itself from the herd enough to start growing?
Ethereum Classic (ETC)
Ethereum Classic (ETC) is currently selling for $12.34, which puts the coin down 14.58% in the past 24 hours.
Ethereum classic was one of the seven coins approved by the Thai Securities and Exchange Commission (SEC).
The other six coins included Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), Litecoin (LTC), Ripple (XRP), and Stellar (XLM).
The Thai SEC based its decision on the liquidity of the cryptocurrencies and on their consensus credibilities, among some other criteria.
ETC’s acceptance by the Thai SEC makes one more thing for the coin and its fans to celebrate at the upcoming Ethereum Classic Summit, happening in Seoul, South Korea from September 12th to 13th. Tickets for the event officially went on sale on June 9th.
Will you be going to the Ethereum Classic Summit this year?
Featured image: TeroVesalainen via Pixabay