The Shapeshift.io exchange has returned after an extended downtime due to a hack, and the company immediately announced the addition of a new coin. Litecoin will now be supported as well, bring the total of supported coins back to three.
It has been coming for quite some time now, but the Shapeshift platform is back with a vengeance. After the company was forced to shut down their services not too long ago due to a hack, there was no official data announced as to when the exchange platform would resume their operations.
By the look of things, that return has come a lot sooner than most people expected. However, it has to be said, the new ShapeShift is looking identically the same for the most part, but there is one noticeable difference. At the time of writing, only three cryptocurrencies were supported, but more will be added again over time.
It is good to see the Shapeshift platform back on its feet, though, as cryptocurrency enthusiasts had been looking far and wide for a viable replacement. As it turns out, finding an instant exchange without registration or account verification is not an easy task, and replacing Shapeshift is not an easy task by any means.
For the time being, the supported coins include Bitcoin, Ethereum, and Litecoin. It is always good to see a platform return with three strong cryptocurrencies available, and the company can now slowly rebuild their former offering of coins. All of the other Shapeshift features, such as their API, Lens, and Shifty button, are back in working order again.
A lot of cryptocurrency enthusiasts will be pleased to hear the company is back and building up their service again. Although it is shameful what happened to them – and especially the way it happened – the time has come to look to the future and once again provide an excellent service so many people seem to enjoy.
Source: Twitter
If you liked this article follow us on Twitter @themerklenews and make sure to subscribe to our newsletter to receive the latest bitcoin and altcoin price analysis and the latest cryptocurrency news.
Justin Sun, CEO of TRON DAO, has just made one of his biggest announcements of…
$BNB has broken through a historic milestone. The token surged past $1,000, setting a new…
Decentralized finance (DeFi) has continued to disrupt traditional financial systems, offering permissionless access to lending,…
Solana’s app economy posted another breakout month. Total application revenues surged to $193.5 million in…
Sharps Technology (NASDAQ: STSS) is making a major move in the Solana ecosystem. The company,…
LivLive is redefining augmented reality (AR) gaming by turning real-world actions into measurable value for…
