Status News

Status is a decentralized open-sourced mobile application powered by its cryptocurrency – Status Network Token (SNT). Status is explained as an Ethereum client, used as a browser and messenger that can offer you an access to Ethereum-based decentralized applications through a smartphone.

Status decentralized nature makes it possible for users to own a stake of the network and consequently take part in its governance. To own a take of the Status network you should also own some SNT. Status doesn’t profit from advertisement, and, therefore, from using and selling clients data. That’s why it is only possible for honest and trustable ads to exist in the network. Status protects both itself from attacks and users from spam by using the feature of requiring having SNTs on your account to reserve a user-name.

Status being open-source and user-driven makes it one of the most promising cryptocurrencies on the market.

Plaintiffs as the court to authorize communication via email and Twitter to Status co-founders as part of a class-action lawsuit over SNT’s ICO.
Crypto Class Action Asks to Use Social Media to Wrangle Flighty ICO Issuer
Andrey Shevchenko
Ethereum 2.0’s “many clients” approach is sometimes criticized for slowing down progress, but a Nimbus developer believes this will make the network more resili...
Is Ethereum 2.0's Launch Being Slowed Down by Too Many Clients?
Andrey Shevchenko
Seven major crypto exchanges and issuers are facing 11 new class-action lawsuits that were filed in a New York federal court on Friday.
7 Crypto Firms Targeted by 11 Lawsuits in New York
Samuel Haig
Market Analysis
Communication-related tokens have surged over 18 percent in the last week following in the footsteps of Zoom and other telecom stocks.
Telecommunications Tokens Are Surging Just Like Stocks
Michael Kapilkov
Nimbus received a $650,000 grant from Ethereum Foundation to realize its vision of light Ethereum 2.0 clients running on smartphones and Raspberry Pi devices.
Nimbus Receives Ethereum Foundation Grant to Work on Light 2.0 Client
Andrey Shevchenko
Five largest ICOs by the amount raised in 2017 show that returns on investment can reach up to 870 percent within 3-4 months.
Post-ICO Review: What Happens to the Tokens of the Largest ICOs?
Guest Author
The cryptocurrency ICO market has attracted interest from all angles in the financial space. Here, we look at the biggest ICOs.
The Biggest ICOs Overview
Craig Adeyanju
What are the possible solutions to the race conditions, created by ICOs so popular that they paralyze the Ethereum network?
Road To Better ICOs

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