One of the most shocking announcements of today was the fact that the MintPal exchange has been acquired by MooPay LTD. MooPay LTD is also known as the company running the Moolah.io exchange, among other things.
I have to admit this announcement came as quite a big surprise , not just to me but to a lot of people. Even though MooPay is up to some big things, it still is an interesting move to buy up a somewhat popular altcoin exchange.
Especially MintPal for that matter, as this exchange has gotten a very negative reputation over the past few months. Not just because of the security issues they have had in the past , which you can read about here.
The biggest issue a lot of people have always had when it comes to MintPal, is their coin voting list. Users can vote on which coin they want to see added next. This feature was not free of charge, as you could vote 5x per hour, but in order to make it effective, you had to pay Bitcoin.
Luckily for all of us in the world of Crypto and digital currency, MooPay will be cleaning house and this feature will be removed quite fast. But that’s not all, as MooPay will be also do a full audit of the code on which MintPal is running.
A lot more things will be coming to the MintPal exchange over time, and it’s best that you check the official press release here :
Definitely an interesting situation, and we will keep an eye out for more information.