#Ethereum Classic

Coinbase Pro announced on Tuesday, August 7, the launch of Ethereum Classic (ETC) on the platform.

Coinbase announced on Tuesday morning in a blog post that it is now starting the engineering work to integrate Ethereum Classic with its services. A further date for formally launching the trading of ETC on Coinbase will be announced on Sept. 5, the company said.

It’s been almost six months since the fateful Ethereum hardfork that followed notorious The DAO attack. The turmoil around the fork has subsided since then, so now it’s high time to calmly assess the situation and take a closer look at Ethereum Classic.

A short while ago, ForkLog conducted an own investigation of affairs around Ethereum Classic, mostly inspired by customer claims against exchanges. This time, we publish a translation of a private opinion of crypto-traders and bitcoin enthusiast Kir Kelevra as to Ethereum Classic and other processes that have shaken the industry over the recent months.

The community is discussing the possibility that three popular cryptocurrency exchanges, Exmo, Livecoin and BTC-e, have pocketed customer ETC coins.

As probably everyone knows now, Coinbase intends to quadruple its fees effective as of August 5 this year. Having failed to provide any explanation for such abrupt upsurge of charges, the exchange now faces yet another string of critical statements from across the community.

Bitcoin price has been moving downwards for two weeks already. On Tuesday, August 2, it plunged down to $595 for a short while. However, now the bitcoin price has already rebounded at 602.51 USD.

China’s biggest ETH exchange CHBTC has announced it launches Ethereum Classic trades, Twitter account cnLedger reported.