Greetings Swippians!

We have some minor updates to mediate to the community.

Coinsmarkets
Concerning the exchange coinsmarkets, it seems they finally pulled out and ran away. The site has been completely down for over a week with zero communication from the owners. While we do not know the exact amount, we do know that the site is holding a substantial amount of Swipp. If you had holdings on the exchange, we urge you to report them in any way you can. If enough people do, we might get investigations started into the matter. We are deeply disappointed with their lack of any proper code of conduct and very sorry for all the people that got duped by these charlatans. This is exactly the kind of behavior and people we do not want in our cryptocurrency-community.

Wallet development
The wallet has recently seen some major updates in the GitHub repository which you can follow here, https://github.com/teamswipp/swippcore/commits/master. Some of the changes are specific to Windows. With the changes, Swipp is now slowly moving away from the original code base, becoming a completely unique development branch and cryptocurrency. Chaozer is currently preparing the next release of the wallet with a lot of these changes. If you want to help him test the changes before release, you can either join our discord (https://discord.gg/ZHVVjdZ) or send him a message directly via chaozer@swippcoin.com. We want to get the next version of the wallet released as soon as possible, so we can focus on the next major iteration of Swipp.

With the next wallet version, we plan to switch to a new build suite which will let us easily maintain binaries for Windows, OS X and a number of Linux distributions.

Muntster
Muntster is reportedly coming along nicely and is going to need beta testers, please contact Chaozer via discord (https://discord.gg/ZHVVjdZ) or directly (chaozer@swippcoin.com) if you are interested contributing. The exchange needs people that test the functionality, play around with the features and try to break (hack) the site. They need to iron out as many rough edges as possible before release and before a public test run.

Blockchain and masternodes
We are also happy to report that the Swipp blockchain has now surpassed 400 000 blocks. This means that there has been a small adjustment in the block rewards as specified on http://www.swippcoin.com/specifications. While the number of masternodes fluctuates slightly on the network, we have also seen that we reached a masternode count of 53 recently - a new record for the network.

Market situation
The current situation on the market resembles what happened in 2014 in more ways than one. So far, we have almost seen a similar correction of the Bitcoin price and a similar situation with the cash return from miners. While it might look frightening, we want to remind everybody that this is not the first time Bitcoin (or the cryptocurrency market) does this kind of correction. We are very confident that the market will recover.

Thank you everybody. More news will follow as soon as the next wallet is out.

Yours, team swipp