Bitcoin Cash reached over $2000, stayed as second largest crypto for few hours

Be it the popular Bitcoin or Ethereum, seems that entire world is going crazy over cryptocurrency trade since last few months. Now the Bitcoin Cash, a split from sister currency Bitcoin, made a record high of more than $2500 against USD in last 24 hours according to WorldCoinIndex on November 12, 2017. It is showing every sign to cast its shadow on Bitcoin. According to analysts SegWit2x is responsible for this price intensification. Why SegWit2x...

TREZOR getting ready to support Bitcoin Gold

TREZOR hardware wallet has issued statement for their users over Bitcoin Gold, a proposed fork of Bitcoin, sharing its history up until the block height 491407 (around October 24, 6am UTC). According to the blog published by SatoshiLabs today, Monday October 23, 2017 that, "if you have held bitcoins on TREZOR before block 491407, you will have the same bitcoin gold balance as your bitcoin balance." However, TREZOR Wallet will not support Bitcoin...

Coinbase supporting SegWit2x hard fork in Bitcoin

Unlike the last Bitcoin Fork that took place on August 1, 2017, this time Coinbase is upfront and supporting upcoming SegWit2x hard fork in November 2017, According to a blog by Dan Romero, VP Coinbase, "Coinbase is currently working on the engineering and security requirements for each bitcoin blockchain ." As per the official tweet, "Customers with bitcoin balances stored on Coinbase at the time of the fork will have access to bitcoin...

Ethfinex announces the ERC20 Tether in collaboration with Tether

Tether.to, the first blockchain-enabled platform to facilitate the use of fiat currencies in a digital manner, is working to disrupt the legacy financial system through a more modern approach to money. After the success of their Bitcoin-based USDTether, they have now announced the development of the first Ethereum-based Tether, compatible with the ERC20 standard in collaboration with Ethfinex on September 11, 2017. Tether has already attracted users with the ability to transact with traditional...

Kraken Reducing Price Precision on all Trading Pairs

Kraken announced reducing the allowed decimal place precision for placing orders in trading pairs, effective Wednesday August 30, 2017 around 6 am UTC (Tuesday August 29 around 11 pm PT). According to the blog, new allowed number of decimal places for each pair will be 2 decimal places, which means user can place an order for $4,350.01 but not $4,350.001. Trying to place an order with more decimal places than allowed...

Kraken delisted pairs and suspended advanced order due to exponential growth

Kraken is one of the earliest crypto exchange which supports Bitcoin majorly but they kept adding support for Ethereum and other altcoins as and when they entered market. With the increase in number of new traders in recent days, they experienced exponential growth. So, in order to help mitigate the strain on the platform, they announced delisting some of the illiquid trading pairs and temporarily suspending all advanced order types. These changes will go into...

TREZOR Firmware Security Update — 1.5.2

TREZOR, one of the most popular hardware wallet encountered a security concern on August 17, 2017. The security issue was brought to attention by an individual researcher, via Responsible Disclosure. An article was widely shared among the different cryptocurrency communities and social networks, describing a vulnerability. Soon, a blog by SatoshiLabs addressing concerns about TREZOR firmware (1.5.2) was published. They acknowledged, while the description of the vulnerability was rather accurate, several important details...

Ethfinex – An Ethereum based exchange by Bitfinex

Bitfinex, one of the largest cryptocurrency exchange announces Ethfinex – a community & information hub to facilitate Ethereum-based discussion, analysis & trading platform. This announcement coming up on the very next day of Bitcoin Fork is significant for cryptocurrency space. According to the official blog, Ethfinex is rooted in the events of the past year’s security breach on the Bifinex exchange which took 8 months to make 100% reimbursement. Today, after a long road to...

Coinbase won't support Bitcoin UAHF

Coinbase, the biggest digital asset exchange of US which also extends support to many other countries, has updated their customer on Potential Bitcoin User Activated Hard Fork (UAHF). According to the tweet today, July 19, 2017 Coinbase does not want to support Bitcoin Cash (UAHF) hard fork, and asks its customers to withdraw their bitcoins by July 31 if they want to ensure access to their funds on the fork chain. For more updates, technical...

EOS Trading on Bitfinex from July 01, 2017

One of the largest cryptocurrency exchange Bitfinex announced, adding support for EOS exchange trading through EOS/USD, EOS/BTC, and EOS/ETH pairs starting from July 01, 2017. Margin trading for EOS pairs will be enabled in the coming days as the order book develops suitable liquidity. Launch time is yet to be announced. Project EOS founded by Dan Larimer, is a development platform designed to make production of high performance dApp fast and scalable....

IOTA Token on Bitfinex, Hits $1.5 Billion Market Cap, ranked under top 10 currencies.

Bitfinix announced trading IOTA, starting June 13, 2017 against USD and BTC. Margin trading for IOTA pairs are enabled as the order book develops suitable liquidity. Bitfinex says that it supports the Internet-of-Things innovation and finds it in Tangle, IOTA’s blockless distributed ledger which is both scalable and lightweight; the more users on the network, the faster it becomes. Several factors were involved while considered IOTA for trading on Bitfinex. Some of these factors...

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