Bitcoin Miners Begin Signaling Support for BIP 91
Jul19

Bitcoin Miners Begin Signaling Support for BIP 91

Recent reports indicate that several major Bitcoin mining operations have started to signal support for the BIP 91 option that would implement the SegWit2x scaling solution and perhaps avoid the BIP 148 User-Activated Soft Fork currently scheduled for August 1. BitFury, AntPool, and BitClub are among the miners now expressing support for BIP 91 by adding the necessary signal code to newly-generated Bitcoin blocks.

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OKEx Will Suspend Bitcoin Trades, in Preparation for Potential Fork
Jul17

OKEx Will Suspend Bitcoin Trades, in Preparation for Potential Fork

Late last week, GDAX announced its contingency plans to protect its customers’ Bitcoin holdings from risks that could arise due to the anticipated Bitcoin User Activate Soft Fork (UASF) on August 1, 2017. Now, OKCoin’s digital asset trading platform OKEx has detailed its own strategy for safeguarding its users’ funds as UASF draws nearer.

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Venezuelan Candidate Calls for Nation to Embrace Digital Currency
Jul16

Venezuelan Candidate Calls for Nation to Embrace Digital Currency

Since Early last year, the government of Venezuela has been engaged in an ongoing crackdown against Bitcoin and other digital currencies. Officials have arrested Bitcoin miners, confiscated equipment, and intimated websites that deal with cryptocurrency. If Jorge Dommar has his way, however, the government’s hostility to digital currency would end.

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GDAX Announces Contingency Plans for Bitcoin Soft Fork
Jul15

GDAX Announces Contingency Plans for Bitcoin Soft Fork

The GDAX digital currency exchange has announced its plans for addressing the anticipated implementation of the BIP 148 User Activated Soft Fork, or UASF, on August 1st. In a blog post published on Thursday, GDAX general manager Adam White explained why the exchange may be forced to temporarily halt all trading and withdrawals to protect its customer’s funds.

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Falcon Private Bank Now Offering Crypto Asset Management
Jul14

Falcon Private Bank Now Offering Crypto Asset Management

Swiss regulators have given Zurich-based Falcon Private Bank approval to provide its clients with Bitcoin asset management offerings. On Wednesday, the bank began offering customers the ability to trade Bitcoin using their cash deposits. Falcon has partnered with Swiss cryptocurrency broker Bitcoin Suisse, which will provide the bank with access to the digital currency.

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