Folks at ZcashCo have finally issued an official statement on the whole Poloniex situation. Poloniex is second largest crypto currency exchange and they had disabled Zcash withdrawals and deposits due to wallet issues. When one opens the page for ZEC / BTC trading, a yellow warning banner with following text is shown.

ZEC is currently under maintenance or experiencing wallet/network issues. Deposits and withdrawals will remain disabled until a solution is found, which may require an update from the ZEC team. Any updates must be tested and audited before enabling.

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A new contract trading website called Libertex has been launched with support for both bitcoin and litecoin. This allows one to stake on either buying or selling of the crypto currencies. Andew Nikolaev who is the business development manager of Libertex said,

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Cryptobuyer is a latin American cryto currency startup that has now become the first company to install bitcoin ATM inside a commercial bank. Jorge Luis Farias is the CEO of the company who has played integral part in joining hands with popular South American banks in setting up physical ATMs inside banks. Right now, cryptobuyer has installed two of these.

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Darknet criminals known as “All Base service” are demanding bitcoin fee to stop spamming. The company specializes in sending out spam email campaigns for a bitcoin fee. Spam services are getting increasingly popular in which the recipients get lot of spam emails and later the “All base service” ask for an amount in crypto currency to get them removed from their hit list.

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Solidity, a popular contract oriented programming language has just received an update. It includes bugfixes that fixes many trivial yet annoying bugs that popped up on 0.4.12 version. The developers have also depreciated some old features in order to prepare for 0.5.0. The most notable is the remove of throw() and some people on twitter said that were emotional about its removal – in a good way, of course.

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Last few days have been great for the Litecoin users. The Litecoin broke its all-time high yesterday and showed strong growth today as well. The price increased did not because of any hype but by all the positive news surrounding litecoin crypto currency.

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Vitalik recently defended Ethereum on bitcoin’s reddit page where the CTO of blockstream said that the long term value of Ethereum is still around zero. The thread was brimming with hateredness from both bitcoin and ethereum fans but when Vitalik Buterin stepped in, everyone was surprised.

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A Lativian automobile company called Dartz has churned out a new Black Alligator SUV at the Gumball 2017 3000 rally. The company says their car will be offered to those who can buy it using bitcoin or ethereum. We hope that the acceptance of bitcoin and ethereum will be more than just a mere sales gimmick.

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Ronnie Moas who is a Standpoint Research founder has predeicted that the bitcoin price will climb to 5000 dollars in next year and then will hit 25000-50000 within 10 years. This means that the bitcoin price will double in 2018 and then show multifold increase every other year.

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