Poloniex has been in the news for all the wrong reasons – disabling litecoin wallets, Zcash wallets, Bytecoin wallets; not participating in free Stellar Lumens campaign and even updating their terms on the hard fork day. Today, they have announced that they will be crediting all users who had their bitcoin in their account balance at the time of the fork with matching BCH. This will be done on August 14th 2017 or before.
Coinbase has announced that they will be adding support for Bitcoin Cash next year. At the time of hard fork, Coinbase initially said no to the bitcoin cash since they thought that would not be safely supported on the day it was launched and that is why they released a statement where it asked users to withdraw their bitcoin from coinbase and add it to the exchange where they would get the free bitcoin cash. Now, Coinbase has sent emails to its customers telling them they have examined the relevant issues and have decided to work on adding support for bitcoin cash for Coinbase users.
Indian Finance Ministry has been informed by their internal panel to stop and discourage the use of bitcoins and other crypto currencies in India. The panel justifies this step in order to prevent people from potential frauds, drugs and stop money laundering. This very panel was formed by the Indian Finance Ministry back in April to suggest how to deal with digital currencies in India.
Okex.com is a popular Chinese exchange but there are no clear instructions on how to withdraw BTC. A lot of people deposited their bitcoin on Okex for getting the free bitcoin cash but now are unable to find a way to withdraw BTC from Olex.com. For that, follow the instructions given below.
Poloniex has updated its terms and conditions and has added multitude of references for the forks. In the section V in Risk Disclosure Statement, Poloniex has added that “Blockchain networks may go offline as a result of bugs, hard forks, or a number of other unforeseeable reasons.”In addition to that, in Section XVI, the popular crypto currency exchange says,
Cryptonator, popular multi-currency wallet portal, has announced on their website that they would not be supporting the bitcoin cash, BCC. They say that there is no intention to support Bitcoin Cash fork immediately after the 1st of August as they have serious doubts if the Bitcoin Cash will survive or not. They add they have suspicions if bitcoin cash will boast any future market value.
Bitpanda which is a popular crypto currency exchange in Europe has announced that if blockchain split happens after August 1st, 2017, they would not support Bitcoin Cash. They added that they do not support the contentious hard fork attempts and hence won’t credit its users with BCC coins according to your Bitcoin balance. In the future, it may be possible, that they add BCC as a trading pair, although this is yet to be decided.
Popular crypto exchange Bittrex has issued statement about Bitcoin Cash. The company says that Bittrex will be monitoring this situation closely on whether to include Bitcoin Cash trading on their network on not. It will be closing deposits and withdrawals of bitcoin 24 hours prior to BCC UAHF time on August 1st 12:20pm UTC. That being said, trading will remain active during this time.
Stellar Labs are having a twitter war with Poloniex. It is about their ongoing program where they used to be giving free Lumens currency to people who already hold bitcoin. Under their scheme, users who hold bitcoin in kraken, BTC38, Poloniex, deribit, Bit-Z, NaoBTC and Yuanbag. Poloniex said that it was not clear to them why Stellar included their name on their website as participants in 6/27 giveaway. This was done without their consent and they did not agree to participate nor did they possess the Stellar Labs for this giveway.
