Category: Bitcoin News

Coinbase supports Bitcoin Segwit2x, rejects Bitcoin Gold

Coinbase Bitcoin Segwit2x bitcoin gold

Coinbase, the most popular bitcoin exchange in USA has issued a statement about the upcoming bitcoin forks, Segwit2x (Bitcoin2x) and Bitcoin Gold (BTG). Segwit2x fork date is November 16th 2017 while the Bitcoin Gold fork occurred on October 23rd 2017. Due to lack of information about Bitcoin Gold, Coinbase has decided not to support it so you won’t get free BTG for your bitcoins. However, you will get free Bitcoin2x coins for the upcoming Segwit2x fork.

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ICO ban coming to Japan? Japan ICO ban could be devastating for startup companies

japan ico ban

Japan is responsible for 63 percent of total bitcoin trading. It is also home to lot of companies that do ICO but rumors are brewing that Japan could be next big country to ban ICO (initial coin offering). Company launches an ICO to raise funds from the public and it is touted as the best method to raise funds from the potential investors. Japan was the first country to support bitcoin as legal tender but the country is signaling to follow a different approach for ICOs.

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How to Buy Bitcoin with Credit Card on CEX.IO

Anyone interested in buying Bitcoin or any other cryptocurrency might have stumbled upon dozens of similar guides. In practice, buying bitcoins can be a confusing process. There are so many questions before you can even get started: Where can you buy bitcoins? Is it legal? Is it safe? Where can you get a good price? And many more. Sounds familiar, doesn’t it?

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Banned ICOs: ICOs under investigation by China – Chinese Government banned these ICOs

ICO list banned by China

Chinese government has released a list of whopping 60 ICOs that will be put up for investigation and monitoring. The letter issued by the government was sent to Chinese province of Fujian on September 2nd 2017 and it mentions issuing guidance to local government of Fujian. It demands report on ICOs, trading and exchange websites by September 4th 2017 which has already passed.

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Purse.io Bitcoin Cash Update: Purse users getting bitcoin cash in 30 days

Purse.io has announced on their website that they will be offering its Purse.io users a way to get hold of the free bitcoin cash that created after the hard fork of bitcoin network on August 1st 2017. Since the private keys were not available for download from the purse’s wallet, users were forced to forward their funds elsewhere where they could squeeze out bitcoin cash. However, if you did not pull out your funds prior to the bitcoin’s hard fork, you will not get the bitcoin cash.

Purse.io Bitcoin Cash Update

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Poloniex Bitcoin Cash Update–Free bitcoin cash to Poloniex Bitcoin holders

poloniex bitcoin cash

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.

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Bitcoin Cash support on Coinbase coming next year

coinbase bitcoin cash

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.

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Bitcoin in India Banned: Is Bitcoin in India legal? Panel tells Indian Government to Ban Bitcoin in India

Bitcoin in India Ban

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.

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Poloniex to stop trading during hard fork, updates terms

Poloniex to stop trading during hard fork

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,

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