Category: Crypto News

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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BuyUCoin is Scam Website: BuyUCoin Review

BuyUCoin Review

Crypto currency market is going upright spiral in terms of popularity and this has attracted attention of plethora of scammers and thieves that like making money by cheating. One such website called buyucoin.com has cropped up in Noida, India. A quick Google search reveals that the area is brimming with scammers and thieves. Buyucoin claims to be market leader in India which is quite funny since it is behaving like localbitcoins, unocoin and plenty of other startups do not exist. This is a major red flag telling you not to give a single cent to the people at Buyucoin.

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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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Bytecoin has new blockchain: Download official Bytecoin blockchain

Download official Bytecoin blockchain

Bytecoin has released a new official blockchain which is a welcome addition for the wallet users. All you have to do is download the bytecoin for your system from here and then download and install the entire blockchain in one go by following steps given below. Until there is no official bytecoin wallet with web node, this is a good choice. Bytecoin wallet is available for Windows, Mac OSX and Linux.

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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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Cryptonator will not support Bitcoin Cash: No BCC support on Cryptonator

cryptonator bitcoin cash

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.

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