Category: Crypto News

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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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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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.

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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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Litecoin developer team has churned out release of 0.14.2 to the public. This is a major release that includes new features and of course, many bug fixes and performance improvements. All the users are requested to upgrade to this new version.

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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, 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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Bitpanda which is a popular crypto currency exchange in Europe has announced that if blockchain split happens after August 1^st, 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.

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Pivx has churned out its official mobile wallet for android devices. This will allow users to make mobile payments on the move. Pivx appears to be incredibly committed to their platform and have been fulfilling their promises one by one. There are already official Pivx wallets for windows, Mac, Linux and raspberry and people have been asking for mobile wallet from quite some time.

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New Bytecoin MacOS wallet is coming soon for Apple users which is a great news for the BCN platform. There has been lot of development going on which is a positive sign for the entire bytecoin community. The developer behind the Bytecoin MacOS wallet has posted a screenshot on their official reddit page.

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