Bitfinex cryptocurrency exchange has added support for native SegWit addresses in bech32 format. True, the option is available only when withdrawing bitcoins. We are excited to announce that Bitfinex now supports bitcoin withdrawals to bech32 addresses. Learn more about our latest update https://t.co/mktJui1TpP – Bitfinex (@bitfinex) October 29, 2019 Note, as of October 28, the share of SegWit transactions in the Bitcoin network was […]
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Cryptocurrencies lack trust so far to compete with fiat money. This opinion was expressed by Christian Gattiker-Ericsson, chief strategist of the Swiss banking group Julius Baer, in an interview with Arabian Business. He believes that the use of cryptocurrencies attractive to the general public has not yet been found, and the assets themselves are at the stage of natural selection. “We are still in this Darwinian selection process, […]
Russian Mining Company (RMC), created with the participation of Russian Internet Ombudsman Dmitry Marinichev, has placed equipment for cryptocurrency mining at the Nadvoitsky Aluminum Plant (NAZ) in Karelia. About this writes RBC. The plant is owned by Oleg Deripaska's Rusal company, and in 2018 it was mothballed due to sanctions imposed by the United States on the Russian Federation. In January 2019, sanctions were lifted from the enterprise. […]
The authorities of the largest city in South Africa, Johannesburg refused to satisfy the demands of hackers who broke into urban information systems and requested a ransom of 4 military-technical cooperation. Statement: Latest developments following Cyber Attack #COJSystemBreach ^ NS pic.twitter.com/ynvUmAUsFg – City of Joburg (@CityofJoburgZA) October 28, 2019 At Johannesburg City Hall, they stated that they themselves are able to recover all hacked systems and are not going to meet the requirements of hackers. […]
The Chinese province of Sichuan, which produces 70% of all bitcoins in the world, has all the opportunities for an even wider attraction of miners. This was reported by CoinDesk with reference to a statement by the former vice president of the China Securities Regulatory Commission, Yang Jiang. In his opinion, the excess of hydropower in Sichuan historically allows the region to effectively develop the mining business. “The main application of the blockchain in […]
Leading Chinese bank China Merchants Bank invested BitPie Bitcoin wallet. This was reported on Twitter by managing partner of Primitive Ventures Dovi Wang, who noted that this was the beginning of the nationalization of the crypto industry in China. All I can say is this to me it's a sign of begining of the nationalization of Bitcoin / Cryptocurrency related infra in mainland Eventually, all things can […]
The Binance cryptocurrency exchange was somewhat disingenuous when it announced that the placement of Stacks (STX), the native token of the Blockstack project, cost the latter nothing, writes The Block. According to documents that Blockstack submitted to the US Securities and Exchange Commission (SEC), the company paid Binance 833,333 STX (about $ 250,000) in advance. Moreover, the New York startup also agreed to annually pay the exchange such […]
Topco Associates, the largest US food wholesale company, will pilot test the Mastercard blockchain solution for supply chain tracking. According to a company press release, Topco is testing the Wholechain platform on the Provenance blockchain, developed by Envisible, a logistics firm. With its help, Topco intends to track the supply of meat and seafood. The Provenance solution is based on proprietary Mastercard technology and […]
In the framework of AMA (Ask Me Anything – “Ask what you want”), the head of the American company Coinbase Brian Armstrong noted that the growth of DeFi decentralized finance is becoming exponential. According to Armstrong and Coinbase Custody CEO Sam Mackingale, DeFi services are gaining in popularity despite the still-relevant Ethereum scaling problems. DeFi sector growth can be measured by the amount of ETH blocked in the ecosystem. […]
Ethereum developers have planned activation of Istanbul hard fork in the main network to block # 9 056 000. Miners will get it tentatively on December 4. In case of unforeseen circumstances, the hard fork will be postponed to January 8. At the same time, the developers believe that nothing should interfere with timely activation. They also approved the EIP 2124 upgrade, which allows users to determine which chain the majority supports. […]