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Bitcoin Exchange Bitfinex Gives US Customers the Boot Blaming Regulations

Cryptocurrency exchange Bitfinex has confirmed it will block all US customers from November 9 as regulatory uncertainty bites.In its latest blog post Monday, Bitfinex, which already prohibits US users from becoming verified on its platform, said they should now remove all hosted tokens.“U.S. customers are already barred from receiving financing from other users on Bitfinex’s peer-to-peer finan

PNC Bank Threatens to Close Customer’s Account for Buying Bitcoin

Featured The PNC bank recently threatened one of their customers for purchasing bitcoin. The bank wanted to shut down the customer’s account. This has been a story floating around the internet the last few days. The victim was Elitoohey. He elaborated on the situation in a Reddit post, saying the bank started by asking him questions about

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Coinbase Rolls Out Instant US Bitcoin Buys Thanks to ‘Proprietary Fraud Prevention’

Coinbase has removed a major hurdle for US customers purchasing Bitcoin via bank transfer, cutting the waiting period from 3-5 days to “instantly.”A blog post from the major exchange and wallet provider Thursday announced the upgrade, which removes the exposure to Bitcoin price fluctuations for customers waiting for bank transfers to clear.Excited to announce instant digital currency purchases

$6k Bitcoin Price Almost Comes True as Forks Flounder, Investors Hold

Bitcoin has posted further all-time highs of almost $5800 after climbing $1000 in 24 hours.Beginning Thursday, a price surge gained momentum to take the Bitcoin BTC chain over $5000 for the second time in history.When resistance came at $5200, prices remained above the significant boundary before continuing to new heights never before seen. BTC posted a new high of $5798 in the early hours of Frid

Cryptomania? Hardware Wallet Makes No.8 On Amazon Bestseller List

Cryptocurrency hardware wallet Ledger Nano S has made the top ten bestselling items in Amazon’s computers and accessories department. The wallet, costs just under $80 on Amazon.com, currently stands at number 8 in the retail giant’s listings.Ledger beats major rivals such as Trezor and KeepKey, which came in at 133 and 231 in the rankings respectively.The findings caught the attention of the c

Bitcoin.org Operators Aim to ‘Denounce’ Segwit2x Participants

News On October 6, 2017, the web portal Bitcoin.org announced it was “denouncing” the Segwit2x hard fork and companies involved with the project. The site plans to publish a banner on every page of the website explaining the “risks of using services” that are associated with the November 2MB fork and development team.Also read: Markets U

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2x or NO2X: Why Some Want to Hard Fork Bitcoin — and Why Others Do Not

NO to more security tradeoffsSegWit2x opponents generally agree that increasing Bitcoin’s block size comes with a number of tradeoffs.For one, bigger blocks increase resource requirements for operating a full node, such as more bandwidth use, longer sync time for new nodes and more. This increases the cost for individual users to partake in the network in a trustless and therefore optimally secu

Bitcoin Software Wars: Segwit2x Node Masking and Opt-in Replay Protection Merged

Technology This week, the Segwit2x development team merged a controversial implementation into the project’s Github repository that masks BTC1 nodes from 0.15 version Core nodes. Additionally, the project added opt-in replay protection for Segwit2x transactions.Also read: Switzerland’s FINMA Eyes Crypto ValleyCore Supporters Are Upset About

Goldman Sachs Contemplates Creating a New Bitcoin Trading Operation

Finance Sources close to the American multinational finance company, Goldman Sachs, has revealed the firm is looking into creating a new trading operation that deals with bitcoin.Also read: Hedge Funds Are Quietly Investing in BitcoinGoldman Sachs May Enter the Cryptocurrency Trading ArenaThe Manhattan-based financial management service, Goldman

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Coinbase SegWit2x Silence Sparks Charlie Lee Forecast, User Petition

Coinbase former engineering director Charlie Lee has forecast how it will handle the SegWit2x hard fork as users sign a petition.In Reddit posts Monday, Lee, who left Coinbase to focus on his Litecoin development commitments, explained how he “thought” the hard fork would occur in response to being asked “multiple times” for his opinion.“Because this 2x hardfork

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