Gemini Exchange Announces Full Adoption of the SegWit Protocol

Per an official announcement, the cryptocurrency exchange Gemini Trust has confirmed full integration of Segregated Witness (SegWit) addresses to its wallet infrastructure. Gemini hopes its users will benefit from improved processing times and lower bitcoin withdrawal fees. “We believe SegWit will become the standard, and in doing so, will create extensive benefits for all participants […]

Bitstamp Receives New York BitLicense

Bitstamp Receives New York BitLicense Another digital asset platform has received approval to do business in New York. Bitstamp, one of the largest crypto exchange platforms in Europe, has been granted a virtual currency license from the New York State Department of Financial Services (NYSDFS). The exchange became the 19th firm approved to offer […]

Bitfinex Scraps Its $10,000 Minimum Balance Rule

Bitfinex Scraps Its ,000 Minimum Balance Rule Bitfinex is now open to every trader as the Hong Kong-based cryptocurrency exchange has removed its $10,000 minimum balance rule. Citing a rising demand from retail traders who couldn’t trade on the platform due to the requirement, Bitfinex CEO Jean-Louis van der Velde said the platform is […]

Bitrefill Adds Thor Turbo to Speed Lightning Connections

Bitrefill Adds Thor Turbo to Speed Lightning Connections The crypto payment platform Bitrefill has announced an upgrade to its Thor service. The upgrade is dubbed “Thor Turbo,” and its expected to speed up the process of connecting to Bitrefill’s Lightning node, according to a press release sent to Bitcoin Magazine. Bitrefill launched the Thor […]

LocalBitcoins, Once a Go-To for Anonymous Bitcoin Transactions, Adds KYC

LocalBitcoins, Once a Go-To for Anonymous Bitcoin Transactions, Adds KYC The Finland-based, peer-to-peer cryptocurrency trading platform LocalBitcoins released a statement on March 25, 2019, responding to a new act approved by the Finnish Parliament that will require users to verify their identities. This marks a major change for the service, which had been a […]

Singapore’s DragonEx Reports Hack, Releases Suspected Wallet Addresses

Singapore’s DragonEx Reports Hack, Releases Suspected Wallet Addresses The Singapore-based cryptocurrency exchange DragonEx has announced a security breach to its users via its official Telegram channel. In the message, a company administrator revealed that the hackers stole assets belonging to both the exchange and its users. Per the message from the admin, the attack […]

Samourai Wallet Adds Tor Integration in Privacy Push

Samourai Wallet Adds Tor Integration in Privacy Push Samourai Wallet announced this month that its latest update supports Tor integration, offering additional privacy for users. What Does Tor Integration Enable? In a conversation with Bitcoin Magazine, Samourai’s lead developer, who is known simply as “TD,” gave a rundown of the Tor integration. He explained […]

U.K. Brexit Deal Beamed Into Space Through Blockstream’s Satellite Messaging App

U.K. Brexit Deal Beamed Into Space Through Blockstream’s Satellite Messaging App Earlier this month, blockchain startup Blockstream announced that its satellite messaging application programming interface (API) was launching on Bitcoin’s mainnet. Now, one enterprising bitcoiner has used this platform to beam the U.K.’s proposed Brexit deal into space. The application allows users to beam […]