Goldman Sachs Backed Firm Circle Acquires Poloniex
The leading cryptocurrency exchange Poloniex is being acquired by the crypto-focused financial-services firm Circle. Circle is backed by Goldman Sachs and other investors.
Watch Out for Crypto Scams on Twitter
There is a common crypto scam on Twitter where people pretend to be famous crypto people or entities and promise “free coins” if you send a coin to an address.
SegWit is Live on Coinbase/GDAX
Segwit is now live on Coinbase/GDAX. That means a giant burden is about to be taken off of Bitcoin’s blockchain. That means quicker transactions and lower fees for Bitcoin!
5 Tips for New Crypto Traders
Here are 5 tips for new cryptocurrency traders that will help avoid some pitfalls and traps beginners tend to fall into when they start investing in or trading cryptocurrency.
Waves’ Bitcoin Cash Airdrop Explained
The Waves platform is doing a Bitcoin Cash airdrop on February 22, 2018. To qualify for the airdrop, store Waves Community Tokens (WCT) on a waves wallet with the letters “B”, “C” and “H” in it.
Litecoin Cash Price Hits $5.50; That is $55 of LCC Per LTC Held
There was a lot of skepticism over the Litecoin Cash fork (LCC). However, the fork ended up being real and the price of LCC has already hit $5.50 netting Litecoin (LTC) holders $55 per LTC held. Even as I write this the price is rising.
Litecoin Cash FUD Sends Everyone into a Panic of Speculation
The Litecoin cash fork is slated to happen at block 1371111 (on February 18, 2018). There has been a lot of FUD and speculation, just like with any other fork.
Some Coinbase Customers Were Overcharged; Card Issuers and Coinbase Disagree on Cause
A Coinbase blog post confirmed rumors that some customers were overcharged for Coinbase purchases. Specifically, additional charges and/or refunds occurred when some customers purchased cryptocurrency with a credit or debit card.
Most Tax Filers Haven’t Reported Crypto Profits / Losses, But it’s Still Early
Preliminary reports show that only a small percentage of tax filers have reported cryptocurrency gains or losses. However, it is still early in the tax season.
Bitcoin Breaks $10k Again, as Most Alts Dip in BTC Values
Bitcoin (BTC) broke $10k after a long correction. However, this move came at the expense of alts. Alts are holding up in terms of fiat values, but they have been outpaced by BTC in the short term as regards BTC values.