Update on the Bitcoin + Zclassic Fork Bitcoin Private
The Bitcoin Private snapshot occurred. The event had an unfortunate side effect of crashing the price of Zlcassic. However, the rest is good news.
News
Cryptocurrency news from around the world and beyond. We cover what happening with cryptocurrency today. We cover things like countries embracing or rejecting cryptos, price milestones for Bitcoin and Alts, new projects, upcoming forks, etc.
Craig Wright is Being Sued by the Kleiman Estate… for $10 Billion
So here is a crazy story. Craig Wright, who once claimed to be Satoshi (he might be), is being sued by the brother of a man who also might be Satoshi… for $10 Billion (representing 1.1 million Bitcoins).
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!
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.
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.
Ethereum Classic “Airdrop” (Callisto) Explained
There is a Callisto (CLO) airdrop planned for Ethereum Classic (ETC) holders. A snapshot will occur at block 5500000. Those who held ETC during the snapshot will get CLO coins at a 1:1 ratio during the airdrop.