KIN, an ERC-20 by the company Kik, plans to fork and create its own blockchain. Assuming everything goes as planned, KIN holders will have KIN on the new blockchain in ratio to KIN held on the Ethereum blockchain.
No one knows for sure why Bitcoin dropped. It is likely technical, but I suspect part of the answer is related to the current Bitcoin Cash “hash and cash” wars.
BTC hit 2018 lows today, and at first it seemed the overarching 2018 triangle was breaking down. However, the triangle never really fully broke down in both USD and USDT.
The Bitcoin Cash fork is a little bit tricker to play than other forks. Here is a quick breakdown of risk vs. reward.
Vitalik Buterin described the upcoming Ethereum 2.0 scaling solution Serenity at Devcon 4. Serenity is a Proof-of-Stake chain that will be fully compatible with the existing Proof-of-Work chain. It could increase scalability of Ethereum by as much as 1000x (hopefully).
The Bitcoin Cash fork is on Nov 15 at 4:40pm UTC. The fork is expected to result in only two Bitcoin Cash tokens, Bitcoin ABC (BTCABC) and Bitcoin SV (BTCSV). Bitcoin Cash holders will get BTCABC and BTCSV, at a 1:1 ratio after the fork.
Poloniex is making a power play that is likely to up sign ups by allowing pre-fork trading for the Bitcoin Cash fork Bitcoin SV.
Bittrex is the latest to add its name to the list of exchanges supporting the Bitcoin Cash hard fork Bitcoin SV.
The SEC has charged the EtherDelta founder With operating an unregistered exchange. He settled and EtherDelta is up and running. However, this confirms DEXs need to file with the SEC.
Gavin Newsom, just elected governor of California in the US midterms, and Jared Polis, elected governor of Colorado, are both pro Bitcoin.
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