Nov 30, 2020 at 10:57 p.m.UTC Updated Nov 30, 2020 at 11:21 p.m.UTC Coinbase Reports Delays in Processing Bitcoin Withdrawals Due to Network Congestion
Leading cryptocurrency exchange Coinbase, on a day when the price of bitcoin (BTC) surpassed its all-time high, said it is experiencing delays processing BTC withdrawals due to Bitcoin network congestion.Deposits, buys and sells are not impacted, the exchange said.Coinbase has suffered a number of issues – mainly outages – during busy trading periods this year including most recently on Nov.
26.
The most recent issue comes as BTC eclipsed its all-time high of $19,783 Monday morning en route to setting a new record of $19,864 before giving back some of those gains, trading at $19,478.89, up 6.90% at press time.
This story is developing and will be updated when more information is known.Share this: Hong Kong Stock Exchange: Existing Laws Should Apply to Blockchain The Hong Kong Stock Exchange (HKEX) has proposed that fintech firms, including those focused on blockchain and cryptocurrency, are best regulated under existing financial regulations.In a research report published Oct.18, the HKEX’s Chief China Economist’s Office and Innovation Lab looked primarily at the potential of blockchain and AI within areas of finance, providing an… Tim Draper Invests $1.25 Million in Bitcoin Payments Processor OpenNode news U.S.-based venture capitalist Tim Draper has invested $1.25 million in OpenNode, a bitcoin-only payments processing startup.Announcing the seed round on Tuesday, OpenNode told CoinDesk that the raised funds will be used to expand its team and beef up its legal and compliance efforts.The firm claims to process “instant” and “risk-free” bitcoin payments… Open Positions in Deribit’s Ether Options Hit Record High Above $500M Ether option contracts listed on Deribit, the largest crypto options exchange, are more popular than ever.
This is possibly due to yield farming, the act of putting crypto holdings to work on decentralized applications to earn more crypto.Options open interest, or contracts traded but not liquidated by an offsetting trade, rose to a record… HTC Opens Pre-Orders for Blockchain Phone, Payable Only in Crypto A decade after launching its first Android device, global consumer tech giant HTC is officially releasing its first blockchain-enabled phone.The early-access version of the HTC Exodus is now available for pre-order, the company announced Tuesday, and must be purchased with cryptocurrency.Dubbed the EXODUS 1, the device can only be bought using bitcoin or… Bitstamp Hires Ex-Coinbase Trading Head to Court Wall Street Money news Bitstamp, one of the longest-running cryptocurrency exchanges, has hired a former Coinbase executive and Wall Street veteran as its new head of U.S.
operations.Announced Wednesday, Hunter Merghart joined Bitstamp six months after quitting his job as the head of trading at San Francisco-based Coinbase in October.He will lead the opening of the Luxembourg-based exchange’s… Chainlink Integration Brings Data Feeds to Binance’s DeFi Project Jul 23, 2020 at 12:00 UTC(Shutterstock/Modified by CoinDesk)Chainlink Integration Brings Data Feeds to Binance’s DeFi ProjectSmart Contract (BSC) platform with data provider Chainlink, according to a blog post shared with CoinDesk.The collaboration was announced Thursday.The integration highlights Binance’s intention to create an alternate platform for Ethereum dapps, particularly aimed at the currently popular… Privacy Crypto Zcash Goes Live With ‘Sapling’ Network Hard Fork NEWS Oct 29, 2018 at 17:00 UTC The privacy-focused cryptocurrency zcash has officially implemented its network hard fork, known as Sapling.
Activated on schedule at block 419,200, Sapling has long been planned as an upgrade aimed at making the network faster, lighter and more secure.On Sunday, the Zerocoin Electric Coin Company’s Elise Hadmon wrote that… Ethereum’s Istanbul Upgrade Arrives Early, Causes Testnet Split news Ethereum test network Ropsten has forked into two separate chains following the activation of system-wide upgrade Istanbul.“It appears there are two different chains mining the Ropsten test network.
There are miners mining on the old [Ropsten] chain and miners mining the new one,” explained Ethereum Foundation community manager Hudson Jameson, adding in a… First Mover: ‘Blue Wave’ in US Senate Could Mean Flood of Stimulus for Bitcoin Oct 19, 2020 at 12:53 UTCUpdated Oct 19, 2020 at 13:38 UTCWall Street analysts say a Democratic takeover of the U.S.Senate in a “blue wave” could mean looser fiscal policy.(Katsushika Hokusai/Metropolitan Museum of Art, modified by CoinDesk)First Mover: ‘Blue Wave’ in US Senate Could Mean Flood of Stimulus for BitcoinBitcoin was lower, tracking… Leave a Reply You must be logged in to post a comment.Search Submit Recent Posts.
