In the course of a planned hard fork update, the bitcoin cash (BCH) network experienced difficulties processing transactions, cryptocurrency exchange BitMEX tweeted on May 15. Following the expected fork at block 582,680, the network purportedly began to experience issues with transactions. BitMEX said that the number of transactions per block was low — 0 in the last 9 blocks starting at block 582,687. Bitcoin cash transaction per block. Source: BitMEX According to data from CoinDance, the greatest number of blocks mined after the upgrade were only processing transactions on Coinbase. In the meantime, BitMEX revealed that their mempool had 1,622 …

This article has been updated to specify that SBI Holdings has made an announcement about the delisting of BCH, and not mentioned listing BSV. Japanese financial services giant SBI Holdings will delist bitcoin cash (BCH) from its virtual currency exchange in June 2019, Cointelegraph Japan reports on April 16. SBI Virtual Currencies has now officially announced its plans to delist bitcoin cash — a cryptocurrency created from a hard fork of bitcoin (BTC). Bitcoin cash is the first hard fork of the major cryptocurrency, created in August 2017. In turn, bitcoin SV is a hard fork version of bitcoin cash, …

Ethereum (ETH) core developers are considering implementing more frequent and smaller hard forks, according to the most recent bi-weekly meeting held on April 12. The question of time between hard forks — or network updates — was brought up by the meeting’s moderator, Tim Beiko, who referenced it as an ongoing topic of discussion. Another dev then began the discussion by referencing core developer Alexey Akhunov’s previously expressed position in favor of shorter periods between forks. To “check the temperature” of the devs’ position on hard fork timing, the dev asked if anyone on the call was “open to hard …

Cryptocurrency exchange HitBTC appealed to the specificity of its cryptography in an ongoing dispute with the team behind altcoin Bitcoin Private (BTCP). The post was published on HitBTC’s blog on Tuesday, March 26. The dispute involves HitBTC’s delisting of the altcoin, whose team then accused the exchange of fraud. HitBTC, currently ranked by CoinMarketCap as the world’s 15th largest exchange by adjusted daily trade volume, claims that the BTCP team had offered an “unsuitable” solution for moving its funds prior to a scheduled coinburn. In the recent blog post — titled “Explanation of the situation with BTCP” — the exchange …

On March 9, Monero (XMR) network was successfully upgraded via a hard fork. The new code curbed application-specific integrated circuit (ASIC)-powered mining with a new proof-of-work (PoW) algorithm. Additionally, new dynamic block size algorithm and improved privacy — which is considered to be Monero’s key feature — were introduced. Once the ASIC miners were taken out of the equation, the network’s hash rate dropped over 80 percent — which, however, might be positive for the cryptocurrency in the long term. Anonymity above all: Monero’s main principle Monero is a privacy coin, meaning that it is anonymous and untraceable by design. …

Bitcoin Private (BTCP) developers have accused cryptocurrency exchange HitBTC of acting in a fraudulent manner in regards to their delisting from the exchange following a planned coinburn. The accusations are portrayed in a letter written on Feb. 26 to the exchange by the Petros Law Group on behalf of the BTCP community, developers and contributors, and published by the Bitcoin Private Twitter profile on March 9. According to its authors, the letter — which was published the day BTCP was delisted from HitBTC — alleges that HitBTC attempted to extort BTCP following unresolved complications arising from the coinburn. According to …

Top Stories This Week Nasdaq Begins Listing Brave New Coin’s Bitcoin and Ethereum Price Indexes Nasdaq, the world’s second-largest stock exchange, began its live listing of two crypto price indexes from United States blockchain and crypto market data company Brave New Coin (BNC) this week. The listings, which had been announced earlier this month, are BNC’s Bitcoin Liquid Index (BLX) and Ethereum Liquid Index (ELX). According to the announcement, the indexes will show reference rates for the price of 1 BTC and 1 ETH, quoted in USD and refreshed every 30 seconds. Brave New Coin has also announced future plans …

Ethereum’s (ETH) core developers discussed the need for a new hard fork — or network upgrade — coordinator during a core developer meeting on March 1. As Cointelegraph reported in February, Afri Schoeden, release manager at Ethereum infrastructure firm Parity Technologies, has quit all Ethereum projects after a controversial tweet that sparked outrage on social media. His departure led to a conversation among the Ethereum core developers on Friday concerning the search for a new candidate for hard fork coordinator and the definition of the role, which would include some of the tasks that Schoeden used to perform. The Ethereum …

The Constantinople and St. Petersburg network upgrades for the world’s second largest cryptocurrency, Ethereum’s (ETH), occurred today Feb. 28, according to ethstats.net. Specifically, the updates went live on the main network at block 7,280,000, in accordance with previously released schedule. Although the upgrade has two names of two originally separated updates, they have subsequently been combined into one. Per Ethernodes.org, not all Ethereum users have adopted the updates. Only 22.3 percent of Geth and Parity clients are reportedly already running the Constantinople-compliant version. Constantinople is set to bring multiple efficiency improvements to the platform, including cheaper transaction fees for some …

Blockchain development platform and BitTorrent owner Tron will debut a host of upgrades via a hard fork at the end of the month, CEO Justin Sun confirmed on social media on Feb. 23. Tron, which presents itself as a competitor to Ethereum (ETH) for launching cryptocurrency tokens and other offerings, is preparing to increase its appeal to institutional users. According to Sun, the hard fork will deliver institution-handling capabilities, as well as other features such as multi-signature abilities and account management options. Tron’s TRX token appeared to react to the news when it surfaced last week, before a downturn in …

Ethereum’s (ETH) next two network upgrades, referred to as Constantinople and St. Petersburg, are scheduled to take place this week, according to an official Ethereum blog post on Feb. 22. More precisely, the updates are scheduled to happen at Ethereum’s block 7,280,000, which is expected to be mined on Feb. 28. Still, given the unpredictable nature of mining, the implementation could happen one or two days before or after the scheduled date, according to the announcement. The post explains that the upgrade has two names to represent two originally separate upgrades that have now been combined into one event. The …

Ethereum (ETH) co-founder Vitalik Buterin and other core devs have dismissed allegations that a new smart contract creation feature set to be released in the forthcoming Constantinople hard fork will have negative security implications. The discussion was held during a Ethereum core developer call on Feb. 15. The feature in question is called “Create2” — designated as Ethereum Improvement Proposal (EIP) EIP-1014 — and is intended to allow for interactions with a contract that does not yet exist on the blockchain — specifically, “addresses that do not exist yet on-chain but can be relied on to only possibly eventually contain …