Bitcoin Keeps Setting New Records after the concerning Hard Fork
Bitcoin has reached another all time high, hitting a little over of $4,400. Do we not care about Segwit anyone? Hardfork, what hardfork? According to CNBC, the bitcoin price has surged to a record high while global stocks have fallen due to worries about the North Korean nuclear threat.
There have been some discussions on reddit about Ethereum’s next protocol upgrade, dubbed “Metropolis.” The point made was that Ethereum rose 430% in the 35 days leading up to the last protocol upgrade (and current version, Homestead). Who cares? Well, we are about fourty days from the potential September 24th Metropolis release date.
Illegal Bitcoin Farming
Ukraine’s National Police arrested several suspects who were illegally producing Bitcoin at a recreation center out of a Ukrainian state institute. Police were able to find about 200 computers which had been set up in a unused swimming pool at the Paton Electric Welding Institute’s recreation center to mine bitcoins. The investigation became public on Aug. 8 after Kyiv’s Svyatoshinsky District Court published a court decision in the state register of court rulings.
In other news
According to Bitfinex’s official blog, the digital asset exchange is making service changes regarding their U.S. customers. As part of the changes, U.S. customers will no longer be able to trade Ethereum-based ICOs.
Bitcoin developer Jack Mallers has announced Zap on his Medium blog, which is a user interface for Bitcoin’s Lightning Network. In the post, Mallers included a short video of a minimum viable product.