Bitcoin developer released SegWit2x statement

Jimmy Song believes that the most of the SegWit2x related forecasts are incorrect
08 November 2017   1311

Jimmy Song, one of the Bitcoin developers published own thoughts on the upcoming Bitcoin hardfork, called SegWit2X. Let's look what he thinks.

I’m going to go through a few of the scenarios. Big caveat is that I don’t expect any of these scenarios to come to pass.

Jimmy Song

Bitcoin developer

On his opinion, the real situation is much more complicated. Next six month after the hardfork will decide Bitcoin's destiny, due to the fact that miners need some time in order to figure out, which coin is more profitable. 

A static, first order estimation of the current situation suggests that the current futures market price and current mining split is not stable economically. The people on different sides of the debate essentially stand on different sides of what will correct.

Jimmy Song

Bitcoin developer

Jimmy also promised to publish more thoughts in the nearest future.

Binance Android App to Support CC Payments

Additionally, crypto-fiat exchange Binance Singapore was launched
25 April 2019   61

Binance has updated the application for the Android OS. Now users can buy cryptocurrency using their credit cards.

In particular, the feature of buying Bitcoin, Ethereum, Ripple, Litecoin and Bitcoin Cash with your credit card is now available.

At the same time, the launch of the Binance Singapore crypto-fiat exchange took place. So far, only one trading pair is available to users of the site - BTC / SGD, but later in the listing other coins may appear.

Singapore users need not only to create an account, but also to link it to an account in the local Xfers payment service, which provides cryptowallet approved by local regulators.

It is noteworthy that earlier Xfers was a partner of Coinbase, when the latter launched its services in Singapore, but relations between the companies were terminated.