BitPico has abandoned the SegWit2X implementation

One of the last supporters of SegWit2x hardfork now refuse to implement it 
13 November   453

The bitPico mining pool stated that it is refusing to implement the SegWit2X hardfork.

Last week, a group of SegWit2X supporters, including developer Jeff Garzick, BitGo head Mike Belsh and Cihan Wu of Bitmain, said that they were abandoning their plans because they did not see consensus within the community.

After a short time, a statement of a little-known bitPico mining pool appeared, claiming that it controls about 30% of the bitcoine hash and intends to implement it in any case.

However, as follows from a letter on the Linux Foundation, now this statement is also withdrawn.

We are backing out of the SegWit2x effort; the markets have spoken. People who like big blocks have Bitcoin Cash and people who like Layer-2 Networks, Compact Binary Transactions, UDP FEC Global LEO SAT coverage, encrypted TCP channels, experimenting and etc have Bitcoin. We are immediately reverting all SegWit2x specific changes in our codebase (2MB block size logic, DNS Seeds, segwit2x service flag, etc). Lastly; In the future we will be simply following the longest chain of work and doing more R&D instead because this working group has been nothing but a waste of time for everybody involved except the pump and dumpers and the inside traders. May the fork be with you...
 

BitPico Statement

 

Largest Nordic Bank Bans Employees' Bitcoin Trade

Employees who currently own cryptocurrencies will not be forced to sell them, but they will not be allowed to buy more
23 January   179

Nordea, the Nordic region’s biggest bank, said Monday it will ban its roughly 31,000 employees from trading cryptocurrencies as of February 28 due to the unregulated nature of the market and high risks. This is reported by Reuters.

The reason why employees are prohibited from investing in cryptocurrencies is that the risks are considered too high and the protection for both employees and the bank is insufficient.

 

Nordea said in a statement

The bank added that unlike trading of securities and currencies, trade of cryptocurrencies is not regulated by any authority, and as such investors who buy cryptocurrencies have no protection against illegal business practices and money laundering.

Employees who currently own cryptocurrencies will not be forced to sell them, but they will not be allowed to buy more, bank said.

In early December, we have reported that Merrill Lynch bank banned its customers and consultants who carry out transactions on their behalf to buy bitcoin through the Grayscale Investment Trust.