Coinbase doesn't support UAHF

One of the biggest Bitcoin related company released official statementon potential Bitcoin hard fork
20 July 2017   2190

First decentralized peer-to-peer payment network that is powered by its users with no central authority or middlemen.

Coinbase, one of the biggest Bitcoin related company, recently announced that it will not support the UAHF hadrfork, which leads to block enlarge. According to the official statement, the company will not support either a new block or associated coin, as they will be incompatible with the current version of bitcoin.

Due to this, the company recommends that customers who want to have access to a coin of new blockchain, withdraw their funds from Coinbase purse until July 31.

Also, Coinbase posted separate notice regarding possible hardfork.


Distributed database that is used to maintain a continuously growing list of records, called blocks.

Information in it recalls that the UAHF, including BitcoinABC, is designed to change the bitcoin protocol by creating a new version of software that will run on its own blockchain.

Due to the incompatibility of the two versions of the blockchain, Coinbase notes that all users' bankrolls will be available only on the current version, and no conversion of BTC and UAHF coins will be made.

In its statement, Coinbase also talks about user-activated softfork (UASF). This proposal, although it offers a modification to the bitcoin protocol, adds new features, such as Segregated Witness, and will continue to use the current version of the blockchain.

SEC to Start VanEck-SolidX BTC-ETF Consideration

Starting today, the 45-day countdown to the SEC initial decision was launched
20 February 2019   105

For the first time since August of last year, two proposals on the creation of a Bitcoin-ETF are under consideration by the US Securities and Exchange Commission (SEC).

The application of VanEck and SolidX, issued in cooperation with the Cboe BZX exchange, as expected, was included in the Federal Register issue this Wednesday, with which the 45-day countdown to the SEC initial decision was launched. The application of Bitwise Asset Management and NYSE Arca was published last week.

I … hope that our investment in regulatory and market education, hard work and commitment will be honored when the time comes.

Gabor Gurbacs

Director of digital asset strategy, VanEck

The head of Bitwise’s research department, Matt Hogan, believes that not only firms that have submitted bids to create Bitcoin-ETFs are looking for approvals, but and the entire “extremely fast-growing” crypto industry.

A year ago there was maybe one qualified crypto custodian … and now there are half-a-dozen, and that number will go up from here. A little more than year ago, we didn’t have futures. A year ago we didn’t have nearly as many firms making markets. A few months ago, you didn’t have folks like Fidelity announced in the space. It’s evolving really, really quickly.

Matt Hougan

Global head of research, Bitwise

 As reported, ultimately, however, a bitcoin ETF approval will depend on how companies approach their proposals.