F2Pool and WEX withdraw support for SegWit2x

F2Pool and WEX exchange stop signaling for SegWit2x as Bitcoin Price surges past $5,200
13 October 2017   821

As the possible Bitcoin hardfork comes closer, more and more companies refuse to support it.

According to BitGo engineer, Jameson Lopp, Bitcoin mining pool F2Pool has stopped signalling for SegWit2x.

For now, F2Pool is the third largest mining pool which in its hash power is the second only to Antpool and BTC.top. Its share in the total network hashrate is about 13.19%. 

Bitcoin blocks by mining pool on coin.dance
Bitcoin blocks by mining pool on coin.dance

On top of that, the cryptocurrency platform WEX.nz also states that it will not support the Segwit2x and does not intend to introduce new trading pairs in case of its implementation

WEX.nz on SegWit2x
WEX.nz on SegWit2x 

Thus, the company argues that the management of the exchange considers the possible hardfork to be questionable both for trades and for the cryptocurrency system as a whole.
Though, WEX team details, the hardfork-thing will not interrupt the regular operating mode of the exchange and will not stop the trade.

SEC Suspends Trading in 3 Companies

On Friday The U.S. Securities and Exchange Commission temporarily suspended the trading of three companies as they made the purchase of cryptocurrency and blockchain-related assets
17 February 2018   126

According to the announcement, the trade of  Cherubim Investments, Inc., PDX Partners, Inc., and Victura Construction Group, Inc. will be suspended between 9:30 a.m. EST Friday and March 2. The notice was dated Feb. 15.

SEC stated that its trading suspension orders state that recent press releases issued by CHIT, PDXP, and VICT claimed that the companies acquired AAA-rated assets from a subsidiary of a private equity investor in cryptocurrency and blockchain technology, among other things.

The release also indicates additional reasons for the suspensions. The agency’s orders also say there are questions regarding the nature of the company's business operations. In case of CHIT, the Commission suspended trading in the securities because of its delinquency in filing annual and quarterly reports.

In August 2017, the SEC  issued a warning for investors about the companies that may publicly announce ICO or coin-related events to affect the price of the company’s common stock.

Fraudsters often try to use the lure of new and emerging technologies to convince potential victims to invest their money in scams. 

U.S. Securities and Exchange Commission