Microsoft to Accept Bitcoin Cash

At the moment, feature is available only for the US customers
14 March 2018   1124

IT Microsoft began accepting payments in the Bitcoin Cash crypto currency for games, Xbox consoles, applications and other products presented in the Microsoft Store. This is reported by TrustNodes

Bitcoin Cash at Microsoft
Bitcoin Cash at Microsoft

Currently, the option is available only to customers in the US.

You can now use Bitcoin Cash to INSTANTLY add credit to your Microsoft account!!! I selected Redeem Bitcoin, chose Bitcoin Cash, and used the Copay wallet on my phone to scan the QR code on my laptop, and send the payment.

The payment was received INSTANTLY and immediately added the $10 credit to my Microsoft account.
 

Casher at Reddit

In January, Microsoft announced that it would no longer work with Bitcoin due to high fees, but payment processing BitPay, processing crypto-currency transfers of the company, could convince it, apparently suggesting as an alternative Bitcoin Cash.

Recently, Bitcoin Cash support has been activated for 100,000+ BitPay clients.

Merchants who decided to accept payment through Bitpay can receive funds for their own crypto-currency wallets or automatically transfer them to dollars. BitPay does not specify which preference is given to which option. The last time official data was published in 2014. Then, 5,000 customers agreed to receive crypto currency without conversion to Fiat.

UnitedCorp to File Lawsuit Due to "BCH Manipulations"

Suit is filed against Roger Ver, Kraken and Bitmain
07 December 2018   159

The technology company United American Corp (UnitedCorp) sued Bitmain, Kraken, Bitcoin.com, Roger Ver, and others involved in a “well-planned scheme to take control of the Bitcoin Cash network.” This is reported on the website of the corporation.

Representatives of UnitedCorp argue that the actions of the defendants caused the "global capitalization meltdown of the Bitcoin Cash." These actions, the company believes, were aimed at enriching the above market participants to the detriment of others.

The company’s website also contains a diagram of the actions of the above market participants:

Bitcoin Cash Manipulation Scheme by UnitedCorp
Bitcoin Cash Manipulation Scheme by UnitedCorp

The events described are related to the recent hardfork of Bitcoin Cash, as a result of which the network of this cryptocurrency split into two competing chains. After hardfork, according to UnitedCorp, the companies and individuals in the lawsuit took control of Bitcoin Cash.

We are bringing this suit on behalf of UnitedCorp because we believe strongly in the value and integrity of democratic, distributed and decentralized blockchain networks which will become more important with time. In order to maintain confidence in cryptocurrencies such as Bitcoin Cash, no person or entity can be allowed to control them.
 

Benoit Laliberte

President, UnitedCorp

At the same time, the company is convinced that these actions were aimed at centralizing the BCH network. Also, UnitedCorp claims that on November 20, the Bitcoin ABC development team introduced the “poison pill” into the blockchain. It was presented as “Deep Reorg Prevention”. These actions, confident in the company, were, in fact, aimed at strengthening control over the network and its future updates.

UnitedCorp requires a court order prohibiting defendants from engaging in future activities that harm the Bitcoin Cash network. In addition, the company intends to receive compensation for damages, the amount of which will be established in court.

It should be noted that Bitcoin SV, a cryptoactive asset that emerged as a result of hard forks, came in fifth in the CoinMarketCap market capitalization rating.

The rate of Bitcoin SV is growing despite the general decline in the market. Over the past 24 hours, the price of BSV has increased by 21%, and the asset capitalization has approached $ 2 billion.

At the same time, the main competitor of BSV - Bitcoin Cash - has fallen by 16.5% in the last 24 hours, having consolidated on the 7th line of the rating.