MultiBit is no longer supported

"Light" bitcoin wallet MultiBit is shut down by KeepKey, owner company
31 July 2017   2012

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

The producer of hardware wallets KeepKey announced the termination of the development of the "light" Multibit wallet. This is reported by MultiBit blog.

KeepKey Technical Director, Ken Hodler, announced that KeepKey acquired Multibit in May 2016, marking the first merger and acquisition transaction since its inception in 2014. At the time of acquisition, Multibit developers announced that they will no longer work on the wallet and refuse to provide further support.

The reality is that Multibit is in need of a lot of work. It has stubborn bugs that have caused us and Multibit users much grief. Additionally, Bitcoin has gone through a fundamental change in regards to the way fees work. The addition of SegWit in the coming weeks will mean the Multibit software has fallen still further behind.

Ken Hodler
Technical director, KeepKey


Is the first decentralized peer-to-peer payment network that is powered by its users with no central authority or middlemen

He explained that KeepKey does not have the resources to solve existing problems or for a complete reconstruction of Multibit. The company will focus on developing its own KeepKey device to accelerate production and work on improving the hardware wallet. 

Boerse Stuttgart to Launch Crypto Trading Platform

SolarisBank has a license to provide banking services in Germany and will become the banking partner of the exchange
13 December 2018   82

In the second half of 2019, the second largest stock exchange in Germany, the Börse Stuttgart Group, with the support of fintech company solarisBank, will launch a platform for cryptocurrency trading.

The official press release notes that solarisBank has a license to provide banking services in Germany and will become the banking partner of the exchange.

At the initial stage, the platform will support Bitcoin and Ether, and in the future, various tokens that will produce its own ICO-service of the exchange and will also be available in secondary markets.

Access to the trading platform will be available to both retail and institutional traders, and it will differ little from the existing securities trading platform.

In addition, the Boerse Stuttgart Group is awaiting approval by the regulator for the launch of a multilateral trading platform for cryptocurrencies, which will allow to compare the applications of buyers and sellers using electronic systems.

In April of this year, Sowa Labs, the Fintech division of the Stuttgart Stock Exchange, reported on the work on the Bison application for cryptocurrency trading. Its launch was expected in September, but so far has not yet taken place.

SolarisBank is also a partner of the Bitwala blockchain-start-up, which on the eve announced the launch of its updated cryptocurrency service offering users a single bank account with support for Bitcoin and Fiat.