SegWit2x still possible? (part 2)

Yobit exchange will launch the SegWit2x futures trading before the date of possible (or impossible?) hardfork
14 November 2017   1690

The hype around the hardfork does not stop. YoBit cryptocurrency exchange launches the SegWit2x futures trading before the date of possible (or impossible?) hardfork.

Yobit will apply the same scheme as in the case of Bitcoin Gold tokens. The exchange will freeze the input and output of bitcoins from the users' accounts, and after that they will calculate the preliminary volume of the SegWit2x split-tokens. This scheme has much in common with futures trading.

On the exchange's website, a countdown appeared.

YoBit website
YoBit website

The fact that the exchange opens trades with these tokens gives reason to expect that despite the announcement of the leaders of the movement, SegWit2x will still take place.

What is Yobit?

YoBit is a cryptocurrency exchange with not really much public information. 

Yobit. net is a cryptocurrency exchange platform that unites major market players. Yobit.net always supports cooperation with the most popular world cryptocurrencies and provides the possibility to gain profit at electronic money exchange transactions.
 

Official Yobit FAQ

According to World Coin Index, Yobit is at the 26th place in cryptocurrency exchange ranking by 24h volume ($ 21,610,664).

Unfortunatelly, we have detected a lot of negative feedbacks regarding the Yobit exchange. Thus, at CryptoCompare has a 1.8 / 5 star ranking and a lot of interesting comments.

Total scam. Can't withdraw. Crazy fees. Support sux. Crappy xchange. Do not get in!
 

User with battleseal nickname

 

Miners Arrested in 2 Chinese Cities For Power Theft

Six people were detained in Tianjin and two in Wuhan
25 April 2018   91

Bitcoin miners were arrested in two Chinese cities on charges of stealing electricity. This is reported by CoinDesk.

In the first case, 6 people were detained in Tianjin. The suspects used 600 devices for mining bitcoins that were connected to a local substation. The police claim that the connection was made bypassing the counters.

The investigation was initiated after one of the electric power companies discovered a discrepancy between the actual and claimed consumption of electricity.

The police seized all equipment for mining, as well as 8 powerful fans.

Events are taking place while China continues to play a dominant role in the mining of bitcoin, despite the pressure on the cryptocurrencies. As Xinhua notes, this case of electricity theft turned out to be the largest in recent years.

According to another report, which appeared today on the website of the Supreme Prosecutor of China, two more suspects were detained in Wuhan. They also stole electricity.

The detainees used empty stores since March 2017 to house miners and did not pay for electricity, as did the defendants from Tianjin.