Trade Satoshi and Bitstamp to launch BCH

Trade Satoshi exchange has added Bitcoin Cash markets and Bitstamp exchange will launch Bitcoin Cash trading

14 November 2017 2646

Bitcoin Cash had several quite impressive days full of price fluctuations following the suspension of BTC hardfork SegWit2x, rising up unexpectedly, showing crazy gains and losts and even moving to the 2nd place in Coinmarketcap ranking for some time. It seems like BCH currency is gaining more and more popularity as more world-wide known exchanges are adding it to the markets.

On November 13, Bitcoin Cash made an announcement in the official twitter account that Bitstamp, Europe’s only regulated crypto exchange, and one of the oldest as well as biggest bitcoin exchanges, is going to offer Bitcoin Cash trading to the customers within weeks, namely in late November or early December.

Europe’s only regulated crypto exchange, and one of the oldest as well as biggest bitcoin exchange, is to launch Bitcoin Cash trading within weeks.

Read more: https://t.co/epCvtFVk4f pic.twitter.com/0pwlCy4K2h

— Bitcoin Cash (@BITCOlNCASH) 13 ноября 2017 г.

In the beginning of August, Bitstamp launched Ethereum and it is worth mentioning that initially Bitstamp was making plans to add support for Bitcoin Cash by the end of September 2017.

What is more, November 14 is marked by the announcement of UK-based trading platform for Bitcoin and altcoins Trade Satoshi which has added Bitcoin Cash markets.

Trade: https://t.co/eq94KIjN23 pic.twitter.com/EMH6KpGxuH

— Bitcoin Cash (@BITCOlNCASH) 13 ноября 2017 г.

Additionally, australian Living Room of Satoshi was the first major company which started letting its users pay bills with Bitcoin Cash in August 2017.

Bitcoin Cash network has been upgraded on November 13 with the fork which is aimed at improving the existing complexity algorithm and assumes, among other things, a predictable time for confirming transactions on the network.

By the time of the fork, the BCH rate had risen to $ 1436, and at the press-time Bitcoin Cash is traded at the price of $1246 and has a market capitalisation of $20,9 billion.

Bitcoin Bitcoin Cash Litecoin Blockchain

Dutch Authorities to Shut Down Bestmixer

The service is accused of launder over $200M worth crypto with coin "mixing" - spliting the amount and mixing it with other coins from different sources

23 May 2019 374

The Bitcoin mixing service Bestmixer was forced to cease operations after a nearly one-year investigation of money laundering charges. It is reported by Bleeping Computer.

Like other similar services, Bestmixer.io split the amount in bitcoins into smaller transactions and mixed them with transactions from other sources in order to hide their origin, and then transfers the entire amount minus the commission to the final address.

It also offered similar services with Litecoin and Bitcoin Cash.

The investigation believes that service customers could launder money through cryptocurrency.

Bestmixer offered a very clear page on why someone should mix their cryptocurrency. On this page Bestmixer described the current anti-money laundering policies and how its service could help evade these policies by making funds anonymous and untraceable. Offering such a service is considered illegal in many countries.

John Fokker

Head of Cyber Investigations, McAfee

Bestmixer was opened in May 2018. For the year of its existence, its turnover amounted to about 27,000 BTC (approximately $ 200 million). Fiscal Information and Investigation Service claims that a significant part of the funds passed through the mixer was obtained as a result of conducting illegal activities or was used to finance criminal gangs.

Policemen confiscated a domain and six servers in Luxembourg and the Netherlands. In addition, they got access to all transactions carried out using the service, cryptocurrency and IP-addresses, as well as messages from the chat. This information is currently transmitted to Europol.