Uphold May Become Regulated Broker-Dealer

Uphold purchased the JNK Securities Corp, a member of the New York Stock Exchange
28 June 2018   368

The provider of mobile payment solutions Uphold announced the purchase of JNK Securities Corp, a member of the New York Stock Exchange, as well as the filing of an application to replace the owner of the organization in the Agency for Regulation of Financial Institutions (FINRA). This is stated in the official blog of Uphold.

If the application is approved, Uphold will be able to legally provide its users with the opportunity to trade shares and security-tokens. JNK Securities clients will also have access to all trading pairs of crypto currency / Fiat, supported by the platform.

This agreement furthers Uphold’s mission to enable people all over the world to hold any form of money, commodity, or utility tokens securely, and to be able to transact seamlessly. I’m excited to welcome JNK to the Uphold team and continue to create a trusted digital currency platform that gives our members secure and compliant access to digital and traditional currencies. 

Adrian Steckel

CEO, Uphold

The company is convinced that the activities under the supervision of the Securities and Exchange Commission (SEC) and FINRA will provide customers with reliable, transparent and secure access to digital assets. 

Bitcoin Cash Hardfork Implemented

Hardfork of a hardfork... just don't get confused in this crazy world of cryptocurrency
16 November 2018   81

Today, on November 15, a hardfork was implemented in the Bitcoin Cash (BCH) network. The first block in the Bitcoin ABC blockchain has mined a pool of Bitcoin.com.

The last “common block” was # 556,766, mined by SVPool. on which the protocol update was activated.

Bitcoin SV got its first block. Now we can definitely talk about the division of Bitcoin Cash into two competing blockchains. Roger Ver, right before the hardfork, said that his pool had sent a significant amount of power to mining Bitcoin ABC.

Bitfinex exchange announced the transfer of BAB and BSV coins to the accounts of BCH holders.

Poloniex converted all BCH balances into assets BCHABC and BCHSV. At the same time, the BCH market became unavailable. Instead, the BCHABC / BTC, BCHSV / BTC, BCHABC / USDC and BCHSV / USDC trading pairs appeared. I / O of BCHABC and BCHSV is not yet available, but will open when the network stabilizes.