US Marshals to Sell 2170 BTCs

The price of sale is unknown, but their average market value was about $ 18.7 million
23 March 2018   855

The US Federal Marshals Service conducted another auction, during which 2,170.7 bitcoins were sold. As noted by the representative of the department, most of the lots, 2100 BTC, was bought by one of the participants, reports CoinDesk.

It is unknown on which rate bitcoins were sold, but at the time of publication, their average market value was about $ 18.7 million. In total, 42 buyers participated in the auction.

Recall, the auction was announced on March 6. As it was reported then, it was planned to auction 14 individual lots for the auction: two for 500 BTC, eleven for 100 BTC and one for 70 BTC.

The origin of most confiscated bitcoins is indicated on the official website of the department. Some coins are associated with the case of former US Secret Service agent Sean Bridges, who was sentenced to imprisonment for stealing bitcoins during the investigation of the DarkNet Market.

Kraken to Add Bech32 Support for BTC and QTUM

Bech32 format corresponds to addresses that support sending transactions using SegWit scaling technology
08 November 2018   181

The popular American cryptocurrency exchange Kraken announced the long-awaited integration of Bech32 addresses for Bitcoin and QTUM.

To date, Bech32 addresses have been integrated only for withdrawal operations. Bech32 addresses start with “bc1” and “qc1” for bitcoin and QTUM, respectively. Support for Bech32 addresses for depositing operations will be implemented soon, the company promises.

The Bech32 format corresponds to addresses that support sending transactions using SegWit scaling technology, activated in the Bitcoin blockchain about a year ago. According to the transactionfee.info portal, by now the share of SegWit transactions in the Bitcoin blockchain has again dropped to 42%, after being briefly close to 50%.

Earlier, the Kraken exchange stated that it supported the launch of SegWit in the bitcoin blockchain and uses the Bech32 format to make transfers in its internal systems, but refused to provide customers with access to such addresses until the technology is integrated into large wallets such as Bitcoin Core. Release of Bitcoin Core 0.16.0 with support for SegWit was held in February of this year.

Get more info on Bech32 at GitHub.