Ethereum delays its Constantinople upgrade
Problems for Ethereum continued as the much anticipated Hard Fork Constantinople upgrade was further delayed as a code audit by ChainSecuirty- a smart contract security audit firm found some serious security vulnerabilities to Ethereum smart contracts. The Core Development team took notice of the flaw, and on the following conference, they announced that the hard fork is now scheduled to occur on, or around, February 27th on block number 7,280,000.
NZ’s popular exchange Cryptopia gets hacked
Earlier this week, 2019 saw its first hack of a cryptocurrency exchange. New Zealand-based cryptocurrency exchange Cryptopia was reported to have suffered a security breach and went under unscheduled maintenance to assess the losses incurred. The team informed the community using its official Twitter handle which said that once the hack was identified by staff, the exchange informed and involved the appropriate government agencies including the NZ police and High Tech Crime Units who were actively investigating.
Bitmex ends services for US and Quebec customers
In face of a current crackdown on unlicensed crypto exchanges, Bitmex announced that it is in the process of closing down trading accounts of those in Quebec and United States. The mouthpiece, South China Post reported BitMEX was not registered with the Canadian regulatory body Autorité des marchés financiers (AMF) and is therefore not authorized to have activities in the province of Quebec making the company’s activities were illegal.
Exchange giant OKCOin lists Tron
Among major listings this week, Tron found itself on a new exchange, this time it was OKCoin. OKCoin customers would now be able to acquire Tron tokens by using USD, BTC, and ETH. OKCoin stated in their announcement that, Tron is one of the leading coins and has 1,423,377 holders and that it is one of the top 10 cryptocurrencies in the world by market capitalization.
Russia denies buying cryptocurrencies
Last week a newsflow from Russia stated that the country was moving towards adding bitcoin to its national reserves. But it seems it was all fake. Following the last week’s news, an official with the Russian State Duma. Elina Sidorenko who chairs the Duma’s cryptocurrency group said that the news was only a rumor and the nation currently has no such plans. According to her, the nation would need at least 30 years to implement this idea.
Indian Apex Court delays Crypto hearing again
The Indian apex court has again delayed the hearing of the cryptocurrency case. The case is being delayed for the past 6 months now as the largest democracy of the world still awaits a decision on the newest form of “money”. While things still look meek, according to sources close to the case a decision may come on February 26, 2019, as the crypto case is now listed as the first case to be heard on February 26, 2019
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