Coinbase Reports Delays in Processing Bitcoin Withdrawals Due to Network Cong...

While these issues affect centralized exchanges, peer-to-peer trading continues to soar. It appears as if Chinese bitcoin exchanges are dealing with more withdrawal delays right now. A recent post on Reddit shows an email sent out by BTCC explaining they are upgrading their verification system. Bitcoin and Litecoin withdrawals have been suspended until March 15. That is quite surprising, although it highlights a bigger problem for the exchange. Changing from a 10-day delay to a full month is rather disconcerting. Most people are aware of how BTCC imposed a 10-day delay on cryptocurrency....

Coinbase users saw a frustrating Wednesday this week after outbound bitcoin transactions experienced delays while not registering on the blockchain. A Coinbase log revealed that the issue was identified early Wednesday, around 01:40 PDT. “We have identified an issue with slow BTC outbound transactions and are working towards resolution,” the log read. The San Francisco-based bitcoin exchange and wallet provider issued an update a little over three hours later at 04:52 PDT, stating: Outgoing transactions are not being pushed to the Bitcoin network. We are still working on resolving this....

Crypto exchange FTX has begun processing withdrawals, according to reports from users and the crypto community. A few minutes ago, the crypto trading venue CEO, Sam Bankman-Fried, Related Reading: After Breaking Up With EA, FIFA Has Announced 4 New Blockchain Games Data from Arkam Intelligence indicates that at least $2,6 million left the platform in […]

As Ethereum continues to suffer from spam attacks upon the execution of its new Geth release “Come at me Bro,” ShapeShift CEO Erik Voorhees reassures users that it only makes the network stronger. Amid the transaction spam attack earlier last week, exchanges and wallet platforms experienced various delays in processing ETH deposits and withdrawals. While users and traders are experiencing delays, Erik Voorhees says that in dealing with spam, the Ethereum development team is building more robust and innovative security measures. Voorhees says: “Every time someone attacks a Blockchain....

Notorious dark web marketplace Evolution has vanished amid reports that its administrators have absconded with more than $12m in bitcoin. Accessible only via the Tor network, the market had become the go-to online drug bazaar following the shut down of Silk Road and Operation Onymous, a pan-agency crackdown on illicit markets that seized over 400 domains in November. Members of the darkweb community expressed concerns about Evolution's moderators - operating under the handles 'Kimble' and 'Verto' - who were delayed responding to and processing withdrawal requests. Reddit's Evolution....