Binance to List Additional Trading Pairs for Bitcoin Cash and Bitcoin SV

Binance, the world’s leading crypto exchange, announced Monday that it will be adding new trading pairs for both Bitcoin Cash (BCH) and Bitcoin SV …
via QuoteInspector.com

Binance, the world’s leading crypto exchange, announced Monday that it will be adding new trading pairs for both Bitcoin Cash (BCH) and Bitcoin SV (BSV) this week.

#Binance Will Add Additional Trading Pairs for BCHABC and BCHSVhttps://t.co/68aHoHa3l9pic.twitter.com/3Jh1GwKP6f

— Binance (@binance) January 21, 2019


The new listings come after Binance CEO Changpeng Zhaomade it abundantly clear that he is not a fan of projects forking and. As a result, CZ has decided to leave BCHABC and BCHSV as the symbols associated with the new Bitcoin Cash projects.

Despite its CEO’s disdain for the Bitcoin forks, Binance revealed in its most recent announcement that trading for BCHABC/TUSD, BCHABC/PAX, BCHABC/USDC, BCHSV/TUSD, BCHSV/PAX and BCHSV/USDC will begin on January 22 at 10:00 AM (UTC).

The addition of these stablecoin trading pairs comes as Binance is expanding its dedicated stablecoin market, USDⓈ, which now includes a number of popular stablecoins as base pairs.

More: Binance Will Add Additional Trading Pairs for BCHABC and BCHSV

Related: Binance Launches Dedicated Exchange for GBP and EUR Trading


Disclaimer: This article’s author has cryptocurrency holdings that can be tracked here. This article is for informational purposes only and should not be taken as investment advice. Always conduct your own due diligence before making investments.

BCHUSD Rates by TradingView

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Cryptocurrency payment provider Coinify adds support for BSV

The press release further goes on to add that Coinify aims to become an international virtual currency payment infrastructure and this cooperation with …

A move that would definitely bring cheer to the BSV community, online merchants can now accept BSV, the only cryptocurrency based on the original Bitcoinprotocol, via the leading digital currency payment provider, Coinify, according to a press release on Monday. Whether the merchants want the payment in form of BSV or they want it to be changed to local currency depends on the merchant and Coinify can facilitate these options opening a whole new vista for consumers as well as merchants.

The press release further goes on to add that Coinify aims to become an international virtual currency payment infrastructure and this cooperation with BSV will help BSV in becoming a global cryptocurrency in the true sense.

Coinify provides a plethora of virtual currency products which gives businesses the freedom to accept payments both online and in retail stores.

Jimmy Nguyen, Founding President of the bCommerce Association, said, “As somebody who has used Coinify personally, I think it’s a huge step forward in the development of BSV that such a respected payment portal has added the original Bitcoin to its portfolio.

“Of course, it also means it will be much easier for sales teams to offer ‘flick of the switch’ BSV solutions to online merchants,” he added.

Speaking about Coinify’s decision to add Bitcoin SV to its portfolio, Coinify’s CEO and co-founder, Mark Højgaard said, “ Virtual currencies need to have widespread merchant adoption to really ignite on a mainstream level, and we believe that the simplicity and flexibility of our payment product range make this possible. Adding BSV as a virtual currency helps us ensure we have the most comprehensive range of options for both merchant and customer.”

The Bitcoin Cash hard fork took place on November 15 last year and since then it has had its own share of controversies. The fork was propagated by two different parties, the Bitcoin ABC implementation led by Roger Ver, CEO of Bitcoin.com and Bitcoin SV implementation was led by Craig Wright and Calvin Ayre. Since then the two sides have been at loggerheads and are always looking for opportunities to score over the other. In November Craig Wright went on to say that the SV camp had more money than that of ABC. He did not give the exact numbers but mentioned that “a lot of money for some people is not a lot of money for others”.

Wright further added, “I want to burn Roger and Jihan [Bitmain’s Jihan Wu] to the f**king ground till there is no Bitcoin left with them. There will be no hash war left and that is my end goal.” At the time of writing, BSV is down by 1.41 percent and is trading at $74.76.

See Also: For global growth of Bitcoin SV (BSV) Craig Wright & Jimmy Nguyen gets new roles

Report suggests a high degree of centralization in Bitcoin SV [BSV] network

Image via Shutterstock

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Bitmain Reflects on 2018

If you are not yet familiar with it, Memo.cash is a decentralized app powered by Bitcoin Cash blockchain technology. It gives users the ability to create …
The Daily: Bitmain Reflects on 2018, Memo Releases Mobile App
The Daily
10 hours ago

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By

Avi Mizrahi

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In today’s edition of The Daily, we cover a reflection on the passing year by the cryptocurrency mining technology giant Bitmain, a mobile app released by social network Memo and new turnover figures from a Bitcoin ATM network in Australia.

Also Read: South Africa Wants to Mandate Registration of Crypto Services

Bitmain Reflects on 2018

Bitmain, the Beijing-headquartered bitcoin mining technology giant, has been the topic of many discussions recently relating to its IPO application process, downsizing and more. A lengthy new blog post the company published today touches on these subjects and highlights some of the milestones the company has achieved in 2018. These achievements include the development of a 7nm ASIC chip for SHA-256 mining, launching hardware for powering artificial intelligence applications, investing in Circle and funding open-source projects.

The Bitmain team explains that the consolidating actions they took recently were done to make the company leaner, more focused and to streamline the business in preparation for the challenges of the future. “Our wide portfolio and varied lines of work have expanded to a point where we have the problem of choice and this year was the time to choose. We started to optimize the business and streamline our flows to focus back on the core missions and activities that best rally behind our vision. We as a company will be lean and more focused towards our goals and we look forward to a 2019 where we can see what our collective efforts can achieve in this manner.”

The company also made this comment about the contentious BSV fork: “It goes without saying that the BCH and BSV split was a significant topic within the global cryptocurrency space last year. It was exciting to see different passions clash for the future and betterment of cryptocurrencies without the purported ‘hash war’ being fought. Having ourselves been through a similar (but much longer!) conflict over the future of Bitcoin just about 18 months back, we understand the BSV community’s decision to split and freely pursue its own dream. Adoption will come through power, flexibility and sophistication of the ecosystem and we look forward to what 2019 has in store for cryptocurrencies.”

Memo Releases Mobile App

BCH-based social media network Memo.cash has released a mobile app on Sunday. The first app is designed for Android devices but the developers promise that an iOS version is coming soon too. Reactions to the announcement on the platform itself are positive and so are the few reviews already on the Google Play store.

The Daily: Bitmain Reflects on 2018, Memo Releases Mobile App

If you are not yet familiar with it, Memo.cash is a decentralized app powered by Bitcoin Cash blockchain technology. It gives users the ability to create a profile and post messages, images and videos using hashtags as well as to give tips instead of just likes. With Twitter being infected with scammers and bots, supporters hope that the growing platform will be able to provide an alternative and releasing a mobile app is a step forward in the long road that it will take.

Australian ATM Network Sees ‘Insane’ Turnover

According to a newspaper report from down under, a local Bitcoin ATM network with only about 30 machines is now handling volumes of $2 million a month. This is despite the fact that the company failed to raise a targeted $30 million in an initial coin offering (ICO) due to the market cool-down.

The Daily: Bitmain Reflects on 2018, Memo Releases Mobile App

“We raised just shy of $2 million, so just over 5 per cent of our initial goal – the rollout didn’t work out as we hoped,” Sam Karagiozis, the founder of Auscoin, told Daily Mail Australia. “But we currently have 31 Auscoin ATMs in Australia… and our turnover is $500,000 a week, which is just insane considering how much the price of Bitcoin has dropped. It just shows there really is a market for it and cryptocurrency is seen as a way of the future for many.”

What do you think about today’s news tidbits? Share your thoughts in the comments section below.


Images courtesy of Shutterstock.


Verify and track bitcoin cash transactions on our BCH Block Explorer, the best of its kind anywhere in the world. Also, keep up with your holdings, BCH and other coins, on our market charts at Satoshi’s Pulse, another original and free service from Bitcoin.com.

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Roger Ver: Fake social media accounts using my name have scammed over $6 million

In addition to Ver, fake profiles of Elon Musk, Vitalik Buterin, Erik Voorhees, Barry Silbert, and John McAfee have all been faked to run scams.

Roger Ver, the CEO of Bitcoin.com and a major proponent of Bitcoin Cash [BCH], stated that fake social media accounts using his details have been used to scam online users of $6 million in cryptocurrency.

In the January 20 episode from the Bitcoin.com YouTube channel featuring Roger Ver, Corbin Fraser, and special guest Akane Yokoo from Peaceful Warrior, a BCH adoption merchandise website, the trio discussed the issue of “Crypto Impersonations,” especially the ones using Roger Ver’s name.

Scams built on using Roger Ver’s name have been on the rise with multiple fake accounts being used to contact uninformed Bitcoin and Bitcoin Cash investors, said Ver. He specifically spoke about the use of Twitter and Instagram to prop up fake Ver profiles.

He stated:

“Fake social media Roger accounts (Roger Ver accounts) they’ve scammed, that I know of, over $6 million dollars-worth of crypto.”

Roger Ver further broke down the aforementioned number as $5 million being attained from a single company, a million from another scam, and a few thousand dollar scams from other individuals.

Twitter scams have decreased after the social media website provided Ver with a verified symbol, decreasing the threat of impersonations. However, fake profiles of the Bitcoin.com CEO are still rampant.

Instagram users have to be cautious of the Roger Ver accounts that contact them, as his profile is not verified despite him submitting his passport for verification. Ver stated that his account on Instagram is @roger, with all other accounts being fake.

In light of the above scams, Ver affirmed in the interview:

“I’m never ever ever going to contact any of you guys asking for money or asking to invest in something via direct message on any of these social media platforms.”

Ver even suggested the idea of a “Proof of Human (PoH)” concept on the blockchain that will help the masses identify genuine and fake social media accounts. He even invited entrepreneurs to build such a network which he thinks is necessary for the market.

A post on Steemit, the social media platform that rewards people for content creation, detailed an encounter with a fake Roger Ver profile in order to scam a user. The post, published by a mrdeleted, stated that the fraudster got .08 of a Bitcoin [BTC] from the user by using Ver’s fake profile.

Crypto-impersonations were on the rise in 2018, with several top influencer’s profiles being misappropriated in order to swindle millions. In addition to Ver, fake profiles of Elon Musk, Vitalik Buterin, Erik Voorhees, Barry Silbert, and John McAfee have all been faked to run scams.


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Co-founder of Bitcoin.org: Bitcoin Cash is dead

Responding to Twitter to Roger Ver, referring to the whitepaper of Satoshi Nakamoto, Cobra remarked: “Please note that whitepaper points to .ORG …
Co-founder of Bitcoin.org: Bitcoin Cash is dead
Co-founder of Bitcoin.org: Bitcoin Cash is dead

Once upon a time Bitcoin Cash, Bitcoin hardfork, was considered a “new word” in the world of cryptocurrency and a “revision” of Bitcoin itself, but 18 months after the birth, the coin replenished the ranks of cryptocurrency-losers. According to the co-founder of Bitcoin.org and Bitcointalk.org, acting under the Cobra pseudonym, BCH is “worthless”.

On January 18, Cobra said in its Twitter account that Bitcoin Cash is not just dying, but already dead, and, due to the lack of vision and purpose, the value of the coin will drop to zero in a matter of years. In particular, he stated:

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“Bitcoin Cash is dead. This cryptocurrency needs new leaders and a direction / goal – otherwise, in a few years it will cost $0. ”

In response to questions about the prospects of “leadership”, which can be equated to centralized control, contrary to the very meaning of Bitcoin, Cobra answered:

“Yes, but Bitcoin Cash is not Bitcoin. Bitcoin is able to survive without leaders, while Bitcoin Cash needs someone to guide it. ”

Crypto Ryan Pafumi echoed Cobra:

“This cryptocurrency has always been worthless, as all the other forks had been. Now all that is needed is to put an end to its meaningless existence. ”

Some users say that their skepticism regarding BCH arose as a consequence of hard forks in November 2018, when the tenth largest cryptocurrency in the market appeared, Bitcoin SV [BSV], behind which nChain head Craig Wright and Kelvin Eyre stand.

The main supporter and apologist of Bitcoin Cash is the head of Bitcoin.com, Roger Ver, extolling the hard forks of Bitcoin to the skies. Ver also supported hardfork Bitcoin Cash, Bitcoin Cash ABC, which, however, has saddled the “bearish” wave since its inception.

Ver said earlier this week that in 2019, Bitcoin Cash will be what bitcoin was meant to be when it started. According to him, now BCH is implementing the very “peer-to-peer electronic cash system” that Bitcoin was intended to become.

Responding to Twitter to Roger Ver, referring to the whitepaper of Satoshi Nakamoto, Cobra remarked:

“Please note that whitepaper points to .ORG, and not to fake .COM, which, according to Satoshi,“ has nothing to do with Bitcoin. ” It is YOU who mislead people. ”

BCH’s opponents are annoyed by the fact that Ver seized control of Bitcoin.com, where BCH tirelessly advertises – so annoying that John Carvalho, a representative of the Bitcoin Error Log group, challenged Ver, intending to deprive the latter of the rights to the resource.

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