Bitcoin Cash Miners Break Records Processing Multiple 32 MB Blocks

On Saturday, Nov. 10, the operation BMG mining pool mined multiple 32 MB blocks on the Bitcoin Cash (BCH) network. The first block at height 556034 was the biggest block ever mined on the BCH chain and the process confirmed over 166,000 transactions. A couple of hours later, BMG pool mined 4 more 32 MB blocks confirming another 166K of pending transactions each.  Also read: Growing Number of Crypto Companies Operating From Belarus BMG Pool Mines the First 32 MB Block Confirming Over 166,000 BCH Transactions Bitcoin Cash supporters have a…

Bit.ly Reportedly Blocks ‘200’ Links From Andreas Antonopoulos’ ‘Mastering Ethereum’

Social media commentators are criticizing URL shortening service Bit.ly (Bitly) after a Twitter user warned Andreas Antonopoulos Nov. 3 that the service had blocked crypto-related links from his book. Antonopoulos, author of several well-known guides to Bitcoin, quizzed Bitly on Twitter over the block, which allegedly extends to over 200 links in ‘Mastering Ethereum,’ due for publication in around four weeks. “Why are you blocking http://bit.ly links to crypto-currency sites?” he asked, adding: “I’m about to publish my 4th book and it has about 200 http://bit.ly links in it. If…

WeChat Blocks Bitmain Sales Account as Well as Further Crypto ‘Hype News’ Channels

WeChat, the 1 billion-user Chinese social media platform developed by Tencent, has blocked the official sales channel of Bitcoin (BTC) mining giant Bitmain, according to an announcement posted to its channel yesterday, September 10. As of press time, Bitmain’s other Wechat accounts, including after-sales services and its official account, remain active. The official sales channel, which operates under the WeChat ID “antminersale,” no longer shows any content but instead displays a rules violation notice, stating: “Following users’ complaints, [WeChat] has reviewed and discovered that this account — without having acquired…

China Blocks Access to Over 120 Offshore Digital Currency Exchanges

China is continuing its crackdown on bitcoin and cryptocurrency-related ventures. The country is now blocking access to more than 120 offshore cryptocurrency exchanges utilized for trading purposes by mainland customers. In addition, officials are also looking to shut down websites pertaining to both cryptocurrencies and initial coin offerings (ICOs), and to prevent businesses from accepting payments in digital assets. ICOs were initially banned last September and were described as “unauthorized” and “illegal” fundraising activities. That same month, Chinese regulators ordered all cryptocurrency exchanges within the country to cease trading practices.…

China’s Social Media Giant WeChat Blocks a Number of Crypto Media Accounts, Sources Say

WeChat, the 1 billion-user Chinese social media platform developed by Tencent, has reportedly blocked a number of crypto and blockchain related accounts, local financial news outlet Lanjinger reported August 21. Lanjinger quotes a WeChat official as saying that some public accounts were suspected of publishing Initial Coin Offering (ICO) and crypto trading “hype” in violation of the service’s  “Interim Provisions on the Development of Public Information Services for Instant Messaging Tools” terms. The official said that official orders had been given to block all content and permanently block the relevant…

China’s Social Media Giant WeChat Blocks a Number of Crypto Media Accounts, Sources Say

WeChat, the 1 billion-user Chinese social media platform developed by Tencent, has reportedly blocked a number of crypto and blockchain related accounts, local financial news outlet Lanjinger reported August 21. Lanjinger quotes a WeChat official as saying that some public accounts were suspected of publishing Initial Coin Offering (ICO) and crypto trading “hype” in violation of the service’s  “Interim Provisions on the Development of Public Information Services for Instant Messaging Tools” terms. The official said that official orders had been given to block all content and permanently block the relevant…