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Metropolitan Bank Denies Ceasing Cryptocurrency-Related International Wires

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Just recently news.Bitcoin.com reported on the company Metropolitan Bank Holding Corp (NYSE: MCB) allegedly ceasing international cryptocurrency transfers. The bank is well known for being called the “Bitcoin Bank” and responded today to “erroneous statements” made by the media. Also read: French Entrepreneur’s Case to Overturn the Bitlicense Dismissed Various Reports State the ‘Bitcoin Bank’ Allegedly … Read more

GDAX Will Open the Bitcoin Cash/BTC Order Book on Wednesday

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Are you looking to trade in your old bitcoin with its high fees and slow transactions for a brand new bitcoin cash? Or, you just want to offload the bitcoin cash you have been holding since the fork? Either way, there is some good news for customers of GDAX. The exchange will start offering BCH/BTC … Read more

Metropolitan Bank Ceases Cryptocurrency-Related International Wires

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Metropolitan Bank Holding Corp (NYSE: MCB), one of the fastest growing banks in the United States, is used by a number of major cryptocurrency exchanges. But the NYSE traded bank has ceased all cryptocurrency-related international wires effective immediately, according to a Fortune report. Also Read: Whistleblower Details Big Bank’s Plans to Prohibit Employees Owning Bitcoin “The Bitcoin … Read more

Ditch University and High Transaction Fees – Praxis Accepts Bitcoin Cash

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Praxis is an intern, apprentice-like placement company, acting as a practical, resumé building experience for those who believe university is a waste of intellect and time and treasure. Recently, they’ve announced tuition can be paid in bitcoin cash, which offers near instant transaction times and low fees. Also read: India’s Bitcoin Exchange Banking Problems Praxis … Read more

Exchange Problems Mount at Kraken and Coinbase but Bitfinex Reopens Registrations for 10k+ Deposits

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Exchanges are regarded by many in the cryptocurrency world as a necessary evil. They provide liquidity and an on-ramp from fiat currency, but many other aspects of their service leaves a lot to desired. From onerous KYC requests to sudden withdrawal of service, nary a week goes by without major exchanges leaving customers seething. This … Read more

Overstock Glitch Gave Customers ‘Discounts’ With Bitcoin Cash

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This week security experts found a website glitch on the e-commerce marketplace Overstock that let customers purchase items for a fraction of the price. The reason users were getting such huge discounts is because the system was accidentally allowing bitcoin cash (BCH) purchases in place of items priced in bitcoin core (BTC). Also read: No, Mainstream … Read more

Coinbase Merchant Error Causes Major Exploit on Overstock

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Recently, it was made public that retail giant Overstock.com had fallen victim to a huge exploit involving Coinbase’s merchant API. This is another issue on top of many others that customers and businesses have made apparent affecting the leading Bitcoin exchange. On January 5, independent researchers discovered a massive exploit in Overstock’s cryptocurrency payment gateway, which is … Read more