According to Business Insider, Bittrex customers are complaining of withdrawal problems. One of the key issues appears to be the digital asset exchange requiring users to go through an identity verification when attempting to make withdrawals.
According to Bitsonline, NiceHash -- a company that rents out its users' hardware to people who wish to speculate on altcoin mining -- has been hacked and lost $56 million worth of bitcoin.
According to CoinJournal, the Lightning Network protocol has reached the release candidate stage for version 1.0. Multiple teams are now working on beta implementations for the use of the Lightning Network on Bitcoin's mainnet.
According to The Telegraph, JP Morgan has said bitcoin could be the new gold.
According to Bloomberg, bitcoin has failed to win over the giants of finance in Scandinavia.
Featured image via Florian Plag.
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Kyle first used Bitcoin in 2011. By early 2014, researching and writing about Bitcoin had become his full-time occupation. Currently, he contributes regularly to Forbes and CoinJournal. His work has also appeared in Business Insider, VICE Motherboard, Nasdaq, and many other media outlets. Additionally, he provides a daily Bitcoin news recap via a newsletter and YouTube show (audio only version available via SoundCloud), which can be found at kyletorpey.com.