Home ICYMI $450K Transaction Fee, Bitmain Denies Losses, England Rejects Aussie Gold Claim

$450K Transaction Fee, Bitmain Denies Losses, England Rejects Aussie Gold Claim

TL;DR: Welcome to In Case You Missed It (ICYMI), a set of high fees collected by your favorite dev, Linzerd. An ethereum transaction costs $454K in fees. Google adds the bitcoin symbol to its keyboard. QuadrigaCX court appoints representative council for victims. Bank Of England disregards Australian gold audit, and Bitmain addresses $500 million loss FUD.

More Spice: Bitcoin White Paper Webcomic by Comics Legend Scott McCloud

Bitmain Denies $500 Million Dollar Loss Rumor

$450K Transaction Fee, Bitmain Denies Losses, England Rejects Aussie Gold Claim

Bitmain has come outfront to deny the rumor spread by an article posted in Coindesk, claiming they faced a loss of $500 million during the third quarter last year. On a Chinese media outlet, a company spokesperson stated “the rumors are not true, and we will make announcements in due course in accordance with the requirements of relevant laws and regulations.”

An Ethereum Transaction Paid $454,500 Tx Fee

$450K Transaction Fee, Bitmain Denies Losses, England Rejects Aussie Gold Claim

An ethereum transaction just upped the ante in terms of transaction fees for cryptocurrencies, and is possibly the costliest blockchain transaction ever made. The transaction sent 0.1 ethereum and was charged almost 2,100 ether. Some have speculated this was a developer mistake, but no one knows for sure what happened.

Google Adds Bitcoin Symbol to Keyboard

There is no doubt crypto is getting popular by the day. Now Google has included on their keyboard the classic bitcoin symbol to identify the most popular cryptocurrency. With this, Google answered a popular plea among enthusiasts who asked for the addition many times. It is yet to be seen if symbols corresponding to other cryptos will be added in the future.

QuadrigaCX Case Court Names Representative Council Of Users

$450K Transaction Fee, Bitmain Denies Losses, England Rejects Aussie Gold Claim

The case of QuadrigaCX, Canada’s largest crypto exchange, keeps moving in the courts. They owe more than 140 million dollars to their customers. According to a new ruling, two new firms have been named as the representative council of users regarding: Miller Thomson and Cox & Palmer. However, litigation in this cases could be very slow, more so when cryptocurrencies are involved.

Bank of England Denies 80 Ton Gold Audit To Australia

$450K Transaction Fee, Bitmain Denies Losses, England Rejects Aussie Gold Claim

The Bank Of England has now denied a full audit of 80 tons of gold the Reserve Bank of Australia supposedly has stored in vaults. There are reports indicating the Australian central bank included this gold into their books for quite some time, but none of this gold was made public. The last inquiry was made in 2013 with no new developments shared.

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