Blockchain | News and Updates on Blockchain and Bitcoin
With the largest bitcoin wallet platform in the world, Blockchain's software has powered over 100M transactions and empowered users in 130 countries across the globe to transact quickly and without costly intermediaries. We also offers tools for developers and real time transaction data for users to analyse the burgeoning digital economy.
Today, we’re thrilled to announce our European expansion with the opening of our newest office in Vilnius, Lithuania. This office is our fifth location and will be an important home to our customer success operations, design, and engineering teams as we continue to grow.
We’re excited about our future in Lithuania. We explored several options in Europe, but Vilnius emerged as the ideal place for us to expand our team. We were immediately impressed with the vibrant talent pool and the city’s commitment to innovation.
“We’re thrilled to welcome Blockchain to Vilnius. The presence of a company as well-known as Blockchain will put Lithuania in the spotlight of the international blockchain community,” said Virginijus Sinkevičius, the Minister of Economy and Innovation of Lithuania.
Mantas Katinas, the General Manager of Invest Lithuania, added “Not only will a world leader in blockchain technology and services be joining our growing community, they will also be instrumental in locally developing the next generation of innovators in the field.”
We’re hiring dozens of designers and customer success agents as well as Android Engineers, Backend Engineers (Java, Kotlin) and Quality Engineers to work alongside engineers in our London, New York and San Francisco engineering offices on strategic customer facing projects. If you’re interested in joining our team, apply today!
With the addition of our Lithuanian office, we’ll be able to continue to serve our ever-growing user base, and develop new and innovative software that will transform the future of the financial landscape. We look forward to building out our team in Vilnius over the coming weeks and months.
As more cryptocurrencies develop and grow, providing direct access and insight across networks is crucial. Blockchain Explorer is the most trusted source for blockchain data. Our focus has always been on providing the most up to date and accurate information available. Today, we’re excited to introduce Bitcoin Cash to the existing lineup of supported cryptocurrencies on our Explorer. You can now search for BTC/ETH/BCH transaction hashes, blocks and addresses in a single search bar.
New to the Explorer? Think of it as a browser for the blockchain - you can search for detailed information on blocks, check if your transaction is confirmed, view the balance of your addresses, monitor market prices, and even watch real-time network transactions.
We’d love to hear your feedback on what you’d like to see next in our Explorer product. Let us know by submitting your request here.
In the meantime check out the Bitcoin Cash blockchain, or view your veteran bitcoin and ethereum favorites here!
Don’t have a Blockchain Wallet yet? Sign up and start exploring crypto today with $25 of free Stellar.
At Blockchain we are passionate about helping people control their own cryptoassets. Doing that effectively requires having access to the latest and most reliable information, data, and research. However, we often hear that accessing information on crypto that is both reliable and freely available is one of the most challenging issues, particularly for newcomers.
In response, last year Blockchain launched a new research program led by our Head of Research, Dr. Garrick Hileman. Our first major publicly disseminated report was a groundbreaking study of stablecoins. The new data and analysis contained in our State of Stablecoins report helped shine a light on one of the fastest growing and important sectors in the cryptoasset ecosystem.
Today we are pleased to announce the next phase in our growing research coverage with the launch of Blockchain Primers.
Blockchain Primers are intended to provide a relatively brief (under 10 pages) overview of each cryptoasset. Each primer will include:
Highlights: quick takeaways on each cryptoasset’s key differentiating features (e.g., strengths and issues/tradeoffs) Data: empirical data summarized in charts and tables, including new data not previously available to the public Comparative summary: quantitative and qualitative data-driven comparison against similar cryptoassets References: links to additional information where you can learn more
Blockchain Primers will contain both a mix of introductory and background material for those less familiar with the particular cryptoasset in focus, as well as the latest data and analysis on more recent topics.
First Primer on Bitcoin Cash (BCH)
Today we are releasing our first primer on Bitcoin Cash (BCH). In November of last year, Bitcoin Cash underwent a contentious network split. As a result, we have received more questions about Bitcoin Cash in recent weeks than any other cryptoasset supported by the Blockchain Wallet. A key focus in this primer is a comparison between Bitcoin Cash ABC (BCH) and Bitcoin Satoshi Vision (BSV), including new data shared with us by Coinmetrics on the post-fork movement coins on each respective blockchain.
With Blockchain Primers, we’re bringing the high quality research of Wall Street to Main Street. We hope you find this and future Blockchain Primers useful and as always we welcome your feedback.
Click here to download the first Blockchain Primer on Bitcoin Cash.
As previously shared, Bitcoin Cash (BCH) experienced a hard fork on November 15th. The main outcome of the fork was the splitting of the Bitcoin Cash chain into two chains, and therefore two tokens - Bitcoin Cash ABC and Bitcoin Cash SV. This means that anyone that held 1 BCH before the fork would end up with 2 tokens after the fork - 1 BCH (ABC) and 1 BSV. Last month, we implemented a coin-splitting solution that allowed us to safely resume Bitcoin Cash services in the Wallet, with BCH representing Bitcoin Cash ABC. This coin-splitting solution preserved users balances on the Bitcoin SV chain.
We have been tracking Bitcoin SV chain closely and will now offer limited, close out transaction support for Bitcoin SV (BSV). You will be able to view your balance, exchange BSV for BTC, BCH, ETH, and XLM through Swap, and send BSV to any address. We do not have plans to enable full BSV functionality at this time.
To access BSV services and your BSV tokens, log into your wallet through any web browser and select the Settings option on the bottom left, then Wallets & Addresses. On mobile? You can log into your Web Wallet by logging into the Blockchain app and clicking 'Log in to Web Wallet' in the side navigation.
Web Wallet login from Mobile WalletBSV services within Settings
We will continue to monitor activity of BSV to determine how long we will maintain limited support and we’ll make sure to keep you updated on any service changes! Have questions? Feel free to reach out to our Social team and support team for help.
As 2018 takes its seat in crypto history, we wanted to look back at the various milestones we unlocked while improving the way the world connects to crypto. We are proud of these moments and couldn’t have done this without our users, our team, and the industry.
There is no doubt 2019 will be a great year for crypto. We are excited to embark on another year of continued building to make the financial system more fair and accessible for everyone.
To mark the tenth anniversary of the genesis block - the first-ever block of Bitcoin mined - crypto holders across the globe are withdrawing funds from third party exchanges. Doing so, will ensure these exchanges are solvent and, more importantly, honors crypto’s founding principle of independence from centralized financial systems. This ‘Proof of Keys Celebration’ has gained steam and we are supportive.
At Blockchain, we’ve always believed that owning and controlling your private key - and with it your crypto - is the single most important aspect of using crypto. Without having full control over your private key, you’re missing the defining aspect of crypto: user controlled, sovereign assets. Not sure what your private key is? Learn more here.
Enabling users to “be your own bank” and truly maintain control of their crypto has been at the core of the Blockchain Wallet since its inception. Our passion for ensuring that users retain control over their funds was extended last year with the launch of Blockchain Swap, a next generation trading product that allows Blockchain Wallet users to exchange crypto quickly and with ease for the price you’d pay on exchange, without giving up control of your keys.
Not one of the 30M+ Blockchain Wallet holders using our platform to store, trade and transact while maintaining full control of your funds? It takes moments to create a free Blockchain Wallet with a verified email address and be on your way to taking back control of your crypto from centralized exchanges. Get started here.
Note to those planning to take part in the Proof of Keys Celebration: As you prepare to transfer funds from your exchange account to your wallet address, make sure to factor in withdrawal limits and network congestion. And, as always, it is critical to keep your private keys secure. Don’t share them with anyone you don’t want to share full control over your funds.
We're excited to welcome the latest addition to the Blockchain team, Michelle Bond as our Global Head of Policy.
As regulators and lawmakers continue to develop frameworks and guidance involving digital assets, actively engaging with policymakers and the government will be crucial. Michelle has significant experience engaging policymakers both in the United States and globally. She is a financial services lawyer, policy expert and former regulator. She was most recently the Deputy Head of Global Regulatory Affairs and Public Policy at Bloomberg LP, advising Bloomberg's business on global financial regulation and evolving market structure.
Prior to joining Bloomberg, Michelle served at the United States Securities and Exchange Commission, the United States Senate Banking Committee and the Financial Industry Regulatory Authority.
She will leverage her deep expertise to provide regulatory and policy support for the creation of trading solutions and financial infrastructure as Blockchain builds out its product suite for institutional clients.
"Michelle has spent her entire career in law and policy, and I'm proud to welcome her to Blockchain where she will advocate for sound public policy in the digital asset space. In her new role, she will help to inform legislation and rulemaking initiatives and help foster innovation and growth in the industry," said Marco Santori, President and Chief Legal Officer at Blockchain.
"It is an honor to join Blockchain, the leading software provider for digital currency and distributed ledger technology," said Michelle Bond, Global Head of Policy. "I look forward to engaging with policymakers around the world to create a more modern and inclusive financial system, and am excited to leverage my public and private sector experience in this new role."
We’re excited to announce that Macrina Kgil has joined Blockchain as Chief Financial Officer (CFO). Macrina’s background in building growth, IPO ready, and public company finance functions will be instrumental as we continue to serve our tens of millions of retail and institutional customers.
“Macrina has helped restructure liability, acquire and dispose of assets and take companies public. As our business expands, we can’t imagine a more perfect person than Macrina to help us build finance and risk operations of the highest order,” said Peter Smith, Blockchain’s CEO.
Macrina is a proven finance leader and her expertise will be key as we establish a robust, industry leading finance and risk function at Blockchain.
Prior to joining Blockchain, Macrina successfully took Springleaf Holdings (currently known as OneMain Holdings) public as CFO. She then leveraged her experience as a public company CFO to build out the finance team and establish processes to support 100+ entities as at GPB Capital Holdings, a $1.5B fund. She started her career at PwC as an auditor and capital market transaction advisor, where she advised Fortress, the first alternative asset management firm to go public.
“I’m thrilled to be joining the Blockchain team at a time of unprecedented growth. The company has been on the forefront of innovation since its inception and I look forward to leveraging my experience to accelerate our mission to build a better future for billions across the globe,” said Macrina.
As many of you know, Bitcoin Cash (BCH) experienced a hard fork as planned on 15 November. As a precaution, we halted Bitcoin Cash services within the Wallet until we felt the situation was stable. We now feel confident that it is safe for our users and will be resuming Bitcoin Cash services in the Wallet over the next few days.
Please note, when we resume Bitcoin Cash services in the Wallet, Bitcoin Cash (BCH) will represent Bitcoin Cash ABC. Because one result of the fork was the emergence of another BCH chain (Bitcoin Cash SV), we suggest that you confirm that the party you are transacting with is also using Bitcoin Cash ABC when sending or requesting BCH within your Wallet to avoid any loss of funds.
Have a specific question? Drop us a line, our Social Team is here to help.
We have been closely tracking the Bitcoin Cash (BCH) hard fork set to take place at 16:40 pm UTC (11:40am EST) on Thursday, November 15th and what it means for you. The outcome of the hard fork will likely be two different blockchains and tokens. But not to worry, we’ve got you covered!
First, your funds are safe, but we are taking some precautions on your behalf. We will temporarily disable Bitcoin Cash services starting at 13:40pm UTC (8:40am EST) on Thursday until we can determine that the situation is stable. During this time, you will still be able access Bitcoin, Ether, and Stellar services within the Wallet.
Following the fork, your Bitcoin Cash balance will reflect the value from 24 hours before the fork. The the fiat value of your Bitcoin Cash holdings will begin updating as soon as the network stabilizes.
No immediate action is required on your part. We will be closely monitoring the situation and will make sure to update you via our social channels and from within the Wallet. Have a specific question? Drop us a line, our Social Team is here to help.