Communications from Circle:
Hello,
Based on recent bitcoin developments, it’s likely that a fork is coming. This could cause significant disruptions on the network. As always, we want to make sure your funds are safe.
Sends/receives temporarily suspended
Starting at 5:00 p.m. EDT on Monday, July 31, 2017 (9:00 UTC), we’ll temporarily disable bitcoin transactions. You won’t be able to send bitcoin, and if you receive bitcoin, it will be credited to your account after we lift the suspension. We’ll do this once the network has stabilized, which is expected to happen on or before Friday, August 4, 2017.
Please note: During this time, the value of bitcoin may decrease. Also, if two bitcoin blockchains do emerge, we may never support the new version and any value on it could potentially be lost to you.
Moving bitcoin prior to the suspension
You can choose to move your bitcoin. Send it to an exchange or wallet that supports multiple forks, generate a bitcoin address there and move your Circle balance before the suspension takes effect. (Please be aware that they may also have their own suspensions). Alternatively, if your account is enabled for it, go to settings and convert your bitcoin balance into US dollars, Euros, or Pounds Sterling.
We’ll make sure you know if there are any other changes as things progress.
Thanks so much,
Team Circle
Coinbase:
Dear Coinbase Customer,
We wanted to provide an update on proposed changes to the Bitcoin network and what that means for bitcoin stored on Coinbase. You can read more about what a digital currency fork is
https://blog.coinbase.com/what-is-a-bitcoin-fork-cba07fe73ef1.
Our first priority is the safety of customer funds. In the event of a fork, customer fiat currency (USD, EUR and GBP) and digital currencies (bitcoin, ether and litecoin) are safe.
On August 1st, 2017 there is a proposal to make changes to the bitcoin software. This proposal, known as Bitcoin Cash, is likely to create a fork in the Bitcoin network. This means that after August 1st, 2017 there are likely to be two versions of the Bitcoin blockchain and two separate digital currencies.
In the event of two separate blockchains after August 1, 2017 we will only support one version. We have no plans to support the Bitcoin Cash fork. We have made this decision because it is hard to predict how long the alternative version of bitcoin will survive and if Bitcoin Cash will have future market value.
This means if there are two separate digital currencies – bitcoin (BTC) and bitcoin cash (BCC) – customers with Bitcoin stored on Coinbase will only have access to the current version of bitcoin we support (BTC). Customers will not have access to, or be able to withdraw, bitcoin cash (BCC).
Customers who wish to access both bitcoin (BTC) and bitcoin cash (BCC) need to withdraw bitcoin stored on Coinbase before 11.59 pm PT July 31, 2017. If you do not wish to access bitcoin cash (BCC) then no action is required.
We plan to temporarily suspend bitcoin buy / sells, deposits and withdrawals on August 1, 2017 as the fork is likely to cause disruption to the bitcoin network. This means your funds will be safe but you will be unable to access your bitcoin (BTC) for a short period of time.
We will keep you updated on this event through our blog, status page and Twitter.
Thank you,
Coinbase Team
CEX.IO:
SegWit and CEX.IO Operation Updates
According to the recent events in the cryptocurrency industry, namely the overwhelming support of SegWit2x/BIP91, SegWit is more than likely to happen without interruptions. Considering this, please be informed about the following updates:
CEX.IO is still supporting SegWit and actively following the news.
If the hard fork happens, we will split only those Bitcoins that are on accounts of CEX.IO users and deposited before the possible hard fork, namely, 12:20 PM (UTC), August, 1st.
There will be NO limitations for Bitcoin deposits and withdrawals on CEX.IO, including the 1st of August. But we reserve the right to suspend them in case of unpredictable conditions, in particular, hard fork activation. We encourage you to monitor the article on our blog for updates.
Please, let us also remind you that there is a chance of considerable Bitcoin price fluctuations on the market, which can be favourable for cryptocurrency trading.
Kraken:
Hi hooter,
We have posted an important announcement on our blog about the “Bitcoin Cash” (BCH) hard fork that will happen on August 1. Everyone should read the complete post, but here are a few highlights from the post:
Kraken plans to support BCH on our platform for funding and trading in the pairs BCH/XBT, BCH/USD, BCH/EUR
Clients holding Bitcoin (XBT) balances at the time of the fork will be credited with an equal amount of Bitcoin Cash (BCH) - e.g. 1 XBT will result in 1 XBT + 1 BCH
Clients borrowing Bitcoin (XBT) for margin positions at the time of the fork will be debited an equal amount of Bitcoin Cash (BCH) - e.g. if you borrow 1 XBT you must pay back 1 XBT + 1 BCH
Margin traders should read the blog post carefully to understand the added risk and how margin trading will work across the fork
The BCH fork is planned for 12:20 pm UTC on August 1
Bitcoin (XBT) funding will be halted at 11 am UTC and resumed sometime after the fork when it is safe to do so
Trading will continue across the fork, but we may need to halt trading briefly around the time of the fork so we can adjust balances and add pairs
New Blog
We have just launched a major update to the Kraken blog, so when you visit you will notice that it looks very different. The new blog not only looks better, but is hosted on a new platform that will allow us to publish new kinds of content - including the Kraken Daily Market Report, published every day around 2pm PT, with a “heat map” summary of the previous 24 hours of trade action. Take a moment to subscribe to the new blog, by email or RSS!