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Bitcoin Cash (BCH)
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What is Bitcoin Cash?
Recent Bitcoin Cash Stories by Messari
👀 Hackers steal nearly $60 million from Japanese crypto exchange
Hackers have targeted Japanese cryptoasset exchange Zaif, stealing 6.7 billion yen or around $59.7 million from user wallets and the exchange itself. Tech Bureau Inc, which operated Zaif, claims they detected a server error on Sep. 17th and immediately suspended deposits and withdrawals before realizing they were being hacked the next day. The majority of stolen assets were Bitcoin ($BTC) but also included Bitcoin Cash ($BCH) and MonaCoin ($MONA). Fisco Digital Asset Group will help cover customer losses by providing 5.0 billion yen, around $44.5 million, to the exchange in return for an agreement to dismiss more than half of Tech Bureau's directors and the firm's auditors. Fisco will also become a majority shareholder in the company.
🐛 Bitcoin Core developers fix bug that could have crashed the network
Node operators have been asked to upgrade their software immediately following the discovery of a bug that could have crashed the Bitcoin ($BTC) and derivative networks like Bitcoin Cash ($BCH) and Litecoin ($LTC). The issue was related to a change made to the code in late 2016 aimed at reducing the time to check blocks. In theory had the issue not been fixed a miner could have designed a block which would have crashed other mining nodes on the network.
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Bitcoin Cash & Related News
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Y2050 supply (est.)
% Y2050 Issued
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Every 210,000 blocks
This is a number ranging from -1 to 1, which represents the degree to which movements in the two assets are historically correlated. Specifically, OCFX is calculating the Pearson Coefficient over the daily returns of the two assets. This is calculated over the time-range the chart is set to, and will be re-calculated if the chart's time-range is changed.
A negative number indicates that if asset A moves in one direction, asset B has historically most likely moved in the opposite direction. Similarly, positive values indicate prevelance of same-direction moves.
The Bletchley 10 is composed of 10 of the largest cryptoassets, weighted by marketcap. As such, it tends to track the 'large-caps'.
The Bletchley 20 is composed of 20 medium-capitalization cryptoassets.
The Bletchley 40 is composed of 40 small-capitalization cryptoassets.
Together, these indexes give good at-a-glance understanding of how large-caps are performing relative to medium/small-caps over the past 24 hours.
For further detail on Bletchley index construction, asset eligibility, rebalancing, and weightings, see the Bletchley Indexes methodology detail page.