This is where fun meets crypto! We’re listing ENJ and CHZ!
![This is where fun meets crypto! We’re listing ENJ and CHZ!](/_ipx/enlarge_true&w_1200&f_webp&q_80/blog.bitstamp.net/bts-img/2021/08/New-listing-confirmed---1200-x-628-01.webp)
On August 23, we’re listing two new coins that dwell in the realm of pure entertainment. You’ll create an NFT of the sword in your favorite RPG and peg it to the ENJ token; and you’ll be able to buy branded Fan Tokens with CHZ, giving you decision-making power in your favorite sports club.
The second batch of our August listing for the U.S. is here! Meet AAVE and ALGO!
![The second batch of our August listing for the U.S. is here! Meet AAVE and ALGO!](/_ipx/enlarge_true&f_webp&q_50&blur_3&s_10x10/blog.bitstamp.net/bts-img/2021/08/blog-New-assets-coming-to-US---announcement---1200-x-628-01-1-.webp)
We’re listing two new crypto assets with incredibly widespread usage options in the real world. One serves as the basis of a lending-and-borrowing system, the other presenting an alternative to the increasingly slower and more expensive blockchain-based networks like Bitcoin’s.
What is block size?
![What is block size?](/_ipx/enlarge_true&f_webp&q_50&blur_3&s_10x10/blog.bitstamp.net/bts-img/2021/08/What-is-block-size_---1200-x-628.webp)
As you know by now, blocks are containers holding a record of transactions on the blockchain. And just like any other container, a block can only hold so much information.
What is block time?
![What is block time?](/_ipx/enlarge_true&f_webp&q_50&blur_3&s_10x10/blog.bitstamp.net/bts-img/2021/08/What-is--block-time_---1200-x-628.webp)
In blockchain technology, a transaction is never instant. It can only take place once a block containing the transaction data has been generated. The time needed to create this new block is called block time.
Weekly News Roundup – 16 Aug 2021
![Weekly News Roundup – 16 Aug 2021](/_ipx/enlarge_true&f_webp&q_50&blur_3&s_10x10/blog.bitstamp.net/bts-img/2021/08/Bitstamp-Weekly-News-Roundup-metaimage-9-1-1.webp)
Poly Network hacker returns nearly all of the $611 million in stolen funds; Tether significantly increased exposure to treasury bills; Walmart is looking for a crypto product lead...
What is blockchain mining?
![What is blockchain mining?](/_ipx/enlarge_true&f_webp&q_50&blur_3&s_10x10/blog.bitstamp.net/bts-img/2021/08/What-is-blockchain-mining---1200-x-628.webp)
In the cryptocurrency industry, mining means adding new blocks of data to a blockchain. Cryptocurrency miners have to find a solution to a complex mathematical problem before they can create a new block. They are then rewarded with newly-created coins of cryptocurrency.
Withdrawal fees for KNC and USDT increased
![Withdrawal fees for KNC and USDT increased](/_ipx/enlarge_true&f_webp&q_50&blur_3&s_10x10/blog.bitstamp.net/bts-img/2021/08/2.webp)
We recently made a temporary increase to our KNC and USDT withdrawal fees to reflect the rising costs of ERC-20 tokens' transactions.
Good news for our US customers! We’re introducing UNI, COMP and USDT!
![Good news for our US customers! We’re introducing UNI, COMP and USDT!](/_ipx/enlarge_true&f_webp&q_50&blur_3&s_10x10/blog.bitstamp.net/bts-img/2021/08/New-assets-coming-to-US---announcement---1200-x-628.webp)
We’re listing at least 10 new assets this month for our US-based customers. Starting with an exciting new trio that is a statement to our fondness towards the DeFi market. And finally, the heavyweight of stablecoins is making its first appearance for our US customers.
Welcoming Barbara Daliri as Chief Growth Officer
![Welcoming Barbara Daliri as Chief Growth Officer](/_ipx/enlarge_true&f_webp&q_50&blur_3&s_10x10/blog.bitstamp.net/bts-img/2021/08/blog.webp)
Barbara’s appointment comes at a crucial time for us as we continue with our extensive growth plans and expansion of our range of services and trading options across the globe. To symbolically conclude the welcome, Barbara’s joining us at the end of a decade of hard-work, our 10th anniversary.
Scheduled downtime due to BitGo maintenance
![Scheduled downtime due to BitGo maintenance](/_ipx/enlarge_true&f_webp&q_50&blur_3&s_10x10/blog.bitstamp.net/bts-img/2021/08/1.webp)
All crypto transactions to halt for one hour, from 00:00 UTC, 10 August, to 01:00 UTC, 11 August.