What is block time?

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

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?

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

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!

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

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

All crypto transactions to halt for one hour, from 00:00 UTC, 10 August, to 01:00 UTC, 11 August.
Weekly News Roundup – 9 Aug 2021

Ethereum’s London hard fork is now live; NFT marketplaces keep thriving; One of the most active liquidity providers expanding its scope in the crypto market ...
Take a seat, we’re serving SUSHI and MATIC!

We bring you another set of interesting cryptocurrencies that reflect our support to the DeFi space – SushiSwap and Polygon. First is an AMM that came to light as a fork of Uniswap, and the latter a well-structured platform for Ethereum scaling with a wide spectrum of possible applications.
How is decentralized consensus achieved?

Decentralization is what sets apart cryptocurrencies from traditional financial systems. How does a system with no central authority validating its transactions work? Through something called a decentralized consensus mechanism. Read on to find out more.