Segwit Update

SHARE
← Back to articles
SHARE

48 hour SegWit upgrade maintenance

July 31, 2017 10:47 am Published by

Important notice:

Last week, we published an in-depth article about Segregated Witness (Segwit), SegWit2x, BIP148, and Wirex’s Contingency Plan. We realise this was a very in-depth explanation and want to make clear how this affects you.

To recap, due to a major upgrade to the global blockchain network, there will be a 48 hour period where it is strongly advised you do not make any Bitcoin transactions. There is a risk that bitcoin sent or received during this time could become untraceable when the upgrade is complete.

The security of your Bitcoin is of paramount importance, so we will pause bitcoin transactions on the Wirex platform during the global blockchain update.

Please note that your Wirex payment cards will continue to work with any pre-loaded funds.

BTC exchange will be paused at 12:20 UTC today, Monday, July 31st 2017 and resume at 12:20 UTC Wednesday, August 2nd 2017.

We will notify you by email and push message when full service resumes.

For full details and a deeper technical summary of the changes, please see our post from July 20th 2017.

If you have any questions, or need some further information, you can get in touch with our dedicated support team and quote ‘Segwit’ as the subject of your enquiry.

Our sincere thanks for your support and understanding during these exciting times.

To Ethereum and beyond

Cypherpunks rejoice – we’ve finally added Ethereum to our expanding portfolio of cryptocurrency wallets! The new Wirex Ethereum wallet allows you to buy, sell and store Ether (ETH). Exclusive to Wirex, you can also instantly convert it into GBP, EUR or USD to spend in-store and online using your Wirex Payment Card. A brief history… View Article

Wirex earns FCA e-money licence

There is some big news at Wirex. We are more than proud to announce that we were granted a UK Financial Conduct Authority e-money licence on the 21st of August! Wirex Limited is only the third crypto-friendly company in the world to have been granted this licence. The FCA was formed to protect consumers, enhance… View Article

A Ripple at Wirex

Introducing the Ripple wallet! You can now buy, sell, exchange and deposit Ripple (XRP) using the Wirex App. We’re the only digital money platform that lets you exchange and spend Ripple like traditional currency – in-store and online. Update your Wirex app now and start using the XRP wallet straight away. What is Ripple? Ripple… View Article

Wirex May Roundup

May was another action-packed month for Wirex. We updated the app further to give you the best possible platform. We launched the first part of our rewards programme, hosted a launch party for the new Wirex payment card, introduced brand new products and made improvements to our existing products. In case you missed it (or… View Article