With the upcoming Bitcoin soft fork, ionomy has elected to temporarily disable bitcoin withdrawals and deposits effective 12:00pm GMT July 25. This will allow for all unconfirmed transactions to complete prior to the fork, and ensure all funds are secure in the unlikely event of a Bitcoin blockchain split.
This measure protects user funds and simplifies ionomy accounting. Similar practices are adopted by Coinbase, Bittrex, and other major online wallet service providers.
ionomy will monitor the progress of the fork, starting August 1st until the majority of hashpower has been migrated (approximately August 2nd). When the network has stabilized, ionomy will return the wallets to service.
"If you wish to withdraw your BTC, please do so immediately."
About the fork:
Bitcoin Improvement Proposal 91 (BIP 91, also known as Miner Activated Soft Fork) recently locked in over 90 percent of all mining hash power, signaling majority support for this proposal. BIP 91's lock in effectively makes BIP 148 (User Activated Soft Fork (UASF) scheduled for August 1) obsolete and nullifies the chances of the Bitcoin network forking through UASF.
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