Bitcoin Hits $7800 After Segwit 2x Called Off

The Segwit2x development team has called off any plans for the Segwit2x hard fork, previously set for mid-November. The report published only an hour ago was co-signed by the Segwit2x figureheads, including Erik Voorhees of Shapeshift fame and Jeff Garzik, the lead developer on the BTC1 repo. Jihan Wu of Bitmain, Wences Casares of Xapo and investment banker Peter Smith are also co-signatories. Mike Belshe, CEO of BitGo, sent out the email.

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