We sent a modified version of this statement to all affected BitPay cardholders earlier today. We continue to communicate with cardholders as the situation develops. UPDATE, 9 Jan: Cardholders can now request refunds for balances from Wave Crest.
Our team has been working hard toward our goal of adopting a Bitcoin Payment Protocol requirement for all BitPay payments. Last week we took a big first step by requiring Payment Protocol payments for BitPay Card orders. Today
BitPay plans to continue offering service on the main Bitcoin block chain without interruption. Two weeks ago we published an advisory for BitPay users about Segwit2x, a planned change to the Bitcoin protocol. This protocol change would have
UPDATE, 11/10/17: Several companies including Bitmain (a large miner) have suspended Segwit2x efforts. We are still monitoring the situation, but we now believe that bitcoin miners will not activate the protocol change as expected. Bitcoin miners