Day: February 5, 2021

XRP NEWS: Decisions, Warnings & Hope – The Time To Make a DECISION Draws NIGH. Here are Some OPTIONS

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Ripple and XRP have taken a beating but the community FIGHTS back with a petition being sent to the WHITE HOUSE! Crypto IRA and market makers are a concern, especially with this Bitcoin and Crypto BULL RUN. ●▬▬▬▬▬▬CRYPTO ESSENTIALS▬▬▬▬▬▬▬● 🟧 (100% FREE!) Simplified Crypto Education (EASY!) 🟧 DAN Website ► 🔹🔷 DAN CARDANO STAKE POOL: 🔷🔹 📙 KEEP all your Seeds & Passwords SAFE in a STONEBOOK 📙 Water/Tear/Tamper Resistant + WRITE IN INVISIBLE INK! 📙 WHY I have a StoneBook- 📙…

Amid ongoing legal proceedings, Bitfinex announces Tether loan repayment

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In a short statement today, Bitfinex — the sister company to centralized stablecoin Tether — announced that it has repaid Tether an outstanding loan balance of $550 million. This action fully closes out a larger $750 million loan from a $900 million credit line first issued in 2018 — a credit line which has been at the center of a market manipulation lawsuit in New York and a broader lawsuit from the New York Attorney General, among other legal proceedings.  “Bitfinex is happy to announce that in January it repaid…

Blockchain Bites: The Weird and Wonderful in Crypto This Week

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Three stories The big news of today, in context. 1. The crypto-bank connection is strengthening. Seattle-based Protego Trust Bank has received conditional approval for a trust charter from the Office of the Comptroller of the Currency (OCC) to custody digital assets. Protego is the second applicant to receive conditional approval from the OCC following Anchorage. It follows several other digital asset companies that have received bank charters, including crypto exchange Kraken and Avanti, which both received state charters in Wyoming. Meanwhile, crypto payments platform Metal Pay has filed to become…

Michael Casey: Enterprise Blockchain Isn’t Dead

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Welcome to Money Reimagined. A snowy week has left New Yorkers chilly. But ether investors must be feeling cosy. Ethereum’s native token has risen more than 25% on the week to clock new record highs and far outpace bitcoin’s gain, while Ethereum-centric decentralized finance (DeFi) data showed new records for total value locked in DeFi. The numbers speak volumes about the symbiotic relationship between DeFi and ether but also show how much pressure is on developers to execute on the Ethereum 2.0 upgrade. The congested network is grappling with sky-high…

A Mysterious Dogecoin Address Absorbed 27% of the Supply, the Top 20 Addresses Captured 50% – Altcoins Bitcoin News

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Just recently, the crypto asset dogecoin has seen some significant price gains and on Wednesday, Tesla’s founder Elon Musk tweeted about the digital currency incessantly. While people have been discussing the dogecoin pumps and Elon’s suggestive tweets, crypto supporters have been discussing a single dogecoin address that holds 36 billion tokens or more than 27% of the entire supply. Dogecoin and the ‘Thickest Wallet’ Dogecoin (DOGE), the meme token that came to life on December 6, 2013, has seen its fair share of market action this year. The token is…

Coinbase outage caused crypto purchase issues, not an intentional ban

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On Jan. 29, a number of Coinbase users reported issues with the platform’s buy and sell functions. The Coinbase difficulties arose just a day after Robinhood barred GameStop share purchases following surging prices on the stock. A recent blog post indicates the Coinbase difficulties arose from an outage, not a ban on trading.  “Between 4:25am and 9:31am PST on Friday, January 29, api.coinbase.com had an outage,” Coinbase said in a post on Feb. 5. “During this time, many users experienced errors while attempting to use the Coinbase app and crypto…

🍓🍓new free bitcoin cloud mining site 2021 without zero investment with live payment proof in Hindi🍓🍓

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Going feeless is the only way to enable blockchain adoption

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Face-to-face transactions are starting to seem quaintly archaic as many countries continue or even expand lockdowns due to the ongoing COVID-19 pandemic. Since the start of the crisis in early 2020, digital transactions have surged, particularly in e-commerce and digital banking. In contrast with face-to-face transactions, such as a direct payment of cash in exchange for a product or service, digital financial transactions typically require an intermediary, such as a credit card agency, payments processor or bank. This intermediary slows the process and, naturally, adds a cost to the transaction.…

Crypto custodian Protego gets national charter from the OCC

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The Office of the Comptroller of the Currency has granted another crypto firm a national charter. Per an announcement shared with Cointelegraph today, Washington-based institutional crypto custodian Protego is the second crypto-native firm to get national licensing from the OCC.  The new charter is conditional, and Protego is authorized as a national trust bank rather than a traditional bank, meaning that it will not handle deposits. Interestingly, Protego is a relatively new firm and is still in the process of organizing. It will have 18 months to launch operations before…

Bitcoin News Roundup for Feb. 5, 2021

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With BTC looking for a breakout as ether notches another all-time high, CoinDesk’s Market Daily is back with the latest news roundup. Add Markets Daily to your Alexa Flash Briefing here. This episode is sponsored by Nexo.io. Bitcoin breaks out, Twitter CEO Jack Dorsey sets up a bitcoin node and Bank of England warns on negative rates. Meanwhile, it’s DeFi that’s mooning. Original