Crypto News 

Venezuela President Maduro Touts Trezor Bitcoin Wallet on National TV

“The official company said that they have not official resellers in Venezuela, noting they were not aware of the issue” writes Helen Partz for cointelegraph.com. In a news segment titled “Private companies of cryptocurrency are operative in Venezuela,” Maduro was meeting a company that introduced themselves as alleged representatives of Trezor in Venezuela, Trezorvenezuela.On Nov. 6, President of Venezuela, Nicolas Maduro appeared on state-run television station Venezuelan Television Corporation (VTV), holding a crypto hardware storage device allegedly developed by major wallet supplier Trezor.Following the reports on social media, the official…

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Crypto News 

Coinbase Cryptocurrency Exchange Opens Tezos Staking to All US Customers

“United States-based cryptocurrency exchange and wallet service Coinbase said today that it has expanded access for staking the cryptocurrency Tezos (XTZ)” writes Joeri Cant for cointelegraph.com. In exchange for locking up their assets in a staking wallet, customers get rewarded with more assets from the network.Kathleen Breitman, co-founder of Tezos, said at the time: After today, all eligible Coinbase customers holding Tezos on the exchange will be able to collect an estimated return for Tezos staking of around 5% per holding period of 35–40 days.Coinbase has been actively expanding its…

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Crypto Markets News 

3 Reasons Why One Trader Didn’t ‘Manipulate’ Bitcoin Price to $20K

“Its issuance, researchers argue, coincided with Bitcoin price jumps” writes William Suberg for cointelegraph.com. Bitcoin (BTC) price highs in 2017 were not the result of a single trader on an exchange, the CEO of payment company Circle claims.But while Bitcoin’s price is now 50% lower, Tether’s market cap has increased four times over to current levels of $4.1 billion.So an analysis that shows that ‘a single wallet’ was involved in flows from Bitfinex to other exchanges is meaningless.Bruce Fenton, former executive director of the Bitcoin Foundation, criticized the technical proficiency…

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Crypto News 

Did Golix Exchange CEO Lose the Bitcoin Wallet Password?

“Initial reports on iHarare pointed to the fact that the Golix CEO Tawanda Kembo lost the password to the companies cold bitcoin wallet” writes Blocknewsafrica Is A for blocknewsafrica.com. In recent headlines, the Golix CEO is facing accusations that point to the fact that he lost the password to the company’s bitcoin wallet. Similarly Sato Wallet, a popular Nigerian cryptocurrency wallet also attributed their loss of millions of funds to a cloud service hack.In the post, Kembo addressed the bitcoin password loss and alleged withdrawal issues on their platform. Source: blocknewsafrica.com

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Crypto News 

Former US Congressman Ron Paul Receives His First Bitcoin

“Former Texas Republican congressman and presidential candidate Ron Paul received his reportedly first Bitcoin (BTC) from Bitcoin Foundation board member and Bitcoin wallet startup Ballet Crypto founder, Bobby Lee, on Oct. 28” writes Adrian Zmudzinski for cointelegraph.com. With regards to Bitcoin, Paul noted in July that he’s in favor of cryptocurrencies and blockchain technology because he supports competing currencies.Lee publicly announced the gift he had given to Paul on Nov. 2, noting that the coin has been loaded into a gold-plated Bitcoin wallet produced by his company Ballet Crypto.He added…

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News 

Is Uber Wallet a challenger bank—or something more ambitious?

“The key to Uber Wallet is its longstanding relationship with Green Dot, which since 2016 has provided Uber with a digital bank account” writes Kate Fitzgerald for paymentssource.com. The services leverage Uber’s existing relationships with Green Dot Corp. and Barclays to bring a growing range of financial services together in one place— with hints of more financial services products to come. Source: paymentssource.com

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Crypto Markets News Platforms 

End of Ban? China Merchant Bank Invests in Crypto Wallet Platform

“This time, major financial players are not shy to dip their toes in the wild industry as the China Merchant Bank reportedly invested in the crypto wallet platform BitPie” writes Arnab Shome for financemagnates.com. Through the crypto industry in the country remains in a blackout for over 2 years, the wallet platform successfully retained its customer base by relocating its base to Australia.However, the sector vanished overnight as the Chinese government put a blanket ban on initial coin offerings (ICOs) and centralized crypto exchange in September 2017.BitPie is one of…

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