60 Second Video News Summary – Jan 29, 2018

7 months ago admin2 Comments Off on 60 Second Video News Summary – Jan 29, 2018

Hi, I’m Nate Martin from 99Bitcoins.com and here’s what happened this week in Bitcoin in 60 seconds.

Tether, the issuer of the dollar-pegged cryptocurrency USDT, said its relationship with audit firm Friedman LLP has ended. The statement confirms online suspicions and is likely to raise new questions about the company’s finances.

Coincheck, One of Asia’s biggest digital currency exchanges, has admitted the loss of over $400 million worth of cryptocurrency following an attack on its network. The company has since suspended most trading and withdrawals, and is working to trace where the missing digital currency ended up.

Indian Bitcoin exchanges experienced banking freezes ordered by that nation’s financial overseers. At least 5 banks have suspended accounts of crypto exchanges. Indian trading volume currently accounts for about 10% of global volume.

Mobile stock-trading app, Robinhood, announced that they’ll be introducing free cryptocurrency trading. Supported coins include Bitcoin, Ethereum, Ripple, Bitcoin Cash and many other altcoins.

That’s what happened this week in Bitcoin. See you next week.

99bitcoins.com

Related Posts

By: Wonsz Boa

admin2 10 months ago
2.2k SHARES Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. Do you wonder where you can get some free bitcoins? For many of us,... Read More

Blockchain & Family Trees

admin2 3 months ago
A hot topic in the news recently was the Royal Wedding between Prince Harry and Meghan Markle. In most relationships, people want to make sure they are not related... Read More

Interview With Mark Bern

admin2 7 months ago
Mark Bern is a prominent digital artist who started using Bitcoin to sell his artwork in 2012. Bern got started with his digital art projects using a Comodore 64,... Read More

Miners Should Always Make Sure That in the End They Are on a Positive Balance – Ami Turgman of Microsoft

admin2 5 months ago
It’s problematic to say which protocol – Proof of Stake or Proof of Work – is more promising due to the whole bunch of unresolved issues, notes Ami Turgman,... Read More