SALT, the crypto lending platform, announced that they are adding the mega-famous “joke” altcoin, Dogecoin as collateral for users seeking to leverage their cryptocurrency to get loans in dollars.
This information comes just weeks after SALT did some other improvements to Litecoin backed loans. At the same time, they increased their worldwide presence in international locations like UK, Hong Kong, New Zealand, and Vietnam.
Their official release on Medium states:
… Read the rest
“Dogecoin has a rich history and incredible support from its community, is widely traded, offers high liquidity, and is built using the Bitcoin code base — all factors
Quantum Computers Might Crack Bitcoin Private Keys by 2028—Time Travel Might be a Solution to Keep Blockchain Safe
Bitcoin transactions are basically math puzzles saved in a public network called blockchain. These puzzles used to defend bitcoin are so complex that the most powerful computer available today aren’t effective enough to crack them.
But with the advancing of new technologies like quantum computer systems might be able to crack these puzzles in coming 10 years.
How Does the Bitcoin Private Keys Encryption Work?
Traditional currencies depend upon trusted intermediaries like banks to confirm and store all financial transactions. The cryptocurrency financial system as a new alternative is based on the Blockchain which is a public ledger which is … Read the rest
Nordea Bank on of the banks that attacked bitcoin in January 2018 banning all their 31,000 employees from buying or trading bitcoin was caught in a money-laundering scandal, receiving dirty money from banks inside the Baltics.
Nordea said :
“We are aware of the report, and at Nordea we work closely with the relevant authorities in the countries in which we operate, including the Nordic Financial Intelligence Units,”
The Irony of Fate
This is the second case in the last months that banks with hate speech against bitcoin get caught to be involved in money laundering.
In January Nordea Bank … Read the rest
What is CoinCola?
CoinCola is an online, over-the-counter (OTC) platform for cryptocurrency trading. CoinCola’s peer-to-peer OTC trading platform allows users to buy or sell cryptocurrency using their local fiat currency (e.g. bolivar, pesos, euros etc.).
Users trade directly with each other in a decentralized manner. The platform supports Bitcoin, Ethereum, Tether, Bitcoin Cash, Litecoin and Dash. Unlike traditional coin-to-coin exchanges, you can trade directly with other traders. This process has the advantage of allowing users to trade large amounts of cryptocurrency at a fixed market price, without slippage.
In addition to its OTC trading platform, CoinCola also provides a crypto-to-crypto … Read the rest
Tether price is down by 2.5% and is changing hands at $0.96. Tether price continues to fall as traders are selling USDT and are buying Bitcoin or other cryptocurrencies which made the prices go up for bitcoin at $7,800 and almost all the Altcoins followed by an increase of 10-15% adding to the crypto market another $20 billion capital.
What happened to Tether? Why exchanges are taking USDT down?
Kocoin has suspended USDT trading. They announced in a tweet that deposits and withdrawals are suspended.
… Read the rest
USDT Deposits and Withdrawals Temporarily Closed
Between all the bad comments about Bitcoin, the comment that it “wastes” energy power is the most nonsensical. This way of thinking is contradictory to the fundamentals of the electric power, the way it works and the way markets work.
Electric power is a real-time service which is transmitted by wired lines by specialized companies. It is produced through Nuclear, Hydro Coal, Solar, Wind, etc. Those producers produce energy which is consumed in real time and users are billed per kilowatt-hour. Electricity is used for a lot of purposes like entertainment, heating, cooking, even cars are running on stored electricity … Read the rest