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Report Says Western Union Could Lose $400M if El Salvador’s Chivo Bitcoin Wallet Gains Traction, Tim Berners-Lee Weighs In – Economics Bitcoin News

boss Bitcoin News, News

The Republic of El Salvador has made many headlines this week as the country adopted bitcoin as legal tender on Tuesday and became the first-known nation-state to purchase the leading crypto asset. A recent report details that remittance providers like Moneygram and Western Union could lose up to $400 million

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Binance crypto exchange outage sparks outrage as traders lose millions

boss Exchanges, News

Outages in crypto exchanges have resulted in losses for investors trying to get out in time. While Binance has been proactive in neutralizing such situations, numerous investors are reportedly seeking damages due to the exchange’s inoperability. Speaking to CNBC, a Binance spokesperson highlighted the company’s policy that promises to compensate actual

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o Access to funds can usually be recovered quickly rather than relying on coverage to payout. o Insurers’ risk is mitigated so theft cover can be offered to users at a greatly reduced cost than would otherwise be possible. “Swaggy now has the opportunity to offer high-value protection for the wallets of its users”, explains Giovanni Lionetti Ceo of SWAG, “thanks to the collaboration with a top brand such as Coincover, a leading digital company that will protect the owners of Swaggy wallets with the best professionalism. This is a double coverage for our users, who will thus be able to further protect their wallet in case of malicious activity and theft. In this way, Swag takes another step forward by further diversifying itself from the market as a premium brand ”. With this agreement, SWAG, today among the fastest growing mining companies internationally, aims to provide a more secure platform for its customers to manage, send and receive payments. Wallet protects aim is to ensure that the customer’s assets are well-protected from any theft and in case of loss of their private key. “This partnership represents another step towards making cryptocurrency safe for everyone to use,” said David Janczewski, Coincover CEO. “Ultimately it means users can be confident they can recover funds if something goes wrong. Problems due to human error can now be avoided by our industry-leading loss prevention technology. This minimises risk and enables coverage for theft and loss by a world-leading insurer for the best price available.” Building the safety standard for cryptocurrency Founded in the UK in May 2018, Coincover provides solutions for crypto ownerships, technology, cyber-security, crypto, and blockchain insurance. The main goal is building the world’s safety standard for cryptocurrency. The company’s services ensure that users and businesses never lose access to cryptocurrency funds due to user error, business or infrastructure failure. By combining advanced technology and insurance-backed guarantees, Coincover provides disaster recovery and business continuity options for cryptocurrency businesses and enables consumers to enter this exciting market safely. The tailor made world of Swag In two years of activity, SWAG has been able to build an important customer base by offering innovative services in the field of mining and e-wallet management. More and more performing machines, agreements with international top players, increasingly innovative technology at the service of its users through a tailor-made and turnkey service, with clear and accessible costs. These are the strengths of SWAG.tegory Bitcoin News

boss Bitcoin News, News

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Weekly Recap: Bitcoin and Ethereum Lose Interest While Technicals Spell Trouble

boss Analysis

Konstantin Anissimov, Executive Director at CEX.IO, shares his insights about the Bitcoin (BTC) and Ethereum (ETH) weekly price movements.Bitcoin Enjoys Crucial Endorsement Closing the Week In the GreenBitcoin opened Monday’s trading session, January 25th, in a good posture. Its price quickly rose by 8.04% from a low of $33,569.60 to

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First Mover: Cryptocurrency Euphoria Hits Breaking Point as Miners Lose Nerve

boss Bitcoin News, News

The recent euphoria in cryptocurrencies morphed into a severe sell-off, as bitcoin prices dove 12% on Monday, which would be the most for a single calendar day since March.Prices for the largest cryptocurrency had soared last week to an all-time high of $41,962, and that level was apparently sufficient to prompt some

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