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Opera Adds Crypto Buying Service, And Coinbase Promotes Basic Attention Token

Opera adds crypto buying service, and coinbase promotes basic attention token

Opera Adds Crypto Buying Service, And Coinbase Promotes Basic Attention Token

Opera adds crypto buying service, and coinbase promotes basic attention token

The market made a slight comeback after yesterday’s bloodbath. While most cryptocurrencies are flashing green right now, they’ve changed by less than 1%. The total market cap added about $1.1 Billion in the last 24 hours. However, the overall outlook is still extremely bearish, and Bitcoin is expected to fall further. It has managed to defend its support at $3,400 in the short-term. However, in the long term, significantly lower lows are expected before the bulls return.

In other news, Abra, a crypto investment app, recently revealed a new feature that will allow users to purchase traditional equities and exchange-traded funds (ETFs) using ₿itcoin. The platform offers 50 different assets, including stocks like Google, Amazon, Facebook, commodity funds like the SPDR Gold Trust. Users can also invest in indices like the S&P 500 and the Russell 2000. Also, QuadrigaCX was recently granted creditor protection by the Nova Scotia Supreme court. Creditor protection provides the exchange with 30 days to access funds which are supposedly locked away on the former CEO’s laptop. Recent reports also show that Cotten filled a will 12 days before passing away and his wife Jennifer Robertson is listed as the executor of his estate. In the filed affidavit Robertson said that her husband’s laptop was encrypted and “despite repeated and diligent searches, I have not been able to find them (the passwords) written down anywhere.”

1) On Wednesday Opera announced that its Android users can now purchase Ethereum directly from its browser-based wallet. The new service comes as part of a partnership with Safello cryptocurrency brokerage. The crypto purchasing option also allows users to buy Ethereum using credit and debit cards and users in Sweden can use the Swish payment network. Currently, Ethereum purchases are only allowed in Sweden, Norway, and Denmark. Opera’s crypto product lead, Charles Hamel said topping up a wallet will take “less than a minute” and he explained that “the next important phase for crypto will come from usage and that for it to reach wider adoption, it has to be easy to buy and easy to use.” Opera unveiled its “Web 3-ready” Android browser-based wallet in December of 2018 and the wallet supports Ethereum and ERC-20 tokens. (Read More)

2) U.S.-based cryptocurrency exchange Coinbase has given users a way to earn Basic Attention Token (BAT), which is the cryptocurrency of the Brave browser. The Coinbase Earn page lets users earn up to $10 worth of BAT tokens by engaging with educational content and performing interactive tasks. Coinbase Earn is open to the public to participate, but apparently, users must receive an emailed invitation to begin earning BAT. A waitlist is available for users who would like to be notified when earn opportunities arise. To qualify, complete the identity verification process on Coinbase and opt-in for marketing communications. (Read More)

3) Zurich, Switzerland-based stock exchange SIX Swiss Exchange, which supports stocks, bonds, ETFs, etc., plans to integrate the blockchain into a digital trading platform later this year. The exchange boasts daily trading volume of nearly $5.2 billion. SIX Swiss Exchange became interested in the blockchain for the security and efficiency this technology brings to bear for the clearing and settling of trades in the stock market. SIX Swiss Exchange CEO Jos Dijsselhof is cited in Cointelegraph as saying that currently, it takes two days for stock trades to settle. With a blockchain-fueled digital trading platform, the settlement time is slashed to a matter of seconds. Dijsselhof has a vision for “a whole new stock market on the blockchain with completely integrated trading, handling, and custody of digital assets.” The exchange’s digital platform is expected to make its debut in the summer of 2019. (Read More)

Published at Thu, 07 Feb 2019 15:08:36 +0000

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