LetBet aims to create a platform where intrinsic faith amongst players, developers and service providers can be restored with the help of a decentralized system which utilizes smart contracts through blockchain semantics.
Recently regulators and traditional financial institutions all over the world have been getting back at cryptocurrency following the increasing popularity of bitcoin and other major cryptocurrencies. In Kuala Lumpur Malaysia this week, Bank accounts belonging to cryptocurrency trading Platform Luno was frozen by the Inland Revenue Board of Malaysia, the country’s tax authority.
On saturday last week a group of unknown hackers made off with about 669,920 stellar lumens cryptocurrency from the web based wallet provider that stores lumens Blackwallet in an online attack. The attack is said to have been anticipated by the wallet admin and users pre-warned.
On January 15, the Minister of the Economy Bruno Le Maire announced that it would soon create a “digital currencies mission” and formulate a working group that pertaining to the regulation of cryptocurrencies whose head would be Jean-Pierre Landau
In this week’s price analysis we will see what is happening right now in the crypto-world and analyze the price drops in the major cryptocurrencies and if there are any investment opportunities right now.
Aleksander Berentsen and Fabian Schär of the Federal Reserve Bank of St. Louis in their latest article presented the fundamentals of bitcoin and other cryptocurrencies highlighting its utility and robustness.
The threat of South Korean regulators banning crypto trade and China banning the mining of bitcoins has provoked an enormous sell-off of Ripple, Bitcoin, Ethereum along with all the top 100 cryptocurrencies