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Monday, February 4, 2019

The Bitcoin currency has officially entered the biggest decline in history. The world's oldest digital currency, reached its all-time high on December 7, 2017, touching $ 19,764 since the currency hit a record low, making February 4th, 2019, the day's 431 consecutive decline.

The Canadian trading scene, QuadrigaCX, has announced bankruptcy when it owes $ 200 million to its customers. According to the company's website, access to the stock's cold wallets has been lost.
The allegation is that the founder, Gerry Cotton, died on a charity trip to India, leaving no backups for the wallets. Some suspect that this is a fraud that has gotten out of hand.

Still in the stock market, New Zealand's trading arena Cryptopia was breached for the second time in two weeks.
After 17,000 Atrium coins were stolen for the first time, another 1675 coins were stolen.

According to the legislature's website, Wyoming, the United States, published on January 31 a bill that would allow digital currencies to be used as money. The bill defines digital currencies as a tangible asset, and they will be limited by the same laws as the Fiat money. In fact, the proposal authorizes the banks to take care of their customers in digital assets. The offer will take effect on March 31.

Finally, Twitter CEO Jack Dorsey was hosted on Joe Rogan's famous podcast. Dorsey said he thought Bitcoin would be the currency of the Internet.
Courtesy: https://macrobit.co.il

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