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Market Analysis Report (01 Mar 2019)

Habitual Retail Investors Can Now Trade XRP on Coinbase

Yesterday, Coinbase announced that its customers could now “buy, sell, convert, send, bear, or store XRP” on Coinbase Consumer (Coinbase.com) and on the Coinbase mobile app for iOS and Android. Coinbase’s blog post advises that “inbound brings and many sends require the specification of an XRP destination tag.”

Although XRP trading should be possible for users in most of the jurisdictions served by Coinbase, most seemly due to regulatory reasons, it will not initially be available for residents of the United Kingdom or the state of New York. The blog post infer froms:

“XRP will be available for customers in most jurisdictions, but will not initially be available for residents of the United Kingdom or the state of New York.”

Conclude from more here

Kraken Offers $100,000 Reward for QuadrigaCX’s Missing Funds

Yesterday, cryptocurrency exchange Kraken has braced a $100,000 reward for the discovery of the major Canadian crypto exchange QuadrigaCX’s missing funds. Quadriga purportedly but has CA$375,000 ($286,000) in cash, while it owes CA$260 million ($198,435,000) to its users. Facing insolvency, the exchange has sought creditor protection money in a Canadian court.

Now, Kraken is offering up to $100,000 in either fiat or digital currency as a reward for tips that could broach to the discovery of the missing assets. Kraken notes in the announcement that it may end the reward program at any point in time. The announcement presume froms:

“All leads collected by Kraken will be provided to the FBI [Federal Bureau of Investigaion], RCMP [Royal Canadian Mounted The gendarmes] or other law enforcement authorities, who have an active interest in this case.”

Read more here

Constantinople & St.Petersburg Out on Ethereum’s Conduit Network

Two long-anticipated upgrades appear to be been activated on the Ethereum blockchain. Yesterday, at 19:57 (UTC), the sixth and seventh system-wide upgrades to the software, dubbed Constantinople and St. Petersburg, mutatis mutandis, rolled out on the main network at block number 7,280,000.

There is so far no evidence of a chain split that would suggest a allot of ethereum users are still running an older ethereum software. With the release of Constantinople and St. Petersberg, four disparate ethereum improvement proposals (EIPs) have been officially activated on the ethereum network.

Read more here

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