How to Install your Embedded Vault

Cryptocurrency during the past year has soared to new highs coupled with the need to protect them. Embedded Vault can do just that. Embedded Vault is the world’s most secure cryptocurrency software wallet that can turn your PC into a secure hardware wallet.   Current Requirements for Embedded Vault: Android Smartphone with Fingerprint scanner and Bluetooth Windows PC with Bluetooth       Embedded Vault currently supports popular cryptocurrencies such as Bitcoin, EOT Coin, EOT Token, Waves and also provides an exchange between EOT tokens to EOT coins.   The…

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More Banking Woes For Bitcoin

JPMorgan Chase & Co., Bank of America Corp. and Citigroup Inc. all announced a ban on purchases of Bitcoin and other cryptocurrencies on their credit cards.   JPMorgan, enacting the ban Saturday and Bank of America started declining credit card transactions with known crypto exchanges on Friday.   Full story: – https://www.bloomberg.com/news/articles/2018-02-02/bofa-to-decline-all-cryptocurrency-transactions-on-credit-cards     This comes after Visa suspended a number of crypto prepaid cards in January without warning and a number of Bitcoin companies including Bitwala announced that their banking services were suspended.   Shortly after that payment processor…

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What happens to your Bitcoin Hardware Wallet when the Blockchain Explorer goes down?

 With all the news about hacking and lost cryptocurrencies, people are looking for safe alternatives for storing their Bitcoin and other currencies. The “Hot” alternative at the moment is so-called “hardware wallets”, these tend to be a much better alternative than centralised wallets like those on exchanges or provided by popular providers.   It seems though that some Bitcoin owners are confused about where their coins are kept. It is important to understand that your cryptocurrency never leaves the blockchain, so coins are not kept “in a wallet”. What the…

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Bit-Media Embraces Steemit

Bit-Media, a provider of Bitcoin, Crypto and Fintech news announced today that it will embrace decentralised blogging platform Steemit.   Steemit had become a popular site for bloggers as it has a reward program for content creators and curators.   Recently, crypto influencers like the Dollar Vigilante joined steemit giving the platform a boost.   Bit-Media announced that they will post all blog content and news on their steemit site and will also promote these on the Bit-Media Twitter, Facebook and other social media.   Bit-Media currently has more than…

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New Bitcoin Bombshell Prediction – Cryptocurrency to hit $ 50k this year

  Amongst all the bearishness and predictions of a Bitcoin Crash one analyst speaking at the World Economic Forum in Davos,  Jeet Singh, a cryptocurrency portfolio manager for the last six years, says it is common for virtual currencies to fluctuate by 70 or 80 percent.     He explained that one should compare cryptocurrencies, such as Bitcoin, EOT, and Ripple, to early tech giants like Microsoft.   He said: “If you look at Microsoft or Apple when they went public their stocks were very volatile because the market wasn’t…

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Japan Bitcoin Exchange Coincheck will repay Stolen Funds

It was reported on Friday that Coincheck, a Japanese Bitcoin exchange suspended all withdrawals after a massive hack that shocked the market.   Full Story: – Bitcoin chaos in Japan as CoinCheck freezes all withdrawals   It was reported in the Guardian today that the Coincheck cryptocurrency exchange will refund customers about $400m (£282m) stolen by hackers two days ago in one of the biggest thefts of digital funds. Coincheck affirmed that it would use its cash holdings to reimburse 260,000 people for the value of 46.3bn yen who lost…

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Protect yourself – 90% of Bitcoin Value could be wiped out

  Wall Street veteran Peter Boockvar predicts an epic crash will hit the cryptocurrency market, he does not know how and when but he is convinced it is upon us.   Boockvar is the chief investment officer at Bleakley Advisory Group and was interviewed by CNBC, “Futures Now.”  – “When something goes parabolic like this has, it typically ends up to where that parabola began”   “I wouldn’t be surprised if over the next year it’s down to $1,000 to $3,000” he added. That would be a 90% drop from current…

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Robin Hood steals from the Rich and gives to the Poor with free Bitcoin trading

Coinbase charges a fee of 1.5% to a staggering 4% on Bitcoin and another cryptocurrency trading.   A stock trading app, Robinhood, will let you buy and sell Ethereum and Bitcoin with zero added fees and as from today, Robinhood will let all users track the price, news, and set up alerts for top crypto coins including Litecoin and Ripple.   Robinhood stressed that they will operate on a break-even basis to keep growing the 3 million users it already has.   Robinhood founders Baiju Bhatt (left) and Vladamir Tenev…

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How 50 Cent made $ 7 Million in Bitcoin

It was called Animal Ambition,  a 2014 album by rapper, 50 Cent. The rapper probably never dreamt that the value of Bitcoin would skyrocket when he agreed to take proceeds from album sales in Bitcoin. These sales are now reportedly worth more than $7.5 million.   In a comment that could either amaze or exasperate people who would love to find a pile of money, 50 Cent added, “I’m a keep it real. I forgot I did that s***.”   It was reported that Animal Ambition brought the rapper around…

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Stripe draws a line through Bitcoin

  Payment processor stripe announced on Tuesday that it will end support for bitcoin as a payment method in April.     Product manager Tom Karlo writes in a blog post:   “Our hope was that Bitcoin could become a universal, decentralized substrate for online transactions and help our customers enable buyers in places that had less credit card penetration or use cases where credit card fees were prohibitive. Over the past year or two, as block size limits have been reached, Bitcoin has evolved to become better-suited to being…

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