According to an update on the crypto platform’s help page, Coinbase wallet will no longer support payment network Ripple’s XRP token. The digital asset is not the only cryptocurrency Coinbase has delisted as Bitcoin Cash, Ethereum Classic, and Stellar will also be unavailable. Coinbase Halts Wallet Support for XRP, BCH, ETC, and XLM The delisting will take effect from January next year and Coinbase’s wallet application will drop support for the aforementioned tokens. Coinbase Wallet like MetaMask and similar providers…
Tag: Galaxy Digital
Galaxy Digital: Bitcoin Consumes Less Energy Compared to Banking and Gold
As Bitcoin and blockchain gain momentum at the corporate level, Galaxy Digital has released a report on Bitcoin energy consumption. The report describes how the network consumes less energy than traditional financial industries and its value. The report comes days after Tesla CEO Elon Musk, the most significant vocal fan of cryptocurrencies on social media, banned bitcoin as a form of payment for Tesla products. He blamed the use of fossil fuel for bitcoin mining and transactions. The ban came…
2 years ago 
429
views
Irish Central Bank Says Bitcoin Investors Should Be Prepared To “Lose All Their Money”
The unfriendly relationship between cryptocurrencies and central banks doesn't look like it's ending soon. In a recent interview with Bloomberg, the governor of the Central Bank of Ireland, Gabriel Makhlouf, warned the general public about the risks of investing in crypto assets, bitcoin in particular. Mirroring the same warnings the United Kingdom's Financial Conduct Authority made recently, Makhlouf said he supports the UK regulator, noting that those investing in Bitcoin should be "prepared to lose all their money." Although the…
2 years ago 377
views