Crypto exchange customers can’t access $190 million after CEO dies with sole password

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Metaverse ETP (ETP)
Metaverse is a blockchain project that provides a foundational infrastructure for social and enterprise needs. Their goal is to construct a universe where digital assets (Metaverse Smart Token) and digital identities (Avatar) build the basis for asset transactions with the help of a value intermediary (Oracle), thus establishing a new blockchain ecosystem that will transform human society and allow us to enter the New Reality. It has a market cap of over $28.3 million, a circulating supply of over 54.9 million and has traded over $3.5 million in the last 24 hours according to CoinMarketCap.com.

ETP/USD is currently testing a resistance area near 0.5111 following a large bearish move on January 28. A close above this level could be an indication that the price may trade in the previous channel with the upside of the channel near 0.7000. A potential stop could be placed below 0.5000 and increased below each successive higher low.

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News To Know
Crypto exchange customers can't access $190 million after CEO dies with sole password
Well, customers of Canadian crypto exchange QuadrigaCX wish its founder, Gerald Cotten, had ignored this advice. Cotten, who reportedly died in December 2018, took with him a costly piece of information — the password to access the customers' digital currency, which is being held in cold storage.

Iran Launches Gold-Backed Cryptocurrency
The Islamic Republic of Iran has reportedly launched a gold-backed cryptocurrency called "PayMon" – the Persian word for covenant – in cooperation with four local banks and the Ghoghnoos Company, in a move made following international sanctions, CryptoGlobe reported.

Fidelity Enters Final Testing Stages for Crypto Platform
The multinational financial services company, Fidelity Investments is currently undergoing the final testing process of its crypto trading and custody platform. This information was released by the American platform in a blog post published last week. As well as Bakkt, the firm looks to offer services to cryptocurrency traditional investors and organizations.

Super Bowl LIII Bets on Augur's Prediction Markets Fail to Gain Much Interest
Recently, several Augur-based predictions markets were launched in order to bet on the outcome of Super Bowl LIII, however none of these markets have received more than $20,000 in interest. The most active Augur-related market questions asked if people think the Patriots would win the Super Bowl. A "no" response means a user is betting that the Long Angeles Rams will win (Patriots' opponent).

Crypto Exchange Kraken Acquires Crypto Facilities
Cryptocurrency exchange Kraken just closed its biggest acquisition to date. The company is buying Crypto Facilities in a nine-figure deal. Crypto Facilities is an exchange and index provider regulated by the Financial Conduct Authority in the U.K. In particular, Crypto Facilities lets you trade futures on multiple cryptocurrency pairs.

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