Cryptocurrency Exchanges Could be a Dangerous trap for your Digital Assets

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Bitcoin Gold (BTG)
Bitcoin Gold is a cryptocurrency with Bitcoin fundamentals, mined on common GPUs instead of specialty ASICs. ASICs tend to monopolize mining to a few big players, but GPU mining means anyone can mine again – restoring decentralization and independence. GPU mining rewards go to individuals worldwide, instead of mostly to ASIC warehouse owners, recreating network effects that Bitcoin used to have.

It has a market cap of over $179.5 million, a circulating supply of over 17.5 million and has traded over $8.1 million in the last 24 hours according to CoinMarketCap.com.

BTG/USD has been trading in a downward channel since late December and is looking to break out of it today with a close above $10.50. A potential target is the 50% retracement level of the downtrend near $13 with a potential stop below $9.50.

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News To Know
SEC Commissioner Says Bitcoin ETF Will Be Approved 'Eventually'
A commissioner at the U.S. Securities and Exchange Commission (SEC) believes a bitcoin exchange-traded fund (ETF) will ultimately be approved. Robert J. Jackson Jr., in an interview published by government-focused news source Roll Call on Wednesday, said: "Eventually, do I think someone will satisfy the standards that we've laid out there? I hope so, yes, and I think so."

Coinbase BATs 300 With Free Money Promo
Coinbase has launched Coinbase Earn for Basic Attention Token (BAT), which gives users the ability to earn up to $10 worth of BAT for engaging with educational content. It's the latest in a series of earn-and-learn pages, the first of which featured the 0x (ZRX) token at year-end 2018.

Opera's Android Browser Moves to Make Crypto Purchases Easier
Users of the newly Web 3-enabled Opera browser for Android, are now able to buy cryptocurrency directly and easily from their mobile phones to top up its native crypto wallet. According to a recent announcement by the team behind the crypto-friendly web software, a new partnership with brokerage Safello will allow Nordic users - those in Sweden, Norway and Denmark, at least - to make use of the native Android security features and payment systems to purchase ether. All the sign up procedure for the transactions are handled automatically based on the Sweden-based BankID 'Citizen Informations' solution, and data held by the phone for other digital purchase methods.

Ethereum Constantinople, What's Going On With The Upgrade?
The update, known as Constantinople, is the latest in Ethereum's recent network system upgrades but because of a vulnerability in Ethereum Improvement Proposal (EIP), 1283, which allows for a reentrancy attack, Constantinople was delayed. The core Ethereum developers had a meeting two days after the update was initially meant to go live to talk about the next steps and ultimately decided to postpone the network upgrade until 27th February, leaving investors and fans a little bemused to say the least.

Cryptocurrency Exchanges Could be a Dangerous trap for your Digital Assets
Not long ago, the many reports to create awareness to cryptocurrency investors on the very big gap that lies in storing digital assets on the exchange platforms were better explained by true-life experience. It was widely reported on various news websites concerning the Canadian based cryptocurrency exchange founder who died with the password to millions of dollars.

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Source: Coinmarketcap.com
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