Iran to launch their own stablecoin

Nextblock Daily Update – January 28th 2019

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Bitcoin
Over the last 24 hours, Bitcoin is -2.98% at $3,483.21

🔼A link to a phishing LocalBitcoins clone website had been placed on the official LocalBitcoins forum, but the attack has since been stopped. A LocalBitcoins community manager warned of the attack on Reddit on Jan. 26. According to the post, an unidentified hacker or hacker group detected a security vulnerability in the LocalBitcoins forum and linked it to a phishing forum. Even before the official communication, a Reddit user warned in a post on the Bitcoin (BTC) subreddit https://goo.gl/Sq6cBP

Ethereum
Over the last 24 hours, Ethereum is -6.81% at $107.70

🔼Iran could unveil its state-backed cryptocurrency at the Electronic Banking and Payment Systems conference in Tehran this week, local English-language news outlet Al Jazeera reported on Jan. 27. Iran, which has faced fresh sanctions from the United States since November, had previously planned to use blockchain-based financial tools as a way of sidestepping restrictions on its economic growth. Though a central bank-issued digital currency (CBDC), which could be a rial-backed crypto, it was thought Tehran could forge an alternative to SWIFT, the global settlements system that some Iranian banks cannot access. https://goo.gl/5W1Nfz

Ripple
Over the last 24 hours, Ripple is -4.29% at $ 0.298489

🔼The Vienna-based Fintech startup Transpaygo will be using xRapid to make transfers in Mexico and the Philippines while its founder believes blockchain technology used by Ripple will have a major impact on the “future of international exchange rate transfers.” “In this cooperation, we see the future” Transpaygo has been one of the latest additions to Ripple’s list of partners. The Vienna-based Fintech startup that specializes in international payment transfers for small and medium-sized enterprises will be using the XRP-powered xRapid for cross-border money transfers. https://goo.gl/fcMbpN

Today’s Stats:
Top Volume: Bitcoin ($6,148,497,894)
Top Mover: PundiX (+19.01%)
Top Shakers: THETA (-15.18%)

(Based on the Top 100 Cryptocurrencies by Market Cap)

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