There are reports that Bitfinex is down still, and it’s possible Coinbase is down for a few users as well … late Monday that online trading of digital currencies may not be safe. The market isn’t regulated yet, so investors have no protections.
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A new solution from Coinbase costs 1.2% of the bitcoin’s value each year … there is little reason it should cost 15 times more for bitcoin to be stored in similarly safe solutions. For now, though, it’s easy money for the custodians, who are …
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