Bitcoin aide l’industrie des logiciels de rançon

Nous vivons dans un monde où les effets de second ordre de l’argent sans permission – comme l’utilisation accrue de logiciels de rançon – sont déjà évidents.

Qu’ont en commun le fabricant de montres intelligentes Garmin, l’assureur israélien Shirbit, le fabricant d’électronique Foxconn, le comté du Delaware en Pennsylvanie, la société de change Travelex, le producteur d’alcool Campari et le système scolaire public de Baltimore ?

L’émergence de Crypto Trader a facilité un crime qui n’était pas possible auparavant. Pourtant, il n’y a aucune raison pour que l’utilisation de bitcoin à des fins de rançon ne soit envisagée que pour la criminalité en ligne. Lorsqu’un homme d’affaires américain a été kidnappé au Costa Rica en 2018, ses ravisseurs ont exigé (et reçu) une rançon en bitcoin. Les cas connus de kidnapping de bitcoin sont rares à l’heure actuelle, mais ce n’est qu’une question de temps avant que les ravisseurs ne comprennent le marché des produits. En fait, l’adoption des bitcoins connaît la croissance la plus rapide dans des pays comme le Nigeria, où le kidnapping a été qualifié d'“industrie en pleine croissance“.

Ils ont tous été touchés par des attaques de rançon au cours de l’année dernière.

Boaz Sobrado est un analyste de données basé à Londres et un passionné de cryptocourant.

Les attaques de type „rançon“ sont des attaques par lesquelles des pirates informatiques accèdent aux systèmes informatiques de la victime, et menacent de les exposer ou de les rendre inutilisables à moins que la victime ne paie une rançon. Les attaques sont de plus en plus professionnelles. Les victimes sont dirigées vers un site de „soutien aux utilisateurs“ où elles peuvent discuter avec les opérateurs du logiciel de rançon. Parfois, elles peuvent voir le tic-tac d’une horloge : Si la rançon n’est pas payée dans les 24 heures, le montant de la rançon double.

La pandémie COVID-19 a forcé même les entreprises réticentes à commencer à travailler à distance, ce qui a été une bénédiction pour les opérateurs de logiciels de rançon. Le paiement moyen d’une rançon au deuxième trimestre 2020 était de plus de 178 000 $, ce qui représente une augmentation de 60 % par rapport au premier trimestre 2020. Les opérateurs de rançon ont également amélioré leurs méthodes. Alors qu’il y a quelques années, les attaques se faisaient surtout par „pulvérisation et prière“, les pirates informatiques choisissent maintenant délibérément leurs cibles et ajustent le montant des rançons en fonction de ce qu’ils pensent que ces cibles peuvent payer. La rançon n’est souvent qu’une partie du coût.

La société danoise ISS a estimé qu’un incident de rançon en février lui coûterait entre 45 et 75 millions de dollars en mises à jour informatiques et autres mesures. Ces rançons sont presque toujours payées en bitcoin.

On estime que les opérations de rançon causeront 20 milliards de dollars de dommages cette année.

L’industrie des rançons connaît une croissance rapide, et les gouvernements en sont de plus en plus conscients. Le 6 janvier, le Bureau fédéral américain d’enquête (FBI) a lancé un avertissement au secteur privé concernant Egreror, un opérateur de logiciels de rançon qui a touché Barnes & Noble, Kmart et Ubisoft. Le chroniqueur de CoinDesk, JP Koning, a plaidé pour que le gouvernement interdise aux entreprises de payer des rançons, afin de réduire l’incitation des criminels à s’engager dans ces attaques. Nous sommes un hacker très en vue, à l’écart des rançons qui sont un sujet de politique générale.

„Nous sommes à deux doigts de faire des rançons un sujet de politique générale“.

Le paiement de rançons sur les bitcoins peut permettre de nouvelles formes de criminalité dans le monde réel. Dans le passé, les pirates somaliens risquaient leur vie pour obtenir une rançon qui devait être versée par hélicoptère. À l’avenir, les pirates pourront simplement diriger un navire chargé d’explosifs et télécommandé à côté d’un pétrolier et tweeter une image avec une adresse en bitcoin à la compagnie maritime. Les jets privés qui décollent de Davos pourraient se faire aborder par des avions autonomes qui menaceraient de percuter le gouvernail si les demandes ne sont pas satisfaites.

Bitcoin est une monnaie numérique très liquide et résistante à la censure. Ces propriétés le rendent attrayant pour les criminels mais aussi pour les militants pro-démocratie. La Fondation des droits de l’homme a défendu le bitcoin pour son rôle important dans l’aide aux manifestants en Biélorussie, à Hong Kong et au Nigeria. Le bitcoin est également de plus en plus accepté comme une protection efficace contre l’inflation et la confiscation par le gouvernement à Wall Street.

Alors que des personnes comme la représentante américaine Rashida Tlaib, Jamie Dimon de JPMorgan et le président sortant Donald Trump continuent de critiquer les monnaies numériques, le chat est sorti du sac. Nous vivons dans un monde où les effets de second ordre de l’argent sans permission sont évidents, et il n’y a pas de retour en arrière. Il suffit de demander aux PDG de Garmin, Travelex, Campari ou Foxconn.

O desaparecimento do dólar americano será logo atribuído ao aumento do bitcoin – Max Keiser

O aumento da parabolização da moeda criptográfica líder mundial já está fora do gráfico de impressão de dinheiro dos EUA, mas ao contrário do „fiat money“, vai continuar aumentando. Os anfitriões do Relatório Keiser da RT, Max Keiser e Stacy Herbert, explicam o motivo.

Os milhões de investidores que apostam no bitcoin, incluindo grandes armas como Paul Tudor Jones e BlackRock, não têm que temer que seu investimento seja extinto pela financeirização, ao contrário dos „vigilantes“ do ouro e dos títulos, disse Max no último episódio do programa. É por isso que o investimento deles está aumentando de valor, acredita ele.

Eu prevejo que, muito em breve, você começará a ver manchetes no Bloomberg, o New York Times, o Wall Street Journal que dizem: ‚o dólar americano está em baixa hoje por causa da subida do bitcoin‚“, disse ele, ao explicar por que o poder dos bancos centrais está diminuindo. „Uma vez feita essa conexão… você vai ver um aumento no preço do bitcoin e o colapso total no preço do dólar“.

O analista de metais preciosos Craig Hemke juntou-se ao programa e previu que o dólar, que terminou 2020 em queda em relação às principais moedas, cairia ainda mais este ano. De acordo com sua previsão, ele poderia „cair facilmente mais 10%“ em 2021. Isso, por sua vez, poderia impulsionar um rally em prata e outras commodities, acrescentou ele.

La proporción de NVT de Bitcoin sugiere que BTC puede ver otro ‚movimiento explosivo‘ como picos de interés de búsqueda

La métrica popular sugiere que el encierro de Bitcoin está empezando, no terminando, según un informe de Stack Funds.

Bitcoin (BTC) puede haber alcanzado nuevos máximos históricos de 37.600 dólares, pero un indicador sugiere que se aproxima otra corrida de toros.

Publicados en el último informe semanal de Stack Funds, los datos de la relación valor-transacción (NVT) de la red de Bitcoin Profit siguen siendo firmemente alcistas.

Informe: NVT sugiere que Bitcoin „no está sobrevalorado“

Según los analistas de Stack, a pesar de que Bitcoin ya ha ganado un 30% en 2021, las ganancias están lejos de haber terminado. Lejos de advertir que la cima es inminente o que ya está aquí, NVT recuerda el comienzo de un encierro, no el final.

„Actualmente, NVT está cotizando en la manilla 70, y se encuentra aproximadamente en la mitad del rango. Esto sugiere que Bitcoin no está en el territorio sobrevalorado a pesar del reciente repunte de precios de las últimas semanas“, resume el informe.

„En todo caso, un pico potencial en la proporción de NVT podría significar que Bitcoin está listo para otro movimiento explosivo hacia arriba“.

En un gráfico adjunto se destaca una divergencia en la tasa de NVT frente al precio similar a las que precedieron a las ganancias en 2017 y 2019.

Stack señaló además el curioso contraste entre los furiosos mercados de valores criptográficos y los poco impresionantes, que a pesar de haber alcanzado o estar cerca de alcanzar sus máximos históricos no han logrado dar pasos decisivos en lo que va de año.

Los consumidores habituales se despiertan con Bitcoin

Sin embargo, a medida que Bitcoin y Altcoins ganan, la conciencia pública está respondiendo de la misma manera. Un vistazo a los datos de Google Trends muestra que el interés por el término „Bitcoin“ en todo el mundo está ahora en su punto más alto desde febrero de 2018.

Con la tendencia prevista de alcanzar esta semana casi el 70% del pico de 2017, el interés añadido podría por sí mismo perpetuar el mercado alcista gracias a la curiosidad que se convierte en compras a través de las principales rampas como Square’s Cash App y Coinbase.

Lejos de la venta al por menor, mientras tanto, el estadístico Willy Woo señaló que los individuos de alto valor neto están „probablemente“ alimentando gran parte de la demanda gracias a que Bitcoin ha obtenido el sello de aprobación de las instituciones.

„Es la temporada de desove de las ballenas“, escribió el jueves.

„Mientras que la narración es dinero institucional, esta fase, la OMI, es realmente las instituciones han dado validación a Bitcoin, y ahora tenemos oficinas familiares que sirven a los ricos que se apresuran a necesitar exposición. Hay muchas peticiones de compras de más de un millón de dólares“.

Otro tweet explicaba el ímpetu detrás de las súbitas ganancias de precios, que equivalen a una guerra de precios por el decreciente suministro de BTC.

„Cuando tienes muchos compradores compitiendo entre sí por las monedas, no te quedas sentado y esperas a que el mercado llegue a tus ofertas bajas. La prima del precio sube“, escribió Woo.

Market Wrap: Bitcoin Cai Brevemente Perto de $ 28K À medida que os Futuros do Ether esquentam

Os investidores de bitcoins superalavancados no mercado de derivativos levaram à liquidação de segunda-feira, enquanto os mercados à vista e de futuros estão começando a receber muito mais atenção.

Bitcoin (BTC) sendo negociado em torno de $ 31.444 a partir das 21:00 UTC (16:00 ET). Caindo 5,7% nas últimas 24 horas.

BTC ligeiramente abaixo de sua média móvel de 10 horas e bem abaixo da média móvel de 50 horas no gráfico horário, um sinal de baixa para os lados para técnicos de mercado.

Negociação de Bitcoins no Bitstamp desde 1º de janeiro

O preço do bitcoin caiu na segunda-feira, devido a uma onda de pressão de venda. Por volta das 10:00 UTC (5 am ET), bolsas à vista como a Coinbase viram um número maior do que o normal de negociadores acertando a venda, com 6.000 BTC em volume na bolsa durante aquela hora. Os preços caíram para US $ 28.154, de acordo com dados do CoinDesk 20.

Leia mais: Bitcoin cai de repente 13% à medida que Altcoins continua a subir

“Muitas pessoas agora estão tendo lucro após o rápido crescimento do preço”, disse Constatin Kogan, sócio-gerente da firma de investimento em criptografia Wave Financial. De fato, o bitcoin ultrapassou os US $ 34.000 e atingiu um recorde histórico de US $ 34.366 em 2 de janeiro, de acordo com dados do CoinDesk 20. Os analistas estão vendo muitos investidores perceberem alguns ganhos após um aumento tão rápido.

Preço histórico do bitcoin na semana passada

“No fim de semana, quando os preços do bitcoin atingiram novos máximos, os mercados alcançaram novos níveis de resistência”, disse Jason Lau, diretor de operações da bolsa OKCoin, de São Francisco. “A realização de lucros ocorreu em torno desses níveis, resultando em algumas negociações laterais e fazendo com que muitos estivessem excessivamente alavancados em futuros.”

Durante o período de 10:00 UTC (5 am ET) de venda acima do normal na segunda-feira, a bolsa de derivativos BitMEX viu $ 10 milhões em liquidações, a criptografia comparável a uma chamada de margem em apostas otimistas sobre-alavancadas.

Liquidações de Bitcoin no local de derivativos BitMEX nas últimas 24 horas.

No total, $ 135 milhões em liquidações de venda ocorreram no BitMEX no dia anterior, superando em muito os $ 34 milhões em liquidações de compra de traders que entraram em venda. Isso indica algum esgotamento do que tem sido um mercado hiper-altista até segunda-feira.

Kim Dotcom backs Bitcoin Cash and believes its price will reach $3,000 by 2021

Kim Dotcom sees BCH as „great for making payments“ compared to BTC „as a great asset for value storage“.

Internet entrepreneur and digital rights activist Kim Dotcom has been enthusiastically promoting Bitcoin Cash as a medium, but he’s still bullish about Bitcoin.

According to a tweet posted today to his 711,700 followers, Dotcom predicted that the price of Bitcoin Cash (BCH) will rise 867% by 2021, reaching more than $3,000. It also said it would support BCH in its chain of „K.im“ peer-to-peer content monetization blocks.

Bitcoin > great as a valuable storage asset
Bitcoin Cash > great for making payments

Bitcoin Cash costs USD 310 today.
I expect a price of USD 3000 or more next year.

Why?

More and more vendors are accepting crypto currencies. Sellers want low commissions and fast transactions.

I’m a bullish trader with BCH.

I will give this a retuit in one year.
Maybe sooner.

Dotcom has been a vocal advocate of Bitcoin (BTC) as a store of value for some time, but seems to be suggesting that BCH is better for trading. In response Bitcoin’s influencer, Tone Vays, said that the number of vendors accepting BCH is „steadily increasing“ and that the adoption of cryptomoney among average Internet users is likely to increase as well.

„The winners of the crypto currency race will be decided by the vendors and users,“ Dotcom said.

„What do the vendors and users want? Low commissions, fast transactions, high security and ease of use. Vendors and users will not listen or worry about tribal hysteria in the crypto universe.“

The entrepreneur’s comments came when BCH proponent Roger Ver reported that the token was currently being marketed „for about $6,000 each“ within Grayscale Investments‘ Bitcoin Cash Trust, compared to BTC being sold for $30,000 in the company’s Bitcoin Trust. The company has approximately USD 15.3 billion in crypto assets under management today. However, less than 0.5% of the total (USD 71.2 million) is in the Bitcoin Cash trust.

The price of Bitcoin Cash is USD 309.98 at the time of this article’s publication, having risen 19.5% in the last week.

The Swiss Central Bank continues its curious experiments – Central bank digital currency on the horizon?

Switzerland is also taking part in the race – The Swiss Central Bank is taking a new step in the creation of its MNBC. She is looking for commercial banks to scrupulously test her crypto-franc.

First conclusive tests

It has been some time now since the Swiss National Bank (SNB) started various tests with a view to issuing an MNBC.

But it was in early December that she finally published a document summarizing her work with the BIS (Bank of International Settlement) in the context of large transfers between banks .

After initial favorable results, the SNB is preparing to test its cryptocurrency as part of the launch of the SIX Digital Exchange , in 2021. This appears to be the ideal infrastructure to test the newly created MNBC.

In reality, the next step is to test the adaptability of the MNBC with commercial banks . This is why the SNB claims to be currently looking for a guinea pig:

“We are now looking for local banks who are willing to participate, as it involves some costs for them. They will need to be able to adapt their own systems to participate. “

Statement by Thomas Moser, deputy member of the Executive Board of the Swiss National Bank at The Block
Tests gathered in the Helvetia project
All of these tests are part of a project called Helvetia. Its main objective is to set up proofs of concept to test the viability of an MNBC.

This project included 2 different proofs of concept :

The first on tokenization , namely the issue of the MNBC

The second concerns „detokenization „, namely the delivery against payment of the tokenized asset.
However, this project is only the beginning of a long series of tests.

“The Helvetia project is a first step towards this broader understanding of the implications for the financial system. There is still work to be done to establish a clear vision of the role of a central bank in any future system. “

For its part, the Central Bank of France is continuing its tests in partnership with Société Générale . It remains to be seen who will be the first country on the European continent to adopt a central bank cryptocurrency.

Sierra Club leads lawsuit against a New York city: Bitcoin mining facility is to be expanded

Greenidge allegedly circumvented laws to expand their mining facility.

Several organizations have filed a lawsuit against the US city of Torrey, New York State, for approving a plan to expand a Bitcoin ( BTC ) mining facility near one of the Finger Lakes

In court documents filed with the New York State Supreme Court Thursday , the Sierra Club, the Seneca Lake Guardian, the Finger Lakes Preservation Committee and more than 20 local residents allege that the local government violated state law by it approved Greenidge Generation’s site plan to expand its existing bitcoin mining facility.

The lawsuit alleges that The News Spy circumvented the laws that mandated an environmental impact statement by applying for regulatory approval „through two separate but interdependent permit applications.“ The New Yorkers who joined the lawsuit cite various reasons for participating in the Sierra Club’s lawsuit. These include, for example, possible noise complaints and possible pollution of the water in the lake by the system.

That would have a negative impact on wildlife and recreational activities

The Greenidge power plant in the nearby city of Dresden uses a pipeline to transport natural gas directly to the power plant. This generates the electricity for his Bitcoin mining system and reduces costs. Atlas Holding owns the facility and installed 7,000 crypto mining machines in the past year.

According to the local news portal Fingerlakes1, the plant has recently been in operation „only sporadically and far below its capacity“ . Greenidge applied to local authorities for expansion and asked for permission to construct and operate four new buildings with bitcoin mining equipment. This expansion of the facility would allow Greenidge to operate “at full capacity, 24/7”.

At a city council meeting in October , the company claimed the bitcoin mining facility would „stay firmly within the environmental limits set by the state and federal government.“

Venezuela’s military launches Bitcoin Mining

Venezuela’s military launches Bitcoin Mining

The Venezuelan military starts up a mining farm. President Maduro is under pressure. With his crypto-currency activities, he wants to circumvent US sanctions in particular.

The enormously high inflation is one of the main reasons why crypto-currencies are widely used in Venezuela. Even the restaurant chain Pizza Hut now accepts payments in Bitcoin. It is true that the state under President Nicolas Maduro launched its own crypto currency, Petro, a good two years ago. But its success by BitQT is limited, as Petro is in fact not accessible to large parts of the population.

Bitcoin Mining without added value

In order to remain economically solvent, the Venezuelan government has apparently now come up with an idea. According to this, the military will also be responsible for mining crypto-currencies in the future. An Instagram post shows a technical brigade of the Venezuelan army inaugurating the new „Digital Assets Production Center“. As the video shows, the centre houses various ASIC mining equipment. This is used for solving proof-of-work algorithms.

The Venezuelan population, however, does not seem to benefit from the project. In the video, General Lenin Herrera mentions as a declared goal of mining the „strengthening and self-sufficiency of our units of the Bolivarian army“. The mining centre opens up „untapped sources of income“. It also represents an alternative to the „trust system blocked and controlled by colonial interests“. This is to be seen as a clear allusion to US foreign trade policy. Indeed, the United States has imposed several sanctions on the Maduro regime and its allies.

US keeps an eye on Maduro’s crypto activities

It is therefore also quite possible that the US military is a thorn in the side of Venezuela’s recent crypto activities. Recently, Admiral Craig Stephen Faller referred to Maduro’s questionable use of cryptography. According to an Instagram post, he even went so far as to link its use to drug trafficking and terrorism. He added that the US forces were keeping an eye on all such operations.

Meanwhile, much of Venezuela is in chaos. The price of oil has fallen to a low. Political unrest continues and the COVID 19 pandemic is raging. These are all factors that are not exactly helping the economy to recover. Maduro seems to want to use his bag of tricks with crypto currencies. At the end of September, the ruler presented a new bill to overcome the effects of US sanctions by using crypto-currencies. In Venezuela, crypto-mining is officially permitted for private individuals. But: the activities are regulated by a kind of government pool. So the state could collect commissions at its discretion.

Analisten: Bitcoin kan een beetje vallen voor het einde van het jaar…

Zoals onlangs gemeld, is de bitcoin voorbij de $16.000 gekomen, de hoogste in ongeveer drie jaar. Echter, sommige analisten beweren dat de dingen een beetje gaan vertragen voordat ze beter worden. Zij voorspellen een periode van consolidatie en geloven dat de bitcoin een beetje stoom zou kunnen verliezen alvorens impulsen te herwinnen en opnieuw aan $20.000 te schommelen tegen de tijd dat Kerstmis binnen rolt.

Sommigen geloven dat de Bitcoin zal vallen in de komende maand.

Voor de liefhebbers van crypto is het cliché van het vakantieseizoen overal waar geworden. Kerstmis is een tijd van magie, wonderen en verwondering geworden, en dit zal de tweede keer zijn dat de prijs van de bitcoin, als de vakantie naar voren borrelt, de 20.000 dollar bereikt. Het is echter een beetje ruw om ’s werelds nummer één digitale valuta een beetje te zien dalen voordat het naar deze positie kan schommelen.

Dat wil niet zeggen dat dit zal gebeuren, maar sommige analisten geloven niet dat de bitcoin dit soort snelheid en veerkracht nog veel langer kan volhouden voordat het wat afneemt. Ze zijn er zeker van dat de dingen een beetje adempauze nodig hebben voordat ze weer in vorm kunnen komen. Ze wijzen op technische indicatoren zoals de Relatieve Sterkte-Index, die laat zien dat bitcoin overbought is op het moment van schrijven. Daarnaast suggereert de MACD ook een soort correctie omdat het handelsvolume wat is vertraagd.

Rekt Capital heeft de volgende verklaring afgegeven over de waarschijnlijke eindejaarsstatus van de bitcoin:

Deze maand, heeft de bitcoin zijn eerste ooit maandelijkse dicht boven $13.900 – een weerstand beheerd die eerder prijs wicked forward alvorens -72 percenten in de maanden te verwerpen die volgden. Op het maandelijkse perspectief, heeft de bitcoin nu zeer weinig zeer belangrijke weerstanden vooruit voor prijsuitdagingen voor een nieuwe hoogte van alle tijden. In feite, technisch gezien, bevindt de bitcoin zich nu binnen een vrij brede waaier van $13.900 en $17.100. Misschien is een interessant perspectief dat bitcoin zich lijkt te gedragen in cycli van vier jaar. Aldus, zou een eindejaarssluiting boven $13.900 als steun en potentieel springplankprijs in een nieuwe exponentià „le uptrend in 2021 dienst doen.

Met andere woorden, BTC zou een beetje kunnen terugvallen voordat het in 2021 weer naar de top stijgt. Dit zou waarschijnlijk worden toegeschreven aan het idee dat velen bitcoin zien als iets dat potentieel iemands rijkdom zou kunnen afdekken en hen in een sterke positie zou kunnen houden, zelfs als de Amerikaanse dollar en andere fiatvaluta’s in waarde dalen.

Een Drop, Dan een Spike

Eén bron wordt genoemd als vermelding:

JPMorgan-analisten zeiden dat Grayscale’s bitcoin trust tot oktober een cumulatieve instroom zag, terwijl gold exchange traded funds (ETF’s) sinds medio oktober een ‚bescheiden uitstroom‘ zagen… Dit contrast ondersteunt het idee dat sommige beleggers die voorheen in gouden ETF’s investeerden, zoals familiebedrijven, bitcoin als een alternatief voor goud zouden kunnen zien.

Hoe dan ook, bitcoin lijkt op het hoogtepunt te zijn van zijn recente stierengevecht. We kunnen alleen maar hopen dat de dingen tot het einde van het jaar duren.

The two new assets involved in Ethereum launched by Hobi have not caught the attention of traders

Ethereum traders are not very interested in the wrapped versions of BSV and LTC.

After the success that was HBTC, a Bitcoin wrapped tradable in the Ethereum block chain that currently has almost USD 70 million in BTC, Huobi Global launched the latest models of its „H-token“ series: Litecoin and Bitcoin SV.

Reserve Bank of Australia announced new partnerships to investigate BTC

However, traders and developers so far don’t seem to be very interested in them.

First announced in September, the H token series promised to bring a wide range of assets to the Ethereum block chain. Huobi CIO and head of Huobi DeFi Labs, Sharlyn Wu, said in a press release that the offerings would be aimed at empowering the decentralized finance (DeFi) ecosystem with a wide range of collateralized wrapped assets.

Collect them all: an overview of the major non-fungible token markets

„Huobi’s goal at DeFi is to provide the community with more high-quality assets, to make DeFi more inclusive, to improve the global financial system, and to realize the vision of allowing hundreds of millions of people around the world to truly benefit from the development of DeFi,“ he said.

It remains an open question whether DeFi’s traders and developers have any interest in some of the new assets Huobi is bringing to Ethereum.

Almost 24% of Ether is held in cryptoexchanges, three times the percentage of Bitcoin

The last two offers have attracted very little attention. HBSV, the wrapped version of Huobi’s Bitcoin SV, was released more than a week ago, but chain metrics show that only 12 wallets have the token, including Huobi’s wallet. The last time an HBSV was transferred, out of 35 transactions in total, was 5 days ago.

Meanwhile, HLTC, the wrapped Litecoin was launched on Friday, has barely 7 holders and 21 transactions in total.

Simplex launches an „off-ramp“ channel to sell Tether to Euro

However, there is a possibility that the interest in wrapped currencies will increase in the future.

Allen Scott, head of Cointelegraph Markets, explained that the lukewarm response to this type of asset could be due to current market conditions:

„Investors may not be willing to hold them, as there is little incentive to hold a ‚wrapped‘ asset whose market capitalization is much smaller than the wrapper itself, in this case Ether. In addition, altcoins have underperformed compared to BTC in recent months“.