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Cryptocurrency Daily Roundup - Jan.23

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A summary of some of the widely followed stories on cryptocurrency and blockchain during the past 24 hours.

John McAfee Flees U.S. On Boat To Escape Tax Fraud Charges

Internet security expert and cryptocurrency enthusiast John McAfee announced that he has fled the United States as he is facing tax fraud charges by the country's tax authorities. McAfee, who has already announced his 2020 presidential bid, released a series of videos on Twitter that shows him "living in exile" on a luxury boat, so that US authorities cannot arrest him.

Hacked New Zealand-based Crypto Exchange's Loss 'More Than Estimated'

The actual amount of loss that a New Zealand-based crypto-currency trading company suffered from hacking earlier this month is far bigger than what was initially estimated, according to data company Elementus. Cryptopia, based in Christchurch, announced on Twitter that on January 14, it suffered a security breach that resulted in significant losses. "Once identified, the exchange was put into maintenance while we assessed damages," it added.

Coinbase allows high-volume customers to make cross-border wire transfers

Major US cryptocurrency exchange Coinbase announced that its high-volume Coinbase Pro and Prime customers throughout Asia and Europe can now make cross-border wire transfers to fund their Coinbase accounts. The customers can fund their accounts via international SWIFT wire transfer from non-US bank accounts. It will support inbound and outbound SWIFT transfers to access Coinbase's deep pool of crypto liquidity for the first time.

LSE's Technology To Power Atom's New Digital Asset Exchange In Hong Kong

LSEG Technology, London Stock Exchange Group's technology solutions provider, said it has been selected by Atom Group, a fintech company focused on blockchain technology and emerging digital assets, to power its new Hong Kong-based digital asset exchange AAX. The new digital exchange, which is expected to launch in the first half of fiscal 2019, will use LSEG's Millennium Exchange matching engine.

ING Bank In Deal For Corda Enterprise Blockchain Adoption

Dutch bank ING signed a five-year deal with New York-based blockchain consortium R3 for an unlimited number of Corda Enterprise licenses to encourage adoption of Corda blockchain applications, known as CorDapps, across wide range of its business functions. The deal with R3 will allow ING to roll out access to Corda Enterprise throughout the bank globally and deploy production-ready CorDapps across a wide range of business areas.

Current Prices

As of this writing, Bitcoin is up 0.07 or $2.74, trading at $3569.38 on Coinbase. Ethereum is declining 0.38 percent or $0.45 to $117.03.

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