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"Despite depressed bitcoin prices, the project has attracted significant attention from major investors, including Microsoft’s venture capital arm, M12, Pantera Capital, and more," Crypto Insider reported today.
The Bakkt platform will host cryptocurrency futures trading backed by real crypto assets. The Chicago Mercantile Exchange (CME) and the Chicago Board Options Exchange (CBOE) already host cash-settled bitcoin futures. These futures, however, do not directly interact with the crypto assets themselves.
DMM decided to shut down said mining last September, feeling the effects of a drawn-out bear market on mining profits.
"The report added the withdrawal process, including the sale of its mining machines, could continue until the first half of 2019," CoinDesk noted.
December started the month off at $4,241. By the end of December, bitcoin had fallen 13%, down to $3,689. December capped off the fifth month in a row that bitcoin had closed monthly prices lower than their opening prices.
CoinDesk reported this as the worst monthly losing streak since late 2011.
The Proof of Keys event urges cryptocurrency holders to withdraw all their funds from third parties (exchanges and the like) into private storage to prove third-party solvency.
"On both Twitter and Reddit, users acknowledged that the practice of freezing accounts had occurred often in the past, and that the timing two days before Proof of Keys was not necessarily deliberate," CoinTelegraph reported today.
Although, at the time of CoinTelegraph's report, HitBTC had not responded to a tweet of concern Mayer sent out regarding the situation.
Fortnite boasts over 125 million users, with developer Epic Games worth more than $15 billion.
Readers will remember last October, which saw scammers use malware to target bitcoin holding Fortnite players.
