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Author Topic: [2019-2-1]Fidelity Still Not Giving Up on Cryptos:Bitcoin Custody Service Launch  (Read 109 times)
Vladdirescu87 (OP)
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February 01, 2019, 01:50:13 PM
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US-based company Fidelity Investments announced that it will likely launch its new cryptocurrency custody service in March this year. Fidelity plans include that the Bitcoin (BTC) storage will come first and then Ethereum (ETH) will follow.

Custody services, which are cliché in the traditional stocks and bonds markets, are third-party services which hold an asset to decrease the risk of theft.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/fidelity-cryptos-bitcoin/

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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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btyco
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February 04, 2019, 04:37:22 PM
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Anything that encourages financial investors to join in is a good thing, whether it is custody services,an ETF, or hopefully the bakkt, any of them could inflate the price and increase interest in bitcoin

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