On Thursday, November 12, 2020, the blockchain firm Kirobo launched a tool that allows users to reverse ethereum transactions. Similarly to the replace-by-fee (RBF) protocol leveraged by bitcoin users, ethereum transactions can be reversed as well with Kirobo’s “Undo Button” supported by Metamask or any wallet that supports walletconnect.
The two top blockchain assets, in terms of market capitalization, have features that allow users to reverse transactions they sent if the fee was too low or for other reasons.

The post The ‘Undo Button’ Wallet Tool Gives Users the Ability to Reverse Ethereum Transactions appeared first on Bitcoin News .

https://news.bitcoin.com/the-undo-button-wallet-tool-gives-users-the-ability-to-reverse-ethereum-transactions/

Market is down a bit and cryptocurrencies prices are a much lower right now. This is a good opportunity to buy the dip and load up on your favorite crypto assets as their prices are much lower now. Do not miss this opportunity.

Here are some suggestions on some platforms where you can buy crypto assets with low fees. You may check them out:

1. BINANCE: https://www.binance.com/en/register?ref=44640237

2. CEX.IO: https://cexio.page.link/3Ddf

3. Paxful: https://paxful.mobi/?r=LrdJzE4WNdK

The owner of two bars in New York put them up for sale for bitcoins. The owner of Hellcat Annie's and Scruffy Duffy's bars in New York is ready to sell them exclusively for cryptocurrency. The price of two nearby establishments is 25 BTC or 800 ETH $850,000, writes the New York Post.

Patrick Hughes, whose family has run bars since the 1970s, like many restaurateurs in the financial capital of the United States, faced difficulties due to restrictions imposed in connection with the COVID19 pandemic. He said the crisis had reinforced his desire to exit the business, despite a near-complete recovery in sales by November.

The entrepreneur is skeptical about the dollar and expects to attract the interest of cryptocurrency owners. According to the restaurateur, he has already received a couple of requests and considers his decision to go to Bitcoin or Ethereum to be correct. The head of the blockchain startup Paxos, Charles Cascarilla, in a comment to the publication noted that he is not aware of cases of selling establishments for cryptocurrency. In his opinion, the Hughes initiative is another confirmation that digital currencies are becoming a monetary tool. Their acceptance is growing, the head of Paxos is convinced.

Recall that NFL star Russell Okung agreed to transfer his salary to bitcoins.

In November, the co-founder of the venture capital company Morgan Creek Digital, Jason Williams, announced the sale of his car for 0.4 BTC.

Hacked Livecoin exchange moved to a new domain The Livecoin cryptocurrency exchange, which was hacked at the end of December 2020, announced the move to the temporary Livecoin.news domain. According to representatives of the exchange, they managed to partially regain access to media channels. However, the new site is still the only channel of communication with customers. Livecoin did not give an exact date for the resumption of the platform's operation.

The exchange is ready to pay rewards for information about the attack. Recall that on December 24, the price of bitcoin on the Livecoin exchange jumped to several hundred thousand dollars, and the withdrawal of funds from the platform became unavailable.

At the same time, director Svetlana Geller deleted her Telegram account. Users assumed that the founders of the platform made an exit scam.

Soon, a message appeared on the main page of the site that a "carefully planned attack" was made on the exchange, and the administration completely lost control of the servers, backend and nodes.

According to preliminary estimates, unknown persons stole 106 BTC, 361 ETH and 236 BCH.

Later, unknown people left a message on the site of the recently hacked Livecoin exchange demanding a ransom in bitcoins. Now this message is supplemented with the phrase: "Oops! The time is up, Livecoin…»

State-owned Chinese bank Agricultural Bank of China (ABC) has started testing the work with the national digital currency in ATMs in Shenzhen.

ATMs of some ABC branches in Shenzhen have received an update allowing users to access the digital yuan. The bank's customers will be able to convert ordinary yuan to digital currency through ATMs and vice versa.

Testing the digital yuan at ATMs was part of a second pilot program in Shenzhen, in which residents of the city received 200 digital yuan to pay for goods and services.

FCA warned about the risks of investing in crypto assets

Jan 11, 2021
The state bank also launched the "Digital Yuan Innovation Laboratory", which develops new ways to use the state cryptocurrency.

Recall that in early January, the Network "leaked" photos of a hardware wallet for the digital yuan. It is made in the form factor of a credit card and is equipped with a liquid crystal screen that displays the details of the operation.

Testing of the mobile wallet for the national digital currency by ABC Bank began in April 2020.