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Image of The Week, 21-25 of January: News BTC, Mashable, Bitcoinist, CNBC and Others

25 January 2019 14:08, UTC
Ian Marchewski

Samsung's Galaxy S10 may come with a cryptocurrency wallet (Mashable)

The Mashable website shares some pictures and screenshots, which were leaked by Ben Geskin, a mobile enthusiast. Those images seem to confirm some rumors we told about earlier — the upcoming Samsung Galaxy S10 will have an onboard crypto wallet. Most likely. Several smartphone producers, like Sikur and HTC, have already started selling their cryptocurrency-oriented gadgets. Samsung, obviously, does not want to lag behind and keeps abreast of what’s going on. The newest feature is reportedly located in the "Biometrics and security" menu and currently supports Ethereum only.

Venezuela’s New Interim President Is Anti-Petro And Pro-Bitcoin (Bitcoinist)

Bitcoinist.com reports that Juan Guaidó, who has recently proclaimed himself as Venezuela’s interim president, is a bitcoin supporter. At least he was in 2014, when he tweeted about it in his Twitter a lot. At the same time, Guaidó strongly expresses his stance against the El Petro, considering it an instrument used by the Maduro’s administration to defraud the Venezuelan people. It’s also reported that bitcoin trading volumes have been reaching new highs on P2P trading platform LocalBitcoins. Both political instability and the ongoing and worsening financial crisis are to blame.

Bithumb Enters ‘Reverse Merger’ to Go Public in the U.S. (Coinspeaker)

Yes, one of the biggest cryptocurrency exchanges may soon be listed on the OTC (over-the-counter) US stock market. This will open a window for a wide range of investment opportunities for the company. This is going to be a reverse merger takeover of Blockchain Industries Inc., which is a public company in the US. The deal will allow Bithumb to enter the US markets faster than via initial public offering. In addition, it will mark the appearance of the first U.S.-listed crypto exchange ever. Of course, in case everything goes as planned. However, the letter of intent is already signed by the parties.

Crypto Scams: Wikipedia and Sirin Labs’ Founder Are The Victims (Cryptonews)

The AI-driven malware was recently used to scam Wikipedia users. Once downloaded, it stays on the computer and collects the login and password info. When the user visits Wikipedia, the pop-up window appears asking to donate to the online encyclopedia with cryptocurrency. Both Bitcoin and Ethereum address are displayed on the screen. Further consequences are pretty much clear. Wikipedia surely does not take cryptocurrency donations and never did. The other recent fraud victim is none other than a Sirin Labs founder Moshe Hogeg. It’s better to check the original article to learn how such an experienced person was scammed.

Will Bitcoin Dump to $1,250? Wall Street Bankers Think So (News BTC)

JP Morgan predicts more pain to bitcoin and its adepts. Never being a supporter of the premiere cryptocurrency, the Wall Street giant has predicted a bottom of $1,250 if the bear market persists. Analysts from the bank also think that Bitcoin can gain some power only if all the faith in traditional assets such as the dollar, gold and the global payments system has been lost.