Apple CEO Tim Cook Denies Cryptocurrency Rumors – October 4

📈 30 Second Cryptocurrency Price Summary

Current Bitcoin Price$8,107

Bitcoin has lost 1.7% in value over the last 24 hours, as price continues to range in the $8000-8500 zone.

Altcoins seem to be somewhat stabilizing in price, with Ethereum down 1.2%, and XRP up 0.5%. The biggest gainer in the last 24 hours is Cardano, which has risen 1.5%.

Top Stories for October 4, 2019 🔥

👉 Apple CEO Tim Cook Denies Cryptocurrency Rumors

Tim Cook has stated in an interview with a French financial newspaper that Apple has no plans to launch it’s own cryptocurrency.

Rumors surrounding Apple’s involvement in crypto began circulating last month, when Apply Pay VP Jennifer Bailey was quoted saying that the company was “watching cryptocurrency”.

👉 Millions Worth of Crypto Were at Risk via MakerDAO Bug

MakerDAO have patched a bug in their code which could have exposed millions of dollars worth of collateral.

The bug affected the upcoming Multi Collateral Dai system, which has not yet been released.

👉 Coinbase Increases Fees for Low-Volume Customers

Coinbase has issued a statement outlining their new fee structure, which will increase maker and taker fees for low-volume traders.

Higher-volume traders, on the other hand, will be reduced – with maker fees being zero for 30-day trading volumes of over USD$50 million.