The contemplated insurance coverage will protect Bitcoin Latinum holders in case of external theft and internal collusion, potentially up to the full value of their holdings.Īs reported by Yahoo Finance: "Bitcoin is now considered an investable asset. Slated to become the world's largest insured digital asset, Bitcoin Latinum has appointed Marsh & McLennan, one of the world's leading specialty insurance brokers and risk advisers, to arrange a comprehensive insurance program for the new cryptocurrency through their Asia division, Marsh Asia. with 21% of cryptocurrency hedge funds predicted that the year-end price would be between $100,000 and $150,000." The report showed that "cryptocurrency hedge funds remain incredibly bullish on bitcoin." And the "median predicted price for bitcoin by the end of 2021 was $100,000. PricewaterhouseCoopers (PwC) recently released its 3rd Annual Global Crypto Hedge Fund Report 2021, as reported by.
Legacy tokens, including Bitcoin and Ethereum, rely on a proof-of-work system to confirm transactions generated through mining, which has proven to be detrimental to the environment given the massive electricity demands have increased the consumption of fossil fuels such as coal.Īnnounced to the world in November 2020, Bitcoin Latinum is aiming to hard-fork and become publicly available for trading in Q3 2021 on major exchanges across the globe, including the Americas, Europe, and Asia. Bitcoin Latinum - to trade under LTNM - will be mining-free, with a fixed supply of 888,888,888 pre-mined tokens. The Bitcoin Latinum algorithm and infrastructure break barriers and speed limits that have prevented some virtual currencies from achieving practical, real-time use. Bitcoin Latinum is also announcing its hard-fork and public trading availability for Q3 2021.īitcoin Latinum is an enhanced Bitcoin fork. This will be achieved through a Consensus protocol system for settling transactions. PALO ALTO, CA / ACCESSWIRE / J/ Bitcoin Latinum, the next-generation insured Bitcoin fork capable of massive transaction volume, digital asset management, cyber security, and capacity is announcing a groundbreaking green initiative to achieve a carbon net-zero footprint, as a commitment to sustainable environmental practices and support of the Crypto Climate Accord.
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