Over the last three years, the number of cryptocurrency ATMs has increased by 700%. This is indicated by data from the DRIVE Markets exchange. According to the company’s research, on January 1, 2016, 501 automatic teller machines for digital coins were in operation, and in 2019, the figure has reached 4,128. Experts believe this trend is related to the growing popularity and confidence in the crypto industry and the simplicity and accessibility of the devices compared to digital assets exchanges…………….
year ago, Joe Lubin seemed like one of the most prescient people on the planet. Cryptocurrencies like ether were in the midst of a hockey-stick ascent, and Lubin, a cofounder of the Ethereum blockchain and one of its most articulate pitchmen, was scheduled to speak at events from Davos to SXSW. At his firm’s “Ethereal Summits,” it was standing room only, with crowds hanging onto his every utterance, no matter how bizarre…………….
The disastrous and seemingly unending hack which devastated New Zealand exchange Cryptopia was only the first in a series of bad news coming from various crypto exchanges the past week, with Canadian exchange QuadrigaCX ‘losing’ about $190 Million worth of crypto following the death of a founder and the subsequent loss of access to a private key, as well as the sudden and unexpected insolvency of Coinpulse……………
Yahoo co-founder Jerry Yang recently said that digital currencies and their underlying blockchain technology can only survive in the long-term if the crypto community builds a solid foundation of trust around them. Yang’s comments about cryptoassets and distributed ledger technology (DLT) came during a speech he delivered at the recent Nikkei Innovation Asia Forum, held in Singapore……..
The vast majority of cryptocurrencies are recovering after experiencing severe losses over the last several days, according to Coin360. Of the top 20 by market capitalization, only the stablecoins USD Coin (USDC) and Tether (USDT) are still in the red. The leading cryptocurrency Bitcoin (BTC) has seen an increase of nearly five percent on the day, and is trading at around $3,717 at press time. As Cointelegraph reported earlier, BTC hit a new year-to-date low today, slumping to as low as $3,544. On its weekly chart, Bitcoin’s highest price point was $4,107 on Jan. 9…………
Cryptocurrency exchanges have closed 2018 with “record transacting volumes,” according to a report by research firm Diar published Jan. 14.In its report, Diar notes that both the number of trades and the trade volume have increased on major crypto exchanges in 2018, compared to 2017 figures. The firm predicts that 2019 will see lower figures for spot markets than in 2017, despite the likely increase in the variety of traded cryptocurrencies………..
From a quarter of a billion dollars in Ethereum on the move to Bitcoin’s quest to become digital gold, here’s a look at some of the stories breaking in the world of crypto. Ethereum whales are out in force. Since Friday, more than $273 million in Ethereum (ETH) has been transferred in 21 separate transactions…….
Martin Marsich, a Serbian and Italian national, is currently awaiting trial for allegedly hacking the computer network of San Francisco-based video game company, Electronic Arts. Surprisingly, Marsich has been ordered to post bail using cryptocurrency, according to an official statement by the US Attorney’s Office. Marsich was arrested at the San Francisco International Airport on August 8 and made his first appearance in federal court on August 9. He is charged with “illegal intrusion” into the Electronic Arts internal computer network…..