The number of bitcoin ATMs installed throughout the world has exceeded 10,000, and the United States continue to lead the rest of the world in crypto ATMs with 76% of machines installed. According to CoinATMRadar, the first Bitcoin ATM was installed back in 2013 and in seven years the industry grew to over 10,000 machines…
Category: Crypto
PayPal and Venmo to Roll Out Crypto Trading
Fintech giant PayPal plans to roll out direct sales of cryptocurrency to its 325 million users, according to three people familiar with the matter. Currently, PayPal can be used as an alternative means for withdrawing funds from exchanges such as Coinbase, but this would be a first in terms of offering direct sales of crypto. “My understanding is that they are going to allow buys and sells of crypto directly from PayPal and Venmo,” a well-placed industry source told CoinDesk. “They are going to have some sort of a built-in wallet functionality so you can store it there.”
HTC Exodus 1s To Allow Mining Monero Cryptocurrency
HTC Exodus 1s smartphone users should soon be able to mine crypto directly on their phone. HTC, a major Taiwanese consumer electronics company, has partnered up with ASIC chip design company Midas Labs in order to enable users of the HTC blockchain-powered smartphone Exodus to utilize their devices to mine Monero (XMR) directly. This will…
Ethereum Expands Blockchain Capacity by 25%
Ethereum’s network capacity has been expanded by the mining community to allow more transactions to be processed on the network per second. This is in light of increased traffic on the network, largely due to controversial stablecoin Tether and a gambling game called Fair Win. Ethereum co-founder Vitalik Buterin relayed last week that block producers…
The Past, Present and Future of Blockchain & Cryptocurrency
Historical background, revealing context and prescient vision were presented on blockchain and bitcoin at a recent Tampa Bay Conference entitled, “The Past, Present and Future of Blockchain & Cryptocurrency.” These components are greatly needed in the current discussions and warnings being bandied about by Congress, Wall Street, regulators and now Main Street, thanks to all…
Iran Lines Up a New Cryptocurrency Backed by Gold
Control of the U.S. dollar and the global financial system that depends on it gives the American government an incredibly powerful tool in shaping international affairs. As such, it is not surprising that its geopolitical rivals around the world will try to exploit the invention of cryptocurrency to take the USD down a peg. The…
Steve Wozniak Joins an Energy Focused Blockchain EFFORCE Startup in Malta
Apple co-founder Steve Wozniak has joined a Malta-based blockchain enterprise targeting more efficient use of energy. Speaking at an event on the island Thursday, Wozniak said he has invested in the EFFORCE project – which enables investors to back energy efficient projects around the world – and become a co-founder. According to the Malta Independent,…
Oracle Uses Blockchain To Solve A Billion-Dollar Food Industry Problem
Last year Oracle entered a partnership with the World Bee Project (WBP) to leverage cloud technologies to better understand the decline in global bee populations. The initial goal was to devise innovative strategies to help farmers manage bee and pollinator habitats. “Today’s bee population is declining at a very fast rate, which is being caused…
Litecoin The Best Performing Crypto Coin This Year Is Up 340%
Despite many investor’s laser-like focus on Bitcoin’s breathtaking rally, one currency that’s far outpacing Bitcoin and other cryptocurrencies is Litecoin, up about 340% this year as of today with a market value of $8.3 billion. The digital coin has grown at far more than double the pace of Bitcoin in 2019, and is now the…
Fidelity-Backed Crypto Analytics Firm Coin Metrics to Integrate Twitter-Based Crypto Sentiment Feed
Crypto analytics firm Coin Metrics partnered with Social Market Analytics (SMA) to collaborate on a feed of real-time sentiment towards cryptocurrency based on social media data, according to a press release on June 17. The new partnership intends to collect and analyze data posted by crypto community on social media in order to provide a…
Thailand Is Opening Up to Crypto – Bitcoin, XRP, Ethereum and Stellar Lumens
Since July, Thailand and its Securities and Exchange Commission (SEC) have voiced their intent to legalize the local initial coin offering (ICO) market and open it to startups. On Dec. 1, 2018, however, Cointelegraph reported that the Thai SEC declared Thai-related security token offerings (STOs) in international markets to be illegal and said that it…
India’s Federal Bank Teams Up With Ripple For International Payments
As of early January 2019, Ripple had announced that it surpassed 200 partners as it adds 13 financial institutions as customers for its payment network, RippleNet. Ripple consolidating traditional financial markets is an interesting use case for blockchain for the real world. Federal Bank in India has partnered with blockchain payments company Ripple to facilitate…
