Bitcoin Depot Adds 30 Bitcoin ATMs in Chicago with ZERO Fees
2019-04-09 12:11:18 Discuss As cryptocurrencies continue to influence the financial service industry and provide users with endless possibilities, bitcoin ATMs have proven to play a critical role in the cryptocurrency adoption process. Bitcoin ATMs convert fiat currency into digital cash, ensuring a seamless transaction experience. Bitcoin ATMs, which are also called BTMs or bitcoin kiosks, are among the fastest growing industries around the world due to the increased demand for physical cryptocurrency transactions. In the past year, the numbers of bitcoin ATMs have more than doubled from 2,000 to over 4,000 bitcoin ATMs. The expansions of bitcoin ATMs around the world has been attributed to the increasing acceptance and use of bitcoin for financial transactions. Bitcoin ATMs have made cryptocurrency become a popular form of payment in certain parts of the United States.
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Twitter's Jack Dorsey Explains Why He Believes No Cryptocurrency Will Ever Beat Bitcoin
2019-02-11 22:30:57 Discuss Twitter CEO Jack Dorsey continued his love-letter to Bitcoin on a recent episode of the Stephan Livera podcast, where he proclaimed that while there may be interesting ideas emerging from other coins in the crypto space, they can all eventually be integrated into Bitcoin if they're good enough. In what is beginning to feel like a press-junket, Dorsey has been talking up Bitcoin to the extreme in the past week, and he recently told Joe Rogan that he thought Bitcoin could become the native internet currency of the future to much applause and fanfare. However, not everyone is so keen on the idea as Dorsey, and his latest comments are likely to further fuel the competitive fire that's raging between the disparate coins, tokens, and principles in the crypto space.
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Why South Korea Had to Ban Crypto ICO Losing Multi-Billion Dollar Opportunities
2019-02-04 11:50:33 Discuss This week, the government of South Korea officially decided to maintain its existing blanket ban on domestic initial coin offerings (ICO) in a move that could benefit other major crypto markets in Asia. On Friday, the virtual currency task force of the Office for Government Policy Coordination released a comprehensive report on the ICO industry. Local financial authorities stated that the government considers the ICO model to be a high-risk investment vehicle in many areas. As such, the government will continue to reinforce a ban on domestic crypto token sales. Currently, based on existing policies in South Korea, local investors are permitted to participate in token sales conducted outside of the country.
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7 Reasons Why That New Bitcoin Stablecoin Sounds Like Junk
2019-02-02 05:08:42 Discuss A new Ethereum token called Wrapped Bitcoin just launched Thursday. The purpose of the new cryptocurrency is to enable Bitcoin users to participate in Ethereum smart contracts natively on the Ethereum blockchain. Last October Bitcoin custody company BitGo announced a partnership with Kyber Network and Republic Protocol to launch Wrapped Bitcoin (WBTC), a token on the Ethereum blockchain that acts as a 1-to-1 token backed by Bitcoin reserves. In a blog post announcing the new token BitGo stated: WBTC users will be able to utilize Bitcoin in a wide variety of new decentralized use cases, including on decentralized exchanges (DEXs), as collateral for stable coins or lending, for payments and flexible smart contracts within the Ethereum ecosystem.
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TRON Spikes 134% in 1 Month: Will the Crypto Sector's Strong Performance Push Bitcoin Higher
2019-01-28 08:27:35 Discuss In the last 48 hours, since its daily peak on January 26, the Bitcoin price has declined from $3,657 to $3,515, by nearly four percent against the U.S. dollar, while TRON surged by 10 percent on the day. The decline in the Bitcoin price has led the valuation of the crypto market to drop by $2 billion from $221 billion to $219 billion. Major crypto assets in the likes of Ethereum (ETH), Ripple (XRP), EOS (EOS), and Bitcoin Cash (BCH) initiated losses in the range of three to five percent. According to a study conducted by PwC, a Swiss IT consulting form Inacta, and Crypto Valley Venture Capital (CVVC), the number of crypto startups in the region has increased from 629 to 750 in the fourth quarter of 2018.
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Exclusive: $630 Million Cryptocurrency Dash Releases 'Biggest Upgrade' Since Governance System #dash_force
2019-01-27 11:59:51 Discuss By CCN.com: The Dash community has been banging its head against a wall for a while now. As its developers ramp up infrastructure to make mass adoption easier, it loses users in the process. Dash dropped from a number seven crypto in 2017 to 15th place over the last 12 months, losing 92% of value from an all-time high market cap of $11.6 billion. However, in the spirit of better late than never, Dash is finally releasing its newest upgrade Evolution 0.13. And'whatever your stance on Dash'you have to admit, it's pretty impressive. With Dash Evolution 0.13, automatic InstantSend for simple transactions is included with no extra cost, something that Dash claimed was an industry first last December.
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Kraken CEO Warns: Please Do Not Store Crypto on Any Exchange
2019-01-18 10:28:48 Discuss Home News Please Do Not Store Crypto on Any Exchange, Warns CEO of Major Crypto Exchange Kraken Jesse Powell, the CEO of a major crypto exchange Kraken, warned users of digital assets to not store funds on trading platforms. The warning of Powell follows a high profile security breach suffered by Cryptopia, a New Zealand-based crypto exchange known for its listing of a wide range of small market cap tokens. Any application or platform connected to the internet by nature is hackable. In essence, centrally operated crypto exchanges are similar to banks in that they hold the private keys and funds of users.
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Bitcoin Needs Regulation to Boom: Morgan Stanley
2019-01-16 15:23:44 Discuss Home Bitcoin Research Bitcoin Needs Regulation to Boom: Morgan Stanley Investment bank Morgan Stanley sees bitcoin to be dependent on governments acceptance to really take off, at a time when the cryptocurrency tripled its value since the turn of the year. In a report titled 43-page whitepaper titled Blockchain: Unchained?, Morgan Stanley isn't entirely clear on determining just why bitcoin has been soaring lately. The whitepaper, released Tuesday, was penned by Wall Street analyst James Faucette and his colleagues at Morgan Stanley who looked into the progression of bitcoin and blockchain technology over a 12-month period.
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$7,400 to $6,950: Bitcoin Drops 2% in 30 Minutes as Crypto Market Bleeds
2019-01-16 14:34:21 Discuss Home Bitcoin Price News $7,400 to $6,950: Bitcoin Price Drops 2% Within 30 Minutes in Crypto Market Bleed Within the past 30 minutes, the Bitcoin price has dropped by more than 2 percent from $7,400 to $6,950, pushing tokens and other major cryptocurrencies to record large losses. Ethereum, Ripple, Bitcoin Cash, and EOS recorded 6 to 7 percent losses as Bitcoin failed to maintain momentum in the $7,400 range. If Bitcoin manages to immediately rebound to the $7,200 to $7,300 range in the next 12 to 24 hours and finds some stability in the low $7,000 region, then it is possible for the dominant cryptocurrency to avoid a downtrend to mid-$6,000.
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A+ Mess: Controversial Weiss Cryptocurrency Ratings See DDoS Attacks, Fake Grading Leaks
2019-01-16 13:48:02 Discuss Home News A+ Mess: Controversial Weiss Cryptocurrency Ratings See DDoS Attacks, Fake Grading Leaks Last week Weiss Ratings, a US financial research and investment grading agency located in Palm Beach, FL, announced that it would be releasing the world's first professionally rating cryptocurrency grades. The grades were scheduled to be released Wednesday, January 24th, and would include popular cryptocurrencies such as Bitcoin, Ethereum, Bitcoin Cash, Litecoin, EOS, NEM, Monero, and so on. But on the eve'and day of'their release, Weiss ran into a few speed bumps and roadblocks when trying to distribute the inaugural grades.
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Bitcoin Millionaire 50 Cent Flips, Denies Owning Cryptocurrency
2019-01-16 13:40:59 Discuss Home News Bitcoin Millionaire 50 Cent Flips, Denies Owning Cryptocurrency In courtroom documents obtained from his bankruptcy hearings, rapper 50 Cent admitted he never owned any Bitcoins. He had previously boasted owning the cryptocurrency, having accepted Bitcoin as payment for his 2014 album, Animal Ambition. Initially reported by TMZ, the rapper, whose real name is Curtis Jackson, collected around 700 Bitcoin in Animal Ambition album sales. At the time, 700 Bitcoin were worth around $400,000. By early 2018, however, that value had soared. 50 Cent was reported to have had $8 million worth of Bitcoin sitting idle.
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New Filing Sheds Light on Kodak's Lucrative ICO Licensing Agreement
2019-01-16 12:57:22 Discuss Home ICO News New Filing Sheds Light on Kodak's Lucrative ICO Licensing Agreement A new filing has shed light on Kodak's licensing agreement with WENN Digital, the company that is developing KodakCoin and overseeing the cryptocurrencys initial coin offering (ICO). According to public documents dated March 15 and filed with the US Securities and Exchange Commission (SEC), WENN Digital paid Eastman Kodak a non-refundable $750,000 licensing fee for the rights to use Kodak branding on its digital rights management (DRM) platform, which will be secured by a blockchain feature a native cryptocurrency.
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Investors Probably Didn t Turn Their Backs on Tilray Cannabis Stocks Today
2019-01-16 11:26:32 Discuss Home Stock News Investors Probably Didn't Turn Their Backs on Tilray Cannabis Stocks Today Tilray's share price plummeted today on the expiry of its IPO lock-up period. But is the sell-off investors exiting cannabis stocks Or, is it as simple as Tilray insiders cashing in their profits? Tilray's stock lost 17.24% by the end of trading on the Nasdaq today, wiping out recent day's gains. With its IPO, Tilray began trading on the Nasdaq on July 19, 2018. Under US Securities and Exchange Commission (SEC) rules company insiders cannot sell their shares for a set period. For Tilray this was 180 days and that lock-up period expired today. Insiders, those who acquire shares before a company is publicly listed such as employees and venture funds, are now able to sell.
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Bitcoin is a Tool for 'Peaceful Revolution': Crypto Developer Jimmy Song
2019-01-16 11:22:31 Discuss Home Bitcoin Politics Bitcoin is a Tool for Peaceful Revolution?: Crypto Developer Jimmy Song Bitcoin developer Jimmy Song says the original cryptocurrency can be a powerful tool to usher in a peaceful revolution. Song made the remarks during an interview withRT's business host Max Keiser. The biggest thing bitcoin brings is the decentralization of monetary power, Song says (see video starting at 13:40). If you have government and big business get together, they usually get what they want. Song says crypto can elevate the individual over the dominance of corporations and the government because it's decentralized.
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Less Than 1
2019-01-16 11:02:45 Discuss Home Blockchain News Smart Contracts Less Than 1.5 Million People Used dApps in 2018 According to a report from Dapp.com, dApps had about 1.5 million users over the course of 2018, the first full year they were measured. The most active dApp category across platforms was gaming, followed by betting. Of the 1.5 million total users of dApps across platforms, nearly 800,000 were on Ethereum. The Ethereum dApp ecosystem broke down like so: Decentralized exchanges accounted for the most users of dApps. Crypto trading is unsurprisingly the first major killer use case for decentralized applications. However, the volume transacted on decentralized exchanges is still dwarfed by volume at centralized exchanges. It's only a matter of time before a truly usable option emerges which everyday traders and institutions feel comfortable on.
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Activision Blizzard May Be Accused of Securities Fraud by Investors
2019-01-16 10:41:51 Discuss Home News Activision Blizzard May Be Accused of Securities Fraud by Investors Pomerantz Law Firm has issued a shareholder alert and, it says, is investigating Activision Blizzard and its officers for possible securities fraud or other unlawful business practices. Activision Blizzard announced its split from Destiny creators Bungie on January 10. Immediately following the announcement Activision shares plummeted nearly 10%. Investors are concerned over the loss of revenue from the popular title, with Activision confirming it would receive no revenue from the game in 2019. Destiny developers Bungie have been given back the full rights and responsibilities to Destiny.
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Pharma Stocks Decline as House Democrats Investigate Drug Prices
2019-01-16 10:14:25 Discuss Home Business Pharma Stocks Decline as House Democrats Investigate Drug Prices Stock prices of twelve of the largest pharmaceutical companies in the USA have fallen sharply after the commencement of a Congressional investigation into prescription drug pricing practices. In a statement releasedyesterday, it was revealed that the House Oversight Committee chaired by Senator Elijah Cummings (D-Md) sent letters requesting information about their pricing strategies toAbbVie, Amgen, AstraZeneca, Celgene, Eli Lilly, Johnson & Johnson, Mallinckrodt, Novartis, Novo Nordisk, Pfizer, Sanofi, and Teva Pharmaceuticals as part of an inquiry into alleged price profiteering.
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Another Crypto Exchange Hacked, Could it Hurt Reputation of the Market
2019-01-16 03:18:07 Discuss Home News Another Crypto Exchange Hacked, Could it Hurt Reputation of the Market On January 14, large crypto exchange Cryptopia was hacked, resulting in significant losses of investor funds. In an official statement released on Tuesday, the company said that the New Zealand police and the government's High Tech Crimes Unit had initiated an investigation into the case. This time last year, in January 2018, Japanesecryptocurrency exchange Coincheck was hacked and lost more than $500 million in user funds. At the time, Coincheck executives said in a press conference that the security breach was caused by a lack of personnel and experts working to improve the security measures of the exchange.
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Binance CEO Bashed for Seeming to Advise Storing Crypto on Exchanges
2019-01-16 00:29:33 Discuss Home News Binance CEO Criticized for Appearing to Advise Storing Crypto on Exchanges Binance CEO Chengpeng Zhao (CZ?) has come under attack after appearing to advise crypto holders to store their holdings on exchanges instead of on personal storage devices like USB drives or hardware wallets. In a tweet, Zhao appeared to infer that the risk of self-storage is significantly greater than the risk of storing cryptocurrency on reputable exchanges like Binance. Writing on January 15, he said: Store coins yourself. You fight hackers yourself, and guard from losing wallet yourself. Computer breaks, USBs gets lost.
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OKCoin Lists Tron Cryptocurrency, Claims it's not a Security
2019-01-15 22:47:27 Discuss Home Altcoin News OKCoin Lists Tron Cryptocurrency, Claims it's not a Security OKCoin is adding Tron to its crypto exchange today. Not to be confused with OKEx, which is a futures platform founded by the same people, OKCoin primarily focuses on traditional swaps and allows for bank deposits. Importantly, OKCoin serves US customers while OKEx does not. CCN spoke to Tim Byun, CEO of OKCoin, about the decision to list Tron. CCN wonders what considerations OKCoin makes when listing new tokens. First of all, Byun said, regulations are very important. OKCoin does not list tokens considered to be securities.
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