With over 21,000 kiosks in the U.S., Coinstar is a popular automated service for those who want to turn their fiat coins into paper cash. 3,000 of these kiosks have been integrated with Coinme to include crypto purchase functionality, and more than 100 BTC-integrated Coinstar kiosks are now newly available in the greater Sacramento, California area. Also Read: Bitcoin ATMs Installed at 5 Major Malls in the US Over 100 Kiosks Updated With BTC Purchase Capability Coinstar found an effective business model in helping people cash in their accumulated change…
Read MoreMonth: January 2020
China Issues Digital Currency Guide for Party Cadres
Understanding a complex subject should be easier with access to educational materials. With blockchain and CBDC now part of Beijing’s political vocabulary, the Communist Party of China (CPC) has issued a guide to digital currencies meant to prepare party officials for upcoming changes in the country’s financial system. Also read: China Saw $11.4 Billion in Crypto-Based Capital Flight Last Year Handbook Educates Party Functionaries About the Impact of Digital Currencies “Digital Currency: A Reader for Cadres” is part of a series of guides on various current topics, from artificial intelligence…
Read MoreNBA Star Spencer Dinwiddie Just Tokenized His Own Contract
The news that Brooklyn Nets star Spencer Dinwiddie was to roll out an Ethereum-based investment vehicle for his own contract took the NBA and crypto communities by surprise. Disregarding an NBA threat to ban him from the professional basketball league, the 26-year-old point guard – who tellingly describes himself as “a tech guy with a jumper” on Twitter – launched his unique bond on January 13 with the aid of security token platform Securitize. Also read: Close to 11 Million BTC Haven’t Moved in Over a Year An Ambitious Leap…
Read MoreOnline Bullion Marketplace Onegold Sees $50 Million in Crypto Payments
On January 13, the online bullion marketplace Onegold announced the launch of a new mobile application so customers can buy, sell or redeem precious metals at any time. Since 2018, Onegold has accepted cryptocurrencies like BCH and BTC and the firm currently gives customers a 2% discount for paying with cryptocurrencies. According to Bitpay, Onegold has seen $50 million worth of crypto payments since supporting digital assets, which represents 10% of the firm’s yearly revenue. Also Read: Close to 11 Million BTC Haven’t Moved in Over a Year Onegold Sees…
Read MoreClose to 11 Million BTC Haven’t Moved in Over a Year
According to a new research report published by Digital Asset Data, more than 10 million BTC has been sitting dormant for a whole year. Data shows that unmoved bitcoins account for roughly 59% of the current minted supply and it’s the largest number of dormant coins since the start of 2017. Also Read: Mining Report Highlights China’s ASIC Manufacturing Improvements and Dominance 10.7 Million BTC Stays Put for a Whole Year The fintech and cryptocurrency analytics company Digital Asset Data recently published findings that show the number of bitcoins that…
Read MoreJapan and Philippines Discuss Pro-Crypto Laws, Cooperation Among Asian Countries
Japanese Minister Naokazu Takemoto and Philippine Cabinet member Raul Lambino of Crypto Valley of Asia recently met to discuss Asian countries’ crypto regulations. They urge the Philippine Congress to introduce legislation on cryptocurrencies and security tokens, calling for cooperation among Asian countries. Also read: Regs Roundup: SEC Actions, Crypto Tax-Free in Korea, New Chinese Laws Officials From Japan and Philippines Discuss Crypto Regulations Naokazu Takemoto, Japanese Minister of State for Science and Technology Policy, visited Manila last week to meet with Secretary Raul Lambino, administrator and CEO of the Cagayan…
Read MoreWith New Regulations, Europe’s Crypto Companies May Be Running Out of Options
European crypto companies are finding themselves in a changing regulatory environment. The new realities they have to deal with stem from the fifth edition of the European Union’s anti-money laundering directive. AMLD5 introduces stricter customer due diligence requirements and some in the industry have realized their business models, based on key principles of the crypto space, are hardly sustainable under the new rules. Also read: EU Countries Commence Crypto Regulations as Mandated by New Directive Netherlands to Introduce Licensing When New Directive Requires Only Registration Although the amendments had to…
Read MoreBlockchain Tops the List of Most In-Demand Tech Skills for 2020
If you are planning to start a new career this year, or just improve your value in the jobs market, the best thing that you can do is acquire some blockchain skills. Companies around the world are looking for people with capabilities in this field and it appears that demand far outpaces the supply. Also Read: NASA to Launch Bitcoin to the Moon? US Space Agency Seeks Big Data Scientist With Crypto Experience Companies Need Much More Blockchain Talent New research based on data from the employment-oriented networking platform Linkedin…
Read MoreChina Saw $11.4 Billion in Crypto-Based Capital Flight Last Year
On January 8, China-based blockchain security firm Peckshield published its “2019 Global Digital Asset AML Research Report” noting a variety of crypto trends throughout the year. According to the study, cryptocurrency-based capital flight stemming from China was around $11.4 billion in 2019. Peckshield’s research recorded a number of illegal or otherwise unregulated transactions over the last few years. Also Read: Mining Report Highlights China’s ASIC Manufacturing Improvements and Dominance International Unregulated Capital Flow Using Cryptocurrencies Surges in 2019, While China Saw $11.4 Billion in Capital Flight Crypto Transactions In January…
Read MoreWhite House Market Wants to Become the Darknet’s Toughest DNM
White House Market (WHM) is an ultra-secure darknet market (DNM). It disallows Javascript, enforces PGP throughout, admins key sign every 72 hours, and only accepts monero (XMR). It might be the darknet’s most private market. But do its vendors deliver? News.Bitcoin.com dusted down some XMR and decided to find out. Also read: How to Encrypt Messages With PGP When Using Darknet Markets A Fortress in the War on Privacy “All transactions on the blockchain can be traced due to blockchain’s immutability,” begins surveillance firm Bitfury in its December report on…
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