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The Rise and Rise of Bitcoin ATMs Continues as Circle K Adds Another 20

The Rise and Rise of Bitcoin ATMs Continues as Circle K Adds Another 20

Canadian-owned American multinational chain of convenience stores Circle K has added Bitcoin ATMs to 20 of its convenience stores in the US. The ATMs at the company’s Arizona and Nevada stores can buy up to a limit of USD 20K a day through DigitalMint’s new link up with the chain. DigitalMint claims to be the largest ATM operator in the …


Florida City Pays out Bitcoin Ransom to Hackers

Florida City Pays out Bitcoin Ransom to Hackers

In Florida, Riviera Beach’s city council has been forced to pay out a ransom of USD 600,000 in Bitcoin to hackers who targeted its computer systems. With email and 911 dispatches affected by the attack in May, River Beach City Council voted to pay off the hackers in order to protect their systems. Although Bitcoin is rarely used as ransom …


London Broker Chooses Crypto Derivatives Market as Safe Zone

London Broker Chooses Crypto Derivatives Market as Safe Zone

A major London broker is now moving into Bitcoin after losing 36% of its market value in a day’s trading in 2018. The company, a division of the world’s biggest interdealer broker TP ICAP has been wooed by the advantages of trading in Bitcoin and has become an intermediary to those wanting to trade in Bitcoin futures as well as planning …


Jack Dorsey: Bitcoin “Is for the World and for the People of the World.”

Jack Dorsey_ Bitcoin “Is For the World and for the People of the World.”

If Twitter’s Jack Dorsey is reluctant to condone a Facebook cryptocurrency, he hasn’t actively spoken out against it. But according to him, cryptocurrency’s greatest asset, Bitcoin, belongs to everyone. The co-founder and CEO of Twitter, and founder and CEO of mobile payments company Square, has in fact stuck to his call for “a currency for the internet” which is not …


Bitcoin Continues to Be the Go-To Store-Of-Value in Crypto Market

Bitcoin Continues to Be the Go-To Store-Of-Value in Crypto Market (1)

Bitcoin is proving to continue its role as the asset of choice through the markets current run, gaining as much as 2.4% to USD 8,463 on Friday with Ether, Litecoin and EOS in the red. It is thought that Bitcoin has benefited from the latest announcement that from September 2019, Malta-based Binance will cease providing services to US traders and …


BitPay Downtime Leaves Customers Without Service for 2nd Day

Bitpay Goes Down Leaving Customers Without a Service

Many customers were left frustrated and annoyed as BitPay’s outage moved into a second day after being shut down for undisclosed reasons yesterday. The (BTC) payment processing service is receiving plenty of criticism from users today as those reliant on the company for payments and salaries were left without an answer after attempting to contact Bitpay’s Support portal. Hello, our …


Telecom Giant AT&T Joins Growing List of Services Accepting Bitcoin

Telecom Giant AT&T Joins Growing List of Services Accepting Bitcoin

AT&T Inc, the world’s largest telecommunications company based in Dallas, Texas has now made Bitcoin payment available to its more than 150 million subscribers. Although new transaction research indicates that Bitcoin will still need a decade of adoption and technological development before it can overtake competitors like Paypal, Visa, and Mastercard, multinationals are beginning to take a good look. The …


Big Guns Speak Out in Favor of Bitcoin Investment Now

Big guns in the industry, The Winklevoss Twins and Fundstradt’s Tom Lee have spoken out this week on Bitcoin’s “digital gold” potential, a topic they have all pushed before, and agree that now is the time to not sit on the fence when it comes to investing in Bitcoin. Bitcoin entrepreneurs and Gemini founders Tyler and Cameron were renowned in …


IRS Still Dragging Heels on Crypto Rules

The US Internal Revenue Service (IRS) moves to provide clear cryptocurrency taxation guideline to the increasing user base in the United States continues to develop at a snail’s pace with the agency responsible for collecting taxes promising Congress that it will issue new cryptocurrency tax guidance soon. This, of course, is not the first of such promises over recent times; …


Is There a Future for the Crypto City

Is There a Future For The Crypto City

With Bitcoin seemingly on the march again, news of yet another smart city planned for construction stirs up the debate; can self-regulating crypto cities become a future reality if cryptocurrencies surpass cash and credit, or must they continue to share the same space. Autonomous and self-regulating crypto environments aren’t simply a pipedream, if not a reality they are becoming the …


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