Data shows that there are now more than 5,000 bitcoin ATMs around the world. According to data from CoinATMradar.com, cryptocurrency ATM manufacturer General Bytes has installed 69 new machines since the beginning of June, while Genesis Coin added 24 new BATMs, and Lamassu and Bitaccess added...
Bitcoin startup Lolli announced that it has struck a new partnership with Hotels.com, joining Lolli’s existing partners Booking.com, Priceline, Hilton and Marriott. “We are leveraging our Hotels.com and Booking.com partnerships to begin international expansion in the coming months,” Lolli CEO Alex Adelman told CoinDesk about his...
Players in payments and commerce keep trying to get their heads around blockchain technology, seeking out use cases and striving to determine if the reality can ever live up to the hype. Answers are relatively slow in coming, and skepticism abounds. However, in Canada, real-time...
The Financial Action Task Force (FATF) has demanded strict know-your-customer procedures for all small digital asset sales, bringing an end to anonymous crypto exchanges, which can be used for money laundering and terrorism financing. “In cases where a [Virtual Asset Service Provider] VASP carries out...
A new survey has found that 19 percent of bitcoin traders have been the victim of a hack on cryptocurrency exchanges, while 15 percent of consumers have been hit with crypto fraud. The report, “Uncharted Territory: Why Consumers are Still Wary about Adopting Cryptocurrency,” also...
Bitcoin price surpassed $10,000 for the first time in more than a year. The cryptocurrency hit the milestone late Friday (June 21) and by the next morning, it had climbed above $11,000. In fact, bitcoin has more than tripled in value from its low at...
Overstock CEO Patrick Byrne said that he welcomes Facebook’s entry into the cryptocurrency market. At the the Fortune Brainstorm Finance conference in Montauk, N.Y., Byrne told CNN Business that the social media giant’s launch of its own digital currency validates the space — and Overstock...
A Swedish man has been charged with securities fraud, wire fraud, and money laundering in connection with a bitcoin scam that defrauded more than 3,500 victims of over $11 million — and faces extradition to the U.S. Roger Nils-Jonas Karlsson and his company, Eastern Metal...
Australian Craig Wright, who has declared himself the inventor of bitcoin, believes that a series of lawsuits will help him prove that he is the inventor of bitcoin. But many in the crypto industry do not believe Wright’s claims. For example, software pioneer John McAfee...
