Gambling

Here’s How the Crypto Sector Is Navigating the Pandemic’s Challenges

Source Node: https://cointelegraph.com/news/heres-how-the-crypto-sector-is-navigating-the-pandemics-challenges
Time Stamp: April 8, 2020 12:01 PM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

Despite hopes that a peak of the coronavirus cases is near, the pandemic continues to impact almost every aspect of daily life, becoming a rolling news ticker in itself. When such a disaster strikes, it can be easy to go through each day devouring the latest news as it occurs and digesting each piece as a story by itself without forming an overall picture.This pandemic is a seismic event with far-reaching impacts across different sectors, and crypto is no exception. In fact, because cryptocurrency markets move at breakneck speeds, the

P2P Exchange Paxful Now Offers Gold Transactions

Source Node: https://insidebitcoins.com/news/p2p-exchange-paxful-now-offers-gold-transactions/256776
Time Stamp: April 7, 2020 10:21 AM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

Paxful, a peer-to-peer Bitcoin trading exchange, has added an option for users to now make transfers in gold.According to a post from CoinDesk, much like trading Bitcoin, users can decide when and where the trade is meant to happen. From there, funds will be sent into escrow until the trade is confirmed, and Paxful will release the funds. However, it’s worth noting that confirmation must happen within 21 days or the trade will fall through.Speaking a little on the matter was Ray Youssef, the CEO of Paxful. He said to

Pandemic Is Changing Bitcoin Usage in ‘Unexpected Ways,’ Says Chainalysis

Source Node: https://cointelegraph.com/news/pandemic-is-changing-bitcoin-usage-in-unexpected-ways-says-chainalysis
Time Stamp: April 2, 2020 6:05 AM - Modified On: August 29, 2021 - Published By:
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Republished By Plato

Leading blockchain intelligence firm Chainalysis has found that the COVID-19 pandemic and global economic contraction is affecting Bitcoin (BTC) consumer habits in surprising ways.In a new report published on March 30, Chainalysis details how Bitcoin spending trends in three areas — merchant services, gambling and darknet marketplaces — have changed, or even reversed. Weakening correlation could be a boon for Bitcoin merchant services, says reportChainalysis reported that one such change in trend shows resilience among Bitcoin merchant services in the current economic crisis. For example, the firm’s data for Bitcoin spending using