industry

Nigeria Launches Its First Bitcoin ATM

Source Node: https://insidebitcoins.com/news/nigeria-launches-its-first-bitcoin-atm/256256
Time Stamp: April 2, 2020 11:46 AM - Modified On: August 29, 2021 - Published By:
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The largest country in Africa, Nigeria, is becoming savvier in the crypto sphere by the day. It recently launched its first Bitcoin ATM, which is also the fifteenth in the entire continent.Blockstale BTM installs ATMThe ATM was installed in the Dazey Lounge and Bar in the state of Lagos by Blockstale BTM. It plans to start 30 more terminals across the country. Daniel Adekunle, the founder and chief executive of the company said,“Despite all the legal uncertainties about cryptocurrencies in Nigeria, Nigerians happen to be the highest crypto traders in

Confirmed! Brandon Chez Steps Down as Binance Completes Acquisition of CoinMarketCap

Source Node: https://coinfomania.com/binance-completes-acquisition-of-coinmarketcap/?utm_source=rss&utm_medium=rss&utm_campaign=binance-completes-acquisition-of-coinmarketcap
Time Stamp: April 2, 2020 10:32 AM - Modified On: August 29, 2021 - Published By:
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It all started out as a rumor and many thought it was just another April Fool’s prank, but it is now official. Binance has acquired the largest cryptocurrency data tracking site, CoinMarketCap (CMC), the exchange announced today. The coming together of the largest crypto companies is considered an industry milestone, as it could eventually result in significant opportunities, especially in the area of cryptocurrency data tracking, which will contribute to the growth of the industry. While commenting on the development, the CEO of Binance, Changpeng Zhao (CZ), said that the

Remaining Anonymous: Which Crypto Privacy Solution Works Best?

Source Node: https://cointelegraph.com/news/remaining-anonymous-which-crypto-privacy-solution-works-best
Time Stamp: April 2, 2020 9:44 AM - Modified On: August 29, 2021 - Published By:
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The cryptocurrency industry was initially headlined as anonymous digital cash. While experts were keen to point out that this was not exactly the case, Bitcoin (BTC) found initial popularity in darknet markets such as Silk Road, where merchants sold illegal goods ranging from light drugs to, allegedly, hitman services. Founded in 2011, Silk Road thrived for the next two years until the Federal Bureau of Investigation shut it down in 2013. Authorities later revealed that completely free blockchain explorers aided their investigative efforts.Bitcoin’s transaction ledger is completely open for the

1.1 Million In USDC Invested Into Uniswap and PoolTogether By Coinbase

Source Node: https://insidebitcoins.com/news/1-1-million-in-usdc-invested-into-uniswap-and-pooltogether-by-coinbase/256195
Time Stamp: April 2, 2020 8:55 AM - Modified On: August 29, 2021 - Published By:
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Coinbase, one of the world’s heavyweight exchanges, has recently invested 1.1 million in USDC to the decentralized finance protocols of PoolTogether and Uniswap.Pushing In 1.1 Million In USDC To Smart ContractsAccording to the announcement the San Francisco-based crypto exchange had made, the funding itself comes from its USDC Bootstrap Fund. This Fund was created back in September of last year, with an initial funding clocking in at $2 million. The move itself comes as a bid from the exchange to stimulate the growth of the USDC within the Decentralized Finance

Gold Is ‘Toilet Paper’ for the Rich, Bitcoin for the Poor — Max Keiser

Source Node: https://cointelegraph.com/news/gold-is-toilet-paper-for-the-rich-bitcoin-for-the-poor-max-keiser
Time Stamp: April 2, 2020 8:06 AM - Modified On: August 29, 2021 - Published By:
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People are going to buy Bitcoin (BTC) in droves — because there will be no gold for sale due to coronavirus, Max Keiser predicts.In a recent edition of his Keiser Report news program on March 31, Keiser said that the coronavirus pandemic will push billionaires into gold as a safe haven. Keiser: people will “flock en masse” to BTCOnce supplies are bought up and stockpiled, the only alternative left is Bitcoin.He summarized:“I predict — and this is not only the ultimate use case but the ultimate irony — that once people

Binance Set To Launch A Crypto Mining Pool

Source Node: https://insidebitcoins.com/news/binance-set-to-launch-a-crypto-mining-pool/256185
Time Stamp: April 2, 2020 6:53 AM - Modified On: August 29, 2021 - Published By:
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Binance, one of the world’s top crypto-asset exchanges, has announced that it will further expand its offerings in the crypto finance industry. They will do so through the launch of a new mining pool service.Hiring Professional HelpThe news came out on Wednesday by none other than Binance’s CEO and founder, Changpeng Zhao. Zhao, nicknamed CZ, made the announcement on Twitter that Binance will have mining pools as an addition to its already impressive finance suite, which includes saving, earning, staking, and loans already.As it stands now, Binance has reportedly hired

AT&T Starts Appeal to Dismiss Crypto Investor’s SIM Swapping Case 

Source Node: https://insidebitcoins.com/news/att-starts-appeal-to-dismiss-crypto-investors-sim-swapping-case/256178
Time Stamp: April 2, 2020 4:44 AM - Modified On: August 29, 2021 - Published By:
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AT&T has moved to have a long-standing negligence case against it dismissed. Earlier this week, the company filed a motion to dismiss claims that it was complicit in a SIM swapping case that resulted in millions in crypto stolen from its customers. The case itself originated back in 2018, when crypto investor Michael Terpin sued the telecoms giant of negligence and accused it of being complicit in two separate SIM swapping operations. A Timeline of Terpin’s CaseAt the time, Terpin claimed to have lost almost $24 million, but was suing the firm

New Report links Satoshi Nakamoto with the Monero Whitepaper

Source Node: https://insidebitcoins.com/news/new-report-links-satoshi-nakamoto-with-the-monero-whitepaper/256175
Time Stamp: April 2, 2020 4:24 AM - Modified On: August 29, 2021 - Published By:
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The identity of Bitcoin creator (or creators) Satoshi Nakamoto is still one of the most highly debated questions in the crypto space today. However, a new research report is suggesting that the creator also developed another prominent digital asset. According to new research by Monero Outreach, the privacy-focused digital asset may also be the creator of Bitcoin. Using Monero to “Fix” BitcoinMonero was developed in 2014 as a means of addressing some of the privacy issues that Bitcoin had at the time. Up till today, the asset remains one of the most private digital

CMT Digital Head Says BTC Trading Still Strong Despite Global Conditions

Source Node: https://cointelegraph.com/news/cmt-digital-head-says-btc-trading-still-strong-despite-global-conditions
Time Stamp: April 1, 2020 6:35 PM - Modified On: August 29, 2021 - Published By:
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Amid global coronavirus fears and plunging mainstream markets, Bitcoin (BTC) trading has remained largely unchanged, according to CMT Digital head of trading and business development, Brad Koeppen.“Bitcoin trading has not been that different,” Koeppen told Cointelegraph in a March 31 email. “Volatility and volumes saw an uptick as BTC sold off with the traditional markets but high volatility is nothing new in Bitcoin.”Koeppen also referenced the problems seen on exchanges around the time of Bitcoin’s massive drop between March 11 and 13, noting that this is “nothing new” in the

Evolution of‘Payments’ Will Bolster Next-Generation Businesses

Source Node: https://medium.com/datadriveninvestor/evolution-of-payments-will-bolster-next-generation-businesses-f670ff793f80?source=rss-------8-----------------cryptocurrency
Time Stamp: April 1, 2020 9:36 AM - Modified On: August 29, 2021 - Published By:
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Humans have always been on a developmental journey. When we are born into thousands of years of inventions and improvements, it’s easy to take for granted what’s around us— as if they always existed. We seldom think about the changes it took to get to where we are.Take for example, the creation of language and how that opened up a new course in human history. How it led to communication, collaboration, communities and organizations. From there, people organized a set of doctrines and came up with story-telling, a precursor to