Monthly Bitcoin ATM additions in Australia hit 29-month streak
Australia has a total of 1,359 Bitcoin ATMs, which is about 3.5% of all crypto ATMs in the world.
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Bakkt Teases Launch of Consumer Payments App Scheduled for 2020
Cryptocurrency custody and futures trading platform Bakkt has announced its coming entry into mobile payments with a consumer app.Per an Oct. 28 blog post from the company, Bakkt will follow its recent successes in trading Bitcoin (BTC) futures with a consumer app. According to the company, the app will help consumers “unlock the value of…

Industry Investors Shift Focus From Crypto to Convergence Apps: Report
The year of 2019 has witnessed a shift in investments from focusing purely on digital currency to convergence applications, according to a new report from Outlier Ventures published on Aug. 13.Early stage investors shift focusThe “Investment in Blockchains 2019” report, which provides insight into blockchain investment and market trends in 2019, states that blockchain-focused companies…

Cryptocurrency Exchange OKEx to Launch Options Trading This Month
Malta-based cryptocurrency exchange OKEx announced that it will launch crypto options trading on Dec. 27.In a press release on Dec. 9, the exchange said that the addition of options makes OKEx the “first crypto exchange to offer C2C, spot, futures, perpetual swap, and options trading under the same roof.” The options will allow the platform’s users…

Bitcoin miners say NY ban will be ineffective and ‘isolate’ the state
Two Bitcoin miners have told Cointelegraph that if the bill banning Proof-of-Work mining for two years in New York becomes law, it would end up triggering an exodus of mining companies from the state and do little to address the intended goals of the moratorium.GEM Mining CEO John Warren told Cointelegraph on June 8 that he…

Salary payments in USDT stablecoin ruled as illegal in the Chinese court
Tether USDT stablecoin cannot be used for salary payments, a Chinese court ruled, citing the country’s blanket ban on all types of crypto transactions. 228 Total views 3 Total shares Despite the Chinese government banning all kinds of cryptocurrency transactions last year, some firms apparently still use stablecoins like Tether (USDT) to pay their employees.Beijing’s…

VeChain launches blockchain platform to encourage carbon data reporting
VeChain has announced a new blockchain initiative designed to help businesses openly track and report their carbon emissions data. 1314 Total views 96 Total shares Supply chain management platform VeChain has announced a new service for combining businesses to overhaul their carbon footprint data management practices.The new service, detailed in a Medium post on Thursday,…

Hacked Crypto Exchange Coincheck Posts 66 Percent Lower Revenue in Q3 2018
Japanese crypto exchange Coincheck saw a 66 percent decline in revenue for Q3 2018, according to fiscal results published by the exchange’s operator, Monex Group, Oct. 29.Coincheck was acquired by Monex Group Inc. as a wholly owned subsidiary on Apr. 16, when Coincheck decided to rehaul its shareholder composition and management after $532 million worth…

Major US Retailer Kroger Drops Visa, Morgan Creek Digital Suggests Lightning Network
Morgan Creek Digital founder Anthony Pompliano has suggested that major United States retailer Kroger should deploy the Lightning Network in its stores, following the brand’s decision to stop accepting Visa at some locations. According to Pompliano’s tweet from Mar. 3, the negotiations have already started.On Friday, Mar. 1, Kroger officially announced that its Smith's Food…