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5 Crypto Exchanges Custody 1.6 Million Bitcoin or Close to 8% of the Capped Supply
13.12.2021
As of December 12, around 90% of all the bitcoin that will ever exist is in circulation today, and the top five exchanges hold 1.6 million bitcoin. The bitcoin holdings on Coinbase, Binance, Huobi, Kraken, and Okex combined represent 7.96% of the 21 million bitcoin supply cap. The bitcoin held...
Volatility, hyperinflation and uncertainty: How everyday Venezuelans are using stablecoins to protect their livelihoods
9.12.2021
Customers of stablecoin payment app Reserve express their dependency on technology for everyday transactions
Popular BTM Operator Bitcoin of America Wins Silver in 11th Annual Best in Biz Awards
6.12.2021
PRESS RELEASE. Bitcoin of America has been named a silver winner in the Company of the Year – Midwest category in Best in Biz Awards, the only independent business awards program judged each year by prominent editors and reporters from top-tier publications in North America. Bitcoin...
FTX Raises $420 Million in Series B-1 — Crypto Exchange Commands $25 Billion Valuation
22.10.2021
The digital currency exchange FTX Trading Limited announced the firm has raised more than $420 million in a Series B-1 fundraise. The capital raise follows the crypto exchange’s financing round at the end of July when FTX raised $900 million. After the raise was announced on October 21,...
Popular BTM Operator: Bitcoin of America Adds Ethereum to Its Bitcoin ATMs
18.10.2021
PRESS RELEASE. Bitcoin of America is a popular virtual currency exchange, registered as a money services business with the United States Department of Treasury (FinCEN)(RegNum). Apart from ensuring a fast and hassle-free transaction, they are known for their customer support. Bitcoin of America...
Popular Bitcoin ATM Operator: Bitcoin of America Working With WGN Radio to Promote Cryptocurrency Education
1.10.2021
PRESS RELEASE. Bitcoin of America (BOA) is a popular virtual currency exchange, headquartered in Chicago, IL. They are known for their extensive number of Bitcoin ATM locations across the United States. Bitcoin of America’s CEO, Sonny Meraban, and Director of Marketing, Jenna Polinsky, have...
China’s Crypto Crackdown: Fundamentals Still Show Bull Market Continuation, Bobby Lee Says ‘Don’t Panic’
24.9.2021
The People’s Bank of China (PBOC), the country’s central bank, published a Q&A to its website which said that Chinese citizens participating in virtual currency exchange offshore is “considered illegal financial activity.” The PBOC also reiterated comments it...
US Treasury Sanctions Crypto Exchange, Bitcoin Mining at Home + More News
21.9.2021
ilitating transactions involving illicit proceeds for at least eight ransomware variants - marking its first such move against a virtual currency exchange over ransomware activity. Some virtual curre
Crypto.com Becomes Malta’s First Licensed Digital Currency Exchange to Offer Bank Transfers
11.7.2021
The digital asset trading platform Crypto.com has announced the firm has become the first global cryptocurrency exchange to obtain an Electronic Money Institution (EMI) license from the Malta Financial Services Authority (MFSA). According to the announcement, Crypto.com’s EMI license will...
South Korean Crypto Exchange Bithumb Bans Employees from Trading Bitcoin
3.7.2021
One of the largest South Korean cryptocurrency exchanges, in terms of trade volume, Bithumb, has announced that employees are banned from trading bitcoin on the exchange platform. The company’s chief executive officer revealed the decision in a Bithumb newsletter focused on improving...
Bitcoin of America’s Chief Financial Officer Reports Record Company Growth
2.7.2021
PRESS RELEASE. Bitcoin of America (BOA), a popular virtual currency exchange, is reporting record growth. Bitcoin of America is registered as a money services business with the United States Department of Treasury (FinCEN). Their mission is to provide their customers with a fast and easy...
Bitcoin of America Makes It Big: The Team Behind One of the Largest Bitcoin ATM Operators Worldwide
25.6.2021
PRESS RELEASE. Bitcoin of America, a popular virtual currency exchange, is known for their 1200+ ATMs across 31 US states. Bitcoin of America is looking to bring attention to the success their team, working behind the scenes, has had on the company’s growth. Some of their top executives were...
FBI Arrests 6 Free Keene Members Operating Cryptocurrency Exchange
21.3.2021
Six people involved with the Free Keene movement have been arrested and charged for allegedly operating an illegal cryptocurrency exchange business. “They operated their virtual currency exchange business using websites, as well as operating virtual currency ATM machines in...
ATM Network Bitcoin of America Partners Announces Partnership With Non-Profit Organization Jambos
18.3.2021
PRESS RELEASE. Bitcoin of America, a popular virtual currency exchange, has announced its partnership with Jambos. Jambos is a non-profit organization that helps bring comfort to thousands of children in the foster care system. Even though Jambos and Bitcoin of America differ in their services,...
Goldman Sachs Reports Rising Customer Demand for BTC: Predicts an ‘Explosion’ in the Use of Digital Currencies
12.3.2021
John Waldron, the chief operating officer (COO) of Goldman Sachs, says the financial services giant is seeing rising customer demand to own and invest in bitcoin. Nevertheless, the COO explained that his organization was still exploring ways of satisfying this demand without running afoul...
Luxurious Pro Network Token Officially Listed on PROBIT
7.2.2021
PRESS RELEASE. The LUXURIOUS PRO NETWORK TOKEN is now officially listed on PROBIT, a globally reputed professional digital currency exchange. Officials from both the organizations have expressed their opinion in this regard. “In my opinion, LPNT’s solid strategy will benefit users...
American Express’ Venture Arm Invests in a Cryptocurrency Trading Platform
19.12.2020
American Express says its venture arm, Amex Ventures has invested in Falconx the cryptocurrency trading platform that focuses on serving institutional trading clients. Amex’s investment, which was announced during a record-breaking week for bitcoin, underscores the credit card issuer’s...
Southeast Asia’s Largest Bank DBS Plans to Launch a Cryptocurrency Exchange
27.10.2020
The Singaporean multinational banking and financial services corporation DBS published an announcement revealing it was launching a cryptocurrency exchange. The announcement was later removed by the company but crypto proponents have learned about the upcoming support for assets like bitcoin...
Okex Halts Withdrawals Due to ‘Out of Touch’ Private Key Holder, Founder Star Xu Talks With Police
16.10.2020
The digital currency exchange Okex disabled cryptocurrency withdrawals on Friday morning and explained that funds were “safe and not affected.” Following the withdrawal announcement, regional reports claim that Okex’s founder Mingxing “Star” Xu was taken away by...
Hacker from the 2016 Bitfinex Breach Transfers $21M Worth of Bitcoin to Unknown Wallets
8.10.2020
On Wednesday morning (ET), around 2,034 BTC ($21.6 million) from the 2016 Bitfinex hack moved into a few unknown wallets. The action was caught by the Btcparser program as five transactions with around 400 BTC each moved for the first time in four years. On August 2, 2016, the popular digital...