American ATM network Athena Bitcoin is continuing its aggressive expansion in Latin America, with now 17 ATMs in five cities in Colombia. The company is sure the ATMs are a good investment but news.Bitcoin.com spoke to Colombians who were, if anything, baffled by the new machines. Also read: BCH Leads the Way as Crypto Markets Brighten […]
The post Why Colombia Has Become a Hotspot for Bitcoin ATMs appeared first on Bitcoin News.
The Venezuelan government is reportedly converting pension payments into its national cryptocurrency, the Petro.
The post Venezuelan Citizens Forced to Receive Pension Funds in Crypto appeared first on CoinCentral.
The High Court of Ireland has ruled that 25,000 euros (approximately $28,400) worth of ethereum held by Neil Mannion, a 37-year-old man currently serving out a prison sentence for drug offenses, comprise proceeds of crime. Also Read: Google AI Briefly Describes Bitcoin as ‘Collapsed Economic Bubble’ Irish High Court Rules Crypto Comprises Proceed of Crime In […]
The post Irish Court Finds Silk Road Dealer’s ETH to Be Proceed of Crime appeared first on Bitcoin News.
In the current crypto bear market, miners have been battered due to the depreciation of digital assets, leaving many operations struggling to generate profit. In some cases, miners have been forced to exit the business altogether. In their absence, a number of experienced miners are capturing the bulk of the market share, according to one […]
The post How Crypto Miners Are Adapting to Survive the Bear Market appeared first on Bitcoin News.
Before cryptocurrencies started to be widely used for speculation, they were first of all meant to be an unstoppable method for people to control their own money. A new example that this is still a needed use case comes from the U.K., where Iranian students have to bypass the banking system which they can no […]
The post Hit by Sanctions, Iranian Students in the UK Use Bitcoin to Bypass Banks appeared first on Bitcoin News.
On Friday, Openbazaar and Bchd developer, Chris Pacia, revealed a new Bchd project feature currently in the making that would allow for Bitcoin Cash-based bi-directional payment channels. Moreover, in contrast to the Lightning Network, the Bchd developers explained that the team has created an overlay network based on the Inter-Planetary File System (IPFS). Also Read: A […]
The post BCH Devs Publish Bi-Directional Payment Concept Based on IPFS appeared first on Bitcoin News.
The campaign to see bitcoin withdrawn from third-party wallets to private wallets on Jan. 3 is gaining traction. Over the past week, hundreds of Twitter accounts, including those operated by prominent figures such as Nick Szabo, have appended “[Jan/3 🔑]” to their Twitter handle to show support for the operation, timed to coincide with Bitcoin’s […]
The post Support Grows for Bitcoin Proof of Keys on Jan. 3 appeared first on Bitcoin News.
Explaining Bitcoin to someone who knows nothing about Bitcoin isn’t easy. In fact it’s fiendishly tricky. Describing concepts such as blockchain, decentralized networks, and permissionless ledgers to beginners is as tough as describing the color orange to a blind person or the taste of an orange to someone who’s never peeled one. Two new Bitcoin […]
The post These Two Analogies Will Help You Explain Bitcoin to Anyone appeared first on Bitcoin News.
On Thursday, Dec. 13, digital payments platform Revolut announced that the company has been approved for a banking license in Europe by the region’s central bank. According to Revolut, the license will help it provide better access to digital currencies and also offer traditional banking services. Also read: Google Trends Reveals One of the Top Questions […]
The post Digital Currency Platform Revolut Receives European Banking License appeared first on Bitcoin News.
A new report has revealed that hackers have exploited approximately 400,000 routers for crypto mining purposes using malware. Read about it here.
The post Hackers Are Spreading Crypto Mining Malware via Routers appeared first on CoinCentral.
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