One of the largest cryptocurrency ATM operators, Coin Cloud, which claims to operate more than 5,000 crypto ATMs, has filed for bankruptcy in the U.S. The company’s largest creditor is Genesis Global Trading, whose parent company also recently filed for bankruptcy in the U.S. Coin Cloud Files for Bankruptcy CashContinue Reading
PRESS RELEASE. Global crypto exchange LBank has registered as a Virtual Asset Provider with Italian regulator Organismo degli Agenti e dei Mediatori (OAM). The regulatory approval allows the exchange to offer a range of services and products to Italian users. On the 1st of February 2023, LBank completed its registrationContinue Reading
Brian Armstrong, CEO of Coinbase, expressed concern about rumors that the U.S. Securities and Exchange Commission (SEC) may eliminate cryptocurrency staking for retail customers in the United States. Armstrong insisted that “staking is not a security” and that the trend allows users to “participate directly in running open crypto networks.”Continue Reading
Chainlink rallied to a three-month high during Thursday’s session, despite a red wave sweeping through cryptocurrency markets. Today’s surge came as the token broke out of a key resistance level. Dogecoin, on the other hand, was victim to today’s market sell-off, falling to a ten-day low in the process. ChainlinkContinue Reading
Localbitcoins, the Helsinki, Finland-based bitcoin exchange founded in 2012, is closing operations after over a decade of service. The company’s operators attribute the shutdown to the “ongoing crypto-winter,” which has left them unable to continue offering their bitcoin trading services. The Challenges Faced by Localbitcoins and its Ultimate Demise inContinue Reading
Bitcoin dropped to a two-week low on Feb. 9, with prices falling below the $23,000 mark after a brief rally on Wednesday. Cryptocurrencies moved lower across the board, as uncertainty surrounding the state of the global economy impacted investor confidence. Ethereum also slipped, following a move towards $1,700 during yesterday’sContinue Reading
The new COLDCARD improves upon the Mk4 by adding a QWERTY keyboard, a big LCD screen, and a QR code scanner. Bitcoin hardware company Coinkite is launching a new higher-end COLDCARD, featuring a full QWERTY keyboard, a larger LCD screen and a QR code scanner. The COLDCARD Q1 will alsoContinue Reading
Meet Erin, a Bay Area urban farmer and astrologist who sees Bitcoin and homesteading as community-focused ways of becoming self-sufficient. In this edition of the “Bitcoin Homesteaders Interview Series,” I spoke with Erin, who built an urban farm in the backyard of her rented apartment in the San Francisco BayContinue Reading
A new use case for bitcoin is causing a stir because of its ability to include data directly on-chain. An analysis of inscriptions’ impact on block space. The below is an excerpt from a recent edition of Bitcoin Magazine PRO, Bitcoin Magazine’s premium markets newsletter. To be among the firstContinue Reading
Major crypto exchanges have offered to help the people of Turkey to overcome the consequences of this week’s devastating earthquake. While the crypto industry pledged support, the country’s financial authorities allowed the raising of relief funds through cryptocurrency donations for a charity organization. Leading Exchanges Commit to Supporting the VictimsContinue Reading
