Day: May 25, 2019

Bogota’s EXMA 2019 Will Feature Bitcoin Cash Payments at Home Burgers

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At this year’s EXMA conference in Bogota on May 27-28, attendees will find that payment processor Pagos Inteligentes will allow bitcoin cash (BCH) payments at Home Burgers inside the Movistar Arena. The EXMA event is one of the biggest entrepreneurship conferences in Latin America and Pagos Inteligentes alongside its partner Xpay hopes to show EXMA participants that crypto payments are the future of money. Also read: Bitcoin.com Launches Free Bitcoin Cash Register Platform for iOS Devices Cryptocurrency Payments Will Be Highlighted at This Year’s EXMA Market Economy Conference Pagos Inteligentes…

Bogota’s EXMA 2019 Will Feature Bitcoin Cash Payments at Home Burgers

boss

At this year’s EXMA conference in Bogota on May 27-28, attendees will find that payment processor Pagos Inteligentes will allow bitcoin cash (BCH) payments at Home Burgers inside the Movistar Arena. The EXMA event is one of the biggest entrepreneurship conferences in Latin America and Pagos Inteligentes alongside its partner Xpay hopes to show EXMA participants that crypto payments are the future of money. Also read: Bitcoin.com Launches Free Bitcoin Cash Register Platform for iOS Devices Cryptocurrency Payments Will Be Highlighted at This Year’s EXMA Market Economy Conference Pagos Inteligentes…

Fidelity Is Really In Love With Bitcoin: Texas Office Filled With Crypto ASICs

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Many cynics say that institutions and other big names in the corporate world aren’t in Bitcoin (BTC) or crypto assets yet. But, this is quickly being proven not to be the case. In a recent tweet, a Bitcoin developer and industry insider revealed that one of the biggest names on Wall Street has and continues to mine BTC. Related Reading: Fidelity Exec: Hundreds of Institutions Interested in Crypto Investment Fidelity Continues To Mine Bitcoin According to Justin Moon, Fidelity Investments, one of the world’s largest asset managers and financial institutions,…

Why Loans Are Better When They’re Decentralized

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In the feverish quest to decentralize anything even remotely open to decentralization, one of the most promising areas is finance and the financial industry. This shouldn’t be too surprising, given bitcoin and the origins of blockchain technology, but at a time when even babies are being put “on the blockchain,” the emergence of decentralized finance (DeFi) provides welcome proof of crypto’s real utility and applicability. And while DeFi is covering a wider range of areas — from remittances to derivatives and investments — its most promising sector involves credit and…

Trading App Robinhood Set to Raise at Least $200 Million: Report

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United States-based stock and crypto trading app Robinhood is set to raise at least $200 million in a new funding round, Bloomberg reported on May 24. Per the report, an unspecified source familiar with the matter told the outlet about the company’s plans to raise further funding. Moreover, Bloomberg reports that the round would increase the firm’s value to between $7 billion and $8 billion, but that the details could change. Other people familiar with the matter also told Bloomberg that the new funds come from existing investors, all of…

These Tourist Destinations Welcome Bitcoin Cash Enthusiasts

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Spending during the holiday season should be easy but borders, physical and financial, often complicate matters. A world currency that can travel with you and is widely accepted sounds like a good idea. Among cryptocurrencies, bitcoin cash is an ideal candidate, with its low fees and instant transactions. New opportunities to spend, buy and sell BCH are emerging around the world all the time. Also read: Telecom Giant AT&T Now Accepts Bitcoin Cash Payments Europe’s Slovenia Leads in BCH Adoption Bitcoin cash is a currency that facilitates payments and businesses,…

Crypto Tidbits: AT&T Accepts Bitcoin, Grayscale Ethereum Trust Launches Publicly, Binance Margin Inbound

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Another week, another round of Crypto Tidbits. The past week saw not much happen in the cryptocurrency market. Bitcoin (BTC) traded relatively flat, save for a few bouts of major volatility, and other digital assets followed suit. Some altcoins, however, saw a helluva week. Binance Coin, Chainlink, and Litecoin come to mind first. The cryptocurrency space has been tumultuous as of late; we’ve seen both positive and negative news. But there’s an underlying theme: the industry is growing at a rapid rate. Over the past seven days, we’ve seen AT&T…

Crypto Bulls Wrestle Back Control of BNB after Binance’s $40 Million Hack

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By CCN: Binance, the leading cryptocurrency exchange in terms of volume, suffered a massive blow on May 7 when hackers ran away with 7,000 bitcoins. At the time, the total haul was valued at roughly $40 million. Binance CEO Changpeng “CZ” Zhao was quick to reassure their user base by stating that the exchange will cover the damages through the Secure Asset Fund for Users, or SAFU. Nevertheless, some Binance Coin (BNB) holders panic-sold under the assumption that CZ would dump BNB to pay for the damages. They were wrong. In this…

Crypto Bulls Wrestle Back Control of BNB after Binance’s $40 Million Hack

boss

By CCN: Binance, the leading cryptocurrency exchange in terms of volume, suffered a massive blow on May 7 when hackers ran away with 7,000 bitcoins. At the time, the total haul was valued at roughly $40 million. Binance CEO Changpeng “CZ” Zhao was quick to reassure their user base by stating that the exchange will cover the damages through the Secure Asset Fund for Users, or SAFU. Nevertheless, some Binance Coin (BNB) holders panic-sold under the assumption that CZ would dump BNB to pay for the damages. They were wrong. In this…

Is Bitcoin (BTC) Basically A Tech Stock On Steroids?

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There’s been a lot of talk about bitcoin being “digital gold” but could a comparison be better made with high-flying tech stocks? For crypto followers looking for an answer to the critics who say it isn’t backed by anything and no one really uses it to buy stuff, the digital gold idea is a handy riposte. If bitcoin is indeed digital gold then it is the cost of mining it that informs the measure of its intrinsic value, and that has been variously calculated to be anywhere between circa $4,000…