As bitcoin ATMs have been installed in more locations, they have become a “payment portal for scammers,” the Federal Trade Commission (FTC) said in a Tuesday (Sept. 3) data spotlight. The amount of money consumers lost to scams involving bitcoin ATM machines increased tenfold between 2020 and 2023,...
The blockchain for the Marshallese sovereign (SOV) digital currency will be developed with Algorand technology, according to an announcement. The supply of SOV will be set to increase at 4 percent yearly to stop inflation from occurring. It will be debuted via a token pre-sale,...
Overstock CEO Patrick Byrne said that he welcomes Facebook’s entry into the cryptocurrency market. At the the Fortune Brainstorm Finance conference in Montauk, N.Y., Byrne told CNN Business that the social media giant’s launch of its own digital currency validates the space — and Overstock...
Business for bitcoin ATM companies seems to be booming, with Coin ATM Radar estimating that there are now 4,213 cryptocurrency ATM machines around the globe, most only offering bitcoin. Matias Goldenhörn, director of Latin America operations at the ATM operator Athena Bitcoin, told CoinDesk that the...
September 03, 2024
As bitcoin ATMs have been installed in more locations, they have become a “payment portal for scammers,” the Federal Trade Commission (FTC) said in a Tuesday (Sept. 3) data spotlight. The amount of money consumers lost to scams involving bitcoin ATM machines increased tenfold between 2020 and 2023, rising from $12 million to $114 million, according to the […]
March 03, 2020
The blockchain for the Marshallese sovereign (SOV) digital currency will be developed with Algorand technology, according to an announcement. The supply of SOV will be set to increase at 4...
June 23, 2019
Overstock CEO Patrick Byrne said that he welcomes Facebook’s entry into the cryptocurrency market. At the the Fortune Brainstorm Finance conference in Montauk, N.Y., Byrne told CNN Business that the...
January 27, 2019
Business for bitcoin ATM companies seems to be booming, with Coin ATM Radar estimating that there are now 4,213 cryptocurrency ATM machines around the globe, most only offering bitcoin. Matias Goldenhörn,...
