Australian Bitcoin ATM Firm Makes Weekly Profit in 2018

An Australian bitcoin ATM firm, Auscoin which have successfully installed 31 ATMs all over Australia have revealed that the company earned $360k weekly in 2018. Mr Karagiozis commented, “Our turnover is $360k USD a week, which is just insane considering how much the price of Bitcoin has dropped. It just shows there really is a market for it”.

The post Australian Bitcoin ATM Firm Makes Weekly Profit in 2018 appeared first on Incrypts.

Australian Bitcoin ATM Firm Makes Weekly Profit in 2018

A Blockchain is a growing list of records, called blocks, which are linked using cryptography. Cryptography is the practice and study of techniques for secure communication in the presence of third party adversaries. Cryptocurrency is a digital currency that uses encryption (cryptography) to regulate the generation of currency and verify the transfer of funds, independently of a central bank.

Blockchain 101 · Crytpo Currency Market
—————————————————
Trezor: Hardware Wallet
Binance: Exchange for Traders
Ledger Nano S: Hardware Wallet
Coinbase: Exchange for Investors
CoinSwitch: Wallet-to-Wallet Exchange

BlockEx to Layoff its Staffs

The London-headquartered firm, BlockEx  made announcement regarding its intention to layoffs its staff due to financial issues. Adam Leonard, the CEO of BlockEx explained, “We are not winding down the business and hope to have some good news next week.” The number of staffs to be layoffs was undisclosed and the CEO remains optimistic about the future of its business.

The post BlockEx to Layoff its Staffs appeared first on Incrypts.

BlockEx to Layoff its Staffs

A Blockchain is a growing list of records, called blocks, which are linked using cryptography. Cryptography is the practice and study of techniques for secure communication in the presence of third party adversaries. Cryptocurrency is a digital currency that uses encryption (cryptography) to regulate the generation of currency and verify the transfer of funds, independently of a central bank.

Blockchain 101 · Crytpo Currency Market
—————————————————
Trezor: Hardware Wallet
Binance: Exchange for Traders
Ledger Nano S: Hardware Wallet
Coinbase: Exchange for Investors
CoinSwitch: Wallet-to-Wallet Exchange

Venezuela to Welcome its First Bitcoin ATM

The first Bitcoin ATM had already arrived in Venezuela which will become the first of its kind to be installed in the country. Farias, CEO of Cryptobuyer explained in an interview with Union Radio, “We already have the equipment physically installed in Venezuela, in Caracas; it’s in its final test stage and we will then be making an announcement on social networks.”

The post Venezuela to Welcome its First Bitcoin ATM appeared first on Incrypts.

Venezuela to Welcome its First Bitcoin ATM

A Blockchain is a growing list of records, called blocks, which are linked using cryptography. Cryptography is the practice and study of techniques for secure communication in the presence of third party adversaries. Cryptocurrency is a digital currency that uses encryption (cryptography) to regulate the generation of currency and verify the transfer of funds, independently of a central bank.

Blockchain 101 · Crytpo Currency Market
—————————————————
Trezor: Hardware Wallet
Binance: Exchange for Traders
Ledger Nano S: Hardware Wallet
Coinbase: Exchange for Investors
CoinSwitch: Wallet-to-Wallet Exchange

South Korea’s Crypto Exchange Komid Exchanges Top Executives Arrested

Two senior officials including the CEO of the South Korean cryptocurrency exchange, Komid have been arrested for inflating trade volumes. The CEO of the crypto-exchange was sentenced to 3 years in jail while the other undisclosed employee received a 2-year jail sentence for being involved in fraud, embezzlement and misconduct of its crypto-exchange operation.

The post South Korea’s Crypto Exchange Komid Exchanges Top Executives Arrested appeared first on Incrypts.

South Korea’s Crypto Exchange Komid Exchanges Top Executives Arrested

A Blockchain is a growing list of records, called blocks, which are linked using cryptography. Cryptography is the practice and study of techniques for secure communication in the presence of third party adversaries. Cryptocurrency is a digital currency that uses encryption (cryptography) to regulate the generation of currency and verify the transfer of funds, independently of a central bank.

Blockchain 101 · Crytpo Currency Market
—————————————————
Trezor: Hardware Wallet
Binance: Exchange for Traders
Ledger Nano S: Hardware Wallet
Coinbase: Exchange for Investors
CoinSwitch: Wallet-to-Wallet Exchange

Coinme teams up with Coinstar to offer Bitcoin purchasing facilities

Washington-based Coinme, which has operates Bitcoin ATMs signs deal with international coin counter Coinstar to offer Bitcoin purchasing facilities in thousands of new locations. Neil, Coinme’s CEO commented “Bitcoin is now accessible at your local grocery store via Coinstar kiosks, and this offering will make it even easier for consumers to access this dynamic new economy.”

The post Coinme teams up with Coinstar to offer Bitcoin purchasing facilities appeared first on Incrypts.

Coinme teams up with Coinstar to offer Bitcoin purchasing facilities

A Blockchain is a growing list of records, called blocks, which are linked using cryptography. Cryptography is the practice and study of techniques for secure communication in the presence of third party adversaries. Cryptocurrency is a digital currency that uses encryption (cryptography) to regulate the generation of currency and verify the transfer of funds, independently of a central bank.

Blockchain 101 · Crytpo Currency Market
—————————————————
Trezor: Hardware Wallet
Binance: Exchange for Traders
Ledger Nano S: Hardware Wallet
Coinbase: Exchange for Investors
CoinSwitch: Wallet-to-Wallet Exchange