Bitcoin (BTC) significantly improved its position when the Chinese government revised its official cryptocurrency rankings. Bitcoin, which had dropped to 16th place in July, jumped to No. 10 this month making it to the top 10 list for the first time. China's Center for Information Industry Development (CCID), under the Ministry of Industry and Information Technology, released the second edition of its state-endorsed cryptocurrency ...
The number of Bitcoin ATM machines (BATM) installed across the world has crossed the 3,500 threshold, according to Coinatmradar.com. Bitcoin ATMs are installed in 73 countries in the world. Two thirds of them are concentrated in North America. Out of a total of 3,504 BATMs worldwide, 2163 are installed in the United States, and 613 in Canada. Genesis Coin and General Bytes make up over half of all installations. Markets seem to be seeking ...
Gibraltar United Football Club is going to pay its players in cryptocurrency. Football teams have previously embraced cryptocurrency and blockchain technology, but Gibraltar United F.C. will be the world's first football team to introduce cryptocurrency as payment for players. The club's owner, Pablo Dana, announced that Gibraltar United F.C. started a sponsorship partnership with blockchain-based platform Quantocoin. UK's Guardian newspaper ...
Cryptocurrency exchange Binance has named Helen Hai, who is the goodwill ambassador of a UN agency, as the head of its new charitable foundation. Her appointment comes a day after Binance CEO and founder Changpeng Zhao pledged $1 million to help flood victims in Japan. Helen Hai tweeted, "A true pleasure to head Binance Blockchain Charity Foundation, the first to use Blockchain for Social Good more...
Lloyd Blankfein, chief executive officer of the investment banking giant Goldman Sachs, said he is not into cryptocurrencies and was at a loss to explain why they should be successful as an asset class. In an interview at the Economic Club of New York, Blankfein said, "But if it [cryptocurrency] did work, I will be able to explain in hindsight why it did." more...
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