BTMs remain one popular and preferred medium for trading cryptocurrencies. Using Bitcoin ATMs, any individual can buy or sell cryptocurrencies in few simple steps. BTMs are now installed in major cities around the world, it and it supports several cryptocurrencies. Today there are over 3,500 BTM machines installed and operating around the world. The number of Bitcoin ATMs are increasing every day.  ATM count breaking previous records According to recent data, nearly 8 BTM machines are installed every day and many new locations are appearing. Many portals are tracking the number of Bitcoin ATMs coming up to buy or sell in different parts of the globe. According to recent data, there are around 4000 BTM kiosks across the globe, at the time of writing this article. Out of these Bitcoin ATMs, around 2300 are from the United States. Most of these BTMs support different cryptocurrencies, the most popular being Bitcoin,…

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Waves founder Alexander Ivanov sold his stake in the firm’s blockchain project Vostok, with GHP Group becoming the sole owner. Founder of token issuance platform Waves has fully sold his stake in the firm’s blockchain spin-off Vostok to focus on the Waves Platform. Alexander Ivanov, CEO and founder of Waves, sold his stake in the Vostok, with global financial group GHP Group becoming the sole owner of the project, according to a press release on July 16. Ivanov said that he decided to sell the Vostok project in order to focus the resources on the development of the Web3 ecosystem within the Waves Platform. Mark Garber, Chairman of the Board of Directors of GHP Group and one of the early Vostok investors, said that the existing progress in the project will help GHP Group’s to increase its level of technological expertise.  The well-known entrepreneur in the Russian investment community noted…

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The World Economic Forum announced that it released a guide for the evaluation of the benefits of blockchain applications. The World Economic Forum (WEF) announced that it released a guide for the evaluation of the benefits of blockchain applications in a press release shared with Cointelegraph on July 16. The document delves into how to apply blockchain technology, providing six recommendations for companies. The first is to take time to understand the technology, set realistic expectations (identifying incentives and accounting for risks), and align to strategic priorities. The report also recommends evaluating whether blockchain or other technologies are the best solution specifying that “blockchain is not a substitute for digitization and should not be treated as such.”  Lastly, organizations should keep an agile approach since it better allows for strategy evolution and think beyond the individual organization. This last point is explained in the following way: “The decentralized nature of…

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The platform is estimated to automate around 75 million processes each year and save about 12 million sheets of paper per year. German logistics firms partner to jointly create a blockchain tracking platform, local news outlet Tiroler Tageszeitung reports on July 16. Per the report, logistics firms LKW Walter, GS1 Austria, and its EDITEL Austria subsidiary, Bundesvereinigung Logistik Österreich, Deutsche Bahn subsidiary DB Schenker, and WU Vienna are participating in the project. Furthermore, big four auditing firm Ernst & Young (EY) is managing the initiative. The system will reportedly see freight documents being digitized on the blockchain with the aim of reducing costs and resource consumption while ensuring higher transparency standards, and protect against counterfeiting. The project will be developed with attention to compliance with the international standard for the electronic consignment note, e-CMR. The outlet cites estimates that the platform will automate around 75 million processes each year and…

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The cryptocurrency market recently experienced a massive plunge that affected the valuation of the entire market. The market cap of the entire crypto dropped heavily as some digital currencies plunged by as much as 30 percent over the past few days. Litecoin (LTC) is one of the digital currencies with the highest loss among the top cryptos in the market. Litecoin has proven to be one of the best cryptocurrency to invest in 2019. However, the recent price trend of Litecoin is very poor but many digital asset investors are still optimistic about the future outcome of the digital currency. Continue reading Litecoin (LTC) Shows Signs of Recovery as It Bounces Back Over $90 at Smartereum.

According to Coin Market Cap, Bitcoin dominance is currently 66.6%. This hasn’t gone well for altcoins that bleed daily. Some analysts believe that altcoin season is coming to take back a chunk of the market cap from bitcoin. Alt season happens when all other cryptos except bitcoin grow exponentially. It is a season that many crypto traders look forward to. During this alt season, many coins rise by twice their value and may even go as high as a hundred times their value. Continue reading Altcoin Season Is Coming, What Does This Mean For XRP, Tron, Ethereum and Others? at Smartereum.

Ethereum developers are having trouble scaling the most prominent smart contract platform in the world. Ethereum and The Bitcoin Cash Gambit It’s that simple. Scaling something worth billions of dollars without breaking it is a monumental task. Development roadmaps have regularly been delayed. Founder and Ethereum developer Vitalik Buterin thinks that the next era of […] The post Bitcoin Maximalists Celebrate Ethereum’s ‘Demise’ amid Founder’s Scaling Concern appeared first on CCN Markets

U.S. House minority leader Kevin McCarthy has argued for the use of blockchain networks in protecting users’ data from “exploitation.”

Over two-thirds of enterprises in the Asia-Pacific region lack a solid understanding of blockchain tech and how to apply it, a new EY poll reveals. Over two-thirds of enterprises in the Asia-Pacific region lack a solid understanding of blockchain tech and how to apply it, a new Ernst & Young (EY) poll reveals. The Business Times of Singapore reports on July 16 that the Big Four auditor consultancy firm conducted its poll during a live blockchain webcast with 576 attendees from in Asia-Pacific, 13.7% of whom were from Singapore. Noting that 68% — over two-thirds — of polled attendees responded by admitting that they lack the knowledge and sufficient training to implement blockchain and its applications, EY remarked that this lack in education represents the greatest barrier for boards and executives to proceed with adopting blockchain solutions. Furthermore, 66% of respondents voiced their belief that they would need a firmer understanding…

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Brazilian construction giant Cyrela and startup Growth Tech have completed the very first real estate transaction using blockchain technology in Brazil.

Can Bitcoin again lead the next leg of the recovery? Let’s look at the charts. The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision. Market data is provided by the HitBTC exchange. The sharp recovery from the lows led by Bitcoin was largely based on the pretext that institutional players had finally started to take greater interest in the asset class. The sharp uptick in Bitcoin futures volumes and increased demand for Grayscale Bitcoin Trust shares was thought to be indicative of this.  However, Binance’s chief executive Changpeng Zhao, in an interview with Bloomberg, said that there has been an equal growth in both institutional and retail trading. The retail traders still account for about 60% of trading volume at Binance,…

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MyDashWallet, a platform used for trading Dash cryptocurrency was attacked by hackers between May 13 and July 12. DASH’s team urges users to abandon MyDashWallet services and move their private keys to another wallet.

Siemens is looking to potentially provide blockchain-based solutions, and has suggested some use cases for the transportation industry, including carsharing. Self-proclaimed electrification, automation and digitalization global giant Siemens has shown an interest in adopting blockchain-based solutions. In particular, Siemens is exploring the use of blockchain in the transportation industry, as per a report by Forbes on July 15. According to Siemens Corporate Technology’s head of cybersecurity and blockchain, Andreas Kind, Siemens is looking to incorporate blockchain tech into carsharing via Siemens Mobility — one of Siemens’ subsidiaries. According to the Enterprise CarShare website, carsharing reportedly refers to using or renting a car for a short period of time. As a popular example, the report cites the rental service Zipcar. One issue with this system, says Kind, is with the associated fueling cards, which allow the car renters to refill on gas. However, using the card is subject to a number…

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South Korean based blockchain project Icon, on July 15 launched its FEE 2.0 platform, that allows Dapp developers pay users’ fee, while also giving them the privilege to stake tokens into the network in order to gradually pay fess in virtual steps. A Whole New Development The new and upgraded Icon Fee 2.0 allows the […]

With the rise in crypto adoption, heavyweights of the crypto ecosystem are moving forward with the aim to improve the existing security standards and speed, in order to gain an edge over others. One of the major influencers in the crypto ecosystem, Vitalik Buterin shared his view to infuse a scalable data layer for detecting […] The post Vitalik Buterin weighs Bitcoin Cash Vs. Ethereum for network scalability appeared first on AMBCrypto.

Patrick Byrne – Future Is Bright For Blockchain In Recent Letter To Shareholders The CEO of the internationally known company OverStock – Patrick Byrne – has published his recent letter to shareholders to shed some initial light on the kind of optimistic years that the company, and blockchain, ultimately have coming up soon. “Recent announcements […]

While the crypto industry is growing at a fast pace, it is certainly not an equal industry as certain players have taken up a large section of the market share while others do not have quite as much prominence. This shows in various aspects of the industry from crypto exchanges which are dominated by some […]

The ETH 20 Day Moving Average Set acts as a “tokenized trading bot,” said Felix Feng, Set Protocol CEO.

Ethereum co-founder Vitalik Buterin believes that Bitcoin Cash has the best network to become a temporary scalability solution for Ethereum. Ethereum co-founder Vitalik Buterin has proposed to using the Bitcoin Cash blockchain as a temporary scalability solution for the Ethereum network. The programmer introduced a summary of the idea in a July 13 post on the Ethereum Research. As previously reported, the Ethereum network has experienced some scalability issues, with its native blockchain capable of processing as few as 15 transactions per second (TPS), while its major competitor Ripple is reportedly estimated to have a TPS capacity of 1,500.  As such, the Ethereum community has been working on Ethereum 2.0, a major network upgrade that is expected to improve its scalability once ETH shifts from proof-of-work to the proof-of-stake algorithm. While the first stages of the Ethereum 2.0 shift are expected to come in early 2020, Buterin has now suggested…

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It appears a crypto winter is imminent considering the current state of the market. The major tokens have dropped in value in the last 2 days and over the last week. Coins like Cardano (ADA), Ethereum (ETH) and market leader Bitcoin (BTC) are just a few notable mentions among the many tokens that have suffered steep falls in the last 2 days of trading. If the current wave isn’t averted soon, then we can expect a fresh crypto winter at any time. Continue reading Crypto Winter May be Imminent as Bearish Pressure Hampers Progress of Cardano, Ethereum and other Digital Assets at Smartereum.