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As cryptocurrencies were booming, the number of cryptocurrency ATMs grew accordingly. Now that Bitcoin & Co are trading well below last year’s highs, the pace of installations is waning. There are currently around 39,000 cryptocurrency ATMs installed…
Japan’s cryptocurrency industry is undergoing a wave of exits to friendlier markets due to the high corporate tax rate. At least 20 firms are choosing to establish their crypto business elsewhere and leave Japan, said Sota Watanabe, chief executive of digital…
Some stores accept payment in cryptocurrency Pi but only partially and require buyers to pay mainly in cash. “I saw a post selling a used iPhone 11 and thought I could buy it with a dozen Pi tokens,” Thanh Son of HCMC said. But it turned out he could only pay…
Many investors are buying Bitcoin after the cryptocurrency’s price fell to US$20,000, its lowest level since December 2020. Thanh Binh of HCMC says he turned off notifications on his crypto trading app after buying it at $38,000 and losing over VND40 million…
People are rushing to mine cryptocurrency Pi prompted by news of new developments including an open mainnet launch. Open mainnet, which is said to allow users to trade the token for other cryptocurrencies, “will begin on 2022 Pi Day (14/3) or Pi2 Day (28/6)”…
Zurigg-based crypto lender Nexo is looking to take advantage of the consolidation in the crypto world. With help from a US bank, it sees itself as financially well equipped to take over the assets of struggling competitors. In what is increasingly looking…
The ‘revived’ Luna cryptocurrency has dashed many investors’ hopes by falling to an all-time low. Hoang Anh, a marketer in Hanoi, said he owns both the new and old versions of Terra’s cryptocurrency, Luna and Lunc, or Luna Classic. He had viewed Lunc, whose…
Hai Hoang was invited to join a ‘make love to make money’ project, a copy of the increasingly popular ‘move to earn’ crypto trend. The Da Nang office worker said he is curious to know how the app works, but members rarely talk about it, mainly discussing the…
Cryptominers are powering down operations, even selling equipment, as cryptocurrency prices continue to plummet. Nguyen Binh, a cryptominer in the southern Dong Nai Province, said his rigs can mine almost one Ethereum (around $2,000) a month, but hardly…
This month’s crypto crash is unlikely to keep graduates, drawn to blockchain, from continuing their careers in crypto. With top-notch master’s degrees in banking and finance from the University of St Gallen, Markus Geissler (27) and Bastian Wetzel (26) would…
As bad as losing money in the current market for cryptocurrencies might be, losing them altogether would be even worse. By some estimates, some 20 percent of all bitcoin has been lost for various reasons, including theft, forgotten passwords, or wiping out a…
FIFA announces the world’s fastest-growing cryptocurrency platform as a sponsorship partner of this year’s World Cup soccer tournament held in Qatar. Crypto.com will be the exclusive cryptocurrency trading platform sponsor of World Cup Qatar 2022, the…
It has long been clear to aficionados that crytptocurrencies are a new asset class belonging in portfolios as an inflation hedge. The Swiss National Bank can benefit from this, an industry expert explains. The Swiss National Bank has a number of extremely…
Cryptocurrency player Binance is going old school, making a $200 million investment in media brand Forbes via a SPAC investment. Forbes is set to go public by the end of the first quarter via an acquisition by Magnum Opus Acquisition Ltd., which is a special…
Seba is raising nearly $120 million, in a bid to fuel its expansion outside of Switzerland. Zug-based Seba raised 110 million Swiss francs ($118 million) from a host of new and existing investors, it said in a statement on Wednesday. The round was…
The Swiss crypto broker’s CEO is stepping down after four years. His replacement is an ex-UBS banker well-known for his technology expertise. Arthur Vayloyan is stepping down as CEO of Bitcoin Suisse at the end of March, the Zug-based crypto firm said in a…
