Bitcoin ATMs Grow in Number Reaching Almost 7,000 in Operation Around the World

Bitcoin ATMs Grow in Number Reaching Almost 7,000 in Operation Around the WorldATMs supporting digital coins have increased parallel to the predominant trend on cryptocurrency markets since the beginning of 2020. With over 400 new devices added in January, the global total is now closing on the 7,000 mark. The sector has seen exponential growth in the past three years. Also read: Bitcoin.com Partners With Mecon Cash, […]

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Digital Remittances Reach Record High of $96 Billion, Fees Charged by Traditional Providers Open Door for Cryptocurrencies

Digital Remittances Reach Record High of $96 Billion, Fees Charged by Traditional Providers Open Door for CryptocurrenciesIn a globalized world where labor follows capital, the remittance industry has been growing constantly in both volume and users. Traditional providers like banks and money transfer companies have been charging high fees for their services which creates opportunities for alternative digital platforms and decentralized cryptocurrencies. Also read: Russians Can Use Qiwi, Sberbank, Yandex Money […]

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The Data Theft Economy

Accidental loss and theft of laptops, mobile devices, and more serve the biggest physical threats to your data. 25% of laptops are stolen from the office or a car, 14% are lost in airports or on planes, but only 25% total are recovered. Although the chip card provides more security, financial security is still at risk of data theft. On average, the numbers from one stolen credit or debit card number sells for $5 on the dark web. Providing the accompanying bank routing and account numbers triple’s the sale value. Here’s how everything works.   To obtain stolen data, scammers

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US Bank Silvergate Sees Growth in Crypto Clients, Despite Decreasing Deposits From the Sector

US Bank Silvergate Sees Growth in Crypto Clients, Despite Decreasing Deposits From the SectorFinancial results released by two U.S. banks providing services to the crypto industry have indicated a decline in deposits from digital currency customers. However, a positive trend has been observed as well. One of the crypto-friendly institutions, Silvergate Bank, has seen an increasing number of crypto clients throughout the year. Also read: Swiss Bank Julius […]

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Researcher’s Scathing Lightning Network Analysis Finds Flaws

On January 7, digital preservation researcher David Rosenthal published an overview of BTC’s Lightning Network (LN) which claims LN infrastructure isn’t decentralized and privacy-preservation is a myth. Rosenthal’s analysis found significant flaws with the LN fee system and the editorial insists “in order for Lightning Network to provide privacy, it must be massively over-capitalized.” Also […]

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Italians Love Cash But Are Growing Fond of Crypto, New Stats Suggest

Italians Love Cash But Are Growing Fond of Crypto, New Stats SuggestItaly, one of the world’s largest economies, has faced plenty of financial challenges in the past decade. That’s probably one of the reasons why cryptocurrencies have been faring better there than in other European countries. Italians love cash but are also warming up to its decentralized digital alternative. The number of businesses accepting crypto payments […]

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Almost 70 Crypto Funds Close This Year, Twice as Many Launch

Almost 70 Crypto Funds Close This Year, Twice as Many LaunchDozens of crypto funds, almost 70, have closed this year, a mainstream media outlet reported. And while the startling number reveals the influx of institutional investors into the crypto space might not be happening at a fast pace, it’s also worth noting that crypto fund launches are projected to reach 140 by the end of […]

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Apps and Data Privacy: Are We Being Bought and Sold?

Each day, the world makes 250 million terabytes of new data – every second 946 Instagram photos are taken, 8,690 tweets are posted, 77,783 things are searched on Google, and 2,845,459 emails are sent and received all over the world. With all of this new data, keeping your data private and away from prying eyes that will exploit any information about you that they come across is becoming a bigger and bigger deal.    Google tracks a lot more than what websites you visit and your email – it can track what apps you use and when, if you signed in

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