Celsius boss Alex Mashinsky may be largely responsible for many of the firm’s unprofitable trades leading up to its bankruptcy. A new report from the Financial Times (FT) suggests that the CEO may have taken over trading operations back in January. He then took actions with company funds that overruled the decisions of other executives with multiple years of finance experience. Mashinsky’s Massive Trades The latest info is according to multiple people familiar with the matter – though the information…
Tag: ATM
New Research Predicts $542.52M Global Crypto ATM Market Value by 2027
The global crypto ATM market value is at $ 18.35 million in 2019, and it has a projection to reach $ 542.52 million by 2027, a CAGR of 52.7% over the forecast period. A research expert on cryptocurrency ATMs revealed a new analysis of the 2019-2027 situation, based on in-depth analysis with industry experts' involvement and the best suppliers in the business. The Cryptocurrency ATM Market Report analyzes stakeholder opportunities across Cryptocurrency ATMs and identifies high-growth segments. The Analysis Details…
2 years ago 368
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Football Fan Tokens and the Future of Cryptocurrencies in the Sports Industry
Prestigious European football club FC Barcelona is the latest to develop a cryptocurrency fan token in partnership with the blockchain company Chilliz. The token, Barca Fan Tokens (BAR), will be available to worldwide Barcelona football club fans who can use them to support the club by taking part in polls, surveys, make purchases, and get rewards, on Chilliz sports and entertainment platform, Socios.com. Barcelona is one among many prominent football clubs looking to engage their fans worldwide in club decisions…
2 years ago 383
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The Complete Guide to Crypto ATMS: Here’s Everything You Should Know
Today, the number of crypto ATMs is increasing, with more countries embracing the use of cryptocurrencies. The first crypto ATM was invented in 2013, and since then, that number has gradually increased. However, even as the numbers increase significantly, not all people know about them or even their differences from the regular ATMs. Therefore, if you are wondering what they are, keep reading, and this blog will help solve all your questions about crypto ATMs, how many they are around…
2 years ago 839
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Could Crypto Debit Cards Help Drive Adoption?
The approval for mainstream use in the cryptocurrency space remains a central theme, and crypto debit cards have been adopted as a great way to bridge the gap between traditional finance and digital currencies. These cards have introduced significant improvements in transaction speed, privacy, cost, and convenience. Crypto debit cards have eased the combination of cryptocurrency and fiat currency, where cardholders can make transactions and payments at restaurants, cinemas, retail outlets, and a bunch of other places. When spending cryptos,…
2 years ago 502
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Crypto ATMs on the Rise; A Positive Step for Cryptocurrency
According to CoinATMRadar, there is a global surge in Crypto ATMs. The surge is owing to increasing crypto prices and a consequent rising adoption of crypto for payments. CoinATMRadar's most recent report reveals that there are currently 7,057 crypto ATMs globally, providing more comfortable options for purchasing and converting crypto assets to fiat using either cash or debit cards. 5,089 ATMs are found in the US, 784 in Canada, 303 in the UK, 84 in Spain, and 126 in Austria. …
2 years ago 483
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Litecoin Joins MeconCash Providing LTC Withdrawals Extensively in South Korea
The Litecoin Foundation announced that it was partnering with MeconCash to allow LTC to be withdrawn in Korean won (KRW) at over 13,000 ATMs in the country. The announcement was made on the 28th of February 2020. This partnership gives LTC holders access to quick cash while being able to send remittances from overseas to South Korea. According to the terms of the partnership, LTC will be integrated into MeconCash’s M.Pay payments platform. The LTC coin shall be an acceptable…
2 years ago 224
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