Dec 14, 2020 at 5:40 p.m.UTC
Customers aren’t just buying toilet paper at the supermarket.(Danny Nelson) Coinstar Expands Its Coinme Bitcoin ATM Fleet to 5,000
Supermarket kiosk company Coinstar has added Coinme bitcoin ATM functionality to 5,000 change-sorting machines across the U.S.
The service is now available in nearly 25% of Coinstar’s total kiosk fleet and in 40 U.S.states, according to figures provided by Neil Bergquist, chief executive of Coinme.
Coinstar change-counting machines are located in supermarkets, gas stations and convenience stores around the country.
“There is a Coinstar kiosk located within five miles of 90% of the American population,” he told CoinDesk.“So the collective opportunity here is to be able to give the majority of the U.S.
population access to digital currencies.”
Over the last year in particular Coinme has made in-roads in some of the farthest-flung U.S.locales.It was admitted to Hawaii’s digital currency sandbox in August along with 11 other cryptocurrency exchanges.Bergquist said Coinme is the only participant to offer cash-to-crypto services.
Also in the recent Coinme/Coinstar expansion: Georgia, Nevada, New Mexico, Ohio, Oregon, Maryland, West Virginia, Delaware and Rhode Island.Bergquist said locations have grown 65% since March.
The fast-growing kiosk network has allowed Coinme transaction volume to soar; Bitcoin sales are up 650% year over year.Bergquist predicts yet higher numbers as more states give Coinme the go-ahead to launch operations.
Share this: Fake MetaMask App on Google Play Store Hosted Crypto Malware news A form of malware that replaces victims’ cryptocurrency wallet addresses has been discovered for the first time in an app on Google Play Store.Security firm ESET published a blog post on Friday, saying that the malware, known as a “clipper,” intercepts the content of the clipboard and, if it finds the addresses of… Cryptos ‘Not a Substitute’ for the Yellow Metal, Says World Gold Council news Cryptocurrencies are “no substitute for gold,” according to the World Gold Council (WGC).The WGC, a market development organization for the gold industry, published the report late last month, arguing that gold is “very different” from cryptocurrencies.It’s less volatile, has a more liquid market and trades in a regulatory environment, among other factors,… HODL FOMO vs.
Speculative FOMO: Why This Bitcoin Bull Market Will Be Different Nov 17, 2020 at 8:00 p.m.UTCUpdated Nov 17, 2020 at 8:08 p.m.UTC(hidesy/iStock via Getty Images Plus, modified by CoinDesk)HODL FOMO vs.Speculative FOMO: Why This Bitcoin Bull Market Will Be DifferentAs bitcoin crosses $17,000 it’s not retail speculation but a new, long-term investor mindset driving the price up.
For more episodes and free early access before… The Case for $500,000 Bitcoin Aug 30, 2020 at 13:00 UTCThe Case for $500,000 BitcoinThe Winklevoss brothers make an argument that, in the long run, bitcoin is the only good safe haven.
For more episodes and free early access before our regular 3 p.m.Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica, iHeartRadio or RSS.This episode is sponsored… US Lawmakers Shoot Down Proposal for Crypto Task Force NEWS Sep 27, 2018 at 18:00 UTC | Updated Sep 27, 2018 at 20:02 UTC An effort by the U.S.
Congress to launch a task force investigating cryptocurrencies is gaining traction.
House Resolution 5036, a bill hoping to establish the “Independent Financial Technology Task Force to Combat Terrorism and Illicit Financing,” was referred to the House… Bitcoin Eyes $8.8K After Largely Erasing Last Week’s Dip Jan 27, 2020 at 11:20 UTCUpdated Jan 27, 2020 at 11:30 UTCBitcoin Eyes $8.8K After Largely Erasing Last Week’s Dip View Bitcoin’s 4-hour chart indicates the recent pullback has ended and the bulls have regained control.The weekly chart is also aligned in favor of the bulls.A retest of key resistance near $8,800 looks… Constantinople Incoming: Today’s Two Ethereum Hard Forks Explained news In less than 24 hours, the world’s second largest blockchain by market capitalization is expected to activate its sixth and seventh system-wide upgrades, at which point its global user base will be asked to make two near-simultaneous changes to its code.Known as Constantinople and St.Petersburg, both upgrades will be implemented as “hard… There’s Bitcoin Still to Win Locked in This Crypto Puzzle Over $1 million in bitcoin was hidden in a picture – and there’s still some left to be found.Called the 310 BTC Bitcoin Challenge, a pseudonymous user going by the name “Pip” stashed a total of 310.61 BTC (worth $2,011,267 at press time) into four digital wallets earlier this month – with the recovery… Openfinance Warns It Will Delist All Security Tokens Without New Funds Apr 22, 2020 at 22:34 UTCUpdated Apr 22, 2020 at 22:38 UTCOpenfinance launched its alternative trading system in 2018.(Credit: Andriy Blokhin / Shutterstock)Security token trading platform Openfinance is threatening to delist all tokens and suspend trading next month unless issuers cough up more funds to cover its costs.The company has not seen transaction activity… .
