Monthly Archives: June 2019

The total number of bitcoin ATMs (BTMs) worldwide reached 5,000 for the first time, monitoring resource CoinATMRadar confirmed on June 24.According to the latest statistics, there are now 5,006 standalone BTMs in around 90 countries, where cryptocurrency users can buy or sell bitcoin (BTC). Some machines offer both services simultaneously. The data caps a protracted period…

Jeremy Allaire, co-founder and CEO of payments company Circle, believes non-sovereign cryptocurrencies such as bitcoin (BTC) will continue to see growth despite the proliferation of new forms of digital assets such as Facebook’s Libra and stablecoins. During an interview on CNBC’s Squawk Box on June 24, Allaire argued that the cryptocurrency landscape will not evolve in…

Bitcoin (BTC) set a new 15-month record high price on June 25 as the largest cryptocurrency continues its giant three-month bull run. Market visualization courtesy of Coin360Data from Coin360 puts bitcoin firmly in the driving seat on cryptocurrency markets, 24-hour gains topping as much as 6% to take BTC/USD over $11,350. The last time the pair traded…

The Ethereum-based synthetic asset issuance platform Synthetix has lost over 37 million synthetic ETH (sETH) in an oracle attack, according to a report by The Block on June 24.While the amount of sETH in question is known to be over 37 million, the price of this loss in U.S. dollars is reportedly unknown due to…

The American Institute of Certified Public Accountants (AICPA) has proposed a new set of standards for audit evidence including accommodation for blockchain-based data, according to a report by trade publication Accounting Today on June 24.The new proposal, the so-dubbed Proposed Statement on Auditing Standards (SAS), Audit Evidence, will purportedly set guidelines on how preparers and…

ThinkMarkets chief market analyst Naeem Aslam predicts that bitcoin (BTC) will hit somewhere between $60,000 and  $100,000 during its next bull run, according to a Fox Business interview on June 24.Aslam had previously predicted on June 17 that BTC would hit $10,000 in “a couple of weeks,” citing institutional involvement as a major driver. Bitcoin…

The President of Uganda, Yoweri Museveni, will officiate the 2019 Africa Blockchain Conference, according to a report by Kabuubi Media Africa on June 24According to the report, The 2019 Africa Blockchain Conference — not to be confused with  The Blockchain Africa Conference 2019 which occurred in April — will be held from July 3 to…