US Senator introduces bill to stop crypto ATM fraud

The crypto exchange did not provide a timeline on when crypto withdrawals might resume, citing legal issues.

LocalBitcoins, a major peer-to-peer (P2P) cryptocurrency exchange, has purportedly managed to significantly cut the amount of criminal funds on its platform in 2020.The P2P platform has seen a decline of over 70% in transactions from darknet markets between September 2019 and May 2020, LocalBitcoins claims.Jukka Blomberg, chief marketing officer at LocalBitcoins, told Cointelegraph that the…

The price of Bitcoin (BTC) has quadrupled in the past nine months, which means another similar rally would put $100,000 on the table in the foreseeable future.The 1-day chart of Bitcoin (Coinbase). Source: TradingView.comDan Tapiero, co-founder of 10T Holdings, does not expect Bitcoin to hit $100,000 in the next nine months. But, he said that…

Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link.Top Stories This WeekCongress has put forward 18 bills on digital assets in 2021 so…

Croatia has been enjoying the growing cryptocurrency adoption despite the ongoing crypto winter, Konzum's director of business applications Ines Barbir said. 281 Total views 31 Total shares Payments in cryptocurrencies like Bitcoin (BTC) have been on the rise at Croatia’s largest supermarket chain Konzum this year despite the ongoing bear market.After debuting crypto payments in…

Two executives at blockchain consortium R3 are reportedly planning to depart from the company amid a larger internal reorganization, sources familiar with the situation reported on Jan. 26.R3 is an enterprise software firm that focuses on distributed database technology. It leads a consortium of over 200 members, such as financial institutions, banks, trade associations and…

Blockchain application development refers to the process of creating a blockchain-native application.  Blockchain development differs from traditional application development in several important ways. In fact, a considerable amount of planning goes into blockchain development first due to additional considerations like choosing the most suitable incentivization scheme, the degree of transparency desired, specific group permissions and…

It was rumbling in the beginning of February in Swiss Zug. The Crypto Valley Association (CVA) was undergoing a major reorganization. On Thursday, Jan. 31, the General Assembly of the Association elected former Swisscom manager Daniel Haudenschild as president of the CVA and the successor to Oliver Bussmann.The former CVA’s president, Oliver Bussmann, had announced…

Grayscale Investments, a digital assets investment firm that offers Bitcoin (BTC) trust shares, has published a case study on how BTC could be used as a hedge against financial instability. The firm used the case of trade tensions between the United States and China to make their point.Grayscale Investments linked to its study in an…