The Amount of Bitcoin ATMs All Over the World Has Reached 4000

As we have mentioned earlier, the number of ATMs which support Bitcoin was growing pretty fast. At the time of writing of our article, there were around 3.5 thousand BTC ATMs on all inhabited continents of the world. What has changed since that?


Source: Coinatmradar

Currently, the number of BTC ATMs is quickly approaching the mark of 4000 in 75 countries of the world. North America, namely the United States, remains the absolute leader in this regard, followed by Europe and Asia.  

We remind you:

Russian Police Arrested 22 Bitcoin ATMs

Subscribe to The Coin Shark news in Facebook: https://www.facebook.com/coinshark/

Kaspersky Lab’s Report: Cryptojacking Crimes Have Increased By 400% in 2018

Kaspersky Lab has published report that about 13 million cryptojacking crimes have been committed in 2018. This number is quite impressive, however, if we look at it from the annual statistics point of view, we can see that the amount of cases are up by 400% this year alone.

Cryptojacking is a term to describe malicious activity when a culprit generates cryptocurrency (transfer funds) without the owner’s knowledge using a compromised device. This kind of crypto crime is highly popular in the financial world.

The most common jacked cryptocurrency by cryptojackers is Monero (XMR). The virus or malware enters a user’s PC, usually it happens when the later watches online ads or solves captcha. Then the script creates chaos on a PC’s CPU power making the system run slowly.

Our editorship urges you to be careful in order not to fall into the hands of criminals. We want to remind you:

Kaspersky Detected a Crypto Exchange Hacker Attack Coming from North Korea

Subscribe to The Coin Shark news in Facebook: https://www.facebook.com/coinshark/

Coinbase Now Has a Crypto-to-Crypto Trading Option for Commerce Customers

The cryptocurrency exchange Coinbase has added a long-awaited feature to its system: its users can now buy and sell crypto for crypto directly. The innovation is called Coinbase Convert and is already available at the site Coinbase.com and both Android and iOS apps.

The trading pairs presented at Coinbase were selected based on the feedback of the exchange customers. This move will help the company to involve larger retail audience and engage it in digital trading.

According to the manager of the exchange Anna Clifton:

We’ll continue iterating on the product and expanding the functionality. An increasingly large number of customers will have this functionality available.”

We remind you:

Coinbase Will Again Offer Trading Pairs for Bitcoin Cash

Subscribe to The Coin Shark news in Facebook: https://www.facebook.com/coinshark/

Malta Is Going to Launch a Blockchain Bank

It seems like Malta will soon open a financial institutions that will provide services for blockchain and crypto-related businesses, which is going to big a big step towards the introduction of cryptocurrency in Europe, since the conventional banks rarely have crypto-friendly terms.

RnF Finance Limited, a Maltese firm, has already applied to the financial authority of the country in order to get a license to create a blockchain bank.

Its CEO, Roderick Psaila, mentioned the following details:

The Bank shall engage into four main business streams: Offer banking services to corporates; Lending; Private Banking and Wealth Management.

The newly-emerged bank will focus its investments on the blockchain technology and artificial intelligence.

We remind you:

Bank of America Has Officially Patented A System for Saving Crypto Actives for Significant Corporations

Subscribe to The Coin Shark news in Facebook: https://www.facebook.com/coinshark/

The Schoolboy Bitcoin Millionaire Believes that Bitcoin Is Pretty Much Dead

As it has been reported by the Marketwatch, Erik Finman, a teenager who became a millionaire back in the times when Bitcoin cost 20 thousand dollars, gave a very negative outlook for BTC in the future.

Bitcoin is dead, it’s too fragmented, there’s tons of infighting I just don’t think it will last. It may have a bull market or two left in it, but long-term, its dead,” said Finman.

As for Litecoin, here the teenager is sure that this coin “has been dead for a while”. He also mentioned those coins that, in his opinion, still have a chance at the market, such as Ethereum, ZCash and, surprisingly, Bitcoin Cash.

Although Eric is still very young and not that experienced, the fact that he owned 4 million dollars in BTC in 2011 make his predictions quite reasonable.

We remind you:

How Is a Schoolboy Millionaire Doing: A Story About the Youngest Bitcoin Richer

Subscribe to The Coin Shark news in Facebook: https://www.facebook.com/coinshark/

Chinese Bomb Bitcoin: Hong Kong Business Person Was Blackmailed Demanding $20 000 in Bitcoin

According to the report of South China Morning Post, Hong Kong businessman was threatened with blowing off the building where his company is unless he sends $20 000 in Bitcoin. The scheme was the same as we reported earlier:

Bomb Bitcoin: A New Scammers’ Scheme of Getting Cryptocurrency

The victim who received a blackmail is the CEO of Network Box, Michael Gazeley. He commented on the situation, stating:

“This looks like the third wave of blackmail emails plaguing the world in the past few years… I have never seen something like this, which sounds like cyberterrorism, in my 20-year career in cybersecurity.”

In addition, he claimed at first he was shocked, then he noticed that there were some grammar mistakes which helped him to understand that the email was not worth believing. It was quite clear that the main target was individual rather than bombing an office. He did not report to the police of Hong Kong as considers that email not credible.

Charles Mok, the spokesman of the IT sector in the Legislative Council of Hong Kong, was abashed by the quality of threats.

He said: “Scammers need to be smarter, they can’t just say in a spam email, ‘You need to pay me or I blow up your office’.”

We remind you

The Most High-Profile Scam Projects of 2018

Subscribe to The Coin Shark news in Facebook: https://www.facebook.com/coinshark/

Hong Kong Is Going to Have a Stricter Cryptocurrency Regulation System

As reported by the Asian Review new outlet, the Hong Kong authorities are going to restrict the crypto sector. The new set of rules will be applied towards cryptocurrencies, crypto exchanges and trading platform, token sales etc.

The reason for such drastic measures is the following:

With less stringent rules on digital currencies than mainland China, where all crypto-related commercial activities are effectively banned, Hong Kong has become a thriving market for initial coin offerings. But growing concerns over fraud and money laundering have prompted the regulator into action.”

The new regulations will require all exchanges to have a special license, the regulators have also created a list of requirement for all token sales, for instance, a token needs to exist for at least 1 year before it can go on sale. The new regulation will take effect very soon.

We remind you:

Hong Kong and Singapore Are the New Territories for Chinese and South Korean ICO

Subscribe to The Coin Shark news in Facebook: https://www.facebook.com/coinshark/