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Bitcoin ATMs Grow in Number Reaching Almost 7,000 in Operation Around the World

</header> <strong>ATMs supporting digital coins have increased parallel to the predominant trend on cryptocurrency markets since the beginning of 2020. With over 400 new devices added in January, the global total is now closing on the 7,000 mark. The sector has seen exponential growth in the past three years. </strong> Also read: Bitcoin.com Partners With …

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Digital Remittances Reach Record High of $96 Billion, Fees Charged by Traditional Providers Open Door for Cryptocurrencies

</header> <strong>In a globalized world where labor follows capital, the remittance industry has been growing constantly in both volume and users. Traditional providers like banks and money transfer companies have been charging high fees for their services which creates opportunities for alternative digital platforms and decentralized cryptocurrencies. </strong> Also read: Russians Can Use Qiwi, Sberbank, …

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UAE Health Ministry Debuts Blockchain Platform for Medical Data

The UAE’s Ministry of Health and Prevention (MoHAP) together with the Ministry of Presidential Affairs, Dubai Healthcare City and other relevant authorities has launched a blockchain-based health data storage platform. According to The Emirates News Agency on Feb. 2, the blockchain-based platform aims to improve the efficiency of MoHAP and other health authorities’ smart health …

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US Bank Silvergate Sees Growth in Crypto Clients, Despite Decreasing Deposits From the Sector

</header> <strong>Financial results released by two U.S. banks providing services to the crypto industry have indicated a decline in deposits from digital currency customers. However, a positive trend has been observed as well. One of the crypto-friendly institutions, Silvergate Bank, has seen an increasing number of crypto clients throughout the year. </strong> Also read: Swiss …

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Avast packaged detailed user data to be sold for millions of dollars

Sponsored Links anyaberkut via Getty Images The popular antivirus program Avast has been selling users data to giant companies like Google, Home Depot, Microsoft and Pepsi, a joint investigation by Motherboard and PCMag found. Avast reportedly scraped data from its antivirus software and handed it off to its subsidiary Jumpshot, which repackaged the data and …

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Researcher’s Scathing Lightning Network Analysis Finds Flaws

</header> <strong>On January 7, digital preservation researcher David Rosenthal published an overview of <a class=”lar-automated-link” href=”https://markets.bitcoin.com/crypto/BTC” target=”_blank” rel=”noopener noreferrer”>BTC</a>’s Lightning Network (LN) which claims LN infrastructure isn’t decentralized and privacy-preservation is a myth. Rosenthal’s analysis found significant flaws with the LN fee system and the editorial insists “in order for Lightning Network to provide privacy, …

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Walmart’s Amazon attack plan could put 5G antennas, servers in stores

Sponsored Links Walmart logo is seen at a store in Mountain View, California, United States on Tuesday, November 19, 2019. NurPhoto via Getty Images Now that Walmart and others are chasing Amazon’s convenience with shipping that’s nearly instantaneous, deep discounts for third parties and convenient in-store pickup of online orders, what’s next? According to a …

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Alibaba Patents Would Secure, Accelerate Its Consortium Blockchain

Chinese internet giant Alibaba Group has won two U.S. patents designed to make its blockchain network safer and faster.  One patent aims to reduce the time to verify block data, while the other is designed to help participants set a validity period for a transaction in a blockchain network.  Both of the patents were approved …

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Twitter will no longer destroy the quality of uploaded JPEGs

Sponsored Links pixelliebe via Getty Images Twitter is making some changes to the way it processes image uploads, and photographers on the platform are delighted. According to Twitter engineer Nolan O’Brien, JPEG encoding will now be preserved in images uploaded to Twitter via the web. Previously, images were transcoded, which meant lower quality pictures, much …

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Italians Love Cash But Are Growing Fond of Crypto, New Stats Suggest

</header> <strong>Italy, one of the world’s largest economies, has faced plenty of financial challenges in the past decade. That’s probably one of the reasons why cryptocurrencies have been faring better there than in other European countries. Italians love cash but are also warming up to its decentralized digital alternative. The number of businesses accepting crypto …

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