Japanese corporate giants play with their own cryptocurrencies, BitFi team came to their senses, new VeChain partnership, and the whole world embraces crypto ATMs, while Russia prohibits them
- Someone compared Binance and Nasdaq profits in Q1 2018. Both exchanges reported a profit of around $200 million, meanwhile Binance is a lot smaller, it has only 200 employees, 29 times lesser in comparison with 4500 Nasdaq employees.
- Peoples Insurance Company of China, one of the largest insurers, is claiming a partnership with VeChain. By using its public blockchain, VeChainThor, it plans to increase the transparency of insurance and make compensations payments a lot faster.
- Mozilla web browser will include a blocker for malicious mining scripts. It will prevent the execution of any scripts on the side of an unsuspecting user. Recently, crypto miners, such as CoinHive, became a serious problem, but other browsers, Chrome and Opera, already solved it.
- BitFi wallet developers removed the statement, claiming the wallet to be unhackable from their website. In the past two months since the release, it was hacked multiple times, being an interesting target for security researchers.
- Mitsubishi UFJ Financial Group is testing its own coin, Mufg coin. It's some sort of a stablecoin, its value is always pegged to 1 yen. Mufg employees can spend these coins at the local store at the group's headquarters and use them to exchange money between colleagues.
- A research by MarketsandMarkets shows that each day, there are 4 new Bitcoin ATMs installed over the world. If the trend would continue, by 2023 the global crypto ATM market will exceed $144 million.
- Russian police confiscated 22 crypto ATMs, owned by Bbfpro. These crypto selling machines were installed at restaurants and stores in 9 Russian cities. The confiscation was based upon the Central bank orders.
- A crypto trading firm SFOX noticed, that Bitcoin price fluctuations between exchanges are almost nonexistent nowadays. One year ago, we could see a 5% price difference on two different exchanges, but now the fluctuation is only 0.1%. SFOX attributes it to the influence of Wall Street money, stabilizing the market.