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Lamassu Says Bitcoin ATMs “Profitable” – 34% of Market

Bitcoin ATM maker Lamassu says that it currently has 100 live machines worldwide, accounting for 34% of the entire Bitcoin ATM market. The industry, which was nonexistent 12 months ago, is now flourishing and profitable, according to Lamassu. Internal Lamassu surveys show that standard cash-to-Bitcoin locations are averaging $20,000 worth...
Bitcoin

Google Ventures-Backed Buttercoin Picks Up Capital from Wedbush Securities

Financial services firm Wedbush Securities has made an undisclosed investment in Bitcoin trading engine, Buttercoin. In addition to the investment, Wedbush is utilizing Buttercoin’s technology and capabilities. Sheri Kaiserman, Head of Equities, Wedbush Securities, commented: We are impressed with Buttercoin in many regards notably that it provides reliable, trustworthy and...
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BitPay Gets Big Win Integrating With Intuit’s QuickBooks Online

Business accounting software giant Intuit recently added bitcoin payment gateway BitPay to QuickBooks Online, according to BitPay's corporate blog. Through Intuit's PayByCoin service, businesses that have a BitPay merchant account can accept bitcoin payments and receive a next-day settlement to their local bank account. Both BitPay and PayByCoin are free...
BitcoinPayment

Bitcoin API Team Wins Money20/20 Hackathon

Earlier in November, fintech event Money20/20 held a hackathon with 450 participants, hundreds of projects and 10 winners who won total $125,000 in prize money. The Money20/20 Hackathon took place on Saturday-Sunday, November 1-2, with challenges to develop a variety of FinTech applications using APIs, SDKs and other tools presented...
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