The Daily: Bittrex Invests in New Platform, ATM Market to Grow Over 50% a Year
![The Daily: Bittrex Invests in New Platform, ATM Market to Grow Over 50% a Year](https://news.bitcoin.com/wp-content/uploads/2018/09/ATM-768x768.jpg)
Bittrex Invests in New Platform
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ATM Market to Grow Over 50% a Year
Marketsandmarkets, a B2B market research firm, has released a new report about the Crypto ATM Market stating it is expected to grow from $16.3 million in 2018 to $144.5 million by 2023, at a compound annual growth rate (CAGR) of 54.7%. And among all types of machines, the 2-way crypto ATM segment is likely to grow at the highest CAGR during the forecast period. In a global comparison, North America is expected to hold the largest share of the crypto ATM market by 2023. The US specifically is expected to dominate the market during the forecast period due to the presence of a large number of hardware and software providers as well as a favorable investment environment, the researchers say. The report profiles key players in the market around the world, including: General Bytes (Czech Republic), Genesis Coin (US), Lamassu (UK), Covault (US), Bitaccess (Canada), Coinme (US), Coinsource (US), Bitxatm (Germany), Orderbob (Austria), and Rusbit (Russia).Firefox to Block Cryptojacking by Default
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Oxford to Research Green Mining Technology
University College Oxford (Univ) has established a new “Research Centre for Blockchain”. The academic body is headed by Univ’s Fellow Professor Bill Roscoe, with a background of over 30 years in concurrency, automated verification, applied cryptography and payment protocols. He is joined by a group of experts in similar areas and they are working to “vastly improve” the efficiency of mining and trust models, to build new models of privacy and escrow, and to create models of fair exchange to support secure exchanges. The group will also focus on long term challenges such as the threat posed to the field by quantum computers. Professor Roscoe stated: “The new centre focuses on bringing the blockchain to the mainstream. This vision will be achieved by using green mining technology and embracing regulation through appropriate Know Your Client (KYC) guidelines.” What do you think about today’s news tidbits? Share your thoughts in the comments section below.Images courtesy of Shutterstock.
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