Coinsource to bring its Bitcoin ATMs to Washington D.C.

Coinsource plans to deploy 20 new Bitcoin ATMs in D.C. metropolitan area after receiving a significant demand from local users
13 April 2018   1053

Bitcoin ATMs are quite popular with the folk in the US. And now Washington D.C. is the next city to receive several new machines courtesy of Coinsource – one of the important players in the United States' Bitcoin ATM market.

Right now the US capital has only five machines operated by different companies. Coinsource plans to turn the market by deploying twenty new ATMs in D.C. metropolitan area - twelve in Washington D.C., five in Baltimore and one each in Towson, Oxon Hill and Takoma Park. This move will instantly make Coinsource the largest Bitcoin ATM operator in the region.

“We are expanding the Bitcoin ATM market further than it’s ever been in D.C., offering the lowest rates, exclusive remote enrollment and allowing for at-home account registration.This installment is especially significant to Coinsource, as the philosophy behind decentralized currency is and has always been about giving freedom back to the people. As a company I feel that we have been able to provide financial freedom to the underbanked and unbanked, and I am happy to bring our services to D.C.”, said CMO of Coinsource, Bobby Sharp

First quarter of this year was quite busy for the company – they installed 10 new machines in Massachusetts, New Hampshire and Rhode Island. Also, last week Coinsource deployed eight new machines in Denver, Colorado.

tZERO to Launch Bitcoin Trading App

Application itself is being developed by Bitsy; it may also begin to support Ethereum in the future
22 March 2019   167

The security tokens platform tZERO announced plans to launch a mobile application for buying and selling bitcoin. In the future, the application may also begin to support Ethereum,  CoinDesk reports.

According to Saum Noursalehi, CEO of tZERO, applications for iOS and Android devices should be launched in June. Bitsy is developing it, a cryptocurrency start-up that is part of the portfolio of the Overstock venture division of Medici Ventures.

That’s part of the reason we acquired Bitsy — to accelerate time to market for our mobile app. They have an app for trading crypto, primarily bitcoin, in a beta-phase, they built a wallet and key recovery mechanism, and this will be the foundation of the mobile app for tZERO. They are also working on some cool stuff like biometric login. 
 

Saum Noursalehi

CEO, tZero

According to him, the application will allow you to store cryptocurrency without the need to trust third parties and it will be connected to the network of exchanges through the API. The implementation of this plan will occur through partner tZERO, the institutional trading platform SFox.

In the future, the head of tZERO added, the platform also intends to create its own cryptocurrency vault to meet the demand from users.

The public beta testing of Bitsy wallet started in November 2018. With his help, the Overstock retailer plans to launch Bitcoin sales on its website.