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CeX

  • C.E.X. Limited, Sterling House, Fulbourne Road, London E17 4EE
  • Electronics

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StakeBox

  • Unit 4, Bells Yew Green Business Court, Bells Yew Green, East Sussex TN3 9BJ
  • Electronics

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From the Blog

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Dormant 720 Million Dollar Bitcoin Wallet Has Woken Up – But Who Owns It?

Once again in the world of cryptocurrency, we have a mystery on our hands. A $720 million sleeping giant has woken up after four years, with $100 million moved to Bitfinex and Binance over the course of ten days at the end of August. The bitcoin wallet contains 111,114 BTC or 0.52% of the total supply. The sudden movement of these dormant funds could have a disruptive potential in the market price action, particularly if the funds belong to one of the two possible likely candidates suggested by Reddit sleuth u/sick_silk. The Redditor brought the movement of the funds to the attention of the crypto community by publishing a series of posts tracking each transaction in detail accompanied with graphs representing the activity. The first post was made on 31 August and suggested that the funds may be connected to the now-defunct dark web market Silk Road which handled the trade of billions of dollars worth of contraband such as recreational and prescription drugs, illegal w…
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Bitcoin ATMs Now In The Thousands Around the World

Coinatmradar.com reports a milestone of the 3,500 threshold being crossed for bitcoin ATMs (BATM) installed across the globe. One of the goals behind bitcoin automated teller machines is ease of onboarding to the world of crypto. A bear market – a protracted Crypto Winter – appeared to slow BATMs’ placement. And for sure it just might have, but numbers remain relatively strong considering, with the greater worry among BATM operators being US federal regulations preventing innovation. 3,500 Bitcoin ATMs Installed Around the World Coinatmradar.com announced this week a psychological milestone for the ecosystem had been reached: more than 3,500 bitcoin ATM machines are now installed all over the world. Not so long ago, BATMs were thought to a perfect onboarding tool, and especially in the United States. Americans are already trained on the basic tech, having had decades of automated ways to snag cash. That such machines could be placed where consumers are, rather than t…
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Some Merchants Are Doing $10 Million a Month in Bitcoin Payments

“Bitcoin is actually working,” says Sonny Singh, BitPay’s COO, in an interview with a China based crypto media. He said BitPay processed $1.2 billion worth of bitcoin payments last year. This year, “we do a transaction at BitPay every 10 seconds in the world,” he says. “There are so many people spending bitcoin,” Singh said, before revealing that some of their merchants “are doing between 1 million and 10 million dollars a month.” The last known number of BitPay merchants is 100,000, including Microsoft, Newegg, TiggerDirect and others. Some merchants however do not want to be named. In the context of regulations, which he says BitPay welcomes, Singh said: “We still have a lot of customers that use our product, but they are afraid to announce it to the public, they think it might get them into trouble for some reasons.” Interestingly Asia, and China in particular, is a big market for BitPay. In US people trust the dollar, he said, and they don’t use wallets like …
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Kim Kardashian West Goes all in with Bitcoin

Kim Kardashian West, the reality television starlet with 114 million followers on Instagram, staked what appeared to be physical Bitcoin (BTC) chips on a charity poker night out in LA yesterday, July 29. Kardashian West, sisters Khloé Kardashian and Kendall Jenner, and mom Kris Jenner hosted a table at yesterday’s inaugural "If Only" Texas Hold’em Charity Poker in Los Angeles to raise funds for City of Hope, a nonprofit clinical research and treatment center for cancer. Amidst her Instagram Stories’ videos of betting with poker chips, the star posted a picture in which she bet with what appeared to be physical Bitcoin chips, accompanied by the jubilant byline “We moved onto bitcoin!” The idea of representing Bitcoin with a physical commodity has been around for several years — whether by minting gold coins or bespoke printed banknotes. One of the physical cryptos on Kim’s Instagram appears to closely resemble a Kialara-designed Bitcoin, which crypto entrepreneur Ma…
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Win a free ‘Promotional Listing’ worth $33

To celebrate the upcoming Summer holidays we’re giving one lucky business owner the chance to win a 30 Day ‘Promotional Listing’ worth $33! All you have to do is list or claim your business listing this summer to be in for a chance to win*. What is a ‘Promotional Listing’? A Promotional Listing is featured on the homepage & throughout the site. It’s will also be featured daily via our social media accounts & popular forums including BitcoinTalk. This will help get you noticed and hopefully lead to extra customers in your store. All Promotional Listings last for 1 month for only £25 (approx. $33). *New customers only - Competition starts from Friday 20th July and closes on Sunday 23rd September at 11pm (GMT). Winner will be selected at random on Monday 24th September 2018. Winners Promotional Listing period will run from September 25th for 30 days.
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