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BitMoby's Bitcoin Top-Up Service Wins IT Award

International bitcoin mobile phone top-up service BitMoby has won two prizes at the technology-focused iAwards in Australia.

Bijgewerkt 11 sep 2021, 11:44 a..m.. Gepubliceerd 26 jun 2015, 9:03 a..m.. Vertaald door AI

Mobile payments company mHITs has scored two state-level awards for its bitcoin top-up service, BitMoby.

The platform won in both the financial and consumer industry divisions at the Australian Capital Territory's (ACT) iAwards, which honor the achievements of local ICT companies.

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BitMoby

allows users to send bitcoin to top up pre-paid mobile phone services in 117 countries worldwide, though not yet in Australia itself.

There is no registration requirement, with users needing to supply only their phone number, an email address and bitcoins to top up their account from $10 to $100.

The service is likely to be an advantage for people living in countries where mobile payments via SMS are common, and access to banking and credit cards less so.

BitMoby will now compete at the national awards, to be held in Melbourne from 25th–27th August.

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KuCoin Hits Record Market Share as 2025 Volumes Outpace Crypto Market

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KuCoin captured a record share of centralised exchange volume in 2025, with more than $1.25tn traded as its volumes grew faster than the wider crypto market.

Wat u moet weten:

  • KuCoin recorded over $1.25 trillion in total trading volume in 2025, equivalent to an average of roughly $114 billion per month, marking its strongest year on record.
  • This performance translated into an all-time high share of centralised exchange volume, as KuCoin’s activity expanded faster than aggregate CEX volumes, which slowed during periods of lower market volatility.
  • Spot and derivatives volumes were evenly split, each exceeding $500 billion for the year, signalling broad-based usage rather than reliance on a single product line.
  • Altcoins accounted for the majority of trading activity, reinforcing KuCoin’s role as a primary liquidity venue beyond BTC and ETH at a time when majors saw more muted turnover.
  • Even as overall crypto volumes softened mid-year, KuCoin maintained elevated baseline activity, indicating structurally higher user engagement rather than short-lived volume spikes.

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Here’s why bitcoin’s is failing its role as a 'safe haven' versus gold

Here’s why bitcoin’s is failing its role as a 'safe haven'

Bitcoin behaves more like an "ATM" during uncertain times, with investors quickly selling it to raise cash.

Wat u moet weten:

  • During recent geopolitical tensions, Bitcoin lost 6.6% of its value, while gold rose 8.6%, demonstrating bitcoin's vulnerability in times of market stress.
  • Bitcoin behaves more like an "ATM" during uncertain times, with investors quickly selling it to raise cash, contrary to its reputation as a stable digital asset.
  • Gold remains the preferred hedge for short-term risks, while bitcoin is better suited for long-term monetary and geopolitical uncertainties that unfold over years.