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A lot has changed since the coronavirus pandemic swept the globe as it has caused a wide range of negative effects on the world’s economy. On March 30, the blockchain surveillance firm Chainalysis published a report that shows how the cryptoconomy is faring from merchant acceptance to gambling, and darknet purchases as well. The researcher’s … Read more
On Wednesday, August 29 the Atlanta-based firm Bitpay announced that its merchants can now receive settlement in bitcoin cash (BCH). Not only can Bitpay merchants accept the decentralized digital currency and keep all the bitcoin cash, but they can also split their funds into a fraction of fiat and BCH as well. Also Read: Nchain Publishes … Read more
A network of cryptocurrency enabled Point-of-Sale (POS) payment devices has begun to spread in Indonesia, despite the ban by the central bank. Pundi X is laying the groundwork for Indonesian merchants to accept cryptocurrencies immediately after the rules are changed. Also Read: Huobi Creates Its Own Cryptocurrency Exchange-Traded Fund (ETF) POS Roll-Out Begins Pundi X, … Read more
After Reddit removed Bitcoin Core (BTC) as a form of payment for premium membership services this past March, the company seems to be planning to reinstate the digital asset soon. On Thursday, May 3 in an interview with Cheddar, the company’s chief technology officer (CTO), Chris Slowe, revealed it will be adding BTC again and … Read more
While its trading clients might have preferred Coinbase to focus on improving its core service, the exchange is busy now expanding into another market. Coinbase Commerce has launched to help online stores handle payments in four leading cryptocurrencies. Also Read: Independent Ratings Agency Alerts Investors About Dangers of Tether Coinbase Commerce San Francisco-based cryptocurrency exchange … Read more
This week the cryptocurrency payment processor Bitpay implemented the BIP70 Payment Protocol into their debit card bitcoin-to-dollar-load invoices. According to the company, the feature will prevent common payment errors and offer better security against man-in-the-middle attacks. Also Read: Hit BTC Introduces Deposit Charges to Deal With High Bitcoin Fees Using the Payment Protocol to Prevent … Read more
