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At 4:30 p.m. Eastern Time, Silvergate Bank announced its intention to wind down the crypto-friendly bank’s operations and voluntarily liquidate the company’s assets. The news follows significant financial troubles the bank faced, and the firm’s stock plummeted in value. Details of Silvergate’s Wind Down and Liquidation Plan Over the last six months, Silvergate Capital Corporation’s … Read more
Chinese social media platform Wechat has introduced support for the state-backed digital yuan in its popular payment app. Over a billion users will now ostensibly be able to take advantage of fast payments with the digital currency issued by the People’s Bank of China. Wechat Pay Follows Alipay in Integrating Payments With Digital Yuan The … Read more
A hacking group linked to the Anonymous collective has allegedly hit the popular Russian payment processor Qiwi. Network Battalion 65 announced on social media it had managed to gain access to the platform’s databases — a claim the company has denied. Anonymous Affiliate Hacks Russian Payment System Qiwi Hackers from Network Battalion 65 (NB65), a … Read more
Dave is the latest in a series of fintech payments apps to offer crypto services, following PayPal, Venmo, and Cash App. Go to Source Powered by WPeMatico
Digital asset custody service provider Fireblocks has announced it will acquire First Digital, a fellow Israeli company, for $100 million. The acquisition, which is said to be Fireblocks’ first, comes less than three weeks after the company revealed it raised $550 million in Series E funding. Fireblocks’ $8 Billion Valuation Fireblocks, a digital asset custody … Read more
Blucon is excited to announce the launch of their transportation card that supports BCH. The system will work by integrating the EXO-Platform, to allow the instant conversion of cryptocurrency into spendable cash. Blucon has leveraged on its existing business relationships between cryptocurrency exchanges and legacy banking institutions to launch this product. Excitement is also building, … Read more
These days it is easier than ever for online merchants and brick and mortar shops to accept bitcoin cash. Today we’re going to introduce six BCH point-of-sale solutions that provide businesses worldwide with the ability to utilize this innovative technology. Also Read: New Information Heightens Satoshi Nakamoto Mystery Six Point-of-Sale Solutions for Merchants Who Want … Read more
Singlepoint has launched a bitcoin payment solution for the cannabis industry. The company also plans to launch a cryptocurrency exchange in the upcoming months as well as a crypto wallet which will be ready for testing in the next weeks. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies Singlepoint’s Bitcoin Solution Publicly-traded … Read more
Even though cryptocurrencies are incredibly popular right now, spending Bitcoin or altcoins is still rather problematic. Very few people actually accept cryptocurrency payments, which means there is a need for intermediary solutions. TenX aims to provide a way to spend virtual currencies anytime and anywhere. It is evident the world of cryptocurrency debit cards needs some … Read more
Invest on DIMPAY.io with a bonus of 5% (15% if you pay with XEM). This is a last chance to invest before the listing on the exchange on 18th December 2017. The DIM Ecosystem has expanded further with the launch of DIMPAY, an instant, borderless and decentralized payment system based on NEM blockchain technology. DIMPAY … Read more
