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Tim Draper Leads $2.5 Million Funding Round for Ark Labs to Advance Bitcoin Payment Solutions
23.8.2024
Ark Labs has secured $2.5 million in pre-seed funding led by Tim Draper, aimed at advancing the Ark protocol for simplifying bitcoin payments. This funding will help Ark Labs enhance their user-friendly, non-custodial payment system, making bitcoin more accessible for global commerce. Ark Labs...
Coinbase Commerce Removes Native Bitcoin Payment Support for Merchants – What’s Going On?
19.2.2024
Coinbase has removed support for native Bitcoin (BTC) and other UTXO (Unspent Transaction Output) coins on its payment platform for merchants, Coinbase Commerce. In a recent post on X, Lauren Dowling, the exchange’s head of product, said that the removal of native Bitcoin and UTXO support...
New Bitcoin Tool Enables Paywalls and Subscriptions With BTC: Here’s How It Works
26.1.2024
Crypto developers just dropped a new tool that lets creators monetize their content with Bitcoin (BTC) – and it’s a lot more flexible than fiat-based competitors. Built by programmers Pierre Corbin and Hugo Ferrer, Bitcoin payment gateway “Flash” brings subscriptions, paywalls, and payment...
Elon Musk’s AI Tool Grok Misleads Users with Random Bitcoin Payment Address
11.12.2023
Image Source: Pixabay Grok, the artificial intelligence tool developed by Elon Musk’s xAI, has recently deceived users by falsely claiming to accept Bitcoin payments during a Q&A event. The tool even provided a random Bitcoin (BTC) donation address, as highlighted by Jameson Lopp,...
Btcpay Introduces New Coinjoin Plugin for Enhanced Bitcoin Privacy for Merchants
28.2.2023
On Monday, Wasabi Wallet and the open-source bitcoin payment processor Btcpay announced a new plugin for the Btcpay server. The plugin implements Wasabi’s Wabisabi coinjoin coordination protocol, allowing merchants to benefit from privacy enhancement. By activating the newly launched plugin...
South African Retailer Pick n Pay Now Accepting Payments via BTC at All Its Stores
3.2.2023
Pick n Pay, one of South Africa’s leading retailers, reportedly now accepts bitcoin as payment at all its stores across the country. Using the bitcoin lightning network, Pick n Pay’s customers can now buy items such as groceries, airtime and electricity tokens. Using BTC for Everyday...
Crypto Payment Infrastructure Firm Opennode to Test Bitcoin Payments in Bahrain
18.9.2022
Opennode, a bitcoin payment infrastructure firm, recently said it will run trials of its bitcoin processing and payout solution through the Central Bank of Bahrain’s regulatory sandbox. According to Dalal Buhejji, an executive director with the Bahrain Economic Development Board, the central...
Report: UAE’s Emirates Airline Set to Use ‘Bitcoin as a Payment Service’
13.5.2022
One of the United Arab Emirates (UAE)’s leading airlines, Emirates Airline, said it has plans to add “bitcoin as a payment service.” The airline is planning to recruit personnel to create applications that monitor client needs. Two Different Applications and Approaches...
Aussie convenience store giant to accept crypto at 170 outlets
4.4.2022
On The Run (OTR) will work with Crypto.com to implement its Pay Merchant product, with a Sydney payment systems provider rolling out new terminals to allow consumers to pay with crypto
Fidelity Discusses Future of Crypto Ecosystem — Says Bitcoin Is ‘a Superior Form of Money’
3.2.2022
Fidelity Digital Assets has released a report explaining why bitcoin is a superior form of money. The report discusses the future of the digital asset ecosystem and compares bitcoin to newer and smaller cryptocurrencies. Fidelity Says ‘Bitcoin First’ Fidelity Digital Assets,...
Argentina-Based Mobile Wallet App Belo Adds Lightning Network Support via Opennode
11.1.2022
On Monday, January 10, the Argentina-based mobile wallet company Belo announced that the platform has added support for the Lightning Network by partnering with the bitcoin payment processor and infrastructure provider Opennode. The mobile application allows users to trade and transact in pesos...
Pro-Bitcoin Miami Mayor Says He Will Take Next Paycheck 100% in BTC
3.11.2021
The mayor of the U.S. city of Miami says that he is going to take 100% of his next paycheck in bitcoin and become the first American politician to accept a salary in cryptocurrency. The mayor is currently trying to build his city into a bitcoin capital of the world. US Politician Wants to...
Second largest US mortgage lender UWM dumps Bitcoin payment plans
15.10.2021
United Wholesale Mortgage previously announced plans to test Bitcoin and Ether for mortgage payments in August
Belgian startup debuts Bitcoin payments for parking tickets
2.9.2021
The company says it expects Bitcoin and other cryptocurrencies to come into greater everyday use, especially once tokens become more environmentally friendly
Cryptocurrency Gaining Mainstream Interest as Payment Option: Report
4.8.2021
Cryptocurrency is gaining mainstream traction among consumers who want to use it for purchases, according to a new report. Out of more than 8,000 U.S. consumers surveyed, 93% of crypto users would make purchases with cryptocurrency in the future. Growing Number of People Want to Pay With...
Bitcoin has failed miserably as currency, says NYU's 'dean of valuation'
30.6.2021
The serial Bitcoin critic has once again dismissed BTC’s value proposition as a form of currency
The Aspiring Answers to Bitcoin’s Enormous Energy Footprint
14.5.2021
Following a tweet from Elon Musk highlighting Tesla’s suspension of bitcoin payment acceptance due to sky-high energy needs, the industry quickly responded by highlighting the capable solutions that already address this drawback. Musk’s Comments Conveniently Ignore Reality of Blockchain...
Online Music Store Beatport to Start Accepting Bitcoin Payments, Launches Curated NFT
22.4.2021
A major American DJ-related online music store has joined the crypto adoption frenzy by accepting bitcoin payments. Beatport is the latest firm that adopts a crypto payment gateway after signed a partnership with crypto exchange Crypto.com. Bitcoin Payment Gateway Will Be Launched in June Per Music...
Microstrategy Will Now Pay Board of Directors in Bitcoin as Treasury Grows to Nearly 100K BTC
12.4.2021
Nasdaq-listed Microstrategy, which has amassed nearly 100K bitcoins in its treasury, has modified its compensation agreements for the board of directors. The company will now pay non-employee directors in bitcoin, citing its commitment to the cryptocurrency “given its ability to serve as...
Microsoft Is Surveying Its Xbox Users About Adding a Bitcoin Payment Option to the Store
24.3.2021
The tech giant seems to be changing its stance on being more friendly with the cryptocurrency sphere amid the current hype. Microsoft has been asking its Xbox gaming console users about the possibility of implementing payment methods, such as bitcoin. The Poll Is the First of Its Kind Released...