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This Bitcoin Ransomware Rakes in $150 Million in BTC
10.1.2021
A new report by two cybersecurity firms has revealed that one ransomware family is particularly successful, raking in over $150 million in bitcoin. The ransom payments “sometimes amount to millions of dollars and typically run in the hundreds of thousands range.” Ransomware Makes $150...
Kyrgyzstan Has Proposed Its First Regulatory Framework for Crypto
8.1.2021
Kyrgyzstan's central bank wants to regulate cryptocurrency – licensing exchanges and barring its use in payments
Eligma Raises Additional €4 Million Equity Investment at €50 Million Valuation
8.1.2021
PRESS RELEASE. Crypto payments startup Eligma has announced it recently completed a new funding round of €4 million at a €50 million valuation. The latest investment was funded by Roger Ver through Bitcoin.com, and was mainly initiated due to Eligma’s ongoing efforts to comply...
Global Virtual Series on the Future Evolution of AI in Payments & Fraud Risk Management
8.1.2021
Artificial Intelligence (AI) is here for quite some time and is successfully being used in banking applications like Fraud Analysis and Customer Risk Scoring, but with a limited scope. With such high expectations for the technology in payments and in myriad other industries, what will AI actually...
Visa-backed Bitcoin startup to launch Lightning-based global payments app
7.1.2021
Zap is announcing Strike Global, a Bitcoin payments app for global remittances
Trump bans Chinese payment apps, including AliPay and WeChat Pay
6.1.2021
The trade war with China homes in on the country's thriving digital payments industry
Slot machine manufacturer gets patent for crypto payment options
5.1.2021
Many gamblers may no longer need to use Bitcoin ATMs in casinos, as they could transfer their crypto directly to casino gaming accounts
US Federal Regulator Says Banks Can Conduct Payments Using Stablecoins
5.1.2021
Banks can act as nodes on a blockchain or conduct payments using stablecoins, the OCC said Monday
Economics Professor Tyler Cowen Says Cryptos Useful as Hedges or Forms of Payments – ‘Not Both’
4.1.2021
Tyler Cowen, an economist and professor at George Mason University, has suggested that the key use cases of cryptocurrencies are mutually exclusive. He argues that cryptos can either be important inflation hedging tools or useful forms of payment but not both. The Regulation Threat The professor...
9 Trillion vs. 100 Trillion: Billionaire Mike Novogratz Asks Which Cryptocurrency Will Win the Payments Race
2.1.2021
On December 31, billionaire investor Mike Novogratz asked his Twitter followers which blockchain coin has the best chance of winning the payments race and offered four choices. Novogratz said there are lots of “contenders” and listed off Facebook’s diem, tether, bitcoin cash,...
Darknet Giant White House Market Drops Bitcoin, Supports Monero Payments Only
1.1.2021
The prominent darknet marketplace, White House Market, has dropped bitcoin payments and now accepts monero only. The darknet marketplace administrators detailed that there was an issue with a payment processor blocking Tor exit nodes, but the full transition to monero was always planned. A number...
CyberGhost VPN Will Shield Your Bitcoin Transactions With a Special 83% off New Year’s Offer
31.12.2020
The crypto world is full of malicious hackers and other serious threats to your digital assets. CyberGhost VPN, which is trusted by over 36 million users globally, can help protect your security when making online transactions and payments. The service accepts bitcoin and you can now save over...
NFL player Russell Okung isn’t getting paid in Bitcoin; this is what he’s doing instead
30.12.2020
Various news outlets reported that a portion of Okung’s $13 million salary is being paid in BTC. It’s not true
Las Vegas luxury auto dealership rakes in Bitcoin payments
30.12.2020
Vegas Auto Gallery has seen an influx of Bitcoin payments amid the bull market
Payments Firm Simplex Becomes Visa Principal Member
29.12.2020
Israel-based global fiat payment processor Simplex announced Tuesday it has become a principal member of the Visa network
Digital Currencies Could Outshine SWIFT System, Says Central Bank of Russia’s Deputy Governor
29.12.2020
The first deputy governor of the Central Bank of Russia (CBR) has been vocal in a recent online meeting, reported by Russia Today (RT), about the topic of digital currencies challenging the SWIFT international payments system and make it redundant. Digital Currencies Could Challenge SWIFT System...
Visa Grants Principal Membership to Crypto Payments Platform Wirex
24.12.2020
London-based crypto-payments platform Wirex can now issue Visa accounts and process transactions autonomously, as the firm became a principal member of the payments giant. Crypto Payments Platform Wirex Gets Principal Membership From Visa to Issue Cards Autonomously According to the announcement...
Australia's crypto ecosystem 2020: The spark for a DeFi explosion
20.12.2020
The Australian crypto ecosystem has flourished despite the pandemic, with a booming DeFi sector, a five year blockchain roadmap and the embrace of the technology by banks and the finance sector
American Express’ Venture Arm Invests in a Cryptocurrency Trading Platform
19.12.2020
American Express says its venture arm, Amex Ventures has invested in Falconx the cryptocurrency trading platform that focuses on serving institutional trading clients. Amex’s investment, which was announced during a record-breaking week for bitcoin, underscores the credit card issuer’s...
Kim Dotcom Says Bitcoin Cash ‘Great for Payments,’ Expects BCH to Cross $3K in 2021
17.12.2020
On December 17, the internet entrepreneur and political activist Kim Dotcom spoke about bitcoin being a “great asset for storage,” and then further stressed that bitcoin cash was “great for payments.” Dotcom said he expects bitcoin cash to jump in value by 900% next year...