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Bitcoin Payments App Strike Launches for European Customers
24.4.2024
Strike, the payments application using the Bitcoin blockchain, has launched in Europe, allowing customers to buy, sell and withdraw bitcoin {{BTC}} in the region, it announced Wednesday
Alternative Ways for Coinbase Commerce to Support Native Bitcoin Payments
24.2.2024
Coinbase recently announced that it would be removing support for native Bitcoin (BTC) payments across its payment platform for merchants, Coinbase Commerce. The company’s head of product, Lauren Dowling, stated on her X account on February 18 that “customers were struggling with operational...
Coinbase Commerce Ditches Support for Bitcoin Payments Using Self-Custody Wallets
20.2.2024
Coinbase Commerce, the cryptocurrency payments solution of U.S.-based exchange Coinbase, has removed support for bitcoin payments using self-custody wallets. Brian Armstrong, CEO of the exchange, clarified it maintains support for payments from UTXO-based chains from Coinbase accounts. However...
Taproot Wizards Reveal Bitcoin’s Onchain Payment Struggles During $15M Sale
19.2.2024
Sending bitcoin onchain remains a poor payment experience despite the hype surrounding the leading crypto asset, according to Taproot Wizards founder Udi Wertheimer. In a recent post-mortem of a high-volume sale using bitcoin, Wertheimer detailed several pain points with onchain payments including...
Bitcoin Price Prediction: Surge to $52,250 Amid Coinbase Shift & VC Funding Boost; BTC to Target $55,000?
19.2.2024
In the During the Asian session, Bitcoin is trading near $52,250, marking a modest increase of approximately 0.50% on Monday, the cryptocurrency landscape is undergoing significant shifts. Notably, Coinbase’s recent decision to halt native Bitcoin payments for merchants, opting instead for...
Japanese E-commerce Heavyweight Mercari to Accept Bitcoin Payments
8.1.2024
Source: vladim_ka/Adobe Mercari, one of Japan’s biggest e-commerce platforms, says it will start accepting Bitcoin (BTC) from June this year. Per a report from Nikkei, the firm will process Bitcoin payments via its Tokyo-based crypto subsidiary Melcoin. Melcoin will convert all BTC payments into...
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,...
Residents of Swiss City of Lugano to Pay Taxes With Bitcoin
7.12.2023
Citizens of the Swiss city of Lugano can now settle their tax bills and other community fees with bitcoin and the stablecoin tether. By adding crypto to payment options, Lugano joins three other Swiss cities and cantons which already accept crypto payments. Accelerating the Use of Bitcoin The Swiss...
Bitcoin user pays $3.1M in transition fee for one 139 BTC transfer
23.11.2023
A Mempool developer suggested that the user behind the transfer might not be aware of the non-cancellation of replacement fees policy, resulting in an accidental $3.1 million transaction fee
Mt. Gox Creditors to Receive Bitcoin Payments Starting 2023 Based on Rehabilitation Plan
22.11.2023
A decade after the Mt. Gox crypto hack, creditors have been informed of a repayment plan beginning in 2023. Image by 24K-Production, Adobe Stock. Nearly a decade after the collapse of the Mt. Gox cryptocurrency exchange, creditors may finally receive some relief. In an email sent to rehabilitation...
Sushi to test Bitcoin swaps and Opyn DeFi protocol founders cave to CFTC pressure: Finance Redefined
17.11.2023
Sushi is set to test Bitcoin swaps on 30 different blockchains using the interpretability protocol ZetaChain
Strike Rolls Out Bitcoin Purchases To Users Globally
16.11.2023
Bitcoin payments firm Strike has expanded its services on a global scale, now allowing users in 36 countries (soon to be 65+) beyond the U.S. to buy bitcoin through the app, founder Jack Mallers announced in a blog post Thursday
Bitstream White Paper Proposes Bitcoin Payments to Disrupt File Storage Economy
12.11.2023
Robin Linus, the creator behind BitVM — a computing construct atop the Bitcoin blockchain — released a new white paper on November 11, 2023, entitled “Bitstream.” The document explores a system aimed at reforming the economic structure of file storage, suggesting...
Pay and dump? How businesses accepting crypto payments influence adoption
8.11.2023
Crypto payments are often seen as a way to boost adoption, but is adoption growing if the business sells crypto right back? The answer is complex
US CFPB proposes supervising digital app providers, including crypto wallets
7.11.2023
The proposal would affect retail transactions carried out from crypto wallets, but not crypto trading
Bulgaria’s Oldest Soccer Club Botev Plovdiv Adds Bitcoin as a Payment Option
3.11.2023
PFC Botev Plovdiv, Bulgaria’s oldest soccer team, recently said it now accepts bitcoin payments at fan shops and catering points during matches. Fans who make payments using the top cryptocurrency anytime in the month of November are eligible for a 10% discount. Fans to Buy Tickets With...
Crypto remittances offer cheaper alternative, but still face challenges to adoption
2.11.2023
Crypto remittances are a lifeline for many people who need to send money to their loved ones, as they provide faster, cheaper and more transparent transactions than traditional methods
Ferrari to Start Accepting Crypto Payments in U.S: Reuters
16.10.2023
Ferrari will subsequently extend the scheme to Europe in response to demand from its wealthy customers
Bitcoin clean energy usage reportedly exceeds 50% — Will Tesla start accepting BTC payments?
14.9.2023
A Bloomberg analyst reported the percentage of energy used for Bitcoin mining coming from renewable sources had exceeded 50% due in part to miners fleeing China’s ban
Coinbase CEO Confirms Exchange Will Support Lightning, Which Dramatically Speeds Up Bitcoin Payments
13.9.2023
Coinbase CEO Brian Armstrong says the crypto exchange will indeed add support for the Lightning Network, one of the biggest endorsements yet for the blockchain that makes bitcoin (BTC) a more realistic option for payments by dramatically speeding up transactions