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Costa Rica Might Be the Next Country to Establish Bitcoin as Regulated Currency
28.10.2022
Costa Rica could be one of the next countries to adopt bitcoin as a regulated payment method. This week, Congresswoman Johana Obando introduced a bill to allow bitcoin and other cryptocurrencies to serve as a form of payment. The bill also proposes that traditional banking institutions be able...
UAE Central Bank Completes First CBDC Payment Transaction
27.10.2022
The Central Bank of the United Arab Emirates (CBUAE) has announced it has finalized mBridge, the world's largest pilot of central bank digital currency (CBDC) transactions in cooperation with the Digital Currency Institute of the People's Bank of China, its Chinese counterpart. Other partners...
Biggest Movers: DOGE up by Over 17% as Elon Musk Comments on Twitter Takeover
27.10.2022
Dogecoin rose by as much as 17% on Thursday, as Tesla CEO Elon Musk moved closer to completing a takeover of Twitter. Musk has been a public supporter of the meme coin in recent years, with some suggesting that it could be added as a payment method on the social media platform. Cosmos also traded...
Crypto Payments Firm Bitpay Adds MATIC Support, Panini America to Accept Polygon Payments
26.10.2022
Bitcoin and crypto payment services provider Bitpay has announced that the company now supports the Polygon (MATIC) network. According to the firm, Bitpay app users will be able to store, trade, and spend MATIC later this week, and the collectibles company Panini America will be Bitpay’s first...
Fireblocks launches crypto payment engine with Checkout.com and Worldpay as pilot partners
24.10.2022
Checkout.com settled $1 billion in stablecoin transactions during its initial pilot phase of Payments Engine
A Look at the First Phone-to-Phone Bitcoin Transfer Using a Nokia N900 Smartphone
23.10.2022
When Satoshi Nakamoto created Bitcoin, the full node client came with a wallet often referred to as Bitcoin-Qt. Nakamoto’s simplified payment verification (SPV) concept was not available until two years later, after the former Bitcoin Core developer Mike Hearn published BitcoinJ in 2011....
Sui Network Turns to Mist Units to Improve Payment Efficiency
21.10.2022
Developers said that denoting Sui in Mist units will enable more flexibility in SUI transactions by supporting micropayments at very low gas fees
Retail Giant Walmart Outlines Crypto Strategy — Executive Foresees a Lot of Disruption in Payment Options
20.10.2022
Walmart’s global chief technology officer has revealed crypto’s role in the retail giant’s future. “Crypto will become an important part of how customers transact,” the executive said. “We want to make sure that we make it as friction free for customers to...
Defi Platform Moola Exploited for $8.4 Million in Incident Described as ‘Incredibly Simple Attack’
19.10.2022
Moola, a decentralized finance (defi) lending and borrowing platform, was recently exploited for $8.4 million in what has been described as an “incredibly simple attack.” Moola responded to the attack by pausing all activity on the platform. The defi platform also told the attacker(s)...
Crypto News Summary: Celsius Faces US Federal 'Investigations', IRS Puts Crypto, NFT & Stablecoin in Digital Asset Category, HackNotice Accepts BTC, XMR
19.10.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Crypto News Summary: Celsius Faces US Federal 'Investigations', IRS Puts Crypto, NFT & Stablecoin in Digital Asset...
Brazilian City of Curitiba Mulls Crypto Acceptance for Tax Payments
17.10.2022
The city of Curitiba, in Brazil, is now studying the possibility of accepting cryptocurrency payments for taxes. Noemia Rocha, a city councilor for Curitiba, presented this project to the executive to study the method by which the municipality could accept cryptocurrencies for these payments using...
The Size of Bitcoin’s Distributed Ledger Nears a Half Terabyte
15.10.2022
Well over a decade ago, on January 3, 2009, the size of the Bitcoin blockchain was 0.285 kilobytes (kB) or around 285 bytes. Today, however, the blockchain’s ledger is nearly half a terabyte, or roughly 432 gigabytes. Bitcoin’s Blockchain Nears 500 Gigabytes in Size On October...
Mastercard Focusing on 5 Key Areas to Turn Crypto Into ‘an Everyday Way to Pay’
14.10.2022
Mastercard has outlined five key crypto areas it is working on in order to “turn cryptocurrencies into an everyday way to pay.” A Mastercard executive opined: “Someday soon, the ability to own and spend a digital currency could be as seamless as making a contactless card...
Stablecorp Wants to Reduce Cross-Border Payment Friction
13.10.2022
Report: Withdrawal Limits for Egyptian Travelers Lowered as Banks Seek to Conserve Scarce Forex
13.10.2022
According to a report, some Egyptian banks recently informed clients who plan to travel abroad that they can now only withdraw $2,000 or less. The banks have also lowered the amount of foreign exchange that clients can withdraw when abroad. Egypt’s ongoing shortage of foreign exchange...
Coinbase Receives In-Principle Approval to Provide Crypto Services in Singapore
12.10.2022
Singapore’s central bank, the Monetary Authority of Singapore (MAS), has given Coinbase “in-principle approval” allowing the crypto exchange to “offer regulated digital payment token products and services in the island state.” Coinbase stressed:...
River Financial Offers Payment Gateway for Bitcoin’s Multi-Asset Upgrade
11.10.2022
The River Lightning Services solution wants to help developers utilize Taro, the Lightning Network upgrade bringing stablecoins and other assets to Bitcoin
Coinbase Gets Singapore Digital Payment Token License
11.10.2022
Coinbase joins Crypto.com and DBS Vickers as major institutions with a Digital Payment Token (DPT) license from the Monetary Authority of Singapore
Stablecoins’ Role in Cutting International Payment Costs Probed by Payments Watchdog
10.10.2022
The Committee on Payments and Market Infrastructures wants to know if stablecoins can fulfil their promise of cheaper, quicker transactions, according to a new Financial Stability Board report
Mt Gox Saga Nears End of the Road — Creditors Required to Register With Exchanges, Bitstamp Selected by Trustee
8.10.2022
Mt Gox creditors have been issued new information concerning their claims and it seems they now have until January 10, 2023 (Japan time) to register for a repayment method. The latest notice says that any creditors that wish to receive payment, must finish the “selection...