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Payments Processor Stripe Cutting Over 1,000 Jobs
3.11.2022
The firm is cutting 14% of its staff, according to a memo
Mastercard adds 7 blockchain startups to its crypto accelerator
3.11.2022
The crypto gateway provider Fasset and Singapore’s Digital Treasures Center are among the startups entering the latest Mastercard Start Path program
South Africa Retailer Pick n Pay Now Accepts Payment in Bitcoin at 39 Outlets
3.11.2022
Pick n Pay, the South African retailer, has revealed that some of its grocery stores are now accepting bitcoin payments. To ensure payments are affordable, Pick n Pay reportedly uses the Bitcoin Lightning Network which is said to be suitable for “high volume, low-value transactions.”...
Programmer spends 69 nights in 'Bitcoin Cash City' using only BCH: Here's how it went
3.11.2022
Silverblood says using Bitcoin Cash as payment method “makes sense” because it's part of his income and it's less effort than some of the other forms of payment I use."
McDonald’s, pizza and coffee paid in Bitcoin: The Plan B for crypto payments
2.11.2022
Crypto payments are taking off in a big way in Lugano, Switzerland with 60 merchants and counting
Leading Global Payments Network MoneyGram to Offer Cryptocurrency Services
2.11.2022
Global payments company MoneyGram has announced that US users can now use its platform to buy, sell, and hold some major cryptocurrencies.
In a November one press release, the payments giant said that it will offer crypto purchase services via its app to customers in nearly all U.S. states...
Stablecoin issuers Circle and Paxos gain approvals in Singapore
2.11.2022
The approvals came after the Monetary Authority of Singapore issued two consultation papers that proposed to ease regulatory hurdles for digital asset service providers
Lightning Network releases emergency update after critical bug on LND nodes
1.11.2022
The bug led LND nodes to fail to sync chain in the second critical bug in less than a month
South African Supermarket Giant Pick n Pay Now Accepts Bitcoin Payments: Report
1.11.2022
Pick n Pay, one of South Africa's largest supermarket chains, will allow customers to pay using bitcoin via any Lightning Network-enabled app, according to The Times
CBDC: Indian Central Bank Begins Digital Rupee Pilot
1.11.2022
The Reserve Bank of India (RBI), the country’s central bank, has started a pilot program of its digital currency today, in cooperation with nine banks. It also released a Concept Note on Central Bank Digital Currency (CBDC) for India.
Bloomberg reported that “several lots of bonds were traded,”...
Bitcoin, not blockchain: Synonym launches mobile BTC wallet
31.10.2022
The new mobile wallet, called Bitkit, was unveiled at the PlanB Forum conference in Lugano, Switzerland on Oct. 29
Paraguay Warns About Growth of Illegal Bitcoin Mining Operations and Effect on Power Stability of the Country
31.10.2022
The growth of illegal bitcoin mining operations could affect the stability of the power system in Paraguay, according to statements from the National Power Administration. The boom the country is experiencing is taking its toll on the power system, with many miners plugging in illegally...
Happy Halloween: The five spookiest stories in crypto in 2022
31.10.2022
This Halloween, we pay tribute to the crypto investors and businesses that fought through the various financial and technological nightmares that occurred in 2022
Bank of Thailand Needs More Time to Complete and Launch Retail Digital Currency
31.10.2022
The central bank of Thailand is not going to rush with the launch of its digital currency as it’s not yet sure about the benefits it would bring. According to the head of the monetary authority, the development of the state-issued coin may take several years. Thailand’s Central Bank Wants to Better...
Core Scientific Shares Downgraded After SEC Filing Hints at Possible Bankruptcy
30.10.2022
One of the largest publicly listed bitcoin miners, Core Scientific, has shaken investors with a recent filing with the U.S. Securities and Exchange Commission that raises the possibility the company may apply for bankruptcy protection. The filing notes that Core Scientific will be unable to...
New Mining Bill Permitting Cross-Border Crypto Payments Filed in Russian Parliament
29.10.2022
A draft law designed to regulate the mining of digital coins in Russia is also legalizing the use of cryptocurrencies in international settlements. It has been submitted to the Russian parliament after the rejection of an earlier bill which was aiming to allow domestic crypto payments as well....
Brussels to Spur Rollout of Instant Payments in Euro, Proposes Legislation
29.10.2022
The European Commission has approved a proposal to accelerate the introduction of euro instant payments. The technology is there and Europeans should be able to send and receive money immediately, the executive body said, revealing its intentions to push the industry toward wide adoption. EU Moves...
Visa Files Trademark Applications Covering a Range of Cryptocurrency Products, Including Crypto Wallet
29.10.2022
Payments giant Visa has filed two trademark applications covering a wide range of cryptocurrency products and services, including its own crypto wallet. The filings also mention crypto transaction management and non-fungible tokens (NFTs). Visa’s New Trademark Applications Visa has filed...
Crypto Biz: Is Zuckerberg’s $100B metaverse experiment doomed to fail?
28.10.2022
Meta's Reality Labs division lost $3.672 billion in the third quarter. Some shareholders aren't happy with the company's oversized investment in metaverse technology
Utrust and Lugano Are Bringing Crypto Payments to an Entire City
27.10.2022
PRESS RELEASE. October 27th, Lugano Switzerland — The city of Lugano is the largest city in the canton of Ticino, Switzerland. They are also the economic capital of Southern Switzerland, strategically located between the metropolitan areas of Milan and Zurich. Part of Lugano’s appeal as a vibrant...