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Now That Bitcoin 'is Digital Gold,' Which Crypto is For Payments?


Ever since the post-April cryptocurrency bull market, Bitcoin has been gradually consolidating its status as a store of value. This was confirmed most emphatically on July 11, when Federal Reserve chairman Jerome Powell told the U.S. Senate banking committee that investors use the cryptocurrency...

PR: Uruguayan President Meets With the Founder of SCRY


Uruguay, nicknamed South America’s Switzerland, has always taken a positive attitude towards the development of science and technology and information economy as well as science and technology services, thus becoming the first Latin American country to step into 5G information this year. Miss...

Five of the Most Important Use Cases for Cryptocurrency


Crypto assets have come a long way since Bitcoin. What started out as a P2P payment system has spawned an array of use cases that extend far beyond the original designation of cryptocurrency. While the primary function of crypto assets such as ETH and BTC is a matter of some debate, what’s...

GRAFT Launches Instant Payment Transactions on top of Privacy Chain


Earlier this week, GRAFT opened up the testnet for its marquee feature – RTA, which stands for Real-Time Authorizations. The functionality has been much anticipated and was predated by the launch of the Supernode network back in March of this year. The underlying PoW network has been...

The Next Big Financial Meltdown Is Around the Corner, Many Voices Warn


“The economy is looking great,” how many times have they told you that? And why do you usually hear it when you are late on a mortgage payment or during a downsizing purge at your company? Relying on your senses is always a safer bet than trusting the wishful thinking of those...

E-Commerce Giant, Newegg, Expands BTC Payment to 73 More Countries


Source: Instagram, Newegg Major U.S.-based online retailer Newegg said it will start accepting bitcoin in 73 additional of its country-specific stores. Given that Newegg provides its services in 81 countries, with plans to add more according to their website, today’s announcement means that “Newegg...

South African Payment Gateway Drops BTC Over Fees and Network Congestion


On July 12, South African payment gateway service Payfast announced the company is dropping bitcoin core (BTC) payments due to network congestion and high fees. Payfast emphasized that BTC has a number of limitations and design flaws which makes it an “impractical substitute for cash.”...

Koinex Exchange Shuts Down Ahead of Crypto Regulation


Another Indian crypto exchange has shut down permanently due to the banking restriction and regulatory delays. The exchange cites denials in payment services and a sharp decline in trading volume resulting from the recent news of a draft bill to ban cryptocurrencies. Also read: Indian...

Market Rebound Boosts Adoption of Cryptocurrencies for Payments


The use of digital assets to make payments is growing, according to a recently published study. It reveals that cryptocurrency’s role as a viable means of payment has been expanding and this year’s market rebound has increased the turnover of crypto payments. The report suggests that...

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