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Visa Files Patent for Cryptocurrency System to Replace Cash
15.5.2020
Visa International has filed for a cryptocurrency system patent that is meant to replace physical currency. The system, which utilizes both central banks and commercial banks, leverages a private blockchain to improve the payment ecosystem. Visa’s Cryptocurrency Patent Filing The United...
IOV Labs Explains New Off-Chain Bitcoin-Based Payment Channel
14.5.2020
IOV Labs recently launched a mobile payment avenue that does not require a full node to implement — but what does that all entail?
IOV Labs Takes on Lightning Network With New Light Client
13.5.2020
IOV Labs, which builds platforms secured by bitcoin’s hash rate, launched Wednesday a light client for the Lumino Payments Network, its smart contract-compatible rival to the lightning network
Transak Announces Integration with Chainlink Oracle to Bridge Smart Contracts with Crypto/Fiat Payment Gateways
13.5.2020
Crypto/fiat onramp aggregator Transak announced on Tuesday that it has integrated with leading decentralized oracle network Chainlink, making its onramp aggregator solutions available to smart contracts. Chainlink confirmed this via a tweet stating that developers can now use Chainlink oracles...
Metal Pay's New Blockchain Allows Bank and Payment Platform Integration
12.5.2020
Metal Pay, with its new mainnet blockchain Proton, makes different banks and payment platforms compatible with each other, as well as the digital asset world
BitPay vs BTCPay: Which Bitcoin Payment Processor is Right for Your Business?
3.5.2020
Although most of the activity around bitcoin (BTC) and other cryptocurrencies currently has more to do with price speculation than actual commerce, there are still plenty of reasons as to why accepting bitcoin payments makes sense for some businesses. Whether you believe in the ideas behind Bitcoin...
British Payment Firm Checkout.com Joins the Libra Association
28.4.2020
The Libra Association reinforces its efforts to launch the network in Q4 2020, adds British payment startup Checkout.com as its 24th member
Cross-Border Payment Portal Checkout.com Is Latest to Join Libra Association
28.4.2020
Checkout.com, a digital payment processor which focuses on cross-border transactions, has become the 24th member of the Libra Association
Bitfineon Announces Partnership with Payment Gateway Solutions Banxa
27.4.2020
Crypto exchange Bitfineon announced on Sunday that it has entered in a partnership with the Melbourne based payment gateway solutions provider Banxa. The partnership will allow Bitfineon users to conveniently make fiat payments to buy and sell crypto on the platform. ???? Partnership announcement...
LG Pilots Facial Recognition-powered ‘Digital Token’ Payment Platform
23.4.2020
Source: Adobe/S_E
South Korean electronics giant LG’s long-awaited digital token has taken a new and innovative twist in the wake of the coronavirus pandemic.
Per a press release shared with the Green Economic Daily, LG’s IT services arm, LG CNS, has released details about its “digital currency,”...
Starbucks, McDonald’s Among 19 Firms to Test China’s Digital Yuan: Report
23.4.2020
The food and beverage giants are among the restaurants and retail shops reportedly on a local government list for testing of China's central bank digital currency
Binance Research Finds Libra Could Rattle Payment Sector Foundations
23.4.2020
After a deep dive into Facebook's Libra project, Binance Research found the proposed concept could change the face of the payment sector
Ripple Sues Youtube For Allowing Scams That Promised Returns Up to $1 Million
22.4.2020
Ripple is suing Youtube, accusing the video platform of not doing enough to eliminate crypto-related “giveaway” scams. The payment network wants to force Youtube to protect its users from such scams. Some scammers promise returns up to 5 million XRP or about $930,000 at current prices...
Bankera Launches Bank Account Alternative Focused on Crypto Businesses
17.4.2020
Bankera, an ambitious project to build a neobank for the digital era, has started to offer payment accounts to individual and business clients as a low-cost, fast and convenient alternative to traditional bank accounts. Individual and business clients who sign up to the service can already enjoy...
Facebook Libra Redesigned: New System and Cryptocurrency to Comply With Regulations
17.4.2020
Facebook’s Libra cryptocurrency project has undergone major changes. A number of key areas have been redesigned, including the payment system, the Libra cryptocurrency, and the addition of new single-currency stablecoins. The changes largely aim to comply with regulatory requirements. Also...
Bitcoin-Based Payment Facilitator Purse.io Shuts Down
16.4.2020
Long-time Bitcoin payment facilitator, Purse.io, has chosen to close up shop
Libra vs. DCEP? The Battle for the Future of Money Heats Up
16.4.2020
NLW breaks down libra’s new fiat-pegged model, DCEP’s trial app and China’s Blockchain Service Network
$2,000 a Month: US Lawmakers Propose Basic Income for Americans to Cope With Covid-19 Economy
16.4.2020
Democrats from the House of Representatives have introduced legislation that would pay eligible Americans $2,000 a month until U.S. unemployment numbers return to pre-covid-19 levels. Under the proposal, any American citizen 16-years or older making less than $130K per year would receive monthly...
Japanese Crypto Exchange DeCurret Issues $25 Million in New Shares
13.4.2020
As part of its effort to promote the use of virtual currency in Japan, DeCurret announced they had issued shares worth roughly $25 million
Ledger Expands Crypto Payment Options with Crypto.Com Partnership
10.4.2020
Wallet producer Ledger allows its customers to pay with Bitcoin, Ether, XRP, Litecoin and Crypto.com Coin for its products via the Crypto.com wallet