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Business Giants Invest USD 60m in Blockchain-powered Payment Firm Chai
11.12.2020
Screenshots of the Chai app. A group of South Korean and Japanese business giants including Hanhwa Investment & Securities, SoftBank and SK have joined more established blockchain investors to complete a Series B investment round worth over USD 60m in South Korean firm Chai, the provider of...
Bitcoin.com Wallet Adds Shareable Payment Link Feature – Send Bitcoin Cash to Anyone via Text, Email, and Social Media
10.12.2020
At Bitcoin.com, our team is all about spreading the benefits of peer-to-peer electronic cash and our flagship wallet is a testament to our team’s passion. Bitcoin.com’s noncustodial crypto wallet recently upgraded and now offers a new payment link feature that allows anyone to send...
Hackers Demand Over 1,800 BTC From Electronics Giant Foxconn After Ransomware Attack
9.12.2020
A multinational electronic giant and a well-known manufacturer of Apple products is the latest victim of a millionaire ransomware attack deployed over the Thanksgiving weekend on one of its branches. Apple’s Manufacturer Is the Latest Victim of Well-Known Ransomware Gang Foxconn,...
Hong Kong in Talks With PBOC on Digital Yuan Trial for Cross-Border Payments
6.12.2020
PBOC’s Digital Currency Institute and the HKMA are discussing the technical pilot testing of using e-CNY form making cross-border payments
Black Shadow Hackers Demand 200 BTC Ransom from Israeli Insurance Giant Shirbit
6.12.2020
One of the largest insurance companies in Israel has been hit by a ransomware attack, and the threat actors started to release sensitive data, as the firm doesn’t pay the requested ransom in bitcoin (BTC). Israel-Based Shirbit Still Refuses to Pay $3.8 Million Ransom According to...
Is Spotify Looking to Add Crypto as Payment Method? This Job Offer Suggests It
4.12.2020
Music and podcast streaming service Spotify posted a job offer that woke up interest in the crypto community, as it’s related to supporting cryptocurrencies for payments on the music platform, potentially. Spotify Is Treading Crypto Waters With a New Job Listing According to the job listing...
All Pizza Hut Locations Accept Cryptocurrencies in Venezuela
28.11.2020
All Pizza Hut locations in Venezuela now accept a broad range of cryptocurrencies, including bitcoin, via the payment platform Cryptobuyer. Pizza Hut joins Burger King, Intercontinental Hotel, Traki, and several other major stores in Venezuela that accept bitcoin. Pizza Hut Accepts Bitcoin...
Remitano Makes Cross-Border Money Transfer Much Easier With New “Cash-Out” Feature
24.11.2020
PRESS RELEASE. To simplify banking and meet its users’ Remittance needs across the globe, Remitano, a global escrow-marketplace, has just launched a smart, free, and safe approach for cross-border money transfers. This system will allow users to send and receive money from other countries...
SEC Chairman Jay Clayton Explains US Crypto Regulation, Calls Bitcoin a Store of Value
23.11.2020
The chairman of the U.S. Securities and Exchange Commission (SEC) has explained how the U.S. government is regulating cryptocurrency. He calls bitcoin a store of value, noting that its rise is driven by the inefficiencies of the current payment system. How Bitcoin Is Regulated in the US...
Japan’s Banking Giant MUFG Plans to Launch Blockchain Payment Network in 2021
20.11.2020
Japanese banking giant MUFG plans to launch its blockchain payment network across the country in 2021 with U.S.-based fintech company Akamai
SEC’s Clayton Says Payment Inefficiencies Are Boosting Bitcoin’s Rise
19.11.2020
Clayton sounded more bullish on bitcoin than he's been in years in his Thursday interview with CNBC
Akoin Cryptocurrency Launches in Kenya as Pilot for $6 Billion Akon City
14.11.2020
The akoin cryptocurrency, created by famous singer and philanthropist Akon, has started trading on a global crypto exchange. It is also being launched as a means of payment in a tech city in Kenya as a pilot for Akon City, the $6 billion futuristic city that is being built in Senegal. Akoin Crypto...
Bitpay Launches New Payroll Service for Companies That Opt to Pay Employees in Crypto
13.11.2020
The Atlanta-based cryptocurrency payment processing company Bitpay is now getting involved with payroll services. The firm announced the launch of Bitpay Send, a mass payout service that enables organizations of all sizes to pay employees, affiliates, and freelance contractors. Bitcoin...
BitPay launches mass crypto payments for businesses
13.11.2020
BitPay Send allows businesses to issue mass crypto payments around the world without having to hold any crypto themselves
Paypal Opens Crypto Services to Millions of Eligible Account Holders in the US
12.11.2020
Payment processing giant Paypal announced on Thursday that “all eligible Paypal account holders in the U.S. can now buy, hold, and sell cryptocurrency directly with Paypal.” The news follows the company’s announcement to support crypto assets at the end of October. Paypal’s...
Shopping.io Enables Crypto-Payments on Popular E-Commerce Websites
12.11.2020
PRESS RELEASE. The adoption of crypto is not possible without accelerating its usage as a currency, and not only as an asset. While e-commerce giants such as Amazon, eBay, and Walmart aren’t able to offer crypto-payment, Shopping.io launches a gateway to make purchases from the aforementioned...
Grin Network Victim of 51% Attack, Unknown Miner Commands 58% of the Hashrate
10.11.2020
The privacy-centric cryptocurrency network Grin (GRIN) has been the victim of a 51% attack according to a number of reports. Allegedly an unknown entity gained control of over 57% of the network hashrate on Saturday. According to the Grin website, the team is recommending people wait...
Will PayPal’s crypto integration bring crypto to the masses? Experts answer
8.11.2020
Experts in blockchain technology and crypto take on the question: Could PayPal’s crypto integration help mass adoption?
Cash App’s Bitcoin Revenue Soars 1,000% to $1.63 Billion in Q3, Square Announces
7.11.2020
Cash App, a mobile payment service of Square Inc., generated more than $1.63 billion in bitcoin revenue in Q3 2020, which is an increase of more than 1,000% over the same period last year. The company recently invested 1% of its total assets, or $50 million, into bitcoin. Cash App’s Bitcoin...
Mitsubishi UFJ to Launch Blockchain-powered Payment Platform in 2021
5.11.2020
Japanese financial giant the Mitsubishi UFJ Financial Group (MUFG) aims to launch a blockchain technology-based payment service in spring 2021, along with American cloud and network firm Akamai Technologies.
Akamai is based in Cambridge, Massachusetts, and, per Nikkei, the new platform will provide...