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Gox Rising Offers $800 per Bitcoin Claim to Buy out Mt Gox Creditors


Gox Rising has offered to buy out creditor claims from the collapsed cryptocurrency exchange Mt. Gox. The Brock Pierce-led outfit will pay $800 per bitcoin claim, either in BTC or cash, to creditors who are unwilling to wait for the finalization of the ongoing civil litigation. “Our payment...

Visa Files Patent for Cryptocurrency System to Replace Cash


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...

BitPay vs BTCPay: Which Bitcoin Payment Processor is Right for Your Business?


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...

Bitfineon Announces Partnership with Payment Gateway Solutions Banxa


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


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,”...

Ripple Sues Youtube For Allowing Scams That Promised Returns Up to $1 Million


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


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...

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