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Indian Payment Company PayMate Aims at Expanding Into Middle East & Africa
26.12.2019
PayMate, India’s one of the most emerging payment companies, has decided to broaden its presence in the Middle East and Northern Africa. Its CEO, Ajay Adiseshann, said that the company would invest 3 million USD in the Middle East by 2021. It should be noted that PayMate has already started...
Wirex CEO Pavel Matveev Shares Expansion Plans for 2020
24.12.2019
International payment and crypto service Wirex has enjoyed a productive year. Over the course of 2019, partnerships have been formed, a native token (WXT) released and the Wirex website and card completely redesigned. With the firm’s reach rapidly growing, CEO and co-founder Pavel Matveev...
Confirmed: BitPay Experienced 3-Hour Bitcoin Payment Outage
24.12.2019
BitPay Support confirmed that BitPay had a 3-hour outage of Bitcoin payments on Dec. 22
Unlike Libra, Digital Yuan Will Not Need Currency Reserves To Support Value: PBOC Official
23.12.2019
PBOC wants to distinguish its own digital currency from rival private initiatives
A possible privacy CBDC
23.12.2019
CoinMarketCap Daily Newsletter Your daily newsletter for 18 December, 2019 “Never assume the obvious is true.” - William Safire In today's newsletter, we will be covering: Stanford University funding blockchain startup touted as the 'Microsoft for blockchain' ECB believes that a private payment...
P2P Crypto Trading App Allows You to Protect Your Privacy
21.12.2019
Regulatory pressures as well as the development of third-party, intermediary and custodial services in the crypto space have been limiting the share of peer-to-peer trading. A new contender is now challenging established P2P exchanges by offering users a mobile service that allows them to determine...
‘Multi-Part’ Payments Could Bring Bigger Bitcoin Sums to Lightning Network
21.12.2019
With its latest "major release," bitcoin tech startup Blockstream said its c-lightning software team is the first to release a working version of "multi-part payments."
Travelbybit to Drop Bitcoin Payments After Viral Double Spend Video
20.12.2019
On December 18, Bitcoinbch.com published a video explaining how easy it is to double spend BTC transactions in the wild. Not long after the film was released, the payment processor Travelbybit announced it would be removing both BTC and BCH payments for over 400 Australian merchants. Unfortunately...
A possible privacy CBDC
18.12.2019
CoinMarketCap Daily Newsletter Your daily newsletter for 18 December, 2019 “Never assume the obvious is true.” - William Safire In today's newsletter, we will be covering: Stanford University funding blockchain startup touted as the 'Microsoft for blockchain' ECB believes that a...
Private Payment System for Central Bank Digital Currency Possible, Says ECB
17.12.2019
New research from the European central bank claims that a central bank digital currency system that protects user privacy is possible
ArcelorMittal Triggers Rs 42,000 cr Payment for Acquisition of Essar Steel
14.12.2019
ArcelorMittal, the world-renowned steel giant, has started payment disbursement for the strategic acquisition of Essar Steel for a total amount of Rs. 42,000 crores, revealed the sources on December 13, 2019. Earlier in November this year, the Supreme Court of India gave its nod to the...
Lightning Network Wiki Page Faces Removal for Lack of Notability
13.12.2019
A slew of Wikipedia editors would like to delete the Lightning Network (LN) Wiki page because the subject matter does not hold notability. Wikipedia editors use notability as a test to find out if a topic warrants its own article. The LN article debate on Wikipedia is still raging as a few editors...
Stablecoin Startup Terra Expands to Mongolia With Taxi Payment Service
13.12.2019
Terra is partnering with a Mongolian taxi company to let residents pay for rides using a stablecoin
Binance Adds 167 Fiat Payment Options Through Integration With P2P Exchange Paxful
12.12.2019
Binance has teamed up with peer-to-peer bitcoin exchange Paxful to enable users to purchase bitcoin with 167 fiat currencies
CBD Coffee Company Leverages Censorship-Resistant Nature of Crypto
11.12.2019
On December 8, the U.S.-based coffee firm that uses cannabidiol (CBD) in its product, Crazy Calm, launched a promotion that aims to send $5 per order to the charity EatBCH. The founder of Crazy Calm, Matt Aaron, also detailed that the startup wanted to leverage the payment processor Shopify but...
New Blockchain-based Vajra Platform Announced by NPCI: A Move Towards Improving Payment Systems
10.12.2019
Blockchain has been creating quite a stir across all sectors of industries in India since its inception. Based on the number of patents in the blockchain space, India stands 6th on the list. As such, blockchain is still in its budding stage, but Bitcoin has become quite popular in the Indian...
Buy Presents or a Christmas Trip Using Gift Cards Purchased With Crypto
8.12.2019
Gift cards have become a popular payment tool for cryptocurrency users. Plenty of platforms now offer a wide variety of cards which can be purchased with your digital coins. You can use them to buy just about any product or service from major and small retailers, order food and drinks, or book...
The Future of Money and the Payment System
5.12.2019
Source: a video screenshot, YouTube, Bloomberg Markets and Finance
This is a lecture by Agustín Carstens, General Manager of the Bank for International Settlements, held at Princeton University, Princeton, New Jersey, USA, on December 5, 2019.
Main highlights:
(Read the whole text...
Russia Reportedly Considers Ban on Using Crypto as Means of Payment
29.11.2019
Sources have claimed Russia is considering the introduction of a ban on the use of crypto to pay for goods and services
Cardano’s Payment Gateway for Merchants Is Now Live
29.11.2019
The Cardano Foundation launches ADA payment gateway, allowing merchants to accept payments in ADA with settlement in 35 fiat currencies