Merchants

100 Merchants Can Now Trial Bitcoin’s Lightning Network Risk Free

5 days ago admin2 0
A few lucky merchants now have one less obstacle to accepting bitcoin payments via the Lightning Network. Revealed exclusively to CoinDesk, payment processing startup CoinGate is opening up a pilot program that will allow 100 merchants to trial a Lightning-enabled version of its service, one which taps into the open-source tech meant to make bitcoin Read More

Crypto Exchange Gemini Hires Former NYSE Tech Chief

1 week ago admin2 0
Cryptocurrency exchange Gemini has hired former New York Stock Exchange (NYSE) chief information officer Robert Cornish to serve as its first chief technology officer. The exchange, founded by investor-brothers Cameron and Tyler Winklevoss, announced Friday that Cornish would be in charge of Gemini’s technology team and strategy, according to a press release. Further, Cornish will Read More

Pharma Giant Merck Eyes Blockchain for Fighting Counterfeit Meds

3 weeks ago admin2 Comments Off on Pharma Giant Merck Eyes Blockchain for Fighting Counterfeit Meds
Pharmaceuticals giant Merck is seeking a patent for a way to use blockchain in order to track goods as they move through the supply chain. Published last Thursday and submitted in December 2016, the patent application outlines a method by which a blockchain could be used to store information about a physical object – in Read More

Robinhood CEO: It’s ‘Very Foolish’ to Rule Out Bitcoin

4 weeks ago admin2 Comments Off on Robinhood CEO: It’s ‘Very Foolish’ to Rule Out Bitcoin
More than a million people signed up to trade cryptocurrencies in the days after mobile trading app Robinhood first announced the feature, co-CEO Vlad Tenev at the Future of Fintech conference on Wednesday. The co-founder of the investing app and web platform was bullish on bitcoin despite the price declines seen over the last few Read More

Crypto Startup Wala Is Reaching Real Africans with Ethereum Micropayments

1 month ago admin2 Comments Off on Crypto Startup Wala Is Reaching Real Africans with Ethereum Micropayments
In several countries throughout Africa, citizens are spending an average of 27 cents to top up their mobile airtime, and they’re using a crypto token to do it. That might sound strange to many in the crypto industry, since the vision of today’s blockchains allowing the movement of millions of microtransactions across the globe has Read More

Leadership Shifts to Usher in New Era for Monero Cryptocurrency

2 months ago admin2 Comments Off on Leadership Shifts to Usher in New Era for Monero Cryptocurrency
Monero is gearing up to decentralize all over again. Since the cryptocurrency launched in 2014, its gregarious South African project lead, Riccardo “Fluffypony” Spagni, has become the project’s unofficial figurehead, in part because of lack of competition. Famed for its privacy, monero has attracted contributors who prefer anonymity. Yet Spagni’s business ventures, which include three crypto startups, Read More

A 17th Century Mansion Is Being Auctioned Off on a Blockchain

2 months ago admin2 Comments Off on A 17th Century Mansion Is Being Auctioned Off on a Blockchain
A 17th century Italian mansion is being auctioned on a blockchain. Announced Friday, Beverly Hills real estate brokerage Hilton & Hyland is partnering with blockchain startup Propy to auction the Palazzetto inside the Palazzo Albertoni Spinola, a mansion built between 1580 and 1616. The Unesco heritage site was designed by architect Giacomo Della Porta in Read More

A Bank In Argentina Is Now Using Bitcoin for Cross-Border Payments

2 months ago admin2 Comments Off on A Bank In Argentina Is Now Using Bitcoin for Cross-Border Payments
Argentina’s Banco Masventas has revealed that starting Monday it will enable customers to send cross-border payments using bitcoin. A partnership with Latin America-focused exchange startup Bitex, founded in 2014, the news finds the regional bank using bitcoin as a payments rail in international transactions as an alternative to Swift. Bitex chief marking officer Manuel Beaudroit told CoinDesk Read More

Reddit Is Hoping to Bring Back Bitcoin Payments, Looking At Ethereum and Litecoin Too

2 months ago admin2 Comments Off on Reddit Is Hoping to Bring Back Bitcoin Payments, Looking At Ethereum and Litecoin Too
The CTO of social media platform Reddit has revealed that the company is considering reinstating cryptocurrencies for payments, including bitcoin, ethereum, and litecoin. Speaking in an interview with Cheddar, Chris Slowe, the site’s chief technology officer, explained that it was down to high fees on the bitcoin network and a lack of time to update Read More

74 Beauty Clinics in Japan Now Accept Payments in BTC

3 months ago admin2 Comments Off on 74 Beauty Clinics in Japan Now Accept Payments in BTC
News This week the Japanese cryptocurrency exchange and payment processor, Bitflyer, announced its partnership with SBC Medical Group the parent company of the popular Shonan Beauty Clinic. The union between both firms means that 74 clinics nationwide will allow patients to settle their bills in cryptocurrency. Also read: Markets Update: BTC Price Jumps Over $1000 in Read More