Payments

Coinbase

Coinbase Becomes First ‘Pure’ Crypto Firm Approved as Visa Principal Member

The San Francisco-based cryptocurrency exchange will have the power to issue payment cards thanks to its new status.

Business  ·  19 February 2020
Markets

Speculation Undermines Crypto Prices and Utility, Says Bank of England Senior Economist

Speculation clogs up blockchains, making them harder to use and ultimately less valuable, a working paper suggests.

Markets  ·  17 February 2020
Payments

Coinbase Commerce Integrates Dai Cryptocurrency for Merchant Payments

This is the first new cryptocurrency added by Coinbase Commerce since it added USDC in May 2019.

Business  ·  14 February 2020
Exchanges

Binance Adds 15 Fiat Currencies as Exchange Pushes Global Expansion

The new fiat funding options come via the exchange's integration with Israeli payments processor Simplex.

Markets  ·  14 February 2020
Hires

Santander Hires Former Apple Pay Exec to Lead P2P Payments

Santander's new hire, Trish Burgess, formerly helped lead the launches of Apple Card and Apple Pay.

Business  ·  13 February 2020
Lightning Network

Top Bitcoin Developers Face Off in a Lightning-Powered Boxing Match

The esports smackdown was meant to highlight the power of bitcoin's lightning network – since the cutting-edge payments system is fast, cheap and lets users send tiny payments, even a fraction of a cent.

Tech  ·  11 February 2020
BitPay

BitPay Launches In-Store Crypto Payments With New POS Partnership

The crypto payments provider is now taking its service into bricks-and-mortar stores with a new point-of-sale partnership.

Business  ·  11 February 2020
Bitcoin

Why Cypherpunk Witches Love Bitcoin

Cryptocurrency lets modern-day witches transact beyond the grasp of restrictive e-commerce platforms.

People  ·  10 February 2020
Funding Rounds

Paystand Raises $20M to Be Blockchain-Based ‘Venmo’ for Commercial Payments

The firm offers a platform using blockchain tech to automate commercial payments.

Business  ·  7 February 2020
Lightning Network

Lightning Labs Raises $10M Series A to Be the ‘Visa’ of Bitcoin

Lightning Labs has raised $10 million in Series A financing as it gears up to launch its first paid service for merchants accepting bitcoin payments.

Business  ·  5 February 2020
XRP

Intermex Partners With Ripple for XRP-Based Remittance Corridor

Intermex has said it will use use RippleNet for its U.S.-Mexican remittance corridor.

Business  ·  5 February 2020
Payments

MIT Develops ‘Spider’ Tech to Enable More Efficient Off-Chain Crypto Transactions

The researchers say their new routing scheme can help avoid congestion on off-chain cryptocurrency networks.

Tech  ·  3 February 2020
Bitcoin Payments

Bitcoin Usage Among Merchants Is Up, According to Data From Coinbase and BitPay

Although bitcoin adoption may move at a glacial pace, merchants are seeing sustained traction regardless of market dips.

Business  ·  3 February 2020
Lightning Network

Zap’s New Product Lets Merchants Take Dollars Over Lightning Network

"Merchants can accept bitcoin and lightning payments with the same infrastructure, except they never touch the asset," explained Zap founder Jack Mallers.

Business  ·  30 January 2020
FCA

UK Financial Service Provider to Coinbase, Bitstamp Awarded FCA Payments License

A company that provides payment services for cryptocurrency companies including Coinbase, Bitstamp and Galaxy Digital has been awarded a license by the U.K.'s Financial Conduct Authority (FCA).

Policy & regulation  ·  29 January 2020