Having problems with payments around Christmas can be frustrating, especially for those who leave gift buying till the last minute. With calmer markets this holiday season, the crypto ecosystem has been operating relatively smoothly, with few exceptions. The fiat world, however, saw some glitches that affected card payments in particular. Also read: New Ukrainian Law...Read More
It has been a while since BitPay surprised the cryptocurrency industry. In a new turn of events, the company is looking to step up its commerce game by removing volatility whenever possible. The press release confirms BitPay will begin offering stablecoin payments for both merchants and consumers all over the world. BitPay Favors Non-USDT Stablecoins...Read More
The financial regulator of Hong Kong – which is the Securities and Futures Commission (SFC) is set to publish a new set of regulations for Bitcoin (BTC) as well as cryptocurrency exchanges. As the news show, the Hong Kong regulator will make the changes – something that first emerged in a report on Reuters led...Read More
A real estate developer managed to sell a $15.3 million condo in New York for Bitcoin. The transaction was carried out using Bitpay and Starr and, according to the developer, it was “seamless.” This highlights Bitcoin as a viable alternative to fiat transactions and it’s far from being the only serious real estate deal cut...Read More
The Hong Kong Free Press, a media and news outfit based out of Hong Kong, has changed its payment processor. In an official tweet published earlier today, October 11, 2019, the media outlet announced that it would be replacing popular cryptocurrency payment gateway BitPay with its competitor BTCPay, an open-source platform for receiving bitcoin payments....Read More
Bitcoin’s profile for wealth protection gains momentum in the media as Hong Kong Free Press dumps BitPay. Bitcoin’s (BTC) use as a protector of wealth is coming to the fore in Hong Kong as trading volumes spike and businesses iron out problems with acceptance. Trading record underscores Bitcoin’s “non-seizability” As multiple commentators including Morgan Creek...Read More
Last month it was reported that BitPay refused to accept bitcoin payments as donations for the Hong Kong Free Press (HKFP). The platform received a lot of flak at the time and the organization started looking for a replacement. Today it announced that it has found one. BitPay Loses Another Customer It was suggested that...Read More
Hong Kong Free Press (HKFP) has fired BitPay, a US-based bitcoin payment processing service, over non-service.The independent media firm announced today that it is going to replace BitPay with its rival BTCPay, an open-source alternative to pay merchants online via bitcoin. HKFP projected BTCPay as better service, stating that it would allow donators to remain...Read More
Ripple’s XRP token has gained more than 10% in just the last three days which has caused traders to turn bullish on the XRP/BTC pair. Ripple‘s XRP token has been one of the poorest performers in the top ten cryptocurrencies in the market. XRP has shed more than 60% of its market cap year-to-date. However,...Read More
An interesting partnership is in the works across the cryptocurrency industry. Leading payment processor BitPay is in negotiations with Ripple – through its Coil subsidiary – to officially support XRP payments. That would mark a major milestone for both entities in this industry. It also shows there is a lot more to payments in this...Read More
One of the biggest blockchain payments provider BitPay, recently announced that they are going to add support for XRP later this year. The support for the third-largest cryptocurrency by market capitalization will most likely happen at the end of the year. Just recently, BitPay announced that they will add support for XRP later this year....Read More
Crypto payment processor BitPay will be expanding its list of supported coins with XRP, a top three crypto and the native coin of the Ripple Network. According to BitPay, the company has established a partnership with Ripple’s Xpring unit in order to implement XRP on its platform to allow businesses and merchants to support payments...Read More
Cryptocurrency advocates have recently discovered that Bitcoin Core (BTC) developers are planning to disable the payment protocol BIP70 supported by default in the Bitcoin Core version 0.19.0 client. According to developer discussions, full BIP70 support might be removed by version 0.20.0. Also read: How Merge Mining and Anchored Blockchain Projects Capitalize on Bitcoin’s Security Model...Read More
The proposed update release for the Bitcoin core client might pose a problem to cryptocurrency payment processor BitPay, as it might remove its payments addresses from the BTC network. BitPay currently uses the BIP70 payment address format. Other wallets and payment services have convinced most of their users to migrate to the BIP21 format. This...Read More
BitPay, one of the oldest services to bring Bitcoin payments to merchants, plans on unrolling Ethereum (ETH) gateways. Soon BitPay merchants will be able to accept Ether payments from #Ethereum users around the world: https://t.co/2nXIDhIN6y #ETH pic.twitter.com/IyqHnxpo1F — BitPay (@BitPay) September 16, 2019 Bitcoin Maximalists Unimpressed With BitPay The move, potentially diversifying crypto payments, immediately...Read More
BitPay users will be able to accept Ethereum for payments, store Ethereum in a BitPay wallet and get access to Ethereum on BitPay prepaid Visa cards. BitPay, one of the leading companies in the sphere of crypto payments, has announced support for Ethereum, which means that companies using BitPay for payment processing can now accept...Read More
This week has been all about Ethereum. Finally the second largest crypto asset on the planet appears to be moving without the influence of its big brother dictating things. ETH prices are on the up again today and the fundamentals keep improving.Ethereum Golden CrossIt has been another good day for Ethereum prices which have finally...Read More
While Bitcoin is inherently a decentralized technology, meaning that payments can be disintermediated and peer-to-peer, some services in the cryptocurrency ecosystem are subject to the issues that come with centralization. It seems that one of these services is BitPay, an Atlanta-based Bitcoin payments processor that is a firm behind a majority of cryptocurrency-enabled e-commerce. The...Read More
BitPay’s untimely ban comes during the unprecedented protests sweeping across Hong Kong. | Source REUTERS/Tyrone Siu Bitcoin payment processing platform BitPay has blocked payments to the Hong Kong Free Press (Hong Kong FP), according to the chief editor of the nonprofit press agency. Tom Grundy accused BitPay of sitting atop their funds for almost three...Read More
Bitcoin and cryptocurrency payment processor, BitPay, is about to face another wave of negative publicity. This time it has refused to transfer funds sent as bitcoin donations to Hong Kong Free Press. Bitcoin Donations Temporarily Suspended In an angry tweet, HKFP founder and editor-in-chief, Tom Grundy, informed supporters that cryptocurrency donations were temporarily suspended. The reason...Read More
Buying a new car is always a thrill. Purchasing a luxury vehicle, a roadster or a classic even more so. But such an enjoyable acquisition is usually accompanied by time consuming formalities. When all you want is to sit behind the wheel as soon as possible, these additional steps can be a nuisance for most...Read More
The Hurricane Dorian relief effort has teamed up with an unlikely ally in the Bahamas: Bitcoin, along with a helping hand from Coinbase. | Source: Wikimedia Commons (i), AP Photo / Gillian Flaccus (ii). Image Edited by CCN. The Hurricane Dorian relief effort has teamed up with an unlikely ally to help the Bahamas recover...Read More
Finding new use cases for Bitcoin as a payment method is a struggle. Most companies do not see merit in exploring this option now or in the future. Surprisingly, FanDuel is one of the service providers willing to take a chance. The company confirmed Bitcoin payments will go live very soon. Payments will be processed...Read More
The second-largest fantasy sports provider Fanduel has revealed customers can make deposits on the platform using cryptocurrency. Fanduel members can now top up their accounts with BCH or BTC via the digital currency payment provider Bitpay. Also Read: More Than 70 Projects and Applications Built Around Bitcoin Cash Fanduel Adds Bitcoin Payments via Bitpay Fantasy...Read More
Bitpay under fire after the crypto exchange denied helping raise funds for the saving of the Amazon Rainforest after the massive wildfires that destroyed it as we can read in all of the altcoin news reports these days. The bitcoin blocked donation has caused bitpay some headaches because the crypto community has trashed the exchange...Read More
Bitcoin wallet and block explorer Blockchain, which has more than 41 million users, has revealed today that now has BitPay integration. This new integration now enables Blockchain users to make Bitcoin transactions with any merchant that uses BitPay. “And today, spending crypto from your phone or online is even easier thanks to a new integration...Read More
A blocked Bitcoin donation to help the fight against the Amazon Rainforest fires has become the latest publicity headache for BitPay. BitPay Fails To Resolve BTC Freeze According to a social media exchange on August 23, the embattled cryptocurrency payment processor is facing fresh criticism after it failed to allow a $100,000 Bitcoin 00 donation...Read More
A luxury condominium complex in Orlando, Florida, is the latest firm to partner with BitPay to provide bitcoin payment processing for real estate transactions. Announced August 6, the Grove Resort & Water Park will accept bitcoin for purchases of their 878 resort-style condo residences. Yet, the relatively small update hides a larger story – BitPay...Read More
