Category: Payments
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Zap Announces $3.5 Million Seed Round
Lightning wallet provider Zap today formally announced a $3.5 million seed round fundraise from investors including Morgan Creek Digital and CMT Digital. The announcement follows recent news that Zap opened its Strike application to public beta and that it had joined Visa’s Fast Track Program to create a debit card, expected to launch by the…
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Bitcoin Has American Mindshare but Few Users
The results from the Federal Reserve’s annual Survey of Consumer Choice are in: Most people know of bitcoin, few are using it.
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Bitpay Has ‘No Current Plans’ to Support Liquid or the Lightning Network
According to Bitpay’s Chief Marketing Officer, Bill Zielke, onchain bitcoin payments still rule the roost as far as payments are concerned. Zielke detailed that at least in the near future, Bitpay won’t be supporting the Lightning Network or Blockstream’s Liquid project. Liquid or the Lightning Network Not on the Roadmap The top cryptocurrency payment processor…
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OKCoin Grants $100,000 to BTCPay Server Toward Its Open-Source Development
Today, San Francisco-based cryptocurrency exchange OKCoin announced a $100,000 donation to open-source bitcoin payment processor project BTCPay Server. The funding comes as part of the OKCoin Independent Developer Grant, which was launched last year. BTCPay Server’s product is free to use and its dependent on such contributions to continue operations. “Supporting infrastructure projects is key…
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Demo’ing the Best of Bitcoin During the Halving
Bitcoin Magazine’s BitcoinHalving.com 21-hour live stream was a celebration of programmable scarcity during Bitcoin’s third-ever subsidy halving. It brought panel discussions, fireside chats, technical analysis, banter, memes, music and an unforgettable decentralized countdown to Bitcoin’s global community and beyond. Among the diverse pieces of content presented were firsthand demonstrations from some of Bitcoin’s most active…
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Combining Convenience and Security, TenX Is Expanding Bitcoin Usability
This is a sponsored article provided by TenX. Ever since it was introduced in Satoshi Nakamoto’s 2008 white paper, bitcoin has had yearning potential to be used regularly around the world for everyday purchases. It has built-in capability to make purchases faster, more secure and more convenient, but a lack of widespread infrastructure and adoption…
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Wanchain-backed FinNexus expands to XRP Ledger for tokenizing real-world assets
DeFi platform FinNexus and crypto exchange Bitrue announced on April 27 their joint initiative to incorporate asset tokenization services on Ripple’s XRP ledger platform and the Wanchain blockchain. Interoperable services on XRP The announcement points out the lack of asset-backed tokens in the broader cryptocurrency market, a gap that DeFi services like FinNexus aim to…
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StormX introduces rewards program, users get 87.5% crypto back on purchases
StormX, a gamified microtask platform that allows users to earn cryptocurrencies, has announced the launch of its rewards program. In a press release shared with CryptoSlate, the company said that STORM token holders will be able to earn up to 87.5 percent back on their purchases, alongside a 21 percent cash back when buying from…
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3 Debit Cards Nigerians Can Use to Spend Cryptocurrencies in Stores and Online
Options to acquire cryptocurrencies in Nigeria have been growing in number, along with increasing interest in bitcoin. Nigerians are also starting to see more opportunities to spend their coins in brick and mortar stores and at online merchants. Three crypto debit cards are now available to the residents of the African nation which is also…
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PayPal’s Financial Crimes Division Is Seeking a Blockchain Expert
The payments giant is seeking a blockchain expert to help identify use cases for the tech in the prevention of financial crimes.