Category: Payments
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Lightning Network Exploits Continue to Hinder the Bitcoin Scaling Solution
While bitcoin has run-up to all new price highs in 2020, a great number of crypto supporters have been complaining about the mempool backlog and the high fees needed to send a transaction. Meanwhile, the Lightning Network is far from seeing widespread adoption, and a number of attack vectors have been revealed this year. At…
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Circle CEO Jeremy Allaire seems to already be using PayPal to buy Bitcoin
The CEO tweeted a screenshot of an apparent $100 purchase of Bitcoin using the service well ahead of its official rollout date.
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Cambodia launches inter-banking platform that runs on blockchain
But don’t call it a CBDC, says central bank reps.
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Visa’s foray into fintech provokes DoJ antitrust investigation
U.S. authorities want information from Bain & Co about Visa’s Plaid acquisition.
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Mastercard CEO is bearish on Bitcoin, but sees growth for CBDCs
Ajay Banga, CEO of global payments and card technology firm Mastercard, is not sold on the Bitcoin promise of banking the unbanked individuals, he said in an interview with Fortune yesterday. Mastercard processes billions of dollars in daily transactions around the world and is present in over 110 countries. The firm does provide fiat on-ramps…
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Former Visa exec joins Crypto.com to drive Latin American market
Traditional finance execs are increasingly moving into crypto positions.
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PayPal’s baby steps into crypto aren’t dampening the hype for adoption
While crypto firms have been trying to build the crypto equivalent of PayPal, the company itself will soon enter the industry.
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Indian bank to offer crypto services across its 34 branches
For the first time, Indians will be able to take out a loan against cryptocurrencies.