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Payments News

Crypto downturn sees electricity consumption on Ethereum plunge by 50%

Samuel Wan · 23 hours ago · 2 min read

Coinbase introduces KYC rules for its Netherland users to comply with local legislation

Abdulrasaq Ariwoola · 2 days ago · 2 min read

BlockFi gets $250 million credit facility from FTX to support platform

BlockFi intends to use the proceeds of the $250 million credit facility to bolster its balance sheet and platform strength.

Jinia Shawdagor · 4 days ago · 1 min read

Price volatility strengthens public opinion against Bitcoin in El Salvador

Recent volatility has cast further doubt on the Bitcoin experiment, but El Salvador's risk exposure remain low.

Samuel Wan · 5 days ago · 2 min read

Babel Finance suspends withdrawals due to “unusual liquidity pressures”

The crypto finance provider is pausing withdrawals and redemptions in response to harsh market conditions.

Abdulrasaq Ariwoola · 1 week ago · 2 min read

Bitcoin uses 56x less energy than classical system

Calculations show that Bitcoin currently spends 56 times less energy than traditional monetary system, while Bitcoin Lightning is 194 Million times more energy efficient.

Zeynep Geylan · 1 week ago · 2 min read

BlockFi liquidates major counterparty after it fails to meet margin call

BlockFi CEO revealed that the company liquidated a major counterparty after it failed to meet a margin call on its overcollateralized loan.

Jinia Shawdagor · 1 week ago · 2 min read

Elon Musk advances support for integrated crypto payment system on Twitter

The CEO claims the move will allow for seamless transactions between users and make Twitter an everyday necessity.

Abdulrasaq Ariwoola · 1 week ago · 2 min read

Binance partners with Splyt to offer users ride-hailing services on its platform

The partnership will give users access to ride-hailing services and a chance to pay for the services in cryptocurrency.

Abdulrasaq Ariwoola · 2 weeks ago · 2 min read

Binance and TripleA partner for crypto payment option

Binance has scored a new partnership with Triple A as its new universal crypto payment gateway for its Binance Pay feature.

Oluwapelumi Adejumo · 2 weeks ago · 1 min read

Bitcoin of America increases ATMs across the U.S. by more than 30%

Bitcoin of America has increased its ATM count to more than 2,500 and added two new coins to the network.

Zeynep Geylan · 2 weeks ago · 2 min read

Tether has announced that it will launch USDT on the Tezos network

The popular stablecoin Tether has announced that they will be launching on the Tezos blockchain.

Anthony Clarke · 2 weeks ago · 2 min read

Report: 83% of US retailers think ‘digital currencies’ will become legal tender in 10 years

An overwhelming majority of Deloitte respondents believe that crypto payments would become prevalent in their industry within the next five years.

Oluwapelumi Adejumo · 2 weeks ago · 2 min read

PayPal launches crypto payment, transfer functionality for US users

U.S. based PayPal users are now able to transfer, send and receive Bitcoin, Ethereum, Bitcoin Cash and Litecoin from wallets and exchanges as many prominent companies turn towards crypto payments.

Zeynep Geylan · 3 weeks ago · 2 min read

Checkout.com starts offering merchants 24/7 settlements via USDC

Checkout.com’s stablecoin settlement solution supports USDC and will let merchants complete payments on weekends and holidays, something that is currently impossible with fiat currencies.

Jinia Shawdagor · 3 weeks ago · 2 min read

Crypto cannot fulfil ‘social role of money’ due to fragmentation: BIS

The inherent limitations of blockchains cause fragmentation, making cryptocurrencies unsuitable as payment mechanisms, a BIS report said.

Monica Noronha · 3 weeks ago · 2 min read

Edge

The fear and favoring of digital currencies

A Crypto.com survey of 3,000 people and 150 institutional investors showed that the road towards a cashless society will inevitably lead to digital currencies.

Andjela Radmilac · 3 weeks ago · 5 min read

Australian mayor suggests crypto as tax payment option

Gold Coast Mayor Tom Tate has revealed that the city could be open to accepting its taxes with cryptocurrencies like Bitcoin despite the volatile nature of the industry.

Oluwapelumi Adejumo · 3 weeks ago · 2 min read

The Bitcoin Lightning Network capacity has set an all-time high of 3,915 BTC

The Lightning Network reached a capacity of 3,915 BTC ($113 Million), a new all-time high for the Bitcoin Layer 2 network.

Anthony Clarke · 4 weeks ago · 2 min read

From boom to gloom, the crypto investors now unable to pay their tax bill

The wider crypto market downturn has investors, who didn't cash out when times were booming, panicked over how to meet tax obligations.

Samuel Wan · 4 weeks ago · 2 min read

Cardano founder steals the show at Congressional hearing on crypto regulation

Axie Infinity top NFT community in 112 countries

Celsius faces a potential short squeeze; $20M bounty out on info about possible attack

Ethereum to shutdown 3 testnets after Merge

FTX CEO Sam Bankman-Fried now single largest shareholder of Voyager Digital

Goldman Sachs looks to buy Celsius’ assets for $2B as it is advised to file for bankruptcy

SEC commissioner criticizes crypto bailouts as ECB president calls for staking regulations

Voyager Digital reduces withdrawal limits to $10,000 amid 3AC exposure risk

MATIC pumps 23% on launch of Polygon ID solution

Saddle Finance announces end of lock-up period for its $SDL token

Korea Blockchain Week to Hold First Live Event in Seoul After Covid Hiatus

NFTs Accessible to All with Launch of Fiat-Focused SIMBA Market

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Coinbase

MicroStrategy

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Charles Hoskinson

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Vitalik Buterin

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Payments News

BlockFi gets $250 million credit facility from FTX to support platform

Price volatility strengthens public opinion against Bitcoin in El Salvador

Babel Finance suspends withdrawals due to “unusual liquidity pressures”

Bitcoin uses 56x less energy than classical system

BlockFi liquidates major counterparty after it fails to meet margin call

Elon Musk advances support for integrated crypto payment system on Twitter

Binance partners with Splyt to offer users ride-hailing services on its platform

Binance and TripleA partner for crypto payment option

Bitcoin of America increases ATMs across the U.S. by more than 30%

Tether has announced that it will launch USDT on the Tezos network

Report: 83% of US retailers think ‘digital currencies’ will become legal tender in 10 years

PayPal launches crypto payment, transfer functionality for US users

Checkout.com starts offering merchants 24/7 settlements via USDC

Crypto cannot fulfil ‘social role of money’ due to fragmentation: BIS

The fear and favoring of digital currencies

Australian mayor suggests crypto as tax payment option

The Bitcoin Lightning Network capacity has set an all-time high of 3,915 BTC

From boom to gloom, the crypto investors now unable to pay their tax bill

BlockFi liquidates major counterparty after it fails to meet margin call

Binance and TripleA partner for crypto payment option

Bitcoin uses 56x less energy than classical system

Babel Finance suspends withdrawals due to “unusual liquidity pressures”

PayPal launches crypto payment, transfer functionality for US users

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