Merchants

New Italian Fintech Startup Bitsa Adds XMR Support to Its Prepaid Card

Italy’s new crypto-powered debit card supplier Bitsa has just expanded its prepaid card with major privacy-focused altcoin Monero (XMR). By enabling Monero support on its Bitsa Card, the company unclocks “all types” of XMR-based card transactions in physical stores and online, including card-to-card transfers and Monero conversion to euro (EUR), Bitsa announced on Feb. 21. …

New Italian Fintech Startup Bitsa Adds XMR Support to Its Prepaid Card Read More »

Curious About Bitcoin, Nigerians See Increasing Opportunities to Buy and Spend Cryptocurrencies

</header> <strong>Higher prices since the start of the year have been restoring popular interest in cryptocurrencies. Google searches for “bitcoin” have increased since December to about half of those registered in June last year. There’s one country that sticks out as a benchmark for the indicator. Nigeria has consistently topped the chart in the past …

Curious About Bitcoin, Nigerians See Increasing Opportunities to Buy and Spend Cryptocurrencies Read More »

Bitpay Partnership With Poynt Enables Crypto Payments at 100,000 Point-of-Sale Devices

</header> <strong>On February 11, the Atlanta-based payment processor Bitpay announced the firm’s recent partnership with the company Poynt. Now retailers will be able to support cryptocurrency payments using point-of-sale devices and crypto users will be able to pay with digital currencies at more than 100,000 Poynt retailers worldwide.</strong> Also Read: Ethereum vs Tron: Comparing Data, …

Bitpay Partnership With Poynt Enables Crypto Payments at 100,000 Point-of-Sale Devices Read More »

Cambodia Announces State Cryptocurrency as More Details Surface About China’s Digital Yuan

</header> <strong>With China still in the lead, other countries are advancing their projects to develop payment systems around central bank digital currencies (CBDCs). Cambodia, for example, has recently revealed it will mint its own coin within months. The news comes as more details about the digital Chinese yuan indicate its main purpose will be to …

Cambodia Announces State Cryptocurrency as More Details Surface About China’s Digital Yuan Read More »

How Dropgangs and Dead Drops Are Transforming Darknet Practices

</header> <strong>Since the creation of the Silk Road, authorities have waged a war against the online drug trade with a wave of surveillance and enforcement. However, crypto-anarchists are developing new ways to evade the state’s tentacles as the next technological phase started to emerge in late 2017. On Monday, the Cypherpunk Bitstream podcast discussed the …

How Dropgangs and Dead Drops Are Transforming Darknet Practices Read More »

Problems Escalate in Venezuela as Millions Rush to Spend Petros

</header> <strong>According to the Venezuelan government, millions of families have used the petro, the country’s national digital currency, to pay for goods and services. As shoppers rush to spend their coins, merchants are reportedly struggling, effectively forced to sell goods at a deep discount. A</strong><strong>t least one merchant is said to have been arrested.</strong> Also …

Problems Escalate in Venezuela as Millions Rush to Spend Petros Read More »

Travelbybit to Drop Bitcoin Payments After Viral Double Spend Video

</header> <strong>On December 18, Bitcoinbch.com published a video explaining how easy it is to double spend <a class=”lar-automated-link” href=”https://markets.bitcoin.com/crypto/BTC” target=”_blank” rel=”noopener noreferrer”>BTC</a> transactions in the wild. Not long after the film was released, the payment processor Travelbybit announced it would be removing both <a class=”lar-automated-link” href=”https://markets.bitcoin.com/crypto/BTC” target=”_blank” rel=”noopener noreferrer”>BTC</a> and <a class=”lar-automated-link” href=”https://markets.bitcoin.com/crypto/BCH” target=”_blank” rel=”noopener …

Travelbybit to Drop Bitcoin Payments After Viral Double Spend Video Read More »

Video Shows How Easy It Is to Double Spend BTC Using RBF

</header> <strong>On December 18, the web portal Bitcoinbch.com published an informal notice explaining that merchants accepting <a class=”lar-automated-link” href=”https://markets.bitcoin.com/crypto/BTC” target=”_blank” rel=”noopener noreferrer”>BTC</a> should switch to <a class=”lar-automated-link” href=”https://markets.bitcoin.com/crypto/BCH” target=”_blank” rel=”noopener noreferrer”>BCH</a> because of “dangerous flaws” found in the <a class=”lar-automated-link” href=”https://markets.bitcoin.com/crypto/BTC” target=”_blank” rel=”noopener noreferrer”>BTC</a> software. The problem is tied to slow confirmation times tethered to …

Video Shows How Easy It Is to Double Spend BTC Using RBF Read More »

Bitcoin Cash 2019: Year in Review

</header> <strong>2019 is coming to an end and the Bitcoin Cash (<a class=”lar-automated-link” href=”https://markets.bitcoin.com/crypto/BCH” target=”_blank” rel=”noopener noreferrer”>BCH</a>) ecosystem has matured a great deal. <a class=”lar-automated-link” href=”https://markets.bitcoin.com/crypto/BCH” target=”_blank” rel=”noopener noreferrer”>BCH</a> has successfully upgraded twice this year, adding Schnorr signatures capabilities and most transactions on the <a class=”lar-automated-link” href=”https://markets.bitcoin.com/crypto/BCH” target=”_blank” rel=”noopener noreferrer”>BCH</a> network are now non-malleable. Moreover, …

Bitcoin Cash 2019: Year in Review Read More »

Cardano’s Payment Gateway for Merchants Is Now Live

The Cardano Foundation, the firm behind the 12th biggest cryptocurrency Cardano (ADA), has launched AdaPay, an ADA payment gateway for merchants. Developed by the Cardano Foundation and enterprise-grade fintech platform Coti, the solution allows merchants to accept ADA payments with “near-instant” settlement in 35 fiat currencies directly in their bank accounts, the firm announced Nov. …

Cardano’s Payment Gateway for Merchants Is Now Live Read More »