Bitpay Reports Processing Over $1 Billion Transactions in 2018

Popular cryptocurrency payment processor Bitpay has released figures showing that the company maintained strong performance during 2018, despite the downturn in the market. For example, while other ventures had to downsize recently, Bitpay’s staff increased by 78 percent from the previous year. Also Read: Binance Launches Euro and Pound Fiat-to-Crypto Platform in Jersey B2B Business…

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Atomic Swaps Are Coming to BTCPay This Year, Says Nicolas Dorier [Interview]

Bitcoinist caught up with Nicolas Dorier, a developer of open-source and self-hosted Bitcoin payment processor alternative, BTCPay, who spoke about upcoming features such as atomic swaps, and making BitPay obsolete for businesses that don’t care about handling bitcoin.  ‘Nothing is Unsolvable in the Long Run’ Bitcoinist: In August 2017, you posted one of the most…

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Onegold Customers Can Now Purchase Digital Bullion With Bitcoin

Online bullion marketplace Onegold announced on Tuesday that its customers can now purchase precious metals with bitcoin cash (BCH) and bitcoin core (BTC). Onegold’s digital silver and gold products are fully allocated physical metals stored at the Royal Canadian Mint and can be redeemed at any time through Apmex. Also read: Only Five Bitcoin Mining Devices Released…

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Companies In Ohio Can Pay Taxes With Bitcoin

The Office of the Ohio Treasurer wants to give Ohioans more options for paying certain types of taxes. Ohio is the first state in the nation to allow businesses to pay taxes using cryptocurrency, according to a November 26 press release from Ohio Treasurer Josh Mandel. The new initiative, championed by Mandel, went into effect…

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Crypto Payment Platform BitPay Introduces Settlement in Stablecoins

U.S.-based cryptocurrency payment processor BitPay has started accepting stablecoins, according to an announcement published Oct. 15. The company now allows its merchants to receive settlements in Gemini Dollars (GUSD) and Circle USD Coin (USDC). Founded in 2011 in Atlanta, Georgia, BitPay provides payment services with Bitcoin (BTC) and Bitcoin Cash (BCH) with a customer base…

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Bitcoin Payment Processor BitPay Introduces USDC and GUSD Stablecoin Settlements

Photo: BitPay / Twitter Stablecoins, or cryptocurrencies pegged to a stable asset, such as gold or fiat currencies, are causing numerous discussions. While crypto markets remain incredibly volatile and unpredictable by nature, stable coins were designed to remain the same. However, they can be prone to failure due to volatility and upkeep required in many cases. Tether(USDT), the largest stablecoin by market capitalization,…

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It 'Doesn't Work': Cryptocurrency Community Tells airBaltic To Ditch BitPay

BHB Network CEO Giacomo Zucco publicly urged Latvian airline airBaltic to replace BitPay as its Bitcoin payment processor September 5, claiming the company’s product “doesn’t work.” Zucco to airBaltic: Go Open Source In a tweet, Zucco — who has become known for his support of open source alternatives to overly-centralized services both within cryptocurrency and…

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BitPay Launches Bitcoin Cash Option for Merchants

Bitcoin payment services provider BitPay, a global leader in processing payments for merchants, has announced the much-awaited option of receiving settlement in the form of Bitcoin Cash. The news hasn’t had an effect on the price of the cryptocurrency as of yet, as BCH continues its downslope towards the $500 line. BitPay Responds to Merchant…

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CheapAir Sends Warning To Customers About Bitcoin Extortion Scam

Popular travel and accommodation website CheapAir.com mentioned in a blog post how they were threatened with a social media smear campaign demanding $10,000 in Bitcoin.  CheapAir.com is a well-known website for intrepid travelers, but it’s also achieved notoriety inside of the cryptocurrency world. The company was one of the first entities to accept Bitcoin 00, accepting…

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The Daily: Husbands Blackmailed for Bitcoin, Blockchain This and That

Scammers are threatening to reveal cheating husbands to their wives and asking for bitcoin ransom – check the details in this edition of The Daily. A porn streaming website now rewards its users with tokens, and hair sprays are sold for BTC and BCH. Also, find out what Brits think about blockchain and learn about…

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Tom Lee’s Market Research Firm Fundstrat Adds Bitcoin as Payment Method

Fundstrat Global Advisors, market strategy and research provider, announced the firm will start accepting Bitcoin (BTC) for content via Bitpay, according to a press release shared with Cointelegraph July 31. In what the company claims is a first for research firms, Fundstrat has added Bitcoin payments to its platform via payment operator BitPay, which processed…

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Check Which Coins You Can Spend With Debit Cards and Why Upcoming Fuzex Chooses BCH

Recently, we covered some of the most popular debit cards used for crypto payments and we’d like to tell you more about the cryptocurrencies they support. Most of these cards are issued by well-known names in the space, but a new project is now offering you fast and cheap transactions with BCH – a feature…

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BitPay, Coinbase or Others: Can Anybody Replace Visa?

The issue of transition to decentralised payment networks was raised again last week. On June 1, Visa, which usually processes more than 150 mln transactions daily, suddenly failed. Millions of people in the UK and Europe were unable to pay for goods or services, and Visa payments were also disrupted for US residents. Several hours…

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New Bitpay innovation: App for payment, storage and purchasing

BitPay, payment provider for Bitcoin digital currency, launched another innovative app with features for making payments, buying and storage. This is another addition to the collection of BitPay’s tools for merchant payment. At present, BitPay.com is a payment processor that helps merchants set up their own gateways for digital currency transactions. With this platform, business…

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Florida Tax Collector To Accept Cryptocurrencies For Tax Payment

Seminole County, Florida will soon accept cryptocurrency payments for various services. In an announcement made on Monday, Seminole County tax collector Joel Greenberg said the county will begin accepting bitcoin and Bitcoin Cash to pay for services, including property tax, driver license and ID card fee, tags and titles, starting this summer. “We live in…

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BitPay Adds Bitcoin Cash to its Payments Offer

BitPay announced an update to its checkout app that will include the much-anticipated addition of Bitcoin Cash to its interface. Checkout counters in stores using BitPay are about to get a massive upgrade after the company decided to add Bitcoin Cash to its payment options for customers. Until now, the only option customers and stores…

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Bitcoin Merchant Adoption Might Just Be Accelerating In Asia

Bitcoin isn’t for payments? While that may be the popular narrative of late, don’t tell that to Bellatorra Skin Care, a luxury brand that has found the opposite as it’s expanded internationally into markets such as China and India. Not only is bitcoin (which has seen years of declining interest from merchants as the network bumped…

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Retail Giant Newegg Extends Bitcoin Payment Option To Canada

Computer hardware retailer Newegg has announced that it is expanding its bitcoin payment option to Canada. Canadian customers can now shop Newegg’s complete portfolio of products using the cryptocurrency. Founded in 2001, Newegg offers its more than 36 million registered users a comprehensive selection of the latest consumer electronics, entertainment, smart home and gaming products….

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Newegg Extends Bitcoin Payment Option to Customers From Canada 

Newegg, a leading online retailer of computer hardware and consumer electronics in North America, announced that is accepting bitcoin from Canada customers. Newegg Accepts Bitcoin From Customers in Canada The company started accepting bitcoin payments from its U.S. customers in August 2014, but the cryptocurrency market has grown into a trendy asset class since then. The bitcoin option used to represent only a small stream of…

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'Gold Bug' Peter Schiff's Company Now Accepts Bitcoin Cash

This week the bitcoin cash community was surprised to hear that the infamous ‘gold bug’ Peter Schiff is now accepting bitcoin cash, joining a number of precious metals businesses that accept BCH.  Also Read: Study: 70% of Crypto Exchanges Allow Weak Passwords The Guy Who Calls the Bitcoin Economy ‘Digital Beanie Babies’ Now Accepts Bitcoin Cash The…

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