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BITCOIN PRICE: 3,264.41     HIGH: 3,420.01     LOW: 3,200.00

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Blockchain Day Emirates • December 15, 2018

Blockchain Day Emirates – is an event that brings together the world’s leading visionaries, innovators, and thinkers to explore new…

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Tag: payments

OneGold Partners with BitPay to Enable it Accept Cryptocurrency Payments for its Precious Metals

Category: Altcoins, Bitcoin, Business, Development, News

OneGold Partners with BitPay to Enable it Accept Cryptocurrency Payments for its Precious Metals

OneGold, an online marketplace that makes it possible for people to buy, sell, store, and redeem precious metals, has joined forces with BitPay, a leading Bitcoin payments processor, to enable it access bitcoin (BTC) and bitcoin cash (BCH) payments for its products, according to a press release on December 11, 2018. Bitcoin for Gold and Silver Established by APMEX and…

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Analysis: Cryptocurrency Point of Sales (PoS) Platforms Could Fuel Global Crypto Adoption

Category: Adoption, Altcoins, Bitcoin, Business, Finance, News

Analysis: Cryptocurrency Point of Sales (PoS) Platforms Could Fuel Global Crypto Adoption

While the cryptocurrency markets bull run of 2017 succeeded in bringing digital assets global consciousness, the rollercoaster ride did very little to increase meaningful adoption, as most holders bought bitcoin and other cryptoassets for only speculative purposes and not for payments. However, with the bears fully in charge and volatility drastically reduced, cryptoassets are slowly but steadily beginning to function…

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UK MP: “Taxes Could Be Paid in Cryptocurrency”

Category: Adoption, Bitcoin, Business, Finance, News

UK MP: “Taxes Could Be Paid in Cryptocurrency”

On December 10, 2018, a UK Member of Parliament (MP) spoke out in favor of cryptocurrencies, calling for colleagues to educate themselves further on the technology and, suggested they could be used to pay taxes. Pro-Crypto MP According to an article published by UK media outlet the Daily Express, Eddie Hughes, an MP belonging to the Conservative party, who are…

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Zooko from ZCash Urges Community to Donate to AirDropVenezuela

Category: Adoption, Altcoins, Bitcoin, Business, News, wallet

Zooko from ZCash Urges Community to Donate to AirDropVenezuela

On December 10, 2018, the co-founder of privacy-oriented cryptocurrency ZCash asked community members to participate in AirdropVenezuela. The charitable venue promises to raise $1,000,000 to support 100,000 Venezuelan citizens as well as promote adoption of the cryptocurrency wallet Airtm. Cryptocurrencies Greatest Use Case Following the mass of reports regarding hyperinflation and the mismanagement of a resource-rich country, Venezuela has been…

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Grin Implementation of MimbleWimble Looks to Improve Bitcoin Privacy and Scalability

Category: Bitcoin, Blockchain, Cryptocyclopedia, Tech

Grin Implementation of MimbleWimble Looks to Improve Bitcoin Privacy and Scalability

Whenever commentators speak about cryptocurrencies and blockchain, a recurring theme is privacy. This feature is becoming more and more growing population wish their information to be available onto a public ledger that accessible by governments, regulators or even close-knit associates like family and friends. Bitcoin’s Relationship with Privacy (or Lack Thereof) Initially, when Bitcoin came to existence, it was a…

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Open Source Project Allows e-Bike Rentals in Seconds over Bitcoin’s Lightning Network

Category: Bitcoin, Blockchain, Cryptocyclopedia, News, Tech

Open Source Project Allows e-Bike Rentals in Seconds over Bitcoin’s Lightning Network

Matthias Steinig, a German programmer, has developed a new mechanism that allows e-bikes to be rented in exchange for payments on the bitcoin Lightning Network. A prototype built using a modified bicycle is already fully functional and has been demonstrated in a video posted on Twitter. The Lightning Bike The project involves a device connected to the bike that controls…

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The U.S. DFS Approves Digital Payment Platform for Commercial Banking Transactions

Category: Adoption, Altcoins, Blockchain, Business, Finance, News, Regulation

The U.S. DFS Approves Digital Payment Platform for Commercial Banking Transactions

Maria T. Vullo, the Financial Services Superintendent, announced on December 4, 2018, that the Department of Financial Services (DFS) had approved Signet, the New York State-Chartered Signature Bank’s new digital payment platform. Signet: Innovative Solutions for Bank Payment Systems According to the DFS’ press release, Signature Bank is the first bank to receive regulatory permission to use blockchain technology in…

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OpenNode: Bitcoin’s Lightning Network’s Own “PayPal”

Category: Bitcoin, Blockchain, Business, Cryptocyclopedia, Development, Finance, News

OpenNode: Bitcoin’s Lightning Network’s Own “PayPal”

Bitcoin had a steady start as a medium of exchange and has slowly begun challenging the hundreds of decades-old fiat money system. Businesses are now moving towards developing systems which could aid the further adoption of the pioneer cryptocurrency over fiat. Bitcoin Payment Processing: An Introduction To explain in brief, bitcoin payments processing means to provide tools and services which…

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LightningHood Website Features Promising Projects and Resources for Lightning Network

Category: Bitcoin, Development, News, Platform, Tech

LightningHood Website Features Promising Projects and Resources for Lightning Network

Bitcoin and Lightning Network enthusiasts recently launched a website dedicated to featuring projects supporting the speedy second layer solution. According to the LightningHood’s Medium blog post, published on December 2, 2018, LightningHood is keen to help the growing community by providing everyone in the ecosystem access to resources such as developers, Lapps, and nodes, and recognize the people working to…

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Canadian Payments Startup Glance Rolls out “Pay With Bitcoin” Feature Across all Merchants

Category: Adoption, Bitcoin, Business, Finance, News, Platform

Canadian Payments Startup Glance Rolls out “Pay With Bitcoin” Feature Across all Merchants

Canadian payments company Glance has announced that its users will now be able to use Bitcoin as a payment method across all existing merchants and services. In a press release issued November 29, 2018, the company explained that the new feature will be called “Pay With Bitcoin.” Despite the name, however, Glance’s solution differs from traditional cryptocurrency-based payment processors. Converting to…

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