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Loyalty Live: Blockchain & Loyalty Rewards Conference • October 16-18, 2018

Loyalty Live is the first conference in the world focused on bridging the gap between loyalty rewards and blockchain technology.…

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Tag: payments

Ripple Co-founder Chris Larsen Becomes 383rd Richest Person in the World on Forbes Ranking

Category: Altcoins, Blockchain, Business, Investment, News, Regulation

Ripple Co-founder Chris Larsen Becomes 383rd Richest Person in the World on Forbes Ranking

Ripple co-founder Chris Larsen has made a crypto milestone as the first ever billionaire with a fortune gathered exclusively from cryptocurrency-related activity to enter the Forbes 400 list. According to an October 4, 2018 report in Business Insider, Larsen was ranked by Forbes at number 383 on the list with a total net worth just north of $2 billion. Breaking…

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Coinbase Implements “Child Pays for Parent” Protocol to Mitigate Bitcoin Fees

Category: Bitcoin, Blockchain, News

Coinbase Implements “Child Pays for Parent” Protocol to Mitigate Bitcoin Fees

In a Medium post published October 2, 2018, Coinbase explained why their engineering team is taking another look at the established Child Pays for Parent technique to make sending and receiving bitcoin a more consistent experience. Bitcoin Fees Are a Double-Edged Sword While Bitcoin transaction fees are significantly lower than most traditional methods of cross-border payments, the price added to…

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Coca Cola Vending Machine Accepts Bitcoin Payments via Lightning Network

Category: Bitcoin, Blockchain, News, Platform, Tech

Coca Cola Vending Machine Accepts Bitcoin Payments via Lightning Network

Technology and cryptocurrency enthusiast, Ricardo Reis has developed a vending machine that refills your bottle or glass when a bitcoin payment is received, as per a tweet published September 30, 2018, 2018.  The Brazilian hardware hacker used everyday electronics and tools like a Raspberry Pi, water pump, a touch screen, some wood, and basic programming knowledge to build the machine. He…

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Beijing Sci-Tech Report Accepts Bitcoin as Payment

Category: Adoption, Bitcoin, Business, Finance, News

Beijing Sci-Tech Report Accepts Bitcoin as Payment

While China continues to clamp down on cryptocurrencies, the nation’s oldest science and technology publication, Beijing Sci-Tech Report (BSTR), is accepting bitcoin for its 2019 subscription. According to an Asia Times article published on October 1, 2018, the BSTR began accepting cryptocurrencies because it wanted to promote blockchain technology and the use of cryptocurrencies in a practical way. First Media…

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WCDC Unveils new Dawn for Crypto Payments

Category: Press Releases

WCDC Unveils new Dawn for Crypto Payments

Wouldn’t it be amazing if we could pay for all of our essential needs whenever, however, and most importantly wherever we want to? Believe it or not, cryptocurrency, like Bitcoin or Ethereum, has the potential to give easy access to money when shopping at home or abroad. It is currency after all and was developed for the everyday use of…

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Samourai Wallet Update Welcomes International Users and Bids “Adieu” to Fiat Listing

Category: Bitcoin, Blockchain, Exchange, Finance, News, Platform, Tech, wallet

Samourai Wallet Update Welcomes International Users and Bids “Adieu” to Fiat Listing

The controversial privacy-centric cryptocurrency wallet Samourai announced an updated version of their services on September 28, 2018. Samourai wallet update 0.98.87 included two primary features: Translations into Chinese and French, and the omission of a fiat listing. It was the latter adjustment, however, that began a fierce debate within the community. The central intrigue of the discussion provides a philosophical…

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Lightning Tasks Allows you to Earn Bitcoin for Completing Micro Tasks

Category: Adoption, Bitcoin, Blockchain, Cryptocyclopedia, Development

Lightning Tasks Allows you to Earn Bitcoin for Completing Micro Tasks

Developers have created a new proof of concept website based on Bitcoin’s Lightning Network to showcase how small-scale payments can be completed near instantly. Showcased at the premier bitcoin conference, Baltic Honeybadger 2018 in Latvia, Lightning Tasks allows anyone to earn a few satoshis by completing simple tasks. The official video demo involves the user transcripting text from a picture….

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Crypto-friendly Dubai Launch Blockchain-Powered Payments Processing and Settlement System

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

Crypto-friendly Dubai Launch Blockchain-Powered Payments Processing and Settlement System

Smart Dubai Office in collaboration with the Dubai Department of Finance have created a distributed ledger technology (DLT) based payments processing, settlements, and reconciliation platform aimed at upgrading the financial system to enable real-time, cost-efficient, and frictionless payments processing, reported Thomson Reuters Zawya on September 23, 2018. Dubai Adopts Blockchain Technology Smart Dubai Office, the technology arm of Smart Dubai…

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Stripe Co-Founder Sees Potential in Cryptocurrencies Despite Dropping Bitcoin

Category: Exchange, Finance, Investment, News, Tech

Stripe Co-Founder Sees Potential in Cryptocurrencies Despite Dropping Bitcoin

Stripe, the San Francisco based company that became the first major online payments platform to accept Bitcoin has ditched the token due to its high volatility. However, its co-founder John Collison still sees future for cryptocurrencies, Recode reported on September 17. Giving up on Bitcoin For years, Stripe has been synonymous in the startup world with online payments. But it…

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The 21-Day Bitcoin Challenge: Can you Survive on Nothing but Cryptocurrencies in China?

Category: Bitcoin, Business, News, Regulation

The 21-Day Bitcoin Challenge: Can you Survive on Nothing but Cryptocurrencies in China?

A Chinese Bitcoin enthusiast is currently filming her attempt to survive 21 days by living on nothing but bitcoin. A recent documentary shows her trying to retrieve food, housing, and necessities all through cryptocurrency transactions done on her phone. The cryptographic adventure is airing on iQiyi, China’s Netflix equivalent, TechCrunch reported on September 17. Social Experiment Amidst a Government Crackdown…

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