Ripple and Coinbase-backed cryptocurrency exchange Bitso has topped Argentina’s crypto market in the six months after launch.
Bitcoin, as any other type of money, is able to act as a means of payment. Bitcoin payments are supposed to be fast, secure and private, but there are some complications. Since every Bitcoin transaction must be recorded in the blockchain, the growing amount of strain on the network has resulted in transactions taking nearly four days to complete. As miners are paid with the fees from recording transactions, larger fees could help speed up your transaction, but this makes it unreasonable to pay with Bitcoin for small purchases, which are always the majority of transactions. These problems resulted in a hard fork and the establishment of Bitcoin cash, which is much faster and cheaper for payments. Other cryptocurrencies were made as an alternative for Bitcoin payments, by storing them in public blockchains or by getting rid of established mining pools, possibly resulting in the ability to double-spend a Bitcoin, if a successful 51% attack is performed.
Booking volumes on the Binance-backed travel booking platform dropped by 90% during the coronavirus pandemic.2522
Expedia now allows its over 700,000 accommodations to be booked with cryptocurrency through crypto travel platform Travala.com.8089
Are traditional business enterprises ready to embrace a blockchain-based payments network? Maybe not, according to two research reports.15524
Despite Brazilian regulators lifting a suspension on WhatsApp’s payments, the country’s central bank is still blocking the launch.3128
OKCoin's COO said a PayPal crypto listing would give the industry vast exposure.3639
As PayPal is rumored to join the crypto game, what will it mean for the industry and the price of Bitcoin and Ether?10665
As the crypto community’s anticipation for PayPal’s exploration into crypto grows, Pundi X has integrated the payments processor for its point-of-sale devices.8855
New service from Bitcoin.com lets users send Bitcoin Cash to anyone with an email — something Roger Ver believes this is no longer feasible with Bitcoin.4239
Australians can deposit money for a local Bitcoin exchange at the post office.23260
The leading global central bank institution has published new research on central bank digital currencies, noting a major shift in their direction thanks to Libra as well as COVID-19.7323
The Bank for International Settlements expects the COVID-19 crisis’ impact on retail payments to have a positive effect on central bank digital currency development.3535
WhatsApp’s payment features have been suspended in Brazil less than one month after the Facebook-owned app rolled them out.6229
According to CEO Adam Traidman, SBI Ripple Asia is conducting trial and pilot projects in Asia for Ripple’s On-Demand Liquidity.12624
There are two public-facing job listings for crypto pros to go to work for PayPal.28146