Crypto continues its trek into the mainstream.
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.
New developments at the state level in the U.S. defined this week's regulatory news.2753
Libra gets another member as it strives to have 100 entities on board.3983
Wirex’s new Mastercard-supported card will be linked to 19 crypto and fiat currency accounts in the Wirex app.7470
A Nigerian business that had humble beginnings as an e-commerce startup is now offering Bitcoin payments to hundreds of thousands of people.2812
Crypto seems to thrive on remote work.2632
New money transmitter licensing promises to roll 40 states into a single exam and license.4127
The company's $117 million SEC-approved IPO is the first of its kind.5039
Crypto businesses are unsure how to react to new regulations in the Russian Federation.5449
The price of Bitcoin will be calculated depending on its current price on Bitpay and the delivery platform.5575
Is blockchain the solution in making payments more transparent and secure?7513
Latin American companies are looking towards crypto as an escape from the banking system.15263
Companies like Visa and Mastercard are taking an interest in crypto startups to drive growth, but does this challenge the fundamentals of crypto?10033
Crypto mining is allowed, but payout in crypto is prohibited.8191
Centrapay, a digital payment platform that serves KFC, Adidas, BP, and Carlton Draught has secured an investment from Coca-Cola Amatil for an undisclosed amount8048