credit card Archives - Page 10 of 29

Bitmain-Backed Platform Matrixport Enables Users to Buy Crypto With Credit Cards

April 28, 2020cashtechnews

Matrixport’s platform now allows users to buy crypto currencies directly through Visa and Mastercard. Bitmain-affiliated financial service platform Matrixport has teamed up with Simplex, an EU-licensed payments processing firm, to allow users to purchase select cryptocurrencies using their credit and debit cards. Matrixport users can buy seven cryptocurrencies with most popular fiat currencies As part […]

Tim Draper Doubles Down on His $250k BTC Prediction

April 27, 2020cashtechnews

If Bitcoin does not hit $250,000 by early 2023, Tim Draper jokingly says he’ll eat a raw egg. Speaking at Virtual Blockchain Week, famed venture capitalist Tim Draper confirmed that he is sticking to his six-figure Bitcoin (BTC) price prediction. Back in 2018, Tim Draper made a bold public call that the price of Bitcoin […]

Crypto Joins the Zoom Monetization Call, Blockchain Addresses Key Issues

April 27, 2020cashtechnews

Zoom incorporates a cryptocurrency paywall solution while the use of blockchain technology for video conference is being debated. As staying home becomes the new normal, the popular video conferencing app Zoom continues to flourish. Despite multiple privacy concerns, on April 21, it was reported that more than 300 million people used Zoom’s flagship video conferencing […]

Coupon Industry and DLT: E-Commerce Grows With World Cooped Up at Home

April 25, 2020cashtechnews

Distributed ledger technology is being leveraged by the coupon industry to provide transparency for the digital coupon market. Coupons, typically thought of as pieces of paper used at grocery stores to redeem discounts, have gained traction throughout the years. It’s been noted that coupons were first used in the mid-1890s by Coca-Cola. Since then, the […]

One-Man Crypto Company Crushed by Netherlands’ AMLD5 Implementation

April 24, 2020cashtechnews

A one-man crypto savings platform has announced it will cease operating amid Holland’s implementation of Europe’s AMLD5 anti-money laws. Dutch Bitcoin (BTC) savings platform, Bittr, has decided to cease operations ahead of Holland’s introduction of the EU’s AMLD5 anti-money laundering, or AML, regulations. Bittr’s closure follows criticism of the Netherlands’ implementation of AMLD5 — reportedly […]

Gilded Automates Crypto Payments for CoinMarketCap

April 23, 2020cashtechnews

CoinMarketCap is now using an automated crypto payments system to raise invoices and receive funds. CoinMarketCap (CMC) has deployed a totally automated digital currency payments solution, from finance network Gilded. Gilded Chief Operations Officer (COO) Neal Roche told Cointelegraph the automated approach solved a lot of issues currently facing crypto invoicing and payments: “Most companies, […]

Major Asian Ticketing Agency Accepts Bitcoin on Lightning Network

April 20, 2020cashtechnews

Vietnamese online ticketing agency Future.Travel now accepts Bitcoin payments via the Lightning Network, with funds being converted into local currency at the time of sale. Vietnamese online ticketing agency Future.Travel now accepts Bitcoin (BTC) payments via the Lightning Network (LN), with funds being converted into local currency at the time of sale. To enable LN-based […]

Crypto Needs to Meld With Legacy Financial Systems for Mass Adoption

April 16, 2020cashtechnews

The next step for crypto’s mass adoption might lie in an alliance between decentralized crypto assets and centralized custodians. Mass adoption. It’s a mantra touted often in this space and what every crypto company is working toward. While tremendous progress has been made in the past 10 years on driving crypto awareness and improving user […]

Dutch AMLD5 Implementation Leaves Crypto-Companies Footing the Bill

April 15, 2020cashtechnews

The Dutch implementation of the EU’s anti-money laundering directive will cost crypto-businesses a fortune. The Dutch Ministry of Finance’s implementation of the European Union’s fifth anti-money laundering directive, or AMLD5, requires the country’s Central Bank to monitor its cryptocurrency industry. The cost of this supervision will be passed on to crypto-based businesses. A recent report […]

BlockCard Cryptocurrency Debit Card Rewards Spike to 6.38%

April 14, 2020cashtechnews

Crypto debit card BlockCard now touts 6.38% customer spending rewards. Crypto debit card BlockCard, built by blockchain company Ternio, has increased user rewards to almost 7%. “Starting April 14th, all BlockCard users (existing and new) will be entitled to earn 6.38% back in cryptocurrency rewards on all BlockCard purchases – with no ceiling on the […]

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