Shopify sellers can now accept crypto via digital asset payment processor, CoinPayments. A partnership with crypto payment processor CoinPayments means bolstered digital asset payment compatibility for Canadian e-commerce giant Shopify. “Shopify is a natural fit for us,” CoinPayments CEO Jason Butcher told Cointelegraph via email, adding: As they look to bring new features to their merchant base […]
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The wallet of cryptocurrency exchange Huobi now allows users to buy cryptocurrencies with credit and debit cards. The cryptocurrency wallet of major cryptocurrency exchange Huobi now allows users to buy cryptocurrencies with credit and debit cards. Until now, Huobi Wallet only allowed its users to exchange between different crypto assets and access to decentralized lending, […]
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Signs indicate that Venezuela’s state-backed cryptocurrency quietly underwent a hard fork earlier this month. On May 5, Venezuela’s government announced that its controversial oil-backed cryptocurrency, El Petro, would go offline for maintenance until May 10. However, observers have since identified that the official Petro block explorer now lists May 5, 2020, as the date that […]
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Decentralized finance faces a liquidity issue, but there are multiple solutions in the works that hope to tap into Bitcoin’s massive market cap. Decentralized Finance, or DeFi, has been making strides in providing tools for users to take control of their own money and truly be their own bank. However, the assets that power this […]
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A group of ransomware hackers has reportedly stolen sensitive information from a major Costa Rican state-owned bank, Banco BCR. A group of hackers dubbed Maze claims to have compromised the infrastructure of Banco BCR, a Costa Rican state-owned bank, and is now threatening to leak millions of credit card numbers. On April 30, Maze claimed […]
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Ripple claims to be the first DLT-focused member of the global ISO 20022 standards body, driving international standards for interoperability between financial institutions. Ripple has become a member of the ISO 20022 standards body, which is driving a new data standard for payments and data messaging between global financial institutions. The company claims to be […]
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An ultimate financial game-changer: Blockchain technology has dramatically changed the traditional finance industry, and there is more to come. A few years ago, blockchain technology gained significant traction and was regarded as a truly revolutionary tool for any industry, providing opportunities to significantly update the way of doing business in many areas. As a result, […]
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The personal experience of significant changes in life: from traditional banking investments into the crypto world of startups. “How could I possibly do this?” — That is what I asked myself when the opportunity presented itself to leave my 14-year career in corporate and investment banking to join the startup world. It was certainly one […]
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Brazil’s PIX will cut out payment intermediaries, enabling peer-to-peer and business-to-business transactions in seconds. The Central Bank of Brazil made some waves last week with its new instant payment system. While not blockchain-based, the new system, dubbed PIX, nevertheless is imbued with some of blockchain’s core attributes. Money transfers have historically been slow, cumbersome and […]
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Amid a major economic downgrade, countries in Latin America suffer increasingly from money laundering through crypto, a new report says. Amid a major economic downturn, countries in Latin America (LATAM) are increasingly suffering from money laundering through cryptocurrencies, a new report says. Cryptocurrencies like Bitcoin (BTC) have become a major tool of organized crime groups […]
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