Tag: payment processing

Coinbase Payment Processing Service Now Supports Circle’s USDC Stablecoin

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Major U.S.-based cryptocurrency exchange Coinbase announced that its payment processor Coinbase Commerce now supports Circle’s USD Coin. Major United States-based cryptocurrency exchange Coinbase announced that its cryptocurrency payment processor Coinbase Commerce now supports Circle’s stablecoin USD Coin (USDC) in a blog post on May 20. Per the announcement, Coinbase Commerce users can now accept USDC […]

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Former Worldpay US Executive Joins Crypto Payments Firm BitPay as Its New CFO

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Major cryptocurrency payment services provider BitPay has onboarded former Worldpay U.S. executive Glen Braganza as its CFO. Major cryptocurrency payment services provider BitPay has onboarded former Worldpay U.S. executive Glen Braganza as its Chief Financial Officer (CFO), according to a press release published on May 7. Having more than 15 years experience in private equity […]

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Bitfinex ‘Official Doc’ Confirms Plans to Raise up to $1 Billion in IEO for Its Token LEO

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Zhao Dong, a shareholder of cryptocurrency exchange Bitfinex, released new material concerning an upcoming initial exchange offering. Zhao Dong, a shareholder of cryptocurrency exchange Bitfinex, has released new promotional material detailing the exchange’s upcoming initial exchange offering (IEO) for up to $1 billion. The information was shared in a tweet from Dong on May 4. […]

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Stablecoins, Explained

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Volatility in crypto prices have been regarded as a big hurdle for mainstream adoption. Stablecoins could be a way of eliminating such erratic fluctuations. Can stablecoins achieve true decentralization? Certain providers believe they have struck a compromise. Some stablecoin advocates are concerned that pegging a cryptocurrency directly to the U.S. dollar means that it must […]

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US Rapper Lil Pump Starts Accepting Bitcoin via Lightning Network on Merchandise Store

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The teenage rapper, who has tens of millions of fans on social media, is now accepting Lightning Network payments for merchandise. American rapper Lil Pump has started accepting bitcoin (BTC) payments through his merchandise store Unhappy, according to his website. Fans of the 18-year-old, known for his catchphrase “Esskeetit” and his most recent album Harverd […]

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Exchange KuCoin Enables Credit Card Purchases of Crypto

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Singapore-based exchange KuCoin partners with payment processor Simplex to allow users to purchase crypto with credit cards. Singapore-based crypto exchange KuCoin has partnered with Israel-based payment processing company Simplex to let its users purchase crypto via credit card, an official announcement revealed on March 27. The exchange has already added the service to its assets […]

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Binance’s Official Crypto Wallet Adds Support for XRP and Credit Card Purchases

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Trust Wallet, the official wallet of leading crypto exchange Binance, has added support for credit card purchases and crypto asset Ripple. The official wallet of leading cryptocurrency exchange Binance, Trust Wallet, has added support for credit card purchases and Ripple’s XRP token. The company announced the new features in a press release shared with Cointelegraph […]

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