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Overstock’s Medici Ventures Acquires Ten Percent Stake in GrainChain for $2.5 Million

Overstock subsidiary Medici Ventures has purchased a $2. 5 million equity in GrainChain, a blockchain-based payment solution for farms. According to a press release issued December 4, 2018, the sale has granted Medici Ventures ten percent ownership in the company, and the option to double that in the future with a second acquisition round. дальше »

2018-12-7 10:00


Australian Taxpayers Have Paid $1 Million to Scammers Through Bitcoin ATMs Since July

The Australian Taxation Office (ATO) has used official channels to warn taxpayers of scammers who are fooling people into paying their taxes through Bitcoin ATMs to their accounts. As the deadline approaches on 21 November, the authority told the one million taxpayers, who will need to make a payment to the ATO, to be wary. дальше »

2018-11-15 03:00


Crypto Experts Agree: It’s Not Wise to Compare Bitcoin (BTC) to Centralized Payment Systems

Bitcoin is the largest and most popular virtual currency in the cryptocurrency market. It can be used to process transactions of $1 million dollars or more or even $1 dollars’ transactions. However, the miners have to pay the same price for processing a very small payment or large transactions. For example, back in September, $193 […] дальше »

2018-11-14 18:54


$30,000 fee for $1 Million Withdrawal? Crypto traders Outraged over Exorbitant fee charges from Bitfinex and Coinbase

From time to time, exchanges undergo several upgrades ranging from new innovative features to system maintenance and withdrawal fee changes. Bitfinex, the world’s 12th largest exchange according to data from coinmarketcap, has updated its payment structure, but users are not in agreement with the new changes made. дальше »

2018-11-13 19:09


Square Generates $43 Million in Bitcoin Revenue in Q3, Profits Reach $500,000

Mobile payments and merchant services provider Square, Inc. has revealed its Q3 revenue report, and with it has shared some positive growth in Bitcoin-related revenue. Square Shows Steady Continued Growth in Bitcoin Revenue According to Square’s third quarter 2018 revenue report, the mobile payment firm generated $431 million in adjusted net revenue – beating FactSet. дальше »

2018-11-10 01:00


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TechCrunch Founder Praises Ripple After Sending XRP Worth $50 Million in 2 Seconds Spending only 30 Cents

Love it or hate it, it’s just not possible anymore to dismiss the influence of Ripple and XRP on the global payment industry. That’s exactly the sentiment one can infer from TechCrunch founder Michael Arrington’s recent remark that it is possible to move XRP worth $50 million in only two seconds, and that too at […] TechCrunch Founder Praises Ripple After Sending XRP Worth $50 Million in 2 Seconds Spending only 30 Cents was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News. дальше »

2018-10-21 16:29


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Canadian banking cartel freezes $28M belonging to cryptocurrency exchange

A Canadian banking cartel has allegedly frozen $28 million in customer funds belonging to Canada’s largest cryptocurrency exchange. Vancouver-based exchange desk QuadrigaCX claims the Canadian Imperial Bank of Commerce (CIBC) locked the money and froze accounts belonging to its payment partner, Costodian, and its owner, Jose Reyes. дальше »

2018-10-9 12:59