CoinCorner is a UK-based cryptocurrency exchange that allows new users to register for free and purchase Bitcoin. The exchange, which was founded in 2014, now has over 200,000 members and enjoys regulatory backing. CoinCorner follows the Isle of Man's anti-money laundering and counter-terrorist financing regulations. However, the platform’s main focus is on Bitcoin. Almost a decade ago, accessing...
Vueling is partnering with cryptocurrency payment provider BitPay and global payment solutions provider UATP to accept Bitcoin payments by early 2023.Spanish airline Vueling will begin accepting bitcoin and other cryptocurrencies as payment in early 2023.Vueling has partnered with BitPay, a provider of Bitcoin payment infrastructure, to enable the new payment method in its website.The...
The luxury retailer will begin accepting bitcoin as payment in select locations as a trial with plans to extend to the whole customer base.Farfetch will begin accepting payments in bitcoin in the upcoming months.The feature will be trialed in high-end stores located in the EU and then rolled out to the U.S., Europe and the U.K. afterwards.The luxury e-retailer also...
On May 22th, 2010, a Floridian programmer named Laszlo Hanyecz was craving pizza. So, he bought two. But the catch here is, that he paid in Bitcoin. 10,000 BTC for two pizzas which was the first-ever recorded real-world transaction using crypto. Someone’s worst trade became someone’s best trade....
The future is now. Both Stripe and Primer joined forces with OpenNode for separate payment solutions. The Stripe App will allow companies to “instantly convert any amount of...
Balenciaga, a luxury fashion house, will begin accepting bitcoin and other cryptocurrencies as payment online and in select physical locations.Balenciaga, a Kering-owned luxury fashion house, will begin accepting bitcoin and other cryptocurrencies as payment.First, flagship stores located in the U,S. and Balenciaga’s website will trial the new payment feature with further roll-outs expected at...
While many like to use Bitcoin Pizza Day as a meme, it actualized Satoshi Nakamoto’s goal with their invention: digital money without intermediaries.Bitcoin Pizza Day is likely the famous remembrance day of Bitcoin’s history. It alludes to the day when BTC was first used to purchase a real-world product, on May 22, 2010. The transaction took place after Laszlo Hanyecz posted to...
While many like to use Bitcoin Pizza Day as a meme, it actualized Satoshi Nakamoto’s goal with their invention: digital money without intermediaries.Bitcoin Pizza Day is likely the famous remembrance day of Bitcoin’s history. It alludes to the day when BTC was first used to purchase a real-world product, on May 22, 2010. The transaction took place after Laszlo Hanyecz posted to...
Another major boost to Bitcoin adoption is here in the same week as El Salvador discussed cryptocurrencies with delegates from 44 countries. So far, the Russian authorities were highly vocal in support of Bitcoin. Russia’s Industry and Trade Minister Denis Manturov suggested the country could soon come up with a Bitcoin breakthrough. The minister was...
Primer, an automated payments infrastructure platform servicing over 30 countries, partnered with OpenNode to enable one-click payments with bitcoin.Primer, a global payment infrastructure automation platform, now allows one-click checkout functions for bitcoin.Primer partnered with a leading bitcoin payments infrastructure company, OpenNode, to bring this optionality worldwide. Primer...
A home was purchased for $65,000 in bitcoin making local history as the first real estate transaction with the peer-to-peer currency in Louisville, Kentucky.The first real-estate transaction using bitcoin in Louisville, Kentucky was recently completed. The purchase took about eight seconds and cost $0.70 in transaction fees.The owner and president of Millennial Title Company believes...
The luxury brand is launching a pilot to accept Bitcoin payments in five U.S. locations, including New York, Los Angeles and Miami.Luxury fashion-house Gucci announced it would begin accepting bitcoin in physical stores. The feature rollout is a pilot beginning in five U.S. locations with plans to extend it to all stores in North America directly owned by the company. It is...
In a recent SEC filing, Tesla explained bitcoin’s liquidity use case while outlining its “long-term potential.”In a recent SEC filing, Tesla doubled-down on its bitcoin investment as “a liquid alternative to cash” thesis.Tesla experienced a rocky path from buying bitcoin, to accepting it as payment, and later removing it as a payment method over environmental concerns. Tesla also...
Morgan Stanley said the integration of Strike and BlackHawk Network lets bitcoin enter physical locations, which makes up 85% of U.S. transactions.Morgan Stanley has reportedly said bitcoin has reached an important milestone in being widely used as a currency. Strike integrating with the BlackHawk network allows bitcoin to enter the physical locations of shops and restaurants which still make...
Tigres supporters can purchase match tickets with bitcoin through a partnership between cryptocurrency exchange Bitso and ticketing platform Boletomovil.Mexican football club Tigres is now accepting bitcoin as payment for match tickets, the team said in a statement Wednesday.Tigres supporters will already be able to use...
Luxury jewelry reseller SFLMaven announced they plan to accept bitcoin as payment and have added BTC as a line item on their balance sheet.SFLMaven, a premier distributor of luxury goods, has announced a balance sheet allocation to bitcoin and intention to accept BTC as payment. The company started purchases of BTC, noting they added a line item for it on the balance...
BitPay announced that a Porsche dealer in the Baltimore region is now accepting bitcoin and other cryptocurrencies as payment for its vehicles.Porsche Towson, a dealership in Maryland, U.S. now accepts bitcoin and other cryptocurrencies for the purchase of vehicles. BitPay enabled Porsche Towson to accept cryptocurrencies as payment through their API services designed to make processing crypto...
The Bitcoin conference in Miami has come with a number of remarkable announcements. These have all been towards propelling the digital asset forward in terms of adoption and its utility as a mode of payment. Most notable of these recent announcements however have been that of payment processor Strike. CEO Jack Mallers announced in Miami yesterday that Strike is integrating the Bitcoin lightning...
A school in Dubai has announced that it will be accepting cryptocurrencies such as Bitcoin and Ethereum as payment. Dubai is a city that has continued to introduce new and favorable laws regarding cryptocurrency and as a result, has seen the adoption of digital assets rise in recent times. The Dubai school which is scheduled to open later in 2022 has become the...
Pavel Zavalny, the head of Russia's Committee on Energy, said earlier today that the country will enable friendly countries to pay for oil, gas, and other exports in Bitcoin. The statement comes as Russian lawmakers look to offset the economic damage from sanctions imposed by the U.S. and the E.U. and amp up trade with "friendly" countries. And while it might look like...
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