Wallet of Satoshi vanishes from Apple and Google’s US app stores

Bitcoin (BTC) Lightning payments app Wallet of Satoshi (WoS) has disappeared from Apple’s App Store and Google’s Play Store in the United States as it closes in on over 1 million transactions for November.On Nov. 24, several users and crypto community participants shared on X ( ...

Bitcoin user pays $3.1M in transition fee for one 139 BTC transfer

A Bitcoin user paid 83.7 Bitcoin (BTC) worth $3.1 million in transaction fees for transferring 139.42 BTC. The transaction fee of $3.1 million is the 8th highest in Bitcoin's 14-year history.The BTC wallet address bc1qn3d…wekrnl tried transferring 139.42 BTC to bc1qyf…km36t4 earlier on Nov ...

Sushi to test Bitcoin swaps and Opyn DeFi protocol founders cave to CFTC pressure: Finance Redefined

Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week.A new DeFi report has highlighted that a significant amount of crypto lost to exploits was due to tradi ...

Pay and dump? How businesses accepting crypto payments influence adoption

Cryptocurrency enthusiasts often argue that businesses need to start accepting crypto as payments for adoption to grow — boosting usability and potentially creating strong demand for these currencies.Some crypto communities often focus heavily on growing business adoption, with maps now co ...

US CFPB proposes supervising digital app providers, including crypto wallets

The United States Consumer Financial Protection Bureau (CFPB) has proposed a rule to allow it to supervise large non-bank digital wallet and app providers. The rule is part of a larger move by the agency that has seen it extend its supervision to consumer reporting, consumer debt collection, stud ...

Crypto remittances offer cheaper alternative, but still face challenges to adoption

As the cryptocurrency market moves sideways and amid a deepening stablecoin exodus, the sector remains a vital lifeline for many sending money to loved ones while dodging extremely high fees that can be life-changing over time.Cryptocurrency remittances have been seeing their adoption grow ...

Elon Musk’s X moves closer to crypto payments with new state license

Rhode Island’s regulators have granted X (Twitter) a currency transmitter license marking a step forward for the company’s foray into the financial services sector. The license is legally required for companies conducting financial activities on behalf of users related to sending and ...

Tesla’s diamond hands: EV maker’s Bitcoin holdings see no change in Q2

For the fourth quarter in a row, Tesla hasn’t sold or added to its digital asset holdings, with the electric vehicle manufacturer continuing to hold $184 million worth of its remaining Bitcoin (BTC).In Q2 2023 earnings released on July 19, the net value of Tesla’s Bitcoin holdings stood at ...

7 payment gateways for fast online transactions

In today’s fast-paced digital world, speed and convenience are paramount when it comes to online transactions. Whether you run an e-commerce business or simply want to make swift payments online, having a reliable payment gateway that ensures seamless and speedy transactions, including support fo ...

‘No, we’re not smuggling people’ – Bitcoin advocate tours Europe in BTC-styled van

From thumbs-ups from friendly strangers to midnight police searches, a Bitcoin-themed van continues a whirlwind tour around Europe.Ariel Aguilar has been behind the wheel of Bitcoin (BTC) promotion efforts, driving across Europe in a BTC-themed van called La Bitcoineta. Speaking to Cointel ...

Lightning Labs releases tools letting AI transact and hold Bitcoin

Bitcoin (BTC) Lightning Network development firm Lightning Labs unveiled a new set of tools for artificial intelligence to send and receive BTC on the network’s layer-2 solution.On July 6, Lightning Labs announced the toolkit which helps enable AI applications such as OpenAI’s ...

Crypto mass adoption is coming, but how fast?

Cryptocurrencies must reach mass adoption to unlock their maximum potential as a network technology and their value as financial assets. As with other technologies, the adoption of crypto follows a classic bell curve: Starting from a small number of innovators, it grows as early adopt ...

Lightning Network Partners with Chainalysis, Notabene, and TRM Labs for Bitcoin Payment Monitoring

This news was received ambiguously because payments will now be able to be monitored by US regulators The Lightning Network has partnered with Chainalysis, Notabene and TRM Labs. ...

Xapo Partners with Circle to Introduce USDC Stablecoin Support and Payment Infrastructure

Xapo, a leading cryptocurrency custodial service and licensed bank, has joined forces with Circle to offer support for the USDC stablecoin and facilitate payments using it. This partnership is expected to result in the creation of a payment infrastructure similar to the SWIFT interbank transfer s ...

Xapo Partners with Lightspark to Offer Lightning Network Bitcoin Payments

Xapo, the cryptocurrency bank, has joined forces with Lightspark to bring Bitcoin payments to its platform using the Lightning Network. According to the CEO of Xapo, Seamus Rocca, this partnership will enable the bank to be the very first licensed private bank to provide payments using the Lightn ...

Novotel Bahrain Al Dana Resort Enables Bitcoin Payments

Novotel Bahrain Al Dana Resort создал новый прецедент в Королевстве Бахрейн, став первым отелем, принимающим биткоины в качестве оплаты за свои услуги. В сотрудничестве с Eazy Financial Services, компанией онлайн-платежей, отель установил специальные терминалы на своих входах для облегчения платежей ...