PYMNTS

SEPTEMBER 30, 2016

Can the unbanked benefit from bitcoin, or are they merely the experimental subjects of bitcoin adherents, lobbyists and scientists? This week’s Bitcoin Tracker takes a look at the recent bitcoin projects that are in the news and that are targeting the unbanked. Vogel also wanted to clarify regulations surrounding bitcoin.

Bitcoin

PYMNTS

SEPTEMBER 15, 2017

Bitcoin has been riding a bit of a rollercoaster in the past few weeks since hitting an all-time high of more than $4,800 per digital coin on Aug. To continue the rollercoaster analogy, the cryptocurrency’s value has been on a steep climb all year, and it stands to reason that bitcoin’s skyrocketing value must eventually slow and reverse.

Bitcoin

The Fintech Times

APRIL 25, 2024

Bitget Research has attributed much of this growth to favourable local crypto regulations in the Middle East, the approval of Bitcoin ETFs , and the increasing attractiveness of digital assets amid a market upturn. Meanwhile, 34 per cent of users are cryptocurrency traders, and 22 per cent use them for daily payments.

Cryptocurrency

PYMNTS

JUNE 4, 2020

Paxful , a peer-to-peer (P2P) bitcoin marketplace, registered substantial rises in Indian trade volume amid a regulatory environment in the nation that is becoming more friendly to digital currency, Cointelgraph reported. Ray Youssef, the company’s CEO, told the outlet that monthly new user sign-ups have jumped by 28 percent.

P2P

PYMNTS

SEPTEMBER 23, 2020

Origin said the digital currency is a natural addition to its aim of facilitating peer-to-peer (P2P) commerce. The product was created using the organization’s current workforce of individuals at Origin Protocol who are FinTech and cryptocurrency veterans.

Origination

Fintech Review

MAY 21, 2024

There has been significant advancements in digital payment solutions, such as mobile wallets, peer-to-peer payment platforms, and cryptocurrencies. Mobile wallets, peer-to-peer platforms, and cryptocurrencies are at the forefront of this shift. P2P platforms are not just convenient; they are also cost-effective.

Digital Payments

PYMNTS

OCTOBER 26, 2020

On P2P marketplace Paxful , traders are selling up to $16.2 million in discounted bitcoin in exchange for gift cards — an amount that a report from Arcane Research says is half Paxful's trade volume, Cointelgraph reports. Trade of bitcoin for gift cards, the report says, comes out to 48 percent of Paxful's revenue.

Bitcoin

CB Insights

OCTOBER 4, 2018

For one, in January 2018, Facebook CEO Mark Zuckerberg mentioned cryptocurrency when disclosing his annual project for 2018: “There are important counter-trends to [the rise of Big Tech] — like encryption and cryptocurrency… I’m interested to go deeper and study the positive and negative aspects.”. Timeline of major events.

Cryptocurrency

PYMNTS

JUNE 19, 2020

Universality is, well, universally, desired in business — particularly when it comes to technology and especially when it comes to person-to-person (P2P) payments. Hardly critical mass — and as a replacement for P2P, demonstrating utility is vitally important. And herein lies a bit of head-scratching.

P2P

PYMNTS

AUGUST 5, 2020

“Consumers are migrating to … this digital world that we live in for payments,” he said, adding that Coinstar’s strategy has given rise to the ability for consumer to come in and load cash onto a digital payment platform, including cryptocurrencies (purchased though mobile phones and apps at the kiosk).

Bitcoin

PYMNTS

OCTOBER 29, 2020

The app uses RippleNet , Ripple’s global financial payments network, to provide international remittances, corporate payments and peer-to-peer (P2P) transfers. And, cryptocurrency storage platform Casa has added the capability for customers in the U.S. to buy bitcoin, the custodian announced in a blog post.

Digital Currency

PYMNTS

MAY 17, 2019

As P2P Payments Spreads Its Wings, Challenges Loom. The spotlight burned brighter for peer-to-peer (P2P) payment services in the first quarter of 2019, with those payment methods finding popularity among more consumers. Bitcoin Gets Second (or Third, or Fourth) Wind.

P2P

PYMNTS

JULY 31, 2019

The company’s revenue growth can be attributed to its expansion in cryptocurrency, person-to-person transactions through Cash App and digital payments, leading to an increase in gross payment volume (GPV), according to analysts. Previously, they could buy, sell and transfer bitcoin through the app. Cash App reported that volume grew 2.5

P2P

PYMNTS

SEPTEMBER 7, 2020

Because of the COVID-19 pandemic, the watchdog has seen a 20 percent spike in consumers losing money from cryptocurrency scams, the report says. Those types of P2P transactions are increasingly popular with the younger generations, who are looking for more autonomy and variety in payments methods.

P2P

PYMNTS

DECEMBER 19, 2018

Bitcoin might be making a comeback. This latest surge brought bitcoin’s three-day gains to more than 22 percent. Still, CoinFi CEO Timothy Tam warned that it isn’t exactly time for cryptocurrencies to “breath a sign of relief.”. The crypto saw a 10 percent increase on Wednesday (Dec.

Bitcoin

PYMNTS

OCTOBER 10, 2019

Alipay revealed that it will be banning any transactions related to bitcoin and other cryptocurrencies. Alipay refuted that claim in a Twitter thread , writing “There’re several reports about @Alipay being used for bitcoin transactions.

Transactions

CB Insights

FEBRUARY 16, 2021

Among plenty of emerging use cases, the technology aims to create a new and improved payments system for the world — one that’s secure, transparent, decentralized, fast, and uses cryptocurrencies (types of digital cash) as a means of exchange. But the value of most cryptocurrencies, especially bitcoin, fluctuates on a daily basis.

Stablecoins

PYMNTS

AUGUST 3, 2018

Blockchain company Stratis announced this week it has developed a wallet that supports cryptocurrency payments for corporates. In a recent press release , Stratis said it launched the Stratis Breeze Wallet, with its integrated Breeze Privacy Protocol to enhance the privacy of transactions made with bitcoin.

Bitcoin

PYMNTS

OCTOBER 3, 2018

Coinbase , the cryptocurrency exchange operator, is nearing a deal that would give it a valuation of around $8 billion, reported Recode. With cryptocurrencies facing a steep decline in values this year, the core business at Coinbase has suffered. Some of the investment will be used to buy out some of its existing shareholders.

Cryptocurrency

PYMNTS

JULY 25, 2018

Speculation on such a deal first came up in May, when word surfaced that Sun was interested in buying the peer-to-peer (P2P) file-sharing platform and its architecture. In other news, bitcoin has broken the $8,000 barrier for the first time since May, the Financial Times reported. In addition, the U.S.

Bitcoin

PYMNTS

FEBRUARY 23, 2019

Because, as it turns out, Venmo might just be able to help cure a broken heart (or make one worse), the big bitcoin price drop might have been a boon for cybersecurity, and Girl Scout cookies might just be the reason you see more healthy eating options advertised over the next few weeks. Bitcoin’s Price Busts, So Hackers Change Tactics.

Venmo

PYMNTS

JANUARY 29, 2018

Following the theft of $530 million in NEM tokens from Coincheck last week, governments will likely call for more cryptocurrency regulation and investors may turn to peer-to-peer (P2P) methods of trading instead of centralized exchanges, Bloomberg reported. Gox, the now-defunct bitcoin exchange that shuttered in Feb.

Regulations

PYMNTS

MARCH 2, 2018

As new payment technologies — such as digital coins make it less necessary for people to handle cash, Cardtronics said cryptocurrencies could impact its business. The news comes as JPMorgan Chase has labeled cryptocurrencies a threat to its business in its annual 10-K filing. The bank’s comments mirror those by Goldman Sachs.

Risk

PYMNTS

JUNE 11, 2018

But with the emergence of peer-to-peer payments and processors, as well as conduits like bitcoin, he said there is no need for middlemen to facilitate those actions. More recently, the company has added cryptocurrency trading to the mix, via unveiling OpenBazaar 2.2.0 last month. Now they are instantly accessible.”.

P2P

Fintech News

AUGUST 12, 2024

The company uses artificial intelligence (AI) and big data technology to provide peer-to-peer (P2P) lending, consumers loans, buy now, pay later (BNPL) arrangements, and more.

FinTech

PYMNTS

NOVEMBER 2, 2020

In today’s top news in digital-first banking, BlockCard is teaming with peer-to-peer (P2P) bitcoin marketplace Paxful for a new crypto debit card, while the Federal Reserve Board has modified the terms of its Main Street Lending Program (MSLP). Ternio’s BlockCard Teams With P2P Bitcoin Marketplace Paxful for Crypto Debit Card.

Debit Card

CB Insights

MARCH 21, 2018

The majority of blockchain energy projects are focused on peer-to-peer (P2P) energy marketplaces. P2P energy sales have a few advantages. P2P energy sales also open up the possibility of distinguishing where energy is coming from — renewables, coal, oil, and gas — which allows consumers to choose renewable energy, for example.

Blockchain

PYMNTS

JUNE 18, 2019

The endless speculation over Facebook ’s plans to build a new set of global payments rails and launch a global cryptocurrency comes to an end today with the official launch of Libra. The New Cryptocurrency — Libra. The initial use case for Calibra will be P2P payments, cross-border. Or does it? New Network, Crypto Applications.

Payments

PYMNTS

OCTOBER 16, 2020

Zelle: The Role Of AI In Stopping COVID-Related P2P Payment Scams . Peer-to-peer (P2P) payment apps face a double-edged cybercrime threat, with both account takeovers (ATOs) and scams targeting their users. Beyond bitcoin is the potential of central bank digital currencies (CBDC). The Lures — And Challenges — Of Digital Fiat .

Instant Payments

The Fintech Times

JUNE 3, 2024

The live transaction capabilities are enabled on the Bit2Me , Lirium and Mercado Bitcoin exchanges. We want to offer solutions that not only accompany but also enrich our users’ experience in the dynamic world of cryptocurrencies,” said Ricardo Dantas , chief executive officer of Foxbit Group.

Credential

PYMNTS

JANUARY 16, 2020

The unique secrecy and security of bitcoin and other cryptocurrencies have led to their use by domestic terrorist groups like white supremacists, experts said at a hearing Wednesday for the U.S. Selim said noted neo-Nazi troll Andrew “weev” Auernheimer had received great sums of donated bitcoin.

Finance

PYMNTS

JULY 6, 2018

The movie is titled “No Postage Necessary” and, as the report noted, has a bitcoin subplot. In a way, might it be the case that bitcoin is becoming a subplot to the blockchain story? There’s also the promise of putting pirates at bay, given the peer-to-peer (P2P) nature of data transference.

Blockchain

PYMNTS

AUGUST 3, 2018

To allow eCommerce merchants to accept cryptocurrency from buyers, Coinbase has rolled out a new plug-in. The plug-in fits into Coinbase’s “open financial system,” which is a peer-to-peer (P2P) crypto network. The plug-in fits into Coinbase’s “open financial system,” which is a peer-to-peer (P2P) crypto network.

Cryptocurrency

PYMNTS

DECEMBER 4, 2017

Today in PYMNTS’ data, spontaneous commerce is driving grocery sales, peer-to-peer (P2P) marketplaces are helping people find roommates, bitcoin continues to push record levels, small- and medium-sized businesses (SMBs) are questioning cloud storage security and specialty retailers are producing novelty connected commerce devices. . $17

P2P

The Paypers

APRIL 21, 2021

PayPal-powered P2P mobile payments app Venmo launched supporting cryptocurrencies, allowing users to buy, sell, or hold Bitcoin (BTC) and other coins.

Venmo

PYMNTS

NOVEMBER 7, 2019

Hong Kong’s Securities and Futures Commission ( SFC ) released a position paper explaining that it should treat cryptocurrency trading platforms like traditional brokers if they offer security tokens.

Digital Currency

PYMNTS

AUGUST 6, 2018

Also, Facebook talks with banks about sharing data, Walmart enters a meal kit deal with Gobble , Starbucks clarifies its plans to emphasize no purchases with crypto and China blocks demonstrations related to the country’s P2P market. China Cracks Down Amid Anger Over P2P Crisis. MoviePass Shelves Hike, But Limits Free Showings.

P2P