Category: Bitcoin Payments

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Bitcoin Pizza Day rewind: A homage to weird and wonderful BTC purchases

In recognition of Bitcoin pizza day, the first-ever real-world transaction using Bitcoin, Cointelegraph speaks with the crypto community about their historic BTC purchases. Happy Bitcoin Pizza Day! Before you dial for a Margherita to commemorate the world’s first real-world Bitcoin transaction, here’s a slice of trivia: What do a family holiday to Japan, a 50…
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More than a third of AMC online payments are crypto or digital: CEO

“Taken together, these various new payment options, impressively, recently represented about 35% of our total online payments,” said AMC Theatres CEO Adam Aron. AMC Theatres CEO Adam Aron stated that crypto along with several other digital payment methods recently accounted for 35% of its online payments. The popular cinema chain has gradually been working on…
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‘DeFi is not decentralized at all,’ says former Blockstream executive

Samson Mow, former chief strategy officer at Blockstream, is convinced that DeFi protocols can’t compete with Bitcoin as monetary networks due to their lack of decentralization. Samson Mow, former chief strategy officer at Blokstream and founder of JAN3, is convinced that most decentralized finance protocols can’t compete with Bitcoin when it comes to providing an…
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The Central African Republic reportedly passes a bill to regulate crypto use

The new crypto law would reportedly allow citizens to pay their taxes in crypto and allow the use of crypto as a form of payment for businesses. The Central African Republic (CAR) has become the center of a hot buzz in the crypto world amid various reports of it adopting Bitcoin (BTC) quite similar to…
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Bitcoin average transaction fees lowest in two years at $1.04

The average BTC transaction fee saw a steady decline from an all-time high of $62.788 in April 2021 before coming down. The average transaction fee per Bitcoin (BTC) transaction made a complete 360-degree over nearly two years to settle down at $1.039, a number which was last recorded back in June 2020.  The BTC transaction…
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Top Latin America delivery app to accept crypto

The company has partnered with Bitso and Bitpay to allow its users to pay for orders with Bitcoin and other cryptocurrencies. Rappi, the most popular delivery service in Latin America, is working with Bitso and Bitpay to accept Bitcoin (BTC) and other cryptocurrency payments. As reported by Cointelegraph Brazil, Rappi is integrating with Bitso and…
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60 Minutes feature on El Salvador’s Bitcoin Beach will air Sunday

Sharyn Alfonsi, a journalist and 60 Minutes correspondent, interviewed Mike Peterson, one of the people who funded the Bitcoin Beach project and encouraged crypto adoption. 60 Minutes, the CBS news show that has been running since 1968, will feature El Salvador’s Bitcoin Beach in a new episode airing April 10. According to a Friday post…
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Singaporean fintech adds Bitcoin payments for merchants with BitPay partnership

Crypto Accept allows online sellers to accept BTC and ETH before expanding to other digital assets next year. Nium, a cross-border payments firm based in Singapore, has announced the launch of a new API-based solution that will allow businesses to start accepting cryptocurrency payments. As per the announcement, the newly launched product is called Crypto…
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Bitpay Adds Lightning Network, Youth Fashion Brand Pacsun to Accept Payments via Lightning

On April 6, one of the largest cryptocurrency payment platforms in the world, Bitpay, announced the Atlanta-based company has integrated bitcoin payments via the Lightning Network. According to the announcement on Wednesday, the youth-focused American retail clothing brand Pacific Sunwear (Pacsun) will be the first merchant to leverage Bitpay to accept Lightning Network payments. Payment…
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US grassroots adoption: the Bitcoin Lightning party in Portland

A grassroots Bitcoin Lightning festival in Portland, U.S. demonstrated that the Lightning Network is the perfect companion for payments. There is “grassroots evidence” that “America is adopting Bitcoin,” according to Clay Graham, founder of Rapaygo and a Bitcoin Lightning Network (LN) enthusiast.  At a Bitcoin Lightning festival held in Portland, United States over the weekend,…
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