BitPay Send allows businesses to issue mass crypto payments around the world without having to hold any crypto themselves. Crypto payment services provider BitPay has launched BitPay Send, a new blockchain-powered mass-payout platform for businesses. BitPay Send allows organizations who do not want to handle or own crypto themselves to process crypto payments en masse.…
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COVID-19 has forced businesses around the world to adapt to new ways as crypto companies embrace the “decentralized normal.” 2020 will forever be remembered as the year of COVID-19, but there is no telling what the long-lasting effects of the pandemic will be on the global economy. Around the world, countries have been forced to…
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Twitch ramps up its crypto strategy with a digital currency promotion. Will more merchants follow suit? Amazon-owned streaming platform Twitch appears to be ramping up its crypto strategy. The site, which focuses primarily on video game livestreaming, is now offering users a 10% subscription discount when paying with cryptocurrency through the platform’s payment processor, BitPay.…
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Twitter will add more security training to prevent a repeat of the hack that hit 130 accounts including celebrities. Twitter vows to add more security training and measures as the fallout from Wednesday’s wide-scale hack on the social platform continues. Twitter said in a statement that it is continuing its investigation into the hack while…
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Bitpay wins Company of the Year Award from market research company. Digital asset transaction platform, Bitpay, has won the Frost & Sullivan Company of the Year Award in the alternative payments category. “Bitpay is a true industry leader, delivering best practices in growth, innovation, and leadership,” David Frigstad, Frost & Sullivan’s chairman, said in a June…
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BitPay rolls out prepaid Mastercard for U.S. crypto customers, hoping to further drive adoption and purchasing power of crypto holders. Blockchain payments provider BitPay has launched a Mastercard prepaid card for crypto users in the United States. The BitPay Card enables customers to convert their cryptocurrency into fiat, which can then be loaded onto the…
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Bitpay won’t be using Lightning or Liquid any time soon, with actual Bitcoin payments still accounting for 95% of transactions. Pioneering crypto payments service Bitpay has revealed that Bitcoin still overwhelmingly dominates payments and that it has no plans to use second layer solutions like the Lightning or Liquid networks. Bitcoin is often criticised as…
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The latest revolt against the controversial BitPay appears to result in open-source competitor BTCPay getting its business. Cryptocurrency payment processor BitPay has lost a major customer before it even began accepting any payments after a social media backlash. In a Twitter debate on May 15, computer manufacturer Pine64 said that it had planned to use…
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BitPay restores service to all Bitcoin wallets upon the request of merchants looking to drive mainstream adoption of cryptocurrencies. The leading provider of Bitcoin (BTC) and cryptocurrency payment services, BitPay, announced on Feb. 4 that the company will soon allow invoices to be paid from any Bitcoin wallet or exchange. BitPay CEO Stephen Pair told…
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BitPay CEO says platform will add support for more cryptocurrencies, along with possible integration of the Lightning Network – will BitPay become the next PayPal? During an exclusive interview with Cointelegraph, BitPay CEO Stephen Pair said that the platform would soon add support for more cryptocurrencies, along with a possible Lighting Network integration. While Pair…
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