Category: Lightning Network

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Bitpay Reveals Prepaid Cardholders Can Get up to 15% Cash Back Rewards via Select Retailers

The Atlanta-based crypto payment services company Bitpay has announced that Bitpay’s prepaid cardholders are eligible for cash back rewards if they use their card with participating retailers. The rewards feature stems from Bitpay’s partnership with Cardlytics and cardholders can get up to 15% in cash back rewards on purchases from the service from thousands of…
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VC Roundup: Lightning Network payment rail, DeFi trading platform and blockchain security firm raise millions

ZEBEDEE, Halborn, Hashflow, Socios and EtherMail headline the latest funding deals from the world of blockchain and cryptocurrency. Even with the onset of crypto winter, 2022 has been a watershed year for venture capital funding. Crypto and blockchain companies collectively raised $30.3 billion in venture capital in the first half of 2022, exceeding all of last…
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Bitcoin Art: 5 Places That Sell Physical Crypto-Inspired Artwork

Bitcoiners are increasingly buying Bitcoin (BTC)-themed artwork to decorate their home offices and living rooms, creating a growing demand for Bitcoin art. To meet that demand, more and more artists are selling physical cryptocurrency-themed artwork online.  Read on to discover places where you can buy Bitcoin art online. … Read More: Bitcoin Art: 5 Places That…
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Fintech Firm Galoy Raises $4 Million, Startup Introduces Bitcoin-Backed Synthetic Dollar Product

On Wednesday, Galoy, the firm behind El Salvador’s Bitcoin Beach Wallet, announced that the company raised $4 million in funding in an investment round led by Hivemind Ventures. On the same day, the startup launched a new product called Stablesats, a stablecoin concept that leverages derivatives contracts to create a bitcoin-backed synthetic dollar pegged to…
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The Costa’ Bitcoin on the rise: Major chains give Gibraltar a BTC boost

Major franchises in Gibraltar including Costa Coffee, the Card Factor and Hotel Chocolat now accept Bitcoin over the Lightning Network or on-chain. “But you can’t buy a coffee with Bitcoin,” the Bitcoin (BTC) critics chanted. Gibraltar, a tiny British Overseas Territory in Europe just blew a hole in that FUD as popular coffee chain Costa…
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Zebedee Inks Deal With Mobile Game Studio Viker to Add BTC Rewards to Solitaire, Sudoku, Missing Letters

Seven days after the financial technology and bitcoin payments firm Zebedee announced it secured a $35 million capital raise, the company has revealed a new partnership deal with the mobile game studio Viker. The two companies have enhanced three classic video games with Zebedee’s bitcoin reward mechanics which include “Solitaire,” “Sudoku,” and the game “Missing…
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Bitcoin network difficulty drops to 27.693T as hash rate eyes recovery

The reduced difficulty allows Bitcoin miners to confirm transactions using lower resources, enabling smaller miners a fighting chance to earn the mining rewards. The difficulty in mining a block of Bitcoin (BTC) was reduced further by 5% to 27.693 trillion as network difficulty maintains its three-month-long downward streak ever since reaching an all-time high of…
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Andorra Taking Baby Steps Toward Crypto Adoption

The microstate of Andorra is looking to make crypto and central bank digital currency (CBDC)-related moves with a legislative proposal that could eventually see the country issue its own token – and despite an initial setback, could push to adopt crypto-friendly policies in the near future…. Read More: Andorra Taking Baby Steps Toward Crypto Adoption…
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Fintech and Bitcoin Payments Firm Zebedee Raises $35 Million From Kingsway Capital, Square Enix

On Tuesday, the fintech and payment processor Zebedee announced the company has raised $35 million from Kingsway Capital, Raine Group, and video game giant Square Enix. Zebedee detailed that the Series B funding will help the startup “scale company-wide to meet the needs of the biggest names in the games industry.” Gaming-Focused Fintech Zebedee Secures…
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Busking on Bitcoin: How Lightning Network outperforms Ethereum for tipping

A busker in British Columbia got a lesson in the Lightning Network after a passerby offered to send some Bitcoin his way. The Canadian band The Carbons got a little more than just a tip during a live performance in Kelowna, British Columbia. When passerby Ben from BTCSessions, a Youtuber and Bitcoin (BTC) educator, saw…
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